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Willis Lease Finance Corporation Announces Pricing of $392.9 Million in Fixed Rate Notes
Globenewswire· 2025-12-11 22:46
COCONUT CREEK, Fla., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, announced today that its wholly-owned subsidiary, Willis Engine Structured Trust IX (“WEST”), has priced $337,400,000 in aggregate principal amount of Series A Fixed Rate Notes (the “Series A Notes”) and $55,500,000 in aggregate principal amount of Series B Fixed Rate Notes (the “Series B ...
The Becker Milk Company Limited: Six Month Financial Results
Globenewswire· 2025-12-11 22:30
Core Insights - The Becker Milk Company Limited reported a decline in total revenues and net income for the six months ended October 31, 2025, compared to the same period in 2024, primarily due to reduced finance income [3][7]. Financial Highlights - Total revenues for the six months ended October 31, 2025, were $1,428,054, a decrease of $23,408 from $1,451,462 in 2024 [3][7]. - Property revenue increased slightly to $1,369,949 in 2025 from $1,362,324 in 2024 [4][9]. - Finance income fell to $58,105 in 2025 from $89,138 in 2024 [4]. - Net income attributable to common and special shareholders was $712,962, down from $1,408,754 in 2024, resulting in a decrease of $695,792 [4][11]. - Income per share decreased to $0.39 in 2025 from $0.78 in 2024 [4][7]. Changes in Net Income - The decrease in net income was influenced by several factors, including: - A decrease in deferred tax charges of $1,159,205 [5]. - Proceeds from an expropriation settlement amounting to $331,220 [5]. - An increase in administrative expenses of $22,427 [5]. - A decrease in finance income of $31,033 [5]. - An increase in current taxes of $49,672 [5]. - A decrease in net operating income of $54,523 [5]. - A significant decrease in the fair value adjustment of $2,028,562 [5]. Non-IFRS Financial Measures - The non-GAAP financial measure Net Operating Income for the six months ended October 31, 2025, was $1,137,175, down from $1,191,698 in 2024, reflecting a decrease of $54,523 [8][9]. - Adjusted funds from operations for the six months ended October 31, 2025, were $391,854 ($0.22 per share), compared to $300,304 ($0.17 per share) in 2024 [10][11]. Strategic Review - The Board of Directors is actively evaluating strategic directions for the Company and continues to review its strategic alternatives, although no discussions with potential acquirers are currently active [12].
California Water Service Receives CPUC Approval to Acquire Palm Mutual Water Company
Globenewswire· 2025-12-11 22:30
SAN JOSE, Calif., Dec. 11, 2025 (GLOBE NEWSWIRE) -- In another step toward providing safe, reliable water to Palm Mutual Water company (Palm Mutual) customers long-term, California Water Service (Cal Water) has received California Public Utilities Commission (CPUC) approval of its pending acquisition of Palm Mutual. Cal Water is the largest subsidiary of California Water Service Group (NYSE: CWT). Palm Mutual, located two miles from Cal Water’s Northeast Bakersfield Treatment Plant, currently serves 63 resi ...
Cycle Pharmaceuticals to Acquire Applied Therapeutics
Globenewswire· 2025-12-11 22:25
Core Insights - Applied Therapeutics has entered into a definitive agreement for Cycle Group Holdings Limited to acquire the company, focusing on advancing its lead drug candidate, govorestat, for rare CNS metabolic diseases [1][3][6] Company Overview - Applied Therapeutics is a clinical-stage biopharmaceutical company dedicated to developing novel drug candidates targeting rare diseases, with its lead candidate being govorestat, an Aldose Reductase Inhibitor for CNS rare metabolic diseases [2][10] Acquisition Details - Cycle will initiate a tender offer to acquire all outstanding shares of Applied common stock at a price of $0.088 per share in cash, along with a non-transferrable contingent value right (CVR) for potential additional payments [3][4] - The CVR includes payments based on FDA approvals and sales milestones, with potential cash payments of up to $0.10 for FDA approval of new drug applications for specific indications and up to $0.20 for achieving worldwide net sales of $200 million [8] Financial Support - Applied has issued a Promissory Note to Cycle, allowing for loans up to $8.5 million to support its working capital needs, with repayment obligations triggered if the transaction is terminated [5] Board Approval - The merger agreement was unanimously approved by the Applied Board of Directors after evaluating strategic alternatives, determining it to be in the best interest of the company and its stockholders [6]
INNEOVA HOLDINGS LIMITED ANNOUNCES RECEIPT OF NASDAQ NOTIFICATION LETTER REGARDING MINIMUM PRICE DEFICIENCY
Globenewswire· 2025-12-11 22:16
SINGAPORE, Dec. 11, 2025 (GLOBE NEWSWIRE) -- INNEOVA Holdings Limited (“INNEOVA” or the “Company”) (Nasdaq: INEO), a leading Singapore-based provider of high-quality Original Equipment Manufacturer, third-party branded and in-house branded replacement parts for motor vehicles and non-vehicle combustion engines and system lifecycle analysis and engineering services for infrastructure and mobility platforms, today announced that it received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) dat ...
Twelve Seas Investment Company III Announces Pricing of $150,000,000 Initial Public Offering
Globenewswire· 2025-12-11 22:07
Los Angeles, California, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Twelve Seas Investment Company III (NASDAQ: TWLVU) (the “Company”) today announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The Company's units will be listed on the Nasdaq Global Market under the symbol “TWLVU” and will begin trading on December 12, 2025. Each unit issued in the offering consists of one Class A ordinary share of the Company and one right to receive one tenth (1/10) of a Class A o ...
Brixton Metals Closes Tranche 2 Of Its Private Placement
Globenewswire· 2025-12-11 22:03
Not for distribution to United States Newswire Services or for dissemination in the United States VANCOUVER, British Columbia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that it completed on December 11, 2025, the second tranche of a non-brokered private placement previously announced on November 14, 2025 (the "Offering"). The Offering consisted of 250,000 National Flow-Through Units (“FT Units”) at a per FT Uni ...
Pro Music Rights and Music Licensing, Inc. Announce Potential Antitrust and Defamation Actions in Response to Mischaracterizations by Congressman Scott Fitzgerald and Industry Lobby Groups
Globenewswire· 2025-12-11 22:02
Miami, FL, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Music Licensing, Inc. and its subsidiary, Pro Music Rights (PMR) today announced that they are actively exploring legal action in response to what it believes to be false and defamatory statements made by Representative Scott Fitzgerald, as well as coordinated efforts by legacy performing rights organizations (PROs) and industry lobbying groups to suppress independent competition in the U.S. music licensing marketplace. Pro Music Rights and Music Licensing, Inc. ...
TTEC Recognized as a Major Contender in Everest Group's 2025 Sales Services PEAK Matrix® Assessment
Globenewswire· 2025-12-11 22:00
AUSTIN, Texas, Dec. 11, 2025 (GLOBE NEWSWIRE) -- TTEC Holdings, Inc. (NASDAQ: TTEC), a leading global CX (customer experience) technology and services innovator for AI-enhanced CX, today announced that it has been recognized as a Major Contender in the Everest Group Sales Services (B2B & B2C) PEAK Matrix® Assessment 2025. This marks an important milestone for TTEC, representing the first time the company’s end-to-end RevGen capabilities have been evaluated and acknowledged in the Everest Group Sales Service ...
Meshflow Acquisition Corp. Announces Closing of $345 Million Initial Public Offering Including Exercise of Underwriters’ Over-Allotment Option in Full
Globenewswire· 2025-12-11 22:00
CHICAGO, IL, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Meshflow Acquisition Corp. (Nasdaq: MESHU) (the “Company”) today announced the closing of its initial public offering of 34,500,000 units, which includes 4,500,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full, at a public offering price of $10.00 per unit. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordina ...