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EUDA Signs Letter of Intent to Potentially Acquire GO POSB
Globenewswire· 2025-09-10 13:30
SINGAPORE, Sept. 10, 2025 (GLOBE NEWSWIRE) -- EUDA Health Holdings Limited (NASDAQ: EUDA) (“EUDA” or the “Company”), a Singapore-based non-invasive healthcare provider in Asia focused on Singapore, Malaysia, and China, today announced that its wholly-owned subsidiary, EUDA Health Pte. Ltd. (“EUDA Health”), has signed a Letter of Intent (the “LOI”) to potentially acquire GO POSB Organoids Pte Ltd (“GO POSB”), a biotechnology company formed in Singapore. GO POSB has developed a proprietary induced pluripote ...
TEN, Ltd. Reports Profits for the Second Quarter and First Half of 2025
Globenewswire· 2025-09-10 13:25
Core Insights - TEN, Ltd reported strong financial results for the first half of 2025, with gross revenues of $390.4 million and net income of $64.5 million, translating to earnings of $1.70 per share [3][6] - The tanker market fundamentals remain robust, supported by rising global oil demand and low inventories, despite challenges from global tariffs and geopolitical tensions [12][13][14] - The company has secured minimum contracted revenue of $3.7 billion, indicating strong future earnings potential [16] Financial Performance - For the first half of 2025, TEN's adjusted EBITDA was $193.2 million, with operating income of approximately $111.0 million [3][6] - In Q2 2025, gross revenues reached $193.3 million, with adjusted EBITDA of $93.9 million and net income of $26.8 million, or $0.67 per share [6][7] - Fleet utilization increased to 96.9% in the first half of 2025, reflecting a higher number of vessels under term contracts [3][28] Operating Metrics - The average Time Charter Equivalent (TCE) per vessel per day for the first half of 2025 was $30,754, remaining healthy despite modest increases in vessel operating expenses [4][6] - Vessel operating expenses rose to $102.3 million, with total operating expenses per vessel per day at $9,743 [4][5] - The fleet's voyage expenses decreased by $15.4 million, settling at $68.0 million [4] Corporate Strategy and Developments - TEN is expanding its fleet with 21 new buildings under construction, including three new VLCC orders, while divesting older vessels [1][9][15] - The company has consistently rewarded shareholders, distributing over $900 million in dividends since its NYSE listing in 2002, with a semi-annual dividend of $0.60 per share paid in July 2025 [11][20] - Geopolitical tensions are influencing seaborne trade flows, which may impact vessel availability and market dynamics [14][15] Future Outlook - The company remains confident in its strategy to grow its fleet and maintain a modern, efficient operation, with a focus on specialized vessels under long-term contracts [15][16] - The recent order for scrubber-fitted VLCCs is expected to enhance the fleet's earning capacity and modernity [9][10]
DAVIDsTEA Announces Date of Second Quarter Fiscal 2025 Earnings
Globenewswire· 2025-09-10 13:16
MONTREAL, Sept. 10, 2025 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today that its financial results for the second quarter of Fiscal 2025 will be released before markets open on September 16, 2025. The Company will host a webcast same day at 8:30 a.m. Eastern Time to discuss the financial results. Details of the webcast Via the internet at: www.davidstea.com, in the "investor" section, or at: https://www.gowebcas ...
NIO Inc. Announces Pricing of US$1 Billion Equity Offering
Globenewswire· 2025-09-10 13:16
SHANGHAI, Sept. 10, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced the pricing of its US$1 billion offering (the “Equity Offering”) relating to a total of 181,818,190 Class A ordinary shares of the Company, which consists of an offering of American depositary shares (“ADSs”), each representing one Class A ordinary share of the Company (the “ADS Offering”), and an offeri ...
Nutriband Inc. Quarterly Report Highlights Record Revenue for Q2, 2025 up 50.87% YOY and Strategic Progress Toward NDA Filing for AVERSA Fentanyl
Globenewswire· 2025-09-10 13:15
ORLANDO, Fla., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Nutriband Inc. (NASDAQ:NTRB) (NASDAQ:NTRBW) reported its financial results for the six months ended July 31, 2025. The company reported a strong cash position at quarter end, reinforcing its ability to advance the development of its lead product, AVERSA™ Fentanyl which has been granted a Type C meeting on September 18th. Nutriband is continuing to expand its kinesiology tape contract manufacturing services through its Pocono Pharma subsidiary. The company pr ...
Robin Energy Ltd. Completes its Announced Initial Bitcoin Allocation
Globenewswire· 2025-09-10 13:10
LIMASSOL, Cyprus, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Robin Energy Ltd. (NASDAQ: RBNE), (“Robin Energy" or the "Company"), an international ship-owning company providing energy transportation services globally, today announced that, further to its August 5th communication, it has now completed its initial $5 million Bitcoin allocation through Anchorage Digital Bank N.A., as part of the Company’s newly adopted treasury framework. The Company will continue to monitor market conditions and may adapt the allocat ...
Decisions adopted in the Extraordinary General Meeting of Shareholders of AB Amber Grid
Globenewswire· 2025-09-10 13:05
Decisions adopted in the Extraordinary General Meeting of Shareholders of AB Amber Grid AB Amber Grid, legal entity code: 303090867. Address: Laisvės ave. 10, LT-04215 Vilnius, Lithuania. The following decisions were adopted in the Extraordinary General Meeting of Shareholders of AB Amber Grid on 10 September 2025: 1) On conclusion of contract for the design services and construction works for the modernization of the Jauniūnai Gas Compressor Station 1. Approve the conclusion of the contract for the design ...
Life360 Partners with AccuWeather to Deliver Real-Time Severe Weather Alerts to Families
Globenewswire· 2025-09-10 13:01
Core Insights - Life360 has announced a partnership with AccuWeather to provide real-time severe weather alerts to its members, enhancing family safety during extreme weather events [1][2][3] - The integration allows Life360 users to receive personalized weather notifications, enabling proactive communication and coordination among family members [2][3] - This partnership aligns with Life360's advertising platform, which connects its large user base with relevant brands and services during critical weather events [3][4] Company Overview - Life360 serves approximately 88 million monthly active users globally, offering services such as location sharing and crash detection [6] - The company is based in the San Francisco Bay Area and operates in over 180 countries [6] - AccuWeather is recognized as the most accurate source of weather forecasts, with its alerts relied upon by billions worldwide [5][7] Strategic Importance - The partnership aims to deliver dual value by enhancing family safety while providing targeted advertising opportunities during severe weather [4][5] - AccuWeather's forecasts are available in 71 countries and in over 200 languages, making it a suitable partner for Life360 [5] - The collaboration is expected to empower families with timely and relevant weather intelligence, potentially saving lives and property [5][7]
Progress Software Unveils Breakthrough SaaS RAG Platform Designed to Make Trustworthy and Verifiable Generative AI Accessible Across Organizations of all Sizes
Globenewswire· 2025-09-10 13:00
Progress Software Unveils Breakthrough SaaS RAG Platform Following its acquisition of Nuclia, Progress introduces the easiest-to-use, RAG-as-a-Service platform—empowering companies to transform unstructured data into actionable intelligence using trustworthy GenAI Following its acquisition of Nuclia, Progress introduces the easiest-to-use, RAG-as-a-Service platform—empowering companies to transform unstructured data into actionable intelligence using trustworthy GenAI BURLINGTON, Mass., Sept. 10, 2025 ...
Operation Homefront Selects Two Military Families to Receive Mortgage-Free Meritage Homes in Colorado and North Carolina
Globenewswire· 2025-09-10 13:00
Families will be welcomed to their homes during key handover ceremonies in NovemberSCOTTSDALE, Ariz., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Our service members, along with their families, dedicate their lives to protecting the freedoms we enjoy daily. When their time in uniform ends, the transition to civilian life is not always easy, and purchasing a home in a safe and suitable area can be challenging. Today, in recognition of their service, Meritage Homes and Operation Homefront are pleased to announce the r ...