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U.S. commercial insurance rates ease to 3.8% increase
Globenewswire· 2025-09-10 12:00
Commercial Lines Insurance Pricing Survey: Q2 2025NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- U.S. commercial insurance rates increased 3.8% in the second quarter of 2025, continuing the downward trajectory from the prior two quarters (5.3% in Q1 2025 and 5.6% in Q4 2024), according to the latest findings from WTW's Commercial Lines Insurance Pricing Survey (CLIPS). The survey compares premiums for policies underwritten during the second quarter of 2025 to those for the same coverage lines in the respectiv ...
Rezolve Ai Highlights Significant Valuation Discount vs. Leading AI Peers
Globenewswire· 2025-09-10 12:00
Anthropic and Sierra valuations imply up to a multi-billion dollar range compared to Rezolve’s current $1.37B market capNEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a leader in proprietary AI-powered commerce solutions and the strategic partner of Microsoft and Google, today highlighted the valuation discount at which it currently trades compared to other high-growth companies in the AI sector. Anthropic recently raised capital at an approximate $183 billion valuation1 and is repo ...
Horizon Aircraft Provides Technical Progress Update
Globenewswire· 2025-09-10 12:00
Company is now building a full-scale aircraft targeted for initial testing in 18 monthsTORONTO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (Nasdaq: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), an advanced aerospace engineering company and developer of one of the world’s first hybrid electric Vertical Take-Off and Landing (eVTOL) aircraft, provides a comprehensive technical progress update. Throughout the first half of 2025, the technical team has hit several important ...
Great Lakes Dredge & Dock to Present at Sidoti Small Cap Virtual Conference on Thursday September 18, 2025
Globenewswire· 2025-09-10 12:00
HOUSTON, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today that its Senior Vice President and Chief Financial Officer, Scott Kornblau, will be presenting and hosting one-on-one meetings with investors at the Sidoti Small Cap Virtual Conference on Thursday September 18, 2025. The presentation will begin at 12:15 PM ET on Thursday September 18, 2025, and can b ...
Potbelly Corporation to be Acquired by RaceTrac in Approximately $566 Million Transaction
Globenewswire· 2025-09-10 12:00
High-Growth Neighborhood Sandwich Shop Concept to be Acquired by Leading Convenience Retailer for $17.12 per shareCHICAGO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop concept, announced today that Potbelly and RaceTrac, Inc. (“RaceTrac”), one of the largest privately held companies in the United States and a leading convenience retailer, have entered into a definitive merger agreement pursuant to which RaceTrac w ...
NRC Completes Safety Evaluation and Approves Terrestrial Energy IMSR Principal Design Criteria Including its Mechanism for Inherent Reactor Power Control
Globenewswire· 2025-09-10 12:00
Core Insights - Terrestrial Energy has achieved a significant milestone with the U.S. Nuclear Regulatory Commission (NRC) issuing its first Safety Evaluation on the Principal Design Criteria (PDC) for the Integral Molten Salt Reactor (IMSR), marking a pivotal step in the commercialization of molten salt reactor technology [1][6] - The NRC's ruling confirms the IMSR's unique safety mechanisms, particularly its use of temperature as an inherent control mechanism for reactor power, enhancing the safety and efficiency of the licensing process [1][2][5] Company Overview - Terrestrial Energy is focused on developing Generation IV nuclear power plants utilizing its proprietary IMSR technology, which aims to provide a cost-effective, versatile, and reliable source of zero-carbon energy [7][8] - The IMSR is designed to be small and modular, suitable for distributed energy supply across various industrial applications, thereby extending the use of nuclear energy beyond traditional electric power markets [8] Regulatory Progress - The NRC's Safety Evaluation serves as a foundational approval for future operating license applications, establishing a design framework that supports the commercialization of the IMSR [6] - In April 2023, the Canadian Nuclear Safety Commission (CNSC) completed a Vendor Design Review (VDR) of the IMSR, concluding that there are no fundamental barriers to licensing the plant for commercial use, further bolstering confidence in the technology [6] Market Potential - The IMSR technology is positioned to contribute significantly to global decarbonization efforts, providing low-cost, dispatchable energy that can support various industrial processes [8] - The successful regulatory approvals and the innovative design of the IMSR highlight its compelling commercial potential in the evolving energy landscape [5][8]
Sonoro GOLD Announces closing of oversubscribed Private Placement
Globenewswire· 2025-09-10 12:00
VANCOUVER, Canada, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to announce that it has closed its previously announced oversubscribed, non-brokered private placement of 13,350,000 units (the “Units”) at $0.15 per unit, for gross proceeds of CAD $2,002,500. Each Unit consists of one Sonoro common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one additional Sonoro common s ...
Purple Biotech Receives Intention to Grant a European Patent Covering NT219 Combinations with Immunotherapies or MEK Inhibitors to Overcome Tumor Resistance
Globenewswire· 2025-09-10 12:00
A Phase 2 study for NT219 in combination with immunotherapy is being conducted in collaboration with the University of Colorado REHOVOT, Israel, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Purple Biotech Ltd. (“Purple Biotech” or “the Company”) (NASDAQ/TASE: PPBT), a clinical-stage company developing first-in-class therapies that seek to overcome tumor immune evasion and drug resistance, today announced that the Examining Division of the European Patent Office has issued an intention to grant a European Patent for A ...
Siebert Financial Launches Digital Assets Research, Hiring Brian P. Vieten as Research Analyst
Globenewswire· 2025-09-10 12:00
Core Insights - Siebert Financial Corp. has launched Digital Assets Research within its Capital Markets division, appointing Brian P. Vieten as Research Analyst to provide institutional-grade research on cryptocurrency and blockchain-related sectors [1][2]. Group 1: Company Developments - The new Digital Assets Research group aims to publish research on cryptocurrency, blockchain infrastructure, Web3 applications, and public companies with significant exposure to digital assets, enhancing Siebert's research capabilities [1][4]. - Brian P. Vieten, with nearly a decade of equity research experience and eight years in the crypto space, previously worked at Needham & Company focusing on Crypto Assets and Blockchain [2][4]. - The initiative is part of Siebert's broader strategy to expand its institutional services and support clients in navigating the evolving digital asset landscape [4][6]. Group 2: Market Trends - There is a growing client demand for rigorous digital asset research, indicating a shift in market focus towards cryptocurrency and blockchain technologies [2][3]. - The integration of tokenization and decentralized finance (DeFi) is blurring the lines between traditional finance (TradFi) and the digital ecosystem, highlighting the need for informed research [3][4]. - Digital assets are increasingly recognized as a significant factor reshaping market structures and investor behaviors, moving beyond being a niche topic [4].
Picard Announces Appointment of Two New Members to its Board of Directors
Globenewswire· 2025-09-10 12:00
Appointments strengthen Picard’s Board with proven expertise in capital markets and global MedTech leadershipTUCSON, Ariz., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Picard Medical, Inc. (NYSE American: PMI) (“Picard” or the “Company”), parent company of SynCardia Systems LLC, maker of the world’s first U.S. and Canadian commercially-approved total artificial heart, today announced the appointment of two new members that will serve on its Board of Directors, Sam Van and George Ye. Both were appointed following the ...