Workflow
VCI Global Concludes ELOC to Simplify Capital Structure and Prepare for Multi-Subsidiary Listings
Globenewswire· 2025-12-12 13:30
Enhance Capital Structure Supports Digital Asset Treasury Expansion and Institutional-Grade Growth StrategyKUALA LUMPUR, Malaysia, Dec. 12, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced the conclusion of its Equity Line of Credit (ELOC) facility. This strategic move streamlines the Company's capital structure and positions the Company to concentrate on its highest-priority growth areas, including its Digital Asset Treasury (DaT) initiatives and it ...
NewGen to Exercise Option to Convert Ras Al Khaimah Joint Venture into Joint Development, Projected to Boost Profits from US$67 Million to US$123 Million
Globenewswire· 2025-12-12 13:30
Strategic Move to Unlock Further Value and Accelerate Project Momentum with Planned Fundraising and Upcoming Presale LaunchBANGKOK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- NewGenIVF Group Limited (“NewGen” or the “Company,” NASDAQ: NIVF), a technology-driven company building a diversified ecosystem across fertility technology, digital assets, and real estate development, today announced its intention to exercise an option under its joint venture agreement (“JVA”) with BNW Real Estate Development LLC (“BNW”) to co ...
Norwood Financial Corp Announces Receipt of Regulatory Approvals for Acquisition of PB Bankshares, Inc.
Globenewswire· 2025-12-12 13:15
HONESDALE, Pa., Dec. 12, 2025 (GLOBE NEWSWIRE) -- Norwood Financial Corp (NASDAQ Global Market: NWFL), the holding company for Wayne Bank, announced that it has received final regulatory approvals for its proposed acquisition of PB Bankshares, Inc. (“PB Bankshares”) and its wholly owned subsidiary, Presence Bank. [PB Bankshares previously announced on December 11, 2025, that its shareholders approved its proposed merger with Norwood Financial Corp.] Subject to the satisfaction of customary closing condition ...
BitFuFu Named to World Future Awards’ TOP 100 Next Generation Companies for 2025
Globenewswire· 2025-12-12 13:15
SINGAPORE, Dec. 12, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (Nasdaq: FUFU), a world-leading Bitcoin miner and mining services innovator, has been named one of the World Future Awards’ TOP 100 Next Generation Companies of 2025, a global honor recognizing organizations shaping the future through excellence, innovation, and positive impact. In an official congratulatory letter issued by the World Future Awards Organizing Committee, the panel commended BitFuFu for its “dedication to ...
Sintana Energy Inc. Announces Court Sanction of Scheme of Arrangement and Issue of Shares
Globenewswire· 2025-12-12 13:06
Core Viewpoint - Sintana Energy Inc. has received approval for the acquisition of Challenger, which will be executed through a Court-sanctioned scheme of arrangement under Isle of Man law, with the effective date expected on December 16, 2025 [1][2][4]. Group 1: Acquisition Details - The acquisition involves Sintana acquiring the entire issued and to be issued ordinary share capital of Challenger, with the Scheme sanctioned by the Court [1][3]. - The Scheme Record Time is set for 6:00 p.m. on December 15, 2025, and shareholders on the register at that time will receive New Sintana Shares upon the Scheme becoming effective [2][4]. - The expected timetable for the acquisition remains unchanged from the announcement made on December 9, 2025 [3]. Group 2: Trading and Share Issuance - Trading in Challenger Shares on AIM will be suspended from 7:30 a.m. on December 16, 2025, with the last day for dealings being December 15, 2025 [4][5]. - Admission to trading of New Sintana Shares on the TSXV is expected to commence shortly after 8:00 a.m. on December 23, 2025 [5][6]. - Sintana will also apply for admission of the Sintana Shares to trading on AIM, expected to commence around December 23, 2025 [6]. Group 3: Shareholder Proposals - Participants in the Challenger Share Plan and holders of Challenger Warrants have opted to cancel their options or warrants in exchange for the issuance of 20,043,463 New Challenger Shares, which will be exchanged for New Sintana Shares [7][8]. - Following the admission of the New Challenger Shares, Challenger will have a total of 269,356,123 ordinary shares in issue [9].
8.3 - Unite Group plc.
Globenewswire· 2025-12-12 13:04
Key Information - Rathbones Group Plc disclosed a position in The Unite Group Plc, indicating ownership of 595,225 relevant securities, representing 0.12% of the total [1][3] - The disclosure date for the position held is December 11, 2025 [1] - The disclosure includes interests in both relevant securities and cash-settled derivatives [1][3] Positions - Rathbones Group Plc holds 595,225 ordinary shares of The Unite Group Plc, which accounts for 0.12% of the relevant securities [3] - There are no short positions reported in the relevant securities [3] Dealings - A sale of 180 ordinary shares was executed at a price of 517.6906 pence per unit [7] Other Information - There are no indemnity or other dealing arrangements reported that may influence the decision to deal or refrain from dealing [12] - No agreements or arrangements regarding voting rights or future acquisition or disposal of relevant securities have been disclosed [13]
8.3 - Idox
Globenewswire· 2025-12-12 13:03
Key Information - Rathbones Group Plc disclosed a position in Idox Plc, holding 32,214,726 relevant securities, representing 6.97% of the total [1][3] - The disclosure date for the position held is December 11, 2025 [1] Positions of the Discloser - The interests in the relevant securities of Idox Plc include 32,214,726 shares, which accounts for 6.97% of the total [3] Dealings - Rathbones Group Plc sold a total of 31,960 shares of Idox Plc at prices of 68.8p and 68.8201p per unit [7] - Additionally, there was a transfer out of 7,760 shares, although the price per unit for this transaction was not specified [11] Other Information - There are no indemnity or other dealing arrangements related to the relevant securities [12] - No agreements or arrangements regarding voting rights or future acquisition or disposal of relevant securities were reported [13]
Rent the Runway, Inc. Announces Third Quarter 2025 Results
Globenewswire· 2025-12-12 13:01
Core Insights - Rent the Runway reported a 12.4% year-over-year increase in active subscribers and a 15.4% increase in revenue for Q3 2025, indicating strong business growth [1][12] - The company successfully closed a transformative recapitalization plan, which significantly improved its balance sheet by reducing debt and extending maturity dates [2][5] - A community-driven organic growth strategy has been expanded to enhance brand awareness and customer acquisition [5][12] Financial Performance - Revenue for Q3 2025 was $87.6 million, up from $75.9 million in Q3 2024, marking a 15.4% increase [12] - The number of ending active subscribers reached 148,916, a 12.4% increase from 132,518 in the previous year [12] - Net income for Q3 2025 was $76.5 million, compared to a net loss of $18.9 million in Q3 2024, reflecting a significant turnaround [12][30] Strategic Initiatives - The company made its largest inventory investment in history, nearly doubling the new inventory added to its site, which has driven substantial growth [2][5] - Subscriber retention improved, leading to a nearly 30% reduction in inventory-related churn year-over-year [5] - New community-driven initiatives, such as the RTR Muse and City Ambassador programs, were launched to enhance customer engagement and acquisition [5][12] Operational Metrics - Average active subscribers increased by 12.9% year-over-year, reaching 147,645 [12] - Gross profit for Q3 2025 was $25.9 million, with a gross margin of 29.6%, down from 34.7% in Q3 2024 [12] - Adjusted EBITDA for Q3 2025 was $4.3 million, down from $9.3 million in the same quarter last year, with an adjusted EBITDA margin of 4.9% [12][36] Future Outlook - For the fiscal fourth quarter of 2025, Rent the Runway expects revenue between $85 million and $87 million and an adjusted EBITDA margin between 11% and 13% [13] - The company anticipates continued double-digit growth in ending active subscribers compared to fiscal year 2024 [13]
Predictive Oncology Becomes Axe Compute, Expanding Into High-Performance AI Infrastructure
Globenewswire· 2025-12-12 13:00
NEW YORK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Axe Compute Inc. (NASDAQ: AGPU) (the “Company” or “Axe Compute”) today announced that it has changed its name to Axe Compute Inc., with its common stock to begin trading on Nasdaq under the ticker symbol AGPU on December 12, 2025. Axe Compute will continue to operate its AI-driven drug discovery business and plans to expand its business into high-performance enterprise AI infrastructure, addressing rising global demand for predictable, scalable compute capacity ac ...
CoreCivic Announces Promotion of Daren Swenson to Executive Vice President And Chief Corrections and Reentry Officer
Globenewswire· 2025-12-12 13:00
BRENTWOOD, Tenn., Dec. 12, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic" or the "Company") announced today that CoreCivic's Board of Directors (the "Board") has appointed Daren Swenson, who currently serves as CoreCivic's Senior Vice President and Chief Corrections Officer, to Executive Vice President and Chief Corrections and Reentry Officer (CCRO), effective January 1, 2026, overseeing the operations for our corrections, detention, and reentry facilities. Damon T. Hininger, CoreCivic's ...