Core Insights - California Water Service (Cal Water) has received approval from the California Public Utilities Commission (CPUC) for its acquisition of Palm Mutual Water Company, aiming to provide long-term safe and reliable water services to its customers [1][3] Company Overview - Cal Water is the largest subsidiary of California Water Service Group, serving over 2.1 million people through approximately 499,400 service connections across California [4] - The company is committed to enhancing the quality of life for its customers and communities by investing in water and wastewater infrastructure and sustainability initiatives [4] Acquisition Details - Palm Mutual currently serves 63 residential customers and is located two miles from Cal Water's Northeast Bakersfield Treatment Plant [2] - Cal Water plans to upgrade Palm Mutual's infrastructure to ensure consistent and high-quality water services [2] - Upon finalization of the acquisition, Palm Mutual customers will be integrated into Cal Water's Bakersfield District, which currently serves about 445,600 people through around 120,000 service connections [3] Future Expectations - The acquisition is expected to close in the first quarter of 2026, subject to customary closing conditions [3]

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]

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 ...

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 ...

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 ...

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. ...

Core Insights - TTEC Holdings, Inc. has been recognized as a Major Contender in the Everest Group Sales Services (B2B & B2C) PEAK Matrix® Assessment 2025, marking a significant milestone for the company as it is the first time its RevGen capabilities have been evaluated in this report [1][4] Company Performance - TTEC's end-to-end sales services portfolio includes outbound demand generation, inside sales, channel enablement, revenue operations, and post-sales growth, earning high marks for its technology-enabled global delivery model [4][5] - The company has strategic partnerships with leading vendors such as Salesforce, Outreach.io, Cresta, ZoomInfo, and Ambition, enhancing its tech-enabled offerings [3][4] - TTEC's RevGen portfolio is noted for driving smarter conversions, stronger pipelines, and lasting growth for clients [5] Industry Context - The PEAK Matrix® categorizes providers into Leaders, Major Contenders, or Aspirants, with Major Contenders demonstrating strong capabilities across B2B and B2C sales [2][5] - The 2025 Sales Services assessment includes 24 B2B and 14 B2C providers, highlighting the rapid evolution of the sales services landscape as companies adopt AI-enabled, insight-driven engagement models [5][8]

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 ...

Results Release and Webinar Discussion on Morning of December 18, 2025MISSISSAUGA, Ontario, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Microbix Biosystems Inc. (TSX: MBX, OTCQX: MBXBF, Microbix®), a life sciences innovator, manufacturer, and exporter, announces that it expects to file the financial statements, management disclosure and analysis, and results news release for its fourth quarter of fiscal 2025 ended September 30, 2025 (“Q4 2025”) prior to the start of trading on December 18, 2025. At 10:00 AM ET that d ...

GLENWOOD SPRINGS, Colo., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank, announced today that its board of directors has approved a stock repurchase program under which Alpine may purchase up to $5 million of its issued and outstanding Class B voting common stock. The repurchase program is expected to begin on or about February 5, 2026, following the conclusion of Alpine’s exchange offer of Class B voting common stoc ...