ThermoSafe Sale Completes Company’s Transformation into a Global Metal and Fiber Packaging Leader Net Proceeds to be Used to Reduce Debt HARTSVILLE, S.C., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced it has signed a definitive agreement to sell its ThermoSafe business unit (“ThermoSafe”), which is one of the leading providers of temperature-assured packaging, to Arsenal Capital Partner ...

TORONTO, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Fountain Asset Corp. (TSXV:FA) (“Fountain” or the “Company”) is pleased to report the results of its Annual General and Special Meeting (the “Meeting”) of shareholders held on Thursday, September 4, 2025. All proposed resolutions, as set forth in the notice of meeting and management information circular of the Company dated July 28, 2025 (the “Information Circular”), were approved by shareholders. At the Meeting, the shareholders re-elected Paul Kelly (chairman), ...

Core Viewpoint - Coda Octopus Group, Inc. has launched its new ultra-small Echoscope PIPE NANO GEN Series of real-time 3D, 4D, 5D, and 6D imaging sonars, designed for smaller underwater vehicles and diving platforms, enhancing capabilities in subsea intelligence and diving technology [1][2][3]. Product Development - The NANO GEN Series sonars are compact, slightly larger than a smartphone, making them suitable for deployment on smaller underwater vehicles and diving platforms [2]. - These sonars maintain the high-quality imaging capabilities of the existing Echoscope PIPE sonars while introducing new features for obstacle avoidance and spatial awareness [3][4]. - The development of the NANO GEN Series involved a significant investment in a new custom technology chipset, allowing for the miniaturization of advanced imaging technology [3][4]. Market Demand and Applications - There is an increasing demand for smaller underwater vehicles that require advanced imaging capabilities, which the NANO GEN Series addresses by consolidating multiple sensors into a single, power-efficient unit [4]. - Successful trials have been conducted with key Defense customers, indicating strong interest in integrating this technology into their programs [5][6]. - The NANO GEN Series is also applicable for diving platforms, diver wearable solutions, and various underwater robotics [5][6]. Company Background - Coda Octopus Group, founded in 1994, is a supplier to the underwater/subsea market, providing hardware and software solutions, including proprietary real-time imaging sonars and diving technology [7]. - The company's Echoscope technology is utilized globally for various applications, including underwater mapping, subsea intervention, and search and rescue operations [7]. Recent Acquisitions - The company recently acquired Precision Acoustics Limited, a leader in ultrasound and acoustic measurement, enhancing its capabilities in medical imaging and Non-Destructive Testing (NDT) [9]. - Coda Octopus also operates two Defense engineering businesses, providing sub-assemblies for mission-critical programs, which allows for repeat orders throughout the life of these programs [10].

MONTRÉAL, Sept. 08, 2025 (GLOBE NEWSWIRE) -- GURU Organic Energy Corp. (TSX: GURU) (“GURU” or the “Company”), Canada’s leading organic energy drink brand1, last week unveiled Island Breeze Punch — a refreshing tropical twist on its flavour-forward Punch lineup that keeps the summer vibe alive well into fall. Rolling out just in time for the back-to-school season, Island Breeze will be available across Quebec at major retailers, as well as online at GURUenergy.com, Amazon.ca and Amazon.com. Packed with trop ...

Core Insights - GXO Logistics, Inc. has announced that Carmen Gil and Joanne Mawditt have received the 2025 Women in Supply Chain award, recognizing their contributions to the logistics industry [1][2] Company Achievements - Carmen Gil, director of GXO Iberia's ecommerce business unit, is honored as a Trailblazer for her role in enhancing female leadership in logistics and for leading the development of the Marchamalo Campus, the largest logistics operation in Spain [2] - Joanne Mawditt, senior manager of operational training for the UK and Europe, is recognized as a Workforce Innovator for her initiatives in workforce development, including the creation of GXO's Driver Academy, which has improved driver training and retention [3] Company Overview - GXO Logistics is the world's largest pure-play contract logistics provider, with over 150,000 team members across more than 1,000 facilities, totaling over 200 million square feet [4] - The company focuses on addressing complex logistics challenges for leading blue-chip companies through advanced supply chain and ecommerce solutions [4]

Core Viewpoint - Wix.com Ltd. plans to offer $750 million in 0.00% Convertible Senior Notes due 2030, with an option for initial purchasers to buy an additional $112.5 million, subject to market conditions [1] Group 1: Offering Details - The Notes will be senior, unsecured obligations of Wix and will not bear regular interest, maturing on September 15, 2030 [2] - The initial conversion price and other terms will be determined at the time of pricing [2] - The Notes will be convertible into cash, ordinary shares, or a combination thereof, with the form of consideration determined at Wix's election [2] Group 2: Redemption and Repurchase - Wix may redeem the Notes under specific conditions, including tax-related events and if the share price exceeds 130% of the conversion price for a specified period [3] - In the event of a "fundamental change," noteholders may require Wix to repurchase their Notes for cash at the principal amount plus any accrued interest [4] Group 3: Capped Call Transactions - Wix plans to enter into capped call transactions to cover the number of ordinary shares underlying the Notes, which will help reduce potential dilution upon conversion [5] - The Option Counterparties may engage in derivative transactions that could affect the market price of Wix's ordinary shares and the Notes [6][7] Group 4: Use of Proceeds - A portion of the net proceeds from the Offering will be used for capped call transactions and a concurrent repurchase of ordinary shares, estimated between $50 million and $75 million [8] - Remaining proceeds will be allocated for general corporate purposes, including further share repurchases and potential acquisitions, although no specific agreements are in place currently [8] Group 5: Regulatory and Market Considerations - The Notes will be offered only to qualified institutional buyers under Rule 144A, and the offer has not been registered under the Securities Act [9] - The press release does not constitute an offer to sell or solicit offers to buy the Notes in jurisdictions where such actions would be unlawful [10]

Claseprubart 300mg and 600mg Q2W doses both achieved statistically significant and clinically meaningful improvements in Myasthenia Gravis Activities of Daily Living (MG-ADL) and Quantitative Myasthenia Gravis (QMG) scores at Week 13 Claseprubart demonstrated a rapid and sustained onset of action, with both doses achieving statistically significant improvements in MG-ADL and QMG scores at Week 1 Claseprubart 300mg Q2W dose was also statistically significant and clinically meaningful across other key efficac ...

KING OF PRUSSIA, Pa., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a global provider of tax technology solutions, today announced that David DeStefano, Chief Executive Officer, and John Schwab, Chief Financial Officer, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference. The fireside chat is scheduled for Thursday, September 11, 2025 at 9:30 AM Pacific Time. A live webcast and replay of the presentation will be available on Vertex’s investor relati ...

Core Viewpoint - HPQ Silicon Inc. and Novacium SAS are advancing the production of third-generation engineered silicon-based anode materials, with plans to scale production significantly to meet the growing demand for high-performance lithium-ion batteries [1][5]. Group 1: Production Capacity and Plans - Novacium's facility in Lyon, France, is set to produce approximately 2 tonnes per year of GEN3 anode material, supporting the manufacturing of up to 1.5 million lithium-ion battery cells annually [2]. - Plans are in place to expand production capacity to 50 tonnes per year, which would enable the manufacture of approximately 40 million battery cells annually [5]. - The company is in discussions with financing partners to support the development of a dedicated pilot plant for GEN3 anode material production [7][8]. Group 2: Market Positioning and Strategy - The GEN3 technology demonstrates commercial readiness, allowing for the production of over a million high-performance battery cells per year [3]. - By leveraging existing large-scale battery production facilities, the company aims to bring advanced cells to market quickly and at competitive costs [3]. - Current market prices for comparable 18650 cells range from US$4.50 to US$8.00, positioning HPQ and Novacium to capture significant value in a growing market [4]. Group 3: Future Outlook - Scaling production to 50 tonnes per year is seen as a critical step towards industrial relevance and meeting the fast-growing demand for high-performance cylindrical lithium-ion batteries [9]. - Successful financing and construction of the dedicated plant will enable the transition to commercial-scale production and long-term revenue generation [8][9].

ATLANTA, Sept. 08, 2025 (GLOBE NEWSWIRE) -- InvestigateTV+, Gray Media’s national investigative program, is set to premiere its third season on Monday, September 8th, bringing viewers a fresh slate of episodes uncovering critical issues and providing tangible solutions. InvestigateTV+ airs weekdays in all 113 Gray markets and has expanded its reach into numerous non-Gray markets, cleared in more than 70% of the U.S. daily. Season 3 will immediately delve into the ongoing struggles of Vietnam veterans dec ...