Gilat Announces Private Placement of US$66 Million to Institutional and Accredited Investors
Globenewswire· 2025-09-09 10:10
Core Viewpoint - Gilat Satellite Networks Ltd. has announced a private placement of Ordinary Shares to Israeli institutional and accredited investors, aiming to raise approximately $65 million for general corporate purposes [1][3]. Group 1: Private Placement Details - The company plans to issue 7,058,820 Ordinary Shares at a price of $9.35 per share, reflecting a 6.3% discount to the 7-day Volume Weighted Average Price [2]. - The newly issued shares will account for about 11% of the company's total issued and outstanding Ordinary Shares post-transaction [2]. - The transaction is expected to close in September 2025, subject to customary closing conditions [2]. Group 2: Financial Implications - The net proceeds from the share sale, after deducting offering expenses, are anticipated to be around $65 million [3]. - The funds will be utilized for general corporate purposes, indicating a focus on strengthening the company's operational capabilities [3]. Group 3: Regulatory and Market Context - The private placement is exclusively for investors in Israel and will not be offered to U.S. persons, adhering to Regulation S under the U.S. Securities Act [4]. - The shares will not be registered under the Securities Act and will be subject to transfer restrictions [4]. Group 4: Company Overview - Gilat Satellite Networks Ltd. is a leading provider of satellite-based broadband communications with over 35 years of experience [7]. - The company offers a range of solutions for satellite, ground, and new space connectivity, catering to both commercial and defense applications [7][8]. - Its product portfolio includes high-performance satellite terminals, advanced antennas, and integrated ground systems, supporting various applications such as government, defense, and critical infrastructure [9][10].
Ambow Education Launches HybriU® 3D Mobile Station, Redefining 3D Production and Broadcasting with Seamless Portability
Globenewswire· 2025-09-09 10:00
Cupertino, Calif., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Ambow Education Holding Ltd. (“Ambow” or the “Company”) (NYSE American: AMBO), an innovator of AI-powered phygital (physical + digital) solutions for education, corporate collaboration and live events, today announced that it has launched HybriU® 3D Mobile Station, a breakthrough self-contained cart that brings cinematic-grade, interactive 3D production out of the studio and into everyday environments. Built upon HybriU’s proprietary end-to-end 3D techno ...
Sono Group N.V. Announces CEO Transition; Supervisory Board Nominates Kevin McGurn as Chief Executive Officer
Globenewswire· 2025-09-09 10:00
After steering Sono from automotive roots to solar tech and the uplisting to the Nasdaq Capital Market, George O’Leary passes the baton; Kevin McGurn nominated to accelerate commercialization and partnershipsMunich, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Sono Group N.V. (Nasdaq: SSM) (hereafter referred to as “Sono” or the “Company”, parent company to Sono Motors GmbH, hereafter referred to as “SonoSolar” or “Subsidiary”), the solar technology company after its uplisting to Nasdaq, today announced that George G ...
Constellium Extends Partnership with Embraer for Advanced Aluminum Aerospace Solutions
Globenewswire· 2025-09-09 10:00
PARIS, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) is pleased to announce the extension of its long-term partnership with Embraer for the supply of high-performance aluminum solutions, including its advanced aluminum-lithium alloy, Airware®. Under this agreement, Constellium will continue to support Embraer’s Commercial Aviation, Executive Jets, and Defense & Security divisions. “We are proud and honored to extend our long-term partnership with Embraer in the aerospace and defense sectors ...
Prosafe SE: New registered share capital following exercise of Warrants
Globenewswire· 2025-09-09 09:59
9 September 2025 - Reference is made to the stock exchange announcement made by Prosafe SE ("Prosafe" or the "Company") on 18 July 2025 regarding the publication of a prospectus approved by the Norwegian Financial Supervisory Authority for the offering of up to 17,868,651 warrants (the "Warrants") (the "Warrants Offering"). Reference is further made to the stock exchange announcement made by Prosafe on 26 August 2025 regarding the final results of the exercise period for Warrants issued in the Warrants Off ...
Form 8.5 (EPT/RI)- Apax Global Alpha Limited
Globenewswire· 2025-09-09 09:55
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Name of exempt principal trader:Investec Bank plc(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offereeApax Global Alpha Limited(c) Name of the party to the offer with which exempt principal trader is connected:Investec ...
The BANK of Greenland is exploring the possibility to issue Senior Non-Preferred capital
Globenewswire· 2025-09-09 09:40
As part of the ongoing effort to optimize its capital structure, the BANK of Greenland has decided to explore the possibility of issuing Senior Non-Preferred capital (Tier 3). If there is satisfactory market interest, the issue is expected to be completed before the end of September 2025. Nykredit Bank A/S has been mandated as sole lead arranger. Please direct any questions to Managing Director Martin Kviesgaard. Best regardsThe BANK of Greenland Martin KviesgaardManaging Director Contact: +299 34 78 02 / m ...
Flying Tigers' relatives, scholars honor group's legacy at exhibition in south China
Globenewswire· 2025-09-09 09:39
NANNING, China, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Relatives of the Flying Tigers and researchers focused on the group gathered on Sunday, Sept. 7 at an exhibition, which is hosted at the Liuzhou Military Museum and preserve the history of the U.S. volunteer pilots who fought alongside Chinese forces during World War II in south China's Guangxi Zhuang Autonomous Region. Clifford Ray Long Junior, the son of veteran Flying Tiger pilot Clifford Ray Long, told Xinhua that three generations of his family have le ...
Crédit Agricole S.A. Announces Results of its Tender Offer for GBP Perpetual Notes
Globenewswire· 2025-09-09 09:35
THIS ANNOUNCEMENT IS FOR INFORMATION ONLY AND IS NOT AN OFFER TO PURCHASE OR A SOLICITATION OF OFFERS TO SELL ANY SECURITIES. Montrouge 9 September 2025 Crédit Agricole S.A. Announces Results of its Tender Offer for GBP Perpetual Notes ____________________ Crédit Agricole S.A. (the “Company”) today announced the results of its offer launched on 2 September 2025 to purchase for cash any and all of its outstanding GBP 7.500% Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes (the “GBP ...
GEN Korean BBQ Opens 5th and 6th Locations in South Korea
Globenewswire· 2025-09-09 09:30
Milestone Marks GEN’s Commitment Entry and Growth into South Korea, for our 56th Location Signaling Strong Growth and Continued Expansion MomentumCERRITOS, Calif., Sept. 09, 2025 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table” experience, today announced the grand opening of two international locations in South Korea. “We are proud to announce the l ...