Enerflex Ltd. Announces Redemption of 9.00% Senior Notes Due 2027
Globenewswire· 2025-12-11 14:43
CALGARY, Alberta, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today announced that it has completed the previously announced redemption of all of its 9.00% Senior Secured Notes due 2027 (the “Redemption”). The Redemption was facilitated using proceeds raised by Enerflex Inc., a direct, wholly owned subsidiary of Enerflex, under its previously announced private offering of $400 million in aggregate principal amount of 6.875% senior notes due 2031 (the ...
JM Group Limited Announces Closing of Its $15 Million Initial Public Offering
Globenewswire· 2025-12-11 14:42
Company Overview - JM Group Limited is a Hong Kong-based sourcing and wholesale solutions provider for a diverse range of consumer products, including sporting goods, toys, electronics, and personal care items [7] Initial Public Offering (IPO) Details - The company closed its initial public offering of 3,750,000 ordinary shares at a price of $4 per share, resulting in total gross proceeds of $15,000,000 before expenses [1] - Underwriters have an option to purchase an additional 562,500 ordinary shares within 45 days to cover over-allotments [2] - The offering was conducted on a firm commitment basis, with Webull Financial LLC as the lead manager and Prime Number Capital, LLC as the co-manager [2] Trading Information - The ordinary shares began trading on the New York Stock Exchange on December 10, 2025, under the ticker symbol "JMG" [3] Regulatory Compliance - A registration statement on Form F-1 related to the offering was declared effective by the U.S. Securities and Exchange Commission on December 9, 2025 [4]
Freight Technologies Announces Third Quarter 2025 Results
Globenewswire· 2025-12-11 14:36
Core Insights - Freight Technologies, Inc. is advancing its transition towards a software- and AI-driven logistics model, enhancing automation and real-time intelligence across its solutions [2][5] - The company has improved its operating performance despite challenges such as elevated tariffs and cross-border uncertainties, focusing on product innovation and execution [2][5] - For the full year 2025, the company expects revenue between $12 million and $14 million, with an operating loss projected between $5.5 million and $6.5 million [5] Business Highlights - The AI Lab developed autonomous voice-agent capabilities for the Zayren platform, improving automation and accuracy [2] - Fleet Rocket's adoption is expanding, with more customers integrating the platform into their operations [2] - The company has established new tracking integrations to enhance real-time geolocation data for shippers and carriers across North America [7] Financial Highlights - In Q3 2025, the operating loss improved year-over-year by $0.4 million, from $1.7 million in Q3 2024 to $1.3 million in Q3 2025, driven by a higher-margin brokerage business and lower operating expenses [7] - Year-to-date operating loss improved by $1.2 million from $5.5 million in YTD 2024 to $4.3 million in YTD 2025 [7] - Revenue for Q3 2025 was $2.46 million, compared to $1.89 million in Q3 2024, while total costs and expenses increased from $3.59 million in Q3 2024 to $3.79 million in Q3 2025 [12] Cash Flow and Balance Sheet - As of September 30, 2025, the company reported cash and cash equivalents of $291,940, an increase from $204,032 at the end of 2024 [15] - Total assets increased to $12.20 million from $5.69 million at the end of 2024, reflecting improved working capital and capital structure management [15][16] - The company has strengthened its equity position and increased cash balances while lowering interest expenses [7]
Northfield Closes $15 Million Brokered Financing
Globenewswire· 2025-12-11 14:30
Not for distribution to U.S. Newswire Services or for release, publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States TORONTO, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Northfield Capital Corporation (TSX-V: NFD.A) (the “Company” or “Northfield”) is pleased to announce the closing of its previously announced, upsized brokered financing (the “Offering”) of 2,727,272 units of the Company (the “Units”) at a price of $5.50 per Unit for aggregate gross proce ...
SemiCab Awarded $6 Million Contract Expansion, Accelerating Projected ARR to Over $13 Million
Globenewswire· 2025-12-11 14:30
Largest Contract Expansion in Company’s History, 10X Increase Over Initial Pilot Program Fort Lauderdale, FL, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – a leading AI technology company, announced today that SemiCab has secured a major expansion of its Master Services Agreement with one of India’s largest paint manufacturers and retailers. The customer, one of the 10 largest global shippers in the paints industry with over $4 billion in annual sales, operates ...
21shares Broadens US Spot Crypto Lineup with the Launch of XRP ETF (TOXR)
Globenewswire· 2025-12-11 14:30
NEW YORK, Dec. 11, 2025 (GLOBE NEWSWIRE) -- 21shares, one of the world’s largest issuers of cryptocurrency exchange traded products (ETPs), today announced the launch of the 21Shares XRP ETF (TOXR) on CBOE. The launch of TOXR provides investors the ability to gain exposure to XRP through their existing bank or brokage, enabling them to participate in one of the leading blockchains in cross-border transactions and the potential future of global payments. With a total expense ratio (TER) of 0.30%, TOXR tracks ...
Correction: Changes in Nokia Corporation's own shares
Globenewswire· 2025-12-11 14:30
Nokia CorporationStock Exchange Release11 December 2025 at 16:30 EETCorrection: Changes in Nokia Corporation's own shares Espoo, Finland – the stock exchange release of Nokia Corporation titled “Changes in Nokia Corporation’s Own Shares” published on 9 December 2025 incorrectly stated that the number of own shares held by Nokia Corporation following the transfer was 149 246 864. The correct number is 148 246 864. The corrected stock exchange release in its entirety can be found below. Espoo, Finland – A to ...
Mingzhu Logistics Receives Nasdaq Delisting Notice,Plans Further Appeal
Globenewswire· 2025-12-11 14:28
Core Points - Mingzhu Logistics Holdings Limited announced that its securities will be delisted from the Nasdaq Capital Market, with trading suspended on December 12, 2025 [1][4] - The delisting is due to non-compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum closing bid price of $1 per share for 30 consecutive business days [2] - The company was not eligible for the typical 180-calendar day cure period due to a Discretionary Panel Monitor imposed on May 20, 2025 [3] - The company intends to file an appeal with the Nasdaq Listing and Hearing Review Council within 15 days, although this will not prevent the scheduled suspension of trading [4] - Following the Nasdaq suspension, trading liquidity may become extremely limited, and the company expects its securities to be quoted in the Over-the-Counter (OTC) market [5] Company Overview - Mingzhu Logistics Holdings Limited, established in 2002 and headquartered in Shenzhen, China, is a 4A-rated professional trucking service provider [6] - The company offers tailored logistics solutions through a combination of self-owned fleets and subcontractors' fleets, focusing on regional logistics in Guangdong Province [6]
Diginex Appoints Lorenzo Romano as Deputy Chairman Amid Booming Sustainability RegTech Market Opportunity
Globenewswire· 2025-12-11 14:25
Core Insights - Diginex Limited has appointed Lorenzo Romano as Deputy Chairman to enhance governance and capitalize on the growing sustainability RegTech market, projected to expand from approximately $20 billion in 2025 to over $80 billion by 2032 due to increasing ESG regulations and demand for compliance technologies [1][3]. Company Developments - Mr. Romano, who previously served as Head of M&A and Strategic Development, has played a crucial role in advancing Diginex's acquisition strategy and integrating Matter DK ApS, contributing to initiatives like the recent acquisition MOUs with Matter and Plan A [2][5]. - His extensive experience in private banking and corporate development, including senior roles at EFG Bank and Syz Bank, positions him to guide Diginex through transformative growth phases in the sustainability RegTech sector [4][5]. Strategic Focus - In his new role, Mr. Romano will enhance corporate governance, strategic planning, and continue to drive the M&A agenda, ensuring alignment between long-term objectives and operational execution [5][6]. - Diginex aims to lead in the sustainability RegTech sector by providing innovative tools for navigating stringent global regulations, leveraging platforms like diginexESG and diginexLUMEN for ESG compliance and supply chain monitoring [6][7]. Market Context - The increasing global demand for robust sustainability solutions is driven by regulatory frameworks such as the EU's Corporate Sustainability Reporting Directive (CSRD), prompting companies to seek specialized RegTech platforms for efficient management of reporting and compliance [3][6].
The Honest Company to Participate in Northland Growth Conference 2025 – December 16, 2025
Globenewswire· 2025-12-11 14:25
Core Insights - The Honest Company is participating in the Northland Growth Conference 2025, with key executives attending to engage with investors [1] Company Overview - The Honest Company, listed on NASDAQ as HNST, focuses on creating cleanly-formulated and sustainably-designed personal care products across various categories including diapers, wipes, baby personal care, beauty, apparel, household care, and wellness [2] - Founded in 2012, the company aims to challenge traditional ingredients and industry standards through its Honest brand and mission [2]