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Winners Inc. Announces Completion of Acquisition of Moneyline Sports Inc., And Provides Year End Letter To Shareholders
Globenewswire· 2025-12-11 14:18
LAS VEGAS, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Winners, Inc., (OTC: WNRS), a Company that provides predictive sports analytics and data products driven by Gen AI for US sports, including NFL, NBA, MLB, and NCAA to predictive markets Polymarket and Kalshi, today announced the completion of acquisition of Moneyline Sports Inc. and provided the following year end Letter To Shareholders from the new Winners Inc. CEO, Michael Friedman. Dear Shareholders, As we move toward the year end of 2025, I am honored to intr ...
Agencia Comercial Spirits Ltd Announces Additions to Board of Directors
Globenewswire· 2025-12-11 14:18
Taichung City, Taiwan, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Agencia Comercial Spirits Ltd (the “Company” or “Agencia”) (NASDAQ: AGCC), a Taiwan-based specialized importer and distributor of high-quality whiskies in Taiwan and international markets, today announced changes to its board of directors (the “Board”). Agencia announced that it has increased the size of its Board by two (2), bringing the total number of directors to seven (7). The Company also announced the appointment of Li Qiang as an Executive Dir ...
Reliance Global Group Enters Into Letter of Intent to Sell U.S. Benefits Alliance/EBS Business Unit; Expects Closing Within 30 Days
Globenewswire· 2025-12-11 14:15
Core Insights - Reliance Global Group, Inc. has entered into a non-binding letter of intent to sell its subsidiaries, U.S. Benefits Alliance, LLC and Employee Benefits Solutions, LLC, as part of its strategy to monetize non-core assets and strengthen its balance sheet [1][2] - The company plans to use 50% of the net proceeds from the sale to reduce debt, enhancing its financial flexibility and capital structure [2][3] - The remaining proceeds will be allocated to business development initiatives, particularly focusing on expanding the platforms RELI Exchange and 5minuteinsure.com, which aim to innovate the insurance market [2][3] Company Strategy - The sale of the EBS/USBA business unit is a significant step in Reliance's transformation into a technology-first wholesale insurance organization [2] - The company emphasizes a disciplined capital allocation strategy, aiming to sharpen its focus on segments with the greatest long-term opportunities for scale and profitability [2][3] - Reliance Global Group is leveraging AI and cloud-based technologies to improve efficiencies in the insurance agency and brokerage industry [3] Business Platforms - RELI Exchange provides independent insurance agencies with a suite of business development tools to compete effectively against larger national agencies [3] - 5minuteinsure.com utilizes AI and data mining to deliver quick and personalized insurance quotes to consumers, enhancing user experience in purchasing auto, home, and life insurance [3]
Cemtrex, Inc. Announces $2 Million Registered Direct Offering
Globenewswire· 2025-12-11 14:15
Core Viewpoint - Cemtrex, Inc. has entered into a definitive agreement to sell approximately 666,667 shares at a price of $3 per share, expecting gross proceeds of $2 million [1][2]. Group 1: Transaction Details - The transaction is anticipated to close on or about December 11, 2025, pending customary closing conditions [2]. - The net proceeds from the offering will be utilized for general corporate purposes, including working capital and potential acquisitions [2]. Group 2: Regulatory Information - The offering is conducted under an effective shelf registration statement on Form S-3, previously filed with the U.S. Securities and Exchange Commission (SEC) [3]. - A final prospectus supplement and accompanying prospectus will be filed with the SEC, providing detailed terms of the offering [3]. Group 3: Company Overview - Cemtrex, Inc. operates in the Security and Industrial sectors, with its Security segment providing advanced video management software and integrated surveillance solutions [6]. - The Industrial segment offers expert services such as rigging and equipment installation to manufacturers across the nation [6]. - The company emphasizes innovation, execution, and strategic growth to enhance safety, efficiency, and value for customers and shareholders [6].
Cycurion, Inc. (NASDAQ: CYCU) Announces Updated Dividend Distribution Ratio of 0.0180 in Connection with the Previously Announced $500,000 Common Share Dividend to Be Paid on or about December 30th
Globenewswire· 2025-12-11 14:15
MCLEAN, Va., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”) today announced that, as a result of the terms contained in certain securities issued in connection with the previously announced private placement on December 5, 2025 and certain outstanding securities of the Company, it is updating the dividend distribution ratio to 0.0180 CYCU common shares for every existing CYCU common share (on a fully diluted basis) held as of the record date, or December 15, 20 ...
GRI Bio Announces Pricing of $8,000,000 Million Public Offering
Globenewswire· 2025-12-11 14:15
Core Viewpoint - GRI Bio, Inc. has announced a public offering of 10,666,667 shares of common stock and Series F warrants, aiming to raise approximately $8 million for product development and general corporate purposes [1][3]. Company Overview - GRI Bio is a clinical-stage biopharmaceutical company focused on treating inflammatory, fibrotic, and autoimmune diseases through Natural Killer T (NKT) cell modulators [6]. - The company's lead program, GRI-0621, is an inhibitor of iNKT cell activity, targeting idiopathic pulmonary fibrosis, a disease with significant unmet medical needs [6]. - GRI Bio is also developing a pipeline of novel type 2 diverse NKT (dNKT) agonists for systemic lupus erythematosus and has a library of over 500 proprietary compounds to support its pipeline [6]. Offering Details - The public offering is priced at $0.75 per share, with Series F warrants exercisable at the same price, expiring five years after issuance [1]. - The offering is expected to close around December 12, 2025, pending customary closing conditions [1]. - H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering [2]. Financial Implications - The gross proceeds from the offering are anticipated to be approximately $8 million before deducting fees and expenses [3]. - If fully exercised, the Series F warrants could provide an additional $8 million in gross proceeds [3].
Tenable Announces Agreement With GSA OneGov to Further Invest in FedRAMP-Authorized Cloud Security Capabilities
Globenewswire· 2025-12-11 14:10
Core Insights - Tenable has entered into a OneGov agreement with the U.S. General Services Administration (GSA) to provide its FedRAMP-authorized Cloud Security solution to federal agencies, including the Department of Defense, at a discounted rate until March 31, 2027 [1][2] - The partnership aims to support the federal government's cloud-first policy by facilitating secure cloud adoption and enhancing the resilience of mission-critical systems [2][3] - Tenable's cloud security solution is designed to help federal agencies protect sensitive data and modernize their cloud infrastructure, addressing the unique needs of the public sector [3][4] Company Overview - Tenable is recognized as an exposure management company that focuses on identifying and closing cybersecurity gaps that can undermine business value and trust [6] - The company serves approximately 44,000 customers globally, providing a unified security visibility and action platform that spans various environments, including IT infrastructure and cloud [6] GSA Overview - The GSA is responsible for centralized procurement and shared services for the federal government, managing a real estate portfolio of over 360 million rentable square feet and overseeing more than $110 billion in federal contracts [5] - The GSA's mission is to deliver optimal customer experience and value in real estate, acquisition, and technology services to the government and the American public [5]
Minutes of the annual general meeting on 11 December 2025
Globenewswire· 2025-12-11 14:10
At today’s annual general meeting, the following resolutions were approved in accordance with the agenda. The general meeting took note of the Board of Director’s report and approved the company’s audited annual report for the financial year 2024/25. The general meeting approved the remuneration report for 2024/25. Furthermore, the general meeting resolved to pay dividend of DKK 5 per DKK 20 share for 2024/25. The general meeting approved the remuneration to the Board of Directors for the current financial ...
Compact Body Styles, Hybrids, and Value-Driven Used Models Powered 2025 Automotive Demand, According to CarGurus
Globenewswire· 2025-12-11 14:00
A heightened focus on affordability—driven by rising ownership costs, tariff concerns, and a late-model used supply crunch—defined the market in 2025, setting the stage for 2026 BOSTON, Dec. 11, 2025 (GLOBE NEWSWIRE) -- CarGurus, the No. 1 most visited automotive shopping site in the U.S.1, today released its 2025 Recap and 2026 Outlook, highlighting the year’s top influences on the automotive market and expectations heading into the new year. “If 2024 was defined by declining affordability, 2025 was the ye ...
Norwegian Cruise Line Holdings Appoints Marc Kazlauskas as President of Norwegian Cruise Line
Globenewswire· 2025-12-11 14:00
Core Insights - Norwegian Cruise Line Holdings Ltd. has appointed Marc Kazlauskas as President of Norwegian Cruise Line, effective January 19, 2026, bringing over 30 years of experience in the global travel industry [1][2][3] Company Overview - Norwegian Cruise Line Holdings operates Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, with a combined fleet of 34 ships and over 71,000 berths, offering itineraries to approximately 700 destinations worldwide [4] - The company plans to add 14 additional ships across its brands by 2036, which will increase its fleet capacity by over 39,200 berths [4] Leadership Background - Marc Kazlauskas previously served as CEO of Avoya Travel and held leadership roles at FROSCH and Chase Travel Group, managing operations with over $11 billion in sales [2] - He has a proven track record in enhancing customer experience and driving commercial performance, aligning with Norwegian's focus on operational efficiency and guest offerings [2][3] Strategic Initiatives - The appointment of Kazlauskas comes at a crucial time for Norwegian Cruise Line, as the company is experiencing healthy demand for cruises and is executing its newbuild program [3] - Key initiatives include enhancements to Great Stirrup Cay, Norwegian's private island in the Bahamas, and the upcoming debut of Norwegian Luna [3] Market Positioning - Norwegian Cruise Line is recognized for its innovative approach to cruising, offering guests flexibility in vacation planning and a variety of curated experiences [5] - The company provides a signature Free at Sea™ package, which includes benefits such as unlimited open bar, specialty dining credits, and shore excursion credits [5]