Viking Acquisition Corp. I Announces Pricing of $200,000,000 Initial Public Offering
Globenewswire· 2025-10-31 01:22
Core Points - Viking Acquisition Corp. I has priced its initial public offering (IPO) at $10.00 per unit, with a total of 20,000,000 units being offered [1] - The units will be listed on the New York Stock Exchange under the ticker symbol "VACI.U" starting October 31, 2025 [1] - Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with the whole warrant exercisable at $11.50 per share [1] - The offering is expected to close on November 3, 2025, subject to customary closing conditions [2] Company Overview - Viking Acquisition Corp. I is a blank check company aimed at merging, acquiring, or reorganizing with one or more businesses, without limitations on industry or geographic region [5]
Well-Positioned for Resilient Growth
Globenewswire· 2025-10-31 01:13
Core Insights - Lendlease Global Commercial REIT reported strong operational performance with a portfolio committed occupancy of 95.0% as of September 30, 2025, and a positive retail rental reversion of 8.9% [4][6][10] - The divestment of Jem office is nearing completion, expected by November 12, 2025, with a projected disposal gain of approximately S$8.9 million for Unitholders [3][10] - The company has been recognized for its sustainability efforts, being awarded the Regional Sector Leader in Retail Asia (Listed) by GRESB 2025 and included in the iEdge Singapore Next 50 Index [11][12] Operational Performance - The retail portfolio's occupancy rate exceeded 99%, while the Milan office portfolio occupancy increased to 88.5% from 81.6% [4] - Tenant retention was reported at 52.2%, with a notable increase to 72.9% when excluding the exit of Cathay Cineplexes [6] - Visitation improved by 7.7% year-on-year, although tenant sales dipped by 0.8% [7] Capital Management - Lendlease REIT refinanced S$115.5 million in loans, with gross borrowings at S$1,668.9 million and a weighted average debt maturity of 2.6 years [8] - Approximately 68% of borrowings were hedged to fixed rates, with the weighted average cost of debt improving to 3.09% per annum [9][10] - The interest coverage ratio was reported at 1.6 times based on the last financial results [9] Awards and Recognition - Inclusion in the iEdge Singapore Next 50 Index has doubled the average daily trading volume to approximately 10 million units [11] - Lendlease REIT achieved a 5 Star rating in the GRESB assessment for its ESG performance, marking the sixth consecutive year as Regional Sector Leader [12][13]
Midland States Bancorp, Inc. Announces 2025 Third Quarter Results
Globenewswire· 2025-10-31 00:47
EFFINGHAM, Ill., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”) today reported net income available to common shareholders of $5.3 million, or $0.24 per diluted share, for the third quarter of 2025, compared to net income available to common shareholders of $9.8 million, or $0.44 per diluted share, for the second quarter of 2025. This also compares to net income of $18.2 million, or $0.83 per diluted share, for the third quarter of 2024. 2025 Third Quarter Resu ...
First National Bank Alaska declares regular and special dividends for fourth quarter 2025, both payable in December
Globenewswire· 2025-10-31 00:43
ANCHORAGE, Alaska, Oct. 30, 2025 (GLOBE NEWSWIRE) -- At the Board of Directors meeting held Oct. 30, 2025, First National Bank Alaska (OTCQX:FBAK) declared a cash dividend of $4.00 per share for shareholders of record as of Dec. 1, 2025, payable on Dec. 15, 2025. At the same meeting, the Board declared a special cash dividend of $4.00 per share for shareholders of record as of Dec. 1, 2025, payable on Dec. 19, 2025. CONTACT: Denise Brown RobinsonSecretary to the Board of Directors907-777-3409 ...
InnoCare Announces First Patient Dosed in Clinical Trial of Novel ADC ICP-B794 in China
Globenewswire· 2025-10-31 00:30
Core Insights - InnoCare Pharma has initiated a clinical trial for its novel B7-H3 targeted antibody-drug conjugate (ADC), ICP-B794, marking a significant step in cancer treatment development in China [1][2]. Company Overview - InnoCare Pharma is a biopharmaceutical company focused on developing treatments for cancer and autoimmune diseases, with a commitment to addressing unmet medical needs both in China and globally [6]. Product Development - ICP-B794 is designed as a humanized anti-B7-H3 monoclonal antibody linked to a potent payload, ensuring targeted delivery to tumor cells while reducing off-target effects [2]. - The ADC has shown superior anti-tumor activity in animal models compared to other ADCs, demonstrating significant efficacy even against large tumors [2]. Market Potential - Currently, there are no approved therapies targeting B7-H3 globally, making it a promising target due to its high expression in various solid tumors [3]. - The ADC platform developed by InnoCare aims to tackle hard-to-treat cancers, potentially offering improved safety and efficacy profiles for cancer patients [5]. Leadership Perspective - Dr. Jasmine Cui, co-founder and CEO, emphasized the potential of ICP-B794 to provide precise treatment options for cancer patients and the company's commitment to expanding its ADC portfolio [4].
Allied Gaming and Entertainment Showcases Growth with Proprietary Live Events at HyperX Arena Las Vegas
Globenewswire· 2025-10-31 00:12
Allied Gaming Photo Allied Gaming Photo Allied Gaming Photo Allied Gaming Photo Las Vegas, Oct. 30, 2025 (GLOBE NEWSWIRE) -- New York – October 29, 2025 – Allied Gaming & Entertainment Inc. (NASDAQ: AGAE) (“Allied” or the “Company”), a global experiential entertainment company, celebrates two major events—one recently hosted and one upcoming—at its flagship property, Allied Esports’ HyperX Arena Las Vegas, underscoring the Company’s continued leadership in live entertainment, esports, and global eve ...
Mobix Labs Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Requirement
Globenewswire· 2025-10-30 23:04
IRVINE, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Mobix Labs, Inc. (Nasdaq: MOBX) ("Mobix Labs" or the "Company"), a fabless semiconductor company delivering advanced wireless and wired connectivity, RF, switching, and filtering technologies for next-generation communication systems, announced today that it has received an additional 180-calendar-day extension from the Nasdaq Stock Market ("Nasdaq") to regain compliance with the minimum bid price requirement, as outlined in Nasdaq Listing Rule 5550(a)(2). T ...
CORRECTION – Micron Announces Participation in Investor Event
Globenewswire· 2025-10-30 23:00
Core Viewpoint - Micron Technology, Inc. will participate in a fireside chat at the RBC Capital Markets' 2025 Global Technology, Internet, Media & Telecommunications Conference on November 19, 2025, at 6:00 a.m. Mountain Time, with a time correction from a previous announcement [1]. Company Overview - Micron Technology, Inc. is a leader in innovative memory and storage solutions, focusing on transforming how information is used to enhance life. The company emphasizes customer focus, technology leadership, and operational excellence [3]. - Micron offers a diverse portfolio of high-performance DRAM, NAND, and NOR memory and storage products under the Micron® and Crucial® brands, contributing to advancements in artificial intelligence and compute-intensive applications [3].
Black Diamond Reports Third Quarter 2025 Results and Increases Dividend
Globenewswire· 2025-10-30 22:46
Core Insights - Black Diamond Group Limited reported strong financial results for the third quarter of 2025, with consolidated rental revenue of $41.3 million, a 9% increase from the same quarter in 2024, and profit of $12.2 million, up 65% year-over-year [4][10] - The company anticipates continued stability and growth opportunities, particularly in Canada, supported by a healthy contracted future rental revenue of $159.0 million, despite a slight decline of 3% from the previous year [3][4] Financial Performance - Total revenue for the quarter reached $105.3 million, a 4% increase compared to $101.2 million in the same quarter of 2024 [10] - Adjusted EBITDA for the quarter was $31.8 million, reflecting a 10% increase from $28.8 million in the comparative quarter [10] - Basic earnings per share rose to $0.19, a 58% increase from $0.12 in the same quarter of 2024 [4][10] Business Segments - Modular Space Solutions (MSS) generated record rental revenue of $28.1 million, a 15% increase from $24.5 million in the comparative quarter, driven by higher average monthly rental rates [4][10] - Workforce Solutions (WFS) revenue increased by 12% to $43.2 million, supported by a 28% rise in non-rental services revenue [4][10] Capital and Debt Management - Capital expenditures for the quarter totaled $19.6 million, with total capital commitments increasing by 124% to $39.5 million [4][10] - Net debt decreased by 12% to $197.1 million, with a net debt to trailing twelve months (TTM) adjusted leverage EBITDA ratio of 1.6x, below the target range of 2.0x to 3.0x [4][10] Strategic Initiatives - The company completed a tuck-in acquisition of Spencer Group of Companies, enhancing its operations in the Asia-Pacific region [4][10] - A strategic acquisition of Royal Camp Services Ltd. is anticipated to close by the end of 2025, which will effectively double the size of Black Diamond's Canadian workforce accommodations fleet [6][4] Dividend Policy - The company announced a 29% increase in its quarterly dividend from $0.035 to $0.045, marking the fifth increase since its reinstatement in 2021 [4][10]
Timberland Bancorp 2025 Fiscal Year’s Net Income Increases 20% to $29.16 Million
Globenewswire· 2025-10-30 22:33
Core Insights - Timberland Bancorp, Inc. reported a 20% increase in net income to $29.16 million for the fiscal year ended September 30, 2025, compared to $24.28 million for the previous year, with earnings per diluted share rising 22% to $3.67 from $3.01 [1][9] - The company achieved record results for the fiscal year, with significant year-over-year gains across all major profitability measures, and announced an 8% increase in the quarterly cash dividend to $0.28 per share [3][4] Financial Performance - For the quarter ended September 30, 2025, net income was $8.45 million, or $1.07 per diluted share, up 19% from the previous quarter and 33% from the same quarter last year [2][9] - Operating revenue for the current quarter increased 10% to $22.49 million from $20.50 million in the preceding quarter, and 15% from $19.48 million year-over-year [7] - Net interest income rose by $773,000, or 4%, to $18.40 million for the current quarter, and increased $6.03 million, or 9%, to $70.20 million for the fiscal year [8][11] Balance Sheet Highlights - Total assets surpassed $2 billion for the first time, increasing 3% from the prior quarter and 5% year-over-year [3][9] - Total deposits increased by $47 million, or 3%, to $1.72 billion, with significant growth in non-interest-bearing balances [24][9] - The non-performing assets ratio was 0.23% at September 30, 2025, up from 0.21% in the prior quarter, indicating a slight increase in credit risk [30][9] Dividend and Shareholder Returns - The Board of Directors announced an 8% increase in the quarterly cash dividend, marking the 52nd consecutive quarter of dividend payments [3][4] - Shareholders' equity increased by $5.95 million, or 2%, to $262.61 million, driven by net income and stock option exercises [28][9] Strategic Initiatives - The company plans to open a new full-service branch in University Place, enhancing its market presence and commercial banking relationships [3][4] - Timberland originated $100.09 million in loans during the quarter, a significant increase from $81.99 million in the previous quarter [22][9]