OTC Markets Group Welcomes IEH Corporation to OTCQX
Globenewswire· 2026-02-20 12:00
NEW YORK, Feb. 20, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced IEH Corporation (OTCQX: IEHC), a producer of high-performance PCB connectors, has qualified to trade on the OTCQX® Best Market. IEH Corporation upgraded to OTCQX from the OTCID™ Basic Market. IEH Corporation begins trading today on OTCQX under the symbol “IEHC.” U.S. investors can find current financial disclosure and Real-Time ...
AtaiBeckley To Host Virtual Investor Day on March 6, 2026
Globenewswire· 2026-02-20 12:00
Core Viewpoint - AtaiBeckley Inc. is hosting a Virtual Investor Day on March 6, 2026, to present its mission and pipeline of mental health treatments [1][2]. Company Overview - AtaiBeckley Inc. is a clinical-stage biotechnology company focused on developing rapid-acting, durable, and convenient mental health treatments [3]. - The company's pipeline includes BPL-003 (mebufotenin benzoate nasal spray) for treatment-resistant depression (TRD), VLS-01 (DMT buccal film) for TRD, and EMP-01 ((R)-MDMA HCI) for social anxiety disorder [3]. - BPL-003 is in Phase 3 planning, while VLS-01 and EMP-01 are in Phase 2 clinical development [3]. - The company is also working on a drug discovery program for novel, non-hallucinogenic 5-HT2AR agonists targeting opioid use disorder and TRD [3]. Event Details - The Virtual Investor Day will feature presentations and live Q&A sessions with the executive leadership team and external key opinion leaders [1]. - Investors, analysts, and media members can register for the live webcast, with a replay available afterward on the company's investor website [2].
Bitdeer Announces Pricing of Upsized US$325.0 Million Convertible Senior Notes Offering
Globenewswire· 2026-02-20 12:00
Core Viewpoint - Bitdeer Technologies Group has announced the pricing of a US$325 million offering of 5.00% Convertible Senior Notes due 2032, increasing from the previously announced US$300 million, with an option for initial purchasers to buy an additional US$50 million [1][2] Group 1: Convertible Notes Offering - The notes will accrue interest at a rate of 5.00% per year, payable semiannually starting September 1, 2026, and maturing on March 1, 2032 [2] - The initial conversion rate is set at 100.7557 Class A ordinary shares per US$1,000 principal amount, equating to an initial conversion price of approximately US$9.93 per share, representing a 25% premium over the offering price [2] - Bitdeer may redeem the notes for cash starting March 6, 2030, under certain conditions, including if the Class A ordinary shares trade at least 130% of the conversion price for 20 trading days [3][4] Group 2: Use of Proceeds - Bitdeer estimates net proceeds from the notes offering to be approximately US$315.1 million, or US$363.7 million if the option for additional notes is fully exercised [7] - The proceeds will be used to cover costs related to capped call transactions, repurchase existing convertible senior notes, and fund datacenter expansion, HPC and AI cloud business expansion, and ASIC mining rig development [7] Group 3: Capped Call Transactions - Bitdeer has entered into capped call transactions to offset potential dilution from the conversion of the notes, with an initial cap price of US$15.88 per Class A ordinary share [8][9] - The capped call transactions are designed to mitigate the impact of any conversion on the market price of the Class A ordinary shares [8] Group 4: Concurrent Registered Direct Offering - Bitdeer has also announced a registered direct offering of 5,503,030 Class A ordinary shares at US$7.94 per share, with settlement scheduled for February 26, 2026 [12] - The net proceeds from this offering will be used in conjunction with the notes offering to repurchase US$135 million of its November 2029 notes for approximately US$138.2 million [12]
OTC Markets Group Welcomes Chemtrade Logistics Income Fund to OTCQX
Globenewswire· 2026-02-20 12:00
NEW YORK, Feb. 20, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced that Chemtrade Logistics Income Fund (TSX: CHE.UN; OTCQX: CGIFF), a diversified operator and producer of industrial chemicals and services, has qualified to trade on the OTCQX® Best Market. Chemtrade Logistics Income Fund upgraded to OTCQX from the Pink Limited™ Market. Chemtrade Logistics Income Fund begins trading today on OTC ...
FRO – Invitation to Q4 2025 Results Conference Call and Webcast
Globenewswire· 2026-02-20 11:50
Group 1 - Frontline plc will release its preliminary fourth quarter 2025 results on February 27, 2026 [1] - A webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time) [1] - The results presentation will be available for download from the Investor Relations section of the company's website [1] Group 2 - Participants can attend the conference call via webcast or by registering online for the conference call [2] - A Q&A session will follow the teleconference/webcast, with instructions for submitting questions provided at the beginning [2] - Presentation materials for the teleconference/webcast can be downloaded from the company's website [2]
Eton Pharmaceuticals to Participate at Leerink Partners Global Healthcare Conference on Wednesday, March 11th
Globenewswire· 2026-02-20 11:50
Company Overview - Eton Pharmaceuticals, Inc is an innovative pharmaceutical company focused on developing and commercializing treatments for rare diseases [3] - The company currently has eight commercial rare disease products: KHINDIVI™, INCRELEX, ALKINDI SPRINKLE, GALZIN, PKU GOLIKE, Carglumic Acid, Betaine Anhydrous, and Nitisinone [3] - Eton has four additional product candidates in late-stage development: Amglidia, ET-700, ET-800, and ZENEO hydrocortisone autoinjector [3] Upcoming Events - Members of Eton's executive leadership team will host one-on-one meetings at the Leerink Partners Global Healthcare Conference on March 11, 2026, in Miami, Florida [1] - Interested parties can schedule a meeting by contacting their Leerink Partners institutional sales representative [2]
Costamare Bulkers Holdings Limited Reports Results for the Fourth Quarter and Year Ended December 31, 2025
Globenewswire· 2026-02-20 11:37
Core Viewpoint - Costamare Bulkers Holdings Limited reported its financial results for Q4 2025, showing an adjusted net loss of $1.7 million and highlighting its operational transition following its spin-off from Costamare Inc. [1][2][15] Financial Highlights and Operational Updates - The company had a total debt of $155.6 million and cash of $226.3 million, resulting in a negative net debt position of $70.7 million as of the end of Q4 2025 [4][16]. - Total voyage revenue for the year ended December 31, 2025, was $597.2 million, with Q4 2025 contributing $218.5 million [20][38]. - The average number of vessels in the owned fleet during Q4 2025 was 31.1, with ownership days totaling 2,859 [32][37]. Operating Platform and Strategic Agreements - The company concluded a Strategic Cooperation Agreement with Cargill, transferring a significant portion of its trading portfolio, including chartered-in vessels and cargo transportation commitments [8][15]. - The operating platform is currently focused on Kamsarmax-type vessels, with a fleet that includes 20 third-party owned dry bulk vessels [8][19]. Fleet Renewal and Vessel Transactions - Costamare Bulkers agreed to sell the 2011-built Capesize vessel, Miracle, and the 2008-built Supramax vessel, Clara, generating total capital gains of $7.7 million [17][18]. - The company has also agreed to acquire the 2018-built dry bulk vessel, Koushun, expected to conclude within Q1 - Q2 2026 [10][17]. Market Conditions - The Capesize index has increased due to favorable supply and demand fundamentals, supported by strong exports and improved sentiment [20]. - The Panamax index has benefited from easing US-China tensions and a strong Capesize market, while the Supramax index remains healthy due to strong demand for coal and minor bulks [20].
Hudbay Delivers Record Fourth Quarter and Full Year 2025 Results; Achieves 2025 Consolidated Copper and Gold Production and Cost Guidance
Globenewswire· 2026-02-20 11:00
Core Insights - Hudbay Minerals achieved record annual revenue of $2.2 billion and adjusted EBITDA of $1.1 billion in 2025, marking a transformative year for the company [2][4][25] - The company met its consolidated copper and gold production guidance for the 11th and 5th consecutive years, respectively, despite external challenges [4][22][23] - Hudbay's diversified operations demonstrated resilience, generating over $380 million in free cash flow and achieving record financial performance for three consecutive years [2][4][25] Financial Performance - Fourth quarter revenue reached $732.9 million, with adjusted EBITDA of $385.9 million, reflecting strong operational performance [8][33] - Full year adjusted EBITDA was $1,060.9 million, a 29% increase from 2024, driven by higher metal prices and stable operating performance [25][26] - Net earnings attributable to owners for 2025 were $568.5 million, or $1.44 per share, significantly higher than $76.7 million, or $0.20 per share, in 2024 [26][27] Production and Cost Performance - Consolidated copper production for 2025 was 118,188 tonnes, and gold production was 267,934 ounces, meeting production guidance [4][22] - The consolidated cash cost, net of by-product credits, was $(0.22) per pound of copper, an improvement of 148% compared to 2024 [28] - Sustaining cash cost for 2025 was $1.30 per pound of copper, down from $1.62 in 2024, reflecting strong cost control [29][30] Operational Highlights - Peru operations produced 85,155 tonnes of copper and 74,480 ounces of gold in 2025, with gold production exceeding guidance [4][22][45] - Manitoba operations faced production challenges due to wildfires and power outages but still achieved guidance for copper and silver production [23][24] - British Columbia operations produced 23,784 tonnes of copper, with cash costs of $3.06 per pound, within the annual cost guidance range [5][10] Strategic Initiatives - The company plans to sanction the Copper World project in 2026, supported by a $600 million joint venture with Mitsubishi Corporation [3][11] - Hudbay introduced a new quarterly dividend of C$0.01 per share, marking a 100% increase compared to the previous semi-annual dividend [11][12] - Ongoing optimization efforts at Copper Mountain and plans for a pre-feasibility study for the Mason copper project in Nevada are underway [11][12][49]
Auddia Announces Expiration of Publicly Traded Warrants (NASDAQ:AUUDW)
Globenewswire· 2026-02-20 11:00
Core Viewpoint - Auddia Inc. announced the expiration of its publicly traded warrants, which ceased trading on February 18, 2026, and became void after February 19, 2026, with no impact on the company's common stock [1][2]. Company Developments - Auddia is in the process of a transformational business combination that will lead to the formation of McCarthy Finney, Inc., which will provide AI and web3 shared services to its subsidiaries. The new entity will trade under the ticker MCFN upon closing of the merger [3]. - Auddia's proprietary AI platform is revolutionizing consumer engagement with audio content, including AM/FM radio and podcasts, while also enhancing how artists and labels promote their music [4]. Product Offerings - Auddia's flagship audio superapp, faidr, is free for listeners and offers unique listening experiences, including AI-enabled ad-free listening, content skipping across AM/FM stations, and integrated artist discovery features [4][6].
Terra Property Trust, Inc. Commences Registered Exchange Offers and Consent Solicitation
Globenewswire· 2026-02-20 11:00
Core Viewpoint - Terra Property Trust, Inc. has initiated Exchange Offers to exchange its existing notes for newly issued senior secured notes with a higher interest rate, aiming to improve its financial structure and reduce restrictive covenants [1][2]. Group 1: Exchange Offers - The Company is offering to exchange its outstanding 6.00% Notes and 7.00% Notes for newly issued 9.75% Senior Secured Notes due 2029 [1]. - The Exchange Offers commenced on February 13, 2026, and will expire on March 16, 2026, unless extended or terminated [7]. - The consideration for the exchange is set at $25.00 per $25.00 principal amount of Existing Notes validly tendered [5]. Group 2: Consent Solicitation - The Company is soliciting consents from holders of the TPTA Notes to approve amendments that would eliminate most restrictive covenants and certain reporting obligations [2]. - The Proposed Amendments will apply to all TPTA Notes that remain outstanding after the Exchange Offers [2]. - A majority consent from TPTA Notes holders is required for the amendments to be adopted [3]. Group 3: New Notes Details - The newly issued Exchange Notes will bear an interest rate of 9.75% per annum and will mature on March 31, 2029 [6]. - Interest on the Exchange Notes will be payable monthly, starting April 30, 2026 [6]. - The Exchange Notes will be secured by perfected liens granted by the Company in certain collateral [6]. Group 4: Company Overview - Terra Property Trust, Inc. is a real estate investment trust that invests in loans and assets secured by commercial real estate across the U.S. [9]. - The Company's objective is to provide attractive risk-adjusted returns primarily through high current income and potential capital appreciation [9].