Arco Vara Has a New Chairman of the Supervisory Board
Globenewswire· 2025-07-09 06:00
Core Viewpoint - Kert Keskpaik has been appointed as the new Chairman of the Supervisory Board of Arco Vara AS, succeeding Tarmo Sild, who will remain a board member [1]. Group 1: Leadership Changes - Kert Keskpaik has over 20 years of experience in real estate development and sales, including roles as a broker and project developer [2]. - Tarmo Sild has chaired the Supervisory Board until now and will continue to serve as a member [1]. Group 2: Background of Kert Keskpaik - Keskpaik has been a member of the Supervisory Board of Arco Vara AS for the past ten years and holds a degree in Business Administration with a specialization in Finance from Tallinn University of Technology [2]. - He expressed enthusiasm about his new role and aims to support the company's growth and the realization of development projects [2]. Group 3: Comments from Leadership - Tarmo Sild highlighted Keskpaik's passion for sustainable and modern real estate, emphasizing his experience and qualities that will contribute to creating new value for customers and shareholders [2].
AS Tallinna Sadam operational volumes for 2025 Q2 and 6 months
Globenewswire· 2025-07-09 04:30
Core Insights - Tallinna Sadam experienced positive growth in both cargo volumes and passenger numbers in Q2 2025 compared to the same period last year, with cargo volumes increasing by 8% and passenger numbers by 3.8% [1][2][3] Cargo Volume Analysis - Total cargo volume reached 3.5 million tons, with significant increases in liquid bulk (+115 thousand tons, +37%) and dry bulk (+163 thousand tons, +34%) [3][6] - Ro-ro cargo saw a decline of 6.1% [6] - The overall cargo volume increased from 3.2 million tons in Q2 2024 to 3.5 million tons in Q2 2025, marking a 7.8% increase [6] Passenger Traffic Insights - The number of passengers reached 2.2 million, with a notable increase of 4.3% on the Tallinn-Helsinki route, which celebrated its 60th anniversary [2][3] - Cruise passenger numbers surged by 25%, indicating a growing interest from international travelers, including those from China, the United States, and Japan [3][4] - The total number of passengers increased from 2.165 million in Q2 2024 to 2.247 million in Q2 2025 [6] Vessel Calls and Operations - The number of vessel calls increased by 2.1%, with cruise ships seeing a 46% rise in visits [4][6] - The number of trips for ferries decreased by 1.5%, while the number of passengers on ferries increased by 2.4% [4][8] - The icebreaker Botnica experienced a significant decline in charter days by 63% compared to the previous year [4][8] Summary of Key Figures - Preliminary operational volumes for Q2 2025 indicate a total of 1,841 vessel calls, with 373 cargo vessels and 1,427 passenger vessels [6][8] - The total number of vehicles transported increased by 3.4% [4][8] - The operational data for the first half of 2025 shows a slight overall increase in cargo and passenger volumes compared to the same period in 2024 [6]
Linyi products cultivate foundations for China-Africa trade hub in Angola
Globenewswire· 2025-07-09 04:18
Core Viewpoint - The Linyi Trade City (Angola) High-Quality Products Fair 2025 showcased Linyi's manufacturing capabilities and strengthened Sino-Angolan economic ties, highlighting the growing demand for Linyi's products in Africa [2][3][6]. Group 1: Event Overview - The fair took place from July 4 to 6, 2025, at the Angola International Real Estate Trade Fair (FINI 2025) [1]. - Over 400 domestic and international companies participated, with more than 200 Linyi enterprises displaying over 1,000 high-quality products [2]. Group 2: Strategic Outcomes - The fair addressed cross-border procurement challenges and reshaped the African procurement model [5]. - Angolan buyers gained direct access to the overseas warehouse system, reducing the need for transnational travel [5]. - Source price transparency was ensured, aligning the quality and pricing of Linyi's products [5]. Group 3: Diplomatic and Economic Implications - The Chinese Ambassador to Angola emphasized the importance of the fair in enhancing economic cooperation and supporting Angola's economic diversification [6]. - Angola's Minister of Public Works praised the fair's role in promoting the country's industry, real estate, and trade development [7]. Group 4: Market Context - The fair was held amid a global trade environment requiring new models, serving as a platform for China-Africa economic cooperation [8].
LQWD Announces Upsized Financing with Amended Terms of Up to C$12.3 Million
Globenewswire· 2025-07-09 03:58
Core Viewpoint - LQWD Technologies Corp. has increased its private placement offering to C$12.3 million (US$9 million) due to heightened demand from strategic investors and existing shareholders, with shares priced at C$4.10 (US$3.00) each [1] Group 1: Offering Details - The Offering consists of a brokered and a non-brokered private placement, with Maxim Group LLC acting as the sole agent and book runner for the brokered portion [2][1] - The Offering is being conducted under National Instrument 45-106 and is available to purchasers in Canada, excluding Québec [3] - The expected closing dates for the Brokered Offering and Non-Brokered Offering are July 10, 2025, and July 11, 2025, respectively, subject to regulatory approvals [6] Group 2: Use of Proceeds - The net proceeds from the Offering will be utilized for acquiring Bitcoin as an operating asset for the Company's Lightning Network services and for general corporate purposes [5] Group 3: Company Overview - LQWD Technologies Corp. is focused on advancing Bitcoin adoption through the Lightning Network, which facilitates instant, low-cost transactions [10] - The Company operates a network of enterprise-grade nodes designed to earn transaction fees and enhance network liquidity, providing investors with exposure to Bitcoin's long-term appreciation and the growing use of Lightning for global payments [11]
K&F CONCEPT Nano-Xcel Ultra-Hard, Ultra-Low-Reflection UV Filter: The Invisible Shield for Your Lens
Globenewswire· 2025-07-09 01:57
SHENZHEN, China, July 08, 2025 (GLOBE NEWSWIRE) -- While blocking ultraviolet light is no longer the primary function of UV filters—thanks to advances in modern sensors and lens coatings—their role has evolved into something more practical: physical protection. A high-quality UV filter now serves as a reliable barrier against scratches, dust, moisture, and unexpected impacts—all without compromising optical performance. The K&F CONCEPT Nano-Xcel UV Filter is designed for this modern role. Engineered from 9H ...
Gray Announces Upsizing and Pricing of $900 Million of 9.625% Senior Secured Second Lien Notes due 2032
Globenewswire· 2025-07-09 01:48
ATLANTA, July 08, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray”) (NYSE: GTN) announced today the pricing of its previously announced private offering of $900 million aggregate principal amount of 9.625% senior secured second lien notes due 2032 (the “Notes”). This represents an increase of $150 million over the amount previously announced. The Notes were priced at 100% of par. The offering of the Notes is expected to close on July 18, 2025, subject to customary closing conditions. The Notes are being of ...
Cogent Biosciences Announces Pricing of Upsized Public Offering of Shares of Common Stock
Globenewswire· 2025-07-09 01:36
Core Viewpoint - Cogent Biosciences, Inc. has announced a public offering of 22,222,223 shares of common stock at a price of $9.00 per share, aiming to raise approximately $200 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase an additional 3,333,333 shares on the same terms [1]. - The expected closing date for the offering is around July 10, 2025, pending customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for the development, regulatory, and commercial preparation activities related to bezuclastinib and other product candidates [2]. - Funds will also support the planned commercial launch of bezuclastinib, along with working capital and general corporate purposes [2]. Group 3: Company Overview - Cogent Biosciences focuses on developing precision therapies for genetically defined diseases, with bezuclastinib being the most advanced clinical program [5]. - Bezuclastinib is a selective tyrosine kinase inhibitor targeting the KIT D816V mutation, which is associated with systemic mastocytosis and advanced gastrointestinal stromal tumors [5]. - The company is also conducting a Phase 1 study of a novel FGFR2 inhibitor and developing therapies targeting mutations in ErbB2, PI3Kα, and KRAS [5].
Delixy Holdings Limited Announces Pricing of Initial Public Offering
Globenewswire· 2025-07-09 00:25
Group 1 - Delixy Holdings Limited, a Singapore-based company, is engaged in the trading of oil-related products and has announced an initial public offering (IPO) of 2,000,000 ordinary shares at a public offering price of US$4.00 per share [1] - The company expects to receive gross proceeds of US$5.4 million from the offering, which will be used for expanding product offerings, strengthening market position, making strategic acquisitions, and general working capital [2] - The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on July 9, 2025, under the ticker symbol "DLXY" [1] Group 2 - Delixy Holdings Limited primarily trades in crude oil and oil-based products, including fuel oils, motor gasoline, additives, gas condensate, base oils, asphalt, petrochemicals, and naphtha [6] - The company operates across multiple countries in Southeast Asia, East Asia, and the Middle East, establishing a strong presence in the region's oil trading markets [6] - Delixy leverages strong relationships with customers and suppliers, providing value-added services such as tailored trading strategies and logistical support [6]
Firan Technology Group Corporation (“FTG”) Announces Second Quarter 2025 Financial Results
Globenewswire· 2025-07-08 22:05
TORONTO, July 08, 2025 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) today announced financial results for the second quarter 2025. Second Quarter Financial Highlights: Bookings: Total bookings reached $45.8 million for Q2Backlog: The quarter-end backlog stood at $133.5 million, a 9% rise from the previous year end.Revenue: Recorded at $48.7 million, a 25.6% increase over Q2 2024.Adjusted EBITDA: Achieved $8.7 million in the quarter, up from $6.5 million in Q2 2024.Net Ear ...
Highland Copper Announces Grant of Stock Options, Restricted Share Units and Deferred Share Units
Globenewswire· 2025-07-08 21:58
Group 1 - Highland Copper Company Inc. has approved the grant of 6,632,271 incentive stock options, 3,116,875 Restricted Share Units, and 1,973,684 Deferred Share Units to its directors, executive officers, and employees, subject to regulatory approval [1] - The stock options have an exercise price of CDN$0.095 per share and are exercisable for a period of up to five years, with vesting occurring in three phases [1] - The Restricted Share Units and Deferred Share Units will vest in three equal parts over three years [1] Group 2 - Highland Copper Company is focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. [2] - The company owns the Copperwood deposit through long-term mineral leases and holds a 34% interest in the White Pine North project via a joint venture [2] - Highland Copper has 736,363,619 common shares issued and outstanding, listed on the TSX Venture Exchange under the symbol "HI" and trading on the OTCQB under "HDRSF" [2]