FibroBiologics Granted Extension by Nasdaq to Regain Compliance
Globenewswire· 2026-02-23 13:30
Core Viewpoint - FibroBiologics, Inc. has received an extension from a Nasdaq Hearings Panel to regain compliance for continued listing on The Nasdaq Capital Market, providing a clear path for the company to maintain its stock listing [1][2]. Group 1: Compliance Conditions - The company must meet an equity standard of $2.5 million under Nasdaq Listing Rule 5550(b)(1) by February 27, 2026, as an alternative to the $35 million minimum Market Value of Listed Securities under Listing Rule 5550(b)(2) [2]. - FibroBiologics is required to meet the minimum bid price requirement of $1.00 per share by April 13, 2026, as per Nasdaq Listing Rule 5550(a)(2) [2]. - The company must comply with all applicable criteria for continued listing on Nasdaq by April 13, 2026 [2]. Group 2: Company Overview - FibroBiologics is a clinical-stage biotechnology company based in Houston, focusing on developing therapeutics and potential cures for chronic diseases using fibroblast cells and fibroblast-derived materials [4]. - The company holds over 270 patents issued and pending in the US and internationally, covering various clinical pathways including wound healing, multiple sclerosis, disc degeneration, psoriasis, orthopedics, human longevity, and cancer [4]. - FibroBiologics represents a new generation of medical advancements in cell therapy and tissue regeneration [4].
CISO Global Appoints Dhaval Damania as EVP of Cybersecurity & IT
Globenewswire· 2026-02-23 13:30
Experienced AI and enterprise IT operations leader joins Company to accelerate scalable growth, strengthen security architecture, and advance next-generation cyber software innovation Scottsdale, Ariz., Feb. 23, 2026 (GLOBE NEWSWIRE) -- CISO Global, Inc. (NASDAQ: CISO) (“CISO Global” or the “Company”), a provider of AI-powered cybersecurity software and compliance services, today announced the appointment of Dhaval Damania as Executive Vice President of Cybersecurity & IT. This appointment reinforces its co ...
Fulton Financial Corporation and Blue Foundry Bancorp Announce Regulatory Approvals and Anticipated Merger Closing Date
Globenewswire· 2026-02-23 13:30
LANCASTER, Pa. and RUTHERFORD, N.J., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Fulton Financial Corporation (Nasdaq: FULT) (“Fulton”) and Blue Foundry Bancorp (Nasdaq: BLFY) (“Blue Foundry”) today jointly announced the receipt of all required regulatory approvals for the previously announced all-stock transaction pursuant to which Fulton will acquire Blue Foundry. Regulatory approvals have been granted by the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency. Blue Fo ...
Milestone Scientific Launches CompuFlo® Advisor Program to Accelerate Commercial Adoption and Drive Utilization Growth in Select MAC Jurisdictions; Plans National Expansion
Globenewswire· 2026-02-23 13:30
ROSELAND, N.J., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Milestone Scientific Inc. (NYSE: MLSS), a leading developer of computerized drug delivery instruments that provide objective, pressure-guided precision, today announced the launch of the CompuFlo® Advisor Program. This strategic initiative is designed to drive mainstream commercial adoption, increase recurring disposable revenue, and generate the clinical data necessary to optimize long-term Medicare reimbursement rates. The program, which commenced on Febru ...
K Wave Media Regains Compliance with Nasdaq Minimum Market Value Requirement
Globenewswire· 2026-02-23 13:28
Core Viewpoint - K Wave Media has regained compliance with Nasdaq's minimum market value requirement of $50,000,000 as of February 18, 2026, closing the matter with Nasdaq [1][2]. Group 1: Compliance with Nasdaq Requirements - The Compliance Notice from Nasdaq confirmed that K Wave Media's market value of listed securities was $50,000,000 or greater for the 20 consecutive business days from January 20, 2026, to February 17, 2026 [2]. - The company continues to actively monitor its compliance with all Nasdaq listing requirements, including the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) [3]. Group 2: Company Overview - K Wave Media (KWM) is a publicly listed entertainment and Bitcoin treasury company focused on creating, distributing, and monetizing high-quality content across multiple platforms [4]. - Since going public in 2025, KWM has concentrated on strategic growth initiatives, including acquisitions, digital platforms, and digital asset treasury management [4].
Xanadu Nominates Experienced Global Business Leaders to its Board of Directors
Globenewswire· 2026-02-23 13:19
Core Viewpoint - Xanadu Quantum Technologies Inc. is advancing its business combination with Crane Harbor Acquisition Corp, aiming to establish a public company named Xanadu Quantum Technologies Limited, which will trade on Nasdaq and the Toronto Stock Exchange under the ticker symbol "XNDU" [3][21]. Company Overview - Xanadu is a Canadian quantum computing company founded in 2016, focused on building accessible quantum computers and developing the open-source software library PennyLane for quantum computing applications [20]. Business Combination Details - The proposed business combination is expected to close in the first quarter of 2026, pending regulatory approvals and shareholder consent [4]. - The combined entity is projected to be capitalized with approximately US$500 million, including US$225 million from Crane Harbor's trust account and US$275 million from strategic and institutional investors [21]. Board of Directors Nominees - New board nominees include Glenda Dorchak, Eliot Pence, Michelle Reynolds, and The Hon. Heidi Shyu, who bring extensive experience in corporate governance, finance, operations, and technology [1][4]. - Christian Weedbrook and Bill Fradin will also serve on the board post-combination [2]. Individual Nominee Backgrounds - **Glenda Dorchak**: Former CEO and Chairman with experience at IBM, Intel, and Spansion, currently serves on boards of GlobalFoundries and Cerebras [6][7]. - **Eliot Pence**: Founder of Dominion Dynamics, previously led global growth at Anduril Industries, focusing on defense technology [10][11]. - **Michelle Reynolds**: Chief Accounting Officer at Reddit, with expertise in IPOs, financial reporting, and public company leadership [12][13]. - **The Honorable Heidi Shyu**: Former U.S. Under Secretary of Defense for Research & Engineering, recognized for her leadership in defense technology [15][16].
Nexalin Participates in and Commends Recent Congressional Momentum Supporting Deep Brain Neurostimulation Research for Veterans and Neurological Disorders
Globenewswire· 2026-02-23 13:18
Core Insights - The article highlights the increasing federal focus on deep brain neurostimulation as a promising therapy for conditions such as TBI, PTSD, stroke recovery, and Alzheimer's disease, with Nexalin Technology, Inc. playing a significant role in this emerging field [1][4][10] Legislative Developments - Recent bipartisan Congressional initiatives have expanded federal support for deep brain neurostimulation research, particularly through the U.S. Department of Veterans Affairs (VA) and the National Institutes of Health (NIH) [1][4] - H.R. 7091, introduced on January 15, 2026, aims to expand clinical trials for deep brain neurostimulation and establish a compassionate use pathway within the VA system [7] - The Military Construction, Veterans Affairs, and Related Agencies Appropriations Act, 2026, includes provisions for neuromodulation research focused on stroke recovery among veterans, signed into law by President Trump [7] - The Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2026, expands NIH-supported research using deep brain stimulation for Alzheimer's and Parkinson's diseases, also signed into law by President Trump [7] Company Initiatives - Nexalin Technology's DIFS™ technology is recognized as a sophisticated form of non-invasive deep brain neurostimulation and is currently being evaluated in research with UC San Diego and the San Diego VA veterans' community [2][5] - The company is actively engaged in policy advocacy to support the inclusion of deep brain neurostimulation in federal legislation, which has raised awareness of its therapeutic potential among policymakers [8][9] - Nexalin believes that the expanding federal support for neuromodulation research aligns with its strategic focus on developing non-invasive technologies to address significant unmet medical needs [5][9] Market Opportunity - Conditions such as TBI, PTSD, stroke-related neurological impairment, Alzheimer's disease, and Parkinson's disease represent multi-billion-dollar addressable markets with significant unmet medical needs [10] - As federal research initiatives expand, Nexalin is positioned to advance emerging neurostimulation therapies within the VA system and the broader healthcare infrastructure [10][11]
Thirteen Industry Leaders Unite to Define Active Copper Cable Standards
Globenewswire· 2026-02-23 13:15
Core Insights - The Active Copper Cable Multi-Source Agreement (ACC-MSA) has been established to enhance interoperability and innovation in next-generation copper interconnect solutions [1][5] - The consortium aims to address key industry challenges by reducing power, cost, and latency while improving performance for high-speed copper interconnects [1][5] Group 1: Consortium Formation - Thirteen global leaders in networking, semiconductors, and cabling have formed the ACC-MSA, co-chaired by MACOM and Semtech [2] - Founding members include major companies such as AMD, Cisco, Dell Technologies, NVIDIA, and others [2] Group 2: Technical Focus - The initial focus of the ACC-MSA is on optimized copper interconnects featuring integrated linear equalizers [3] - Specifications will cover electrical, firmware, and testing requirements to ensure interoperability among various vendors [3] Group 3: Industry Impact - The integration of linear equalizers is expected to extend the reach of copper cabling, reduce thickness, and lower power consumption and latency compared to traditional DSP-based solutions [4] - AI hardware infrastructure spending is projected to exceed $1 trillion by 2029, with networking infrastructure nearing $200 billion, highlighting the importance of ACCs in future deployments [4]
Ocean Power Technologies Provides Operational Update on Global Deployments and Infrastructure Development
Globenewswire· 2026-02-23 13:15
Core Insights - Ocean Power Technologies, Inc. (OPT) has provided an operational update showcasing its advancements in offshore autonomy infrastructure and global deployments [1] Group 1: Operational Developments - The company has shipped a WAM-V, an autonomous surface vehicle, to Greece to support customer operations, expanding its international operational footprint in defense and commercial maritime markets [2] - OPT has transitioned its integrated docking and charging program from prototype to full-scale build, which includes autonomous docking and redeployment capabilities [2] - Orders have been placed for components to support system integration and open-water validation, with a target to launch its first early access commercial solution in 2026 [3] Group 2: Technological Advancements - The company is advancing its autonomous navigation and control capabilities through collaboration with Mythos AI, enhancing perception, decision-making, and functionality for reliable maritime operations [4] - The focus remains on disciplined execution across deployments, government programs, and infrastructure development to support scalable maritime autonomy for defense and commercial customers [5] Group 3: Company Overview - Ocean Power Technologies provides intelligent maritime solutions for various sectors, including defense, oil and gas, and offshore wind, with products like PowerBuoy platforms and WAM-V unmanned surface vehicles [6]
Lead Real Estate Co., Ltd Announces Completion of NAOI STYLE NAKAMEGURO YUTENJI 1-CHOME Single-Family Home in Tokyo
Globenewswire· 2026-02-23 13:15
Core Viewpoint - Lead Real Estate Co., Ltd has successfully completed its luxury single-family home project, Naoi Style Nakameguro Yutenji 1-Chome, in Tokyo, marking a significant milestone in its development strategy within the luxury residential market [1][7]. Company Overview - Lead Real Estate Co., Ltd is a Japanese real estate developer specializing in luxury residential properties, including single-family homes and condominiums, primarily in Tokyo, Kanagawa prefecture, and Sapporo [1][8]. - The company also operates extended-stay hotels under the ENT TERRACE brand and leases apartment units in Japan and Dallas, Texas [1][8]. Project Details - The Naoi Style Nakameguro Yutenji 1-Chome project is a three-story wooden residence built on a land parcel of approximately 120.17 square meters (about 1,293 square feet) with a total floor area of approximately 182.73 square meters (about 1,967 square feet) [3]. - The residence features a built-in two-car garage and incorporates modern amenities such as solar panels, a mist sauna, underfloor heating, and a whole-home security system [4]. Location and Community - The property is situated in Yutenji 1-Chome, Meguro, close to Nakameguro Station and Yutenji Station, providing convenient access to major transportation lines [6]. - The Yutenji area is characterized by low-rise zoning and includes various independently operated retail and dining establishments, contributing to a pedestrian-friendly environment [6]. Management Commentary - Eiji Nagahara, CEO of Lead Real Estate, emphasized the company's commitment to disciplined development and project delivery in the luxury single-family home segment in central Tokyo [7].