Off The Hook Yachts Expands into the Caribbean & Latin America Through Strategic Agreement with Puerto Rico’s CFR Yacht Sales
Globenewswire· 2026-01-26 13:30
Part of Company’s national and global expansion strategy to drive substantial year-over-year revenue growth Wilmington, NC, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Off The Hook YS Inc. (NYSE American: OTH) (“Off the Hook Yachts” or “Off the Hook” or “the Company”), America’s largest buyer and seller of pre-owned boats, today announced a strategic partnership with CFR Yacht Sales, a leading yacht dealer and brokerage based in San Juan, Puerto Rico. The agreement represents an important step in Off The Hook’s expan ...
Obagi Medical and Platinum Dermatology Partners Announce Collaboration in the ALOHA Program to Drive Real-World Evidence for Obagi® saypha® MagIQ™
Globenewswire· 2026-01-26 13:26
Core Insights - Obagi Medical has selected Platinum Dermatology Partners as the first partner for its ALOHA Program, emphasizing a commitment to clinical evidence and practice dissemination [1][5] Company Overview - Obagi Medical is a leading innovator in physician-dispensed skincare and aesthetic solutions, part of Waldencast plc, with over 35 years of experience in advanced skincare [6] - Platinum Dermatology Partners operates over 120 locations with nearly 400 providers across multiple states, focusing on exceptional dermatology practices [7] - Waldencast plc aims to build a global beauty and wellness platform by developing and scaling purpose-driven brands [8] Partnership Details - The partnership aims to generate real-world data to translate clinical safety and efficacy from FDA trials into everyday practice [2] - The ALOHA Real-World Program will provide hands-on experience with Obagi saypha MagIQ, enhancing patient satisfaction and provider relationships [3] - Initial findings from the program will be presented at the annual Platinum Summit and key industry conferences to showcase the product's real-world impact [4] Product Information - Obagi saypha MagIQ™ utilizes proprietary MACRO Core Technology for a stable hyaluronic acid matrix, designed for natural-looking results and high performance [5]
NETSOL Technologies Appoints Sardar Abubakr as Chief Financial Officer; Roger K. Almond to Serve as Chief Accounting Officer
Globenewswire· 2026-01-26 13:25
Core Insights - NETSOL Technologies, Inc. has appointed Sardar Abubakr as Chief Financial Officer effective January 20, 2026, based in Dubai, UAE [1] - Current CFO Roger K. Almond will transition to Chief Accounting Officer, overseeing global accounting operations and SEC filings [2] Group 1: Leadership Appointment - Sardar Abubakr brings over 20 years of international leadership experience in finance, strategy, digital transformation, M&A, and operations [3] - His recent role was Vice President of New Business Ventures and M&A at Jazz, where he led strategic transactions and restructuring [3][4] - Abubakr has a history of advancing digital and financial transformation initiatives and has received a Global Innovation Award from the ITU [4] Group 2: Company Strategy and Vision - The appointment of Abubakr is seen as pivotal for NETSOL's growth, with a focus on scaling operations and enhancing financial performance [5] - The company emphasizes the importance of regional leadership teams in supporting the transition and strengthening financial operations [5] - NETSOL is recognized for its innovative solutions in the asset finance and leasing industry, serving clients across over 30 countries [6]
Verde AgriTech Reports New Best Intercept: 13.0 m at 0.83% TREO including 8.0 m at 1.01% TREO; 25% of Drilled Metres ≥0.40% TREO
Globenewswire· 2026-01-26 13:21
Core Insights - Verde AgriTech Ltd. has reported promising assay results from its drilling program at the Minas Americas Global Alliance Project in Brazil, indicating significant potential for rare earth element (REE) discoveries [1][2]. Drilling Results - The first drilling target (PT-34) has shown shallow thickness, repeated high grades, and a magnet-rich rare earth basket, with significant intercepts extending across multiple holes [2]. - A total of 27 holes have been drilled, totaling 279.8 meters, with assays from 24 additional holes reported, bringing the total to 280 assayed intervals [2][8]. - Notable intercepts include a new best of 13.0 meters averaging 8,257 ppm (0.83%) TREO and 2,004 ppm (0.20%) MREO, with peak grades reaching 13,453 ppm (1.35%) TREO and 3,836 ppm (0.38%) MREO [8]. Resource Expansion and Technical Disclosure - The Board has approved the expansion of the resource definition footprint and additional drilling to better outline the district-scale potential of the Project [2]. - The Company is preparing technical disclosures under Canadian NI 43-101 and U.S. SEC Regulation S-K Subpart 1300, enhancing comparability for global investors [2][6]. Economic Assessment and Future Plans - Verde aims to complete a maiden NI 43-101 Mineral Resource Estimate in the first half of 2026 and a Preliminary Economic Assessment (PEA) in the second half of 2026 [6]. - The ongoing work includes drill-based composite metallurgical testing and continued reporting of drill assays and metallurgical results as they become available [5][8]. Significant Intercepts and Grade Distribution - Of the 279.8 meters drilled at PT-34, 71.2 meters (25.4%) returned grades of ≥0.40% TREO, with 8.0 meters (2.9%) returning grades of ≥1.00% TREO [10]. - The distribution of magnet rare earths strengthens with grade, with MREO averaging ~23% of TREO in intervals ≥0.40% TREO, rising to ~26% in intervals ≥1.00% TREO [8].
MACOM Promotes Two Senior Leaders
Globenewswire· 2026-01-26 13:15
Core Insights - MACOM Technology Solutions Holdings, Inc. has announced the promotions of two senior leaders to the Senior Vice President level, aimed at strengthening its management team and enhancing strategic corporate initiatives for growth and customer service [1] Group 1: Promotions and Leadership - Stephen Ferranti has been promoted to Senior Vice President of Corporate Development and Investor Relations, bringing extensive experience in corporate development, marketing, and investor relations since joining MACOM in 2016 [2] - Dr. Gregg Jessen has been promoted to Senior Vice President of Advanced GaN Technology, with a strong background in R&D leadership in microelectronics and significant contributions to RF GaN technology since joining MACOM in 2022 [3] Group 2: Company Overview - MACOM designs and manufactures semiconductor products for various applications, including telecommunications, industrial, defense, and data centers, with headquarters in Lowell, Massachusetts [4]
Vornado JV Completes $250 Million Refinancing of 7 West 34th Street
Globenewswire· 2026-01-26 13:14
Core Viewpoint - Vornado Realty Trust has successfully refinanced a $250 million loan for a Manhattan office building fully leased by Amazon, indicating a strategic financial maneuver to improve its capital structure and reduce debt obligations [1][2]. Group 1: Refinancing Details - The joint venture reduced the previous $300 million loan by $50 million, which was fully recourse to Vornado and had an interest rate of 3.65% [2]. - The new loan is a non-recourse, five-year interest-only loan with a fixed interest rate of 5.79%, maturing in February 2031 [1]. Group 2: Property Information - The property involved in the refinancing is a 477,000 square foot Class A office building located at 7 West 34 Street in Manhattan [1]. - Amazon is the sole tenant occupying all the office space at this property, highlighting the significance of the tenant's stability for Vornado's revenue [1]. Group 3: Company Overview - Vornado Realty Trust operates as a fully-integrated equity real estate investment trust (REIT), focusing on the ownership and management of commercial real estate [2].
SciSparc Successfully Completes Acquisition of IP Portfolio, Advances Toward Immediate Commercialization
Globenewswire· 2026-01-26 13:13
Core Insights - SciSparc Ltd. has acquired an IP portfolio from Xylo Technologies, including the MUSE™ system, targeting the global multi-billion dollar GERD device market [1][4] - The MUSE™ system is designed for transoral fundoplication, a minimally invasive procedure for treating gastroesophageal reflux disease (GERD) [2] - SciSparc plans to commercialize these technologies immediately and aims for rapid market penetration and revenue generation [2] Market Opportunity - The global GERD device market was valued at approximately $2.5 billion in 2024 and is projected to reach $3.03 billion by 2030, with a CAGR of 3.24% from 2025 to 2030 [5] - SciSparc intends to replicate Xylo's successful commercialization model from Greater China in high-growth regions like North America, Europe, and Latin America [3] Acquisition Details - SciSparc acquired the complete portfolio of patents and related intellectual property rights associated with the MUSE™ system, issuing shares that represent 19.99% of its outstanding share capital to Xylo [4]
Sampo plc applies for delisting of its Swedish Depositary Receipts and listing of its A share on Nasdaq Stockholm
Globenewswire· 2026-01-26 13:10
Core Viewpoint - Sampo plc is transitioning from its Swedish Depositary Receipt (SDR) arrangement to a direct listing of its A shares on Nasdaq Stockholm, aiming to enhance trading efficiency and accessibility for investors [2]. Group 1: Delisting and Listing Process - Sampo has submitted applications for the delisting of its SDRs and for the admission of its A shares to trading on Nasdaq Stockholm [2]. - The last day of trading for the SDRs is expected to be around 13 February 2026, with the first day of trading for the A shares anticipated on or about 16 February 2026 [3]. - The record date for SDR conversion is set for approximately 17 February 2026, and A shares will be delivered to SDR holders around 19 February 2026 [3]. Group 2: Communication and Information - The company emphasizes that the information provided does not constitute an offer to sell or solicit offers to buy any shares or securities in various jurisdictions, including the United States and several other countries [4][5][6]. - Sampo reserves the right to amend the proposed dates for the transition and will announce any changes through a stock exchange release [3].
Milestone Pharmaceuticals Announces U.S. Availability of CARDAMYST™ (etripamil) Nasal Spray, the First and Only FDA-Approved Self-Administered Treatment for Adults with Paroxysmal Supraventricular Tachycardia (PSVT)
Globenewswire· 2026-01-26 13:00
CARDAMYST is now conveniently available to patients through retail pharmaciesNational sales force hired with promotional launch in mid-FebruaryExpected $25 copay cap for eligible commercially insured patientsLaunch supported by comprehensive patient assistance program offering benefits verification and reimbursement support MONTREAL and CHARLOTTE, N.C., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Milestone Pharmaceuticals Inc. (Nasdaq: MIST) today announced that CARDAMYST™ (etripamil) nasal spray, its first commerc ...
Pan American Energy Announces Planned Winter Drill Program at the Tharsis Project, Northwest Territories
Globenewswire· 2026-01-26 13:00
Winter drilling to provide first core-based test of priority REE–Nb targets identified by geophysicsCALGARY, Alberta, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTC: PAANF | FRA: SS6) (“Pan American” or the “Company”) is pleased to announce that it intends to carry out a winter diamond drilling program at its optioned Tharsis Project in the Northwest Territories (the “NWT”). The Tharsis Project covers the Squalus Lake Alkaline Complex, a Proterozoic, multi-phase alkaline intrus ...