Stingray Launches a Co-Branded Music, Podcast and Radio Solution, Debuting with BYD to Power the Ultimate In-Car Entertainment Experience
Globenewswire· 2025-12-10 15:00
MONTREAL, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Stingray (TSX: RAY. A; RAY.B), an industry leader in music and video content distribution, business services, and advertising solutions, today announced the launch of a co-branded music, podcast and radio solution for automakers worldwide. The service will debut as BYD Audio by Stingray in a unique partnership with BYD, a world-leading manufacturer of new energy vehicles. This launch is one of several automotive OEM deals underway and further strengthens Stingray’ ...
Kruger Products Closes Senior Unsecured Notes Financing
Globenewswire· 2025-12-10 14:52
NOT FOR DISTRIBUTION TO NEWSWIRE SERVICES IN U.S. OR FOR DISSEMINATION IN U.S. MISSISSAUGA, Ontario, Dec. 10, 2025 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) announced today that Kruger Products Inc. (“KPI”) has closed its previously announced offering of senior unsecured notes. KPI issued CDN $165 million principal amount of 6.250% Senior Unsecured Notes (the “Notes”) due December 10, 2032 by way of private placement (the “Offering”). Interest on the Notes is payable semi-annually in arrears on Ju ...
Almonty Industries Inc. Announces Closing of Upsized US$129,375,000 Underwritten Offering of Common Shares in the United States Including Full Exercise of Over-Allotment Option
Businesswire· 2025-12-10 14:46
TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty†or the "Company") (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, announced today the closing of its previously announced upsized underwritten offering of common shares (the "Common Shares†), including the full exercise of the underwriters' over-allotment option (the "Over-Allotment Option†), for aggregate gross proceeds of US$129,375,000 (the "Offering†). The syndicate of unde. ...
Resolutions supplemented by the Extraordinary General Meeting of Shareholders of Rokiskio suris AB convened on 10 December 2025
Globenewswire· 2025-12-10 14:41
Resolutions supplemented by the Extraordinary General Meeting of Shareholders of Rokiskio suris AB convened on 10 December 2025: The following members elected to the Board of Directors of AB Rokiškio sūris for a term of 4 (four) years: Antanas Trumpa (former Board Chairman), Jonas Vaičaitis (independent member), Paul M Campbell (independent member), Ligita Trumpaitė – Lumpickienė (UAB Rokiškio pieno gamyba Director of Production & Administration), Rita Trumpaitė – Vanagienė (Entrepreneur, Doctor of Medical ...
NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Common Share
Globenewswire· 2025-12-10 14:35
Core Viewpoint - NewtekOne, Inc. has declared a quarterly cash dividend of $0.19 per share, payable on January 2, 2026, to shareholders of record as of December 22, 2025 [1] Company Overview - NewtekOne, Inc. is a financial holding company that provides a wide range of business and financial solutions to independent business owners across all 50 states since 1999 [3] - The company aims to help businesses grow sales, control expenses, and reduce risk through state-of-the-art, cost-efficient products and services [3] Business Solutions Offered - NewtekOne and its subsidiaries offer various solutions including: - Banking services through Newtek Bank, N.A. - Business Lending and SBA Lending Solutions - Electronic Payment Processing and eCommerce - Accounts Receivable Financing and Inventory Financing - Insurance Solutions, Web Services, and Payroll and Benefits Solutions - Technology Solutions such as Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting, and Web Services provided by Intelligent Protection Management Corp. [4]
RedCloud Signs Joint Venture To Transform $166Bn Turkish FMCG Market
Globenewswire· 2025-12-10 14:35
Core Insights - RedCloud Holdings plc has signed a joint venture to deploy its RedAI platform in Türkiye, with a minimum contract value of $5 million per year over ten years, targeting the $166 billion Fast Moving Consumer Goods (FMCG) market [1][12] - The Turkish FMCG market is estimated to have a $22 billion inventory gap due to systemic inefficiencies and outdated practices [2][12] - The joint venture aims to enhance supply chain efficiency and economic growth in Türkiye by leveraging AI technology [4][5] Company Overview - RedCloud's mission is to build intelligent infrastructure for global trade through its RedAI platform, which aggregates proprietary trading and market data [9] - The company reported a full-year 2024 revenue of $46.5 million, reflecting a 135% year-over-year growth, with a Total Transaction Value (TTV) of $2.5 billion processed [5] - RedCloud's platform traded 184,731 products from 6,765 FMCG brands across high-growth markets, serving various retail and hospitality sectors [6] Market Position - The joint venture in Türkiye follows a similar partnership in Saudi Arabia, indicating RedCloud's strategy to scale its AI-powered trading technology globally [4] - RedCloud Türkiye will be headquartered in Istanbul and is expected to launch operations in Q1 2026 [3] - The company aims to provide improved supply chain insights to retailers and critical market data to manufacturers and distributors, enhancing overall market performance [4]
VEON's Rising Capital Markets Profile Strengthened by Inclusion in Key Global Indices
Globenewswire· 2025-12-10 14:30
Core Insights - VEON Ltd. has been included in two major international equity indices, enhancing its visibility and accessibility to global institutional investors [1][2][3] Group 1: Inclusion in Indices - VEON has been added to the S&P Global Broad Market Index (BMI), which includes over 11,000 companies across developed and emerging markets [2] - The company was also selected for the revised MSCI Ukraine Index, highlighting its role as a leading publicly listed company in the Ukrainian economy [3] Group 2: Company Performance and Strategy - The inclusion in these indices reflects VEON's growing scale, operational momentum, and strengthened financial profile, broadening its reach to institutional investors [4] - VEON continues to deliver robust revenue and profit growth, improve operational efficiency, and accelerate its digital operator strategy [5] Group 3: Investor Engagement - The company is committed to maintaining high-quality disclosures and deepening investor understanding of its digital operator model [6] - VEON will actively engage with market participants, including index providers and institutional investors, to ensure transparent communication of its strategy and performance [5]
Rapala VMC Corporation adds Q1 and Q3 business reviews to its financial reporting in 2026
Globenewswire· 2025-12-10 14:30
Core Points - Rapala VMC Corporation will transition to quarterly financial reporting starting in 2026 [1][2] - The company will implement a 30-day silent period prior to the release of its financial results [2] - The Financial Statements and Board of Directors' Report for 2025 will be published on April 8, 2026 [3] Financial Calendar - Financial Statement Release for 2025 is scheduled for March 11, 2026 [5] - Business Review for Q1 2026 will be published on May 13, 2026 [5] - Half-Year Financial Report for January-June 2026 is set for August 20, 2026 [5] - Business Review for Q3 2026 will be released on October 29, 2026 [5] Company Overview - Rapala VMC Group is the world's leading fishing tackle company with a significant distribution network [4] - The Group reported net sales of EUR 221 million in 2024 and employs approximately 1,400 people across 40 countries [4] - The company is listed on the Nasdaq Helsinki stock exchange since 1998 [4]
MBAK Energy Solutions, Inc. (OTC:MBAK) begins delivery to Indian Customers – part of $65 Million in 2026 Order fulfillment
Globenewswire· 2025-12-10 14:23
Core Insights - MBAK Energy Solutions, Inc. has commenced delivery on $65 million in production orders for 2026, including contracts for the Indian power grid and electric personal transports [1] - The company is focused on renewable energy solutions, particularly through its Battery Energy Storage System (BESS) contract aimed at enhancing India's energy production capacity [1] - Demand for MBAK's electric two-wheelers remains robust across Europe, India, and Africa, attributed to the company's innovation and quality [2] Group 1 - MBAK Energy Solutions has secured $65 million in production orders for 2026, which includes BESS for the Indian power grid and battery cells for data centers [1] - The BESS contract supports India's initiative to boost renewable energy generation and storage capacity [1] - The company is receiving inquiries from power providers and commercial users in both regional and North American markets [1] Group 2 - The demand for MBAK's mobility products, particularly electric two-wheelers, is strong due to the company's reputation for innovation, reliability, safety, and quality [2] - MBAK specializes in the development and manufacturing of non-fossil fuel energy products, including lithium, sodium, and solid-state batteries for various applications [2]
ECD Automotive Design Helps 14-year old In Fulfilling His “Little Blue Truck Project” Dream
Globenewswire· 2025-12-10 14:20
Core Insights - ECD Automotive Design is supporting a young enthusiast named Victor in his project to transform a vintage Series Land Rover into an overland vehicle, aiming to inspire positive moments during the holiday season [2][3] Company Overview - ECD Automotive Design specializes in restoring luxury vehicles, combining classic aesthetics with modern performance, and operates from a 100,000-square-foot facility in Kissimmee, Florida [11] - The company was founded in 2013 by three British automotive enthusiasts and employs 95 skilled workers, holding a total of 80 ASE certifications [11] Project Details - The "Little Blue Truck Project" involves Victor fully rebuilding a 1963 Land Rover Series 2a, with plans to complete the project over two years for a 2,100-mile family adventure, predominantly off-road [3][9] - Victor is funding the project through merchandise sales, including T-shirts and stickers he designed, with all proceeds directed towards the vehicle build [4][9] Community and Character - Victor's story highlights his character traits such as kindness and maturity, exemplified by his efforts to befriend a new classmate and learn Spanish to help her [6] - ECD's support for Victor includes a surprise Christmas gift of painting the vehicle in his dream color and contributing over $500 for essential parts [7] Industry Perspective - The project aims to inspire others to embrace creativity and determination, showcasing that even a teenager can achieve significant dreams with support and community involvement [10] - ECD's CEO emphasizes the importance of celebrating passion and craftsmanship, encouraging a revival of hands-on vehicle building experiences [8]