Core Viewpoint - Abony Acquisition Corp. I successfully closed its initial public offering (IPO) of 23,000,000 units at a price of $10.00 per unit, including an over-allotment of 3,000,000 units, with each unit comprising one Class A ordinary share and one-third of a redeemable warrant [1][2] Group 1: IPO Details - The units began trading on the Nasdaq under the ticker symbol "AACOU" on February 19, 2026, with plans for separate trading of Class A ordinary shares and warrants under the symbols "AACO" and "AACOW" respectively [2] - The IPO generated gross proceeds of $230,000,000, which was placed in trust, with each unit sold in the public offering priced at $10.00 [3][4] Group 2: Private Placement - Concurrently, the company closed a private placement of 695,000 units at $10.00 per unit, resulting in gross proceeds of $6,950,000, with Abony Sponsor I LLC purchasing 465,000 units and BTIG, LLC purchasing 230,000 units [3] - Each private placement unit also consists of one Class A ordinary share and one-third of a redeemable warrant, similar to the public offering [3] Group 3: Business Strategy - Abony Acquisition Corp. I is a blank check company aiming to effect a business combination with one or more businesses, focusing on targets with an enterprise value of approximately $750 million to $1.5 billion, particularly in sectors like defense technology, advanced computing, software, and media [5]

Core Viewpoint - Electra Battery Materials Corporation has increased its At the Market Offering Program to allow for the sale of common shares totaling up to US$25,000,000, which will be used for working capital and general corporate purposes, including the commissioning of its cobalt sulfate refinery in Ontario, Canada [1][4]. Group 1: Offering Details - The At the Market Offering Program allows Electra to sell common shares at its discretion through H.C. Wainwright & Co., LLC [1]. - The total offering amount includes US$5,500,000 previously sold under the same agreement [1]. - The offering is registered under the Securities Act of 1933 and was declared effective by the SEC on December 11, 2025 [2]. Group 2: Sales Mechanism - Sales of common shares will occur as "at-the-market offerings" on the Nasdaq Capital Market, with prices varying based on market conditions at the time of sale [3]. - No shares will be sold on the TSX Venture Exchange or any other Canadian trading market [3]. Group 3: Use of Proceeds - The net proceeds from the ATM will primarily be allocated for working capital and general corporate purposes, particularly for the commissioning of the cobalt sulfate refinery [4]. - The company believes its existing cash and liquidity sources will be sufficient to fund the refinery's planned mechanical completion, although these plans may change [4]. Group 4: Company Overview - Electra is focused on advancing North America's critical minerals supply chain for lithium-ion batteries, particularly through the development of its cobalt sulfate refinery [6]. - The company's strategy includes nickel refining and battery recycling, with growth projects in black mass recycling and cobalt production opportunities in Quebec [6].

Core Insights - 22nd Century Group, Inc. ended 2025 with $7.1 million in cash and is debt-free, which supports its transition to growth [1][5] - The company is focusing on the commercial expansion of its VLN brand, which is expected to drive a shift towards higher-margin proprietary branded products [1][3] Preliminary Financial Results - The company anticipates fourth quarter 2025 net revenues of approximately $3.6 million, down from $4.0 million in the third quarter of 2025 [5] - For the full year 2025, net revenues are expected to be around $17.6 million, a decrease from $24.4 million in 2024 [5] - Total cartons shipped in the fourth quarter 2025 were approximately 0.3 million, compared to 0.5 million in the third quarter of 2025 [5] - The expected gross loss for the fourth quarter 2025 is approximately $0.8 million, an improvement from $1.1 million in the third quarter [5] - The expected operating loss for 2025 is $11.6 million, down from $14.0 million in 2024 [5] - Cash and equivalents at year-end were $7.1 million, with zero long-term debt after extinguishing remaining senior secured debt in 2025 [5] Strategic Focus - The company aims to expand VLN product distribution and consumer awareness while maintaining disciplined cost management and capital allocation [3] - The groundwork for growth is being laid following the fourth quarter launch of VLN and Partner VLN brands [3] - The company remains engaged with the FDA and public health stakeholders to drive health and wellness initiatives for smokers [3]

Core Viewpoint - Savara Inc. has announced that the FDA has filed for review the Biologics License Application (BLA) for MOLBREEVI, aimed at treating patients with autoimmune pulmonary alveolar proteinosis (PAP), marking a significant milestone for the company and the autoimmune PAP community [1] Group 1 - The FDA has granted Priority Review for the BLA, with a Prescription Drug User Fee Act (PDUFA) action date set for August 22, 2026 [1] - The filing of the BLA is seen as a step closer to potential approval for a new therapy in the treatment of autoimmune PAP [1]

New York, NY, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Averin Capital Acquisition Corp. (the “Company”) announced today the closing of its initial public offering of 25,000,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $250,000,000. The Company’s units began trading on February 19, 2026 on the Nasdaq Global Stock Market LLC (“Nasdaq”) under the ticker symbol “ACAAU.” Each unit consists of one Class A ordinary share of the Company and one-sixth of one redeemable warrant, wit ...

Core Viewpoint - Ottawa Bancorp, Inc. has extended its standstill agreement with the Stilwell Group, which will now remain effective until the close of business on the date of the Company's 2027 Annual Meeting of Stockholders [1] Group 1: Agreement Details - The original agreement was established on March 20, 2024, and was set to expire at the Company's 2026 Annual Meeting of Stockholders [2] - The Company has agreed to nominate and support Mark D. Alcott for election to the Board of Directors for a term expiring at the 2027 Annual Meeting [3] - The Company will use commercially reasonable efforts to repurchase at least five percent of its outstanding shares during fiscal year 2026, subject to regulatory approvals [3] Group 2: Shareholder Information - The Stilwell Group owns 353,311 shares, representing 15.4% of the Company's common stock, and has regulatory approval to purchase up to 19.99% [4] - During the extended term of the Agreement, the Stilwell Group is restricted from acquiring additional shares, proposing any Company Transactions, or influencing the management of the Company [4] Group 3: Management Commentary - The President and CEO of the Company expressed satisfaction with Mr. Alcott's contributions to the Board and emphasized the commitment to capital management strategies to maximize stockholder value [5] - Mr. Alcott has indicated his eagerness to continue serving on the boards for the benefit of all stockholders [6]

Financial Performance - U.S. Global Investors reported total assets under management (AUM) of approximately $1.5 billion at the end of Q2 fiscal 2026, marking a 12% increase from the prior quarter and a 5% increase year-over-year [1] - Operating revenue rose by $259,000, or 11.5%, compared to the previous quarter, and by $279,000 compared to the same quarter in the previous year [1] - The company's income before taxes was $535,000, a significant improvement from a loss of $116,000 in the same quarter of the previous year [1] Tax and Accounting - The company recorded a tax expense of approximately $1.3 million related to HIVE Digital Technologies Ltd. convertible securities, with an expected offsetting tax benefit of $1.3 million in the following quarter [2] - The effective tax rate for the quarter was elevated due to a non-cash valuation allowance of approximately $471,000 against deferred tax assets [2] Shareholder Initiatives - The company's shareholder yield as of December 31, 2025, was 9.89%, significantly higher than the yields on five-year and ten-year Treasury bonds [3] - A monthly dividend of $0.0075 per share was approved by the Board, starting in January 2026 through March 2026 [3] - The company has a share repurchase program allowing for the annual purchase of up to $5 million of its outstanding common shares, with 262,195 shares repurchased during the last quarter [4] Industry Insights - Air travel demand remained strong in 2025, with a 5.3% increase in passenger demand compared to 2024, despite ongoing capacity constraints [5] - The global passenger load factor reached a record 83.6%, with international demand rising by 7.1% [5][6] - Consumers continue to prioritize experiences, indicating a positive long-term growth potential for the airlines and travel ecosystem [7] Gold Market Trends - Gold demand exceeded 5,000 metric tons for the first time in 2025, with an annual value of approximately $555 billion, up 45% year-over-year [8][9] - Central bank purchases totaled 863 tons in 2025, contributing to gold's record-setting prices [9] - Analysts expect continued support for gold prices due to macroeconomic uncertainty, with Goldman Sachs raising its year-end 2026 gold forecast to $5,400 per ounce [12]

ST. PETERSBURG, Fla., Feb. 20, 2026 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that Troy Crawford, MBA, CPCU, CLU, was appointed as Chief Underwriting Officer of ACIC. Crawford was appointed as Chief Underwriting Officer of AmCoastal in January 2025, overseeing underwriting strategy, risk selection, and portfolio performance a ...

Core Viewpoint - Colliers has successfully amended its revolving credit facility, extending the maturity to February 2031, which enhances its long-term financial flexibility [1][2]. Group 1: Credit Facility Details - The total credit facility remains at US$2.25 billion and now includes a US$250 million accordion feature, providing additional financial flexibility for acquisitions and growth initiatives [2]. - The updated terms of the credit facility include sustainability-linked pricing metrics, reflecting the company's commitment to sustainability goals [2]. Group 2: Management Commentary - The extension and amendment of the credit facility highlight the strength of Colliers' balance sheet and the confidence of its banking partners in its diversified platform and disciplined growth strategy [3]. - The enhanced flexibility will support Colliers' expansion into high-quality, recurring professional services through its acquisition program, which is crucial for long-term success [3]. Group 3: Company Overview - Colliers operates as a global diversified professional services and investment management company, focusing on Commercial Real Estate, Engineering, and Investment Management [4]. - The company has over 30 years of consistent growth, with annual revenues of $5.6 billion, 24,000 professionals, and $108 billion in assets under management [5].

ATHENS, Greece, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (NASDAQ: CCEC), an international owner of ocean-going vessels, today announced that it has successfully priced the offering of €250 million of unsecured bonds to investors in Greece (the “Bonds”) which will be admitted to trading in the category of fixed income securities of the Regulated Market of the Athens Exchange. The Bonds will mature in 2033 and will have a coupon of 3.75%, payable semi-annually. The offering is sub ...