Catheter Precision Announces Strategic Sale of Non-Core Assets to Strengthen Balance Sheet and Accelerate Electrophysiology Growth
Globenewswire· 2026-02-19 13:15
Core Viewpoint - Catheter Precision, Inc. has announced a definitive agreement to divest its atherectomy catheter technologies, enhancing capital efficiency and focusing on its high-growth electrophysiology platform [1][2]. Strategic Rationale - The transaction is expected to accelerate execution across the electrophysiology product portfolio while maintaining exposure to the future commercial success of the divested technologies [4]. Transaction Highlights - The company will receive an upfront cash payment of $15 million upon closing [7]. - It will retain a 5% equity stake in the acquiring company, with anti-dilution protection for up to $5 million of additional equity capital invested [7]. - A ten-year royalty payments agreement will be established, starting with a 1.5% baseline that increases to 3% on quarterly net sales exceeding $5 million [7]. - The transaction is designed to create potential long-term equity upside participation and recurring revenue through performance-based royalties [7]. Company Overview - Catheter Precision is a U.S.-based medical device company focused on advancing the treatment of cardiac arrhythmias through innovative electrophysiology technologies developed in collaboration with leading physicians [5].
EuroHoldings Ltd. Sets Date for the Release of Fourth Quarter 2025 Results, Conference Call and Webcast
Globenewswire· 2026-02-19 13:15
Core Viewpoint - EuroHoldings Ltd. will release its financial results for the fourth quarter ended December 31, 2025, on February 24, 2026, after market closes in New York [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call and webcast on February 25, 2026, at 9:00 a.m. Eastern Time [2] - Participants can join the call by dialing in 10 minutes before the scheduled time using specific numbers [3] - An audio webcast of the conference call will be available live and archived on the company's website [5] Group 2: Company Overview - EuroHoldings Ltd. was incorporated on March 20, 2024, as a holding company for vessel-owning subsidiaries of Euroseas Ltd. [7] - The company began trading on NASDAQ Capital Market under the ticker EHLD on March 18, 2025 [7] - EuroHoldings operates a fleet of three vessels with a total carrying capacity of 90,879 dwt, including two feeder containerships and one product tanker [8]
Rubicon Organics Marks Cascadia Facility Grand Opening with Completion of First Harvest
Globenewswire· 2026-02-19 13:15
Core Insights - Rubicon Organics has completed its first cannabis harvest at the new Cascadia facility, marking a significant operational milestone and demonstrating effective execution [2][3] - The new facility has increased Rubicon's premium production capacity by 40%, allowing the company to better meet domestic and international demand for premium cannabis [2][8] - The Cascadia facility is designed to support advanced cultivation technology and is expected to have an annual production capacity of up to 4,500 kg [4][8] Operational Developments - The facility was acquired in June 2025 and has undergone targeted capital investments, including layout modifications and new grow table installations to enhance efficiency [2][6] - Over 30 operations team members have been onboarded to support the facility's commercial production [2] - Initial harvests from Cascadia are expected to be monetized in Q2, with production quality anticipated to meet flagship-brand standards by mid-2026 [2] Strategic Positioning - Rubicon Organics is positioned as a leader in the premium cannabis segment, with a vertically integrated model and a portfolio of trusted brands [5][6] - The company aims to leverage its proprietary genetics and certifications for international distribution to capture growth in both domestic and export markets [6][7] - The disciplined execution and brand equity of Rubicon Organics contribute to steady revenue growth and positive Adjusted EBITDA [7]
Shark Tank’s Kevin O’Leary, “Mr. Wonderful,” Brings Star Power to Myseum’s Flagship Picture Party Platform
Globenewswire· 2026-02-19 13:15
Core Insights - Myseum, Inc. has launched a promotional video featuring Kevin O'Leary, enhancing visibility for its flagship app, Picture Party [1][2][6] - Picture Party is positioned as a modern solution for sharing event photos in private groups, emphasizing user privacy and ease of use [2][4] - The app allows users to create private, encrypted spaces for sharing photos and videos, supported by a newly granted U.S. patent [5][8] Product Overview - Picture Party is described as a complete personal and private social network, enabling real-time updates and content organization [3][4] - The platform addresses common frustrations associated with photo sharing, such as privacy concerns and cumbersome sharing methods [7][8] - Users can create unlimited Picture Parties, invite participants via various methods, and maintain control over privacy settings [7][8] Strategic Partnerships and Marketing - The collaboration with Kevin O'Leary is part of a broader marketing strategy to increase brand visibility and user adoption [2][6] - Myseum aims to leverage strategic promotional partnerships to accelerate growth and engagement within its ecosystem [6]
GigaCloud Technology Inc to Announce Fourth Quarter and Full Year 2025 Financial Results and Host Conference Call on February 26, 2026
Globenewswire· 2026-02-19 13:05
Core Viewpoint - GigaCloud Technology Inc will report its financial results for Q4 and the full year ended December 31, 2025, on February 26, 2026, before market opening [1] Group 1: Financial Reporting - The financial results announcement will be followed by a conference call on the same day at 8:00 AM Eastern Time to discuss the results [1] - Participants are required to pre-register to receive dial-in information and a unique PIN for the conference call [2] Group 2: Company Overview - GigaCloud Technology Inc specializes in global end-to-end B2B technology solutions for large parcel merchandise [3] - The company's B2B ecommerce platform, the GigaCloud Marketplace, integrates product discovery, payments, and logistics tools into a single platform [3] - GigaCloud connects manufacturers in Asia with resellers in the U.S., Asia, and Europe, facilitating efficient cross-border transactions and scalable growth [3]
Talkspace Announces Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-02-19 13:00
4Q 2025 total revenue grew 29% year-over-year to $63.0 million4Q 2025 net income of $4.8 million and adjusted EBITDA1 of $6.6 million Full-year 2025 total revenue grew 22% year-over-year to $228.9 millionFull-year 2025 net income of $7.8 millionFull-year 2025 adjusted EBITDA1 grew 127% year-over-year to $15.8 million NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Talkspace, Inc. (“Talkspace” or the “Company”) (NASDAQ: TALK), today reported fourth quarter and full year 2025 financial results. Three Months En ...
authID and Berify Selected for Retail Age Verification Platform Deployment Across Secured Government Facilities and Commercial Health & Fitness Locations
Globenewswire· 2026-02-19 13:00
Core Viewpoint - authID has been selected to support the deployment of retail kiosks for age-restricted products in government-secured facilities, integrating its biometric identity authentication technology with the Berify.me platform to ensure compliance and secure user engagement [1][5]. Group 1: Company Overview - authID provides biometric identity authentication solutions, ensuring compliance with age-restricted product regulations while preventing unauthorized access [1][2]. - The company leverages a patented biometric identity platform that boasts a 1-in-1-billion False Positive Rate, enhancing user identity verification accuracy and speed [10]. Group 2: Technology and Implementation - The integration of authID's technology with the Berify.me platform automates identity and document verification, reducing human error and liability risks associated with age verification [3][4]. - The initial deployment phase includes kiosks in secured environments, with plans for expansion into over 5,000 locations in the health and wellness sectors, facilitating compliant distribution of regulated products [6][8]. Group 3: Market Context and Compliance - The regulated product market presents significant compliance challenges, making automated and auditable solutions essential for manufacturers and distributors to avoid penalties [2][7]. - The implementation of biometric identity verification in retail is expected to improve transaction efficiency and accuracy, with potential applications across various regulated industries [8].
Tree Island Steel to Issue Fourth Quarter and Full Year 2025 Financial Results on March 12, 2026
Globenewswire· 2026-02-19 13:00
Company Overview - Tree Island Steel Ltd. is headquartered in Richmond, British Columbia, and has been operational since 1964 [2] - The company produces wire products for various applications, including industrial, residential construction, commercial construction, and agriculture [2] - Product offerings include galvanized wire, bright wire, fasteners (packaged, collated, and bulk nails), stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products [2] - The company markets its products under several brand names, including Tree Island, Halsteel, K-Lath, TI Wire, Tough Strand, and ToughPanel™ [2] Financial Reporting - Tree Island Steel will report its fourth quarter and full year 2025 financial results on March 12, 2026, after market hours [1]
Volatus Aerospace Inc. Announces Investor Briefing on Canada’s Defence Industrial Strategy and Operational Readiness in Sovereign Uncrewed Systems and Provides Corporate Update
Globenewswire· 2026-02-19 13:00
MONTRÉAL, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT | OTCQX: TAKOF | FSE: ABB) (“Volatus” or the “Company”), a Canadian-controlled aerospace and defence platform delivering dual-use uncrewed systems, aerial intelligence, and mission-critical operational services, today announced it will host a virtual investor briefing to discuss Canada’s Defence Industrial Strategy and its implications for Canada’s aerospace and uncrewed systems development. The session will provide investors with ...
Asia Broadband Announces Silver-Backed Token Pre-Registration Now Open and Launch of New GoldAxis Wallet
Globenewswire· 2026-02-19 13:00
LAS VEGAS, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that pre-registration is officially open for the Company’s newly minted AABBS silver-backed digital token. Additionally, AABB’s new next-generation non-custodial GoldAxis Wallet is now available for immediate download, marking a major acceleration in the Company’s vertically integrated precious metals and digital asset strategy. The Company recently completed the minting of over 1.4 ...