MONTREAL and MARLBOROUGH, Mass., June 05, 2025 (GLOBE NEWSWIRE) -- Knight Therapeutics Inc. (TSX: GUD) ("Knight"), a pan-American (ex-USA) specialty pharmaceutical company, and Sumitomo Pharma America Inc. (“SMPA”) announced today that Knight and SMPA’s affiliates have entered into exclusive license and supply agreements to commercialize MYFEMBREE® (relugolix/estradiol/norethindrone acetate), ORGOVYX® (relugolix) and vibegron in Canada, as well as an asset purchase agreement under which Knight will acquire ...

VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce its latest high-grade results from the ongoing surface and underground diamond drilling of the Kora, Kora South, Judd and Judd South deposits in addition to the Kora and Judd Deeps targets at the Kainantu Gold Mine in Papua New Guinea. Multiple high-grade intersections with broadening widths, referred to as dilatant zones, recorded at Kora’s K2 Vein. The int ...

Core Viewpoint - Hyperscale Data, Inc. is expanding its payment options by accepting the $PEPE meme coin on its subsidiary Bitnile.com, enhancing user experience and providing practical applications for meme coins [1][3]. Group 1: Payment Integration - Starting July 1, 2025, $PEPE will be accepted as a payment method on Bitnile.com for purchasing the Nile Package, which includes virtual in-game currency, Nile tokens [1][2]. - The Nile tokens are used for various casino-style social games on Bitnile.com, while Nile sweeps coins, which cannot be purchased, provide sweepstakes entries for potential prizes [2]. Group 2: Promotional Activities - Bitnile.com plans to accept $TRUMP coin starting June 15, 2025, with a promotional offer that triples the number of Tokens and Coins for purchases made with $TRUMP during the first month [3]. Group 3: Company Structure and Operations - Hyperscale Data operates through its subsidiary Sentinum, which runs a data center for mining digital assets and providing colocation and hosting services, particularly for AI ecosystems [5]. - The company intends to divest Ault Capital Group, Inc. (ACG) by December 31, 2025, focusing solely on data center operations and high-performance computing services thereafter [6]. Group 4: Shareholder Information - On December 23, 2024, the company issued one million shares of Series F Exchangeable Preferred Stock to common stockholders, which will be exchanged for shares of ACG during the divestiture [7].

CHANTILLY, Va., June 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that the American Council of Engineering Companies (ACEC) at the national Engineering Excellence Awards (EEA) has awarded the Deer Creek Sanitary Tunnel and Pump Station project a 2025 Honor Award in the Water and Wastewater category. This prestigious recognition highlights Parsons' commitment to delivering transformative engineering solutions that address contemporary challenges and promote a sustainable ...

Hepsor AS, registry code 12099216 (hereinafter the Company), has decided to acquire the minority shareholding in Hepsor Latvia OÜ from the Company's current Latvian Country Manager and future member of the management board of the Company, Martti Krass (through Hugomon OÜ), and to replace it with a shareholding in the Company. The purpose of the transaction is to align the interests of the future member of the management board with the interests of the group as a whole and, accordingly, to bring Martti Krass ...

2025.06-press-annual-report-2024-01 2025.06-press-annual-report-2024-02 2025.06-press-annual-report-2024-03 2025.06-press-annual-report-2024-04 In 2024, Philips Foundation initiated 22 new projects and 5 new impact investments expanding its impact and reach in innovative healthcare delivery to India and South AmericaCelebrating a decade of impact with strong progress towards the Foundation’s 2030 goal to improve access to healthcare for 100 million people in underserved communities a yea ...

Core Insights - ATIF Holdings Limited is expanding into the Bitcoin sector with a five-year plan to accumulate 1,000 BTC through direct purchases and mining operations [1][3] - The company has chosen West Texas for its mining operations due to favorable regulatory conditions, affordable land, and competitive electricity costs [1][2] - The CEO emphasized Bitcoin as a long-term store of value and a strategic asset for growth, highlighting the importance of energy efficiency and sustainable operations in their mining facilities [2] Company Strategy - The company plans to implement a hybrid approach that includes both direct acquisition of BTC in the open market and the establishment of proprietary mining facilities [1][6] - ATIF Holdings aims to optimize cost control and scalability by focusing on energy-efficient mining operations [2] Industry Context - The move into Bitcoin mining represents a significant evolution in ATIF Holdings' business model, showcasing its commitment to innovation and long-term value creation in emerging technologies [3] - The broader industry trend is towards responsible and forward-looking crypto infrastructure development, which aligns with the company's planned operations [2]

SINGAPORE, June 05, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a world-leading Bitcoin miner and mining services innovator, today announced its unaudited financial results for the quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Total revenue was $78.0 million, a decrease of 46.0% from $144.4 million in the same period of 2024. This decrease was primarily attributable to the Bitcoin (“BTC”) mining “halving event” occurred in April 2024, increase i ...

BEIJING, June 05, 2025 (GLOBE NEWSWIRE) -- Yuanbao Inc. (“Yuanbao” or the “Company”) (NASDAQ: YB), a leading technology-driven online insurance distributor in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial and Operational Highlights Total revenues in the first quarter of 2025 were RMB970.1 million (US$133.7 million), representing a 43.8% increase from RMB674.5 million in the same period of 2024.Net income in the first quarter o ...

Core Insights - Duluth Trading Company reported a net loss of $15.3 million for the fiscal first quarter ended May 4, 2025, compared to a net loss of $7.9 million in the same period last year, indicating a significant decline in profitability [7][28] - The company is focusing on business simplification and enhancing brand awareness to drive shareholder value and return to profitable growth [8][5] Financial Performance - Net sales decreased by 12.0% to $102.7 million from $116.7 million in the prior year [9] - Direct-to-consumer net sales fell by 17.1% to $62.6 million, while retail store net sales decreased by 2.6% to $40.2 million [9] - Adjusted EBITDA decreased by $5.6 million to $(3.8) million, representing (3.7%) of net sales [7] - Gross profit margin decreased by 80 basis points to 52.0%, with gross profit declining to $53.4 million from $61.6 million [10] Cost Management - Selling, general and administrative expenses decreased by 6.9% to $65.7 million, but as a percentage of net sales, these expenses increased to 64.0% from 60.5% [11] - The company has initiated expense savings measures to right-size its business [7] Balance Sheet and Liquidity - The company ended the quarter with cash and cash equivalents of $8.6 million and net liquidity of $44.6 million [12] - Total current liabilities increased to $156.9 million from $128.6 million in the prior year [26] Management Strategy - The new CEO, Stephanie Pugliese, emphasized the need for decisive actions to simplify the business and focus on core strengths, including product innovation and customer service [8] - The company is committed to optimizing its product sourcing and fulfillment center network [8] Fiscal Outlook - Duluth Trading is maintaining its previously issued fiscal 2025 financial guidance, with updates to be provided as the macroeconomic environment changes [13]