YY Group Acquires Uniforce Security with US$6.4 Million Revenue, Entering Singapore's US$88 Billion Security Market
GlobeNewswire News Room· 2025-06-05 12:00
Singapore , June 05, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group", "YYGH", or the "Company"), is pleased to announce the acquisition of Uniforce Security Pte Ltd (UFS), marking a pivotal step in expanding the Company's Integrated Facility Management (IFM) division. This strategic acquisition underscores the Company's commitment to delivering comprehensive, cutting-edge solutions to clients worldwide. Unlocking Synergies Across Divisions The acquisition of UFS not only strengt ...
Aventis Energy Announces Intent to Complete NI 43-101 Technical Report on the Corvo Uranium Project
Globenewswire· 2025-06-05 12:00
VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- Aventis Energy Inc. ("Aventis" or the "Company") (CSE: AVE | FRA: C0O0 | OTC: VBAMF) is pleased to announce that it has contracted Axiom Exploration Group Ltd. ("Axiom") to complete a Technical Report (the "Report") in accordance with National Instrument 43-101 on the Corvo Uranium Project ("Corvo" or the "Project") located along the eastern margin of the Athabasca Basin, northern Saskatchewan, Canada. Axiom combines geoscience technology and au ...
ZimVie Announces Launch of RealGUIDE® Dental Implant Software Suite and Implant Concierge® Service in Japan
Globenewswire· 2025-06-05 12:00
Implant Concierge is a virtual outsourcing service that simplifies and streamlines implant treatment planning and guided surgery. A user-friendly platform with no upfront investment, it consolidates essential services to reduce complexity and accelerate case turnaround. The solution is fully scalable to support high-volume practices and seamlessly integrates with dental laboratories, ensuring a smooth workflow from start to finish. Together, an expert team of treatment planners, designers, and guided surger ...
La Rosa Holdings Corp. to Expand into Valencia and Canary Islands, Spain following Successful Events in Málaga and Madrid
Globenewswire· 2025-06-05 12:00
Celebration, FL, June 05, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a real estate and PropTech company, today announced further progress in its international expansion strategy, following successful participation in SIMA Madrid and the International Real Estate Congress in Málaga. The Company has established a subsidiary to act as a representative office in Madrid as part of its initial steps to develop La Rosa Realty España brand. Such subsidiary is curren ...
IMUNON to Present at the Zacks SCR Life Sciences Virtual Investor Forum on June 12th
Globenewswire· 2025-06-05 12:00
LAWRENCEVILLE, N.J., June 05, 2025 (GLOBE NEWSWIRE) -- IMUNON, Inc. (NASDAQ: IMNN), a clinical-stage company in Phase 3 development with its DNA-mediated immunotherapy, today announced that Stacy Lindborg, Ph.D., President and Chief Executive Officer of Imunon, will present at the Zacks SCR Life Sciences Virtual Investor Forum on Thursday, June 12, 2025, at 11:30 a.m. ET. Pre-register for Imunon’s virtual presentation at the Virtual Investor Conferences site HERE. This will be a live, interactive online eve ...
NewAmsterdam Pharma to Host R&D Day on June 11, 2025
GlobeNewswire News Room· 2025-06-05 12:00
Company Overview - NewAmsterdam Pharma Company N.V. is a late-stage clinical biopharmaceutical company focused on developing oral, non-statin medicines for patients at risk of cardiovascular disease (CVD) with elevated low-density lipoprotein cholesterol (LDL-C) [1][5] - The company aims to address the unmet need for safe, well-tolerated, and convenient LDL-lowering therapies, particularly for patients who do not respond adequately to existing treatments [5] R&D Day Announcement - NewAmsterdam will host an R&D Day event for analysts and investors on June 11, 2025, at 9:00 a.m. ET in New York City [1] - The event will feature key members of the management team, including the CEO and Chief Scientific Officer [2] Obicetrapib Development - Obicetrapib is a novel, oral, low-dose CETP inhibitor being developed by NewAmsterdam to improve LDL-lowering treatment outcomes [4] - The company has conducted multiple Phase 2 and Phase 3 trials, demonstrating statistically significant LDL-lowering effects with a side effect profile similar to placebo [4] - The Phase 3 PREVAIL CVOT trial, which commenced in March 2022, has enrolled over 9,500 patients to assess obicetrapib's potential in reducing major adverse cardiovascular events (MACE) [4] Commercialization Rights - The commercialization rights for obicetrapib in Europe have been exclusively granted to the Menarini Group, a leading international pharmaceutical and diagnostics company [4]
ZJK Industrial Co., Ltd. Ramps Up Production to Support Nvidia’s B40 Project, Expecting Significant YoY Revenue Growth
Globenewswire· 2025-06-05 12:00
Company Overview - ZJK Industrial Co., Ltd. is a high-tech precision parts and hardware manufacturer focused on sectors such as artificial intelligence infrastructure, consumer electronics, electric vehicles, and aerospace [4] - The company specializes in manufacturing precision fasteners, structural parts, and other precision metal components, with a strong emphasis on innovation and manufacturing excellence [4] Market Development - ZJK is ramping up production to meet the increasing demand from Nvidia's B40 project, which is a customized AI accelerator targeting the Chinese market [1][2] - The B40 chip is based on Nvidia's Blackwell architecture and aims at the mid-to-high-end market segment, with mass production expected to start as early as June 2025 [2] Growth Potential - The CEO of ZJK highlighted that the B40 project presents significant market advantages and is expected to complement Nvidia's RTX Pro 6000 workstation graphics cards [3] - Supply chain forecasts predict that B40 chip shipments could exceed one million units by the end of 2025, indicating substantial growth potential for ZJK as a supplier to Nvidia [3] - The company anticipates significant year-over-year revenue growth from this initiative, driven by the expanding AI sector [3]
EuroDry Ltd. Reports Results for the Quarter Ended March 31, 2025
Globenewswire· 2025-06-05 12:00
Core Viewpoint - EuroDry Ltd. reported a challenging first quarter of 2025, with significant declines in revenues and profitability due to low charter rates and market volatility, particularly influenced by external economic factors and geopolitical tensions [4][6][9]. Financial Performance - Total net revenues for Q1 2025 were $9.2 million, a decrease of 36.2% compared to $14.4 million in Q1 2024 [6][9]. - The average time charter equivalent rate dropped by 42.5% to $7,167 per day in Q1 2025 from $12,455 per day in Q1 2024 [6][9]. - Adjusted EBITDA for Q1 2025 was $(1.0) million, down from $2.1 million in Q1 2024 [8][17]. - The net loss attributable to controlling shareholders was $3.7 million, or $1.35 loss per share, compared to a net loss of $1.8 million, or $0.65 loss per share, in the same period of 2024 [16][18]. Operational Insights - The company operated an average of 12.8 vessels in Q1 2025, compared to 13.0 vessels in Q1 2024 [9][23]. - Vessel operating expenses increased to $6.6 million in Q1 2025 from $6.2 million in Q1 2024, primarily due to higher costs for spare parts and maintenance [7][10]. - The fleet utilization rate was 97.4% in Q1 2025, slightly down from 98.1% in Q1 2024 [24]. Strategic Decisions - The company opted not to lock vessels into longer duration charters at unprofitable levels, instead pursuing short-term trip charters to capitalize on potential market recoveries [5]. - EuroDry sold the M/V Tasos for approximately $5 million, resulting in a gain on sale of $2.1 million [13]. Market Conditions - The charter market was described as the lowest since the early COVID pandemic, with a slight rebound in April and May that was insufficient to restore profitability [4]. - The demand side of the supply/demand equation remains volatile, influenced by the steel industry's weakness and economic growth uncertainties in China, as well as ongoing geopolitical conflicts [4]. Fleet Profile - EuroDry's fleet consists of 12 vessels with a total cargo capacity of 843,402 dwt, including 4 Panamax, 5 Ultramax, and 2 Kamsarmax drybulk carriers [57]. - Two Ultramax vessels are under construction, expected to be delivered in 2027, which will increase the fleet to 14 vessels with a total capacity of 970,402 dwt [21][57].
Alstom S.A: 10 July 2025 Combined Shareholders’ Meeting - Availability of the preparatory documents
Globenewswire· 2025-06-05 11:49
5 June 2025 – ALSTOM’s shareholders are invited to participate in the Combined Shareholders’ Meeting of 10 July 2025 (the “Meeting”) which will take place at 2:00 PM at 28, avenue George V (“Châteauform’ Le 28 George V”) 75008 Paris. The Meeting will be broadcasted live and in full on the Company’s website (www.alstom.com). This broadcast will also be available on the Company’s website on a deferred basis within the timeframes provided for by applicable regulations. The prior notice of the Meeting, which ...
Kaldvík AS: Mandatory notifications of trade and share lending
Globenewswire· 2025-06-05 11:44
Frøya, Norway, 5 June 2025: Reference is made to the stock exchange announcement made by Kaldvík AS ("Kaldvík" or the "Company") earlier today (the "Announcement"), regarding the successful completion of a private placement (the "Private Placement") of new shares in the Company raising gross proceeds of approximately NOK 532 million, equal to approximately EUR 46.2 million. In connection with the Private Placement, the following transactions have been made by close associates of the Company's primary inside ...