Trump Media Files Registration Statement for Bitcoin ETF
Globenewswire· 2025-06-05 12:43
Custodied by Crypto.com, ETF to Launch Later This Year SARASOTA, Fla., June 05, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (“Trump Media” or the “Company”), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today the filing with the U.S. Securities and Exchange Commission of the initial registration statement on Form S-1 (the “Registration Statement”) for the Truth Social Bitcoin ETF, B. ...
TOP Ships Inc. Announces Ex-Distribution Date for Planned Spin-Off of Rubico, a New Nasdaq-Listed Suezmax Tanker Company
Globenewswire· 2025-06-05 12:38
Core Viewpoint - TOP Ships Inc. is planning a spin-off of its subsidiary Rubico Inc., which will become an independent publicly-traded company listed on the Nasdaq Capital Market [2][6]. Group 1: Spin-off Details - The spin-off will involve the distribution of 100% of Rubico's common shares to TOP Ships' securityholders of record as of June 16, 2025 [2][3]. - Approximately 3,057,337 Rubico common shares are expected to be distributed at a ratio of one Rubico share for every two TOP Ships shares held [4]. - The NYSE has set June 16, 2025, as the ex-distribution date, meaning TOP Ships shares will trade without entitlement to Rubico shares from that date [3][4]. Group 2: Financial Aspects - Rubico plans to raise $1.5 million through a private placement of its common shares at a price of $20.00 per share [5]. - The spin-off transaction is contingent upon the effectiveness of Rubico's registration statement with the SEC and the approval for listing on the Nasdaq [6]. Group 3: Company Overview - TOP Ships Inc. operates modern, fuel-efficient eco tanker vessels, focusing on the transportation of crude oil, petroleum products, and bulk liquid chemicals [7].
ECD Auto Design and Scheel-Mann Team Up to Elevate Classic Defender Comfort
Globenewswire· 2025-06-05 12:32
Core Insights - ECD Automotive Design is enhancing the classic Defender experience through interior upgrades in partnership with German seat manufacturer Scheel-Mann, focusing on comfort, space, and luxury [3][9]. Group 1: Key Enhancements - The introduction of bespoke Scheel-Mann seating, including the Traveller F series front seat known for its long-haul comfort and orthopedic-grade ergonomics, is now available on ECD builds [5]. - The Scheel-Mann LRD Edition features lift-up seat cushions for easy access to the factory battery and toolboxes, improving roadside service efficiency [6]. - Redesigned center consoles now include integrated cup holders, wireless chargers, and lockable compartments, enhancing functionality and comfort [7]. Group 2: Cabin Optimization - Modifications to the floorplan allow front seats to shift significantly rearward, improving comfort for both drivers and passengers while maintaining rear capacity [8]. - The re-engineered rear tub layout enhances middle-row accessibility and overall cabin flow, addressing long-standing comfort issues [8]. Group 3: Company Overview - ECD Automotive Design, trading under NASDAQ: ECDA, specializes in restoring luxury vehicles, combining classic aesthetics with modern performance [10]. - Each vehicle is bespoke, designed by clients through a luxury design experience, and hand-built over 2,200 hours by master-certified craftsmen [10]. - The company was founded in 2013 and operates from a 100,000-square-foot facility in Kissimmee, Florida, employing 105 skilled workers [10].
Alaris Equity Partners Announces Full Exercise of Over-Allotment Option and Issuance of an Additional $12 Million of Convertible Unsecured Senior Debentures
Globenewswire· 2025-06-05 12:31
Core Viewpoint - Alaris Equity Partners Income Trust has successfully completed an offering of convertible unsecured senior debentures totaling $92 million, including an over-allotment option exercised by underwriters [1][3]. Group 1: Offering Details - The total offering amount of the debentures is $92 million, which includes an additional $12 million from the over-allotment option [1]. - The debentures carry an interest rate of 6.50% per annum, with interest payments scheduled semi-annually starting December 31, 2025, and maturing on June 30, 2030 [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to partially repay outstanding indebtedness under Alaris' subsidiary's senior debt facility, which may be redrawn for future investments or general trust purposes [3]. Group 3: Company Overview - Alaris invests in a diversified group of private businesses primarily through structured equity, aiming to deliver stable and predictable returns to unitholders through cash distributions and capital appreciation [4].
ARKO Corp. Named to Fortune 500 List for Fourth Consecutive Year
Globenewswire· 2025-06-05 12:30
Convenience store operator ranks No. 488 overall RICHMOND, Va., June 05, 2025 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) ("ARKO" or the "Company"), one of the largest convenience store operators and fuel wholesalers in the United States, today announced it was named to the 2025 Fortune 500 list for the fourth consecutive year. The yearly ranking highlights companies based on total revenue in the United States. ARKO ranked at No. 488. "We are proud to be recognized by Fortune for our leadership for the fo ...
IperionX Awarded U.S. Department of Defense SBIR Phase III Contract for Up to US$99M
Globenewswire· 2025-06-05 12:30
CHARLOTTE, N.C., June 05, 2025 (GLOBE NEWSWIRE) -- IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX) is pleased to announce that is has been awarded a Small Business Innovation Research (SBIR) Phase III contract by the U.S. Department of Defense. Structured as an Indefinite Delivery, Indefinite Quantity contract in support of achieving "Low-Cost Domestic Titanium for Defense Applications" in the U.S., the contract establishes a funding mechanism through which qualifying U.S. Government agencies can place ...
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Catches Wall Street’s Attention, Offers Sustainable Way to Gain Exposure to Gold
Globenewswire· 2025-06-05 12:30
NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- via InvestorWire — ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 70+ brands within the Dynamic Brand Portfolio @IBN , a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. To view the full publication, "Wall Street Targets Breakout Gold Producers as Bull Market Accelerates," plea ...
Pulse Oil Corp. Announces Facility Agreements Totaling $2,250,000
Globenewswire· 2025-06-05 12:30
VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- Pulse Oil Corp. ("Pulse" or the "Company") (TSXV: PUL) is pleased to announce that Pulse has entered into two loan Facility Agreements (the "Facility Agreements") with related parties to the Company (the "Lenders"), whereby the Lenders have agreed to loan to the Company (collectively, the "Loans"), in aggregate, the sum of $2,250,000 (the "Principal"). Pursuant to the Facility Agreements, the Loans will be made available in tranches of $1,125,00 ...
Inspired Entertainment Builds on NJ Success with Launch of Caesars Palace Wheel of Wins™ in Michigan and Ontario
Globenewswire· 2025-06-05 12:30
**For downloadable high-res assets, click here** NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE), a leading provider of B2B gaming content, systems, and solutions, today announced additional launches of the exclusive Caesars Palace Wheel of Wins™, a revolutionary Hybrid Dealer® game developed for Caesars Entertainment’s marquee online casino platforms. Building on the successful performance in New Jersey, where the game has already launched, this produc ...
TOMI Announces Appointment of David Vanston as Chief Financial Officer
Globenewswire· 2025-06-05 12:30
FREDERICK, Md., June 05, 2025 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® ("TOMI") (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination solutions, today announced the appointment of Mr. David Vanston as Chief Financial Officer, effective May 30, 2025. Mr. Vanston brings more than 25 years of international financial leadership experience across the life sciences, manufacturing, and technology sectors. He has held senior finance roles at both private equity-backed and ...