iOThree Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
GlobeNewswire News Room· 2025-06-06 20:30
Singapore, June 06, 2025 (GLOBE NEWSWIRE) -- iOThree Limited ("iOThree" or the "Company") (NASDAQ: IOTR), a leading provider of maritime digital technologies including satellite connectivity and digitalization solutions in Singapore with a focus on facilitating the maritime industry towards digital transformation, today announced that it has received a written notification from the Nasdaq Stock Market LLC (“Nasdaq”) on June 3, 2025, indicating that the Company was not in compliance with the $1.00 closing bi ...
INVESTIGATION NOTICE: Robbins Geller Rudman & Dowd LLP Launches Investigation into EchoStar Corporation (SATS) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact Law Firm
GlobeNewswire News Room· 2025-06-06 20:30
SAN DIEGO, June 06, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving EchoStar Corporation (NASDAQ: SATS) focused on whether EchoStar and certain of its executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in the EchoStar investigation or if you are an EchoStar investor who suffered a loss and would like t ...
Why Shopify Stock Popped Today
The Motley Fool· 2025-06-06 20:23
Shares of North America's leading commerce enabler, Shopify (SHOP 6.17%), were 6% higher as of 3:30 p.m. ET Friday, according to data provided by S&P Global Market Intelligence. A burgeoning AI juggernaut? Adding over 600 new product features for its merchants in the last two years alone, Shopify appears likely to remain an AI innovator rather than a disruptee, in my opinion. In April this year, a leaked memo from Chief Executive Officer Tobi Lütke went viral. In it, he stated, "Before asking for more headc ...
LAZYDAYS AND GENERAL RV COMPLETE FT. PIERCE, FLORIDA TRANSACTION
Prnewswire· 2025-06-06 20:22
Company Overview - Lazydays Holdings, Inc. has been a significant player in the RV industry since its inception in 1976, known for exceptional RV sales, service, and ownership experiences [3] - The company is publicly listed on the Nasdaq stock exchange under the ticker "GORV" [5] Recent Developments - Lazydays has completed the asset and real estate sale of its Ft. Pierce, Florida location to General R.V. Center, Inc., with plans to finalize the remaining divestiture in Longmont, Colorado soon [1][2] - The sale of the Ft. Pierce location is part of Lazydays' strategy to streamline operations, reduce dealership footprint, pay off significant debt, and enhance cash flow [2] General RV Center - General RV has nearly doubled its number of Supercenters nationwide in the past three years, currently operating over 20 locations across nine states [2] - The acquisition of the Ft. Pierce location is expected to improve service capabilities for General RV's customers [2]
DICK'S Sporting Goods Commences Exchange Offer and Consent Solicitation for Foot Locker's Senior Notes Due 2029
Prnewswire· 2025-06-06 20:15
Core Points - DICK'S Sporting Goods is initiating an Exchange Offer to acquire Foot Locker's outstanding 4.000% Senior Notes due 2029, offering up to $400 million in new DICK'S Notes in exchange [1][10] - The Exchange Offer is contingent upon the successful completion of the merger, where Foot Locker will become a wholly owned subsidiary of DICK'S [1][10] - DICK'S is also soliciting consents to amend the indenture governing the Foot Locker Notes, aiming to eliminate restrictive covenants and certain events of default [2] Exchange Offer Details - The Exchange Offer will expire at 5:00 p.m. New York City time on August 1, 2025, unless extended [9] - Holders of Foot Locker Notes can receive a Consent Payment ranging from $2.50 to approximately $5.00 per $1,000 principal amount, depending on the amount tendered [3][12] - Eligible holders who tender their Foot Locker Notes by the Early Participation Date will receive an Early Participation Premium of $30.00 [13] Financial Considerations - For each $1,000 principal amount of Foot Locker Notes accepted for exchange, holders will receive $970 principal amount of DICK'S Notes [14] - The DICK'S Notes will have the same interest payment dates, maturity date, and interest rate as the Foot Locker Notes, but will replace the fixed redemption schedule with a customary investment-grade redemption schedule [15] Conditions and Modifications - The Exchange Offer and Consent Solicitation are conditioned upon the tendering of at least a majority of the aggregate principal amount of Foot Locker Notes [10] - DICK'S reserves the right to modify or terminate the Exchange Offer and extend the Early Participation Date, Expiration Date, and settlement date [11]
Valaris: Extracting Value From The Depths
Seeking Alpha· 2025-06-06 20:08
Company Overview - Valaris Ltd (NYSE: VAL) is a prominent provider of offshore drilling services globally, operating a fleet that includes drillships, semi-submersibles, and jackups [1] Market Presence - The company maintains a strong operational presence in key regions such as the Gulf of Mexico, off the coast of Brazil, and in the UK North Sea [1]
Smith & Wesson Brands, Inc. Announces Rescheduling of Fourth Quarter and Full Fiscal 2025 Financial Release and Conference Call
Newsfile· 2025-06-06 20:05
Company Announcement - Smith & Wesson Brands, Inc. has rescheduled its conference call to discuss the fourth quarter and full fiscal 2025 financial and operational results from June 19, 2025, to June 18, 2025 [1] - The conference call and webcast will begin at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) [1] Participation Details - Interested parties in North America can participate by dialing 1-877-704-4453, while those outside North America can dial 1-201-389-0920 [2] - Participants are advised to dial in at least 10 minutes prior to the start of the call [2] - A live and archived webcast will be available on the company's website under the Investor Relations section [2] Company Overview - Smith & Wesson Brands, Inc. is a leader in firearm manufacturing and design, offering a wide range of handgun, long gun, and suppressor products under the Smith & Wesson® and Gemtech® brands [3] - The company also provides forging and machining services to third parties [3]
Kennametal Announces Sale of Subsidiary in Goshen, IN
Prnewswire· 2025-06-06 20:05
PITTSBURGH, June 6, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced that it has completed the sale of its business in Goshen, IN."This portfolio action is an important step toward improving our overall sales mix, reducing material cost volatility and focusing our resources on long-term strategic priorities that create greater value for all our stakeholders," said Kennametal President & CEO Sanjay Chowbey.Kennametal received $19 million from the transaction upon closing, resulting in an imma ...
Regenxbio's RGX-121 Could Become The New Standard Of Care In Hunter Syndrome
Seeking Alpha· 2025-06-06 20:02
Regenxbio (NASDAQ: RGNX ) is a clinical-stage biopharmaceutical company focusing on gene therapies. Founded in 2008, the core technology of the company is the delivery of rescue genes using AAV payload. A growing number of approved drugs are based on thisAt ELAM1, we empower financial professionals and investors with the scientific and clinical expertise required to navigate the complexities of the healthcare sector. By bridging the gap between cutting-edge science and financial strategy, we help our client ...
3 Stocks to Buy for Earnings Acceleration in June
ZACKS· 2025-06-06 20:00
Key Takeaways Top executives and analysts value consistent earnings growth for a company's profitability. However, earnings acceleration has a greater impact on increasing stock prices. Studies suggest that successful stocks often experience earnings acceleration prior to a rise in stock value. To that end, Orla Mining Ltd. (ORLA) , SentinelOne, Inc. (S) and Lam Research Corporation (LRCX) are exhibiting strong earnings acceleration this month. Screening Parameters Using Research Wizard: Look at stocks for ...