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Embassy Bancorp, Inc. Announces Promotion of Jeffrey Skumin to Chief Financial Officer
Globenewswire· 2025-12-05 15:05
Core Points - Embassy Bancorp, Inc. has promoted Jeffrey Skumin to Chief Financial Officer (CFO) effective December 31, 2025, to guide the financial strategy and growth of the company and its subsidiary, Embassy Bank for the Lehigh Valley [1] - Mr. Skumin has been with Embassy since March 2020, serving as Executive Vice President of Finance, and has played a significant role in the company's financial management [2] - Prior to joining Embassy, Mr. Skumin had a 19-year career as a CPA, including serving as an audit partner and Chief Accounting Officer for a large regional bank, enhancing his banking industry experience [3][4] Company Overview - Embassy Bancorp, Inc. is a community bank with $1.7 billion in assets, operating since 2001 with 10 branches and a full suite of digital banking services [4] - As of June 2025, Embassy Bank ranks 4th in deposit market share in Lehigh and Northampton Counties and has received multiple accolades, including "Best Bank" from The Morning Call and Lehigh Valley Style, and a 5-star rating from Bauer Financial for strength and stability [5]
Sunrise Granted Patent for Silicon-Carbon Composite Fast-Charging Technology, Further Strengthening Leadership in Solid-State Battery Anode Materials
Globenewswire· 2025-12-05 14:45
Core Insights - Sunrise New Energy Co., Ltd. has been granted a patent for a method to enhance the fast-charging performance of silicon-carbon composite anode materials, indicating a significant technological advancement in the field [1][2][3] Company Developments - The patented technology addresses critical challenges in silicon-carbon composite anode materials, such as interfacial instability and insufficient ion transport efficiency, thereby improving electrochemical performance under high-rate charging conditions [2][3] - The company plans to increase investment in advanced anode material research and accelerate the pilot-scale validation and industrialization of its innovative technologies, reinforcing its leadership in solid-state battery materials and fast-charging anode materials [4] Industry Context - Silicon-carbon materials are recognized as a key focus for the development of future solid-state battery anodes, and the patent strengthens the company's position in this critical area [3] - The advancements in this technology are expected to enhance the competitiveness of the company in fast-charging batteries, energy storage systems, and solid-state battery supply chains [3]
UAB “Atsinaujinančios energetikos investicijos” Starts Second Tranche Offering Of Notes Under The EUR 50 million Bonds Programme, Also Exchange Tender Offer For Notes ISIN LT0000405938
Globenewswire· 2025-12-05 14:42
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE IN THIS STOCK EXCHANGE RELEASE BELOW. Series 1 tranche 2 offering of UAB „Atsinaujinan ...
SemiCab Partners with Provisi.ai to Drive U.S. SaaS Revenue Growth
Globenewswire· 2025-12-05 14:30
Core Insights - Algorhythm Holdings, Inc. has announced a joint sales and marketing agreement between SemiCab and Provisi.ai to enhance the launch of SemiCab's new Apex SaaS platform targeting U.S.-based 3PLs and enterprise shippers [1][3] Company Overview - Algorhythm Holdings, Inc. is a leading AI technology company focused on the growth of SemiCab, which addresses supply-chain problems globally through its AI-enabled, cloud-based Collaborative Transportation Platform [7] - SemiCab's technology aims to optimize logistics by using real-time data and advanced predictive optimization models to enable fully loaded round trips [7] Partnership Details - Provisi.ai, led by Shane Engle, has a strong track record in executing complex SaaS product launches within the Fortune 500 market, including significant contracts worth up to $100 million annually [2][3] - The partnership is expected to leverage Provisi.ai's access to Fortune 500 clients to promote SemiCab's value proposition, particularly in reducing empty miles and increasing profitability [3][5] Market Potential - The U.S. full-truckload (FTL) total addressable market is approximately $450 billion, presenting a significant opportunity for SemiCab's Apex platform [3] - It is estimated that around $150 billion, or 30-35%, of U.S. annual shipping spend is wasted on empty miles, which SemiCab aims to reduce by 70% through its technology [5] Apex Platform Features - SemiCab Apex extends the company's AI-driven orchestration engine to the U.S. market, enabling enterprise-level supply chains to predict, plan, and profit with precision [4] - The platform allows 3PLs and enterprise shippers to create branded logistics operating systems, integrate with existing systems, and leverage predictive analytics for cost savings and efficiency improvements [6]
EUDA Health Holdings Limited Announces Execution of Securities Purchase Agreement
Globenewswire· 2025-12-05 14:30
Core Viewpoint - EUDA Health Holdings Limited has entered into a securities purchase agreement with Streeterville Capital for a convertible warrant, aiming to strengthen its capital position and support growth strategies in the non-invasive healthcare market in Asia [1][4]. Company Overview - EUDA Health Holdings Limited is a Singapore-based non-invasive healthcare provider focusing on Singapore, Malaysia, and China, with a mission to lead the transformation of healthcare from reactive treatment to proactive, longevity-focused care [5]. - The company targets the fast-growing longevity sector, addressing the healthcare needs of over 1.8 billion people in the region, where more than 30% of the population is aging rapidly [5]. Financial Details - The securities purchase agreement involves the sale of a convertible warrant for an aggregate purchase price of US$100,000, which is exercisable for up to 2,000,000 newly issued ordinary shares at an exercise price of US$6.00 per share [1][3]. - The warrant can be exercised for cash within a 90-day period, with conditions allowing the company to require Streeterville Capital to exercise the warrant under specific trading volume and price conditions [3]. Strategic Intent - The CEO of EUDA emphasized that the warrant financing provides flexibility to invest in high-return initiatives, including new centers, partnerships, and technology, to expand the company's footprint in Asia's non-invasive healthcare market [4].
Sustainable Green Team, Ltd. (OTC: SGTM) Files 24th U.S. Provisional Patent – Mobile Waste Diversion Oracle™ – Pioneering Real-Time Verification for Landfill Avoidance and Carbon Credit Generation
Globenewswire· 2025-12-05 14:30
Core Insights - Sustainable Green Team, Ltd. has filed its 24th U.S. provisional patent application for the Mobile Waste Diversion Oracle™, which aims to enhance the carbon-credit ecosystem by providing verifiable proof of organic waste diversion from landfills [1][5]. Group 1: Market Context - Annually, 2.3 billion tons of waste are generated, with 1 billion tons of organic material producing methane equivalent to 300–1,200 million tCO₂e when landfilled [2]. - The Mobile Waste Diversion Oracle™ addresses a significant gap in climate intervention by enabling efficient waste diversion, which is currently underutilized [2]. Group 2: Technology Overview - The Mobile Waste Diversion Oracle™ utilizes standard smartphone sensors to deliver end-to-end verification in under 10 seconds, generating registry-ready data for avoided-methane credits [2]. - The system not only facilitates carbon credit issuance but also provides immediate economic incentives for waste haulers, transforming waste diversion into a scalable revenue driver [3]. Group 3: Integration and Innovation - The Mobile Waste Diversion Oracle™ is part of SGTM's 25-Patent Fortress, integrating with technologies like the Live Proof Oracle™ and Gasifier Forge™ to create a comprehensive solution from waste diversion to carbon sequestration [4]. - The innovation aims to reward the decision to divert waste from landfills, marking a shift in how carbon credits are issued [5].
Imperial Petroleum Inc. Announces the Date For the Release of Third Quarter and Nine Months 2025 Financial And Operating Results, Conference Call and Webcast
Globenewswire· 2025-12-05 14:20
Core Points - Imperial Petroleum Inc. will release its third quarter and nine months financial and operating results for the period ended September 30, 2025, before the market opens in New York on December 11, 2025 [1] - A conference call will be hosted by the company's management on December 11, 2025, at 10:00 am ET to discuss the results and the company's operations and outlook [2] - Participants are required to pre-register for the conference call to receive dial-in numbers and a personal PIN [3] Company Overview - Imperial Petroleum Inc. is a ship-owning company that provides petroleum products, crude oil, and drybulk seaborne transportation services [5] - The company owns a total of nineteen vessels, including seven M.R. product tankers, two suezmax tankers, three handysize drybulk carriers, five supramax drybulk carriers, and two kamsarmax drybulk vessels, with a total capacity of 1,195,000 deadweight tons (dwt) [5] - The company has contracted to acquire an additional two handysize drybulk carriers and a post panamax drybulk carrier with an aggregate capacity of 164,400 dwt, which will increase the fleet to a total of 22 vessels with an aggregate capacity of 1.4 million dwt [5] - The company's shares of common stock and 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock are listed on the Nasdaq Capital Market under the symbols "IMPP" and "IMPPP," respectively [5]
Cloudastructure Wins 2025 MHN Excellence Award for Technology
Globenewswire· 2025-12-05 14:20
Award Recognizes Cloudastructure’s AI-Powered Security Platform and Its Transformative Impact on Multifamily HousingPALO ALTO, CA, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (Nasdaq: CSAI) (“we,” “us,” “our,” “Cloudastructure” or the “Company”), a recognized leader in AI-powered video surveillance, security analytics, and remote monitoring, today announced that it has been honored with the 2025 MHN Excellence Award in Technology. This prestigious industry accolade highlights the Company’s conti ...
Dassault Aviation: Total number of shares and voting rights - 30 11 25
Globenewswire· 2025-12-05 14:19
DASSAULT AVIATION French corporation (société anonyme) with a share capital of 62,717,627.20 euros Headquarters: 9, Rond-Point des Champs-Élysées - Marcel Dassault 75008 PARIS 712 042 456 RCS Paris Information concerning the total number of voting rights and shares as per article L. 233-8 II of the French Commercial Code (Code de commerce) and article 223-16 of the General Regulations (Règlement Général) of the French Market Authority (Autorité des Marchés Financiers) DateTotal number of shares Total number ...
Cycurion, Inc. (NASDAQ: CYCU) Announces $500,000 Common Share Dividend to Be Paid to its Shareholders on or about December 30th
Globenewswire· 2025-12-05 14:15
Core Viewpoint - Cycurion Inc. plans to distribute a special dividend of $500,000 in the form of its common shares to shareholders of record as of December 15, 2025, with payment expected around December 30, 2025 [1][4]. Dividend Details - The special dividend is based on the company's closing price of $6.00 per share on August 29, 2025, leading to a total distribution of approximately 83,333 common shares [2][8]. - Following a 30-for-1 reverse stock split, Cycurion has about 3,332,482 common shares outstanding, resulting in a distribution ratio of approximately 0.0250 shares for each existing share held as of the record date [3][8]. - Shareholders must own CYCU common shares by the close of business on December 15, 2025, to be eligible for the dividend [4][8]. Company Overview - Cycurion, based in McLean, Virginia, specializes in IT cybersecurity solutions and AI, focusing on delivering secure and innovative services to clients globally [5]. - The company serves various sectors, including government, healthcare, and corporate clients, through its subsidiaries [5].