LHD Group Hong Kong Activates Contingency Response to Support HKFSD During Taipo High-Rise Fire
Globenewswire· 2025-12-04 13:31
Core Viewpoint - Lakeland Industries, Inc. has demonstrated its commitment to supporting emergency services through its Hong Kong operation, LHD Hong Kong, which played a crucial role in ensuring the operational readiness of firefighters during a significant fire incident in Taipo, Hong Kong [1][7]. Group 1: Incident Response - LHD Hong Kong assisted the Hong Kong Fire Services Department (HKFSD) during a high-rise fire on November 26, 2025, deploying over 700 firefighters [1]. - The operation required rapid cleaning and servicing of firefighter personal protective equipment (PPE), with LHD Hong Kong activating its contingency response to maintain gear functionality [2][3]. Group 2: Operational Efficiency - From November 27 to December 2, LHD Hong Kong processed 1,171 sets of garments, returning 978 sets, showcasing an effective scaling of output to meet increased demand [5]. - The company maintained service pledges, ensuring laundered suits were returned within 4 working days and repaired suits within 12 days, despite the surge in volume [8]. Group 3: Lifecycle Management - The incident highlighted the importance of professional PPE care, with LHD Hong Kong exemplifying a holistic approach to PPE lifecycle management that includes advanced facilities and rigorous quality control [6]. - The "LHD Care" philosophy emphasizes the critical role of dependable PPE maintenance in emergency response systems [6].
Ensurge Micropower ASA - Approval and publication of prospectus
Globenewswire· 2025-12-04 13:31
Core Points - Ensurge Micropower ASA successfully completed a private placement of 111,111,111 new shares, which is divided into Tranche 1 and Tranche 2, and is launching a potential subsequent offering of up to 22,222,222 new shares [1] - The Extraordinary General Meeting held on 3 December 2025 approved Tranche 2 of the Private Placement and the Subsequent Offering [1] - The Norwegian Financial Supervisory Authority has approved the Prospectus for the listing of 93,146,782 of the Private Placement Shares and the Subsequent Offering Shares [3] Private Placement and Subsequent Offering - The listing of 93,146,782 Private Placement Shares and the Subsequent Offering Shares is subject to the approval of a Prospectus by the Norwegian FSA [2] - The subscription period for the Subsequent Offering starts on 5 December 2025 at 09:00 CET and expires on 12 December 2025 at 16:30 CET [4] Company Overview - Ensurge specializes in advanced microbattery technology aimed at powering AI-enabled devices, with a focus on performance and safety [6] - The company is based in San Jose, California, and utilizes high-precision roll-to-roll production processes for its thin-film batteries [6] - Ensurge collaborates with leading global customers to expedite their products to market and is listed on the Oslo Stock Exchange [6]
Foremost Clean Energy Announces Upcoming Ground-Based Gravity Survey at its Hatchet Lake Uranium Project, Athabasca Basin, Saskatchewan
Globenewswire· 2025-12-04 13:30
VANCOUVER, British Columbia, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) ("Foremost" or the "Company"), is pleased to announce a ground-based gravity survey will commence in December over its Hatchet Lake Uranium Property ("Hatchet"), located in the eastern Athabasca Basin region ( the “Basin”) of northern Saskatchewan (see figure 1). The gravity survey is focused on the southern extent of the Richardson Trend where there has been limited drilling (see figure 2). T ...
Onfolio Holdings Executes First Step of Strategic Roadmap with Cryptocurrency Purchases
Globenewswire· 2025-12-04 13:30
Core Insights - Onfolio Holdings Inc. has utilized $2.45 million from a recent capital raise to purchase cryptocurrencies including Ethereum (ETH), Solana (SOL), and Bitcoin (BTC) during a market drawdown, indicating a strategic entry point for investment [1][4] - The company aims to build a multi-token cryptocurrency treasury as part of its treasury management strategy, expecting to generate approximately $91,000 annually in passive staking income from its crypto holdings [2][5] Investment Strategy - The allocation of the $2.45 million investment includes 40% to ETH at an average price of $3,076.30, 40% to SOL at an average price of $144.50, and 20% to BTC at an average price of $91,948.38 [9] - The company currently holds 318 ETH, 6,771 SOL, and 5 BTC as of December 3, 2025, reflecting its commitment to diversifying its digital asset portfolio [3] Financial Implications - The new $300 million financing facility enhances the company's ability to generate recurring income from cryptocurrency yield, provides exposure to potential price appreciation in crypto assets, and allows for debt reduction and increased capital for growth [5][6] - The strategic moves are expected to improve profitability, strengthen the balance sheet, and position the company for significant growth, with acquisitions back on the near-term roadmap [6]
Jyong Biotech Expands Regional Partnerships, Signs MOU with a Vietnam Pharmaceutical Distributor for MCS‑2 Market Entry
Globenewswire· 2025-12-04 13:30
Core Viewpoint - Jyong Biotech Ltd. has entered into a non-binding Memorandum of Understanding (MOU) with a Vietnam-based pharmaceutical distribution company to explore the development and commercialization of MCS-2 in the Vietnamese pharmaceutical market [1][2]. Group 1: MOU Details - The MOU outlines that both parties will conduct due diligence and discussions to define the scope and structure of any potential collaboration, including commercial strategy, regulatory pathway, and local market execution [2]. - There is no guarantee that a definitive agreement will be reached or that the collaboration will be finalized [2]. Group 2: Strategic Importance - The CEO of Jyong Biotech emphasized that this MOU is a significant step in the company's Asia-focused strategy to introduce plant-derived MCS therapies to new markets, highlighting Vietnam's potential for patient access and local partnerships [3]. - This MOU follows a previously announced non-binding Letter of Intent with a South Korean pharmaceutical company to explore in-licensing and development opportunities for plant-derived MCS products [3]. Group 3: Product Status - MCS-2 is currently an investigational new drug candidate and has not yet received approval for commercial use in any jurisdiction [4]. Group 4: Company Overview - Jyong Biotech Ltd. is a science-driven biotechnology company based in Taiwan, focusing on developing and commercializing innovative plant-derived drugs, particularly for urinary system diseases, with initial market focus on the U.S., EU, and Asia [5]. - Since its establishment in 2002, the company has developed integrated capabilities across all key drug development functions, including early-stage drug discovery, clinical trials, regulatory affairs, manufacturing, and commercialization [5].
VisionWave Holdings (Nasdaq: VWAV) Signs Definitive Agreement for Its First Acquisition: Solar Drone Ltd.
Globenewswire· 2025-12-04 13:30
Core Insights - VisionWave Holdings, Inc. has entered into a definitive Share Purchase Agreement to acquire 100% of Solar Drone Ltd., marking its first acquisition since completing its de-SPAC in July 2025 [1][2] Strategic Expansion Into Defense, Security & Industrial Robotics - The acquisition is expected to create synergies in defense and security by providing autonomous mission capabilities in high-risk environments and integrating with VisionWave's existing technologies [3] - In the industrial automation sector, the acquisition will allow VisionWave to enter the solar operations and maintenance (O&M) robotics market, leveraging Solar Drone's AI-driven technology for efficient maintenance of large solar fields [4] Market Potential - The U.S. solar O&M market is projected to reach $36–40 billion annually by 2030, with over 165 GW installed across more than 70,000 utility-scale sites [4] - In Europe, the existing O&M segment is valued at €6–8 billion annually, with over 260 GW installed and growing by approximately 50 GW per year [4] Revenue Generation Outlook - VisionWave is in discussions with potential customers in Europe and anticipates that 2026 could be a revenue-generating year for the solar O&M segment, contingent on successful acquisition and integration [6] Transaction Overview - The acquisition is expected to close around December 10, 2025, subject to customary closing conditions [6] - The total consideration for the acquisition is approximately $21.6 million, which may include the issuance of pre-funded warrants [7] Company Background - Solar Drone specializes in advanced autonomous robotic systems for industrial and renewable-energy applications, focusing on AI-driven navigation and mission automation [9] - VisionWave develops multi-domain technologies that integrate RF imaging, autonomous robotics, and AI-powered sensing for various applications, including defense and energy [10]
Gaia to Present at Sidoti Year End Virtual Investor Conference
Globenewswire· 2025-12-04 13:30
Core Insights - Gaia, Inc. is the world's largest streaming and community platform focused on personal transformation, health, wellness, and spirituality, and will present at the Sidoti Year End Virtual Investor Conference on December 10-11, 2025 [1][2] Company Overview - Gaia operates a member-supported global video streaming service that produces and curates conscious media across four primary channels: Seeking Truth, Transformation, Alternative Healing, and Yoga, available in four languages (English, Spanish, French, and German) [4] - The platform serves members in 185 countries and boasts a library of over 10,000 titles, with more than 85% being exclusive to Gaia, and approximately 75% of viewership comes from content produced or owned by the company [4] - Gaia's services are accessible on various platforms including Apple TV, iOS, Android, Roku, Chromecast, and through Amazon Prime Video and Comcast Xfinity [4] Event Details - The presentation by Gaia is scheduled for December 10 at 12:15 p.m. ET, with the Chief Financial Officer and Chief Business Development Officer hosting virtual one-on-one meetings with investors on December 10 and 11 [2]
Stryker names Spencer Stiles President and Chief Operating Officer
Globenewswire· 2025-12-04 13:30
Dylan Crotty promoted to Group President, OrthopaedicsPortage, Michighan, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK), a global leader in medical technologies, announced today Spencer Stiles has been appointed President and Chief Operating Officer (COO), effective January 1, 2026. In this role, Stiles will lead the company’s global businesses, strategy, and mergers and acquisitions. “Appointing Spencer President and COO strengthens our ability to sustain high growth and leverage the breadth of our ...
Live Ventures to Issue Fiscal Year End 2025 Financial Results and Hold Earnings Conference Call on December 11, 2025
Globenewswire· 2025-12-04 13:30
Group 1 - Live Ventures Incorporated will release its financial results for the fiscal year ended September 30, 2025, on December 11, 2025, before market opening [1] - A conference call to discuss the financial results will take place on December 11, 2025, at 2:00 p.m. Pacific Standard Time [1] - The company encourages participants to dial in at least 15 minutes in advance for the conference call [1] Group 2 - Live Ventures is a diversified holding company focused on value-oriented acquisitions of domestic middle-market companies [2] - The company's acquisition strategy is sector agnostic, targeting well-run, closely held businesses with a proven track record of earnings growth and cash flow generation [2] - Live Ventures was founded in 1968 and refocused into a diversified holding company in 2011 under the leadership of CEO Jon Isaac [2] - The current portfolio includes subsidiaries in various industries such as textile, flooring, tools, steel, and entertainment [2]
Brag House Discloses Valuation Report of ~$1.09 Billion on Proposed Merger with House of Doge
Globenewswire· 2025-12-04 13:30
NEW YORK, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Brag House Holdings, Inc. (NASDAQ: TBH) (“Brag House” or the “Company”), the next generation engagement platform operating at the intersection of gaming, college sports, and digital media, this week announced the filing of a Registration Statement on Form S-4 with the U.S. Securities and Exchange Commission (“SEC”) in connection with its proposed merger with House of Doge (“HOD”), the official commercial arm of the Dogecoin Foundation. Concurrent with the filing, ...