TPG & Corpay Complete Acquisition of AvidXchange
Globenewswire· 2025-10-15 13:20
Core Insights - AvidXchange Holdings, Inc. has been acquired by TPG and Corpay for $10.00 per share, valuing the company at approximately $2.2 billion, transitioning it to a private entity [1][4]. Company Overview - AvidXchange is a leading provider of accounts payable (AP) automation software and payment solutions, serving over 8,500 businesses and facilitating payments to more than 1,350,000 suppliers in the past five years [7]. Acquisition Details - TPG acquired a majority interest in AvidXchange through TPG Capital, while Corpay obtained a minority interest. The acquisition was announced on May 6, 2025, approved by shareholders on September 16, 2025, and closed on October 15, 2025 [4]. - Following the acquisition, AvidXchange shares have ceased trading and the company is no longer listed on the Nasdaq Global Select Market [5]. Future Growth Prospects - The management team, including CEO Mike Praeger, expressed optimism about leveraging TPG and Corpay's resources to accelerate innovation and growth, aiming to enhance solutions for customers and expand the company's market presence [2][3].
SalMar - Prospectus approved for listing of two green bond issues
Globenewswire· 2025-10-15 13:20
Kverva, 15 October 2025. Reference is made to the stock exchange notices published on 15 August 2025 regarding SalMar ASA’s (the "Company") successful issuance of two senior unsecured green bonds (the "Bonds"): NOK 1,000,000,000 senior unsecured green bonds (ISIN NO0013636480) with a fixed coupon rate of 5.15% per annum and maturity on 22 August 2033; and NOK 1,000,000,000 senior unsecured green bonds (ISIN NO0013636498) with a floating coupon rate of 3mN+135bps per annum and maturity on 23 August 2032. T ...
BluSky AI Inc. to Update Investors on the Emerging Growth Conference on October 22, 2025
Globenewswire· 2025-10-15 13:19
Core Insights - BluSky AI Inc. is positioning itself as a leader in AI infrastructure with its SkyMod data centers designed for rapid deployment and scalability [2][6] - The company will present at the Emerging Growth Conference on October 22, 2025, allowing real-time interaction with investors [3][4] - The conference aims to connect public companies with a wide audience of investors and analysts, focusing on growth sectors and innovative strategies [7][8] Company Overview - BluSky AI Inc. is headquartered in Salt Lake City, Utah, and aims to create a "Neocloud" for artificial intelligence through its SkyMod data centers [2][6] - SkyMods are described as next-generation AI factories that provide GPU-as-a-Service, optimizing energy use and speed-to-market for high-performance infrastructure [2][6] Conference Details - The Emerging Growth Conference will feature BluSky AI's CEO, Trent D'Ambrosio, and COO, Dan Gay, who will provide updates and answer questions from attendees [3][4] - The presentation is scheduled for 12 minutes from 3:55 to 4:05 Eastern Time [4] - Attendees can register for the conference and access archived webcasts if they cannot attend live [5]
Anteris Receives First European Regulatory Clearance to Commence DurAVR® THV Global Pivotal Trial (the “PARADIGM Trial”)
Globenewswire· 2025-10-15 13:18
MINNEAPOLIS and BRISBANE, Australia, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Anteris Technologies Global Corp. (Anteris or the Company) (NASDAQ: AVR, ASX: AVR) a global structural heart company committed to designing, developing, and commercializing cutting-edge medical devices to restore healthy heart function, announced today it has received regulatory clearance from the Danish Medicines Agency to initiate the DurAVR® Transcatheter Heart Valve (THV) global pivotal trial in patients with severe calcific aortic s ...
Minerals Technologies Inc. Announces Increase in Quarterly Dividend; Third Consecutive Year of Dividend Increases
Globenewswire· 2025-10-15 13:17
Core Viewpoint - Minerals Technologies Inc. (MTI) announced a 9% increase in its regular quarterly dividend to $0.12 per share, reflecting the company's confidence in its cash flow and long-term growth strategy [1][2]. Dividend Announcement - The increased dividend is payable on December 4, 2025, to stockholders of record as of October 30, 2025 [1]. - This marks the third consecutive year that MTI's Board of Directors has authorized a dividend increase [2]. Capital Deployment Strategy - MTI's quarterly dividend is part of a balanced capital deployment strategy that includes organic and inorganic investments, share repurchases, and maintaining a strong balance sheet [3]. - In October 2024, MTI's Board authorized a $200 million share repurchase program, with $50 million of shares repurchased by the end of the third quarter of 2025 [3]. Company Overview - Minerals Technologies Inc. is a global specialty minerals company with reported global sales of $2.1 billion in 2024 and operates in 34 countries with 4,000 employees [5].
Total Wine & More Partners with Rackspace Technology to Optimize Performance and Accelerate Innovation Across Its Retail Operations
Globenewswire· 2025-10-15 13:16
Core Insights - Total Wine & More has partnered with Rackspace Technology to implement a strategic multicloud approach, utilizing Microsoft Azure and Google Cloud for its digital transformation [1][2] - The partnership aims to enhance flexibility, cost efficiency, and speed in operations, showcasing the benefits of a tailored cloud strategy for different workloads [2] - Total Wine & More operates 284 superstores across 29 states, emphasizing its growth and commitment to exceptional customer experiences [3] Company Overview - Total Wine & More is the largest independent retailer of fine wine in the U.S., offering over 8,000 wines, 3,000 spirits, and 2,500 beers, founded in 1991 [4] - The company focuses on providing low prices, exceptional service, and a superior shopping experience [4] Partnership Benefits - The collaboration with Rackspace Technology has enabled Total Wine to transform cost optimization into a catalyst for innovation, utilizing the FinOps program and Optimizer+ for actionable insights [3][8] - Rackspace's ongoing support includes modernizing Total Wine's inventory system and migrating backend operations to Azure, ensuring optimal performance and reliability [8] Strategic Approach - Total Wine & More's multicloud strategy is increasingly common among innovative retailers, aiming to modernize operations and enhance customer experience [2] - The partnership is characterized by a relationship built on trust and shared success, with Rackspace providing not just tools but also valuable expertise [4]
ProStar and Bad Elf GNSS Announce Global Distribution Partnership
Globenewswire· 2025-10-15 13:15
Core Insights - ProStar Holdings Inc. has formed a global distribution partnership with Bad Elf, LLC to bundle ProStar's PointMan software with Bad Elf's high-precision GNSS receivers for worldwide sales [1][2][3] Company Overview - ProStar is a leading provider of geospatial intelligence technologies, aiming to become the global standard for mapping and managing critical infrastructure [6] - The company's flagship products, PointMan and LinQD, enhance infrastructure mapping and management by providing accurate, accessible, and connected solutions [7] - ProStar has a growing global customer base that includes Fortune 500 corporations, leading construction and engineering firms, utilities, municipalities, and U.S. Departments of Transportation [8] - The company holds an extensive intellectual property portfolio with 16 issued patents in the United States and Canada, reinforcing its leadership in precision mapping technologies [9] Partnership Details - The partnership with Bad Elf addresses the increasing demand for complete mapping solutions in the utility and critical infrastructure sectors [2] - By combining Bad Elf's advanced GNSS receivers with ProStar's precision mapping solution, the collaboration aims to provide a cost-effective and comprehensive mapping solution for utility owners, contractors, municipalities, and engineering firms [2][3] - This collaboration is expected to broaden ProStar's reach to tens of thousands of potential customers through a global distribution network [4]
KNOREX Announces Strategic Partnership with Leading B2B Data Provider to Enhance Data-Driven Marketing Capabilities
Globenewswire· 2025-10-15 13:15
Core Insights - KNOREX Ltd. has announced a strategic partnership with a premier B2B data provider to enhance its AI-driven digital advertising capabilities, enabling marketers to execute smarter and more precise campaigns at scale [1][4]. Company Overview - KNOREX Ltd. is a B2B technology company founded in 2009, specializing in AI-driven cross-channel programmatic advertising solutions [5]. - The company's flagship platform, KNOREX XPO, is a cloud-based advertising technology that facilitates efficient planning, execution, and optimization of digital ad campaigns across various media [5][6]. Partnership Details - The collaboration integrates KNOREX's advanced AI with the partner's human-verified proprietary B2B dataset, providing customers with high-quality data for targeted marketing [3][4]. - This partnership aims to empower sales and marketing teams with actionable insights, accelerating customer acquisition and revenue growth [2][3]. Market Positioning - The integration of proprietary data into KNOREX XPO is expected to enhance campaign performance, reduce wasted ad spend, and improve efficiency in marketing efforts [6]. - KNOREX serves a diverse range of industries, including technology, financial services, and healthcare, positioning itself as a leader in the evolving digital advertising landscape [2][7].
Aqua Metals Raises $13 Million from Leading Institutional Investor to Accelerate Commercialization and Strategic Growth
Globenewswire· 2025-10-15 13:15
Core Viewpoint - Aqua Metals, Inc. has successfully raised $13 million through a registered direct offering, aimed at enhancing its sustainable lithium battery recycling operations using its AquaRefining™ technology [1][2]. Group 1: Offering Details - The offering involved the purchase and sale of 1,133,794 shares of common stock and/or prefunded warrants at a price of $11.34 per share [1]. - The gross proceeds from the offering were approximately $13 million before deducting fees and expenses [2]. - The offering is expected to close on October 16, 2025 [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for working capital and general corporate purposes [2]. Group 3: Company Overview - Aqua Metals is focused on revolutionizing metals recycling with its proprietary AquaRefining™ technology, which aims to provide high-purity, low-carbon battery materials [6]. - The company's approach is designed to reduce emissions, eliminate waste, and support a circular supply chain for critical minerals essential for electric vehicles and grid storage [6].
Toro Corp. and Castor Maritime Inc. agree the Full Redemption of the 8.75% Series E Cumulative Perpetual Convertible Preferred Shares
Globenewswire· 2025-10-15 13:15
Core Viewpoint - Toro Corp. has announced the full redemption of 60,000 shares of Castor Maritime Inc.'s 8.75% Series E Cumulative Perpetual Convertible Preferred Shares for cash consideration, including accrued distributions [1][2]. Group 1: Company Overview - Toro Corp. is an international energy transportation services provider with a modern fleet that includes two LPG carriers and two MR tanker vessels, transporting petrochemical gases and refined petroleum products globally [3]. - The company is incorporated under the laws of the Republic of the Marshall Islands and its common shares are traded on the Nasdaq Capital Market under the symbol "TORO" [3]. Group 2: Transaction Details - The redemption of the Series E Preferred Shares was approved by the boards of directors of both Toro and Castor, following recommendations from their respective special committees of independent directors [2]. - The cash consideration for the redemption is equal to the stated amount of the Series E Preferred Shares plus an additional 0.523% [1].