Charlotte, NC, Oct. 22, 2025 (GLOBE NEWSWIRE) -- FG Nexus (Nasdaq: FGNX, FGNXP) (the "Company" or "FG Nexus”), today announced that it has signed a non-binding letter of intent to sell its Quebec property for $10 million. Following repayment of the existing mortgage, the transaction is expected to generate approximately $8 million in net pretax proceeds. "This sale sharpens our focus on becoming the dominant corporate stakeholder of ETH and provides additional cash resources to repurchase shares of FGNX in ...

Core Viewpoint - Digi Power X Inc. has appointed Ajay Gupta to its board of directors, bringing extensive experience in wealth management and investment strategy to the company [1][2][6]. Company Overview - Digi Power X is a U.S. developer of Tier III-grade high-performance computing infrastructure, focusing on sustainable energy assets and AI data centers [1][7]. - The company aims to lead in the intersection of clean power, AI, and digital infrastructure [6]. Ajay Gupta's Background - Ajay Gupta is a seasoned wealth management executive and investor, known for his leadership in building and advising respected financial organizations [2][3]. - He previously founded Gupta Wealth Management, which merged with Creative Planning, a $390 billion registered investment advisor, where he served as Chief Investment Strategist [3]. - Gupta has been featured in Tony Robbins' bestseller "Money: Master the Game," highlighting his expertise in finance [3]. Board Contributions - Gupta's appointment is expected to enhance Digi Power X's strategic insight and global relationships, crucial for the company's growth [6]. - He also serves on the boards of several organizations, including CAZ Investments, a $10 billion alternative investment firm [4]. Educational Background - Gupta holds a Bachelor of Commerce in Finance from Concordia University and has completed advanced executive programs at prestigious institutions such as Wharton, University of Chicago Booth, and Harvard Business School [5].

Strong Loan Growth and Margin Expansion Drive Higher Revenue and EPSGREENVILLE, S.C., Oct. 22, 2025 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NYSE: UCB) (United) today announced net income for the third quarter of 2025 of $91.5 million and pre-tax, pre-provision income of $126.0 million. Diluted earnings per share of $0.70 for the quarter represented an increase of $0.32 from the third quarter a year ago and an increase of $0.07 from the second quarter. Note that the third quarter of 2024 included l ...

Core Insights - FinWise Bancorp has entered a strategic program agreement with DreamFi, a fintech company focused on serving underserved communities through financial wellness initiatives [1][2] - The partnership aims to provide essential financial products and services, including a DreamFi Debit Card, checking accounts, and access to over 40,000 surcharge-free ATMs in the U.S. [2] - Both companies emphasize their commitment to improving financial access and literacy, aligning their missions to empower individuals and families [3][4] Company Overview - FinWise Bancorp provides banking and payments solutions to fintech brands, with a focus on scalable API-driven infrastructure for deposit, lending, and payments programs [5] - The company is expanding its business model to include Payments (MoneyRails™) and BIN Sponsorship offerings, enhancing its ability to support fintechs in regulatory compliance [5] DreamFi Overview - DreamFi, co-founded by civil rights attorney Ben Crump, aims to transform financial access and empower users to build financial stability and generational wealth [4] - The company plans to leverage mobile banking and financial literacy tools to help users take control of their financial futures [4]

Appointment reinforces ProMIS Neurosciences’ strategic vision and deepens investor engagement as the Company advances its differentiated Alzheimer’s program, PMN310 Cambridge, Massachusetts, Oct. 22, 2025 (GLOBE NEWSWIRE) -- ProMIS Neurosciences, Inc. (Nasdaq: PMN), a clinical-stage biotechnology company developing next-generation therapies for Alzheimer’s disease (AD) and other neurodegenerative disorders, today announced that Slanix Paul Alex, Pharm.D., President and Portfolio Manager for Ally Bridge Grou ...

Core Points - Heidmar Maritime Holdings Corp. announced that CEO Pankaj Khanna purchased 55,900 shares of the company's common stock at an average price of $1.30 per share, totaling approximately $72,670 [1][2] - Following the purchase, Mr. Khanna owns 26,302,613 common shares, representing about 45% of the company's outstanding shares [2] - Mr. Khanna's investment aims to demonstrate confidence in Heidmar's long-term strategy and align his interests with those of shareholders [2] Company Overview - Heidmar is a commercial and pool management business servicing the crude and product tanker market, celebrating its 40th anniversary [3] - The company operates in multiple locations including Athens, London, Singapore, Chennai, Hong Kong, and Dubai, focusing on safety, performance, relationships, and transparency [3] - Heidmar aims to provide a "one stop" solution for maritime services in crude oil, refined petroleum products, and dry bulk shipping sectors, leveraging its unique business model and extensive industry experience [3]

Core Insights - POET Technologies Inc. has received a production order exceeding US$5 million for its POET Infinity™ optical engines, intended for AI data servers [1][2][3] - The order signifies the commercial viability and scalability of POET's technology, which is designed to support AI connectivity and meet the demands of hyperscale data centers [2][5] - The optical engines are scheduled for delivery in the second half of 2026, with specific configurations including 400G transmit and 800G receive engines [3][4] Company Overview - POET Technologies specializes in high-speed optical modules, optical engines, and light source products for the AI systems market and hyperscale data centers [6] - The company's technology is based on the POET Optical Interposer™, which integrates electronic and photonic devices into a single chip, offering lower costs, reduced power consumption, and smaller sizes compared to traditional products [6] - POET's products are scalable for high production volumes and address challenges in various applications, including AI clusters, 5G networks, and autonomous vehicle systems [6] Market Outlook - The market for optical transceivers and related products is projected to double from US$5 billion in 2024 to US$10 billion by 2026, driven by the growth of AI clusters [5]

SAN FRANCISCO, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Nurix Therapeutics, Inc. (Nasdaq: NRIX), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of targeted protein degradation medicines in oncology and autoimmune disease, today announced the pricing of its underwritten registered offering of 24,485,799 shares of its common stock at a price of $10.21 per share. The gross proceeds to Nurix from the offering, before deducting underwriting discounts and commissio ...

Highlights Government-Funded Pipeline and Expanding Role of Public-Private Partnerships in Biodefense InnovationHALIFAX, Nova Scotia, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Appili Therapeutics Inc. (TSX: APLI; OTC Pink: APLIF) (“Appili” or the “Company”) today announced that it will attend the Biomedical Advanced Research and Development Authority (BARDA) Innovation Symposium on November 20, 2025, in Washington, D.C. The event brings together leaders from government, industry, and academia to advance the develop ...

Core Insights - Gilat Satellite Networks Ltd. will release its third quarter 2025 financial results on November 12, 2025 [1] - The conference call will feature CEO Adi Sfadia and CFO Gil Benyamini discussing the results and business achievements [2] Company Overview - Gilat Satellite Networks is a leading global provider of satellite-based broadband communications with over 35 years of experience [3] - The company develops deep technology solutions for satellite, ground, and new space connectivity, focusing on critical connectivity for commercial and defense applications [3] Product and Service Offerings - Gilat offers integrated solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) [4] - The product portfolio includes cloud-based platforms, high-performance satellite terminals, advanced antennas, Solid State Power Amplifiers (SSPA), and Block Upconverters (BUC) [4] Market Applications - Gilat's products support various applications including government and defense, in-flight connectivity, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure [5]