SU Group Holdings Limited Announces Reverse Stock Split, Share Capital Increase and Share Capital Alteration
Prnewswire· 2025-08-20 21:00
Core Viewpoint - SU Group Holdings Limited will implement a 1-for-10 reverse stock split, increase its authorized share capital, and alter its share capital structure, effective August 25, 2025, to comply with Nasdaq listing requirements [1][3]. Share Consolidation - The reverse stock split will consolidate every ten ordinary shares into one, changing the par value from HK$0.01 to HK$0.10 [2][4]. - The number of issued and outstanding ordinary shares will decrease from approximately 13,847,500 to about 1,384,750 [4]. - The new CUSIP number assigned due to the consolidation is G8552M117 [2]. Share Capital Increase - The authorized share capital will increase from HK$7,500,000 (75,000,000 shares) to HK$75,000,000 (750,000,000 shares) [6]. Share Capital Alteration - The share capital alteration will re-designate the authorized share capital into 749,098,320 Class A ordinary shares and 901,680 Class B ordinary shares [7]. - The voting power of Mr. Chan Ming Dave, the Company's chairman, will increase from approximately 65.84% to 98.96% due to the new share structure [8]. Additional Information - Outstanding stock options and other convertible securities will be adjusted based on the 1-for-10 ratio [9]. - The trading of Class A Ordinary Shares on Nasdaq is expected to continue without disruption [9]. - SU Group provides integrated security-related engineering services, including threat detection and traffic control systems, primarily in Hong Kong [10].
First Horizon Corporation to Participate in the Barclays 23rd Annual Global Financial Services Conference
Prnewswire· 2025-08-20 21:00
Core Viewpoint - First Horizon Corporation will participate in the Barclays 23rd Annual Global Financial Services Conference on September 9, 2025, featuring key executives Bryan Jordan and Hope Dmuchowski [1] Group 1: Company Overview - First Horizon Corporation has $82.1 billion in assets as of June 30, 2025 [4] - The company operates in 12 states, primarily in the southern U.S., through its banking subsidiary, First Horizon Bank [4] - Services offered include commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [4] Group 2: Recognition and Reputation - First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines [4] - The company is also listed as a Top 10 Most Reputable U.S. Bank [4] Group 3: Event Details - A live webcast and audio replay of the conference will be available on the First Horizon Investor Relations website [2]
Ascot Learns of Statement of Claim and Denies Allegations
GlobeNewswire News Room· 2025-08-20 21:00
Core Viewpoint - Ascot Resources Ltd. is facing a class action lawsuit in the Ontario Superior Court of Justice, alleging misrepresentations in public disclosures related to its operations at the Premier Gold mine, with the company asserting that the claims are unfounded and intends to defend itself vigorously [1]. Company Overview - Ascot Resources Ltd. is a Canadian mining company based in Vancouver, British Columbia, and trades on the Toronto Stock Exchange (TSX) under the ticker AOT and on the OTCQB under the ticker AOTVF [2]. - The company is the 100% owner of the Premier Gold mine, which commenced gold production in April 2024, located on Nisga'a Nation Treaty Lands in the Golden Triangle of northwestern British Columbia [2].
AutoZone to Release Fourth Quarter Fiscal 2025 Earnings September 23, 2025
Globenewswire· 2025-08-20 21:00
Company Overview - AutoZone, Inc. is the leading retailer and distributor of automotive replacement parts and accessories in the Americas [3] - As of May 10, 2025, the company operates a total of 7,516 stores, with 6,537 in the U.S., 838 in Mexico, and 141 in Brazil [2] Financial Information - AutoZone will release its fourth quarter results for the period ending August 30, 2025, before market open on September 23, 2025 [1] - A conference call to discuss the quarterly results will take place on September 23, 2025, at 10:00 a.m. (ET) [1] Product and Service Offerings - Each AutoZone store carries a wide range of products for cars, SUVs, vans, and light-duty trucks, including new and remanufactured automotive hard parts, maintenance items, and accessories [3] - The company has a commercial sales program that provides credit and delivery services to various automotive businesses [3] - AutoZone also sells products online through its websites, including automotive diagnostic and repair software under the ALLDATA brand [3]
Inventronics Announces 2025 Q2 Financial Results
Globenewswire· 2025-08-20 21:00
CALGARY, Alberta, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Inventronics Limited (the “Corporation”) (IVX:TSX Venture), a designer and manufacturer of enclosures for the telecommunications, cable, electric distribution, energy, and other industries in Canada and the USA, today announced its unaudited 2025 Q2 financial results. For the three months ended June 30, 2025, Inventronics reported net earnings of $138,000, or 2.8 cents per share, on revenue of $2,190,000 compared to net earnings of $141,000, or 2.9 cents p ...
NTG Clarity to Announce Second Quarter Financial Results on August 27, 2025 with Earnings Call to Follow
Newsfile· 2025-08-20 21:00
Group 1 - NTG Clarity Networks Inc. will announce its financial results for the second quarter of 2025 on August 27, 2025, after market close [1] - A conference call to discuss the financial and operating results will be held on August 28, 2025, at 9:00 AM ET [2] - The company aims to be a global leader in digital transformation solutions, providing software, networking, and IT solutions to large enterprises since its establishment in 1992 [3]
KLC INVESTOR DEADLINE: Investor Files Class Action Lawsuit Against KinderCare Learning Companies, Inc. and Attorneys Announce Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit
Prnewswire· 2025-08-20 21:00
Core Viewpoint - The KinderCare Learning Companies, Inc. is facing a class action lawsuit related to its October 2024 IPO, alleging violations of the Securities Act of 1933 due to misleading information regarding the quality of care provided at its facilities and undisclosed risks [1][3]. Group 1: Class Action Lawsuit Details - The lawsuit, titled Gollapalli v. KinderCare Learning Companies, Inc., allows purchasers of KinderCare common stock from the IPO to seek lead plaintiff status until October 13, 2025 [1][5]. - KinderCare raised $648 million by selling over 27 million shares at $24 per share during the IPO [2][3]. - Allegations include failure to disclose incidents of child abuse and neglect, and not meeting minimum care standards, exposing the company to significant undisclosed risks [3][4]. Group 2: Stock Performance - Since the IPO, KinderCare's stock price has significantly declined, reaching lows near $9 per share [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP, a leading law firm in securities fraud litigation, is representing the plaintiffs in this case [6].
Nucor: Berkshire Hathaway's Bet On Quality Is Not A Fluke
Seeking Alpha· 2025-08-20 20:59
Core Insights - The article discusses the expertise of Vladimir Dimitrov, CFA, who has a background in brand and intangible assets valuation, particularly in the technology, telecom, and banking sectors [1] Group 1: Professional Background - Vladimir Dimitrov has experience as a strategy consultant and has worked with major global brands [1] - He graduated from the London School of Economics, indicating a strong academic foundation [1] - His focus is on identifying reasonably priced businesses with sustainable long-term competitive advantages [1]
OGE Energy: Some Growth From Datacenters, But Stock Is Not A Bargain
Seeking Alpha· 2025-08-20 20:56
Core Viewpoint - The company aims to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing the risk of principal loss [1] Group 1 - The service offers subscribers access to exclusive investment ideas before they are released to the general public, with many ideas not being released at all [1] - Subscribers receive in-depth research that is not available to non-subscribers, enhancing their investment decision-making [1] - A two-week free trial is currently being offered to attract new subscribers to the service [1]
Bed Bath & Beyond says it won't open stores in California: ‘Overregulated, expensive and risky'
New York Post· 2025-08-20 20:55
Bed Bath & Beyond on Wednesday said it will not open stores or operate in California as it issued a scathing rebuke of the state’s intense lefty policies.Marcus Lemonis, executive chairman of Bed Bath & Beyond, said the decision “isn’t about politics – it’s about reality.”“California has created one of the most overregulated, expensive and risky environments for businesses in America,” he said in a press release. 3 Bed Bath & Beyond said it will not open stores or operate in California. REUTERS“The result ...