ParaZero Signs Strategic Distribution Agreement, Significantly Expanding Reach into Western European NATO Defense Markets
Globenewswire· 2025-12-05 12:55
Core Insights - ParaZero Technologies Ltd. has signed a distribution agreement with a leading Western European Distributor, enhancing its presence in NATO-aligned markets [1][2][3] - The Distributor will have exclusive rights to distribute ParaZero's DefendAir counter-unmanned aerial systems (C-UAS) across multiple Western European countries [2][3] - This partnership is expected to facilitate faster deployment of ParaZero's C-UAS technologies, aimed at protecting critical infrastructure and military operations from unauthorized drone incursions [3][4] Company Overview - ParaZero Technologies Ltd. is an aerospace defense company focused on smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry [5] - The company was founded in 2014 and is recognized for its advanced drone technologies, supporting various commercial, industrial, and governmental operations worldwide [5] - ParaZero's product portfolio includes SafeAir, DefendAir, and DropAir, which are designed for aerial safety, counter-drone protection, and precision aerial delivery, respectively [5]
SL Green Announces Final Closing of Over $1.3 Billion Opportunistic Debt Fund
Globenewswire· 2025-12-05 12:45
NEW YORK, Dec. 05, 2025 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced the final closing of its SLG Opportunistic Debt Fund (the “Fund”) with total capital commitments of more than $1.3 billion. Additional investment capacity is provided by sidecar structures and discretionary separate accounts. “We believe this milestone underscores the strong and sustained demand from a global investor base seeking access to SL Green’s differentiated real estate ...
Sanoma has signed a new EUR 220 million syndicated term loan
Globenewswire· 2025-12-05 12:45
Core Points - Sanoma Corporation has signed a EUR 220 million syndicated term loan facility with a maturity date of 16 March 2029, including two one-year extension options [1] - The term loan will be utilized to prepay a EUR 119 million term loan and refinance a EUR 150 million hybrid bond on the reset date of 16 March 2026, with repayments supported by improved operating cash flow [2] - The transaction is coordinated by ING Bank and Nordea Bank, with additional participation from several other banks [3] Company Overview - Sanoma is an innovative learning and media company, committed to maximizing its positive impact on society while minimizing its environmental footprint, aligning with the UN Sustainable Development Goals [4] - The company offers a range of learning products and services aimed at helping teachers develop children's talents, including both printed and digital content for various educational levels [5] - Sanoma operates across Europe, employing nearly 5,000 professionals, with net sales of approximately EUR 1.3 billion in 2024 and an operational EBIT margin of 13.4% [6]
Mural Oncology Announces Effectiveness of Scheme of Arrangement and Completion of Acquisition
Globenewswire· 2025-12-05 12:45
WALTHAM, Mass. and DUBLIN, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Mural Oncology plc, (Nasdaq: MURA) (“Mural”) announces that the scheme of arrangement between Mural and its shareholders under Chapter 1 of Part 9 of the Companies Act 2014 (the “Scheme”) pursuant to which XRA 5 Corp. (“Sub”), a wholly-owned subsidiary of XOMA Royalty Corporation (Nasdaq: XOMA) (“XOMA Royalty”) will acquire the entire issued and to be issued share capital of Mural, became effective today, 5 December 2025 (the “Effective Date”). Di ...
Fairfax Sells Common Shares of Orla
Globenewswire· 2025-12-05 12:33
Core Viewpoint - Fairfax Financial Holdings Limited has sold 25,000,000 common shares of Orla Mining Ltd for approximately CDN$441.1 million as part of its investment portfolio rebalancing [1] Group 1: Share Sale Details - The common shares were sold at a price of CDN$17.6435 per share, resulting in total proceeds of approximately CDN$441.1 million (US$316.1 million) [1] - Prior to the sale, Fairfax owned 56,817,229 common shares, US$150 million in senior unsecured convertible notes, and 17,544,302 warrants [2] - After the sale, Fairfax's ownership decreased to 31,817,229 common shares, maintaining the same amount of convertible notes and warrants [2] Group 2: Ownership Structure - Following the share sale, Fairfax holds approximately 9.4% of the issued and outstanding common shares on a non-diluted basis and approximately 19.8% on a partially-diluted basis [2] - The convertible notes can be converted into common shares at a price of CDN$7.90, while the warrants allow acquisition at an exercise price of CDN$11.50 [2] Group 3: Future Intentions - Fairfax holds the shares, notes, and warrants for investment purposes and may engage in discussions with Orla's management regarding future transactions [3] - The company may also trade or dispose of its holdings based on market price changes or Orla's operational updates [3] Group 4: Company Information - Fairfax is primarily engaged in property and casualty insurance and reinsurance, along with associated investment management [4] - The registered office of Fairfax is located in Toronto, Ontario, while Orla's office is in Vancouver, British Columbia [4]
SL Green Announces Series of Transactions at 800 Third Avenue
Globenewswire· 2025-12-05 12:30
Core Insights - SL Green Realty Corp. has acquired a 39.48% interest in 800 Third Avenue for $5.1 million, achieving 100% ownership of the asset [1] - The existing mortgage of $177.0 million has been modified and extended to mature in February 2031, with a fixed interest rate of 5.03% until February 2029 [2] Company Overview - SL Green Realty Corp. is Manhattan's largest office landlord and operates as a fully integrated real estate investment trust (REIT), focusing on acquiring and managing commercial properties in Manhattan [4] - As of September 30, 2025, the company held interests in 53 buildings totaling 30.7 million square feet, including 27.1 million square feet of Manhattan buildings [4] Strategic Outlook - The transactions reflect SL Green's long-term commitment to well-located assets in Midtown Manhattan and its capability to execute loan modifications that enhance the maturity profile while maintaining favorable terms [3] - The property at 800 Third Avenue is strategically located near Grand Central Terminal and benefits from ongoing residential conversions in the area, which are expected to drive growth in the office sector [3]
QGold to Host Live Webinar to Discuss Corporate Update
Globenewswire· 2025-12-05 12:30
Core Points - Q-Gold Resources Ltd. will host a corporate update presentation on December 10, 2025, at 10:30 a.m. EST, featuring CEO Peter Tagliamonte discussing business developments [1][2] - The company has granted 500,000 stock options to a director and officer, with an exercise price of $0.28 per option, vesting immediately and subject to a four-month hold period [3] - Q-Gold is focused on advancing its gold and silver projects, particularly the Quartz Mountain Gold Project in Oregon and the Mine Centre Gold Project in Ontario [5] Company Overview - Q-Gold Resources Ltd. is a publicly traded mineral exploration and development company based in North America, listed on TSX Venture Exchange, OTCQB, and Börse Frankfurt [4] - The company aims to progress its portfolio of gold and silver assets toward production through systematic exploration and responsible environmental stewardship [5]
Serve Robotics Expands in South Florida, Launching Autonomous Deliveries in Fort Lauderdale with Uber Eats
Globenewswire· 2025-12-05 12:30
Core Insights - Serve Robotics Inc. has expanded its autonomous sidewalk delivery service into Fort Lauderdale, enhancing its presence in South Florida's delivery market [1][4] - The service allows customers in Downtown and Las Olas Boulevard to receive restaurant orders via AI-powered robots through Uber Eats, promoting sustainable and cost-efficient delivery options [2][3] Company Expansion - The launch in Fort Lauderdale is part of Serve's broader strategy to deploy 2,000 delivery robots across the U.S. by the end of the year, building on previous successes in cities like Los Angeles, Chicago, and Miami [4][5] - The company has completed over 100,000 deliveries for partners such as Uber Eats and 7-Eleven since its spin-off from Uber in 2021 [5] Market Potential - South Florida is identified as a strong market for autonomous delivery, with Fort Lauderdale's vibrant restaurant scene and tech-savvy community providing an ideal environment for the service [3][4] - The city is known for its diverse culinary offerings, which can enhance customer experiences and support restaurant partners [3]
Nexxen to Participate in Raymond James TMT and Consumer Conference on December 9, 2025
Globenewswire· 2025-12-05 12:30
Core Insights - Nexxen International Ltd. will participate in the Raymond James TMT and Consumer Conference on December 9, 2025, in New York, NY [1][2] - The company will host a fireside chat at 8:40 AM ET, with a live webcast available on its investor relations website [2] - Nexxen is a global advertising technology platform specializing in data and advanced TV, offering a unified technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP) [3] Company Overview - Nexxen empowers advertisers, agencies, publishers, and broadcasters to utilize data and advanced TV effectively [3] - The company's technology capabilities include discovery, planning, activation, monetization, measurement, and optimization, available individually or in combination [3] - Nexxen is headquartered in Israel and has offices in the United States, Canada, Europe, and Asia-Pacific, and is traded on Nasdaq under the ticker NEXN [4]
Stock Yards Bancorp Named to Piper Sandler Sm-All Stars: Class of 2025 List for Small-Cap Banks
Globenewswire· 2025-12-05 12:30
Core Insights - Stock Yards Bancorp, Inc. has been recognized as one of the top-performing small-cap banks in the U.S. by Piper Sandler, being named a "Sm-All Star" for 2025 [1][2] - This recognition is based on various performance metrics including growth, profitability, credit quality, and capital strength [1] - Stock Yards Bancorp has achieved this distinction seven times since 2008, indicating a consistent performance over the years [2] Company Overview - Stock Yards Bancorp, Inc. is based in Louisville, Kentucky, and has total assets of $9.31 billion [3] - The company was incorporated in 1988 and serves as the parent company of Stock Yards Bank & Trust Company, which was established in 1904 [3] - The common shares of Stock Yards Bancorp trade on The NASDAQ Stock Market under the symbol "SYBT" [3]