Signing Day Sports Shareholder Letter Details AI/HPC Infrastructure Opportunity with BlockchAIn Digital Infrastructure
Globenewswire· 2025-12-05 11:50
Core Viewpoint - Signing Day Sports is advancing a business combination with BlockchAIn Digital Infrastructure, which is expected to create significant long-term value for shareholders [2][6][15] Business Combination Details - The business combination agreement was initially signed on May 27, 2025, and amended on November 10, 2025 [2] - Upon closing, Signing Day Sports shareholders will receive approximately 8.5% of the combined company's common stock, valued at about $20 million, while BlockchAIn LLC's securityholders will receive approximately 91.5%, valued at around $215 million [3] - An earnout of 11.628% of total shares will be available to BlockchAIn LLC's securityholders if BlockchAIn Inc. achieves an EBITDA of $25 million for the fiscal year ending December 31, 2026 [3] Transaction Timeline - The transaction is anticipated to close in the first quarter of 2026, pending shareholder approval and NYSE American listing approval [5] Valuation Insights - The Signing Day Sports Board received two fairness opinions, with the latest indicating an enterprise value range for BlockchAIn of $515.3 million to $776.7 million, with a midpoint of $646 million [7] - The initial fairness opinion estimated an enterprise value range of $280 million to $378.7 million, with a midpoint of $329.3 million [8] Strategic Benefits - The combination is expected to enhance Signing Day Sports' platform features and create new revenue streams through third-party data hosting services in sports technology and education markets [14] - Signing Day Sports will remain a wholly owned subsidiary, preserving its mission and brand while benefiting from the combined entity's infrastructure and cash flow [14] Market Positioning - BlockchAIn aims to expand its portfolio of high-density compute assets for AI applications, bitcoin mining, and high-performance computing [11] - The digital infrastructure market is rapidly evolving, with increasing demand for energy-efficient processing power, positioning BlockchAIn to capitalize on various compute-intensive applications [12] Infrastructure Assets - Key assets include a 40 MW data center in South Carolina and a planned 150 MW data center campus in Texas, which will support both crypto mining and AI/HPC activities [13][18] - The Texas facility is designed for modular construction, providing flexibility for different revenue mixes [13]
Auction result of Treasury Bonds - RIKB 38 0215 - RIKS 29 0917
Globenewswire· 2025-12-05 11:30
Core Insights - The article discusses the results of two bond auctions, RIKB 38 0215 and RIKS 29 0917, highlighting the total amounts allocated, bids received, and yields associated with each auction [1]. Auction Results Summary - **Total Amount Allocated**: RIKB 38 0215 allocated a total of 380 million, while RIKS 29 0917 allocated 4,107 million [1]. - **Bids Received**: RIKB 38 0215 received 4 bids totaling 480 million, and RIKS 29 0917 received 14 bids totaling 4,307 million [1]. - **Successful Bids**: RIKB 38 0215 had 3 successful bids, all allocated in full, while RIKS 29 0917 had 12 successful bids, also all allocated in full [1]. - **Yield and Price**: The lowest price and highest yield for RIKB 38 0215 were 102.105 and 6.240 respectively, while for RIKS 29 0917, they were 101.181 and 3.160 respectively [1]. - **Weighted Averages**: The weighted average price/yield for successful bids in RIKB 38 0215 was 102.341 / 6.220, and for RIKS 29 0917, it was 101.222 / 3.148 [1]. - **Bid to Cover Ratio**: The bid to cover ratio for RIKB 38 0215 was 1.26, indicating a strong demand, while RIKS 29 0917 had a ratio of 1.05, suggesting moderate demand [1].
Parsons Positioned to Continue Advancing the Defense Threat Reduction Agency's Efforts to Counter and Mitigate Weapons of Mass Destruction
Globenewswire· 2025-12-05 11:30
Core Insights - Parsons Corporation has been awarded the Cooperative Threat Reduction Integration Contract (CTRIC) IV by the Defense Threat Reduction Agency (DTRA), highlighting its leadership in global threat reduction and security [1][3] - The contract has a ceiling value of $3.5 billion and includes a five-year base period with one five-year option period [1][2] Contract Details - Under the CTRIC IV contract, Parsons will compete for task orders aimed at reducing threats from weapons of mass destruction (WMD), including chemical, biological, radiological, and nuclear threats [2] - The efforts will involve eliminating, securing, or consolidating WMD and related materials, as well as assisting partner nations in enhancing their operational capabilities to prevent and detect illicit trafficking of WMD-related materials and technology [2] Company Positioning - Parsons has a long-standing partnership with DTRA and is committed to leveraging its national security solutions experience to support initiatives that counter WMD and emerging threats globally [3] - The CTRIC IV contract positions Parsons to continue its critical work with DTRA, further supporting the Cooperative Threat Reduction Directorate in addressing WMD-related threats [3] Company Overview - Parsons is recognized as a leading disruptive technology provider in national security and global infrastructure markets, with capabilities spanning cyber and electronic warfare, space and missile defense, and critical infrastructure protection [5]
Baltic Horizon Fund subsidiary BOF Sky SIA received notice of lease agreement termination
Globenewswire· 2025-12-05 11:26
Core Points - Baltic Horizon Fund's subsidiary BOF Sky SIA has received a notice of lease termination from tenant Skai Baltija for a shop of approximately 2,600 sq.m in Riga [1] - The management company considers this termination notice invalid as the lease agreement is unbreakable and runs until the end of 2029 [2] - The Fund plans to dispute the termination in court and seek compensation for any losses incurred if the tenant proceeds with the termination [2] Company Information - Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Baltic Horizon Capital AS, which holds an Alternative Investment Fund Manager license [3] - For further inquiries, the Fund manager Tarmo Karotam can be contacted via email [3]
Stellantis’ Shares to Win Employee Purchase Plan Reaches 22 Million Shares Subscribed in Over Three Years
Globenewswire· 2025-12-05 11:22
Core Insights - Stellantis' employee share purchase plan, Shares to Win, has successfully engaged over 235,000 employees across 20 countries, resulting in 22 million shares subscribed since its launch in 2023 [2][5][6] Group 1: Program Overview - Shares to Win is designed to foster employee engagement and pride, reflecting Stellantis' people-first mindset [3][4] - The program has been held annually since its inception in 2023, with the 2025 edition marking the third consecutive year [3][6] - The plan has expanded its reach, increasing the number of participating countries from previous years [3][6] Group 2: Financial Impact - A total of €209 million has been invested in the Shares to Win program, with €141 million from personal subscriptions and €68 million from Stellantis' matching contributions [5][6] - Employees collectively hold 2.8% of Stellantis' capital, an increase of 1.1 percentage points since October 2023 [5][8] Group 3: Employee Participation - The average investment per employee in 2025 exceeded €1,150, indicating strong participation [6][8] - The program offered a 20% discount on the Stellantis share price, with a subscription price of €6.52 [7] - Stellantis provided a matching contribution on personal investments, enhancing the incentive for employees to participate [7]
All conditions met – the Danish FSA approves merger between Sydbank A/S, Arbejdernes Landsbank and Vestjysk Bank
Globenewswire· 2025-12-05 11:20
Core Points - The Danish FSA has approved the merger between Sydbank A/S, Arbejdernes Landsbank, and Vestjysk Bank, satisfying all conditions for completion [3] - The merger was previously approved by the Danish Competition and Consumer Authority [2] - General meetings for the three banks were held on December 2, 3, and 4, 2025, where the merger was approved [2] Company Details - The merger will be registered with the Danish Business Authority on December 8, 2025 [3] - The last trading day for shares in Vestjysk Bank A/S is set for December 9, 2025, with the exchange of shares expected on December 12, 2025 [3] - The exchange of shares in Arbejdernes Landsbank is also expected to occur on December 12, 2025 [3]
Capricor Therapeutics Announces Pricing of $150 Million Public Offering of Common Stock
Globenewswire· 2025-12-05 11:15
Core Viewpoint - Capricor Therapeutics, Inc. has announced a public offering of 6,000,000 shares of common stock priced at $25.00 per share, aiming to raise approximately $150 million in gross proceeds to support its product development and general corporate purposes [1][2][3]. Group 1: Offering Details - The public offering consists of 6,000,000 shares at a price of $25.00 per share, with an additional 900,000 shares available for underwriters to purchase within 30 days [1] - The offering is expected to close around December 8, 2025, pending customary closing conditions [1] - Piper Sandler and Oppenheimer & Co. are the joint book-running managers, while H.C. Wainwright & Co. serves as the co-manager for the offering [2] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for the continued development and manufacturing of product candidates, working capital, and general corporate purposes [3] Group 3: Company Overview - Capricor Therapeutics focuses on developing cell and exosome-based therapeutics, with its lead product candidate, Deramiocel, in late-stage clinical development for Duchenne muscular dystrophy (DMD) [6] - Deramiocel has shown significant immunomodulatory and anti-fibrotic effects in preserving cardiac and skeletal muscle function in DMD patients [6] - The company is also advancing its proprietary StealthX™ platform for targeted delivery of therapeutics, with applications in vaccinology and treatment of various diseases [6] Group 4: Regulatory and Commercialization - The offering is conducted under an effective shelf registration statement filed with the SEC, ensuring compliance with regulatory requirements [4] - Capricor has an exclusive agreement with Nippon Shinyaku Co., Ltd. for the commercialization and distribution of Deramiocel in the U.S. and Japan, pending regulatory approval [9]
BW Offshore: Confirms strategic review process
Globenewswire· 2025-12-05 11:12
Core Viewpoint - BW Offshore Limited is currently undergoing a limited strategic review of its potential options and has engaged Pareto Securities for assistance in this process [1] Company Overview - BW Offshore specializes in innovative floating production solutions and operates a fleet of Floating Production Storage and Offloading (FPSO) units [2] - The company has a strong ambition to grow, leveraging four decades of offshore operations and project execution to create tailored offshore energy solutions for evolving markets worldwide [2] - BW Offshore employs approximately 900 individuals and is publicly listed on the Oslo stock exchange [2] Regulatory Information - The information disclosed is considered inside information under the EU Market Abuse Regulation and is subject to the disclosure requirements of the Norwegian Securities Trading Act [3] - The stock exchange release was published by Eric Stousland, Manager Corporate Finance & Investor Relations, on 5 December 2025 at 12:15 CET [3]
Immatics Announces $125 Million Underwritten Offering
Globenewswire· 2025-12-05 11:00
Core Viewpoint - Immatics N.V. has announced an underwritten offering of 12,500,000 ordinary shares at a price of $10.00 per share, aiming to raise gross proceeds of $125 million before expenses [1]. Company Overview - Immatics is a clinical-stage biopharmaceutical company focused on precision targeting of PRAME, a target expressed in over 50 types of cancer. The company boasts a robust clinical pipeline and the broadest PRAME franchise, which includes TCR T-cell therapies and TCR bispecifics [4]. Offering Details - The offering is expected to close on December 8, 2025, subject to customary closing conditions [1]. - Jefferies, Leerink Partners, and Cantor are acting as joint book-running managers for the offering [2]. - A registration statement for the securities has been filed with the U.S. Securities and Exchange Commission and was declared effective on April 3, 2025 [3].
Parex Resources Announces Llanos Foothills Strategic Alliance, Operational Strength, and Timing of 2026 Guidance
Globenewswire· 2025-12-05 11:00
Core Insights - Parex Resources Inc. and Ecopetrol S.A. have established a full strategic alliance for the Llanos Foothills exploration program, marking a significant commitment to gas development in Colombia [1][3] - The partnership aims to leverage shared expertise and modern technology to enhance natural gas production and attract foreign investment [4] - Parex plans to release its 2026 guidance on January 19, 2026, indicating ongoing operational momentum and production performance [1][12] Production Update - Average production in November 2025 was 50,300 boe/d, with a year-to-date average of 44,550 boe/d for 2025, aligning with the company's annual production guidance [10][11] - Production was primarily driven by new wells at LLA-32 and LLA-74, which have shown strong initial rates [10] Exploration Developments - The Llanos Foothills exploration program is recognized for its world-class exploration potential, with Parex and Ecopetrol reinforcing their joint position [5] - The Farallones exploration prospect has received all regulatory approvals, and initial work is underway [7][9] - Parex has finalized the Niscota agreement, enhancing its position in the Llanos Foothills and securing the Floreña Huron exploration prospect [8][9]