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Verano Holdings Corp. Announces Shareholder Approval to Redomicile Parent Company from British Columbia to Nevada 
Globenewswire· 2025-10-28 11:00
Core Viewpoint - Verano Holdings Corp. has received shareholder approval to redomicile from British Columbia, Canada, to Nevada, with plans to finalize the process as soon as possible despite delays due to an employee strike at the British Columbia Registrar of Companies [1][2]. Company Overview - Verano Holdings Corp. is a leading multi-state cannabis company in the U.S., recognized for its historical revenue, geographic reach, and brand performance [5]. - The company operates under various dispensary brands, including Zen Leaf and MÜV, and offers a range of high-quality cannabis products through its diverse portfolio [5]. - Verano's operations span 13 U.S. states, with 15 production facilities and over 1.1 million square feet of cultivation capacity [5]. Redomicile Details - The redomicile plan involves a Continuance from British Columbia to Nevada, where existing subordinate voting shares will be exchanged on a one-for-one basis for Nevada Common Stock [3]. - All outstanding stock options and restricted stock units will be adjusted to reflect the new Nevada Common Stock [3].
ESPAS and Steinehelden Use Descartes' Solution to Optimize Ecommerce Productivity by 500% While Supporting Special Needs of Workers
Globenewswire· 2025-10-28 10:45
Core Insights - Descartes Systems Group has announced that ESPAS and Steinehelden are utilizing its ecommerce warehouse management system (WMS) to enhance ecommerce fulfillment processes, reduce error rates, and improve customer satisfaction [1][2] Group 1: Company Overview - Descartes Systems Group is a global leader in providing on-demand, software-as-a-service solutions aimed at improving the productivity, security, and sustainability of logistics-intensive businesses [3] - ESPAS is a non-profit foundation in Switzerland focused on labor integration, managing ecommerce fulfillment for various web shops [4] - Steinehelden is a non-profit company in Germany that operates an online shop for LEGO® products, promoting social inclusion by employing individuals with and without disabilities [6] Group 2: Implementation and Impact - Since implementing Descartes' ecommerce WMS in 2022, ESPAS has increased order processing productivity by 500% through automation and reduced error rates [2] - The user-friendly interface of the WMS allows employees, including those with disabilities, to independently manage fulfillment activities, enhancing operational efficiency and employee confidence [2] - Steinehelden benefits from optimized order processing during peak periods, with features of the WMS tailored to accommodate employees with disabilities, improving overall employee satisfaction and customer service [2] Group 3: Industry Context - The logistics and supply chain industry is facing workforce challenges, and modern logistics technologies like Descartes' solutions can enhance operational efficiency and support recruitment and retention strategies [2]
Onity Group Schedules Conference Call – Third Quarter 2025 Results and Business Update
Globenewswire· 2025-10-28 10:45
WEST PALM BEACH, Fla., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that it will hold a conference call on Thursday, November 6, 2025 at 8:30 a.m. (ET) to review the Company’s third quarter 2025 operating results and provide a business update. All interested parties are welcome to participate. You can access the conference call by dialing (833) 316-1983 or (785) 838-9310 approximately 10 minutes prior to the call; please reference the conference ...
GeneDx Reports Third Quarter 2025 Financial Results and Business Highlights
Businesswire· 2025-10-28 10:30
Core Insights - GeneDx Holdings Corp. reported strong financial results for Q3 2025, highlighting significant growth in genomic testing and improved profitability metrics [2][7][8] - The company received FDA Breakthrough Device Designation for its ExomeDx™ and GenomeDx™ tests, emphasizing its leadership in genomic medicine [3][7][24] Financial Performance - Revenues reached $116.7 million, representing a 52% year-over-year increase [8] - Exome and genome test revenue grew to $98.9 million, a 65% increase year-over-year [8] - Adjusted gross margin expanded to 74%, up from 64% in Q3 2024, while GAAP gross margin was reported at 72% [4][8] - Adjusted net income for Q3 2025 was $14.7 million, compared to $2.0 million in Q3 2024, while GAAP net loss was $7.6 million [5][8] Operational Highlights - The volume of exome and genome tests increased by 33% year-over-year, totaling 25,702 tests [8] - Adjusted total operating expenses were $71.2 million, representing 61% of revenue, a slight decrease from 62% in Q3 2024 [8] - The company ended the quarter with a cash position of $156.1 million, including $8.8 million in free cash flow generated [8] Strategic Initiatives - GeneDx raised its full-year 2025 revenue guidance to between $425 million and $428 million, with expected growth in exome and genome revenue between 53% to 55% [7][9] - The company is leading genomic newborn screening initiatives, including participation in the NIH BEACONS initiative and a partnership with Florida's Sunshine Genetics Network [13] - GeneDx introduced GeneDx Infinity™, the largest rare disease dataset, enhancing its genomic testing capabilities [13][15] Market Position - GeneDx is positioned as a leader in genomic newborn screening, being the sole commercial testing provider for new programs [7][13] - The company is actively expanding its market presence and investing in sustainable growth with attractive margins [6][7]
Azimut Obtains High-Grade Gold Results from Channel Sampling on the Rosa Zone, Wabamisk Project, James Bay, Quebec
Globenewswire· 2025-10-28 10:30
Maiden Drilling Program Reveals Visible Gold in Several HolesLONGUEUIL, Québec, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) announces that high-grade gold assay results have been obtained from channel sampling on the Rosa Zone (“Rosa”), which was discovered by prospecting this summer on the Company’s wholly owned Wabamisk Property (the “Property”) in the Eeyou Istchee James Bay (“James Bay”) region of Québec, Canada. In addition, several h ...
Nova Commences Key Mining and Processing Equipment Procurement to Expediate Antimony Production
Globenewswire· 2025-10-28 10:30
Core Viewpoint - Nova Minerals Limited has initiated the procurement of essential mining and processing equipment for its Estelle starter antimony mining operations and downstream refinery at Port Mackenzie, Alaska, with the first production of military-grade antimony trisulfide expected in 2026/27 [1][6]. Equipment Procurement - All equipment is scheduled for delivery in the coming months, with transportation to the site planned via snow road in January 2026 [3]. - Key equipment purchases include two ore sorters, which demonstrated a 60.3% recovery rate of antimony from a 500 kg sample, significantly improving the feed grade from 15.2% to 35.2% Sb [3][4]. - One ore sorter will be installed at the Whiskey Bravo camp for processing stibnite ore stockpiles, while the second will be at the Port Mackenzie refinery site [4]. Strategic Objectives - The equipment purchases are aimed at advancing Nova's strategy to establish a fully integrated U.S. domestic antimony supply chain centered at Port Mackenzie, Alaska [5]. - The company is focused on securing a robust domestic supply chain for military-grade antimony, supported by a non-dilutive US$43.4 million award from the U.S. Department of War [6][7]. Financial Position - Nova has a strong balance sheet with approximately A$83.0 million in funding, including A$17.5 million in cash and the US$43.4 million award [9]. - These resources are expected to support the company's ambitious antimony and gold development programs without delay [9]. Exploration and Resource Development - The exploration team is advancing the broader Estelle Gold Project, with 2025 drilling and sampling programs completed and assays pending [9]. - An updated Mineral Resource Estimate is expected to further define Nova's growing gold and antimony portfolio in Alaska [9]. Market Position - Nova is positioned as a leader in the U.S. antimony production sector, bolstered by strong government support and increasing demand from partners for additional feedstock [7][8]. - The company aims to foster America's antimony independence while capitalizing on its first mover advantage in the market [8].
CHEERS Telepathy AI 3.0 Launches: Redefining Portrait Creation with Intelligent Technology
Globenewswire· 2025-10-28 10:30
BEIJING, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer Holding” or the “Company”), a leading provider of advanced mobile internet infrastructure and platform services, today unveiled CHEERS Telepathy AI 3.0, a groundbreaking release that reimagines AI-powered creation. This major update delivers a full-stack technological revolution, ushering in a new era where professional-grade portrait photography seamlessly converges with dynamic content generation-all accessible through an ...
EHGO Announces Strategic Partnership with Renowned IT Hardware Brand MAXSUN to Officially Expand into the U.S. Market
Globenewswire· 2025-10-28 10:30
eShallgo, inc. Photo eShallgo, inc. Photo New York, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Shanghai, October 28, 2025 – Eshallgo Inc. ("Eshallgo" or the "Company") (Nasdaq: EHGO), a leading provider of integrated office and enterprise technology along with a suite of AI intelligence solutions in China, today announced that its U.S. subsidiary, Eshallgo USA Inc., has entered into a strategic partnership with Guangzhou Shangke Information Technology (Hong Kong) Co., Ltd., the global distributor of MAXSUN, one ...
Regeneron Reports Third Quarter 2025 Financial and Operating Results
Globenewswire· 2025-10-28 10:30
Third quarter 2025 revenues increased 1% to $3.75 billion versus third quarter 2024Dupixent® global net sales (recorded by Sanofi) increased 27% to $4.86 billion EYLEA HD® U.S. net sales increased 10% to $431 million; total EYLEA HD and EYLEA® U.S. net sales decreased 28% to $1.11 billion GAAP EPS of $13.62 and non-GAAP EPS(a) of $11.83; third quarter 2025 includes unfavorable $0.68 impact from acquired IPR&D chargeFDA approved Libtayo® as the first and only immunotherapy for high-risk adjuvant cutaneous sq ...
onsemi’s Treo Platform Selected by Teledyne for Advanced Infrared Imaging Design
Globenewswire· 2025-10-28 10:15
Core Insights - onsemi's Treo platform has been selected by Teledyne Technologies to develop next-generation readout integrated circuit (ROIC) ASICs for infrared imaging systems, emphasizing its advanced capabilities in aerospace, defense, security, and scientific applications [1][4]. Group 1: Technology and Features - The Treo platform is built on a 65nm node and features a modular architecture with a rich set of IP building blocks, which accelerates development and reduces time-to-market [2]. - Key features of the Treo platform include higher gate density for improved performance in a smaller footprint, lower power dissipation for enhanced efficiency, and dense on-chip energy storage for better signal integrity [7]. - The platform supports a wide temperature range, ensuring consistent performance in extreme conditions, and includes die stitching for large-format sensor designs [7]. Group 2: Strategic Importance - The Treo platform is manufactured in onsemi's East Fishkill, NY facility, which holds Category 1A Trusted Supplier accreditation, addressing the U.S. government's need for domestic chip manufacturing in support of national security [6]. - The platform's capabilities are critical for developing high-performance imaging sensors that operate reliably in harsh environments, which is essential for Teledyne's space products [5]. Group 3: Market Position and Future Outlook - onsemi is positioned to drive innovations in various megatrends, including vehicle electrification, sustainable energy grids, and industrial automation, with a focus on delivering intelligent power and sensing technologies [8]. - The collaboration with Teledyne Technologies highlights onsemi's role in advancing next-generation infrared imaging systems, which are vital for mission-critical applications [1][5].