Workflow
Citius Pharmaceuticals Announces Closing of Registered Direct Offering of Up To $15.8 Million Priced At-The-Market Under Nasdaq Rules
Prnewswire· 2025-06-12 12:35
Core Viewpoint - Citius Pharmaceuticals Inc. has successfully closed a registered direct offering, raising approximately $6 million, with potential additional proceeds of up to $9.8 million from short-term warrants [1][3]. Group 1: Offering Details - The offering consisted of 4,920,000 shares of common stock priced at $1.22 per share, along with short-term warrants to purchase an additional 9,840,000 shares [1][3]. - The short-term warrants have an exercise price of $1.00 per share, are immediately exercisable, and will expire 24 months from the initial exercise date [1][3]. Group 2: Use of Proceeds - The net proceeds from the offering are intended to support the commercial launch of LYMPHIR™, including milestone and regulatory payments, as well as general corporate purposes [3]. Group 3: Company Background - Citius Pharmaceuticals is focused on developing first-in-class critical care products, with LYMPHIR approved by the FDA for treating cutaneous T-cell lymphoma [6]. - The company also has a late-stage pipeline that includes Mino-Lok®, an antibiotic lock solution, and CITI-002 (Halo-Lido), a topical formulation for hemorrhoid relief [6].
Lakeland Fire + Safety to Attend the 15th Annual ROTH London Conference
Globenewswire· 2025-06-12 12:31
Company Overview - Lakeland Industries, Inc. is a leading global manufacturer of protective clothing and apparel for various sectors including industry, healthcare, and first responders [4] - The company offers a comprehensive line of fire services and industrial protective clothing and accessories, sold globally through in-house sales teams and authorized independent sales representatives [4] - Lakeland serves a diverse range of end users including integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, and governmental agencies [4] Upcoming Event - Jim Jenkins, CEO, and Roger Shannon, CFO, will attend the 15th Annual ROTH London Conference from June 24-26, 2025 [1][3] - The event will feature one-on-one and small group meetings with institutional investors [2][3] - The conference will take place at the Four Seasons Hotel London at Park Lane [3]
Netcapital Announces Formation of Game Advisory Board
Globenewswire· 2025-06-12 12:30
BOSTON, MA, June 12, 2025 (GLOBE NEWSWIRE) -- Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced the formation of its Game Advisory Board to support strategic growth initiatives and deepen engagement with the online game community. The Game Advisory Board brings together a select group of industry leaders with expertise in innovative marketing, emerging technologies, strategic partnerships, and operational scale. Appointed members include Trey ...
Premier Air Charter, Inc. Announces Notable Increase in Bookings to Mexico as More Travelers Seek Personalized and Convenient Air Travel Solutions
Globenewswire· 2025-06-12 12:30
CARLSBAD, Calif., June 12, 2025 (GLOBE NEWSWIRE) -- Premier Air Charter Holdings Inc. (OTC PINK: PREM) ("Premier Air Charter", "Premier"), is pleased to announce that its wholly owned subsidiary, Premier Air Charter, Inc., reported a notable increase in travel bookings to Mexico during the first quarter of 2025, which management believes reflect a strong demand for destination experiences. This increase aligns with the overall upward trend in the charter flight industry, as highlighted by Argus Internationa ...
Singfar Group Embraces Digitalization with iO3’s V.Sight AI Video Analytics for Vessel Surveillance
Globenewswire· 2025-06-12 12:30
Core Viewpoint - The deployment of iOThree Limited's V.Sight AI video analytics system across Singfar Group's bunker vessel fleet represents a significant advancement in digital transformation within the maritime sector, enhancing safety, efficiency, and operational management [1][2][4]. Group 1: Company Overview - iOThree Limited is a provider of digital solutions for the maritime industry, focusing on enhancing vessel operations and safety through advanced technologies [6]. - Singfar Group is a Singapore-based company dedicated to sustainable shipping and maritime energy solutions, utilizing both physical and digital tools to improve operational efficiency and reduce emissions [5]. Group 2: Technology Implementation - The phased implementation of the V.Sight AI system began in Q2 2024, with plans for full deployment across Singfar's fleet [2]. - V.Sight utilizes AI-driven video analytics to provide real-time insights, set monitored thresholds, and generate alerts for proactive risk management [2][3]. Group 3: Strategic Importance - The collaboration between iO3 and Singfar Group reflects a commitment to modernizing vessel operations and embracing digital transformation in the maritime sector [2][4]. - The V.Sight system enhances oversight, accountability, and decision-making, addressing real operational challenges in the industry [3]. Group 4: Industry Impact - The integration of iO3's AI-powered system is expected to elevate safety standards and redefine operational excellence within the bunker industry [4]. - This partnership underscores the growing importance of innovation and adaptability in shaping the future of global maritime operations [4].
Jeff’s’ Brands Announces 1-for-17 Reverse Share Split
Globenewswire· 2025-06-12 12:30
Following the reverse share split the Company will have approximately 553,385 outstanding shares Tel Aviv, Israel, June 12, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it intends to effect a one-for-seventeen (1-for-17) reverse split (the "Reverse Share Split") of the Company’s issued and outstanding ordinary shares, no par value per share (the "Ordinary Shares ...
Turbo Energy Granted Patent for Innovative System Enabling Seamless Storage Integration and Expansion of Photovoltaic Installations
Globenewswire· 2025-06-12 12:30
Core Insights - Turbo Energy S.A. has been granted a new patent for an innovative system that integrates energy storage and expands photovoltaic generation in upstream installations, enhancing energy efficiency and flexibility in self-consumption solar power systems [1][2][4] Patent Details - The patent (iP202430282) allows for the addition of energy storage and/or new photovoltaic panels to existing installations without complex retrofitting, optimizing energy usage and reducing reliance on the external power grid [2][3] - The patented solution introduces a "compensation value" concept that maintains a minimum grid consumption level, maximizing surplus energy capture and storage during peak production hours [3] Company Vision and Products - The CEO of Turbo Energy stated that this patent represents a significant advancement in distributed energy innovation, enabling users to control their energy production and storage capabilities [4] - The patented technology is incorporated into Turbo Energy's next-generation energy management solutions, including SUNBOX Home, SUNBOX Industry, and SUNBOX Utility for various applications [4][5] Company Background - Founded in 2013, Turbo Energy is recognized for its proprietary solar energy storage technologies managed through AI, aiming to reduce dependence on traditional energy sources and lower electricity costs [5] - Turbo Energy's flagship product, SUNBOX, is one of the first high-performance, competitively priced all-in-one home solar energy storage systems, featuring patented EV charging capability and AI processes for optimizing solar energy management [5]
Callinex Received 2-Year Exploration Permit for Pt. Leamington Project, Newfoundland
Globenewswire· 2025-06-12 12:30
Highlights: VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) -- Callinex Mines Inc. (the "Company" or "Callinex") (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce it has received exploration permits from the Department of Natural Resources, Newfoundland and Labrador, for its 100% owned Pt. Leamington Project (the "Project") which encompasses the Pt. Leamington volcanogenic massive sulphide ("VMS") Deposit (the "Deposit") located on the island of Newfoundland. Max Porterfield, President & CEO of ...
Micron and Trump Administration Announce Expanded U.S. Investments in Leading-Edge DRAM Manufacturing and R&D
Globenewswire· 2025-06-12 12:30
Core Viewpoint - Micron Technology plans to invest approximately $200 billion in semiconductor manufacturing and R&D in the U.S., aiming to enhance domestic memory supply and technology leadership, particularly in response to anticipated AI-driven demand [1][5][6]. Group 1: Investment Plans - Micron's investment includes $150 billion for domestic memory manufacturing and $50 billion for R&D, expected to create around 90,000 direct and indirect jobs [1][2]. - The investment will support the construction of two leading-edge high-volume fabs in Idaho, up to four in New York, and the expansion of the existing facility in Virginia [2][4]. - An additional $30 billion investment will be allocated for building a second memory fab in Idaho and modernizing the Virginia facility [1][4]. Group 2: Production and Capabilities - Micron's first Idaho fab is on track to begin DRAM output in 2027, with the second fab expected to come online before the first New York fab [3]. - The company plans to introduce advanced High Bandwidth Memory (HBM) packaging capabilities in the U.S. following the completion of the second Idaho fab [4]. - The investment aims to enable Micron to produce 40% of its DRAM in the U.S., driving economies of scale and faster time to market for leading-edge products [2][3]. Group 3: Government and Industry Support - The investment is supported by up to $6.4 billion in CHIPS Act direct funding, which will aid the construction of the fabs and the expansion of the Virginia facility [5][6]. - Industry leaders, including CEOs from Microsoft, NVIDIA, Apple, and AMD, have expressed strong support for Micron's initiative, highlighting its importance for innovation and competitiveness in the semiconductor industry [7][8][10][11]. Group 4: Workforce Development - Micron has committed over $325 million to develop the next-generation workforce and strengthen communities across Idaho, New York, and Virginia, focusing on semiconductor curriculum development and partnerships for apprenticeships [11].
CEA Industries Announces NASDAQ Ticker Symbol Change to "VAPE"
Globenewswire· 2025-06-12 12:30
Louisville, Colorado, June 12, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) ("CEA Industries" or the "Company"), today announced that it will change its ticker symbol on the NASDAQ Capital Market from "CEAD" to "VAPE." This change is expected to take effect at the opening of trading on Friday, June 13, 2025. The new ticker symbol "VAPE" reflects the Company's strategic focus on the rapidly growing vaping industry, following its recent acquisition of Fat Panda, a leading Canadian vape r ...