Workflow
Sky Quarry Applies for Recycling Permit to Launch Integrated Energy Facility in Utah
Globenewswire· 2025-06-12 12:45
“Unlocking New Commercial Pathways and Expanding Revenue-Generating Operations”WOODS CROSS, Utah, June 12, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced that it has filed a Waste Management Recycling Permit application to Utah regulators. If approved, the permit would allow the Company to operate a combined oil sands extraction and waste ...
MACOM IMS 2025 Product Preview – Radar
Globenewswire· 2025-06-12 12:45
LOWELL, Mass., June 12, 2025 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor products, announced a new suite of high performance RF solutions designed to meet the demanding requirements of advanced radar systems. Many of these solutions will be demonstrated in MACOM’s Booth 943 at the upcoming International Microwave Symposium (IMS) on June 17 to 19, 2025 in San Francisco, CA. S-Band (2 – 4 GHz): High Power GaN-on-SiC AmplifiersA new family of 65 V, 50-ohm ...
Alpha Modus Expands Strategic Patent Licensing Program with VSBLTY Partnership
Globenewswire· 2025-06-12 12:45
CORNELIUS, N.C. and PHILADELPHIA, June 12, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ: AMOD), a leading force in AI-driven retail innovation, announced today a definitive licensing agreement with VSBLTY Groupe Technologies Corp. (OTC: VSBGF), a company specializing in AI-based security and retail analytics solutions. This agreement signals a deepening commercial relationship rooted in Alpha Modus’ robust patent portfolio. "This deal is more than a license—it’s validation of our technology’ ...
Acceleware Launches Transformative Strategic Plan to Support Growth Objectives
Globenewswire· 2025-06-12 12:37
Core Viewpoint - Acceleware Ltd. has announced a transformative strategic plan aimed at establishing the company as a revenue-generating and cash-flowing enterprise, with a focus on enhancing profitability and shareholder value [2][4]. Group 1: Strategic Plan Overview - The strategic plan has been developed by management and approved by the board of directors, with expectations to drive profitability and long-term stability [2]. - The plan emphasizes strengthening revenue generation and improving economic performance, targeting new market and client commitments [2]. - Key components of the plan include a focused investment strategy, RF XL commercialization, and a shift from research and development to cash flow generation [4]. Group 2: Financing and Investment Strategy - Acceleware intends to secure funding for high-potential applications to support near-term revenue and long-term growth, while strengthening the balance sheet [4]. - The company is considering strategic restructuring options to maximize capital investment for surface applications, particularly in amine regeneration and critical minerals heating [4]. Group 3: RF XL Commercialization - Acceleware is looking to acquire additional production rights to heavy oil assets in western Canada and deploy RF XL as an enhanced oil recovery method [4]. - The new RF XL V2.0 design aims to eliminate water ingress, simplify deployment, and reduce per well capital costs by approximately 30% compared to the previous version [4]. Group 4: Growth and Culture - The plan includes aggressive initiatives to align teams with business growth objectives, transitioning the company's focus towards cash flow generation [4]. - The management team is committed to executing the plan and anticipates significant progress in the coming months [2]. Group 5: Technological Advancements - Acceleware is utilizing its patented Clean Tech Inverter to enhance the efficiency of amine regeneration and is collaborating with partners to decarbonize potash ore drying [5]. - The company is actively developing additional process heat applications and partnerships for RF heating [5].
Fortrea Adopts Limited-Duration Stockholder Rights Plan
Globenewswire· 2025-06-12 12:36
Core Viewpoint - Fortrea has adopted a limited-duration stockholder rights plan to protect the long-term value for all stockholders and ensure fair treatment in potential takeover situations [1][2][3] Summary by Sections Rights Plan Purpose - The Rights Plan aims to enable stockholders to realize long-term investment value and ensure fair treatment during any proposed takeover [2] - It is designed to prevent tactics that could allow control of the Company without appropriate compensation to all stockholders [2] - The plan was initiated in response to significant dislocation in the trading price of the Company's stock and interest from third parties to capitalize on this dislocation [2] Rights Plan Details - The Rights Plan applies equally to all current and future stockholders and does not deter offers or preclude the Board from considering beneficial transactions [3] - Fortrea will issue one right for each share of common stock as of June 23, 2025, with rights becoming exercisable if any person acquires 10% or more of the outstanding common stock [4] - If exercisable, rights holders (excluding the triggering person) can acquire shares at a 50% discount or exchange rights for one share of common stock [4] - The Board can redeem the rights at $0.001 per right, and the plan does not limit future Boards' ability to redeem the rights [4] Company Overview - Fortrea is a leading global provider of clinical development solutions to the life sciences industry, partnering with biopharmaceutical, biotechnology, medical device, and diagnostic companies [6] - The Company offers phase I-IV clinical trial management, clinical pharmacology, and consulting services, leveraging over 30 years of experience across more than 20 therapeutic areas [6]
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].