Workflow
Wilmington Capital Management Inc. Announces Changes to Board of Directors
Globenewswire· 2025-12-31 21:13
Core Viewpoint - Wilmington Capital Management Inc. announced changes to its Board of Directors as part of a transition plan aimed at supporting long-term growth [1][2][3] Board Changes - Messrs. Joseph Killi, Christopher Killi, and Marc Sardachuk have stepped down from their roles as Directors and Officers of the Corporation, with gratitude expressed for their significant contributions during their tenure [2] - New appointments to the Board include Messrs. Irfhan Rawji, Francis Cooke, and Matt Rachiele, who bring diverse experience to support the Corporation's growth strategy [3] Company Overview - Wilmington is a Canadian investment company focused on seeking investment opportunities in alternative asset classes for long-term capital appreciation rather than current income returns [4] - The Corporation invests its own capital alongside partners and co-investors in hard assets and private equity funds, managing these assets through operating entities [4]
WF HOLDING LIMITED Announces Interim Financial Results for the Six Months Ended June 30, 2025
Globenewswire· 2025-12-31 21:05
Core Viewpoint - WF Holding Limited reported significant growth in revenue for the first half of 2025, driven by the completion of high-value projects, but faced increased costs leading to a net loss compared to the previous year [4][11]. Financial Performance - Revenue increased by $1,448,789, or 70.09%, to $3,515,890 for the six months ended June 30, 2025, compared to $2,067,101 for the same period in 2024 [4][7]. - Cost of sales rose by $1,078,000, or 86.68%, to $2,321,681, resulting in a cost of sales percentage of 66.03% for 2025, up from 60.17% in 2024 [5][7]. - Gross profit increased by $370,789, or 45.03%, to $1,194,209, with a gross margin of 33.97% in 2025, down from 39.83% in 2024 [6][7]. - Administrative expenses surged by $839,479, or 133.26%, to $1,469,419, representing 41.79% of revenue in 2025, compared to 30.47% in 2024 [8]. - The company reported a net loss of $320,544 for the six months ended June 30, 2025, compared to a net income of $218,705 for the same period in 2024, marking a decrease of $539,249, or 246.56% [11][17]. Cash Flow and Financial Position - As of June 30, 2025, the company had cash and cash equivalents of $3,150,892, a significant increase from $679,044 at the end of June 2024 [21]. - The company raised approximately $8 million from its initial public offering on March 28, 2025, and an additional $960,000 from a partial over-allotment option on May 7, 2025 [7]. - Total assets increased to $15,683,370 as of June 30, 2025, compared to $6,215,437 at the end of 2024 [15][16]. Investment and Acquisitions - On May 15, 2025, the company acquired 100% of Global Key Investment Limited for $3 million, which holds a significant stake in Carlico International Group Holdings Limited [7].
ZOOZ Strategy Ltd. Annual Shareholder Letter
Globenewswire· 2025-12-31 21:05
Core Viewpoint - ZOOZ Strategy Ltd. has transformed from a kinetic energy storage company to a dual-listed entity on Nasdaq and TASE, adopting Bitcoin as its primary treasury reserve asset, reflecting a strategic shift in response to global economic changes [1][2]. Strategic Overview - The transition to a Bitcoin standard positions the company as a bridge between traditional capital markets and the emerging digital asset economy, aiming to maximize shareholder value [2]. - Management expresses strong conviction in Bitcoin as a premier store of value, viewing it as reliable collateral that is open, neutral, and censorship-resistant [3]. Market Dynamics - Recent market dynamics indicate a maturing asset class, with potential for broad institutional adoption and increasing scarcity of Bitcoin, suggesting a multi-decade growth story [4]. - The company believes that as global liquidity expands, Bitcoin will serve as both a hedge and a vehicle for asymmetric upside [4]. Strategic Pillars for 2026 - The company plans to execute a four-part strategy to enhance shareholder value: 1. **Optimization of Legacy Operations**: Reducing costs in the kinetic energy storage business to focus on Bitcoin treasury [7]. 2. **Improved Transparency**: Launching a Treasury Dashboard to provide clear insights into Bitcoin holdings and their value per share [7]. 3. **Yield Generation**: Identifying low-risk opportunities to earn yield from Bitcoin and cash positions without diluting shareholder value [7]. 4. **Strategic Expansion**: Exploring cash-flowing businesses within the Bitcoin ecosystem to enhance operating cash flow [7].
Wintrust Financial Corporation Announces Fourth Quarter and Full Year 2025 Earnings Release Schedule
Globenewswire· 2025-12-31 21:05
Core Viewpoint - Wintrust Financial Corporation will announce its fourth quarter and full year 2025 earnings results on January 20, 2026, after market close, followed by a conference call on January 21, 2026, at 10:00 a.m. CST [1] Group 1 - Individuals can participate in the conference call by registering to receive a dial-in number and unique PIN, with a recommendation to join 10 minutes prior to the start [2] - An accompanying slide presentation will be available on the company's website under the Investor Relations section [2] Group 2 - A replay of the audio-only webcast and the accompanying slide presentation will be accessible on the company's website after the event [3] - The text of the earnings release will also be available on the company's website under the Investor Relations section [3] Group 3 - Wintrust is a financial holding company with approximately $70 billion in assets, offering a community banking experience through over 200 retail banking locations across several states [4] - The company operates various non-bank business units, including residential mortgage origination, wealth management, and commercial insurance premium financing [4]
Smart Health Wearables Landmark: UTime Subsidiary Secures 50,000-Unit Mega Order, Opening New Chapter for UTime's Expansion into the North American Market
Globenewswire· 2025-12-31 20:45
Core Insights - UTime Limited has achieved a significant commercial breakthrough by signing a nearly $10 million procurement agreement with Tumu Vertex LLC for smart health devices, marking a strategic entry into the North American medical-grade wearable market [1][2][3] Group 1: Agreement Details - The signed Sales Agreement includes an initial purchase order for 50,000 premium smart health devices, specifically 25,000 units of the UT-168 BT Blood Pressure Watch, 25,000 units of the UR08 ECG Smart Ring, 25,000 units of the UT-368 4G Blood Pressure Watch, and 25,000 units of the UR01 Smart Ring [2][7] - The agreement adheres to internationally recognized trade frameworks, including FOB Hong Kong delivery, phased payments, and standardized quality assurance systems [2] Group 2: Strategic Importance - This collaboration is viewed as a significant strategic breakthrough for UTime in the North American market, demonstrating market recognition of its technological capabilities [3] - The partnership is expected to accelerate the development and implementation of next-generation health monitoring technologies within UTime's product portfolio [3] Group 3: Market Outlook - UTime anticipates explosive growth in the smart health device market due to increasing global health awareness and longer life expectancies [4] - The major purchase order is expected to strengthen UTime's position in the consumer electronics sector while laying a foundation for strategic growth in the medical technology field [4] Group 4: Company Overview - UTime Limited, trading under the NASDAQ ticker WTO, is engaged in the design, development, production, sales, and brand operation of mobile devices and smart wearable technology globally [5]
Regenx Announces Non-Brokered Financing for Gross Proceeds of $352,834
Globenewswire· 2025-12-31 19:17
Group 1 - Regenx Tech Corp. has secured unsecured and non-brokered financing amounting to $352,834 through Debenture Financing, with an interest rate of 25% per annum [1] - The company plans to utilize the proceeds from the debenture financing to support its operations and general working capital [1] Group 2 - Regenx Tech is a cleantech and urban mining company focused on recycling end-of-life diesel catalytic converters using proprietary technology to recover precious metals like platinum and palladium [2]
FCHL to Hold Extraordinary General Meeting on January 23, 2026
Globenewswire· 2025-12-31 18:22
Core Viewpoint - Fitness Champs Holdings Limited is set to hold an Extraordinary General Meeting (EGM) for shareholders on January 23, 2026, to discuss important resolutions [1][2]. Company Overview - Fitness Champs Holdings Limited is a prominent aquatic sports education provider in Singapore, offering swimming lessons for both children and adults, including ladies-only classes and aquatic sports such as water polo and competitive swimming [4]. - The company is recognized as one of the largest providers of swimming lessons to children in public schools through the SwimSafer program and has been providing private swimming lessons since 2012 [4]. - Fitness Champs aims to promote swimming as an enjoyable and affordable sport while focusing on water safety and fitness [4]. - The company plans to diversify its offerings by expanding into other sports, including pickleball [4]. EGM Details - The EGM will take place at 10 a.m. Singapore Time on January 23, 2026, at a specified location in Singapore [1]. - Shareholders listed in the register as of December 30, 2025, will be entitled to vote at the EGM [2]. - Relevant documents for the EGM, including the Notice, Proxy Statement, and Proxy Card, are available on the company's Investor Relations website and the SEC's website [3].
Copper Road Announces Closing of Second Tranche of Financing
Globenewswire· 2025-12-31 18:19
Core Viewpoint - Copper Road Resources Inc. has successfully closed the second and final tranche of its non-brokered private placement, raising a total of $539,640 through the sale of various units [1][3]. Group 1: Offering Details - The Offering consisted of the sale of 3,380,889 flow-through units at $0.045 each, 2,700,000 flow-through units at $0.05 each, and 6,312,500 hard-dollar units at $0.04 each [1]. - Each unit includes one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $0.05 within 18 months [2]. Group 2: Use of Proceeds - Proceeds from the sale of flow-through units will be allocated to eligible Canadian exploration expenses, specifically for the exploration of the Ben Nevis Project and other Ontario properties [3]. Group 3: Related Party Transaction - A director of the Company subscribed for 1,111,111 flow-through units, which is classified as a related party transaction. The Company is exempt from formal valuation and minority shareholder approval requirements due to the participation's fair market value being under 25% of its market capitalization [4]. Group 4: Regulatory Approvals - The completion of the Offering is contingent upon receiving all necessary regulatory approvals, including from the TSX Venture Exchange. The issued securities will be subject to a statutory hold period of four months and one day [5]. Group 5: Finder's Fees - In connection with the closing of the Second Tranche, the Company will pay a cash commission of $33,000 to eligible finders and issue 100,000 finder warrants, each exercisable for a common share at $0.05 for 18 months [6].
BWR Exploration Inc. and Electro Metals and Mining Inc. Shareholders Approve Amalgamation and Provide Financing Update
Globenewswire· 2025-12-31 17:54
Core Viewpoint - BWR Exploration Inc. and Electro Metals and Mining Inc. have received shareholder approval for a proposed amalgamation involving a Reverse Takeover of BWR by Electro, expected to close around January 31, 2026 [1][7]. BWR Voting Results - A total of 32,800,400 common shares of BWR were represented at the AGM, accounting for approximately 29.68% of the 110,510,461 common shares outstanding [2]. - Shareholders voted 100% in favor of several resolutions, including the amalgamation, appointment of auditors, election of directors, and other corporate actions [3]. Electro Voting Results - Shareholders holding 29,319,119 common shares of Electro attended the AGM, representing about 76% of the 38,530,869 common shares outstanding [4]. - The shareholders also voted in favor of the amalgamation and other corporate actions, including the appointment of auditors and election of directors [4]. Concurrent Financing Update - Electro has closed the first tranches of a Concurrent Financing, issuing 777,689 FT Units for gross proceeds of $202,199 and 635,000 HD Units for gross proceeds of $127,000 [5]. - The financing aims to raise between $1.6 million and $2.25 million through FT Units priced at $0.26 and between $1.6 million and $1.75 million through HD Units priced at $0.20 [6]. Expected Closing of Transaction - The transaction is anticipated to close on or about January 31, 2026, alongside the closing of the Concurrent Financing, with free trading shares to be issued in the new company, Electro Metals Corp [7]. Transaction Terms - Under the transaction terms, BWR will issue one post-consolidation BWR share for each Electro share, implying a share price of $0.021 for each pre-consolidation BWR share [8]. Company Profiles - BWR Exploration Inc. is a Tier 2 junior exploration company with three early-stage exploration properties in Canada, requiring further exploration to meet current reporting standards [10]. - Electro Metals and Mining Inc. is a privately held company focused on the acquisition and exploration of precious and critical metals in Québec, with significant mineralization claims [11].
Independent Bank Corporation Announces Date for Its Fourth Quarter 2025 Earnings Release
Globenewswire· 2025-12-31 17:45
Core Viewpoint - Independent Bank Corporation is set to release its fourth quarter results for 2025 on January 22, 2026, at 8:00 am ET, with a conference call scheduled for 11:00 am ET on the same day to discuss the results [1][2]. Group 1: Company Overview - Independent Bank Corporation is a Michigan-based bank holding company with total assets of approximately $5.5 billion [3]. - The company operates a branch network across Michigan's Lower Peninsula through its state-chartered bank subsidiary, Independent Bank, which offers a full range of financial services including commercial banking, mortgage lending, investments, insurance, and title services [3]. - Founded in 1864 as First National Bank of Ionia, the company is committed to providing exceptional personal service and value to its customers, stockholders, and the communities it serves [3]. Group 2: Upcoming Events - The fourth quarter results will be available on the company's website in the "News" section of the "Investor Relations" area [1]. - Investors and analysts can access the conference call by registering through a provided link, which will give them a phone number and access code [2]. - A replay of the conference call webcast will be available until January 22, 2027 [2].