Reliance Global Group Increases Zcash (ZEC) Position Through Additional Cash Deployment
Globenewswire· 2025-11-26 14:30
Additional Cash Deployment Reflects Confidence in ZEC’s Role Within Reliance’s Long-Term Treasury StrategyLAKEWOOD, NJ, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced that it has deployed additional cash into its Zcash (ZEC) position, as part of its focused Digital Asset Treasury (“DAT”) strategy. This step follows Reliance’s recent consolidation of its digital asset holdings into Zcash and reflects the Company’s current view ...
Eurocastle announces Director/PDMR Dealing Notification
Globenewswire· 2025-11-26 14:30
EUROCASTLE INVESTMENT LIMITED FOR IMMEDIATE RELEASE Contact: Oak Fund Services (Guernsey) Limited Company Administrator Attn: Nicole Barnes Tel: +44 1481 752957 Eurocastle announces Director/PDMR Dealing Notification Guernsey, 26 November 2025 - By reference to its obligations under Article 19 of EU Regulation 596/2014, Eurocastle Investment Limited is making public the following details of dealings in its shares by persons discharging managerial responsibilities and their closely associated persons: Nam ...
Abitibi Metals Increases Previously Annouced Bought Deal Financing to C$14 Million
Globenewswire· 2025-11-26 14:27
Not for distribution to U.S. news wire services or dissemination in the United States. LONDON, Ontario, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) ("Abitibi" or the "Company") has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, as sole bookrunner, and Haywood Securities, as co-lead, (the “Underwriters”) to increase the size of the previously announced bought offering to 17,550,000 charity flow ...
Patria Investments announces acquisition of 51% stake in Solis Investimentos, a leading Asset Back Security-focused manager in Brazil
Globenewswire· 2025-11-26 14:26
Partnership supports Solis' next phase of growth, while further expanding Patria’s leading Credit franchise in Latin America, adding approximately US$ 3.5 bn in Assets Under Management in the fast-growing CLO marketGRAND CAYMAN, Cayman Islands, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global alternative asset manager, announced today the agreement to acquire 51% of Solis Investimentos, a Brazilian investment manager specializing in the structuring and manageme ...
AlphaTON Capital Announces $82.5 Million Strategic GPU Infrastructure Investment to Power Privacy-First Decentralized AI after Successful Pilot Launch of Telegram’s Cocoon AI
Globenewswire· 2025-11-26 14:16
Core Insights - AlphaTON Capital Corp has announced a strategic investment of approximately $68 million to acquire a high-performance compute cluster consisting of over 1,000 Nvidia B200 GPUs, enhancing its position as a compute provider for Telegram's Cocoon AI network [1][5][10] Transaction Structure and Financing - The acquisition will be financed through a combination of $30 million in equity capital from AlphaTON and $52.5 million in debt financing, resulting in a total project capitalization of approximately $82.5 million [6][2] - The debt facility will be fully amortized over 36 months, maintaining debt service coverage ratios above 1.0x throughout the amortization schedule [2] Strategic Infrastructure Partnership - AlphaTON has partnered with CUDO Compute, SNET Energy UK Ltd, and Vertical Data to deploy and operate the GPU cluster, ensuring technical excellence and sustainable power [3][4] Hardware Specifications and Capabilities - The compute cluster will feature cutting-edge AI inference and training capabilities, designed for 90% target utilization, generating revenue through dedicated workloads for Cocoon AI and external GPU rentals [5][7] Projected Financial Performance - The investment is projected to yield an internal rate of return (IRR) of 59.7% and a net present value (NPV) of $59.6 million, with conservative revenue projections accounting for 20% annual price compression in the first year [7][8] - The financial model indicates consistent EBITDA margins ranging from 64-73% over a five-year forecast horizon, with Year 1 gross profit margins of 32% [8] Successful Pilot Program - AlphaTON successfully launched a pilot program for Cocoon AI on November 25, 2025, validating the technology and paving the way for further deployment [8] Strategic Rationale - The company aims to democratize AI through its "AI For Good" initiative, focusing on ethical access, user data sovereignty, and environmental responsibility [9][10] - AlphaTON's investment supports the development of a decentralized compute layer that respects user privacy and content rights, contrasting with centralized models prevalent in the industry [11] Market Context and Competitive Positioning - The investment aligns with a growing demand for AI infrastructure, with McKinsey projecting a 3.5x increase in data center AI workload capacity between 2025 and 2030 [17] - The U.S. government's support for AI infrastructure, including a 10% equity stake in Intel, underscores the sector's importance [18]
Moleculin to Participate in the Virtual Investor Closing Bell Series
Globenewswire· 2025-11-26 14:15
Live video webcast with Walter Klemp, Chairman and Chief Executive Officer, on Tuesday, December 2nd at 4:00 PM ET HOUSTON, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Moleculin Biotech, Inc., (Nasdaq: MBRX) (“Moleculin” or the “Company”), a late-stage pharmaceutical company with a broad portfolio of drug candidates targeting hard-to-treat tumors and viruses, today announced that Walter Klemp, Chairman and Chief Executive Officer of Moleculin will participate in the Virtual Investor Closing Bell Series on Tuesday, De ...
CTS Corporation Appoints Pratik Trivedi as Chief Operating Officer
Globenewswire· 2025-11-26 14:15
LISLE, Ill. , Nov. 26, 2025 (GLOBE NEWSWIRE) -- CTS Corporation today announced the appointment of Pratik Trivedi to Chief Operating Officer (COO), effective December 5. Mr. Trivedi, who is Senior Vice President at CTS, brings deep industry experience from prior leadership positions at Eaton Corporation and Cummins Inc. "I am very pleased that Pratik will assume the role of COO. His experience, focus and leadership will be important to executing our growth strategy,” commented Kieran O'Sullivan, Chairman a ...
Scripps adopts limited-duration shareholder rights plan
Globenewswire· 2025-11-26 14:02
Core Viewpoint - The E.W. Scripps Company has adopted a limited-duration shareholder rights plan in response to an unsolicited acquisition proposal, aimed at ensuring all shareholders receive full value and protecting them from coercive tactics [1][2]. Summary by Sections Adoption of Rights Plan - The rights plan is effective immediately and will expire one year from its adoption date, specifically on November 26, 2026 [4]. - The plan allows Scripps to issue rights to shareholders, which will not be immediately exercisable but will be attached to the Class A common shares and common voting shares [3][4]. Purpose and Mechanism - The rights plan is designed to protect shareholders by allowing the board time to evaluate the acquisition proposal and explore other strategic alternatives [2][3]. - If an acquiring person gains beneficial ownership of 10% or more of the Class A common shares, existing shareholders can purchase additional shares at a 50% discount to the market price [4]. Grandfathering Clause - Existing ownership percentages of any person or group owning 10% or more of the Class A common shares prior to the rights plan announcement will be grandfathered, but any increase beyond 0.10% after the announcement will trigger the rights [5]. Company Overview - The E.W. Scripps Company is a diversified media entity, operating over 60 local TV stations across more than 40 markets in the U.S. and providing quality local journalism [6].
El Pollo Loco Is Celebrating “12 Days of Pollo” with Delicious Deals
Globenewswire· 2025-11-26 14:01
Core Points - El Pollo Loco is launching its annual "12 Days of Pollo" promotion from December 1 to December 12, offering daily deals exclusively for Loco Rewards members [1][2] - The promotion includes a charitable component where $2 will be donated to No Kid Hungry® for every $10 Classic Tostada Combo redeemed on Giving Tuesday, with a maximum donation of $15,000 [3] - The campaign features a new holiday character, "Chicken in the Kitchen," who will reveal daily deals through social media [4] Promotion Details - Daily deals for the "12 Days of Pollo" include: - Dec. 1: BOGO Fire-Grilled Chicken Burrito - Dec. 2: $10 Classic Tostada Combo - Dec. 3: 20% Off a Purchase - Dec. 4: $8 3-piece Leg and Thigh meal - Dec. 5: $5 off $20 or $10 off $30 - Dec. 6: $25 12-piece Leg and Thigh Family Meal - Dec. 7: Free Caramel Flan or 2 Churros with $15 Purchase - Dec. 8: $9 Double Chicken Burrito Bowl - Dec. 9: +2500 Bonus Points on all Orders - Dec. 10: $20 8-piece Leg and Thigh Family Meal - Dec. 11: $10 Double Chicken Tostada - Dec. 12: BOGO Quesadilla [6] Company Overview - El Pollo Loco is recognized as the leading fire-grilled chicken restaurant in the U.S., known for its flavorful and healthier menu options [5] - The company operates over 500 locations across several states and has expanded internationally with licensed locations in the Philippines [5] - El Pollo Loco Foundation, established in 2004, aims to support youth development and success [7]
Republic Power Group Limited Receives NASDAQ Notice Related to Late Filing of Form 20-F
Globenewswire· 2025-11-26 14:00
Core Points - Republic Power Group Limited has received a Delinquency Letter from NASDAQ due to non-compliance with listing requirements, specifically for not timely filing its annual report for the fiscal year ended June 30, 2025 [1][2] - The company has 60 days from the date of the letter to submit a Compliance Plan to regain compliance, with the possibility of an extension of up to 180 days if accepted by NASDAQ [2] - The Delinquency Letter does not have an immediate impact on the listing of the company's ordinary shares on the Nasdaq Capital Market [3] Company Overview - Republic Power Group Limited is based in Singapore and specializes in providing customized enterprise resource planning software solutions, consulting and technical support services, and peripheral hardware products [4]