High Tide Resources Announces Closing of Non-Brokered Private Placement
Globenewswire· 2025-08-22 21:00
Group 1 - High Tide Resources Corp. has closed a non-brokered private placement offering of 7,500,000 common shares at a price of $0.05 per share, raising aggregate gross proceeds of up to $375,000 [1][2] - The net proceeds from the offering will be allocated for metallurgical testwork of the Labrador West Iron Project and for general corporate and working capital purposes [2] - Certain directors and insiders subscribed to the offering for a total of 2,300,000 common shares, which is classified as a related party transaction under Multilateral Instrument 61-101 [3] Group 2 - The Labrador West Iron Project, owned 100% by High Tide, has an inferred iron resource of 654.9 million tonnes at 28.84% Fe, located adjacent to IOCC's Carol Lake Mine in Labrador City, NL [5][6] - The company also holds a 100% interest in the Lac Pegma copper-nickel-cobalt deposit, situated 50 kilometers southeast of Fermont, Quebec [6] - The technical information in the news release has been approved by a qualified person, Steve Roebuck, who is the Director, President, and Interim CEO of High Tide [7]
Beneficient Receives Additional Nasdaq Listing Determination
Globenewswire· 2025-08-22 21:00
Core Points - Beneficient (NASDAQ: BENF) has been notified by Nasdaq regarding potential delisting due to delays in filing its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, which violates Nasdaq's periodic reporting requirements [1] - The company has previously faced issues with non-compliance related to the minimum bid price requirement and delays in filing its Annual Report on Form 10-K for the fiscal year ended March 31, 2025, which also put its securities at risk of delisting [2] - Beneficient has requested a hearing before the Nasdaq Hearings Panel to present its compliance plan and seek an extension for meeting the listing criteria [3] Company Overview - Beneficient aims to democratize the global alternative asset investment market by providing solutions for mid-to-high net worth individuals and small-to-midsized institutions to unlock value in their alternative assets [4] - The company's AltQuote tool offers customers various exit options quickly, while the AltAccess portal allows secure exploration of opportunities and proposals [4] - Beneficient's subsidiary, Beneficient Fiduciary Financial, L.L.C., operates under the Kansas Technology-Enabled Fiduciary Financial Institution Act and is regulated by the Office of the State Bank Commissioner [5]
Bath & Body Works to Present at the Goldman Sachs 32nd Annual Global Retailing Conference
Globenewswire· 2025-08-22 21:00
Company Announcement - Bath & Body Works, Inc. will participate in a fireside chat at the Goldman Sachs 32nd Annual Global Retailing conference on September 3, 2025, at 8:55 a.m. ET, featuring CEO Daniel Heaf and CFO Eva Boratto [1] - A live audio webcast of the event will be available on the company's website and will be archived for 90 days post-event [2] Company Overview - Bath & Body Works is a global leader in personal care and home fragrance, known for its popular products such as fine fragrance mist, body lotion, body cream, 3-wick candles, home fragrance diffusers, and liquid hand soap [3] - The company operates 1,900 Company-operated locations in the U.S. and Canada, along with 524 international franchised locations and an online storefront [3]
MEDIROM launches cryptocurrency strategy with next-generation proof of human technology, "World"
Globenewswire· 2025-08-22 20:45
Acquires ETH as part of financial strategy TOKYO, Aug. 22, 2025 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. (Headquarters: Minato-ku, Tokyo; CEO: Kouji Eguchi; NASDAQ: MRM) (the “Company”, “we” or “us”), which operates a diversified healthcare business, announced its participation in “World,” a “proof of human” protocol co-founded by Sam Altman and Alex Blania. The purpose of this project is to build a new digital infrastructure that will enable "proof of humanness" in the age of AI. As part of ...
dMY Squared Technology Group, Inc. Receives NYSE American Notice Regarding Delayed Form 10-Q Filing
Globenewswire· 2025-08-22 20:30
LAS VEGAS, Aug. 22, 2025 (GLOBE NEWSWIRE) -- dMY Squared Technology Group, Inc. (NYSE American: DMYY) (the “Company”) announced today that it received a notice (the “Notice”) on August 20, 2025 from the NYSE Regulation staff of the NYSE American LLC (the “NYSE American”) stating that the Company is not in compliance with Section 1007 of the NYSE American Company Guide (the “Rule”) because it has not timely filed its Quarterly Report on Form 10-Q as of and for the three and six months ended June 30, 2025 (th ...
RAIN ENHANCEMENT TECHNOLOGIES HOLDCO, INC. RECEIVES AND APPEALS NASDAQ DELISTING NOTICE
Globenewswire· 2025-08-22 20:30
NAPLES, FL, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Rain Enhancement Technologies Holdco, Inc. (Nasdaq: RAIN) (the “Company”) announced today that it received a notice (the “Notice”) on August 19, 2025 from the Listing Qualifications Staff (“Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has not regained compliance with Nasdaq Listing Rule 5450(b)(2)(A), requiring the Company to maintain a market value of listed securities of at least $50 million, and Nasdaq Listing Rule 5450(b)(2 ...
Northrim BanCorp, Inc. Announces Board Chair Change; Huston to Succeed Schierhorn as Chairman of the Board
Globenewswire· 2025-08-22 20:15
Company Leadership Transition - Joe Schierhorn announced his retirement from Northrim BanCorp, effective December 31, 2025, with Mike Huston set to succeed him as Chairman of the Board on January 1, 2026 [1] - Mike Huston has been with the company since 2017, serving as President since 2022 and President and CEO since 2024 [1] Contributions and Legacy - Schierhorn has over 40 years of experience in Alaska, starting as the Bank's Commercial Loan Officer in 1990 and serving in various leadership roles, including President and CEO [2][3] - His leadership has significantly impacted the company and the community, leading to growth and success at Northrim Bank [3] Company Overview - Northrim BanCorp is the holding company for Northrim Bank, which operates 20 branches in Alaska and emphasizes its knowledge of the local economy and customer service [4] - The bank has two wholly-owned subsidiaries: Sallyport Commercial Finance, LLC and Residential Mortgage, LLC, along with an affiliated company, Pacific Wealth Advisors, LLC [4]
Northrim BanCorp Announces 4-for-1 Stock Split
Globenewswire· 2025-08-22 20:15
Core Viewpoint - Northrim BanCorp, Inc. has announced a 4-for-1 forward stock split to enhance stock liquidity and accessibility for retail investors [1][2]. Group 1: Stock Split Details - The stock split will result in shareholders receiving three additional shares for each share held, increasing the total outstanding shares from approximately 5.5 million to 22.0 million [2]. - The stock split is set to take effect after market close on September 22, 2025, with trading on a post-split basis beginning on September 23, 2025 [2]. - Proportional adjustments will be made to the number of shares underlying stock options and awards, as well as the exercise price [3]. Group 2: Corporate Actions - The total number of authorized shares will increase from 10,000,000 to 40,000,000, and the par value of a share will decrease from $1.00 to $0.25 [3]. - The company plans to file a Form 8-K with the U.S. Securities and Exchange Commission to report the amendment to its Articles of Incorporation [3]. Group 3: Company Overview - Northrim BanCorp is the parent company of Northrim Bank, which operates 20 branches in Alaska and focuses on customer service and knowledge of the local economy [4]. - The company has two wholly-owned subsidiaries: Sallyport Commercial Finance, LLC and Residential Mortgage, LLC, along with an affiliated company, Pacific Wealth Advisors, LLC [4].
Rail Vision Announces First Half 2025 Financial Results
Globenewswire· 2025-08-22 20:15
Core Viewpoint - Rail Vision Ltd. is positioned to expand its market reach and enhance railway safety through innovative technology, despite facing a significant decrease in revenue in the first half of 2025 compared to the previous year [2][6]. Financial Performance - Rail Vision reported revenues of $237,000 for the six months ended June 30, 2025, a decrease of $524,000 or 69% from $761,000 in the same period of 2024, primarily due to the timing of revenue recognition [6][11]. - The company's operating loss for the first half of 2025 was $5,705,000, compared to an operating loss of $4,185,000 for the same period in 2024 [7][17]. - GAAP net loss for the six months ended June 30, 2025, was $5,679,000 or $0.11 per share, significantly improved from a net loss of $24,324,000 or $1.99 per share in the same period of 2024 [8][11]. - Non-GAAP net loss for the same period was $4,869,000 or $0.10 per share, compared to a non-GAAP net loss of $5,394,000 or $0.44 per share in 2024 [11][25]. Cash Position - As of June 30, 2025, Rail Vision had cash and cash equivalents of $22.4 million, an increase from $17.2 million as of December 31, 2024, primarily due to proceeds from share issuances totaling $9.8 million [3][9]. Commercial Developments - Rail Vision received a purchase order from a Central American freight operator for its MainLine system, marking its initial penetration in Central America [6]. - The company secured a follow-on order worth $335,000 from a leading Latin American mining company, following a successful trial of the MainLine system [6]. - Rail Vision signed a binding Memorandum of Understanding with Sujan Ventures to introduce its safety systems to the Indian market, reflecting its intent to enter a significant rail market [6]. Research and Development - Research and development expenses for the first half of 2025 were $3,241,000, an increase from $2,458,000 in the same period of 2024, attributed to higher salaries and increased R&D activities [6][11]. General and Administrative Expenses - General and administrative expenses rose to $2,512,000 for the first half of 2025, compared to $2,116,000 in the same period of 2024, driven by salary adjustments and one-time bonuses [6][11]. Overall Strategy - The company aims to leverage its strong technological foundation and solid cash position to expand its market reach while continuing to innovate in the railway safety sector [2][12].
Diginex Provides Update on MOU for ADX Dual Listing, Potential Capital Raise, and Regional UAE and GCC Expansion
Globenewswire· 2025-08-22 20:05
Core Insights - Diginex Limited is pursuing a dual-listing on the Abu Dhabi Securities Exchange (ADX) to expand its business in the Gulf Cooperation Council (GCC) and potentially raise up to USD 250 million from institutional investors in the region [1] - The process for the dual-listing is ongoing and may take several more months to complete, with the capital raise likely occurring after the listing [1] - Nomas Global Investments LLC, associated with the Abu Dhabi Royal Family, remains a strong supporter of Diginex and is actively assisting in the listing process [1] Company Overview - Diginex Limited is a sustainable RegTech company that focuses on streamlining ESG, climate, and supply chain data collection and reporting using advanced technologies such as blockchain, AI, and machine learning [3] - The company offers a platform, diginexESG, which supports 19 global frameworks including GRI, SASB, and TCFD, providing comprehensive services from data management to ESG ratings support [4]