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Balchem Corporation to Present at the H.C. Wainwright 27th Annual Global Investment Conference on September 9, 2025
Globenewswire· 2025-08-26 11:00
Company Overview - Balchem Corporation is a global specialty ingredient manufacturer focused on health and nutrition markets [2] - The company operates through three business segments: Human Nutrition & Health, Animal Nutrition & Health, and Specialty Products [2] Business Segments - The Human Nutrition & Health segment provides customized food and beverage ingredient systems and key nutrients for food, supplement, and pharmaceutical applications [2] - The Animal Nutrition & Health segment supplies products to various animal health markets [2] - Specialty Products segment offers specialty-packaged chemicals for healthcare and other industries, as well as chelated minerals for the micronutrient agricultural market [2] Upcoming Events - Balchem Corporation will present at the H.C. Wainwright 27 Annual Global Investment Conference on September 9, 2025, with key executives participating [1]
Helium Evolution Announces $8.3 Million Convertible Note to Fund Soda Lake Helium Production Facility and Drilling Campaign
Globenewswire· 2025-08-26 11:00
Core Viewpoint - Helium Evolution Incorporated (HEVI) has secured a strategic financing agreement with ENEOS Xplora Inc. for a convertible note valued at $8.3 million, increasing ENEOS Xplora's total investment in HEVI to $12.8 million, which will support HEVI's operations and growth in the helium sector [1][3]. Financing Details - The proceeds from the convertible note will fund HEVI's 20% working interest in the Soda Lake Facility and support drilling activities in the Mankota area, with operations expected to commence in Q4 2025 [2]. - The financing is set to close on August 29, 2025, and the note is convertible into common shares at a minimum price of $0.205 per share, subject to certain milestones [4][5]. Production and Royalties - HEVI has granted ENEOS USA a gross overriding royalty (GORR) on production from three designated wells tied into the Soda Lake Facility, structured on a sliding scale based on gross sales [6][9]. - The GORR includes 5% of gross sales in the first year, decreasing to 2% thereafter, which aligns with HEVI's production strategy [9]. Strategic Importance - This financing is viewed as a significant step in HEVI's growth trajectory, enhancing its financial foundation and positioning the company as a near-term helium producer [3]. - The Soda Lake Facility is considered a cornerstone project that will provide stable processing capacity and growth opportunities for shareholders [3]. Company Background - Helium Evolution is recognized as holding the largest helium land rights position in North America among publicly traded companies, with over five million acres under permit in southern Saskatchewan [14]. - The company aims to become a leading supplier of sustainably-produced helium to meet the growing global demand [14].
Golden Heaven Group Holdings Ltd. Announces 15 for 1 Share Consolidation
Globenewswire· 2025-08-26 11:00
Core Viewpoint - Golden Heaven Group Holdings Ltd. has announced a share consolidation on a 15 for 1 ratio to regain compliance with Nasdaq listing requirements, effective August 28, 2025 [1][2]. Group 1: Share Consolidation Details - The share consolidation will automatically combine every 15 ordinary shares into one ordinary share without requiring action from shareholders [3]. - No fractional shares will be issued; shareholders will receive one full share instead of any fractional share resulting from the consolidation [3]. - The authorized share capital will remain at US$6,018,000,000 but will change the structure of Class A and Class B ordinary shares, with Class A shares decreasing from approximately 36.9 million to about 2.46 million shares, and Class B shares decreasing from approximately 1.07 million to about 71,574 shares [4]. Group 2: Company Overview - Golden Heaven operates amusement parks, water parks, and complementary recreational facilities in China, offering a variety of experiences including thrilling rides, water attractions, and entertainment events [5].
Perspective Therapeutics to Participate in Upcoming September Conferences
Globenewswire· 2025-08-26 11:00
SEATTLE, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Perspective Therapeutics, Inc. ("Perspective" or the "Company") (NYSE AMERICAN: CATX), a radiopharmaceutical company pioneering advanced treatments for cancers throughout the body, today announced that members of its senior leadership team will participate in and be available for one-on-one meetings with investors at the following upcoming conferences. Cantor Global Healthcare Conference – Fireside ChatDate: Thursday, September 4, 2025Time: 1:00 p.m. - 1:30 p.m. ET ...
Sagimet Biosciences to Participate in Two Upcoming Investor Conferences
Globenewswire· 2025-08-26 11:00
SAN MATEO, Calif., Aug. 26, 2025 (GLOBE NEWSWIRE) -- Sagimet Biosciences Inc. (Nasdaq: SGMT), a clinical-stage biopharmaceutical company developing novel therapeutics targeting dysfunctional metabolic and fibrotic pathways, today announced that management will participate in two upcoming investor conferences. Cantor Global Healthcare Conference in New York on September 3, 2025, with a fireside chat at 1:35 p.m. ET / 10:35 a.m. PT; andH.C. Wainwright 27th Annual Global Investment Conference in New York on Se ...
OLAPLEX Acquires Biotech Company Purvala
Globenewswire· 2025-08-26 10:55
Core Insights - OLAPLEX has announced its first acquisition of Purvala Bioscience, a Boston-based biotech company, marking a significant step in its commitment to product innovation after ten years since its launch [1][3] - Purvala focuses on developing bioinspired technologies for health and beauty, aiming to create high-performing molecules inspired by natural biological structures [2] - OLAPLEX's CEO emphasized the company's foundation on innovation and the potential to integrate Purvala's technologies to enhance its product offerings, particularly its bond-building technology [3] Company Overview - OLAPLEX, founded in 2014, revolutionized the hair care industry with its Complete Bond Technology™, which protects and strengthens hair during and after services [4] - The company has expanded its product line to include a full suite of hair health formulas, sold globally through various channels including professional and direct-to-consumer [4] - The acquisition of Purvala is expected to drive the next generation of science-backed product innovations, aligning with OLAPLEX's mission to deliver transformative results for stylists and customers [3][4]
Ring Energy Announces Third Quarter 2025 Debt Reduction Target and Provides Stock Ownership Update
Globenewswire· 2025-08-26 10:45
THE WOODLANDS, Texas, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported its debt reduction target for the third quarter of 2025 and the change in ownership status of a previous large stockholder. Ring Energy has established a debt reduction target of approximately $18 million for the third quarter of 2025. The Company anticipates it will have approximately $430 million in borrowings outstanding on its credit facility as of September 30, 2025, d ...
Hut 8 Announces Plans to Develop Four New Sites with More Than 1.5 GW of Total Capacity
Globenewswire· 2025-08-26 10:30
Core Insights - Hut 8 Corp. is advancing its energy infrastructure platform by developing four new sites across the U.S., increasing its capacity under management to over 2.5 gigawatts across 19 sites [1][2] - The expansion aims to meet the growing demand for energy-intensive use cases and diversify the company's geographic footprint [1][2] - The company has reclassified 1,530 megawatts (MW) of capacity from exclusivity to development, indicating a significant step in its growth strategy [1][2] Expansion Details - The new sites will range from 50 MW to 1,000 MW, selected for their near-term power access and potential to support advanced technologies [3] - The total capacity under development is 1,530 MW, which has transitioned from exclusivity [3][6] Development Pipeline - Hut 8 has introduced a new category, Capacity Under Development, for late-stage projects that have moved beyond exclusivity [7] - The company is actively investing in site development and commercialization, engaging with prospective customers and advancing site design [7] Capacity Overview - As of August 25, 2025, Hut 8's total capacity includes: - 6,815 MW under diligence - 1,255 MW under exclusivity - 1,530 MW under development - 1,020 MW under management - Total capacity of 10,620 MW [8] Financial Strategy - The expansion will be financed through a disciplined capital strategy, with up to $2.4 billion in liquidity available as of August 25, 2025 [9] - The company holds 10,278 Bitcoin valued at approximately $1.2 billion, providing a liquid asset base for financing [9] - Hut 8 has secured a new revolving credit facility of up to $200 million and an upsized $130 million credit facility, totaling $330 million in liquidity [9][10] Company Overview - Hut 8 Corp. integrates power, digital infrastructure, and compute at scale to support next-generation, energy-intensive use cases [11] - The company operates across 15 sites in the U.S. and Canada, focusing on Bitcoin mining, high-performance computing, and power generation [11]
Teleflex to Present at the Morgan Stanley 23rd Annual Global Healthcare Conference
Globenewswire· 2025-08-26 10:30
Company Overview - Teleflex Incorporated is a global provider of medical technologies focused on improving health and quality of life [2] - The company aims to become the most trusted partner in healthcare, offering a diverse portfolio in various therapy areas including anesthesia, emergency medicine, interventional cardiology, radiology, surgical, vascular access, and urology [2] Product Portfolio - Teleflex is home to several trusted brands such as Arrow™, Barrigel™, Deknatel™, QuikClot™, LMA™, Pilling™, Rüsch™, UroLift™, and Weck™, all united by a common purpose [3] Upcoming Events - Management of Teleflex will present at the Morgan Stanley 23rd Annual Global Healthcare Conference on September 9, 2025, at 3:20 p.m. (ET) [1] - A live audio webcast of the presentation will be available on the investor section of the Teleflex website [1]
Shattuck Labs Announces Closing of up to $103 Million Private Placement and Appointments to Board of Directors
Globenewswire· 2025-08-26 10:30
Core Insights - Shattuck Labs, Inc. has successfully closed a private placement of approximately $103 million, which is expected to fund operations into 2029 and advance SL-325 through multiple Phase 2 clinical trials, including those for Inflammatory Bowel Disease (IBD) [1][3] - The company has appointed two new members to its Board of Directors: Dr. Daniel Baker and Dr. Mona Ashiya, while several outgoing directors have stepped down [2][3] - SL-325 is positioned as a potentially first-in-class DR3 blocking antibody, with expectations for superior efficacy and reduced immunogenicity compared to existing TL1A-blocking antibodies [3][7] Financial Overview - The aggregate net proceeds from the private placement are expected to support Shattuck's planned operations and clinical trials through 2029, assuming full exercise of common stock warrants [1] - The financing is led by OrbiMed, indicating strong investor confidence in the company's future prospects [1] Leadership Changes - Dr. Daniel Baker brings over 20 years of drug development experience, having previously contributed to the development of major drugs like Remicade, Simponi, and Stelara [4] - Dr. Mona Ashiya has extensive experience in the biotechnology sector and serves on the boards of several companies, enhancing the strategic direction of Shattuck [6] Product Development - SL-325 is designed to achieve a complete blockade of the DR3/TL1A pathway, with preclinical studies showing high affinity binding and superior activity over TL1A antibodies [7][8] - The company plans to commence a Phase 1 clinical trial for SL-325 in healthy volunteers in the third quarter of 2025, with multiple data readouts anticipated [3][7]