Compass Diversified Takes Action to Improve its Financial Position in Response to Investigation into Lugano Holding, Inc.
Globenewswire· 2025-05-27 20:10
Core Viewpoint - Compass Diversified (CODI) is taking significant steps to enhance liquidity and reduce costs following the identification of irregularities in the financing, accounting, and inventory practices at its subsidiary, Lugano Holding, Inc. [1][2] Actions Taken - CODI has entered into a forbearance agreement with its lender group to maintain sufficient liquidity for normal operations [5] - The company has significantly reduced management fees to conserve cash [5] - CODI has suspended the quarterly cash distribution historically paid to common shareholders to protect long-term value [5] - Investment in Lugano has been restricted, allowing resources to focus on CODI's other eight subsidiaries [5] Compliance and Reporting - CODI received a notice from the New York Stock Exchange (NYSE) regarding non-compliance with listing standards due to the late filing of its first quarter 2025 Form 10-Q [2][3] - The company has six months from May 19, 2025, to regain compliance by filing the Form 10-Q with the SEC [2] - CODI is unable to assure the timing of the Form 10-Q or any potential restatements of financial information due to the ongoing investigation [3]
Neuphoria to Present at the American Society of Clinical Psychopharmacology (ASCP) 2025 Annual Meeting
Globenewswire· 2025-05-27 20:10
BURLINGTON, Mass., May 27, 2025 (GLOBE NEWSWIRE) -- Neuphoria Therapeutics Inc. (Nasdaq: NEUP) (“Neuphoria” or the “Company”), a clinical-stage biotechnology company developing impactful treatments for neuropsychiatric disorders, today announced an upcoming presentation at the American Society of Clinical Psychopharmacology (ASCP) 2025 Annual Meeting. Presentation details: Title: Pharmacokinetic/Pharmacodynamic Analysis of the BNC210 Attune Phase 2b Dataset Enables Dose Selection for Planned Phase 3 PTSD St ...
CarGurus to Present at William Blair's 45th Annual Growth Stock Conference
GlobeNewswire News Room· 2025-05-27 20:05
Core Insights - CarGurus, Inc. is the leading digital auto platform for shopping, buying, and selling new and used vehicles, with a scheduled participation in a fireside chat at William Blair's 45th Annual Growth Stock Conference on June 3, 2025 [1][2] Company Overview - CarGurus operates as a multinational online automotive platform, enhancing its listings marketplace with digital retail solutions and the CarOffer online wholesale platform [3] - The platform provides consumers with confidence in purchasing and selling vehicles, while enabling dealerships to accurately price, market, acquire, and sell vehicles effectively [3] - CarGurus is recognized as the most visited automotive shopping site in the U.S., with additional operations in Canada and the U.K., as well as independent brands like Autolist and PistonHeads [3][4]
Assembly Biosciences to Present During the Jefferies 2025 Global Healthcare Conference
Globenewswire· 2025-05-27 20:05
SOUTH SAN FRANCISCO, Calif., May 27, 2025 (GLOBE NEWSWIRE) -- Assembly Biosciences, Inc. (Nasdaq: ASMB), a biotechnology company developing innovative therapeutics targeting serious viral diseases, today announced that Jason Okazaki, chief executive officer and president, and Anuj Gaggar, MD, PhD, chief medical officer, will present in a fireside chat during the Jefferies 2025 Global Healthcare Conference at 8:45 a.m. Eastern Time on June 4, 2025. A live webcast will be available on the Events and Presentat ...
CTO Realty Growth Declares Dividends for the Second Quarter 2025
Globenewswire· 2025-05-27 20:05
WINTER PARK, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.38 per share of common stock for the second quarter of 2025 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents an annualized yield of approximately 8.5% based on the closing price of the Company’s common stock on May 23, 2025. The Common Stock Cash D ...
Rocky Mountain Chocolate Factory Announces Intention to File Form 12b-25 and Delay Its Fiscal Year 2025 Earnings Release and Conference Call
Globenewswire· 2025-05-27 20:05
DURANGO, Colo., May 27, 2025 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) (the “Company”, “we”, or “RMCF”), America’s Chocolatier™ and a leading franchiser of a premium chocolate and confectionary retail store concept, today announced that it intends to file a Form 12b-25, Notification of Late Filing, with the Securities and Exchange Commission with regard to its annual report on Form 10-K (the “Fiscal 2025 10-K”) for the fiscal year ended February 28, 2025. The Form 12b-25 will ...
PetMed Express, Inc. Sets Fourth Quarter and Full Fiscal Year 2025 Earnings Call
Globenewswire· 2025-05-27 20:05
DELRAY BEACH, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- PetMed Express, Inc., dba PetMeds and parent company of PetCareRx, (Nasdaq: PETS) will hold a conference call on Tuesday, June 10, 2025 at 4:30pm Eastern Time to discuss its financial results for the fourth quarter and full fiscal year ended March 31, 2025. Financial results will be issued in a press release prior to the call. PETS management will host the conference call, followed by a question-and-answer period. Please call the conference telephone numb ...
SRM Entertainment Announces Closing of $5 Million Private Placement
Globenewswire· 2025-05-27 20:05
Winter Park, Florida, May 27, 2025 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc. (Nasdaq: SRM) (“SRM” or the “Company”), a leading provider of creative and high-quality licensed media-themed merchandise, announces today the closing of its previously announced private investment in public equity (“PIPE”) financing with an institutional investor for gross proceeds to the Company of $5,000,000, before deducting placement agent fees and offering expenses. Pursuant to the terms of the securities purchase agreement ...
Concrete Pumping Holdings Sets Second Quarter 2025 Earnings Conference Call for Thursday, June 5, 2025
Globenewswire· 2025-05-27 20:05
DENVER, May 27, 2025 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (“CPH” or the “Company”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., will hold a conference call on Thursday, June 5, 2025, at 5:00 p.m. Eastern Time to discuss its financial results for the second quarter ended April 30, 2025. The Company will report its financial results in a press release prior to the conference call. CPH’s CEO Bruce Young and CFO Iain Humphries will hos ...
Alpine Income Property Trust Declares Dividend for the Second Quarter 2025
Globenewswire· 2025-05-27 20:05
WINTER PARK, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.285 per share of common stock for the second quarter of 2025 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents an annualized yield of approximately 7.7% based on the closing price of the Company’s common stock on May 23, 2025. The Common Stock Ca ...