FTFT Announces Special Meeting of Shareholders
Prnewswire· 2025-08-27 12:30
Core Points - Future FinTech Group Inc. will hold a special meeting of shareholders on September 2, 2025, at 10:00 a.m. Hong Kong time [1] - Shareholders as of the record date on July 2, 2025, are encouraged to submit their votes via the Proxy Card [2] - Future FinTech Group Inc. operates as a comprehensive financial and digital technology service provider, offering brokerage, investment banking, and supply chain finance services [3]
ODYSIGHT.AI TO PARTICIPATE IN THE H.C. WAINWRIGHT 27TH ANNUAL GLOBAL INVESTMENT CONFERENCE
Globenewswire· 2025-08-27 12:30
OMER, Israel, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Odysight.AI Inc. (Nasdaq: ODYS), a leading developer of AI systems for Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM), today announced that Einav Brenner, Chief Financial Officer, will participate in the H.C. Wainwright 27th Annual Global Investment Conference, taking place September 8–10, 2025, in New York City. An on-demand company presentation will be available to registered attendees via the conference portal starting September 5, 2025, ...
Houston American Energy Corp. to Break Ground at Cedar Port in Q4 with Corvus Construction
Globenewswire· 2025-08-27 12:30
Core Viewpoint - Houston American Energy Corp. (HUSA) has appointed Corvus Construction Company as its design and construction partner for the development of a plastics recycling facility and the Abundia Innovation Center in Baytown, Texas, marking a significant step in HUSA's commitment to renewable energy and low-carbon fuels [1][2][5]. Company Overview - Houston American Energy Corp. is an independent energy company with a diversified portfolio in both conventional and renewable energy sectors, actively expanding into high-growth segments [5]. - The company recently acquired Abundia Global Impact Group, which specializes in converting waste plastics into low-carbon fuels and chemical feedstocks, reflecting its commitment to sustainable energy solutions [5]. Project Details - The Abundia Innovation Center will serve as a platform for validating new technology solutions in the renewable energy sector, while the recycling facility will convert plastic waste into renewable fuels and chemical products [2]. - The project will be executed under a Design-Build Agreement, with Corvus delivering a state-of-the-art research and development facility and an energy-efficient office [2][4]. Partner Profile - Corvus Construction Company is a family-owned general contractor known for its high-quality construction services and a strong reputation in the Houston area [4]. - The company has extensive experience in institutional industrial projects and is recognized for delivering projects ahead of schedule and within budget [4]. Strategic Vision - HUSA aims to be a leader in the low-carbon fuels sector by fostering collaborative innovation through the development of the Abundia Innovation Center and the recycling facility [2][3].
Diginex and SGS Reaffirm Strategic Alliance to Advance Sustainable Finance Solutions
Globenewswire· 2025-08-27 12:30
Core Viewpoint - Diginex Limited and SGS have reaffirmed their strategic alliance to enhance sustainable finance solutions, focusing on ESG requirements and innovative technology-driven services [1][2][3]. Group 1: Strategic Alliance Details - The renewed alliance builds on the initial agreement from 2022, which provided ESG data assurance services, and aims to address the increasing demand for transparent and scalable sustainable finance frameworks [2][3]. - The collaboration combines Diginex's ESG data management platforms with SGS's expertise in assurance, verification, and certification, enhancing tools and services for financial institutions and corporations [2][3]. Group 2: Key Highlights - The alliance aims to support clients in navigating sustainable finance complexities, enhancing the credibility of sustainability reporting, and accelerating efforts towards global climate and social objectives [3]. - Diginex's blockchain-enabled technology and SGS's assurance methodologies will provide transparency and reliability in ESG data, facilitating better decision-making for sustainable investments [6]. Group 3: Solutions and Services - The strategic alliance will develop tailored tools for financial institutions to integrate ESG metrics into their strategies, ensuring compliance with frameworks like the EU Taxonomy and SFDR [6]. - The collaboration will prioritize solutions that assist organizations in achieving net-zero targets, including carbon footprint assessments and sustainability reporting [6]. Group 4: Company Background - Diginex Limited is a sustainable RegTech business that utilizes blockchain, AI, and data analysis to enhance transparency in corporate regulatory reporting and sustainable finance [4]. - The diginexESG platform supports 19 global frameworks, providing end-to-end support for sustainability data management and reporting [5]. Group 5: SGS Overview - SGS is the world's leading testing, inspection, and certification company, operating over 2,500 laboratories across 115 countries, with a commitment to quality and sustainability [8].
Holley Performance Brands Accelerates Debt Reduction and on Track to Reach Lowest Leverage in Over Three Years
Globenewswire· 2025-08-27 12:30
Core Insights - Holley Performance Brands has proactively reduced its debt by an additional $15 million, totaling $90 million in debt repayment since September 2023, demonstrating its commitment to strengthening its balance sheet and enhancing financial flexibility [1][2] - The recent debt paydown was executed through opportunistic repurchases of its first lien term loan facility at a discount, funded entirely with free cash flow, which is expected to generate up to $3.7 million in annualized net interest savings [2] Financial Performance - The company has experienced strong free cash flow generation, which has contributed to its ability to reduce debt and strengthen its balance sheet [2] - Holley expects to achieve a leverage ratio at or below 4.0x by year-end, marking its lowest level in over three years [2] Strategic Focus - Holley Performance Brands is recognized for its operational excellence and disciplined execution across teams, which has fueled core business growth for two consecutive quarters [2] - The company is committed to enhancing the enthusiast experience and driving growth through innovation, focusing on four consumer vertical groupings: Domestic Muscle, Modern Truck & Off-Road, Euro & Import, and Safety & Racing [4]
Golden Triangle Ventures Finalizes Governance Transition and Appoints Javier Leal as CEO
Globenewswire· 2025-08-27 12:30
Core Viewpoint - Golden Triangle Ventures, Inc. has completed its governance transition and appointed Javier Leal as CEO, aiming for unified leadership and a clear growth strategy [1][6] Company Structure and Strategy - The company is restructuring into three divisions: Construction & Development, Consumer Beverages & Wellness, and Manufacturing & Distribution, each targeting multi-billion-dollar industries for immediate revenue and long-term value [2] Division Summaries Construction & Development - The U.S. construction market exceeded $2.1 trillion in 2024, driven by technology infrastructure, renewable energy, and industrial expansion. This division aims to deliver projects that provide immediate contract revenue and long-term strategic value [3] Consumer Beverages & Wellness - The global functional beverage market is expected to surpass $200 billion by 2030. The division is launching consumer-first brands, starting with the relaunch of Go Fast Energy, to capture market attention and loyalty [4] Manufacturing & Distribution - The U.S. contract manufacturing market for food and beverages is projected to reach $186 billion by 2031. This division will support the company's portfolio and external clients, focusing on cost reduction and capacity expansion [5] Leadership and Operational Focus - Javier Leal emphasized the importance of the three-division strategy for strengthening operations and delivering market-driven products, while also focusing on balance sheet improvement and operational streamlining [6][8] Capital Structure - The company has confirmed that its noteholder will halt conversions, reducing immediate dilution pressure and allowing management to concentrate on operational growth with a stronger balance sheet [7]
Snail, Inc. to Present at the 2025 Gateway Conference on September 3, 2025 at 12:30 p.m. Pacific Time
Globenewswire· 2025-08-27 12:30
CULVER CITY, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, is confirmed to present at the 2025 Annual Gateway Conference, which is being held September 3-4 at the Four Seasons Hotel in San Francisco, CA. Snail Games' management team is scheduled to present on Wednesday, September 3rd at 12:30 p.m. Pacific Time (PT). The presentation will be webcast live and avai ...
PureCycle Receives Association of Plastic Recyclers’ PCR Certification
Globenewswire· 2025-08-27 12:30
Core Viewpoint - PureCycle Technologies, Inc. has achieved the APR Post-Consumer Resin Certification for its PureFive™ resin, validating its production from post-consumer sources, which is crucial for enhancing the circular economy and reducing plastic waste [1][3][4] Company Overview - PureCycle Technologies specializes in recycling polypropylene plastic waste using a patented dissolution process developed by Procter & Gamble, transforming it into PureFive™ resin, which can be recycled multiple times [5] Product Details - The HPP15-100 grade of PureFive™ resin is produced at the Ironton Facility and serves as the base recycled content for all of PureCycle's compounded resin grades, appealing to customers seeking a one-pellet solution for applications with historical challenges in integrating recycled content [2][3] Industry Impact - The APR PCR Certification provides third-party validation that supports a reliable market for post-consumer resin, which is essential for the success of recycling initiatives and the circular economy [3][4] - The certification is expected to meet the increasing demand from customers for verified recycled content, aiding in the commercialization of PureCycle's products [3] Association of Plastic Recyclers (APR) - APR is an international non-profit organization focused on improving plastic recycling, providing tools and resources to enhance packaging design and support innovations in recycling [4][6]
Independent Testing Confirms Enovix AI-1™ Battery as Industry’s Highest Energy Density Smartphone Battery
Globenewswire· 2025-08-27 12:30
Core Insights - Enovix Corporation has announced that its AI-1 smartphone battery has been confirmed as the highest energy density cell ever reported for a smartphone, according to Polaris Battery Labs [1][2] - The AI-1 platform combines advanced materials and automated manufacturing to achieve significant improvements in energy density and charging speed, targeting high-volume consumer applications [2] - The AI-1 smartphone battery has an average volumetric energy density of approximately 919 Wh/L, which is among the highest for smartphone batteries, and supports fast charging at 3C rates [6] Company Overview - Enovix is a leader in lithium-ion battery technology, focusing on silicon-anode batteries designed for various applications, including consumer electronics and electric vehicles [3] - The company is headquartered in Silicon Valley and has facilities in India, South Korea, and Malaysia [4] - Enovix holds a strong portfolio of patents related to its battery design and manufacturing processes [3] Market Position - With the AI-1 battery, Enovix is positioned to capture a share of the multi-billion-dollar smartphone battery market, offering higher energy density, faster charging, and improved cycle life [2] - The advancements in battery technology enable longer-lasting devices and support the next generation of AI-powered consumer experiences [2]
Orion to Present at Singular Research’s Emerging Growth & Value Alpha Leaders Conference
Globenewswire· 2025-08-27 12:29
MANITOWOC, Wisc., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today announced that it will participate in Singular Research’s Emerging Growth & Value Alpha Leaders Conference. The conference takes place September 10, 2025, at the AMA Executive Conference Center at 1601 Broadway (entrance on 48th Street) in New York City. Orion Chief Execut ...