Safe Harbor Financial CEO Terry Mendez to Serve as “Shark” during Conscious Capitalist Sessions at Psychedelic Science 2025
Globenewswire· 2025-06-13 20:05
Industry Veteran to Join Global Impact Leaders in Psychedelic Innovation Workshop at World’s Largest Psychedelic ConferenceDENVER, June 13, 2025 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a Safe Harbor Financial (Nasdaq: SHFS) (“Safe Harbor” or the “Company”), a fintech leader facilitating financial services and credit facilities for the regulated cannabis industry, announced that its Chief Executive Officer, Terry Mendez, will serve as a featured “Conscious Capitalist” at Psychedelic Science 2025 (PS2025) ...
Dave & Buster’s Announces Promotion of Les Lehner to Chief Development Officer
Globenewswire· 2025-06-13 20:05
DALLAS, June 13, 2025 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company") today announced that it has promoted Les Lehner to the position of Chief Development Officer. Mr. Lehner most recently served as Chief Procurement Officer and Head of Main Event Development. In connection with this promotion, the Company announced that John Mulleady, current Chief Development Officer, will retire effective as of the close of business on October 23, 2025. Effect ...
The Lovesac Company issues Notice of Settlement of Shareholder Derivative Actions
Globenewswire· 2025-06-13 20:05
STAMFORD, Conn., June 13, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the Designed for Life home and technology brand, today released the following notice: A Federal Court authorized this Notice. This is not a solicitation from a lawyer. TO:ALL PERSONS OR ENTITIES WHO HOLD OR BENEFICIALLY OWN COMMON STOCK OF THE LOVESAC COMPANY AS OF MAY 19, 2025 (“SECURITIES HOLDERS”). PLEASE READ THIS NOTICE CAREFULLY AND COMPLETELY BECAUSE YOUR RIGHTS MIGHT BE AFFECTED BY T ...
IREN closes upsized $550 million convertible notes offering
Globenewswire· 2025-06-13 20:02
SYDNEY, June 13, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the closing of its offering of $550 million aggregate principal amount of 3.50% convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Key details of the transaction Oversubscribed and upsized from $450 million to $500 milli ...
GameStop Stock Selloff Explained - Buy Chance or Value Trap?
ZACKS· 2025-06-13 20:01
Core Insights - GameStop Corp. (GME) shares experienced significant volatility in 2021 due to a short squeeze, followed by a decline attributed to lower quarterly revenues and investor dissatisfaction with a new capital raise policy [1] - The company recently announced a plan to raise $1.75 billion in debt financing, which led to a drop of over 20% in its share price [1][9] - GameStop's shift from selling video games to investing in Bitcoin aims to enhance company value and liquidity, but this decision has not been well-received by investors due to Bitcoin's volatility [2][3] Financial Performance - GameStop's revenues decreased by 28% to $3.8 billion in 2024 from $5.3 billion in 2023, with a 17% decline in the first quarter of 2025 compared to the previous year [5][9] - The company reported a profit of nearly $45 million in the first quarter of 2025, indicating improved financial stability despite revenue challenges [9] - GameStop's debt-to-equity ratio stands at 29.7%, significantly lower than the gaming industry's average of 186.4%, suggesting a reliance on shareholders' equity over borrowed capital [9][10] Strategic Moves - GameStop has implemented cost-cutting measures, including closing stores in various countries, to improve profitability [8] - The company is planning further store closures in Canada and France this year as part of its strategy to enhance financial performance [8] Market Position - GameStop's investment strategy mirrors that of Strategy Incorporated (MSTR), which has seen significant stock appreciation due to Bitcoin investments [4] - Despite trading at a discount, GameStop faces challenges in revenue growth and business sustainability, leading to questions about whether it represents a buying opportunity or a value trap [6][7]
Priority Income Fund Announces Redemption of its 6.125% Series I Term Preferred Stock Due 2028
GlobeNewswire News Room· 2025-06-13 20:01
NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that it will redeem all outstanding shares of its 6.125% Series I Term Preferred Stock Due 2028 (CUSIP: 74274W780; NYSE: PRIF PRI) (the “Series I Preferred Shares”) at a price of $25 per Series I Preferred Share, plus accrued but unpaid dividends per Series I Preferred Share from March 31, 2025, to but excluding, the Redemption Date (the “Redemption Price”). The redemption date will ...
Monolithic Power Systems Announces Second Quarter 2025 Dividend
Globenewswire· 2025-06-13 20:01
KIRKLAND, Wash., June 13, 2025 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (Nasdaq: MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, announced today its second quarter dividend of $1.56 per common share to all stockholders of record as of the close of business on June 30, 2025. The dividend will be paid on July 15, 2025. Safe Harbor Statement This news release includes “forward-looking statements” intended to qualify for the safe harbor from lia ...
CoreCivic: A Clear Beneficiary Of The Current Administration's Tough Immigration Policies
Seeking Alpha· 2025-06-13 20:00
Based on my analysis, even though CoreCivic's (NYSE: CXW ) share price has increased by 87.64% in the past year, I believe that the company is still undervalued. Apart from potential revenue growth due to the Trump administration'sI am seasoned investor with more than 20 years of investment experience, specializing in identifying companies that have the potential to consistently outperform the broader market. My investment journey begin pre-2008 and I have experienced multiple market cycles, allowing me to ...
RCKT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Rocket Pharmaceuticals, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-06-13 20:00
NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Rocket Pharmaceuticals, Inc. (“Rocket” or “the Company”) (NASDAQ: RCKT) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Ro ...
Houston American Energy Corp. Provides Response to Unusual Market Action
Globenewswire· 2025-06-13 19:43
HOUSTON, TX, June 13, 2025 (GLOBE NEWSWIRE) -- Houston American Energy Corp. (NYSE American: HUSA) (“HUSA” or the “Company”) announced today that the Company had become aware of unusual trading activity in its common stock on the New York Stock Exchange American (the “NYSE”) on June 12 and June 13, 2025. The Company is issuing this press release pursuant to Section 401(d) of the NYSE Company Guide. The Company has made inquiries and has been unable to determine whether corrective actions are appropriate at ...