Diana Shipping Inc. Announces Time Charter Contract for m/v Seattle with SwissMarine and the Sale of a Dry Bulk Vessel, the m/v DSI Drammen
Globenewswire· 2025-11-21 14:25
Core Points - Diana Shipping Inc. has entered into a time charter contract with SwissMarine Pte. Ltd. for the Capesize dry bulk vessel m/v Seattle at a gross charter rate of US$24,500 per day, expected to commence on November 26, 2025, and lasting until at least May 1, 2027, up to June 30, 2027 [1][2] - The m/v Seattle is expected to generate approximately US$12.62 million in gross revenue for the minimum scheduled period of the time charter [2] - The company has signed a Memorandum of Agreement to sell the Ultramax dry bulk vessel m/v DSI Drammen for approximately US$26.40 million, with delivery to the buyer by March 31, 2026 [3] - Diana Shipping Inc.'s fleet consists of 36 dry bulk vessels with a combined carrying capacity of approximately 4.1 million dwt and a weighted average age of 11.99 years [4] - The company expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028 [4] - The company primarily provides shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels, transporting various commodities along global shipping routes [5]
authID Announces Pricing of Approximately $3,675,000 Registered Direct Offering
Globenewswire· 2025-11-21 14:20
Core Points - authID Inc. has entered into a definitive agreement to sell approximately 2,688,747 shares of its common stock and/or Pre-Funded Warrants at a purchase price of $1.35 per share, with expected gross proceeds of approximately $3,675,000 before expenses [1][2] Group 1: Offering Details - The Registered Direct Offering is expected to close on or about November 24, 2025, subject to customary closing conditions [2] - Dominari Securities LLC and Madison Global Partners, LLC acted as Co-Placement Agents for the offering [2] - The offering is made pursuant to a shelf registration statement filed with the SEC, and a prospectus supplement will be available [3] Group 2: Company Overview - authID provides biometric identity verification and authentication solutions, ensuring enterprises can accurately verify user identities [5] - The company boasts a 1-in-1-billion False Positive Rate, enhancing security and user experience [5] - authID's IDX platform secures a distributed workforce and addresses fraud prevention, deepfake detection, and password risks [5]
Innovative Payment Solutions, Inc. (IPSI) Forms Astria Insurance Solutions Inc. to Enter Insurance Marketing, Licensing, and Crypto-Enabled Premium Payments
Globenewswire· 2025-11-21 14:15
Core Insights - Innovative Payment Solutions, Inc. (IPSI) has formed a new wholly owned subsidiary, Astria Insurance Solutions Inc. (AIS), to enter the insurance marketing, licensing, and premium-finance sector [1] Group 1: Subsidiary Formation and Strategy - AIS is being established to acquire a modern insurance marketing platform, with active negotiations currently underway [2] - AIS is preparing to execute a Marketing and Services Agreement (MSA) with a licensed insurance agency and surplus-lines brokerage to generate immediate revenue opportunities [2] - A key component of AIS's strategy is to leverage IPSI's payment infrastructure, including real-time settlement and cryptocurrency payment capabilities, targeting both traditional and emerging markets [3] Group 2: Licensing and Operations - AIS plans to onboard licensed insurance professionals to obtain state-by-state insurance licenses, allowing it to operate as a direct insurance producer across most U.S. jurisdictions [4] - The subsidiary intends to reactivate its own in-house insurance premium finance program, providing flexible financing options for policyholders once regulatory steps are completed [4] Group 3: Management Perspective - The CEO of IPSI, Bill Corbett, stated that the launch of AIS positions the company to merge payments, fintech, and insurance into a single growth channel, creating new revenue streams while building long-term value [5]
Edible Garden Products Now Carried by George’s Plants, Along with New Brooklyn Harvest Market and Associated Supermarket Locations
Globenewswire· 2025-11-21 14:15
Core Insights - Edible Garden AG Incorporated is expanding its retail presence in New York City by partnering with local retailers such as George's Plants, Brooklyn Harvest Market, and Associated Supermarket, offering a full range of its organic produce and Pickle Party® products [1][2][3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model, available in over 5,000 retail locations across the U.S., Caribbean, and South America [4] - The company operates advanced greenhouses and processing facilities in Michigan, Iowa, and New Jersey, and collaborates with contract growers near major U.S. markets to ensure product freshness and minimize environmental impact [4] Product Offerings - The company offers a variety of products, including potted and cut herbs, hydroponic basil, and a growing line of nutrition and specialty food products such as Vitamin Way® and Vitamin Whey® [6] - Edible Garden's Pickle Party® line features gourmet fermented foods, while Pulp products include fermented gourmet and chili-based sauces [6] Technological Innovations - Edible Garden utilizes proprietary GreenThumb 2.0 software to optimize greenhouse conditions and reduce food miles, along with patented Self-Watering displays to enhance plant shelf life and in-store presentation [5] - The company holds patents in advanced aquaculture technologies, including a closed-loop shrimp farming system and a modular recirculating aquaculture setup [5] Market Position - Edible Garden has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative, highlighting its commitment to sustainability and innovation in the food industry [6]
CSW Industrials Deploys Over $26.5 Million on Acquisitions Within the Specialized Reliability Solutions Segment, Diversifying Our End Markets
Globenewswire· 2025-11-21 14:15
Investment Highlights Capital investment of over $26.5 million within Specialized Reliability Solutions segment for acquisitions of Hydrotex Holdings, Inc., which further diversifies our end markets for specialty oils and lubricants, and ProAction Fluids, which delivers new products for Horizontal Directional Drilling to our portfolioValuation of combined acquisitions represents approximately 5.0x trailing twelve-months’ adjusted EBITDA, adjusted for identified synergies expected to be achieved within the f ...
NETSOL's Transcend Retail signs two US dealer groups
Globenewswire· 2025-11-21 14:15
Core Insights - NETSOL Technologies has successfully deployed its Transcend Retail platform at Porsche North Houston and Jim Shorkey Nissan, enhancing digital retail capabilities for these dealerships [1][6]. Group 1: Product Overview - Transcend Retail is an omnichannel, end-to-end digital retail platform designed to transform the automotive sales process, providing a connected retail journey that improves sales and customer experience [2]. - The platform has been recognized for its modern user interface and ease of use, leading to increased lead capture and customer engagement compared to previous tools [4][7]. Group 2: Implementation and Expansion - The deployment at Porsche North Houston was completed in under five weeks, showcasing the platform's flexibility and scalability [3]. - Following the successful implementation at Porsche North Houston, five additional dealerships within Indigo Auto Group are scheduled to go live by December 1, 2025, indicating a rapid expansion of the platform [5]. Group 3: Market Impact - The adoption of Transcend Retail by Jim Shorkey Nissan reflects NETSOL's strategy to modernize the retail experience for dealerships in North America, addressing the need for operational efficiency in a competitive market [6]. - The CEO of NETSOL highlighted the partnership with premier dealership groups as a significant step towards delivering a seamless and intelligent digital automotive retail experience [8].
MAIA Biotechnology Highlights Ongoing Momentum of Ateganosine Clinical Program at SITC 2025
Globenewswire· 2025-11-21 14:01
Core Insights - MAIA Biotechnology is advancing its clinical trials for ateganosine, a novel telomere-targeting agent for non-small cell lung cancer (NSCLC), with 12 patients currently enrolled in the Phase 2 THIO-101 expansion trial [2][3][4] - The FDA has granted Fast Track designation for ateganosine, indicating potential for expedited approval based on promising early results [2][4] - The company is also initiating patient screening for the Phase 3 THIO-104 trial, which aims to evaluate ateganosine in a population with significant unmet medical needs [4][8] Clinical Trials Overview - The Phase 2 THIO-101 trial is designed to assess the safety and efficacy of ateganosine followed by the checkpoint inhibitor cemiplimab in advanced NSCLC patients resistant to prior treatments [8] - The trial has shown promising results, with a patient demonstrating a survival of 30 months, significantly exceeding the current overall survival of approximately 6 months for similar patient populations [4][8] - The Phase 3 THIO-104 trial will compare ateganosine with standard chemotherapy in third-line NSCLC patients resistant to previous therapies [6][8] Market Potential - Ateganoisne has the potential to enhance existing treatment strategies and improve outcomes for advanced NSCLC patients, addressing a critical gap in current cancer therapies [5][9] - The ongoing trials and positive early results position MAIA Biotechnology to potentially capture a significant share of the NSCLC treatment market, particularly for patients with telomerase-positive cancer cells [9]
Cabot Corporation Announces Reinforcement Materials Segment Executive Transition
Globenewswire· 2025-11-21 14:00
Core Viewpoint - Cabot Corporation has appointed William Masterson as the new senior vice president and president of the Reinforcement Materials segment, effective November 21, 2025, succeeding Matthew Wood who has left the company immediately [1][2]. Group 1: Leadership Transition - William Masterson has been with Cabot since 2011 and has held various leadership roles, most recently as vice president of Global Business Operations for Carbon and Silica Technologies, overseeing multiple manufacturing facilities globally [3]. - Masterson's previous roles included vice president and regional business director for the Americas in specialty carbons and fumed metal oxides, where he was responsible for sales, marketing, and technical service activities [3]. - The departure of Matthew Wood was not due to any disagreements regarding the company's business performance or operations [2]. Group 2: Masterson's Qualifications - Masterson brings a strong background in global business operations and commercial strategy, with a proven track record in leading complex organizations [4]. - He is recognized for his collaborative leadership style and ability to develop talent within the company, which is expected to support the Reinforcement Materials business [4]. - The existing team in the Reinforcement Materials segment is described as long-tenured and highly experienced, providing a solid foundation for Masterson's leadership [4]. Group 3: Company Overview - Cabot Corporation is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts, known for its products including reinforcing carbons, specialty carbons, battery materials, and fumed metal oxides [5].
AB KN Energies unaudited financial information for the 9 months of 2025
Globenewswire· 2025-11-21 14:00
AB KN Energies (hereinafter – KN, the Company) announces the unaudited consolidated (hereinafter – the Group) and separate financial results for the 9 months ended 30 September 2025. Key financial indicators for the 1- 9 months of 2025: EUR millionsGroupCompany 1-9 months of 20251-9 months of 20241-9 months of 20251-9 months of 2024Revenue76.768.0<td style="width:121.8px;;vertical-align: middle; text-align: left; ...
Cloudastructure Expands Remote Monitoring with First Global Guard Center in Kolkata, India
Globenewswire· 2025-11-21 14:00
Core Insights - Cloudastructure has launched its first global guard center in Kolkata, India, enhancing its remote monitoring capabilities and enabling faster response times and stronger oversight [1][2][7] Group 1: Strategic Benefits - The establishment of the guard center allows Cloudastructure to scale remote monitoring operations more efficiently and reduce reliance on third-party providers, thereby lowering costs [3] - The in-house operations provide superior verification and fewer false alarms compared to traditional models that depend on external providers [4] Group 2: Cost Efficiency & Margin Improvement - By bringing remote guard operations in-house, the company reduces outsourcing expenses and improves margin predictability, reinforcing long-term profitability [5] Group 3: Enhanced Investor Confidence - Control over critical security operations, combined with a powerful analytics platform, positions Cloudastructure as a vertically integrated leader in remote monitoring and proactive security, enhancing operational resilience [6] Group 4: Competitive Advantage - The alignment of guard teams to local daytime hours in India ensures peak human cognitive performance, leading to more proactive and reliable threat responses [7]