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Emerita Announces Closing of C$25M Brokered Private Placement and C$1.09M Concurrent Non-Brokered Private Placement
Globenewswire· 2025-08-26 13:34
Core Viewpoint - Emerita Resources Corp. has successfully closed a brokered private placement and a concurrent non-brokered private placement, raising a total of approximately C$26 million for exploration and development activities in Spain [2][3][7]. Group 1: Offering Details - The brokered private placement involved the issuance of 23,809,500 units at a price of C$1.05 per unit, resulting in gross proceeds of C$24,999,975 [2]. - The non-brokered private placement issued 1,040,000 units at the same offering price, generating gross proceeds of C$1,092,000 [3]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of an additional common share at C$1.30 until August 26, 2027 [4]. Group 2: Financial Arrangements - The agents involved in the brokered offering received a cash commission of C$1,727,213.25 and 1,644,965 non-transferable compensation options [5]. - The securities from the brokered offering are not subject to a statutory hold period, while those from the non-brokered offering will have a hold period of four months and a day [6]. Group 3: Use of Proceeds - The net proceeds from the offerings will be allocated towards exploration and development of the company's mineral properties in Spain, as well as for general corporate and working capital purposes [7]. Group 4: Company Overview - Emerita Resources Corp. is focused on the acquisition, exploration, and development of mineral properties in Europe, primarily in Spain, with its corporate office in Sevilla and an administrative office in Toronto [10].
Genmab to Participate in a Fireside Chat at the Morgan Stanley 23rd Annual Global Healthcare Conference
Globenewswire· 2025-08-26 13:31
Company Overview - Genmab A/S is an international biotechnology company focused on improving patient lives through innovative antibody therapeutics [2][3] - Established in 1999 and headquartered in Copenhagen, Denmark, Genmab has a global presence across North America, Europe, and Asia Pacific [3] Upcoming Events - Genmab's CEO Jan Van de Winkel and CFO Anthony Pagano will participate in a fireside chat at the Morgan Stanley 23rd Annual Global Healthcare Conference on September 9, 2025, at 7:45 AM EDT [1] Strategic Vision - By 2030, Genmab aims to transform the lives of patients with cancer and other serious diseases through its proprietary pipeline, which includes bispecific T-cell engagers, antibody-drug conjugates, and next-generation immune checkpoint modulators [2]
Portillo's Has a Delicious Secret to Tell You
Globenewswire· 2025-08-26 13:30
Core Insights - Portillo's has introduced two new secret menu items exclusively for Portillo's Perks members, enhancing customer loyalty and engagement [1][9] - The new offerings include Chili Cheese Fries and a Triple Cheeseburger, designed to appeal to both long-time fans and new customers [2][3] Company Overview - Portillo's operates over 95 restaurants across 10 states, evolving from a small hot dog trailer in Chicago to a beloved brand known for its diverse menu [5] - The company focuses on creating experience-oriented dining destinations that include dine-in, drive-thru, takeout, and delivery options [5] Loyalty Program - The Portillo's Perks loyalty program allows members to earn and redeem rewards, with exclusive access to the secret menu items [6] - Membership can be obtained through the Portillo's website, encouraging customer participation and enhancing brand loyalty [3][6]
The Internet’s New Punching Bag: Fiverr Unveils Garry, the Unhinged AI Character Taking on Internet Culture — from the Nicki Minaj Stiletto Challenge to WNBA Mayhem
Globenewswire· 2025-08-26 13:28
Core Insights - Fiverr's new campaign features an AI-generated character named Garry, showcasing how brands can leverage real-time marketing without the lengthy timelines and budgets typically associated with large agencies [2][3][4] Company Overview - Fiverr's campaign, "Prompt and Punishment," highlights the capabilities of its in-house creative team and AI-expert freelancers to produce high-quality ads quickly [2][3] - The campaign demonstrates that small and mid-size businesses can access marketing quality previously reserved for Fortune 500 companies, without the associated costs [3][4] Marketing Strategy - The campaign cost approximately 10% of what Fiverr would usually spend on a similar production, indicating a significant reduction in marketing expenses [5] - Fiverr is crowdsourcing ideas for Garry's next adventures, showcasing the agility of freelancers in producing content that resonates with current cultural moments [6] Creative Production - The production process utilized advanced AI tools, allowing for rapid iteration and execution of marketing campaigns [4][8] - The campaign signifies a shift in creative workflows, where brands can now brief algorithms instead of traditional agencies, enabling faster concept testing and execution [8] Industry Impact - The campaign emphasizes the importance of combining human creativity with AI capabilities, positioning smaller teams to respond to trends more swiftly than larger agencies [4][7] - Fiverr's approach illustrates a broader trend in the marketing industry towards AI-native production methods, enhancing the speed and efficiency of content creation [8]
SEALSQ's SEALQuantum.com Lab is Advancing the Convergence of Quantum, Cybersecurity, and AI to Empower the Next-Generation of Startups
Globenewswire· 2025-08-26 13:20
Core Insights - SEALSQ Corp is advancing the quantum industry through its SEALQuantum.com Lab Incubator, which supports quantum startups in developing scalable products and solutions [2][3] - The global quantum market is projected to reach $97 billion by 2035, with quantum computing alone expected to grow at annual rates above 30%, creating significant opportunities for innovation [3][4] - SEALSQ is integrating AI into its quantum strategy, enhancing semiconductor design and cybersecurity, and aiming to develop hybrid quantum-classical systems [5][11] Company Developments - The SEALQuantum.com Lab has a total investment capacity of $30 million and has already invested in startups like ColibriTD and Quantix, as well as acquired IC'ALPS for semiconductor solutions [4][5] - SEALSQ is collaborating with ColibriTD and Xdigit to tackle the sub-7nm semiconductor challenge, aiming to improve wafer yields by addressing IR Drop issues through advanced mathematical modeling and quantum computing [6][9] - The company is positioning itself at the forefront of the Quantum-AI revolution, focusing on practical solutions for advanced chip manufacturing and quantum-resistant security [5][11] Market Context - The semiconductor industry faces urgent innovation needs as traditional methods struggle at smaller nodes, with yield losses exceeding 50% at nodes of 7nm and below [9] - SEALSQ's initiatives are timely, coinciding with rapid advancements in quantum computing, such as IBM's development of a fault-tolerant quantum computer by 2029 [8][9] - Upcoming events, including the Quantum Corridor launch in Davos and the IQT Quantum + AI event in New York, will provide startups with exposure to global investors and industry leaders [10]
Fifty1 Labs Partners with LUNR Aerospace to Pioneer AI-Driven Drug Repurposing for Space Medicine, Strategic Collaboration Aims to Harness AI and Orbital Access to Revolutionize Astronaut Health Solutions in a $2 Billion Market by 2032
Globenewswire· 2025-08-26 13:18
VANCOUVER, British Columbia, Aug. 26, 2025 (GLOBE NEWSWIRE) -- via IBN -- Fifty 1 AI Labs, a subsidiary of Fifty 1 Labs, Inc. (OTC: FITY), has entered a groundbreaking partnership with LUNR Aerospace to develop AI-driven drug repurposing initiatives tailored for space medicine. This collaboration targets critical health challenges in microgravity, including immune support, musculoskeletal resilience, neuro-ocular protection (Spaceflight-Associated Neuro-Ocular Syndrome, or SANS), cardiovascular stability, ...
Recreatives Industries (OTC: RECX) Launches Crypto Payment System for Global Sales of MAX Amphibious ATVs, Parts, and Accessories
Globenewswire· 2025-08-26 13:15
Core Viewpoint - Recreatives Industries, Inc. has successfully implemented a cryptocurrency payment system, allowing customers to purchase MAX vehicles and accessories using over 300 cryptocurrencies, thereby modernizing its operations and expanding its global reach [1][2][3]. Group 1: Cryptocurrency Payment System - The company now accepts more than 300 cryptocurrencies, including major tokens like Bitcoin, Ethereum, and Litecoin, providing a fast and secure payment option for global customers [2][6]. - The integration of cryptocurrency payments offers customers more choice and flexibility while reducing reliance on traditional payment methods that can be costly and restrictive [3][6]. Group 2: Strategic Financial Initiatives - Recreatives intends to retain a portion of received cryptocurrency on its balance sheet as part of a long-term treasury strategy, aiming to diversify financial holdings beyond traditional fiat reserves [4][7]. - The company is exploring blockchain-based financing solutions, which could provide unique financing opportunities for dealers and consumers in the amphibious ATV market [4][5]. Group 3: Future Growth and Innovation - By adopting cryptocurrency, the company positions itself to scale sales, expand distribution, and create innovative financing solutions that traditional lenders may not offer [5][6]. - The company plans to diversify its product line, including larger 8x8 vehicles and electric vehicle drivetrains, leveraging advancements in battery technology [9].
Aviat Introduces International ETSI Version of IRU600 Ultra-High Power All-Indoor Microwave Radio
Prnewswire· 2025-08-26 13:15
Breakthrough +40dBm output power enables longer links, more capacity and lower costs for Private and Public Network applications worldwideAUSTIN, Texas, Aug. 26, 2025 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the expert in wireless transport and access solutions, today announced that its IRU600 indoor microwave radio, supporting the highest ever transmitter power in the industry, is now compliant to ETSI (European Telecommunications Standards Institute) standards. This will allow operators worldw ...
Bryah Rapidly Advances Work at the Golden Pike Property Under Option from Globex Mining Enterprises
Globenewswire· 2025-08-26 13:12
TORONTO, Aug. 26, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to provide a short summary of news from Bryah Resources Limited (BYH-ASX) which has the Devil’s Pike gold/antimony property under option from Globex. (See Globex press release dated May 22, 2025). Globex has r ...
Flashforge: Driving Innovation and Sustainability in North America 3D Printing Market
Globenewswire· 2025-08-26 13:06
Core Insights - Flashforge has maintained its brand philosophy of "MORE ADVANCED, MORE ACCESSIBLE" since its founding in 2011, focusing on high-performance 3D printing solutions and sustainability [1][9] - The company launched a one-month environmental pilot program in the U.S. aimed at responsible recycling of retired desktop 3D printers, receiving over 1,000 valid registrations [2][3] Sustainability Initiatives - Flashforge's sustainability efforts include a comprehensive approach that goes beyond recycling, embedding energy efficiency and eco-friendliness into product development [4] - The best-selling Adventurer 5M (AD5M) series has received multiple awards, highlighting the company's commitment to sustainable and user-friendly design [4] Product Innovations - The introduction of the AD5X, a compact FDM multi-color 3D printer, aims to enhance user experience and space efficiency while promoting sustainable operation [5] - Key features of the AD5X include a 4-color integrated design, a modular IFS system for automatic filament switching, and multi-color TPU printing capabilities [5] Market Presence - Flashforge has established a strong presence in North America through a diverse distribution network, with products available at major retailers like Micro Center, BestBuy, and Walmart [7] - The AD5M ranked as Amazon's No.1 best-selling 3D printer for 12 consecutive months, showcasing the brand's popularity [7] Future Plans - The AD5X will be launched in all 29 Micro Center stores across the U.S. in September, allowing consumers to experience multi-color printing firsthand [7]