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Aspo Plc: Share repurchase 24.11.2025
Globenewswire· 2025-11-24 16:30
Aspo Plc ANNOUNCEMENT 24.11.2025 Aspo Plc: Share repurchase 24.11.2025 In the Helsinki Stock Exchange Trade date 24.11.2025 Bourse trade Buy Share ASPO Amount 2 000SharesAverage price/ share 6,6580EURTotal cost 13 316,00EUR Aspo Plc now holds ...
TRWD Targets One of America’s Last Fragmented Industries With a Scalable Growth Strategy
Globenewswire· 2025-11-24 16:29
Core Insights - Tradewinds Universal, Inc. (TRWD) aims to consolidate and modernize the fragmented adult entertainment and nightlife industry in the U.S., which consists of over 3,000 independently owned venues and has a market size exceeding $10 billion annually [1][2]. Industry Overview - The adult entertainment and nightlife industry has historically been undercapitalized and under-marketed, with limited modernization and aging ownership structures despite strong consumer demand [2]. - This fragmentation presents a unique opportunity for TRWD to establish a national, modernized, multi-brand entertainment conglomerate, becoming only the second publicly traded company in this sector after RCI Hospitality [3]. Company Strategy - TRWD's growth strategy focuses on acquiring underperforming or undervalued venues and transforming them through a systematic approach: Rebuild → Rebrand → Relaunch, which has already shown success with brands like Peppermint Hippo and Las Tóxicas [4]. - The company plans to unite multiple operators and brands under one professionally managed conglomerate, aiming to create economies of scale and a consistent guest experience [5]. Market Position - TRWD emphasizes real venues and revenue, positioning itself as a new public force in an underserved market, with a foundation that can generate measurable shareholder value and long-term scalability [7]. - The company is entering a large consumer-facing industry that has not experienced true consolidation, with a mission to modernize the space through transparent reporting and institutional standards [8]. Brand Development - Peppermint Hippo, founded in 2018, has rapidly expanded from a single club to operating 10 clubs nationwide, with a flagship location in Las Vegas, showcasing a "Mini-Vegas" experience [9][8].
AI Infrastructure Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing November 24, 2025
Globenewswire· 2025-11-24 16:15
Core Points - AI Infrastructure Acquisition Corp. has announced that starting November 24, 2025, holders of its initial public offering units can separately trade Class A ordinary shares and rights [1][2] - Each unit consists of one Class A ordinary share and one right to receive one-fifth of a Class A ordinary share upon the completion of the initial business combination [1] - The Class A ordinary shares and rights will trade under the symbols "AIIA" and "AIIA R" respectively, while unseparated units will continue to trade under "AIIA U" [2] Company Overview - AI Infrastructure Acquisition Corp. is a blank check company, also known as a special purpose acquisition company (SPAC), formed to engage in mergers, amalgamations, share exchanges, asset acquisitions, and similar business combinations [5] - The company is led by CEO Michael Winston and CFO George Murnane [5] - The initial public offering was underwritten by Maxim Group LLC, which acted as the sole book runner [3]
Disclosure of trading in own shares from November 18, 2025 to November 21, 2025
Globenewswire· 2025-11-24 16:00
Head Office : 4 allée de l'Arche, 92400 Courbevoie, FranceTel : + 33 (0) 1 78 15 00 00 – www.nexans.coma French Société Anonyme with a share capital of € 43,744,779 – R.C.S. Nanterre 393 525 852 – Id VAT FR 74 393 525 852 Disclosure of trading in own shares From November 18, 2025 to November 21, 2025 Issuer : Nexans Category : treasury shares Pursuant to applicable law on share buybacks, Nexans declares the following purchases of its own shares from N ...
Nexans appoints Vincent Piquet as Chief Financial Officer
Globenewswire· 2025-11-24 16:00
Nexans appoints Vincent Piquet as Chief Financial Officer _PRESS RELEASE_ Paris La Défense, November 24, 2025 – Nexans is pleased to announce the appointment of Vincent Piquet as Chief Financial Officer, effective January 19, 2026. He will join the Nexans Executive Committee and will be based in Paris. Vincent brings comprehensive experience across the full scope of the Finance function, spanning operational performance optimization, functional and strategic transformation, as well as substantial exposure t ...
Luda Technology Group Limited Provides Response to Unusual Market Action
Globenewswire· 2025-11-24 16:00
Core Viewpoint - Luda Technology Group Limited has reported unusual trading activity in its Ordinary Shares on the NYSE American, confirming no material developments in its business beyond previously disclosed information [1]. Company Overview - Luda Technology Group Limited is a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, with a history dating back to 2004 when it was incorporated in Hong Kong [2]. - The company expanded its operations in 2005 by establishing Luda (Taian) Industrial Company Limited for manufacturing flanges and fittings in China, and has over 20 years of operational history [2]. - The company is headquartered in Hong Kong and has a manufacturing base in Taian City, Shandong Province, China [2]. - Luda Technology's sales network includes customers from various regions such as China, South America, Australia, Europe, Asia (excluding China), and North America, serving industries like chemical, petrochemical, maritime, and manufacturing [2].
Barrick Announces Resolution of its Disputes with Mali
Globenewswire· 2025-11-24 15:45
Core Insights - Barrick Mining Corporation has reached an agreement with the Government of Mali to resolve all disputes related to the Loulo and Gounkoto mines, leading to the dropping of all charges against the company and its employees [1] - The provisional administration of the Loulo-Gounkoto complex will be terminated, allowing Barrick to regain operational control [1] - As part of the settlement, Barrick's subsidiaries will withdraw arbitration claims pending before the International Centre for Settlement of Investment Disputes (ICSID) [1] Company Overview - Barrick Mining Corporation is a leading global mining, exploration, and development company with a significant portfolio of gold and copper assets, including six Tier One gold mines [2] - The company operates in 18 countries across five continents and is the largest gold producer in the United States [2] - Barrick aims to create long-term value for stakeholders through responsible mining practices and strong partnerships [2]
Festi hf.: Publication of Supplement to Base Prospectus
Globenewswire· 2025-11-24 15:40
Festi hf., reg. no. 540206-2010, Dalvegur 10–14, 201 Kópavogur, has published a supplement to the base prospectus, dated 9 October 2025, in connection with the issuance programme for bonds and bills. The supplement, which forms part of the base prospectus, is dated 24 November 2025 and has been approved by the Financial Supervisory Authority of the Central Bank of Iceland. The supplement is issued in Icelandic and published electronically on Festi’s website together with the base prospectus, https://www.fes ...
Diversified Energy Completes Canvas Energy Acquisition
Globenewswire· 2025-11-24 15:30
Core Viewpoint - Diversified Energy Company has successfully completed the acquisition of Canvas Energy, enhancing its operational capabilities and asset portfolio in Oklahoma, funded through a $400 million asset-backed securitization [2][3]. Acquisition Highlights - The acquisition adds complementary operated producing properties and acreage positions in Oklahoma, with a purchase price of approximately $550 million, reflecting a purchase price multiple of about 3.5x on next twelve months (NTM) EBITDA [7]. - The estimated NTM EBITDA for the combined entities is around $155 million, prior to anticipated synergies, with a proved PV-10 value of approximately $690 million and total reserves of about 200 million barrels of oil equivalent (MMBoe) [7]. - The acquisition is expected to yield significant annual run rate synergies and includes commercially attractive undeveloped acreage, providing options for portfolio optimization [7]. ABS Financing Highlights - To facilitate the acquisition, the company issued 3,720,125 new shares of common stock, which will be listed on the New York Stock Exchange [4]. - The ABS transaction is structured as a master trust, with "A" tranche notes priced at a blended coupon of 5.97%, benefiting from an investment-grade rating [7]. Total Voting Rights - As of November 24, 2025, the total number of shares of common stock in issue is 80,445,793, with each share carrying one vote [6].
Ecer Named to 2025 China AI 100 as CEO Presents Intelligent Trade Innovations
Globenewswire· 2025-11-24 14:51
Core Insights - The 2025 AI Creator Summit in Beijing highlighted the role of AI in enhancing global B2B trade competitiveness, with Ecer Technology's CEO Hu Xinran presenting the company's innovative strategies and applications of AI in the industry [1][2]. Company Initiatives - Ecer Technology focuses on integrating AI technologies into practical business scenarios, specifically targeting small and medium-sized enterprises to alleviate user pain points and enhance their market capabilities [2][5]. - The company has developed an Intelligent Inquiry System that supports real-time translation in over 20 languages, facilitating effective communication and negotiations in cross-border trade [3][5]. - Ecer's AI-driven approach encompasses the entire business process, from supply/demand information release to order finalization, significantly improving transaction efficiency and client satisfaction [5]. Industry Impact - The application of AI in B2B trade is transforming how businesses operate, with intelligent business matching and enhanced communication tools leading to increased quality inquiries and productivity [2][5]. - Ecer's recognition on the "2025 CHINA AI 100" list underscores its impact and innovation within the AI and trade sectors, positioning the company as a leader in smart foreign trade solutions [4][5].