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Noble Capital Markets Initiates Equity Research Coverage on Greenwich LifeSciences
Globenewswire· 2025-08-20 13:25
Core Viewpoint - Greenwich LifeSciences, Inc. has announced the initiation of company-sponsored equity research coverage by Noble Capital Markets, focusing on its Phase III clinical trial, FLAMINGO-01, which evaluates GLSI-100 as an immunotherapy for preventing breast cancer recurrences [1] Group 1: Clinical Trial Details - FLAMINGO-01 is a Phase III clinical trial assessing the safety and efficacy of GLSI-100 in HER2 positive breast cancer patients with residual disease or high-risk pathologic complete response after surgery [2] - The trial will involve approximately 500 HLA-A*02 patients randomized to receive either GLSI-100 or a placebo, with an additional arm for up to 250 patients of other HLA types receiving GLSI-100 [2] - The trial aims to detect a hazard ratio of 0.3 in invasive breast cancer-free survival, requiring 28 events for analysis, with an interim analysis planned after 14 events [2] Group 2: Company Overview - Greenwich LifeSciences is a clinical-stage biopharmaceutical company focused on developing GP2, an immunotherapy aimed at preventing breast cancer recurrences in patients post-surgery [4] - GP2 is a 9 amino acid transmembrane peptide derived from the HER2 protein, which is expressed in 75% of breast cancers at varying levels [4] - The company is actively conducting the FLAMINGO-01 trial, with plans to expand to 150 clinical sites globally [2][4] Group 3: Breast Cancer Statistics - One in eight U.S. women will develop invasive breast cancer in their lifetime, with around 300,000 new cases and 4 million survivors annually [3] - HER2 protein is expressed in 75% of breast cancers, indicating its significance in treatment strategies [3][4]
PrimeEnergy Resources Corporation Reports Second Quarter and First Half 2025 Results
Globenewswire· 2025-08-20 13:25
Core Insights - PrimeEnergy Resources Corporation reported a decline in revenue and earnings for Q2 and the first half of 2025 due to lower oil prices, but maintained solid cash flow and continued capital returns to shareholders [1][6] Financial Performance - Q2 2025 Revenue: $42.0 million, down from $64.8 million in Q2 2024 - Q2 Net Income: $3.2 million, compared to $19.7 million in the previous year - Q2 Diluted EPS: $1.33, a decrease from $7.77 - First Half 2025 Revenue: $92.0 million, down from $107.8 million in 2024 - First Half Net Income: $12.4 million, compared to $31.1 million in 2024 - First Half Discretionary Cash Flow: $56.9 million, down from $64.1 million in 2024 [6] Shareholder Alignment - In Q2 2025, Chairman Charles E. Drimal, Jr. entered into voting rights agreements covering 155,926 shares, resulting in affiliated shareholders controlling over 80% of the Company's voting power on a fully diluted basis, indicating strong confidence in the Company's long-term strategy [3] Production and Strategy - Despite a modest decline in oil volumes year-over-year, the Company experienced strong growth in natural gas and NGL production, highlighting the strength of its diversified production base [4] - The Company remains committed to executing its development program and creating long-term value, supported by a disciplined capital program [4] Capital Management - Share Repurchases: 53,000 shares in 2025, totaling $12.1 million; $113.5 million since the program's inception, with plans to continue repurchases throughout the year [6] - Liquidity: $2.4 million cash at quarter-end; $115 million fully available under credit facility [6]
Kartoon Studios Launches “Bitcoin Brigade: Adventures in Satoshi City” – a New Animated Children’s Series and Multi-Platform Ecosystem Built Around Bitcoin And DEFI
Globenewswire· 2025-08-20 13:15
Core Viewpoint - Kartoon Studios is launching "Bitcoin Brigade: Adventures in Satoshi City," an innovative animated series that integrates blockchain technology and Bitcoin education into children's entertainment, set to debut in fall 2026 on Kartoon Channel [1][10]. Group 1: Series Overview - "Bitcoin Brigade" invites children into Satoshi City, a digital realm where kids discover a portal connecting their world to a decentralized metropolis, blending action with educational themes [2]. - The series will feature dynamic anime-style visuals and original K-Pop music, aiming to create an immersive experience [2]. - The narrative includes young heroes representing Bitcoin and blockchain concepts, who defend their city from villains threatening the system [6]. Group 2: Business Model and Partnerships - Kartoon Studios is developing a comprehensive Bitcoin-native business platform, including The Satoshi Sparks Rewards System, allowing kids to earn digital currency by engaging with the series [8]. - The company is partnering with Bitkern, a leading Bitcoin mining company, to guide the series and its global launch strategy [2][4]. - A global licensing program will feature toys and apparel embedded with NFC chips to educate children about Bitcoin and blockchain technology [9]. Group 3: Educational Focus - The series aims to teach children about finance, ownership, and innovation through engaging storytelling and interactive challenges [3][8]. - An interactive mobile app will provide secure, kid-friendly Lightning wallets for earning and spending Sparks, with parental controls to promote responsible Bitcoin custodianship [9]. Group 4: Market Positioning - Kartoon Studios positions itself at the forefront of kids' entertainment and blockchain innovation, aiming for a revolutionary impact on entertainment, education, and gaming [1][11]. - The series will be accessible on multiple platforms, including Kartoon Channel and YouTube Kids, ensuring broad engagement [10].
Calidi Biotherapeutics Announces Pricing of $6 Million Underwritten Public Offering
Globenewswire· 2025-08-20 13:15
Core Viewpoint - Calidi Biotherapeutics, Inc. has successfully priced a public offering to raise $6 million, indicating strong interest from both existing and new investors despite challenging market conditions [1][2]. Group 1: Offering Details - The offering consists of 1,472,764 common stock units priced at $2.00 each, and 1,528,000 pre-funded warrant units priced at $1.999 each [2]. - Each common stock unit includes one share of common stock and one Series I warrant, while each pre-funded unit includes one pre-funded warrant and one Series I warrant [2]. - The Series I warrants have an exercise price of $2.00 per share and are exercisable upon issuance, expiring five years from issuance [2]. Group 2: Underwriting and Closing - Ladenburg Thalmann & Co. Inc. is the sole book-running manager for the offering, with Laidlaw & Company (U.K.) Ltd. acting as a co-manager [3]. - The underwriters have a 45-day option to purchase an additional 450,000 shares of common stock and/or warrants at the public offering price [3]. - The offering is expected to close on or about August 21, 2025, pending customary closing conditions [3]. Group 3: Company Overview - Calidi Biotherapeutics is a clinical-stage biotechnology company focused on developing targeted therapies for delivering genetic medicines to disease sites [6]. - The company's proprietary Redtail platform utilizes an engineered enveloped oncolytic virus for systemic delivery to metastatic sites, aiming to enhance the effectiveness of virotherapy [6]. - The lead candidate from the Redtail platform is currently in IND-enabling studies, targeting non-small cell lung cancer, ovarian cancer, and other high unmet medical need tumor types [7].
Wrap Technologies Introduces WrapTactics™: Digital Training Platform Driving BolaWrap® Adoption and Shifting Policing Toward Pre-Escalation Training
Globenewswire· 2025-08-20 13:15
Core Insights - Wrap Technologies, Inc. has launched WrapTactics™, a subscription-based digital learning platform aimed at enhancing officer training and retention of critical skills in policing [1][4][6] - The platform addresses the rapid degradation of police skills due to insufficient training reinforcement, with core defensive tactics deteriorating within two weeks [2][3] - WrapTactics™ is positioned as a growth opportunity for the company, potentially expanding its market into the multi-billion-dollar global training sector [4][6] Product Features - WrapTactics™ offers short-form, high-impact coursework and scenario-based applications to improve skill retention and application under pressure [3][4] - The initial curriculum includes essential skills that could lead to state-certified training content in pre-escalation policing [4] - The platform is available as a standalone product and as part of bundled subscription offerings, enhancing the integration of training and operational support [5] Strategic Positioning - The launch of WrapTactics™ aligns with Wrap's mission to improve public safety outcomes and reduce harm through scalable, technology-enabled training [6] - By leveraging human performance science, Wrap aims to transform modern policing practices and address fundamental training gaps [6] - The company’s BolaWrap 150 solution complements WrapTactics™ by providing a non-lethal option for law enforcement, enhancing officer readiness during critical incidents [7][8]
Longeveron® to Present at the H.C. Wainwright 27th Annual Global Investment Conference
Globenewswire· 2025-08-20 13:15
Company Overview - Longeveron Inc. is a clinical stage biotechnology company focused on developing regenerative medicines to address unmet medical needs [2] - The company's lead investigational product is laromestrocel (Lomecel-B™), an allogeneic mesenchymal stem cell therapy derived from the bone marrow of young, healthy adult donors [2] - Laromestrocel has multiple potential mechanisms of action, including pro-vascular, pro-regenerative, anti-inflammatory, and tissue repair effects, with applications across various disease areas [2] Pipeline and FDA Designations - Longeveron is pursuing four pipeline indications: hypoplastic left heart syndrome (HLHS), Alzheimer's disease, Pediatric Dilated Cardiomyopathy (DCM), and Aging-related Frailty [2] - The HLHS program has received three important FDA designations: Orphan Drug designation, Fast Track designation, and Rare Pediatric Disease designation [2] - The Alzheimer's disease program has received two FDA designations: Regenerative Medicine Advanced Therapy (RMAT) designation and Fast Track designation [2] Upcoming Events - Longeveron will participate in the H.C. Wainwright 27th Annual Global Investment Conference from September 8-10, 2025, in New York City [1] - The company's presentation is scheduled for September 8, 2025, from 4:00 to 4:30 p.m. ET, with a webcast available on the company's website [1]
ROCKWOOL adjusts outlook related to revenue and earnings for full-year 2025
Globenewswire· 2025-08-20 13:14
Core Viewpoint - ROCKWOOL A/S has adjusted its revenue and earnings outlook for the full year 2025 due to a challenging market environment, particularly in North America [2][3]. Group 1: Revenue Outlook - The company expects full-year revenue to be at the same level as last year in local currencies, a change from the previous expectation of low single-digit revenue growth [2][5]. - Revenue for H1 2025 reached 1,947 MEUR, reflecting a one percent increase in both local currencies and reported figures compared to the previous year, with acquisitions in 2024 contributing a two-percentage point positive impact [5]. - Revenue for Q2 2025 was 988 MEUR, showing a two percent decrease in both local currencies and reported figures compared to last year, despite a two-percentage point positive impact from 2024 acquisitions [5]. Group 2: Earnings Outlook - The EBIT margin is now forecasted to be below 16 percent, revised from the previous outlook of around 16 percent [3][5]. - EBIT for H1 2025 decreased by 10 percent to 307 MEUR, with an EBIT margin of 15.8 percent, down 1.9 percentage points compared to H1 2024 [5]. - EBIT for Q2 2025 decreased by 19 percent to 153 MEUR, with an EBIT margin of 15.5 percent, down 3.2 percentage points compared to Q2 2024 [5]. Group 3: Investment Level - The investment level, excluding acquisitions, is maintained at around 450 MEUR [3].
Stallion Uranium Completes First Tranche of Non-Brokered Private Placement and Announces Upsizing
Globenewswire· 2025-08-20 13:13
Core Viewpoint - Stallion Uranium Corp. has successfully closed the first tranche of a non-brokered private placement, raising a total of approximately $4.5 million through the issuance of units and flow-through units [1][6]. Group 1: Offering Details - The first tranche included 21,239,800 NFT Units at $0.20 each, generating gross proceeds of $4,247,960, and 1,315,000 FT Units at $0.20 each, generating gross proceeds of $263,000 [1][6]. - Each FT Unit consists of one flow-through common share and one FT Warrant, allowing the purchase of an additional FT Share at $0.26 for 60 months [2]. - Each NFT Unit consists of one non-flow-through common share and one NFT Warrant, allowing the purchase of an additional NFT Share at $0.26 for 60 months [3]. Group 2: Use of Proceeds - Gross proceeds from FT Units will be allocated to exploration expenditures on resource claims in Saskatchewan, qualifying as "Canadian exploration expenses" [8]. - Net proceeds from NFT Units will be used for exploration and development activities in the Athabasca Basin, as well as for working capital and general corporate purposes [8]. Group 3: Upsizing and Future Plans - The Offering has been upsized from a target of $12 million to $15 million due to market demand, with a second closing anticipated by August 30, 2025 [6][7]. - The upsized Offering will consist of up to 75,000,000 combined FT and NFT Units for total gross proceeds of up to $15 million [7]. Group 4: Regulatory and Compliance - Closing of the Offering is contingent upon receiving necessary corporate and regulatory approvals, including from the TSX Venture Exchange [9]. - The anticipated purchase by Mr. Matthew Mason of 15,000,000 FT Units may create a new Control Person, requiring disinterested shareholder approval [9]. Group 5: Finder's Fees and Advisory Services - The Company issued 668,003 Finder's Warrants to eligible finders and paid cash finder's fees totaling $173,976.67 [5]. - An Advisory Agreement has been established with Canaccord Genuity Corp., with a work fee of $150,000 payable in units matching the NFT Units [10].
Maris-Tech Enters into U.S. Product Supply Agreement with One Stop Systems to Expand U.S. Defense Sector Presence
Globenewswire· 2025-08-20 13:10
Core Insights - Maris-Tech Ltd. has entered into a Product Supply Agreement with One Stop Systems, Inc. to enhance its presence in the U.S. defense market [1][2][3] - The collaboration aims to provide OSS customers with advanced video and AI-based edge computing solutions for defense applications [2][3][4] - This partnership is part of Maris-Tech's broader strategy to expand its international sales network through regional collaborations [3][4] Company Overview - Maris-Tech is a leader in video and AI-based edge computing technology, focusing on intelligent video transmission solutions [5] - The company offers lightweight, low-power products that excel in raw data processing, image processing, and AI-driven analytics [5] - Maris-Tech serves various industries, including defense, aerospace, and homeland security, and is committed to innovation in mission-critical applications [5] Partner Overview - One Stop Systems, Inc. specializes in rugged AI-enabled solutions for edge computing, providing high-performance products for challenging environments [6] - OSS's offerings include ruggedized servers, AI accelerators, and storage solutions designed for mission-critical applications across multiple industries [6] - The collaboration with Maris-Tech allows OSS to enhance its product suite for U.S. defense customers, addressing evolving mission requirements [4][6]
Edible Garden Expands Pickle Party™ Distribution Across Metro New York with Associated and Trade Fair Supermarkets, Adds FoodTown in Newburgh, NY as the Summer of Pickle Party™ Continues
Globenewswire· 2025-08-20 13:10
Core Insights - Edible Garden AG Incorporated is expanding its Pickle Party™ line through new retail placements in New York, enhancing its market presence and aligning with seasonal demand for fresh condiments [1][3] - The Pickle Party™ line is a unique functional pickle product created in collaboration with Hermann Pickle Company, focusing on health benefits and clean-label integrity [2][3] - The company's strategy emphasizes partnerships with respected regional grocers to drive sustainable growth and long-term value [3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing locally grown, organic, and sustainable products through a Zero-Waste Inspired® farming model [4] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, utilizing advanced safety protocols and sustainable packaging [4] - Edible Garden's proprietary GreenThumb software optimizes growing conditions and aims to reduce food miles, while its patented Self-Watering display enhances product shelf life [5] Product Offerings - The company offers a range of nutrition and specialty food products, including plant and whey protein powders, and a line of fresh condiments like Pulp sauces and Pickle Party products [6] - Pickle Party™ products are raw, refrigerated, fermented, Kosher, and Non-GMO, designed to support digestive health with bold flavors [2][6]