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Diginex and SGS Reaffirm Strategic Alliance to Advance Sustainable Finance Solutions
Globenewswire· 2025-08-27 12:30
Core Viewpoint - Diginex Limited and SGS have reaffirmed their strategic alliance to enhance sustainable finance solutions, focusing on ESG requirements and innovative technology-driven services [1][2][3]. Group 1: Strategic Alliance Details - The renewed alliance builds on the initial agreement from 2022, which provided ESG data assurance services, and aims to address the increasing demand for transparent and scalable sustainable finance frameworks [2][3]. - The collaboration combines Diginex's ESG data management platforms with SGS's expertise in assurance, verification, and certification, enhancing tools and services for financial institutions and corporations [2][3]. Group 2: Key Highlights - The alliance aims to support clients in navigating sustainable finance complexities, enhancing the credibility of sustainability reporting, and accelerating efforts towards global climate and social objectives [3]. - Diginex's blockchain-enabled technology and SGS's assurance methodologies will provide transparency and reliability in ESG data, facilitating better decision-making for sustainable investments [6]. Group 3: Solutions and Services - The strategic alliance will develop tailored tools for financial institutions to integrate ESG metrics into their strategies, ensuring compliance with frameworks like the EU Taxonomy and SFDR [6]. - The collaboration will prioritize solutions that assist organizations in achieving net-zero targets, including carbon footprint assessments and sustainability reporting [6]. Group 4: Company Background - Diginex Limited is a sustainable RegTech business that utilizes blockchain, AI, and data analysis to enhance transparency in corporate regulatory reporting and sustainable finance [4]. - The diginexESG platform supports 19 global frameworks, providing end-to-end support for sustainability data management and reporting [5]. Group 5: SGS Overview - SGS is the world's leading testing, inspection, and certification company, operating over 2,500 laboratories across 115 countries, with a commitment to quality and sustainability [8].
Holley Performance Brands Accelerates Debt Reduction and on Track to Reach Lowest Leverage in Over Three Years
Globenewswire· 2025-08-27 12:30
Core Insights - Holley Performance Brands has proactively reduced its debt by an additional $15 million, totaling $90 million in debt repayment since September 2023, demonstrating its commitment to strengthening its balance sheet and enhancing financial flexibility [1][2] - The recent debt paydown was executed through opportunistic repurchases of its first lien term loan facility at a discount, funded entirely with free cash flow, which is expected to generate up to $3.7 million in annualized net interest savings [2] Financial Performance - The company has experienced strong free cash flow generation, which has contributed to its ability to reduce debt and strengthen its balance sheet [2] - Holley expects to achieve a leverage ratio at or below 4.0x by year-end, marking its lowest level in over three years [2] Strategic Focus - Holley Performance Brands is recognized for its operational excellence and disciplined execution across teams, which has fueled core business growth for two consecutive quarters [2] - The company is committed to enhancing the enthusiast experience and driving growth through innovation, focusing on four consumer vertical groupings: Domestic Muscle, Modern Truck & Off-Road, Euro & Import, and Safety & Racing [4]
Golden Triangle Ventures Finalizes Governance Transition and Appoints Javier Leal as CEO
Globenewswire· 2025-08-27 12:30
Core Viewpoint - Golden Triangle Ventures, Inc. has completed its governance transition and appointed Javier Leal as CEO, aiming for unified leadership and a clear growth strategy [1][6] Company Structure and Strategy - The company is restructuring into three divisions: Construction & Development, Consumer Beverages & Wellness, and Manufacturing & Distribution, each targeting multi-billion-dollar industries for immediate revenue and long-term value [2] Division Summaries Construction & Development - The U.S. construction market exceeded $2.1 trillion in 2024, driven by technology infrastructure, renewable energy, and industrial expansion. This division aims to deliver projects that provide immediate contract revenue and long-term strategic value [3] Consumer Beverages & Wellness - The global functional beverage market is expected to surpass $200 billion by 2030. The division is launching consumer-first brands, starting with the relaunch of Go Fast Energy, to capture market attention and loyalty [4] Manufacturing & Distribution - The U.S. contract manufacturing market for food and beverages is projected to reach $186 billion by 2031. This division will support the company's portfolio and external clients, focusing on cost reduction and capacity expansion [5] Leadership and Operational Focus - Javier Leal emphasized the importance of the three-division strategy for strengthening operations and delivering market-driven products, while also focusing on balance sheet improvement and operational streamlining [6][8] Capital Structure - The company has confirmed that its noteholder will halt conversions, reducing immediate dilution pressure and allowing management to concentrate on operational growth with a stronger balance sheet [7]
Snail, Inc. to Present at the 2025 Gateway Conference on September 3, 2025 at 12:30 p.m. Pacific Time
Globenewswire· 2025-08-27 12:30
CULVER CITY, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, is confirmed to present at the 2025 Annual Gateway Conference, which is being held September 3-4 at the Four Seasons Hotel in San Francisco, CA. Snail Games' management team is scheduled to present on Wednesday, September 3rd at 12:30 p.m. Pacific Time (PT). The presentation will be webcast live and avai ...
PureCycle Receives Association of Plastic Recyclers’ PCR Certification
Globenewswire· 2025-08-27 12:30
Core Viewpoint - PureCycle Technologies, Inc. has achieved the APR Post-Consumer Resin Certification for its PureFive™ resin, validating its production from post-consumer sources, which is crucial for enhancing the circular economy and reducing plastic waste [1][3][4] Company Overview - PureCycle Technologies specializes in recycling polypropylene plastic waste using a patented dissolution process developed by Procter & Gamble, transforming it into PureFive™ resin, which can be recycled multiple times [5] Product Details - The HPP15-100 grade of PureFive™ resin is produced at the Ironton Facility and serves as the base recycled content for all of PureCycle's compounded resin grades, appealing to customers seeking a one-pellet solution for applications with historical challenges in integrating recycled content [2][3] Industry Impact - The APR PCR Certification provides third-party validation that supports a reliable market for post-consumer resin, which is essential for the success of recycling initiatives and the circular economy [3][4] - The certification is expected to meet the increasing demand from customers for verified recycled content, aiding in the commercialization of PureCycle's products [3] Association of Plastic Recyclers (APR) - APR is an international non-profit organization focused on improving plastic recycling, providing tools and resources to enhance packaging design and support innovations in recycling [4][6]
Independent Testing Confirms Enovix AI-1™ Battery as Industry’s Highest Energy Density Smartphone Battery
Globenewswire· 2025-08-27 12:30
Core Insights - Enovix Corporation has announced that its AI-1 smartphone battery has been confirmed as the highest energy density cell ever reported for a smartphone, according to Polaris Battery Labs [1][2] - The AI-1 platform combines advanced materials and automated manufacturing to achieve significant improvements in energy density and charging speed, targeting high-volume consumer applications [2] - The AI-1 smartphone battery has an average volumetric energy density of approximately 919 Wh/L, which is among the highest for smartphone batteries, and supports fast charging at 3C rates [6] Company Overview - Enovix is a leader in lithium-ion battery technology, focusing on silicon-anode batteries designed for various applications, including consumer electronics and electric vehicles [3] - The company is headquartered in Silicon Valley and has facilities in India, South Korea, and Malaysia [4] - Enovix holds a strong portfolio of patents related to its battery design and manufacturing processes [3] Market Position - With the AI-1 battery, Enovix is positioned to capture a share of the multi-billion-dollar smartphone battery market, offering higher energy density, faster charging, and improved cycle life [2] - The advancements in battery technology enable longer-lasting devices and support the next generation of AI-powered consumer experiences [2]
Orion to Present at Singular Research’s Emerging Growth & Value Alpha Leaders Conference
Globenewswire· 2025-08-27 12:29
Core Points - Orion Energy Systems, Inc. will participate in Singular Research's Emerging Growth & Value Alpha Leaders Conference on September 10, 2025 [1][2] - CEO Sally Washlow will present the company and hold one-on-one investor meetings during the event [2] Company Overview - Orion specializes in energy efficiency and clean tech solutions, including LED lighting, EV charging solutions, and maintenance services [3] - The company focuses on turnkey design-through-installation solutions for large national customers and projects through ESCO and distribution partners [3] - Orion is committed to helping customers achieve business and environmental goals while reducing carbon footprints and enhancing performance [3][4]
SOUEAST Drives into Fashion: Exclusive Auto Sponsor of Dubai Fashion Week 2025-2026
Globenewswire· 2025-08-27 12:25
DUBAI, United Arab Emirates, Aug. 27, 2025 (GLOBE NEWSWIRE) -- SOUEAST has officially announced a significant partnership as the exclusive automotive partner of Dubai Fashion Week 2025-2026, with its debut appearance at the Spring/Summer Show this September. This marks Dubai Fashion Week’s first-ever collaboration with a Chinese automotive brand, positioning SOUEAST as the second automotive partner in the event’s history, following Maserati. (Official Automobile Partner of Dubai Fashion Week: SOUEAST) Rank ...
Critical One Closes CDN$3 Million Private Placement
Globenewswire· 2025-08-27 12:25
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that, further to the press release issued on August 18, 2025, the Company has closed its oversubscribed, non-brokered financing and issued 5,001,999 units (the “Units”) at a price of CDN$0.60 per Unit for aggregate gross proceeds of ...
C3is Inc. announces the date for the release of the second quarter and six months 2025 financial and operating results
Globenewswire· 2025-08-27 12:20
Company Announcement - C3is Inc. will release its second quarter financial results for the period ended June 30, 2025, before the market opens in New York on September 2, 2025 [1] - A conference call will be hosted by the company's management on September 2, 2025, at 10:00 am ET to present the results and discuss the company's operations and outlook [1] Webcast Information - There will be a live and archived webcast of the conference call available on the C3is Inc. website [2] - Participants are advised to register approximately 10 minutes prior to the start of the webcast, which will be in listen-only mode [2] Company Overview - C3is Inc. is a ship-owning company that provides seaborne transportation services to dry bulk and tanker charterers, including major national and private industrial users, commodity producers, and traders [3] - As of the end of Q2 2025, the company owned three Handysize dry bulk carriers and one Aframax oil tanker, with a total capacity of 213,464 deadweight tons (dwt) [3] - C3is Inc.'s shares are listed on the Nasdaq Capital Market under the symbol "CISS" [3]