Purple Biotech Announces Plan to Implement ADS Ratio Change
Globenewswire· 2026-02-25 21:20
Core Viewpoint - Purple Biotech Ltd. is changing the ratio of its American Depositary Shares (ADSs) to ordinary shares to regain compliance with Nasdaq's minimum bid price requirement, effective March 2, 2026 [1][2]. Group 1: ADS Ratio Change - The ADS Ratio will change from 1 ADS representing 200 ordinary shares to 1 ADS representing 2,000 ordinary shares, effectively a one-for-ten reverse ADS split [1][2]. - Registered holders of certificated ADSs must surrender their ADSs for cancellation to receive new ADSs, while holders of uncertificated ADSs will have their ADSs automatically exchanged [2]. - The new CUSIP number assigned due to the ADS Ratio Change is 74638P307, and the ADSs will continue to trade under the symbol "PPBT" on Nasdaq [2]. Group 2: Impact on Trading - The ADS trading price is expected to increase proportionally as a result of the ADS Ratio Change, enhancing its suitability for trading on Nasdaq [4]. - There is no assurance that the ADS trading price post-change will be equal to or greater than ten times the price before the change [4]. Group 3: Company Overview - Purple Biotech is a clinical-stage oncology company focused on developing therapies to overcome tumor immune evasion and drug resistance [5]. - The lead program, CAPTN-3, involves capped tri-specific antibodies targeting tumors while engaging T cells and NK cells, with candidates IM1240 and IM1305 in various stages of development [5]. - The pipeline includes clinical-stage assets like CM24 and NT219, targeting specific cancer types with promising outcomes in clinical studies [5].
Crescent Capital BDC, Inc. Reports Fourth Quarter 2025 Earnings Results; Declares a First Quarter Base Dividend of $0.42 Per Share
Globenewswire· 2026-02-25 21:20
Core Insights - Crescent Capital BDC, Inc. reported a net investment income of $1.81 per share and a net income of $0.93 per share for the year ended December 31, 2025, with a quarterly net investment income of $0.45 and net income of $0.23 for the quarter ended December 31, 2025 [1][7][9] - The company declared a regular cash dividend of $0.42 per share for the first quarter of 2026, payable on April 15, 2026 [1] Financial Highlights - As of December 31, 2025, total investments at fair value were $1,569.4 million, a decrease from $1,598.9 million as of December 31, 2024 [2][3] - Total assets were reported at $1,622.1 million, down from $1,656.3 million a year earlier [2] - Net asset value (NAV) per share was $19.10, compared to $19.98 as of December 31, 2024 [2][17] - Investment income for the year decreased to $167.3 million from $197.4 million in 2024, primarily due to lower interest income [7][8] - Total expenses for the year were $100.4 million, down from $108.4 million in 2024 [8] Portfolio & Investment Activity - The company invested $306.9 million across 25 new portfolio companies and 41 existing portfolio companies during the year ended December 31, 2025 [5] - For the fourth quarter of 2025, investments totaled $70.8 million across five new portfolio companies [6] - The portfolio consisted of 184 companies as of December 31, 2025, with a significant portion in unitranche first lien investments, accounting for 66.7% of the total fair value [3][4] Liquidity and Capital Resources - As of December 31, 2025, the company had $31.5 million in cash and cash equivalents, along with $242.0 million of undrawn capacity on its credit facilities [11] - The weighted average cost of debt was reported at 5.83%, with a debt to equity ratio of 1.25x [11]
Uniti Group Inc. to Present at the Raymond James 47th Annual Institutional Investors Conference
Globenewswire· 2026-02-25 21:15
Core Viewpoint - Uniti Group Inc. is set to present at the Raymond James 47th Annual Institutional Investors Conference on March 4, 2026, highlighting its strategic initiatives and investor relations [1]. Company Overview - Uniti Group Inc. (NASDAQ: UNIT) is a leading fiber provider in the United States, focused on delivering mission-critical connectivity [3]. - The company serves over a million consumers and businesses, offering a range of fast and reliable communication services through various brands, including Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions [3]. Event Details - The presentation will take place at 9:50 AM EST in Orlando, FL, and will be accessible via a live webcast on Uniti's Investor Relations website [1][2]. - A replay of the webcast will be available for a limited time after the presentation [2].
Root, Inc. Announces 2025 Fourth Quarter and Full Year Results
Globenewswire· 2026-02-25 21:15
Core Insights - Root, Inc. announced its financial results for Q4 and the full year ended December 31, 2025, highlighting its performance and management commentary available on the investor relations website [1] - A conference call and earnings webcast will be held on February 25, 2026, at 5:00 p.m. Eastern Time to discuss the results and provide updates on company operations [2][3] Company Overview - Root, Inc., founded in 2015 and based in Columbus, Ohio, is the parent company of Root Insurance Company, focusing on revolutionizing insurance through data science and technology [4] - The Root app has achieved over 17 million downloads and has collected more than 35 billion miles of driving data to enhance its insurance offerings [4]
Fossil Group, Inc. Announces Date for Fourth Quarter and Full Year 2025 Earnings Release and Conference Call
Globenewswire· 2026-02-25 21:15
Group 1 - Fossil Group, Inc. will report its fourth quarter and full year 2025 financial results on March 11, 2026, after market close [1] - A conference call to discuss the financial results will take place at 5:00 p.m. ET on the same day, accessible via the company's investor relations website [1] - The call will be archived for replay, allowing investors to access the information at a later time [1] Group 2 - Fossil Group, Inc. specializes in lifestyle accessories, including watches, jewelry, handbags, small leather goods, belts, and sunglasses [2] - The company operates a diverse portfolio of both owned and licensed brands, such as Fossil, Michele, Relic, Skagen, Zodiac, Armani Exchange, Diesel, Emporio Armani, Michael Kors, Skechers, and Tory Burch [2] - Fossil Group is committed to design and innovation, supported by an extensive distribution network across various geographies, categories, and channels [2]
FTAI Aviation Ltd. Reports Fourth Quarter and Full Year 2025 Results, Increases Dividend to $0.40 per Ordinary Share
Globenewswire· 2026-02-25 21:15
NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) (the “Company” or “FTAI”) today reported financial results for the fourth quarter and full year 2025. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per share data) Selected Financial Results Q4’25 Net Income Attributable to Shareholders $ 111,852 Basic Earnings per Ordinary Share $ 1.09 ...
HCI Reports Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-02-25 21:15
Fourth Quarter Pre-Tax Income of $144 million and Diluted EPS of $7.25Full Year 2025 Pre-Tax Income of $429 million and Diluted EPS of $22.72Gross Loss Ratio of 15.6% for the fourth quarter and 19.6% for the full year 2025 TAMPA, Fla., Feb. 25, 2026 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), reported pre-tax income of $144 million and net income of $108 million in the fourth quarter of 2025 compared with pre-tax income of $6 million and net income of $4 million in the fourth quarter of 2024. Net income ...
Global Net Lease Reports Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-02-25 21:15
– Company Exceeds Full-Year 2025 AFFO Guidance – Reduced Net Debt by $2.2 Billion and Improved Net Debt to Adjusted EBITDA From 7.6x to 6.7x in 2025 – Repurchased 17.2 Million Shares at a Weighted Average Price of $7.88, Totaling $135.9 Million Since Launch of Repurchase Program in February 2025 – Sold McLaren Campus for £250 Million, Approximately £80 Million Above Original Purchase Price – Corporate Credit Rating Upgraded to Investment-Grade – Introduces Initial 2026 Financial Guidance; Focus on Reducing ...
Chemed Reports Fourth-Quarter 2025 Results
Globenewswire· 2026-02-25 21:15
CINCINNATI, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), the nation’s largest providers of end-of-life care, and Roto-Rooter, the nation’s largest commercial and residential plumbing and drain cleaning services provider, reported financial results for its fourth quarter ended December 31, 2025, versus the comparable prior-year period. Results for Quarter Ended December 31, 2025 Consolidated operating results: Revenue was $639 ...
H2O America Announces 2025 Financial Results and Updated Five-Year Plan
Globenewswire· 2026-02-25 21:15
2025 reported diluted EPS were $2.92 versus $2.87 in 2024. On an adjusted (non-GAAP) basis, 2025 diluted EPS of $2.99 came in near the top of our upwardly narrowed $2.95 to $3.001 guidance range, compared to $2.95 in 2024Establish a 2026-30 capital expenditures budget of $2.7 billion, a 31% increase over the prior five-year plan, to fund needed infrastructure replacement, PFAS remediation, additional water supplies, and investments in the Quadvest, L.P. system following the anticipated mid-2026 closeInitiat ...