BNP PARIBAS: BNP PARIBAS SETS ROTE AMBITION AT 13% IN 2028 - CET1 ratio expected at 12.5% by end-2027
Globenewswire· 2025-09-16 05:00
Core Points - BNP Paribas aims for a ROTE of 13% by 2028, with a net income target exceeding €12.2 billion in 2025 and a ROTE of 12% in 2026, concluding the 2022-2026 strategic plan [1][2] - The CET1 ratio is expected to reach 12.5% by the end of 2027, following the implementation of FRTB [2] Group Performance - The Group's diversified and integrated model supports its growth trajectory, with Corporate and Institutional Banking (CIB) serving as a high-value-added platform and growth engine [3] - The new strategic plan for Commercial Banking and Personal Banking Services (CPBS) aims to align profitability with the Group's overall level, contributing an additional +1% to ROTE by 2028, including +0.5% by 2026 [4] Growth Drivers - Investment in Insurance, Asset Management, and Wealth Management is driving strong organic growth, alongside external growth operations such as the AXA IM acquisition [5] - Operational efficiency measures are being implemented across all businesses and functions to enhance performance [5] Strategic Outlook - The next medium-term plan for 2027-2030 will be announced in early 2027, with continued acceleration and progress expected [2][6] - BNP Paribas is well-positioned to support the financing needs of the economy through its diversified and integrated model [6]
ChowChow Cloud Announces Pricing of Initial Public Offering
Globenewswire· 2025-09-16 04:30
HONG KONG, Sept. 16, 2025 (GLOBE NEWSWIRE) -- ChowChow Cloud International Holdings Limited (“ChowChow Cloud” or the “Company”), a technology company providing one-stop cloud solutions in Hong Kong, announced today the pricing of its initial public offering (the “Offering”) of 2,600,000 ordinary shares at a price of US$4.00 per share to the public, for a total of US$10,400,000 of gross proceeds to the Company, before deducting underwriting discounts and other offering expenses. The Company has granted a 45- ...
Faraday Future to Present at the Sidoti Small-Cap Virtual Conference on September 18th, 2025
Globenewswire· 2025-09-16 03:31
Faraday Future to Present at the Sidoti Small-Cap Virtual Conference on September 18th, 2025 Jerry Wang, Global President of Faraday Future, will present in the upcoming Sidoti Small-Cap Virtual Conference, taking place from September 17-18, 2025, and will deliver a Company presentation and participate in an investor Q&A at the event. Jerry Wang, Global President of Faraday Future, will present in the upcoming Sidoti Small-Cap Virtual Conference, taking place from September 17-18, 2025, and will deliver ...
CGTN: Film on Japan's infamous WWII germ warfare unit to debut on September 18
Globenewswire· 2025-09-16 02:50
Core Viewpoint - The article discusses the upcoming premiere of the Chinese historical drama "731," which addresses the human experiments conducted by Japan's Unit 731 during World War II, emphasizing the resilience of the Chinese people in the face of such atrocities [1][2]. Group 1: Film Overview - "731" is directed by Zhao Linshan and tells the story of Wang Yongzhang, a local vendor, and others who were deceived into participating in health checks that led to brutal medical experiments [2][3]. - The film is set to premiere globally on September 18, 2025, coinciding with the anniversary of the September 18 Incident in 1931, marking the start of Japan's invasion of China [2][6]. Group 2: Historical Context - Unit 731 was a secret biological and chemical warfare research base established in Harbin, China, and was responsible for horrific human experiments, including frostbite testing and vivisection [3]. - Recently declassified documents reveal that Unit 731 conducted continuous human experiments and used pathogen-carrying artillery shells to assess infection rates, indicating a systematic approach to biological warfare [4]. Group 3: Significance and Remembrance - Jin Chengmin, a historical adviser for the film, emphasizes the importance of remembering these atrocities and the unyielding spirit of the Chinese people during this dark period [5]. - The film serves as a reminder to safeguard peace and reflects on the more than 35 million casualties suffered by China during the war, highlighting the universal condemnation of the crimes committed by Japanese troops [5][6].
TTM Technologies, Inc. To Exhibit at the Electronica India 2025 Exhibition in Bengaluru, India
Globenewswire· 2025-09-16 02:30
Core Insights - TTM Technologies, Inc. will exhibit at Electronica India 2025, showcasing advancements in PCB technologies and innovative solutions for the electronics industry [1][2][3] Company Overview - TTM Technologies is a leading global manufacturer of technology solutions, including mission systems, RF components, RF microwave/microelectronic assemblies, and advanced printed circuit boards [4] - The company emphasizes time-to-market, enabling customers to shorten product development cycles [4] Industry Engagement - The participation in Electronica India 2025 highlights the importance of the Indian market and the rapidly advancing electronics industry [3] - TTM aims to collaborate with industry leaders and demonstrate how its technologies can support innovations across various sectors, including data center computing, networking communications, medical, industrial, and aerospace [3]
Chenghe Acquisition III Co. Announces the Pricing of $110 Million Initial Public Offering
Globenewswire· 2025-09-16 01:19
Company Overview - Chenghe Acquisition III Co. is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands, aimed at effecting mergers, share exchanges, asset acquisitions, and similar business combinations with one or more businesses [5] - The company intends to focus its acquisition search on growing companies in Asian markets or global companies with a presence or focus in Asia [5] Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 11,000,000 units at a price of $10.00 per unit, with units expected to be listed on the Nasdaq under the ticker symbol "CHECU" on September 16, 2025 [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable at a price of $11.50 per share 30 days after the completion of the initial business combination [1] - The offering is expected to close on September 17, 2025, subject to customary closing conditions [2] Underwriting and Registration - BTIG, LLC is acting as the sole book-running manager for the offering and has been granted a 45-day option to purchase up to an additional 1,650,000 units to cover over-allotments [2] - A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (SEC) and became effective on September 15, 2025 [3]
Enthusiast Gaming Announces Annual General Meeting Date
Globenewswire· 2025-09-16 01:11
Company Overview - Enthusiast Gaming Holdings Inc. is a leading digital publisher focused on creating tools, platforms, and experiences for gamers [3] - The company owns a portfolio of digital properties, including U.GG, Icy-Veins, TheSimsResource, PocketGamer, Addicting Games, and Fantasy Football Scout, as well as the B2B event series PocketGamer Connects [3] - Revenue is generated through programmatic advertising, subscriptions, and events, with a focus on expanding owned intellectual property and enhancing direct audience engagement [3] Upcoming Events - The annual general meeting of Enthusiast Gaming is scheduled to be held virtually on October 28, 2025 [1] - The Toronto Stock Exchange has granted an extension for the company to hold its annual general meeting by this date [2] - Meeting materials will be available on the company's profile on SEDAR+ and its website around September 26, 2025 [2]
American Rebel Holdings, Inc. (NASDAQ: AREB) Announces Updated Structure of 218 3rd Avenue Transaction Company Reaffirms Commitment to Strategic Property Acquisition and Nashville Expansion
Globenewswire· 2025-09-16 01:00
Core Insights - American Rebel Holdings, Inc. has acquired a 30% ownership interest in 218 LLC, which owns the property at 218 3rd Avenue North, Nashville, Tennessee, to enhance stockholder equity and support long-term strategic goals [1][2][19] - The acquisition is structured through the issuance of 280,000 shares of Series D Convertible Preferred Stock, valued at $2.1 million, which is expected to improve the company's balance sheet and stockholder equity [2][3][7] - The property will serve as the future corporate headquarters and a venue for showcasing the American Rebel brand, enhancing its presence in Nashville [4][17] Transaction Structure - The transaction was initially planned as a direct real estate purchase but has been restructured to acquire 100% of the membership interests in the LLC, preserving the appraised value of $14.1 million [1][19] - This structure allows American Rebel to avoid direct real estate purchase liabilities and leverage equity instruments for funding, minimizing immediate cash dilution [7][19] - The building has historically operated on a cash-flow-positive basis, with the first floor leased to the Black Rabbit restaurant and the upper floors functioning as high-end short-term rental units [5][10] Strategic Importance - The acquisition is viewed as a strategic leap forward, positioning the company to execute its vision of creating a branded headquarters and immersive experiences for guests [4][16] - The property is strategically located near several American Rebel accounts and high-profile venues, reinforcing its importance as a revenue-generating asset and business development hub [17][20] - The company plans to enhance the short-term rental units with American Rebel branding, creating a seamless guest experience that promotes the American Rebel Light Beer [15][16] Financial Impact - The transaction is expected to immediately improve stockholder equity through the issuance of preferred equity tied to a tangible, cash-flow-positive asset [2][7] - The strategic move aligns with Nasdaq listing requirements, aiming to strengthen the company's equity position while maintaining flexibility [2][3] - The company filed a Form 8-K with the SEC to clarify the transaction mechanics, confirming that the building remains the sole asset of the LLC [18][19]
ESH Acquisition Corp. and The Original Fit Factory, Ltd. Announce the Execution of a Business Combination Agreement
Globenewswire· 2025-09-16 00:14
Core Viewpoint - The proposed business combination between ESH Acquisition Corp. and The Original Fit Factory, Ltd. aims to create a public company focused on health and wellness digital platforms, connected devices, and premium fitness studios, with an implied pro-forma equity value of $500 million for The Original Fit Factory [1][3][5]. Transaction Overview - The business combination agreement will result in The Original Fit Factory becoming a wholly-owned subsidiary of TOFF Holdings, which will be renamed "The Original Fit Factory, Inc." [5][6]. - Upon closing, former security holders of The Original Fit Factory will receive newly issued shares of common stock in TOFF Holdings, valued based on the $500 million equity valuation [3][5]. - The transaction is expected to provide necessary financing for The Original Fit Factory's global growth strategy [3]. Company Vision and Strategy - The Original Fit Factory aims to disrupt the online fitness and wearables market globally, leveraging its innovative platform and strategic partnerships, such as with Reebok Fitness [4][10]. - The company has demonstrated strong growth over the past three years, establishing a thriving ecosystem of products and services in technology, fitness, and wellbeing [10]. Approval and Timeline - The boards of directors of both ESH and The Original Fit Factory have unanimously approved the transaction, which is subject to ESH's stockholder approval and other customary closing conditions [6]. - The transaction is anticipated to close by the end of the first quarter of 2026 [6].
Bright Green Corporation Merges with PharmAGRI Capital Partners; Lynn Stockwell Appointed CEO and Chairwoman
Globenewswire· 2025-09-16 00:02
Tesla Robotics to Power Sovereign “Seed to Syringe” Pharmaceutical Infrastructure Fort Lauderdale, FL, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Bright Green Corporation (OTC: BGXX) has announced its merger with PharmAGRI Capital Partners, a federally aligned pharmaceutical infrastructure platform architected to restore U.S. drug manufacturing sovereignty. The transaction consolidates BGXX’s DEA registrations, Board of Pharmacy licensure, audited financials, and Nasdaq history into PharmAGRI under a court-supervis ...