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24/7 Market News: VENU Lauches National Ad Campaign to Ignite America's Next Entertainment Boom
Globenewswire· 2025-10-24 12:57
Core Insights - VENU is positioning itself as a leader in the entertainment sector by offering fractional ownership in modern amphitheaters, which is gaining institutional interest and recognition [1][5][15] Marketing and Sales Strategy - A nationwide advertising campaign launched on October 15, 2025, will run through November 15, 2025, promoting VENU's Luxe FireSuites fractional ownership program [2] - Luxe FireSuites, designed for four to ten guests, combine luxury with investment value, featuring VIP entry, premium parking, and in-suite service [3] - FireSuite sales reached $23 million in just 60 days, marking a 250% year-over-year growth, with significant inventory already sold across various locations [4] Financial Performance and Growth - VENU's anticipated 11% cap rate from FireSuites is central to its expansion model, with a $5 billion development pipeline and $1.3 billion currently under construction [4][5] - The company reported a 36% increase in assets to $242 million and a 45% increase in property and equipment to $199.2 million in Q2 2025 [12] - Institutional investors, including Vanguard Group, have accumulated shares, indicating growing confidence in VENU's business model [5][9] Economic Impact and Future Projections - Independent research estimates that VENU's projects will generate $17.7 billion in economic activity and create nearly 4,700 jobs over the next 20 years [10] - The company aims to develop 40 venues by 2030, targeting a combined capacity of 350,000 seats and generating up to $2 billion in gross sales annually [10] Technological Innovations - VENU plans to launch a blockchain-based ticketing and membership platform in early 2026, targeting the $250 billion real-world asset tokenization market [11] Partnerships and Strategic Alliances - VENU's growth is supported by partnerships with notable companies in entertainment and development, allowing for a sustainable, asset-backed model [13]
CLARIFICATION ANNOUNCEMENT
Globenewswire· 2025-10-24 12:55
KUALA LUMPUR, Oct. 24, 2025 (GLOBE NEWSWIRE) -- CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of the Banle Group (“Banle” or “the Group”), a leading marine fuel logistics company in the Asia-Pacific region, is issuing this announcement in response to recent fluctuations in the Company's share price and trading volume. The Company is not aware of any material, undisclosed information that would account for this market activity. All operations of the Company are runnin ...
First Characterization of a TDP-43 PET Tracer Published in Nature Communications Showing Potential of AC Immune’s ACI-19626 in Precision Medicine
Globenewswire· 2025-10-24 12:50
First Characterization of a TDP-43 PET Tracer Published in Nature Communications Showing Potential of AC Immune’s ACI-19626 in Precision Medicine Aggregated TDP-43 is a pathological hallmark of neurodegenerative diseases including ALS, FTD and LATE, and a co-pathology in Alzheimer’s and Parkinson’s diseasesPET imaging of aggregated TDP-43 could facilitate precision medicine in these diseases, whose shared clinical features complicate differential diagnosis, potentially delaying therapyBased on specificity, ...
Allied Gold Closes C$175 Million Overnight Marketed Equity Offering
Globenewswire· 2025-10-24 12:49
TORONTO, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Allied Gold Corporation (TSX: AAUC, NYSE: AAUC) (“Allied” or the “Company”) is pleased to announce that it has closed its previously announced overnight marketed public offering of common shares (the “Offering”). Pursuant to the Offering, the Company issued 6,400,000 common shares in the capital of the Company (the “Shares”) at a price of C$27.35 per Share for aggregate gross proceeds of C$175,040,000. The Offering was completed through Stifel Nicolaus Canada Inc., ...
Holley Performance Brands to Release Third Quarter 2025 Results on November 7, 2025
Globenewswire· 2025-10-24 12:35
Core Insights - Holley Performance Brands will release its third quarter 2025 financial results on November 7, 2025, before the market opens [1][2] - A conference call and live webcast will be held on the same day at 8:30 am Eastern Time to discuss the financial results [2][3] Company Overview - Holley Performance Brands is a leader in the design, manufacturing, and marketing of high-performance automotive products [4] - The company manages a portfolio of iconic brands and focuses on four consumer verticals: Domestic Muscle, Modern Truck & Off-Road, Euro & Import, and Safety & Racing [4] - Holley is known for its innovative approach and strategic acquisitions aimed at enhancing the enthusiast experience and driving growth [4]
Journey Medical Corporation Reports Combined Emrosi™ (DFD-29) Phase 3 Clinical Trial Efficacy Data Analysis Presented at the 2025 Fall Clinical Dermatology Conference
Globenewswire· 2025-10-24 12:30
Core Insights - Journey Medical Corporation presented efficacy data for DFD-29 (Emrosi) at the 2025 Fall Clinical Dermatology Conference, demonstrating its superiority over both placebo and Oracea in treating inflammatory lesions of rosacea [1][2][3] Company Overview - Journey Medical Corporation is a commercial-stage pharmaceutical company focused on marketing FDA-approved prescription products for dermatological conditions, currently marketing eight branded drugs [11] Clinical Trial Results - In the Phase 3 trials, 62.7% of subjects treated with DFD-29 achieved IGA treatment success, compared to 39.0% for Oracea and 28.2% for placebo, with all comparisons showing statistical significance (p<0.001) [3][4][6] - The mean reduction in inflammatory lesions for DFD-29 was 19.2, compared to 14.8 for Oracea and 11.3 for placebo, also statistically significant (p<0.001) [3][4][6] Market Position - The results from the Phase 3 trials reinforce Emrosi's efficacy and safety profile, positioning it as a significant treatment option in the growing dermatology market [2][6] - The company aims to expand Emrosi's reach, believing it has the potential to become the standard of care for rosacea [2]
rYojbaba Expands Partnership with China Zhongqing International Holdings to Implement Free Labor Union Program for Japan’s Technical Intern Training and Specified Skilled Worker Programs
Globenewswire· 2025-10-24 12:30
Core Insights - rYojbaba Co., Ltd. has announced a strategic partnership with China Zhongqing International Holdings to implement the Free Labor Union Program aimed at improving labor conditions for foreign workers in Japan [1][3][4] - The partnership seeks to address systemic issues within Japan's Technical Intern Training and Specified Skilled Worker programs, which have faced criticism for human rights violations and poor working conditions [2][3][4] - The initiative is positioned as a social-impact model that aligns with nationwide ESG goals, aiming to provide comprehensive support to foreign workers throughout their employment journey [6] Company Overview - rYojbaba operates in labor consulting and health services, focusing on bridging gaps in Japan's labor culture and providing strategic consulting for companies and labor unions [7][8] - The company runs 28 osteopathic clinics and 2 beauty salons, offering services based on judo theory, a form of osteopathic medicine [8] Partnership Details - The partnership with Zhongqing International, an affiliate of Poly Group, will oversee the deployment of foreign workers while rYojbaba will manage their welfare and protection [3][4] - The Free Labor Union Program will ensure that foreign workers are enrolled before arriving in Japan, covering employment contracts, housing conditions, and providing accessible consultation channels [4][5] Future Plans - rYojbaba aims to expand the Free Labor Union Program beyond Japan into other international markets facing similar labor issues, leveraging its consulting expertise to create potential future opportunities [5][6]
FangDD Announces US$34,320,000 Convertible Note Issuance in Connection with Asset Acquisition and Proposed Issuance of Class C Ordinary Shares
Globenewswire· 2025-10-24 12:30
Core Viewpoint - Fangdd Network Group Ltd. has announced a convertible note purchase agreement to issue a convertible promissory note worth US$34,320,000 to an investor through private placement [1][2]. Group 1: Convertible Note Details - The convertible promissory note will mature in 364 days and will not bear interest [3]. - The note can be converted into Class A ordinary shares at a conversion price of US$1.0409, either at the option of the note holder or automatically on the maturity date [3]. - The note will be an unsecured general obligation of the company [3]. Group 2: Asset Purchase Agreement - The issuance of the note is to satisfy payment obligations under an asset purchase agreement dated September 29, 2025 [2]. - Detailed information regarding the asset purchase agreement is available in the company's current report on Form 6-K filed with the SEC [2]. Group 3: Share Subscription Agreement - To maintain a stable corporate structure post-conversion, the company has entered into a share subscription agreement with ZX INTERNATIONAL LTD, controlled by the chairman and CEO [4]. - The company may sell and issue up to 12,731 Class C ordinary shares to ZX INTERNATIONAL LTD upon receiving a conversion notice from the note holder [4]. - The purchase price for the Class C shares will be based on the average closing price of Class A ordinary shares for the 15 trading days prior to the closing notice date [4]. Group 4: Regulatory Compliance - The sale and issuance of the note and the Class A ordinary shares upon conversion are exempt from registration under the Securities Act of 1933, relying on Section 4(2) and compliance with Regulation D and/or Regulation S [5]. Group 5: Company Overview - Fangdd Network Group Ltd. is a property technology company in China, focusing on real estate transaction digitalization services [6]. - The company utilizes mobile internet, cloud, big data, and artificial intelligence to revolutionize real estate transactions through a suite of SaaS tools and solutions [6].
Aprea Therapeutics Provides Clinical Update from ACESOT-1051 Trial Showing Early Signals of Activity for WEE1 Kinase Inhibitor APR-1051
Globenewswire· 2025-10-24 12:30
Core Insights - Aprea Therapeutics, Inc. has provided an update on the Phase 1 ACESOT-1051 study, showing promising results for its WEE1 inhibitor, APR-1051, in patients with advanced solid tumors [1][2][5] Study Results - At the 100 mg dose level of APR-1051, 3 out of 4 patients achieved stable disease according to RECIST v1.1 criteria [1][5][6] - Disease stabilization was observed in patients with tumors harboring mutations relevant to WEE1 kinase inhibition, specifically FBXW7, CCNE1, KRAS, and TP53 [5][6][11] - The trial is currently progressing to a higher dose level of 150 mg following successful results from the 100 mg cohort [5][6] Presentation and Data - Preliminary results from the ACESOT-1051 trial will be presented at the AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics [2][5] - The poster presentation will summarize updated data with a cutoff date of September 17, 2025 [2] Company Overview - Aprea Therapeutics focuses on developing innovative cancer therapies that target specific vulnerabilities in cancer cells while minimizing damage to healthy cells [7] - The company's clinical programs include APR-1051, an oral small-molecule inhibitor of WEE1 kinase, and ATRN-119, a macrocyclic small molecule ATR inhibitor [7]
Snail Games Highlights Portfolio Momentum Following Rebel Engine's Strong Steam Next Fest Performance
Globenewswire· 2025-10-24 12:30
Core Insights - Snail Games' upcoming title, Rebel Engine, has seen a remarkable increase in daily Steam wishlists, surging over 72 times compared to the pre-festival period, contributing to a 46% overall increase in total wishlists ahead of its launch on November 6, 2025 [2][3] - The game features a collaboration with Hakos Baelz, a prominent member of hololive English, which has helped attract a new audience, evidenced by the release of a music video that is gaining traction globally [2][3] - Snail Games showcased Rebel Engine at TwitchCon, enhancing visibility alongside other titles and leveraging partnerships with influencers to strengthen audience engagement [3] Franchise Performance - The ARK franchise continues to perform well, with a recent update for ARK: Ultimate Survivor Edition that includes backward compatibility and enhanced support for the Nintendo Switch 2, which is projected to have 25 million units produced by March 2026 [4] - This update aims to provide a seamless gaming experience across current and next-generation hardware, reinforcing the franchise's accessibility [4] Indie Publishing Growth - Snail's indie publishing arm, Wandering Wizard, is gaining recognition with the management simulator Above the Snow, which has won a NYX Award and is nominated for Best Narrative at the 2026 Indie Game Awards [5] - The studio is set to present Above the Snow at the Poznań Game Arena, further expanding its reach and establishing strategic partnerships that align with the game's theme [5] Overall Strategy - Snail Games is capturing increasing attention from players, creators, and critics through its diverse publishing portfolio, cross-collaborations, and global showcases, reflecting a deliberate approach to growth and long-term engagement in the interactive entertainment sector [6]