Workflow
Clearmind Medicine's MEAI Spotlighted in Prestigious Review: Leading Experts Affirm Transformative Potential for Alcohol Use Disorder Treatment
Globenewswire· 2025-12-12 13:32
Core Insights - Clearmind Medicine Inc. has published a review article validating the therapeutic potential of its candidate MEAI in treating alcohol use disorder (AUD) [1][2] - The review highlights MEAI's advantages over classical psychedelics, including a milder subjective experience and lower abuse potential [2] Company Overview - Clearmind is a clinical-stage biotech company focused on developing novel neuroplastogen-derived therapeutics for under-treated health issues, particularly AUD [4] - The company holds an intellectual property portfolio consisting of 19 patent families and 31 granted patents, with plans to seek additional patents [5] Therapeutic Effects of MEAI - Recreational users typically take MEAI in doses of 1 to 2 mg/kg, reporting positive effects such as reduced desire to consume alcohol within 4 hours [6] - MEAI's receptor interaction profile suggests it may stimulate serotonin release while having a lower risk of abuse compared to other substances like MDMA [6] Adverse Effects - Users of MEAI have not reported serious adverse events, and it is expected to have milder toxicity compared to MDMA due to its receptor interactions [6]
iOThree Limited Chairman and CEO Letter to Shareholders
Globenewswire· 2025-12-12 13:30
Core Insights - 2025 was a pivotal year for the company, marking its first year as a Nasdaq-listed entity and demonstrating the strength of its business model and team resilience [1] Financial Performance - For the financial year ending March 31, 2025, revenue increased by 22.3% to US$10.5 million, driven by sales momentum and disciplined execution [2] - Gross profit rose to US$1.9 million, supported by steady project delivery and recurring revenues from software and solutions [2] - For the half-year ending September 30, 2025, revenue continued to grow, increasing by 39.6% to US$7.3 million, indicating the underlying health and scalability of the business [2] Strategic Developments - The company achieved ISO 9001 and ISO 14001 certifications, validating its commitment to quality and environmental responsibility [3] - Relocation to a larger, purpose-built headquarters improved team integration, workflow efficiency, and future growth capacity [3] Innovation and Technology - Three proprietary digital solutions received classification approval from a leading international classification society, enhancing the company's competitive position [4] - The F.R.I.D.A.Y. Planned Maintenance System (PMS) was highlighted for its role in improving operational efficiency and supporting carbon reporting [4] Market Outlook - The maritime connectivity and digital solutions market is projected to grow at a compounded annual rate of 5.6% through 2028, driven by digitalization, increasing vessel numbers, and demand for automation [6] - Asia Pacific is identified as a key growth area, with strong demand and digitalization momentum in countries like Taiwan, Singapore, Japan, and Korea [7] Future Strategy - The company aims to deepen technology capabilities, scale its global footprint, pursue M&A opportunities, and deliver sustainable growth [8] - Planned use of IPO proceeds includes accelerating product innovation, obtaining further classification approvals, and enhancing marketing visibility [8] Conclusion - The company expresses confidence in its trajectory moving into 2026, supported by a resilient business model, a committed team, and a strong balance sheet [9]
VisionWave Holdings, Inc. Announces Intention to Launch Up to £500,000 Autonomous Ground Vehicle Program with Evie Autonomous
Globenewswire· 2025-12-12 13:30
Core Insights - VisionWave Holdings, Inc. has entered into a non-binding letter of intent with Evie Autonomous Limited to explore a £500,000 Proof-of-Concept program for integrating autonomous vehicle technology into VisionWave's Unmanned Ground Vehicle platforms [1][3] - The collaboration marks VisionWave's first strategic initiative following its de-SPAC listing on Nasdaq in July 2025, aiming to enhance its multi-domain autonomy strategy and address European demand in 2026 and beyond [4][5] Company Developments - Discussions and technical evaluations between VisionWave and Evie Autonomous began around August 2025, coinciding with VisionWave's expansion of its UGV R&D team in London [2] - The proposed POC program, if agreed upon, is expected to commence in 2026, focusing on advanced navigation, mission execution, and multi-sensor fusion capabilities [3] Strategic Goals - VisionWave is actively pursuing additional acquisitions and integrations, including negotiations to acquire Monte drones and related robotics technologies to complement its RF-perception and autonomy engine [4] - The collaboration with Evie Autonomous aligns with VisionWave's strategy to enhance its capabilities in defense technology and autonomous systems [5]
Alliance Entertainment's Handmade by Robots™ Welcomes Seasoned Sales Executive Brian Maggio to Drive Next Phase of Growth
Globenewswire· 2025-12-12 13:30
Core Insights - Alliance Entertainment Holding Corporation has appointed Brian Maggio as Vice President of Sales for its Handmade by Robots™ brand, aiming to accelerate commercial growth following strong performance since joining the Alliance portfolio last year [1][2][3] Company Overview - Alliance Entertainment is a leading distributor and omnichannel fulfillment partner in the entertainment and pop culture collectibles industry, offering over 340,000 unique SKUs across various categories including music, video, and collectibles [1][5] - The company serves over 35,000 retail and e-commerce storefronts, providing a vast catalog that includes licensed merchandise and exclusive collectibles [5] Brand Development - Handmade by Robots™ is recognized for its unique vinyl figures that resemble knitted and crocheted characters, gaining traction among major retailers and fan communities [2][4] - The brand has established licensing partnerships with iconic entertainment franchises and has a loyal global collector base, positioning it for expanded retail penetration and product innovation [2][3] Leadership and Strategy - Brian Maggio brings extensive experience in sales strategies for licensed products across various channels, which is expected to enhance retail partnerships and support the brand's roadmap of character franchises and new product formats [3][4] - The appointment of Maggio is seen as a strategic move to deepen engagement with licensors and strengthen the brand's market presence [3][4]
CCC Announces $500 Million Share Repurchase Authorization and $300 Million Accelerated Share Repurchase Program
Globenewswire· 2025-12-12 13:30
CHICAGO, Dec. 12, 2025 (GLOBE NEWSWIRE) -- CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCC), a leading SaaS platform provider for the multi-trillion-dollar insurance economy, today announced that its Board of Directors has authorized a new share repurchase program of up to $500 million of the Company’s outstanding common stock. This new authorization follows the $300 million program announced in December 2024, which has been fully utilized. Under this authorization, the Company ...
Meet the New Benchmark in Global Automotive Safety, GEELY OPENS WORLDS LARGEST VEHICLE TESTING CENTRE
Globenewswire· 2025-12-12 13:30
Ningbo, Dec. 12, 2025 (GLOBE NEWSWIRE) -- New Geely Safety Centre sets five new Guinness World Records for size, scope and capability Geely Safety Centre offers fully capability for new tests for the electrified and intelligent vehicle eraCybersecurity, data privacy protection, health, and environmental protection included in Geely’s new concept of Comprehensive SafetyGeely Safety Centre becomes new platform for collaboration with global partners on safety technologies and standards Ningbo— Geely Auto Gro ...
Cerro de Pasco Resources Inc. Announces Execution of Settlement Agreement with Trevali Monitor
Globenewswire· 2025-12-12 13:30
MONTRÉAL, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (“CDPR” or the “Company”) announces that it has entered into a settlement agreement (the “Settlement Agreement”) with FTI Consulting Canada Inc., in its capacity as court-appointed monitor of Trevali Mining Corporation (the “Monitor”), and with Trevali Mining Corporation (“Trevali”), resolving all claims and counterclaims in the arbitration relating to the Share Purchase Agreement for Trevali Peru S.A.C. and the Santander Mine (the “S ...
VCI Global Concludes ELOC to Simplify Capital Structure and Prepare for Multi-Subsidiary Listings
Globenewswire· 2025-12-12 13:30
Enhance Capital Structure Supports Digital Asset Treasury Expansion and Institutional-Grade Growth StrategyKUALA LUMPUR, Malaysia, Dec. 12, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced the conclusion of its Equity Line of Credit (ELOC) facility. This strategic move streamlines the Company's capital structure and positions the Company to concentrate on its highest-priority growth areas, including its Digital Asset Treasury (DaT) initiatives and it ...
NewGen to Exercise Option to Convert Ras Al Khaimah Joint Venture into Joint Development, Projected to Boost Profits from US$67 Million to US$123 Million
Globenewswire· 2025-12-12 13:30
Strategic Move to Unlock Further Value and Accelerate Project Momentum with Planned Fundraising and Upcoming Presale LaunchBANGKOK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- NewGenIVF Group Limited (“NewGen” or the “Company,” NASDAQ: NIVF), a technology-driven company building a diversified ecosystem across fertility technology, digital assets, and real estate development, today announced its intention to exercise an option under its joint venture agreement (“JVA”) with BNW Real Estate Development LLC (“BNW”) to co ...
Norwood Financial Corp Announces Receipt of Regulatory Approvals for Acquisition of PB Bankshares, Inc.
Globenewswire· 2025-12-12 13:15
HONESDALE, Pa., Dec. 12, 2025 (GLOBE NEWSWIRE) -- Norwood Financial Corp (NASDAQ Global Market: NWFL), the holding company for Wayne Bank, announced that it has received final regulatory approvals for its proposed acquisition of PB Bankshares, Inc. (“PB Bankshares”) and its wholly owned subsidiary, Presence Bank. [PB Bankshares previously announced on December 11, 2025, that its shareholders approved its proposed merger with Norwood Financial Corp.] Subject to the satisfaction of customary closing condition ...