SUNNYVALE, Calif., Aug. 15, 2025 (GLOBE NEWSWIRE) -- News SummaryFortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Ken Xie, Founder, Chairman and Chief Executive Officer, and Christiane Ohlgart, Chief Financial Officer, will participate in a virtual fireside chat hosted by Goldman Sachs on Monday, August 25, 2025 at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time). A live webcast of the conference call will be accessible from ...

As of August 14, 2025, in excess of 57%, or more than 90% of the approximately 63% of outstanding shares of 180 Degree Capital voted, are FOR the proposed Business Combination, and in excess of 50% of the outstanding shares of 180 Degree Capital have been voted FOR all other proposals scheduled to be considered at the August 22, 2025 special shareholder meeting As of August 14, 2025, Mount Logan is in receipt of proxies representing votes in excess of the required thresholds to approve the resolutions that ...

Company to host a conference call on August 19, 2025 to discuss in more detailMCLEAN, Va., Aug. 15, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”), a premier cybersecurity and IT solutions provider, following the release of its second-quarter financial results highlighting a period of strategic integration and debt reduction amid one-time expenses, will be conducting a business update on Tuesday, August 19, 2025 at 5:00PM ET to review additional highlights. The Company’ ...

Core Viewpoint - The merger between Workhorse Group Inc. and Motiv Electric Trucks aims to create a leading North American medium-duty electric truck OEM, enhancing value through a broader portfolio of high-performing commercial EVs at lower unit costs [1][3][4] Company Overview - Workhorse Group Inc. focuses on zero-emission commercial vehicles and operates its manufacturing in Union City, Indiana [16] - Motiv Electric Trucks specializes in medium-duty, zero-emission electric trucks and buses, producing a variety of vehicles that meet stringent emissions standards [18][19] Merger Details - The merger is an all-stock transaction valuing the combined company at approximately $105 million, with Motiv's controlling investor becoming the majority owner [2][7] - Workhorse has completed a $20 million sale leaseback of its Union City plant and a $5 million convertible note financing in connection with the merger [1][8] Market Position - The combined company will operate in the $23 billion medium-duty truck segment, offering a full range of Class 4-6 trucks [3] - The merger is expected to enhance operational efficiencies and lower total cost of ownership (TCO) for customers [3][5] Financial Implications - The merger is anticipated to strengthen the financial profile of the combined company through improved operational scale and a simplified capital structure [4][6] - The companies expect to achieve at least $20 million in cost synergies by the end of 2026 through reductions in R&D, G&A, and facility costs [9] Leadership Structure - Following the merger, Scott Griffith, CEO of Motiv, will lead the combined company, while Rick Dauch, CEO of Workhorse, will serve as an advisor [4][5] Strategic Benefits - The merger is positioned to create a scalable manufacturing platform and a diverse product portfolio, enhancing the ability to serve a blue-chip customer base [3][9] - The combined company aims to leverage existing relationships with major medium-duty fleets to drive large-scale adoption of electric trucks [9]

Travis Pastrana x Mercury Racing Travis Pastrana goes full throttle at Lake X test driving Mercury Racing's new 300 R and 300 ROS models. FOND DU LAC, Wis., Aug. 15, 2025 (GLOBE NEWSWIRE) -- Mercury Racing, renowned for engineering high-performance marine engines, is thrilled to announce a dynamic new partnership with legendary motorsports superstar Travis Pastrana. Together, the two icons of adrenaline-fueled performance joined forces in a celebration of innovation, precision and sheer speed. Travis ...

AUSTIN, Texas, Aug. 15, 2025 (GLOBE NEWSWIRE) -- -- Astrotech Corporation (“Astrotech” or the “Company”) (NASDAQ: ASTC) announced today that it has introduced its new EN-SCAN product line (“EN-SCAN”) of ultra-portable rugged environmental testing instruments, featuring its proprietary ATi Gas Chromatograph Column (“GC”) and ATi Mass Spectrometer Technology™ (“MS”) through its wholly owned subsidiary, EN-SCAN, Inc. By deploying EN-SCAN devices from Astrotech, customers gain access to real-time results and on ...

SHENYANG, China, Aug. 15, 2025 (GLOBE NEWSWIRE) -- On August 12, 2025, the 11th Shenyang Peace Cup International Juvenile Football Tournament, jointly hosted by the Shenyang Municipal People's Government and the Liaoning Provincial Bureau of Sports, kicked off at the Shenyang Peace Cup Football Park. The opening ceremony, themed "The Power of 11", drew inspiration from the 11th edition, the No.11 jersey, and the 11-player team. A Media Snippet accompanying this announcement is available by clicking on this ...

Core Points - USBC, Inc. has changed its name from Know Labs, Inc. and will trade under the new ticker symbol "USBC" effective August 15, 2025 [1][2] - The name and ticker change follows the successful closing of a $125 million strategic acquisition by Goldeneye 1995 LLC, an affiliate of the new Chairman and CEO, Greg Kidd [2] - The company focuses on developing the USBC deposit token, a U.S.-dollar denominated tokenized deposit that utilizes blockchain technology [4] Company Overview - USBC, Inc. is a publicly traded multi-disciplinary technology company that develops financial services, including digital assets and banking solutions, as well as health monitoring research [3] - Under the leadership of Greg Kidd, the company aims to create long-term shareholder value by focusing on identity, inclusion, innovation, and risk management [4] Strategic Initiatives - USBC has implemented a bitcoin treasury strategy to support development and research across its divisions [4] - The USBC deposit token is designed to offer high-yield rewards and is embedded with digital identity features [4]

Core Viewpoint - American Rare Earths Limited has successfully produced heavy and light rare earth oxides from Halleck Creek's allanite-based ore, marking a significant milestone in the development of the Halleck Creek project [2][4][6]. Group 1: Production and Research Developments - The University of Kentucky has produced heavy rare earth oxide (HREO) and light rare earth oxide (LREO) concentrates from Halleck Creek ore, which are precursors to separated rare earth element oxides [2][4]. - The production results indicate that the concentrates have high purity levels, with HREO at 97.1% and LREO at 96.4% [8][10]. - The SynBREE consortium, which includes the University of Kentucky, Lawrence Livermore National Lab, and Penn State University, is researching biotechnology-based methods for the recovery of rare earth elements [3][4]. Group 2: Project Significance and Future Prospects - The successful production of rare earth oxides from Halleck Creek ore is a meaningful development for the project, demonstrating the potential for high-purity extraction [4][6]. - The ongoing research is part of the DARPA EMBER project, which aims to develop innovative extraction and processing technologies for rare earth elements [3][12]. - American Rare Earths is committed to reducing U.S. reliance on rare earth imports, particularly from China, and aims to secure critical mineral independence through the Halleck Creek project [11][12]. Group 3: Technical Processes and Results - The production process involved using hydrochloric acid for leaching and sodium hydroxide to remove impurities, achieving approximately 82% recovery of total rare earths from the leachate solution [10][9]. - The methods used by the University of Kentucky for producing the rare earth oxides are independent of those being developed by Wyoming Rare (USA) Inc, a subsidiary of American Rare Earths [6][7].

Company advanced efforts to secure U.S. FDA 510(k) clearance to advance on path towards planned U.S. market expansion beyond Forensic Use Only settings Fourth quarter sequential and year-on-year revenue growth of 16%, supported by increased demand for drug testing cartridges NEW YORK, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (Nasdaq: INBS) ("INBS" or the "Company"), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced its financi ...