Workflow
CISO Global Achieves 108% Gross Profit Growth, 56% Net Loss from Operations Reduction, and Momentum from Strategic Partnerships
Globenewswire· 2025-08-15 12:30
Core Insights - CISO Global reported a significant profit growth of approximately 108% in total gross profit for the first half of 2025 compared to the same period in 2024, with gross margin expanding by over 137% due to a stronger mix of high-margin software revenue and operational efficiencies [1][2] - The company successfully reduced total current liabilities by approximately 30% prior to a recent $9 million debt-for-preferred equity exchange, enhancing its balance sheet [2] - CISO Global anticipates at least $10 million in software bookings for 2025, supported by partnerships with Cyber Assurance Group and Financial Independent Group, alongside projected services revenue of $35 million [2] Financial Performance - The financial discipline implemented by CISO Global is yielding measurable results, with rising margins, narrowing losses, and new revenue streams emerging from partnerships and warranty-backed software [2] - The CEO emphasized that the company's strategy is effective, highlighting the combination of high-margin software, nationwide distribution, and a $1.5 million cyber warranty as key components in building a more profitable and resilient enterprise [3] Company Overview - CISO Global, headquartered in Scottsdale, Arizona, is a leader in AI-powered cybersecurity software and compliance services, providing comprehensive solutions to protect organizations from cyber threats and ensure compliance [3]
Sienna Announces August Dividend
Globenewswire· 2025-08-15 12:30
MARKHAM, Ontario, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of August 2025, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on September 15, 2025 to shareholders of record as at August 29, 2025. The Company's dividends are designated as eligible dividends for Canadian tax purposes in accordance with sub ...
DeFi Dev Corp. Purchases $22M SOL, Grows Treasury to 1.42M SOL
Globenewswire· 2025-08-15 12:30
Core Viewpoint - DeFi Development Corp. has successfully increased its holdings of Solana (SOL) to approximately 1,420,173 SOL, reflecting a strategic treasury policy aimed at accumulating and compounding SOL for long-term growth [1][3][7] Group 1: Company Holdings and Performance Metrics - The company acquired 110,000 SOL at an average price of $201.68, totaling approximately $22 million [1] - The total value of SOL and SOL equivalents held by the company is approximately $273 million, representing a 9% increase from the previous balance of 1,301,653 SOL [7] - The key performance metric, SOL per share (SPS), rose 9% to 0.0675 as of August 14, 2025, with a corresponding SPS value of $13.02 [2][7] Group 2: Treasury Strategy and Operations - The company's treasury policy allocates its principal holdings to SOL, providing investors with direct economic exposure to SOL while participating in the growth of the Solana ecosystem [3] - The newly acquired SOL will be staked to various validators, including the company's own Solana validators, to generate native yield [2] - DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake, and is engaged in decentralized finance (DeFi) opportunities [3]
YY Group Reports 65% Quarterly Growth in UAE and Expands Operations to Perth, Australia
Globenewswire· 2025-08-15 12:30
Singapore, Aug. 15, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) (“YY Group,” “YYGH,” or the “Company”), a global leader in on-demand workforce solutions and integrated facility management (IFM), today announced the official launch of YY Circle Perth with its first client engagement. This marks the Company’s expansion within Australia’s large and dynamic casual workforce market, reinforcing its position and driving the next phase of its international growth strategy. Australia’s casual w ...
Bel Fuse Announces Participation in the 16th Annual Midwest IDEAS Conference
Globenewswire· 2025-08-15 12:30
WEST ORANGE, N.J., Aug. 15, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced its participation in the 16th Annual Midwest IDEAS Conference: 16th Annual Midwest IDEAS ConferenceLynn Hutkin, CFOMark Hodkinson, VP Finance & Corporate ControllerTuesday, August 26, 2025InterContinental Chicago Magnificent MileConducting meetings throughout the day with a presentation at 10:15am ET The i ...
Nuwellis, Inc. to Present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech
Globenewswire· 2025-08-15 12:15
Live video webcast on Thursday, August 21st at 2:40 PM ETMINNEAPOLIS, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company delivering fluid management solutions for critically ill patients, today announced that it will present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech being held virtually August 19-21, 2025. Details for the presentation are as follows: Date/Time: Thursday, August 21, 2025 at 2:40 PM ET Presenter: John Erb, President an ...
Aecon Announces Renewal of Normal Course Issuer Bid
Globenewswire· 2025-08-15 12:07
Core Viewpoint - Aecon Group Inc. has received regulatory approval to renew its normal course issuer bid (NCIB), allowing the company to repurchase up to 3,180,767 common shares, representing 5% of its issued shares, from August 19, 2025, to August 18, 2026 [1][2]. Group 1: NCIB Details - The NCIB allows Aecon to purchase common shares for cancellation, with a maximum of 3,180,767 shares, based on a total of 63,615,334 issued shares as of August 7, 2025 [2]. - The previous NCIB, which expires on August 18, 2025, allowed for the purchase of up to 3,126,306 shares, of which 267,700 shares were repurchased at a weighted average price of $19.2650 [3]. - Daily purchases under the NCIB will be limited to a maximum of 104,411 shares, which is 25% of the average daily trading volume over the past six months [4]. Group 2: Funding and Strategy - Aecon plans to fund the share repurchases using existing cash resources or its senior credit facility, viewing the repurchase as beneficial for shareholders [5]. - The actual number and timing of share purchases will be determined by Aecon's management, who may suspend or discontinue repurchases at any time [6]. Group 3: Automatic Securities Purchase Plan - Aecon has established an automatic securities purchase plan with a designated broker to facilitate share purchases during regulatory restrictions or trading black-out periods [7]. - The plan has been pre-cleared by the TSX and will be effective from August 19, 2025 [7]. Group 4: Company Overview - Aecon Group Inc. is a North American construction and infrastructure development company, providing integrated solutions across various sectors including Civil, Urban Transportation, Nuclear, Utility, and Industrial [8].
24/7 Market News: "Our Pipeline Is Roaring" VENU Breaks Out and Expanding National Footprint
Globenewswire· 2025-08-15 12:05
Core Insights - Venu Holding Corporation (NYSE American: VENU) is experiencing significant growth, highlighted by a surge in asset growth, record fan engagement, and expanded national momentum as reported in their Q2 2025 financial results [1][2] Financial Performance - Total assets increased to $242.0 million, a 36% rise or $63.3 million from year-end 2024 [10] - Property and equipment rose by 45% to $199.2 million, indicating active construction across multiple states [10] - Net revenue from amphitheater operations and naming rights for the quarter was $597,712, with the Ford Amphitheater generating $4.7 million in gross receipts from over 35,000 fans [5][10] Strategic Initiatives - The company is focused on four key priorities: expanding markets, completing current developments, increasing FireSuite sales, and unlocking strategic value through naming rights and sale leasebacks [3] - VENU's partnership with Ryan, LLC aims to deliver two new municipalities every quarter, potentially adding $150 to $300 million to the balance sheet with each agreement [6] - The triple-net lease partnership with Sands Investment Group is projected to generate over $100 million in additional annual capital [7] Development Pipeline - VENU has a robust development pipeline with 38 communities in discussions for new projects, including the 20,000-seat Sunset Amphitheater in McKinney, TX, set to open in 2026 [11] - The company is on track to open three outdoor amphitheaters and one indoor venue by 2026, with plans for four more in 2027 [11] Institutional Interest - VENU's market capitalization has surpassed $600 million, marking a transition from micro-cap status and attracting increased institutional ownership [12] - Vanguard Group has disclosed a new position in VENU, holding 861,911 shares, approximately 2.3% of outstanding stock, valued at about $13 million [13][14] Future Outlook - The company anticipates adding over $5 billion in completed project value in the next 36 to 48 months, with expectations of development profit in Q4 2025 and operational profit in Q3/Q4 2026 [15][17]
SharpLink Reports Second Quarter 2025 Results; Now Holds 728,804 ETH in Total
Globenewswire· 2025-08-15 12:00
Core Viewpoint - SharpLink Gaming, Inc. has established Ether (ETH) as its primary treasury reserve asset, aiming to provide investors with an efficient way to engage in Ethereum's financial transformation [2][4]. Financial Strategy - The company is strategically accumulating ETH through disciplined capital formation and active treasury management, resulting in a yield-generating ETH treasury that enhances growth and aligns stockholder interests with the Ethereum ecosystem [3][6]. - SharpLink's treasury strategy is based on the belief that ETH will be the core trust commodity of the next-generation financial system [4]. Key Highlights - Since launching its ETH treasury strategy, SharpLink has raised over $2.6 billion in capital and acquired 728,804 ETH, significantly increasing its ETH Concentration metric by 98% from 2.00 to 3.95 [8][9]. - The company has staked nearly 100% of its ETH, generating cumulative rewards of approximately 1,326 ETH to date [8]. Financial Performance - For the three months ended June 30, 2025, SharpLink reported revenue of $0.7 million, a decrease from $1.0 million in the same period last year, with a gross profit of $0.2 million [9]. - The company incurred a net loss of $103.4 million, primarily due to a non-cash impairment loss of $87.8 million on liquid staked ETH holdings and non-cash stock-based compensation [13]. Leadership and Partnerships - SharpLink has built a world-class leadership team, including Joseph Lubin, Co-Founder of Ethereum, as Chairman of the Board, and Joseph Chalom, a veteran from BlackRock, as Co-CEO [8]. - The company has entered a strategic partnership with Consensys, enhancing its position in the Ethereum ecosystem [8].
American Rebel Light Beer Powers NHRA Brainerd Nationals with ‘Battle for the Rebel Axe,’ Primary Sponsors - TSR Nitro, Minnesota Beer Launch, Andy Ross Live, and Rebel Segment planned for FOX TV Broadcast
Globenewswire· 2025-08-15 12:00
American Rebel Holdings Inc American Rebel Light Beer Powers NHRA Brainerd Nationals with ‘Battle for the Rebel Axe,’ Primary Sponsors American Rebel Holdings Inc. (NASDAQ: AREB), American Rebel Light Beer, and Champion Safe Galvanize Fan Engagement, Launch Minnesota Beer Expansion, and Deepen Relationship with the NHRA at Brainerd Nationals Nashville, TN, Aug. 15, 2025 (GLOBE NEWSWIRE) -- American Rebel Holdings, Inc. (NASDAQ: AREB) (www.americanrebel.com), the embodiment of patriotic lifestyle and ...