Core Viewpoint - AYR Wellness Inc. has entered into an amendment to its Limited Waiver Agreement with the majority holders of its senior secured notes, extending the temporary waiver period to July 18, 2025, to facilitate ongoing negotiations and explore strategic options to strengthen its capital structure [1][3]. Group 1: Limited Waiver Agreement - The Majority Holders have provided a waiver for certain events of default related to AYR's delay in filing interim financial statements for Q1 2025 and specific payment defaults under other outstanding indebtedness [2]. - The extension does not permanently waive existing defaults or rights under governing documents but allows for continued dialogue and exploration of strategies to address financial obligations [3]. Group 2: Business Operations - AYR Wellness continues to operate its business in the ordinary course and is evaluating growth opportunities in key markets [4]. - The company operates as a vertically integrated cannabis business with over 90 licensed dispensaries and a range of cannabis consumer packaged goods brands [6].

Core Viewpoint - AYR Wellness Inc. is facing potential ownership reclamation and sale of its subsidiary's equity interests due to alleged defaults under a Pledge Agreement, while simultaneously extending a waiver agreement to negotiate with senior lenders [1][2][3]. Group 1: Notification of Disposition and Defaults - AYR Wellness received a Notification of Disposition of Collateral from the Agent, indicating potential defaults under the Pledge Agreement [1][2]. - The Agent intends to reclaim and sell all equity interests in PA Natural Medicine LLC, which operates licensed medical cannabis dispensaries in Pennsylvania [2]. Group 2: Waiver Agreement and Extensions - The Second Amendment extends the temporary waiver period to July 11, 2025, allowing AYR additional time to negotiate with senior lenders [3]. - The Original Agreement provided a waiver for certain defaults related to the delay in filing interim financial statements and specific payment defaults [3][4]. - The extension does not permanently waive existing defaults but facilitates ongoing discussions to address financial obligations [4]. Group 3: Company Overview - AYR Wellness is a vertically integrated U.S. multi-state cannabis operator with over 90 licensed dispensaries and a portfolio of cannabis CPG brands [6]. - The company aims to deliver high-quality cannabis products while positively impacting its team members and communities [6].

Core Insights - Air T, Inc. (AIRT) shares increased by 9.4% following the fiscal year earnings report, outperforming the S&P 500 Index's 0.9% gain during the same period [1] - The company reported revenues of $291.9 million for the fiscal year ended March 31, 2025, marking a 1.7% increase from the previous year's $286.8 million [2] - Despite operational gains, AIRT posted a net loss per share of $2.23, an improvement from $2.42 in the prior fiscal year [2] Revenue and Earnings Overview - Operating income rose by 50.9% to $1.9 million from $1.3 million, while adjusted EBITDA improved to $7.4 million, reflecting an 18.9% increase from fiscal 2024 [2] - The adjusted EBITDA margin improved to 2.5% in fiscal 2025 from approximately 2.2% a year earlier, driven by cost discipline and a favorable sales mix [7] Segment Performance - Overnight Air Cargo segment revenues increased by 7.3% to $124 million, driven by higher labor revenue and administrative fees [3] - Ground Support Equipment revenues rose by 4.8% to $38.9 million, with an order backlog increasing to $14.3 million from $12.6 million [4] - The Commercial Aircraft, Engines and Parts segment saw a revenue decline of 5.8% to $118.2 million, but adjusted EBITDA surged by 60.7% to $9.8 million [5] - Digital Solutions segment revenues grew by 25.7% to $7.3 million, although it posted an adjusted EBITDA loss of $0.3 million due to higher personnel expenses [6] Key Business Metrics - AIRT's equity method investment balance grew to $19 million from $16.7 million, indicating expansion in joint ventures and non-operating assets [7] - FedEx dry-lease arrangements accounted for 39% of total consolidated revenues in fiscal 2025, up from 36% in fiscal 2024 [8] Management Commentary - Chairman and CEO Nick Swenson expressed optimism about the company's progress in building long-term shareholder value and highlighted new products and marketing initiatives [9] - Management continues to repurchase shares in the open market, aligning with shareholder interests [9] Future Outlook - AIRT did not provide specific numeric guidance for fiscal 2026 but plans to invest in engine parts inventory and expand commercial aircraft leasing activities [13] - The launch of Runway Aero Advisors LLC in January 2025 reflects a strategy to enhance capital-raising and advisory capabilities [15] Financial Developments - On March 31, 2025, AIRT amended its credit agreement with Alerus Bank, adding a $3 million Overline Note and a $14 million revolving credit facility, enhancing financial flexibility [14]

Core Viewpoint - AYR Wellness Inc. has confirmed that it did not make the interest payment due on June 30, 2025, related to its outstanding senior notes, which could lead to an event of default if not resolved by July 30, 2025 [1][3]. Group 1: Financial Situation - The company is currently restructuring its debt profile and is in discussions with the holders of a majority of its outstanding notes to explore capital structure alternatives [2][3]. - The missed interest payment is not expected to cause operational challenges for the company [3]. Group 2: Company Overview - AYR Wellness is a vertically integrated U.S. multi-state cannabis operator, with over 90 licensed dispensaries and a range of cannabis consumer packaged goods (CPG) brands [5]. - The company aims to deliver high-quality cannabis products while positively impacting its team members and the communities it serves [5].

Core Viewpoint - American Public Education, Inc. (APEI) is enhancing its financial position and simplifying its capital structure through recent actions, which are expected to benefit students and shareholders alike [5]. Financial Actions - APEI completed the redemption of all outstanding shares of its Series A Senior Preferred Stock for a total cash consideration of $44.5 million, which includes $1.4 million in accrued and unpaid dividends [2]. - The Department of Education released Rasmussen University's $24.5 million letter of credit, allowing the amount to be classified as unrestricted cash [3]. - APEI sold two corporate administrative office buildings in Charles Town, WV, for total sales proceeds of $22.4 million, with these assets previously classified as "held for sale" [4]. Institutional Overview - APEI serves over 125,000 students through its four subsidiary institutions, which include American Public University System, Rasmussen University, Hondros College of Nursing, and Graduate School USA [1][5]. - American Public University System (APUS) is a leading educator for active-duty military and veteran students, serving approximately 88,000 adult learners globally [6]. - Rasmussen University focuses on nursing and health sciences, serving around 14,600 students across 20 campuses and online [7]. - Hondros College of Nursing is the largest educator of Practical Nurses in Ohio, with approximately 3,700 students [8]. - Graduate School USA provides training to the federal workforce, offering customized contract training and open enrollment programs [9]. Accreditation - APUS and Rasmussen University are accredited by the Higher Learning Commission, while Hondros College is accredited by the Accrediting Bureau of Health Education Schools, and Graduate School USA is accredited by the Accrediting Council for Continuing Education & Training [10].

With PCG now part of its portfolio, Creatd continues to expand its ecosystem of companies working to reshape how early-stage and growth companies operate in the public markets. This partnership reflects Creatd's commitment to empowering founders and investors through smarter systems and collaborative platforms. NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD), a publicly traded company focused on capital structure arbitrage and building platforms for emerging growth companies, today anno ...

ORLANDO, Fla., June 30, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ: ABL), a leader in the alternative asset management space, today announced that it has commenced an exchange offer (the "Offer") and consent solicitation (the "Consent Solicitation") relating to its (i) outstanding public warrants (the "public warrants") and (ii) outstanding private placement warrants (the "private placement warrants" and, together with the public warrants, the "warrants") to ...

Core Viewpoint - Topicus.com Inc. has successfully secured a €200 million senior unsecured Schuldschein loan, which was initially launched at €100 million and later doubled due to strong interest from institutional lenders [1][2]. Financing Details - The Schuldschein loan is structured in multiple tranches with varying maturities: €79.5 million maturing in 3 years, €105.5 million maturing in 5 years, and €15 million maturing in 7 years [1]. - Proceeds from the loan will be utilized for general corporate purposes and mergers and acquisitions (M&A), enhancing the corporation's capital structure and debt maturity profile [2]. Company Overview - Topicus.com Inc. is a prominent pan-European provider of vertical market software and platforms, serving both public and private sector clients [3]. - The company focuses on acquiring, building, and managing leading software firms that deliver specialized and mission-critical software solutions tailored to customer needs [3].

MIAMI, June 20, 2025 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, announces that it has entered into an amendment (the “Extended Agreement”) to the previously disclosed Limited Waiver Agreement dated June 6, 2025 (the “Original Agreement”). The Extended Agreement formally extends the temporary waiver period set forth in the Original Agreement from June 19, 2025, to July 3, 2025.‎ Under the Origi ...

MIAMI BEACH, Fla., June 16, 2025 (GLOBE NEWSWIRE) -- AirSculpt Technologies, Inc. (“AirSculpt”) (NASDAQ: AIRS), a national provider of premium body contouring procedures, today announced the voluntary prepayment of $10.0 million of its outstanding term loan debt using cash on hand, following the successful completion of its offering of 3,634,000 shares of common stock, which generated net proceeds, after estimated expenses, of approximately $13.8 million. The Company noted that with this financing and assum ...