PHILADELPHIA, PA, July 02, 2025 (GLOBE NEWSWIRE) -- Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) (the “Company”) today announced the closing of its initial public offering of 25,300,000 units, which includes 3,300,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $253,000,000. The Company’s units began trading on the Nasdaq Global Market (“Nasdaq”) on July 1, 2025 under the tic ...

WILLIAMSBURG, Va., July 02, 2025 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced the Company received a Notice of Default (the “Notice”) from the special servicer for its mortgage loan secured by the Georgian Terrace in Atlanta. The Notice states that the Company’s subsidiary, SOHO Atlanta LLC, is in default under the note and the loan documents by virtue of, among other things, its failure to pay all amounts when due thereunder, and that the current lender, Wilmingto ...

Core Viewpoint - Performance Shipping Inc. has successfully placed USD 100 million of bonds in the Nordic bond market, with plans for listing on the Oslo Stock Exchange, maturing in July 2029, and a fixed coupon of 9.875% per annum [1] Group 1: Bond Offering Details - The bonds are priced at 97% of par and will pay interest semi-annually in arrears [1] - The bonds are secured by first priority mortgages over the Company's two oldest tanker vessels, which are currently unencumbered [1] - The offering is expected to close on July 17, 2025, subject to customary closing conditions [1] Group 2: Use of Proceeds - The net proceeds from the bond issue will be utilized for tanker acquisitions or bond repurchases [2] Group 3: Company Overview - Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of tanker vessels, employing its fleet on spot voyages, pool arrangements, and time charters [4]

Core Insights - Ouster, Inc. (OUST) shares have increased by 77.1% year to date, outperforming its industry, sector, and the S&P 500 composite [1][9] - The company is positioned to benefit from the growing adoption of LiDAR technology across various sectors, targeting a total addressable market projected to reach $19 billion by 2030 [2][11][13] Company Overview - Ouster specializes in digital LiDAR solutions combined with AI software, claiming to offer some of the highest-performing and lowest-cost solutions available [2] - The company aims to transition from a hardware-centric model to software-enabled solutions, focusing on recurring revenues [13] Financial Performance - OUST has achieved nine consecutive quarters of revenue growth and maintains a strong balance sheet with $171 million in cash and no debt [9][16] - The company targets annual revenue growth of 30-50% and gross margins of 35-40% [9][14] Market Position - OUST's recent merger with Velodyne has strengthened its digital LiDAR portfolio and expanded its customer base, aiming for over $75 million in annual cost synergies [12] - The company is also focusing on scaling its software-attached offerings and revamping its product lineup [11] Analyst Sentiment - The Zacks Consensus Estimate for OUST's earnings has seen upward revisions, indicating positive analyst sentiment [17] - The consensus estimates suggest significant revenue growth for 2025 and 2026, with earnings per share expected to increase by 16.4% and 24.1%, respectively [19] Competitive Landscape - OUST's performance contrasts with competitors like Aeva Technologies (AEVA), which has seen a 503.4% increase in shares year to date, and Luminar Technologies (LAZR), which has experienced a 48.7% decline [5][10] - OUST is competing in a rapidly evolving market with increasing demand for LiDAR technology across automotive, industrial, and smart infrastructure sectors [11][20]

Welcome back to the week in AI. I'm Kevin Cook, your field guide and storyteller for the fascinating arena of artificial intelligence. We did another space on Friday, my myself and my colleague Ethan Feller on um the 28th, Friday the 28th. I had to remember now that we're in July here. Um here were here was the the post basically the invitation for people to to come with my big topics. What's more doomer AI AGI imminent meaning tomorrow or AGI never? That's an important question. And then welcome to the sca ...

[Music] [Applause] People might assume the defining moment in my life was having a spinal cord injury. when in fact I believe the defining moment in my life was starting a football team with some friends a few years later. Now that's not the team you might know me for, but it is one I will never ever forget.It was that decision that brought me back out of my shell and got me out of the house again at a time when I really needed it. That was my reset point and the light bulb moment. Let me tell you how I got ...

Amid festivals and flowers, Moscow is far from the war with Ukraine https://t.co/tG3PKkCqAd ...

of Net Bank over here. When you walk into Net Bank and it says ticket number one, please head to telephone. That's my Thank you. Thank you. Thank you.Yeah. Yeah. Yeah.That's right. Next time you're about to take a flight, I tell you, please make sure not to leave your luggage unattended. that move.Thank you. And there's Disney, Netflix, and about a hundred other companies that I record with. So, I make money with my voice.And I'm not going to talk about that today, believe it or not, because it's women's mo ...

Group 1 - The company proposes to settle approximately $63,250 in debt through the issuance of common shares at a deemed price of $0.10 per share [1] - Of the total liabilities, $25,000 is payable to a former officer for management services, while the remainder is payable to arm's length parties [1] - The completion of the debt settlement is subject to final documentation and approval from the TSX Venture Exchange [1] Group 2 - Giga Metals Corporation's core asset is the Turnagain Project, which contains significant undeveloped sulphide nickel and cobalt resources [2] - The Turnagain Project is held in Hard Creek Nickel, a joint subsidiary of Giga Metals Corporation and Mitsubishi Corporation [2] - A Pre-Feasibility Study for the Turnagain Project was released in October 2023 [2]

Mitigate global warming to protect the Earth's climate and the fundamental conditions for human survival. Mitigate global warming to protect the Earth's climate and the fundamental conditions for human survival. Reducing Global Warming - Plant Trees, Grow Change This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx ...