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Rock Tech Lithium Closes Non-Brokered Private Placement for Aggregate Gross Proceeds of approximately $4.7 Million
Prnewswire· 2026-02-25 14:20
Core Viewpoint - Rock Tech Lithium has successfully closed a non-brokered private placement, raising approximately $4.7 million to support its integrated conversion strategy and general corporate purposes [1]. Group 1: Private Placement Details - The company issued a total of 4,671,827 units at a market price of $1.00 per unit, resulting in gross proceeds of $4,671,827 [1]. - The units were subscribed by two existing institutional shareholders [1]. - Each unit consists of one common share and one common share purchase warrant, with the warrants exercisable at $1.15 per share for 36 months [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for the continued development of the company's integrated conversion strategy and for general corporate and working capital purposes [1]. Group 3: Stock Options - The company granted 2,510,000 stock options to certain directors, officers, and employees, with 1,300,000 options issued to directors and officers [1]. - The options have an exercise price of $1.15 and will vest immediately, expiring on February 23, 2031 [1]. Group 4: Company Overview - Rock Tech Lithium aims to enhance the battery industries in Europe and North America by ensuring a supply of high-quality, locally produced lithium [1]. - The company focuses on responsible sourcing and aims to support a sustainable and transparent value chain from mining to battery-grade material [1]. - Rock Tech's lithium hydroxide converter projects in Germany and Canada are designed to provide a stable supply to the battery and automotive industries [1].
Liquidity Services Mourns the Loss of Long-Serving Director George H. Ellis
Globenewswire· 2026-02-25 14:00
BETHESDA, Md., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Liquidity Services, Inc. (NASDAQ: LQDT) today announced with deep sadness the passing of George H. Ellis, who served as a distinguished member of its Board of Directors since May 2010. Mr. Ellis was a vital contributor to the company’s governance, serving on the Audit and Corporate Governance and Nominating Committees until his retirement in February 2026. "George was a dedicated steward of our company’s mission, a trusted advisor, friend and mentor to our l ...
ATRenew to Report Fourth Quarter and Full Year 2025 Financial Results on March 11, 2026
Prnewswire· 2026-02-25 08:00
ATRenew to Report Fourth Quarter and Full Year 2025 Financial Results on March 11, 2026 [Accessibility Statement] Skip NavigationSHANGHAI, Feb. 25, 2026 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a pioneer in the technology-driven trade-in solutions and circular economy for consumer products in China, today announced that it plans to release its unaudited financial results for the fourth quarter and full year of 2025 before the U.S. market opens on Wednesday, March 11, 2026.The ...
Vow ASA: Contract of EUR 27 million awarded for equipment deliveries to four newbuilds
Globenewswire· 2026-02-23 16:05
Oslo, 23 February 2026: Vow ASA (ticker OSE: VOW) and its subsidiary Scanship have received a purchase order from a major European shipyard of EUR 27 million. This order covers equipment for four new build Cruise vessels. The vessels are a continuation of an existing platform. Equipment deliveries have been agreed for four confirmed vessels under the contract. Deliveries will start in April 2027 for the first vessel and continue for sister vessels throughout 2029. The first vessel is scheduled to enter ope ...
What Strengthens First Solar's Leadership in PV Recycling Business?
ZACKS· 2026-02-23 14:51
Core Insights - First Solar, Inc. (FSLR) operates a photovoltaic (PV) module recycling program as part of its sustainability-focused business model, providing global end-of-life recycling services for its thin-film cadmium telluride modules [1][3] Recycling Program - The company has established recycling facilities at its manufacturing sites in the United States, India, Malaysia, Vietnam, and Germany, having recycled approximately 400,000 metric tons of PV modules since launching the industry's first global recycling program in 2005 [2][8] - First Solar's recycling process is designed to recover semiconductor materials, glass, and metals at high recovery rates, aiming to reduce raw material dependence and manage environmental risks [3][8] Market Position and Strategy - As global solar installations expand, end-of-life management is increasingly important, positioning recycling as a long-term support function within the solar value chain, which helps strengthen customer ties and meet regulatory requirements [4] - The company's recycling investments and sustainability policies enhance PV lifecycle management and align with circular economy initiatives in key solar markets [5] Industry Comparisons - Other solar companies, such as Canadian Solar Inc. and JinkoSolar Holding Co. Ltd., are also advancing sustainability initiatives, including module recycling programs, to align with evolving regulatory standards [6] Financial Performance - The Zacks Consensus Estimate for FSLR's earnings per share indicates a year-over-year increase of 58.82% for 2026, with a long-term earnings growth rate of 33.5% [7] - FSLR is currently trading at a forward 12-month price-to-earnings ratio of 10.05X, which is below the industry average of 18.51X, indicating a potential investment opportunity [10] Stock Performance - Over the past year, FSLR shares have risen by 58.2%, outperforming the industry's growth of 49.3% [12]
WillScot Mobile Mini (WSC) - 2025 Q4 - Earnings Call Presentation
2026-02-19 22:30
QUARTERLY INVESTOR PRESENTATION FOURTH QUARTER 2025 February 19, 2026 SAFE HARBOR Forward Looking Statements This presentation contains forward-looking statements (including the guidance/outlook contained herein) within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words "estimates," "expects," "anticipates," "believes," "forecasts," "plans," "intends," "may," "will," "should," "shall," "outlook," "guidance," ...
Nudie Jeans Set to Open First Paris Store, Doubling as Community and Repair Hub
Yahoo Finance· 2026-02-19 18:25
PARIS — Swedish cult brand Nudie Jeans is set to open its first store in Paris this April, as the company accelerates its direct-to-consumer expansion following a strategic retreat from wholesale. Last year the Gothenburg-based brand opened seven new stores globally, shuttering larger flagships in favor of smaller, more financially viable retail spaces it calls “denim kiosks.” The move marks a pivot after years of wholesale-driven growth that diluted pricing control and brand positioning. More from WWD “ ...
Heritage Global Partners and Prestige Auctions to Conduct Complete Plant Closure Auction of NOV Dayton Chemineer Facility
Businesswire· 2026-02-19 18:10
Core Viewpoint - Heritage Global Partners and Prestige Auctions will conduct an online auction for the complete closure of the NOV Dayton Chemineer facility, featuring a range of high-quality manufacturing equipment, scheduled for March 12, 2026 [1]. Auction Details - The auction will include late-model CNC machining and fabrication systems, inspection and finishing equipment, and other assets that represent the full production workflow of the facility [1]. - Key auction items include large-capacity CNC lathes, milling machines, and various support equipment, appealing to buyers in sectors such as aerospace, energy, and general manufacturing [1]. Market Context - The auction is expected to attract significant interest from both North American and international buyers, reflecting a continued demand for high-quality used manufacturing equipment as companies look for cost-effective capacity expansion [1]. - Pre-auction offers are being accepted for select major assets, with equipment inspections scheduled for March 11, 2026 [1]. Company Background - Heritage Global Partners is a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), specializing in asset advisory and auction services across various industrial sectors, conducting 150-200 auction projects annually [1]. - Prestige Auctions is recognized as a leader in the procurement and sales of used metalworking machinery and complete manufacturing facilities, providing customized asset management solutions since 1990 [1].
2025 Full-Year results: Excellent financial performance reflecting the strengths of Nexans’ business model
Globenewswire· 2026-02-19 06:00
Core Insights - Nexans reported strong financial performance for FY 2025, with adjusted EBITDA of €728 million, up 27.3% year-on-year, and a net income of €358 million, reflecting a 26.6% increase from 2024 [3][12][7] - The company achieved an exceptional organic growth rate of 8.3% in 2025, significantly exceeding mid-term guidance, driven by strong performance in the PWR-Transmission segment [2][4][8] - Nexans is focusing on electrification and has entered exclusive negotiations for the sale of its Autoelectric business, marking the completion of its portfolio rotation [4][34][35] Financial Performance - Standard sales reached €6.1 billion in 2025, with current sales at €7.8 billion, reflecting a 12.9% increase [7][8] - Adjusted EBITDA margin improved to 11.9%, up 161 basis points from 2024, indicating enhanced operational efficiency [3][11] - Free cash flow was reported at €344 million, a significant increase of 94.1% compared to €177 million in 2024, showcasing strong cash generation capabilities [13][7] Segment Performance - PWR-Transmission segment achieved standard sales of €1.7 billion, with an organic growth of 29.8%, driven by high installation activity [20][21] - PWR-Grid segment reported standard sales of €1.3 billion, with organic growth of 5.5%, supported by strong underlying trends [24][25] - PWR-Connect segment saw standard sales of €2.3 billion, with a 3.6% organic growth, bolstered by acquisitions and strong demand in the Americas and Middle East [27][28] M&A Activity - Nexans completed acquisitions of Cables RCT in Spain and Electro Cables in Canada, enhancing its portfolio and market presence [5][32][33] - The company is actively pursuing M&A as a core strategy for growth, supported by a solid balance sheet and cash generation [5][31] Sustainability Initiatives - Nexans achieved a recycled copper content of 19.3%, moving towards a target of 25% by 2028, reflecting its commitment to sustainability [39][40] - The company reported a 49% reduction in Scope 1 and 2 emissions and a 40% reduction in Scope 3 emissions, exceeding interim decarbonization targets [42][41] 2026 Outlook - For FY 2026, Nexans expects adjusted EBITDA between €730 million and €810 million, with free cash flow projected between €210 million and €310 million [2][46] - The company anticipates a softer first half of 2026 compared to the second half, excluding contributions from ongoing projects and acquisitions [2][46]
EBay forecasts upbeat revenue, buys Depop to boost fashion presence
Yahoo Finance· 2026-02-18 21:12
By Juby Babu Feb 18 (Reuters) - EBay Inc forecast first-quarter revenue above Wall Street estimates on Wednesday and announced the ‌acquisition of fashion marketplace Depop from Etsy for nearly $1.2 ‌billion, sending its shares up more than 7% in extended trading. The company has ​worked to differentiate itself by leaning into "recommerce" and its role in the circular economy, emphasizing pre-owned, refurbished and authenticated goods, amid a challenging market. EBay expects first-quarter revenue in t ...