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Twilio Expands RCS With Orange: Will Secure Messaging Drive Growth?
ZACKS· 2025-06-20 13:56
Key Takeaways TWLO teams up with Orange to expand Rich Communication Services reach across French smartphones. 81% of consumers prefer RCS over SMS, while 75% of businesses plan to invest in it this year. TWLO's communication segment earned $1.10B in Q1 2025, with messaging as the top revenue contributor.Twilio (TWLO) is taking another step toward transforming business messaging through its new partnership with Orange to scale Rich Communication Services (RCS) across France. This move could help Twilio st ...
Abcourt Provides Update on Ongoing Financings
Globenewswire· 2025-06-18 11:00
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ROUYN-NORANDA, Quebec, June 18, 2025 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. ("Abcourt" or the "Corporation") (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it intends to complete a non-brokered private placement of a secured convertible debenture of the Corporation (the "Debenture") for gross proceeds of $3,000,000 (the "Debenture Offering"). Debenture Offering Concurrently with the closing of the Debenture ...
Nasdaq Confirms Full Compliance of HUB Cyber Security with Nasdaq’s Listing Standards
Globenewswire· 2025-06-12 12:19
TEL AVIV, Israel, June 12, 2025 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. (NASDAQ: HUBC) (“HUB” or the “Company”), a global leader in confidential computing and advanced secured data fabric technology, today announced that it is in full compliance with all applicable listing requirements of the Nasdaq Capital Market. Nasdaq has formally confirmed that HUB satisfies both the minimum bid price and the market value of listed securities (MVLS) thresholds under Listing Rules 5550(a)(5) and 5550(b)(2), the “Bid ...
GreenPower Closes Third Tranche of Term Loan Offering
Prnewswire· 2025-06-08 19:12
Core Viewpoint - GreenPower Motor Company Inc. has successfully closed the third tranche of a secured term loan offering amounting to U.S. $300 million, aimed at supporting its production and operational costs [1][2]. Group 1: Loan Details - The loans are secured by a general security agreement on the company's assets, subordinated to all senior debt, and will incur an interest rate of 12% per annum for a term of two years [3]. - The net proceeds from the loans will be allocated towards production costs, supplier payments, payroll, and working capital [2]. Group 2: Related Party Transactions - The loans involve agreements with companies controlled by the CEO and a Director, qualifying as related party transactions under Multilateral Instrument 61-101, but are exempt from formal valuation and minority approval requirements [5]. - As part of the loan agreement, the company issued 340,909 non-transferable share purchase warrants and 68,181 shares to one of the lenders [4]. Group 3: Company Overview - GreenPower designs, builds, and distributes a range of all-electric medium and heavy-duty vehicles, including transit buses, school buses, and cargo vans, focusing on zero-emission solutions [7]. - The company was founded in Vancouver, Canada, and has operational facilities in southern California, with a NASDAQ listing since August 2020 [7].
Why L3Harris Might Be The Most Undervalued Stock in the Defense Sector
Benzinga· 2025-06-06 18:32
Key Takeaways:L3Harris Technologies Inc. (NYSE: LHX) trades at lower valuation multiples despite delivering steady contract growth and strong positioning in modern defense segments.Behind the scenes, LHX is building strength in areas the market increasingly cares about: space tech, secure communications, and classified defense systems.With a growing backlog and steady cash flow, it's the kind of stock that quietly builds momentum, until the market eventually catches up.A Quiet Climb in a Defensive SectorDef ...
BTQ Technologies Unveils Breakthrough Performance of CASH Architecture, Paving the Way for the Future of Quantum-Secure Devices
Prnewswire· 2025-06-02 11:30
BTQ's CASH architecture delivers industry-leading cryptographic performance, processing up to 1 million digital signatures per second and executing encryption tasks up to 5x faster than competing solutions. CASH is compact, energy-efficient, and post-quantum ready, supporting both today's standard encryption and next-generation quantum-safe algorithms in a single, integrated system. With applications across payments, IoT, identity, and telecom, CASH positions BTQ Technologies at the forefront of securing g ...
Clear Secure Slides 10% YTD: How Should You Approach the Stock Now?
ZACKS· 2025-05-27 15:50
Core Viewpoint - Clear Secure, Inc. has experienced a 10% decline in share price year to date, underperforming both the broader Computer and Technology sector and the Internet - Software industry [1] Financial Performance - The underperformance is linked to sluggish first-quarter 2025 results, with a sequential decline of 140 basis points in gross dollar retention due to earlier pricing increases [2] - Operating costs have risen, with salaries and benefits increasing by 150 basis points year over year, impacting margins [2] - For Q2 2025, the Zacks Consensus Estimate for earnings is 23 cents per share, reflecting a 20.7% decrease over the past 30 days and a year-over-year decline of 32.35% [11] - The revenue estimate for Q2 2025 is $214.72 million, indicating an 8.65% increase from the previous year [11] - The consensus for 2025 earnings is 94 cents per share, down 22.3% over the past 30 days, with a year-over-year decrease of 47.78% [12] - The revenue estimate for 2025 is $878.42 million, showing a year-over-year growth of 14.01% [12] Strategic Positioning - Despite near-term pressures, Clear Secure is strategically positioned with strong growth in its travel segment, focusing on enhancing member experience and expanding its network [3] - The company has expanded its travel footprint to 165 locations, increasing accessibility for members [5] - CLEAR Plus memberships grew by 9.1%, and cumulative enrollments reached 31.2 million, a 42.3% annual increase [5] - New product launches, including EnVe, ePassport, and eGates, aim to simplify enrollment and expand platform functionality [6] Partnerships and Innovations - The partnership with Docusign enhances document integrity through biometric identity verification, extending Clear Secure's identity platform into broader markets [7] - The company is focused on product innovation, including identity solutions like CLEAR1 and ePassport, to broaden its reach [4] Market Dynamics - The implementation of the REAL ID Act, effective May 7, 2025, is expected to increase demand for identity verification, although consumer adoption may vary [8] - Unpredictable consumer responses to REAL ID requirements could affect enrollment timing and revenue growth [9]
Mullen Group Ltd. Announces Pricing of Private Placement Notes Offering
Globenewswire· 2025-05-22 22:46
Summary of Mullen Group Ltd. Notes Offering Core Viewpoint Mullen Group Ltd. has successfully priced a senior secured notes offering amounting to approximately CAD$400 million, aimed at enhancing liquidity for future growth and prepaying existing debt. Group 1: Notes Offering Details - The offering consists of US$50 million with a yield of 6.91% per annum and CAD$325 million with a yield of 6.04% per annum, maturing on July 10, 2037 [2] - Interest on the notes will be payable semi-annually starting December 7, 2025 [2] - The offering is expected to close on July 10, 2025, pending customary closing conditions [3] Group 2: Use of Proceeds - The net proceeds from the notes offering will be used to prepay existing private placement debt maturing in October 2026 and for general corporate purposes [3][4] - The company aims to utilize the funds to pursue new acquisitions aligned with its strategic plans [4] Group 3: Company Background - Mullen Group is a public company with a significant portfolio in the transportation and logistics sectors, providing a variety of services including less-than-truckload, truckload, and specialized hauling [7] - The company operates a network of independently run businesses and offers specialized services related to energy, mining, forestry, and construction industries in western Canada [7]
GCL Secures USD $2.9 Million Senior Unsecured Convertible Note Financing
Globenewswire· 2025-05-22 12:30
SINGAPORE, May 22, 2025 (GLOBE NEWSWIRE) -- GCL Global Holdings Ltd (NASDAQ: GCL) (“GCL” or the “Company”), a leading provider of games and entertainment, today announced that it has entered into a securities purchase agreement (the “SPA”) with ATW Partners (the “Investor”) for the issuance of senior unsecured convertible notes, through a facility of up to $45.5 million. Pursuant to the SPA, the Company will issue an initial note in the aggregate original principal amount of $2,900,000, at a purchase price ...
BAWAG Group: Moody’s affirms ratings and changes outlook from stable to positive
Globenewswire· 2025-05-21 20:00
Core Viewpoint - Moody's has affirmed the ratings of BAWAG P.S.K. and changed the outlook on long-term deposit, senior unsecured, and long-term issuer ratings from stable to positive, reflecting the impact of recent acquisitions and improved business performance [1][2]. Group 1: Company Strategy and Performance - The positive outlook indicates the effectiveness of BAWAG Group's strategy focused on sustainable growth, efficiency, and maintaining a secure balance sheet, which has remained unchanged since 2012 [2]. - Recent acquisitions have enhanced the company's business profile, particularly in the DACH/NL region and Retail & SME sectors, contributing to increased profitability [2]. Group 2: Company Overview - BAWAG Group AG is a publicly listed holding company based in Vienna, Austria, serving over 4 million customers across various regions including Austria, Germany, Switzerland, Netherlands, Ireland, the United Kingdom, and the United States [3]. - The company operates under multiple brands and offers a wide range of financial products and services, including savings, payment, lending, leasing, investment, and insurance [3].