FUZHOU, China, May 27, 2025 /PRNewswire/ -- E-Home Household Service Holdings Limited (Nasdaq: EJH) (the "Company" or "E-Home"), a provider of integrated household services in China, today announced that at an extraordinary general meeting of the Company held on May 1, 2025 (the "Meeting"), its shareholders have approved the resolution of a share consolidation of the issued and authorized ordinary shares of the Company at a ratio of not less than one (1)-for-two (2) and not more than one (1)-for-fifty (50) ...

Action Expected to Allow the Company to Regain Compliance with Nasdaq Minimum Bid Price RequirementLUXEMBOURG, May 23, 2025 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it will effect a consolidation of its shares (also known as a reverse stock split) at a ratio of 1-for-8, effective as of 12:01 a.m. CET on May 28, 2025 (the “Share Consolidation”). A ...

Core Viewpoint - Dick's Sporting Goods will acquire Foot Locker for $2.4 billion, significantly increasing its store count and enhancing its position in the sporting goods market [1][2]. Financial Overview - Dick's will pay $24 per share for Foot Locker, representing a 90% premium over its pre-announcement share price [2]. - In 2024, Dick's reported revenues of $13 billion, a 3.5% year-over-year increase, while Foot Locker's revenue was $8 billion, reflecting a 1.9% decline at constant currency rates [3]. Market Position and Strategy - Dick's operates 856 stores in the U.S. market, targeting a $140 billion addressable market, while Foot Locker has a global footprint of 2,400 stores and targets a $300 billion market, with 30% of its revenues coming from international sales [4]. - The acquisition is expected to yield $100 million to $125 million in cost synergies and is set to close in the second half of 2025, pending regulatory approvals [5]. Background and Rationale - Dick's has been considering the acquisition for some time, aiming to leverage its strong track record in sporting goods and performance athletics [6]. - Foot Locker has faced challenges, particularly after Nike shifted its distribution model away from wholesale partnerships, impacting Foot Locker's sales [6]. Market Share Impact - The acquisition will increase Dick's market share by 4.3 percentage points, building on its existing 11.1% share [7]. - Combined, Nike could represent 30% to 35% of the sales for both Dick's and Foot Locker, reinforcing the strategic importance of this acquisition for Nike [6][9]. Analyst Perspectives - Analysts express mixed views on the acquisition, with some highlighting the potential for value creation while others caution against the historical challenges of retail mergers [10].

Core Points - AGM Group Holdings Inc. announced a share consolidation on a 50 for 1 ratio, effective June 3, 2025, to comply with Nasdaq's minimum bid price requirement [1][2] - The consolidation will automatically convert every 50 ordinary shares into one ordinary share, with no fractional shares issued [3] - The maximum number of authorized shares will be reduced from 400 million to 8 million, with changes in par value for Class A and Class B shares [4] Company Overview - AGM Group Holdings Inc. is an integrated technology company focused on high-performance hardware and computing equipment, particularly in the blockchain ecosystem [5]

TORONTO, May 8, 2025 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") announces that, following the requisite approval of the Company's shareholders at the 2025 Annual General and Special Meeting of Shareholders held earlier today, the Company's board of directors has approved the consolidation (the "Consolidation") of the Company's issued and outstanding common shares (the "Common Shares") on the basis of one (1) post-Consolidation Common Share for every three ( ...

NANPING, China, May 6, 2025 /PRNewswire/ -- Golden Heaven Group Holdings Ltd. ("Golden Heaven" or the "Company") (Nasdaq: GDHG), an amusement park operator in China, today announced that the Company's board of directors approved on April 23, 2025 that the authorized, issued, and outstanding shares of the Company be consolidated on a 25 for 1 ratio with the marketplace effective date of May 9, 2025.The objective of the share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace ...

Premium Announces Intention to List on the NASDAQ and Provides Details for Upcoming Annual General & Special MeetingMay 06, 2025 9:10 AM EDT | Source: Premium Resources Ltd.Toronto, Ontario--(Newsfile Corp. - May 6, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") announces that the Company's 2025 Annual General and Special Meeting of Shareholders (the "AGSM") will be held in-person at 15th Floor, 1111 West Hastings Street, Vancouver, BC, V6E 2J3, on Tues ...

Not for distribution by US newswire or in United States TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- VAXIL BIO LTD. (“Vaxil” or the “Company”) (TSX VENTURE: VXL), is pleased to make the following updates regarding the Company’s activities. Vaxil announces that it will be consolidating all of the issued and outstanding common shares of the Company ("Common Shares") on the basis of one (1) post consolidation Common Share for each fifty (50) pre consolidation Common Shares (the "Consolidation"). The Corporatio ...

VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- Rio Silver Inc. (“Rio Silver” or the “Company”) (TSX.V: RYO) (OTC: RYOOF), announces that it has completed a definitive agreement (the “Option Agreement”) with Magma Silver Corp. (TSX.V: MGMA) (“Magma Silver”) for the sale (the “Transaction”) of the Niñobamba Au-Ag property (“Niñobamba” or the “Project”). Under the terms of the Option Agreement, Magma Silver has the right to earn a 100% interest in the Project upon full exercise of the option. Th ...

TORONTO, May 01, 2025 (GLOBE NEWSWIRE) -- Montero Mining and Exploration Ltd. (TSX-V: MON) (OTCPK: MXTRF) (“Montero” or the “Company”) announces that, further to its press release dated April 16, 2025, the TSX Venture Exchange (“TSXV”) has approved the Company’s proposed consolidation (the “Consolidation”) of its common shares (“Common Shares”) on the basis of six (6) pre-Consolidation Common Shares for one (1) post-Consolidation Common Shares. The Common Shares will commence trading on the TSXV on a post-C ...