Akanda Corp. Announces Closing of Share Exchange with First Towers and Fiber Corp.August 22, 2025 4:15 PM EDT | Source: Akanda CorpFirst Towers develops, constructs and owns telecommunications infrastructure in MexicoAkanda Reaffirms its Continued Focus on the Growth of its Pre-Revenue Canadian Farming Property in British Columbia, at which the Company Plans to Develop THC and CBD FacilitiesToronto, Ontario--(Newsfile Corp. - August 22, 2025) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Com ...

OLD GREENWICH, Conn., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Hudson Global, Inc. (Nasdaq: HSON, HSONP) (“Hudson Global” or “the Company”), a leading global total talent solutions company, announced today that its Board of Directors declared a partial cash dividend of $0.025 per share to holders of the Company’s 10% Series A Cumulative Perpetual Preferred Stock (“Hudson Preferred Stock”). This dividend covers the period commencing with the Hudson Preferred Stock’s issuance on August 22, 2025. The record date for ...

RESTON, Va., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) is scheduled to issue its second quarter fiscal year 2026 results before market open on Thursday, September 4, 2025. SAIC executive management will discuss operational and financial results in a conference call beginning at 10:00 a.m. Eastern time, following the issuance of the company’s earnings press release.  The conference call will be webcast simultaneously to the public through a link on the Investor ...

Core Insights - Standard Premium Finance Holdings, Inc. projects record net income exceeding $1 million for fiscal year 2025, marking a 13% year-over-year increase [2][3] - The company anticipates a 15% growth in its loan portfolio, reaching over $75 million by the end of 2025 [2][4] - Return-on-equity is expected to surpass 15%, with basic earnings per share projected at $0.34 [2] Financial Performance - The company achieved record profitability in fiscal year 2024, which has continued into the first half of 2025 [4] - Improved funding costs and disciplined expense management have contributed to the positive outlook [4] - Preferred dividends are expected to remain fully up-to-date at 7% [2] Strategic Positioning - The CEO highlights the milestone of crossing the $1 million earnings mark as a result of strategic expansion and operational efficiencies [3] - The CFO emphasizes the strength of the company's capital strategy and cost management initiatives in meeting growth targets [5] - Standard Premium has financed over $2 billion in property and casualty insurance policies since 1991 and operates in 38 states [5]

Core Insights - RE/MAX Holdings, Inc. has appointed Vic Lombardo as President of Mortgage Services to enhance technology and customer-first initiatives for Motto Mortgage franchisees and RE/MAX Broker/Owners [1][2] - Lombardo brings over 30 years of experience in the mortgage and real estate industry, previously serving as COO at Guaranteed Rate Affinity [2][3] - The appointment aims to drive growth and operational efficiency in the company's mortgage services, including Motto Mortgage and wemlo, a digital mortgage processing solution [1][4] Company Overview - RE/MAX Holdings, Inc. is a leading franchisor in the real estate industry, operating under the RE/MAX® brand globally and the Motto® Mortgage brand in the U.S. [7] - The company was founded in 1973 and has grown to over 140,000 agents in nearly 9,000 offices across more than 110 countries [7] - Motto Mortgage, launched in 2016, is the first national mortgage brokerage franchise brand in the U.S., with over 210 open offices in more than 40 states [8] Leadership Transition - Lombardo's role was created following the retirement of Ward Morrison in June [2] - He will report directly to RE/MAX Holdings CEO Erik Carlson and is expected to contribute significantly to the Executive Leadership Team [2][4] - Lombardo expressed enthusiasm for scaling the growth of Motto and enhancing the customer experience [4] Inducement Grant - The company announced an inducement award of 75,000 restricted stock units (RSUs) to Lombardo, which will vest in equal installments on March 1 for the years 2026, 2027, and 2028 [5][6] - This award was granted outside of the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan but will be governed as if issued under the Plan [6]

BETHLEHEM, Pa., Aug. 15, 2025 (GLOBE NEWSWIRE) -- On August 13, 2025, Embassy Bancorp, Inc. (OTCQX: EMYB) (the “Company”) filed its Quarterly Report on Form 10-Q for the period ended June 30, 2025, a copy of which can be found at https://investors.embassybank.com/sec-filings/documents/default.aspx. Highlights of the filing, which includes consolidated financial information of the Company and Embassy Bank For the Lehigh Valley (the “Bank”), the Company’s wholly owned subsidiary, include: Cash and cash equiva ...

Core Points - Collective Metals Inc. has successfully closed a non-brokered private placement, issuing 4,368,333 units at a price of $0.06 per unit, resulting in total gross proceeds of $262,099.98 [1] - Each unit consists of one common share and one transferable common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.08 for 24 months [1] - The proceeds from the offering will be utilized for general working capital purposes [2] Related Party Transaction - The offering is classified as a "related party transaction" as a director of the company subscribed for 200,000 units for $12,000 [3] - The company relied on exemptions from certain requirements of Multilateral Instrument 61-101 due to the fair market value of the securities issued not exceeding 25% of the company's market capitalization [3] - A material change report was not filed regarding the insider's participation as it was not determined prior to the offering's closing [3] Securities and Regulations - Shares issued under the offering will be subject to a statutory hold period of four months and one day from the issuance date [4] - The securities have not been registered under the U.S. Securities Act of 1933 and cannot be offered or sold in the U.S. without registration or an exemption [5] Company Overview - Collective Metals Inc. specializes in precious metals exploration in North America, with the Whitemud Project comprising 381 mining claims over 7,775 hectares [6]

Company Overview - Brooge Energy Limited (BEL) is a Cayman Islands-based infrastructure provider engaged in Clean Petroleum Products, Biofuels, and Crude Oil storage and related services [5] - The company operates through its subsidiary BPGIC FZE, strategically located at the Port of Fujairah in the UAE, outside the Strait of Hormuz [5] - BEL differentiates itself by offering fast order processing, excellent customer service, and high accuracy blending services with low product losses [5] Transaction Details - The transaction with GulfNav is proceeding as planned, with expectations for closing in the fourth quarter of 2025 [1] - The consideration from the GulfNav transaction will be distributed to shareholders of record as of August 29, 2025, with specific distributions based on residency [2][3] - Shareholders outside the U.S. must register their shares with Continental Stock Transfer & Trust before the Record Date to receive their distribution in the form of GulfNav securities or U.S. dollars [3] Distribution Expectations - The exact amounts of the distribution from the GulfNav transaction have not been finalized, but it is anticipated that most of the consideration will be distributed after reserving for anticipated liabilities [4] - Future distributions from BEL are unlikely to occur after this transaction [4]

Performance Update - Bread Financial Holdings, Inc. reported a net loss rate of 7.6% for July 2025, down from 8.0% in July 2024, indicating an improvement in credit performance [1] - The delinquency rate decreased to 5.8% as of July 31, 2025, compared to 6.2% a year earlier, reflecting better loan management [1] - Net principal losses for July 2025 were $114 million, a slight decrease from $120 million in July 2024 [1] Company Overview - Bread Financial is a tech-forward financial services company that offers personalized payment, lending, and saving solutions to millions of U.S. consumers [2] - The company provides general purpose credit cards and savings products, aiming to empower customers and enhance their quality of life [2] - Bread Financial also supports growth for recognized brands in various sectors through private label and co-brand credit cards [2]

Core Viewpoint - Atlanticus Holdings Corporation has successfully priced an offering of $400 million aggregate principal amount of 9.750% Senior Notes due 2030, expected to be issued on August 20, 2025, subject to customary closing conditions [1]. Group 1: Offering Details - The offering consists of $400 million in Senior Notes with a 9.750% interest rate, maturing in 2030 [1]. - The proceeds from the offering will be used to repay amounts under recourse warehouse facilities, for general corporate purposes, and to pay fees and expenses related to the offering [2]. Group 2: Regulatory Compliance - The Notes are being offered to "qualified institutional buyers" under Rule 144A and to certain non-U.S. persons outside the United States in accordance with Regulation S [3]. - The Notes and related guarantees have not been registered under the Securities Act and cannot be sold in the U.S. without registration or an exemption [3]. Group 3: Company Overview - Atlanticus Holdings Corporation provides inclusive financial services through proprietary analytics, having serviced over 20 million customers and originated over $44 billion in consumer loans over 25 years [5]. - The company offers various consumer loan products, including retail and healthcare private label credit and general-purpose credit cards, through an omnichannel platform [5].