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PHOTOCAT has today applied for a transfer of its trading venue from Nasdaq First North Growth Market to Spotlight Stock Market.
Globenewswire· 2025-07-18 15:00
Core Viewpoint - Photocat is applying to transfer its trading venue from Nasdaq First North Growth Market to Spotlight Stock Market to optimize its listing environment and enhance shareholder value [1][3]. Group 1: Strategic Decision - The transfer to Spotlight Stock Market is a strategic move aimed at providing financial benefits and a more tailored platform for Photocat's growth trajectory [1][2]. - The Board of Directors has thoroughly evaluated the decision and believes that Spotlight is the ideal platform for the company's next growth phase [3]. Group 2: Financial Advantages - Listing on Spotlight Stock Market is part of a cost-saving program to strengthen the company's financial position [4]. - Spotlight Stock Market offers enhanced liquidity potential and dedicated support for growth companies, which is attractive for Photocat [2][4]. Group 3: Company Background - Photocat is a leader in sustainable solutions, focusing on photocatalysis to improve air quality [5]. - The company's shares are currently listed on Nasdaq Stockholm, First North, under the ticker symbol PCAT [5].
ReGen III Closes $1.75 Million Private Placement
Newsfile· 2025-07-14 04:01
Core Points - ReGen III Corp. has successfully closed a non-brokered private placement, issuing 8,750,000 Units at a price of $0.20 per Unit, resulting in gross proceeds of $1,750,000 [1][2] Group 1: Private Placement Details - Each Unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional share at an exercise price of $0.45 for two years [2] - Insiders purchased 3,380,000 Units, representing 38.63% of the total Units issued, which translates to approximately 2.51% of the issued common shares post-placement [4] - The net proceeds from the offering are intended for general corporate purposes and working capital, with the offering subject to final approval from the Exchange [3] Group 2: Debt Settlement and Corporate Strategy - The Company has received approval to settle certain debts by issuing 221,972 common shares at a deemed price of $0.2034 per share, with a hold period until November 12, 2025 [10] - The CEO expressed gratitude to shareholders and highlighted the strong insider participation as a sign of confidence in the Company's technology and market potential [6] Group 3: Company Overview and Future Plans - ReGen III specializes in upcycling used motor oil into high-value Group III base oils, aiming to reduce CO2e emissions by 82% compared to virgin crude-derived base oils [11] - The Company has completed FEL2 and value engineering for its Texas recycling facility, positioning itself to become the largest producer of sustainable re-refined Group III base oil [12] - ReGen III has engaged Couloir Capital Ltd. for investor-focused equity research coverage, paying a one-time fee of $45,000 for three reports [7]
Arcadis’ shareholders appoint Robert Swaak to the Supervisory Board
Globenewswire· 2025-07-10 11:30
Core Points - Arcadis' shareholders have appointed Robert Swaak to the Supervisory Board for a four-year term, continuing through the 2029 annual General Meeting [1][2] - Swaak will join the Audit and Risk Committee, the Sustainability Committee, and the Remuneration Committee, succeeding Deanna Goodwin as Chair of the Audit and Risk Committee upon her retirement in 2026 [2] - Michiel Lap, Chair of the Supervisory Board, expressed confidence in Swaak's leadership and alignment with Arcadis' mission of improving quality of life through sustainable solutions [3] Company Overview - Arcadis is recognized as the world's leading company in delivering data-driven sustainable design, engineering, and consultancy solutions for natural and built assets [4] - The company employs over 35,000 professionals and reported gross revenues of €5.0 billion for 2024, emphasizing its commitment to sustainability and quality of life improvement [4]
Bulletin from the Annual General Meeting of Alfa Laval AB (publ)
Prnewswire· 2025-04-29 15:56
Core Points - The Annual General Meeting of Alfa Laval AB was held on April 29, 2025, where the Chairman and CEO presented the company's performance and strategic direction for the future [1][2] Financial Performance - The year 2024 was marked by record high invoicing and order intake, driven by strong demand for sustainable solutions across all divisions [2] - The income statement and balance sheet for 2024 were approved by the Annual General Meeting [3] Dividend Declaration - A dividend of SEK 8.50 per share was resolved, with a record date of May 2, 2025, and payment expected on May 7, 2025 [4] Board of Directors - The number of Board members was set to ten, with Dennis Jönsson re-appointed as Chairman [5][6] - Annica Bresky was elected as a new member of the Board, with all members elected for the term until the end of the 2026 Annual General Meeting [6] Auditors - The Annual General Meeting re-elected Andreas Troberg and Hanna Fehland as auditors, with Henrik Jonzén and Andreas Mast as deputy auditors for the upcoming year [7] Compensation - Compensation for the Board was set at SEK 2,190,000 for the Chairman and SEK 730,000 for other non-employee members, along with specific amounts for Audit and Remuneration Committee members [8]