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Alset Inc. Announces Stock Repurchase Program
Globenewswire· 2025-06-23 20:15
BETHESDA, MD, June 23, 2025 (GLOBE NEWSWIRE) -- Alset Inc. (NASDAQ:AEI) ("AEI" or the "Company"), a diversified holding company principally engaged through its subsidiaries in the development of smart and sustainable home communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products, is pleased to announce that its Board of Directors has authorized a new stock repurchase program of up to $1,000,000 of the Company’s outstanding ...
THOR Industries Announces Re-Authorization of $400 Million Share Buyback
Globenewswire· 2025-06-23 20:15
ELKHART, Ind., June 23, 2025 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors has retired the Company’s existing share repurchase authorization which was set to expire on July 31, 2025 and re-authorized the Company to repurchase up to $400 million of its Common Stock. The Company may purchase shares on a discretionary basis from time to time through open market purchases, privately negotiated transactions or other means. The timing and amount of any transacti ...
Apple Reportedly Negotiating to Stave Off EU App Store Fines
PYMNTS.com· 2025-06-23 20:13
Apple is reportedly in eleventh-hour negotiations with European regulators about changes to its App Store.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.As the Financial Times (FT) reported Monday (June 23), the t ...
C3.ai(AI) - 2025 Q4 - Annual Report
2025-06-23 20:10
Financial Performance - The company incurred net losses of approximately $288.7 million, $279.7 million, and $268.8 million for the fiscal years ended April 30, 2025, 2024, and 2023 respectively, resulting in an accumulated deficit of $1.4 billion as of April 30, 2025[174]. - The company expects to continue incurring net losses for the foreseeable future due to substantial investments in customer acquisition and software development[174]. - Increased compliance costs and operational expenses may negatively affect future results if revenue does not increase sufficiently[175]. - Revenue metrics such as net dollar-based retention rate may not accurately indicate future financial results due to dependence on a small number of high-value customer contracts[196]. - A decline in new or renewed subscriptions may have a small immediate impact but will negatively affect future revenue[229]. - The company may require additional financing in the future, which could lead to substantial dilution for existing stockholders if equity is sold[266]. - The company has limited experience in acquisitions and may face challenges in finding suitable candidates or integrating acquired businesses effectively[267]. Revenue and Customer Dynamics - Revenue growth may be adversely impacted by factors such as reduced demand for C3 AI Software, increased competition, and the inability to accurately forecast demand[176]. - A limited number of customers have historically accounted for a substantial portion of revenue, and if these customers do not renew contracts, revenue could decline[177]. - The average total subscription contract value is decreasing as the company expands its customer base beyond a small number of large customers[177]. - Future success depends on the ability to sell additional subscriptions to existing customers and ensure their renewal upon contract expiration[181]. - The company intends to grow its customer base by introducing product offerings with a lower entry price point, but faces risks associated with supporting smaller customers[182]. - The company derives substantially all of its revenue from subscriptions to C3 AI Software and Center of Excellence support services, making market acceptance critical for continued success[184]. - Future revenue growth depends on the ability to establish and maintain successful strategic partner relationships, which requires significant time and resources[202]. Competition and Market Risks - The company faces intense competition from various sources, including larger competitors with broader offerings and innovative startups[187]. - Changes in subscription or pricing models may adversely affect operating results, especially as new competitors enter the market[197]. - The introduction of new AI platforms by competitors could render C3 AI Software obsolete, adversely affecting business and financial condition[210]. - The market for C3 AI Software may not grow as expected, impacting business and financial condition if businesses fail to adopt the software[205]. Operational Challenges - The sales cycles for C3 AI Software can be long and unpredictable, particularly for large subscriptions, which may extend over several years[194]. - Individual large sales can represent a significant portion of overall sales, impacting cash flow and margins, making it difficult to project revenue accurately[195]. - Rapid growth since 2009 has placed significant strain on management and operational resources, which may affect future growth planning[217]. - Recruiting and training qualified sales representatives is resource-intensive, and delays in this process could hinder sales operations[213]. - Marketing and sales efforts must generate significant revenue increases; otherwise, sales growth may be slower than anticipated[214]. Compliance and Regulatory Risks - Compliance with evolving data privacy laws, such as GDPR and CCPA, imposes significant obligations and potential fines for noncompliance[236][240]. - The inability to lawfully transfer personal data across borders may lead to operational disruptions and increased regulatory scrutiny[238]. - The company faces increased compliance costs and potential liabilities due to stringent data protection laws in various jurisdictions[239]. - Future changes in data privacy regulations may require significant adaptations in business practices and contractual arrangements[239]. - The EU AI Act, effective from August 1, 2024, could impose fines of up to €35 million or 7% of the company's total worldwide annual turnover for non-compliance[241]. Cybersecurity and Data Protection - Cybersecurity threats, including ransomware and denial-of-service attacks, are increasing and could disrupt business operations and lead to reputational harm[245]. - The costs associated with responding to a security breach could be significant, potentially leading to unexpected interruptions and negative publicity[248]. - The company may face increased compliance burdens and costs due to rapidly evolving laws and regulations regarding data privacy and security[248]. - The company’s C3 AI Software processes sensitive data, and any security incidents could result in significant legal and financial consequences[244]. Intellectual Property and Legal Risks - The company holds a patent portfolio with 35 issued patents in the U.S. and over 60 pending applications, indicating a strong focus on intellectual property protection[297]. - The company may incur substantial indemnity payments due to intellectual property infringement claims, which could harm its financial results[296]. - The company faces potential legal risks related to the use of third-party open source software, which could lead to significant legal expenses and damages[298]. - The enforceability of the Apache License, Version 2.0, under which components of the C3 AI Software are provided, could negatively impact the company's software development and licensing model[302]. Market and Stock Performance - The trading price of the company's Class A common stock has been volatile, influenced by various factors including market fluctuations and sales by stockholders[304]. - The dual class structure of the company's common stock concentrates voting control with Class B stockholders, limiting the influence of Class A stockholders on corporate matters[309]. - Substantial future sales of Class A and Class B common stock could depress the market price of Class A common stock[312]. - The company may not be included in certain stock indices due to its dual class capital structure, potentially affecting its attractiveness to investors[311]. Foreign Operations and Currency Risks - The company is exposed to risks associated with fluctuations in foreign currency exchange rates as it expands international operations[258]. - 6% of revenue for the fiscal years ended April 30, 2025 and 2024 were denominated in currencies other than U.S. dollars[258]. - 7% of expenses for the fiscal years ended April 30, 2025 and 2024 were denominated in currencies other than U.S. dollars[258]. - A hypothetical 10% change in foreign currency exchange rates may result in a material impact on consolidated financial statements[465]. Miscellaneous Risks - Legal proceedings may arise that could negatively impact the company's business and financial condition[328]. - Catastrophic events could disrupt the company's operations, particularly given its location in a seismically active region[329]. - The company is subject to significant legal, accounting, and compliance costs as a public company, which may impact its financial condition[321].
Terns Pharmaceuticals Presents Positive Data from Phase 1 Study of TERN-601 Once-daily Oral GLP-1R Agonist for Treatment of Obesity at 85th Annual American Diabetes Association Scientific Sessions
Globenewswire· 2025-06-23 20:07
Phase 1 clinical study of TERN-601 demonstrated differentiated profile in 28-day study; topline data were presented in September 2024 Phase 2 FALCON clinical trial of TERN-601 completed enrollment; 12-week data expected in 4Q 2025 FOSTER CITY, Calif., June 23, 2025 (GLOBE NEWSWIRE) -- Terns Pharmaceuticals, Inc. (“Terns” or the “Company”) (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of small-molecule product candidates to address serious diseases, including oncology and ...
EGH Acquisition Corp Unit(EGHAU) - 2025 Q1 - Quarterly Report
2025-06-23 20:06
Table of Contents | UNITED STATES | | | --- | --- | | SECURITIES AND EXCHANGE COMMISSION | | | Washington, D.C. 20549 | | | FORM 10-Q | | | (MARK ONE) | | | ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF | | | 1934 | | | For the quarterly period ended March 31, 2025 | | | ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF | | | 1934 | | | For the transition period from | to | | Commission File Number: 001-42636 | | | EGH ACQUISITION CO ...
DMRC DEADLINE: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Digimarc Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – DMRC
GlobeNewswire News Room· 2025-06-23 20:06
NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Digimarc Corporation (NASDAQ: DMRC) between May 3, 2024 and February 26, 2025, both dates inclusive (the “Class Period”), of the important July 8, 2025 lead plaintiff deadline. SO WHAT: If you purchased Digimarc securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WH ...
Travel Smarter This Summer: KAYAK Reveals Flight Delay Hotspots and Travel Hacks
GlobeNewswire News Room· 2025-06-23 20:05
STAMFORD, Conn., June 23, 2025 (GLOBE NEWSWIRE) -- With summer travel season in full swing, KAYAK has released new insights to help travelers avoid one of the most frustrating parts of flying: delays. Drawing from summer flight data last year, KAYAK's latest analysis pinpoints the most delay-prone times during the day, worst days and busiest airports – plus expert tips on how to fly smarter right now. Key Findings: JFK (New York), CLT (Charlotte), and MIA (Miami) reported the highest percentage of delays am ...
亚振家居股份有限公司董事会关于自然人吴涛要约收购事宜致全体股东报告书
上市公司名称:亚振家居股份有限公司 登录新浪财经APP 搜索【信披】查看更多考评等级 注册地址:江苏省南通市如东县曹埠镇亚振桥 办公地址:江苏省南通市如东县曹埠镇亚振桥 股票上市地点:上海证券交易所 联系人:黄周斌 联系电话:0513-84296002 收购人名称:吴涛 通讯地址:济南市历城区**** 独立财务顾问名称:民生证券股份有限公司 股票简称:*ST亚振 股票代码:603389 董事会报告书签署日期:二〇二五年六月 有关各方及联系方式 上市公司名称:亚振家居股份有限公司 联系地址:江苏省南通市如东县曹埠镇亚振桥 联系地址:中国(上海)自由贸易试验区浦明路8号 联系人:赵勇、丁小园 联系电话:021-80508627 董事会声明 一、本公司全体董事确信本报告不存在任何虚假记载、误导性陈述或重大遗漏,并对其内容的真实性、 准确性、完整性负个别的和连带的责任; 二、本公司全体董事已履行诚信义务,向股东所提出的建议是基于公司和全体股东的整体利益客观审慎 做出的; 三、本公司全体董事没有任何与本次收购相关的利益冲突。 释义 本报告书中,除非另有说明,下列简称具有如下特定意义: ■ 注:本报告书中部分合计数与各分 ...
上海国际港务(集团)股份有限公司第三届董事会第五十六次会议决议公告
证券代码:600018 证券简称:上港集团 公告编号:临2025-028 上海国际港务(集团)股份有限公司 第三届董事会第五十六次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏,并对其内容 的真实性、准确性和完整性承担法律责任。 上海国际港务(集团)股份有限公司(以下简称:"上港集团"或"公司")第三届董事会第五十六次会议 于2025年6月23日以通讯方式召开。会议通知和材料已于2025年6月13日以书面、电子邮件等方式发出, 会议应参加表决董事11名,实际参加表决董事11名。公司监事、董事会秘书、总审计师列席了会议,会 议符合《公司法》、《公司章程》及相关法律、法规的要求。会议经全体董事认真审议,一致通过以下 议案: 一、审议通过了《关于上港物流为下属全资子公司上港保税出具担保函的议案》。 董事会同意根据上海国际能源交易中心股份有限公司(以下简称:"能源中心")相关规定,由上港集团 全资子公司上港集团物流有限公司(以下简称:"上港物流")为其下属全资子公司上海上港保税仓储管 理有限公司(以下简称:"上港保税")向能源中心申请指定期货交割库(国际铜期货库容1万吨) ...