NEW YORK, May 23, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Iovance Biotherapeutics, Inc. (NASDAQ: IOVA) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Iovance you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/iovance-biotherapeutics-inc-class-action-lawsuit. Investors have until July 14, 20 ...

Company Overview - Evaxion A/S is a clinical-stage TechBio company that specializes in developing AI-Immunology™ powered vaccines [4] - The company utilizes proprietary AI prediction models to decode the human immune system and create novel immunotherapies for cancer, bacterial diseases, and viral infections [4] - Evaxion has a clinical-stage oncology pipeline of personalized vaccines and a preclinical pipeline targeting infectious diseases with high unmet medical needs [4] Upcoming Events - Evaxion will provide a business update and report its first quarter 2025 financial results on May 27, 2025, before the opening of Nasdaq CM [1] - The Executive Management will host a conference call and webcast on the same day at 14:30 CET/08:30 EST, which is free and open to the public [2] - Participants can register in advance to receive dial-in numbers and a unique PIN code for the conference call [2] Communication and Contact - Mads Kronborg is the Vice President of Investor Relations & Communication at Evaxion, and can be contacted at +45 53 54 82 96 or via email at mak@evaxion.ai [4]

ATHENS, Greece, May 22, 2025 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS) (the “Company”), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its first quarter operating and financial results for the period ended March 31, 2025 before the market opens in New York on May 28, 2025. On May 28, 2025 at 10:00 am ET, the company’s management will host a conference call to discuss the results and the company’s op ...

Core Viewpoint - Seanergy Maritime Holdings Corp. is set to release its financial results for the first quarter ended March 31, 2025, on May 27, 2025, before the market opens in New York [1]. Group 1: Financial Results Announcement - The financial results will be announced prior to the market opening on May 27, 2025 [1]. - A conference call and simultaneous Internet webcast will be held on the same day at 09:00 a.m. Eastern Time to review these results [2]. Group 2: Company Overview - Seanergy Maritime Holdings Corp. is a prominent pure-play Capesize shipping company publicly listed in the U.S. [5]. - The company operates a modern fleet consisting of 21 vessels, including 2 Newcastlemax and 19 Capesize vessels, with an average age of approximately 13.9 years and a total cargo carrying capacity of about 3,803,918 dwt [5]. - The company is incorporated in the Republic of the Marshall Islands and has executive offices in Glyfada, Greece, with its common shares trading on the Nasdaq Capital market under the symbol "SHIP" [6].

Core Viewpoint - BingEx Limited, a leading on-demand dedicated courier service provider in China, reported its unaudited financial results for Q1 2025, highlighting a strategic focus on enhancing service quality and expanding market penetration, particularly in lower-tier cities [1][3]. Financial Performance - Revenues for Q1 2025 were RMB 960.8 million (US$ 132.4 million), a decrease from RMB 1,107.7 million in Q1 2024, primarily due to a decline in order volume amid intensified market competition [4][8]. - Gross profit was RMB 126.7 million (US$ 17.5 million), compared to RMB 130.3 million in the same period of 2024, with a gross profit margin of 13.2%, up from 11.8% year-over-year [5][8]. - The company reported a net loss of RMB 10.3 million (US$ 1.4 million) in Q1 2025, a significant decline from a net income of RMB 64.6 million in Q1 2024 [10][11]. Operating Expenses - Total operating expenses increased by 27.0% to RMB 116.7 million (US$ 16.1 million) from RMB 91.9 million in Q1 2024 [5]. - Selling and marketing expenses rose by 10.0% to RMB 49.3 million (US$ 6.8 million), attributed to higher share-based compensation and staff costs [6]. - General and administrative expenses surged by 46.9% to RMB 37.9 million (US$ 5.2 million), mainly due to increased professional fees and share-based compensation [7]. Operational Metrics - The number of orders fulfilled in Q1 2025 was 58.0 million [8]. - Cash and cash equivalents, along with restricted cash and short-term investments, totaled RMB 787.2 million (US$ 108.5 million) as of March 31, 2025 [12]. Strategic Focus - The company emphasized a user-centric approach to deepen understanding of diverse user needs and preferences, while exploring innovative cross-industry collaborations to enhance brand awareness [3]. - The commitment to advancing the on-demand, dedicated courier model aims to deliver a more convenient and reliable experience to a broader user base [3].

Group 1: Kohl's Corporation (NYSE: KSS) - Kohl's CEO was terminated for violating company policy related to undisclosed conflicts of interest in vendor transactions [2] - The CEO directed the company to conduct business with a vendor he had a personal relationship with, resulting in favorable terms for the vendor [2] - Following the CEO's termination, Kohl's stock experienced a significant drop on unusually heavy trading volume [2] Group 2: Cleveland-Cliffs Inc. (NYSE: CLF) - Cleveland-Cliffs reported a larger than expected adjusted loss and an 11% year-over-year revenue decline to $4.63 billion for Q1 2025 [3] - The company announced plans to fully or partially idle six steel plants due to underperforming non-core assets and lower index prices [3] - Cleveland-Cliffs' share price fell from $8.49 to $7.15 following the financial results announcement, a decline of $1.34 per share [3]

ATHENS, Greece, May 21, 2025 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of LNG carriers, today announced that it will release its financial results for the first quarter ended March 31, 2025, before market opens in New York on Tuesday, May 27, 2025. The Partnership will not host a conference call to present its results for the three-month period. However, Dynagas LNG Partners remains committed to providing full transparency thr ...

Core Viewpoint - Five Below, Inc. is set to release its financial results for the first quarter of fiscal 2025 on June 4, 2025, followed by a conference call to discuss these results [1][2]. Company Overview - Five Below is a high-growth value retailer that offers trend-right, high-quality products primarily targeted at tweens and teens, with most items priced between $1 and $5, and some extreme value items priced above $5 [4][5]. - The company operates over 1,800 stores across 44 states in the U.S. and aims to provide an engaging shopping experience filled with a variety of product categories [5]. Financial Communication - A live audio webcast of the upcoming conference call will be available online, and a replay will be accessible shortly after the call concludes [2]. - Investors and analysts are encouraged to join the call by dialing in approximately 10 minutes before it starts [2].

Core Insights - ReShape Lifesciences Inc. is progressing towards completing a merger with Vyome Therapeutics and an asset purchase agreement with Biorad Medisys, which are expected to enhance its market position and operational capabilities [3][4][6]. Financial Performance - For Q1 2025, ReShape reported revenue of $1.1 million, a decrease of 42.7% or $0.8 million compared to Q1 2024, primarily due to reduced sales volume influenced by GLP-1 pharmaceutical weight-loss alternatives and a pause in direct-to-consumer marketing [8]. - Gross profit for the same period was $0.7 million, with a gross profit margin of 61.2%, up from 59.9% in Q1 2024, attributed to lower overhead costs [9]. - Sales and marketing expenses decreased by 48.1% to $0.5 million, while general and administrative expenses fell by 13.1% to $1.6 million, reflecting cost-saving measures [10][11]. - Research and development expenses also decreased by 24.8% to $0.4 million [12]. - The company recorded a gain of $3.7 million on changes in the fair value of liability warrants during Q1 2025 [14]. Strategic Developments - The merger with Vyome will result in the combined entity being renamed Vyome Holdings, Inc., with a focus on advancing immuno-inflammatory assets and exploring opportunities between the U.S. and India [3][6]. - ReShape has expanded its product portfolio through a distribution agreement with Motion Informatics for neuromuscular rehabilitation devices and a new distribution agreement for the enhanced Lap-Band 2.0 FLEX in Canada [6][7]. - The company has received multiple Notices of Allowance from the USPTO for patents related to its Diabetes Neuromodulation technology, extending intellectual property protection through at least 2039 [7]. Asset Transactions - ReShape will sell substantially all of its assets, including the Obalon Gastric Balloon System, to Biorad, which will assume most of ReShape's liabilities [5]. - The cash purchase price from the asset sale will contribute to determining post-merger ownership allocation between ReShape and Vyome stockholders [5]. Market Position - ReShape aims to strengthen its leadership in diabetes innovation and expand access to its minimally invasive weight-loss solutions, positioning itself as a key player in the obesity and metabolic health market [6][7].

Core Insights - ECD Automotive Design, Inc. reported financial results for Q1 2025, highlighting a revenue of $6.4 million, a decrease from $7.0 million in the same quarter of 2024, attributed to lower unit volume but offset by higher unit prices [8][9] - The company achieved a gross profit of $1.8 million with a gross margin of 27.5%, an increase of 570 basis points year-over-year, driven by an increase in average selling price [10][7] - ECD signed the largest custom order contract in its history for a Jaguar E-Type GTO valued at $620,000, indicating strong customer demand and a robust design process [4][5] Financial Performance - Revenue for Q1 2025 was $6.4 million, down from $7.0 million in Q1 2024, with lower unit volume slightly offset by higher unit prices [8][9] - Gross profit increased to $1.8 million from $1.5 million year-over-year, with a gross margin of 27.5% [10][8] - Operating expenses rose to $3.7 million in Q1 2025 from $2.5 million in Q1 2024, primarily due to increased general and administrative costs [11][12] Operational Highlights - The company titled 20 vehicles at an average price of $320,000 during the quarter, contributing to a sequential revenue increase [3][4] - ECD opened its first retail "Store within a Store" at One Driver's Club in West Palm Beach, Florida, expanding its market presence [7] - The company is focused on improving its liquidity profile and has taken steps to rationalize public company expenses [6] Market Position - ECD is positioned as the only domestic producer of one-of-one classic luxury restomods, providing a competitive advantage in customization capabilities [5][4] - The company continues to see strong customer demand and opportunities for enhanced profitability through additional customization and operational efficiencies [5][6]