MONTREAL, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Senvest Capital Inc. (the “Corporation”) (TSX: SEC) announced today the acceptance by the Toronto Stock Exchange (the “TSX”) of the Corporation’s notice of intention to make a normal course issuer bid (the “NCIB”). Pursuant to the NCIB, the Corporation proposes to purchase, from time to time, if considered advisable, up to an aggregate of 100,000 of its common shares, being approximately 4.12% of its 2,430,024 issued and outstanding common shares as of August 13, ...

Core Viewpoint - Fundamental Global Inc. is forming a CVR Trust for its common shareholders, providing a special distribution of Contingent Value Rights (CVR) that will entitle holders to future cash distributions and other benefits as the trust liquidates its assets [1][2][3] Group 1: Special Distribution and Trust Formation - Approximately 1.3 million common shareholders will receive a non-transferable CVR, entitling them to an initial cash distribution of $10.00 per common share, expected in September 2025 [2][9] - The CVR Trust will include cash, cash equivalents, and net assets from various operating businesses and equity holdings [6][9] - Future distributions from the CVR Trust may be in cash or in-kind securities as assets are monetized over time [3][9] Group 2: Strategic Transformation - The company has entered a definitive agreement for a $200 million private placement to support its strategic transformation, which includes a name change to FG Nexus Inc. and the implementation of an Ethereum Treasury Strategy [5][7] - The strategic direction focuses on blockchain innovation and the tokenization of real-world assets [5][7] - The company aims to retain approximately $5.00 per share in net asset value through retained holdings and the launch of its new strategy [9]

Group 1 - Aberdeen International Inc. held its 2025 annual general and special meeting of shareholders on July 2, 2025, where the nominees listed in the management information circular were elected as directors [1] - A total of 16,596,310 common shares were voted, representing approximately 10.39% of the issued and outstanding common shares of the Company [2] - The election results showed that all nominated directors received a high percentage of votes in favor, with Bernard Wilson and Fred Leigh each receiving 96.041% of votes for, while Gregory Biniowsky received 96.051% [3] Group 2 - Shareholders also approved the appointment of McGovern Hurley LLP as the Company's auditors and the second amended and restated stock option plan [3] - Aberdeen is identified as a global resource investment company and merchant bank, focusing on small capitalization companies in the rare metals and renewable energy sectors [4]

Group 1 - Senvest Capital Inc. held its annual meeting of shareholders on June 20, 2025, where voting results were announced [1] - Six director nominees proposed by management were elected with overwhelming support, achieving over 99% of votes in favor [2] - PricewaterhouseCoopers LLP was reappointed as the Corporation's auditors [3] Group 2 - Senvest and its subsidiaries are involved in various business activities including merchant banking, asset management, real estate, and electronic security [4]

Group 1 - Aberdeen International Inc. announced the resignation of Ryan Ptolemy as the chief financial officer and corporate secretary, effective immediately [1] - The board and management expressed gratitude for Mr. Ptolemy's services and contributions to the company [1] Group 2 - Aberdeen is a global resource investment company and merchant bank focused on small capitalization companies in the rare metals and renewable energy sectors [2]

Core Viewpoint - Aberdeen International Inc. announces the resignation of General (ret'd) Lewis MacKenzie from its board of directors, expressing gratitude for his contributions and wishing him well in future endeavors [1]. Company Overview - Aberdeen International Inc. is a global resource investment company and merchant bank that focuses on small capitalization companies in the rare metals and renewable energy sectors [2].

Core Viewpoint - Fundamental Global Inc. has made significant strides in consolidating its operations and improving its financial performance through strategic mergers and asset sales in 2024 [2][4]. Financial Highlights - Total assets increased to $109.5 million as of December 31, 2024, up by $47.3 million from the previous year [5]. - Stockholders' equity rose to $74.2 million, reflecting an increase of $37.2 million from December 31, 2023 [6]. - Revenue for 2024 was $17.3 million, a 1.5% increase from the previous year, with managed services revenue growing by 20.7% to $32.0 million [7]. - The net loss attributable to common shareholders improved to $2.6 million from a loss of $14.1 million in the prior year, primarily due to a $21.8 million gain on the sale of Strong/MDI [8][9]. Operational Highlights - The company completed three merger transactions in 2024, including the merger with FG Group Holdings Inc. and Strong Global Entertainment, aimed at reducing operating costs and streamlining operations [5]. - A portion of the reinsurance business was agreed to be sold for $5.6 million, expected to close in the first half of 2025 [2]. - The company successfully monetized its Digital Ignition facility and sold its Strong/MDI Screen Systems subsidiary for approximately $30 million [5]. Balance Sheet Overview - As of December 31, 2024, total liabilities were $35.3 million, an increase from $25.1 million in the previous year [15]. - Short- and long-term debt decreased to $2.4 million, down by $5.4 million from December 31, 2023 [7]. - Cash and cash equivalents increased to $7.8 million from $6.0 million in the previous year [21]. Shareholder Information - The weighted average common shares outstanding increased to 1,265 million due to the merger with FG Group Holdings [19]. - The net loss per common share improved to $2.43 from $35.22 in the prior year, reflecting the company's improved financial performance [9].