Nyxoah Announces First U.S. Commercial Patients Implanted with Genio® System
Early Commercial Launch Demonstrates Strong Physician Demand, Successful Pre-Authorizations, and Widespread Payor Coverage
Mont-Saint-Guibert, Belgium – October 6, 2025 7:00 CET / 1:00 ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH), a medical technology company that develops breakthrough treatment alternatives for Obstructive Sleep Apnea (OSA), today announced that the first U.S. commercial patients have been successfully implanted with the Genio® system following FDA approval.
"We are thrilled to announce that the first commercial patients have now received Genio implants, marking a significant milestone in bringing this innovative therapy to OSA patients in the U.S.," said Olivier Taelman, Chief Executive Officer. "Importantly, we have trained surgeons, obtained Value Analysis Committee (VAC) approvals and achieved successful coverage from major payors including CMS. What's also particularly encouraging is the strong demand we're seeing from physicians, with surgeons actively reaching out for training opportunities, many of whom already have patients lined up for implants. These early leading indicators give us confidence that we're building the right foundation for the sustained adoption of Genio moving forward.”
Andrew T. Huang, MD FACS, Director of Sleep Surgery at Baylor College of Medicine implanted the first Genio devices at Townsen Memorial Health System in Houston, TX. “I am excited to not only be the first surgeon to perform Genio® implants commercially in the United States but to have completed my first five in one week. It was awesome to see the powerful and symmetric tongue protrusion at the end of each procedure. Like with any new procedure, there is a learning curve, but I’m excited to say the cases took me the same amount of time as my first unilateral HGN implants. The Genio system provides a solution for my patients who do not want two incisions, an implanted battery, and those where bilateral stimulation may be more beneficial to their airway anatomy.,” commented Dr. Huang. “Obstructive sleep apnea continues to represent a significant health burden in our country, and expanding access to new therapeutic options is essential. I am happy this therapy is now available in the US and am honored to help improve access to Genio Therapy by offering it to my patients and helping to train more providers on this amazing procedure.”
The Company is tracking the following metrics which it believes will serve as leading indicators of future revenue growth:
Number of surgeons trained; Number of value analysis committee submissions made; Number of prior authorization submissions; andNumber of accounts opened. About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat OSA. Nyxoah’s lead solution is the Genio system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.
Following the successful completion of the BLAST OSA study, the Genio system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext Brussels in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company announced positive outcomes from the DREAM IDE pivotal study and U.S. FDA approval of a Premarket Approval application.
For more information, please visit http://www.nyxoah.com/.
Caution – CE marked since 2019. FDA approved in August 2025 as prescription-only device.
FORWARD-LOOKING STATEMENTS
Certain statements, beliefs and opinions in this press release are forward-looking, which reflect the Company’s or, as appropriate, the Company directors’ or managements’ current expectations regarding the Genio system; planned and ongoing clinical studies of the Genio system; the potential advantages of the Genio system; Nyxoah’s goals with respect to the development, regulatory pathway and potential use of the Genio system; the Company's commercialization strategy and entrance to the U.S. market; the Company’s intellectual property portfolio; and the Company's results of operations, financial condition, liquidity, performance, prospects, growth and strategies. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. Additionally, these risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the “Risk Factors” section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2024, filed with the Securities and Exchange Commission (“SEC”) on March 20, 2025, and subsequent reports that the Company files with the SEC. A multitude of factors including, but not limited to, changes in demand, competition and technology, or adverse litigation outcomes can cause actual events, performance or results to differ significantly from any anticipated development. Forward looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward-looking statements. As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based, except if specifically required to do so by law or regulation. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.
October 06, 2025 1:00 AM EDT | Source: HIVE Digital Technologies Ltd.
This news release constitutes a "designated news release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024.
San Antonio, Texas--(Newsfile Corp. - October 6, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a diversified multinational digital infrastructure company, is pleased to report its September 2025 production figures and provide an update on the commissioning of its Phase 3 Valenzuela facility.
September 2025 Production Highlights
Bitcoin Produced: 267 BTC (up 8% month-over-month from 247 BTC in August 2025, and up 138% year-over-year from 112 BTC in September 2024)
Average Daily Production: 9 BTC/day
Hashrate: Averaged 19.4 exahash per second ("EH/s"), with a peak of 21.7 EH/s
Fleet Efficiency: 18 joules per Terahash ("J/TH")
BTC per EH/s: 13.8 BTC
Phase 3 Valenzuela Commissioning Ahead of Schedule
HIVE's 100 MW Phase 3 Valenzuela build is nearing completion. Civil works are concluded, hydro containers are installed, and the control center is live. The focus has now shifted to energizing ASICs, with new units being steadily integrated into production.
Hashrate Growth: HIVE's average hashrate rose 19% month-over-month, from 16.3 EH/s in August to 19.4 EH/s in September.
Network Outperformance: This growth outpaced the 16% increase in Bitcoin network difficulty (from 130 trillion to 151 trillion ("T")). These figures are publicly verifiable through Bitcoin block explorers.
Record Production: Despite consecutive all-time high Bitcoin network difficulty, HIVE mined 267 BTC in September - a year-to-date high - underscoring its operational strength.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5335/269179_d1bc245704279b64_001full.jpg
As of today, HIVE's global Bitcoin mining fleet totals 21.8 EH/s, powered entirely by renewable hydroelectric energy. With additional ASICs scheduled to come online in October, HIVE remains on track to scale to 25 EH/s by U.S. Thanksgiving, at an average efficiency of approximately 17.5 J/TH.
Management Commentary
Frank Holmes, Co-Founder and Executive Chairman, commented:
"HIVE's September milestones demonstrate the power of a focused, dual-engine strategy as our global Bitcoin mining fleet now produces over 9 BTC per day. Our executive team was in Paraguay last month and Gabriel Lamas, HIVE's Country President, is doing an outstanding job while Phase 3 Valenzuela continues to advance ahead of schedule. At the same time, BUZZ HPC, under Craig Tavares' leadership, is expanding our AI cloud capabilities and forming strategic partnerships with Bell Canada, Dell Canada, VAST Data and other leading AI companies in Canada to broaden access to enterprise-scale compute. HIVE is a unique Canadian data center company that only sources green hydroelectric energy to power its operations. With data centers spanning 9 time zones, across Canada, Sweden, and Paraguay, we've built a truly global footprint that reflects our commitment to sustainability, capital efficiency, and long-term value creation."
Aydin Kilic, President & CEO, added:
"With construction substantially complete at our Phase 3, 100 MW site in Valenzuela, approximately 50% of the hashrate capacity is now online, with commissioning of the remaining hydro containers well underway. The next wave of ASICs is set for installation next week, keeping us on track for 25 EH/s by American Thanksgiving. With disciplined energy management and optimized fleet efficiency, our current 9 BTC/day production (at Bitcoin network difficulty of 151T) demonstrates the resilience of our Paraguay-based engineering and technical teams. As we approach the successful completion of our targets for 2025, HIVE looks ahead to further expansion in global operations for 2026, with our cash flow from the Bitcoin mining business providing funding and growth for our HPC and GPU AI cloud business. As stewards of capital, our goal is to lead the sector in ROIC to provide value for our shareholders. We are always looking for long-term accretive opportunities, and we believe increased sustainable cash flow is the key to long-term success in these industries."
Future Production and Economics
As previously disclosed, all ASIC purchases for Phase 3 are funded and have shipped. HIVE expects future growth to follow the economics of its Paraguay operations. Each additional exahash increases daily Bitcoin production and revenue potential, while operating costs remain stable with fixed-rate hydroelectric power and minimal labor increases. Power expenses scale with machine usage and align with current cost structures. Results may vary depending on network difficulty and Bitcoin prices.
About HIVE Digital Technologies Ltd.
Founded in 2017, HIVE Digital Technologies Ltd. builds and operates sustainable blockchain and AI infrastructure data centers, powered exclusively by renewable hydroelectric energy. With a global footprint in Canada, Sweden, and Paraguay, HIVE is committed to operational excellence, green energy leadership, and scaling the future of digital finance and computing, while creating long-term value for its shareholders and host communities.
For more information, visit hivedigitaltech.com, or connect with us on:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Information
Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian and United States securities legislation and regulations that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes but is not limited to: the construction of the Company's site in Valenzuela, Paraguay and its potential specifications and performance upon completion, the timing of it becoming operational; hash rash growth projections; business goals and objectives of the Company; the acquisition, deployment and optimization of the mining fleet and equipment; the continued viability of its existing Bitcoin mining operations; the prospectivity of the BUZZ HPC operations and the ability of the Company to successfully expand the infrastructure and operate in this sector, the receipt of government consents; and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.
Factors that could cause actual results to differ materially from those described in such forward looking information include, but are not limited to: the inability to complete the construction of the Paraguay acquisition on an economic and timely basis and achieve the desired operational performance; the possibility of flaws in the implementation of the Paraguay build-out and energization; the ongoing support and cooperation of local authorities and the Government of Paraguay; the volatility of the digital currency market; the Company's ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company's operations; the regulatory environment for cryptocurrency in Canada, the United States and the countries where our mining facilities are located; an inability to apply the Company's data centers to HPC/AI opportunities on a profitable basis; a failure to secure long-term contracts associated with HPC/AI customers on terms which are economic or at all; economic dependence on regulated terms of service and electricity rates; the speculative and competitive nature of the technology sector; dependency on continued growth in blockchain and cryptocurrency usage; lawsuits and other legal proceedings and challenges; government regulations; the global economic climate; dilution; future capital needs and uncertainty of additional financing, including the Company's ability to utilize the Company's ATM Program and the prices at which the Company may sell Common Shares in the ATM Program, as well as capital market conditions in general; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the need for continued technology change; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the impact of energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; share dilution resulting from the ATM Program and from other equity issuances; the construction and operation of facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of electricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company's electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company's profitability; the ability to complete current and future financings, any regulations or laws that will prevent the Company from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of pandemics on the business of the Company, including but not limited to the effects of pandemics on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent the Company from operating its business, or make it more costly to do so; and other related risks as more fully set out in the Company's disclosure documents under the Company's filings at www.sec.gov/EDGAR and www.sedarplus.ca.
The forward-looking information in this news release reflects the Company's current expectations, assumptions, and/or beliefs based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's objectives, goals or future plans, the timing thereof and related matters. The Company has also assumed that no significant events will occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance, and accordingly, undue reliance should not be put on such information due to its inherent uncertainty. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269179
2025-10-06 05:497mo ago
2025-10-06 01:087mo ago
Is Curtiss-Wright Stock Still A Buy After A 40% Rally? I Share My Updated Price Target
Curtiss-Wright Corporation continues to benefit from strong aerospace, defense, and nuclear energy market tailwinds, driving robust sales and margin growth. CW raised its full-year 2025 guidance, now expecting 9-10% sales growth, 15-18% operating income growth, and improved free cash flow outlook. Despite a significant rally and fair 2026 valuation, CW offers 13% upside when considering 2027 earnings, supported by strong EBITDA and cash flow growth.
2025-10-06 05:497mo ago
2025-10-06 01:247mo ago
Rosen Law Firm Encourages Simulations Plus, Inc. Investors to Inquire About Securities Class Action Investigation - SLP
Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Simulations Plus, Inc. (NASDAQ: SLP) resulting from allegations that Simulations Plus may have issued materially misleading business information to the investing public.
So What: If you purchased Simulations Plus securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=42476https://rosenlegal.com/submit-form/?case_id=42439or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On July 15, 2025, during market hours, Benzinga published an article entitled "Simulations Plus Sees Weaker Demand Persist, Outlook Softens." The article stated that Simulations Plus shares had declined "following the release of [Simulations Plus'] third-quarter 2025 earnings report." The article stated that Simulations Plus had reported sales of $20.4 million, representing a 10% year-over-year increase, but this fell short of the consensus estimate of $20.9 million." Further, "[t]his miss followed preliminary third-quarter sales figures released in June, which were already lower than expectations at $19 million to $20 million, compared to a consensus of $22.78 million."
On this news, Simulations Plus' stock fell 25.75% on July 15, 2025.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
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2025-10-06 05:497mo ago
2025-10-06 01:257mo ago
Rosen Law Firm Encourages National Grid plc Investors to Inquire About Securities Class Action Investigation - NGG
Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of National Grid plc (NYSE: NGG) resulting from allegations that National Grid plc may have issued materially misleading business information to the investing public.
So What: If you purchased National Grid securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=41344 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On July 2, 2025, Reuters published an article entitled "'Preventable' National Grid failures led to Heathrow fire, findings say." The article stated that a "fire that shut London's Heathrow airport in March, stranding thousands of people, was caused by the UK power grid's failure to maintain an electricity substation, an official report said on Wednesday, prompting the energy watchdog to open a probe." Further, the article stated that the United Kingdom's Energy minister, Ed Miliband, had "called the report "deeply concerning", after it concluded that the issue which caused the fire was identified seven years ago but went unaddressed by power grid operator National Grid[.]"
On this news, National Grid American Depositary Shares' ("ADSs") fell 5%, on July 2, 2024.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
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2025-10-06 05:497mo ago
2025-10-06 01:477mo ago
Standard Motor Products: EBITDA Growth Powered By Nissens
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-06 04:487mo ago
2025-10-05 23:537mo ago
CTO INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CTO Realty
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In CTO To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in CTO between February 18, 2021 and June 24, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against CTO Realty Growth, Inc. (“CTO” or the “Company”) (NYSE: CTO) and reminds investors of the October 7, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (i) CTO's dividends were less sustainable than Defendants had led investors to believe; (ii) the Company used deceptive and unsustainable practices to artificially inflate its AFFO and overstate the true profitability of its Ashford Lane property; (iii) accordingly, CTO's business and/or financial prospects were overstated; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times.
On June 25, 2025, Wolfpack Research ("Wolfpack") published a report entitled "CTO: The B. Riley of REITs" (the "Wolfpack Report" or the "Report"), which compared CTO unfavorably to B. Riley, a financial services company that recently lost more than 90% of its value amid three years of losses, soured investments, delayed financial reports and revelations that the SEC had been investigating whether the firm gave shareholders an accurate picture of its health. Citing interviews with former employees and whistleblowers, the Wolfpack Report accused CTO of, among other things, "not generat[ing] enough cash to pay its recurring capex and cover its dividends since converting to a REIT in 2021" and instead "rel[ying] on dilution (increasing shares outstanding by 70% since December 2022) to cover a $38 million dividend shortfall from 2021 to 2024," employing a "manipulative definition of [AFFO] where they exclude recurring capex, unlike all of their self-identified shopping center REIT peers," and "us[ing] a sham loan to hide the collapse of a top tenant from shareholders at Ashford Lane." (Emphasis in original). Further, Wolfpack predicted imminent further dilution of the Company, noting that CTO has just $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million per quarter, along with approximately $12 million in additional planned capital expenditures.
On this news, CTO's stock price fell $0.98 per share, or 5.42%, to close at $17.10 per share on June 25, 2025.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding CTO’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the CTO Realty Growth class action, go to www.faruqilaw.com/CTO or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
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2025-10-06 04:487mo ago
2025-10-05 23:537mo ago
PUBM INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of PubMatic
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In PubMatic To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in PubMatic between February 27, 2025 and August 11, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against PubMatic, Inc. (“PubMatic” or the “Company”) (NASDAQ: PUBM) and reminds investors of the October 20, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that a top DSP buyer was shifting a significant number of clients to a new platform which evaluated inventory differently; (2) that, as a result, PubMatic was seeing a reduction in ad spend and revenue from this top DSP buyer; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On August 11, 2025, after the market closed, PubMatic released its second quarter 2025 financial report. In its report, PubMatic’s Chief Financial Officer, Steven Pantelick, revealed that the Company’s outlook reflects “a reduction in ad spend from one of [its] top DSP partners.” The Company’s Chief Executive Officer, Rajeev Goel, further revealed that a “top DSP buyer” had “shifted a significant number of clients to a new platform that evaluates inventory differently” causing significant headwinds. Goel stated, in response to the inventory valuation change, the Company would “need to do a better job . . . to prioritize across all the hundreds of billions of daily ad impressions that we have, which subset of those impressions that we send to this DSP.”
On this news, PubMatic’s stock price fell $2.23, or 21.1%, to close at $8.34 per share on August 12, 2025, on unusually heavy trading volume.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding PubMatic’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the PubMatic class action, go to www.faruqilaw.com/PUBM or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
2025-10-06 04:487mo ago
2025-10-05 23:547mo ago
Mara Holdings: Bitcoin Tailwinds And Strong Top-Line Growth Ahead (Rating Upgrade)
SummaryUpgrading MARA Holdings to a 'Strong Buy' on record Q2 results and a favorable Bitcoin setup going into the back half of the year.MARA posted $238.5M in Q2 revenue (up 64% YoY), a $1.2B gain on digital assets, and surpassed 50,000 BTC holdings. The Street projects 93% top-line growth in Q3.Tailwinds for BTC include lower interest rate expectations, with CME projecting two more cuts before year-end, and strong institutional Bitcoin demand as noted by ETP ownership.Returns are tied to BTC. Therefore, a stronger USD or slower-than-expected Fed cuts due to tariff-driven inflation could pressure Bitcoin and make me reassess my rating.Ratana21/iStock via Getty Images
I resume my coverage on MARA Holdings, Inc. (NASDAQ:MARA), upgrading this stock to a strong buy after record Q2 results and a clearer setup for Bitcoin following the decline during the tariff selloff earlier this
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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2025-10-06 04:487mo ago
2025-10-05 23:557mo ago
NX INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Quanex Building Products
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Quanex To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Quanex between December 12, 2024 and September 5, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Quanex Building Products Corporation (“Quanex” or the “Company”) (NYSE: NX) and reminds investors of the November 18, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the Company’s procedures and policies regarding tooling and equipment maintenance in its Tyman Mexico facility were significantly “underinvested”; (2) as a result, the Company’s tooling and equipment conditions had significantly degraded to near “catastrophic” levels; (3) that, as a result of the foregoing, the Company was likely to incur significant costs, “pushing out the timing” of expected benefits from the Tyman integration; (4) that Quanex had previously identified the foregoing issues; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On September 4, 2025, after the market closed, Quanex announced financial results for the third quarter of the 2025 fiscal year. Among other things, the Company disclosed “operational issues related to the legacy Tyman window and door hardware business in Mexico that are ongoing” which “impacted results more than expected during the third quarter of 2025.” Specifically, the Company reported a diluted EPS of ($6.04), compared to $0.77 in the prior year period and an adjusted EBIDTA of $70.30. The Company further disclosed that it was “adjusting for lower expected volumes and pushing out the timing of when [it] expect[s] to realize procurement savings” from the integration of the Tyman business.
Then, on September 5, 2025, the Company held an earnings call pursuant to the Company’s third quarter 2025 financial results. During the earnings call, Chief Executive Officer, George Wilson (“Wilson”) explained “operational challenges” in the Tyman facility in Mexico “negatively impacted EBITDA in the Hardware Solutions segment by almost $5 million in the third quarter alone.” Wilson further explained that the issue was previously “identified midyear” as it got “deeper into the integration” with Tyman, and described how the systems used to “anticipate and plan for tooling repairs” were significantly deficient, indicating it was near “nonexistent.” Wilson stated because Quanex was “underinvested” in “the tooling condition and the equipment condition” it “had to make some changes and fix some things before it was catastrophic.”
On this news, Quanex’s stock price fell $2.73, or 13.1%, to close at $18.18 per share on September 5, 2025, on unusually heavy trading volume. The stock price continued to decline on the subsequent trading day, falling $1.98 or 10.9%, to close at $16.20 per share on September 8, 2025, on unusually heavy trading volume.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Quanex’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Quanex Building Products class action, go to www.faruqilaw.com/NX or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
2025-10-06 04:487mo ago
2025-10-05 23:567mo ago
Saul Centers: The Dividend Is Safe Against Headwinds
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-06 04:487mo ago
2025-10-06 00:007mo ago
Mattel Introduces Team Barbie to Champion Building Girls' Confidence
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) announced today that Barbie is celebrating International Day of the Girl by introducing Team Barbie – a coalition of four powerful role models and professional rugby players from across the globe to encourage girls to own their confidence proudly. The brand is honoring these incredible athletes who recognize and harness their own power with one-of-a-kind dolls made in their likeness because Barbie knows if you can see it, you can b.
2025-10-06 04:487mo ago
2025-10-06 00:027mo ago
BBVA has 8 billion euros to fund mandatory bid for Sabadell if needed, CEO says
A man shows his debit cards of BBVA and Sabadell banks, in Ronda, Spain, May 9, 2024. REUTERS/Jon Nazca/File Photo Purchase Licensing Rights, opens new tab
SummaryCompaniesBBVA has 8 bln euros in excess capital for mandatory Sabadell bid, CEO saysBank is confident about surpassing 50% to avoid another bid, CEO saysDeal would create one of Europe's largest lenders by assetsMADRID/LONDON, Oct 6 (Reuters) - BBVA
(BBVA.MC), opens new tab has 8 billion euros ($9.4 billion) in capital for a mandatory cash offer for Sabadell
(SABE.MC), opens new tab should it fail to convince enough of its smaller rival's shareholders to accept its hostile offer, Chief Executive Officer Onur Genc said.
In an interview with Reuters on Friday, Genc said his base case was that BBVA would get more than 50% of shares in Sabadell to clinch the all-share 17 billion euro ($19.96 billion) takeover offer. Sabadell's shareholders have until October 10 to decide.
Sign up here.
If BBVA secures more than 30% but less than 50% of Sabadell shares, it must make a mandatory offer in cash to remaining investors, or walk away from a deal it has been trying to complete since April 2024.
A combined entity would become one of the largest lenders in Europe by assets, with about 1 trillion euros.
Should it decide to make a mandatory cash offer, "we don't need to raise capital in our view", Genc said.
Whether BBVA makes such an offer would depend on several factors, including the percentage of shareholders it would need to buy Sabadell out, he said.
"If it's between 30% and 50%, it might, it might not happen. Depends on the take-up, depends on the price, depends on market conditions," Genc said.
If BBVA needed to buy out 70% of shares in cash, currently with a market value of 11.7 billion euros, the 8 billion euros would not be enough and it would need alternative sources of finance such as raising capital, something its chairman has ruled out.
MOST PROBABLE OUTCOME, ACCORDING TO CITICiti assigned a 45% probability that the take-up would be in the 30%-to-50% range.
BBVA's CEO said the bank estimated it would end 2025 with a core tier-1 capital ratio of 13.75%, which would imply excess capital of 7 billion euros above its 12% solvency target, without including the suspended 1 billion euro share buy-back.
Jefferies analysts believe a cash bid for the remaining capital would be more realistic if the take-up rate approaches 50%.
A mandatory offer would be conducted at the same price as the current offer, Genc said, although the fair-value price would be set by the supervisor.
Shareholders of Sabadell are widely dispersed and around 40% are retail investors.
BBVA's chances of clinching the deal improved after it increased the bid and David Martinez, Sabadell's largest individual shareholder, agreed to tender his 3.86% stake although Sabadell's board reiterated that BBVA's improved bid undervalued the lender.
($1 = 0.8514 euros)
Reporting by Jesús Aguado; Editing by Edmund Klamann
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Andres Gonzalez covers M&A for Reuters, based in London. With over 12 years of experience as a correspondent in Spain, he has reported on diverse sectors, including banking, TMT, energy, infrastructure and real estate. Andres has also reported on significant breaking news events, such as the Barcelona attacks and several general elections, showcasing his versatility and ability to handle critical and time-sensitive stories
Andres' journalism career began at Reuters in Spain, where he honed his expertise in financial reporting. Seeking new challenges, he ventured into the world of Public Relations, working for Banco Santander with a particular focus on Wealth Management and Investment Banking divisions. His experience in both journalism and PR has provided him with a well-rounded perspective on the financial industry.
Tommy is Europe Finance Editor, helping lead Reuters coverage of banking, asset management, real estate and crypto across the region. Previously he covered climate finance, was India Correspondent in New Delhi and reported on the European hedge fund industry.
2025-10-06 04:487mo ago
2025-10-06 00:247mo ago
Marvell: Significant AI Win Coming Soon (Double Upgrade)
SummaryI'm upgrading Marvell Technologies to a Strong Buy, as a key customer Microsoft ramps up custom AI chip (Maia) production, boosting MRVL's 2026 outlook.MRVL's revenue growth is set to accelerate, with potential FY26 revenues reaching $10.5B, per my estimates, driven by Maia and improving AI accelerator demand.Management signals confidence through $6B in buybacks, accelerated repurchases and increased insider buying, indicating a positive inflection for MRVL shares.Risks remain from competition and customer concentration, but MRVL's exclusive role in Microsoft's Maia program positions it for significant upside. wildpixel/iStock via Getty Images
Investment Thesis When the race for building out custom accelerator chips or AI ASICs (application-specific integrated circuits) started last year, the contest for ASIC supremacy quickly became a duopoly.
Broadcom (NASDAQ:AVGO) became the industry leader and still commands the
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MRVL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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Boeing said to prepare for 737 output hike as soon as October, Bloomberg News reports
A Boeing 737 MAX aircraft is assembled at the company's plant in Renton, Washington, U.S. June 25, 2024. Jennifer Buchanan/Pool via REUTERS Purchase Licensing Rights, opens new tab
Oct 6 (Reuters) - Boeing
(BA.N), opens new tab is guiding suppliers that it could ramp up 737 Max output and could reach a 42-jet monthly tempo as early as October, Bloomberg News reported on Monday citing people familiar with the plans.
Reuters could not immediately verify the report.
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Reporting by Yazhini MV in Bengaluru; Editing by Mrigank Dhaniwala
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-06 04:487mo ago
2025-10-06 00:307mo ago
Euronext N.v. Has Received the Relevant Regulatory Approvals for the Commencement of the Acceptance Period of the Voluntary Share Exchange Offer for the Ordinary Registered Shares of Hellenic Exchanges-Athens Stock Exchange
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY, OR CONSTITUTE A VIOLATION OF, THE RELEVANT LAWS OF THAT JURISDICTION OR REQUIRE EURONEXT AND/OR ATHEX TO TAKE ANY FURTHER ACTION.
PLEASE SEE THE IMPORTANT DISCLAIMERS AT THE END OF THIS ANNOUNCEMENT.
EURONEXT N.V. HAS RECEIVED THE RELEVANT REGULATORY APPROVALS FOR THE
COMMENCEMENT OF THE ACCEPTANCE PERIOD OF THE VOLUNTARY SHARE EXCHANGE
OFFER FOR THE ORDINARY REGISTERED SHARES OF HELLENIC EXCHANGES-ATHENS STOCK
EXCHANGE S.A. IN CONSIDERATION FOR SHARES OF EURONEXT N.V.
THE ACCEPTANCE PERIOD WILL COMMENCE ON 6 OCTOBER 2025 AND WILL END ON 17
NOVEMBER 2025
6 October 2025
In accordance with Greek Law 3461/2006, as amended (the “Law”), on 30 July 2025 (the “Date of the Tender Offer”), Euronext N.V. (“Euronext” or the “Offeror”, and together with any and all of its directly, or indirectly, wholly, or partially, owned subsidiaries, the “Euronext Group”) announced the submission of a voluntary share exchange tender offer (the “Tender Offer”) to acquire all common registered shares, each having a nominal value of €0.42 (each, an “ATHEX Share”) of HELLENIC EXCHANGES-ATHENS STOCK EXCHANGE S.A. (“ATHEX” or the “Company” and together with its subsidiaries, the “ATHEX Group”), for newly issued ordinary shares in the capital of the Offeror, with a nominal value of €1.60 each (each, a “Consideration Share”) on a ratio of 0.050 Consideration Share for 1 ATHEX Share, in accordance with the Law.
Euronext announces that, following:
(a) the issuance of a declaration of non-objection from the competent foreign authorities regarding the coordinated regulation and supervision of Euronext being the AMF, AFM, CBI, NFSA, FSMA, CMVM, and CONSOB on 2 October 2025, and
(b) the approval by Hellenic Capital Market Commission (“HCMC”) of the information circular that Euronext has prepared in connection with the Tender Offer in accordance with the Law (the “Information Circular”) on 3 October 2025, and
Euronext has received all requisite regulatory approvals for the commencement of the Acceptance Period (as defined below).
Deutsche Bank AG is acting as advisor to Euronext in connection with the Tender Offer, in accordance with article 12 of the Law (the “Advisor”).
A summary of the expected timetable of principal events for the Tender Offer follows:
DateEvent3 October 2025Approval of the Information Circular by the HCMC6 October 2025Announcement of the Approval and Announcement of the Publication of the Information Circular6 October 2025Publication of Information Circular6 October 2025Publication of Euronext’s Exemption Document enabling the issuance of shares6 October 2025Commencement of the Acceptance Period17 November
2025End of the Acceptance Period19 November
2025Announcement of the results of the Tender Offer24 November
2025Registration of the transfer of the Transferred Shares to the securities account of the Offeror in the DSS.24 November
2025Delivery of the Consideration Shares to the Accepting Shareholders24 November
2025Commencement of listing and trading of the Consideration Shares on Euronext Amsterdam, Euronext Brussels, Euronext Lisbon and Euronext Paris. Note: The above date of 24 November presupposes that all approvals mentioned in section 7 below are met.
2. Acceptance Period
2.1 The period of time during which the holders of ATHEX Shares (the “Shareholders”) may accept the Tender Offer by submitting a relevant written declaration of acceptance (the “Declaration of Acceptance”) to their intermediary (i.e. the bank, brokerage firm, investment services firm or other investment firm with which they cooperate) that is a certified member at the Greek Dematerialized Securities System (the “DSS Participant” and the “DSS”, respectively) through which their ATHEX Shares are registered, starts on 6 October 2025, at 08.00 am (Greek time) and ends on 17 November 2025, at 02:00 p.m. (Greek time) (the “Acceptance Period”).
2.2 Alternatively, for their own facilitation, Shareholders who wish to accept the Tender Offer may, at their own initiative, authorize their DSS Participant through which their ATHEX Shares are registered, to fill-in, sign, submit or dispatch the Declaration of Acceptance and in general to proceed with all necessary actions for the purpose of accepting the Tender Offer on their behalf. Declarations of Acceptance forms will be available through the DSS Participant throughout the Acceptance Period during business days and hours.
3. The Tender Offer
3.1 As at the Date of the Tender Offer, no ATHEX Shares were held, directly or indirectly, by the Euronext Group.
3.2 The companies of the Euronext Group are acting in concert with the Offeror for the purposes of the Tender Offer, pursuant to article 2, case (e) of the Law. There are no other persons acting in concert with the Offeror for the purposes of the Tender Offer, pursuant to article 2, case (e) of the Law.
3.3 On 30 July 2025, the Offeror and ATHEX entered into a cooperation agreement which details the cooperation between the Offeror and ATHEX in relation to the Tender Offer (the “Cooperation Agreement”). The Cooperation Agreement provides, among others, that ATHEX will not tender the Treasury Shares in the Tender Offer.
3.4 The following members of the Board of Directors of ATHEX owning shares including CEO Ioannis Kontopoulos have provided irrevocable undertakings to tender their shares in the Tender Offer subject to the issuance of a reasoned opinion of ATHEX’s Board of Directors in favor of the Tender Offer:
NameNumber of shares heldGeorge Handjinicolaou15,000Ioannis Kontopoulos95,000 3.5 Other than the Cooperation Agreement and the aforementioned written statements received by the Offeror from the ATHEX directors, there are no special agreements relating to the Tender Offer or the exercise of rights arising from the ATHEX Shares to which the Offeror is a party.
4. Consideration
4.1 In consideration for every ATHEX Share lawfully and validly tendered in the Tender Offer, and in accordance with the first clause of paragraph 1 of article 9 of the Law, Euronext offers 0.050 Consideration Share for 1 ATHEX Share (the “Offer Consideration”). The shares of the Offeror are held in book-entry form through the Central Securities Depository for the Offeror Shares (“Euronext Securities Milan”).
4.2 In the event that fractional balances of the Offeror's shares arise during the exchange, these will be paid by the Offeror based on the following formula:
the product of (x) the number of ATHEX Shares held by the investor, (y1) the volume-weighted average trading price (VWAP) of Euronext during the 1 week prior to the settlement date of the Public Offer and (y2) 0.050.
4.3 The Consideration Shares carry the right to dividends, capital returns, distributions from distributable reserves or other distributions that may be made by Euronext after the settlement date of the Tender Offer.
4.4 Euronext will assume payment of the duties levied in favor of the Hellenic Central Securities Depository S.A. (the “ATHEXCSD”) on the registration of the over-the-counter transfer of the Transferred Shares in accordance with the codified decision 18 (Meeting 311/22.02.2021) of the Board of Directors of ATHEXCSD, which would otherwise be payable by the accepting shareholders of ATHEX. Such duties amount to 0.08% and are calculated in accordance with the provisions of such decision with a minimum charge equal to the lower between €20 and 20% of the value of the transfer by any accepting shareholders per securities account.
4.5 To the contrary, it is clarified that shareholders who do not offer the ATHEX Shares they hold in the context of the Tender Offer, including those electing to receive the Cash Consideration in the context of the exercise of the Right of Squeeze-out or the Right to Sell-out, will also be responsible for all charges and taxes that are due in connection with the Tender Offer, including the duties above levied in favor of the Hellenic Central Securities Depository S.A and the Offeror assumes no responsibility nor liability in the payment of said charges and taxes. Notably, based on the letter of the circular issued by the Greek Independent Authority for Public Revenue with reference number Ε.2048/2024, the transfer of the Transferred Shares to the Offeror in consideration for Consideration Shares can be excluded from the tax provided for in article 9 paragraph 2 of Law 2579/1998 in favor of the Greek State provided all conditions mentioned therein are met, which amounts to 0.10%, and is imposed on sales of shares listed on the Athens Stock Exchange, since such transfer does not constitute a sale under the abovementioned provision. Shareholders are advised to consult their own tax advisors regarding the tax implications of the Tender Offer that may concern them in Greece or abroad.
4.6 It should be noted that an Accepting Shareholder who elects to receive Consideration Shares, or the financial intermediary (e.g. bank, brokerage firm, investment services firms, investment firm or other type of custodian) with whom such Accepting Shareholder cooperates, will have to inform, prior to the end of Acceptance Period, the Euronext Securities Milan participant with whom such shareholder has a direct or indirect relationship, of the receipt of the Consideration Shares through Euronext Securities Milan at the time settlement of the Tender Offer is completed. If it is not so informed, the said participant may reject the receipt of such shares, or the delivery thereof to such participant on behalf of the relevant Accepting Shareholder might not be possible.
5. Information Circular
5.1 Beginning on 6 October 2025 and for the whole duration of the Acceptance Period, printed copies of the Information Circular will be available, free of charge, at any of the branches of Eurobank S.A. in Greece. In addition, the Information Circular will also be available through (i) the HCMC website
(www.hcmc.gr/el_GR/web/portal/deltia12minou), (ii) the ATHEX website
(https://www.athexgroup.gr/en/market-data/informative-material), (iii) the website of Eurobank (https://www.eurobank.gr/el/omilos/enimerosi-ependuton/enimerotika-deltia/diaxeiristis-trapezas- eurobank) and (iv) the website of the Offeror (www.euronext.com/en/athex-offer).
5.2 Further information about the acceptance of the Tender Offer can also be obtained through the dedicated helpline of the Offeror in Greece during Greek business days and hours by calling in Greece the following numbers:
If you are a retail investor:
Landline: + 30 21 1234 1979
Toll Free Number: + 30 800 8888001 (for landline callers in Greece)
DL: pto.athex@investor. sodali .com
If you are an institutional investor: +34 659 765 895
And through the DSS Participant whom such Accepting Shareholder cooperates during Greek business days and hours.
6. Results of the Tender Offer
6.1 It is expected that the results of the Tender Offer will be announced on 19 November 2025 and the delivery of the Consideration Shares to the Accepting Shareholders will be completed on or about 24 November 2025, subject to the conditions mentioned in par. 7 below having been met.
7. Prerequisite and Conditions
7.1 Completion of the Tender Offer is subject to the satisfaction of the following conditions and minimum number of shares:
(a) the approval of the HCMC in relation to the direct change of control of ATHEX;
(b) the approval of the HCMC in relation to the indirect change of control of ΑΤΗΕΧClear;
(c) the approval of the HCMC in relation to the indirect change of control of ATHEXCSD;
(d) the approval of RAEWW and the HCMC in relation to the change of control of ATHEX due to its
participation in Hellenic Energy Exchange (“HenEx”) and EnEx Clearing House (“EnExClear”);
(e) the approval of the HCMC in relation to the acquisition by the Euronext Reference ShareholdersI of an indirect qualifying holding between 20% and 50% of ATHEX, ATHEXCSD and ATHEXClear; (together with (a)-(e), the “Conditions”); and
(f) no later than the end of the Acceptance Period, at least 38,759,500 ATHEX Shares, corresponding to at least 67% of ATHEX’s total voting rights whose exercise is not subject to suspension, shall have been lawfully and validly tendered to the Offeror (the “Minimum Number of Shares”). This condition may be amended in accordance with the provisions of the Law.
If (i) the Minimum Number of Shares is not fulfilled as at the end of the Acceptance Period and/or (ii) the Conditions are not satisfied, the Tender Offer will ipso jure lapse, and have no legal effect, and the ATHEX Shares which will have been tendered to the Offeror will be returned to their holders.
The Offeror may revoke the Tender Offer if (i) a competing offer, as provided by the Law, has been submitted, or (ii) subject to the HCMC’s approval, if an unforeseen change in circumstances beyond the control of the Offeror occurs that makes the Tender Offer particularly onerous.
The declarations of acceptance which are submitted cannot be revoked, unless a competing offer, as provided by the Law, has been submitted, in which case the accepting shareholder will be entitled to exercise a revocation right.
8. Right of Squeeze-out - Right to Sell-out
8.1 If, at the end of the Acceptance Period, Euronext holds at least 52,065,000 ATHEX Shares representing at least 90% of ATHEX’s voting rights in accordance with the Law (the “Relevant Threshold”):
(a) Euronext will initiate the squeeze-out procedure under the Law to cause any remaining holders of Company Shares to transfer those ATHEX Shares to Euronext, in accordance with the Law (the “Right of Squeeze-Out”); and
(b) holders of ATHEX Shares who have not accepted the Tender Offer will be entitled, within a period of three (3) months from the publication of the results of the Tender Offer, to exercise the right to sell-out, in accordance with the Law (the “Right to Sell-Out”).
8.2 The consideration offered for each ATHEX Share regarding both the Right of Squeeze-Out and the Right to Sell-Out, is, at the election of the holder:
(a) Consideration Shares held in book-entry form through Euronext Securities Milan; or
(b) the cash consideration of €5.98 for each ATHEX Share (the “Cash Consideration”).
8.3 The Cash Consideration meets the criteria of the fair and reasonable consideration, according to article 9 of the Law, since:
(a) it exceeds the VWAP during the six months preceding the Date of the Tender Offer, where in this case the VWAP of ATHEX Shares during the six months preceding 30 July 2025, is €5.9770
(b) the Offeror or any persons acting on its behalf or in concert with the Offeror did not acquire ATHEX Shares during the twelve (12) months preceding the Date of the Tender Offer
(c) a valuation is not required for ATHEX based on the provisions of par. 6 of article 9 of the Law, as none of the conditions referred to therein are met, namely:
- no sanctions have been imposed by the Board of Directors of the HCMC for manipulation that took place within the 18-month period preceding the Date of the Tender Offer,
during the six (6) months preceding the Date of the Tender Offer, (i) transactions in ATHEX Shares have been carried out on the Athens Stock Exchange on more than three-fifths (3/5) of the operating days of the relevant market, and specifically, they amounted to 100% of them and (ii) transactions that have been carried out on ATHEX Shares exceed ten percent (10%) of the total shares of ATHEX, and specifically, they amounted to 39% of them.The reasonable and fair consideration as determined by the criteria of paragraph 4 of Article 9 of the Law, exceeds eighty percent (80%) of the accounting value per share, based on the data of the average of the last two published financial statements of Law 3556/2007, on a consolidated basis. 8.4 If the Relevant Threshold is reached or exceeded at the end of the Acceptance Period, the Offeror expects that the Right of Squeeze-out process will be completed within four to eight weeks after Closing. The Offeror intends to apply for the commencement of unconditional listing and trading on Euronext Amsterdam, Euronext Brussels, Euronext Lisbon and Euronext Paris of any Offeror Shares which may be issued as consideration in connection with the Right of Squeeze-out as soon as practicable following completion of the Right of Squeeze-out process.
8.5 If the Relevant Threshold is reached or exceeded at the end of the Acceptance Period, the Right to Sellout will automatically expire upon completion of the Right of Squeeze-Out. As a result, the Offeror expects that completion of the Right to Squeeze-out process will precede the completion of the Right of Sell-out process.
9. Delisting of the ATHEX Shares from the ATHEX
9.1 If, following completion of the Tender Offer or after the exercise of the Right of Squeeze-out or the Right to Sell-out, as the case may be, the Offeror holds at least 95% of ATHEX’s voting rights, the Offeror intends to request the convocation of a General Meeting of the Shareholders to resolve upon the submission of an application to the HCMC requesting the delisting of the ATHEX Shares from the Athens Stock Exchange, in accordance with article 17 paragraph 5 of Law 3371/2005, at which (General Meeting) the Offeror will exercise its voting rights in favor of such resolution.
9.2 If the percentage of the ATHEX Shares which will be eventually tendered ranges between 67% and below 90%, the ATHEX Shares will continue to trade on the ATHEX.
Important Notices
General
The Tender Offer described herein is addressed to holders of ATHEX Shares and only to persons to whom it may be lawfully addressed. The Tender Offer will be made in the territory of the Hellenic Republic. The making of the Tender Offer to specific persons who are residents in or nationals or citizens of jurisdictions outside the Hellenic Republic or to custodians, nominees or trustees of such persons (the “Excluded Shareholders”) may be made only in accordance with the laws of the relevant jurisdiction. It is the responsibility of the Excluded Shareholders and each person wishing to accept the Tender Offer to inform themselves of and ensure compliance with the laws of their respective jurisdictions in relation to the Tender Offer. If you have any doubts as to your status, you should consult with your professional advisor in the relevant jurisdiction.
The Tender Offer is not being made, directly or indirectly, by mail or by any means in or into any jurisdiction within which, under its laws, rules and regulations, the submission, the making or the presentation of the Tender Offer or the mailing or distribution of the Information Circular to be approved by the HCMC a declaration of acceptance and any other document or material relevant thereto (together, the “Relevant Documents”) is illegal or contravenes any applicable legislation, rule or regulation (together, the “Excluded Territories”). Accordingly, copies of any such Relevant Documents and materials will not be, and must not be, directly or indirectly, mailed, distributed or otherwise sent to anyone or from anyone in or into or from any Excluded Territory.
No Offeror Shares have been offered or will be offered pursuant to the Tender Offer to the public in the United Kingdom, except that the Offeror Shares may be offered to the public in the United Kingdom at any time: (a) to any legal entity which is a qualified investor as defined under Article 2 of the UK Prospectus Regulation; (b) to fewer than 150 natural or legal persons (other than qualified investors as defined under Article 2 of the UK Prospectus Regulation); or (c) in any other circumstances falling within Section 86 of the FSMA. Provided that no such offer of the Offeror Shares shall require Euronext or the Advisor to publish a prospectus pursuant to Section 85 of the FSMA or supplement a prospectus pursuant to Article 23 of the UK Prospectus Regulation. For the purposes of this provision, the expression an “offer to the public” in relation to the Offeror Shares in the United Kingdom means the communication in any form and by any means of sufficient information on the terms of the offer and any Offeror Shares to be offered so as to enable an investor to decide to purchase or subscribe for any Offeror Shares and the expression “UK Prospectus Regulation” means Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.
The Consideration Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction of the United States and may not be offered, sold or delivered, directly or indirectly, in or into the United States absent registration, or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable state and other securities laws of the United States. This release does not constitute an offer to sell or solicitation of an offer to buy any of the Consideration Shares in the United States. Euronext has no intention to register any part of the Tender Offer in the United States or make a public offering of the Consideration Shares in the United States. Any Consideration Shares offered in the United States will be offered only to (i) holders of the Company Shares located outside of the United States and (ii) holders of Company Shares located within the United States that are “Qualified Institutional Buyers” (as defined in Rule 144A under the Securities Act). Such holders of Company Shares will be required to make such acknowledgements and representations to, and agreements with, Euronext as Euronext may require establishing that they are entitled to receive Consideration Shares pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act. Accordingly, any holder of Company Shares located within the United States who is not a Qualified Institutional Buyer or who does not make such acknowledgement and representation to establish their entitlement to receive the Consideration Shares is ineligible to participate in the Tender Offer, and any purported acceptance of the Tender Offer by such holder will be ineffective and disregarded.
The Tender Offer is being made in the U.S. in reliance on the expected availability of the Tier II exemption pursuant to Rule 14d-1(d) of, and otherwise in compliance with Section 14E of, and Regulation 14E promulgated under, the U.S. Securities and Exchange Act of 1934, as amended (the “Exchange Act”), and otherwise in accordance with the requirements of Greek law. The Tender Offer is not subject to Section 14(d)(1) of, or Regulation 14D promulgated under, the Exchange Act. The Company is not currently subject to the periodic reporting requirements under the Exchange Act and is not required to, and does not, file any reports with the SEC thereunder.
Pursuant to exemptive relief granted by the SEC from Rule 14e-5 under the Exchange Act, during the period of the Tender Offer, Euronext may purchase, or arrange to purchase, whether directly or through any of its affiliates, any broker or other financial institution acting as its agent or any affiliates of any broker or other financial institution acting as its agent, shares of the Company as permitted by applicable law. The Offeror Shares are issued to the Company's existing shareholders in Singapore without the intention of being on- sold there, and no documents issued by or on behalf of the Company may be used in any subsequent sale by these shareholders. The Information Circular has not been and will not be lodged with or registered as a prospectus under the Securities and Futures Act 2001 of Singapore with the Monetary Authority of Singapore. Therefore, the Information Circular does not constitute an offer or invitation for the sale or purchase of the Offeror Shares in Singapore, whether directly or indirectly, and shall not form the basis of any contract for the issue or sale of the Consideration Shares in Singapore.
The Offeror Shares may not be marketed, offered or sold directly or indirectly to the public in the People’s Republic of China (the “PRC”) and neither this announcement, which has not been submitted to the Chinese Securities and Regulatory Commission, nor any offering material or information contained herein relating to the issuance of the Offeror Shares, may be supplied to the public in the PRC or used in connection with any offer for the subscription or sale of shares to the public in the PRC. Offeror Shares may only be marketed, offered or sold to Chinese institution which are authorized to engage in foreign exchange, business and offshore investment from outside the PRC. Chinese investors may be subject to foreign exchange control approval and filing requirements under the relevant Chinese foreign exchange regulations, as well as offshore investment approval requirements.
This announcement is only made available to a limited number of "Professional Investors" within the meaning of the SCA’s Board of Directors Decision No. 13 of 2021 Concerning the Financial Activities Rule Book, as amended. By receiving this announcement, the entity to whom it has been issued understands, acknowledges and agrees that it has not been approved by or filed with the UAE Central Bank, the UAE Securities and Commodities Authority, the Dubai Financial Services Authority ("DFSA"), the Financial Services Regulatory Authority of Abu Dhabi ("FSRA") or any other relevant regulatory or licensing authorities in the UAE, nor has the originator, or any other related party received authorization or licensing from the UAE Central Bank, the UAE Securities and Commodities Authority, the DFSA, the FSRA, or any other authorities in the UAE. This announcement does not constitute a public offer of Offeror Shares in the UAE in accordance with the UAE SCA Chairman of the Board Resolution No. (11/R.M) of 2016 On the Regulations for Issuing and Offering Shares of Public Joint Stock Companies, Federal Decree-No. 32 of 2021 on Commercial Companies, or otherwise.
The announcement does not constitute a disclosure document for the purposes of the Australian Corporations Act 2001 (Corporations Act) and has not been submitted to the Australian Securities and Investments Commission. If you have received this announcement in Australia, you represent and warrant that you are an existing shareholder of ATHEX and that you are a sophisticated investor, professional investor, or another investor to whom disclosure is not required under Part 6D.2 of the Corporations Act.
The Offeror Shares may not be publicly offered, directly or indirectly, in Switzerland within the meaning of the Swiss Financial Services Act ("FinSA") and no application has or will be made to admit the Offeror Shares to trading on any trading venue (exchange or multilateral trading facility) in Switzerland. The Information Circular and any related offering or marketing materials regarding the Offeror Shares do not constitute a prospectus under the FinSA and must not be publicly distributed or made available in Switzerland.
The Offeror Shares have not been licensed for offering in Kuwait by the Kuwait Capital Markets Authority or any other relevant Kuwaiti government agency. The offering of the Offeror Shares in Kuwait on the basis a private placement or public offering is, therefore, restricted in accordance with Law No. 7 of 2010 and the bylaws thereto (as amended). No private or public offering of the Offeror Shares is being made in Kuwait, and no agreement relating to the sale of the Ordinary Shares will be concluded in Kuwait. No marketing or solicitation or inducement activities are being used to offer or market the Offeror Shares in Kuwait.
The Offeror Shares may be sold only to purchasers purchasing, or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions or subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. Any resale of the Offeror Shares must be made in accordance with an exemption from, or in a transaction not subject to, the prospectus requirements of applicable securities laws.
The Offeror Shares have not been and will not be registered in Japan pursuant to Article 4, Paragraph 1 of the Financial Instruments and Exchange Act of Japan (Act No. 25 of 1948, as amended, the "FIEA") in reliance upon the exemption from the registration requirements since the offering constitutes the private placement to qualified institutional investors only as provided for in "i" of Article 2, Paragraph 3, Item 2 of the FIEA. A transferor of the Offeror Shares shall not transfer or resell them except where a transferee is a qualified institutional investor under Article 10 of the Cabinet Office Ordinance concerning Definitions provided in Article 2 of the Financial Instruments and Exchange Act of Japan (the Ministry of Finance Ordinance No. 14 of 1993, as amended).
This announcement does not constitute an invitation to the public in the Cayman Islands. Any invitation to participate in the Tender Offer is not being conducted in or from with the Cayman Islands or a place of business in the Cayman Islands.
No person receiving a copy of this announcement or of any Relevant Document in any jurisdiction outside the Hellenic Republic may treat any such document as if it constituted a solicitation or offer to such person and under no circumstances may such person use any Relevant Document if, in the relevant jurisdiction, such solicitation or offer may not be lawfully made to such person or if such Relevant Document may not be lawfully used without breaching any legal requirements. In those instances, any such Relevant Document is sent for information purposes only.
This regulatory announcement does not contain, constitute or form part of any offer or invitation to sell or subscribe or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, and neither this regulatory announcement (nor any part of it) nor the fact of its distribution form the basis of, or may be relied upon in connection with, or act as any inducement to enter into, any contract or commitment whatsoever.
The information contained in this announcement does not purport to be full or complete. The exact dates of the Tender Offer may change.
This announcement contains forward-looking statements which are subject to numerous assumptions, risks and uncertainties which change over time and relate to, amongst others, the business activities and certain plans and objectives that Euronext has in respect of the ATHEX Group and the Euronext Group. In some cases, the forward-looking statements may be identified by words such as “may”, “hope”, “might”, “can”, “could”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential” or “continue”, “intends” and the negative of these terms accordingly. There are many factors (for instance, without limitation, commercial, operational, economic, political and financial), as a consequence of which the actual results and the actual developments may potentially substantially differ from the plans and the objectives of Euronext and the ATHEX Group set out in this announcement. As such, Euronext and the ATHEX Group evolve in a highly competitive landscape and rapidly changing environment, where new risks and uncertainties not specifically described herein this announcement may emerge from time to time and it is not possible to predict all risks and uncertainties.
Although Euronext believes that, as of the date of this announcement, the expectations reflected in the forward-looking statements are reasonable, Euronext cannot assure you that future events will meet these expectations. Moreover, neither Euronext nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. After the date of this announcement, unless Euronext is required by applicable law to update these forward-looking statements, Euronext will not necessarily update any of these forward-looking statements to conform them either to actual results or to changes in expectations.
I As of 5 August 2025, the Euronext Reference Shareholders are the below:
ABN AMRO Bank N.V., through its subsidiary ABN AMRO Participaties Fund I B.V., holding 0.53% of capitalCaisse des Depots et Consignations, holding 8.25% of capitalCDP Equity, holding 8.25% of capitalSociete Federale de Participations et d’Investissement/ Federale Participatie - en Investeringsmaatschappij, holding 5.45% of capitalIntesa Sanpaolo, holding 1.58% of capital Hence, current Reference Shareholders' have an aggregated shareholding of 24.06%.
Legal announcement_Approval Prospectus and Acceptance period_ATHEX_6-10-2025
2025-10-06 04:487mo ago
2025-10-06 00:307mo ago
Euronext announces the launch of the voluntary exchange offer for all ATHEX shares
Euronext announces the launch of the voluntary exchange offer for all ATHEX shares
Euronext has received regulatory approval to launch a voluntary exchange offer to acquire all common registered ATHEX sharesAcceptance Period commences on 6 October 2025 and will end on 17 November 2025 A significant step towards a more integrated and more competitive capital market in Europe, establishing ATHEX as a financial hub in the Southeast Europe regionATHEX to join Euronext’s best-in-class trading and post-trade technology, boosting the visibility and attractiveness of the Greek market on an international scale Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 6 October 2025 – Euronext, the leading European capital market infrastructure, announces that all required regulatory approvals have been received for the commencement of the voluntary share exchange tender offer (“Tender Offer”) to acquire all common registered shares of HELLENIC EXCHANGES-ATHEX STOCK EXCHANGE S.A. (“ATHEX”) in consideration for ordinary shares newly issued by Euronext (“Consideration Shares”) at an exchange ratio of one (1) Consideration Share for twenty (20) ATHEX shares in accordance with Greek Law 3461/2006 (“Law”).
Strategic rationale for the Tender Offer
ATHEX’s integration into Euronext’s Group would allow Greek financial market participants to join a network of over 1,800 listed companies with a combined market capitalisation exceeding €6 trillion. The interest of Euronext in ATHEX reflects Euronext’s strong confidence in the positive development of the Greek economy and the growth potential resulting from further integration of Greek capital markets into the Eurozone and improved access to international investors. The combination would:
Embed ATHEX within Europe’s largest liquidity pool: Euronext aims to roll out its single liquidity pool, enabled by a single order book and empowered by its single trading platform “Optiq®” to deepen the efficiency of the Greek financial market through access to the largest European pool of liquidity. Strengthen access to financing for Greek corporates: Greece will become a key hub for listings under a harmonised framework, offering greater scale, visibility, and access to European liquidity. Euronext will bolster financing of Greek SMEs through the pan-European pre-IPO educational programme “IPOready” and provide a platform for Greek companies to list debt, diversifying their financing sources.Position ATHEX as the cornerstone of Euronext in Southeast Europe: As part of the Euronext Group, ATHEX will be the cornerstone to lead Euronext’s growth in the region, creating a hub for listing South-Eastern European companies in Athens.Create a unified post-trade infrastructure: Euronext relies on a single clearing house, clearing all of its European market flows across cash and derivatives products. As part of the combined Group, Euronext intends to expand Euronext Clearing, to cover Greek securities and to position Euronext Securities as the CSD of choice for Europe. With the acquisition of ATHEX, Euronext will expand its CSD platform and further consolidate the European post-trade market.Unlock long-term value for shareholders: Euronext’s offer provides a compelling opportunity for ATHEX shareholders to become investors in a leading pan-European business, benefitting from the integration of ATHEX within the Euronext ecosystem. Euronext's unique and proven track record in delivering significant benefits to every of the market infrastructures it has acquired over the past years is reflected in its impressive share price performance, which has increased by more than 600% since its IPO in 2014. Euronext shares furthermore provide additional liquidity benefits following the integration in the CAC 40® index. Unanimous support from ATHEX Board of Directors
The Board of Directors of ATHEX stated to ATHEX shareholders its unanimous support for the Tender Offer, and entered into a cooperation agreement with Euronext on 30 July 2025. All Directors of the Board owning shares, including the CEO of ATHEX, have signed undertakings to tender their shares, subject to the issuance of a reasoned opinion by the Board in favour of the Tender Offer as mandated by Greek law.
Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext, said: “Europe is entering a new strategic phase in building more integrated European capital markets that serve local economies within the framework of a Savings and Investments Union. Greece’s robust economic growth, supported by rising investment, growing international confidence, and solid fundamentals, makes this the right moment to strengthen its market. Through the integration of ATHEX into Euronext’s ecosystem, Greece will play a key role in this European project.
This move will enhance the visibility and international appeal of the Greek market, supporting the shared European goal of stronger, integrated and more efficient capital markets. The initiative has received strong and positive feedback from leading stakeholders who recognise the value of combining best-in-class infrastructures, technologies, and practices across Europe to convey investments to the real economy.”
Details of the Tender Offer
Commencing on 6 October 2025, at 08:00 (EEST) and ending on 17 November 2025, at 14:00 (EEST) (“Acceptance Period”), holders of ATHEX Shares may accept the Tender Offer by submitting a relevant written declaration of acceptance to the participant or their intermediary that is a certified member of the Greek Dematerialised Securities System (the “DSS Participant” and the “DSS”, respectively) with which their ATHEX Shares are registered.
The closing of the Tender Offer is subject to the prerequisite that, as at the end of the Acceptance Period, at least a minimum number of shares must have been lawfully and validly tendered to Euronext, namely 38,759,500 ATHEX Shares, corresponding to 67.0% of ATHEX’s total voting rights whose exercise is not subject to suspension (the “Minimum Number of Shares”). This condition may be amended in accordance with the provisions of the Law.
The completion of the Tender Offer is also subject to the customary regulatory approvals linked to the change of control of ATHEX and its subsidiaries.
If, at the end of the Acceptance Period and subject to the fulfilment of the conditions, the relevant threshold is reached and, consequently, at closing, Euronext holds at least 52,065,000 ATHEX Shares representing at least 90.0% of ATHEX’s voting rights, Euronext will exercise its squeeze-out right by filing an application to the Hellenic Capital Market Commission (“HCMC”) in accordance with the Law. Those shareholders who have not accepted the Tender Offer will, in such scenario, have the right to exercise their sell-out rights in accordance with the Law.
The Consideration Shares carry the right to dividends, capital returns, distributions from distributable reserves or other distributions that may be made by Euronext after the date on which settlement of the Tender Offer is completed. Detailed information in relation to, among other matters, Consideration Shares and the rights of the holders of Consideration Shares is included in the Information Circular (www.euronext.com/en/athex-offer).
Financial impact and integration plan
Euronext expects to deliver significant synergies from the integration of ATHEX into its European market infrastructure. Annual run-rate cash synergies of €12 million are targeted by the end of 2028, notably through (i) the migration of Greek trading to Optiq, and (ii) the harmonisation of central functions. Implementation costs to deliver those synergies are expected to amount to €25 million. The transaction is expected to be accretive for Euronext shareholders after the delivery of synergies in year 1.
The transaction is in line with Euronext’s investment criteria of ROCE above WACC in years 3 to 5 after the acquisition. The proposed Tender Offer enables Euronext to preserve spare debt capacity to finance further diversification deals and to enhance the free float liquidity of the stock.
In line with Euronext’s federal model, the CEO of ATHEX would be proposed to join the Managing Board of Euronext N.V., and an independent representative from the Greek financial ecosystem would be proposed for the Supervisory Board of Euronext at the 2026 annual general meeting, replacing one of the current independent members of the Supervisory Board. The HCMC would remain the primary supervisory authority for Greek markets and would be invited to join Euronext’s College of Regulators, becoming part of the supervision of the Euronext Group.
Expected timetable of principal events for the Tender Offer follows:
3 October 2025: Approval of the Information Circular by the HCMC.
6 October 2025: Commencement of the Acceptance Period.
17 November 2025: End of the Acceptance Period.
19 November 2025: Announcement by Euronext of the results of the Tender Offer.
24 November 2025: Subject to (i) the prerequisite that at least the Minimum Number of Shares have been lawfully and validly tendered to Euronext, and (ii) receipt of the customary change of control regulatory approvals of ATHEX and its subsidiaries:
Registration of the transfer of the transferred shares to the securities account of the Offeror at the DSS.Delivery of the Consideration Shares to the accepting shareholders.Commencement of listing and trading of the Consideration Shares on Euronext Amsterdam, Euronext Brussels, Euronext Lisbon and Euronext Paris The procedure that ATHEX Shareholders should follow, in order to accept the Tender Offer:
Review the Information Circular of the Tender Offer approved by the HCMC, available on (i) the Euronext website (www.euronext.com/en/athex-offer)
(ii) the HCMC website (www.hcmc.gr/el_GR/web/portal/deltia12minou)
(iii) the ATHEX website (www.athexgroup.gr/en/market-data/informative-material)
(iv) the Eurobank website (https://www.eurobank.gr/el/omilos/enimerosi-ependuton/enimerotika-deltia/diaxeiristis-trapezas-eurobank).
Review the Exemption Document containing information describing the Tender Offer, available on the Euronext website (www.euronext.com/en/athex-offer)Accepting Shareholders must contact the DSS Participant/Intermediary (bank, brokerage firm or investment firm) through which they hold their ATHEX Shares in the DSS, expressing their intention to participate in the Tender Offer. Each Declaration of Acceptance must relate to at least one (1) ATHEX share or integer multiples thereof.Beginning on 6 October 2025, and for the whole duration of the Acceptance Period, printed copies of the Information Circular will be available, free of charge, at any of the branches of Eurobank, in Greece. For further information and news about the Tender Offer, please visit our dedicated webpage: www.euronext.com/en/athex-offer
Capitalised terms not defined herein shall have the meanings ascribed to it in the Information Circular.
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal.
As of June 2025, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal host nearly 1,800 listed issuers with €6.3 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.
For the latest news, go to euronext.com or follow us on X and LinkedIn.
Disclaimer
This press release is for information purposes only: it is not a recommendation to engage in investment activities and is provided “as is”, without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext. This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is available at www.euronext.com/terms-use.
The Euronext Group processes your personal data in order to provide you with information about Euronext (the "Purpose"). With regard to the processing of this personal data, Euronext will comply with its obligations under Regulation (EU) 2016/679 of the European Parliament and Council of 27 April 2016 (General Data Protection Regulation, “GDPR”), and any applicable national laws, rules and regulations implementing the GDPR, as provided in its privacy statement available at: www.euronext.com/privacy-policy. In accordance with the applicable legislation you have rights with regard to the processing of your personal data: for more information on your rights, please refer to: www.euronext.com/data_subjects_rights_request_information. To make a request regarding the processing of your data or to unsubscribe from this press release service, please use our data subject request form at connect2.euronext.com/form/data-subjects-rights-request or email our Data Protection Officer at [email protected].
PR_Euronext Public Tender Offer ATHEX-6-10-2025
2025-10-06 04:487mo ago
2025-10-06 00:347mo ago
LD Micro Celebrates the 2,000th Company: MDB Capital Holdings (MDBH)
October 06, 2025 12:34 AM EDT | Source: LD Micro
Santa Monica, California and Addison, Texas--(Newsfile Corp. - October 6, 2025) - LD Micro, a premier resource for microcap investors and a wholly owned subsidiary of Freedom US Markets, and MDB Capital Holdings, LLC (NASDAQ: MDBH) ("MDB"), a public venture platform focused on launching category-leading "Big Idea" companies, today announced an important milestone nearly two decades in the making.
MDB has become LD Micro's 2,000th presenting company, marking a new chapter for a platform established in March 2006 by two visionaries seeking a better way to analyze the next generation of breakthrough companies.
"It has been a privilege to watch LD Micro evolve into a cornerstone of the microcap community over these many years," stated Chris Lahiji, Founder of LD Micro. "This platform was created out of a genuine passion for supporting innovative, high-potential businesses and connecting them with investors committed to the public microcap sector. Achieving the milestone of 2,000 presenters, particularly as the universe of U.S. public companies has decreased from 8,000 to approximately 4,000 over the past two decades, underscores our ongoing dedication. We are honored to have MDB Capital (MDBH) join us in celebrating this achievement, and we look forward to their participation at the Main Event at Hotel Del Coronado in less than two weeks."
"MDB Capital is honored to be the 2,000th company to present at LD Micro, a platform we have respected and worked alongside as part of our firm's journey," said Chris Marlett, CEO and Co-Founder of MDB. "For 28 years, MDB has been deeply committed to the microcap public markets, championing them as the preferred channel for game-changing companies to access growth capital. In a time when the number of public companies has declined sharply, we salute Chris Lahiji and the LD Micro team for their dedication in nurturing this ecosystem. We believe a major shift is underway: for today's most promising innovators, going public is once again emerging as a smarter, more impactful path than remaining private. That is precisely why, for the first time, MDB will be presenting at a microcap conference and we are thrilled to do so at LD Micro."
MDB will present at LD Micro on Tuesday, October 21, at 10:30 am.
About MDB Capital
Founded in 1997, MDB Capital focuses on launching "Big Ideas" through a unique approach to public venture capital. The firm emphasizes community-driven financings of early-stage leaders in significant business and technology categories via early public offerings, primarily on NASDAQ, as well as post-IPO offerings for qualifying companies. MDB Capital Holdings, LLC (NASDAQ: MDBH) and its subsidiaries-including MDB Capital, a venture-focused broker-dealer with the MDB Direct trading platform, and PatentVest, the first integrated IP strategy and law firm—operate under the MDB Capital brand. MDB Capital is a registered broker-dealer, Member FINRA/SIPC.
About LD Micro
LD Micro, a wholly owned subsidiary of Freedom US Markets, was founded in 2006 with the sole purpose of being an independent resource in the micro-cap space. Through the LD Micro Index and annual investor conferences, LD Micro has served as an invaluable asset to all those interested in discovering the next generation of great companies.
For more information on LD Micro, visit www.ldmicro.com.
LD Micro Company Contact:
Chris Lahiji, Co-founder LD Micro [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269121
2025-10-06 04:487mo ago
2025-10-06 00:367mo ago
Tesla teases Tuesday event as focus shifts to affordable EVs
Tesla logo is seen in this illustration taken July 23, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab
CompaniesOct 5 (Reuters) - Tesla
(TSLA.O), opens new tab on Sunday teased an October 7 event, as investors and analysts await a more affordable model to sustain sales momentum.
In a nine-second
video, opens new tab posted on social media platform X, the Elon Musk-led automaker showed a vehicle with its headlights illuminated in a dark setting. The company hinted at an event scheduled for Tuesday in a
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Tesla has previously delayed rolling out a lower-cost version of the Model Y in the United States. The company said in June that it had made "first builds" of the vehicle, but would start selling it in the fourth quarter and ramp up output slower than planned.
The stripped-down version is designed to be roughly 20% cheaper to produce than the refreshed Model Y and could scale to about 250,000 units a year in the U.S. by 2026, sources told Reuters earlier this year.
Tesla reported record quarterly deliveries for the three months ended September, driven by a surge in EV purchases ahead of the U.S. tax credit's expiration.
The teaser videos followed the expiration of a $7,500 U.S. EV tax credit on September 30, a shift that could shape consumer choices and prompt Tesla to recalibrate its pricing strategy.
Reporting by Mrinmay Dey in Bengaluru; Editing by Jamie Freed
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2025-10-06 03:487mo ago
2025-10-05 22:597mo ago
DON: The Macro Setup Now Supports Mid-Cap Dividend Stocks
SummaryWisdomTree U.S. MidCap Dividend Fund remains a buy, offering attractive valuation and higher yield versus the S&P 500 despite recent underperformance.DON's portfolio leans toward cyclical sectors like Financials, Industrials, and Consumer Discretionary, positioning it to benefit from strong GDP growth and potential Fed rate cuts.The ETF's technical picture is mixed, with key resistance at $53-$54 and a downward-trending 200-day moving average, but seasonal trends are favorable.Solid economic growth and declining Treasury yields support the investment thesis for DON as a value-oriented mid-cap dividend strategy into year-end. Getty Images
The bull market turns three years old next week. The SPDR S&P 500 ETF (SPY) has returned 96% from the closing low on October 12, 2022, to today. It has been a “Magnificent” rally, so to speak, as the Mag 7 have been the
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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Mitsubishi Electric Collaborating with JICA and Hankyu to Promote Energy Conservation of Manila's Light Rail
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2025-10-06 03:487mo ago
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SLQT INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of SelectQuote
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In SelectQuote To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in SelectQuote between September 9, 2020 and May 1, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE:SLQT) and reminds investors of the October 10, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that the Company was directing Medicare beneficiaries to the plans offered by insurers that best compensated SelectQuote, regardless of the quality or suitability of the insurers’ plans; (2) that SelectQuote did not provided unbiased comparison shopping for Medicare Advantage insurance plans; (3) that SelectQuote received illegal kickbacks to steer Medicare beneficiaries to certain insurers and limit enrollment in competitors’ plans; (4) that as a result, SelectQuote had not complied with applicable laws, regulations, and contractual provisions; (5) that SelectQuote was vulnerable to regulatory and legal sanctions as a result of its conduct, including claims that it had violated the False Claims Act; and (6) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On May 1, 2025, the U.S. Department of Justice (“DOJ”) filed a False Claims Act complaint against SelectQuote, alleging, “[f]rom 2016 through at least 2021” SelectQuote received “tens of millions of dollars” in “illegal kickbacks” from health insurance companies in exchange for steering Medicare beneficiaries to enroll in the insurers’ plans. Further, SelectQuote, in exchange for kickbacks, engaged in a conspiracy with major insurers to illegally discriminate against beneficiaries deemed to be less profitable, including those with disabilities. The DOJ concluded that SelectQuote made materially false claims by stating it offers “unbiased coverage comparisons” when in fact it “repeatedly directed Medicare beneficiaries to the plans offered by insurers that paid them the most money, regardless of the quality or suitability of the insurers’ plans.”
On this news, SelectQuote’s stock price fell $0.61, or 19.2%, to close at $2.56 per share on May 1, 2025, on unusually heavy trading volume.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding SelectQuote’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the SelectQuote class action, go to www.faruqilaw.com/SLQT or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
2025-10-06 03:487mo ago
2025-10-05 23:107mo ago
SVRA INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Savara
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Savara To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Savara between March 7, 2024 and May 23, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Savara Inc. (“Savara” or the “Company”) (NASDAQ: SVRA) and reminds investors of the November 7, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the MOLBREEVI BLA lacked sufficient information regarding MOLBREEVI’s chemistry, manufacturing, and/or controls; (2) accordingly, the FDA was unlikely to approve the MOLBREEVI BLA in its current form; (3) the foregoing made it unlikely that Savara would complete its submission of the MOLBREEVI BLA within the timeframe it had represented to investors; (iv) the delay in MOLBREEVI’s regulatory approval increased the likelihood that the Company would need to raise additional capital; and (v) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
On May 27, 2025, Savara issued a press release "announc[ing] that the Company received [a refusal to file] letter from the FDA for the [Biologics License Application] of MOLBREEVI as a therapy to treat patients with autoimmune PAP."
On this news, Savara's stock price fell $0.90 per share, or 31.69%, to close at $1.94 per share on May 27, 2025.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Savara’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Savara class action, go to www.faruqilaw.com/SVRA or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
2025-10-06 03:487mo ago
2025-10-05 23:147mo ago
LNTH INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Lantheus
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Lantheus To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Lantheus between February 26, 2025 and August 5, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lantheus Holdings, Inc. (“Lantheus” or the “Company”) (NASDAQ: LNTH) and reminds investors of the November 10, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
According to the complaint, defendants provided investors with misleading statements concerning the true state of Pylarify’s competitive position; notably, that Lantheus was not equipped to properly assess the pricing and competitive dynamics for Pylarify, risking Pylarify’s price point, revenue, and overall growth potential. These statements caused Plaintiff and other shareholders to purchase Lantheus’ securities at artificially inflated prices.
Investors began to question the veracity of Defendants’ public statements on May 7, 2025, when Lantheus reported its first quarter results below market expectations with Pylarify’s performance particularly falling short. Then, on August 6, 2025, Lantheus again announced disappointing results and significantly reduced growth expectations for Pylarify, which had fallen 8.3% year-over-year, and slashed fiscal year 2025 growth projections. Defendants attributed the losses to the ongoing competition, impacting Pylarify’s pricing dynamics.
Investors and analysts reacted promptly to Lantheus’ revelations. The price of Lantheus’ common stock declined dramatically. From a closing market price of $72.83 per share on August 5, 2025, Lantheus’ stock price fell to $51.87 per share on August 6, 2025, a decline of about 28.8% in the span of one day.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Lantheus’ conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Lantheus Holdings, Inc. class action, go to www.faruqilaw.com/LNTH or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
2025-10-06 03:487mo ago
2025-10-05 23:177mo ago
Quantum Computing Inc. Announces $750 Million Oversubscribed Private Placement of Common Stock Priced at the Market Under Nasdaq Rules
The offering is being led by QCi's largest existing shareholders
Company's pro-forma cash position expected to be approximately $ 1.55 billion following closing
, /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that it has entered into securities purchase agreements with institutional investors for the purchase and sale of 37,183,937 shares of common stock in an oversubscribed private placement priced at the market under Nasdaq rules. The offering is expected to result in gross proceeds of $750 million, before deducting offering expenses. The closing of the offering is expected to occur on or about October 8, 2025, subject to the satisfaction of customary closing conditions.
The Company intends to use the net proceeds from the offering to fully fund commercialization, pursue strategic acquisitions, establish volume production capabilities, expand sales and engineering personnel, working capital, and general corporate purposes.
Titan Partners Group, a division of American Capital Partners, is acting as the sole placement agent for the offering.
"Total capital raised since November 2024 is now $1.64 billion, positioning QCi with the strongest balance sheet among publicly traded quantum computing companies and providing what we believe is sufficient funding to execute our current business plan through 2028. The support from our existing investors through this recent raise is validation of our vision, technology, and roadmap. Our focus now shifts to expedite the transition from a quantum technology innovation company to a leading quantum hardware manufacturer, progressing our mission of putting quantum into the hands of people," said Dr. Yuping Huang, CEO and Chairman of the Board of QCi.
The securities issued in the private placement described above have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Company has agreed to file a resale registration statement with the SEC for purposes of registering the resale of the shares of common stock issued in connection with the private placement.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Quantum Computing Inc.
Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT) is an innovative, integrated photonics and quantum optics technology company that provides accessible and affordable quantum machines and foundry services for the production of photonic chips based on thin-film lithium niobate (TFLN). QCi's products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technologies and products offer unique capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications.
About Titan Partners
Titan Partners Group, a division of American Capital Partners, is a boutique investment bank specializing in tailored solutions for publicly traded emerging growth companies. Titan Partners combines expertise, trust, dedication, and a forward-thinking approach to help clients achieve their strategic capital needs.
Forward-Looking Statements
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, generally identified by terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," "aim to," or variations of these or similar words, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the expected closing of the offering, QCi's use of the net proceeds from the offering and the anticipated benefits that the Company may realize from the offering. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including having sufficient funding to execute our current business plan, the timing of orders and revenue, and the outcome of ongoing collaborations and demonstration projects with certain U.S. government agencies, academic institutions and commercial customers, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, QCi undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.
Company Contact:
Rosalyn Christian/John Nesbett
IMS Investor Relations
[email protected]
Titan Partners Contact:
[email protected]
4 World Trade Center, 29th Floor
New York, NY 10007
(929) 833-1246
www.titanpartnersgrp.com
SOURCE Quantum Computing Inc.
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2025-10-06 03:487mo ago
2025-10-05 23:187mo ago
SMLR INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Semler Scientific
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Semler Scientific To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Semler Scientific between March 10, 2021 and April 15, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Semler Scientific, Inc. (“Semler Scientific” or the “Company”) (NASDAQ: SMLR) and reminds investors of the October 28, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Semler Scientific did not disclose a material investigation by the United States Department of Justice (the “DOJ”) into violations of the False Claims Act, while discussing possible violations of the False Claims (and aggressive DOJ enforcement thereof) in hypothetical terms; and (2) as a result, defendants public statements were materially false and/or misleading at all relevant times.
After trading hours on February 28, 2025, Semler Scientific filed with the SEC its 2024 annual report on Form 10-K. The annual report disclosed that on February 11, 2025, Semler Scientific "began initial settlement discussions with DOJ [(the United States Department of Justice)], but ceased initial discussions on that date. Accordingly, there is a risk that DOJ will file a complaint or complaint in intervention in a civil False Claims Act lawsuit seeking damages. [Semler Scientific] does not believe the amount of loss can be reasonably estimated."
On this news, Semler Scientific's stock fell over 9% on the next trading day.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Semler Scientific’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Semler Scientific class action, go to www.faruqilaw.com/SMLR or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
2025-10-06 03:487mo ago
2025-10-05 23:187mo ago
CHTR INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Charter Communications
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Charter To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Charter between July 26, 2024 and July 24, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Charter Communications, Inc. (“Charter” or the “Company”) (NASDAQ: CHTR) and reminds investors of the October 13, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (i) the impact of the ACP end was a material event the Company was unable to manage or promptly move beyond; (ii) the ACP end was actually having a sustaining impact on Internet customer declines and revenue; (iii) neither was the Company executing broader operations in a way that would compensate for, or overcome the impact, of the ACP ending; (iv) the Internet customer declines and broader failure of Charter’s execution strategy created much greater risks on business plans and earnings growth than reported; (v) accordingly, the Company had no reasonable basis to state the Company was successfully executing operations, managing causes of Internet customer declines, or provide overly optimistic statements about the long term trajectory of the Company and EBITDA growth; and (iv) as a result of the foregoing, Defendants materially misled with, and/or lacked a reasonable basis for, their positive statements about the Company’s business, operations, outlook during the Class Period.
On July 25, 2025, Charter released its second quarter 2025 financial results, reporting that total internet customers had declined by 117,000, compared to about 100,000 in the second quarter of 2024, when adjusted to remove the prior year's impact of the end of the Affordable Connectivity Program. The Company's total video customers also decreased by 80,000.
On this news, Charter's stock price fell $70.25 per share, or 18.5%, to close at $309.75 per share on July 25, 2025.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Charter’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Charter Communications class action, go to www.faruqilaw.com/CHTR or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
2025-10-06 03:487mo ago
2025-10-05 23:207mo ago
QMCO INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Quantum Corporation
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Quantum Corporation To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Quantum Corporation between November 15, 2024 and August 18, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Quantum Corporation (“Quantum Corporation” or the “Company”) (NASDAQ: QMCO) and reminds investors of the November 3, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
According to the lawsuit, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Quantum Corporation improperly recognized revenue during the fiscal year ended March 31, 2025; (2) Quantum Corporation would therefore need to restate its previously filed financial statements for the fiscal third quarter ended December 31, 2024; and (3) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.
On June 30, 2025, Quantum disclosed that it would be unable to timely file its annual financial report for the fiscal year 2025 as it is “reviewing its accounting related to certain revenue contracts as well as the application of standalone selling price under applicable accounting standards.”
On this news, Quantum’s stock price fell $1.00, or 10.03%, to close at $8.97 per share on June 30, 2025, thereby injuring investors.
Then, on August 8, 2025, Quantum announced that its third quarter 2024 financial statements “should no longer be relied upon” due to “deficiencies in the Company’s internal control over financial reporting and the Company’s disclosure controls and procedures that constituted material weaknesses.” The Company further disclosed that the affected financial statements would be restated to show a new decrease of approximately $3.9 million in revenue.
On this news, Quantum’s stock price fell $0.14, or 1.79%, to close at $7.66 per share on August 11, 2025.
Then, on August 18, 2025, Quantum disclosed that its CEO would be resigning from the role after only five months in the position.
On this news, Quantum’s stock price fell $0.61, or 8.2%, to close at $6.83 per share on August 19, 2025, thereby injuring investors further.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Quantum Corporation’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Quantum Corporation class action, go to www.faruqilaw.com/QMCO or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
2025-10-06 03:487mo ago
2025-10-05 23:207mo ago
LFMD INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of LifeMD
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding In LifeMD To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in LifeMD between May 7, 2025 and August 5, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against LifeMD, Inc. (“LifeMD” or the “Company”) (NASDAQ: LFMD) and reminds investors of the October 27, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Defendants materially overstated LifeMD’s competitive position; (2) Defendants were reckless in raising LifeMD’s 2025 guidance, considering that they had not properly accounted for rising customer acquisition costs in LifeMD’s RexMD segment, as well as for customer acquisition costs related to the sale of drugs designed to treat obesity, including Wegovy and Zepbound; and (3) as a result, Defendants’ statements about LifeMD’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
On August 5, 2025, after the market closed, LifeMD reported its financial results for the second quarter of 2025. In this announcement, LifeMD announced revised guidance. Among other metrics, LifeMD stated that it was expecting total revenue in the range of $250 to $255 million, compared with previous guidance of $268 to $275 million.
On this news, LifeMD's stock plummeted 44.8% on August 6, 2025.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding LifeMD’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the LifeMD class action, go to www.faruqilaw.com/LFMD or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
2025-10-06 03:487mo ago
2025-10-05 23:217mo ago
INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Tronox
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Tronox To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Tronox between February 2, 2025 and July 30, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Tronox Holdings plc (“Tronox” or the “Company”) (NYSE: TROX) and reminds investors of the November 3, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Tronox’s ability to forecast the demand for its pigment and zircon products or otherwise the true state of its commercial division, despite making lofty long-term projections, Tronox’s forecasting processes fell short as sales continued to decline and costs increased, ultimately, derailing the Company’s revenue projections.
On July 30, 2025, Tronox announced its financial results for the second quarter of fiscal 2025, revealing a significant reduction in TiO2 sales for the quarter. The Company attributed the decline to “softer than anticipated coatings season and heightened competitive dynamics.” As a result of the setback in sales, defendants revised the Company’s 2025 financial outlook lowering its full-year revenue guidance and reducing its dividend by 60%.
Following this news, Tronox’s common stock declined dramatically. From a closing market price of $5.14 per share on July 30, 2025, Tronox’s stock price fell to $3.19 per share on July 31, 2025, a decline of about 38% in the span of just a single day.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Tronox’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Tronox Holdings class action, go to www.faruqilaw.com/TROX or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
Analyst’s Disclosure:I/we have a beneficial long position in the shares of IBIT, BTC-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-06 03:487mo ago
2025-10-05 23:287mo ago
JSPR INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Jasper
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Jasper To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Jasper between November 30, 2023 and July 3, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Jasper Therapeutics, Inc. (“Jasper” or the “Company”) (NASDAQ: JSPR) and reminds investors of the November 18, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (i) Jasper lacked the controls and procedures necessary to ensure that the third-party manufacturers on which it relied were manufacturing products in full accordance with cGMP regulations and otherwise suitable for use in clinical trials; (ii) the foregoing failure increased the risk that results of ongoing studies would be confounded, thereby negatively impacting the regulatory and commercial prospects of the Company's products, including briquilimab; (iii) the foregoing increased the likelihood of disruptive cost-reduction measures; (iv) accordingly, the Company's business and/or financial prospects, as well as briquilimab's clinical and/or commercial prospects, were overstated; and (v) as a result, Defendants' public statements were materially false and misleading at all relevant times.
On July 7, 2025, Jasper issued a press release reporting updated data from the BEACON Study. The press release stated that "[r]esults from the 240mg Q8W and the 240mg followed by 180mg Q8W dose cohorts appear to be confounded by an issue with one drug product lot used in those cohorts, with 10 of the 13 patients dosed with drug from the lot in question," that "[t]he Company is investigating the drug product lot in question and expects to have the results of that investigation in the coming weeks," and that Jasper was "taking steps to ensure that drug product from the lot in question is returned to the Company and that sites have drug product from other lots to continue dosing." Further, the press release revealed that the Company "has also determined that the drug product lot in question was used to treat participants enrolled in the ETESIAN [Study]. As a result, and in order to focus resources on advancing briquilimab in CSU, the Company is halting the study and pausing development in asthma." Finally, the press release stated that "the Company is halting development in SCID" and, contrary to its prior representation of having a strong balance sheet and a cash runway extending "through the third quarter of 2025," that Jasper "will be implementing a number of other cost cutting measures including a potential restructuring, to extend runway and reduce expenses."
On this news, Jasper's stock price fell $3.73 per share, or 55.1%, to close at $3.04 per share on July 7, 2025.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Jasper’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Jasper Therapeutics, Inc. class action, go to www.faruqilaw.com/JSPR or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3effc2ce-fdf3-453c-8726-b1e8934a286f
2025-10-06 03:487mo ago
2025-10-05 23:297mo ago
EW Investor News: If You Have Suffered Losses in Edwards Lifesciences Corporation (NYSE: EW), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential breaches of fiduciary duties by the directors and officers of Edwards Lifesciences Corporation (NYSE: EW).
SO WHAT: If you currently own shares of Edwards stock, please visit the firm’s website at https://rosenlegal.com/submit-form/?case_id=29704 for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected].
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
2025-10-06 03:487mo ago
2025-10-05 23:307mo ago
VFC INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of V.F. Corporation
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In VFC To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in VFC between October 30, 2023 and May 20, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against V.F. Corporation (“VFC” or the “Company”) (NYSE: VFC) and reminds investors of the November 12, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: the true state of VFC’s turnaround plans; notably, that additional significant reset actions would be necessary to return the Vans brand to growth, resulting in significant setbacks to Vans’ revenue growth trajectory. These statements caused Plaintiff and other shareholders to purchase and/or acquire VFC’s securities at artificially inflated prices.
The truth emerged on May 21, 2025, when VFC reported its fourth quarter and full-year fiscal 2025 results, highlighting a significant decline in Vans’ growth trajectory, which faltered from an 8% loss the quarter before to a 20% loss in the fourth quarter, and noting such decline would continue through the next quarter. The Company attributed its results and below-expectation guidance largely as “a direct effect of deliberately reduced revenue to eliminate unprofitable or unproductive businesses” and “an additional set of deliberate actions” already in-place but previously unannounced. VFC further noted that, disregarding these deliberate actions, Vans would still have shown a “high single digit[]” revenue decline, suggesting growth slowed in comparison to the prior years’ sequential improvements irrespective of management’s new “deliberate actions.”
Investors and analysts reacted immediately to VFC’s revelation. The price of VFC’s common stock declined dramatically. From a closing market price of $14.43 per share on May 20, 2025, VFC’s stock price fell to $12.15 per share on May 21, 2025, a decline of about 15.8% in the span of just a single day.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding VFC’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the V.F. Corporation class action, go to www.faruqilaw.com/VFC or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
2025-10-06 03:487mo ago
2025-10-05 23:347mo ago
CYTK INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Cytokinetics
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Cytokinetics To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Cytokinetics between December 27, 2023 and May 6, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Cytokinetics, Incorporated (“Cytokinetics” or the “Company”) (NASDAQ: CYTK) and reminds investors of the November 17, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
According to the complaint, defendants made materially false and misleading statements regarding the timeline for the New Drug Application (“NDA”) submission and approval process for aficamten. Specifically, defendants represented that the Company expected approval from the U.S. Food and Drug Administration (“FDA”) for its NDA for aficamten in the second half of 2025, based on a September 26, 2025 PDUFA date, and failed to disclose material risks related to the Company’s failure to submit a Risk Evaluation and Mitigation Strategy (“REMS”) that could delay the regulatory process.
On May 6, 2025, during an earnings call, it was revealed that the Company had multiple pre-NDA meetings with the FDA discussing safety monitoring and risk mitigation but chose to submit the NDA without a REMS, relying on labeling and voluntary education materials. This confirmed defendants’ awareness of potential REMS requirements and their reckless decision to omit it from the initial submission, misleading investors about the regulatory timeline.
As a result of defendants’ false and misleading statements, class members purchased Cytokinetics’ common stock at artificially inflated prices and suffered significant losses when the truth was revealed.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Cytokinetics’ conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Cytokinetics, Incorporated class action, go to www.faruqilaw.com/CYTK or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9e79d30e-c6e9-449b-91a9-563a45567b08
2025-10-06 03:487mo ago
2025-10-05 23:377mo ago
ILCV: Ultra-Low-Cost Value ETF Deserves A Conservative Hold Rating
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-06 03:487mo ago
2025-10-05 23:397mo ago
KBR INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of KBR
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In KBR To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in KBR between May 6, 2025 and June 19, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against KBR, Inc. (“KBR” or the “Company”) (NYSE: KBR) and reminds investors of the November 18, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Despite the knowledge that the U.S. Department of Defense’s Transportation Command (TRANSCOM) had, for months, had material concerns with HomeSafe’s ability to fulfill the Global Household Goods Contract, defendants claimed that the partnership was without issue, and would ramp up in future quarters; and (2) as a result, defendants statements about KBR’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
On June 19, 2025, after the market closed, HomeSafe issued a press release entitled “HomeSafe Alliance announces TRANSCOM’s Notice to Terminate Global Household Goods Contract.” The next day, before market hours, KBR issued a press release entitled “KBR Announcement on HomeSafe Alliance Global Household Goods Contract.”
On this news, the price of KBR stock fell $3.85 per share, or 7.29%, to close at $48.93 on June 20, 2025. On June 23, 2025, the next trading day, KBR stock fell a further $1.30, or 2.65%, to close at $47.63 on June 23, 2025.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding KBR’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the KBR class action, go to www.faruqilaw.com/KBR or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2835af11-efc3-4f40-a469-5790fc824fd8
2025-10-06 03:487mo ago
2025-10-05 23:407mo ago
ALT INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Altimmune
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Altimmune To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Altimmune between August 10, 2023 and June 25, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- , October 3, 2025 / PR Newswire / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Altimmune, Inc. (“Altimmune” or the “Company”) (NASDAQ: ALT) and reminds investors of the October 6, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
According to the complaint, on June 26, 2025, Altimmune published a press release announcing topline results from the IMPACT Phase 2b MASH trial of Pemvidutide in the Treatment of MASH. While defendants had continuously provided inflated expectations ahead of these results, the analysis showed a pointed failure by the Company to achieve statistical significance in its analysis of the fibrosis reduction primary endpoint in its IMPACT Phase 2b MASH trial. In particular, while a positive trend in fibrosis improvement was observed, statistical significance was not met due to a higher-than-expected placebo response. When questioned about this concerning miss, defendants answered indifferently, attributing this result to the Phase 2 nature of the trial and stated that Altimmune was hoping for better results following the Phase 3 trial.
Following this news, the price of Altimmune’s common stock declined dramatically. From a closing market price of $7.71 per share on June 25, 2025, Altimmune’s stock price fell to $3.61 per share on June 26, 2025, a decline of 53.2% in the span of just a single day.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Altimmune’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Altimmune, Inc. class action, go to www.faruqilaw.com/ALT or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2835af11-efc3-4f40-a469-5790fc824fd8
2025-10-06 03:487mo ago
2025-10-05 23:437mo ago
MLTX INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of MoonLake Immunotherapeutics
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Significant Losses In MoonLake To Contact Him Directly To Discuss Their Options
If you suffered significant losses in MoonLake stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against MoonLake Immunotherapeutics (“MoonLake” or the “Company”) (NASDAQ: MLTX).
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
Moonlake Immunotherapeutics saw its shares plummet over 80% on Monday after disappointing results from two late-stage trials of its experimental drug, sonelokimab, for hidradenitis suppurativa. While one study showed a statistically significant improvement over placebo, the margin of benefit fell short of investor expectations. The second trial failed to meet its primary endpoint entirely, with the company citing an unexpectedly high placebo response. The underwhelming data has cast doubt on the drug's regulatory path and commercial potential, prompting skepticism from analysts and a sharp market sell-off.
To learn more about the MoonLake investigation, go to www.faruqilaw.com/MLTX or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
2025-10-06 03:487mo ago
2025-10-05 23:437mo ago
UNCY INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Unicycive
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Unicycive To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Unicycive between March 29, 2024 and June 27, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Unicycive Therapeutics, Inc. (“Unicycive” or the “Company”) (NASDAQ: UNCY) and reminds investors of the October 14, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (i) Unicycive's readiness and ability to satisfy the FDA's manufacturing compliance requirements was overstated; (ii) the OLC NDA's regulatory prospects were likewise overstated; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times.
On June 10, 2025, Unicycive issued a press release "announcing an update on its [NDA] for [OLC] to treat hyperphosphatemia in patients with [CKD] on dialysis." Therein, the Company disclosed that the FDA "had identified deficiencies in cGMP [current good manufacturing practice] compliance at a third-party manufacturing vendor"-specifically, a third-party subcontractor of Unicycive's contract development and manufacturing organization ("CDMO")-"following an FDA inspection" and that, "given the identified deficiencies, any label discussions between the FDA and the Company are precluded."
On this news, Unicycive's stock price fell $3.68 per share, or 40.89%, to close at $5.32 per share on June 10, 2025.
Then, on June 30, 2025, Unicycive issued a press release announcing that the FDA had issued a Complete Response Letter for the OLC NDA, citing the previously identified cGMP deficiencies at the third-party subcontractor of its CDMO.
On this news, Unicycive's stock price fell $2.03 per share, or 29.85%, to close at $4.77 per share on June 30, 2025.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Unicycive’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Unicycive Therapeutics class action, go to www.faruqilaw.com/UNCY or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
2025-10-06 03:487mo ago
2025-10-05 23:467mo ago
NUTX INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Nutex Health
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Nutex To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Nutex between August 8, 2024 and August 15, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Nutex Health Inc. (“Nutex” or the “Company”) (NASDAQ: NUTX) and reminds investors of the October 21, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) HaloMD was achieving lucrative arbitration results for Nutex by engaging in a coordinated scheme to defraud insurance companies; (2) as a result, to the extent that they were the product of fraudulent conduct, revenues attributable to the Company's engagement with HaloMD in the IDR process were unsustainable; (3) in addition, the Company overstated the extent to which it had remediated, and/or its ability to remediate, the material weaknesses in its internal controls over financial reporting; (4) as a result, the Company was unable to effectively account for the treatment of certain of its stock based compensation obligations; (5) as a result, Nutex improperly calculated these stock based compensation obligations as equity rather than liabilities; (6) the foregoing increased the risk that the Company would be unable to timely file certain financial reports with the United States Securities and Exchange Commission ("SEC"); (7) accordingly, Nutex's business and/or financial prospects were overstated; and (8) as a result, Defendants' public statements were materially false and misleading at all relevant times.
On July 22, 2025, Blue Orca Capital ("Blue Orca") issued a short report on Nutex. The Blue Orca report alleges, among other things, that Nutex faces litigation risk due to its relationship with HaloMD, a third-party vendor that was recently sued for engaging in a "coordinated fraudulent scheme" to take millions from insurance companies on behalf of healthcare billing clients.
Following publication of the Blue Orca report, Nutex's stock price fell $11.18 per share, or 10.05%, to close at $100.01 per share on July 22, 2025.
On July 24, 2025, Nutex issued a press release responding to the Blue Orca Report, stating that it "strongly disagrees with the allegations in the report" and that it "expects to provide related updates in its upcoming earnings release and Form 10-Q for the second quarter of 2025 due on or before August 14, 2025."
However, after the market closed on August 14, 2025, Nutex announced that it would "delay filing its Form 10-Q for the period ending June 30, 2025", citing "non-cash accounting adjustments related to the treatment of stock-based compensation obligations for certain under-construction and ramping hospitals, as disclosed in previous filings."
When Nutex failed to rebut the allegations of the Blue Orca Report, the Company's stock price fell $18.22 per share, or 16.39%, to close at $92.91 per share on August 15, 2025.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Nutex’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Nutex Health class action, go to www.faruqilaw.com/NUTX or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cffc24f-1f2f-4a65-9fc1-400954361ba2
Despite a long history of returning value to shareholders, these two industry giants have traded lower over the past year -- but it's an opportunity for investors.
"Do you know the only thing that gives me pleasure? It's to see my dividends coming in."
– John D. Rockefeller
Rockefeller was onto something there: Receiving quarterly dividend payments is one of the most satisfying things for anyone looking to reinvest for the power of compounding.
These two dividend stocks offer investors not only a long history of consistent dividends (and increases), they also both have strong economic moats to help ensure financial growth over the long haul. Here's why these two deserve income investors' consideration.
Getting back to its higher-margin roots
The Canadian National Railway (CNI 2.02%) is a powerful company, driving the economy by transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America annually. It has nearly 20,000 miles of rail lines and related transportation services, connecting Canada's East and West Coasts, and the Midwest, including a valuable route through Chicago and all the way to New Orleans.
What makes CN (as it's known for short) a great dividend stock is an economic moat that's based not only on its geographic reach but also on its extensive railroad infrastructure that's nearly impossible to replicate. And it's the primary and most significant rail operator for the Port of Prince Rupert in British Columbia, which contributes to its intermodal growth potential.
Those competitive advantages and its moat help the company continue to print cash, and in turn increase its dividend. The growth of both is obvious in the graph below.
CNI Free Cash Flow data by YCharts.
CN has closed the margin gap with competitors in recent years, after having led the industry in the early 2000s thanks to pioneering the practice of precision scheduled railroading (PSR). However, the father of PSR, Hunter Harrison, took his talents to competitors in 2009, and while his innovations still have their imprint on the business, the company needs to refocus on margins.
While that process develops, investors have a respectable dividend yield of 2.7% and a history of consistent increases.
A snack and beverage juggernaut
PepsiCo (PEP -0.24%) is a household name and global leader in snacks and beverages with brands including its namesake Pepsi, as well as Gatorade, Lay's, Cheetos, and Doritos, among many others. The company dominates the global market for savory snacks and is the second-largest beverage provider, behind only Coca-Cola.
One factor in investors' favor is the company's diversification with exposure to carbonated soft drinks, water, sports and energy drinks, and convenience foods that generate roughly 55% of revenue. PepsiCo is truly global: International markets made up roughly 40% of both total sales and operating profits in 2024.
Image source: Getty Images.
This could prove to be a good time to pour a small investment into the company. The past few years of less than desirable growth -- due to self-inflicted wounds and underinvesting in its marketing and brands -- has left the stock trading lower over the past year. Management is working to reverse that and has steadied the top and bottom lines, so there should be room for improvement and a return to growth.
Not only does the demand for PepsiCo's snacks and beverages remain resilient through economic cycles, but it also attracts investors with a healthy 4% dividend yield.
Are the stocks buys?
Over the past year, PepsiCo and CN have traded 17% and 19% lower, respectively. But a couple of missteps and headwinds won't stop these two juggernauts for long because their competitive advantages are durable. PepsiCo is benefiting from the growth in its snack business and international expansion, while the Canadian National Railway is getting back to its roots and closing the margin gap with competitors, fueling its dividend in the future. Both warrant consideration for a small position for long-term investors looking for dividend income.
Daniel Miller has no position in any of the stocks mentioned. The Motley Fool recommends Canadian National Railway. The Motley Fool has a disclosure policy.
2025-10-06 02:477mo ago
2025-10-05 19:447mo ago
If I Could Pick Stocks for Warren Buffett, I'd Choose This One
The Oracle of Omaha probably won't ask for stock advice. But he'd probably like this stock.
Does Warren Buffett need help selecting stocks? Of course not. He's done a really good job of doing it all on his own for decades.
Sure, the legendary investor would likely insist that he's a "business picker" rather than a stock picker. Buffett would also probably point out that he has farmed out some of the decision-making to his two investment managers, Todd Combs and Ted Weschler, for quite a while.
But let's suppose that Buffett asked me to give him a hand choosing one stock to buy for Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio. If that wild scenario happened today, which stock would I recommend? I think I'd go with The Home Depot (HD -0.04%).
Image source: The Home Depot.
Why Home Depot would make a great Buffett stock
I view Home Depot as a great Buffett stock in part because it once was a Buffett stock. He initiated a position in the home improvement giant 20 years ago but eventually sold all of Berkshire's stake in the second quarter of 2009.
Buffett might wish he had held onto those shares in retrospect. Over the 14 years since he exited Berkshire's position in Home Depot, the stock has skyrocketed roughly 1,570%. That's more than double the gain delivered by Berkshire Hathaway itself. The Home Depot's total return, including reinvesting dividends, since Buffett bailed on the stock in 2009 is around 2,370%.
The Oracle of Omaha would probably like Home Depot's solid operating margin of 13.1%. I suspect that he would absolutely love the company's return on invested capital (ROIC) of around 31.2%.
We don't have to worry about Buffett not liking Home Depot's business. It's certainly one that he understands. Buffett has even recently bought stocks that benefit from some of the same trends as Home Depot -- homebuilders D.R. Horton (NYSE: DHI) and both share classes of Lennar (NYSE: LEN) (NYSE: LEN.B).
The median age of U.S. homes has increased quite a bit since Buffett last owned Home Depot. It stood at 41 years in 2023, according to the American Community Survey. Aging homes bode well for demand for home improvement products and supplies over the coming years.
The fly in the ointment
Is Home Depot the perfect Buffett stock? I wouldn't go that far. There is one fly in the ointment.
Like many stocks these days, Home Depot has a relatively high valuation. Its trailing 12-month price-to-earnings (P/E) ratio and its forward P/E are close to 26. Buffett learned from the father of value investing, Benjamin Graham. Would he balk at paying such a premium for Home Depot? Maybe, but maybe not.
Berkshire bought 12 stocks in Q2. Several of them were bargains that you'd expect Buffett to like. However, two had forward earnings multiples that have been consistently higher than Home Depot's all year: Heico (NYSE: HEI), which currently trades at a sky-high 66.8 times forward earnings estimates, and Pool Corp. (NASDAQ: POOL), which has a forward P/E of 28.7.
HD PE Ratio (Forward) data by YCharts
Perhaps Heico and Pool are part of the portfolio managed by Combs and Wexler. However, Buffett hasn't been afraid of paying more for quality in the past when he's been confident about a company's long-term earnings growth prospects.
Is Home Depot a good pick for every investor?
I selected Home Depot because it was a stock I thought would fit well with Buffett's investing style. Is this stock a good pick for every investor? Probably not.
I suspect that a purist value investor (which I don't think describes Buffett, by the way) would prefer to quickly move past Home Depot for the reasons already discussed. The home improvement retailer's dividend yield of 2.3% might not be juicy enough for some income investors. And growth-oriented investors can certainly find stocks that are more likely to deliver stronger earnings growth than Home Depot.
And even though Home Depot is the stock I'd pick for Buffett, I don't personally own it. I like the stock, but I like others more. And, unlike Buffett, I'm not sitting atop a cash stockpile of $344 billion.
Keith Speights has positions in Berkshire Hathaway. The Motley Fool has positions in and recommends Berkshire Hathaway, D.R. Horton, Home Depot, and Lennar. The Motley Fool recommends Heico. The Motley Fool has a disclosure policy.
2025-10-06 02:477mo ago
2025-10-05 19:467mo ago
Raffles Financial Group Ltd (RICH) and CICADA Finance Partner to Launch Raffles Crypto Treasury
October 05, 2025 7:46 PM EDT | Source: Raffles Financial Group Limited
Singapore, Singapore--(Newsfile Corp. - October 5, 2025) - Raffles Financial Group Ltd (CSE: RICH) ("Raffles Financial"), a diversified financial services company listed on the Canadian Securities Exchange, today announced a strategic collaboration with CICADA Finance, a leading on-chain asset management protocol. Together, the two firms will launch the Raffles Reserve Treasury ("RRT"), an innovative digital asset designed to integrate high-growth cryptocurrencies into trade finance credit facilities for IPO-ready firms.
A New Era of Digital Trade Finance
This collaboration bridges traditional corporate finance and decentralized finance (DeFi), creating a unique model for tokenized trade finance. The initiative combines Raffles Financial's track record in public listings, compliance, and corporate finance with CICADA Finance's expertise in tokenomics, Web3 asset structuring, and decentralized asset management.
Under this cooperation, both organizations will advance the structuring of tokenized assets, Real World Assets (RWA), smart contract issuance, token circulation mechanisms, settlement systems, and security and risk control frameworks. The goal is to unlock the exponential demand for crypto assets and decentralized financial markets while providing robust, institutional-grade financial products.
The Proposed Raffles Reserve Treasury ("RRT")
The RRT will be issued through a Singapore-incorporated special purpose vehicle, leveraging Singapore's progressive digital finance framework. As exemplified by Token2049, the world's largest cryptocurrency conference, being held in Singapore during the first week of October. The event brought together over 25,000 global crypto-savvy investors to Singapore.
The RRT is designed to serve as a core value carrier, offering governance participation, platform access, and economic incentives to its holders. Inspired by strategies adopted by pioneers like MicroStrategy, Gamestop, the RRT will issue perpetual bond units to fund a diversified Cryptocurrency Treasury (CT) portfolio across assets such as Bitcoin, Ethereum, Ripple, Solana, and Chainlink.
The CT portfolio will act as collateral for both stablecoin issuance and revolving trade finance credit facilities, ensuring IPO-ready clients can accelerate growth while preparing for North American listings. For investors, this model generates value through arrangement fees and opportunities to buy clients' IPO shares at pre-IPO discounts.
Leadership Commentary
Dr. Charlie In, Chairman of Raffles Financial Group Ltd, said:
"The Raffles Reserve Treasury combines the rigor of traditional trade finance with the innovation of DeFi, enabling IPO-ready clients to secure scalable capital and stronger valuations for North American listings."
Dr. In is a capital markets leader with 40+ years of experience guiding companies to IPOs across Asia and North America.
Gary Yang, CEO of CICADA Finance, commented:
"The RRT is more than a digital treasury-it's a bridge between institutional finance and decentralized ecosystems, opening new highways for sustainable crypto-backed trade finance."
Mr. Yang is a veteran investor with 15 years in venture capital and funds-of-funds, having backed over 120 companies and 15 funds globally.
Iris Yu, Incubation Investor at CICADA Finance, added:
"The RRT offers a new liquidity framework, allowing clients to leverage crypto assets for trade finance while building momentum toward IPOs on North American exchanges."
Ms. Yu is a blockchain pioneer and early investor in Binance and Bybit, with a portfolio of 100+ projects spanning exchanges, infrastructure, and DeFi.
About Raffles Financial Group Ltd (CSE: RICH)
Raffles Financial Group Ltd is a diversified financial services company listed on the Canadian Securities Exchange. Headquartered in Singapore with global reach, the Company provides corporate finance advisory, IPO facilitation, and investment services to high-growth companies seeking access to international capital markets. Raffles Financial specializes in structuring innovative financing solutions, helping clients achieve successful listings and capital expansion, particularly across North America and Asia.
About CICADA Finance
CICADA Finance is a leading on-chain asset management protocol that bridges liquid assets and liquid funds through real-yield instruments. By combining real-yield underlying assets with ecosystem incentive yields, CICADA Finance delivers layered yield strategies for institutional and retail investors alike. The platform focuses on revolutionizing emerging bond markets, offering secure DeFi-based stablecoin financing, tokenized risk assessment, and blockchain transparency.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical fact, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Raffles Financial Group Limited's securities are listed on the Canadian Securities Exchange under the symbol RICH. The company's current trading status should be verified through official exchange sources. This press release does not constitute an offer to sell or solicitation of an offer to buy any securities.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269197
2025-10-06 02:477mo ago
2025-10-05 20:007mo ago
Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: FX Finalizes U.S. Production Assembly Plan
LOS ANGELES, Oct. 05, 2025 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF.
2025-10-06 02:477mo ago
2025-10-05 20:107mo ago
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Spirit Aviation Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Fraud Lawsuit – FLYYQ
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Spirit Aviation Holdings, Inc. (OTC: FLYYQ) between May 28, 2025 and August 29, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 1, 2025.
SO WHAT: If you purchased Spirit Aviation 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.
WHAT TO DO NEXT: To join the Spirit Aviation class action, go to https://rosenlegal.com/submit-form/?case_id=45665 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 1, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the complaint, defendants made false and/or misleading statements and/or failed to disclose that: (1) Spirit Aviation was at substantial risk of being unable to meet certain of its debt and other financial obligations; (2) Spirit Aviation was also at substantial risk of being forced to file for Chapter 11 bankruptcy protection within a mere matter of months; (3) accordingly, defendants had overstated enhancements to Spirit Aviation’s financial condition, liquidity, and overall business and operations, while simultaneously downplaying the negative impacts of adverse market conditions on the same; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Spirit Aviation class action, go to https://rosenlegal.com/submit-form/?case_id=45665 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
2025-10-06 02:477mo ago
2025-10-05 21:007mo ago
Kyocera Supported Production of ANREALAGE's Collection at Paris Fashion Week Spring/Summer 2026 - Recreates HERALBONY's Artwork with FOREARTH to Enable Sustainable Dresses Production -
OSAKA, Japan--(BUSINESS WIRE)--Kyocera Document Solutions Inc. (President: Takashi Nagai) supported the production of dresses using artworks painted by artists contracted to HERALBONY for ANREALAGE's Collection at Paris Fashion Week SS 2026, held on September 30, 2025. The collection comprised 30 outfits, 26 of which used fabrics printed with our sustainable inkjet textile printer "FOREARTH". FOREARTH printing was used for bags and shoes, giving their designs an inner glow that attracted signif.
The boom and bust cycle in electric vehicles (EVs) may be coming full circle. Stocks like Rivian Automotive (RIVN 0.89%) plummeted over the last few years as the bubble popped in the sector. Many companies have gone bankrupt, unable to make their business models viable.
Rivian remains unprofitable today, but it has large backers and a plan to greatly expand its manufacturing footprint through the rest of this decade. At around $15 a share today, Rivian stock has bounced back off its lows, but has traded in a similar range since the end of 2022.
With an inflection coming in its manufacturing plans, does that mean Rivian stock has finally bottomed and is set to make a comeback?
Slowing deliveries, new factory plans
Rivian debuted its EV models in 2022, beginning deliveries for its first consumer models called the R1. This included a premium SUV and truck powered by electric batteries. It also sells commercial delivery vans to companies such as Amazon, which is a longtime investor in Rivian.
The R1 models are loved by customers, but they have failed to garner huge customer adoption due to their high price points of $75,000 or more. Rivian's quarterly deliveries actually peaked in 2023 and have slowly fallen ever since. With only just over 10,000 quarterly deliveries, Rivian is still a tiny player in the automotive space, which has kept it unprofitable.
To fix this issue, Rivian is expanding its factory in Illinois and just broke ground on a new factory coming to Georgia later this decade. These facilities will help Rivian build its upcoming R2 and R3 models, which will be cheaper than the R1 and hopefully more accessible to a wider customer base.
Automotive manufacturers need scale in order to generate a profit, with a competitor like Tesla not reaching the black until it started delivering close to 100,000 vehicles a quarter, if not more. Rivian will likely need the same to happen for it to start posting consistent profits for shareholders.
Image source: Getty Images.
Dissecting Rivian's valuation
With the stock price still well off its highs from the initial public offering (IPO), Rivian's market cap is $17.7 billion today. It is impossible to value this stock based on its trailing earnings or cash flow, since both are negative. However, we can try to forecast what Rivian's revenue and profits could be in the future if its new factories are successfully pumping out R2 and R3 vehicles.
Today, Rivian's revenue is $5 billion. If the company scales up its R2 and R3 production, quarterly deliveries could grow from just over 10,000 last quarter to over 50,000. At a lower price point than the R1 vehicles, this could lead to around $20 billion in annual revenue for Rivian. An automaker will generally have a profit margin in between 0% and 10% given how hard the industry is to operate in (this is what Tesla's range has been in recent quarters). That would give Rivian $1 billion in net earnings by the end of this decade.
While this doesn't make the stock dirt cheap versus the current market cap, Rivian will be on much firmer financial footing if it can scale up production and reach positive earnings and cash flow.
RIVN Revenue (TTM) data by YCharts
Is Rivian stock set to make a comeback?
With Rivian at a small market cap compared to competitors like Tesla, investors are discounting whether it can successfully scale up its new production facilities. If $20 billion in annual revenue and $1 billion in earnings are achieved before 2030, I think it is possible that Rivian stock has finally bottomed and will start producing positive results for shareholders again.
This doesn't make the stock a buy. Rivian may double its share price by 2030 if the factory expansion is successful, but there is also the risk the company fails to achieve this scale. It has historically lost money, has thin gross margins, and has burned a ton of cash since its founding. This level of risk should keep any investor away from Rivian stock, even if the company has the potential to turn things around with these new models.
The juice isn't worth the squeeze with Rivian stock today.
Brett Schafer has positions in Amazon. The Motley Fool has positions in and recommends Amazon and Tesla. The Motley Fool has a disclosure policy.