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Great Elm Capital Corp. (“GECC”) Schedules Fourth Quarter and Full Year 2025 Earnings Release and Conference Call
Globenewswire· 2026-02-27 21:22
Core Viewpoint - Great Elm Capital Corp. (GECC) will release its financial results for Q4 and the full year ended December 31, 2025, on March 2, 2026, after market close, with a conference call scheduled for March 3, 2026, at 8:30 a.m. ET [1] Group 1 - The financial results will be discussed in a conference call on March 3, 2026 [1] - Participants can join the call by dialing specific numbers for the United States and international callers [2] - A slide presentation will be available in PDF format on GECC's website after the earnings release [3] Group 2 - The call and presentation will also be available via a simultaneous webcast on GECC's website [4] - GECC is an externally managed business development company focused on generating current income and capital appreciation through investments in debt and income-generating equity securities [5]
MAX Power Commences Drilling at Bracken to Validate Basin-Scale Natural Hydrogen Model and Advance Commercial Evaluation
Globenewswire· 2026-02-27 21:16
Core Insights - MAX Power Mining Corp. has initiated drilling of a second well named "Bracken" approximately 325 km southwest of the Lawson Discovery, aimed at testing basin-scale continuity for Natural Hydrogen in Saskatchewan [1][5] - The Bracken well is part of a broader land package of 1.3 million permitted acres, indicating significant exploration potential for Natural Hydrogen [1][29] - The company is leveraging advanced AI-assisted models (MAXX LEMI) to optimize predictive targeting for Natural Hydrogen, which could enhance its competitive advantage in the sector [7][10] Exploration and Development - Bracken represents a "stratigraphic" play concept targeting a large reservoir based on newly acquired seismic data, which may indicate extensive Natural Hydrogen accumulations [3][4] - The geological team has identified a rare rock assemblage in the area, believed to be associated with Western Canada's first known deep subsurface occurrence of Natural Hydrogen [4][5] - The drilling operations at Bracken are being executed by Savanna Drilling, a reputable contractor, reinforcing the company's commitment to operational excellence [11] Strategic Importance - The exploration of Natural Hydrogen aligns with Canada's national priorities for energy security, industrial competitiveness, and decarbonization, positioning Saskatchewan as a potential leader in this emerging sector [15][16] - The company is actively engaging with government officials to promote the development of Natural Hydrogen resources, emphasizing the opportunity for nation-building and economic growth [14][15] - Establishing a scalable Natural Hydrogen system could contribute to Canada's long-term energy sovereignty and support advanced manufacturing and infrastructure [16][17] Investor Implications - The Bracken well serves as a critical test for the repeatability and scalability of Natural Hydrogen systems, which could lead to significant advancements in commercial evaluation and reserve modeling [18] - The ongoing refinement of the MAXX LEMI model, combined with successful drilling results, may enhance the company's valuation in energy markets [18] - The company has secured a vast amount of proprietary data from subsurface exploration, which is expected to be monetized for shareholder benefits [9][10]
NanoXplore Corporate Announcement
Globenewswire· 2026-02-27 21:15
MONTREAL, Feb. 27, 2026 (GLOBE NEWSWIRE) -- NanoXplore Inc. (“NanoXplore” or “the Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, announced today the mutually agreed resignation of Soroush Nazarpour from its Board of Directors. The Corporation reaffirmed that it remains fully focused on executing its strategic priorities and advancing its graphene growth initiatives. About NanoXplore NanoXplore is a graphene company, a manufacturer and supplier of high-volume graphene powder for ...
Fold Eliminates its Convertible Debt; Emerges with Simplified Capital Structure and Strengthened Balance Sheet to Accelerate Growth
Globenewswire· 2026-02-27 21:15
PHOENIX, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Fold Holdings, Inc. (NASDAQ: FLD) (“Fold” or the “Company”), a bitcoin financial services company making it easy for individuals to earn, save, and spend bitcoin through everyday financial tools, today announced the successful execution of a series of strategic capital transactions designed to bolster its financial flexibility, simplify its balance sheet, and position the company for its next phase of growth, including the anticipated launch and scaling of the Fold ...
Elite Express Holding Inc. Announces Full Year 2025 Results
Globenewswire· 2026-02-27 21:15
Core Viewpoint - Elite Express Holding Inc. reported a transformational fiscal year 2025, marked by a successful transition to a publicly listed company and a revenue increase, despite a net loss due to higher operational costs and investments in compliance and development [3][4]. Financial Performance - For the fiscal year ended November 30, 2025, the company reported revenue of approximately $2.7 million, a 9.1% increase from $2.5 million in 2024 [2][5]. - The company recorded a net loss of approximately $2.2 million, compared to a net loss of $0.4 million in 2024, primarily due to increased general and administrative expenses and new research and development investments [12][2]. Revenue Breakdown - Activity-based revenue accounted for approximately $2.0 million, or 75.7% of total revenue, reflecting a focus on operational throughput under the FedEx ISP structure [5]. - Fixed revenue decreased from approximately $0.7 million to $0.6 million, a decline of 7.8%, attributed to a reduction in baseline weekly compensation [5]. Cost Structure - The cost of revenue for the fiscal year was approximately $2.6 million, up from $2.4 million in 2024, mainly due to higher labor costs and maintenance fees, partially offset by lower fuel prices [6]. - General and administrative expenses surged by approximately $1.2 million, or 286.1%, to $1.6 million, driven by legal and accounting fees related to the public company transition [8]. Research and Development - Research and development expenses totaled $0.9 million for the fiscal year, reflecting the company's strategic investment in a B2B delivery aggregation platform [9]. Loans and Interest Income - The company originated loans receivable totaling $10.0 million, generating interest income of $191,475 for the year, with loans extended to unrelated third-party business partners [10][11].
Microchip Technology to Present at the Raymond James Institutional Investors Conference
Globenewswire· 2026-02-27 21:15
CHANDLER, Ariz., Feb. 27, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the Raymond James Institutional Investors Conference on Monday, March 2, 2026 at 1:05 p.m. (Eastern Time). Presenting for the Company will be Mr. Sajid Daudi, Head of Investor Relations. A live webcast of the presentation will be made available by Raymond James, and can be accessed ...
Microchip Technology to Present at the Morgan Stanley Technology, Media & Telecom Conference
Globenewswire· 2026-02-27 21:15
CHANDLER, Ariz., Feb. 27, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday March 3, 2026 at 1:05 p.m. (Pacific Time). Presenting for the Company will be Mr. Richard Simoncic, Chief Operating Officer, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcas ...
Acuity to Announce Fiscal 2026 Second-Quarter Results on April 2, 2026
Globenewswire· 2026-02-27 21:15
ATLANTA, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Acuity Inc. (NYSE: AYI) (the “Company”) will release fiscal 2026 second-quarter results on Thursday, April 2, 2026 at 6:00 a.m. ET, followed by a conference call at 8:00 a.m. ET. Neil Ashe, Chief Executive Officer of Acuity Inc., will lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company's website at www.investors.acuityinc.com on Thursday, April 2, 2026. The online replay will ...
ADT Announces Grants of Inducement Equity Awards
Globenewswire· 2026-02-27 21:15
BOCA RATON, Fla., Feb. 27, 2026 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) today announced that its board of directors has approved the grant of equity awards in connection with ADT’s acquisition of Origin Wireless, Inc., a privately held company that specializes in AI-enabled WiFi sensing technology (“Origin”), in reliance on the employment inducement awards exemption under the NYSE’s Listed Company Manual Rule 303A.08. The board approved the grant of equity awards representing 8,070,357 shares of ADT common ...
Methode Electronics Announces Third Quarter Fiscal 2026 Results Conference Call
Globenewswire· 2026-02-27 21:11
SOUTHFIELD, Mich., Feb. 27, 2026 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced it will conduct a conference call and webcast on Friday, March 6, 2026, at 11:00 a.m. EST to review its third quarter fiscal 2026 results. President and Chief Executive Officer, Jon DeGaynor, and Chief Financial Officer, Laura Kowalchik will lead the call. The presentation will be webc ...