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CORRECTION -- AIP Realty Trust Announces First Quarter 2025 Results
GlobeNewswire· 2025-05-29 01:17
Core Viewpoint - AIP Realty Trust reported a decline in financial performance for Q1 2025, with significant decreases in investment property revenue and net rental income, while also highlighting ongoing developments and strategic financing initiatives [1][4][7]. Financial Performance - Investment property revenue for Q1 2025 was $124,232, down from $151,042 in Q1 2024, representing an 18% decrease [3][4]. - Investment property operating expenses increased to $64,742 in Q1 2025, up 33% from $48,602 in Q1 2024, primarily due to maintenance and repair expenses [3][4]. - Net rental income for Q1 2025 was $59,490, a decline of 42% from $102,440 in Q1 2024 [3][4]. Leasing and Market Conditions - The demand for light industrial flex facilities is driving rental rate increases, with new leases at the Eagle Court property showing an average increase of 19% in suite revenue per square foot [4]. - The decline in revenue was attributed to a lease expiration that included significant parking revenue and the scheduled vacancy of two units, which were subsequently leased at higher rates [4]. Financing and Capital Structure - AIP Realty Trust completed a fourth tranche of a non-brokered private placement, issuing 5,200,000 Preferred Units for gross proceeds of $2,600,000 [4]. - The Trust entered into a term sheet for a senior first mortgage credit facility totaling $300,000,000, with an initial amount of $100,000,000 and an accordion option for an additional $200,000,000 [4]. - The Trust is engaged in discussions with banks for financing related to the AllTrades Transaction, expected to close by Q3 2025 [8]. Strategic Developments - AIP Realty has exclusive rights to purchase completed and leased facilities from AllTrades, including 13 properties under forward purchase agreements [7]. - The Trust plans to roll out its property offerings nationally, initially focusing on the Dallas-Fort Worth market [9].
Rumble praises Trump decision to restrict visas of foreign nationals who censor Americans
GlobeNewswire· 2025-05-29 00:15
Core Viewpoint - Rumble supports the Trump administration's decision to restrict visas for foreign officials who engage in censorship against Americans, highlighting the importance of free speech and digital sovereignty [1][2]. Company Overview - Rumble is a high-growth video-sharing platform and cloud services provider focused on creating an independent infrastructure to restore the internet to its original principles of being free and open [3]. Legal Context - Rumble is currently involved in a lawsuit against Brazilian Supreme Court Justice Alexandre de Moraes, claiming that his actions violated the First Amendment by suspending Rumble accounts of a politically outspoken user [1][2]. Industry Implications - The actions taken by the Trump administration are viewed as a significant defense of American digital sovereignty and the First Amendment, countering foreign censorship efforts that target U.S. companies and users [2].
Nxera Pharma Notes Neurocrine Biosciences Presents New Positive Data from Phase 2 Study of NBI-1117568 in Adults with Schizophrenia at American Society of Clinical Psychopharmacology 2025
GlobeNewswire· 2025-05-28 23:43
Core Insights - Nxera Pharma is a technology-powered biopharma company focused on developing specialty medicines to address unmet medical needs in Japan and globally [1][3]. Company Overview - Nxera Pharma has established a new-generation commercial business in Japan aimed at developing and commercializing innovative medicines for a large and growing market in the APAC region [2]. - The company employs approximately 400 professionals across key locations including Tokyo, Osaka, London, Cambridge, Basel, and Seoul, and is listed on the Tokyo Stock Exchange under the ticker 4565 [4]. Pipeline and Research - Nxera is advancing a pipeline of over 30 active programs from discovery to late clinical stages, utilizing its unique NxWave™ discovery platform [3]. - The pipeline focuses on addressing major unmet needs in rapidly growing medical fields such as neurology/neuropsychiatry, metabolic diseases, and immunology and inflammation [3]. Recent Developments - Neurocrine Biosciences presented new positive data from the Phase 2 study of NBI-1117568 for schizophrenia at the ASCP 2025 Annual Meeting, which is relevant to Nxera's interests in the neurology sector [1].
FOBI AI Inc. Announces Sale of German Subsidiary
GlobeNewswire· 2025-05-28 23:22
Core Viewpoint - Fobi AI Inc. has entered into a share purchase agreement to sell its wholly owned German subsidiary, Fobi AI Germany GmbH, for a total of EUR 1,540,000, which includes a cash purchase price of EUR 1,400,000 and an additional EUR 140,000 to be paid on behalf of Fobi by the purchaser [1][2]. Group 1: Transaction Details - The total payment for the acquisition is EUR 1,540,000, comprising EUR 1,400,000 in cash and EUR 140,000 to be paid by the purchaser to the acquired company [2]. - The acquired company will grant Fobi a non-exclusive, worldwide, irrevocable, and sublicensable license for the "Passcreator Software" for a total price of EUR 140,000, with a term of 48 months post-transaction closing [3]. Group 2: Strategic Implications - The CEO of Fobi stated that the sale of the German subsidiary is a strategic decision aimed at enhancing the company's financial position and supporting future growth without further diluting shareholder value [4]. - The company has been preparing for its next evolution by aligning with transformative shifts in AI and Web3, indicating a focus on advancing its business model [5]. Group 3: Company Background - Fobi, founded in 2017 in Vancouver, Canada, is a leading AI and data intelligence company that helps businesses digitally transform and leverage customer data for personalized experiences [7]. - The company collaborates with major global organizations across various sectors, including retail, insurance, and entertainment, and is recognized as a technology leader in North America and Europe [8].
Jena Acquisition Corporation II Announces Pricing of $200 Million Initial Public Offering
GlobeNewswire· 2025-05-28 23:02
Group 1 - Jena Acquisition Corporation II priced its initial public offering (IPO) of 20,000,000 units at $10.00 per unit, with trading set to begin on the NYSE under the ticker symbol "JENA.U" on May 29, 2025 [1] - Each unit consists of one Class A ordinary share and one right to receive one-twentieth of a Class A ordinary share upon the completion of a business combination [1] - The offering includes a 45-day option for the underwriter, Santander, to purchase an additional 3,000,000 units to cover over-allotments [2] Group 2 - A registration statement for the securities became effective on May 28, 2025, and the offering is expected to close on May 30, 2025, subject to customary closing conditions [3] - Jena Acquisition Corporation II is a blank check company formed to effect a merger or similar business combination, focusing on leveraging the expertise of its management team [4] - The company intends to identify a target business that can benefit from the historical expertise of its co-founders, William P. Foley, II and Richard N. Massey [4]
CORRECTION: Streamex and BioSig Appoint Former OppenheimerFunds and Wafra Inc Executive, Mitch Williams, CFA, as Chief Investment Officer (CIO)
GlobeNewswire· 2025-05-28 22:45
Los Angeles, CA and Vancouver, BC, May 28, 2025 (GLOBE NEWSWIRE) -- BioSig Technologies, Inc. (Nasdaq: BSGM) ("BioSig") and Streamex Exchange Corporation ("Streamex"), collectively referred to as the combined company, today announced the appointment of Mitch Williams, CFA, as Chief Investment Officer significantly bolstering the companies’ leadership team and advancing the mission to tokenize real world assets and bring commodity markets on-chain. Key Highlights of the Appointment: Mr. Mitch Williams, form ...
CF Energy Announces Financial Results for the Three-month period ended March 31, 2025
GlobeNewswire· 2025-05-28 22:12
TORONTO, May 28, 2025 (GLOBE NEWSWIRE) -- CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), an energy provider in the People’s Republic of China (the ”PRC” or “China”), announces that the Company has filed its unaudited interim consolidated financial results for the three-month period ended March 31, 2025. The unaudited condensed interim consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) can be downloaded from www.seda ...
AIP Realty Trust Announces First Quarter 2024 Results
GlobeNewswire· 2025-05-28 22:10
VANCOUVER, British Columbia, May 28, 2025 (GLOBE NEWSWIRE) -- AIP Realty Trust (the “Trust” or “AIP Realty”) (TSXV:AIP.U) today announced its financial results for the three months ended March 31, 2025. All dollar amounts are stated in U.S. dollars. Q1 2025 Highlights The demand for light industrial flex facilities is continuing to drive rental rate increases, and the Eagle Court property is demonstrating robust leasing momentum. While the Trust aims to minimize vacancies and has been successful in this end ...
Fate Therapeutics Announces Phase 1 Data Presentation of FT819 Off-the-Shelf CAR T-cell Product Candidate for SLE at EULAR 2025 Congress
GlobeNewswire· 2025-05-28 21:54
Core Insights - Fate Therapeutics is presenting clinical data from its Phase 1 study of FT819, an off-the-shelf CAR T-cell therapy for moderate-to-severe systemic lupus erythematosus (SLE) at the EULAR 2025 conference [1][2] - The study evaluates the safety and efficacy of FT819 with a fludarabine-free conditioning regimen, aiming to enhance patient access and therapeutic outcomes [2][4] Company Overview - Fate Therapeutics is a clinical-stage biopharmaceutical company focused on developing induced pluripotent stem cell (iPSC)-derived cellular immunotherapies [5][6] - The company has established a leadership position in creating multiplexed-engineered master iPSC lines and manufacturing off-the-shelf iPSC-derived cell products [6] Product Platform - The iPSC product platform allows for unlimited self-renewal and differentiation into all cell types, enabling the creation of well-defined and uniform engineered cell products [4][6] - The platform is supported by over 500 issued patents and 500 pending patent applications, highlighting its innovative approach and potential for broad patient application [4]
Hi-View Announces Non-Brokered Private Placement
GlobeNewswire· 2025-05-28 21:38
Core Points - HI-VIEW RESOURCES INC. announced a non-brokered private placement of up to 4,800,000 units at a price of $0.10 per unit, aiming for gross proceeds of up to $480,000 [1][2] - Each unit consists of one common share and one transferable common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.12 for 36 months [2] - Directors and officers may participate in the private placement, which is classified as a related party transaction and is expected to be exempt from certain formal requirements [3] - The net proceeds will be used for exploration activities and general corporate purposes, with a potential finder’s fee of up to 10% applicable [4] - HI-VIEW is focused on mineral exploration in Canada, holding a 100% interest in the Babine BC Copper-Gold property and other claims in the Toodoggone region, covering over 9,749 hectares [5]