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EfTEN Real Estate Fund AS 2025 Audited Annual Report
Globenewswire· 2026-02-27 06:00
The Supervisory Board of EfTEN Real Estate Fund AS has approved the fund's audited annual report for 2025 and will submit it for approval at the General Meeting of Shareholders. The Fund’s financial results in the audited report have not changed compared to the preliminary financial results published on 29 January 2026. The consolidated sales income of EfTEN Real Estate Fund AS for 2025 was 33.083 million euros, an increase of 845 thousand euros (2,6%) compared to the previous year. The Group's net profit f ...
Lassila & Tikanoja Plc to launch a share repurchase programme for share‑based incentive schemes and remuneration of the Board of Directors
Globenewswire· 2026-02-27 05:50
Core Viewpoint - Lassila & Tikanoja Plc has announced a share repurchase program aimed at supporting share-based incentive schemes and compensating the Board of Directors, with a maximum of 150,000 shares to be repurchased, representing approximately 0.39% of total shares [1][3]. Group 1 - The share repurchase will commence on 2 March 2026 and conclude by 28 April 2026 [1]. - The repurchase will be conducted using the company's unrestricted equity at the market price on Nasdaq Helsinki Ltd, and will not be proportional to existing shareholders' holdings [2]. - The Extraordinary General Meeting on 4 December 2025 authorized the Board to repurchase up to 2,000,000 shares, which is about 5.2% of the total shares, for various purposes including acquisitions and incentive schemes [3]. Group 2 - The total number of registered shares in Lassila & Tikanoja Plc is 38,211,724, and currently, the company does not hold any of its own shares [4]. - Lassila & Tikanoja is a leading Nordic circular economy company focused on waste management, recycling, and promoting sustainable material use, employing approximately 2,300 people in Finland and Sweden [5].
Lassila & Tikanoja Plc's Board of Directors decided on a share-based incentive scheme
Globenewswire· 2026-02-27 05:45
Core Viewpoint - Lassila & Tikanoja Plc has established a new long-term share-based incentive scheme aimed at aligning the objectives of the company, shareholders, and key employees to enhance the company's long-term value and strengthen employee commitment [1] Group 1: Performance Share Plan Overview - The Performance Share Plan 2026–2030 consists of three performance periods: 2026–2028, 2027–2029, and 2028–2030 [2] - Participants can earn shares based on the achievement of performance criteria set by the Board of Directors at the beginning of each performance period, with rewards paid after each period [3] Group 2: Performance Criteria and Rewards - For the performance period 2026–2028, the maximum total reward corresponds to approximately 218,677 shares, including cash portions, aimed at about 25 key employees, including the Group's President and CEO [4] - Rewards are paid partly in shares and partly in cash, with cash intended to cover taxes related to the rewards [5] Group 3: Shareholding Requirements - Members of the Group Executive Board must hold at least 50% of the net shares received until their total shareholding value equals their annual salary, maintaining this requirement as long as they are part of the Board [6] Group 4: Performance Metrics - The performance criteria for the period 2026–2028 include: - Return on capital employed (30%) - Revenue growth (30%) - Total shareholder return (rTSR) (30%) - Reduction of carbon footprint (ESG) (10%) [7]
Annual Results 2025
Globenewswire· 2026-02-27 05:00
Core Insights - Schweiter Technologies reported a decline in net sales by 11% to CHF 904 million, with an adjusted decline of 8% when accounting for currency fluctuations [1][4][5] - The company generated an adjusted EBITDA of CHF 74 million, representing a margin of 8.3%, down from 9.4% in the previous year [1][4][5] - A free operating cash flow of CHF 39 million was achieved, and the net cash position improved to CHF 56 million, supported by effective working capital management [1][5] Business Performance - The divestment of the loss-making Bus & Rail business unit on July 31, 2025, streamlined the company's portfolio, resulting in a recognized loss of CHF 31 million [2] - The Display business faced lower sales due to weak economic conditions in Europe and North America, with a focus on innovation and sustainability in product offerings [6] - The Core Materials business performed solidly, driven by the wind energy sector, particularly in China, while profitability remained above the Group average [7] - The Architecture business experienced slightly lower sales, with regional variations, and aimed to transform from a facade panel manufacturer to a facade system solution provider [8] - The Transport & Industry business faced subdued customer demand but introduced new material solutions to enhance its offerings [9] Strategic Focus - The company is focusing on lightweight composite materials to address customer trends such as weight reduction and sustainability [3] - A strong emphasis on operational excellence and procurement measures has been implemented to optimize material expenses relative to net sales [3] Outlook - The short-term outlook remains challenging with limited visibility across key markets, but an upswing in Core Materials is expected in the second half of the year [11] - The company is committed to progressing its product portfolio transformation and maintaining cost optimization initiatives to safeguard margins [11]
Duos Technologies Group, Inc. Announces Pricing of $65 Million Public Offering of Common Stock
Globenewswire· 2026-02-27 01:02
Core Viewpoint - Duos Technologies Group, Inc. has announced a public offering of 8,666,666 shares of common stock, aiming to raise approximately $65 million in gross proceeds to support the expansion and commercialization of its Edge Data Center business [1][2]. Group 1: Offering Details - The public offering consists of 8,666,666 shares priced to generate about $65 million in gross proceeds, excluding underwriting discounts and expenses [1]. - Underwriters have a 30-day option to purchase an additional 1,299,999 shares to cover over-allotments at the public offering price [1]. - The offering is expected to close on or about March 2, 2026, pending customary closing conditions [1]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to expand and accelerate the Edge Data Center business, as well as for working capital and general corporate purposes [2]. Group 3: Regulatory Information - The offering is made under a shelf registration statement on Form S-3, which was filed with the SEC on February 11, 2026, and declared effective on February 12, 2026 [3]. - A preliminary prospectus supplement and accompanying prospectus have been filed with the SEC and are available on their website [3]. Group 4: Company Overview - Duos Technologies Group, Inc. is based in Jacksonville, Florida, and specializes in intelligent technology solutions for Machine Vision and AI applications, including Edge Data Centers [5].
Renewal Fuels, Inc. (OTC: RNWF), Operating as American Fusion, Provides Update on Washington State Legal Matters
Globenewswire· 2026-02-27 01:01
SOUTHLAKE, Texas, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Renewal Fuels, Inc. (OTC: RNWF) (“RNWF”, “American Fusion” or the “Company”), provides the following update regarding its pending civil action in King County Superior Court (Case No. 25-2-32689-6). On February 26, 2026, the Court entered an order dismissing all claims against Justin Costello pursuant to Civil Rule 41. Because Mr. Costello is no longer a party to the action, the Court struck his Emergency Motion for Stay of All Proceedings. The Court separa ...
Enrollment Opens for K12-Powered Virtual Public Schools Serving Students Across Indiana
Globenewswire· 2026-02-27 00:25
Core Insights - Enrollment is now open for the 2026–2027 school year at tuition-free K12-powered virtual public schools in Indiana, including Hoosier College and Career Academy (HCCA), Indiana Digital Learning School (INDLS), and Indiana Gateway Digital Academy (INGDA) [1][5] Enrollment Information - Families can apply for enrollment at the respective school websites or by calling a dedicated phone number [2] - Enrollment is available to students statewide in Indiana [2] Program Features - The online public schools are tuition-free and provide a full-time education taught by Indiana-certified teachers, following a structured academic schedule [3][4] - Students engage in live instruction, independent coursework, and receive regular teacher support, simulating a public school experience at home [3] - The schools are accredited and students earn diplomas recognized by the state of Indiana [4] Student Engagement and Support - Parents are not required to teach; state-certified teachers deliver lessons while parents support daily learning [4] - Students can socialize through virtual clubs, group projects, competitions, field trips, and in-person events [4][8] School Specifics - HCCA serves grades 7–12 and focuses on career pathways, offering industry-relevant coursework and dual-credit options [9] - INDLS serves grades K–12 and provides a flexible learning environment with personalized instruction [10] - INGDA specializes in flexible education solutions for K-12 students, including those with unique needs [11] Company Background - K12, a Stride, Inc. portfolio brand, has been a leader in online public education for 25 years, supporting tuition-free virtual public schools across the nation [12]
Aura Declares Dividend of US$0.66 Per Share and US$0.22 Per BDR Based on Q4 2025 Results, Resulting in a Dividend Yield of 6.2%¹ in the LTM
Globenewswire· 2026-02-26 23:41
Core Viewpoint - Aura Minerals Inc. has declared a dividend of US$0.66 per common share, totaling approximately US$55.1 million, exceeding the minimum set in its Dividend Policy [1][4]. Dividend Announcement - The dividend will be paid in US dollars on March 18, 2026, to shareholders of record as of March 11, 2026 [2]. - Holders of Brazilian Depositary Receipts (BDRs) will receive US$0.22 per BDR, with payment expected around March 26, 2026 [3]. Financial Performance - In Q4, the company achieved record-high production at stable costs, supported by higher gold prices, resulting in record EBITDA [4]. - The trailing 12-month dividend and buyback yield stands at 6.2%, positioning Aura among leading gold miners for total shareholder returns [4]. Strategic Milestones - The company declared commercial production at Borborema, completed the MSG acquisition, secured an early-works license for Era Dorada, advanced the Matupá project, and signed a road-relocation agreement at Borborema [4]. Company Overview - Aura Minerals focuses on the development and operation of gold and base metal projects in the Americas, with six operating assets and several projects in various stages of development [6].
MOZAYYX Acquisition Corp. Announces Closing of Upsized $300,000,000 Initial Public Offering
Globenewswire· 2026-02-26 23:40
Company Overview - MOZAYYX Acquisition Corp. is a blank check company incorporated under the laws of the Cayman Islands, aiming to engage in mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses or entities [3]. Initial Public Offering (IPO) Details - The company closed its upsized initial public offering of 30,000,000 units at a price of $10.00 per unit, resulting in gross proceeds of $300 million before deducting underwriting discounts and estimated offering expenses [1]. - The offering included the issuance of 3,900,000 units due to the underwriter's partial exercise of its overallotment option [1]. - The units began trading on the New York Stock Exchange under the ticker symbol "MZYX.U" on February 25, 2026 [1]. Unit Composition - Each unit consists of one Class A ordinary share and one-quarter of one redeemable warrant, with each whole warrant allowing the holder to purchase one Class A ordinary share at a price of $11.50 per share [2]. - Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the symbols "MZYX" and "MZYX.WS," respectively [2]. Underwriting and Regulatory Information - Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering [3]. - A registration statement on Form S-1 relating to the offering was filed with the SEC and declared effective on February 24, 2026 [5].
Veea Inc. Launches TerraFabric, Paving the Way to Operate AI and Autonomous Systems at the Edge
Globenewswire· 2026-02-26 23:26
Core Insights - Veea Inc. has introduced TerraFabric, a control plane designed to automate management of distributed edge environments, enabling organizations to manage AI workloads across multiple devices and locations efficiently [1][5][6] Group 1: Product Overview - TerraFabric is currently available for early deployments as both a standalone platform and as part of VeeaONE, Veea's edge computing platform [2] - The control plane enhances coordination among multi-vendor networks, allowing operators to enforce policies and manage software lifecycles effectively [1][6] - TerraFabric integrates with prpl LCM, an open-source lifecycle management engine, which has been successfully used to manage over 12 million AT&T gateways [8][9] Group 2: Industry Challenges - The edge computing industry has excelled in deploying hardware but faces challenges in operating it efficiently, particularly in managing multiple sites with varying requirements [3][4] - Organizations struggle with maintaining consistent security policies and software updates across different locations, leading to increased risks and manual workloads [4][5] Group 3: Features and Benefits - TerraFabric allows operators to define policies that are enforced uniformly across all levels, optimizing workload placement based on specific use cases [7] - The platform supports controlled software rollouts with health checks and rollback capabilities, ensuring system stability during updates [7][10] - It introduces "governed autonomy," allowing AI agents to operate within defined boundaries, enhancing trust in autonomous systems [11][12] Group 4: Immediate Value Proposition - On day one, operators can utilize TerraFabric to roll out AI model updates, publish network policies, and coordinate workflows across sites without manual integration [13][14] - The platform is designed to address common challenges faced during the transition from pilot to production in edge deployments [14] Group 5: Deployment Options - TerraFabric can be deployed as a standalone control plane or integrated within VeeaONE, allowing for flexibility in managing diverse infrastructure [15] - It can bridge VeeaONE and non-Veea environments, enabling organizations to automate their infrastructure as a single coordinated system [15] Group 6: Availability - TerraFabric is currently available for pilot deployments, with organizations encouraged to request early access or explore partnership opportunities [16]