Annual Results 2025: clear second half improvement, restructuring measures show first results
Globenewswire· 2026-02-26 05:30
Ad hoc announcement pursuant to Article 53 LR26 February 2026 – 06:30 AMThe Feintool Group’s business performance in the 2025 financial year reflects a market environment that remains challenging, with differing dynamics across regions and technologies. The global automotive market is growing at a low single-digit rate, while shifts in climate policy and subsidy schemes – particularly in the United States – are influencing investment decisions and the pace of electrification. At the same time, demand for in ...
Inbank unaudited financial results for Q4 and 12 months of 2025
Globenewswire· 2026-02-26 05:30
In 2025, Inbank’s consolidated net profit increased to €19.2 million, up 57% year-on-year. Return on equity (ROE) improved to 12.3% for the full year. In Q4 2025, Inbank earned a net profit of €6.1 million, increasing 339% year-on-year, and ROE for Q4 reached 14.7%. In 2025, total net income reached €85.1 million, increasing 13% year-on-year, while operating expenses remained broadly flat at €46.3 million. As a result, net profit increased 57% to €19.2 million and return on equity improved to 12.3%. The co ...
CGTN: Merz's China visit injects fresh momentum into China-Germany, China-Europe ties
Globenewswire· 2026-02-26 04:24
CGTN published an article on German Chancellor Friedrich Merz's official visit to China from February 25 to 26. The article highlights the significance of the visit and analyzes – from economic and political perspectives – how China and Germany have written a successful story of win-win cooperation, and how their partnership injects stability into China-Europe relations and global governance. BEIJING, Feb. 25, 2026 (GLOBE NEWSWIRE) -- German automaker BMW announced plans in April 2025 to start integrating a ...
InnoCare Announces Key Developments of Critical Clinical Studies
Globenewswire· 2026-02-26 03:56
Core Viewpoint - InnoCare Pharma has made significant progress in clinical development, completing patient enrollment in multiple Phase III registrational trials for its cancer and autoimmune disease treatments [1] Group 1: Clinical Development Progress - The company completed patient enrollment in a Phase III trial for the BCL2 inhibitor mesutoclax (ICP-248) combined with BTK inhibitor orelabrutinib for treatment-naïve chronic lymphocytic leukemia/small lymphocytic lymphoma (CLL/SLL) patients [2] - InnoCare has also accelerated the clinical development of two novel TYK2 inhibitors, completing patient enrollment in the Phase III trial of soficitinib (ICP-332) for moderate to severe atopic dermatitis and in the Phase III trial of ICP-488 for psoriasis [4] - Additionally, patient enrollment has been completed in a Phase II trial of soficitinib for vitiligo, targeting various T-cell related autoimmune disorders [5] Group 2: Drug Mechanisms and Indications - Mesutoclax is a selective oral BCL2 inhibitor that restores normal apoptosis in cancer cells, aiming to provide deeper remission for treatment-naïve CLL/SLL patients [3] - Soficitinib is a potent TYK2 inhibitor being developed for multiple dermatological conditions, including atopic dermatitis, vitiligo, prurigo nodularis, CSU, and psoriasis [5][6] - ICP-488, an oral allosteric TYK2 inhibitor, blocks inflammatory cytokine signaling pathways, addressing autoimmune and inflammatory diseases [6] Group 3: Company Overview - InnoCare is a commercial stage biopharmaceutical company focused on developing first-in-class and best-in-class drugs for cancer and autoimmune diseases with unmet medical needs [7]
DMG Blockchain Solutions Reports First Quarter 2026 Financial Results
Globenewswire· 2026-02-26 02:25
Core Insights - DMG Blockchain Solutions Inc. reported its fiscal first quarter 2026 unaudited financial results, highlighting a focus on its core data center operations and digital asset financial services [1][3] Financial Performance - Revenue for Q1 2026 was $11.2 million, a decrease of 4% from $11.6 million in Q1 2025, primarily due to a $1.8 million drop in digital currency mining revenues, partially offset by $1.5 million from energy efficiency incentives [4][10] - Operating and maintenance expenses remained stable at $6.7 million, while general and administrative costs slightly increased to $1.9 million due to higher consulting fees related to AI strategy investments [5] - Depreciation expenses decreased to $3.5 million from $4.3 million in Q1 2025, reflecting the declining balance depreciation method [6] - The net loss for Q1 2026 was $2.2 million, an improvement from a net loss of $3.1 million in Q1 2025, attributed to reduced operating losses and foreign exchange impacts [7] - Comprehensive income/loss showed a significant decline, moving from a gain of $12.2 million in Q1 2025 to a loss of $16.5 million in Q1 2026, mainly due to unrealized valuation losses on digital currency [8] Asset and Cash Position - Total assets as of December 31, 2025, were $122.0 million, down from $132.0 million at the end of September 2025, driven by a $6.0 million decrease in digital asset valuations and $3.1 million in fixed asset depreciation [9][10] - Cash, short-term investments, and digital assets totaled $58.6 million at the end of Q1 2026, a decrease of 10% from $65.2 million at year-end 2025 [10] Operational Highlights - The company mined 69 bitcoins in Q1 2026, down from 97 bitcoins in Q1 2025, while the hashrate increased by 10% to 1.76 EH/s [10] - DMG is converting its Christina Lake facility into an AI data center with a capacity of at least 50 megawatts, aiming to fill an industry gap in available capacity [3] Future Outlook - The company is actively pursuing AI off-takers and potential government partnerships to drive future revenue growth through its Systemic Trust initiative [3]
VOOPOO DRAG 6 First Look: Legendary GENE TT 3.0 Chipset and All-New UFORCE-X Tank II Exposed
Globenewswire· 2026-02-26 02:22
Core Insights - The vaping industry continues to evolve with new product formats, yet high-performance mods like VOOPOO's DRAG series remain popular among seasoned vapers [1] - The upcoming DRAG 6 is set to launch in March 2026, featuring significant innovations such as the GENE TT 3.0 chip and the UFORCE-X Tank II [2] Group 1: Product Highlights - VOOPOO's DRAG 5 was recognized as the "Best Vape Mod" in 2024 and continues to lead the market two years later [1] - The DRAG series has a history of technological advancements, including instant-inhaling capabilities and rapid igniting speeds, with the DRAG 6 expected to continue this legacy [2] Group 2: Marketing and Promotions - VOOPOO has initiated an Early Bird event offering 50% OFF vouchers and a chance to win 166 free DRAG 6 coupons, encouraging community engagement [3] - The company will showcase the DRAG 6 at Vapexpo Paris 2026 and TPE26 in March, allowing users to experience the product firsthand [3]
MindRank Announces First Patient Dosed in Phase III Trial of AI-Designed Oral GLP-1 Receptor Agonist MDR-001
Globenewswire· 2026-02-26 02:22
Core Insights - MindRank has initiated the Phase III clinical trial for MDR-001, an AI-designed oral GLP-1 receptor agonist aimed at treating obesity and type 2 diabetes in China [1][2] - The trial, named MOBILE, will involve approximately 750 patients across 50 clinical centers, assessing the long-term efficacy and safety of MDR-001 [2] - MDR-001 has shown promising results in a Phase IIb trial, demonstrating clinically meaningful efficacy and favorable tolerability [3] Company Overview - MindRank is a clinical-stage biotechnology company that leverages AI for drug discovery, focusing on "hard-to-drug" targets to enhance the efficiency and success rate of new drug development [9] - The company utilizes its proprietary AI platform, Molecule Pro™, which integrates various scientific disciplines to optimize drug discovery processes [7][9] Technology and Innovation - The Molecule Pro™ platform employs advanced AI techniques, including deep learning and generative AI, to facilitate drug discovery and optimize lead compounds [7][8] - The platform's capabilities include predicting drug safety and optimizing molecular design to improve the chances of successful drug development [8] Development Milestones - The development of MDR-001 progressed from project initiation to U.S. IND clearance in 19 months and reached Phase III within approximately 4.5 years [4] - The dosing of the first patient in Phase III is considered a significant milestone for both MDR-001 and AI-driven drug development [6]
Paul Mueller Company and Springfield Public Schools Announce Welding & Grinding Youth Apprenticeship Partnership
Globenewswire· 2026-02-26 01:55
Core Insights - Paul Mueller Company and Springfield Public Schools have launched a Welding and Grinding Registered Youth Apprenticeship partnership, marking a significant advancement in workforce development for advanced manufacturing in Missouri [1][9] - This initiative is the only stainless welding and grinding pathway in Missouri, creating a direct link between classroom education and paid industry experience [2][9] Company Overview - Paul Mueller Company is recognized as one of the largest and most innovative stainless steel manufacturers globally, with over 85 years of experience in manufacturing [2] - The company specializes in designing and manufacturing stainless steel processing equipment and heat transfer solutions for various markets, including food, beverage, dairy, pharmaceutical, chemical, nuclear, and industrial sectors [6] Apprenticeship Program Details - The apprenticeship program allows students aged 17 and above to earn up to $25 per hour while gaining hands-on experience in stainless steel welding and grinding, along with earning educational credits [4] - The program follows a nationally recognized Registered Apprenticeship model, emphasizing paid employment, structured on-the-job learning, industry-aligned training, and portable credentials [4] Community Impact - The partnership aims to create meaningful opportunities for students and strengthen the skilled workforce in southwest Missouri, reflecting a commitment to community investment and operational excellence [5] - This initiative is expected to build a sustainable talent pipeline that supports both student success and regional economic strength [5]
Draganfly Announces Pricing of US$50.0 Million Registered Direct Offering
Globenewswire· 2026-02-26 01:50
Core Viewpoint - Draganfly Inc. has announced a registered direct offering of 7,150,000 common shares at a price of US$7.00, aiming for gross proceeds of approximately US$50.0 million before expenses [1]. Group 1: Offering Details - The offering is being led by Maxim Group LLC, with Raymond James Ltd. and Ladenburg Thalmann & Co. Inc. as co-placement agents [2]. - The expected closing date for the offering is around February 27, 2026, pending customary closing conditions [3]. - The offering is subject to regulatory approvals from the Canadian Securities Exchange and notification to the Nasdaq Stock Market [4]. Group 2: Use of Proceeds - Draganfly intends to utilize the net proceeds for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and ongoing development and marketing of core products [3]. Group 3: Regulatory Compliance - The offering is made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission and the Company's Canadian short form base shelf prospectus [5]. - A prospectus supplement will be filed with relevant securities commissions in Canada and the SEC in the U.S. [6]. Group 4: Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in various sectors including public safety, agriculture, and industrial inspections [8].
TRG Latin America Acquisitions Corp. Announces Pricing of $200 Million Initial Public Offering
Globenewswire· 2026-02-26 01:27
Company Overview - TRG Latin America Acquisitions Corp. is a blank check company incorporated in the Cayman Islands, formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [4] - The company intends to leverage the expertise of its management team, particularly focusing on identifying a target business that can benefit from the experience of its CEO and Chairman Nicolas S. Rohatyn and CFO Miguel A. Gutierrez [5] Initial Public Offering (IPO) Details - The company has priced its initial public offering at $10.00 per unit, with a total of 20,000,000 units being offered [1] - The units will be listed on the Nasdaq Stock Exchange under the ticker symbol "TRGSU" starting February 26, 2026, and will consist of one Class A ordinary share and one right entitling the holder to receive one-tenth of one 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 up to an additional 3,000,000 units at the IPO price to cover over-allotments [2] - The offering is expected to close on February 27, 2026, subject to customary closing conditions [3] Management and Board Members - The management team includes Nicolas S. Rohatyn as CEO and Chairman, and Miguel A. Gutierrez as CFO, both of whom are co-founders and partners at The Rohatyn Group [5] - The board of directors will include Miguel Kiguel, Daniel Gerold, and Thomas Wolf [6]