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APEX Tech Acquisition Inc. Prices $100 Million Initial Public Offering
Globenewswire· 2026-02-26 00:41
Group 1 - APEX Tech Acquisition Inc. has announced the pricing of its initial public offering (IPO) of 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one ordinary share and one right to receive one-fourth (1/4) of one ordinary share upon the consummation of an initial business combination [1] - The units are expected to trade on The New York Stock Exchange (NYSE) under the ticker symbol "TRADU" beginning February 26, 2026, with the IPO expected to close on February 27, 2026, subject to customary closing conditions [1] - Once the securities comprising the units begin separate trading, the ordinary shares and the rights are expected to be traded on NYSE under the symbols "TRAD" and "TRADR," respectively [1] Group 2 - A.G.P./Alliance Global Partners is acting as the sole book-running manager for the offering and has been granted a 45-day option to purchase up to 1,500,000 units at the initial public offering price to cover over-allotments [2] - A registration statement on Form S-1 relating to the securities was previously filed with the Securities and Exchange Commission (SEC) and declared effective on February 25, 2026 [3] Group 3 - APEX Tech Acquisition Inc. is a blank check company incorporated in the Cayman Islands with limited liability, aimed at effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities [5] - The company intends to conduct a search for target businesses without being limited to a particular industry [5]
Northland Power Reports Fourth Quarter 2025 Results and 2026 Financial Outlook
Globenewswire· 2026-02-26 00:10
Core Insights - Northland Power Inc. reported financial results for the year ended December 31, 2025, highlighting a strategic focus on maximizing long-term shareholder value through a five-year plan and growth initiatives in Canada and Europe [3][6][39]. Financial Performance - In Q4 2025, Northland achieved an Adjusted EBITDA of $1.25 billion, aligning with financial guidance, and Free Cash Flow of $1.46 per share, exceeding expectations [6][12]. - Full-year 2025 revenue from energy sales increased to $2.43 billion from $2.35 billion in 2024, while net income decreased to a loss of $108 million due to a significant impairment expense [12][30]. - Q4 2025 revenue from energy sales was $723 million, up from $572 million in Q4 2024, with net income rising to $290 million from $150 million in the same quarter of the previous year [12][30]. Operational Highlights - The operating fleet availability in Q4 2025 was 96%, with offshore wind assets in Germany achieving record production [4][6]. - Northland is advancing two major offshore wind projects: the 1.0 GW Hai Long project, with 37 out of 73 turbines installed, and the 1.1 GW Baltic Power project, which is on track for commercial operations in the second half of 2026 [7][8][39]. Strategic Developments - A new global strategy was introduced, targeting a doubling of gross operating capacity to 7 GW by 2030, with a focus on cost efficiency and high-quality opportunities [6][8]. - Northland expanded its battery energy storage system pipeline with two late-stage pre-construction projects in Poland, totaling 300 MW / 1.2 GWh [6][8]. Future Outlook - For 2026, Northland expects Adjusted EBITDA to be between $1.45 billion and $1.65 billion, with Free Cash Flow projected at $1.05 to $1.25 per share [41][42]. - The anticipated contributions from the Hai Long and Baltic Power projects are expected to enhance revenue generation, with Hai Long projected to reach commercial operations in 2027 [40][41].
PITAKA Debuts Aaron Button, Turning the Galaxy S26 Case Into a Programmable Control Interface
Globenewswire· 2026-02-26 00:00
Three programmable buttons turn the phone case into a personal control hub—launch apps, trigger smart home routines, or control connected devices, all with a single press. HONG KONG, Feb. 25, 2026 (GLOBE NEWSWIRE) -- PITAKA today announced the launch of Aaron Button, a built-in three-button shortcut system that transforms a phone case from a passive accessory into a personal efficiency hub. Designed to extend smartphone functionality beyond the touchscreen, Aaron Button enables users to launch apps, trigger ...
PITAKA Turns the Galaxy S26 Case Into a Programmable Control Hub With Aaron Button
Globenewswire· 2026-02-26 00:00
HONG KONG, Feb. 25, 2026 (GLOBE NEWSWIRE) -- PITAKA today introduces its Galaxy S26 case lineup featuring the Aaron Button, a built-in three-button shortcut system that transforms a traditional phone case into an intelligent hardware interface. Designed for productivity and customization, Aaron Button allows users to assign programmable shortcuts to physical buttons integrated into the case. With a single press, users can launch apps, trigger smart home routines, activate navigation routes, start recording ...
Gaming and Leisure Properties Announces Pricing of $800,000,000 of 5.625% Senior Notes Due 2036
Globenewswire· 2026-02-25 23:50
Core Viewpoint - Gaming and Leisure Properties, Inc. (GLPI) has announced a public offering of $800 million in senior notes due 2036, with a coupon rate of 5.625% and priced at 99.857% of par value [1] Group 1: Offering Details - The offering consists of senior notes to be issued by GLP Capital, L.P. and GLP Financing II, Inc., which are wholly-owned subsidiaries of GLPI [1] - The notes will mature on March 1, 2036, and are senior unsecured obligations guaranteed by GLPI [1] - The offering is expected to close on March 4, 2026, subject to certain closing conditions [2] Group 2: Use of Proceeds - The net proceeds from the offering will be used to repay borrowings under the Operating Partnership's term loan credit facility [2] - Remaining proceeds will be allocated for working capital and general corporate purposes, including acquisitions, funding development and expansion projects, repayment of indebtedness, and capital expenditures [2] Group 3: Regulatory and Management Information - The offering will be made under an effective shelf registration statement filed with the SEC, and details are available through the SEC's EDGAR database [3] - A number of financial institutions, including Wells Fargo Securities and J.P. Morgan Securities, are serving as joint book-running managers for the offering [4] Group 4: Company Overview - GLPI is engaged in acquiring, financing, and owning real estate properties to be leased to gaming operators under triple-net lease arrangements, where tenants are responsible for all facility maintenance and related costs [6]
Ryman Hospitality Properties, Inc. Announces Pricing of $700 Million of Senior Notes Due 2034
Globenewswire· 2026-02-25 23:27
Core Viewpoint - Ryman Hospitality Properties, Inc. has successfully priced a private placement of $700 million in senior notes with a 5.750% interest rate, maturing in 2034, to refinance existing debt [1][2] Group 1: Financial Details - The senior notes will be senior unsecured obligations guaranteed by the Company and its subsidiaries, with net proceeds expected to be approximately $687 million after deducting discounts and expenses [1] - The proceeds will be used to fully redeem the Issuers' existing 4.750% senior notes due 2027, including accrued interest and related fees [2] Group 2: Regulatory Compliance - The notes will be sold only to qualified institutional buyers in compliance with Rule 144A and to certain non-U.S. persons under Regulation S of the Securities Act [3] Group 3: Company Overview - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality REIT specializing in upscale convention center resorts and entertainment experiences, owning several major properties including Gaylord Opryland Resort & Convention Center and Gaylord Palms Resort & Convention Center [5] - The Company manages a total of 12,364 hotel rooms and over 3 million square feet of meeting space across its properties, which are managed by Marriott International [5] - Ryman also holds a 70% controlling interest in Opry Entertainment Group, which includes iconic country music brands and manages various entertainment venues [5]
Omni Bridgeway reports positive 1H FY26 results, with strong investment and financial performance
Globenewswire· 2026-02-25 23:25
Financial Performance - Omni Bridgeway reported a total statutory income of A$179.5 million for the half-year, resulting in a net profit after tax (NPAT) of A$84.5 million, equating to A$0.29 earnings per share [6] - The total book value per share increased by 7% to A$3.20 per share [6] - Cash operating expenses were A$34.4 million, significantly below the FY26 budget of A$80 million [6] Investment Performance - The company achieved a multiple on invested capital (MOIC) of 2.6x for the period, with 45 full and partial completions generating A$223.7 million in investment proceeds [6] - Fee income increased by 37% compared to the first half of FY25, aligning with the FY26 target of A$35 million [6] Assets Under Management (AUM) - Assets under management rose to A$5.5 billion, reflecting a 5% increase since June 30, 2025 [6] - An additional US$228 million of capital was raised in a further close for the US$1 billion flagship Funds 4 and 5 Series II [6] Strategic Positioning - The company maintains a diversified portfolio that continues to deliver consistent completions and cash proceeds, supported by disciplined underwriting and valuation practices [4] - Omni Bridgeway is well-positioned to capitalize on a strong pipeline of new investment opportunities, aiming to provide attractive, uncorrelated returns across various market cycles [4][5] Corporate Highlights - The Managing Director and CEO, Raymond van Hulst, expressed satisfaction with the positive results, attributing them to the disciplined execution of the company's strategy [3] - The release of the half-year results coincides with Omni Bridgeway's 40th anniversary, highlighting its long-standing track record and expertise in legal finance [6][7]
Hampton Financial Corporation Announces Results of Annual Meeting of Shareholders
Globenewswire· 2026-02-25 22:44
Core Insights - Hampton Financial Corporation announced the results of its Annual Meeting of Shareholders held on February 25, 2026, where all matters proposed in the management information circular dated January 27, 2026, were approved, including the election of six incumbent directors [1] Company Overview - Hampton Financial Corporation is a private equity firm focused on building shareholder value through long-term strategic investments [2] - The company operates through its subsidiary, Hampton Securities Limited, which provides family office services, wealth management, institutional services, and capital markets activities, and is regulated by the Investment Industry Regulatory Organization of Canada [2] - Hampton also offers investment banking services, including capital raises, mergers and acquisitions advisory, and assistance with listings on recognized securities exchanges in Canada [2] - The company is involved in commercial lending through its subsidiary, Oxygen Working Capital Corp., which provides financing solutions to businesses across Canada [2] - Hampton is actively seeking to diversify its revenue base through selective strategic investments in complementary and non-core sectors, leveraging the expertise of its Board of Directors and management team [2]
NCS Multistage Holdings, Inc. Schedules Fourth Quarter 2025 Earnings Release and Conference Call
Globenewswire· 2026-02-25 22:42
Company Overview - NCS Multistage Holdings, Inc. is a leading provider of highly engineered products and support services for optimizing oil and natural gas well construction, completions, and field development strategies [3] - The company primarily serves exploration and production companies for onshore and offshore wells, especially those drilled with horizontal laterals in both unconventional and conventional formations [3] - NCS's products and services are utilized in oil and natural gas basins across North America and selected international markets, including the North Sea, the Middle East, and Argentina [3] - The company's common stock is traded on the Nasdaq Capital Market under the symbol "NCSM" [3] Upcoming Events - NCS will host a conference call to discuss its fourth quarter 2025 results on March 5, 2026, at 7:30 a.m. Central Time [1] - The earnings release for the fourth quarter 2025 will be issued the evening prior to the conference call [1] - The conference call will be available via a live audio webcast, and participants can register to ask questions or join as listeners [2] - A replay of the conference call will be available in the Investors section of the company's website shortly after the call and will remain accessible for approximately seven days [2]
Carriage Services Announces Strong Fourth Quarter and Full Year 2025 Results and Issues 2026 Guidance
Globenewswire· 2026-02-25 22:31
Core Insights - Carriage Services, Inc. reported strong financial performance for Q4 and the full year 2025, with significant growth in both funeral and cemetery operations [3][4]. Financial Highlights - In Q4 2025, total funeral operating revenue increased by 9.6%, while total cemetery operating revenue grew by 18.4% [3]. - Operating income rose by 16.8%, and adjusted consolidated EBITDA increased by 11.0%, with an adjusted consolidated EBITDA margin of 30.8%, up 80 basis points year-over-year [3][4]. - For the full year 2025, GAAP diluted EPS grew nearly 55% to $3.25, and adjusted diluted EPS increased by 21% to $3.20 [6][4]. - Total revenue for the year reached $417.4 million, a 6.1% increase from 2024, driven by higher contract volumes and improved pricing discipline [4][15]. Operational Metrics - The company completed strategic acquisitions of two businesses generating over $15 million in annual revenue and divested non-core assets, resulting in a leverage ratio of 4.0x [4][6]. - Preneed cemetery sales production increased by 13.4% year-over-year, contributing to the overall revenue growth [4][6]. - The average price per preneed interment right sold was $5,643, up from $5,264 in the previous year [7]. Outlook for 2026 - The company projects total revenue between $440 million and $450 million, with adjusted consolidated EBITDA expected to be between $135 million and $140 million [10]. - Adjusted diluted EPS is forecasted to be in the range of $3.35 to $3.55, with adjusted free cash flow anticipated between $40 million and $50 million [10].