Recent Articles from Business Wire

The Ademi Firm is investigating SoHo House (NYSE: SHCO) for possible breaches of fiduciary duty and other violations of law in its going-private transaction.

DocGo Inc. (Nasdaq: DCGO) (“DocGo”), a leading provider of technology-enabled mobile health and medical transportation services, announced today that management will be participating in the following investor conferences in August and September:

Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced that Kirk Klatt has joined the Company as Vice President of Leasing. Mr. Klatt will be responsible for leading the Company’s leasing function and management of key retailer relationships.

Aramark (NYSE:ARMK), a global leader in food and facilities management, announced the successful completion of a favorable repricing for the Company’s 2028 Term Loan B, totaling $730 million. The new applicable interest rate will be the Secured Overnight Financing Rate (SOFR) plus 175 basis points, representing a 25 basis point reduction in pricing. This proactive action is expected to generate annual interest expense savings, further enhancing Aramark’s capital structure. There is no change to the Company’s outstanding debt, maturities, or covenants from the repricing.

Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that pursuant to the schedule set by the U.S. District Court for the District of Delaware (the “Court”), the Company and various parties submitted opening and response briefs on August 16 and August 17, 2025, respectively, in relation to the inclinations stated by the Court in its August 14, 2025 Order adjourning the Sale Hearing.

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the launch of WahajPeak (the “Platform”), Stonepeak’s inaugural renewable energy platform in the Middle East dedicated to securing and developing high-quality renewable energy projects in the region and beyond.

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IVIX, the first AI-powered platform designed to help governments around the world combat financial crime at scale using LLMs, advanced graph analytics and publicly available data, today announced the close of its $60 million Series B funding round, bringing the total amount raised to $85 million. The round follows five consecutive years of rapid growth and customer acquisition, as IVIX has helped customers identify billions of dollars in offshore assets and illicit financial activity.

PECA Labs, a medical device company redefining the field of vascular grafts and valves with durable, polymeric cardiovascular devices designed to fit, grow, and last, today announced that Co-founder and Chief Scientific Officer Dr. Arush Kalra has been named to the Pittsburgh 40 Under 40 list by Pittsburgh Magazine and PUMP.

TEN (Transportation Equipment Network), a leading trailer leasing company owned by I Squared Capital, a leading global infrastructure investor, today announced that Nathan Smith, TEN’s Chief Operating Officer, has been appointed interim Chief Executive Officer, effective immediately.

Cryptic Vector, a leading provider of full spectrum offensive cyber, electronic warfare, and secure radio frequency communications solutions, announced today it has acquired Caesar Creek Software, a provider of offensive cyber research and development services in the fields of vulnerability analysis, exploit development, reverse engineering, and network security for the Intelligence Community (“IC”) and Department of Defense (“DoD”). Cryptic Vector is a portfolio company of Enlightenment Capital.

MAC Copper Limited ARBN 671 963 198 (NYSE:MTAL; ASX:MAC)

The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQB: CBSTF) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today the successful closing of the sale of its Pennsylvania affiliate that owns 3 medical dispensaries (“Pennsylvania Transaction”) to VP Investment Holdings, LLC (“VP Holdings”). VP Holdings is comprised of principals from a leading privately-held dispensary operator in Pennsylvania, Restore Integrative Wellness Center, LLC. The sale will include a concurrent supply agreement with VP Holdings for products produced by Cannabist’s grow/processing affiliate, Green Leaf Medicals, LLC (“gLeaf”). This strategic Pennsylvania Transaction accelerates The Cannabist Company’s wholesale cultivation presence by enhancing the commercialization of its state-of-the-art grow-processor facility located in Saxton, Pennsylvania, while continuing to serve the broader medical market through high-quality medical marijuana.

Armada Acquisition today marks the one-year anniversary of the successful merger between Armada Acquisition Corp. I and Rezolve Ai (Nasdaq: RZLV). This transaction took Rezolve public and positioned it for sustained growth as an industry leader in AI-powered solutions, specializing in enhancing customer engagement, operational efficiency, and revenue growth. Armada Acquisition Corp. I was formed to identify and form a business combination with focus on a target in the financial services, Software-as-a-Service, or generative artificial intelligence industries.

Cleveland-Cliffs Inc. (NYSE: CLF) applauded today’s action by the U.S. Department of Commerce to include as derivative products subject to Section 232 steel tariffs electrical steel laminations and cores, as well as certain stainless steel automotive exhaust parts. Following a recent determination under the U.S. Department of Commerce’s new Section 232 tariff inclusion process, effective today, steel content in these products will be subject to 50% steel tariffs.

Ifinatamab deruxtecan (I-DXd) has been granted Breakthrough Therapy Designation (BTD) by the U.S. Food and Drug Administration (FDA) for the treatment of adult patients with extensive-stage small cell lung cancer with disease progression on or after platinum-based chemotherapy.

Solaris Energy Infrastructure, Inc. (NYSE:SEI) (“Solaris” or the “Company”), today announced the acquisition of HVMVLV, LLC (“HVMVLV”), a specialty provider of complex and fast-turnaround electrical control and distribution equipment along with associated technical design and engineering services. HVMVLV is one of Solaris’ strategic partners and was acquired from existing management, who will remain with the Solaris team and provide significant technical expertise as the Company advances its Power-as-a-Service strategy.

Coastal Bend LNG, developer of a multi-train natural gas liquefaction and export facility along the Texas Gulf Coast, today announced it has commenced a front-end engineering and design (FEED) study with Solvanic for electrochemically mediated amine regeneration (EMAR) carbon capture at its Coastal Bend LNG facility.

ConcertAI, a leader in oncology generative and agentic AI SaaS and multi-modal data (MMD) solutions for healthcare and life sciences, today announced the appointment of Michael Myshrall as chief financial officer (CFO). Myshrall brings over two decades of financial leadership experience in SaaS, artificial intelligence (AI) and technology sectors, positioning him to help accelerate ConcertAI's continued expansion and innovation in AI-powered clinical research and care.

JM Search, the leading retained executive search firm for private equity, and other growth-oriented private and public organizations, was ranked by Inc. 5000 as one of America's Fastest-Growing Private Companies for the third consecutive year. The Inc. 5000 list ranks companies according to percentage revenue growth from 2021 through 2024.

Abcuro, Inc., a clinical-stage biotechnology company developing therapies for the treatment of autoimmune diseases and cancer through precise modulation of cytotoxic T cells, today announced the appointment of George Eldridge as Chief Financial Officer (CFO). Mr. Eldridge brings more than 30 years of executive leadership experience in finance and business operations across the biotechnology industry.

Riskified Ltd. (NYSE: RSKD) (the “Company”), a leader in ecommerce fraud and risk intelligence, today announced financial results for the three and six months ended June 30, 2025. The Company will host an investor call to discuss these results today at 8:30 a.m. Eastern Time.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced it has entered into a definitive agreement to acquire Hydra-Stop LLC, a leading provider of specialty valve solutions, for approximately $290 million in cash, subject to customary adjustments, from Madison Industries. When adjusted for approximately $50 million of expected tax benefits, the net transaction value is approximately $240 million.

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Global TV shipments experienced a 2.1% year-on-year decline in the second quarter of 2025, according to new analysis from Omdia’s quarterly TV Sets Market Tracker. The drop comes as brands realign inventory and shift focus to new target markets amid volatile tariffs.

Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, will release its second quarter 2025 financial results before market open on Thursday, September 4, 2025. Following the announcement, company executives will host a conference call at 10 a.m. Eastern Time to discuss the quarterly results and provide a general business update.

IHS Holding Limited (NYSE: IHS) (“IHS Towers”) is saddened to report the passing of Mr Frank Dangeard, a valued member of the company’s Board of Directors. Mr. Dangeard joined the IHS Holding Limited Board of Directors in September 2020 and served as an Independent Non-Executive Director.

The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Charter Communications, Inc. (NASDAQ: CHTR) securities, including purchasers of call options or sellers of put options between July 26, 2024 and July 24, 2025, both dates inclusive (the “Class Period”), have until October 14, 2025 to seek appointment as lead plaintiff of the Charter Communications class action lawsuit. Captioned Sandoval v. Charter Communications, Inc., No. 25-cv-06747 (S.D.N.Y.), the Charter Communications class action lawsuit charges Charter Communications and certain of Charter Communications’ top executives with violations of the Securities Exchange Act of 1934.

Soho House & Co (NYSE: SHCO), today announced the appointment of Mr. Neil Thomson as the Company’s new Chief Financial Officer, effective August 18, 2025. Mr. Thomson, who will be based in the Company’s London Head Office, will succeed Mr. Thomas Allen, who will remain with the Company through August 29, 2025 to help ensure a smooth transition.

In H1 2025, LEO Pharma delivered robust growth and significantly improved profitability, enabling an increase to the financial outlook for sales growth and adjusted EBITDA margin in 2025 towards the upper-end of previously communicated expectations. In July, the FDA approval of Anzupgo® and partnership with Boehringer Ingelheim for SPEVIGO®, marked major strategic milestones demonstrating LEO Pharma’s commitment to advancing innovation in dermatology.

Ace Link Armor, a leading innovator in ballistic protection, is proud to unveil its latest advancement in mission-ready performance apparel: the Thermacore™ Base Layer T-Shirt. Designed to combat heat stress under body armor, this next-generation shirt redefines what tactical and law enforcement operators can expect from base-layer technology.

Empery Digital Inc. (NASDAQ: EMPD) (the “Company” or “Empery Digital”) today announced that it has entered into a committed borrowing facility to provide the Company with immediate access to $25 million in USD for share repurchases.

ShareBuilder 401k, a leading provider of affordable, all-ETF 401(k) plans for small businesses and medium-sized companies, today announced a special offer designed to assist businesses with employees establish their first 401(k) plan and meet the crucial Safe Harbor deadline.

Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA and precision medicine, today announced positive topline results from the randomized, phase III IMvigor011 clinical trial in muscle-invasive bladder cancer (MIBC). The trial is sponsored by Genentech, a member of the Roche Group.

Soho House & Co Inc. (NYSE: SHCO) (“SHCO”, “Company”, “we” or “our"), the global membership platform that connects a vibrant, diverse, and international group of members, today announced that it has entered into definitive agreements pursuant to which an investor group led by MCR and its Chairman and CEO Tyler Morse will acquire the outstanding shares of Soho House not held by certain significant shareholders. SHCO Executive Chairman Ron Burkle and the Yucaipa Companies LLC (“Yucaipa”) will roll their controlling equity interests in the Company and retain majority control of the business.

Westlake Corporation (NYSE: WLK) today announced an advance in the company’s sustainability objectives to further reduce its carbon emissions intensity by 20% by 2030, from a 2016 baseline, which is one of the company’s sustainability goals.

Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) today announced that it will report its unaudited financial results for the quarter ended June 30, 2025 before the U.S. market opens on Friday, August 29, 2025, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day.

Berkley One (a Berkley Company), an insurance provider for modern, sophisticated individuals and families, announces that Berkley One Classics, a provider of insurance solutions for collector vehicles since 1974, has introduced updated policy features and pricing for the New York market. Berkley One has introduced a redesigned product that lowers base rates for comprehensive and collision coverage. These updates result in meaningful savings for both current policyholders and new customers.

Berkshire Hathaway Specialty Insurance (BHSI) today announced it has named Irfan Esa as Head of National Business in the UK.

Anocca AB (‘Anocca’ or the ‘Company’), a leading clinical-stage T-cell immunotherapy company, has successfully raised SEK ~440 million (USD ~46 million) in financing. The additional capital will be used to drive the continued progress of VIDAR-1, Anocca’s gene-edited TCR-T cell therapies targeting mutant KRAS in pancreatic cancer, through early-stage clinical development, as well as progress Anocca’s preclinical pipeline. The financing was led by Mellby Gård with strong support from AMF, Ramsbury and existing shareholders, alongside new investors.

Swiss Re’s adoption of IFRS 17 has resulted in some shifts atop AM Best’s rankings of the world’s largest reinsurers, which differ based on accounting standards.

Ideagen, a global leader in compliance and risk management software, has further strengthened its solutions to support worker health and safety with the acquisition of Reactec, an industry-leading provider of innovative wearable technology with intuitive data analytics.

PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) ("PureTech" or the "Company") plans to announce its half-yearly results for the six months ended June 30, 2025, on Thursday, August 28, 2025.

500 Global, one of the world’s most active venture capital firms1, today announced the launch of their first founder programs in Nairobi, in collaboration with the United Nations Development Programme (UNDP), to support the pan-African ecosystem2.

Mitsubishi Electric Corporation, Mitsubishi Jisho Design Inc. and Waseda University jointly announced today that Mitsubishi Electric’s Net Zero Energy Building Test Facility “SUSTIE,” located in Kamakura, Kanagawa prefecture, was selected as Regional Winner (Regional Level Technology Awards 2025-2026 Regional Winner) in the Commercial Buildings (new) category of the ASHRAE® Technology Awards program. Organized by the Asian Region (ASHRAE Region XIII) of The American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE), the program is one of the world’s biggest technology award initiatives focusing on environmentally friendly building design.

Kochi Prefecture will host “WORLD YOSAKOI DAY” on August 22 (Fri) and 23 (Sat) at the EXPO Arena “Matsuri” during Expo 2025 Osaka, Kansai. The day YOSAKOI becomes a world culture. A special two-day event for the benefit of both Kochi and the world is scheduled be held. This event invites people from around the world to dance Yosakoi, which originated in Kochi, and to fully experience Kochi with all five senses, featuring street markets boasting over 300 years of history and products from every city, town, and village in the prefecture.

Nordson Electronics Solutions, a global leader in reliable electronics manufacturing technologies, will demonstrate their latest equipment for semiconductor manufacturing at SEMICON Taiwan 2025, September 10-12, booth i2326.

Bragg Gaming Group (BRAG:CA) (“Bragg” or the “Company”), a leading content and technology provider to the online gaming industry, today announced the Company learned of a cybersecurity incident early Saturday morning, August 16, 2025, CEST time.

EdgeCortix® Inc., a leading fabless semiconductor company specializing in energy-efficient artificial intelligence (AI) processing at the edge, today announced the initial close of its Series B funding round. This milestone raises EdgeCortix’s cumulative funding, including equity investments and substantial non-dilutive government awards since December 2024, to nearly $100 million USD, marking significant momentum in the company’s rapid growth and global market expansion.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Roblox Corporation (“Roblox” or “the Company”) (NYSE: RBLX) for violations of the securities laws.

Following two rounds of storms that both included high winds of up to 70 mph across all of northern Illinois Saturday and Sunday, ComEd crews have restored power to more than 80 percent of impacted customers. Some of the hardest hit areas from this afternoon’s storms included Crystal Lake, DeKalb, Joliet, Mount Prospect, Rockford, and Skokie.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Broadwind, Inc. (“Broadwind” or “the Company”) (NASDAQ: BWEN) for violations of the securities laws.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CPI Card Group Inc. (“CPI” or “the Company”) (NASDAQ: PMTS) for violations of the securities laws.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of C3.ai, Inc. (“C3” or “the Company”) (NYSE: AI) for violations of the securities laws.

In an almost unthinkable display of conflict-of-interest, a former Air Canada legal counsel, Maryse Tremblay, will rule on whether to end job action by striking Air Canada flight attendants at the Canada Industrial Relations Board.

CUPE 4095 President Tyler McBain, CUPE Alberta President Raj Uppal, and AFL President Gil McGowan will address striking Air Canada flight attendants. Following this, members of the CUPE 4095 Strike Committee will be available for comment on the current Air Canada strike and the labour interference by the federal government.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Align Technology, Inc. (“Align” or “the Company”) (NASDAQ: ALGN) for violations of the securities laws.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Six Flags Entertainment Corporation (“Six Flags” or “the Company”) (NYSE: FUN) for violations of the securities laws.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of LifeMD, Inc. (“LifeMD” or “the Company”) (NASDAQ: LFMD) for violations of the securities laws.

EstrellaTV, the multiplatform Spanish-language network owned by MediaCo Holding Inc. (Nasdaq: MDIA), closed out the July ratings period with significant momentum, notching some of its strongest audience gains of the season and extending a months-long trend of year-over-year growth in prime among Adults 18-49.

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Workhorse Group Inc. (NASDAQ: WKHS) and Motiv Electric Trucks is fair to Workhorse shareholders. Upon completion of the proposed transaction, Workhorse shareholders will own approximately 26.5% of the combined company.

Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action lawsuit on behalf of purchasers and acquirers of Reddit, Inc. (NYSE: RDDT) securities between October 29, 2024 and May 20, 2025. Reddit is a social media platform and forum-style website.

NorthWestern Energy Public Service Corporation d/b/a NorthWestern Energy Group will issue an all-source capacity request for proposals (RFP) on Aug. 15, 2025, for its South Dakota electric system. The capacity resource RFP is focused on improving reliability by securing additional capacity through a competitive market solicitation. NorthWestern Energy is also exploring opportunities to participate in the Southwest Power Pool Expedited Resource Adequacy Study, a one-time accelerated study of generation projects needed to address resource adequacy and reliability needs in the SPP footprint.

Discover Yourself, the world’s largest distributor of the Insights Discovery® personality assessment, has once again been named to the Inc. 5000 list of America’s Fastest-Growing Private Companies. This second-time honor places the Minnesota-based training firm alongside some of the country’s most innovative and dynamic businesses.

Babcock & Wilcox Enterprises, Inc. (“B&W” or the “Company”) (NYSE: BW) announced today the expiration and results of its previously announced offers to purchase for cash (the “Cash Offers”) up to a maximum $70 million aggregate amount (the “Offer Cap”) of Tender Consideration (as defined below) of the Company’s 8.125% Senior Notes due 2026 (the “February 2026 Notes”) and 6.50% Senior Notes due 2026 (the “December 2026 Notes” and, together with the February 2026 Notes, the “Notes”).

Western Digital Corp. (Nasdaq: WDC) today announced management participation in the following upcoming investor conferences:

MarinHealth is proud to announce the naming of the Bruce Braden Progressive & Metabolic Care Unit in recognition of a generous gift from philanthropist and longtime MarinHealth supporter Bruce Braden. His ongoing commitment to advancing access to exceptional diabetes and metabolic care has made a lasting impact on the lives of patients and families across Marin County and beyond.

The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of investors who purchased Charter Communications, Inc. (“Charter” or the “Company”) (NASDAQ: CHTR) common stock between July 26, 2024 and July 24, 2025, inclusive (the “Class Period”). Charter investors have until October 14, 2025 to file a lead plaintiff motion.

Advanced ENT & Allergy is pleased to welcome Elizabeth Walker Wadsworth, MD, MSCR, a highly trained otolaryngologist from Atlanta’s Buckhead community. Dr. Wadsworth provides comprehensive care for adults and children with conditions of the ear, nose, and throat, with special expertise in chronic sinusitis, hearing loss, and innovative treatments for sleep apnea, including the Inspire® implantable device.

Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, today announced that on July 22, 2025, the Compensation Committee of Guardant’s Board of Directors approved the granting of restricted stock units (“RSUs”) representing 239,565 shares of its common stock to 189 new non-executive employees and two non-qualified stock option awards to purchase 23,542 shares of its common stock to two new non-executive employees with a grant date of August 1, 2025 under the Guardant Health, Inc. 2023 Employment Inducement Incentive Award Plan (the “Inducement Plan”). The RSUs and stock options were granted as inducements material to the employees entering into employment with Guardant in accordance with Nasdaq Listing Rule 5635(c)(4).

RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.65 cents per unit for the month of August. The distribution will be payable on September 8, 2025, to unitholders of record as at August 29, 2025.

LifeX Term Income ETFs (“LifeX”) has announced that it will close and liquidate two exchange-traded funds to simplify its fund lineup.

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of B+ (Good) and the Long-Term ICR of “bbb-” (Good) of Star Mutual Risk Retention Group, Inc. (Star Mutual) (Knoxville, TN).

The Board of Directors of Summit Bancshares Inc., at a meeting held on July 16, 2025, in recognition of the bank’s 43rd year in business, declared a special cash dividend of $0.43 per share in lieu of the normal quarterly dividend, payable on September 30, 2025, to holders of record as of the close of business on September 9, 2025.

Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues: