Industrials

LEADING EDGE MATERIALS ANNOUNCES UP TO C$4,000,000 NON-BROKERED PRIVATE PLACEMENT

MONTREAL, June 11, 2025 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”), one of the world's leading professional services firms, announces that it has reached agreements to acquire the entire issued and to be issued share capital of Ricardo plc (“Ricardo”) for 430 pence (the “Offer Price”) per share (the “Acquisition”). This Acquisition underscores WSP's commitment to expanding its footprint in high-growth sectors worldwide.

With rapid innovation and deep industry partnerships, Turntide empowers OEMs with flexible systems-level solutions for next-gen mobility.

CHINO, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (“Karat” or the “Company”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced the pricing of its previously announced underwritten secondary offering of 1,500,000 shares of Karat’s common stock by certain members of the Company’s management team (collectively, the “Selling Stockholders”) at a price of $27.00 per share. The underwriters have been granted a 30-day option to purchase up to an additional 225,000 shares of Karat’s common stock from the Selling Stockholders. The offering is expected to close on June 12, 2025, subject to the satisfaction of customary closing conditions. The Company will not receive any proceeds from the sale of shares by the Selling Stockholders.

Royalty-driven Model delivers Strong Margin Expansion and Cash Generation; Leadership Transition positions Company for Next Phase of Growth

Le modèle axé sur les redevances contribue à l’augmentation des marges et des flux monétaires, et la transition au sein de la direction positionne l'entreprise pour la prochaine phase de croissance