Tag: 6

Increased share authorization provides the capital structure flexibility to fund the planned Frontier Power USA Investment

Gross Profit Increased 17% Year-Over-Year to $7.0 Million in 2025

Recognition follows approximately $5 million in strategic capital raises and continued execution of Turbo Energy's global AI-driven energy infrastructure growth strategy

Great Lakes Wine & Spirits, One of the Midwest’s Most Established Distribution Networks, to Launch AMASS Electrolyte Mixers Across Michigan

MONROE TOWNSHIP, N.J., June 05, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), today announced that it has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 25,000,000 shares of the Company’s common stock together with common warrants to purchase up to 25,000,000 shares of common stock in a registered direct offering at a combined purchase price of $0.40 per share of common stock and accompanying common warrant. The offering was priced at a premium to yesterday’s closing price. The common warrants will be exercisable on the six month anniversary of the date of issuance at an exercise price of $0.40 per share and will expire 6 years from the initial date of exercise.

NEW YORK, June 05, 2026 (GLOBE NEWSWIRE) -- G-III Apparel Group, Ltd. (NasdaqGS: GIII) (“G-III” or the “Company”) today reported results for the first quarter of fiscal year 2027, ended April 30, 2026.

BEIJING, June 05, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HK: 2076) today announced the continued execution of its share repurchase program, utilizing over RMB40.6 million to repurchase 840,198 ordinary shares on June 4, 2026. With this latest repurchase, the Company has made over RMB1.67 billion in share repurchases year-to-date in 2026. This effort underscores the Company's ongoing commitment to delivering value to shareholders.