Tag: capital

Ningde, Fujian, China, July 07, 2025 (GLOBE NEWSWIRE) -- Oriental Rise Holdings Limited (Nasdaq: ORIS) (“Oriental Rise” or the “Company”), an integrated supplier of white- and black-tea products in mainland China, today announced that on June 30, 2025 it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum bid-price requirement set forth in Nasdaq Listing Rule 5550(a)(2).

The notification resulted from the fact that the closing bid price of the Company’s ordinary shares was below US $1.00 per share for 30 consecutive business days, from May 15, 2025 to June 27, 2025. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notice has no immediate effect on the listing of the Company’s ordinary shares, which will continue to trade uninterrupted on Nasdaq under the ticker “ORIS.”

Under Nasdaq Listing Rule 5810(c)(3)(A), Oriental Rise has a 180-calendar-day compliance period, ending on December 29, 2025 (the “Compliance Period”), to regain compliance with the minimum bid-price rule. If at any time during the Compliance Period the closing bid price of the Company’s ordinary shares is at least US $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide written confirmation of compliance and the matter will be closed.

If the Company does not regain compliance within the initial Compliance Period, it may be eligible for an additional 180-calendar-day grace period, provided that it meets all other continued-listing criteria for the Nasdaq Capital Market (except the bid-price requirement) and notifies Nasdaq of its intention to cure the deficiency, which may include implementing a reverse stock split if necessary.

Oriental Rise is actively monitoring the bid price of its ordinary shares and is evaluating all available options to regain compliance with Nasdaq’s requirements. The Company remains committed to delivering value to its shareholders and maintaining its listing on Nasdaq.

DUBAI, United Arab Emirates, July 07, 2025 (GLOBE NEWSWIRE) -- Little Pepe, a new entrant in the crypto space blending meme culture with scalable blockchain infrastructure, today announced it has successfully raised $4 million in its presale and launched a custom EVM-compatible Layer 2 blockchain. The milestone marks a major step forward for the project as it positions itself as a next-generation meme coin ecosystem on Ethereum’s Layer 2 landscape.

SEQUANA MEDICAL ANNOUNCES NEW SHARE CAPITAL AMOUNT

AUREA

KPN has repurchased 1,655,000 KPN ordinary shares in the period from 30 June to 4 July 2025. The shares were repurchased at an average price of € 4.11 per share for a total consideration of € 6.8m. These repurchases are part of the € 250m share buyback started on 25 February 2025 and reflect KPN's commitment to structurally return additional capital to its shareholders.

MONACO, July 07, 2025 (GLOBE NEWSWIRE) -- After four intense days, the Yacht Club de Monaco concluded the 12th edition of the Monaco Energy Boat Challenge. Uniboat-University of Bologna Argonauts Team, supported by Sanlorenzo, was crowned overall champion, and for the fourth time, they won the Energy Class (2021,2022,2023 and 2025) . At the Challenge, major industry players and young engineers combined their expertise to accelerate the sector's energy transition. This year again, HSH Prince Albert II of Monaco, President of the Yacht Club de Monaco, was keen to meet the students, stopping at paddock to discover the latest advances and following the races up close from the pontoon. “This edition was quite unique. The event itself was quite unique because it is impossible to find so many young engineers working for the sustainability of the yachting industry at the same place at the same time. Monaco is still the place where we can be in advance and for that reason we are Capital of Advanced Yachting”, said Bernard d'Alessandri, YCM General Secretary. “We are very proud to host and to work with young generations and it is beautiful to see people from everywhere in the world heading to the same direction”, he added.

COURTOIS S.A.