Tag: combination

Gross Profit Grows 75% Year-Over-Year as Platform Operational Efficiency Improves

NEW YORK, June 05, 2026 (GLOBE NEWSWIRE) -- via TechMediaWire: BOXABL today announces its placement in an editorial published TechMediaWire (“TMW”), one of 75+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community.

Transaction underscores shift to a focused, operator-led model centered on reliability, 
utilization, and financial performance

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

NEW YORK, June 05, 2026 (GLOBE NEWSWIRE) -- Keel Infrastructure Corp. (NASDAQ/TSX: KEEL), a North American digital and energy infrastructure company (“Keel” or the “Company”), today announced that it has priced its offering of $400 million aggregate principal amount of 1.250% convertible senior notes due 2032 (the “Convertible Notes”). Keel has also granted the initial purchasers of the Convertible Notes an option to purchase, for a 13-day period beginning on and including the date on which the Convertible Notes are first issued, up to an additional $58 million aggregate principal amount of the Convertible Notes. The aggregate principal amount of the offering was increased from the previously announced offering size of $350 million (or $408 million if the initial purchasers exercise their option to purchase the option in full). The payment obligations under the notes will be fully and unconditionally guaranteed, on a senior unsecured basis, by Bitfarms Ltd., a wholly owned subsidiary of Keel. The offering is expected to close, subject to market and other closing conditions on or about June 9, 2026.