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Wednesday, June 17, 2026

Tag: development

Net asset value of the EfTEN United Property Fund as of 31.05.2026

EfTEN United Property Fund earned a net profit of 109 thousand euros in May, and 812 thousand euros over the first five months of 2026 (compared to 1 322 thousand euros in the same period last year). In May, the fund decided to make a cash distribution to investors in the amount of 1,060 thousand euros, or 42.676 euro cents per unit. As a result, the net asset value (NAV) per fund unit decreased by 3,2% and stood at 11,66 euros at the end of May. Without the distribution, the NAV of EfTEN United Property Fund would have grown by 0,4% over the month.

LHV Group results in May 2026

AS LHV Group’s May financial results reflected positive performance, with the results of all subsidiaries in line with the financial plan. LHV Group earned a consolidated net profit of EUR 9.1 million in May, with return on equity attributable to shareholders of 14.1%. Among the subsidiaries, AS LHV Pank earned EUR 9.8 million, LHV Bank Ltd EUR 0.3 million, AS LHV Varahaldus EUR 0.2 million and AS LHV Kindlustus EUR 0.4 million in net profit.

Alvotech Announces Pricing of $152 Million Public Offering of Ordinary Shares and Concurrent Private Placement

REYKJAVIK, Iceland , June 16, 2026 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO; ALVO-SDB) (“Alvotech” or the “Company”), a global biotechnology company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 22,666,667 of its ordinary shares at an offering price of $3.75 per share. All ordinary shares to be sold in the Offering will be offered by Alvotech. The Offering is expected to close on or about June 17, 2026, subject to satisfaction of customary closing conditions. The Company has also granted the underwriters a 30-day option to purchase up to an additional 3,400,000 ordinary shares at the public offering price, less underwriting discounts and commissions. Before deducting the underwriting discounts and commissions and offering expenses, the Company expects to receive total gross proceeds of approximately $85 million from the Offering, or approximately $98 million if the underwriters exercise in full their option to purchase additional shares.

iSOFT Contributes Intelligent Driving OS as AUTOSAR CAPI Global Code Baseline

SHANGHAI, June 16, 2026 /PRNewswire/ -- At the 17th AUTOSAR Open Conference (AOC) in Shanghai, iSOFT (iSOFT Infrastructure Software Co., Ltd.) contributed its self-developed intelligent...

Scituate School Department & Johnston Public Schools Select Zum to Modernize Student Mobility

Rhode Island Becomes Zum's 18th State as Company Expands Northeast PresenceREDWOOD CITY, Calif., June 15, 2026 /PRNewswire/ -- Scituate School Department and Johnston Public...

Rapidus Signs MoU with Fondazione Chips-IT in Italy for Future Semiconductor Manufacturing

New collaboration provides framework between the Japan government and ItalyTOKYO, June 15, 2026 /PRNewswire/ -- Rapidus Corporation today announced that it signed a Memorandum of...

Minghui Pharmaceutical Presents Compelling Phase I/II Results for MHB018A, a Novel Subcutaneous Anti-IGF-1R Antibody for Thyroid Eye Disease, in an Oral Presentation at ENDO...

MHB018A demonstrated outstanding clinical activity in both active and chronic thyroid eye diseaseAt 450 mg Q4W, MHB018A achieved a remarkable 81% proptosis response at...

BIFOX ENTERS INTO AGREEMENTS TO ACQUIRE THE 550 MILLION TONNE[1] BAYOVAR 9 PHOSPHATE ROCK PROJECT IN PERU POSITIONING BIFOX TO BECOME ONE OF THE...

SYDNEY, June 15, 2026 /PRNewswire/ -- Bifox Limited ("Bifox") is pleased to advise it has entered into two agreements with Fossal S.A.A ("Fossal"), to...

WESCAN GOLDFIELDS INC. ANNOUNCES CLOSING OF SECOND TRANCHE, UPSIZING AND EXTENSION OF PRIVATE PLACEMENT

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES/SASKATOON, SK, June 15, 2026 /CNW/ - Wescan Goldfields Inc. (TSXV: WGF)...

ACON OPTICS (TWSE: 6820) Strengthens AI High-Speed Interconnect Portfolio with CPO and 1.6T Connectivity Technologies at COMPUTEX 2026

TAIPEI, June 15, 2026 /PRNewswire/ -- ACON OPTICS (TWSE: 6820), a leading provider of advanced optical connectivity solutions, showcased its latest innovations in AI...

NNB Nutrition Reports 33% Year-Over-Year Growth, Expands Strategic Investments and Industry Leadership in 2026

Functional ingredient innovator outpaces supplement industry growth through proprietary ingredient development, fermentation technology, and expanding global partnershipsBOISE, Idaho, June 15, 2026 /PRNewswire/ -- NNB Nutrition,...

Hybar Announces Pricing of $400,000,000 of Senior Secured Green Notes

OSCEOLA, Ark., June 15, 2026 /PRNewswire/ -- Hybar LLC ("Hybar") announced today the pricing of the previously announced offering (the "Offering") of $400,000,000 aggregate...

Terra Innovatum Global Files 2025 Form 10‑K and Reports Fourth Quarter and Fiscal Year 2025 Financial Results

Terra Innovatum Global N.V. (NASDAQ: NKLR) Files 2025 Form 10‑k and Reports Fourth Quarter and Fiscal Year 2025 Financial Results

EMP METALS CLOSES $2.9 MILLION FINANCING

VANCOUVER, BC, June 15, 2026 /CNW/ - EMP Metals Corp. (CSE: EMPS) (OTCQB: EMPPF) ("EMP Metals" or the "Company") is pleased to announce that...

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