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Tag: directors

Dana Incorporated Announces Agreement to Sell Off-Highway Business for $2.7 Billion; $1 Billion Capital Return Authorization

Price represents 7x the expected 2025 adjusted EBITDA of the Off-Highway business Strengthens balance sheet through substantial debt reductionPositions Dana with a streamlined go-to-market approach...

Allison Transmission Announces Acquisition of Dana’s Off-Highway Business, Strengthening its Global Powertrain Capabilities

INDIANAPOLIS, June 11, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced it has entered into a definitive agreement to acquire the Off-Highway...

Alvotech’s Private Placement Completed with Delivery of SDRs and Shares to Investors

Alvotech (NASDAQ: ALVO, ALVO-SDB, the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the completion of a private placement that was carried out on June 4, 2025, directed to Swedish and international institutional investors. About 40 institutional investors participated in the placement. About 60% of the demand came from institutional investors based in Sweden, Norway or the UK, and about 30% from US-based funds. Over 80% of the shares and Swedish Depositary Receipts (SDRs) allocated in the placement, were sold to investors that were not previously shareholders in Alvotech.

Alvotech’s Private Placement Completed with Delivery of SDRs and Shares to Investors

Alvotech (NASDAQ: ALVO, ALVO-SDB, the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the completion of a private placement that was carried out on June 4, 2025, directed to Swedish and international institutional investors. About 40 institutional investors participated in the placement. About 60% of the demand came from institutional investors based in Sweden, Norway or the UK, and about 30% from US-based funds. Over 80% of the shares and Swedish Depositary Receipts (SDRs) allocated in the placement, were sold to investors that were not previously shareholders in Alvotech.

AIM ImmunoTech Announces 1-for-100 Reverse Stock Split

OCALA, Fla., June 11, 2025 (GLOBE NEWSWIRE) -- AIM ImmunoTech Inc. (OTC Pink: AIMID) (NYSE American: AIM) (“AIM” or the “Company”) today announced a reverse stock split (“Reverse Stock Split”) of its shares at a ratio of 1-for-100. The Reverse Stock Split will take effect at market open tomorrow, June 12, 2025. The Company’s ticker symbol on the OTC Pink will be AIMID for 20 trading days, including the effective date.

Fortrea Names Anshul Thakral Chief Executive Officer

Thakral succeeds Interim CEO, Peter M. Neupert, who will remain chairman of the board
Thakral succeeds Interim CEO, Peter M. Neupert, who will remain chairman of the board

Oracle Announces Fiscal 2025 Fourth Quarter and Fiscal Full Year Financial Results

Q4 Remaining Performance Obligations up 41% to $138 billionQ4 GAAP Earnings per Share $1.19, non-GAAP Earnings per Share $1.70Q4 Total Revenue $15.9 billion, up...

Capital Southwest Announces Transition to Monthly Regular Dividends and Declares Total Dividends of $0.64 per share for the Quarter Ending September 30, 2025

DALLAS, June 11, 2025 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce a change to its regular dividend payment frequency from quarterly to monthly beginning in July 2025.

Build-A-Bear Celebrates International Day of Play by Playing It Forward

Donates One Teddy Bear for Each Make-Your-Own Plush Animal Sold to Children in Need ST. LOUIS, June 11, 2025 /PRNewswire/ -- Build-A-Bear, the iconic experiential...

AUSTRALIA-FOUNDED OTHELIA TECHNOLOGIES EXPANDS TO U.S. AND NAMES SCOTT GREENBERG EXECUTIVE CHAIRMAN

Alexandra Hooven Appointed Chief Growth Officer, Joining CEO Kate Armstrong-Smith, CTO Joe Couch and Greenberg as Company Moves to Build Story Design and Management...

Andrew Peller Limited Announces First Quarter Fiscal 2026 Dividend

GRIMSBY, Ontario, June 11, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Andrew Peller Limited (ADW.A / ADW.B) (the “Company”) announced today that it has approved a quarterly common share dividend of $0.0615 per Class A Share and $0.0535 per Class B Share to be paid on July 11, 2025 to shareholders of record on June 30, 2025. The Company has consistently paid common share dividends since 1979. The Company currently designates all dividends paid as “eligible dividends” for purposes of the Income Tax Act (Canada) unless indicated otherwise.

Bio Ascend, a Vaniam Group Company, Hosts Third Cohort of Next Wave Forum for Young Investigators in Thoracic Oncology

Twenty promising early-career clinical investigators join a year-long mentorship and training program led by renowned international leaders, aimed at shaping the future of lung...

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