Tag: materials

FREEHOLD, N.J., June 27, 2025 (GLOBE NEWSWIRE) -- Channel Therapeutics Corporation, (“Channel” or the “Company”), (NYSE American: CHRO), an emerging leader in the development of non-opioid pain treatment therapeutics, today announced a 10-for-one reverse split (the “Reverse Stock Split”) of the Company’s common stock (the “Common Stock”). The Reverse Stock Split is intended to increase the market price per share of the Company’s Common Stock and help the Company satisfy the initial listing requirements of the NYSE American (the “NYSE American”) in connection with the anticipated closing of the previously announced merger of CHRO Merger Sub, Inc., a wholly owned subsidiary of the Company, with and into LNHC, Inc. and the related approximately $50 million in capital to be raised from a group of strategic investors led by Murchinson (together, the “Proposed Transactions”).

In accordance with section 30 of the Capital Markets Act, Pandora A/S hereby announces that
BlackRock, Inc. has notified the company that it now holds 7,497,838 shares, corresponding to 9.49% of the total voting rights and share capital (previously 9.47%). Additionally, BlackRock, Inc. controls voting rights attached to financial instruments amounting to 0.51% (previously 0.50%). In total, BlackRock, Inc. control 10.0% of the company’s voting rights (previously 9.98%).

SPARKS, Nev., June 26, 2025 (GLOBE NEWSWIRE) -- Crusoe, the industry’s first vertically integrated AI infrastructure provider, and Redwood, the leading battery recycling and materials company, today unveiled North America's largest microgrid powered by large-scale solar and second-life EV batteries, designed to support AI factories with unparalleled flexibility and speed. This strategic partnership delivers rapidly deployable, mobile and scalable AI data centers that operate efficiently off-grid. Together, Crusoe and Redwood are delivering a compelling solution to one of AI’s biggest challenges: power.