Tag: shares

Gross Profit Increased 17% Year-Over-Year to $7.0 Million in 2025

MONROE TOWNSHIP, N.J., June 05, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), today announced that it has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 25,000,000 shares of the Company’s common stock together with common warrants to purchase up to 25,000,000 shares of common stock in a registered direct offering at a combined purchase price of $0.40 per share of common stock and accompanying common warrant. The offering was priced at a premium to yesterday’s closing price. The common warrants will be exercisable on the six month anniversary of the date of issuance at an exercise price of $0.40 per share and will expire 6 years from the initial date of exercise.

LETHBRIDGE, Alberta, June 05, 2026 (GLOBE NEWSWIRE) -- The ‘Alberta Ag-Plastic. Recycle It!’ program has been included in the shortlist for the 35th Annual Emerald Awards, presented by the Alberta Emerald Foundation (AEF), recognizing environmental excellence across the province. The shortlist represents the top projects and organizations selected from this year’s nominations, highlighting Alberta’s impact, innovation, and leadership in the environmental space.

NEW YORK, June 05, 2026 (GLOBE NEWSWIRE) -- G-III Apparel Group, Ltd. (NasdaqGS: GIII) (“G-III” or the “Company”) today reported results for the first quarter of fiscal year 2027, ended April 30, 2026.

BEIJING, June 05, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HK: 2076) today announced the continued execution of its share repurchase program, utilizing over RMB40.6 million to repurchase 840,198 ordinary shares on June 4, 2026. With this latest repurchase, the Company has made over RMB1.67 billion in share repurchases year-to-date in 2026. This effort underscores the Company's ongoing commitment to delivering value to shareholders.

FREMONT, Calif., June 05, 2026 (GLOBE NEWSWIRE) -- Dmitry Shubov Consulting is sharing an expert perspective on why Southeast Asian startups need to carefully think about what happens after they land a first U.S. customer, especially in a year when funding remains harder to win, and growth is under closer scrutiny. The recent perspective comes as Q1 2026 reporting from DealStreetAsia pointed to a still-selective startup funding environment across Southeast Asia, adding pressure on founders to show not just early traction, but a business that can actually build on it.

Suominen Corporation’s stock exchange release on June 5, 2026, at 12:00 p.m. (EEST)

Acquisition adds electric scooters to Uklon’s platform, supporting a multimodal mobility ecosystem across ride-hailing, delivery, travel and autonomous mobility