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Tag: statements

Oriental Rise Receives Nasdaq Notification Regarding Minimum Bid-Price Requirement

Ningde, Fujian, China, July 07, 2025 (GLOBE NEWSWIRE) -- Oriental Rise Holdings Limited (Nasdaq: ORIS) (“Oriental Rise” or the “Company”), an integrated supplier of white- and black-tea products in mainland China, today announced that on June 30, 2025 it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum bid-price requirement set forth in Nasdaq Listing Rule 5550(a)(2).

The notification resulted from the fact that the closing bid price of the Company’s ordinary shares was below US $1.00 per share for 30 consecutive business days, from May 15, 2025 to June 27, 2025. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notice has no immediate effect on the listing of the Company’s ordinary shares, which will continue to trade uninterrupted on Nasdaq under the ticker “ORIS.”

Under Nasdaq Listing Rule 5810(c)(3)(A), Oriental Rise has a 180-calendar-day compliance period, ending on December 29, 2025 (the “Compliance Period”), to regain compliance with the minimum bid-price rule. If at any time during the Compliance Period the closing bid price of the Company’s ordinary shares is at least US $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide written confirmation of compliance and the matter will be closed.

If the Company does not regain compliance within the initial Compliance Period, it may be eligible for an additional 180-calendar-day grace period, provided that it meets all other continued-listing criteria for the Nasdaq Capital Market (except the bid-price requirement) and notifies Nasdaq of its intention to cure the deficiency, which may include implementing a reverse stock split if necessary.

Oriental Rise is actively monitoring the bid price of its ordinary shares and is evaluating all available options to regain compliance with Nasdaq’s requirements. The Company remains committed to delivering value to its shareholders and maintaining its listing on Nasdaq.

Little Pepe Raises $4 Million in Presale and Unveils Layer 2 Blockchain for Meme Coin Ecosystem

DUBAI, United Arab Emirates, July 07, 2025 (GLOBE NEWSWIRE) -- Little Pepe, a new entrant in the crypto space blending meme culture with scalable blockchain infrastructure, today announced it has successfully raised $4 million in its presale and launched a custom EVM-compatible Layer 2 blockchain. The milestone marks a major step forward for the project as it positions itself as a next-generation meme coin ecosystem on Ethereum’s Layer 2 landscape.

Planned Transition of Clenera’s CEO

BOISE, Idaho, July 07, 2025 (GLOBE NEWSWIRE) -- Clenera, the U.S. subsidiary of Enlight Renewable Energy (TASE: ENLT.TA; NASDAQ: ENLT), today announced a planned leadership change.  

Gray Media and Scripps Agree to Swap Television Stations

ATLANTA and CINCINNATI, July 07, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) and The E.W. Scripps Company (NASDAQ: SSP) have entered into agreements to swap television stations across five mid-sized and small markets, resulting in the creation of new duopolies for each group.

PG&E’s 2025 Innovation Pitch Fest Seeks Breakthrough Technologies to Shape the Energy Future

With up to $25 million to allocate this year for solving its toughest challenges, PG&E invites innovators to co-create real-world solutions for a cleaner,...

Gray Media and Scripps Agree to Swap Television Stations

ATLANTA and CINCINNATI, July 7, 2025 /PRNewswire/ -- Gray Media, Inc. (NYSE: GTN) and The E.W. Scripps Company (NASDAQ: SSP) have entered into agreements...

Totoy Corp. Unveils Bold Vision to Redefine Kids’ Entertainment with A.I. and Heartfelt Storytelling

SEOUL, South Korea, July 07, 2025 (GLOBE NEWSWIRE) -- In a media landscape where children's attention is increasingly divided, Totoy Corp. is standing out as a transformative force. Founded in New York, the entertainment company behind the beloved animated series José Totoy is rewriting the rules of children’s content by blending heartwarming storytelling, cutting-edge artificial intelligence, and a deep educational mission into a powerful global brand.

Arclaim Secures $3 Million in Series A Funding to Transform DeFi Staking; Total Value Locked Reaches $150M

WELLINGTON, New Zealand, July 07, 2025 (GLOBE NEWSWIRE) -- Arclaim, a leader in decentralized finance (DeFi) staking, has successfully raised $3 million in a Series A funding round. While the investors remain private, this significant funding reflects growing confidence in Arclaim’s ability to revolutionize the staking ecosystem. With state-of-the-art technology, multi-chain compatibility, and a user-focused design, Arclaim is rapidly emerging as the go-to platform for secure and flexible staking solutions globally.

Ipsen – Half year statement – 2025 06 30

Half-year statement of IPSEN liquidity agreement with NATIXIS ODDO BHF

Deadline Alert: Vestis Corporation (VSTS) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

LOS ANGELES, July 07, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming August 8, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Vestis Corporation (“Vestis” or the “Company”) (NYSE: VSTS) securities between May 2, 2024, to May 6, 2025, inclusive (the “Class Period”).

Krispy Kreme, Inc. (DNUT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

LOS ANGELES, July 7, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Krispy Kreme, Inc....

Smith+Nephew expands market-leading fixation strength of Q-FIX™ All-Suture Anchor portfolio with new knotless option

Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology company, announces the release of its Q-FIX KNOTLESS All-Suture Anchor for soft tissue-to-bone fixation indications across multiple joint spaces including Shoulder, Hip, and Foot & Ankle. 

MaxsMaking Inc. Announces Pricing of Its Initial Public Offering

SHANGHAI, July 7, 2025 /PRNewswire/ -- MaxsMaking Inc. (the "Company" or "MaxsMaking"), a manufacturer of customized consumer goods with a focus on advanced technology...

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