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Africa Finance Today: Press Releases

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Press releases published on May 12, 2025

Longevity Health Holdings, Inc. Announces Reverse Stock Split

Longevity Health Holdings, Inc. Announces Reverse Stock Split

PITTSBURGH, May 12, 2025 (GLOBE NEWSWIRE) -- Longevity Health Holdings, Inc. (NASDAQ: XAGE) (“Longevity” or the “Company”), a bio-aesthetics company focused on longevity and healthy aging, today announced that it has resolved to effect a reverse stock …

DeFi Development Corp. Purchases Record 172,670 SOL, Surpasses $100M in Treasury Holdings

DeFi Development Corp. Purchases Record 172,670 SOL, Surpasses $100M in Treasury Holdings

BOCA RATON, FL, May 12, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) announced today the purchase of 172,670 Solana (“SOL”) at an average purchase price of $136.81 and valued at approximately $23.6 million. This marks the …

Annexon Reports First Quarter 2025 Financial Results, Portfolio Progress and Key Anticipated Milestones

Annexon Reports First Quarter 2025 Financial Results, Portfolio Progress and Key Anticipated Milestones

FDA Meeting for Tanruprubart (formerly ANX005), the First Potential Targeted Therapy for GBS, Scheduled for Second Quarter 2025 Ahead of Planned BLA Submission Open-Label Tanruprubart FORWARD Study Designed to Broaden Patient and Healthcare Community …

CervoMed Reports First Quarter 2025 Financial Results and Provides Corporate Updates

CervoMed Reports First Quarter 2025 Financial Results and Provides Corporate Updates

Reported positive 16-week results from the extension phase of the Phase 2b RewinD-LB trial, demonstrating proof-of-concept for neflamapimod as a potential treatment for dementia with Lewy bodies (DLB) Plan to initiate Phase 3 trial of neflamapimod in DLB …

Conifex Announces First Quarter 2025 Results

Conifex Announces First Quarter 2025 Results

VANCOUVER, British Columbia, May 12, 2025 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) today reported results for the first quarter ended March 31, 2025. EBITDA* was $4.9 million for the quarter compared to EBITDA of …

ORYZON Reports Financial Results and Corporate Update for Quarter Ended March 31, 2025

ORYZON Reports Financial Results and Corporate Update for Quarter Ended March 31, 2025

Successful completion of €30 Million capital increase, with strong international demand and oversubscription Awarded non-refundable EU grant of €13.26 Million through the first Important Project of Common European Interest (IPCEI) in the health sector ( …

CHAR Tech Closes C$2M Private Placement with The BMI Group

CHAR Tech Closes C$2M Private Placement with The BMI Group

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, May 12, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or “the Company”) (TSXV:YES) is pleased to announce the successful completion …

ProStar and JAVAD GNSS Announce a Global Partnership to Deliver Precision Mapping Technology to the Utility Industry

ProStar and JAVAD GNSS Announce a Global Partnership to Deliver Precision Mapping Technology to the Utility Industry

GRAND JUNCTION, Colo., May 12, 2025 (GLOBE NEWSWIRE) -- ProStar® Holdings Inc., (“ProStar®” or “the Company”) (TSXV: MAPS, OTCQX: MAPPF, FSE: 5D00), the developer of the PointMan® Precision Mapping Solutions®, and JAVAD GNSS, the manufacturer of patented …

LNG Energy Group Announces Cease Trade Order

LNG Energy Group Announces Cease Trade Order

TORONTO, May 12, 2025 (GLOBE NEWSWIRE) -- LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FWB: E26) (the “Company” or “LNG Energy Group”) announces that, further to the news release dated May 7, 2025, the Ontario Securities Commission ( …

Neinor completes strategic monetization of BTR portfolio, unlocking c.€325mn since 2023

Neinor completes strategic monetization of BTR portfolio, unlocking c.€325mn since 2023

Neinor Homes has sold five rental buildings, totalling 251 housing units for c.€50mn  Since 2023, Neinor Homes has sold a total of 1,334 rental units, for c.€325mn with an attractive gross development margin of 24.8% After this disposal, Neinor has …

HUB Cyber Security Expands Cybersecurity Practice with Strategic Client Wins Across Regulated Sectors

HUB Cyber Security Expands Cybersecurity Practice with Strategic Client Wins Across Regulated Sectors

TEL AVIV, Israel, May 12, 2025 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. (Nasdaq: HUBC) (“HUB” or the “Company”), a developer of confidential computing cybersecurity solutions and services, today announced a series of new customer wins through its …

Imperial Reports First Quarter 2025 Financial Results

Imperial Reports First Quarter 2025 Financial Results

VANCOUVER, British Columbia, May 12, 2025 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three months ended March 31, 2025. QUARTER HIGHLIGHTS “Imperial delivered solid operating and financial …

Inter&Co Inc. Reports Year-Over-Year Net Income Growth of 57%

Inter&Co Inc. Reports Year-Over-Year Net Income Growth of 57%

BELO HORIZONTE, Brazil, May 12, 2025 (GLOBE NEWSWIRE) -- Inter…

Abeona Therapeutics® Enters into Agreement to Sell Priority Review Voucher for $155 Million

Abeona Therapeutics® Enters into Agreement to Sell Priority Review Voucher for $155 Million

CLEVELAND, May 12, 2025 (GLOBE NEWSWIRE) -- Abeona Therapeutics Inc. (Nasdaq: ABEO) today announced it has entered into a definitive asset purchase agreement to sell its Rare Pediatric Disease Priority Review Voucher (PRV) for gross proceeds of $155 …

Bread Financial’s 2024 Sustainability Report showcases focus, investment in sustainable business practices

Bread Financial’s 2024 Sustainability Report showcases focus, investment in sustainable business practices

COLUMBUS, Ohio, May 12, 2025 (GLOBE NEWSWIRE) -- Bread Financial® (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today released its 2024 Sustainability Report, highlighting …

HOT DADS WANTED: Habit Burger & Grill X UFC GYM Launch Bold Search for the Hottest Dads in America for Summer Calendar

HOT DADS WANTED: Habit Burger & Grill X UFC GYM Launch Bold Search for the Hottest Dads in America for Summer Calendar

IRVINE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- The grill is hot. The salads are hotter. And now, so are the dads. Habit Burger …

Surgery Partners, Inc. Announces First Quarter 2025 Results; Reaffirms Full Year 2025 Guidance

Surgery Partners, Inc. Announces First Quarter 2025 Results; Reaffirms Full Year 2025 Guidance

BRENTWOOD, Tenn., May 12, 2025 (GLOBE NEWSWIRE) -- Surgery Partners, Inc. (NASDAQ:SGRY) (“Surgery Partners” or the “Company”), a leading short-stay surgical facility owner and operator, today announced results for the first quarter ended March 31, 2025. …

PyroGenesis Closes $2,385,000 First Tranche in Previously Announced Loan

PyroGenesis Closes $2,385,000 First Tranche in Previously Announced Loan

MONTREAL, May 12, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes advanced all-electric plasma processes …

Gain Therapeutics Presents Preclinical Data at IAPRD 2025 30th World Congress on Parkinson’s Disease and Related Disorders

Gain Therapeutics Presents Preclinical Data at IAPRD 2025 30th World Congress on Parkinson’s Disease and Related Disorders

BETHESDA, Md., May 12, 2025 (GLOBE NEWSWIRE) -- Gain Therapeutics, Inc. (Nasdaq: GANX) (“Gain”, or the “Company”), a clinical-stage biotechnology company leading the discovery and development of the next generation of allosteric small molecule therapies, …

Solo Brands, Inc. Announces First Quarter 2025 Results

Solo Brands, Inc. Announces First Quarter 2025 Results

GRAPEVINE, Texas, May 12, 2025 (GLOBE NEWSWIRE) -- Solo Brands, Inc. (NYSE: DTC; OTC: DTCB)(1) (“Solo Brands” or “the Company”) a leading portfolio of lifestyle brands (Solo Stove, Chubbies, Isle and Oru) that are redefining the outdoor and apparel …

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