Recent Articles from Business Wire

Filament Syfter, the leading AI-enabled data engine purpose-built for private market dealmakers, has raised up to $4.8M in a Series A funding round led by FINTOP Capital. The investment will be used to scale Filament Syfter’s operations as it expands its presence globally in the private equity and investment banking industries. The capital infusion will also accelerate product innovation, enhancing Filament Syfter’s unique proposition for private markets firms.

Star Mountain Fund Management, LLC (“Star Mountain”) is pleased to announce its exit through the Truelink Investment in Channel Factory (“Company”). Truelink Capital is a Los Angeles–based private equity firm focused on Tech-Enabled Services and Industrials sectors. The transaction marks a successful exit for Star Mountain and other shareholders.

Regulatory News:

Allvue Systems, LLC (“Allvue”), a leading alternative investment technology solutions provider, today announced that Symetra Investment Management Company (“SIM”) selected Allvue’s CLO solution to launch its inaugural collateralized loan obligation (CLO) offering. SIM, a registered investment advisor with approximately $79 billion in assets, closed Symetra CLO 2025-1, Ltd., a $408 million CLO transaction, in April.

SentinelOne® (NYSE: S), a global leader in AI-powered security, today announced it has been named Best Security Company at the 2025 SC Awards Europe. This award highlights SentinelOne’s pioneering role in redefining cybersecurity through its autonomous, AI-powered Singularity™ Platform, ensuring unmatched protection for organisations facing complex cyber threats. SentinelOne was also recognised as a finalist in the categories of Best Cloud Security Solution, Best Endpoint Security Solution, and Best Enterprise Security Solution.

NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Morrisons Daily has extended its collaboration with Atleos, providing even more consumers with reliable, secure access to cash through Atleos’ Cashzone Network.

According to new research, ‘Balancing the Books’, from leading payments platform Paysafe (NYSE: PSFE), an overwhelming 96% of U.S. small and medium-sized businesses (SMBs) accepting in-person transactions plan to upgrade their payments technology in the next 12 months. Despite some economic challenges, SMBs remain optimistic and view payment innovation, including e-commerce, as critical to their future growth as well as overcoming cash flow and fraud issues.

United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of May 2025.

UPMC Ireland announced today it will implement MEDITECH Expanse as the foundational EHR of its ‘once in a generation’ digital transformation that will improve patient care, streamline operations, and support future innovation.

The Joy-Con 2 controllers are snapped in place, the bigger, bolder screen is lit up, and Mario and friends are revving their rides for the biggest Mario Kart yet. It’s official: the Nintendo Switch 2 system, the Mario Kart World game and over 20 titles are now available to power up your play.

Toshiba Global Commerce Solutions, a global leader in retail technology, is pleased to announce the expansion of its partnership with Matalan, one of the UK’s leading fashion and homeware value retailers.

Ryan, a leading global tax services and software provider, has announced the acquisition of Inspired Corporate Advisory Limited (Inspired), a tax advisory and compliance services firm specializing in research and development (R&D), capital allowances, and patent box incentives.

Fujirebio, a leading innovator in in-vitro diagnostics, today announced a collaboration with Stanford Medicine (Location: Palo Alto, California, USA) to advance research and innovation in the field of infectious disease testing. This collaboration aims to accelerate the adoption of ultrasensitive immunoassays that incorporate single-molecule counting technology developed by Fujirebio’s Silicon Valley wholly-owned subsidiary, Fluxus, Inc. Greater test sensitivity can better inform treatment decisions in the clinic, as well as accelerate studies towards therapeutics and preventive strategies against infectious disease threats worldwide.

Ant International, a leading global digital payment, and financial technology provider, today unveils its AI strategy with the launch of Alipay+ GenAI Cockpit, an AI-as-a-Service (AIaaS) platform that empowers fintech companies and super apps to build AI-agentic and ultimately AI-native financial services with enhanced efficiency, security, and flexibility.

Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced that Scott Richardson, President and Chief Executive Officer, will participate in a fireside discussion at the Deutsche Bank Global Industrials and Materials Conference on Thursday, June 5, 2025, at 11:50 AM Eastern Time.

Acerand Therapeutics, a clinical-stage biotech company focusing on the discovery and development of innovative small-molecule therapies in oncology, today announced the dosing of the first patient in its first-in-human Phase I clinical trial (NCT06801236) of ACE-232, a novel oral inhibitor of CYP11A1. The trial is being conducted in patients with metastatic castration-resistant prostate cancer (mCRPC).

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced a significant advancement in its FX brand’s B2B sales strategy during its FFAI Stockholders’ Day on May 31. This included a formal signing ceremony with new B2B partners, marking another breakthrough in the Company’s innovative co-creation sales model in collaboration with leading influencer marketing agencies (known as multi-channel network companies, or MCNs). The event spotlighted remarks from FX’s first group of B2B partners, including JC Auto, Skyhorse Auto, New PBB Auto, CreatoRev Agency and Good Deal World.

AM Batteries, a pioneer in dry battery electrode (DBE) technology, opened its state-of-the-art Customer Success Center Monday, enabling the development of next-generation batteries with advanced manufacturing technology. AM Batteries' new facility will play a crucial role in ongoing efforts to secure the U.S. battery manufacturing supply chain. The ribbon-cutting ceremony was attended by U.S. Representative Lori Trahan (D-MA) and Massachusetts’ Interim Secretary of Economic Development Ashley Stolba.

Paul Kazarian, a member of the Board of Directors (the “Board”) of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Company”), today announced that the Supreme Court of Bermuda (the “Bermuda Court”) has extended the interim injunction Order originally issued on May 8, 2025. The Order prohibits ASA and two of its sitting directors, Mary Joan Hoene and William Donovan, from using ASA resources to interfere with the Company’s June 13th Special General Meeting of Shareholders (the “Special Meeting”) and its 2025 Annual General Meeting of Shareholders.

Cathay General Bancorp (the “Company”, Nasdaq: CATY), the holding company for Cathay Bank, announced that its Board of Directors has adopted a new share repurchase program authorizing the Company to repurchase up to $150,000,000 of the Company’s common stock. The previous $125,000,000 share repurchase program announced on May 28, 2024, was completed on February 28, 2025, with the repurchase of 2,905,487 shares at an average cost of $43.02.

Today, SQUARE ENIX announced that an enhanced edition of the genre defining tactical RPG, FINAL FANTASY TACTICS, will make its long-awaited return as FINAL FANTASY TACTICS - The Ivalice Chronicles™, set to launch on Nintendo Switch 2™, Nintendo Switch™, PlayStation®5 (PS5®), PlayStation®4 (PS4®), Xbox Series X|S and PC via Steam® and Steam Deck on September 30, 2025.

ShareVault, the innovation leader in secure document sharing and virtual data rooms, today announced a strategic partnership with the Alliance of Merger & Acquisition Advisors (AM&AA), the premier global organization serving middle-market M&A professionals.

Internationally acclaimed violinist Cho-Liang Lin will showcase his versatility across two distinctive performances this summer, beginning with Tan Dun's Hero Violin Concerto in Qingdao, China on June 21, followed by chamber music concerts at the prestigious Montecito Music Festival in Thousand Oaks, California on July 1-2, 2025.

Digitate, a leading global SaaS provider of AIOps solutions, today announced the launch of its latest release designed to help IT and business leaders materialize their vision of autonomous enterprise and ticketless operations. Built on ignio™ – a powerful Agentic AI platform for IT and business operations, the new release introduces a suite of AI agents capable of handling even the most complex IT and business tasks with speed and precision, supercharging employee productivity and elevating business resiliency to new heights.

Palliser Capital (“Palliser”), one of the largest shareholders of Keisei Electric Railway Co., Ltd. (9009 JT) (“Keisei” or the “Company”) with a shareholding over 4.5%, today published an open letter and detailed presentation criticising Keisei’s superficial D2 Plan and ineffectual Board changes for its Annual General Meeting (“AGM”) scheduled for June 27, 2025.

Belkin, a leading consumer electronics brand for over 40 years, today announced its entry into the gaming accessories space with the launch of a new lineup designed to be compatible with the highly anticipated Nintendo Switch 2. Built on decades of experience in power, connectivity and device protection, and released under Belkin’s innovation-focused Future Ventures category, this marks the company’s first collection of products tailored specifically for the gaming community.

Biocytogen Pharmaceuticals (Beijing) Co., Ltd. (“Biocytogen”, HKEX: 02315) and Nanjing Chia Tai Tianqing Pharmaceutical Co., Ltd. (“NJCTTQ”) announced that NTB003 (formerly BCG009), a co-developed injectable drug candidate, has received the Investigational New Drug (IND) approval from the National Medical Products Administration (NMPA). The approved indication is Thyroid Eye Disease (TED).

Johnson Fistel, PLLP, a shareholder rights law firm, announces it is investigating potential breaches of fiduciary duties by certain directors and officers of Masimo Corporation (NASDAQ: MASI) in relation to their obligations to the company's shareholders.

Shares of Abacus Global Management, Inc. (“Abacus”) fell over 30% in intraday trading on Wednesday, June 4, 2025, after Morpheus Research published an article alleging that the financial services company is a “life settlements accounting scheme manufacturing fake revenue by systematically underestimating when people will die.” Gibbs Mura is investigating a potential Abacus Global Management, Inc. (NASDAQ: ABL) Securities Class Action Lawsuit on behalf of shareholders who lost money in Abacus.

KBRA releases its non-qualified mortgage (NQM) RMBS default study, analyzing over 475,000 loans representing $216.7 billion in original balance from nearly 600 NQM transactions issued between 2015 and April 2025. This report examines performance dynamics across more than 15 key loan attributes—including vintage, CLTV, credit score, documentation type, DSCR underwriting, occupancy, loan purpose, product type, and borrower reserves—and identifies how layered risk factors impact credit outcomes.

The Generation Essentials Group (“TGE”), an entity jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), and Black Spade Acquisition II Co (NASDAQ: BSII) (“Black Spade II”) are pleased to confirm the completion of their previously announced business combination (the “Business Combination”). The listed company following the Business Combination is TGE, and its Class A ordinary shares and warrants will commence trading on the New York Stock Exchange and NYSE American under the ticker symbols “TGE” and “TGE WS”, respectively, on June 5, 2025.

Rowland.ai, the industry’s first AI-powered assistant purpose-built for land professionals, is proud to join the American Association of Professional Landmen’s Affinity Vendor Group to enable an exciting new benefit for its members. This affiliation marks a significant milestone in the evolution of AI tools for the energy and land industries, offering professionals a trusted, field-tested solution that enhances productivity without compromising expertise or compliance.

“Steel Stories” by U. S. Steel shifts gears with a dynamic new episode featuring renowned automotive analyst and trend expert Rebecca Lindland, Managing Director, Automotive at Stagwell. With decades of experience tracking the evolution of the auto industry, Lindland joins host David Kirkpatrick for a fast-paced conversation on the technologies transforming today’s vehicles — and the role American steel continues to play in driving safety, efficiency, and innovation.

Circle Internet Group, Inc., a global financial technology company and stablecoin market leader, today announced the pricing of its upsized initial public offering of 34,000,000 shares of its Class A common stock at a public offering price of $31.00 per share. Circle is offering 14,800,000 shares of Class A common stock and the selling stockholders are offering 19,200,000 shares of Class A common stock. In connection with the offering, Circle has granted the underwriters a 30-day option to purchase up to an additional 5,100,000 shares of Class A common stock to cover over-allotments. The shares of Class A common stock are expected to begin trading on the New York Stock Exchange on June 5, 2025 under the ticker symbol “CRCL.”

Cheetah Clean Auto Wash, one of the fastest-growing car wash brands in the Kentucky and Tennessee region, is excited to announce that it will be opening its thirteenth (13th) branded location in Nashville, Tennessee. The site is scheduled to open in August of 2025. The company finalized its partnership earlier this month and plans to resurface the lot, add additional vacuum systems and install all new equipment. With this site, Cheetah Clean Auto Wash now owns and operates thirteen (13) car wash facilities – six (6) in Bowling Green, Kentucky, three (3) in the Nashville, Tennessee area, two (2) in Owensboro, Kentucky and one each in Glasgow and Shepherdsville, Kentucky.

Puma Biotechnology, Inc. (NASDAQ: PBYI), a biopharmaceutical company, announced that on June 2, 2025, the Compensation Committee of Puma’s Board of Directors approved the grant of inducement restricted stock unit awards covering 18,250 shares of Puma common stock to three new non-executive employees.

CloudWalk, a global financial technology company behind InfinitePay and JIM.com, has received authorization from the Central Bank of Brazil to operate as a credit institution. Already licensed as a payment institution, CloudWalk now significantly expands its regulatory scope to include credit issuance and investment offerings, reinforcing its strategy to deliver more complete and competitive financial services.

Independent Bank Corp. (NASDAQ: INDB) (“Independent”), parent of Rockland Trust Company (“Rockland Trust”), and Enterprise Bancorp, Inc. (NASDAQ: EBTC) (“Enterprise”), parent of Enterprise Bank and Trust Company (“Enterprise Bank”), jointly announce the following in connection with Independent’s proposed acquisition of Enterprise:

Virtus Total Return Fund Inc. (NYSE: ZTR) today announced the following monthly distributions:

U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on June 4, 2025 declared a quarterly cash dividend of $0.05 per share on its Series N Non-Voting Common Stock (NYSE: UHAL.B). The dividend will be payable June 27, 2025 to holders of record on June 16, 2025.

Canada Goose Holdings Inc. (NYSE:GOOS, TSX:GOOS) announced today that an arbitrator has awarded financial compensation to a former vendor in connection with a previously announced commercial dispute. The case relates to the termination of a contract in 2021, and the award communicated today has resulted in a one-time financial charge of approximately $30 million USD.

Anthem Blue Cross and Blue Shield announced today a new, multi-year provider network agreement with Children’s Healthcare of Atlanta, Georgia’s leading pediatric healthcare provider with three hospitals and multiple neighborhood locations. This partnership will continue to provide access to 2,300 pediatric physicians and allied health practitioners across more than 60 pediatric programs.

Virtus Global Multi-Sector Income Fund (NYSE: VGI) today announced the following monthly distributions:

KBRA assigns preliminary ratings to 60 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2025-6 (SEMT 2025-6), a $484.8 million prime RMBS transaction. The pool is comprised of 405 first-lien, fully amortizing fixed rate mortgages with 15-year and 30-year maturity terms. The collateral is characterized by a weighted average (WA) original credit score of 779 and moderate borrower equity, with a WA original LTV of 70.3% and WA original CLTV of 70.4%.

Sandisk Corporation (Nasdaq: SNDK) (the “Company” or “Sandisk”) announced today the launch of a secondary public offering (the “Offering”) of 17,000,000 shares of its common stock (the “SNDK Shares”) currently owned by Western Digital Corporation, the Company’s former parent (“WDC”). Sandisk is not selling any shares of common stock and will not receive any proceeds from the sale of the SNDK Shares in the Offering or from the debt-for-equity exchange (described below).

June 4, 2025-- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”) today announced that it plans to release its third quarter fiscal 2025 results after the market closes on Monday, June 9, 2025.

American Eagle Outfitters, Inc. (NYSE: AEO) announced a quarterly cash dividend of $0.125 per share. The dividend was declared on June 4, 2025 and is payable on July 25, 2025 to stockholders of record at the close of business on July 11, 2025.

Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) today announced the following distributions on their respective common shares:

Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) today announced the following monthly distributions:

Orca Bio, a late-stage biotechnology company committed to transforming the lives of patients through high-precision cell therapy, today announced the appointment of senior leaders to support the company as it advances its lead investigational allogeneic T-cell immunotherapy, Orca-T®, toward potential commercial launch.

The Summer 2025 edition of Carnegie Reporter magazine examines what is driving division in our society and how individuals and communities are finding ways to come together to reduce political polarization.

UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the “ETNs”).

The Pioneer closed-end funds listed below today announced the declaration of dividends for June 2025.

EPIC Insurance Brokers & Consultants (“EPIC”) is proud to announce the appointment of Chris Keith as President, Mid-Atlantic Region, further strengthening EPIC’s national market presence and commitment to regional leadership excellence.

Rivian Automotive, Inc. (Nasdaq: RIVN) (“Rivian”) today announced that Rivian Holdings, LLC (the “Company”), Rivian, LLC (“Rivian LLC”) and Rivian Automotive, LLC (“Rivian Automotive” and, together with the Company and Rivian LLC, the “Co-Issuers”) priced their private offering of $1,250,000,000 aggregate principal amount of 10.000% senior secured green notes due 2031 (the “notes”). Rivian expects to use the net proceeds from the offering of the notes, together with cash on hand, to redeem in full the $1,250,000,000 aggregate principal amount of the Co-Issuers’ outstanding floating rate senior secured notes due 2026 (the “2026 Notes”) and pay related fees and expenses. This press release does not constitute a notice of redemption with respect to the 2026 Notes.

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) today announced the following monthly distributions:

The Board of Directors of Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared the following dividend:

Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, will hold its 2025 Annual Meeting of Shareholders in a virtual-only format beginning at 10:00 A.M. Eastern Time on Wednesday, June 18, 2025.

PVH Corp. [NYSE: PVH] today reported its 2025 first quarter results and updated its 2025 outlook.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) today announced the following monthly distributions:

EnerSys (NYSE: ENS), a global leader in stored energy solutions for industrial applications, announced today that Executive Vice President and Chief Financial Officer, Andrea Funk, is scheduled to present on Wednesday, June 11th, at the 2025 Wells Fargo Industrials & Materials Conference, being held in Chicago, Illinois. The fireside chat will begin at 2:15 pm CT. A live audio webcast and archived replay will be available to the public via this link.

The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) declared the second quarter 2025 common stock cash dividend of $0.70 per common share. This dividend is payable July 31, 2025, to common shareholders of record on June 30, 2025. The ex-dividend date is June 30, 2025.

Trane Technologies (NYSE:TT), a global climate innovator, has been recognized as one of the most community-minded companies in the United States by being included on The Civic 50. For over a decade, this prestigious list, curated by Points of Light, has set the standard for corporate citizenship, highlighting how top companies integrate social impact and community engagement into the core of their business operations.

Equitable Holdings, Inc. (the “Company”) (NYSE: EQH), the leading financial services holding company of Equitable, AllianceBernstein and Equitable Advisors, announced today that Robin Raju, Chief Financial Officer of Equitable Holdings, will participate in a fireside chat at the 2025 Morgan Stanley US Financials Conference on Wednesday, June 11, 2025 at 11:25 a.m. ET.

KBRA releases research on the increase in CMBS 2.0 office issuance and recent trends in newly originated conduit office loans. Office properties have typically collateralized about one-quarter of all commercial mortgage-backed securities (CMBS) 2.0 loans, by balance, across both conduits and single-asset single borrower (SASB) deals from 2012 to 2019. The pandemic disrupted that trajectory, initially driving office exposure to one-third of all deals in 2020 when retail and lodging fell out of favor, then declining to single-digit exposure in 2024 as remote working arrangements became more mainstream. The current year, however, began on a positive note for CMBS 2.0 office issuance, with Q1 2025 topping $10 billion, over 6x higher than Q1 2024. At 28.3% exposure, office is now matching more historical norms.

UiPath, Inc. (NYSE: PATH), a global leader in agentic automation, today announced that it will host a live webinar to showcase its agentic automation capabilities.

Postal Center International® (PCI), a leading provider of mail, print, and creative marketing solutions, proudly announces it has achieved ISO 9001 Certification from the highly respected Performance Review Institute. This prestigious certification underscores PCI’s commitment to maintaining the highest quality management standards and operational excellence across its national network.

ChargePoint Holdings, Inc. (NYSE:CHPT) (“ChargePoint”), a leading provider of networked solutions for charging electric vehicles (EVs), today reported results for its first quarter of fiscal year 2026 ended April 30, 2025.

Today Domo (Nasdaq: DOMO) announced that management will present at the D.A. Davidson Technology Summit on Wednesday, June 11, 2025, at 11:20am CT.

Renatus Tactical Acquisition Corp I (Nasdaq: RTACU) (the “Company”) today announced that, commencing on June 9, 2025, holders of the units (the “Units”) sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares (the “Ordinary Shares”) and warrants (the “Warrants”) included in the Units.

Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced that the Board of Directors of the Company has approved an initiative intended to enhance independent Board oversight and feedback to management in conjunction with the Company’s previously announced transition to a pure-play Power business, implementation of management’s 3-3-3 strategy, and launch of new-generation Power discrete products. The 3-3-3 strategy aims for Magnachip to achieve $300 million in annual revenue and a 30% gross margin over a three-year horizon to align Magnachip’s product roadmap, R&D investments, and operational priorities to drive structural improvements and sustainable profitability.

Verint® (Nasdaq: VRNT), The CX Automation Company™, today announced results for the three months ended April 30, 2025 (FYE 2026).

FIGS, Inc. (NYSE: FIGS), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today announced that Trina Spear, Chief Executive Officer and Co-Founder, and Sarah Oughtred, Chief Financial Officer, are scheduled to participate in a fireside chat at the Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference on Tuesday, June 10, 2025, at 11:15 a.m. ET.

Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its first quarter of fiscal year 2026 ended April 30, 2025. The Company will host an investor conference call today, June 4, 2025, at 5:00 p.m. ET.

Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, revealed workplace data around U.S. employees’ summer time-off habits. According to Paycom, nearly one-quarter of employees do not officially submit their vacation requests until the day of their trip, or weeks after the fact.