Expanse (GMGI) Completes 5th U.S. Sweepstakes Integration
Las Vegas, Nevada--(Newsfile Corp. - February 28, 2025) - Expanse Studios, part of Golden Matrix Group Inc. (NASDAQ: GMGI), has officially launched its gaming on the fifth U.S. sweepstakes casino, further strengthening its position in the expanding U.S. social casino market. To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: Expanse Studios completes its 5th U.S. sweepstakes casino integration, further strengthening its market position...
2025-02-28 8:35 AM EST
Stonegate Capital Partners Updates Coverage on Valens Semiconductor Ltd. (VLN) Q4 2024
Dallas, Texas--(Newsfile Corp. - February 27, 2025) - Valens Semiconductor Ltd.(NYSE: VLN): Stonegate Capital Partners updates their coverage on Valens Semiconductor Ltd. (NYSE: VLN). In FY24, Valens Semiconductor faced significant headwinds, mirroring the broader struggles of the semiconductor industry amid market slowdowns and inventory corrections. Despite these challenges, the Company remained focused on long-term growth, laying the groundwork for what it expects to be a rebound in 2025....
2025-02-27 4:48 PM EST
Amid Sale for $1.34B, Herbert G. Chambers and The Herb Chambers Companies Still Face Class Action Lawsuits for Their Alleged Failures to Properly Pay Their Employees
Boston, Massachusetts--(Newsfile Corp. - February 27, 2025) - Local business icon, Herbert G. Chambers, fresh on the heels of announcing the sale of The Herb Chambers Companies and nearly all of its dealerships in New England for a whopping $1.34B last week, continues to be embroiled in class action lawsuits defending against allegations that Mr. Chambers and The Herb Chambers Companies failed to pay hundreds of their employees who worked at any of The Herb Chambers Companies' dealerships in...
2025-02-27 3:41 PM EST
Stonegate Capital Partners Updates Coverage on Electro Optics Systems Holdings Ltd (EOS) 4Q 2024
Dallas, Texas--(Newsfile Corp. - February 26, 2025) - Electro Optics Systems Holdings Ltd (ASX: EOS): Stonegate Capital Partners updates their coverage on Electro Optics Systems Holdings Ltd (ASX: EOS). In November of 2024 EOS announced the signing of a binding agreement to divest the Company's EM Solutions segment for an enterprise value of $144.0M to Cohort, a UK based company. We note that this transaction triggers the repayment of its current debt facility. Following the closing of this...
2025-02-26 9:25 AM EST
Expanse Studios (GMGI) Completes 4th U.S. Sweepstakes Integration
Las Vegas, Nevada--(Newsfile Corp. - February 25, 2025) - Expanse Studios, part of Golden Matrix Group Inc. (NASDAQ: GMGI), has successfully completed its fourth major integration in the U.S. sweepstakes market, further solidifying its presence across 40+ states. The latest partnership has been facilitated through Casimba Gaming and extended Expanse Studios' third-party distribution strategy, allowing its proprietary slots, crash games, and table games to reach an even broader network of...
2025-02-25 8:47 AM EST
Q.ANT and IMS CHIPS Launch Production of High-Performance AI Chips, Establish Blueprint for Strengthening Chip Sovereignty
Stuttgart, Germany--(Newsfile Corp. - February 25, 2025) - Q.ANT, a pioneer in photonic processing for AI, has launched a dedicated production line for its high-performance photonic AI chips at the Institute of Microelectronics Stuttgart (IMS CHIPS), marking a significant semiconductor manufacturing milestone. By integrating Q.ANT's patented photonic chip technology on the base of Thin-Film Lithium Niobate (TFLN) material and upcycling the existing CMOS production facility at IMS CHIPS, the...
2025-02-25 8:21 AM EST
Stonegate Capital Partners Updates Coverage on Forum Energy Technologies, Inc. (FET) Q4 24
Dallas, Texas--(Newsfile Corp. - February 24, 2025) - Forum Energy Technologies, Inc. (NYSE: FET) Stonegate Capital Partners updates their coverage on Forum Energy Technologies, Inc. (NYSE: FET). FET reported revenue, adj EBITDA, and adj net income of $201.0M, $22.2M, and ($5.9)M, respectively. This compares to our/consensus estimates of $201.9M/$201.9M, $24.1M/$24.1M, and $1.0M/($0.6)M. It is noted that revenues were in-line with our expectations while GPM was slightly below expectations....
2025-02-24 9:57 AM EST
Stonegate Updates Coverage on NZX Limited (NZX) Q4 2024
Dallas, Texas--(Newsfile Corp. - February 24, 2025) - NZX Limited (NZSE: NZX): Stonegate Capital Partners updates their coverage on NZX Limited (NZSE: NZX). NZX reported revenue, adj EBITDA, and adj EPS of $62.9M, $24.7M, and $10.22, respectively. This compares to our estimates of $61.0M, $22.1M, and $7.94. Topline outperformance was due to strong results in all segments. This outperformance was exacerbated by higher GPM than expected in the Wealth Tech segment. To view the full announcement,...
2025-02-24 9:25 AM EST
Stonegate Capital Partners Updates 4Q24 Report on Gladstone Commercial Corp. (GOOD)
Dallas, Texas--(Newsfile Corp. - February 20, 2025) - Gladstone Commercial Corporation.(NASDAQ: GOOD): Stonegate Capital Partners Updates Coverage on Gladstone Commercial Corp. (NASDAQ: GOOD). GOOD reported revenue, FFO per share, and AFFO per share of $37.4M, $0.35, and $0.23, respectively. This compares to our/consensus estimates of $38.6M/$38.0M, $0.34/$0.35, and $0.31/$0.28. Core FFO for the quarter was $0.35 per share, down from $0.38 in 3Q24. This was primarily driven by a settlement...
2025-02-20 9:30 AM EST
Stonegate Updates Coverage on Burcon Nutrascience Corporation (BU) FY25 Q3
Dallas, Texas--(Newsfile Corp. - February 19, 2025) - Burcon Nutrascience Corporation (TSX: BU): Stonegate Capital Partners updates their coverage on Burcon Nutrascience Corporation (TSX: BU). In the third quarter of 2025, Burcon made significant progress in its strategic initiatives. The Company successfully ramped up commercial production of its canola protein isolate, marking a pivotal milestone in its go-to-market strategy. With over 100 prospective customers evaluating its protein...
2025-02-19 4:26 PM EST
Stonegate Updates Coverage on Incannex Healthcare Inc. (IXHL) 2Q 2025
Dallas, Texas--(Newsfile Corp. - February 18, 2025) - Incannex Healthcare Inc. (NASDAQ: IXHL): Stonegate Capital Partners updates their coverage on Incannex Healthcare Inc. (NASDAQ: IXHL). During the second quarter of fiscal year 2025, Incannex Healthcare Inc. reported R&D costs of $1.4M, a decrease from $2.6M in the same period of the previous year. This reduction was primarily due to the completion of the IHL-42X safety and pharmacokinetics clinical trial and the reallocation of resources...
2025-02-18 5:52 PM EST
Stonegate Updates Coverage on EnSilica PLC (ENSI) 1H 2025
Dallas, Texas--(Newsfile Corp. - February 18, 2025) - EnSilica PLC (AIM: ENSI): Stonegate Capital Partners updates their coverage on EnSilica PLC (AIM: ENSI). In 1H25, EnSilica PLC continued to build on its strategic initiatives and market strengths, achieving significant milestones. The Company's strong position and intellectual property in automotive, industrial, healthcare, and satellite connectivity applications for mixed-signal ASICs continue to provide a competitive edge. We believe...
2025-02-18 5:05 PM EST
Expanse (GMGI) Launches Game #55, Adds to U.S. Social Casino-Compatible Offer
Las Vegas, Nevada--(Newsfile Corp. - February 14, 2025) - The U.S. sweepstakes and social casino market is evolving rapidly, and Expanse Studios--part of Golden Matrix Group Inc. (NASDAQ: GMGI)--continues to expand its footprint with its latest release, Candy's Bonanza. To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: Expanse Studios releases its 55th game, reinforcing its position as a leading B2B iGaming content producer and provider...
2025-02-14 11:14 AM EST
VueReal Appoints Robert Selley as Chief Commercial Officer
Waterloo, Ontario--(Newsfile Corp. - February 11, 2025) - VueReal, a pioneer in MicroSolid Printing technology, today announced the executive appointment of Robert Selley as its new Chief Commercial Officer (CCO). With over 25 years of experience in the semiconductor industry, Mr. Selley brings a wealth of knowledge in driving commercial strategies and fostering innovation. In this newly created role, Mr. Selley will oversee all global sales and business development activities and help drive...
2025-02-11 9:47 AM EST
Golden Matrix (GMGI) Ready for Super Bowl LIX with 900+ AI-Powered Lines & Prop Bets
Las Vegas, Valetta--(Newsfile Corp. - February 9, 2025) - The Super Bowl LVIII is just hours away. Meridianbet, part of Golden Matrix Group (NASDAQ: GMGI), is setting new industry standards, rolling out a record-breaking 880+ unique betting options for the biggest sporting event in the U.S. Meridianbet, part of the GMGI, is also bringing innovation to Super Bowl LVIII with its AI Sports Betting Recommender, an advanced feature that personalizes betting experiences by analyzing player...
2025-02-09 5:07 PM EST
Golden Matrix (GMGI) Integrates with Second U.S. Sweepstakes Operator
Las Vegas, Nevada--(Newsfile Corp. - February 7, 2025) - Expanse Studios, part of Golden Matrix Group Inc. (NASDAQ: GMGI), continues to expand its presence in the U.S. sweepstakes market, successfully integrating with its second major U.S. social casino operator. This new integration brings Expanse Studios' portfolio of premium slots, crash games, and table games to players across 40+ states, including key markets such as California, New York, and Florida. The operator, part of one of the...
2025-02-07 2:02 PM EST
Meridianbet (GMGI) Listed on Oracle's Global Tech Reference Page
Las Vegas, Nevada--(Newsfile Corp. - February 7, 2025) - Meridianbet, the sports betting and iGaming division of Golden Matrix Group (NASDAQ: GMGI) has been featured on Oracle's Global Customer Reference Page--a dedicated platform showcasing the most advanced, high-impact projects implemented with Oracle technology, a global leader in enterprise tech powering the world's top businesses. To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways:...
2025-02-07 8:28 AM EST
InFlectis BioScience Announces Promising Results for IFB-088 in a Phase 2a Clinical Study in Bulbar-Onset ALS Patients
Nantes, France--(Newsfile Corp. - February 6, 2025) - InFlectis BioScience SAS, a drug discovery company pioneering development of therapeutics harnessing the Integrated Stress Response (ISR) for a spectrum of neurological diseases, today announced the successful completion of its P288ALS TRIAL study (NCT05508074). This study was designed as a randomized, double-blind, placebo-controlled, parallel-group phase 2a trial comparing its drug candidate IFB-088 (25 mg BID) plus riluzole with placebo...
2025-02-06 7:08 AM EST
Sethera Therapeutics Appoints Biotech Pioneer Dr. Robert Langer to Head and Chair the Scientific Advisory Board and Brigadier General Larry Lunt to Board of Directors
Salt Lake City, Utah--(Newsfile Corp. - February 5, 2025) - Sethera Therapeutics announced the appointment of Dr. Robert Langer, a world-renowned scientist, entrepreneur, and co-founder of Moderna, to Head and Chair its Scientific Advisory Board. The company also welcomed Brigadier General Larry V. Lunt, USAF (Ret.), a distinguished leader with decades of strategic expertise, to its Board of Directors. To view the full announcement, including downloadable images, bios, and more, click here....
2025-02-05 9:08 AM EST
Stonegate Capital Partners Updates Coverage on Alliance Resource Partners, L.P. (ARLP) 2024 Q4
Dallas Texas--(Newsfile Corp. - February 4, 2025) - Alliance Resource Partners, L.P. (NASDAQ: ARLP): Stonegate Capital Partners updates coverage on Alliance Resource Partners, L.P. ARLP reported a challenging 4Q24, impacted by lower coal sales pricing and higher operating expenses. Total revenues for the quarter decreased by 5.6% year-over-year to $590.1M, primarily due to a 2.3% decline in coal sales volumes. Net income for the quarter was down to $16.3M compared to $115.4M in 4Q23,...
2025-02-04 9:43 AM EST