News
Important Only
Repay Holdings Corp reports results for the quarter ended December 31 - Earnings Summary
Repay Holdings Corp RPAY.OQ reported quarterly adjusted earnings of 24 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 27 cents. The mean expectation of eleven analysts for the quarter was for earnings of 25 cents per shar...Reuters
Tue, Mar 4
Ficus Technology Holdings Limited (8107.HK) Entered into A Subscription Agreement to Access up to US$100.0 million for Business Development Purposes
Ficus Technology Holdings Limited (8107.HK) Entered into A Subscription Agreement To Access up to US$100.0 million for Business Development Purposes(Hong Kong – 3 March 2025) Innovative supply chain management service provider – Ficus Technology Holdings Limited (“Ficus Technology” or the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that on 3 March 2025, the Company entered into a subscription agreement (the “Subscription Agreement”) with Arena Business Solutions Global SPC II, Ltd, (the “Investor”), for a commitment amount of up to US$100.0 million. Subscription AgreementAt any time during the Subscription Agreement, the Company may, subject to certain conditions, require the Investor to subscribe for Shares by delivering an Advance Notice. The amount specified in each notice will be determined by the Company and will not exceed the lesser of: i) US$5.0 million, or ii) the amount equal to 40% of the average daily value traded of the Shares on the 10 trading days preceding an Advance Notice. The subscription price will be equal to not less than 80% of the higher of:the closing sale price of the Shares on the date of the Settlement Document; and the average closing sale price of the Shares in the 5 trading days immediately prior to the earlier of:the date of announcement in respect of the Advance; the date of the Settlement Document; and the date on which the subscription price is fixed.Use of ProceedsThe net proceeds from the subscription agreement will be used to:Strengthen the Group’s sales of innovative anti-counterfeit, traceability, and marketing products and related ancillaries, and the provision of supply chain management solutions; Enhance Ficus Discovery, the e-commerce platform operated by the Group by expanding its sales channels, and strengthening its functions including online showcasing, online transactions and product delivery; and Strengthen the Group’s working capital.Commitment Fee SharesIn consideration for the Investor’s execution and delivery of the Subscription Agreement, the Company shall issue the Commitment Fee Shares to the Investor, with an aggregate dollar value equal to US$2.0 million under a specific mandate by way of an ordinary resolution. The resolution will be proposed for passing by the independent shareholders of the Company at the EGM in accordance with the GEM Listing Rule.The Commitment Fee Shares Price of HK$0.60 per Commitment Fee Shares represents:a discount of approximately 1.64% to the closing price of HK$0.61 per Share as quoted on the Stock Exchange on 3 March 2025, being the date of the Subscription Agreement; a premium of approximately 3.09% to the average of the closing price of HK$0.582 per Share as quoted on the Stock Exchange for the last five consecutive trading days immediately prior to the date of the Subscription Agreement; and a premium of approximately 3.81% over the average of the closing price of HK$0.578 per Share as quoted on the Stock Exchange for the last ten consecutive trading days immediately prior to the date of the Subscription Agreement.About the InvestorArena Business Solutions Global SPC II, Ltd., an affiliate of Arena Investors, LP, is a subsidiary of Arena Investor Group Holdings, LLC ("Arena"). Arena is an institutional asset manager founded in partnership with The Westaim Corporation (TSXV: WED). With approximately $3.5 billion of invested and committed assets under management as of December 31, 2024, and a team of over 180 employees in offices globally, Arena provides creative solutions for those seeking capital across all corporate, real estate, and structured finance investment areas, at all levels of the capital structure, and in all developed markets, alongside operational capabilities to manage and improve businesses. The firm brings individuals with decades of experience, a track record of comfort with complexity, the ability to deliver within time constraints, and the flexibility to engage in transactions and business operations that cannot be addressed by banks and other conventional financial institutions. See www.arenaco.com for more information. About Ficus DiscoveryFicus Discovery is a comprehensive electronic commerce platform operated by the Group that offers distinctive properties including anti-counterfeit, traceability and marketing functions, which are able to boost customer confidence and reinforce the authenticity of the products. Along with its valuable connections with a number of lottery kiosks and local community service centres, the platform is well-positioned to be a trustworthy gateway for brands and manufacturers to access target customers.Mr. Chan Ting, Chairman and Executive Director of Ficus Technology Holdings Limited commented: “We are pleased to announce our Subscription Agreement with the Investor, securing up to US$100 million in funding to support our business development. As we receive funding from one of our substantial shareholders through subscription, this not only reflects their ultimate confidence in our management capabilities, but also highlight their shared vision for innovative supply chain management solutions as well as the potentials of Ficus Discovery. In addition, the subscription arrangement also offers significant flexibility, allowing the Company to request advances as needed, rather than drawing down the entire facility at once. By opting to pay the commitment fee in the form of Commitment Fee Shares instead of cash, the Company can also retain its cash for other operational needs or investment opportunities.”“As we secured such substantial funding, we will strive to enhance our anti-counterfeit, traceability, and marketing capabilities across a broader range of products. It also allows us to add new features and increase the adoption of our Ficus Discovery platform. We believe these initiatives will strengthen our role in the supply chain, attract more offline outlets and users to adopt our solutions, and in turn, establish a solid foundation for future financial success.”About Ficus Technology Holdings Limited（8107.HK）Ficus Technology Holdings Limited is an innovative supply chain management service provider, mainly focusing on the sales of apparel and related products along with the provision of relevant supply chain management services. The Group’s advanced supply chain management services include anti-counterfeit, traceability, and marketing functions, capable of protecting brand equity for both apparel andotherproducts. This press release is issued by DLK Advisory Limited on behalf of Ficus Technology Holdings Limited.File: 8107_ELOC_Press_Release_EN_2025030404/03/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Tue, Mar 4
Ficus Technology Holdings Limited (8107.HK) Entered into A Subscription Agreement to Access up to US$100.0 million for Business Development Purposes
Ficus Technology Holdings Limited (8107.HK) Entered into A Subscription Agreement To Access up to US$100.0 million for Business Development Purposes(Hong Kong – 3 March 2025) Innovative supply chain management service provider – Ficus Technology Holdings Limited (“Ficus Technology” or the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that on 3 March 2025, the Company entered into a subscription agreement (the “Subscription Agreement”) with Arena Business Solutions Global SPC II, Ltd, (the “Investor”), for a commitment amount of up to US$100.0 million. Subscription AgreementAt any time during the Subscription Agreement, the Company may, subject to certain conditions, require the Investor to subscribe for Shares by delivering an Advance Notice. The amount specified in each notice will be determined by the Company and will not exceed the lesser of: i) US$5.0 million, or ii) the amount equal to 40% of the average daily value traded of the Shares on the 10 trading days preceding an Advance Notice. The subscription price will be equal to not less than 80% of the higher of:the closing sale price of the Shares on the date of the Settlement Document; and the average closing sale price of the Shares in the 5 trading days immediately prior to the earlier of:the date of announcement in respect of the Advance; the date of the Settlement Document; and the date on which the subscription price is fixed.Use of ProceedsThe net proceeds from the subscription agreement will be used to:Strengthen the Group’s sales of innovative anti-counterfeit, traceability, and marketing products and related ancillaries, and the provision of supply chain management solutions; Enhance Ficus Discovery, the e-commerce platform operated by the Group by expanding its sales channels, and strengthening its functions including online showcasing, online transactions and product delivery; and Strengthen the Group’s working capital.Commitment Fee SharesIn consideration for the Investor’s execution and delivery of the Subscription Agreement, the Company shall issue the Commitment Fee Shares to the Investor, with an aggregate dollar value equal to US$2.0 million under a specific mandate by way of an ordinary resolution. The resolution will be proposed for passing by the independent shareholders of the Company at the EGM in accordance with the GEM Listing Rule.The Commitment Fee Shares Price of HK$0.60 per Commitment Fee Shares represents:a discount of approximately 1.64% to the closing price of HK$0.61 per Share as quoted on the Stock Exchange on 3 March 2025, being the date of the Subscription Agreement; a premium of approximately 3.09% to the average of the closing price of HK$0.582 per Share as quoted on the Stock Exchange for the last five consecutive trading days immediately prior to the date of the Subscription Agreement; and a premium of approximately 3.81% over the average of the closing price of HK$0.578 per Share as quoted on the Stock Exchange for the last ten consecutive trading days immediately prior to the date of the Subscription Agreement.About the InvestorArena Business Solutions Global SPC II, Ltd., an affiliate of Arena Investors, LP, is a subsidiary of Arena Investor Group Holdings, LLC ("Arena"). Arena is an institutional asset manager founded in partnership with The Westaim Corporation (TSXV: WED). With approximately $3.5 billion of invested and committed assets under management as of December 31, 2024, and a team of over 180 employees in offices globally, Arena provides creative solutions for those seeking capital across all corporate, real estate, and structured finance investment areas, at all levels of the capital structure, and in all developed markets, alongside operational capabilities to manage and improve businesses. The firm brings individuals with decades of experience, a track record of comfort with complexity, the ability to deliver within time constraints, and the flexibility to engage in transactions and business operations that cannot be addressed by banks and other conventional financial institutions. See www.arenaco.com for more information. About Ficus DiscoveryFicus Discovery is a comprehensive electronic commerce platform operated by the Group that offers distinctive properties including anti-counterfeit, traceability and marketing functions, which are able to boost customer confidence and reinforce the authenticity of the products. Along with its valuable connections with a number of lottery kiosks and local community service centres, the platform is well-positioned to be a trustworthy gateway for brands and manufacturers to access target customers.Mr. Chan Ting, Chairman and Executive Director of Ficus Technology Holdings Limited commented: “We are pleased to announce our Subscription Agreement with the Investor, securing up to US$100 million in funding to support our business development. As we receive funding from one of our substantial shareholders through subscription, this not only reflects their ultimate confidence in our management capabilities, but also highlight their shared vision for innovative supply chain management solutions as well as the potentials of Ficus Discovery. In addition, the subscription arrangement also offers significant flexibility, allowing the Company to request advances as needed, rather than drawing down the entire facility at once. By opting to pay the commitment fee in the form of Commitment Fee Shares instead of cash, the Company can also retain its cash for other operational needs or investment opportunities.”“As we secured such substantial funding, we will strive to enhance our anti-counterfeit, traceability, and marketing capabilities across a broader range of products. It also allows us to add new features and increase the adoption of our Ficus Discovery platform. We believe these initiatives will strengthen our role in the supply chain, attract more offline outlets and users to adopt our solutions, and in turn, establish a solid foundation for future financial success.”About Ficus Technology Holdings Limited（8107.HK）Ficus Technology Holdings Limited is an innovative supply chain management service provider, mainly focusing on the sales of apparel and related products along with the provision of relevant supply chain management services. The Group’s advanced supply chain management services include anti-counterfeit, traceability, and marketing functions, capable of protecting brand equity for both apparel andotherproducts. This press release is issued by DLK Advisory Limited on behalf of Ficus Technology Holdings Limited.File: 8107_ELOC_Press_Release_EN_2025030404/03/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Tue, Mar 4
Crawford & Co reports results for the quarter ended December 31 - Earnings Summary
Crawford & Co CRDa.N reported quarterly adjusted earnings of 19 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 6 cents. The lone analyst forecast for the quarter was for earnings of 23 cents per share. Revenue rose 1...Reuters
Tue, Mar 4
Concentra Group Holdings Parent Inc reports results for the quarter ended December 31 - Earnings Summary
Concentra Group Holdings Parent Inc CON.N reported quarterly adjusted earnings of 17 cents per share for the quarter ended December 31. The mean expectation of eight analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 15 cents to 18 cents pe...Reuters
Tue, Mar 4
James River Group Holdings Ltd reports results for the quarter ended December 31 - Earnings Summary
James River Group Holdings Ltd JRVR.OQ reported a quarterly adjusted loss of 99 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 33 cents. The mean expectation of six analysts for the quarter was for a loss of 45 cents per ...Reuters
Tue, Mar 4
Whitestone REIT reports results for the quarter ended December 31 - Earnings Summary
Whitestone REIT WSR.N reported quarterly adjusted earnings of 33 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of four analysts for the quarter was for earnings of 11 cents per share. Wall ...Reuters
Tue, Mar 4
BUZZ-Aussie lithium stocks drop as US-Ukraine minerals deal not signed, fresh tariff woes
Updates** Shares of Australian lithium miners slump as market doubts minerals deal between the U.S. and Ukraine** Worries around tariffs have gotten renewed attention after latest remarks by U.S. President Donald Trump ** "EV demand is more likely than not to be caught up in any increase in g...Reuters
Tue, Mar 4
TSMC shares open lower following announcement of $100 billion investment in US
TAIPEI, March 4 (Reuters) - TSMC 2330.TW shares opened down 2.25% on Tuesday after the world's largest contract chipmaker said it will invest $100 billion in the United States.Taiwan Semiconductor Manufacturing Co announced the plan as CEO C.C. Wei met with U.S. President Donald Trump at the Whi...Reuters
Tue, Mar 4
Dave Inc reports results for the quarter ended December 31 - Earnings Summary
Dave Inc DAVE.OQ reported quarterly adjusted earnings of $1.16 per share for the quarter ended December 31. The mean expectation of six analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 34 cents to 54 cents per share.Revenue rose 37.8% to ...Reuters
Tue, Mar 4
GigaCloud Technology Inc reports results for the quarter ended December 31 - Earnings Summary
GigaCloud Technology Inc GCT.OQ reported quarterly adjusted earnings of 76 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 94 cents. The mean expectation of three analysts for the quarter was for earnings of 81 cents per s...Reuters
Tue, Mar 4
Okta Inc reports results for the quarter ended January 31 - Earnings Summary
Okta Inc OKTA.OQ reported quarterly adjusted earnings of 78 cents per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 63 cents. The mean expectation of thirty six analysts for the quarter was for earnings of 74 cents per share. Wall...Reuters
Tue, Mar 4
BRC Inc reports results for the quarter ended December 31 - Earnings Summary
BRC Inc BRCC.N reported a quarterly adjusted loss of 3 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of six analysts for the quarter was for a loss of one cent per share. Wall Street expec...Reuters
Tue, Mar 4
Air Transport Services Group Inc reports results for the quarter ended December 31 - Earnings Summary
Air Transport Services Group Inc ATSG.OQ reported quarterly adjusted earnings of 40 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of five analysts for the quarter was for earnings of 28 ce...Reuters
Tue, Mar 4
W&T Offshore Inc reports results for the quarter ended December 31 - Earnings Summary
W&T Offshore Inc WTI.N reported a quarterly adjusted loss of 16 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of two analysts for the quarter was for a loss of 14 cents per...Reuters
Tue, Mar 4
ThredUp Inc reports results for the quarter ended December 31 - Earnings Summary
ThredUp Inc TDUP.OQ reported a quarterly adjusted loss of 19 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of four analysts for the quarter was for a loss of 10 cents per share. Wall Stree...Reuters
Tue, Mar 4
Viant Technology Inc reports results for the quarter ended December 31 - Earnings Summary
Viant Technology Inc DSP.OQ reported quarterly adjusted earnings of 10 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of seven analysts for the quarter was for earnings of 12 cents per share...Reuters
Tue, Mar 4
Tesla chair Robyn Denholm sells $33 million in stock
March 3 (Reuters) - Tesla TSLA.O chair Robyn Denholm has sold about $33.7 million in the electric vehicle maker's stock, a filing with the Securities and Exchange Commission showed on Monday. Denholm, who has been Tesla's board chair since November 2018, sold 112,390 securities in the automa...Reuters
Tue, Mar 4
Ekso Bionics Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
Ekso Bionics Holdings Inc EKSO.OQ reported a quarterly adjusted loss of 14 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -22 cents. The mean expectation of two analysts for the quarter was for a loss of 8 cents per shar...Reuters
Tue, Mar 4
Emergent BioSolutions Inc reports results for the quarter ended December 31 - Earnings Summary
Emergent BioSolutions Inc EBS.N reported quarterly adjusted earnings of 5 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -77 cents. The mean expectation of three analysts for the quarter was for a loss of 49 cents per sh...Reuters
Tue, Mar 4
