Month: April 2025

Release – Nutriband Inc. Signs Associate Partnership Agreement with Charlotte FC

Posted on by aweinsoff@channelchek.com

Research News and Market Data on NTRB

ORLANDO, Fla., April 04, 2025 (GLOBE NEWSWIRE) — Nutriband Inc. (the “Company”)(NASDAQ:NTRB)(NASDAQ:NTRBW), a developer of transdermal pharmaceutical products, today announced that it has signed an Associate Partnership agreement with Charlotte FC.

The Company intends to use the partnership to build visibility for its brands such as AI Tape which is manufactured locally in the Charlotte area.

“We are very excited to partner with an organization such as Charlotte FC. Manufacturing many of our products locally in the Charlotte region through our Pocono subsidiary makes this relationship special.’’

AI Tape is manufactured in the USA at the Company’s Pocono Pharmaceutical facility in North Carolina.

The Company also intends to use the relationship to promote its platform technology AVERSA and raise awareness for the technology which has the potential to be the World’s first and only abuse deterrent patch platform for managing chronic pain.

About Nutriband Inc.

We are primarily engaged in the development of a portfolio of transdermal pharmaceutical products. Our lead product under development is an abuse deterrent fentanyl patch incorporating our AVERSA™ abuse deterrence technology. AVERSA™ technology can be incorporated into any transdermal patch to prevent the abuse, misuse, diversion, and accidental exposure of drugs with abuse potential.

The Company’s website is www.nutriband.com. Any material contained in or derived from the Company’s websites or any other website is not part of this press release.

Forward-Looking Statements

Certain statements contained in this press release, including, without limitation, statements containing the words ‘’believes,” “anticipates,” “expects” and words of similar import, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve both known and unknown risks and uncertainties. The Company’s actual results may differ materially from those anticipated in its forward-looking statements as a result of a number of factors, including those including the Company’s ability to develop its proposed abuse deterrent fentanyl transdermal system and other proposed products, its ability to obtain patent protection for its abuse technology, its ability to obtain the necessary financing to develop products and conduct the necessary clinical testing, its ability to obtain Federal Food and Drug Administration approval to market any product it may develop in the United States and to obtain any other regulatory approval necessary to market any product in other countries, including countries in Europe, its ability to market any product it may develop, its ability to create, sustain, manage or forecast its growth; its ability to attract and retain key personnel; changes in the Company’s business strategy or development plans; competition; business disruptions; adverse publicity and international, national and local general economic and market conditions and risks generally associated with an undercapitalized developing company, as well as the risks contained under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Form S-1, Form 10-K for the year ended January 31, 2024 and Forms 10-Q, and the Company’s other filings with the Securities and Exchange Commission. Except as required by applicable law, we undertake no obligation to revise or update any forward-looking statements to reflect any event or circumstance that may arise after the date hereof. 

Release – Board Member Robert Griffin to Retire; William Johnson to Become Chairman of the Board

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CVGI

April 4, 2025

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NEW ALBANY, Ohio, April 04, 2025 (GLOBE NEWSWIRE) — Commercial Vehicle Group, Inc. (the “Company” or “CVG”) announced the retirement of Robert C. Griffin, from the Board of Directors of the Company, effective May 15, 2025, without standing for re-election at the 2025 annual meeting of stockholders.

Mr. Griffin has served as a Director since 2005 and is the current Chairman of the Board. Mr. Griffin’s retirement is not as a result of any disagreement with the Company, its management, the Board or any committee of the Board. It is expected that William C. Johnson will serve as the Chairman of the Board following Mr. Griffin’s retirement.

The Chairman of the Nominating, Governance and Sustainability Committee, Michael Nauman, thanked Mr. Griffin for his service and leadership on the Board. “Bob has been an invaluable contributor to the Board since the Company’s earliest days and provided extraordinary leadership to the Board and the Company during his tenure. On behalf of the entire Board of Directors, I want to express my appreciation for Bob’s contributions as we worked together to support the Company’s strategic goals and priorities.”

Mr. Griffin said, “It has been a privilege to serve the shareholders of CVG for 20 years. It has been gratifying to work with the Board and management at CVG and I look forward to following their future success.” He added, ” I wish my fellow directors, and CVG the very best.”

Company Contact
Andy Cheung
Chief Financial Officer
CVG
IR@cvgrp.com

Investor Relations Contact
Ross Collins or Stephen Poe
Alpha IR Group
CVGI@alpha-ir.com

About CVG

At CVG, we deliver real solutions to complex design, engineering and manufacturing problems while creating positive change for our customers, industries and communities we serve. Information about the Company and its products is available on the internet at www.cvgrp.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. For this purpose, any statements contained herein that are not statements of historical fact, including without limitation, certain statements herein regarding industry outlook, the Company’s expectations for future periods with respect to its plans to improve financial results, the future of the Company’s end markets changes in the Class 8 and Class 5-7 North America truck build rates, performance of the global construction and agricultural equipment business, the Company’s prospects in the wire harness and electric vehicle markets, the Company’s initiatives to address customer needs, organic growth, the Company’s strategic plans and plans to focus on certain segments, competition faced by the Company, volatility in and disruption to the global economic environment, including global supply chain constraints, inflation and labor shortages, tariffs and counter-measures, financial covenant compliance, anticipated effects of acquisitions or divestitures, production of new products, plans for capital expenditures and our results of operations or financial position and liquidity, may be deemed to be forward-looking statements. Without limiting the foregoing, the words “believe”, “anticipate”, “plan”, “expect”, “intend”, “will”, “should”, “could”, “would”, “project”, “continue”, “likely”, and similar expressions, as they relate to us, are intended to identify forward-looking statements. The important factors discussed in “Item 1A – Risk Factors” in the Company’s Annual Report on Form 10-K, among others, could cause actual results to differ materially from those indicated by forward-looking statements made herein and presented elsewhere by management from time to time. Such forward-looking statements represent management’s current expectations and are inherently uncertain. Investors are warned that actual results may differ from management’s expectations. Additionally, various economic and competitive factors could cause actual results to differ materially from those discussed in such forward-looking statements, including, but not limited to, factors which are outside our control.

Any forward-looking statement that we make in this press release speaks only as of the date of such statement, and we undertake no obligation to update any forward-looking statement or to publicly announce the results of any revision to any of those statements to reflect future events or developments. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless specifically expressed as such, and should only be viewed as historical data.

Primary Logo

Source: Commercial Vehicle Group, Inc.

Resources Connection (RGP) – Challenges Remain, But Some Positive Signs

Posted on by cpereira@noblefcm.com


Friday, April 04, 2025

Resources Connection, Inc. provides agile consulting services in North America, Europe, and the Asia Pacific. The company offers finance and accounting services, including process transformation and optimization, financial reporting and analysis, technical and operational accounting, merger and acquisition due diligence and integration, audit readiness, preparation and response, implementation of new accounting standards, and remediation support. It also provides information management services, such as program and project management, business and technology integration, data strategy, and business performance management. In addition, the company offers corporate advisory, strategic communications, and restructuring services; and corporate governance, risk, and compliance management services, such as contract and regulatory compliance, enterprise risk management, internal controls management, and operation and information technology (IT) audits. Further, it provides supply chain management services comprising strategy development, procurement and supplier management, logistics and materials management, supply chain planning and forecasting, and unique device identification compliance; and human capital services, including change management, organization development and effectiveness, compensation and incentive plan strategies, and optimization of human resources technology and operations. Additionally, the company offers legal and regulatory supporting services for commercial transactions, global compliance initiatives, law department operations, and law department business strategies and analytics. It also provides policyIQ, a proprietary cloud-based governance, risk, and compliance software application. The company was formerly known as RC Transaction Corp. and changed its name to Resources Connection, Inc. in August 2000. Resources Connection, Inc. was founded in 1996 and is headquartered in Irvine, California.

Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.

Jacob Mutchler, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

3Q25 Results. Results came in-line or better than management’s expectations. Revenue was $129.4 million, modestly short of our $132 million estimate. Gross margin of 35.1% was just above the high end of guidance and our 34.8% estimate. The bottom line was impacted by a $42 million goodwill impairment charge, resulting in an adjusted loss of $0.08/sh for the quarter.

Challenging Environment. The professional services environment remains challenging, especially in the U.S., given the economic uncertainty. However, the Company is seeing positive signs in the International business. Several key performance indicators, including bill rate increases, sizeable pipeline expansion, and the return of $1M+ project pursuits, point to a brighter future.


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This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

FreightCar America (RAIL) – While the Tariff Overhang is Removed, RAIL Shares Remain Undervalued

Posted on by cpereira@noblefcm.com


Friday, April 04, 2025

Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

No direct tariff impact. While the Trump administration recently announced sweeping new tariffs, goods from Mexico and Canada that comply with the United States-Mexico-Canada Agreement (USMCA) trade agreement remain exempt from tariffs, except for automobile exports and steel and aluminum, which fall under separate tariffs. FreightCar America sources most of its raw materials, including aluminum, from the United States.

Return to business as usual. FreightCar America, along with customers in its addressable markets, have greater certainty regarding tariff policies, which could promote a return to business as usual for those that might have previously deferred orders due to uncertainty. While the Trump administration’s trade policies could have implications for U.S. and global economic growth, we believe the tariffs are negotiable. Importantly, because RAIL continues to increase its market share serving an industry that is in a replacement cycle, we do not anticipate a change in RAIL’s near-term sales trajectory despite the potential for slower economic growth.


Get the Full Report

Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Russell 2000 Enters Bear Market as Tariffs and Economic Fears Weigh on Small Caps

Posted on by slightbourne@noblecapitalmarkets.com
Key Points:
– The Russell 2000 has officially entered a bear market, dropping over 20% from its record high.
– New tariffs and economic uncertainty have triggered a sell-off in small-cap stocks.
– The Federal Reserve’s interest rate decisions and economic conditions will be crucial for potential recovery.

The Russell 2000, a key benchmark for small-cap stocks, officially entered bear market territory on Thursday, marking a significant downturn in U.S. equities. The index has plummeted over 20% from its record high in late November 2024, making it the first major U.S. stock measure to reach this threshold. The sell-off was fueled by ongoing economic uncertainty, aggressive new tariffs introduced by the Trump administration, and rising concerns over an economic slowdown.

Following President Donald Trump’s latest tariff announcement, financial markets were hit with fresh waves of volatility. The sweeping trade measures, which raised tariffs on key trading partners, have rattled investors, particularly in small-cap stocks that rely more heavily on domestic revenues and supply chains. The Russell 2000 fell nearly 6% on Thursday alone, accelerating its decline into bear market territory.

Historically, small-cap stocks have been seen as beneficiaries of pro-business policies, including deregulation and tax cuts. However, the new tariffs have increased uncertainty, particularly for companies that depend on imported goods and materials. This has led to a sharp drop in stock values, with retail and manufacturing firms taking the brunt of the sell-off.

Another factor contributing to the downturn is the growing concern over a slowing economy. Analysts warn that higher tariffs could dampen consumer spending and business investment, leading to weaker earnings growth across multiple sectors. Small-cap companies, which typically have higher debt levels and less financial flexibility than large-cap counterparts, are particularly vulnerable in times of economic stress.

The Federal Reserve’s interest rate policy is also playing a role. Traders are anticipating potential rate cuts later in the year, with speculation that the Fed could step in if economic conditions worsen. Lower interest rates could provide some relief to small businesses, making borrowing costs more manageable, but the overall market sentiment remains bearish in the near term.

While small caps have suffered sharp losses, some analysts believe a turnaround could be on the horizon. Historically, small-cap stocks tend to outperform when economic conditions stabilize and interest rates decline. If the Federal Reserve implements rate cuts and trade tensions ease, investors may find new opportunities in the Russell 2000.

For now, however, volatility remains high, and concerns over tariffs, economic growth, and corporate earnings continue to weigh on investor sentiment. The broader market, including the S&P 500 and Nasdaq Composite, has also faced steep declines, though neither index has yet reached bear market territory.

As traders look ahead, the next few months will be critical in determining whether small-cap stocks can recover or if further losses are on the horizon. The direction of trade policy, Federal Reserve decisions, and economic data will play key roles in shaping market performance through the rest of 2025.

Tariff Turmoil Puts a Freeze on Global M&A Dealmaking

Posted on by slightbourne@noblecapitalmarkets.com
Key Points:
– Trump’s new tariffs and China’s retaliation have frozen global M&A and IPO activity.
– Market volatility and uncertainty are derailing valuations and financing.
– Deal volumes are down sharply, and recession risks are rising.

Global mergers and acquisitions, as well as IPO activity, are rapidly cooling off amid escalating trade tensions triggered by U.S. President Donald Trump’s new wave of tariffs. The sudden imposition of levies ranging from 10% to 50% has sent shockwaves through global markets, sparking sell-offs and forcing companies to delay or abandon major financial transactions.

The tariffs, announced midweek, were met with swift retaliation from China, which introduced its own export controls and new duties on U.S. imports. The tit-for-tat measures have introduced deep uncertainty into the financial landscape, making it significantly harder for firms to plan or complete deals.

Several high-profile transactions are already on hold. Swedish fintech giant Klarna pulled its anticipated IPO, and San Francisco-based Chime is delaying its own offering. StubHub had been poised to launch an investor roadshow next week but paused those efforts amid rising volatility. Israeli fintech eToro also postponed presentations to investors, choosing to wait until the dust settles.

Behind the scenes, dealmakers are expressing growing concern over valuations, financing costs, and overall market stability. One London-based private equity firm backed out of acquiring a European mid-cap tech company at the last moment, citing the unpredictable macroeconomic environment.

The broader consequences are significant. When capital markets freeze, companies lose access to funding for growth, innovation, and expansion. A prolonged slump in M&A and IPO activity can feed into slower economic performance, especially if firms continue to retreat into risk-averse positions.

Even before this latest escalation, U.S. M&A activity had already been declining. Dealogic data shows a 13% drop in deal volume during Q1 2025 compared to the same period last year. While the tariffs themselves are a concern, it’s the uncertainty surrounding them—how long they’ll last, what further retaliations might follow, and how global partners will respond—that’s stalling boardroom confidence.

The equity markets have echoed that uncertainty. Major U.S. indices marked their worst losses since 2020 last week. JPMorgan has raised its estimate for a 2025 recession to 60%, warning that the combination of trade barriers and tighter monetary conditions could further strain business investment.

For companies considering going public, volatility is the dealbreaker. Pricing shares becomes nearly impossible when markets are swinging wildly, and potential investors are in defensive mode. That’s led several firms to adopt a “wait and see” approach, hoping that stability returns after the initial shock.

The next few weeks will be critical. If trade tensions escalate further, it may cement a prolonged freeze on dealmaking. But if policymakers signal clarity or retreat from aggressive postures, there’s a chance that M&A pipelines and IPO activity could recover by mid-year.

Until then, corporate America and global financial centers alike are bracing for more disruption.

Release – SKYX Announces U.S. Manufacturing Partnership with Prominent Electronic Manufacturer Profab Electronics

Posted on by aweinsoff@channelchek.com

Research News and Market Data on SKYX

Profab Electronics is a High-Quality Manufacturer with Mass Production Capabilities and a 60,000 SQF Manufacturing Facility in Florida

April 03, 2025 10:02 ET

MIAMI, April 03, 2025 (GLOBE NEWSWIRE) — SKYX (NASDAQ: SKYX) (d/b/a “SKYX Technologies”), a highly disruptive advanced and smart home platform technology company for homes and buildings, with more than 97 issued and pending patents globally and a portfolio of over 60 lighting and home décor websites, today announces a strategic manufacturing partnership with Profab Electronics, a premier electronic contract manufacturer based in Pompano Beach, Florida. This collaboration marks a significant step forward in SKYX’s commitment to building a resilient, efficient, and localized supply chain for its innovative product lines.

Profab Electronics specializes in full-service of high-quality electronic contract manufacturing, offering capabilities that span new product introduction (NPI), production assembly, robotic inventory management, and integrated supply chain services. With over four decades of experience and a focus on advanced automation, Profab provides high-quality, scalable manufacturing solutions for some of the most demanding sectors.

This U.S. manufacturing expansion reinforces SKYX’s dedication to operational excellence, customer satisfaction, and sustainable business practices.

Rani Kohen, Founder and Executive Chairman of SKYX Platforms Corp., said: “Our partnership with Profab Electronics, a prominent U.S. electronic manufacturer, is significant for SKYX, establishing U.S.-based production capabilities and ensuring greater control over our manufacturing processes and the ability to maintain the high standards of quality and safety our customers expect. We are proud to support American manufacturing and invest in building strong domestic operations.”

SKYX Announces U.S. Manufacturing Partnership with Prominent Electronic Manufacturer Profab Electronics

About SKYX Platforms Corp.

As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced-safe-smart platform technologies, with over 97 U.S. and global patents and patent pending applications. Additionally, the Company owns over 60 lighting and home decor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com/ or follow us on LinkedIn.

Forward-Looking Statements

Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company’s efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company’s ability to capture market share; the Company’s estimates of its potential addressable market and demand for its products and technologies; the Company’s ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company’s ability to continue as a going concern; the Company’s ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company’s products will become National Electrical Code (NEC)-code or otherwise code mandatory in any jurisdiction, or that any of the Company’s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company’s ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company’s actual operating results; the potential impact of unstable market and economic conditions on the Company’s business, financial condition, and stock price; and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws. 

Investor Relations Contact:
Jeff Ramson
PCG Advisory
jramson@pcgadvisory.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5cf28a8a-c24a-43e1-9130-f1d7295528c0

Release – Hemisphere Energy Declares Special Dividend

Posted on by aweinsoff@channelchek.com

Research News and Market Data on HMENF

April 03, 2025 8:00 AM EDT

Vancouver, British Columbia–(Newsfile Corp. – April 3, 2025) – Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) (“Hemisphere” or the “Company”) is pleased to announce that its board of directors has approved the declaration of a special dividend to shareholders.

Special Dividend

Given the strong financial position and performance outlook of the Company, Hemisphere’s board of directors has approved the declaration of a special dividend of C$0.03 per common share, in accordance with its dividend policy. The special dividend will be paid on April 28, 2025, to shareholders of record on April 17, 2025, and is designated as an eligible dividend for Canadian income tax purposes. It is in addition to the Company’s quarterly base dividend of C$0.025 per common share.

About Hemisphere Energy Corporation

Hemisphere is a dividend-paying Canadian oil company focused on maximizing value-per-share growth with the sustainable development of its high netback, ultra-low decline conventional heavy oil assets through polymer flood EOR methods. Hemisphere trades on the TSX Venture Exchange as a Tier 1 issuer under the symbol “HME” and on the OTCQX Venture Marketplace under the symbol “HMENF”.

For further information, please visit the Company’s website at www.hemisphereenergy.ca to view its corporate presentation, or contact:

Don Simmons, President & Chief Executive Officer
Telephone: (604) 685-9255
Email: info@hemisphereenergy.ca

Website: www.hemisphereenergy.ca

Forward-looking Statements

Certain statements included in this news release constitute forward-looking statements or forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. Forward-looking statements are typically identified by words such as “anticipate”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “could”, “plan”, “intend”, “should”, “believe”, “outlook”, “potential”, “target” and similar words suggesting future events or future performance. In particular, but without limiting the generality of the foregoing, this news release includes forward-looking statements including that a special dividend will be paid to shareholders on April 28, 2025, to shareholders of record on April 17, 2025.

Forward‐looking statements are based on a number of material factors, expectations or assumptions of Hemisphere which have been used to develop such statements and information, but which may prove to be incorrect. Although Hemisphere believes that the expectations reflected in such forward‐looking statements or information are reasonable, undue reliance should not be placed on forward‐looking statements because Hemisphere can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified herein, assumptions have been made regarding, among other things: the timing for payment of the special dividend; the general continuance of current industry conditions; the timely receipt of any required regulatory approvals; the ability of Hemisphere to obtain qualified staff, equipment and services in a timely and cost efficient manner; drilling results; the ability of the operator of the projects in which Hemisphere has an interest in to operate the field in a safe, efficient and effective manner; the ability of Hemisphere to obtain financing on acceptable terms; field production rates and decline rates; the ability to replace and expand oil and natural gas reserves through acquisition, development and exploration; the timing and cost of pipeline, storage and facility construction and expansion and the ability of Hemisphere to secure adequate product transportation; future commodity prices; currency, exchange and interest rates; regulatory framework regarding royalties, taxes and environmental matters in the jurisdictions in which Hemisphere operates; and the ability of Hemisphere to successfully market its oil and natural gas products.

The forward‐looking statements included in this news release are not guarantees of future performance and should not be unduly relied upon. Such information and statements, including the assumptions made in respect thereof, involve known and unknown risks, uncertainties and other factors that may cause actual results or events to defer materially from those anticipated in such forward‐looking statements including, without limitation: changes in project timelines and workstreams; changes in commodity prices; changes in the demand for or supply of Hemisphere’s products, the early stage of development of some of the evaluated areas and zones; unanticipated operating results or production declines; changes in tax or environmental laws, royalty rates or other regulatory matters; changes in development plans of Hemisphere or by third party operators of Hemisphere’s properties, increased debt levels or debt service requirements; inaccurate estimation of Hemisphere’s oil and gas reserve volumes; limited, unfavourable or a lack of access to capital markets; increased costs; a lack of adequate insurance coverage; the impact of competitors; and certain other risks detailed from time‐to‐time in Hemisphere’s public disclosure documents, (including, without limitation, those risks identified in this news release and in Hemisphere’s Annual Information Form).

The forward‐looking statements contained in this news release speak only as of the date of this news release, and Hemisphere does not assume any obligation to publicly update or revise any of the included forward‐looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

info

SOURCE: Hemisphere Energy Corporation

Release – V2X Announces Successful Repricing and Extension of Term Loan and Revolver

Posted on by aweinsoff@channelchek.com
V2X (PRNewsfoto/V2X, Inc.)

Research News and Market Data on VVX

April 03, 2025

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RESTON, Va., April 3, 2025 /PRNewswire/ — V2X, Inc., (NYSE: VVX), announces it has successfully repriced and extended its $238 million Term Loan A and $500 million Revolving Credit Facility (“Revolver”). As of December 31, 2024, there were no outstanding borrowings on the company’s Revolver.

“I’m pleased to announce further enhancements to our capital structure through a successful repricing and extension of our Term Loan A and Revolver,” said Shawn Mural, Senior Vice President and Chief Financial Officer at V2X.

The amendment includes an updated leverage-based pricing grid, offering over 50 basis points of interest savings compared to the prior grid, as well as an extension of the facility by two years to March 2030.

Mr. Mural continued, “This repricing and extension, which was well oversubscribed, builds on our recent Term Loan B repricing and demonstrates the strength and positioning of our business as well as our ongoing commitment to increasing value for shareholders. I’d like to thank our banking partners for their continued support and confidence in our business.” 

Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 (the “Act”): Certain material presented herein includes forward-looking statements intended to qualify for the safe harbor from liability established by the Act. These forward-looking statements include, but are not limited to, all the statements in this release that are not historical, including, without limitation, interest savings, enhancements to our capital structure, and the strength and positioning of our business.

Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “could,” “potential,” “continue,” “can,” “goal,” “long-term,” “drive,” “next,” and variations of such words and or similar expressions and terminology. These statements are based on the beliefs and assumptions of the management of the Company based on information currently available to management.

These forward-looking statements are not guarantees of future performance, conditions, or results, and involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside our management’s control, which could cause actual results to differ materially from the results discussed in the forward-looking statements. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the Company’s historical experience and our present expectations or projections. For a discussion of some of the risks and uncertainties that could cause actual results to differ from such forward-looking statements, see the risks and other factors detailed from time to time in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the SEC.

We do not undertake, and expressly disclaim, any duty or obligation to update any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

About V2X
V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission’s lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today’s toughest challenges across all operational domains.

Investor Contact
Mike Smith, CFA
Vice President, Treasury, Corporate Development and Investor Relations
IR@goV2X.com
719-637-5773

Media Contact
Angelica Spanos Deoudes
Director, Corporate Communications
Angelica.Deoudes@goV2X.com
571-338-5195

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/v2x-announces-successful-repricing-and-extension-of-term-loan-and-revolver-302419079.html

SOURCE V2X, Inc.

Release – MariMed’s Betty’s Eddies Expands Top-Selling Brand With Introduction of THC & CBG-Infused Caramel Chews

Posted on by aweinsoff@channelchek.com

Research News and Market Data on MRMD

April 03, 2025 7:30am EDT

Each Betty’s Caramelt Away Chew Uses Rich, Buttery Caramel, To Create Moments of Mellow

NORWOOD, Mass., April 03, 2025 (GLOBE NEWSWIRE) — Betty’s Eddies™, the all-natural cannabis chews handcrafted to fit a variety of needs, is expanding its lineup with the introduction of delicious caramel chews: Betty’s Caramelt Away. Betty’s Eddies is one of the top-selling and award-winning brands developed and distributed by leading multi-state cannabis operator, MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD).

Debuting in time for National Caramel Day on April 5, Betty’s Caramelt Away chews are now available at select cannabis retailers throughout Massachusetts, with plans for expansion into MariMed’s wholesale markets in the future. Each chew wraps customers in warmth with the rich, comforting flavor of classic caramel. They’re infused with a soothing blend of full-spectrum hash and CBG that lets consumers sink into sweet, cozy melty moments of mellow.

“Betty’s Eddies and caramel is the perfect pairing of two fan favorites,” said Sara Rosenfield, Brand Director at MariMed for Betty’s Eddies. Betty’s Eddies is the most popular edible brand in several of our core markets: Massachusetts, Maryland, and Delaware. Caramel consistently ranks among the most popular ingredients in candy and other sweet treats. Cannabis consumers will love the full-flavor, full-spectrum experience that the brand is known for with the creamy deliciousness of caramel.”

Betty’s Caramelt Away joins a full slate of Betty’s Eddies products that feature specific end-effects, including Bedtime Betty’s for restful nights, Take It Easy Eddies for stress relief, Go Betty Go for an energy boost, Ache Away Eddies for pain relief, Smashin’ Passion for sexual wellness, and Betty Good Times for any time.

About Betty’s Eddies
Betty’s Eddies™ all-natural fruit chews are handcrafted with full-spectrum cannabis, supporting cannabinoids, and herbal supplements and vitamins. Designed for whatever life throws at you, varieties include pain relief, immunity, energy, sleep and more. Founded in 2014 by medical cannabis patients on a mission to craft the best tasting and most effective edibles, best-selling Betty’s Eddies encompass the full spectrum of the plant’s benefits, including natural adaptogens, and are handcrafted in small batches with real organic fruits and vegetables. Find Betty’s Eddies in licensed dispensaries in Delaware, Maryland, Massachusetts, and Missouri. Learn more at www.bettyseddies.com. 

About MariMed
MariMed Inc. is a leading multi-state cannabis operator, known for developing and managing state-of-the-art cultivation, production, and retail facilities. Our award-winning portfolio of cannabis brands, including Betty’s Eddies™, Bubby’s Baked™, Vibations™, InHouse™, and Nature’s Heritage™, sets us apart as an industry leader. These trusted brands, crafted with quality and innovation, are recognized and loved by consumers across the country. With a commitment to excellence, MariMed continues to drive growth and set new standards in the cannabis industry. For additional information, visit www.marimedinc.com.

Media Contact:
Zach Galasso
DPA Communications 
Email: zach@dpacommunications.com
Phone: (978) 604-5423

Company Contact:
Howard Schacter
Chief Communications Officer 
Email: hschacter@marimedinc.com
Phone: (781) 277-0007

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Source: MariMed Inc.

Released April 3, 2025

Government Solutions Industry Report: New ICE Emergency Funding?

Posted on by slightbourne@noblecapitalmarkets.com

Thursday, April 3, 2025

Joe Gomes, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.

Refer to the bottom of the report for important disclosures

Emergency Funding. On Tuesday, the Department of Homeland Security submitted on SAM.gov for an emergency detention and related services strategic sourcing vehicle to bring an additional allotment of detention beds online nationwide, in compliance with the President’s Declaration of a National Emergency at the Southern Border of the United States and related Executive Orders. The maximum ceiling value of the vehicle is $45 billion.

Details. Under the RFP, the government anticipates making multiple indefinite delivery/indefinite quantity (IDIQ) contract awards. It appears the contract will have a two-year period of performance, from April 14, 2025, through April 13, 2027.  Responses are due by April 4th. Under the scope of work, the vendor may be required to provide infrastructure, staffing, services, and/or supplies necessary to provide safe and secure confinement for aliens in the administrative custody of ICE. Ground transportation services may also be required.

Current ICE Population. ICE populations have increased significantly under the new Administration. ADP during the month of October was 38,714, which rose to 40,205 for the month of January. ADP for March 1 through March 22nd was 47,304, while the population on that date was 47,892, according to ICE. There has not yet been a significant change in ATD populations.

Implications. Given the timelines involved and the scope of work required, this ID/IQ would seem to favor the abilities of both CoreCivic and GEO, given their history in the sector and the number of idle facilities that can be brought back online. ICE’s budget in 2024 was $9.7 billion, with about $3.3 billion dedicated to Enforcement and Removal Operations, so a new max of $45 billion is a major jump. If these types of funds are put to use in a timely manner, the current financial projections for both CoreCivic and GEO would prove conservative, in our view.

Research reports on companies mentioned in this report are available by clicking below:

CoreCivic (CXW)

The GEO Group (GEO)

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Senior Equity Analyst focusing on Basic Materials & Mining. 20 years of experience in equity research. BA in Business Administration from Westminster College. MBA with a Finance concentration from the University of Missouri. MA in International Affairs from Washington University in St. Louis.
Named WSJ ‘Best on the Street’ Analyst and Forbes/StarMine’s “Best Brokerage Analyst.”
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GDEV Inc. (GDEV) – Marketing Strategy Hits Its Stride

Posted on by cpereira@noblefcm.com


Thursday, April 03, 2025

Michael Kupinski, Director of Research, Equity Research Analyst, Digital, Media & Technology , Noble Capital Markets, Inc.

Jacob Mutchler, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Solid Q4 results.  The company reported Q4 revenue of $97.5 million, modestly lower than our estimate of $101.0 million, but adj. EBITDA of $12.2 million was substantially better than our estimate of a loss of $1.9 million, as illustrated in Figure #1 Q4 Results. The adj. EBITDA beat was largely driven by the company’s efficient use of selling and marketing expenses, which was 25% lower than our estimate.

Key operating metrics. In Q4, the company generated $94 million in bookings and had 292,000 monthly paying users (MPU). Bookings were largely in line with our expectations, while MPUs were modestly lower than we anticipated. Importantly, the decrease in MPU’s moderated from the quarter-over-quarter decrease experienced in Q3, and the company’s strategic marketing efforts appear to be gaining traction.


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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

MariMed Inc. (MRMD) – A Cannabis Brands Company; Initiating Coverage

Posted on by cpereira@noblefcm.com


Thursday, April 03, 2025

Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Initiating Research Coverage. We are initiating research coverage of MariMed, Inc. with an Outperform rating and a $0.25 price target. MariMed is a cannabis brand powerhouse, in our view, with leading market shares in current markets and significant expansion potential both within existing markets and new greenfield markets.

MSO. With operations in six states, MariMed is a vertically integrated seed-to-sale cannabis provider. Following in the footsteps of successful consumer brands companies, MariMed has three market leading brands across its operations. We expect the Company to benefit from the growth of its brands in growing markets as well as the addition of new markets in Ohio, Illinois, and Delaware in 2025. 


Get the Full Report

Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.