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Press Release Database
Recent press releases, indexed by topic.
Finance
(PR-inside.com) NEW YORK, NY / ACCESS Newswire / September 21, 2026 / Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired York Space Systems Inc (NYSE:YSS) securities. If you suffered a loss on your York Space Systems Inc investment and would like to explore a potential recovery under the federal securities laws, Learn about York Space Systems Inc Class Action or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to our team of experienced shareholder advocates. THE LAWSUIT: This lawsuit is on behalf ..
Sep 21 · 07:25·PR-Inside
Finance
Nasdaq Copenhagen Euronext Dublin London Stock Exchange Finanstilsynet Øvrige interessenter
Sep 21 · 07:12·GlobeNewswire
Finance
Nasdaq Copenhagen Euronext Dublin London Stock Exchange Danish Financial Supervisory Authority Other stakeholders
Sep 21 · 07:12·GlobeNewswire
Finance · Real Estate
(PR-inside.com) EB5 United's Cormont at Deer Valley East Village , an I-956F-approved Priority Processing Rural EB-5 project, has achieved its $224.8 million Target EB-5 Raise. Reaching the Target Raise locks the EB-5 loan into the senior position for every participating investor. HILLSBORO, OR / ACCESS Newswire / September 21, 2026 / The offering has not closed. Cormont's Max Raise extends to up to 656 investors, or $524.8 million at $800,000 each, within the same senior-secured structure established at the Target Raise. Each additional $800,000 EB-5 investment reduces the project's required C-PACE (Commercial Property Assessed Clean Energy) financing dollar for dollar. The milestone follows EB5 ..
Sep 21 · 06:00·PR-Inside
Finance
(PR-inside.com) Tempiute Tungsten Project: Positive Drilling Results Drive Accelerated Underground Rehabilitation Decision Broad Tungsten Intersections Include 92.0m @ 0.34% WO3 LONDON, UK / ACCESS Newswire / September 21, 2026 / Guardian Metal Resources plc (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF), a strategic exploration and development company focused on tungsten in Nevada, USA, is pleased to provide an update from its Tempiute tungsten project ("Tempiute" or the "Project"). This update covers results from the Company's now completed Phase I regional exploration drilling, in addition to the initial results from the ongoing Phase II drilling campaign, which is focused on the historically producing South Thumb and Schofield Zones. The Phase I ..
Sep 21 · 06:00·PR-Inside
Finance
EB5 United's Cormont at Deer Valley East Village , an I-956F-approved Priority Processing Rural EB-5 project, has achieved its $224.8 million Target EB-5 Raise. Reaching the Target Raise locks the EB-5 loan into the senior position for every participating investor.
Sep 21 · 06:00·Newswire.com
Finance · Energy
Not for release, publication or distribution, in whole or in part, directly or indirectly in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction
Sep 21 · 06:00·GlobeNewswire
Finance · AI
HONG KONG, Sept 21, 2026 - (ACN Newswire) - Duiba Group Limited (Stock Code: 01753.HK), the Hong Kong-listed operator that has become one of China's fastest-scaling AI short-drama platforms, announced that its controlling shareholder, Xiaoliang Holding Limited, has agreed to transfer 120,682,000 ordinary shares — approximately 11.21% of issued share capital — for nil consideration to Kewei Holding Limited, the Company's employee share award platform.
The transfer, executed on 20 September 2026, is understood to be the largest founder-to-ESOP donation by percentage of share capital in the history of the Hong Kong stock market. It is not a disposal for cash. No shares are being sold into the market; all of them are being placed into a vehicle whose sole economic purpose is to reward and retain employees.
Crucially, the arrangement is being funded entirely from the founder's personal shareholding. It involves no issuance of new shares and therefore no dilution to existing shareholders, and it consumes no company capital — no cash, no treasury reserves, no debt. The 120,682,000 shares are being transferred at nil consideration from the founder's own account to the employee incentive platform, meaning the cost of motivating and retaining the core team is borne by the founder, not by public investors or the Company's balance sheet.
Six months of exponential growth
The transfer comes as Duiba's AI short-drama business enters a phase of compounding growth. On Douyin's native end, cumulative playback from June to August rose 178%. In July and August, Duiba ranked top three across the entire industry for two consecutive months, and was the only leading player to sustain month-on-month growth above 50% in both months.
Seven years, zero founder selling
Duiba listed on the Main Board of The Stock Exchange of Hong Kong on 7 May 2019. According to HKEX disclosure records, Mr. Chen Xiaoliang, the founder and controlling shareholder, voluntarily extended the post-IPO lock-up to three years at the time of listing and, from the IPO through the date of the transfer, has never reduced his personal beneficial shareholding.
The 20 September arrangement is therefore the first change in the founder's ownership structure in the seven years since listing — and its direction is unambiguously inward.
"This is the clearest possible signal that the controlling shareholder is backing the next chapter of the business rather than exiting it," a Company spokesperson said. "The shares go to an ESOP vehicle, not to the market."
After completion, Xiaoliang Holding will remain the controlling shareholder with approximately 31.01%, down from 42.21%. Kewei Holding, which currently holds only 0.17%, will hold approximately 11.38%.
A war chest for AI talent
Kewei Holding has undertaken to introduce new incentive schemes with vesting and lock-up arrangements under the Company's equity incentive management measures. The stated focus is AI businesses, with AI short drama at the centre. Existing and future awards will be subject to service and performance conditions, aligning key employees with long-term shareholder value.
The timing is deliberate. The AI short-drama sector is expanding rapidly, but hits remain scarce: fewer than 0.5% of new AI short dramas on Douyin surpass 100 million views. In that environment, the constraint on growth is not capital — it is the ability to retain writers, algorithm engineers, producers and commercialisation talent capable of turning AI tooling into repeatable hits.
By moving roughly 11% of the Company into a locked-up, performance-vested incentive pool, Duiba is, in effect, converting founder ownership into collective engineering and creative capacity.
The AI bet is already compounding
Duiba was founded in 2014, is headquartered in Hangzhou and listed on HKEX in May 2019. It built its early business on points-and-benefits SaaS and internet advertising, serving more than 16,000 enterprise clients. In late 2025 it moved strategically into AI short drama, building a full-stack pipeline spanning AI scriptwriting, AI production and AI distribution — what the Company describes as the industrialised, scaled monetisation of AI-generated content.
Financials: revenue and gross profit rising in tandem
The Company's 2026 interim results show that the growth is reaching the income statement, not merely the traffic ledger.
For the six months ended 30 June 2026:
Metric
1H2026
Change
Total revenue
RMB 434.7 million
+24.3% YoY
Gross profit
RMB 74.5 million
+30.0% YoY
Gross margin
17.1%
16.4% (1H2025)
Loss attributable to owners
RMB 25.3 million
narrowed
AI short-drama revenue
RMB 222.6 million
51.2% of group revenue
The Group's traditional SaaS and advertising operations contributed nearly RMB 70 million of gross profit in the first half and are expected to continue providing earnings support, while AI short drama has become the dominant revenue driver.
Asset quality also appears intact. The Company reported net assets of RMB 1.175 billion, cash and short-term wealth management products of approximately RMB 400 million, and prepayments of RMB 345 million, largely related to the bank instant-discount business and recyclable into working capital.
Why the transfer matters now
Three things make the move more than a symbolic gesture.
First, it is structurally a gift, not a sale. The nil-consideration transfer means the founder receives no cash. For a controlling shareholder who has not sold a single share in seven years, the decision moves equity from a personal account to a collective one.
Second, it arrives at a moment of operational inflection. Douyin rankings, view-count trajectories and the first-half revenue split all point in the same direction: AI short drama has become the core business, and locking talent into it via vesting and lock-ups addresses the binding constraint on its next phase.
Third, it creates a credible incentive currency. An ESOP pool of roughly 11.38% is large enough to be material for hires and retention, yet structured with vesting and lock-ups that prevent it from becoming a short-term payout.
The road ahead: overseas expansion and the short drama alliance business
Duiba's second-half outlook rests on two tracks: AI short-drama expansion and a stable SaaS and advertising base.
On the global front, the Company is accelerating its overseas push into a market it estimates at US$4 billion in 2026, up 390% year on year, with management expecting overseas operations to begin contributing revenue in the fourth quarter.
Domestically, it is pursuing a strategy of the short drama alliance business,expanding to tens of thousands of app media clients via SDK access. Its distribution footprint extends beyond Toutiao and Hongguo to Tencent, Kuaishou, Baidu and more than 20 mid-tier platforms.
This is not a founder exit. It is a founder-to-employee capital allocation: a seven-year holder converting personal ownership into collective incentive capacity at precisely the moment Duiba's AI short-drama business is compounding on both the view-count and income-statement lines.
Copyright 2026 ACN Newswire. All rights reserved. www.acnnewswire.com
Sep 21 · 05:51·mlpr-acnnewswire
Finance · AI
(PR-inside.com) PHOENIX, AZ / ACCESS Newswire / September 21, 2026 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company supporting over 8 million end-users, and a premier provider of cloud communication platform software and unified communications as a service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced a strategic partnership with Meetric, an AI-powered conversation intelligence platform. Meetric has also joined Crexendo's Ecosystem Vendor Program, expanding the AI-powered services available to Crexendo's more than 250 platform licensees. Meetric extends conversation analytics beyond the phone system to video meetings, team chat, email ..
Sep 21 · 05:50·PR-Inside
Finance
I medfør af kapitalmarkedsloven § 24, oplyser DLR Kredit hermed om ekstraordinære indfrielser pr. fredag den 18. september 2026. Oplysningerne fremgår af vedhæftede fil. Denne meddelelse er offentliggjort med henblik på opfyldelse af transparensdirektivets krav om offentliggørelse. Oplysningerne vil endvidere på sædvanlig måde blive formidlet via Nasdaq Copenhagen. Spørgsmål kan rettes til: Head of Rating & IR Jakob Kongsgaard Olsson tlf. nr. 33 42 07 06.
Sep 21 · 05:50·GlobeNewswire
Finance
Sampo plc, stock exchange release, 21 September 2026 at 8:30 am EEST
Sep 21 · 05:30·GlobeNewswire
Finance
LIESTAL, Switzerland, September 21, 2026--Curatis Holding AG (SIX:CURN, "Curatis") reports net sales from goods and services of CHF 7.9m for the first half of 2026, up 51% (H1 2025: CHF 5.2m), with the loss for the period narrowing to CHF -0.4m (H1 2025: CHF -1.2m) and cash and cash equivalents rising to CHF 3.6m (31 December 2025: CHF 1.9m). Curatis also advanced its corticorelin (C-PTBE-01) program on multiple levels, including an exclusive Japan licence with Neupharma and continued manufactur
Sep 21 · 05:03·mlpr-businesswire