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Amphastar Pharmaceuticals to Present at Jefferies Global Healthcare Conference
Amphastar Pharmaceuticals (NASDAQ: AMPH) will participate in the 2025 Jefferies Global Healthcare Conference on June 5, featuring CFO Bill Peters and EVP Jacob Liawatidewi in a fireside chat. The company aims to highlight its growth strategy, including pipeline advancements in complex generics and proprietary drugs like BAQSIMI and Primatene MIST. With Q1 2025 R&D spending up 18%, analysts note its focus on innovative drug delivery systems, such as inhalation therapies, to disrupt traditional markets. The event, accessible via webcast, underscores Amphastar’s efforts to strengthen investor engagement and showcase manufacturing capabilities amid expanding portfolios in diabetes and emergency care.
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Philippine Stock Exchange Adopts Nasdaq Eqlipse Trading to Strengthen Market Infrastructure
Nasdaq (NDAQ) and the Philippine Stock Exchange (PSE) have expanded their technology partnership, with PSE adopting Nasdaq’s next-gen Eqlipse Trading platform. The cloud-agnostic system offers real-time risk controls and derivatives pricing, positioning PSE as a Southeast Asian pioneer in advanced exchange infrastructure. This upgrade aims to boost market resilience amid rising volumes and regulatory demands. Nasdaq, which supports 97% of globally systemic banks, strengthens its presence in Asia’s $3.6T financial markets. The deal highlights Nasdaq’s recurring revenue model and cross-selling of compliance tools, despite implementation risks. It reinforces Nasdaq’s strategy to deliver modular, regulation-ready solutions in high-growth regions, countering regional competition from Singapore and Hong Kong.
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E3 Lithium and Pure Lithium Announce Phase 1 Results from Lithium Metal Battery Collaboration
E3 Lithium and Pure Lithium demonstrated advancements in sustainable battery technology by integrating E3’s brine-derived lithium chloride (over 99.9% purity) and Direct Lithium Extraction with Pure’s anode production. Batteries maintained 80% capacity after 500 cycles, supported fast charging, and reduced reliance on conventional mining. Their optimized process aligns with North America’s critical mineral goals, leveraging E3’s Alberta resources and Pure’s cobalt/nickel-free designs for cost-efficient, eco-friendly energy storage. This collaboration positions both as key players in advancing EV and grid battery solutions.
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Hafnia Limited Shares Trade Ex-Dividend Today on Oslo Børs with USD 0.1015 Dividend
Hafnia Limited, a global leader in oil and product tanker shipping, finalized Q1 2025 dividend dates, with Oslo Exchange shares ex-dividend from today and NYSE adjustments effective May 23. The announcement reflects Hafnia’s operational strength and shareholder focus amid volatile markets. Operating ~200 vessels, the Singapore-based firm provides end-to-end logistics services—including chartering and fuel procurement—for major energy clients. Supported by parent company BW Group, Hafnia maintains strategic hubs in Copenhagen, Houston, and Dubai, employing over 4,000. Its integrated fleet and market expertise reinforce its critical role in global energy transportation. (Word count: 100)
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Sable Offshore Corp. Announces Pricing of Upsized Public Offering of Common Stock
Sable Offshore Corp. (SOC) priced an upsized public offering of 8.7 million shares at $29.50 each, targeting ~$256.5 million in gross proceeds. Underwriters J.P. Morgan, Jefferies, and TD Cowen secured an option for an additional 1.3 million shares. Proceeds will fund capital expenditures and corporate needs, with closure expected by May 23 pending approvals. The Houston-based firm, focused on California’s Santa Ynez Unit offshore assets, highlights operational expertise amid regulatory and ESG challenges. Analysts note the pricing reflects cautious optimism as energy equities rebound, though supply chain and permitting risks persist. SEC-declared effective May 1, the offering expands distribution through co-managers including Benchmark Company and Pickering Energy Partners.
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High-Grade Gold and Silver Targets Enter Drilling Phase
Barton Gold Holdings (ASX: BGD) launched a drilling campaign in South Australia’s Gawler Craton to explore high-grade gold-silver deposits. The company, holding 1.7Moz gold and 3.1Moz silver JORC-compliant resources, maintains full ownership of regional processing infrastructure, including the Challenger mill. Supported by certified geologists, Barton targets 150,000oz annual production from its 64Mt resource base (0.83g/t Au). Amidst gold price surges due to geopolitical and inflation factors, the strategic assets position Barton for growth, though exploration risks and market volatility persist.
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Oyster Enterprises II Acquisition Corp Announces Upsized $220M IPO
Oyster Enterprises II Acquisition Corp upsized its IPO to $220 million (22M units at $10), listing on Nasdaq as OYSEU on May 22, 2025. The SPAC replaces traditional warrants with fractional share rights to minimize investor dilution, targeting AI, blockchain, media, and real estate sectors. Led by tech-linked executives including Divya Narendra, it leverages a $253 million potential warchest with underwriters’ 15% over-allotment option. While benefiting from recovering SPAC market trends and high-growth tech sectors, challenges include competition for acquisitions, undisclosed targets, and prolonged merger timelines prevalent in the post-2023 SPAC landscape. BTIG serves as sole bookrunner.
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Senseonics Holdings, Inc. Closes Public Offering with Full Exercise of Underwriters’ Over-Allotment Option and Concurrent Private Placement
Senseonics Holdings raised $77.8 million via a public offering (115M shares at $0.50) and a $20.3M private placement from Abbott Laboratories, which acquired a 4.99% stake. The funds will accelerate U.S. commercialization of its Eversense 365, a 12-month implantable glucose monitor, and support innovation. While the capital extends operations through 2026, significant share dilution and low pricing reflect market skepticism. Abbott’s investment signals strategic interest in implantable CGM tech, despite maintaining dominance with its FreeStyle Libre system. Key challenges include securing Medicare coverage and expanding beyond niche medical markets.
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Sharps Technology to Present at Aegis Capital Corp.’s 2025 Virtual Conference on May 22
Sharps Technology (NASDAQ: STSS) CEO Robert Hayes will present at the Aegis Capital Virtual Conference on May 22, 2025, highlighting the company’s advancements in smart-safety syringes. These innovations include ultra-low waste systems and specialized polymer technology designed to enhance drug stability, targeting the $10B+ prefilled syringe market. The Hungary-based manufacturing facility supports scalable production for European and transatlantic markets. Sharps’ patented dual safety mechanisms reduce drug waste by up to 20%, addressing cost-efficiency demands in healthcare. The live webcast begins at 1:00 p.m. ET, with forward-looking statements noting potential regulatory and market risks.
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PG&E Foundation Announces $500,000 in Grants for Community Environmental Stewardship
The PG&E Corporation Foundation’s Better Together Nature Positive Innovation Grant program offers $500,000 ($100,000 each across five regions) to fund community-driven environmental projects in Central and Northern California. Targeting air quality, land restoration, and water conservation, the grants support government, educational, and nonprofit initiatives, prioritizing disadvantaged communities. Applications close July 18, 2025. Funded by PG&E shareholders, the program builds on past successes like wildfire resilience efforts and regenerative farming support. Projects at any stage—planning, design, or implementation—are eligible. PG&E, serving 16 million Californians, aims to amplify climate resilience through collaborative, scalable solutions.