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LeddarTech Faces Nasdaq Delisting Notice; Files for Bankruptcy Protection in Canada
LeddarTech Holdings Inc. (LDTC), an AI-powered software firm in the ADAS/AD space, will be delisted from Nasdaq on June 24, 2025. The delisting follows the company’s announcement of filing under the Bankruptcy and Insolvency Act (Canada). The company’s board of directors has resigned, and the company does not plan to appeal the decision. Further details on the BIA process will be released via Raymond Chabot Inc.’s website.
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Century Communities Returns to North Las Vegas with June Grand Opening
Century Communities is launching Bravado, a new gated community in North Las Vegas, with homes starting in the $400s. The community features single-family homes with up to five bedrooms, smart home features, and designer finishes. A grand opening is scheduled for June 21st. Century Communities also highlights its online homebuying experience.
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Tuya Inc. Announces Annual General Meeting Results
Tuya Inc. announced the results of its Annual General Meeting held in Hangzhou, China, with shareholders approving all resolutions. The company, a key player in the AIoT sector, focuses on its developer ecosystem by offering an AI cloud platform. This platform provides PaaS, SaaS, and smart solutions, empowering a global community to create sustainable, secure, and flexible smart solutions across various industries.
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BMO Announces Acquisition of Burgundy Asset Management
BMO is acquiring Burgundy Asset Management for $625 million in BMO shares to expand its wealth management services. This deal significantly strengthens BMO’s capabilities for high-net-worth and ultra-high-net-worth clients. Burgundy, with $27 billion in assets under management, will integrate into BMO Wealth Management, enhancing BMO’s position in the Canadian Investment Counsel market. The acquisition is expected to close by the end of 2025.
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Simon Hall and Michelle De Biolley Bolster Caldwell: Strengthening Board, CEO, and Financial Services Practices
Caldwell, the executive search firm, expands its expertise in board governance and financial services with the addition of Simon Hall and Michelle De Biolley. Hall, specializing in Board & CEO and Financial Services, brings three decades of global experience. De Biolley, with over twenty years in investment banking, private banking, and private equity, also joins the firm. The move aims to strengthen Caldwell’s talent and support clients’ needs.
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111, Inc. Reports First Quarter 2025 Unaudited Financial Results
111, Inc. reported Q1 2025 results, highlighting maintained quarterly operational profitability and positive cash flow. Net revenues remained flat at RMB3.5 billion, while operating expenses saw a 4.8% decrease, and operating expenses as a percentage of revenues decreased by 30 basis points YoY.
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Repurchase of Own Shares
Endeavour Mining announced the repurchase of 40,000 ordinary shares on June 18, 2025, as part of its share buy-back program. The shares were purchased at prices between 2,290.00 and 2,306.00 GBp, with a volume-weighted average price of 2,295.81 GBp. Following cancellation, Endeavour holds no treasury shares, with 241,920,346 shares in issue. Detailed transaction information is provided.
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Gold Mountain Mining Corp. Halts Operations Temporarily
Gold Mountain Mining Corp. is temporarily suspending regular operations at its Elk Gold Mine for resource development and estimation refresh, lasting 4-12 months. This follows an internal review revealing QAQC findings requiring a comprehensive core relogging and resampling, aiming for completion by late October 2025. The company will subsequently develop a new Preliminary Economic Assessment and a 43-101 Technical Report. Key personnel will remain in place throughout the pause.
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Zest Insurance: Willis Disrupts Australian SMEs with a Digital Launch
Willis, a WTW division, launches Zest Insurance in Australia, a digital platform for small and medium enterprises (SMEs). Designed to simplify business insurance, Zest offers a seamless online experience with broker support. It focuses on industry-specific products and digital capabilities, addressing the demand for convenience, speed, and tailored solutions within the AUD 9 billion SME market, starting with administration and support services.
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UL Solutions Addresses Lithium-Ion Battery Fire Hazards with New Certification Programs for Enclosures and Charging Equipment
UL Solutions is launching new testing and certification programs for battery containment enclosures and micromobility charging equipment to address the growing safety concerns around lithium-ion batteries and thermal runaway events. These programs, adhering to UL 1487 and UL 4900 standards, aim to mitigate fire and other hazards, offering an additional layer of protection, and are developed with input from the FDNY.