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Logan Ridge Finance Corporation (LRFC) announced the rescheduling of its special stockholder meeting regarding the proposed merger with Portman Ridge Finance Corporation (PTMN) to June 20, 2025. Early votes indicate strong support for the merger. Proxy advisors ISS and Glass Lewis recommend that LRFC shareholders vote “FOR” the deal. Shareholders can find instructions on how to vote in the amended joint proxy statement.

Patriot National Bancorp (PNBK) completed a registered direct offering, raising $10.65 million through the issuance of common stock. This follows a previous $50 million private placement, bolstering investor confidence in Patriot Bank’s growth. The offering strengthens the bank’s capital base, enabling it to execute its strategic vision. Performance Trust Capital Partners, LLC, Blank Rome LLP, and Robinson & Cole LLP advised on the offering.

ACRES Commercial Realty Corp. announced cash dividends for its preferred stock, signaling confidence in the market. Series C shareholders will receive $0.6379156 per share, with a variable rate tied to Term SOFR, while Series D shareholders will receive $0.4921875 per share. Both dividends are payable July 30, 2025, to shareholders of record as of July 1, 2025. ACRES focuses on commercial real estate lending and investment.

MEDIROM Healthcare Technologies Inc. (MRM) has regained compliance with Nasdaq’s minimum bid price requirement. After receiving a notice of non-compliance on February 27, 2025, MEDIROM’s ADSs closed above $1.00 for ten consecutive business days, satisfying the exchange’s mandate. This positive development, announced June 5, 2025, signifies the company’s commitment to regulations and follows a period of uncertainty. MEDIROM operates over 300 wellness salons in Japan and offers health-tech solutions.

Premium Catering reported S$2.23 million in revenue and a net loss of S$1.40 million for the six months ending December 31, 2024. This contrasts with revenues of S$2.83 million and a loss of S$455,890 for the same period in 2023.

Chrysler celebrates its 100th anniversary with a “Century of Innovation” social media video series. The seven-part series explores Chrysler’s history, including trailblazers like Walter P. Chrysler, iconic vehicles, and technological advancements. The brand is commemorating the centennial with events like an employee gathering and the reveal of the 2026 Pacifica 100th Anniversary Edition, promising more announcements throughout the summer.

ImmunoPrecise Antibodies (IPA) announced a breakthrough in dengue vaccine development using its LENS^ai platform, powered by HYFT technology. The platform identified a conserved epitope across all dengue serotypes, paving the way for a universal vaccine. IPA plans to expand its AI-driven approach to other infectious diseases and oncology, streamlining vaccine development and potentially reducing costs. This discovery highlights AI’s potential to address complex challenges in biology.

Duluth Trading Company reported Q1 2025 results, with net sales of $102.7 million and a net loss of $15.3 million. New leadership is focused on streamlining operations and optimizing costs. Initiatives include brand focus and product portfolio review. The company reaffirms its 2025 financial guidance.

P2P Group Ltd. partners with PQStation, a quantum-resilient cybersecurity leader, to secure critical infrastructure, targeting markets in the US, Canada, and Europe. The collaboration integrates QSTunnel, a post-quantum cryptographic platform, enabling quantum-safe encryption deployment. This initiative addresses growing regulatory demands and military adoption of quantum-safe standards, aiming to equip Wi-Fi networks and chipsets with enhanced security for various sectors while projecting significant revenue growth over three years.

SWZ (formerly The Swiss Helvetia Fund) underwent a strategic shift in February 2025, embracing a total return objective under Bulldog Investors. The $92.4 million portfolio, as of May 2025, now includes Swiss, U.S., and a significant cash component (50.3%). A $3.00 special dividend was distributed in April. The fund’s performance reflecting its new strategy will be closely watched.