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BAB, Inc. Declares Cash Distribution
BAB, Inc. announced a quarterly cash dividend of $0.01 per share, payable July 14, 2025. This reinforces their commitment to shareholder value. A portion of the distribution may be classified as a return of capital. The final dividend composition, based on the company’s 2025 performance, will be determined in January 2026. BAB, Inc., a franchisor of food brands like Big Apple Bagels®, navigates the competitive food service sector, with this dividend affecting investor perception.
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Eskay Mining Kicks Off 2025 Exploration Campaign This Month
Eskay Mining Corp. is launching an aggressive June exploration campaign in British Columbia’s Golden Triangle, focusing on the high-grade gold veins at its Consolidated Eskay project. They aim to expand the Vermillion zone, where significant assays were discovered in 2024. CEO Mac Balkam highlights the project’s potential, citing its proximity to Newmont’s Brucejack Mine and aiming to refine a drilling strategy. Exploration will also target the Ted Morris and Big Red zones.
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Pony.ai Launches Road Testing of Gen-7 Robotaxis in Guangdong, China
Pony.ai is accelerating its Robotaxi ambitions, beginning public road testing of its seventh-generation autonomous vehicles in Guangzhou and Shenzhen, China. Built on GAC’s Aion V model, the Gen-7 system boasts automotive-grade components, reduced costs, and versatile design. With advanced sensors and the “PonyWorld” model, the company aims for full-scenario operation. Strategic partnerships and over 45 million kilometers of testing position Pony.ai for mass production and a fleet exceeding 1,000 vehicles by the end of 2025.
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Transaction in Own Shares
Diversified Energy Company PLC announced the repurchase of 31,898 ordinary shares on June 5, 2025, at an average price of $13.9421 per share. The repurchased shares will be retired, resulting in 78,672,415 ordinary shares outstanding.
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Dassault Systèmes: Targeting Doubled EPS by 2029 with 3D UNIV+RSES Expansion
Dassault Systèmes announced its strategy to double its non-IFRS diluted EPS by 2029 facilitated by its 3D UNIV+RSES initiative. The company aims to create virtual-plus-real (V+R) environments using Gen AI, significantly boosting productivity and securing intellectual property. This strategy, revealed at its Capital Markets Day, focuses on industrial innovation, mainstream markets, and life sciences, with a live webcast available for investors.
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CyberArk Announces Upsized $1.1 Billion Convertible Senior Notes Offering Due 2030
CyberArk is issuing $1.1 billion in 0.00% convertible senior notes due 2030, upsized from $750 million. The notes are exchangeable for CyberArk shares at an initial conversion price of roughly $509.84, a 30% premium. The company has also entered into capped call transactions to mitigate dilution. Proceeds will fund corporate purposes, potentially including acquisitions.
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Logan Ridge Adjusts Special Meeting Date to Encourage “FOR” Votes on Merger
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.
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Patriot National Bancorp Completes $10M Registered Direct Offering
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.
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ACRES Commercial Realty Corp. Announces Quarterly Cash Dividend for Preferred Stock
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.
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MEDIROM Healthcare Technologies Inc. Back in Compliance with NASDAQ Listing Standards
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.