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So-Young Announces ADS Ratio Implementation Plan
So-Young International (Nasdaq: SY) plans a reverse ADS split, changing its ADS ratio from 13:10 to 1:15, effective June 30, 2025. This adjustment, impacting ADS holders without required action, aims to proportionally increase the ADS price. Fractional entitlements will be sold, with net proceeds distributed to ADS holders. So-Young, connecting consumers with aesthetic treatments in China, highlights potential market risks.
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‘Unlucky Charm’ Tries Extreme Measures to Protect Result at 2025 UEFA Champions League Final for Heineken
Heineken embraces football fan superstition ahead of the UEFA Champions League Final. The brand is sending a self-proclaimed “jinx,” Marco Simeone, to a remote bar to watch the game, reflecting the survey that shows widespread superstitious rituals among fans. This quirky campaign highlights fan beliefs and the passionate culture around the sport.
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Itepekimab Meets Primary Endpoint in COPD Phase 3 Trial
Regeneron and Sanofi announced mixed results from their Phase 3 AERIFY trials of itepekimab for COPD. AERIFY-1 met its primary endpoint by reducing moderate or severe exacerbations in former smokers, while AERIFY-2 failed. The trials evaluated itepekimab’s impact on exacerbation frequency. Safety profiles appeared consistent across both trials. The companies are reviewing the full data.
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PesoRama Opens Store #27 in Patio Martin Carrera on May 31st
PesoRama Inc. is expanding its JOi Dollar Plus stores in Mexico, with the 27th store opening on May 31st in Mexico City’s Patio Martin Carrera shopping center. The 481-square-meter store targets a high-income area, offering everyday essentials. A live stream of the grand opening will be on JOi’s Instagram. Since 2019, PesoRama has focused on high-traffic locations, and as of May 31st, will operate 27 stores.
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TAT Technologies Announces Public Offering Pricing: Ordinary Shares and Secondary Offering by Selling Shareholders
TAT Technologies Ltd. announced the pricing of a public offering of 4,150,000 ordinary shares at $26.00 each. The company will sell 1,625,000 shares, while FIMI Opportunity V and FIMI Israel Opportunity Five will sell 2,525,000. Underwriters have options to purchase additional shares. The offering is expected to close around June 3, 2025, generating approximately $42.3 million in gross proceeds for TAT, allocated towards general corporate needs. Stifel and Truist Securities are joint book-running managers.
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Pathfinder Names Rishu Gaind as Chief Financial Officer
Pathfinder Ventures Inc. (TSXV:RV) announced the appointment of Rishu Gaind, CPA CGA, as CFO, signaling a commitment to strengthening its financial infrastructure. Gaind, with over 11 years of finance experience and a history with Pathfinder, will lead this effort, succeeding Mathew Lee. The company aims to excel in the RV resort and manufactured housing sectors, focusing on hospitality, sustainability and innovation. This release also contains forward-looking statements.
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Hudbay Updates on Wildfires Near Flin Flon
Hudbay Minerals prioritizes employee safety amid wildfires in northern Manitoba, responding to evacuations in Flin Flon. Essential personnel remain to support critical activities, while operations in Snow Lake continue, though with potential production adjustments. Exploration is paused. Hudbay is providing support to affected communities, including securing accommodations, deploying emergency personnel, and offering resources. The company remains confident in meeting its 2025 guidance.
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Unconventional Machines at the “2025 Virtual Tech Conference: Shaping Tomorrow” on June 3rd
Unusual Machines (UMAC) will participate in the “2025 Virtual Tech Conference” from June 3rd-5th, hosted by Maxim Group LLC. CEO Allan Evans will present on June 3rd, exploring how technologies like Quantum Computing and AI are influencing the future. The conference, held on M-Vest, will feature industry leaders discussing innovations in sectors including healthcare and IoT. UMAC, a drone component manufacturer, is aiming to be a leading supplier in the rapidly growing US drone industry.
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IQSTEL’s GlobeTopper Acquisition Fuels Rapid Global Fintech Expansion, Accelerating $1 Billion Growth Plan
IQSTEL Inc. announced an agreement to acquire a 51% stake in fintech innovator GlobeTopper, aiming to expand its global footprint and reach a $1 billion revenue goal by 2027. The acquisition, valued up to $700,000, will leverage GlobeTopper’s projected $65 million in 2025 revenue and existing client base across the Americas, Europe, and Africa, integrating its operations in the IQSTEL’s Fintech Division.
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FHLBank Atlanta and Synovus Bank Grant $500,000 to Georgia Heirs Property Law Center Inc.
FHLBank Atlanta and Synovus Bank are providing a $500,000 grant to the Georgia Heirs Property Law Center to address heirs’ property issues and promote generational wealth. This initiative is part of a larger $5.9 million program focused on helping families secure property rights and preserve inheritances, combating the significant challenge of unclear legal documentation in property ownership. The program is crucial, given that nearly half of homeowners lack estate plans, as highlighted by a recent survey.