Press Releases

Industry veteran Shawn Stewart appointed as Chief Executive Officer

First quarter results impacted by elongated weak freight market and Omni Logistics deal closing

Cost synergy realization in line with initial diligence estimates

Preliminary April results providing early indication of improvement

GREENEVILLE, Tenn.--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ: FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today reported... (continue reading...)

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company”) today announced the pricing of its initial public offering of 14,333,333 shares of its common stock at a public offering price of $15.00 per share, for total gross proceeds of approximately $215.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. All of the common stock is being offered by the... (continue reading...)

Announces Plan for $20 million in Aggregate New Financing to Support Daily Operations, Restructuring, Strategic Initiatives, and Advocacy

Company Enters into Voluntary Chapter 11 Restructuring Process Which Will Take Company Private, Reduce Debt and Enable Execution of Key Initiatives

Minimal Expected Operational Impact to Business, Company Wil Continue Serving Customers and Delivering Products

PLEASANTON, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- ProSomnus, Inc.... (continue reading...)

BOCA RATON, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- Saxena White P.A. has filed a securities class action lawsuit (the “Class Action”) in the United States District Court for the Middle District of Tennessee against Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (NASDAQ: SHLS) and certain of its executive officers, directors, underwriters, Shoals’ founder Dean Solon, and two companies controlled by Solon (collectively, “Defendants”). The... (continue reading...)

HONG KONG, May 9, 2024 - (ACN Newswire) - - Blockpass and Saakuru are excited to reveal their new partnership, which sees the two-layer Web3 solution benefit from Blockpass' proprietary verification services, allowing Saakuru's users to engage with its revolutionary, frictionless blockchain and developer suite in a safe, regulated manner.

Saakuru is a consumer-centric layer-2 protocol with zero transaction fees, powered by $SKR. The platform is enhanced with the Saakuru... (continue reading...)