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  • TWG closed an $80 million PIPE, issuing 40 million Class A shares at $2 per share to nine non-U.S. investors.
  • The PIPE shares are Regulation S-restricted and were sold exclusively outside the U.S.
  • TWG said proceeds will fund expansion of its premium sturgeon caviar business, including the Imperial Cristal brand.
  • TowneBank reported Q2 net income of $193.19 million ($2.09 per diluted share), up from $40.89 million ($0.54).
  • Results included a $198.55 million gain from selling its Resort Property Management unit, boosting capital and tangible book value.
  • TowneBank's core operating earnings excluding certain items were $72.01 million ($0.78 per diluted share).
  • TowneBank reported deposit growth in the quarter.

Latest Articles

ORIC® Pharmaceuticals Announces Initiation of Himalayas-1 Phase 3 Trial in mCRPC Evaluating Rinzimetostat in Combination with NUBEQA® (Darolutamide), Supported by Clinical Collaboration with Bayer

ORIC® Pharmaceuticals Announces Initiation of Himalayas-1 Phase 3 Trial in mCRPC Evaluating Rinzimetostat in Combination with NUBEQA® (Darolutamide), Supported by Clinical Collaboration with Bayer

ORIC Pharmaceuticals announced the initiation of the global Phase 3 Himalayas-1 trial evaluating rinzimetostat in combination with Bayer's darolutamide (NUBEQA) in patients with metastatic castration-resistant prostate cancer (mCRPC) previously treated with abiraterone. The trial will enroll approximately 600 patients across 25 countries to assess …

Paylocity announces Q4 FY26 earnings conference call

Paylocity announces Q4 FY26 earnings conference call

Paylocity Holding Corporation announced its upcoming conference call to discuss fourth quarter and fiscal 2026 results, scheduled for August 4, 2026. The company provides cloud-based HR, Finance, and IT software solutions, promoting an integrated platform with AI-driven features to enhance workplace operations.

Ascent Solar Technologies, Inc. Reflects on H1 2026 Achievements and Milestones; Outlines Strategic Goals for Continued Corporate Development

Ascent Solar Technologies, Inc. Reflects on H1 2026 Achievements and Milestones; Outlines Strategic Goals for Continued Corporate Development

Ascent Solar Technologies, Inc. highlighted significant commercial progress in the first half of 2026, including expanded customer base, successful space-grade testing, development of power beaming technology, and a $25 million private placement. The company plans to accelerate growth in diverse sectors such as space, marine, and high-altitude plat…