Latest news with #OTCPink
Business Wire
7 days ago
- Business
- Business Wire
Summit Bank Group, Inc. Reports 2025 2 nd Quarter Earnings
EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group, Inc. (OTC Pink: SBKO) (the 'Company'), the holding company for Summit Bank (the 'Bank'), reported the following: The Bank has achieved symmetrical balance sheet growth over the last twelve months with $86 million added to loans and $80 million added to deposits. Additionally, the quality and mix of deposits has improved over the same period. Share Q2 2025 Net Income - $3.33 million or $0.42 per fully diluted share, an increase of 22.1 percent over Q2 2024. 2025 Year to Date Net Income - $6.25 million or $0.80 per fully diluted share, an increase of 21.3 percent over similar period in 2024. Cash and Securities totaled $131.6 million - 10.5 percent of assets and increased 7.9 percent over June 30, 2024. Year over year Net Loan Growth - $86.1 million or 8.4 percent. Year over year Deposit Growth - $80.1 million or 7.8 percent. Q2 2025 Net Interest Income increased $1.77 million or 14.5 percent over Q2 2024. Summit Bank Group reported net income for the second quarter of $3.33 million or 42 cents per fully diluted share. Comparable earnings for second quarter of 2024 were $2.70 million, or 35 cents per fully diluted share, representing an increase of 22.1 percent to earnings per fully diluted share. An increase in net interest income of $1.77 million, or 14.5 percent, concurrent with an increase in noninterest expense of only $698 thousand were the primary drivers of the growth in earnings. The increase in net interest income was the result of continued strong loan growth across all markets year over year. The Bank continues to maintain a strong liquidity position with cash and available for sale short-term securities totaling $131.6 million, which represents 10.5 percent of total assets as of June 30, 2025, compared to $122 million, or 10.6 percent of total assets, as of June 30, 2024. The Bank maintains secured borrowing commitments from the Federal Home Loan Bank and the Federal Reserve Bank with total available borrowing capacity as of June 30, 2025, of $323 million, or 25.9 percent of total assets. Combined, the Bank's cash and available secured borrowing as of June 30, 2025 totaled $413 million, which equaled 33.1 percent of total assets and 108.0 percent of total estimated uninsured deposits. This total has increased from $391 million one year ago, which equaled 34.0 percent of total assets. The Bank has achieved symmetrical balance sheet growth over the last twelve months with $86 million added to loans and $80 million added to deposits. Additionally, the quality and mix of deposits has improved over the same period; reducing time certificates of deposit from 13.7 percent of total deposits to 2.6 percent currently. 'Our second quarter results reflect the strength of our relationship-based approach to banking. The continued growth of core deposits is not only a sign of the financial strength and growth of our clients but is also a testament to the number of new locally-owned businesses, professional firms and non-profit entities choosing to move their full banking relationship to us in all three of our markets,' said Craig Wanichek, President and CEO. Return on average equity over the trailing four quarters has improved for the fifth consecutive quarter, at 11.5 percent for both the current quarter and the trailing four quarters. Total shareholders' equity ended the second quarter at $115.8 million, an increase of $14.3 million or 14.1 percent since June 30, 2024. As the Company continues its 22 nd year of operations, capital levels remain very strong, supporting consistent asset growth with similarly strong retained earnings, which have totaled $56.6 million over the last five years. Total non-performing assets as of June 30, 2025, which continued to decline as a percentage of total assets, decreased to just 0.04 percent following 0.20 percent as of December 31, 2024 and 0.10 percent as of March 31, 2025. In November 2024, the Company announced the Board's authorization to repurchase shares of its common stock up to a maximum total volume of $1.0 million. 'Our share repurchase program remains open, and we continue to be active in the market, reflecting our confidence in the Company's long-term value and commitment to enhancing shareholder returns,' said Craig Wanichek, President and CEO. Summit Bank Group Inc., through its wholly owned subsidiary Summit Bank, maintains offices in Eugene, Central Oregon, and Portland, specializing in providing high-level service to professionals and medium-sized businesses and their owners. The Bank was voted for the fourth year in a row as one of Oregon's 'Top 100 Companies to Work For,' according to Oregon Business Magazine. In 2023, 2024 and 2025, Summit Bank was honored as 'Favorite Bank' in the Eugene Register-Guard's annual Reader's Choice Awards and 'Best Bank' by Central Oregon's Bend Bulletin. Summit Bank Group Inc. is quoted on the OTCPK under the symbol SBKO. Forward-Looking Statements This press release contains certain forward-looking statements about the Company and the Bank. Forward-looking statements include statements regarding anticipated future events or financial results and can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include increased competitive pressures, inflation, changes in the interest rate environment, general economic conditions or conditions within the securities markets, potential recessionary conditions, the imposition of tariffs or other domestic or international governmental policies and retaliatory responses, changes in asset quality, charge-offs and credit loss provisions, changes in demand for our products and services, availability of low-cost funding, legislative, accounting, tax and regulatory changes, including changes in the monetary and fiscal policies of the Board of Governors of the Federal Reserve System, political developments, uncertainties or instability, catastrophic events, acts of war or terrorism, natural disasters or breach of our operational or security systems or infrastructure, including cyberattacks that could adversely affect the Company's financial condition and results of operations and the business in which the Company and the Bank are engaged. Accordingly, you should not place undue reliance on forward-looking statements. The Company undertakes no obligation to revise these forward-looking statements or to reflect events or circumstances after the date of this press release. QUARTERLY FINANCIAL REPORT – June 30 th 2025 (in thousands except per share data) Unaudited Unaudited Unaudited As of As of As of Summary Statements of Condition Jun. 30, 2025 Mar. 31, 2025 Cash and short term investments $ 90,253 $ 147,684 $ 65,857 Securities 41,313 41,777 56,096 Loans: Commercial 335,653 324,864 311,540 Commercial real estate 673,609 650,392 608,581 Other 89,069 99,921 90,672 Loan loss reserve and unearned income (12,044 ) (11,228 ) (10,654 ) Total net loans 1,086,288 1,063,950 1,000,140 Property and other assets 29,970 30,521 28,163 Repossessed property 276 538 958 Total assets $ 1,248,100 $ 1,284,470 $ 1,151,213 Deposits: Noninterest-bearing demand $ 174,872 $ 166,494 $ 156,954 Interest-bearing demand 898,237 862,451 724,928 Certificates of deposit 28,768 111,732 139,877 Total deposits 1,101,876 1,140,676 1,021,759 Subordinated debt 18,503 18,493 18,464 Other liabilities 11,931 13,124 9,522 Shareholders' equity 115,789 112,177 101,469 Total liabilities and shareholders' equity $ 1,248,100 $ 1,284,470 $ 1,151,213 Book value per share $ 14.85 $ 14.48 $ 13.15 Expand Unaudited Unaudited Unaudited For the six months ended For the six months ended For the three months ended For the three months ended Summary Statements of Income Jun. 30, 2025 Jun. 30, 2024 Jun. 30, 2025 Jun. 30, 2024 Interest income $ 40,014 $ 37,009 $ 20,131 $ 19,014 Interest expense (12,518 ) (12,668 ) (6,117 ) (6,772 ) Net interest income 27,496 24,341 14,014 12,242 Provision for loan losses (3,811 ) (3,852 ) (1,859 ) (1,835 ) Noninterest income 632 831 450 633 Noninterest expense (15,784 ) (14,356 ) (8,056 ) (7,358 ) Net income before income taxes 8,533 6,964 4,549 3,682 Provision for income taxes (2,282 ) (1,841 ) (1,223 ) (980 ) Net income $ 6,252 $ 5,122 $ 3,327 $ 2,701 Net income per share, basic $ 0.81 $ 0.67 $ 0.43 $ 0.35 Net income per share, fully diluted $ 0.80 $ 0.66 $ 0.42 $ 0.35 Expand
Yahoo
08-07-2025
- Business
- Yahoo
CEO.CA's Inside the Boardroom: Southern Cross: New TSX Milestone & Big Drill Results at Sunday Creek
Toronto, Ontario--(Newsfile Corp. - July 8, 2025) - (" the leading investor social network in venture stocks, shares exclusive updates with CEOs and executives from around the globe. Founded in 2012, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies. Meet the Executive Shaping the Mining Landscape 'Inside the Boardroom' is more than just an interview series - it's a chance to gain firsthand knowledge from industry leaders, understanding their vision, challenges, and strategy. We caught up with Michael Hudson, President & CEO of Southern Cross Gold (TSX: SXGC) (ASX: SX2) (OTC Pink: MWSNF) (FSE: MV3) to discuss the company's recent graduation to the TSX main board and the exceptional drill results coming out of the Sunday Creek project — including 3.9 meters at over 124 g/t gold. #Gold #Antimony #Mining #MiningStocks #GoldStocks Southern Cross Gold.(TSX: SXGC) (ASX: SX2) (OTC Pink: MWSNF) (FSE: MV3) Cannot view this video? Visit: Tune into 'Inside the Boardroom' each week and be part of the conversation that's shaping the business landscape. Visit or our YouTube page for hundreds more executive interviews from here. Interested in showcasing your company on 'Inside the Boardroom'? Get in touch with our team at sales@ for further details and opportunities. About The leading community for investors & traders in junior resource & venture stocks. is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at to set up your free account. is a wholly owned subsidiary of EarthLabs, Inc. For further information please contact: Email: hello@ Website: Neither the TSX Venture Exchange ("TSXV"), OTC Best Market "(OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement The information regarding any issuer contained or referred to in any interviews conducted by has been furnished by such issuer directly, and neither nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
CEO.CA's Inside the Boardroom: Southern Cross: New TSX Milestone & Big Drill Results at Sunday Creek
Toronto, Ontario--(Newsfile Corp. - July 8, 2025) - (" the leading investor social network in venture stocks, shares exclusive updates with CEOs and executives from around the globe. Founded in 2012, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies. Meet the Executive Shaping the Mining Landscape 'Inside the Boardroom' is more than just an interview series - it's a chance to gain firsthand knowledge from industry leaders, understanding their vision, challenges, and strategy. We caught up with Michael Hudson, President & CEO of Southern Cross Gold (TSX: SXGC) (ASX: SX2) (OTC Pink: MWSNF) (FSE: MV3) to discuss the company's recent graduation to the TSX main board and the exceptional drill results coming out of the Sunday Creek project — including 3.9 meters at over 124 g/t gold. #Gold #Antimony #Mining #MiningStocks #GoldStocks Southern Cross Gold.(TSX: SXGC) (ASX: SX2) (OTC Pink: MWSNF) (FSE: MV3) Cannot view this video? Visit: Tune into 'Inside the Boardroom' each week and be part of the conversation that's shaping the business landscape. Visit or our YouTube page for hundreds more executive interviews from here. Interested in showcasing your company on 'Inside the Boardroom'? Get in touch with our team at sales@ for further details and opportunities. About The leading community for investors & traders in junior resource & venture stocks. is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at to set up your free account. is a wholly owned subsidiary of EarthLabs, Inc. For further information please contact: Email: hello@ Website: Neither the TSX Venture Exchange ("TSXV"), OTC Best Market "(OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement The information regarding any issuer contained or referred to in any interviews conducted by has been furnished by such issuer directly, and neither nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
08-07-2025
- Business
- Business Wire
Superior to be Acquired by a Group of Existing Term Loan Investors Committed to Its Long-Term Stability and Growth
SOUTHFIELD, Mich.--(BUSINESS WIRE)-- Superior Industries International, Inc. ('Superior' or the 'Company') (OTC Pink:SSUP) today announced it has entered into definitive agreements to be acquired by a group of its term loan investors (the 'Investors'), including Oaktree Capital Management. As part of the transaction, the Investors will convert a significant portion of their term loans into equity which, alongside the extinguishment of the Company's preferred stock, will better position the business for long-term growth with customers and suppliers across the global wheel industry. Under the terms of the transaction agreements, which have been approved by Superior's Board of Directors: The acquisition will be implemented via a merger with an entity indirectly owned by the Investors. The Investors will convert up to approximately $550 million of their term loan claims into 96.5% of the common equity of an indirect parent company of the surviving entity (the 'New Equity'). The Company's existing revolving credit facility and factoring facilities will remain in place on their current terms or be refinanced prior to the closing of the transaction. Holders of the Company's common stock will receive, in the aggregate, approximately $3.1 million in cash, and the holder of the Company's preferred stock will receive approximately $6.2 million in cash and an aggregate of 3.5% of the New Equity. Company stockholders representing approximately 40% of the Company's voting power have entered into voting and support agreements to approve the transaction. As a result of the transaction, funded debt will be reduced by nearly 90% from approximately $982 million (inclusive of the preferred stock) to approximately $125 million. By addressing the over-leveraged balance sheet, this transaction will eliminate a major distraction and allow Superior to refocus on delivering high quality, cost-competitive wheels to all of its customers. 'This transaction represents a pivotal milestone for Superior. Our term loan investors are reaffirming their confidence in the business and stepping in to provide the necessary financial foundation to support our long-term success,' said Majdi Abulaban, President and Chief Executive Officer. 'With the broadest portfolio in the industry, a strategically advantaged footprint, and a newly minted best-in-class balance sheet, we are well positioned to capitalize on growth opportunities with both existing and new OEM customers. More than ever, we are seeing unprecedented levels of RFQs as customers seek to de-risk long supply chains and respond to evolving tariff dynamics.' 'Despite recent headwinds with certain of its customers, the demand for high-quality, cost-competitive, in-region manufacturing capacity is greater than ever, and we are excited to support the Superior leadership team in this next phase,' said Robert LaRoche, Managing Director at Oaktree Capital Management. The transactions are expected to close in the third quarter of 2025 and are subject to customary closing conditions and receipt of required regulatory approvals. Following the closing, the Company will become privately held. Advisors Lazard is serving as the Company's investment banker, Alvarez & Marsal is serving as financial advisor and Weil, Gotshal & Manges LLP is serving as legal counsel to Superior. Riveron is serving as financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel to the ad hoc group of term loan investors. About Superior Industries Superior is one of the world's leading aluminum wheel suppliers. Superior's team collaborates with customers to design, engineer, and manufacture a wide variety of innovative and high-quality products utilizing the latest light weighting and finishing technologies. Superior serves the European aftermarket with the brands ATS®, RIAL®, ALUTEC®, and ANZIO®. Headquartered in Southfield, Michigan, Superior is listed on the OTC Pink Limited Exchange. For more information, please visit About Oaktree Capital Management, L.P. Oaktree is a leader among global investment managers specializing in alternative investments, with $203 billion in assets under management as of March 31, 2025. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,200 employees and offices in 23 cities worldwide. For additional information, please visit Oaktree's website at Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended (the 'Securities Act') and Section 21E of the Exchange Act of 1934, as amended (the 'Exchanged Act'). In this context, forward-looking statements often address future business and financial events, conditions, expectations, plans or ambitions, and often include, but are not limited to, words such as 'believe,' 'expect,' 'may,' 'will,' 'should,' 'could,' 'would,' 'anticipate,' 'estimate,' 'intend,' 'plan,' 'seek,' 'see,' 'target,' or similar expressions, or variations or negatives of these words, but not all forward-looking statements include such words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about the consummation of the proposed transactions contemplated by the definitive transaction agreements (the 'Proposed Transactions'), including the expected time period to consummate the Proposed Transactions, and the anticipated benefits thereof. All such forward-looking statements are based upon current plans, estimates, expectations and ambitions that are subject to risks, uncertainties and assumptions, many of which are beyond the control of the Company and the Investors, that could cause actual results to differ materially from those expressed in such forward-looking statements. Important risk factors that may cause such a difference include, but are not limited to: the substantial doubt regarding the Company's ability to continue as a going concern; the consummation of the Proposed Transactions on the anticipated terms and timing, or at all, including obtaining regulatory approvals and receipt of the approval of the Company's stockholders; the occurrence of any event, change or other circumstance that could give rise to the termination of the definitive transaction agreements; the anticipated tax treatment of the Proposed Transactions; the possibility that any of the anticipated benefits of the Proposed Transactions will not be realized or will not be realized within the expected time period; potential litigation relating to the Proposed Transactions; the risk that disruptions from the Proposed Transactions will harm the Company's business, including current plans and operations and that management's time and attention will be diverted on transaction-related issues; potential adverse reactions or changes to business relationships, including with employees, suppliers, customers, competitors or credit rating agencies, resulting from the announcement or completion of the Proposed Transactions; the potential for modification or adjustment of the definitive transaction agreements; the parties' ability to satisfy their respective conditions and consummate the Proposed Transactions; certain restrictions during the pendency of the Proposed Transactions that may impact the Company's financial performance, operating results, ability to pursue certain business opportunities or strategic transactions or otherwise operate its business; fees, costs and expenses and the possibility that the Proposed Transactions may be more expensive to complete than anticipated, including as a result of unexpected factors or events; the effects of industry, market, economic, political or regulatory conditions outside of the Company's control; future fluctuations in the Company's market capitalization and stockholders' equity; the expected timing and process for the delisting of the Company's common stock from the New York Stock Exchange and deregistration under the Securities Act; other risks related to the Proposed Transactions that will be included in the Company's proxy statement on Schedule 14A (the 'Proxy Statement') to be filed with the U.S. Securities and Exchange Commission (the 'SEC'); and those risks described in Item 1A of Part I of the Company's Annual Report on Form 10-K, filed with the SEC on March 6, 2025, in Item 1A of Part II of the Company's Quarterly Report on Form 10-Q, filed with the SEC on May 12, 2025, and the Company's other filings with the SEC. These disclosures are incorporated by reference in this communication. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is as of the date of this communication. The Company does not intend to update these statements unless required by securities or other applicable laws to do so, and the Company undertakes no obligation to publicly release the result of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this communication. No Offer or Solicitation; Additional Information and Where to Find It This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. In connection with the Proposed Transactions, the Company intends to file relevant materials with the SEC, including the Proxy Statement. This press release is not a substitute for the Proxy Statement or any other document that the Company may file with the SEC or send to its stockholders in connection with the Proposed Transactions. STOCKHOLDERS OF THE COMPANY ARE ADVISED AND URGED TO READ THE PROXY STATEMENT AND ANY OTHER DOCUMENTS FILED BY THE COMPANY WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTIONS BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE PROPOSED TRANSACTIONS AND THE BUSINESS TO BE CONDUCTED AT THE SPECIAL MEETING OF THE COMPANY'S STOCKHOLDERS TO BE HELD IN CONNECTION WITH THE PROPOSED TRANSACTIONS. All such documents, when filed, may be obtained free of charge at the SEC's website ( These documents, once available, and the Company's other filings with the SEC also will be available free of charge on the Company's website at Participants in the Solicitation The Company, its directors and certain of its executive officers and employees may be deemed participants in the solicitation of proxies from the Company's stockholders in connection with the Proposed Transactions. Information regarding the names of the Company's directors and executive officers and certain other individuals and their respective interests in the Company by security holdings or otherwise is set forth in the Company's definitive proxy statement on Schedule 14A for its 2025 annual meeting of stockholders, filed with the SEC on April 3, 2025 (the '2025 Definitive Proxy'), which is available at Please refer to the sections captioned 'Voting Securities and Principal Ownership' and 'Executive Compensation and Related Information' in the 2025 Definitive Proxy. To the extent that certain Company participants or their affiliates have acquired or disposed of security holdings since the 'as of' date disclosed in the 2025 Definitive Proxy, such transactions have been or will be reflected on Statements of Change in Ownership on Form 4 or amendments to beneficial ownership reports on Schedules 13D filed with the SEC, which are available at Such filings and the 2025 Definitive Proxy are available free of charge on the Company's website at or through the SEC's website at Updated information regarding the identity of potential participants, and their direct or indirect interests in the Company, by security holdings or otherwise, will be set forth in the Proxy Statement and other materials to be filed with the SEC in connection with the Proposed Transactions.
Yahoo
03-07-2025
- Health
- Yahoo
Apollo Biowellness, Inc. Re-Files Application with OTCMarkets.com
North Bergen, New Jersey--(Newsfile Corp. - July 3, 2025) - Apollo Biowellness, Inc. (OTC Pink: KOAN) (the "Company") announces that it submitted to an application to be able to file disclosure reports on OTCIQ. The application process includes a review by and is pending approval by Evolutionary Biologics Ad Campaign To view an enhanced version of this graphic, please visit: James W. Zimbler, President, stated, "Our application to resume submitting disclosure statements and financial information has been submitted and we are awaiting final approval. As soon as final approval is granted, we will be filing the necessary statements." You can follow and contact the Company on X at @ApolloBioKOAN. About Apollo Biowellness, Biowellness, Inc., and its subsidiary, Evolutionary Biologics, Inc., is engaged in the discovery, development and marketing of products designed to better mankind. We believe we are positioning our company as a leader in the field of Regenerative Medicine as defined by the National Institute of Health using biologic based products. Intended products are to be marketed under third-party label exemptions. We are focusing our current efforts on marketing licensed patent-pending natural stem cell mobilizing agents capable of enhancing each individual's ability to mobilize their own adult stem cells from their bone marrow. Also, we are licensed under a patent-pending application to market a dual acting all-natural diet aid designed to help control hunger through normal body signals to the brain and stomach. Products are being developed for consumer and professional markets. Before using any of our products, you should always consult with your veterinarian and/or family doctor. Forward-Looking StatementsThis press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our product development programs and any other statements that are not historical facts. Such statements involve risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from management's current expectations include those risks and uncertainties relating to our ability to raise capital, the regulatory approval process, the development, testing, production and marketing of our drug candidates, patent and intellectual property matters and strategic agreements and relationships. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law. A complete discussion of the risks and uncertainties that may affect the Company's business, including the business of any of its subsidiaries, is included in "Risk Factors" in the Company's most recent Annual Report on Form 10-K as filed by the Company with the Securities and Exchange Commission. Corporate ContactJames W. ZimblerPresident/CEO/Directorinfo@ To view the source version of this press release, please visit Sign in to access your portfolio
