Biotech Stocks Rally as Oncology Market Targets $866B by 2034

PR Newswire


Equity Insider

News Commentary


Issued on behalf of Oncolytics Biotech Inc.


VANCOUVER, BC
, Aug. 14, 2025 /PRNewswire/ — Equity InsiderNews Commentary – Despite alarming federal budget cuts that stand to potentially harm the national battle against cancer, it appears that the private sector continues to step up, with hundreds of millions of VC dollars pouring into oncology ventures so far in 2025. While there has been a recent victory in the Senate to restore $15 million for the Pancreatic Cancer Research Program (PCARP), the prior elimination of the only federal program dedicated solely to researching pancreatic cancer served as a stark reminder of these ongoing funding challenges. This dynamic is setting the stage for a “flight to quality” among investors, who are now more than ever looking for innovative leaders with strong pipelines and clear paths to regulatory execution, a key milestone that can separate a promising biotech from a potential breakthrough like Oncolytics Biotech Inc. (NASDAQ: ONCY) (TSX: ONC), ProPhase Labs, Inc. (NASDAQ: PRPH), IO Biotech, Inc. (NASDAQ: IOBT), Olema Pharmaceuticals, Inc. (NASDAQ: OLMA), and PDS Biotechnology Corporation (NASDAQ: PDSB).

According to a report from Global Market Insights, the global oncology market was estimated at US$345.1 billion in 2025, and while growing at an impressive 10.8% CAGR, is projected to reach US$866.1 billion by 2034 — with $377.1 billion of that coming from the USA alone. Even more optimistic is a report from Vision Research Reports, which sees the global cancer drug sector surpassing US$900 billion in sales by 2034.

Oncolytics Biotech Inc. (NASDAQ: ONCY) (TSX: ONC) has officially entered the most critical phase of its development journey—pursuing a potential registration-enabling trial in first-line metastatic pancreatic ductal adenocarcinoma (mPDAC) for its flagship asset, pelareorep.

In its latest Q2 2025 report, the company confirmed it has begun formal discussions with the U.S. Food and Drug Administration (FDA) aimed at finalizing a pivotal study design, with trial start-up activities expected to begin as early as Q4 2025.

For investors and potential partners, this represents a clear transition from promising clinical data to potential regulatory approval in one of medicine’s most challenging cancer types.

“We have turned the corner from proof-of-concept studies and will be sprinting toward regulatory clarity for the remainder of the year,” said Jared Kelly, CEO of Oncolytics. “As we shore up our intellectual property, get a clear registration path for pelareorep, and allow our GOBLET data to mature, we will establish our position as the only platform immunotherapy in gastrointestinal tumors.”

The strategic focus on mPDAC reflects both compelling clinical results and a significant market opportunity. Pelareorep is a systemically delivered oncolytic virus designed to convert immunologically “cold” tumors—those typically invisible to the immune system—into “hot” tumors that can respond to immunotherapy. In first-line pancreatic cancer studies, pelareorep-based regimens have demonstrated a notable 21.9% two-year overall survival rate, compared to a 9.2% historical benchmark for standard chemotherapy alone.

Even more compelling, when pelareorep was combined with chemotherapy and a checkpoint inhibitor, researchers recorded a 62% objective response rate—particularly significant given that checkpoint inhibitors are not currently approved for use in this indication. These results stem from pelareorep’s dual mechanism: it both replicates within cancer cells and activates the body’s immune response against tumors.

“This robust data set, amassed from several studies in cancers that have historically resisted immunotherapeutic approaches, provides definitive validation of pelareorep’s immune-mediated mechanism of action,” said Dr. Thomas Heineman, Chief Medical Officer of Oncolytics. “We observed tumor biopsy-confirmed virus replication, immune cell activation, and the recruitment of cytotoxic T cells into the TME—all consistent with the durable responses observed in patients with metastatic PDAC and HR+/HER2- breast cancer who were treated with pelareorep.”

Translational data from the GOBLET and AWARE-1 studies demonstrate how pelareorep transforms the tumor microenvironment, increasing PD-L1 expression, heightening interferon signaling, and mobilizing tumor-infiltrating lymphocytes in the blood—changes that correlate with tumor size reduction. This mechanistic validation, combined with survival data from over 1,100 patients across multiple studies, has solidified the company’s decision to prioritize this indication.

Oncolytics’ execution-focused strategy is being led by Jared Kelly and Andrew Aromando, who both played key roles in Ambrx Biopharma’s US$2 billion acquisition by Johnson & Johnson. Kelly was appointed CEO earlier this year, while Aromando recently joined as Chief Business Officer. In line with their focus on capital efficiency, the company has terminated its At-the-Market and Equity Line of Credit facilities, citing sufficient resources to advance key milestones without near-term shareholder dilution.

Regulatory advantages are already in place to accelerate development. Pelareorep holds Fast Track and Orphan Drug designations for pancreatic cancer from the FDA, meaning the agency has already recognized both the drug’s potential and the serious unmet need in this patient population. These statuses streamline review processes and enhance the program’s attractiveness to potential pharmaceutical partners.

The context underscores the opportunity: pancreatic cancer remains one of the deadliest common cancers, with a five-year survival rate of less than 14%. Unlike other cancers where immunotherapies have transformed treatment, mPDAC has largely resisted immunotherapeutic approaches—making pelareorep’s immune-activating mechanism particularly promising for this underserved patient population.

Back in July, Oncolytics hosted a key opinion leader event featuring gastrointestinal cancer experts who reviewed survival outcomes for patients and biomarker validation. The expert panel reinforced the view that pelareorep’s mechanism of activating innate and adaptive immune responses is both biologically sound and commercially relevant for first-line mPDAC treatment.

With this latest milestone, Oncolytics is entering a phase where FDA feedback will shape both clinical plans and potential commercial partnerships. If the agency accepts the company’s proposed trial framework centered on an overall survival endpoint, the resulting study could provide definitive proof of pelareorep’s market potential in mPDAC.

The company expects to provide an updated clinical timeline in Q3 2025, with trial start-up activities potentially beginning as early as Q4 2025. With compelling survival data, regulatory designations in place, and an experienced leadership team driving execution, Oncolytics is positioning pelareorep for a pivotal test in one of oncology’s most challenging and underserved markets.


CONTINUED… Read this and more news for Oncolytics Biotech at:
  https://equity-insider.com/2025/03/18/is-oncolytics-biotech-the-markets-most-undervalued-cancer-opportunity/ 

In other recent industry developments and happenings in the market include:

ProPhase Labs, Inc. (NASDAQ: PRPH) announced it received a U.S. patent for its BE-Smart test that can detect early signs of Barrett’s esophageal cancer, a deadly disease that kills most patients because it’s usually caught too late. The test works with simple brush and forceps biopsies and achieved over 95% accuracy in clinical testing, potentially allowing doctors to catch this cancer when it’s still treatable.

“This achievement, coming on the heels of our BE-Smart validation demonstrating greater than a 95% technical success rate and dual compatibility with both brush and forceps biopsies, solidifies our leadership in medical innovation and brings us one step closer to transforming early detection and treatment strategies for this serious condition,” said Ted Karkus, CEP of ProPhase. “With this newly issued patent, we believe we are well positioned to accelerate commercialization and broaden clinical access to BE-Smart.”

ProPhase’s breakthrough could save thousands of lives by identifying patients at high risk for esophageal cancer before the disease becomes incurable, representing a major advancement in early cancer detection.

IO Biotech, Inc. (NASDAQ: IOBT) recently announced that its experimental cancer vaccine (Cylembio) meaningfully extended the time before advanced melanoma patients got worse, with patients living 19.4 months without disease progression compared to 11 months for those on standard treatment alone. The vaccine works by training the immune system to attack both cancer cells and the cells that help tumors hide from treatment, and it showed particularly strong results in patients whose tumors were PD-L1 negative and unlikely to respond to current immunotherapies.

“In this study, we observed a highly encouraging improvement in progression free survival and consistent trend in overall survival in patients treated with Cylembio,” said Mai-Britt Zocca, PhD, President and CEO of IO Biotech. “The magnitude and durability of clinical effect observed consistently across subgroups supports our confidence in Cylembio and its potential as a treatment for advanced melanoma patients. We look forward to engaging with the FDA to determine a potential path to approval based on these data.”

IO Biotech plans to meet with the FDA this fall to discuss approval for this treatment that could become a new standard of care for the deadliest form of skin cancer.

Olema Pharmaceuticals, Inc. (NASDAQ: OLMA) reported progress on its experimental breast cancer pill called palazestrant, which is designed to completely block estrogen signals that fuel most breast cancers and is currently being tested in two large Phase 3 trials expected to finish in 2026.

“Having achieved regulatory alignment on the selected dose for our pivotal palazestrant program during the second quarter, we are focused on accelerating enrollment in OPERA-01, which is on track for top-line data in the second half of 2026,” said Sean P. Bohen, M.D., Ph.D., President and CEO of Olema. “Palazestrant’s demonstrated activity and combinability with multiple compounds offers the potential for it to become a best-in-class, backbone endocrine therapy for metastatic breast cancer.”

The company is also developing OP-3136, a pill that targets a different pathway cancer cells use to grow and spread, with early results expected in 2026. Olema’s drugs are designed to work where current treatments fail, potentially offering hope to the thousands of breast cancer patients whose tumors eventually become resistant to existing therapies.

PDS Biotechnology Corporation (NASDAQ: PDSB) reported promising results from a colorectal cancer study where its experimental treatment achieved impressive response rates, leading to expansion of the trial to treat more patients with this hard-to-treat cancer.

“Our second quarter of 2025 and recent weeks have been a productive period for PDS Biotech, highlighted by the continued progress in our VERSATILE-003 Phase 3 clinical trial,” said Frank Bedu-Addo, Ph.D., President and CEO of PDS Biotech. “We look forward to publishing the full data set for this trial later this year, as we continue to progress our VERSATILE-003 trial, the only registrational stage trial specifically targeting HPV16-positive HNSCC patients.”

The company’s lead program targets head and neck cancers caused by HPV, the same virus that is a major cause of cervical cancer, and is currently being tested in the only late-stage trial specifically designed for these patients. PDS Biotech’s approach uses its immune-boosting technology to help the body’s natural defenses better recognize and destroy cancer cells, potentially offering new hope for patients with limited treatment options.

Source:
https://equity-insider.com/2025/03/18/is-oncolytics-biotech-the-markets-most-undervalued-cancer-opportunity/ 

CONTACT:

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(604) 265-2873


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Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for Oncolytics Biotech Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares of Oncolytics Biotech Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Oncolytics Biotech Inc. which were purchased in the open market, and reserve the right to buy and sell, and will buy and sell shares of Oncolytics Biotech Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved by Oncolytics Biotech Inc.; this is a paid advertisement, we currently own shares of Oncolytics Biotech Inc. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles.

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Cloudastructure and Flex Security’s Mobile Surveillance Trailer Alpha™ Wins “Project Management Solution of the Year” at 2025 PropTech Breakthrough Awards; Recognized as Breakthrough Innovation in Construction Security

Proptech Breakthrough Awards

PALO ALTO, CA, Aug. 14, 2025 (GLOBE NEWSWIRE) — Cloudastructure, Inc. (Nasdaq: CSAI) (“we,” “us,” “our,” “Cloudastructure” or the “Company”) an award-winning leader in AI Surveillance and Remote Guarding, today announced that its Alpha™ platform—developed in partnership with Flex Security, a division of RVMP®—has been named “Project Management Solution of the Year” for construction in the 5th Annual PropTech Breakthrough Awards. The program, conducted by PropTech Breakthrough, a leading independent market intelligence organization, recognizes the world’s most innovative real estate technology companies and solutions.

Alpha™ is a fully autonomous, solar-powered AI mobile surveillance trailer that seamlessly integrates Cloudastructure’s AI surveillance and remote guarding platform with advanced hardware from RVMP® Flex Security. Designed for rapid deployment, live monitoring, and effective crime deterrence, Alpha is ideal for construction sites, storage facilities, auto dealerships, parking lots, events, and disaster relief zones.

Alpha™ Features at a Glance:

  • 3 HD PTZ cameras on a 27-foot mast
  • Live HD horn for real-time intervention
  • Programmable floodlights and strobe deterrents
  • Upgradeable LiDAR and thermal imaging
  • Solar-powered with automatic generator backup
  • 24/7 live streaming capability
  • 450-foot IR detection—2x industry-leading range

Alpha is powered by Cloudastructure’s award-winning AI Surveillance and Remote Guarding platform, which offers:

  • A centralized dashboard providing a unified view of all locations for seamless scalability
  • Advanced AI-driven analytics for enhanced threat detection and operational insight
  • Rapid search capabilities to quickly locate critical footage
  • A secure, enterprise-grade network architecture
  • Fully integrated remote guarding for real-time intervention

This combination ensures that 100% of all footage is continuously monitored by AI, while remote human guards respond only to AI-generated alerts. The result is greater efficiency, stronger crime deterrence, and reduced labor costs. Additional capabilities include virtual patrols, detailed incident reporting, and comprehensive forensic investigations.

“Alpha is redefining security with unmatched mobile video surveillance, backed by our AI and Remote Guarding platform, which delivers a 98% deterrence rate and stops crime in real time,” said James McCormick, CEO of Cloudastructure. “We are honored to receive the ‘Project Management Solution of the Year’ award from PropTech Breakthrough and to share this recognition with our partners at Flex Security. Our commitment remains to provide end-to-end surveillance solutions that detect threats, deter crime, and send thieves running.”

“As we look ahead, our mission remains clear: to deliver advanced, end-to-end surveillance solutions that detect threats early, deter criminal activity, protect assets, and ultimately send thieves running. Alpha represents not just the next step, but a major leap forward in mobile surveillance technology.”

“Alpha sets a new standard in security. In construction, theft is a given, – with valuable goods stored outdoors estimated to range up to $1 billion annually. Despite 15 years of mobile surveillance trailers, stopping crime in real time remains a challenge,” said Bryan Vaughn, Managing Director of PropTech Breakthrough Awards. “Alpha meets the relentless security challenges of construction theft in a manner that previous trailers could not. With its AI-driven Remote Guarding and advanced hardware, from both Cloudastructure and Flex Security, property owners can detect and respond to suspicious activity in real time, significantly reducing theft and vandalism no matter the environment.” 

The PropTech sector is rapidly redefining how people buy, sell, manage, and experience real estate, transforming one of the world’s largest asset classes. From AI-driven property insights and digital transaction platforms to smart building technologies and sustainability solutions, PropTech is delivering greater efficiency, transparency, and sustainability. 

The mission of the annual PropTech Breakthrough Awards program is to shine a spotlight on the innovators and trailblazers who are not only keeping pace with this dynamic industry – but actively driving it forward. By conducting one of the PropTech industry’s most rigorous evaluations of technology companies and solutions, reviewing thousands of award nominations each year, PropTech Breakthrough aims to inspire further innovation and help propel the real estate industry into a smarter, more connected, and sustainable future.

ABOUT CLOUDASTRUCTURE

Headquartered in Palo Alto, California, Cloudastructure’s advanced award-winning security platform utilizes a scalable cloud-based architecture that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, and a seamless remote guarding solution. The combination enables enterprise businesses to achieve proactive, end-to-end security, and pairs that platform with an attractive value proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support. With Cloudastructure, companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously achieving up to a 75% lower Total Cost of Ownership than other systems.

For more information, visit https://www.cloudastructure.com/.

About Flex Security

Flex Security, a division of RVMP®, specializes in mobile security solutions, leveraging RVMP’s expertise in solar and generator technology to deliver reliable, innovative products. Its tagline, “Always On Guard™,” reflects its mission to stop crime before it happens.

About PropTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the PropTech Breakthrough Awards program is devoted to honoring excellence in technologies, services, companies and products that empower remote work and distributed teams around the globe. The PropTech Breakthrough Awards program provides a forum for public recognition around the achievements of technology companies and solutions in categories including messaging & communication, project management, virtual events, team collaboration, virtual offices, collaborative design and more. For more information visit PropTechBreakthrough.com.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose

Media Contact:

Kathleen Hannon
Sr. Communications Director
Cloudastructure, Inc.
[email protected]
(704) 574-3732

Investor Contact:

Crescendo Communications, LLC
212-671-1020
[email protected]

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LiveOne (Nasdaq: LVO) Launches Bitcoin Partnership with ARCA Utilizing $10.2M Capital Raise

  • LiveOne purchases multimillion-dollar position in Bitcoin at an average price $117,885 per coin
  • Leveraging ARCA’s track record to manage Bitcoin yield strategy
  • Anchorage Digital provides secure custody and management of the digital assets
  • Board of Directors committed up to $500M to grow Bitcoin holdings

LOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) — LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, today announced that it has purchased Bitcoin as part of the company’s previously announced crypto long-term treasury yield management strategy.

Robert Ellin, Chairman and CEO of LiveOne commented, “This investment in Bitcoin represents a strategic step in our treasury yield strategy and our ongoing belief in digital assets’ long-term potential.”

About LiveOne

Headquartered in Los Angeles, CA, LiveOne (Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. LiveOne’s subsidiaries include Slacker, PodcastOne (Nasdaq: PODC), PPVOne, Custom Personalization Solutions, LiveXLive, DayOne Music Publishing, Drumify and Splitmind. LiveOne, a dedicated over-the-top application powered by Slacker, is available on iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR’s OTT applications. For more information, visit liveone.com and follow us on FacebookInstagramTikTokYouTube and X at @liveone. For more investor information, please visit ir.liveone.com.

Forward-Looking Statements

All statements other than statements of historical facts contained in this press release are “forward-looking statements,” which may often, but not always, be identified by the use of such words as “may,” “might,” “will,” “will likely result,” “would,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: LiveOne’s reliance on its largest OEM customer for a substantial percentage of its revenue; LiveOne’s ability to consummate any proposed financing, acquisition, spin-out, special dividend, merger, distribution or transaction, the timing of the consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, spin-out, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance shareholder value; LiveOne’s ability to continue as a going concern; LiveOne’s ability to attract, maintain and increase the number of its users and paid members; LiveOne identifying, acquiring, securing and developing content; LiveOne’s ability to implement its recently announced crypto treasury strategy and/or purchase crypto assets from time to time pursuant to such strategy, including for the maximum announced amount; LiveOne’s intent to repurchase shares of its and/or PodcastOne’s common stock from time to time under LiveOne’s announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; LiveOne’s ability to maintain compliance with certain financial and other debt covenants; LiveOne successfully implementing its growth strategy, including relating to its technology platforms and applications; management’s relationships with industry stakeholders; LiveOne’s ability to repay its indebtedness when due; LiveOne’s ability to satisfy the conditions for closing on its announced additional convertible debentures financing; uncertain and unfavorable outcomes in legal proceedings and/or LiveOne’s ability to pay any amounts due in connection with any such legal proceedings; significant legal, commercial, regulatory and technical uncertainty and risks related to Bitcoin, Ethereum and other digital assets; regulatory developments related to crypto assets and crypto asset markets; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of LiveOne’s subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in LiveOne’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 15, 2025, and in LiveOne’s other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and LiveOne disclaims any obligation to update these statements, except as may be required by law. LiveOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

LiveOne Press Contact:

[email protected]

Follow LiveOne on social media: Facebook, Instagram, TikTok, YouTube, and X at @liveone.



Cancer Treatment Stocks Surge as $866B Market Attracts Private Investment

PR Newswire



USA News Group


News Commentary


Issued on behalf of Oncolytics Biotech Inc.


VANCOUVER, BC
, Aug. 14, 2025 /PRNewswire/ — USA News GroupNews Commentary – Federal budget cuts have put pressure on cancer research efforts in the United States, but private investment is helping to fill the gap, with oncology ventures securing hundreds of millions in funding so far in 2025. The Senate’s recent restoration of $15 million for the Pancreatic Cancer Research Program (PCARP) was a win, yet its earlier elimination underscored the fragility of public support. Against this backdrop, investors are zeroing in on companies with standout science, solid pipelines, and clear regulatory strategies, including Oncolytics Biotech Inc. (NASDAQ: ONCY) (TSX: ONC), Iovance Biotherapeutics, Inc. (NASDAQ: IOVA), Fate Therapeutics, Inc. (NASDAQ: FATE), Inovio Pharmaceuticals, Inc. (NASDAQ: INO), and Nektar Therapeutics (NASDAQ: NKTR).

Global Market Insights estimates the global oncology market at US$345.1 billion in 2025 and forecasts it will climb to US$866.1 billion by 2034, growing at a robust 10.8% CAGR. The U.S. alone is expected to contribute $377.1 billion to that total. Vision Research Reports projects an even larger figure for the global cancer drug sector, predicting it will surpass US$900 billion in sales by 2034.

Oncolytics Biotech Inc. (NASDAQ: ONCY) (TSX: ONC) has officially entered the most critical phase of its development journey—pursuing a potential registration-enabling trial in first-line metastatic pancreatic ductal adenocarcinoma (mPDAC) for its flagship asset, pelareorep.

In its latest Q2 2025 report, the company confirmed it has begun formal discussions with the U.S. Food and Drug Administration (FDA) aimed at finalizing a pivotal study design, with trial start-up activities expected to begin as early as Q4 2025.

For investors and potential partners, this represents a clear transition from promising clinical data to potential regulatory approval in one of medicine’s most challenging cancer types.

“We have turned the corner from proof-of-concept studies and will be sprinting toward regulatory clarity for the remainder of the year,” said Jared Kelly, CEO of Oncolytics. “As we shore up our intellectual property, get a clear registration path for pelareorep, and allow our GOBLET data to mature, we will establish our position as the only platform immunotherapy in gastrointestinal tumors.”

The strategic focus on mPDAC reflects both compelling clinical results and a significant market opportunity. Pelareorep is a systemically delivered oncolytic virus designed to convert immunologically “cold” tumors—those typically invisible to the immune system—into “hot” tumors that can respond to immunotherapy. In first-line pancreatic cancer studies, pelareorep-based regimens have demonstrated a notable 21.9% two-year overall survival rate, compared to a 9.2% historical benchmark for standard chemotherapy alone.

Even more compelling, when pelareorep was combined with chemotherapy and a checkpoint inhibitor, researchers recorded a 62% objective response rate—particularly significant given that checkpoint inhibitors are not currently approved for use in this indication. These results stem from pelareorep’s dual mechanism: it both replicates within cancer cells and activates the body’s immune response against tumors.

“This robust data set, amassed from several studies in cancers that have historically resisted immunotherapeutic approaches, provides definitive validation of pelareorep’s immune-mediated mechanism of action,” said Dr. Thomas Heineman, Chief Medical Officer of Oncolytics. “We observed tumor biopsy-confirmed virus replication, immune cell activation, and the recruitment of cytotoxic T cells into the TME—all consistent with the durable responses observed in patients with metastatic PDAC and HR+/HER2- breast cancer who were treated with pelareorep.”

Translational data from the GOBLET and AWARE-1 studies demonstrate how pelareorep transforms the tumor microenvironment, increasing PD-L1 expression, heightening interferon signaling, and mobilizing tumor-infiltrating lymphocytes in the blood—changes that correlate with tumor size reduction. This mechanistic validation, combined with survival data from over 1,100 patients across multiple studies, has solidified the company’s decision to prioritize this indication.

Oncolytics’ execution-focused strategy is being led by Jared Kelly and Andrew Aromando, who both played key roles in Ambrx Biopharma’s US$2 billion acquisition by Johnson & Johnson. Kelly was appointed CEO earlier this year, while Aromando recently joined as Chief Business Officer. In line with their focus on capital efficiency, the company has terminated its At-the-Market and Equity Line of Credit facilities, citing sufficient resources to advance key milestones without near-term shareholder dilution.

Regulatory advantages are already in place to accelerate development. Pelareorep holds Fast Track and Orphan Drug designations for pancreatic cancer from the FDA, meaning the agency has already recognized both the drug’s potential and the serious unmet need in this patient population. These statuses streamline review processes and enhance the program’s attractiveness to potential pharmaceutical partners.

The context underscores the opportunity: pancreatic cancer remains one of the deadliest common cancers, with a five-year survival rate of less than 14%. Unlike other cancers where immunotherapies have transformed treatment, mPDAC has largely resisted immunotherapeutic approaches—making pelareorep’s immune-activating mechanism particularly promising for this underserved patient population.

Back in July, Oncolytics hosted a key opinion leader event featuring gastrointestinal cancer experts who reviewed survival outcomes for patients and biomarker validation. The expert panel reinforced the view that pelareorep’s mechanism of activating innate and adaptive immune responses is both biologically sound and commercially relevant for first-line mPDAC treatment.

With this latest milestone, Oncolytics is entering a phase where FDA feedback will shape both clinical plans and potential commercial partnerships. If the agency accepts the company’s proposed trial framework centered on an overall survival endpoint, the resulting study could provide definitive proof of pelareorep’s market potential in mPDAC.

The company expects to provide an updated clinical timeline in Q3 2025, with trial start-up activities potentially beginning as early as Q4 2025. With compelling survival data, regulatory designations in place, and an experienced leadership team driving execution, Oncolytics is positioning pelareorep for a pivotal test in one of oncology’s most challenging and underserved markets.


CONTINUED… Read this and more news for Oncolytics Biotech at:
  https://usanewsgroup.com/2023/10/02/the-most-undervalued-oncolytics-company-on-the-nasdaq/ 

In other recent industry developments and happenings in the market include:

Iovance Biotherapeutics, Inc. (NASDAQ: IOVA) reported strong Q2 2025 results with $60 million in total product revenue, driven primarily by its breakthrough melanoma therapy Amtagvi, which treated over 100 patients in the second quarter.

“Growth for Amtagvi and Proleukin will continue in the second half of 2025 as existing ATC growth continues and large community practices begin treating patients,” said Frederick Vogt, Ph.D., J.D., Interim President and CEO of Iovance. “We expect our first ex-U.S. regulatory approval imminently and remain on track to provide updates on our clinical programs.”

The company’s tumor-infiltrating lymphocyte (TIL) therapy—which uses a patient’s own immune cells to fight cancer—generated $54.1 million in revenue and represents the first FDA-approved T-cell therapy for solid tumors, offering new hope for advanced melanoma patients who have tried other treatments without success.

With expanded clinical trials planned for lung cancer and endometrial cancer, plus international approvals expected in Canada and other markets, Iovance is positioned to bring its innovative cancer treatment to patients worldwide.

Fate Therapeutics, Inc. (NASDAQ: FATE) recently announced promising clinical progress for its off-the-shelf CAR T-cell therapy FT819, which showed lasting responses in lupus patients and received FDA clearance to begin trials for a solid tumor program targeting MICA/B proteins. While primarily focused on autoimmune diseases, the company’s next-generation FT836 CAR T-cell therapy represents a significant advancement in cancer treatment as it’s designed to target solid tumors without requiring harsh conditioning chemotherapy, potentially making the treatment safer and more accessible.

“Building on this momentum, we are also working closely with the FDA under our RMAT designation with the goal of commencing our registrational study for FT819 in SLE and LN in 2026,” said Bob Valamehr, Ph.D., MBA, President and CEO of Fate Therapeutics.

“Additionally, we continue to strengthen our broader pipeline programs with an extended partnership with Ono Pharmaceuticals, and advancements in bringing our next-generation, off-the-shelf CAR T cells with Sword and Shield™ technology toward the clinic.”

The company’s stem cell-based platform continues to advance multiple programs, including partnerships for HER2-positive solid tumors, positioning Fate as a leader in developing ready-made cancer cell therapies.

Inovio Pharmaceuticals, Inc. (NASDAQ: INO) remains on track to submit its application for INO-3107 in the second half of 2025, targeting Recurrent Respiratory Papillomatosis (RRP), a rare cancer-related condition caused by HPV that affects the airways. The company’s DNA medicine platform represents a novel approach to treating HPV-related diseases and cancers, with INO-3107 showing significant clinical benefit by reducing the need for repeated surgeries in RRP patients from an average of 4.1 procedures annually to just 0.9 procedures.

“We believe that INO-3107 could become the preferred treatment option for Recurrent Respiratory Papillomatosis (RRP) patients and their physicians—a treatment option with the potential to change the trajectory of this disease,” said Dr. Jacqueline Shea, President and CEO of INOVIO. “I look forward to building on the significant progress of this past quarter and providing updates as we work toward a potential approval date in mid-2026.”

Beyond RRP, Inovio’s technology platform is designed to treat various HPV-related cancers and other tumors by teaching the body’s immune system to recognize and fight cancer cells. With breakthrough therapy designation from the FDA and plans for a trial involving 100 patients, INO-3107 could become the first DNA-based therapy approved for treating this serious cancer-related condition.

Nektar Therapeutics (NASDAQ: NKTR) reported impressive Phase 2b data for rezpegaldesleukin in treating moderate to severe atopic dermatitis, with the company positioning this immune system regulator as a first-in-class treatment for autoimmune diseases. While primarily focused on autoimmune conditions, Nektar’spipeline includes NKTR-255, a treatment designed to boost the immune system’s ability to fight cancer, which is being tested in multiple ongoing clinical trials with various partners.

“As a first-in-class, T regulatory cell biologic, rezpegaldesleukin is poised to become an important novel mechanism to treat millions of patients with autoimmune disorders,” said Howard W. Robin, President and CEO of Nektar. “Finally, we are making significant progress on advancing preclinical studies with a new bispecific antibody, NKTR-0166, which combines the TNFR2 epitope with a validated antibody target.”

The company’s technology platform creates novel treatments that could potentially address both autoimmune diseases and cancer by enhancing the immune system’s cancer-fighting abilities. With additional data expected from hair loss trials in December 2025 and continued development of next-generation programs, Nektar is advancing a unique approach to immune system therapy that could benefit millions of patients with serious diseases.

Source:
https://usanewsgroup.com/2024/09/21/is-oncolytics-biotech-the-markets-most-undervalued-cancer-opportunity/ 

CONTACT:


USA NEWS GROUP 


[email protected]


(604) 265-2873


DISCLAIMER:
Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for Oncolytics Biotech Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares of Oncolytics Biotech Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Oncolytics Biotech Inc. which were purchased in the open market, and reserve the right to buy and sell, and will buy and sell shares of Oncolytics Biotech Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved by Oncolytics Biotech Inc.; this is a paid advertisement, we currently own shares of Oncolytics Biotech Inc. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. 
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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Crypto Treasury Revolution: How $47B Corporate Shift Creates New Investment Opportunities

PR Newswire


Equity Insider

News Commentary


Issued on behalf of CEA Industries, Inc.


VANCOUVER, BC
, Aug. 14, 2025 /PRNewswire/ — Equity InsiderNews Commentary – The corporate crypto revolution has moved from experiment to mainstream strategy, as public companies poured $47.3 billion into digital assets in 2025 alone, significantly outpacing ETF inflows of $31.7 billion and signaling a fundamental shift in how businesses manage their treasuries. This institutional embrace has been accelerated by regulatory clarity, with pro-crypto policies and the passage of legislation like the CLARITY Act creating a pathway for traditional corporations to treat digital assets as legitimate reserve holdings. Leading research firm DWF Ventures published comprehensive analysis showing that 14 major public companies now collectively hold $76 billion in digital assets, with $40 billion deployed in just the past year alone. The momentum shows no signs of slowing, as over 60 public companies have now confirmed cryptocurrency positions on their balance sheets, spanning everything from tech giants to entertainment companies, and pointing the market towards innovative crypto-focused companies including CEA Industries, Inc. (NASDAQ: BNC), BIT Mining Limited (NYSE: BTCM), Upexi, Inc. (NASDAQ: UPXI), Bitcoin Depot Inc. (NASDAQ: BTM), and Canaan Inc. (NASDAQ: CAN).

Mordor Intelligence forecasts the global cryptocurrency market will surge from $2.96 trillion in 2025 to $7.98 trillion by 2030, representing a robust 30.1% CAGR driven by institutional adoption and regulatory frameworks. Meanwhile, Grand View Research projects the cryptocurrency infrastructure market will expand from $5.70 billion in 2024 to $11.71 billion by 2030 at a 13.1% CAGR, reflecting the growing demand for institutional-grade crypto treasury solutions that these pioneering companies are racing to capture.

CEA Industries, Inc. (NASDAQ: BNC) isn’t your typical cryptocurrency story. While other companies scrambled to catch the Bitcoin wave or jumped on the latest trend, this Colorado-based firm made a calculated bet that could reshape how institutional investors think about digital assets.

In August 2025, CEA Industriescompleted a massive $500 million private placement specifically earmarked for one purpose: building the world’s largest corporate treasury of BNB tokens. The company immediately signaled its commitment by changing its ticker symbol from VAPE to BNC, reflecting its new identity as the premier publicly traded gateway to the BNB ecosystem.

But what exactly is BNB? Think of it as the fuel that powers one of the world’s busiest blockchain networks. BNB (originally called Binance Coin) is the native cryptocurrency of the BNB Chain ecosystem, which processes millions of transactions daily for everything from trading and payments to smart contracts and decentralized applications.

Unlike Bitcoin, which primarily serves as digital gold, BNB has real-world utility baked into its design. Users can stake it to earn rewards, pay transaction fees at discounted rates, and participate in the growing decentralized finance (DeFi) ecosystem. Perhaps most importantly, BNB features a quarterly “auto-burn” mechanism that permanently removes tokens from circulation, creating built-in scarcity that could benefit long-term holders.

Here’s where CEA Industries gets interesting. The company didn’t just raise money and hope for the best. They assembled what might be the most impressive crypto-focused management team on Wall Street.

David Namdar, co-founder of Galaxy Digital (one of the largest crypto investment firms), stepped in as CEO. Russell Read, former Chief Investment Officer at CalPERS (managing over $400 billion in assets) and Deputy CIO of Deutsche Bank Asset Management, joined as CIO. The board welcomed Hans Thomas, founding partner of 10X Capital, the firm managing BNC’s treasury strategy.

This isn’t a group of crypto newcomers making speculative bets. These are seasoned financial professionals who’ve managed billions of dollars and understand institutional-grade risk management.

The results speak for themselves. In August 2025, BNCannounced the purchase of 200,000 BNB tokens worth approximately $160 million, officially making it the largest corporate holder of BNB globally. This wasn’t just a headline grab—it demonstrated the company’s ability to execute on its strategy quickly and at scale.

The timing appears strategic. While BNB consistently ranks among the top five cryptocurrencies by market capitalization, most U.S. investors still can’t buy it directly through traditional brokerage accounts. CEA Industries recognized this gap and positioned itself as the solution, offering regulated, SEC-compliant access to BNB exposure without the complexity of crypto wallets or exchange accounts.

The company’s financial backing adds credibility to its mission. The $500 million raise attracted over 140 institutional and crypto-native investors, including Pantera Capital, Arche Capital, ExodusPoint Capital Management, and Blockchain.com. Cantor Fitzgerald & Co. served as lead financial advisor, bringing Wall Street expertise to the strategy.

What sets BNC apart from other crypto treasury companies is its singular focus. While competitors diversify across multiple digital assets, CEA Industries made an all-in bet on BNB Chain’s ecosystem growth. The company believes this focused approach will allow it to capture maximum value as institutional adoption accelerates.

The potential upside follows historical patterns. When MicroStrategy adopted Bitcoin as its primary treasury asset in 2020, the stock gained nearly 2,000% at its peak. Similar treasury strategies by companies like Janover (Solana) and MetaPlanet (Bitcoin) produced dramatic stock price moves following their announcements.

CEA Industries has positioned itself to potentially benefit from this same dynamic, but with an asset that powers one of the most active blockchain ecosystems on Earth. With plans to deploy the remaining treasury capital and potential access to an additional $750 million through warrant exercises, BNC appears built for the long game in an ecosystem that’s just getting started.


CONTINUED… Read this and more news for CEA Industries at:
  https://equity-insider.com/2025/08/13/beat-wall-street-to-the-trade-that-500-million-just-backed/

BIT Mining Limited (NYSE: BTCM) announced its strategic expansion into the Solana ecosystem on July 10, 2025, marking a significant shift from traditional Bitcoin mining to building a robust SOL treasury worth up to $300 million.

“While we continue to make progress in our crypto mining operations, we have strategically shifted our focus to actively explore opportunities within the Solana ecosystem,” remarked Mr. Xianfeng Yang, CEO of BIT Mining. “This move reflects our commitment to capturing broader market potential and aligning with emerging trends that can drive long-term value and growth for the Company.”

The cryptocurrency mining company plans to raise between $200-300 million in phases to convert existing crypto holdings into SOL tokens while also operating validator nodes to support network decentralization and earn staking rewards. This strategic transformation positions BIT Mining to capture emerging opportunities in the rapidly growing Solana blockchain ecosystem, leveraging its existing infrastructure and technical expertise to create sustainable shareholder value.

Upexi, Inc. (NASDAQ: UPXI) announced it surpassed 2 million SOL tokens in its treasury as of August 4, 2025, representing a massive 172% increase from 735,692 SOL at the end of June following a $200 million capital raise.

“July was a game-changing month for Upexi, particularly with respect to accretive capital raises and a resulting drastic increase in our Solana treasury,” said Allan Marshall, CEO of Upexi. “During the month, we raised over $200 million and grew our Solana holdings by over 172% to 2 million SOL. And we continued to generate additional value for shareholders via an estimated 8% staking yield and additional purchases of discounted locked Solana.”

The brand owner turned crypto treasury company now holds approximately $334 million worth of Solana tokens, with substantially all coins being staked to earn roughly 8% annual yield, generating about $65,000 per day in revenue. Upexi has positioned itself as a pure-play Solana investment vehicle for public market investors, trading at attractive valuations relative to its underlying SOL holdings while benefiting from built-in gains through purchasing locked SOL at discounted prices.


Bitcoin Depot Inc.
(NASDAQ: BTM) reported strong Q2 2025 financial results on August 12, 2025, with revenue growing 6% year-over-year to $172.1 million and net income surging 183% to $12.3 million driven by expanded kiosk deployment and higher transaction volumes. The leading Bitcoin ATM operator, which operates over 8,800 kiosk locations across 47 states, significantly improved profitability with Adjusted EBITDA jumping 46% to $18.5 million while strengthening its balance sheet to nearly $60 million in cash and digital assets.

“With nearly $60 million in cash and digital assets, we are well-positioned to capitalize on growth opportunities, both in the U.S. and internationally,” said Brandon Mintz, Founder and CEO of Bitcoin Depot. “Looking ahead, we remain focused on scaling efficiently and delivering sustained value for our customers and shareholders.”


Bitcoin Depot
 also strategically added to its Bitcoin treasury holdings, bringing total Bitcoin reserves to 100.35 BTC, while simplifying its corporate structure and providing guidance for continued high-single-digit revenue growth in Q3 2025.

Canaan Inc. (NASDAQ: CAN) reported July 2025 production results showing the Bitcoin mining company mined 89 bitcoins during the month while increasing its total Bitcoin holdings to 1,511 BTC as part of its newly adopted cryptocurrency holding policy.

“We’re pleased to report quarter-over-quarter improvement in our bitcoin mining performance, with monthly production resulting in 89 bitcoins, driven by a stronger bitcoin price and lower average power costs,” said Nangeng Zhang, Chairman and CEO of Canaan. “In line with our recently announced Cryptocurrency Holding Policy, we retain bitcoins acquired through our daily operations as a long-term reserve asset. This policy allows us to accumulate bitcoin, and our total holdings at month-end were 1,511 bitcoins.”

The mining hardware manufacturer and operator faced some operational challenges with deployed hashrate declining to 7.95 EH/s and operating hashrate at 6.24 EH/s, primarily due to planned exits from underperforming hosting sites in favor of better-performing partners. Canaan continues to strengthen its position in the mining industry with recent major orders from public mining companies like Cipher Mining and CleanSpark, while maintaining operations across multiple regions including America, Kazakhstan, and other international locations.


Article Sources:

https://equity-insider.com/2025/08/13/beat-wall-street-to-the-trade-that-500-million-just-backed/ 

CONTACT:

Equity Insider


[email protected]

(604) 265-2873


DISCLAIMER:
Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed by Equity Insider on behalf of Market IQ Media Group Inc. (“MIQ”). MIQ has been paid a fee for CEA Industries Inc. advertising and digital media from Creative Digital Media Group (“CDMG”). There may be 3rd parties who may have shares of CEA Industries Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of CEA Industries Inc. but reserve the right to buy and sell, and will buy and sell shares of CEA Industries Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved on behalf of CEA Industries Inc. by CDMG; this is a paid advertisement, we currently own shares of CEA Industries Inc. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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SOURCE Equity Insider

Elder Bray & Bankler Advises on Sale of Dynamic Systems to Quanta Services

PR Newswire


SAN ANTONIO
, Aug. 14, 2025 /PRNewswire/ — Corporate law firm Elder Bray & Bankler PC recently advised FGI Group, Inc. on its sale of Dynamic Systems to Quanta Services, Inc. (NYSE: PWR) for an upfront purchase price of $1.35 billion, and a potential earnout of up to $216 million. The upfront purchase price was paid in a mix of cash and publicly-traded stock of Quanta.

Founded in 1988 and headquartered in Austin, Texas, Dynamic Systems, one of the largest mechanical solutions providers in the country, is a premier, turnkey mechanical, plumbing and process infrastructure solutions provider with a diversified customer base and exposure to the attractive and growing technology, semiconductor, healthcare and other load center markets. Quanta is a leading provider of comprehensive infrastructure solutions for the electric and gas utility, renewable energy, technology, communications, pipeline and energy industries in the United States, Canada, Australia and select other international markets.

Elder Bray & Bankler provided comprehensive legal counsel to FGI Group throughout the transaction, including deal structuring, negotiation, and regulatory guidance.  The Elder Bray team was led by Scott Bankler and Jake McCloy, with key support from Matt Augustyn, Jake Pylman, Chip Sugg, and Austin Baker Wiese.

Elder Bray & Bankler is a Texas-based corporate law firm focused on complex business transactions, mergers and acquisitions and private equity. With decades of experience, the firm combines deep legal knowledge with a practical, business-minded approach to help clients achieve successful outcomes.

For more information regarding the transaction, please see Quanta’s press release.

For more information, please contact:
Laura Boulanger
[email protected]
P: 210 424 4520

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SOURCE Elder Bray & Bankler

Security National Financial Corporation Reports Financial Results for the Quarter Ended June 30, 2025

SALT LAKE CITY, Aug. 14, 2025 (GLOBE NEWSWIRE) — Security National Financial Corporation (SNFC) (NASDAQ symbol “SNFCA”) announced financial results for the quarter ended June 30, 2025. For the three months ended June 30, 2025, SNFC’s after tax earnings decreased 10% from $7,271,000 in 2024 to $6,506,000 in 2025. For the six months ended June 30, 2025, after tax earnings decreased 26% to $10,845,000 from $14,746,000 in 2024.

Scott M. Quist, President of the Company, said:

“Annualizing our first half results we achieved an 8% Return On Equity (ROE) and while that is below our 13.3% 10 year average ROE, I believe that to be a credible performance given that roughly 1/3 of our revenue and equity is in the still very troubled mortgage industry. It demonstrates the financial balance and resiliency of our combined businesses. Our teams have been working diligently and effectively, and we believe we have the correct strategies and people in place to return to and exceed our averages over time as markets rationalize and as our new sales teams have sufficient opportunity to effect results. By way of illustration, if our Mortgage Segment were breakeven we would add 2 percentage points to our existing 8% ROE and obviously more as it becomes profitable. We believe our newly increased life insurance premium rates will add 1.5 percentage points of ROE over the shorter term, and potentially more over the longer term. Improvement in our death care sales, which we believe we are improving, will have a similar effect. Thus, while decreases to YOY net income or decreased ROE are never our goal, we have seen and continue to see improved performance and quality which I believe will translate into financial results over time. We have spent heavily and have expended much effort this past year to retain first and then recruit improved sales, sales support, and executive talent in all of our segments. I am very impressed with the talent that is continuing with us and which has joined us over the past year. In a nutshell, we have greatly improved our team.

“Approaching our financial results by time periods, while SNFC earnings are down $5.1MM vis a vis H1 2024, $4MM, or 80%, of that decrease occurred in Q1 with only $1.1MM occurring in Q2. So, relatively speaking, vis a vis 2024, our Q2 results showed greater strength than Q1.

“Looking at our Life Segment, Q2 profit is actually $1MM ahead of Q2 2024 profit. That profit improvement was achieved primarily through increased investment income. While our investment income was up in Q2 mainly due to profits realized through our builder relationship investments, we are seeing weakness in new home sales particularly in starter homes that have dampened anticipated builder profit splits this year. Nevertheless, in this environment we believe the proper course is to continue to invest in future growth and profitability. For example, this year we have made a gross additional investment of approximately $50MM in our residential land holdings. No income is recognized on that invested asset until either a lot is sold or vertical construction is commenced. If we had kept that money in our regular investment portfolios we would have increased our current year ROE by about 1 percentage point, or approximately $2MM of additional current income. We simply believe that deploying that money into residential land holdings and builder relationships will give us higher future yields, albeit at the sacrifice of current income. These are not short-term investments or strategies, but instead their inherent nature requires a medium to longer term view. Our premium revenue is up by 2%, or in my mind basically flat, and we are working hard to change that. While noting that premium revenue is flat, the margin on new first year premium writings is up significantly due to our increase in premium rates. We are still demanding premium revenue growth from ourselves and this month have changed our VP of Life Sales as an illustrative example of our efforts. Flat, albeit more profitable, premium revenue is simply not consistent with our goal of growth.

“Our Cemetery and Mortuary Segment is down $1.2MM vis a vis 1H 2024, but in a pattern similar to the Life Segment, $900k of that decrease was in Q1 and only $300K was in Q2, with Q2 therefore being a relatively stronger quarter. Analyzing the activity beneath the numbers we know that while our total service count is modestly up, our traditional service count is down and cremations are up (although we should note the percentage of cremations with services is up). Nationwide the cremation rate is now above 50%, so some of our results are market influenced since cremation services simply don’t have the same revenue as traditional services. But, our results also reflect a need for us to improve our collective sales skills to convey value. Our preneed land sales lag 2024, and land sales are arguably the greatest driver of profitability. In that vein, similar to the Life Segment, we reorganized our executive sales staff this year and are expecting, and are seeing, improved sales as our new leaders settle into their responsibilities. I am very pleased with the quality and efforts of our people.

“Our Mortgage Segment profitability (loss) was flat vis a vis Q1 2024, but in a pattern opposite to the Life and Cemetery and Mortuary Segments, fell behind 2024 by $1.8MM in Q2. We believe the profit weakness in Q2 was due primarily to increased commission expense. Some, if not most, of that commission expense increase was due to recruiting costs, which we believe will bear fruit into the future. We believe we are performing on par on loan production income metrics with our competitors in the industry, based upon our publicly traded peers into which we can see operational results. While we work very hard to differentiate our services, and do offer some proprietary balance sheet products and strategies, much of the mortgage market is a homogeneous product and thus margins to a degree are market driven.   It is too early to say definitively, but we believe that in Q1 we increased our market share, but also appear to have given some of that market share gain back in Q2 despite having increased our commission expense. Similar to the Life and Memorial Segments, this year we have reorganized about 40% of our Executive Sales management. I am very pleased with the quality of our people and they are working extremely hard. To me it is axiomatic that greater effort has to be, and in my view is being, expended in tough markets even though the profit results may be less. I am appreciative of those efforts and note that we were profitable in 2 of the 6 months of H1. Due to the symbiotic relationship our business segments have, some of the investment success we enjoy in the Life Segment is due to the efforts of our Mortgage Segment. Thus, while I believe in analyzing our businesses by segment, they are all very much a part of the whole. The mortgage market is still a very troubled environment with cost rationalization requiring a continuing effort, if not in fact an increased focus, if that is possible, as we have already been laser focused on those efforts for the last several years.”  

SNFC has three business segments. The following table shows the revenues and earnings before taxes for the three months ended June 30, 2025, as compared to 2024, for each of the three business segments:

       
  Revenues   Earnings before Taxes
    2025     2024         2025       2024      
Life Insurance $ 51,525,000   $ 47,237,000   9.1 %   $ 8,214,000     $ 7,165,000     14.6 %
                       
Cemeteries/Mortuaries $ 8,140,000   $ 8,278,000   (1.7 %)   $ 1,794,000     $ 2,091,000     (14.2 %)
                       
Mortgages $ 29,876,000   $ 30,276,000   (1.3 %)   $ (1,671,000 )   $ 134,000     1,347.0 %
                       
Total $ 89,541,000   $ 85,791,000   4.4 %   $ 8,337,000     $ 9,390,000     (11.2 %)
                       
                       
For the six months ended June 30, 2025:
                       
  Revenues   Earnings before Taxes
    2025     2024         2025       2024      
Life Insurance $ 100,811,000   $ 97,208,000   3.7 %   $ 13,541,000     $ 15,694,000     (13.7 %)
                       
Cemeteries/Mortuaries $ 16,260,000   $ 17,065,000   (4.7 %)   $ 4,032,000     $ 5,144,000     (21.6 %)
                       
Mortgages $ 55,210,000   $ 52,706,000   4.8 %   $ (3,666,000 )   $ (1,829,000 )   100.4 %
                       
Total $ 172,281,000   $ 166,979,000   3.2 %   $ 13,907,000     $ 19,009,000     (26.8 %)
                       

Net earnings per common share was $.42 for the six months ended June 30, 2025, compared to net earnings of $.52 per share for the prior year and book value per common share was $14.35 as of June 30, 2025, compared to $13.76 as of December 31, 2024, after adjustments for the effect of annual stock dividends

The Company has two classes of common stock outstanding, Class A and Class C. There were 24,713,575 Class A equivalent shares outstanding as of June 30, 2025.

An earnings call will commence at approximately 1PM (MDT) on August 15th and will include a review of its 2nd Quarter results as well as an update from the Company’s three business segments. Shareholders may access the earnings call by clicking the link below:

https://investor.securitynational.com/news-and-events/events-and-presentations

The earnings call can also be accessed directly from the Company’s website under “Events” on the Investor Relations page.

If there are any questions, please contact Mr. Garrett S. Sill or Mr. Scott Quist at:

  Security National Financial Corporation
P.O. Box 57250
Salt Lake City, Utah 84157
Phone (801) 264-1060
Fax (801) 264-8430
   

This press release contains statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Security National Financial Corporation and its business. The predictions in the statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.



RxSight, Inc. (RXST) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

PR Newswire


LOS ANGELES
, Aug. 14, 2025 /PRNewswire/ — The Law Offices of Frank R. Cruz announces that investors with losses related to RxSight, Inc. (“RxSight” or the “Company”) (NASDAQ: RXST) have opportunity to lead the securities fraud class action lawsuit.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN RXSIGHT, INC. (RXST), CLICK HERE BEFORE SEPTEMBER 22, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

 What Is The Lawsuit About?
The complaint filed alleges that, between November 7, 2024 and July 8, 2025, Defendants failed to disclose to investors that: (1) the Company was experiencing “adoption challenges” and/or structural issues resulting in declines in sales and utilization; (2) Defendants had overstated the demand for RxSight’s products; (3) as a result, RxSight was unlikely to meet its own previously issued financial guidance for fiscal year 2025; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz, 
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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SOURCE The Law Offices of Frank R. Cruz, Los Angeles

Bodily Injury Costs Increase in Florida, According to Mercury Insurance

PR Newswire


Mercury’s New Umbrella Insurance Better Protects


Floridians’ Personal Wealth Against Bodily Injury Claims


LOS ANGELES
, Aug. 14, 2025 /PRNewswire/ — Multi-vehicle crashes, dog bites or a delivery person being injured on your property are some of the unexpected events that are putting Floridians’ personal financial health at risk. In fact, bodily injury payouts continue to climb year over year since the pandemic started, with the average amount for a liability claim increasing by 35%, according to Mercury Insurance (NYSE: MCY). 

The recent trend of rising liability injury claims for home and auto owners that exceed traditional policy limits has moved Mercury to unveil an all-new personal umbrella insurance policy for Floridians that offers extra protection with bolstered coverages beginning at just over $1 a day.

Per Forbes Magazine, an umbrella insurance policy can be an excellent addition to your insurance portfolio if you need liability coverage that goes beyond what your base car insurance or home insurance policies provide. Umbrella insurance is a good way to cover your net worth if you were to get hit with a lawsuit.

The state of Florida is the seventh launch of this expanded insurance product for Mercury Insurance, after California, Texas, Oklahoma, Illinois, Arizona and Georgia. You can learn more about this unique coverage at Mercury Umbrella Insurance.

“Mercury Insurance offers Floridians additional protection from lawsuits,” said Nick Colby, VP and Chief Sales Officer at Mercury Insurance. “Without this supplemental coverage, your home and car could be at risk.”

A cautionary tale for all is that of a Mercury policyholder who had kept the same limits and coverages since college, even though his personal wealth had increased significantly. The policyholder, who later became a doctor, never thought about umbrella coverage until he hit a moped with his automobile, severely injuring the rider. The rider subsequently engaged a lawyer, and the Mercury insured ended up having to pay out of pocket for damages that were well beyond his auto policy limit of $25,000

“This resulted in payments deducted from his salary for a number of years until the settlement was paid off,” Colby said. 

Key features of Mercury’s significantly updated umbrella product include: 

  • 3-year Accident and Violation Free Discount: A 5% discount is given to all drivers on the Mercury policy with no losses or accidents during the last three years.

  • Uninsured Motorist Coverage: Uninsured motorist coverage up to $1 million in the event of an accident caused by a driver who does not have insurance.

  • Increased Liability: Policyholders can increase their liability coverage from $1 million to $2 million, depending upon policyholder coverage needs.

“At Mercury, our umbrella policies provide very tailored extra protection depending on your needs. These policies are perfect for those who want to protect their homes and valuables against unexpected legal judgments and those looking for a quick payday,” stated Colby.

About Mercury Insurance 

Mercury Insurance (NYSE: MCY) is a multiple-line insurance carrier predominantly offering personal auto, homeowners, renters and commercial insurance through a network of independent agents in Arizona, California, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia, as well as auto insurance in Florida. Mercury writes other lines of insurance in various states, including commercial, business owners and business auto, landlord, home-sharing, ride-hailing and mechanical protection insurance.

Since 1962, Mercury has provided customers with tremendous value for their insurance dollar by pairing ultra-competitive rates with excellent customer service, through more than 4,200 employees and a network of more than 6,340 independent agents in 11 states. Mercury has earned an “A” rating from A.M. Best, as well as “Best Auto Insurance Company” designations from Forbes and Insure.com. For more information visit www.MercuryInsurance.com or follow the company on X, Instagram or Facebook.

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SOURCE Mercury Insurance

Sable Offshore Corp. (SOC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

PR Newswire


LOS ANGELES
, Aug. 14, 2025 /PRNewswire/ — Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Sable Offshore Corp. (“Sable” or the “Company”) (NYSE: SOC).

IF YOU SUFFERED A LOSS ON YOUR SABLE INVESTMENTS, CLICK HERE
BEFORE SEPTEMBER 26, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT

What Is The Lawsuit About?

The complaint filed alleges that, between May 19, 2025 and June 3, 2025, Defendants failed to disclose to investors that: (1) Defendants represented that Sable Offshore Corp. had restarted oil production off the coast of California when it had not; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email:  [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased. 

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us: 

Glancy Prongay & Murray LLP,  
1925 Century Park East, Suite 2100,
Los Angeles, CA 90067
Charles Linehan
Email:  [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sable-offshore-corp-soc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302529666.html

SOURCE Glancy Prongay & Murray LLP