Market Newsdesk

DALLAS
, March 10, 2025 /PRNewswire/ — Braemar Hotels & Resorts Inc. (NYSE: BHR) (“Braemar” or the “Company”) today announced that it has closed on a refinancing involving five hotels. The new loan totals $363 million and has a two-year initial term with three one-year extension options, subject to the satisfaction of certain conditions, taking the final maturity to 2030. The loan is interest only and provides for a floating interest rate of SOFR + 2.52%. The loan is secured by five hotels:  The Clancy, The Notary Hotel, Marriott Seattle Waterfront, Sofitel Chicago Magnificent Mile, and The Ritz-Carlton Reserve Dorado Beach.  The $363 million loan amount represents a 48.9% loan-to-value based on third-party appraisals completed by the lender. The appraisals valued the hotels at $742.2 million based on the sum of their “as-is” values. The new loan refinanced the $293.2 million loan secured by The Clancy, The Notary Hotel, Marriott Seattle Waterfront, and Sofitel Chicago Magnificent Mile which had an interest rate of SOFR + 2.66% and had a final maturity date in June of 2025 and the $62 million loan secured by The Ritz-Carlton Reserve Dorado Beach which had an interest rate of SOFR + 4.75% and had a final maturity date in March of 2026.

“We are pleased to announce the closing of this financing at a very attractive spread,” said Richard J. Stockton, Braemar’s President and Chief Executive Officer. “This financing addresses our only remaining final debt maturity for 2025 and not only results in a lower cost of capital for the debt on these assets, but also improves our maturity schedule and extends our weighted average maturity.”

Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

Forward-Looking Statements

Certain statements and assumptions in this press release contain or are based upon “forward-looking” information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include, among others, statements about the Company’s strategy and future plans. These forward-looking statements are subject to risks and uncertainties. When we use the words “will likely result,” “may,” “anticipate,” “estimate,” “should,” “expect,” “believe,” “intend,” or similar expressions, we intend to identify forward-looking statements. Such statements are subject to numerous assumptions and uncertainties, many of which are outside Braemar’s control.

These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation: our ability to repay, refinance or restructure our debt and the debt of certain of our subsidiaries; anticipated or expected purchases or sales of assets; our projected operating results; completion of any pending transactions; risks associated with our ability to effectuate our dividend policy, including factors such as operating results and the economic outlook influencing our board’s decision whether to pay further dividends at levels previously disclosed or to use available cash to pay dividends; our understanding of our competition; market trends; projected capital expenditures; the impact of technology on our operations and business; general volatility of the capital markets and the market price of our common stock and preferred stock; availability, terms and deployment of capital; availability of qualified personnel; changes in our industry and the markets in which we operate, interest rates or the general economy; and the degree and nature of our competition. These and other risk factors are more fully discussed in Braemar’s filings with the Securities and Exchange Commission.

The forward-looking statements included in this press release are only made as of the date of this press release. Such forward-looking statements are based on our beliefs, assumptions, and expectations of our future performance taking into account all information currently known to us. These beliefs, assumptions, and expectations can change as a result of many potential events or factors, not all of which are known to us. If a change occurs, our business, financial condition, liquidity, results of operations, plans, and other objectives may vary materially from those expressed in our forward-looking statements. You should carefully consider this risk when you make an investment decision concerning our securities. Investors should not place undue reliance on these forward-looking statements. The Company can give no assurance that these forward-looking statements will be attained or that any deviation will not occur. We are not obligated to publicly update or revise any forward-looking statements, whether as a result of new information, future events or circumstances, changes in expectations, or otherwise, except to the extent required by law.

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SOURCE Braemar Hotels & Resorts, Inc.

Net Sales Increased 6.0% and Gross Profit Increased 24.6% Compared to Same Period in Prior Year

ROANOKE, Va.
, March 10, 2025 /PRNewswire/ — Optical Cable Corporation (Nasdaq GM: OCC) (“OCC^®” or the “Company”) today announced financial results for its first quarter of fiscal year 2025 ended January 31, 2025.

First Quarter 2025 Financial Results

Consolidated net sales for the first quarter of fiscal year 2025 increased 6.0% to $15.7 million, compared to $14.9 million for the same period in the prior year. OCC experienced increases in net sales in both its enterprise and specialty markets during the first quarter of fiscal year 2025, compared to the first quarter of fiscal year 2024. The market environment generally improved in the Company’s first quarter, with particular strength noted in OCC’s military markets.

Net sales to customers outside of the United States increased 21.3% and net sales to customers in the United States increased 2.3% in the first quarter of fiscal year 2025, compared to the same period last year. At the end of the first quarter of fiscal year 2025, the Company’s sales order backlog/forward load increased to $6.6 million when compared to $5.7 million as of October 31, 2024.

Gross profit increased 24.6%, or $913,000, to $4.6 million in the first quarter of fiscal year 2025, compared to $3.7 million for the same period in fiscal year 2024, as a result of production efficiencies created by increased volumes and the resulting positive impact of OCC’s operating leverage.

Gross profit margin, or gross profit as a percentage of net sales, was 29.4% in the first quarter of fiscal year 2025, compared to 25.0% in the first quarter of fiscal year 2024.

SG&A expenses increased to $5.5 million in the first quarter of fiscal year 2025, compared to $5.1 million for the first quarter of fiscal year 2024, primarily as a result of employee and contracted sales personnel-related costs. SG&A expenses as a percentage of net sales were 34.7% in the first quarter of fiscal year 2025, compared to 34.3% in the prior year period.

For the first quarter of fiscal year 2025, OCC recorded a net loss of $1.1 million, or $0.14 per basic and diluted share, compared to a net loss of $1.4 million, or $0.18 per basic and diluted share, for the first quarter of fiscal year 2024.

Management’s Comments

Neil Wilkin, President and Chief Executive Officer of OCC, said, “I’m proud of the OCC team, which delivered a strong start to fiscal year 2025 in a dynamic market environment. During our first fiscal quarter, we achieved growth across key metrics including net sales and gross profit. We have strong momentum in our enterprise and specialty markets, including the military sector. Our focus on executing our growth strategies and operating efficiently will drive results this year, including gross profit margin expansion with increased volume. Looking ahead, OCC’s backlog is growing, and we are poised to capitalize on growth opportunities and drive long-term value for our customers and shareholders.”

Conference Call Information

As previously announced, OCC will host a conference call today, March 10, 2025, at 11:00 a.m. Eastern Time. Individuals wishing to participate in the conference call should call (800) 445-7795 in the U.S. or (785) 424-1699 internationally, Conference ID: OCCQ125. For interested individuals unable to join the call, a replay will be available through Monday, March 17, 2025, by dialing (800) 839-2385 or (402) 220-7203. The call will also be broadcast live over the internet and can be accessed by visiting the investor relations section of the Company’s website at www.occfiber.com. 

Company Information

Optical Cable Corporation (“OCC^®“) is a leading manufacturer of a broad range of fiber optic and copper data communication cabling and connectivity solutions primarily for the enterprise market and various harsh environment and specialty markets (collectively, the non-carrier markets) and also the wireless carrier market, offering integrated suites of high-quality products which operate as a system solution or seamlessly integrate with other components.

OCC^® is internationally recognized for pioneering innovative fiber optic and copper communications technologies, including fiber optic cable designs for the most demanding environments and applications, copper connectivity designs to meet the highest data communication industry standards, as well as a broad product offering built on the evolution of these fundamental technologies.

OCC uses its expertise to deliver cabling and connectivity products and integrated solutions that are best suited to the performance requirements of each end-user’s application. And OCC’s solutions offerings cover a broad range of applications—from commercial, enterprise network, datacenter, residential and campus installations to customized products for specialty applications and harsh environments, including military, industrial, mining, petrochemical and broadcast applications, as well as for the wireless carrier market.

Founded in 1983, OCC is headquartered in Roanoke, Virginia with offices, manufacturing and warehouse facilities located in Roanoke, Virginia, near Asheville, North Carolina and near Dallas, Texas. OCC’s facilities are ISO 9001:2015 registered and its Dallas facility is MIL-STD-790G certified.

Optical Cable Corporation™, OCC^®, Procyon^®, Superior Modular Products™, SMP Data Communications™, Applied Optical Systems™, and associated logos are trademarks of Optical Cable Corporation.

Further information about OCC^® is available at www.occfiber.com.

FORWARD-LOOKING INFORMATION

This news release by Optical Cable Corporation and its subsidiaries (collectively, the “Company” or “OCC”) may contain certain forward-looking information within the meaning of the federal securities laws. The forward-looking information may include, among other information, (i) statements concerning our outlook for the future, (ii) statements of belief, anticipation or expectation, (iii) future plans, strategies or anticipated events, and (iv) similar information and statements concerning matters that are not historical facts. Such forward-looking information is subject to known and unknown variables, uncertainties, contingencies and risks that may cause actual events or results to differ materially from our expectations, and such known and unknown variables, uncertainties, contingencies and risks may also adversely affect Optical Cable Corporation and its subsidiaries, the Company’s future results of operations and future financial condition, and/or the future equity value of the Company. A partial list of such variables, uncertainties, contingencies and risks that could cause or contribute to such differences from our expectations or that could otherwise adversely affect Optical Cable Corporation and its subsidiaries is set forth in Optical Cable Corporation’s quarterly and annual reports filed with the Securities and Exchange Commission (“SEC”) under the heading “Forward-Looking Information.” OCC’s quarterly and annual reports are available to the public on the SEC’s website at www.sec.gov. In providing forward-looking information, the Company expressly disclaims any obligation to update this information, whether as a result of new information, future events or otherwise except as required by applicable laws and regulations.

(Financial Tables Follow)

 

 

 

 

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SOURCE Optical Cable Corporation

Quest disrupts the Protein Shakes category with new Protein Milkshake packed with an industry leading 45 grams of protein per bottle.

DENVER
, March 10, 2025 /PRNewswire/ — Quest Nutrition announced today the launch of its latest innovation, Quest™ Protein Milkshakes, a protein-powered collection of ready-to-drink beverages, each containing a category-high 45g of protein, while minimizing sugar and carbohydrates, and delivering great taste. This marks Quest’s second product launch of the year, further expanding its lineup of protein forward offerings. In February, Quest released Overload Bars, a line of protein bars containing tasty mix-ins such as toffee bits and chocolatey chunks to elevate the protein game with a sweet twist.

About Quest™ Protein Milkshakes: 

• Features 45g of high bioavailability complete protein from ultrafiltered milk.
• 2 grams of sugar and 4 grams or less of net carbs.
• Delivers the rich, milkshakey indulgence you crave.
• Available in delicious Chocolate, Vanilla and Strawberry flavors.

About Quest™ Overload Bars: 

• 20 grams of protein, 1 gram of sugar and 4 grams or less of net carbs.
• Loaded with crunchy mix-ins like sprinkles, chocolatey chips, cookie pieces, peanuts, toffee and more.
• Available in decadent Sundae Funday, Chocolate Explosion and Cookie Commotion flavors.

These latest innovations have further elevated Quest Nutrition as an industry leader in creating protein forward products, that also deliver delightfully sweet and indulgent flavors with satisfying textures, making it easier than ever for fitness enthusiasts and sweet-tooth snackers to enjoy their favorite flavors.

“At Quest, we’re constantly pushing the boundaries to create products that are big on protein, without compromising on flavor, as seen in our recent Bake Shop line,” said Stuart Heflin, SVP and General Manager at Quest Nutrition. “And now, we’re thrilled to expand on this by entering a brand-new territory with our Protein Milkshakes, offering our fans even more delicious options that fuel them with 45g of protein, the highest protein in this category on the market.”

Quest™ Protein Milkshakes and Quest™ Overload Bars are available now at questnutrition.com, Amazon, and retailers nationwide.

High-resolution images and product samples are available upon request. For more information visit QuestNutrition.com, or follow Quest Nutrition on Facebook, Instagram, TikTok and Pinterest.

About The Simply Good Foods Company

 The Simply Good Foods Company (Nasdaq: SMPL), headquartered in Denver, Colorado, is a consumer packaged food and beverage company that is bringing nutritious snacking with ambitious goals to raise the bar on what food can be with trusted brands and innovative products. Our product portfolio consists primarily of protein bars, ready-to-drink (RTD) shakes, sweet and salty snacks, and confectionery products marketed under the Atkins™, Quest™, and OWYN™ brands. We are a company that aims to lead the nutritious snacking movement and is poised to expand our healthy lifestyle platform through innovation, organic growth, and investment opportunities in the snacking space. To learn more, visit http://www.thesimplygoodfoodscompany.com.

The Quest™ brand aims to revolutionize snacking by providing products that are big on protein, low on sugar and huge on taste. The current product line is inclusive of bars, salty snacks, cookies, candy, shakes, protein powders and pizza. To learn more, visit QuestNutrition.com.

Media Contact

Alyssa Cordero

[email protected]

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SOURCE Simply Good Foods USA, Inc.

The multiyear agreement extends Topgolf deals and discounts to Verizon customers

DALLAS
, March 10, 2025 /PRNewswire/ — Modern golf entertainment leader Topgolf and Verizon, the largest wireless carrier in the United States, have officially teed up a game-changing partnership that brings exclusive perks and experiences to Verizon customers across the country.

Verizon customers are set to score big thanks to the multiyear agreement featuring seasonal discounts, unique event packages and exclusive gift card promotions – all available through the Verizon Access program in the Verizon app. From local deals to VIP-worthy experiences, this collaboration ensures that Verizon customers can enjoy all the excitement of Topgolf for less.

What’s the Big Deal?

For Verizon customers, it’s a surefire opportunity to elevate their Topgolf experience. With a quick tap in the Verizon app, Players can unlock limited-time deals throughout the year such as:

• Anytime Deals: Snag limited-time local discounts on gameplay to enjoy Topgolf’s unmatched blend of golf, food and fun.
• Local Passes: Score seasonal offers on event packages and gift cards – ideal for both everyday outings and special celebrations.
• Big Tickets: Gain access to VIP event experiences and personalized hospitality experiences, perfect for making unforgettable moments.

What He Said

Rodney Ferrell, VP Global Partnerships: “We’re thrilled to partner with Verizon to share Topgolf’s unique style of play with their 114 million U.S. customers. Together, we’re making it easier than ever for Players to enjoy everything Topgolf has to offer while creating even more memorable moments.”

The Fun Starts Now

Verizon customers can start taking advantage of these exclusive offers today by heading to the Verizon Access tab in the Verizon app. New offers will be rotated over the coming year. Whether Players are looking to perfect their swing, celebrate with friends or just vibe over Topgolf’s legendary eats and drinks, Verizon and Topgolf are giving them even more reasons to play.

Topgolf and Verizon partnered with OVG Global Partnerships on the collaboration. Learn more about Topgolf offers available through Verizon at www.verizon.com/my-access-rewards.

About Topgolf

A Topgolf Callaway Brands Corp. (NYSE: MODG) brand, Topgolf is the ultimate instigator of play. We offer a variety of tech-driven games – powered by industry-leading Toptracer technology – a top-tier food and drink menu (ahem, injectable donut holes), and a vibe focused on more play for all throughout our 100+ global outdoor venues. Topgolf is on a mission to enable Players to hit 50 billion golf balls between 2022 and 2025. To learn more or to make plans to come play around, visit topgolf.com.

About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

For further information: [email protected]

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SOURCE Topgolf

BRIDGEWATER, N.J.
, March 10, 2025 /PRNewswire/ — Insmed Incorporated (Nasdaq: INSM), a people-first global biopharmaceutical company striving to deliver first- and best-in-class therapies to transform the lives of patients facing serious diseases, today announced the granting of inducement awards to 18 new employees. In accordance with NASDAQ Listing Rule 5635(c)(4), the awards were approved by Insmed’s Compensation Committee and made as a material inducement to each employee’s entry into employment with the Company.

In connection with the commencement of their employment, the employees received options on March 7, 2025 to purchase an aggregate 47,960 shares of Insmed common stock at an exercise price of $74.89 per share, the closing trading price on the Nasdaq Global Select Market on the date of grant.

The options have a 10-year term and a four-year vesting schedule, with 25% of the shares subject to the option vesting on the first anniversary of the relevant grant date and 12.5% of the shares subject to the option vesting every six months thereafter through the fourth anniversary of the relevant grant date, subject to the relevant employee’s continued service with Insmed on the applicable vesting date.

About Insmed

Insmed Incorporated is a people-first global biopharmaceutical company striving to deliver first- and best-in-class therapies to transform the lives of patients facing serious diseases. The Company is advancing a diverse portfolio of approved and mid- to late-stage investigational medicines as well as cutting-edge drug discovery focused on serving patient communities where the need is greatest. Insmed’s most advanced programs are in pulmonary and inflammatory conditions, including a therapy approved in the United States, Europe, and Japan to treat a chronic, debilitating lung disease. The Company’s early-stage programs encompass a wide range of technologies and modalities, including gene therapy, AI-driven protein engineering, protein manufacturing, RNA end-joining, and synthetic rescue.

Headquartered in Bridgewater, New Jersey, Insmed has offices and research locations throughout the United States, Europe, and Japan. Insmed is proud to be recognized as one of the best employers in the biopharmaceutical industry, including spending four consecutive years as the No. 1 Science Top Employer. Visit www.insmed.com to learn more.

Contact:

Investors:

Bryan Dunn

Vice President, Investor Relations
(646) 812-4030
[email protected]

Michael V. Morabito, Ph.D.
Director, Investor Relations
(917) 936-8430
[email protected]

Gianna De Palma

Manager, Investor Relations
(848) 360-1281
[email protected]

Media:
Mandy Fahey
Vice President, Corporate Communications
(732) 718-3621
[email protected]

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SOURCE Insmed Incorporated

LOS ANGELES
, March 10, 2025 /PRNewswire/ — Ispire Technology Inc. (NASDAQ: ISPR) (“Ispire,” the “Company,” “we,” “us,” or “our”), an innovator in vaping technology and precision dosing, today announced its participation in the 37^th Annual ROTH Conference to be held on March 16-18, 2025 in Dana Point, California.

Ispire’s Co-CEO, Michael Wang, will participate in a fireside chat on Tuesday, March 18, 2025, at 1:00pm PST / 4:00pm EST. A live webcast of their discussion will be available to view here.

Additionally, management will hold 1×1 meetings with institutional investors during the conference.

For more information or to schedule a meeting with management, please contact ROTH MKM or email [email protected].

About Ispire Technology Inc.

Ispire is engaged in the research and development, design, commercialization, sales, marketing, and distribution of branded e-cigarettes and cannabis vaping products. The Company’s operating subsidiaries own or license more than 200 patents received or filed globally. Ispire’s tobacco products are marketed under the Aspire brand name and are sold worldwide (except in the U.S., People’s Republic of China and Russia) primarily through its global distribution network. The Company’s cannabis products are marketed under the Ispire brand name primarily on an original design manufacturer (ODM) basis to other cannabis vapor companies. Ispire sells its cannabis vaping hardware only in the U.S., and it recently commenced its marketing activities in Canada and Europe. For more information, visit www.ispiretechnology.com or follow Ispire on  Instagram, LinkedIn, Twitter and YouTube. Any information contained on, or that can be accessed through, the Company’s website, any other website or any social media, is not a part of this press release.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (“Securities Act”) as well as Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “will,” “should,” “would,” “could,” “seek,” “intend,” “plan,” “goal,” “project,” “estimate,” “anticipate,” “strategy,” “future,” “likely” or other comparable terms, although not all forward-looking statements contain these identifying words. All statements other than statements of historical facts included in this press release regarding the Company’s strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements. Such forward-looking statements include, but are not limited to, risks and uncertainties including those regarding: the Company’s ability to collect its accounts receivable in a timely manner, the Company’s business strategies, the ability of the Company to market to the Ispire ONE™, Ispire ONE’s success if meeting its goals, the ability of its customers to derive the anticipated benefits of the Ispire ONE™ and the success of their products on the markets; the Ispire ONE™ proving to be safe, and the risk and uncertainties described in “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “Cautionary Note on Forward-Looking Statements” and the additional risk described in Ispire’s Annual Report on Form 10-K for the year ended June 30, 2024 and any subsequent filings which Ispire makes with the U.S. Securities and Exchange Commission. You should not rely upon forward-looking statements as predictions of future events. The forward-looking statements made in the press release relate only to events or information as of the date on which the statements are made in the press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.

IR Contacts:

For more information, kindly contact:
Investor Relations
Sherry Zheng
718.213.7386
[email protected] 

KCSA Strategic Communications
Phil Carlson
212.896.1233
[email protected] 

PR Contact:

Ellen Mellody

570.209.2947
[email protected] 

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SOURCE Ispire Technology Inc.

PHOENIX
, March 10, 2025 /PRNewswire/ — SenesTech, Inc. (NASDAQ: SNES, “SenesTech” or the “Company”), a pioneer in fertility control solutions for managing rodent populations, announced today the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase an aggregate of 374,718 shares of the Company’s common stock originally issued by the Company on August 23, 2024, each having an original exercise price of $4.35 per share, at a reduced exercise price of $2.90 per share. In addition, the Company will issue new short-term warrants, as described below. The closing of the warrant exercise transaction is expected to occur on or about March 11, 2025, subject to Stockholder Approval (as defined herein) and satisfaction of customary closing conditions.

H.C. Wainwright is acting as the exclusive placement agent for the transaction.

The aggregate gross proceeds from the exercise of the existing warrants
are expected to be approximately $1.1 million, before deducting placement agent fees and other offering expenses payable by the Company. The potential gross proceeds from the new short-term warrants, if fully exercised on a cash basis, will be approximately $4.3 million. No assurance can be given that any of the new short-term warrants will be exercised. The Company expects to use the net proceeds from the transaction for working capital and general corporate purposes.

The resale of the shares of common stock issuable upon the exercise of the existing warrants has been registered pursuant to an effective registration statement on Form S-3 (File No. 333-282286).

As consideration for the exercise of such existing warrants for cash, the Company will issue new unregistered short-term warrants to purchase up to an aggregate of 1,498,872 shares of common stock at an exercise price of $2.90 per share in a private placement, which will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares of common stock upon exercise of such warrants (the “Stockholder Approval”) and will expire eighteen months following the date of the Stockholder Approval.

The new short-term warrants being offered have not been registered under the Securities Act of 1933, as amended, or under applicable state securities laws. Accordingly, the new short-term warrants and the shares of common stock issuable upon the exercise of the new short-term warrants may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act of 1933, as amended, and such applicable state securities laws.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

About SenesTech

SenesTech is committed to creating healthier environments by humanely managing animal pest populations through fertility control. The company’s groundbreaking products, including Evolve™ rodent birth control, integrate seamlessly into pest management programs, significantly enhancing their effectiveness while reducing reliance on traditional poisons. SenesTech’s mission is to create cleaner cities, more efficient businesses, and healthier communities with products that are humane, effective, and sustainable.

For more information, visit https://senestech.com.

Safe Harbor Statement

This press release contains “forward-looking statements” within the meaning of federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements include, among others, the following: the satisfaction of customary closing conditions, the intended use of proceeds from the offering, the anticipated closing of the offering, the exercise of the new short-term warrants prior to their expiration and the receipt of Stockholder Approval. Forward-looking statements may describe future expectations, plans, results or strategies and are often, but not always, made through the use of words such as “believe,” “may,” “future,” “plan,” “will,” “should,” “expect,” “anticipate,” “eventually,” “project,” “estimate,” “continuing,” “intend” and similar words or phrases. You are cautioned that such statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those reflected by such forward-looking statements. Such factors include, among others, market and other conditions; the successful commercialization of our products; market acceptance of our products; our financial performance, including our ability to fund operations; our ability to maintain compliance with Nasdaq’s continued listing requirements; and regulatory approval and regulation of our products and other factors and risks identified from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2023. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management’s assumptions and estimates as of such date. Except as required by law, we do not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise.

CONTACT: 

Investor Relations: Robert Blum, Lytham Partners, LLC, 602-889-9700, [email protected]

Company: Tom Chesterman, Chief Financial Officer, SenesTech, Inc., 928-779-4143

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SOURCE SenesTech, Inc.

Upgrades Also Include Integration with Apple Health, Manual Post-Workout Logging

PLEASANTON, Calif.
, March 10, 2025 /PRNewswire/ — Movano Health (Nasdaq: MOVE), a pioneer in health technology and maker of the Evie Ring, today announced a series of new data personalization, trend tracking and integration features on the ring’s companion app that expand support for women’s wellness journeys. The enhancements follow January’s beta release of EvieAI, the first wearable-based virtual wellness assistant built exclusively with training data from medical journals.

Available immediately on the iOS version of the Evie app, the new features include:

• Integration with Apple Health – Evie data can now be automatically imported into Apple Health, enabling users to view information from both platforms in one location.
• New 7- and 30-day trend graphs – The app now displays multi-day graphs showing trends for all sleep metrics captured by Evie’s medical-grade sensors – including respiration rate average, resting heart rate, heart rate variability and skin temperature variability plus blood oxygen saturation (Sp02) – as well as for the mood and energy levels that users record in the app’s log. These graphs help consumers better understand their patterns over time.
• Daily basal body temperature logging – Users can now log their BBT daily as part of their journal activity, aiding their cycle tracking efforts.
• Heart rate mapping – The app now provides a graph showing users’ heart rate throughout the day with color-coding indicating hours spent active, inactive and asleep, plus a list of total hours spent in each state, for easy tracking of daily movement.
• Expansion of workout tracking – In addition to logging workouts as they happen, Evie has added the ability to manually add a past workout. This makes it possible to receive credit for calories burned and active minutes even if the user hasn’t worn the ring during exercise.
• Cycle day and phase added to Daily Summary home screen – Evie’s unique at-a-glance Daily Summary of activities and recovery now also includes the user’s menstrual cycle day and phase. This adds to the one-stop value of the home screen, which dynamically displays the user’s activity, steps, calories, sleep and mood in a single graphic that makes it easy to see progress toward pre-set goals.

“Every new feature we add is designed to help women navigate their wellness journey, whether through more personalization, easier trend analysis, or correlations across multiple metrics to provide insights that can help users optimize their daily routines,” said Movano Chief Marketing Officer Tyla Bucher. “These latest upgrades represent the most requested enhancements from the Evie community, and we have many others in the pipeline that will continue to enrich the Evie experience.”

The Evie Ring costs $269 with no subscription fees, keeping costs low over the life of the wearable, and is eligible for HSA/FSA fund reimbursement. It is compatible with both Apple and Android devices, and is available exclusively at www.eviering.com in gold, rose gold and silver finishes and in sizes 5-12 with an optional complimentary sizing kit for those who don’t know their ring size.

About Movano Health 
Founded in 2018, Movano Inc. (Nasdaq: MOVE) dba Movano Health is developing a suite of purpose-driven healthcare solutions to bring medical-grade data to the forefront of wearables. Featuring modern and flexible form factors, Movano Health’s Evie and EvieMED devices offer an innovative approach to delivering trusted data to both customers and enterprises, capturing a comprehensive picture of an individual’s health data and uniquely translating it into personalized and intelligent insights. Movano Health’s proprietary technologies and wearable medical device solutions enable the use of data as a tool to proactively monitor and manage health outcomes. For more information visit https://movanohealth.com/.

Forward Looking Statements

This press release contains forward-looking statements concerning our expectations, anticipations, intentions, beliefs, or strategies regarding the future. These forward-looking statements are based on assumptions that we have made as of the date hereof and are subject to known and unknown risks and uncertainties that could cause actual results, conditions, and events to differ materially from those anticipated. Therefore, you should not place undue reliance on forward-looking statements. Examples of forward-looking statements include, among others, statements we make regarding plans with respect to the commercial launches of the Evie Ring and EvieMED; our expectations regarding potential commercial opportunities and addressable markets; planned cost-cutting initiatives; anticipated FDA clearance decisions with respect to our products; expected future operating results; product development efforts and product releases; clinical trial and regulatory initiatives; commercial partner activities; our strategies, positioning and expectations for future events or performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, and in our other reports filed with the Securities and Exchange Commission, including under the caption “Risk Factors.”  Any forward-looking statement in this release speaks only as of the date of this release. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

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SOURCE Movano

GREENWICH, Conn.
, March 10, 2025 /PRNewswire/ — Strategic Venue Partners (“SVP” or the “Company”), a leading provider of in-building wireless infrastructure in the U.S., announced today the completion of its inaugural 4(a)2 private placement to raise $120 million of debt (the “Notes”) from a syndicate of institutional investors. The capital raise will further strengthen SVP’s market position and enable it to capitalize on the growing demand for mission-critical in-building wireless (“IBW”) infrastructure. The fixed price Notes achieved an investment grade credit rating, representing the first long-term financing of its kind in the industry for an IBW portfolio.

“This inaugural private placement marks the latest step in SVP’s continued growth and institutionalization,” said Justin Marron, CEO of SVP. “The placement is also a milestone for our industry as the first of its kind long-term financing for a portfolio of in-building wireless infrastructure assets. Achieving an investment grade rating further validates the long-term value of our distinctive wireless connectivity-as-a-service model, our mission-critical infrastructure and deep venue and carrier relationships.”

“This innovative financing transaction creates an attractive capital structure for SVP today, as well as providing an efficient vehicle to support its growth plans for the future, given the unique attribute that the structure is portable. SVP’s business plan from day one has been to design, build, own and operate critical utility-like wireless infrastructure. It has been an exceptional twelve months for SVP, as the company welcomed several new esteemed customers while also expanding its infrastructure assets with existing customers. And this transaction highlights one of the key benefits of achieving scale in the IBW sector,” said Marc H. Blair, COO and Senior Managing Director of Tiger Infrastructure Partners (“Tiger”). 

Tiger owns a controlling stake in SVP, and Brookfield Asset Management, one of the largest owners and operators of infrastructure globally, recently became a minority equity investor in the Company.

Proceeds from the debt private placement will be used to re-finance SVP’s existing wireless infrastructure at a portfolio of discrete locations. Concurrently with the transaction, SVP refinanced its existing credit facility to support additional development projects.

TD Securities acted as sole agent on the private placement and left lead arranger and sole bookrunner on the credit facility refinancing.

About SVP

Strategic Venue Partners is a leading provider of in-building wireless connectivity-as-a-service. The company partners with venues and carriers to design, develop, install, own, operate and upgrade bespoke in-building wireless systems, utilizing the latest technologies such as Distributed Antenna Systems, Public Safety Systems, Citizens Broadband Radio Service (OnGo®) / Private LTE, Real Time Location Services, Fiber assets, Wi-Fi and Internet Protocol Television. Our proprietary, utility-based model actively builds a future in which underserved enterprise venues can grow, evolve and ignite their own technological futures through robust network connectivity, without financial barriers and backed by a trusted, consultative partner that is there with them for every step of the way. Join us in unleashing the power of wireless connectivity to optimize your operations and fuel your future growth. Visit www.strategicvenue.com.

About Tiger Infrastructure Partners

Tiger Infrastructure Partners is an innovative private equity firm focused on providing transformational growth capital to middle market infrastructure companies. Tiger Infrastructure’s value-add approach targets growth investments across the Digital Infrastructure, Energy Transition and Transportation sectors in North America and Europe, where Tiger Infrastructure believes strong tailwinds are driving demand for new infrastructure. Tiger Infrastructure maintains offices in New York and London. Visit www.tigerinfrastructure.com.

About Brookfield Asset Management

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager with over $1 trillion of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy.

Media Contact:

Megan Wesley

[email protected] 

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SOURCE Strategic Venue Partners, LLC

FORT LAUDERDALE, Fla.
, March 10, 2025 /PRNewswire/ — Playa Hotels & Resorts N.V. (NASDAQ: PLYA, Playa), a leading owner and operator of all-inclusive resorts in Mexico and the Caribbean proudly announces the grand opening of Wyndham Alltra Punta Cana in the Dominican Republic. This new addition to Playa’s portfolio—and the second Wyndham Alltra in the Dominican Republic—further solidifies the company’s established presence on the island and brings its award-winning, all-inclusive experience to one of the Caribbean’s most vibrant destinations.

Situated along the picturesque shores of Uvero Alto Beach, Wyndham Alltra Punta Cana invites guests to experience the ultimate tropical retreat. This newly reimagined, all-inclusive paradise managed by Playa Hotels & Resort features 620 stylishly appointed rooms, exciting family-friendly amenities, and an enticing array of world-class dining options. Designed for unforgettable getaways, the resort embodies Playa Hotels & Resorts’ signature Service from the Heart®, ensuring every stay is filled with warmth, relaxation, and lasting memories.

“The Dominican Republic has long been a key destination for Playa Hotels & Resorts, and we are thrilled to expand our footprint with the grand opening of Wyndham Alltra Punta Cana,” said Fernando Mulet, Executive Vice President and Chief Investment Officer of Playa Hotels & Resorts. “This addition reinforces our commitment to the island’s thriving tourism sector, offering guests another opportunity to experience our award-winning, all-inclusive hospitality. With our signature Service from the Heart® we look forward to welcoming travelers to this stunning destination and continuing to support the growth of tourism in the region.”

The Wyndham Alltra brand, born from the collaboration between Playa Hotels & Resorts and Wyndham Hotels & Resorts, offers an inviting all-inclusive escape packed with excitement for guests of all ages. At Wyndham Alltra Punta Cana, families can soak up endless fun with exceptional amenities, including one of the Dominican Republic’s largest free-form pools. Beyond the breathtaking beachfront, guests can elevate their stay with workouts at the state-of-the-art fitness center, treatments at the full-service spa, and endless adventures at the lively kids club. This summer, the excitement reaches new heights with the debut of Splash Island Water Park, featuring a lazy river, thrilling high-speed tube slides, and a dynamic kiddie splash zone – all guaranteed to make family memories that last a lifetime.

At Wyndham Alltra Punta Cana, dining is more than just a meal—it’s a journey of flavors with nine exceptional culinary experiences. Guests can indulge in a world of tastes, from gourmet creations at five à la carte restaurants to a vibrant buffet, a laid-back pizzeria, and a cozy café— all with the freedom of no reservations required. The resort’s nine bars and lounges keep the good times flowing with unlimited top-shelf spirits, fine wines, and refreshing beers. Among them, Twisted Olive takes the spotlight, where live entertainment meets artfully crafted cocktails for an unforgettable night of music, laughter, and flavor.

After a day filled with dining and fun, guests can retreat to the fully renovated rooms and suites at Wyndham Alltra Punta Cana, designed with comfort and experience in mind. From standard rooms to expansive suites, each accommodation features a furnished patio, a daily restocked minibar, and complimentary Wi-Fi. The décor reflects the rich colonial heritage of the Caribbean, blending warmth and serenity with vibrant pink, green, and blue accents that echo the beauty of the Punta Cana landscape.

Wyndham Alltra Punta Cana is a sanctuary of all-inclusive comfort, where past and present merge in perfect harmony. For a limited time only, experience Wyndham Alltra Punta Cana at rates as low as $249 per night based on double occupancy plus kids stay free. For more information or to book your all-inclusive stay, visit alltrabyplaya.com.

About Playa Hotels & Resorts
Playa Hotels & Resorts N.V., through its subsidiaries (NASDAQ: PLYA, “Playa”), is a leading owner, operator and developer of all-inclusive resorts in prime beachfront locations in Mexico, Jamaica and the Dominican Republic. Playa currently owns and/or manages a total portfolio consisting of 22 resorts (8,342 rooms) under the following brands: Hyatt Zilara, Hyatt Ziva, Hilton All-Inclusive, Wyndham Alltra, Seadust, Kimpton, Jewel Resorts and The Luxury Collection. Playa leverages years of all-inclusive resort operating expertise and relationships with globally recognized hospitality brands to provide a best-in-class experience and exceptional value to guests, while building a direct relationship to improve customer acquisition cost and drive repeat business. For more information, please visit www.playaresorts.com.

About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of franchised properties, with approximately 9,300 hotels across over 95 countries on six continents.  Through its network of approximately 903,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry.  The Company operates a portfolio of 25 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, ECHO Suites®, Registry Collection Hotels®, Trademark Collection® and Wyndham®.  The Company’s award-winning Wyndham Rewards loyalty program offers approximately 114 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com.  

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SOURCE Playa Management USA, LLC