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Ubiquiti (NYSE:UI) Stock, Chaîne d'Options

UBIQUITI INC

Ubiquiti

Ubiquiti Inc is a wireless and wireline network equipment provider for small Internet service providers and small- and midsize-business integrators. Its product is based on two primary categories namely Service Provider Technology and Enterprise Technology. The company generates maximum revenue from Enterprise Technology. Geographically, it derives a majority of revenue from North America and also has a presence in Europe, the Middle East and Africa; Asia Pacific and South America.

Ubiquiti Inc

SINGAPORE LD GROUP LTD by SINGAPORE LD GROUP LTD

Singapore Land Group Ltd

SINGAPORE LD GRP U/ADR by SINGAPORE LD GROUP LTD

Unisys Corp

UTILICRAFT AEROSPACE INDS by Utilicraft Aerospace Industries, Inc.

Utilicraft Aerospace Industries Inc

VictoryShares Core Intermediate Bond ETF

VictoryShares International Value Momentum ETF

WIIM

KROS

Keros Therapeutics shares are trading higher. The company announced that its board has initiated a formal review process to evaluate strategic alternatives to maximize shareholder value.

SINGAPORE, April 10, 2025 (GLOBE NEWSWIRE) -- Cuprina Holdings (Cayman) Limited ("CUPR" or "the Company"), a biomedical and biotechnology company dedicated to the development and commercialization of products for the management of chronic wounds as well as cosmeceuticals for the health and beauty sector, today announced the pricing of its firm commitment initial public offering of an aggregate 3,000,000 shares of its Class A Ordinary Shares ("the Offering"), all of which are being offered by CUPR at a public offering price of $4.00 per share ("the Offering Price").
The Company has granted the underwriter a 45-day option to purchase up to an additional 450,000 shares of its Class A Ordinary Shares at the Offering Price, representing 15% of the Class A Ordinary Shares sold in the Offering ("the Over-allotment").
Assuming that the Over-allotment is exercised, the Company is expected to receive gross proceeds amounting to $13.80 million, before deducting underwriting discounts and commissions and estimated offering expenses.
The shares are expected to begin trading on the NASDAQ Stock Market LLC under the ticker symbol "CUPR" on April 10, 2025. The Offering is expected to close on April 11, 2025, subject to the satisfaction of customary closing conditions.

News

IPOs

CUPR

Cuprina Holdings Prices IPO of 3,000,000 shares of Class A Ordinary Shares at $4.00/Shr; To Commence Trade On Apr 10 Under Ticker CUPR

Renowned economist Peter Schiff has delivered a scathing assessment of President Donald Trump&#8216;s recent tariff policy, comparing the rollout and the subsequent pause to the catastrophic failure of the 1937 Hindenburg airship disaster.
What Happened: In a post on X post, Schiff argued that Trump's aggressive tariff threats have backfired, exposing vulnerabilities in the U.S. economy and diminishing his negotiating power on the global stage.
Schiff&#8217;s critique highlights the potential consequences of Trump&#8217;s aggressive trade tactics. By implementing sweeping tariffs and then abruptly pausing them, Trump may have signaled to trading partners that his threats are not as credible as initially perceived. This perceived weakness could undermine his negotiating position in future trade talks.
&#8220;Trump reduced himself to a paper tiger,&#8221; added Schiff.
He characterized Trump's tariff rollout as highly flawed, likening it to the "Hindenburg of trial balloons" — a metaphor referencing the 1937 airship disaster that marked a dramatic and tragic end to an era.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If Trump really wanted to use the threat of tariffs to negotiate deals, he substantially weakened his bargaining position by demonstrating how much damage the U.S. would suffer by imposing them. By floating the Hindenburg of trial balloons, Trump reduced himself to a paper tiger.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1910274090679623897?ref_src=twsrc%5Etfw">April 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/government/regulations/25/04/44728276/spy-qqq-call-volumes-spiked-minutes-before-tariff-pause-announcement-alexandria-ocasio-cortez-demands-disclosure-from-congress-members">SPY, QQQ Call Volumes Spiked Minutes Before Tariff Pause Announcement: Alexandria Ocasio-Cortez Demands Disclosure From Congress Members</a>
Why It Matters: The U.S. stock market recovered on Wednesday after Trump paused the tariffs, with the S&amp;P 500 logging its largest single-day gain since 2008. It was also the S&amp;P 500&#8217;s third-biggest one-day gain since 1950.
Bill Ackman, billionaire investor and Pershing Square CEO, <a href="https://www.benzinga.com/news/global/25/04/44723751/billionaire-investor-bill-ackman-praises-trumps-tariff-pause-thank-you-on-behalf-of-all-americans">applauded President Trump&#8217;s 90-day tariff pause</a> for non-retaliating nations, while Trump simultaneously increased tariffs on China to 125%. Ackman expressed his gratitude on X, particularly praising Treasury Secretary Scott Bessent. 
Ray Dalio, the billionaire founder of Bridgewater Associates, <a href="https://www.benzinga.com/25/04/44727235/how-wall-street-and-tech-leaders-reacted-to-trumps-surprise-tariff-stance-reversal">lauded Trump&#8217;s pivot towards trade negotiations</a> over escalating tensions as &#8220;a much better way&#8221; in an X post. He urged the President to secure a deal with China and lower the fiscal deficit to 3% of GDP, suggesting a strategy involving RMB appreciation against the dollar via China selling dollar assets and easing its economic policies to boost demand. 
Notably, the Nasdaq 100 rose to exit the bear territory and was down 13.85% from its previous record of 22,222.61 points. The S&amp;P 500 was still in the correction zone, down 11.23% from its last high of 6,147.43 points. Whereas Dow Jones was 9.91% lower than its 52-week high of 45,073.63 points.
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were lower in premarket on Thursday. The SPY was down 2.75% to $533.51, while the QQQ declined 2.49% to $454.41, while the QQQ declined 1.81% to $457.56, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pr</a>o data.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/04/44730455/bearish-sentiment-hits-7-week-high-mimicking-35-year-old-record-which-marked-the-bottom-of-the-october-1990-bear-market">Bearish Sentiment Hits 7-Week High, Mimicking 35-Year Old Record Which Marked The Bottom Of The October 1990 Bear Market</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock

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General

Donald Trump 'Reduced Himself To A Paper Tiger,' Says Peter Schiff After Comparing Tariff Rollout And Pause To The 'Hindenburg Of Trial Balloons'

The global drone inspection and monitoring market is projected to reach $21.3 billion by 2027, driven by demand in industries such as oil and gas, mining, critical infrastructure, and manufacturing. Revenues from the commercialization of the jointly developed technology may reach up to $32 million by 2031&nbsp;

FRSX

Foresight Autonomous Holdings And Indian Drone Manufacturer Sign MOU For Autonomous Industrial Drones Project

Spruce Power Holding Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPRU#NYSE">SPRU</a>) ("Spruce" or the "Company") today announced the signing of a new Spruce Pro servicing partnership with commercial &amp; industrial ("C&amp;I") and residential solar installer Hot Purple Energy ("Hot Purple") to monetize Solar Renewable Energy Credits ("SREC") in California.
This partnership is part of a broader Spruce initiative to leverage the Company's platform and experience to capture the unrealized benefit of SREC credits for installers and C&amp;I operators. As part of this agreement, Spruce will be responsible for initial and ongoing registration and monetization of Hot Purple's SRECs with the Western Renewable Energy Generation Information System ("WREGIS"). The Company will also manage the monthly reporting of production and sale of SRECs for Hot Purple's solar generation assets, generating cash flow for both Spruce and Hot Purple.

Spruce Power Holding Corporation Class A Common Stock

SPRU

Spruce Power Partners With Hot Purple Energy To Monetize California Solar Renewable Energy Credits Through New Spruce Pro Servicing Agreement

<ul>
<li>Latest granted patents reinforce Pluri's position as a leader in Mucosal-Associated Invariant T ("MAIT") cell-based cell therapies for solid cancers</li>
<li>Pluri's MAIT platform&nbsp;enables commercial scale production of powerful immune cells as a potential first-in-class, ready to use, "off-the-shelf" therapy for cancer patients</li>
<li>Pluri's MAIT platform addresses the global immune cell engineering market, projected to reach approximately <a href="https://www.coherentmarketinsights.com/industry-reports/immune-cell-engineering-market">$11.7 billion</a> by 2030, and the global cancer immunotherapy market, calculated at <a href="https://www.precedenceresearch.com/cancer-immunotherapy-market">$136 billion</a> in 2025</li>
<li>In addition to MAIT cells, Pluri's platform also supports the expansion of Tumor Infiltrating Lymphocytes (TILs), further broadening the scope of potential immune cell therapies in cancer immunotherapy and attracting attention in the growing TILs-focused research space</li>
</ul>
HAIFA, Israel, April 10, 2025 (GLOBE NEWSWIRE) -- Pluri Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUR#NASDAQ">PLUR</a>) (TASE: PLUR) ("Pluri" or the "Company"), a biotechnology company leveraging its proprietary platform for cell-based solutions to create a collaborative network of ventures, today announced that the U.S. Patent and Trademark Office ("USPTO") has issued a patent covering the Company's immune cell expansion technologies. This patent specifically includes MAIT cells, a unique subset of T cells that are crucial in helping the body fight infection and repair tissue. Additionally, Pluri was issued a patent in Israel, which mirrors <a href="https://www.globenewswire.com/Tracker?data=bvxrmbKy74-S13UGLTkd4kX7U-QzrXEjMf-GRyHgAF10llsatejhI1AydY4zUJi3fCWwwrMLjVsErMqB1igi9HUwIPeuCrtrWpvgn3hiVBFgbW9NWn6gBqVUwrnhkgNUCEPpEDYXDw1PZbQEoufdIdcDfbcpI2S2EfawDqqMDv1ZdqSctxAH_qDPxLJ8eYhWt8e63lbmIKZeA9Rzkw5mFim3BK_Y3nIJ-2CPuXaTtNg=">previously granted US patent</a>. Pluri's total intellectual property ("IP") estate now includes over 250 patents pending, allowed, and granted.
<a href="https://www.globenewswire.com/Tracker?data=TgF75h7t_fxOGpuWWzHQCexKTlMFVEHw9f3xbxPA-YH0w7udswDbdCpM7P3rqWbkAdFh8SK7N4bbNhMzWx-S2ka6WsOWCoSOx-3_wlrgkj0b-LjeVXBYBEHw-gcwjWsl">Pluri's p</a><a href="https://www.globenewswire.com/Tracker?data=VXkISd1WE7wWCaFyS7bcNXE09r8kMFcWiF3Zr2jtChDnBB-aL6G-WHF49muwngLLfzuTjTDv0S1OaASE1zAZ_EBSLKSXwigbk4lVoBO-8l51vhw1fqTOvhA1UMZxepem">lacental MAIT cells</a> are unique, unconventional immune T cells which are particularly suitable for the treatment of solid tumors, a significant unmet medical need. MAIT cells offer unique advantages compared to conventional T cells, holding immense potential for immunotherapy, but until now, their expansion has been a challenge, primarily due to the difficulty in expanding them outside of the human body. Leveraging two decades of cell expertise, Pluri believes that it has overcome the challenge to unlock the full potential of MAIT cells.
The granted patents titled "System and Methods For Immune Cells Expansion and Activation In Large Scale" focus on a system and method for culturing and/or activating immune cells in a large scale, within Pluri's proprietary 3D cell expansion bioreactors.
"These latest granted patents, which further fortify our growing IP around MAIT cells, are very timely as the U.S. Food and Drug Administration has recently approved Tumor-infiltrating lymphocytes (TILs) and T Cell Receptor-engineered T cell (TCR-T) therapies for the treatment of solid cancers. We believe that MAIT cells represent an emerging field with significant potential in immunotherapy and we believe that our unmatched ability to scale production of MAIT cells, combined with our growing IP portfolio, position Pluri for collaborations that can potentially deliver immune therapies to people in need," stated Yaky Yanay, Chief Executive Officer and President of Pluri. "We foresee the potential to further develop and bring to market our own proprietary placental-derived MAIT cell immunotherapy platform to revolutionize solid tumor treatment, as well as supporting others in commercializing their immunotherapy treatments."

Biotech

PLUR

Pluri Announces That U.S. Patent And Trademark Office Has Issued Patent Covering The Company's Immune Cell Expansion Technologies

CNDT

CORRECTION: Conduit Pharmaceuticals Ticker Is 'CDT'

Enact Holdings shares are trading higher after the company announced it's set to join the S&P SmallCap 600 on April 16.

- Data from the largest retrospective analysis of ENPP1 Deficiency provides insights into the evolution of the disease's serious cardiovascular and musculoskeletal complications -
- Findings highlight the urgent need for early and improved diagnosis, care and treatments that address the long-term systemic effects of ENPP1 Deficiency -

INZY

Inozyme Pharma Publishes Paper Titled  "Phenotypic characterization of ENPP1 deficiency: generalized arterial calcification of infancy and autosomal recessive hypophosphatemic rickets type 2" In JBMR Plus

Innovative Eyewear, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUCY#NASDAQ">LUCY</a>, LUCYW))), the developer of smart eyewear under the Lucyd&#xAE;, Nautica&#xAE;, Eddie Bauer&#xAE; and Reebok&#xAE; brands, today announces that its Lucyd Armor&#x2122; smart safety glasses have been certified to meet European Union EN 166:2002 safety standards for workplace use.
Lucyd Armor has been a vital addition to the lineup of smart eyewear products produced by the Company, and since launching in Q4 2024 has quickly grown to become the Company's fastest selling unit. The addition of the EU certification opens important European markets for the Lucyd Armor product, in addition to the US, Canadian and UK certifications which the Company has received. Lucyd Armor is unique on the market as the first smart safety glass with photochromic lenses, a full suite of smart features including a Walkie function, high-fidelity audio and Rx-adaptable lenses.
The safety eyewear market in Europe was $1.3b in 2024 and expected to reach a projected revenue of US$ 1.6b by 2030 with a compound annual growth rate of 3.5% from 2025 to 2030.1 Based on the feedback we received from potential customers at Vision Expo and the National Hardware Show, the Company is in discussions with a notable eyewear distributor to offer Lucyd Armor in Europe, and distributors for the Company's other frames in Asia and LATAM.
The Company believes international expansion centered on the Armor and pending Reebok Powered by Lucyd collection will be foundational to its growth efforts in 2025, particularly in the wake of current US tariff situation. Goods shipped from the Company's manufacturing facilities in China directly to distributors, retailers and retail customers outside the US are not subject to US tariffs, and the Company believes it will have the opportunity to create a stronger footprint as there is less competition in markets outside the US, where smart eyewear is newer to market and tends to be available from fewer quality providers.
The Company plans to introduce additional variants of Lucyd Armor later this year, including sunglass and full-range prescription versions, to complement the original photochromic lens version.

Global

LUCY

Innovative Eyewear's Lucyd Armor Smart Safety Glasses Achieve EU EN 166:2002 Certification, Unlocking European Market Access

Buybacks

Conduit Pharmaceuticals Board Authorizes Up To $1M Share Repurchase Program

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2025/04/09/final-trades-meta-unitedhealth-and-the-qqq.html">Halftime Report Final Trades</a>,&#8221; Stephen L. Weiss of Short Hills Capital Partners said Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) is selling at a discount to the market, which it should never do. So, the growth is <a href="https://www.benzinga.com/quote/META/analyst-ratings">still there, he added.</a>
On Wednesday, Keybanc analyst Jason Celino maintained Meta with an Overweight rating and lowered the price target from $710 to $645, while B of A Securities analyst Justin Post maintained a Buy on the stock and cut the price target from $765 to $640.
Kari Firestone of Aureus Asset Management picked UnitedHealth Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>), which has been in its own bear market. She noted that the stock is now starting to improve and is not affected by tariffs.
Supporting her view, Mizuho analyst Ann Hynes, on Wednesday, maintained UnitedHealth Group with an Outperform rating and raised the price target from $600 to $650.
 Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Bryn Talkington of Requisite Capital Management also picked Meta.
Joseph M. Terranova of Virtus Investment Partners suggested buying some calls in Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) in case they bounce.
Price Action:
<ul>
<li>Meta shares gained 14.8% to close at $585.77 on Wednesday.</li>
<li>UnitedHealth shares rose 4.6% to close at $578.50 during Wednesday's session.</li>
<li>Invesco QQQ Trust jumped 12% during Wednesday's session.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44710375/top-2-materials-stocks-that-may-fall-off-a-cliff-this-quarter">Top 2 Materials Stocks That May Fall Off A Cliff This Quarter</a></li>
</ul>
Photo: Shutterstock

Long Ideas

Media

Trading Ideas

Meta Platforms, UnitedHealth Group And More: CNBC's 'Final Trades'

ASHBURN, Va., April 10, 2025 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=7GIgsf62ZHerWBrMpjjmku-zHUuiVcKhRMLdEg-eVHVhFAu63pwLw6-yVtrvLKY7DNWFpiX8GLknHgoMASJ6T6vBQhmiOwBuMFpWALUuvoE=">Telos Corporation</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLS#NASDAQ">TLS</a>), a leading provider of cyber, cloud, and enterprise security solutions for the world's most security-conscious organizations, today announced it has been awarded a $5.8 million contract to provide Field Service Representative (FSR) support and technical expertise for the U.S. Department of Defense's Microwave Line of Sight (MLoS) program. The award includes a six-month base period of performance from April 2, 2025, through September 30, 2025, with a three-month option period extending through December 31, 2025.
The MLoS program delivers and sustains rapidly deployable, high-bandwidth, low-latency communication infrastructure for warfighters operating in joint, interagency, and coalition environments. As a scalable, mobile, and cost-effective alternative to fiber, MLoS ensures critical voice, video, and data connectivity across the battlefield – providing resilient, redundant communications in even the most austere settings.
"Continuing our support for the Department of Defense in operational environments by delivering technical, operational, and lifecycle expertise to the MLoS program is a testament to our exceptional secure networks portfolio," said John B. Wood, CEO and chairman, Telos. "Our proven deployment systems, technical acumen, and mission-aligned personnel deliver real-time advantage and value to warfighters in the field."
Under this contract, Telos will provide a high-impact, cost-effective strategy for delivering expeditionary, operational, and permanent communications infrastructure – achieving significant savings over fiber solutions while enabling up to 95% repurposing of MLoS equipment costs. The contract underscores Telos' commitment to rapid deployment, scalability, and sustainability in mission-critical environments.
With over 500 systems successfully deployed throughout the Middle East, Telos delivers 24x7x365 global field support, working shoulder-to-shoulder with customers and warfighters in extreme, high-threat operational environments. With experience across four continents, Telos ensures deployment speed, efficiency, and readiness. This includes:
<ul>
<li>Rapid deployment management systems</li>
<li>Expert compliance with ITAR and EAR regulations</li>
<li>Full lifecycle support for Telos and third-party technologies</li>
<li>Extensive network of prime and subcontractor partners</li>
<li>Deep bench of technical and subject matter experts &nbsp;</li>
</ul>
Telos' MLoS communications solutions offer high bandwidth (up to 300 Mbps full duplex) with bidirectional IP connectivity. The systems provide point-to-point and point-to-multi-point functionality with LTE and Mesh. As part of the contract, Telos' field personnel bring unparalleled operational knowledge and technical fluency. Telos' diverse SME bench's wealth of experience includes:
<ul>
<li>75% prior military service (Army, Navy, Air Force, Marines, Special Operations)</li>
<li>95% contingency operations experience (Iraq, Afghanistan)</li>
<li>Extensive government and military systems training</li>
<li>Diverse roles: FSRs, engineers, logisticians, generator technicians, trainers, tower climbers, and more</li>
</ul>

Contracts

Telos Corporation Awarded $5.8M Contract To Help Support Defense Department's Microwave Line Of Sight Program. Award Includes Six-Month Base Period Of Performance From April 2, 2025 Through September 30, 2025, With Three-Month Option Period Extending Through December 31, 2025

Trio Petroleum Corp (NYSE:<a href="https://www.benzinga.com/stock/TPET#NYSE">TPET</a>) ("Trio" or the "Company"), a California-based oil and gas company, today is pleased to announce that it has closed on certain petroleum and natural gas properties held by Novacor Exploration Ltd. ("Novacor"). More specifically, TPET closed on Novacor's TWP48 Assets which is expected to be shortly followed by the closing on Novacor's TWP47 assets. These assets are in the prolific Lloydminster, Saskatchewan heavy oil region (the "Acquisition"). This acquisition could strategically position the Company to expand its operations into one of North America's most promising heavy oil basins, with upside potential for long term production and reserve growth. Since the Novacor assets are in the heavy oil area, they offer economic development and low operational costs. Market accessibility combined with a favorable regulatory process makes this area very attractive for continued and future development within these lands.
As reported by the Company's press release on December 19, 2024, the Novacor assets are located at the South-West quarter of Section 19, Township 47, Range 26W3M and the Northeast Section 3, Township 48, Range 24W3M, both in the Lloydminster, Saskatchewan area. There are currently seven producing wells located on the two properties. Production from the wells in Section 19 is subject to Freehold Royalties of 13.5% and a GORR of 2%, and production from the wells in Section 3 is subject to Freehold Royalties of 15%. The wells produce heavy crude oil from the McLaren/Sparky and Lloydminster formation(s). Novacor is the operator of these cash flow positive wells. Current production is approximately 70 barrels per day with potential for 4 additional re-entry wells and two fully equipped locations to be reactivated each capable of an additional 70 barrels in total per day. All the foregoing information was derived from reports provided to the Company by Novacor.
Additionally, a Reserve Report was prepared in August 2024 by Petrotech and Associates detailing 91.5MBBL for total proved and probable oil of those wells currently being produced. Novacor has identified further potential upside in the Sparky GP thru some multi-lateral drill opportunities.

TPET

Trio Petroleum Expands Into Lloydminster Heavy Oil Region With Strategic Acquisition Of Novacor Exploration's TWP48 Assets—Poised for Long-Term Growth With Low-Cost, High-Potential Operations, Cash-Flow Positive Wells, And Future Production Upside; No Financial Terms Disclosed

DXCM

Dexcom shares are trading higher after the company received FDA clearance for its G7 15-day continuous glucose monitoring system.

Blackstone: Core+ Funds Affiliated With Blackstone Real Estate To Acquire 95% Stake In 6M SF Industrial Portfolio Developed By Crow Holdings For $718M; Deal To Close In Q2 2025

FCPT

Four Corners Property Trust shares are trading higher after the company announced the acquisition of Automotive Service Property for $5.3 million.

Dexcom Receives FDA Clearance For G7 15 Day Continuous Glucose Monitoring System

WOODS CROSS, Utah, April 10, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYQ#NASDAQ">SKYQ</a>) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced that it has entered into a non-binding Letter of Intent (LOI) with&nbsp;<a href="https://www.globenewswire.com/Tracker?data=HR2gvHfoeNe7jNixSCPOw5FgFNZxuwPWCeGvirUjsI6p1dIVP0t_V9W3_OUwyvuIID4gAxhLmMFaoNeCl_JPIZCVAfNQCZsFq6G-YrX2WmChHyHC1VGXKa2QFollvdzk">Southwind RAS, LLC,</a> a long-standing leader in the industry, to explore a strategic collaboration aimed at advancing asphalt shingle recycling in Illinois. The initiative will support Sky Quarry's national expansion strategy and further its waste-to-energy mission.
Under the terms of the LOI, Sky Quarry and Southwind RAS will jointly evaluate the technical and logistical feasibility of implementing Sky Quarry's proprietary recycling technologies at Southwind's nine established facilities in the greater Chicago area. The collaboration will focus on operational modeling, site assessments, and financial structures, with the goal of developing a scalable, modular approach to shingle recycling that creates mutual value and environmental impact.

SKYQ

Sky Quarry Enters Into A Non-Binding Letter Of Intent With Southwind RAS To Explore A Strategic Collaboration Aimed At Advancing Asphalt Shingle Recycling In Illinois

First Advantage shares are trading lower after Barclays downgraded the stock from Overweight to Equal-Weight and cut its price target from $20 to $15.

Press Releases

Ubiquiti Inc. Reports Third Quarter Fiscal 2024 Financial Results

Ubiquiti Inc. Reports Fourth Quarter Fiscal 2024 Financial Results

HyperLight Accelerates Growth With $37M Funding Led by Summit Partners

Peraso Inc. (NASDAQ: PRSO) Driving 5G Innovation Across Multiple Industries more stock inside…

Ubiquiti Inc. Reports First Quarter Fiscal 2025 Financial Results

Ubiquiti Inc. Reports Second Quarter Fiscal 2025 Financial Results

ANET

BLMZ

CRKN

MTSI

PRSO

SRFM

Applied Optoelectronics, Inc. - Common Stock

Applied Optoelectronics

Adtran Holdings

Arista Networks

Aviat Networks

Calix

Ciena

Clearfield

CommScope Holding Company, Inc. - Common Stock

CommScope Holding Co

Cisco Systems

Digi Intl

Ericsson - American Depositary Shares each representing 1 underlying Class B share

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