Business Update News

THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (“Kodiak”), a leader in contract gas compression and related services, began construction on two new cutting-edge facilities in Midland and Pecos, Texas. These investments underscore Kodiak’s strong commitment to operational excellence, employee development, and long-term commitment to the Permian Basin. Kodiak hosted official groundbreaking ceremonies at both sites on April 14, 2025, with local Chamber of Commerce officials, part...

RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that Starbucks will open in a new 1,800-square-foot retail location at 22114 Gramercy Park Drive in Ashburn, Virginia next to the lobby of BLVD in Loudoun Station. Set to open later this year, the nationally recognized coffeehouse is a welcome addition to Loudoun S...

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a global energy storage company today announced that it received notice from the New York Stock Exchange (the “NYSE”) on April 16, 2025, indicating that Energy Vault is not in compliance with NYSE’s continued listing standards because the average closing price of Energy Vault’s common stock was less than $1.00 over a consecutive 30 trading-day period. Under NYSE rules, Energy Vault has a period...

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC announced today the results of the Special Shareholder Meeting of the BlackRock Technology and Private Equity Term Trust (NYSE: BTX) (the “Trust”). Shareholders have approved (i) an amendment to the Trust’s fundamental investment restriction with respect to industry concentration to allow the Trust to concentrate its investments in companies operating in one or more industries within the technology group of industries and (ii) a change in the T...

LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) announces an updated timeline for the commencement of operations of the Company’s rare earth processing and separation demonstration plant in Upton, Wyoming (the “Demonstration Plant”). The data gathered from the operation of the Demonstration Plant, which was designed and constructed by a General Atomics-led consortium of companies, will be material in advancing the design and economics of a...

HOUSTON--(BUSINESS WIRE)--Permianville Royalty Trust (NYSE: PVL, the “Trust”) today announced the net profits interest calculation for April 2025. The net profits interest calculation represents reported oil production for the month of January 2025 and reported natural gas production during December 2024. The calculation includes accrued costs incurred in February 2025. As a result of the cumulative outstanding net profits shortfall, which declined from approximately $1.1 million in the prior m...

LOS ANGELES--(BUSINESS WIRE)--Archway Capital Announces Launch of Archway Opportunity Fund II, Targeting $100 Million Raise...

TORRANCE, Calif.--(BUSINESS WIRE)--Reproductive Partners Medical Group (RPMG), a nationally recognized leader in fertility care and IVF innovation, is proud to announce the relocation of its Redondo Beach clinic to a brand-new, state-of-the-art facility in Torrance, California, beginning April 14th, 2025. After more than 30 years of providing comprehensive fertility care at its Redondo Beach location—the first IVF lab in the South Bay—RPMG is entering a new era of patient-centered fertility car...

NEW YORK--(BUSINESS WIRE)--Vertical Relevance is excited to announce the expansion of our global capabilities with the opening of a new offshore delivery center in Pune, India. This strategic move is part of our commitment to enhancing our capabilities and innovation across the globe. This expansion represents a pivotal milestone in Vertical Relevance’s mission to build an integrated global team. By combining the expertise of our highly skilled U.S.-based teams alongside experienced professiona...

SUNNYVALE, Calif.--(BUSINESS WIRE)--Mitel Networks Corporation, (together with certain affiliates, “Mitel” or “the Company”), a global leader in business communications, today announced that the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”) confirmed the Company’s prepackaged Plan of Reorganization (the “Plan”). Completion of the Company’s restructuring process is expected within the current calendar quarter, resulting in significantly less debt, and a stronger capital...