PMEC News | Roxom Stocks

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$16.9M

Volume

2.30K

Next Earnings

November 4th

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Primech Holdings (Nasdaq: PMEC) Wins US$5.78 Million Three-Year Integrated Facility Services ContractPrimech Holdings' subsidiary Primech A & P secured a three-year integrated facility services contract valued at approximately US$5.78 million with a financial services group in Asia. The contract covers office cleaning, pest control, and waste management services, with operations commencing in the second half of 2026. This award expands Primech's presence in the financial services sector and demonstrates its capability to deliver multi-service facility solutions.GlobeNewswire Inc. · Sep 17, 2026

WELLE Environmental Group 與 Primech Holdings 達成策略合作關係，共同推動智能工業機械人及可持續營運發展Chinese environmental technology firm WELLE and Singaporean technology services company Primech Holdings signed a strategic cooperation agreement to jointly develop industrial robotics and sustainable technologies, forming a joint venture in Singapore focused on advanced robotic solutions for complex industrial environments.GlobeNewswire Inc. · Dec 13, 2025

Primech AI Showcases Revolutionary HYTRON LITE Bathroom Cleaning Robot at Facilities Management Community of Practice Event in SingaporePrimech AI showcased its HYTRON LITE bathroom cleaning robot at a facilities management event in Singapore, highlighting its compact design and advanced AI capabilities. The event showcased the growing importance of robotic solutions in addressing labor challenges and enhancing operational efficiency in the facilities management sector.GlobeNewswire Inc. · May 15, 2025

Primech Holdings Receives NASDAQ Minimum Bid Price Requirement ExtensionPrimech Holdings Limited, a technology-driven facility services provider in Singapore, has received an additional 180-day compliance period from Nasdaq to regain the minimum $1 bid price per share requirement. The company plans to address the deficiency, potentially through a reverse share split.GlobeNewswire Inc. · Nov 27, 2024

Primech AI, a Subsidiary of Primech Holdings, Unveils Ambitious Future Plans for its Innovative Toilet Cleaning Robot, HYTRONPrimech AI, a subsidiary of Primech Holdings, announced plans to launch its AI-powered toilet cleaning robot HYTRON in Singapore, Hong Kong, Dubai, and Australia, with plans to scale globally by 2027. The company is committed to innovation and sustainability in the cleaning industry.GlobeNewswire Inc. · Nov 11, 2024

Primech Secures Major New Contracts, Paving the Way for Future GrowthPrimech Holdings Limited, a technology-driven facility services provider in Singapore, has secured several new contracts worth over SG$5.6 million, including cleaning and pest control services for a biomedical research hub, cleaning services for residential condominiums, and cleaning services for a non-profit social service institution.GlobeNewswire Inc. · Oct 2, 2024

Primech Holdings Limited Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency SINGAPORE, May 17, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, today announces that it received a delinquency notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on May 14, 2024 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice provides that the Company has a period of 180 calendar days from the date of the Notice, or until November 11, 2024, to regain compliance with the minimum bid price requirement.GlobeNewswire Inc. · May 17, 2024

Primech Holdings Limited Engages Strategic Investor Relations to Enhance Investor Communications and Engagement SINGAPORE, May 01, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, has engaged Strategic Investor Relations, a premier investor relations firm, to enhance Primech’s visibility in the financial community and support its ongoing efforts to engage and educate current and potential investors about the company’s growth and strategic initiatives.GlobeNewswire Inc. · May 1, 2024

Crude Oil Surges Over 2%; MSC Industrial Shares Fall After Q2 ResultsU.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling around 15 points on Thursday. The Dow traded up 0.06% to 39,785.29 while the NASDAQ fell 0.13% to 16,383.85. The S&P 500 also rose, gaining, 0.10% to 5,253.70. Check This Out: Jim Cramer Likes Crown Castle, But Can't Recommend Archer Aviation: It Has 'No Earnings Power' Leading and Lagging Sectors Energy shares jumped by 1.1% on Thursday. In trading on Thursday, communication services shares fell by 0.2%. Top Headline Shares of MSC Industrial Direct Co., Inc. (NYSE: MSM) fell over 2% during Thursday’s session after the company reported mixed second-quarter results. MSC Industrial Direct reported second-quarter FY24 net sales decline of 2.7% Y/Y to $935.3 million, missing the consensus of $946.5 million. Adjusted EPS of $1.18, down 18.6%, beating the consensus of $1.16. MSC Industrial reiterated the outlook for FY24 ADS growth of 0%-5%, adjusted operating margin of 12% – 12.8%, and an operating cash flow conversion of more than 125%. Equities Trading UP Avalo Therapeutics, Inc. (NASDAQ: AVTX) shares shot up 384% to $22.98 after the company announced it acquired a Phase 2-ready anti-IL-1β mAb, which it refers to as AVTX-009, through the acquisition of privately held AlmataBio. The company also announced a private placement financing of up to $185 million. Shares of Xilio Therapeutics, Inc. (NASDAQ:Benzinga · Mar 28, 2024

Why Kodiak Sciences Shares Are Trading Lower By Around 20%? Here Are Other Stocks Moving In Thursday's Mid-Day SessionShares of Kodiak Sciences Inc. (NASDAQ: KOD) fell sharply during Thursday’s session after the company reported a wider-than-expected fourth-quarter loss. Kodiak Sciences posted a quarterly loss of $1.13 per share, compared to market expectations for a loss of 77 cents per share. Kodiak Sciences shares dipped 19.9% to $5.97 on Thursday. Here are some other stocks moving in today's mid-day session. Gainers Avalo Therapeutics, Inc. (NASDAQ: AVTX) shares jumped 430% to $25.35 after the company announced it acquired a Phase 2-ready anti-IL-1β mAb, which it refers to as AVTX-009, through the acquisition of privately held AlmataBio. The company also announced a private placement financing of up to $185 million. Xilio Therapeutics, Inc. (NASDAQ: XLO) gained 146% to $1.58 after the company announced an exclusive license agreement with Gilead Sciences for a tumor-activated IL-12 program. The company announced a $11.3 million private placement equity financing. Biodexa Pharmaceuticals Plc (NASDAQ: BDRX) shares climbed 80% to $1.5395. Biodexa's MTX110 showed promise in extending life expectancy against aggressive brain cancers. Ontrak, Inc. (NASDAQ: OTRK) gained 55% to $0.9239. Binah Capital Group, Inc. (NASDAQ: BCG) gained 48% to $14.05 after dipping more than 20% on Wednesday. Kidpik Corp. (NASDAQ: PIK) gained 40.7% to $4.5999. Kidpik recently regained compliance with the Nasdaq minimum bid price requirement. Allego N.V. (NASDAQ: ALLG) rose 32.8% to $1.7650. Akanda Corp. (NASDAQ: AKAN) gained 28% to $0.2053 after the company announced a plan to evaluate opportunities in Bitcoin, Blockchain and AI applications in the cannabis industry. Destiny Tech100 Inc. (NASDAQ: DXYZ) rose 26% to $22.15. REX American Resources Corporation (NYSE: REX) gained 23.2% to $54.15 following upbeat earnings. Nutriband Inc. (NASDAQ: NTRB) gained 23% to $4.98. Nutriband recently provided a clinical and regulatory path overview for its AVERSA Fentanyl patch. Summit Therapeutics Inc. (NASDAQ: ...Benzinga · Mar 28, 2024

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