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Southland Holdings (NYSE: SLND) has appointed Donald Graul as Chief Strategy Officer. Graul brings significant industry expertise from previous executive positions at AECOM, Parsons, and most recently as CEO of The Branch Group. His experience includes direct involvement in infrastructure projects exceeding $60 billion in construction costs.
Graul's industry recognition includes board memberships with the American Road & Transportation Builders Association and The Beavers Construction Group, as well as membership in the National Academy of Construction. Southland's CEO Frank Renda emphasized Graul's three decades of strategic and operational expertise as valuable assets for enhancing client service and organizational strength.
Sky Harbour Group (NYSE: SKYH) reported strong Q1 2025 results, highlighting significant growth and expansion. Q1 consolidated revenues surged 133% YoY and 20% QoQ. The company's constructed assets and construction in progress exceeded $275 million, with consolidated cash and US Treasuries totaling $97.4 million. Net cash used in operating activities was $5.1 million.
The company announced the opening of new campuses at Phoenix Deer Valley Airport (DVT) and Dallas-Addison Airport (ADS), with Denver's Centennial Airport (APA) scheduled to open in June. Sky Harbour expanded its portfolio by executing new ground leases at Seattle's Boeing Field (BFI), Hillsboro Airport (HIO), and Stewart International Airport (SWF). The company maintains its guidance of reaching breakeven operating cash flow/adjusted EBITDA by year-end 2025 and expects to secure five additional hangar ground leases by year-end 2025.
Vicarious Surgical (NYSE: RBOT) has announced a strategic collaboration with UMass Memorial Medical Center, the largest not-for-profit hospital in Central Massachusetts. The partnership aims to support the adoption and utilization of Vicarious Surgical's robotic surgery system through various initiatives.
The collaboration will focus on streamlining operational aspects including inventory management, sterilization protocols, and standardization of pre and post-procedure processes. It will also encompass case observation for surgeons, system testing, research development insights, peer-to-peer education, and best practices promotion.
UMass Memorial Medical Center, with 826 licensed beds, serves as the clinical partner of the University of Massachusetts Chan Medical School and will work directly with Vicarious Surgical's team to refine and validate best practices in robotic surgery.
Sky Harbour Group Corporation (NYSE: SKYH), an aviation infrastructure company focused on building a nationwide network of Home-Basing campuses for business aircraft, has scheduled its First Quarter 2025 financial results release for May 13th, 2025, after market close. The company will host an investor webcast at 5:00 PM ET the same day to discuss quarterly results and provide business updates.
The company also announced upcoming participation in two investor conferences: the B. Riley Securities 25th Annual Investor Conference in Los Angeles (May 21-22) and the Noble Capital Markets 2025 Emerging Growth Virtual Equity Conference (June 4-5).
Southland Holdings (NYSE American: SLND), a specialized infrastructure construction services provider, has announced its upcoming financial communication schedule. The company will release its first quarter 2025 financial results on Tuesday, May 13th, 2025 after market close. A conference call to discuss the results is scheduled for Wednesday, May 14th, 2025 at 10:00 a.m. Eastern Time. Investors can access the call through the company's website at www.southlandholdings.com, where a replay will also be available after the event.
Vicarious Surgical (NYSE: RBOT) has announced its upcoming first quarter 2025 financial results release, scheduled for May 12, 2025, after market close. The company, which specializes in next-generation robotics technology for surgical applications, will discuss its financial performance for the period ending March 31, 2025.
Key Details:
- Conference Call Time: 4:30 p.m. Eastern Time
- Dial-in Numbers: - Domestic: +1 833-470-1428 - International: +1 404-975-4839
- Access Code: 316641
Investors and interested parties can access the live and archived webcast of the event through the company's investor relations website at investor.vicarioussurgical.com. The company's mission focuses on improving lives through the transformation of robotic surgery.
Ares Acquisition II (NYSE: AACT) has reported that approximately 1.3% of public shareholders have exercised their redemption rights ahead of the extraordinary general meeting. Only 640,288 Class A ordinary shares were submitted for redemption, leaving an estimated $550 million in the company's trust account.
Following the Meeting and pending Extension approval, the company projects 61,859,712 Class A Ordinary Shares will be outstanding, including the Sponsor's conversion of 12,500,000 Class B shares. The Sponsor has committed to monthly trust account deposits of $0.02 per outstanding public share starting April 25, 2025, continuing until either a business combination is completed or the deadline expires.
The company's proposed merger with Kodiak Robotics, Inc. is anticipated to close in the second half of 2025, subject to shareholder approval and other closing conditions.
Ares Acquisition II (NYSE: AACT) has announced that its sponsor, Ares Acquisition Holdings II LP, will make monthly contributions of $0.02 per outstanding Class A ordinary share to the company's trust account. This arrangement will be formalized through a non-interest bearing, unsecured promissory note.
The announcement comes ahead of an extraordinary general meeting scheduled for April 22, 2025, where shareholders will vote on extending the business combination deadline from April 25, 2025, to January 26, 2026. If approved, the first contribution will begin on April 25, 2025, with subsequent monthly deposits on the 25th of each month until either a business combination is completed or the deadline expires.
Additionally, the Sponsor plans to convert its 12,500,000 Class B Ordinary Shares into Class A Ordinary Shares, maintaining existing restrictions including transfer limitations and waiver of redemption rights.