Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Connecticut Business Herald.

CIBC Innovation Banking Provides Growth Capital Financing to Work Truck Solutions
CIBC Innovation Banking announced today that it has provided growth financing to support Work Truck Solutions, a leading provider of software solutions for the commercial vehicle industry. Work Truck Solutions helps dealerships, original equipment...

GoNetspeed Ramps Up Connecticut Build Plans; East Haven Next in Line for Fiber-Optic Speeds
GoNetspeed, the Northeast’s largest independent fiber builder, today announced that the Town of East Haven is the next Connecticut community in line to join GoNetspeed’s 100% fiber-optic network. GoNetspeed’s fully funded $7.5 million investment...

AFBA and 5Star Life Insurance Company Appoints Xianmei Tang Chief Actuary and Senior Vice President, Actuarial
Armed Forces Benefit Association (AFBA), and its affiliate, 5Star Life Insurance Company (5Star Life), announced today the appointment of Xianmei Tang as Chief Actuary and Senior Vice President, Actuarial, effective June 13, 2025. This press...

Gray Media Names David Hughes as General Manager of WFSB in Hartford, Connecticut
ATLANTA, June 16, 2025 (GLOBE NEWSWIRE) -- Gray Media has named David Hughes as the next General Manager of WFSB, the CBS affiliate in Hartford, Connecticut. He succeeds Dana Neves, who recently became a Senior Managing Vice President at Gray....

Slide Raises $25M Series A led by Base10 Partners to Accelerate Market Growth, Expands to Canada
NORWALK, Conn., June 16, 2025 (GLOBE NEWSWIRE) -- Slide, the next-generation BCDR (Business Continuity and Disaster Recovery) platform purpose-built for MSPs, today announced it has raised $25 million in Series A funding. The round was led by...

American Rebel Light Beer Strengthens Brand Position with NHRA as Title Sponsor of American Rebel Light Virginia NHRA Nationals (June 20-22, 2025) - National Television Broadcast on FOX and FS1
American Rebel Holdings Inc. (NASDAQ: AREB) Expanding Market Presence and Showcasing Patriotism through Strategic Partnerships, High-Profile Events, and Unmatched Fan Engagement American Rebel Light Beer Takes Center Stage at Virginia NHRA...

Stardust Power Inc. Announces Pricing of $4.3 Million Underwritten Public Offering
GREENWICH, CONNECTICUT, June 17, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (the “Company”), an American developer of battery-grade lithium products, today announced the pricing of a firm commitment underwritten public offering...

NeurAxis Announces New Medical Policy Coverage with Two Health Insurers, Adding 700,000 Covered Lives
CARMEL, Ind., June 17, 2025 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies addressing chronic and debilitating conditions in children...

H2O America’s General Counsel, Willie Brown, Appointed to CalChamber Board of Directors
SAN JOSE, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- H2O America (NASDAQ:HTO) announces the appointment of Willie Brown, vice president and general counsel, to the CalChamber board effective May 5, 2025. "I am honored to join the board of...

Care on the Fly: OnMed CareStation Debuts as Nation’s First Airport-Based Health Hub
OnMed, the nation’s leading tech-enabled hybrid care company, will unveil its state-of-the-art CareStation at Bradley International Airport in Connecticut. This landmark event marks the first deployment of an OnMed CareStation within an airport in...

The Lovesac Company issues Notice of Settlement of Shareholder Derivative Actions
STAMFORD, Conn., June 13, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the Designed for Life home and technology brand, today released the following notice: A Federal Court authorized this Notice. This...

Miembros del Concejo Presentarán Proyecto de Ley Para Exigir Convenios Laborales en Proyectos Hoteleros con Participación Económica del Condado
MARYLAND, December 6 - For Immediate Release: Thursday, June 12, 2025 Hoy, la Concejal del Condado de Montgomery Natali Fani-González, la Presidenta del Concejo Kate Stewart y el Concejal Sidney Katz anunciaron un proyecto de ley que exigiría...

Councilmembers to Introduce Bill to Require Labor Peace Agreements on Hotel Development Projects with County Economic Participation
MARYLAND, December 6 - For Immediate Release: Thursday, June 12, 2025 From the Offices of Councilmember Natali Fani-González, Council President Kate Stewart, and Councilmember Sidney Katz Today, Montgomery County Councilmember Natali...

LT. GOVERNOR BYSIEWICZ & THE CONNECTICUT OFFICE OF THE ARTS DESIGNATE A CULTURAL DISTRICT IN FAIRFIELD
Today, Lieutenant Governor Susan Bysiewicz and the Department of Economic and Community Development’s Connecticut Office of the Arts (COA) announced it has approved Fairfield’s application to create a Cultural District in town. The approved...

Connecticut Enters Multistate Legal Fight to Protect Genetic Information in 23andMe Bankruptcy Case from Sale to Highest Bidder
Press Releases 06/11/2025 Connecticut Enters Multistate Legal Fight to Protect Genetic Information in 23andMe Bankruptcy Case from Sale to Highest Bidder Attorney General Tong Advises Consumers to Consider Deleting 23andMe Data and Genetic Samples...

Affinity Esports Group Launches Summer Partnership with Brass City Gamers and The People’s Place in Waterbury
Affinity Esports is teaming up with Brass City Gamers and The People’s Place to bring a full slate of structured gaming and technology programming to Waterbury youth this summer. The initiative combines Affinity’s expertise in healthier gaming...

Sprott Physical Platinum and Palladium Trust Updates Its “At-the-Market” Equity Program
TORONTO, June 12, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Platinum and Palladium Trust (NYSE: SPPP) (TSX: SPPP / SPPP.U) (the “Trust”), a...

Market 32 and Price Chopper Partner with Konekt.io to Launch Seasonal Campaign to Drive Loyalty and Digital Engagement
Market 32 and Price Chopper, a division of Northeast Grocery, Inc. (NGI), is running an omnichannel summer promotion to be the destination for your summer grocery and entertaining needs called Summer Shines Here. Featured elements run from...

Planet Financial Group, LLC Announces Closing of $125 Million Senior Unsecured Notes Due 2029
MERIDEN, CT, UNITED STATES, June 12, 2025 /EINPresswire.com/ -- Planet Financial Group, LLC, a leading vertically integrated mortgage platform, today announced that it has successfully closed an offering of $125 million add-on to its existing...

The Lovesac Company Reports First Quarter Fiscal 2026 Financial Results
STAMFORD, Conn., June 12, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the Designed for Life home and technology brand best known for its Sactionals, The World's Most Adaptable Couch, today announced...