COLUMBIA, Md., Nov. 1, 2024 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE"), a leader in advanced engineering solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, and Pelican Energy Partners ("Pelican"), a highly specialized private equity firm led by experienced energy service professionals focused on energy services businesses and manufacturing companies, announced today the closing of the merger involving GSE and an affiliate of Pelican. The merger was overwhelmingly approved by GSE shareholders at a special shareholder meeting held on October 29, 2024. Trading of GSE common stock was suspended following afterhou

COLUMBIA, Md., Oct. 29, 2024 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (NASDAQ:GVP), a leader in advanced engineering solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, announced today that its stockholders overwhelmingly approved its merger with an affiliate of Pelican Energy Partners ("Pelican"). Pursuant to the terms of the merger agreement, dated August 8, 2024 and amended October 20, 2024 ("Merger Agreement"), Pelican will acquire all of the outstanding common stock of GSE for $4.60 per share.

COLUMBIA, Md., Oct. 23, 2024 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (NASDAQ:GVP), a leader in advanced engineering solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, announced today that independent proxy advisory firm Glass Lewis & Co., LLC ("Glass Lewis") recommended that GSE shareholders vote "FOR" the approval of the Agreement and Plan of Merger, dated as of August 8, 2024 (the "Merger Agreement"), by and between GSE, Nuclear Engineering Holdings LLC, and Gamma Nuclear Merger Sub LLC (the "Merger Proposal").

COLUMBIA, Md., Oct. 22, 2024 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (NASDAQ:GVP), a leader in advanced engineering solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, announced today that it wished to thank all of its stockholders who have already voted overwhelmingly in favor of its merger with an affiliate of Pelican Energy Partners ("Pelican") in an all-cash transaction (the "Merger"). Following the amendment to increase merger consideration, GSE now reminds stockholders that, under the terms of the amended merger agreement, which was unanimously approved by the board of the directors of GSE, Pelican wi

Bradley L. Radoff, who collectively with his affiliates owns approximately 9.9% of the outstanding shares of GSE Systems, Inc. (NASDAQ:GVP) ("GSE" or the "Company"), today issued the below follow-up letter to the Chair of the Company's Board of Directors (the "Board"), Kathryn O'Connor Gardner, in response to the Company's filing of an amended merger agreement with Pelican Energy Partners ("Pelican"). Mr. Radoff previously announced his opposition to the Company's proposed take-private merger with Pelican and has repeatedly demanded the Board and Ms. Gardner release normal course forward-looking projections so shareholders can fairly evaluate the Pelican transaction. *** GSE Systems, Inc

COLUMBIA, Md., Oct. 21, 2024 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (NASDAQ:GVP), a leader in advanced engineering solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, announced today that it has entered into an amendment to the merger agreement with an affiliate of Pelican Energy Partners, which was previously announced on August 8, 2024. Pursuant to the amended merger agreement, GSE's common stock outstanding immediately prior to the effective time of the merger will be converted into the right to receive $4.60 per share in cash. This represents an increase of approximately 12.2% over the $4.10 of per sha

Questions the Board's Continued Refusal to Provide Customary Forward-Looking Business Projections to Enable Investors to Fairly Evaluate the Proposed Sale to Pelican Energy Partners Bradley L. Radoff, who collectively with his affiliates owns approximately 9.9% of the outstanding shares of GSE Systems, Inc. (NASDAQ:GVP) ("GSE" or the "Company"), today issued the below open letter to the Chair of the Company's Board of Directors (the "Board"), Kathryn O'Connor Gardner, to urge the Board to provide the market with customary disclosures regarding the Company's forward-looking projections. Mr. Radoff previously announced his opposition to the Company's proposed take-private merger with Pelica

~10% Shareholder Believes Proposed Sale Represents an Egregious "Take Under" and Significantly Undervalues the Company Urges the Board to Consider Shareholders' Best Interests and Disclose the Company's 2025 Projections so Investors Can Accurately Value the Company Against the Deal Price Bradley L. Radoff, who collectively with his affiliates owns approximately 9.9% of the outstanding shares of GSE Systems, Inc. (NASDAQ:GVP) ("GSE" or the "Company"), today sent the below letter to GSE Systems' Board of Directors (the "Board") indicating its opposition to the proposed take-private merger with Pelican Energy Partners ("Pelican"). *** GSE Systems, Inc. 6940 Columbia Gateway Drive, Suite 47

COLUMBIA, Md., Oct. 16, 2024 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (NASDAQ:GVP), a leader in advanced engineering solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, announced today that leading independent proxy advisory firm Institutional Shareholder Services, Inc. ("ISS") recommended that GSE shareholders vote "FOR": (1) the approval of the Agreement and Plan of Merger, dated as of August 8, 2024 (the "Merger Agreement"), by and between GSE, Nuclear Engineering Holdings LLC, and Gamma Nuclear Merger Sub LLC (the "Merger Proposal"); and (2) the approval, on a non-binding, advisory basis, of the compensa

COLUMBIA, Md., Aug. 14, 2024 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and decarbonization initiatives of the nuclear power industry, today announced financial results for the second quarter ("Q2") ended June 30, 2024. Q2 2024 and Recent Highlights Improved gross profit growth driven by Engineering segment, with a 14% increase over Q1 of 2024 and Q2 of 2023.Achieved positive Adjusted EBITDA for the first half of 2024, du

4 - GSE SYSTEMS INC (0000944480) (Issuer)

4 - GSE SYSTEMS INC (0000944480) (Issuer)

4 - GSE SYSTEMS INC (0000944480) (Issuer)

4 - GSE SYSTEMS INC (0000944480) (Issuer)

4 - GSE SYSTEMS INC (0000944480) (Issuer)

4 - GSE SYSTEMS INC (0000944480) (Issuer)

4 - GSE SYSTEMS INC (0000944480) (Issuer)

4 - GSE SYSTEMS INC (0000944480) (Issuer)

4 - GSE SYSTEMS INC (0000944480) (Issuer)

4 - GSE SYSTEMS INC (0000944480) (Issuer)

Rolls-Royce SMR has enlisted GSE Solutions to develop a power station simulator, as it continues to mature the design of its Small Modular Reactor (SMR) technology and remains on track to complete Step 2 of the Generic Design Assessment this summer.  COLUMBIA, Md., July 10, 2024 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (NASDAQ:GVP) is a world leader in advanced engineering and workforce solutions across the clean-energy and power industries. This simulator will play a key role in Rolls-Royce SMR's program to develop, verify and validate the performance and control systems of its unique 'factory-built' nuclear power plant.  It forms part of a much wider program of developm

Gainers Focus Universal (NASDAQ:FCUV) shares rose 11.8% to $0.26 during Friday's after-market session. The company's market cap stands at $16.8 million. CISO Global (NASDAQ:CISO) shares increased by 10.16% to $0.8. The market value of their outstanding shares is at $9.8 million. Verb Tech (NASDAQ:VERB) shares rose 9.11% to $0.18. The market value of their outstanding shares is at $18.7 million. Autodesk (NASDAQ:ADSK) stock increased by 8.12% to $217.99. The company's market cap stands at $46.6 billion. Inuvo (AMEX:INUV) shares moved upwards by 4.31% to $0.27. The company's market cap stands at $37.2 million. Stronghold Digital Mining (NASDAQ:SDIG) shares moved upwards by 3.52% to $2.94

GSE Systems (NASDAQ:GVP) reported quarterly losses of $(0.35) per share which beat the analyst consensus estimate of $(0.48) by 27.08 percent. This is a 68.75 percent increase over losses of $(1.12) per share from the same period last year. The company reported quarterly sales of $11.283 million which missed the analyst consensus estimate of $12.908 million by 12.59 percent. This is a 3.77 percent increase over sales of $10.873 million the same period last year.

GSE Solutions ("GSE Systems, Inc." or "GSE") (NASDAQ:GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, today announced the appointment of Mr. Damian DeLongchamp as Chief Operating Officer (COO).

Kyle Loudermilk has submitted a letter of resignation to the Board of Directors and will remain with the company through May 31, 2024 to assist in transition.

GSE Solutions ("GSE Systems, Inc." or "GSE") (NASDAQ:GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, today announced a significant contract has been secured to deliver nuclear engineering services for a 24-month fuel cycle operation to a major utility company based in the United States.The transition from 18- to 24-month fuel cycles reduce plant outages, enhances fuel reliability and operational margins for utilities without requiring additional measures like increased burnup and enrichment levels. This shift improves power generation facilities' efficiency and stability.

Gainers WiSA Technologies (NASDAQ:WISA) stock increased by 16.7% to $0.03 during Wednesday's after-market session. The company's market cap stands at $5.2 million. Smith Micro Software (NASDAQ:SMSI) stock moved upwards by 5.75% to $0.36. The market value of their outstanding shares is at $27.6 million. GSE Systems (NASDAQ:GVP) shares moved upwards by 5.59% to $3.21. The company's market cap stands at $9.1 million. As per the press release, Q4 earnings came out 2 days ago. CVD Equipment (NASDAQ:CVV) shares rose 5.5% to $6.13. The market value of their outstanding shares is at $41.8 million. As per the press release, Q4 earnings came out 4 days ago. SkyWater Technology (NASDAQ:SKYT) share