
UPDATED
True
US
GlobeNewswire.com is a news distribution service that sends press releases, financial disclosures, and multimedia content from companies to media outlets, investors, and the public. It acts as a platform for corporations and organizations to broadcast important news globally to a wide audience, including media, financial institutions, and individual investors. The service is used to ensure timely and broad distribution of market-moving information and helps companies meet regulatory and disclosure requirements.