Aurora Mobile Partners with Taikang Life Insurance to Strengthen Smart Insurance Solutions with AI Technologies

Written by Customer Service on December 24, 2020. Posted in Public Companies.

SHENZHEN, China, Dec. 24, 2020 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading mobile developer service provider in China, today announced that it has entered into a partnership agreement with Taikang Life Insurance Co., Ltd. (“Taikang Life Insurance”). By leveraging Aurora Mobile’s industry-leading push notification services and intelligent operational analysis capabilities, along with Taikang Life Insurance’s competitive advantages in the insurance industry, the two parties will further explore growth opportunities in the field of smart insurance, drive greater adoption of artificial intelligence (“AI”) and support overall digitalization of the insurance industry.Taikang Life Insurance is a subsidiary of Taikang Insurance Group Co., Ltd. (“Taikang Insurance Group”),...

Sinch AB (publ): Sinch receives regulatory approval for acquisition of Wavy

Written by Customer Service on December 24, 2020. Posted in Public Companies.

Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCHSinch AB (publ), a global leader in cloud communications for mobile customer engagement, today announces that it has been granted regulatory approval for the acquisition of Wavy from the Superintendence-General of CADE, Conselho Administrativo de Defesa Econômica, which is the competition authority in Brazil.Closing of the transaction can take place after a 15-day waiting period and final confirmation from CADE. Closing is hence expected to take place in early 2021. Sinch announced the acquisition of Wavy on 26 March, 2020. The acquisition is financed through a combination of cash and debt facilities. Upon closing, Sinch pays Movile a cash consideration of BRL 355 million and 1,534,582 new Sinch shares, issued through an issue in-kind, and welcomes Brazil-based Movile as a new key shareholder....

Sinch AB (publ): Sinch får konkurrensgodkännande för förvärvet av Wavy

Written by Customer Service on December 24, 2020. Posted in Public Companies.

Stockholm, Sverige – Sinch AB (publ) – XSTO: SINCHSinch AB (publ), en ledande global leverantör av molntjänster för kundinteraktion via mobilen, meddelar idag att Sinchs förvärv av Wavy har godkänts av Superintendence-General vid den brasilianska konkurrensmyndigheten CADE, Conselho Administrativo de Defesa Econômica.Beslutet vinner laga kraft efter att 15 dagar har passerat och slutgiltig bekräftelse har erhållits från CADE. Affären väntas därför slutföras i början av 2021.Sinch offentliggjorde förvärvet av Wavy den 26 mars 2020. Förvärvet finansieras genom en kombination av kassa och lånefaciliteter. Då transaktionen slutförs kommer Sinch att betala Movile en kontant köpeskilling på 355 miljoner BRL och 1 534 582 nya aktier i Sinch genom apportemission. Detta innebär att antalet aktier i Sinch stiger till 64 708 252, vilket är en ökning...

First drawing of a tranche of OCEANE from the bond financing line announced on December 17, 2020

Written by Customer Service on December 24, 2020. Posted in Public Companies.

Éragny-sur-Oise, France, December 24, 2020, 8h30 CET – Safe Orthopaedics (FR0013467123 – ALSAF), a company specializing in the design, manufacturing and marketing of single-use technologies for spinal surgeries, delivering the safest treatment for spinal fractures urgently treated, announces the execution of the flexible bond financing line announced on December 17, 2020 broken down in 24 degressive OCEANE tranche, with the Luxembourg investment fund European High Growth Opportunities Securitization Fund (the “Investor”), by issuance of 1.680 Tranche Warrants for bonds convertible or exchangeable into new and/or existing shares with a part value of 5.000 € each (the “OCEANE”), decided by the Chief Executive Officer on December 23, 2020, the drawing of the first tranche of this program being initially planned on January 2020.Due to...

Premier tirage de la ligne financement de 8,4M€ annoncée le 17 décembre 2020

Written by Customer Service on December 24, 2020. Posted in Public Companies.

Éragny-sur-Oise, France, le 24 décembre 2020 à 8h30 CET – Safe Orthopaedics (FR0013467123 – ALSAF), société spécialisée dans la conception, la fabrication et commercialisation de technologies prêtes-à-l’emploi pour la chirurgie du dos, particulièrement sécurisantes pour les fractures vertébrales traitées en urgence, annonce la mise en œuvre de la ligne de financement obligataire flexible annoncée le 17 décembre 2020, se décomposant en 24 tranches dégressives d’OCEANE et souscrite auprès du fonds Luxembourgeois European High Growth Opportunities Securitization Fund (l’« Investisseur »), par l’émission de 1.680 bons d’émission d’obligations convertibles ou échangeables en actions nouvelles et/ou existantes d’une valeur nominale de 5.000 € chacune (les « OCEANE »), décidée par le Président-Directeur Général le 23 décembre, le tirage de...

McEwen Mining Mourns the Loss of Director, Dr. Leanne Baker

Written by Customer Service on December 24, 2020. Posted in Public Companies.

TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is deeply saddened to announce the passing of our dear friend and Director of 15 years, Dr. Leanne Baker.“I will miss Leanne’s clear and wise counsel, her warm friendship and courage. After her dear family, mining was one of her big passions and the industry has lost a valued champion!” stated Rob McEwen, Chairman & Chief Owner.“Leanne was a special person – fearless, embodying strength of conviction and humanity while always sharing her experience and acumen so generously. I admired her greatly and wanted to share her last words to me: Never give up,” remembers Carmen Diges, General Counsel.“Very sad, a reminder of the loss of loved ones and that time is precious. Leanne was a trailblazer and an inspiration to all women in mining who follow...

Eagle Growth and Income Opportunities Fund Announces Additional Liquidating Distribution to Shareholders and Provides Update on Wind Down Process

Written by Customer Service on December 24, 2020. Posted in Dividend Reports And Estimates.

BOSTON, Dec. 23, 2020 (GLOBE NEWSWIRE) — Eagle Growth and Income Opportunities Fund (the “Fund”) (formerly NYSE: EGIF) today announced an additional liquidating distribution to its shareholders. On or about December 31, 2020, the Fund will distribute $961,462, or $0.14 per share, in a cash liquidating distribution to shareholders entitled to such distribution.Including this liquidating distribution, since the Fund announced its liquidation on May 27, 2020 (the “Liquidation Date”), the Fund will have made four cash liquidating distributions to its shareholders totaling $89,896,649, or $13.09 per share. This represents a return to shareholders of 93.84% of the Fund’s net asset value per share as of the Liquidation Date.Consistent with prior liquidating distributions, the Fund has retained a limited amount...

Staffing 360 Solutions Announces Pricing of $2.5 million Public Offering of Common Stock

Written by Customer Service on December 24, 2020. Posted in Public Companies.

NEW YORK, Dec. 23, 2020 (GLOBE NEWSWIRE) — Staffing 360 Solutions, Inc. (NASDAQ: STAF), a staffing company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today announced that it has priced its previously announced underwritten public offering of 4,188,405 shares of its common stock at a public offering price of $0.60 per share, for aggregate gross proceeds of approximately $2.5 million. In addition, Staffing 360 Solutions has granted the underwriter a 30-day option to purchase up to an additional 628,260 shares of common stock at the public offering price, less the underwriting discounts and commissions. The offering is expected to close on or about December 29, 2020, subject to customary closing conditions.The Company intends...

Algernon Pharmaceuticals Announces Acceleration of Expiry Date of Warrants

Written by Customer Service on December 24, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Dec. 23, 2020 (GLOBE NEWSWIRE) — Algernon Pharmaceuticals Inc. (CSE: AGN) (FRANKFURT: AGW) (OTCQB: AGNPF) (the “Company” or “Algernon”) a clinical stage pharmaceutical development company announces that the Company has elected to exercise its acceleration right under the warrant indenture (the “Indenture”) governing the common share purchase warrants of the Company (the “November Warrants”) issued on November 1, 2019, Pursuant to the terms of the Indenture, the Company may accelerate the expiry date of the November Warrants when the daily volume-weighted average trading price (the “VWAP”) of the common shares of the Company (the “Common Shares”) exceeds $0.35 for the preceding 20 consecutive trading days on the Canadian Securities Exchange (the “CSE”).As of the close of markets on December 11, 2020,...

Ocugen Establishes Vaccine Scientific Advisory Board

Written by Customer Service on December 24, 2020. Posted in Public Companies.

MALVERN, Pa., Dec. 23, 2020 (GLOBE NEWSWIRE) — Ocugen, Inc., (NASDAQ: OCGN), a leading biopharmaceutical company focused on discovering, developing and commercializing a pipeline of innovative therapies, today announced the appointment of a vaccine scientific advisory board comprised of leading academic and industry experts in the vaccine field to evaluate the clinical and regulatory path to approval in the US market of Bharat Biotech’s COVAXIN™, a whole-virion inactivated COVID-19 vaccine candidate to be co-developed by Ocugen and Bharat Biotech for the US market.Dr. Shankar Musunuri, Chairman, CEO, and Co-Founder of Ocugen remarked, “We are thrilled to welcome this group of esteemed thought leaders to the Ocugen team to assist in our co-development with Bharat Biotech of COVAXIN™. This unique yet traditional vaccine candidate...

Day: December 24, 2020

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