Day: October 1, 2021

Company Achieved New Record-High Monthly and Quarterly Deliveries •     NIO delivered 10,628 vehicles globally in September 2021, increasing by 125.7% year-over-year •     NIO delivered 24,439 vehicles in the three months ended September 2021, increasing by 100.2% year-over-year •     Cumulative deliveries of the ES8, ES6 and EC6 as of September 30, 2021 reached 142,036 SHANGHAI, China, Oct. 01, 2021 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market in China, today announced its September 2021 delivery results. With the concerted efforts of NIO teams and supply chain partners, NIO delivered 10,628 vehicles globally in September 2021, an all-time high monthly record representing a robust growth of 125.7% year-over-year. The deliveries consisted...

Ad hoc announcement pursuant to Art. 53 LR Pratteln, Switzerland, October 1, 2021 : SIX Exchange Regulation has permitted Santhera to publish its interim report for the six-month period ended June 30, 2021, on October 15, 2021, at the latest. Following the successful completion of Santhera’s equity financing last week, Santhera is in the process of completing the 2021 interim report and Santhera’s auditors are currently performing the final review procedures, in particular with regard to the financing, which is a significant event after balance sheet date under applicable reporting standards. Previously, on September 20, 2021, Santhera has already published key preliminary unaudited financial results for the six months ended June 30, 2021. These can be viewed here. As required by SIX Exchange Regulation, Santhera hereby reprints...

ING announces €1.7 billion share buyback programme ING announced today the start of a share buyback programme under which it plans to repurchase ordinary shares of ING Groep, with a maximum total value of €1,744 million and for a number of shares not exceeding the authority granted by the general meeting of shareholders (10% of the issued shares). The share buyback programme will commence on 5 October 2021 and is expected to end no later than 5 May 2022. The purpose of the share buyback programme is to reduce the share capital of ING. “ING aims to provide an attractive return to shareholders and this buyback will help optimise our capital structure’, says Steven van Rijswijk, CEO ING Group. ‘While supporting our customers during the pandemic we also succeeded in generating capital and are able to launch this programme based on our strong...

Reducing leverage by repayment of $213 million Series B; Improving flexibility by deferring Series B put option until December 31, 2022 ROLLE, Switzerland, Sept. 30, 2021 (GLOBE NEWSWIRE) — Garrett Motion Inc. (Nasdaq: GTX), a leading, differentiated technology provider for the automotive industry, today announced it has amended and restated the Certificate of Designations of the Series B Preferred Stock (the “Series B”) that results in de-leveraging and improved balance sheet flexibility. Upon completion of its financial restructuring on April 30, 2021, Garrett issued the Series B to an affiliate of Honeywell International Inc. (“Honeywell”). The present value of the Series B reflects a 7.25% discount rate on the remaining scheduled payments. The present value on the Series B was $585 million on June 30, 2021 and will be approximately...

Cambridge, MA, Sept. 30, 2021 (GLOBE NEWSWIRE) — WinVest Acquisition Corp. (NASDAQ: WINVU, the “Company”) today announced that the holders of the Company’s units may elect to separately trade the common stock, redeemable warrants and rights underlying such units commencing on October 4, 2021. Those units not separated will continue to trade on the Nasdaq Capital Market under the symbol “WINVU” and the common stock, warrants and rights that are separated will be listed on the Nasdaq Capital Market and trade under the symbols “WINV,” “WINVW” and “WINVR,” respectively. Holders of the Company’s units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate units into shares of common stock, warrants and rights. This press release shall not constitute...

Key highlights:Weebit, together with its development partner CEA-Leti, demonstrate production-level parameters for its ReRAM technology at 28nm Key step in productising the technology for the embedded memory market Weebit’s ReRAM technology can support smaller geometries used in AI, autonomous driving, 5G and advanced IoT Weebit’s ReRAM is well-positioned to be a key memory technology for embedded non-volatile memory for advanced process nodes where flash memory is no longer feasibleHOD HASHARON, Israel, Sept. 30, 2021 (GLOBE NEWSWIRE) — Weebit Nano Limited (ASX:WBT), a leading developer of next-generation memory technologies for the global semiconductor industry, together with its development partner CEA-Leti, have demonstrated production-level parameters of Weebit’s Resistive Random-Access Memory (ReRAM) technology in a...

BROOKFIELD, NEWS, Sept. 30, 2021 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) and Brookfield Infrastructure Corporation (NYSE: BIPC; TSX: BIPC) (collectively “Brookfield Infrastructure”) today announced they are extending the voluntary sale program (the “Program”) they initiated in July 2021 through which eligible holders of BIP limited partnership units and/or BIPC class A exchangeable subordinate voting shares (collectively the “Odd Lot Securities”) may conveniently sell their Odd Lot Securities. The program benefits securityholders who held fewer than 100 Odd Lot Securities, as of July 7, 2021, being the record date in respect of the Program, and want to sell their Odd Lot Securities without paying brokerage commissions, thereby avoiding having to incur fees that could represent a material...