Year: 2023

Ness Ziona, Israel, Dec. 07, 2023 (GLOBE NEWSWIRE) — Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“FRSX” or the “Company”), an innovator in automotive vision systems, today announced it has entered into definitive agreements with institutional investors and insiders of the Company, including the Company’s Chief Executive Officer (through a company under his control), for the purchase and sale of 4,500,000 of the Company’s American Depositary Shares (“ADSs”) at a price of $1.00 per ADS pursuant to a registered direct offering. The gross proceeds of the offering will be approximately $4.5 million, before deducting placement agent fees and other estimated offering expenses. The closing of the offering is expected to occur on or about December 11, 2023, subject to the satisfaction of customary closing conditions. The...

Cutting Through The AI Noise VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) — VERSES AI Inc. (CBOE: VERS) (OTCQX: VRSSF) (“VERSES” or the “Company”), a cognitive computing company specializing in the next generation of intelligent software systems, announces the final installment of the 2023 webinars series, “The Future of AI Governance,” hosted by Dentons US. If you follow AI, you’re likely aware of the distracting noise circulating about how best to manage its technology locally and globally. Are we approaching a tipping point, moving towards artificial general intelligence? Is there a consensus on a global regulatory approach? In this webinar, our speakers will cut through the noise by offering a clear outline of the key considerations in AI governance, the latest developments in international...

NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) — Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem announces that Ascendiant Capital Markets LLC (“Ascendiant”) has issued an equity research update. Click Here (on Society Pass website) or Here (on Ascendiant website) to view the full Ascendiant Equity Research Report. Summary Points:• Valuation: Ascendiant maintains a positive outlook due to SoPa’s high growth prospects and large upside opportunities. Continued strong economic expansion, robust population growth, rising level of urbanization, the emergence of the middle class, and the increasing rate of adoption of mobile technology provide fast growing market opportunities for SoPa. • 3rd Quarter 2023 Results Shows Improvement Y-O-Y: Revenues...

The new Silicon Valley office is set to become a hub of innovation and customer engagement YOKNEAM ILLIT, ISRAEL, Dec. 07, 2023 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, has announced a strategic expansion in North America with the establishment of a new U.S. office in Redwood City, California. This significant move is set to amplify the Company’s presence and foster stronger relationships with partners in the rapidly growing wearables market. Located in the heart of Silicon Valley, this new office positions Wearable Devices to deeply engage with the vibrant tech community and respond swiftly to the dynamic needs of North American customers. “Our...

SUGAR LAND, Texas, Dec. 07, 2023 (GLOBE NEWSWIRE) — CVR Energy, Inc. (the “Company” or “CVR Energy”) (NYSE: CVI) announced today that, subject to market conditions, it intends to offer (the “Offering”) for sale in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), $600 million in aggregate principal amount of senior unsecured notes due 2029 (the “Notes”). The Notes are expected to be jointly and severally guaranteed on a senior unsecured basis by certain of the Company’s domestic subsidiaries, including each of the Company’s subsidiaries that is a borrower or guarantor under the Company’s $275 million senior secured asset based revolving credit facility. The Company intends to use the net proceeds from the Offering, together with cash on hand, to redeem...

VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) and Oldendorff Carriers GmbH & Co. KG (“Oldendorff”) today announced an agreement to use wind propulsion to further reduce CO2 emissions in Teck’s supply chain. The joint investment will see the vessel Dietrich Oldendorff, which carries shipments of Teck steelmaking coal from the Port of Vancouver, outfitted with a Flettner Rotor system by mid-2024. The Flettner Rotors generate lift from the wind, which is translated into additional thrust, thereby reducing fuel consumption on voyages across the Pacific. The addition of the rotors, along with other emission savings measures, is expected to reduce emissions by 55% resulting in an annual reduction of over 17,000 tonnes of CO2 emissions, equal to...