September 3, 2024 – Page 6

Treasure Global Inc Strengthens Leadership with Appointment of New Independent Directors

Written by Customer Service on September 3, 2024. Posted in Public Companies.

NEW YORK and KUALA LUMPUR, Malaysia, Sept. 03, 2024 (GLOBE NEWSWIRE) — Treasure Global Inc (NASDAQ: TGL) (“Treasure Global” or the “Company”), a leading technology solutions provider, is pleased to announce the appointment of two new independent directors, Mr. Leong Wei Ping and Mr. Anand Ramakrishnan to its Board. This strategic move underscores the Company’s ongoing efforts to strengthen its leadership team and enhance its corporate governance as it continues to scale its operations and expand its global presence. Mr. Leong Wei Ping currently serves as an Executive Director at Asia Television Holdings Limited, which he joined in 2020. In this capacity, he is primarily responsible for the planning, organizing, and directing of the organization’s operations and programs, as well as overseeing and reporting on the company’s...

Mixed Reality Market to Exceed Market Valuation USD 76.91 Billion by 2031 | SkyQuest Technology

Written by Customer Service on September 3, 2024. Posted in Mergers And Acquisitions.

Westford, USA, Sept. 03, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Mixed Reality Market will reach a value of USD 76.91 Billion by 2031, with a CAGR of 44.5% during the forecast period (2024-2031). The world is witnessing remarkable growth in the demand for immersive technologies in nearly every industry. At present, the mixed reality market is flourishing at a notable pace as companies continue the benefits from a unique and digital landscape. The top industries demanding mixed reality include aerospace, automotive, and healthcare. Moreover, the rising demand for mixed reality services in surgical procedures and medical training, and the demand for remote working and immersive gaming experiences is boosting the mixed reality market growth. Download a detailed overview: https://www.skyquestt.com/sample-request/mixed-reality-market...

Semnur Pharmaceuticals, Inc., a Wholly Owned Subsidiary of Scilex Holding Company, and Denali Capital Acquisition Corp. (Nasdaq: DECA) Announce Signing of a Merger Agreement for a proposed Business Combination, Providing for a Pre-Transaction Equity Value of Semnur of $2.5 Billion

Written by Customer Service on September 3, 2024. Posted in Mergers And Acquisitions.

Semnur Pharmaceuticals, Inc. (“Semnur”), a wholly owned subsidiary of Scilex Holding Company (Nasdaq: SCLX, “Scilex”), and Denali Capital Acquisition Corp. (Nasdaq: DECA, the “SPAC”) announce the signing of an agreement and plan of merger for a proposed business combination (the “Business Combination Agreement”), which provides for a pre-transaction equity value of Semnur of $2.5 billion. The Board of Scilex, Semnur, and Denali Capital Acquisition Corp. have approved the proposed transaction. The proposed business combination would create a publicly traded biopharma company and further provide investment into Semnur for the development of a non-opioid product, SP-102 (10 mg injectable dexamethasone sodium phosphate viscous gel), or SEMDEXA™, a Phase 3 novel non-opioid, viscous gel formulation of a widely used corticosteroid for...

Agba and Triller Announce Amended and Restated Merger Agreement

Written by Customer Service on September 3, 2024. Posted in Mergers And Acquisitions.

Upon transaction closing, the newly combined companies will trade on the Nasdaq under the name “Triller Group Inc.” with new expected ticker “ILLR” Transaction closing is anticipated to occur soon, subject to regulatory clearance, approval by AGBA’s shareholders and other customary closing conditions Merger will create a cutting-edge, next-generation, social media and entertainment platform for creators and users, powered by AI and machine-learning technologies LOS ANGELES, Sept. 03, 2024 (GLOBE NEWSWIRE) — AGBA Group Holding Limited (Nasdaq: AGBA) (“AGBA”), a multi-channel business platform delivering first-class financial services through machine-learning technologies, and Triller Corp. (“Triller”), a next generation, AI-powered, social media and live-streaming event platform, today announced that on August 30, 2024, the...

Form 8.3 – AXA INVESTMENT MANAGERS: REA GROUP LTD

Written by Customer Service on September 3, 2024. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: AXA Investment Managers S.A. (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree REA Group Ltd (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening...

Smart Meters Market to Surpass Market Valuation of USD 49.35 Billion by 2031 | SkyQuest Technology

Written by Customer Service on September 3, 2024. Posted in Mergers And Acquisitions.

Westford, USA, Sept. 03, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Smart Meters Market will reach a value of USD 49.35 Billion by 2031, with a CAGR of 10.1% during the forecast period (2024-2031). Smart metering has presented unparalleled growth in the recent past. The technology has impressively advanced and improved efficiency for energy distribution companies. Moreover, the growth of Advanced Metering Infrastructure (AMI) 2.0 is one of the leading trends seen in the market. It allows 2-way communication between consumers and the utilities, which streamlines management and monitoring of power consumption in real-time and helps lower losses in the distribution system. This trend will majorly drive the smart meters market over the forecast period. Download a detailed overview: https://www.skyquestt.com/sample-request/smart-meters-market...

United Community Banks, Inc. and 21st Mortgage Corporation Close Sale of Manufactured Housing Loan Portfolio

Written by Customer Service on September 3, 2024. Posted in Mergers And Acquisitions.

GREENVILLE, S.C., Sept. 03, 2024 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NYSE: UCB) (“United”) announced today the August 30th closing of the sale of substantially all of its manufactured housing loan portfolio, totaling $318.2 million, to 21st Mortgage Corporation, a division of Clayton Homes. The business was part of the Reliant Bancorp, Inc. acquisition in January of 2022. The portfolio had been in runoff following United’s decision to cease originations in the third quarter of 2023. “Rather than continue to slowly liquidate the portfolio through normal collections, we took this opportunity to accelerate our exit from this business,” said Lynn Harton, Chairman and CEO. “21st Mortgage Corporation is the premier lender in this area with great capability to service the customers. In addition to removing a management distraction,...

SigmaTron International, Inc. Reports Financial Results for Fiscal 2024

Written by Customer Service on September 3, 2024. Posted in Earnings Releases And Operating Results.

ELK GROVE VILLAGE, Ill., Sept. 03, 2024 (GLOBE NEWSWIRE) — SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services company (the “Company”), today reported revenues and earnings for the fiscal quarter and fiscal year ended April 30, 2024. Revenues from continuing operations decreased $40.6 million, or 10 percent, to $373.9 million for fiscal 2024 compared to $414.4 million for fiscal 2023. Net income/(loss) from continuing operations for fiscal 2024 was a loss of $2.5 million, compared to net income of $14.2 million for fiscal 2023. Basic and diluted income/(loss) per share from continuing operations for fiscal 2024 was a loss of $0.41, compared to $2.34 income per share for fiscal 2023. For the three months ended April 30, 2024, revenues from continuing operations decreased $27.1 million, or 25 percent,...

CVRx Announces Appointment of Two New Board Members

Written by Customer Service on September 3, 2024. Posted in Public Companies.

Kevin Ballinger and Mitch Hill appointed as new independent Board members MINNEAPOLIS, Sept. 03, 2024 (GLOBE NEWSWIRE) — CVRx, Inc. (NASDAQ: CVRX) (“CVRx”), a commercial-stage medical device company, today announced the appointments of Kevin Ballinger and Mitch Hill to its Board of Directors, effective immediately. The Company also announced that long-serving board member Ali Behbahani will be leaving the board. Following these changes, the Company’s Board of Directors consists of seven members. “We are thrilled to welcome Kevin and Mitch to our Board of Directors,” said Kevin Hykes, President and CEO of CVRx. “Their extensive experience in the medical device industry, coupled with their strong track records driving growth and innovation, will be invaluable as we continue to expand the adoption of...

Robinhood Markets, Inc. to Present at the Goldman Sachs Communacopia + Technology Conference on September 10, 2024

Written by Customer Service on September 3, 2024. Posted in Public Companies.

MENLO PARK, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) — Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced that it will be participating in the upcoming Goldman Sachs Communacopia + Technology Conference on Tuesday, September 10, 2024. Robinhood Chief Executive Officer and Co-Founder Vlad Tenev is scheduled to present on Tuesday, September 10, 2024, at 3:05 PM PT / 6:05 PM ET. Interested parties may access a live audio webcast of the presentation by visiting investors.robinhood.com. Following the presentation, a recording will be available for replay for at least 90 days on the same website. About Robinhood Robinhood Markets, Inc. is on a mission to democratize finance for all. In the U.S., people can invest with no account minimums through Robinhood Financial LLC, a registered broker dealer (member SIPC), buy and...

Day: September 3, 2024

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