Day: September 20, 2024

Diamondback Energy Announces Pricing of Upsized Secondary Common Stock Offering

Written by Customer Service on . Posted in Public Companies.

MIDLAND, Texas, Sept. 19, 2024 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) announced today the upsize and pricing of an underwritten public offering of 12,770,000 shares of its common stock (the “Secondary Offering”) by certain Legacy Endeavor Stockholders (the “Selling Stockholders”). The gross proceeds from the sale of the shares by the Selling Stockholders will be approximately $2.2 billion. Diamondback will not receive any proceeds from the sale of the shares by the Selling Stockholders. The Secondary Offering is expected to close on September 23, 2024, subject to customary closing conditions. The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,615,500 shares of common stock. In addition, Diamondback has agreed to purchase from the underwriters...

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Richtech Robotics Introduces Scorpion, an AI-Powered Single-Arm Beverage Service Robot, and Announces Distribution Partnership for 500 Robots Over Five Years

Written by Customer Service on . Posted in Public Companies.

Figure: 1 Richtech Robotics Introduces Scorpion, an AI-Powered Single-Arm Beverage Service Robot Leveraging NVIDIA accelerated computing and offering personalized drinks, Scorpion is expected to save costs, generate revenue, and provide an unforgettable customer experience LAS VEGAS, Sept. 19, 2024 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada-based provider of AI-driven service robots, today launches Scorpion, its AI-powered, single-arm beverage service robot. Providing customized drink recommendations based on preferences and mood, Scorpion leverages NVIDIA AI technologies to support its cocktail and wine tasting programs. Additionally, Richtech Robotics signed a distributor agreement with Park 34 Liquor Store Inc., under which the distributor has agreed to sell a minimum of 500...

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