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Day: November 25, 2024

Teva to Present at the 7th Annual Evercore ISI HealthCONx Conference

TEL AVIV, Israel, Nov. 25, 2024 (GLOBE NEWSWIRE) — Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today announced that Richard Francis, Teva’s President and CEO, and Eric Hughes, Teva’s Executive Vice President of Global R&D and Chief Medical Officer, will present at the 7th Annual Evercore ISI HealthCONx Conference on Thursday, December 5, 2024. The presentation will begin at 8:20 A.M. Eastern Time. To access a live webcast of the presentation, visit Teva’s Investor Relations website at https://ir.tevapharm.com/Events-and-Presentations. An archived version of the webcast will be available within 24 hours after the end of the live discussion. About Teva Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is a global pharmaceutical leader, harnessing our generics expertise and stepping up innovation to...

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LexinFintech Holdings Ltd. Reports Third Quarter 2024 Unaudited Financial Results

SHENZHEN, China, Nov. 25, 2024 (GLOBE NEWSWIRE) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended September 30, 2024. “Total loan origination for the third quarter reached approximately RMB51.0 billion, remaining stable on a quarter-over-quarter basis, but reflecting a 19.5% decrease year-over-year. The outstanding loan balance was RMB111.2 billion, down by 3.4% quarter-over-quarter and by 7.8% year-over-year. These figures align with the guidance we provided earlier, reflecting our prudent operational principles amid the challenges of a sluggish macroeconomic recovery,” said Jay Wenjie Xiao, Chairman and CEO of Lexin. “However, despite the trend of a declining loan...

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Mustang Energy Corp. Announces Strategic Financing of up to C$3.0 Million and Engagements with Red Cloud Securities Inc. and German Mining Networks GmbH

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 25, 2024 (GLOBE NEWSWIRE) — Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) (“Mustang” or the “Company”) is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to C$3,000,000 from the sale of the following (together, the “Offering”):up to 8,000,000 non-flow through common shares in the capital of the Company (each, a “Share”) at a price of C$0.25 per Share for gross proceeds of up to C$2,000,000 from the sale of the Shares; and up to 3,448,276 critical flow-through common shares of the Company (each, a “FT Share”, and collectively with the Shares, the “Offered Securities”) at a price of C$0.29 per FT Share for gross proceeds of up to C$1,000,000 from the...

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P10, Inc. Announces HPS Investment Partners and Enhanced Capital Launch Innovative Partnership to Invest in Energy Transition Projects

DALLAS, Nov. 25, 2024 (GLOBE NEWSWIRE) — P10, Inc. (NYSE: PX), a leading private markets solutions provider, announced the launch of a new partnership between funds managed by HPS Investment Partners and Enhanced Capital, a P10 affiliated manager, that will provide structured capital solutions for renewable energy and battery energy storage projects throughout the United States. The investments made by the partnership will be designed to provide capital to energy transition projects while simplifying the monetization of renewable energy tax credits without the need for complex tax equity structures. The Inflation Reduction Act (IRA) passed in 2022 contained several provisions aimed at improving access to capital and reducing barriers to the deployment of renewable energy and energy storage assets to support economy-wide decarbonization...

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Rackspace Technology to Participate in the UBS Global Technology and AI Conference

Amar Maletira, Chief Executive Officer, to Participate in a Fireside Chat SAN ANTONIO, Nov. 25, 2024 (GLOBE NEWSWIRE) — Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced that Amar Maletira, Rackspace Chief Executive Officer, and Mark Marino Rackspace Chief Financial Officer will participate in fireside chat with speaking on Wednesday, December 4, 2024, at 10:55 AM – 11:25 AM MT.   To listen to the live webcast or access the replay following the webcast, please visit our IR website at the following link: https://ir.rackspace.com/news-and-events/events-and-presentations.   About Rackspace TechnologyRackspace Technology is a leading end-to-end, hybrid, multicloud, and AI solutions company. We can design, build, and operate our customers’ cloud environments...

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Hesai Group Reports Third Quarter 2024 Unaudited Financial Results

Quarterly net revenues were RMB539.4 million (US$76.9 million)1 Quarterly lidar shipments were 134,208 units SHANGHAI, Nov. 25, 2024 (GLOBE NEWSWIRE) — Hesai Group (“Hesai” or the “Company”), (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended September 30, 2024. Operational Highlights  Three months ended September 30, 2024   Nine monthsended September 30, 2024ADAS lidar shipments 129,913   263,148Autonomous Mobility lidar shipments 4,295   16,687Total lidar shipments 134,208   279,835       Q3 2024 ADAS lidar shipments were 129,913 units, representing an increase of 220.0% from 40,593 units in the corresponding period of 2023. Q3 2024 Total lidar shipments were 134,208 units, representing...

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Agora, Inc. Reports Third Quarter 2024 Financial Results

SANTA CLARA, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) — Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the third quarter ended September 30, 2024. “Recently, we launched our Conversational AI SDK in collaboration with OpenAI’s Realtime API to allow developers to bring voice-driven AI experiences to any app. We believe multimodal AI agents that can interact with human through natural voice will gain widespread adoption across many use cases such as customer support, education and wellness, and Agora is well positioned to become a key infrastructure provider for real-time conversational AI,” said Tony Zhao, founder, chairman and CEO of Agora. “To support this vision, we recently made some structural changes, aligning our organization...

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Capstone Infrastructure Corporation Releases Inaugural ESG Report Since Transition to Dedicated Independent Power Producer

Capstone’s 2023 ESG ReportCover PhotoToronto, Ontario, Nov. 25, 2024 (GLOBE NEWSWIRE) — Capstone Infrastructure Corporation (TSX: CSE.PR.A) (the “Corporation” or “Capstone”) today released its first Environmental, Social, and Governance (“ESG”) Report since its transition to a dedicated, renewables-focused independent power producer. “As a fast-growing company in an increasingly complex and dynamic world, our ESG program has been developed and integrated across the organization to help ensure we repeat and improve the “Capstone Way” of doing things – quality and integrity in our endeavours, protecting people and the environment, and building the value of our company,” says David Eva, Chief Executive Officer of Capstone. The release of the inaugural ESG Report highlights Capstone’s dedication...

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Clearway Energy, Inc. Signs Binding Agreement to Acquire 137 MW Wind Project

PRINCETON, N.J., Nov. 25, 2024 (GLOBE NEWSWIRE) — Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced that it has entered into a binding agreement to acquire the operational Tuolumne Wind Project from Turlock Irrigation District. Tuolumne Wind Project is a 137 MW wind project located in Klickitat County, WA that achieved commercial operations in 2009. The project will sell power under a new PPA with Turlock Irrigation District, an investment-grade regulated entity, with an initial contract term of 15 years to 2040. In conjunction with the acquisition, the Company also has received from Turlock Irrigation District a contractual extension option to enable a potential future repowering of the project. After factoring in estimated closing adjustments and new non-recourse project-level debt, the Company expects its...

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Quisitive Reports Third Quarter 2024 Financial Results

TORONTO, Nov. 25, 2024 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft Cloud and AI solutions provider, today reported financial results for the third quarter ended September 30, 2024. Management Commentary“Our Cloud business maintained stability as we experienced modest sequential growth and saw an expanding pipeline of AI-driven customer engagements,” said Quisitive CEO Mike Reinhart. “The hiring process of specialized staff from Microsoft’s investment in our Blackbelt Team has been completed and will enhance our ability to further establish a strong pipeline of customer opportunities. We have also developed new IP for our AI Innovation Center, designed for customers in the Azure environment to accelerate their AI use case testing and to facilitate...

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