Day: January 3, 2025

NEW YORK, Jan. 03, 2025 (GLOBE NEWSWIRE) — Roadzen Inc. (Nasdaq: RDZN), (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced the pricing of a best-efforts offering of 2,222,300 ordinary shares at a public offering price of $2.25 per share, for gross proceeds of approximately $5,000,000, before deducting placement agent fees and offering expenses. All of the ordinary shares are being offered by the Company. The offering is expected to close on January 6, 2025, subject to satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offering primarily for costs directly related to sales and marketing, for research and development, working capital and general corporate purposes, including personnel costs, capital expenditures and the...

Unlocking the Future of Thermal Imaging with Superior Sensitivity, AI Power, Privacy Protection, and Affordable Pricing TAINAN, Taiwan and SYDNEY, Jan. 03, 2025 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (“Himax” or “Company”) (Nasdaq: HIMX), an industry leader in fabless display driver ICs and other semiconductors, and Calumino Pty. Ltd. (“Calumino”), a leader in intelligent thermal imaging solutions, today announced their strategic partnership and the unveiling of their innovative, CMOS imager-based optical thermal sensor, marking a significant step forward in AI thermal sensing and imaging across industries. At CES 2025, Himax and Calumino join forces to showcase a joint-collaborated optical thermal sensor, leveraging Himax’s extensive expertise in ultralow power WiseEyeTM AI processor, WiseEye2, and low power HM0360 CMOS image...

VANCOUVER, British Columbia, Jan. 03, 2025 (GLOBE NEWSWIRE) — Western Resources Corp. (TSX: WRX) (“Western Resources” or the “Company“) announces that its principal regulator, the British Columbia Securities Commission, has granted the Company its request for a management cease trade order (“MCTO”) effective January 2, 2025. As previously announced on December 17, 2024, the Company applied for the MCTO due to a delay in filing its annual information form, audited annual financial statements and related management’s discussion and analysis, and certifications for the financial year ended September 30, 2024 (the “Required Filings“). The delay to file the Required Filings is due to continuing financial hardship the Company has been experiencing. The Company is working diligently to secure...

LOS ANGELES, Jan. 02, 2025 (GLOBE NEWSWIRE) — ACELYRIN, INC. (Nasdaq: SLRN), a late-stage clinical biopharma company focused on accelerating the development and delivery of transformative medicines in immunology, today announced it will host a virtual investor event on Monday, January 6, 2025 at 4:30 PM ET to provide updated Phase 2 data for subcutaneous lonigutamab further supporting its potential for a best-in-class efficacy and safety profile in Thyroid Eye Disease (TED). The event will also feature external clinician perspectives on the continuing unmet needs in TED and disclose the design for the Phase 3 LONGITUDE program, which was developed following a successful End-of-Phase 2 meeting with the FDA to be the most inclusive registrational program to date in TED. To register, click here. ACELYRIN Chief Executive Officer Mina...

HOUSTON, Jan. 02, 2025 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of December 31, 2024. As of December 31, 2024, the Company’s net assets were $2.4 billion, and its net asset value per share was $13.90. As of December 31, 2024, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 653% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 488%.STATEMENT OF ASSETS AND LIABILITIESDECEMBER 31, 2024   // (UNAUDITED)      (in millions)Investments   $ 3,263.1  Cash...

WHITE SULPHUR SPRINGS, Mont., Jan. 02, 2025 (GLOBE NEWSWIRE) — Sandfire Resources America Inc. (“Sandfire America” or the “Company”) announces a positive ruling for the Company by the Montana Supreme Court upholding a 2023 District Court decision regarding the water rights related to Tintina Montana Inc.’s Mine Operating Permit, of the Black Butte Copper Project. The original suit was filed jointly against the Montana Department of Natural Resources and Conservation (“MT DNRC”) and Tintina Montana Inc. (“Tintina,” Sandfire America’s wholly owned subsidiary) in August 2022. As background, Tintina filed its application for a beneficial groundwater permit with the MT DNRC in September 2018. In March 2020, the MT DNRC determined that Tintina had satisfactorily met all the statutory criteria for the issuance of the Permit. The MT DNRC’s...