Investment & Financing

Lynk Pharmaceuticals Completes 200 Million RMB Series C1 Financing to Accelerate Clinical Development of Core Products

2023-05-31 08:25 4001

HANGZHOU, China, May 31, 2023 /PRNewswire/ -- Lynk Pharmaceuticals Co., Ltd. (hereinafter referred to as 'Lynk Pharmaceuticals'), an innovative clinical stage company, today announced the successful completion of aRMB 200 million Series C1 financing round. There was joint participation by China G...

InfraBuild closes USD350m Senior Secured Asset-Backed Term Loan

2023-05-30 22:07 2312

* InfraBuild closes a USD350m Asset-Backed Term Loan led by funds and accounts managed by BlackRock and Silver Point Finance. * The InfraBuild business has maintained its strong financial performance through the first three quarters of its 2023 fiscal year. SYDNEY, May 30, 2023 /PRNewswire/ -...

Cheche Technology and Shanghai Insurance Exchange Hosted New Energy Vehicle-Focused Auto Insurance Industry Summit

2023-05-30 21:00 4272

BEIJING, May 30, 2023 /PRNewswire/ -- Cheche Technology Inc. ("Cheche Technology" or the "Company"), China's leading auto insurance technology platform, jointly hosted an auto insurance industry summit focused on new energy vehicles ("NEV"s) with the Shanghai Ins...

TD Holdings, Inc. and Achieve Prosper Limited to Establish Joint Venture in Lombok, Indonesia for Mining Three Local Large Gold Deposits

2023-05-30 20:30 3846

Aims to fuel business growth and increase profitability through exploring mineral resources. SHENZHEN, China, May 30, 2023 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider inChina, today announced that it has signed a partnership agreement (...

ANEW MEDICAL, INC. Enters Into Definitive Merger Agreement with Redwoods Acquisition Corp.

2023-05-30 18:00 3033

* ANEW MEDICAL, INC. ("ANEW") has entered into a definitive business combination agreement with Redwoods Acquisition Corp. (NASDAQ: RWOD). * ANEW is developing a platform and commercializing novel gene therapies to alleviate and/or reverse the progression of neurogenerative diseases. * ANEW ...

Fujitsu and Microsoft announce global partnership to enable "sustainability transformation"

2023-05-30 13:10 2224

* The five-year agreement will significantly contribute to accelerated growth of the Fujitsu Uvance business to achieve revenue of over$5.4 billion USD (700 billion yen) (1) annually by Fujitsu's Fiscal Year 2025, ending March 31st * The partnership will leverage Fujitsu's industry innovations...

Stockbit and Fullerton Fund Management forge strategic partnership to tap the Indonesian fund management market

2023-05-30 10:30 3180

Both firms will collaborate to deliver investment solutions tailored to the needs of Indonesian investors JAKARTA, Indonesia and SINGAPORE, May 30, 2023 /PRNewswire/ -- PT Stockbit Investa Bersama ("Stockbit") and Fullerton Fund Management Company Ltd ("Fullerton"), have entered into a strategic...

Amplo Biotechnology Secures Fast Track STTR Funding for AMP-201, a Promising Gene Therapy Targeting Collagen Q Deficiency

2023-06-01 04:24 3919

SAN DIEGO, May 29, 2023 /PRNewswire/ -- Amplo Biotechnology, a leading US-based biotech company dedicated to developing innovative AAV-based gene therapies for neuromuscular junction disorders announced the award of a Fast Track Phase I/II STTR grant from theNIH-NINDS. This highly competitive gra...

MingZhu Logistics Enters Share Purchase Agreement to Acquire Alliance Liquor

2023-05-26 21:22 5658

SHENZHEN, China, May 26, 2023 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has entered into a Share Purchase Agreement (the "SPA") to acquire 100% equity...

Evermos Announces Largest Fundraise at USD39 million to Fuel Business Expansion of Connected Commerce Network

2023-05-26 18:00 4224

BANDUNG, Indonesia, May 26, 2023 /PRNewswire/ -- Evermos, Indonesia's largest social commerce platform, successfully raisedUSD39 million in its Series C funding round. Led by the International Finance Corporation (IFC) — a member of the World Bank group — and followed by returning partners such a...

LG Energy Solution and Hyundai Motor Group to Establish Battery Cell Manufacturing Joint Venture in the U.S.

2023-05-26 13:22 2273

* The new battery cell JV will be located in Bryan County, Savannah, Georgia where Hyundai Motor Group Metaplant America is currently being built * Total investment amount of over USD 4.3 billion; LGES and HMG to take a 50 percent stake respectively * JV's battery production aimed to start a...

MITHAQ ACQUIRES ADDITIONAL COMMON SHARES OF AIMIA

2023-05-26 02:59 2556

TORONTO, May 26, 2023 /PRNewswire/ -- Mithaq Capital SPC (" Mithaq " ) announced today that it has acquired 9,234,500 common shares ("Common Shares") of Aimia  Inc. ("Aimia ") for an aggregate purchase price of $37,399,725, or $4.05 per share, pursuant to private agreements with certain third ...

Deltek Reaches Agreement to Acquire Replicon, A Global Provider of Knowledge Workforce Management Solutions for Project and Service-Centric Organizations

2023-05-26 02:02 2783

HERNDON, Va., May 26, 2023 /PRNewswire/ -- Deltek, the leading global provider of software and solutions for project-based businesses, announced today that it has entered into an agreement to acquireReplicon – a provider of unified time tracking solutions that bring together Project Delivery, Fin...

Spring REIT Announces Unit Buy-back

2023-05-25 22:47 5195

HONG KONG, May 25, 2023 /PRNewswire/ -- Spring Asset Management Limited (the " Manager"), manager of Spring Real Estate Investment Trust ("Spring REIT", stock code: 1426), today announced that it intends to repurchase approximately 4.23% of Spring REIT's total number of issued units as at the Late...

SUNRATE partners MODIFI to support the cross-border B2B payments of SMEs

2023-05-25 09:00 3081

SINGAPORE, May 25, 2023 /PRNewswire/ -- SUNRATE, the intelligent global payment and treasury management platform for businesses worldwide and MODIFI, a global commerce platform for business payments and trade management have announced a strategic partnership aimed at supporting the growth of SMEs...

Zone & Co Announces Acquisition of Global Payroll Solution Provider Infinet Cloud

2023-05-25 07:07 2513

With the acquisition, Zone strategically expands its rapidly growing portfolio of apps — Zone Apps — with international payroll and related business productivity solutions, further advancing its vision to deliver end-to-end software that simplifies and automates critical financial data and wor...

Greencity Acquisition Corporation Announces Receipt of Notice from Nasdaq Regarding the Determination of Delisting

2023-05-23 22:00 2876

SHANGHAI, May 23, 2023 /PRNewswire/ -- Greencity Acquisition Corporation (NASDAQ: GRCY) (the "Company") today announced that it has received a notice ("Notice") from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") onMay 22, 2023. The Notice advised the Company that bas...

Shutterstock to Acquire GIPHY, the World's Largest GIF Library and Search Engine

2023-05-23 19:01 3509

Adds a mobile content platform with 1.7 billion daily users and global partners including Instagram, Facebook, WhatsApp, Microsoft, TikTok, Samsung, Twitter, Slack and Discord NEW YORK, May 23, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a premier partner for transformative brands, dig...

MIDEA AND MANCHESTER CITY EXTEND GLOBAL PARTNERSHIP

2023-05-23 16:00 2799

MANCHESTER, England, May 23, 2023 /PRNewswire/ -- Midea, one of the world's leading and largest home appliances producer, today announced the extension of its global partnership withManchester City. The renewed agreement - which covers both the men's and women's teams and expanded to include Ci...

Ariana Grande's r.e.m. beauty Announces Strategic Investment with Sandbridge Capital

2023-05-23 15:00 2272

LOS ANGELES, May 23, 2023 /PRNewswire/ -- r.e.m. beauty, the award-winning beauty brand founded by multi-talented Grammy winner, singer, and actressAriana Grande, announced a strategic investment led by Sandbridge Capital, a leading consumer-focused private investment firm that exclusively partne...

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