Cayman

Newcourt Acquisition Corp Announces Continuation of Business Combination Close Process

Retrieved on: 
Tuesday, January 23, 2024
NCAC, Cayman

NEW YORK, NY, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Newcourt Acquisition Corp (“Newcourt”) (NASDAQ: NCAC) announced today that the conditions to closing the business combination (the “Business Combination”) pursuant to the Amended and Restated Business Combination Agreement, dated July 31, 2023 (as amended, supplemented, or otherwise modified from time to time, the “Amended and Restated Business Combination Agreement”), by and among Newcourt, Newcourt SPAC Sponsor LLC, Psyence Group Inc. (CSE: PSYG) (“Psyence”), Psyence Biomedical Ltd., a corporation organized under the laws of Ontario, Canada (“Pubco”), Psyence (Cayman) Merger Sub, Psyence Biomed Corp., and Psyence Biomed II Corp. have not yet been satisfied and the business combination has not closed.

Key Points: 
  • NEW YORK, NY, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Newcourt Acquisition Corp (“Newcourt”) (NASDAQ: NCAC) announced today that the conditions to closing the business combination (the “Business Combination”) pursuant to the Amended and Restated Business Combination Agreement, dated July 31, 2023 (as amended, supplemented, or otherwise modified from time to time, the “Amended and Restated Business Combination Agreement”), by and among Newcourt, Newcourt SPAC Sponsor LLC, Psyence Group Inc. (CSE: PSYG) (“Psyence”), Psyence Biomedical Ltd., a corporation organized under the laws of Ontario, Canada (“Pubco”), Psyence (Cayman) Merger Sub, Psyence Biomed Corp., and Psyence Biomed II Corp. have not yet been satisfied and the business combination has not closed.
  • The parties are working together to expeditiously satisfy such closing conditions, including obtaining the approval of Nasdaq to list Pubco’s ordinary shares following the closing of the business combination.
  • On January 22, 2024, Newcourt’s shareholders approved to extend the date by which Newcourt must consummate its initial business combination from January 22, 2024 to February 22, 2024.
  • There can be no assurance that the business combination will be consummated by February 22, 2024.

VNET Group, Inc. (NASDAQ: VNET) Securities Fraud: Contact Berger Montague To Discuss Your Rights

Retrieved on: 
Monday, January 22, 2024
Facility, Executive, Court, VNET, News, Cayman, Lead, Security (finance)

PHILADELPHIA, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Attention VNET Group, Inc. (“VNET”) (NASDAQ: VNET) Investors: A securities fraud class action lawsuit has been filed against VNET on behalf of purchasers of VNET securities between April 8, 2022 and February 15, 2023, inclusive (the “Class Period”).

Key Points: 
  • PHILADELPHIA, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Attention VNET Group, Inc. (“VNET”) (NASDAQ: VNET) Investors: A securities fraud class action lawsuit has been filed against VNET on behalf of purchasers of VNET securities between April 8, 2022 and February 15, 2023, inclusive (the “Class Period”).
  • VNET is a Beijing-based provider of private internet and data center services, such as hosting, cloud services, and virtual private networks.
  • Defendant Sheng Chen, GenTao, and their affiliates beneficially owned approximately 78.52 million VNET shares.
  • Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Dollar General, Estee, VNET, and Assertio and Encourages Investors to Contact the Firm

Retrieved on: 
Sunday, January 21, 2024
Dollar General, Class, Risk, Sale, Theft, Complaint, Growth, Learning, Spectrum Pharmaceuticals, ASRT, P.C, Spectrum, Cayman, Defendant, Facility, Executive, Acquisition, Patient, Dollar, EL, Adjustment, Rheumatoid arthritis, Food, EPS, Suppository, FDA, News, Cryptocurrency

Then, on March 16, 2023, Dollar General revealed, among other things, that it missed its prior annual net sales guidance by approximately $140 million.

Key Points: 
  • Then, on March 16, 2023, Dollar General revealed, among other things, that it missed its prior annual net sales guidance by approximately $140 million.
  • On this news, the price of Dollar General common stock fell nearly 3%.
  • Thereafter, on June 1, 2023, Dollar General reported first quarter of 2023 revenue of $130 million below analysts’ estimates.
  • On, January 3, 2024, Assertio issued a press release announcing that Defendant Peisert was stepping down from his role as the Company's CEO.

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages VNET Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – VNET

Retrieved on: 
Saturday, January 20, 2024
Titan, Class, Risk, Court, Advertising, Cayman, Sheng, Insurance

WHAT TO DO NEXT: To join the VNET class action, go to https://rosenlegal.com/submit-form/?case_id=18944 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the VNET class action, go to https://rosenlegal.com/submit-form/?case_id=18944 or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

NASDAQ: VNET INVESTOR ALERT: Berger Montague Advises VNET Group, Inc. (NASDAQ: VNET) Investors of February 26, 2024 Deadline

Retrieved on: 
Friday, January 19, 2024
Executive, Risk, Court, Investment, News, Cayman, Lead, Cryptocurrency

Investors that suffered losses from VNET (NASDAQ: VNET) investments can follow the link below for more information regarding the lawsuit:

Key Points: 
  • Investors that suffered losses from VNET (NASDAQ: VNET) investments can follow the link below for more information regarding the lawsuit:
    CLICK HERE to learn more about the lawsuit.
  • Investors who purchased or acquired VNET securities during the Class Period may, no later than February 26, 2024, seek to be appointed as a lead plaintiff representative of the class.
  • The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors.
  • Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against VNET Group, Inc. - VNET

Retrieved on: 
Thursday, January 18, 2024
Pomerantz, Facility, Ext, Complaint, Executive, Court, VNET, Action Replay, News, Cayman, Cryptocurrency

NEW YORK, January 18, 2024 (GLOBENEWSWIRE) , Jan. 18, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET).

Key Points: 
  • NEW YORK, January 18, 2024 (GLOBENEWSWIRE) , Jan. 18, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET).
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • The class action concerns whether VNET and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against VNET Group, Inc. (VNET)

Retrieved on: 
Thursday, January 18, 2024
Facility, Executive, Risk, Court, Suite, Investment, GPM, News, Cayman, Defendant, Cryptocurrency

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

Key Points: 
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • On this news, the Company’s share price fell $0.20, or 3.2% on February 13, 2023, on unusually heavy trading volume.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles

VNET SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In VNET To Contact Him Directly To Discuss Their Options

Retrieved on: 
Wednesday, January 17, 2024
Facility, LLP, Executive, Risk, Court, Advertising, Woman, News, Cayman, Cryptocurrency

NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET) and reminds investors of the February 26, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • If you suffered losses exceeding $50,000 investing in VNET stock or options between April 8, 2022 and February 15, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • On this news, the Company's share price fell $0.20, or 3.2% on February 13, 2023, on unusually heavy trading volume.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding VNET’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Dingdong Announces US$20.0 Million Share Repurchase Program

Retrieved on: 
Monday, January 29, 2024
DDL, Share repurchase, Cayman, Rule

SHANGHAI, Jan. 29, 2024 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), leading fresh grocery e-commerce company in China, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$20.0 million of its shares over a period until January 28, 2025.

Key Points: 
  • SHANGHAI, Jan. 29, 2024 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), leading fresh grocery e-commerce company in China, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$20.0 million of its shares over a period until January 28, 2025.
  • After the publication of the annual results of the Company on or before March 31, 2024, the management may implement the share repurchase, including but not limited to implementing the share repurchase in accordance with plans under the Rule 10b5-1 and/or Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended.
  • The Company's board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size.
  • Given the confidence in the Company's sufficient cash reserves and cash flow, the Company expects to fund the repurchases out of its existing cash balance.

ZTO Express Holds 2024 National Network Conference

Retrieved on: 
Tuesday, January 23, 2024
Happiness, Growth, State Post Bureau, Conference, Safety, Ecology, Cayman, Lead

SHANGHAI, Jan. 23, 2024 /PRNewswire/ -- On 23 January 2024, ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK:2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, held its National Network Conference at its headquarters in Shanghai.

Key Points: 
  • SHANGHAI, Jan. 23, 2024 /PRNewswire/ -- On 23 January 2024, ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK:2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, held its National Network Conference at its headquarters in Shanghai.
  • The conference aimed to fully implement the spirit of the 2024 National Postal Management Work Conference by the State Post Bureau.
  • The conference also outlined the overall work approach and key tasks for the Company in 2024.
  • Chairman Meisong LAI emphasized that the Chinese express delivery market has good size, potential and prospect, and ZTO should boast its five advantages in scale, cost, foundation, brand and network.