ADS

Wolf Popper LLP Announces Investigation on Behalf of Investors in Temenos AG

Retrieved on: 
Friday, February 16, 2024

NEW YORK, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential securities fraud claims on behalf of purchasers of Temenos AG (“Temenos” or the “Company”) American Depositary Shares (OTC: TMSNY).

Key Points: 
  • NEW YORK, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential securities fraud claims on behalf of purchasers of Temenos AG (“Temenos” or the “Company”) American Depositary Shares (OTC: TMSNY).
  • Before the market opened on February 15, 2024, Hindenburg Research published a short seller report entitled Temenos: Major Accounting Irregularities, Failed Products and An Illusive Turnaround.
  • Investors who lost over $50,000 trading in Temenos’ ADS and who would like to discuss the investigation should contact Adam Savett at (212) 451-9655, or [email protected].
  • Wolf Popper has successfully recovered billions of dollars for defrauded investors.

Jianzhi Education Announces Plan to Implement ADS Ratio Change

Retrieved on: 
Friday, February 16, 2024

BEIJING, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) from current one (1) ADS representing two (2) ordinary shares to a new ADS Ratio of one (1) ADS representing six (6) ordinary shares (the “ADS Ratio Change”).

Key Points: 
  • BEIJING, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) from current one (1) ADS representing two (2) ordinary shares to a new ADS Ratio of one (1) ADS representing six (6) ordinary shares (the “ADS Ratio Change”).
  • For Jianzhi’s ADS holders, the ADS Ratio Change will have the same effect as a one-for-three reverse ADS split.
  • The ADS Ratio Change will have no impact on Jianzhi’s underlying ordinary shares, and no ordinary shares will be issued or canceled in connection with the ADS Ratio Change.
  • As a result of the ADS Ratio Change, Jianzhi’s ADS trading price is expected to increase proportionally, although the Company can give no assurance that the ADS trading price after the ADS Ratio Change will be equal to or greater than three (3) times the ADS trading price before the change.

FEMSA Forward - Focused Leadership in Retail, Beverages & Digital

Retrieved on: 
Thursday, February 15, 2024

de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is providing additional information regarding its future capital allocation plans.

Key Points: 
  • de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is providing additional information regarding its future capital allocation plans.
  • These plans have been approved by the Board of Directors of FEMSA and are an integral part of, and fully consistent with, the FEMSA Forward strategy presented in February of 2023.
  • Our capital allocation strategy is focused on driving our long-term intrinsic per-share value.
  • Over the next five years we expect to invest capital in core organic growth initiatives in excess of Ps.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Evolution AB - EVVTY

Retrieved on: 
Thursday, February 15, 2024

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Evolution AB ("Evolution" or the "Company") (OTC: EVVTY).

Key Points: 
  • NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Evolution AB ("Evolution" or the "Company") (OTC: EVVTY).
  • 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 Evolution 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.

Trinity Biotech Plc Finalizes Effective Date of ADS Ratio Change

Retrieved on: 
Thursday, February 15, 2024

(NASDAQ: TRIB) (the “Company”) today announced that it has finalized the effective date of its ratio change of its American depositary shares (“ADSs”) from one (1) ADS representing four (4) Class A ordinary shares to one (1) ADS representing twenty (20) Class A ordinary shares.

Key Points: 
  • (NASDAQ: TRIB) (the “Company”) today announced that it has finalized the effective date of its ratio change of its American depositary shares (“ADSs”) from one (1) ADS representing four (4) Class A ordinary shares to one (1) ADS representing twenty (20) Class A ordinary shares.
  • The effect of the ratio change on the ADS trading price on the Nasdaq Global Market is expected to take place at the open of trading on February 23, 2024 (U.S. Eastern Time) (the “Effective Date”).
  • For Trinity Biotech Plc ADS holders, the change in the ADS ratio on February 23, 2024 will have the same effect as a one-for-five reverse ADS split and is intended to enable the Company to regain compliance with the $1.00 Nasdaq minimum bid price requirement and maintain its NASDAQ listing.
  • Other than the change of effective date to February 23rd, 2024, the remaining details regarding the ratio change remain the same as previously announced on February 13, 2024.

BIONTECH INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In BioNTech To Contact Him Directly To Discuss Their Options

Retrieved on: 
Thursday, February 15, 2024

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against BioNTech SE (“BioNTech” or the “Company”) (NASDAQ: BNTX) and reminds investors of the March 12, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • The Company attributed the result, in part, to the "dynamic" development of the pandemic, which "caus[ed] a re-phasing of orders and .
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding BioNTech’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
  • The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).

Global and China Automotive LiDAR Industry Report 2023: Chinese LiDARs Usher in a Small Peak Period of 'Mass Production and Delivery' - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024

The "Automotive LiDAR Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive LiDAR Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • As intelligent driving develops in China, especially highway/urban NOA having taken a "fast lane", much more LiDARs are seen in vehicles.
  • We predict that in China LiDAR will continue to rise in volatility in the next 2-3 years, and will be installed in over 600,000 cars in 2025.
  • After several rounds of shuffling in the market in China, local LiDAR suppliers are now the first to emerge.

Chinese Independent OEMs' ADAS and Autonomous Driving Research Report 2023 - Wide Adoption of NOA Begins, and Local Brands Grab Market Share - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024

The "Chinese Independent OEMs' ADAS and Autonomous Driving Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Chinese Independent OEMs' ADAS and Autonomous Driving Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Wide adoption of NOA begins, and local brands grab market share.
  • From January to August 2023, independent brands took up 1.9% of installations of L2.9 systems, up 1 percentage point from that in 2022.
  • In general, the 'involution' in the NOA market has stimulated OEMs to quickly implement high-level driving assistance for greater competitive edges.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against B. Riley, Evolution, and NYCB and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, February 15, 2024

Stockholders have until the deadlines below to petition the court to serve as lead plaintiff.

Key Points: 
  • Stockholders have until the deadlines below to petition the court to serve as lead plaintiff.
  • For more information on the B. Riley class action go to: https://bespc.com/cases/RILY
    According to the complaint, On January 24, 2022, Analyst Alpha Generation Limited released a report on Evolution (the "Report") to certain institutional investors.
  • On this news, Evolution's ADS price fell $12.34 per ADS, or 10.88%, to close at $101.09 per ADS on May 5, 2022.
  • For more information on the NYCB class action go to: https://bespc.com/cases/NYCB

DoubleDown Interactive Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 13, 2024

Revenue was $83.1 million in the fourth quarter of 2023 compared to $76.2 million in the fourth quarter of 2022.

Key Points: 
  • Revenue was $83.1 million in the fourth quarter of 2023 compared to $76.2 million in the fourth quarter of 2022.
  • Operating expenses declined to $47.5 million in the fourth quarter of 2023 from $321.4 million in the fourth quarter of 2022, primarily reflecting the one-time, non-cash goodwill and intangibles impairment of $269.9 million incurred in the fourth quarter of 2022.
  • Adjusted EBITDA margin increased to 43.5% in the fourth quarter of 2023 from 32.4% in the fourth quarter of 2022.
  • Average monthly revenue per payer for the social casino/free-to-play games increased to $279 in the fourth quarter of 2023 from $227 in the fourth quarter of 2022 and $245 in the third quarter of 2023.