PAETEC Holding Corp.

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind Li-Cycle Investors of a Lead Plaintiff Deadline of January 8, 2024

Retrieved on: 
Tuesday, November 14, 2023
NYSE, DeHeng Law Offices, PAETEC Holding Corp., Vincent Wong, Law

NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Attention Li-Cycle Holdings Corp. ("Li-Cycle") (NYSE: LICY) shareholders:

Key Points: 
  • NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Attention Li-Cycle Holdings Corp. ("Li-Cycle") (NYSE: LICY) shareholders:
    The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between June 14, 2022 and October 23, 2023.
  • If you suffered a loss on your investment in Li-Cycle, contact us about potential recovery by using the link below.
  • There is no cost or obligation to you.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Li-Cycle Holdings Corp. - LICY

Retrieved on: 
Monday, November 13, 2023
NYSE, LLP, News, PAETEC Holding Corp., Pomerantz, Rare-earth element

NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Li-Cycle Holdings Corp. (“Li-Cycle” or the “Company”) (NYSE: LICY).

Key Points: 
  • NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Li-Cycle Holdings Corp. (“Li-Cycle” or the “Company”) (NYSE: LICY).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

Li-Cycle Comments on Process to Evaluate Financing and Strategic Alternatives

Retrieved on: 
Thursday, December 7, 2023
Recycling, Mining, Minerals, Environment, Technology, Batteries, Natural Resources, Green Technology, Comment, Disclosure, NYSE, Person, PAETEC Holding Corp., Glencore

As previously announced on November 13, 2023, the Company has engaged Moelis & Company LLC (“Moelis”), a leading global independent investment bank, as financial advisor to assist in evaluating financing and strategic alternatives for the Company.

Key Points: 
  • As previously announced on November 13, 2023, the Company has engaged Moelis & Company LLC (“Moelis”), a leading global independent investment bank, as financial advisor to assist in evaluating financing and strategic alternatives for the Company.
  • Moelis has commenced a robust process that includes both existing stakeholders and potential new investors.
  • The Company is committed to identifying and pursuing financing and strategic alternatives that are in the best interests of Li-Cycle.
  • There can be no assurance that this process will result in Li-Cycle pursuing or consummating any particular transaction or other strategic outcome.

ParkOhio Announces Ratings Upgrade from Moody’s

Retrieved on: 
Monday, November 20, 2023
Other Manufacturing, Steel, Machinery, Machine Tools, Metalworking & Metallurgy, Engineering, Logistics, Supply Chain Management, Transport, Manufacturing, Sale, Terrorism, UAW, European, Trade, Plastech Engineered Products, Infection, News, PAETEC Holding Corp., Environment, Information

Park-Ohio Holdings Corp. (NASDAQ: PKOH) announced today that Moody’s Investors Service, Inc. (“Moody’s”) has upgraded the ratings of ParkOhio Industries, Inc. (“ParkOhio”), including the Corporate Family Rating (“CFR”) to B2 from B3, and the Senior Unsecured Rating to Caa1 from Caa2.

Key Points: 
  • Park-Ohio Holdings Corp. (NASDAQ: PKOH) announced today that Moody’s Investors Service, Inc. (“Moody’s”) has upgraded the ratings of ParkOhio Industries, Inc. (“ParkOhio”), including the Corporate Family Rating (“CFR”) to B2 from B3, and the Senior Unsecured Rating to Caa1 from Caa2.
  • Moody’s noted that the upgrades reflect Moody’s view that ParkOhio will continue to improve its operating performance and strengthen its balance sheet over the next twelve months.
  • ParkOhio is a diversified international company providing world-class customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured components used to assemble their products.
  • Headquartered in Cleveland, Ohio, ParkOhio operates more than 130 manufacturing sites and supply chain logistics facilities worldwide, through three reportable segments: Supply Technologies, Assembly Components and Engineered Products.

Li-Cycle Engages Moelis to Evaluate Financing and Strategic Alternatives

Retrieved on: 
Monday, November 13, 2023
Other Energy, Technology, Batteries, Manufacturing, Alternative Energy, Energy, Other Manufacturing, Disclosure, NYSE, PAETEC Holding Corp., Lithium, Medical device

Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced that Moelis & Company LLC (“Moelis”), a leading global independent investment bank, has been engaged as financial advisor to assist in evaluating financing and strategic alternatives for the Company.

Key Points: 
  • Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced that Moelis & Company LLC (“Moelis”), a leading global independent investment bank, has been engaged as financial advisor to assist in evaluating financing and strategic alternatives for the Company.
  • There can be no assurance that this evaluation process will result in the Company pursuing or consummating any particular transaction or other strategic outcome.
  • The Company does not intend to comment further on the evaluation process and will make further announcements in accordance with its ongoing disclosure obligations and pursuant to applicable laws and regulations.

Li-Cycle Reports Third Quarter 2023 Financial Results and Provides Business Update

Retrieved on: 
Monday, November 13, 2023
Recycling, Mining, Minerals, Environment, Technology, Batteries, Natural Resources, Green Technology, Webcast, Economics, Three Months, NYSE, Cobalt, FMV, Nickel, Hand, Hub, DOE, EV, PAETEC Holding Corp., Cryptocurrency

Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery (LIB) resource recovery company, today announced financial results and business update for its third quarter ended September 30, 2023.

Key Points: 
  • Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery (LIB) resource recovery company, today announced financial results and business update for its third quarter ended September 30, 2023.
  • “In conjunction with the pause in the Rochester Hub project announced in late October, we have initiated a comprehensive review.
  • We have performed an initial analysis of options for completion of the Rochester Hub, and we are taking steps to conserve cash.
  • Company management will host a webcast and conference call on Monday, November 13, 2023, at 4:15 p.m. Eastern Time.

King & Spalding files patent infringement lawsuits against Lenovo Group, Luxottica Group SPA, Seiko Epson Corp and certain of their affiliates for e-Vision Smart Optics

Retrieved on: 
Friday, November 10, 2023
Luxottica, IP, LLP, United States district court, LTD, PAETEC Holding Corp., Patent, 3D printing, Lenovo

SARASOTA, Fla. and ATLANTA , November 10th, 2023 /PRNewswire-PRWeb/ -- e-Vision Smart Optics Inc. and its affiliates (the e-Vision Group) reports that it has initiated separate law suits in Federal District Court against Seiko Epson Corporation, Epson America Inc., Lenovo Group, LTD, Lenovo Holding Co., Inc., Lenovo (United States), Inc., Luxottica Group S.P.A., Luxottica U.S. Holdings Corp. and Luxottica of America, Inc, alleging that certain products marketed by each organization infringe a number of patents owned by the e-Vision Group. "The e-Vision Group has devoted significant energies and resources to the development of its technology and IP for which it has filed, owns or controls over 440 patents world-wide. Although the existence of this patent portfolio is well known in the industry, in our view certain products in the market today infringe on our patents. As these matters are now subject to litigation, both myself and our representatives will not be able to comment further," said Joel Zychick, CEO, e-Vision Smart Optics Inc.

Key Points: 
  • Statement on Patent Infringement Lawsuits filed by King & Spalding, LLP on behalf of e-Vision Smart Optics Inc. and e-Vision Optics, LLC against Seiko Epson Corporation, Epson America, Inc., Lenovo Group, LTD, Lenovo Holding Co., Inc., Lenovo (United States), Inc., Luxottica Group S.P.A., Luxottica U.S. Holdings Corp., and Luxottica of America Inc. for patent infringement.
  • SARASOTA, Fla. and ATLANTA , November 10th, 2023 /PRNewswire-PRWeb/ -- e-Vision Smart Optics Inc. and its affiliates (the e-Vision Group) reports that it has initiated separate law suits in Federal District Court against Seiko Epson Corporation, Epson America Inc., Lenovo Group, LTD, Lenovo Holding Co., Inc., Lenovo (United States), Inc., Luxottica Group S.P.A., Luxottica U.S. Holdings Corp. and Luxottica of America, Inc, alleging that certain products marketed by each organization infringe a number of patents owned by the e-Vision Group.
  • "The e-Vision Group has devoted significant energies and resources to the development of its technology and IP for which it has filed, owns or controls over 440 patents world-wide.
  • Our patent portfolio is well known in the industry, we believe certain products in the market today infringe on our patents."

Hyliion Receives NYSE Continued Listing Standards Notice

Retrieved on: 
Wednesday, November 8, 2023
Automotive Manufacturing, EV, Electric Vehicles, Automotive, Manufacturing, Trucking, Maritime, Transport, Alternative Vehicles, Fuels, Alternative Energy, Energy, Engineering, PAETEC Holding Corp., NYSE, Calendar, Lease

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion” or the “Company”), a developer of KARNO generator and electric powertrain technologies, today announced that it has received notice from the New York Stock Exchange (the “NYSE”) on November 2, 2023 that because the average per share closing price of Hyliion's common stock over a 30 consecutive trading-day period ended November 1, 2023 was below $1.00, Hyliion was not in compliance with Section 802.01C of the NYSE’s Listed Company Manual.

Key Points: 
  • Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion” or the “Company”), a developer of KARNO generator and electric powertrain technologies, today announced that it has received notice from the New York Stock Exchange (the “NYSE”) on November 2, 2023 that because the average per share closing price of Hyliion's common stock over a 30 consecutive trading-day period ended November 1, 2023 was below $1.00, Hyliion was not in compliance with Section 802.01C of the NYSE’s Listed Company Manual.
  • Hyliion plans to notify the NYSE within 10 business days of its receipt of the notice of its intent to cure the deficiency and will consider a number of alternatives to regain compliance.
  • Hyliion has a period of six months following receipt of the notice to regain compliance.
  • The notice has no immediate impact on the listing of Hyliion’s common stock, which will continue to be listed and traded on the NYSE under the symbol “HYLN” during the six month period, subject to Hyliion’s compliance with the other continued listing requirements of the NYSE.

Hyliion Holdings Reports Third-Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023
EV, Electric Vehicles, Utilities, Fleet Management, Alternative Energy, Alternative Vehicles, Fuels, Energy, Automotive, Trucking, Rail, Maritime, Transport, Automotive Manufacturing, Manufacturing, Sale, NYSE, Certification, Electricity, CARB, Hand, Investment, PAETEC Holding Corp., Automotive industry, Commercial property, Management, Renewable energy

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of KARNO generator and electric powertrain technologies, today reported its third-quarter 2023 financial results and announced that it will concentrate its future efforts on the KARNO generator while winding down its powertrain operations.

Key Points: 
  • Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of KARNO generator and electric powertrain technologies, today reported its third-quarter 2023 financial results and announced that it will concentrate its future efforts on the KARNO generator while winding down its powertrain operations.
  • The Company projects to finish 2023 with approximately $285 million of available capital and estimates cash burn of approximately $40 million in 2024.
  • With the strategic shift to focus on the KARNO generator, Hyliion is positioned to achieve commercialization with capital on hand.
  • Hyliion expects no additional revenue from powertrain sales in 2023.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Li-Cycle Holdings Corp. - LICY

Retrieved on: 
Sunday, November 5, 2023
NYSE, News, Engineering, Pomerantz, LLP, PAETEC Holding Corp., Rare-earth element, Private investigator

NEW YORK, Nov. 05, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Li-Cycle Holdings Corp. (“Li-Cycle” or the “Company”) (NYSE: LICY).

Key Points: 
  • NEW YORK, Nov. 05, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Li-Cycle Holdings Corp. (“Li-Cycle” or the “Company”) (NYSE: LICY).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Li-Cycle 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.