ADSS

Purple Biotech Expands Pipeline of First-in-Class Therapeutics with Acquisition of Immunorizon and Its Portfolio of Tri-Specific Antibodies for the Treatment of Cancer

Retrieved on: 
Thursday, February 2, 2023

REHOVOT, Israel, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Purple Biotech Ltd. (NASDAQ/TASE: PPBT), a clinical-stage company developing first-in-class, effective and durable therapies that harness the power of the tumor microenvironment to overcome tumor immune evasion and drug resistance, today announced that it has entered into an agreement for the acquisition of Immunorizon Ltd., a private company developing potential multi-specific T and NK cell engager oncology therapies that selectively activate the immune response within the tumor microenvironment. The acquisition will provide Purple Biotech with an expanded portfolio of investigational tri-specific antibody compounds that target multiple antigens and offer the potential to further expand to additional targets.

Key Points: 
  • The acquisition will provide Purple Biotech with an expanded portfolio of investigational tri-specific antibody compounds that target multiple antigens and offer the potential to further expand to additional targets.
  • 5T4 is a well-known target that has been validated by multiple pre-clinical and clinical programs.
  • The acquisition will also provide Purple Biotech with additional preclinical assets targeting other TAAs through this technology platform.
  • “We are delighted to add Immunorizon’s portfolio of tri-specific antibodies to our drug development pipeline,” said Gil Efron, CEO of Purple Biotech.

Shell plc Fourth Quarter 2022 Interim Dividend

Retrieved on: 
Thursday, February 2, 2023

With the Company’s tax residence moved to the UK, dividends paid to shareholders on their ordinary shares will not attract Dutch dividend withholding tax.

Key Points: 
  • With the Company’s tax residence moved to the UK, dividends paid to shareholders on their ordinary shares will not attract Dutch dividend withholding tax.
  • The companies in which Shell plc directly and indirectly owns investments are separate legal entities.
  • In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general.
  • ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Shell plc either directly or indirectly has control.

O2Micro Announces Shareholders’ Approval of Merger Agreement

Retrieved on: 
Wednesday, February 1, 2023

Of the ordinary shares voted at the EGM, approximately 99.8% voted in favor of the proposal to authorize and approve the Merger Agreement, the Plan of Merger and the transactions contemplated thereby, including the Merger.

Key Points: 
  • Of the ordinary shares voted at the EGM, approximately 99.8% voted in favor of the proposal to authorize and approve the Merger Agreement, the Plan of Merger and the transactions contemplated thereby, including the Merger.
  • The Merger Agreement, the Plan of Merger and the transactions contemplated thereby, including the Merger, were therefore duly authorized and approved by way of special resolutions as required by, and in compliance with, the Companies Act of the Cayman Islands.
  • The completion of the Merger is subject to the satisfaction or waiver of the conditions set forth in the Merger Agreement.
  • The Company will work with the other parties towards satisfying all other conditions precedent to the Merger set forth in the Merger Agreement and completing the Merger in due course.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against BioLineRx Ltd. (BLRX)

Retrieved on: 
Wednesday, February 1, 2023

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 33% to close at $1.02 per share on September 19, 2022.
  • 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

Gaotu Techedu Inc. (GOTU, GSX) Class Action Alert: Contact Robbins LLP for Information Regarding the Class Action Against Gaotu Techedu Inc.

Retrieved on: 
Thursday, January 26, 2023

Gaotu purports to be a technology-driven education company, providing online K-12 after-school tutoring services in the People's Republic of China.

Key Points: 
  • Gaotu purports to be a technology-driven education company, providing online K-12 after-school tutoring services in the People's Republic of China.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against Gaotu.
  • Shareholders who want to act as lead plaintiff for the class must file their papers by February 28, 2023.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

QuantaSing Group Limited Announces Pricing of Initial Public Offering

Retrieved on: 
Wednesday, January 25, 2023

BEIJING, Jan. 25, 2023 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (“QuantaSing” or the “Company”), a leading online learning service provider in China, today announced the pricing of its initial public offering (the “Offering”) of 3,250,000 American Depositary Shares (“ADSs”), each one ADS representing three Class A ordinary shares of the Company with par value of US$0.0001 per share, at a price to the public of US$12.50 per ADS for a total offering size of approximately US40.63 million, assuming the underwriters do not exercise their option to purchase additional ADSs.

Key Points: 
  • BEIJING, Jan. 25, 2023 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (“QuantaSing” or the “Company”), a leading online learning service provider in China, today announced the pricing of its initial public offering (the “Offering”) of 3,250,000 American Depositary Shares (“ADSs”), each one ADS representing three Class A ordinary shares of the Company with par value of US$0.0001 per share, at a price to the public of US$12.50 per ADS for a total offering size of approximately US40.63 million, assuming the underwriters do not exercise their option to purchase additional ADSs.
  • Citigroup Global Markets Inc. and China International Capital Corporation Hong Kong Securities Limited are acting as representatives of the underwriters of the Offering, and US Tiger Securities, Inc., CLSA Limited, and Univest Securities LLC are acting as underwriters for the Offering.
  • The Company's registration statement relating to the offering has been filed with, and declared effective by, the United States Securities and Exchange Commission.
  • The offering is being made only by means of a prospectus forming a part of the effective registration statement.

GAOTU TECHEDU SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Gaotu Techedu Inc. f/k/a GSX Techedu Inc. - GOTU, G

Retrieved on: 
Wednesday, January 25, 2023

NEW ORLEANS, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 28, 2023 to file lead plaintiff applications in a securities class action lawsuit against Gaotu Techedu Inc. f/k/a GSX Techedu Inc. (NYSE: GOTU, GSX), if they purchased the Company’s American depository shares (“ADSs”) between March 5, 2021 and July 23, 2021, inclusive (the “Class Period”).

Key Points: 
  • NEW ORLEANS, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 28, 2023 to file lead plaintiff applications in a securities class action lawsuit against Gaotu Techedu Inc. f/k/a GSX Techedu Inc. (NYSE: GOTU, GSX), if they purchased the Company’s American depository shares (“ADSs”) between March 5, 2021 and July 23, 2021, inclusive (the “Class Period”).
  • This action is pending in the United States District Court for the Eastern District of New York.
  • If you purchased ADSs of Gaotu and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-gotu/ to learn more.
  • If you wish to serve as a lead plaintiff in this class action, you must petition the Court by February 28, 2023.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against BioLineRx Ltd. (BLRX)

Retrieved on: 
Tuesday, January 24, 2023

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 33% to close at $1.02 per share on September 19, 2022.
  • 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

Gaotu Techedu Inc. (GOTU, GSX) Class Action Alert: Robbins LLP Urges Shareholders with Significant Losses in Gaotu Techedu Inc. to Contact the Firm

Retrieved on: 
Saturday, January 21, 2023

Gaotu purports to be a technology-driven education company, providing online K-12 after-school tutoring services in the People's Republic of China.

Key Points: 
  • Gaotu purports to be a technology-driven education company, providing online K-12 after-school tutoring services in the People's Republic of China.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against Gaotu.
  • Shareholders who want to act as lead plaintiff for the class must file their papers by February 28, 2023.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Both Recommend O2Micro Shareholders Vote “FOR” Proposed Going Private Transaction

Retrieved on: 
Thursday, January 19, 2023

ISS and Glass Lewis are leading independent proxy advisory firms which, among other services, provide proxy voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders.

Key Points: 
  • ISS and Glass Lewis are leading independent proxy advisory firms which, among other services, provide proxy voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders.
  • Each of their voting analyses and recommendations are relied upon by thousands of major institutional investment firms, mutual funds and fiduciaries throughout the world.
  • Shareholders and ADS holders are encouraged to vote promptly by following the instructions indicated on their proxy cards to ensure that their shares or ADSs are represented at the EGM.
  • King & Co., Inc. as its proxy solicitor to assist it in connection with the upcoming EGM.