Base

XOMA Enters into Agreement to Acquire Kinnate Biopharma for Between $2.3352 and $2.5879 in Cash Per Share Plus a Contingent Value Right

Retrieved on: 
Friday, February 16, 2024

“This acquisition will further add to our sizable cash balance that resulted from the VABYSMO transaction, as well as potentially add several programs to our royalty portfolio,” stated Owen Hughes, Chief Executive Officer of XOMA.

Key Points: 
  • “This acquisition will further add to our sizable cash balance that resulted from the VABYSMO transaction, as well as potentially add several programs to our royalty portfolio,” stated Owen Hughes, Chief Executive Officer of XOMA.
  • Pursuant and subject to the terms of the Merger Agreement, a wholly owned subsidiary of XOMA will commence a tender offer (the "Offer") by March 4, 2024, to acquire all outstanding shares of Kinnate common stock.
  • Kinnate shareholders holding approximately 46% of Kinnate common stock have signed support agreements under which such shareholders agreed to tender their shares in the Offer and support the merger.
  • The acquisition is expected to close in April 2024.

Strong Alliance! GAC R&D Center and BatteroTech Co-hold Development and Trial-operation Inception Meeting for PHEV Battery Pack Project

Retrieved on: 
Saturday, February 3, 2024

JIASHAN, China, Feb. 2, 2024 /PRNewswire/ -- On the afternoon of December 20th, 2023, GAC (Guangzhou Automobile Group Co., Ltd) R&D Center, and BatteroTech jointly held the project development and trial-operation inception meeting for the PHEV battery pack project.

Key Points: 
  • JIASHAN, China, Feb. 2, 2024 /PRNewswire/ -- On the afternoon of December 20th, 2023, GAC (Guangzhou Automobile Group Co., Ltd) R&D Center, and BatteroTech jointly held the project development and trial-operation inception meeting for the PHEV battery pack project.
  • Zhang Anwei, GAC R&D Center Director, Dr Zhong Kaifu, CEO of BatteroTech, and relevant corporate leaders joined the project inception meeting.
  • The smoothly-conducted project inception meeting sets a new milestone for the joint R&D efforts in the new-generation power batteries by BatteroTech and GAC R&D Center and marks BatteroTech's success to keep tapping new possibilities in the power battery sector.
  • BatteroTech is dedicated to R&D, production and marketing of lithium batteries, battery modules, battery systems, etc.

Gran Tierra Energy Inc. Announces 2024 Guidance and Operations Update

Retrieved on: 
Tuesday, January 23, 2024

Costayaco: in this oil field, located in the northern Putumayo Basin, Gran Tierra plans to drill 3 to 5 development wells.

Key Points: 
  • Costayaco: in this oil field, located in the northern Putumayo Basin, Gran Tierra plans to drill 3 to 5 development wells.
  • Gran Tierra’s 2024 exploration drilling is planned to follow up on the encouraging results from the Company’s 2022 exploration program.
  • Gran Tierra remains focused on generating strong Free Cash Flow2, ongoing net debt5 reduction and shareholder returns via share buybacks.
  • Share Buybacks: During 2024, Gran Tierra plans to allocate up to approximately 50% of its Free Cash Flow to share buybacks in the Base Case.

BatteroTech's BTL Cylindrical Battery System Accelerates the Industrialization of Cylindrical Cells

Retrieved on: 
Wednesday, January 10, 2024

Cells of various shapes influence space utilization, safety design of the battery pack as well as the integration efficiency and costs of the battery system.

Key Points: 
  • Cells of various shapes influence space utilization, safety design of the battery pack as well as the integration efficiency and costs of the battery system.
  • Entering the cylindrical domain, BatteroTech has brought forth the BTL cylindrical cells based on the "Mercury" technology.
  • BatteroTech officially unveiled its BTL cylindrical battery system to accelerate the installation of cylindrical cells in electric vehicles.
  • The inherent safety advantage of large cylindrical cells lies in the cylindrical shape, which acts as an excellent pressure vessel.

Every Connection in 2023: imToken Releases its 8th Annual Report

Retrieved on: 
Wednesday, January 10, 2024

Its mission revolves around providing equal access to the tokenized world by enhancing the connection between users and the blockchain.

Key Points: 
  • Its mission revolves around providing equal access to the tokenized world by enhancing the connection between users and the blockchain.
  • In 2023, imToken prioritized strengthening connections for users engaging with networks, DApps, and asset management.
  • This year, imToken significantly enhanced its capability to connect with various wallet types, striking a balance between security and convenience.
  • imToken is gearing up for a groundbreaking year as they aim to revolutionize the cryptocurrency wallet management experience, ensuring greater accessibility for users.

Leading Future Development of Energy Storage - BatteroTech 314Ah Cell Empowers SNEC ES+ International Energy Storage Conference & Exhibition

Retrieved on: 
Friday, January 5, 2024

"New Energy Storage System Design and Total Solutions" was one of the themes of the Cutting-edge Energy Storage Technology Forum at the exhibition.

Key Points: 
  • "New Energy Storage System Design and Total Solutions" was one of the themes of the Cutting-edge Energy Storage Technology Forum at the exhibition.
  • In-depth exchanges and analyses on the status quo of the energy storage market, future R&D directions of energy storage products, the development of new energy storage systems, etc., were covered during the forum.
  • On the afternoon of November 1st, Mr. Tao Qing, Vice General Manager of the New Energy Storage Division at BatteroTech joined the Cutting-edge Energy Storage Technology Forum and explored trends of products development and technological orientations of large-scale storage with leading figures in the energy storage industry.
  • According to the keynote speech delivered by Mr. Tao Qing, Vice General Manager of the New Energy Storage Division at BatteroTech, in terms of development trends of energy storage, shared energy storage may emerge as the fastest way to profit in energy storage from the business model perspective.

Flash News: OKX Wallet Further Expands Inscription Capability to Support 22 Networks on its App

Retrieved on: 
Sunday, December 24, 2023

SINGAPORE, Dec. 23, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for December 24, 2023.

Key Points: 
  • SINGAPORE, Dec. 23, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for December 24, 2023.
  • OKX Wallet today further expanded its inscription capability to support a total of 22 blockchains.
  • With this expansion, users can now inscribe on Mantle, Celo, Metis, Klaytn, Gnosis, Goerli and Sepolia chains.
  • OKX introduced the ability to inscribe up to 1,200 BRC-20 tokens and transfer up to 30 BTC ordinals in one go on November 27.

Base Carbon’s Rwanda Cookstove Project Receives Corresponding Adjustment Label by Verra

Retrieved on: 
Monday, December 11, 2023

TORONTO, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Base Carbon Inc. (NEO: BCBN) (OTCQX: BCBNF) (“Base Carbon”, or the “Company”) is pleased to share that Verra has announced that it has applied “Article 6 Authorized Label” to the carbon credits from the Company’s Rwanda cookstove project (the “Project”).

Key Points: 
  • TORONTO, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Base Carbon Inc. (NEO: BCBN) (OTCQX: BCBNF) (“Base Carbon”, or the “Company”) is pleased to share that Verra has announced that it has applied “Article 6 Authorized Label” to the carbon credits from the Company’s Rwanda cookstove project (the “Project”).
  • This announcement marks the first time Verra has applied such Article 6 Authorized Label to a carbon project registered in its Verified Carbon Standard Program.
  • Verra, the carbon registry, stated that it “applied the Article 6 labels to ‘carbon credits’ issued to the DelAgua (Base Carbon’s project partner), Live Well Clean Cookstove Programme in Rwanda, which has worked in partnership with the Government of Rwanda for 12 years.
  • “We are strongly encouraged by the hard work of our project partner, DelAgua, with the Government of Rwanda, which allowed the application of the corresponding adjustment label by Verra.

Flash News: OKX Now Supports Base Network

Retrieved on: 
Saturday, December 2, 2023

DUBAI, United Arab Emirates, Dec. 02, 2023 (GLOBE NEWSWIRE) -- OKX , a leading crypto exchange and Web3 technology company, has issued updates for December 2, 2023.

Key Points: 
  • DUBAI, United Arab Emirates, Dec. 02, 2023 (GLOBE NEWSWIRE) -- OKX , a leading crypto exchange and Web3 technology company, has issued updates for December 2, 2023.
  • In order to meet users’ demand for trading, OKX started supporting ETH on Base.
  • Base is a secure and affordable Ethereum Layer 2 (L2) solution designed to facilitate the inclusion of the next billion users on the blockchain.
  • As an Ethereum L2, Base offers the required security, stability, and scalability for onchain applications, enabling the deployment of any Ethereum Virtual Machine (EVM) codebase.

2025 UX 300h BRINGS MORE POWER TO THE STREETS

Retrieved on: 
Wednesday, December 20, 2023

A new hybrid transaxle and lightweight lithium-ion battery contribute to the higher output with the 2025 UX 300h, providing more responsive performance.

Key Points: 
  • A new hybrid transaxle and lightweight lithium-ion battery contribute to the higher output with the 2025 UX 300h, providing more responsive performance.
  • Only offered with a hybrid powertrain in the U.S., the 2025 UX 300h supports Lexus' work towards the realization of a carbon-neutral society.
  • Pricing for the 2025 Lexus UX 300h will be announced in the new year with the vehicle going on sale shortly after.
  • The 2025 Lexus UX 300h is offered in eight different models, including F SPORT Design and F SPORT Handling.