WLG

AAC Technologies' Revenue in 2024 is Expected to Increase by 10-15%, PSS Automotive Business Revenue will Exceed RMB3 Billion

Retrieved on: 
Thursday, March 28, 2024
Financial management, Conference, Algorithm, Growth, PSS, CFO, XR, Capital expenditure, Acquisition, WLG, ASP, OEM, AAC Technologies, Yoy, Acoustics, Lens, Multimedia, AAC, Video game

The overall revenue is expected to increase by 10% to 15% in 2024, and the comprehensive gross profit margin will also recover to over 20%.

Key Points: 
  • The overall revenue is expected to increase by 10% to 15% in 2024, and the comprehensive gross profit margin will also recover to over 20%.
  • It is expected that the automotive business will contribute RMB3 to 3.5 billion in revenue, achieving a net profit of around RMB0.2 billion.
  • PSS covers the majority of high-end European and American automotive brands and leads in both customer relations and product innovation.
  • "We expect PSS to contribute RMB3 to 3.5 billion in revenue this year, achieving around RMB2 billion in net profit," Ms. Guo said.

AAC Showcases Seven Integrated Solutions at CES 2024, Accelerating AI for a Digital World

Retrieved on: 
Friday, January 12, 2024
Synthetic media, RF, Noise, Acoustics, Research, TWS, GPS, Software design, Kool-Aid, Transsion, Vibration, Multimedia, XR, VFW, AOP, OnePlus, AAC, Electronics, AI, TTL, SNR, Algorithm, Pancake, MIX, MEMS, Exhibition, USS, PSS, WLG, Microphone, NVH, Original equipment manufacturer, Ultra, Tablet, Smartglasses, LHP, Turbocharger, Engineering, FOV, Lens, Mechanics, MTF, Cassette tape

In the era of AI, AAC showcased its integrated solutions across seven domains – intelligent automotive, acoustics, haptic feedback, XR, optics, precision manufacturing, and sensors & semiconductors.

Key Points: 
  • In the era of AI, AAC showcased its integrated solutions across seven domains – intelligent automotive, acoustics, haptic feedback, XR, optics, precision manufacturing, and sensors & semiconductors.
  • In the acoustics and haptics world, AAC presented Opera, a coaxial speaker designed for smartphones, along with the related algorithms.
  • The key and cornerstone of constructing a digital world with AI lie in upgrading perceptual experiences at the audio-visual-tactile entry level.
  • AAC, through its seven integrated solutions, is collaboratively working towards enhancing perceptual experiences for global consumers.

AAC, a Leader in Sensory Experiences, Unveils Latest Sensory and Interactive Innovations in the Digital World at CES 2024

Retrieved on: 
Friday, January 5, 2024
VR, RF, Redmi, Mechanics, LHP, MEMS, Lens, Research, Semiconductor, Electronics, Ultra, XR, Acoustics, Patent, Transsion, Miniaturization, DLP, OnePlus, Xiaomi 13, Neta, Algorithm, WLG, AAC, Mobile phone

Visitors will get to experience a whole new digital world with the latest sensory and interactive innovations brought by AAC.

Key Points: 
  • Visitors will get to experience a whole new digital world with the latest sensory and interactive innovations brought by AAC.
  • Throughout its 30-year history, AAC has been forging innovations to ensure that more and more people enjoy extraordinary sensory experiences.
  • With 18 R&D centers across the globe and over 14,000 patent applications, AAC stands at the forefront of innovative sensory solutions.
  • Focusing on the miniaturization of Hi-Fi technology, AAC provides Opera, a coaxial speaker designed for smartphones, along with the related algorithms.

Sandbox Royalties Announces US$100 Million of Fully Funded Acquisitions

Retrieved on: 
Tuesday, October 31, 2023
Stikeman Elliott, NSR, Gold, Asset-backed security, Bank, Copper, GPA, APA, WLG, RCF, Bank of Montreal, First Step, CLA, National Bank of Canada, Growth, NBC, LLP, National bank, PIK, Silver, Southern Copper Corporation, GRR, Zinc, Significance, Graphite, Investment, Sandstorm Gold, Blackwater, BMO, Palladium, Airline, Security (finance), Cryptocurrency, Greenstone, Sandbox, Dust storm, Regal

Vancouver, British Columbia--(Newsfile Corp. - October 31, 2023) - Sandbox Royalties Corp. ("Sandbox Royalties", "Sandbox", or the "Company") today announces that it has entered into definitive agreements to acquire three royalty and streaming assets on high-quality, in-construction mining projects for total consideration of US$100 million.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 31, 2023) - Sandbox Royalties Corp. ("Sandbox Royalties", "Sandbox", or the "Company") today announces that it has entered into definitive agreements to acquire three royalty and streaming assets on high-quality, in-construction mining projects for total consideration of US$100 million.
  • Regal has also subscribed for approximately 34.6 million common shares of Sandbox at a price of C$0.70/common share for total proceeds of US$17.5 million.
  • On October 31, 2023, Sandbox entered into a 5-year, C$22.2 million (US$16 million) secured convertible loan agreement ("CLA") with Beedie Capital.
  • Beedie Capital has also subscribed for approximately 7.9 million common shares of Sandbox at a price of C$0.70/common share for total proceeds of US$4 million.

Pyrrha Files Lawsuit Against Mejuri

Retrieved on: 
Wednesday, October 25, 2023
Women, Online Retail, Jewelry, Consumer, Fashion, Luxury, Retail, Department Stores, Carbon, Complaint, Federal Court of Canada, Certification, WLG, B Corporation (certification), Pyrrha of Thessaly, Robotics Design Inc, LLP, Confusion, Jewellery, Collection, Federal court, Fashion design, Planet

Pyrrha Design Inc. ("Pyrrha"), a maker of sustainable, handcrafted jewelry, has filed a lawsuit against Toronto-based jewelry maker Mejuri Inc. ("Mejuri"), seeking to enjoin the latter’s use of the trademark PYRA and infringement of the registered PYRRHA trademark.

Key Points: 
  • Pyrrha Design Inc. ("Pyrrha"), a maker of sustainable, handcrafted jewelry, has filed a lawsuit against Toronto-based jewelry maker Mejuri Inc. ("Mejuri"), seeking to enjoin the latter’s use of the trademark PYRA and infringement of the registered PYRRHA trademark.
  • Pyrrha has extensively and consistently used its PYRRHA trademark in association with its jewelry for decades and must protect the goodwill and brand identity that it has carefully cultivated and nurtured over time.
  • Pyrrha also claims that Mejuri's use of the PYRA trademark is likely to diminish the value of the goodwill in Pyrrha's brand by causing confusion in the marketplace between PYRRHA and PYRA.
  • Our handcrafted jewelry is synonymous with the name ‘Pyrrha’ and we have to take steps to protect our reputation and our business,” says Pyrrha co-founder and designer Wade Papin.

Damon Motors, Makers of the Award Winning HyperSport EV Motorcycle, Announces Merger with Inpixon Ltd., and Plans for Nasdaq Listing of Combined Company

Retrieved on: 
Monday, October 23, 2023
Vehicle Technology, Automotive, Other Automotive, General Automotive, EV, Electric Vehicles, Alternative Vehicles, Fuels, Motorcycles, Supreme court, Acceleration, United Kingdom, Spin, Business analyst, Arrangement, United States Aviator Badge, Northwestern University, IPM, Safety, Carbon, WLG, Dorsey, Electric Bond and Share Company v. Securities and Exchange Commission, Law of the United Kingdom, Engine, Multimedia, Death, Hyperdrive, LLP, Torque, Dorsey & Whitney, Hydrocarbon, Accident, Electronics, Plan, M&A, Motorcycle, Motion, Energy Independence and Security Act of 2007, Personal protective equipment, Security (finance), Electric motor, Distrito Grafiti (TransMilenio)

Damon’s HyperSport is expected to be one of the safest, smartest and most powerful motorcycles available in the market.

Key Points: 
  • Damon’s HyperSport is expected to be one of the safest, smartest and most powerful motorcycles available in the market.
  • Upon the completion of the Business Combination, the combined company will be listed on the Nasdaq Capital Market, subject to the approval of an initial listing application.
  • The Business Combination has been approved unanimously by the Board of Directors of both Inpixon and Damon.
  • Gowling WLG (Canada) LLP acted as Canadian counsel to Damon and Dorsey & Whitney LLP acted as U.S. counsel to Damon.

Cybin Completes Acquisition of Small Pharma Inc. to Create International Clinical-stage Leader in Novel Psychedelic Therapeutics

Retrieved on: 
Monday, October 23, 2023
Mental Health, Research, Clinical Trials, Biotechnology, Alternative Medicine, Health, Pharmaceutical, General Health, Science, Odyssey, Suite, TSX Venture Exchange, Arrangement, Related, NYSE, Model Business Corporation Act, DSM-IV codes, Data, Anxiety, Pharma, DRS, WLG, Acquisition, National instrument, Multimedia, Consideration, Inc., LLP, DMT, Depression, Safety, NEO, Patient, Letter, Fine chemical, Pharmaceutical industry, Security (finance)

As a result of the Arrangement, Small Pharma is now a wholly-owned subsidiary of Cybin.

Key Points: 
  • As a result of the Arrangement, Small Pharma is now a wholly-owned subsidiary of Cybin.
  • Small Pharma shareholders who hold their Small Pharma Shares through a broker or other intermediary should follow the instructions provided by such broker or intermediary.
  • The Small Pharma Shares were acquired by Cybin in exchange for the issuance of 0.2409 Cybin Shares for each Small Pharma Share held.
  • Aird & Berlis LLP acted as legal counsel to Small Pharma and the special committee to the Board of Directors of Small Pharma.

Minister of Justice and Attorney General of Canada announces a judicial appointment to the Federal Court

Retrieved on: 
Tuesday, September 26, 2023
Survivor, Judiciary Act of 1925, Federal Court of Canada, Tax Court of Canada, Bachelor, Legislation, The arts, Justice, University, Bar, Disability, Criminal code, Bachelor of Education, Federal court, Lawyer, Woman, Dignity, Gowling WLG, Common law, Questionnaire, University of Ottawa Faculty of Law, Privacy, Carleton University, Pier, LL.B, Government, Person, Language, Cabinet, Trustee, Tax court, Child, Government of Canada, The Criminal Code, Steven Naifeh, WLG, Family, Education, Pharmaceutical industry

OTTAWA, ON, Sept. 26, 2023 /CNW/ - The Honourable Arif Virani, Minister of Justice and Attorney General of Canada, today announced the following appointment under the judicial application process established in 2016.

Key Points: 
  • OTTAWA, ON, Sept. 26, 2023 /CNW/ - The Honourable Arif Virani, Minister of Justice and Attorney General of Canada, today announced the following appointment under the judicial application process established in 2016.
  • Justice Ngo replaces Justice R. Barnes, who elected to become a supernumerary judge effective November 22, 2020.
  • Budget 2022 provides for 22 new judicial positions, along with two associate judges at the Tax Court of Canada.
  • Federal judicial appointments are made by the Governor General, acting on the advice of the federal Cabinet and recommendations from the Minister of Justice.

Cybin to Acquire Small Pharma Inc.

Retrieved on: 
Monday, August 28, 2023
Science, Biotechnology, Research, Pharmaceutical, General Health, Health, Mental Health, Clinical Trials, GMP, TSX Venture Exchange, Good manufacturing practice, IV, Telephone, EDGAR, Patent, Patient, Transaction, NYSE, Agreement, Pharma, Inc., Therapy, Event, OTCQB, Data, Supreme court, NYSE American, FDA, WLG, Mental health, Proxy, LLP, Intellectual property, Model Business Corporation Act, IP, Breakthrough therapy, MDD, Law of the United Kingdom, NEO, Good, DMT, Partnership, Small, SSRI, Regulation of tobacco by the U.S. Food and Drug Administration, Food, Pharmaceutical industry, Fine chemical, Management, Security (finance)

View the full release here: https://www.businesswire.com/news/home/20230828350890/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230828350890/en/
    Under the terms of the Transaction, Small Pharma shareholders will receive 0.2409 common shares in the capital of Cybin (“Cybin Shares”) for each common share of Small Pharma (“Small Pharma Share”) held.
  • Holders of options to purchase Small Pharma Shares that are “in-the-money” based on the volume weighted average trading price of the Small Pharma Shares on the TSXV for the five trading days immediately preceding the effective time of the Transaction (the “Small Pharma Share Value”) will receive from Small Pharma a number of Small Pharma Shares equal to the number of Small Pharma options held, multiplied by the amount by which the Small Pharma Share Value exceeds the exercise price of such Small Pharma options, divided by the Small Pharma Share Value.
  • Each Small Pharma option that is “out-of-the-money” based on the Small Pharma Share Value will be deemed to be surrendered to Small Pharma for $0.001 and cancelled.
  • The Small Pharma Board has unanimously determined, after receiving the unanimous recommendation of the Small Pharma Special Committee, that the Transaction is fair to the Small Pharma shareholders, and in the best interests of Small Pharma, and has unanimously recommended that Small Pharma shareholders vote in favour of the Transaction.

Stonepeak Signs Recapitalization of Portfolio Company euNetworks Alongside Strategic Investments from APG and IMCO

Retrieved on: 
Tuesday, May 2, 2023
Professional Services, Data Management, Technology, Finance, Asset Management, Networks, Banking, Partnership, Infrastructure, Multimedia, ABP, Alberta Investment Management Corporation, Sale, Simpson Thacher & Bartlett, UBS, City, ESG, Growth, IMCO, WLG, APG, Asset management, Cryptocurrency, EuNetworks

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the recapitalization of euNetworks, a Western European bandwidth infrastructure company.

Key Points: 
  • Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the recapitalization of euNetworks, a Western European bandwidth infrastructure company.
  • The recapitalization is being effectuated as a sale of euNetworks anchored by a Stonepeak managed vehicle alongside strategic investments from APG Asset Management (APG) and Investment Management Corporation of Ontario (IMCO).
  • The company owns and operates 17 dense fiber-based metropolitan city networks, connected with long haul networks covering 53 cities in 17 countries.
  • They lead the data center connectivity market in Europe, directly connecting over 510 data centers today, with further indirect connections.