M&G | Jotup

HydroGraph Announces Corporate Update

Retrieved on:

Monday, March 18, 2024

Hydrograph, M&G, Investment, Growth, Sankofa

VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) announces that Stuart Jara, the Chief Executive Officer of the Company, has left the Company to pursue another opportunity.

Key Points:

VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) announces that Stuart Jara, the Chief Executive Officer of the Company, has left the Company to pursue another opportunity.
Kjirstin Breure, the President of HydroGraph, has been appointed as interim Chief Executive Officer effective immediately.
In support of the ongoing growth of the Company, Mr. Jara will be a consultant to the Company for 18-months.
In addition, HydroGraph is pleased to announce the appointment of a new Chairman of its Board of Directors.

M&G Champions Sustainability as Official Stationery Partner at Boao Forum for Asia

Retrieved on:

Thursday, March 28, 2024

M&G has been the forum's official stationery supplier since 2005.

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M&G has been the forum's official stationery supplier since 2005.
As part of this partnership, M&G set up a Green Office Zone at the venue, offering top-quality office supplies and sustainable stationery products.
In response to the call for low-carbon transformation, M&G prepared eco-friendly stationery kits for the attendees.
M&G is the leading player in the Chinese stationery market, leading in business scale, profitability, distribution coverage, research and product development.

REE Announces Closing of Public Offering of Ordinary Shares

Retrieved on:

Wednesday, March 6, 2024

Prospectus, Suite, TEL, Growth, Sale, Exercise, Form, M&G, REE, Certification, Roth Capital Partners, Security (finance), Economics, Heart, FMVSS, Rare-earth element

TEL AVIV, Israel, March 06, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced the closing of its previously announced underwritten public offering of 2,300,000 Class A ordinary shares (the “ordinary shares”), which includes the full exercise of the underwriter’s overallotment option. Each ordinary share was sold at a public offering price of $6.50 per share.

Key Points:

- Multiple investors participated in the round, led by M&G, REE’s largest investor
TEL AVIV, Israel, March 06, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced the closing of its previously announced underwritten public offering of 2,300,000 Class A ordinary shares (the “ordinary shares”), which includes the full exercise of the underwriter’s overallotment option.
Each ordinary share was sold at a public offering price of $6.50 per share.
The gross proceeds to REE from the offering are approximately $14.95 million, before deducting the placement agent’s fees and other offering expenses payable by REE.
REE intends to use the net proceeds from the offering primarily for working capital and general corporate purposes, including continued product development and commercialization.

REE Announces Proposed Public Offering of Ordinary Shares

Retrieved on:

Thursday, February 29, 2024

Prospectus, Suite, TEL, Sale, Form, M&G, REE, Roth Capital Partners, Security (finance)

TEL AVIV, Israel, Feb. 29, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), today announced that it has launched a public offering to offer and sell its Class A ordinary shares (the “ordinary shares”).

Key Points:

TEL AVIV, Israel, Feb. 29, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), today announced that it has launched a public offering to offer and sell its Class A ordinary shares (the “ordinary shares”).
The Company expects to grant the underwriter a 20-day option to purchase up to an additional 15% of the number of ordinary shares sold in the offering to cover over-allotments, if any.
M&G Investment Management Limited (“M&G”) has indicated an interest in purchasing ordinary shares in the offering at the public offering price.
However, because indications of interest are not binding agreements or commitments to purchase, the underwriter may sell more, less or no ordinary shares in this offering to M&G, or M&G may determine to purchase more, less or no ordinary shares in this offering.

Freightos Announces Board of Directors Change

Retrieved on:

Thursday, February 8, 2024

Economics, M&G, S.A.C. Capital Advisors, Singapore Exchange, Carbon, Politics, Philosophy & Economics, Philosophy, Investment, Commodity, University of Oxford, UBS, Management

Carl brings to Freightos' board a wealth of experience and a proven track record in investing in innovative growth companies focused on disruptive technologies.

Key Points:

Carl brings to Freightos' board a wealth of experience and a proven track record in investing in innovative growth companies focused on disruptive technologies.
Carl currently serves as a board member at Trieye, a fabless semiconductor company, and at NoTraffic, an AI-powered traffic signal platform developer.
Carl, who represents M&G Investments, the largest Freightos investor as of the latest available reports, said, "I believe strongly in Freightos' vision to digitalize the freight industry.
Further, Freightos' contribution to decarbonization through better capacity utilization and better carbon footprint visibility is commendable and aligns with a core mission of M&G.

FCA-Authorised Digital Asset Derivatives Venue GFO-X Raises $30m Series B Funding, Led by M&G Investments

Retrieved on:

Monday, December 11, 2023

The strategic investment will fund GFO-X through its forthcoming launch and support future innovation in the regulated digital asset sector, enhancing trust and credibility in the market.

Key Points:

The strategic investment will fund GFO-X through its forthcoming launch and support future innovation in the regulated digital asset sector, enhancing trust and credibility in the market.
They require the certainty of a safe, regulated trading venue enabling them to trade digital asset derivatives at scale while protecting their client's assets.
LCH DigitalAssetClear is focused on counterparty credit, risk management, and the settlement needs of the digital asset derivatives market as institutional products develop.
This transition demands traditional market structures to solve the multiple risks currently associated with the digital asset market.

UP Fintech's Q1-Q3 Net Income Hits $42M, Surpassing 2-Year Total

Retrieved on:

Monday, November 27, 2023

The non-GAAP net income for the quarter was $16 million, representing a QoQ growth of 4.3% and a YoY increase of 141.1%.

Key Points:

The non-GAAP net income for the quarter was $16 million, representing a QoQ growth of 4.3% and a YoY increase of 141.1%.
The non-GAAP net income for the first three quarters of 2023 reached US$42 million, surpassing the sum of the company's non-GAAP net income for the past two years.
In the third quarter, UP Fintech added 28,803 new global account holders, bringing the total to 2.15 million.
The total account balance amounted to approximately US$18.9 billion, reflecting a 45.7% YoY increase, with net asset inflows exceeding US$1.5 billion during the quarter.

Harbinger Health Raises $140 Million in Series B Funding to Accelerate Advancement of its Screening Platform for Early-Stage Cancers

Retrieved on:

Thursday, September 28, 2023

CAMBRIDGE, Mass., Sept. 28, 2023 /PRNewswire/ -- Harbinger Health, a biotechnology company pioneering new technologies to fundamentally change cancer screening and detection, announced today that it raised $140 million in Series B funding. The financing round is comprised of the Company's founder, Flagship Pioneering, alongside new global institutional investors including Pictet, Partners Investment, and Catalyst, M&G Investments' purpose-led private assets strategy, among other investors. The new funds will be used to support the completion of Harbinger's Cancer ORigin Epigenetics-Harbinger Health (CORE-HH) 10,000-participant clinical study of its novel blood-based cancer screening platform; develop its two-tier testing model; expand its data science and commercial teams and capabilities; and initiate additional clinical studies in high-risk populations.

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Harbinger is developing a proprietary two-tier testing model with the goal of making cancer screening accessible on a global scale.
Harbinger's platform, HarbingerHx, leverages machine learning, proprietary insights into the molecular biology of cancer's origins, and growing datasets to develop insights that maximize clinical informativeness.
"At Harbinger, our goal is to lead the way to a future where cancer screening is routine, affordable and accessible for everyone," said Stephen Hahn, M.D., CEO of Harbinger Health.
Harbinger has raised approximately $190 million in total funding since its formation in 2020.

UBQ Materials Raises $70 Million in Funding, Led by Eden Global Partners

Retrieved on:

Wednesday, September 13, 2023

TEL AVIV, Israel, Sept. 13, 2023 /PRNewswire/ -- UBQ Materials, climate tech developer of advanced materials made from waste, today announced it has closed $70 million in funding, led by Eden Global Partners. Additional participants in the financing were return investors in the company, including TPG Rise Climate, TPG's Rise Fund, Battery Ventures, and M&G's Catalyst strategy.

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Financing Round, Joined by Current Investment Partners, to Drive Global Expansion and Advance R&D for Additional Product Lines
TEL AVIV, Israel, Sept. 13, 2023 /PRNewswire/ -- UBQ Materials , climate tech developer of advanced materials made from waste, today announced it has closed $70 million in funding, led by Eden Global Partners.
The investment will support the company's commercial, sales, and marketing scale up, as UBQ Materials continues its global expansion.
This means building UBQ facilities on a world-scale, which requires significant expansion and funding," said Albert Douer, Co-CEO and Chairman of UBQ Materials.
"UBQ has pioneered a fully sustainable resource, pivotal for existing manufacturing industries across endless applications," said Jack (Tato) Bigio, Co-Founder and Co-CEO of UBQ Materials.

Boston Metal Closes $262M Series C Funding Round to Decarbonize Steelmaking and Disrupt the Metals Industry

Retrieved on:

Wednesday, September 6, 2023

Boston Metal, a global metals technology solutions company, today announced the close of its Series C fundraising, bringing the series total to $262 million.

Key Points:

Boston Metal, a global metals technology solutions company, today announced the close of its Series C fundraising, bringing the series total to $262 million.
Existing investor Breakthrough Energy Ventures also joined the round, and several others made additional investments in the Series C, including Microsoft’s Climate Innovation Fund, BHP Ventures and Prelude Ventures.
“Boston Metal is working to decarbonize the steelmaking and metals industries,” said Thierry Masson, head of Catalyst – Americas at M&G Investments.
“Boston Metal’s MOE technology paired with an experienced leadership team provides a major opportunity to reduce emissions in hard-to-abate industries worldwide.