British Virgin Islands

Lytus Technologies Holdings PTV. Ltd. announces 1 for 60 Reverse Stock Split

Retrieved on:

Wednesday, February 21, 2024

Transfer, PTV, Registrar, British Virgin Islands, Corporate Affairs, Stock split, Security (finance)

Shareholders otherwise entitled to receive a fractional share as a result of the Reverse Split will receive a whole share in lieu of such factional share.

Key Points:

Shareholders otherwise entitled to receive a fractional share as a result of the Reverse Split will receive a whole share in lieu of such factional share.
The Reverse Split will be effected by filing amendments with the Registrar of Corporate Affairs of the British Virgin Islands.
The Company is effecting the Reverse Split in order to maintain its listing on The Nasdaq Stock Market (“Nasdaq”).
We believe that the proposed Reverse Split will assist the Company in regaining compliance under the Nasdaq Listing Rules.

Aptorum Group Ltd Announces Entering into an Agreement and Plan of Merger with YOOV Group Holding Ltd and a Split-off Agreement to Separate its Legacy Business

Retrieved on:

Wednesday, March 6, 2024

Aptorum Group Limited (Nasdaq: APM), a clinical stage biopharmaceutical company (“Aptorum”), and privately-held YOOV Group Holding Ltd. (“YOOV”) jointly announced today that they entered into an Agreement and Plan of Merger (as it may be amended from time to time, the “Merger Agreement”).

Key Points:

Aptorum Group Limited (Nasdaq: APM), a clinical stage biopharmaceutical company (“Aptorum”), and privately-held YOOV Group Holding Ltd. (“YOOV”) jointly announced today that they entered into an Agreement and Plan of Merger (as it may be amended from time to time, the “Merger Agreement”).
The Merger Agreement was approved by Aptorum’s and YOOV’s boards of directors (each board of directors, the “Board”), respectively.
The Separation will become effective immediately following completion of the Merger.
"This transaction marks a significant milestone for YOOV Group Holding, and we are thrilled about the immense opportunities it brings.

ReTo Eco-Solutions, Inc. Announces Share Combination

Retrieved on:

Tuesday, February 27, 2024

Transfer, CUSIP, British Virgin Islands, Internet, Reto, Security (finance)

BEIJING, Feb. 27, 2024 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company"), a provider of technology solutions and operation services for intelligent ecological environments and Internet of Things technology development services in China and other countries, today announced that on February 1, 2024, its board of directors approved a combination of its common shares on a ten-to-one basis (the "Share Combination").

Key Points:

BEIJING, Feb. 27, 2024 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company"), a provider of technology solutions and operation services for intelligent ecological environments and Internet of Things technology development services in China and other countries, today announced that on February 1, 2024, its board of directors approved a combination of its common shares on a ten-to-one basis (the "Share Combination").
As a result of the Share Combination, each ten (10) pre-combination common shares of the Company will be automatically combined into one (1) common share without any action on the part of the holders, with par value of the common shares of the Company being changed from $0.01 per share to $0.1 per share, and the Company's issued and outstanding common shares will be reduced from 37,451,882 to approximately 3,745,189.
The Share Combination is intended to increase the market price per share of the Company's common shares to allow the Company to maintain its Nasdaq listing.
No fractional shares will be issued as a result of the Share Combination.

Inception Growth Acquisition Limited (NASDAQ: IGTA) Announces Filing of Registration Statement on Form S-4 in Connection with Its Proposed Business Combination with AgileAlgo, a Leading AI Company

Retrieved on:

Monday, February 12, 2024

While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about AgileAlgo, IGTA, and the proposed business combination.

Key Points:

While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about AgileAlgo, IGTA, and the proposed business combination.
By leveraging Generative AI that optimises software delivery capabilities, AgileAlgo will greatly reduce manpower requirements and effort for system integration roles over time.
AgileAlgo focuses on the use of multiple AI techniques including graph neural networks, a deeper form of Machine Learning, to develop AI use cases for end customers.
With the resources from the business combination, the Combined Company will also begin its acquisition strategy to roll-up other consulting companies.

Hollysys Announces Shareholder Approval of Merger Agreement with Ascendent

Retrieved on:

Thursday, February 8, 2024

BVI, EGM, Registrar, Committee, Proxy, British Virgin Islands, Corporate Affairs, Automation, Sub, Security (finance)

Of the ordinary shares voted at the EGM, approximately 86.94% voted in favor of the proposal to authorize and approve the Merger Agreement, the Articles of Merger, the Plan of Merger and the transactions contemplated thereby, including the Merger.

Key Points:

Of the ordinary shares voted at the EGM, approximately 86.94% voted in favor of the proposal to authorize and approve the Merger Agreement, the Articles of Merger, the Plan of Merger and the transactions contemplated thereby, including the Merger.
The Merger Agreement, the Articles of Merger, the Plan of Merger and the transactions contemplated thereby, including the Merger, were therefore duly authorized and approved by resolutions as required by, and in compliance with, the BVI Business Companies Act (as amended) (the "BVI Act").
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 to the Merger Agreement towards satisfying all other closing conditions to the Merger set forth in the Merger Agreement, including obtaining required regulatory approvals, and completing the Merger as quickly as possible.

Healixa Inc. Announces Regional Distribution Agreement for its Eternal Spring™ Deposition Water Harvester™ Technology

Retrieved on:

Tuesday, February 6, 2024

Hygiene, Pan American Health Organization, Environment, Water, British Virgin Islands, Region, Sanitation, OTC, World Health Organization, ES1

Huntington, NY, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Healixa Inc. (OTC: EMOR) (“Healixa” or the “Company”) is proud to announce that the Company has entered into a Regional Distribution Agreement with Caribbean Resource Solutions LLC to enable sales and distribution for its Eternal Spring™ Deposition Water Harvester™ technology in 18 countries and territories within the Caribbean Basin.

Key Points:

Huntington, NY, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Healixa Inc. (OTC: EMOR) (“Healixa” or the “Company”) is proud to announce that the Company has entered into a Regional Distribution Agreement with Caribbean Resource Solutions LLC to enable sales and distribution for its Eternal Spring™ Deposition Water Harvester™ technology in 18 countries and territories within the Caribbean Basin.
This Regional Distribution Agreement is anticipated to begin generating sales and distribution for the Company’s Eternal Spring™ Deposition Water Harvester™ technology in Aruba, Anguilla, Antigua and Barbuda, Barbados, Bonaire, the British Virgin Islands, Curaçao, Grenada, Guadeloupe, Martinique, Saba, Saint Barthélemy, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Sint Eustatius, Sint Maarten, and Trinidad and Tobago.
With far higher absolute humidity in all 18 aforementioned countries and territories, the Company anticipates that its Eternal Spring™ Deposition Water Harvester™ technology will outperform expectations in the Caribbean region.
"This Caribbean market will undoubtedly become a major revenue center for the Company’s Eternal Spring™ Deposition Water Harvester™ technology,” stated Ian Parker, CEO of Healixa.

Dazheng Group Reaffirms Commitment to Acquire Hollysys at US$29.50 Per Share

Retrieved on:

Saturday, February 3, 2024

Buyer Consortium (“the Consortium”) led by Dazheng Group Acquisition Limited (“Dazheng Group”) today issued the following statement reaffirming the merits of its offer to acquire Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) (“Hollysys”).

Key Points:

Buyer Consortium (“the Consortium”) led by Dazheng Group Acquisition Limited (“Dazheng Group”) today issued the following statement reaffirming the merits of its offer to acquire Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) (“Hollysys”).
The Buyer Consortium, led by Dazheng Group, remains extremely motivated to acquire Hollysys at US$29.50 per share.
The Consortium emphasizes to Hollysys shareholders its commitment to acquire Hollysys at US$29.50 per share will remain unchanged by fluctuations in the share price of Hollysys, market conditions, or if the proposed Ascendent transaction is rejected by shareholders at the upcoming Extraordinary General Meeting (“EGM”) on February 8, 2024.
The commitment from Dazheng Group Acquisition Limited is robustly supported by back-to-back equity commitment letters, which have been formally executed by three sponsors as of January 25, 2024.

OANDA unveils Labs Trader program

Retrieved on:

Monday, January 22, 2024

Risk, Challenge, Environment, British Virgin Islands, Financial Services Commission, International finance, Drug

NEW YORK, Jan. 21, 2024 /PRNewswire/ -- OANDA Global Corporation today announced the launch of OANDA Labs Trader, a pioneering trading program centred around profit sharing that enables traders to grow their skills and accelerate their profits.

Key Points:

OANDA announces the launch of OANDA Labs Trader, a new profit-sharing program for traders
NEW YORK, Jan. 21, 2024 /PRNewswire/ -- OANDA Global Corporation today announced the launch of OANDA Labs Trader, a pioneering trading program centred around profit sharing that enables traders to grow their skills and accelerate their profits.
The OANDA Labs Trader program allows traders who pass an assessment to gain access to an OANDA Labs Trader account and share in the P&L they produce.
OANDA's proprietary capital is at risk, so OANDA asks potential OANDA Labs Traders to complete an assessment (the "Challenge") to qualify for the program and demonstrate an ability to generate profits and manage risk.
OANDA Labs is also a dedicated content hub within the OANDA Labs Trader website that provides traders with unique, data-driven tools like Market Sentiment and Topical Instruments, as well as a variety of articles with strategic information to help them make better trading decisions.

OANDA unveils Labs Trader program

Retrieved on:

Monday, January 22, 2024

Risk, Challenge, Environment, British Virgin Islands, Financial Services Commission, International finance, Drug

NEW YORK, Jan. 22, 2024 /PRNewswire/ -- OANDA Global Corporation today announced the launch of OANDA Labs Trader, a pioneering trading program centred around profit sharing that enables traders to grow their skills and accelerate their profits.

Key Points:

OANDA announces the launch of OANDA Labs Trader, a new profit-sharing program for traders
NEW YORK, Jan. 22, 2024 /PRNewswire/ -- OANDA Global Corporation today announced the launch of OANDA Labs Trader, a pioneering trading program centred around profit sharing that enables traders to grow their skills and accelerate their profits.
The OANDA Labs Trader program allows traders who pass an assessment to gain access to an OANDA Labs Trader account and share in the P&L they produce.
OANDA's proprietary capital is at risk, so OANDA asks potential OANDA Labs Traders to complete an assessment (the "Challenge") to qualify for the program and demonstrate an ability to generate profits and manage risk.
OANDA Labs is also a dedicated content hub within the OANDA Labs Trader website that provides traders with unique, data-driven tools like Market Sentiment and Topical Instruments, as well as a variety of articles with strategic information to help them make better trading decisions.

Andrew Harper's Hideaway Report Announces Members' Choice Awards for 2024

Retrieved on:

Thursday, January 18, 2024

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Andrew Harper unveiled its Members' Choice Awards for 2024, recognizing an exceptional collection of hotels, resorts, cruises and favorite travel experiences from around the world.

Key Points:

The results are displayed in the January edition of Andrew Harper's Hideaway Report and are online at Andrew Harper Members' Choice Awards .
Post Ranch Inn, in Big Sur, California, a perennial Members' Choice Awards favorite, again takes first place in the category of Top 10 Hideaways (Under 50 Rooms).
Members' Choice concludes Andrew Harper's awards season, which began with the Editors' Choice Awards , recognizing the editorial team's favorite hotels, restaurants and experiences of the year.
They were showcased in the December edition of Andrew Harper's Hideaway Report.