RaaS

Lexasure Financial Group Launches LexasureCloud 1.0 Digital B2B2C InsurTech Platform at InsureTech Connect Asia

Retrieved on: 
Wednesday, May 31, 2023

GEORGE TOWN, Cayman Islands, May 31, 2023 /PRNewswire/ -- Lexasure Financial Group Limited ("Lexasure" or the "Company"), providing reinsurance, insurance, and insurtech solutions in South and Southeast Asia, today announced the launch of LexasureCloud 1.0, a cloud-based, cutting-edge B2B2C platform designed to enhance insurance companies' competitiveness, growth, and profitability.

Key Points: 
  • GEORGE TOWN, Cayman Islands, May 31, 2023 /PRNewswire/ -- Lexasure Financial Group Limited ("Lexasure" or the "Company"), providing reinsurance, insurance, and insurtech solutions in South and Southeast Asia, today announced the launch of LexasureCloud 1.0, a cloud-based, cutting-edge B2B2C platform designed to enhance insurance companies' competitiveness, growth, and profitability.
  • LexasureCloud is being launched at the InsurTech Connect Asia conference, taking place May 30th to June 1st in Singapore, where Lexasure's CEO, Ian Lim, will be presenting.
  • "Our comprehensive B2B2C platform is digitizing risk, helping insurance companies build out additional channels of distribution, and paving a technologically connected path forward for our partners in Asia."
  • LexasureCloud 1.0 and its digital insurtech offerings will continue to evolve and adapt to the changing needs of Lexasure's business partners and customers.

Dais Technology Integrates its No-Code Platform with Verisk's Rating-as-a-Service (RaaS) Offering

Retrieved on: 
Friday, May 26, 2023

CHICAGO, May 26, 2023 /PRNewswire-PRWeb/ -- Dais, a leading provider of no-code insurance technology, has integrated its platform with Rating-as-a-Service (RaaS), Verisk's new cloud-based rating engine, to offer an enhanced solution to help carriers and MGAs accelerate product deployment and simplify product maintenance.

Key Points: 
  • Dais Technology, a premier no-code insurance tech provider, has partnered with Verisk to integrate its platform with Verisk's cloud-based Rating-as-a-Service (RaaS).
  • Dais' no-code platform provides a quoting user interface, advanced deviation management, and developer tools, all without a single line of code.
  • "Dais' capabilities are a great complement to our Rating-as-a-Service product" said Ron Beiderman, senior vice president of core lines services products at Verisk.
  • We can populate our no-code solution with definitive products right from the source" says Jason Kolb, Dais CEO.

Dais Technology Integrates its No-Code Platform with Verisk's Rating-as-a-Service (RaaS) Offering

Retrieved on: 
Friday, May 26, 2023

CHICAGO, May 26, 2023 /PRNewswire-PRWeb/ -- Dais, a leading provider of no-code insurance technology, has integrated its platform with Rating-as-a-Service (RaaS), Verisk's new cloud-based rating engine, to offer an enhanced solution to help carriers and MGAs accelerate product deployment and simplify product maintenance.

Key Points: 
  • Dais Technology, a premier no-code insurance tech provider, has partnered with Verisk to integrate its platform with Verisk's cloud-based Rating-as-a-Service (RaaS).
  • Dais' no-code platform provides a quoting user interface, advanced deviation management, and developer tools, all without a single line of code.
  • "Dais' capabilities are a great complement to our Rating-as-a-Service product" said Ron Beiderman, senior vice president of core lines services products at Verisk.
  • We can populate our no-code solution with definitive products right from the source" says Jason Kolb, Dais CEO.

Guardforce AI Announces Closing of Underwritten Public Offering and Exercise of Full Over-Allotment Option

Retrieved on: 
Monday, May 15, 2023

NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI and Robot-as-a-Service (RaaS), today announced the closing of its underwritten public offering of 2,580,600 ordinary shares, par value $0.12 per share (the "Ordinary Shares") at a public offering price of $4.65 per share (the “Offering”).

Key Points: 
  • NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI and Robot-as-a-Service (RaaS), today announced the closing of its underwritten public offering of 2,580,600 ordinary shares, par value $0.12 per share (the "Ordinary Shares") at a public offering price of $4.65 per share (the “Offering”).
  • The underwriters exercised their over-allotment option in full for an additional 387,090 ordinary shares at the time of the closing of the Offering.
  • As a result, the aggregate gross proceeds of the Offering, including the over-allotment, are approximately $13.8 million, prior to deducting underwriting discounts and other Offering expenses.
  • EF Hutton, division of Benchmark Investments, LLC, acted as the lead book-running manager for the Offering.

Capitalworks Emerging Markets Acquisition Corp. Provides Update on Lexasure Group Business Combination

Retrieved on: 
Friday, May 12, 2023

NEW YORK and GEORGE TOWN, Cayman Islands, May 12, 2023 /PRNewswire/ -- Capitalworks Emerging Markets Acquisition Corp. ("CEMAC") (NASDAQ: CMCA), a publicly traded special purpose acquisition company organized in the Cayman Islands to effect a merger, stock exchange, asset acquisition, stock purchase, recapitalization or other similar business combination, announced an update on its previously announced initial business combination with Lexasure Financial Group ("Lexasure" or the "Company"), pursuant to which a new Cayman Islands holdings company, Lexasure Financial Holdings Corp. ("Pubco"), will acquire both Lexasure and CEMAC.

Key Points: 
  • NEW YORK and GEORGE TOWN, Cayman Islands, May 12, 2023 /PRNewswire/ -- Capitalworks Emerging Markets Acquisition Corp. ("CEMAC") (NASDAQ: CMCA), a publicly traded special purpose acquisition company organized in the Cayman Islands to effect a merger, stock exchange, asset acquisition, stock purchase, recapitalization or other similar business combination, announced an update on its previously announced initial business combination with Lexasure Financial Group ("Lexasure" or the "Company"), pursuant to which a new Cayman Islands holdings company, Lexasure Financial Holdings Corp. ("Pubco"), will acquire both Lexasure and CEMAC.
  • CEMAC is seeking shareholder approval for a nine-month extension to March 3, 2024, of its deadline to complete a business combination at a shareholder meeting scheduled for May 23, 2023.
  • Lexasure provides reinsurance and digital insurance solutions, including Reinsurance-as-a-Service (RaaS), to the growing markets of Southeast and South Asia.
  • The proposed business combination will be submitted to the shareholders of CEMAC for their consideration and approval.

Guardforce AI Announces Pricing of $12.0 Million Underwritten Public Offering of Ordinary Shares

Retrieved on: 
Thursday, May 11, 2023

NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI and Robot-as-a-Service (RaaS), today announced the pricing of its underwritten public offering of 2,580,600 ordinary shares, par value $0.12 per share (the "Ordinary Shares") at a public offering price of $4.65 per share, for aggregate gross proceeds of approximately $12.0 million, prior to deducting underwriting discounts and other offering expenses.

Key Points: 
  • NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI and Robot-as-a-Service (RaaS), today announced the pricing of its underwritten public offering of 2,580,600 ordinary shares, par value $0.12 per share (the "Ordinary Shares") at a public offering price of $4.65 per share, for aggregate gross proceeds of approximately $12.0 million, prior to deducting underwriting discounts and other offering expenses.
  • In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 387,090 ordinary shares at the public offering price per share, less the underwriting discounts to cover over-allotments, if any.
  • The offering is expected to close on May 15, 2023, subject to satisfaction of customary closing conditions.
  • The ordinary shares are being offered by the Company pursuant to a "shelf" registration statement on Form F-3 (File No.

Guardforce AI Announces Proposed Underwritten Public Offering

Retrieved on: 
Wednesday, May 10, 2023

NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI and Robot-as-a-Service (RaaS), today announced it has commenced an underwritten public offering.

Key Points: 
  • NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI and Robot-as-a-Service (RaaS), today announced it has commenced an underwritten public offering.
  • EF Hutton, division of Benchmark Investments, LLC, is acting as the lead book-running manager for the offering.
  • The offering is being made only by means of a prospectus supplement and accompanying prospectus.
  • A prospectus supplement describing the terms of the public offering will be filed with the SEC and will form a part of the effective registration statement.

OSARO Targets Fast-Growing Subscription Market with AI-Powered Kitting Robots

Retrieved on: 
Tuesday, May 9, 2023

OSARO ®, a global leader in machine-learning-enabled robotics for e-commerce, has launched the OSARO Robotic Kitting System .

Key Points: 
  • OSARO ®, a global leader in machine-learning-enabled robotics for e-commerce, has launched the OSARO Robotic Kitting System .
  • (Photo: Business Wire)
    The new system addresses the exploding market for subscription products that require kitting.
  • The advantages of using robots in kitting include:
    Adaptability: machine-learning-enabled robots learn and adapt to new SKUs in real time on the job.
  • Our new kitting solution is ideal for e-commerce businesses and the 3PLs that serve them,” said OSARO CEO Derik Pridmore.

Guardforce AI Announces Closing of Underwritten Public Offering and Exercise of Full Over-Allotment Option

Retrieved on: 
Friday, May 5, 2023

NEW YORK, May 05, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI and Robot-as-a-Service (RaaS), today announced the closing of its underwritten public offering of 1,720,430 ordinary shares, par value $0.12 per share (the "Ordinary Shares") at a public offering price of $4.65 per share (the “Offering”).

Key Points: 
  • NEW YORK, May 05, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI and Robot-as-a-Service (RaaS), today announced the closing of its underwritten public offering of 1,720,430 ordinary shares, par value $0.12 per share (the "Ordinary Shares") at a public offering price of $4.65 per share (the “Offering”).
  • The underwriters exercised their over-allotment option in full for an additional 258,064 ordinary shares at the time of the closing of the Offering.
  • As a result, the aggregate gross proceeds of the Offering, including the over-allotment, are approximately $9.2 million, prior to deducting underwriting discounts and other Offering expenses.
  • EF Hutton, division of Benchmark Investments, LLC, acted as the lead book-running manager for the Offering.

AUTEV, THE FUTURE OF EV CHARGING

Retrieved on: 
Friday, May 5, 2023

SEATTLE, May 5, 2023 /PRNewswire/ -- Autev, a startup that provides an On-Demand Autonomous EV Charging Service just launched under the mission to make EV charging more convenient for EV owners, reduce the need for a fixed charging infrastructure, and help facility owners meet the increasing demand for EV charging.

Key Points: 
  • SEATTLE, May 5, 2023 /PRNewswire/ -- Autev, a startup that provides an On-Demand Autonomous EV Charging Service just launched under the mission to make EV charging more convenient for EV owners, reduce the need for a fixed charging infrastructure, and help facility owners meet the increasing demand for EV charging.
  • Building new public charging stations or dedicated EV charging parking spaces in areas of shared parking presents logistical challenges.
  • Additionally, while 80% of EV owners charge their EVs at home using their own charging devices, at-work and on-the-go EV charging segments are potentially the fastest growing through 2030."
  • Our technology reduces the need for a fixed charging infrastructure and makes EV charging more convenient for EV owners.