Group 1 - The company Junee Limited will change its name to SuperX AI Technology Limited and shift its business focus to becoming a one-stop AI infrastructure solutions provider, effective June 2, 2025 [1][3] - The new ticker symbol for the company will be "SUPX" following the name change [1] - The rebranding reflects a strategic transformation aimed at delivering end-to-end infrastructure for AI applications, including compute, model hosting, data pipelines, and system-level orchestration [2][3] Group 2 - SuperX aims to empower enterprises and developers with unified and scalable solutions necessary for building, deploying, and operating AI applications at scale [2] - The executive director of the company emphasized that AI infrastructure is seen as the foundation of future productivity, highlighting a commitment to integrated and reliable solutions [3] - Junee Limited, through its subsidiaries, aims to become a leading technology company focused on next-generation digital infrastructure solutions, integrating smart technology into its offerings [4]

Group 1 - VersaBank will report its second quarter fiscal 2025 financial results on June 4, 2025, at 7:00 a.m. ET, followed by a conference call at 9:00 a.m. ET [1] - The conference call will feature presentations by David Taylor, President & CEO, and John Asma, CFO, with a question and answer session to follow [1] - The financial results will be released via news release at approximately 7:00 a.m. ET on the same day [1] Group 2 - For those wishing to join the conference call, registration can be done in advance for an automated call back, or participants can dial in directly [2] - A live webcast of the presentation will be available on the Bank's website and through a specific link [3] - An archived version of the webcast will be accessible for 90 days post-event, and a replay of the teleconference will be available until July 4, 2025 [4] Group 3 - VersaBank operates as a federally chartered bank in both Canada and the US, utilizing a branchless, digital business-to-business model [5] - The Bank has launched a Receivable Purchase Program funding solution aimed at underserved markets in the US, building on its success in Canada [5] - VersaBank also owns DRT Cyber Inc., a leader in cybersecurity services, and has proprietary technology for digital assets, including Digital Deposit Receipts [5]

Core Viewpoint - Pintec Technology Holdings Limited will hold an extraordinary general meeting of shareholders on June 13, 2025, in Beijing, China, to discuss company matters [1]. Group 1: Meeting Details - The extraordinary general meeting (EGM) is scheduled for June 13, 2025, at 10:00 a.m. Beijing time [1]. - Holders of Class A and Class B ordinary shares as of May 13, 2025, are entitled to attend and vote at the EGM [2]. - Voting rights for American Depositary Shares (ADS) holders will be facilitated through The Bank of New York Mellon or other intermediaries [2]. Group 2: Company Overview - Pintec is a Nasdaq-listed company that provides technology-enabled financial and digital services to micro, small, and medium enterprises in China [4]. - The company connects business and financial partners on its open platform, enabling efficient financial service delivery to end users [4]. - Pintec holds various licenses in China, including internet micro lending, fund distribution, insurance brokerage, and enterprise credit investigation licenses [4].

Core Insights - Tofutti Brands Inc. reported a significant decline in net sales for both the thirteen weeks and thirty-nine weeks ended September 28, 2024, with a decrease of 21% and 16% respectively compared to the same periods in the previous year [1][2]. Sales Performance - For the thirteen weeks ended September 28, 2024, net sales were $1,986,000, down from $2,515,000 for the same period in 2023, primarily due to decreased sales in vegan cheese and frozen dessert products [1]. - Vegan cheese sales fell to $1,648,000 from $2,110,000, while frozen dessert sales decreased to $338,000 from $405,000 during the same thirteen-week period [1]. - For the thirty-nine weeks ended September 28, 2024, net sales totaled $6,481,000, down from $7,724,000, with vegan cheese sales dropping to $5,383,000 from $6,492,000 and frozen dessert sales decreasing to $1,098,000 from $1,232,000 [2]. Profitability - Gross profit for the thirteen weeks ended September 28, 2024, was $485,000, a decrease from $786,000 in the prior year, resulting in a gross profit percentage decline from 31% to 24% [3]. - For the thirty-nine weeks, gross profit decreased to $1,621,000 from $2,059,000, with a gross profit percentage of 25%, down from 27% [3]. Net Losses - The company reported net losses of $207,000 ($0.04 per share) for the thirteen weeks and $542,000 ($0.10 per share) for the thirty-nine weeks ended September 28, 2024, compared to a net income of $110,000 ($0.02 per share) and a net loss of $310,000 ($0.06 per share) for the same periods in 2023 [4]. Financial Position - As of September 28, 2024, Tofutti Brands had approximately $176,000 in cash and working capital of approximately $2,961,000, compared to $837,000 in cash and $3,440,000 in working capital at December 30, 2023 [5]. Management Commentary - The CEO expressed disappointment in the revenue and operating results for the first thirty-nine weeks of 2024 but indicated efforts to recover lost sales and improve operating results in the fourth quarter and into 2025 [6].

Core Viewpoint - Junee Limited is strategically focusing on developing and operating artificial intelligence (AI) computing centers, planning to raise up to US$40 million for this initiative [1][4]. Funding Allocation - The planned financing of up to US$40 million will primarily support the establishment of an AI supercomputing center in Australia and enhance the company's working capital [2][3]. - The AI supercomputing center will consist of 511 AI servers equipped with up to 4,088 NVIDIA H200 or higher level GPUs, with a total investment in the project potentially reaching up to US$200 million [2][5]. Strategic Partnerships - Junee Limited has entered into a non-binding memorandum of understanding with PanaAI Technology Pty Ltd, an NVIDIA Cloud Partner, to collaborate on AI product development and the construction of AI supercomputing centers in Australia [4][5]. - A service contract was established between Junee's subsidiary ASPAC AI Computing Pty Ltd and PanaAI for the design, integration, and deployment of an artificial intelligence superfactory [6]. - A customer purchase agreement was signed with PanaAI for hardware and software services, with ASPAC expected to pay approximately US$100 million in installments [7]. Company Overview - Junee Limited, through its subsidiary ASPAC, specializes in supercomputing infrastructure and aims to advance artificial intelligence and high-performance computing (HPC) [8]. - The company is constructing a supercomputer facility in the Southern Hemisphere to support advancements in technologies such as Large Language Models (LLMs), autonomous driving, and climate science [9][10].

Core Insights - Junee Limited's subsidiary, ASPAC AI Computing, has signed a customer purchase agreement with PanaAI Technology to enhance its capabilities in artificial intelligence and advanced computing [1][2] - The agreement includes the provision of high-performance computing resources, including Nvidia products and professional services, aimed at accelerating AI solution development [2] - The total consideration for the services is approximately US$100 million, part of a broader MOU for up to US$200 million in investments to foster innovation in AI products and supercomputing centers [3][6] Company Strategy - The collaboration with PanaAI is seen as a pivotal moment for ASPAC and Junee Limited, aiming to revolutionize smart home and commercial design solutions [4] - The partnership is expected to significantly enhance ASPAC's technical capabilities, enabling the development of sophisticated AI-driven applications [4][5] - Junee Limited's proactive approach reflects its commitment to maintaining a competitive edge in the rapidly evolving AI and technology market [5] Historical Context - A non-binding MOU was announced on August 27, 2024, outlining plans for collaboration on AI products and supercomputing centers, potentially involving 511 AI servers with up to 4,088 GPUs [6] - On September 18, 2024, ASPAC entered into a service contract with PanaAI for the design and deployment of an artificial intelligence superfactory [7] Company Overview - Junee Limited specializes in high-quality residential and commercial interior design solutions and aims to integrate smart technology into its offerings [8]

Hong Kong, April 19, 2024 (GLOBE NEWSWIRE) -- Junee Limited (the "Company" or "Junee"), a provider of interior design, fit-out and maintenance services in Hong Kong, today announced the closing of its initial public offering (the "Offering") of 2,000,000 ordinary shares at a price of $4.00 per share. The ordinary shares began trading on the Nasdaq Capital Market on April 17, 2024 under the ticker symbol "JUNE". The Company received aggregate gross proceeds of $8 million from the Offering, before deducting u ...

Hong Kong, April 17, 2024 (GLOBE NEWSWIRE) -- Junee Limited (the "Company" or "Junee"), a provider of interior design, fit-out and maintenance services in Hong Kong, today announced the pricing of its initial public offering (the "Offering") of 2,000,000 ordinary shares at a price of $4.00 per share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on April 17, 2024 under the ticker symbol "JUNE". The Company expects to receive aggregate gr ...