SAN DIEGO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Franklin Access (NASDAQ: FKWL) announced today the successful funding of its joint venture to develop 4G/5G modules and AI-powered solutions under the Sigbeat brand. The Sigbeat joint venture will design, market, and certify 4G/5G modules featuring advanced on-device AI capabilities, including enhanced security, image processing, and video streaming functionalities. These modules aim to provide faster response times, stronger privacy safeguards, and reduced relia ...

Core Viewpoint - A class action lawsuit has been filed against Joint Stock Company Kaspi.kz, alleging securities fraud and unlawful business practices [1][2]. Group 1: Lawsuit Details - The lawsuit is based on claims that Kaspi.kz and its officers have engaged in misleading practices regarding their exposure to Russia [2]. - Shareholders who purchased Kaspi.kz securities during the Class Period have until February 18, 2025, to apply as Lead Plaintiff [3]. Group 2: Research Report Findings - Culper Research issued a report claiming that Kaspi.kz has misled U.S. investors about its ties to Russia, particularly ahead of its NASDAQ listing in January 2024 [3]. - The report alleges that Kaspi.kz's growth has been materially supported by relationships with Russian partners, especially following Russia's invasion of Ukraine [3]. - Concerns are raised regarding Kaspi.kz's dealings with sanctioned individuals and the potential risks to its valuation and U.S. listing [3]. Group 3: Market Reaction - Following the release of the report, Kaspi.kz's stock price fell by $22.53 per American Depositary Share, a decline of 18.83%, closing at $97.10 per ADS on December 20, 2024 [3].

Key TakeawaysPresident Trump on Tuesday announced a joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.The companies said they would commit $100 billion to start, and as much as $500 billion over the next four years toward the initiative, called Stargate. Oracle shares surged Tuesday ahead of the announcement, leaving them up more than 50% over the past 12 months. President Donald Trump on Tuesday announced a joint venture with Oracle (ORCL), OpenAI, and SoftBank to build ...

SalMar ASA, rated BBB+/Stable by Nordic Credit Rating, has mandated Danske Bank, DNB Markets, Nordea and SEB as Global Coordinators and Joint Lead Managers and Rabobank as Joint Lead Manager to arrange a series of physical and virtual fixed income investor meetings commencing on Wednesday 22 January 2025. One or more NOK denominated senior unsecured green bond issues, with fixed and/or floating coupon and a minimum tenor of 5 years may follow, subject to inter alia market conditions. For further information ...

Joint Stock Company Kaspi.kz Class Action: Levi & Korsinsky Reminds Joint Stock Company Kaspi.kz Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 18, 2025 - KSPI ...

Torq Resources Announces Santa Cecilia Option and Joint Venture Transaction with Gold Fields Now In Effect ...

ROSEN, LEADING INVESTOR COUNSEL, Encourages Joint Stock Company Kaspi.kz Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - KSPI ...

Grid Metals Corp. Announces TSX-V Approval of Makwa Option and Joint Venture Agreement - Receipt of Cash and Participation at Vancouver Resource Investment Conference ...

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Joint Stock Company Kaspi.kz Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KSPI ...

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Joint Stock Company Kaspi.kz of Class Action Lawsuit and Upcoming Deadlines - KSPI ...