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Belite Bio Announces Pricing of $350.0 Million Underwritten Public Offering of American Depositary Shares
Globenewswire· 2025-12-02 03:37
Core Viewpoint - Belite Bio, Inc has announced a public offering of 2,272,727 American Depositary Shares (ADSs) at a price of $154.00 per ADS, aiming to raise approximately $350 million for commercialization and pipeline development [1][2]. Group 1: Offering Details - The public offering consists of 2,272,727 ADSs priced at $154.00 each, with an additional option for underwriters to purchase up to 340,909 more ADSs [1]. - The expected gross proceeds from the offering are approximately $350 million before deducting underwriting discounts and commissions [1]. - The closing of the offering is anticipated to occur around December 3, 2025, pending customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for commercialization preparation, including building an in-house commercialization team and establishing sales networks [2]. - Funds will also be used for the development and expansion of the company's drug pipeline [2]. - Additional proceeds will support working capital and other general corporate purposes [2]. Group 3: Company Overview - Belite Bio is focused on developing novel therapeutics for degenerative retinal diseases with significant unmet medical needs, such as Stargardt disease type 1 and geographic atrophy in advanced dry age-related macular degeneration [6]. - The company's lead candidate, Tinlarebant, is an oral therapy aimed at reducing bisretinoid toxins in the eye and has completed a Phase 3 trial in adolescent STGD1 subjects [6].
Concluding its community-focused campaign, EZVIZ shares eight winning stories of smart home cameras that struck a powerful chord with Thai families
Globenewswire· 2025-12-02 03:30
Core Insights - EZVIZ has successfully concluded its Thailand campaign "Eyes On You: Stories Worth Seeing," which ran from October to December, inviting people to share personal moments captured by EZVIZ cameras [1] - The campaign highlighted eight winning stories that reflect the everyday realities of Thai families and the role of EZVIZ technology in enhancing safety and connection [3] Group 1: Campaign Overview - The campaign encouraged participation from across Thailand, focusing on moments where safety, care, and connection were intertwined [1] - Eight selected stories showcased the emotional aspects of feeling safe in various Thai lifestyles, emphasizing the importance of security and connection in daily life [3] Group 2: Product Capabilities - EZVIZ's smart home cameras are designed to integrate seamlessly into daily routines, providing practical benefits such as visibility in the dark, movement alerts, and two-way communication [4] - The EZVIZ App enhances user experience by allowing easy access to different rooms, sharing access with loved ones, and monitoring homes remotely, contributing to a meaningful sense of presence [4] Group 3: Lasting Impact - The stories from the campaign will remain available on EZVIZ Thailand's social media, continuing to inspire the community and highlighting shared experiences [5] - The campaign illustrates how technology can enhance human connections and enrich meaningful moments in life [5]
Defining the Future of Next-Generation AI-Native Workstations – AiPPT.com Launches Its Fully Upgraded Platform
Globenewswire· 2025-12-02 03:23
SINGAPORE, Dec. 01, 2025 (GLOBE NEWSWIRE) -- AiPPT.com, the world’s leading AI PPT maker, today announced the official launch of its fully upgraded platform, marking a major milestone in defining what the next-generation AI-native workstation will look like for global professionals, educators, and digital creators. Positioned as a new category of productivity infrastructure, the upgraded AiPPT.com integrates enhanced generative AI models, multimodal creation capabilities, and smarter workflow automation—ush ...
Rackspace Technology Receives 2025 AWS Collaboration Partner of the Year Award
Globenewswire· 2025-12-02 03:05
LAS VEGAS, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI solutions company, today announced it is a recipient of a 2025 Geography and Global AWS Partner Award, recognizing leaders around the globe that are playing key roles in helping their customers drive innovation and build solutions on Amazon Web Services (AWS). Rackspace was named the Collaboration Partner of the Year, recognizing our collaboration with MontyCloud, an Autonomous C ...
Linkage Global Inc. Signs Non-Binding Letter of Intent to Acquire On‑Chain Asset Management Solutions Provider Cicada Tech Limited
Globenewswire· 2025-12-02 01:59
TOKYO, Japan, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Linkage Global Inc (NASDAQ: LGCB) ("Linkage Global" or the "Company"), a cross-border e-commerce integrated services provider headquartered in Japan, today announced that it has entered into a non‑binding Letter of Intent (the “LOI”) with Cicada Tech Limited (“Cicada Tech”), a company mainly engaged in tokenizing real world assets into liquid on-chain yield instruments, to engage in diligence and negotiations regarding the terms of a potential transaction wher ...
Monument Reports First Quarter Fiscal 2026 Results
Globenewswire· 2025-12-02 01:58
Gross Revenue of US$32.4 Million and Cash Cost of US$888/OzVANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its financial results for the three months ended September 30, 2025 (“Q1 FY 2026”). All amounts are in United States dollars unless otherwise indicated (refer to www.sedar.com for full financial results). President and CEO Cathy Zhai commented, “In Q1 FY2026, gold production continued its stead ...
Ascot Announces Pricing of C$150 Million Brokered Private Placement and Nebari Restructuring Terms
Globenewswire· 2025-12-02 01:40
Core Viewpoint - Ascot Resources Ltd. has announced a private placement offering of up to C$150 million in common shares, with additional options for raising up to C$25 million, aimed at funding the development of its Premier Gold Mine and Red Mountain project [2][3][8] Offering Details - The common shares will be sold at a price of C$0.60 per share, following a previously announced 50:1 share consolidation [4] - Ccori Apu S.A.C, a significant shareholder, will participate in the offering to maintain a 32% ownership stake [4] - Up to C$15 million of the offering may be sold as flow-through shares at a price of C$0.73 per share [5] Agent Compensation - The company will pay the agents a cash commission of 6.0% on the total proceeds raised, reduced to 2% for sales to significant shareholders [6] - Agents will also receive warrants to acquire shares equal to 6.0% of the shares sold, exercisable for 24 months from the closing date [7] Use of Proceeds - Net proceeds from the offering will be used for the development of the Premier Gold Mine and Red Mountain project, while proceeds from flow-through shares will be allocated to eligible Canadian development expenses [8] Closing Conditions - The closing of the offering is contingent upon receiving necessary stock exchange approvals and completing a previously announced rights offering and share consolidation [9] Securities Offering - The shares will be offered to accredited investors in Canada, U.S. investors under specific exemptions, and international investors in compliance with applicable laws [10] - The securities will be subject to a four-month hold period under Canadian securities law [11] Restructuring with Secured Creditors - The company is restructuring its agreements with secured creditors, including Nebari Gold Fund, with terms that include converting outstanding interest and principal to principal at closing and extending maturity to five years [15]
Endeavour Silver Prices Offering of Convertible Senior Notes
Globenewswire· 2025-12-02 01:35
Core Viewpoint - Endeavour Silver Corp. has announced the pricing of its offering of unsecured convertible senior notes due 2031, aiming to raise US$300 million, potentially increasing to US$350 million if the over-allotment option is fully exercised [1][2]. Summary by Sections Offering Details - The company plans to issue US$300 million in aggregate principal amount of convertible senior notes, with a potential increase to US$350 million if the initial purchasers exercise their option [1]. - The notes will bear a cash interest rate of 0.25% per annum, with an initial conversion rate of 80.2890 common shares per US$1,000 principal amount, translating to an initial conversion price of approximately US$12.4550 per share, representing a 32.5% premium over the current market price [2]. Use of Proceeds - The net proceeds from the offering will be utilized to repay the senior secured debt facility with ING Capital LLC and Societe Generale, to advance the Pitarrilla project in Durango State, Mexico, and for general corporate purposes, including strategic opportunities [1]. Closing Conditions - The offering is expected to close around December 4, 2025, pending customary closing conditions, including approvals from the Toronto Stock Exchange and the New York Stock Exchange [3]. Company Overview - Endeavour Silver is a mid-tier silver producer operating four mines in Mexico and Peru, with a strong pipeline of exploration projects across Mexico, Chile, and the United States, focusing on organic growth and value creation [6].
Oak Woods Acquisition Corporation Announces Update on Receipt of Nasdaq Filing Delinquency Notification
Globenewswire· 2025-12-02 00:30
Nepean, Ontario , Dec. 01, 2025 (GLOBE NEWSWIRE) -- Oak Woods Acquisition Corporation (Nasdaq: OAKU) (“Oak Woods” or the “Company”) today announced that on November 25, 2025 it received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Form 10-Q for the quarter ended September 30, 2025. As noted in the letter, the Company had previously been granted an exception until December 12, 2025, t ...
Red White & Bloom Brands Files 2025-Q3 Interim Financial Statements
Globenewswire· 2025-12-02 00:30
TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) announces that it has completed and filed its interim financial statements for the period ended September 30, 2025, together with the related management's discussion and analysis and CEO and CFO certificates. Copies of these documents are available under the Company’s profile on SEDAR+ at www.sedarplus.ca. The Company also announces that it has entered into a debt settlement agreement (the “Settlemen ...