SAN DIEGO, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Belite Bio, Inc ("BLTE" or the "Company") (Nasdaq: BLTE), a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, today announced that it has entered into a securities purchase agreement with a new, fundamental healthcare investor for the purchase and sale of 258,309 American Depositary Shares (“ADSs”) and warrants to purchase 258,309 ADS ...

NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Innovative Industrial Properties, Inc. (NYSE: IIPR) between February 27, 2024 and December 19, 2024, both dates inclusive (the “Class Period”), of the important March 18, 2025 lead plaintiff deadline. SO WHAT: If you purchased IIPR securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency ...

Market Overview - The global automotive battery management system (BMS) market is projected to grow from USD 4.7 billion in 2023 to USD 11.7 billion by 2028, representing a compound annual growth rate (CAGR) of 19.8% from 2023 to 2028 [1]. Drivers of Growth - The increasing demand for electric vehicles (EVs) is primarily driven by environmental awareness and government incentives, along with advancements in battery technologies that enhance energy density and reduce costs [2]. - The integration of BMS technology is accelerated by declining battery production costs and heightened competition in the EV sector, supporting the overall growth of the BMS industry [2]. - The global shift towards sustainability and environmental consciousness is expanding the adoption of electric vehicles, further bolstering the BMS market [2]. Market Segmentation - The distributed topology segment of the BMS market is expected to gain significant industry share during the forecast period due to its simpler installation and high reliability, particularly suited for high-power applications like electric vehicles [3]. - The commercial vehicles segment, which includes electric buses and trucks, is anticipated to grow at an impressive CAGR, driven by global net zero emissions goals and increasing adoption of electric transportation [4]. Regional Insights - Europe is expected to hold a significant market share in the automotive BMS industry, influenced by the emerging electric vehicle market and the presence of major automobile manufacturers [5]. - The demand for automotive BMS in Europe is supported by the manufacturing of lithium-ion battery cells and related components, driven by the rising trend of e-mobility [5]. Opportunities and Challenges - The emergence of novel battery technologies presents opportunities for growth in the EV market, with startups and research institutions focusing on developing more efficient materials and battery technologies [6]. - Challenges include performance issues of BMS due to external factors such as extreme temperatures and vibrations, necessitating improvements in reliability and accuracy [7]. Industry Players - Key players in the automotive battery management system market include Eberspächer (Germany), Sensata Technologies, Inc. (US), AVL (Austria), LG Energy Solution (South Korea), and others [9].

NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Hasbro, Inc. (NASDAQ: HAS) on behalf of long-term stockholders following a class action complaint that was filed against Hasbro on November 13, 2024 with a Class Period from February 7, 2022 to October 25, 2023. Our investigation concerns whether the board of directors of Hasbro have breached their fiduciary duties to the company. The Hasbro ...

NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Grocery Outlet Holding Corp. (NASDAQ: GO) between November 7, 2023 and May 7, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 31, 2025. SO WHAT: If you purchased Grocery Outlet securities dur ...

NEW YORK, Feb. 5, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar") (Nasdaq: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today announced the pricing of its previously announced public offering of 7,142,858 Class A ordinary shares (the "Offering") for total expected gross proceeds of approximately $50 million before underwriting discounts and commissions and offering expenses. In connection with the Offering, SunCar has granted the underwriters of the ...

RADNOR, Pa., Feb. 05, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of Florida against Micron Technology, Inc. (“Micron”) (NASDAQ: MU) on behalf of those who purchased or otherwise acquired Micron common stock between September 28, 2023, and December 18, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is March 10, ...

SOUTH SAN FRANSCISCO, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) -- CERo Therapeutics Holdings, Inc., (NASDAQ:CERO) ("CERo" or the "Company") an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, today announced the pricing of its "reasonable best efforts" public offering with participation from a member of the Company's board and a single institutional investor for the purchase and sale of 2,551,020 shares of its common s ...

NEWARK, Del:, Feb. 05, 2025 (GLOBE NEWSWIRE) -- The global healthy foods market is projected to reach USD 897.0 billion by 2025 and is expected to expand at a CAGR of 9.7%, reaching USD 2,264.1 billion by 2035. The healthy foods market includes food and beverage products that offer nutritional benefits beyond basic sustenance, promoting overall health and well-being. These products are often organic, natural, free from artificial additives, and rich in essential nutrients such as vitamins, minerals, fiber, ...

Transocean Ltd Robbins LLP is Investigating Allegations that Transocean Ltd. (RIG) Misled Investors Regarding its Business Prospects SAN DIEGO, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Transocean Ltd. (NYSE: RIG) securities between October 13, 2023 and September 2, 2024. Transocean, together with its subsidiaries, provides offshore contract drilling services for oil and gas we ...