Crown Reserve Acquisition Corp. I Announces the Separate Trading of Its Class A Ordinary Shares, Warrants, and Rights, Commencing on or About December 9, 2025
Globenewswire· 2025-12-04 03:52
Core Points - Crown Reserve Acquisition Corp. I announced that starting on or about December 9, 2025, holders of units from the initial public offering can separately trade Class A ordinary shares, warrants, and rights included in the units [1] - The separated Class A ordinary shares, warrants, and rights are expected to trade on the Nasdaq Global Market under the symbols "CRAC," "CRACW," and "CRACR," while units not separated will continue to trade under the symbol "CRACU" [2] - A registration statement for these securities was filed with the SEC and became effective on September 26, 2025, with the offering made only by means of a prospectus [3] Company Information - The company has appointed VStock Transfer, LLC as the transfer agent for the separation of units into Class A ordinary shares, warrants, and rights [2] - Contact information for the Chief Financial Officer, Eric Sherb, is provided for inquiries related to the company [6]
Faraday Future Announces That the First Full Batch of Components for its FX Super One MPV Completed Customs Clearance and will be Delivered to the Company’s Hanford, CA Factory in Anticipation of the First Pre-Production Vehicle Off the Line in December
Globenewswire· 2025-12-04 03:15
Core Insights - Faraday Future has successfully received the first batch of knockdown parts for the FX Super One MPV, marking a significant milestone towards production readiness and delivery [1][3][6] - The arrival of these components follows a successful trial production phase, which focused on planning and verifying production processes and quality standards [3][6] - The company is also advancing its Global Automotive Industry Bridge Strategy, which encompasses supply chain sourcing, testing, and production readiness [3][5] Production and Delivery Milestones - The knockdown parts will be used to assemble pre-production FX Super One vehicles for testing and marketing activities in the U.S. [3] - The first international delivery of the FX Super One occurred on November 27, 2025, to soccer legend Andrés Iniesta in the UAE, indicating the start of product deliveries in that region [5] - The Hanford manufacturing facility is preparing for flexible production, with the potential to produce over 30,000 FX vehicles annually [8] Vehicle Features and Technology - The FX Super One is designed as an affordable mass-market MPV, featuring a spacious interior, advanced technology, and multiple powertrain options, including battery electric and AI hybrid extended range configurations [9][10] - The vehicle will incorporate the FF Super EAI F.A.C.E. system and the FF EAI Embodied Intelligence AI Agent 6x4 Architecture, representing a significant technological advancement in the automotive sector [10] Company Overview - Faraday Future aims to disrupt the automotive industry by creating a user-centric, technology-first driving experience, with a focus on luxury and innovation [12] - The company has invested approximately $300 million in its 1.1 million-square-foot manufacturing facility in Hanford, California, which is central to its production strategy [8]
Linkage Global Inc. Announces Closing of $1 Million Private Placement Financing
Globenewswire· 2025-12-04 02:25
Core Points - Linkage Global Inc has successfully closed a private investment in public equity (PIPE) financing, raising approximately US$1,000,000 by issuing 689,655 Class A Ordinary Shares at US$1.45 per share [1][3] - The net proceeds from this financing will be utilized for general corporate purposes, including working capital and the expansion of cross-border sales operations [1][3] Company Overview - Linkage Global Inc is a holding company incorporated in the Cayman Islands, operating through subsidiaries in Japan, Hong Kong, and mainland China [4] - The company specializes in cross-border e-commerce integrated services, offering two complementary lines of business: cross-border sales and integrated e-commerce services [4]
Bombardier Advances Services Expansion as Construction of Landmark Abu Dhabi Facility Accelerates
Globenewswire· 2025-12-04 02:00
Core Insights - Bombardier is making significant progress on its new service center at Al Bateen Executive Airport, set to open in the second half of 2026, enhancing its global customer service and support network in the Middle East [1][4][5] Group 1: Facility Details - The new service center will span approximately 120,000 sq. ft., featuring a 55,000 sq. ft. hangar, a dedicated parts depot, and a full suite of maintenance services [2][4] - It will accommodate Bombardier's latest aircraft, the Global 8000, as well as the entire Learjet, Challenger, and Global families [2][4] Group 2: Employment and Economic Impact - The facility is expected to create around 100 highly skilled jobs in Abu Dhabi, reinforcing Bombardier's presence in this key financial hub [2][4] Group 3: Strategic Alignment - This development aligns with Abu Dhabi Airports' broader Masterplan to enhance the airport's position as a premier hub for business aviation [5] - Bombardier's expansion in Abu Dhabi is part of a larger global strategy to strengthen its customer support footprint and deliver world-class service [5][6] Group 4: Recent Developments - In addition to the Abu Dhabi service center, Bombardier has announced a multi-phase expansion initiative in the U.S., including a new service facility in Fort Wayne, Indiana, and a state-of-the-art paint shop at its London-Biggin Hill service center [6]
Lantronix Founder Bernhard Bruscha Donates 3.0 million shares of Lantronix Common Stock to TL Stiftung (TL Foundation)
Globenewswire· 2025-12-04 02:00
Core Insights - Lantronix Inc. announced a significant donation of 3.0 million shares of its common stock by founder Bernhard Bruscha to the TL Stiftung, a charitable foundation focused on scientific research and community well-being [1][2] - Following the donation, Bruscha retains over 2.3 million shares, indicating his ongoing commitment to the company and confidence in its future [2] Company Overview - Lantronix is a leader in Edge AI and Industrial IoT solutions, providing intelligent computing, secure connectivity, and remote management for critical applications [4] - The company serves high-growth markets such as smart cities, enterprise IT, and unmanned systems, helping clients optimize operations and accelerate digital transformation [4] - Lantronix's offerings include hardware, software, and services that support applications like secure video surveillance and resilient network management [4] TL Stiftung Overview - The TL Stiftung, founded by Bruscha in 2000, focuses on long-term projects that promote scientific research, education, and the well-being of underserved communities [3][2]
Hapbee Appoints Hasan Shahid to Board of Directors to Strengthen Capital Markets & Strategic Growth Capabilities
Globenewswire· 2025-12-04 01:16
Core Insights - Hapbee Technologies, Inc. has appointed Hasan Shahid to its Board of Directors, enhancing the company's strategic capabilities as it scales its platform and partnerships [1][4] - Hasan Shahid is the Founder and Chief Investment Officer of League Capital, a hedge fund focused on technology and alternative investments, known for exceptional performance [2] - Shahid has extensive experience in digital transformation and has founded multiple ventures, including iDream Labs, which focuses on disruptive technologies [3] Company Overview - Hapbee Technologies is a digital wellness company that utilizes patented ultra-low-frequency technology to help users optimize sleep, relaxation, mood, and performance through products like the Hapbee Neckband and Sleep Pad [5] Board Changes - The appointment of Hasan Shahid is seen as a strategic move to improve capital markets readiness and institutional partnerships, while Rachid Lassal has stepped down from the Board [4]
Columbus Circle Capital Corp I Shareholders Approve Business Combination with ProCap BTC
Globenewswire· 2025-12-04 01:07
Core Points - Columbus Circle Capital Corp I ("BRR") and ProCap BTC, LLC have announced the approval of their business combination by BRR's shareholders [1] - The business combination is expected to close on or about December 5, 2025, with the new public company to be named ProCap Financial, Inc. [2] - ProCap BTC has raised over $750 million from investors and aims to improve the financial lives of 1 billion people through its services [5] Company Overview - Columbus Circle Capital Corp I is a blank check company formed for mergers and acquisitions, led by experienced investment bankers [4] - ProCap BTC is a financial services firm leveraging bitcoin, focusing on innovative financial products [5] Transaction Details - A Current Report on Form 8-K will be filed to disclose the full voting results related to the business combination [3] - The new company's common stock is expected to trade on the Nasdaq Global Market under the symbol "BRR" after the transaction closes [2]
NovaBridge Announces Presentation of Ragistomig Expanded Phase 1 Data at ESMO-IO
Globenewswire· 2025-12-04 00:30
Core Insights - NovaBridge Biosciences announced new data from the expanded Phase 1 dosing study for ragistomig, a bispecific antibody targeting 4-1BB and PD-L1, to be presented at ESMO-IO 2025 [1][2] - The study successfully extended the therapeutic window for ragistomig, demonstrating strong anti-tumor efficacy and improved tolerability, including enhanced hepatic safety [2][3] - Ragistomig aims to provide new treatment options for patients resistant to checkpoint inhibitors, a significant drug class in cancer therapy [3][5] Company Overview - NovaBridge is a global biotechnology platform focused on accelerating access to innovative medicines, combining business development expertise with clinical development [8] - The company is developing a differentiated pipeline, including ragistomig and givastomig, targeting various cancers and conditions [8][9] - Ragistomig is being developed in collaboration with ABL Bio, utilizing advanced bispecific antibody technology to minimize off-tumor toxicity [5][6] Clinical Study Details - The Phase 1 study of ragistomig is ongoing in the U.S. and South Korea, with a primary focus on defining dose-limiting toxicity and adverse event profiles [5][6] - The new dosing schedule, Q6W, has shown promising results in PD-L1 non-responders, balancing safety and sustained efficacy [6][7] - Interim results, including immunological data, are expected to be presented at the upcoming ESMO-IO meeting [6][7]
Regentis Biomaterials Ltd. Announces Pricing of Initial Public Offering
Globenewswire· 2025-12-04 00:23
Core Points - Regentis Biomaterials Ltd. has announced the pricing of its initial public offering (IPO) of 1,250,000 ordinary shares at $8.00 per share, aiming for gross proceeds of $10 million before expenses [1][3] - The ordinary shares are set to begin trading on the NYSE American under the symbol "RGNT" on December 4, 2025, with the offering expected to close around December 5, 2025 [2] - The company plans to utilize the net proceeds primarily for development activities, including completing its pivotal trial and preparing for PMA submission for its product GerlinC, as well as for corporate purposes such as debt repayment [3] Company Overview - Regentis Biomaterials Ltd. focuses on regenerative medicine, specifically developing innovative tissue repair solutions to enhance patient health and quality of life [6] - The company's lead product, GelrinC, is a cell-free hydrogel designed for treating articular knee cartilage injuries and has received CE mark approval in Europe [6] - Regentis aims to commercialize GelrinC in Europe while also working towards obtaining FDA approval in the United States [6]
Monument Announces First 16 Drill Hole Results Of Selinsing Mine Expansion Drilling Program
Globenewswire· 2025-12-04 00:21
Core Viewpoint - Monument Mining Limited has announced positive initial results from its expansion drilling program at the Selinsing Gold Mine, indicating potential for increased gold resources and an extended mine life [1][2][8]. Drilling Program Overview - The Buffalo Reef/Felda mine expansion drilling program consists of 118 planned drill holes totaling 17,477 meters, with 109 holes for 15,377 meters at Buffalo Reef and 9 holes for 2,100 meters at Selinsing [7][36]. - The first 27 drill holes have been completed, totaling 2,952 meters, with assay results for 16 holes received and 11 pending [3][15]. Significant Assay Results - Notable assay results include: - MBRRC579: 22m @ 0.86g/t Au from 2m, including 1m @ 1.41g/t Au from 2m and 6m @ 1.9g/t Au from 8m [6][33]. - MBRRCDD01: 5m @ 2.01g/t Au & 0.47% Sb from 149m and 1m @ 1.14g/t Au & 0.2% Sb from 160m [34][51]. - MBRDD600: 4m @ 3.42g/t Au & 0.49% Sb from 55m [34][51]. Expansion Drilling Objectives - The objective of the expansion drilling is to increase gold resources and potentially extend the life of the Selinsing Gold Mine [2][9]. - The Buffalo Reef/Felda expansion target area covers 115 acres, aiming to evaluate the potential to extend currently defined mineral resources [2][17]. Budget and Timeline - The company has budgeted USD $2.5 million for the completion of both expansion drilling programs, targeting full completion by the end of June 2026 [8][43]. - The mine expansion drilling is expected to be completed by March 2026, with final assay results anticipated by the end of June 2026 [8][43]. Current Progress and Future Plans - The drilling program has been accelerated with the addition of two diamond drilling rigs to meet the schedule [16][27]. - An updated geological model and resource estimate are expected to be completed by October 2026 [16][43]. Selinsing Mine Expansion Drilling - The Selinsing mine expansion drilling program consists of 9 drill holes for 2,100 meters, with Stage 1 testing high-grade depth extensions and Stage 2 focusing on dip and strike extensions outside the expanded pit shell [36][41][42].