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Kyivstar Group Ltd. Announces Pricing of Secondary Offering of Common Shares
Globenewswire· 2026-01-30 02:06
Core Viewpoint - Kyivstar Group Ltd. announced the pricing of a public offering of 12,500,000 common shares at a price of USD 10.50 per share, with the offering expected to close on February 2, 2026 [1][2]. Group 1: Offering Details - The offering is conducted by VEON Amsterdam B.V. and other selling shareholders, with Kyivstar not selling any shares [1]. - The underwriters have a 30-day option to purchase an additional 1,875,000 common shares at the public offering price [1]. - The offering is subject to customary closing conditions and is being managed by Morgan Stanley, Barclays, Cantor, and Rothschild & Co [2]. Group 2: Company Background - Kyivstar Group Ltd. is a Nasdaq-listed holding company and operates JSC Kyivstar, which is Ukraine's leading digital operator [5]. - The company provides a wide range of services including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [5]. - Together with VEON, Kyivstar plans to invest USD 1 billion in Ukraine from 2023 to 2027 for infrastructure and technological development [6].
Kaiyi Auto Exports Surge 233% in 2025, Leading Chinese Brands in Overseas Growth
Globenewswire· 2026-01-30 02:00
Core Insights - Kaiyi Auto achieved a remarkable 233% year-on-year increase in export sales in 2025, ranking among the fastest-growing Chinese automotive exporters [1][7] - The brand has climbed six places in global rankings, now operating in 54 countries and regions with over 400,000 users worldwide [1] - Kaiyi aims to reach annual global sales of 1 million vehicles by 2030 [1][9] Future Product Plans - Kaiyi will launch eight new models globally in the next five years, including three SUVs covering B, C, and D segments from 2026 to 2027, featuring ICE, PHEV, and BEV powertrains [5] - Between 2028 and 2030, four to five additional models will follow, including a C-segment sedan, A and E-segment SUVs, and an MPV, all equipped with advanced autonomous driving and Internet of Vehicles (IoV) [5][6] - The product lineup will become more refined, achieving a diversified and comprehensive portfolio across all segments [6] Global Expansion Strategy - Kaiyi plans to operate 6 CKD factories, 13 SKD factories, 5 regional spare parts centers, and over 1,000 service outlets worldwide in the coming years [8] - The company is laying a solid foundation for future expansion through product launches, channel development, and localized testing in multiple countries, including Egypt, Kazakhstan, and Panama [7] - Leveraging its extensive future product plans and rapidly growing global brand influence, Kaiyi is advancing toward its 2030 goal of 1 million annual sales worldwide [9]
M EVO GLOBAL ACQUISITION CORP II Announces Pricing of Upsized $270 Million Initial Public Offering
Globenewswire· 2026-01-30 01:43
Company Overview - M Evo Global Acquisition Corp II is a special purpose acquisition company (SPAC) formed to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses [2] - The company intends to focus its search on businesses in the critical minerals sector, which are essential to the economic and national security interests of the United States [2] Initial Public Offering (IPO) Details - The company priced its initial public offering at $10.00 per unit, raising a total of $270 million by offering 27,000,000 units, up from the originally planned 22,500,000 units [1] - The units will be listed on the Nasdaq Global Market under the ticker symbol "MEVOU" starting January 30, 2026, with the offering expected to close on February 2, 2026, subject to customary closing conditions [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant allowing the purchase of one Class A ordinary share at a price of $11.50 per share [1] Underwriting and Prospectus Information - Cohen & Company Capital Markets is acting as the book-running manager and lead underwriter for the offering, with an option to purchase an additional 3,000,000 units to cover over-allotments [3] - The offering is being made only by means of a prospectus, which will be available through Cohen & Company Capital Markets or the SEC's website [4]
Muzero Acquisition Corp Announces the Pricing of $175 Million Initial Public Offering
Globenewswire· 2026-01-30 01:25
Group 1 - The Company, Muzero Acquisition Corp, has announced the pricing of its initial public offering (IPO) of 17,500,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of a redeemable warrant [1] - The IPO is expected to close on February 2, 2026, subject to customary closing conditions, and the underwriter has a 45-day option to purchase an additional 2,625,000 units to cover over-allotments [3] - The Company is a special purpose acquisition company (SPAC) focused on effecting a business combination with technology-enabled companies across any industry [6] Group 2 - The management team is led by CEO Von Lam and CFO Yuming Zou, supported by a board of directors with extensive industry and capital markets expertise [2] - BTIG, LLC is acting as the sole book-running manager for the offering [2] - A registration statement for the IPO was declared effective by the U.S. Securities and Exchange Commission (SEC) on January 29, 2026 [4]
Global Launch of iCAUR V27 in Dubai: The Classic New-Energy Boxy SUV Sets Off on Its Worldwide Journey!
Globenewswire· 2026-01-30 01:11
Core Insights - Chery Group's new energy vehicle brand iCAUR is set to globally launch its mid-to-large all-round hybrid SUV, the iCAUR V27, on February 8th, 2026, in Dubai, marking its entry into the Middle East market [1][3] Product Development - The iCAUR V27 has undergone rigorous testing, with over 1,000 test vehicles deployed globally, completing more than 50 comprehensive test programs and exceeding 1 million kilometers in durability testing [5] - The V27 features a boxy body over 5 meters long, classic round headlights, and a spacious interior with a "Stellar Cockpit" concept, including a dual panoramic sunroof and a 2,900mm wheelbase for a comfortable five-seat layout [7] Performance and Technology - The V27 is powered by the Golden REEV (Range-Extended Electric Vehicle) technology, offering over 150 kilometers of pure electric range and more than 1,000 kilometers of combined range, catering to various driving needs [7] - The vehicle includes 39 pre-installed ecosystem ports and a range of upgrade accessories, enhancing the user experience and lifestyle [9] Market Strategy - Following the Dubai launch, the V27 is expected to be introduced in additional countries and regions throughout the year, providing a new choice for consumers seeking a classic, new-energy boxy SUV [10]
Bodor Laser Introduces the “Extreme Speed” Concept in Tube Processing, Launches the SK Series High-Speed Tube Laser Cutting Machine
Globenewswire· 2026-01-30 00:53
Core Insights - Bodor Laser has launched the SK Series High-Speed Tube Laser Cutting Machine, introducing the "Extreme Speed" concept aimed at enhancing manufacturing efficiency through high-speed performance, structural stability, and intelligent automation [1] Group 1: Product Features - The SK Series operates reliably at high speeds, achieving a maximum acceleration of 2.7G and a rotational speed of 260 r/min, with rapid tube positioning in 2.5 seconds [2] - The laser head Z-axis speed reaches up to 60 m/min, utilizing an upgraded adaptive following algorithm for fast and accurate height adjustments during cutting [3] - The proprietary arch-bridge structure of the SK Series ensures stability at high speeds, optimizing force distribution and improving mechanical balance [4] Group 2: Efficiency Improvements - The system achieves up to 1.8 times higher processing efficiency at 2.7G compared to 1G operations [2] - The integration of an AI-based intelligent nesting system enhances cutting efficiency by up to 30% and improves material utilization, leading to annual savings of over 1,000 tubes [6] - Overall processing efficiency is increased by more than 20% due to simultaneous loading and cutting, reducing tube loading time to approximately 8 seconds [3] Group 3: Advanced Manufacturing Adaptability - Optional configurations such as zero-tail cutting, bevel cutting, and loading/unloading support allow the SK Series to meet diverse advanced manufacturing needs [7] - The front-chuck over-travel technology enables dual-chuck clamping for long tubes, improving positioning accuracy by over 20% compared to the previous generation [5]
FireFly set to capitalise on strong copper outlook with economic studies underway
Globenewswire· 2026-01-30 00:22
Core Insights - FireFly Metals Ltd is advancing its Green Bay Copper-Gold Project, with a Preliminary Economic Assessment (PEA) expected to be completed in the June 2026 quarter, highlighting the project's world-scale resource potential [1][3][25]. Financial Overview - The company successfully raised approximately A$139 million in equity, which will support ongoing exploration and economic studies [4][40]. - As of December 31, 2025, FireFly had A$250.9 million in cash and liquid investments, positioning it well for aggressive drilling and development activities [3][39]. Mineral Resource Update - The total Mineral Resource at Green Bay has increased to 50.4 million tonnes (Mt) at 2.0% Copper Equivalent (CuEq) in the Measured & Indicated (M&I) categories, and 29.3 Mt at 2.5% CuEq in the Inferred category, marking a 51% increase from the previous estimate [5][7][12]. - Contained copper in the M&I category rose to 863,000 tonnes, a 113% increase, while contained gold increased to 546,000 ounces, a 174% increase [5][12]. Drilling and Exploration Progress - FireFly has completed approximately 147,000 meters of underground diamond drilling, confirming the continuity and strength of high-grade mineralization at depth [16][17]. - Exceptional drilling results include a notable intercept of 49.0 meters at 6.1% CuEq, indicating strong mineralization potential [22]. Project Development and Studies - Preparations for the resumption of mining at the Ming Mine are underway, with engineering and economic analysis ongoing to support the PEA [25][28]. - The company is also exploring funding options with potential offtake customers and export credit agencies, showing strong interest in the Green Bay concentrate [28]. Regional Exploration - FireFly is actively exploring its extensive 346 km² land package at Green Bay, with two surface drill rigs operational during the quarter [30][31]. Corporate Governance - Leanne Heywood was appointed as an Independent Non-Executive Director, bringing significant experience in the mining sector [42][44].
authID and MajorKey Selected by Global Retailer to Deliver High-Assurance Identity Onboarding and Privileged Access Protection
Globenewswire· 2026-01-29 23:55
New customer win underscores authID’s leadership in workforce verification and stopping AI-driven hiring fraud across global enterprises Denver, Jan. 29, 2026 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced that a global retailer of personal care products with more than $6B in annual sales has selected authID and technology partner MajorKey, an identity security organization and certified Microsoft services prov ...
Hampton Closes Previously Announced Issue of Shares for Debt
Globenewswire· 2026-01-29 23:31
Core Viewpoint - Hampton Financial Corporation has successfully closed the issuance of shares to settle debt obligations, which is expected to strengthen its balance sheet and reduce operational funding costs, positively impacting 2026 results [1] Group 1: Financial Actions - The company issued 10,528,141 subordinate voting shares to debenture holders to settle obligations under debentures totaling $4 million and a quarterly interest payment of approximately $5.2 million [1] - The shares are subject to a hold period of four months and one day, expiring on May 30, 2026 [1] Group 2: Company Overview - Hampton Financial Corporation is a private equity firm focused on building shareholder value through long-term strategic investments [2] - The company operates through its subsidiary, Hampton Securities Limited, which provides a range of services including family office, wealth management, institutional services, and capital markets activities [3] Group 3: Business Operations - Hampton Securities Limited is a full-service investment dealer regulated by CIRO and registered in multiple Canadian provinces [3] - The company offers investment banking services, including capital raising, mergers and acquisitions advisory, and assistance with listings on recognized securities exchanges [3] - Through its subsidiary, Oxygen Working Capital, the company provides factoring and commercial financing services across Canada [4]
Newbridge Acquisition Limited Announces Pricing of $50 Million Initial Public Offering
Globenewswire· 2026-01-29 23:00
HONG KONG, CHINA, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Newbridge Acquisition Limited (NASDAQ: NBRG) (the "Company") announced today that it priced its initial public offering of 5,000,000 units at $10.00 per unit. The units are expected to be listed on the NASDAQ Capital Market ("NASDAQ") and trade under the ticker symbol "NBRGU" beginning January 30, 2026. Each unit consists of one Class A ordinary share and one right. Each right entitles the holder thereof to receive one-eighth (1/8) of one Class A ordinary ...