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Tims China Announces Issuance of Senior Secured Convertible Notes and Amendment to Existing Convertible Notes
Globenewswire· 2025-11-01 03:33
Core Viewpoint - TH International Limited, the exclusive master franchisee of Tim Hortons in China, has announced a definitive agreement for the issuance of Senior Secured Convertible Notes and amendments to existing unsecured convertible notes [1][4]. Transaction Overview - Tims China will issue senior secured convertible notes due September 2029 with an aggregate principal amount of approximately US$89.9 million [2]. - Proceeds from the new secured notes will be partially used to repurchase all outstanding amounts due under its variable rate convertible senior notes due 2026 [2]. Terms of New Secured Notes - The new secured notes will be convertible into newly issued ordinary shares of Tims China at a price equal to 110% of the five-day volume-weighted average share price prior to signing [3]. - The notes are secured by a pledge of 100% of the shares of TH Hong Kong International Limited and an all-asset debenture of Tims China [3]. Amendments to Existing Notes - Tim Hortons Restaurants International GmbH and Cartesian Capital Group have agreed to extend the maturity of their 2024 unsecured convertible notes from June 2027 to September 2029, with the conversion price reset to align with the new secured notes [4]. Approval and Closing - The transaction has been approved by the board of directors and is expected to close in the fourth quarter of 2025, pending customary closing conditions and regulatory approvals in China [4]. Additional Information - Further details regarding these transactions will be provided in a Form 6-K to be filed with the U.S. Securities and Exchange Commission by October 31, 2025 [5].
Li Auto Inc. October 2025 Delivery Update
Globenewswire· 2025-11-01 02:00
Core Insights - Li Auto Inc. delivered 31,767 vehicles in October 2025, bringing cumulative deliveries to 1,462,788 as of October 31, 2025 [1] - The Li i6 model has received over 70,000 orders since its launch, prompting the company to enhance delivery capabilities [2] - Li Auto is expanding globally, having opened its first overseas retail store in Uzbekistan and planning additional stores in Kazakhstan [2] Company Operations - As of October 31, 2025, Li Auto operates 551 retail stores across 157 cities, 554 servicing centers, and authorized body and paint shops in 225 cities [3] - The company has established 3,508 supercharging stations with 19,417 charging stalls in China [3] Product and Technology - Li Auto is a leader in China's new energy vehicle market, focusing on premium smart electric vehicles and extended-range electric vehicles [4] - The company aims to create a mobile home experience through innovative products and technology, with a current lineup that includes multiple models of extended-range electric SUVs and battery electric SUVs [4]
Bluesky Digital Assets Announces Corporate Updates and Provides Corrective Disclosure
Globenewswire· 2025-11-01 01:09
Core Viewpoint - Bluesky Digital Assets Corp. announced corrective disclosures regarding its private placement offering, including details on the issuance of units and associated warrants, as well as the intended use of proceeds for AI development and online gaming [1][10]. Offering Details - The Corporation aimed to complete a non-brokered private placement of up to 8,333,333 units at C$0.12 per unit, targeting gross proceeds of up to C$1,000,000 [1]. - Each unit consists of one common share and one warrant, with warrants allowing the purchase of additional shares at C$0.15 for 24 months [1]. - Eligible finders were to receive an 8% cash fee and non-transferable finder's warrants, also allowing the purchase of shares at C$0.15 for two years [2]. Tranche Closures - The initial tranche closed on July 14, 2025, with 1,750,000 units issued for approximately C$210,000, and 100,000 finder's warrants issued [4]. - The second tranche, effective July 14, 2025, issued 833,333 units for gross proceeds of approximately C$100,000, with no finder's fees paid [6]. - The final tranche closed on August 15, 2025, issuing 2,199,999 units for gross proceeds of approximately C$264,000, also with no finder's fees [9]. Financial Summary - The total gross proceeds from the offering amounted to approximately C$574,000 through the issuance of 4,783,333 units, with finders receiving C$12,000 in cash and 100,000 finder's warrants [10]. - The net proceeds from all tranches are intended to advance the Corporation's AI development and online gaming initiatives, as well as for general working capital [5][7][10]. Company Overview - Bluesky Digital Assets Corp. operates at the intersection of AI, Blockchain, and Web3 business solutions, leveraging proprietary technology to support businesses in adopting emerging technologies [13].
ThreeD Capital Inc. Issues Early Warning Report in Connection With The Acquisition of Securities of infinitii ai inc.
Globenewswire· 2025-11-01 00:44
Core Insights - ThreeD Capital Inc. completed a convertible debenture offering in October 2025, acquiring ownership and control of unsecured convertible debentures of infinitii ai inc., which can be converted into 5,000,000 units of the company [1] - Following the acquisition, the ownership percentage of ThreeD and the Joint Actor increased by more than 2% on a partially diluted basis [1] Summary by Sections Acquisition Details - The acquisition involved the purchase of unsecured convertible debentures, which are convertible into units consisting of common shares and warrants [1] - The total consideration for the Subject Debentures was $250,000 [4] Ownership Structure - Prior to the acquisition, ThreeD and the Joint Actor owned 1,000,000 common share purchase warrants, 1,000,000 stock options, and convertible debentures allowing them to acquire 16,665,400 common shares, representing approximately 20.2% on a partially diluted basis [2] - After the acquisition, their total holdings increased to 21,665,400 common shares and warrants, representing approximately 24.5% on a partially diluted basis [3] Company Profile - ThreeD Capital Inc. is a Canadian-based venture capital firm focused on opportunistic investments in junior resources and disruptive technologies [5] - The firm aims to invest in early-stage companies globally, providing advisory services and access to its ecosystem [5]
Humanoid Global Announces Advertising Agreements
Globenewswire· 2025-11-01 00:00
Core Insights - Humanoid Global Holdings Corp. has entered into a 12-month advertising agreement with Gold Standard Media, LLC for a total payment of US$400,000, effective from October 31, 2025 [1] - The company has extended its agreement with Investor Insights Systems Inc. for an additional three months, with a fee of US$300,000 plus GST/HST for digital marketing services [2] - During the fiscal year, the company generated gross proceeds of $74,425 from the sale of certain investments and received $420,000 from the exercise of previously issued warrants [2] Company Overview - Humanoid Global Holdings Corp. is a publicly traded investment issuer focused on building a portfolio in the humanoid robotics and embodied AI sector, providing liquidity and access to an actively managed portfolio [3] - The company aims to accelerate the growth of pioneering companies in this emerging ecosystem, offering capital and strategic consultation on various aspects including go-to-market strategies and regulatory pathways [3]
Quantum BioPharma Ltd. Provides Corporate Update
Globenewswire· 2025-10-31 23:51
TORONTO, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) (FRA: 0K9A) (“Quantum” or the “Company”), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, is pleased to announce that pursuant to the entry into its previously announced at the market offering agreement (the “ATM Agreement”) with H.C. Wainwright & Co., LLC (“Wainwright”) on February 16, 2024, announces today, the Company at its discretion may offer and sell, ...
South Star Announces Closing of Second Tranche of Non-Brokered Private Placement of Units
Globenewswire· 2025-10-31 23:05
- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES - VANCOUVER, British Columbia, Oct. 31, 2025 (GLOBE NEWSWIRE) -- South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF) is pleased to announce that, further to its news releases dated September 30, 2025 and October 10, 2025, it has closed the second tranche of its previously announced non-brokered private placement of units (the “Unit Offering”), issuing 16,214,234 units (the “Units”) at a pric ...
Lithium Ionic Files NI 43-101 Technical Report for the Updated Bandeira Lithium Project Feasibility Study
Globenewswire· 2025-10-31 22:30
Core Viewpoint - Lithium Ionic Corp. has filed an independent NI 43-101 compliant technical report for the Bandeira Lithium Project, indicating progress in the project's development and feasibility study [1][2]. Group 1: Technical Report Details - The 2025 Bandeira Technical Report was prepared by qualified consulting groups RTEK, GE21, and L&M, ensuring compliance with National Instrument 43-101 standards [2]. - The report is available on the company's website and SEDAR+ for public access [2]. Group 2: Qualified Persons - A list of Qualified Persons (QPs) who contributed to the report is provided, confirming their independence and expertise in the field [3][4]. - Each QP has reviewed and approved the contents of the news release, ensuring accuracy and reliability [3]. Group 3: Compensation and Agreements - The company issued 7,430,305 common shares to RTEK as compensation for technical and strategic advisory services related to the feasibility study [5]. - This issuance has received approval from the TSX Venture Exchange, indicating regulatory compliance [5]. Group 4: Company Overview - Lithium Ionic Corp. is a Canadian mining company focused on exploring and developing lithium properties in Brazil, particularly in the Minas Gerais state [6]. - The company's flagship projects, Itinga and Salinas, cover 11,684 hectares in a region recognized as a world-class hard-rock lithium district [6].
Datavault AI Issues Formal Response to Wolfpack Research’s Malicious Short Report; Company Affirms the Strength of Its Intellectual Property, Leadership, and Strategic Direction
Globenewswire· 2025-10-31 22:19
Core Viewpoint - Datavault AI strongly condemns the recent short report issued by Wolfpack Research, claiming it contains false and defamatory statements aimed at manipulating the company's stock for financial gain [1][2][3]. Group 1: Allegations Against Wolfpack Research - The Wolfpack Research report is characterized as self-serving and malicious, lacking factual foundation and causing reputational harm to Datavault AI and its shareholders [1][2]. - The company intends to pursue legal action against Wolfpack Research to hold them accountable for their conduct and protect shareholder rights [3][4]. Group 2: Legal Actions and Counsel - Datavault AI has engaged legal counsel from Paul Hastings LLP and Dickinson Wright PLLC to strategize litigation and regulatory actions against Wolfpack Research [4]. - The company aims to outline the false statements made in the report in a lawsuit, which will also serve as a roadmap for federal enforcement authorities [5]. Group 3: Intellectual Property and Strategic Value - Datavault AI's value is anchored in a robust intellectual property portfolio, comprising over 70 patents related to AI-driven data valuation, blockchain tokenization, and enterprise data monetization systems [6][7]. - The company emphasizes that its strategy is based on intellectual property and execution rather than speculation, highlighting the value created across various industries [7]. Group 4: Leadership and Background - Nathaniel T. Bradley, the CEO of Datavault AI, has a significant background in mobile marketing, audio processing, AI, and data monetization, with a history of founding successful companies [8][9][10]. - Under Bradley's leadership, Datavault AI has developed innovations in AI data valuation and blockchain technology for real-world asset tokenization [10]. Group 5: Recent Successes and Milestones - Datavault AI has formed strategic alliances, completed acquisitions, launched new products, and clarified corporate governance practices to enhance investor visibility and operational capabilities [14].
Grupo Aeroportuario del Pacifico Provides Update on Operations in Montego Bay Following Hurricane Melissa
Globenewswire· 2025-10-31 22:13
GUADALAJARA, Mexico, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) reports that, after the passage of Hurricane Melissa through Jamaica, Montego Bay International Airport resumed operations yesterday, October 30, at 4 p.m. (local time) for evacuation flights and humanitarian aid. At this time, the necessary work is being carried out to restore essential airport infrastructure and services, as well as the assessment of the da ...