WTW launches Rewards AI, providing compensation intelligence with generative AI
Globenewswire· 2026-02-02 14:37
Core Insights - WTW has launched Rewards AI, a Generative AI-enabled software aimed at transforming HR and compensation professionals' access to rewards data, enhancing decision-making clarity and efficiency [1][3] Group 1: Product Features - Rewards AI combines WTW's data integrity with advanced AI technology, offering a "human-led, machine-powered" approach to simplify workflows and accelerate insight discovery [2][3] - The software features a conversational interface that allows users to ask questions in natural language, providing instant and tailored responses to complex rewards data [3] - Transparency is a key feature, with all recommendations traceable to their sources, fostering trust and eliminating guesswork in compensation planning [4] Group 2: Market Relevance - The ability to quickly understand and respond to compensation trends is crucial in today's dynamic market, and Rewards AI provides a transparent and intuitive method for exploring rewards data [5] - The solution empowers organizations to make informed, strategic decisions based on reliable information, moving beyond surface-level insights [5]
Limitless X Holdings Announces Binding LOI to Acquire Controlling Stake in Instacart-Integrated AI Meal Planning and Smart Shopping Platform DING
Globenewswire· 2026-02-02 14:35
Core Insights - Limitless X Holdings Inc. announced a binding Letter of Intent to acquire a controlling equity interest in Ding Easy AI LLC, an AI-powered nutrition and wellness platform integrated with Instacart [1][2] Transaction Overview - BodyCor intends to acquire 60% of the fully diluted equity of DING through a stock-for-stock transaction, valuing DING at a pre-money enterprise value of $15 million [7] - DING equity holders are expected to receive restricted common shares of Limitless X Holdings Inc. with an aggregate target value of $9 million [8] - BodyCor may provide up to $1.75 million in growth capital to support platform development, tied to defined budgets and performance milestones [10] Strategic Importance - The integration with Instacart is central to DING's strategy, leveraging established infrastructure and consumer familiarity to enhance user experience [5] - BodyCor will obtain governance rights consistent with a controlling equity position, including board representation and approval rights over material actions [11] Platform Functionality - DING simplifies healthy living by providing personalized meal and nutrition guidance, converting insights into shoppable outcomes through Instacart [3][4] - The platform aims to remove friction points in nutrition planning, aligning personalized guidance with immediate access to groceries [4] Strategic Vision - The acquisition reflects a broader strategy of building technology-enabled wellness platforms that integrate seamlessly into consumer behavior [12] - The CEO emphasized that DING bridges the gap between knowing what to eat and actual execution, potentially improving food and health approaches [12] Company Background - Limitless X Holdings, Inc. is focused on creating a high-growth ecosystem in health, wellness, and lifestyle innovation through its direct-to-consumer eCommerce platform [13]
Visionary Holdings Inc. Regains Compliance with Nasdaq Periodic Filing Requirement
Globenewswire· 2026-02-02 14:30
Core Viewpoint - Visionary Holdings Inc. has regained compliance with Nasdaq Listing Rule 5250(c)(1) following the filing of its Annual Report on Form 20-F for the fiscal year ended March 31, 2025 [1][3]. Group 1: Compliance and Reporting - The company was previously notified by Nasdaq on August 5, 2025, regarding non-compliance due to the delayed filing of its Annual Report [2]. - The filing of Form 20-F on January 28, 2026, led to Nasdaq confirming the company's compliance with listing requirements [3]. - Nasdaq informed the company on January 29, 2026, that the compliance matter is now closed [3]. Group 2: Company Overview - Visionary Holdings Inc. is a technology-driven multinational enterprise listed on Nasdaq, focusing on innovative education, AI applications, and high-tech healthcare solutions [4]. - The company is headquartered in Toronto, Canada, and operates through subsidiaries across North America and Asia [4].
Information on share capital and voting rights - January 2026
Globenewswire· 2026-02-02 14:30
Group 1 - The total number of shares for Nexans S.A. as of January 31, 2026, is 43,744,779, which corresponds to the same number of voting rights [2] - The exercisable voting rights amount to 43,646,845, indicating a slight difference due to treasury shares stripped of voting rights [2] - Nexans' articles of association require shareholders to declare when their holdings cross thresholds of 2% of the share capital or voting rights, with notifications required within fifteen days [4]
Wrap Raises $5 Million to Restart Manufacturing
Globenewswire· 2026-02-02 14:25
Core Viewpoint - Wrap Technologies, Inc. is focusing on enhancing its non-lethal response solutions through a $5 million private placement aimed at restarting domestic manufacturing, advancing R&D programs, and accelerating growth initiatives in response to rising demand for non-lethal capabilities [1][9]. Market Opportunity - The company is transitioning from a single-device model to an integrated response platform that combines technology, training, and policy, which is expected to broaden its addressable market across various government and private sectors [2]. Manufacturing Restart and Quality Controls - Wrap is resuming domestic manufacturing with a strong emphasis on quality control, including the return of experienced personnel and the reimplementation of rigorous inspection and testing processes to ensure high reliability [4]. Training Expansion and Operational Readiness - The company is increasing its domestic training capacity through a tiered model that includes lead instructors and hybrid delivery methods, focusing on operational integration and scenario-based readiness for effective deployment of non-lethal tools [5]. Research and Development and Product Commercialization - Recent R&D initiatives are entering final validation stages, with additional capital needed to commercialize next-generation systems and technologies aimed at providing low-collateral, non-lethal options [6]. Federal and International Expansion - Investments are expected to support the growth of Wrap Federal, targeting U.S. government agencies and allied operations that require non-lethal solutions, with a focus on improving outcomes through early intervention [7]. Leadership Commentary - The CEO emphasized the importance of adding resources to accelerate growth in manufacturing, quality control, marketing, and R&D, aiming to bring proven concepts to market while restoring manufacturing excellence [8].
AleAnna Development Plan Aligns With European Union Declaration on Russian Gas Phase-Out and Strengthens Italy’s Energy Security
Globenewswire· 2026-02-02 14:20
Core Insights - AleAnna's development plan is aligned with the European Union's strategy to phase out Russian natural gas imports, emphasizing the need for secure domestic energy sources in Italy [2][4][7] Group 1: Company Overview - AleAnna is focused on redeveloping Italy's onshore natural gas system and building a renewable natural gas (RNG) platform, controlling approximately 140,000 acres of 3D seismic data and 2.7 million acres of oil and gas concessions in Italy [6][9] - The company has drilled seven wells, including five at the Longanesi Field, which is Italy's largest onshore natural gas discovery in over two decades [9] Group 2: Development Plan Objectives - The plan aims to strengthen domestic Italian gas production in response to the EU's phase-out of Russian gas imports, reducing reliance on external suppliers [8] - AleAnna's projects are designed to enhance system resilience and price stability by adding secure domestic gas volumes during Europe's supply rebalancing [8] Group 3: Strategic Importance - The European Commission's regulation creates a policy-driven requirement for secure domestic supply, which AleAnna's development plan addresses through infrastructure-adjacent projects [7] - AleAnna's strategy supports energy sovereignty while adhering to responsible operational and environmental standards, aligning with EU policy objectives for RNG penetration by 2030 [8][9]
Forbes Features SemiCab’s AI Platform as Key to Reducing Hidden Costs in Food Supply Chains
Globenewswire· 2026-02-02 14:15
Core Insights - Algorhythm Holdings, Inc. and its SemiCab platform were highlighted in a Forbes article discussing freight inefficiency and its effects on food costs and global supply chain economics [1][2] Industry Insights - Approximately one-third of global freight miles are driven empty, resulting in nearly 33% systemic waste in food distribution networks, similar to airlines operating one out of every three flights without passengers [2][3] - The inefficiency of empty freight trucks contributes significantly to transportation costs, which are ultimately reflected in food prices [3][4] - Transportation is crucial for food distribution, with freight trucks moving the majority of agricultural goods and impacting retail food prices [4] Company Insights - SemiCab's AI-driven platform aims to reduce waste and improve efficiency in logistics, addressing the hidden costs associated with empty miles in global supply chains [4][5] - The platform treats freight transport as a continuous network, optimizing millions of freight loads across a vast truck network to reduce empty miles [5] - Algorhythm Holdings focuses on the growth of SemiCab, which has enabled major retailers and transportation providers to tackle common supply chain issues since 2020 [6]
Maris-Tech Advances Edge AI Capabilities in the Expanding Space Economy with Key Technology Achievement
Globenewswire· 2026-02-02 14:15
Industry Overview - The global satellite market is projected to grow significantly, reaching $108 billion by 2035, with optimistic estimates suggesting it could expand to $457 billion [1] - The growth is driven by private-sector initiatives deploying low-Earth orbit fleets for broadband, high-resolution imaging, and enhanced situational awareness [2] Company Positioning - Maris-Tech Ltd. is a leader in video and AI-based edge computing technology, focusing on the commercial space sector [1][6] - The company specializes in edge AI-accelerated video streaming and processing solutions tailored for resource-constrained platforms across various applications, including land, sea, air, and space [3] Technological Advancements - Maris-Tech has achieved a significant milestone by transitioning to active hardware testing and integration of its advanced payload, demonstrating high-performance edge computing and video processing in orbit [4] - The company's technologies include miniature, lightweight, low-power systems capable of multi-stream video encoding, ultra-low-latency transmission, and onboard AI capabilities [3] Strategic Opportunities - The commercial space sector presents a diversification opportunity for Maris-Tech, leveraging its strengths in defense situational awareness and unmanned systems through strategic partnerships [5] - The company emphasizes its established collaborations and flight-proven technology to meet the industry's growing demand for intelligent, autonomous on-orbit processing [5]
Lassila & Tikanoja Plc: Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act
Globenewswire· 2026-02-02 14:15
Shareholding Change - Protector Forsikring ASA's shareholding in Lassila & Tikanoja decreased below 5 percent, reaching 4.4127 percent as of January 29, 2026 [1][2] - The direct holding of Protector Forsikring ASA is now 1,686,182 shares and votes, which corresponds to 4.4127 percent of the total shares and voting rights [1][3] Previous Shareholding - The previous notification indicated that Protector Forsikring ASA held 5.0002 percent of shares and voting rights prior to this change [2][3] Company Overview - Lassila & Tikanoja is a leading Nordic circular economy company focused on waste management, recycling, hazardous waste services, and water treatment [5] - The company aims to promote sustainable material use and transform waste into valuable raw materials, employing approximately 2,300 people in Finland and Sweden [5]
VivoPower International PLC Announces Termination of At-the-Market (ATM) Equity Offering Agreement
Globenewswire· 2026-02-02 14:15
Core Insights - VivoPower International PLC has terminated its "at-the-market" equity offering agreement with Chardan Capital Markets, indicating a strategic shift in capital raising approach [1][2][3] Company Overview - VivoPower is a B Corp-certified global developer and owner of powered land and data center infrastructure for AI compute applications, with operations spanning the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [4] - The company focuses on developing, building, and owning low-cost, sustainable powered infrastructure, particularly for AI use cases, and is scaling up its power to X strategy [4] - VivoPower has three additional business units: Tembo, Caret Digital, and Vivo Federation, which are in the process of being spun out or divested [4] Financial Strategy - The decision to terminate the ATM facility was based on a review of the company's cash flow outlook, capital requirements, and alternative non-dilutive sources of capital [3] - Management believes that current and projected cash flow from operations, along with non-dilutive funding sources, eliminate the need for raising capital through the ATM agreement [3]