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UAE Investment Institution Acquires Strategic Stake in NWTN to Advance "We the UAE 2031" Vision
Prnewswire· 2025-07-16 14:05
DUBAI, UAE, July 16, 2025 /PRNewswire/ -- NWTN Inc. ("NWTN" or the "Company") (Nasdaq: NWTN), a UAE-based NASDAQ-listed company, today announced execution of an agreement with SEET LLC ("SEET"), a subsidiary of Medad Holding, a leading investment institution in the UAE. This agreement marks a new phase in NWTN's strategic transformation toward "Smart Mobility, Smart Device, Smart Contract" solutions. Strategic Equity Investment and Business IntegrationNWTN and SEET have signed a Share Purchase Agreement un ...
Verra Mobility Schedules Second Quarter 2025 Earnings Call
Prnewswire· 2025-07-16 12:30
MESA, Ariz., July 16, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the second quarter ended June 30, 2025, after market close on August 6, 2025.Verra Mobility's Chief Executive Officer, David Roberts, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on August 6, 202 ...
Verra Mobility appoints Stacey Moser to lead its Commercial Services business
Prnewswire· 2025-07-02 20:15
Brings 25 years of commercial, product management and engineering leadership at Fortune 100 companies and other innovative technology firmsMESA, Ariz., July 2, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that Stacey Moser has been appointed as Executive Vice President and General Manager of the company's Commercial Services business unit effective July 21, 2025. She will report directly to David Roberts, CEO of Ve ...
City of Oakland Partners with Verra Mobility to Save Lives with Speed Safety Program
Prnewswire· 2025-06-18 13:05
Speed safety technology to be deployed along 18 high-risk corridorsMESA, Ariz., June 18, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced the approval from Oakland's City Council to deliver, operate, and maintain a speed safety program across the city. This will be the second speed safety program in the state of California that utilizes advanced automated technology to help curb speeding issues. With this new safety program, ...
Verra Mobility (VRRM) FY Conference Transcript
2025-06-04 21:20
Verra Mobility (VRRM) FY Conference June 04, 2025 04:20 PM ET Speaker0 You said I'll stand. Or I'll wait till Lou's gonna intro intro us first. Speaker1 Great. Good afternoon. I am Louie DiPalma. I cover Smart City Technologies on William Blair's equity research team. This is day two of the forty fifth annual William Blair Growth Stock Conference. We're pleased to be hosting a hybrid presentation fireside chat with the management team of VeriMobility. Joining me today are CEO, David Roberts CFO, Craig Conti ...
Verra Mobility to participate in two investor conferences in June 2025
Prnewswire· 2025-05-27 12:00
MESA, Ariz., May 27, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will participate in two upcoming investor conferences.David Roberts, President and CEO, Craig Conti, Chief Financial Officer, and Jon Baldwin, EVP Government Solutions, are scheduled to present at the Baird 2025 Global Consumer, Technology & Services Conference on Tuesday, June 3, 2025, at 9:05am ET.Mr. Roberts and Mr. Conti will also present ...
Verra Mobility earns Great Place to Work Certification for fourth consecutive year
Prnewswire· 2025-05-22 20:14
Prestigious recognition is based entirely on what current U.S. employees say about their experience working at the companyMESA, Ariz., May 22, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today it has been Certified™ by Great Place to Work® for the fourth year in a row.This significant recognition is based entirely on survey responses from current employees in the U.S. When surveyed in 2025, 81% of employees believed Ver ...
Verra Mobility Announces First Quarter 2025 Financial Results
Prnewswire· 2025-05-07 20:05
Total revenue of $223.3 million Net income of $32.3 million Net cash provided from operations of $63.0 million Reaffirming 2025 full year guidanceMESA, Ariz., May 7, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the first quarter ended March 31, 2025."We delivered a strong first quarter with all key financial measures ahead of our internal expectations," said David Roberts, President and C ...
BGM Acquires YX to Strengthen AI Strategy for Its Intelligent Platform
Prnewswire· 2025-03-19 12:30
Core Viewpoint - BGM Group Ltd. has signed a definitive agreement to acquire 100% of YX Management Company Ltd. for US$95 million, which will enhance BGM's AI-driven platform, DuXiaoBao, and is expected to be completed by June 2025 [1][3]. Group 1: Acquisition Details - BGM will issue 47.5 million class A ordinary shares to acquire YX, valuing the company at US$95 million [1]. - Following the acquisition, YX's shareholders will hold approximately 32.8% of BGM's total outstanding shares and about 2.2% of its voting power [1]. Group 2: YX Team Expertise - The YX team consists of executives and technology experts from major Chinese internet companies like Alibaba and Didi, with experience in large-scale platform development [2]. - Core members have been involved in significant projects such as Taobao Mobile and Didi's ride-hailing services, showcasing their capabilities in digital transformation and AI commercialization [2]. Group 3: Strategic Impact - The integration of the YX team is expected to create a "multiplier effect" through industry breakthroughs and ecosystem synergy, enhancing BGM's leadership in intelligent technology innovation [3]. - The operational experience and strategies of the YX team will position AI as a key driver for BGM's value growth and sustainable returns [3]. Group 4: Company Focus Areas - BGM Group Ltd. focuses on AI applications, intelligent robots, algorithmic computing, cloud computing, and biopharmaceuticals [4]. - The company utilizes big data and AI technologies to provide solutions for insurance companies, covering various scenarios like sales, underwriting, and customer service [5]. - In biopharmaceuticals, BGM produces key products for global markets, integrating AI for supply chain optimization and process efficiency [6].