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Renesas Announces Expected Loss Resulting from Signing Restructuring Support Agreement with Wolfspeed
TOKYO--(BUSINESS WIRE)--Renesas, a premier supplier of advanced semiconductor solutions, today announced it has entered into a Restructuring Support Agreement with Wolfspeed....
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Wolfspeed Takes Proactive Step to Strengthen Financial Foundation Anticipating Scalable, Profitable Growth
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) (“Wolfspeed” or the “Company”) today announced that, as part of its efforts to proactively strengthen its capital structure, it entered into a Restructuring Support Agreement (the “RSA”) with key lenders, including (i) holders of more than 97% of its senior secured notes, (ii) Renesas Electronics Corporation’s wholly owned U.S. subsidiary and (iii) convertible debtholders holding more than 67% of the outstanding convertible notes. The...
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New Data Show Delve Bio’s Metagenomic Testing Delivers Broader, Deeper Pathogen Identification Compared to Traditional Testing
BOSTON--(BUSINESS WIRE)--Data from Delve Bio shows the impact of metagenomic sequencing to transform meningitis and encephalitis diagnostics compared to traditional testing....
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Tigo Energy and BayWa r.e. Empower High-Wattage C&I Solar in Thailand
CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo” or “Company”), a leading provider of intelligent solar and energy software solutions, today announced that the Company will share a trade show booth with BayWa r.e. at the annual ASEAN Sustainable Energy Week 2025, from July 2-4, at the QSNCC in Bangkok, Thailand. At the show, Tigo will focus on supporting Commercial and Industrial (C&I) solar installers and engineering, procurement, and construction specialists (EP...
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Shift4 to Acquire Australian Payments Leader Smartpay
CENTER VALLEY, Pa. & AUCKLAND, New Zealand--(BUSINESS WIRE)--Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced it has signed a definitive agreement to acquire Smartpay (NZX:SPY, ASX:SMP), a leading independent provider of payment processing and point-of-sale solutions in Australia and New Zealand, for NZ$296.4 million (~$180m USD), or NZ$1.20 per share. This represents a 46.5% premium to 90 trading day Volume Weighted Average Price (VWAP). Smartpay sell...
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Exelixis Announces Zanzalintinib in Combination with an Immune Checkpoint Inhibitor Improved Overall Survival in STELLAR-303 Phase 3 Pivotal Trial in Patients with Metastatic Colorectal Cancer
ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today announced positive topline results from the STELLAR-303 phase 3 pivotal trial in which zanzalintinib in combination with atezolizumab (Tecentriq®) demonstrated a statistically significant improvement in overall survival (OS) versus regorafenib in the intent-to-treat (ITT) population of patients with previously treated non-microsatellite instability (MSI)-high metastatic colorectal cancer (CRC). These topline findings are from...
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News Corp Extends Contract with Chief Executive Robert Thomson
NEW YORK--(BUSINESS WIRE)--News Corp (NASDAQ: NWS, NWSA; ASX: NWS; NWSLV) announced today the extension of Robert Thomson’s contract, which will see him continue as Chief Executive through June 2030. The extension is a recognition of Mr. Thomson’s exceptional track record of transformational leadership, value creation and effective advocacy for journalism and intellectual property protection. Since Mr. Thomson’s appointment as Chief Executive in 2013, News Corp has undergone significant transfo...
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Prime Success发表声明纽约州法院认可我们作为科兴生物股东的权利,包括我们在即将召开的特别股东大会上投票的权利
香港--(BUSINESS WIRE)--(美国商业资讯)-- Prime Success L.P.(连同其关联方,合称“Prime Success”或“我们”)作为持有科兴生物(NASDAQ: SVA,简称“科兴生物”或“公司”)8%流通股的重要股东,今日就美国纽约州南区联邦地区法院于2025年6月20日(星期五)作出的裁定结果作出回应。 Prime Success强调:“纽约法院的裁决印证了我们一直以来的主张:在过去七年里,Prime Success一直合法持有科兴生物的有效股份,是公司的重要股东,并享有无可争议的权利——包括与其他股东一起投票,罢免1Globe和OrbiMed董事的权利。我们申请的是一项自卫性质的禁制令,以应对1Globe激进董事会发起的旨在剥夺我们投票权的诉讼。1Globe激进董事会甚至威胁要绕过正常程序,采取单方面行动来阻止我们投票。纽约法院的裁定是基于这些前提:1)1Globe激进董事会目前没有任何依据剥夺我们作为股东的权利;2)相关争议目前正在香港进行仲裁;3)除非上述情况发生改变,否则无需向法院申请禁令性救济。法院预期1Globe激进董事会依法行事,不得...
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ZEO Investors Have Opportunity to Join Zeo Energy Corp. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--ZEO Investors Have Opportunity to Join Zeo Energy Corp. Fraud Investigation with the Schall Law Firm...
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QIPT Investors Have Opportunity to Join Quipt Home Medical Corp. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--QIPT Investors Have Opportunity to Join Quipt Home Medical Corp. Fraud Investigation with the Schall Law Firm...