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符合「Acquisitions, mergers, takeovers」新聞搜尋結果, 共 791 篇 ,以下為 169 - 192 篇 訂閱此列表,掌握最新動態
Genesis MedTech Announces the Sale of JC Medical, Inc to Edwards Lifesciences

SINGAPORE, Aug. 19, 2024 /PRNewswire/ -- Genesis MedTech has sold JC Medical, Inc. to Edwards Lifesciences, including the intellectual property and commercial rights of its J-Valve® System, a transcatheter aortic valve replacement for the treatment of severe aortic regurgitation. The transaction includes an upfront payment plus potential sales-based contingent milestones. Genesis MedTech has maintained the exclusive right to develop, manufacture and commercialize the J-Valve® Systemin in Greater China. In July 2023, Genesis MedTech successfully completed patient enrollment for clinical study of J-Valve transfemoral system for the treatment of aortic regurgitation (referred to as J-Valve® TF) in China, and recently concluded the one-year patient follow-up. In August 2023, JC Medical's J-Valve® TF was granted the "Breakthrough Device Designation" by the U.S. Food and Drug Administration (FDA). JC Medical completed enrollment in its early feasibility study (EFS) of J-Valve® TF in the United States in February 2024. Approval from FDA for JC Medical to initiate its pivotal clinical trial of J-Valve® TF was received in the first half of 2024. Additionally, Edwards has made an equity investment of $25 million in Genesis MedTech. This investment will support Genesis MedTech's product and market development efforts, showcasing the recognition of Genesis MedTech's product development capabilities and operational model by a global MedTech leader. "J-VALVE® has unique advantages in treating aortic valve regurgitation." said Warren Wang, Chairman and CEO of Genesis MedTech Group. "We hope that J-Valve® can expand its global impact, enabling more patients to benefit from this innovative product. We will continue strengthening our focus on developing innovative products and explore better medical solutions to benefit more patients worldwide."

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Ericsson announces sale of iconectiv

iconectiv is a US subsidiary of Ericsson acquired in 2012, and a provider of network number portability solutions and data exchange services The divestment will allow iconectiv to continue its growth trajectory under the new ownership of Koch Equity Development LLC STOCKHOLM, Aug. 17, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) announces that it has entered into a binding agreement with Koch Equity Development LLC in relation to the sale of iconectiv (the "Transaction"). Ericsson's cash benefit from the Transaction, after the settlement of anticipated taxes, transaction expenses, and other liabilities, is expected to be approximately SEK 10.6 billion [1] (USD 1.0 billion). Ericsson expects to record a one-off EBIT benefit of approximately SEK 8.8 billion [1] (USD 0.8 billion) on closing of the Transaction. The Transaction is subject to customary closing conditions, including regulatory approvals, with completion targeted during the first half of calendar 2025. iconectiv is consolidated by Ericsson and reported within Segment Enterprise. iconectiv's contribution [2] to Ericsson 2023 net income was approximately SEK 1.0 billion (USD 0.1 billion). iconectiv is a US subsidiary of Ericsson acquired in 2012 as part of the Telcordia acquisition. Since 2017, iconectiv has been co-owned with private equity firm Francisco Partners. iconectiv serves over 5,000 customers across various sectors as a leading provider in number portability solutions, and a provider of core network and operations management, numbering and data exchange services as its main segments, and with limited strategic synergies with the rest of Ericsson's portfolio. [1] Assuming a USD - SEK exchange rate of 10.56. Realized exchange rate to be determined on closing. [2] Contribution to net income including minority interests and shareholder loan impacts. Ericsson's shareholder loan to iconectiv was SEK 6.7 billion at year end 2023. NOTES TO EDITORS: FOLLOW US: Subscribe to Ericsson press releases hereSubscribe to Ericsson blog posts herehttps://twitter.com/ericssonhttps://www.facebook.com/ericssonhttps://www.linkedin.com/company/ericsson FOR FURTHER DETAILS CONTACT: Contact personDaniel Morris, Head of Investor RelationsPhone: +44 7386657217E-mail: investor.relations@ericsson.com InvestorsLena Häggblom, Director, Investor RelationsPhone: +46 72 593 27 78E-mail:  lena.haggblom@ericsson.com Alan Ganson, Director, Investor RelationsPhone: +46 70 267 27 30E-mail: alan.ganson@ericsson.com MediaRalf Bagner, Head of Media RelationsPhone: +46 76 128 47 89E-mail: ralf.bagner@ericsson.com Media relationsPhone: +46 10 719 69 92E-mail: media.relations@ericsson.com Forward-looking statements This release includes forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The words "believe," "expect," "foresee," "anticipate," "assume," "intend," "likely," "projects," "may," "could," "plan," "estimate," "forecast," "will," "should," "would," "predict," "aim," "ambition," "seek," "potential," "target," "might," "continue," or, in each case, their negative or variations, and similar words or expressions are used to identify forward-looking statements. These statements are subject to risks and uncertainties that could cause actual results to differ materially and adversely from those expressed in, or implied or projected by, the forward-looking statements. We caution investors that these statements are subject to risks and uncertainties many of which are difficult to predict and generally beyond our control that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Important factors that could affect whether and to what extent any of our forward-looking statements materialize include, but are not limited to, the factors described in the section "Risk Factors" in the latest interim reports, and in "Risk Factors" in the Annual Report 2023. These forward-looking statements also represent our estimates and assumptions only as of the date that they were made. We expressly disclaim a duty to provide updates to these forward-looking statements, and the estimates and assumptions associated with them, after the date of this release, to reflect events or changes in circumstances or changes in expectations or the occurrence of anticipated events, whether as a result of new information, future events or otherwise, except as required by applicable law or stock exchange regulations. This is information that Telefonaktiebolaget LM Ericsson is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 22:30 CEST on August 16, 2024. This information was brought to you by Cision http://news.cision.com https://news.cision.com/ericsson/r/ericsson-announces-sale-of-iconectiv,c4025305 The following files are available for download: https://mb.cision.com/Main/15448/4025305/2949037.pdf Ericsson announces sale of iconectiv

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MEGA MATRIX CORP. Announces Completion of Acquisition of the Parent of FlexTV, a Short Drama Streaming Platform

PALO ALTO, Calif., Aug. 17, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that it has completed the acquisition of the remaining 40% of FunVerse Holding Limited ("FunVerse"), a company incorporated under the laws of the British Virgin Islands and the sole parent company of Yuder Pte, Ltd. ("Yuder"). The Company initially acquired 60% of FunVerse's capital stock on January 7, 2024, and has now acquired the remaining 40%, bringing its ownership to 100%. The acquisition was completed through a definitive Share Exchange Agreement, under which the Company acquired the remaining 40% of voting capital stock of FunVerse, in exchange for 1,500,000 shares of the Company's common stock. Through its wholly-owned subsidiary Yuder, FunVerse operates FlexTV, a Singapore-based short drama streaming platform. FlexTV produces original English and Thai dramas, which are also translated into multiple languages to reach users across Europe, America, Southeast Asia, and other parts of the world. In addition to its original content, Yuder acquires third-party content copyrights, which are then translated and distributed through the FlexTV platform. The production teams work in locations such as the United States, United Kingdom, Australia, and Thailand. With the completion of this acquisition, the Company envisions becoming a leading player in the global streaming video industry, with FlexTV positioning itself as an innovative force by introducing short dramas as a unique storytelling approach. Management Commentary About Mega Matrix: Mega Matrix Corp. (NYSE AMEX: MPU) is a holding company that operates FlexTV, a short-video streaming platform and producer of short dramas, through its wholly-owned indirect subsidiary, Yuder Pte, Ltd. Mega Matrix Corp. is a Delaware corporation headquartered in Palo Alto, CA. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: that the Company will become a leading player in the global streaming video industry, the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the heading "Risk Factors" in documents filed by the Company with the Securities and Exchange Commission, including the Company's latest annual report on Form 10-K, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company's inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company's assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. Disclosure Channels We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels: X (f/k/a Twitter): twitter.com/MegaMatrixMPU Facebook: facebook.com/megamatrixmpu facebook.com/flextvus LinkedIn: linkedin.com/company/megamatrixmpu TikTok: tiktok.com/@flextv_english YouTube: youtube.com/@FlexTV_English The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website. Contact: Info@megamatrix.io 

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Singapore Medical Group strengthens presence in the Asia-Pacific region with controlling stake in leading Australian IVF group

As part of a corporate strategic initiative to enhance SMG's business portfolio and streamline the organizational structure, SMG will acquire a controlling stake in Australia's City Fertility from Korea's CHA Healthcare in exchange for additional shares in TLW, the sole shareholder of SMG CHA Healthcare, which owns an existing equity interest of 42.4% in TLW, will see its stake increase to 64.2% as the strengthened CHA-SMG partnership looks to accelerate strategic growth initiatives in APAC Transaction will significantly enhance shareholder value for TLW's existing shareholders with 300%+ increase in EPS and 30%+ increase in NAV per share Following SMG's delisting from the SGX-ST, this latest initiative solidifies SMG's positioning as a major pan-Pacific healthcare group with operations in four countries and broadened service offerings in IVF and Women's Health Leveraging CHA's industry-leading fertility and women's health expertise, CHA-SMG partnership to continue exploring growth opportunities in new APAC markets to meet rising demand for high-quality reproductive treatments and family-centric healthcare SINGAPORE, Aug. 16, 2024 /PRNewswire/ -- TLW Success Limited ("TLW" or the "Company"), the holding company of the former SGX-listed Singapore Medical Group ("SMG" or the "Group"), has today announced a corporate reshuffling initiative with its largest shareholder, CHA Healthcare Singapore Pte Ltd ("CHA Asia"). As part of this corporate reorganization, CHA Asia will contribute its controlling 60.6% stake in Australia's City Fertility to SMG in return for additional shares in the Company. CHA Asia, which already owns an existing equity interest of 42.4% in TLW, will see its stake increase to 64.2% as the streamlined CHA-SMG partnership looks to accelerate strategic growth initiatives in the region. Background In 2018, SMG and CHA Asia jointly acquired a majority stake in City Fertility through a joint venture entity in which they respectively held 20% and 80% of the equity interests. CHA Asia is an international subsidiary of CHA Medical Group, one of the world's most respected names in reproductive medicine, women's health, stem cell research and wellness care with presence in 7 countries including Korea, Japan, and the US. CHA Asia is also the Company's single largest shareholder with a 42.4% stake following its initial investment into SMG in 2017. Under the CHA-SMG partnership's guidance, City Fertility has rapidly grown into one of Australia's leading IVF groups with revenue and profitability more than tripling since the investment and strong positions in key markets including Brisbane, Melbourne, Perth and Sydney. Significant Enhancements to Shareholder Value Under the proposed transaction, the Company will allot and issue new shares to CHA Asia in connection with SMG's acquisition of CHA Asia's 80% equity stake in the joint venture entity holding City Fertility shares.  The transaction will allow SMG and CHA Asia to effectively consolidate their ownership in City Fertility for greater synergy and operational efficiencies, while maintaining the Company's cash reserves. Transaction completion is subject to shareholder approval. The proposed transaction will be highly accretive, with existing TLW shareholders expected to benefit from a 3.1x increase in EPS from 1.4 Cents to 4.4 Cents and a 1.3x rise in Net Asset Value per share from 34.0 Cents to 43.8 Cents.   Commenting on the announcement, SMG's CEO Dr. Beng Teck Liang said, "Leveraging on CHA's reputation for world-class fertility treatments and advances in reproductive medicine, City Fertility has made significant strides in successfully moving up the value chain and gaining market share in Australia. As growth has accelerated more than threefold since our initial investment, the time is right for us to consolidate our investment as we position for our next phase of growth. This latest initiative effectively solidifies SMG's positioning as a larger pan-pacific healthcare group with operations across four countries while enhancing our offerings in IVF and fertility services across the Asia-Pacific region. Against the backdrop of a growing number of delayed pregnancies among women and rising awareness pertaining to infertility, we are now ready to further scale this successful partnership in new markets where we see clear demand." Mr. Chris Chung, CEO of CHA Asia, added, "This transaction is an important next step in continuing to enhance SMG's value to shareholders and creating a uniquely differentiated model for the Group. At the same time, it is part of our strategic focus to fully leverage our collective global resources and unrivalled know-how in Reproductive Medicine and Women's Health to build a clear IVF market leader in the pan-Pacific region.  Beyond the immediate financial and operational benefits of broader geographic and service offerings, we will be significantly enhancing our digital and data driven assets to deliver best-of-breed, next-generation care to our existing and future patients." Mr. Adnan Catakovic, CEO of City Fertility, added, "This transaction will further enhance and solidify our outstanding working relationship with SMG. As City Fertility continues to grow strongly and increase our Australian market share, a more integrated partnership with SMG will provide us with an invaluable opportunity for tighter collaboration initiatives between our businesses. For example, we are excited to leverage SMG's broad service and geographic portfolios to explore new opportunities in attractive growth markets including Southeast Asia. At the same time, we share a strong patient focused ethos and will proactively leverage our combined operational strengths to build a dynamic marketing and patient engagement platform to optimise the patient experience across both businesses. We see this as a truly exciting next step forward for Australia and beyond." About Singapore Medical Group Limited ("SMG") Incorporated in 2005 and formerly listed on the Singapore Stock Exchange, SMG is a private specialist healthcare provider headquartered in Singapore with an extensive network of more than 45 owned and associated clinics covering over 25 medical specialties.  The Group has a growing regional presence in Ho Chi Minh City, Vietnam, Jakarta, and Surabaya in Indonesia and across multiple cities in Australia following several investments and joint ventures with strategic partners. For more information, please visit https://smg.sg/ About City Fertility ("CFC") City Fertility is one of Australia's leading IVF & reproductive medicine groups with 13 IVF clinics, 50+ consulting suites, dedicated day hospitals and more than 60 highly skilled fertility specialists practicing nationwide across Queensland, Victoria, New South Wales and Western Australia. CFC provides seamless care across the full fertility spectrum for patients of all backgrounds, including international. CFC also offers a comprehensive range of support services including social egg freezing, surrogacy, sperm & egg donor programs, genetic testing and LGBT-friendly treatments. City Fertility is driven by cutting-edge research and global medical innovation alongside CHA Medical Group and delivers top-tier success rates using the latest advances in reproductive medicine.    For more information, please visit https://www.cityfertility.com.au   About CHA Medical Group ("CHA") Headquartered in Korea, CHA is one of Asia's leading private medical groups encompassing the full healthcare spectrum from research and education to hospital- and clinic-based care.  CHA has a comprehensive healthcare platform including: 16 general & specialty hospitals with approximately 2,300 beds; 23 research and educational institutions, including CHA University School of Medicine; Footprint in 7 countries including Korea, Japan and the US CHA today handles more than 2.5 million outpatient visits and 450,000 inpatient admissions annually, with a talent pool of approximately 1,500 physicians and 3,000 nurses globally.  CHA is widely renowned as a global leader in IVF and reproductive medicine, both through excellence in clinical research and in patient care.  As Asia's leading experts in infertility, women's health and maternity care, CHA provides over 12,000 deliveries and approximately 50,000 IVF cycles annually.  Key landmark achievements include Korea's first successful delivery of a test-tube baby at a private hospital in 1986, the world's first pregnancy and birth using immature oocytes in 1989, the world's first successful pregnancy and birth through vitrification method for oocyte cryopreservation in 1998 and the establishment of the world's first egg bank in 1999, as well as numerous international academic accolades for pioneering research. For investor or media enquiries, please contact: James BywaterConsultantSingapore Medical GroupEmail: investor.relations@smg.sg Mobile: +65 94784937

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EQT to acquire KJ Environment and affiliated companies to establish a leading waste treatment platform in South Korea

KJ Environment and affiliated companies to form an end-to-end business portfolio in the waste treatment value chain specialized in plastic recycling and waste-to-energy Global demand for recycled plastic is expected to accelerate due to strengthened regulations as well as voluntary commitments by companies in the private sector   EQT will help establish a scaled and diversified end-to-end waste treatment platform with a focus on circular economy infrastructure STOCKHOLM, Aug. 16, 2024 /PRNewswire/ -- EQT is pleased to announce that EQT Infrastructure VI ("EQT") has entered into a definitive agreement to acquire KJ Environment and affiliated companies (collectively the "Platform") from Genesis Private Equity, an environmental and energy infrastructure specialist, to establish a scaled and diversified end-to-end waste treatment platform focused on plastic recycling and waste-to-energy in South Korea. The Platform comprises an end-to-end business portfolio in the waste treatment value chain, with core competencies in recyclable waste sorting, plastic recycling and waste-to-energy capabilities. It has strategically located sites in the Greater Seoul Metropolitan Area, serving catchment areas covering more than 50% of the country's population and its GDP. The Platform is a leading plastic recycler in South Korea in terms of treated volume, with stable access to high-quality waste plastic feedstock and cutting-edge technology to produce advanced recycled plastics suitable for food and beverage products that involve human contact. As a result, the Platform is well-positioned to advance its leadership in waste treatment with a focus on circular economy infrastructure. Global demand for recycled plastic is expected to accelerate due to strengthened regulations mandating its use across a myriad of products and applications as well as voluntary commitments in the private sector, most notably in consumer-packaged goods. Sorting plays a particularly critical role in South Korea's waste treatment value chain as all recyclable waste is aggregated and processed at sites before being transferred to recycling facilities. The acquisition marks EQT's second infrastructure investment in South Korea, and is aligned with EQT's thematic approach to investing in climate-related infrastructure opportunities, supporting resource efficiency and a more circular economy. EQT is committed to working closely with KJ Environment and the affiliated companies to provide both capital and operational support to deepen and expand its customer partnerships, introduce automated machinery and digital solutions, and continue to build trust within the communities it serves. Sang Jun Suh, Partner in the EQT Infrastructure Advisory Team, commented: "We are delighted to be partnering with KJ Environment and its talented management team. We look forward to applying EQT's extensive experience investing in sustainable waste and recycling solutions across geographies, combined with our strong local footprint and industrial network, to help KJ Environment elevate into a true market leader in the waste treatment space. This investment also marks EQT's latest milestone in South Korea, a market we believe holds tremendous potential and is strategically important to our regional investment strategy." The Platform adds to EQT's global portfolio of companies which engage in waste-related business and builds on EQT's track record of supporting infrastructure companies in the Asia Pacific region. Since 2020, EQT Infrastructure has committed EUR 5 billion of equity, including co-investment, in Asia Pacific companies. The portfolio managed by EQT's infrastructure team in Asia Pacific employs approximately 11,000 people. EQT has been investing in South Korea since 2009 and views the market as a key part of the firm's Asia Pacific strategy across infrastructure, private equity, and real estate investing. EQT Infrastructure looks to support South Korean businesses in achieving their growth and operational objectives by leveraging the expertise of EQT's global sector teams, in-house expert capabilities within sustainability and digitalization, and global network of Industrial Advisors. The transaction is subject to customary conditions and approvals. It is expected to close in Q4 2024. EQT was advised by JP Morgan (financial), Kim & Chang (legal), and PwC (financial and tax). With this transaction, EQT Infrastructure VI is expected to be 45-50 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication) based on target fund size and subject to customary regulatory approvals. ContactEQT Press Office, press@eqtpartners.com The information contained herein does not constitute an offer to sell, nor a solicitation of an offer to buy, any security, and may not be used or relied upon in connection with any offer or solicitation. Any offer or solicitation in respect of EQT Infrastructure VI will be made only through a confidential private placement memorandum and related documents which will be furnished to qualified investors on a confidential basis in accordance with applicable laws and regulations. The information contained herein is not for publication or distribution to persons in the United States of America. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold without registration thereunder or pursuant to an available exemption therefrom. Any offering of securities to be made in the United States would have to be made by means of an offering document that would be obtainable from the issuer or its agents and would contain detailed information about the issuer of the securities and its management, as well as financial information. The securities may not be offered or sold in the United States absent registration or an exemption from registration. This information was brought to you by Cision http://news.cision.com https://news.cision.com/eqt/r/eqt-to-acquire-kj-environment-and-affiliated-companies-to-establish-a-leading-waste-treatment-platfo,c4023436 The following files are available for download: https://news.cision.com/eqt/i/kj-environment,c3324214 KJ Environment https://mb.cision.com/Public/87/4023436/9e267f79e5ea1c1f.pdf KJ Environment and affiliated companies - EQT Press Release 15082024  

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Leading Group, an Insurance Channel Specialist in China, to be Publicly Listed through a Merger with Healthcare AI Acquisition Corp. (NASDAQ: HAIA)

NEW YORK, Aug. 16, 2024 /PRNewswire/ -- Leading Group Limited ("LEADING"), a licensed digital insurance broker operating in the Insurance Services segment in China as an Insurance Channel Specialist, and Healthcare AI Acquisition Corp. ("HAIA") (NASDAQ: HAIA), a publicly-traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the "Business Combination Agreement") where HAIA and LEADING will enter a series of merger transactions (the "Proposed Transaction") resulting in LEADING as the surviving entity of the combined entity (the "Combined Company"). Upon consummation of the merger, the parties intend to list the Combined Company on the Nasdaq Stock Market ("Nasdaq"). The Combined Company will continue to be led by LEADING's experienced senior management team. LEADING's digital insurance brokerage license and integrated marketing services helps insurance carriers to target and acquire customers at greater scale to achieve enhanced premium sales growth. The services provided by LEADING provides insurance carriers with sales channel visibility and development whilst enabling individuals and corporate policy holders to have the benefit of tailored solutions. Management Commentary "The HAIA team has worked diligently with LEADING to agree on the terms of the Proposed Transaction.  We are excited about the contemplated Nasdaq listing which will provide LEADING with a platform for growth capital and investor participation in one of the world's largest evolving insurance markets,"  said Mr. Ross Benson, the Chairman of LEADING. "LEADING has an online pedigree with a strong partner and sales channel network. As a B2B participant in the insurance services market, the China market provides a landscape with significant growth potential." "We are proud to be a partner of LEADING. The signing of the Business Combination Agreement represents a positive step forward" said Mr. Jiande Chen, the Chief Executive Officer and Chairman of HAIA. "We believe that LEADING is well positioned to grow as an Insurance Channel Specialist by providing digital insurance brokerage and tailored solutions to its business partners. We are delighted to support LEADING in its transition to a public company. We are encouraged by the dedication of the LEADING senior management team to achieve a successful transaction and to their commitment in growing the business in what we believe is a rapidly expanding China market for Insurance Services." Transaction Overview The Proposed Transaction values LEADING at approximately US$430 million. HAIA and LEADING intend to raise an additional private placement financing of $50 million ("Additional Financing"). Upon closing of the Proposed Transaction, LEADING's shareholders will retain a majority of the outstanding shares of the Combined Company and LEADING will designate a majority of the directors for the Combined Company board of directors. LEADING expects to use the proceeds from the Proposed Transaction to accelerate the organic growth trajectory of the business in the China market. The Proposed Transaction, which has been unanimously approved by the boards of directors of both LEADING and HAIA, is expected to be completed in the fourth quarter of 2024, subject to, among other things, approval by the shareholders of LEADING and HAIA, and the satisfaction (or waiver, as applicable) of the other customary closing conditions, including the receipt of certain regulatory approvals. Additional information about the Proposed Transaction, including a copy of the Business Combination Agreement, will be filed by HAIA on a Current Report on Form 8-K with the U.S. Securities and Exchange Commission (the "SEC"). Advisors Loeb & Loeb LLP is serving as legal counsel to HAIA. King & Wood Mallesons is serving as the PRC legal counsel to HAIA. Maples and Calder (Hong Kong) LLP is serving as Cayman Islands legal advisor to HAIA. Hogan Lovells is serving as international legal advisor to LEADING. Jincheng Tongda & Neal Law Firm is serving as the PRC legal counsel to LEADING. Harney Westwood & Riegels is serving as Cayman Islands legal advisor to LEADNG. About LEADING LEADING is an insurance channel specialist operating in the China insurance services segment. LEADING's online insurance brokerage service supplemented with integrated marketing services helps insurance carriers target and acquire customers at greater scale which results in increased premium sales. LEADING's value proposition also provides channel partners the ability to expand their value proposition whilst providing professional risk management for individual and corporate policyholders.   About HAIA HAIA is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Additional Information and Where to Find It In connection with the Proposed Transaction, a registration statement on Form F-4 (the "Registration Statement") will be filed with the SEC, which will include a preliminary proxy statement/prospectus of HAIA (a "Proxy Statement/Prospectus"). After the Registration Statement is filed and declared effective, a definitive Proxy Statement/Prospectus will be mailed to HAIA's shareholders as of a record date to be established for voting on the Business Combination, in connection with HAIA's solicitation for proxies for the vote by HAIA's shareholders in connection with the Proposed Transaction and the other matters as described in the therein. Before making any voting or other investment decisions, securityholders of HAIA and other interested persons are advised to read, when available, the preliminary Proxy Statement/Prospectus and any amendments thereto and, once available, the definitive Proxy Statement/Prospectus and any other documents filed in connection with the Proposed Transaction, as these materials will contain important information about HAIA, LEADING, the Combined Company and the Proposed Transaction.  Shareholders may also obtain a copy of the preliminary and definitive Proxy Statement/Prospectus to be included in the Registration Statement, once available, as well as other documents filed with the SEC regarding the Proposed Transaction and other documents filed with the SEC, without charge, at the SEC's website located at www.sec.gov. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbour" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the estimated implied enterprise value of the Combined Company, LEADING's ability to scale and grow its business, the advantages and expected growth of the Combined Company, the Combined Company's ability to source and retain talent, the cash position of the Combined Company following closing of the Proposed Transaction, HAIA's and LEADING's ability to consummate the Proposed Transaction, and expectations related to the terms and timing of the Proposed Transaction, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of HAIA's and LEADING's management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Although each of HAIA and LEADING believes that it has a reasonable basis for each forward-looking statement contained in this press release, each of HAIA and LEADING cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. In addition, there will be risks and uncertainties described in the Proxy Statement/Prospectus included in the Registration Statement relating to the Proposed Transaction, which is expected to be filed with the SEC, and other documents that may be filed by the Combined Company or HAIA from time to time with the SEC. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Neither HAIA nor LEADING can assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, the ability to complete the Proposed Transaction due to the failure to obtain approval from HAIA's shareholders or satisfy other closing conditions in the Business Combination Agreement, the occurrence of any event that could give rise to the termination of the Business Combination Agreement, the ability to recognize the anticipated benefits of the Proposed Transaction, the amount of redemption requests made by HAIA's public shareholders, costs related to the Proposed Transaction, the impact of the global COVID-19 pandemic, the risk that the Proposed Transaction disrupts current plans and operations as a result of the announcement and consummation of the Proposed Transaction, the outcome of any potential litigation, government or regulatory proceedings, and other risks and uncertainties, including those to be included under the heading "Risk Factors" in the Registration Statement to be filed with the SEC and those included under the heading "Risk Factors" in HAIA's Annual Report on Form 10-K for the year ended December 31, 2023, and other filings with the SEC. There may be additional risks that neither HAIA nor LEADING  presently know or that HAIA and LEADING currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. The forward-looking statements in this press release represent the views of HAIA and LEADING as of the date of this press release. Subsequent events and developments may cause those views to change. However, while HAIA and LEADING may update these forward-looking statements in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of HAIA or LEADING as of any date subsequent to the date of this press release. Except as may be required by law, neither HAIA nor LEADING undertakes any duty to update these forward-looking statements. Participants in the Solicitation HAIA, LEADING and their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitations of proxies from HAIA's shareholders in connection with the Proposed Transaction. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of HAIA's shareholders in connection with the Proposed Transaction will be set forth in the Proxy Statement/Prospectus included in the Registration Statement to be filed with the SEC in connection with the Proposed Transaction. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the Proxy statement/Prospectus when it becomes available. Shareholders, potential investors and other interested persons should read the Proxy statement/Prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above. No Offer or Solicitation This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Proposed Transaction, and does not constitute an offer to sell or the solicitation of an offer to buy any securities of HAIA, LEADING or the Combined Company, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.  

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 507 加入收藏 :
2025 年 1 月 21 日 (星期二) 農曆十二月廿二日
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