Proxy statement

Ocean Power Technologies Announces Adjournment of Annual Meeting of Stockholders

Retrieved on: 
Wednesday, December 14, 2022

MONROE TOWNSHIP, N.J., Dec. 14, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine data, power, and consulting service solutions, today announced that the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”) was convened on December 14, 2022 at 9:00 AM EST and adjourned, without any business being conducted, due to lack of the required quorum.

Key Points: 
  • MONROE TOWNSHIP, N.J., Dec. 14, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine data, power, and consulting service solutions, today announced that the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”) was convened on December 14, 2022 at 9:00 AM EST and adjourned, without any business being conducted, due to lack of the required quorum.
  • The Annual Meeting will reconvene on January 13, 2023, at 10:00 AM EST.
  • During this adjournment period, the Company will continue to solicit votes from its stockholders with respect to the proposals set forth in the Proxy Statement.
  • Proxies previously submitted in respect of the Annual Meeting will be voted at the adjourned Annual Meeting unless properly revoked as described in the Proxy Statement, and stockholders who have previously submitted a proxy or otherwise voted need not take any action.

MICT’s Subsidiary, Tingo Mobile, Establishes Strategic Presence in Malawi and East Africa, Representing an Important Market for its Agri-FinTech and FinTech Products

Retrieved on: 
Wednesday, December 14, 2022

MONTVALE, NJ, Dec. 14, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT”) announced that its wholly owned subsidiary, Tingo Mobile Limited (“Tingo Mobile” and together with MICT, the “Group”), has today launched in Malawi, as it establishes a strategic presence in East Africa and accelerates its pan-African rollout.

Key Points: 
  • Tingo Mobile’s expansion into Malawi and East Africa is expected to facilitate access to significant volumes of the region’s key crops, including coffee, tea, cotton, sugar cane, maize, and rice.
  • Darren Mercer, Chief Executive Officer of MICT, commented: “We welcome Malawi into our growing portfolio of geographical markets, as part of our pan-African and global rollout strategy.
  • As of June 30, 2022, Tingo Mobile had approximately 9.3 million subscribers using its mobile phones and Nwassa platform.
  • Stockholders will also be able to obtain copies of the proxy statement, without charge, once available, on the SEC’s website at www.sec.gov .

FTAC ZEUS ACQUISITION CORP. ANNOUNCES CHANGE OF SPECIAL MEETING DATE

Retrieved on: 
Wednesday, December 14, 2022

As a result of this change, the Special Meeting will now be held at 11:00 a.m., Eastern Time, on Wednesday, December 21, 2022, via a virtual meeting link at https://www.cstproxy.com/ftaczeus/2022 .

Key Points: 
  • As a result of this change, the Special Meeting will now be held at 11:00 a.m., Eastern Time, on Wednesday, December 21, 2022, via a virtual meeting link at https://www.cstproxy.com/ftaczeus/2022 .
  • The Company plans to continue to solicit proxies from stockholders during the period prior to the Special Meeting.
  • Only the holders of the Company’s Class A common stock and Class B common stock as of the close of business on November 8, 2022, the record date for the Special Meeting, are entitled to vote at the Special Meeting.
  • Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Avalon GloboCare Continues its U.S. Centric Strategy with a New Proposed Board Composition in Preparation for Acquisition of Laboratory Services MSO, LLC

Retrieved on: 
Monday, December 12, 2022

FREEHOLD, N.J., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a leading global developer of innovative cell-based technologies and therapeutics and laboratory testing provider, reminds investors to vote in the upcoming annual meeting, which includes a new proposed Board composition to reflect its continued U.S. focus and planned acquisition of Laboratory Services MSO, LLC. On November 14, as part of its 10Q filing with the Securities and Exchange Commission, the Company disclosed its decision to cease all operations in the People’s Republic of China with the exception of a small administrative office and a non-operating, patent holding entity.

Key Points: 
  • The upcoming 2022 Annual Meeting of Stockholders will be held on December 29, 2022, at 11:00 a.m. Eastern Time.
  • “We recently announced a transformative acquisition of Laboratory Services MSO, LLC, a premier reference laboratory,” stated David Jin, M.D., Ph.D., President and Chief Executive Officer of Avalon GloboCare.
  • “Not only is Laboratory Services MSO expected to be highly accretive to earnings, it also adds strong clinical synergies to the existing Avalon portfolio.
  • Additionally, we are restructuring the board and will not be renewing three of our China Board members as directors.

Carney Technology Acquisition Corp. II Announces Postponement of its Special Meeting of Stockholders to December 14, 2022 and That Trust Account Will Bear Interest and Will Not Be Decreased Due to Excise Tax

Retrieved on: 
Monday, December 12, 2022

The record date for the Meeting to vote on the Extension Amendment remains the close of business on November 10, 2022 (the “Record Date”).

Key Points: 
  • The record date for the Meeting to vote on the Extension Amendment remains the close of business on November 10, 2022 (the “Record Date”).
  • Stockholders as of the Record Date can vote, even if they have subsequently sold their shares.
  • Additionally, if the Extension is implemented, the Company plans to maintain the remaining amount in its trust account (the “Trust Account”) in an interest bearing demand deposit account at a bank.
  • Interest on such deposit account is variable and currently expected to be approximately 3.0% per annum.

MICT’s subsidiary, Tingo Mobile, Launches Global Commodity Platform and Export Business from the Dubai Multi Commodity Centre - the World’s No.1 Free Trade Zone

Retrieved on: 
Monday, December 12, 2022

MONTVALE, NJ, Dec. 12, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT”) announced that its wholly- owned subsidiary, Tingo Mobile Limited (“Tingo Mobile” and together with MICT, the “Group”), has today launched its global commodity platform and export business in partnership with the Dubai Multi Commodities Centre (“DMCC”).

Key Points: 
  • MICT also has memberships/registrations with the Hong Kong Stock Exchange and the requisite Hong Kong and China Direct clearing companies.
  • As of June 30, 2022, Tingo Mobile had approximately 9.3 million subscribers using its mobile phones and Nwassa platform.
  • MICT intends to file with the SEC a preliminary proxy statement of MICT in connection with Business Combination.
  • Stockholders will also be able to obtain copies of the proxy statement, without charge, once available, on the SEC’s website at www.sec.gov .

BELONG ACQUISITION CORP. ANNOUNCES CHANGE OF SPECIAL MEETING DATE

Retrieved on: 
Friday, December 9, 2022

As a result of this change, the Special Meeting will now be held at 2:30 p.m., Eastern Time, on Wednesday, December 21, 2022, via a virtual meeting link at https://www.cstproxy.com/belongcapital/2022.

Key Points: 
  • As a result of this change, the Special Meeting will now be held at 2:30 p.m., Eastern Time, on Wednesday, December 21, 2022, via a virtual meeting link at https://www.cstproxy.com/belongcapital/2022.
  • The Company plans to continue to solicit proxies from stockholders during the period prior to the Special Meeting.
  • Only the holders of the Company’s Class A common stock and Class B common stock as of the close of business on November 7, 2022, the record date for the Special Meeting, are entitled to vote at the Special Meeting.
  • Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

MedTech Acquisition Corporation Announces Adjournment of its Special Meeting in lieu of an Annual Meeting of Stockholders

Retrieved on: 
Thursday, December 8, 2022

New York, NY, Dec. 07, 2022 (GLOBE NEWSWIRE) -- MedTech Acquisition Corporation (Nasdaq: MTAC) (“MedTech” or the “Company”) today announced that on December 7, 2022, it convened and then adjourned, without conducting other business, its special meeting of stockholders (the “Special Meeting”) in lieu of its 2022 Annual Meeting of Stockholders from December 7, 2022 to 11:00 a.m. Eastern Time on December 12, 2022. The Special Meeting is being adjourned in order to solicit more votes toward the approval to amend the Company’s amended and restated certificate of incorporation (“Extension Amendment”) to extend the date by which the Company must complete a business combination from December 22, 2022 to June 22, 2023 (or such earlier date as determined by the Board of Directors). The Company plans to continue to solicit proxies for the Special Meeting until December 12, 2022.

Key Points: 
  • New York, NY, Dec. 07, 2022 (GLOBE NEWSWIRE) -- MedTech Acquisition Corporation (Nasdaq: MTAC) (“MedTech” or the “Company”) today announced that on December 7, 2022, it convened and then adjourned, without conducting other business, its special meeting of stockholders (the “Special Meeting”) in lieu of its 2022 Annual Meeting of Stockholders from December 7, 2022 to 11:00 a.m. Eastern Time on December 12, 2022.
  • The Company plans to continue to solicit proxies for the Special Meeting until December 12, 2022.
  • The record date for the Special Meeting remains the close of business on October 24, 2022 (the “Record Date”).
  • Stockholders who have previously submitted their proxy or otherwise voted and who do not want to change their vote need not take any action.

UpHealth Announces Reverse Stock Split Will Effect Changes to Warrant Terms

Retrieved on: 
Wednesday, December 7, 2022

As previously announced, the reverse stock split will become effective at 4:01 p.m., Eastern Time, on December 8, 2022, after close of trading on the New York Stock Exchange.

Key Points: 
  • As previously announced, the reverse stock split will become effective at 4:01 p.m., Eastern Time, on December 8, 2022, after close of trading on the New York Stock Exchange.
  • As of that time, each 10 shares of issued and outstanding common stock will be converted into one share of common stock.
  • The Company’s common stock is expected to commence trading on a split-adjusted basis when the markets open on December 9, 2022, under the existing trading symbol “UPH.” The new CUSIP number for the Company’s common stock following the reverse stock split will be 91532B200.
  • Such forward-looking statements include, but are not limited to, statements regarding the reverse stock split and expectations with respect to compliance with the New York Stock Exchange’s continued listing standards.