International investment agreement

VNET Announces US$299 Million Strategic Investment from Shandong Hi-Speed Holdings Group Limited

Retrieved on:

Thursday, November 16, 2023

Motherboard, Investment, Treasury, Consortium, Choice, Exercise, International investment agreement, ADS, VNET, Consortium Agreement of 1954, IDC, The Company, Schedule, Security (finance), PRC

BEIJING, Nov. 16, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that Success Flow International Investment Limited ("Success Flow") and Choice Faith Group Holdings Limited ("Choice Faith") have entered into an investment agreement (the "Investment Agreement") with VNET to make an equity investment in an aggregate amount of US$299 million (the "Proposed Investment") in the Company.

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BEIJING, Nov. 16, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that Success Flow International Investment Limited ("Success Flow") and Choice Faith Group Holdings Limited ("Choice Faith") have entered into an investment agreement (the "Investment Agreement") with VNET to make an equity investment in an aggregate amount of US$299 million (the "Proposed Investment") in the Company.
Both Success Flow and Choice Faith are beneficially owned by Shandong Hi-Speed Holdings Group Limited ("SDHG," 00412.HK), the shares of which are listed on the Main Board of The Hong Kong Stock Exchange.
The closing of the Proposed Investment is expected to occur around the end of 2023 or January 2024.
"Their investment will further strengthen our balance sheet and fuel innovation as we will cooperatively explore new opportunities in renewable energies with them going forward.

Argentina Lithium Announces US$90 Million Investment by Stellantis in ARS$ Equivalent

Retrieved on:

Wednesday, September 27, 2023

As a result of the Transaction, Stellantis will own 19.9% of the issued and outstanding ALE Shares and Argentina Lithium will own 80.1%.

Key Points:

As a result of the Transaction, Stellantis will own 19.9% of the issued and outstanding ALE Shares and Argentina Lithium will own 80.1%.
Argentina Lithium President & Chief Executive Officer Nikolaos Cacos said: "We are delighted to have Stellantis as a partner in the future development of our lithium projects in Argentina.
At closing of the Transaction, Argentina Lithium and Stellantis will enter into an exchange agreement (the "Exchange Agreement").
In addition, upon exercise of the Exchange Right, Argentina Lithium will enter into an Investor Rights Agreement with Stellantis (the "Stellantis IRA").

EQS-News: Northern Data announces further progress in implementation of Cloud Strategy

Retrieved on:

Saturday, September 16, 2023

Cloud, H100, Cloud computing, EUR, Taiga, Ticker, International investment agreement, ISIN, NB2, GPU, Cryptocurrency

Frankfurt/Main – 11 September 2023 – Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU8) has made further progress in implementing its ambitious growth strategy for its cloud solutions business, Taiga Cloud.

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Frankfurt/Main – 11 September 2023 – Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU8) has made further progress in implementing its ambitious growth strategy for its cloud solutions business, Taiga Cloud.
As announced in July 2023, Northern Data agreed to acquire Damoon Designated Activity Company (“Damoon”) for a valuation of EUR 400 million.
In a first step, Northern Data Group is now entering into two Contribution Agreements, under which Northern Data Group, subject to customary reservations, will acquire c. 70% of Damoon.
Northern Data Group will continue to update the market as it continues to implement Taiga Cloud’s growth strategy.

EQS-News: Northern Data Reports Significant Progress in Implementing its Growth Strategy for its Cloud Solutions Business

Retrieved on:

Thursday, August 24, 2023

Cloud, Tether, Exercise, Sale, EUR, Taiga, Acquisition, Ticker, International investment agreement, ISIN, NB2, GPU, Security (finance), Cryptocurrency

Frankfurt/Main – 24 August 2023 – Northern Data Group (Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ) has made significant progress in implementing its ambitious growth strategy for its cloud solutions business, Taiga Cloud.

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Frankfurt/Main – 24 August 2023 – Northern Data Group (Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ) has made significant progress in implementing its ambitious growth strategy for its cloud solutions business, Taiga Cloud.
In essence, on completion of the transaction, Northern Data will have acquired latest-generation GPU hardware for a value of EUR 400 million.
As previously disclosed, Northern Data Group has a unilateral option under the Investment Agreement, which can be exercised until 31 December 2024, to acquire the remaining c. 30% of shares in Damoon for cash or additional shares in Northern Data Group.
Northern Data Group will continue to update the market as it works with Damoon to implement Taiga Cloud’s growth strategy.

AGREEMENT FOR LAUNCH OF A RECOMMENDED ALL CASH OFFER OF NOK 35 PER SHARE TO THE SHAREHOLDERS OF KAHOOT! ASA

Retrieved on:

Friday, July 14, 2023

OSLO, Norway, July 14, 2023 /PRNewswire/ -- Kahoot! ASA ("Kahoot!") today announces an agreement for a recommended voluntary all cash offer from the Private Equity business within Goldman Sachs Asset Management, with co-investors General Atlantic FT B.V. ("General Atlantic"), KIRKBI Invest A/S ("KIRKBI"), Glitrafjord AS and certain other investors and management shareholders ("the Co-Investors", and collectively with funds managed by Goldman Sachs Asset Management, the "Investors"), to acquire all issued and outstanding shares in Kahoot! (the "Shares") at a best and final offer price of NOK 35 per Share (the "Offer Price") (the "Offer"), representing an aggregate equity purchase price of NOK 17.2 billion.

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(the "Shares") at a best and final offer price of NOK 35 per Share (the "Offer Price") (the "Offer"), representing an aggregate equity purchase price of NOK 17.2 billion.
(excluding its members having a conflict of interest) (the "Board") has unanimously resolved that it has recommended the shareholders of Kahoot!
and our shareholders, and that the offer will benefit our employees, customers and partners.
Key highlights and summary of the Offer:
The Shareholders will be offered NOK 35 in cash per Share.

Fidessa Takes Swift Action to Counter Frivolous Lawsuit by S3 Partners

Retrieved on:

Friday, June 30, 2023

International investment agreement, Complaint, Courts of New York, Investment, Medical device, S3, Fidessa

LONDON, June 29, 2023 /PRNewswire-PRWeb/ -- Today, on June 29, 2023, Fidessa Corporation ("Fidessa"), an affiliate of the ION Group ("ION"), has become aware of a complaint filed against it in the Courts of New York by S3 Partners LLC ("S3") alleging, principally, the inability of Fidessa to satisfy a mere $6.25 million payment obligation to S3 under the terms of the investment agreement between Fidessa and S3, dated August 4th, 2021 (the "Investment Agreement").

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Fidessa is taking immediate action to protect its interests and safeguard its reputation in all relevant jurisdictions.
LONDON, June 29, 2023 /PRNewswire-PRWeb/ -- Today, on June 29, 2023, Fidessa Corporation ("Fidessa"), an affiliate of the ION Group ("ION"), has become aware of a complaint filed against it in the Courts of New York by S3 Partners LLC ("S3") alleging, principally, the inability of Fidessa to satisfy a mere $6.25 million payment obligation to S3 under the terms of the investment agreement between Fidessa and S3, dated August 4th, 2021 (the "Investment Agreement").
The aforementioned claim is totally baseless and without any merit and Fidessa is defending its interests vigorously.
Fidessa is taking immediate action to protect its interests and safeguard its reputation in all relevant jurisdictions.

NFI Announces Shareholder Approval of Private Placement of Common Shares

Retrieved on:

Tuesday, June 27, 2023

International investment agreement, TSX, CCM, OTC, NFI, Security (finance), Colosseum

WINNIPEG, Manitoba, June 27, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB, TSX: NFI.R) NFI Group Inc. (the “Company”), a leader in zero-emission electric mobility solutions, is pleased to announce that it has obtained the requisite shareholder approval for its previously announced private placement (the “Private Placement”) of common shares of the Company (“Shares”) pursuant to the terms of the investment agreement dated May 11, 2023, as amended (the “Investment Agreement”) with Coliseum Capital Management, LLC (“CCM”), a certain fund managed by CCM and an account managed by CCM (collectively, “Coliseum”), and as described in the Company’s management information circular dated May 26, 2023.

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WINNIPEG, Manitoba, June 27, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB, TSX: NFI.R) NFI Group Inc. (the “Company”), a leader in zero-emission electric mobility solutions, is pleased to announce that it has obtained the requisite shareholder approval for its previously announced private placement (the “Private Placement”) of common shares of the Company (“Shares”) pursuant to the terms of the investment agreement dated May 11, 2023, as amended (the “Investment Agreement”) with Coliseum Capital Management, LLC (“CCM”), a certain fund managed by CCM and an account managed by CCM (collectively, “Coliseum”), and as described in the Company’s management information circular dated May 26, 2023.
Under the Investment Agreement, Coliseum has agreed to purchase, subject to certain conditions, 21,656,624 Shares at a price per Share equal to US$6.1567 for aggregate gross proceeds to the Company of approximately US$133 million.
The requisite shareholder approval was obtained at the special meeting of the shareholders of the Company held earlier today.
The detailed results are set out below:

Hot Chili Limited Request for Trading Halt

Retrieved on:

Tuesday, June 27, 2023

Hot Chili, International investment agreement, Australian Securities Exchange, HCH, Techno-economic assessment, ASX, Letter, Atacama Region, Rare-earth element

PERTH, Australia , June 27, 2023 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") advises that, at the request of the company, its ordinary shares on the Australian Securities Exchange ("ASX") have been placed In a trading halt effective 27 June 2023.

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PERTH, Australia , June 27, 2023 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") advises that, at the request of the company, its ordinary shares on the Australian Securities Exchange ("ASX") have been placed In a trading halt effective 27 June 2023.
In its letter to the ASX, the Company noted that the request for the trading halt was made pending the release of an announcement by the company concerning a form of Investment Agreement and the results of a Preliminary Economic Assessment (Scoping Study) in relation to Its Coast Fuego copper-gold project in the coastal range of the Atacama Region, Chile.
The Company will remain in a temporary trading halt on the ASX until the earlier of the commencement of normal trading on 29 June 2023 or when the announcement Is released to the market.
This announcement is authorised by the Board of Directors for release to ASX and TSXV.

AirNet Announces Termination of Investment Agreement

Retrieved on:

Monday, June 26, 2023

AirNet Express, Share, Communication, Termination, International investment agreement, Form, Form 6-K, Investment, Cryptocurrency

BEIJING, June 26, 2023 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), today announced that it has entered into a termination agreement (the "Termination Agreement") on June 21, 2023 with Unistar Group Holdings Ltd. ("Unistar Group"), Northern Shore Group Limited ("Northern Shore"), Mr. Herman Man Guo, chairman of the Company, and Mrs. Dan Shao, chief executive officer of the Company to terminate the investment agreement (the "Investment Agreement") entered into among the parties on April 6, 2022 and the transactions contemplated thereunder.

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BEIJING, June 26, 2023 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), today announced that it has entered into a termination agreement (the "Termination Agreement") on June 21, 2023 with Unistar Group Holdings Ltd. ("Unistar Group"), Northern Shore Group Limited ("Northern Shore"), Mr. Herman Man Guo, chairman of the Company, and Mrs. Dan Shao, chief executive officer of the Company to terminate the investment agreement (the "Investment Agreement") entered into among the parties on April 6, 2022 and the transactions contemplated thereunder.
Pursuant to the Investment Agreement, the Company shall issue certain shares to Unistar Group and Northern Shore in exchange for the delivery and transfer of 5,000 ANTMINER S19 and 2,000 INNO A11 computer servers.
After deliberate communication, the parties have reached an agreement to terminate the Investment Agreement and the transactions contemplated thereunder.
Descriptions in this press release of the Termination Agreement, the terms and conditions thereof and the transactions contemplated thereunder are qualified in their entirety by reference to the Termination Agreement, a copy of which is attached as an exhibit to the Form 6-K furnished by the Company with the SEC on June 26, 2023 and incorporated herein by reference in its entirety.

Republic to Make US$5.25 Million Investment in INX and Enter into Collaboration Agreement as Part of Strategic Partnership to Maximize Growth of the Global Digital Asset Industry

Retrieved on:

Monday, June 19, 2023

Bitcoin, Ethereum, Partnership, Critical, ATS, INX, OTCQB, Decentralized finance, International investment agreement, Universal Motown Republic Group, Transaction, Market, Collaboration, NEO, Cryptocurrency, Security (finance), Creative industries, Republic

TORONTO, June 19, 2023 /PRNewswire/ -- The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) ("INX"), a US-regulated broker-dealer, ATS, and transfer agent, announced today that Republic ("Republic"), a global financial firm operating a digital merchant bank and a network of investment platforms, has entered into an agreement with INX (the "Investment Agreement") pursuant to which it will invest US$5.25 million in INX at an approximate US$50 million pre-money valuation (the "Transaction"). Following completion of the investment, Republic will own approximately 9.5% of the issued and outstanding shares of INX.

Key Points:

Following completion of the investment, Republic will own approximately 9.5% of the issued and outstanding shares of INX.
The partnership between Republic and INX is built on a foundation of shared values and a commitment to the democratization of finance across global markets.
"Through our collaboration with Republic as a strategic investor, we are creating a fertile environment for both traditional and digital assets to thrive."
For more information about INX and its novel trading and capital-raising financial instruments for enterprises and companies worldwide, visit https://www.inx.co/ .