DIH

DIH Appoints Anthony Pratt as Vice President of Commercial for the Americas

Retrieved on: 
Monday, April 15, 2024
Virtual reality, Commercial, Intuitive Surgical, DIH, Robotics, Rehabilitation

NORWELL, Mass., April 15, 2024 (GLOBE NEWSWIRE) -- DIH Holding US, Inc. (“DIH”)(NASDAQ:DHAI), a leading global robotics and virtual reality (“VR”) technology provider in the rehabilitation and human performance industry, today announced the appointment of Mr. Anthony Pratt as Vice President of Commercial for the Americas.

Key Points: 
  • NORWELL, Mass., April 15, 2024 (GLOBE NEWSWIRE) -- DIH Holding US, Inc. (“DIH”)(NASDAQ:DHAI), a leading global robotics and virtual reality (“VR”) technology provider in the rehabilitation and human performance industry, today announced the appointment of Mr. Anthony Pratt as Vice President of Commercial for the Americas.
  • As the newly appointed Vice President of Commercial, Mr. Pratt will play a critical role in overseeing business operations in the Americas, where he is expected to broaden the DIH footprint, strengthen market position, and foster thought-leadership with key industry partners.
  • “We are thrilled to welcome Mr. Pratt to our team,” said Dr. Patrick Bruno, Chief Market Officer of DIH.
  • Additionally, Mr. Pratt assumed selected investor relations responsibilities at Ekso Bionics’ and served on its Board of Directors.

Wolf Popper LLP Announces Investigations on Behalf of Investors in Materially Underperforming Special Purpose Acquisition Companies

Retrieved on: 
Thursday, April 4, 2024
Bitcoin, CLIN, Dynamics, SNTI, BTM, Acquisition, IPO, GSR, Advertising, DYNS, ATAK, DIH, Cryptocurrency

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential claims on behalf of investors in the following Special Purpose Acquisition Companies (SPAC).

Key Points: 
  • NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential claims on behalf of investors in the following Special Purpose Acquisition Companies (SPAC).
  • Wolf Popper is investigating whether the SPACs and their executives made materially false or misleading statements or omitted material information regarding the companies’ businesses, operations, and prospects.
  • On May 25, 2021, Dynamics Special Purpose Corp. (NASDAQ: DYNS) held its initial public offering (IPO) at $10.00 per share and raised $200 million.
  • On February 7, 2022, Aurora Technology Acquisition Corp. (NASDAQ: ATAK) held its IPO at $10.00 per share and raised $200 million.

DIH Reports First Half Fiscal 2024 Financial Results

Retrieved on: 
Tuesday, February 20, 2024
Research, ATAK, Growth, Virtual reality, Rehabilitation, Robotics, DIH, Cryptocurrency

NORWELL, Mass., Feb. 20, 2024 (GLOBE NEWSWIRE) -- DIH Holding US, Inc. ("DIH")(NASDAQ:DHAI), a leading global robotics and virtual reality (“VR”) technology provider in the rehabilitation and human performance industry, today reported financial results for the six months ended September 30, 2023.

Key Points: 
  • NORWELL, Mass., Feb. 20, 2024 (GLOBE NEWSWIRE) -- DIH Holding US, Inc. ("DIH")(NASDAQ:DHAI), a leading global robotics and virtual reality (“VR”) technology provider in the rehabilitation and human performance industry, today reported financial results for the six months ended September 30, 2023.
  • The overall increase was primarily due to a net increase in devices sold of $9.0 million, or 73.9%, which consisted of an increase in sales to third-party customers.
  • The increase in devices revenue was driven by higher sales volume in Europe, the Americas and Asia.
  • As of September 30, 2023 DIH’s cash and cash equivalents amounted to $2.0 million.

Expanded Orange Partner Program empowers insurance distribution with premier solutions for carriers, MGAs and agencies

Retrieved on: 
Wednesday, February 14, 2024
Dark, DNA, MGA, API, Partnership, P&C, Fintech, Automation, Dark matter, Machine learning, Acceleration, DIH, Insurance

DENVER, Feb. 14, 2024 /PRNewswire/ -- Vertafore®, the leader in modern insurance technology, today announced nine new InsurTechs and solution providers joined its industry-leading Orange Partner Program. Now encompassing 60 partners, the program is the industry's most robust network, offering agencies, carriers and MGAs access to solutions and services that complement the Vertafore technologies they rely on every day.  

Key Points: 
  • DENVER, Feb. 14, 2024 /PRNewswire/ -- Vertafore ®, the leader in modern insurance technology, today announced nine new InsurTechs and solution providers joined its industry-leading Orange Partner Program.
  • Expanded Orange Partner Program empowers insurance distribution with premier solutions for carriers, MGAs and agencies
    Orange Partners are vetted to confirm they meet Vertafore's rigorous standards.
  • Through its consumer consent-driven data sharing technology and secure cloud infrastructure, Canopy Connect helps insurance agencies deliver intelligent insurance services.
  • Catalyit combines the best minds with the best tools to advocate for independent agencies' needs while helping agencies implement their Vertafore solutions.

DIH Announces $1.5 million Private Placement Financing from OrbiMed

Retrieved on: 
Friday, February 9, 2024
DIH, OrbiMed, SAN, Virtual reality, Sale, Rehabilitation

and SAN FRANCISCO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- DIH Holding US, Inc. (Nasdaq: DHAI), a leading global robotics and virtual reality (“VR”) technology provider in the rehabilitation and human performance industry, today announced a private placement of common stock resulting in gross proceeds of $1.5 million.

Key Points: 
  • and SAN FRANCISCO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- DIH Holding US, Inc. (Nasdaq: DHAI), a leading global robotics and virtual reality (“VR”) technology provider in the rehabilitation and human performance industry, today announced a private placement of common stock resulting in gross proceeds of $1.5 million.
  • OrbiMed, an existing shareholder in DIH Technologies, was the sole participant in the financing.
  • “We are thrilled to partner with OrbiMed, a long-term private investor in DIH, in advance of our initial trading day as a public company.
  • This financing will provide additional working capital for the expansion of our global commercial strategy and growth initiatives,” said Jason Chen, Chairman and Chief Executive Officer of DIH.

DIH Holding US, Inc. Closes Business Combination with Aurora Technology Acquisition Corporation; Announces Updated Date for Commencement of Trading

Retrieved on: 
Wednesday, February 7, 2024
Robotics, SAN, Virtual reality, ATAK, Warrant, Patient, DIH, Disability, Acquisition, Business analyst, LLP, VR, Rehabilitation, Management

and SAN FRANCISCO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- DIH Holding US, Inc., a leading global robotics and virtual reality (“VR”) technology provider in the rehabilitation and human performance industry, today announced that it has completed its business combination with Aurora Technology Acquisition Corp. (NASDAQ: ATAK) (“ATAK”), a publicly-traded special purpose acquisition company (“SPAC”).

Key Points: 
  • and SAN FRANCISCO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- DIH Holding US, Inc., a leading global robotics and virtual reality (“VR”) technology provider in the rehabilitation and human performance industry, today announced that it has completed its business combination with Aurora Technology Acquisition Corp. (NASDAQ: ATAK) (“ATAK”), a publicly-traded special purpose acquisition company (“SPAC”).
  • DIH will use the cash from the business combination to grow a strategic market base and expand its position as the leading global provider of robotic and VR-enabled rehabilitation technology.
  • DIH’s Class A common stock and Warrants will begin trading on the Nasdaq Global Market (NasdaqGM) and Nasdaq Capital Market (NasdaqCM), respectively, on February 9, 2024.
  • Loeb & Loeb LLP is serving as legal counsel for DIH, and Dentons U.S. LLP is serving as legal counsel for ATAK.

Synatic Joins Vertafore’s Orange Partner Program

Retrieved on: 
Tuesday, January 30, 2024
Partnership, Policy, API, DIH, P&C, Automation, AMS, CRM, Insurance, Sales

NEWARK, Del., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Synatic , a data integration and automation leader, is proud to announce the company is now a part of the Vertafore ® Orange Partner Program, creating a partnership that allows Vertafore customers to maximize the data within existing management solutions.

Key Points: 
  • NEWARK, Del., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Synatic , a data integration and automation leader, is proud to announce the company is now a part of the Vertafore ® Orange Partner Program, creating a partnership that allows Vertafore customers to maximize the data within existing management solutions.
  • The inclusion of Synatic in Vertafore’s Orange Partner Program is much-appreciated recognition of the success of our cloud-based solutions in integrating data for Vertafore clients.
  • The program leverages Vertafore’s open platform and APIs to create integrations with best-in-class solutions, such as Synatic.
  • “We are pleased to now be able to welcome Synatic into the Orange Partner Program officially and to make Synatic’s Data Integration Hub (DIH) even more widely available to our customer base.”

Elevar Therapeutics To Present Two Posters From Phase 3 CARES-310 Study at 2024 ASCO Gastrointestinal Cancers Symposium

Retrieved on: 
Thursday, January 18, 2024
CP, Patient, Therapy, Sorafenib, PD-1, ASCO, Survival, Society, Camrelizumab, Quality of life, Hepatocellular carcinoma, Food, DIH, Hepatotoxicity, FDA, PDUFA, TKI, Moscone Center

ASCO GI will be held Jan. 18-20, 2024, at the Moscone Convention Center (West) in San Francisco, and online.

Key Points: 
  • ASCO GI will be held Jan. 18-20, 2024, at the Moscone Convention Center (West) in San Francisco, and online.
  • Elevar’s poster presentations are:
    Abstract Title: Impact of baseline liver function on survival outcomes in patients with unresectable hepatocellular carcinoma (uHCC) treated with camrelizumab + rivoceranib vs sorafenib: A post hoc analysis of study CARES-310.
  • The results of this post-hoc analysis may have implications for selection of initial and subsequent therapies for uHCC patients.
  • The FDA assigned Prescription Drug User Fee Act (PDUFA) target action dates in May 2024.

Rehabilitation Robots Market size to increase by USD 1.95 billion during 2022-2027; Rising instances of strokes, injuries, and neurological diseases to drive the growth - Technavio

Retrieved on: 
Tuesday, January 16, 2024
Injury, Virtual reality, Cyberdyne Inc., DSM-IV codes, Growth, Diligence, Stroke, DIH, FE, Prevalence, Senior, Artificial intelligence, Rehabilitation, UERR, TRR, KUKA, Hospital, MossRehab, Request, ABB, YOY, USD, Robotics, Free, Nature, Ageing, Tetraplegia, Health care

NEW YORK, Jan. 16, 2024 /PRNewswire/ -- The rehabilitation robots market size is expected to grow by USD 1.95 billion between 2022 and 2027.

Key Points: 
  • NEW YORK, Jan. 16, 2024 /PRNewswire/ -- The rehabilitation robots market size is expected to grow by USD 1.95 billion between 2022 and 2027.
  • The rise in mobility-affecting conditions like strokes, spinal cord injuries, and neurological disorders drives the market for rehabilitation robots.
  • For additional data on Market Size (2017) Historic Year, Market Size - Forecasted Year, Historic Opportunity (2017-2021), Historic CAGR, Forecasted Opportunity (2023-2027), Market Opportunity Transformation Growth, and Market Opportunity Capitalization.
  • The Global Packaging Robots Market size is estimated to grow at a CAGR of 10.33% between 2022 and 2027 and the size of the market is forecast to increase by USD 8.49 billion.

Synatic and Certificial Announce Partnership to Empower Independent Agents

Retrieved on: 
Thursday, October 26, 2023
Insurance, Business development, COI, Organization, Maintenance, Data, DIH, Partnership, Mobile phone

As the traditionally paper-based insurance industry moves away from manual processes, there is an increasing demand for organized digital data.

Key Points: 
  • As the traditionally paper-based insurance industry moves away from manual processes, there is an increasing demand for organized digital data.
  • Through this partnership, insurance agencies and brokers can utilize the integration to automate certificate issuance operations, greatly reducing overhead.
  • Synatic and Certificial have come together to offer this service to the insurance industry at no cost.
  • “The mission of Certificial and Synatic are very complementary,” said Peter Teresi, CEO & Co-Founder of Certificial.