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COMMUNIQUÉ DE PRESSE
EQS-Adhoc: SAP SE: SAP Updates its Ambition 2025 and Announces Transformation Program for 2024
SAP SE has announced a company-wide transformation program for 2024, including a restructuring plan and updates to its ambition for 2025. The update reflects the strong performance in the fourth quarter of 2023 and includes the updated non-IFRS definition of profit measures, as well as anticipated benefits from the new program. The transformation program will focus on scalability of operations and key strategic growth areas, with a significant focus on Business AI. The restructuring program is expected to cover approximately 8,000 positions, with restructuring expenses projected around €2 billion. The financial outlook for 2024 includes expectations of increased cloud revenue and non-IFRS operating profit. SAP will discuss these developments in detail during its financial analyst conference call on January 24th, 2024. -
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ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Dada Nexus Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - DADA
Rosen Law Firm, a globally recognized investor rights law firm, reminds investors of the important deadline in the securities class action lawsuit against Dada Nexus Limited. Investors who purchased Dada securities during the specified period may be entitled to compensation and are encouraged to seek qualified counsel. The lawsuit alleges that Dada made materially false and misleading statements, leading to damages for investors. For more information and to join the class action, visit the Rosen Law Firm website. -
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North Shore Uranium Adopts Advance Notice Policy
North Shore Uranium Ltd. adopts advance notice policy for board of director nominations. The policy specifies deadlines and requirements for shareholder submissions and will be presented for shareholder approval in 2024. For more information, visit the Company's SEDAR+ profile at www.sedarplus.ca. -
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ROSEN, LEADING TRIAL ATTORNEYS, Encourages Fisker Inc. Investors with Losses to Secure Counsel Before Important January 26 Deadline in Securities Class Action - FSR
The Rosen Law Firm, a global investor rights law firm, is encouraging Fisker Inc. investors with losses to secure counsel before the important January 26, 2024 deadline in the securities class action. Investors may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. To join the class action, individuals can visit the Rosen Law Firm website or contact their legal team. The lawsuit claims that investors suffered damages due to materially false and/or misleading statements by the defendants. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. -
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Planet 13 Provides Further Update Regarding Access to Certain Cash Accounts
Planet 13 Holdings Inc., a leading vertically-integrated multi-state cannabis company, provides an update on the ongoing litigation involving Casa Verde Capital, El Capitan Advisors, and the Orange County Sheriff's Office. The company has secured a partial settlement and initiated a lawsuit in California seeking compensatory damages over a misappropriation of funds managed by El Capitan. Despite the near-term expenses, Planet 13 anticipates minimal impact on its ongoing business operations and liquidity requirements. Legal counsel has been engaged, and an internal investigation is ongoing. The company is committed to reclaiming the entrusted funds through all available means and cooperation with law enforcement. However, the potential actions by regulatory authorities remain uncertain. Planet 13's shares trade on the Canadian Securities Exchange (CSE) under the symbol PLTH and are quoted on the OTCQX under the symbol PLNH. -
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Meta Materials Announces Distribution of Series C Preferred Stock to Holders of its Common Stock
Meta Materials Inc. (Nasdaq:MMAT) has announced the distribution of newly designated Series C Preferred Stock to shareholders of record as of February 2, 2024. The shares will vote on specific proposals and will be discussed further in a Current Report on Form 8-K. Additionally, the Company plans to file a notice of special meeting of the stockholders and a preliminary proxy statement for approval of an increase in authorized shares. -
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SWK Holdings Highlights Recent Achievements and Provides Portfolio Update
SWK Holdings Corporation provided a corporate progress update and summarized the achievements of its borrower partners, closing approximately $60 million of financings with $55 million deployed in the fourth quarter of 2023. The portfolio of life science finance receivables grew to an all-time high as of December 31, 2023, positioning the company for sustained growth and positive returns to shareholders through selective investment in innovative life science companies. -
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Metamaterial Exchangeco Inc. Announces Share Consolidation
Metamaterial Exchangeco Inc., a subsidiary of Meta Materials Inc., has announced a share consolidation of its issued Exchangeable Shares in connection with the consolidation of the common shares of Meta Materials Inc. The consolidation is subject to the approval of the Canadian Securities Exchange and is expected to commence trading on January 29, 2024, under the symbol 'MMAX'. For further details, investors can contact Rob Stone, Vice President, Corporate Development and Communications at ir@metamaterial.com. -
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Meta Materials Announces 1-for-100 Reverse Stock Split to Regain Nasdaq Compliance
Meta Materials Inc. (Nasdaq:MMAT) announces a 1-for-100 reverse stock split to take effect from January 29, 2024, aiming to regain compliance with Nasdaq listing requirements. The reverse stock split will reduce the number of outstanding shares and alter the stock's trading value. This strategic move is part of the company's effort to improve performance and maintain its listing on the Nasdaq Capital Market.
