Kyivstar Group files registration statement on Form F-4
Confident Investing Starts Here:
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
a day ago
- Business Wire
Almonty Announces Application to List on Nasdaq Capital Market Concurrent with Launch of U.S. Public Offering
TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (' Almonty ' or the ' Company ') (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI), a leading global producer of tungsten concentrate, is pleased to announce that it has filed a registration statement on Form F-10 (the ' Registration Statement '), including a preliminary short form base PREP prospectus prepared in accordance with National Instrument 44-101 – Short Form Prospectus Distributions and National Instrument 44-103 – Post-Receipt Pricing (the ' Preliminary Prospectus '), with the Ontario Securities Commission (the ' OSC '), the review jurisdiction in Canada, and the U.S. Securities and Exchange Commission (the ' SEC ') pursuant to the Canada/United States Multi-Jurisdictional Disclosure System in connection with a proposed underwritten public offering (the ' Offering ') of Almonty's common shares (' Common Shares ') in the United States. The Company intends to use the net proceeds of the Offering primarily to fund the development of its projected tungsten oxide facility and for working capital and other general corporate purposes. Lewis Black, Chief Executive Officer of Almonty, said: 'We are pleased to announce our application to list on the Nasdaq concurrent with a U.S. public offering, helping us to secure our position as a leading supplier of tungsten to the U.S. and its allies. As global geopolitical tensions continue to rise, we believe the demand and pricing outlook for tungsten could remain robust for some time. I look forward to continued operational execution in the months ahead as we strive to create sustainable, long-term value for my fellow shareholders.' The Common Shares are currently, and following the Offering will continue to be, listed on the Toronto Stock Exchange (the ' TSX ') and the Australian Securities Exchange (the ' ASX ') under the symbol 'All', and are, and will continue to be, traded on the Frankfurt Stock Exchange, and an application has been made to list the Common Shares on the Nasdaq Capital Market (the ' Nasdaq ') under the ticker 'ALM'. Upon and subject to receipt of all requisite approvals and the commencement of trading of the Common Shares on the NASDAQ, trading of the Common Shares on the OTCQX will cease. Trading of the Common Shares is expected to commence on the Nasdaq following the pricing of the Offering. The expected gross proceeds from the Offering are set out in the Registration Statement, but the number of Common Shares to be offered and the price range for the Offering have not yet been determined. The Offering is expected to be priced in the context of the market, with the final terms of the Offering to be determined at the time of pricing. Oppenheimer & Co. and Cantor are acting as Joint Bookrunners for the Offering. D.A. Davidson & Co. is acting as Lead Manager for the Offering and Scotiabank is acting as Co-Manager for the Offering. The Registration Statement relating to the Offering has been filed with the SEC but has not yet become effective. The Common Shares may not be sold, nor may offers to buy be accepted, prior to the time the Registration Statement becomes effective. The Registration Statement contains important information relating to the Common Shares and remains subject to completion or amendment. The Registration Statement can be found on SEDAR+ at and on EDGAR at Prospective investors located outside of Canada may request copies of the Registration Statement from the Company by telephone at +1 (647) 438-9766 or by email at info@ or from Oppenheimer & Co. Inc., Attention: Syndicate Prospectus Department, 85 Broad Street, 26th Floor, New York, NY 10004, or by telephone at (212) 667-8563, or by email at EquityProspectus@ Cantor Fitzgerald & Co., Attention: Capital Markets, 110 East 59th Street, 6th Floor, New York, New York 10022, or by email at prospectus@ D.A. Davidson & Co., 757 Third Avenue, Suite 1902, New York, New York 10017, or by email at prospectusrequest@ or Scotia Capital (USA) Inc., 250 Vesey Street, 24th Floor, New York, NY 10281, Attention: Equity Capital Markets, or by telephone at (212) 255-6854, or by email at or Scotiabank in Canada, 40 Temperance Street, 6th Floor, Toronto, Ontario M5H 0B4, Attention: Equity Capital Markets, by email at equityprospectus@ or by telephone at (416) 863-7704. Prospective investors should read the Registration Statement and the other documents the Company has filed before making an investment decision. No regulatory authority has either approved or disapproved the contents of this news release. This news release does not constitute an offer to sell or the solicitation of an offer to buy Common Shares, nor shall there be any sale of Common Shares in any state, province, territory or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state, province, territory or jurisdiction. The Offering will be made in the United States only by means of the Registration Statement. Any offering of the Common Shares in other jurisdictions will be made on a private placement basis in accordance with applicable laws. Any offers, solicitations or offers to buy, or any sales of Common Shares will be made in accordance with the requirements of the Securities Act of 1933, as amended, and otherwise in accordance with applicable securities laws in any other jurisdiction The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. The closing of the Offering will be subject to customary closing conditions. About Almonty Almonty is a diversified and experienced global producer of tungsten concentrate in conflict-free regions. The Company is currently mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. Its Sangdong Mine in Gangwon Province, South Korea is currently under construction. The Sangdong Mine was historically one of the largest tungsten mines in the world and one of the few long-life, high-grade tungsten deposits outside of China, Almonty also has a significant molybdenum resource on a separate property adjacent to the tungsten orebody at the Sangdong Mine. Additional development projects include the Valtreixal Project in northwestern Spain and Los Santos Mine in western Spain. Further information about Almonty's activities may be found at and under Almonty's profile at and Legal Notice The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions. Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Information This news release contains 'forward-looking statements' and 'forward-looking information' within the meaning of applicable securities laws. All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as 'plan', 'development', 'growth', 'continued', 'intentions', 'expectations', 'emerging', 'evolving', 'strategy', 'opportunities', 'anticipated', 'trends', 'potential', 'outlook', 'ability', 'additional', 'on track', 'prospects', 'viability', 'estimated', 'reaches', 'enhancing', 'strengthen', 'target', 'believes', 'next steps' or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements concerning the Offering and the anticipated timing thereof, the pricing of the Common Shares to be issued in the Offering, the approval for and timing of any listing of the Common Shares on the Nasdaq, the use of proceeds, the continued listing of the Common Shares on the TSX and the ASX and trading on the Frankfurt Stock Exchange, the demand and pricing outlook for tungsten, the Company's position as a leading supplier of tungsten to the U.S. and its allies, and the creation of sustainable, long-term shareholder value. Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate. Key assumptions upon which the Company's forward-looking information is based include, without limitation, the absence of market conditions that could adversely impact the Offering or the intended listing of the Common Shares on the Nasdaq; the satisfaction of all listing requirements of the Nasdaq and continued listing requirements of the TSX and ASX; the achievement of any closing conditions to the Offering; and the absence of material adverse changes in the Company's industry or the global economy including interest rates, inflationary pressures, supply chain disruptions, and commodity market volatility. Forward-looking statements are also subject to risks and uncertainties facing the Company's business, including, without limitation, the risks and uncertainties identified in the Preliminary Prospectus; risks relating to the Offering not being completed in a timely manner or at all, including due to unfavourable market or other conditions or factors; risks related to the receipt (or failure to receive) the regulatory approvals required in connection with the Offering and the timing of receipt of such approvals; the possibility that the other approvals for or conditions to the Offering will not be received or satisfied on a timely basis or at all; changes in the anticipated timing for closing the Offering; business disruption during the pendency of or following the Offering; diversion of management time on Offering-related issues; the ability to retain members of Almonty's management team; the impact of the Offering on relationships with customers, suppliers, employees and other business counterparties; risks related to the reaction of customers, shareholders and members of the public to the Offering; and other events that could adversely impact the completion of the Offering, including industry or economic conditions outside of Almonty's control. In particular, Almonty can offer no assurances that the Offering will occur at all, or that any such transaction or transactions will occur on the timelines, in the manner or on the terms anticipated by Almonty. Any of these risks could have a material adverse effect on the Company's business, financial condition, results of operations and growth prospects. Readers should consider reviewing the detailed risk discussion in the Company's Registration Statement, the most recent Annual Information Form and the amended Management Discussion and Analysis for the three months ended March 31, 2025 filed on SEDAR+, for a fuller understanding of the risks and uncertainties that affect the Company's business and operations. Although Almonty has attempted to identify important factors that could cause actual results, level of activity, performance or achievements to differ materially from those contained in forward-looking statements, there may be other factors that cause results, level of activity, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and even if events or results described in the forward-looking statements are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Almonty. Accordingly, readers should not place undue reliance on forward-looking statements and are cautioned that actual outcomes may vary. Investors are cautioned against attributing undue certainty to forward-looking statements. Almonty cautions that the foregoing list of material factors is not exhaustive. When relying on Almonty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Almonty has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
Business Wire
a day ago
- Business Wire
Globalstar Signs Launch Services Agreement with SpaceX
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces that the Company has signed an agreement with SpaceX for a Falcon 9 launch for the next set of satellites, pursuant to the 2022 satellite procurement agreement with MDA. As previously disclosed, these satellites will provide continuous satellite services in combination with the existing second-generation satellites in operation today. Globalstar expects the launch will take place next year following the initial launch this year. These satellites have been authorized by the Federal Communications Commission to operate under Globalstar's HIBLEO-4 filing for a renewed 15-year term. Globalstar CEO Dr. Paul Jacobs stated 'The launch services agreement with SpaceX represents another important milestone as we continue to execute on our construction and launch plan. These satellites, constructed by our partners at MDA and Rocket Lab, will enhance our ability to provide the highest quality satellite services to our customers over the long-term.' About Globalstar, Inc. Globalstar empowers its customers to connect, transmit, and communicate smarter – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. The Company's low Earth orbit ("LEO") satellite constellation ensures secure data transmission for connecting and protecting assets, transmitting critical operational data, and saving lives for consumers, businesses, and government agencies across the globe. Globalstar's terrestrial spectrum, Band 53, and its 5G variant, n53, offer carriers, cable companies, and system integrators a versatile, fully licensed channel for private networks with a growing ecosystem to improve customer wireless connectivity, while Globalstar's XCOM RAN product offers significant capacity gains in dense wireless deployments. In addition to SPOT GPS messengers, Globalstar offers next-generation Internet of Things ("IoT") hardware and software products for efficiently tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions to drive safety, productivity, and profitability. For more information, visit
Business Insider
2 days ago
- Business Insider
I'm a CEO running an 8-figure AI company. I'm also an extreme procrastinator — and I think that's a good thing.
This as-told-to essay is based on a transcribed conversation with Richard White, CEO of AI note-taking company Fathom. The following has been edited for length and clarity. Everyone talks about procrastination as a personal failing. I disagree. I'm an extreme procrastinator, and I've been building successful companies, like UserVoice and, most recently, Fathom, for 15 years. It's been one of my greatest assets as an entrepreneur. I see procrastination as ruthless prioritization in disguise. Consider procrastination as data collection Procrastination is a way to gather more information before making critical decisions. When I delay a choice, I'm not being lazy; I'm waiting for the optimal moment when I have enough data to make the right call. In college, I judged the size of a project and left it to the last achievable minute. I might have frustrated my peers or not gotten the most out of every seminar, but I'd do exactly what was needed and nothing more. Since then, I've learned to be more thoughtful about my approach. I used this philosophy to build Fathom, which now has an eight-figure valuation. We started building the company in 2020. Instead of rushing to market with whatever technology was available, we waited. We gathered data. We watched AI capabilities evolve. For example, prior to the rollout of GPT-4 and Claude 2, Fathom would yield basic call summaries. When GPT-4 was made available, we saw its capabilities and knew concerted investment on our side would yield massive gains. It was a foundation for our more advanced call summary features, and any earlier investment wouldn't have been as useful to our company. The same principle applies to my personal life. I plan trips at the last minute because I want to see what opportunities emerge, what's actually happening in my life, and what I might miss out on if I commit too early. In other work environments or even relationships, being a procrastinator can annoy people. However, the real and most common downside of procrastinating is underestimating the effort required and starting something too late to meet the deadline. As a CEO, I get to define the deadlines or, in our case, create a deadline-free environment. Urgent matters to trump important matters I've adopted an unfashionable approach for a CEO: urgent trumps important. This keeps our entire company moving forward without anyone waiting on me to make progress. It means that sometimes important but non-urgent things languish. I tell my team that if something's truly important, they should keep tagging me until I respond. This creates a culture where people at all levels in the company can advocate for what matters, and truly important tasks don't get lost. I've developed what I call the "Jenga model" for running my company. Like the game, when a piece looks too difficult or risky to move, I leave it and come back to it later. I can think about a problem and then put it back down without fear. Months later, I'll pick it up again, and suddenly, the answer falls right out. I'll prioritize problems that will get bigger with time, such as making an important product change, as well as problems where the solutions are low stakes or reversible. Higher-stakes decisions that are non-reversible should be deferred to gather data as long as possible, or broken out into lower-stakes decisions that help gather data to inform the larger issue. For product development, we circulate ideas internally while waiting for technological improvements. We don't rush features to market. Instead, we wait for the AI to get better, watch for what could go wrong, and optimize our timing. I don't think I have ever missed out on an opportunity. The reality in startups is that few things have a "hard" deadline. Implementing a deadline-free environment at Fathom means there hasn't been much negative feedback on this model. My team understands what we're prioritizing versus what we're doing later. CEOs need to play to their strengths Working alongside great entrepreneurs over the years has taught me that you can't build something around yourself that doesn't play to your strengths. My strength isn't planning or rigid schedules. My strength is recognizing optimal timing, gathering information, and making high-impact decisions. I delegate open-ended goals to my teams rather than micromanaging tasks. I encourage people at every level to make decisions. Most people think efficiency means doing things as quickly as possible. I think efficiency means doing things at the right time. You might be wrong about when something is needed or the time cost of execution, but that's the risk you take using your best collective judgment. This mindset has served Fathom incredibly well. We're exploring ways to use AI to take better notes, reduce unnecessary meetings, and democratize information sharing within companies. The next time someone tells you that procrastination is holding you back, ask yourself: Are you really procrastinating, or are you waiting for better information? Are you being lazy, or are you being strategically patient? Sometimes the best thing you can do is put the problem down and come back to it when you can solve it easily and effectively.
