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Business Wire
25-06-2025
- Business
- Business Wire
ORIX Submits Form 20-F for Filing for the Fiscal Year Ended March 31, 2025
TOKYO--(BUSINESS WIRE)--ORIX Corporation (TOKYO: 8591; NYSE: IX; ISIN:JP3200450009) has submitted its annual Form 20-F for the fiscal year ended March 31, 2025 to the U.S. Securities and Exchange Commission on June 24, 2025. Please find online versions of the file available for download, as well as a link to the SEC EDGAR format, on ORIX's website at: ORIX also provides hard copies of the completed audited financial statements free of charge to our shareholders upon request. To receive a copy, please fill out and submit an 'Investor Information Request Form' available at: About ORIX Group: ORIX Group (ORIX Corporation TOKYO: 8591; NYSE: IX) was established in 1964 and has grown from its roots in leasing in Japan to become a global, diverse, and unique corporate group. Today, it is active around the world in financing and investment, life insurance, banking, asset management, real estate, concession, environment and energy, automobile-related services, industrial/ICT equipment, ships and aircraft. Since expanding outside of Japan in 1971, ORIX Group has grown its business globally and now operates in around 30 countries and regions across the world with approximately 34,000 people. ORIX Group unites globally around its Purpose: 'Finding Paths. Making Impact.' combining diverse expertise and innovative thinking to help our world develop in a sustainable way. For more details, please visit our website: (As of March 31, 2025) Caution Concerning Forward Looking Statements: These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results that differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under 'Risk Factors' in the Company's annual report on Form 20-F filed with the United States Securities and Exchange Commission and under '(4) Risk Factors' of the '1. Summary of Consolidated Financial Results' of the 'Consolidated Financial Results April 1, 2024 – March 31, 2025' furnished on Form 6-K.
Business Wire
24-06-2025
- Business
- Business Wire
SINOVAC Board of Directors Files Investor Presentation Outlining Decisive Actions to Protect Shareholder Interests
BEIJING--(BUSINESS WIRE)--The Board of Directors of SINOVAC Biotech Ltd. (NASDAQ: SVA) (' SINOVAC ' or the ' Company '), a leading provider of biopharmaceutical products in China, today announced it has filed an investor presentation with the U.S. Securities and Exchange Commission (SEC) as a Form 6-K and launched a website, with important information and resources in connection with the upcoming Special Meeting of Shareholders (the 'Special Meeting') to be held on Wednesday, July 9, 2025 at 8:00 a.m. China Standard Time (Tuesday, July 8, 2025 at 8:00 p.m. Atlantic Standard Time). The presentation outlines the decisive actions taken by the current SINOVAC Board to restore fairness and deliver value to all SINOVAC shareholders, end years of governance failures committed by the Imposter Former Board, and set the Company on a path of renewed growth and accountability, while countering the false and destructive claims made by Advantech/Prime Success ('Advantech/Prime') and Vivo Capital (together known as the 'Dissenting Investor Group'), whose self-serving actions have repeatedly undermined SINOVAC common shareholders' interests. Key elements of the presentation include: The SINOVAC Board's demonstrated commitment to return up to US$138.73 per common share 1 in dividends to common shareholders since it was installed by the Privy Council ruling, and in accordance with Antiguan law, just four short months ago, compared to the Imposter Former Board's failure to declare any dividends to common shareholders during its seven-year tenure. The SINOVAC Board's steadfast efforts to protect the rights of all SINOVAC common shareholders by countering frivolous lawsuits filed by the Dissenting Investor Group and ensuring that valid shareholders receive their fair share of distributions. The SINOVAC Board's strategic realignment for shareholder value creation to unwind years of self-dealing, regain compliance with NASDAQ listing standards and resume trading, and explore a potential future listing of SINOVAC's shares on the Stock Exchange of Hong Kong to promote liquidity, while executing on its global growth strategy to deliver shareholder value. In contrast, the Dissenting Investor Group has a demonstrated track record of misleading claims and exploitation, including through failed privatization attempts at below-market prices, self-dealing transactions, and its current attempts to block rightful dividend payments to SINOVAC's common shareholders. In the latest example of its attempts to mislead SINOVAC shareholders, just last weekend, Advantech/Prime issued a press release characterizing its resounding defeat in its New York lawsuit as a win. The reality is its petition was swiftly denied by the Court, marking a strong win for the SINOVAC Board. In the same press release, the Dissenting Investor Group also incorrectly stated that its right to vote at the Special Meeting had been confirmed by the courts. Your Vote is Important Your vote on or before July 8 will be about the future of SINOVAC, your receipt of your make-whole dividend payments in the near-term, and the long-term value of your investment. We urge you to keep SINOVAC's Board in place and vote on the WHITE proxy card ' AGAINST ' Proposal 1 to remove the current Board and ' AGAINST ' Proposal 2 to appoint the Reconstituted Imposter Board Slate. Your vote is critical to ensuring that SINOVAC remains on the path to stability, growth, and value creation for all shareholders. DISCARD any items you received asking you to vote for the Reconstituted Imposter Former Board Slate. If you have already voted for the Reconstituted Imposter Former Board Slate, you can subsequently revoke it by using the WHITE proxy card or WHITE voting instruction form to vote. Only your latest-dated vote will count! If you have questions about how your vote can be counted, please contact our proxy solicitor, Georgeson LLC, toll free at (844) 568-1506 in the U.S and (646) 543-1968 outside the U.S. or via email at SinovacSpecialMeeting@ About SINOVAC Sinovac Biotech Ltd. (SINOVAC) is a China-based biopharmaceutical company that focuses on the R&D, manufacturing, and commercialization of vaccines that protect against human infectious diseases. SINOVAC's product portfolio includes vaccines against COVID-19, enterovirus 71 (EV71) infected Hand-Foot-Mouth disease (HFMD), hepatitis A, varicella, influenza, poliomyelitis, pneumococcal disease, etc. The COVID-19 vaccine, CoronaVac®, has been approved for use in more than 60 countries and regions worldwide. The hepatitis A vaccine, Healive®, passed WHO prequalification requirements in 2017. The EV71 vaccine, Inlive®, is an innovative vaccine under "Category 1 Preventative Biological Products" and commercialized in China in 2016. In 2022, SINOVAC's Sabin-strain inactivated polio vaccine (sIPV) and varicella vaccine were prequalified by the WHO. SINOVAC was the first company to be granted approval for its H1N1 influenza vaccine Panflu.1®, which has supplied the Chinese government's vaccination campaign and stockpiling program. The Company is also the only supplier of the H5N1 pandemic influenza vaccine, Panflu®, to the Chinese government stockpiling program. SINOVAC continually dedicates itself to new vaccine R&D, with more combination vaccine products in its pipeline, and constantly explores global market opportunities. SINOVAC plans to conduct more extensive and in-depth trade and cooperation with additional countries, and business and industry organizations. Important Additional Information and Where to Find It In connection with SINOVAC's Special Meeting, SINOVAC has filed with the U.S. Securities and Exchange Commission ('SEC') and mailed to shareholders of record entitled to vote at the Special Meeting a definitive proxy statement and other documents, including a WHITE proxy card. SHAREHOLDERS ARE ENCOURAGED TO READ THE PROXY STATEMENT AND ALL OTHER RELEVANT DOCUMENTS WHEN FILED WITH THE SEC AND WHEN THEY BECOME AVAILABLE BECAUSE THOSE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION. Investors and other interested parties will be able to obtain the documents free of charge at the SEC's website, or from SINOVAC at its website: You may also obtain copies of SINOVAC's definitive proxy statement and other documents, free of charge, by contacting SINOVAC's Investor Relations Department at ir@ Safe Harbor Statement This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'may,' 'will,' 'expect,' 'anticipate,' 'aim,' 'estimate,' 'intend,' 'plan,' 'believe,' 'potential,' 'continue,' 'is/are likely to' or other similar expressions. Such statements are based upon current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's or Board's control, which may cause actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company and Board do not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
Yahoo
12-06-2025
- Business
- Yahoo
GCL Announces Subsidiary's Intention to Exercise Right of Compulsory Acquisition in relation to the Offer for Ban Leong Technologies Limited and Subsequent Delisting
As of 6.00 p.m. (Singapore time) on June 12, 2025, GCL's indirect subsidiary, Epicsoft Asia Pte. Ltd. (the 'Offeror') owns, controls, or has agreed to acquire an aggregate of 100,167,499 Shares representing approximately 92.92% of the total number of issued Shares of Ban Leong Technologies Limited. SINGAPORE, June 12, 2025 (GLOBE NEWSWIRE) -- GCL Global Holdings Ltd (NASDAQ: GCL) ('GCL'), a leading provider of games and entertainment and the indirect parent company of the Offeror, today announced that the Offeror has successfully garnered acceptances exceeding 90% of the total number of issued Shares (excluding Shares held in treasury) (the 'Announcement'). As of 6.00 p.m. (Singapore time) on June 12, 2025, GCL's indirect subsidiary, the Offeror owns, controls, or has agreed to acquire an aggregate of 100,167,499 Shares representing approximately 92.92% of the total number of issued Shares of Ban Leong Technologies Limited ('Ban Leong'). Consequently, the Offeror is entitled to, and intends to, exercise its right to compulsorily acquire all the Offer Shares not acquired under the Offer. The Offeror will despatch to the Shareholders who have not accepted the Offer ("Dissenting Shareholders") the relevant documentation in relation to the exercise of its right of compulsory acquisition, together with the prescribed notice under the Companies Act 1967 of Singapore, in due course. Subsequent to such compulsory acquisition, the Offeror will proceed to delist Ban Leong from the Singapore Stock Exchange. LOOKING AHEAD As stated in the Offer Document dated May 21, 2025, the acquisition is expected to create potential synergies through economies of scale and improved operational efficiencies. It is also expected to enable new revenue streams, introduce additional sales channels, and enhance both companies' brand positioning within an integrated gaming ecosystem. Following the completion of the Offer, GCL will explore opportunities to align with Ban Leong's marketing and procurement strategies in the consumer electronics and gaming hardware sectors. This may include initiatives such as leveraging Ban Leong's industry relationships, exploring B2C sales opportunities for gaming peripherals and PC components that complement GCL's gaming content, and evaluating the feasibility of introducing branded gaming devices pre-installed with GCL titles. GCL and Ban Leong will also assess how the Group's existing sales and distribution infrastructure across Asia can support the broader commercialisation of GCL's gaming portfolio. Notwithstanding the foregoing, the Offeror will undertake a comprehensive review of Ban Leong's businesses and fixed assets to determine the optimal strategy for Ban Leong, post-closing of the Offer. This press release should be read in conjunction with the full text of the announcement filed by the Company on a Form 6-K, on June 12, 2025, available on the Securities and Exchange Commission ('SEC') website at No Offer or Solicitation This news release is for information purposes only and is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. About GCL Global Holdings Ltd. GCL Global Holdings Ltd. leverages its diverse portfolio of digital and physical content to bridge cultures and audiences by introducing Asian-developed IP to a global audience across consoles, PCs, and streaming platforms. Learn more at About GCL Global Pte. Ltd. GCL Global Pte. Ltd. ('GGPL') unites people through immersive games and entertainment experiences, enabling creators to deliver engaging content and fun gameplay experiences to gaming communities worldwide with a strategic focus on the rapidly expanding Asian gaming market. It is an indirect wholly-owned subsidiary of GCL Global Holdings Ltd. About Epicsoft Asia Pte. Ltd. Epicsoft Asia Pte. Ltd. ('Epicsoft Asia'), a wholly-owned subsidiary of GCL Global Pte. Ltd., is a premier distributor of interactive entertainment software. With a robust network and a proven track record of successful game launches, Epicsoft Asia is dedicated to bringing premier gaming experiences to players across Taiwan, Hong Kong, and Southeast Asia. About Ban Leong Technologies Limited Ban Leong Technologies was incorporated in Singapore on 18 June 1993 and was listed on the Main Board of the Singapore Stock Exchange on 23 June 2005. The principal activities of the company and its subsidiaries are the wholesale and distribution of computer peripherals, accessories and other multimedia products. It distributes a wide range of technology products, with key segments that include IT accessories, gaming, multimedia, smart technology and commercial products. The company is headquartered in Singapore with regional offices in Malaysia and Thailand. Forward-Looking Statements This press release includes 'forward-looking statements' made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995, and may be identified by the use of words such as 'estimate,' 'plan,' 'project,' 'forecast,' 'intend,' 'will,' 'expect,' 'anticipate,' 'believe,' 'seek,' 'target' or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements may also include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the estimated implied enterprise value of the Company, GCL's ability to scale and grow its business, the advantages and expected growth of the Company, and the Company's ability to source and retain talent. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of GCL's management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although GCL believes that it has a reasonable basis for each forward-looking statement contained in this press release, GCL cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. In addition, there are risks and uncertainties described in the proxy statement/prospectus included in the Registration Statement relating to the recent business combination, filed by the Company with the SEC on December 31, 2024 and other documents filed by the Company from time to time with the SEC. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. GCL cannot assure you that the forward-looking statements in this press release will prove to be accurate. There may be additional risks that GCL presently knows or that GCL currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. The forward-looking statements in this press release represent the views of GCL as of the date of this press release. Subsequent events and developments may cause those views to change. However, while GCL may update these forward-looking statements in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of GCL as of any date subsequent to the date of this press release. Except as may be required by law, GCL does not undertake any duty to update these forward-looking statements. GCL Investor Relations:Crocker 652-7185 Directors' Responsibility Statement pursuant to the Singapore Code on Take-overs and Mergers The sole director of the Offeror and the directors of GGPL (including those who may have delegated detailed supervision of the preparation of this press release) have taken all reasonable care to ensure that the facts stated and all opinions expressed in this press release are fair and accurate and that there are no other material facts not contained in this press release, the omission of which would make any statement in this press release misleading, and they jointly and severally accept responsibility accordingly. Where any information has been extracted or reproduced from published or otherwise publicly available sources or obtained from Ban Leong (including without limitation, relating to Ban Leong and its subsidiaries), the sole responsibility of the sole director of the Offeror and the directors of GGPL has been to ensure, through reasonable enquiries, that such information is accurately and correctly extracted from such sources or, as the case may be, accurately reflected or reproduced in this press in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
12-06-2025
- Business
- Associated Press
24/7 Market News: Core Gaming Merger Nears Critical Stage with an Eye on Q2 2025 Closing
Denver, Colorado--(Newsfile Corp. - June 12, 2025) - a pioneer in digital media dedicated to the swift distribution of financial market news and information, reminds readers that Siyata Mobile's (NASDAQ: SYTA) ('Siyata') $160 million merger with Core Gaming is expected to close this quarter, pending regulatory approval, and the closing date remains a pivotal milestone. Merger Mechanics and Timing According to Siyata's SEC Form 6-K filed on February 26, 2025, the closing of the merger will occur remotely, three business days after all conditions in Article VI of the agreement have been satisfied or waived, unless otherwise agreed by the parties. [ This image cannot be displayed. Please visit the source: ] Core Gaming The filing also clarifies that the merger becomes effective only upon the submission and acceptance of the certificate of merger by the Delaware Secretary of State. No advance public notice of the effective date is required, meaning the merger could close without prior announcement. Siyata's Commitment to Shareholders To ensure that legacy Siyata shareholders retain at least a 10% equity stake in the post-merger company on a fully diluted basis, Siyata may issue a special stock dividend. This dividend would be declared one business day prior to the merger's effective time and payable within six months of closing. [ This image cannot be displayed. Please visit the source: ] Siyata Mobile (NASDAQ: SYTA) Strategic Direction and Leadership Core Gaming's CEO, Aitan Zacharin, who will lead the combined company, highlighted in a recent AMA that the merger is designed to unlock new access to capital markets, bolster acquisition potential, and accelerate revenue growth. His goals for the combined companies is to to hit $100 million in revenue and reach profitability in 2025. Siyata's legacy Push-to-Talk business will continue under a new subsidiary led by Marc Seelenfreund, ensuring operational continuity. Key Watchpoints: Core Gaming develops AI-powered free-to-play (F2P) mobile games, generating over $80 million in unaudited 2024 revenue, with more than 700 million game downloads and 43 million monthly active users (MAUs) globally. Please click here for Core Gaming Merger Notes and Analysis, or insights from the ValueScope Report. Contact [email protected] for Analyst Report coverage and other investor/public relations services. About 24/7 Market News 24/7 Market News is a leading market news platform for public companies. As a pioneer in digital media, 24/7 Market News is dedicated to the swift distribution of financial market news and information. 24/7 Market News takes great pride in creating innovative public relations campaigns that help clients reach the target audience. 24/7 MARKET NEWS, INC Disclaimer and Disclosure has been compensated $2,500 per week by MicroCap Strategies for ongoing press and editorial coverage of Siyata Mobile. This compensation is strictly for news distribution and does not include any other services, which may be subject to separate agreements and fees. All opinions expressed are those of the author. This communication is for informational purposes only and should not be construed as investment advice or a solicitation to buy or sell securities. Readers are advised to perform their own due diligence. Please go to or for further disclaimer and disclosure information. CONTACT: 24/7 Market News [email protected] Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential' or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, the popularity and/or competitive success of the Company's acquired football and other sports teams, the Company's ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company's ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law. To view the source version of this press release, please visit
Yahoo
05-06-2025
- Business
- Yahoo
Chinese Firm Webus' Stock Jumps After Filing With SEC for $300M XRP Strategic Reserve
China-based Webus International (WETO) filed a Form 6-K with the U.S. Securities and Exchange Commission on Tuesday with plans to build a $300 million XRP-focused corporate treasury. The filing follows an earlier May announcement by the firm, which aims to fund the initiative using loans and credit facilities rather than new share issuances. Webus plans to integrate Ripple's payment network into its business, aiming to streamline cross-border payments and improve booking transparency across its global chauffeur services. The announcement follows VivoPower International's plans to build a $121 million XRP treasury, indicative of growing interest from corporations in the fourth-largest token by market cap. The financing plan is non-binding and subject to final agreements and due diligence. The provider of customizable car and touring services for travelers worldwide added that it was renewing a partnership with Tongcheng Travel Holdings, one of China's largest online travel agencies, to extend their 'Wetour x Tongcheng' charter lines, stating they would aim to use the XRP Ledger to settle cross-border rides and driver payouts. XRP is up 2% in the past 24 hours, alongside muted gains in the broader crypto market. Meanwhile, the Nasdaq-listed firm's shares rose about 9% in early trading on Wednesday. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
