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AmericanVirtual Cloud Technologies Inc. (AVCT) recently came to a definitive agreement with and Ribbon Communications Inc. (RBBN) for acquiring its cloud communications platform Kandy Communications. Through all-stock transaction, AVCtechnologies will get an access to Kandy Communications’ leading proprietary, multi-tenant and highly scalable technology. AVCtechnologies is in the industry for more than...
Nam Tai Property Inc. (NTP) last week announced the grand opening of Nam Tai Inno Park. The company used its brand launching event of Technology and Industry Development Summit held on September 10, 2020. The event with a motto of "Tech Empowerment • Greater Bay Area" was held at Guangming Community Sports Center. Business partners...
Microbot Medical Inc. (MBOT) recently completed its feasibility animal study successfully. The study was concluded using LIBERTY Robotic System, company’s surgical robotic system which is world’s first for being fully disposable system. The study achieved all its end point targets without facing any adverse incident in using that system....
China Xiangtai Food Co. Ltd. (PLIN) late last month came opening a restaurant in Chongqing, China. With the grand opening of that restaurant, the company paved the way for its hot pot restaurant strategy. China Xiangtai Food is an increasingly growing company attached with the food processing business in...
SG Blocks Inc. (SGBX) has recently made its way into the U.S. test lab market by forming a joint venture with Clarity Diagnostics. SG Blocks is a leading company involved in the designing, innovating and fabricating container-based structures, while Clarity is leading the market as manufacturer of diagnostic equipment,...
Regulus Therapeutics Inc. (RGLS) recently announced restructuring of a term loan by Oxford LLC. With a condition to pay $10 million against loan principal before April 30, 2021, company will have to pay only the interest for up to seven months. The Principal Paydown Event is subject to be adjusted through proceeds from...
Datasea Inc. (DTSS) recently announced a Cooperation Framework Agreement with China Africa Friendship Town Investment Group Limited (“CAFTI”). The technology company provides smart security solutions and develops education-related technologies in China. It entered into the agreement through one of its variable interest entities. The agreement is for setting up a common structure for and...
Envision Solar International Inc., (EVSI) last week announced that it has secured an order for selling four EV ARC products to a Federally Funded Research and Development Center. EVSI is a leading manufacturer of modern and sustainable infrastructure products for charging different devices. Those include electric vehicle charging (EV), outdoor...
Cohen & Company Inc. (COHN) recently announced that one of its sponsored company got a pricing of $200 million in initial public offering (IPO). INSU Acquisition Corp. II (INAQU) is a blank-check company sponsored by COHN that went through an upsized IPO last week. COHN operates as a financial...
CUTERA, INC., (CUTR) early this week announced the launch of its new muscle sculpting platform “truSculpt flex” in Canada. The move by provider of laser, light and energy-based aesthetic systems to practitioner will help it disrupt Canadian markets. Cleared and approved by Health Canada, truSculpt flex will be used for shaping and...