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Activities between Nov. 15, 2024, 8:02 p.m. and Nov. 22, 2024, 8:02 p.m.
in: Zhejiang Sheng (China).
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Document Date: Nov. 18, 2024, 8 a.m. / Source: South China Morning Post
Activity Class: CorporateFinanceActivity
/ Type: Investment
/ Region: Hong Kong Special Administrative Region
Target:
Document Extract: Alibaba, owner of the South China Morning Post, aims to raise US $ 5 billion, according to a Reuters report, citing unnamed sources.
Document Source: https://www.scmp.com/tech/big-tech/article/3287038/alibaba-sell-bonds-repay-debt-fund-stock-buy-back-amid-low-interest-rates
(archive.org page /
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Document Date: Nov. 19, 2024, 11:57 p.m. / Source: Business Wire
Activity Class: CorporateFinanceActivity
/ Type: Ipo
/ Region: People’s Republic of China
Vendor:
Document Extract: Alibaba Group Prices US $ 2.65 Billion Offering of U.S. Dollar-denominated Senior Unsecured Notes and RMB17 Billion Offering of RMB-denominated Senior Unsecured Notes.
Document Source: https://www.businesswire.com/news/home/20241119897976/en/Alibaba-Group-Prices-US2.65-Billion-Offering-of-U.S.-Dollar-denominated-Senior-Unsecured-Notes-and-RMB17-Billion-Offering-of-RMB-denominated-Senior-Unsecured-Notes
(archive.org page /
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Document Date: Nov. 18, 2024, 8 a.m. / Source: South China Morning Post
Activity Class: CorporateFinanceActivity
/ Type: Ipo
/ Region: Hong Kong Special Administrative Region
Vendor:
Document Extract: Alibaba Group Holding is planning to sell bonds denominated in US dollars and Chinese yuan to help repay debt and fund stock repurchases, as the e-commerce leader bets on declining interest rates to replenish its capital.
Document Source: https://www.scmp.com/tech/big-tech/article/3287038/alibaba-sell-bonds-repay-debt-fund-stock-buy-back-amid-low-interest-rates
(archive.org page /
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Document Date: Nov. 18, 2024, 12:45 p.m. / Source: GlobeNewswire
Activity Class: PartnershipActivity
Partnership:
- West Michigan Compounding
/ Industry: Automotive And Technology
- Flex-N-Gate
/ Industry: Packaging Solutions
- Stellantis
/ Industry: Aerospace And Technology, Architecture, Engineering, And Construction and 19 more
- One World Products
/ Industry: Automotive And Technology, Cannabis Technology
- One World Products
/ Industry: Automotive And Technology, Cannabis Technology
- Stellantis
/ Industry: Aerospace And Technology, Architecture, Engineering, And Construction and 21 more
Document Extract: LAS VEGAS, Nov. 18, 2024 (GLOBE NEWSWIRE) - One World Products, Inc. ("OWP") (OTCQB: OWPC) , renowned for its innovative approach to eco-friendly materials, proudly announces significant progress that solidifies its influence in the rapidly expanding industrial hemp market. Celebrating the receipt of its first royalty payment, Isiah Thomas, Chairman and CEO of OWP, states: "Our strategic partnerships with industry giants such as Stellantis, Flex-N-Gate, Orbis, and West Michigan Compounding are pivotal as we drive forward the integration of green practices into mainstream markets. With their support, we are setting new benchmarks for what it means to operate responsibly within the automotive industry ." OWP highlights its readiness to capture growing business opportunities and invites significant industry attention. This significant progress coincides with the global industrial hemp market's projected growth, expected to reach $ 16.82 billion by 2030, expanding at a compound annual growth rate (CAGR) of 17.5 % from 2024, as highlighted in a 2024 Grand View Research report.
Document Source: https://www.globenewswire.com/news-release/2024/11/18/2982685/0/en/One-World-Products-Sets-New-Standards-in-Sustainability-With-Strategic-Hemp-Innovations.html
(archive.org page /
archive.org listing)
Document Date: Nov. 18, 2024, 12:45 p.m. / Source: GlobeNewswire
Activity Class: PartnershipActivity
Partnership:
- Stellantis
/ Industry: Aerospace And Technology, Architecture, Engineering, And Construction and 21 more
- Flex-N-Gate
/ Industry: Packaging Solutions
- West Michigan Compounding
/ Industry: Automotive And Technology
- Stellantis
/ Industry: Aerospace And Technology, Architecture, Engineering, And Construction and 19 more
Document Extract: One World Products Sets New Standards in Sustainability With Strategic Hemp Innovations. LAS VEGAS, Nov. 18, 2024 (GLOBE NEWSWIRE) - One World Products, Inc. ("OWP") (OTCQB: OWPC) , renowned for its innovative approach to eco-friendly materials, proudly announces significant progress that solidifies its influence in the rapidly expanding industrial hemp market. Celebrating the receipt of its first royalty payment, Isiah Thomas, Chairman and CEO of OWP, states: "Our strategic partnerships with industry giants such as Stellantis, Flex-N-Gate, Orbis, and West Michigan Compounding are pivotal as we drive forward the integration of green practices into mainstream markets. With their support, we are setting new benchmarks for what it means to operate responsibly within the automotive industry ." OWP highlights its readiness to capture growing business opportunities and invites significant industry attention.
Document Source: https://www.globenewswire.com/news-release/2024/11/18/2982685/0/en/One-World-Products-Sets-New-Standards-in-Sustainability-With-Strategic-Hemp-Innovations.html
(archive.org page /
archive.org listing)
Document Date: Nov. 18, 2024, 12:45 p.m. / Source: GlobeNewswire
Activity Class: PartnershipActivity
Partnership:
- Orbis
/ Industry: Packaging Solutions
- West Michigan Compounding
/ Industry: Automotive And Technology
- Flex-N-Gate
/ Industry: Packaging Solutions
- OWP
/ Industry: Automotive And Technology
- Stellantis
/ Industry: Aerospace And Technology, Architecture, Engineering, And Construction and 19 more
- Stellantis
/ Industry: Aerospace And Technology, Architecture, Engineering, And Construction and 21 more
Document Extract: Celebrating the receipt of its first royalty payment, Isiah Thomas, Chairman and CEO of OWP, states: "Our strategic partnerships with industry giants such as Stellantis, Flex-N-Gate, Orbis, and West Michigan Compounding are pivotal as we drive forward the integration of green practices into mainstream markets. With their support, we are setting new benchmarks for what it means to operate responsibly within the automotive industry ." OWP highlights its readiness to capture growing business opportunities and invites significant industry attention. This significant progress coincides with the global industrial hemp market's projected growth, expected to reach $ 16.82 billion by 2030, expanding at a compound annual growth rate (CAGR) of 17.5 % from 2024, as highlighted in a 2024 Grand View Research report. The surge in market value is largely attributed to hemp's expanding applications across a variety of sectors including automotive, construction, food and beverages, personal care, and textiles, reflecting its increasing integration into mainstream industries.
Document Source: https://www.globenewswire.com/news-release/2024/11/18/2982685/0/en/One-World-Products-Sets-New-Standards-in-Sustainability-With-Strategic-Hemp-Innovations.html
(archive.org page /
archive.org listing)
Document Date: Nov. 20, 2024, 10:10 a.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity
/ Type: Ipo
/ Region: Republic of Singapore
Vendor:
- Canaan
/ Industry: Crypto And Blockchain Investment Firm, High Performance Computing and 2 more
Document Extract: SINGAPORE, Nov. 20, 2024 /PRNewswire/ - Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company" or "We") , a leading high-performance computing solutions provider, today announced that it has entered into a securities purchase agreement (the "Securities Purchase Agreement") with an institutional investor (the "Buyer") , pursuant to which the Company shall issue and sell to the Buyer up to 30,000 Series A-1 Preferred Shares (the "Series A-1 Preferred Shares") at the price of US $ 1,000.00 for each Series A-1 Preferred Share.
Document Source: https://www.prnewswire.com/news-releases/canaan-inc-announces-the-execution-of-a-securities-purchase-agreement-302311229.html
(archive.org page /
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Document Date: Nov. 20, 2024, 10 a.m. / Source: PR Newswire
Activity Class: PartnershipActivity
/ Region: Republic of Singapore
Partnership:
- Canaan
/ Industry: Crypto And Blockchain Investment Firm, High Performance Computing and 2 more
- Canaan
/ Industry: Crypto And Blockchain Investment Firm
- HIVE Digital Technologies Ltd
/ Industry: Crypto And Blockchain Investment Firm
- Canaan Inc
/ Industry: Crypto And Blockchain Investment Firm, High Performance Computing and 2 more
- HIVE Digital Technologies Ltd
/ Industry: Crypto And Blockchain Investment Firm
Document Extract: SINGAPORE, Nov. 20, 2024 /PRNewswire/ - Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company") , a leading high-performance computing solutions provider, today announced that Canaan Creative Global Pte. Ltd. ("CCG") , a wholly owned Singapore subsidiary of the Company, has entered into a follow-on order purchase agreement with HIVE Digital Technologies Ltd ("HIVE") , for its Avalon A15-194T miners. According to the purchase agreement, CCG will provide HIVE with 5,000 Avalon A15-194T miners, with an average computing power of 194 Terahash per second (TH/s) , expected to be delivered in the first quarter of 2025. " We sincerely thank HIVE for placing another order of our recently upgraded A15 series in such a short span, highlighting their strong commitment to strategically expanding their Bitcoin mining operations ," said Nangeng Zhang, Chairman and CEO of Canaan. " HIVE's exceptional team, operating across nine time zones and five languages, exemplifies their dedication to advancing ESG - focused initiatives, including green energy integration, grid balancing, and heat recovery.
Document Source: https://www.prnewswire.com/news-releases/canaan-inc-secures-follow-on-order-from-hive-for-5-000-avalon-a15-194t-miners-302311212.html
(archive.org page /
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Document Date: Nov. 20, 2024, 9:45 a.m. / Source: PR Newswire
Activity Class: PartnershipActivity
/ Region: North Salt Lake
Partnership:
- Canaan
/ Industry: Crypto And Blockchain Investment Firm, High Performance Computing and 2 more
- Luna Squares Texas LLC
/ Industry: Crypto And Blockchain Investment Firm
- Canaan
/ Industry: Crypto And Blockchain Investment Firm, High Performance Computing and 2 more
- Beet Digital LLC
Document Extract: Takes significant steps toward 10 EH/s capacity in North America by mid-2025. SINGAPORE, Nov. 20, 2024 /PRNewswire/ - Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company") , a leading high-performance computing solutions provider, today announced that its wholly owned subsidiary, Beet Digital LLC., has entered into a strategic joint mining agreement with Luna Squares Texas LLC ("LS Texas") , a West Texas Bitcoin mining firm, to collaborate on mining activities at LS Texas' mining site. The agreement is part of the Company's plan to reach 10 exahash per second (EH/s) capacity in North America by mid-2025. Under the agreement, each party will be allocated a portion of the BTC revenue less electricity, maintenance, and operating costs. For revenue generated from Canaan's Avalon A14 Series, each party will receive 50 %.
Document Source: https://www.prnewswire.com/news-releases/canaan-inc-expands-its-self-mining-footprint-in-texas-and-pennsylvania-302311215.html
(archive.org page /
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Document Date: Nov. 20, 2024, 9:45 a.m. / Source: PR Newswire
Activity Class: PartnershipActivity
/ Region: North Salt Lake
Partnership:
- CleanSpark
/ Industry: Crypto And Blockchain Investment Firm, Mining And Mineral Exploration
- Canaan
/ Industry: Crypto And Blockchain Investment Firm, High Performance Computing and 2 more
- Canaan
/ Industry: Crypto And Blockchain Investment Firm, High Performance Computing and 2 more
- LS
- CleanSpark
/ Industry: Crypto And Blockchain Investment Firm, Mining And Mineral Exploration
- HIVE
/ Industry: Cloud Services, Mining And Mineral Exploration
- HIVE
/ Industry: Mining And Mineral Exploration
Document Extract: We believe that our collaborations with North American mining operators will foster mutually beneficial relationships and contribute to industry stability ," said Nangeng Zhang, chairman and chief executive officer of Canaan. " As part of our recent $ 50 million preferred shares financing, Canaan has committed to deploying the funds into digital mining sites and equipment across North America. In the two subsequent months, we have made great progress toward that commitment, securing significant orders from CleanSpark and HIVE, launching a 30 megawatt (MW) joint mining initiative with LS Texas in Texas, and upgrading our fleet operated by Stronghold in Pennsylvania. These efforts mark a promising beginning toward our expansion goal of 10 EH/s capacity in North America ." " We 're excited to collaborate with Canaan on this joint mining program, which offers significant Bitcoin upside compared to our previous flat-fee hosting model ," said Jeff Xu, chief operating officer of LS Texas.
Document Source: https://www.prnewswire.com/news-releases/canaan-inc-expands-its-self-mining-footprint-in-texas-and-pennsylvania-302311215.html
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Document Date: Nov. 21, 2024, 11:17 a.m. / Source: South China Morning Post
Activity Class: RoleActivity
/ Type: Starting
/ Region: People’s Republic of China
Role:
Person:
Organization:
Document Extract: Alibaba to merge domestic and global e-commerce units, names Jiang Fan as CEO.
Document Source: https://www.scmp.com/tech/big-tech/article/3287583/alibaba-merge-domestic-and-global-e-commerce-units-names-jiang-fan-ceo
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