KLab Announces New School Life A Cappella Project “aoppella!?” Featuring 11 Famous Japanese Voice Actors

PR Newswire

TOKYO, March 4, 2021 /PRNewswire/ — KLab Inc., a leader in online mobile games, announced a new multimedia music project called “aoppella!?” based on a story of high school students discovering the art of a cappella.


About “aoppella!?”

Story

It was on that unforgettable day that the boys found themselves changed. In front of them were ordinary high school students just like them. There were no flashy costumes or musical instruments. But the moment they began to sing a surreal harmony filled the air and the crowd went wild.

“We want to sing like that. We want to shine, too.”

High school students captivated by the art of a cappella aim for the top in the exclusive high school a cappella contest, “Aoppella”. They try to perfect their pitch as the show is about to begin.

Official Website:



https://www.aoppella.com


/

Official Twitter:


@aoppella

Official YouTube Channel:


https://www.youtube.com/channel/UCosIfP7AX7yAPV-wEDz5m4Q


Cast and Characters Revealed

The main characters are an eclectic group of high school students who attend Otowa Public High School and Kanadezaka Private High School. The following voice actors will bring these characters to life.

Otowa Public High School

Hajime Suzumiya CV: Ryohei Kimura
Rin Tanba  CV: Ryota Osaka
Michitaka Kariyazono CV: KENN
Luka Shihou CV: Tetsuya Kakihara
Sayo Soenji CV: Tomoaki Maeno

Kanadezaka Private High School

Maito Coresawa CV: Yuki Ono
Mitsuo Ayase CV: Toshiyuki Toyonaga
Akira Shigaki CV: Wataru Urata
Asaharu Soenji CV: Takuya Sato
Yui Nekoyashiki CV: Daiki Hamano
Fukami Shinkai CV: Shugo Nakamura


Official J-Pop Music Video Covers Released

The “aoppella?!” project’s first music video has been released. The two high school groups cover popular Japanese songs in a cappella, and you can enjoy two songs as a medley.

Kanadezaka Private High School members covered “Hakujitsu” by King Gnu, and members of Otowa Public High School covered “Pretender” of Official HIGE DANdism. Check it out now on the official YouTube channelnow.


About Future Development for “aoppella!?”

The “aoppella?!” project plans to release various content that allows fans to enjoy the new world of music and characters in the future. Please check out the official Twitter account (@aoppella) for further details and announcements. See the original press release for full details.

©KLab

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/klab-announces-new-school-life-a-cappella-project-aoppella-featuring-11-famous-japanese-voice-actors-301241130.html

SOURCE KLab Inc.

CIMC Enric and Hexagon Purus establish hydrogen JVs, localizing world-class Type 4 hydrogen cylinders in China

PR Newswire

SHENZHEN, China, March 4, 2021 /PRNewswire/ — CIMC Enric Holdings Limited (“CIMC Enric” or “the Company“, SEHK stock code: 3899.HK), announced that CIMC Hydrogen Energy, a wholly-owned subsidiary of the Company, has entered into Joint Venture (JV) agreements with Hexagon Purus HK to provide safe, lightweight and cost-efficient compressed hydrogen storage and distribution solutions to meet the fast-growing market demand in China and Southeast Asia.

Hexagon Purus HK is a wholly-owned subsidiary of Hexagon Purus AS (“Hexagon Purus“, stock ticker: HPUR), a provider of world class Type 4 (“T4“) hydrogen cylinder and systems technologies and design.*

Cooperation structure

The cooperation will be based on a balanced ownership structure. It will be organized using dedicated operating entities:

  • A cylinder JV majority owned by Hexagon Purus HK (Hexagon Purus HK will own 51% and CIMC Hydrogen Energy will own 49%); and
  • A system JV majority owned by CIMC Hydrogen Energy (CIMC Hydrogen Energy will own 51% and Hexagon Purus HK will own 49%).
  • The JVs will form a joint sales and marketing team.

Production line

The JVs plan to build production lines of approximately 100,000 cylinders per annum, and the actual output is expected to gradually increase to reach higher capacity.

Type 3 (“T3“) hydrogen cylinder capacity will be built through upgrading of existing production facilities. The JVs expect revenues from high-pressure T3 hydrogen cylinder in 2021. The construction of T4 facilities are expected to commence as early as the second quarter 2021.

Market prospects

CIMC Enric and Hexagon Purus have joined forces in the hydrogen sector with the goal of becoming the leading supplier of comprehensive hydrogen storage and distribution solutions in China and Southeast Asia.

According to Trend Bank Consulting, China’s hydrogen cylinder market will grow at a compound annual growth rate of 47.7% in the next 10 years. The number of FCEVs (Fuel Cell Electric Vehicles) is estimated to reach 100,000 units and 1 million units in 2025 and 2030 respectively, and the hydrogen cylinders market value will reach approximately RMB 3.9 billion and RMB 20 billion respectively.

Mr. Yang Xiaohu, Executive Director and General Manager of CIMC Enric, commented, “The hydrogen industry has attracted unprecedented attention in China in recent years. Currently, China has announced more than 37 national, provincial and municipal hydrogen related policies. With the support of various policies, China is expected to become the world’s largest FCEV market in the future. The future themes of on-vehicle hydrogen systems are lightweight, low cost, and low weight-to-volume ratio. Therefore, the transition from T3 hydrogen cylinders to T4 hydrogen cylinders fits the future development trend. The establishment of the JVs leverage CIMC Enric’s geographical advantages and rich market experience with Hexagon’s strong technical strength, forming competitive synergy effects and laying a solid foundation for the JVs to capitalize on China’s vast hydrogen energy market.”

Mr. Morten Holum, CEO of Hexagon Purus, said, “China is on the rise to become the most significant global market for FCEV. Its successful energy transition to hydrogen requires safe, advanced and cost-efficient high-pressure T4 fuel storage solutions that are proven in the global market. By joining forces in China, CIMC Enric and Hexagon Purus together contribute state-of-the-art T4 know-how, as well as the market presence of a top, trusted Chinese brand. Both companies have proud heritages of providing world class products and solutions to their customers.”

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/cimc-enric-and-hexagon-purus-establish-hydrogen-jvs-localizing-world-class-type-4-hydrogen-cylinders-in-china-301241177.html

SOURCE CIMC

First Reserve Sustainable Growth Corp. Announces Pricing of $200 Million Initial Public Offering

PR Newswire

STAMFORD, Conn. and HOUSTON, March 4, 2021 /PRNewswire/ — First Reserve Sustainable Growth Corp. (the “Company”) today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) under the symbol “FRSG U” and are expected to begin trading on Nasdaq on March 5, 2021.

Each unit consists of one share of the Company’s Class A common stock and one-fourth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one share of the Company’s Class A common stock at a price of $11.50 per share, subject to adjustment. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “FRSG” and “FRSG W,” respectively.

The offering is expected to close on March 9, 2021, subject to customary closing conditions. Barclays and Goldman Sachs & Co. LLC are acting as joint book running managers of the offering.

The public offering is being made only by means of a prospectus. Copies of the preliminary prospectus relating to the offering and final prospectus, when available, may be obtained from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, email: [email protected], telephone: 1-888-603-5847, or Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: +1 866 471 2526, facsimile: +1 212 902 9316, or email: [email protected].

A registration statement relating to these securities has been declared effective by the U.S. Securities and Exchange Commission (the “SEC”). This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state 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 or jurisdiction.

About First Reserve Sustainable Growth Corp.

First Reserve Sustainable Growth Corp. is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company intends to identify opportunities and companies that focus on solutions, processes, and technologies that facilitate, improve, or complement the ongoing transition toward a more sustainable and environmentally-conscious global energy, infrastructure and industrial complex.

Forward Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the public offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact

Investors

[email protected]

Media

Jon Keehner / Julie Hamilton
Joele Frank, Wilkinson Brimmer Katcher
212.355.4449

Cision View original content:http://www.prnewswire.com/news-releases/first-reserve-sustainable-growth-corp-announces-pricing-of-200-million-initial-public-offering-301241173.html

SOURCE First Reserve Sustainable Growth Corp.

SHAREHOLDER ALERT: WeissLaw LLP Reminds PAND, VKIN, CLGX, and VGAC Shareholders About Its Ongoing Investigations

PR Newswire

NEW YORK, March 4, 2021 /PRNewswire/ —


If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:


Joshua Rubin, Esq.

WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
[email protected]

Pandion Therapeutics, Inc. (NASDAQ: PAND)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Pandion Therapeutics, Inc.(NASDAQ: PAND) in connection with the proposed acquisition of the company Merck Sharp & Dohme Corp. Under the terms of the merger agreement, PAND shareholders will receive $60.00 in cash for each share of PAND common stock that they hold. If you own PAND shares and wish to discuss this investigation or your rights, please call or visit our website: http://www.weisslawllp.com/pand/

Viking Energy Group, Inc. (OTC: VKIN)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Viking Energy Group, Inc. (OTC: VKIN) in connection with the company’s proposed merger with Camber Energy, Inc. (NYSE: CEI). Under the terms of the merger agreement, which is structured as a reverse merger, Camber will issue newly-issued shares of common stock in exchange for the balance of Viking’s common stock on a one-for-one basis. Camber currently owns approximately 62% of Viking’s issued and outstanding common shares. If you own VKIN shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/vkin/

CoreLogic, Inc. (NYSE: CLGX)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CoreLogic, Inc. (NYSE: CLGX) in connection with the proposed acquisition of the company by funds managed by Stone Point Capital and Insight Partners. Under the terms of the agreement, CLGX shareholders will receive $80.00 in cash for each share of CLGX common stock that they own. If you own CLGX shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/clgx/

VG Acquisition Corp. (NYSE: VGAC)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of VG Acquisition Corp. (NYSE: VGAC) in connection with the company’s proposed merger with 23andMe, Inc. (“23andMe”). Under the terms of the merger agreement, VGAC will acquire 23andMe through a reverse merger that will result in 23andMe becoming a public company traded on the NYSE. If you own VGAC shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/vgac/

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-reminds-pand-vkin-clgx-and-vgac-shareholders-about-its-ongoing-investigations-301241170.html

SOURCE WeissLaw LLP

IRTC EQUITY ALERT: Kessler Topaz Meltzer & Check, LLP Announces that a Securities Fraud Class Action Lawsuit was filed on Behalf of Investors of iRhythm Technologies, Inc.

PR Newswire

RADNOR, Pa., March 4, 2021 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP reminds that an investor securities fraud class action lawsuit has been filed against iRhythm Technologies, Inc. (NASDAQ: IRTC) (“iRhythm”) on behalf of those who purchased or acquired iRhythm common stock between August 4, 2020 and January 28, 2021, inclusive (the “Class Period”).



Lead Plaintiff Deadline:  April 2, 2021



Website:


https://www.ktmc.com/irhythm-technologies-inc-securities-class-action?utm_source=PR&utm_medium=link&utm_campaign=irhythm 



Contact:


James Maro, Esq. (484) 270-1453


Adrienne Bell, Esq. (484) 270-1435


Toll free (844) 887-9500

According to the complaint, iRhythm is a digital healthcare company that offers a portfolio of ambulatory cardiac monitoring services on its platform called the Zio service. iRhythm receives revenue for its Zio service primarily from third-party payors, which includes commercial payors and government agencies, such as the U.S. Centers for Medicare and Medicaid Services (“CMS”). On August 3, 2020, the CMS issued its Calendar Year 2021 Medicare Physician Fee Schedule Proposed Rule, which would update payment policies, payment rates, and other provisions for services to be furnished under the Medicare Physician Fee Schedule on or after January 1, 2021. Kevin M. King, then President and CEO of iRhythm, praised the impact the proposed rule would have on iRhythm’s business and revenues.

However, the truth began to be revealed on December 1, 2020, when the CMS issued its final rule, which finalized the codes as anticipated, but did not finalize national pricing for certain products and services offered by iRhythm. On December 2, 2020, iRhythm’s common stock opened at $183.00 per share, down from the December 1, 2020 close of $240.64.

Then on January 29, 2021, Medicare Administrative Contractor, Novitas Solutions, published actual reimbursement rates under the CMS’s 2021 Medicare Physician Fee Schedule. A Baird analyst commented that these rates were “way lower than” the former codes, citing one example where iRhythm was previously reimbursed around $311, but was now receiving just $42.68. Following this news, the price of iRhythm’s common stock closed at $168.42 on January 29, 2021, down approximately 33% from its January 28, 2021 close of $251.00.

iRhythm investors may, no later than April 2, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. 

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 887-9500 (toll free)
(610) 667-7706
[email protected]

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/irtc-equity-alert–kessler-topaz-meltzer–check-llp-announces-that-a-securities-fraud-class-action-lawsuit-was-filed-on-behalf-of-investors-of-irhythm-technologies-inc-301241169.html

SOURCE Kessler Topaz Meltzer & Check, LLP

SHAREHOLDER ALERT: WeissLaw LLP Reminds SNCA, HEC, CNIG, and CHNG Shareholders About Its Ongoing Investigations

PR Newswire

NEW YORK, March 4, 2021 /PRNewswire/ —


If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:


Joshua Rubin, Esq.

WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
[email protected]

Seneca Biopharma, Inc. (NASDAQ: SNCA)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Seneca Biopharma, Inc. (NASDAQ: SNCA) in connection with the company’s proposed merger with Leading BioSciences, Inc. (“LBS”). Under the terms of the agreement, LBS shareholders will receive shares of SNCA, resulting in LBS stockholders owning a majority of the combined company, with SNCA shareholders owning just 26.2% of the surviving combined entity. If you own SNCA shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslawllp.com/snca/

Hudson Executive Investment Corp. (NASDAQ: HEC)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Hudson Executive Investment Corp.(NASDAQ: HEC) in connection with the company’s proposed merger with Talkspace. Under the terms of the merger agreement, HEC will acquire Talkspace through a reverse merger that will result in Talkspace becoming a publicly traded company. If you own HEC shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/hec/

Corning Natural Gas Holding Corporation (OTCQX: CNIG)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Corning Natural Gas Holding Corporation(OTCQX: CNIG), in connection with the proposed acquisition of the company by an affiliate of Argo Infrastructure Partners, LP. Under the terms of the merger agreement, CNIG shareholders will receive only $24.75 in cash for each share of CNIG common stock that they hold. If you own CNIG shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/cnig/

Change Healthcare Inc. (NASDAQ: CHNG)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Change Healthcare Inc. (NASDAQ: CHNG) in connection with the proposed acquisition of the company by UnitedHealth Group Incorporated. Under the terms of the merger agreement, CHNG shareholders will receive only $25.75 in cash for each share of CHNG common stock they hold. If you own CHNG shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/chng/

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-reminds-snca-hec-cnig-and-chng-shareholders-about-its-ongoing-investigations-301241167.html

SOURCE WeissLaw LLP

SHAREHOLDER ALERT: WeissLaw LLP Reminds CATM, GNBF, MDCA, and FFG Shareholders About Its Ongoing Investigations

PR Newswire

NEW YORK, March 4, 2021 /PRNewswire/ —


If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:


Joshua Rubin, Esq.

WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
[email protected]

Cardtronics plc (NASDAQ: CATM)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Cardtronics plc (NASDAQ: CATM) in connection with the proposed acquisition of the company by funds managed by affiliates of Apollo Global Management, Inc. and Hudson Executive Capital LP. Under the terms of the agreement, CATM shareholders will receive $35.00 in cash for each share of CATM common stock that they hold. If you own CATM shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/catm/

GNB Financial Services, Inc. (OTC Pink: GNBF)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GNB Financial Services, Inc. (OTC Pink: GNBF) in connection with the proposed merger of the company with LINKBANCORP, Inc. (“LINKBANCORP”). Under the terms of the agreement, GNBF shareholders may elect to receive either $87.68 in cash or 7.3064 shares of LINKBANCORP stock for each GNBF share they own. If you own GNBF shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/gnbf/

MDC Partners Inc. (NASDAQ: MDCA)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of MDC Partners Inc. (NASDAQ: MDCA) in connection with the company’s proposed combination with Stagwell Media LP. Under the terms of the agreement, MDCA’s shareholders will receive just 26% of the common equity of the post-transaction entity. If you own MDCA shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/mdca/

FBL Financial Group, Inc. (NYSE: FFG)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of FBL Financial Group, Inc. (NYSE: FFG) in connection with the proposed interested-party acquisition of the company by Farm Bureau Property & Casualty Insurance Company. Under the terms of the agreement, the company’s shareholders will receive $56.00 in cash for each share of FFG common stock that they hold. If you own FFG shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/ffg/

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-reminds-catm-gnbf-mdca-and-ffg-shareholders-about-its-ongoing-investigations-301241161.html

SOURCE WeissLaw LLP

Warburg Pincus Capital Corporation I-B Announces Pricing of $500 Million Initial Public Offering

NEW YORK, March 04, 2021 (GLOBE NEWSWIRE) — Warburg Pincus Capital Corporation I-B (the “Company”) today announced the pricing of 50,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) under the symbol “WPCB.U” commencing on March 5, 2021. Each unit consists of one Class A ordinary share and one-fifth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities constituting the units begin separate trading, we expect that the units will be listed on the NYSE under the symbols “WPCB” and “WPCB WS,” respectively. The initial public offering is expected to close on March 9, 2021, subject to customary closing conditions.

Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Evercore Group L.L.C. are acting as joint bookrunners of the offering. The Company has granted the underwriters a 45-day option to purchase an additional 7,500,000 units at the initial public offering price to cover any over-allotments.

The initial public offering will only be made by means of a prospectus. When available, copies of the prospectus relating to this offering may be obtained from: Citigroup Global Markets Inc., Attention: Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at 800-831-9146, from Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, Telephone: 1-800-221-1037, Email: [email protected], or from Evercore Group L.L.C., Attn: Equity Capital Markets, 55 East 52nd Street, 36th Floor, New York, NY 10055, by phone at (888) 474-0200, or by email at [email protected].

A registration statement relating to the securities became effective on March 4, 2021 in accordance with Section 8(a) of the Securities Act of 1933, as amended. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state 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 or jurisdiction.

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

About Warburg Pincus Capital Corporation I-B

Warburg Pincus Capital Corporation I-B is a newly organized, blank check company created for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company is not limited to a particular industry or geographic region in the identification and acquisition of a target company. The sponsor of the Company is an affiliate of Warburg Pincus LLC (“Warburg Pincus”).

The Company intends to identify a target with strong fundamental growth that could benefit from Warburg Pincus’ longstanding experience, global presence, domain expertise, operational support and extensive networks and that presents potential for an attractive risk-adjusted return profile.

Contacts

Kerrie Cohen, Warburg Pincus
[email protected]
917-887-9184



Warburg Pincus Capital Corporation I-A Announces Pricing of $250 Million Initial Public Offering

NEW YORK, March 04, 2021 (GLOBE NEWSWIRE) — Warburg Pincus Capital Corporation I-A (the “Company”) today announced the pricing of 25,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) under the symbol “WPCA.U” commencing on March 5, 2021. Each unit consists of one Class A ordinary share and one-fifth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities constituting the units begin separate trading, we expect that the units will be listed on the NYSE under the symbols “WPCA” and “WPCA WS,” respectively. The initial public offering is expected to close on March 9, 2021, subject to customary closing conditions.

Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Evercore Group L.L.C. are acting as joint bookrunners of the offering. The Company has granted the underwriters a 45-day option to purchase an additional 3,750,000 units at the initial public offering price to cover any over-allotments.

The initial public offering will only be made by means of a prospectus. When available, copies of the prospectus relating to this offering may be obtained from: Citigroup Global Markets Inc., Attention: Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at 800-831-9146, from Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, Telephone: 1-800-221-1037, Email: [email protected], or from Evercore Group L.L.C., Attn: Equity Capital Markets, 55 East 52nd Street, 36th Floor, New York, NY 10055, by phone at (888) 474-0200, or by email at [email protected].

A registration statement relating to the securities became effective on March 4, 2021 in accordance with Section 8(a) of the Securities Act of 1933, as amended. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state 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 or jurisdiction.

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

About Warburg Pincus Capital Corporation I-A

Warburg Pincus Capital Corporation I-A is a newly organized, blank check company created for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company is not limited to a particular industry or geographic region in the identification and acquisition of a target company. The sponsor of the Company is an affiliate of Warburg Pincus LLC (“Warburg Pincus”).

The Company intends to identify a target with strong fundamental growth that could benefit from Warburg Pincus’ longstanding experience, global presence, domain expertise, operational support and extensive networks and that presents potential for an attractive risk-adjusted return profile.

Contacts

Kerrie Cohen, Warburg Pincus
[email protected]
917-887-9184



Final Deadline Approaching on March 8, 2021: Kessler Topaz Meltzer & Check, LLP Reminds QuantumScape Corporation Investors of Class Action Lawsuit Deadline

PR Newswire

RADNOR, Pa., March 4, 2021 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed against QuantumScape Corporation  (“QuantumScape”) on behalf of those who purchased or acquired QuantumScape (NYSE: QS; QS.WS) securities between November 27, 2020 and December 31, 2020, inclusive (the “Class Period”).

 



Lead Plaintiff Deadline

:  


March 8, 2021



Website

:      


https://www.ktmc.com/quantumscape-corporation-securities-class-action?utm_source=PR&utm_medium=link&utm_campaign=qunatumscape



Contact

:    


James Maro, Esq.: (484) 270-1453


Adrienne Bell, Esq.: (484) 270-1435


Toll free: (844) 887-9500

 

QuantumScape develops and commercializes solid-state lithium-metal batteries for electric vehicles. The complaint alleges that on January 4, 2021, prior to the open of trading, Seeking Alpha published a research report entitled “QuantumScape’s Solid State Batteries Have Significant Technical Hurdles To Overcome.” The introduction of the Seeking Alpha report emphasized that “QuantumScape’s science is very good . . . [b]ut their batteries are small and unproven – not yet as big as an iWatch battery, and never tested outside a lab,” adding that “[t]here are significant risks associated with solid state batteries that have not been overcome,” and emphasizing that “[t]hey will likely never achieve the performance they claim.” Following this news, the market prices of QuantumScape publicly traded securities fell precipitously, with the price of QuantumScape’s Class A common stock declining more than 63% from its Class Period high of more than $131 per share on December 22, 2020 to close down at $49.96 per share on January 4, 2021, including a one-day decline of more than $34 per share, or 41%, on January 4, 2021. 

QuantumScape investors may, no later than March 8, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member.  A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class.  Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. 

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.  The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).  The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 887-9500 (toll free)
(610) 667-7706
[email protected]

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/final-deadline-approaching-on-march-8-2021–kessler-topaz-meltzer–check-llp-reminds-quantumscape-corporation-investors-of-class-action-lawsuit-deadline-301239666.html

SOURCE Kessler Topaz Meltzer & Check, LLP