Technology

IQVentures To Complete Acquisition of The Aaron’s Company

Published

3 months ago

October 3, 2024

ATLANTA, Oct. 3, 2024 /PRNewswire/ — The Aaron’s Company, Inc. (“The Aaron’s Company” or “Aaron’s”) (NYSE: AAN) and IQVentures Holdings, LLC (“IQVentures”) today announced that they expect to complete the previously announced acquisition by IQVentures of The Aaron’s Company later today. The acquisition was originally announced on June 17, 2024, and approved by The Aaron’s Company shareholders on September 25, 2024. Upon completion of the transaction, The Aaron’s Company’s common stock will cease trading and will no longer be listed on the NYSE.

Advisors

J.P. Morgan Securities LLC is serving as exclusive financial advisor to The Aaron’s Company, and Jones Day is serving as legal counsel. Stephens Inc. is serving as exclusive financial advisor to IQVentures, and King & Spalding LLP is serving as legal counsel.

About The Aaron’s Company, Inc.

Headquartered in Atlanta, The Aaron’s Company, Inc. is a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions of appliances, electronics, furniture, and other home goods across its brands: Aaron’s, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven. Aaron’s offers a direct-to-consumer lease-to-own solution through its approximately 1,210 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform. BrandsMart U.S.A. is one of the leading appliance retailers in the country with 12 retail stores in Florida and Georgia, as well as its e-commerce platform. BrandsMart Leasing offers lease-to-own solutions to customers of BrandsMart U.S.A. Woodhaven is the Company’s furniture manufacturing division. For more information, visit investor.aarons.com, aarons.com, and brandsmartusa.com.

About IQVentures

Headquartered in the Columbus, Ohio metropolitan area, IQVentures invests in and builds the next generation of technology and companies that help shape the future. IQVentures has substantial experience and expertise in all aspects of consumer and business financing and leverages proprietary technology and shared services to help drive value for the companies it acquires. For more information, please visit www.iqventures.com.

Forward Looking Statements

This news release contains forward-looking statements, including statements regarding the proposed acquisition by IQVentures of The Aaron’s Company and the expected closing date of such acquisition. Forward-looking statements are all statements other than those of historical fact, and generally can be identified by the use of forward-looking terminology, such as “believe,” “expect,” “expectation,” “anticipate,” “may,” “could,” “should,” “intend,” “seek,” “estimate,” “plan,” “target,” “project,” “likely,” “will,” “forecast,” “future,” “outlook,” or other similar words, phrases, or expressions. These forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those contained in the forward-looking statements. These risks and uncertainties include (i) the ability of IQVentures to obtain financing for the proposed transaction; (ii) potential adverse reactions or changes to business relationships resulting from the announcement, pendency or inability to complete the proposed transaction on the expected timeframe or at all; (iii) litigation relating to the proposed transaction; (iv) the inability to retain key personnel, or potential diminished productivity due to the impact of the proposed transaction on The Aaron’s Company’s current and prospective employees, key management, customers, suppliers, franchisees and business partners; and (v) the other risks and uncertainties discussed under “Risk Factors” in The Aaron’s Company’s most recent Annual Report on Form 10-K and in other documents that The Aaron’s Company files from time to time with the SEC. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Except as required by law, the parties undertake no obligation to update these forward-looking statements to reflect subsequent events or circumstances after the date of this news release.

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SOURCE The Aaron’s Company, Inc.

Technology

Ganzin Unveils Revolutionary AURORA IIS Eye-Tracking Solution at CES 2025

Published

9 minutes ago

December 27, 2024

Ganzin will announce AURORA IIS solution in CES 2025, which is a new NPU eye-tracking solution, that only composed of one NPU, two eye sensors, and two IR LEDs. The host could receive eye-tracking results from the NPU directly without any computational burden. It is an ideal eye-tracking solution for AR and AI smartglasses.The NPU’s dimension is just 2.3 x 5.6 mm, the eye sensor’s dimension is 1.6 x 1.6 x 2.3mm, and the IR LED’s dimension is 1 x 0.5 x 0.45mm.DPVR, a leading Chinese VR brand, is set to announce its new standalone VR model, the P2 Vision. The device features advanced eye-tracking technology, powered by the Ganzin AURORA IIS solution.P2 Vision is orderable since CES 2025. You are welcome to visit DPVR booth to experience P2 Vision and Ganzin eye tracking performance at LVCC, Central Hall – 15945.

TAIPEI, Dec. 27, 2024 /PRNewswire/ — Ganzin, a pioneer in glint-free wearable eye-tracking technology provider, is proud to announce the launch of its groundbreaking AURORA IIS solution at CES 2025. This cutting-edge system redefines simplicity and performance in eye-tracking, requiring only one compact NPU, two eye sensors, and two IR LEDs to deliver real-time eye-tracking results to the host device without any computational burden. It is an ideal eye-tracking solution for AR and AI smartglasses.

The NPU, with an ultra-compact size of just 2.3 x 5.6 mm, is purpose-built for AI/AR glasses, and VR headsets. The accompanying eye sensors measure a mere 1.6 x 1.6 x 2.3 mm, while the IR LEDs are 1 x 0.5 x 0.45 mm. The entire AURORA IIS solution weighs less than 1 gram and consumes under 100 mW of power, delivering exceptional efficiency for next-generation wearable devices.

In a major collaboration, DPVR, one of China’s most prominent VR brands, will debut its latest standalone VR model, the P2 Vision, at CES 2025. The P2 Vision incorporates Ganzin’s AURORA IIS solution, enabling precise, real-time eye-tracking capabilities that enhance user interaction, gaze-based control, and immersive experiences.

Visitors to CES 2025 are invited to experience the P2 Vision and Ganzin’s innovative eye-tracking technology in action. Live demonstrations will be held at the DPVR booth (LVCC, Central Hall – 15945), where attendees can get a hands-on look at the future of VR interaction. The P2 Vision will also be available for order starting at CES 2025, marking a new era for VR accessibility and functionality.

“The AURORA IIS marks a major breakthrough in eye-tracking technology,” said Dr. Shao-Yi Chien, CEO of Ganzin. “Our ultra-compact, energy-efficient solution is tailored to meet the demands of VR, AR, and wearable device manufacturers. We also offer flexible customization of eye camera placement to integrate with our clients’ industrial design (ID) requirements.”

Ganzin will have a private suite at the Westgate Hotel during CES 2025. To learn more about our AURORA IIS solution or to schedule a private demonstration, please reach out to our contact listed below.

Media Contact: Martin Lin
Business Development Manager
Ganzin Technology Co., Ltd.
Email: martin.lin@gnainz.com.tw

About Ganzin

Ganzin is a global leader in eye-tracking technology, delivering advanced, compact, and energy-efficient solutions for next-generation wearable and immersive devices. The company’s vision is to make human-machine interaction more intuitive and accessible to everyone, enabling smarter and more responsive user experiences for consumers.

About DPVR

DPVR is a leading virtual reality technology company based in China, renowned for its development of user-friendly, high-performance VR headsets. Committed to bringing immersive experiences to the masses, DPVR continues to push the boundaries of VR technology and innovation.

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SOURCE Ganzin Technology

Technology

Eddid Financial Partners with HKBU for the Third Consecutive Year to Establish 10th Anniversary Scholarship

Published

10 minutes ago

December 27, 2024

HONG KONG, Dec. 27, 2024 /PRNewswire/ — Building on successful collaborations with the School of Oriental and African Studies (“SOAS”) at the University of London, Hong Kong University of Science and Technology, The Hong Kong Polytechnic University, and City University of Hong Kong, Eddid Financial (the “Group”) announces its partnership with Hong Kong Baptist University (“HKBU”). The Group and HKBU have, together, established the “Eddid Financial 10th Anniversary Scholarship” for the 2024/25 academic year to recognize students who excel academically and contribute outstandingly to social service.

Over the past three years, the Group has engaged in various initiatives with HKBU, including the establishment of social service scholarships, fintech research projects, and internship programs. As Edidd Financial approaches its 10th anniversary in 2025, this new scholarship underscores their commitment to deepening collaboration. This “Eddid Financial 10th Anniversary Scholarship” will reward third-year undergraduate students from the business school who demonstrate academic excellence and a dedication to community service, inspiring more students to strive for success while giving back to society.

The Group is deeply committed to nurturing the next generation of talent and looks forward to supporting those who pursue excellence and are passionate about serving the community in the future academic year. Eddid Financial will also maintain close communication and collaboration with HKBU to support its teaching and research efforts, contributing to sustainable development in society.

About Eddid Financial

Anchored in Hong Kong, Eddid Financial is an all-encompassing financial group centered around fintech and dedicated to integrating cutting-edge artificial intelligence technologies and other latest technologies into its enterprise DNA. The diversified businesses of Eddid Financial range from retail to institutional and include but are not limited to fintech, internet finance, wealth management, asset management, investment banking, and virtual assets. Eddid Financial is committed to providing one-stop financial services and products to customers through high-quality investment solutions.

Members of the Group hold a variety of licenses and memberships across key financial markets. These include Hong Kong Securities and Futures Commission (SFC) regulated activities (“RA”) licenses for types 1, 2, 3, 4, 5, 6, and 9; SEHK and HKCC participant (OTP-C broker number: 0974 and 0977), Insurance Broker Company license; Trust or Company Service Provider License in Hong Kong. Additionally, our fully owned U.S. broker-dealer subsidiary, Eddid Securities USA Inc., maintains approved membership with the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), and the Securities Investor Protection Corporation (SIPC), and the Nasdaq Stock Market LLC (NQX), and is a registered broker dealer with the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States.

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SOURCE Eddid Financial

Technology

JinkoSolar Announces Results of 2024 Annual General Meeting

Published

1 hour ago

December 27, 2024

SHANGRAO, China, Dec. 27, 2024 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that all shareholders resolutions proposed at the Company’s 2024 annual general meeting held today were duly passed. Specifically, the Company’s shareholders passed the following resolutions approving:

The re-election of Mr. Xianhua Li as a director of the Company;The re-election of Mr. Steven Markscheid as a director of the Company;The ratification of the appointment of Mr. Gang Chu as an independent director of the Company and the re-election of him as an independent director of the Company;The ratification of the appointment of PricewaterhouseCoopers Zhong Tian LLP as auditors of the Company for the fiscal year of 2024;The authorization of the directors of the Company to determine the remuneration of the auditors of the Company; andThe authorization of each of the directors of the Company be authorized to take any and all action that might be necessary to effect the foregoing resolutions 1 to 5 as such director, in his or her absolute discretion, thinks fit.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of September 30, 2024. To find out more, please see: www.jinkosolar.com