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Autozi Internet Technology (Global) Ltd. Announces the Execution of Securities Purchase Agreement

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BEIJING, Jan. 31, 2025 /PRNewswire/ — Autozi Internet Technology (Global) Ltd. (“Autozi” or the “Company”) (NASDAQ: AZI), one of the leading and fast-growing lifecycle automotive service providers in China, today announced that it entered into a definitive Securities Purchase Agreement (the “Agreement”) with an institutional investor (the “Buyer”) on January 27, 2025, pursuant to which the Company issued to the Buyer a senior unsecured convertible note (the “Initial Note”) and warrant to purchase additional senior unsecured convertible notes (the “Warrants” and together with the Initial Note, the “Notes”). The closing of the transaction contemplated by the Agreement occurred on January 27, 2025 (the “Closing Date”). The transaction will result in gross proceeds to the Company of $27.5 million. Proceeds from the transaction will enhance Autozi’s financial flexibility to support its strategic growth initiatives and expand operational capacity.

Dr. Houqi Zhang, Founder, Chairman, and Chief Executive Officer of Autozi, commented. “This financing represents a significant milestone for Autozi as we strengthen our foundation for sustainable growth and innovation. The capital raised will enable us to execute on three strategic priorities. First, we will actively pursue targeted mergers and acquisitions within China’s auto parts supply chain to achieve end-to-end coverage, enhancing our competitive edge and efficiency. Second, we are committed to building a cross-border supply chain platform, which will serve as the cornerstone for our global expansion and overseas market penetration. Third, we will further increase investment in R&D to advance our digital and intelligent platforms ensuring our technology remains at the forefront of industry trends. These initiatives reflect our vision to lead the automotive services sector through innovation, scale, and global reach, ultimately delivering sustainable value for our shareholders and partners.”

Under the Agreement, the Company will issue an additional Note in the principal amount of $500,000 on the effectiveness date of the registration statement registering the Class A ordinary shares of the Company (the “Ordinary Shares”) underlying the Notes. The Warrants are exercisable for additional Notes in an aggregate principal amount of up to $24,000,000 every 90 days following the Closing Date. The Notes are convertible into the Company’s Ordinary Shares at a conversion price determined based on the closing sale price of the Company’s Ordinary Shares at the time of conversion, subject to adjustment as provided in the Notes.

The Notes and Warrants were offered pursuant to exemptions from registration under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506(b) of Regulation D. The Notes, Warrants, and underlying Ordinary Shares have not been registered under the Securities Act or applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption. In connection with the transaction, the Company entered into a registration rights agreement, pursuant to which it has agreed to file a registration statement with the U.S. Securities and Exchange Commission (“SEC”) to register the resale of the Ordinary Shares issuable upon conversion of the Notes. The Company plans to file a Report of Foreign Private Issuer on Form 6-K with the SEC, which will include details of the Agreement, Notes, Warrants, and the Registration Rights Agreement.

Pryor Cashman LLP acted as legal counsel to the Buyer, and Sichenzia Ross Ference Carmel LLP served as U.S. legal counsel to the Company.

About Autozi Internet Technology (Global) Ltd.
Autozi Internet Technology (Global) Ltd. is a leading, fast-growing provider of lifecycle automotive services in China. Founded in 2010, Autozi offers a comprehensive range of high-quality, affordable, and professional automotive products and services through both online and offline channels across the country. Leveraging its advanced online supply chain cloud platform and SaaS solutions, Autozi has built a dynamic ecosystem that connects key participants across the automotive industry. This interconnected network enables more efficient collaboration and streamlined processes throughout the entire supply chain, positioning Autozi as a key driver of innovation and growth in the automotive services sector.

Forward-Looking Statements
All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. These forward-looking statements speak only as of the date of this announcement, and the Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, as actual results may be impacted by a variety of factors, including without limitation, changes in macroeconomic conditions, industry dynamics, competitive landscape, regulatory requirements, the Company’s ability to successfully implement its growth strategies and effectively manage costs and operations, and unforeseen business challenges. The Company encourages investors to review other factors that may affect its future results in the Company’s registration statement, periodic reports, including its Annual Report on Form 20-F and Current Report on Form 6-K, and in its other filings with the SEC.

Contact Information
The Blueshirt Group
Jack Wang
Email: Jack@blueshirtgroup.co

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hellocare.ai to Implement Virtual Care Solution at AdventHealth to Enhance Patient Experience and Operational Efficiency

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CLEARWATER, Fla., Feb. 28, 2025 /PRNewswire/ — hellocare.ai, a leader in AI-assisted virtual care delivery, is proud to announce its planned system-wide implementation at AdventHealth, a connected system of care with more than 50 hospitals campuses in nine states. This collaboration provides an opportunity for AdventHealth to enhance its virtual care capabilities across more than 13,000 inpatient and emergency department beds, enabling enhanced monitoring and increased provider engagement when patients need it most.

hellocare.ai to Implement Virtual Care Solution at AdventHealth to Enhance Patient Experience and Operational Efficiency

By adopting hellocare’s innovative technology, AdventHealth will enhance care delivery workflows, improve patient safety, and offer 24/7 virtual support to patients while optimizing the use of clinical resources. The platform’s advanced AI ambient capabilities can provide continuous oversight and ambient intelligence, enabling AdventHealth to deliver seamless, high-quality virtual care with improved patient outcomes. This transformative technology not only streamlines team members’ workflows but also ensures that patient engagement remains personalized and effective.

“We are always seeking new ways to ensure every patient feels even more informed and supported during their care experience,” said Duncan Grodack, executive vice president and chief information officer for AdventHealth. “With the introduction of this technology, we’re giving patients greater access to their care team, providing additional support for our bedside caregivers and ensuring that loved ones can stay connected.”

“At hellocare.ai, we are committed to supporting healthcare organizations like AdventHealth in overcoming today’s challenges through technology-driven solutions,” said Labinot Bytyqi, founder and CEO of hellocare.ai. “Our AI-assisted virtual care platform is uniquely designed to not only enhance care delivery but also improve the well-being of healthcare professionals by reducing workloads and streamlining workflows. Together with AdventHealth, we aim to push the boundaries of what virtual care can achieve.”

About hellocare.ai

hellocare.ai is a leading provider of AI-assisted virtual care delivery platform Headquartered in Clearwater, FL, the company serves over 60 plus health systems across the U.S., helping healthcare providers deliver high-quality, patient-centered care while enhancing the wellbeing of clinical staff. With an innovative approach to virtual nursing, patient engagement, and AI-assisted patient monitoring, hellocare offers seamless integration into healthcare systems, transforming care delivery for the modern age. https://hellocare.ai/

About AdventHealth

AdventHealth is a connected network of care that helps people feel whole – body, mind and spirit. More than 100,000 team members across a national footprint provide whole-person care to nearly nine million people annually through more than 2,000 care sites that include hospitals, physician practices, ambulatory surgery centers, outpatient clinics, home health agencies, hospice centers, the AdventHealth app and more. Our wholistic approach to improving the health and prosperity of our communities is inspired by our mission to extend the healing ministry of Christ. For the latest news about AdventHealth, visit www.AdventHealth.com/news.

Media contact: 
mimoza.buonsanti@hellocare.ai

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Sins of a Solar Empire II – Paths to Power DLC Pack Releases on March 27, 2025

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New DLC pack for acclaimed strategy title features 10+ scenario maps with objective-based gameplay for unique single-player challenges

PLYMOUTH, Mich., Feb. 28, 2025 /PRNewswire/ — One of the best strategy games of 2024 gets even better as Sins of a Solar Empire II will be releasing its first paid DLC, “Paths to Power,” on March 27, 2025. This DLC pack features exciting challenges for players by introducing new, objective-based missions and victory conditions in 10+ new scenario maps. Each scenario features unique gameplay situations or goals, ranging from defending against relentless invaders as the Pranast United minor faction, to assimilating the human population of the galaxy as the Advent.

“The ‘Paths to Power’ DLC lays the foundation for new, more dynamic styles of gameplay in the Sins’ universe,” said Brian Clair, Executive Producer at Stardock. “Not only will players get new experiences from this DLC, but modders will gain access to a whole new set of options to bring their creations to life.”

Examples of Paths to Power Scenarios:

All as One
Planets are starting to disintegrate causing mass panic across Trader space. Has the Vasari’s nemesis finally arrived? Playing as the Vasari Alliance, you must forge unlikely partnerships with the other races and accumulate enough resources to escape. It’s a race against the clock as the map is slowly devoured by this unknown adversary!

Defend the Homeworld
Take the reigns of the Pranast United and see how long you can hold out against enemy forces in this classic ‘King of the Hill’ scenario. Waves of enemy ships will assault your homeworld, attempting to wipe you out. Victory is impossible, but how long will you survive? Compare your stats against other players and earn fame.

Scorched Space
On the edges of Trader space, scouts have discovered a curious star system that’s largely been destroyed. Strange inactive starbases of unknown design have been found that contain highly advanced technology. Will you try to restore them to gain a powerful new weapon? Or will you destroy them to keep them from your enemies?

Alongside the ‘Paths to Power’ DLC, Stardock will be releasing the v1.4 free update for Sins of a Solar Empire II for all players! This update will introduce a major gameplay mechanic with population. Population will directly interface with Culture to determine the strength of your empire’s influence, bringing a major change to how players can achieve victory through gradual conversion of citizens in other Empires. Update v1.4 will also feature several new units, gameplay balance updates, and more which will be detailed in a future dev diary.

Sins of a Solar Empire II – Paths to Power is available to wishlist on Steam and Epic Games Store. The Paths to Power DLC will be available standalone for $12.99; and is included as part of the Premium Edition Bundle for $99.99, or as part of the Sins of a Solar Empire II Content Pass for $59.99. Follow Sins II and learn more at www.sinsofasolarempire2.com.

Click HERE for Assets

About Stardock
Stardock is a pioneer in the strategy gaming genre headquartered in Plymouth, MI that has been in operation since 1991. Starting with Galactic Civilizations on Microsoft OS/2, Stardock’s influence on strategy game design is found in every new release in the genre. The company has created multiple iterations of the beloved Galactic Civilizations series and established Sins of a Solar Empire, The Political Machine, and Elemental as tentpole strategy franchises that have garnered critical and commercial success. Learn more at www.stardock.com.

Media Contact:
Stardock_Media@zebrapartners.net
Zebra Partners

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SOURCE Stardock Entertainment

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Webstar Technology Group Announces Partnership with Nelson Worldwide Architects for the Bear Village Resort in Commerce, Georgia

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Nelson Worldwide Was Named #9 on Building Design + Construction’s Top 200 Architecture Firms for 2024, ranking them as one of the top architects in the country.1

ATLANTA, Feb. 28, 2025 /PRNewswire/ — Webstar Technology Group (OTCQB: WBSR), a dynamic innovator in real estate and family entertainment, is pleased to announce a number or recent developments which will set the stage for the future growth of the company. Webstar has entered into a partnership with Nelson Worldwide Architects in Alpharetta, Georgia, to design its proposed $650 million Bear Village2 mixed-use family resort destination in Commerce, Georgia, as well as a $1.2 billion development in a premier downtown Atlanta location, which is being negotiated and is fully permitted and shovel ready.

Nelson Worldwide specializes in architecture, mixed-use design and master planning, engineering, sustainable design, and numerous other disciplines. The firm has designed both local and regional project developments such as:

The Battery Entertainment Complex (Atlanta Braves Stadium): Atlanta, GASt. Regis Hotel: Buckhead, GAThe Gathering Entertainment Hub at South Forsyth: Alpharetta, GAVelocity in the Gulch Housing: Nashville, TNLowes Hotel: Atlanta, GA

Webstar acquired the intellectual property rights to the Bear Village concept and is now moving forward with Nelson Worldwide to design its first Bear Village Entertainment complex where the project currently carries a $650 million construction budget. The objective is to capitalize on the booming family entertainment industry sector, which is projected to grow to $60 billion3 over the next 5-years. With the addition of indoor and outdoor racing tracks, this industry sector is also expected to expand, reaching $250 billion by 20314.

Bear Village will provide an array of extreme adventure sports for thrill seekers and the young at heart and will feature the following:

Indoor and Outdoor Water ParksIndoor Adventure ParkFamily Entertainment CenterIndoor and Outdoor Racing TracksAquariumConference Center300 Luxury Hotel Rooms800+ Fractional Ownership and Condo Hotel Rooms105 Luxury TownhomesRestaurants and RetailAnd other one-of-a-kind amenities

The destination is slated to sit on approximately 120 acres, and set to redefine family entertainment in the region, offering a diverse mix of attractions designed to captivate visitors of all ages. The facility will feature world-class water attractions, thrilling kart racing circuits, immersive adventure experiences, and cutting-edge entertainment options, establishing Commerce, Georgia, as a premier leisure destination.

“Our vision is to create an unparalleled entertainment experience that will attract families, thrill-seekers, and tourists from across the Southeast and beyond,” said Ricardo Haynes, CEO of Webstar Technology Group. “With Commerce’s prime location and strong community support, we believe this project will be a major economic driver, creating jobs and boosting tourism in the area.”

Bear Village Resorts is dedicated to eco-friendly, sustainable development and community engagement, ensuring that the new resort will not only enhance the local economy but also contribute positively to the Commerce community.

Stay tuned for further announcements as we make progress on this exciting development as well as the location in downtown Atlanta. 

About Webstar Technology Group

Webstar Technology Group (OTCQB: WBSR) is a leading real estate development company committed to innovation and excellence with a focus on leveraging cutting-edge solutions to drive growth and create value, and the Company is dedicated to delivering exceptional experiences for its customers and stakeholders. The Company is devoted to developing innovative projects that enhance the quality of life and provide unique entertainment, lifestyle and recreational experiences. With a focus on leading-edge entertainment, Webstar Technology Group is committed to creating destinations that inspire and delight. The Company will shortly be releasing more information on these and other relevant matters.

Investor Relations
Webstar Technology Group
P: (404) 994-7819

Donald R. Keer, P.E., Esq.
Corporate Counsel
Webstar Technology Group
P: (254) 704-2675

Forward Looking Statements Disclaimer: This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Webstar Technology Group Inc.’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such forward-looking statements include the words “vision,” “seek”, “grow”, “plan” and other expressions of a forward-looking nature. More information about the potential factors that could affect the business and financial results is and will be included in Webstar Technology Group Inc.’s filings with the OTC Markets, Securities and Exchange Commission and/or posted on the company’s website.

1 Source: https://nelsonworldwide.com/nelson-ranks-9-in-bdc-top-200-architecture-firms-for-2024/

2 Source: https://www.otcmarkets.com/filing/html?id=17736543&guid=poO-kndlL_wfJth

3 Source: https://www.verifiedmarketresearch.com/product/family-entertainment-center-market/

4 Source: https://www.precedenceresearch.com/go-kart-market?

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SOURCE Webstar Technology Group

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