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ChipMOS REPORTS OCTOBER 2024 REVENUE

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HSINCHU, Nov. 8, 2024 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today reported its unaudited consolidated revenue for the month of October 2024. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$32.01 to US$1.00 as of October 31, 2024.

Revenue for the month of October 2024 was NT$1,784.9 million or US$55.8 million, representing a decrease of 5.5% from September 2024, and a decrease of 9.4% from October 2023. The Company’s revenue is inline with its comments on its November 5, 2024 earnings call, which noted DRAM would benefit from improving end markets, while NAND flash and DDIC were expected to be impacted by a weaker market demand, conservative ordering and inventory adjustments at customers.

Consolidated Monthly Revenues (Unaudited)

October 2024

September 2024

October 2023

MoM Change

YoY Change

Revenues

   (NT$ million)

1,784.9

1,888.9

1,970.0

-5.5 %

-9.4 %

Revenues

   (US$ million)

55.8

59.0

61.5

-5.5 %

-9.4 %

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide. 

Forward-Looking Statements:

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company’s other filings with the SEC.

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com 

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com 

 

View original content:https://www.prnewswire.com/news-releases/chipmos-reports-october-2024-revenue-302299535.html

SOURCE ChipMOS TECHNOLOGIES INC.

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Ecuador’s Roberto Valencia Wins First Prize for The Strange Case of the Human Cannonball at TRT World Citizen Humanitarian Film Festival 2024

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The winners of the 2024 TRT World Citizen “Humanitarian Film Festival,” organized by Turkish Radio and Television Corporation (TRT), have been announced.

ISTANBUL, Nov. 8, 2024 /PRNewswire/ — To provide a significant platform for filmmakers to address humanitarian issues from unique perspectives, Turkish Radio and Television Corporation (TRT) hosted its TRT World Citizen “Humanitarian Film Festival” for the sixth time this year. The award ceremony, held at the Atatürk Cultural Center, was hosted by Director General of TRT, Mehmet Zahid Sobacı and attended by Presidency’s Head of Communications Fahrettin Altun, along with numerous guests from the cinema and arts community.

Head of Communications Altun: “We support this festival for bringing together producers and directors who serve humanity with their works.”

Speaking at the award ceremony, the Presidency’s Head of Communications, Fahrettin Altun, stated, “This festival underscores the significance of safeguarding human rights, social justice, and peace and addressing the effects of environmental problems on human life.”

“The TRT World Citizen Humanitarian Film Festival is an institutional manifestation of Türkiye’s sensitivities regarding this matter. We strongly support this festival, which has become a tradition, to bring together valuable producers and directors who also serve humanity with their works,” he added.

Director General of TRT Sobacı: “The world is perhaps in more need than ever of the profound narratives of cinema.”

Director General of TRT Mehmet Zahid Sobacı, speaking at the award ceremony, emphasized that the Humanitarian Film Festival aims to draw attention to global humanitarian issues and inspire positive change worldwide.

Sobacı continued, “As Türkiye’s public broadcaster, TRT is responsible for being the voice of the overlooked and making the invisible visible in all activities, including cinema. The Humanitarian Film Festival is a significant reflection of this duty. Through this festival, we strive to bring the struggles of the marginalized and disregarded to the forefront of humanity’s consciousness, opening a door of understanding from Türkiye to the world.”

Best films were awarded

This year, the “Best Film” award went to Roberto Valencia from Ecuador for “The Strange Case of the Human Cannonball”. The second prize was awarded to Ali Sohail Jaura from Pakistan for “Murder Tongue”, and the third prize went to Jimmy Ming Shum from Japan for “Talk to Me”.

Photo: https://mma.prnewswire.com/media/2549426/TRT.jpg

Contact: 
Sezin Soylu
sezin.soylu@trt.net.tr

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Toei Animation’s Hypergalactic Game Universe Launches with Twin Atlas’ Monkey Quest and 7 Additional Supporting Games and Experiences From Leading Roblox Developers

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LOS ANGELES, Nov. 8, 2024 /PRNewswire/ — Toei Animation, in collaboration with Spaceport and Twin Atlas is excited to announce Hypergalactic: Monkey Quest, a Roblox game launched in support of the upcoming feature film, Hypergalactic. This highly anticipated game, developed by 2023 Roblox Studio of the Year Twin Atlas, serves as the central player hub for a connected universe of interconnected games and experiences on Roblox beginning with an additional 7 games, all licensed through Spaceport Technologies. Studios developing the soon to be released games and experiences include Banana Studios, Boss Studio, Brave Turtles, Fire Games, Intention Entertainment, Method Men Studios and Misfits Gaming.

Monkey Quest, the core game at the center of the Hypergalactic Universe, offers fans a first glimpse into the vibrant and action-packed world of Hypergalactic, featuring immersive gameplay, stunning visuals, and engaging storylines. As players navigate through the core game, they will have the opportunity to explore interconnected games that expand on the Hypergalactic universe, each offering unique experiences and exclusive content. Players can transport themselves to the different games by utilizing portals that are strategically positioned in the game. This gives them an ever-growing variety of games and experiences that currently range from tower defense style games to restaurant management to themed takeovers, and will grow over time.

Le Zhang, Founder and CEO of Spaceport, shared his excitement: “The launch of the Hypergalactic core game on Roblox is a major milestone for Toei Animation and Spaceport. By creating a central hub and connecting it with a universe of licensed games, we are providing fans with a comprehensive and dynamic series of experiences that will introduce them to the most exciting new IP from Toei Animation.”

Yoshi Ikezawa, Head of International Co-Production at Toei Animation, added, “We are thrilled to see the launch of the first series of games for Hypergalactic, developed by so many talented Roblox game developers. Monkey Quest serves as the gateway to a larger universe of interactive experiences, allowing fans to dive deep into the world of Hypergalactic. By collaborating with multiple development studios through Spaceport, we can offer a diverse array of games that capture the essence of our film. Creating moments of delight as our new fans [IKEZAWA1] immerse themselves into the stories of Hypergalactic.”

Launching multiple games prior to the film release is an innovative and brand-new strategic approach designed to build excitement and anticipation for the new characters and IP featured in Hypergalactic. By engaging fans early with immersive gameplay and interactive experiences, Toei Animation aims to introduce the audience to the rich narrative and complex characters of Hypergalactic, creating a strong emotional connection even before the movie hits theaters. This multi-game universe allows for a deeper exploration of the Hypergalactic world, providing fans with varied perspectives and adventures that enrich their overall experience and investment in the story.

To experience the game, you can find it on the Roblox store here: https://www.roblox.com/games/77343145631801/Hypergalactic-Monkey-Quest

About Spaceport

Spaceport is building the Internet of IP (Intellectual Property) by seamlessly connecting brands and agencies with the world’s largest network of creators and developers. The company’s mission is to democratize access to the world’s best IPs, empowering owners to unlock new revenue streams and enhance fan engagement. As the leading solution for creators on top platforms like Roblox, Fortnite and Threadless, Spaceport is shaping a future where all IP, both online and offline, is efficiently managed and monetized through their innovative web3-based infrastructure. Founded in 2022 with offices in Boston and Los Angeles, Spaceport is pioneering the future of IP.

About Toei Animation Inc.

Toei Animation Co., Ltd. ranks amongst the world’s most prolific animation production studios. The company’s operations include animation development and production, and worldwide marketing and program licensing. The company is expanding its business worldwide under its corporation principle of “becoming a leader in initiating creations which deliver ‘dreams’ and ‘hope’ to children and people all over the world”. Since its founding in 1956, Toei Animation Co., Ltd. has produced more than 13,316 episodes of TV series (more than 230 titles) and more than 258 long feature films (as of March 2022), such as “Mazinger Z”, “Dragon Ball” series, “Pretty Guardian Sailor Moon” series, “One Piece”, and more. Many works transcend generations and are enjoyed by parents and children alike.

About Twin Atlas

Twin Atlas is a leader in Roblox development and the metaverse. With notable award-winning games and activations with top brands, Twin Atlas has accumulated over 3.6 billion total plays, alongside a dedicated team of over 60 full-time developers internationally. Committed to creating breakthrough experiences and original content, Twin Atlas strives to achieve high quality entertainment, as well as creating innovative and engaging metaverse experiences that captivate players of all ages.

View original content:https://www.prnewswire.com/news-releases/toei-animations-hypergalactic-game-universe-launches-with-twin-atlas-monkey-quest-and-7-additional-supporting-games-and-experiences-from-leading-roblox-developers-302299735.html

SOURCE Spaceport.xyz

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CleanSpark Comments on Trading Halt Related to Clerical Warrant Conversion Error

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No Change to Company’s Business, Operations or Financial Statements

LAS VEGAS, Nov. 8, 2024 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK), America’s Bitcoin Miner® (the “Company”), today addressed the trading halt imposed by Nasdaq following an issue relating to the calculation of the number of outstanding warrants (Nasdaq: CLSKW) (the “Warrants”) and the number of shares underlying those Warrants. The trading halt is not the result of any issue associated with CleanSpark’s business, operations, filings with the SEC, financial statements or securities. 

The Warrants were originally issued by GRIID Infrastructure, Inc. (“GRIID”) and converted into CleanSpark warrants in connection with the Company’s acquisition of GRIID on October 30, 2024. In connection with the consummation of the acquisition of GRIID, and pursuant to the terms of the merger agreement, the Warrants were to be adjusted to reflect the merger exchange ratio of 0.069593885 of a share of the Company’s common stock for each share of GRIID common stock. As a result, the outstanding 13,800,000 Warrants are to represent the right to purchase an aggregate of 960,395 shares of the Company’s common stock at an exercise price of $165.24 for each full share. However, the exchange ratio was erroneously applied to the Warrants in certain documentation, including the listing application filed with Nasdaq.

The Company contacted representatives of Nasdaq promptly upon becoming aware of this issue and is working diligently to resolve this issue and allow trading of its common stock and Warrants to resume.

About CleanSpark
CleanSpark (Nasdaq: CLSK) is America’s Bitcoin Miner®. We own and operate multiple data centers that primarily run on low-carbon power. Our infrastructure responsibly supports Bitcoin, the world’s most important digital commodity and an essential tool for financial independence and inclusion. We cultivate trust and transparency among our employees and the communities we operate in. Visit our website at www.cleanspark.com.

Forward-Looking Statements
This press release includes “forward-looking statements” as defined under the federal securities laws. All statements other than statements of historical fact included in this press release, including, among other things, statements regarding the Warrants and the business combination transaction between CleanSpark and GRIID, future events, plans and anticipated results of operations, business strategies, the anticipated benefits of the transaction, the anticipated impact of the transaction on CleanSpark’s business and future financial and operating results, the expected amount and timing of synergies from the transaction and other aspects of CleanSpark’s operations or operating results are forward-looking statements. Words and phrases such as “ambition,” “anticipate,” “estimate,” “believe,” “budget,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” and other similar words can be used to identify forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. Where, in any forward-looking statement, CleanSpark expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future performance and involve certain risks, uncertainties and other factors beyond CleanSpark’s control. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in the forward-looking statements.

The following important factors and uncertainties, among others, could cause actual results or events to differ materially from those described in forward-looking statements: CleanSpark’s ability to quickly resolve the Warrant calculation issue and enable trading its securities on Nasdaq to be resumed; CleanSpark’s ability to successfully integrate GRIID’s businesses and technologies, which may result in the combined company not operating as effectively and efficiently as expected; the risk that the expected benefits and synergies of the transaction may not be fully achieved in a timely manner, or at all; the risk of potential litigation relating to the transaction that could be instituted against CleanSpark or its directors; the risk that CleanSpark will be unable to retain and hire key personnel; unanticipated difficulties, liabilities or expenditures relating to the transaction; the effect of the transaction on CleanSpark’s common stock price and uncertainty as to the long-term value of CleanSpark common stock; risks that the transaction disrupts current plans and operations of CleanSpark and its management team and potential difficulties in hiring or retaining employees as a result of the transaction; reliance on a limited number of key employees; the availability of financing opportunities and risks associated with economic conditions; dependency on continued growth in blockchain and bitcoin usage; anticipated additions to CleanSpark’s hashrate and the timing thereof; the risk that the electrical power available to CleanSpark’s facilities does not increase as expected; the success of CleanSpark’s digital currency mining activities; the volatile and unpredictable cycles in the emerging and evolving industries in which CleanSpark operate; increasing difficulty rates for bitcoin mining; bitcoin halving; changes in network and infrastructure; new or additional governmental regulation; the anticipated delivery dates of new miners; the ability to successfully deploy new miners; the dependency on utility rate structures and government incentive programs; dependency on third-party power providers for expansion efforts; the expectations of future revenue growth and ability to execute on business strategy; CleanSpark’s ability to remediate the material weakness identified in the internal control over financial reporting included in its Annual Report on Form 10-K for the fiscal year ended September 30, 2023; global and regional changes in the demand for the services of CleanSpark, including the conflicts in Ukraine and the Middle East, and the global response to such conflict, security threats on facilities and infrastructure; insufficient liquidity; unexpected cost increases, inflationary pressures or technical difficulties in constructing, maintaining or modifying company facilities; legislative and regulatory initiatives addressing global climate change or other environmental concerns; public health crises, including pandemics (such as COVID-19) and epidemics and any impacts or related company or government policies or actions; international monetary conditions and exchange rate fluctuations; CleanSpark’s ability to complete any other announced or any other future dispositions or acquisitions on time, if at all; security and cybersecurity threats and hacks; dependency on third parties to maintain cold and hot wallets that hold CleanSpark’s bitcoin; the expectations of future revenue growth and ability to execute on CleanSpark’s business strategy; and other economic, business, competitive and/or regulatory factors affecting CleanSpark’s business generally as set forth in its filings with the SEC. For additional information about other factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to CleanSpark’s periodic reports and other filings with the SEC, including the risk factors contained in CleanSpark’s most recent Quarterly Reports on Form 10-Q and Annual Report on Form 10-K for the fiscal year ended September 30, 2023, and any subsequent filings with the SEC. Forward-looking statements represent current expectations and are inherently uncertain and are made only as of the date hereof (or, if applicable, the dates indicated in such statement). Forward-looking statements contained herein are made only as to the date of this press release, and CleanSpark assumes no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law.

Investor Relations Contact
Brittany Moore
702-989-7693
ir@cleanspark.com  

Media Contact
Eleni Stylianou
702-989-7694
pr@cleanspark.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cleanspark-comments-on-trading-halt-related-to-clerical-warrant-conversion-error-302300039.html

SOURCE CleanSpark, Inc.

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