SINGAPORE, Sept. 10, 2024 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) ("SAIHEAT" or the "Company") (NASDAQ:SAI, SAITW))), announces its rebranding to SAIHEAT following the approval of the proposal at its recent annual general meeting. As part of this rebranding, the Company has changed its legal name from SAI.TECH Global Corporation to SAIHEAT Limited, effective on August 13, 2024. In connection with the name change, the Company will also change its trading symbol for its Class A Ordinary Shares from "SAI" to "SAIH". The Company's warrants will continue to trade under the trading symbol "SAITW". SAIHEAT's Class A Ordinary Shares will commence trading on the Nas

SINGAPORE, Aug. 30, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company") (NASDAQ:SAI, SAITW))) announces its membership in the World Nuclear Association (WNA). As a member of WNA, SAI's CEO Arthur Lee, and the Company's Nuclear Energy Strategy Consultant François Morin, will present in World Nuclear Symposium 2024 this September. As a new member, SAI will promote best practices with HEATNUC Gen. III and Gen. IV small modular reactors in the World Nuclear Symposium 2024. The symposium, organized by the WNA, is a premier event for industry professionals to discuss the latest advancements, challenges, and opportunities within the nuclear sector. This m

SINGAPORE, Aug. 16, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company") (NASDAQ:SAI, SAITW))), announces the signing of a Memorandum of Understanding (the "MoU") with Idaho Competitive Aquatics, LLC. (the "Idaho Competitive") regarding SAI US Inc.'s Idaho Central Aquatic Center Project. This initiative will establish the next SAINODE in Idaho, integrating SAI's Advanced Computing Center Ecosystem (ACCE) to enhance heating efficiency in aquatic center operations. The MoU represents a collaborative effort between SAI and Idaho Competitive, leveraging Idaho Competitive's site resources and supplier coordination alongside SAI's installation of a liquid-

SINGAPORE, Aug. 15, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company") (NASDAQ: SAI, SAITW) today announced that all of the shareholder proposals submitted for shareholder approval (the "Proposals") as set forth in the notice of annual general meeting dated July 23, 2024 (the "Notice of AGM") have been duly adopted at its annual general meeting of shareholders held virtually at www.virtualshareholdermeeting.com/SAI2024 on August 13, 2024, as adjourned from August 6, 2024 (the "AGM"). After the adoption of the Proposals, all corporate authorizations and actions contemplated thereunder were approved, including, among other things, that (i) Mr. Heung

SINGAPORE, Aug. 06, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company") (NASDAQ:SAI, SAITW))), today announced that the Annual General Meeting (the "AGM") of the Company convened on August 6, 2024 has been adjourned, due to lack of requisite quorum, to Tuesday, August 13, 2024 at 9:00 a.m. Eastern Standard Time at http://www.virtualshareholdermeeting.com/SAI2024. The record date for the adjourned annual meeting continues to be July 19, 2024. The Company adjourned the AGM for the purpose of allowing additional time for shareholders to vote on the proposals as set forth in the Company's Notice of AGM and Form of Proxy for the AGM, dated July 23, 202

SINGAPORE, July 23, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company") (NASDAQ:SAI, SAITW))), today announced that it will hold an annual general meeting (the "AGM") of shareholders (the "Notice of AGM") virtually at http://www.virtualshareholdermeeting.com/SAI2024 on August 6, 2024 at 9:00 a.m. Eastern Standard Time, for the purposes of considering and, if thought fit, passing the proposals set forth in the Notice of AGM. The Notice of AGM and Form of Proxy for Annual General Meeting are available on the Company's SEC EDGAR filing page. The board of directors of SAI.TECH fully supports the proposals listed in the Notice of AGM and recommends tha

SINGAPORE, July 17, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company") (NASDAQ:SAI, SAITW))), today announced that its board of directors has authorized a new share repurchase program under which the Company may repurchase up to US$1 million and up to 1 million shares of its ordinary shares until January 11, 2025. The Company plans to adopt and implement this share repurchase program in accordance with applicable rules and requirements under the Securities Exchange Act of 1934, as amended, and the Company's insider trading policies. The Company's proposed repurchases may be made from time to time in the open market at prevailing market prices, in p

SINGAPORE, July 11, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company") (NASDAQ:SAI, SAITW))), announced the appointment of François Morin as the Nuclear Energy Strategy Consultant of the Company. Mr. Morin will be responsible for evaluating the company's market extension for small modular reactors both in Asia and globally. François Morin is a renowned expert in the nuclear sector, currently serving as Director at the World Nuclear Association (WNA) and associate professor at multiple universities. Prior to this role, he conducted research in the biophysics lab of the French Atomic Energy Commission (CEA) and has extensive experience as a senior en

SINGAPORE, July 09, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company") (NASDAQ:SAI, SAITW))) announces the signing of two Memorandums of Understanding (MoU) for HEATNUC products aimed at strengthening cooperation within the small modular reactor industry. These MoUs are set to enhance SAI.TECH's competitiveness in the Middle Eastern and international markets while increasing localization efforts in the region. The first MoU, signed with Suzhou East Instrument Technology Co., Ltd., signifies a strategic partnership focused on the export of electrical and instrumentation control system equipment for nuclear power and engineering projects. This incl

SINGAPORE, June 28, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company") (NASDAQ:SAI, SAITW))), announces the signing of a Memorandum of Understanding (MoU) with Al-Farabi Kazakh National University (the "University") in the Republic of Kazakhstan. This collaboration aims to bolster educational and scientific research initiatives in the region. The MoU signifies a collaborative effort between SAI.TECH and the University spanning humanities, social sciences, and natural sciences. It includes exchanges of faculty and administrative staff, educational training programs for educators, and opportunities for student exchanges at both undergraduate and grad

Shares of Chuy’s Holdings, Inc. (NASDAQ:CHUY) rose sharply in today's pre-market trading after the company and Darden Restaurants, Inc. (NYSE:DRI) jointly announced that Darden will acquire Chuy's Holdings. Chuy's Holdings and Darden entered into a definitive agreement in which Darden will acquire all of Chuy's outstanding stock for $37.50 per share in cash. The all-cash transaction has an enterprise value of approximately $605 million. Chuy’s Holdings shares jumped 47.4% to $37.27 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Onconetix, Inc. (NASDAQ:ONCO) gained 65% to $0.2458 in pre-market trading. On July 15, Onconetix announced cl

Shares of WD-40 Company (NASDAQ:WDFC) rose sharply in today's pre-market trading after the company posted stronger-than-expected results for its third quarter on Wednesday. Quarterly sales came in at $155 million which beat the analyst consensus estimate of $145.8 million. WD-40 reported quarterly earnings of $1.46 per share which beat the analyst consensus estimate of $1.27 per share, according to data from Benzinga Pro. WD-40 shares jumped 12.5% to $247.20 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Volcon, Inc. (NASDAQ:VLCN) rose 65.8% to $6.05 in pre-market trading after declining over 6% on Wednesday. Actelis Networks, Inc.

Aims To Enhance Competitiveness And Localization Efforts In Middle Eastern And International Markets

SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company") (NASDAQ:SAI, SAITW))))), announces the signing of a Memorandum of Understanding (MoU) with Al-Farabi Kazakh National University (the "University") in the Republic of Kazakhstan. This collaboration aims to bolster educational and scientific research initiatives in the region.

SC 13D - SAI.TECH Global Corp (0001847075) (Subject)

SC 13G - SAI.TECH Global Corp (0001847075) (Subject)

SINGAPORE, Aug. 15, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company") (NASDAQ: SAI, SAITW) today announced that all of the shareholder proposals submitted for shareholder approval (the "Proposals") as set forth in the notice of annual general meeting dated July 23, 2024 (the "Notice of AGM") have been duly adopted at its annual general meeting of shareholders held virtually at www.virtualshareholdermeeting.com/SAI2024 on August 13, 2024, as adjourned from August 6, 2024 (the "AGM"). After the adoption of the Proposals, all corporate authorizations and actions contemplated thereunder were approved, including, among other things, that (i) Mr. Heung

SINGAPORE, July 11, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company") (NASDAQ:SAI, SAITW))), announced the appointment of François Morin as the Nuclear Energy Strategy Consultant of the Company. Mr. Morin will be responsible for evaluating the company's market extension for small modular reactors both in Asia and globally. François Morin is a renowned expert in the nuclear sector, currently serving as Director at the World Nuclear Association (WNA) and associate professor at multiple universities. Prior to this role, he conducted research in the biophysics lab of the French Atomic Energy Commission (CEA) and has extensive experience as a senior en

SINGAPORE, Sept. 14, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (("SAI.TECH" or "SAI" or the "Company", NASDAQ:SAI, SAITW)) today announced that all of the shareholder proposals submitted for shareholder approval (the "Proposals") as set forth in the notice of annual general meeting dated August 3, 2023 (the "Notice of AGM") have been duly adopted at its annual general meeting of shareholders held virtually at www.virtualshareholdermeeting.com/SAI2023 on September 6, 2023 (the "AGM"). After the adoption of the Proposals, all corporate authorizations and actions contemplated thereunder were approved, including, among other things, that (i) Mr. Risheng Li is re-elected as a Class

SINGAPORE, April 21, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ((", SAI.TECH", OR ", SAI", or the ", Company", , NASDAQ:SAI), a Sustainable Bitverse Operator announced the appointment of Adrian Xia to be the AI and Data Center Technical consultant of SAI.TECH's HPC business line, to be responsible for developing hardware system architecture for AI and LLM as well as GPU clusters enabled with ULTIAAS's liquid cooling and waste heat utilization technology. Mr Xia served at Intel Corporation for 15 years and held the position of Platform thermal architect and technical Lead under Data Center and AI group, where he focused on the high performance computing product line, led to defi