Ambiq Announces Pricing of Upsized Initial Public Offering

AUSTIN, Texas, July 30 (Bernama-GLOBE NEWSWIRE) -- Ambiq Micro, Inc. (“Ambiq”), a technology leader in ultra-low-power semiconductor solutions for edge AI, today announced the pricing of its upsized initial public offering of 4,000,000 shares of its common stock at a public offering price of $24.00 per share. The gross proceeds to Ambiq from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Ambiq, are expected to be $96.0 million. In addition, Ambiq has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares (solely to cover over-allotments, if any) of its common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol “AMBQ” on July 30, 2025, and the offering is expected to close on July 31, 2025, subject to the satisfaction of customary closing conditions.

BofA Securities and UBS Investment Bank are acting as joint lead book-running managers for the offering. Needham & Company and Stifel are acting as joint book-running managers for the offering.

A registration statement relating to the offering of securities was declared effective by the U.S. Securities and Exchange Commission on July 29, 2025. The offering is being made only by means of a prospectus. When available, copies of the final prospectus relating to the offering may be obtained by contacting: BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, North Carolina 28255-0001, Attention: Prospectus Department, or by email at dg.prospectus_requests@bofa.com or UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, New York 10019, by telephone at (888) 827-7275 or by emailing ol-prospectus-request@ubs.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Ambiq

Ambiq’s mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. Ambiq enables its customers to deliver AI compute at the edge where power consumption challenges are the most severe. Ambiq’s technology innovations, built on the patented and proprietary subthreshold power optimized technology (SPOT®), fundamentally deliver a multi-fold improvement in power consumption over traditional semiconductor designs. Ambiq has powered over 270 million devices to date.

Forward-Looking Statements

The statements contained in this press release that are not historical facts are forward-looking statements. You can identify forward-looking statements because they contain words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “estimates,” or “anticipates,” or similar expressions which concern our strategy, plans, projections or intentions. These forward-looking statements may be included throughout this press release, and include, but are not limited to, statements relating to Ambiq’s expected gross proceeds from the initial public offering, the expected date for Ambiq common stock to begin trading on the New York Stock Exchange and the expected closing of the initial public offering. By their nature, forward-looking statements are not statements of historical fact or guarantees of future performance and are subject to risks, uncertainties, assumptions or changes in circumstances that are difficult to predict or quantify. Ambiq’s expectations, beliefs and projections are expressed in good faith and Ambiq believes there is a reasonable basis for them. However, there can be no assurance that management’s expectations, beliefs and projections will result or be achieved and actual results may vary materially from what is expressed in or indicated by the forward-looking statements. Any forward-looking statement in this press release speaks only as of the date of this release. Ambiq undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Contact

Charlene Wan 
VP of Corporate Marketing and Investor Relations
cwan@ambiq.com 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2b0020d4-b17f-45b8-a173-5f4318a97b59 

SOURCE: Ambiq Micro

Bitget’s GetAgent AI Trading Assistant Sees Explosive Adoption, Ignites Community Frenzy

 

VICTORIA, Seychelles, July 28 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has witnessed explosive demand following the launch of GetAgent, the world’s first crypto-native AI trading assistant. In just a few days, GetAgent has taken the crypto world by storm driving record-breaking user engagement, viral social media buzz, and significant token burns.

GetAgent is an AI trading assistant that combines real-time market intelligence with personalized trading strategies. Built on a large language model trained by Bitget, GetAgent allows users to interact with the market using natural language, asking questions like “What’s trending today?” or “Buy $1,000 USDT of ETH” and receive actionable insights and execution support. The assistant can generate tailored trading strategies based on user preferences, and even help execute trades on Bitget.

The launch in early July sparked unprecedented demand, with Bitget projecting a token burn of $300,000 to $500,000 in the first 30 days. This burn reflects not only the overwhelming interest in AI-powered crypto trading, but also Bitget’s deep commitment to creating sustainable value for its community and ecosystem.

Social media platforms have been flooded with positive sentiment, as users share screenshots of profitable trades made with GetAgent’s support. With over 30,000 mentions in the first 14 days of launch, 1.2 billion media impressions, and nearly 20,000 users still on the waitlist, access codes have quickly become one of the most sought-after commodities in the crypto community.

User engagement metrics further underscore GetAgent’s momentum. Those with access are averaging 15+ daily interactions, with a 7-day retention rate exceeding 30%—a remarkable benchmark in any digital product category. Users are increasingly relying on GetAgent as an everyday trading companion.

“GetAgent is more than just a tool—it’s the beginning of a new trading paradigm where AI empowers every crypto trader, regardless of experience level,” said Gracy Chen, CEO of Bitget. “The overwhelming response from our community reaffirms our vision to bring smart, accessible, and user-centric products to the market. We’re excited to see how GetAgent reshapes the future of trading.”

Looking ahead, GetAgent is expected to be made available to all Bitget users in Q3. The product will also be upgraded to support contract trading, earn products, and trading bots, enabling users to complete a wide range of crypto investment activities through simple, conversational interactions.

As the first product of its kind in the industry, GetAgent combines conversational AI with real market execution, making crypto trading smarter, faster, and more intuitive. Bitget will continue to roll out access to waitlisted users and enhance the product’s capabilities.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b4eea7a8-0492-4f6f-83a3-0d36e3837d42 

SOURCE: Bitget Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

FACIA Achieves 100 Pct Accuracy On Deepfake Detection Benchmark

KUALA LUMPUR, July 23 (Bernama) -- FACIA, a global leader in facial biometric technology, has announced that its deepfake detection system achieved 100 per cent accuracy on Meta’s Deepfake Detection Challenge Dataset (DFDC), reinforcing its position in combatting synthetic media threats.

In a statement, the company said its proprietary algorithm was tested on over 100,000 images and videos across multiple datasets, with an overall detection accuracy of 99.6 per cent.

“This is not just about setting a benchmark. Deepfakes are proliferating rapidly, and scalable detection systems are now critical for public agencies, social platforms, and financial services,” said FACIA Chief Technology Officer, Daniyal Assad Chughtai.

Deepfake content tripled in 2023, with manipulated media widely used in fraud, disinformation, and non-consensual content, prompting increased concern and regulatory action globally.

The DFDC dataset, considered a benchmark for deepfake testing, includes 2,100 altered videos using eight facial modification techniques. FACIA also tested its algorithm on an internal dataset of 3,430 artificial intelligence-generated images from tools such as Midjourney, Artbreeder, and Leonardo.ai, achieving 89.01 per cent accuracy.

Combined testing across four additional open-source datasets contributed to the system’s total detection score, which FACIA said was relevant to industries such as finance, defence, and immigration.

Unlike conventional frame-by-frame methods, FACIA’s detection uses a multi-layered pipeline tailored for today’s advanced deepfake techniques, with consistently low false acceptance and rejection rates. The technology’s reliability is suited to high-assurance identity verification, offering real-time, scalable implementation for deepfake-vulnerable environments.

FACIA plans to further enhance its system with multilingual spoof detection, broader dataset training, and improved application programming interface (API) support to facilitate integration with third-party platforms.

The announcement comes amid growing scrutiny of synthetic media on major platforms such as Meta, TikTok, and X (formerly Twitter), which are under pressure to counter misinformation and manipulated content.

FACIA is currently offering live demonstrations of its deepfake detection system to potential partners and clients across affected sectors.

-- BERNAMA

AM Best to Sponsor and Participate at Vietnam Insurance Summit

SINGAPORE, July 23 (Bernama-BUSINESS WIRE) -- AM Best will participate and be a sponsor at the Vietnam Insurance Summit, to be held 1 August 2025 in Quy Nhon, Vietnam.

AM Best Senior Financial Analyst Ken Lau will discuss the credit rating agency’s 2025 outlook on Vietnam’s non-life insurance segment. Lau, who joined AM Best in 2020, is responsible for the credit ratings of insurance and reinsurance companies in the Asia Pacific region and is particularly knowledgeable with Vietnam’s insurance market. The presentation, which will include topics such as insurance demand, regulatory refinements and market competition, is scheduled for 2:15 p.m. ICT.

Additionally, Rob Curtis, managing director and chief executive officer, Asia Pacific, and Johnathan Wong, market development analyst, Asia Pacific, will be in attendance and available for meetings. To arrange a meeting with either Curtis or Wong to learn more about AM Best, its role in the insurance industry and the resources it offers to insurance professionals, including Best’s Credit Ratings, please email rob.curtis@ambest.com or johnathan.wong@ambest.com.

Under the theme “Insurance Development Strategy in the AI Revolution,” the summit will focus on artificial intelligence (AI) applications, data-sharing systems, digital ecosystem development and customer experience optimization through a plenary session and two in-depth conference tracks.

AM Best is a diamond sponsor of the event, which will take place at the Hotel Anya Premier. To learn more about the summit, visit here.

Visitors to the AM Best booth can learn about the rating agency's Best’s Credit Ratings, insurance data and analysis resources and financial data products and Best’s Performance Assessment for Delegated Underwriting Authority Enterprises (DUAEs).

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2025 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250722630263/en/ 

Contact

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Cynthia Ang
Senior Industry Research Analyst
+65 6303 5026
cynthia.ang@ambest.com

Source : AM Best 

--BERNAMA

SYNERVEST GROUP SECURES US$4 MLN SERIES A TO FUEL GLOBAL FINTECH EXPANSION

 

KUALA LUMPUR, July 24 (Bernama) -- Fintech holding company, Synervest Group has raised US$4 million in a Series A funding round led by Jura Investment Group, with continued backing from CMT Digital, doubling its valuation to US$60 million from a year ago. (US$1=RM4.21)

In a statement, Synervest said the fresh funding follows a period of strong commercial and operational momentum across its portfolio of trading, payments, and financial technology businesses.

The funds will be used to drive international expansion, enhance regulatory capabilities, and strengthen its institutional offerings.

“Bringing Jura on board as a strategic partner, alongside the continued backing of CMT Digital, is a major endorsement of our model and long-term vision.

“This partnership enables us to scale faster, deepen our regulatory capabilities, and broaden our reach across institutional markets,” said Synervest Group Founding Partner, Alexander Oelfke.

Jura Investment Group Chief Executive Officer, Bas Kooijman added that Synervest’s innovative fintech approach aligns well with the group’s vision, adding that it sees strong potential in supporting Synervest’s global expansion.

Meanwhile, CMT Digital Co-Founder, Jan-Dirk Lueders said the future of financial markets will be shaped by firms capable of operating across borders while maintaining high regulatory standards.

“Synervest is building precisely that—robust trading infrastructure designed for global institutions,” he said.

With legal entities and regulatory licences in key international jurisdictions, Synervest maintains operational hubs in Europe and the Middle East, serving financial institutions seeking compliant and scalable cross-border infrastructure.

-- BERNAMA

PROVENIR POWERS AI-DRIVEN LENDING REVOLUTION AT MALAYSIA’S RYT BANK

KUALA LUMPUR, July 23 (Bernama) -- Provenir, a global leader in artificial intelligence (AI) risk decisioning software, has partnered with Ryt Bank, the world’s first AI-powered bank, to accelerate consumer lending through real-time credit risk assessments and personalised offers.

The Provenir AI Decisioning Platform enables Ryt Bank to deliver instant loan approvals while automating regulatory compliance and adapting to evolving market risks, according to a statement.

Provenir Head of APAC, Kavinesswaran Karthigasan said: “Ryt Bank is redefining digital banking, and we are proud to fuel that transformation.

“Our AI Decisioning Platform will provide the foundation for Ryt Bank to help reach its business goals via AI-driven decisioning that meets customer expectations for near instant approvals and highly personalised digital interactions.”

As a newly licensed digital bank in Malaysia, Ryt sought a cutting-edge decisioning infrastructure to match its mission of banking with speed, simplicity, and innovation.

Provenir’s platform provides deep data insights that power tailored loan offers, enhancing customer experience with smarter, faster finance.

With adaptive AI models, Provenir ensures Ryt Bank stays ahead in a dynamic market environment, safeguarding risk management standards.

Together, Provenir and Ryt Bank aim to create meaningful financial impact across Malaysia with innovative, AI-powered solutions.

-- BERNAMA

AM BEST ASSIGNS STABLE OUTLOOK TO VIETNAM’S MILITARY INSURANCE CORPORATION

KUALA LUMPUR, July 22 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B++ (Good), a long-term issuer credit rating of “bbb” (Good) and a Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) to Military Insurance Corporation (MIC).

The outlook assigned to these credit ratings (ratings) is stable, reflecting Vietnam-based MIC’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

AM Best in a statement said the ratings also factored in a neutral impact from the company’s ultimate parent, Military Commercial Joint Stock Bank (MB).

As measured by Best’s Capital Adequacy Ratio, MIC’s balance sheet strength assessment is underpinned by the strongest level of risk-adjusted capitalisation. It benefits from good financial flexibility, with a demonstrated track record of capital injections over the last 10 years.

The company’s track record of robust internal capital generation is also viewed to be supportive of capital requirements arising from planned business growth, in addition to having a conservative investment strategy, with the majority of investments held in cash, term deposits and fixed-income securities.

AM Best considers MIC's operating performance to be satisfactory, with an average return on equity of 11.2 percent over five years and a combined ratio of 98.5 percent from 2020 to 2024, while its steady income from term deposits and bonds plays a key role in its total earnings.

However, the company posted an underwriting loss last year, mainly driven by Typhoon Yagi and other one-off factors, as it also reported a return to underwriting profitability in the first quarter of 2025. Prospective business expansion in wholesale lines is expected to support an improvement in overall results.

Furthermore, the credit rating agency assesses MIC’s business profile as neutral. The company ranked fourth by gross premiums written in Vietnam’s non-life insurance market, with approximately 6.3 per cent market share in 2024.

-- BERNAMA

Bitget Launchpool Lists Caldera (ERA) with over 2.6M in Token Rewards

VICTORIA, Seychelles, July 18 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Caldera (ERA) for spot trading. Caldera is a rollup platform on Ethereum that enables horizontal scaling and interoperability between rollups. Trading for the ERA/USDT pair began on 17 July 2025, 15:30 (UTC), with withdrawals available from 18 July 2025, 16:30 (UTC).

Bitget will launch a Launchpool campaign offering 2,666,600 ERA in total rewards. Eligible users can participate by locking BGB, BTC or ETH during the event, which runs from 18 July 2025, 05:00 to 21 July 2025, 05:00 (UTC). In the BGB locking pool, users can lock between 5 to 50,000 BGB, with maximum limits determined by their VIP tier, for a chance to earn a share of 1,000,000 ERA. In the BTC pool, users can lock between 0.0001 and 23 BTC to receive a portion of 833,300 ERA. In the ETH pool, users can lock between 0.002 and 450 ETH to grab a share of 833,300 ERA.

Caldera is a Web3 infrastructure platform that streamlines the creation of customizable Ethereum L2 rollups, enabling developers to configure elements like gas tokens, data availability layers, and technology stacks including Arbitrum, Optimism, and zkSync. At its core is the Metalayer protocol, designed to unify rollups by facilitating shared liquidity and efficient cross-chain communication. With support for over 50 rollups, Caldera powers a growing ecosystem that manages between $400–600 million in TVL and serves 27 million wallets, making it a critical player in Ethereum’s broader scaling architecture.

Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. The exchange has established a reputation for innovative solutions that empower users to explore crypto within a secure CeDeFi ecosystem. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The addition of Caldera into Bitget’s portfolio marks a significant step toward expanding its ecosystem by embracing niche communities and fostering innovation in decentralized economies, further solidifying its role as a gateway to diverse Web3 projects and cultural movements.

For more details on Caldera, visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2ad44618-7b23-4379-b633-042ee5973b16 

SOURCE: Bitget Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

Mentor Media Accelerates Global EDI Integration by up to 60% with Boomi

Boomi’s unified, low-code platform powers automation, visibility, and agility across Mentor Media’s global supply chain operations


SINGAPORE, July 15 (Bernama-BUSINESS WIRE) -- Boomi™, the leader in AI-driven automation, today announced that Mentor Media, a leading global supply chain solutions provider headquartered in Singapore, has reduced onboarding by up to 50 percent and accelerated Electronic Data Interchange (EDI) integration by up to 60 percent using the Boomi Enterprise Platform.

Serving Fortune 500 enterprises worldwide, Mentor Media uses EDI as a core transaction mechanism for managing business-critical processes. Previously, the company’s integration processes were highly manual and fragmented. Staff had to build and maintain individual custom modules to connect disparate systems. There was no holistic visibility into these integrations, and the setup could not scale to meet market demands.

With increasing market demands to scale fast, Mentor Media needed a single, unified platform to manage end to end integrations, improve governance, and scale consistently across regions.

With the Boomi Enterprise Platform, Mentor Media reduced system integration time from 21 months to under four months, enabling the company to deliver faster outcomes for customers and partners.

“Boomi is a game-changer for our global operations, transforming how we deliver and scale across regions,” said Rueh Herng Yap, Senior Vice President at Mentor Media. “We’re faster, more efficient, and better prepared for future growth.”

Standardising, Automating, and Scaling Integration

In addition to markedly reducing EDI system integration timelines, the Boomi platform helped Mentor Media:

• Cut onboarding time by up to 50 percent for new warehouse deployments to under six months
• Increase efficiency by up to 60 percent by adopting low-code tools and reusable templates
• Save 20 percent of senior developer time by streamlining EDI integration

With the Boomi Enterprise Platform, Mentor Media gained full visibility across integration flows, enforced best practices, and proactively identified and addressed risks — delivering resilience and operational efficiency.

“Our partnership with Boomi aligns technology and business goals in a powerful way,” said Waikit Chong, System Development Manager at Mentor Media. “AI-powered documentation and intelligent change management tools have reduced the load on senior developers, giving us time back to focus on innovation and customer experience.”

Building a Scalable, Future-Ready Foundation with Boomi

As Mentor Media prepares for continued growth, Boomi’s AI features will help onboard users faster and reduce reliance on manual training.

Boomi’s intuitive platform also empowers less-technical users to contribute to integration efforts by shortening the learning curve to improve enterprise agility.

“Today’s supply chains demand more than integration — they require agility, intelligence, and resilience. With Boomi, Mentor Media has built a scalable and robust foundation that not only connects systems, but also empowers teams to scale operations, accelerate time to value, and confidently meet the demands of a dynamic global market,” said David Irecki, Chief Technology Officer for Asia Pacific and Japan at Boomi.

Additional Resources

• Hear from Boomi’s global customers
• Browse solutions on Boomi Discover
• Explore the Boomiverse Community
• Follow Boomi on X, LinkedIn, Facebook, and YouTube

About Boomi

Boomi, the leader in AI-driven automation, enables organizations worldwide to connect everything, automate processes, and accelerate outcomes. The Boomi Enterprise Platform — including Boomi Agentstudio — unifies integration and automation along with data, API, and AI agent management, in a single, comprehensive solution. Trusted by over 23,000 customers and supported by a network of 800+ partners, Boomi is driving agentic transformation — helping enterprises of all sizes achieve agility, efficiency, and innovation at scale. Discover more at boomi.com.

© 2025 Boomi, LP. Boomi, the ‘B’ logo, and Boomiverse are trademarks of Boomi, LP or its subsidiaries or affiliates. All rights reserved. Other names or marks may be the trademarks of their respective owners.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250714655514/en/


Contact

Media Contact:
Jasmine Ee
Head of Influencer Relations, APJ
pr@boomi.com


Source : Boomi

Origin Investment Corp I Announces Closing of $60,000,000 Initial Public Offering

SINGAPORE, July 4 (Bernama-GLOBE NEWSWIRE) -- Origin Investment Corp I (the “Company”), a newly organized special purpose acquisition company, today announced the closing of its initial public offering (“IPO”) of 6,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one ordinary share and one-half of one redeemable warrant. The units began trading on the Nasdaq Global Market (“Nasdaq”) on July 2, 2025 under the ticker symbol “ORIQU”. Each whole warrant entitles the holder thereof to purchase one ordinary share at a price of $11.50 per share, subject to adjustment as described in the prospectus. Only whole warrants are exercisable. The warrants will become exercisable 30 days after the completion of the Company’s initial business combination, and will expire five years after the completion of the Company’s initial business combination or earlier upon redemption or the Company’s liquidation. Once the securities comprising the units begin separate trading, the ordinary shares and the warrants are expected to be traded on Nasdaq under the symbols “ORIQ” and “ORIQW”, respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. In addition, the Company has granted the underwriters a 45-day option to purchase up to 900,000 additional units at the IPO price to cover over-allotments, if any.

The Company intends to use the net proceeds from the offering, and the simultaneous private placement of units, to pursue and consummate a business combination with one or more businesses.

ThinkEquity acted as the sole book-running manager for the offering.

A registration statement on Form S-1 (File No. 333-284189) relating to the units was filed with the Securities and Exchange Commission (“SEC”) and became effective on July 1, 2025. This offering was made only by means of a prospectus. Copies of the final prospectus may be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004. The final prospectus has been filed with the SEC and is available on the SEC’s website located at http://www.sec.gov.

This press release shall not constitute an offer to sell or a 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 Origin Investment Corp I

The Company is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. While the Company will not limit its search for a target company to any particular business segment, the Company intends to focus its search for a target business in Asia. However, the Company will not consummate its initial business combination with an entity or business in China or with China operations consolidated through a variable interest entity structure.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the IPO, the anticipated use of the net proceeds thereof and search for an initial business combination. No assurance can be given 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 prospectus for the IPO 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:

Edward Chang, CEO
+65 7825-5768
eychang@originequity.partners

SOURCE: Origin Investment Corp I

--BERNAMA

UNI-FUELS OPENS SHANGHAI OFFICE TO BOOST ASIA EXPANSION

KUALA LUMPUR, July 1 (Bernama) -- Uni-Fuels Holdings Limited, a Singapore-headquartered global provider of marine fuel solutions, announced the official opening of its new office in Shanghai, marking a strategic milestone in its international expansion and underscoring its focus on the fast-growing Asia maritime market.

The newly established subsidiary, Uni-Fuels (Shanghai) Co Ltd (Uni-Fuels Shanghai), is located in the heart of Lujiazui, Shanghai’s financial district. This expansion comes on the heels of Uni-Fuels’ April launch of its Dubai office near Fujairah, one of the world’s key marine refuelling hubs.

In a statement, Uni-Fuels said the Shanghai office will serve as a vital regional base to support shipping clients navigating Asia’s evolving marine fuel landscape.

As the world’s busiest container port, Shanghai offers critical strategic value, providing Uni-Fuels with enhanced proximity to a high-density cluster of maritime and shipping activity.

“Calibrated efforts to expand our geographical footprint reflect the company's dedication to being where our customers and suppliers operate.

“Our local team possesses a deep understanding of the Asian market, enabling us to respond nimbly to customers’ needs and the evolving dynamics in our operating landscape,” said its Senior Vice President, Commercial, Alan Tan.

Tan noted that the new office would enhance face-to-face engagement with suppliers, enabling quicker resolution of operational issues and supporting regional sourcing strategies—key factors in strengthening global supply chain resilience.

“Shanghai not only allows access to emerging demand trends and regulatory updates in real time but also provides a strategic vantage point to expand our fuel offerings and optimise procurement capabilities,” he added.

As part of its broader expansion efforts, Uni-Fuels is actively building regional partnerships and investing in next-generation bunkering solutions aimed at decarbonising maritime operations.

The company is focused on delivering diverse, sustainable, and efficient fuel options as it looks to play a pivotal role in shaping the future of marine energy supply.

-- BERNAMA