Tag: drive systems

CARROLLTON, Texas, June 29, 2026 /PRNewswire/ -- Momentum Technologies ("Momentum"), a critical minerals refining and recovery company, today announced a series of milestones. Using...

Jiangsu, China, June 18, 2026 (GLOBE NEWSWIRE) -- Mingteng International Corporation Inc. (Nasdaq: MTEN) (the “Company”) today announced the closing of its previously announced registered direct offering of 1.48 million Class A ordinary shares, par value $0.00005 per share (“Class A Ordinary Shares”), at a purchase price of $2.00 per share, and pre-funded warrants to purchase Class A Ordinary Shares at an original exercise price of $2.00, with $1.99995 of the original exercise price pre-funded at the closing, and a remaining exercise price of $0.00005 per Class A Ordinary Share.  In a concurrent private placement, the Company also issued to the same investors unregistered warrants to purchase up to 1.48 million Class A Ordinary Shares (the “Private Warrants”), at an exercise price of $2.00 per Class A Ordinary Share. The Private Warrants are exercisable from the closing and will expire 18 months from the date of issuance.

Jiangsu, China, June 17, 2026 (GLOBE NEWSWIRE) -- Mingteng International Corporation Inc. (Nasdaq: MTEN) (the “Company”) today announced the pricing of its registered direct offering of 1.48 million Class A ordinary shares, par value $0.00005 per share (“Class A Ordinary Shares”), at a purchase price of $2.00 per share, and pre-funded warrants to purchase Class A Ordinary Shares at an original exercise price of $2.00, with $1.99995 of the original exercise price pre-funded at the closing, and a remaining exercise price of $0.00005 per Class A Ordinary Share.  In a concurrent private placement, the Company also issued to the same investors unregistered warrants to purchase up to 1.48 million Class A Ordinary Shares (the “Private Warrants”), at an exercise price of $2.00 per Class A Ordinary Share. The Private Warrants are exercisable from the closing and will expire 18 months from the date of issuance.

Creates a premier, global powertrain leader focused on commercial and light vehicles with approximately $11 billion in sales and approximately $1.7 billion adjusted EBITDA...

Jiangsu, China, June 10, 2026 (GLOBE NEWSWIRE) -- Mingteng International Corporation Inc. (Nasdaq: MTEN) (the “Company”) today announced the closing of its previously announced registered direct offering of 1,131,004 Class A ordinary shares, par value $0.00005 per share (“Class A Ordinary Shares”), at a purchase price of $2.00 per share, and pre-funded warrants to purchase Class A Ordinary Shares at an original exercise price of $2.00, with $1.99995 of the original exercise price pre-funded at the closing, and a remaining exercise price of $0.00005 per Class A Ordinary Share.

HOUSTON, July 23, 2025 /PRNewswire/ -- TMEIC Corporation Americas, a group company of TMEIC Corporation (Japan), officially opened its new North American headquarters in the...

Former Sachs Scholars Become Decision-Makers in Community-Focused Grantmaking and Foundation Strategy DENVER, July 16, 2025 /PRNewswire/ -- The Sachs Foundation has launched its inaugural Alumni...

HICKSVILLE, N.Y., July 8, 2025 /PRNewswire/ -- Stock Drive Products/Sterling Instrument (SDP/SI), a Designatronics brand and leading U.S. manufacturer of high-quality mechanical components, offers...

Novo Holdings led Kate Farms' Series C financing in 2022 and supported its continued growth as the company's largest institutional investor Transaction highlights the Planetary...

Sixteen partners secured since the introduction of the Avinox Drive System at Eurobike 2024 FRANKFURT, Germany, June 25, 2025 /PRNewswire/ -- Avinox, the e-bike drive...

Sixteen partners secured since the introduction of the Avinox Drive System at Eurobike 2024 FRANKFURT, Germany, June 25, 2025 /PRNewswire/ -- Avinox, the e-bike drive system...

Sixteen partners secured since the introduction of the Avinox Drive System at Eurobike 2024 FRANKFURT, Germany, June 25, 2025 /PRNewswire/ -- Avinox, the e-bike drive...

ALTOONA, Pa., June 17, 2025 /PRNewswire/ -- BAE Systems' (LON: BA) innovative Gen3 electric drive system has successfully completed testing at the Federal Transit...