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Curium Completes the Acquisition of Monrol as Part of its Plan to Significantly Expand Lutetium-177 Capacity and PET Footprint

  • Positions Curium as leading manufacturer of Lu–177 isotope
  • Brings innovative R&D expertise and pipeline to Curium
  • Enhances Curium’s SPECT & PET geographical coverage and supply chain

PARIS, March 28, 2025 (GLOBE NEWSWIRE) — Curium Pharma (“Curium”), a world leader in nuclear medicine, is pleased to announce the completion of its acquisition of Eczacıbaşı–Monrol Nuclear Products Co. (Monrol), a leading nuclear medicine player, which is headquartered in Istanbul, Turkey.

The acquisition enhances Curium’s manufacturing capacity of Lutetium–177 (Lu–177) to meet the growing demand for isotope around the world and secure the supply for the future launch of Curium’s Lu–177 drug candidates, for Prostate Cancer (currently in development) and Neuroendocrine Tumours (pending approval).

Monrol complements and adds to Curium’s extensive research & development (R&D) capabilities as it continues to expand its portfolio and pipeline of innovative theranostic products. Curium intends to deploy Monrol’s Ga–68 generator globally in the future, pending regulatory approvals.

In addition, Monrol’s PET & SPECT complementary geographic footprint further expands Curium’s offering. The completion of the deal expands Curium’s PET footprint of 34 sites in Western Europe and Asia to 46 with the addition of 12 Monrol owned and partnered sites in Eastern Europe and MENA regions. Furthermore, Monrol’s manufacturing and logistics infrastructure in Istanbul, Turkey, immediately adds scale to Curium’s vertically integrated production and distribution capabilities.

Mr. Chaitanya Tatineni, Curium’s CEO International Markets commented: “We are delighted to welcome close to 400 highly–skilled and dedicated new colleagues to Curium Group. The coming together of Curium and Monrol will transform our scale, capabilities and reach across several critical areas, in particular Lu–177, and create multiple new opportunities to enhance our offering of life–changing diagnostic and therapeutic solutions to patients around the world.”

Mr. Aydin Kucuk General Manager at Monrol added: “We are excited to be joining Curium and have long admired the company’s capabilities, leadership and commitment to developing and supplying world–class nuclear diagnostics solutions and therapies. We look forward to working with our new Curium colleagues to build on our joint successes to date by integrating our expertise, knowledge and experience with Curium’s global footprint, product portfolio, and track record of innovation.”

Mr. Emin Fadıllıoğlu, CEO, Eczacıbaşı Pharmaceutical and Industrial Investment, said: “We are very proud of our association with Monrol and its transformation in recent years, which today sees them become part of Curium, a world–leader in nuclear medicine. This is a great reflection of the quality of the business, and we believe they will continue to thrive under the ownership of Curium, benefiting from greater access to advanced technology and an extensive global network.”

For more information:

[email protected]

or

Ben Valdimarsson
Reputation Inc
Mob: +44 (0)788 9805930
Email: bvaldimarsson@reputation–inc.com

About Curium
Curium is a world leader in nuclear medicine. We develop, manufacture, and distribute world–class radiopharmaceutical products to help patients around the globe. Our proven heritage combined with a pioneering approach are the hallmarks to deliver innovation, excellence, and unparalleled service.

With manufacturing facilities across Europe and the United States, Curium delivers SPECT, PET and therapeutic radiopharmaceutical solutions for life–threatening diseases to over 14 million patients annually. The name ‘Curium’ honors the legacy of pioneering radioactive materials researchers Marie and Pierre Curie, after whom the radioactive element curium was named and emphasizes our focus on nuclear medicine. To learn more, visit www.curiumpharma.com

About Monrol
Headquartered in Istanbul, Monrol is a nuclear medicine company leading innovation for the development and manufacturing of GMP grade radioisotopes and radiopharmaceuticals, Monrol distributes its world–class radiopharmaceutical products portfolio in global markets. As both a CMO and CDMO, Monrol provides early development support to customers and offers fully integrated services for nimble, lean, virtual companies taking new product concepts into clinical trials, demonstrating proof of concept, and going into first–in–human studies. Monrol is committed to transform and improve patient journey in cancer treatment through a portfolio of radiopharmaceutical products that it distributes to more than 60 countries around the globe. To learn more, visit www.monrol.com.


GLOBENEWSWIRE (Distribution ID 9412464)

Nordic Capital Finaliza Aquisição da Anaqua

BOSTON, Feb. 26, 2025 (GLOBE NEWSWIRE) — A Anaqua, fornecedora líder de soluções e serviços de tecnologia de gerenciamento de inovação e propriedade intelectual (IP), anunciou hoje que a Nordic Capital, uma experiente investidora de capital privado em Tecnologia e Pagamentos em todo o mundo, adquiriu uma participação majoritária na Anaqua da Astorg.

A aquisição representa um investimento estratégico fundamental da Nordic Capital, focado em impulsionar o crescimento contínuo da Anaqua através do desenvolvimento de soluções de gestão de IP cada vez mais inovadoras. A Nordic Capital apoiará a expansão global da Anaqua e as melhorias contínuas nos seus melhores recursos operacionais e de software para fortalecer ainda mais a posição da empresa no mercado. As plataformas diferenciadas da Anaqua, AQX® e PATTSY WAVE®, integram fluxos de trabalho de melhores práticas, análise de dados, registros estrangeiros e pagamentos de renovação de patentes e marcas registradas em plataformas de software únicas e de missão crítica para profissionais de IP. As plataformas oferecem propostas completas de valor exclusivas para agilizar as operações, informar a estratégia e capacitar a tomada de decisões em torno dos valiosos portfólios de IP dos clientes.

A Nordic Capital tem mais de 20 anos de experiência em acelerar o crescimento de empresas de tecnologia inovadoras e fez 33 investimentos em tecnologia em empresas com um valor agregado de cerca de 26 mil milhões de euros.

“A Nordic Capital será um grande parceiro no futuro – tanto para a Anaqua quanto para nossos clientes – com nossa visão compartilhada de plataformas de gerenciamento de IP lideradas por software que podem impulsionar a transformação do setor”, comentou o CEO da Anaqua, Bob Romeo. Justin Crotty, COO da Anaqua, acrescentou: “A Nordic Capital será fundamental para a Anaqua concretizar a nossa estratégia de crescimento e fornecer soluções orientadas para a tecnologia para os nossos clientes e para o mercado de IP.”

Fredrik Näslund, Sócio e Chefe de Tecnologia e Pagamentos da Nordic Capital Advisors, comentou: “Estamos prontos para apoiar a Anaqua na sua próxima fase de crescimento, ajudando ainda mais na expansão da sua presença global e estabelecendo a plataforma líder de gestão de IP para indústrias orientadas para a inovação.”

Sobre a Anaqua

A Anaqua, Inc. é fornecedora premium de soluções e serviços de tecnologia integrada para o gerenciamento de propriedade intelectual (IP). As plataformas de gerenciamento de IP AQX® e PATTSY WAVE® da Anaqua combinam fluxos de trabalho de melhores práticas com análise de big data e serviços habilitados para tecnologia, para a criação de um ambiente inteligente que informa as estratégias de IP, permite decisões de IP e simplifica os processos de IP. Atualmente quase metade dos 100 principais candidatos a patentes e marcas globais dos EUA, bem como um número crescente de escritórios de advocacia em todo o mundo, usam as soluções da Anaqua. Mais de dois milhões de executivos, advogados, assistentes jurídicos, administradores e inovadores de IP usam a plataforma para gerenciamento de IP. A sede da empresa está localizada em Boston, com escritórios adicionais nos Estados Unidos, Europa, Ásia e Austrália. Para mais informações, visite anaqua.com ou LinkedIn.

Sobre a Nordic Capital

A Nordic Capital é uma investidora de patrimônio privado líder especializada no setor, com um compromisso firme com a criação de negócios mais fortes e sustentáveis por meio da melhoria operacional e do crescimento transformador. A Nordic Capital concentra–se em regiões e setores selecionados onde tem uma experiência profunda e uma longa história. Os setores de foco são Saúde, Tecnologia e Pagamentos, Serviços Financeiros, e Serviços e Tecnologia Industrial. As principais regiões são a Europa e o mundo para investimentos em Saúde, e Tecnologia e Pagamentos. Desde o início em 1989, a Nordic Capital já investiu aproximadamente 26 mil milhões de euros em cerca de 150 investimentos. As entidades mais recentes são a Nordic Capital XI com 9,0 mil milhões de euros em capital comprometido e a Nordic Capital Evolution II com 2 mil milhões de euros em capital comprometido, principalmente de investidores institucionais internacionais, como fundos de pensões. A Nordic Capital Advisors tem escritórios locais na Suécia, Reino Unido, EUA, Alemanha, Dinamarca, Finlândia, Noruega e Coreia do Sul. www.nordiccapital.com.

“Nordic Capital” refere–se, dependendo do contexto, a qualquer uma ou todas as entidades, veículos, estruturas e entidades associadas à marca Nordic Capital. Os sócios gerais e/ou gestores de carteiras representantes das entidades e veículos da Nordic Capital são aconselhados por várias entidades sub–consultoras não discricionárias, algumas ou todas referidas como “Nordic Capital Advisors”.

Contato com a Empresa:
Nancy Hegarty
VP, Marketing
Anaqua
617–375–2655
[email protected]


GLOBENEWSWIRE (Distribution ID 9385213)

Nordic Capital achève l'acquisition d'Anaqua

BOSTON, 25 févr. 2025 (GLOBE NEWSWIRE) — Anaqua, un fournisseur de premier plan de services et de technologies de gestion de l'innovation et de la propriété intellectuelle, a annoncé aujourd'hui que Nordic Capital, un investisseur privé expérimenté dans les technologies et les paiements à l’échelle mondiale, a acquis une participation majoritaire dans Anaqua auprès d'Astorg.

Cette acquisition représente un investissement stratégique clé pour Nordic Capital, qui entend poursuivre la croissance d'Anaqua en développant des solutions de gestion de la propriété intellectuelle de plus en plus innovantes. Nordic Capital soutiendra l'expansion mondiale d'Anaqua et l'amélioration continue de ses logiciels ainsi que de ses capacités opérationnelles afin de renforcer la position de l'entreprise sur le marché. Les plateformes AQX® et PATTSY WAVE® d'Anaqua sont des solutions logicielles tout–en–un et essentielles pour les professionnels de la propriété intellectuelle. Elles se distinguent par le recours aux meilleures pratiques pour optimiser les flux de travail, par leur capacité d'analyse des données, et par l’intégration de services d’extension de brevets à l’international et de paiements de renouvellement des brevets et des marques. Ces plateformes proposent des solutions uniques et complètes pour aider les clients à optimiser les opérations, à élaborer une stratégie et à améliorer la prise de décision concernant leurs portefeuilles de propriété intellectuelle.

Nordic Capital a plus de 20 ans d'expérience dans l'accélération de la croissance des entreprises technologiques innovantes et a réalisé 33 investissements technologiques dans des entreprises, pour un montant total d'environ 26 milliards d'euros.

« Nordic Capital sera un excellent partenaire pour Anaqua et nos clients. Nous partageons la même vision : développer des plateformes logicielles de gestion de la propriété intellectuelle qui permettront de transformer l'industrie », a commenté Bob Romeo, PDG d'Anaqua. Justin Crotty, COO d'Anaqua, a ajouté : « Nordic Capital jouera un rôle déterminant dans la mise en œuvre de la stratégie de croissance d'Anaqua et l’offre de solutions technologiques pour nos clients et le marché de la propriété intellectuelle ».

Fredrik Näslund, associé et responsable de la technologie et des paiements chez Nordic Capital Advisors, a commenté : « Nous sommes impatients de soutenir Anaqua dans sa prochaine phase de croissance, en l'aidant à étendre son implantation mondiale et à devenir la principale plateforme de gestion de la propriété intellectuelle pour les entreprises innovantes. »

À propos d'Anaqua
Anaqua, Inc. est un fournisseur de premier plan de solutions et services technologiques intégrés de gestion de la propriété intellectuelle (PI). Ses logiciels, AQX® et PATTSY WAVE®, combinent les meilleurs outils pour définir une stratégie de propriété intellectuelle avisée. Ses technologies, qui reposent notamment sur des workflows et des capacités d’analyses avancées, offre un environnement de travail intelligent conçu pour prendre de meilleures décisions et optimiser les opérations de PI. Aujourd'hui, près de la moitié des 100 premiers déposants de brevets américains et des marques mondiales, ainsi qu'un nombre croissant de cabinets de conseils dans le monde utilisent les solutions Anaqua. Plus d'un million de décideurs, avocats, parajuristes, gestionnaires et innovateurs utilisent la plateforme pour leurs besoins de gestion de la PI. Le siège de la société est situé à Boston, avec des bureaux aux Etats–Unis, en Europe, en Asie et en Australie. Pour plus d’informations, veuillez consulter le site anaqua.com ou LinkedIn.

À propos de Nordic Capital
Nordic Capital est un investisseur en capitaux privés qui s'engage à créer des entreprises durables plus fortes grâce à l'amélioration opérationnelle et à la croissance transformatrice. Nordic Capital se concentre sur certains secteurs et régions où la société possède une expérience approfondie et une longue histoire. Les secteurs sur lesquels elle se concentre sont la santé, les technologies et les paiements, les services financiers, les services et les technologies industrielles. Ses régions clés sont l'Europe et le monde pour les investissements dans les secteurs de la santé et des technologies et des paiements. Depuis sa création en 1989, Nordic Capital a investi environ 26 milliards d'euros dans près de 150 placements. Les fonds les plus récents sont Nordic Capital XI, avec 9 milliards d'euros de capital engagé, et Nordic Capital Evolution II, avec 2 milliards d'euros de capital investi, apporté principalement par des investisseurs institutionnels internationaux, tels que des fonds de pension. Nordic Capital Advisors dispose de bureaux locaux en Suède, au Royaume–Uni, aux États–Unis, en Allemagne, au Danemark, en Finlande, en Norvège et en Corée du Sud. www.nordiccapital.com.

“Nordic Capital” désigne, selon le contexte, tout ou partie des entités, véhicules, structures et entités associées de la marque Nordic Capital. Les commandités et/ou les gestionnaires de portefeuille délégués des entités et des véhicules de Nordic Capital sont conseillés par plusieurs entités de sous–conseils non discrétionnaires, dont certaines ou toutes sont désignées sous le nom de ” Nordic Capital Advisors “.

Contact presse :
Nancy Hegarty
Vice–président, Marketing
+1–617–375–2655
[email protected]


GLOBENEWSWIRE (Distribution ID 9384267)

Nordic Capital completes acquisition of Anaqua

BOSTON, Feb. 25, 2025 (GLOBE NEWSWIRE) — Anaqua, a leading provider of innovation and intellectual property (IP) management technology solutions and services, today announced that Nordic Capital, an experienced private equity investor in Technology & Payments globally, has acquired a controlling interest in Anaqua from Astorg.

The acquisition represents a key strategic investment by Nordic Capital, focused on driving continued growth for Anaqua through the development of increasingly innovative IP management solutions. Nordic Capital will support Anaqua’s global expansion and ongoing enhancements to its best–in–class software and operational capabilities to further strengthen the company’s market position. Anaqua’s differentiated platforms, AQX® and PATTSY WAVE®, integrate best–practice workflows, data analytics, foreign filings, and patent and trademark renewal payments into single, mission–critical software platforms for IP professionals. The platforms offer unique end–to–end value propositions to streamline operations, inform strategy, and empower decision–making around customers’ valuable IP portfolios.

Nordic Capital has over 20 years of experience accelerating the growth of innovative technology companies and has made 33 technology investments in companies with an aggregate enterprise value of circa EUR 26 billion.

“Nordic Capital will be a great partner going forward – both for Anaqua and our customers –with our shared vision of software–led IP management platforms that can drive industry transformation,” commented Anaqua CEO Bob Romeo. Justin Crotty, Anaqua COO, added: “Nordic Capital will be instrumental in Anaqua realizing our growth strategy and delivering technology driven solutions for our customers and the IP market.”

Fredrik Näslund, Partner and Head of Technology & Payments, at Nordic Capital Advisors, commented: “We look forward to supporting Anaqua in its next phase of growth, helping them to expand their global footprint further and establishing the leading IP management platform for innovation–driven industries.”

About Anaqua
Anaqua, Inc. is a premium provider of integrated technology solutions and services for the management of intellectual property (IP). Anaqua's AQX® and PATTSY WAVE® IP management platforms combine best practice workflows with big data analytics and technology–enabled services to create an intelligent environment that informs IP strategies, enables IP decisions and streamlines IP processes. Today, nearly half of the 100 largest U.S. patent applicants and global brands, as well as a growing number of law firms worldwide, use Anaqua's solutions. Over two million IP executives, lawyers, paralegals, administrators and innovators use the platform for their IP management. The company is headquartered in Boston, with additional offices in the United States, Europe, Asia, and Australia. For more information, please visit anaqua.com or LinkedIn.

About Nordic Capital
Nordic Capital is a leading sector–specialist private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are Healthcare, Technology & Payments, Financial Services, and Services & Industrial Tech. Key regions are Europe and globally for Healthcare and Technology & Payments investments. Since inception in 1989, Nordic Capital has invested c. EUR 26 billion in close to 150 investments. The most recent entities are Nordic Capital XI with EUR 9.0 billion in committed capital and Nordic Capital Evolution II with EUR 2 billion in committed capital, principally provided by international institutional investors such as pension funds. Nordic Capital Advisors have local offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway, and South Korea. www.nordiccapital.com.

“Nordic Capital” refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures, and associated entities. The general partners and/or delegated portfolio managers of Nordic Capital’s entities and vehicles are advised by several non–discretionary sub–advisory entities, any or all of which are referred to as “Nordic Capital Advisors”.

Company Contact:
Nancy Hegarty
VP, Marketing
Anaqua
617–375–2655
[email protected]


GLOBENEWSWIRE (Distribution ID 9384267)

Lumi Global adquire a Assembly Voting para fortalecer a liderança de produtos e acelerar a expansão internacional

LIPHOOK, Reino Unido, Dec. 22, 2024 (GLOBE NEWSWIRE) — A Lumi Global, líder global em soluções de reuniões orientadas para a tecnologia em Assembleias Gerais Anuais, Relações com Investidores e Reuniões de Membros, orgulhosamente anuncia a aquisição da Assembly Voting, uma empresa de tecnologia especializada em eleições e soluções de votação baseadas em nuvem verificáveis de ponta a ponta por meio de sua plataforma proprietária, Electa. Essa aquisição estratégica reforça o compromisso da Lumi Global com a inovação, ao mesmo tempo em que expande suas capacidades além do ambiente de reuniões ao vivo, para novas oportunidades de mercado.

Principais destaques da aquisição

  1. Aprimorando a liderança do produto
    • A Assembly Voting adiciona verificabilidade avançada de ponta a ponta ao portfólio da Lumi, garantindo processos de eleição e votação seguros, transparentes e verificáveis para clientes em todo o mundo.
    • Embora a Lumi Global já ofereça soluções de votação anônima há bastante tempo, a Assembly Voting eleva essa capacidade a um novo patamar com seus recursos avançados, consolidando a posição da Lumi Global como líder em tecnologia de reuniões e soluções para eleições.
  2. Ampliação do portfólio de produtos
    • A plataforma Electa foi projetada especificamente para eleições agendadas e votações assíncronas, complementando as soluções existentes da Lumi Global voltadas para reuniões ao vivo e votações síncronas.
    • Com foco em verificabilidade, segurança e escalabilidade, a plataforma Electa amplia a capacidade da Lumi de apoiar organizações em todas as etapas de seus processos de tomada de decisão, tanto antes quanto durante reuniões importantes.
  3. Impulsionando a expansão internacional
    • Essa aquisição estabelece a presença da Lumi Global na Dinamarca e na Espanha, abrindo novas oportunidades nesses mercados estrategicamente significativos.
    • A Lumi Global está estrategicamente posicionada para implementar a plataforma Electa em seus principais mercados da América do Norte, EMEA e APAC.
  4. Impulsionando a inovação com expertise
    • A inclusão da experiente equipe de desenvolvimento da Assembly Voting enriquece o pipeline de inovação da Lumi Global, trazendo novas oportunidades de colaboração e crescimento.
    • A excelência da plataforma Electa é ainda validada por um estudo independente conduzido pelo Karlsruhe Institute of Technology (KIT), que a classificou entre as melhores soluções de votação eletrônica do mundo em uma análise de 82 ferramentas. O grupo de pesquisa SECUSO (Segurança, Usabilidade, Sociedade) do KIT, renomado por seu trabalho em cibersegurança e usabilidade, destacou o forte foco da Electa nessas áreas, reforçando sua credibilidade e liderança no setor. O estudo completo está disponível aqui.

Perspectivas de liderança

“Essa aquisição marca um avanço significativo para a Lumi Global, ao expandirmos nossas capacidades de produto além do dia da reunião e para o mercado mais amplo de eleições”, afirmou Richard Taylor, CEO da Lumi Global. “A integração das tecnologias inovadoras da Assembly Voting à plataforma global da Lumi desbloqueará novas oportunidades, garantindo que permaneçamos na vanguarda das soluções tecnológicas para reuniões, eleições e votações em Assembleias Gerais Anuais, Relações com Investidores e Organizações de Membros em todo o mundo.”

“Estamos entusiasmados por nos juntar à Lumi Global, uma empresa cuja visão e abordagem inovadora estão perfeitamente alinhadas com as nossas”, disse Jacob Gyldenkaerne, CEO da Assembly Voting. “Essa parceria não apenas amplia o alcance da nossa tecnologia, mas também fortalece nossa capacidade de atender uma base de clientes ainda mais diversificada e global com soluções de eleições verificáveis de ponta a ponta.”

Apoiando os objetivos estratégicos da Lumi Global

A aquisição da Assembly Voting pela Lumi Global ressalta sua dedicação em viabilizar reuniões e eleições essenciais para decisões confiáveis em todo o mundo. À medida que reuniões presenciais e assembleias gerais se adaptam a formatos cada vez mais digitais, as eleições também evoluíram, passando das cédulas de papel tradicionais para plataformas digitais mais seguras e confiáveis. Essa transformação digital cria a oportunidade para uma plataforma unificada que atenda perfeitamente a ambas as necessidades. Os clientes da Lumi Global buscam, cada vez mais, uma solução abrangente que ofereça essa integração.

Sobre a Lumi Global

A Lumi Global viabiliza reuniões e eleições essenciais para decisões confiáveis em todo o mundo, proporcionando experiências integradas e envolventes para participantes presenciais e online. Com tecnologia de ponta e presença global única, a Lumi Global capacita a tomada de decisões informadas em assembleias anuais, eleições, reuniões de membros, reuniões legislativas, reuniões de relações com investidores e teleconferências de resultados financeiros. Há mais de 30 anos, a Lumi lidera a inovação do setor, cocriando soluções com seus clientes para simplificar o complexo e oferecer reuniões impecáveis, sem estresse, que promovem responsabilidade e engajamento significativo.

Para mais informações, entre em contato:

Sylvie Harton
Chief Business Strategy Officer

[email protected]

Um vídeo que acompanha este anúncio está disponível em https://www.globenewswire.com/NewsRoom/AttachmentNg/8b52aaa2–db1a–4f84–b5a9–de6d0e1e94b3


GLOBENEWSWIRE (Distribution ID 1001040200)

Lumi Global erwirbt Assembly Voting, um seine Führungsposition im Produktbereich zu stärken und die internationale Expansion zu beschleunigen

LIPHOOK, Vereinigtes Königreich, Dec. 22, 2024 (GLOBE NEWSWIRE) — Lumi Global, ein weltweit führender Anbieter technologiebasierter Lösungen für Hauptversammlungen, Investor Relations und Mitgliederversammlungen, gibt stolz die Übernahme von Assembly Voting bekannt, einem Technologieunternehmen, das sich auf umfassende, überprüfbare, cloudbasierte Wahl– und Abstimmungslösungen über seine proprietäre Plattform Electa spezialisiert hat. Diese strategische Übernahme stärkt das Engagement von Lumi Global für Innovation und erweitert gleichzeitig seine Fähigkeiten über die Live–Meeting–Umgebung hinaus auf neue Marktchancen.

Die wichtigsten Highlights der Übernahme

  1. Ausbau des Produkt–Leaderships
    • Assembly Voting führt eine fortschrittliche End–to–End–Verifizierbarkeit in das Portfolio von Lumi ein und gewährleistet sichere, transparente und verifizierbare Wahl– und Abstimmungsprozesse für Kunden weltweit.
    • Lumi Global bietet schon seit Langem Lösungen für anonyme Abstimmungen an. Assembly Voting erweitert diese Möglichkeiten durch seine fortschrittlichen Funktionen und festigt die Position von Lumi Global als führender Anbieter von Konferenztechnologie und Wahlsystemen.
  2. Stärkung des Produktportfolios
    • Die Electa–Plattform wurde speziell für geplante Wahlen und asynchrone Abstimmungen entwickelt und ergänzt die bestehenden Lösungen von Lumi Global für Live–Meetings und synchrone Abstimmungen.
    • Mit dem Fokus auf Überprüfbarkeit, Sicherheit und Skalierbarkeit erweitert die Electa–Plattform die Fähigkeit von Lumi, Organisationen in jeder Phase ihrer Entscheidungsprozesse zu unterstützen, sowohl vor als auch während wichtiger Besprechungen.
  3. Förderung der internationalen Expansion
    • Diese Übernahme etabliert die Präsenz von Lumi Global in Dänemark und Spanien und eröffnet neue Möglichkeiten in diesen strategisch wichtigen Märkten.
    • Lumi Global ist strategisch positioniert, um die Electa–Plattform in seinen Schlüsselmärkten in Nordamerika, EMEA und APAC einzusetzen.
  4. Innovation durch Expertise
    • Die Einbindung des erfahrenen Entwicklungsteams von Assembly Voting bereichert die Innovationspipeline von Lumi Global und eröffnet neue Möglichkeiten für Zusammenarbeit und Wachstum.
    • Die Exzellenz der Electa–Plattform wird durch eine unabhängige Studie des Karlsruhe Institute of Technology (KIT) bestätigt, in der sie unter 82 analysierten Tools zu den weltweit besten elektronischen Wahlsystemen zählt. Die Forschungsgruppe SECUSO (Security, Usability, Society) von KIT, die für ihre Arbeit im Bereich Cybersicherheit und Benutzerfreundlichkeit bekannt ist, hat Electas starken Fokus auf diesen Gebieten hervorgehoben und damit die Glaubwürdigkeit und Führungsrolle des Unternehmens in diesem Bereich gestärkt. Die vollständige Studie finden Sie hier.

Leadership–Perspektiven

„Diese Übernahme ist ein mutiger Schritt nach vorne für Lumi Global, da wir unsere Produktkapazitäten über den Tag des Meetings hinaus auf den breiteren Markt für Wahlen ausdehnen“, so Richard Taylor, CEO von Lumi Global. „Die Integration der innovativen Technologien von Assembly Voting in die globale Plattform von Lumi wird neue Möglichkeiten eröffnen und sicherstellen, dass wir bei technologiebasierten Lösungen für Versammlungen, Wahlen und Abstimmungen bei Jahreshauptversammlungen, Investor Relations und Mitgliederorganisationen weltweit weiterhin an vorderster Front stehen.“

„Wir freuen uns sehr, Lumi Global beizutreten, einem Unternehmen, dessen Vision und innovativer Ansatz perfekt mit unseren übereinstimmen“, so Jacob Gyldenkaerne dazu, CEO von Assembly Voting. „Diese Partnerschaft erweitert nicht nur die Reichweite unserer Technologie, sondern verbessert auch unsere Fähigkeit, einer noch vielfältigeren, globalen Kundenbasis mit durchgängigen, überprüfbaren Wahllösungen zu dienen.“

Unterstützung der strategischen Ziele von Lumi Global

Die Übernahme von Assembly Voting durch Lumi Global unterstreicht das Engagement des Unternehmens, die Sitzungen und Wahlen zu unterstützen, die für fundierte Entscheidungen weltweit von Bedeutung sind. Da Live–Treffen und Hauptversammlungen zunehmend in digitale Formate übergehen, haben sich auch Wahlen von traditionellen Papierwahlzetteln zu sichereren und zuverlässigeren digitalen Plattformen weiterentwickelt. Diese digitale Transformation schafft die Möglichkeit einer einheitlichen Plattform, die beide Bedürfnisse nahtlos bedient. Die Kunden von Lumi Global suchen zunehmend nach einer umfassenden Lösung, die diese Integration bietet.

Über Lumi Global

Lumi Global unterstützt die Sitzungen und Wahlen, die für die wichtigsten Entscheidungen der Welt von Bedeutung sind, und sorgt für ein nahtloses, ansprechendes Erlebnis für Teilnehmer vor Ort und online. Die innovative Technologie und die einzigartige globale Präsenz von Lumi Global ermöglichen fundierte Entscheidungen bei Jahresversammlungen, Wahlen, Mitgliederversammlungen, Legislativsitzungen, IR–Sitzungen und Gewinnaufrufen. Seit über 30 Jahren treibt Lumi Innovationen in der Branche voran und entwickelt gemeinsam mit Kunden Lösungen, um Komplexes zu vereinfachen und stressfreie, reibungslose Meetings zu ermöglichen, die Verantwortlichkeit und sinnvolles Engagement fördern.

Für weitere Informationen kontaktieren Sie bitte:

Sylvie Harton
Chief Business Strategy Officer

[email protected]

Ein Video zu dieser Ankündigung finden Sie unter https://www.globenewswire.com/NewsRoom/AttachmentNg/8b52aaa2–db1a–4f84–b5a9–de6d0e1e94b3


GLOBENEWSWIRE (Distribution ID 1001040200)

Lumi Global fait l’acquisition de la société Assembly Voting afin de renforcer son leadership en matière de produits et d’accélérer son expansion internationale

LIPHOOK, Royaume–Uni, 22 déc. 2024 (GLOBE NEWSWIRE) — Lumi Global, leader mondial des solutions technologiques de réunion pour les assemblées générales annuelles, les relations avec les investisseurs et les réunions des membres, est fier d’annoncer l’acquisition d’Assembly Voting, une société technologique spécialisée dans les solutions de vote et d’élection vérifiables de bout en bout basées sur le cloud via sa plateforme propriétaire, Electa. Cette acquisition stratégique vient renforcer l’engagement de Lumi Global en faveur de l’innovation tout en étendant ses capacités au–delà de l’environnement des réunions en direct pour s’orienter vers de nouvelles opportunités de marché.

Principaux points forts de l’acquisition

  1. Renforcement du leadership de l’entreprise en matière de produits
    • Par son acquisition, Assembly Voting introduit dans le portefeuille de Lumi une vérifiabilité avancée de bout en bout, ce qui permet de garantir des processus d’élection et de vote sécurisés, transparents et vérifiables pour les clients du monde entier.
    • Alors que Lumi Global propose depuis longtemps des solutions de vote anonyme, Assembly Voting vient renforcer cette capacité grâce à ses fonctionnalités avancées, consolidant ainsi la position de Lumi Global en tant que leader dans le domaine des technologies de réunion et des solutions d’élection.
  2. Renforcement du portefeuille de produits
    • Spécialement conçue pour les élections programmées et le vote asynchrone, la plateforme Electa vient compléter les solutions de Lumi Global conçues jusqu’à présent pour les réunions en direct et le vote synchrone.
    • Parce qu’elle met l’accent sur la vérifiabilité, la sécurité et l’évolutivité, la plateforme Electa accroît la capacité de Lumi à soutenir les organisations à chaque étape de leurs processus décisionnels, avant et pendant leurs réunions clés.
  3. Accélération de l’expansion internationale
    • Grâce à cette acquisition, Lumi Global renforce sa présence au Danemark et en Espagne et ouvre de nouvelles opportunités sur ces marchés d’importance stratégique.
    • Lumi Global bénéficie d’un positionnement stratégique idéal pour assurer le déploiement de la plateforme Electa sur ses marchés clés d’Amérique du Nord, de la région EMEA et de la région APAC.
  4. L’expertise au service de l’innovation
    • En venant enrichir le processus d’innovation de Lumi Global, l’intégration de l’équipe de développement expérimentée d’Assembly Voting permettra également à Lumi Global de bénéficier de nouvelles opportunités en matière de collaboration et de croissance.
    • L’excellence de la plateforme Electa est également validée par une étude indépendante du Karlsruhe Institute of Technology (KIT) qui l’a classée parmi les meilleures solutions de vote électronique au monde sur un total de 82 outils analysés. Réputé pour ses travaux sur la cybersécurité et l’utilisabilité, le groupe de recherche SECUSO (Security, Usability, Society) du KIT a souligné l’importance particulière accordée à ces aspects par Electa, ce qui renforce sa crédibilité et son leadership dans le domaine. Vous pouvez accéder à l’étude complète ici.

Le point de vue des dirigeants

« Cette acquisition marque une avancée audacieuse pour Lumi Global, car elle nous permet d’étendre nos capacités produits au–delà des seules réunions ponctuelles pour atteindre le marché plus large des élections », a déclaré Richard Taylor, PDG de Lumi Global. « En ouvrant de nouvelles opportunités, l’intégration des technologies innovantes d’Assembly Voting avec la plateforme mondiale de Lumi nous permettra de rester à l’avant–garde des solutions technologiques de réunion, d’élection et de vote dans les assemblées générales annuelles, les événements de relations avec les investisseurs et les réunions d’organisations membres dans le monde entier. »

« Nous sommes ravis de rejoindre Lumi Global, car la vision et l’approche innovante de cette entreprise sont en parfaite adéquation avec les nôtres », a déclaré Jacob Gyldenkaerne, PDG d’Assembly Voting. « Non seulement ce partenariat vient élargir la portée de notre technologie, mais il améliore également notre capacité à servir une clientèle mondiale encore plus diversifiée avec des solutions vérifiables de bout en bout en matière d’élection. »

Un soutien aux objectifs stratégiques de Lumi Global

L’acquisition d’Assembly Voting par Lumi Global témoigne de son engagement dans la gestion des réunions et des élections importantes en vue d’obtenir des décisions fiables dans le monde entier. Si les réunions en direct et les assemblées générales adoptent des formats de plus en plus numériques, les élections ont également évolué pour passer des bulletins de vote papier traditionnels à des plateformes numériques plus sûres et plus fiables. Cette transformation numérique est pour nous l’occasion de créer une plateforme unifiée répondant parfaitement à ces deux besoins. Les clients de Lumi Global sont de plus en plus à la recherche d’une solution complète qui offre une telle intégration.

À propos de Lumi Global

En gérant les réunions et les élections importantes en vue d’obtenir les décisions les plus fiables au monde, Lumi Global garantit des expériences fluides et engageantes pour les participants en présentiel et en ligne. Grâce à la technologie de pointe de Lumi Global et à sa présence mondiale unique, il est désormais possible d’obtenir une prise de décision éclairée lors des réunions annuelles, des élections, des réunions des membres, des réunions législatives, des événements de relations avec les investisseurs et des conférences téléphoniques sur les résultats des entreprises. Depuis plus de 30 ans, Lumi est au cœur de l’innovation industrielle en co–créant avec ses clients des solutions visant à simplifier les réunions complexes pour en faire des événements fluides et sereins qui favorisent la responsabilisation et l’engagement de manière significative.

Pour plus d’informations, veuillez contacter :

Sylvie Harton
Directrice de la stratégie commerciale

[email protected]

Une vidéo annexée au présent communiqué est disponible à l’adresse suivante : https://www.globenewswire.com/NewsRoom/AttachmentNg/8b52aaa2–db1a–4f84–b5a9–de6d0e1e94b3


GLOBENEWSWIRE (Distribution ID 1001040200)

Lumi Global Acquires Assembly Voting to Strengthen Product Leadership and Accelerate International Expansion

LIPHOOK, United Kingdom, Dec. 19, 2024 (GLOBE NEWSWIRE) — Lumi Global, a global leader in technology–driven meeting solutions across Annual General Meetings, Investor Relations, and Member meetings, proudly announces the acquisition of Assembly Voting, a technology company specializing in end–to–end verifiable, cloud–based elections and voting solutions via its proprietary platform, Electa. This strategic acquisition reinforces Lumi Global’s commitment to innovation while expanding its capabilities beyond the live meeting environment to new market opportunities.

Key Highlights of the Acquisition

  1. Enhancing Product Leadership
    • Assembly Voting introduces advanced end–to–end verifiability to Lumi’s portfolio, ensuring secure, transparent, and verifiable election and voting processes for clients worldwide.
    • While Lumi Global has long offered anonymous voting solutions, Assembly Voting further elevates this capability with its advanced features, solidifying Lumi Global’s position as a leader in meeting technology and election solutions.
  2. Strengthening Product Portfolio
    • The Electa platform is purpose–built for scheduled elections and asynchronous voting, complementing Lumi Global’s existing solutions designed for live meetings and synchronous voting.
    • With a focus on verifiability, security, and scalability, the Electa platform broadens Lumi’s ability to support organizations at every stage of their decision–making processes, both before and during key meetings.
  3. Catalyzing International Expansion
    • This acquisition establishes Lumi Global’s presence in Denmark and Spain, opening new opportunities in these strategically significant markets.
    • Lumi Global is strategically positioned to deploy the Electa platform across its key markets in North America, EMEA, and APAC.
  4. Driving Innovation with Expertise
    • The inclusion of Assembly Voting’s experienced development team enriches Lumi Global’s innovation pipeline, bringing new opportunities for collaboration and growth.
    • The Electa platform’s excellence is further validated by an independent study conducted by the Karlsruhe Institute of Technology (KIT), which ranked it among the top electronic voting solutions globally out of 82 tools analyzed. KIT’s SECUSO (Security, Usability, Society) research group, renowned for its work in cybersecurity and usability, has emphasized Electa’s robust focus on these areas, reinforcing its credibility and leadership in the field. The full study is available here.

Leadership Perspectives

“This acquisition marks a bold step forward for Lumi Global, as we extend our product capabilities beyond the meeting day and into the wider elections market,” said Richard Taylor, CEO of Lumi Global. “The integration of Assembly Voting’s innovative technologies with Lumi’s Global platform will unlock new opportunities, ensuring we remain at the forefront of technology–driven meeting, election and voting solutions in Annual General Meetings, Investor Relations, and Member organization worldwide.”

“We are thrilled to join Lumi Global, a company whose vision and innovative approach align perfectly with ours,” said Jacob Gyldenkaerne, CEO of Assembly Voting. “This partnership not only expands the reach of our technology but also enhances our ability to serve an even more diverse, global client base with end–to–end verifiable election solutions.”

Supporting Lumi Global’s Strategic Goals

Lumi Global’s acquisition of Assembly Voting underscores its dedication to powering the meetings and elections that matter for trusted decisions worldwide. As live meetings and general assemblies transition to increasingly digital formats, elections have similarly evolved from traditional paper ballots to more secure and reliable digital platforms. This digital transformation creates the opportunity for a unified platform that seamlessly serves both needs. Lumi Global’s clients are increasingly seeking a comprehensive solution that delivers this integration.

About Lumi Global

Lumi Global powers the meetings and elections that matter for the world’s most trusted decisions, ensuring seamless, engaging experiences for in–room and online participants. Lumi Global’s cutting–edge technology and unique global presence empower informed decision–making across annual meetings, elections, member meetings, legislative meetings, IR meetings, and earnings calls. For over 30 years, Lumi has driven industry innovation, co–creating solutions with customers to simplify the complex and deliver stress–free, flawless meetings that foster accountability and meaningful engagement.

For more information, please contact:

Sylvie Harton
Chief Business Strategy Officer

[email protected]

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8b52aaa2–db1a–4f84–b5a9–de6d0e1e94b3


GLOBENEWSWIRE (Distribution ID 1001029818)

Namib Minerals and Hennessy Capital Investment Corp. VI Announce Filing of Registration Statement in Connection with their Proposed Business Combination and Namib Minerals’ Planned Nasdaq Listing

  • Namib Minerals and co–registrant Greenstone Corporation (“Greenstone”) filed a registration statement on Form F–4 (the “Registration Statement”) with the U.S. Securities Exchange Commission (the “SEC”), a critical step in advancing their previously announced proposed business combination with Hennessy Capital Investment Corp. VI (Nasdaq: HCVI) (“HCVI” or “Hennessy Capital”), and planned Nasdaq listing of Namib Minerals’ ordinary shares under the ticker “NAMM.”
  • The proposed business combination values Namib Minerals at a pre–money enterprise value of $500 million with up to an additional 30 million of contingent ordinary shares tied to the completion of operational milestones.(1)
  • Transaction proceeds are intended to be used to accelerate Namib Minerals’ growth plans for Greenstone’s assets, including the restart of two gold mines in Zimbabwe and expansion into prospective battery metal assets, including copper and cobalt, in the Democratic Republic of Congo (the “DRC”).
  • How mine, a high–grade cash–generating gold asset currently owned by Greenstone, supports low–cost production, while restart efforts at the Mazowe and Redwing mines aim to establish Namib Minerals as a multi–asset producer in Africa.

NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) — Namib Minerals, which would become a public company upon consummation of the proposed business combination, Greenstone, an affiliate of Namib Minerals and an established African gold producer with an attractive portfolio of mining assets in Zimbabwe, and HCVI, a Nasdaq listed special purpose acquisition company, today announced the filing of the Registration Statement with the SEC on Friday, December 6, 2024. This filing represents a key milestone in connection with their previously announced proposed business combination, which is expected to result in Namib Minerals listing its ordinary shares and warrants on Nasdaq under the ticker symbols “NAMM” and “NAMMW,” respectively, subject to approval of its listing application. While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about Namib Minerals, Greenstone, HCVI, and the proposed business combination.

Upon completion of the transaction, Namib Minerals will own Greenstone’s mining and exploration assets and plans to accelerate its growth strategy and build out its portfolio of mining assets. Located strategically in the Bulawayo Greenstone Belt of Southern Zimbabwe, Greenstone’s cash flow generating How mine has produced over 1.8Moz of gold between 1941 and 2023. Restart efforts at the Mazowe and Redwing mines, historically producing gold mines currently on care and maintenance, aim to diversify Namib Minerals’ production scale upon the mines’ recommencement. The Mazowe and Redwing mines have total measured and indicated resource estimates of 291koz at 7.77 g/t Au and 1,188koz at 3.83 g/t Au, respectively, and inferred resource estimates of 915koz at 8.65 g/t Au and 1,328koz at 2.61 g/t Au, respectively, based on technical report summaries for each mine prepared in compliance with Subpart 1300 of Regulation S–K promulgated by the SEC (“S–K 1300”). Greenstone also currently holds interests in 13 battery metals exploration permits in the DRC, including six initial diamond drilling holes that show potential for copper and cobalt. Located in the resource–rich Haut Katanga and Lualaba Provinces, these assets position Namib Minerals to capitalize on the rising global demand for battery metals.

Greenstone Snapshot:

  • Established, well–known African gold producer – Produced ~589koz from 2012 to 2023(2)
  • Operating in Zimbabwe since 2002 – Greenstone brings a proven management team with operational and developmental success
  • Producing positive cash flow – 1H 2024 Revenue: $42M(3) / 2023 Revenue: $65M(4); 1H 2024 Profit: $9.2M(3) / 2023 Profit: $3.6M(4); 1H 2024 Adj. EBITDA: $17M(5) / 2023 Adj. EBITDA: $20M(5)
  • One production stage asset, two exploration stage assets – As of December 31, 2023, total measured and indicated mineral resources: 1.6Moz at 3.92 g/t Au(6); total inferred mineral resources: 2.4Moz(6)
  • Well–positioned to unlock shareholder value as a multi–asset producer in Africa – Preparation works and feasibility studies underway at the Mazowe and Redwing mines
  • Certified to ISO Standards(7) – 0.86 lost time injury frequency rate in 2023(8)

“As Namib Minerals takes this significant step toward becoming a publicly traded company, we remain dedicated to our mission of creating safe, sustainable, and profitable mining operations,” said Ibrahima Tall, Chief Executive Officer and Director of Namib Minerals. “This transaction positions us to advance our strategy, from restarting the Mazowe and Redwing gold mines to expanding our focus on copper and cobalt potential in the DRC. We are excited about the opportunities this partnership creates to deliver long–term value to our stakeholders while contributing responsibly to the communities where we operate.”

“Filing the Registration Statement marks an important milestone in the proposed Namib–Hennessy Capital business combination,” said Daniel Hennessy, Chief Executive Officer and Chairman of Hennessy Capital. “We are proud to support Namib Minerals as it continues to build a leading Pan–African platform for precious and critical metals production. Namib Minerals stood out as a compelling partner due to its history of mining in precious metals, opportunities for future expansion and its mission to create safe, sustainable and profitable operations in the communities it serves. With its strong portfolio of assets and clear growth strategy, Namib Minerals is well–positioned to capitalize on increasing global demand for these essential resources.”

Proposed Transaction Highlights

The proposed business combination implies a pro forma combined enterprise value of Namib Minerals at approximately $602 million, excluding additional earnout consideration, assuming no further redemptions of HCVI’s public shares and $60 million in targeted PIPE funding to be obtained prior to the closing of the transaction. The boards of directors of HCVI, Greenstone, and Namib Minerals have approved the proposed transaction, which is expected to be completed in the first quarter of 2025, subject to, among other things, the approvals by stockholders of HCVI and Greenstone and satisfaction or waiver of the other conditions set forth in the business combination agreement, dated June 17, 2024 (as amended on December 6, 2024, the “Business Combination Agreement”). At closing of the proposed business combination, Greenstone’s existing shareholders will exchange their equity in Greenstone for approximately 74% of the equity of Namib Minerals.

Net proceeds from the transaction are expected to enable Namib Minerals to invest further into the How mine, while also contributing to the restart of production at the Mazowe and Redwing mines, each in Zimbabwe, and to help fund the expansion of operations into the DRC.

Additional information about the proposed business combination, including a copy of the Business Combination Agreement, is available on the Current Report on Form 8–K, dated June 17, 2024, filed by HCVI with the SEC on June 18, 2024 and available at www.sec.gov.

References:

(1)   Pre–money equity value of $500 million excludes additional 30 million of contingent ordinary shares ($300M value) to be issued by Namib Minerals to current Greenstone shareholders upon the completion of operational milestones.
(2)   Internal historical production numbers aligning with the How Mine S–K 1300 Technical Report Summary, December 2024; Mazowe Mine S–K 1300 Technical Report Summary, December 2024; Redwing Mine S–K 1300 Technical Report Summary, December 2024.
(3)   Unaudited interim financial statements and notes of Greenstone as of and for the six months ended June 30, 2024.
(4)   Audited financial statements and notes of Greenstone as of and for the year ended December 31, 2023.
(5)   Adjusted EBITDA is a non–International Financial Reporting Standards (“IFRS”) measure, which should not be considered in isolation or as a substitute for IFRS measures. See “Use of Non–IFRS Financial Measures” below for more information.
(6)   How Mine S–K 1300 Technical Report Summary, December 2024, exclusive of Mineral Reserves; Mazowe Mine S–K 1300 Technical Report Summary, December 2024; Redwing Mine S–K 1300 Technical Report Summary, December 2024.
(7)   Unaudited Greenstone 2023 Annual Report, Recertification achieved on all three international standards–based management systems; ISO 14001 of 2015: Environmental Management Systems (EMS), ISO 9001 of 2015: Quality Management Systems (QMS) and ISO 45001 of 2018: Occupational Safety and Health Management Systems (OHSMS).
(8)   How Mine internal management safety reporting.
     

Advisors

Cohen & Company Capital Markets is serving as exclusive financial advisor and lead capital markets advisor to Greenstone and Namib Minerals, while Jett Capital Advisors LLC is serving as financial advisor to HCVI. Greenberg Traurig, LLP is serving as U.S. legal counsel to Greenstone and Namib Minerals, Sidley Austin LLP is serving as legal counsel to HCVI, and Appleby (Cayman) Ltd. is serving as Cayman Islands legal counsel to Greenstone and Namib. BDO South Africa Inc. is serving as auditor to Greenstone and Namib Minerals, and Alliance Advisors Investor Relations is serving as investor relations advisor for the transaction.

About Greenstone Corporation and Namib Minerals

Greenstone is a gold producer, developer and explorer with operations focused in Zimbabwe. Greenstone is a significant player in Zimbabwe’s mining industry, driving sustainable growth and innovation across the sector. Currently Greenstone operates an underground mine in Zimbabwe, with additional exploration assets in Zimbabwe and the DRC. Greenstone operates using conventional mining as well as modern processes and is seeking alternative areas of growth. Upon the closing of the proposed business transaction, Namib Minerals will hold all of Greenstone’s assets.

For additional information, please visit namibminerals.com

About Hennessy Capital Investment Corp. VI

Hennessy Capital Investment Corp. VI is a special purpose acquisition company (SPAC) listed on the Nasdaq Global Market (NASDAQ: HCVI). HCVI was formed by Daniel J. Hennessy for the purpose of acquiring, and introducing to the public markets, a strong and competitive company operating in the industrial sector.

For additional information, please visit hennessycapitalgroup.com

Forward Looking Statements

All statements other than statements of historical facts contained in this press release, including statements regarding HCVI’s, Greenstone’s, or Namib Minerals’ future financial position, results of operations, business strategy, and plans and objectives of their respective management teams for future operations, are forward–looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward–looking statements. In some cases, you can identify forward–looking statements by words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “strategy,” “future,” “opportunity,” “may,” “target,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” “preliminary,” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward–looking. Forward–looking statements include, without limitation, HCVI’s, Greenstone’s, or their respective management teams’ expectations concerning the outlook for their or Namib Minerals’ business, productivity, plans, and goals for future operational improvements and capital investments, operational performance, future market conditions, or economic performance and developments in the capital and credit markets and expected future financial performance, including the restart of the Mazowe mine and the Redwing mine and related expansion plans, capital expenditure plans and timeline, the development and goals of the prospective exploration licenses in the DRC, mineral reserve and resource estimates, production and other operating results, productivity improvements, expected net proceeds, expected additional funding, the percentage of redemptions of HCVI’s public stockholders, growth prospects and outlook of Namib Minerals’ operations, individually or in the aggregate, including the achievement of project milestones, commencement and completion of commercial operations of certain of Namib Minerals’ exploration and production projects, as well as any information concerning possible or assumed future results of operations of Namib Minerals. Forward–looking statements also include statements regarding the expected benefits of the proposed business combination. The forward–looking statements are based on the current expectations of the respective management teams of Greenstone and HCVI, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward–looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward–looking statements. These risks and uncertainties include, but are not limited to, (i) the risk that the proposed business combination may not be completed in a timely manner or at all, which may adversely affect the price of HCVI’s securities; (ii) the risk that the proposed business combination may not be completed by HCVI’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by HCVI; (iii) the failure to satisfy the conditions to the consummation of the proposed business combination, including the adoption of the Business Combination Agreement by the stockholders of HCVI and Greenstone, the satisfaction of the $25 million minimum cash amount following redemptions by HCVI’s public stockholders and the receipt of certain regulatory approvals; (iv) market risks, including the price of gold; (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement; (vi) the effect of the announcement or pendency of the proposed business combination on Greenstone’s business relationships, performance, and business generally; (vii) the outcome of any legal proceedings that may be instituted against Greenstone or HCVI related to the Business Combination Agreement or the proposed business combination; (viii) failure to realize the anticipated benefits of the proposed business combination; (ix) the inability to maintain the listing of HCVI’s securities or to meet listing requirements and maintain the listing of Namib Minerals’ securities on the Nasdaq; (x) the inability to remediate the identified material weaknesses in Greenstone’s internal control over financial reporting, which, if not corrected, could adversely affect the reliability of Greenstone’s and Namib Minerals’ financial reporting; (xi) the risk that the price of Namib Minerals’ securities may be volatile due to a variety of factors, including changes in the highly competitive industries in which Greenstone plans to operate, variations in performance across competitors, changes in laws, regulations, technologies, natural disasters or health epidemics/pandemics, national security tensions, and macro–economic and social environments affecting its business, and changes in the combined capital structure; (xii) the inability to implement business plans, forecasts, and other expectations after the completion of the proposed business combination, identify and realize additional opportunities, and manage its growth and expanding operations; (xiii) the risk that Greenstone may not be able to successfully develop its assets, including expanding the How mine, restarting and expanding its other mines in Zimbabwe or developing its exploration permits in the DRC; (xiv) the risk that Greenstone will be unable to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; (xv) political and social risks of operating in Zimbabwe and the DRC; (xvi) the operational hazards and risks that Namib Minerals faces; and (xvii) the risk that additional financing in connection with the proposed business combination may not be raised on favorable terms, in a sufficient amount to satisfy the $25 million (post–redemptions) minimum cash amount condition to the Business Combination Agreement, or at all. The foregoing list is not exhaustive, and there may be additional risks that neither HCVI nor Greenstone presently know or that HCVI and Greenstone currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this press release and the other risks and uncertainties described in the “Risk Factors” section of HCVI’s Annual Report on Form 10–K for the year ended December, 31, 2023, which was filed with the SEC on March 29, 2024, the risks described in the Registration Statement, which includes a preliminary proxy statement/prospectus, and those discussed and identified in filings made with the SEC by HCVI and Namib Minerals from time to time. Greenstone and HCVI caution you against placing undue reliance on forward–looking statements, which reflect current beliefs and are based on information currently available as of the date a forward–looking statement is made. Forward–looking statements set forth in this press release speak only as of the date of this press release. None of Greenstone, HCVI, or Namib Minerals undertakes any obligation to revise forward–looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward–looking statement is updated, no inference should be made that Greenstone, HCVI, or Namib Minerals will make additional updates with respect to that statement, related matters, or any other forward–looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward–looking statements, including discussions of significant risk factors, may appear, up to the consummation of the proposed business combination, in HCVI’s or Namib Minerals’ public filings with the SEC, which are or will be (as appropriate) accessible at www.sec.gov, and which you are advised to review carefully.

Important Information for Investors and Stockholders

In connection with the proposed business combination, Namib Minerals and Greenstone, as co–registrant, have filed with the SEC the Registration Statement, which includes a prospectus with respect to Namib Minerals’ securities to be issued in connection with the proposed business combination and a proxy statement to be distributed to holders of HCVI’s common stock in connection with HCVI’s solicitation of proxies for the vote by HCVI’s stockholders with respect to the proposed business combination and other matters to be described in the Registration Statement (the “Proxy Statement”). After the SEC declares the Registration Statement effective, HCVI plans to file the definitive Proxy Statement with the SEC and to mail copies to stockholders of HCVI as of a record date to be established for voting on the proposed business combination. This press release does not contain all the information that should be considered concerning the proposed business combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that Namib Minerals or HCVI may file with the SEC. Before making any investment or voting decision, investors and security holders of HCVI and Namib Minerals are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC in connection with the proposed business combination as they become available because they will contain important information about Greenstone, HCVI, Namib Minerals and the proposed business combination. Investors and security holders will be able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents filed or that will be filed with the SEC by Namib Minerals and HCVI through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by Namib Minerals and HCVI may be obtained free of charge from HCVI’s website at hennessycapllc.com or by directing a request to Nicholas Geeza, Chief Financial Officer, PO Box 1036, 195 US Hwy 50, Suite 309, Zephyr Cove, Nevada 89448; Tel: (775) 339–1671. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.

Participants in the Solicitation

Greenstone, HCVI, Namib Minerals and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the solicitations of proxies from HCVI’s stockholders in connection with the proposed business combination. For more information about the names, affiliations and interests of HCVI’s directors and executive officers, please refer to HCVI’s annual report on Form 10–K filed with the SEC on March 29, 2024 and the Registration Statement, Proxy Statement and other relevant materials filed with the SEC in connection with the proposed business combination from time to time. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, which may, in some cases, be different than those of HCVI’s stockholders generally, are included in the Registration Statement and the Proxy Statement. Stockholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

Use of Non–IFRS Financial Measures

Greenstone utilizes non–IFRS financial measures, including Adjusted EBITDA, to complement its IFRS reporting and provide stakeholders with a deeper understanding of its operational performance and financial health. These measures offer insights into trends and factors that IFRS metrics may not fully capture, and Greenstone believes they are essential for formulating strategic decisions and business plans. Non–IFRS financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with IFRS, and non–IFRS financial measures as used by Greenstone may not be comparable to similarly titled amounts used by other companies. While not a substitute for IFRS results, they exclude items not indicative of Greenstone’s core operations, enhancing comparability across periods. Greenstone defines Adjusted EBITDA as profit for the period before finance cost, loss on sale, related party credit loss, taxes, depreciation, impairment of long lived assets, interest income, financial guarantee remeasurement, and share–based payments. The table below presents Greenstone’s Adjusted EBITDA for the year ended December 31, 2023 and the six–month period ended June 30, 2024, reconciled to Greenstone’s Profit for the year ended December 31, 2023 and the six–month period ended June 30, 2024, respectively, which is the most comparable IFRS measure:

(In thousands)     31–Dec–23
     30–Jun–24  
Profit for the period ended     $ 3,627     9,175  
Finance cost     2,415     1,057  
Loss on sale       41     —  
Related party credit loss       6,818     552  
Income tax expense       5,254     4,433  
Depreciation       2,705     1,666  
Impairment       —     —  
Interest income       (114 )   —  
Financial guarantee remeasurement       (486 )   (2,746 )
Share–based payments       —     2,834  
Adjusted EBITDA     $ 20,260     16,971  
 

Cautionary Note Regarding Mineral Resources and Mineral Reserves
Estimates of “measured”, “indicated,” and “inferred” mineral resources as well as “mineral reserves” shown in this press release are defined in S–K 1300. The estimation of measured resources and indicated resources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable mineral reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources. Investors are cautioned not to assume that any or all of the mineral resources are economically or legally mineable or that these mineral resources will ever be converted into mineral reserves. You are cautioned that mineral resources do not have demonstrated economic viability.

No Offer or Solicitation
This press release shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the proposed business combination shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.

Contacts

Greenstone Corporation/Namib Minerals:
[email protected]

Hennessy Capital Investment Corp. VI:
Nicholas Geeza
[email protected]

Investor Relations:
Caroline Sawamoto
[email protected]


GLOBENEWSWIRE (Distribution ID 9315817)

Recursion and Exscientia, two leaders in the AI drug discovery space, have officially combined to advance the industrialization of drug discovery

  • Recursion unveils post–combination technology–enabled portfolio with more than 10 clinical and preclinical programs, 10 advanced discovery programs, and more than 10 partnered programs
  • Platform will focus on first and best–in–class drug discovery and development, demonstrating the ability to find novel insights and dramatically reduce the time and cost of discovery
  • Recursion will host an update call today, November 20, 2024 at 7:30 a.m. ET / 5:30 a.m. MT / 12:30 p.m. GMT on LinkedIn, X and Youtube

SALT LAKE CITY, Nov. 20, 2024 (GLOBE NEWSWIRE) — The business combination of two AI–powered drug discovery and development companies, Recursion (Nasdaq: RXRX) and Exscientia has been completed, with Exscientia becoming a wholly owned subsidiary of Recursion creating a vertically–integrated and technology–enabled drug discovery platform. Exscientia ADSs (Nasdaq: EXAI) ceased trading and will be delisted from Nasdaq.

“I believe the combination of the incredible teams and platforms at Exscientia and Recursion position us as the leader of the AI–enabled drug discovery and development space,” said Chris Gibson, Ph.D., Co–Founder and CEO of Recursion. “With more than 10 clinical and preclinical programs in the internal pipeline, more than 10 partnered programs and over $450M in upfront and realized milestone payments received from partners to date out of more than $20B possible, we are advancing a flywheel of discovery and creating value in our pipeline through technology.”

“The combination of our platforms and people make us the company to beat,” said David Hallett, Ph.D., former CSO and Interim CEO of Exscientia and newly appointed Chief Scientific Officer at Recursion. “With our combined strength of real–world proprietary data and the models we’ve created – hypothesizing, testing and learning in a continuous loop – we're redefining the space by shrinking timelines and costs, identifying and optimizing lead candidates faster than traditional methods.”

The Company is pleased to share updates on the combined entity’s pipeline, partnerships, and platform below:

Pipeline

The combined pipeline represents more than 10 clinical and preclinical programs. In addition there are approximately 10 advanced discovery programs in the current pipeline.

Updated guidance is bulleted below as well as a snapshot of our pipeline:

  • REC–617 (CDK7 inhibitor; Advanced Solid Tumors): Initial Phase 1 monotherapy safety and PK/PD data expected at the AACR Special Conference on December 9th 2024, and a webinar to follow on December 10th 2024.
  • REV102 (ENPP1 inhibitor; Hypophosphatasia): Development candidate nomination expected in Q4 2024
  • REC–4881 (MEK1/2 inhibitor, Familial Adenomatous Polyposis): Phase 1b/2 safety and early efficacy data expected in H1 2025
  • REC–2282 (pan–HDAC inhibitor; Neurofibromatosis Type 2): PFS6 futility analysis expected by H1 2025
  • REC–3565 (MALT1 inhibitor, B–Cell Malignancies): Phase 1 first patient dosed (FPD) expected in Q1 2025
  • REC–4539 (LSD1 inhibitor, Small–Cell Lung Cancer): Phase 1 first patient dosed (FPD) expected in H1 2025
  • REC–994 (Superoxide scavenger, Cerebral Cavernous Malformation): Further data to be shared at an upcoming medical conference / publication / webinar in H1 2025; regulatory update expected by H2 2025
  • REC–394 (C. difficile Toxin B selective inhibitor, C. difficile): Phase 2 update expected in Q1 2026
  • REC–1245 (RBM39 degrader; Solid Tumors and Lymphoma): Phase 1 dose–escalation data update expected in H1 2026
  • REC–4209 (undisclosed target; Idiopathic Pulmonary Fibrosis): IND–enabling studies are ongoing
  • REC–4881 in APC/AXIN1 indications have been deprioritized as part of a disciplined strategic prioritization of the portfolio. Study status will be updated on clinicaltrials.gov

Partnerships

The combined company’s therapeutic partnerships represent more than 10 partnered programs in areas such as oncology and immunology. The combined company has received approximately $450M in upfront and milestone payments from partnerships to date. Through these partnerships, we have the potential to receive more than approximately $20B in additional milestone payments before royalties.

Platform

With chemical design and synthesis methods from Exscientia and over 60 petabytes of proprietary data generated in house or licensed from partners like Helix and Tempus, the combined entity will strengthen the Recursion OS to be a first–in–class and best–in–class drug discovery and development platform.

The platform will continue to drive iterative loops of hypotheses and active learning all the way from research to development, with the goal of eventually creating virtual cells that will allow the company to execute clinical trials at scale.

Company, Board, and Leadership Updates

The combined company will have approximately 800 employees with the headquarters remaining in Salt Lake City, and primary offices in Toronto, Montreal, Milpitas, New York, the Oxford area, and London.

Individual board and executive leadership changes of Recursion, effective as of November 20, 2024, are summarized below:

  • Franziska Michor, a former member of the Board of Directors of Exscientia, was appointed as a Class II Director of the Board of Directors of Recursion, with her initial term to extend until the 2026 Annual Meeting of Stockholders of Recursion.
  • Ben Taylor, former Chief Financial and Strategy Officer of Exscientia, was appointed as the Chief Financial Officer of the Company and President of Recursion UK.
  • Dave Hallett, former Interim Chief Executive Officer of Exscientia, was appointed as Chief Scientific Officer of the Company.
  • Kristen Rushton, Chief Business Operations Officer of the Company, was promoted to Chief Operating Officer of the Company.
  • Matthew Kinn, Senior Vice President, Business Development and Corporate Initiatives of the Company was promoted to serve as Chief Business Officer of the Company.
  • Lina Nilsson, Senior Vice President, Emerging Technologies of the Company, was promoted to serve on the executive team as Senior Vice President, Head of Platform of the Company.
  • Michael Secora, Tina Marriott, and Laura Schaevitz will transition from their executive roles into advisor roles for the combined company. All three have provided many years of dedicated service to the Company and we wish to express our heartfelt gratitude for each of them. Recursion would not be where it is today without their dedication and efforts.

Update Call Information

Recursion will host an update call today at 7:30 a.m. ET / 5:30 a.m. MT / 12:30 p.m. GMT. The Company will broadcast the live stream from Recursion’s X (formerly Twitter), LinkedIn and YouTube accounts, and on Exscientia’s LinkedIn account. Questions can be submitted via this link ahead of time or during the livestream.

About Recursion
Recursion is a leading, clinical–stage TechBio company decoding biology to industrialize drug discovery. Central to its mission is the Recursion Operating System (OS), a platform built across diverse technologies that continuously expands one of the world’s largest proprietary biological, chemical and patient–centric datasets. Recursion leverages sophisticated machine–learning algorithms to distill from its dataset a collection of trillions of searchable relationships across biology and chemistry unconstrained by human bias. By commanding massive experimental scale—up to millions of wet lab experiments weekly—and massive computational scale—owning and operating one of the most powerful supercomputers in the world—Recursion is uniting technology, biology, chemistry and patient–centric data to advance the future of medicine.

Recursion is headquartered in Salt Lake City, where it is a founding member of BioHive, the Utah life sciences industry collective. Recursion also has other primary offices in Toronto, Montreal, the San Francisco Bay Area, New York, the Oxford area, and London.

Recursion Investor Relations
[email protected]

Recursion Media
[email protected]

Forward Looking Statements

Statements contained herein which are not historical facts may be considered forward–looking statements under federal securities laws and may be identified by words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “will,” or words of similar meaning and include, but are not limited to, statements regarding the leadership position of the combined company and its impact on the industry; the ability for the combined business to accelerate the discovery of better solutions for patients; the timing of IND submissions and IND enabling studies; the potential to receive upfront, milestone, and royalty payments and work on over 60 therapeutic programs; the strengthening of the Recursion OS through the combined company; the continued learning of Recursion’s platform and the creation of virtual cells to enable execution of clinical trials at scale; Recursion’s achievement of efficiencies; the continuous expansion of the Recursion OS datasets; and advancing the future of medicine; the outlook for Recursion’s future business and financial performance; and others. Such forward–looking statements are based on the current beliefs of Recursion’s management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward–looking statements based on a variety of risks and uncertainties including: the ability of the combined company to retain key personnel; the ability to realize the benefits of the combination, including cost synergies; the ability to successfully integrate Exscientia's business with Recursion’s business, at all or in a timely manner; the amount of the costs, fees, expenses and charges related to the combination; the effect of economic, market or business conditions, including competition, regulatory approvals and commercializing drug candidates, or changes in such conditions, have on the combined company’s operations, revenue, cash flow, operating expenses, employee hiring and retention, relationships with business partners, the development or launch of technology enabled drug discovery, and commercializing drug candidates; the risks of conducting business internationally; the impact of changes in interest rates by the Federal Reserve and other central banks; the impact of potential inflation, volatility in foreign currency exchange rates and supply chain disruptions; the ability to maintain technology–enabled drug discovery in the biopharma industry; and risks relating to the market value of Recursion’s Class A common stock.

Other important factors and information are contained in Recursion’s most recent Annual Report on Form 10–K, including the risks summarized in the section entitled “Risk Factors,” Recursion’s subsequent Quarterly Reports on Form 10–Q, the joint definitive proxy statement filed by Recursion and Exscientia on October 10, 2024, as amended by the supplemental disclosures filed by Recursion on November 6, 2024, and each of Recursion’s other filings with the U.S. Securities and Exchange Commission (the “SEC”), which can be accessed at https://ir.recursion.com, or www.sec.gov. All forward–looking statements are qualified by these cautionary statements and apply only as of the date they are made. Recursion undertakes no obligation to update any forward–looking statement, whether as a result of new information, future events or otherwise.

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/359d7cd4–0ccf–4210–938d–f585a9b073ee
https://www.globenewswire.com/NewsRoom/AttachmentNg/a94dc301–518d–48a8–b8d3–430cd726d651
https://www.globenewswire.com/NewsRoom/AttachmentNg/57cb9454–a7a7–4abf–a76f–82356a3682ac


GLOBENEWSWIRE (Distribution ID 9277015)