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EV Group Brings Revolutionary Layer Transfer Technology to High-Volume Manufacturing with EVG®850 NanoCleave™ System

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View inside the EVG®850 NanoCleave™ layer release system, with the pre-processing module bay and the mechanical release module in the background. Source: EV Group.

Infrared laser cleave technology enables ultra-thin-layer transfer from silicon substrates with nanometer precision, revolutionizing 3D integration for advanced packaging and transistor scaling

ST. FLORIAN, Austria, Dec. 8, 2023 /PRNewswire/ — EV Group (EVG), a leading supplier of wafer bonding and lithography equipment for the MEMS, nanotechnology and semiconductor markets, today introduced the EVG®850 NanoCleave™ layer release system—the first product platform to feature EVG’s revolutionary NanoCleave technology. The EVG850 NanoCleave system enables nanometer-precision release of bonded, deposited or grown layers from silicon carrier substrates using an infrared (IR) laser coupled with specially formulated inorganic release materials in a proven, high-volume-manufacturing (HVM) capable platform. As a result, the EVG850 NanoCleave eliminates the need for glass carriers—enabling ultra-thin chiplet stacking for advanced packaging, as well as ultra-thin 3D layer stacking for front-end processing, including advanced logic, memory and power device formation, to support future 3D integration roadmaps. 


View inside the EVG®850 NanoCleave™ layer release system, with the pre-processing module bay and the mechanical release module in the background. Source: EV Group.

The first EVG850 NanoCleave systems have already been installed at customer facilities, and nearly two dozen product demonstrations are underway with customers and partners at customer sites and EVG’s headquarters.

Silicon Carriers Benefit 3D Stacking and Back-end Processing 
In 3D integration, glass substrates have become an established method for building up device layers through temporary bonding with organic adhesives, using an ultraviolet (UV) wavelength laser to dissolve the adhesives and release the device layers, which are subsequently permanently bonded onto the final product wafer. However, glass substrates are difficult to process with semiconductor fab equipment that have been designed primarily around silicon, and that require costly upgrades to enable glass substrate processing. In addition, organic adhesives are generally limited to processing temperatures below 300 °C,  limiting their use to back-end processing.

Enabling silicon carriers with inorganic release layers avoids these temperature and glass carrier compatibility issues. In addition, the nanometer precision of IR laser-initiated cleaving allows for processing extremely thin device wafers without changing processes of record. Subsequent stacking of such thin device layers enables higher-bandwidth interconnects and new opportunities to design and segment dies for next-generation, high-performance devices.

Next-generation Transistor Nodes Require Thin-layer Transfer Processes
At the same time, transistor roadmaps for the sub-3-nm node call for new architectures and design innovations such as buried power rails, backside power delivery networks, complementary field-effect transistors (CFETs) and 2D atomic channels, all of which require layer transfer of extremely thin materials. Silicon carriers and inorganic release layers support process cleanliness, material compatibility and high processing temperature requirements for front-end manufacturing flows. However, until now, silicon carriers had to be completely removed using grinding, polishing and etching processes, which results in micron-range variations across the surface of the working device layer, making this method unsuitable for thin-layer stacking at advanced nodes.

"Releasable" Fusion Bonding
The EVG850 NanoCleave utilizes an IR laser and inorganic release materials to enable laser cleaving from silicon carriers with nanometer precision in production environments. The innovative process eliminates the need for glass substrates and organic adhesives, enabling front-end process compatibility for ultra-thin-layer transfer and downstream processes. The most demanding front-end processing is supported by the EVG850 NanoCleave’s high-temperature compatibility (up to 1000 °C) while the room-temperature IR cleaving step ensures device layer and carrier substrate integrity. The layer transfer process also eliminates the need for expensive solvents associated with carrier wafer grinding, polishing and etching.

The EVG850 NanoCleave is based on the same platform as EVG’s industry-leading EVG850 series of automated temporary bonding/debonding and silicon-on-insulator (SOI) bonding systems, with a compact design and HVM-proven wafer handling system.

According to Dr. Bernd Thallner, corporate R&D project manager at EV Group, "Since EVG’s founding more than 40 years ago, our vision has been steadfast in being the first in exploring new techniques and serving next-generation applications of micro- and nanofabrication technologies. Recently, 3D and heterogeneous integration have stepped into the spotlight as key drivers of performance improvements on new semiconductor device generations. This in turn has brought wafer bonding front and center as a critical process for continuing PPACt (power, performance, area, cost and time-to-market) scaling. With our new EVG850 NanoCleave system, EVG has merged the benefits of temporary bonding and fusion bonding into one versatile platform supporting our customers’ ability to extend their future roadmaps in both advanced packaging and next-generation scaled transistor design and manufacturing."

For more information on the EVG850 NanoCleave layer release system, visit https://www.evgroup.com/products/bonding/temporary-bonding-and-debonding-systems/evg850-nanocleave.  

About EV Group (EVG)
EV Group (EVG) is a leading supplier of equipment and process solutions for the manufacture of semiconductors, microelectromechanical systems (MEMS), compound semiconductors, power devices and nanotechnology devices. Key products include wafer bonding, thin-wafer processing, lithography/nanoimprint lithography (NIL) and metrology equipment, as well as photoresist coaters, cleaners and inspection systems. Founded in 1980, EV Group services and supports an elaborate network of global customers and partners all over the world. More information about EVG is available at www.EVGroup.com.

Contacts:   

Clemens Schütte

David Moreno

Director, Marketing and Communications

Principal

EV Group

Open Sky Communications

Tel: +43 7712 5311 0

Tel: +1.415.519.3915

E-mail: [email protected]

E-mail: [email protected]  

 

Photo – https://mma.prnasia.com/media2/2295586/EV_Group_new_system.jpg?p=medium600
Logo – https://mma.prnasia.com/media2/1278751/4444677/EV_Group_Logo.jpg?p=medium600

Source : EV Group Brings Revolutionary Layer Transfer Technology to High-Volume Manufacturing with EVG®850 NanoCleave™ System

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Announcing the 'Best Workplaces™ in Greater China 2023' List. "Integrating ESG & AI at the Workplace". By Great Place to Work®

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SHANGHAI, Dec. 8, 2023 /PRNewswire/ — Validated by more than 120,000 employees, Great Place to Work® is recognizing the Best Workplaces™ in Greater China, for 2023.

Within the framework of this year’s Conference topic: "Integrating ESG & AI at the Workplace", organisations with great leadership and teamwork need to be recognised for their commitment to innovate, while maintaining a special focus on their biggest strength: their employees.

"In navigating this transformative wave towards AI, we must collectively embrace a heightened sense of responsibility – individually, as a collective, and within our organizations. We find ourselves at a critical juncture, urging reflection on who we are, our aspirations, and, significantly for companies, how we can define our direction in alignment with the critical elements of Environmental, Social, and Governance (ESG). By achieving clarity and decisiveness in our approach to ESG, we lay the foundation for AI to become an immensely powerful and effective tool in our pursuit of compliance and innovation."

-Jose Bezanilla, CEO Great Place To Work®, Greater China.

This year, Great Place to Work® surveyed more than 280 companies, out of which, 54 are recognised and awarded; representing 120,000+ employees in Mainland China, Hong Kong and Taiwan. This survey assesses employees’ perceptions of leadership, organizational culture and trust, and is decisive for being selected for the Best Workplaces™ in Greater China.

Taken from more than 120,000 valid responses of the Trust Index® survey, in 2023, we are proud to share the wonderful average score of 93.4%!

For the first time in Greater China, three lists are published, categorised by size of the company: Small/Medium/Large.

Best Workplaces™ in Greater China 2023, Small size category:
Adobe
Atomy
AWA (IP) Beijing) Co., Ltd.
Beam Suntory China
ConnectedGroup
Dr. Reddy’s China
eyebuydirect
Insight
Kerry China
Medela Greater China
Pfizer Corporation Hong Kong Limited
Platinum Guild International (PGI®)
Tata Communications
Teleflex Medical China
Teva Pharmaceutical China
Trek China

Best Workplaces™ in Greater China 2023, Medium size category:

Al-Dabbagh Group
Allianz Insurance Asset Management Company Limited
American Express International, Inc.
Ansys China
Avanade Greater China Region
Capella Hotels and Resorts.
CI&T China, Inc.
DHL Supply Chain Taiwan
Fonterra
mastercard
Mayoly
Royal FrieslandCampina China
S.C. Johnson
Stryker China Commercial
Stryker (Suzhou) Medical Technology Co., Ltd.
TMF Group
W. L. Gore & Associates

Best Workplaces™ in Greater China 2023, Large size category:

Accenture
Agilent Technologies
Cadence
Cisco
Coats China
DHL Express
DHL Global Forwarding
Dow
EY
Hilton
Marriot International
Metlife
NVIDIA
NXP Semiconductors
PayPal China and Hong Kong
PMV China
SAP
Sephora China
Servier China
Shanghai Totole Food Ltd.
SKF China
Teleperformance

Under the For All™ methodology, companies are evaluated on how well they are creating an inclusive workplace experience for all employees, regardless of their background or position.

We applaud your continuous efforts to build up a great culture for your associates.

About the Best Workplaces™ in Greater China List

Since 2012, Great Place to Work® has identified the top organisations that create great workplaces in Greater China in which they operate through the publication of the the Best Workplaces ™ in Greater China list.

The objective of publishing the list is to acknowledge organisations and Great Workplaces from diverse industries and sizes that deliver and establish a great culture among the colleagues and associates, so as to sustain and enhance the competitive edge of the region.

About Great Place to Work®:

Great Place to Work® is the global authority on high-trust, high-performance workplace cultures that provides executive advisory and culture consulting services to businesses in more than 97 countries. Through proprietary assessment tools, benchmarks and certification programs. In Greater China, we partner with different media partners to publish the ‘Best Workplaces™ in Greater China’ list and ‘Best Workplaces™ in Hong Kong and Taiwan; also a special list of ‘Best Workplaces™ for Women in Greater China’ list.  In the US, we work with Fortune Magazine to publish the 100 Best Companies to Work For® list.

About Great Place to Work® Greater China official website please visit http://www.greatplacetowork.com.hk/   https://www.greatplacetowork.cn/

and Join the community on LinkedInTwitterFacebook, and on WeChat ID: greatplacetowork.

Source : Announcing the 'Best Workplaces™ in Greater China 2023' List. "Integrating ESG & AI at the Workplace". By Great Place to Work®

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Fiji Airways partners with JetBlue

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National Airline continues to grow its footprint in North America

NADI, Fiji, Dec. 8, 2023 /PRNewswire/ — Fiji Airways, Fiji’s National Airline is proud to announce a new interline partnership with JetBlue based out of the United States.

The partnership means guests can purchase fares on both airlines on the one ticket, seamlessly connecting customers between flights on Fiji Airways and JetBlue. This includes through-check from the initial point of departure to the final destination.

Fiji Airways Managing Director and Chief Executive Officer Andre Viljoen has welcomed JetBlue saying the potential for both airlines are limitless.

"Americans who have been yearning for a holiday in Fiji will now find it much easier to connect onto our flights out of Los Angeles and San Francisco. Research tells us that many Americans have a misconception that Fiji is too far away, and difficult to get to. With this partnership, Fiji Airways has made it even more convenient to reach our Fijian paradise.

We have been exploring innovative means to grow our footprint in the United States, and I am delighted that JetBlue has come onboard as an interline partner."

The US market is a key focus for Fiji Airways and with this new partnership the airline is able to grow and extend its award winning service to the East Coast, Utah and Florida.

"With JetBlue, we can welcome guests beyond the US given the airline’s 100 domestic and international network destinations including Los Angeles, New York, Boston, Fort Lauderdale-Hollywood, Orlando, Utah and San Juan," added  Viljoen.

Not only can Americans easily visit Fiji, but also connect to Australia, New Zealand, Asia (Singapore, Hong Kong, Japan) and Pacific Island countries using Fiji Airways all on one ticket.

This is also a win for Fijians and other Pacific Islanders who want to explore more of the United States, visit friends and family, or connect to other parts of the world. With JetBlue, guests can plan a flight with multiple connections using one ticket.

Fiji Airways flies daily between Nadi and Los Angeles and up to five times a week between Nadi and San Francisco.

-ENDS-

About Fiji Airways: Founded in 1951, Fiji Airways Group comprises Fiji Airways, Fiji’s National Airline and its subsidiaries: Fiji Link, its domestic and regional carrier, Pacific Call Comm Ltd, and a 38.75% stake in the Sofitel Fiji Resort & Spa on Denarau Island, Nadi. From its hubs at Nadi and Suva International Airports, Fiji Airways and Fiji Link serve 108 destinations in over 15 countries (including code-share). Destinations include Fiji, Australia, New Zealand, the US, Canada, the UK, Hong Kong (SAR China), Singapore, India, Japan, China, Samoa, Tonga, Tuvalu, Kiribati, Vanuatu and Solomon Islands. The Fiji Airways Group brings in 70 percent of all visitors who fly to Fiji, employs over 1000 employees, and is targeting to earn revenues of over FJD$1.5 billion (USD $680m) in 2023. Fiji Airways rebranded from Air Pacific in June 2013. Visit www.fijiairways.com for more information. 

 

 

Source : Fiji Airways partners with JetBlue

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Regor Announces Promising Safety And Single Agent Efficacy Data Evaluating RGT-419B In HR+/HER2- Advanced Breast Cancer Patients Who Have Progressed On CDK4/6 Inhibitors And Endocrine Therapy

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RGT-419B, a next generation CDK4 inhibitor, was safe and well tolerated in a First-in-Human Phase 1A single agent dose escalation study. Monotherapy clinical efficacy was observed in HR+/HER2- advanced breast cancer (ABC) patients who have progressed on CDK4/6 inhibitors (CDK4/6is) and endocrine therapy (ET). The current data support the continued development of RGT-419B as a single agent, as well as in combination therapy with ET in HR+/HER2- ABC patients.

BOSTON, Dec. 8, 2023 /PRNewswire/ — Regor Therapeutics Group ("Regor"), a global innovator powered by cutting-edge drug discovery engine and differentiated clinical development pipeline, today announced the results from Phase 1A single agent dose escalation study of RGT-419B, a next generation CDK4 inhibitor, in HR+ HER2- ABC patients who have progressed on prior CDK4/6is and ET. These results (cutoff date September 26, 2023) were presented today in poster session by Dr. Seth Wander from Massachusetts General Hospital at the San Antonio Breast Cancer Symposium (SABCS) taking place December 5-9, 2023, in San Antonio, Texas. The poster titled "First-in-human Phase 1A study of RGT-419B, a next generation CDK4 inhibitor, in patients with HR+/HER2- ABC who have progressed on prior CDK4/6 inhibitors (PO3-18-06; NCT05304962)", highlighted that:

Across 12 patients with HR+HER2- ABC who have progressed on CDK4/6is and ET, RGT-419B administered as oral (PO) monotherapy in continuous 28-day cycles was safe and well-tolerated with no dose-limiting toxicities. No patients discontinued treatment with RGT-419B due to an adverse event. The exposure of RGT-419B was dose proportional with long half-life and small peak to trough ratio at steady state. RGT-419B demonstrated single agent efficacy in the heavily pretreated HR+/HER2- ABC patients who have progressed on CDK4/6i and ET. Three patients achieved partial responses and are still on treatment. 6 patients received treatment > 24 weeks. The promising single agent efficacy of RGT-419B is consistent with the preclinical data from CDK4/6i resistant breast cancer models.

"RGT-419B demonstrates its potential to be the best-in-class next generation CDK4 inhibitor for HR+/HER2- breast cancer. The results presented today is encouraging because RGT-419B is not only safe and well tolerated, but also demonstrated single agent efficacy in heavily pre-treated HR+ HER2- ABC patients who progressed on the approved CDK4/6i and ET." said Xiayang Qiu Ph.D., Chief Executive Officer of Regor Therapeutics Group. "These data show that RGT-419B has monotherapy opportunity in HR+ HER2- ABC patients resistant to the approved CDK4/6i and ET.  With the favorable safety profile and promising monotherapy efficacy, RGT-419B has best-in-class potential as a single agent or in combination in HR+HER2- BC patients resistant to CDK4/6i, and in earlier lines of treatments.  Clinical studies of single agent dose expansion and combination of RGT-419B with ET are underway."

The Phase 1 trial (NCT05304962) is a multicenter, open-label study to assess the safety, tolerability, pharmacokinetics and preliminary anti-tumor activity of RGT-419B given as monotherapy or in combination with ET in patients with HR+HER2- ABC who have progressed on CDK4/6i and ET.

Copies of the posters are available on Regor’s website under the Science section.

About Regor Therapeutics Group                                   

Regor Therapeutics Group is a biotech founded in 2018 by a team of scientists with a proven track record in drug discovery and executive leadership covering full cycle of drug discovery and development. By leveraging its industry-leading core strength in rCARD™ (Computer Accelerated Rational Discovery), Regor has completed 8 PCCs inhouse, with 5 INDs filed, validating Regor’s highly efficient ecosystem for accelerated discovery of innovative therapeutic agents.

Regor’s in-house pipeline encompasses leading assets in metabolism, oncology and auto-immunity, with 2 leading assets: 1) RGT-075, an orally bioavailable small molecule GLP1R full agonist with best-in-class potential for obesity & beyond; and 2) RGT-419B, a unique CDK4+ inhibitor showing outstanding single agent responses in refractory ER+/Her2- breast cancer patients.

With a strong focus on excellence in pharmaceutical research and global competitiveness, Regor aspires to build a world-class innovation engine that promotes a winning culture of scientific excellence, strong teamwork driven by results and delivery with shared accountability and successes.

IR Contact:
Investor Relations and Communications
[email protected]

Source : Regor Announces Promising Safety And Single Agent Efficacy Data Evaluating RGT-419B In HR+/HER2- Advanced Breast Cancer Patients Who Have Progressed On CDK4/6 Inhibitors And Endocrine Therapy

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Korean Templestay: Where Tradition Meets Modernity

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Anguksa temple, Muju, Jeollabuk-do

–  2023-2024 Visit Korea year ‘Special Templestay’ continues

SEOUL, South Korea, Dec. 8, 2023 /PRNewswire/ — During the 2023-2024 Visit Korea period, Templestay announced that it will continue next year under the name of Special Templestay at major temples in English for foreigners.


Anguksa temple, Muju, Jeollabuk-do

Temples embody the living essence of Korea’s 1700-year-old Buddhist tradition, offering an experience of the past in the present moment. Templestay is a program that allows visitors to stay within temples and immerse themselves in the temples’ history and traditions. Temples are not static relics of history but vibrant places where monks continue to live, eat, sleep, and practice just as their predecessors did 1700 years ago.

While times have changed, traditions have persevered through the ages. To preserve and pass on the unique cultural heritage of Korean Buddhism, monks maintain and operate temples, engaging with the public. In a temple, anyone can have a chance to experience the lives of monks spanning from the past to the present.

A day in a temple is bustling. Monks awaken all living things with the striking of the wooden handbell(Monk-tak), a ritual known as "Doryangseok," at around 3 to 4 a.m., then proceed to recite Buddhist scriptures during the early morning "Yebul (Buddhist ceremony)," making a commitment to follow Buddha’s path to enlightenment. "Yebul" occurs three times daily, and outside of these sessions, temple visitors participate in temple upkeep activities ("Ulreok") or fulfill designated roles. Monks praying and dedicating themselves to meditation are part of daily temple routines.

Participants in the Templestay program typically spend one night and two days at a temple, engaging in activities akin to the monks’ routines. They join in "Yebul" to clear their mind and body and learn the practice of "108 bae (108 prostrations)" and "Chamseon," or Seon meditation. Additionally, they take part in making "yeomju," Buddhist prayer beads, or engage in conversations with monks over a cup of tea to learn about the mindset of a practitioner and find time for healing their minds.

Temple food provides an entirely unique experience for people in modern society. Prepared healthily without chemical additives and using ingredients foraged from nature, temple cuisine reflects a dietary culture that has sustained the physical health of practitioners throughout history.

Embedded within this temple food are traditional values encapsulated as a simple "gratitude for everything." Modern individuals accustomed to abundant food experience gratitude towards ingredients sourced from nature through temple food, learning the principle of "moderation," consuming only what the body needs. Fully concentrating on the act of eating is presented as a unique experience, an act of meditation where one observes and acknowledges their body’s state.

In this context, Templestay will be a unique program to experience when visiting Korea. For those seeking immersion in Korea’s past and present and to feel the essence of Korean Buddhism, Templestay will be an excellent choice.

For more information on Templestay and to make a reservation for the program, please visit the Templestay English website.

https://www.koreatemplefood.com/eng/main/main.html


Apply Weather stripping in Hwaeomsa temple

Source : Korean Templestay: Where Tradition Meets Modernity

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Madame Tussauds Singapore Launches First Dua Lipa Wax Figure In Asia

Madame Tussauds Singapore Launches First Dua Lipa Wax Figure In Asia

SINGAPORE – Media OutReach Newswire – 8 December 2023 – Right on the heels of the launch of her much-awaited new single “Houdini”, the iconic wax attraction Madame Tussauds Singapore welcomes Grammy Award-winning British pop star, Dua Lipa’s latest wax figure to its doors! Dua Lipa’s fifth wax figure is dressed in a blue iridescent ruffle top and holographic pants, which was inspired by her performance outfit worn during the UEFA Champion League Finals in 2018.

Dua Lipa’s fifth wax figure is dressed in a blue iridescent ruffle top and holographic pants.
Dua Lipa’s fifth wax figure is dressed in a blue iridescent ruffle top and holographic pants.

The global pop superstar, Dua Lipa who has a whopping 88M followers on Instagram is admired by her fans for her popular hit singles including “One Kiss’, “Levitating” and “Don’t Stop”. Dua Lipa has had an impactful year in 2023 with her acting debut in “Barbie”, with the release of hit single “Dance The Night”. While fans of Dua Lipa wait for her upcoming album release in 2024, fans can take this opportunity to meet her wax twin in Madame Tussauds Singapore and snag a selfie.

“Madame Tussauds Singapore is pleased to be the first attraction in Asia to have Dua Lipa’s figure so fans in the region can look forward to getting up close and personal with the star,” said Steven Chung, General Manager of Madame Tussauds Singapore. The meticulously crafted wax figure took approximately six months to create by a team of highly trained studio artists in London. Each strand of hair was individually inserted by hand, taking about five weeks to complete her head of hair alone.

Fans who are excited to see Dua Lipa’s wax figure can visit Madame Tussauds Singapore’s website at to purchase attraction tickets and witness the craftsmanship that have gone into creating this remarkable tribute to one of the greatest pop singers of our time.
Hashtag: #MadameTussaudsSingapore #MadameTussauds




The issuer is solely responsible for the content of this announcement.

Madame Tussauds

Madame Tussauds has been inviting people to walk the red carpet and get closer to the revered – and feared – for over 250 years. With over 23 attractions in the world’s top destination cities, we are dedicated to giving millions of visitors the opportunity to mingle with the mighty from A-listers to music legends, heroes of sport, to infamous world leaders. Today, we continue to partner with the global icons of a generation to create astonishing lifelike figures from sittings and offer exciting and interactive experiences to ensure guests have never felt closer to fame.

About Merlin Entertainments
Merlin Entertainments is a global leader in location-based, family entertainment. As Europe’s Number 1 and the world’s second-largest visitor attraction operator, Merlin now operates 130 attractions, 20 hotels and 6 holiday villages in 25 countries and across 4 continents. Merlin’s purpose is to deliver memorable experiences to its 67 million guests around the world, through its iconic brands and multiple attraction formats, and the commitment and passion of its 28,000 employees (peak season). For more information, http://www.merlinentertainments.biz.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.

Infobird Co., Ltd Regains Compliance with Nasdaq Minimum Bid Price Requirement

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HONG KONG, Dec. 8, 2023 /PRNewswire/ – Infobird Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of AI-powered customer engagement solutions in China, today announced that it received a notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on December 5, 2023 notifying the Company that it has regained compliance with the Nasdaq Capital Market’s minimum bid price requirement and that the matter is now closed.

On September 12, 2023, the Company was notified by Nasdaq of its failure to maintain a minimum closing bid price of at least $1.00 per share for 30 consecutive trading days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was given 180 days, or until March 11, 2024, to regain compliance. Effective November 15, 2023, the Company effected a 1-for-20 share consolidation.

The Notice noted that as of December 5, 2023, the Company evidenced a closing bid price of its ordinary shares at or greater than $1.00 per share for at least 10 consecutive business days from November 20 through December 4, 2023. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and Nasdaq considers the matter closed.

About Infobird Co., Ltd

Infobird, headquartered in Hong Kong, China, is a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions. For more information, visit Infobird’s website at www.Infobird.com.

Source : Infobird Co., Ltd Regains Compliance with Nasdaq Minimum Bid Price Requirement

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Webull Securities Australia Launches Moneybull, Currently Offering a 5.4% Yield on Idle Cash

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Australian investors can now earn ultra-competitive returns via Webull’s high-yield cash management tool, namely Moneybull. Moneybull has no sign-up costs, no management fees, and a minimum subscription/redemption of US$1.00 Cash deposited in Moneybull still retains its purchasing power within the Webull platform, allowing traders to buy stocks and ‘auto-sweep’ funds upon settlement

SYDNEY, Dec. 8, 2023 /PRNewswire/ — Webull Securities (Australia) Pty Ltd (‘Webull Australia’), a subsidiary of Webull Corporation, the popular trading platform, has today launched Moneybull in Australia, an inbuilt cash management tool that currently allows eligible Australian users to earn a 5.4% yield on uninvested cash, with no sign-up costs, no management fees, and a minimum deposit of US$1.00.

Moneybull aims to empower users to earn an ultra-competitive return on US dollar deposits using a USD money market trust fund matching, and even outperforming, many popular cash products offered by traditional brokers and banks[1]. Returns will be accrued daily and paid out automatically each month.

The tool also features an auto-sweep function, meaning users retain their purchasing power within the platform, and trades can be settled directly from fund proceeds, without the need for manual intervention.

The auto-sweep feature can also automatically channel idle cash into the money market fund, helping to boost overall returns and grow current holdings.

Rob Talevski, CEO of Webull Securities Australia said, "Webull Australia’s new Moneybull offering is a game changer in terms of creating a broker-integrated cash product that meets or even beats many of the traditional high-yield cash accounts currently available to the Australian consumer.

"This is especially relevant right now, as markets struggle to find upward momentum and portfolio yields become more important. In the current higher-interest-rate environment, we felt it was the right thing to do to seek out and pass on great cash returns, while allowing traders to use that collateral to trade. This is the result we’ve managed to achieve with our new Moneybull offering.

"Finally, US dollar money market funds are heavily regulated, meaning client funds are managed in a safe, reliable and trusted environment, which is of critical importance to us, and continues to remain top-of-mind for our clients."

Eligible clients will be able to activate Moneybull directly via the app (Markets Page > Moneybull Tab > and simply click "activate"). To find out more, visit the website https://www.webull.com.au/moneybull

ENDS

About Webull:

Webull is a leading digital investment platform built on next generation global infrastructure. The Webull Group is headquartered in St. Petersburg, Florida and backed by private equity investors located in the United States, Europe and Asia. Webull serves tens of millions of users from over 180 countries, providing retail investors with 24/7access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options and fractional shares, through Webull’s trading platform, which is currently available in the United States, the United Kingdom, Hong Kong, Singapore, Indonesia, Japan, South Africa, and Australia. Webull also offers investment education services, with lessons covering a wide range of topics.

[1] https://www.money.com.au/high-interest-savings-accounts

 

Source : Webull Securities Australia Launches Moneybull, Currently Offering a 5.4% Yield on Idle Cash

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network