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BEIJING, May 7, 2021 /PRNewswire/ Waterdrop Inc. ( Waterdrop or the Company ), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, today announced the pricing of its initial public offering ( IPO ) of 30,000,000 American depositary shares ( ADSs ), each representing 10 Class A ordinary shares of the Company, at a price of US$12.0 per ADS. In addition, Waterdrop has granted the underwriters a 30-day option to purchase up to an aggregate of 4,500,000 additional ADSs to cover over-allotment. The total gross proceeds of the offering are expected to be approximately US$360.0 million if the underwriters do not exercise their over-allotment option, and approximately US$414.0 million if the underwriters choose to exercise their over-allotment option in full.
Publishing date: May 07, 2021 • 7 hours ago • 5 minute read •
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CARACAS At least two private equity funds are seeking to acquire stakes in Venezuelan companies that have survived the country’s economic crisis, spurred in part by optimism that the Biden administration could ease sanctions on the South American nation, according to a dozen sources familiar with the talks.
The interest by funds, including Miami-based 3B1 Guacamaya Fund and Cayman Islands-based Knossos Asset Management, follows Venezuelan President Nicolas Maduro’s abrupt 2019 liberalization of the economy https://www.reuters.com/article/us-venezuela-shops-idCAKBN1YK16X amid a sanctions program created by former U.S. President Donald Trump.
Vuzix Blade Smart Glasses Successfully Supporting Medacta s NextAR Surgical Platform
Volume follow-on orders for Vuzix Blades received as a proven hardware solution of choice
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ROCHESTER, N.Y., May 7, 2021 /PRNewswire/
Vuzix® Corporation (NASDAQ: VUZI), ( Vuzix or, the Company ), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced a further volume order of Vuzix Blade® Smart Glasses in connection with the Company s central role supporting the NextAR surgical AR platform developed by Medacta International, one of the world s largest providers of innovative orthopedic products focusing on healthcare sustainability. Having used the Vuzix Blade to complete the first smart glasses-based total knee replacement in the US in 2020, Medacta is now using Vuzix Smart Glasses to drive new applications to leverage augmented reality in shoulder, hip and spine surgery.
VanEck Launches Digital Transformation ETF (DAPP) in Europe
May 7 2021 · 08:15 UTC by Steve Muchoki · 3 min read
Photo: Depositphotos
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The product dubbed VanEck Vectors Digital Assets Equity UCITS ETF will be publicly available on the London Stock Exchange and Deutsche Boerse.
VanEck, a global investment manager, announced the launch of an exchange-traded fund ETF in Europe to expose investors to companies that are steering the digital transformation for the global economy, particularly the blockchain and cryptocurrency industry. The product dubbed VanEck Vectors Digital Assets Equity UCITS ETF will be publicly available on the London Stock Exchange and Deutsche Boerse under the ticker DAPP with a total expense ratio (TER) of 0.65%.
· Improvement in demand within the first quarter, led by the Americas and Greater China. · Group RevPAR down 50.6% vs 2019 (down 33.7% vs 2020); continued industry outperformance in key markets. · RevPAR reflects a 23%pts reduction in occupancy, with rate sustained at ~80% of 2019 levels. · Occupancy of 40.0%, improving through the quarter; 223 hotels (4% of estate) closed at 31 March. · Net system size growth broadly flat YTD; global estate 884k rooms (5,959 hotels). · Opened 7.3k rooms (56 hotels); 5.8k added to Essentials and Suites brands, 1.5k in Premium, Luxury & Lifestyle. · Removed 9.5k rooms (61 hotels); 6.3k (31 hotels) for Holiday Inn and Crowne Plaza in Americas and EMEAA. · Signed 14.5k rooms (92 hotels), ahead of Q1 last year; total pipeline increased to 274k rooms (1,820 hotels).