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ECARX Holdings, Inc.ECX

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ECARX Holdings Inc. develops a full stack automotive computing platform to reshape the mobility market worldwide.

Its principal products include infotainment head units, digital cockpits, and vehicle chip-set solutions, as well as core operating system and integrated software stack.

The company was founded in 2017 and is based in London, the United Kingdom.

Latest News >

Update: US Steel Shareholders Approve Nippon Steel's Takeover Offer

Apr 12, 2024

02:26 PM EDT, 04/12/2024 (MT Newswires) -- (Updates first three paragraphs with details from US Steel statement.) US Steel (X) said Friday its shareholders voted at a special meeting to approve the $14.1 billion takeover offer by Nippon Steel. Based on the preliminary count, more than 98% of the shares, representing about 71% of the issued and outstanding shares of...

Brandywine Realty Trust Closes $400 Million Debt Offering

Apr 12, 2024

02:55 PM EDT, 04/12/2024 (MT Newswires) -- Brandywine Realty Trust ( BDN ) said Friday it closed a $400 million debt offering of 8.875% guaranteed notes due 2029. The company plans to use the proceeds to repurchase or redeem $335.1 million of its 4.1% guaranteed notes due Oct. 1. Brandywine Realty Trust ( BDN ) shares fell 3.6% in recent...

Hedge fund Barington urges Paramount to scrap talks with Skydance

Apr 12, 2024

NEW YORK (Reuters) - Hedge fund Barington Capital on Friday urged Paramount Global ( PARAA ) to scrap its exclusive merger talks with Skydance Media, arguing all shareholders would benefit if the company looked at other potential bidders. The New York-based hedge fund, which owns 325,000 shares in Paramount, has joined a chorus of increasingly disgruntled investors who say they...

Power Nickel Closes Oversubscribed Private Placement

Apr 12, 2024

02:49 PM EDT, 04/12/2024 (MT Newswires) -- Power Nickel Inc. ( PNPNF ) announced Friday that it has closed its previously announced private placement of common shares at $0.20 per common share. The company has issued near 11.9 million common shares for gross proceeds of near $2.4 million. In connection with the private placement, the company agreed to pay finder's...