Latest news with #StreetervilleCapital
Yahoo
31-07-2025
- Business
- Yahoo
Shareholders panic-sell as stock drops 30%
Shareholders panic-sell as stock drops 30% originally appeared on TheStreet. Shares of Antelope Enterprise Holdings Limited (NASDAQ: AEHL) plummeted nearly 30% to 3.1794 in early trading on July 29, as of writing, even after the company reported a strategic move. Antelope Enterprise Holdings Limited conducts both a livestreaming e-commerce enterprise in China and provides consulting and services in business management and information systems. The company aims to be a Chinese-based digital commerce and solutions provider to enterprises. The sudden drop in the company's price came shortly after it announced that it executed a Securities Purchase Agreement with Streeterville Capital LLC at the discretion of Streeterville for financing up to $50 million that is designated for the sole purpose of purchasing Bitcoin in the next 24 market response indicates a growing level of investor skepticism and panic-selling behavior regarding their willingness to believe in corporate pivots to Bitcoin, particularly given the volatility in digital assets and increasing concerns about "execution risk." AEHL opened the day at $5.41, traded up briefly to a high of $6.53, then quickly reversed course and evaporated nearly a quarter of its market capitalization. The company's stock is nearly 98% down over the last 12 months. CEO Tingting Zhang referred to the decision as a "significant milestone" in AEHL's evolution into a digital business. "Bitcoin, as a scarce and decentralized asset with growing global consensus, will be a key component of our new capital structure," Zhang added and promised the company would disclose information about its purchase and custody as they progress. Shareholders panic-sell as stock drops 30% first appeared on TheStreet on Jul 29, 2025 This story was originally reported by TheStreet on Jul 29, 2025, where it first appeared.
Yahoo
30-07-2025
- Business
- Yahoo
Antelope Enterprise Holdings signs $50M agreement for bitcoin acquisition plan
Antelope Enterprise entered into a Securities Purchase Agreement with Streeterville Capital for a total financing amount of up to $50 million. The proceeds from this financing will be used exclusively to purchase Bitcoin, marking a major step forward in AEHL's entry into the cryptocurrency asset space. Under the terms of the Agreement, Streeterville Capital will provide capital to the Company in tranches over a period of up to 24 months, in an amount not to exceed $50 million. AEHL will use these funds to gradually acquire Bitcoin based on market conditions. The Agreement clearly specifies that the financing proceeds are solely designated for Bitcoin acquisition, highlighting AEHL's move from strategic planning to execution in the crypto asset sector. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on AEHL: Disclaimer & DisclosureReport an Issue Antelope Enterprise Holdings files $200M mixed securities shelf Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
USA Today
22-05-2025
- Business
- USA Today
Arrive AI Secures $40 Million Capital Infusion via Streeterville Capital
Funding will be used for production and company growth in the US and abroad Arrive AI (NASDAQ:ARAI), an autonomous delivery network anchored by patented AI-powered Arrive Points™, today announced that it has secured financial backing of up to $40 million from Streeterville Capital, LLC. Access to the capital coincided with Arrive AI's public debut on Nasdaq on May15, 2025. 'This significant capital injection is one of the reasons we went to the public markets,' said Arrive AI CEO Dan O'Toole. 'We celebrate the forward thinking Streeterville is leading with in their major commitment to our vision.' Streeterville Capital is an investment firm with operations in Utah and Tennessee with investments in companies including Cingulate, the Marygold Companies and Damon Inc. Streeterville Capital President John Fife said he is intrigued with the vast potential of Arrive AI's solution for package delivery issues like security and efficiency, and the cost savings that can be gleaned. 'This is an exciting answer to problems that are plaguing every industry. Dan and his crew really saw the future coming and worked quickly to meet needs that are starting to be seen around the world,' Fife said. 'We're excited to see how this plays out and are clearly bullish about Arrive AI.' In 2014, O'Toole filed for his first patent for his concept of an AI-powered, smart mailbox capable of securely accepting packages delivered autonomously, beating similar filings from other potential competitors. Since then, he has built a global team, made multiple iterations and acquired complementary technology to refine the devices now known as 'Arrive Points.' The company, which has amassed nearly 5,000 private investors and raised nearly $12 million, has largely generated capital via crowdsourcing. Now that Arrive AI is public a new chapter has begun. -30- About Arrive AI Arrive AI's patented Autonomous Last Mile (ALM) platform enables secure, efficient delivery to and from a smart, AI-powered mailbox, whether by drone, ground robot or human courier. The platform provides real-time tracking, smart logistics alerts and advanced chain of custody controls to support shippers, delivery services and autonomous networks. By combining artificial intelligence with autonomous technology, Arrive AI makes the exchange of goods between people, robots and drones frictionless and convenient. Its system integrates with smart home devices such as doorbells, lighting and security systems to streamline the entire last-mile delivery experience. Learn more at ( Media contact: Cheryl Reed, media@ Investor Relations Contact: Alliance Advisors IR, Cautionary Note Regarding Forward Looking Statements This news release and statements of Arrive AI's management in connection with this news release or related events contain or may contain 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the closing, and the anticipated benefits to the Company, of the private placement described herein) related to future events, which may impact our expected future business and financial performance, and often contain words such as 'expects', 'anticipates', 'intends', 'plans', 'believes', 'potential', 'will', 'should', 'could', 'would', 'optimistic' or 'may' and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors which may be beyond our control. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Potential investors should review Arrive AI's Registration Statement for more complete information, including the risk factors that may affect future results, which are available for review at Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law. SOURCE: Arrive AI Inc. View the original press release on ACCESS Newswire
Miami Herald
22-05-2025
- Business
- Miami Herald
Arrive AI Secures $40 Million Capital Infusion via Streeterville Capital
Funding will be used for production and company growth in the US and abroad INDIANAPOLIS, INDIANA / ACCESS Newswire / May 22, 2025 / Arrive AI (NASDAQ:ARAI), an autonomous delivery network anchored by patented AI-powered Arrive Points™, today announced that it has secured financial backing of up to $40 million from Streeterville Capital, LLC. Access to the capital coincided with Arrive AI's public debut on Nasdaq on May15, 2025. "This significant capital injection is one of the reasons we went to the public markets," said Arrive AI CEO Dan O'Toole. "We celebrate the forward thinking Streeterville is leading with in their major commitment to our vision." Streeterville Capital is an investment firm with operations in Utah and Tennessee with investments in companies including Cingulate, the Marygold Companies and Damon Inc. Streeterville Capital President John Fife said he is intrigued with the vast potential of Arrive AI's solution for package delivery issues like security and efficiency, and the cost savings that can be gleaned. "This is an exciting answer to problems that are plaguing every industry. Dan and his crew really saw the future coming and worked quickly to meet needs that are starting to be seen around the world," Fife said. "We're excited to see how this plays out and are clearly bullish about Arrive AI." In 2014, O'Toole filed for his first patent for his concept of an AI-powered, smart mailbox capable of securely accepting packages delivered autonomously, beating similar filings from other potential competitors. Since then, he has built a global team, made multiple iterations and acquired complementary technology to refine the devices now known as "Arrive Points." The company, which has amassed nearly 5,000 private investors and raised nearly $12 million, has largely generated capital via crowdsourcing. Now that Arrive AI is public a new chapter has begun. -30- About Arrive AI Arrive AI's patented Autonomous Last Mile (ALM) platform enables secure, efficient delivery to and from a smart, AI-powered mailbox, whether by drone, ground robot or human courier. The platform provides real-time tracking, smart logistics alerts and advanced chain of custody controls to support shippers, delivery services and autonomous networks. By combining artificial intelligence with autonomous technology, Arrive AI makes the exchange of goods between people, robots and drones frictionless and convenient. Its system integrates with smart home devices such as doorbells, lighting and security systems to streamline the entire last-mile delivery experience. Learn more at ( Media contact: Cheryl Reed, media@ Investor Relations Contact: Alliance Advisors IR, Cautionary Note Regarding Forward Looking Statements This news release and statements of Arrive AI's management in connection with this news release or related events contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the closing, and the anticipated benefits to the Company, of the private placement described herein) related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "plans", "believes", "potential", "will", "should", "could", "would", "optimistic" or "may" and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors which may be beyond our control. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Potential investors should review Arrive AI's Registration Statement for more complete information, including the risk factors that may affect future results, which are available for review at Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law. SOURCE: Arrive AI Inc.
