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NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Xiao-I Corporation (NASDAQ: AIXI). Shareholders who purchased shares of AIXI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/xiao-i-corporation-loss-submission-form/?id=113433&from=3 CLASS PERIOD: March 9, 2023 to July 12, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) defendants had downplayed the true scope and severity of risks that Xiao-I faced due to certain of its Chinese shareholders’ non-compliance with foreign investment enterprises established by way of round-tripping, including the Company’s inability to use offering proceeds for intended business purposes; (ii) Xiao-I had failed to comply with Generally Accepted Accounting Principles in preparing its financial statements; (iii) defendants had overstated Xiao-I’s efforts to remediate material weaknesses in the Company’s financial controls; (iv) Xiao-I was forced to incur significant R&D expenses to effectively compete in the AI industry; (v) Xiao-I had downplayed the significant negative impact that such expenses would have on the Company’s business and financial results; (vi) accordingly, Xiao-I overstated its AI capabilities, R&D resources, and overall ability to compete in the AI market; (vii) as a result of all the foregoing, there was a substantial likelihood that Xiao-I would fail to comply with the NASDAQ’s Minimum Bid Price Requirement; and (viii) as a result, the offering documents and defendants’ public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein. DEADLINE: December 16, 2024 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/xiao-i-corporation-loss-submission-form/?id=113433&from=3 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AIXI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is December 16, 2024. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: The Gross Law Firm 15 West 38th Street, 12th floor New York, NY, 10018 Email: dg@securitiesclasslaw.com Phone: (646) 453-8903IS VINYL ON THE DECLINE? Why ‘unrealistic’ pricing is slowing down salesnice profile picture 。

TribLIVE's Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox. LONDON — Olivia Hussey, the actor who starred as a teenage Juliet in the 1968 film "Romeo and Juliet," has died, her family said on social media Saturday. She was 73. Hussey died on Friday, "peacefully at home surrounded by her loved ones," a statement posted to her Instagram account said. Hussey was 15 when director Franco Zeffirelli cast her in his adaptation of the William Shakespeare tragedy after spotting her onstage in the play "The Prime of Miss Jean Brodie," which also starred Vanessa Redgrave. "Romeo and Juliet" won two Oscars and Hussey won a Golden Globe for best new... Associated Press

Talented Mr PalekarTHE Commission on Higher Education (CHEd) emphasized the importance of fostering innovation and collaboration in higher education to enhance the global competitiveness of Filipino students and institutions. CHEd Commissioner Shirley Agrupis urged universities to form partnerships with local and international institutions to drive scientific advancements. “In advancing education, partnerships and innovation are more crucial than ever to make higher education accessible, relevant, and future-focused,” she said in her keynote message at the recent Rizal Technological University’s (RTU) Innovation Day. Agrupis highlighted the role of institutions like the Department of Science and Technology in strengthening agriculture, climate resilience, health sciences, and digital transformation programs. Pointing out CHEd’s initiatives, she mentioned the Transnational Higher Education Law and the Policy Framework for Internationalization, which streamline international collaborations. “Through our innovative partnerships, including 81 government-to-government agreements across Canada, the United States, Europe, and the Asia Pacific, we provide opportunities for joint research, joint curriculum development and exchanges that benefit thousands of students,” the CHEd official said. Higher education institutions were told to maximize the benefits of such programs. “I encourage the university to really take advantage of this [collaboration] without limiting the implementation of every framework and guidelines of CHEd,” she urged. At the RTU event, DOST Undersecretary Leah Buendia discussed challenges and successes in developing the local startup ecosystem. Meanwhile, University of the Philippines Diliman Professor Ian Kendrich Fontanilla presented research on using eDNA detection for ecological monitoring, in collaboration with RTU. DOST National Capital Region regional director Romelen Tresvalles highlighted DOST-supported RTU innovations, including additive manufacturing programs, research fairs, scientific events, and new projects.

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