Worthington Steel Stock Price, News & Analysis

Kaleyra, Inc. (NYSE: KLR, WS) has appointed Mauro Carobene as the new Chief Business Officer, effective immediately. Carobene will spearhead the global expansion of Kaleyra's initiatives across various sectors, including banking, technology, and healthcare. He brings over two decades of experience in multinational companies, having previously served as Chief Revenue Officer at DigitalRoute. Kaleyra aims to leverage his leadership skills to enhance its presence and meet partner needs.

Kaleyra (NYSE: KLR) supports Banca Widiba in launching a new video communication tool called Dialogue. This platform enhances customer interaction, merging remote and traditional banking by allowing direct video calls. It aims to fulfill evolving customer needs post-pandemic, ensuring high service quality. This strategic move is part of Banca Widiba's digital transformation, designed to improve customer experiences and interactions. Kaleyra's technology enables seamless communication across multiple channels for financial institutions worldwide.

Cerberus Telecom Acquisition Corp. (CTAC) has amended its merger agreement with KORE Wireless Group to enhance liquidity for the post-closing public company. Key highlights include $65 million in additional liquidity from preferred stockholders and a new $25 million convertible debt commitment from Fortress, totaling approximately $100 million available to KORE. The Special Meeting for CTAC shareholders is rescheduled for September 29, 2021, with the business combination expected to close around September 30, 2021.

Vicarious Surgical Inc. (NYSE: RBOT) celebrated its public listing by ringing the closing bell at the New York Stock Exchange on September 21, 2021. The company's merger with D8 Holdings Corp. was completed on September 17, 2021, and trading began on September 20, 2021. Vicarious Surgical aims to enhance surgical procedures' efficiency and patient outcomes using advanced robotics and virtual reality technology. The firm's innovative surgical approach has received FDA Breakthrough Device Designation, marking a significant milestone in minimally invasive surgical robotics.

Rotor Acquisition Corp. announced shareholders approved its business combination with Sarcos Robotics, a leader in robotic systems for enhancing human productivity. The transaction is expected to close on September 24, 2021, with the combined company trading on Nasdaq under the ticker STRC from September 27, 2021. Proceeds will support the scale production of Sarcos' Guardian XO and XT robotic systems to address the global skilled labor shortage, enhancing safety and productivity across industries.

Rotor Acquisition Corp. (NYSE: ROT) urges stockholders to vote "FOR" its proposed business combination with Sarcos Corp. at a special meeting scheduled for September 15, 2021. Following the merger, the company will be renamed to Sarcos Technology and Robotics Corporation and will transfer its listing from the NYSE to Nasdaq under the ticker symbols STRC and STRCW, expected to commence trading around September 27, 2021. Stockholders are encouraged to participate and vote promptly.

Kaleyra, Inc. (NYSE:KLR, NYSE American:KLR WS) has been invited to present at the 10th Annual Gateway Conference on September 9, 2021. Management will present at 7:30 a.m. Pacific time and participate in one-on-one meetings. The presentation will be available for live webcast. Kaleyra provides cloud communications solutions with over 3,800 customers worldwide, supporting multi-channel communications through robust APIs across 190+ countries.

Sarcos Defense announced several U.S. government agencies have ordered the Guardian HLS Heavy-Lift System, a battery-powered pneumatic system designed for rapid recovery and rescue operations. This innovative system can lift objects up to 45,000 pounds in under a minute and is operated by a single person, providing significant improvements in speed, weight, and stability over existing solutions. These contracts underscore the technology's validation and Sarcos' strong relationships in the defense sector, further enhancing its market position.