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FS INVESTORS ANNOUNCES UPDATE OF EARLY WARNING REPORT REGARDING LEDDARTECH HOLDINGS INC.

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/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES AND NOT FOR DISSEMINATION IN THE UNITED STATES/

MONTREAL, Aug. 20, 2024 /CNW/ – FS LT Holdings L.P. and FS LT Holdings II L.P. (collectively, “FS Investors”) announce that the early warning report filed by FS LT Holdings L.P. on January 3, 2024 with respect to its investment into LeddarTech Holdings Inc. (“LeddarTech”) is being updated to reflect FS Investors’ participation in a bridge financing offer (“Bridge Financing Offer”) dated August 16, 2024 by FS Investors and two other lenders, as initial bridge lenders, which provides, among other things and subject to certain conditions, that the bridge lenders agree to make available to LeddarTech secured bridge loans in the aggregate principal amount of US$9,000,000 for the purpose of providing LeddarTech with the cash necessary to complete one or more follow-on offerings after August 16, 2024 (collectively, the “Follow On Offering”). 

Pursuant to the Bridge Financing Offer, FS Investors granted LeddarTech a bridge to equity term loan (the “FS Bridge Loan”) in an aggregate amount of US$3,000,000, of which US$2,000,000 was advanced on August 19, 2024. The second advance of US$1,000,000 will be available on October 15, 2024 (or shortly thereafter) once LeddarTech satisfies the conditions precedent set forth in the Bridge Financing Offer.

The FS Bridge Loan is issued at an issue discount (the “FS Issue Discount”) such that an amount representing 1/3 of any outstanding principal amount under the FS Bridge Loan is payable concurrently with any outstanding principal amounts due under the FS Bridge Loan. Accordingly, if the entire amount of the FS Bridge Loan is disbursed, then the total amount due and payable by LeddarTech to FS Investors shall be US$4,000,000. The FS Bridge Loan matures on November 15, 2024, and will be due and payable earlier upon the occurrence of certain other events, such as a change in control.

The Bridge Financing Offer provides that following the closing of a Follow On Offering for aggregate gross proceeds of US$35,000,000 or more, FS Investors shall be required to convert the FS Bridge Loan into the securities it would have received had FS Investors invested 1.125 times the amount of all outstanding principal amounts under the FS Bridge Loan and all other amounts owed to FS Investors under the Bridge Financing Offer (including the FS Issue Discount).  At this time, it is not possible to calculate the number of Common Shares that could be issuable to FS Investors pursuant to such a forced conversion of the FS Bridge Loan.

In addition, and notwithstanding the terms of the existing secured convertible notes in the aggregate principal amount of US$9,200,000 that were issued to FS Investors in 2023 (the “Convertible Notes”), FS Investors converted US$1,500,000 of its holding of the Convertible Notes into Common Shares at a conversion price of US$2.00, representing 750,000 Common Shares, the whole in accordance with the Bridge Financing Offer. The remaining principal amount of Convertible Notes held by FS Investors, namely US$7,700,000, continue to be convertible at the original conversion price of US$10.00 per share.

Finally, before conversion or repayment in full of the FS Bridge Loan in accordance with the Bridge Financing Offer, FS Investors may elect, in its sole discretion, to convert the FS Bridge Loan in full into such number of Common Shares equal to the quotient of (i) the outstanding principal amount under the FS Bridge Loan and all other amounts owed to it under the Bridge Financing Offer (including the FS Issue Discount), divided by (ii) US$5.00, representing the right for FS Investors to acquire an additional 800,000 Common Shares during such period (assuming the disbursement of the entire amount of the FS Bridge Loan (US$3,000,000) plus the FS Issue Discount (US$1,000,000)).

Immediately prior to the entering into of the Bridge Financing Offer, FS Investors held (i) 5,212,325 Common Shares, (ii) 1,303,330 Common Shares issuable upon conversion of certain non-voting special shares of LeddarTech, and (iii) Convertible Notes in the aggregate principal amount of US$9,200,000 (convertible into 920,000 Common Shares), which represent 17.7% of the 29,453,672 Common Shares issued and outstanding as at August 16, 2024, and 17.23% of the 35,585,997 Common Shares issued and outstanding on a partially diluted basis taking into account only those securities held by FS Investors that are capable of being converted into Common Shares within the next 60 days.

As a result of the Bridge Financing Offer, and assuming the disbursement of the entire amount of the FS Bridge Loan (US$2,000,000 advanced on August 19, 2024 and US$1,000,000 to be advanced in accordance with the terms and conditions of the Bridge Financing Offer) plus the FS Issue Discount (US$1,000,000), FS Investors will hold (i) 5,212,325 Common Shares, (ii) 1,303,330 Common Shares issuable upon conversion of certain non-voting special shares of LeddarTech, (iii) Convertible Notes in the aggregate principal amount of US$7,700,000 convertible into 770,000 Common Shares, and (v) the FS Bridge Loan in the principal amount of US$4,000,000 (convertible into 800,000 Common Shares), which represent 17.7% of the 29,453,672 Common Shares issued and outstanding as at August 16, 2024, and 18.72% of the 36,235,997 Common Shares issued and outstanding on a partially diluted basis taking into account only those securities held by FS Investors that are capable of being converted into Common Shares.

FS Investors will file an early warning report relating to the foregoing on SEDAR+ at www.sedarplus.ca under LeddarTech’s profile.

SOURCE FS Investors

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eSign.AI Named Sole Electronic Signature Technology Provider for Hong Kong Government’s CorpID Project, Building the Foundation for Digital Signing Infrastructure in Hong Kong

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May 8, 2026

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HONG KONG, May 8, 2026 /PRNewswire/ — As Hong Kong’s Digital Corporate Identity Platform (CorpID) counts down to its phased launch, eSign.AI has been appointed as the sole electronic signature vendor in the project, responsible for delivering core digital signing capabilities including digital signatures, certificate management, and signature verification services. CorpID is led by Nexify, a seasoned government systems integrator, as the prime contractor. The platform is expected to launch in phases starting late 2026, with multiple CorpID-based e-government services going live in mid-2027.

CorpID: Government-Grade Digital Identity Infrastructure for Hong Kong Enterprises

The Digital Corporate Identity Platform (CorpID) is an enterprise-level digital services platform launched by the Hong Kong SAR Government, developed under the oversight of the Digital Policy Office (DPO). It is designed to serve as the business equivalent of “iAM Smart,” providing a unified digital identity foundation for Hong Kong enterprises. CorpID’s core mission is to build an integrated digital government infrastructure — offering unified identity authentication, digital signing, form pre-filling, and e-licence storage — replacing paper-heavy, cumbersome traditional processes and enabling smart city development through seamless data connectivity.

The platform is open to companies incorporated under the Companies Ordinance (Cap. 622) and businesses registered under the Business Registration Ordinance (Cap. 310), including sole proprietorships and partnerships. The DPO requires all enterprise-related e-government services to support CorpID within 18 months of launch, and will continue expanding ecosystem coverage through sandbox initiatives, cross-industry identity standard interoperability, and fully online registration processes.

eSign.AI: The Digital Signing Engine Behind CorpID

eSign.AI is an AI-native electronic signature and contract automation platform built for enterprises worldwide, offering a complete signing framework from simple electronic signatures to the highest-level compliant digital signatures — meeting diverse regulatory requirements across industries and jurisdictions.

On the identity verification front, eSign.AI has completed integration with iAM Smart, enabling individual identity verification through Hong Kong’s citizen digital identity system, and providing legally valid digital certificate services for both enterprises and individuals.

Looking ahead, the eSign.AI SaaS platform will be deeply integrated with CorpID, providing enterprise and individual identity verification for Hong Kong businesses, and supporting both electronic and digital signing that complies with Hong Kong’s Electronic Transactions Ordinance — connecting the full digital contracting lifecycle for government and enterprise alike.

Getting Ahead of the AI Era: From eSignGlobal to eSign.AI

The electronic signature industry is undergoing a structural shift from “tooling” to “intelligence.” Market data underscores this acceleration: the AI-powered contract analysis tools market has grown from USD 3.32 billion in 2025 to USD 4.3 billion in 2026, at a CAGR of 29.6%. Signing is just one node in the contract lifecycle — document generation, workflow orchestration, compliance tracking, and post-execution management are all being transformed by AI, and the industry window is closing fast.

In April 2026, the company officially rebranded from eSignGlobal to eSign.AI, completing its strategic transformation from an e-signature tool provider to an AI-native contract automation platform. As the company’s spokesperson noted, this rebrand is not cosmetic — it is an acknowledgment of where the product actually is. Customers were already using eSign.AI to automate workflows that go far beyond the signature itself.

eSign Automation Skill was launched alongside the rebrand — an AI-powered signing automation framework for enterprise workflows that enables complete contract signing through natural language interaction, with no manual intervention required. Whether it is single-party approval, multi-party sequential signing, or large-scale parallel execution, an AI Agent can orchestrate the entire workflow in a single call. All signature initiations and status queries return structured JSON outputs, directly parseable by leading large language models and intelligent workflow systems.

eSign Automation is now available in the OpenClaw ecosystem and supports integration via Claude MCP, ChatGPT, and other leading AI platforms.

By combining AI automation capabilities with CorpID’s government-grade digital identity infrastructure, eSign.AI delivers a complete solution for Hong Kong enterprises — from identity verification to intelligent signing to full workflow automation.

About eSign.AI

eSign.AI (formerly eSignGlobal) is an AI-native electronic signature and contract automation platform built for enterprises worldwide. The platform serves over 100 countries and regions, covering core industries including financial services, manufacturing, real estate, human resources, and healthcare — with 1,500+ scenario applications and 3,000+ ecosystem partners. eSign.AI holds ISO 27001, ISO 27701, and ISO 27018 certifications and supports major regulatory frameworks including the U.S. ESIGN Act / UETA, EU eIDAS, HIPAA, GDPR, and 21 CFR Part 11. Infrastructure is anchored by independent data centers in Hong Kong, Singapore, and Frankfurt, Germany.

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SOURCE eSignGlobal

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The 9th AskGamblers Awards Finalists Announced as Voting Starts

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May 8, 2026

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The highly anticipated 9th AskGamblers Awards has officially moved into the voting phase. Following a rigorous selection process, the finalists across 5 premier categories have been revealed: Best Casino, Best New Casino, Best New Slot, Best Sportsbook, Best Provider. Players are invited to cast their votes until 11 June.

BELGRADE, Serbia, May 8, 2026 /PRNewswire/ — The voting stage of the 9th annual AskGamblers Awards has officially begun. The list of finalists is announced, and the first votes are already coming in. 

Players will have a chance to vote for their favourites until 11 June, when the winners will be announced at the gala ceremony in Belgrade. There’s a total of 5 categories where popular votes are taken into consideration:

Best CasinoBest New CasinoBest SportsbookBest New SlotBest Game Provider

There aren’t any big changes to the voting process compared to last year. The votes from the prominent members of AskGamblers Forum will be counted in as well, while some award winners will be announced directly by the AskGamblers teams. 

These include: Best Crypto Casino, Best Partner, and Best Manager categories, while the AskGamblers Superstar Award is expected to be handed to the operator that illustrates the brand values best.

Dijana Radunović, General Manager at AskGamblers, is excited for voting to start: “We’re seeing some familiar contestants, but there are a lot of new names, so it will be exciting to see who comes up on top.”

“We invite players to vote for their favourites! This is a chance for you to speak your mind and support operators and games that shape this industry,” Radunović added.

Before the AskGamblers Awards Ceremony that takes place on 11 June, Charity Night is scheduled for 10 June.

About AskGamblers

AskGamblers.com strives to provide current, objective, and accurate information and guide its users towards a safe gaming experience. The way we deliver our services, from the online casino, sportsbook, slot, and bonus reviews to our trusted Complaint Service, is best described by our motto: ‘Get the truth. Then play.’

For more information about AskGamblers and AskGamblers Awards, please contact dijana.radunovic@g2m.com.

This information was brought to you by Cision http://news.cision.com

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SUNMI Wins 2026 Red Dot Design Awards with Five Products, Leading Global Commercial Industrial Design

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May 8, 2026

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SINGAPORE, May 8, 2026 /PRNewswire/ — The winners of the 2026 German Red Dot Design Award were officially announced. Five of SUNMI Technology’s flagship products won awards: the CPad Business Tablet, CPad PAY, FLEX 3 Interactive Display, the V3 handheld POS Terminal and L3 Industrial PDA. These products stood out with three core design concepts: integration, versatility and human-centricity.

Known as “The Oscars” of global industrial design, the Red Dot Award has strict evaluation criteria covering aesthetics, ergonomics, scenario adaptability and sustainability. SUNMI adheres to original commercial scenario customization, rejecting crudely modified consumer devices. All winning products are originally developed for real commercial scenarios such as cash register, food delivery, industrial inspection and store operations, covering the entire commercial track with high scenario adaptability. Meanwhile, it practices ESG concepts, adopting eco-friendly materials and modular structures to extend equipment service life, reduce consumable consumption, and implement low-carbon and long-term design, which perfectly meets the Red Dot’s sustainability evaluation criteria.

Simplify Complexity: With highly integrated design, SUNMI eliminates the “patchwork feeling” of cluttered devices and tangled cables in traditional commercial scenarios, streamlining store operations and saving space.All-in-One Versatility: Beyond a single tool function, SUNMI’s products achieve flexible transformation through modular and multi-form designs to proactively adapt to changing business needs. The CPad series with modular accessories and FLEX 3’s Lego-style modular design enable multi-scenario application and long-term reuse.Human-Centric Design: Every detail is human-oriented, focusing on real pain points to enhance scenario experience. The L3 Industrial PDA reduces high-frequency work fatigue through scientific weight distribution; the V3 Smart POS Terminal balances large-screen visibility and grip comfort; CPad PAY integrates full-link functions to simplify workflows.

These honors stem from SUNMI’s long-term commitment to a sustainable society, original commercial R&D and ESG. In the future, SUNMI will uphold its core concepts, expand the boundaries of commercial industrial design, and empower global businesses with user-oriented, eco-friendly and high-value products.

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View original content:https://www.prnewswire.co.uk/news-releases/sunmi-wins-2026-red-dot-design-awards-with-five-products-leading-global-commercial-industrial-design-302766777.html

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