Sagtec Global Ltd

Sagtec Global Ltd (SAGT) News & Events

$0.661

-0.005 (-0.78%)At close

SAGT News

SAGT Events

8/20 09:00

Sagtec Receives Nasdaq Compliance Notice

Sagtec confirmed that it received a Nasdaq notice stating that the company is not in compliance with Nasdaq's minimum bid price requirement. The notice advised that for a period of 30 consecutive business days, the closing bid price per share for the company's ordinary shares was below the $1.00 per share requirement for continued listing under Nasdaq Listing Rule 5550. This press release is issued pursuant to Nasdaq Listing Rule 5810, which requires prompt disclosure of receipt of a deficiency notification.

7/30 09:30

Sagtec Signs Data Center Management Agreement with Viryatec, Expected to Generate $10M Revenue

Sagtec announced its strategic expansion into AI infrastructure following the execution of a data center management agreement with Viryatec, a Hong Kong-based company specializing in information technology and artificial intelligence services and solutions. Viryatec has appointed Sagtec as its proposed data center management provider for its planned AI-ready data center development in South East Asia. Based on the current project scope, the company expects the appointment to create an opportunity to generate approximately $10M in revenue over an anticipated 36-month service period, subject to the execution of definitive agreements, project implementation, and the commencement of operations.

7/21 10:00

Sagtec Global Expands Partnership with Kinetic Seas

Sagtec Global Limited (SAGT) announced a significant expansion of its strategic partnership with Kinetic Seas Incorporated to launch an international Database-as-a-Service platform built on MaluDB, the open-source AI memory database developed and officially maintained by Kinetic Seas.

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