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SAIHEAT Ltd
SAIHEAT has finalized a reverse merger with Canopy Wave and a concurrent $4.5 million PIPE investment. Upon completion, the company will be renamed 'Canopy Wave Holdings Inc.', with Canopy Wave serving as the accounting acquirer and replacing the existing board and management team.…more
SAIHEAT Ltd
SAIHEAT Limited has registered an additional 367,619 Class A ordinary shares to be issued under its 2021 and 2023 Equity Incentive Plans. This registration is pursuant to the automatic annual increase provisions contained within these plans for employee stock-based compensation.…more
SAIHEAT Ltd
SAIHEAT Limited approved all proposals at its extraordinary general meeting on August 26, 2026, including a merger agreement and a name change to 'Canopy Wave Holdings Inc.' The company will restructure its capital by converting outstanding Class B ordinary shares into Class A ordinary shares and has authorized the issuance of shares related to the merger and the resulting change of control.…more
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