SAITECH Global Corp

SAI.TECH Global Corp. is an energy saving digital assets mining operator. It engages in the hosting of bitcoin mining machines for its clients. The firm uses proprietary liquid cooling and heat exchange technology for digital asset mining machines that can reduce operating costs and environmental impact. It provides a full suite of specialized hosting services to digital asset mining customers. The company was founded on February 2, 2021 and is headquartered in Singapore.

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SAIHEAT Ltd. engages in the operation of cryptocurrency mining. It operates Bitcoin for its own account and provides full suite of services, purchase of mining machines, hosting service, and mining pool. The company was founded by Risheng Li on February 2, 2021, and is headquartered in Singapore.

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SINGAPORE, Sept. 10, 2024 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or the “Company”) (NASDAQ: SAI, SAITW), announces its rebranding to SAIHEAT following the approval of the proposal at its recent annual general meeting. As part of this rebranding, the Company has changed its legal name from SAI.TECH Global Corporation to SAIHEAT Limited, effective on August 13, 2024.

SAI.TECH Announces the Rebranding to SAIHEAT with Brand Upgrade

SINGAPORE, Aug. 30, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”) (NASDAQ: SAI, SAITW) announces its membership in the World Nuclear Association (WNA). As a member of WNA, SAI's CEO Arthur Lee, and the Company's Nuclear Energy Strategy Consultant François Morin, will present in World Nuclear Symposium 2024 this September.

SAI.TECH Joins World Nuclear Association as New Member and to Participate in World Nuclear Symposium 2024

SINGAPORE, Aug. 16, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”) (NASDAQ: SAI, SAITW), announces the signing of a Memorandum of Understanding (the "MoU") with Idaho Competitive Aquatics, LLC. (the "Idaho Competitive") regarding SAI US Inc.'s Idaho Central Aquatic Center Project. This initiative will establish the next SAINODE in Idaho, integrating SAI's Advanced Computing Center Ecosystem (ACCE) to enhance heating efficiency in aquatic center operations.

SAI.TECH Announces the Signing of an MOU with Idaho Central Aquatic Center Project for SAI US Idaho Node Project

SINGAPORE, Aug. 15, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“ SAI.TECH ” or “ SAI ” or the “ Company ”) (NASDAQ: SAI, SAITW) today announced that all of the shareholder proposals submitted for shareholder approval (the “Proposals”) as set forth in the notice of annual general meeting dated July 23, 2024 (the “Notice of AGM”) have been duly adopted at its annual general meeting of shareholders held virtually at www.virtualshareholdermeeting.com/SAI2024 on August 13, 2024, as adjourned from August 6, 2024 (the “AGM”).

SAI.TECH Announces Results of Annual General Meeting

SINGAPORE, Aug. 06, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“ SAI.TECH ” or “ SAI ” or the “ Company ”) (NASDAQ: SAI, SAITW), today announced that the Annual General Meeting (the “ AGM ”) of the Company convened on August 6, 2024 has been adjourned, due to lack of requisite quorum, to Tuesday, August 13, 2024 at 9:00 a.m. Eastern Standard Time at http://www.virtualshareholdermeeting.com/SAI2024 . The record date for the adjourned annual meeting continues to be July 19, 2024.

SAI.TECH Announces Adjournment of Annual General Meeting

SINGAPORE, July 23, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“ SAI.TECH ” or “ SAI ” or the “ Company ”) (NASDAQ: SAI, SAITW), today announced that it will hold an annual general meeting (the “ AGM ”) of shareholders (the “ Notice of AGM ”) virtually at http://www.virtualshareholdermeeting.com/SAI2024 on August 6, 2024 at 9:00 a.m. Eastern Standard Time, for the purposes of considering and, if thought fit, passing the proposals set forth in the Notice of AGM.

SAI.TECH to Hold Annual General Meeting on August 6, 2024

SINGAPORE, July 17, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”) (NASDAQ: SAI, SAITW), today announced that its board of directors has authorized a new share repurchase program under which the Company may repurchase up to US$1 million and up to 1 million shares of its ordinary shares until January 11, 2025. The Company plans to adopt and implement this share repurchase program in accordance with applicable rules and requirements under the Securities Exchange Act of 1934, as amended, and the Company's insider trading policies.

SAI.TECH Global Corporation Announces Share Repurchase Program

SINGAPORE, July 09, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”) (NASDAQ: SAI, SAITW) announces the signing of two Memorandums of Understanding (MoU) for HEATNUC products aimed at strengthening cooperation within the small modular reactor industry. These MoUs are set to enhance SAI.TECH's competitiveness in the Middle Eastern and international markets while increasing localization efforts in the region.

SAI.TECH Announces MOU Signings for HEATNUC Targeting Nuclear and SMR Markets in the Middle East

SINGAPORE, June 28, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”) (NASDAQ: SAI, SAITW), announces the signing of a Memorandum of Understanding (MoU) with Al-Farabi Kazakh National University (the "University") in the Republic of Kazakhstan. This collaboration aims to bolster educational and scientific research initiatives in the region.

SAI.TECH Announces the Signing of an MOU with Al-Farabi Kazakh National University to Advance Technological Education and AI Computing Power in Kazakhstan

SINGAPORE, June 18, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”) (NASDAQ: SAI, SAITW), announced its presence at the upcoming 2024 SelectUSA Investment Summit, taking place on June 23 in Maryland, the United States. The event serves as a pivotal platform for fostering business investment, connecting thousands of investors, companies, economic development organizations (EDOs), and industry experts.

SAI.TECH Announces Presence at the 2024 SelectUSA Investment Summit

SINGAPORE, June 17, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”) (NASDAQ: SAI, SAITW), announces that its sponsored Computing Heat Recycle Center Education Program has been honored by the Marietta local community and has been awarded grants from the Marietta Community Foundation for its spring cycle.

Computing Heat Recycle Technology Development Center Sponsored by SAI.TECH Receives Grant from Marietta Community Foundation

SINGAPORE, April 23, 2024 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”) (NASDAQ: SAI, SAITW), a sustainable distributed bitcoin mining operator and a clean-tech company that integrates the bitcoin mining, power, and heating industries, today reported its audited financial results for the fiscal year ended December 31, 2023, and filed with the Securities and Exchange Commission its Annual Report on Form 20-F for the fiscal year ended December 31, 2023.

SAI.TECH Reports Fiscal Year 2023 Annual Report on Form 20-F

SINGAPORE, Nov. 13, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”, NASDAQ: SAI, SAITW), today reported unaudited financial results for the six months ended June 30, 2023.

SAI.TECH Global Corporation Reports Unaudited Financial Results for the Six Months Ended June 30, 2023

SINGAPORE, Sept. 14, 2023 (GLOBE NEWSWIRE) -- This release is a full correction of the previous one with the Headline "SAI.TECH releases AI mobile liquid cooling computing center product A1, equipped with Gigabyte's A100/H100 immersion servers" issued on September 12, 2023 at 5:31 AM ET by SAI.TECH Global Corporation (NASDAQ: SAI, SAITW). The corrected release follows:

CORRECTION -- SAI.TECH Announces an Immersion Containerized Data Center Paired with GIGABYTE's HPC Immersion Servers

SINGAPORE, Sept. 12, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”, NASDAQ: SAI, SAITW) declared today that its business unit ULTIWIT had begun the research, development and production of a containerized data center (the “Product”) with immersive liquid cooling capabilities, in conjunction with Gigabyte's HPC immersion servers.

SAI.TECH releases AI mobile liquid cooling computing center product A1, equipped with Gigabyte's A100/H100 immersion servers

SINGAPORE, Aug. 11, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”, NASDAQ: SAI, SAITW) announced Wednesday that its 2nd “Bit Heat Day” ended with a grand finale with the presence and blessing of many friends and supporters at SAI NODE Marietta.

SAI.TECH Announces the successful conclusion of its “2nd Bit Heat Day” Event on August 9th at its U.S. R&D Center SAI NODE Marietta in Ohio

SINGAPORE, Aug. 07, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”, NASDAQ: SAI, SAITW) is proud to announce the return of its 2nd “Bit Heat Day,” which will take place on August 9, 2023, in Marietta, Ohio. The second Bit Heat Day will be held at the newly built SAI US R&D Center SAI NODE Marietta and the OCEC Computing Heat Recycle Technology Development Center (together, the “Centers”), which is successfully powered on today after months of development.

SAI.TECH Announces to host the upcoming “2nd Bit Heat Day” at its newly powered up U.S. R&D Center SAI NODE Marietta in Ohio

SINGAPORE, Aug. 04, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”, NASDAQ: SAI, SAITW), today announced that it will hold an annual general meeting (the " AGM ") of shareholders (the " Notice of AGM ") virtually at www.virtualshareholdermeeting.com/SAI2023 on September 6, 2023 at 9:00 a.m. Eastern Standard Time, for the purposes of considering and, if thought fit, passing the proposals set forth in the Notice of AGM.

SAI.TECH to Hold Annual General Meeting on September 6, 2023

SINGAPORE, July 17, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”, NASDAQ: SAI), announced today that its subsidiary, Atomic Evolution Limited (doing business as “HEATNUC”), has entered into a seed financing subscription agreement with JIUDE Capital, a venture capital investor with a post-investment valuation of US$50 million. The seed financing allows HEATNUC to accelerate its team building process, which aims to attract and secure key research and development personnel.

SAI.TECH Announces Seed Financing of HEATNUC, its SMR subsidiary

SINGAPORE, May 16, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" or "SAI" or the "Company", NASDAQ: SAI), a Sustainable Bitverse Operator, announced today that the Company's Chief Financial Officer (CFO) Ian Chow, and Director of Strategy and Investments Jack Xie, have been invited to present at the Bitcoin Mining Virtual Conference, presented by Maxim Group LLC and hosted by M-Vest, on Tuesday, May 16th, 2023, at 9:00 a.m. ET.

SAI.TECH to Participate in the Bitcoin Mining Virtual Conference Presented by Maxim Group LLC and hosted by M-Vest on Tuesday, May 16th at 9:00 A.M. ET

SINGAPORE, May 03, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" OR "SAI" or the "Company", NASDAQ: SAI), a Sustainable Bitverse Operator announced presence to introduce SAI.TECH (text to twitter link: https://twitter.com/SAI2TECH) and its recent SAI NODE OHIO 5MW project in Ohio at the 2023 SelectUSA Investment Summit on May 03 in Maryland, the United States.

UPDATE – SAI.TECH Announces Presence at the 2023 SelectUSA Investment Summit

SINGAPORE, May 02, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" OR "SAI" or the "Company", NASDAQ: SAI), a Sustainable Bitverse Operator announced co-host of a Ribbon Cut Event with Southeastern Ohio Port Authority for Computing Heat Technology Development Recycle Center at Marietta, Ohio, United States.

SAI.TECH Announces co-host of a Ribbon Cut Event with SE Ohio Port Authority for Computing Heat Recycle Center

SINGAPORE, May 02, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" OR "SAI" or the "Company", NASDAQ: SAI), a Sustainable Bitverse Operator announced presence to introduce SAI.TECH (text to twitter link: https://twitter.com/SAI2TECH) and its recent SAI NODE OHIO 5MW project in Ohio on 2023 SelectUSA Investment Summit on May 03 in Maryland, the United States.

SAI.TECH Announces Presence on SelectUSA Investment Summit

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