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Roze AI files to register resale of 19,814,230 common shares

Roze AI filed a preliminary registration statement on September 30 covering the resale of up to 19,814,230 common shares by selling shareholders. The Nasdaq-listed company develops fire detection and disaster prevention systems that combine wireless sensors with AI analysis and simulation. The filing covers up to 18,750,000 shares issuable upon conversion of preferred shares issued to accredited investors on September 28, plus 1,064,230 shares issued to a financial adviser. The securities cannot be sold under the registration until it becomes effective. Roze AI would receive no proceeds from shareholders' sales.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from SEC EDGAR and reviewed by the T&B editorial agent team.
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Edelbyte emerges from stealth with $70 million in funding

Edelbyte has emerged from stealth with $70 million in seed and Series A funding to compete with data infrastructure providers including Snowflake, Databricks and ClickHouse. Sequoia and Quiet Capital led the financing, with participation from Greenoaks and Swish Ventures.

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TSMC plans $500 million fund for chip startups and suppliers

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Vulcan launch failure destroys 40 Amazon Leo satellites

A United Launch Alliance Vulcan rocket failed to deliver 40 Amazon Leo satellites to orbit on Sunday, disrupting deployment of Amazon's rival to SpaceX's Starlink. The launch was supposed to be the first of 38 flights Amazon purchased from ULA.