Berkshire Grey, Inc. (BGRY)

BEDFORD, Ma., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Berkshire Grey Inc., a well-established leader in AI-enabled robotic solutions that automate supply chain processes, announces the signing of a global partnership agreement with Kardex AS Solutions. Kardex is a global industry provider of intralogistics solutions and automated storage solutions and is the fastest growing AutoStore provider. This partnership will establish Berkshire Grey as a key provider of AI-enabled robotic picking for customers utilizing AutoStore empowered by Kardex.

Berkshire Grey, Inc., a leader in AI-enabled robotic solutions that automate supply chain processes, is excited to announce the latest and 4th generation o

Global integrated logistics company chooses Berkshire Grey's Robotic Shuttle Put Wall (BG RSPW) systems for maximum SKU coverage across customer use cases Global integrated logistics company chooses Berkshire Grey's Robotic Shuttle Put Wall (BG RSPW) systems for maximum SKU coverage across customer use cases

AI adoption has skyrocketed in 2023. Generative AI applications like ChatGPT gained serious attention in early 2023, sparking a trend.

It almost goes without saying that investors looking for the best AI stocks to buy now should purchase shares of Microsoft (NASDAQ: MSFT ) and Nvidia (NASDAQ: NVDA ). These technological giants are going to play a huge role in the future of artificial intelligence.

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Revolution Acceleration Acquisition Corp (“RAAC”) (NASDAQ: RAAC); n/k/a Berkshire Grey, Inc. (“Berkshire Grey”) (NASDAQ: BGRY) breached their fiduciary duties to RAAC’s shareholders. If you were a RAAC shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or jpettigrew@scott-scott.com. Scott+Scott is investigating whether RAAC’s board of directors or executive officers breached their duties or acted in bad faith in connection with RAAC’s July 2021 merger with Berkshire Grey. On July 20, 2021, RAAC shareholders of record, as of June 17, 2021, approved a merger between RAAC and Berkshire Grey. Prior to the shareholder vote, RAAC advised its stockholders that Berkshire Grey had a “$1.7 billion pipeline,” was “asset light with significant potential and re-occurring revenue streams,” and was “fully funded to cash flow profitability in 2024.” The transaction valued Berkshire Grey at $2.7 billion. Less than two years later, in March 2023, Berkshire Grey announced that SoftBank Group Corp. (“SoftBank”) would be acquiring the shares of Berkshire Grey that it does not already own for a price of $1.40 per share—suggesting a valuation of only $375 million. In addition to this steep decline in valuation, the merger proxy statement for this new transaction suggests that Berkshire Grey was significantly underfunded and incapable of achieving the overstated projections that RAAC stockholders received in advance of the 2021 RAAC-Berkshire Grey merger. Indeed, the new Berkshire Grey projections are vastly different from those in the RAAC-Berkshire Grey merger proxy statement, with revenues and cash flows being heavily cut both near-term and long-term. What You Can Do If you were a RAAC shareholder, you may have legal claims against RAAC’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982, or jpettigrew@scott-scott.com. About Scott+Scott Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio. Attorney Advertising

NEW YORK, April 14, 2023 /PRNewswire/ — If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.Weiss Law305 Broadway, 7th FloorNew York, NY 10007(212) 682-3025(888) 593-4771stockinfo@weisslawllp.com Berkshire Grey, Inc. (NASDAQ: BGRY) […]...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Berkshire Grey, Inc. (NasdaqGS: BGRY) to SoftBank Group Corp. Under the terms of the proposed transaction, shareholders of Berkshire will receive $1.40 in cash for each share of Berkshire that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-bgry/ to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Berkshire Grey, Inc. (“Berkshire Grey” or “the Company”) (NASDAQ: BGRY) for potential breaches of fiduciary duty on the part of its directors and management in connection with the Company’s agreement to be acquired by SoftBank Group Corp. and its affiliate (“SoftBank”). The investigation focuses on determining if the Berkshire Grey Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether SoftBank is underpaying for the Company. If you are a shareholder, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

NEW YORK, March 27, 2023 /PRNewswire/ — Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Berkshire Grey, Inc. (“Berkshire Grey” or the “Company”) (NASDAQ: BGRY), in connection with its proposed acquisition by SoftBank Group Corp. (“SoftBank”). Under the merger agreement, the Company’s shareholders will receive […]...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Berkshire Grey, Inc. (NASDAQ: BGRY) to SoftBank Group Corp. and its affiliate for $1.40 per share is fair to Berkshire shareholders. Halper Sadeh encourages Berkshire shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Berkshire and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Berkshire shareholders; (2) determine whether SoftBank is underpaying for Berkshire; and (3) disclose all material information necessary for Berkshire shareholders to adequately assess and value the merger consideration. On behalf of Berkshire shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. Halper Sadeh encourages Berkshire shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

BEDFORD, Mass., March 24, 2023 (GLOBE NEWSWIRE) — Berkshire Grey, Inc. (Nasdaq: BGRY), (“Berkshire Grey” or the “Company”) today announced that the Company has entered into a definitive merger agreement with SoftBank Group Corp. and its affiliate (together, “SoftBank”). Under the agreement, SoftBank will acquire all of the outstanding capital stock of the Company not […]...

The company might get kicked off the Nasdaq if all goes wrong.

Berkshire Grey, Inc. (NASDAQ:BGRY ) Q3 2022 Earnings Conference Call November 14, 2022 10:00 AM ET Company Participants David Calusdian - Investor Relations, Sharon Merrill Associate, Inc. Tom Wagner - Chief Executive Officer Mark Fidler - Chief Financial Officer Conference Call Participants David Ridley-Lane - Bank of America Merrill Lynch Greg Palm - Craig-Hallum Capital Group LLC Operator Good day, and thank you for standing by. Welcome to the Berkshire Grey's Third Quarter 2022 Earnings Conference Call.

Berkshire Grey, Inc. (BGRY) delivered earnings and revenue surprises of 21.43% and 6.99%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

BEDFORD, Mass., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, today announced the Company will report third-quarter financial results before the market opens on November 14, 2022. The Company will host a conference call and accompanying webcast beginning at 10:00 a.m. ET to discuss its financial results for the quarter and to provide a business update.