TuSimple Holdings Inc - Ordinary Shares - Class A Stock News

SAN DIEGO--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP and Kahn Swick & Foti, LLC regarding the TuSimple Securities Settlement: UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA AUSTIN DICKER, Individually and on Behalf of All Others Similarly Situated,                                              Plaintiff,                   vs.   TUS...

TuSimple, once a buzzy startup considered a leader in self-driving trucks, is trying to move its assets to China to fund a new AI-generated animation and video game business. The pivot has not only puzzled and enraged several shareholders, but also threatens to pull the company back into a legal morass mere weeks after reaching a preliminary settlement in a class action lawsuit.

TuSimple has signed a partnership with Shanghai Three Body Animation to develop the first animated feature film and video game based on the Hugo Award-winning science fiction novel series "The Three-Body Problem." Leveraging its existing capabilities, TuSimple's newly created business segment will focus on generative AI applications in animation and video games.

NEW YORK--(BUSINESS WIRE)--Camac Partners, LLC (together with its affiliates, “Camac”), a 5.6% shareholder of TuSimple Holdings Inc. (OTCMKTS: TSPH) (“TuSimple” or the “Company”), today released a letter it recently sent to the Company's Board of Directors (the “Board”). *** May 30, 2024 TuSimple Holdings Inc. Attn: The Board of Directors Dear TuSimple Board of Directors, We are a major indepen...

SAN DIEGO , May 29, 2024 /PRNewswire/ -- TuSimple Holdings Inc. (OTCMKTS: TSPH) ("TuSimple" or the "Company"), a global autonomous driving technology company, today announced it has reached a settlement agreement with the Committee on Foreign Investment in the United States ("CFIUS") relating to events that occurred in 2022. These events include the temporary vacancies in the security director ...