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  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.

The Notice of AGM and Form of Proxy for Annual General Meeting are available on the Company's SEC EDGAR filing page. The board of directors of SAI.TECH fully supports the proposals listed in the Notice of AGM and recommends that the shareholders vote in favor of the proposals set out in the Notice of AGM.

Holders of record of ordinary shares of the Company at the close of business on July 27, 2023, Eastern Standard Time are entitled to attend and vote at the AGM and any adjourned meeting thereof.

About SAI.TECH

SAI.TECH is a Nasdaq-listed (SAI) company headquartered in Singapore. SAI is dedicated to providing a zero-carbon energy system (HEATNUC) based on Small Modular Reactor, providing clean computing services based on liquid cooling and chip waste heat utilization technology (ULTIWIT), and providing cloud computing services based on blockchain and AI technology (BOLTBIT).

In May 2022, SAI became a publicly traded company under the new ticker symbol "SAI" on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation ("TradeUP").