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WATCH: Amazon worker accused of forcing his way into woman’s house
CHARLOTTE, N.C. (WSOC) - An Amazon worker arrested after allegedly pushing his way into a woman’s home and locking the door behind him no longer delivers for the company, according to a statement.
A delivery person in an Amazon vest can be seen on video Monday walking up to a woman’s house in Charlotte, North Carolina, and ringing the doorbell. The man was later identified as 26-year-old Isaiah McCall, and Amazon confirmed he worked delivering packages for the company.
But in this case, McCall wasn’t carrying a package. When the homeowner answered the door, he asked if she had a package she wasn’t supposed to get. She said no and closed the door.
Video then shows McCall go around the side and peer back around toward the house. He came back to the door a few minutes later and asked again about a package.
The woman says McCall then pushed his way inside her home and locked the door. She panicked, but she wasn’t alone. Her dog, Conway, came to the rescue. She told Conway to sic McCall, and the dog lunged for him.
Obviously scared, the suspect fumbled and unlocked the door. The woman pushed him back out of her house and locked the door behind him.
Melvin McCoy lives next door. He didn’t hear any commotion but claims he saw McCall walking the neighborhood and following the victim.
“Why would you be so bold to do it in daylight?” McCoy said. “She walks her dog every day around the same time... and here he come, back behind her. So, basically, he targeted her, but he targeted the wrong one, though.”
Police say McCall led them on a chase that ended in Huntersville. He was found in the same clothes as seen in video from the victim, but he was longer wearing the Amazon vest. The victim says police took her to the scene to identify the suspect.
Authorities charged McCall with breaking and/or entering, eluding arrest and resisting an officer.
Amazon said in a statement that he no longer delivers for the company.
“The safety and security of our customers is our top priority, and we’re thankful the customer is safe. This incident does not represent the high standards we have for drivers who deliver our packages,” read the statement in part.
Copyright 2022 WSOC via CNN Newsource. All rights reserved.
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| 2022-04-06T09:16:38
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JACKSON, Miss., April 6, 2022 /PRNewswire/ -- With tax-filing season a prime time for identity theft scammers to prey on unsuspecting consumers, AARP Mississippi and AARP Fraud Watch Network are offering a series of events to help Mississippians protect themselves and their families.
Telephone Town Hall – April 6
AARP Mississippi will present a telephone town hall, Avoiding Government Impostor Scams, at 6 p.m. on Wednesday, April 6. Scammers posing as IRS agents or Treasury Department officials call and try to convince taxpayers that they owe back taxes.
The telephone town hall will feature Amy Nofziger, Director of Fraud Victim Support for AARP Fraud Watch Network and Christine Footit, Brand Chief for Tax Outreach, Partnership and Education at the Internal Revenue Service. Listeners will be able to ask questions. To receive a call to join this telephone town hall, register at access.live/AARP-MS.
Shred Events
Reserve your spot for a free drive-through contactless shredding event sponsored by AARP Mississippi and AARP Fraud Watch Network. The shred events will be held in Holly Springs and Jackson.
In Jackson, the shred event will be held on April 20 at the Jackson Revival Center Church – Downtown, 4655 Terry Road. To register, visit www.aarp.org/ms.
In Holly Springs, the shred event will be held on April 27 at Holly Springs Main Street Chamber, 148 East College Ave. To register, visit www.aarp.org/ms.
These events are designed to help the 50-plus and their families protect themselves from fraud and scams. For more information, visit www.aarp.org/ms.
AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence and nearly 38 million members, AARP strengthens communities and advocates for what matters most to families: health security, financial stability and personal fulfillment. AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org, www.aarp.org/espanol or follow @AARP, @AARPenEspanol and @AARPadvocates, @AliadosAdelante on social media.
Contact: Ronda Gooden
601-898-5417, RGooden@aarp.org
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| 2022-04-06T09:19:17
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ZURICH, April 6, 2022 /PRNewswire/ -- Amcor (NYSE: AMCR) (ASX: AMC), a global leader in developing and producing responsible packaging solutions, today announced the launch of Amcor Lift-Off, an open-call initiative aimed at supporting seed stage start-ups that are focused on innovative packaging solutions and related technologies. Amcor Lift-Off offers these start-ups a chance to secure an investment of US$250,000, as well as operational guidance, to take their ideas to the next level.
Amcor is looking to partner with innovative leaders that are working to create more sustainable packaging solutions, new packaging technologies or have developed a new business model. Applicants must be innovating in at least one of six strategic areas to apply: recycling systems, alternative barriers, paper-based solutions, smart and connected packaging, biomaterials, or new industry business models. Incorporated companies from around the world can apply for free, regardless of whether they have raised funds before.
The Amcor Lift-Off program will proceed in three phases:
- Applications will be open online until May 15, 2022*
- Applicants will then be screened and shortlisted, with up to 20 start-ups invited for a first call to pitch their ideas
- Five final start-ups will be invited to pitch on a first Lift-Off day toward the end of June before a team of senior Amcor leaders.
Based on the ideas pitched, each of the five finalists could receive US$250,000 in the form of a convertible loan as well as Amcor support and resources to refine their products, build partnerships and scale across geographies. Companies interested are invited to apply here:
Frank Lehmann, Vice President Corporate Venturing and Open Innovation at Amcor, commented: "As the global diversified packaging leader, Amcor is a firm believer in investing and developing early stage, cutting-edge innovation around sustainability and digitization for the packaging industry. We look forward to establishing an ecosystem of start-ups to complement and amplify Amcor's growth agenda and to further raise the bar and expectations on what can be achieved through innovative and more sustainable packaging. Amcor Lift-Off is just another example of how for 160 years Amcor has originated and supported industry-wide innovation – wherever and whenever it may originate.
"Our customers, and their consumers, want packaging solutions to evolve in line with societal expectations around sustainability, transparency and traceability – these solutions are the next generation of packaging and Amcor is bringing them to the forefront."
Amcor's corporate venturing work is focused on investing in innovative businesses and more sustainable packaging solutions to drive long-term growth. Earlier this year, Amcor announced a strategic investment in PragmatIC Semiconductor, a world leader in ultra, low-cost electronics which can be embedded into packaging. This followed an earlier investment in ePac Flexible Packaging in 2021.
*Applications received after May 15, 2022, will be considered for a second Amcor Lift-Off event in November 2022.
About Amcor
Amcor is a global leader in developing and producing responsible packaging for food, beverage, pharmaceutical, medical, home and personal-care, and other products. Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve supply chains through a range of flexible and rigid packaging, specialty cartons, closures and services. The Company is focused on making packaging that is increasingly light-weighted, recyclable and reusable, and made using an increasing amount of recycled content. Around 46,000 Amcor people generate $13 billion in annual sales from operations that span about 225 locations in 40-plus countries.
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| 2022-04-06T09:19:24
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VANCOUVER, BC and HOBRO, Denmark, April 6, 2022 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced it has received Europe's industry first Type Approval by DNV, one of the world's leading classification and certification bodies, for its marine fuel cell module FCwave™.
The Type Approval marks an important step in commercializing Ballard's fuel cell technology for marine applications and is key to including fuel cells as part of zero-emission solutions for the marine industry. The Type Approval process is extensive, involving a series of simulations and tests which were carried out at Ballard's global Marine Center of Excellence in Hobro, Denmark, where the FCwave™ is developed and manufactured.
"The new classification of FCwave™ has removed a significant roadblock in helping the marine industry deploy zero-emission technologies and meet global emission reduction targets," says Søren Østergaard Hansen, General Manager, Marine, Ballard Power Systems Europe A/S. "The Type Approval from DNV is highly important in building market confidence in hydrogen fuel cells and validates that FCwave™ is designed, tested and prepared for installation. The Type Approved FCwave™ module enables us to deliver the first deployment-ready fuel cell solution, capable of helping the marine sector take the next steps in implementing zero-emission operations."
The International Maritime Organization has set ambitious targets to cut GHG emissions from ships by at least 50% by 2050. The high-power FCwave™ module is a flexible solution that can support the energy needs of various vessel types as well as onshore power. The scalable 200kW power module offers a plug-and-play replacement for conventional diesel engines. The Type Approval certification confirms the design meets the stringent safety, functional, design and documentation requirements necessary for global marine commercialization.
Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars and forklift trucks. To learn more about Ballard, please visit www.ballard.com.
This release contains forward-looking statements concerning anticipated product performance and other characteristics, product deliveries and deployments. These forward-looking statements reflect Ballard's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballard's assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.
These statements involve risks and uncertainties that may cause Ballard's actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard's future performance, please refer to Ballard's most recent Annual Information Form. Readers should not place undue reliance on Ballard's forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward looking statements, other than as required under applicable legislation.
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| 2022-04-06T09:19:30
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CHICAGO, April 6, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch Monday and Wednesday Gold, Silver and Copper Weekly options on May 2, pending regulatory review. These new options contracts will complement the company's existing Friday Weekly, End-of-Month and Quarterly options on Gold, Silver and Copper futures.
"Fed policy and economic uncertainty are key focuses for our clients across the globe, which also have implications for metals markets," said Jin Chang, Managing Director and Global Head of Metals at CME Group. "We continue to see strong demand for our short-term options, which provide clients with more flexibility to manage short-term price risk. The introduction of Monday and Wednesday Weekly options on Gold, Silver and Copper futures will provide enhanced hedging capabilities around market moving events, including weekend headlines and FOMC meetings."
Gold Weekly options set a record in 2021, with an average daily volume of 8,000 contracts. Silver Weekly options also had a record volume year in 2021 with an average daily volume of over 600 contracts and set a new daily volume record on January 6, 2022 of 3,200 contracts traded.
Monday and Wednesday Gold, Silver and Copper Weekly options will be listed by and subject to the rules of COMEX. For more information, please visit here.
About CME Group
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
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| 2022-04-06T09:19:38
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LONDON, April 6, 2022 /PRNewswire/ -- DAZN Group today announces that Alice Mascia has been appointed to lead its operations in DACH. She joins DAZN on 1 May.
Mascia's appointment comes amid significant global momentum for the business and as DAZN continues to cement itself as the "home of sports fans" in DACH, following the landmark acquisition of Bundesliga and UEFA Champions League rights, along with other major football rights like Italy's Serie A and Spain's LaLiga.
Mascia has 20 years' valuable experience in the media and telco industries. She has a proven record of launching new business, products, and brands. A recognised international executive, she has led on M&As, business transformation and business strategy and execution. Previously, she held senior roles at Foxtel Group and at Sky Deutschland. Mascia's huge experience in the industry will help further accelerate DAZN Group's ambitious growth aspirations in DACH as it becomes the leading sports entertainment platform.
Shay Segev, CEO, DAZN Group, said: "This move exemplifies the importance of and our upmost commitment to the DACH market as we bring decision making closer to our fans. It is an honour to have recruited someone of Alice's calibre and someone with such a wealth of experience to lead the market and continue to expand our platform and drive our ambitious growth plan. Her experience and knowledge of the market will drive the business forward. She joins at an exciting time as we begin to diversify into the true global destination for sports fans."
Alice Mascia said: "Having worked in the media and consumer industry in DACH for over a decade, I can't wait to join DAZN's team at such an exciting time for the business and in a region so close to my heart. I am looking forward to driving DAZN's ambitious growth strategy and continuing to deliver an incredible entertainment experience for DAZN's members and all sport fans in Germany, Austria, and Switzerland."
Visit www.dazngroup.com for more information.
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Logo - https://mma.prnewswire.com/media/1097249/DAZN_Group_Logo.jpg
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LONDON, April 6, 2022 /PRNewswire/ -- The new Competitive Assessment by global technology intelligence firm ABI Research provides an in-depth and objective examination of IoT device identity lifecycle management solutions, ranking eight traditional Certificate Authorities (CAs) based on top-of-mind concerns for implementers, including secure provisioning, identity management, deployment, IoT ecosystem partnerships, and intelligent automated services.
The companies are evaluated in the following order of ranking:
Market Leaders: Device Authority, Entrust, Digicert, GlobalSign
Mainstream: HID Global, Sectigo
Followers: WISeKey, Nexus
"Innovation starts at the design level with digital identity providers offering services geared to specific IoT applications rather than bundling them under the general ecosystem. This includes extending digital certificate design beyond the X.509 standard, offering identity management options that consider connectivity requirements and bandwidth restrictions and, ultimately, allowing implementers to customize the digital identity framework of their IoT devices," explains Dimitrios Pavlakis, Senior Analyst of IoT and Digital Security at ABI Research.
Further, identity provisioning needs to be versatile enough to include multiple service options that can adapt to different IoT architectures, device specifications and application needs. Choice should be available to support greenfield and brownfield IoT deployments, provide for containers and serverless options, as well as for agentless deployments. Interoperability is also of critical importance. IoT implementers require solutions that are market and hardware agnostic, able to integrate with a wide array of silicon products and architectures and support a range of security operations in device lifecycle, certificate and key management, token issuance and secure code signing.
Device Authority scored first overall in the assessment followed by Entrust, DigiCert, and GlobalSign. Device Authority offers a full end-to-end solution and the optimal spectrum of device identity management options including agile, proprietary crypto libraries to provide secure identities based on multiple unique identifiers and device specifications. The KeyScaler solution suite offers secure transfer of ownership of the device certificates across the supply chain, secure onboarding, management of certificates, and Over the Air (OTA) updates.
Entrust provides not only secure device lifecycle services for IoT but also the underlying hardware security modules (HSMs) for a hardware root of trust, upon which it has built an array of versatile deployment services specifically designed for IoT environments and customizable through the option rich Entrust Certificate Hub.
GlobalSign IoT Edge Enroll provides an ever-expanding database of digital certificate templates enabling fine-grained customization of IoT digital identities and the offer of a unique identity proposition for IoT devices in numerous different use-cases.
DigiCert's IoT Device Manager enables a plethora of identity and lifecycle management services, but key among its innovation is the offer of PKI certificate derivatives, created by shrinking the size of standard certificates without compromising on integrity or security to provide unique identifiers suitable for the IoT.
For providers, the support of complementary ecosystem partners, automated and policy-driven management services, and flexible pricing models to maximize monetization is key. "A comprehensive IoT Device Identity Lifecycle Management platform will align with the evolving device management practices in the field," notes Pavlakis. "Secure remote provisioning capabilities, modular certificate design, streamlined management and automation are key options for truly innovative and scalable IoT solution in this space."
These findings are from ABI Research's IoT Device Identity Lifecycle Management competitive ranking report. This report is part of the company's IoT Cybersecurity research service, which includes research, data, and ABI Insights. Competitive Ranking reports offer comprehensive analysis of implementation strategies and innovation, coupled with market share analysis, to offer unparalleled insight into a company's performance and standing in comparison to its competitors.
About ABI Research
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research是一家国际科技情报公司，为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info:
Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com
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| 2022-04-06T09:19:53
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PixAlign ELPEC01 Camera Enables Advanced Projection Installations to Automate Blending, Stacking, Tiling, and More
LOS ALAMITOS, Calif., April 6, 2022 /PRNewswire/ -- Projection technology provides maximum versatility that allows artists, designers and integrators to break free from the set boundaries of today's typical displays. Stunning, super-wide imagery, massive architectural illumination and fully immersive environments are becoming increasingly popular. As projection continues to grow as a powerful medium for sophisticated installations, Epson today announced the new PixAlign™ ELPEC01 camera that adds another layer of convenience and simplified installation for its line-up of interchangeable lens projectors.1
The new camera helps streamline setup for advanced projection applications and attaches directly to the projector or ultra short-throw lens – no tools or adjustments to the angle of view needed. PixAlign joins Epson's impressive selection of projector installation tools, such as Epson Projector Professional Tool (EPPT) and built-in NFC function, to make time-consuming installations and complex applications quicker and easier to deliver.
Blockhouse Studios, who specializes in large-scale architectural projection and original videography, leverages Epson's innovative projector tools to execute stunning digital art experiences. "The ability to control multiple projectors simultaneously is an essential feature for us and Epson's Pro Series projectors and installation tools have been crucial in making setup much more efficient," said Kevin Winkler, owner, Blockhouse Studios. "With the PixAlign cameras and the EPPT software, Epson has made tiling, blending and stacking projectors an easier and faster process we can depend on."
The PixAlign ELPEC01 camera is a seamless solution providing fast access to powerful projection tools for both single- and multi-projector setups. Simply attach the camera to the front of select Epson interchangeable lens projectors or Epson ultra short-throw lenses1 without the need for any angle adjustments. The camera enables tools for screen matching and color calibration,2 stacking assist function,3 tiling assist for edge blending,4 and remote support.
PixAlign helps speed up projector setups by providing fast access to powerful tools, including:
- Stacking Assist Function:3 Stacking assist function allows for fast, simple stacking of two or more Epson Pro Series projectors to create an even brighter picture without the need for manual finetuning. Plus, select Pro Series projectors can perform stacking assist without additional equipment, removing the need for a PC or router.
- Tiling Assist:4 Capable of tiling up to 15 projectors – and up to a 300-inch screen per projector – tiling assist provides automatic edge blending via the EPPT application and PixAlign to display a single, large or super-wide image from multiple projectors.
- Screen Matching and Color Calibration:2 To quickly deliver a seamless, precise picture, color calibration automatically adjusts color to produce vibrant, crisp images. Screen matching automatically adjusts color inconsistencies across multiple networked projectors for high impact multi-display presentations or stunning edge-blended super-wide screen displays.2 Both features can also be set on a schedule to meet unique installation needs.
- Remote Support: PixAlign enables convenient remote monitoring2 by providing real-time camera captures of the projected display for fast, easy troubleshooting.
"Epson's suite of installation tools for Pro Series projectors makes getting advanced projection installations up and running easier than ever before," said Ramzi Shakra, product manager, large venue projectors, Epson America, Inc. "We're excited to see how users will use the PixAlign camera to push the limits of Epson projectors and make their artistic visions come to life."
Epson's advanced installation tools can be used across Pro Series laser projectors with the PixAlign ELPEC01 attached or those with built-in cameras, including the Pro L1000 Series, Pro L30000UNL and select discontinued Pro L models. Users can download the latest projector firmware here to access the full suite of Epson Pro Series features.
Availability
The PixAlign ELPEC01 external camera is available now through authorized resellers. To learn more about EPPT and download the software, visit Epson's website. For additional information about Epson's Pro Series projectors, visit www.epson.com/largevenue. To view more information on the full list of advanced installation tools for Epson Pro Series projectors, www.epson.com/advanced-projector-installation-tools.
About Epson
Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson's goal is to become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of around JPY 1 trillion. global.epson.com/
Epson America, Inc., based in Los Alamitos, Calif., is Epson's regional headquarters for the U.S., Canada, and Latin America. To learn more about Epson, please visit: epson.com. You may also connect with Epson America on Facebook (facebook.com/Epson), Twitter (twitter.com/EpsonAmerica), YouTube (youtube.com/epsonamerica), and Instagram (instagram.com/EpsonAmerica).
EPSON is a registered trademark and EPSON Exceed Your Vision is a registered logomark of Seiko Epson Corporation. PixAlign is a trademark of Epson America, Inc. All other product and brand names are trademarks and/or registered trademarks of their respective companies. Epson disclaims any and all rights in these marks. Copyright 2022 Epson America, Inc.
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The Warsaw Stock Exchange opts for Infor Dynamic Enterprise Performance Management system for the GPW Group. Cogit will be responsible for implementation.
WARSAW, Poland, April 6, 2022 /PRNewswire/ -- Infor, the industry cloud company, announced today that GPW Group, which operates the Warsaw Stock Exchange, has selected Infor Dynamic Enterprise Performance Management (d/EPM) cloud-based software to support its planning and budgeting process. Cogit, one of Infor's leading European partners, is responsible for implementing the software within a year.
"Infor Dynamic Enterprise Performance Management is designed to manage complex business processes. It offers real-time full visibility into a business, allows for reliable planning, reporting, measuring past and current performance, predicting future activities, and much more," explains Barbara Najgebaur, Infor's channel account manager for Poland.
Learn more about Infor Dynamic Enterprise Performance Management (d/EPM): https://www.infor.com/solutions/financials-3/enterprise-performance-management
The GPW has decided to use a multitenant cloud system that integrates closely with the Infor OS (Operating Services) platform. This allows the implementation of new functionalities or innovations without disrupting daily operations. It also offers full reliability and ensures world-class levels of security, which factors are particularly important for financial institutions. The purpose of the new system at the GPW Group is to enable better efficiency and risk management, and to improve the decision-making process across the organization. Key areas supported by Infor's cloud solution include planning, monitoring and reporting, as well as management consolidation and procurement support in an integrated and scalable model.
"Our tasks include comprehensive design, parameterization and configuration of the system, along with its maintenance and development in all companies of the GPW Group. The project anticipates all the crucial processes to be launched this year, so they can be used in preparing GPW Group budget for 2023," explains Radosław Kozieja, CEO at Cogit.
About GK GPW
The Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie – GPW) is a leader among stock exchanges in Central and Eastern European by the number of listed companies and the total capitalization of domestic companies. The GPW's share in trading on stock exchanges in the region is 81%. The WSE is the leader of the Three Seas Exchanges initiative and aspires to the role of a regional hub for young, high-potential technology companies, the so-called unicorns. GPW is the most important source of capital for companies and local governments in the region, which contributes to the dynamic development of the Polish economy, new jobs, competitiveness of Polish companies in the international arena and, as a result, an increase in the wealth of the Polish society. The GPW Group operates platforms for trading shares, treasury and corporate bonds, derivatives, electricity and natural gas, and provides indices and benchmarks, including WIBID and WIBOR. In 2018, the FTSE Russell index agency qualified the Polish capital market to the group of developed markets. The markets operated by the GPW Group are the largest in Central and Eastern Europe. Visit https://www.gpw.pl/
About Cogit
Cogit (former Codec Polska) is one of the oldest consulting and implementation companies on the Polish market. It specializes in IT systems that support the use of data in management. Cogit helps teams, boards, managers and controllers to make better decisions and plan for the future based on data. Cogit focuses on effective support of management processes, including planning, budgeting, predicting, reporting, analysis and financial consolidation. Implemented solutions support all departments in an organization, from controlling and finance to sales, logistics and operations. In its work, it combines the knowledge and experience of business and IT experts. Visit https://cogit.global/company/
About Infor
Infor is a global leader in business cloud software specialized by industry. We develop complete solutions for our focus industries, including industrial manufacturing, distribution, healthcare, food & beverage, automotive, aerospace & defense, and high tech. Infor's mission-critical enterprise applications and services are designed to deliver sustainable operational advantages with security and faster time-to-value. We are obsessed with delivering successful business outcomes for customers, and we are continually innovating to quickly solve emerging business and industry challenges. Over 65,000 organizations in more than 175 countries rely on Infor's 17,000 employees and their deep industry expertise to help overcome market disruptions and achieve their business goals. As a Koch company, our financial strength, ownership structure, and long-term view empower us to foster enduring, mutually beneficial relationships with our customers, employees and partners. Visit www.infor.com.
Media contact
Michał Borkowski
Omega Communication
mborkowski@communication.pl
+48 668 298 375
Copyright ©2022 Infor. All rights reserved. The word and design marks set forth herein are trademarks and/or registered trademarks of Infor and/or related affiliates and subsidiaries. All other trademarks listed herein are the property of their respective owners. www.infor.com
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The award-winning craft brewery in Lafayette will host an Earth Day event on 4/22 benefitting East Bay Regional Parks Foundation.
LAFAYETTE, Calif., April 6, 2022 /PRNewswire/ -- Headlands Brewing Co, a Lafayette, CA brewery, is proud to announce that it has joined 1% for the Planet, pledging 1% of all sales to support nonprofit organizations focused on the environment. In celebration, they will be hosting an event at Headlands' Brewery and Beer Garden in Lafayette, CA in partnership with East Bay Regional Parks Foundation on Earth Day, April 22.
"Headlands Brewing was built on adventure and passion for the outdoors, and since day 1 we've worked with a number of amazing partners such as the East Bay Regional Parks Foundation, Bay Area Ridge Trail, and others who are focused on helping preserve and protect our environment," said Austin Sharp, Chief Executive Officer at Headlands Brewing Co. "Formalizing our commitment to donate our money, minds and energy to 1% for the Planet is one of the easier decisions we've made".
"Currently, only 3% of total philanthropy goes to the environment, and only 5% of that comes from businesses. The planet needs a bigger support than this, and our growing network of business members is doing its valuable part to increase giving and support on-the-ground outcomes. We're excited to welcome Headlands Brewing to our global movement," says Kate Williams, CEO of 1% for the Planet.
By contributing 1% of their annual sales, thousands of 1% for the Planet members have raised over $300 million to support approved environmental nonprofits around the globe. Nonprofits are approved based on referrals, track record and environmental focus. Thousands of nonprofits worldwide are currently approved.
During the Earth Day event on April 22, Headlands will be launching their Trailblazer Series beer, Briones Hazy IPA, in partnership with the Regional Parks Foundation. $1 for every 4-pack of Briones sold, at the taproom and in stores around the Bay Area, will be donated to the foundation. They will also be donating 10% of all taproom sales for the day to the foundation. It will be a fun day of festivities including live music by local band Swamp Cake from 3-6pm, a pop up from a local environmentally-friendly shop Resourcefill, and smash burgers on the outdoor grill.
For more information about Headlands Brewing Co, follow @headlandsbrew on Instagram and Facebook.
About Headlands Brewing Co
The Headlands Brewery and Beer Garden is located at 3420 Mt Diablo Blvd in Lafayette, CA. They feature small batch ales exclusively available at the brewery, as well as guest beers, local wines and ciders, and a light, creative food program. Hours are Tuesday-Thursday 3pm-9pm, Friday & Saturday 12pm-10pm, Sunday 12pm-8pm.
About 1% for the Planet
1% for the Planet is a global organization that exists to ensure our planet and future generations thrive. They inspire businesses and individuals to support environmental nonprofits through membership and everyday actions. They make environmental giving easy and effective through partnership advising, impact storytelling and third-party certification.
Started in 2002 by Yvon Chouinard, founder of Patagonia, and Craig Mathews, founder of Blue Ribbon Flies, their business members and individual members have given hundreds of millions of dollars to our approved nonprofit partners to date. Today, 1% for the Planet's global network consists of thousands of businesses, individuals and environmental nonprofits working toward a better future for all.
Learn more at onepercentfortheplanet.org.
MEDIA CONTACT:
Headlands Brewing Co
Dyana Lovold
dyana@headlandsbrewing.com
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SOURCE Headlands Brewing Co
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https://www.wistv.com/prnewswire/2022/04/06/headlands-brewing-co-joins-1-planet-celebrates-with-an-earth-day-event/
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KARLSHAMN, Sweden, April 6, 2022 /PRNewswire/ -- In connection with the release of AAK's Interim report for the first quarter 2022, we invite you to a press and analyst conference to be held on Wednesday, April 27, 2022, at 1 p.m. CET. The conference will be chaired by Johan Westman, President and CEO, and Tomas Bergendahl, CFO. The presentation will be held in English.
The presentation can be followed by phone or via a webcast. Please note that questions may be asked by phone only.
To follow the conference by phone, please use one of the following numbers:
SE: +46 8 566 427 06
DK: +45 7872 3250
UK: +44 3333 009 271
US: +1 646 722 4903
To follow the conference via webcast, please use the following link: https://tv.streamfabriken.com/aak-q1-2022.
It will be possible to watch the webcast after the conference call.
The presentation material will be available under the Investors tab at our website, www.aak.com. The Interim report for the first quarter 2022 will be released on April 27, 2022 at 12:00 noon CET.
For more information, please contact:
Gabriella Grotte
Head of IR and Corporate Communications
Mobile: +46 737 16 80 01
E-mail: gabriella.grotte@aak.com
The information was submitted for publication at 9:50 a.m. CET on April 6, 2022.
About AAK
Everything AAK does is about Making Better Happen™. We specialize in plant-based oils that are the value-adding ingredients in many of the products people love to consume. We make these products better tasting, healthier, and more sustainable. At the heart of AAK's offer is Customer Co-Development, combining our desire to understand what better means for each customer, with the unique flexibility of our production assets, and a deep knowledge of many products and industries, including Chocolate & Confectionery, Bakery, Dairy, Plant-based Foods, Special Nutrition, Foodservice and Personal Care. Our 4,000 employees support our close collaboration with customers through 25 regional sales offices, 15 dedicated Customer Innovation Centers, and with the support of more than 20 production facilities. Listed on Nasdaq Stockholm and with our headquarters in Malmö, Sweden, AAK has been Making Better Happen for more than 150 years.
This information was brought to you by Cision http://news.cision.com
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| 2022-04-06T09:20:19
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BEIJING, April 6, 2022 /PRNewswire/ -- Jianpu Technology Inc. ("Jianpu," or the "Company") (NYSE: JT), a leading independent open platform for discovery and recommendation of financial products in China, today announced that it will report its second six months and fiscal year 2021 unaudited financial results, on April 12, 2022, before the open of U.S. markets.
The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on April 12, 2022 (8:00 PM Beijing/Hong Kong time on April 12, 2022).
Dial-in details for the earnings conference call are as follows:
Participants should dial-in at least 5 minutes before the scheduled start time and ask to be connected to the call for "Jianpu Technology Inc.".
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.jianpu.ai.
A replay of the conference call will be accessible approximately one hour after the conclusion of the live call until April 19, 2022, by dialling the following telephone numbers:
About Jianpu Technology Inc.
Jianpu Technology Inc. is a leading independent open platform for discovery and recommendation of financial products in China. The company connects users with financial service providers in a convenient, efficient, and secure way. By leveraging its proprietary technology, Jianpu provides users with customized search results and recommendations tailored to each user's particular financial needs and profile. The Company also enables financial service providers with sales and marketing solutions to reach and serve their target customers more effectively through integrated channels and enhance their competitiveness by providing them with tailored data, risk management services and solutions. The Company is committed to maintaining an independent open platform, which allows it to serve the needs of users and financial service providers impartially. For more information, please visit http://ir.jianpu.ai.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, financial condition and results of operations; the Company's expectations regarding demand for, and market acceptance of, its solutions and services; the Company's expectations regarding keeping and strengthening its relationships with users, financial service providers and other parties it collaborates with; trends, competition and regulatory policies relating to the industries the Company operates in; general economic and business conditions globally and in China; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Jianpu Technology Inc.
(IR)Oscar Chen, E-mail: IR@rong360.com
(PR)Amanda Hu, E-mail: Media@rong360.com
Tel: +86 (10) 6242-706
Christensen Advisory
Suri Cheng, E-mail: scheng@christensenir.com
Tel: +86 185 0060 8364
Anthony Cheong, E-mail: acheong@christensenir.com
Tel: +852 2232 3922
In US:
Christensen Advisory
Linda Bergkamp, E-mail: lbergkamp@christensenir.com
Tel: +1 480 353 6648
View original content:
SOURCE Jianpu Technology Inc.
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https://www.wistv.com/prnewswire/2022/04/06/jianpu-technology-inc-report-second-six-months-fiscal-year-2021-financial-results-tuesday-april-12-2022/
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MEDFORD, Ore., Apr. 6, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced its first quarter 2022 earnings will be released before the market opens on Wednesday, April 20, 2022. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
How to Participate
The conference call may be accessed by telephone at (877) 407-8029. To listen live on our website or for replay, visit investors.lithiadriveway.com and click on quarterly earnings.
About Lithia & Driveway (LAD):
LAD is a growth company focused on profitably consolidating the largest retail sector in North America through providing personal transportation solutions wherever, whenever, and however consumers desire.
Sites
www.lithia.com
investors.lithiadriveway.com
www.lithiacareers.com
www.driveway.com
www.greencars.com
www.drivewayfinancecorp.com
Lithia & Driveway on Facebook
https://www.facebook.com/LithiaMotors
https://www.facebook.com/DrivewayHQ
Lithia & Driveway on Twitter
https://twitter.com/lithiamotors
https://twitter.com/DrivewayHQ
https://twitter.com/GreenCarsHQ
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SOURCE Lithia Motors, Inc.
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COLUMBUS, Ohio, April 6, 2022 /PRNewswire/ -- The Management Council of the Ohio Education Computer Network (OECN) and Ohio's Information Technology Centers (ITCs) are pleased to announce the launch of the Ohio Education Job Board for K-12 jobs in Ohio. This job board incorporates an intuitive job listing page that includes search function filters and an interactive map.
Built specifically for the education industry, the Ohio Education Job Board is the central hub for K-12 jobs in Ohio. From teachers to bus drivers to support personnel, applicants looking for a position in an Ohio school district can search by zip code, job category, grade level, and/or job type. The interactive map enables prospective applicants to see available job postings in a specific search area making it easy to find open positions in desired locations. By drilling down on the job board map, applicants can identify the type and number of positions that are posted in each district.
"States all across our country are experiencing this shortage in K-12 education personnel," stated Geoff Andrews, Chief Executive Officer of the Management Council. "The Ohio Education Job Board is a compelling recruiting tool that will draw motivated job seekers to our state. This tool will aid school HR officers by promoting job openings, enable school leaders to find candidates they are seeking, offer prospective staff the ability to drill down to focus on the ideal matching criteria, and provide for a seamless applicant experience."
School districts posting open positions to the job board provide applicants with a positive experience through a simple search process and comprehensive offerings. With no need for districts to post positions in multiple places, the Ohio Education Job Board is a one-stop shop for prospective applicants.
Ohio's Information Technology Centers work together through a statewide network known as the Ohio Education Computer Network (OECN). The Management Council coordinates and supports the collaborative efforts of the OECN, which implements a broad spectrum of academic and administrative technologies across Ohio's PreK-12 education system. For more information, visit managementcouncil.org.
Contact:
Jessica Madison, The Management Council
614.840.9810
jessica.madison@managementcouncil.org
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SOURCE The Management Council
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, April 6, 2022 /PRNewswire/ -- (Republic) A retired couple from Missouri has filed a six-figure claim against Center Street Securities over losses sustained in GWG Holdings, Inc. (NASDAQ: GWGH). Both inexperienced investors with health issues, the claimants had entrusted the brokerage firm with keeping their money safe.
Instead, their Center Street Securities broker Joe Latour, a registered investment advisor with the Latour Financial Group, unsuitably recommended and sold them GWG L Bonds, while neglecting to give a full picture of the risks.
In their claim, the couple alleges negligence, misrepresentations and omissions, unsuitability, overconcentration, gross negligence, fraud, breach of contract, and other contentions. Our securities attorneys represent these older retirees in their FINRA arbitration claim against Center Street Securities.
If you sustained losses in these high-risk bonds that were sold to you by your brokerage firm, call Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) today at (800) 259-9010.
GWG L Bonds Were Too Risky, Illiquid, and Highly Speculative for These Retirees
At the recommendation of Center Street Securities, the claimants invested $134K into L Bonds. These bonds are junior debt, unlisted, issued with 6-month to 7-year maturity dates, and callable in that GWG Holdings can repurchase them without penalty and at a loss to investors.
There is no way for someone to sell their L Bonds early. These bonds renew automatically unless the investor requests otherwise before their maturity. Over 50% of outstanding GWG L Bonds were not repaid upon maturity. Instead, they were simply replaced with another bond.
Not only that, but bond repayments to investors were like a Ponzi scheme in that they came from the sale of L bonds to new investors.
Set up to earn non-correlated returns from life insurance assets, GWG Holdings was supposed to generate opportunities for consumers to receive substantially more value from their life insurance policies in a secondary market than they would from more traditional options. Instead, GWG Holdings has cost investors many millions of dollars.
In February 2022, GWG Holdings defaulted on the $3.25M in principal payments and $10.35M in interest it owed investors. But signs of trouble were clear even before 2022.
Our investment fraud lawyers continue to investigate and pursue the many broker-dealers that unsuitably sold L Bonds to investors.
Free Consultations:
US Toll Free: (800) 259-9010
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SOURCE Shepherd Smith Edwards & Kantas LLP
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- Following its successful acquisition by Klarna, leading mobile wallet provider Stocard introduces its new look and feel to over 47 million active consumers in 45 markets, adopting Klarna's award-winning "Smoooth" brand identity across all touchpoints.
- The rebranding sets the stage for new product synergies between Klarna and Stocard and introduces Klarna's brand to over 1 million new consumers in the US.
NEW YORK, April 6, 2022 /PRNewswire/ -- Klarna, a leading global retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, today revealed the new "Klarna-fied" brand identity of Stocard, one of the world's leading mobile wallet providers that enables consumers to gather all of their loyalty cards virtually in one single place and receive personalized offers. The rebranding marks the next step of Stocard's integration into the Klarna ecosystem following its successful acquisition by Klarna in July 2021 and opens up the doors for commercial and technological synergies between the two company's offerings.
David Handlos, Domain Lead and founder of Stocard said: "We could not have imagined a better home for Stocard than Klarna. We both share the same customer obsession and our new look and feel expresses this joint mission superbly. With its high-touch design language and captivating photography, Stocard's new Klarna-fied branding both enhances our user experience and helps us better attract new audiences. And the brand is just the beginning. Our users and retailers can look forward to powerful new features coming their way soon as we tap into Klarna's vast pool of talent and resources."
The Stocard app lets consumers virtually store all of their loyalty cards, collect coupons and rewards, receive personalized offers, and even make mobile payments with a virtual prepaid card*. For retailers, the Stocard app offers a powerful data-based channel to engage consumers, drive traffic, sales and loyalty and understand consumer preferences.
The Stocard app will continue to be available for free to its 47 million active consumers across 45 markets and will be enriched with further features going forward as it integrates deeper with Klarna's platform. At the same time, Stocard's team will carry their domain expertise into Klarna's product teams and develop new features in the Klarna app, the first of which will be revealed in the very near future.
David Fock, Klarna's Chief Product Officer commented: "At Klarna, we want to help consumers save time and money every time they pay, whether that is online or in-store. With its clever mobile wallet solution, Stocard fulfills this very promise, making it the perfect addition to the Klarna family. By putting the consumer at the heart of every interaction, Klarna has flipped the script on how a bank should act, and this is reflected in our "Smoooth" look and feel. With the rebranding of Stocard we are now transporting the "Smoooth" experience to Stocard's consumers and retailers across the globe. Above and beyond significantly broadening Klarna's global footprint by a colossal 47 million consumers across 25 new markets, the acquisition of Stocard also allows us to embed the deep intelligence packed into Stocard's payment and marketing technology into the Klarna app, with exciting new features to be announced very soon."
Alongside Toplooks, HERO, APPRL, Inspirock and, most recently, PriceRunner, the acquisition of Stocard adds a further complementary pillar to Klarna's unparalleled product offering. Spanning from virtual shopping, content creation and dynamic ads to travel planning and mobile wallets, Klarna's acquisitions are delivering on the promise of saving time and money for more than 147 million consumers and helping its 400,000+ retailers engage their target audiences even more effectively. Especially for retailers aiming to seamlessly bridge their online and in-store shopping experience, omnichannel services like the Stocard app have become essential in winning over and retaining a new generation of shoppers.
*Stocard's payment feature is available currently in the UK, IT, FR, DE, and NL.
About Klarna
Since 2005 Klarna has been on a mission to revolutionize the retail banking industry. With over 147 million global active users and 2 million transactions per day, Klarna is meeting the changing demands of consumers by saving them time and money while helping them be informed and in control of their personal finances. Over 400,000 global retail partners, including H&M, Saks, Sephora, Macys, IKEA, Expedia Group, and Nike have integrated Klarna's innovative technology to deliver a seamless shopping experience online and in-store. With over 5,000 employees, Klarna is active in 45 markets and is one of the most highly-valued private fintechs globally, with a valuation of $45.6 billion. For more information, visit Klarna.com
For additional information, please contact:
James Bessenbach
press@klarna.com
+4915125739880
This information was brought to you by Cision http://news.cision.com
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SOURCE Klarna Bank AB (publ)
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FRAUENFELD, Switzerland, April 6, 2022 /PRNewswire/ -- The solid-state battery from Swiss Clean Battery AG is extremely durable, non-combustible and at least 50% better in terms of environmental performance than conventional lithium-ion batteries.
Solid-state batteries are regarded as the successor technology to conventional lithium-ion batteries. Intensive research is being carried out worldwide - and Switzerland is now the first country to go into series production with this technology.
Rapidly rising energy costs, the energy turnaround and the security of supply of countries can only be solved via renewable energies. And efficient electricity storage systems are a key prerequisite for this.
With production scaling from 1.2 GWh to 7.6 GWH, SCB AG will serve both the Swiss domestic and international markets with sustainable battery storage from 2024.
SCB AG has learned from the Corona crisis, the chip crisis and the Ukraine crisis and is consistently implementing the lessons learned: All machines as well as chemicals are sourced regionally from Switzerland and Germany. Short distances, minimized logistics costs and security of supply are the primacy of our actions.
The newly founded production company SCB AG from Switzerland is revolutionizing the global battery market with its serially produced solid-state battery. Swiss Clean Battery AG, headquartered in Frauenfeld, is convinced that it will leave the international competition behind with its environmentally friendly, safe and extremely powerful product.
The energy transition to renewable energies requires electricity storage, especially in view of the rapidly increasing electricity consumption and the exploding energy costs. However, conventional battery technologies create serious resource and waste problems. SCB AG is treading a new path with the production of a new and sustainable basic technology, the "green solid-state battery".
Lithium-ion batteries have revolutionized the battery world. But now that their production and use are soaring to astronomical heights, the dark side of this development is becoming apparent: Raw materials are needed whose long-term availability is not guaranteed and some of which are extracted under inhumane conditions. There are safety risks, as the batteries can lead to fires and explosions that are difficult to extinguish. And, above all, there will be a huge mountain of waste in the near future. This is because the lifespan of conventional lithium-ion batteries is very limited. They reach the end of their life after a few thousand charging cycles at the latest.
The solid-state battery produced by SCB lasts almost indefinitely and has a 50% better environmental balance than conventional lithium-ion batteries. Furthermore, it is incombustible and therefore safe to use, contains no critical raw materials such as cobalt, and is resistant to deep discharge and fast charging.
Solid-state batteries have been regarded for years as a promising successor technology to conventional lithium-ion batteries. Accordingly, they are the subject of research in numerous laboratories around the world. So far, however, it has not been possible to develop high-performance batteries with solid ion conductors:
A central technical problem is to bring the fixed ion conductor in the battery cells into a stable connection with the electrodes. Many research projects are based on a "modular design" in which individual components are combined outside the cell and then inserted into the housing. This leads to problems with the transfer of ions at the material boundaries between the electrodes and the fixed ion conductor. After more than 30 years of basic research, it has been possible to solve this problem: In this new approach to solving the problem, the fixed ion conductor is formed in the battery cell itself, similar to a multicomponent adhesive. This overcomes the transition problems compared to modular construction.
Swiss Clean Battery AG was founded in February 2022 in Frauenfeld in the canton of Thurgau:
The CEO is Mr. Roland Jung, the CFO Mr. Peter Koch and the COO Dr. Thomas Lützenrath. He is also the COO of High Performance Battery AG, the licensing technology company. The production facility will be scaled from 1.2 GWH to 7.6 GWH:
In the first production phase of 1.2 GWH, SCB AG is planning sales of CHF 318 million. For this, 246 million CHF investment volume in the machinery is planned. In this first stage, SCB AG employs 181 people. A production area of 20,000 m2 will be built in order to manufacture 7.2 million battery cells per year.
The enterprise value in this first stage is CHF 1.3 billion, with a conservative multiple of 18. In addition to debt financing of the production facility, an initial public offering (IPO) is targeted for October 2022 on the Zurich Stock Exchange.
In the final phase, SCB AG is to produce 7.6 GWH, with an investment sum of CHF 775 million and a turnover of over CHF 2 billion. Approximately 100,000 m2 of production area will be built for this purpose. At this stage of expansion, SCB AG will produce nearly 48 million battery cells per year with 1061 employees. The company will then be worth CHF 8.6 billion.
Media contact:
Swiss Clean Battery AG
Bahnhofstrasse 56
CH-8500 Frauenfeld
+41(0)525114020
info@SwissCleanBattery.ch
Photo - https://mma.prnewswire.com/media/1779799/Swiss_Clean_Battery_AG_1.jpg
Logo - https://mma.prnewswire.com/media/1771277/Swiss_Clean_Battery_AG_Logo.jpg
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SOURCE Swiss Clean Battery AG
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| 2022-04-06T09:21:03
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Community input needed for proposed Silver Lake project
ROCHESTER, Minn. (KTTC) – The City of Rochester wants your input on how to beautify Silver Lake, one of Rochester’s most popular areas to spend time outdoors.
Leaders want feedback about the proposed project, which includes sediment removal from Silver Lake, improving trail safety for pedestrians and bikers, and revitalizing the city park.
The city is holding a community meeting Wednesday, April 6, at 6:30 p.m., at the Development Services and Infrastructure Center (DSIC), located at 4001 West River Parkway Northwest, Suite 100.
Those who plan to attend should enter through the Rochester Police Department entrance.
“Silver Lake Park is a treasure of the community and of our park system,” Linnea Archer, Park Board President said. “The ongoing commitment and passion to this public place is shared by the Park Board, Parks & Recreation Department, and City of Rochester. We know residents and visitors share in that sentiment as well. It is our hope that this meeting will provide greater clarity on the various aspects of the proposed project and their intended outcomes.”
The proposed project is one of the city’s legislative priorities.
For more information about this public meeting, click here.
Copyright 2022 KTTC. All rights reserved.
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Killings of Ukrainian civilians could bring more sanctions
KYIV, Ukraine (AP) - Western governments were preparing Wednesday to impose tougher sanctions against Russia, as Ukraine documents and investigates widespread killings of civilians and other alleged war crimes.
Ukrainian President Volodymyr Zelenskyy kept up demands for war-crimes trials for Russian troops and their leaders while warning they were regrouping for fresh assaults on Ukraine’s east and south. The Ukraine military said Russia was preparing for an offensive in Ukraine’s east, with the aim “to establish complete control over the territory of Donetsk and Luhansk regions.”
Overnight, Russian forces attacked a fuel depot and a factory in Ukraine’s Dnipropetrovsk region, the region’s governor Valentyn Reznichenko said on the messaging app Telegram early Wednesday. The number of casualties was unclear.
“The night was alarming and difficult. The enemy attacked our area from the air and hit the oil depot and one of the plants. The oil depot with fuel was destroyed. Rescuers are still putting out the flames at the plant,” Reznichenko wrote.
Police in the Romanian capital Bucharest said a car rammed the gate of the Russian Embassy early Wednesday, bursting into flames and killing the driver. There was no immediate information on a possible motive or other details.
In Ukraine’s eastern Luhansk region, shelling of Rubizhne city on Tuesday killed one person and injured five more, its governor Serhiy Haidai said on Telegram.
GRAPHIC WARNING: Videos in this story may contain disturbing content.
Parts of Donetsk and Luhansk have been under control of Russia-backed rebels since 2014 and are recognized by Moscow as independent states. So far, Ukrainian forces have been holding back Russian troops trying to push east but remain outnumbered in both troops and equipment, Zelenskyy said in a video address to his country late Tuesday.
Evidence of what appears to be intentional killings of civilians in Bucha and other towns before Russian forces withdrew from the outskirts of Kyiv has drawn a global outcry. Western nations have expelled scores of Moscow’s diplomats and are expected to roll out more sanctions Wednesday.
They would include a ban on all new investment in Russia, a senior U.S. administration official said, speaking on condition of anonymity to discuss the upcoming announcement.
The EU’s executive branch, meanwhile, proposed a ban on coal imports from Russia, worth an estimated 4 billion euros ($4.4 billion) per year. It would be the first time the 27-nation bloc has sanctioned the country’s lucrative energy industry over the war.
In an address Tuesday to the U.N. Security Council, Zelenskyy said civilians in towns around Kyiv were tortured, shot in the back of the head, thrown down wells, blown up with grenades in their apartments and crushed to death by tanks while in cars.
Those who carried out the killings and those who gave the orders “must be brought to justice immediately for war crimes” in front of a tribunal similar to the one established at Nuremberg after World War II, he said.
“But we don’t have a choice — the fate of our land and of our people is being decided,” he said. “We know what we are fighting for. And we will do everything to win.”
Russia has insisted its troops have committed no war crimes.
Moscow’s U.N. ambassador, Vassily Nebenzia, said “not a single local person” suffered from violence while Bucha was under Russian control. Reiterating Kremlin comments, he said scenes of bodies in the streets were “a crude forgery” staged by the Ukrainians.
In the still largely empty streets of Bucha, dogs wandered among ruined buildings and burned military vehicles. Officials snapped photos of the corpses before gathering some of them.
Survivors of the monthlong Russian occupation showed investigators bodies of townspeople allegedly shot by Russian troops. Those who hid in their homes during the occupation, many of them beyond middle age, wandered past charred tanks and jagged window panes with plastic bags of food and other humanitarian aid. Red Cross workers checked in on intact homes.
Associated Press journalists in Bucha counted dozens of corpses in civilian clothes and interviewed Ukrainians who told of witnessing atrocities. Also, high-resolution satellite imagery from Maxar Technologies showed many of the bodies laid in the open for weeks while Russian forces were in the town.
The dead in Bucha included a pile of six charred bodies, as witnessed by AP journalists. It was not clear who they were or how they died. One body was probably that of a child, said Andrii Nebytov, head of police in the Kyiv region.
Many of the dead seen by AP journalists appeared to have been shot at close range, and some had their hands bound or their flesh burned.
The AP and the PBS series “Frontline” have jointly verified at least 90 incidents during the war that appear to violate international law. The War Crimes Watch Ukraine project is looking into apparent targeted attacks and indiscriminate ones.
U.S. Secretary of State Antony Blinken said images from Bucha revealed “not the random act of a rogue unit” but “a deliberate campaign to kill, to torture, to rape, to commit atrocities.” He said the reports of atrocities were “more than credible.”
The chief prosecutor for the International Criminal Court at The Hague opened an investigation a month ago into possible war crimes in Ukraine.
Elsewhere in Ukraine, in Borodyanka, northwest of Kyiv, a 25-year-old, Dmitriy Yevtushkov, searched the rubble of apartment buildings and found that only a photo album remained from his family’s home.
In the besieged southern city of Mykolaiv, a passerby stopped briefly to look at the bright blossoms of a shattered flower stand lying among bloodstains, the legacy of a Russian shell that killed nine people in the city’s center. The onlooker sketched the sign of the cross in the air, and moved on.
British defense officials said Wednesday that 160,000 people remain trapped by Russian air strikes and heavy fighting in the besieged southern port city of Mariupol.
The Ministry of Defense intelligence update said the city has “no light, communication, medicine, heat or water.” It accused Russian forces of deliberately preventing humanitarian access, “likely to pressure defenders to surrender.”
The International Committee of the Red Cross’s efforts to get humanitarian convoys into Mariupol have failed. Ukraine’s Deputy Prime Minister Iryna Vereshchuk said Russian forces stopped buses accompanied by Red Cross workers from traveling to Mariupol, which had a pre-war population of over 400,000. She said Russian troops allowed 1,496 civilians to leave the Sea of Azov port on Tuesday.
While both Ukrainian and Russian representatives sent optimistic signals following their latest round of talks a week ago, Russian Foreign Minister Sergey Lavrov said Moscow will not accept a Ukrainian demand that a prospective peace deal include an immediate pullout of troops followed by a Ukrainian referendum on the agreement.
___
Oleksandr Stashevskyi and Cara Anna in Bucha, Edith M. Lederer at the United Nations, Yuras Karmanau in Lviv, Ukraine, and Associated Press journalists around the world contributed to this report.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
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| 2022-04-06T09:22:28
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We are tracking areas of rain to begin our Wednesday morning, including the rush hour! Rainfall will be steady at times and continue through the early afternoon with a passage of a cold front. Once the front clears, sunshine will return to end the afternoon and early evening. Winds will be a bit breezy today but afternoon sun will help to bump our temperatures back into the upper 50s. Basically, a half and half day!
Tonight, clouds will remain scattered through the overnight, as temperatures drop into the lower 40s.
Thursday brings early sunshine before clouds increase through the late morning and afternoon. Another trough will swing through the state, reinforcing the cooler pattern and help aid in spotty shower development. Still plenty of dry time but a cooler day is expected with highs around 50°.
Friday and Saturday bring the coldest air of the week and likely for the young month, as highs struggle to reach 40°, while rain and snow showers will fall off and on. Breezy winds will add to the chill, as a light dusting could be possible in spots through Saturday afternoon.
Warm surge arrives on Sunday afternoon and should take us into early next week!
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| 2022-04-06T09:45:23
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WASHINGTON -- Every year we talk about flu season. Moving forward, it sounds more likely that we will be talking about flu and COVID season.
That is what the FDA is going to discuss today. A panel of experts is meeting starting at 8:30 a.m. EDT.
They are going to try to model out future waves of the virus, predict possible new variants and work on how best to match those predictions with a future vaccine.
A decision is not expected for months, but this is similar to what they already do to get ready for flu season, which starts in the fall as more people gather indoors.
Meantime, the director of the CDC is urging people over 50 to get their second booster shot.
"We really would encourage people who are over 50 who have underlying medical conditions and those over the age of 65 to go ahead and get that next shot," said Dr. Rochelle Walensky, "and also to recognize that they may very well need another shot come the fall. And that will be the subject of an FDA meeting."
FDA panel to discuss what COVID shots we'll need next
This meeting will be similar to meetings the FDA holds to decide what strain of the flu to target ahead of flu season.
CORONAVIRUS
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| 2022-04-06T10:06:51
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KYIV, Ukraine -- Western governments were preparing Wednesday to impose tougher sanctions against Russia, as Ukraine documents and investigates widespread killings of civilians and other alleged war crimes.
Ukrainian President Volodymyr Zelenskyy kept up demands for war-crimes trials for Russian troops and their leaders while warning they were regrouping for fresh assaults on Ukraine's east and south. The Ukraine military said Russia was preparing for an offensive in Ukraine's east, with the aim "to establish complete control over the territory of Donetsk and Luhansk regions."
Overnight, Russian forces attacked a fuel depot and a factory in Ukraine's Dnipropetrovsk region, the region's governor Valentyn Reznichenko said on the messaging app Telegram early Wednesday. The number of casualties was unclear.
"The night was alarming and difficult. The enemy attacked our area from the air and hit the oil depot and one of the plants. The oil depot with fuel was destroyed. Rescuers are still putting out the flames at the plant," Reznichenko wrote.
Police in the Romanian capital Bucharest said a car rammed the gate of the Russian Embassy early Wednesday, bursting into flames and killing the driver. There was no immediate information on a possible motive or other details.
In Ukraine's eastern Luhansk region, shelling of Rubizhne city on Tuesday killed one person and injured five more, its governor Serhiy Haidai said on Telegram.
Parts of Donetsk and Luhansk have been under control of Russia-backed rebels since 2014 and are recognized by Moscow as independent states. So far, Ukrainian forces have been holding back Russian troops trying to push east but remain outnumbered in both troops and equipment, Zelenskyy said in a video address to his country late Tuesday.
Evidence of what appears to be intentional killings of civilians in Bucha and other towns before Russian forces withdrew from the outskirts of Kyiv has drawn a global outcry. Western nations have expelled scores of Moscow's diplomats and are expected to roll out more sanctions Wednesday.
They would include a ban on all new investment in Russia, a senior U.S. administration official said, speaking on condition of anonymity to discuss the upcoming announcement.
The EU's executive branch, meanwhile, proposed a ban on coal imports from Russia, worth an estimated 4 billion euros ($4.4 billion) per year. It would be the first time the 27-nation bloc has sanctioned the country's lucrative energy industry over the war.
In an address Tuesday to the U.N. Security Council, Zelenskyy said civilians in towns around Kyiv were tortured, shot in the back of the head, thrown down wells, blown up with grenades in their apartments and crushed to death by tanks while in cars.
Those who carried out the killings and those who gave the orders "must be brought to justice immediately for war crimes" in front of a tribunal similar to the one established at Nuremberg after World War II, he said.
"But we don't have a choice - the fate of our land and of our people is being decided," he said. "We know what we are fighting for. And we will do everything to win."
Russia has insisted its troops have committed no war crimes.
Moscow's U.N. ambassador, Vassily Nebenzia, said "not a single local person" suffered from violence while Bucha was under Russian control. Reiterating Kremlin comments, he said scenes of bodies in the streets were "a crude forgery" staged by the Ukrainians.
In the still largely empty streets of Bucha, dogs wandered among ruined buildings and burned military vehicles. Officials snapped photos of the corpses before gathering some of them.
Survivors of the monthlong Russian occupation showed investigators bodies of townspeople allegedly shot by Russian troops. Those who hid in their homes during the occupation, many of them beyond middle age, wandered past charred tanks and jagged window panes with plastic bags of food and other humanitarian aid. Red Cross workers checked in on intact homes.
Associated Press journalists in Bucha counted dozens of corpses in civilian clothes and interviewed Ukrainians who told of witnessing atrocities. Also, high-resolution satellite imagery from Maxar Technologies showed many of the bodies laid in the open for weeks while Russian forces were in the town.
The dead in Bucha included a pile of six charred bodies, as witnessed by AP journalists. It was not clear who they were or how they died. One body was probably that of a child, said Andrii Nebytov, head of police in the Kyiv region.
Many of the dead seen by AP journalists appeared to have been shot at close range, and some had their hands bound or their flesh burned.
The AP and the PBS series "Frontline" have jointly verified at least 90 incidents during the war that appear to violate international law. The War Crimes Watch Ukraine project is looking into apparent targeted attacks and indiscriminate ones.
U.S. Secretary of State Antony Blinken said images from Bucha revealed "not the random act of a rogue unit" but "a deliberate campaign to kill, to torture, to rape, to commit atrocities." He said the reports of atrocities were "more than credible."
The chief prosecutor for the International Criminal Court at The Hague opened an investigation a month ago into possible war crimes in Ukraine.
Elsewhere in Ukraine, in Borodyanka, northwest of Kyiv, a 25-year-old, Dmitriy Yevtushkov, searched the rubble of apartment buildings and found that only a photo album remained from his family's home.
In the besieged southern city of Mykolaiv, a passerby stopped briefly to look at the bright blossoms of a shattered flower stand lying among bloodstains, the legacy of a Russian shell that killed nine people in the city's center. The onlooker sketched the sign of the cross in the air, and moved on.
British defense officials said Wednesday that 160,000 people remain trapped by Russian air strikes and heavy fighting in the besieged southern port city of Mariupol.
The Ministry of Defense intelligence update said the city has "no light, communication, medicine, heat or water." It accused Russian forces of deliberately preventing humanitarian access, "likely to pressure defenders to surrender."
The International Committee of the Red Cross's efforts to get humanitarian convoys into Mariupol have failed. Ukraine's Deputy Prime Minister Iryna Vereshchuk said Russian forces stopped buses accompanied by Red Cross workers from traveling to Mariupol, which had a pre-war population of over 400,000. She said Russian troops allowed 1,496 civilians to leave the Sea of Azov port on Tuesday.
While both Ukrainian and Russian representatives sent optimistic signals following their latest round of talks a week ago, Russian Foreign Minister Sergey Lavrov said Moscow will not accept a Ukrainian demand that a prospective peace deal include an immediate pullout of troops followed by a Ukrainian referendum on the agreement.
___
Oleksandr Stashevskyi and Cara Anna in Bucha, Edith M. Lederer at the United Nations, Yuras Karmanau in Lviv, Ukraine, and Associated Press journalists around the world contributed to this report.
Killings of Ukrainian civilians could bring more sanctions against Russia
Ukrainian President Volodymyr Zelenskyy is demanding war-crimes trials for Russian troops and leaders.
UKRAINE
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https://abc11.com/ukraine-russia-ukrainian-president-volodymyr-zelenskyy-war-crimes-dnipropetrovsk-region/11715490/
| 2022-04-06T10:06:57
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West set to toughen sanctions on Russia; Ukraine urges more
KYIV, Ukraine (AP) - Western governments prepared Wednesday to toughen sanctions against Russia and send more weapons to Ukraine, after President Volodymyr Zelenskyy pointedly accused the world of failing to end Moscow’s invasion of his country and what he said was a campaign of murders, rapes and wanton destruction by Russian forces.
In scarred and silent streets of ruined towns around Ukraine’s capital, investigators collected evidence documenting what appeared to be widespread killings of civilians. Specialists cleared mines from devastated towns near Kyiv that Russian troops have left, as Moscow regrouped its forces for a new assault on Ukraine’s east and south at the end of the war’s sixth week.
In Andriivka, a small village about 60 kilometers (40 miles) west of the capital, two police officers from the nearby town of Makariv came to identify a dead man, whose body was left in a field, next to tracks of a Russian tank left in the area.
Capt. Alla Pustova said officers had found 20 bodies in Makariv area in the last two days, as investigators work to understand the scale of atrocities they say retreating Russian forces committed around the capital.
Zelenskyy said that civilians had been tortured, shot in the back of the head, thrown down wells, blown up with grenades in their apartments and crushed to death by tanks while in cars. He told the U.N. Security Council on Tuesday that those responsible should immediately be brought up on war crimes charges in front of a tribunal like the one established at Nuremberg after World War II.
“There is no security,” he told the body. “So where is the peace that the United Nations was created to guarantee?”
GRAPHIC WARNING: Videos in this story may contain disturbing content.
Ukrainian authorities have said the bodies of at least 410 civilians have been found in towns around Kyiv, and the Ukrainian president challenged the U.N. to kick Russia off the Security Council and “do everything that we can do to establish peace.” Barring that, he told the council: “Dissolve yourself.”
Thwarted in their efforts to take the capital and forced to withdraw to Belarus or Russia to regroup, President Vladimir Putin’s forces are now pouring into Ukraine’s industrial eastern heartland of the Donbas, where the Ukraine military has said is it bracing for a new offensive.
Overnight, Russian forces attacked a fuel depot and a factory in Ukraine’s Dnipropetrovsk region, just west of the Donbas, the region’s governor, Valentyn Reznichenko, said on the messaging app Telegram early Wednesday. He said the oil depot was destroyed. The number of casualties was unclear.
In the Luhansk region, which lies in the Donbas, shelling of Rubizhne on Tuesday killed one person and wounded five more, regional governor Serhiy Haidai said on Telegram.
Parts of Luhansk and the other Donbas region of Donetsk have been under control of Russia-backed rebels since 2014 and are recognized by Moscow as independent states. So far, Ukrainian forces have held back Russian troops pushing into the area but remain outnumbered in both troops and equipment, Zelenskyy said in a video address to his country late Tuesday.
Over the past few days, grisly images of civilians apparently killed by Russian forces in Bucha and other towns before they withdrew from the outskirts of Kyiv have caused a global outcry. Western nations have expelled scores of Moscow’s diplomats and are expected to roll out more sanctions Wednesday amid a flurry of meetings of NATO, Group of Seven and European Union diplomats.
Measures will include a ban on all new investment in Russia, a senior U.S. administration official said, speaking on condition of anonymity to discuss the upcoming announcement.
The EU’s executive branch, meanwhile, proposed a ban on coal imports from Russia, worth an estimated 4 billion euros ($4.4 billion) per year. It would be the first time the 27-nation bloc has sanctioned the country’s lucrative energy industry over the war, though it may stop short of cutting off Russia’s lucrative oil and gas exports to Europe.
Zelenskyy said Western sanctions must go much further.
“After the things the world saw in Bucha, sanctions against Russia must be commensurate with the gravity of war crimes committed by the occupiers,” he said in his late-night address.
He said Western leaders would be judged harshly “if after this, Russian banks are able to function as usual; if after this, goods are able to flow into Russia as usual; if after this, European Union countries will pay Russia for energy as usual.”
Russia has insisted its troops have committed no war crimes.
Moscow’s U.N. ambassador, Vassily Nebenzia, said “not a single local person” suffered from violence while Bucha was under Russian control. Using to a tactic Russian officials have often relied on in the face of accusations of atrocities, he said scenes of bodies in the streets were “a crude forgery” staged by the Ukrainians.
In the still largely empty streets of Bucha, dogs wandered among ruined buildings and burned military vehicles. Officials snapped photos of the corpses before gathering some of them.
Associated Press journalists in Bucha counted dozens of corpses in civilian clothes and interviewed Ukrainians who told of witnessing atrocities. Many of the dead seen by AP journalists appeared to have been shot at close range, and some had their hands bound or their flesh burned.
High-resolution satellite imagery from Maxar Technologies showed many of the bodies laid in the open for weeks while Russian forces were in the town.
The dead in Bucha included a pile of six charred bodies, as witnessed by AP journalists. It was not clear who they were or how they died. One body was probably that of a child, said Andrii Nebytov, head of police in the Kyiv region.
The AP and the PBS series “Frontline” have jointly verified at least 90 incidents during the war that appear to violate international law. The chief prosecutor for the International Criminal Court at The Hague opened an investigation a month ago into possible war crimes in Ukraine.
Elsewhere in Ukraine, a passerby in the besieged southern city of Mykolaiv stopped briefly to look at the bright blossoms of a shattered flower stand lying among bloodstains, the legacy of a Russian shell that killed nine people in the city’s center. The onlooker sketched the sign of the cross in the air, and moved on.
British defense officials, meanwhile, said Wednesday that 160,000 people remain trapped by Russian air strikes and heavy fighting in the besieged southern port city of Mariupol, scene of some of the worst suffering of the war.
The Ministry of Defense intelligence update said the city has “no light, communication, medicine, heat or water.” It accused Russian forces of deliberately preventing humanitarian access, “likely to pressure defenders to surrender.”
Ukraine’s Deputy Prime Minister Iryna Vereshchuk said Russian forces stopped buses accompanied by Red Cross workers from traveling to the city, which had a pre-war population of over 400,000. She said Russian troops allowed 1,496 civilians to leave the Sea of Azov port on Tuesday.
___
Oleksandr Stashevskyi and Cara Anna in Bucha, Ukraine, Edith M. Lederer at the United Nations, Yuras Karmanau in Lviv, Ukraine, and Associated Press journalists around the world contributed to this report.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
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| 2022-04-06T10:19:07
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Ky. teacher resigns after controversy over pro-LGBTQ message
ESTILL COUNTY, Ky. (WKYT) - A Kentucky teacher has resigned after writing a message encouraging LGBTQ students on his classroom board that read “You are free to be yourself with me.”
Tyler Morgan was a music teacher at West Irvine Intermediate School, which teaches third through fifth grade students. He posted a photo of the message on his Facebook page, WKYT reports. It included a rainbow flag, a transgender flag and rainbow colors.
“You are free to be yourself with me. You matter,” the message read.
Some parents feel Morgan’s message was inappropriate, and others did not have an issue with it. Dozens in the community said they stand behind Morgan.
Morgan noted he resigned from Estill County Schools on his own recognizance.
“I still firmly believe more work needs to be done in Kentucky, especially in Eastern Kentucky, to ensure that more resources are provided to make sure all students feel safe, secure, and seen,” he wrote on Facebook.
The Estill County Board of Education is investigating.
Superintendent Jeff Saylor said he had no problem with the statement, explaining the district must meet the needs of all students and families. He said the main issue stemmed from a conversation that took place during class.
It’s not clear what that conversation entailed, but the superintendent said it was not related to academic standards.
In a statement, Saylor wrote, “Of course, there are times that conversations may vary from that day’s lesson plan, but these conversations went far beyond the music curriculum. It is my job to make sure that parents are not surprised by these types of situations.”
The Fairness Campaign, an organization that advocates against sexual orientation and gender discrimination, feels the district mishandled the situation.
“I would not be surprised at all if the school is sued,” said Chris Hartman with the Fairness Campaign.
Hartman said talking about LGBTQ issues in the classroom could help students who may be struggling.
“We know that the rates of suicide, self-harm, depression, and isolation among LGBTQ kids is astronomically high,” Hartman said.
In his statement, Saylor said school counselors have been trained to offer support to students dealing with difficult circumstances.
Copyright 2022 WKYT via Gray Media Group, Inc. All rights reserved.
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| 2022-04-06T10:19:18
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Food Fare: Traditional English Sunday dinner brings back memories
Today’s column arose from a Facebook conversation with a friend who was hanging out in some of my favorite old stomping grounds in England.
At one point she posted that she’d gone to a pub for a traditional Sunday roast and she intended to try making Yorkshire pudding on her return home. I posted back that perhaps I’d do a column featuring “Yorkshire pud, lamb chops, real English mint sauce (not sickly sweet jelly), with rhubarb and custard for dessert.”
More Food Fare:Love eating and hate doing dishes? Try these sheet pan meals tonight
As I thought about it, I realized how many of my travel memories (and perhaps memories in general) contain food as a major component. I’ve been incredibly lucky to have had chances to travel and experience different cultures around the world and a major part of that exploration has been checking out their cuisines.
From the wonderful smells coming from the bakeries and boulangeries venting out onto the streets as I walked to breakfast at my uncle’s hotel in Ostend, Belgium, as a child, to checking out warm spice-marinated kebabs while exploring the souks of Fez, Morocco, in my teens, to a warming traditional Ukranian dinner in Kyiv during a school trip to the Soviet Union in January 1976, fresh seafood (and giant margaritas) at a seaside restaurant while watching the sun set after a day of scuba diving in the Caribbean with my spouse or, indeed, enjoying a Sunday roast in a 200-year-old pub in Britain, I’ve had some wonderful meals over the years.
This particular memory derives from the Sunday dinners we served at the trekking stable I worked at for several summers in Devon, England, in the mid-1970s. Roast leg of lamb with mint sauce, crispy roast potatoes, a vegetable, Yorkshire pudding and something for dessert. I became very proficient at peeling potatoes that summer as we often cooked for 20 to 30 guests and staff members, all of whom were quite hungry after a week of stable duties and riding over the moors.
For this meal I went with lamb chops rather than a full roast (which would have been overwhelming for just the two of us). A simple rub of olive oil, salt, pepper and thyme flavored the chops, which were grilled to perfection by my wife.
I’d already prepared the mint sauce, which was steeping in the refrigerator, soaking up flavors. With only a few ingredients, quick and simple to make, this is the accompaniment to lamb that you’ll find on most British tables. Unlike the cloying sweetness of mint jelly, the bright flavors of mint, complemented by the sweetness of sugar and the tangy sharpness of white vinegar, are perfect for cutting through the richness of the lamb. And feel free to adjust the ingredients to your own taste.
While the chops marinated, I washed and cut up some baby potatoes. While larger russets need to be peeled, baby potatoes and fingerlings can be roasted with the skins on, saving a bit of time and adding a bit of texture and flavor. I tossed them with olive oil, herbs and black pepper and popped them in a preheated oven to roast until crispy on the outside and tender on the inside. Sprinkled with a little salt after roasting, they were ready to serve.
Steamed green beans added crunch and a bit of fiber to the meal.
More:Celebrate Pi Day with these pizza recipes for every occasion, from breakfast to dessert
And then there was the Yorkshire pudding. Traditionalists will tell you that real Yorkshire pudding has to be made in a pan with beef fat, harkening back to an “an era when an English pub might cook a hunk of meat by dangling it from a hook above a roaring fire. The “pudding” emerged from a pan full of runny batter that would have been placed beneath the meat to soak up the juices. “The heat of the fire would make the Yorkshire pudding rise up, and all the fat would seep in,” and that everything else is a popover.
But the British-born chef April Bloomfield says that “making Yorkshire pudding these days is a more domesticated undertaking.” It doesn't matter to md whether you call them Yorkshire pudding or popovers (or even dinner rolls; yes, British words don’t always mean the same thing as their American equivalents — a “pudding” is not always a pudding). They are crisp on the outside and soft on the inside, infused with the fat they cooked in and ready to soak up a pat of butter or some gravy. The main tricks are not over-mixing the batter, which should resemble a thin pancake batter, and ensuring that the pan, and fat, are piping hot before you pour in the mix. The heat is what makes the pudding rise.
Which fat you use in the pan is a matter of personal taste. Beef fat is traditional, but rendered bacon fat is my go-to choice as it adds flavor and I always have a jar sitting in the fridge. For a vegetarian option, try melted butter mixed with vegetable oil (which will help prevent burning).
Other variations to the recipe also reflect personal tastes. Some recipes call for a full cup of milk and flour, some only three quarters of a cup; using the smaller amount results in an eggier taste. Some cooks swear by refrigerating the batter overnight while other’s say it’s not necessary. You might need to test the possibilities over a few Sunday dinners.
For “afters” I did some exploring and found a traditional Scots dessert that I’d not tried before. Traditionally it's made with “Crowdie,” a soft Scots cheese, but given that it’s not readily available, the creators have adapted the recipe to use cream instead. The closest American version of “double cream” is heavy whipping cream beaten to stiff peaks, and because our cream tends to have less fat than European cream, I folded in some creme fraiche to add body.
The whipped cream is lightly sweetened with honey and flavored with whisky (they also recommend some good Scots rum) and swirled with toasted oats. Layered in a glass with crushed raspberries (or a mix of fruits) and garnished with some fresh berries and a bit of the toasted oats, it was a beautiful dessert, creamy, nutty and tangy, with a hit of sweetness, all at once.
So that was our Sunday dinner. And if it allowed me to close my eyes, imagine being back in a cozy pub with a roast on a spit over a the fire, and all the comforting accompaniments, so much the better. Even if it was only for a moment.
Easy Real British Mint Sauce
Source: Adapted from a recipe by Elaine Lemm, The Spruce Eats
1 large bunch fresh mint, about ½ cup lightly packed leaves
1½ tablespoons sugar
5 tablespoons boiling water
3 tablespoons white wine vinegar
1. Pick over the leaves for blemishes or dirt, pull the leaves from the stems. Chop the stems roughly and the leaves finely.
2. Place the stems into about ½ cup of water and bring to a boil for 2-3 minutes. Allow to steep for 5 minutes, then remove the stems.
3. Place the chopped mint leaves into a heatproof vessel, sprinkle over the sugar. Bring the water back to a boil then pour about 5 tablespoons over the leaves. Stir gently, cover, and place to one side, and leave to cool.
4. Once cool, stir in the vinegar and taste the sauce. If it is too strong, just add a little more water. Too weak, add more mint. Cover again and leave to one side for at least an hour, longer if you have the time. The mint flavor will seep into the sugar-vinegar as it sits. Use the mint sauce or store in the fridge for up to two weeks.
Crispy Roast Potatoes
Carolyn VandeWiele
1 pound mini rainbow, red or fingerling potatoes
2 tablespoons olive oil
1 teaspoon Italian seasoning, oregano or thyme
½ teaspoon garlic powder
¼ teaspoon black pepper
½ teaspoon sea salt
1. Preheat oven to 425 degrees. Line a baking sheet with foil and lightly coat with cooking spray.
2. Toss potatoes with olive oil, herbs, garlic powder and pepper in a bowl until potatoes are coated
3. Spread potatoes on the baking sheet in an even layer.
4. Bake on the middle rack in the oven for 25-30 minutes or until potatoes are crisp on the outside and tender inside. Flip the potatoes halfway through the cooking process.
5. Remove from the oven, toss with the salt, and serve.
Yorkshire Pudding (Popovers)
Source: Adapted from a recipe by April Bloomfield, New York Times Cooking
3 large eggs
1 cup whole milk
1 cup all-purpose flour
¾ teaspoon/5 grams kosher salt
About 1/4 cup rendered beef or pork fat, olive oil or melted butter
1. In a medium bowl, whisk together eggs, milk, flour and salt. Do not overmix. The batter should be the consistency of a thin pancake batter.
2. Allow the batter to rest 30 minutes at room temperature or refrigerate overnight.
3. Preheat oven to 425 degrees.
4. Add a teaspoon of fat to each cup of a 12-cup muffin tin and transfer to the oven to heat, about 5-7 minutes. Once hot, divide batter equally to fill the cups about halfway, and return the muffin tin for 10-12 minutes, or until the puddings are golden brown and crisp. Serve immediately.
Cranachan: A Traditional Scottish Dessert
Source: Adapted from a recipe by Scottish Scran, June 17, 2020
¾ cup oats
2 tablespoons honey
2 tablespoons whisky (or rum)
2 cups raspberries (or a mix of raspberries, strawberries or blueberries)
1-2 teaspoons sugar (optional)
1½ cups heavy whipping cream
½ cup creme fraiche or marscapone
1. First, toast the oats. You can do this in a pan on the stovetop or in the oven. Put the oats in a dry pan or spread them out on a tray to go under the grill. There will be a nutty sort of smell when they’re ready. Keep checking them continuously so they don’t burn. Put in a bowl and set aside to cool.
2. Crush the raspberries in a bowl and set aside, saving a few whole ones for a garnish. Toss with additional fruit if using. If the fruit is very tart, sprinkle with 1-2 teaspoons of sugar if additional sweetness is desired
3. Whip the cream to stiff peaks. Fold in the whisky and honey.(Start with a smaller amount, you can always add more to taste.)
4. Fold in the creme fraiche.
5. Mix the cooled oats through the cream, saving a little for garnish.
6. Take the glasses (or bowl) and start to layer the fruit and cream mixtures, ending with cream on top.
7. Sprinkle the rest of the oats over the top of the last layer of cream and add a few fresh raspberries for garnish.
8. Eat it right away or put it in the fridge for later. The oats will soften a little if left in the fridge.
Recipe notes: This recipe is enough for four smaller glasses or two larger ones. You can also make the layers in a bowl and then serve out individual portions.
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IU law students teach fifth graders about law through hands-on mock trial
People in the courtroom waited anxiously while the jury deliberated.
Donna Bernens-Kinkead’s fifth-grade class at University Elementary School spent Friday afternoon in the mini trial room at Indiana University's law school, making arguments, listening to witness testimony and cross-examining characters from "How to Train Your Dragon," including Hiccup Horrendous, Fishlegs and twins Ruffnut and Tuffnut.
Small Fry, 15, was being sued for letting the dragons loose at the Isle of Berk Dragon Training Facility, which led to the dragons burning the property down. Sven, the facility's owner and the plaintiff in the civil suit, was requesting $20,000 for repairs and $5,000 for lodging.
Elementary-IU connection:Fairview 4th graders write material for IU Jacobs ballet performers
The jury shuffled back in as the room quieted.
“Have you reached a verdict?” asked the “judge,” IU professor Shana Wallace. “What say you?”
“The verdict is guilty,” the foreperson replied.
Although most of the mock trial proceeded as a real trial would, what happened next was something only fifth graders would think to do. The plaintiff's representatives, who had acted professionally until the verdict, could no longer contain their excitement — they bounced up and down in their seats, cheering and fist bumping each other.
IU law, Monroe County schools partnership program
Bernens-Kinkead’s class is one of about 20 fifth-grade classes in Monroe County experiencing hands-on learning about the legal system through a partnership with the IU Maurer School of Law's Outreach for Legal Literacy Program.
The OLL program, which runs from October through April, is run by law students who go into classrooms to teach students about government, law and how to be an engaged citizen.
Local education news:Bloomington teen accused of threatening school shooting in Snapchat video
Fifth graders are required to learn about these subjects as part of Indiana’s curriculum standards, Bernens-Kinkead said. But the OLL program engages the students far more than reading out of a textbook would.
“They make it alive for the kids,” she said. “I find it really valuable because my whole thing is that you have to be a participant in government. You can’t just sit back and let it happen.”
OLL has implemented this program in schools since 1994. The fall semester is spent learning basic terminology and processes, and the spring semester focuses on preparing for the mock trial, OLL President Devin Dunkley said.
Practicing for the trial helps students develop skills that will carry them through life, such as public speaking and critical thinking skills, Dunkley said.
How are cases selected?
One of the most important cases students learn about is U.S. Supreme Court case, Tinker v. Des Moines, which resulted from students wearing black armbands to school to protest the Vietnam War. The landmark decision defined First Amendment rights in public schools.
“It’s just showing them that these are also students who did something in their community to make a difference and that they can make a difference, too,” Dunkley said.
Each year’s case aligns with what kids are interested in at the time, Bernens-Kinkead said. In the past, cases have involved characters from the book "Alice in Wonderland," the comic strip "Calvin and Hobbes" and Harry Potter books and films, along with minions from the film "Despicable Me."
Education transportation:Electric buses are proving problematic for Bloomington Transit. Could they better serve schools?
This year’s case taught students about an attractive nuisance, which is a condition on a landowner’s property that could attract people and put them in danger — such as a barn full of dragons.
Scripts for each member of the court are written by OLL leaders, but students can go off script as much as they’d like — which they did, Bernens-Kinkead said.
Bernens-Kinkead’s students also got a chance to ask professor Wallace their burning questions. What happens if you get called for jury duty? Is law school separate from regular college? What happens if you say things to the court that aren’t true? Are courtrooms usually bigger than this?
In return, Wallace had a question for the students: How many of you think you might want to be a lawyer when you grow up?
Over a third of the students raised their hands.
“That is exciting to see, although most of them think all lawyers do is argue,” Bernens-Kinkead said. “I try to explain to them … that it’s not as glamorous as you think, and no one gets to just argue all the time.”
Although the students won’t actually have to seriously consider their career paths for a while, it’s important to let them know they can do anything they set their minds to, Dunkley said.
“We want to be role models,” said Dunkley, who is in her third year of law school. “I didn’t know any lawyers as a kid. I really didn’t even think about going to law school until college, because I just had never met a lawyer or been to a law school. So it’s that kind of opportunity for them to see, ‘Oh, wow, this is something that I could do, too.’”
Contact Herald-Times reporter Christine Stephenson at cstephenson@heraldt.com.
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Oeding, Bloomington South deliver baseball thriller vs. No. 5 Jasper
Phil Kluesner's pizza was running a little late, until Blaise Oeding delivered with a game-winning hit with two outs in the bottom of the ninth as Bloomington South upset No. 5 Jasper, 3-2, in baseball on Tuesday.
It looked like South might have blown its chance to knock off the Wildcats, last year's state champions, after coming up with a rally in the bottom of the seventh inning to tie the game at 1.
The Panthers (1-2) had given up a run without a hit in the top of the ninth after a dropped third strike, a passed ball and two wild pitches scored Indiana University recruit Connor Foley. But the defense also ended the inning by gunning down a runner at the plate after an errant throw to first.
But Brayden Blevins reached on a throwing error at short that put him on second base. Logan Wright was hit by a pitch, but a fielder's choice erased the lead runner and a pop up led to the second out.
Up came Cooper Webb, who singled to left, loading the bases. That brought Oeding to the plate. A passed ball scored Wright with the tying run.
With the count 2-2, the lefty Oeding took an outside pitch the other way. AJ Brinson ran home and the celebration ensued.
Cooper Webb, Wright and Brinson (who got the win) combined on a four-hitter for the Panthers, who host No. 4 Center Grove on Wednesday.
Here's Oeding and Kluesner after the game:
Kluesner talks about Oeding's big at bat and his team's ability to score twice in the ninth after a tough day at the plate. South had scored just three runs in its first 22 innings.
Contact Jim Gordillo at jgordillo@heraldt.com and follow on Twitter @JimGordillo.
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Bloomington South softball takes on Edgewood in Monroe County rivalry game
Seth Tow
The Herald-Times
BLOOMINGTON — Marin Jacobs excelled in both phases of the game Tuesday for Bloomington South softball.
The junior pitched a complete game, allowing just one earned run on four hits and one walk with six strikeouts. And she hit a two-run home run in the sixth inning that cemented the Panthers' lead, as they went on to defeat local rival Edgewood 8-1.
South moved to 3-1, while the Mustangs fell to 2-3.
Follow Herald-Times sports reporter Seth Tow on Twitter @SethTow, or email him at stow@heraldt.com.
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https://www.heraldtimesonline.com/story/sports/high-school/softball/2022/04/06/bloomington-south-softball-takes-edgewood-rivalry-game/9478739002/
| 2022-04-06T10:38:23
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| 2022-04-06T10:42:20
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West set to toughen sanctions on Russia; Ukraine urges more
KYIV, Ukraine (AP) - Western governments prepared Wednesday to toughen sanctions against Russia and send more weapons to Ukraine, after President Volodymyr Zelenskyy pointedly accused the world of failing to end Moscow’s invasion of his country and what he said was a campaign of murders, rapes and wanton destruction by Russian forces.
In scarred and silent streets of ruined towns around Ukraine’s capital, investigators collected evidence documenting what appeared to be widespread killings of civilians. Specialists cleared mines from devastated towns near Kyiv that Russian troops have left, as Moscow regrouped its forces for a new assault on Ukraine’s east and south at the end of the war’s sixth week.
In Andriivka, a small village about 60 kilometers (40 miles) west of the capital, two police officers from the nearby town of Makariv came to identify a dead man, whose body was left in a field, next to tracks of a Russian tank left in the area.
Capt. Alla Pustova said officers had found 20 bodies in Makariv area in the last two days, as investigators work to understand the scale of atrocities they say retreating Russian forces committed around the capital.
Zelenskyy said that civilians had been tortured, shot in the back of the head, thrown down wells, blown up with grenades in their apartments and crushed to death by tanks while in cars. He told the U.N. Security Council on Tuesday that those responsible should immediately be brought up on war crimes charges in front of a tribunal like the one established at Nuremberg after World War II.
“There is no security,” he told the body. “So where is the peace that the United Nations was created to guarantee?”
GRAPHIC WARNING: Videos in this story may contain disturbing content.
Ukrainian authorities have said the bodies of at least 410 civilians have been found in towns around Kyiv, and the Ukrainian president challenged the U.N. to kick Russia off the Security Council and “do everything that we can do to establish peace.” Barring that, he told the council: “Dissolve yourself.”
Thwarted in their efforts to take the capital and forced to withdraw to Belarus or Russia to regroup, President Vladimir Putin’s forces are now pouring into Ukraine’s industrial eastern heartland of the Donbas, where the Ukraine military has said is it bracing for a new offensive.
Overnight, Russian forces attacked a fuel depot and a factory in Ukraine’s Dnipropetrovsk region, just west of the Donbas, the region’s governor, Valentyn Reznichenko, said on the messaging app Telegram early Wednesday. He said the oil depot was destroyed. The number of casualties was unclear.
In the Luhansk region, which lies in the Donbas, shelling of Rubizhne on Tuesday killed one person and wounded five more, regional governor Serhiy Haidai said on Telegram.
Parts of Luhansk and the other Donbas region of Donetsk have been under control of Russia-backed rebels since 2014 and are recognized by Moscow as independent states. So far, Ukrainian forces have held back Russian troops pushing into the area but remain outnumbered in both troops and equipment, Zelenskyy said in a video address to his country late Tuesday.
Over the past few days, grisly images of civilians apparently killed by Russian forces in Bucha and other towns before they withdrew from the outskirts of Kyiv have caused a global outcry. Western nations have expelled scores of Moscow’s diplomats and are expected to roll out more sanctions Wednesday amid a flurry of meetings of NATO, Group of Seven and European Union diplomats.
Measures will include a ban on all new investment in Russia, a senior U.S. administration official said, speaking on condition of anonymity to discuss the upcoming announcement.
The EU’s executive branch, meanwhile, proposed a ban on coal imports from Russia, worth an estimated 4 billion euros ($4.4 billion) per year. It would be the first time the 27-nation bloc has sanctioned the country’s lucrative energy industry over the war, though it may stop short of cutting off Russia’s lucrative oil and gas exports to Europe.
Zelenskyy said Western sanctions must go much further.
“After the things the world saw in Bucha, sanctions against Russia must be commensurate with the gravity of war crimes committed by the occupiers,” he said in his late-night address.
He said Western leaders would be judged harshly “if after this, Russian banks are able to function as usual; if after this, goods are able to flow into Russia as usual; if after this, European Union countries will pay Russia for energy as usual.”
Russia has insisted its troops have committed no war crimes.
Moscow’s U.N. ambassador, Vassily Nebenzia, said “not a single local person” suffered from violence while Bucha was under Russian control. Using to a tactic Russian officials have often relied on in the face of accusations of atrocities, he said scenes of bodies in the streets were “a crude forgery” staged by the Ukrainians.
In the still largely empty streets of Bucha, dogs wandered among ruined buildings and burned military vehicles. Officials snapped photos of the corpses before gathering some of them.
Associated Press journalists in Bucha counted dozens of corpses in civilian clothes and interviewed Ukrainians who told of witnessing atrocities. Many of the dead seen by AP journalists appeared to have been shot at close range, and some had their hands bound or their flesh burned.
High-resolution satellite imagery from Maxar Technologies showed many of the bodies laid in the open for weeks while Russian forces were in the town.
The dead in Bucha included a pile of six charred bodies, as witnessed by AP journalists. It was not clear who they were or how they died. One body was probably that of a child, said Andrii Nebytov, head of police in the Kyiv region.
The AP and the PBS series “Frontline” have jointly verified at least 90 incidents during the war that appear to violate international law. The chief prosecutor for the International Criminal Court at The Hague opened an investigation a month ago into possible war crimes in Ukraine.
Elsewhere in Ukraine, a passerby in the besieged southern city of Mykolaiv stopped briefly to look at the bright blossoms of a shattered flower stand lying among bloodstains, the legacy of a Russian shell that killed nine people in the city’s center. The onlooker sketched the sign of the cross in the air, and moved on.
British defense officials, meanwhile, said Wednesday that 160,000 people remain trapped by Russian air strikes and heavy fighting in the besieged southern port city of Mariupol, scene of some of the worst suffering of the war.
The Ministry of Defense intelligence update said the city has “no light, communication, medicine, heat or water.” It accused Russian forces of deliberately preventing humanitarian access, “likely to pressure defenders to surrender.”
Ukraine’s Deputy Prime Minister Iryna Vereshchuk said Russian forces stopped buses accompanied by Red Cross workers from traveling to the city, which had a pre-war population of over 400,000. She said Russian troops allowed 1,496 civilians to leave the Sea of Azov port on Tuesday.
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Oleksandr Stashevskyi and Cara Anna in Bucha, Ukraine, Edith M. Lederer at the United Nations, Yuras Karmanau in Lviv, Ukraine, and Associated Press journalists around the world contributed to this report.
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Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
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Ky. teacher resigns after controversy over pro-LGBTQ message
ESTILL COUNTY, Ky. (WKYT) - A Kentucky teacher has resigned after writing a message encouraging LGBTQ students on his classroom board that read “You are free to be yourself with me.”
Tyler Morgan was a music teacher at West Irvine Intermediate School, which teaches third through fifth grade students. He posted a photo of the message on his Facebook page, WKYT reports. It included a rainbow flag, a transgender flag and rainbow colors.
“You are free to be yourself with me. You matter,” the message read.
Some parents feel Morgan’s message was inappropriate, and others did not have an issue with it. Dozens in the community said they stand behind Morgan.
Morgan noted he resigned from Estill County Schools on his own recognizance.
“I still firmly believe more work needs to be done in Kentucky, especially in Eastern Kentucky, to ensure that more resources are provided to make sure all students feel safe, secure, and seen,” he wrote on Facebook.
The Estill County Board of Education is investigating.
Superintendent Jeff Saylor said he had no problem with the statement, explaining the district must meet the needs of all students and families. He said the main issue stemmed from a conversation that took place during class.
It’s not clear what that conversation entailed, but the superintendent said it was not related to academic standards.
In a statement, Saylor wrote, “Of course, there are times that conversations may vary from that day’s lesson plan, but these conversations went far beyond the music curriculum. It is my job to make sure that parents are not surprised by these types of situations.”
The Fairness Campaign, an organization that advocates against sexual orientation and gender discrimination, feels the district mishandled the situation.
“I would not be surprised at all if the school is sued,” said Chris Hartman with the Fairness Campaign.
Hartman said talking about LGBTQ issues in the classroom could help students who may be struggling.
“We know that the rates of suicide, self-harm, depression, and isolation among LGBTQ kids is astronomically high,” Hartman said.
In his statement, Saylor said school counselors have been trained to offer support to students dealing with difficult circumstances.
Copyright 2022 WKYT via Gray Media Group, Inc. All rights reserved.
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| 2022-04-06T10:44:32
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3D Calls Upon Toshiba Management to Develop and Announce Mid-Range Plan Before the AGM
3D Asks Toshiba's Board to Solicit Buyout Proposals Prior to AGM
3D Calls Upon Toshiba's Board to Engage with Shareholders Concerning Board Composition and Director Candidates Before the AGM
TOKYO, April 6, 2022 /PRNewswire/ -- 3D Investment Partners Pte. Ltd. (together with the funds it manages, "3D"), one of Toshiba's largest shareholders, today sent a letter to the Board of Directors (the "Board") and Executive Committee of Toshiba Corporation ("Toshiba" or the "Company") (6502.T).
In the letter, 3D indicates that Toshiba must undertake three critical actions prior to the AGM: develop and disclose a mid-range plan, solicit indications of interest from buyout firms and consult with shareholders concerning the Board's composition.
The full text of the letter is copied below:
Dear Members of the Board and Executive Committee,
Last month, Toshiba Corporation ("Toshiba" or the "Company") faced its fourth consecutive contested shareholder meeting. Most recently, shareholders overwhelmingly rejected the Company's proposed two-way split plan that had been enthusiastically promoted by the Board of Directors. Now, for the fourth time in four meetings, shareholders have sent a message of displeasure to the Board.
Once an iconic Japanese company, Toshiba has become a corporate governance embarrassment for Japan. It is time for the Board to take decisive action to restore Toshiba's reputation.
We believe there are three imperatives, all of which must be acted upon in parallel prior to the upcoming AGM, to ensure the Company addresses the most important corporate governance issues in time to garner shareholder support:
- Management must expeditiously prepare a mid-range plan that reflects the full opportunity at Toshiba. Management must not delay the development or disclosure of the plan. Shareholders deserve to know the plan this Board and executive team intend to execute prior to casting their votes at the AGM.
- The Company must publicly announce that it will resume the strategic review process and encourage and solicit bids for all or parts of, and minority investments in, Toshiba. Potential buyers should be asked to provide the Company with preliminary indications of interest (including valuation ranges) prior to the AGM, so the Board can report to shareholders whether it has received such interest prior to shareholders casting their votes. Potential buyers should be assured that any party providing a credible indication of interest at a reasonable value will receive diligence materials, management presentations, cooperation from management and feedback as necessary to enable the bidder to make a second-round, more definitive proposal.
- The Company must immediately begin engaging with its largest shareholders – including those who have publicly expressed concerns about the Company's governance and strategy – to seek their input on Board composition. The Board should not unilaterally determine whom to nominate to the Board including the nomination of Taro Shimada (President and CEO) and Goro Yanase (Vice President and COO), given the lack of trust and progress over the last year. Shareholder views should be objectively considered, and the Board should nominate at least several candidates suggested by shareholders.
For several years, 3D and other large Toshiba shareholders have been disappointed by the actions of this Board and the Company's management. It is time for Toshiba to turn a new page and to begin to fulfill the full promise of Toshiba, restoring it to its rightful place as one of corporate Japan's best companies.
We urge you to immediately take these three steps to begin the process of rebuilding trust between Toshiba and its shareholders.
Kindest regards,
About 3D Investment Partners Pte.
3D Investment Partners Pte. Ltd is an independent Singapore-based Japan focused value investing fund manager founded in 2015. 3D Investment Partners Pte. Ltd. focuses on partnering with managements who share its investment philosophy of medium- to long-term value creation through compound capital growth and a common objective of achieving long-term returns.
Disclaimer
This press release is provided for informational purposes only and does not constitute an offer to purchase or sell any security or investment product, nor does it constitute professional or investment advice. This press release should not be relied on by any person for any purpose and is not, and should not be construed as investment, financial, legal, tax or other advice.
3D Investment Partners Pte. Ltd. and its affiliates ("3DIP") currently beneficially owns and/or has an economic interest in and may in the future beneficially own and/or have an economic interest in, Toshiba group securities. 3DIP intends to review its investments in the Toshiba group on a continuing basis and, depending upon various factors including, without limitation, the Toshiba group's financial position and strategic direction, the outcome of any discussions with Toshiba, overall market conditions, other investment opportunities available to 3DIP, and the availability of Toshiba group securities at prices that would make the purchase or sale of Toshiba group securities desirable, 3DIP may, from time to time (in the open market or in private transactions), buy, sell, cover, hedge, or otherwise change the form or substance of any of its investments (including the investment in Toshiba securities) to any degree in any manner permitted by any applicable law, and expressly disclaims any obligation to notify others of any such changes.
No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness, or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets, or developments referred to herein. 3DIP expressly disclaims any responsibility or liability for any loss howsoever arising from any use of, or reliance on, this press release or its contents as a whole or in part by any person, or otherwise howsoever arising in connection with this press release.
3DIP disclaims any intention or agreement to be treated as a joint holder (kyodo hoyu sha) under the Financial Instruments and Exchange Act of Japan, a closely related party (missetsu kankei sha) under the Foreign Exchange and Foreign Trade Act with other shareholders, or receiving any power to represent other shareholders in relation to the exercise of their voting rights by virtue of its act to express its views, estimates, and opinions or otherwise to engage in dialogue with other shareholders through this press release.
3 DIP does not have the intention to make a proposal, directly or through other shareholders of Toshiba, to transfer or abolish the business or asset of Toshiba and/or Toshiba group companies at the general shareholders meeting of Toshiba. 3DIP does not have the intention and purpose to engage in any conduct which constricts the continuing and stable implementation of business of Toshiba and/or Toshiba group companies. 3DIP does not have the intention to attend or have any person appointed by 3DIP attend the meeting of the board of directors or committee that has the power to make material decision of Toshiba either.
3DIP does not have the intention to require an answer or certain conduct to members of the board of directors or committee that has the power to make material decision of Toshiba concerning the business of Toshiba and/or Toshiba group companies.
In respect of information that has been prepared by 3DIP (and not otherwise attributed to any other party) and which appear in the English language version of this press release, in the event of any inconsistency between the English language version and the Japanese language version of this press release, the meaning of the English language version shall prevail unless otherwise expressly indicated.
Contacts
3D Investment Partners Pte. Ltd.
3DIPartners@3dipartners.com
View original content:
SOURCE 3D Investment Partners Pte. Ltd.
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JACKSON, Miss., April 6, 2022 /PRNewswire/ -- With tax-filing season a prime time for identity theft scammers to prey on unsuspecting consumers, AARP Mississippi and AARP Fraud Watch Network are offering a series of events to help Mississippians protect themselves and their families.
Telephone Town Hall – April 6
AARP Mississippi will present a telephone town hall, Avoiding Government Impostor Scams, at 6 p.m. on Wednesday, April 6. Scammers posing as IRS agents or Treasury Department officials call and try to convince taxpayers that they owe back taxes.
The telephone town hall will feature Amy Nofziger, Director of Fraud Victim Support for AARP Fraud Watch Network and Christine Footit, Brand Chief for Tax Outreach, Partnership and Education at the Internal Revenue Service. Listeners will be able to ask questions. To receive a call to join this telephone town hall, register at access.live/AARP-MS.
Shred Events
Reserve your spot for a free drive-through contactless shredding event sponsored by AARP Mississippi and AARP Fraud Watch Network. The shred events will be held in Holly Springs and Jackson.
In Jackson, the shred event will be held on April 20 at the Jackson Revival Center Church – Downtown, 4655 Terry Road. To register, visit www.aarp.org/ms.
In Holly Springs, the shred event will be held on April 27 at Holly Springs Main Street Chamber, 148 East College Ave. To register, visit www.aarp.org/ms.
These events are designed to help the 50-plus and their families protect themselves from fraud and scams. For more information, visit www.aarp.org/ms.
AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence and nearly 38 million members, AARP strengthens communities and advocates for what matters most to families: health security, financial stability and personal fulfillment. AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org, www.aarp.org/espanol or follow @AARP, @AARPenEspanol and @AARPadvocates, @AliadosAdelante on social media.
Contact: Ronda Gooden
601-898-5417, RGooden@aarp.org
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HANGZHOU, China and SHAOXING, China, April 6, 2022 /PRNewswire/ -- Ascletis Pharma Inc. (HKEX code: 1672) today announces that the Investigational New Drug (IND) application of its second fatty acid synthase (FASN) inhibitor ASC60 for treatment of advanced solid tumors has been approved by China National Medical Products Administration. ASC60 IND approval further strengthens Ascletis' oncology pipeline.
Many solid and hematopoietic tumors overexpress FASN, including non-small cell lung, breast, ovarian, prostate, colon, pancreatic cancers, recurrent glioblastoma (rGBM) and non-Hodgkin lymphoma. ASC60 (also known as TVB-3567 outside China) is an oral and very potent inhibitor of FASN, a key enzyme which regulates de novo lipogenesis (DNL). ASC60 inhibits energy supply and disturbs membrane phospholipid composition of tumor cells by blocking DNL. Based on preclinical data including efficacy in animal models, predicted human efficacious dose of ASC60 will be between 10 mg/m2 and 20 mg/m2.
"We are excited about China IND approval of ASC60. Together with the recent U.S. IND approval of ASC61, an oral PD-L1 small molecule inhibitor, we are exploring opportunities for all-oral combinations between oral PD-L1 small molecule inhibitor and FASN inhibitors as well as other oral anti-tumor drugs from our business partners." said Dr. Jinzi J. Wu, Founder, Chairman and CEO of Ascletis.
About Ascletis
Ascletis is an innovative R&D driven biotech listed on the Hong Kong Stock Exchange (1672.HK), a global platform covering the entire value chain from discovery and development to manufacturing and commercialization. Ascletis is committed to developing and commercializing innovative drugs in the areas of viral diseases, NASH/PBC, and cancer (oral cancer metabolic checkpoint and immune checkpoint inhibitors) to address unmet medical needs both in China and globally. Led by a management team with deep expertise and a proven track record, Ascletis targets those therapeutic areas with unmet medical needs from a global perspective, and efficiently advances the developments of pipelines with an aim of leading in global competition. To date, Ascletis has three marketed products and 20 robust R&D pipelines of drug candidates with global competitiveness, and is actively exploring new therapeutic areas.
1. Viral Diseases: (1) Hepatitis B Virus (functional cure): focus on breakthrough therapies for CHB functional cure with a subcutaneously-injected PD-L1 antibody – ASC22 and Pegasys® as cornerstone drugs. (2) COVID-19 pipeline: currently includes (i) ritonavir oral tablet (100 mg), an authorized product, (ii) ASC10, an oral RNA dependent RNA polymerase (RdRp) inhibitor and (iii) ASC11, an oral 3-chymotrypsin like protease (3CLpro) inhibitor. (3) HIV/AIDS: ASC22, an immune therapy to restore HIV-specific immune responses and eventually lead to a functional cure of HIV-infected patients. (4) Hepatitis C: successfully launched an all-oral regimen of combining ASCLEVIR® and GANOVO® (RDV/DNV regimen).
2. Non-alcoholic Steatohepatitis/Primary Biliary Cholangitis: Gannex, a wholly-owned company of Ascletis, is dedicated to the R&D and commercialization of new drugs in the field of NASH. Gannex has three clinical stage drug candidates against three different targets – FASN, THRβ and FXR, three fixed-dose combinations for NASH and one PBC program targeting FXR.
3. Cancer (oral cancer metabolic checkpoint and immune checkpoint inhibitors): a pipeline of oral inhibitors targeting FASN, which plays a key role in cancer lipid metabolism, and a pipeline of oral PD-L1 small molecule next generation immune checkpoint inhibitors.
4. Exploratory Indications: Acne: Following NASH and recurrent GBM, the third indication for ASC40 has been approved to enter Phase 2 clinical trial. For more information, please visit www.ascletis.com.
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SOURCE Ascletis Pharma Inc.
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VANCOUVER, BC and HOBRO, Denmark, April 6, 2022 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced it has received Europe's industry first Type Approval by DNV, one of the world's leading classification and certification bodies, for its marine fuel cell module FCwave™.
The Type Approval marks an important step in commercializing Ballard's fuel cell technology for marine applications and is key to including fuel cells as part of zero-emission solutions for the marine industry. The Type Approval process is extensive, involving a series of simulations and tests which were carried out at Ballard's global Marine Center of Excellence in Hobro, Denmark, where the FCwave™ is developed and manufactured.
"The new classification of FCwave™ has removed a significant roadblock in helping the marine industry deploy zero-emission technologies and meet global emission reduction targets," says Søren Østergaard Hansen, General Manager, Marine, Ballard Power Systems Europe A/S. "The Type Approval from DNV is highly important in building market confidence in hydrogen fuel cells and validates that FCwave™ is designed, tested and prepared for installation. The Type Approved FCwave™ module enables us to deliver the first deployment-ready fuel cell solution, capable of helping the marine sector take the next steps in implementing zero-emission operations."
The International Maritime Organization has set ambitious targets to cut GHG emissions from ships by at least 50% by 2050. The high-power FCwave™ module is a flexible solution that can support the energy needs of various vessel types as well as onshore power. The scalable 200kW power module offers a plug-and-play replacement for conventional diesel engines. The Type Approval certification confirms the design meets the stringent safety, functional, design and documentation requirements necessary for global marine commercialization.
Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars and forklift trucks. To learn more about Ballard, please visit www.ballard.com.
This release contains forward-looking statements concerning anticipated product performance and other characteristics, product deliveries and deployments. These forward-looking statements reflect Ballard's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballard's assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.
These statements involve risks and uncertainties that may cause Ballard's actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard's future performance, please refer to Ballard's most recent Annual Information Form. Readers should not place undue reliance on Ballard's forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward looking statements, other than as required under applicable legislation.
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| 2022-04-06T10:49:17
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PALO ALTO, Calif., April 6, 2022 /PRNewswire/ -- Clip Automation has acquired Sapphire Automation, a leading industrial SCADA software company. The acquisition allows Clip Automation, the industrial data intelligence platform, to expand its offerings and bring on Sapphire's equipment control and automation experts to further develop these capabilities.
Sapphire Automation's founding team, Nitin Parekh and Manoj Betaware, have joined Clip. Sapphire's customers will continue to have access to the same technology as before, with new integrations such as connectivity and collaboration available through the entire ClipSuite.
The Clip founding team, comprised of former Apple and Juul Labs executives, understands the need for data intelligence on manufacturing and warehouse floors. And with Supply Chain disruption top of mind for many companies, Clip is poised to capture the $287 billion Smart Manufacturing market.
Clip Automation's CEO, Rajeev Bhalla said, "Sapphire's leadership in industrial analytics builds on Clip's existing connectivity and collaboration solutions. We're excited to offer new capabilities to our existing customers and welcome new customers with these offerings."
The integration with Sapphire's technology facilitates fully customizable KPIs and reporting for actionable industrial insights. Sapphire's Automation Framework (SAFW) has already been integrated into Clip as Clip360.
"We've been users of Sapphire's products and know their product's value to customers. Sapphire's no-code equipment controls environment is a great addition to Clip product offering and will help our OEM customers accelerate their automation deployment. Together we will build a future where industry relies on modern data intelligence," said Sriny Sundararajan, CTO, Clip.
"We're thrilled to join Clip. As part of their product portfolio, we can now deliver a fully integrated industrial infrastructure technology stack," said Nitin Parekh, CEO, Sapphire Automation.
About Clip Automation
Clip is a modern industrial data intelligence platform; designed to connect people, processes and machine data. Clip unlocks value from equipment assets to make anything an IOT device. Clip extracts industrial equipment and process data and shares with MES and IT systems using edge and cloud solutions. Clip enables real-time access to industrial business intelligence. Learn more at clipautomation.com.
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| 2022-04-06T10:49:27
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- Latest financing round led by Acrew Capital and BNY Mellon, with continued investments from Goldman Sachs and Fidelity Investments.
- New funding will bolster the company's new crypto data intelligence product innovation and propel expansion into international markets.
- Coin Metrics has emerged as the clear market leader in the institutional space because it offers a comprehensive suite of institutional quality crypto intelligence products while maintaining open values.
BOSTON, April 6, 2022 /PRNewswire/ -- Coin Metrics, the leading provider of crypto financial intelligence, today announced that it raised $35 million in Series C financing, led by Acrew Capital and BNY Mellon. Goldman Sachs, Fidelity Investments, Highland Capital Partners, Avon Ventures and Morningside Technology Ventures are also continuing their investments in the company after participating in previous fundraising rounds. They are joined by new investors Cboe Global Markets, JAM FINTOP Blockchain, Mubadala Investment Company and Brevan Howard Digital.
Coin Metrics provides network data, market data, indexes and network risk solutions to the most prestigious institutions touching cryptoassets. This financing will bolster the company's new product innovation and help the company expand into adjacent spaces, elevating their ability to usher the world's premier financial institutions into crypto markets.
"Coin Metrics serves as a critical nexus for institutions in the digital asset space and has the potential to scale much further," said Tim Rice, co-founder and CEO of Coin Metrics. "This financing will enable us to accelerate both our business and product roadmap, including through continued investment in new novel risk, DeFi and other Dapp metrics, and in our world-class infrastructure. The quality of our crypto data and intelligence has generated tremendous interest from the growing number of premier financial institutions engaging in cryptoassets, prompting us to expand our customer success and growth efforts globally. We have assembled an experienced team of top crypto, data and financial services experts, and I am proud of the industry-leading work they continue to produce."
Following the completion of the company's $15 million Series B in 2021, Coin Metrics received SOC 2 Type 1 accreditation from Deloitte. Setting itself apart from other crypto data providers, Coin Metrics has emerged as the clear market leader in the institutional space because it offers a comprehensive suite of services – including on-chain data, a universal block explorer, market data and metrics, indexes and network risk management – while maintaining our core values of open, pioneering, elucidating and neutral.
"Developing a robust risk management framework is critical to our roadmap as we work toward launching digital asset services," said Katey Neate, Chief Risk Officer of BNY Mellon Asset Servicing & Digital. "Our strengthened alignment with Coin Metrics is another example of how we are leveraging leading technology solutions to develop this critical capability. With Coin Metrics, we have the opportunity to advance the capabilities and conversation, and ultimately raise the bar on risk management for digital assets as an industry."
"Given the complex, fragmented and decentralized nature of the crypto data space today, data providers that can organize this information in a transparent and accessible way are invaluable," said Mark Kraynak, Founding Partner of Acrew Capital. "Coin Metrics provides critical intelligence and superior crypto data insights to facilitate the path towards mainstream adoption of cryptoassets as more financial services firms and traditional investors look to enter this space. We are excited to be leading the company's Series C, which will help them continue to build out their institutional quality infrastructure."
Additional investors in previous fundraising rounds include Castle Island Ventures, Coinbase, Digital Currency Group, Communitas Capital, Dragonfly Capital, The Raptor Group, BlockFi, Animal Ventures and Collab+Currency.
With increased capital, the company will be able to make continued enhancements to infrastructure and reliability while scaling the business for greater international adoption. Coin Metrics' elite team of cryptonative experts and financial industry veterans will position the company to cement its reputation as the most trusted global provider of end-to-end crypto intelligence for institutions.
ABOUT COIN METRICS
Coin Metrics is the leading provider of crypto financial intelligence, offering network data, market data, indexes and network risk solutions to the most prestigious institutions touching cryptoassets. The company was founded in 2017 as an open-source project to determine the economic significance of public blockchains. Today, we expand on that original purpose to empower people and institutions to make informed crypto financial decisions. We aim to usher the world's premier financial institutions into crypto with the most trusted data and insights. For more information, visit www.coinmetrics.io.
Media Contact: Jamie Lovegrove
jamie.lovegrove@thericciardigroup.com
(301) 529-5085
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MIAMI, April 6, 2022 /PRNewswire/ -- At the Bitcoin 2022 conference in Miami today, leading global payments provider Checkout.com debuted its Demystifying Crypto: Shedding light on the adoption of digital currencies for payments in 2022 report, pointing to increasingly positive trends in the adoption of and appetite for using digital currencies for eCommerce.
The comprehensive report independently surveyed a total of 30,000 consumers and 3,000 merchants in 11 countries*, looking at behaviors and sentiments regarding commercial activity using cryptocurrencies. The first chapter of the report hones in on the specific trends in the 18-35 year old age bracket, of which there were 16,000 participants.
According to the findings, crypto is rapidly gaining in appeal among younger demographics in particular, with 40% of 18-35 year old consumers wanting and planning to use cryptocurrencies to pay for goods or services within the next year. That's up from less than 30% last year, and marks a substantial shift in attitude from digital currencies being seen as solely an investment vehicle to a means of doing business on a regular basis. It also sees consumers pacing ahead of online businesses, only 23% of which say they are planning to offer crypto payment as a method of payment by 2024.
This increased consumer openness to cryptocurrency is driven by a broader appetite for more convenient, safer payment methods. That is then matched by more merchants and third parties providing the underlying infrastructure to support those methods.
As a result, crypto is already having a material impact on merchants and the market overall. More than $2.5 billion worth of payments were made through Visa's crypto-backed card in the first fiscal quarter of 2022 alone[1]. And those merchants that embraced cryptocurrency payments experienced net-new growth, with 82% saying those options allowed them to rapidly attract new customers and reach new demographics.
Almost 70% of the merchants surveyed believe that the speed with which crypto payments can be made and settled has the potential to revolutionize their business models—with over 80% of merchants with existing crypto-payment options saying it was easier to settle than using fiat currencies.
"We believe this is the largest consumer survey of its kind, and the findings present a clear evolution of attitudes towards cryptocurrencies around the world. This is a legitimate transition from the early adoption phase to one that's more practical, pragmatic and positive overall," said Jess Houlgrave, head of strategy for crypto at Checkout.com.
"This transition means there's a groundswell in demand for fintech companies that can provide easy-to-deploy solutions and services to get merchants up and running with crypto payment options—and then help them optimize the process over time. We expect that trend to only get stronger over the coming year as we bridge more services into Web3."
Consumer attitudes and trust
Even with a solid technology foundation underpinning crypto, the momentum can still be volatile. To date, vendors and merchants have made a considerable effort to build trust in these services. And the rising acceptance of crypto at a consumer level has started to influence the way larger corporates are working with digital currencies.
According to the Checkout.com report, over a third of survey participants—including CFOs and corporate treasurers—are increasingly interested in holding stablecoins on their balance sheets. They see this as a way to use decentralized finance for treasury management.
Some are going as far as planning to pay vendors and employees in stablecoins—primarily in response to demand from those audiences, with 51% of companies reporting that at least some employees had expressed an interest in being paid in crypto.
More broadly, new communities of content creators, gamers, and gig workers are embracing crypto. Almost half (46%) of online creatives say their fans and audiences have sent them digital currencies to support their work. These communities are stretch-testing what is possible when it comes to the use of tokens and crypto, a preview of what's to come in the mainstream.
One other likely scenario held by 65% of C-level executives is that Web3 will materially change the B2C dynamic as consumers increasingly become producers. This market is expected to be significant, with the gaming economy forecasted to hit $260 billion by 2025[2], and the size of the creator economy hitting $104 billion[3]–and expected to rise.
"The cryptocurrency world is maturing and is increasingly being driven by utility, pragmatism and empowerment," added Houlgrave. "Checkout.com sees the potential for cryptocurrency to not only transform the way people transact, but also to potentially reinvent the dynamics of the entire digital economy."
The full report Demystifying Crypto: Shedding light on the adoption of digital currencies for payments in 2022 is now available for download at www.checkout.com/campaigns/demystifying-crypto. To learn more about Checkout.com's solutions for the crypto community, visit checkout.com/crypto.
*Report Methodology
The Demystifying Crypto report draws from an independent survey of 30,000 consumers and 3,000 merchants based in the US, UK, France, Spain, Italy, Germany, The United Arab Emirates (UAE), The Kingdom of Saudi Arabia (KSA), Hong Kong (HK), Singapore and Australia. The research was fielded via market research platform Qualtrics between February 2 - March 1 2022.
The majority of our sample have not yet held a digital asset but 40% plan to do so in 2022. A quarter of the sample identifies as keen gamers and 1% as professional gamers. The survey was conducted online and is therefore highly skewed towards a population with internet access and 86% of respondents own a smartphone. The consumer data has been represented as statistics per total population in each country surveyed. Businesses surveyed are digital-first platforms and marketplaces, Saas, gaming and entertainment, fintech and eCommerce merchants. Job titles surveyed included CEOs, CFOs, COOs, Group Treasurers, heads of eCommerce, payments leaders and other senior finance leaders.
About Checkout.com
Checkout.com is a global payments solution provider that helps businesses and their communities thrive in the digital economy. Purpose-built with performance, scalability and speed in mind, our modular payments platform is ideal for enterprise businesses looking to seamlessly integrate better payment solutions. With more than 1800 people across 19 offices worldwide, we offer innovative solutions that flex to your needs, valuable insights that help you get smart about your payments' performance, and expertise you can count on as you navigate the complexities of an ever-shifting world. It's why businesses like Crypto.com, Binance, Sony, SHEIN, Grab, Frasers Group and Moonpay trust Checkout.com.
[1] Visa Earnings call Q1 2022 https://investor.visa.com/financial-information/quarterly-earnings/default.aspx
[2] Global video game market value from 2020 to 2025, Statista, 2021
[3] The Creator Economy Report, The Influencer Marketing Factory, 2021
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Financing accelerates company's global growth and development of its platform to enrich HCP messaging solutions on endemic and point-of-care networks for life sciences companies
PARSIPPANY, N.J., April 6, 2022 /PRNewswire/ -- Doceree Inc, the first global network of physician-only platforms for programmatic messaging, today announced the completion of $11 million Series A funding round led by F-Prime Capital, a global investment firm backed by Fidelity. Eight Roads Ventures and Alkemi Growth Capital also participated in the round.
Doceree will use the funds to scale its global operations, expand partnerships, augment its product portfolio and advance the platform's measurement and behavior lift capabilities to bring greater transparency to results. It will also help it embolden healthcare professional (HCP) communications for pharma and life sciences brands, agencies and health information technology platforms.
"It is critical for industry players like life sciences companies and HCP-only platforms to understand and react to the digital touchpoints and behaviors of HCPs for delivering messages they resonate with," says Harshit Jain, M.D., Founder & Global CEO, Doceree. "Our identity resolution technology and tailored products for different markets that adhere to the country-specific regulations and guidelines make it easy for life sciences brands to engage with HCPs on digital mediums, while enabling publishers to improve engagement on their platforms with relevant medical information from pharmaceutical and life sciences brands."
Doceree's industry-first solutions, powered by proprietary identity-resolution technology, ESPYIAN™, enable messaging and targeting of HCPs on endemic (sites physicians visit for knowledge, professional enhancement or to connect with their peer group) and point-of-care (platforms where physicians tend to their patients) platforms. The platform enhances engagement between life sciences companies and their target audience through its global publisher network in a fast-evolving digital pharma marketing ecosystem.
Founded in 2019 by Harshit, a former physician who transitioned into the healthcare marketing space, Doceree empowers life sciences brands and media agencies with solutions that seamlessly reach HCPs on professional HCP networks and within their digital workflow to achieve better patient health outcomes. The company has refined HCP communications through its programmatic messaging capabilities to help marketers with more efficient, effective and transparent messaging campaigns.
"Doceree has identified a largely overlooked white space in digital pharma marketing and is delivering innovative solutions to address some of the most critical challenges that pharma companies face today," says Carl Byers, Partner, F-Prime Capital. "We were drawn to the company's vision and are looking forward to our partnership and continued support as they evolve into their next stage of growth."
On the back of massive interest of pharma brands and publishers towards Doceree's custom-built product offerings within the programmatic pharma marketing space, the company expanded to key international locations, such as emerging markets in the UK & Europe, within two years of the platform's launch in the U.S. The sophistication of Doceree's platform capabilities has created enormous opportunities for marketers and publishers in these geographies as it transforms the way pharma brands communicate with HCPs globally on physician-only platforms. Currently, Doceree is working with eight of the top 10 global pharma brands and the company currently engages more than 1 million HCPs across the globe.
"Doceree is transforming the way digital interactions between pharmaceutical brands and prescribers are facilitated," says Ashish Venkataramani, Partner, Eight Roads Ventures. "Pharma marketers navigate significant complexity across point-of-care systems and health information systems. Doceree's technology platform seeks to disrupt the fragmented value chain for digital messaging to physicians, and will be at the forefront of this promising sector."
Doceree's AI-powered solutions facilitate hyper-targeting of HCPs based on multiple triggers and at various touchpoints that enrich marketing initiatives digitally. The platform can precisely identify HCPs on professional platforms based on their behavior traits, diagnoses they carry out, prescriptions they write, and the procedures they perform to deliver relevant messaging from life sciences brands in a regulatory compliant manner.
Doceree Perform, the company's latest product, provides exceptional measurement proficiency for life sciences companies to evaluate campaign performances and to improve script lift with data-driven messages in the U.S. In India, the U.K. and the EU, ESPYIAN™ enables marketers to target HCPs at a specialty level, allowing pharma brands to reach them at scale based on their area of expertise. The company is set to introduce behavioral lift measurement offerings globally.
"For pharma, life sciences companies and publishers, having access to data-driven, actionable insights to strategize and implement communication initiatives is critical to reaching HCPs," says Rahul Gupta, Board Member, Doceree. "Doceree has proven the ability to efficiently connect stakeholders and is well-positioned to serve the needs of the pharma industry."
"In a world that has embraced online channels for virtual care during the last two years, reaching HCPs within digital point-of-care and endemic networks is having a resounding impact on communications for life sciences market," says Alka Goel, Founder, Alkemi Growth Captial. "Doceree's solutions are set to fuel adoption of programmatic messaging in the pharma marketing space."
About Doceree
Doceree is the first global network of HCP-only platforms for programmatic messaging. Doceree facilitates messaging between life sciences brands and healthcare professionals (HCPs) through an extensive global network of digital endemic and point-of-care platforms to programmatically deliver at scale accurate and transparent messages to HCPs. To learn more, visit doceree.com
About F-Prime Capital
F-Prime Capital, formerly Fidelity Biosciences and Devonshire Investors, is a global venture capital firm investing in life sciences, healthcare and technology. Since 1969, F-Prime has worked closely with entrepreneurs and academics to create innovative solutions to some of the world's most significant challenges in healthcare and technology. https://fprimecapital.com/
About Eight Roads Ventures
Eight Roads Ventures is a global venture capital firm managing $8bn of assets across offices in the UK, China, India, Japan, and the US. Our 50-year history of investing includes partnerships with over 300 companies such as Alibaba, AppsFlyer, BlackDuck, Cazoo, Chewy, Devoted Health, Flywire, Gloat, Hibob, Icertis, Kensho, Letgo, Made.com, Neo4j, Paidy, Ping Identity, Pony.ai, Toast, Wallapop, WuXi PharmaTech, and Xoom.
www.eightroads.com
About Alkemi Growth Capital
Alkemi Growth Capital is a growth investment firm that seeks to invest in healthcare and consumer wellness industry. The firm was founded in 2018 and is based in New Delhi, India. https://www.alkemivp.com/
Media Contacts:
Kanchan Dass
kanchan.dass@doceree.com
Richard Krueger
richard.krueger@doceree.com
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SOURCE Doceree Inc.
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https://www.1011now.com/prnewswire/2022/04/06/doceree-closes-11-million-series-funding-round-led-by-f-prime-capital/
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Strong partnership support through new investments by Repsol and Monarch and additional investments from Avenue and other existing shareholders
Financial data is expressed in Canadian dollars
MONTRÉAL, April 6, 2022 /PRNewswire/ - Enerkem, a world leader in the production of low-carbon intensity biofuels and circular chemicals from waste materials, announces the closing of a new financing totaling $255 million.
Repsol invests $170 million, of which $75 million is in Enerkem's equity. In doing so, Repsol joins existing shareholder Suncor Energy as a strategic shareholder to accelerate the adoption and deployment of Enerkem's technology and to develop new projects in the Iberian Peninsula (Spain and Portugal).
In addition, Monarch Alternative Capital, a new investor, is contributing $30 million to the round while Avenue Capital Group is reinvesting $30 million. Finally, there is $25 million reinvested by some existing shareholders.
Repsol becomes a strategic partner to accelerate Enerkem's deployment in Europe
Repsol is a global multi-energy company operating in 24 countries and leading the energy transition with its ambition of achieving zero net emissions by 2050. For Repsol, this partnership is a natural fit with the technological solution developed by Enerkem.
Since last year, the company has partnered with Enerkem and Agbar to build Ecoplanta Molecular Solutions in El Morrell, near Tarragona, Spain. The plant, scheduled to be operational in 2026, will use Enerkem's technology to process some 400,000 tonnes of non-recyclable solid waste per year and produce close to 240,000 tonnes of methanol. Among over 300 projects submitted by major European industrial groups last year, Ecoplanta Molecular Solutions was one of seven projects selected for financial support from the European Commission, with a confirmed grant of up to €106 million.
"We are pleased to welcome Repsol as a shareholder," said Dominique Boies, Chief Executive Officer of Enerkem. "Repsol is a global multi-energy supplier that will greatly assist in accelerating the deployment of our technology in new markets. Repsol's equity investment in Enerkem strengthens our position as a leader in the renewable fuels and chemicals sectors and in building a circular economy."
"At Repsol, we are truly proud to become a shareholder in Enerkem thus supporting its development to consolidate as a leader in waste gasification technology to produce renewable fuels and chemicals," added Juan Abascal, Executive Director for Industrial Transformation and Circular Economy of Repsol. "We anticipate that its cutting-edge technology, recently recognized by the EU Innovation Fund, will be key to the decarbonization and circularity of the chemical and fuel industry. Enerkem has several projects in different stages of development that will help Repsol accelerate its circular economy initiatives and open new paths for production of low-carbon fuels, synthetic fuels, and renewable chemical products."
Additional support from Monarch Alternative Capital and Avenue Capital Group
Monarch Alternative Capital, a leading investment firm with approximately US$9.5 billion of assets under management, is a new $30 million investor in Enerkem, attracted by the potential of Enerkem's technology to have a tangible impact on greenhouse gas reduction.
"We believe Enerkem's team and technology are uniquely positioned to provide a compelling, scalable solution to some of the world's hardest to decarbonize sectors," said Joseph Citarrella, Managing Principal at Monarch Alternative Capital. "Through our experience in and focus on reducing the carbon footprint of fuels and chemicals, we are delighted to partner with Enerkem and its investors to advance its important strategic objectives."
As an investor in Enerkem since 2020, Avenue Capital Group, through the Avenue Sustainable Solutions Fund, is reinvesting over $30 million. The fund promotes investments in private companies and projects with the goal of generating positive and measurable environmental and social impacts as well as financial returns.
"Enerkem continues to be a natural fit with our mission to drive measurable environmental impact," said John Larkin, co-manager of the Avenue Sustainable Solutions Fund and Head of Impact Investments. "We are excited to continue to back Enerkem's vision of decarbonizing industrial chemicals while offering a solution to municipal solid waste. Both are critical solutions in a sustainable future. "
These new investors are a great complement to the support of existing Enerkem investors such as Rho Ventures, Braemar Energy Ventures, Investissement Québec, Cycle Capital, Fonds de solidarité FTQ, Fondaction and Suncor Energy.
"We are privileged to have high-calibre international investors supporting our vision and the deployment of our disruptive technology. These endorsements confirm the added value of our technology in the efficient and sustainable management of residual waste and forest biomass, transforming them into circular chemicals and advanced biofuels for road, air and sea transportation. In this way, we will contribute to decarbonizing sectors of activity that have a large environmental footprint. The geographic expansion of our investor base will help position Enerkem as a leading provider of technology to improve the global environment. We hope that this financing round will have a significant ripple effect on other Quebec and Canadian investors to stimulate innovative clean technologies," concluded Dominique Boies.
J.P. Morgan Securities LLC served as exclusive placement agent to Enerkem Inc. in connection with the financing.
About Enerkem
Enerkem has developed and is marketing its breakthrough technology to produce, from non-recyclable waste, circular chemicals and advanced biofuels intended for hard to decarbonize sectors, such as sustainable aviation and marine fuels. Headquartered in Montreal, Quebec (Canada), Enerkem operates a full-scale commercial demonstration plant in Edmonton, Alberta, as well as an innovation centre in Quebec. A large-scale commercial facility is currently under construction in Varennes, Quebec (Canada) which will use Enerkem's technology. This also applies to agroforestry waste that, like urban waste, can be recycled into new products. Such technology can therefore diversify energy and chemical portfolios, as well as produce greener everyday products. It also provides a smart and sustainable alternative to landfilling and incineration. For more information, visit www.enerkem.com, follow us on Twitter @Enerkem or visit our LinkedIn or Facebook page.
About Repsol
Repsol is a global multi-energy supplier that facilitates the transition to a lower-emission energy model. It owns low-emission electricity generation assets and is developing several photovoltaic and wind renewable energy projects. Repsol has set itself the ambitious goal of being a company with zero net emissions by 2050 and has had a circular economy strategy in place since 2016, which it applies throughout the company's value chain, from obtaining raw materials to marketing products and services.
Focused on the circular economy, the company's chemical business will also make a decisive contribution to a more decarbonized economy and is committed to the efficiency of its industrial chemical processes. Its products are used to manufacture everyday objects that improve people's quality of life, well-being, and safety. Its wide range of chemical products extends from base petrochemicals to derivatives, and includes a wide range of polyolefins, all of which are 100% recyclable. The company also has three large petrochemical facilities in Europe where differentiated high value-added products are developed.
For more information, please visit: www.repsol.com
About Monarch Alternative Capital
Monarch Alternative Capital is a global investment firm founded in 2002 with approximately US$9.5 billion in assets under management. Monarch focuses primarily on opportunistic situations across corporate debt, real estate, capital solutions, and other market segments. Monarch draws on the skills and experience of its employees across offices in New York and London. For more information, visit www.monarchlp.com.
About Avenue Sustainable Solutions
The Avenue Sustainable Solutions Fund, L.P. seeks to provide creative financing solutions to high-growth companies that can demonstrate a measurable, positive environmental outcome alongside competitive financial returns. For additional information on Avenue Capital Group, which is a global investment firm with assets estimated to be approximately US$11.8 billion as of February 28, 2022, please visit www.avenuecapital.com.
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Combined BI solution is designed to help government and utility fleets solve rapidly growing challenges around sustainability initiatives and operational efficiencies.
MINNEAPOLIS, April 6, 2022 /PRNewswire/ -- Utilimarc, an industry leader in fleet analytics and authorized Geotab premier reseller, today announced its partnership with Geotab, a global leader in IoT and connected transportation. Through this partnership, Utilimarc and Geotab provide utility companies and municipalities with rich data-insights via a combined business intelligence (BI) solution to help solve proliferating problems in the industry including sustainability initiatives and operational efficiencies.
As the largest provider of Geotab telematics to utilities already, Utilimarc is expanding to provide its solutions to municipal government fleets. The combined solution empowers fleets with access to an advanced analytics platform that integrates Geotab's vehicle and driver data with operational system data- maintenance, charging station, and fuel cards- to deliver a single reporting solution.
Meeting electrification and emissions mandates while optimizing operational efficiencies and cutting costs, pose continual challenges for fleets today. Through this partnership, the Geotab and Utilimarc BI solution will enable utility and government fleets to effectively navigate emissions reduction, preventative maintenance, vehicle replacement and rightsizing initiatives.
For more information about Utilimarc and Geotab solutions click here
"Geotab and Utilimarc's missions remain strongly aligned: to be a source of trust and reliability for our customers. Through this partnership, our goal is to remain the go-to source to help utilities and municipalities better support their fleet and create proactive strategies to enhance fleet operations," said Chris Shaffer, CEO at Utilimarc.
The partnership has developed upon a collective understanding of the many challenges that these specific fleet industries face including:
- Data quality issues from disparate and unreliable fleet management systems
- Supply chain issues leading to procurement challenges
- Sustainability and reporting demands
- Pricing and costs associated with emerging technologies
Currently, Utilimarc and Geotab have partnered to help optimize fleets nationwide, click here to see some of those fleets.
About Geotab
Geotab is advancing security, connecting commercial vehicles to the cloud and providing data-driven analytics to help customers better manage their fleets. Geotab's open platform and Marketplace, offering hundreds of third-party solution options, allows both small and large businesses to automate operations by integrating vehicle data with their other data assets. As an IoT hub, the in-vehicle device provides additional functionality through IOX Add-Ons. Processing billions of data points a day, Geotab leverages data analytics and machine learning to help customers improve productivity, optimize fleets through the reduction of fuel consumption, enhance driver safety, and achieve strong compliance to regulatory changes. Geotab's products are represented and sold worldwide through Authorized Geotab Resellers. To learn more, please visit www.geotab.com and follow us @GEOTAB and on LinkedIn.
About Utilimarc
Headquartered in Minneapolis with remote teams around the world, Utilimarc is leading the industry in business intelligence solutions for enterprise fleets. They work alongside North America's highest performing fleet organizations to ensure their data is actionable and reliable to inform sustainable change. With 20 years of industry experience working with diverse data silos from the nation's largest utility fleets, Utilimarc developed their BI platform that connects and unifies fleet data sources into a single environment. The results of unifying data sources empower their customers to have a true understanding of the daily performance and utilization of their fleet assets. For more information visit www.utilimarc.com.
Media Contact: Dennis Jaconi, djaconi@utilimarc.com
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The Warsaw Stock Exchange opts for Infor Dynamic Enterprise Performance Management system for the GPW Group. Cogit will be responsible for implementation.
WARSAW, Poland, April 6, 2022 /PRNewswire/ -- Infor, the industry cloud company, announced today that GPW Group, which operates the Warsaw Stock Exchange, has selected Infor Dynamic Enterprise Performance Management (d/EPM) cloud-based software to support its planning and budgeting process. Cogit, one of Infor's leading European partners, is responsible for implementing the software within a year.
"Infor Dynamic Enterprise Performance Management is designed to manage complex business processes. It offers real-time full visibility into a business, allows for reliable planning, reporting, measuring past and current performance, predicting future activities, and much more," explains Barbara Najgebaur, Infor's channel account manager for Poland.
Learn more about Infor Dynamic Enterprise Performance Management (d/EPM): https://www.infor.com/solutions/financials-3/enterprise-performance-management
The GPW has decided to use a multitenant cloud system that integrates closely with the Infor OS (Operating Services) platform. This allows the implementation of new functionalities or innovations without disrupting daily operations. It also offers full reliability and ensures world-class levels of security, which factors are particularly important for financial institutions. The purpose of the new system at the GPW Group is to enable better efficiency and risk management, and to improve the decision-making process across the organization. Key areas supported by Infor's cloud solution include planning, monitoring and reporting, as well as management consolidation and procurement support in an integrated and scalable model.
"Our tasks include comprehensive design, parameterization and configuration of the system, along with its maintenance and development in all companies of the GPW Group. The project anticipates all the crucial processes to be launched this year, so they can be used in preparing GPW Group budget for 2023," explains Radosław Kozieja, CEO at Cogit.
About GK GPW
The Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie – GPW) is a leader among stock exchanges in Central and Eastern European by the number of listed companies and the total capitalization of domestic companies. The GPW's share in trading on stock exchanges in the region is 81%. The WSE is the leader of the Three Seas Exchanges initiative and aspires to the role of a regional hub for young, high-potential technology companies, the so-called unicorns. GPW is the most important source of capital for companies and local governments in the region, which contributes to the dynamic development of the Polish economy, new jobs, competitiveness of Polish companies in the international arena and, as a result, an increase in the wealth of the Polish society. The GPW Group operates platforms for trading shares, treasury and corporate bonds, derivatives, electricity and natural gas, and provides indices and benchmarks, including WIBID and WIBOR. In 2018, the FTSE Russell index agency qualified the Polish capital market to the group of developed markets. The markets operated by the GPW Group are the largest in Central and Eastern Europe. Visit https://www.gpw.pl/
About Cogit
Cogit (former Codec Polska) is one of the oldest consulting and implementation companies on the Polish market. It specializes in IT systems that support the use of data in management. Cogit helps teams, boards, managers and controllers to make better decisions and plan for the future based on data. Cogit focuses on effective support of management processes, including planning, budgeting, predicting, reporting, analysis and financial consolidation. Implemented solutions support all departments in an organization, from controlling and finance to sales, logistics and operations. In its work, it combines the knowledge and experience of business and IT experts. Visit https://cogit.global/company/
About Infor
Infor is a global leader in business cloud software specialized by industry. We develop complete solutions for our focus industries, including industrial manufacturing, distribution, healthcare, food & beverage, automotive, aerospace & defense, and high tech. Infor's mission-critical enterprise applications and services are designed to deliver sustainable operational advantages with security and faster time-to-value. We are obsessed with delivering successful business outcomes for customers, and we are continually innovating to quickly solve emerging business and industry challenges. Over 65,000 organizations in more than 175 countries rely on Infor's 17,000 employees and their deep industry expertise to help overcome market disruptions and achieve their business goals. As a Koch company, our financial strength, ownership structure, and long-term view empower us to foster enduring, mutually beneficial relationships with our customers, employees and partners. Visit www.infor.com.
Media contact
Michał Borkowski
Omega Communication
mborkowski@communication.pl
+48 668 298 375
Copyright ©2022 Infor. All rights reserved. The word and design marks set forth herein are trademarks and/or registered trademarks of Infor and/or related affiliates and subsidiaries. All other trademarks listed herein are the property of their respective owners. www.infor.com
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Diluted EPS of $0.38 on revenue of $683 million
Orders for 8,500 new railcars valued at $930 million creates largest new railcar backlog in six years
Fleet utilization increases to 98%
LAKE OSWEGO, Ore., April 6, 2022 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) ("Greenbrier"), a leading international supplier of equipment and services to global freight transportation markets, today reported financial results for its second fiscal quarter ended February 28, 2022.
Second Quarter Highlights
- New railcar orders for 8,500 units valued at $930 million and deliveries of 4,800 units resulted in a 1.8x book-to-bill.
- Diversified new railcar backlog as of February 28, 2022 was 32,100 units with a value of $3.6 billion.
- Railcar refurbishment and other transportation equipment backlog of 3,200 units valued at $180 million for delivery during fiscal 2022 and 2023 reflects Greenbrier's strong engineering and innovation capabilities. This activity is not included in new railcar backlog.
- Increased lease fleet utilization to 98%.
- Regular lease fleet optimization and monetization generated $120 million of proceeds and $25 million of gains.
- Net earnings attributable to Greenbrier for the quarter were $13 million, or $0.38 per diluted share, on revenue of $683 million.
- Quarter end liquidity increased to $804 million, including $587 million in cash and $217 million of available borrowing capacity.
- GBX Leasing completed the issuance of $323 million of asset-backed notes with a blended rate of 2.9%. The notes have a weighted average life of six years.
- Board declared a quarterly dividend of $0.27 per share, payable on May 10, 2022 to shareholders of record as of April 19, 2022 representing Greenbrier's 32nd consecutive quarterly dividend.
Lorie Tekorius, President and CEO, commented, "Greenbrier's commercial momentum continued during the second fiscal quarter of 2022, as we achieved our fifth consecutive quarter with a book-to-bill ratio exceeding 1.0x on orders approaching $1 billion. Greenbrier ended the quarter with backlog at levels last seen six years ago. Financial results in the quarter reflect our unique business model and the opportunities our lease fleet provides to further enhance our performance. This matters, particularly when we face evolving pandemic-related challenges, like intermittent labor shortages. Securing and receiving inputs for our products has the full attention of our global sourcing team. We are successfully navigating a supply chain experiencing higher raw material costs and, frequently, more expensive logistics activity. Robust order activity, strong liquidity and the evolution of our leasing business continues to strengthen Greenbrier, expanding our market position and earnings potential as we manage escalating costs and other operating strains."
William A. Furman, Executive Chairman, added, "The tragedy in Ukraine and its impact on commodity prices are likely to have far-reaching consequences to the global railcar industry, including growth in rail freight in many sectors. We are closely watching global commodity markets, including crude oil, grain and fertilizers, that are traditionally leading indicators for expansion in freight rail loadings. Now operating on four continents, Greenbrier is continuously assessing the effect of geopolitical developments, and actively working to support the safety and security of our employees and the cybersecurity of our information and data infrastructure. Since 2020, we have experienced some of the most daunting operating conditions in Greenbrier's history. We have not only survived, but we have thrived in this changing environment. Our industry-leading manufacturing footprint, our growing services business and our established capabilities allow us to meet these challenges directly, bringing customers the solutions that meet their needs."
Business Update & Outlook
Greenbrier continues to meet the challenges of emerging COVID variants while balancing economic, supply chain and labor volatility. Based on current business trends and production schedules for fiscal 2022, Greenbrier expects:
- Deliveries of 17,500 – 19,500 units including approximately 1,500 units in Greenbrier-Maxion (Brazil).
- Selling & administrative expense to be $200 - $210 million.
- Capital expenditures of $275 million in Leasing & Management Services, $55 million in Manufacturing and $10 million in Maintenance Services. Net of proceeds of equipment sales of approximately $150 million, capital expenditures in Leasing & Management Services will be $125 million.
Financial Summary
Segment Summary
Conference Call
Greenbrier will host a teleconference to discuss its second quarter of 2022 results. In conjunction with this news release, Greenbrier has posted a supplemental earnings presentation to our website.
Teleconference details are as follows:
- April 6, 2022
- 8:00 a.m. Pacific Daylight Time
- Phone: 1-888-317-6003 (Toll Free) 1-412-317-6061 (International), Entry Number "8138307"
- Real-time Audio Access: ("Newsroom" at http://www.gbrx.com)
Please access the site 10-15 minutes prior to the start time.
About Greenbrier
Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Through its wholly-owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars and marine barges in North America, Europe and Brazil. We are a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America through our rail services business unit. Greenbrier manages 431,000 railcars and offers railcar management, regulatory compliance services and leasing services to railroads and other railcars owners in North America. GBX Leasing (GBXL) is a special purpose subsidiary that owns and manages a portfolio of leased railcars that originate primarily from Greenbrier's manufacturing operations. GBXL and Greenbrier own a lease fleet of 11,000 railcars. Learn more about Greenbrier at www.gbrx.com.
THE GREENBRIER COMPANIES, INC.
Supplemental Leasing Information
(In millions, except owned and managed fleet, unaudited)
GBX Leasing (GBXL) was formed in April 2021 as a joint venture with The Longwood Group to own and manage a portfolio of leased railcars primarily built by Greenbrier. Greenbrier owns approximately 95% of GBXL and consolidates it in Greenbrier's financial statements in the Leasing & Management Services segment. GBXL provides an additional "go to market" element to Greenbrier's Commercial strategy of direct sales, partnerships with operating leasing companies, and origination of leases for syndication partners as well as providing a platform for further growth at scale. GBXL will produce strong tax-advantaged cash flows. The goal is to add at least $200 million in railcar assets annually at about 3:1 debt to equity (or 75%) based on the fair market value of assets with a five-year target of $1 billion of assets. GBX Leasing observes Greenbrier's established portfolio standards including investing in strong credits with a diverse equipment mix and staggered maturity ladders.
GBX Leasing's fleet value was nearly $400 million as of February 28, 2022 and Greenbrier expects to continue to grow GBX Leasing in the second half of fiscal 2022, utilizing the $350 million non-recourse railcar warehouse facility. In Q2, GBX Leasing issued $323 million of asset-backed ("ABS") notes with a blended rate of 2.9% and a weighted average life of six years. Subsequent to quarter end, Greenbrier entered into an additional interest rate swap agreement to fix the remaining floating portion of the Leasing non-recourse term loan. With this activity, the weighted average cost of debt for Greenbrier Leasing and GBX Leasing is 3.4%. Investing in leasing assets reduces Greenbrier's Manufacturing revenue and margin in the short-term but provides meaningful tax benefits, longer-term earnings and cash flow stability.
Key information for the consolidated Leasing & Management Services segment
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: This press release may contain forward-looking statements, including any statements that are not purely statements of historical fact. Greenbrier uses words, and variations of words, such as "believe", "build", "continue," "expect," "goal," "looking forward", "outlook," "position," "reduce," "will," and similar expressions to identify forward-looking statements. These forward-looking statements include, without limitation, statements about backlog and other orders, leasing performance, financing, future liquidity, cash flow, our ability to grow market share and deliver future value to our shareholders, tax treatment, and other information regarding future performance and strategies and appear throughout this press release including in the headlines and the sections titled "Second Quarter Highlights," a "Business Update & Outlook," and "Supplemental Leasing Information." These forward-looking statements are not guarantees of future performance and are subject to certain risks and uncertainties that could cause actual results to differ materially from the results contemplated by the forward-looking statements. Factors that might cause such a difference include, but are not limited to, the following: We are unable to predict when, how, or with what magnitude COVID-19, variants thereof, governmental reaction thereto, and related economic disruptions (including, among other factors, supply disruptions, inflation, and increases in interest rates) will negatively impact our business. General inflation (including rising energy prices, interest rates and wages and other escalators), currency volatility and policy interventions in reaction to such events could have negative impacts on our business by increasing our operating and borrowing costs as well as decreasing the capital available for our customers to purchase our goods and services, among other factors. Our business may be negatively impacted as a result of armed conflict in Ukraine and related events. The risks to our business that may emerge include, among others, transportation disruptions in Europe, heightened inflation, cyber disruptions or attacks, higher manufacturing and borrowing costs, disruptions in supply chains and availability of raw materials, interruptions in manufacturing operations and disruptions in credit markets. Our backlog of railcar units and marine vessels and other orders not included in backlog are not necessarily indicative of future results of operations. Certain orders in backlog are subject to customary documentation which may not occur. More information on potential factors that could cause our results to differ from our forward-looking statements is included in the Company's filings with the SEC, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's most recently filed periodic report on Form 10-K and subsequent reports on 10-Q. Except as otherwise required by law, the Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's opinions only as of the date hereof.
Adjusted Financial Metric Definitions
EBITDA is not a financial measure under generally accepted accounting principles (GAAP). This metric is a performance measurement tool used by rail supply companies and Greenbrier. You should not consider this metric in isolation or as a substitute for other financial statement data determined in accordance with GAAP. In addition, because this metric is not a measure of financial performance under GAAP and is susceptible to varying calculations, the measure presented may differ from and may not be comparable to similarly titled measures used by other companies.
We define EBITDA as Net earnings (loss) before Interest and foreign exchange, Income tax benefit (expense), Depreciation and amortization and Net loss on extinguishment of debt. We believe the presentation of EBITDA provides useful information as it excludes the impact of financing, foreign exchange, income taxes and the accounting effects of capital spending. These items may vary for different companies for reasons unrelated to the overall operating performance of a company's core business. We believe this assists in comparing our performance across reporting periods.
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Market barriers include regulatory, technical, and economical challenges coupled with the lack of hydrogen infrastructure
BOULDER, Colo., April 6, 2022 /PRNewswire/ -- A new report from Guidehouse Insights explores the growth and market penetration of water electrolysis technologies that use renewable energy to produce hydrogen and estimates capacity and revenue growth for these electrolyzers globally.
Hydrogen is an important topic in the energy transition. When produced using renewable energy, hydrogen has the potential to provide large-scale decarbonization solutions in sectors that have been hard to abate. The reduction in costs for producing green hydrogen is propelling the hydrogen economy, a trend that will most likely continue until 2031. According to a new report from Guidehouse Insights, the global capacity for water electrolysis technologies is expected to reach approximately 104.6 GW by 2031, growing at a compound annual growth rate (CAGR) of 62.6%.
"Market growth for electrolyzers is expected to be driven by factors such as decreasing capital costs, declining feedstock costs, and an overall push for decarbonization," says Shantanu Chakraborty, senior research analyst with Guidehouse Insights. "Additionally, policies, such as subsidies, limits on fossil fuels, and carbon taxes, can drive the market even further."
While alternative methods for producing hydrogen through water electrolysis are becoming more desirable and cost-effective, they still face various barriers that stem from regulatory, technical, and economical challenges coupled with the lack of hydrogen infrastructure, according to the report.
The report, Market Data: Electrolyzers, explores the growth and market penetration of water electrolysis technologies that use renewable energy to produce hydrogen. Technologies covered in this report include alkaline electrolyzers (AELs), proton exchange membrane (PEM) electrolyzers, solid oxide electrolysis cells (SOECs), and anion exchange membrane (AEM) electrolyzers. The goal of this report is to estimate capacity and revenue growth for these electrolyzers globally. These estimates are segmented geographically across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. For each region, in-depth analysis on the distribution of electrolyzer capacity by type and their associated revenue is provided. An executive summary of the report is available for free download on the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today's rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team's research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
About Guidehouse
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 12,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.
* The information contained in this press release concerning the report, Market Data: Electrolyzers, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report's conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.
For more information, contact:
Jennifer Peacock
+1.404.575.3859
jpeacock@guidehouse.com
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- The Pacific Cigar Co. LTD and Infifon Hong Kong Limited, exclusive distributors of Habanos, S.A., have presented in a 'virtual unboxing' the new H. Upmann Magnum 52 vitola, in commemoration of the Chinese New Year
HAVANA, April 6, 2022 /PRNewswire/ -- Habanos, S.A., together with its distributors for Asia Pacific and China, The Pacific Cigar Company and Infifon Hong Kong Limited, presented its new H. Upmann Magnum 52 vitola through a virtual "unboxing" to celebrate the product's arrival on the market.
H. Upmann's Magnum 52 (52 x 148 mm length) is a vitola that is produced in limited quantities but will be available in all Habanos's markets. This vitola is presented in a special box containing 18 Habanos "Totally Handmade with Long Filler," after a careful selection of the wrapper, filler and binder leaves from the Vuelta Abajo* area in the Pinar del Río* region (Cuba), which is considered to be the origin of the world's best tobacco products.
"Considering that China was Habanos, S.A.'s leading market in terms of sales volume in 2020, we are pleased to commemorate the Chinese New Year for the third consecutive year with a vitola such as 'Magnum 52' under the H. Upmann brand. We are convinced that Habanos aficionados will enthusiastically welcome this worldwide launch, which will be available in all markets, albeit in limited quantities as it is an exclusive production," said Mr. Leopoldo Cintra González, Commercial Vice President, and Mr. José María López Inchaurbe, Vice President of Development at Habanos, S.A.
Mr. Dag Holmboe, CEO of The Pacific Cigar Company, said: "H. Upmann's Magnum 52 is a new vitola that manifests the refined character of the brand with mild to medium strength, and that offers its very high quality and inimitable aroma. We expect a great reception from Habanos aficionados in the Asian market."
Herman Upmann was a German banker whose love for Cuban cigars led him to settle in Havana in 1840. He founded a bank and a Habanos factory in the city. Eventually, the bank closed down, but his brand of premium cigars remains to this day. All its cigars are "Totally Handmade with Long Filler," with leaves from the Vuelta Abajo* area, in the Pinar del Rio* region.
The Pacific Cigar Company Limited (PCC) and Infifon HK Ltd. are the exclusive distributors of Habanos, S.A. for the Asian region.
Tasting notes
H. Upmann Magnum 52
Size: 52 x 148 mm long
- Beautiful wrapper and masterfully crafted
- Roasted aromas right from the start
- Excellent combustion
- Perfect draw
- An Habano with great quality and balance
- Balanced medium strength
- Perfect with Ron 11 Years Old and medium roast Arabica coffee
- Smoking time about one hour
Corporación Habanos, S.A.
Corporación Habanos, S.A. is a world leader in the commercialization of Premium cigars both in Cuba and in the rest of the world. For this purpose, it has an exclusive distribution network present in the five continents and in more than 150 countries. For more information, please visit www.habanos.com.
Habanos, S.A. commercializes 27 Premium brands made entirely by hand and identified as Protected Designation of Origin (P.D.O.), including Cohiba, Montecristo, Romeo y Julieta, Partagás, Hoyo de Monterrey and H. Upmann, among others. Habanos Cuban cigars have been made entirely by hand for more than 500 years and since then they have become a benchmark worldwide.
* Protected Designation of Origin
Further information about Habanos, S.A.:
www.habanos.com
https://www.instagram.com/habanos_oficial/
https://twitter.com/Habanos_Oficial
https://www.youtube.com/channel/UCstGLy96wdZG7eCM4855_DA
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The award-winning craft brewery in Lafayette will host an Earth Day event on 4/22 benefitting East Bay Regional Parks Foundation.
LAFAYETTE, Calif., April 6, 2022 /PRNewswire/ -- Headlands Brewing Co, a Lafayette, CA brewery, is proud to announce that it has joined 1% for the Planet, pledging 1% of all sales to support nonprofit organizations focused on the environment. In celebration, they will be hosting an event at Headlands' Brewery and Beer Garden in Lafayette, CA in partnership with East Bay Regional Parks Foundation on Earth Day, April 22.
"Headlands Brewing was built on adventure and passion for the outdoors, and since day 1 we've worked with a number of amazing partners such as the East Bay Regional Parks Foundation, Bay Area Ridge Trail, and others who are focused on helping preserve and protect our environment," said Austin Sharp, Chief Executive Officer at Headlands Brewing Co. "Formalizing our commitment to donate our money, minds and energy to 1% for the Planet is one of the easier decisions we've made".
"Currently, only 3% of total philanthropy goes to the environment, and only 5% of that comes from businesses. The planet needs a bigger support than this, and our growing network of business members is doing its valuable part to increase giving and support on-the-ground outcomes. We're excited to welcome Headlands Brewing to our global movement," says Kate Williams, CEO of 1% for the Planet.
By contributing 1% of their annual sales, thousands of 1% for the Planet members have raised over $300 million to support approved environmental nonprofits around the globe. Nonprofits are approved based on referrals, track record and environmental focus. Thousands of nonprofits worldwide are currently approved.
During the Earth Day event on April 22, Headlands will be launching their Trailblazer Series beer, Briones Hazy IPA, in partnership with the Regional Parks Foundation. $1 for every 4-pack of Briones sold, at the taproom and in stores around the Bay Area, will be donated to the foundation. They will also be donating 10% of all taproom sales for the day to the foundation. It will be a fun day of festivities including live music by local band Swamp Cake from 3-6pm, a pop up from a local environmentally-friendly shop Resourcefill, and smash burgers on the outdoor grill.
For more information about Headlands Brewing Co, follow @headlandsbrew on Instagram and Facebook.
About Headlands Brewing Co
The Headlands Brewery and Beer Garden is located at 3420 Mt Diablo Blvd in Lafayette, CA. They feature small batch ales exclusively available at the brewery, as well as guest beers, local wines and ciders, and a light, creative food program. Hours are Tuesday-Thursday 3pm-9pm, Friday & Saturday 12pm-10pm, Sunday 12pm-8pm.
About 1% for the Planet
1% for the Planet is a global organization that exists to ensure our planet and future generations thrive. They inspire businesses and individuals to support environmental nonprofits through membership and everyday actions. They make environmental giving easy and effective through partnership advising, impact storytelling and third-party certification.
Started in 2002 by Yvon Chouinard, founder of Patagonia, and Craig Mathews, founder of Blue Ribbon Flies, their business members and individual members have given hundreds of millions of dollars to our approved nonprofit partners to date. Today, 1% for the Planet's global network consists of thousands of businesses, individuals and environmental nonprofits working toward a better future for all.
Learn more at onepercentfortheplanet.org.
MEDIA CONTACT:
Headlands Brewing Co
Dyana Lovold
dyana@headlandsbrewing.com
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| 2022-04-06T10:50:42
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SAN FRANCISCO, April 6, 2022 /PRNewswire/ -- House Rx, Inc. a health technology company focused on improving affordability and patient access to specialty medications, announced an agreement with the National Cancer Treatment Alliance (NCTA), a coalition of independent community oncology practices organized in a clinically integrated network (CIN), to develop software that provides analytics around the network's physician dispensing quality measures.
House Rx, which has developed a proprietary technology platform for specialty clinics to integrate specialty medication dispensing into their operations, will develop software for NCTA to extract data from NCTA's clinically integrated network data warehouse and calculate performance against established quality metrics for participating specialty clinics. House Rx will also create user-friendly analytics dashboards for clinics to use in complying with NCTA's CIN quality guidelines and to track and compare their dispensing quality metrics to other participating clinics. At the outset of the partnership, House Rx will develop software for 10 clinical metrics established by NCTA's data use committee.
"Quality metrics are the backbone of value-based contracting agreements important to both employers and commercial payers," said Robert Baird, RN, MSA, President of NCTA. "We are proud to partner with House Rx to deploy its software and give our physician partners deep insights into their quality initiatives, along with using those metrics to demonstrate the value of medically integrated dispensing as well as the value of independent, community oncology to purchasers."
NCTA is led by the Community Oncology Alliance (COA), the only national non-profit organization dedicated solely to advocating for independent, community oncology practices and, most importantly, the patients they serve. A subsidiary of COA, NCTA has created a clinically integrated network of oncology practices to contract directly with employers and insurers for cancer drugs and services. The goal is to enable self-funded health care purchasers and their covered lives to have access to the high quality, affordable, and locally accessible cancer care.
House Rx, which was founded in 2021 by former Flatiron Health executives Ogi Kavazovic and Tesh Khullar, recently announced it secured $25 million in Series A funding and also signed a partnership agreement with Northwest Medical Specialists, a leading oncology practice with 14 medical oncologists and 14 advanced practice providers caring for patients at seven locations across Washington state.
"Our expertise – both in developing software and helping oncology practices easily implement it – will help NCTA's CIN members demonstrate tremendous value to employers and payers, who are increasingly looking for high-quality oncology practices to manage their cancer care programs," said Tesh Khullar, Co-Founder and President of House Rx. "We're excited to use our expertise to showcase the clinical value of medically integrated dispensing for patients."
About House Rx:
House Rx is a technology-enabled service company focused on making specialty medication more accessible and affordable. We do so by helping clinics dispense specialty medications to their patients in a medically-integrated way using pharmacist expertise and modern technology. By helping physicians and pharmacists collaborate on patient care, we're able to improve patient outcomes, lower the cost of care, and create a better experience for patients and their caregivers.
About NCTA:
The National Cancer Treatment Alliance (NCTA) is a national network of leading, independent community oncology practices that are making cancer care better by enabling self-funded health care purchasers and their covered lives to have access to the high quality, affordable, and locally accessible cancer care. A public benefit corporation, NCTA is solely owned by the Community Oncology Alliance (COA), the only organization dedicated solely to independent, community oncology where the majority of Americans with cancer are treated. Working with a national network of independent, community oncology practices, NCTA provides information, resources, and education to employers and other stakeholders to improve our nation's cancer care system. Learn more at www.NCTAcancer.com.
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| 2022-04-06T10:50:49
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Including 25.4 g/t Au over 3.9 m & 12.6 g/t Au over 3.0 m
RENO, Nev., April 6, 2022 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (OTCQX: IAUCF) ("i-80", or the "Company") is pleased to announce continued positive assay results from the ongoing underground drill program at the Company's Granite Creek Property ("Granite Creek" or "the Property") located in Humboldt County, Nevada.
New high-grade results are from drilling from the 4790 Level targeting mineralization in the Range Front, Adam Peak, and Otto fault horizons, the first area being targeted for mining and located proximal to and below existing mine workings (see Table 1). Multiple target areas are being drilled from underground including testing the down-dip potential of the Otto, Adam Peak and Ogee Zones. The deepest hole drilled to test the extension at depth of the main mine horizons in the ongoing program, iGS21-15, intersected high-grade gold mineralization in multiple horizons including 13.3 g/t Au over 13.1m & 20.3 g/t Au over 7.5m & 10.1 g/t over 17.5 m with true width being 33-55% of intercepts.
Highlight results from initial underground drilling from Level 4790 include:
- 25.4 g/t (grams per tonne) Au (gold) over 3.9 m in hole iGU21-27
- 12.6 g/t Au over 3.0 m in hole iGU21-28
- 10.8 g/t Au over 1.2 m in hole iGU21-29
- 13.4 g/t Au over 1.1 m in hole iGU21-30
- 14.7 g/t Au over 1.5 m, 10.2 g/t Au over 3.5 m & 7.5 g/t Au over 6.1 m in hole iGU21-31
- 19.3 g/t Au over 1.1 m, 8.0 g/t Au over 3.0 m & 9.4 g/t Au over 2.9 m in hole iGU21-32
The current program is expected to comprise more than 30,000 metres (m) from surface and underground with continued assay results to be provided as received. The primary goal of the 2022 drill program is to advance underground opportunities to production with refractory mineralization from the underground operation at Granite Creek initially trucked to Twin Creeks for processing, pursuant to the agreement recently entered into with Nevada Gold Mines, until such time that the Company's Lone Tree facility is operational.
Tyler Hill, Senior Geologist of i-80, commented: "These results continue to delineate high-grade mineralization in multiple zones being defined in advance of mining at Granite Creek. We have added additional underground infrastructure in order to commence stepping out at depth where we continue to see high-grade intercepts including 7.4 g/t Au across 73.2 metres in iGS21-15 (see press release dated February 8, 2022). We also remain primarily focused on defining the new South Pacific Zone where we are seeing strong alteration and faulting in most holes drilled to-date."
The Granite Creek Property is strategically located proximal to Nevada Gold Mines' Turquoise Ridge and Twin Creeks mines at the north end of the Battle Mountain-Eureka Trend, at its intersection with the Getchell gold belt in Nevada. High-grade mineralization occurs in a near-identical geological setting as that at the multi-million ounce Turquoise Ridge Mine located immediately to the north; proximal to a major regional fault (the Getchell or Range Front fault) on the eastern edge of the large Osgood Mountains intrusive complex (see Figure 3). The Granite Creek deposit remains open at depth and along strike from the existing underground workings and step-out drilling aimed at expanding resources is currently underway.
Table 1 – Summary Assay Results from Level 4790 Drilling
Owing to the success of the ongoing drilling in expanding mineralization, the program has been increased to 30,000 metres in 2022. In addition to the underground program at Granite Creek, the Company continues to advance permitting for open pit mine on the Property including heap leach processing on-site.
All samples were submitted to either ALS Minerals (ALS) or Paragon Geochemical Assay Laboratories (PAL) both of Sparks, NV, which are ISO 9001 and 17025 certified and accredited laboratories, independent of the Company. Samples submitted through PAL and ALS are run through standard prep methods and analysed using FA-Pb30-ICP (Au; 30g fire assay) and 48MA-MS (48 element Suite; 0.5g 4-acid digestion/ICP-MS) methods for PAL and Au-AA23 (Au; 30g fire assay) and ME-ICP41 (35 element suite; 0.5g Aqua Regia/ICP-AES) for ALS. ALS and PAL also undertake their own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. i-80 Gold Corp's QA/QC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results.
Tim George, PE, Mine Operations Manager, reviewed the technical and scientific information contained in this press release and is a Qualified Person within the meaning of NI 43-101.
i-80 Gold Corp. is a well-financed, Nevada-focused, mining company with a goal of achieving mid-tier gold producer status through the development of multiple deposits within the Company's advanced-stage property portfolio to complement existing gold production from the Ruby Hill open pit.
Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including but not limited to, the expansion or mineral resources at Granite Creek and the potential of the Granite Creek project. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release.
Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to: material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations.
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- Dr. Mackey formerly served as Senior Vice President of Pfizer Worldwide Research and Development and as Director of Pfizer's La Jolla Laboratories
SOUTH SAN FRANCISCO, Calif., April 6, 2022 /PRNewswire/ -- IDEAYA Biosciences, Inc. (NASDAQ: IDYA), a synthetic lethality focused precision medicine oncology company committed to the discovery and development of targeted therapeutics, announced the appointment of Catherine Mackey, Ph.D., to its Board of Directors.
Dr. Mackey brings over 30 years of life sciences research, development and operational experience to IDEAYA. As Senior Vice President of Pfizer Worldwide Research and Development and Director of Pfizer La Jolla Laboratories, she established a premier research and development capability and a robust drug pipeline of oncology therapeutics, including sunitinib (Sutent), axitinib (Inlyta), crizotinib (Xalkori) and palbociclib (Ibrance). She earlier served as Pfizer's Head of Strategic Alliances and Genomic and Proteomic Sciences.
Dr. Mackey also has considerable relevant experience as a Board Director of several public and private companies. She currently serves as a Director of AVID Bioservices, Rady Children's Hospital and Rady Children's Institute of Genomic Medicine, and as Chairman of the Board of Directors of Cour Pharma, a privately held, clinical stage immunology company. She previously served as a Director on the Boards of Trillium Therapeutics, Poseida Therapeutics, GW Pharma, Evolve Biosystems, Sequenom, Viventia Bio, YM Biosciences and Althea Technologies.
"Catherine's extensive oncology research and development experience will be invaluable to IDEAYA as we enhance our industry leading synthetic lethality platform and advance our first-in-class synthetic lethality pipeline targeting genetically-defined patient populations," said Yujiro S. Hata, President and Chief Executive Officer, at IDEAYA Biosciences.
"I am pleased to join IDEAYA as it targets multiple clinical milestones, including advancing its Phase 1 MAT2A inhibitor IDE397 into monotherapy expansion and clinical combination cohorts, and obtaining regulatory feedback for its Phase 2 PKC inhibitor darovasertib on a potential registration-enabling study," said Dr. Mackey. "IDEAYA's late-stage preclinical pipeline is also maturing with potential first-in-class PARG and Pol Theta programs targeting IND-enabling studies."
About IDEAYA Biosciences
IDEAYA is a synthetic lethality-focused precision medicine oncology company committed to the discovery and development of targeted therapeutics for patient populations selected using molecular diagnostics. IDEAYA's approach integrates capabilities in identifying and validating translational biomarkers with drug discovery to select patient populations most likely to benefit from its targeted therapies. IDEAYA is applying its early research and drug discovery capabilities to synthetic lethality – which represents an emerging class of precision medicine targets.
Forward-Looking Statements
This press release contains forward-looking statements, including, but not limited to, statements related to (i) monotherapy expansion and clinical combination of IDE397, (ii) obtaining regulatory feedback for darovasertib, and (iii) IND-enabling studies for PARG and Pol Theta. IDEAYA undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of IDEAYA in general, see IDEAYA's Annual Report on Form 10-K filed on March 18, 2022, and any current and periodic reports filed with the U.S. Securities and Exchange Commission.
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| 2022-04-06T10:51:03
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BEIJING, April 6, 2022 /PRNewswire/ -- Jianpu Technology Inc. ("Jianpu," or the "Company") (NYSE: JT), a leading independent open platform for discovery and recommendation of financial products in China, today announced that it will report its second six months and fiscal year 2021 unaudited financial results, on April 12, 2022, before the open of U.S. markets.
The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on April 12, 2022 (8:00 PM Beijing/Hong Kong time on April 12, 2022).
Dial-in details for the earnings conference call are as follows:
Participants should dial-in at least 5 minutes before the scheduled start time and ask to be connected to the call for "Jianpu Technology Inc.".
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.jianpu.ai.
A replay of the conference call will be accessible approximately one hour after the conclusion of the live call until April 19, 2022, by dialling the following telephone numbers:
About Jianpu Technology Inc.
Jianpu Technology Inc. is a leading independent open platform for discovery and recommendation of financial products in China. The company connects users with financial service providers in a convenient, efficient, and secure way. By leveraging its proprietary technology, Jianpu provides users with customized search results and recommendations tailored to each user's particular financial needs and profile. The Company also enables financial service providers with sales and marketing solutions to reach and serve their target customers more effectively through integrated channels and enhance their competitiveness by providing them with tailored data, risk management services and solutions. The Company is committed to maintaining an independent open platform, which allows it to serve the needs of users and financial service providers impartially. For more information, please visit http://ir.jianpu.ai.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, financial condition and results of operations; the Company's expectations regarding demand for, and market acceptance of, its solutions and services; the Company's expectations regarding keeping and strengthening its relationships with users, financial service providers and other parties it collaborates with; trends, competition and regulatory policies relating to the industries the Company operates in; general economic and business conditions globally and in China; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Jianpu Technology Inc.
(IR)Oscar Chen, E-mail: IR@rong360.com
(PR)Amanda Hu, E-mail: Media@rong360.com
Tel: +86 (10) 6242-706
Christensen Advisory
Suri Cheng, E-mail: scheng@christensenir.com
Tel: +86 185 0060 8364
Anthony Cheong, E-mail: acheong@christensenir.com
Tel: +852 2232 3922
In US:
Christensen Advisory
Linda Bergkamp, E-mail: lbergkamp@christensenir.com
Tel: +1 480 353 6648
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MEDFORD, Ore., Apr. 6, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced its first quarter 2022 earnings will be released before the market opens on Wednesday, April 20, 2022. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
How to Participate
The conference call may be accessed by telephone at (877) 407-8029. To listen live on our website or for replay, visit investors.lithiadriveway.com and click on quarterly earnings.
About Lithia & Driveway (LAD):
LAD is a growth company focused on profitably consolidating the largest retail sector in North America through providing personal transportation solutions wherever, whenever, and however consumers desire.
Sites
www.lithia.com
investors.lithiadriveway.com
www.lithiacareers.com
www.driveway.com
www.greencars.com
www.drivewayfinancecorp.com
Lithia & Driveway on Facebook
https://www.facebook.com/LithiaMotors
https://www.facebook.com/DrivewayHQ
Lithia & Driveway on Twitter
https://twitter.com/lithiamotors
https://twitter.com/DrivewayHQ
https://twitter.com/GreenCarsHQ
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| 2022-04-06T10:51:16
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Main Event CEO Chris Morris to be named CEO of the combined entity upon closing
DALLAS, April 6, 2022 /PRNewswire/ -- Main Event Entertainment, Inc. ("Main Event" or the "Company") today announced that Ardent Leisure Group Limited (ASX: ALG) ("Ardent Leisure") and RedBird Capital Partners ("RedBird") have entered into an agreement with Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) (Dave & Buster's) to acquire Main Event. Upon closing of the transaction (the "Closing"), Main Event's current Chief Executive Officer Chris Morris will be named Chief Executive Officer of Dave & Buster's.
Main Event is one of the fastest-growing family entertainment brands in the country, with 50 operating locations nationwide. Main Event offers the most fun under one roof with state-of-the-art bowling, laser tag, hundreds of arcade games and virtual reality, making it the perfect place for families to partake in shared and memorable experiences.
"We are thrilled to join the Dave & Buster's family," said Chris Morris, Main Event's Chief Executive Officer. "We will undoubtedly benefit from the collective expertise and strong culture of both brands, particularly as we continue to accelerate Main Event's aggressive expansion plans."
The transaction represents a total enterprise value of $835 million and is projected to close later this year, with specific timing subject to customary closing conditions, including approval by Ardent Leisure shareholders and the expiration of the waiting period under the HSR Act. The acquisition is a transformational opportunity to merge two thriving brands that target uniquely different demographics and enhance the breadth of offerings and experiences to each brand's guests. Main Event will continue to operate as a distinct brand serving families of all ages under Dave & Buster's.
Dr Gary Weiss, Chairman of Ardent Leisure, said "Ardent Leisure has partnered with the Main Event brand since 2006 as the company has grown from its Dallas foundations to 50 locations nationwide today. We are particularly proud of our significant involvement in the rejuvenation of Main Event over the last four years and this transaction reflects the culmination of significant value creation that has been achieved by Ardent Leisure and the Main Event management team over this time."
Gerry Cardinale, Managing Partner of RedBird, said "The transaction with Dave & Buster's is a great outcome for Ardent Leisure and for Main Event. We have valued our partnership with Gary Weiss and the Ardent Leisure team as they have worked to create value for shareholders. Our Dallas team worked closely with the Main Event leadership team over the last two years and we are exceptionally pleased that Chris Morris will be appointed CEO of Dave & Buster's when the transaction is completed. We look forward to their continued growth and success as a combined company."
Upon Closing, the combined company will be led by Chris Morris and will create enhanced synergy and unique opportunity of growth for both brands. Chris joined Main Event in 2018 and brought more than 20 years of experience with multisite businesses, including over six years in the family entertainment business. Over Morris' four-year tenure with the brand, Main Event has expanded its center footprint by over 30% and more than doubled EBITDA.
"During my tenure with the brand, I have experienced firsthand the fantastic mission and enormous potential Main Event offers and see this as a transformational opportunity to further strengthen the brand," said Chris Morris, adding, "I'm looking forward to enhancing the offerings and experiences of each brand and providing even more opportunity for our team members. Main Event is a perfect complement to Dave & Buster's, and I feel very honored to lead the growth of both brands."
"As we have come to know Chris Morris, we have been very impressed by his execution capabilities and focus on profitable growth," said Kevin Sheehan, Dave & Buster's Board Chair and Interim Chief Executive Officer. "Chris is a proven and successful transformational leader who is capable of taking the combined organization to the next level. It is clear Main Event has a strong culture that shares many values in common with our own. We very much look forward to joining these two great teams together."
Sheehan will return to his role as Board Chair following the completion of the acquisition.
About Main Event Entertainment, Inc.
Founded in 1998, Dallas-based Main Event operates 50 centers in 17 states across the country. Main Event offers the most fun under one roof with state-of-the-art bowling, laser tag, hundreds of arcade games and virtual reality, making it the perfect place for families to connect and make memories. Main Event is a premier sponsor of Special Olympics International, supporting via fundraising and serving as a venue for Special Olympics events nationwide. Main Event also is a proud partner of the Dallas Cowboys. For more information, visit mainevent.com.
About Dave & Buster's Entertainment, Inc.
Founded in 1982 and headquartered in Coppell, Texas, Dave & Buster's Entertainment, Inc., is the owner and operator of 145 venues in North America that combine entertainment and dining and offer customers the opportunity to "Eat Drink Play and Watch," all in one location. Dave & Buster's offers a full menu of entrées and appetizers, a complete selection of alcoholic and non-alcoholic beverages, and an extensive assortment of entertainment attractions centered around playing games and watching live sports and other televised events. Dave & Buster's currently has stores in 40 states, Puerto Rico, and Canada. For more information, visit daveandbusters.com.
About Ardent Leisure Group Limited
Ardent Leisure (ASX: ALG) is one of Australia's most successful leisure and entertainment groups. The owners and operators of premium leisure assets including Dreamworld, WhiteWater World & SkyPoint theme parks and attractions, as well as Main Event, which is a growing portfolio of family entertainment assets in the United States. Ardent Leisure's businesses occupy dominant positions in affordable, family-friendly, leisure and entertainment categories. As a group, Ardent Leisure has well over 3 million customers annually and has developed extensive communication opportunities to interact and transact with these customers. For more information, visit www.ardentleisure.com
About RedBird Capital Partners
RedBird Capital Partners is a private investment firm focused on building high-growth companies alongside entrepreneurs in its four areas of domain expertise: sports, media, consumer and financial services. Founded by former Goldman Sachs Partner Gerry Cardinale in 2014, RedBird today manages over $6 billion of capital on behalf of a highly curated group of blue-chip global institutional and family office investors. RedBird's network of entrepreneurs is central to its investment sourcing and company-building strategy that helps founders achieve their business objectives and long-term vision. Since inception, RedBird has invested in over 30 platform companies and 80 add on acquisitions with total enterprise value exceeding $30 billion. For more information, please go to www.redbirdcap.com.
Forward-Looking Statements
The Company cautions that this release contains forward-looking statements, including, without limitation, statements relating to the impact on our business and operations of the coronavirus pandemic and our pending acquisition of Main Event (the "Acquisition"). These forward-looking statements involve risks and uncertainties and, consequently, could be affected by the uncertain and unprecedented impact of the pandemic and new coronavirus variants (including Alpha, Beta, Delta, Omicron and BA.2) on our business and operations and the related impact on our liquidity needs; our ability to continue as a going concern; our ability to consummate the Acquisition on terms favorable to us or at all; our ability to realize the expected benefits of the Acquisition: the possibility that shareholders of Ardent Leisure may not approve the merger agreement; the risk that a condition to closing of the Acquisition may not be satisfied, that either party may terminate the merger agreement or that the closing of the Acquisition might be delayed or not occur at all; potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the Acquisition; the diversion of management time on transaction-related issues; the ultimate timing, outcome and results of integrating the operations of the Company and Main Event; the effects of the Acquisition, including the combined company's future financial condition, results of operations, strategy and plans; the ability of the combined company to realize anticipated synergies in the timeframe expected or at all; changes in capital markets and the ability of the combined company to finance the Acquisition and go-forward operations in the manner expected; regulatory approval of the transaction, including the expiration or termination of the waiting period under the HSR Act; the fact that operating costs and business disruption may be greater than expected following the public announcement or consummation of the Acquisition; our ability to obtain waivers, and thereafter continue to satisfy covenant requirements, under our revolving credit facility; our ability to access other funding sources; the implementation and duration of government-mandated and voluntary shutdowns and restrictions; the speed with which our stores safely can be reopened and fully operated and the level of customer demand following reopening and full operations; the economic impact of the pandemic and related disruptions on the communities we serve; our overall level of indebtedness; general business and economic conditions, including as a result of the pandemic; the impact of competition; the seasonality of the Company's business; adverse weather conditions; future commodity prices; guest and employee complaints and litigation; fuel and utility costs; labor costs and availability; changes in consumer and corporate spending, including as a result of the pandemic; changes in demographic trends; changes in governmental regulations; unfavorable publicity, our ability to open new stores, and acts of God. Accordingly, actual results may differ materially from the forward-looking statements, and the Company therefore cautions you against relying on such forward-looking statements. Dave & Buster's intends these forward-looking statements to speak only as of the time of this release and does not undertake to update or revise them as more appropriate information becomes available, except as required by law.
For Investor Relations Inquiries:
Main Event Entertainment, Inc.
Rob Bronfeld
160over90
(516) 815-1874
rbronfeld@160over90.com
Dave & Buster's Entertainment, Inc.
Michael Quartieri
SVP & Chief Financial Officer
(972) 813-1151
michael.quartieri@daveandbusters.com
RedBird Capital Partners
Dan Gagnier
Gagnier Communications
(646) 569-5897
redbird@gagnierfc.com
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- Agreement will see Japan-based Mitsui take 49% stake in the project
- ReNew signed 400 MW round-the-clock (RTC) PPA last year to supply electricity to Solar Energy Corporation of India (SECI)
- For the 400 MW PPA, the company will install 1,300 MW of renewable energy capacity and up to 100 MWh of battery storage
GURGAON, India, April 6, 2022 /PRNewswire/ -- ReNew Power ("ReNew", RNW, RNWWW: NASDAQ), India's leading renewable energy company, has finalized a partnership with Mitsui & Co., Ltd. ("Mitsui", 8031.T-JP: Tokyo Stock Exchange), a leading global general trading and investment firm.
The partnership will see Mitsui invest in the RTC renewable energy project being developed by ReNew.
The RTC project will consist of three newly built wind farms and one solar plus battery storage farm (1,300 MW in total plus up to 100 MWh battery storage) across the states of Rajasthan, Karnataka, and Maharashtra, and provide 400 MW electricity to SECI, an Indian central government-owned entity with an AA+ domestic debt rating by ICRA, a subsidiary of Standard & Poor's.
The project's commercial operations are expected to start in the third calendar quarter of 2023. ReNew, through its affiliates, will also undertake EPC, O&M, and project management for the RTC project.
The 25-year PPA for the project, the first-of-its-kind renewable energy PPA in India, was signed last year with SECI for supplying electricity at ₹2.90/kWh (~US 3.8¢), which will increase by 3% annually for 15 years after which it will stabilise for remaining period of the project.
India, being the third-largest emitter of greenhouse gases globally, made commitments at the Glasgow COP26 summit last year to reach 500 GW of non-fossil fuel-based installed capacity by 2030, and to source 50% of all its energy from renewables by then. The RTC project will feed into this target and support the Government of India's policy of scaling up the renewable energy sector as part of the country's historic clean energy transition.
Speaking about this partnership with Mitsui, Mr. Sumant Sinha, Founder, Chairman and CEO of ReNew Power said, "The RTC project, the first of its kind in India, provides the lowest cost and emission-free 24 X 7 renewable electricity. We are proud to partner with Mitsui, a leading global conglomerate, to support India's green energy transition and look forward to strengthening this partnership in the future."
Ryoichiro Uno, General Manager in charge of infrastructure projects in India, Middle East, and Africa of Mitsui, said, "Our mission is to build brighter futures for people around the world through infrastructure development. We view India as an extremely promising market for many reasons, including its high economic growth and strong commitment towards decarbonization. Through this project, Mitsui will accelerate India's clean energy transition together with ReNew, and contribute to the project's successful development by leveraging our extensive global experience in power project development, as well as our wide-ranging business network across industries. We look forward to expanding Mitsui's further collaboration with ReNew beyond this RTC project in India."
US$ 1.0 = INR 76.29 (as on 27-03-2022)
About ReNew
ReNew is one of the largest renewable energy Independent Power Producers (IPPs) in India and globally. ReNew develops, builds, owns, and operates utility-scale wind and solar energy projects, and hydro projects . As of February 1, 2022, ReNew had a total portfolio of 10.2 GW of renewable energy projects across India, including commissioned and committed projects
About Mitsui:
Mitsui & Co., Ltd. is one of the leading Japanese general trading and investment firms, established in 1947, with global presence in various business fields and across 63 countries/regions with approximately 45,000 employees. Mitsui's core strategic aim is to pursue sustainable growth, and through its business activities contribute to the development of countries and regions around the world while addressing climate change and other global issues. As part of this, Mitsui has set a target to reduce its GHG impact by 2030 to half of what it was in 2020 and achieve net-zero emissions by 2050. Mitsui currently has 65 power assets in 22 countries, with a gross capacity of 39.6 GW and a net capacity (Mitsui's share) of 10.8 GW.
Press Enquiries
Kamil Zaheer
Kamil.zaheer@renewpower.in
+ 91 9811538880
Anurit Kanti
anurit.kanti@renewpower.in
+91 9920190905
Investor Enquiries
Nathan Judge
Anunay Shahi
investors@renewpower.in
Mitsui Contact
Corporate Communications Division
Telephone: +81-80-5912-0321
Facsimile: +81-3-3285-9819
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SOURCE Renew Energy Global Plc.
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KOVE Inc. to Distribute the MolecuLight Product Suite to Large South Korean Wound Care Market
TORONTO and SEOUL, South Korea, April 6, 2022 /PRNewswire/ - MolecuLight Inc., the leader in point-of-care fluorescence imaging for real-time detection of wounds containing elevated bacterial loads, and KOVE Inc., announce that the MolecuLight i:X® device has successfully received regulatory clearance and is now commercially available to the wound care market in South Korea. In addition, the MolecuLight device has also received reimbursement in Korea from the Ministry of Health and Welfare enabling clinician reimbursement for performing the medically necessary MolecuLight procedure.
Reimbursement for the MolecuLight procedure was granted by the Ministry of Health and Welfare of Korea, as per the notification number 259-858. This was announced based on Reimbursement data from the Korea New Medical Technology - Stability and Effectiveness Evaluation.
MolecuLight is exclusively distributed in South Korea by KOVE, Inc., a company specializing in providing novel products that assist in the treatment of diabetes foot ulcers in Korea including medical devices that assist with the diagnosis and treatment of wounds. KOVE's team of clinical and technical support specialists have more than 30 years of experience in medical devices and wound care. KOVE also performs clinical research with many university hospitals in Korea.
The South Korean market for wound care is significant and can be understood through the pervasiveness of diabetes and diabetic foot ulcers. There are over 5 million Koreans with diabetes1, or 1 diabetic in every 30 adults. 25% of all diabetics also have a diabetic foot ulcer.
"The market for the MolecuLight device is significant in South Korea as there is a comprehensive and progressive health care system that quickly adopts new and clinically useful technologies", says JUNHYOUNG LEE, CEO of KOVE, Inc. "Because of the high national insurance coverage for medical procedures, Korean patients readily visit hospitals to treat ailments and physicians are motivated to treat and monitor wounds until they are fully healed. The MolecuLight technology provides real-time actionable information on wound bioburden and allows clinicians to make bedside decisions quickly. It will be well-received by the South Korean medical community. Significant demand for the MolecuLight device has been verified through market research conducted over the last 12 months as part of the registration and reimbursement process."
"We are most impressed with KOVE, Inc., with their very experienced and responsive team and with their close relationship with the wound care community in South Korea", says Anil Amlani, MolecuLight's CEO. "We believe that the speed with which the MolecuLight i:X received both registration and reimbursement shows the quality of our clinical evidence and the proven clinical outcomes that clinicians can achieve using the MolecuLight device. We are confident that South Korea will become a major market for MolecuLight".
MolecuLight's broad body of clinical evidence includes 55+ peer-reviewed publications, including over 1,400 patients under study, showing the significant benefit of the MolecuLight i:X® to wound care clinicians in all care settings.
To request a quotation or a clinical demonstration of the MolecuLight i:X in South Korea, please email junhglee1211@gmail.com or call +82.55.384.2600.
About MolecuLight Inc.
MolecuLight Inc. is a privately-owned medical imaging company that has developed and is commercializing its proprietary fluorescent imaging platform technology in multiple clinical markets. MolecuLight's suite of commercially released devices, including the MolecuLight i:X® and DX™ fluorescence imaging systems and their accessories, provide point-of-care handheld imaging devices for the global wound care market for the real-time detection of wounds containing elevated bacterial burden (when used with clinical signs and symptoms) and for digital wound measurement. MolecuLight procedures performed in the United States can benefit from an available reimbursement pathway including two CPT® codes for physician work to perform "fluorescence imaging for bacterial presence, location, and load" and facility payment for Hospital Outpatient Department (HOPD) and Ambulatory Surgical Center (ASC) settings through an Ambulatory Payment Classification (APC) assignment. The company is also commercializing its unique fluorescence imaging platform technology for other markets with globally relevant unmet needs including food safety, consumer cosmetics and other key industrial markets.
About KOVE, Inc.
KOVE, Inc. is a company specializing in the diagnosis and treatment of diabetic foot ulcers and wound-related medical devices. It has been conducting continuous clinical research and presentations with many university hospitals in Korea.
Download for Image:
- https://moleculight.box.com/s/03xcwbw0lwd777yt8jyy50bl72w3cbv4
MolecuLight i:X being used by 2 wound care clinicians on 2 patients in a wound care centre to assess whether their patients' wounds have elevated bacterial burden. - https://moleculight.box.com/s/jbbcbb3hx8pmtbykl2vqkp3q11r6065m
MolecuLight i:X also has the benefit of engaging patients in their own wound care.
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Realtor.com® Listapalooza – the best time to list – is now a national holiday, according to National Day Archives
SANTA CLARA, Calif., April 6, 2022 /PRNewswire/ -- As the final countdown begins to Realtor.com® Listapalooza (April 10-16), a new national holiday, the company today released survey data that shows homeowners are gearing up to sell this Spring and Summer. According to the report, 64% of prospective 2022 sellers anticipate doing so within the next six months, and with high expectations for making a profit. Still, the potential uptick in newly-listed homes indicates some much-needed relief could be on the horizon for buyers – especially first-timers. Today's sellers expect to ask for relatively affordable prices and include a higher share of millennials than last Spring, suggesting that more Americans plan to upgrade from their starter homes.
The Realtor.com® survey of 3,000 consumers, which was conducted online by HarrisX in February 2022, also asked about the experiences of recent sellers, who said determining the right time to list was the longest stage of the process.
"Our survey data illustrates the importance of helping empower homeowners to take control of the listing process, by providing information about market conditions, prices and seasonal trends, like the best dates to list your home. While sellers are expected to hold the upper hand in 2022, navigating the listing process remains a challenge – particularly for those also buying in today's fast-paced market," said George Ratiu, Senior Economist & Manager of Economic Research at Realtor.com®. "Homeowners who are ready to move forward with pandemic-delayed plans will find plenty of opportunity this Spring and Summer. Although accelerating inflation is leading to higher housing costs and living expenses, many buyers remain interested in finding a home. At the same time, recent housing trends suggest demand is beginning to moderate as higher mortgage rates push monthly payments out of some buyers' budgets, underscoring the long-term need for more affordable inventory."
Homeowners are ready to take advantage of the Spring and Summer buying seasons
Survey data suggests some relief is on the horizon for Americans grappling with one of the worst housing shortages of all-time. Almost two-thirds (64%) of prospective 2022 sellers anticipate listing a home within the next six months. Whether these sellers follow-through with their plans will be key to the forecasted 2022 inventory recovery and critical for buyers hoping to find a home before mortgage rates climb even further. In a positive sign that homeowners are serious about listing, many sellers are already getting their home ready. However, they're doing so with great expectations of the current market, which means buyers should prepare for sellers asking for high offer prices, quick closes, waived contingencies and more.
- The majority of 2022 prospective sellers plan to list within the next six months, with 9% already listed and the remaining getting ready to list within the next 30 days (11%), 1-3 months (24%) or 4-6 months (20%).
- Compared to those who planned to list last Spring, this year's prospective sellers have higher expectations of the hot housing market, including asking for more than their home is worth (42% vs. 29%) and refusing to pay for repairs or improvements (28% vs. 24%).
- When asked why they're planning to list in 2022, surveyed sellers' top reason was wanting to profit off the current market, tied with their home no longer meeting their families needs (each at 31%).
- Homeowners' motivating factors behind moving also reflect the impact of pandemic trends, such as wanting different features after spending so much time at home (15%) and no longer needing to live near their office (14%).
Millennials are moving on up, signaling more starter homes for first-time buyers
With the oldest millennials already 40-years-old, these homeowners are playing an important role in adding to the supply of starter homes. Millennials represent nearly half (49%) of sellers who plan to list within the next six months and many anticipate selling at relatively affordable prices. This is welcome news for first-time buyers, who face fierce competition for limited available starter homes. Combined with rising affordability issues as home prices and mortgage rates climb, survey data offers some hope for first-time buyers, based on:
- More millennials plan to list within the next six months than in March 2021 (75% vs. 66%), and account for a higher share of all 2022 prospective sellers (42.0% vs. 26.0%).
- In a further sign that older millennials are moving on up from their starter homes, the share of surveyed millennials who have sold a home before was nearly as high as the overall rate (61% vs. 64%).
- Millennials have plenty of financial motivation to stick to their plans, with top reasons for selling reflecting the pressures of rising inflation and economic uncertainties. Compared to all survey respondents, higher shares of Gen Y sellers want a more affordable home (34% vs. 21%) and need the sale money ASAP (14% vs. 11%).
- In a potential sign of more starter homes coming onto the market, the majority of 2022 prospective sellers expect to list in relatively affordable price ranges: $350,000 or less (43%) and $351,000-$500,000 (22%).
Recent experiences highlight the importance of preparation, even in a seller's market
The COVID housing market has largely favored sellers and many who recently sold were able to take advantage of bidding wars, fast closings, waived contingencies, inspections and appraisals, and more. At the same time, sellers' experiences highlight the importance of preparation, especially as buyer demand is beginning to moderate. Even among recent sellers who found success, the majority took steps to get their home ready to list, such as making repairs, cleaning and decluttering. Additionally, although many sellers were able to list quickly, 41% said the process took longer than they originally anticipated.
- Over half (53%) of sellers spent less than a month preparing their home for listing, while another 26% said the process took 1-3 months.
- Forty-one percent of recent sellers said getting their home ready to list took longer than they expected. Determining the right time to enter the market took longer than any step of the home prep process, with 38% of respondents reporting that this decision took more than 3 months.
- Among steps successful sellers took to prepare their home for listing, top responses included repairs and updates (59%) and cleaning and decluttering (67%). While minor cosmetic updates were the top repair sellers made before listing, at 53% of respondents, nearly as many fully repainted interiors and replaced flooring (47% each).
- The majority (80%) of recent sellers sold at or above their asking price. Other top benefits of the competitive market included: buyers forgoing repair concessions (28%), offers within a week (27%), and waived contingencies like inspections (25%).
Methodology
This Realtor.com® survey was conducted online within the United States from February 16-18, 2022 among 3,000 adults in the United States by HarrisX. The sampling margin of error of this poll is plus or minus 1.8 percentage points. The results reflect a nationally representative sample of U.S. adults. Results were weighted for age by gender, region, race/ethnicity, and income where necessary to align them with their actual proportions in the population.
About Realtor.com®
Realtor.com® makes buying, selling, renting and living in homes easier and more rewarding for everyone. Realtor.com® pioneered the world of digital real estate more than 25 years ago, and today through its website and mobile apps offers a marketplace where people can learn about their options, trust in the transparency of information provided to them, and get services and resources that are personalized to their needs. Using proprietary data science and machine learning technology, Realtor.com® pairs buyers and sellers with local agents in their market, helping take the guesswork out of buying and selling a home. For professionals, Realtor.com® is a trusted provider of consumer connections and branding solutions that help them succeed in today's on-demand world. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. For more information, visit Realtor.com®.
Media Contact
rachel.conner@move.com
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OSLO, Norway, April 6, 2022 /PRNewswire/ -- Notice is given that the Annual General Meeting of Nordic Nanovector ASA will be held on 28 April 2022, at 14:00 hours CEST at Advokatfirmaet Selmer, Tjuvholmen Allé 1, 0252 Oslo. The full notice with appendices and the recommendation from the Nomination Committee are attached. The notice and the documents to which it refers are also available on www.nordicnanovector.com.
Shareholders wishing to attend the Annual General Meeting, in person or by proxy, must complete and return the attendance form or power of attorney form attached to the notice to Nordea Bank Abp, Issuer Service, Postboks 1166 Sentrum, N-0107 Oslo, or by e-mail to nis@nordea.com no later than 26 April 2022, 16:00 CEST. Attendance or proxies may also be registered electronically through Euronext Securities Oslo (formerly VPS) Investor Services.
For further information, please contact:
IR enquiries
Malene Brondberg, CFO
Cell: +44 7561 431 762
Email: ir@nordicnanovector.com
Media Enquiries
Mark Swallow/Frazer Hall/David Dible (Citigate Dewe Rogerson)
Tel: +44 203 926 8535
Email: nordicnanovector@citigatedewerogerson.com
About Nordic Nanovector:
Nordic Nanovector is committed to develop and deliver innovative therapies to patients to address major unmet medical needs and advance cancer care. The Company aspires to become a leader in the development of targeted therapies for haematological cancers. Nordic Nanovector's lead clinical-stage candidate is Betalutin®, a novel CD37-targeting antibody-radionuclide-conjugate designed to advance the treatment of non-Hodgkin's lymphoma (NHL). NHL is an indication with substantial unmet medical need, representing a growing market forecast to be worth nearly USD 29 billion by 2026. Nordic Nanovector retains global marketing rights to Betalutin® and intends to actively participate in the commercialisation of Betalutin® in the US and other major markets.
Further information can be found at www.nordicnanovector.com.
This information is subject to a duty of disclosure pursuant to Section 5-12 of the Securities Trading Act.
This information was brought to you by Cision http://news.cision.com
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OSLO, Norway, April 6, 2022 /PRNewswire/ -- On 5 April 2022, the Board of Directors of Nordic Nanovector ASA approved the Company's financial statements for 2021. The Company's 2021 Annual Report and ESEF file are attached.
The reports are also available on Nordic Nanovector ASA's website: www.nordicnanovector.com
For further information, please contact:
IR enquiries
Malene Brondberg, CFO
Cell: +44 7561 431 762
Email: ir@nordicnanovector.com
Media Enquiries
Mark Swallow/Frazer Hall (MEDiSTRAVA Consulting)
Tel: +44 203 928 6900
Email: nordicnanovector@medistrava.com
About Nordic Nanovector:
Nordic Nanovector is committed to develop and deliver innovative therapies to patients to address major unmet medical needs and advance cancer care. The Company aspires to become a leader in the development of CD37-targeted therapies for haematological cancers and immune diseases. Nordic Nanovector's lead clinical-stage candidate is Betalutin®, a novel CD37-targeting radioimmunotherapy designed to advance the treatment of non-Hodgkin's lymphoma (NHL). NHL is an indication with substantial unmet medical need, representing a growing market forecast to be worth nearly USD 27 billion by 2029. Nordic Nanovector retains global marketing rights to Betalutin® and intends to actively participate in the commercialisation of Betalutin® in the US and other major markets. Further information can be found at www.nordicnanovector.com.
This information was brought to you by Cision http://news.cision.com
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Further Identifying Nova Space Professional Development Programs as the Industry Leader in Digital Space Training and Education
MINNEAPOLIS, April 6, 2022 /PRNewswire/ -- Pure Capital Solutions (OTC:PCST) is pleased to announce its subsidiary, Nova Space Inc. (https://www.novaspaceinc.com/), has received the Space Foundation Space Certification – Education™. The mission of Space Foundation (https://www.spacefoundation.org) is "To be the preeminent advocate and gateway for lifelong education, trusted information and seamless collaboration for all people and organizations engaging in space exploration and space-inspired industries that drive the global space ecosystem.' Through this recognition, the Nova Space Professional Program is recognized as directly supporting the Space Industry and Ecosystem, providing a formal training and professional development pipeline for individuals and organization.
Nova Space CEO, Joseph Horvath explains, "The Nova Space platform provides the ideal solution for organizations focused on developing their internal talent to meet the increasing demands of the space industry. Whether commercial or government focused, developing the human element is critical to enabling the growth that is occurring across the space environment. The Space Foundation Space Certification furthers the mission of Nova Space to support this growth through our cutting edge training and education platform."
Nova Space is already well-known for its signature space professional development programs, designed to support the growth of space industry professionals, entrepreneurs and business leaders, commercial companies and governmental organizations. The founders of the company have more than five decades of combined experience in space operations, astronautics, and custom learning development in both commercial and government settings.
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SOURCE Pure Capital Solutions
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COLUMBUS, Ohio, April 6, 2022 /PRNewswire/ -- The Management Council of the Ohio Education Computer Network (OECN) and Ohio's Information Technology Centers (ITCs) are pleased to announce the launch of the Ohio Education Job Board for K-12 jobs in Ohio. This job board incorporates an intuitive job listing page that includes search function filters and an interactive map.
Built specifically for the education industry, the Ohio Education Job Board is the central hub for K-12 jobs in Ohio. From teachers to bus drivers to support personnel, applicants looking for a position in an Ohio school district can search by zip code, job category, grade level, and/or job type. The interactive map enables prospective applicants to see available job postings in a specific search area making it easy to find open positions in desired locations. By drilling down on the job board map, applicants can identify the type and number of positions that are posted in each district.
"States all across our country are experiencing this shortage in K-12 education personnel," stated Geoff Andrews, Chief Executive Officer of the Management Council. "The Ohio Education Job Board is a compelling recruiting tool that will draw motivated job seekers to our state. This tool will aid school HR officers by promoting job openings, enable school leaders to find candidates they are seeking, offer prospective staff the ability to drill down to focus on the ideal matching criteria, and provide for a seamless applicant experience."
School districts posting open positions to the job board provide applicants with a positive experience through a simple search process and comprehensive offerings. With no need for districts to post positions in multiple places, the Ohio Education Job Board is a one-stop shop for prospective applicants.
Ohio's Information Technology Centers work together through a statewide network known as the Ohio Education Computer Network (OECN). The Management Council coordinates and supports the collaborative efforts of the OECN, which implements a broad spectrum of academic and administrative technologies across Ohio's PreK-12 education system. For more information, visit managementcouncil.org.
Contact:
Jessica Madison, The Management Council
614.840.9810
jessica.madison@managementcouncil.org
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Top universities in 51 disciplines revealed
LONDON, April 6, 2022 /PRNewswire/ -- QS Quacquarelli Symonds – the international higher education think-tank – released the twelfth edition of the QS World University Rankings by Subject: an independent comparative analysis of the performance of 15,200 individual university programs taken by students at 1543 universities in 88 locations across the world, across 51 academic disciplines.
They are part of the annual QS World University Rankings portfolio, which was consulted over 147 million times in 2021 on TopUniversities.com and covered 96,000 times by media and institutions.
Global Highlights
· US institutions lead in 28 of the 51 subjects ranked. Harvard University and MIT remain the strongest-performing institutions, ranking number one in twelve subjects.
· Fifteen subject tables are topped by a British university, with the University of Oxford leading in six.
· ETH Zurich is continental Europe's top university, achieving number-one spots in three subjects. Moreover, based on its share of top-10 ranks, Switzerland is the world's third-best higher education sector.
· Australia is the fourth most represented country for the number of entries
· China (Mainland) ranks fifth globally for the number of programs (100), achieving a top-50 rank.
· No university has a larger number of top-50 than Canada's University of Toronto (46).
· The National University of Singapore – Asia's best-performing university – is the world's best for Petroleum Engineering. NUS ranks among the top-10 in sixteen disciplines.
· Japanese higher education is still in relative decline after decades of underfunding for research and PhD students.
· Universidad de Chile achieves Latin America's highest rank, 8th globally in Engineering - Mineral & Mining, followed by UNAM (Mexico) 13th in Modern Languages and Universidade de São Paulo (USP) 15th in Dentistry.
· The University of Cape Town remains Africa's most competitive institution, placing 9th globally in Development Studies.
· King Fahd University of Petroleum & Minerals, 6th globally for Petroleum Engineering, achieves the Arab region's highest rank.
Ben Sowter, QS Research Director, said: "Observing performance trends across over 15,000 university departments enables us to see which factors influence success. First, an international outlook – both in terms of faculty body and research relationships – correlates strongly with improved performance. Second, rising universities received targeted investment from governments for over a decade. Third, strengthening relationships with industry correlates with better employment, research, and innovation outcomes."
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New Facility Expected to More Than Double Production Capacity and Accelerate Margin Improvement
CHERRY HILL, N.J., April 6, 2022 /PRNewswire/ -- The Real Good Food Company, Inc. (Nasdaq: RGF) ("Real Good Foods" or the "Company"), an innovative, high-growth, branded, health- and wellness-focused frozen food company, today announced the opening of its state-of-the-art manufacturing facility in Bolingbrook, Illinois. This USDA, gluten free certified plant is Real Good Foods' second production facility and is a critical part of the Company's growth plans. This facility is expected to more than double the Company's manufacturing capacity to keep up with the rapidly growing demand for its products, while also reducing the Company's cost structure to accelerate its margin improvement agenda.
The Bolingbrook facility has high-throughput, flexible production lines that will support the production of Real Good Foods' current products, as well as planned innovation platforms including grain-free breaded poultry and zero-sugar Asian entrees. Production capacity will be phased throughout 2022 and is expected to add an additional $200 million in capacity by the end of the year. At full capacity, Bolingbrook is expected to support approximately $250 to $300 million in net sales.
Located only 30 miles outside of Chicago, Bolingbrook is an ideal location for the Company's second manufacturing facility because of the proximity to raw materials and distribution hubs. The highly automated facility is expected to reduce the Company's overall cost structure, increase margins, and accelerate profitability.
"As we continue to work to increase capacity to meet demand for our products, Bolingbrook represents the next step in our growth journey," said Gerard Law, Chief Executive Officer of Real Good Foods. "Opening the Bolingbrook facility within six months of signing the lease demonstrates the speed, agility, and experience of our organization. I am proud of our dedicated team and supplier partners that have worked long hours to open this plant on time and on budget."
Bryan Freeman, Executive Chairman of Real Good Foods, added, "Our mission is to make our craveable, nutritious comfort foods accessible to everyone across the United States and, eventually, throughout the world. Opening Bolingbrook is a significant milestone for the Company as we build capacity and expand our reach."
About The Real Good Food Company
Founded in 2016, Real Good Foods believes there is a better way to enjoy our favorite foods. Its brand commitment, "Real Food You Feel Good About Eating," represents the Company's strong belief that, by eating its food, consumers can enjoy more of their favorite foods and, by doing so, live better lives as part of a healthier lifestyle. Its mission is to make nutritious comfort foods that are low in carbohydrates, high in protein, and made from gluten and grain free real ingredients more accessible to everyone, improve human health, and, in turn, improve the lives of millions of people. Real Good Foods offers delicious options across breakfast, lunch, dinner, and snacking occasions available in over 16,000 stores nationwide, including Walmart, Costco, Kroger, and Target, and directly from its website at www.realgoodfoods.com. Learn more about Real Good Foods by visiting its website or on Instagram at @realgoodfoods, where it has one of the largest social media followings of any brand within the frozen food industry today with nearly 420,000 followers.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statements other than statements of historical fact contained in this press release, including statements regarding the demand for the Company's products and the impact of the new facility on its production capacity, cost structure, margins and profitability. The Company has attempted to identify forward-looking statements by using words such as "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will," or "would," and similar expressions or the negative of these expressions.
Forward-looking statements represent management's current expectations and predictions about trends affecting the Company's business and industry and are based on information available as of the time such statements are made. Although the Company does not make forward-looking statements unless it believes it has a reasonable basis for doing so, it cannot guarantee their accuracy or completeness. Forward-looking statements involve numerous known and unknown risks, uncertainties and other factors that may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements predicted, assumed or implied by the forward-looking statements. Some of the risks and uncertainties that may cause the Company's actual results to materially differ from those expressed or implied by these forward-looking statements are described in the section entitled "Risk Factors" in its Annual Report on Form 10-K for the period ended December 31, 2021, as well as the other reports it files with the Securities and Exchange Commission from time to time.
In addition, readers are cautioned that the Company may make future changes to its business and operations in response to the challenges and impacts of the COVID-19 pandemic, or in response to other business developments, which changes may be inconsistent with the Company's prior forward-looking statements, and which may not be disclosed in future public announcements.
For interviews with Bryan Freeman, Executive Chairman, email realgoodfoods@powerdigital.com.
Media Contact
Nikole Johnston
realgoodfoods@powerdigital.com
Investor Contact
Chris Bevenour
ir@realgoodfoods.com
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TORONTO, April 6, 2022 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) will release its first quarter 2022 financial results on Tuesday, May 3, 2022 and will host an investor conference call that morning at 8:30 a.m. Eastern Time.
The earnings call will be webcast on the company's investor relations website (http://rbi.com/investors) and a replay will be available for 30 days following the release. Investors may also access the conference call via the following dial-in numbers: (844) 200-6205 for U.S. callers, (833) 950-0062 for Canadian callers, and (929) 526-1599 for callers from other countries. For all dial-in numbers please use the following access code: 016518.
The company will also host a Tim Hortons Canada Investor Day on Tuesday, May 3, 2022, starting at 11:00 a.m. Eastern Time. The event will provide investors an opportunity to hear the Tim Hortons Canada leadership team discuss the brand's business strategy and growth in detail. A live webcast of the investor day will be available on the company's investor relations website and will be available for 30 days following the event.
About Restaurant Brands International Inc.
Restaurant Brands International Inc. ("RBI") is one of the world's largest quick service restaurant companies with approximately $35 billion in annual system-wide sales and over 29,000 restaurants in more than 100 countries. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities. To learn more about RBI, please visit the company's website at www.rbi.com.
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Acutus Medical, Inc..
Shareholders who purchased shares of AFIB during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of all purchasers of Acutus common stock between May 13, 2021 and November 11, 2021, inclusive.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (a) a material percentage of the Company's AcQMap imaging and mapping systems under evaluation had been randomly installed at sites with little, if any, consideration given to whether the healthcare providers at the selected locations were likely to adopt, or desire, the Company's products; (b) a material percentage of the AcQMap systems under evaluation had been installed in locations where the Company did not possess the infrastructure necessary to appropriately educate, train, and support medical service providers on the system's operations; (c) as a result of (a) and (b) above, defendants were in the process of designing a strategic plan to terminate and relocate approximately 20% of then-existing AcQMap systems evaluation arrangements; (d) the Company's management discussion and analysis was materially false and misleading and failed to disclose that the termination and relocation of approximately 20% of existing AcQMap systems evaluation arrangements was reasonably likely to have a material adverse effect on the Company's 2021 financial results; and (e) the Company's risk factor discussions were materially false and misleading and made reference to potential risks without disclosing that such risks were then-existing or adequately describing the specific nature of the risks then facing the Company.
DEADLINE: April 18, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/acutus-medical-inc-loss-submission-form/?id=25555&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AFIB during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 18, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Affirm Holdings, Inc..
Shareholders who purchased shares of AFRM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of all investors who purchased or otherwise acquired Affirm Holdings, Inc. securities on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 p.m. EST.
ALLEGATIONS: (i) Affirm's "buy now, pay-later" service facilitated excessive consumer debt, regulatory arbitrage, and data harvesting; (ii) the foregoing subjected Affirm to a heightened risk of regulatory scrutiny and enforcement action; (iii) Affirm maintained inadequate disclosure controls and procedures and internal control over financial reporting; (iv) accordingly, Affirm's tweet for its second quarter 2022 financial results contained selected metrics that made it appear that the Company had performed better than it actually did; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: April 29, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/affirm-holdings-inc-loss-submission-form/?id=25562&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AFRM during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 29, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Akebia Therapeutics, Inc..
Shareholders who purchased shares of AKBA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: June 28, 2018 to September 2, 2020
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company's lead investigational product candidate, vadadustat, was not as safe in treating non-dialysis dependent chronic kidney disease patients with anemia as defendants had represented; (ii) as a result, defendants overstated the clinical prospects of a Phase 3 clinical program for vadadustat; (iii) accordingly, defendants also overstated vadadustat's overall commercial and regulatory prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: May 13, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/akebia-therapeutics-inc-loss-submission-form/?id=25568&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AKBA during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 13, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Astra Space Inc. f/k/a Holicity Inc..
Shareholders who purchased shares of ASTR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/astra-space-inc-f-k-a-holicity-inc-loss-submission-form/?id=25553&from=4
CLASS PERIOD: February 2, 2021 to December 29, 2021
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Astra cannot launch "anywhere"; (2) Astra significantly overstated its addressable market; (3) Astra overstated the effectiveness of its designs and reliability; (4) Astra significantly overstated its plans for diversification and its broadband constellation plan; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
DEADLINE: April 11, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/astra-space-inc-f-k-a-holicity-inc-loss-submission-form/?id=25553&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of ASTR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 11, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Butterfly Network, Inc. f/k/a Longview Acquisition Corp..
Shareholders who purchased shares of BFLY during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is one behalf of: (a) all persons or entities that purchased or otherwise acquired Butterfly securities between February 16, 2021 and November 15, 2021, both dates inclusive and/or (b) all holders of Butterfly common stock as of the record date for the special meeting of shareholders held on February 12, 2021 to consider approval of the merger between Longview Acquisition Corp. and Butterfly.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Butterfly had overstated its post-merger business and financial prospects; (ii) notwithstanding the ongoing COVID-19 pandemic, Butterfly's financial projections failed to take into account the pandemic's broad consequences, which included healthcare logistical challenges, and medical personnel fatigue; (iii) accordingly, Butterfly's gross margin levels and revenue projections were less sustainable than the Company had represented; (iv) all the foregoing was reasonably likely to have a material negative impact on Butterfly's business and financial condition; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: April 18, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/butterfly-network-inc-f-k-a-longview-acquisition-corp-loss-submission-form/?id=25556&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of BFLY during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 18, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of C3.ai, Inc..
Shareholders who purchased shares of AI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) C3.ai Class A common stock pursuant and/or traceable to the documents issued in connection with the Company's initial public offering conducted on or about December 9, 2020; and/or (b) C3.ai securities between December 9, 2020 and February 15, 2022, both dates inclusive.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) C3.ai's partnership with Baker Hughes was deteriorating; (ii) C3.ai was employing a flawed accounting methodology to conceal the deterioration of its Baker Hughes partnership; (iii) C3.ai faced challenges in product adoption and significant salesforce turnover; (iv) the Company overstated, inter alia, the extent of its investment in technology, description of its customers, its total addressable market, the pace of its market growth, and the scale of alliances with its major business partners; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: May 3, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/c3-ai-inc-loss-submission-form/?id=25565&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 3, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-c3ai-inc-class-action-lawsuit-lead-plaintiff-deadline-may-3-2022-nyse-ai/
| 2022-04-06T10:53:15
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-c3ai-inc-class-action-lawsuit-lead-plaintiff-deadline-may-3-2022-nyse-ai/
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Cabaletta Bio, Inc..
Shareholders who purchased shares of CABA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/cabaletta-bio-inc-loss-submission-form/?id=25563&from=4
CLASS PERIOD: This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Cabaletta common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about October 24, 2019; and/or (b) Cabaletta securities between October 24, 2019 and December 13, 2021, both dates inclusive.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) top-line data of the Phase 1 Clinical Trial indicated that Cabaletta's lead product candidate, DSG3-CAART, had, among other things, worsened certain participants' disease activity scores and necessitated additional systemic medication to improve disease activity after DSG3-CAART infusion; (ii) accordingly, DSG3-CAART was not as effective as the Company had represented to investors; (iii) therefore, the Company had overstated DSG3-CAART's clinical and/or commercial prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: April 29, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/cabaletta-bio-inc-loss-submission-form/?id=25563&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CABA during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 29, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-cabaletta-bio-inc-class-action-lawsuit-lead-plaintiff-deadline-april-29-2022-nasdaq-caba/
| 2022-04-06T10:53:22
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-cabaletta-bio-inc-class-action-lawsuit-lead-plaintiff-deadline-april-29-2022-nasdaq-caba/
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Celsius Holdings, Inc..
Shareholders who purchased shares of CELH during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: August 12, 2021 to March 1, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company had improperly recorded expenses for non-cash share-based compensation for second and third quarters of 2021; (2) as a result, the Company's financial statements for those periods would be restated, including to report a net loss for the third quarter of 2021; (3) there was a material weakness in Celsius's internal controls over financial reporting; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: May 16, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/celsius-holdings-inc-loss-submission-form/?id=25569&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CELH during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 16, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-celsius-holdings-inc-class-action-lawsuit-lead-plaintiff-deadline-may-16-2022-nasdaq-celh/
| 2022-04-06T10:53:30
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Cerence Inc..
Shareholders who purchased shares of CRNC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: February 8, 2021 to February 4, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the global semiconductor shortage had a materially negative impact on demand for Cerence's software licenses; (2) defendants masked the impact of the semiconductor shortage on demand for the Company's software licenses by pulling forward sales; and (3) as a result of the above, defendants' statements about Cerence's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.
DEADLINE: April 26, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/cerence-inc-loss-submission-form/?id=25561&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CRNC during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 26, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-cerence-inc-class-action-lawsuit-lead-plaintiff-deadline-april-26-2022-nasdaq-crnc/
| 2022-04-06T10:53:36
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Fennec Pharmaceuticals Inc..
Shareholders who purchased shares of FENC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/fennec-pharmaceuticals-inc-loss-submission-form-2/?id=25554&from=4
CLASS PERIOD: May 28, 2021 to November 26, 2021
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Fennec had not successfully remediated, and overstated its efforts to remediate, issues with the manufacturing facility of its drug product manufacturer for PEDMARK, a new compound developed to reduce the incidence of hearing loss in children undergoing chemotherapy; (ii) as a result, the Food and Drug Administration likely to approve the Resubmitted Pedmark New Drug Application ("NDA"); (iii) accordingly, the regulatory and commercial prospects of the Resubmitted Pedmark NDA were overstated; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: April 11, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/fennec-pharmaceuticals-inc-loss-submission-form-2/?id=25554&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of FENC during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 11, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-fennec-pharmaceuticals-inc-class-action-lawsuit-lead-plaintiff-deadline-april-11-2022-nasdaq-fenc/
| 2022-04-06T10:53:43
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Conservation Corps Minnesota & Iowa recruiting for summer jobs
ROCHESTER, Minn. (KTTC) – The Conservation Corps Minnesota & Iowa is actively recruiting for young adults to fill its summer positions.
The Conservation Corps dates back to the 1930s, when the country was trying to recover from the Great Depression.
It’s part of the federal AmeriCorps program, and has evolved over time. It’s made up of young people ages 18-25, who take care of natural resources like cleaning up waterways, cutting down invasive vegetation and taking care of animals, sometimes working with other agencies like the Department of Natural Resources.
“When we invite young people to serve in our programs, they’re really making an impact locally but also part of a broader service movement,” Corps Program Dir. Hollis Emery said.
The corps is made up of field workers, summer camp leaders, and outdoor recreation instructors. The instructors teach people how to do things like camp, fish, paddle and rock climb. There is also a youth summer camp for ages 15-18. It has session dedicated to the deaf and hard of hearing community.
Experience with the outdoors is not needed. Organization leaders said they teach people everything they need to know about working out in nature.
“Some of the people who have worked with us have never even camped,” Corp Field Coordinator Eddie Dittmer said.
He started out as a member when he was younger, and is now employed as field coordinator for the Rochester area. He said he learned valuable life skills and also made a lot of friends.
“You’ll gain life-long friends, ”Dittmer said. I was a member for three years and I have countless friends that I have gained through this experience and still talk to this day. Some are now firefighters fighting wild fires out west or some work in the south working to get rid of invasive species.”
The organization also has the opportunity for employees to get up to $6,345 to be used for future tuition or existing student loans.
If interested in applying, visit the Conservation Corps Minnesota & Iowa website.
Copyright 2022 KTTC. All rights reserved.
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https://www.kttc.com/2022/04/06/conservation-corps-minnesota-iowa-recruiting-summer-jobs/
| 2022-04-06T10:53:44
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https://www.kttc.com/2022/04/06/conservation-corps-minnesota-iowa-recruiting-summer-jobs/
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Gatos Silver, Inc..
Shareholders who purchased shares of GATO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Gatos: (a) common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about October 28, 2020; and/or (b) securities between October 28, 2020 and January 25, 2022, inclusive.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the technical report for Gatos's primary mine, the Cerro Los Gatos deposit, contained certain errors; (2) among other things, the mineral reserves had been overestimated by as much as 50%; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: April 25, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/gatos-silver-inc-loss-submission-form/?id=25558&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of GATO during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 25, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-gatos-silver-inc-class-action-lawsuit-lead-plaintiff-deadline-april-25-2022-nyse-gato/
| 2022-04-06T10:53:50
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-gatos-silver-inc-class-action-lawsuit-lead-plaintiff-deadline-april-25-2022-nyse-gato/
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Ky. teacher resigns after controversy over pro-LGBTQ message
ESTILL COUNTY, Ky. (WKYT) - A Kentucky teacher has resigned after writing a message encouraging LGBTQ students on his classroom board that read “You are free to be yourself with me.”
Tyler Morgan was a music teacher at West Irvine Intermediate School, which teaches third through fifth grade students. He posted a photo of the message on his Facebook page, WKYT reports. It included a rainbow flag, a transgender flag and rainbow colors.
“You are free to be yourself with me. You matter,” the message read.
Some parents feel Morgan’s message was inappropriate, and others did not have an issue with it. Dozens in the community said they stand behind Morgan.
Morgan noted he resigned from Estill County Schools on his own recognizance.
“I still firmly believe more work needs to be done in Kentucky, especially in Eastern Kentucky, to ensure that more resources are provided to make sure all students feel safe, secure, and seen,” he wrote on Facebook.
The Estill County Board of Education is investigating.
Superintendent Jeff Saylor said he had no problem with the statement, explaining the district must meet the needs of all students and families. He said the main issue stemmed from a conversation that took place during class.
It’s not clear what that conversation entailed, but the superintendent said it was not related to academic standards.
In a statement, Saylor wrote, “Of course, there are times that conversations may vary from that day’s lesson plan, but these conversations went far beyond the music curriculum. It is my job to make sure that parents are not surprised by these types of situations.”
The Fairness Campaign, an organization that advocates against sexual orientation and gender discrimination, feels the district mishandled the situation.
“I would not be surprised at all if the school is sued,” said Chris Hartman with the Fairness Campaign.
Hartman said talking about LGBTQ issues in the classroom could help students who may be struggling.
“We know that the rates of suicide, self-harm, depression, and isolation among LGBTQ kids is astronomically high,” Hartman said.
In his statement, Saylor said school counselors have been trained to offer support to students dealing with difficult circumstances.
Copyright 2022 WKYT via Gray Media Group, Inc. All rights reserved.
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https://www.kttc.com/2022/04/06/ky-teacher-resigns-after-controversy-over-pro-lgbtq-message/
| 2022-04-06T10:53:52
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Grab Holdings Limited.
Shareholders who purchased shares of GRAB during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: November 12, 2021 to March 2, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Grab's driver supply declined during the third quarter; (2) as a result, Grab continued to invest heavily in driver and consumer incentives to "preemptively recalibrate driver supply"; (3) as a result, the Company's financial results would be adversely impacted, including, among other things, a significant decline in revenue; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: May 16, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/grab-holdings-limited-loss-submission-form/?id=25570&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of GRAB during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 16, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-grab-holdings-limited-class-action-lawsuit-lead-plaintiff-deadline-may-16-2022-nasdaq-grab/
| 2022-04-06T10:53:56
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Milwaukee elects first Black mayor, Cavalier Johnson
Cavalier Johnson became the first African American elected mayor of Milwaukee, overwhelming a former alderman to win the right to finish the last two years of Tom Barrett’s term
MILWAUKEE (AP) — Cavalier Johnson became the first African American elected mayor of Milwaukee on Tuesday, overwhelming a former alderman to win the right to finish the last two years of Tom Barrett’s term.
Johnson, who had served as acting mayor since Barrett resigned in December to become U.S. ambassador to Luxembourg, had been considered a heavy favorite after winning a seven-person primary by 20 points.
With unofficial returns nearly complete, Johnson — a Democrat running in a Democratic stronghold — had 68% of the vote to conservative Bob Donovan's 32%.
Barrett had been Milwaukee mayor since 2004.
Johnson, 35, was first elected to the Common Council in 2016 and became president in April 2020.
Donovan, 65, served on the council from 2000 until 2020 when he did not run for reelection. He challenged Barrett for mayor in 2016 and lost by 40 points.
The Wisconsin Democratic Party put $100,000 into Johnson’s campaign while Donovan got $1,250 from the Republican Party of Milwaukee County and $2,500 from a political action committee for Rebecca Kleefisch, the former Republican lieutenant governor who is running for governor this year.
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https://www.kttc.com/2022/04/06/milwaukee-elects-first-black-mayor-cavalier-johnson/
| 2022-04-06T10:53:59
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https://www.kttc.com/2022/04/06/milwaukee-elects-first-black-mayor-cavalier-johnson/
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Homology Medicines, Inc..
Shareholders who purchased shares of FIXX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: June 10, 2019 to February 18, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company had overstated the efficacy and risk mitigation of its lead product candidate, HMI-102; (ii) accordingly, it was unlikely that the Company would be able to commercialize HMI102 in its present form; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: May 24, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/homology-medicines-inc-loss-submission-form/?id=25572&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of FIXX during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 24, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-homology-medicines-inc-class-action-lawsuit-lead-plaintiff-deadline-may-24-2022-nasdaq-fixx/
| 2022-04-06T10:54:03
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lucid Group, Inc..
Shareholders who purchased shares of LCID during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Lucid common stock between November 15, 2021, and February 28, 2022, inclusive.
ALLEGATIONS: The filed complaint alleges that defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Lucid's business and operations. Specifically, the Company overstated its production capabilities while concealing that "extraordinary supply chain and logistics challenges" were hampering Lucid's operations. As a result of the defendants' wrongful acts and omissions, and the significant decline in the market value of Lucid's common stock, Lucid investors have suffered significant damages.
DEADLINE: May 31, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/lucid-group-inc-loss-submission-form/?id=25574&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of LCID during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 31, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-lucid-group-inc-class-action-lawsuit-lead-plaintiff-deadline-may-31-2022-nasdaq-lcid/
| 2022-04-06T10:54:09
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Meta Platforms, Inc..
Shareholders who purchased shares of FB during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: March 2, 2021 to February 2, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Apple's iOS privacy changes were having a material impact on Meta's ability to provide the kind of targeted advertising that its customers wanted and, as a result, customer ad spending was dropping precipitously; (2) Meta's mitigation efforts were either not properly implemented or ineffective; (3) measurement of ads was not accurate as mitigation efforts were failing; and (4) Meta did not have a plan in place to properly address the impact of the iOS privacy changes.
DEADLINE: May 9, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/meta-platforms-inc-loss-submission-form/?id=25567&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of FB during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 9, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-meta-platforms-inc-class-action-lawsuit-lead-plaintiff-deadline-may-9-2022-nasdaq-fb/
| 2022-04-06T10:54:18
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of MP Materials Corp. f/k/a Fortress Value Acquisition Corp..
Shareholders who purchased shares of MP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: May 1, 2020 to February 2, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Fortress Value Acquisition Corp. ("FVAC") had overstated its due diligence efforts and expertise with respect to identifying target companies to acquire; (ii) FVAC performed inadequate due diligence into Legacy MP Materials prior to the business combination, or else ignored significant red flags regarding, inter alia, Legacy MP Materials' management, compliance policies, and Mountain Pass's profitability; (iii) as a result, the Company's future business and financial prospects post-business combination were overstated; (iv) MP Materials engaged in an abusive transfer price manipulation scheme with a related party in the People's Republic of China to artificially inflate the Company's profits; (v) MP Materials' ore at the Mountain Pass Rare Earth Mine and Processing Facility was not economically viable to harvest for rare earth metals; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: April 25, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/mp-materials-corp-f-k-a-fortress-value-acquisition-corp-loss-submission-form/?id=25559&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of MP during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 25, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-mp-materials-corp-fka-fortress-value-acquisition-corp-class-action-lawsuit-lead-plaintiff-deadline-april-25-2022-nyse-mp/
| 2022-04-06T10:54:26
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rivian Automotive, Inc..
Shareholders who purchased shares of RIVN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of investors that purchased or otherwise acquired Rivian common stock pursuant and/or traceable to Rivian's initial public offering on November 10, 2021 and/or between November 10, 2021, and March 10, 2022.
ALLEGATIONS: Documents issued in connection with the initial public offering contained representations that were materially inaccurate, misleading, and/or incomplete because they failed to disclose, among other things, that the R1T electric pickup truck and R1S electric SUV were underpriced to such a degree that Rivian would have to raise prices shortly after the IPO and that these price increases would tarnish Rivian's reputation as a trustworthy and transparent company and would put a significant number of the existing backlog of 55,400 preorders, along with future preorders, in jeopardy of cancellation.
DEADLINE: May 6, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/rivian-automotive-inc-loss-submission-form/?id=25566&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of RIVN during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 6, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-rivian-automotive-inc-class-action-lawsuit-lead-plaintiff-deadline-may-6-2022-nasdaq-rivn/
| 2022-04-06T10:54:34
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of SunPower Corporation.
Shareholders who purchased shares of SPWR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: August 3, 2021 to January 20, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) certain connectors used by SunPower suffered from cracking issues; (2) as a result, the Company was reasonably likely to incur costs to remediate the faulty connectors; (3) as a result of the foregoing, SunPower's financial results would be adversely impacted; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: April 18, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/sunpower-corporation-loss-submission-form/?id=25557&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of SPWR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 18, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-sunpower-corporation-class-action-lawsuit-lead-plaintiff-deadline-april-18-2022-nasdaq-spwr/
| 2022-04-06T10:54:40
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Taskus, Inc..
Shareholders who purchased shares of TASK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: June 11, 2021 to January 19, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) TaskUs was experiencing severe financial strain and business challenges, particularly with its most important customer, Facebook; (2) the Content Security market was smaller than defendants represented and defendants' representations were based on outdated market data; (3) TaskUs improperly recognized revenue from certain key contracts; (4) defendants overstated the size of TaskUs' workforce as well as employee retention rates, and understated attrition rates; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.
DEADLINE: April 25, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/taskus-inc-loss-submission-form/?id=25560&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TASK during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 25, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-taskus-inc-class-action-lawsuit-lead-plaintiff-deadline-april-25-2022-nasdaq-task/
| 2022-04-06T10:54:47
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Telefonaktiebolaget LM Ericsson.
Shareholders who purchased shares of ERIC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: April 27, 2017 to February 25, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Ericsson overstated the extent to which it had reformed its business practices to eliminate the use of bribes to secure business in foreign countries; (ii) Ericsson had paid bribes to the terrorist group the Islamic State in Iraq and Syria to gain access to certain transport routes in Iraq; (iii) accordingly, the Company's revenues derived from its operations in Iraq were, in at least substantial part, derived from unlawful conduct and thus unsustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: May 2, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/telefonaktiebolaget-lm-ericsson-loss-submission-form/?id=25564&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of ERIC during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 2, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-telefonaktiebolaget-lm-ericsson-class-action-lawsuit-lead-plaintiff-deadline-may-2-2022-nasdaq-eric/
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Telos Corporation.
Shareholders who purchased shares of TLS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: November 19, 2020 to November 12, 2021
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Transportation Security Administration ("TSA") and Centers for Medicare and Medicaid Services ("CMS") contracts, which constituted a majority of the Company's future revenues, were not on track to commence as represented at the end of 2021 and in 2022; (2) Defendants lacked a reasonable basis and sufficient visibility to provide and affirm the Company's 2021 guidance in the face of the uncertainty surrounding the TSA and CMS contracts; (3) COVID-19- and hacking scandal-related headwinds were throwing off the timing for performance of the TSA and CMS contracts and their associated revenues; (4) as a result, the guidance provided by Defendants was not in fact "conservative"; (5) as a result of the delays, Telos would be forced to dramatically reduce its revenue estimates; and (6) as a result of the foregoing, Defendants' statements about Telos' business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
DEADLINE: April 8, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/telos-corporation-loss-submission-form/?id=25552&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TLS during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 8, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-telos-corporation-class-action-lawsuit-lead-plaintiff-deadline-april-8-2022-nasdaq-tls/
| 2022-04-06T10:55:00
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Vertiv Holdings Co.
Shareholders who purchased shares of VRT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: April 28, 2021 to February 23, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company could not adequately respond to supply chain issues and inflation by increasing its prices; (2) as a result of the increasing costs, Vertiv's earnings would be adversely impacted; and (3) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: May 23, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/vertiv-holdings-co-loss-submission-form/?id=25571&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of VRT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 23, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-vertiv-holdings-co-class-action-lawsuit-lead-plaintiff-deadline-may-23-2022-nyse-vrt/
| 2022-04-06T10:55:07
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NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Volta Inc..
Shareholders who purchased shares of VLTA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: August 2, 2021 to March 28, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Volta had improperly accounted for restricted stock units issued in connection with the business combination of Volta Industries, Inc. ("Legacy Volta") and Tortoise Acquisition Corp. II; (2) as a result, the Company had understated its net loss for third quarter 2021; (3) there were material weaknesses in the Company's internal control over financial reporting that resulted in a material error; (4) as a result of the foregoing, the Company would restate its financial statements; (5) as a result of the foregoing, Legacy Volta's founders would imminently exit the Company; (6) as a result, the Company's financial results would be adversely impacted; and (7) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: May 31, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/volta-inc-loss-submission-form/?id=25573&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of VLTA during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 31, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.1011now.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-volta-inc-class-action-lawsuit-lead-plaintiff-deadline-may-31-2022-nyse-vlta/
| 2022-04-06T10:55:14
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Specialized Data Gives New Insights into Potentially Fraudulent Behaviors
BOSTON and PARIS, April 6, 2022 /PRNewswire/ -- Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry, and Legentic, a provider of real-time and historic data used for fraud detection, today announced the two companies have entered a technology partnership. Through seamless integration between the two companies' solutions insurers who are using Shift Claims Fraud Detection to mitigate the risk of fraud will have access to specialized data from Mohawk to fuel their models.
Using artificial intelligence (AI) to uncover potential fraud in the claims process is fast and efficient and typically presents claims professionals with fewer false positives. It is also well known that AI is most effective when tapping into vast amounts of high-quality data. The partnership between Legentic and Shift addresses this reality by making a new source of third-party data available for use in advanced fraud detection models.
"The power of AI to not only see what's hidden in the data but also help make sense of it is incredibly compelling," said Philip Van Waning, partner and channel manager, Legentic. "By providing the data available in our Mohawk solution to Shift's fraud detection technology we are giving claims professionals and investigators a powerful way to spot more potential fraud, with incredible accuracy, to the benefit of both insurers and policyholders."
Mohawk's data gives Shift users access to no longer publicly accessible data by turning historical unstructured data from multiple sources into actionable insights. Mohawk also helps to reduce claim processing time by limiting false positives. Shift Claims Fraud Detection is a best-in-class, AI fraud-fighting solution which can detect possible claims fraud in real-time or in scheduled workflows and typically delivers 3X the detection hit rate compared to manual or rules-based implementations. The solution also delivers transparent findings to users with detailed rationale for all its conclusions, allowing investigators to make fraud decisions with speed, accuracy and confidence. Having Legentic's Mohawk data for use in Shift's models provides another compelling way to determine if a claim is suspicious and why.
"In the realm of AI, data is king. Having access to the best mix of data means you can trust the results and be confident that you are making the best decision about what to do with a suspicious claim," explained Drew Whitmore, Global Head of Partnerships, Shift Technology. "What Legentic is doing with data, especially in the area of social media selling, offers an exciting new way to help determine if a claim is suspicious or legitimate."
About Legentic:
Legentic offers a genuinely unique and innovative solution focused on validation, recovery of assets, and the exposure of fraud. We collect big data from multiple sources all over the world, enriched through AI and machine learning, and converting it into easily accessible, understandable – and actionable information. For more information visit: www.legentic.com
About Shift Technology
Shift Technology delivers AI decisioning solutions to benefit the global insurance industry and its customers. Our products enable insurers to automate and optimize decisions from underwriting to claims, resulting in superior customer experiences, increased operational efficiency, and reduced costs. The future of insurance starts with Decisions Made Better. Learn more at www.shift-technology.com.
Contacts:
Rob Morton
Corporate Communications
Shift Technology
+1.617.416.9216
rob.morton@shift-technology.com
Philip Van Waning
Partnerships Manager
Legentic
+31 6 575 8 90 94
philip.vanwaning@legentic.com
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SOURCE Shift Technology
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https://www.1011now.com/prnewswire/2022/04/06/shift-technology-taps-into-legentic-data-help-insurers-make-better-decisions-about-suspicious-claims/
| 2022-04-06T10:55:25
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, April 6, 2022 /PRNewswire/ -- (Republic) A retired couple from Missouri has filed a six-figure claim against Center Street Securities over losses sustained in GWG Holdings, Inc. (NASDAQ: GWGH). Both inexperienced investors with health issues, the claimants had entrusted the brokerage firm with keeping their money safe.
Instead, their Center Street Securities broker Joe Latour, a registered investment advisor with the Latour Financial Group, unsuitably recommended and sold them GWG L Bonds, while neglecting to give a full picture of the risks.
In their claim, the couple alleges negligence, misrepresentations and omissions, unsuitability, overconcentration, gross negligence, fraud, breach of contract, and other contentions. Our securities attorneys represent these older retirees in their FINRA arbitration claim against Center Street Securities.
If you sustained losses in these high-risk bonds that were sold to you by your brokerage firm, call Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) today at (800) 259-9010.
GWG L Bonds Were Too Risky, Illiquid, and Highly Speculative for These Retirees
At the recommendation of Center Street Securities, the claimants invested $134K into L Bonds. These bonds are junior debt, unlisted, issued with 6-month to 7-year maturity dates, and callable in that GWG Holdings can repurchase them without penalty and at a loss to investors.
There is no way for someone to sell their L Bonds early. These bonds renew automatically unless the investor requests otherwise before their maturity. Over 50% of outstanding GWG L Bonds were not repaid upon maturity. Instead, they were simply replaced with another bond.
Not only that, but bond repayments to investors were like a Ponzi scheme in that they came from the sale of L bonds to new investors.
Set up to earn non-correlated returns from life insurance assets, GWG Holdings was supposed to generate opportunities for consumers to receive substantially more value from their life insurance policies in a secondary market than they would from more traditional options. Instead, GWG Holdings has cost investors many millions of dollars.
In February 2022, GWG Holdings defaulted on the $3.25M in principal payments and $10.35M in interest it owed investors. But signs of trouble were clear even before 2022.
Our investment fraud lawyers continue to investigate and pursue the many broker-dealers that unsuitably sold L Bonds to investors.
Free Consultations:
US Toll Free: (800) 259-9010
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DUBLIN, April 6, 2022 /PRNewswire/ -- Theravance Biopharma, Inc. (NASDAQ: TBPH) will present at the 21st Annual Needham Virtual Healthcare Conference on Wednesday, April 13, at 1:30 pm ET (10:30 am PT/6:30 pm IST).
A webcast of the event may be accessed by visiting Theravance.com, under the Investors section, Presentations and Events. Replay of the webcast will be archived on the Company's website for 30 days.
About Theravance Biopharma
Theravance Biopharma, Inc. is a biopharmaceutical company primarily focused on the discovery, development and commercialization of respiratory medicines. Its core purpose is to create medicines that help improve the lives of patients suffering from respiratory illness.
In pursuit of its purpose, Theravance Biopharma leverages decades of respiratory expertise to discover and develop transformational medicines that make a difference. These efforts have led to the development of FDA-approved YUPELRI® (revefenacin) inhalation solution indicated for the maintenance treatment of patients with chronic obstructive pulmonary disease (COPD). Its respiratory pipeline of internally discovered programs is targeted to address significant patient respiratory needs.
Theravance Biopharma has an economic interest in potential future payments from Glaxo Group Limited or one of its affiliates (GSK) pursuant to its agreements with Innoviva, Inc. relating to certain programs, including TRELEGY.
For more information, please visit www.theravance.com.
THERAVANCE BIOPHARMA®, THERAVANCE®, and the Cross/Star logo are registered trademarks of the Theravance Biopharma group of companies (in the US and certain other countries).
YUPELRI® is a registered trademark of Mylan Specialty L.P., a Viatris Company. Trademarks, trade names or service marks of other companies appearing on this press release are the property of their respective owners.
Contact Information:
Contact: Gail B. Cohen
Corporate Communications / 917-214-6603
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VANCOUVER, BC, April 6, 2022 /PRNewswire/ - Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) ("Trilogy Metals" or "the Company") announces its financial results for the first quarter ended February 28, 2022. Details of the Company's financial results are contained in the interim unaudited consolidated financial statements and Management's Discussion and Analysis which will be available on the Company's website at www.trilogymetals.com, on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in United States dollars unless otherwise stated.
The following selected financial information is prepared in accordance with U.S. GAAP.
For the three-month period ended February 28, 2022, overall cash costs related to general and administrative expenses, investor relations, professional fees and salaries were primarily tracking to budget. For the three-months period ended February 28, 2022, Trilogy reported a net loss of $5.0 million (or $0.03 basic and diluted loss per common share). For the comparable period in 2021, we reported a net loss of $4.5 million (or $0.03 basic and diluted loss per common share). This difference is primarily due to the Company's equity pickup of Ambler Metals' comprehensive loss, offset by a reduction in stock-based compensation. Our 50% pro rata share of Ambler Metals' comprehensive loss increased by $0.8 million when compared to the prior year comparative as the current quarter includes pre-development costs for the Ambler Access Project for which there are no prior year comparatives. Salaries and directors expense - stock based-compensation decreased by $0.2 million in comparison to the prior year comparative mainly due to a reduction of 0.9 million units in overall stock-based awards granted during the current quarter.
In a press release dated February 23, 2022, the Company announced that the United States Department of the Interior ("DOI") filed a motion on February 22, 2022 to remand the Final Environmental Impact Statement ("FEIS") and suspend the right-of-way permits issued to the Alaska Industrial Development and Export Authority ("AIDEA") for the Ambler Access Project. The DOI stated that the suspension of the road permits will allow it to carry out additional supplemental work on the FEIS. The motion also indicated that the DOI has requested that the lawsuits filed in 2021 against the DOI by a coalition of national and Alaska environmental non-government organizations be suspended. The lawsuits had been filed in response to the United States Bureau of Land Management's ("BLM") issuance of the Joint Record of Decision ("JROD"), that authorized a right-of-way across federally managed lands for AIDEA and the Ambler Access Project.
The Company has commenced discussions with its partners, including NANA Regional Corporation, Inc. ("NANA"), AIDEA, the Northwest Arctic Borough, the State of Alaska and South32 Limited to understand the potential impact of the above decision by the DOI on AIDEA's proposed plan and budget for the 2022 summer field season activities that were previously announced.
In mid-March 2022, the BLM and the DOI suspended the right-of-way grant and the right-of-way permit ("ROW permits") to AIDEA relating to the Ambler Access Project over federal land while the DOI conducts further analysis and consultation. While the suspension decisions are in place: AIDEA may not conduct any activities that rely on the authority of the ROW permits; the terms and conditions of the ROW permits are tolled; and all rental fee obligations are suspended. The suspension does not preclude AIDEA from applying for special use permits to conduct activities on the lands subject to the ROW permits or granted pursuant to applicable law or authority other than the suspended ROW permits.
On March 22, 2022, the Intervenor Defendants (the State of Alaska, NANA, AIDEA, and Ambler Metals LLC ("Ambler Metals")) filed briefs in opposition to the DOI's motion for a voluntary remand. In its brief, Ambler Metals stated that it does not oppose the voluntary remand motion subject to the following conditions: (i) no vacatur or termination of the permits; (ii) the remand must be completed within nine months; (iii) that there must be status updates to the court every 60 days during the remand period; and (iv) the federal defendants (DOI) must lodge the administrative record within 30 days of issuing any new decision. Also on March 22, 2022, the plaintiffs filed a motion asking the court to deny the motion for voluntary remand without vacatur of the permits and either allow merits briefing to proceed or simply vacate the Federal Defendants reviews and decisions.
On April 5, 2022, the Federal Defendants responded to the plaintiffs' arguments against voluntary remand and argued that vacatur of the decisions was not appropriate. Federal Defendants also argued that the court should retain jurisdiction, but disagreed with arguments requesting a court-imposed schedule. The Federal Defendants propose filing a status report every 90 days.
We expended $1.5 million on operating activities during the first quarter of 2022 which is consistent with the prior year comparative. The majority of cash spent on operating activities during the quarter was on corporate salaries, annual fees paid to the Toronto Stock Exchange and the NYSE American Exchange and professional fees related to our annual regulatory filings with the American and Canadian securities commissions.
At February 28, 2022, we had $4.8 million in cash and cash equivalents and working capital of $4.3 million. The Company continues to manage its cash expenditures through its working capital. Management has begun a review of the fiscal 2022 budget for cash preservation opportunities and has reduced cash expenditures where feasible, including but not limited to, reductions in marketing and investor conferences and office expenses. The Company's Board of Directors are considering taking of the cash component of their fees in shares of the Company in an effort to preserve cash and increase share ownership. The Company's senior management team are also considering taking a portion of their base salaries in shares or other equity based compensation of the Company to preserve cash. Management believes that these cost reduction efforts will result in sufficient cash to fund the Company's operations for the next twelve months.
All project related costs are funded by the joint venture. Amber Metals is well funded to advance the UKMP with $58.2 million in cash and a $53.2 million loan receivable from South32 as at February 28, 2022. There is sufficient funds at the joint venture to fund the previously announced budgets for the UKMP of $28.5 million and the Ambler Access Project of $15.4 million for fiscal 2022. Trilogy does not anticipate having to fund the activities of Ambler Metals until the initial contribution of $145 million is expended.
Richard Gosse, P.Geo., Vice President Exploration for Trilogy Metals Inc., is a Qualified Person as defined by National Instrument 43-101. Mr. Gosse has reviewed the technical information in this news release and approves the disclosure contained herein.
Trilogy Metals Inc. is a metals exploration and development company which holds a 50 percent interest in Ambler Metals LLC which has a 100 percent interest in the UKMP in northwestern Alaska. The UKMP is located within the Ambler Mining District which is one of the richest and most-prospective known copper-dominant districts. It hosts world-class polymetallic volcanogenic massive sulphide ("VMS") deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits which have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two deposits in the Ambler mining district - the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within land package that spans approximately 172,636 hectares. The Company has an agreement with NANA Regional Corporation, Inc., a Regional Alaska Native Corporation that provides a framework for the exploration and potential development of the Ambler mining district in cooperation with local communities. Our vision is to develop the Ambler mining district into a premier North American copper producer.
This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, including, without limitation, perceived merit of properties, expectations regarding the 2022 field seasons and budgets for the UKMP and Ambler Access Project, the Company's intention to provide updates on the Ambler Access Project permitting situation and the timing thereof, potential outcomes of discussions between Ambler Access Project stakeholders and the DOI, the willingness of the Company's director and executives to receive their compensation in equity, the Company's plans to look for opportunities to reduce its cash spend for the year, Management's expectations regarding the effects of cash conservation efforts and the sufficiency of cash for the next twelve months and the Company's plans to provide further updates and the timing thereof are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the uncertainties involving our assumptions with respect to the impact of the novel coronavirus (COVID-19) and other risks and uncertainties disclosed in the Company's Annual Report on Form 10-K for the year ended November 30, 2021 filed with Canadian securities regulatory authorities and with the United States Securities and Exchange Commission and in other Company reports and documents filed with applicable securities regulatory authorities from time to time. The Company's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.
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CAMBRIDGE, England, April 6, 2022 /PRNewswire/ -- Darktrace, a global leader in cyber security AI, today announced that two National Health Service (NHS) trusts in the UK have signed million-dollar renewal contracts with Darktrace as threat levels continue to rise in the sector.
The two trusts, which between them cover five hospitals in the UK and provide emergency treatment and medical care for millions of patients every year, have chosen to continue using Darktrace's Self-Learning AI in the face of a growing number of sophisticated cyber-attacks targeting healthcare organizations. Both trusts use Darktrace's Enterprise Immune System and Darktrace Antigena to spot and stop unpredictable and in-progress cyber-threats before they can disrupt the delivery of critical services or lead to potentially severe consequences for hospital patients.
The healthcare sector has been increasingly targeted by adversaries both in the UK and globally in recent years as attackers have sought to gain access to sensitive patient data and to maximise disruption to the critical infrastructure on which so many people depend. The current geopolitical climate has led government bodies, such as NHS England in the UK, to caution hospitals and healthcare organizations to strengthen their defenses as threat levels have become even more acute.
"We are proud to be protecting organizations like the NHS which form the backbone of our society by keeping people safe and providing critical care to patients," said Poppy Gustafsson OBE, CEO at Darktrace. "It is more important than ever that our critical national infrastructure has robust defenses in place, and Darktrace remains focused on ensuring our customers are equipped to fight back against malicious actors as the threat landscape evolves."
About Darktrace
Darktrace (DARK:L), a global leader in cyber security AI, delivers world-class technology that protects over 6,500 customers worldwide from advanced threats, including ransomware and cloud and SaaS attacks. Darktrace's fundamentally different approach applies Self-Learning AI to enable machines to understand the business in order to autonomously defend it. Headquartered in Cambridge, UK, the company has more than 1,700 employees and over 30 offices worldwide. Darktrace was named one of TIME magazine's 'Most Influential Companies' for 2021.
Media Contacts
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FRAUENFELD, Switzerland, April 6, 2022 /PRNewswire/ -- The solid-state battery from Swiss Clean Battery AG is extremely durable, non-combustible and at least 50% better in terms of environmental performance than conventional lithium-ion batteries.
Solid-state batteries are regarded as the successor technology to conventional lithium-ion batteries. Intensive research is being carried out worldwide - and Switzerland is now the first country to go into series production with this technology.
Rapidly rising energy costs, the energy turnaround and the security of supply of countries can only be solved via renewable energies. And efficient electricity storage systems are a key prerequisite for this.
With production scaling from 1.2 GWh to 7.6 GWH, SCB AG will serve both the Swiss domestic and international markets with sustainable battery storage from 2024.
SCB AG has learned from the Corona crisis, the chip crisis and the Ukraine crisis and is consistently implementing the lessons learned: All machines as well as chemicals are sourced regionally from Switzerland and Germany. Short distances, minimized logistics costs and security of supply are the primacy of our actions.
The newly founded production company SCB AG from Switzerland is revolutionizing the global battery market with its serially produced solid-state battery. Swiss Clean Battery AG, headquartered in Frauenfeld, is convinced that it will leave the international competition behind with its environmentally friendly, safe and extremely powerful product.
The energy transition to renewable energies requires electricity storage, especially in view of the rapidly increasing electricity consumption and the exploding energy costs. However, conventional battery technologies create serious resource and waste problems. SCB AG is treading a new path with the production of a new and sustainable basic technology, the "green solid-state battery".
Lithium-ion batteries have revolutionized the battery world. But now that their production and use are soaring to astronomical heights, the dark side of this development is becoming apparent: Raw materials are needed whose long-term availability is not guaranteed and some of which are extracted under inhumane conditions. There are safety risks, as the batteries can lead to fires and explosions that are difficult to extinguish. And, above all, there will be a huge mountain of waste in the near future. This is because the lifespan of conventional lithium-ion batteries is very limited. They reach the end of their life after a few thousand charging cycles at the latest.
The solid-state battery produced by SCB lasts almost indefinitely and has a 50% better environmental balance than conventional lithium-ion batteries. Furthermore, it is incombustible and therefore safe to use, contains no critical raw materials such as cobalt, and is resistant to deep discharge and fast charging.
Solid-state batteries have been regarded for years as a promising successor technology to conventional lithium-ion batteries. Accordingly, they are the subject of research in numerous laboratories around the world. So far, however, it has not been possible to develop high-performance batteries with solid ion conductors:
A central technical problem is to bring the fixed ion conductor in the battery cells into a stable connection with the electrodes. Many research projects are based on a "modular design" in which individual components are combined outside the cell and then inserted into the housing. This leads to problems with the transfer of ions at the material boundaries between the electrodes and the fixed ion conductor. After more than 30 years of basic research, it has been possible to solve this problem: In this new approach to solving the problem, the fixed ion conductor is formed in the battery cell itself, similar to a multicomponent adhesive. This overcomes the transition problems compared to modular construction.
Swiss Clean Battery AG was founded in February 2022 in Frauenfeld in the canton of Thurgau:
The CEO is Mr. Roland Jung, the CFO Mr. Peter Koch and the COO Dr. Thomas Lützenrath. He is also the COO of High Performance Battery AG, the licensing technology company. The production facility will be scaled from 1.2 GWH to 7.6 GWH:
In the first production phase of 1.2 GWH, SCB AG is planning sales of CHF 318 million. For this, 246 million CHF investment volume in the machinery is planned. In this first stage, SCB AG employs 181 people. A production area of 20,000 m2 will be built in order to manufacture 7.2 million battery cells per year.
The enterprise value in this first stage is CHF 1.3 billion, with a conservative multiple of 18. In addition to debt financing of the production facility, an initial public offering (IPO) is targeted for October 2022 on the Zurich Stock Exchange.
In the final phase, SCB AG is to produce 7.6 GWH, with an investment sum of CHF 775 million and a turnover of over CHF 2 billion. Approximately 100,000 m2 of production area will be built for this purpose. At this stage of expansion, SCB AG will produce nearly 48 million battery cells per year with 1061 employees. The company will then be worth CHF 8.6 billion.
Media contact:
Swiss Clean Battery AG
Bahnhofstrasse 56
CH-8500 Frauenfeld
+41(0)525114020
info@SwissCleanBattery.ch
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West set to toughen sanctions on Russia; Ukraine urges more
KYIV, Ukraine (AP) - Western governments prepared Wednesday to toughen sanctions against Russia and send more weapons to Ukraine, after President Volodymyr Zelenskyy pointedly accused the world of failing to end Moscow’s invasion of his country and what he said was a campaign of murders, rapes and wanton destruction by Russian forces.
In scarred and silent streets of ruined towns around Ukraine’s capital, investigators collected evidence documenting what appeared to be widespread killings of civilians. Specialists cleared mines from devastated towns near Kyiv that Russian troops have left, as Moscow regrouped its forces for a new assault on Ukraine’s east and south at the end of the war’s sixth week.
In Andriivka, a small village about 60 kilometers (40 miles) west of the capital, two police officers from the nearby town of Makariv came to identify a dead man, whose body was left in a field, next to tracks of a Russian tank left in the area.
Capt. Alla Pustova said officers had found 20 bodies in Makariv area in the last two days, as investigators work to understand the scale of atrocities they say retreating Russian forces committed around the capital.
Zelenskyy said that civilians had been tortured, shot in the back of the head, thrown down wells, blown up with grenades in their apartments and crushed to death by tanks while in cars. He told the U.N. Security Council on Tuesday that those responsible should immediately be brought up on war crimes charges in front of a tribunal like the one established at Nuremberg after World War II.
“There is no security,” he told the body. “So where is the peace that the United Nations was created to guarantee?”
GRAPHIC WARNING: Videos in this story may contain disturbing content.
Ukrainian authorities have said the bodies of at least 410 civilians have been found in towns around Kyiv, and the Ukrainian president challenged the U.N. to kick Russia off the Security Council and “do everything that we can do to establish peace.” Barring that, he told the council: “Dissolve yourself.”
Thwarted in their efforts to take the capital and forced to withdraw to Belarus or Russia to regroup, President Vladimir Putin’s forces are now pouring into Ukraine’s industrial eastern heartland of the Donbas, where the Ukraine military has said is it bracing for a new offensive.
Overnight, Russian forces attacked a fuel depot and a factory in Ukraine’s Dnipropetrovsk region, just west of the Donbas, the region’s governor, Valentyn Reznichenko, said on the messaging app Telegram early Wednesday. He said the oil depot was destroyed. The number of casualties was unclear.
In the Luhansk region, which lies in the Donbas, shelling of Rubizhne on Tuesday killed one person and wounded five more, regional governor Serhiy Haidai said on Telegram.
Parts of Luhansk and the other Donbas region of Donetsk have been under control of Russia-backed rebels since 2014 and are recognized by Moscow as independent states. So far, Ukrainian forces have held back Russian troops pushing into the area but remain outnumbered in both troops and equipment, Zelenskyy said in a video address to his country late Tuesday.
Over the past few days, grisly images of civilians apparently killed by Russian forces in Bucha and other towns before they withdrew from the outskirts of Kyiv have caused a global outcry. Western nations have expelled scores of Moscow’s diplomats and are expected to roll out more sanctions Wednesday amid a flurry of meetings of NATO, Group of Seven and European Union diplomats.
Measures will include a ban on all new investment in Russia, a senior U.S. administration official said, speaking on condition of anonymity to discuss the upcoming announcement.
The EU’s executive branch, meanwhile, proposed a ban on coal imports from Russia, worth an estimated 4 billion euros ($4.4 billion) per year. It would be the first time the 27-nation bloc has sanctioned the country’s lucrative energy industry over the war, though it may stop short of cutting off Russia’s lucrative oil and gas exports to Europe.
Zelenskyy said Western sanctions must go much further.
“After the things the world saw in Bucha, sanctions against Russia must be commensurate with the gravity of war crimes committed by the occupiers,” he said in his late-night address.
He said Western leaders would be judged harshly “if after this, Russian banks are able to function as usual; if after this, goods are able to flow into Russia as usual; if after this, European Union countries will pay Russia for energy as usual.”
Russia has insisted its troops have committed no war crimes.
Moscow’s U.N. ambassador, Vassily Nebenzia, said “not a single local person” suffered from violence while Bucha was under Russian control. Using to a tactic Russian officials have often relied on in the face of accusations of atrocities, he said scenes of bodies in the streets were “a crude forgery” staged by the Ukrainians.
In the still largely empty streets of Bucha, dogs wandered among ruined buildings and burned military vehicles. Officials snapped photos of the corpses before gathering some of them.
Associated Press journalists in Bucha counted dozens of corpses in civilian clothes and interviewed Ukrainians who told of witnessing atrocities. Many of the dead seen by AP journalists appeared to have been shot at close range, and some had their hands bound or their flesh burned.
High-resolution satellite imagery from Maxar Technologies showed many of the bodies laid in the open for weeks while Russian forces were in the town.
The dead in Bucha included a pile of six charred bodies, as witnessed by AP journalists. It was not clear who they were or how they died. One body was probably that of a child, said Andrii Nebytov, head of police in the Kyiv region.
The AP and the PBS series “Frontline” have jointly verified at least 90 incidents during the war that appear to violate international law. The chief prosecutor for the International Criminal Court at The Hague opened an investigation a month ago into possible war crimes in Ukraine.
Elsewhere in Ukraine, a passerby in the besieged southern city of Mykolaiv stopped briefly to look at the bright blossoms of a shattered flower stand lying among bloodstains, the legacy of a Russian shell that killed nine people in the city’s center. The onlooker sketched the sign of the cross in the air, and moved on.
British defense officials, meanwhile, said Wednesday that 160,000 people remain trapped by Russian air strikes and heavy fighting in the besieged southern port city of Mariupol, scene of some of the worst suffering of the war.
The Ministry of Defense intelligence update said the city has “no light, communication, medicine, heat or water.” It accused Russian forces of deliberately preventing humanitarian access, “likely to pressure defenders to surrender.”
Ukraine’s Deputy Prime Minister Iryna Vereshchuk said Russian forces stopped buses accompanied by Red Cross workers from traveling to the city, which had a pre-war population of over 400,000. She said Russian troops allowed 1,496 civilians to leave the Sea of Azov port on Tuesday.
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Oleksandr Stashevskyi and Cara Anna in Bucha, Ukraine, Edith M. Lederer at the United Nations, Yuras Karmanau in Lviv, Ukraine, and Associated Press journalists around the world contributed to this report.
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Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
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Ky. teacher resigns after controversy over pro-LGBTQ message
ESTILL COUNTY, Ky. (WKYT) - A Kentucky teacher has resigned after writing a message encouraging LGBTQ students on his classroom board that read “You are free to be yourself with me.”
Tyler Morgan was a music teacher at West Irvine Intermediate School, which teaches third through fifth grade students. He posted a photo of the message on his Facebook page, WKYT reports. It included a rainbow flag, a transgender flag and rainbow colors.
“You are free to be yourself with me. You matter,” the message read.
Some parents feel Morgan’s message was inappropriate, and others did not have an issue with it. Dozens in the community said they stand behind Morgan.
Morgan noted he resigned from Estill County Schools on his own recognizance.
“I still firmly believe more work needs to be done in Kentucky, especially in Eastern Kentucky, to ensure that more resources are provided to make sure all students feel safe, secure, and seen,” he wrote on Facebook.
The Estill County Board of Education is investigating.
Superintendent Jeff Saylor said he had no problem with the statement, explaining the district must meet the needs of all students and families. He said the main issue stemmed from a conversation that took place during class.
It’s not clear what that conversation entailed, but the superintendent said it was not related to academic standards.
In a statement, Saylor wrote, “Of course, there are times that conversations may vary from that day’s lesson plan, but these conversations went far beyond the music curriculum. It is my job to make sure that parents are not surprised by these types of situations.”
The Fairness Campaign, an organization that advocates against sexual orientation and gender discrimination, feels the district mishandled the situation.
“I would not be surprised at all if the school is sued,” said Chris Hartman with the Fairness Campaign.
Hartman said talking about LGBTQ issues in the classroom could help students who may be struggling.
“We know that the rates of suicide, self-harm, depression, and isolation among LGBTQ kids is astronomically high,” Hartman said.
In his statement, Saylor said school counselors have been trained to offer support to students dealing with difficult circumstances.
Copyright 2022 WKYT via Gray Media Group, Inc. All rights reserved.
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3D Calls Upon Toshiba Management to Develop and Announce Mid-Range Plan Before the AGM
3D Asks Toshiba's Board to Solicit Buyout Proposals Prior to AGM
3D Calls Upon Toshiba's Board to Engage with Shareholders Concerning Board Composition and Director Candidates Before the AGM
TOKYO, April 6, 2022 /PRNewswire/ -- 3D Investment Partners Pte. Ltd. (together with the funds it manages, "3D"), one of Toshiba's largest shareholders, today sent a letter to the Board of Directors (the "Board") and Executive Committee of Toshiba Corporation ("Toshiba" or the "Company") (6502.T).
In the letter, 3D indicates that Toshiba must undertake three critical actions prior to the AGM: develop and disclose a mid-range plan, solicit indications of interest from buyout firms and consult with shareholders concerning the Board's composition.
The full text of the letter is copied below:
Dear Members of the Board and Executive Committee,
Last month, Toshiba Corporation ("Toshiba" or the "Company") faced its fourth consecutive contested shareholder meeting. Most recently, shareholders overwhelmingly rejected the Company's proposed two-way split plan that had been enthusiastically promoted by the Board of Directors. Now, for the fourth time in four meetings, shareholders have sent a message of displeasure to the Board.
Once an iconic Japanese company, Toshiba has become a corporate governance embarrassment for Japan. It is time for the Board to take decisive action to restore Toshiba's reputation.
We believe there are three imperatives, all of which must be acted upon in parallel prior to the upcoming AGM, to ensure the Company addresses the most important corporate governance issues in time to garner shareholder support:
- Management must expeditiously prepare a mid-range plan that reflects the full opportunity at Toshiba. Management must not delay the development or disclosure of the plan. Shareholders deserve to know the plan this Board and executive team intend to execute prior to casting their votes at the AGM.
- The Company must publicly announce that it will resume the strategic review process and encourage and solicit bids for all or parts of, and minority investments in, Toshiba. Potential buyers should be asked to provide the Company with preliminary indications of interest (including valuation ranges) prior to the AGM, so the Board can report to shareholders whether it has received such interest prior to shareholders casting their votes. Potential buyers should be assured that any party providing a credible indication of interest at a reasonable value will receive diligence materials, management presentations, cooperation from management and feedback as necessary to enable the bidder to make a second-round, more definitive proposal.
- The Company must immediately begin engaging with its largest shareholders – including those who have publicly expressed concerns about the Company's governance and strategy – to seek their input on Board composition. The Board should not unilaterally determine whom to nominate to the Board including the nomination of Taro Shimada (President and CEO) and Goro Yanase (Vice President and COO), given the lack of trust and progress over the last year. Shareholder views should be objectively considered, and the Board should nominate at least several candidates suggested by shareholders.
For several years, 3D and other large Toshiba shareholders have been disappointed by the actions of this Board and the Company's management. It is time for Toshiba to turn a new page and to begin to fulfill the full promise of Toshiba, restoring it to its rightful place as one of corporate Japan's best companies.
We urge you to immediately take these three steps to begin the process of rebuilding trust between Toshiba and its shareholders.
Kindest regards,
About 3D Investment Partners Pte.
3D Investment Partners Pte. Ltd is an independent Singapore-based Japan focused value investing fund manager founded in 2015. 3D Investment Partners Pte. Ltd. focuses on partnering with managements who share its investment philosophy of medium- to long-term value creation through compound capital growth and a common objective of achieving long-term returns.
Disclaimer
This press release is provided for informational purposes only and does not constitute an offer to purchase or sell any security or investment product, nor does it constitute professional or investment advice. This press release should not be relied on by any person for any purpose and is not, and should not be construed as investment, financial, legal, tax or other advice.
3D Investment Partners Pte. Ltd. and its affiliates ("3DIP") currently beneficially owns and/or has an economic interest in and may in the future beneficially own and/or have an economic interest in, Toshiba group securities. 3DIP intends to review its investments in the Toshiba group on a continuing basis and, depending upon various factors including, without limitation, the Toshiba group's financial position and strategic direction, the outcome of any discussions with Toshiba, overall market conditions, other investment opportunities available to 3DIP, and the availability of Toshiba group securities at prices that would make the purchase or sale of Toshiba group securities desirable, 3DIP may, from time to time (in the open market or in private transactions), buy, sell, cover, hedge, or otherwise change the form or substance of any of its investments (including the investment in Toshiba securities) to any degree in any manner permitted by any applicable law, and expressly disclaims any obligation to notify others of any such changes.
No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness, or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets, or developments referred to herein. 3DIP expressly disclaims any responsibility or liability for any loss howsoever arising from any use of, or reliance on, this press release or its contents as a whole or in part by any person, or otherwise howsoever arising in connection with this press release.
3DIP disclaims any intention or agreement to be treated as a joint holder (kyodo hoyu sha) under the Financial Instruments and Exchange Act of Japan, a closely related party (missetsu kankei sha) under the Foreign Exchange and Foreign Trade Act with other shareholders, or receiving any power to represent other shareholders in relation to the exercise of their voting rights by virtue of its act to express its views, estimates, and opinions or otherwise to engage in dialogue with other shareholders through this press release.
3 DIP does not have the intention to make a proposal, directly or through other shareholders of Toshiba, to transfer or abolish the business or asset of Toshiba and/or Toshiba group companies at the general shareholders meeting of Toshiba. 3DIP does not have the intention and purpose to engage in any conduct which constricts the continuing and stable implementation of business of Toshiba and/or Toshiba group companies. 3DIP does not have the intention to attend or have any person appointed by 3DIP attend the meeting of the board of directors or committee that has the power to make material decision of Toshiba either.
3DIP does not have the intention to require an answer or certain conduct to members of the board of directors or committee that has the power to make material decision of Toshiba concerning the business of Toshiba and/or Toshiba group companies.
In respect of information that has been prepared by 3DIP (and not otherwise attributed to any other party) and which appear in the English language version of this press release, in the event of any inconsistency between the English language version and the Japanese language version of this press release, the meaning of the English language version shall prevail unless otherwise expressly indicated.
Contacts
3D Investment Partners Pte. Ltd.
3DIPartners@3dipartners.com
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HANGZHOU, China and SHAOXING, China, April 6, 2022 /PRNewswire/ -- Ascletis Pharma Inc. (HKEX code: 1672) today announces that the Investigational New Drug (IND) application of its second fatty acid synthase (FASN) inhibitor ASC60 for treatment of advanced solid tumors has been approved by China National Medical Products Administration. ASC60 IND approval further strengthens Ascletis' oncology pipeline.
Many solid and hematopoietic tumors overexpress FASN, including non-small cell lung, breast, ovarian, prostate, colon, pancreatic cancers, recurrent glioblastoma (rGBM) and non-Hodgkin lymphoma. ASC60 (also known as TVB-3567 outside China) is an oral and very potent inhibitor of FASN, a key enzyme which regulates de novo lipogenesis (DNL). ASC60 inhibits energy supply and disturbs membrane phospholipid composition of tumor cells by blocking DNL. Based on preclinical data including efficacy in animal models, predicted human efficacious dose of ASC60 will be between 10 mg/m2 and 20 mg/m2.
"We are excited about China IND approval of ASC60. Together with the recent U.S. IND approval of ASC61, an oral PD-L1 small molecule inhibitor, we are exploring opportunities for all-oral combinations between oral PD-L1 small molecule inhibitor and FASN inhibitors as well as other oral anti-tumor drugs from our business partners." said Dr. Jinzi J. Wu, Founder, Chairman and CEO of Ascletis.
About Ascletis
Ascletis is an innovative R&D driven biotech listed on the Hong Kong Stock Exchange (1672.HK), a global platform covering the entire value chain from discovery and development to manufacturing and commercialization. Ascletis is committed to developing and commercializing innovative drugs in the areas of viral diseases, NASH/PBC, and cancer (oral cancer metabolic checkpoint and immune checkpoint inhibitors) to address unmet medical needs both in China and globally. Led by a management team with deep expertise and a proven track record, Ascletis targets those therapeutic areas with unmet medical needs from a global perspective, and efficiently advances the developments of pipelines with an aim of leading in global competition. To date, Ascletis has three marketed products and 20 robust R&D pipelines of drug candidates with global competitiveness, and is actively exploring new therapeutic areas.
1. Viral Diseases: (1) Hepatitis B Virus (functional cure): focus on breakthrough therapies for CHB functional cure with a subcutaneously-injected PD-L1 antibody – ASC22 and Pegasys® as cornerstone drugs. (2) COVID-19 pipeline: currently includes (i) ritonavir oral tablet (100 mg), an authorized product, (ii) ASC10, an oral RNA dependent RNA polymerase (RdRp) inhibitor and (iii) ASC11, an oral 3-chymotrypsin like protease (3CLpro) inhibitor. (3) HIV/AIDS: ASC22, an immune therapy to restore HIV-specific immune responses and eventually lead to a functional cure of HIV-infected patients. (4) Hepatitis C: successfully launched an all-oral regimen of combining ASCLEVIR® and GANOVO® (RDV/DNV regimen).
2. Non-alcoholic Steatohepatitis/Primary Biliary Cholangitis: Gannex, a wholly-owned company of Ascletis, is dedicated to the R&D and commercialization of new drugs in the field of NASH. Gannex has three clinical stage drug candidates against three different targets – FASN, THRβ and FXR, three fixed-dose combinations for NASH and one PBC program targeting FXR.
3. Cancer (oral cancer metabolic checkpoint and immune checkpoint inhibitors): a pipeline of oral inhibitors targeting FASN, which plays a key role in cancer lipid metabolism, and a pipeline of oral PD-L1 small molecule next generation immune checkpoint inhibitors.
4. Exploratory Indications: Acne: Following NASH and recurrent GBM, the third indication for ASC40 has been approved to enter Phase 2 clinical trial. For more information, please visit www.ascletis.com.
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CRANFORD, N.J., April 6, 2022 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius" or the "Company") (Nasdaq: CTXR), a late-stage biopharmaceutical company dedicated to the development and commercialization of first-in-class critical care products in oncology, anti-infectives in adjunct cancer care, unique prescription products, and stem cell therapies, today reported topline results from the pivotal Phase 3 trial of I/ONTAK (E7777), an engineered IL-2-diphtheria toxin fusion protein, for the treatment of patients with persistent or recurrent cutaneous T-cell lymphoma (CTCL). The topline results for I/ONTAK (denileukin diftitox), a purified and more bioactive formulation of previously marketed ONTAK®, were consistent with the prior formulation. Moreover, no new safety signals were identified. Based on this data, Citius anticipates filing a biologics license application (BLA) with the U.S. Food and Drug Administration (FDA) in the second half of 2022.
"We are encouraged by the results of the study, which we believe are clinically meaningful, and are hopeful that I/ONTAK will be an important treatment option for patients with persistent or recurrent CTCL. There is no single standard of care for this orphan disease. We believe the full body of data from this and prior studies will support a successful reintroduction of denileukin diftitox to the market. We are eager to move forward with a BLA submission for the treatment of CTCL later this year. This important milestone brings Citius one step closer to launching its first commercial product next year, if approved by the FDA," stated Myron Holubiak, Chief Executive Officer of Citius.
"The topline results demonstrated anti-tumor activity in the treatment of persistent or recurrent CTCL, an incurable disease. Based on the topline data, I/ONTAK provided disease control without cumulative toxicity. I/ONTAK has a unique dual mechanism of action that exerts both direct tumor cell killing and transient elimination of immunosuppressive Tregs within the tumor microenvironment. The topline data further demonstrate that I/ONTAK has an average time to response within one to two cycles of treatment in patients that have failed multiple prior therapies. If approved, we believe this biologic with its observed efficacy and safety data, and which is already approved for CTCL and peripheral T-cell lymphoma (PTCL) patients in Japan, would arm oncologists in the U.S. with an important additional treatment option for this devastating orphan disease," added Dr. Myron Czuczman, Chief Medical Officer of Citius.
Study (E7777-G000-302) is a pivotal, multicenter, open-label, single-arm study of I/ONTAK (E7777) in subjects with persistent or recurrent CTCL (NCT01871727). All subjects were diagnosed with Mycosis Fungoides or Sézary Syndrome, with tumors assessed as positive for expression of the CD25 subunit of the IL-2 receptor.
The study was conducted in two parts with an initial Lead-In Study to determine the optimal dose of I/ONTAK, followed by the Main Study. The Lead-In study was completed with 21 subjects treated at doses of 6 to 15 µg/kg/day. Final data collection for the Lead-In Study occurred in August 2015. The Protocol Steering Committee selected a dose of 9 μg/kg/day to be used for the Main Study. A total of 91 subjects with Stage I-IV CTCL were enrolled in the Main Study. Study participants were administered 9 μg/kg/day of I/ONTAK (E7777) by intravenous infusion over 60 minutes (+/-10 minutes) on 5 consecutive days per cycle every 21 days.
A total of 71 subjects with Stage I-III persistent or recurrent CTCL from the Lead-In and Main Studies were assessed for efficacy with 69 subjects included in the Primary Efficacy Analysis Set. Study 302 was completed in December 2021.
The primary outcome measure of Study 302 is the Objective Response Rate (ORR) based on the Global Response Score (GRS) (Olsen, JCO 2011). ORR is defined as the proportion of subjects with a significant reduction in tumor size that can be classified as achieving either a partial response (PR) or a complete response (CR).
- According to the trial protocol, the treatment would be considered efficacious and demonstrate clinical benefit if the lower limit of the 2-sided 95% exact confidence interval (CI) of the observed ORR exceeds 25.0%, as determined by the Independent Review Committee (IRC);
- In this study, the IRC determined the study achieved an ORR of 36.2%, 95% confidence interval (25.0%, 48.7%) (25 patients out of 69);
- An Investigator Efficacy Analysis determined that the study achieved an ORR of 42.3%, 95% confidence interval (30.6%, 54.6%) (30 patients out of 71);
- The FDA recently provided additional written comments indicating that their efficacy evaluation will be based on study results showing the lower limit of a 95% confidence interval to exceed a clinically relevant response rate (determined during BLA review) which may be supported with data from from the prior ONTAK study that led to ONTAK's intial approval. In our trial ORR will need to be supported by adequate magnitude of duration of response and an acceptable risk/benefit ratio;
- Overall rates of adverse events and serious adverse events were consistent with published data of previously approved ONTAK. Most common adverse events included: nausea, fatigue, increased alanine aminotransferase, chills and peripheral oedema. No new safety concerns were identified.
The study evaluated additional secondary and exploratory endpoints that include progression free survival, duration of response, time to response, skin response, duration of skin response, time to skin response, ORR (Prince, JCO 2010) and safety.
These results reflect preliminary topline data and are subject to further analysis. These data as well as full detailed results will be presented at upcoming scientific conferences and submitted for publication.
Selected Preliminary Efficacy Data Table
- Independent Review Committee assessment of the Primary Efficacy Analysis Set which included 69 Stage I-III CTCL subjects from the Lead-In Study and the Main Study who received a dose of 9 ug/kg/day of study drug. *Two subjects included in the Investigator Efficacy Analysis Set were considered by the IRC to have Stage IV CTCL and excluded from the Primary Efficacy Analysis Set. This dataset matches the patient population used for the ONTAK indication.
- Investigator Efficacy Analysis Set: All subjects considered by the Investigators to have Stage I-III CTCL who received study drug at 9 μg/kg dose in Lead-In and Main Study (n=71)
I/ONTAK is a recombinant fusion protein that combines the interleukin-2 (IL-2) receptor binding domain with diphtheria toxin fragments. The agent specifically binds to IL-2 receptors on the cell surface, causing diphtheria toxin fragments that have entered cells to inhibit protein synthesis. I/ONTAK, a purified version of denileukin diftitox, is a reformulation of previously FDA-approved oncology treatment ONTAK. ONTAK was marketed in the U.S. from 1999 to 2014, when it was voluntarily withdrawn from the market. Manufacturing improvements resulted in a new formulation, which maintains the same amino acid sequence but features improved purity and bioactivity. The new formulation received regulatory approval in Japan for the treatment of CTCL and PTCL. In 2011 and 2013, the FDA granted orphan drug designation (ODD) to I/ONTAK for the treatment of PTCL and CTCL, respectively, making it potentially eligible for seven years of market exclusivity post-approval for each indication.
Cutaneous T-cell lymphoma is a type of cutaneous non-Hodgkin lymphoma (NHL) that comes in a variety of forms and is the most common type of cutaneous lymphoma. In CTCL, T-cells, a type of lymphocyte that plays a role in the immune system, become cancerous and develop into skin lesions, leading to a decrease in the quality of life of patients with this disease due to severe pain and pruritus. Mycosis Fungoides (MF) and Sézary Syndrome (SS) comprise the majority of CTCL cases. Depending on the type of CTCL, the disease may progress slowly and can take anywhere from several years to upwards of ten to potentially reach tumor stage. However, once the disease reaches this stage, the cancer is highly malignant can spread to the lymph nodes and internal organs, resulting in a poor prognosis. Given the duration of the disease, patients typically cycle through multiple systemic agents to control disease progression. CTCL affects men twice as often as women and is typically first diagnosed in patients between the ages of 50 and 60 years of age. Other than allogeneic stem cell transplantation, for which only a small fraction of patients qualify, there is currently no curative therapy for advanced CTCL. Approximately 3,000 new cases are reported in the United States every year, with an estimated 30,000 - 40,000 individuals living with the disease.
Citius is a late-stage biopharmaceutical company dedicated to the development and commercialization of first-in-class critical care products, with a focus on oncology, anti-infectives in adjunct cancer care, unique prescription products, and stem cell therapies. The Company has two late-stage product candidates, Mino-Lok, an antibiotic lock solution for the treatment of patients with catheter-related bloodstream infections (CRBSIs), which is currently enrolling patients in a Phase 3 Pivotal superiority trial, and I/ONTAK (E7777), a novel IL-2R immunotherapy for an initial indication in cutaneous T-cell lymphoma (CTCL), which has completed enrollment in its Pivotal Phase 3 trial. Mino-Lok was granted Fast Track designation by the U.S. Food and Drug Administration (FDA). I/ONTAK has received orphan drug designation by the FDA for the treatment of CTCL and peripheral T-cell lymphoma (PTCL). Through its subsidiary, NoveCite, Inc., Citius is developing a novel proprietary mesenchymal stem cell treatment derived from induced pluripotent stem cells (iPSCs) for acute respiratory conditions, with a near-term focus on acute respiratory distress syndrome (ARDS) associated with COVID-19. For more information, please visit www.citiuspharma.com.
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are made based on our expectations and beliefs concerning future events impacting Citius. You can identify these statements by the fact that they use words such as "believe," "anticipate," "estimate," "expect," "plan," "should," and "may" and other words and terms of similar meaning or use of future dates. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks associated with preparing and submitting and receiving approval for our planned biologics license application for I/ONTAK; our ability to commercialize our products if approved by the FDA; the estimated markets for our product candidates and the acceptance thereof by any market; the ability of our product candidates to impact the quality of life of our target patient populations; our dependence on third-party suppliers; our ability to successfully undertake and complete clinical trials and the results from those trials for our product candidates; risks relating to the results of research and development activities, including those from existing and new pipeline assets; uncertainties relating to preclinical and clinical testing; our need for substantial additional funds; the early stage of products under development; market and other conditions; our ability to attract, integrate, and retain key personnel; risks related to our growth strategy; patent and intellectual property matters; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; our ability to identify, acquire, close and integrate product candidates and companies successfully and on a timely basis; our ability to procure cGMP commercial-scale supply; government regulation; competition; as well as other risks described in our SEC filings. These risks have been and may be further impacted by Covid-19. Accordingly, these forward-looking statements do not constitute guarantees of future performance, and you are cautioned not to place undue reliance on these forward-looking statements. Risks regarding our business are described in detail in our Securities and Exchange Commission ("SEC") filings which are available on the SEC's website at www.sec.gov, including in our Annual Report on Form 10-K for the year ended September 30, 2021, filed with the SEC on December 15, 2021 and updated by our subsequent filings with the SEC. These forward-looking statements speak only as of the date hereof, and we expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.
Investor Relations for Citius Pharmaceuticals:
Ilanit Allen
Vice President, Investor Relations and Corporate Communications
T: 908-967-6677 x113
E: ir@citiuspharma.com
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PALO ALTO, Calif., April 6, 2022 /PRNewswire/ -- Clip Automation has acquired Sapphire Automation, a leading industrial SCADA software company. The acquisition allows Clip Automation, the industrial data intelligence platform, to expand its offerings and bring on Sapphire's equipment control and automation experts to further develop these capabilities.
Sapphire Automation's founding team, Nitin Parekh and Manoj Betaware, have joined Clip. Sapphire's customers will continue to have access to the same technology as before, with new integrations such as connectivity and collaboration available through the entire ClipSuite.
The Clip founding team, comprised of former Apple and Juul Labs executives, understands the need for data intelligence on manufacturing and warehouse floors. And with Supply Chain disruption top of mind for many companies, Clip is poised to capture the $287 billion Smart Manufacturing market.
Clip Automation's CEO, Rajeev Bhalla said, "Sapphire's leadership in industrial analytics builds on Clip's existing connectivity and collaboration solutions. We're excited to offer new capabilities to our existing customers and welcome new customers with these offerings."
The integration with Sapphire's technology facilitates fully customizable KPIs and reporting for actionable industrial insights. Sapphire's Automation Framework (SAFW) has already been integrated into Clip as Clip360.
"We've been users of Sapphire's products and know their product's value to customers. Sapphire's no-code equipment controls environment is a great addition to Clip product offering and will help our OEM customers accelerate their automation deployment. Together we will build a future where industry relies on modern data intelligence," said Sriny Sundararajan, CTO, Clip.
"We're thrilled to join Clip. As part of their product portfolio, we can now deliver a fully integrated industrial infrastructure technology stack," said Nitin Parekh, CEO, Sapphire Automation.
About Clip Automation
Clip is a modern industrial data intelligence platform; designed to connect people, processes and machine data. Clip unlocks value from equipment assets to make anything an IOT device. Clip extracts industrial equipment and process data and shares with MES and IT systems using edge and cloud solutions. Clip enables real-time access to industrial business intelligence. Learn more at clipautomation.com.
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