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Man arrested after running wife over, killing her in airport parking deck, police say
SALT LAKE CITY (Gray News) - Police have arrested a man accused of killing his wife by running her over in a vehicle while driving under the influence in an airport parking deck.
Salt Lake City police responded to the Salt Lake City International Airport Monday afternoon after learning a woman was seriously hurt in a collision.
When officers arrived, they found Charlotte Sturgeon, 29, with serious injuries. Paramedics transported her to the hospital where she died.
Investigators believe her husband, Shawn Christopher Sturgeon, 38, ran over his wife while driving the SUV on the second level of the short-term airport parking garage soon after the couple returned from a vacation.
Police said the husband drove to the payment booths to ask for help after the collision, and he never left airport property before his arrest.
Detectives booked Sturgeon and placed him in the Salt Lake County Metro Jail, where he faces a charge of automobile homicide - criminal negligence DUI of alcohol/drugs.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.whsv.com/2022/04/05/man-arrested-after-running-wife-over-killing-her-airport-parking-deck-police-say/
| 2022-04-06T10:50:26Z
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Several rounds of rain this week
Rain will be very beneficial to minor drought
WEDNESDAY: Plenty of clouds to start the day with a few lingering showers only until just after sunrise. Patchy fog in the morning. Clouds stick around for the day but they will break up some for the late morning and into the afternoon so we will have some sunshine. Warm with highs in the upper 60s to low 70s. If we see very little sunshine and clouds stick around, highs will remain in the 60s for everyone.
Some clouds for the evening and mild with temperatures falling into the 60s. More clouds building back in with the next system arriving overnight. Scattered showers arriving around midnight, sticking through the overnight. A steady rain at times. Overnight lows in the upper 40s to low 50s.
THURSDAY: Starting out the day with clouds and a steady rain with patchy fog. Morning temperatures in the 50s. Drive carefully for the morning as the roads will be damp and visibility will be poor. A cold front will pass during the morning as rain sticks around into the afternoon before some clearing late in the day after 4pm. When all is said and done, we are looking at 0.75-1.5″ of rainfall from the two systems combined. Some sunshine late in the day and into the early evening. Mild for the day with highs in the upper 50s to low 60s.
Some clouds for the evening and pleasant with temperatures falling into the 50s. Plenty of clouds heading into the overnight with a few scattered showers across our West Virginia locations. The Alleghenies may see a few snowflakes mix in with the rain showers. Chilly with overnight lows in the upper 30s to low 40s.
FRIDAY: A mix of sun and clouds to start the day and chilly with temperatures in the 40s. More clouds during the afternoon hours and pleasant with highs in the mid to upper 50s. A few scattered showers for the afternoon but anything would be light and some will not see rain. Breezy for the afternoon. Some clouds for the night as it turns cold with lows in the low to mid 30s.
SATURDAY: Some clouds to start and chilly. Temperatures rising into the 40s for the morning. Adding more clouds for the afternoon and turning pleasant with highs in the upper 40s to low 50s. Some clouds overnight and cold with overnight lows in the low to mid 30s.
SUNDAY: Plenty of sunshine to start the day with a few passing clouds and temperatures rising into the 40s. Some clouds for the afternoon with sunshine and turning pleasant once again with highs in the upper 40s to low 50s. Keeping a fair amount of clouds for the overnight and turning cold with lows in the low to mid 30s.
MONDAY: A good amount of sunshine to start and pleasant with temperatures quickly rising into the 50s. A mild afternoon with highs in the upper 60s to low 70s with a mix of sun and clouds. Plenty of clouds overnight and turning chilly with lows in the low to mid 40s.
As always, you can get the latest updates by downloading and checking the WHSV Weather App.
**A reminder that spring wildfire season is underway for both Virginia and West Virginia. No outdoor burning before 4pm in Virginia until April 30th. No outdoor burning in West Virginia before 5pm through May 31.**
Copyright 2021 WHSV. All rights reserved.
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https://www.whsv.com/2022/04/05/several-rounds-rain-this-week/
| 2022-04-06T10:50:32Z
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Tiger Woods says he’s planning to play the Masters
AUGUSTA, Ga. (AP) — Two words can go a long way when Tiger Woods is behind them.
No one would have been surprised if Woods never played golf again after a car crash in Los Angeles that damaged his right leg so badly he said doctors raised the prospect of amputation. Out of the public eye for nine months, Woods sent hopes soaring last November with a video of him swinging the club with a simple message, “Making progress.”
And here he is at Augusta National, making a Monday practice round feel like Sunday at a major because of the gallery, walking the steep slopes, swinging well and making it clear he has every intention of playing in the Masters.
Does he think he can win?
Woods offered the shortest answer of his press conference: “I do.”
He said Tuesday he is planning to play and thinks he can win. Never mind that it will be 508 days from the last time he played a tournament where he had to walk, or that he returns to this Masters with screws and rods still holding the bones in place in his right leg.
Woods also is 46. He would be the oldest Masters champion by three weeks over Jack Nicklaus.
The biggest question is how he holds up over 18 holes for four straight days. Woods walked 18 holes last week — his first big test — during a scouting trip with 13-year-old son Charlie (including a stop at the Par 3 course).
He played the back nine on Sunday, the front nine on Monday.
Woods plans nine more for Wednesday and then it’s “game time.” He is to tee off at 10:34 a.m. Thursday with Louis Oosthuizen and Joaquin Niemann.
“I can hit it just fine. I don’t have any qualms about what I can do physically from a golf standpoint,” Woods said. “Walking is the hard part. This is normally not an easy walk to begin with. Now given the conditions that my leg is in, it gets even more difficult.
“Seventy-two holes is a long road and it’s going to be a tough challenge,” he said. “And a challenge that I’m up for.”
That might be the biggest reason Woods is even at Augusta National for more than the sushi and miso-glazed cod and Wagyu beef that defending champion Hideki Matsuyama put on the menu for the champions-only dinner Tuesday night.
If he never plays — if he never wins — Woods said he is satisfied with what he has achieved.
“I think 82 is a pretty good number,” Woods said. “And 15 is not too bad, either.”
His 15 majors are second only to Jack Nicklaus and his 18, the gold standard in golf. He is tied with Sam Snead for the PGA Tour career record with 82 wins.
So why keep coming back? What else is there to prove?
“I love competing,” Woods said. “And I feel like if I can still compete at the highest level, I’m going to. And if I feel like I can still win, I’m going to play.”
“I don’t show up to an event unless I think I can win it. So that’s the attitude I’ve had,” he said. “There will be a day when it won’t happen, and I’ll know when that is.”
Shortly after he spoke, the starting times were released. Woods is helped by being part of the early-late rotation, meaning he will have some 22 hours between rounds.
Otherwise, Tuesday was mostly a wash. Woods wasn’t planning on anything more than working on the range, anyway, and even that worked in his favor. Heavy storms moved over Augusta about the time he finished his work, and the course was closed the rest of the day.
As long as Woods has been part of Masters lore — Nicklaus and Arnold Palmer once predicted he would win more green jackets than both of them combined (10) — the reality is rust from no serious competition and a body that has endured at least 10 surgeries to both legs and his back.
But he’s planning to play, and that feels like enough. For now.
“I think that the fact that I was able to get myself here to this point is a success,” Woods said. “And now that I am playing, now everything is focused on, ‘How do I get myself into the position where I’m on that back nine on Sunday with a chance?’ Just like I did a few years ago.”
That was 2019, his fifth Masters title that followed four surgeries the previous five years on his lower back.
“How many comebacks has he had?” Jordan Spieth asked in wonderment.
There was the return from reconstructive knee surgery after his 2008 U.S. Open victory. He won seven times worldwide the following year. There was a return to No. 1 following the implosion in his personal life, and before the back surgeries.
Nothing compares with this one, mainly because of the walking involved on a leg so badly damaged that Woods spent three months in a hospital bed before advancing to a wheel chair, crutches, a compression sleeve and still the occasional limp.
“It’s amazing if you think about where he was at a year ago to now,” Spieth said. “I don’t know how many people — if anybody — could be out here. And this is not an easy walk. So to be out here and not to throw his age in the mix, but I don’t think that helps much for that recovery.
“But is anybody surprised?”
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/05/tiger-woods-says-hes-planning-play-masters/
| 2022-04-06T10:50:40Z
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“1-2 punch” leads JMU’s potent offensive attack
HARRISONBURG, Va. (WHSV) - If you show up late to a James Madison baseball game, you might miss some offensive fireworks.
“Friday night (vs. Elon) two pitches and we are up 2-0,” said JMU redshirt junior third baseman Tre Dabney. “From a hit-by-pitch and from him just launching a ball.”
Dabney is referring to last Friday’s game between the Dukes and Phoenix when he was hit by a pitch to open the bottom of the first inning. On the next pitch, Chase DeLauter blasted a two-run homer to right field. With Dabney and DeLauter batting at the top of the order, JMU features arguably the best offense of any CAA team this spring.
“We are always talking about the 1-2 punch,” said DeLauter, a redshirt sophomore who starts in center field for the Dukes.
DeLauter, who missed a few games earlier this season due to injury, is a superstar in college baseball. He’s batting .413 with six home runs and 29 RBI while ranking fifth in the country with a .563 on-base percentage to go along with 25 walks and a 1.296 OPS. He’s projected as a potential top-ten pick in the upcoming 2022 MLB Draft.
With DeLauter in the on-deck circle, Dabney benefits in the leadoff spot. He’s batting .327 with six home runs and 25 RBI to go along with a .500 on-base percentage and 1.094 OPS. Dabney has been hit by a pitch 14 times this season, the fifth highest total in the country.
“When Chase is in the lineup, he’s the star guy so when I am up, I get the pitches, I get on base,” said Dabney.
JMU head coach Marlin Ikenberry added: “(Dabney) is one of those guys in the leadoff role where he can add a run with one swing of the bat. His on-base percentage is phenomenal.”
With Dabney and DeLauter setting the tone at the top of the order, the entire JMU lineup is thriving. The Dukes lead the CAA in runs (205), hits (265), doubles (62), RBI (186), and on-base percentage (.402) while posting a 16-11 overall record and 4-2 mark in conference play.
“I think it’s just the fact that we are such a diverse offense,” said DeLauter. “We got power. We got contact. Hit for average. We can run. I think one through nine, we can really do damage.”
JMU is scheduled to visit VMI for a 6 p.m. first pitch Wednesday night in Lexington.
Copyright 2022 WHSV. All rights reserved.
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https://www.whsv.com/2022/04/06/1-2-punch-leads-jmus-potent-offensive-attack/
| 2022-04-06T10:50:50Z
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Group claims fetuses in DC home proof of illegal abortions
Published: Apr. 6, 2022 at 12:13 AM EDT|Updated: 6 hours ago
WASHINGTON (AP) - An anti-abortion group says the five fetuses found last week in a member’s home came from the medical waste being disposed by a Washington, D.C., abortion clinic.
The group, known as the Progressive Anti-Abortion Uprising, claims it contacted the police to collect the fetuses in hopes that an autopsy would prove that the clinic was conducting federally illegal late-stage abortions.
Last week, the Metropolitan Police Department removed five aborted fetuses from the home of Lauren Handy, a longtime anti-abortion rights activist.
Police removed the fetuses one day after Handy and eight others were charged with blocking access to an abortion clinic in 2020.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/06/group-claims-fetuses-dc-home-proof-illegal-abortions/
| 2022-04-06T10:50:56Z
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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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https://www.whsv.com/2022/04/06/killings-ukrainian-civilians-could-bring-more-sanctions/
| 2022-04-06T10:51:03Z
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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.whsv.com/2022/04/06/ky-teacher-resigns-after-controversy-over-pro-lgbtq-message/
| 2022-04-06T10:51:11Z
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Mom says 1-year-old suffered bites, scratches at Ohio daycare
FREMONT, Ohio (WTVG) - An Ohio mother claims someone abused her 1-year-old son while watching him at a home daycare center. Police are investigating the allegation.
Janae Lawson says she picked her 1-year-old son up last week from the caregiver, and his face was bruised with a bite mark. His mother wants to know what happened to him while he was at daycare.
WTVG did not report the name of the daycare because no charges have been filed in the case.
“He had scratches all over his face,” Lawson said. “I took him home, took a sleeper off, and I noticed that there were bite marks on his arm. There were scratches on his chest and all over his neck.”
She took her son to the hospital. Medical documents claim he apparently suffered physical abuse.
Fremont Police are investigating to see what happened to the 1-year-old.
“I’m very hurt and disappointed because I’ve had this babysitter for a few months now, and I just want answers,” Lawson said. “I just want to know what happened to my son. The bruises are still there, and he’s probably going to have a scar on his face.”
Copyright 2022 WTVG via Gray Media Group, Inc. All rights reserved.
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https://www.whsv.com/2022/04/06/mom-says-1-year-old-suffered-bites-scratches-ohio-daycare/
| 2022-04-06T10:51:17Z
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Oklahoma state House approves bill to make abortion illegal
OKLAHOMA CITY (AP) — The Oklahoma House gave final legislative approval on Tuesday to a bill that would make performing an abortion a felony, punishable by up to 10 years in prison.
With little discussion and no debate, the Republican-controlled House voted 70-14 to send the bill to Republican Gov. Kevin Stitt, who has previously said he’d sign any anti-abortion bill that comes to his desk.
The bill is one of several anti-abortion measures still alive in Oklahoma’s Legislature this year, part of a trend of GOP-led states passing aggressive anti-abortion legislation as the conservative U.S. Supreme Court is considering ratcheting back abortion rights that have been in place for nearly 50 years.
The Oklahoma bill, which passed the Senate last year, makes an exception only for an abortion performed to save the life of the mother, said GOP state Rep. Jim Olsen, of Roland, who sponsored the bill. Under the bill, a person convicted of performing an abortion would face up to 10 years in prison and a $100,000 fine.
“The penalties are for the doctor, not for the woman,” Olsen said.
Similar anti-abortion bills approved by the Oklahoma Legislature and in other conservative states in recent years have been stopped by the courts as unconstitutional, but anti-abortion lawmakers have been buoyed by the U.S. Supreme Court’s decision to allow new Texas abortion restrictions to remain in place. The new Texas law, the most restrictive anti-abortion law in the U.S. in decades, leaves enforcement up to private citizens, who are entitled to collect what critics call a “bounty” of $10,000 if they bring a successful lawsuit against a provider or anyone who helps a patient obtain an abortion. Several states, including Oklahoma, are pursuing similar legislation this year.
The Oklahoma bill’s passage came on the same day as more than 100 people attended a “Bans Off Oklahoma” rally outside the Capitol in support of abortion rights.
“These legislators have continued their relentless attacks on our freedoms,” said Emily Wales, interim president and CEO of Planned Parenthood Great Plains Votes. “These restrictions are not about improving the safety of the work that we do. They are about shaming and stigmatizing people who need and deserve abortion access.”
Wales said Planned Parenthood’s abortion clinic in Oklahoma has seen an 800% increase in the number of women from Texas after that state passed its new anti-abortion law last year.
The Texas law bans abortion once cardiac activity is detected, usually around six weeks of pregnancy, without exceptions in cases of rape or incest.
Also Tuesday, the Oklahoma House adopted a resolution to recognize lives lost due to abortion and urge citizens to fly flags at half-staff on Jan. 22, the day the U.S. Supreme Court legalized abortion in its landmark 1973 decision in Roe v. Wade.
___
This story has been updated to correct the spelling of state Rep. Jim Olsen’s name.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/06/oklahoma-state-house-approves-bill-make-abortion-illegal/
| 2022-04-06T10:51:23Z
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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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https://www.whsv.com/2022/04/06/watch-amazon-worker-accused-forcing-his-way-into-womans-house/
| 2022-04-06T10:51:30Z
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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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SOURCE 3D Investment Partners Pte. Ltd.
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https://www.whsv.com/prnewswire/2022/04/06/3d-investment-partners-sends-open-letter-board-directors-executive-committee-toshiba-corporation/
| 2022-04-06T10:51:38Z
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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
View original content:
SOURCE AARP Mississippi
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https://www.whsv.com/prnewswire/2022/04/06/aarp-mississippi-offers-events-help-mississippians-protect-themselves-fraud-scams/
| 2022-04-06T10:51:44Z
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The company will showcase its full range of solutions for livestock development projects, offering tailor-made solutions based on customer requirements and budget
UTRECHT, Netherlands, April 6, 2022 /PRNewswire/ -- Agrotop, a leading global player in livestock turnkey projects, will present a full line of innovative solutions for the poultry industry at VIV Europe 2022, which will take place from May 31 to June 2, 2022, in Utrecht, the Netherlands.
The company will present solutions for livestock projects at booth 12.C021 in Hall 12.
Agrotop operates globally, offering tailor-made technologies for all climate zones, from hot tropical to the cold of Eastern and Northern Europe.
Agrotop specializes in providing turnkey solutions for integrated livestock projects. The company has accumulated vast experience in building both chicken meat (broiler) and table egg integrated projects. By working with Agrotop, a client can source all aspects of poultry integration from one source, including:
- Poultry sheds of all types, fully equipped and controlled
- Feed mills, grain elevators and storage
- Hatchery, building and equipment
- Layer integration, egg storage and sorting
- Slaughterhouse and further processing plant
- Environmental and recycling, including rendering, water treatment and advanced compost solutions
"We are looking forward to holding face-to-face meetings with existing and future potential clients," said Gavriel Pelleg, Agrotop's CMO and founding partner. "VIV Europe 2022 provides us with a great opportunity to demonstrate Agrotop's proven ability to provide tailor-made solutions for poultry growers and entrepreneurs."
"Agrotop can design, supply and implement fully vertically integrated poultry projects or part of one. The services supplied include developing the concept, preparation of bankable business plan, assistance with raising capital, knowledge transfer and continuous monitoring."
For livestock projects, Agrotop can design and supply:
- Environmentally controlled pig sheds of all types
- Turnkey dairy projects
- Aquaculture projects based on RAS technology
One of the main advantages of working with Agrotop is that the project is designed as a whole. Risk is reduced as a single supplier is responsible for all linkages and interfaces between the component parts. Engaging one supplier such as Agrotop makes it also possible to consolidate financing.
To schedule a meeting at VIV Europe, contact us
About Agrotop
Agrotop is a leading global player in livestock turnkey projects. The company provides a full range of services for realizing livestock and agro-industry construction projects, while focusing on its clients' visions and maximizing their business results.
Contact Person
Stanley Kaye
Business Development
Agrotop
+972-54-7792869
stanley@agrotop.co.il
View original content:
SOURCE Agrotop
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https://www.whsv.com/prnewswire/2022/04/06/agrotop-present-advanced-turnkey-livestock-solutions-viv-europe-2022/
| 2022-04-06T10:51:50Z
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STOCKHOLM, April 6, 2022 /PRNewswire/ -- Stockholm-based Digital Therapeutics (DTx) company Alex Therapeutics today announces it has secured a €3.5M funding round, led by European life science venture fund Hadean Ventures and joined by Scale Capital and Bonit Capital.
Alex Therapeutics aspires to become the global go-to partner for pharma, and other life-science companies seeking to develop and launch DTx solutions. These digital health products are validated in clinical trials and prescribed by a doctor, similar to traditional therapeutics. This funding round will be used to accelerate Alex's growth in Europe and the US and to develop novel DTx products alongside both new and existing partners, including Pfizer.
The round was led by Hadean Ventures, a European specialist life science venture fund, with participation from Scale Capital and Bonit Capital, the Leksell (founder of medical device company Elekta) family office. The new investors provide cross-disciplinary expertise in successfully developing medical devices and scaling global B2B tech platforms. Existing investors, the King (Candy Crush) founders through their fund Sweet Studio, also participated in the round.
Alex Therapeutics uses its AI-powered digital therapeutics platform "Alex DTx Platform" to develop and launch prescription digital therapies, typically in partnership with pharmaceutical companies. The DTx products are clinically validated and approved medical devices, prescribed by doctors and reimbursed by healthcare systems. The platform combines evidence-based psychology, primarily Cognitive Behavioral Therapy (CBT), with AI and Machine Learning to provide personalized treatments that address the needs of patients worldwide.
We're overwhelmed by the interest from the investor community and are glad to welcome some incredible institutional investors to join us as we take the next major leap with Alex. We're looking forward to learning from their many years of experience in developing medical devices and scaling Nordic tech platforms internationally. They perfectly complement our current investors, who have a unique perspective on building engaging consumer technology.
John Drakenberg Renander, co-founder and CEO at Alex Therapeutics
We've been following the digital therapeutics space for a long time and are now seeing major markets such as Germany and the US open up for prescription and reimbursement of digital therapies. Alex Therapeutics' impressive track record, dedication to developing treatments with and for patients, combined with their utilization of advanced technology make them an attractive partner for companies seeking to launch digital therapeutics.
Dr. Ingrid Teigland Akay, MD, MBA, Managing Partner at Hadean Ventures
Alex Therapeutics' journey has been incredible, and we're proud to have supported them from day one. Looking back, it's astonishing what John, Oliver and their team have accomplished in such a short period of time. With partners such as Pfizer, and now institutional investors with a strong track record in life science and international expansion, there's no limit to what they can do.
Anders Frostenson, Founder & MD at Sweet Studio (King/Candy Crush founders fund)
Announced strategic commercial partnership with Pfizer earlier this year
Alex Therapeutics recently announced a strategic commercial partnership with the global pharmaceutical company Pfizer. The initial focus of the partnership is a digital therapy called Eila® treating nicotine addiction.
Press
Alex Therapeutics
COO
+46 70-822 11 57
Upplandsgatan 7, 11123 Stockholm, Sweden
E-Mail: press@alextherapeutics.com
Website: www.alextherapeutics.com
About Alex Therapeutics
Alex Therapeutics is a digital therapeutics (DTx) company based in Stockholm which designs and develops Software-as-a-Medical-Devices (SaMDs). With the proven "Alex DTx Platform", expertise in artificial intelligence and evidence-based psychology, Alex Therapeutics is uniquely positioned to deliver cutting-edge and reliable DTx products. The company has treated tens of thousands of patients, has experience with clinical validation, and overwhelmingly positive patient testimonials. For more information, visit www.alextherapeutics.com or follow us on LinkedIn.
About Hadean Ventures
Hadean Ventures is a European life science venture capital fund manager with c. €200m assets under management. Hadean Ventures has offices in Oslo, Norway, and Stockholm, Sweden, as well as a presence in Germany, Austria and the UK. Hadean invests across all healthcare verticals and stages with a focus on pharmaceuticals & biotech, medical devices, diagnostics and digital health. With a local European presence in regions that regularly produce world-class science, yet historically have been under-ventured, Hadean looks to find top opportunities with the flexibility to invest in great ideas no matter what vertical.
For more information, please visit www.hadeanventures.com or follow us on LinkedIn.
About Scale Capital
Scale Capital is an early stage venture fund investing in digitization and disruptive technologies within business-to-business. Scale Capital primarily invests in companies in the Nordic region with the potential and ambition to win in the US market. We focus on delivering impact through technology that creates positive changes to the planet and people's lives. We are headquartered in Copenhagen and have offices in New York and Silicon Valley.
About Bonit Capital
Bonit Capital is a family-owned investment company within the life science and healthcare sector. Based in Stockholm, Bonit takes an active ownership approach by providing capital, industry expertise and access to an international network – focusing on the areas of digital health, medical technology, diagnostics and population health.
For more information, please visit: https://bonitcapital.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Alex Therapeutics
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https://www.whsv.com/prnewswire/2022/04/06/alex-therapeutics-raises-35m-oversubscribed-financing-round-top-tier-vc-investors-advance-expansion-europe-us/
| 2022-04-06T10:51:57Z
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GENEVA, April 6, 2022 /PRNewswire/ -- Alpian SA ("Alpian"), an innovative digital private bank, today announced the granting by FINMA of a banking license and a successful CHF19 million Series B+ closing, enabling Alpian to shortly launch to the public in Q3 2022, becoming Switzerland's first digital private bank.
Alpian, majority-owned by Fideuram-Intesa Sanpaolo Private Banking, secured a third round of financing, fully subscribed by Fideuram - Intesa Sanpaolo Private Banking. The financing will support the deployment of Alpian's range of services in Switzerland, comprising both private and online banking.
This hybrid model combines a secure, state-of-the-art banking experience with the support of Alpian's qualified wealth advisors, giving affluent clients access to services normally reserved for traditional private banking. To complement this, Alpian has seamlessly woven everyday banking features into its digital offering.
Schuyler Weiss, CEO of Alpian, commented:
"Since 2019, we have built what will become Switzerland's first digital private bank. With the funds raised during the Series B+ and with its new standing as a licensed Swiss bank, Alpian is well equipped to launch its offering."
Pasha Bakhtiar, REYL Intesa Sanpaolo Partner and Chairman of the board at Alpian, added:
"We are proud to have passed these two milestones on our way to delivering a truly unique and bespoke digital private banking offering. The successful journey so far is a testament to the resilience and dynamism of the Alpian team, as well as the vision of REYL Intesa Sanpaolo."
Luca Bortolan, Head of Direct Bank Fideuram Intesa Sanpaolo Private Banking, added:
"From the beginning, we have seen Alpian as a great opportunity to invest in the development of digital private banking. Alpian will bring both strategic and synergy driven value, demonstrating our proactive commitment of addressing the needs of its current and future clients."
About Alpian SA
www.alpian.com
Alpian is Switzerland's first ever digital private bank, incubated by REYL Intesa Sanpaolo and incorporated in October 2019.
About REYL Intesa Sanpaolo
www.reyl.com
Founded in 1973, REYL & Cie is a diversified banking group with offices in Switzerland, Europe (London, Luxembourg, Malta) and the rest of the world (Singapore, Dubai).
About Fideuram Intesa Sanpaolo Private Banking
www.fideuram.it
Headquartered in Milan, Fideuram Intesa Sanpaolo Private Banking is the leading private banking player in Italy and a key subsidiary of the Intesa Sanpaolo Group, which controls all the group's private banking activities.
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SOURCE Alpian SA
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https://www.whsv.com/prnewswire/2022/04/06/alpian-obtains-finma-banking-license-secures-chf19-million-series-b-financing/
| 2022-04-06T10:52:04Z
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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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SOURCE Amcor
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https://www.whsv.com/prnewswire/2022/04/06/amcor-lift-off-initiative-offer-seed-funding-innovative-start-ups/
| 2022-04-06T10:52:10Z
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5X faster print speeds and AI monitoring makes 3D printing a more practical tool for consumers
BELLEVUE, Wash., April 6, 2022 /PRNewswire/ -- AnkerMake, Anker Innovations new 3D printing brand, announced today the launch of the AnkerMake M5, the first 3D printer designed to improve the user experience by reducing printing time up to 70%. The AnkerMake M5 is available today on Kickstarter.com, starting at an super early bird price of $429.
"3D printers help us imagine a world where ideas and creative concepts can be instantly transformed into physical form. However, the reality is 3D printing can be slow, cumbersome, and difficult to figure out," said Steven Yang, CEO of Anker Innovations. "AnkerMake is committed to removing these pain points so that artists, inventors, hobbyists and DIY enthusiasts can take advantage of a more practical tool to bring their creations to life."
The AnkerMake M5 solves the most critical issues that have prevented 3D printing from becoming a more mainstream endeavor. These issues include slow print speeds, the need to constantly supervise printing for errors and a needlessly complicated user experience.
The AnkerMake M5 solves these issues by delivering:
Quick and Easy Assembly
3D printing has never been this accessible. The M5 is designed is easy to set up in just three steps within 15 minutes. Several user-friendly features including 7x7 auto-leveling, PEI soft magnetic printing bed, auto-resume after power outage and printing notifications. These enhancements help the user focus completely on their prints instead of technical aspects and handcrafting.
A New Standard in Print Speeds
Thanks to its new PowerBoost technology, the AnkerMake M5 basic print speed is 250 mm/s, which can be used for printing jobs that require a smoother and more detailed finish. For faster print jobs, perfect for prototyping and less detailed finishes, the M5 can save even more time with an acceleration of the extruder up to 2,500 mm/s². In this print mode, the M5 can reduce the average print times by up to 70% in comparison to other 3D printers.
Stable, Quality Printing
The aluminum alloy die-casting design increases the weight of the base, reducing the center of gravity of the machine. The sleek design makes printing more stable and allows fast speeds and extreme acceleration. The installation error of the base is also reduced, improving the accuracy of the printing tool and surface even at high speeds with 0.1 mm precision.
AI Print Monitoring
The built-in HD camera will monitor print jobs for issues like layer splitting, spaghetti mess or nozzle plugging. When it detects an issue, the AnkerMake M5 will alert users. This feature helps avoid wasting time and valuable printing materials.
Live WebCam View With Time Lapse
Users can view live feeds of their print jobs from anywhere using the AnkerMake mobile app. Time lapse videos are also automatically generated after the printing job is complete. With an adaptive light-sensing algorithm, users can see the printer output clearly, even at night.
Smart, Connected Printing
The AnkerMake M5 can be seamlessly connected and controlled through both the AnkerMake mobile app and AnkerMake slicing software1. Multi-device management and remote messaging notifications enable the user to start printing from their smartphone or computer anytime, anywhere.
Additional Specs:
- 5X industry average print speed (250 mm/s in standard print mode)
- 2,500 mm/s² in accelerated print mode
- Can reduce average print time by up to 70 percent
- AI print monitoring with auto shut-off
- Integrated HD cam with remote viewing
- Supports WiFi and USB connectivity
- Easy filament loading and extraction with heat assist
- Magnetic base for easy removal and cleaning
- Weight: 12.4 kg / 27.3 lb
- Measurement: 502x438x470 mm / 19.76x17.24x18.50 inches
Price & Availability
The AnkerMake M5 3D printer is available on Kickstarter.com starting today for special, limited super early bird price of $429. The normal early bird price is $499. Additional press materials, including product images, can be found here.
1 AnkerMake App and software will be available later this year at the commercial launch of AnkerMake M5.
About Anker Innovations
Anker Innovations is a global leader in charging technology and a developer of unique, consumer electronic products that support premium audio, mobile entertainment, and the emerging smart home space. This innovation is being led by its six key brands: Anker, AnkerWork, eufy, Nebula, Soundcore and now, AnkerMake. More information on Anker Innovations and its various brands can be found at anker.com.
About AnkerMake
AnkerMake is committed to becoming the world's #1 brand for intelligent manufacturing by helping artists, hobbyists, DIY enthusiasts and professional users bring their creations to life. More information about AnkerMake can be found at AnkerMake.com
For media inquiries contact:
NORTH AMERICA
Brett White
AnkerMake U.S. PR Lead
Brett.White@anker.com
+1 817 320 8266
EUROPE
Robert Berg
AnkerMake Global PR Lead
Robert.Berg@anker.com
+49 151 61499722
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SOURCE AnkerMake; Anker Innovations
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https://www.whsv.com/prnewswire/2022/04/06/anker-brings-speed-with-its-first-3d-printer-ankermake-m5/
| 2022-04-06T10:52:17Z
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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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https://www.whsv.com/prnewswire/2022/04/06/ascletis-announces-china-ind-approval-its-second-fasn-inhibitor-asc60-treatment-advanced-solid-tumors/
| 2022-04-06T10:52:25Z
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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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| 2022-04-06T10:52:32Z
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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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| 2022-04-06T10:52:40Z
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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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| 2022-04-06T10:52:49Z
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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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| 2022-04-06T10:52:56Z
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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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| 2022-04-06T10:53:04Z
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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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| 2022-04-06T10:53:10Z
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- Trading of three exchange traded products, Cardano (ADA) EUR (ISIN:CH1114178820), Polkadot (DOT) EUR (ISIN: CH1114178812), and Solana (SOL) EUR (ISIN:CH1114178812), began today, April 6, 2022 on Euronext exchanges
- The ETPs will enable retail and institutional investors to gain exposure to the ADA, DOT, and SOL tokens simply and securely via their bank or broker
TORONTO, April 6, 2022 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company bridging the gap between traditional capital markets and decentralised finance, announced today that Valour Inc. ("Valour"), its wholly owned subsidiary and a pioneer in digital asset ETPs, will began trading of Valour Cardano (ADA), Valour Polkadot (DOT), and Valour Solana (SOL) on the Euronext exchange in Paris and Amsterdam. Trading of these ETPs began today, April 6, 2022.
These ETPs will be offered on Euronext Paris and Amsterdam enabling both retail and institutional investors to gain exposure to the native tokens of the Cardano, PolkaDot and Solana networks safely and without navigating the process of opening a crypto wallet.
"By adding to our product offerings in European markets, we are offering millions of investors who are interested in digital assets new and accessible ways to diversify their portfolios," said Tommy Fransson, CEO of Valour. "I am confident that our low fee model and unparalleled access to this emerging asset class will serve as a catalyst for the long term growth of our Euronext offerings."
Valour offers fully hedged digital asset ETPs with low to zero management fees across four European exchanges. Valour's existing product range includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), and Terra (LUNA) ETPs, as well as Valour's flagship Bitcoin Zero and Valour Ethereum Zero products, the first fully hedged, passive investment product with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee-free, while competitors charge up to 2.5% in management fees.
"As we continue to expand our product offerings onto new exchanges, even more people will have access to participating in an industry that is rewriting the future of the financial services industry," said CEO of DeFi Technologies Russell Starr. "Investors are interested in the opportunity to get into crypto as it establishes itself, and Valour's ETPs enable them to do that on regulated exchanges they know and trust."
Learn more about DeFi Technologies and Valour at defi.tech and valour.com.
DeFi Technologies Inc. is a technology company bridging the gap between traditional capital markets and decentralized finance. Our mission is to expand investor access to industry-leading decentralized technologies which we believe lie at the heart of the future of finance. On behalf of our shareholders and investors, we identify opportunities and areas of innovation, and build and invest in new technologies and ventures in order to provide trusted, diversified exposure across the decentralized finance ecosystem. For more information or to subscribe to receive company updates and financial information, visit https://defi.tech/
Valour Inc. issues exchange-listed financial products that enable retail and institutional investors to access investment in disruptive innovations, such as digital assets, in a simple and secure way. Established in 2019 and based in Zug, Switzerland, Valour is a wholly owned subsidiary of DeFi Technologies Inc. (NEO: DEFI) (GR: RMJ.F) (OTC: DEFTF). For more information on Valour, visit https://valour.com
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the listing of Valour Cardano (ADA), Valour Polkadot (DOT) EUR, and Valour Solana (SOL) ETPs; investor interest in Valour's ETPs; geographic expansion and additional listings of Valour's ETP offerings; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by DeFi Technologies and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges, including the NGM, Frankfurt and Euronext; investor demand for DeFi Technologies' and Valour's products; growth and development of DeFi and cryptocurrency sector; rules and regulations with respect to DeFi and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
THE NEO STOCK EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
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| 2022-04-06T10:53:17Z
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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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| 2022-04-06T10:53:24Z
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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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| 2022-04-06T10:53:30Z
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OSLO, Norway , April 6, 2022 /PRNewswire/ -- Elkem, Hydro and Altor (Altor Fund V) today announced a partnership with the intention to accelerate the growth of Vianode, a producer of sustainable battery materials. An investment decision for a potential first-phase plant at Herøya, Norway, is expected in the first half of 2022.
Vianode has developed a range of synthetic graphite products for batteries with unique performance characteristics and produced with significantly lower CO2 emissions than today's standard materials – supporting the ambitions of leading battery cell and automotive manufacturers. Today, an electric vehicle (EV) contains on average 40-70 kg of graphite, representing a vital component of the battery. Vianode's products are developed based on specialized know-how in high-temperature processes, closed production systems, lower energy consumption and access to renewable energy.
Founded in 2021, Vianode currently has around 50 employees. The company builds on Elkem's experience in advanced material solutions, its in-house research and development resources, as well as the strong performance of Vianode's industrial pilot plant in Kristiansand, Norway. After this transaction, Hydro and Altor will each have 30% ownership in Vianode, while Elkem will retain the remaining 40% ownership.
"I would like to congratulate the parties on a very exciting industrial collaboration! The Norwegian Government has great ambitions for a green industrial boost where batteries are one of six focus areas. The purpose is to create new, green jobs, increase mainland investment, increase exports outside oil and gas and reduce greenhouse gas emissions. These are the kind of projects and partnerships we want more of when we now will go through the biggest restructuring of the Norwegian economy ever," says Norwegian Minister of Trade and Industry, Jan Christian Vestre.
An investment decision for a potential first-phase plant for Vianode is expected during the first half of 2022. This plant will have approximately 100 employees and produce graphite for more than 20,000 EVs per year. A potential full-scale plant will produce graphite for more than 1 million EVs per year and is expected to increase the number of employees in Vianode to around 300, enabling more than 1,000 green jobs including external effects.
The total investments in the first-phase plant and preparations for a potential full-scale plant are estimated at around NOK 2 billion. The plant development is pending clarifications related to framework conditions, including public support mechanisms and long-term access to competitive renewable energy and grid infrastructure.
"The market for battery materials is growing at an exponential rate and developing sustainable value chains is critical for the green transformation. Vianode aims to become a leading producer of sustainable battery materials, and this represents an attractive growth opportunity for Elkem. Hydro and Altor both add significant experience and expertise in developing large-scale industrial projects in the battery value chain. Through complementary skillsets, the partnership with Hydro and Altor will contribute to making Vianode a highly valuable contribution to the European battery value chain," says Elkem CEO, Helge Aasen.
"We are excited to partner up with Elkem and Altor to industrialize Vianode. We look forward to utilizing our industry scaling capabilities including project execution for large industrial projects, our material and process competence and experience as well as our track record from serving the car OEM segments for decades. Vianode is a good fit for our strategic direction of growing in renewable energy and new-energy solutions," says Hilde Merete Aasheim, Hydro President & CEO.
"We are thrilled to partner with Elkem and Hydro on this very exciting opportunity. Vianode is perfectly positioned to shape the future of the automotive industry and will be an important contributor to the green transition and a carbon neutral future. We have experience from partnerships in other green transition projects where entire industries are being reshaped, and with Vianode we will build a new green EV supply chain in Europe. We are very impressed by the work Elkem has done with Vianode, and we think it will be a very exciting partnership with both Elkem and Hydro," says Tom Jovik, Principal at Altor.
The transaction is subject to formal approval by all parties and regulatory approvals, including competition authorities.
Press meeting
Elkem CEO Helge Aasen, Hydro CEO Hilde Merete Aasheim and Altor principal Tom Jovik will together present the partnership and be available for questions in a press meeting today at 10:00-10:45 at Vækerø Hovedgård (Drammensveien 256, 0277 Oslo, Norway). Please sign up in advance via Maria Melfald Tveten (Maria.Tveten@hydro.com).
For further information, please contact:
Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.com
Fredrik Norman
VP Corporate Communications & Public Affairs
Tel: +47 918 66 567
E-mail: fredrik.norman@elkem.com
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
This stock exchange announcement was published by Odd-Geir Lyngstad, VP Finance & Investor Relations at Elkem ASA, on 6 April 2022 at 7.00 CEST.
About Vianode
Vianode, founded in 2021, is a producer of sustainable battery materials. The company is built upon technological advancements and experience developed over several years. Vianode's range of synthetic graphite products offers unique performance characteristics and are produced with significantly lower CO2 emissions than today's standard materials – supporting the ambitions of leading battery cell and automotive manufacturers. An investment decision for a potential first-phase battery materials plant at Herøya, Norway, is expected in the first half of 2022. Vianode is backed by Elkem (40%), Hydro (30%) and Altor (30%). www.vianode.com
About Elkem
Elkem is one of the world's leading providers of advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 7,000 people has a joint commitment to stakeholders: Delivering your potential. In 2021, Elkem obtained a Platinum score from EcoVadis, which rated the company among the world's top 1% on sustainability transparency, and the company achieved an operating income of NOK 33.7 billion. Elkem is listed on the Oslo Stock Exchange (ticker: ELK). www.elkem.com
About Hydro
Hydro is a leading industrial company that builds businesses and partnerships for a more sustainable future. We develop industries that matter to people and society. Since 1905, Hydro has turned natural resources into valuable products for people and businesses, creating a safe and secure workplace for our 31,000 employees in more than 140 locations and 40 countries. Today, we own and operate various businesses and have investments with a base in sustainable industries. Hydro is through its businesses present in a broad range of market segments for aluminium, energy, metal recycling, renewables and batteries, offering a unique wealth of knowledge and competence. Hydro is listed on the Oslo Stock Exchange (ticker: NHY). www.hydro.com
About Altor
Since its inception, the family of Altor funds has raised some EUR 8.3 billion in total commitments. The funds have invested in excess of EUR 5 billion in more than 75 companies. The investments have been made in medium-sized predominantly Nordic companies with the aim to create value through growth initiatives and operational improvements. Among current and past investments are H2 Green Steel, OX2 and Helly Hansen. For more information visit www.altor.com
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| 2022-04-06T10:53:37Z
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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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| 2022-04-06T10:53:44Z
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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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SOURCE Epson America, Inc.
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| 2022-04-06T10:53:50Z
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Google Cloud and founding members form initiative to eliminate data lock-in and ensure access to data across leading storage, analytics, and database providers
SUNNYVALE, Calif., April 5, 2022 /PRNewswire/ -- Google Cloud and many of the fastest-growing data, analytics, storage, and database providers in the tech industry today announced they are forming a new initiative to ensure that global businesses have more seamless access and insights into the data required for digital transformation. As founding members of the Data Cloud Alliance, Google Cloud, Accenture, Confluent, Databricks, Dataiku, Deloitte, Elastic, Fivetran, MongoDB, Neo4j, Redis, and Starburst are committing to make data more portable and accessible across disparate business systems, platforms, and environments—with a goal of ensuring that access to data is never a barrier to digital transformation.
Businesses face growing pressures to digitally transform—to reach consumers in new ways, launch entirely new digital businesses, and to meet increasingly complex governance and compliance requirements. Data is essential to digital transformation. Every consumer interaction - searches, e-commerce transactions, online comments, clicks, upvotes, and much more - creates more data every minute. The proliferation of data, along with the many software and cloud-based applications used to analyze and manage it, means businesses increasingly need common digital data standards, and a commitment to open data, in order to effectively utilize data to digitally transform.
The Data Cloud Alliance is committed to accelerating adoption of data analytics, artificial intelligence, and machine learning best practices across industries through common industry data models, open standards, and integrated processes. Members of the alliance will work together to help reduce customer challenges and complexity with data governance, data privacy, data loss prevention, and global compliance. For the betterment of customers' data clouds, the alliance will commit to solving skills gaps through skill development for practitioners in modern data and analytics technologies.
Data Cloud Alliance members will provide infrastructure, APIs, and integration support to ensure data portability and accessibility between multiple platforms and products across multiple environments—on-premises, in public or private cloud, or in a hybrid model; and each Alliance member will collaborate on new, common industry data models, processes, and platform integrations to increase data portability and reduce complexity associated with data governance and global compliance.
"Data is the common foundation for all digital transformations," said Gerrit Kazmaier, VP and GM of Databases, Data Analytics and Business Intelligence at Google Cloud. "By committing to open data standards, access, and integration between the most popular data platforms and applications today, we believe we can significantly accelerate business transformations and close the data to value gap."
Supporting Quotes:
- "Our clients win when we are the catalyst to enable smoother technology pathways for stronger collaboration and more industry growth. With the Data Cloud Alliance, we are teaming with our ecosystem partners to be maniacally focused on open standards for data exchange across the cloud continuum. It's about creating an open gateway for all partners to join us in unleashing more value for our clients and accelerating their digital transformation post pandemic," said Lan Guan, Accenture Cloud First Data & AI lead.
- "As enterprises accelerate their journeys to cloud and modernize their data stacks, they need to be equipped with the necessary skills, freedom of technology choice, and data portability to ensure their data analytics strategies are future proofed," said Chad Verbowski, SVP of Engineering at Confluent. "We're excited to join the Data Cloud Alliance to contribute our data streaming expertise and help make sure access to data is never the barrier to innovation."
- "Databricks is excited to partner with Google Cloud to foster data sharing based on open standards like Delta Lake. The Data Cloud Alliance reinforces our commitment to open data sharing and the open data lakehouse paradigm, which empower data teams to collaborate more effectively," said David Meyer, SVP of Products, Databricks.
- "We are proud to be a member of the new Data Cloud Alliance, furthering our mission to make AI part of an organization's everyday activities. This initiative will empower more companies to seamlessly scale their AI projects and deliver exceptional results," said David Tharp, SVP of Ecosystems and Alliances at Dataiku.
- "We are excited to collaborate with Google Cloud and the members of this Data Cloud Alliance on industry standard data models, processes, and platform integrations to help increase data portability for our clients that choose Google Cloud products for their digital transformation journey," said Francisco Barroso, principal, US Analytics & Cognitive offering leader, Deloitte Consulting LLP.
- "Successful digital transformation requires data to be accessible across systems, platforms, and environments," said Shay Banon, Founder and CTO, Elastic. "We are proud to partner with Google Cloud and the Data Cloud Alliance members to help customers build a strong data foundation through open data access, sharing, and integration."
- "Fivetran is proud to pledge support for the Data Cloud Alliance. As the data-to-value gap increases, no one technology or service can tackle this challenge alone. We recognize our obligation as a data cloud leader to expedite and automate the first leg of analytics—data integration, particularly from SaaS and database sources—so that rich insights are made available to organizations much faster in order to make data-driven decisions," said Mark Van de Wiel, Field CTO at Fivetran.
- "We are excited to partner with Google Cloud and the members of this Data Cloud Alliance to unify access to data across clouds and application environments to remove barriers to digital transformation efforts," said Mark Porter, Chief Technology Officer, MongoDB. "Legacy frameworks have made working with data hard for too many organizations. There couldn't be a more timely, and important data initiative to build faster and smarter data-driven applications for customers."
- "Neo4j is committed to open standards, best practices, and skills development, as a means of breaking down barriers to productivity and interoperability. We're proud to partner with Google Cloud and other founding members of the Data Cloud Alliance in evolving best practices and standards for the modern data stack," said Philip Rathle, SVP Products at Neo4j.
- "Redis is excited to partner with Google Cloud and the members of this Data Cloud Alliance to collaborate on the ways data and AI can help solve customers' evolving modern application challenges and unlock the next wave of innovation and customer success," said Yiftach Shoolman, CTO and Co-Founder at Redis.
- "We believe every company should have the right to quickly access their data without barriers and expensive penalties. Starburst is proud to be a founding member of the Data Cloud Alliance, and remains committed to quickly unlocking access to data so companies can be truly data-driven and accelerate their digital transformation journeys," said Justin Borgman, Co-Founder and CEO of Starburst.
About Google Cloud
Google Cloud accelerates every organization's ability to digitally transform its business. We deliver enterprise-grade solutions that leverage Google's cutting-edge technology – all on the cleanest cloud in the industry. Customers in more than 200 countries and territories turn to Google Cloud as their trusted partner to enable growth and solve their most critical business problems.
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| 2022-04-06T10:53:57Z
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International Talent Advisory Firm Names New Leader
NEW YORK, April 6, 2022 /PRNewswire/ -- Ferguson Partners, the leading talent management and strategic advisory firm for the global real assets industries, is pleased to announce that Gemma Burgess has been named Chief Executive Officer, effective June 1. Burgess has over 15 years of global leadership experience and brings a vision for 2022 and beyond, which will continue to focus on providing customized, client-centric solutions today while growing and evolving the business for tomorrow's needs. Co-Founder and Chief Executive Officer William J. Ferguson will continue to be Chairman and remain actively focused on leading client engagements.
Burgess joined Ferguson Partners in 2007 and has developed a global acumen, originally based in Ferguson Partners' London office, and then transitioning to oversee its New York City office before taking on responsibility for the U.S. search business and then, most recently, the global search business. In her current role as President, Burgess has been instrumental in positioning Ferguson Partners as the go-to firm for executive talent and management solutions. As a recognized leader in executive search, Burgess is also a staunch advocate for DE&I and was responsible for creating the inaugural diversity partnership in 2020 with Real Estate Executive Council (REEC) and continues to be an active participant with the association.
Clients can expect a seamless transition and continued industry-leading services. "Gemma's transition reflects the culmination of a well-planned multi-year succession planning project. She has built an excellent partnership with Jeremy Banoff, Vice Chairman, and is supported by a best-in-class global leadership team. During this period, Gemma has strongly demonstrated her ability to maintain the Ferguson Partners standard of excellence while implementing her vision to evolve the business. Her experience and impact across industries in addition to her broad, global background and perspective make her uniquely qualified for the role and absolutely the right leader to take Ferguson Partners into the future," said William J. Ferguson. Robert Langer, Lead Independent Director added, "On behalf of the entire board, we are thrilled to welcome Gemma as the firm's new CEO and look forward to leveraging her extensive knowledge and value throughout the organization."
"I am incredibly excited for the future of our firm," said Burgess. "With confidence we will continue to grow our global platform and uphold the Ferguson Partners standard of excellence. I will continue to be hands-on with our clients who, as always, can expect our signature tailored, attentive approach to their unique needs."
Burgess's appointment comes as the firm plans an expansion of its corporate leadership team, with future announcements to follow.
About Ferguson Partners
Founded in 1989, Ferguson Partners has built a reputation as the premier firm dedicated to serving the talent management and organizational consulting needs of the real estate and related industries. With offices in Charlotte, Chicago, Hong Kong, London, Los Angeles, New York, San Francisco, Singapore, Sydney, Tokyo, and Toronto, Ferguson Partners is unique in its global reach but executes its work with a boutique touch and highly specialized approach across four main business lines. The firm's website can be found at fergusonpartners.com.
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| 2022-04-06T10:54:05Z
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TAIPEI, April 6, 2022 /PRNewswire/ -- Net zero, low carbon and responsible governance have become core issues that can no longer pushed aside by the international community. On March 2022, Business Today, a Taiwan-based financial journal which has long focused on the connection between ESG and industry, held the 2nd ESG & Sustainability Taiwan International Summit. More than 350 government and industry leaders participated in the event, including officials from the Financial Supervisory Commission and the Bureau of Energy, Ministry of Economic Affairs. Taiwan president Tsai Ing-Wen delivered a speech at the forum.
President Tsai Ing-Wen said in her speech that the Net-Zero 2050 target is not only a challenge for the world, but also for Taiwan. She stressed that despite a number of tough challenges, it behooves Taiwan to boost its net-zero transformation by way of a four-pronged approach: first, research into new energy sources such as hydrogen and forward-looking green energy must be undertaken to maintain the energy transition; second, industrial transformation from process optimization to the use of renewable energy must be accelerated to meet changing market conditions; third, a transition to low-carbon public buildings and net-zero emission transportation is a necessary lifestyle change that must be adopted; and fourth, fairness is a must for public engagement in society transformation.
The summit also invited global experts to present an ESG development roadmap to corporate leaders and investors. Key speakers included Robert N. Stavins, A. J. Meyer Professor of Energy & Economic Development, John F. Kennedy School of Government, Harvard University, who spoke about his insights into post-COP26 climate policies, and Todd Cort, co-director at Yale Center for Business and the Environment, who elaborated on the carbon trading market after COP26. The two speeches were delivered online.
From the standpoint of financial companies, Wing Fung Financial Group chairman Sih-Kuan Chen pointed out that Climate Action has emerged as the most widespread global consensus of all time, and that companies need to integrate four "imperatives" into their net-zero strategies: compliance, optimization, reinvention and leadership. Wing Fung is committed to realizing net-zero emission goals from operations by 2030 and from the whole asset portfolio by 2050.
Ying-Chou Chen, head of Sustainability Services Group, Deloitte & Touche, said that there are two ways to cope with climate change: on the one hand by operational procedures and/or production facilities are modified to reduce greenhouse gas emissions, while, at the same time, energy efficiency is enhanced by developing new carbon reduction technologies, on the other hand, by taken precautionary measures to protect the enterprise from the impact of climate change in the future.
China Petrochemical Development Corporation (CPDC) chairman Ruey-Long Chen noted that in response to future industrial demand, the priority of the current existing green power supply should be to improve carbon output from the process side and upgrade existing equipment to reduce energy consumption. He further added that the amount of water vapor being used by the petrochemical industry is excessive, and that its use should be curtailed or even cut to zero.
Alex Araujo, fund manager of global equities at M&G Investment, mentioned that the influx of money into sustainability funds has led to an overvaluation of clean and renewable energy businesses, and, should the current boom falter, investors are likely to face huge losses.
Taiwan Depository & Clearing Corporation (TDCC) president Hsiu-Ming Lin pointed out that TDCC is the world's first IR platform to provide ESG ratings of individual and institutional investors, a measure that has become highly valued by foreign investors. The platform has become one of the region's key ESG data sources.
Taiwan Housing Group president Pei-Ye Peng said that small and medium-sized enterprises (SMEs) act as the backbone of Taiwan's economy, and what they can bring to the table is something we need to think about. Taiwan Housing is now promoting a 10-year tree-planting initiative, as a way of demonstrating to employees that the company they work for is operating with a long-term perspective.
Pension Fund Association chairperson Professor Li-Ling Wang noted that the ESG investment market has continued to expand and that, post pandemic, investors have been paying more attention to ESG. Over 90% of large institutional investors and pension funds have increased their ESG investments, showing the importance of ESG in future investing decisions.
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| 2022-04-06T10:54:12Z
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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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| 2022-04-06T10:54:18Z
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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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| 2022-04-06T10:54:25Z
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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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| 2022-04-06T10:54:33Z
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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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| 2022-04-06T10:54:40Z
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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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| 2022-04-06T10:54:46Z
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STOCKHOLM, April 6, 2022 /PRNewswire/ -- A laundry solution that prolongs garments' life, AI helping smallholder cotton farmers to increase yield and income, an invention realising the circular recycling of elastane and polyester blends, carbon-negative viscose made from CO2 emissions and regenerative agriculture making planet positive alternative to goose down - these are the five Global Change Award winners 2022, sharing a €1 million grant from the non-profit H&M Foundation.
The H&M Foundation launched the Global Change Award in 2015 to transform fashion and make it planet positive, in order for the industry to fulfil the UN Sustainable Development Goals by 2030. That means finding and supporting disruptive innovations that address one or several of the earth's global commons – land, water, oceans, climate and biodiversity. As the aim is to find innovations that allow major change for the entire industry the winners are free to collaborate with any actor they want.
"The winners of the Global Change Award hold the key to the complex challenges we are facing and prove that it's possible to reinvent fashion. Their game-changing innovations are really inspiring and can help transform the fashion industry into a planet positive one" says Karl-Johan Persson, board member of H&M Foundation and Chairman of H&M Group.
The response from applicants was overwhelming and made it clear that there is no shortage of disruptive innovations out there. The momentum to transform the fashion industry into a planet positive one, to protect our planet and improve people's living conditions has never been stronger. This year's winners are:
- BioPuff® by saltyco (UK) – A planet positive alternative to goose down, crafted from plants that heal damaged land.
- BIORESTORE (Sweden) – A laundry solution that restores old and worn garments to mint condition.
- CottonAce by Wadhwani AI (India) – An AI solution that reduces pesticide use, increases yield and raises incomes for smallholder cotton farmers.
- Re:lastane (China) – The first mild process making elastane and polyester blend fabrics recyclable.
- Rubi (US) – Planet positive viscose and lyocell made from carbon emissions.
In addition to the financial grant, all five winners also get access to the one-year GCA Impact Accelerator programme provided by H&M Foundation in partnership with Accenture, KTH Royal Institute of Technology and The Mills, offering the winners invaluable coaching and support, along with a strong network and memories for life. The GCA Impact Accelerator aims to help the winning ideas scale at speed through business, technology, investor and innovation readiness, and industry access. It also offers winners a mix of inspiring digital sessions and meetups at key locations.
NOTE TO EDITORS
- The Global Change Award is an open source initiative. Neither H&M Foundation nor H&M Group will take any shareholder equity or intellectual property rights in the innovations. The winners can collaborate with whomever they want as the aim is to find innovations that allow major change for the entire industry.
- Winners are selected by an international expert panel with extensive knowledge covering the global commons, fashion, business, investments, entrepreneurship and innovation. For more information and quotes, please visit: hmfoundation.com/gca/expert-panel
- For more information on previous winners and their progress: hmfoundation.com/gca/winners
- To access images and video free to be used, downloaded and shared: https://tinyurl.com/3tenbf7d
- From April 6 you can learn more about this year's GCA winners and their innovations, hear professor Johan Rockström explain planet positive, find actor and environmental activist Malin Åkerman's tips on how to make a positive impact on our planet as a fashion consumer – and so much more on globalchangeaward.com.
For more information or scheduling interviews please contact:
Jasmina Sofić,
Media Relations Responsible, H&M Foundation
Mobile +46 73 465 59 59
E-mail: jasmina.sofic@hmfoundation.com
This information was brought to you by Cision http://news.cision.com
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| 2022-04-06T10:54:53Z
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CAMBRIDGE, Mass., ROTTERDAM, Netherlands and SUZHOU, China, April 6, 2022 /PRNewswire/ -- Harbour BioMed ("HBM", HKEX: 02142), a global biopharmaceutical company committed to the discovery, development, and commercialization of novel antibody therapeutics, today announced that the poster presentation on HBM9027, a novel PD-L1xCD40 bispecific antibody with excellent efficacy and safety profile for cancer therapy, will be presented at the American Association for Cancer Research Meeting (AACR 2022) in New Orleans, Louisiana from April 8-13, 2022.
Dr. Jingsong Wang, Founder, Chairman and CEO of Harbour BioMed, said, "We continue to leverage in-house technology platforms and strong research and development capabilities, exploring novel therapeutics on a global basis. The novel PD-L1xCD40 bispecific antibody was generated by Harbour HBICE® platform. It demonstrated unique mechanism of action, potent anti-tumor efficacy and superior safety profile, which is an innovative DC/myeloid cell bispecific engager for next-generation immunotherapies."
Details and highlights for the poster presentation:
Session Title: Development of A novel PD-L1xCD40 Bispecific Antibody with Excellent Efficacy and Safety Profile for Cancer Therapy
Session Category: Preclinical Immunotherapy
Abstract Number: 4398
Poster Number: 5559
Summary:
The novel PD-L1xCD40 bispecific antibody was generated by Harbour HBICE® platform. It demonstrated unique mechanism of action, potent anti-tumor efficacy and superior safety profile, which is an innovative DC/myeloid cell bispecific engager for the next generation of immunotherapies.
- Mediates both PD-1/PD-L1 inhibitory pathway and CD40 agonistic pathway to achieve synergistic anti-tumor immune responses
- Combination effects on both myeloid cells and lymphocytes in the innate and adaptive immune systems by stimulating APC cells and relieving the immunosuppression on T cells.
- Potent in vivo anti-tumor efficacy and remarkable in vivo stability with long half-life
- Preclinical toxicology studies indicated that the crosslinking-dependent CD40 activation can overcome the liver and systemic toxicity of traditional anti-CD40 monoclonal antibody
CD40 is expressed by antigen-presenting cells, myeloid lineage cells, endothelial cells, and some tumor cells, playing a fundamental role in connecting innate and adaptive immunity. CD40 agonist antibody has already shown promising efficacy in solid tumors in clinical trials. However, the further development of CD40 antibody was impeded by the severe toxicity. Using HBM's proprietary fully human HBICE bispecific technology and Harbour Mice platform, we discovered a crosslinking dependent PD-L1xCD40 bispecific to provide novel solutions for cancer immunotherapy from both efficacy and safety angles. The development of PD-L1xCD40 bispecific HBICE® further expands HBM's bispecific immune cell engager into the cutting-edge DC/myeloid cell engager field and demonstrates HBICE® platform's versatile geometry formats and plug-and-play advantages.
About HBICE®
Harbour HCAb platform can generate diverse and stable fully human Heavy Chain only Antibodies (HCAbs) and derived human VH single-domain moieties, enabling us to make novel multi-specific and multi-valent antibodies in simplified structures with relatively smaller molecule size and fewer number of polypeptide chains. On top of this, we have established proprietary HBICE® (HCAb Based Immune Cell Engagers) platform to quickly develop multi-specific antibodies that redirect immune cells to the tumor microenvironment (TME) to eradicate tumors.
HBICE® molecules recognize and bind both specific tumor-associated antigens (TAA) on tumor cells and CD3 or co-stimulatory molecules on immune cells such as T cells or NK cells, resulting in efficient and selective activation of immune cells in the TME, thereby preventing non-specific activation of peripheral immune cells. Besides, HBICE® technology provides the flexibility to generate molecules with different architectures and avidity to achieve different mechanisms of action that are unachievable by combo therapies.
About Harbour BioMed
Harbour BioMed (HKEX: 02142) is a global biopharmaceutical company committed to the discovery, development and commercialization of novel antibody therapeutics focusing on immunology and oncology. The Company is building its robust portfolio and differentiated pipeline through internal R&D capability, collaborations with co-discovery and co-development partners and select acquisitions.
The Company's proprietary antibody technology platforms Harbour Mice® generate fully human monoclonal antibodies in two heavy and two light chain (H2L2) format, as well as heavy chain only (HCAb) format. Building upon the HCAb antibodies, the HCAb-based immune cell engagers (HBICE®) are capable of delivering tumor killing effects unachievable by traditional combination therapies. Integrating Harbour Mice® with single B cell cloning platform, our antibody discovery engine is highly unique and efficient for development of next generation therapeutic antibodies.
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| 2022-04-06T10:55:00Z
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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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| 2022-04-06T10:55:07Z
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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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| 2022-04-06T10:55:13Z
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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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| 2022-04-06T10:55:15Z
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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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| 2022-04-06T10:55:21Z
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SAN FRANCISCO and SUZHOU, China, April 6, 2022 /PRNewswire/ -- Innovent Biologics, Inc. (Innovent) (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high-quality medicines for the treatment of cancer, metabolic, autoimmune and other major diseases announced that the National Medical Products Administration (NMPA) has approved Pemazyre® (pemigatinib) for the treatment of adults with locally advanced or metastatic cholangiocarcinoma with a fibroblast growth factor receptor 2 (FGFR2) fusion or rearrangement as confirmed by a validated diagnostic test that have progressed after at least one prior line of systemic therapy.
Pemazyre®, discovered by Incyte and licensed to Innovent for development and commercialization in Mainland China, Hong Kong, Macau and Taiwan markets, is the first selective tyrosine kinase inhibitor approved for the treatment of cholangiocarcinoma, a type of biliary tract cancer, in China, representing a new milestone following its approval in Hong Kong market in January 2022, and in the Taiwan market in June 2021.
The approval in China was based on two clinical studies. One is the FIGHT-202 study, which is a Phase 2, multi-center, open-label, single-arm study (NCT02924376) evaluating the safety and efficacy of pemigatinib in adult (age ≥18 years) patients with previously treated, locally advanced or metastatic cholangiocarcinoma with documented FGFR2 fusion or rearrangement. The other study was a bridging study (CIBI375A201, NCT04256980) conducted in China evaluating the safety and efficacy of pemigatinib in Chinese cholangiocarcinoma patients. The primary end point was overall response rate (ORR) evaluated by an independent radiological review committee (IRRC) per RECIST V1.1.
In the FIGHT-202 study[1], as data cut of date (April 7th,2020), a total of 108 subjects with FGFR2 fusion/rearrangement were enrolled and orally received pemigatinib 13.5mg per day(Q3W 2 weeks on/1 week off), the IRRC-confirmed ORR was 37.0% (95% CI: 27.94%, 46.86%), including 4 complete responses(CR). The median duration of response (DOR) was 8.08 months with responses lasting ≥ 6 months in 26 of the 40 (66.0%) responding patients and ≥ 12 months in 15 (37.5%) patients. In study CIBI375A201, as of data cut-off date (January 29th, 2021), among 30 efficacy evaluable Chinese subjects enrolled, the IRRC-confirmed ORR was 50%(95% CI: 31.3%,68.7%). The overall safety profiles of FIGHT-202 and the study CIBI375A201 are similar and the majority of the adverse events were grade 1 or 2 per CTCAE V5.0. Pemigatinib was generally well tolerated in Chinese patients with cholangiocarcinoma.
Professor Jian Zhou in Zhong Shan Hospital Fudan University stated that: "Cholangiocarcinoma is the second most common malignancy originated in the liver with a high incidence rate in Asia. The disease is usually not diagnosed until it has already developed into an advanced unresectable and/or metastatic stage. There are limited treatment options currently, which call for innovative drugs."
"The approval of Pemazyre® by the NMPA, following the approval in Hong Kong and Taiwan market earlier in Greater China market, represents that Innovent has further broadened our product market coverage. At the same time, the approval of Pemazyre® also provided a new treatment option for cholangiocarcinoma patients in China." Dr. Yongjun Liu, President of Innovent, stated: "Data from previous clinical trials of Pemazyre® in participants with advanced cholangiocarcinoma with FGFR2 fusion that have progressed after at least one prior line of systemic therapy has shown satisfactory safety results and also revealed encouraging efficacy signals. The approval further enhanced our confidence and interests in conducting in-depth clinical development of pemigatinib in more potential indications, including the ongoing global clinical trial (including China) evaluating pemigatinib as a first-line therapy for cholangiocarcinoma with FGFR2 fusion."
About Advanced Cholangiocarcinoma and FGFR2 Rearrangement
Cholangiocarcinoma is a malignant tumour originated from biliary epithelium cells and it is categorized as intrahepatic or extrahepatic based on anatomical location of origin. The incidence of cholangiocarcinoma has been increasing progressively over the past decade. Surgery is the first line treatment for patients with resectable disease. However, most cholangiocarcinomas have been in advanced and/or metastatic status at diagnosis and lost the chance for surgical resection. The treatment options for patients who relapse after surgery or have advanced / metastatic disease are limited and the recommended therapy method is systemic chemotherapy with gemcitabine plus cisplatin, which has a medium overall survival of less than a year.
Aberrant signaling through FGFR resulting from gene amplification or mutation, chromosomal translocation, and ligand-dependent activation of the receptors has been demonstrated in multiple types of human cancers. Fibroblast growth factor receptor signaling contributes to the development of malignancies by promoting tumor cell proliferation, survival, migration, and angiogenesis. Results from early clinical studies of selective FGFR inhibitors, including Pemazyre, have shown a tolerable safety profile for the class and preliminary signs of clinical benefit in participants with FGF/FGFR alterations.
About Pemazyre® (pemigatinib)
In April 2020, the U.S. Food and Drug Administration (FDA) approved Incyte's Pemazyre® (pemigatinib), a selective, oral inhibitor of FGFR isoforms 1, 2 and 3, for the treatment of adults with previously treated, unresectable locally advanced or metastatic cholangiocarcinoma with a fibroblast growth factor receptor 2 (FGFR2) fusion or rearrangement as detected by an FDA-approved test. Continued approval for this indication may be contingent upon verification and description of clinical benefit in a confirmatory trial(s).
In Japan, Pemazyre® is approved for the treatment of patients with unresectable biliary tract cancer with a FGFR2 fusion gene, worsening after cancer chemotherapy. In Europe, Pemazyre® is approved for the treatment of adults with locally advanced or metastatic cholangiocarcinoma with a FGFR2 fusion or rearrangement that have progressed after at least one prior line of systemic therapy. Pemazyre® is marketed by Incyte in the United States, Europe and Japan.
In December 2018, Innovent and Incyte entered into a strategic collaboration for three clinical-stage product candidates discovered and developed by Incyte, including pemigatinib (FGFR1/2/3 inhibitor). Under the terms of the agreement, Innovent has received the rights to develop and commercialize the three assets in Mainland China, Hong Kong, Macau and Taiwan.
In March 2020, Innovent announced that the first patient was dosed in the pivotal registrational trial evaluating pemigatinib in patients with advanced cholangiocarcinoma in China.
In June 2021, Taiwan Food and Drug Administration (TFDA) approved Pemazyre® for the treatment of adults with previously treated, unresectable locally advanced or metastatic cholangiocarcinoma with a FGFR2 fusion or rearrangement.
In January 2022, Hong Kong Department of Health (DH) approved Pemazyre® for the treatment of adults with locally advanced or metastatic cholangiocarcinoma with a fibroblast growth factor receptor 2 (FGFR2) fusion or rearrangement that have progressed after at least one prior line of systemic therapy.
In April 2022, the National Medical Products Administration (NMPA) of China approved Pemazyre® for the treatment of adults with locally advanced or metastatic cholangiocarcinoma with a fibroblast growth factor receptor 2(FGFR2) fusion or rearrangement as confirmed by a validated diagnostic test that have progressed after at least one prior line of systemic therapy.
Pemazyre® is a trademark of Incyte Corporation.
About Innovent
Inspired by the spirit of "Start with Integrity, Succeed through Action," Innovent's mission is to develop, manufacture and commercialize high-quality biopharmaceutical products that are affordable to ordinary people. Established in 2011, Innovent is committed to developing, manufacturing and commercializing high-quality innovative medicines for the treatment of cancer, autoimmune, metabolic and other major diseases. On October 31, 2018, Innovent was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code: 01801.HK.
Since its inception, Innovent has developed a fully-integrated multi-functional platform which includes R&D, CMC (Chemistry, Manufacturing, and Controls), clinical development and commercialization capabilities. Leveraging the platform, the company has built a robust pipeline of 32 valuable assets in the fields of cancer, metabolic, autoimmune diseases and other major therapeutic areas, with 7 products, TYVYT® (sintilimab injection), BYVASDA® (bevacizumab biosimilar injection), SULINNO® (adalimumab biosimilar injection), HALPRYZA® (rituximab biosimilar injection), PEMAZYRE® (pemigatinib), olverembatinib (BCR ABL inhibitor) and Cyramza® (ramucirumab), 1 asset under NMPA NDA review, 5 assets in Phase 3 or pivotal clinical trials, and an additional 19 molecules in clinical studies.
Innovent has built an international team with advanced talent in high-end biological drug development and commercialization, including many global experts. The company has also entered into strategic collaborations with Eli Lilly and Company, Adimab, Incyte, MD Anderson Cancer Center, Hanmi and other international partners. Innovent strives to work with many collaborators to help advance China's biopharmaceutical industry, improve drug availability and enhance the quality of the patients' lives. For more information, please visit: www.innoventbio.com. and www.linkedin.com/company/innovent-biologics/.
Forward-Looking Statements
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to the Company, are intended to identify certain of such forward-looking statements. The Company does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of the Company with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, the Company's competitive environment and political, economic, legal and social conditions.
The Company, the Directors and the employees of the Company assume (a) no obligation to correct or update the forward-looking statements contained in this site; and (b) no liability in the event that any of the forward-looking statements does not materialise or turn out to be incorrect.
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| 2022-04-06T10:55:28Z
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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
The following files are available for download:
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| 2022-04-06T10:55:35Z
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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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| 2022-04-06T10:55:43Z
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-Less than 20% on track to hit Paris Agreement targets
-Most (90%) survey respondents who work in sustainability believe collaboration is key to achieving their goals and targets
ROME, April 6, 2022 /PRNewswire/ -- The retail industry must work harder and faster to make a meaningful impact to deliver on climate change commitments, according to a new in-depth study by global management consultancy Boston Consulting Group (BCG), collaborating as an "Our Planet" pillar partner with World Retail Congress.
Sustainability In Retail Is Possible–But There's Work To Be Done, released today, found that while sustainability is now a strategic priority for retail businesses the vast majority were failing to make meaningful progress.
The survey polled 37 major retail businesses around the world, including grocers, fashion firms and those selling homeware and electronics, with annual revenue ranging from $1 billion to $500 billion.
The findings revealed widespread understanding of the competitive advantages to winning in sustainability, including: a competitive edge over rivals, cheaper borrowing, lower costs, attracting new customers, and retaining employees, as well as the potential for tapping into new revenue streams.
However, the survey also found that the companies were "nearly unanimous" in believing that sustainability initiatives would drive value in the next five to ten years and half of the respondents believed their companies would invest "whatever it takes" to reach their goals.
The findings revealed that there was a clear disconnect between retailers' bold ambitions and their progress on the sustainability journey.
Only a select few of the companies had reached the stage where they could claim sustainability was core to the company's strategy, decision making, and value creation, according to the research.
While 60% of the firms believed their company's goals were bold and differentiated, more than half had still not set any sustainability key performance indicators (KPIs) across their businesses to measure progress, and less than 20% were currently on track to cut Scope 3 emissions, which include those of suppliers, by enough to meet targets for limiting the rise in global temperature to 1.5 degrees, set by the Paris Agreement in 2015.
Some companies are stuck at "sustainability basics," simply doing enough to comply with regulations and meet the minimum expectations of investors and other stakeholders.
The report highlights the need for a seismic shift in attitudes and business processes to place sustainability at the core of corporate strategy, decision making, and value creation. Firms need to do more to augment and accelerate their responses to tackling issues such as plastic packaging, which accounts for 40% of global plastic use.
To translate this value mindset into value creation, retailers need to work on having the rest of the principles in place. As a solution, BCG presents a three-pronged strategy:
- Prioritize: Sustainability targets should carry as much weight as other parameters when embarking on new business opportunities as well as when evaluating business performances, and sustainability indicators must be weighted equally with costs and profits. Leadership must not only sponsor the journey but be involved and accountable.
- Embed: Retailers should strive for end-to-end integration, with sustainability-related KPIs inculcated at all levels of the business. Companies should also fully embrace digital technologies, deploying technology to support decision making through newly created transparency.
- Reimagine: Companies must reimagine their value chains. This can be done by localizing their production or integrating vertically. Closer interactions with suppliers will be essential too, as will collaboration with industry peers.
"As the industry moves in the direction of greater sustainability, a focus on progress, rather than perfection, will be critical," said Ian McGarrigle, Chairman of World Retail Congress.
"There may be an inclination to wait for perfect data on sustainability drivers and constraints before starting to act, but that would be a mistake," said Shalini Unnikrishnan, a managing director and partner at BCG, and a co-author of the report.
Companies in the very early stages of their journey should focus on small steps and quick wins. Together, these will drive steady and meaningful change that creates significant value for both individual players and the industry.
The study concludes that industry-wide collaboration will be critical to progress, with industry laggards able to learn from leaders and retailers seeking opportunities to work together to solve common problems.
Click here to download the report.
Contact:
BCG
Eric Gregoire
T: +1 617 671 5625
gregoire.eric@bcg.com
Maitland/amo
Clinton Manning & Joanna Davidson
T: +44 (0) 207 379 5151
wrc-maitland@maitland.co.uk
About World Retail Congress
Founded in 2007, World Retail Congress provides an unrivalled high-level forum for senior retailers to learn, share insight, form powerful connections and shape the future of global retail. World Retail Congress is a global platform that connects the retail sector's leaders, stakeholders, advisors and influencers to connect, create solutions and drive progress within the industry.
About Ascential
Ascential delivers specialist information, analytics and ecommerce optimisation platforms to the world's leading consumer brands and their ecosystems.
Our world-class businesses improve performance and solve problems for our customers by delivering immediately actionable information combined with visionary longer-term thinking across Digital Commerce, Product Design and Marketing. We also serve customers across Retail & Financial Services.
With more than 2,500 employees across five continents, we combine local expertise with a global footprint for clients in over 120 countries.
Ascential is listed on the London Stock Exchange.
About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.
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| 2022-04-06T10:55:49Z
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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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| 2022-04-06T10:55:56Z
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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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https://www.whsv.com/prnewswire/2022/04/06/main-event-be-acquired-by-dave-amp-busters-835-million/
| 2022-04-06T10:56:03Z
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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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https://www.whsv.com/prnewswire/2022/04/06/mitsui-invest-renew-powers-round-the-clock-project/
| 2022-04-06T10:56:09Z
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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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SOURCE MolecuLight
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https://www.whsv.com/prnewswire/2022/04/06/moleculight-ix-receives-regulatory-clearance-reimbursement-south-korea/
| 2022-04-06T10:56:15Z
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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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SOURCE Realtor.com
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https://www.whsv.com/prnewswire/2022/04/06/new-realtorcom-survey-finds-64-2022-sellers-plan-list-by-summers-end/
| 2022-04-06T10:56:22Z
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OSLO, Norway, April 6, 2022 /PRNewswire/ -- Nordic Nanovector ASA (OSE: NANOV) announces that its Nomination Committee has nominated Dr Thomas Ramdahl for election as a Non-executive Director at the Company's Annual General Meeting (AGM) on 28 April 2022.
Dr Ramdahl is a pharmaceutical executive with more than 20 years of clinical and development experience. In 2001, he became President and first CEO of Algeta ASA, a Norwegian biotech company that successfully developed and launched a radiopharmaceutical for prostate cancer.
During his time at Algeta, the company successfully completed Phase 1 and 2 clinical trials, as well as a pivotal Phase 3 multicentre, multi-country, double blinded clinical trial that led to FDA approval and marketing approval of Algeta's lead product, Xofigo®.
In addition to playing a key role in Algeta's 2007 IPO and in multiple fundraisings, he was instrumental in the acquisition of the company by Bayer AG for USD 2.9 billion in 2014. After the acquisition by Bayer, Dr Ramdahl held the position of Managing Director of Bayer in Norway, remaining in this role until October 2018.
Dr Ramdahl is currently Chairman at Precririx and a Board Director at Clarity Pharmaceuticals, both in the targeted radiopharmaceutical area, and Chairman at medical device company Appsens. He has authored more than 40 publications and is a co-inventor of several patents. He gained his PhD in environmental chemistry from the University of Oslo in 1984 and an MSc in organic chemistry from the Norwegian Institute of Technology in 1979.
Dr Ramdahl is a Norwegian citizen and resides in Norway.
The company also notes that Per Samuelsson and Rainer Boehm M.D., who have served as Non-executive Directors on the Board of Nordic Nanovector since November 2014 and May 2018, respectively, have, due to increased workload and other responsibilities and priorities, decided not to stand for re-election at the upcoming AGM.
Dr Thomas Ramdahl, commented: "Nordic Nanovector is entering an exciting and important phase of its development, and I hope that the experience I gained with Algeta and in other roles will help the company achieve its ambitions for Betalutin® and its broader pipeline of novel CD37-targeted therapeutic candidates."
Jan H. Egberts, M.D., Chairman of Nordic Nanovector's Board of Directors, said: "We are delighted to have Dr Ramdahl join our Board. Thomas has proven experience of managing and growing a radiopharmaceutical company from start-up through to marketing approval of its lead product. This expertise and experience will be invaluable to Nordic Nanovector as it advances Betalutin® though the final stages of PARADIGME and prepares for regulatory filing and commercialisation. I would also like to express my sincere gratitude to Per Samuelsson and Rainer Boehm, who have made important contributions to Nordic Nanovector during their time on the Board."
Per Samuelsson, added: "I have thoroughly enjoyed my time on the board of Nordic Nanovector. The company has come far since I first joined the board in 2014 and is now on the verge of completing PARADIGME and delivering the preliminary three-month data read out in H2'2022. It is very encouraging to see the company's strong focus on this important initial indication for Betalutin® while also looking beyond Betalutin® to other opportunities where its expertise around the B-cell target CD37 could be applied. While HealthCap remains a highly supportive investor in Nordic Nanovector, I believe it is time for me to step down from the Board and I am delighted that Dr Thomas Ramdahl has accepted to be nominated to join as a Director. I know Thomas well from his time with Algeta and I am confident that he will be an important contributor to Nordic Nanovector's future development."
For further information, please contact:
Jan H. Egberts, Chairman of Nordic Nanovector
Tel: +31 614672518
Email: janegberts@aol.com
IR enquiries
Malene Brondberg, CFO
Cell: +44 7561 431 762
Email: ir@nordicnanovector.com
Media Enquiries
Mark Swallow/Frazer Hall/David Dible (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. 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 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 26 billion by 2028. 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 Sections 4-2 and 5-12 of the Securities Trading Act.
This information was brought to you by Cision http://news.cision.com
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https://www.whsv.com/prnewswire/2022/04/06/nordic-nanovector-asa-announces-proposed-board-changes-former-algeta-ceo-thomas-ramdahl-nominated-join-board-directors/
| 2022-04-06T10:56:29Z
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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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SOURCE Nordic Nanovector
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https://www.whsv.com/prnewswire/2022/04/06/nordic-nanovector-asa-notice-annual-general-meeting-28-april-2022/
| 2022-04-06T10:56:40Z
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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.
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| 2022-04-06T10:56:47Z
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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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https://www.whsv.com/prnewswire/2022/04/06/nova-space-professional-development-program-receives-educational-space-certification-space-foundation/
| 2022-04-06T10:56:54Z
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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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| 2022-04-06T10:57:00Z
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VANCOUVER, BC, April 5, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American") will announce its unaudited results for the first quarter of 2022 ("Q1 2022") after market close on Wednesday, May 11, 2022. Pan American will also hold its Annual General and Special Meeting of Shareholders (the "Shareholders Meeting") the same day at 6:00 pm ET (3:00 pm PT).
Q1 2022 Unaudited Results Conference Call and Webcast
Pan American plans to release its unaudited results for Q1 2022 on Wednesday May 11, 2022, after market close. Details for the related conference call and webcast are as follows:
Webcast: via our website at https://www.panamericansilver.com/investors/events-and-presentations/
or directly at https://services.choruscall.ca/links/panamericansilver20220512.html
The live webcast, presentation slides and the Q1 2022 report will be available at https://www.panamericansilver.com/investors/events-and-presentations/. An archive of the webcast will also be available at the same link for three months.
Annual General and Special Meeting of Shareholders
Pan American is scheduled to hold its Shareholders Meeting at the offices of Borden Ladner Gervais LLP, 1200 Waterfront Centre, 200 Burrard Street, Vancouver, British Columbia, Canada on Wednesday, May 11, 2022 at 6:00 pm ET (3:00 pm PT).
Due to the ongoing COVID-19 pandemic, shareholders and proxyholders are encouraged not to attend the Shareholders Meeting in person and are urged to vote in advance by proxy, as discussed in the Company's management information circular (the "Circular").
The Shareholders Meeting may be accessed remotely via live conference call and audio webcast. Material related to the Shareholders Meeting, including the Circular, is available at https://www.panamericansilver.com/investors/events-and-presentations/ under the heading "Annual General and Special Meeting".
Details for the Shareholders Meeting conference call and webcast are as follows:
Webcast: via our website at https://www.panamericansilver.com/investors/events-and-presentations/
or directly at https://services.choruscall.ca/links/panamericansilver20220511.html
About Pan American Silver
Pan American Silver owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina and Bolivia. We also own the Escobal mine in Guatemala that is currently not operating. Pan American Silver provides enhanced exposure to silver through a large base of silver reserves and resources, as well as major catalysts to grow silver production. We have a 28-year history of operating in Latin America, earning an industry-leading reputation for sustainability performance, operational excellence and prudent financial management. We are headquartered in Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol "PAAS".
Learn more at panamericansilver.com.
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https://www.whsv.com/prnewswire/2022/04/06/pan-american-silver-announce-first-quarter-2022-unaudited-results-host-annual-general-special-meeting-shareholders-may-11/
| 2022-04-06T10:57:08Z
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The investment will enable Productsup to pursue product development and M&A activity that will further its global expansion and mission to empower brands, retailers, marketplaces, and service providers to tell a consistent story across all commerce channels and win more customers
BERLIN, April 6, 2022 /PRNewswire/ -- Productsup, the leading P2C software company, today announced a Series B funding round for more than $70 million (€65 million) led by Bregal Milestone, a leading European technology growth capital firm, with participation from its existing investor, Nordwind Capital. The investment will enable Productsup to further advance its product development, target merger and acquisition opportunities, strengthen its partner network, and expand to new markets to solidify its position as the leading global solution for commerce success.
"What was once a simple task of bringing products to consumers has become an overwhelmingly complex process for today's businesses," said Vincent Peters, CEO at Productsup. "We're in a new era of commerce where outdated approaches are no longer effective. This funding will allow us to work toward our mission to radically rethink how companies manage their products within the commerce ecosystem, ultimately empowering our customers to turn complexity into a competitive advantage."
With global ecommerce sales projected to reach over $5 trillion by 2022, the market is ripe with opportunities for commerce businesses to scale. But research shows that more than one-third (37%) of decision-makers are concerned with the consistency of product information being passed through their tech stack. Productsup fills this gap, working with over 900 global brands, retailers, marketplaces, and service providers to help them gain control over their omnichannel strategy in order to gain market share. Processing over two trillion products per month, the Productsup product-to-consumer (P2C) platform is the only solution available that provides a holistic view of data across every product touchpoint. The platform enables companies to tell a consistent product story across more than 2,500 marketing and selling channels, which drives higher conversions and reduces time-to-market.
Productsup has seen a recent acceleration in its business thanks to its unique set of enterprise capabilities, growing net new ARR by over 60% in the last twelve months. Productsup currently boasts a gross revenue retention rate of 90% and a net revenue retention rate of 120%. Beyond financial gains, the company has increased its headcount from 150 to 300 employees, expanded its leadership team, and was named a leader in P2C management by Constellation Research all within the last year.
"Our decision to partner with Productsup was based on its long-term, sustainable trajectory as a mission-critical enterprise-grade commerce solution," said Cyrus Shey, Managing Partner of Bregal Milestone. "Whereas alternative vendors mostly offer point solutions, Productsup uniquely addresses the needs of the evolving commerce market for a single view of all product information value chains and offers seamless, end-to-end product data control – across all global channels and in real-time."
Productsup will work closely with Bregal Milestone's in-house value creation team, Milestone Performance Partners, to identify and invest in various product development initiatives to further accelerate Productsup's growth. As part of the funding round, Bregal Milestone will partner with existing investor Nordwind Capital who initially invested in the company in 2017 and still retains a majority stake in Productsup after the transaction.
"This investment substantiates the effort and work we have put forth into transforming Productsup to be the P2C category leader," said Christian Plangger, Managing Partner of Nordwind Capital. "We are excited to partner with a renowned technology-focused growth capital firm like Bregal Milestone to continue to build on the company's successes and accelerate its growth globally."
"With technology advancements like the metaverse on the horizon, these are exciting times for the commerce world," said Marcel Hollerbach, Co-Founder and Chief Innovation Officer at Productsup. "We are about to enter a new era of innovation, so it's our priority to ensure companies are equipped to manage the proliferation of shopping channels and experiences to become the disruptors – not the disrupted."
For more information about Productsup, please visit www.productsup.com.
About Productsup
Productsup frees brands, retailers, service providers, and marketplaces from commerce anarchy. The Productsup product-to-consumer (P2C) platform processes over two trillion products a month, empowering long-term business success as the only global, strategic, scalable platform managing all product-to-consumer information value chains across any platform, any channel, any technology. Founded in 2010 and headquartered in Berlin, Productsup has grown to over 250 employees spread out across offices worldwide and works with over 900 brands, including IKEA, Sephora, Beiersdorf, Redbubble, and ALDI. Learn more at www.productsup.com.
About Nordwind Capital (NC Growth Fund)
Nordwind Capital is a German based technology-focused growth capital investor focusing on leading, fast growing technology companies headquartered in Germany, Austria, or Switzerland. Nordwind Capital currently has € 500 million assets under management in the main sectors software, eCommerce, media & communications, and tech-enabled services. The firm supports companies with equity investments ranging from €10 to 40 million.
About Bregal Milestone
Bregal Milestone is a leading European technology growth capital firm dedicated to making investments in ambitious, high-growth technology companies. The firm provides growth capital and strategic assistance to support market-leading companies in the technology and technology-enabled services sectors. Bregal Milestone is part of Bregal Investments, a leading global investment firm that has invested over €15 billion to date.
For more information, please visit www.bregalmilestone.com.
CONTACT: Megan Perkins, press@productsup.com
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| 2022-04-06T10:57:16Z
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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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| 2022-04-06T10:57:23Z
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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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| 2022-04-06T10:57:29Z
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HUANGLING, China, April 6, 2022 /PRNewswire/ -- On the morning of April 5, the 2022 Qingming Festival Memorial Ceremony for the Yellow Emperor was held at the Mausoleum of the Yellow Emperor in Shaanxi Province. The mausoleum, located in Huangling County, Shaanxi Province, is the location of the tomb of the Yellow Emperor, the common ancestor of the Chinese nation. The memorial ceremony was jointly organized by the Shaanxi Provincial People's Government, Taiwan Affairs Office of the State Council, Overseas Chinese Affairs Office of the State Council and All-China Federation of Returned Overseas Chinese.
According to the requirements of epidemic prevention and control, the number of performers for the ceremony was significantly compressed, but the ceremony rituals remained unchanged, fully highlighting the profound connotations of the traditional offering culture.
At 9:50, the memorial ceremony officially started. All the attendees were standing solemnly for the drum beats and bell rings. The 9 bell rings represent the highest etiquette of traditional rituals of the Chinese nation, expressing the infinite admiration and gratitude of all Chinese people to their ancestor, the Yellow Emperor.
During the superb and elegant memorial music and dance performance, Cao Jianming, Vice Chairman of the Standing Committee of the National People's Congress, presented the flower basket to the statue of the Yellow Emperor. Liu Guozhong, Secretary of the CPC Shaanxi Provincial Party Committee and Director of the Standing Committee of the Shaanxi Provincial People's Congress, presented the flower basket on behalf of the representatives of Shaanxi province. Zhao Yide, the governor of Shaanxi Province, delivered the memorial address.
Upon the end of the memorial address, all the attendees made three deep bows to the statue of the Yellow Emperor.
After the memorial music and dance performance, a 56-meter-long Chinese dragon hovered and leaped from the center of the altar, soaring to the sky. The dragon traveled through five thousand years of history, telling the story of the Yellow Emperor ascending to heaven.
As the Memorial Ceremony was completed, the attendees visited the Xuanyuan Hall and the Mausoleum of the Yellow Emperor, they then planted the Qiaoshan cypresses.
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Caption: Renyin (2022) Qingming Festival Memorial Ceremony for the Yellow Emperor was held in Shaanxi.
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| 2022-04-06T10:57:35Z
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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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| 2022-04-06T10:57:43Z
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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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| 2022-04-06T10:57:49Z
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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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SOURCE The Gross Law Firm
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| 2022-04-06T10:57:56Z
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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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SOURCE The Gross Law Firm
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| 2022-04-06T10:58:02Z
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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
View original content:
SOURCE The Gross Law Firm
|
https://www.whsv.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-astra-space-inc-fka-holicity-inc-class-action-lawsuit-lead-plaintiff-deadline-april-11-2022-nasdaq-astr/
| 2022-04-06T10:58:09Z
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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
View original content:
SOURCE The Gross Law Firm
|
https://www.whsv.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-butterfly-network-inc-fka-longview-acquisition-corp-class-action-lawsuit-lead-plaintiff-deadline-april-18-2022-nyse-bfly/
| 2022-04-06T10:58:18Z
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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
View original content:
SOURCE The Gross Law Firm
|
https://www.whsv.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/
| 2022-04-06T10:58:26Z
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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
|
https://www.whsv.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/
| 2022-04-06T10:58:33Z
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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
|
https://www.whsv.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/
| 2022-04-06T10:58:41Z
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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
|
https://www.whsv.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/
| 2022-04-06T10:58:48Z
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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
|
https://www.whsv.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/
| 2022-04-06T10:58:56Z
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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
|
https://www.whsv.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/
| 2022-04-06T10:59:03Z
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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
|
https://www.whsv.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/
| 2022-04-06T10:59:09Z
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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
|
https://www.whsv.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/
| 2022-04-06T10:59:20Z
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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
|
https://www.whsv.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/
| 2022-04-06T10:59:27Z
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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.whsv.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/
| 2022-04-06T10:59:33Z
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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.whsv.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/
| 2022-04-06T10:59:42Z
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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.whsv.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/
| 2022-04-06T10:59:48Z
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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
|
https://www.whsv.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/
| 2022-04-06T10:59:55Z
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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.whsv.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/
| 2022-04-06T11:00:01Z
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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
|
https://www.whsv.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/
| 2022-04-06T11:00:09Z
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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.whsv.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/
| 2022-04-06T11:00:16Z
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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.whsv.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/
| 2022-04-06T11:00:23Z
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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.whsv.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/
| 2022-04-06T11:00:29Z
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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.whsv.com/prnewswire/2022/04/06/shift-technology-taps-into-legentic-data-help-insurers-make-better-decisions-about-suspicious-claims/
| 2022-04-06T11:00:37Z
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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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| 2022-04-06T11:00:44Z
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JUNO BEACH, Fla., April 5, 2022 /PRNewswire/ -- NextEra Energy Resources, LLC President and CEO and NextEra Energy Partners, LP President Rebecca Kujawa issued the following statement regarding today's announced agreement between the Department of Justice and ESI Energy, LLC, a NextEra Energy Resources affiliate, concerning eagle deaths at certain wind farms.
"Today, ESI Energy voluntarily entered into an agreement with the Department of Justice related to the accidental fatalities of eagles at certain wind farms owned and/or operated by NextEra Energy Resources and NextEra Energy Partners. We disagree with the government's underlying enforcement policy, which under most circumstances makes building and operating a wind farm into which certain birds may accidentally fly a violation of the Migratory Bird Treaty Act (MBTA) – even when the wind farm was developed and sited in a way that sought to avoid avian wildlife collisions. The reality is building any structure, driving any vehicle, or flying any airplane carries with it a possibility that accidental eagle and other bird collisions may occur as a result of that activity.
"Unfortunately, the federal government, at odds with many states and a number of federal court decisions, has sought to criminalize unavoidable accidents related to collisions of birds into wind turbines while at the same time failing to address other activities that result in far greater numbers of accidental eagle and other bird mortalities.
"We have a long-standing and well-earned reputation for protecting our environment and positively co-existing with and supporting wildlife around our facilities, and we have never sited a wind turbine knowing an eagle would fly into it nor have we taken any action in disregard of federal law. In fact, our company makes significant efforts to avoid accidental collisions with bird populations, including eagles. Over the last 20 years, NextEra Energy has invested more than $150 million across the U.S. to support our avian impact mitigation efforts, including taking actions to mitigate avian interaction with our poles, wires and energy generation facilities. We believe that the wind energy industry, including NextEra Energy Resources, voluntarily does more than any other industry in seeking to minimize interactions with avian wildlife.
"However, the most expedient solution was to resolve this dispute and focus our attention on continuing to develop, build, and operate emissions-free wind energy centers for a lower carbon America built by good-paying American jobs. In order to put this issue behind us, ESI Energy agreed to plead guilty to three misdemeanors under the MBTA associated with accidental eagle fatalities at three of our subsidiary wind facilities in Wyoming and New Mexico. The MBTA is a 1918 statute that prohibits individuals and entities from pursuing, hunting, shooting, wounding, killing, trapping, capturing, or collecting most U.S. birds. NextEra Energy Resources has always maintained, and continues to believe, notwithstanding ESI's plea, that this statute was only intended to cover intentional behavior, like hunting and poaching of migratory birds. As recently as last year, the federal government had adopted regulations that codified that accidental collisions did not violate the MBTA.
"Also, as part of the resolution of this matter, ESI has agreed that a number of NextEra Energy Resources' and NextEra Energy Partners' wind facilities will apply for eagle 'take' permits under another federal statute, even though we believe that, like the MBTA, this law does not require a permit to cover unintentional collisions that occur when eagles fly into properly developed wind energy facilities.
"Compliance with the agreements, which includes, among other provisions, payment of a fixed amount and cost caps for compliance with the eagle management plan for a period of at least five years, is not expected to have a material impact on the business, financial condition, results of operations or prospects of NextEra Energy or NextEra Energy Partners. This resolution will resolve all past fatalities and provides a framework that will allow us to move forward without a continued threat related to these statutes.
"NextEra Energy Resources' goal has always been, and remains, to develop our projects in ways that will not damage wildlife populations, including eagle populations, and we hope that our resources committed as part of this resolution will be devoted to optimizing eagle conservation."
NextEra Energy Resources, LLC (together with its affiliated entities, "NextEra Energy Resources") is a clean energy leader and is one of the largest wholesale generators of electric power in the U.S., with approximately 24,600 megawatts of total net generating capacity, primarily in 38 states and Canada as of year-end 2021. NextEra Energy Resources, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun based on 2021 megawatt hours produced on a net generation basis, and a world leader in battery storage. The business operates clean, emissions-free nuclear power generation facilities in New Hampshire and Wisconsin as part of the NextEra Energy nuclear fleet. NextEra Energy Resources, LLC is a subsidiary of Juno Beach, Florida-based NextEra Energy, Inc. (NYSE: NEE). For more information, visit www.NextEraEnergyResources.com.
NextEra Energy Partners, LP (NYSE: NEP) is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE: NEE). NextEra Energy Partners acquires, manages and owns contracted clean energy projects with stable, long-term cash flows. Headquartered in Juno Beach, Florida, NextEra Energy Partners owns interests in geographically diverse wind, solar and energy storage projects in the U.S. as well as natural gas infrastructure assets in Texas and Pennsylvania. For more information about NextEra Energy Partners, please visit: www.NextEraEnergyPartners.com.
This news release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but instead represent the current expectations of NextEra Energy, Inc. (together with its subsidiaries, NextEra Energy) regarding future operating results and other future events, many of which, by their nature, are inherently uncertain and outside of NextEra Energy's control. Forward-looking statements in this news release include, among others, statements concerning future compliance with the agreements associated with the resolution of the U.S. Department of Justice's investigation into eagle fatalities, including any related impacts to the business, financial condition, results of operations or prospects of NextEra Energy. In some cases, you can identify the forward-looking statements by words or phrases such as "will," "may result," "expect," "anticipate," "believe," "intend," "plan," "seek," "potential," "projection," "forecast," "predict," "goals," "target," "outlook," "should," "would" or similar words or expressions. You should not place undue reliance on these forward-looking statements, which are not a guarantee of future performance. The future results of NextEra Energy and its business and financial condition are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, or may require it to limit or eliminate certain operations. These risks and uncertainties include, but are not limited to, those discussed in this news release and the following: effects of extensive regulation of NextEra Energy's business operations; inability of NextEra Energy to recover in a timely manner any significant amount of costs, a return on certain assets or a reasonable return on invested capital through base rates, cost recovery clauses, other regulatory mechanisms or otherwise; impact of political, regulatory, operational and economic factors on regulatory decisions important to NextEra Energy; disallowance of cost recovery based on a finding of imprudent use of derivative instruments; effect of any reductions or modifications to, or elimination of, governmental incentives or policies that support utility scale renewable energy projects or the imposition of additional tax laws, tariffs, duties, policies or assessments on renewable energy or equipment necessary to generate it or deliver it; impact of new or revised laws, regulations, interpretations or constitutional ballot and regulatory initiatives on NextEra Energy; capital expenditures, increased operating costs and various liabilities attributable to environmental laws, regulations and other standards applicable to NextEra Energy; effects on NextEra Energy of federal or state laws or regulations mandating new or additional limits on the production of greenhouse gas emissions; exposure of NextEra Energy to significant and increasing compliance costs and substantial monetary penalties and other sanctions as a result of extensive federal regulation of its operations and businesses; effect on NextEra Energy of changes in tax laws, guidance or policies as well as in judgments and estimates used to determine tax-related asset and liability amounts; impact on NextEra Energy of adverse results of litigation; effect on NextEra Energy of failure to proceed with projects under development or inability to complete the construction of (or capital improvements to) electric generation, transmission and distribution facilities, gas infrastructure facilities or other facilities on schedule or within budget; impact on development and operating activities of NextEra Energy resulting from risks related to project siting, planning, financing, construction, permitting, governmental approvals and the negotiation of project development agreements, as well as supply chain disruptions; risks involved in the operation and maintenance of electric generation, transmission and distribution facilities, gas infrastructure facilities, retail gas distribution system in Florida and other facilities; effect on NextEra Energy of a lack of growth or slower growth in the number of customers or in customer usage; impact on NextEra Energy of severe weather and other weather conditions; threats of terrorism and catastrophic events that could result from terrorism, cyberattacks or other attempts to disrupt NextEra Energy's business or the businesses of third parties; inability to obtain adequate insurance coverage for protection of NextEra Energy against significant losses and risk that insurance coverage does not provide protection against all significant losses; a prolonged period of low gas and oil prices could impact NextEra Energy's gas infrastructure business and cause NextEra Energy to delay or cancel certain gas infrastructure projects and could result in certain projects becoming impaired; risk of increased operating costs resulting from unfavorable supply costs necessary to provide full energy and capacity requirement services; inability or failure to manage properly or hedge effectively the commodity risk within its portfolio; effect of reductions in the liquidity of energy markets on NextEra Energy's ability to manage operational risks; effectiveness of NextEra Energy's risk management tools associated with its hedging and trading procedures to protect against significant losses, including the effect of unforeseen price variances from historical behavior; impact of unavailability or disruption of power transmission or commodity transportation facilities on sale and delivery of power or natural gas; exposure of NextEra Energy to credit and performance risk from customers, hedging counterparties and vendors; failure of counterparties to perform under derivative contracts or of requirement for NextEra Energy to post margin cash collateral under derivative contracts; failure or breach of NextEra Energy's information technology systems; risks to NextEra Energy's retail businesses from compromise of sensitive customer data; losses from volatility in the market values of derivative instruments and limited liquidity in over-the-counter markets; impact of negative publicity; inability to maintain, negotiate or renegotiate acceptable franchise agreements; occurrence of work strikes or stoppages and increasing personnel costs; NextEra Energy's ability to successfully identify, complete and integrate acquisitions, including the effect of increased competition for acquisitions; environmental, health and financial risks associated with ownership and operation of nuclear generation facilities; liability of NextEra Energy for significant retrospective assessments and/or retrospective insurance premiums in the event of an incident at certain nuclear generation facilities; increased operating and capital expenditures and/or reduced revenues at nuclear generation facilities resulting from orders or new regulations of the Nuclear Regulatory Commission; inability to operate any of NextEra Energy's owned nuclear generation units through the end of their respective operating licenses; effect of disruptions, uncertainty or volatility in the credit and capital markets or actions by third parties in connection with project-specific or other financing arrangements on NextEra Energy's ability to fund its liquidity and capital needs and meet its growth objectives; inability to maintain current credit ratings; impairment of liquidity from inability of credit providers to fund their credit commitments or to maintain their current credit ratings; poor market performance and other economic factors that could affect NextEra Energy's defined benefit pension plan's funded status; poor market performance and other risks to the asset values of nuclear decommissioning funds; changes in market value and other risks to certain of NextEra Energy's investments; effect of inability of NextEra Energy subsidiaries to pay upstream dividends or repay funds to NextEra Energy or of NextEra Energy's performance under guarantees of subsidiary obligations on NextEra Energy's ability to meet its financial obligations and to pay dividends on its common stock; the fact that the amount and timing of dividends payable on NextEra Energy's common stock, as well as the dividend policy approved by NextEra Energy's board of directors from time to time, and changes to that policy, are within the sole discretion of NextEra Energy's board of directors and, if declared and paid, dividends may be in amounts that are less than might be expected by shareholders; NextEra Energy Partners, LP's inability to access sources of capital on commercially reasonable terms could have an effect on its ability to consummate future acquisitions and on the value of NextEra Energy's limited partner interest in NextEra Energy Operating Partners, LP; effects of disruptions, uncertainty or volatility in the credit and capital markets on the market price of NextEra Energy's common stock; and the ultimate severity and duration of public health crises, epidemics and pandemics, and its effects on NextEra Energy's business. NextEra Energy discusses these and other risks and uncertainties in its annual report on Form 10-K for the year ended December 31, 2021 and other Securities and Exchange Commission (SEC) filings, and this news release should be read in conjunction with such SEC filings. The forward-looking statements made in this news release are made only as of the date of this news release and NextEra Energy undertakes no obligation to update any forward-looking statements.
This news release contains "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are not statements of historical facts, but instead represent the current expectations of NextEra Energy Partners, LP (together with its subsidiaries, NEP) regarding future operating results and other future events, many of which, by their nature, are inherently uncertain and outside of NEP's control. Forward-looking statements in this news release include, among others, statements concerning future compliance with the agreements associated with the resolution of the U.S. Department of Justice's investigation into eagle fatalities, including any related impacts to the business, financial condition, results of operations or prospects of NextEra Energy Partners. In some cases, you can identify the forward-looking statements by words or phrases such as "will," "may result," "expect," "anticipate," "believe," "intend," "plan," "seek," "aim," "potential," "projection," "forecast," "predict," "goals," "target," "outlook," "should," "would" or similar words or expressions. You should not place undue reliance on these forward-looking statements, which are not a guarantee of future performance. The future results of NEP and its business and financial condition are subject to risks and uncertainties that could cause NEP's actual results to differ materially from those expressed or implied in the forward-looking statements. These risks and uncertainties could require NEP to limit or eliminate certain operations. These risks and uncertainties include, but are not limited to, the following: NEP's ability to make cash distributions to its unitholders is affected by wind and solar conditions at its renewable energy projects; operation and maintenance of renewable energy projects and pipelines involve significant risks that could result in unplanned power outages, reduced output or capacity, personal injury or loss of life; NEP's business, financial condition, results of operations and prospects can be materially adversely affected by weather conditions, including, but not limited to, the impact of severe weather; NEP depends on certain of the renewable energy projects and pipelines in its portfolio for a substantial portion of its anticipated cash flows; NEP may pursue the repowering of wind projects or the expansion of natural gas pipelines that would require up-front capital expenditures and could expose NEP to project development risks; terrorist acts, cyberattacks or other similar events could impact NEP's projects, pipelines or surrounding areas and adversely affect its business; the ability of NEP to obtain insurance and the terms of any available insurance coverage could be materially adversely affected by international, national, state or local events and company-specific events, as well as the financial condition of insurers. NEP's insurance coverage does not provide protection against all significant losses; NEP relies on interconnection, transmission and other pipeline facilities of third parties to deliver energy from its renewable energy projects and to transport natural gas to and from its pipelines. If these facilities become unavailable, NEP's projects and pipelines may not be able to operate or deliver energy or may become partially or fully unavailable to transport natural gas; NEP's business is subject to liabilities and operating restrictions arising from environmental, health and safety laws and regulations, compliance with which may require significant capital expenditures, increase NEP's cost of operations and affect or limit its business plans; NEP's renewable energy projects or pipelines may be adversely affected by legislative changes or a failure to comply with applicable energy and pipeline regulations; Petroleos Mexicanos (Pemex) may claim certain immunities under the Foreign Sovereign Immunities Act and Mexican law, and the Texas pipeline entities' ability to sue or recover from Pemex for breach of contract may be limited and may be exacerbated if there is a deterioration in the economic relationship between the U.S. and Mexico; NEP does not own all of the land on which the projects in its portfolio are located and its use and enjoyment of the property may be adversely affected to the extent that there are any lienholders or land rights holders that have rights that are superior to NEP's rights or the U.S. Bureau of Land Management suspends its federal rights-of-way grants; NEP is subject to risks associated with litigation or administrative proceedings that could materially impact its operations, including, but not limited to, proceedings related to projects it acquires in the future; NEP's operations require NEP to comply with anti-corruption laws and regulations of the U.S. government and Mexico; NEP is subject to risks associated with its ownership interests in projects that are under construction, which could result in its inability to complete construction projects on time or at all, and make projects too expensive to complete or cause the return on an investment to be less than expected; NEP relies on a limited number of customers and is exposed to the risk that they may be unwilling or unable to fulfill their contractual obligations to NEP or that they otherwise terminate their agreements with NEP; NEP may not be able to extend, renew or replace expiring or terminated power purchase agreements (PPA), natural gas transportation agreements or other customer contracts at favorable rates or on a long-term basis; if the energy production by or availability of NEP's renewable energy projects is less than expected, they may not be able to satisfy minimum production or availability obligations under their PPAs; NEP's growth strategy depends on locating and acquiring interests in additional projects consistent with its business strategy at favorable prices; reductions in demand for natural gas in the United States or Mexico and low market prices of natural gas could materially adversely affect NEP's pipeline operations and cash flows; government laws, regulations and policies providing incentives and subsidies for clean energy could be changed, reduced or eliminated at any time and such changes may negatively impact NEP's growth strategy; NEP's growth strategy depends on the acquisition of projects developed by NextEra Energy, Inc. (NEE) and third parties, which face risks related to project siting, financing, construction, permitting, the environment, governmental approvals and the negotiation of project development agreements; acquisitions of existing clean energy projects involve numerous risks; NEP may continue to acquire other sources of clean energy and may expand to include other types of assets. Any further acquisition of non-renewable energy projects may present unforeseen challenges and result in a competitive disadvantage relative to NEP's more-established competitors; NEP faces substantial competition primarily from regulated utilities, developers, independent power producers, pension funds and private equity funds for opportunities in North America; the natural gas pipeline industry is highly competitive, and increased competitive pressure could adversely affect NEP's business; NEP may not be able to access sources of capital on commercially reasonable terms, which would have a material adverse effect on its ability to consummate future acquisitions and pursue other growth opportunities; restrictions in NEP and its subsidiaries' financing agreements could adversely affect NEP's business, financial condition, results of operations and ability to make cash distributions to its unitholders; NEP's cash distributions to its unitholders may be reduced as a result of restrictions on NEP's subsidiaries' cash distributions to NEP under the terms of their indebtedness or other financing agreements; NEP's subsidiaries' substantial amount of indebtedness may adversely affect NEP's ability to operate its business, and its failure to comply with the terms of its subsidiaries' indebtedness could have a material adverse effect on NEP's financial condition; NEP is exposed to risks inherent in its use of interest rate swaps; widespread public health crises and epidemics or pandemics may have material adverse impacts on NEP's business, financial condition, liquidity, results of operations and ability to make cash distributions to its unitholders; NEE has influence over NEP; under the cash sweep and credit support agreement, NEP receives credit support from NEE and its affiliates. NEP's subsidiaries may default under contracts or become subject to cash sweeps if credit support is terminated, if NEE or its affiliates fail to honor their obligations under credit support arrangements, or if NEE or another credit support provider ceases to satisfy creditworthiness requirements, and NEP will be required in certain circumstances to reimburse NEE for draws that are made on credit support; NextEra Energy Resources, LLC (NEER) or one of its affiliates is permitted to borrow funds received by NEP's subsidiaries and is obligated to return these funds only as needed to cover project costs and distributions or as demanded by NextEra Energy Operating Partners, LP (NEP OpCo). NEP's financial condition and ability to make distributions to its unitholders, as well as its ability to grow distributions in the future, is highly dependent on NEER's performance of its obligations to return all or a portion of these funds; NEER's right of first refusal may adversely affect NEP's ability to consummate future sales or to obtain favorable sale terms; NextEra Energy Partners GP, Inc. (NEP GP) and its affiliates may have conflicts of interest with NEP and have limited duties to NEP and its unitholders; NEP GP and its affiliates and the directors and officers of NEP are not restricted in their ability to compete with NEP, whose business is subject to certain restrictions; NEP may only terminate the Management Services Agreement among, NEP, NextEra Energy Management Partners, LP (NEE Management), NEP OpCo and NextEra Energy Operating Partners GP, LLC (NEP OpCo GP) under certain limited circumstances; if the agreements with NEE Management or NEER are terminated, NEP may be unable to contract with a substitute service provider on similar terms; NEP's arrangements with NEE limit NEE's potential liability, and NEP has agreed to indemnify NEE against claims that it may face in connection with such arrangements, which may lead NEE to assume greater risks when making decisions relating to NEP than it otherwise would if acting solely for its own account; NEP's ability to make distributions to its unitholders depends on the ability of NEP OpCo to make cash distributions to its limited partners; if NEP incurs material tax liabilities, NEP's distributions to its unitholders may be reduced, without any corresponding reduction in the amount of the IDR fee; holders of NEP's units may be subject to voting restrictions; NEP's partnership agreement replaces the fiduciary duties that NEP GP and NEP's directors and officers might have to holders of its common units with contractual standards governing their duties and the NYSE does not require a publicly traded limited partnership like NEP to comply with certain of its corporate governance requirements; NEP's partnership agreement restricts the remedies available to holders of NEP's common units for actions taken by NEP's directors or NEP GP that might otherwise constitute breaches of fiduciary duties; certain of NEP's actions require the consent of NEP GP; holders of NEP's common units currently cannot remove NEP GP without NEE's consent and provisions in NEP's partnership agreement may discourage or delay an acquisition of NEP that NEP unitholders may consider favorable; NEE's interest in NEP GP and the control of NEP GP may be transferred to a third party without unitholder consent; NEP may issue additional units without unitholder approval, which would dilute unitholder interests; reimbursements and fees owed to NEP GP and its affiliates for services provided to NEP or on NEP's behalf will reduce cash distributions from NEP OpCo and from NEP to NEP's unitholders, and there are no limits on the amount that NEP OpCo may be required to pay; increases in interest rates could adversely impact the price of NEP's common units, NEP's ability to issue equity or incur debt for acquisitions or other purposes and NEP's ability to make cash distributions to its unitholders; the liability of holders of NEP's units, which represent limited partnership interests in NEP, may not be limited if a court finds that unitholder action constitutes control of NEP's business; unitholders may have liability to repay distributions that were wrongfully distributed to them; the issuance of securities convertible into, or settleable with, common units may affect the market price for NEP's common units, will dilute common unitholders' ownership in NEP and may decrease the amount of cash available for distribution for each common unit; NEP's future tax liability may be greater than expected if NEP does not generate net operating losses (NOLs) sufficient to offset taxable income or if tax authorities challenge certain of NEP's tax positions; NEP's ability to use NOLs to offset future income may be limited; NEP will not have complete control over NEP's tax decisions; and, distributions to unitholders may be taxable as dividends. NEP discusses these and other risks and uncertainties in its annual report on Form 10-K for the year ended December 31, 2021 and other Securities and Exchange Commission (SEC) filings, and this news release should be read in conjunction with such SEC filings made through the date of this news release. The forward-looking statements made in this news release are made only as of the date of this news release and NEP undertakes no obligation to update any forward-looking statements.
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SOURCE NextEra Energy Resources, LLC; NextEra Energy Partners, LP
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https://www.whsv.com/prnewswire/2022/04/06/statement-by-nextera-energy-resources-president-ceo-nextera-energy-partners-president-rebecca-kujawa-agreement-between-us-department-justice-esi-energy/
| 2022-04-06T11:00:51Z
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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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https://www.whsv.com/prnewswire/2022/04/06/stocard-joins-klarna-gets-smoooth-with-all-new-brand-identity/
| 2022-04-06T11:00:58Z
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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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SOURCE Theravance Biopharma, Inc.
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https://www.whsv.com/prnewswire/2022/04/06/theravance-biopharma-participate-an-upcoming-investor-conference/
| 2022-04-06T11:01:05Z
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In the wake of the global disruption of the supply chain, high performance leaders for the final mile are in top demand more than ever before.
ORLANDO, Fla., April 6, 2022 /PRNewswire/ -- Specialist executive search firms for the final mile such as TransgisticsTalent.com have received triple the number of requests for top leadership talent in the Final mile segment of the 3PL distribution sector.
James P. Tolan, Managing Partner of the firm, admits that Transgistics Talent has been compelled to beef up its own talent research teams as the competition for top leadership talent in the C- Suite has been overwhelming.
As more private equity firms acquire final mile businesses, the need to place high performance leaders to increase profitability is paramount.
"We are experiencing a surge in demand for top high-performance leaders" said Tolan, "very similar to peak performance athletes in professional sports teams, if you have the right leadership, they drive the winning culture hands down", he added.
"Our clients rely on our reputation of having the ability to understand their business and tap into our vast network of final mile executives and leaders who can hit the ground running and make a difference from day one", he said.
The award-winning search firm has also cited shortages in the entire management cycle they are filling for transportation hubs, cold storage, and all white glove home deliveries.
"We look for integrity, specialized experience and a driving passion to lead winning teams, says Tolan, and our search process speaks to these metrics without compromise."
The global reshuffle of talent has helped many of our clients' micro-focus on how important bringing in top leadership will be to their bottom line, and this has our team bustling with renewed activity to fulfil the mission mandated to us by our final mile clients.
About Transgistics Talent
Transgistics Talent is a privately held executive search firm that deploys its decade of experience to enable growth for its clients in the logistical / 3pl/ final mile / home delivery space.
Led by Managing Partner James P. Tolan, the firm has associates throughout North America to serve multiple markets and verticals within the logistics niche.
For more information visit: www.Transgisticstalent.com and discover more about talent solutions for final mile, home delivery 3pl, logistics.
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SOURCE Transgistics Talent
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https://www.whsv.com/prnewswire/2022/04/06/transgistics-talent-reports-peak-demand-final-mile-high-performance-leadership/
| 2022-04-06T11:01:11Z
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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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https://www.whsv.com/prnewswire/2022/04/06/trilogy-metals-reports-first-quarter-fiscal-2022-financial-results/
| 2022-04-06T11:01:18Z
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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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SOURCE Darktrace
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https://www.whsv.com/prnewswire/2022/04/06/two-nhs-trusts-renew-million-dollar-deal-contracts-with-darktrace-healthcare-targeted-by-attackers/
| 2022-04-06T11:01:25Z
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NEW YORK, April 6, 2022 /PRNewswire/ -- VinFast announces its participation in the New York International Auto Show 2022 (NYIAS 2022) from April 15-24, 2022, and will showcase three models: VF 7, VF 8, and VF 9. In addition, for the first time in the US, VinFast will offer a public test drive to attendees, providing a practical experience of the excellent smart technology integrated into its vehicles.
Five months after launching its concept cars at the Los Angeles Auto Show 2021, VinFast is officially unveiling a drivable EV for customers to experience at NYIAS 2022. The test drive program uses the VF 8 and will be conducted at the EV Test Track on Level 1 at Jacob K. Javits Convention Center.
The coming VF 8 model is a midsize eSUV integrated with several premium features of the Smart Services suite, giving the drivers an experience of smart technologies in work and life. These features illustrate how VinFast proudly and continuously strives to deliver quality and comfort to its customers.
Mr. Emmanuel Bret - VinFast Deputy CEO of Global Sales and Marketing, said: "Offering test drives of the VF 8 after only five months since our Global Premiere clearly demonstrates VinFast's commitment, speed, and determination. We hope that VinFast's premium, smart, and environmentally friendly products will soon be in the garages of American customers while supporting them in their efforts to improve the environment through their vehicle selection. In addition, we hope the VF 8 test drive program will provide a taste of what our cars can offer to potential customers."
At NYIAS 2022, The VF 7, VF 8, and VF 9 will be on display at VinFast's exhibition booth. All models embody VinFast's go-to-market strategy in the US, offering leading technology with a modern and sophisticated design language at an attainable price point. These models will be integrated with ADAS, the Smart Services, and a 10-year warranty. In addition, VinFast offers a unique battery rental program, which ensures reasonable vehicle prices while minimizing customer concerns about battery life and maintenance.
In addition to exhibiting and offering test drives, VinFast will organize several exclusive programs for the media (on the afternoon of April 13), VinFirst customers (during event days), and visitors interested in discovering the unique features of Vietnamese culture and cuisine at VinFast Lotus Session on April, 16, 2022.
At the CES 2022 in early January, VinFast presented its pure electric strategy and its complete electric vehicle product line-up - VF 5, VF 6, VF 7, VF 8, and VF 9. The VF 8 and VF 9 are expected to be delivered to customers in the second half of 2022.
As the company prepares for market expansion, VinFast recently signed a memorandum of understanding to establish its first automotive manufacturing plant in North Carolina. With an investment of up to $2 billion in the first phase and thousands of new jobs created for local workers, the plant will begin construction this year and is expected to become operational in July 2024.
Currently, VF 8 and VF 9 have received approximately 60,000 international reservations since the reservation program launched three months ago. Thus, in observation of the market's ongoing trust and positive feedback, VinFast has decided to continue the VinFirst program for its pioneering customers from international markets until the end of May 30, 2022 (Pacific Standard Time).
Visitors can experience and learn more about VinFast at Booth #610 at the New York International Auto Show. The company's exhibit will be open to the public from April 15-24 on Level 3 of the Jacob K. Javits Convention Center.
About VinFast
VinFast - a member of Vingroup – envisioned to drive the movement of global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam.
Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.com.
About Vingroup
Established in 1993, Vingroup is one of the leading private conglomerates in the region, with a total capitalization of $35 billion USD from three publicly traded companies (as of November 4, 2021). Vingroup currently focuses on three main areas: Technology and Industry, Services and Social Enterprise. Find out more at: https://www.vingroup.net/en.
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https://www.whsv.com/prnewswire/2022/04/06/vinfast-offers-test-drives-its-vf-8-new-york-international-auto-show-2022/
| 2022-04-06T11:01:31Z
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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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| 2022-04-06T11:01:38Z
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A dry and mild day today; rain and storms move in after sundown
Some storms could turn strong to severe this evening
We are waking up to mainly cloudy skies this morning, but clouds will begin to push out of the area this afternoon as a low-pressure system moves away. Mild temperatures are expected with highs in the 70s for most. We will have breezy conditions as well ahead of a cold front that will move through overnight.
That front will bring rain and even some thunderstorms after sundown. Some storms could turn strong to severe with damaging wind gusts, locally heavy downpours, and we can’t even rule out a brief isolated tornado. Showers will continue at times after midnight as temperatures dip down into the 40s tonight.
Some leftover showers are possible at times on Thursday but most of the day should be dry. Temperatures will be cooler with highs in the 50s for most after that cold front passes by the area.
Much colder conditions are in store for the end of the week as highs top off in the 40s. Winds will pick up out of the northwest which will ride up the mountains and squeeze out some rain and even some snow showers. Since we have been so warm, accumulations should be light if you see any at all. The better chance for measurable snowfall is in the higher elevations in western Greenbrier and Pocahontas counties.
Temperatures look to warm back up fast heading into next week. Make sure to stay tuned and catch the latest on WVVA.
Copyright 2022 WVVA. All rights reserved.
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https://www.wvva.com/2022/04/06/dry-mild-day-today-rain-storms-move-after-sundown/
| 2022-04-06T11:37:20Z
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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.wvva.com/2022/04/06/ky-teacher-resigns-after-controversy-over-pro-lgbtq-message/
| 2022-04-06T11:37:26Z
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CAUGHT ON CAMERA: Ax-wielding man attacks drummer in California
CANYON CO., Calif. (KCAL/KCBS) - A shocking incident was caught on camera in California: A man says he was playing his drums along one of the trails in Canyon County when an ax-wielding man came out of nowhere.
In an instant, Andy Torres’ Saturday morning jam session turned violent.
The man struck the drumkit several times, frightening the 36-year-old musician.
“He just came up swinging already,” Torres said. “He didn’t announce himself or say get out of the way. Or, ‘Are you making the noise?’ No, he knew what he was going to do. I happened to just get out of the way.”
Torres says after the man nearly destroyed the drumkit, he threatened him again.
“It took everything in me not to want to launch at the guy, but I knew I couldn’t do that,” he said.
The attack was recorded on his GoPro camera.
It’s not shown in the video, but Torres says the man also pulled a gun on him.
As soon as he announced that he recorded the entire violent outburst on video, the man appears to change his attitude.
He turned and left, but not before Torres caught images of the man’s car and license plate.
Speaking at Todd Longshore Park near the scene of the attack, he says since the incident he’s been struggling emotionally.
“I get stuck thinking about that, and I have to pull myself out of it,” Torres said. “I know I will move ahead, because look I’m still here.”
Torres said he has been learning the drums for a while. He comes to the park at sunrise and sunset to play while wearing a mask as part of his persona.
Before the ax attack, no one had complained about the noise. He says this will not ruin his love for music, and he will find a way to fix the drums.
“It’s not destroyed. They’ll have to do better than that,” he said.
Torres says he’s filed a police report and turned over the video. He shared it in hopes someone turns the man in, since it’s a place a lot of parents bring their kids.
Copyright 2022 KCAL/KCBS via CNN Newsource. All rights reserved.
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https://www.wvva.com/2022/04/06/caught-camera-ax-wielding-man-attacks-drummer-california/
| 2022-04-06T13:08:35Z
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