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AVAYA HOLDINGS CORP. : Notice of cancellation or non-compliance with a rule or standard for maintaining registration; Transfer of Registration, Other Events, Financial Statements and Exhibits (Form 8-K)

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Item 3.01. Notice of delisting or non-compliance with a rule or standard for maintaining registration; Transfer of registration

As stated earlier, Avaya Holdings Corp. (the “Company”) failed to timely file its quarterly report on Form 10-Q for the quarter ended June 30, 2022 (the “Form 10-Q”), for the reasons described in the Company’s notification on Form 12b-25 filed with the Security and Exchange Commission (the “SEC”) on August 9, 2022. On August 16, 2022the Company has received a notice (the “NYSE Notice”) from the New York Stock Exchange (the “NYSE”) advising the Company that, because the Company did not file Form 10-Q in a timely manner, it is not in compliance with Section 802.01E of the NYSE Listed Companies Handbook, which requires that companies listed on the NYSE file in a timely manner all periodic reports with the SECOND.

The NYSE notice is a routine notification to NYSE-listed companies that file their periodic reports late and has no immediate effect on the listing of the company’s common stock on the NYSE. The NYSE notice informed the company that, under NYSE rules, the company had six months from the date of the NYSE notice, until February 15, 2023, to file Form 10-Q and regain compliance with NYSE listing standards. If the company does not file Form 10-Q within the six-month period, the NYSE may, at its sole discretion, grant an extension of up to an additional six months for the company to regain compliance, depending on the circumstances. specific. Under NYSE rules, the NYSE may also initiate delisting proceedings at any time if it believes circumstances warrant such proceedings.

The Company is working to resolve the issues that caused the delay in filing the Form 10-Q so that it can file the Form 10-Q as soon as possible, but in any event plans to return the Form 10-Q filing in front of February 15, 2023 period stipulated by the NYSE in the NYSE Notice.

Item 8.01. Other events

On August 16, 2022, the Company issued a press release announcing that it had received the notice from the NYSE. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Caution Regarding Forward-Looking Statements

This report contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking” statements for purposes of WE federal and state securities laws. These statements can be identified by the use of forward-looking terms such as “anticipate”, “believe”, “will”, “could”, “estimate”, “expect”, “intend”, ” may’, ‘might’, ‘our vision’, ‘plan’, ‘potential’, ‘preliminary’, ‘predict’, ‘should’, ‘shall’ or ‘would’ or the negative thereof or other variations thereof or comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. These statements do not include the potential impact of business combinations, asset acquisitions, divestitures, strategic investments or other strategic transactions occurring after the date hereof. Although the Company believes these expectations, assumptions, estimates and projections to be reasonable, these forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. Risks and uncertainties that could cause these forward-looking statements to be inaccurate include, among others: the finalization of the Company’s third quarter fiscal 2022 financial statements; the findings of the Audit Committee’s investigations; the effectiveness of the Company’s internal control over financial reporting and disclosure controls and procedures, and the possibility of a material weakness in the Company’s internal control over financial reporting or other potential weaknesses of which the Company is not currently aware or which have not been detected; the Company’s ability to continue as a going concern; the impact of litigation and regulatory proceedings; the impact and timing of any cost reduction measures; termination or modification of ongoing contracts that may adversely affect the achievement of our OneCloud ARR metric; the duration, severity and impact of the coronavirus pandemic (“COVID-19”); the impact of Russia/Ukraine conflict on the global economy and our business, including the impacts of related sanctions and export controls imposed by the
WE, UK and the EU on certain Russian industries and parties as a result of the conflict, as well as the responses of the governments of Russia or other jurisdictions; and other factors discussed in the company’s annual report on Form 10-K and subsequent quarterly reports on Form 10-Q filed with the SECOND. These risks and uncertainties may cause the Company’s actual results, performance, liquidity or achievements to differ materially from any future results, performance, liquidity or achievements expressed or implied by such forward-looking statements. For a more detailed listing and description of such risks and uncertainties, please see the Company’s filings with the SECOND which are available at www.sec.gov. The Company advises you that the list of important factors included in the SECOND the repositories may not contain all of the material factors that are important to you. Further, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this report may in fact not occur. The company

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does not undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.

Item 9.01. Financial statements and supporting documents

(d)  Exhibits

Exhibit                            Exhibit Name
99.1                                 Press Release of     Avaya Holdings Corp., dated August
                                       16    , 2022
104                                Cover Page Interactive Data File (formatted as inline XBRL)


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© Edgar Online, source Previews

Synopsys trades in the buy zone ahead of earnings | Investor’s Business Daily

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Synopsis (SNPS) rallied to the 5% buy zone ahead of the Aug. 17 results and is trading at an all-time high. This stock to watch IBD 50 has been rising since July and has extended its gains so far this month.




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This leading chip design software maker has been trending higher since second-quarter results on May 18. The shares passed a double buy point of 342.69 in late July and posted gains of 21% for the month.

SNPS stock is extended above its 50-day moving average, with shares up another 5% in August, and could be overdue for a break before continuing higher. Ideally, stocks will trade within 10% above this key moving average when investors start gaining exposure.

Synopsys broke above a suitable buy point of 377.70 on August 8 and is now crossing the 5% buy zone, adding another 0.6% to Monday’s market.

The relative strength line has risen alongside strong price action and is approaching a new high. The stock has also seen a recent string of bullish weeks on high volume, another bullish sign.

Synopsys is showing excellent mutual fund ownership, with top players loading, as well as an increase in quarterly fund ownership in recent quarters. For the quarter ending June 30, total fund ownership reached 2,564, compared to 2,180 in the same quarter last year.

Synopsys in the fast growing technology segment

Synopsys manufactures chip design software as well as tools to ensure the quality and security of software applications. There has been notable industry strength among companies in the Electronic Design Automation (EDA) sector. Synopsys’ EDA division provides customers with the tools to design their own chips.

Many software and technology companies that previously purchased chips from third parties have moved to designing them in-house. Allied Market Research now forecasts that the EDA market will grow from $11.5 billion in 2020 to $20.8 billion in 2027.

The company is well positioned to take advantage of the growing complexity of the semiconductor industry, as well as other key trends such as artificial intelligence, high performance computing and custom chip design.

Overview of Synopsys Earnings

Synopsys will release its third quarter results on August 17. Besides joining IBD 50 and Big Cap 20, SNPS stock is also among the long-term leaders, alongside its peers Cadence Design Systems (CNDS).

The Mountain View, Calif.-based company raised its outlook for the current quarter and full fiscal year on May 18. In the next report, the company is expected to post EPS of $1.99 per share on revenue of $1.21 billion. Analysts are also looking for annual EPS of $8.51, up 24%, according to MarketSmith. The company has posted average earnings growth of 40% over the past three quarters.

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The wheels keep turning | Review of business law in China

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HAfter reaching the middle of the year (at an almost uncanny pace), we usually look back and then forward at past accomplishments and future aspirations. Between recurring pandemic outbreaks, inflationary pressures and fluctuating energy prices causing major economies to pause and reflect, many found the first half of the year difficult. But the steps of progress cannot be stopped any more than the wheels of time cannot stop turning and, even in the stories covered by this issue of Review of business law in Chinawe find many reasons for optimism.

With capital tightening both at home and abroad amid new policies, Sino-US regulatory gridlocks and global geopolitical tensions, how should Chinese companies determine their listing destinations? Our cover, Markets of choiceexplores the bleak outlook facing Chinese companies listed in the US, but also the opportunities found in Stock Connect, a pilot private pension scheme, and the SME-focused Beijing Stock Exchange.

With China’s increasingly sophisticated capital market, especially in light of the full launch of registration system reform, companies are faced with more, but not necessarily simpler, options. In Long and winding roadstop law firms elaborate on many trending market issues, from rules on inter-counsel migration to benefits of the new ‘compliance and do not prosecute’ system.

Zooming in on China’s vast but still developing derivatives and futures market, the Futures and Derivatives Law, the first basic law in the country’s nearly 30-year history of futures trading, is expected to come into effect in August. The new law, consisting of 13 chapters and 155 articles, aims to align national practice with international standards, with requirements for cross-border trade bringing new compliance pressures.

Derivatives and futures trading can be technical and highly specialized, involving special legal protection mechanisms such as close-out netting, which previously risked being contradicted by bankruptcy law and its own brand of cross-border regulation and dispute resolution. In bright futurewe look at the new status of futures trading in China from this perspective.

For in-house lawyers, how to identify and collaborate well with outside lawyers who best fit business needs is a persistent headache. What is the best way to determine where the qualities of a law firm match the legal services needs of the company? Given their common legal backgrounds but with different motivations, how do in-house and external lawyers communicate and collaborate? In Match the piecesNancy Wei, Legal Director at Tupperware (China), and formerly at Mayer Brown and Stephenson Harwood, shares valuable insights from her experience on both sides.

Google is asking users to help it redesign the Home app experience

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San Francisco: Tech giant Google is inviting owners of Nest products to join the testing phase for a redesign of its Home app, an online listing has revealed, suggesting users could soon see a revamped experience on the service.

As one Reddit user noted, the company is “recruiting a group of highly committed testers who are ready to help Google Nest test an unreleased product,” Android Central reports.

The announcement was posted on the Centercode product testing platform. The company didn’t specify the product in question, but said testing would focus on a “next-generation design” of the Google Home app.

The program is open to anyone with one of the best Google Home-enabled devices, including “thermostats, Wifi, speakers, displays, cameras, doorbells, locks, Nest Protect (smoke detectors), and Chromecasts.”

The report mentions that users willing to sign a non-disclosure agreement can participate in the testing phase. However, it’s unclear what the new design will look like, but it looks like it will significantly improve the app experience.

The tests come six months after Google introduced changes to the Home app, including a new device control interface that replaced device icons with interactive toggles.

49ers stock up, stock drops after preseason win over Packers

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The 49ers preseason opener was mostly a success. They came out of Levi’s Stadium with a 28-21 win over the Packers, so far they’ve avoided serious injury, and there haven’t been too many terrible performances.

We’ve put together a list of players who saw their stock go up on Friday night. We also took note of a few who saw their stock drop a bit after the first 60 minutes of football of the year.

Buy 49ers Tickets

Quarterback Trey Lance didn’t make the roster after looking like we thought he’d come in.

Here is the 49ers stock report:

(Photo by Thearon W. Henderson/Getty Images)

It’s hard for a rookie cornerback to make a better debut than Womack. He played most of Friday’s game and came away with two interceptions – both on tough plays. Womack entered the night into the mix to be the starting corner, and it’s hard to find anything in his performance against Green Bay that would indicate he’s not firmly in the mix yet.

Kyle Terada – USA TODAY Sports

This is not a referendum on Moore as a player. He’s certainly talented, but Friday night was a huge blow to his chances of starting with solid safety. He got cooked by Packers rookie wide receiver Romeo Doubs for Green Bay’s first touchdown, and in general looked like a player still recovering his legs after returning from a torn Achilles. Moore should be fine on the road, but it’s hard to imagine him starting Week 1 given how he looked on Friday.

(Photo by Thearon W. Henderson/Getty Images)

Gray’s speed was on display on his 76-yard touchdown reception on a deep shot from Trey Lance. His stock is on the rise but for more reasons than his speed. He made a nice hitch on the sidelines after a high throw from Lance. Gray couldn’t put his feet up for the reception but he got on and made the catch anyway and overall it looked like he’d be able to impact the games in more ways than ‘with straight-line speed.

Kyle Terada – USA TODAY Sports

It was not a good night for the 49ers on special teams. They allowed a long kick return and return man JaMycal Hasty had a disastrous play where he caught a kickoff before it went out of bounds and then came out on the 5-yard line of the 49ers. It cost San Francisco 35 yards. It was supposed to be an upgraded special teams unit, but early returns from Friday aren’t promising.

(AP Photo/Godofredo A. Vasquez)

The undrafted rookie linebacker came in early and played a ton. He was often around the ball and managed an interception on an overturned ball in the red zone. Then he showed his athleticism and ran for 57 yards on the return to give the 49ers offense great field position at 39 from Green Bay. There may not be a spot on the open roster for him, but it’s easy to see McCrary-Ball staying on team practice and possibly in the mix next season.

Stan Szeto – USA TODAY Sports

Turner was getting buzz in training camp for some acrobatic holds. He caught just one fly ball for eight yards on two targets in Friday’s game. A player will have to really shine to stay as the sixth receiver, and he’ll probably have to show that he can make an impact in games on offense. Turner still has a way to the roster, although the first preseason contest didn’t help.

(AP Photo/Jed Jacobsohn)

McCloud had a good night. He led the team with four receptions, which he turned into 63 yards and a touchdown that lasted 39 yards. His route on the TD was nasty, and later in the game he threw a nice block on a short pitch to RB JaMycal Hasty. It looks like McCloud is on track to do more than just return kicks for San Francisco, although regardless of the size of his role, he has to learn to hang on to football.

Exterior Q&A: Is the monarch butterfly now listed as endangered? | Outside

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Monarchs

Q: Is the monarch butterfly now listed as endangered?

Click to view larger

Monarch butterflies are not currently listed as endangered by the federal or California governments. (Hillary Sardiñas/DFW Pollinator Coordinator)

A: In July 2022, the International Union for Conservation of Nature (IUCN) has reclassified the migratory monarch butterfly as endangered on its “red list”. It was previously listed as declining.

IUCN’s action will help draw attention to the causes of monarch decline, including habitat loss, climate change and exposure to pesticides. The decline was more pronounced in the western population wintering in California than in the eastern population wintering in Mexico.

However, the IUCN classification does not translate into legal or regulatory protections for the species. The US Fish and Wildlife Service concluded that the listing of monarchs under the Federal CA on Endangered SpeciesThis would be justified, but is excluded due to other high priority species.

Currently, the monarch is expected to be federally listed in 2024. Monarchs are not listed as threatened or endangered under the California Endangered Species Act (CESA). The CESA registration process can be found at fgc.ca.gov/cesa.

In early 2022, new data showed that wintering numbers for western monarch butterflies increased to nearly 250,000. While these numbers are encouraging, this year-over-year trend does not represent a full recovery given that historically monarchs numbered in the millions along the California coast.

Nonetheless, the California Department of Fish and Wildlife (CDFW) remains cautiously optimistic and inspired to build on the success of the past year. We are focused on improving the management of CDFW-owned overwintering sites, increasing the availability of native early-season milkweed to support first-generation monarchs, and improving collaboration with state and federal partners to catalyze monarch conservation throughout California.

For more information, visit CDFW’s Monarch Butterfly Web pagewhich includes a section on frequently asked questions.

salmon fishing

Q: When fishing for salmon, is it legal to use a jig over three ounces with treble hooks or does it have to be a single hook?

A: In the scenario you described, the angler should be using a single hook and not a treble hook. It is illegal to use a multiple hook or more than one single hook on non-buoyant artificial lures exceeding one ounce.

This information is covered on pages 17-18 of the California Freshwater Sport Fishing Regulations. The regulations are designed to prevent salmon snagging.

Halibut

Q: Is it legal to gaff a California halibut as long as it exceeds the minimum size limit of 22 inches? I’m curious about this for boating and shore fishing.

A: Yes, you can fish for legal size halibut. Gaffs may be used to land most species that are at or above the minimum size limit, per California Code of Regulations (CCR), Title 14, Section 28.65(d).

Gaffs are not permitted for catching species that have a defined and authorized method of catching or have a snagging ban. Examples include, but are not limited to, sturgeon and striped bass.

Section 28.65(d) also specifies that a dip net with an opening diameter of 18 inches or greater must be on board when fishing from a boat or floating gear in ocean waters.

For more information see the CDFW fact sheet on handling short halibut (PDF).

Bear sightings

Q: I live in the North Bay area and heard of a bear sighting in a residential area. What should I do if I see a bear?

A: If you see a bear in an urban area, we suggest you notify local law enforcement or your CDFW Regional Office. Your local police or sheriff’s department will be in the best position to respond quickly and secure the area in the event of a public safety issue. Local law enforcement may also contact CDFW and animal control authorities for assistance.

That said, the appropriate response to the sighting of a bear depends on the situation.

Note that when bears enter urban areas, they are usually in search of food. The best way to keep a bear away from your property is to remove all attractants like unsafe trash and pet food. For more advice, visit the CDFW Human-Wildlife Conflict Program Web page.

Seeing a bear on the outskirts of town in a less populated area may warrant a call to the non-emergency number of your local police or sheriff’s department. You might consider programming your local law enforcement non-emergency phone number into your phone.

If there is a possible threat to public safety, call 911. For example, seeing a bear crossing a densely populated area would warrant a call to 911.

If an animal has damaged your property or you want to report a bear encounter, you can submit a wildlife incident report online at CDFW through the statewide Wildlife Incident Reporting System.

LMP AUTOMOTIVE HOLDINGS, INC. : Notice of expungement or non-compliance with a continuing registration rule or standard; Transfer of Registration, Financial Statements and Exhibits (Form 8-K)

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Section 3.01 Notice of Cancellation or Non-Compliance with a Rule or Standard for Maintaining Listing; Registration transfer.

As indicated previously, the May 19, 2022, LMP Automotive Holdings, Inc. (the “Company”) has received notice (the “Notice”) from Nasdaq Listing Qualifications personnel of The Nasdaq Stock Market LLC (“Nasdaq”) that, as a result of its failure to timely file its annual report on Form 10-K for the fiscal year ended December 31, 2021 and quarterly report on Form 10-Q for the period ended March 31, 2022 the Company remains in non-compliance with Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of all required periodic financial reports with the Security and Exchange Commission. The Company announced today that in connection with the previously announced sale of substantially all of its assets, it has notified Nasdaq of its intention to voluntarily withdraw its common stock from the Nasdaq Capital Market. The Company plans to file a Form 25 with the Security and Exchange Commission to effect the voluntary delisting of the Common Stock pursuant to Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) on or about
August 15, 2022and that the cancellation will be effective on or about August 25, 2022 – ten days after the filing of the Form 25. Following the delisting, the Company expects its common stock to trade at the OTC Pink Market level. Following the delisting, in order to reduce expenses, the Company intends in the future to delist its common stock and suspend its reporting obligations under the Exchange Act.

On August 15, 2022 the company issued a press release regarding its voluntary delisting, a copy of which is attached to this current report.

Item 9.01 Financial statements and supporting documents.

In accordance with the rules and regulations of the SECONDthe company filed the press release as Exhibit 99.1 to this Current Report on Form 8-K.


Exhibit No.   Description of Exhibit

99.1            Press Release dated August 12, 2022
104           Cover Page Interactive Data File (embedded within the Inline XBRL document)




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© Edgar Online, source Previews

How to Spot Fake Amazon Reviews

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If you’ve bought enough stuff from Amazon, you may have been duped once or twice. That’s because fake Amazon reviews are big business.

It is also a big headache for consumers. Every time we buy a dud of a fake five-star product, we become more and more wary of buying products from Amazon in the future, even those that truly deserve high ratings. The company makes it easy to return items, but if something goes 31 days after you buy it, you’re often left to deal directly with an untrustworthy seller.

While there are several ways to outsmart unscrupulous sellers – searching for product reviews outside of Amazon, examining seller history, reading every word of every review from newest to oldest with a magnifying glass – it becomes terribly tedious.

With that in mind, here are two simple checks I use every time I buy something on Amazon. Neither take very long and both seem to paint a reasonably clear picture of any product I might consider.

It’s a numbers game

If a product does not have many reviews and if the reviews it Is seemed overwhelmingly positive, maybe something weird is brewing. Consider the list below.

Not to pick on this particular unidentified product – to be fair, it might be unbelievable – but it has three written reviews that use the word “love” a combined total of five times.

One review calls it “better than described” and another enthusiastically regurgitates all the marketing messaging selling points.

Life in the two- to four-star range tends to be pretty decent.

Oh, and the titles of the three reviews: There’s “Love it” and of course “Great product” and then we tear down with “Fun for the whole family!” Very funny!”

And finally, note that two of the reviews have the “Verified Purchase” tag next to them. This means that Amazon can attest that the person who reviewed this thing actually purchased it from Amazon. Two of the reviews have this tag, but the one that doesn’t have a user-submitted photo of the device.

A cynic might wonder if the company purchased two of its own devices in order to submit “Verified Purchase” reviews, and then submitted another review with a homemade photo of the device to make it look like a legitimate review.

So, red flags abound here. Again: not that this product is not Absolutely the greatest of its kind – and legitimate reviews – but it’s a risky proposition.

Also, be sure to check the exam dates. The oldest here is from October 2021, meaning this product has been out for almost a year but only has three reviews.

Honesty lives in the middle of the road

For products that have substantially more than three reviews, I like to discard all five-star reviews because these can be purchased, submitted by the company, or simply posted by overzealous wackadoos. And I like to toss all one-star reviews because these can be submitted by competitors, malcontents, or overzealous wackadoos.

But life in the two- to four-star range tends to be pretty honest.

To filter reviews this way, scroll down to the reviews section of a particular product and you’ll notice a simple “See all reviews >” link under the lowest review. This is where the magic happens.

Click on it and you will be taken to a product review page. Here there is a sorting and filtering function that you can use to see only two, three and four star reviews.

So this specimen here has about 100 reviews. Five-star reviews contain many superlatives, exclamation points, the word “love”, and family stories.

The one-star reviews seem a bit more genuine, but generally angry, so let’s be fair and toss them since we’re also throwing the five-star reviews.

Checking only the two-, three-, and four-star reviews, a pretty clear picture emerges of the first handful. This is a console for playing retro video games and just about every reviewer in the two to four star range complains that the game controllers feel cheaply made and/or don’t work with some games.

So there you have it: a decent retro console with unexceptional controllers. Probably not worth its $100 asking price.

NFL Insider shares Roquan Smith’s landing spot list

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(Photo by Jonathan Daniel/Getty Images)

Chicago Bears outside linebacker Roquan Smith can improve any team he joins.

But for their trade request to come true, the team must find the best partner for their skills.

Teams should line up to acquire a player of his caliber, especially after being second-team All-Pro for the past two seasons.

He chained his 98 solo tackles in 2021 with 95 in 2021.

The former Georgia player also has 14 sacks, 17 passes defended and five picks in his career so far.

Teams that trade for Smith should be able to absorb the $9.7 million Chicago owes him under his fifth-year option.

In this case, CBS Sports has shared the best destinations for Smith.

Writer Tyler Sullivan included the Dallas Cowboys as a possible landing spot to replace Leighton Vander Esch.

Upgrade aside, team owner Jerry Jones isn’t afraid to make huge financial commitments like Smith’s salary.

He could also play for the Miami Dolphins as his skills complement those of Jevon Holland, Christian Wilkins and Xavien Howard.

The New England Patriots could also have a hand in finding a better option at center linebacker than Cameron McGrone and Ja’Whaun Bentley.

Broncos and Ravens Best Landing Spots

The Denver Broncos could improve their center linebacker position which looks like a donut hole in the current rotation.

Smith is by far a better option than Jonas Griffith and Josey Jewell, which makes the trade wise.

He would also have a great time playing with Randy Gregory and Bradley Chubb.

Finally, Sullivan sees the Baltimore Ravens as the best destination due to their shallow depth at Smith’s position.

Bell Food: 2022 half-year analyst presentation (3 MB)

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Bell Food Group

Disclaimer

This document does not constitute an offer to sell or a solicitation to buy securities. It does not constitute an offer, a public offer or a prospectus within the meaning of art. 3 and 35 et seq. of the Federal Financial Services Act (FinSA) or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Copies of this document may not be sent to or from other jurisdictions or distributed elsewhere where restricted or prohibited by law.

Should it turn out that this document constitutes an offer, a public offer, a prospectus, a basic information sheet or a similar notice within the meaning of the FinSA, it is specified that Bell Food Group SA has analysed, compiled and presented available information to him with due care. This document

also contains some future-orientedstatements. These forward-looking statements, plans, objectives, estimates and strategies are subject to known and unknown risks, uncertainties and other factors, which may mean that the actual results, financial situation, development or other (possibly material) aspects of relevant to investors may differ from what has been explicitly or implicitly assumed and/or stated in such statements, plans, objectives, estimates and strategies. Because of these uncertainties, investors and others cannot rely on these forward-looking statements, plans, objectives, estimates and strategies.

Bell Food Group Ltd disclaims any responsibility or obligation to investors and the general public to update these forward-looking statements, plans, objectives, estimates and strategies or to modify them in light of future events and developments.

Leveraging IT tools to improve product design | MIT News

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As an undergraduate student at MIT, Jana Saadi had to find a way to meet the demands of her humanities course. Little did she know that her decision would strongly shape her college career.

On a whim, Saadi had joined a friend in a course offered by MIT D-Lab, a project-based program aimed at helping impoverished communities around the world. The class was meant to be one-off, but Saadi fell in love with D-Lab’s mission and design philosophy, and remained involved throughout the rest of her undergraduate studies.

At D-Lab, “you do not create products for people; you create products with people,” she said. Saadi’s experience with D-Lab sparked an interest in the process behind product design. Now she’s pursuing a doctorate in mechanical engineering at MIT, researching how artificial intelligence can help mechanical engineers design products.

Saadi’s path to engineering began at an early age. She grew up in New Jersey with engineer parents. “My dad loves DIY projects and I’ve always found myself helping him around the house,” she says. Saadi enjoyed exercising his creative problem-solving skills, even on small tasks such as fixing an ill-fitting pot lid.

With her education, it was no surprise when Saadi ended up pursuing undergraduate and master’s degrees at MIT in mechanical engineering, with a concentration in product design. But she wasn’t always sure about pursuing a doctorate. “Curiously, what convinced me to pursue my doctoral studies was writing my master’s thesis and seeing it all come together,” she says.

Today, Saadi works to improve the product design process by evaluating computer design tools, exploring new applications and developing educational programs. For some of her research, she even found herself collaborating with D-Lab again. Saadi is currently advised by Maria Yang, professor of mechanical engineering at MIT and academic director of the MIT D-Lab faculty.

Understand the role of artificial intelligence in product design

When designing products, mechanical engineers juggle multiple objectives at once. They must make the products easy to use and aesthetic for the users. But they also need to take into account the results of their business and produce products that are cheap and easy to manufacture.

To help streamline the design process, engineers sometimes turn to artificial intelligence tools that help generate new designs. These tools, also known as generative design tools, are commonly used in the automotive, aerospace, and architectural industries. But the impact these tools have on the product design process is unclear, Saadi says, making it difficult for engineers to know how best to leverage them.

To provide clarity, Saadi assesses how engineers use generative design tools in the design process. So far, she has discovered that these tools can fundamentally change design approaches through a “hybrid intelligence” design process. With these tools, engineers first create a list of engineering constraints for a product without worrying about its appearance. For example, they may indicate where the screws are needed, but not specify how the screws are held in place. Then they feed the constraints into a generative design tool, which generates a product design accordingly. Engineers can then shift gears and evaluate the product for other goals, such as whether it is easy to use or easy to manufacture. If they are not satisfied with the product, they can modify the constraints or add new ones and run them again in the tool.

Through this process, engineers can focus on “understanding the design problem and uncovering the factors that drive the design,” says Saadi. With generative design tools, engineers can also iterate on designs faster, boosting the creative process as engineers test new ideas with less effort.

Generative design tools can also “change the design process” by enabling more complex designs, Saadi says. For example, instead of using structures with simple shapes, such as rectangular bars or triangular supports, designs can have an “organic” look that resembles the irregular patterns of coral or the twisting roots of trees.

Prior to this project, Saadi had little experience with IT tools in the product design process. But it “gave me an edge,” she says, to approach the process with fresh eyes and ask questions about design practices that might normally be taken for granted. Now Saadi analyzes how engineers and tools influence each other in the design process. She hopes to use her research to provide guidance on how generative design tools can support more creative designs.

Designing homes with Ugandan communities

Saadi expands the scope of computer design by looking at a new application: cookstoves for low-income areas, like Uganda. For this project, she is working with Yang, Dan Sweeney of MIT D-Lab and Sili Deng, professor of mechanical engineering at MIT.

Affordable cookstoves in low-income areas often release harmful emissions, which not only contribute to climate change, but also pose health risks. To reduce these impacts, Saadi and his collaborators are developing a stove that uses clean energy but remains affordable.

In the spirit of D-Lab, Saadi works with Ugandans to adapt the home to their needs. Originally, she had planned to travel to Uganda and interview people there. But then the Covid-19 pandemic happened.

“We had to do everything virtually, which had its own challenges” for Uganda, she says. Many Ugandans do not have access to the internet, eliminating the possibility of online surveys or virtual interviews. Saadi ended up working closely with a community partner in Uganda called Appropriate Energy Saving Technologies (AEST) to gather people’s opinions. AEST assembled a team on site to conduct in-person interviews with paper-based surveys. And Saadi consulted with AEST founders Acuku Helen Ekolu and Betty Ikalany to ensure the survey was culturally appropriate and understandable.

Fortunately, what started out as a rudimentary practical solution ended up being a godsend. Saadi’s polls were multiple-choice, but people often explained their reasoning to pollsters, providing valuable information that would have been lost in an online poll. In total, the team conducted around 100 surveys. “I liked this mixed survey-interview format,” she says. “There is a lot of wealth that came out [the survey responses].”

Now Saadi is translating the answers into digital design requirements for engineers, including herself. For example, “users will say ‘I want to be able to carry my cooker from outside to inside,'” which means they care about the weight, she says. Saadi must then determine an ideal weight for the cooker and include that number in the technical requirements.

Once they have all the requirements, the team can start designing the fireplace. The fireplace will be based on the Makaa fireplace, a portable and energy-efficient fireplace developed by AEST. In the new cooker design, the MIT team aims to improve its performance to cook food faster – a common request from users – while remaining affordable, Saadi says. To design the new fireplace, the MIT team plans to use a generative design tool, making the project one of the first uses of computer design for fireplaces.

Reform the design program to be more inclusive

Saadi also works to improve the product design process through curriculum development. Recently, she joined MIT’s Design Justice Project, which aims to ensure that students learn to design in ways that are inclusive for their users. “Education is about training the designers of the future, so you want to make sure you’re teaching them how to design fairly,” says Saadi. The project is made up of a team of undergraduate and graduate students, post-docs and professors in engineering and non-engineering fields.

Saadi helps the team develop surveys of instructors to determine if and how they have changed their design curriculum over time to include Diversity, Equity and Inclusion (DEI) principles. Based on the survey results, the team will offer concrete suggestions for instructors to further integrate DEI principles into their curriculum. For example, one recommendation might be that instructors provide students with a checklist of inclusive design considerations, Saadi says.

To help generate more ideas and expand this conversation to a wider community, Saadi is helping the team organize a two-day summit for people working in design education, including instructors from MIT and other institutions. At the summit, attendees will discuss the future of design education and consider ways to translate DEI principles from the classroom into industry standard practices. The summit, called Design Justice Pedagogy Summit, will take place later this month from August 24-26.

“As you can see, I enjoy this part of my PhD where I have time to diversify my research,” says Saadi. But basically, “my approach to research is [understanding] the people and the process. There are many interesting questions to ask.

Roblox (RBLX) Q2 2022 Results

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The New York Stock Exchange welcomes Roblox (NYSE: RBLX) executives and guests, today, Wednesday, March 10, 2021, to celebrate its direct listing.

NYSE

Roblox released results on Tuesday that lacked analysts’ estimates of the top and bottom results.

Here’s how the company did it:

  • Loss per share: 30 cents vs. 21 cents expected, according to a survey of analysts polled by Refinitiv.
  • Revenue: $639.9 million vs $644.4 million expected, according to Refinitiv.

The shares fell more than 12% in after-hours trading.

Revenue is what Roblox calls bookings, which includes sales booked during the quarter and deferred revenue. Bookings were down 4% year over year. The company generates revenue through sales of its virtual currency called Robux, which players use to dress up their avatars and purchase other premium features in games.

Roblox reported 52.2 million average daily active users, about one million less than the StreetAccount consensus. This figure is up from 21% the previous year, but down from the 54.1 million daily active users reported in the first quarter. Users spent over 11 billion committed hours in Roblox during the second quarter.

Roblox said average bookings per daily active user were $12.25, down 21% year over year.

The company also offered a preview of the third quarter. He said daily active users in July hit an all-time high of 58.5 million, up 26% year-over-year. And bookings for the month fell between $243 million and $247 million, up 8% to 10% from July 2021.

The company has seen bookings increase by more than 200% during the pandemic, when children spent more time on their screens while stuck at home. The title was hot in 2021, following Roblox’s direct listing in March. Its market capitalization approached $80 billion before peaking in November 2021. The shares are down more than 60% from their highs.

Chief Commercial Officer Craig Donato told CNBC’s Steve Kovach that Roblox is optimistic about the future due to its investments in its employees, server capacity and global data centers.

“We’re really in investment mode,” Donato said, “and that’s going to dampen profits a bit, but these are investments that are the right investments for us and will pay off within three to three-five years. .”

Executives will discuss the results with analysts on a conference call beginning at 8:30 a.m. ET Wednesday.

IGEA Pharma NV: IGEA will obtain a new approval from SIX for the publication of the 2021 annual report

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IGEA Pharma NV / Key word(s): Annual results/Annual results

09-Aug-2022 / 00:30 CET/CEST
Publication of an ad hoc announcement pursuant to Art. 53LR
The issuer is solely responsible for the content of this announcement.


IGEA to obtain further approval from SIX for the publication of the 2021 annual report

Hoofddorp, The Netherlands, August 09, 2022. IGEA Pharma NV (SIX: IGPH) announced today that it has been granted a temporary exemption from its publication obligations regarding the 2021 annual report.

At the request of the Statutory Auditors, even if the 2021 annual report is completed, additional time for the review and drafting of the Statutory Auditor’s report is necessary.

As approved by SIX, this press release reproduces the relevant part of the decision:

I. The request for exemption from IGEA (Issuer) dated July 25, 2022 requesting a
extension of the deadline for publishing its 2021 annual report and filing this report with
SIX Exchange Regulation AG until August 31, 2022 at the latest is granted from
Issuers Committee of the Regulatory Board with the following reservation (lit. a and b) and under the following conditions (lit. c):

  1. Since the deadline for publication of the 2021 annual report and filing of this report with
    SIX Exchange Regulation AG has been extended several times, it should be noted
    that the extension is granted for the last time until August 31, 2022.
  1. The suspension of trading in the registered shares of the Issuer remains in force
    until the publication of the 2021 annual report in accordance with the provisions relating to event advertising (Art. 53 of the Listing Rules [LR] in connection with the directive on event advertising [DAH]) and filed with SIX Exchange Regulation AG.

  2. The IGEA is required to publish a notice in accordance with the provisions on publicity

occasional publicity (art. 53 LR in relation to the DAH) concerning this decision

until Tuesday, August 09, 2022, 07:30 CET, at the latest. The notice must

contain:

– the reproduction without modification of the wording of para. I. of this decision,

placed in a prominent position;

– the reasons for the Issuer’s request for a third party

Extension of the deadline for publication of its 2021 annual report and filing

said declaration to SIX Exchange Regulation AG”

***

About the IGEA

IGEA Pharma NV focuses, through its joint venture, on industrial supercritical CO2 extraction of CBD and other valuable components from their plant matrices for health prevention, pharmacy, food and pharmaceuticals. beverages and other selected industries, with an innovative and highly diversifiable business pipeline. The company aims to become a center of excellence in highly controlled plant matrices and their industrial extraction technology. On the other hand, Igea operates in health technology preventive products and devices, marketing an Alzheimer’s disease prevention kit (which

includes ‘Alz1’, a home laboratory test kit to measure unbound copper in the blood and a natural dietary supplement brand ‘Alz1 Tab’ designed to reduce the level of heavy metals in the blood) and plans to integrate

the pipeline based on the detection of unbound copper with prevention of type II diabetes in the near future. IGEA also markets a rapid COVID19 test for the detection of IgM and IgG antibodies related to SARSCoV-2.

IGEA is listed on the SIX Swiss Exchange (ticker IGPH) and is headquartered in Hoofddorp, the Netherlands. Learn more about www.igeapharma.nl

contacts

Vincenzo Moccia, CEO, +393405830933

m[email protected]

Disclaimer

This document does not constitute an offer to purchase or subscribe for securities and either this document

nor should any part of it form the basis of any investment decision in IGEA. The information contained

in this press release has been carefully prepared. However, IGEA neither assumes nor assumes any responsibility for

regardless of the nature of the accuracy and completeness of the information provided here. The IGEA does not

assume an obligation of any kind to update or correct the information contained in this press release

whether as a result of new information, future events or for other reasons. This publication may contain

Specific forward-looking statements and assessments or intentions regarding IGEA and its business.

These forward-looking statements are subject to known and unknown risks, uncertainties and other factors.

which may result in a substantial difference between the actual results, the financial situation, the evolution,

or the performance of IGEA and those explicitly or implicitly assumed in these statements. Against the

In the context of these uncertainties, readers should not rely on forward-looking statements. IGEA assumes

no responsibility to update forward-looking statements or to adapt them to future events or developments,

except as required by law.


End of privileged information


Amazon drop-selling resellers are costing a family-run candy maker millions

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Mitchell Owens recently discovered that mysterious entities were selling bulk orders of Dum Dums lollipops on Amazon for a few dollars less than his company’s asking price. Owens, who runs e-commerce operations for Spangler Candy Co., worried the candies were potentially dangerous counterfeits.

So he placed an order with one of the Amazon merchants. A few days later, a package of 500 lollipops arrived at her doorstep. They weren’t counterfeit and – strangely enough – shipped directly from Sam’s Club at Walmart Inc.

Owens had stumbled upon a price arbitrage scheme in the imperfectly-monitored online marketplace of Amazon.com Inc.

The hustle works like this: Sellers, often guided by how-to tutorials on YouTube, TikTok and Instagram, scour the internet for products at lower prices than Amazon. Then they post the items on the website, wait for someone to place an order, buy the product from another retailer, have it shipped directly to the customer, and pocket the difference.

Amazon’s rogue merchants sell a wide range of items, including breath mints, cereal, baking powder and feminine hygiene products.

They never touch the merchandise, a practice known as drop shipping. The scheme is a violation of Amazon policy, which prohibits merchants from shipping products from other retailers, but the perpetrators are betting they will escape detection amid the clutter of Amazon’s vast online store. the company.

With Dum Dums, sellers are taking advantage of a gaping price gap between Sam’s Club, which rewards its members by selling a deeply discounted 500-pack for around $15, and Amazon, where Spangler sells its exclusive 400-pack for about $26. Sellers can charge $25 on Amazon to entice price-conscious shoppers and pocket around $6 after Amazon’s fees are subtracted.

Amazon shoppers might find it odd to receive a box from Sam’s Club, but they receive an extra 100 lollies and are therefore less likely to report the issue.

In the beginning, lollipop dropshippers were rare. Spangler complained to Amazon, which usually suspended the seller a week later.

But over the past six months, the number of merchants selling Dum Dums on Amazon has proliferated so rapidly that Spangler can’t keep up with them. Owens thinks a contest of forces — the work-from-home trend, rising prices, online tutorials — has prompted more people to seek out side hustles.

Bloomberg identified about 20 merchants selling 400 packs of Dum Dums on the site in July, but that number is constantly changing as sellers jump in or new ones start up.

“It’s become a tsunami that we can’t control,” Owens said. “There’s a whole cottage industry that encourages people to start their own businesses selling on Amazon and shipping directly from other retailers.”

Complaining to Amazon no longer works because when Spangler suspended a seller, others appeared to replace them. It’s too expensive to have lawyers deal with it, and the consultants who help businesses navigate the online market haven’t been of any help.

Spangler, a 115-year-old family business that also makes candy canes and Sweethearts at its factory in Bryan, Ohio, says the Dum Dums racket has cost it millions of dollars in lost business and legal fees – real money for a company of its size.

“Amazon is too big to listen to anyone,” Owens said. “If you get your hands on someone, they’ll say, ‘I don’t know what to tell you. Even if it violates our policy, there is nothing we can do.

In an emailed statement, Amazon spokesman Nathan Strauss said the company has long prohibited sellers from shipping products from other retailers to customers.

“We monitor a variety of data and signals to detect, investigate and enforce violations of this policy,” Strauss said. He declined to provide further details on how Amazon enforces the policy or how many merchants have been suspended for violating it.

Sam’s Club, which allows drop shippers to ship products for free to 10 addresses, declined to comment.

American shoppers will spend nearly $400 billion on Amazon this year, which is more than $1 for every $3 spent online, according to Insider Intelligence Inc. This market dominance makes the online marketplace a convenient place for brands to shop. reach buyers.

The reach also makes Amazon.com a great hangout for unscrupulous people looking to make a quick buck. Amazon constantly battles counterfeits, fake reviews, and even employees who take kickbacks from merchants who buy preferential treatment.

But the company’s efforts are largely reactive, and the problems persist because anyone can start a business selling virtually anything on Amazon with little more than an email address. The Dum Dums racket doesn’t seem to hurt Amazon because it still makes a commission on every sale even if the product is from Sam’s Club.

The direct delivery method practiced by Dum Dums sellers is a variation of a long-standing version of retail arbitrage.

For many years, enterprising Americans have been buying clearance merchandise from physical chains and reselling it at a premium on Amazon and EBay Inc. These people have to visit multiple stores and prepay inventory and shipping costs. .

In contrast, dropshipping can be done at home without spending money until orders are placed. Proponents advocate the use of store credit cards with cashback bonuses to sweeten the rewards. As one TikToker pushing the drop-shipping method put it: “It costs you nothing to list a thousand items on Amazon.”

It is difficult to assess the extent of the phenomenon, but it seems to be gaining momentum. Google’s monthly searches for “Amazon dropshipping” hit 22,200 in June, up 50% from a year earlier, according to BuzzSumo, a social media analytics tool.

And explainer videos are proliferating online.

In a YouTube post last year, someone calling himself “ecomTom” shows how easy it is to find cheaper ceiling fans on the Lowe’s Cos Inc. website, create an Amazon account for sell them, ship the fans from the home improvement chain to the customer and pocket the difference. EcomTom, whose video has generated nearly 200,000 views, says those who follow its system can earn between $5,000 and $10,000 a month.

His videos and other free online videos often serve as advertisements for other paid services, including lessons and advice.

An exterior view of Spangler Candy Company in Bryan, Ohio.

(Madalyn Ruggiero/Associated Press)

Spangler’s e-commerce chief Owens suspected that many people selling Dum Dums on Amazon got the idea from an entity called Dragons E-commerce, which released a YouTube video in April showing how to find deals on Sam’s Club for things like Starbucks coffee, Bounty paper towels and Tide Pods laundry detergent, then resell the products on Amazon for a profit.

Ali Haider, who makes Dragons E-commerce videos in Pakistan, told Bloomberg he has clients in the United States, Mexico and Canada who he teaches his dropshipping methods for around $250 per class.

“You can do it from anywhere in the world,” he said. “Following this model is not a problem.”

Haider, whose video has been viewed nearly 4,000 times, knows he is breaking Amazon policies but said the company only takes action if customers complain. He said he had only had one account suspended, after a customer complained about receiving a product late.

Haider said he never sold Dum Dums or encouraged any of his customers to sell the lollipops. “When we sell branded products, in all my time, I have never received messages from brands.”

Most merchants that deliver Dum Dums have obscure names like MZPRS Services or MK Investments, which can make it difficult to find owners.

Matt Priest of Sandy, Utah, sold the lollipops on Amazon under the trade name MattP Store. Reached by phone on July 6, Priest said he was unaware he was selling Dum Dums online. He said he invested $15,000 six months ago in a group that helps would-be entrepreneurs build businesses online. He declined to identify who he invested the money with and said he has recovered $45 so far.

“They said they had other clients who had been doing this for longer and were making thousands of dollars a month,” Priest said. As of July 20, her store no longer sold Dum Dums but carried seven other products, including a bulk box of Chex Mix snack mix and a 15-pound bag of Arm & Hammer baking soda. The priest said he was on vacation and did not return subsequent calls.

Joseph Mesi of Sewell, NJ, sold Dum Dums on Amazon under the trade name JRM Apex Sales. Reached by phone on July 6 and asked about Dum Dums, he replied, “It’s one of the things I sell there, yes. Sam’s club? Yeah, that’s one of the places I drop-ship from.

Mesi said he was busy and ended the call. Joined on July 18, he said: “I really don’t want anyone to know about my business or what I do. I am a private person. Mesi’s store hadn’t sold Dum Dums since July 20. It was selling 43 other products, including 20 Mule Team Borax, kitty litter, Life-Savers breath mints, 20-pound bags of rice and jumbo packs of Always brand maxi towels.

Spangler’s Owens said he had been able to reach merchants in the past, but found it a waste of time.

“I will explain who I am, say you are violating this policy and ask them to please stop,” he said. “Twenty-five percent of them say, ‘Oh, we’re sorry. Please don’t write a bad review. We are going out of the list. The other 75% say “fuck you,” and we have to wait a week for Amazon to go through their process to get the seller removed. That’s why it’s so damning. You go down to four or five vendors and the next day there are 20 more.

To help solve the problem, Spangler signed up for Amazon’s “transparency” program, created to allow companies to track products through the supply chain. More than 23,000 brands joined the program last year, according to Amazon, paying for a unique QR code for each item sold in the marketplace.

Spangler, who pays 5 cents per QR code, has spent thousands of dollars so far and is seeing some improvement, but Owens fears drop shippers may find a workaround.

Meanwhile, he continues to order Dum Dums to prove to Amazon that another unauthorized seller has appeared. It happens so regularly that Owens has reserved a section of his garage for all the boxes arriving from Sam’s Club.

“We tried so hard to resolve this issue with Amazon,” he said. “It’s just a shame they don’t work more closely with manufacturers. I wish there was a better relationship.

FABM CHIN: Update on Watchlist Removal Request

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LINCOTRADE & ASSOCIATES HOLDINGS LIMITED

(Formerly known as Fabchem China Limited)

(Company Registration No.: 200413128G)

(Incorporated into the Republic of Singapore)

UPDATE ON WATCH LIST REQUEST

Unless otherwise defined herein or the context otherwise requires, all capitalized terms and references shall have the same meaning as defined in the Shareholders’ circular dated June 30, 2022 (“Circular“) regarding, among other things, the proposed acquisition and the Company’s announcements on SGXNET dated June 30, 2022, July 27, 2022 and August 3, 2022.

Board of directors (“Plank” Where “Directors“) of Lincotrade & Associates Holdings Limited (“Company“) refers to the announcement of August 3, 2022 and wishes to inform Shareholders that the SGX-ST had on August 5, 2022, informed the Company that it will be removed from the Watch-List with effect from August 8, 2022, under subject to the Company’s decision to transfer to Catalist upon completion of the proposed acquisition.

Following completion of the proposed transactions (including the proposed listing transfer), the Company has therefore been removed from the watch list effective today.

By order of the council

Lincotrade & Associates Holdings Limited

Tan Jit Meng

General director

August 8, 2022

This announcement has been reviewed by the Company’s sponsor, RHB Bank Berhad, through its Singapore branch (the “Sponsor“) pursuant to Rule 226(2)(b) of the Catalist Rules. It has not been reviewed or approved by Singapore Exchange Securities Trading Limited (the “Swap“) and the Exchange assumes no responsibility for the contents of this document, including the accuracy of any statements or opinions made or reports contained herein.

The Sponsor’s contact person is Mr. Alvin Soh, Head, Corporate Finance, RHB Bank Berhad, Singapore branch, at 90 Cecil Street, #04-00 Singapore 069531, Telephone: +65 6320 0627.

China’s IPO market beats the world with record $58 billion boom

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From London to Hong Kong, big initial equity sales have all but dried up in the world’s major financial centers this year. But the Chinese market is booming.

Initial public offerings on exchanges across the continent have reached $57.8 billion so far in 2022, the largest on record for such a period, according to data compiled by Bloomberg. There have been five billion-plus IPOs since January, and another is on the way. That’s against just one such sale in New York and Hong Kong, and none in London.

China’s IPO market defied headwinds such as rising interest rates and fears of a U.S. recession, which all but crippled major equity fundraisings elsewhere. Bids in the Asian economy – whose monetary policy diverges from that of the Federal Reserve – are largely geared towards local investors.

The surge in listings, some market watchers say, is also driven by fears that economic conditions will deteriorate later in the year as surges in virus cases push Beijing to stick to the strict strategy of Covid Zero. Top executives signaled a softening of the official growth target of around 5.5% this year, undermining optimism about a rebound.

“Companies have a higher IPO drive as they see the first half as a better window of time to get listed than the time ahead,” said Shen Meng, director of investment bank Chanson & Co. “They have a weaker outlook for the market and fear that factors such as earnings uncertainty will make it more difficult to trade in the future than today.

Secondary market

As companies rush to get listed, China’s share of global IPO proceeds has more than tripled to 44% this year, from 13% at the end of 2021, according to data compiled by Bloomberg.

The better performance of newly traded shares also attracted listing candidates. Mainland IPO shares have risen an average of 43% this year from their listing price, compared with a 13% decline seen in Hong Kong.

Meanwhile, China’s benchmark CSI 300 index has fallen around 16% since December 31 – one of the worst performers among leading global equity indicators – as investors faced restrictions Covid stringent rules, a deepening real estate crisis and a continued crackdown on internet giants.

Admittedly, the new equity sales owe part of their strong performance to the fact that the valuation at IPO is capped by local rules. This usually ends up leaving gains on the table for newcomers – flops do happen, but they are rare.

Some of the deals that have pushed up the tally in China have political overtones. The telecommunications provider China Mobile Ltd. and energy producer CNOOC Ltd., the biggest debuts of 2022, both listed at home after being kicked out of the United States following their inclusion on a Donald Trump-era blacklist. In China, they raised $8.6 billion and $5 billion, respectively, and are trading well above their listing prices.

“China is a separate market from the rest of the world. What is unique among Chinese investors is these patriotic trades,” said Ke Yan, head of research at DZT Research in Singapore. “Buying stocks that help China be more independent from the rest of the world and resist US transactions is normal.”

The love of technology

Overall, however, the technology sector was one of the most active for new equity sales in China.

Demand for the 10.8 billion yuan ($1.6 billion) IPO of computer component maker Hygon Information Technology Co. exceeded the proposed amount by 2,000 times. Order taking began on August 3, just as US House Speaker Nancy Pelosi’s visit to Taiwan shook global markets.

A semiconductor maker, digital storage product maker and chip producer surged after their mainland debut on Friday. Together, their IPOs raised $1.1 billion.

Many of the stocks currently hitting the market in China “come from the tech sector, which investors seem eager to buy given the focus on building local capacity,” said Brian Freitas, analyst for the Smartkarma independent research platform in Auckland.

Selling things online is the new garage sale

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Georges Kamel“/>
Georges Kamel

By GEORGES KAMEL

August 13 is apparently National Garage Sale Day. I don’t know who invented it, but more power to them. We live in modern times and sell your unwanted stuff on line can be much more profitable.

So if you don’t feel like posting in the heat of dawn until the last late stewards stop showing up, let’s explore your options online. There are plenty to sell sites and apps that can turn your old stuff into someone else’s treasure. Here’s how to do it right.

How to start selling things online

The process is simple, but there are a few things you’ll need to prepare and decide before you start rolling in the dough.

●First, collect the items you want to sell and make sure they are in good condition. Check that your gadgets are working, clothes have no major tears or stains, shoes have no holes, and bikes and household items are clean and repaired. The cleaner and newer it looks, the more likely it is to sell.

●Next, take clear, well-lit photos of your items.

●Next, decide whether you prefer to close the sale by meeting the buyers in a public place or by shipping the items from the post office. There is no right or wrong way, just do what works for you.

Where to sell things online

Here are some of my favorite resale sites in no particular order:

  1. Facebook Marketplace: Facebook Marketplace is free (thanks, Zuck), and on top of that, you can list your items in local buy/sell groups to expand your reach. With local pickup and shipping options, people can find and buy your listings from just about anywhere, and you can check them out before they meet.
  2. eBay: eBay is great for selling collectibles, electronics, and vintage or antique pieces, like Beanie Babies stuffed under the bed. With auction and buy-it-now options, you choose how buyers buy your goods. Warning: there are fees with eBay, so read the fine print and list wisely, my friends.
  3. ThredUP: ThredUP is a send-up style site where you send a mail their your items, then they do all the work and give you a cut of the sale. My wife loves ThredUP because she can pack up a giant box of old clothes (and by old I mean last season, which is apparently already out of date), and it’s easily picked up right at your front door.
  4. Includes: Decluttr is a fast and free way to sell cell phones, tech, CDs, DVDs and games. The website uses a pricing generator for listings so you can turn old gadgets into new dollars and purge your dusty first-generation iPod junk drawer while you’re at it.
  5. Mercari: Mercari helps millions of people across the United States buy and sell just about anything. With options for prepaid shipping labels and profits added directly to your account, this app makes it easy to sell apparel, beauty, footwear, and household items.

Now, wherever you end up selling your stuff, remember two important words: safety first. Scammers want to take advantage of you, so be sure to take precautions. Review buyer profiles, question details that don’t match, never send a product without being paid first, and meet in a safe public place. Also, never share your personal information with strangers. Instead, communicate through the sales app or website, not your cell phone or email.

How to make more money with your online sales

Creating a post to sell your old stuff is a bit like creating a dating profile. With so many fish in the sea or coffee tables on the internet, you need to make your posts stand out. Here are some of the best ways to spice up your listing and grab a buyer’s attention.

Add keywords to your posts and include a good description. It is important! Describe your articles with keywords that people will search for. If you’re selling a living room rug, describe it as a rug, area rug, rectangular rug, oriental rug, or rug, and you can even describe the color or brand name. This way people find your ad under a few different searches.

Use bright, clear images. You don’t need a fancy camera to take good pictures of what you’re selling. Your cell phone will be fine. Make sure your photos are clear and well-lit and don’t have distracting backgrounds.

Price coins for sale and be prepared to negotiate. Search for items like yours to see how other people have priced the item. Asking for too much money can put off buyers, but too little means you’re leaving money on the table. And remember: your stuff is only worth what someone is willing to pay, so be open to the best deals.

So, how good does it feel to earn a few extra bucks and create more space in your home? Really good ! It’s time to count your money, do a victory dance, and put that money where it belongs. If you’re not sure how to spend it, try a zero-based budget. Whether you’re working to pay off debt, investing for retirement, or even just saving for next Christmas, your budget gives every dollar a job to do.

. . .

Georges Kamel is a personal finance expert with a counter-cultural approach to money. He is the host of The fine print podcasting and The EntreLeadership Podcast on the Ramsey network. Since 2013, George has worked at Ramsey Solutions, where his goal is to help people spend less, save more and avoid consumer pitfalls so they can get the most out of their money. Follow George on Twitter, instagram and Facebook or learn more about him online at ramseysolutions.com/personalities.

Midland’s Arlo Welser talks about his journey with mental illness

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Arlo Welser only wrote one play as an adult – the other she wrote in second grade.

Although her first work never made it to an elementary school stage, the one she wrote recently won Best One-Act Play at Creative 360’s annual Art Speaks festival, June 3-4. .

The play, “The Red List”, was based on her and her husband in the dream.

“It takes place a few years in the future. The world is overcrowded and the government has found a way to humanely euthanize people to make room,” said Welser, from Midland. “The idea came from a dream I had.”

Welser played the title character, Charlotte, in the one-act play. Login Loose played Charlotte’s boyfriend, William. Charlotte and William both signed up for the government program, but throughout the play’s dialogue, Charlotte changed her mind in a heartbreaking turn of events.

“My character chickened out – and it did,” she said.

The characters were all working through this ethical dilemma.

In addition to the main characters of Charlotte and William, Welser presented different perspectives, including a politician, a grandfather, and an editor.

The plot had audiences on the edge of their chairs and tears were shed when it was revealed that the government program was not all it had been advertised to be. By the time the truth was revealed, several people had already made the choice to be euthanized.

Welser’s one-act play won him a prize of $100. She was happy with the outcome of her one-act play at this year’s Art Speaks festival.

“It was really good; I was thrilled to be able to participate,” she said. “I don’t really believe in my ability to make art, but it strengthened my belief.”

A 2015 Dow High graduate, Welser is just a few classes away from completing a bachelor of science degree in psychology from Central Michigan University.

“I took time off here and there because I struggle with mental illness,” Welser said.

When she performed on “The Red List,” Welser wore a short-sleeved shirt, revealing multiple scars on her arms. She confided in her journey.

“I struggle with pretty severe depression, panic disorder, and a personality disorder,” she said. “I have been self-harming since 2013. It’s been a long time, I have a lot of scars. I learned better not to hide myself.

Welser has worked in the Creative 360 ​​office since 2018. She discovered the nonprofit, which focuses on community arts and wellbeing, through her mother, Carol Rumba, who was executive director of the organization from 2014 to 2019.

“I love the environment, inclusivity, community and creativity,” Welser said.

Welser shared more about his trip.

“I struggled with anxiety growing up. In 2011 my grandmother passed away and that triggered a depression that never really left me,” she said. I’ve come a long way. I’ve tried a lot of pharmaceuticals. I’ve been through inpatient residential treatment and an outpatient program. And I do a lot of art – photography and painting.

Welser’s family is part of his support network. Rumba is retired while Welser’s father, Mark Turpin, is a sound and light engineer for theaters. Her husband, Nolan Welser, works for Midland Public Schools. She also has a cat named Clamp and a turtle named Crush.

In addition to photography and painting, she enjoys writing and participating in theatre. This summer, she starred in “The Mousetrap,” performed by Hath Summer Players. She played the role of Mrs. Boyle.

Last fall, she was in “Men on Boats” at the Midland Center for the Arts. She played the role of Bradley.

“It was a piece that explored the Grand Canyon with John Powell,” she said. “These are people who are left out of history.”

Welser also loves dinosaurs. On July 30, she and her husband left for California, where they visited Jurassic World at Universal Studios Hollywood. They also visited La Brea Tar Pits and Museum.

“I’m a big Jurassic Park fan – a big dinosaur fan,” she said.

For those who may also struggle, she has a message.

“Keep working on your health, keep fighting,” she said. “Keep fighting. Even when the days are dark, find the little bursts of light. You are loved and you are worthy.

For anyone dealing with a mental health emergency, Midland County Community Mental Health has a toll-free crisis hotline at 1-800-317-0708. The organization can also be contacted at 989-631-2320.

The National Suicide Prevention Lifeline can be reached at 1-800-273-8255 or by dialing 988.

forty two successful suggestions to generate more money privately

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forty two successful suggestions to generate more money privately

A work from home has established the right ecosystem for anyone to earn more income that has a local hustle. Depending on your specific needs and knowledge, there are thousands of methods to earn a decent amount from your recovery time.

Here are confirmed ways in which individuals have generated a lot of money for themselves, from quick tag gigs, one provides quick extra money to the potential offered eventually that has the potential to develop into a full-fledged home-based business . All you need, check the list below and select a technique that matches what can be done and you can access it. Why wait to scroll through social media compliments when you might just be earning some much-needed cash?

One of the surest ways for you to create more income if you are in a good situation is to sell circumstances on websites like eBay, Craigslist or Facebook Marketplace. People have used things like chairs, household equipment, collectibles, otherwise anything that you just don’t have fun with or is dusty will probably be sold on the internet for extra money . When you find yourself dedicated to this, you can act professionally for other people, and you can earn a great little commission for every sale. Take quality photos and you can generate malfunction and also will be inside the upper outline.

2. Recycle used smartphones for the Gazelle.

I’ve sold a few used smartphones at the Gazelle and it really is a stress-free way to earn some extra cash for anyone with an enthusiastic old iphone 3gs, Samsung cellphone, or other tool. Although it may not be more profitable, you will be able to acquire a small amount of additional currency that could simply help you with the disease of debt.

third step. Drive to own Uber or Lyft.

One of the easiest side businesses to acquire is trying to push Uber otherwise Lyft. New sharing economies have actually surged slightly, and Uber and Lyft may be leading the way. The good thing? You can enable and disable access to these communities by simply clicking on an option, allowing you to save even more money on your time.

4. Submit for PostMates.

Another great choice to get more income is to provide PostMates. Similar to the employee of Uber and Lyft, you can potentially work anytime. Since the salary may not be huge, you have the opportunity to earn information. When you’re in heavy traffic https://www.paydayloansohio.org/cities/barberton/ city ​​like for example La or Nyc, it’s certainly a powerful way to earn money rather than quitting a day job – and you don’t even need a motor vehicle.

5. Rent out your free space for Airbnb.

AirBnB also offers good financing for people who are happy to book a vacant spot if not their entire home. While you’re on your way to the majority of the quick cash, AirBnB offers an opportunity for a successful hustler. You will be refunded 1 day once a guest checks inside, this is to rule out a problem if not potential inconveniences that may arise. Some people make their first money simply by renting a room or residential property from AirBnB.

six. Create social networks to own small businesses.

From several small businesses, you need a social media manager and only try not to have the day nor the new solutions constantly posting to social media platforms, especially Facebook, Instagram, Snapchat or Facebook. Bring yourself to contact local people and provide your services up by getting a monthly fee developed. It’s definitely an effective way to accumulate extra cash no matter where you live.

Fiverr-assisted render delivery in your Concert Economy. Regardless of the fact that qualities start at $5, some Fiverr vendors try to get half a dozen digits in addition to revenue per year. You can promote just about anything on this program, but to progress and be a great merchant, you need to send billions in value, also from these people’s lower price factors.

AnPac ​​Bio Announces Nominations – GuruFocus.com

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PHILADELPHIA, Aug. 05, 2022 (GLOBE NEWSWIRE) — AnPac ​​Bio-Medical Science Co., Ltd. (“AnPac ​​Bio”, the “Company” or “we”) (ANPC, Financial), a biotechnology company with operations in the United States and China focused on early cancer screening and detection, announced that effective August 2, 2022, the Board of Directors has appointed Jiawen Kang as as a member of the board of directors of the Company (the “Board”) and a member of the audit committee and the nomination committee. On this date, the Company also appointed Yuyang Cui as (a) co-chairman of the board of directors and (b) co-general manager of the Company.

As co-CEO of the company, Yuyang Cui will be primarily responsible for (i) researching and presenting potential business opportunities to the company and the board as well as (ii) capital markets strategy and related activities for AnPac ​​Bio. Chris Chang Yu has since been renamed co-general manager of the company, with primary responsibilities for general operations and all related activities, except for the duties described for Mr. Cui.

As previously reported, on July 14, 2022, written resolutions were passed by majority vote of all shareholders entitled to vote at a general meeting authorizing, among other things, (1) the removal of Aidong Chen and Sheng Liu as Board members; (2) the removal of Aidong Chen as co-chairman of the board and co-general manager of the company; and (3) the reappointment of Chris Chang Yu as Chief Executive Officer of the Company and Chairman of the Board of Directors.

About AnPac ​​Bio

AnPac ​​Bio is a biotechnology company focused on early cancer screening and detection, with 155 patents granted as of March 31, 2022. With two certified clinical laboratories in China and a CLIA and CAP accredited clinical laboratory in the United States, AnPac Bio performs a suite of cancer screening and detection tests, including CDA (Cancer Differentiation Analysis), biochemical, immunological and genomic tests. According to a report by Frost & Sullivan, AnPac ​​Bio ranked first in the world in terms of sample volume for screening tests and detection of multiple cancers (cumulative through January 2021). AnPac ​​Bio’s CDA technology platform has been shown in retrospective validation studies to be able to detect the risk of over 20 different cancer types with high sensitivity and specificity.

For more information, please visit: https://www.Anpacbio.com.

For investor and media inquiries, please contact:

Company:

Phil Case, Marketing and Investor Relations
Phone: +1-267-810-6776 (US)
E-mail: [email protected]

Investor Relations:

Ascent Investor Relations LLC
Tina Xiao, President
Phone: +1-917-609-0333 (US)
E-mail: [email protected]

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are made under the “safe harbor” provisions of the Private Securities Litigation Reform. of 1995 and relate to the future financial and operating performance of the Company. The Company has attempted to identify forward-looking statements by terminologies such as “believes”, “estimates”, “anticipates”, “expects”, “plans”, “projects”, “intends”, “potential”, “target”, “aim”, “predict”, “outlook”, “seek”, “goal”, “objective”, “assume”, “consider”, “continue”, “positioned”, “plan” , “probable”, “may”, “could”, “could”, “will”, “should”, “approximately” or other words that convey uncertainty of future events or results to identify these forward-looking statements. These statements are based on current expectations, assumptions and uncertainties involving judgments regarding, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the Company. These statements also involve known risks and unknowns, uncertainties and other factors that may cause the Company’s actual results to differ materially from those expressed or implied by any forward-looking statements. Known and unknown risks, uncertainties and other factors include, but are not limited to, our ability to comply with Nasdaq listing rules, implementation of our business model and growth strategies; trends and competition in the cancer screening and detection market; our expectations regarding market demand and acceptance of our cancer screening and detection tests and our ability to expand our customer base; our ability to obtain and maintain intellectual property protections for our CDA technology and our continued research and development to keep pace with technological developments; our ability to obtain and maintain regulatory approvals from the NMPA, FDA and relevant US states and to have our laboratories certified or accredited by authorities such as CLIA; our future business development, financial condition and results of operations and our ability to obtain financing on a cost-effective basis; potential changes in governmental regulations; general economic and business conditions in China and elsewhere; our ability to hire and retain key personnel; our relationships with our major business partners and customers; and the duration of the coronavirus outbreaks and their potential adverse impact on economic and financial market conditions and our business and financial performance, as resulting from reduced business activities due to quarantines and travel restrictions instituted by China, the United States and many other countries around the world to contain the spread of the virus. In addition, all forward-looking statements are subject to the “Risk Factors” detailed from time to time in the company’s most recent Annual Report on Form 20-F and other filings with the U.S. Securities and Exchange Commission. United. Due to these and other risks, uncertainties and assumptions, undue reliance should not be placed on these forward-looking statements. Further, such statements speak only as of the date of this press release and, except as required by law, the Company undertakes no obligation to publicly revise or update any forward-looking statements for any reason. it would be.

Anpac-Bio-USA.png

15 of the Best Kakadu Plum Beauty Products to Buy in 2022

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From its home in the Northern Territory, where it evolved to withstand some of the harshest conditions on earth, the Kakadu plum has become a favorite superfood and, now, a go-to ingredient in face and skincare products. the body that have a serious punch.

Used by Australian Aborigines for its medicinal and preservative qualities, the Kakadu plum is a powerhouse of anti-aging, brightening and moisturizing compounds, and is considered the richest natural source of vitamin C in the world, with approximately 100 times that oranges.

To incorporate some of the benefits of vitamin C into your beauty routine, we’ve found 15 of the best Kakadu plum beauty products available.

Skin Crush Eye Revive Serum

Price: $45

Give your tired eye area a bold wake-up call with this natural serum rich in pure phytonutrients derived from Kakadu plum through unique cell extraction technology. It offers all the usual benefits like skin brightening, restoring sun and pollution damage and helping collagen production, in a silky smooth serum that’s perfect as the last step in your beauty routine.

We Are Feel Good Inc. Kakadu Plum Sunscreen

Price: $49.95

The best way to deal with free radical damage? Avoid it in the first place. This light, milky formula is perfect for everyday use and is enriched with antioxidants from Kakadu plum. It’s broad-spectrum, non-greasy, and water-resistant for up to four hours, with vitamin E and aloe vera to nourish your skin, too.

Dope Skin Antioxidant Botanical Face Serum

Price: $29

We all know that antioxidants are good for us when consumed (hello, red wine and dark chocolate), so it only makes sense that they also give our skin a boost. This lightweight, oil-free gel serum is like your skin’s daily multivitamin, formulated with powerful plant-based ingredients to brighten, visibly reduce hyperpigmentation, even skin tone, and firm. Along with Kakadu plum extract, there’s hyaluronic acid, rose water, and hemp to nourish, hydrate, and maintain healthy skin.

Wandering Wombat Co. Organic Kakadu Plum Vitamin C Serum

Price: $49

With a focus on bringing Australian-sourced ingredients to the men’s beard and face care market, Wandering Wombat Co. has crafted a terrific product with the goodness of Kakadu plum. It promises increased collagen production, reduced pigmentation and help fight certain forms of acne in a fragrance-free, 100% vegan formula. Even better? 5% of their net profits are donated to charities supporting Australian wildlife and habitats.

Native Secrets Body Wash

Price: $17.90

Cherie (a Wailwan woman) and Phil (a Bidjara Kara Kara man) Thompson are dedicated to bringing traditional Indigenous medicinal practices to everyday life. Their body wash is made with essential oils of Kakadu Plum, White Cypress, and Buddha Wood, as well as Davidson Plum, Lime, and Lemon Myrtle. So it smells amazing and gently cleanses, balances and rejuvenates your skin.

Kevin Murphy Hydrate Me Hair Mask

Price: $88.20

Get ready for a serious burst of intense hydration. This thick mask contains Kakadu plum to help smooth the surface of the hair, rosehip extract to help the hair retain moisture and evening primrose oil to hydrate and help soften the hair, so you can expect healthy, bouncy hair.

Kit: Concentrate No.1 – Kakadu Plum

Price: $34

No. 1 in name, no. 1 by nature? This naturally scented serum is packed with vitamin C from Kakadu plum to support collagen production, bengkoang botanical adaptogen to fight free radicals, and ascorbic acid to reduce the appearance of dark spots over time. time. It is therefore the miracle solution to feel good. your face.

Leif Products Kakadu Plum Hand Balm

Price: $65

Soften skin and nourish tired hands with this rich balm made with Kakadu plum and quandong extract, macadamia oil and sweet almond oil. The combo basically smells like dessert, and we love that it’s free of sulfates and parabens, and is 100% vegan and cruelty-free.

Edible Beauty Native Collagen Powder

Price: $37

Fuel better skin from within with this blend of nutrient-rich powdered superfruits and Australian native extracts. In addition to the oft-vaunted skin benefits of Kakadu plum, this product also supports digestive well-being, with maqui berry, hibiscus, sea buckthorn berry and mountain pepper berry all invited to the party. , as well as the high levels of calcium, iron, magnesium and 50% prebiotic dietary fiber.

MCObeauty Gentle Exfoliating Vitamin C Scrub

Price: $29

Described as your at-home facial in a bottle, this gentle exfoliator buffs away dead, dull skin to reveal a glowing, ultra-soft complexion. It’s rich in vitamin C from the Kakadu plum, of course, and also contains salicylic to prevent breakouts and leave your skin feeling super clean and soft.

Sukin Naturals Rosehip Moisturizing Day Cream

Price: $24.95

A favorite drugstore brand known for effective products that don’t cost a bomb, Sukin’s Rosehip Hydrating Day Cream nourishes and hydrates skin with a rich blend of rosehip, pomegranate and, of course, plum. Kakadu. Expect radiant, smooth skin, while the cream also works to prevent signs of premature aging.

Al.ive Body Lip Balm

Price: $16

Lip balm addicts, look no further for your next obsession. This silky formula contains natural nourishing oils and vitamins including Macadamia Oil, Coconut Oil and Kakadu Plum, so it’s anti-aging, protective and helps repair dry lips and chapped.

KORA Organics Noni Glow Overnight Mask

Price: $65

Enjoy your skin’s renewal and repair cycle overnight with this pillow-free night mask that delivers super soft, hydrated, glowing skin. Ingredients like Kakadu plum extracts, caviar lime and silver ear fungus treat congested pores, oil buildup, uneven skin texture and dull complexion, and the mask also promotes healthy cell renewal while softening the appearance of discoloration, pigmentation and sun damage. Win, win, win, win.

Sand & Sky Australian Emu Apple Dreamy Glow Drops

Price: $83.90

Reduce fine lines, plump and protect skin with this oil-serum hybrid rich in vitamin C from Kakadu plum, hyaluronic acid and nourishing oils of jojoba, almond and olive. The combo of riberry, pepper and emu apple alongside kakadu plum break down pigmentation for an even complexion and megawatt glow.

Locako Beauty Collagen – Vanilla & Kakadu Plum

Price: $29.95

Let’s not forget that the hype for the Kakadu plum first started as an edible fruit before moving into the beauty space… Locako ticked both boxes with this beauty collagen powder drawing vitamin C from Kakadu plum, camu camu and sea buckthorn to give skin a serious boost, with antioxidants, bamboo silica and prebiotics and probiotics to help support a healthy gut.

Editor’s Note: Urban List editors independently curate and write things we love and you’ll love too. Urban List has affiliate partnerships, so we earn revenue from your purchase.

Image credit: Skin Crush

Mirati Therapeutics Announces Incentive Grant Under NASDAQ Listing Rule 5635(c)(4)

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SAN DIEGO, August 4, 2022 /PRNewswire/ — Mirati Therapeutics, Inc. (NASDAQ: MRTX), a clinical-stage targeted oncology company, today announced that the company has granted stock awards to 56 new employees with an expiry date. attribution of August 1, 2022, as equity incentive awards outside of the company’s 2022 stock incentive plan (but under the terms of the company’s equity incentive plan) and material to employee acceptance of a job within the company. The stock awards were approved pursuant to Nasdaq Listing Rule 5635(c)(4).

Employees received options to purchase a total of 177,751 Mirati common shares and a total of 113,172 restricted stock units (“RSUs”). Options have an exercise price of $65.79 per share, which is equal to the closing price of Mirati common stock on August 1, 2022, (the “Grant Date”). One quarter of the shares underlying the employee options will vest on the first anniversary of the grant date, then 1/48th of the shares underlying the employee options will vest monthly, so that the shares underlying the options granted to employees will fully vest on the fourth anniversary of the grant date, subject to employees remaining employed with Mirati on those vesting dates. Each RSU will vest 25% of the shares underlying the RSU grant on the first anniversary of the grant date and an additional 25% of the shares underlying the RSU grant each year by thereafter, subject to maintaining the employment of each of these employees at each acquisition Date.

About Mirati Therapeutics, Inc.
Mirati Therapeutics, Inc. is a clinical-stage biotechnology company whose mission is to discover, design and deliver breakthrough therapies to transform the lives of cancer patients and their loved ones. The company is relentlessly focused on developing therapies that address high unmet needs, including lung cancer, and advancing a pipeline of novel therapies targeting the genetic and immunological drivers of cancer. Unified for patients, Mirati’s vision is to unleash the science behind the promise of life beyond cancer. For more information about Mirati, visit us at Mirati.com or follow us on Twitter, LinkedIn and Facebook.

Forward-looking statements
This press release contains forward-looking statements regarding the business of Mirati Therapeutics, Inc. (“Mirati”). Any statement describing Mirati’s goals, expectations, financial or other projections, intentions or beliefs, development plans and commercial potential of Mirati’s drug development pipeline, including without limitation adagrasib (Selective KRASG12C inhibitor), sitravatinib (TAM receptor inhibitor), MRTX1719 (MTA cooperative PRMT5), MRTX0902 (SOS1 inhibitor) and MRTX1133 (selective KRASG12D inhibitor), is a forward-looking statement and should be considered an at-risk statement. Such statements are subject to risks and uncertainties, in particular the challenges inherent in the process of discovering, developing and commercializing safe and effective new drug products for human therapeutic use, and in the effort to create a company around these drugs.

Mirati’s forward-looking statements also involve assumptions which, if they never materialize or prove to be incorrect, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although Mirati’s forward-looking statements reflect the good faith judgment of its management, such statements are based solely on facts and factors currently known to Mirati. Accordingly, you are cautioned not to rely on these forward-looking statements. These and other risks relating to Mirati’s programs are described in more detail in Mirati’s Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K, which are filed with the United States Securities and Exchange Commission. States (the “SEC”) available at the SEC’s website (www.sec.gov). Mirati undertakes no obligation to update any forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.

Mirati contacts

Investor Relations: [email protected]
Media Relations: [email protected]

SOURCE Mirati Therapeutics, Inc.

INTERCONTINENTAL EXCHANGE, INC. MANAGEMENT REPORT AND ANALYSIS OF FINANCIAL POSITION AND OPERATING RESULTS (Form 10-Q)

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In this Quarterly Report on Form 10-Q, or Quarterly Report, and unless otherwise
indicated, the terms "Intercontinental Exchange," "ICE," "we," "us," "our," "our
company" and "our business" refer to Intercontinental Exchange, Inc., together
with its consolidated subsidiaries. All references to "options" or "options
contracts" in the context of our futures products refer to options on futures
contracts. Solely for convenience, references in this Quarterly Report to any
trademarks, service marks and trade names owned by ICE are listed without the ®,
™ and © symbols, but we will assert, to the fullest extent under applicable law,
our rights to these trademarks, service marks and trade names.

We also include references to third-party trademarks, trade names and service
marks in this Quarterly Report. Except as otherwise expressly noted, our use or
display of any such trademarks, trade names or service marks is not an
endorsement or sponsorship and does not indicate any relationship between us and
the parties that own such marks and names.

The following discussion should be read in conjunction with our consolidated financial statements and accompanying notes included elsewhere in this quarterly report. Due to rounding, figures in tables may not add up exactly.

Forward-looking statements

This Quarterly Report, including the sections entitled "Notes to Consolidated
Financial Statements," "Legal Proceedings" and "Management's Discussion and
Analysis of Financial Condition and Results of Operations," contains
"forward-looking statements" as defined in the Private Securities Litigation
Reform Act of 1995. Any statements contained herein that are not statements of
historical fact may be forward-looking statements.

These forward-looking statements relate to future events or our future financial
performance and are based on our present beliefs and assumptions as well as the
information currently available to us. They involve known and unknown risks,
uncertainties and other factors that may cause our results, levels of activity,
performance, cash flows, financial position or achievements to differ materially
from those expressed or implied by these statements.

Forward-looking statements may be introduced by or contain terminology such as
"may," "will," "should," "could," "would," "targets," "goal," "expect,"
"intend," "plan," "anticipate," "believe," "estimate," "predict," "potential,"
"continue," or the antonyms of these terms or other comparable terminology.
Although we believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results, levels of
activity, performance, cash flows, financial position or achievements.
Accordingly, we caution you not to place undue reliance on any forward-looking
statements we may make.

Factors that may affect our performance and the accuracy of any forward-looking
statements include, but are not limited to, those listed below:
•conditions in global financial markets, domestic and international economic and
social conditions, inflation, political uncertainty and discord, geopolitical
events or conflicts, international trade policies and sanctions laws;
•the impact of the introduction of or any changes in laws, regulations, rules or
government policies with respect to financial markets, climate change, increased
regulatory scrutiny or enforcement actions and our ability to comply with these
requirements;
•volatility in commodity prices and equity prices, and price volatility of
financial benchmarks and instruments such as interest rates, credit spreads,
equity indices, foreign exchange rates, and mortgage origination trends;
•the impact of climate change and the transition to renewable energy and a net
zero economy;
•the business environment in which we operate and trends in our industry,
including trading volumes, prevalence of clearing, demand for data services,
mortgage lending activity, fees, changing regulations, competition and
consolidation;
•our ability to minimize the risks associated with operating clearing houses in
multiple jurisdictions;
•our exchanges' and clearing houses' compliance with their respective regulatory
and oversight responsibilities;
•the resilience of our electronic platforms and soundness of our business
continuity and disaster recovery plans;
•our ability to realize the expected benefits of our acquisitions and our
investments, including our ability to close the Black Knight acquisition when
expected;
•our ability to execute our growth strategy, identify and effectively pursue,
implement and integrate acquisitions and strategic alliances and realize the
synergies and benefits of such transactions within the expected time frame;
•the performance and reliability of our trading, clearing and mortgage
technologies and those of third-party service providers;
•our ability to keep pace with technological developments and client
preferences;
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•our ability to ensure that the technology we utilize is not vulnerable to
cyberattacks, hacking and other cybersecurity risks or other disruptive events
or to minimize the impact of any such events;
•our ability to keep information and data relating to the customers of the users
of the software and services provided by our ICE Mortgage Technology business
confidential;
•the impacts of the COVID-19 pandemic on our business, results of operations and
financial condition as well as the broader business environment;
•our ability to identify trends and adjust our business to benefit from such
trends, including trends in the U.S. mortgage industry such as inflation rates,
interest rates, new home purchases, refinancing activity, and home builder and
buyer sentiment, among others;
•our ability to evolve our benchmarks and indices in a manner that maintains or
enhances their reliability and relevance;
•the accuracy of our cost and other financial estimates and our belief that cash
flows from operations will be sufficient to service our debt and to fund our
operational and capital expenditure needs;
•our ability to incur additional debt and pay off our existing debt in a timely
manner;
•our ability to maintain existing market participants and data and mortgage
technology customers, and to attract new ones;
•our ability to offer additional products and services, leverage our risk
management capabilities and enhance our technology in a timely and
cost-effective fashion;
•our ability to attract, develop and retain key talent;
•our ability to protect our intellectual property rights and to operate our
business without violating the intellectual property rights of others; and
•potential adverse results of threatened or pending litigation and regulatory
actions and proceedings.

These risks and other factors include, among others, those set forth in Part 1,
Item 1(A) under the caption "Risk Factors" in our 2021 Form 10-K, as filed with
the SEC on February 3, 2022. Due to the uncertain nature of these factors,
management cannot assess the impact of each factor on the business or the extent
to which any factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking statements.

Any forward-looking statement speaks only as of the date on which such statement
is made, and we undertake no obligation to update any of these statements to
reflect events or circumstances occurring after the date of this Quarterly
Report. New factors may emerge and it is not possible to predict all factors
that may affect our business and prospects.

Insight

We are a provider of market infrastructure, data services and technology
solutions to a broad range of customers including financial institutions,
corporations and government entities. Our products, which span major asset
classes including futures, equities, fixed income and U.S. residential
mortgages, provide our customers with access to mission critical tools that are
designed to increase asset class transparency and workflow efficiency. While we
report our results in three reportable business segments, we operate as one
business, leveraging the collective expertise, particularly in data services and
technology, that exists across our platforms to inform and enhance our
operations.

•In our Exchanges segment, we operate regulated marketplaces for the listing,
trading and clearing of a broad array of derivatives contracts and financial
securities.

•In our Fixed Income and Data Services segment, we provide fixed income pricing,
reference data, indices, analytics and execution services as well as global CDS
clearing and multi-asset class data delivery solutions.

•In our Mortgage Technology segment, we provide an end-to-end technology
platform that offers customers comprehensive, digital workflow tools that aim to
address the inefficiencies that exist in the U.S. residential mortgage market,
from application through closing and the secondary market.

RECENT DEVELOPMENTS

Pending the acquisition of Black Knight, Inc.

On May 4, 2022, we announced that we had entered into a definitive agreement to
acquire Black Knight, Inc., or Black Knight, a software, data and analytics
company that serves the housing finance continuum, including real estate data,
mortgage lending and servicing, as well as the secondary markets. Pursuant to
the merger agreement, Sub will merge with and into Black Knight, with Black
Knight surviving as a wholly owned subsidiary of ICE. As of May 4, 2022, the
transaction was valued at approximately $13.1 billion, or $85 per share of Black
Knight common stock, with cash comprising 80% of the value of the aggregate
transaction consideration and shares of our common stock comprising 20% of the
value of the aggregate transaction consideration at that time. The aggregate
cash component of the transaction
                                       33
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consideration is fixed at $10.5 billion, and the value of the aggregate stock
component of the transaction consideration will fluctuate with the market price
of our common stock and will be determined based on the average of the volume
weighted averages of the trading prices of our common stock on each of the ten
consecutive trading days ending three trading days prior to the closing of the
merger. This transaction builds on our position as a provider of end-to-end
electronic workflow solutions for the rapidly evolving U.S. residential mortgage
industry.

Black Knight provides a comprehensive and integrated ecosystem of software, data
and analytics solutions serving the real estate and housing finance markets. We
believe the Black Knight ecosystem adds value for clients of all sizes across
the mortgage and real estate lifecycles by helping organizations lower costs,
increase efficiencies, grow their businesses, and reduce risk.

The transaction is expected to close in the first half of 2023, following the
receipt of regulatory approvals and the satisfaction of customary closing
conditions. On July 22, 2022, we filed an amended preliminary proxy
statement/prospectus on Form S-4 with the SEC, which is undergoing review by the
SEC.

Conflict in Ukraine

Our results of operations are affected by global economic conditions, including
macroeconomic conditions and geopolitical events or conflicts. The invasion of
Ukraine by Russia and the sanctions and other measures being imposed in response
to this conflict have increased the level of economic and political uncertainty.
The crisis in Russia, Belarus and Ukraine began in February 2022 and continues
as of the date of this Quarterly Report. We are in the process of suspending all
services in Russia and expect to cease all offerings in Russia by the end of
2022. From an operational perspective, our businesses, including our exchanges,
clearing houses, listings venues, data services businesses and mortgage
platforms, have not suffered a material negative impact as a result of these
events in Ukraine and the surrounding region. We continue to monitor the
uncertainty surrounding the extent and duration of this ongoing conflict and the
impact that it may have on the global economy and on our business.

Regulation

Our activities and the markets in which we operate are subject to regulations
that impact us as well as our customers, and, in turn, meaningfully influence
our activities, the manner in which we operate and our strategy. We are
primarily subject to the jurisdiction of regulatory agencies in the U.S., U.K.,
EU, Canada, Singapore and Abu Dhabi. Failure to satisfy regulatory requirements
can or may give rise to sanctions by the applicable regulator.

Global policy makers have undertaken reviews of their existing legal framework
governing financial markets in connection with regulatory reform, and have
either passed new laws and regulations, or are in the process of debating and/or
enacting new laws and regulations that apply to our business and to our
customers' businesses. Legislative and regulatory actions may impact the way in
which we or our customers conduct business and may create uncertainty, which
could affect trading volumes or demand for market data. See Part 1, Item 1
"Business - Regulation" and Part 1, Item 1(A) "Risk Factors" included in our
2021 Form 10-K for a discussion of the primary regulations applicable to our
business and certain risks associated with those regulations.

Domestic and foreign policy makers continue to review their legal frameworks
governing financial markets, and periodically change the laws and regulations
that apply to our business and to our customers' businesses. Our key areas of
focus on these evolving efforts are:

•Regulatory structure applicable to non-EU clearing houses. On January 1, 2020,
the European Markets Infrastructure Regulation, or EMIR 2.2, became effective,
which revises the EU's current regulatory and supervisory structure for EU and
non-EU clearing houses. The European Securities and Markets Authority, or ESMA,
has recognized ICE Clear Europe as a third-country central counterparty, or CCP,
under EMIR and determined that it is a Tier 2 CCP on the basis that it is
systemically important to the financial stability of the EU or one or more of
its Member States. ESMA has recognized all other ICE clearing houses as
third-country CCPs and determined that they are Tier 1 CCPs on the basis that
they are not systemically-important to the financial stability of the EU or one
or more of its Member States. ESMA's continuing implementation of these
delegated regulations could still impact one or more of our other non-EU
clearing houses. In February 2022, the European Commission extended the
temporary equivalence for U.K. CCPs until June 2025. In March 2022, ESMA
extended the ICE Clear Europe recognition decision and tiering determination
until June 2025 and confirmed the recognition and tiering determination of all
other ICE clearing houses.

•Benchmarks Regulation. The Financial Conduct Authority, or FCA, used its legal
powers under the U.K. Benchmarks Regulation, or U.K. BMR, to require ICE
Benchmark Administration Limited, or IBA, as the administrator of the London
Interbank Offered Rate, or LIBOR, to publish certain Sterling and Japanese Yen
LIBOR settings under a changed "synthetic" methodology until the end of 2022.
Any settings published under a "synthetic" methodology are

                                       34
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no longer considered to be representative of the underlying market or economic
reality the setting is intended to measure as those terms are used in the U.K.
BMR. The FCA confirmed that it expects that certain U.S. Dollar LIBOR settings
will continue to be published on a representative basis until the end of June
2023. In June 2022, the FCA published a consultation on ceasing "synthetic"
Sterling LIBOR settings and transitioning away from U.S. Dollar LIBOR. The FCA
will continue to consider requiring IBA to publish certain U.S. Dollar LIBOR
settings beyond June 30, 2023 under a changed "synthetic" methodology. Usage of
the "synthetic" LIBOR and U.S. Dollar LIBOR settings may be restricted or
prohibited in certain circumstances under applicable law.

The European Commission used its powers under the EU Benchmarks Regulation, or
EU BMR, to designate replacement benchmarks for certain Swiss franc LIBOR
settings and the Euro Overnight Index Average, or EONIA, which cover all
references to the relevant benchmark. The transition period for the use of
benchmarks provided by third-country administrators has been extended until at
least December 31, 2023. In May 2022, the European Commission published a
consultation on the third-country regime of the EU BMR to prepare for the
development of a legislative proposal.

In March 2022, President Biden signed into law federal LIBOR legislation,
referred to as the LIBOR Act, designed to reduce uncertainty and economic
impacts of the permanent cessation of LIBOR for specified contracts, securities
and other agreements that are economically linked to LIBOR. The LIBOR Act
provides a statutory framework to replace U.S. Dollar LIBOR with a benchmark
rate based on the SOFR for contracts governed by U.S. law that have no fallbacks
or fallbacks that would require the use of a poll or LIBOR-based rate.

•Policy intervention to address high energy prices. In March 2022, EU leaders
agreed to reduce the EU's dependency on Russian gas, oil and coal imports and
invited the European Commission to put forward legislative proposals to ensure
security of supply and affordable energy prices. Various options for regulatory
intervention have been adopted by the European Commission to allow EU countries
to jointly buy strategic reserves of gas. The potential impact of the measures
on the functioning of European energy wholesale markets remain uncertain at this
time.

•CCP Resolution. In March 2022, the U.K. Treasury published a feedback statement
and status update on its plans to enhance the U.K.'s regime for resolution of
CCPs in the event that they fail. This is intended to expand the prior regime
which was not in line with U.K. Financial Stability Board guidance issued
subsequently. Many of the parameters of the new regime have yet to be finalized
and will be subject to a consultation process by the Bank of England which will
be the resolution authority for CCPs in the U.K. However, they will include
increased CCP contributions (known as "second skin in the game") to the default
fund.

                                       35
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Consolidated Financial Highlights


The following summarizes our results and significant changes in our consolidated
financial performance for the periods presented (dollars in millions, except per
share amounts and YTD represents the six-month periods ended June 30th).

[[Image Removed: ice-20220630_g2.jpg]] [[Image Removed: ice-20220630_g3.jpg]][[Image Removed: ice-20220630_g4.jpg]]
[[Image Removed: ice-20220630_g5.jpg]][[Image Removed: ice-20220630_g6.jpg]][[Image Removed: ice-20220630_g7.jpg]]

(1) The adjusted figures exclude items that are not reflective of our ongoing
core operations and business performance. Adjusted net income attributable to
ICE is presented net of taxes. These adjusted numbers are not calculated in
accordance with U.S. GAAP. See "- Non-GAAP Financial Measures" below.
                                       36
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                                             Six Months Ended June 30,                                 Three Months Ended June 30,
                                               2022                2021             Change                2022                2021              Change
Revenues, less transaction-based
expenses                                 $     3,713            $ 3,504               6 %           $     1,814            $ 1,707               6 %
   Recurring revenues(1)                 $     1,852            $ 1,715               8 %           $       931            $   870               7 %
   Transaction revenues, net(1)          $     1,861            $ 1,789               4 %           $       883            $   837               6 %
Operating expenses                       $     1,852            $ 1,813               2 %           $       945            $   908               4 %
Adjusted operating expenses(2)           $     1,486            $ 1,473               1 %           $       740            $   744               - %
Operating income                         $     1,861            $ 1,691              10 %           $       869            $   799               9 %
Adjusted operating income(2)             $     2,227            $ 2,031               10%           $     1,074            $   963               12%
Operating margin                                  50    %            48   %          2 pts                   48    %            47   %           1 pt
Adjusted operating margin(2)                      60    %            58   %          2 pt                    59    %            56   %          3 pts
Other income/(expense), net              $      (290)           $ 1,074             (127) %         $      (130)           $ 1,133             (112) %
Income tax expense                       $       338            $   862             (61) %          $       173            $   679              (75) %
Effective tax rate                                22    %            31   %         (9 pts)                  23    %            35   %         (12 pts)
Net income attributable to ICE           $     1,212            $ 1,898             (36) %          $       555            $ 1,252              (56) %
Adjusted net income attributable to
ICE(2)                                   $     1,543            $ 1,391              11 %           $       739            $   657               12 %
Diluted earnings per share attributable
to ICE common stockholders               $      2.16            $  3.36             (36) %          $      0.99            $  2.22              (55) %
Adjusted diluted earnings per share
attributable to ICE common
stockholders(2)                          $      2.75            $  2.46              12 %           $      1.32            $  1.16               14 %
Cash flows from operating activities     $     1,725            $ 1,607               7 %




(1) We define recurring revenue as that part of our revenue that is generally predictable, stable and can be expected to occur at regular intervals in the future with a relatively high degree of certainty and visibility . We define transaction revenue as that associated with a more specific one-time service, such as executing a transaction or registering a mortgage.

(2) The adjusted figures exclude items that are not reflective of our ongoing
core operations and business performance. Adjusted net income attributable to
ICE and adjusted diluted earnings per share attributable to ICE common
stockholders are presented net of taxes. These adjusted numbers are not
calculated in accordance with U.S. GAAP. See "- Non-GAAP Financial Measures"
below.

•Revenues, less transaction-based expenses, increased $209 million and $107
million for the six months and three months ended June 30, 2022, respectively,
from the comparable periods in 2021. See "-Exchanges Segment", "Fixed Income and
Data Services Segment" and "Mortgage Technology Segment" below for a discussion
of the significant changes in our revenues. The increase in revenues during the
six months and three months ended June 30, 2022 includes $44 million and $30
million, respectively, in unfavorable foreign exchange effects arising from
fluctuations in the U.S. dollar from the comparable periods in 2021. See Item 3
"Quantitative and Qualitative Disclosures About Market Risk-Foreign Currency
Exchange Rate Risk" below for additional information on the impact of currency
fluctuations.

•Operating expenses increased $39 million and $37 million for the six months and
three months ended June 30, 2022, respectively, from the comparable periods in
2021. See "-Consolidated Operating Expenses" below for a discussion of the
significant changes in our operating expenses. The increase in operating
expenses during the six months and three months ended June 30, 2022 includes $14
million and $11 million, respectively, in favorable foreign exchange effects
arising from fluctuations in the U.S. dollar from the comparable periods in
2021. See Item 3 "Quantitative and Qualitative Disclosures About Market
Risk-Foreign Currency Exchange Rate Risk" below for additional information on
the impact of currency fluctuations.

Variability of quarterly comparisons

Our business environment has been characterized by:

•globalization of market places, customers and competitors;

•increasing customer demand for workflow efficiency and automation;

•uncertainty in commodity markets, interest rates and financial markets;

•increasing demand for data to inform risk management and client investment decisions;

• evolving, growing and disparate regulation in multiple jurisdictions;

• price volatility increasing customer demand for risk management services;

                                       37
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•increased focus on investment and cost savings;

•customer preference for managing risk on markets with the greatest liquidity and the greatest diversity of products;

•the development of existing products and the innovation of new products to meet new customer needs and changes in industrial agreements;

•increasing demand for speed, data, data capacity and connectivity by market players, requiring increased investment in technology; and

•the consolidation and intensification of competition between global trading, clearing and listing markets.

For additional information regarding factors that affect our results of operations, see Item 1(A) “Risk Factors” included in our 2021 Form 10-K, and Part II, Item 1(A) “Risk Factors.” risk” below.

Sector results

Our business is conducted through three reportable business segments, comprising the following:

•In our Exchanges segment, we operate regulated marketplaces for the listing,
trading and clearing of a broad array of derivatives contracts and financial
securities;

•In our Fixed Income and Data Services segment, we provide fixed income pricing,
reference data, indices, analytics and execution services as well as global CDS
clearing and multi-asset class data delivery solutions; and

•In our Mortgage Technology segment, we provide an end-to-end technology
platform that offers customers comprehensive, digital workflow tools that aim to
address the inefficiencies that exist in the U.S. residential mortgage market,
from application through closing and the secondary market.

While revenues are recorded specifically in the segment in which they are earned
or to which they relate, a significant portion of our operating expenses are not
solely related to a specific segment because the expenses serve functions that
are necessary for the operation of more than one segment. We directly allocate
expenses when reasonably possible to do so. Otherwise, we use a pro-rata revenue
approach as the allocation method for the expenses that do not relate solely to
one segment and serve functions that are necessary for the operation of all
segments. Our segments do not engage in intersegment transactions.
                                       38
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Trading segment

The following information presents selected income statements for our Exchanges segment (in millions of dollars and year-to-date represents the six-month periods ended June 30):

                     [[Image Removed: ice-20220630_g8.jpg]]

[[Image Removed: ice-20220630_g9.jpg]][[Image Removed: ice-20220630_g10.jpg]][[Image Removed: ice-20220630_g11.jpg]][[Image Removed: ice-20220630_g12.jpg]]
(1) The adjusted numbers in the charts above are calculated by excluding items
that are not reflective of our cash operations and core business performance. As
a result, these adjusted numbers are not calculated in accordance with U.S.
GAAP. See "- Non-GAAP Financial Measures" below.
                                       39
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                                            Six Months Ended June 30,                                      Three Months Ended June 30,
                                              2022                2021                    Change              2022              2021                Change
Revenues:
Energy futures and options              $         618          $   584                          6  %       $    265          $   274                     (3) %
Agricultural and metals futures and
options                                           122              121                          1                61               62                     (1)
Financial futures and options                     253              188                         35               123               83                     50
Futures and options                               993              893                         11               449              419                      7
Cash equities and equity options                1,357            1,246                          9               698              512                     37
OTC and other                                     205              155                         32               108               78                     39
Transaction and clearing, net                   2,555            2,294                         11             1,255            1,009                    

25

Data and connectivity services                    432              415                          4               218              208                      4
Listings                                          260              233                         12               131              119                     10
Revenues                                        3,247            2,942                         10             1,604            1,336                     20
Transaction-based expenses(1)                   1,159            1,059                          9               599              427                    

40

Revenues, less transaction-based
expenses                                        2,088            1,883                         11             1,005              909                     11
Other operating expenses                          484              513                         (6)              244              260                     (6)
Depreciation and amortization                     118              124                         (5)               60               61                     (2)
Acquisition-related transaction and
integration costs                                   1               10                        (89)                -                5                    (93)
Operating expenses                                603              647                         (7)              304              326                     (7)
Operating income                        $       1,485          $ 1,236                         20  %       $    701          $   583                     20  %

Recurring revenues                      $         693          $   648                          7  %            350              327                      7  %
Transaction revenues, net               $       1,395          $ 1,235                         13  %            655              582                     13  %

(1) Transaction-related expenses are largely attributable to our equity and cash options activities.

Exchanges Revenues

Our Exchanges segment includes transaction and clearing revenues from our
futures and NYSE exchanges, related data and connectivity services, and our
listings business. Transaction and clearing revenues consist of fees collected
from derivatives, cash equities and equity options trading and derivatives
clearing, and are reported on a net basis, except for the NYSE transaction-based
expenses discussed below. Rates per-contract, or RPC, are driven by the number
of contracts or securities traded and the fees charged per contract, net of
certain rebates. Our per-contract transaction and clearing revenues will depend
upon many factors, including, but not limited to, market conditions, transaction
and clearing volume, product mix, pricing, applicable revenue sharing and market
making agreements, and new product introductions.

Transaction and clearing revenues are generally assessed on a per-contract basis
and revenues and profitability fluctuate with changes in contract volume and
product mix. We consider data and connectivity services revenues and listings
revenues to be recurring revenues. Our data and connectivity services revenues
are recurring subscription fees related to the various data and connectivity
services that we provide which are directly attributable to our exchange venues.
Our listings revenues are also recurring subscription fees that we earn for the
provision of NYSE listings services for public companies and ETFs, and related
corporate actions for listed companies.

For the six months ended June 30, 2022 and 2021, 19% and 16%, respectively, of
our Exchanges segment revenues, less transaction-based expenses, were billed in
pounds sterling or euros. For the three months ended June 30, 2022 and 2021, 18%
and 16%, respectively, of our Exchanges segment revenues, less transaction-based
expenses, were billed in pounds sterling or euros. Due to the fluctuations of
the pound sterling and euro compared to the U.S. dollar, our Exchanges segment
revenues, less transaction-based expenses, were lower by $33 million and
$22 million for the six months and three months ended June 30, 2022, from the
comparable periods in 2021.

Our exchange transaction and clearing revenues are presented net of rebates. We
recorded rebates of $464 million and $526 million for the six months ended
June 30, 2022 and 2021, respectively, and $201 million and $252 million for the
three months ended June 30, 2022 and 2021, respectively. We offer rebates in
certain of our markets primarily to support market liquidity and trading volume
by providing qualified participants in those markets a discount to the
applicable commission rate. Such rebates are calculated based on volumes traded.
The decrease in rebates for the six
                                       40
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months and three months ended June 30, 2022 is primarily due to the migration of
Sterling futures rebates into the Sterling Overnight Index Average, or SONIA,
and a change in the pricing and structure of SONIA products.

•Energy Futures and Options: Total energy volume increased 5% and revenues
increased 6% for the six months ended June 30, 2022 from the comparable period
in 2021 and volume increased 2% and revenues decreased 3% for the three months
ended June 30, 2022 from the comparable period in 2021.

-Total oil futures and options volume decreased 6% and 12% for the six months
and three months ended June 30, 2022, respectively, from the comparable periods
in 2021, due in part to a confluence of macroeconomic and geopolitical events
and uncertainties.

-Our global natural gas futures and options volumes increased 31% and 35% for the six months and three months ended June 30, 2022respectively, compared to the comparable periods of 2021, due to increased price volatility related to geopolitical events, including the conflict in Ukraine in the first half of 2022.

-Our environmentals and other futures and options volume increased 1% for the
six months ended June 30, 2022 and decreased 13% for the three months ended
June 30, 2022, from the comparable periods in 2021, due in part to lower power
volumes and environmental options volumes in the second quarter of 2022 versus
the year ago period.

•Agricultural and Metals Futures and Options: Total volumes in our agricultural
and metals futures and options markets were flat for both the six months and
three months ended June 30, 2022 from the comparable periods in 2021 and
revenues increased 1% for the six months ended June 30, 2022 and decreased 1%
for the three months ended June 30, 2022, from the comparable periods in 2021.
In the second quarter of 2022, increased sugar, cocoa and cotton volumes were
offset by lower coffee volumes. Revenues increased in the first half of 2022 due
to elevated price volatility and price inflation driving an increased need to
manage risk across our commodity markets.

-Sugar futures and options volumes decreased 2% for the six months ended
June 30, 2022 and increased by 1% for the three months ended June 30, 2022compared to comparable periods in 2021.

-Other agricultural and metal futures and options volume increased 1% for the
six months ended June 30, 2022 from the comparable period in 2021 and decreased
1% for the three months ended June 30, 2022 from the comparable period in 2021.

•Financial Futures and Options: Total volumes in our financial futures and
options markets increased 1% and 7% for the six months and three months ended
June 30, 2022, respectively, from the comparable periods in 2021 and revenues
increased 35% and 50% for the six months and three months ended June 30, 2022,
respectively, from the comparable periods in 2021. The six months ended June 30,
2022 benefited from elevated volatility across global markets driven by
geopolitical events, central bank activity and inflationary concerns.

-Interest rate futures and options volume decreased 2% for the six months ended
June 30, 2022 and increased 4% for the three months ended June 30, 2022, from
the comparable periods in 2021, and revenue increased 48% and 66% for the six
months and three months ended June 30, 2022, respectively, from the comparable
periods in 2021. The decrease in volume is due to the transition of the
LIBOR-based Sterling contract to the alternative rate-based SONIA contract which
is half the notional size of the Sterling contract. Adjusting for the difference
in contract size, interest rate volumes increased 22% and 25% for the six months
and three months ended June 30, 2022, respectively, from the comparable periods
in 2021, driven by interest rate volatility and increased speculation of central
bank activity due to inflation concerns. Interest rate futures and options
revenues were $158 million and $108 million for the six months ended June 30,
2022 and 2021, respectively, and $76 million and $46 million for the three
months ended June 30, 2022 and 2021, respectively.

-Other financial futures and options volume, which includes our MSCI®, FTSE® and
NYSE FANG+ equity index products, increased 16% and 26%, for the six months and
three months ended June 30, 2022, respectively, from the comparable periods in
2021. Financial futures and options revenue increased 18% and 29% for the six
months and three months ended June 30, 2022, respectively, from the comparable
periods in 2021. The six months ended June 30, 2022 benefited from elevated
volatility across global markets driven by geopolitical events, central bank
activity and inflationary concerns. Other financial futures and options revenues
were $95 million and $80 million for the six months ended June 30, 2022 and
2021,
                                       41
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respectively and $47 million and $37 million for the three months ended June 30, 2022 and 2021, respectively.

•Cash Equities and Equity Options: Cash equities volume increased 2% and 17% for
the six months and three months ended June 30, 2022, respectively, from the
comparable periods in 2021 due to higher total market volumes driven by elevated
volatility related to inflationary and recessionary concerns. Cash equities
revenues, net of transaction-based expenses, were $147 million and $130 million
for the six months ended June 30, 2022 and 2021, respectively, and $74 million
and $59 million for the three months ended June 30, 2022 and 2021, respectively.
Equity options volume increased 15% and 25% for the six months and three months
ended June 30, 2022, respectively, from the comparable periods in 2021 driven by
increased market share. Equity options revenues, net of transaction-based
expenses, were $51 million and $57 million for the six months ended June 30,
2022 and 2021, respectively, and $25 million and $26 million for the three
months ended June 30, 2022 and 2021, respectively.

•OTC and Other: OTC and other transactions include revenues from our OTC energy
business and other trade confirmation services, as well as interest income on
certain clearing margin deposits, regulatory penalties and fines, fees for use
of our facilities, regulatory fees charged to member organizations of our U.S.
securities exchanges, designated market maker service fees, exchange membership
fees and agricultural grading and certification fees. Our OTC and other revenues
increased 32% and 39% for the six months and three months ended June 30, 2022,
respectively, from the comparable periods in 2021 primarily due to an increase
in interest income on clearing margin deposits. Following the October 2021 Bakkt
transaction, Bakkt revenues are no longer included within our OTC and other
revenues.

•Data and Connectivity Services: Our data and connectivity services revenues
increased 4% for both the six months and three months ended June 30, 2022 from
the comparable periods in 2021. The increase in revenue was driven by the strong
retention rate of existing customers, the addition of new customers and
increased purchases by existing customers.

•Listings Revenues: Through NYSE, NYSE American and NYSE Arca, we generate
listings revenue related to the provision of listings services for public
companies and ETFs, and related corporate actions for listed companies. Listings
revenues increased 12% and 10% for the six months and three months ended
June 30, 2022, respectively, from the comparable periods in 2021, driven by the
full impact of strong equity capital markets activity in 2021. All listings fees
are billed upfront and revenues are recognized over time as the identified
performance obligations are satisfied.
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Selected operating data

The following charts and tables present trading activity in our futures and options markets by commodity type based on the total number of contracts traded, as well as the futures and options rate per contract (in millions, except for percentages and rate by contract amount and YTD represents six-month periods ending June 30):

Volume and rate per contract

[[Image Removed: ice-20220630_g13.jpg]][[Image Removed: ice-20220630_g14.jpg]][[Image Removed: ice-20220630_g15.jpg]]

                                      Six Months Ended June 30,                             Three Months Ended June 30,
                                        2022             2021              Change              2022             2021             Change
Number of contracts traded (in
millions):
Energy futures and options                399             381                    5  %            177             175                  2  %
Agricultural and metals futures and
options                                    52              51                    -                26              25                  -
Financial futures and options             328             325                    1               158             148                  7
Total                                     779             757                    3  %            361             348                  4  %

                                      Six Months Ended June 30,                             Three Months Ended June 30,
                                        2022             2021              Change              2022             2021             Change
Average daily volume of contracts
traded
(in thousands):
Energy futures and options              3,221           3,070                    5  %          2,862           2,774                  3  %
Agricultural and metals futures and
options                                   416             417                    -               416             409                  2
Financial futures and options           2,599           2,587                    -             2,523           2,342                  8
Total                                   6,236           6,074                    3  %          5,801           5,525                  5  %

                                      Six Months Ended June 30,                             Three Months Ended June 30,
                                        2022             2021              Change              2022             2021             Change
Rate per contract:
Energy futures and options           $   1.55          $ 1.53                    1  %       $   1.49          $ 1.57                 (5) %
Agricultural and metals futures and
options                              $   2.37          $ 2.34                    1  %       $   2.36          $ 2.39                 (1) %
Financial futures and options        $   0.76          $ 0.57                   35  %       $   0.77          $ 0.55                 41  %




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Open interest is the aggregate number of contracts (long or short) that clearing
members hold either for their own account or on behalf of their clients. Open
interest refers to the total number of contracts that are currently "open," - in
other words, contracts that have been entered into but not yet liquidated by
either an offsetting trade, exercise, expiration or assignment. Open interest is
also a measure of the future activity remaining to be closed out in terms of the
number of contracts that members and their clients continue to hold in the
particular contract and by the number of contracts held for each contract month
listed by the exchange. The following charts and table present our quarter-end
open interest for our futures and options contracts (in thousands, except for
percentages):

       Open Interest

[[Image Removed: ice-20220630_g16.jpg]][[Image Removed: ice-20220630_g17.jpg]][[Image Removed: ice-20220630_g18.jpg]]

                                                      As of June 30,
                                                  2022                2021  

To change

Open interest - in thousands of contracts:
Energy futures and options                      43,985               44,602         (1) %
Agricultural and metals futures and options      3,519                3,654         (4)
Financial futures and options                   28,129               32,758        (14)
Total                                           75,633               81,014         (7) %


The following charts and tables present selected cash and equity options trading
data. All trading volume below is presented as average net daily trading volume,
or ADV, and is single counted and YTD represents the six-month periods ended
June 30th:
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                                            Six Months Ended June 30,                                        Three Months Ended June 30,
                                            2022                  2021                 Change                2022                  2021                 Change
NYSE cash equities (shares in
millions):
Total cash handled volume                     2,606                 2,557                    2  %              2,591                 2,206                    17  %
 Total cash market share matched               20.1  %               19.9  %              0.2 pts               20.2  %               20.5  %          

(0.3 points)

NYSE equity options (contracts in
thousands):
NYSE equity options volume                    7,937                 6,909                   15  %              7,647                 6,113                    25  %
Total equity options volume                  38,350                37,272                    3  %             36,672                34,580                     6  %
 NYSE share of total equity options            20.7  %               18.5  %              2.2 pts               20.9  %               17.7  %          

3.2 points

Revenue capture or rate per contract:
Cash equities rate per contract (per
100 shares)                                     $0.046                $0.041                11  %                $0.047                $0.043                  9  %
Equity options rate per contract                 $0.05                 $0.07               (23) %                 $0.05                 $0.07      

(23)%


Handled volume represents the total number of shares of equity securities, ETFs
and crossing session activity internally matched on our exchanges or routed to
and executed on an external market center. Matched volume represents the total
number of shares of equity securities, ETFs and crossing session activity
executed on our exchanges.

Transaction-based expenses

Our equities and equity options markets pay fees to the SEC pursuant to
Section 31 of the Exchange Act. Section 31 fees are recorded on a gross basis as
a component of transaction and clearing fee revenue. These Section 31 fees are
assessed to recover the government's costs of supervising and regulating the
securities markets and professionals and are subject to change. We, in turn,
collect corresponding activity assessment fees from member organizations
clearing or settling trades on the equities and options exchanges, and recognize
these amounts in our transaction and clearing revenues when invoiced. The
activity assessment fees are designed to equal the Section 31 fees. As a result,
activity assessment fees and the corresponding Section 31 fees do not have an
impact on our net income, although the timing of payment by us will vary from
collections. Section 31 fees were $174 million and $166 million for the six
months ended
                                       45
--------------------------------------------------------------------------------

June 30, 2022 and 2021, respectively, and $123 million and $41 million for the
three months ended June 30, 2022 and 2021, respectively. The increase in Section
31 fees was primarily due to an increase in rates. The fees we collect are
included in cash at the time of receipt and we remit the amounts to the SEC
semi-annually as required. The total amount is included in accrued liabilities
and was $172 million as of June 30, 2022.

We make liquidity payments to cash and options trading customers, as well as
routing charges made to other exchanges which are included in transaction-based
expenses. We incur routing charges when we do not have the best bid or offer in
the market for a security that a customer is trying to buy or sell on one of our
securities exchanges. In that case, we route the customer's order to the
external market center that displays the best bid or offer. The external market
center charges us a fee per share (denominated in tenths of a cent per share)
for routing to its system. We record routing charges on a gross basis as a
component of transaction and clearing fee revenue. Cash liquidity payments,
routing and clearing fees were $985 million and $893 million for the six months
ended June 30, 2022 and 2021, respectively, and $476 million and $386 million
for the three months ended June 30, 2022 and 2021, respectively.

Operating expenses, operating income and operating margin

The following chart summarizes our Exchanges segment's operating expenses,
operating income and operating margin (dollars in millions). See "- Consolidated
Operating Expenses" below for a discussion of the significant changes in our
operating expenses.

Exchanges Segment:                       Six Months Ended June 30,                                   Three Months Ended June 30,
                                           2022                2021              Change                 2022                2021             Change
Operating expenses                   $       603            $   647                   (7) %       $      304             $  326                   (7) %
Adjusted operating expenses(1)       $       570            $   600                   (5) %       $      287             $  302                   (5) %
Operating income                     $     1,485            $ 1,236                   20  %       $      701             $  583                   20  %
Adjusted operating income(1)         $     1,518            $ 1,283                   18  %       $      718             $  607                   18  %
Operating margin                              71    %            66   %               5 pts               70     %           64   %               6 pts
Adjusted operating margin(1)                  73    %            68   %               5 pts               71     %           67   %               4 pts





























(1) The adjusted figures exclude items that are not reflective of our ongoing
core operations and business performance. These adjusted numbers are not
calculated in accordance with U.S. GAAP. See "- Non-GAAP Financial Measures"
below.
                                       46
--------------------------------------------------------------------------------

Fixed Income and Data Services Sector

The following charts and tables present our key income statement data for our Fixed Income and Data Services segment (in millions of dollars and year-to-date represents the six-month periods ended June 30):

                    [[Image Removed: ice-20220630_g23.jpg]]

[[Image Removed: ice-20220630_g24.jpg]][[Image Removed: ice-20220630_g25.jpg]][[Image Removed: ice-20220630_g26.jpg]][[Image Removed: ice-20220630_g27.jpg]]




(1) The adjusted figures in the charts above are calculated by excluding items
that are not reflective of our cash operations and core business performance. As
a result, these adjusted numbers are not calculated in accordance with U.S.
GAAP. See "- Non-GAAP Financial Measures" below.
                                       47
--------------------------------------------------------------------------------
                                          Six Months Ended June 30,                                  Three Months Ended June 30,
                                             2022               2021              Change                2022                2021               Change
Revenues:
Fixed income execution                 $          40          $  27                   46  %       $           25          $   13                   84  %
CDS clearing                                     138             93                   48                      66              38                   72
Fixed income data and analytics                  551            532                    4                     274             268                    3
Fixed income and credit                          729            652                   12                     365             319                   14
Other data and network services                  292            274                    7                     147             139                    6
Revenues                                       1,021            926                   10                     512             458                   12
Other operating expenses                         516            500                    3                     252             251                    1

Depreciation and amortization                    176            172                    2                      86              86                   (1)

Operating expenses                               692            672                    3                     338             337                    -
Operating income                       $         329          $ 254                   29  %       $          174          $  121                   43  %

Recurring revenues                     $         843          $ 806                    5  %       $          421          $  407                    4  %
Transaction revenues                   $         178          $ 120                   48  %       $           91          $   51                   75  %

In the table above, we consider fixed income data and analytics revenue and other data and network services revenue as recurring revenue.

For the six months ended June 30, 2022 and 2021, 12% and 14%, respectively, of
our Fixed Income and Data Services segment revenues were billed in pounds
sterling or euros and for the three months ended June 30, 2022 and 2021, 12% and
14%, respectively, of our Fixed Income and Data Services segment revenues were
billed in pounds sterling or euros. As the pound sterling or euro exchange rate
changes, the U.S. equivalent of revenues denominated in foreign currencies
changes accordingly. Due to the fluctuations of the pound sterling and euro
compared to the U.S. dollar, our Fixed Income and Data Services revenues were
lower by $11 million and $8 million for the six months and three months ended
June 30, 2022, respectively, than the comparable periods in 2021.

Revenues from fixed income securities and data services

Our Fixed Income and Data Services revenues increased 10% and 12% for the six
months and three months ended June 30, 2022, respectively, from the comparable
periods in 2021. The increase in revenue was primarily due to strength in our
fixed income execution and CDS clearing businesses due to elevated volatility
across global markets driven by geopolitical events, central bank activity and
inflationary concerns as well as increased market share.

•Fixed Income Execution: Fixed income execution includes revenues from ICE
Bonds. Execution fees are reported net of rebates, which were nominal for both
the six months and three months ended June 30, 2022 and 2021. Our fixed income
execution revenues increased 46% and 84% for the six months and three months
ended June 30, 2022, respectively, from the comparable periods in 2021, due to
elevated volatility across global markets driven by geopolitical events, central
bank activity and inflationary concerns.

•CDS Clearing: CDS clearing revenues increased 48% and 72% for the six months
and three months ended June 30, 2022, respectively, from the comparable periods
in 2021. The notional value of CDS cleared was $13.6 trillion and $8.1 trillion
for the six months ended June 30, 2022 and 2021, respectively, and $5.9 trillion
and $3.1 trillion for the three months ended June 30, 2022 and 2021,
respectively. The increases in the notional value of CDS cleared were primarily
driven by heightened volatility related to geopolitical events and inflationary
concerns.

•Fixed Income Data and Analytics: Our fixed income data and analytics revenues
increased 4% and 3% for the six months and three months ended June 30, 2022,
respectively, from the comparable periods in 2021. The increase in revenue was
due to strength in our index business and continued growth in our pricing and
reference data business driven by the strong retention rate of existing
customers, the addition of new customers and increased purchases by existing
customers.

•Other Data and Network Services: Our other data and network services revenues
increased 7% and 6% for the six months and three months ended June 30, 2022,
respectively, from the comparable periods in 2021. The increase in revenues was
driven primarily by growth in our ICE Global Network offering, coupled with
strength in our consolidated feeds and stronger desktop revenues.
                                       48
--------------------------------------------------------------------------------

Annual Subscription Value, or ASV, represents, at a point in time, the data
services revenues, which includes Fixed Income Data and Analytics as well as
other data and network services, subscribed for the succeeding 12 months. ASV
does not include new sales, contract terminations or price changes that may
occur during that 12-month period. However, while it is an indicative
forward-looking metric, it does not provide a precise growth forecast of the
next 12 months of data services revenues.

As of June 30, 2022, ASV was $1.682 billion, which increased 5.0% compared to
the ASV as of June 30, 2021. ASV represents nearly 100% of total data services
revenues for this segment. This does not adjust for year-over-year foreign
exchange fluctuations.

Operating expenses, operating income and operating margin

The following table summarizes operating expenses, operating income and operating margin (in millions of dollars) for our Fixed Income and Data Services segment. See “- Consolidated Operating Expenses” below for a discussion of significant changes in our operating expenses.

Fixed Income and Data Services
Segment:                                 Six Months Ended June 30,                                  Three Months Ended June 30,
                                           2022                2021              Change                2022                2021                Change
Operating expenses                   $      692             $   672                   3  %       $      338             $  337                      -  %
Adjusted operating expenses(1)       $      599             $   581                   3  %       $      294             $  291                      1  %
Operating income                     $      329             $   254                  29  %       $      174             $  121                     43  %
Adjusted operating income(1)         $      422             $   345                  22  %       $      218             $  167                     31  %
Operating margin                             32     %            27   %              5 pts               34     %           26   %                 8 pts
Adjusted operating margin(1)                 41     %            37   %              4 pts               43     %           36   %                 7 pts






















(1) The adjusted figures exclude items that are not reflective of our ongoing
core operations and business performance. These adjusted numbers are not
calculated in accordance with U.S. GAAP. See "- Non-GAAP Financial Measures"
below.
                                       49
--------------------------------------------------------------------------------

Mortgage technology segment

The following charts and table present our selected statements of income data
for our Mortgage Technology segment (dollars in millions and YTD represents the
six-month periods ended June 30th):

                    [[Image Removed: ice-20220630_g28.jpg]]

[[Image Removed: ice-20220630_g29.jpg]][[Image Removed: ice-20220630_g30.jpg]]

[[Image Removed: ice-20220630_g31.jpg]][[Image Removed: ice-20220630_g32.jpg]]



(1) The adjusted figures in the charts above are calculated by excluding items
that are not reflective of our cash operations and core business performance. As
a result, these adjusted numbers are not calculated in accordance with U.S.
GAAP. See "- Non-GAAP Financial Measures" below.
                                       50
--------------------------------------------------------------------------------

                                             Six Months Ended June 30,                              Three Months Ended June 30,
                                                2022               2021             Change            2022              2021                Change*
Revenues:
Origination technology                              399            495               (19)%              196               241                (19)%
Closing solutions                                   134            139                (3)                64                69                 (6)
Data and analytics                                   44             36                21                 24                18                  37
Other                                                27             25                 8                 13                12                  4
Revenues                                            604            695               (13)               297               340                 (13)
Other operating expenses                            280            266                 5                140               136                  3
Acquisition-related transaction and
integration costs                                    61             18                260                53                 5                 n/a
Depreciation and amortization                       216            210                 3                110               104                  6
Operating expenses                                  557            494                13                303               245                  24
Operating income/(loss)                   $          47          $ 201               (77)%         $     (6)         $     95                (107)%

Recurring revenues                        $         316          $ 261                21%          $    160          $    136                 18%
Transaction revenues                      $         288          $ 434               (34)%         $    137          $    204                (33)%

*Percentage changes in the table above considered “n/a” are not significant.

In the table above, we consider subscription fee and certain other revenues to
be recurring revenues. Each revenue classification, above, contains a mix of
recurring and transaction revenues, based on the various service offerings
described in more detail, below.

Mortgage Technology Revenue

Our mortgage technology revenues are derived from our comprehensive, end-to-end
U.S. residential mortgage platform. Our mortgage technology business is intended
to enable greater workflow efficiency for customers focused on originating U.S.
residential mortgage loans. Mortgage technology revenues decreased $91 million
and $43 million for the six months and three months ended June 30, 2022 from the
comparable periods in 2021 due to lower mortgage origination volumes.

•Origination technology: Our origination technology acts as a system of record
for the mortgage transaction, automating the gathering, reviewing, and verifying
of mortgage-related information and enabling automated enforcement of rules and
business practices designed to help ensure that each completed loan transaction
is of high quality and adheres to secondary market standards. These revenues are
based on recurring Software as a Service, or SaaS, subscription fees, with an
additive transaction-based or success-based pricing fee as lenders exceed the
number of loans closed that are included with their monthly base subscription.

In addition, the ICE Mortgage Technology network provides originators
connectivity to the mortgage supply chain and facilitates the secure exchange of
information between our customers and a broad ecosystem of third-party service
providers, as well as lenders and investors that are critical to consummating
the millions of loan transactions that occur on our origination network each
year. Revenue from the ICE Mortgage Technology network is largely
transaction-based.

•Closing solutions: Our closing solutions connect key participants, such as
lenders, title and settlement agents and individual county recorders, to
digitize the closing and recording process. Closing solutions also include
revenues from our Mortgage Electronic Registrations Systems, Inc., or MERS
database, which provides a system of record for recording and tracking changes
and servicing rights and beneficial ownership interests in loans secured by U.S.
residential real estate. Revenues from closing solutions are largely
transaction-based.

•Data and Analytics: Revenues include those related to ICE Mortgage Technology's
Automation, Intelligence, Quality, or AIQ, offering which applies machine
learning to the entire loan origination process, offering customers greater
efficiency by streamlining data collection and validation through our automated
document recognition and data extraction capabilities. AIQ revenues can be both
recurring and transaction-based in nature. In addition, our data offerings
include real-time industry and peer benchmarking tools, which provide
originators a granular view into the real-time trends of nearly half the U.S.
residential mortgage market. We also provide a Data as a Service, or DaaS,
offering through private data clouds for lenders to access their own data and
origination information. Revenues related to our data products are largely
subscription-based and recurring in nature.

•Other: Other income includes fees for professional services, as well as income from ancillary products. Other revenue can be both recurring and transaction-based.

                                       51
--------------------------------------------------------------------------------

Operating expenses, operating income/(loss) and operating margin

The following table summarizes the operating expenses, operating profit/(loss) and operating margin (in millions of dollars) for our Mortgage Technology segment. See “- Consolidated Operating Expenses” below for a discussion of significant changes in our operating expenses.

Mortgage Technology Segment:                  Six Months Ended June 30,                                      Three Months Ended June 30,
                                                2022                2021                 Change*                2022                2021                 Change
Operating expenses                        $      557             $   494                   13%            $      303             $   245                  24%
Adjusted operating expenses(1)            $      317             $   292                   9%             $      159             $   151                   6%
Operating income/(loss)                   $       47             $   201                  (77)%           $       (6)            $    95                 (107)%
Adjusted operating income(1)              $      287             $   403                  (29)%           $      138             $   189                 (27)%
Operating margin                                   8     %            29   %            (21 pts)                  (2)    %            28   %            (30 pts)
Adjusted operating margin(1)                      47     %            58   %            (11 pts)                  46     %            56   %            (10 pts)










































(1) Adjusted figures exclude items that do not reflect our ongoing core business and business performance. These adjusted figures are not calculated in accordance with GAAP. See “- Non-GAAP Financial Measures”

                                       52
--------------------------------------------------------------------------------

Consolidated operating expenses

The following table shows our consolidated operating expenses (in millions of dollars and YTD represents the six-month periods ended June 30):

                    [[Image Removed: ice-20220630_g33.jpg]]

                                                Six Months Ended June 30,                                  Three Months Ended June 30,
                                                  2022                2021                Change              2022             2021                Change
Compensation and benefits                   $         714          $   719                     (1) %       $    355          $  365                    (3) %
Professional services                                  69               81                    (15)               35              37                    (7)
Acquisition-related transaction and
integration costs                                      62               28                    121                53              10                   435
Technology and communication                          344              327                      5               169             165                     3
Rent and occupancy                                     41               41                      1                20              20                     4
Selling, general and administrative                   112              111                      1                57              60                    

(4)

Depreciation and amortization                         510              506                      1               256             251                     2
Total operating expenses                    $       1,852          $ 1,813                      2  %       $    945          $  908                     4  %


The majority of our operating expenses do not vary directly with changes in our
volume and revenues, except for certain technology and communication expenses,
including data acquisition costs, licensing and other fee-related arrangements
and a portion of our compensation expense that is tied directly to our data
sales or overall financial performance.

We expect our operating expenses to increase in absolute terms in future periods
in connection with the growth of our business, and to vary from year-to-year
based on the type and level of our acquisitions, integration of acquisitions and
other investments.

For the two months ended June 30, 2022 and 2021, 10% of our operating expenses were invoiced in pounds sterling or euros, and for the two quarters ended June 30, 2022 and 2021, 10% of our operating expenses were invoiced in

                                       53
--------------------------------------------------------------------------------

pounds sterling or euros. Due to fluctuations in the U.S. dollar compared to the
pound sterling and euro, our consolidated operating expenses were $14 million
and $11 million lower during the six months and three months ended June 30,
2022, respectively, than in the comparable periods in 2021. See Item 3 "-
Quantitative and Qualitative Disclosures About Market Risk - Foreign Currency
Exchange Rate Risk" below for additional information.

Compensation and benefits expenses

Compensation and benefits expense is our most significant operating expense and
includes non-capitalized employee wages, bonuses, non-cash or stock
compensation, certain severance costs, benefits and employer taxes. The bonus
component of our compensation and benefits expense is based on both our
financial performance and individual employee performance. The performance-based
restricted stock compensation expense is also based on our financial
performance. Therefore, our compensation and benefits expense will vary
year-to-year based on our financial performance and fluctuations in our number
of employees. The below chart summarizes the significant drivers of our
compensation and benefits expense results for the periods presented (dollars in
millions, except employee headcount).

                                         Six Months Ended June 30,                                       Three Months Ended June 30,
                                           2022                 2021                Change                  2022                 2021                Change
Employee headcount                            8,936            9,088                     (2) %
Stock-based compensation expenses    $           73          $    71                      3  %       $            36          $    36                      1  %


Headcount decreased due to a reduction of 479 employees from Bakkt following its deconsolidation, partially offset by the hiring of 373 additional employees in India.

Compensation and benefits expense decreased $5 million and $10 million for the
six months and three months ended June 30, 2022, respectively, primarily due to
$32 million and $18 million in expense related to Bakkt during the six months
and three months ended June 30, 2021, respectively, prior to deconsolidation.
This was partially offset by a $22 million and $6 million increase for the six
months and three months ended June 30, 2022, respectively, from the comparable
periods in 2021, related to additional headcount, increased commissions, merit
pay increases, and higher employee insurance costs. The stock-based compensation
expenses in the table above relate to employee stock option and restricted stock
awards and exclude stock-based compensation related to acquisition-related
transaction and integration costs.

Professional service fees

Professional services expense includes fees for consulting services received on
strategic and technology initiatives, temporary labor, as well as regulatory,
legal and accounting fees, and may fluctuate as a result of changes in our use
of these services in our business.

Professional services expenses decreased $12 million and $2 million for the six
months and three months ended June 30, 2022, from the comparable periods in
2021. During the six months and three months ended June 30, 2021, we incurred
$7 million and $3 million in expense related to Bakkt prior to deconsolidation.

Acquisition-related transaction and integration costs

We incurred $62 million and $53 million in acquisition-related transaction and
integration costs during the six months and three months ended June 30, 2022,
primarily due to legal and consulting expenses related to our pending
acquisition of Black Knight and our integration of Ellie Mae, Inc., or Ellie
Mae. We incurred $28 million and $10 million in acquisition-related transaction
costs for the six months and three months ended June 30, 2021, primarily related
to our integration of Ellie Mae and the Bakkt transaction.

We expect to continue to explore and pursue various potential acquisitions and
other strategic opportunities to strengthen our competitive position and support
our growth. As a result, we may incur acquisition-related transaction costs in
future periods.

Technology and communication expenses

Technology support services consist of costs for running our wholly-owned data
centers, hosting costs paid to third-party data centers and maintenance of our
computer hardware and software required to support our technology and
cybersecurity. These costs are driven by system capacity, functionality and
redundancy requirements. Communication expenses consist of costs or network
connections for our electronic platforms and telecommunications costs.
                                       54
--------------------------------------------------------------------------------

Technology and communications expense also includes fees paid for access to
external market data, licensing and other fee agreement expenses. Technology and
communications expenses may be impacted by growth in electronic contract volume,
our capacity requirements, changes in the number of telecommunications hubs and
connections with customers to access our electronic platforms directly.

Technology and communications expenses increased $17 million for the six months
ended June 30, 2022 from the comparable period in 2021, primarily due to
$11 million in increased hardware and software support costs, $12 million in
increased hosting costs and $4 million in increased data services costs,
partially offset by a $4 million decrease in license expense and $7 million in
expenses during the six months ended June 30, 2021 related to Bakkt prior to
deconsolidation.

Technology and communications expenses increased $4 million for the three months
ended June 30, 2022 from the comparable period in 2021, primarily due to
$6 million in increased hardware and software support costs, $4 million in
increased hosting costs and $2 million in increased data services costs,
partially offset by a $3 million decrease in license expense and $4 million in
expenses during the three months ended June 30, 2021 related to Bakkt prior to
deconsolidation.

Rent and Occupancy Expenses

Rent and occupancy expense relates to leased and owned property and includes
rent, maintenance, real estate taxes, utilities and other related costs. We have
significant operations located in the U.S., U.K., and India, with smaller
offices located throughout the world.

Rental and occupancy charges remained stable for the six months and the three months ended
June 30, 2022respectively, from the comparable periods in 2021.

Selling, general and administrative expenses

Selling, general and administrative expenses include marketing, advertising,
public relations, insurance, bank service charges, dues and subscriptions,
travel and entertainment, non-income taxes and other general and administrative
costs.

Selling, general and administrative expenses increased $1 million for the six
months ended June 30, 2022 from the comparable period in 2021 primarily due to
$10 million in increased marketing expenses and $9 million in increased travel
and entertainment expenses, offset by a $3 million decrease in listings expenses
and $14 million in expenses related to Bakkt during the six months ended
June 30, 2021, prior to the deconsolidation of Bakkt.

Selling, general and administrative expenses decreased $3 million for the three
months ended June 30, 2022, from the comparable period in 2021, primarily due to
$8 million in increased travel and entertainment expense, from the comparable
period in 2021, offset by $3 million in decreased listings expenses and
$8 million in expenses related to Bakkt during the three months ended June 30,
2021, prior to the deconsolidation of Bakkt.

Depreciation and amortization

Depreciation and amortization expense results from depreciation of long-lived
assets such as buildings, leasehold improvements, aircraft, hardware and
networking equipment, software, furniture, fixtures and equipment over their
estimated useful lives. This expense includes amortization of intangible assets
obtained in our acquisitions of businesses, as well as on various licensing
agreements, over their estimated useful lives. Intangible assets subject to
amortization consist primarily of customer relationships, trading products with
finite lives and technology. This expense also includes amortization of
internally-developed and purchased software over its estimated useful life.

We recorded amortization expenses on intangible assets acquired as part of our
acquisitions, as well as on other intangible assets, of $306 million and
$314 million for the six months ended June 30, 2022 and 2021, respectively, and
$153 million and $155 million for the three months ended June 30, 2022 and 2021,
respectively.

We recorded depreciation expenses on our fixed assets of $204 million and
$192 million for the six months ended June 30, 2022 and 2021, respectively, and
$103 million and $96 million for the three months ended June 30, 2022 and 2021,
respectively.
                                       55

————————————————– ——————————

© Edgar Online, source Previews

Invictus Energy: Request for listing of securities – IVZ

0

Quotation request for +securities

Summary of the announcement

Name of entity

INVICTUS ENERGY LTD

Type of news

New announcement

Date of this announcement

Thursday 04 August 2022

The +securities to be listed are:

+Securities issued as part of one or more transactions previously announced to the market in an Appendix 3B

Total number of +stocks to be listed

ASX + security

Number of +titles to

coded

Security description

be quoted

Date of issue

IVZ

REGULAR FULLY PAID

1,850,000

07/29/2022

See next page for full listing details

Quotation request for +securities

1 / 6

Quotation request for +securities

Part 1 – Entity and listing details

1.1 Entity name

INVICTUS ENERGY LTD

We (the entity named above) request +listing of the following +securities and accept the questions set out in Appendix 2A of the ASX Listing Rules.

1.2

Registered number type

Registration number

NBA

21150956773

1.3

ASX issuer code

IVZ

1.4 The announcement is

New announcement

1.5

Date of this announcement

08/04/2022

Quotation request for +securities

2 / 6

Quotation request for +securities

Part 2 – Type of problem

2.1 The securities to be listed are:

+Securities issued as part of one or more transactions previously announced to the market in an Appendix 3B

Details of previous Annex 3B:

Announcement date and

Ad Title

Selection of Annex 3B to submit a quote

Time

request

23-May-2022 10:15

New – Proposed issue of securities – IVZ

A location or other type of problem

2.3a.2 Are there other issuances of +securities still to take place to carry out the transaction(s) referred to in appendix 3B?

Yes

2.3a.3 Please provide details of other issues of securities + that have not yet taken place to complete the transaction(s) referred to in Annex 3B

Shares to be allocated to director Joe Mutizwa as approved at the general meeting of July 22, 2022

Quotation request for +securities

3 / 6

Quotation request for +securities

Part 3A – number and type of securities + to be quoted when the issue has already been notified to the ASX in an annex 3B

Investment Details

ASX + security code and description

IVZ: REGULAR FULLY PAID

Date of issue

29/7/2022

Release Schedule

Provide a schedule for the distribution of new +securities according to the categories indicated in the left column – including the number of beneficiaries and the total percentage of new +securities held by beneficiaries in each category.

Total percentage of +shares held

Number of +shares held

Number of holders

For example, to enter a value of 50%

please enter 50.00

1 – 1000

%

1,001

– 5,000

%

5,001

– 10,000

%

10,001 – 100,000

%

100,001 and more

%

Quotation request for +securities

4 / 6

Quotation request for +securities

Problem details

Number of +securities to be listed

1,850,000

Are the +securities issued for cash consideration?

Yes

In what currency is the cash consideration paid? What is the issue price per +share?

AUD – Australian Dollar

$0.20000000

Any other information that the entity wishes to provide on the +securities to be listed

Quotation request for +securities

5 / 6

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How a big law firm went bankrupt: Dewey’s president talks about a stunning disappearance

0
How a big law firm went bankrupt: Dewey’s president talks about a stunning disappearance

Steven Davis was about to turn his Manhattan law firm into a powerhouse. Then a recession hit, the company collapsed in a high-profile fireball, and Davis gave up his attorney’s license while facing criminal charges.

A decade after the meteoric fall of Dewey & Leboeuf, the former president of the mega firm wants to tell his side of the story.

“I feel a huge sense, really, that I owe all these people an apology,” Davis said in an interview, his first time on camera to discuss the company’s downfall. “At the end of the day, it was my responsibility. I have to accept it and I have to live with it.”

But Davis pushed back against the narrative of the company’s demise that emerged in the years that followed: It was the product of a corporate merger that overpaid star rainmakers even in the face of mounting financial problems.

“A lot of people have pointed out these [compensation] agreements and said, “That’s why the business fell apart,” Davis told Bloomberg Law for the short documentary “Steven Davis and the Rise and Fall of Dewey & LeBoeuf.” ” I do not believe that. I think the concept is actually what has held the company together. It was when people became concerned about whether these agreements would be honored that the company fell apart.

Watch: Steven Davis and the rise and fall of Dewey & LeBoeuf

Davis was among a group of Dewey executives facing criminal charges after the company went bankrupt in 2012, accused of falsifying financial information. He agreed to temporarily waive his attorney’s license to avoid being sued a second time after the case ended in a mistrial.

He now lives in London, where he works as a litigation funding consultant, and he has no plans to practice law again. Yet Davis will always be associated with Dewey, a 1,000-lawyer firm that once ranked among the nation’s 25 largest and whose collapse is now seen as a cautionary tale.

No ‘loyalty’, no ‘glue’

Davis led the 2007 combination of Dewey Ballantine and LeBoeuf, Lamb, Greene & MacRae, with ambitions for the New York-based company to rival big players like Skadden and Cleary Gottlieb. He was inspired by the 1980s merger that formed the British company “Magic Circle” Clifford Chance.

Davis said a pre-merger report from consulting firm McKinsey & Co. supported his view, finding the two companies compatible on billing rates and recruitment. The consultants also noted that the pair had relatively few conflicts with clients, limiting the negative impact of the merger, according to Davis.

Video: Watch the Bloomberg Law documentary, Steven Davis and the Rise and Fall of Dewey & LeBoeuf.

The Great Recession collapsed less than a year later. The financial crisis halted work in a number of areas and halted Dewey’s rise in its tracks.

Dewey’s lack of an established culture at the still-newly-merged company made it particularly vulnerable in an environment of declining revenue and cost-cutting, Davis said.

“We hadn’t built that loyalty and that glue into the organization to keep people together to see their way through the tough times,” he said.

Much of the blame has been targeted at Dewey’s strategy of attracting high-powered partners with big compensation packages – a feature that added more challenges as the company sought to tighten its belt.

Davis said the company’s deals with rainmakers mostly involved “target compensation agreements,” rather than guaranteed money. But he felt compelled to deliver on the targets, even in the face of mounting profit concerns, given the volume of business these attorneys were bringing in.

“Five percent of the partners produced almost 50% of the revenue and that group of 5% we couldn’t lose,” he said.

“Now, looking back, people might attack that and say, you know, that wasn’t fair,” Davis continued. “Everyone should have been treated the same. But we felt that as a brand new company, we didn’t have that luxury.

A wave of partner defections ensued, largely stemming from growing fears about the company’s ability to meet its financial commitments. Davis acknowledged that the partners’ salary dynamics have also created “hostility” within the firm about the haves and have-nots, and that lawyers are headed for the exit as salary concerns mount.

Dewey filed for bankruptcy in May 2012, just five years after the merger that created the company, with debt of $245 million and assets of $193 million. Davis was removed from his leadership role a month prior after word spread that a criminal investigation was underway.

Davis and former Dewey executives Joel Sanders and Stephen DiCarmine were later charged with more than 100 criminal counts stemming from an alleged scheme to deceive lenders.

Several former high-profile Dewey partners declined interview requests.

At a trial in 2015, a jury deadlocked on fraud and theft charges against the three executives and cleared them of falsifying business records. Sanders was the only convicted, for separate crimes of fraud and conspiracy, but he avoided jail time.

Davis called the lawsuits “totally inappropriate and unnecessary” and said the resulting reputational damage was “frankly irreparable”.

“I think in its brief existence the company has done some good things,” Davis said. “But it is a reality that all of that disappeared in the chaos and turmoil that resulted from the bankruptcy.”

Watch: Steven Davis and the rise and fall of Dewey & LeBoeuf

Josh Block and Andrew Satter contributed to this report.

G Sachs Hong Kong Top Picks List Based on ERLI (Table)

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Astoria Investments: Corporate Actions by Associate Directors

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ASTORIA INVESTMENTS LTD (Incorporated in the Republic of Mauritius) (Registration Number 129785 C1/GBL) SEM Stock Code: ATIL.N0000

JSE share code: ARA

ISIN: MU0499N00015

(“Astoria” Where “the company“)

Securities trading by an associate of directors

Pursuant to paragraph 3.63 of the JSE Limited listing requirements, shareholders are hereby notified that an associate of the directors of the Company has acquired Astoria shares. The details of the acquisitions are as follows:

Name of directors:

Pieter Gerhardt Viljoen

Johannes Cornelis van Niekerk

Partner’s name:

Caliber Investment Holdings (Pty) Ltd (“CIH”)

Relationship with partner:

Messrs. Viljoen and van Niekerk are directors and indirect

effective shareholders of the CIH

Nature and extent of interest:

Indirect benefit

Nature of the operation :

Acquisition on the market

Authorization obtained to process:

Yes

Transaction date:

July 29, 2022

Securities prices:

570.00 cents per share

Number and category of securities purchased:

4,999 common shares

Total value of securities:

R28,494.30

Transaction date:

August 1, 2022

Securities prices:

559.73 cents per share

Number and category of securities purchased:

10,709 common shares

Total value of securities:

R59,941.49

Astoria is listed on the Mauritius Stock Exchange and the JSE Alternative Exchange.

This notice is issued in accordance with Listing Rules SEM 11.3 and 11.17 and Rule 5(1) of the Securities Rules 2007 (Reporting Issuer Disclosure Requirements). The council accepts full responsibility for the accuracy of the information contained in this announcement.

August 2, 2022

Designated Councilor

Questco Corporate Advisory Proprietary Limited

What you need to know about the chemicals in your sunscreen

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Comment

Consumer Reports has no financial relationship with the advertisers of this site.

News reports have recently sounded the alarm about sunscreens. Last summer, several spray sunscreens were recalled after benzene, a known carcinogen, was detected in them. Other research has shown that some sunscreen ingredients can seep through your skin into your bloodstream, and the Food and Drug Administration has asked manufacturers for more data on their safety. And Hawaii has banned certain ingredients for fear they will damage ocean reefs.

With all of this, you might be wondering if sunscreen is still worth it.

The short answer: Absolutely. While there are real concerns about these issues, at this point the risks are more theoretical than proven. Regular use of sunscreen, on the other hand, clearly prevents skin cancers and saves lives. Some research suggests it can reduce the risk of melanoma, the most serious type of skin cancer, by around 50%.

Plus, you can make smart choices to ensure the sunscreens you choose for you and your family are safe and effective, and possibly better for the environment.

Why Your Sunscreen Isn’t Working

To help you with this effort, Consumer Reports tests dozens of sunscreens, identifying which ones work best and which ones don’t protect you as well. We also tested every aerosol sunscreen in our rankings for benzene: all were free of harmful chemicals. (Read “Benzene, a Known Carcinogen, Has Been Found in Some Aerosol Sunscreens, Deodorants, and Other Products” for more about benzene in aerosol personal care products.) We also dug deeper into the research and discussed with experts to understand the potential health risks and environmental health hazards posed by certain sunscreen ingredients. Here are the answers to some important questions.

Recent research has raised some concerns about chemical sunscreens — those that use one or more of a dozen chemical ingredients approved for use in the United States to filter out the sun’s harmful ultraviolet rays.

In 2019, the FDA announced that it wanted more information about the safety of these ingredients, including whether they are absorbed systemically – through the skin into the bloodstream. That’s partly because Americans now use far more sunscreen than in the past, and because today’s products contain more combinations and higher concentrations of ingredients.

Soon after, FDA scientists published studies showing that six common chemical ingredients – avobenzone, homosalate, octinoxate, octisalate, octocrylene and oxybenzone – do indeed enter the circulation. blood.

The FDA emphasizes that absorption does not mean these ingredients are unsafe. But the amounts taken were above levels that the FDA says would exempt them from safety testing, so more research is needed.

“The key question is whether this systemic absorption actually causes harm,” says Kathleen Suozzi, assistant professor of dermatology at Yale School of Medicine in New Haven, Connecticut.

A lab has found a carcinogen in dozens of sunscreens. Here’s what these findings really mean.

Definitive answers can take years. “Generating the kind of information the FDA wants is difficult, time-consuming and very expensive,” says Mark Chandler, president of ACT Solutions, which consults with sunscreen manufacturers and other cosmetics makers on formulation. some products.

Avoid chemical sunscreens?

The FDA, American Academy of Dermatology, and independent researchers say people don’t need to stop using chemical sunscreens.

“These UV filters have been used for years by millions of people, and there have been no noticeable systemic effects,” says Henry W. Lim, a leading sunscreen researcher and former chairman of the department. of Dermatology from Henry Ford Health in Michigan, who also consulted with sunscreen manufacturers. “I still feel very comfortable saying it’s a safe way to prevent skin cancer and other sun damage.”

But some of these chemicals may be more worrisome than others. “Oxybenzone and, to a lesser extent, octinoxate became the primary concerns,” Lim says.

This is mainly because preliminary animal research suggests that oxybenzone may interfere with hormone production, which could theoretically affect fertility, puberty, and thyroid function. But research on sunscreens that has been done in humans has not raised any major concerns. For example, although a 2020 review of 29 studies looking at the health effects of oxybenzone and octinoxate said more research was needed, it also failed to identify clear links with health issues.

Still, to play it safe, the American Academy of Pediatrics recommends parents not use sunscreens containing oxybenzone on children. And people of any age who want to avoid sunscreens containing either of these chemicals can easily do so because manufacturers now use them less often. Few sunscreens in our rankings contain oxybenzone and none contain octinoxate.

It is true that sunscreens containing titanium dioxide and zinc oxide, which work by creating a physical barrier on your skin, are not absorbed through the skin and do not enter the bloodstream.

Unfortunately, these mineral sunscreens might not be as effective as products with the most effective chemical filters, Chandler says. All of the mineral sunscreens CR tested appear near the middle or bottom of our ratings.

3.4 million Americans could be diagnosed with skin cancer in 2022

One possible reason: It takes a lot of titanium or zinc to create a product with a high SPF, Chandler says, and it’s hard to do that without making the sunscreen thick, slippery, and hard to scrub off. Also, the minerals sometimes clump together. in the product, so they don’t disperse evenly across the skin, leaving potential gaps in protection.

Try “reef safe” products?

Some research suggests that oxybenzone and octinoxate can threaten ocean reef corals and harm other marine species. So far, this connection has been mostly studied in high doses and in the lab, not in the real world. And in research on sunscreen chemicals in seawater, the amounts detected, even at popular beaches, are far below levels linked to harm in laboratory studies.

Still, the potential concern has prompted Hawaii, the US Virgin Islands and some other places to ban sunscreens containing either ingredient. And some sunscreen manufacturers are now labeling their products as “reef safe.” In most cases, the term is used when a product does not contain oxybenzone or octinoxate. But the FDA doesn’t regulate the term, so it doesn’t have a defined meaning.

So if you want a product without oxybenzone or octinoxate, your best bet is to check the ingredient list.

Does a spray or lotion work better?

Used correctly, both can do a good job.

But sprays can be tricky to apply. “The droplets can disperse through the air, making it easy to miss areas of your skin,” Lim says. To avoid this, spray sunscreen on the palm of your hand and then rub it in. It is best then to hold the nozzle just 2.5 cm from your skin, spray until you can see a film on your skin, then rub it in.

Also be careful not to inhale the spray, as the ingredients can irritate or even damage your lungs. (For this reason, CR experts say it’s best not to use sprays on children.) Spraying it in your hand also helps prevent inhalation. Never spray directly on your face and be careful when using sprays when it is windy. The spray may blow into your face and mouth, or scatter and not adequately cover your skin.

Skip the sunscreen if you cover up?

Not entirely. You still need it on exposed skin. Experts point to huge amounts of research linking sun exposure to around 90% of skin cancers and the proven effectiveness of sunscreens in blocking cancer-causing UV rays.

On rare occasions, people with dark skin can get skin cancer. But sunscreens won’t help.

But covering up means you can use a lot less sunscreen. For example, if you wear a long-sleeved swimsuit or lycra instead of a traditional bathing suit, you won’t need to apply sunscreen to your arms, back, and chest. This can reduce the amount of sunscreen you need to use on your body that could get on your skin or in the ocean.

Dermatologists say sunscreen should never be your only defense against UV rays. Try to avoid the sun at its peak, between 10 a.m. and 4 p.m. And when you are outside, especially during these hours, cover up, wear a wide-brimmed hat, and seek shade when possible.

Concerns about the absorption of sunscreen ingredients through the skin and into the bloodstream have prompted some researchers to search for alternatives, says Christopher Bunick, associate professor of dermatology at Yale School of Medicine.

Researchers are exploring formulas that encapsulate chemical sunscreen ingredients, which would hold them above the skin and provide protection without being absorbed.

It is also possible that some of the sunscreen ingredients used in Europe and Canada may be approved for use here. A few are stuck in the FDA approval process. “So it’s a ray of hope that we could eventually see [them] used in sunscreens in the United States,” says Lim.

Copyright 2022, Consumer Reports Inc.

Consumer Reports is an independent, nonprofit organization that works alongside consumers to create a fairer, safer and healthier world. CR does not endorse products or services and does not accept advertising. Learn more at ConsumerReports.org.

Elon Musk may sell more Tesla shares, his top spot on billionaire list may be short-lived: survey

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Tesla, Inc. TSLA CEO Elon Musk may end up not buying Twitter, Inc. TWTR but it could continue to offload its Tesla stake, Bloomberg MLIV Pulse survey results showed.

The survey polled 1,562 respondents, including portfolio managers and retail traders, and was conducted between July 25 and July 29, Bloomberg said.

Musk’s Twitter deal may not go through: About three-quarters of respondents expect Musk to walk away from the Twitter deal, and one-third believe the billionaire will settle by paying Twitter more than $1 billion. About 27% believe Musk will be ordered to pay the $1 billion breach fee.

Tesla’s Musk went public with a passive stake in Twitter in early April, then launched an offer to take Twitter private for $54.20 per share, or $44 billion in total. After waiting a while, Twitter relented and accepted Musk’s proposal, resulting in a deal.
Musk, however, backed out of the deal in mid-May, citing discrepancies in the number of spam accounts reported by the company. Twitter has taken legal action against Musk to enforce the agreement.

Musk’s stock sale can continue: Bloomberg’s survey showed that around 68% of respondents believe Musk will continue to sell his Tesla stake regardless of the outcome of the Twitter deal.

After a November poll asking subscribers for their recommendation on whether to sell Tesla stock, Musk disposed of his $15 million stake in Tesla. Following the Twitter deal, he sold an additional 9.4 million shares.

If the stock sale is accompanied by a definitive agreement to buy Twitter, Tesla stock could escape the brunt of the sale, said Steve Sosnick, chief strategist at Interactive Brokers, according to Bloomberg.

“A permanent end to Twitter would remove a distraction and theoretically allow Musk to focus more on Tesla,” he added.

Related Link: Elon Musk Says It’s Time To Move On From This Car Class, Here’s Why

The relative performance of Tesla Vs. Other megacaps: About a quarter of respondents expect higher returns for Microsoft Corporation MSFT, the investigation revealed. Almost the same proportion rooted for Amazon, Inc. AMZN generate better returns.

The share of respondents who expect to Alphabet, Inc. GOOGL GOOG and Apple Inc. AAPL to generate better returns were 21% and 18%, respectively.

Only 12.5% ​​of respondents thought Tesla’s relative returns would be better.

Musk’s top spot on the billionaires at risk list: More than half of those polled believe Musk will lose his top spot on the billionaire list by the end of 2023. The Tesla CEO has become the world’s richest man in 2021, capitalizing on the stock market rally of Tesla who increased his net worth.

About 33%, however, said Musk would retain the top spot until 2025 or later.

Shares of Tesla closed Friday’s session up 5.78% at $891.45, according to data from Benzinga Pro

Photo: Courtesy of NVIDIA Corporation on flickr

General practitioners at the “top of the medical hierarchy” crying out for respect

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We are at the top of the medical hierarchy. We coordinate care in all other medical specialties, and we are a medical specialty. We diagnose just about every condition and there needs to be a lot more respect for the complexity of what we’re treating. We need resources to be able to deliver on the promises our training has given us

GENERAL practice is at a tipping point, and in addition to fundamental reform of funding models, experts say attitudes towards general practice need to change, and are changing now.

With rising costs of caregiving (here, here and here), increasing the rate of physician burnout (here, here and here) and low number of people trained as general practitionersthere are repeated calls in the industry to abandon universal wholesale billing and fund primary care in a different way.

But it’s not just a question of money. General practitioners want in-depth changes for the sustainability of their profession.

“We need to celebrate our profession, we need to be respected,” said Dr David King, senior lecturer in general practice at the University of Queensland.

“We must be included in decisions about health care, and the nation must realize that we are the bedrock of health care in Australia, especially primary health care.”

Dr Karen Price, President of the Royal Australian College of GPs (RACGP) went further.

“There needs to be a total change in attitude towards general practice,” she said.

“We are at the top of the medical hierarchy. We coordinate care in all other medical specialties, and we are a medical specialty.

“We diagnose just about every condition and there needs to be a lot more respect for the complexity of what we are treating.

“We need resources to be able to deliver on the promise that our training has given us,” she said. Preview+.

Bulk billing is just the tip of the iceberg, but it’s a trick that’s getting a lot of attention.

“[The financial sustainability of general practice has] reach a tipping point. When interest rates hit 0.1% you can’t go any lower and once they go back up it will cause a crisis. That’s what happened with wholesale billing,” Dr. King said.

How did the primary care funding crisis start?

Many believe the primary care funding problems began in 2013, when the federal Labor government introduced a health insurance freeze as part of a savings plan. The coalition government extended the following year.

However, Dr King said general practice had been struggling for decades.

“In the decade leading up to that, there were a few years where GP rebates went up by half [Consumer Price Index (CPI)] while specialized discounts increased the full CPI.

“And in the decade before that, under the Hawke and Keating government, they tried to introduce a sharebut instead of adding it to the discount they were going to let us collect $5 which would have meant a pay cut due to the extra administration.

“General practice has been squeezed for decades,” he said.

The impact of universal wholesale billing on physicians

GPs see the implications of these poor decisions daily.

“I saw a patient on telehealth this morning and then had to do a few things, but I can only charge for more than 6 minutes,” Dr. King said. “For my 20 to 25 minutes of work, I earn $39 minus the facility fee… For the half hour of work, what did I earn?” $25 or more.

“It’s not really sustainable. And that’s the total cost, it’s not my salary… There’s no way I can sustain the practice,” Dr. King explained.

The implications of bulk billing are far-reaching for physicians and patients, Dr. Price said.

“General medicine is a private enterprise. We cannot afford to build buildings that have, for example, spare rooms for infectious diseases. We cannot afford to hire all the paramedical health personnel that may be needed to manage the complex chronic diseases that we are seeing more and more.

Funding also impacts the number of GPs who wish to enter the profession as they work for less income than other doctors.

The proportion of final year students the registration of general medicine as a first preference specialty fell to its lowest level since 2012 at 15.2%. At the same time, the GP workforce is aging – the proportion of GPs over the age of 65 fell from 11.6% in 2015 to 13.3% in 2019.

Fewer GPs are straining others who have to fill in the gaps. Burnout and fatigue are a common concern for GPs, according to the RACGP general medicine health of the nation report.

This is particularly evident in rural areas where there are even fewer GPs than in urban centres.

“Doctors need time to recover, but they also need time to hone,” Dr. Price said.

“Due to labor issues, they can’t leave their practice. What happens is people get burnt out after a while and leave that rural area, leaving the population without any access to general medical care,” Dr Price explained.

For many doctors, the only solution is to switch to a mixed billing model, a model supported by the RACGP.

“We made a online seminar (about moving to blended billing) and then we had the practice owners conference. It was one of the most popular webinars we’ve had in a long time, and the discussion is certainly still going strong on the forums.

“We are not trying to abandon those who cannot pay. We try to do a mixed billing approach so that we can always support them. But we have to keep the doors open. And if we want to keep the doors open, we’re going to have to charge some people for the gap,” Dr. Price explained.

The future of primary care

However, other experts want a more complete solution.

“I think we need to look just beyond Medicare rebates,” Dr. King said.

Funding models such as capitation or blended capitation have already been discussed and Are still.

“Other funding models for general practice are moving away from full fee-for-service,” Dr King said.

“Even moving back into nurse incentive practice can allow us to provide primary care more holistically with a team and still get paid for what we do. »

Dr. Price agreed that there needs to be a funding model that integrates other services.

“We need to look at different models like the ACCHOs (Indigenous Community Controlled Health Agencies) have done. They have a great model for aboriginal medical services. We have to look at centers like that in some of the lower socio-economic areas where they can’t afford a vacuum. We need to look at how this might work with access to physiotherapy, social work, occupational therapy and psychologists in an equitable and supported way.

“Currently, patients go to the hospital, which costs thousands of dollars, because that’s the only place a public patient who can’t afford gaps can really access paramedic health care. They can’t access it in the community,” Dr. Price explained.

Subscribe for free Preview+ weekly newsletter here. It is accessible to all readers, not just licensed physicians.

Mistakes Everyone Makes When Shopping on Etsy

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Etsy allows its sellers to set their own store policies. This includes returns, exchanges and cancellations. Depending on the product, “store” location and creation time, sellers may have different policies and it is important to read them before buying. However, Etsy has realized that when it comes to missing or damaged packages, it’s beyond the seller’s control, so they’ve launched a new purchase protection program, as noted on The Verge. This addition is part of their plan to improve customer service and ensure consumers have a pleasant shopping experience.

But when it comes to returns, exchanges and cancellations, you have to go through the seller for that. Read the policies carefully and, as previously stated, ask questions if you are unsure of anything. This is especially important for personalized items. If you receive a product that has the wrong personalization, you want to make sure you can exchange it for the correct one. While many sellers will be diligent about keeping their policies up to date and easy to read, some may accidentally skip this step. Protect yourself and read the policies carefully. If something is wrong, it probably isn’t, so trust your instincts. Chances are you can find a similar product from another seller with clearer policy statements.

Lotz: Government fees, rules and regulations need to be reviewed periodically | Opinion

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We seem to feel like all that is needed to fix our problems is to pass more government rules and regulations and charge fees. Just look at the attention to discussions about cannabis rules and regulations.

The Guam Fire Department has five pages of fine print for fees to charge, from handling hazardous materials to finishing pins or lanes. There is even a $195.00 charge for emergency ambulance transportation. Apparently, it’s wise to always have some cash on hand in case this service is needed. Seriously, there should be no charge for essential government services, which is clearly emergency ambulance transportation.






Lotz


Solid waste

Do our regulations and fees really work? For example, the Guam Solid Waste Management Authority expects us to visit their office or a transfer station to pay $4.00 for an excess waste tag for any trash can that does not fit in your trash can. Solid waste should be happy to pick up all the bags of waste, as the bags to throw in the boonies are free compared to $4.00. Since GSWA is an anonymous authority bound to operate on revenue generated, its focus has become revenue generation and not the cleanliness of the island.

Most recently, on July 2, 2022, GSWA placed a large advertisement in this newspaper proclaiming FREE disposal at its facilities for a detailed list of household hazardous waste and a detailed list of what GSWA will not accept. Do you know what’s on the list? When certain items are discarded after being picked up and traveled to a transfer station, your first instinct might unfortunately be to just dump those items along the way. GSWA should accept ALL household hazardous waste.







installation ordot 03.jpg

The Guam Solid Waste Authority’s Ordot facility is pictured July 29, 2022. The site closed services as an operational landfill in August 2011. The volume of leachate at the closed landfill is now so large that it no It’s not clear whether the current collection system at the landfill can handle it.




The final proposal is for the Office of the Chief Medical Examiner to impose various fees relating to deceased persons. These are offered as a human remains transportation fee of $175, a processing fee of $45, a daily storage fee of $38.50, $5.00 for a death certificate and possibly $35.00 autopsy fee. With Guam at the mercy of occasional off-island medical examiner visits, there could be significant cumulative costs for storage. The current unfortunate situation of the family who have been waiting nine months for the release of Michael Castro’s body should not be subject to these charges.

“Death and Taxes”

Since the cost of living in Guam is quite expensive, the cost of death would increase, and death does not prevent tax evasion. So the old adage that “nothing is certain except death and taxes” will certainly hold true. Seriously, on a family island, it’s pretty insulting to pay for grandma’s release from our government morgue. Government functions required for the deceased should not impose any costs on the deceased family.

When it comes to all of our government fees, I suspect there isn’t a single source of information for our government rules and regulations and fees – but there should be.

Essential government services should be funded from general government revenues, especially with reports that the government of Guam is inundated with millions of dollars due to massive federal COVID-19 assistance. The $50 million proposed by the Guam Visitors Bureau to be wasted on a “smart” park at Ypao Beach should be better spent on essential government services such as emergency ambulance transportation and medical examiner services in chief.

Finally, these fees, rules and regulations should be subject to periodic review by the public and the Legislative Assembly similar to the proposed review of existing laws.

Dave Lotz is a strong advocate for protecting Guam’s unique heritage; a savvy, lifelong hiking enthusiast and conservationist; and criticism of incompetent governments. He has resided in Guam since 1970 and retired from the Guam Department of Parks and Recreation, Andersen AFB Environmental Flight, and the National Park Service.

I’m a bra fitter and these are the biggest mistakes women make which means your lingerie wears out MUCH faster

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TIRED of your underwires constantly pushing into your chest or your bra straps losing their elasticity?

Well, according to a bra fitter, the reason your lingerie wears out so quickly could be entirely up to you.

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Bra expert Kimmay revealed the mistakes you make that cause your bras to wear out fasterCredit: TikTok/@hurraykimmay
She says you should never push your cups inward to store them

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She says you should never push your cups inward to store themCredit: TikTok/@hurraykimmay

Professional installer Kimmay, who is from the United States, took ICT Tac where she revealed the three mistakes women make when it comes to taking care of their cups.

Listing the first mistake, Kimmay explains that you should never fold one cup into the other to store it.

“It’s so bad for that mug,” she explains, “it’s just going to indent it, invert it, and ruin it.”

Her second tip is to avoid tying your bra in the front, then swinging it back and up the cups.

I'm plus size - my favorite bandeau bra is SO much better than Skims
I'm a bra fitter and people make the same mistake when they put them on

“It will stretch the band and it will also push the cups against the body and that’s the second reason the underwires stick out,” says Kimmay.

A commenter was quick to ask if they could adjust the move without damaging their bra.

They wrote, “I put mine upside down but I don’t turn the cups over. I keep them so they don’t do this. Is that ok?”

Kimmay was quick to reassure that this method is “much better”.

The third tip will be the biggest shock to most bra wearers, because Kimmay says you should never put your bras in the washing machine or dryer.

She explains, “Spinning at high heat doesn’t end well for your delicate bras or anything made of elastic.

Sea World's killer whale
I'm a fashion expert - how I make every dress fit me perfectly with 2 products

“Bras cost money so you want to help them last longer and if you take good care of them they will also feel more comfortable on your body for longer.”

Instead, Kimmay suggests washing bras by hand using a mild detergent in a sink, bucket or tub.

Likewise, you should avoid rotating your bra and turning the cups upside down.

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Likewise, you should avoid rotating your bra and turning the cups upside down.Credit: TikTok/@hurraykimmay

Exor Holding of the Agnelli family to list on the Amsterdam Stock Exchange

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MILAN- The Agnelli family’s holding company, Exor, is changing its public listing from the Milan Stock Exchange to the Amsterdam Stock Exchange.

The company, which is currently listed on Euronext in Milan, plans to move to Amsterdam to align with its legal structure.

No more WWD

Exor controls a wide range of companies ranging from car manufacturer Ferrari to fashion brand Shang Xia, which is owned by Hermès International. He also owns The Economist and Gedi Gruppo Editoriale, parent company of Italian newspaper La Repubblica.

It has been a Dutch-registered entity since 2016, although it maintains operations in Italy, including the fashion division of the Ferrari brand.

Listing in Amsterdam is currently pending approval by the Dutch Financial Markets Authority. It is expected to come into effect in mid-August when the common shares of Exor are transferred.

In the interim period leading up to the Milan delisting, the shares will be listed on both stock exchanges.

Exor has become a giant holding company, with a turnover of 136 billion euros in 2021 and a profit of 1.7 billion euros. Its revalued net assets amounted to 31 billion euros as of December 31, 2021.

On Friday, the holding also announced its intention to continue its buyback program announced in March. A second installment of up to €250 million will take place on Euronext Amsterdam and Euronext Milan.

Last year, Exor-owned Fiat Chrysler Automobiles and French automaker PSA completed their merger to form a company called Stellantis.

Stellantis includes brands ranging from Fiat and Alfa Romeo to Chrysler, Jeep, Peugeot, Citroën and Maserati. The merger was orchestrated by Chairman and CEO John Elkann, who has led the family holding company for 16 years.

Lately, the company has invested more in luxury. In 2020, he funneled around 80 million euros into Shang Xia, while last year he acquired a 24% stake in the Christian Louboutin brand.

It has also set up a partnership with The World-Wide Investment Company Ltd., which is owned by the Hong Kong Pao family. They created a new company called Nuo SpA to invest in excellence in consumer goods by supporting the global development of medium-sized Italian companies.

Although rumors have swirled around Exor or Ferrari’s possible interest in the Giorgio Armani group, both parties have ruled out speculation.

Last year, an Exor spokesperson told WWD that the holding “invests in individual companies, not industries, and in exceptional companies and founders who share common values, and where it can add value. value and create great companies It is the quality of the company, its team and its culture and its attractive prospects that are the main drivers of the decision to invest.

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Click here to read the full article.

Meet Neha Narkhede, Self-Taught Newbie on Hurun’s Richest Women List

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Neha Narkhede, co-founder of Silicon Valley-based data streaming platform Confluent, became the newest entrant to the 2021 Hurun Leading Wealthy Women List. The 38-year-old is the eighth richest on the list , ahead of Vandana Lal of Dr Lal PathLabs and behind Anu Aga and Meher Pudumjee of Thermax, at a net worth of Rs 13,380 crore. Narkhede is a self-taught entrepreneur.

Lal and Narkhede were the only two new faces in the list of richest women in India. The list, in its third annual iteration, is compiled by Kotak Private Banking, a division of Kotak Mahindra Bank Limited, and Hurun India, and contains the names of India’s richest women.

Raised in Pune, Narkhede studied her BSc in Engineering at the Pune Institute of Computer Technology (PICT), University of Pune. She received her master’s degree from the Georgia Institute of Technology. Joining Oracle and then LinkedIn as a Principal Software Engineer, Narkhede co-created the Apache Kafka open-source platform, which she used to co-create Confluent. Narkhede served as both chief technology officer and chief product officer at Confluent until 2020, and is now a member of the company’s board of directors.

Confluent currently has a market capitalization of $7 billion, having raised $880 million in its IPO last year. Narkhede was listed as one of the Innovators Under 35 by the Massachusetts Institute of Technology (MIT) in 2017, one of the World’s Top 50 Women in Technology in 2018, and one of the American autodidacts in 2022 by Forbes.

Roshni Nadar Malhotra, president of HCL Technologies, topped the list for the second consecutive year with a net worth of Rs 84,330 crore. Nykaa founder Falguni Nayar was the second richest on the list and the richest self-made woman, overtaking Biocon’s Kiran Mazumdar-Shaw for both titles.

(Edited by : Shoma Bhattacharjee)

First post: STI

MEDIACO HOLDING INC. : Notice of cancellation or non-compliance with a rule or standard for maintaining registration; Transfer of registration, unregistered sale of equity securities, submission of questions to a vote of securityholders (Form 8-K)

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Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
           Standard; Transfer of Listing;



As stated earlier, on April 1, 2022, MediaCo Holding Inc. (the “Company”) has received a deficiency letter (the “Nasdaq Letter”) from the Nasdaq Listing Qualifications Departmentadvising the Company that the Company was not in compliance with Nasdaq Listing Rule 5550(b)(3), which requires the Company to maintain net income from continuing operations of $500,000 from continuing operations during the last completed financial year, or during two of the last three completed financial years (the “minimum income requirement”), and also did not comply with any of the standards of listing alternatives, the market value of listed securities or equity.

Pursuant to the Nasdaq Letter, the Company had 45 calendar days from the date of the Nasdaq Letter to submit a plan to restore compliance, and has therefore submitted such a plan. The Nasdaq accepted the plan and granted an extension per August 31, 2022
for the Company to demonstrate compliance.

In its submission to Nasdaq, the company outlined initiatives that, when completed, would enable it to demonstrate and subsequently maintain compliance with minimum requirements. $2,500,000 capital requirement for continued listing. Specifically, the negotiated conversion of a substantial majority of outstanding Notes (collectively, the “SG Note”) issued to SG Broadcasting LLC
(“SG Broadcasting“) into Class A common stock of the Company (the “Note Conversion”). The conversion of the note was subject to the approval by the shareholders of the Company of the conversion of the portions of the SG note that the shareholders did not not previously approved As described in point 5.07 below, this approval was obtained at an extraordinary meeting of shareholders of the Company held on July 26, 2022 and the conversion of banknotes was consummated on
July 28, 2022. The conversion of the notes increases the equity of the company by approximately $29,874,000.

As of the date of this current report on Form 8-K, the company believes that it has regained compliance with the equity requirement based on the transactions and events described above. The Company understands that Nasdaq will continue to monitor the Company’s ongoing compliance with the capital requirement and, if at the time of its next periodic report under the Securities Exchange Act of 1934, as amended, the Company does not prove compliance, it may be subject to write-off.

Item 3.02 Unrecorded Sales of Equity securities.

As previously announced, the Company has already issued several convertible promissory notes in favor of SG Broadcasting. Under each of these promissory notes, SG Broadcasting exercised its right to convert the aggregate amount of the unpaid principal and accrued but unpaid interest of the Notes into an aggregate of 12,899,480 Class A common shares of the Company, the amount of which is equal to the unpaid principal and accrued but unpaid interest of each Note divided by the Conversion Price (as defined in such Notes) as determined in accordance with the terms and conditions of such Notes. The conversion was effective on July 28, 2022 and was made pursuant to the provisions of Section 4(2) of the Securities Act of 1933, as amended.

Section 5.07 Submission of Matters to a Vote of Securityholders.

On July 26, 2022, the Company held a special meeting of shareholders (the “Meeting”). At the meeting, shareholders of the Company voted on a proposal to approve the potential issuance of Class A shares in excess of 19.9% ​​of the number of outstanding common shares of the Company. The results of this vote, certified by the Assembly’s inspector of elections, appear below.

Proposal 1. Approval of the potential issuance of Class A shares in excess of 19.9% ​​of the number of outstanding common shares of the Company.

Votes For    Votes Against   Abstentions   Broker Non-Votes
55,044,216      14,101           436              -


————————————————– ——————————

© Edgar Online, source Previews

How to Save At-Risk Migratory Monarch Butterflies

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Image Credit Above: A monarch butterfly sits on a plant outdoors for the first time at Powell Gardens. It has just left its cocoon during the last day. (Annie Jennemann | Flat Earth)

Residents of Kansas City can play an important role in supporting increasingly endangered monarch butterflies as they migrate across North America each year.

The growing threat was highlighted when the International Union for Conservation of Nature (IUCN) announced the addition of the monarch to its Red List of Threatened Species as endangered on July 21.

Monarchs migrating through North America are expected to pass through the Kansas City area around September 10, according to Chip Taylor, director of Monarch Watch, an organization based at the University of Kansas at Lawrence. It takes them about a month to completely cross the area.

There are two types of monarch populations in North America. Western monarchs breed west of the Rocky Mountains and winter on the California coast. Eastern monarchs breed east of the Rocky Mountains and winter in Mexico.

Overwintering involves monarchs congregating in dense clusters in trees in a semi-dormant state, according to the Monarch Watch website.



Although the IUCN has changed the risk status of the migratory monarch, this does not change the status of the species in the United States.

In December 2020, the U.S. Fish and Wildlife Service issued a statement stating that adding monarchs to the list of threatened and endangered species was “warranted but precluded by work on higher priority listing actions”. The agency said the monarchs’ status will be reviewed annually.

“Now there are still a lot of monarchs, but the population is vulnerable. The numbers aren’t as good as they were in the past,” Taylor said.

Monarch butterflies play an important role in sustainability. As pollinators, monarch butterfly migration contributes to ecosystems that support flowers and food products.

But monarchs have been in danger for some time now, with several weather-related events occurring over the past two decades that Taylor called “disturbing.”

There were events in 2002, 2004, 2010 and 2016 at sites in Mexico where monarchs migrate for the winter where up to 80% were killed, Taylor said. The reason for these events is related to climate change.

“The Pacific Ocean is warming, absorbing much of the excess energy from other greenhouse gases that are reflected, preventing air from returning to space,” Taylor said.

Then, periodically, the humidity increases during the winter months. Sometimes it comes to Peru, Colombia or Central America, Taylor said. Other years it hits central Mexico, where the monarchs are found.

Humid air rises, cools and then rains while the monarchs sleep. Then the temperatures drop below zero, killing the butterflies in large numbers.

“So we haven’t had an event like this since 2016,” Taylor said. “And hopefully we won’t get another, but it’s likely we will. The population is really vulnerable.

Severe droughts and habitat loss have also contributed to making the monarch population vulnerable.

The largest decline in the monarch population occurred in 2013, Taylor said. In 2011, a drought occurred in the southern states, and in 2012, another drought occurred in the upper Midwest, where most monarchs are produced.



The impact of the 2012 drought included “catastrophic economic losses” in the agricultural sector, according to the National Weather Service. Warm temperatures in March caused an earlier start date for the growing season, which was followed by dry weather from April to June and record heat.

Monarch populations have rebounded from record lows, Taylor said, but the question remains whether these are lasting trends.

Help the monarchs

“That one just came out…” said Eric Perrette, chief horticulturist at Powell Gardens, describing a monarch butterfly in a mesh cube inside Powell Gardens. “See how he’s so fickle?”

Perrette knows the monarch is a male because of the markings on its hind wings. Males have thinner veins and pouches, while females have thicker veins and no pouches.


Chart showing how to identify male and female monarchs.

When monarchs first leave their cocoons, their wings are small and their abdomens are large. The newly born monarch will sit and pump fluid from its abdomen to its wings to grow.

Perrette raises both monarchs and swallowtail butterflies at Powell Gardens. Once the monarch has finished drying in the mesh cube, it will be placed outside.

The best way to support monarchs is to plant milkweed and nectar plants and create butterfly gardens, Taylor said.

LEFT: Eric Perrette holds a newborn monarch at Powell Gardens.  RIGHT: The newborn monarch sits on a piece of paper inside Powell Gardens.
LEFT: Eric Perrette holds a newborn monarch at Powell Gardens. RIGHT: The newborn monarch sits on a piece of paper inside Powell Gardens. (Annie Jennemann | Flat Earth)

Monarchs lay eggs on milkweed. Monarchs also need other sources of nectar.

There are a variety of types of milkweed ranging from tropical milkweed to native types of milkweed.

If you are raising milkweed plants, watch out for oleander aphids – a pest attracted to milkweed. Aphids are known for their large populations and weakening milkweed plants. They can be killed by mixing 1½ tablespoons of dish soap per gallon of water and spraying the plants, according to the Missouri Department of Conservation.

Perrette cautions against using this method if there are monarch eggs and caterpillars on the milkweed. Another way to get rid of aphids is to squeeze them with your fingers, Perrette said, if there are no caterpillars or eggs that could be injured.

Eric Perrette shows a milkweed plant covered in aphids.  The aphids observed on this milkweed are yellow and collected in large numbers on the leaves and stems.
Eric Perrette shows a milkweed plant covered in aphids. The aphids observed on this milkweed are yellow and collected in large numbers on the leaves and stems. (Annie Jennemann | Flat Earth)

To plant a butterfly garden, Perrette suggests grouping plants and flowers together in a confined space. This way, butterflies will be more likely to notice the garden.

“And then if it’s filled in, you shouldn’t have to pull weeds very often because your area is taken care of,” Perrette said.

Also, flowers are needed for every growing season in a butterfly garden. For spring, Perrette said geum is a plant for planting that is also a perennial, so it will bloom again every year. In the summer, purple coneflowers and blazing stars are some examples of perennials to plant.

Joe-pye weed plants are another perennial that’s good for filling space, Perrette said. They also come in a few different sizes. Other annuals to include in a butterfly garden can be lantanas, pentas, zinnias, or tithonia.

Perrette also noted that a yard or house isn’t necessary to support monarchs and other pollinators. You can install a potted milkweed and a potted nectar source outside your home.

“Whether you’re raising one butterfly or 10…you’re always helping out in some way,” Perrette said.

Annie Jennemann is a data journalism intern at Dow Jones. She is a graduate student at the University of Missouri.

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Pacific Edge: 2022 General Assembly

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PACIFIC EDGE

Annual meeting of shareholders

Fullwood Room

1 Harrop Street

Dunedin

July 28, 2022

IMPORTANT NOTICE AND DISCLAIMER

Important Notice

This presentation has been prepared by Pacific Edge Limited (PEL) solely to provide interested parties with additional information about PEL and its business as of the date of this presentation.

General information

onlyThe information contained in this presentation is of a general nature and does not purport to be complete or to contain all the information which a potential investor may need to evaluate a possible investment in PEL or which would be required in a product statement, prospectus or other document. for the purposes of the New Zealand Financial Markets Conduct Act 2013 (FMCA) or the Australian Companies Act. PEL is subject to a disclosure obligation which requires it to notify certain material information to NZX Limited (NZX) and ASX Limited (ASX) so that such information is made available to market participants and such information may be found in visiting www .nzx.com/companies/PEB and

usewww2.asx.com.au/markets/company/PEB. This presentation should be read in conjunction with the other periodic and ongoing PEL disclosure announcements aired at NZX and ASX.

Not an offer

This presentation is for informational purposes only and does not constitute an invitation or an offer of securities to subscribe, buy or sell in any jurisdiction where such an offer to buy or sell would not be authorized.

Not advice on financial products

personalThis presentation does not constitute legal, financial, tax, financial product or investment advice or a recommendation to acquire PEL securities, and has been prepared without regard to the objectives, financial situation or needs of investors. Before making an investment decision, prospective investors should consider the suitability of the information in relation to their own objectives, financial situation and needs and consult an NZX company, lawyer, accountant or other professional adviser if necessary.

Forward-looking statements

This presentation contains forward-looking statements that reflect PEL’s current beliefs with respect to future events. Forward-looking statements,

by their very nature, involve inherent risks and uncertainties. Many of these risks and uncertainties are beyond PEL’s control and could cause actual results to differ from those anticipated. Variations can be either materially positive or materially negative. The information is given only as of the date of this presentation. Except as required by law or regulation (including the NZX Listing Rules and the ASX Listing Rules), PEL undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. To the fullest extent permitted by law, the directors of PEL, PEL and any of its corporate bodies and affiliates, and their respective officers, partners, employees, agents, associates and advisers make no representations or warranties, express or implied, as to the accuracy, reliability or completeness of such information, or the likelihood of occurrence of any forward-looking statement or any event or result expressed or implied by any forward-looking statement, and disclaims any liability with respect to these forward-looking statements (including, without limitation, liability for negligence).

Financial datas

All dollar values ​​are in New Zealand dollars unless otherwise stated. This presentation should be read in conjunction with and subject to the explanations and opinions on the future outlook for market conditions, results and business given in the earnings and report announcements for the twelve months ended March 31, 2022.

Rounding effect

A number of figures, amounts, percentages, estimates, value calculations and fractions in this presentation are subject to the effect of rounding. Accordingly, the actual calculation of these figures may differ from the figures presented in this presentation.

Past performance

Investors should note that past performance, including past share price performance, cannot be taken as an indicator of (and does not provide any guidance as to) the future performance of the PEL, including future financial condition. or share price performance.

Investment risk

An investment in securities of PEL is subject to investment risk and other known and unknown risks, some of which are beyond the control of PEL. PEL does not warrant any particular performance or the performance of PEL.

Disclaimer

None of PEL’s or PEL’s advisors or any of their respective affiliates, related corporations, directors, officers, partners, employees and agents, has authorized, permitted or caused the posting, submission, sending or provision of this presentation and, except to the extent mentioned in this presentation, none of them makes or purports to make any representation in this presentation and there is no statement in this presentation that is based on a statement of one of them.

To the fullest extent permitted by law, none of PEL and its advisors, affiliates, related corporations, nor their respective directors, officers, partners, employees and agents make any representations or warranties, express or implied, as to the timeliness, accuracy, reliability or completeness of the information contained in this presentation; and none of them shall be liable (including negligence) for:

  • any errors or omissions in this presentation; Where
  • any failure to correct or update this presentation, or any other written or oral communication provided in connection with this presentation; Where
  • any claim, loss or damage (whether foreseeable or not) arising from the use of any information contained in this presentation or otherwise resulting from this presentation or the information contained therein.

By receiving this presentation, you agree to the above terms and conditions.

SARAH PARK

ANATOLE MASFEN

BRIAN WILLIAMS

ANNA STOVE

GREEN MARK

TONY BARCLAY

  1. PRESENTATIONS BY THE CHAIRMAN AND CEO
  2. SHAREHOLDER TALK
  3. RESOLUTIONS
  4. GENERAL BUSINESS
  5. CLOSING OF THE MEETING

This is an excerpt from the original content. To continue reading it, go to the original document here.

Disclaimer

Pacific Edge Limited published this content on July 28, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on July 28, 2022 03:17:05 UTC.

Public now 2022

All the news about PACIFIC EDGE LIMITED

Sales 2023 19.5 million
12.1 million
12.1 million
2023 net income -24.5M
-15.2M
-15.2M
Net cash 2023 87.2M
54.1M
54.1M
PER 2023 ratio -26.0x
2023 return
Capitalization 632M
392M
392M
EV / Sales 2023 27.9x
EV / Sales 2024 17.7x
# of employees
Floating 92.2%

PACIFIC EDGE LIMITED chart


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PACIFIC EDGE LIMITED Technical Analysis Trends

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Tendencies Bullish Bearish Bearish



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Medium consensus SURPASS
Number of analysts 3
Last closing price $0.78
Average target price $0.91
Average Spread / Target 16.2%


THE VERY GOOD FOOD COMPANY PROMOTES RETAIL EXPANSION IN THE EASTERN UNITED STATES WITH THE WEIS MARKETS, INC.

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150 Weis stores will offer Flippin Good Burger, Mmm Meatballs, A Cut Above Pork and Very Good Steak from The Very Good Butchers’ plant-based meat portfolio

VANCOUVER, BC, July 27, 2022 /PRNewswire/ – The Very Good Food Company Inc. (NASDAQ: VGFC) (TSXV: VERY.V) (FSE: OSI) (“VERY GOOD” or the “Company”), is pleased to announce further expansion into the ‘Eastern United States retail environment with Weis Markets, Inc. (“Weis”). Weis owns and operates 196 supermarkets across Pennsylvania, Delaware, Maryland, New York, New Jersey, Virginiaand West Virginia and also offers online shopping and delivery to Pennsylvania. This additional retail distribution further expands the availability of VERY GOOD’s products in the United States.

The Very Good Food Company Inc. Logo (CNW Group/The Very Good Food Company Inc.)

Weis selected Flippin Good Burger, Mmm Meatballs, A Cut Above Pork and Very Good Steak from the company’s plant-based meat brand The Very Good Butchers, which is expected to be available in 150 stores. Weis Markets commented on the list, “We compared products between plant-based meat offerings and the decision was easy. VERY GOOD’s clean, healthy process and great-tasting products align with the mission of Weis and our reputation for providing our customers with high quality food and great value while being stewards of the environment.”

VERY GOOD’s product placement in the Weis site is the third United States retail distribution list that the company announced this summer.

“Step by step, we are expanding the reach of our products in key markets, moving towards our strategic initiative to expand VERY GOOD’s commercial footprint in all major metropolitan areas of United States,” said Parimal Rana, CEO of The Very Good Food Company. “Weis is viewed by East Coast shoppers as a community-focused retailer that satisfies local demand for high-quality products made with natural ingredients, and they are expanding this unique offering with new store openings in key markets. We welcome the opportunity to collaborate and grow with Weis in fulfilling this mission.”

About Weis Markets, Inc.

The Weis Markets, Inc. is a mid-Atlantic food retailer headquartered in Sunbury, Pennsylvania. It currently operates 196 stores with over 23,000 employees in Pennsylvania, Maryland, New York, New Jersey, West Virginia, Virginiaand Delaware.

About The VERY GOOD Food Company Inc.

The VERY GOOD Food Company Inc. is an emerging plant-based food technology company that produces nutritious and delicious plant-based meat and cheese products under VERY GOOD’s core brands: The VERY GOOD Butchers and The VERY GOOD Cheese Co. www.verygoodfood.com.

OUR MISSION IS Lofty BUT VERY SIMPLE: TO GET MILLIONS OF PEOPLE TO RETHINK THEIR FOOD CHOICES WHILE HELPING THEM MAKE THE WORLD A WORLD OF GOOD. BY PROVIDING PLANT-BASED FOOD OPTIONS SO DELICIOUS AND NUTRITIOUS, WE’RE HELPING THIS TYPE OF DIET BECOME THE STANDARD.

ON BEHALF OF THE VERY GOOD FOOD COMPANY INC.

Parimal Rana
Chief executive officer

Forward-looking statements

This press release contains “forward-looking information” within the meaning of applicable securities laws. Canada and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, including Section 21E of the Securities Exchange Act of 1934, as amended (collectively referred to as “forward-looking information”), for the purpose to provide information about management’s current expectations and plans for the future. Readers are cautioned that reliance on this information may not be appropriate for other purposes. Forward-looking information can be identified by words such as “plans”, “proposed”, “expects”, “anticipates”, “intends”, “estimates”, “may”, “will” and similar expressions. Forward-looking information contained or referred to in this press release includes, but is not limited to: the new retail slate with Weis, including the number of stores and anticipated locations expected to carry VERY GOOD’s products, the VERY GOOD product mix and the number of SKUs Weis will offer, as well as the benefits the Company expects to derive from Weis’ listing. Forward-looking information is based on a number of factors and assumptions which were used in developing this information, but which may prove to be incorrect, including, but not limited to, material assumptions regarding the ability of the company to continue operating. ; the Company’s ability to manage recent personnel changes; and the company’s ability to successfully execute its updated business strategy outlined in its most recently filed interim MD&A for the quarter ended March 31, 2022, available at www.sedar.com and www.sec.gov. The Company’s ability to execute its strategy may also depend on the Company’s ability to accurately forecast customer demand for its products and manage its current and future inventory levels, continued demand for VERY GOOD’s products, the continued growth in the popularity of meat substitutes and the food factory, no significant deterioration in general business and economic conditions, the successful placement of VERY GOOD’s products in retail stores and distribution in the food service channel, the the Company’s ability to remain listed on the Nasdaq, VERY GOOD’s ability to obtain the necessary production equipment and human resources, VERY GOOD’s relationship with its suppliers, distributors and third-party logistics providers, and management’s ability to position VERY GOOD competitively. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information as VERY GOOD cannot guarantee that such expectations will prove to be correct. The risks and uncertainties that could cause VERY GOOD’s actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information include, among others, the impact of uncertainties and risks associated with negative cash flow and future financing needs. to maintain and grow operations, limited history of operations and revenues and no history of profits or dividends, competition, risks relating to the availability of raw materials, risks relating to social media regulations, expansion of facilities, risks relating to to credit facilities, dependence on senior management and key personnel, availability of labor, general business risk and liability, regulation of the food industry, change in laws, regulations and guidelines, compliance with laws, risks associated with third-party logistics providers, adverse publicity or consumer perception, increased costs of being a United States public company, product liability and product recalls, intellectual property risks, co-manufacturing risks, expansion risks in United States; risks related to our acquisition strategy, tax risks, forecasting difficulties, growth management and litigation as well as risks associated with the ongoing COVID-19 pandemic. For a more complete analysis of the risks facing VERY GOOD, please refer to VERY GOOD’s most recent Annual Information Form filed with the Canadian securities regulators at www.sedar.com and as attachment in Form 20-F filed with the SEC on May 26, 2022 and available at www.sec.gov. The forward-looking information contained in this press release reflects the Company’s current expectations, assumptions and/or beliefs based on information currently available. Any forward-looking information speaks only as of the date of this press release. VERY GOOD undertakes no obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. The forward-looking information contained in this press release is expressly qualified by this cautionary statement.

Neither the Nasdaq Stock Market LLC, nor the TSX Venture Exchange, nor the SEC nor any other securities regulator has approved or disapproved of the contents of this press release.

Neither Nasdaq, TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), the SEC, or any other securities regulator accepts responsibility the adequacy or accuracy of this press release.

Quote

Quote

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SOURCE The Very Good Food Company Inc.

Trade setup for Wednesday: Nifty, Bank Nifty call put ratio to SGX Nifty today – key things to know before the bell opens

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Trade setup for Wednesday: Ahead of Wednesday’s US Fed meeting, the Sensex and Nifty benchmarks ended in negative territory for the second straight session on Tuesday. NSE Nifty lost 147 points and closed at 16,483 while BSE Sensex corrected 497 points and ended at 55,268. The Nifty Bank index finished 317 points lower at 36,408 levels. Both broad and small cap equity indices fell more than the Nifty and the advanced decline rate became very unfavorable at 0.37:1.

Stock market today: key things to know before the bell opens

Global market signals

Ahead of the Fed’s interest rate decision on Wednesday, Wall Street continues to be choppy in Tuesday’s second straight session. The Dow Jones ended down 0.71%, the tech-heavy Nasdaq slumped 1.87%, the S&P 500 fell 1.15% while the Small Cap 2000 fell 0.41 %. European stocks fell on Tuesday as some disappointing earnings, the impending rise in US interest rates this week and the escalating gas crisis kept the mood cautious. Asian markets were buoyed overnight by announced plans by China to tackle a debt crisis in property development and by tech giant Alibaba seeking a primary listing in Hong Kong.

Asian Market Morning Trends

In Asian markets today, the Japanese Nikkei is down 0.03%, the Hong Kong Hang Seng is up 1.67% while the Chinese Shanghai is down a hair.

SGX Nifty Technical Outlook

In early morning trading on Wednesday, SGX Nifty is trading at 16,415, 60 points lower than its Tuesday close.

“Traders are advised to maintain their buy dip strategy on SGX Nifty today as the overall trend of the index is sideways with a positive bias. Also avoid going short” , Anuj Gupta, Vice President – Research at IIFL Securities.

Anuj Gupta went on to add that immediate support for SGX Nifty today is placed at 16,280 while its strong support is placed at 16,140 levels. He said the index faces a minor hurdle at 16,590 while 16,740 is a major hurdle for the index.

Clever technical insights

“Nifty broke through 16,483 short-term low but closed around there. 16,359 is next support for Nifty while the 16,521-16,564 band may offer resistance. long positions ahead of the outcome of the US Fed meeting Thursday could be a volatile day for India,” said Deepak Jasani, head of retail research at HDFC Securities.

Nifty Bank Insights

“Immediate support for the Nifty Bank Index is placed between 16,400 and 36,300, while strong support for the Bank Index is placed at 36,200 levels. Likewise, it faces a minor hurdle at 37,000. while 37,200 is a significant hurdle for the index,” said Mehul Kothari, AVP. — Technical research at Anand Rathi.

Smart call data

“Maximum total open interest on calls was observed at 16500, 16800 and 17000 strikes with total open interest of 106041, 133271 and 223985 contracts respectively,” said Anuj Gupta of IIFL Securities.

Smart Put Data

The addition of maximum sell open interest was seen at 16,500, 16,400 and 16,000 strikes, which added 113,869, 102,231 and 128,474 contracts respectively.

Nifty Bank call option data

“The maximum total open interest on calls was observed at 36,500, 37,000 and 37,500 strikes with total open interest of 113,435, 113,540 and 80,759 contracts respectively,” Anuj Gupta said.

Nifty Bank Put Option Data

The addition of maximum sell open interest was seen at 36,500, 36,000 and 35,500 strikes, which added 91,545, 101,486 and 55,154 contracts respectively.

FII DII Data

Foreign institutional investors (IFIs) sold 1548.29 crore shares, as domestic institutional investors (DII) bought net 999.36 crores in shares on July 26, according to preliminary data available on the NSE.

Ban NSE F&O on July 27, 2022

The National Stock Exchange (NSE) has added the shares of Delta Corp and Indiabulls Housing Finance to its F&O blacklist for the trade date of July 27, 2022. Blackout securities under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.

U.S. bond yield

The US 10-year bond yield is up 0.84% ​​at 2.810 while the US 30-year bond yield is up 0.79% at 3.032.

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Starfleet Innotech: Press Release Soft Landings

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Starfleet Innotech partners with financial advisory firm Soft Landings to manage real estate projects in the Philippines

New York, USA, July 26, 2022, Starfleet Innotech, Inc. (OTC Pink: SFIO) today announced a formal engagement with financial advisory firm Soft Landings Business Accelerators, Inc., to facilitate the deployment of Starfleets projects based in the Philippines.

Soft Landings services cover financial advisory, mergers and acquisitions, asset joint ventures, project term loans, general project management, sales and marketing management, and more. For more than forty years, their principal leaders have accompanied startups and large companies in the expansion, acquisition and pivoting phase. The billion-peso accounts managed by these principals include packaging and financing the acquisition of Pepsi-Cola Products (Phils.), Inc., as well as investing in the world-class amusement park Enchanted Kingdom. Other accomplishments include successfully raising 1.5 billion pesos ($27 million) to fund the completion of the Imperial Palace Waterpark Resort & Spa (now JPark Island Resort), a five-star hotel/condotel in 556 rooms in Mactan, Cebu.

We are excited to work alongside Soft Landings to work with our ground crews in the Philippines as we mobilize our global network in this region,” said Starfleet CEO Jeths Lacson. Their decades of experience and expertise will allow us to move quickly and confidently in the Philippines, a high growth region for Starfleet, especially Moraya.

Starfleet has a number of major projects lined up in the Philippines within its real estate division, led by the division’s flagship company Moraya. These include waterfront township developments in global tourist destinations such as Palawan and Batangas. These townships offer a wellness-focused lifestyle, with on-site integrative medicine facilities and technology platforms leveraging health data for proactive community wellness insights.

With a focus on Starfleets real estate projects under Moraya, Soft Landings will ensure these projects properly navigate local regulatory frameworks through business and financial advice, while also providing access to networking, advisory and management necessary to secure adequate funding and ensure their success. .

ENDS

For media inquiries, please contact:

Craymond Yeong, PR and Marketing Specialist

Starfleet Innotech, Inc.

Telephone: (+64) 21 0833 2966

Email: [email protected]

About Starfleet Innotech, Inc.

Starfleet Innotech, Inc. (OTC: SFIO) is a global investment holding company focused on innovating through disruptive collaborations in its three key industries: food and beverage (F&B), real estate and technology. With a strong presence in New Zealand, Australia, Malaysia, the United Arab Emirates, the United States and the Philippines, SFIO makes strategic investments in high-growth companies, creating synergies across its diverse portfolio to deliver maximum shareholder value. Guided by tradition, driven by innovation and enabled by collaboration, SFIO is on a hyper-growth path to build a thriving global business ecosystem, shaping the future of its core industries.

FORWARD-LOOKING STATEMENTS

The statements contained herein may contain certain forward-looking statements relating to Starfleet Innotech, Inc. Starfleet that are based on Starfleet beliefs and assumptions made by and information currently available to Starfleet management. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, but are not limited to, statements relating to Starfleet’s business prospects, future developments, trends and conditions in the industry and geographic markets in which Starfleet operates, its strategies, plans, objectives and goals. , its ability to control costs, statements regarding prices, volumes, operations, margins, capital expenditures, general market trends, risk management and exchange rates.

When used herein, the words anticipate, believe, can, estimate, expect, go ahead, intend, may, should, plan, project, seek, should, will, will and expressions similar statements, with respect to Starfleet or the management of Starfleets, are intended to identify forward-looking statements. These forward-looking statements reflect the opinions of Starfleets at the time the statements were made with respect to future events and are not guarantees of future performance or developments. You are strongly cautioned that reliance on forward-looking statements involves known and unknown risks and uncertainties. Actual results and events may differ materially from the information contained in the forward-looking statements due to a number of factors, including any changes in laws, rules and regulations relating to any aspect of Starfleet’s business operations, the general economic , market and business conditions, including changes in financial markets, changes or volatility in interest rates, foreign exchange rates, stock prices or other rates or prices, stocks and developments of Starfleets’ competitors and the effects of competition in manufacturing and food services, technology applications and components and real estate development. Managing sales and ownership based on demand and price for Starfleet products and services, various business opportunities that Starfleet may or may not pursue, changes in population growth and other demographic trends, including death rates , pandemic, morbidity and longevity, persistence levels, Starfleets’ ability to identify, measure, monitor and control risks in Starfleets’ activities, including its ability to manage and adapt its overall risk profile and its risk management practices, its ability to properly price its products and services, including real estate development capital expenditures and to establish reserves for future policy benefits and claims, seasonal fluctuations and factors beyond Starfleets control. Subject to the requirements of the Listing Rules, Starfleet does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. Due to these and other risks, uncertainties and assumptions, the forward-looking events and circumstances discussed herein may not occur in the manner Starfleet expects, if at all. Accordingly, you should not rely on any forward-looking information or statements. All forward-looking statements contained herein are qualified by reference to the cautionary statements set forth in this section.

For investors and a buffer, Alibaba seeks primary listing in Hong Kong

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For Alibaba, the newly formed Hong Kong Retail Association provides the company with a safety net against such dangers. It also gives the company a boost by making it more accessible to tens of millions of Chinese-speaking traders, who until now had only a limited ability to buy shares in an organization on which they store regularly. Alibaba shares rose more than 5% on Tuesday morning in Hong Kong trading according to the detailed information.

Although Alibaba was already buying and selling in Hong Kong, the new retail process will help it get the most out of a program that links the Hong Kong exchange with those in China. Alibaba said in a brief that it expects to complete the process by the end of the year.

“Hong Kong will also be the launching pad for Alibaba’s globalization strategy,” the company’s chief government officer, Daniel Zhang, said in a statement. He added that the new list would foster “a broader and more diverse investor base to share in Alibaba’s progress and future, especially from China and other markets in Asia.”

The dual listing marks a significant change from less than a decade ago, when Alibaba completed the world’s largest preliminary public offering by selling its shares in New York in 2014. At the time, the company was the logo of a fast-growing, low-innovative Chinese tech sector that felt like it was taking the world by storm.

Best Buy Sells Health and Aging Products: What You Need to Know

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— Recommendations are independently chosen by the editors of Reviewed. Purchases you make through our links may earn us a commission.

Best Buy has been a trusted name in consumer electronics for nearly 40 years, and while it’s still one of the best retailers to buy a high-end smartphone or gaming console, the brand legendary aims to chart new waters in the booming industry. of accessible and health-oriented products.

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As Reviewed has strengthened its own accessibility coverage over the past year, we’ve been heartened to see that brands large and small have committed to fostering accessibility, diversity and inclusion in design. and product promotion. Best Buy is no exception. Did you know you can buy a rollator, wheelchair, or even hearing aids at Best Buy? To be honest, we weren’t aware of that either. That’s why we’re all the more excited to recognize that such an important company shares our passion for accessibility and serving people with disabilities.

While the pairing may seem odd at first glance, here’s a look at what to expect when shopping for accessible products at Best Buy.

Store accessibility at Best Buy

What kinds of accessible products can you find at Best Buy?

Best Buy has a range of hearing aids for those looking to upgrade.

Best Buy sells a wide range of accessible products, no matter your age or condition. If you need hearing aids or amplifiers, we suggest you take a look at Williams Sound’s Pocketalker line, which offers two product tiers for $157 and $226, respectively. At a fraction of the cost of commercial hearing aids, these devices allow you to amplify the sound around you by up to 50 decibels. If you desire something more low-key, these $400 hearing-specific IQbuds 2 MAX headphones from Nuheara might do the trick.

Then, of course, there is also a wide range of assistive devices for people with reduced mobility. The aforementioned wheel walkers and wheelchairs serve as suitable substitutes or secondary options for insurance-grade products, particularly products offered by Medline, which include a wide range of mobility aids, commodes, and wheelchairs. bath. Carex is another shopper-trusted brand with a strong focus on shower aids that has a big presence in Best Buy’s catalog.

Not to be outdone by bespoke medical companies, however, it goes without saying that Best Buy remains one of the best retailers to pick up the latest tech accessible if you’re interested in the latest from Apple or Google. Both Android Talkback and VoiceOver on iOS are popular with members of the blind and visually impaired community, making purchases like an iPhone 13 or Pixel 6 a smart choice for everyone. Voice commands in products like the Apple Watch Series 7 and Amazon Echo can serve as lifesavers for those who know touch buttons aren’t an option.

Get extra help with chores with helpful reminders from your Amazon Echo.

The surprising reality is that Best Buy’s accessible, health-focused range is a bit overwhelming. With these main basics covered, there is still a wide range of vital monitors, scales and massagers ready to be purchased at any time. If your local healthcare retailer is low on inventory due to supply chain constraints, chances are Best Buy has what you’re looking for.

Can I use my HSA, FSA or HRA to purchase accessible products from Best Buy?

The Apple Watch offers various accessible features such as voice control, heart rate monitors, and a large, vivid dial for the visually impaired.

Most of the products we’ve listed above are clearly marked as HSA, FSA, or HRA eligible on their product pages. If you have set aside money in one of these funds through your health care provider, much of the medical aid can be paid for with these savings. Best Buy does not take the affected cards as a direct payment option, but customers can save their receipt and submit it to employers to potentially take advantage of the protocol.

How do shipping and returns measure up?

A large portion of products accessible on the Best Buy website are eligible for free shipping, but smaller items may require shipping of approximately $5.99 added to the listed price. Luckily, since Best Buy still has over 1,000 physical stores in the US and Canada, there are also free in-store pickup options for those who want to avoid those additional fees. Just visit the official store locator page and enter your zip code to find the Best Buy nearest you. Typically, the nearest store will also be clearly listed as a possible shipping option when purchasing. It may take a day or two longer for products to arrive at your store if you go this route, but you’ll save money in the long run.

When it comes to returns, Best Buy offers a 15-day return window on most products and a 14-day return window on activatable devices like cell phones. If you are a Totaltech Rewards member ($199 per year), this window extends to 60 days and includes free two-day shipping on all products. If you’re unhappy with a purchase, you can drop it off at a nearby Best Buy store or use a prepaid shipping label.

Store accessibility at Best Buy

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Prices were accurate at the time this article was published, but may change over time.

Monarch butterflies on new endangered species list

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Scientists now consider the migrate endangered monarch butterfly. The population of the beloved orange and black insect has dropped rapidly in recent years.

The International Union for Conservation of Nature (IUCN) has added the migratory monarch to its “red list” of endangered organisms. They said he was “in danger”. That means it’s one step away from extinction. When a species is extinct, there are no more living members.

Stuart Pimm is an ecologist at Duke University in North Carolina. He was not involved in the new listing. He said, “It’s just a devastating decline. It is one of the most recognizable butterflies in the world.

The IUCN estimates that the monarch butterfly population in North America has dropped by 22-72% in 10 years, depending on the method of measurement.

Nick Haddad is a conservation biologist at Michigan State University. He said: “What worries us is the rate of decline. It’s very easy to imagine how quickly this butterfly could become even more endangered. In peril means to be in a dangerous situation.

Haddad estimates that the monarch butterfly population he studies in the eastern United States has declined by 85 to 95 percent since the 1990s.

In North America, millions of monarch butterflies complete the longest migration of any insect species known to scientists. Animals migrate when they move from one place to another depending on the season.

Monarch butterflies spend the winter in the mountains of central Mexico. Then they begin their journey north. They reproduce several times along the way, over thousands of kilometers. Young butterflies that reach southern Canada then begin the return journey to Mexico in late summer.

A small group of butterflies spend their winters on the California coast, then fly in the spring and summer through several states west of the Rocky Mountains. This population has seen an even steeper decline than the eastern monarchs, although there has been a small increase last winter.

Emma Pelton is part of the non-profit Xerces Society, which studies western butterflies. She said there were several reasons for the loss of the butterflies. One reason is that insects have lost their habitat, or natural home, because people are removing or damaging the trees and plants they like to live on. Another is increased agricultural use of herbicides (chemicals that kill plants) and pesticides (chemicals that kill insects). The third reason is climate change.

“There are things people can do to help,” she said, including planting milkweed. Young butterflies in the form of the caterpillars depend on milkweed.

Non-migrating monarch butterflies from Central and South America would not be as threatened. The United States has not listed monarch butterflies under the Endangered Species Act. But several environmental groups think it should be listed.

FILE – The Royal Bengal Tiger rests in its enclosure at Alipore Zoo in Kolkata, India, Monday, July 29, 2019. (AP Photo/Bikas Das, File)

The IUCN also announced new estimates of the global tiger population, which are 40% higher than the most recent estimates taken in 2015.

The new wild tiger population estimates come from better methods of counting tigers. There might even be an increase in their overall numbers, Dale Miquelle said. He is the Tiger Program Coordinator for the non-profit Wildlife Conservation Society.

Over the past 10 years, tiger populations have increased in Nepal, northern China, and possibly India. But tigers have completely disappeared from Cambodia, Laos and Vietnam, Miquelle said. Tigers remain on the endangered species list.

I am Faith Pirlo. And I’m Jill Robbins.

Christina Larson reported this story for The Associated Press. Jill Robbins adapted it for Learn English.

_________________________________________________________________

words in this story

migrate v. moving to a different place of life (temporary in the case of animals)

devastatingadj.. very harmful or damaging

decline not. movement towards a smaller quantity

speciesnot. class of plants or animals whose members have the same main characteristics and can reproduce with each other.

conservationnot. the act of saving and protecting the environment

caterpillarnm small worm-like animal that feeds on plants and eventually turns into a butterfly

_______________________________________________________________

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🌱 Shirley-Mastic Daily: Theft at Tanger Outlet + Citizenship Class

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Hello, neighbors! I’m here with your Monday edition of the Shirley-Mastic Daily, filled with everything you need to know about what’s happening in town.


First, today’s weather forecast:

A severe thunderstorm in the afternoon. High: 86, low: 70.


Here are today’s top 4 stories at Shirley-Mastic:

  1. Police are looking for two men who stole Tommy Hilfiger merchandise from Tangier outlets in Riverhead. The duo stole approximately $3,000 worth of clothing on Tuesday, July 19. (daily voice)
  2. The MMS Community Library will host a citizenship preparation course on Thursday, July 28. The course will begin at 7 p.m. in the small hall of the Mastic Recreation Center for those who are about to become American citizens. (MMSCL)
  3. Entrepreneur Joshua Guskin will open a retro pinball room in downtown Patchogue. Guskin has been selling pinball machines for twenty years and will continue to do so at 44 W. Main Street. (Greater Long Island)
  4. Meet Stony Brook University physician Linda Mermelstein and her community outreach work to prevent cancer. Dr. Mermelstein and his team are committed to educating the community about the different types of cancer and how to protect themselves. (TBR News Media)

Today at Shirley-Mastic:

  • play area – MMS community library. (9am)
  • Sprinkler fun at Mastic Rec. – MMS community library. (12:30 p.m.)
  • Art Club at Moriches Bay Leisure Center – MMS community library. (2 p.m.)
  • SCORE Business Mentoring – MMS community library. (6 p.m.)

From my notebook:

  • All are invited to attend the two-day job fair at Lt. Michael Murphy’s U.S. Post Office in Patchogue. The event will take place next Wednesday and Thursday. Applications can be submitted online at www.usps.com/careers. (Patchogue Crest
  • For those interested in recent police activity in Suffolk County, look at the patch police blotter. (Patch)

More from our sponsors – please support the local news!

  • Behind the Dash – Remembering Those Who Enjoyed the Ocean. (Details)
  • Recent changes in memory? Living with someone whose memory changes? Paid virtual study! (Details)
  • Add your ad

Concerts and services:

Jobs :

  • Dishwasher – Canoe Place Inn & Cottages (Details)
  • Housekeeping Stations – Canoe Place Inn & Cottages (Details)
  • Part-Time Night Auditor (Monday & Tuesday) at Canoe Place Inn & Cottages (Details)
  • Maintenance Engineer at Canoe Place Inn (Details)
  • Raw Bar Oyster Shucker – Canoe Place Inn & Cottages (Details)
  • Guest Service Agent – Canoe Place Inn & Cottages (Details)
  • Restaurant Server – Canoe Place Inn & Cottages (Details)
  • Add your job offer

You are now in the loop and ready to start this Monday! See you soon.

Debora WhiteHead

About me: Do you have a story idea? Please get in touch with me! I would love to hear from you! Wife, mom, foodie, traveler and nature lover.

NASCAR Rivals is a new Switch game, according to the Amazon listing

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A listing on Amazon.com hints at an official new NASCAR game for the Nintendo Switch, with a potential price, name, and release date revealed.

The plot thickened when it came to the only new official NASCAR game this year – the Nintendo Switch title created by Motorsport Games.

A quote on Amazon.com (but no other regional Amazon variants so far) has a game called “NASCAR Rivals”, with what appears to be a placeholder cover for the physical version of the hybrid console. This includes a blue background and a sleek new logo. At the bottom are officially sanctioned NASCAR and Motorsport Games icons.

NASCAR Rivals for Nintendo Switch, Maybe, Amazon

It’s currently priced at $49.99, with a release date of October 14, 2022, and it’s available for pre-order.

In April, the embattled development studio released a NASCAR product roadmap. Here it was revealed that there will be no new standalone NASCAR game for PC, PlayStation or Xbox in 2022.

It included a PlayStation 5 and Xbox Series X update | S for NASCAR 21: Ignition for June, and it arrived on the 23rd with native 4K, visual improvement and faster load times but still at 30 fps.

A 2022 season update for that same title is expected in September, ahead of a “fall” “Nintendo Switch” launch, which October would align with.

Get started with NASCAR Heat Ultimate Edition+ for Nintendo Switch
NASCAR Heat Ultimate Edition+ for Nintendo Switch released in 2021.

Last year NASCAR Heat Ultimate Edition+ was launched, essentially a port of NASCAR Heat 5, but with content from the 2021 season. A community post from Motorsport Games recently stated that “a NASCAR 2022 game [will] will be released this year, with improved visuals and new features over last year’s NASCAR Heat Ultimate Edition+.

Then last month, broadcaster NBC shared a tweet with split-screen gameplay footage from an unreleased NASCAR Switch game, showing off the current Next Gen car at Nashville Superspeedway — both absent from NASCAR Heat Ultimate Edition+.

Whether “NASCAR Rivals” is a placeholder name or the final title remains to be seen. There is also no description on the list of retailers. So, although at first glance it seems like a pointer, there is no official confirmation at this time. Well, stay tuned when we hear more.

Full disclosure – Traxion.GG is part of Motorsport Games and the Motorsport Games family of brands. All Traxion.GG content is editorially removed from Motorsport Games video game development and created by a dedicated team.





Hermann Hauser, founder of Arm: “Brexit is the greatest loss of sovereignty since 1066” | Technology sector

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Jhe story of the smartphone revolution could have been very different. Hermann Hauser was successful as a computer entrepreneur in Cambridge in 1985, but his company, Acorn, needed a better chip. Hauser approached the American firm Intel to ask if he could modify one of his chips.

“Intel said get lost,” Hauser says. “Who the hell are you? They’re perfect the way they are.

He may well regret this decision. Hauser instead had two engineers create Acorn’s own version. There are now 225 billion descendants of the first “advanced Risc machine”, or Arm, Intel’s biggest rival. If you’re reading this on a mobile device, chances are you’re holding one of its chips in your hand – the company estimates they’re built into 95% of smartphones worldwide.

Yet his future is deeply uncertain, amid fears he will be listed on the New York Stock Exchange, loosening his British roots. The company halted work on a dual listing in the UK, the FinancialTimes reported last week. It would be a blow to Downing Street, which has been pushing for a listing in London.

Hauser, now a venture capitalist in a string of British tech companies, sold his stake in Arm in 2016 when it was bought by Japanese firm SoftBank, but he is a strong advocate for maintaining its corporate status. independent and of British technology. champion.

US chip designer Nvidia attempted to buy Arm in 2020, which “would have been an absolute disaster”, he said, speaking from his office in Cambridge. He favors an initial public offering that allows a diverse shareholder base to take minority investments and keep Arm as the “Switzerland of the semiconductor industry”, able to work with anyone. .


resume

Age 73

Family Pamela Raspe, wife of 40 years this year, a grown daughter and a grown son.

Education School in Kufstein, Austria; studied physics at the University of Vienna, then a doctorate in physics at King’s College, Cambridge.

Pay “That’s not an easy question to answer. The actual salary is £200,000 but the main income comes from our investments and this varies enormously.

Last holidays “We’ve been on our farm for three years but took a few driving holidays down to Napier [in New Zealand].”

Best advice ever given “I didn’t know if I should accept a job in a big company [running research following the breakup of Acorn]. My friend advised me to take the job.

Biggest Career Mistake Not fully understanding inventory control at Acorn.

Word he abuses “Well, maybe ‘the metaverse’!”

how he relaxes “I will run.”


“Iit would again be a double listing,” Hauser says. “It was very good to see that even our technologically illiterate political elite, including the Prime Minister, have realized that Arm is in fact a great national asset. And probably the only company in the UK that has global relevance in the field of technology.”

Hauser still uses “we” when talking about arms, and he sheepishly admits that he still thinks of him as “my baby.”

He grew up as a “country boy”, living in a small Tyrolean village in Austria, learning physics on mountain walks with a family friend. When he was a teenager, he was sent to a summer English course in Cambridge, beginning a decades-long love affair with the city. He studied physics in Vienna but returned to Cambridge to prepare a doctorate at the Cavendish Laboratory.

From there, he and a friend, Chris Curry, created Acorn, which created the hugely popular and highly regarded BBC Micro computer, which was sold to thousands of UK schools. Acorn struggled and was eventually bought out, but Arm, which was created in 1990, surged.

Arm had two advantages, Hauser says: there were no people and no money. That meant it had to be simple from the start. He turns to a bottle of champagne, sitting on his shelf in his office next to models of chemical compounds – it was purchased to mark the Arm chip’s first operation.

As a teenager, Hauser was warned that physics would open good jobs for him, but he would never make any money. It didn’t turn out quite right. When Acorn went public, he estimated he and Curry were the 10th and 11th richest people in the UK.

“I was kind of Steve Jobs from the UK back then,” he says. “I was a well-known figure, well, nationally, because we were in the Daily mail when things were going well, and we were in the Daily mail again when things haven’t gone so well.

This reputation brought investment opportunities. He founded venture capital firm Amadeus with Anne Glover, and it now has an investment portfolio worth around £1billion across around 50 investments. Hauser has been involved in seven ‘unicorns’ – companies which have reached a valuation of $1bn (£830m) – and two of them have become ‘decacorns’, above the bar of $10 billion.

Among his current investments, he reserves particular praise for Graphcore, a potential rival to Nvidia for artificial intelligence chips; Paragraf, which manufactures sheets of graphene, a marvelous material; and Xampla, a maker of degradable plastic bags made from pea protein.

Learning about companies “keeps me young,” says Hauser. A scientist’s excitement shines through when discussing the details of the technologies, like how Xampla copies the process used by spiders to make their silk, or the intricacies of quantum effects. (Hauser thinks quantum computers will crack the encryption on which much of the world’s online security relies within the next five years, sooner than many other analysts.)

Hauser spends his time between the UK and New Zealand (where he and his wife were stuck during pandemic lockdowns), but he describes himself as a “passionate” European. It meant he viewed the UK’s withdrawal from the EU as a personal blow.

He also thinks it was a strategic mistake. His big theory – he’s working on a book about it and has discussed it with senior government officials – is that the United States, China and Europe are the only three “circles of technological sovereignty”, with the factories of chip manufacturing and the 5G know-how needed for a modern economy. “Britain has no chance of being technologically sovereign,” says Hauser. “Brexit was the greatest loss of British sovereignty since 1066.”

He also warns against the UK fully associating itself with the United States, which has become an unreliable partner under Donald Trump, and wants it to revive cooperation projects such as the Horizon project of the EU, which funds scientific research but is under threat amid disputes. on post-Brexit trade rules.

“I hope that despite the toxicity you have with Brexit between Europe and Britain at the moment – which is silly – I hope that Britain joins the circle of technological sovereignty of the Europe,” he said. “Britain does not want to become the 51st state of the United States.”

LBank Exchange will list Cryptostone (CPS) on July 25, 2022

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INTERNET CITY, DUBAI, July 22, 2022 – LBank Exchange, a global digital asset trading platform, will list Cryptostone (CPS) on July 25, 2022. For all LBank Exchange users, the CPS/USDT trading pair will be officially available for trading at 8:00 p.m. (UTC+8) on July 25, 2022.

Aiming for decentralization, equity and balance, Cryptostone (CPS) is building an innovative, fully anonymous, KYC-free blockchain financial ecosystem, which consists of a crypto payment gateway, a centralized crypto exchange, an ICO launch pad, a decentralized crypto exchange, a decentralized global stock exchange, wallet, public blockchain network and its native CPS token. The CPS token will be listed on LBank Exchange at 20:00 (UTC+8) on July 25, 2022, to further expand its global reach and help realize its vision.

Introducing Cryptostone

Cryptostone is a disruptive innovation and fully anonymous, KYC-free blockchain financial ecosystem where users can use its crypto payment gateway on their website to provide an alternative payment method for their customers. With its centralized exchange, users can trade easily and anonymously in a secure way, while with its decentralized exchange, they can even launch their exchange and trade in a fully decentralized and peer-to-peer way.

The Decentralized Global Stock Market is another platform provided by Cryptostone to facilitate fundraising events to its clients, making the fundraising and investing process inclusive and accessible on the basis of a quote and of a decentralized deletion by consensus of the blockchain.

Additionally, there is a blockchain crowdfunding platform where users can purchase ICO tokens and coins with fiat or other cryptocurrencies. This platform supports vending mechanisms and crypto payment gateways. Cryptostone also provides a cross-platform wallet (Windows, Mac, Linux, Android, IOS) to create and manage accounts, transactions, assets and other features provided by the ecosystem.

Cryptostone has developed its own mainnet dedicated to keeping all transaction records. It provides many features to users and can tokenize any asset on the blockchain. Thus, all companies and startups can tokenize their securities with the Cryptostone platform. In addition, the platform can also provide them with the white paper and business plan consulting services, and the implementation of the tokenization of their assets.

About the CPS token

CPS is the native token of the Cryptostone ecosystem which can be used in various ways, such as allowing users to trade and pay less fees on its exchange. The total supply of CPS is 29 billion (or 29,000,000,000) tokens, of which 14% is allocated to the supply reserve, 20% is for public sale, 4.5% is for sale private, 4.5% is allocated to the advisor, 20% is provided for the ecosystem, 16% will be used for marketing, 17.5% is allocated to the team and the remaining 3.5% is provided for rewards .

The CPS token will be listed on LBank Exchange at 20:00 (UTC+8) on July 25, 2022, investors interested in investing in Cryptostone can then easily buy and sell CPS on LBank Exchange. The listing of the CPS token on LBank Exchange will undoubtedly help it further expand its business and attract more attention in the market.

Learn more about CPS token:

Official site: https://www.crypto-stone.io
Telegram: https://t.me/cryptostoneofficial
Twitter: https://twitter.com/cryptostone_io

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange offers its users secure crypto trading, specialized financial derivatives and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users in over 210 regions around the world.

Start trading now: lbank.info

Community and social media:

I Telegram
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Contact details:

LBK Blockchain Co. Limited
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[email protected]
[email protected]

29 Indiana Law School professors sign letters criticizing AG Rokita’s conduct

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More than two dozen Indiana Law School professors condemn Indiana Attorney General Todd Rokita for recent ‘false and misleading’ statements he made to a Hoosier doctor who performed a abortion on a 10-year-old girl from Ohio.

Twenty-nine law school professors in total, from Indiana University Maurer Law School, IU Robert H. McKinney Law School, and Notre Dame Law School, signed one or more two letters sent Monday and Friday to the Attorney General addressing his comments on Dr. Caitlin Bernard. While listing their employers and official titles with their signatures, the letters indicate that the professors are representing themselves as individuals.

On Monday, 14 law professors – 13 from IU McKinney and one from Notre Dame – sent a letter to Rokita saying they were “distressed” by the attorney general’s July 13 and 14 statements about Bernard, and his retention. of these “uncorrected” statements. on his official government webpage and Twitter account. Three additional IU Maurer law professors were added to the list of signatories on Tuesday.

The abortion story has become a flashpoint in the national debate over abortion access, with Rokita entering the conversation on July 13 after sending Governor Eric Holcomb a letter saying his staff were investigating for whether Bernard failed to report the sexual assault of a minor to state authorities.

Rokita then made an appearance on the Fox News show “Jesse Watters Primetime” and claimed that Bernard had “a history of not reporting” and said his office was gathering evidence that Bernard, who has previously spoken publicly of his support for the right to abortion, failed to report the procedure.

The following day, several media published copies of the termination report confirming that Bernard had reported the incident as required by law. IU Health, Bernard’s employer, also said it conducted an investigation and concluded the doctor did not violate any privacy laws in his actions in the Ohio girl’s case.

The 27-year-old Ohio man who allegedly raped the girl was charged with two counts of rape in an indictment on Thursday.

The educators’ Monday letter referenced Indiana Rule of Professional Conduct 3.8, “Special Responsibilities of an Attorney,” as well as Rules 4.1 and 8.4, and said Rokita continued to release statements “even after they have been proven to be false and misleading”. .”

“We deeply regret that you abused your power as a prosecutor and hope that you will immediately publicly apologize to Dr. Bernard, remove the offensive statement from your webpage and Twitter, and commit to the responsible execution of your powers in the future,” the Monday letter said. “It would set a great example for law students and other attorneys in the state of Indiana.”

Florence Wagman Roisman, William F. Harvey Professor of Law and Chancellor’s Professor at IU McKinney, wrote the first letter. Roisman, who has taught at IU McKinney since 1997, said Thursday that she had not yet received a response from the attorney general and that it was not right for a group of law professors to send a letter to the highest state legal official like this one.

” It’s scandalous. It’s inappropriate. It’s not professional. It is unethical. It’s wrong,” Roisman said of Rokita’s conduct. “And, as I said in the letter, it sets a terrible example for law students and other lawyers. … We don’t want our students to think that’s proper conduct – because it’s not.

On the same day the faculty letter was delivered, former IU Bloomington Provost and IU Maurer Dean Lauren Robel sent a request to the Indiana Supreme Court Disciplinary Panel to investigate. on Rokita’s conduct.

In a statement to IL on Monday, a spokesperson for Rokita’s office said Robel’s complaint was “without merit” and that the attorney general is still investigating whether Bernard was “in compliance with Indiana law and federal laws on the protection of privacy”.

Regarding Monday’s letter, a spokesperson for the attorney general told IL on Thursday that it was “part of a divisive narrative and an attempt to distract from the important work of the office, including the duty to determine if the practitioners violated the standards of practice in its profession, as well as federal and state laws.We will defend ourselves against baseless claims.

Inspired by Robel’s comments, 13 professors — all of whom teach at IU Maurer — sent a letter to Rokita on Friday condemning her statements. An IU Maurer professor, Steve Sanders, signed the Monday and Friday letters.

Unlike Monday’s letter, Friday’s message heeded Robel’s call for a Disciplinary Panel investigation of Rokita.

“The undisputed facts indicate that Dr. Bernard did indeed comply with all of his obligations to disclose, report and protect sensitive health information. These facts were easily verifiable, but you chose to make public statements before doing your due diligence,” the letter reads. “…As a direct result of your public statements, Dr. Bernard has been slandered and continues to have a well-founded fear for herself and her family.

“…. Such behavior is troubling to any attorney, but especially to the state attorney general charged with investigating professional misconduct,” the letter continues. “With the power of your office comes added responsibilities to investigate the facts in advance, maintain confidentiality until you decide to challenge a professional license, and avoid unfair prejudice to citizens. Your unfounded statements smack of partisanship; your attack on the character of Dr. Bernard does not correspond to the impartial, deliberate and professional conduct that the citizens of Indiana have a right to expect from their Attorney General.

Friday’s letter was written by Aviva Orenstein, president of Karen Lake Buttrey and Donald W. Buttrey to IU Maurer. Orenstein has taught at IU Maurer since 1992.

“What we try to teach our students is that (lawyers) have a really sacred obligation to the rule of law,” Orenstein told IL on Friday. “…You exercise caution, you don’t throw things away, and you don’t expose people to threats. It’s remarkable to me.

While she said she wasn’t sure she’d get a response from the attorney general, Orenstein said she hoped Rokita issued a public apology.

“(Rokita) must recognize that he cannot let his political partisanship bleed into his official capacity,” she said. “…Follow the rules, show people dignity and be serious. Don’t just grab the mic…until you know what’s going on.

The attorney general’s office did not respond to a request for comment on Friday’s letter by the IL deadline.

Steps toward a lawsuit against Rokita by Bernard began earlier this week.

On Tuesday, Bernard sent a notice of tort claim to Rokita seeking damages for “continuing” harm following the attorney general’s comments. Kathleen DeLaney of Indianapolis-based DeLaney & DeLaney LLC filed the notice seeking an undetermined amount for security costs, legal fees, reputational damage and emotional distress.

Pursuant to Indiana Code § 34-13-3-11, if Rokita does not respond within 90 days of notice, the claim is deemed denied and Bernard may sue for defamation.

Rokita is currently in good standing with the Indiana Supreme Court. The Indiana attorneys’ docket shows no disciplinary action against him since he was called to the Indiana bar in 1995.

Hundreds of thousands of company-used promotional ducks recalled due to phthalate and lead issues

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Last month, the Consumer Product Safety Commission (CPSC) announced the recall of approximately 600,000 stuffed ducks used by an insurance company to promote its business. The ducks, imported from China, were distributed by the company and authorized agents to consumers as promotional items from February 2009 to March 2021.


According to the recall notice:


The components of the recalled promotional ducks contain levels of certain phthalates that exceed the federal phthalate content standard. A component of the promotional fishing duck also contains a level of lead that exceeds the federal standard for lead content. Phthalates and lead are toxic if ingested by young children and can cause health problems.


“Exposure to high levels of lead or phthalates is a concern for everyone, but this is especially true for children,” said Joe Frasca, senior vice president of marketing at EMSL Analytical, Inc. “The Exposure to lead can cause lead poisoning and while the health effects of various exposures to phthalates are not completely understood, some are strongly suspected to be endocrine disruptors. Federal regulations restrict their use in certain items. childcare products and toys, as children can easily be exposed to these chemicals by handling and chewing items containing them.


EMSL Analytical, Inc. scientists are dedicated to helping manufacturers, importers, retailers, regulators, and health advocates across North America test for phthalates, lead, and other controlled substances. Their product testing services protect consumers and can also be essential in helping businesses comply with health and safety regulations to avoid these types of costly product recalls.


To learn more about phthalates, lead or other consumer products, environmental, health or safety testing services, please visit www.EMSL.com, call (800) 220 -3675 or email [email protected]


About EMSL Analytical, Inc.


EMSL Analytical is one of the leading testing laboratories in the United States and Canada. EMSL is a nationally recognized provider specializing in rapid laboratory results for mold, bacteria, legionella, USP 797, pathogens, asbestos, lead, soot, anthrax and ash from fires, VOCs, odors, radon, formaldehyde, indoor air quality, microbiology, environment, industrial hygiene, radiological products, food, beverage and consumer products, and materials testing services for the identification of unknown substances. EMSL is at the service of professionals and the general public. EMSL maintains an extensive list of accreditations from leading organizations as well as state and federal regulatory agencies, including but not limited to A2LA, AIHA-LAP, LLC (AIHA-LAP, LLC EMLAP, AIHA-LAP, LLC IHLAP, AIHA-LAP, LLC ELLAP), NVLAP, CDC ELITE, CPSC, CA ELAP, NY ELAP, TX DOH, NJDEP and several other state accrediting agencies. Please visit our website at www.EMSL.com for a complete list of accreditations. Additionally, EMSL offers a wide range of sampling equipment and survey products for environmental professionals.

This news content may be incorporated into any legitimate news gathering and publishing effort. Linking is allowed.

Press release distribution and press release distribution services provided by WebWire.

BNP Paribas 3Q APAC Top Pick List (table) AASTOCKS Financial News

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Monarch butterflies edge closer to extinction: NPR

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Monarch butterflies land on branches at Monarch Grove Sanctuary in Pacific Grove, California in 2021.

Nic Coury/AP


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Nic Coury/AP


Monarch butterflies land on branches at Monarch Grove Sanctuary in Pacific Grove, California in 2021.

Nic Coury/AP

The monarch butterfly edged closer to extinction on Thursday as scientists put the iconic orange-and-black insect on the endangered species list due to its rapid decline.

“It’s just a devastating decline,” said Stuart Pimm, an ecologist at Duke University who was not involved in the new list. “It’s one of the most recognizable butterflies in the world.”

The International Union for Conservation of Nature has added the migratory monarch butterfly to its ‘red list’ of threatened species for the first time and listed it as ‘endangered’ – one step away from extinction.

The group estimates that the monarch butterfly population in North America has declined between 22% and 72% over 10 years, depending on the method of measurement.

“What worries us is the rate of decline,” said Nick Haddad, a conservation biologist at Michigan State University. “It’s very easy to imagine how quickly this butterfly could become even more endangered.”

Haddad, who was not directly involved in the listing, estimates that the monarch butterfly population he studies in the eastern United States has declined between 85% and 95% since the 1990s.

In North America, millions of monarch butterflies undertake the longest migration of any insect species known to science.

After wintering in the mountains of central Mexico, the butterflies migrate north, reproducing several generations over thousands of miles. The offspring that reach southern Canada then begin the return journey to Mexico in late summer.

“It’s a real spectacle and inspires such admiration,” said Anna Walker, a conservation biologist at the New Mexico BioPark Society, who helped determine the new list.

A smaller group spends its winters on the California coast, then disperses in the spring and summer to several states west of the Rocky Mountains. This population has declined even more precipitously than the eastern monarchs, although there has been a small bounce last winter.

Emma Pelton of the non-profit Xerces Society, which monitors butterflies in the West, said the butterflies are threatened by habitat loss and the increased use of herbicides and pesticides for agriculture, as well than by climate change.

“There are things people can do to help,” she said, including planting milkweed, a plant that caterpillars depend on.

Non-migratory monarch butterflies from Central and South America have not been designated as endangered.

The United States has not listed monarch butterflies under the Endangered Species Act, but several environmental groups believe it should be listed.

The international union also announced new estimates of the global tiger population, which are 40% higher than the most recent estimate from 2015.

The new figures, between 3,726 and 5,578 wild tigers worldwide, reflect better methods of counting tigers and, potentially, an increase in their overall numbers, said Dale Miquelle, coordinator of the Wildlife Conservation’s tiger program. Non-profit society.

Over the past decade, tiger populations have increased in Nepal, northern China and possibly India, while tigers have disappeared entirely from Cambodia, Laos and Vietnam, Miquelle said. They remain designated as endangered.

Form 6-K Burcon NutraScience Corp Due: July 21

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UNITED STATES
SAFETY AND EXCHANGES COMMISSION

Washington, D.C. 20549

FORM 6-K

FOREIGN PRIVATE ISSUER DECLARATION PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2022

Commission file number: 001-35289

Burcon NutraScience Corporation
(Translation of the declarant’s name in English)

1946 West Broadway Vancouver, British Columbia, Canada V6J 1Z2
(Address of main executive offices)

Indicate with a tick whether the registered person files or will file annual reports in 20-F or 40-F envelopes.

[ x ] Form 20-F [           ] Form 40-F

Indicate with a check mark if the filer is submitting Form 6-K on paper, as permitted by ST Rule 101(b)(1): [           ]

Indicate with a check mark if the filer is submitting Form 6-K on paper, as permitted by ST Rule 101(b)(7): [           ]


SUBMITTED BELOW

Exhibitions


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, duly authorized thereto.

BURCON NUTRASCIENCE CORPORATION
(Incumbent)
Date: July 21, 2022 By: /s/ Jade Cheng

Jade Cheng
Title: Financial director



Press release

Burcon JV, Merit Functional Foods Launches New Peazazz C Pea Protein Ingredient

Peazazz C offers exceptional solubility and an unrivaled smooth creamy texture

Vancouver (British Columbia), July 21, 2022 — Burcon NutraScience Corporation (“Burcon or the “Company”) (TSX: BU) (NASDAQ:BRCN), a global technology leader in the development of plant-based proteins for food and beverages, is pleased to announce that its joint venture, Merit Functional Foods Corporation (“Merit”) has launched its new protein ingredient , Peazazz C™ Pea Protein, a unique and different pea protein that delivers smooth, grain-free texture in ready-to-drink (“RTD”) beverages.

Through an innovative proprietary process, Merit introduces Peazazz C™, a high-purity pea protein that delivers exceptional taste and solubility, with the ability to create a smooth creamy texture without the chalkiness often associated with beverage-based applications. of plants. Peazazz C™ has a low viscosity allowing feed formulators to achieve a smooth, pleasing texture without sedimentation, even at higher double-digit protein inclusion levels.

“Plant-based beverages are one of the biggest categories in the plant-based market. The launch of this differentiated pea protein ingredient couldn’t have come at a better time as food formulators actively search for better ingredients to improve their formulations,” said Peter H. Kappel, Interim CEO. and Chairman of the Board of Directors of Burcon, added, “We hope that the production and sale of Peazazz C™ can help Merit increase its market penetration in the area of ​​protein ingredients.

Peazazz C™ is produced from yellow peas grown in Canada and produced with full traceability back to the farm, providing plant-based food and beverage brands with a reliable source of plant-based protein. Peazazz C™ also has the ability to support low sodium claims in high protein applications, providing a healthier plant-based protein option.

“Consumers who try herbal applications such as RTD beverages often notice a grainy texture, with sediment building up at the bottom of the bottle,” said Merit Co-CEO Ryan Bracken. “Peazazz C™ is the solution formulators have been looking for to solve this common problem. With its high solubility and low viscosity, it has the functionality that formulators need to deliver an optimal sensory experience.”

For more information on Merit’s innovative pea protein ingredients, please visit Merit’s website here.


About Burcon NutraScience Corporation

Burcon is a global technology leader in the development of plant-based proteins for food and beverages. With over two decades of experience in formulating high-purity proteins that have superior functionality, taste and nutrition, Burcon has amassed an extensive patent portfolio covering its novel vegetable proteins derived from peas, canola, soy , hemp, sunflower seeds, among other source plants. In 2019, Merit Functional Foods Corporation (“Merit Foods”) was formed between Burcon and three veteran food industry executives. Merit Foods has since built and commissioned a state-of-the-art protein production facility in Manitoba, Canada, which produces, under license from Burcon, best-in-class pea and canola protein for industries. of food and drink. For more information, visit www.burcon.ca.

Caution Regarding Forward-Looking Information

The TSX has not reviewed and accepts no responsibility for the adequacy of the content of the information contained herein. This press release contains forward-looking statements or forward-looking information within the meaning of United States law. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, including statements regarding the signing of definitive loan documentation and the drawing down of the loan. Forward-looking statements or forward-looking information involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements or forward-looking information may be identified by words such as “anticipate”, “intend”, “plan”, “goal”, “project”, “estimate”, “expect”, “believe”, “future”. ,” “likely”, “may”, “should”, “could”, “will”, and similar references to future periods. All statements included in this release, other than statements of historical fact, are forward-looking statements. 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 or information.Important factors that could cause actual results to differ materially from plans and expectations of Burcon include our ability to comply with Nasdaq listing rules, the implementation of our business model and growth strategies; trends and competition in our industry, our future business development, our financial condition and our results of operations and our ability to profitably obtain financing; potential changes in government regulations ntals; and other risks and factors detailed herein and from time to time in Burcon’s filings with securities and stock exchange regulators, including in the section entitled “Risk Factors” in Burcon’s Annual Information Form. Burcon for the fiscal year ended March 31, 2022 and its other public filings with Canadian securities regulators on SEDAR at www.sedar.com and with the United States Securities and Exchange Commission on EDGAR at www.sec. gov. This list is not exhaustive of factors that could affect the Company’s forward-looking statements or information. Any forward-looking statement or information speaks only as of the date on which it is made and, except as required by applicable securities laws, Burcon disclaims any intention or obligation to update any forward-looking statement, whether whether as a result of new information, future events or otherwise. Although Burcon believes that the assumptions inherent in forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, investors should not rely on such statements.

Industry contact details

Paul Lam

Director, Investor Relations

Burcon NutraScience Corporation

Tel (604) 733-0896, Toll Free (888) 408-7960

[email protected] www.burcon.ca

Contact Investor

James Carbonara

R.I. Hayden

Tel (646) 755-7412

[email protected]

Media Contact:

Steve Campbell, April

President

Campbell & Company Public Relations

Tel (604) 888-5267

[email protected]


Amazon Dropshipping: What It Is and How to Get Started

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Julie Clopper/Getty Images

Even though Amazon is one of the largest retailers in the world, more than half of its products are sold by third-party sellers.

Amazon offers several ways to sell goods on the platform, one of which is dropshipping. Amazon dropshipping can be a great way to make money selling without having to hold inventory or fill orders. For those wondering how to dropship, this guide will explore what it is, how it works, and how to get started with this potentially lucrative side hustle.

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What is dropshipping?

With dropshipping, a seller sets up an online storefront – or uses a selling platform such as Amazon – to take orders for products, but is not directly involved in sourcing, storing, and shipping the products. products. Instead, the seller outsources these responsibilities to a third party.

Dropshipping has low overhead and is ideal for entrepreneurs who don’t have the financial means or the storage space to manage physical inventory.

How Amazon Dropshipping Works

Dropshipping agreements vary by vendor, but typically the vendor handles all customer service and the vendor only handles product fulfillment. Here’s how Amazon dropshipping works:

  1. A person creates an Amazon seller account and creates listings to promote and sell products.
  2. When a customer orders a dropshipping product on Amazon, the seller sends the order to the supplier.
  3. The seller is also responsible for informing the customer that the order is being processed.
  4. The supplier processes and ships the order.

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Amazon Drop Shipping Policy

Amazon dropshipping sellers must follow Amazon’s dropshipping policy to avoid violations that may restrict the seller’s ability to sell on the platform. The policy can be found on Amazon’s website, but there are a few key things to know before finding product suppliers or creating an Amazon selling account.

The seller with the Amazon account is considered the official seller. All products shipped must include Recorded Seller information on all invoices, packing slips, and external packaging. The official seller must ensure that any supplier used to purchase products accepts Amazon’s drop-shipping policy.

The Official Seller is also responsible for receiving and processing customer product returns in accordance with Amazon’s policy.

Amazon Selling Fees

Amazon has a fee structure listed on its site that varies by seller:

  • Selected sales plan — Individual or Professional
  • Type of product
  • Execution Strategy
  • Registration volume, optional advertising and other factors

Sellers must incorporate fees into their product pricing to ensure a profit.

How to Start Earning with Amazon Dropshipping

Amazon provides a lot of help for new sellers learning to use the platform. Here’s how to start dropshipping on Amazon in five steps.

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1. Sign agreements with one or more suppliers

It is essential to find a legitimate wholesaler or supplier who will ship products according to Amazon’s drop shipping policy.

Suppliers may be more willing to sign an agreement with a company than individuals. Sellers who have formed an LLC or other business entity may seem more legitimate. Setting up a business can also reduce the seller’s liability in the event of a lawsuit.

Different vendors will have different requirements. Some vendors may charge a monthly fee or have minimum monthly order requirements which could be costly for new sellers.

2. Create an Amazon seller account

Amazon offers two selling plans: Consumer and Professional. New sellers will need to choose a plan when creating a seller account. Sellers have the flexibility to upgrade or downgrade their selling plan at any time.

Those who sell more than 40 items per month might benefit more from Amazon’s Professional plan. However, new sellers may wish to start with the Individual plan until they determine their monthly sales.

To complete an Amazon seller account registration, sellers may need to provide the following information:

  • A bank account number and bank routing number to receive payments from Amazon
  • Credit card information for payment of Amazon seller fees
  • A government-issued national ID
  • Tax information
  • A phone number

3. Configure Amazon Product Listings

How sellers upload and list their products varies depending on their selling plan.

Sellers with a business account can list their products by bulk uploading listings or using a third-party inventory management system. Those with an individual plan should list products one at a time. All sellers can match another seller’s existing listing for a specific product or create a new listing if the product is not yet available on Amazon.

It is important to note that when multiple sellers offer the same product, Amazon combines the information from all uploaded product pages from all sellers into a single product detail page.

Once a product is listed, it is available to all Amazon consumers, including business customers. Sellers can then fulfill orders and start earning.

4. Resolve customer issues

Amazon requires the Registered Seller to resolve customer issues and process product returns. Since Amazon’s platform encourages buyers to leave seller feedback, prompt customer service can often mean the difference between positive and negative reviews.

Sellers should answer customer questions about products and ensure prompt responses to any issues.

5. Track sales in Amazon Seller Central

When logged into Seller Central, sellers can perform the following tasks to monitor and track sales:

  • Track inventory and daily sales
  • Update product listings
  • Download custom sales reports
  • Contact support and open help tickets

Carry

Amazon dropshipping can be a lucrative side hustle for an entrepreneur looking to make money selling on Amazon without having to buy and store inventory. The key is to find products with a low enough wholesale price that will allow for an acceptable markup to cover costs while still providing a profit.

Before listing products, new sellers on Amazon should carefully read Amazon’s dropshipping policy and determine product listing requirements, such as photo size, product title, and description guidelines.

FAQs

Here are the answers to some common questions about dropshipping.

  • How can I make money fast dropshipping?
    • The fastest way to start making money dropshipping is to sell through a site like Amazon, Shopify, or WooCommerce rather than creating a custom website. Selling print-on-demand products like t-shirts and coffee mugs is one of the fastest ways to start making money.
  • Can I make money with dropshipping?
    • The key to making money with dropshipping is finding a high-demand product that can be bought at a low wholesale cost and then sold at a reasonable price. Any profit must cover the costs associated with the sales platform and the supplier.

Information is accurate as of July 20, 2022.

Editorial Note: This content is not provided by Amazon. Any opinions, analyses, reviews, ratings, or recommendations expressed in this article are those of the author alone and have not been reviewed, endorsed, or otherwise endorsed by Amazon.

About the Author

Andrea Norris has worked in the web publishing industry for 15 years, both as a content contributor and editor specializing in topics related to personal finance, frugal living, home and automotive . She writes short and long content and is well trained in SEO keyword research and writing.

Pitney Bowes Christopher Johnson Named to Savoy Magazine’s 2022 List of America’s Most Influential Black Executives

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Pitney Bowes Inc. (NYSE: PBI), a global shipping and courier company that provides technology, logistics and financial services, today announced that Christopher Johnson, Senior Vice President and President of Financial Services, has been named one of Savoy Magazine’s Most Influential Black People of 2022. Corporate America Executive List. As a leader of Pitney Bowes Financial Services, Christopher is responsible for all aspects of the business, including strategy, growth and operations. This includes strategic analysis of global markets, assessment of current capabilities against future opportunities, determination of investment priorities, organizational development and corporate culture.

This press release is multimedia. View the full press release here: https://www.businesswire.com/news/home/20220720005173/en/

Christopher Johnson, Senior Vice President and President of Financial Services at Pitney Bowes (Photo: Business Wire)

“I would like to congratulate Christopher on this well-deserved honor of being named to Savoy’s 2022 list of America’s Most Influential Black Executives,” said Marc B. Lautenbach, President and CEO of Pitney Bowes. “Christopher exemplifies our culture of doing the right thing, the right way. At Pitney Bowes, we are all grateful for his leadership and contribution to our business. »

A field of over 500 potential applicants was narrowed down to “2022 The Most Influential Black Executives in American Business” List based on their exemplary record of achievement and influence while working to better their community and inspire others.

The complete list of the 2022 most influential black executives in American companies, including an article by Christopher entitled “Putting the Financial Industry in the Black”, is available at www.savoynetwork.com.

About Pitney Bowes

Pitney Bowes (NYSE: PBI) is a global shipping and courier company that provides technology, logistics and financial services to more than 90% of Fortune 500 companies. Customers in small businesses, retail, businesses and governments around the world trust Pitney Bowes. to remove the complexity of sending mail and parcels. For the latest news, company announcements and financial results, visit https://www.pitneybowes.com/us/newsroom.html. For more information, visit Pitney Bowes at www.pitneybowes.com.

A real estate ad that fish are fans of

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As part of Lake Appreciation Month, today’s MI Environment story by Rachel Coale of the Michigan Department of Natural Resources examines the connection between healthy forests and clean water.

Whether you’re sitting at your desk, having a cup of coffee at a local coffee shop, or taking a walk in a nearby park, look around and try to count how many things you see that are made from wood. trees. Everything from furniture to paper to the homes we live in are made from renewable forest materials.

One that doesn’t always come to mind? Clean water.

Trees are an essential part of this equation. They recycle water – most of it. In fact, a healthy 100 foot tree can absorb 11,000 gallons of water from the ground, filter it, and release it into the air in a single growing season.

Trees also increase groundwater filtration. At the landscape scale, forests are an important source of drinking water for millions of people in the United States, with 749 million acres of forest land providing more than half of the national water supply, according to the US Forest Service. In Michigan, 20 million acres of forest, covering about half the state, cleans and recycles rainwater through the watershed — about 6 trillion gallons a year — that eventually ends up in your home. in the form of clean drinking water.

“Almost all of Michigan is part of the Great Lakes watershed, which means every drop of rain on the landscape and in our water systems will make its way to the Great Lakes, and eventually the ocean,” Emily said. Finnell, Senior Advisor for the Great Lakes. and strategist at the Michigan Department of Environment, Great Lakes and Energy.

Healthy trees and forests not only provide clean water for Michigan residents, but also help maintain fish habitats by keeping the water clean, fresh, and covered.

To cool off, fish need trees

Walking barefoot on hot pavement in summer is a direct way to experience the “urban heat island effect,” in which concrete and asphalt paved surfaces heat up in the sun, raising temperatures in urban areas at scorching levels.

Planting trees can reduce this effect. The U.S. Environmental Protection Agency estimates that shady areas under trees can be 20 to 45 degrees cooler than the maximum temperatures around them, and the water that trees transpire through their leaves can cool areas further. surrounding. Forested landscapes also provide more groundwater to streams, which has a cooling effect in the hot summer.

Trees along a shore or bank have the same cooling effect on water as on a driveway. Rivers not protected by trees are more exposed to the sun’s rays and, therefore, are warmer than their forested counterparts.

Warmer waters may seem like a good thing for swimmers, but even the smallest increase in surface water temperature can have devastating effects on fish and wildlife.

“Water temperature is the most important factor that determines what kind of fish can live in a stream,” said Jan-Michael Hessenauer, a fisheries research biologist with the Michigan Department of Natural Resources. “Trout species in particular require cool, stable water temperatures during the summer months and benefit greatly from forested landscapes.”

The link between healthy trees and water

Trees keep the waters cool, and by simply keeping the soil in place, they also keep the waters free of sediment.

Most trees do not grow a long downward taproot. Instead, the roots spread outward, covering the landscape like a net. A network of interlocking roots in a forest holds the soil together and prevents it from being washed away by heavy rains or melting snow.

Tree roots also increase water storage in the soil, helping to reduce runoff from rural agricultural fields and urban parking lots. In a contest of areas planted with trees versus those paved with asphalt, the trees reduce runoff by 80% more.

By moving upward, the leaves of the forest canopy help slow down rainfall, letting it run off the land instead of splashing heavily, reducing rapid runoff that could lead to erosion.

You might ask, “Why is erosion important?” Isn’t that just dirt in the water?

The answer is – not exactly.

“A small amount of sediment in the water is natural,” said MNR fisheries resource analyst Joe Nohner. “But large-scale erosion from poorly managed sites can reduce water quality, cover fish spawning grounds and damage aquatic vegetation.”

Tree roots help hold soil that would otherwise erode into a stream and eventually end up in a lake. When soil nutrients exceed natural levels in the water, they can lead to excessive algae growth, which can be detrimental to fish that live in the lake.

For example, ciscoes are known as indicator species in lakes because their health is closely linked to the temperature and quality of the water in which they live. Without plants to absorb nutrients before they enter the water, algae growth can explode and eventually create areas deprived of vital oxygen. Lake cisco populations have completely disappeared in some inland lakes, due to rising temperatures, declining water quality, and other environmental factors.

“The cisco is an increasingly popular fishery in its own right, but it also supports trophy fishing for walleye, northern pike and muskellunge,” Nohner said. “We expect to lose even more cisco populations in lakes across the state as the waters continue to warm.

“Our strategy is to identify populations that we can save through water quality protection and encourage the planting and protection of forests in those areas.”

Similarly, the decline and local extinction of the Arctic grayling – a beautiful, blue-spotted trout-like fish with a sail-like dorsal fin, that once lived in rivers across northern Michigan – is attributed to unsustainable logging practices that cause erosion. a century ago, habitat loss and competition. MNR and its partners are now working to restore this fish to Michigan waters through the Arctic Grayling Initiative.

But with Michigan’s $21 billion forest products industry, is that possible?

“Modern methods of harvesting are very different from what they were in the 1800s,” said Keith Kintigh, MNR’s forest certification specialist, who ensures responsible harvesting and management techniques are used in state forests.

“A century ago, logging was the Wild West, but today we use tools like portable bridges and crane mats to minimize environmental impacts, and need techniques like replanting or the regeneration of seed trees to renew the landscape after harvest.This protects the landscape and the waters.

Large, mature trees along lakes and rivers provide a steady supply of organic matter like woody debris and leaves that serve as habitat and food. When trees fall into the river, they also help create important habitat features such as pools and small rapids.

Forests are essential for maintaining the clean, fresh waters necessary for grayling, trout and cisco, and for keeping lakes and rivers enjoyable for all of us.

“The same things that fish need to stay healthy that we also need for good swimming, drinking and boating waters,” Nohner said.

Protecting forests and freshwater for the future

Want to help keep Michigan’s forests and waters healthy? Whether you’re more comfortable in the woods or on the beach, you can lend a hand. Host an Adopt-a-Forest cleanup to remove illegal dumpsites in the forest that threaten fish and wildlife, or head to shore to host an Adopt-a-Beach event and pick up debris from the shore.

Closer to home, you can plant a tree to bring erosion control, shade, and water purification benefits to your neighborhood. Check out a local Conservation District sale or seedling nursery to find the best picks for your area, and be sure to pin it on the DNR’s interactive tree planting map when you do.

Tree cover projects in Michigan’s watersheds and school forest planting supported by MNR and the Great Lakes Restoration Initiative are also making a difference in local communities.

If you are a forest owner, you can take steps to sustainably manage your forest and achieve goals such as better fishing, improved wildlife habitat, sustainable wood production and more. Visit ForestsForFish.org to learn more about opportunities, explore educational videos and see examples of landowner projects.

A suggested list of trees to plant near rivers and lakes includes species like yellow birch, balsam fir, peachleaf willow, and sycamore that will thrive in moist conditions.

For those who live on the shores of a lake or river, a good place to start is to maintain a natural shoreline with native trees and plants instead of mowing the lawn right to the water’s edge. It will also help deter Canada geese, natural grazers that are attracted to manicured lawns.

The Michigan Natural Shoreline Partnership shares solutions and maintains lists of suggested native plant species to plant and renew shoreline health to protect lakes and rivers. A well-planted shoreline resists erosion and natural changes in water level and can replace the need for a man-made dike.

As you head to the beach, whip out your fishing rod, or water your garden during Lake Appreciation Month, think about the surprising source of some of that water: trees! Responsibly managed forests are essential for vibrant Great Lakes.

Legend: An aerial view of the headwaters of the Manistee River in the northwest Lower Peninsula.

SoftBank halts work on Arm’s London IPO following political unrest

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SoftBank has suspended plans for an initial public offering of Arm in London due to political unrest in the UK government, casting doubt on Britain’s place as the future home of the London-based tech giant. Cambridge.

British Prime Minister Boris Johnson has personally lobbied billionaire SoftBank founder Masayoshi Son to secure at least a partial listing of the chip designer on the London Stock Exchange.

As Johnson’s government crumbled earlier this month, Investment Minister Lord Gerry Grimstone and Digital Minister Chris Philp resigned. They had both been prominent in discussions with the Japanese tech investor.

The departures led SoftBank to suspend talks on a UK listing of Arm next year, according to people briefed on the talks. An IPO of Arm would be one of the largest tech IPOs ever in the London market.

The political upheaval could pave the way for SoftBank to pursue a simpler U.S. listing, which Son initially favored.

SoftBank was in talks with officials and exchange executives about an unusual dual primary listing, in which it would float simultaneously in New York and London, according to people with knowledge of the situation.

Companies have avoided this approach in the past due to the cost and complexity of having to execute two IPOs simultaneously, with a prospectus and other regulatory requirements needed for both the US Securities and Exchange Commission. United Kingdom and the Financial Conduct Authority of the United Kingdom.

Two people familiar with SoftBank’s thinking said work on the London side of the IPO has effectively stopped within the company. One such person added that a listing in London seemed less likely than in the past.

Bankers close to SoftBank have warned that the group is only considering a London share sale because of strong incentives offered by the UK government, which has tasked officials with putting in place the right terms for listing , promising to make Arm a national champion for Britain. technology.

London has been criticized for being unattractive to fast-growing companies given the potential for higher valuations and larger reserves of cash for investors in the United States.

Officials from the Department of Digital, Culture, Media and Sport and the Department of Business, Energy and Industrial Strategy are still working on a package to attract an Arm listing, according to a person familiar with the efforts of the government.

Philp had been replaced by new digital minister Matt Warman, a former tech journalist, they added. The leaders of the London Stock Exchange were also trying to convince SoftBank of the merits of the United Kingdom.

Chris Philp was one of the UK officials who resigned and was instrumental in talks with the Japanese tech investor © John Phillips/Getty Images

Grimstone, who quit government after Johnson announced he would make way for a new prime minister in the coming weeks, led lobbying efforts as investment minister, including flying to Tokyo to personally meet Son.

A city leader close to the lobbying efforts urged the government to step up its efforts, saying: “Key ministers who deal with SoftBank are gone. Gerry was instrumental.

The rifts in government have also raised fears within Whitehall that SoftBank will no longer feel compelled to bring Arm to London markets as political pressure eases over the summer months.

“It’s a concern now that Gerry is gone,” an official said. “There is a void right now and [SoftBank] never really wanted to do it anyway; they just wanted to play ball with the British government.

Work on a dual jurisdiction Arm IPO had reached a “mature” stage in the UK, an official close to the talks said. The unusual route would mean Arm could be included in the index in both markets, increasing the number of funds that can invest in the company, and mean it would be accelerated into the FTSE 100.

A UK banker close to Arm said a dual listing wouldn’t be “crazy”.

“Arm used to trade at a huge premium in the UK and had a huge fan base when it was listed here, and this group has never found anything else so attractive to buy . The very first company to feature in the FTSE 100 and S&P 500 – can you imagine how [Son] would be?”

One option would be to include a retail offering for the IPO to appeal to the type of older, wealthier private investors who remember the company’s early days when it spun off. ‘Acorn Computers in Cambridge.

SoftBank had recently invested in PrimaryBid, which provides a platform for retail investors to subscribe to IPOs, which one person said could be used as a way to attract private investors to the company in the UK. Last year, PrimaryBid worked on a UK member bid for the US listing of private club Soho House.

Anand Sambasivan, Managing Director of PrimaryBid, said: “A UK retail offering would recognize Arm’s distinctive British history, be welcomed by investors and represent a win for the country.”

SoftBank and Arm declined to comment. Arm has previously said it plans to keep its UK headquarters regardless of location.

The British government did not immediately respond to a request for comment.

Scam Alert: The Downsides of Renting Are Trickier Than Ever | Community

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ARLINGTON, VA — Finding a new place to live is stressful! Scammers know that people in the middle of a move don’t always have the time to do the necessary research. Avoid scams by paying attention to these latest tips.

How does this scam work

You respond to an online rental ad that advertises a nice house, low rent and great amenities. It seems legit; Scammers often use real photos and descriptions stolen from other websites. The ‘owner’ responds to your message saying they can’t show ownership. In the latest BBB Scam Tracker reports, scammers claim to be out of town for work or in the hospital with a health emergency.

The scammer will then create a false sense of urgency, telling you that others are interested, so you need to act immediately. They will ask for a security deposit and/or the first month’s rent to reserve the property. The scammer may claim that you can view the property through a rental agent – only after paying the deposit. In some versions, the “landlord” will ask potential tenants to fill out an application form, which asks for personal details like a social security number.

One tenant reported this experience: “I saw a house for rent on Facebook and contacted… They sent me an application link and asked for $50 per adult via CashApp. I sent $100 for 2 adults and received a confirmation link that they had received the request. After that, they requested that $400 be sent to them to hold the property. I declined as I had not met them in person or seen the house.

No matter the details, once you send the money, the result is the same. The “owner” will stop responding to messages and disappear. Tenants have reported to BBB Scam Tracker losing thousands after paying fees to own an apartment, make a deposit and pay the first month’s rent.

How to avoid rental scams:

• Beware of offers that are too advantageous. Scammers lure you by promising low rents, extra amenities, and a great location. If the price seems much better than elsewhere, it may be a scam.

• Search online for similar properties. Do a quick search of the scammer’s list, email address or phone number. If you find the same ad listed in other cities, that’s a huge red flag.

• View the property in person. Don’t send money to someone you’ve never met for an apartment you haven’t seen. If you can’t visit an apartment or house yourself, ask someone you trust to confirm that it is what was advertised.

• Don’t pay a stranger with money transfer apps. Many scammers are now asking for payments via peer-to-peer apps instead of direct funds or prepaid debit/gift cards. Only use these apps with people you know. You can pay a landlord you trust with Venmo, Zelle, or another P2P app, but don’t use this payment method to secure an apartment or pay a deposit.

For more information

Read tips and scam alerts on our moving page. For additional advice, see BBB Scam Alert: Avoid Peer-to-Peer Payment Scams on Paypal, Zelle, Venmo, and More.

If you spotted a scam (whether or not you lost money), report it to BBB Scam Tracker. Your report can help others avoid being scammed. Learn how to spot a scam BBB.org/SpotAScam.

Plans to demolish the former Felix Hotel in Girton to build a care home rejected by councilors

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Proposals to demolish the old Felix Hotel and build an 80-bed care home and dementia research center in its place have been rejected by councilors for the South Cambridgeshire district.

They questioned the need to take down a Girton landmark and were concerned about the ability of GPs in the area.

The former Hôtel Félix. Image: Google

Cassel Hotels (Cambridge) submitted the application for the Dementia Care Home and Research Centre, which would have linked in-house care to professionals at Addenbrooke’s Hospital.

Speaking on behalf of the claimant at last Wednesday’s planning meeting, David Roe, director of land and planning for care operator KYN, argued there were “numerous and significant” benefits. and that the very special circumstances needed to build in the green belt were “indisputable”.

“We are responding to a need for care beds by proposing to create a modern, world-class nursing and dementia facility, providing round-the-clock care to 80 elderly and vulnerable local residents,” he said. declared. “The need was crucially noted in a recent appeal decision in South Cambridgeshire.

“The new Dementia Center of Excellence will provide training and research into this condition between staff and key professionals from Addenbrooke and the NHS Foundation Trust.

“There will be an on-site supply for healthcare and GP services, [and] there will be a significant net gain in biodiversity. The number of trees on the site will increase from 84 to 139.

“The new home will create around 115 new jobs, easing pressure on the NHS and local public health services.

“The scheme will contribute positively to unlocking council housing needs under larger occupied homes for families. The new building will enable the delivery of specialized care in a purpose-designed and built environment.

CGI of what the 80-bed care home in Girton would have looked like.  Image: Cassel Hotels (Cambridge)
CGI of what the 80-bed care home in Girton would have looked like. Image: Cassel Hotels (Cambridge)

Mr Roe said an assessment had been made of the existing building to see if the conversion was feasible, but he found the building was “suffering” from numerous issues, including subsidence.

But a member of the public and former councillor, Tom Bygott, underlined the importance of the main house for the community of Girton, describing it as a “beautiful and much-loved Victorian villa”.

He said: ‘Built in 1852 as a private home, it has been refurbished to the highest standard as a luxury hotel, capturing the exuberance of the Victorian era. Its unusual design combines a Dutch gable with bow windows.

“It’s an essential part of Girton’s heritage. Had it been built 20 years earlier it would have been listed as Grade II, but unfortunately Victorian buildings are not as well protected as Georgian buildings.

“Victorian architecture was considered old-fashioned and this prejudice still remains in the rules of registration.”

Mr Bygott felt that it was not necessary to demolish it to build the retirement home.

He stressed that it was a “small building on a very large piece of land”, with “enough space” to build around, adding that the “wrecking ball” should be the last option.

Cllr Dr Tumi Hawkins (Lib Dem, Caldecote) was ‘very concerned’ about the loss of the unnamed heritage property and acknowledged its importance to the people of Girton.

She added that without seeing a structural report on the subsidence referred to, she could not “take it as fact”. She added that the building was not “in ruins” or “falling down” and that work could be done to improve the fabric of the building.

The destruction of undesignated heritage property was the biggest concern of committee chairman Cllr Henry Batchelor (Lib Dem, Linton), who felt that the benefits were outweighed by the damages.

Cllr Bill Handley (Lib Dem, Over and Willingham) was concerned about comments from the NHS’ Cambridgeshire and Peterborough Clinical Commissioning Group, who said it was ‘simply not tenable’ that the services of general practitioners in the region respond to the needs of the nursing home.

The CCG said the list of practices already exceeded capacity – which Cllr Handley said the committee should not ignore.

Cllr Dr Richard Williams (Con, Whittlesford) was not satisfied that the very special circumstances needed to allow development in the green belt had been met, given that Cambridgeshire County Council had said there was no no need for beds.

He acknowledged the claimant’s report indicating the need for space in the care home, but said this did not take into account recent planning permission for another care home.

He concluded that “at best” they could say the need was “contested”.

All councilors voted to refuse the plans.


New Robinhood listing boosts earnings for Ethereum-based decentralized exchange crypto project

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Robinhood is expanding its crypto offerings by adding support for the native asset of decentralized crypto exchange Uniswap (UNI).

This week, the trading giant added support for Uniswap, which is valued at $6.79 at the time of writing, up almost 13% in the last seven days, topping a market in the stagnant cryptography.

Robinhood crypto also offers services for Bitcoin (BTC), Chainlink (LINK), Dogecoin (DOGE), Ethereum (ETH), Polygon (MATIC), Shiba Inu (SHIB), Solana (SOL) and other major crypto projects .

In May, the trading company announced that it was launching a new non-custodial and non-fungible token (NFT) crypto wallet.

Robinhood CEO and co-founder Vlad Tenev said in an interview with CNBC that the wallet will serve as a way to expand access to decentralized exchanges and transfer ownership of digital assets back to their owners.

“Our main goal is to give customers a great product, an opportunity to not only trade through Robinhood’s centralized exchange, but also to maintain complete control and custody of their keys and help them access decentralized exchanges and swap parts…

Our goal is simply to make sure this is the way for our customers to access Web 3.0 and keep their own guard in the future.

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smart money: Mohit Nigam lists 2 areas where smart money seems to be heading

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Mohit Nigam, Manager – PMS, Hem Securitiessays the smart money seems to be heading towards the FMCG and automotive sectors.

In an interview with ETMarkets, Nigam said, “India’s automotive sector is poised to rebound as demand and supply issues appear to be easing. businesses are likely to see a recovery in demand.” Edited excerpts:

Both Sensex and Nifty50 have fallen more than 1% over the past week. What led to the price action?
India’s benchmarks have corrected more than 1% over the past week as investors worry about the upcoming earnings season. Indian companies are expected to face the full brunt of rising inflation which will likely squeeze their profit margins. IT companies began reporting earnings this week. Investor sentiment hit as IT heavyweight

the results were below market sentiment. In addition, the US consumer index experienced inflation of 9.1% in June, which is the highest ever recorded in the last 4 decades. This sent negative signals to the market as investors were wary of higher than expected rate hikes by the Fed to curb the rising inflation situation.

Where do you see Nifty50 in the coming week? Are there any important levels that traders should pay attention to?
This week, Indian markets have been very volatile. Nifty was trading in a range of 15,850 to 16,250 driven by various global and domestic indices such as rising fear of inflation, volatility in crude oil prices, falling prices of various commodities, the results of computer science majors, etc. In the coming week, the market will face high volatility driven by the first quarter results of various companies and fluctuating commodity and currency prices. We believe that Nifty should hold the 15,700-16,300 level range, breakouts and breakouts on either side will decide the future direction of the Indian market.

The IT sector has fallen the most over the past week. What led to the price action? Do you think the weakness will continue or can some stocks make long-term bets at attractive valuations?
During the pandemic, the IT sector was in the limelight and rebounded, mainly driven by the growing importance of digital transformation in various sectors. This rally in the IT sector has led to very premium valuations, which are very difficult to maintain. Currently, the IT sector is under pressure due to recession fears.

The NASDAQ, the tech-heavy U.S. index that includes stocks like Amazon, Tesla and Google, has fallen about 34% from its 52-week high. The Indian IT sector follows a similar trend as most of its revenue comes from the United States. The continuous increase in the attrition rate, which leads to increased personnel costs and outsourcing costs, is also one of the challenges that IT companies face. This also results in lower margins and bottom line.

However, according to our analysis, the IT sector is now attractively priced and the current challenges would gradually start to subside from S2FY23. Thus, investors can start accumulating good quality IT stocks in a staggered manner over the long term.

The rupee is approaching Rs 80/USD. What is weighing on the currency and where do you see the currency moving in the short term?
The Indian Rupee edged closer to nearly 80 against the US Dollar yesterday. The continuous selling of Indian stocks by foreign institutional investors for nine consecutive months is now weighing on the Indian currency. After the release of higher than expected inflation figures, the US dollar continued to rise and hardened expectations of a faster and more aggressive tightening of US Fed policy. With growing recession fears, the attractiveness of the US dollar as a safe haven has also been strengthened. Through the channel of capital flows and exchange rates, emerging markets will be under pressure due to the continued aggressive monetary policy action of the US Fed. Expectations of a widening current account deficit in the current fiscal year and a bullish greenback would continue to keep the rupiah under moderate pressure. We expect the Rupee to depreciate to 81 levels before the end of FY23. However, with the intervention of RBI in the foreign exchange market with a proposal of a number of initiatives to attract investment international markets will cushion the fall of the national currency.

Where does the smart money seem to be moving? What do the techniques suggest?
Smart money seems to be heading towards the FMCG and automotive sectors. India’s automotive sector is poised to rebound as demand and supply issues appear to ease. Additionally, with expectations of a normal monsoon and a slowdown in commodity prices like palm oil, FMCG companies should see demand recover.

Any top 3-5 technical trading ideas for the next 3-4 weeks?
Asian Paints: The stock bottomed forming a cup and handle pattern on the daily charts and recently it broke out of this pattern. The stock is now moving in a higher higher lower pattern with large volumes.

Hindustan Unilever: The daily chart recently saw a breakout of the Head and Shoulder pattern with large volumes and after breaking out, the stock retested the pattern’s neckline to levels around Rs 2,450 and started moving again.

Larsen & Toubro: The title is showing strength after experiencing a sharp drop. It formed a W pattern, and pattern breaking also occurred with large volumes. Now the stock is rising and has started to form a higher higher lower pattern.

(Disclaimer: The recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Chandigarh: Vegetable and fruit vendors cannot use colored lights, according to High Court rules

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The High Court of Punjab and Haryana has ended the use of colored lights by vegetable and fruit vendors in city markets. The HC said it deserved to ensure that “no lights other than white lights are used by vegetable and fruit vendors”.

Judge Rajbir Sehrawat’s bench passed the order while hearing a case concerning Grain Market, Sector 26, Chandigarh here on Thursday.

Judge Sehrawat said that “Vendors in the Grain Market, Sector 26, Chandigarh, as well as in the weekly mandis use colored lights in the evening, depending on the color of the vegetables and fruits, to mask the true characteristics of the vegetables and the the fruits they sell, leading to scam buyers.

The HC has ordered the Chandigarh administration to file a report listing the measures taken to ensure that only white lights are used in all markets.

The HC was hearing a petition filed by Amit Kumar Bansal and others, residents of Sector 26 Grain Market, which is a SCF (Shop-cum-flat), against contractors charging parking fees at the Grain Market .

At the previous hearing, the HC was informed by an SHO that letters had been written to Chandigarh administration authorities and the market committee to provide details of the persons responsible for overseeing the grain market and its parking management. However, this information was not disclosed.

As the hearing on the matter resumed, Chandigarh administration’s senior permanent lawyer, Anil Mehta, said all available evidence had been provided to the police. Now it is up to the police to proceed according to the law.

Sub-Inspector Karan Singh, the investigating officer in the case, said evidence had been received and police were assessing it in order to pursue the case further. The HC then ordered the police to file a status report regarding the FIR and the administration to file one regarding disciplinary action taken against those responsible for running the grain market.

Guangdong to further promote carbon market construction

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On July 13, China’s Guangdong provincial government released a new green finance development plan to support the implementation of carbon peak actions. The program requires that by 2025, 40 green franchise locations be established in the province and that the growth rate of green loan balances be no less than the growth rate of various loan balances. By 2030, the proportion of green credit in all loan balances will reach around 10% and the carbon finance market should operate efficiently.

This framework supports Guangzhou Futures Exchange to accelerate the listing of futures contracts that serve green development, such as electricity, silicon and lithium, and develop carbon financial derivatives to serve the construction of the national futures market. term on carbon.

The authorities are also encouraging financial institutions to engage in carbon market transactions based on meeting regulatory requirements, providing services such as fund deposit, clearing, settlement, carbon asset management and the opening of agency accounts for carbon transactions. Financial institutions are also encouraged to explore the cross-border carbon trade facilitation mechanism, launch foreign exchange pilot projects for carbon emissions trading, actively use the cross-border RMB payment system, and introduce investors from Hong Kong. Kong, Macao and overseas.

In terms of varieties of carbon financial instruments, the program proposes to explore financial products such as carbon asset mortgage financing, carbon asset custody, carbon buyback, carbon fund, carbon leasing and structured deposits of carbon emission rights income. It could therefore increase the liquidity of the carbon market. In addition, the program helps financial institutions develop new mortgage financing models based on environmental rights such as carbon rights, emission rights, energy use rights and rights. of green projects.

SEE ALSO: Beijing releases plan to peak carbon emissions in construction

In terms of corporate carbon emissions, the program proposes to build a green financial innovation and development platform based on the Shenzhen Stock Exchange, order listed companies to actively disclose their carbon emissions information and launch product innovations such as the Green Securities Index and Social and Corporate Governance (ESG) Rating Systems”.

In terms of regulation and supervision, the program proposes to strengthen the monitoring of the use and management of funds for green financial products. It guides financial institutions to strengthen the tracking management of green financial product funds and oversees the use of product funds in accordance with agreed objectives. If illegal misappropriation of funds is detected, the necessary internal risk control measures must be taken quickly.

Creative Medical Technology: Cancellation/Violation of Listing Rule/Transfer of Listing – Form 8-K

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celz_8k.htm

UNITED STATES

SAFETY AND EXCHANGES COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Report date (date of first reported event): July 8, 2022

Creative Medical Technology Holdings, Inc.

(Exact name of the declarant as specified in its charter)

Nevada

000-53500

87-0622284

(State or other jurisdiction

of incorporation)

(Commission

File number)

(IRS Employer

ID number)

211 E Osborn Road, Phoenix, AZ85012

(Address of main executive offices)

(480) 399-2822

(Telephone number of holder, including area code)

Check the appropriate box below if the filing of Form 8-K is intended to concurrently satisfy the filer’s filing obligation under any of the following provisions:

Written communications pursuant to Rule 425 of the Securities Act (17 CFR 230.425)

Solicit material in accordance with Rule 14a-12 of the Exchange Act (17 CFR 240.14a-12)

Pre-opening communications pursuant to Rule 14d-2(b) of the Exchange Act (17 CFR 240.14d-2(b))

Pre-opening communications pursuant to Rule 13e-4(c) of the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trade

Symbol(s)

Name of each exchange listed on

Common shares, par value $0.001 per share

CELZ

The Nasdaq Stock Market LLC

Indicate with a check mark whether the registrant is an emerging growth company within the meaning of Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b -2) .

Emerging growing business ☐

If the company is an emerging growth company, indicate with a check mark whether the registrant has elected not to use the extended transition period to comply with new or revised financial accounting standards under the section 13(a) of the Exchange Act. ☐

Item 3.01. Notice of deregistration or non-compliance with a rule or standard for maintaining registration; Registration transfer.

On July 8, 2022, Creative Medical Technology Holdings, Inc. (the “Company”) received a letter from the Nasdaq Stock Market stating that the Company was not in compliance with Nasdaq listing rule 5550(a)(2). ) because the closing offer price of the Company’s common stock was less than $1.00 per share for 30 consecutive business days. The opinion has no immediate impact on the Company’s listing.

Under Nasdaq listing rules, the company has a 180-day grace period, until January 4, 2023, during which the company can revert to compliance if the bid price for its common stock closes at 1, $00 per share or more for a minimum of ten consecutive trades. days. The Company may be eligible for an additional 180-day grace period if the Company meets the Nasdaq Initial Listing Standards (other than with respect to minimum offering price) for the Nasdaq Capital Market.

The Company intends to actively monitor the bid price for its common stock through January 4, 2023 and will review available options to restore compliance with the Nasdaq minimum bid price requirements.

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

Creative Medical Technology Holdings, Inc.

Date: July 14, 2022

By:

/s/ Timothy Warbington

Timothy Warbington, Managing Director

TalkTalk and Virgin Media block Penny Mordaunt’s ‘unsuitable’ website

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The endless debate over the UK Government’s bloated and inconsistent Online Safety Bill (OSB) took another twist today after the Open Rights Group (ORG) pointed out that two of the biggest ISPs in broadband, Virgin Media (VMO2) and TalkTalk, were blocking access to MP Penny Mordaunt’s website under the heading “unsuitable for children“.

Currently, all major ISPs in the market are required, under a semi-voluntary agreement with the government, to adopt network-level filtering systems (aka – Active Choice More), which are usually enabled by default (you can optionally disable it). The intention is to prevent children from seeing unsavory online content, while customers can also have the option to filter by age, time and on different categories of content.

However, it’s no secret that such filters can be inaccurate and can block harmless websites (overblocking), something we’ve seen happen many times before. Often, the owner of the associated websites won’t even know this is happening unless one of their end users reports it, or is monitoring network traffic very closely (even then, it may not be obvious). Unblocking can also take a bit of time.

The BSF is likely to cause a lot more blockages, so it is with great irony that one of the Bill’s biggest supporters and a favorite in the race to become the next Prime Minister, Penny Mordaunt, MPhad its website (http://pm4pm.com) blocked by TalkTalk and Virgin Media’s network level filtering (Parental control) systems.

ORG Statement

The Online Safety Bill will create industry-wide systems to remove content deemed dangerous.

Schemes introduced by broadband providers after pressure from the government of David Cameron block Penny Mordaunt’s website as unsafe for children on TalkTalk and Virgin Media today, illustrating the kinds of problems the Bill on the online security will create.

Blocks can be checked using Open Rights Groups’ Blocked.org.uk tool to monitor online censorship.

At this time, it is unclear precisely why the ISPs blocked the website, although Virgin Media’s related block page states: “We believe this site may contain material that is not suitable for children, so it has been blocked by your account’s Web Safe settings.” – [Insert various puns here about UK politicians being deemed unsafe for children].

Blocking systems and lists are often operated by third-party commercial companies, although a few years ago we were told that critical sites could be whitelisted to avoid precisely this sort of thing, which is not clearly didn’t work in this case.

We should point out that ORG’s block monitor seems to report that the encrypted version (HTTPS://) of Mordaunt’s website is working, although it is incorrectly listed as having a “SSL error“. We ran a few checks and found no issues with the site’s Cloudflare SSL certificate. But ISP customers are reporting that the HTTPS:// version of the site is also blocked when filters are enabled, it’s just that ORG’s monitoring system has trouble with encrypted domains (they recognize it and say that ‘it’s best to check with HTTP:// because it’s Suite’exact“).

As we always say, it is impossible for ISPs to completely block websites that exist on remote internet servers. Such a blockage is therefore only a placebo, the equivalent of leaving a door wide open with the mention “Do not enter” stuck outside. This is not the ISPs fault and reflects how the internet works. Anyone wishing to access this content will be able to easily circumvent the blocks using VPNs, proxy servers, etc., depending on the blocking method used.

Naturally, we asked both TalkTalk and Virgin Media to explain why they are blocking the website of a democratically elected Minister of Parliament. We’ll update when they respond, not that Virgin takes any of this seriously (here).

Comera Life Sciences announces favorable preclinical results on the safety of the excipient Lead SQore

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WOBURN, Mass., July 13. 10, 2022 (GLOBE NEWSWIRE) — Comera Life Sciences Holdings, Inc. (Nasdaq: CMRA), a life sciences company developing a new generation of bio-innovative biologic drugs to improve patient access, safety and security convenience, announced favorable initial results from its recently completed SEQURUS-1 study. The results of this preclinical study provide supporting evidence for the safety of Comera’s caffeine-based SQore™ primary vehicle when administered as a subcutaneous (SQ) biologic drug formulation with a monoclonal antibody (mAb).

Many mAb therapies are administered by intravenous (IV) injection because the solutions exhibit high viscosity at high concentrations, preventing the manufacture and injection of concentrated drug to the volumes needed for SQ administration. Using its proprietary formulation platform, SQore, Comera is developing excipients that enable the delivery of SQ. The addition of excipients, such as caffeine, interrupts intermolecular interactions to reduce the viscosity of high concentration mAb formulations.

The SEQURUS-1 study was designed to assess the safety of caffeine when given SQ in combination with ipilimumab, an mAb therapy that acts to activate the immune system by targeting CTLA-4 to treat melanoma, as a model protein. SEQURUS-1 demonstrated no evidence of local or systemic caffeine toxicity when administered subcutaneously with ipilimumab in animals. Additionally, rapid caffeine clearance was observed within eight hours in test animals, consistent with modeled predictions. Initial data also show no evidence of impact of caffeine on ipilimumab absorption.

“Our previously published data on this SQ drug product showed favorable viscosity reduction and stability,” said Robert Mahoney, Ph.D., Chief Scientific Officer of Comera. “The first positive results of this SEQURUS-1 study validate the safety in animal models of our main SQore excipient, caffeine. The product demonstrated rapid caffeine clearance and no impact on ipilimumab absorption. We look forward to further evaluation liveto further support the potential value of our proprietary excipient technology platform to provide alternative options to patients.

The study evaluated three different SQ test formulations, including a caffeine-containing ipilimumab formulation, an ipilimumab-only (caffeine-free) formulation, and a caffeine-only (ipilimumab-free) formulation. A control formulation of ipilimumab IV without caffeine was included as a reference group. Local toxicity was assessed by visualization and palpation of the injection site and systemic toxicity was assessed by body weight and viability. Additional exploratory data were collected on ipilimumab pharmacokinetic (PK) parameters to assess the impact of caffeine on ipilimumab absorption, distribution, and clearance.

A larger study, SEQURUS-2, was initiated to provide a statistically robust assessment of caffeine on the PK of ipilimumab administered by SQ, and was designed to extend the exploratory PK analysis performed in SEQURUS-1. Comera plans to present the first results of the SEQURUS-2 study during the 14e Annual Bioprocess Summit to be held in Boston August 14-18, 2022.

The live the data generated by the two SEQURUS studies complement those previously published by Comera in vitro analytical results in the Journal of Pharmaceutical Sciences demonstrating achievement of favorable viscosity reduction and stability meeting the criteria for a viable SQ drug product formulation. The monoclonal antibody ipilimumab (brand Yervoy®) was chosen for evaluation as a representative example of a commercially successful and widely used monoclonal antibody for which no SQ formulation is commercially available.



About Comera Life Sciences
Leading a compassionate new era in medicine, Comera Life Sciences applies deep knowledge of science and formulation technology to transform essential biological medicines from intravenous (IV) to subcutaneous (SQ) forms. The goal of this approach is to offer patients the freedom of self-injectable care, reduce institutional dependency, and put patients at the center of their treatment regimen.

To learn more about the Comera Life Sciences mission, as well as the exclusive SQore™ platform, visit https://comeralifesciences.com/.

Forward-looking statements
This press release contains “forward-looking statements” within the meaning of the federal securities laws. These forward-looking statements are generally identified by the words “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity “, “plan,” “may,” “should,” “will,” “would,” “will,” “will,” “will likely,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained herein, including, but not limited to: the risks that the recently completed business combination will disrupt the Company’s current plans and its ability to retain its employees; the Company’s ability to maintain the listing of its securities on the Nasdaq Capital Market; the effect of the COVID-19 pandemic on the Company’s business; the price of the Company’s securities may be volatile due to a variety of factors, including changes in the competitive and highly regulated industries in which the Company plans to operate, variations in performance among competitors, changes in laws and regulations affecting the Company’s business and changes in capital structure; the ability to implement business plans, forecasts and other expectations and to identify and realize additional opportunities; the risk of downturn and the possibility of rapid change in the highly competitive industry in which the Company operates; the risk that the Company and its current and future associates may not be able to successfully develop and market the Company’s products or services, or experience significant delays in doing so; the risk that we may not be able to continue to attract and retain third-party collaborators, including collaboration partners and licensors; the risk that the Company will never achieve or maintain profitability; the risk that the Company needs to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company may experience difficulty managing its growth and expanding its business; the risk that third-party suppliers and manufacturers may not be able to fully and timely fulfill their obligations; the risk that the Company may not be able to secure or protect its intellectual property; the risk that the Company may not be able to obtain regulatory approval for its product candidates; general economic conditions; and other risks and uncertainties noted in the current report on Form 8-K filed with the SEC on May 25, 2022 under “Risk Factors” and in other filings that have been or will be filed with the SEC. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Comera’s current report on Form 8-K filed with the SEC on May 25, 2022 and other documents filed by Comera. from time to time near the second. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and Comera undertakes no obligation and does not intend to update or revise such forward-looking statements, whether as a result of new information, future events or otherwise. Comera cannot guarantee that it will meet its expectations.

contacts

Comera Investor
John Woolford
ICR Westwicke
[email protected]

Comera Press
Karen Chase
ICR Westwicke
[email protected]


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Filipino billionaire Andrew Tan’s Emperador to expand investor base with secondary listing on SGX

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Emperador, controlled by billionaire Andrew Tan, will begin trading tomorrow on the Singapore Stock Exchange as the Philippine liquor giant seeks to broaden its investor base and fund its international expansion plans.

“Emperador’s secondary listing on the SGX is a key step in developing our business as an international brandy and whiskey company, reflecting our global reach and the strength of our world-class brand portfolio,” Winston Co , group chairman and CEO of Emperador, said in a statement ahead of the listing. “This will expand opportunities for investor participation in Singapore and beyond as we continue to invest in our ambitious international expansion.”

With a market capitalization of 280 billion pesos ($5 billion), Emperador shares fell from their peak of 24.30 pesos in February as the company reported stable first-quarter net profit growth after jumped 25% to 10 billion pesos in 2021. Analysts believe the secondary listing in Singapore will boost the stock’s appeal to international investors. “There could be a better appreciation of its international whiskey business there,” said April Lee-Tan, chief equity strategist at Philippine brokerage COL Financial.

The secondary listing is jointly managed by UBS AG and JPMorgan, whose mandate is to explore ways to increase the stock’s trading liquidity. “Emperador is truly an international company,” said Joey Roxas, president of Philippine brokerage Eagle equities. “It will benefit from its listing on an international stock exchange. Its whiskey products are known worldwide.

Founded in 1979, Emperador was tycoon Andrew Tan’s first venture before moving into real estate. Over the past decade, the company has grown to become the largest liquor manufacturer in the Philippines with the acquisition of Whyte & Mackay, the world’s fifth largest producer of Scotch whiskey by volume, in 2014, and the Spanish Bodegas Fundador, the world’s leading manufacturer of brandy. the next year.

Emperador is a subsidiary of Tan’s holding company, Alliance Global, which earmarked 60 billion pesos this year to expand its business in real estate, alcoholic beverages and the fast-food chain. Tan chairs Alliance Global, Emperador and Megaworld, which has built a portfolio of residential condominiums, offices, hotels, shopping malls and townships across the Philippines over the past three decades. With a net worth of $2.6 billion, Tan ranked No. 8 when the Philippines’ 50 richest list was last released in September.

Review: Simple – Intermittent Fasting App

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Luna Reef brings unique cuisines from around the world to the Jeddah dining table

JEDDAH: Luna Reef Restaurants, located inside the Jeddah Yacht Club, has brought together five restaurants, each offering authenticity and class and offering the best sea views in town: Italian restaurants Madeo and Le Vesuvio, French gourmet restaurant Le Comptoir De Nicole, the Sri Lankan restaurant Hoppers and the pizzeria Emmy Squared Pizza.

The chefs of each restaurant are working hard to move their premises to a more permanent location so that they can become part of the Kingdom’s already growing collection of superb restaurants.

Daniel Lewis, the executive branch chef at Emmy Squared Pizza, said they are always open to trying new things. The pizzeria recently offered the “Loaded Ronni” pizza, given the Saudi predilection for pepperoni pizza.

The pizzeria is a must for those who love comfort food. The pizzas are cooked in a square metal plate covered with brown butter. The spongy dough pairs sublimely with the mozzarella cheese, baked to golden perfection.

QUICKDO

The French restaurant Le Comptoir De Nicole takes its name from Old French; the word “counter” is used today to describe a relaxed, casual dining setting.

“In America, this kind of pizza is called a pie, and if you talk to an Italian chef, they’ll tell you it’s not pizza. However, the quality of the ingredients we use is what matters most. We source the best ingredients we can from globally, so that’s what sets us apart from regular pizza,” Lewis said.

Some of the ingredients used in the pizza are shipped here from Italy to ensure they are the best on the market. The chef said they are always working to put a Saudi touch on things.

“I have some Middle Eastern experience, but this year I’m going to dive much deeper into the culture and try to adapt some of our recipes and offerings to people here. While doing that, we still want to maintain the award-winning standard we have set.

Asked about his favorite aspect of the restaurant, he said it was a perfect setting for groups: “Above all, it’s about sharing. It’s very relaxed. »

Madeo, for his part, represents not only Italian cuisine but the heritage of an Italian family. It is owned and managed by Alfio Vietina and his wife Elvira Buffoni. For more than 35 years, they have been creating recipes and intend to pass them on to future generations.

For Madeo, the main idea is not to change the Italian cuisine but to stay consistent and deliver to Jeddah the same food that is served in their Los Angeles branch.

QUICKDO

The square pizza trend caught on with mechanics in Detroit, as they would keep screws and other smaller components in similar tin boxes; later they would take them home and bake pizzas in them.

“We have to follow the recipe, and every day we try to make the best version of it. We are very pleased to offer our customers an Italian dining experience,” said Davide Figliolini, Executive Chef of Madeo.

The restaurant has kept its cuisine simple but delicious, so it appeals to all palates.

Guests at French restaurant Le Comptoir De Nicole, meanwhile, say it’s “the perfect place to fall in love” with its beautiful view of the nightly fireworks. It presents the signature dishes of Nicole Rubi, who has captured the spirit of Nice, located on the Côte d’Azur, in her culinary creations. Fresh burrata and Wagyu beef tagliata are among the restaurant’s bestsellers.

Chef Joginder Dham said: “The coast of Jeddah is the perfect setting for the bright and cheerful Comptoir de Nicole. I’m happy to bring Mediterranean classics to the Red Sea.

STEALTH BIOTHERAPEUTICS ANNOUNCES RECEIPT OF A NASDAQ NON-COMPLIANCE NOTICE

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BOSTON, July 11, 2022 /PRNewswire/ — Stealth BioTherapeutics Corp (Nasdaq: MITO), a clinical-stage biotechnology company focused on the discovery, development and commercialization of novel therapies for diseases involving mitochondrial dysfunction, announced that it has received a letter from the Department Listing Qualifications of The Nasdaq Stock Market LLC (“Nasdaq”) on July 7, 2022 advising the Company that, based on the Company’s continued failure to meet the minimum offering price and market value requirements for listed securities as set forth in Nasdaq’s listing rules 5450(a)(1 ) and 5450(b)(2), the Company’s securities would be delisted from the Nasdaq unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”).

Pursuant to the letter, unless the Company requests an appeal, trading in the Company’s American Depositary Shares will be suspended at the opening of business on July 18, 2022, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the company’s securities from listing and registration on the Nasdaq stock market. The Company expects to request a panel hearing in due course, such request will suspend any further action by Nasdaq at least until the hearing process is complete.

As previously indicated, the Company has received a preliminary non-binding proposal letter dated June 24, 2022 of Morningside Venture (I) Investments Ltd. for itself and on behalf of its affiliates (“Morningside”) and J. Wood Capital Advisors LLC to acquire all outstanding shares of common stock of the Company not already beneficially owned by Morningside under a privatization transaction (the “proposed transaction”). The Special Committee of three independent directors of the Company’s Board of Directors has retained the services of Houlihan Lokey Capital, Inc. as financial advisor to assist the Special Committee in its review of the proposed transaction and any other strategic transactions involving the society. No decision has been made at this time regarding the proposed transaction. Depending on the status of the proposed transaction, the Company may discuss it with the panel and request an extension of time to complete the proposed transaction if necessary. The Company further intends to present to the Panel its plan to regain compliance with all applicable listing criteria and request an extension of time to do so.

About Stealth

We are a clinical-stage biotechnology company focused on the discovery, development and commercialization of novel therapies for diseases involving mitochondrial dysfunction. Mitochondria, found in almost every cell in the body, are the body’s main source of energy production and are essential for the normal functioning of organs. Dysfunctional mitochondria characterize a number of rare genetic diseases and are implicated in many common age-related diseases, typically involving energy-intensive organ systems such as the heart, eyes, and brain. We believe that our lead product candidate, elamipretide, has the potential to treat both rare metabolic cardiomyopathies, such as Barth syndrome, DMD and Friedreich’s ataxia, primary mitochondrial myopathy caused by mutations of nuclear DNA, as well as ophthalmic diseases resulting in mitochondrial dysfunction, such as dryness, age-related macular degeneration and Leber’s hereditary optic neuropathy. We are evaluating our second-generation clinical-stage candidate, SBT-272, and our novel small molecule series, SBT-550, for rare neurological disease indications following promising preclinical data. We have optimized our discovery platform to identify novel mitochondria-targeting compounds that can be designated as drug candidates or used as mitochondria-targeting vectors to deliver other compounds to mitochondria.

Forward-looking statements

This report on Form 6-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include those regarding Stealth BioTherapeutics’ expectations regarding its continued Nasdaq listing and interactions with the Nasdaq, including its intention to appeal the letter. Statements that are not historical facts, including statements about Stealth BioTherapeutics’ beliefs, plans and expectations, are forward-looking statements. The words “anticipate”, “expect”, “hope”, “plan”, “potential”, “possible”, “will”, “believe”, “estimate”, “intend”, ” may”, “predict”, “project”, “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Stealth BioTherapeutics may not achieve the plans, intentions or expectations disclosed in such forward-looking statements, and you should not place undue reliance on such forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements due to known and unknown risks, uncertainties and other important factors, including: Stealth BioTherapeutics’ ability to obtain additional financing and to continue a business as a going concern; the impact of the COVID-19 pandemic; the ability to successfully demonstrate the efficacy and safety of Stealth BioTherapeutics’ and future product candidates; preclinical and clinical results of Stealth BioTherapeutics’ product candidates, which may not support further development and marketing approval; the potential benefits of Stealth BioTherapeutics’ product candidates; the content and timing of decisions made by the U.S. Food and Drug Administration or other regulatory authorities, research review boards at clinical trial sites, and publication review bodies, which may affect the initiation, timing and progress of preclinical studies and clinical trials of the Stealth BioTherapeutics product candidates; Stealth BioTherapeutics’ ability to obtain and maintain required regulatory approvals and enroll patients in its planned clinical trials; unforeseen cash requirements and expenditures; competitive factors; Stealth BioTherapeutics’ ability to obtain, maintain and enforce patent and other intellectual property protections for any product candidates it develops; and general economic and market conditions. These and other risks are described in greater detail under the heading “Risk Factors” included in Stealth BioTherapeutics’ most recent Annual Report on Form 20-F filed with the Securities and Exchange Commission (“SEC”), as well as in any future filings. with the SEC. Forward-looking statements represent management’s current expectations and are inherently uncertain. Except as required by law, Stealth BioTherapeutics undertakes no obligation to update any forward-looking statements we have made to reflect subsequent events or circumstances.

Investor Relations
Kendall Investor Relations
Adam Berodoctorate
[email protected]

[email protected]

SOURCE Stealth BioTherapeutics Inc.

Emperador set to list its shares on SGX

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Emperador Inc. announced on Monday that it is preparing to list its shares on the main board of the Singapore Exchange Securities Trading Ltd. (SGX) this week after meeting the conditions outlined in its listing eligibility document.

Shares of the liquor company run by Andrew Tan will trade on SGX under the symbol “EMI” from June 14.

Its ticker symbol on the Philippine Stock Exchange (PSE) will also be changed to “EMI” from the current “EMP”.

“Emperador’s secondary listing on the SGX is a key step in developing our business as an international brandy and whiskey company, reflecting our global reach and the strength of our world-class brand portfolio. This will expand opportunities for investor participation in Singapore and beyond as we continue to invest in our ambitious international expansion,” said Winston Co, Chairman of the company.

While listing on the SGX, Emperador will continue to maintain its primary listing on the PSE and the stock is expected to trade simultaneously on both exchanges, making it the first PSE-listed company to have a secondary listing on the SGX.

UBS AG, Singapore Branch and JP Morgan Ltd. act as co-managers for the proposed secondary listing.

“Investment banks have been mandated to explore ways to introduce liquidity into the proposed secondary listing, subject to market conditions and the satisfaction of ETL conditions,” the company said.

Emperador began by selling brandy of the same name, but eventually acquired well-known European distilleries and wineries.

He now owns UK-based Whyte and Mackay Group Ltd., the world’s fifth-largest Scotch whiskey maker; Bodegas Fundador in Spain, owner of the iconic Fundador brand; and Domecq Bodega Las Copas which makes spirits and Mexican wines.

In 2020, the company’s brandy products held an 86.5% market share among all domestic and imported brandies in the Philippines based on volume, according to Nielsen Co.

With the pandemic, however, its domestic sales have lagged due to a series of shutdowns and the imposition of liquor bans by local government units. Its international sales, meanwhile, have taken over.

In the first half, its brandy revenue increased 10% to 16.34 billion pesos from 14.9 billion pesos last year, while Scotch whiskey revenue increased 35% to 8, 99 billion pesos against 6.63 billion pesos previous.

Q&K Receives NASDAQ Notifications – GuruFocus.com

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SHANGHAI, China, May 11, 2022 (GLOBE NEWSWIRE) — Q&K International Group Limited (QK) (“Q&K” or the “Company”), a technology-driven long-term apartment rental platform in China, announced today that it has received written notification (the “Notification Letter”) from Nasdaq Stock Market LLC (“Nasdaq”) dated May 9, 2022 that the Company is in breach of the minimum market value of shares held by the public (“MVPHS”) set forth in the Nasdaq Rules for Continuing Listing on the Nasdaq Global Market. Nasdaq listing rule 5450(b)(3)(C) requires companies to maintain a minimum MVPHS of US$15 million, and listing rule 5810(c)(3)(D) requires that companies maintain a minimum MVPHS of US$15 million. ‘there is a non-compliance with the MVPHS requirement if the shortfall continues for a period of 30 consecutive business days. Based on the Company’s MVPHS for the 30 consecutive business days from March 25, 2022 through May 6, 2022, the Company no longer meets the minimum MVPHS requirement. This notification does not affect the listing and trading of the Company’s securities at this time.

Pursuant to Nasdaq Listing Rule 5810(c)(3)(D), the Company has a compliance period of 180 calendar days (or until November 7, 2022) to reestablish compliance. If, at any time during this compliance period, the company’s MVPHS closes at US$15 million or more for at least ten consecutive business days, Nasdaq will notify the company that it has achieved compliance with the MVPHS requirement, and the MVPHS case will be closed.

In the event that the Company does not return to compliance with Rule 5450(b)(3)(C) prior to the expiration of the compliance period, it will receive written notice that its securities are subject to delisting. Alternatively, the Company may consider requesting the transfer of its securities to the Nasdaq Capital Market.

The business activities of the Company are not affected by the receipt of the notification letter.

About Q&K

Q&K International Group Limited (QK) is a technology-driven long-term apartment rental platform in China. The company provides young, emerging urban residents with conveniently located, move-in-ready and affordable branded apartments, as well as a variety of value-added services. Q&K relies on advanced computer and mobile technologies to manage rental apartments in different cities in China. Technology is at the core of Q&K’s business and is applied to its operational process, from apartment sourcing, renovation and tenant acquisition to property management. The focus on technology enables Q&K to operate a large, dispersed and rapidly growing apartment portfolio with high operational efficiency and deliver a superior user experience.

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation. Reform Act. 1995. These forward-looking statements can be identified by words such as “will”, “expect”, “anticipate”, “future”, “intend”, “plan”, “believe”, ” esteem” and similar statements. Among other things, management’s quotes in this press release and the operations and business prospects of the Company and its subsidiaries (collectively, the “Group”) contain forward-looking statements. Such statements involve certain risks, uncertainties and other factors that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include, but are not limited to: the Group’s ability to access timely financing on favorable terms and to maintain and develop its cooperation with financial institutions; the Group’s ability to continue operations in the future or to achieve or maintain profitability; the Group’s ability to respond effectively to challenges and uncertainties resulting from the COVID-19 pandemic and other epidemics and disasters; the Group’s ability to control the quality of its operations, including the operation of rental apartments managed by third-party service providers; the Group’s ability to manage its growth; the Group’s ability to integrate strategic investments, acquisitions and new business initiatives; the Group’s ability to attract and retain tenants and landlords, including tenants and landlords of its acquired leases; the Group’s ability to resolve disputes with third parties; the Group’s ability to manage its brand and reputation; the Group’s objective and strategies; the Group’s limited operating history; the Group’s ability to compete effectively; and assumptions underlying or relating to any of the foregoing. Further information regarding these and other risks is included in the Group’s filings with the United States Securities and Exchange Commission. Except as required by law, the Group assumes no obligation to update forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

Questions and answers

E-mail: [email protected]

Christensen

In China
Mr. René Vanguestaine
Phone: +852-6686-1376
E-mail: [email protected]

In U.S
Mrs. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: [email protected]

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Arqit does an industrial demonstration – GuruFocus.com

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LONDON, May 11, 2022 (GLOBE NEWSWIRE) — Arqit Quantum Inc. (“Arqit”), a leader in quantum encryption technology, and Blue Mesh Solutions Limited (“Blue Mesh”), a UK-based sensor and ‘IoT, have successfully completed and demonstrated a Quantum Secure “MQTT” (MQ Telemetry Transport) service for Industrial IoT.

The project was funded by the UK government’s Department for Digital, Culture, Media and Sport (DCMS) 5G Trials and Testbeds programme.

The global Industrial Internet of Things market is potentially very large. However, due to the limited computing resources typically used in IoT sensors and the proliferation of endpoints, encryption is often overlooked, with 83% of all online IoT transactions being in plain text according to cloud security firm Zscaler.

Arqit and Blue Mesh have collaborated to integrate Arqit’s QuantumCloud™ to secure sensor network equipment through a security enhancement of an internationally standardized protocol known as MQTT, which is a ubiquitous method used to send data from industrial IoT devices to cloud servers for data manipulation and analysis.

Adding a layer of security to the existing MQTT standard increases the protection of IoT systems used in mission-critical assets such as ports, petrochemical industries, and railway networks.

Arqit Founder, President and CEO David Williams said: “We are delighted to have provided this capability to improve industrial IoT security. Our core product, QuantumCloud™, offers more powerful and simpler key agreement technology to counter the threats we read about every day, and it has built-in protection against future quantum attack threats. We believe QuantumCloud™ provides a significant advantage to many potential customers in mission-critical IoT networks by solving MQQT encryption issues and ensuring privacy.

Blue Mesh Solutions Managing Director Richard Brooks said: “Having the opportunity to work with Arqit’s QuantumCloud™ to build the world’s most secure live IoT sensor data solution is extremely important for the future of IoT, artificial intelligence, surveillance state, autonomous transportation, and any number of digital systems that require the highest level of asset and data security.By increasing IoT data security to a quantum safe level, we can help protect all electrical, chemical, transportation and energy assets that require the highest level of operational data security.

About Arqit

Arqit provides a unique quantum encryption platform as a service that secures the communication links of any networked device against current and future forms of attack, even from a quantum computer. Arqit’s product, QuantumCloud™, allows any device to download a lightweight software agent, which can create encryption keys in partnership with any other device. The keys are computer-secured, optionally single-use and trustless. QuantumCloud™ can create unlimited volumes of keys in unlimited group sizes and can regulate secure entry and exit of a device into a group. The addressable market for QuantumCloud™ is each connected device.

Media Relations Inquiries:
Arqit: [email protected]
FTI advice: [email protected]

Investor Relations Requests:
Arqit: E : [email protected]
Bridge: [email protected]

About Blue Mesh Solutions (BMS)

BMS is a leading UK technology company providing innovative IoT solutions to improve traditional ways. They work closely with UK5G and the DCMS 5G Testbed program.

Their mission is to help make sense of the data collected by sensors through 5G networks and help their customers turn an experimental idea or system into proven solutions.

Ongoing projects they are currently involved in include:

1. Smarter Parking – using Bluetooth sensors – and Google Maps for the parking space to show drivers when it is free.
2. AI-powered predictive maintenance – using 5G and our own sensor data network, helping to make long-term management of large assets powered by AI.
3. Make IoT data unbreakable – using QuantumCloud for security and MQTT for the communication layer.

They have technology collaborations with Nordic Semiconductor, Wirepas, Cambridge University and Arqit, as well as collaborations with Google, Wayra, Cambridge University, Center for Smart Infrastructure, Cambridge Science Park and Three.

Media Relations Inquiries:
BMS: [email protected]

Caution Regarding Forward-Looking Statements

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, may be forward-looking statements. These forward-looking statements are based on Arqit’s expectations and beliefs regarding future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond Arqit’s control. Forward-looking statements contained in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for Arqit to predict these events or how they might affect it. Except as required by law, Arqit undertakes no obligation and does not intend to update or revise any forward-looking statements contained in this communication or elsewhere after the date of publication of this communication. In light of these risks and uncertainties, investors should keep in mind that the results, events or developments discussed in any forward-looking statements made in this communication may not occur. Uncertainties and risk factors that could affect Arqit’s future performance and cause results to differ from the forward-looking statements contained in this release include, but are not limited to: (i) the outcome of any legal proceedings that may be brought against Arqit regarding the business combination, (ii) the ability to maintain the listing of Arqit’s securities on a national stock exchange, (iii) changes in the competitive and regulated industries in which Arqit operates, variations in operating performance between competitors and changes in laws and regulations affecting Arqit’s business, (iv) the ability to implement business plans, forecasts and other expectations, and to identify and realize additional opportunities, (v) Arqit’s potential inability to convert its pipeline of contracts or pending orders into revenue, (vi) Arqit’s potential inability to successfully deliver its operating technology which is still under development, (vii) the risk of interruption n or failure of Arqit’s information and communication technology system, (viii) the enforceability of Arqit’s intellectual property Arqit, and (ix) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Caution Regarding Forward-Looking Statements” in Arqit’s Annual Report on Form 20-F (the “Form 20-F ”), filed with the United States Securities and Exchange Commission (the “SEC”) on December 16, 2021 and in subsequent filings with the SEC. Although the list of factors discussed above and in Form 20-F and other filings with the SEC are believed to be representative, no such list should be considered a complete statement of all risks and uncertainties. potentials. Factors not listed may present additional material impediments to the making of forward-looking statements.

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Ho Chi Minh City, Vietnam uses advanced technology to manage waste – OpenGov Asia

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Health engineering is the integration of engineering knowledge into health practices, including the detection, prevention, diagnosis, treatment and management of disease, and the preservation and improvement of health and physical and mental well-being, using the services provided by Allied Physicians and Health Professionals.

Creating and integrating a collaborative engineering tool in healthcare has a long history of success. Recent changes in industrialization and the expansion of global digitalization are increasing the demand for integration and transformation of more particular knowledge in all sectors, including healthcare.

In an exclusive interview with Mohit Sagar, Group Managing Director and Editor-in-Chief, OpenGov Asia, Associate Professor Kalaivani Chellappan, PhD, PTech of Universiti Kebangsaan Malaysia (UKM) shared in-depth insight into the needs and future healthcare engineering in Malaysia.

Professor Kalaivani Chellappan believes that health engineering is one of the most important societal transformations, especially in the context of the pandemic and the years to come. If engineering and health sciences are properly integrated, she believes, they can transfer, translate and transform more effective and efficient solutions for nations around the world.

Contribution of Engineering to the Malaysian Healthcare System

Professor Kalaivani Chellappan distinguished between health technology and health engineering. Health Technology, also known as Healthtech, is the application of developed technologies to improve all aspects of the healthcare system while Health Engineering has a dominant expertise in the development and delivery of health technology management programs and contributes significantly to the development and review of hospital systems. broad strategic policy.

“Health technology is just the front, not the backbone. The backbone is health engineering. Biomedical engineering can’t build the backbone because it’s looking for a application of engineering problem-solving principles and techniques to biology and medicine“, she said emphatically.

Technology solutions help healthcare professionals improve performance, promote communication between systems and manage costs. As organizational demands increase, healthcare technology can speed up operations, automate tasks, and improve workflows.

Health systems engineers are an essential part of the engine that will propel health care forward. They reduce costs by streamlining processes, improving patient care and creating efficiencies. They achieve this in part by testing and examining many relevant variables – whereas most people who want to improve healthcare processes only focus on a few specific applications that are unable to bring about holistic change.

Additionally, most healthcare organizations have data that could be used to improve their business procedures and practices, but they may lack the tools and/or expertise to extract insights from that data.

On the other hand, new technologies, such as blockchain, cloud computing and artificial intelligence tools based on machine learning and deep learning techniques, can help healthcare organizations discover models in huge amounts of data while securing the management of a more user-friendly environment. service.

Professor Kalaivani Chellappan applauds engineers – whom she considers the unsung heroes of global health. During the crisis, engineers have made huge contributions, from delivering oxygen to creating mobile apps, data dashboards, and even building facilities for COVID-19 patients.

What awaits us in health engineering

The use of artificial intelligence technology in the healthcare industry has undeniably transformed clinical practice. There is great hope that AI applications will bring significant improvements in all areas of health. At some point, technology is expected to improve patient care while reducing costs.

AI has the potential to improve access and quality of care, which was previously hampered by inadequate infrastructure and skills shortages. “The pandemic raises awareness of how AI could help improve the efficiency and reliability of the healthcare industry.”

Contrary to popular belief, AI-based solutions will not replace humans in healthcare, as these are responsible applications that will always require a combination of data science and medical knowledge. Therefore, it is better to embed a policy in the health system to protect against possible future challenges.

Professor Kalaivani Chellappan recognizes that healthcare needs streamlined regulations and policies to enable start-up founders to be leaders in the digital healthcare space.

Healthcare technology is moving in the right direction, from transferring data between institutions to connecting doctors and patients from opposite ends of the globe through online platforms. Digital transformation has taken place, so technology adoption is no longer an option in most industries, and healthcare is not immune to this digital transformation.

Precision and personalized medicine, on-demand access to advanced telehealth, and streamlined clinical operations are all potential outcomes of a digital transformation of healthcare. However, the healthcare industry faces specific challenges to fully realize the benefits of digital transformation.

Point of view: A woman’s passion

From an early age, Prof. Kalaivani Chellappan wanted to be a doctor because of the suffering she witnessed. At first, his two brothers died of heart disease. Later, when she was 18, she lost her grandfather and a few years later, at the age of 21, she experienced the death of her father.

But she wanted to do more than treat people — she’s passionate about bringing about change in the healthcare system. “These are all incidents that keep triggering me. I had no idea what healthcare engineering was then, but all I knew was that I wanted to make the change.

Professor Kalaivani Chellappan details her journey and experiences in becoming so passionate about healthcare engineering.

Everyone thought she was crazy at the time because she left the best company in Malaysia without a job, for a job as a teacher. “I love teaching. I even joined different centers during the holidays and taught that way until I finally joined UKM!

In 1993, she was introduced to AI and developed a taste and a certain passion for IT. The move from biomedical engineering to health engineering was indeed, and most interestingly, a huge change and she is grateful for the freedom the UKM gave her to set up her research.

When asked about her plans to replace teachers and doctors with AI, she emphatically replied, “Teachers and doctors could never be replaced.”

The ability, willingness and opportunity to share knowledge and best practices are essential to the holistic, comprehensive and equitable development of this industry. The pandemic, as devastating as it has been, has enabled and fostered global interaction. This gave him the chance to offer his insights on India and Indonesia as well as a few other countries.

She is fully aware that this is not an easy path and that the next installment of experts needs as much help and support as possible. From her long and distinguished career, she feels that one of the biggest challenges is guiding the younger generation in her industry and sharing her wisdom on how to bring about change in the healthcare industry.

Specifically, for her, it’s gender disparity. She has watched people being rejected simply because of their gender, even though their ideas are good and could help the economy. She understands that this is not just happening in Malaysia, but also in other countries.

“I can be a beginner, change careers halfway or even have a good experience – people, and especially women, should be able to pursue what they are passionate about at any time. Joining the government at 41, dropping this I had, was a big decision,” she recalls.

She wants to facilitate the path of others, guide them and point out the pitfalls. “What is most important to me is the journey and what I will leave to our next generation. I want me to leave something behind, my legacy! Professor Kalaivani Chellappan ends with passion.

Down 26%, is the Nasdaq poised to rally in the last half of 2022?

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For investors in high-growth companies, the first half of 2022 has felt like a roller coaster that only goes downhill.

In fact, the Nasdaq Composite Index recorded its worst first half of any year on record.

As the market heads into the back nine of 2022, the question on all of us is “Will it get any better?” There are countless factors that will determine whether the next six months will be a story of recovery or just more pain for the Nasdaq and the market as a whole.

Image source: Getty Images.

Why the Nasdaq has been crushed so far

In an effort to keep this article brief, I’ll provide a list of reasons why the market as a whole (but especially the Nasdaq) has been beaten so far in 2022:

  • We are still in a global pandemic.
  • The war between Russia and Ukraine has created unprecedented uncertainty and fear.
  • Inflation has reached its highest level in over 40 years (with few signs of slowing).
  • Interest rates are on the rise.
  • Gross Domestic Product (GDP) is slowing, indicating an impending recession (if we’re not already in one).

These macro factors caused the market, largely influenced by short-term sentiment, to flee risky stocks (ie growth stocks) for the more stable blue chips.

Things got even worse as consumer confidence weakened, further suggesting that we are heading into a recession. The Conference Board recently announced that the consumer confidence index fell to its lowest level since February 2021.

It’s safe to say that the short-term economic outlook is not sunshine and rainbows.

Reasons to be optimistic

Even with all this gloom, there’s still reason to be excited about the future of stocks, even growth stocks.

First, we know that the stock market is a forward looking machine. This means that a lot of the negativity is embedded at current levels. Although things can always get worse, if even one of the more gloomy macroeconomic factors starts to turn around, the market could start to take off.

Second, while inflation has generally driven down stock prices, Warren Buffett said in his 2008 book New York Times opinion piece, “Buy American. I am”:”[I]In the early 1980s, it was time to buy stocks when inflation was raging and the economy was down.”

Buffett refers to one of the hottest periods of inflation in the late 1970s and early 1980s:

Year

Annual inflation rate

Federal funds rate

1977

6.7%

6.5%

1978

9%

ten%

1979

13.3%

12%

1980

12.5%

18%

nineteen eighty one

8.9%

12%

Data source: Bureau of Labor Statistics and Federal Reserve Bank of New York

Looking at the numbers above, one would assume that the stock market fell during this period. But not exactly:

^ SPX Chart

^ SPX data by YCharts

There are certainly countless differences between the last prolonged period of high inflation and the current environment, but it shows that the market does not always behave as expected.

He’s constantly looking to the future, so if the gloom starts to lighten even slightly, the second half of the year could be better than those first six months.

The Nasdaq is poised to outperform

Whenever the market starts to rally (and it will at some point), history suggests the Nasdaq will rise faster than the S&P 500:

^IXIC Chart

^ IXIC data by YCharts

Even with rising interest rates, the Nasdaq is heavily weighted to big tech names that don’t depend on debt to fund their operations and pursue growth. Young, unprofitable start-ups are in a very vulnerable position, but Amazon (AMZN -0.68%)the sand Apple (AAPL 0.47%)s of the world will maintain their dominance and increase their results.

Although there is more ground to catch up with growth stocks, investors entering at current prices could enjoy healthy gains over the next few years, assuming they have the courage to ride out short-term economic uncertainty. term.

John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a board member of The Motley Fool. Mark Blank has no position in the stocks mentioned. The Motley Fool holds positions and recommends Amazon and Apple. The Motley Fool recommends the following options: $120 long calls in March 2023 on Apple and short calls $130 in March 2023 on Apple. The Motley Fool has a disclosure policy.

Republic First Bancorp, Inc. R

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PHILADELPHIA, May 19, 2022 (GLOBE NEWSWIRE) — Republic First Bancorp, Inc. (FRBK) (the “Company”), the holding company of Republic Bank, received written notice from the NASDAQ Stock Market (“Nasdaq”) on March 13, 2022, the Company is not in compliance with Nasdaq listing rules because the Company has not yet filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 (the “Report quarterly”). The Company had received a first notice from Nasdaq, dated April 1, 2022, regarding the Company’s failure to timely file its Form 10-K for the fiscal year ended December 31, 2021 (the “Annual Report”). Nasdaq Listing Rule 5250(c)(1) requires Nasdaq-listed companies to file all periodic reports in a timely manner.

As previously disclosed by the Company, the Audit Committee of the Company’s Board of Directors has engaged Wilmer Cutler Pickering Hale and Dorr LLP to advise and perform an independent review regarding related party transactions, certain Company controls and any associated financial statements and consequences of disclosure. The review is being undertaken in connection with the audit of the financial statements of the Company as at December 31, 2021 and for the year ended December 31, 2021. Accordingly, the Company has not yet filed the annual report or report quarterly and does not expect to file these reports until the review is complete.

This Nasdaq notice has no immediate effect on the listing of the Company’s common stock on the Nasdaq Global Market. As provided in Nasdaq’s letters dated April 1, 2022 and May 13, 2022, the Company has until May 31, 2022 to submit to Nasdaq a plan to return to compliance. If Nasdaq accepts the plan submitted by the Company, Nasdaq may grant an extension of the grace period for the Company’s common stock to remain listed for up to 180 calendar days from the date of the annual report to regain compliance.

About the Bank of the Republic

Republic First Bancorp, Inc. is the holding company of Republic First Bank, which does business as Republic Bank. Republic Bank is a full-service, state-chartered commercial bank whose deposits are insured up to applicable limits by the Federal Deposit Insurance Corporation (FDIC). The Bank offers diversified financial products in its thirty-four stores located in Greater Philadelphia, Southern New Jersey and New York City. Republic Bank stores have extended lobby and drive-thru hours, providing customers with some of the most convenient hours of any bank in its market. The Bank offers free checks, free coin counting, locally issued ATM/debit cards, and access to more than 55,000 free ATMs worldwide through the Allpoint network. The Bank also offers a wide range of residential mortgage products through its Mortgage Division which does business as Oak Mortgage Company. For more information on the Bank of the Republic, visit www.myrepublicbank.com.

Forward-looking statements

This press release and oral statements made regarding the subjects of this release contain “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995 or the Reform Act, which may include, but are not limited to, statements regarding the Company’s estimates, plans, goals, expectations and intentions and other statements in this press release that are not historical facts, including statements identified by words such as “believe” , “plan”, “seek”, “expect”, “intend”, “estimate”, “anticipate”, “will” and similar expressions. All statements regarding the Company’s ability to regain compliance with Nasdaq listing requirements or to develop a plan acceptable to Nasdaq for an extension of the 60-day grace period, as well as statements expressing optimism or pessimism about future operating results are forward-looking statements within the meaning of the Reform Act. Forward-looking statements are based on management’s current beliefs and assumptions regarding future events and operating performance, and are inherently subject to significant uncertainties, contingencies and changes in circumstances, many of which are beyond the Company’s control. The statements contained in this press release are made as of the date of this press release, even if they are subsequently made available by the Company on its website or otherwise. The Company undertakes no obligation to update or revise these statements to reflect events or circumstances occurring after the date of this current report on Form 8-K. For other factors that could cause actual results to differ materially from the forward-looking statements contained in this current report on Form 8-K, see the cautionary statement before the “Executive Summary” in Section 2 of this report. Company’s Quarterly Report on Form 10-Q for the three months ended September 30, 2021 and the risk factors contained in Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020.

Source: Republic First Bancorp, Inc.
Contact: Frank A. Cavallaro, Chief Financial Officer
(215) 735-4422

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WISeKey Selected as Collaborator by NIST for NCCoE

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WISeKey Selected as collaborator by NIST for the NCCoE Trusted IoT Network Layer Integration Project

WISeKey works with the National Cybersecurity Center of Excellence at the National Institute of Standards and Technology (NIST) (NCCoE) in their Trusted IoT Device Network-Layer Onboarding and Lifecycle Management Consortium project.

Geneva, Switzerland – July 82022: WISeKey International Holding Ltd. (“WISeKey”) (NASDAQ: WKEY; SIX: WIHN), a leading global cybersecurity, IoT and AI company, today announced that it has been selected as collaborator by NIST for the NCCoE Trusted IoT Device Network Layer Integration and Lifecycle Management Consortium Project. Additional information about this consortium is available at: http://www.nccoe.nist.gov/projects/trusted-iot-device-network-layer-onboarding-and-lifecycle-management.

Other collaborators on this project include CableLabs, Cisco, Foundries.io, Hewlett Packard Enterprise (HPE), Kudelski IOT, NquiringMinds, NXP Semiconductors, Open Connectivity Foundation (OCF), Sandelman Software Works, and Silicon Labs.

For this project, WISeKey is working with NIST to define recommended practices for performing reliable network layer integration, which will facilitate the implementation and use of reliable integration solutions for large-scale IoT devices.

WISeKey’s contributions to the project will be credential trust services and secure semiconductors to ensure credential security. Specifically, WISeKey will offer INeS Certificate Management Service (CMS) for credential issuance and VaultIC secure semiconductors to provide tamper-proof key storage and cryptographic acceleration.

Paul Watrobski, IT Security Specialist, NIST NCCoE, said, “The secure deployment and maintenance of IoT devices throughout their lifecycle is a challenge for managing any home, small business or enterprise network. company. Every use case requires low-friction, reliable, and repeatable mechanisms for issuing and validating credentials and authenticating devices and networks. We are excited to collaborate with WISeKey to develop sample solutions to establish and maintain secure devices and networks.”

Carlos Moreira, CEO of WISeKey, emphasized, “We are honored to have been selected as collaborators in the Trusted IoT Device Network-Layer Onboarding and Lifecycle Management project. The secure identities, credentials and storage that WISeKey will contribute to this project are key elements for the overall security of IoT devices. Additionally, these demos will be important examples of best practices for IoT security.

To note:
NIST does not evaluate commercial products as part of this consortium and does not endorse any product or service used.

About the National Cybersecurity Center of Excellence (NCCoE)
As part of NIST, the NCCoE is a collaborative center where industry organizations, government agencies, and academic institutions work together to solve companies’ most pressing cybersecurity challenges. This public-private partnership enables collaboration in creating practical cybersecurity solutions for specific industries, as well as broad cross-industry technology challenges. Through consortia under CRADA, including technology partners from Fortune 50 market leaders to small businesses specializing in information technology and operational technology security, the NCCoE applies standards and best practices to develop examples modular and easily adaptable cybersecurity solutions using commercially available technologies. The NCCoE documents these example solutions in the NIST Special Publication 1800 series, which maps the capabilities to the NIST Cybersecurity Framework and details the steps required for another entity to recreate the example solution. The NCCoE was established in 2012 by NIST in partnership with the State of Maryland and Montgomery County, Maryland. Information is available at https://www.nccoe.nist.gov.

About WISeKey

WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large-scale digital identity ecosystems for people and things using Blockchain, AI and the IoT by respecting the human being as the pivot of the Internet. WISeKey microprocessors secure the pervasive computing that shapes today’s Internet of Everything. WISeKey IoT has an installed base of over 1.6 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, phones laptops, cryptographic tokens, etc.). WISeKey is uniquely positioned to be at the forefront of IoT, as our semiconductors produce an enormous amount of big data which, when analyzed with artificial intelligence (AI), can help industrial applications predict failure of their equipment before it occurs.

Our technology is endorsed by the Swiss-based cryptographic root of trust (“RoT”) of OISTE/WISeKey which provides secure authentication and identification, in physical and virtual environments, for the Internet of Things, blockchain and artificial intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions between objects and between objects and people. For more information, visit www.wisekey.com.

Press and investor contacts

WISeKey
Company Contact:
Carlos Moreira
CEO
Tel: +41 22 594 3000
[email protected]
WISeKey Investor Relations (USA)
Contact:
Lena Cati
Equity Group Inc.
Tel: +1 212 836-9611
[email protected]

Disclaimer:
This communication expressly or implicitly contains certain forward-looking statements regarding WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed. or implied by these statements. – look at the statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

This press release does not constitute an offer to sell or a solicitation of an offer to buy securities and does not constitute an offer prospectus within the meaning of article 652a or article 1156 of the French Code of Obligations. nor a listing prospectus. within the meaning of the listing rules of the SIX Swiss Exchange. Investors should rely on their own assessment of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is or should be taken as a promise or representation as to the future performance of WISeKey.

Is Uber’s money-losing ride finally coming to an end?

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Uber posted a loss of $5.9 billion in the first quarter of 2022.

Philippe Pacheco | AFP via Getty Images

In this weekly series, CNBC takes a look at the companies that made the inaugural Disruptor 50 list 10 years later.

The creation of Uber in the aftermath of the 2008 financial crisis can be compared to an earlier disruptive innovation: the supermarket.

In 1930, in the early months of the Great Depression, Michael J. Cullen rented a vacant garage in Queens, New York, and built King Kullen, which is widely considered the very first supermarket and an example of the model” integration of resources”. who created the Uber ecosystem.

Like King Kullen, Uber is the result of a “smart integration of resources” by its founders, serial entrepreneurs Travis Kalanick and Garrett Camp.

At the time of Cullen’s innovation, none of the major dry grocery chains in existence, including two of Cullen’s former employers, Kroger and A&P, had thought of doing what he did. But its merits were clear, and the idea quickly caught on – the classic definition of disruptive innovation.

Unfortunately for Uber, the comparison doesn’t end there.

King Kullen’s business model proved easy to replicate, and eventually the big chains did just that. Today, Kroger is America’s largest supermarket chain, with a national market share of 16.1%; King Kullen remains a local channel.

Since Uber’s inception, a number of competitors have emerged in what we now call the gig economy, whether it’s Disruptor 50 companies like Lyft in ridesharing, DoorDash in food delivery, or Convoy in freight and trucking.

Over the past decade, Uber has faced a myriad of obstacles, both internal and external. These include allegations of sexual harassment, a series of firings linked to a workplace culture investigation, the alleged distribution of a rape victim’s medical records; as well as unflattering videos and emails from former CEO and co-founder Kalanick. In addition, there were political pressures and struggles with regulators; union tensions, a legal battle with Alphabet, major losses and infighting between investors.

Then, in 2017, the company tapped CEO Dara Khosrowshahi, who had led Expedia since 2005 and was credited for expanding its global presence through several online travel booking brands, including Expedia. com, Hotels.com and Hotwire. The move ended Uber’s long search to replace Travis Kalanick, who quit following a shareholder uprising and went on to become one of Silicon’s biggest and most notorious startup founders. Valley. Similar to Theranos’ Elizabeth Holmes and WeWork’s Adam Neumann, her rise and fall at Uber has become the subject of TV drama.

How Uber fared in the post-Travis era

By most accounts, Kalanick was maniacally determined about Uber. But in 2019, when he quit the board and sold all of his shares in the ride-hailing company, Kalanick severed his last ties with the company he co-founded. Two years later, he was on the New York Stock Exchange when the company went public, although he was not on the dais with company executives.

The company immediately got a valuation north of $80 billion and then fell like a stone. This experiment – bringing a company to a massive valuation that indicated in its S-1 filing that there was a chance it would never make a profit – produced a mass sentiment shift among savvy investors and buyers at detail. At the time, Josh Brown of Ritholtz Wealth Management described it as “a moment when time is up.”

Of course, even Brown couldn’t have predicted that this moment could actually come a year later in the form of a global pandemic that would put nearly every business in survival mode.

Ride-sharing companies have struggled with supply and demand since Covid-19 took drivers off the road. Uber had to rely on incentives to bring drivers back, which ate away at finances. This seemed to be leveling off in recent months, but the war in Ukraine has caused major fuel price hikes. Analysts feared the companies would have to pay millions to keep the drivers.

“Our need to increase the number of drivers on the platform is neither new nor a surprise…there’s a lot of work ahead of us, but it’s a running machine,” Khosrowshahi said recently during of a conference call with investors. The company expects this to continue without “significant additional incentive investments”.

The company posted its first-ever quarterly profit at the end of 2021, but then posted a massive loss due to investments in the first quarter of this year.

During Khosrowshahi’s tenure, the company invested heavily in its grocery, beverage and convenience delivery segment through acquisitions, such as liquor delivery service Drizly last February, as well as Postmates, after talks failed to acquire food delivery service Grubhub. Yesterday Uber shares fell 4.3% after news that Amazon had agreed to take a stake in Grubhub as part of a deal that will give Prime subscribers a one-year subscription to the delivery service of food.

Focusing its acquisition efforts on its Eats segment during the pandemic has allowed the company to retain some of its business despite reduced travel. It will also continue to propel the stock forward, investors say.

Another key element for the future is the business regulatory environment.

Lawmakers have pushed to reclassify gig workers as full-time employees in an effort to secure things like a minimum wage and benefits. But classifying drivers as contractors allows companies to avoid costly perks associated with a full-time job, like unemployment insurance.

Gig economy companies, including Uber, won a temporary victory in 2020 in California, when voters overwhelmingly approved Proposition 22. This ballot measure effectively exempted several gig economy businesses from the state’s recently enacted law, Assembly Bill 5, which sought to categorize their workers as full-time employees.

But there really is one overarching goal for Uber when it comes to the market, and it has become immediate: to generate “meaningful positive cash flow” for the year 2022, which would mark a first for the company.

Khosrowshahi says Uber is on track to do just that.

—CNBC David Spiegel and Jessica Bursztynski contributed to this story.

Sign up for our quirky weekly newsletter that goes beyond the annual Disruptor 50 list, offering deeper insight into the companies making the list and their innovative founders.

Airbnb suspends short-lived ‘party house’ of notorious Tasmanian sex offender Shane Farmer

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A convicted rapist, once branded Tasmania’s worst sex offender by a former top prosecutor, has had his Airbnb account suspended as he seeks council approval for a permit to convert his inland Hobart property to accommodation for visitors.

Former nightclub boss Shane Ronald Farmer, who drugged and sexually abused seven women at his venues in Launceston and Hobart, had applied for a visitor accommodation permit with Hobart City Council.

The house had been listed on Airbnb despite not having a municipal license, but a spokesperson for the short-stay company said today the listing has since been suspended.

“Individuals who have been convicted of certain offenses, including sexual assault, are ineligible to hold an Airbnb account, as are individuals affiliated with organized crime and extremist groups,” the spokesperson said.

Farmer was imprisoned in 2004 for drugging and sexually abusing young women in his nightclubs.(ABC News)

Earlier in the week, Hobart City Council held a planning meeting and debated Mr Farmer’s license application, but it did not consider his criminal record.

Instead, a series of concerns raised by neighbors at Monday night’s meeting caused aldermen and councilors to vote against it.

Cedric Mannen, whose property adjoins Mr Farmer’s, told the meeting that the impact of the disruption to the home had been ‘immeasurable’, but he believed the incidents were under-reported to authorities due to the residents’ concern for their safety.

A terrace and a view of the water in the Tasmanian property.
The council is investigating the property for being run as an Airbnb without a permit.(Harcourts)

“We reported disturbances to the police, and most of our neighbors sometimes called the council for advice on the best opportunity for us to deal with this problem,” Mr Mannen said.

“It’s not the type of neighborhood I subscribed to when I moved here that’s on our doorstep now. We call it the party house, it’s become quite that.”

Short-stay home operating without a permit

Another neighbour, Claire Ellis, said Mr Farmer had shown a ‘blatant disregard’ of council rules and regulations, with the property operating as short-term accommodation in the past without a permit.

“This has seriously and significantly created a proven unreasonable loss of residential amenity and the possible approval of the permit with conditions, which we do not consider will mitigate or minimize the negative impact on us,” she said.

Waterfront property with terrace.
Neighbor Cedric Mannen says the house is known locally as “the party house”.(Harcourts)

The application did not say whether Mr Farmer would rent the entire Sandy Bay house or list part of it while residing there.

It is understood that Mr Farmer’s parole has ended and Tasmania Police say the law prevents the organization from saying whether he is still on the state’s community protection register.

Noise detector installed to discourage parties

The property is managed by Sam Lyndon, who said a noise alarm system has been installed and the number of guests allowed has been reduced from 13 to eight.

Although the application was initially recommended for approval, it was unanimously rejected by the planning meeting.

A final decision will have to be taken by the full board.

In suspending Mr. Farmer’s Airbnb listing, the company said “the safety of our community is one of our top priorities.”

“As part of this, we apply strict policies and community standards,” the spokesperson said.

“We continue to invest in a range of systems and safeguards that enable us to protect our community and help travelers enjoy safe and positive travel experiences.”

The Airbnb spokesperson said security incidents on the platform were “very rare” and that it was working alongside police and governments to make them even more prominent.

Lack of character checks for short stay owners

Kathyrn Fordyce, chief executive of sexual assault service Laurel House, said she was concerned that there were not enough controls in place for visitor accommodation platforms to ensure that operators were of good character, especially when the operator stayed put while hiring another. part of their property.

“Internationally, there have been many reported cases of sexual assault in short-term accommodation, and in some other jurisdictions outside of Australia, background checks, including ensuring the operator does not not appear on a sex offender registry, is part of the screening process,” she said.

“This would improve women’s safety by requiring screening processes by companies and/or through local government approval for short and medium term accommodation to take into account the character of the operator and prevent persons registered in the register of community protection offenders to operate this type of accommodation. accommodation.

Shane Farmer leaves the court.
Convicted rapist Shane Farmer (right) leaves court in 2015 after pleading guilty to possessing, using and selling cocaine.

“The Tasmanian Government’s current determination for short-term visitor accommodation requires consideration of visitor safety in relation to building standards and bushfire risk management, but it should there should also be standards relating to the character of the operators.”

Sexual Assault Survivor Service chief executive Jill Maxwell said she hopes visitor accommodation platforms like Airbnb have the “appropriate controls in place” so people’s safety and dignity are protected.

“If someone has a history of fraud and dishonesty, that becomes quite crucial in decision-making going forward, whether they’ve had their day or not,” she said.

Job , updated

Buy Now Pay Later joins the list of subprime losers

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In each down cycle of the market, subprime mortgages appear. It may not take center stage, as it did during the financial crisis of 2007-2008, but it is still surfacing. When times are good, finance companies are happy to ignore the pitfalls of lending to riskier borrowers. When times turn bad, problems arise.

This time, the Buy Now Pay Later (BNPL) phenomenon is carrying the torch. Founded in the ashes of the last recession, the BNPL industry has devised a new way to facilitate consumer lending, swapping revolving credit for fixed installments.

At the top, valuations were pricing in rapid growth. Affirm Holdings Ltd. came to market via an initial public offering with a market capitalization of $12 billion, which peaked at nearly $50 billion (about three times Deutsche Bank AG). Afterpay Ltd. was acquired by Block Inc. (formerly known as Square) for $29 billion, and Klarna Bank AB raised private funds at a valuation of $45.6 billion.

As interest rates rise and recession fears grow, valuations have suddenly reversed. Affirm stock is down 90% from its peak, and last week it was revealed that Klarna was in talks to raise new equity at a valuation as low as $6 billion.

The rapid downgrade reflects many of the problems that subprime lenders have historically faced. Essentially, they are exposed to three cycles that generally overlap, as is the case today.

The first is the credit cycle. Buy Now Pay Later is easy to access but, like all forms of credit, there is adverse selection – the healthiest borrowers generally don’t need it.

Some consumers use BNPL to avoid paying credit card interest, but according to a survey, others use it to make purchases they couldn’t otherwise afford, to borrow money without a credit check or because they can’t get approved for a credit card. . Affirm looks into this. At the time of its IPO, it revealed that it approved an average of 20% more customers than comparable competing products.

The result is a clientele that skews subprime. According to credit bureau TransUnion, around 69% of BNPL users are subprime or near-prime. In a favorable credit environment, the distinction may not show up in earnings, but when the environment changes, defaults – and write-offs – will increase.

Last year was particularly benign for consumer credit. Charges in the United States were lower than at any time since the mid-1980s. Yet even with this tailwind, Klarna’s realized loan losses rose as it continued to grow more fast, reaching 7.7% in the second half of last year at a time when total US consumer losses were less than 1%.

The core skill in the lending business is not so much giving money as getting it back – and that becomes more difficult during a recession.

The second cycle is the funding cycle. With the exception of Klarna, BNPL companies do not raise deposits and therefore rely on capital markets to fund loans. But markets can be fickle, freezing up when you least want it and need it most. Last month, Affirm priced a securitization deal – bundling loans and selling tranches to investors – at a yield of 5.65%, compared with a yield of 4.34% on a deal in April.

Often, conditions in funding markets follow consumer credit conditions, but sometimes they walk at their own pace, confusing lenders who rely on them.

Following the Russian debt crisis in 1998, market turmoil led to a sharp drop in investor demand for risky assets, including subprime securitizations, even before a recession set in three years later. Subprime originators have seen their own borrowing costs skyrocket. In the two years since the crisis, eight of the top 10 subprime lenders have declared bankruptcy, gone out of business or sold to stronger companies.

The third cycle is the cycle of actions. Before BNPL became a buzzword, Klarna was doing just fine. It became profitable within six months of its launch in 2005. But then venture capitalists came along and lured the company with cheap capital to fund faster growth. Since 2019, continuing a meteoric expansion, it has recorded 11.8 billion Swedish kronor in operating losses, or about $1.3 billion. At the same time, its valuation has fallen from eight times sales in mid-2019 to 37 times sales in mid-2021.

One of the challenges any investor faces is discerning a secular trend from a simple cyclical trend. But all loans are cyclical, and with multiple cycles to navigate, the pitfalls are impossible to avoid. With its valuation now just four times lower than earnings, Klarna – like its peers – is starting to reflect that.

More from Bloomberg Opinion:

• Banks prepare for a storm that may never come: Paul J. Davies

• Why India doesn’t like to buy now, pay later: Andy Mukherjee

• Buy now, pay later? You might regret it: Alexis Leondis

This column does not necessarily reflect the opinion of the Editorial Board or of Bloomberg LP and its owners.

Marc Rubinstein is a former hedge fund manager. He is the author of the weekly financial newsletter Net Interest.

More stories like this are available at bloomberg.com/opinion

Kumpulan Kitacon seeks listing on main market and offers up to 138.59 million shares

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KUALA LUMPUR (July 6): Kumpulan Kitacon Bhd is offering up to 138.59 million shares in an initial public offering (IPO) as it seeks to list on Bursa Malaysia’s main market, according to its prospectus posted on the Securities Commission Malaysia website on Tuesday (July 5).

The 138.59 million shares include 76.09 million new shares and an offer to sell 160 million existing shares.

The issue price as well as the opening and closing dates of the IPO have not yet been set.

Of the 138.59 million new shares, a total of 62.5 million shares will be allocated to bumiputera investors approved by the Ministry of Industry and Trade (MITI), Malaysian institutional and selected investors ( other than MITI-approved bumiputera investors) and foreign institutional investors. and selected investors.

The 8.59 million share offering will be allocated to directors of Kitacon, eligible employees of the group and its subsidiaries, individuals who have contributed to the success of the group and the Malaysian public.

Based on the prospectus exposure, Kitacon is an investment holding company, while its proposed subsidiary is primarily involved in the provision of construction services.

“We have been in the building construction industry for approximately 32 years since the start of operations of our subsidiary, Kitacon Sdn Bhd, in 1990, where we started with various small scale construction and contracting works, including renovations and construction of an industrial building.

“We have been registered with the CIDB (Construction Industry Development Board) as a contractor since 1996, and subsequently received the certificate of registration from the CIDB in 1997 as a G7 contractor.

“Since 1990, we have completed a range of building projects, including residential, commercial, industrial, purpose-built and institutional buildings,” he said.

He also pointed out that he has established long-term business relationships with his clients, including Sime Darby Property Group, SP Setia Group and Worldwide Group.

For the financial year 2021, the group recorded a net profit of RM41.83 million, up 6.71% from the previous year, while annual revenue decreased by 6.97% to 455 RM.5 million.

RHB Investment Bank Bhd is the lead adviser, managing underwriter and placement agent for the IPO.

Blue Hat regains compliance with

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XIAMEN, China, June 15, 2022 (GLOBE NEWSWIRE) — Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (BHAT)a leading provider, producer and developer of Internet data center and communication services (“IDC”), and an operator of mobile game and augmented reality (“AR”) educational programs and products in China, today announced that on June 13, 2022 it received a letter (the “Letter”) from the Listing Qualifications Department of Nasdaq Stock Market LLC notifying the Company that it has regained compliance with the Price Requirement minimum bid from the Nasdaq Capital Market and the deal is closed.

On June 18, 2021, the Company was first notified by Nasdaq of its inability to maintain a minimum bid price of $1.00 per share for 30 consecutive trading days under Nasdaq 5550 listing rules( a)(2) and 5810(c)(3)(A), and received its first extension of 180 days, or until December 15, 2021 to regain compliance. On December 16, 2021, the Company received a second extension of 180 days from Nasdaq or until June 13, 2022 to regain compliance. Effective May 27, 2022, the Company completed a 1:10 reverse stock split.

The letter stated that as of June 10, 2022, Blue Hat had demonstrated a closing bid price for its common stock at or above the minimum requirement of $1.00 per share for the last 10 consecutive business days. As a result, Blue Hat has regained compliance with Nasdaq Marketplace Rule 5550(a)(2), and Nasdaq considers the matter closed.

About the Blue Hat
Blue Hat Interactive Entertainment Technology is a leading provider of communication and IDC services as well as a producer, developer and operator of AR interactive entertainment games, toys and educational materials in China. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company’s Investor Relations website at http://ir.bluehatgroup.com. The Company regularly provides important information on its website.

Forward-looking statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain because they are based on current expectations and assumptions regarding future events or the future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating these statements, potential investors should carefully consider the various risks and uncertainties identified in this release and the matters set forth in the Company’s filings with the SEC. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.

contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
E-mail: [email protected]

Blue Hat Interactive Entertainment Technology

Blue-Hat-Interactive-Entertain.png

EA’s new Seattle studio is hiring for Battlefield’s next single-player campaign

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EA is recruiting developers to join its new Seattle-based studio for an upcoming single-player Battlefield campaign, according to a new job posting on EA’s career site.

According to the job listing, the studio seeks to create “rich, exciting stories with memorable characters and powerful experiences in the Battlefield universe.” The specific role is that of a design director, but the news opens the door for developers to the next Battlefield project.

The list of tasks continues, specifically mentioning “single player”: “Your job is to embrace the fundamentals of Battlefield. franchise and ensure they are woven through all the layers of a masterfully crafted single-player campaign. You will build the design team and studio culture and create an amazing campaign from concept to release. You are also responsible for leading product design iterations based on feedback from peers, business partners, and team members while adhering to the core vision.”

Game information has yet to be revealed, but it’s a positive sign to see a new wave of talented developers potentially coming to EA to bring the Battlefield series to life. After the oft-criticized Battlefield 2042 game was a bit of a disappointment for fans of the franchise, EA is turning to some new faces to bring the game’s next single-player campaign to life.

The studio, formed by EA last year, is led by Marcus Lehto, who co-created the Halo franchise at Bungie and has worked as both art director and creative director, while also working as a game director.

Alibaba: Ant listing approval would help Chinese stocks return to normal

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China would have held the world record for the largest initial public offering had Ant Group listed in November 2020. At the time, the financial services industry planned to raise $37 billion, valuing it at around $315 billion. of dollars. Alibaba’s payment subsidiary may never return to this assessment. But he still holds the key to stemming outflows from Chinese equities.

Conflicting reports of Ant’s continued listing have triggered wild swings in U.S.-listed Alibaba shares over the past two months. The Chinese regulator has denied rumors that it has started talks about reviving the deal.

The volatility brings back memories of 2020, when Ant’s delisting marked the start of a two-year crackdown on the tech sector and a sharp sell-off in stocks. Hong Kong-listed shares of Alibaba have nearly halved over the past year. At 15 times forward earnings, they are trading lower than local counterparts also targeted by Beijing’s crackdown, such as Tencent.

Ant’s valuation will now fall short of its previously projected total of $315 billion in 2020, which implied a multiple of 30 based on forward earnings. Since then, the global tech selloff has slashed valuations, including that of US peer PayPal, whose share price has also crashed in the past year, now trading at 18x ​​earnings .

For Alibaba, a listing in China had been one of the few options left to boost its struggling stock price. Further lockdowns and more Covid outbreaks in China can only hurt the e-commerce giant’s prospects. A listing of Ant would have been helpful, given that it has about a third stake in the company.

When it comes time for a listing, a price discount would be needed to attract investors to Ant. The abrupt delisting two years ago forever changed the way investors view the regulatory risks for Chinese equities. But the symbolic boost the listing would give Chinese stocks would make a lower price bearable.

Our popular newsletter for premium subscribers is published twice a week. On Wednesday, we analyze a hot topic from a global financial center. On Friday, we dissect the main themes of the week. Please register here.

The NFT Studio establishes the new crypto platform with thousands of unique digital art and collectibles.

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The NFT Studio is set to become one of the largest NFT marketplaces in the digital arts industry. Here, crypto enthusiasts can find rare collectibles for all kinds of artworks made by talented creators from all over the world.

United States, July 3, 2022, King News Wire, The NFT Studio is ready to compete with the largest NFT Marketplace in the field of digital arts. Crypto enthusiasts can discover rare treasures for all types of artwork developed by skilled global artisans on this exclusive platform. People can find it here whether they are interested in photography, digital art or distinctive mixed media.

Additionally, the NFT Studio is a revolutionary NFT minting and bidding platform that allows artists, photographers, and 2D and 3D meme creators to create and sell their creations. Creators can list an unlimited number of NFTs for sale on the marketplace, and users who want to buy NFTs can bid on them using our utility token “ART” as a payment method. Additionally, the NFT marketplace allows artists to trade their token artworks on the platform with interested buyers. Each transaction will incur a low-cost market fee. Customers can make it their hobby to turn Memes into NFT artworks and then sell them in the market.

Additionally, the platform’s wallet will store NFTs and tokens securely on the blockchain. Additionally, artists can tokenize their works directly from the NFT Studio platform. For art and NFT enthusiasts, their platform is perfect for them. Staking can be a great choice for interested holders who want to earn passive income from crypto assets, especially those who don’t have the time to constantly monitor price movements.

FEATURES AND FUNCTIONS

  • Decentralized and unauthorized – The NFT Studio is designed to maximize the benefits (and minimize the risks) of owning and trading digital assets. Our core technologies strictly rely on blockchain and automated smart contracts.
  • Blockchain Protocol – The NFT Studio uses the Binance blockchain and protocol, with the original token named $ART.
  • Less Costly Fee Exposure – Certain fees will apply, such as app usage fees for trade execution, NFT creation and listing, NFT auctions, and network fees for $ART transfers .
  • On-Chain Management Governance — NFT Studio marketplace governance allows stakeholders to seamlessly modify core protocols and modify critical framework parameters to meet changing environmental and societal needs.
  • Open Marketplace – Everyone can be a creator, especially for Meme and ART coin lovers.

Potential users should visit the official site for more information. Join the community via Telegram Where Twitter.

Media Contact

Organization: The NFT Studio

Contact person: Media Relations

E-mail: Send an email

Country: United States

Website: https://thenftstudio.net

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Contra Guys: How a SPAC deal can go horribly wrong

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The logo of American commercial electric vehicle manufacturer Electric Last Mile Solutions on the side of its Urban Utility electric van in Troy, Michigan on November 19, 2021.REBECCA COOK/Reuters

Have you ever written a blank check or made a purchase without knowing what you just bought? The answer is probably ‘no’, unless you’ve been to a SPAC or two. In recent years, SPACs, or special purpose acquisition companies, have been all the rage and investors can’t get enough of them.

If you are new to the term, a SPAC is a company with no operations. Instead of providing a product or service, they raise capital and use the funds to purchase an existing organization. From a startup’s perspective, SPAC is a great source of funding and offers entrepreneurs an alternative to IPOs (initial public offerings) as a route to public markets.

From an investor’s perspective, however, investing in a SPAC is a shot in the dark because you won’t know what they’ll be buying – they could be acquiring a healthcare provider, a fintech company, or a e-commerce – or something else, for that matter. You also won’t know if the target will be well funded, profitable and have good valuations, or if it will be heavily indebted, incomeless and expensive. As a result, SPACs have been labeled as “blank check corporations” and create ideal conditions for speculation.

As you might expect, not all SPACs perform well. In fact, some do it horribly. Electric Last Mile Solutions (ELMSQ) illustrates what can go wrong. In late 2020, a SPAC called Forum Merger III listed at US$10 per unit and began looking for an acquisition. The target they settled on was ELMS, which started trading in June 2021.

This company is an electric vehicle manufacturer that focuses on building “last mile” commercial delivery vehicles, the final link in the product distribution chain. In many ways, it was a classic SPAC. He was well promoted, had smooth presentations projecting strong growth, and had a great story behind it coupled with a booming industry. That said, even in its heyday as a publicly traded entity, things weren’t going so well.

In the third quarter 2021, it only generated $139,000 in revenue, posted a net loss of $17.8 million, and depleted its cash at a rapid rate – yet its valuations were exorbitant. At that time, the stock price was around US$8.50 and there were 118.8 million shares outstanding, which generated a market capitalization of around US$1 billion.

Unfortunately for shareholders, this has not improved. In 2022, late filing SEC notices began to appear; instead of quarterly earnings reports, the organization fell under NASDAQ listing rules noncompliance; and the general manager resigned. As that unfolded, shares fell, solvency issues increased, and then in mid-June the company filed for bankruptcy.

The title is currently trading for pennies, and the US Chapter 7 bankruptcy process will almost certainly eliminate existing owners. In short, ELMS is a cautionary tale for investors speculating about new companies coming to market. Many SPACs (and IPOs for that matter) come with big promises and promising prospects promoted by excellent sellers, and align with an important macro trend to give investors a “feel good” vibe. misleading.

Indeed, Electric Last Mile Solutions is far from being the only one. According to the research firm Audit analysis, 25 SPACs listed between 2020 and 2021 have issued business continuity warnings in recent months. This is equivalent to more than 10% of the 232 after-sales service listed during this period. Compared to IPOs listed in the comparable period, this is double the potential near-term failure rate. In short, it highlights the risk of this relatively new way of going public.

The final point to make here is one that Warren Buffett and Charlie Munger like to come back to. They regularly point out that breakthrough industries with great prospects (like electric vehicles) can make wonderful contributions to society, but that doesn’t automatically translate into good returns for investors. In fact, investors can end up with the bag or lose their shirt. They refer to auto stocks listed in the 1910s and 1920s to support their point. At that time, there were thousands of automakers in the United States, many of which were listed, but most of them went bankrupt early on. Those who survived battled it out to the point where capital returns were low, and eventually there were only three publicly traded U.S. automakers left. To add insult to injury, two of them subsequently went bankrupt in the 2008-2009 season. financial crisis and had to be recapitalised. Mr. Buffett and Mr. Munger go on to note how similar experiences happened to airlines in the 1950s, semiconductor makers in the 1970s and internet start-ups in the 1990s.

Taken together, investors in ELMS or other SPACs looking to cash in on breakthrough industries can be forgiven if they get caught up in the hype. At the end of the day, many will be exasperated shouting into the air, “What the SPAC?!”

Philip MacKellar is a writer for investment newsletter Contra the Heard.

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Hong Kong’s dry spell for IPOs set to end with big deals in China

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(Bloomberg) – After a dismal first half, things are finally looking up for initial public offerings in Hong Kong as several major Chinese companies line up to list in the Asian financial hub in the second half.

Bloomberg’s Most Read

Battery materials producer Tianqi Lithium Corp. just opened its books for what is expected to be the city’s first billion-dollar contract this year, while China Tourism Group Duty Free Corp. could raise a bid of around $2 billion.

With several other medium to large deals in the works, they are poised to revive a dormant market where companies raised a meager $2.6 billion between January and June. That’s a 92% drop from a year ago and the lowest sum for the same period since 2009.

Upcoming trading rally signals improving valuation environment as easing of virus-related restrictions and Beijing’s backlash on corporate crackdowns spur a global equity rally in China and Hong Kong . Greater clarity in the rules for overseas Chinese stock offerings could also “encourage more new listings” in Hong Kong, Charles Zhou, an analyst at Credit Suisse Group AG, wrote in a note last month.

The flow of positive news from China propelled the benchmark CSI 300 into a technical bull market and analysts expect more constructive policy reinforcements in the second half.

“If that happens, it would hopefully help move forward some of our equity trades that are waiting for a better market window to open,” said Selina Cheung, co-head of equity capital markets. Asia at UBS AG in Hong Kong.

In the first half of the year, Hong Kong had only one IPO over $500 million. It was January and the majority of companies that started this year are trading underwater. Notably, IPO activity has dried up globally as investors worry about inflation, hawkish central banks and fears of recession.

window of opportunity

Hong Kong’s dry spell now looks set to end with a flurry of small deals in late June as issuers rush to take advantage of a short window favoring Chinese equities.

Tianqi Lithium’s potential $1.7 billion listing paves the way for July to be the strongest month for IPOs in the Asian financial hub this year. The pipeline of deals of around $500 million or more also includes snack maker Weilong Delicious Global Holdings Ltd. and Wego Blood Purification, the dialysis unit of the Chinese group Wego. China’s Imeik Technology Development Co., which has a market capitalization of $19 billion, has also applied to list on the HKEX.

Greater regulatory clarity from Beijing for companies planning to sell their shares overseas will also be key going forward.

Read a QuickTake on China’s Overseas IPOs

Many potential listings are already trading in New York, but are trying to lure investors closer to home for fear of being kicked out of the United States due to the regulatory standoff with the United States.

Such is the case of consumer goods retailer Miniso Group Holding Ltd., which is seeking up to $116 million. Others have chosen to go public in Asia through an IPO, a mechanism that does not involve the sale of new shares.

A number of companies have been “continuously” working on their IPO plans while waiting for a market window to reach ideal valuations, said Shi Qi, head of ECM at China International Capital Corp. wellness could see better opportunities in the market,” she said, citing themes such as carbon neutrality, environmental governance, new energy, consumption and healthcare.

Bloomberg Businessweek’s Most Read

©2022 Bloomberg LP

OT 4-Star Names List of Best Schools With Only SEC Teams

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Four-star rookie forward Tyree Adams plans to play college football in the SEC. Adams is a member of the Class of 2023 and plays high school football at St. Augustine High School in New Orleans, Louisiana.

Tyree Adams considers her top four schools to be LSU, Ole Miss, Georgia, and Florida. The 6-foot-5, 285-pound offensive tackle has scholarship offers from Georgia, Michigan, Indiana, Penn State, Texas A&M and Florida, among others.

Adams is ranked as the No. 209 prospect in the rising senior class. He is the No. 21 offensive tackle and No. 14 rookie at Louisiana.

Adams played right tackle for much of his junior season at St. Augustine. The talented attacking tackle is highly mobile and is a tough pass blocker who can hit second tier in the running game.

Adams’ recruiting stock has recently increased significantly. Georgia offered the four-star offensive tackle on April 16, 2022.

First-year head coach Brian Kelly and the LSU Tigers should have an edge in recruiting Adams. Kelly has a great history of developing offensive line talent, and LSU is the school of choice for most of the state’s top talent.

Tyree Adams announced his top four schools via Twitter:

More Football!

Georgia football offers under-the-radar linebacker 2023

4-star DL Sydir Mitchell locks in engagement date

UGA football offers 3-star DB Rickey Gibson

4-star CB Daniel Harris commits to Georgia football

The former Georgian commits, CB 4 stars commits

Ready to get rich with stocks? You Can’t Go Wrong With These 3 Investments

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OWhat is the best way to build wealth and become rich on the stock market? Contrary to what you may have heard, it’s not by speculating on penny stocks, day trading or any other risky method.

The right (and most reliable) way to “get rich” with stocks is to invest in solid companies and stick with them for as long as they remain solid companies. Here are three in particular that new and experienced investors may want to take a closer look.

This payout stock is really a slot machine

PayPal (NASDAQ: PYPL) is a massive company, with 429 million active accounts and over $1.2 trillion in annualized payment volume. It is also one of the worst performing stocks in the S&P500 index, with shares down more than 60% so far in 2022.

To be fair, there are a few good reasons. PayPal’s recent growth in active users has been disappointing, and the company has admitted that its growth targets (the company was aiming for 750 million users within a few years) were unlikely to be realized. Instead, PayPal is focused on monetizing its current user base.

While this was certainly disappointing for investors, it’s important not to overlook what a powerful company this is. PayPal is the undisputed leader in online payments and continues to grow impressively, with 15% year-over-year revenue growth in the first quarter in its core business. The average PayPal user made 47 transactions in the quarter, up 11% from a year ago. And PayPal is an absolute cash machine, with over $5 billion in free cash flow per year and enormous flexibility to invest in its own growth.

A dialing machine with a stellar track record

I called Real estate income (NYSE:O) perhaps the best overall dividend stock on the market, and for good reason. The real estate investment confidence, or REIT, has paid 624 consecutive monthly dividends to its shareholders and has increased the payout for 99 consecutive quarters at an annualized growth rate of 4.4%. And it’s not just an income game – Realty Income has delivered a stellar average annual return of 15.3% since its inception in 1994. New York Stock Exchange SEO.

Realty Income invests in single-tenant properties, primarily occupied by commercial tenants. According to the latest information, the company has more than 11,200 properties in the United States and Europe.

Don’t worry about the word “retail”. Most of Realty Income’s tenants are businesses that are weathering the recession, as well as the headwinds of e-commerce. Just to name a few, Walgreens (NASDAQ: WBA), General dollar (NYSE:DG), fedex (NYSE: FDX)and walmart (NYSE: WMT) are among Realty Income’s top tenants. It is a high-yielding dividend growth stock that has done an excellent job of building long-term shareholder wealth.

An entertainment powerhouse with trillion-dollar potential

Be certain, disneyit is (NYSE: DIS) business has suffered because of the pandemic, with its theme parks and cruise lines closed or limited for much of 2020 and 2021, and with movie theaters unavailable to show its blockbuster films. And its theme parks in Asia remain affected.

However, Disney’s core business has come back strong. As I write this, reservations for at least one of its Walt Disney World theme parks have sold out for six of the next seven days. Its film franchises are resuming operations. And Disney’s merchandise sales and cruise business are also strong. Plus, with stellar subscription growth from Disney+, Hulu, and ESPN+ streaming servicesDisney has created a massive recurring revenue stream that was virtually non-existent before the pandemic (Disney+ launched in late 2019).

Disney’s business is stronger than it was before the pandemic, and it should get even stronger as its streaming business evolves. And its stock is trading near its lowest level in five years.

Buy for the long term

All three are incredibly strong companies with profitable operations and long histories of success and growth. However, there are some serious economic headwinds right now, and it would be wise to expect volatility to continue for some time. I’m sure investors who buy them will be glad they did in a decade, and I have all three in my portfolio, but I expect some turbulence in the meantime.

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Matthew Frankel, CFP® has positions in FedEx, PayPal Holdings, Realty Income and Walt Disney. The Motley Fool holds positions and recommends FedEx, PayPal Holdings and Walt Disney. The Motley Fool recommends the following options: January 2024 long calls at $145 on Walt Disney and January 2024 short calls at $155 on Walt Disney. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.