Benchmark

Quetta Acquisition Corporation Announces Closing of $69 Million Initial Public Offering

Retrieved on: 
Wednesday, October 11, 2023
Benchmark, EF Hutton, Madison, Telephone, LLP, Prospectus, ATTN:, Capital market, Security (finance), Sale

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Quetta Acquisition Corporation (NASDAQ: QETAU, the “Company”) announced today that it has closed its initial public offering of 6,900,000 units at $10.00 per unit, including 900,000 units offered by the Company to cover over-allotments, which were fully exercised by the underwriters of the offering.

Key Points: 
  • NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Quetta Acquisition Corporation (NASDAQ: QETAU, the “Company”) announced today that it has closed its initial public offering of 6,900,000 units at $10.00 per unit, including 900,000 units offered by the Company to cover over-allotments, which were fully exercised by the underwriters of the offering.
  • The units are listed on The Nasdaq Global Market (“NASDAQ”) and began trading under the ticker symbol “QETAU” on October 6, 2023.
  • EF Hutton, division of Benchmark Investments, LLC (“EF Hutton”), acted as sole book running manager in the offering.
  • Brookline Capital Markets, a division of Arcadia Securities, LLC, is acted as co-manager in the offering.

Altus Group Report Reveals Commercial Tax Rate in Major Canadian Cities Reaching More than Three Times the Residential Rate

Retrieved on: 
Wednesday, October 11, 2023
Benchmark, Goods and services tax (Canada), Operational technology, Environment, City, Operation, Quebec, Altus Group, Altus, Property management, Real estate, Silviculture

"As we assess this ever-changing landscape of commercial and residential property tax, it becomes clear that adaptability is key to navigating these times.

Key Points: 
  • "As we assess this ever-changing landscape of commercial and residential property tax, it becomes clear that adaptability is key to navigating these times.
  • The ratios in both cities have continuously dropped and since 2017, these two cities have had the most equitable commercial to residential ratios in this study.
  • The ongoing delay in reassessment is compromising the province’s economic competitiveness and could ultimately translate to higher property tax rates.
  • A copy of the Altus Group 2023 Canadian Property Tax Rate Benchmark Report can be downloaded at: https://www.altusgroup.com/insights/canadian-property-tax-benchmark-report/

EF Hutton Acquisition Corporation I Signs Definitive Securities Purchase Agreement in Connection With Planned Business Combination With Humble Imports, Inc d/b/a ECD Auto Design

Retrieved on: 
Tuesday, October 10, 2023
Benchmark, EF Hutton, Creditor, Acquisition, SPA, Business analyst, Land Rover Defender, Note, Security (finance)

The Note will be issued in connection with the closing of the Company’s proposed business combination (the “Business Combination”) with Humble Imports, Inc. d/b/a ECD Auto Design (“ECD Auto”), a leading manufacturer of restored and modified Land Rover Defenders.

Key Points: 
  • The Note will be issued in connection with the closing of the Company’s proposed business combination (the “Business Combination”) with Humble Imports, Inc. d/b/a ECD Auto Design (“ECD Auto”), a leading manufacturer of restored and modified Land Rover Defenders.
  • Based on the terms of the Note, the Company will receive proceeds under the Note of approximately $13,700,000, before the payment of expenses.
  • The Note is secured by all the Company’s assets.
  • The closing of the transactions contemplated by the SPA are subject to standard closing conditions, including the approval of the Business Combination by stockholders of both the Company and ECD Auto.

99 Acquisition Group Inc. Announces the Separate Trading of its Share of Class A Common Stock, Warrants and Rights

Retrieved on: 
Tuesday, October 10, 2023
Transfer, Benchmark, EF Hutton, ATTN:, Madison, Telephone, Unit, Prospectus, Sale, Security (finance), MD

Those Units not separated will continue to trade on the Nasdaq Global Market (the “Nasdaq”) under the symbol “ NNAGU “.

Key Points: 
  • Those Units not separated will continue to trade on the Nasdaq Global Market (the “Nasdaq”) under the symbol “ NNAGU “.
  • The Class A common stock, warrants and rights that are separated will trade on the Nasdaq under the symbols "NNAG”, “NNAGW” and “NNAGR,” respectively.
  • Each unit consists of one share of Class A common stock, one redeemable warrant and one right to receive one-fifth (1/5) of a share of Class A common stock upon the consummation of an initial business combination.
  • Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share.

D&H Expands Its Growing Modern Solutions Portfolio With Check Point’s Cyber Security Solutions

Retrieved on: 
Monday, October 9, 2023
Benchmark, Partnership, MSSP, Member of the Scottish Parliament, Horizon, Check Point, D&H Distributing, Gen 5 Fibre Channel, Quantum, Wi-Fi 6, D, D&H, SD, Frost, ChatGPT, MSP, SMB, Risk management

D&H will carry Check Point’s full suites of solutions including Quantum, CloudGuard, Harmony and Horizon solutions, expanding the roster of partners in its Modern Security portfolio.

Key Points: 
  • D&H will carry Check Point’s full suites of solutions including Quantum, CloudGuard, Harmony and Horizon solutions, expanding the roster of partners in its Modern Security portfolio.
  • Building on its robust relationships within the MSP and MSSP communities, D&H aims to bolster Check Point’s market presence, ensuring that the SMB and mid-market segments benefit from their top-tier cyber security technology.
  • “D&H is thrilled to welcome Check Point into the fold of its Modern Security offerings, representing a key area of our growing Modern Solutions Business Unit,” said Jason Bystrak, D&H’s vice president of Modern Solutions.
  • This makes it much more crucial to offer top-flight solutions like Check Point’s to address an array of evolving threats,” said Ryan Flynn, director of modern applications and security at D&H.

Quetta Acquisition Corporation Announces Pricing of $60 Million Initial Public Offering

Retrieved on: 
Thursday, October 5, 2023
Benchmark, EF Hutton, Madison, Telephone, Prospectus, ATTN:, Capital market, The Company, Security (finance), Sale, Cryptocurrency

NEW YORK, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Quetta Acquisition Corporation (NASDAQ: QETAU, the "Company") announced today that it priced its initial public offering of 6,000,000 units at $10.00 per unit.

Key Points: 
  • NEW YORK, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Quetta Acquisition Corporation (NASDAQ: QETAU, the "Company") announced today that it priced its initial public offering of 6,000,000 units at $10.00 per unit.
  • Each unit consists of one share of common stock and one-tenth (1/10) of one right to receive one share of common stock upon the consummation of an initial business combination.
  • EF Hutton, division of Benchmark Investments, LLC, is acting as sole book-running manager in the offering.
  • Brookline Capital Markets, a division of Arcadia Securities, LLC, is acting as co-manager in the offering.

RecycLiCo Battery Materials Secures Two Additional Patents in Japan and Australia for Battery Recycling

Retrieved on: 
Thursday, October 5, 2023
Benchmark, Lithium, Patent, ID4, Knowledge, Recycling, Benchmark Mineral Intelligence, Graphite, Intellectual property, Aluminium, Carbon, Manganese, Growth, AMY, Japan Patent Office, FSE, Cobalt, Nickel

The two patents issued bring RecycLiCo’s patent portfolio to ten granted patents and an additional six applications for battery recycling around the globe.

Key Points: 
  • The two patents issued bring RecycLiCo’s patent portfolio to ten granted patents and an additional six applications for battery recycling around the globe.
  • This underscores the vital need for the RecycLiCo process to handle both battery production scrap and black mass material.
  • This manufacturing process can result in off-spec cathodes that are scrapped as waste, which the RecycLiCo™ process can treat to produce high-quality cathode materials for battery re-manufacturing.
  • “We are pleased to add these patents to our portfolio as we continue to build on commercial partnerships that use our novel process,” said Zarko Meseldzija, CEO of RecycLiCo Battery Materials.

Technological Advancements and Acquisitions Drive the Global Crime Risk Report Market - QuantaVerse, BitSight, and More Lead the Way

Retrieved on: 
Tuesday, October 17, 2023
Benchmark, ACI Worldwide, COVID-19, Agriculture, SME, IBM, Machine learning, Federal Bureau of Investigation, Oracle Corporation, Government, BitSight, AI, PwC, Organization, Insurance, Safety, Verisk Analytics, AML, Growth, Fiserv, BFSI, Hacking, Hilltop Holdings Inc., Investigation, International Business Machines Corporation v. Commission, Crime, CoreLogic, Mphasis, Cryptocurrency, Capco

DUBLIN, Oct. 16, 2023 /PRNewswire/ -- The "Cyber Risk Report Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 16, 2023 /PRNewswire/ -- The "Cyber Risk Report Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
  • Assess the repercussions of the Russia-Ukraine war on agriculture, energy, mineral commodity supply, and its indirect effects on the crime risk report market.
  • Technological innovations are a significant trend in the crime risk report market, with major companies developing new solutions to strengthen their market positions.
  • The increasing number of cybercrime cases is expected to drive the growth of the crime risk report market.

FICO UK Credit Card Market Report: July/August 2023

Retrieved on: 
Thursday, October 12, 2023
Personal Finance, Finance, Banking, Professional Services, Other Professional Services, Benchmark, COVID, UK Finance, Multimedia, FICO, Financial management, Benchmarking, Cryptocurrency, Security (finance), Bank

The FICO UK Credit Card Market Report for July/August 2023 paints a picture of erratic consumer financial management which could challenge how lenders look after vulnerable customers in the winter months.

Key Points: 
  • The FICO UK Credit Card Market Report for July/August 2023 paints a picture of erratic consumer financial management which could challenge how lenders look after vulnerable customers in the winter months.
  • Average spend on credit cards over the summer has been relatively flat, albeit still at the highest point since FICO records started in 2006.
  • This can be expected to continue whilst households struggle with the combined burden of higher prices and higher credit card balances.
  • The data sample comes from client reports generated by the FICO® TRIAD® Customer Manager solution in use by some 80% of UK card issuers.

VettaFi Announces That Its Fast-Growing Index Business Has Successfully Completed Its First Independent Audit of Its Statement of Adherence with the IOSCO Principles for Financial Benchmarks

Retrieved on: 
Thursday, October 12, 2023
Professional Services, Other Professional Services, Insurance, Finance, Consulting, Banking, Accounting, Benchmark, PwC, International Organization (journal), Acquisition, Growth, International Organization of Securities Commissions, Data Analytics Library, IOSCO, EQM, Audit, Cryptocurrency

The IOSCO principles have been the industry standard for more than a decade and cover best practices in governance, accountability, quality and transparency of benchmark design, and more.

Key Points: 
  • The IOSCO principles have been the industry standard for more than a decade and cover best practices in governance, accountability, quality and transparency of benchmark design, and more.
  • “My colleagues and I could not be more pleased with the results of this review,” said Brian Coco, Head of Index Products for VettaFi.
  • This announcement caps what has been a busy six-month period for VettaFi indexing.
  • More recently, VettaFi launched its new Global Developed Benchmark Series as part of its 2023 index innovation roadmap.