GEM

CRYSTAL SERENITY RETURNS TO SERVICE, HERALDING A NEW ERA OF CRUISING

Retrieved on: 
Monday, July 31, 2023

MIAMI, July 31, 2023 /PRNewswire/ -- Today, Crystal officially relaunches under the new guardianship of A&K Travel Group, as Crystal Serenity sets sail following a multi-million-dollar refurbishment. Departing on its inaugural voyage today from Marseille, the cruise line's largest vessel accommodates 740 guests and is the first of two ships returning to service this summer.

Key Points: 
  • MIAMI, July 31, 2023 /PRNewswire/ -- Today, Crystal officially relaunches under the new guardianship of A&K Travel Group, as Crystal Serenity sets sail following a multi-million-dollar refurbishment.
  • ft.) and nearly one staff member per guest, Crystal Serenity fosters endless opportunities for inspiration and enrichment, complemented by unparalleled service.
  • After the first voyage from Marseille to Lisbon, Crystal Serenity will sail towards Northern Europe unearthing the most alluring locales including, UK, Ireland, and Iceland.
  • Crystal Serenity's sister ship Crystal Symphony is currently undergoing renovations and will resume service for its inaugural voyage in Athens on Sept. 1.

Crystal Serenity Returns to Service, Heralding a New Era of Cruising

Retrieved on: 
Monday, July 31, 2023

MIAMI, July 31, 2023 (GLOBE NEWSWIRE) -- Today, Crystal officially relaunches under the new guardianship of A&K Travel Group, as Crystal Serenity sets sail following a multi-million-dollar refurbishment.

Key Points: 
  • MIAMI, July 31, 2023 (GLOBE NEWSWIRE) -- Today, Crystal officially relaunches under the new guardianship of A&K Travel Group, as Crystal Serenity sets sail following a multi-million-dollar refurbishment.
  • ft.) and nearly one staff member per guest, Crystal Serenity fosters endless opportunities for inspiration and enrichment, complemented by unparalleled service.
  • “Crystal has been recognized for decades for exceptional experiences and we are excited to welcome guests back onboard for its new glided era,” said A&K Travel Group CEO, Cristina Levis.
  • Crystal Serenity’s sister ship Crystal Symphony is currently undergoing renovations and will resume service for its inaugural voyage in Athens on Sept. 1.

2024 GEM Redefines Low-Speed Vehicle Industry

Retrieved on: 
Thursday, July 27, 2023

ANAHEIM, Calif., July 26, 2023 /PRNewswire/ -- The 2024 GEM electric vehicles are setting a new standard in the low-speed vehicle (LSV) category. Waev is introducing the new 2024 GEM passenger and utility vehicles with more than 30 modern refinements to expand adoption and provide a more automotive-like driving experience.

Key Points: 
  • New GEM lineup redefines the LSV category with more than 30 automotive-like electric vehicle refinements.
  • ANAHEIM, Calif., July 26, 2023 /PRNewswire/ -- The 2024 GEM electric vehicles are setting a new standard in the low-speed vehicle (LSV) category.
  • New GEM lineup redefines the LSV category with more than 30 automotive-like electric vehicle refinements.
  • Through the 2024 EV refinements, GEM maintains its attractive price points – making GEM vehicles appealing and viable alternatives to full-sized electric sedans and trucks.

Investor group NewGAMe and Bruellan welcomes support from GAM’s third-largest investor and publishes its response to Liontrust’s open letter to GAM shareholders

Retrieved on: 
Monday, July 17, 2023

Geneva, 17 July 2023 – The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.5% of the issued share capital of GAM Holding AG (GAM), has published a detailed response to an open letter sent by Liontrust’s CEO John Ions to GAM shareholders on 14 July.

Key Points: 
  • Geneva, 17 July 2023 – The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.5% of the issued share capital of GAM Holding AG (GAM), has published a detailed response to an open letter sent by Liontrust’s CEO John Ions to GAM shareholders on 14 July.
  • The investor group also welcomes the news that GEM, a New York-based alternatives manager that owns 6.5% of GAM, will not be accepting the Liontrust offer.
  • In his response, Albert Saporta, director of NewGAMe, provides a line-by-line rebuttal to Liontrust’s letter.
  • The letter can be found here:
    Antoine Spillmann, CEO and Executive Partner at Bruellan and the investor group's proposed candidate for chairman of GAM's board, said:
    "As GAM’s second-largest shareholder, we believe Liontrust’s offer significantly undervalues GAM and are delighted that the company’s third largest investor agrees with us.

Carbon Trade eXchange (CTX) Partners With Victoria Falls Carbon Registry & Exchange in Zimbabwe: ‘Making Lemonade out of Lemons’

Retrieved on: 
Thursday, July 13, 2023

History was made in Victoria Falls Zimbabwe, on July 7th, 2023, the final day of the inaugural Africa Voluntary Carbon Credits Forum (AVCCM).

Key Points: 
  • History was made in Victoria Falls Zimbabwe, on July 7th, 2023, the final day of the inaugural Africa Voluntary Carbon Credits Forum (AVCCM).
  • Agreements were signed to initiate and install a Regional (Pan African) Carbon Registry owned and operated in Zimbabwe plus a locally operated, owned, and branded version of the worlds first and leading global Voluntary Carbon platform, Carbon Trade Exchange (CTX) .
  • View the full release here: https://www.businesswire.com/news/home/20230713321840/en/
    Contracts Signed in Victoria Falls Zimbabwe (Photo: Business Wire)
    The Victoria Falls Carbon Registry (VFCR) will support the migration of Zimbabwe and other African nations projects and Carbon Credits back to Africa to be re-issued under their control.
  • Project types, methodologies and registry fees will be at the discretion of the VFCR, and they expect support from existing carbon credit standards internationally.

CSG Forte Earns Best API Set by The Strawhecker Group in 2023 Best of Breed API Awards

Retrieved on: 
Thursday, July 13, 2023

CSG Forte , a CSG® (NASDAQ: CSGS) company and the leader in complete and customizable digital payments, was recognized by The Strawhecker Group (TSG) as the Best API Set in the 2023 Best of Breed API Awards.

Key Points: 
  • CSG Forte , a CSG® (NASDAQ: CSGS) company and the leader in complete and customizable digital payments, was recognized by The Strawhecker Group (TSG) as the Best API Set in the 2023 Best of Breed API Awards.
  • The awards are based on TSG’s Global Experience Monitoring (GEM) platform, which ranks the overall API experience of payment gateways across functionality, documentation and integration and development.
  • CSG Forte was highlighted for its user-friendly experience for developers and additionally named a runner-up for Overall API Assessment, API Set: Specifications and Developer Roadmap.
  • “We are excited to recognize CSG Forte for its exceptional API Set, which surpassed the average API Set total score by over 13 points,” said Mike Strawhecker, President, TSG.

CORE Industrial Partners Portfolio Company GEM Manufacturing Acquires Coining Manufacturing and Precision Machine Products

Retrieved on: 
Thursday, July 13, 2023

CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of Coining Manufacturing, LLC (“Coining”) and Precision Machine Products, Inc. (“PMP”, and together with Coining, the “Company”), a provider of specialty stamping and machining services, by CORE portfolio company GEM Manufacturing (“GEM”).

Key Points: 
  • CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of Coining Manufacturing, LLC (“Coining”) and Precision Machine Products, Inc. (“PMP”, and together with Coining, the “Company”), a provider of specialty stamping and machining services, by CORE portfolio company GEM Manufacturing (“GEM”).
  • CORE previously acquired GEM, a provider of precision deep drawn metal components and mechanical assemblies, in February 2023.
  • Founded in 1990, the Company offers progressive die stamping, screw machining, CNC machining and wire EDM manufacturing technologies to produce complex precision components.
  • Utilizing a fleet of tools, dies, and fixtures exclusively designed, built and maintained in-house, the Company also provides piercing, slotting, drawing, coining, trimming, tapping, deburring and bending.

Veloce Media Group announces major investment commitment of $50 million from GEM Digital Limited

Retrieved on: 
Thursday, July 6, 2023

Following the announcement of Veloce Media Group’s evolution to Web3, with the launch of its new blockchain utility and governance token, VEXT , it was today announced that GEM Digital Ltd will invest up to $50 million, through a structured token subscription agreement, into the organisation.

Key Points: 
  • Following the announcement of Veloce Media Group’s evolution to Web3, with the launch of its new blockchain utility and governance token, VEXT , it was today announced that GEM Digital Ltd will invest up to $50 million, through a structured token subscription agreement, into the organisation.
  • Veloce, comprising of industry-leading gaming and racing platform Veloce Esports, and race-winning Extreme E outfit Veloce Racing, has attracted over 35 million subscribers, nearly one billion monthly views, across multiple digital platforms including YouTube and Twitch, and millions of social media followers to become the world’s largest racing gaming media network.
  • The introduction of VEXT in the coming weeks will position Veloce as a leading decentralised gaming and sports media organisations; providing token holders with real utility through a variety of games integrating VEXT and tangible influence, benefits and rewards across all of the Veloce Media Group assets.
  • The investment promises to herald mutual long-term opportunities.

Aquaback Technologies Inc. Receives USD 110 Million Investment Commitment from GEM

Retrieved on: 
Wednesday, June 28, 2023

Aquaback Technologies, Inc., a private company having reliably safe and highly effective patented wastewater treatment capabilities based on energy efficient distillation of water, today announced that it has signed an Agreement with GEM Global Yield LLC SCS ("GEM"), the Luxembourg based private alternative investment group, to provide Aquaback with a share subscription facility of up to USD 110 million for a 36-month term following a public listing.

Key Points: 
  • Aquaback Technologies, Inc., a private company having reliably safe and highly effective patented wastewater treatment capabilities based on energy efficient distillation of water, today announced that it has signed an Agreement with GEM Global Yield LLC SCS ("GEM"), the Luxembourg based private alternative investment group, to provide Aquaback with a share subscription facility of up to USD 110 million for a 36-month term following a public listing.
  • The share subscription facility will allow Aquaback, subject to terms of the Agreement, to draw down funds by issuing shares of common stock to GEM.
  • Aquaback will control the timing and magnitude of such drawdowns and has no minimum drawdown obligation.
  • Concurrent with a public listing of Aquaback shares, Aquaback will issue warrants to GEM to purchase up to 3.25% of the common stock of the company at an exercise price that will provide material additional funding to Aquaback.

Velocity MSC to Showcase Offerings in Voice and Data, Guest Wi-Fi, Free-to-Guest TV, and POTS IN A BOX® Systems at HITEC 2023

Retrieved on: 
Monday, June 26, 2023

This conference will be held from June 26 to June 29 and hosted in Toronto.

Key Points: 
  • This conference will be held from June 26 to June 29 and hosted in Toronto.
  • "Velocity is excited to attend HITEC this year to showcase our solutions and services to the Hospitality Industry," shared Mark Walker, President and COO of Velocity.
  • At HITEC, Velocity will showcase the following suite of scalable hospitality solutions:
    Velocity's fully managed fiber, broadband, and Wireless 4G/LTE solutions, as well as voice services that consolidate traditional phone and VoIP voice services.
  • Velocity's POTS IN A BOX® system provides core voice and data functionalities of POTS without the difficult-to-support and increasingly expensive copper infrastructure.