ACE Bakery

Softchoice Appoints Jonathan Roiter as Chief Financial Officer

Retrieved on: 
Tuesday, April 11, 2023
Software, Technology, Networks, Interim, University, Culture, University of Pennsylvania, MBA, Multimedia, McKinsey & Company, ACE Bakery, Wharton School of the University of Pennsylvania, Gildan, McGill University, CFO, TSX, Growth, Goodfood Market, Management

Softchoice Corporation (“Softchoice” or the “Company”) (TSX: SFTC) is pleased to announce the appointment of Jonathan Roiter as Chief Financial Officer, effective June 1, 2023.

Key Points: 
  • Softchoice Corporation (“Softchoice” or the “Company”) (TSX: SFTC) is pleased to announce the appointment of Jonathan Roiter as Chief Financial Officer, effective June 1, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230411005339/en/
    Softchoice appoints Jonathan Roiter as Chief Financial Officer (Photo: Business Wire)
    Jonathan is a seasoned executive with extensive public company, finance, corporate development, strategy, and operations experience.
  • “We are excited to welcome Jonathan to Softchoice and are confident that he is an exceptional leader who will enhance our already dynamic and engaged culture, and will contribute to the next stage of our growth and success,” said Andrew Caprara, President & Chief Operating Officer.
  • “On behalf of our entire organization, I wish to thank Yota Skederidis for her leadership as our Interim Chief Financial Officer during this transition period.

DDC Enterprise Limited and Ace Global Business Acquisition Limited Mutually Agree To Terminate Share Exchange Agreement

Retrieved on: 
Tuesday, July 12, 2022
SEC, U.S. Securities and Exchange Commission, SPAC, Acquisition, Leadership, DDC, ACBA, Social commerce, CEO, Cayman, RTC, Risk, Forward-looking statement, ACE Bakery, Virgin Islands, RTH, NASDAQ, Management, Risk management, PRC, Ace

NEW YORK, July 12, 2022 /PRNewswire/ -- DDC Enterprise Limited (the "Company" or "DDC"), a digital publisher and merchandising company that owns and operates the brand DayDayCook, and Ace Global Business Acquisition Limited ("Ace") (NASDAQ: ACBA, ACBAU, ACBAW), a special purpose acquisition company ("SPAC"), today announced that both parties have mutually agreed to terminate their previously announced Share Exchange Agreement ("Share Exchange Agreement"), effective immediately.

Key Points: 
  • NEW YORK, July 12, 2022 /PRNewswire/ -- DDC Enterprise Limited (the "Company" or "DDC"), a digital publisher and merchandising company that owns and operates the brand DayDayCook, and Ace Global Business Acquisition Limited ("Ace") (NASDAQ: ACBA, ACBAU, ACBAW), a special purpose acquisition company ("SPAC"), today announced that both parties have mutually agreed to terminate their previously announced Share Exchange Agreement ("Share Exchange Agreement"), effective immediately.
  • Both parties decided to mutually terminate the Share Exchange Agreement as a result of unfavorable market conditions.
  • DDC Enterprise Limited is a private company incorporated in the Cayman Islands in 2012, which started its business in Hong Kong and expanded its business to Shanghai, PRC in 2015.
  • This document contains certain "forward-looking statements" within the meaning of the federal securities laws, including with respect to the pursuit by Ace Global Business Acquisition Limited ("Ace") of a business combination transaction.

BOND BAKERY BRANDS WELCOMES PHILIP SHAW AS PRESIDENT, BOND BAKERY BRANDS USA

Retrieved on: 
Monday, April 4, 2022
EVP, Investment, Growth, Philip, Friends, La Brea Bakery, CEO, Entrepreneurship, Corporate development, Industry, ACE Bakery, Bond

TORONTO, April 4, 2022 /PRNewswire/ - Bond Bakery Brands Limited ("Bond" or "Bond Bakery Brands") is pleased to announce the appointment of industry veteran Philip Shaw as President of Bond's wholly owned subsidiary, Bond Bakery Brands USA Limited.

Key Points: 
  • TORONTO, April 4, 2022 /PRNewswire/ - Bond Bakery Brands Limited ("Bond" or "Bond Bakery Brands") is pleased to announce the appointment of industry veteran Philip Shaw as President of Bond's wholly owned subsidiary, Bond Bakery Brands USA Limited.
  • Philip brings extensive experience leading and advising high-growth commercial bakeries, including previously serving as CEO of ACE Bakery and La Brea Bakery.
  • "It is a great accomplishment for a young company such as Bond Bakery Brands to attract a talented and experienced industry veteran like Philip Shaw to our team.
  • Based in Canada, Bond Bakery Brands Limited is a stakeholder-focused investment platform accelerating the growth of bakery companies.

Ace Global Business Acquisition Limited Announces Merger Agreement with DDC Enterprise Limited

Retrieved on: 
Wednesday, August 25, 2021
Benchmark, Omni, Tripura Merger Agreement, Today, SEC, Social media, Research, Cayman Islands, ACE Bakery, Consumer, Risk, CAGR, RTC, U.S. Securities and Exchange Commission, ACBA, DDC, Time, File, Omnichannel, PIPE, Special-purpose acquisition company, CEO, Virgin Islands, Form, RTH, Person, LLP, NEW, NASDAQ, Failure, THE, Social commerce, Security (finance), Company, LLC, Private Securities Litigation Reform Act, Nasdaq, Ownership, Acquisition, DLA Piper, Mergers and acquisitions, Annual report, Retail, Renewable energy, Bank

The deal gives DDC a base enterprise value of US$300 million and Ace and DDC will aim to raise aprivate investment in public equity (PIPE) of approximately US$30-40 million.

Key Points: 
  • The deal gives DDC a base enterprise value of US$300 million and Ace and DDC will aim to raise aprivate investment in public equity (PIPE) of approximately US$30-40 million.
  • NEW YORK, Aug. 25, 2021 /PRNewswire/ --Ace Global Business Acquisition Limited ("Ace") (NASDAQ: ACBA, ACBAU, ACBAW), a special purpose acquisition company, announced today that it has entered into a definitive share exchange agreement (the "Merger Agreement") with DDC Enterprise Limited ("DDC"), a digital publisher and merchandiser company, providing for a business combination that will result in DDC becoming a publicly listed company.
  • Under the terms of the Merger Agreement, Ace will merge with DDC, resulting in DDC being a listed company on the Nasdaq Capital Market.
  • DLA Piper LLP is acting as legal advisor to Ace Global Business Acquisition Limited.

Global Specialty Frozen Bakery Market Research Report - Forecast to 2022

Retrieved on: 
Tuesday, May 8, 2018
Food and drink, Baking, Personal life, Bakery, Baker, ACE Bakery

LONDON, May 8, 2018 /PRNewswire/ -- In global specialty bakery market, bread rolls/artisan loaves and sweet baked goods/ morning goods together holds more than 90% of market share in 2016 (both in terms of value and volume) as maximum specialty frozen bakery products available in the market are comes under these two categories.

Key Points: 
  • LONDON, May 8, 2018 /PRNewswire/ -- In global specialty bakery market, bread rolls/artisan loaves and sweet baked goods/ morning goods together holds more than 90% of market share in 2016 (both in terms of value and volume) as maximum specialty frozen bakery products available in the market are comes under these two categories.
  • The global market for specialty frozen bakery has witnessed continued demand during the last few years and is projected to reach USD 3,434 million by 2022 with CAGR of 4.45% as changing lifestyle and adoption of various frozen bread rolls/ artisan loaves and sweet bakery goods in regular diet encouraging specialty frozen bakery products consumption.
  • Improvement in distribution channels for specialty frozen bakery products is influencing the sales of frozen bakery products in Europe and North America region.
  • Convenience / independent retail will witness higher growth rate during the forecast period due to increasing number of small vendors in specialty frozen bakery market.