Contract

Vireo Health Launches Amplifi™, the First Terpene-Enhanced Brand of Dry Cannabis Flower

Retrieved on: 
Friday, January 8, 2021
Contract, Contract law, Financial statements, SEC filings, Law, Forward-looking statement

This press release contains "forward-looking information" within the meaning of applicable United States and Canadian securities legislation.

Key Points: 
  • This press release contains "forward-looking information" within the meaning of applicable United States and Canadian securities legislation.
  • These statements should not be read as guarantees of future performance or results.
  • Financial outlooks, as with forward-looking information generally, are, without limitation, based on the assumptions and subject to various risks as set out herein.
  • The statements in this press release are made as of the date of this release.

INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against K12 Inc. and Encourages Investors to Contact the Firm Before January 19, 2021

Retrieved on: 
Tuesday, January 5, 2021
Cybercrime, Computer security, Cyberattack, Lawsuit, Plaintiff, Contract, Law, Common law, Legal systems

Investors have until January 19, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until January 19, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • When classes in Miami-Dade started on August 31, 2020, K12s platform experienced major technical issues, disruptions, and a series of cyberattacks.
  • In response, the districts superintendent revealed that the district had never executed its $15.3 million contract with K12.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Williams’ Global Resolution with Chesapeake Receives Bankruptcy Court Approval

Retrieved on: 
Thursday, December 17, 2020
Oil, Gas, Energy, Chapter 11, Title 11, United States Code, Title 11 of the United States Code, Bankruptcy, Contract, Finance, Law, Economy

Williams (NYSE: WMB) today announced bankruptcy court approval of the global resolution it reached last month with Chesapeake as part of Chesapeakes Chapter 11 bankruptcy restructuring process.

Key Points: 
  • Williams (NYSE: WMB) today announced bankruptcy court approval of the global resolution it reached last month with Chesapeake as part of Chesapeakes Chapter 11 bankruptcy restructuring process.
  • Subsequent to the bankruptcy courts approval, Williams received a payment of $112 million from Chesapeake related to all pre-petition and past due receivables associated with midstream expenses per the existing contracts.
  • Key highlights of the approved global resolution include the following:
    Chesapeake will pay all pre-petition and past due receivables related to midstream expenses, per the existing contracts.
  • Chesapeake will not attempt to reject Williams gathering agreements in the Eagle Ford, Marcellus, or Mid-Con.

Assertio Announces Restructuring Plan and Leadership Changes

Retrieved on: 
Tuesday, December 15, 2020
Communication, Forward-looking statement, Contract law, Contract, Articles

These forward-looking statements relate to, among other things, future events or the future performance or operations of Assertio.

Key Points: 
  • These forward-looking statements relate to, among other things, future events or the future performance or operations of Assertio.
  • Such forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the control of Assertio.
  • Investors and potential investors are urged not to place undue reliance on forward-looking statements in this communication, which speak only as of this date.
  • Nothing contained herein constitutes or will be deemed to constitute a forecast, projection or estimate of the future financial performance of Assertio, whether following the resignations, appointment, and restructuring described herein or otherwise.

SPLUNK INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of those who acquired Splunk In

Retrieved on: 
Tuesday, December 8, 2020
Contract law, Data security, Proprietary software, Splunk, System administration, Contract, SPL, Software, Information technology management, Computing

You may obtain additional information concerning the action or join the case on our website, www.whafh.com .

Key Points: 
  • You may obtain additional information concerning the action or join the case on our website, www.whafh.com .
  • If you have incurred losses in the shares of Splunk Inc., you may, no later than February 2, 2021, request that the Court appoint you lead plaintiff of the proposed class.
  • Splunk attributed the shortfall to uncertainty and volatilityfor macro factors that cause[d] customers to delay spending commitments, particularly for high-value contracts.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SHAREHOLDER ALERT: Maxar Technologies Inc. Officers and Directors Under Investigation for Possible Breaches of Fiduciary Duty

Retrieved on: 
Tuesday, December 8, 2020
Financial markets, Maxar Technologies, Westminster, Colorado, Law, Fiduciary, Financial economics, Stock, Contract, Amos

The AMOS-8 contract ultimately fell through and Maxar later took a $384 million impairment charge in October 2018.

Key Points: 
  • The AMOS-8 contract ultimately fell through and Maxar later took a $384 million impairment charge in October 2018.
  • However, Maxar did not disclose that this AMOS-8 contract was subject to several key contingencies.
  • The Schubert Firm is investigating potential derivative claims based on harm the company has suffered as a result of potential breaches of fiduciary duty by Maxar's officers and directors.
  • If you own stock in Maxar and wish to obtain additional information about your legal rights, please contact us today.

Conga Modernizes Contract Management for the Digital World with Launch of Conga CLM

Retrieved on: 
Friday, December 4, 2020
Contract law, CLM, Contract management, Conga, Contract

Conga CLM enables companies to move up the contract management maturity curve regardless of where they began, addressing a major challenge in contract management picking between lightweight solutions that do not grow with evolving needs or selecting a feature-rich solution that largely goes unused.

Key Points: 
  • Conga CLM enables companies to move up the contract management maturity curve regardless of where they began, addressing a major challenge in contract management picking between lightweight solutions that do not grow with evolving needs or selecting a feature-rich solution that largely goes unused.
  • Conga CLM ends the era of manual and disjointed contract processes by delivering higher-quality customer experiences through automation and increased visibility.
  • On average, Conga CLM customers achieve a 45% increase in contract accuracy and 42% faster contract processing.
  • The new Conga CLM offers various contract management features, including:
    Online Contract Collaboration (OCC): An online user interface where any approved individuals can comment and redline an agreement, leading to shorter contract cycle times.

Paratek Announces Inducement Grants under NASDAQ Listing Rule 5635(c)(4)

Retrieved on: 
Tuesday, December 1, 2020
Omadacycline, Biomedical Advanced Research and Development Authority, Barda, Contract

These awards were granted pursuant to the Paratek Pharmaceuticals, Inc. 2017 Inducement Plan, as amended, which was approved by the Company's board of directors on June 15, 2017, under Rule 5635(c)(4) of the NASDAQ Listing Rules, for equity grants to employees entering into employment or returning to employment after a bona fide period of non-employment with the Company, as an inducement material to such individuals entering into employment with the Company.

Key Points: 
  • These awards were granted pursuant to the Paratek Pharmaceuticals, Inc. 2017 Inducement Plan, as amended, which was approved by the Company's board of directors on June 15, 2017, under Rule 5635(c)(4) of the NASDAQ Listing Rules, for equity grants to employees entering into employment or returning to employment after a bona fide period of non-employment with the Company, as an inducement material to such individuals entering into employment with the Company.
  • Paratek has a collaboration agreement with Zai Lab for the development and commercialization of omadacycline in the greater China region and retains all remaining global rights.
  • Paratek retains the development and commercialization rights for sarecycline in the rest of the world.
  • In 2019, Paratek was awarded a contract from the Biomedical Advanced Research and Development Authority (BARDA) to support the development of NUZYRA for the treatment of pulmonary anthrax.

Fabasoft Presents AI-based Contract Management

Retrieved on: 
Tuesday, November 17, 2020
Professional services, Data management, Technology, Legal, Mobile, Wireless, Software, Networks, Contract law, Fabasoft, LINZ, Legal documents, Contract management, Information technology, Contract, Computing, Cloud computing, Information, Fabasoft eGov-Suite

Fabasoft Contracts , the companys standard product for intelligent contract management, simplifies the way businesses create, process, and manage contracts by leveraging artificial intelligence methods.

Key Points: 
  • Fabasoft Contracts , the companys standard product for intelligent contract management, simplifies the way businesses create, process, and manage contracts by leveraging artificial intelligence methods.
  • User-customizable dashboards deliver a consolidated view of contract-relevant data including contract durations, contract amounts, and contractual obligations, helping companies respond proactively to upcoming events.
  • With Fabasoft Contracts, were offering an immediately ready-to-use standard product to handle contract management over the entire contract lifecycle.
  • Fabasoft is among the leading software product companies and cloud service providers in Europe for digital document management as well as electronic document, process, and records management.

Biometric and Multi-Factor Identity and Access Management Provider BIO-key Reports Q3 Revenue of $943K and $18.4M Cash Position; Hosts Investor Webcast Today at 10am ET

Retrieved on: 
Thursday, November 12, 2020
Identification, Biometrics, Surveillance, Margin, Contract, Economy, Law

BIO-key ended Q320 with $18.4M of cash reflecting the completion of a $24.8 million underwritten public offering of stock and warrants in July.

Key Points: 
  • BIO-key ended Q320 with $18.4M of cash reflecting the completion of a $24.8 million underwritten public offering of stock and warrants in July.
  • BIO-keys biometric user access solution for voter registration data was utilized across 45 counties in two states during recent elections.
  • One of two large African contracts is expected to commence in Q420, with anticipated orders of $650K for an initial deployment.
  • PortalGuard adds high margin, recurring license and maintenance revenue, as evidenced by a 78% gross margin achieved in Q320.