Robin Hood

U.S. Global Investors Announces Results for Fiscal Year 2022, with Operating Income Up 36% Year-over-Year and Operating Margin of 45%

Retrieved on: 
Friday, September 2, 2022
Bitcoin, Ethereum, Share repurchase, Allianz Global Investors, YOY, SAN, NASDAQ, Time, Sale, Â, Board, Central, Recession, ETF, AUM, Public relations, Investment, JETS, GLOBE, Company, Gold, News, Weather, SEA, Robin Hood, HIVE, Webcast, Director, Industry, Marketing, Security (finance), Health insurance, Cryptocurrency, Financial adviser

Operating margin was 45%, up from 38% in fiscal 2021.

Key Points: 
  • Operating margin was 45%, up from 38% in fiscal 2021.
  • As of June 30, 2022, the Company had net working capital of approximately $33.9 million, a 57% increase from June 30, 2021.
  • Net income was $5.5 million, or $0.37 per share, down from $32.0 million a year earlier, or $2.12 per share.
  • The Company had lower realized gains and unrealized losses on investments in the current year compared to higher realized and unrealized gains on investments in fiscal 2021.

Energy Conservation Program Creates $1 Million Cost Avoidance for Montgomery ISD

Retrieved on: 
Monday, August 29, 2022
Partnership, MISD, Carbon, Organic, United States Environmental Protection Agency, Robin Hood, Student, Partner, Local government, Montgomery, Renewable energy, Construction, Heating, ventilation, and air conditioning, Recycling, Montgomery Independent School District

DALLAS, Aug. 29, 2022 /PRNewswire/ -- As the cost of utilities continues to rise, an energy savings partnership is supporting Montgomery ISD's commitment to sound fiscal management and conservative budgeting practices.

Key Points: 
  • "The cost avoidance from this partnership has been critical to the district as we planned our budget for this year."
  • Montgomery ISD partnered with energy management company Cenergistic during the 2020-21 school year to create energy efficiencies across the district.
  • The combined efforts of Cenergistic's energy specialists, MISD technicians, and district employees generated a cost avoidance of more than one million dollars in the first year.
  • The Cenergistic energy conservation program delivers financial savings as well as an environmental benefit from a reduced carbon footprint.

Parafin Raises $60M Led by GIC to Help Every Company Launch Embedded Financial Services for Small Businesses

Retrieved on: 
Wednesday, August 3, 2022
Software, Banking, Mobile, Wireless, Online Retail, Internet, Professional Services, Fintech, Electronic Commerce, Technology, Small Business, Retail, Finance, Capital, GIC, Compliance, Risk, Marketing, Small business, Thrive Capital, Engineering, Multimedia, Fraud, Machine learning, Software as a service, Robin Hood, Perception, Growth, Platform, Cryptocurrency, Online shopping, Paraffin

Small businesses have a huge, unmet need for capital and are poorly served by the status quo, said Vineet Goel, co-founder of Parafin.

Key Points: 
  • Small businesses have a huge, unmet need for capital and are poorly served by the status quo, said Vineet Goel, co-founder of Parafin.
  • Before Parafin, most Platforms would find it too complex and expensive to launch a financial services program for their small businesses.
  • With its new capital, Parafin intends to continue to launch new, innovative products for small businesses, such as business charge cards, and further establish its market leadership in embedded financial services.
  • For inquiries from companies interested in using Parafin to launch financial services for their small businesses, contact [email protected] .

FIVE DAYS LEFT for Nikola Stockholders to VOTE FOR Proposal 2

Retrieved on: 
Thursday, July 28, 2022
Shareholder, Nikola Corporation, NOW, Industry, Eastern Time Zone, Proposal 2, Solution, ALL, Multimedia, FOR, Commerce, Company, Transport, Robin Hood, Growth, INTERNET, Security (finance), Holding company

Thanks to the overwhelming support and commitment of Nikola stockholders, the Company continues to get even closer to securing the votes needed to approve Proposal 2.

Key Points: 
  • Thanks to the overwhelming support and commitment of Nikola stockholders, the Company continues to get even closer to securing the votes needed to approve Proposal 2.
  • This important proposal would give Nikola more flexibility to support the future growth and development of its business.
  • Therefore, Nikola strongly urges ALL stockholders who have not yet voted to VOTE FOR Proposal 2 NOW!
  • Stockholders must VOTE by 11:59 p.m., Eastern Time, on August 1, 2022, to ensure their vote is counted.

Coinfeeds Raises $2M Seed Raise and Launches Web3 Community Monitoring App

Retrieved on: 
Wednesday, July 27, 2022
IPFS, Natural language processing, Community, Y Combinator, New Senior Investment Group, Twitter, Data science, CEO, Social media, Research, Health, General partnership, NLP, CTO, News, Microsoft, InterPlanetary File System, Technology, Daos, Company, Robin Hood, API, NFT, Graph, Uber, Cryptocurrency, Filecoin, Telegraphy, Discord

SAN FRANCISCO, July 27, 2022 /PRNewswire/ -- Coinfeeds (or "the Company") today announced that it has raised a $2M seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator. Coinfeeds give users the ability to monitor the social media mentions and activity of web3 and NFT projects which is beneficial for all web3 participants from the average user to professional investors, to the protocol itself looking for insights on the health of its own community. 

Key Points: 
  • Moyi Dang, CEO & Co-Founder of Coinfeeds, commented on the news, "Coinfeeds was developed around the idea that web3 communities are social first.
  • Ramnik Arora, General Partner at FTX Ventures, commented on the seed raise, "We view Coinfeeds as a key piece of infrastructure for multiple stakeholders in the web3 community from traders to developers.
  • Jinbin Xie, Senior Investment Manager at Huobi Ventures, commented on the seed raise, "Community is particularly important for web3 projects.
  • With their leading data science and NLP technology, Moyi and Bhavya are helping web3 projects to keep abreast of the community and build their DAOs.

Aanika Biosciences Launches Insurance Vehicle “Aanika Re” with Initial Backing From Adit Ventures

Retrieved on: 
Tuesday, July 26, 2022
Agriculture, Biotechnology, Insurance, Natural Resources, Finance, Health, FDA, Professional Services, Cloud, Spotify, Association of British HealthTech Industries, Food, Insurance, Tim Draper, Industry, CEO, Compliance, FT, Wiley, AUM, Forge, Critical infrastructure, FT Press, Financial technology, SoFi, Adit, Technology, FDA, Educational technology, Heart, Biology, Â, Robin Hood, ESG, Food safety, Internet, Synthetic biology, Financial services, Pharmaceutical industry, Lemonade, Computer security, Space

No one in the trillion dollar insurance market is looking at biology as a source of data commented, Vishaal Bhuyan co-founder and CEO of Aanika Biosciences.

Key Points: 
  • No one in the trillion dollar insurance market is looking at biology as a source of data commented, Vishaal Bhuyan co-founder and CEO of Aanika Biosciences.
  • Aanika Re being domiciled in Bermuda is the natural progression for Aanika since it was accepted into the Bermuda Monetary Authoritys innovation hub earlier this year.
  • We are really excited about Aanika and this opportunity, said Jon Cholak Partner and Co-Chief Investment Officer of Adit Ventures and Aanika board member.
  • Aanika Biosciences is a Brooklyn based synthetic biology startup that uses microbes to improve food safety.

NIKOLA STOCKHOLDERS: VOTE NOW to Help Secure the Less Than 0.25% of Outstanding Shares Needed to Approve Proposal 2!

Retrieved on: 
Tuesday, July 26, 2022
Shareholder, Nikola Corporation, Industry, Nikola, Annual general meeting, Eastern Time Zone, Proposal 2, Solution, ALL, Multimedia, FOR, Commerce, Company, Transport, Robin Hood, Growth, INTERNET, Renewable energy, Security (finance), Holding company

Thanks to the continued support from stockholders, Nikola is getting closer to securing the vote necessary to pass Proposal 2.

Key Points: 
  • Thanks to the continued support from stockholders, Nikola is getting closer to securing the vote necessary to pass Proposal 2.
  • As of July 26, more than 49.75% of all outstanding shares have been voted in favor of Proposal 2.
  • This means Nikola is less than 0.25%, or less than 1 million shares, short of securing the votes required to approve this important proposal.
  • All stockholders, no matter how many shares they hold, play a vital role in helping Nikola get the votes needed for approval.

ATTENTION NIKOLA STOCKHOLDERS - LESS THAN 0.5% OF OUTSTANDING SHARES NEEDED TO PASS PROPOSAL 2!

Retrieved on: 
Wednesday, July 20, 2022
Shareholder, Nikola Corporation, Industry, Nikola, Social media, Annual general meeting, Eastern Time Zone, Proposal 2, Solution, ALL, Multimedia, Commerce, Company, Transport, Robin Hood, Growth, INTERNET, Security (finance), Holding company

Thanks to the support of its stockholders, Nikola is less than 0.5% short of the outstanding shares needed to be voted in favor to approve Proposal 2, which would allow the Company to increase the authorized number of common shares from 600 million to 800 million.

Key Points: 
  • Thanks to the support of its stockholders, Nikola is less than 0.5% short of the outstanding shares needed to be voted in favor to approve Proposal 2, which would allow the Company to increase the authorized number of common shares from 600 million to 800 million.
  • Proposal 2 has a high threshold for approval it requires a majority of outstanding common stock to be voted in favor for approval.
  • This threshold effectively means that shares that are not voted have the same practical impact as a vote against this important proposal.
  • Stockholders as of the close of business on April 4, 2022, should vote their shares even if they no longer hold them.

Nikola Adjourns and Will Reconvene Annual Meeting of Stockholders on August 2, 2022, to Secure the Less than 0.5% of Votes Needed

Retrieved on: 
Monday, July 18, 2022
2015 Michigan Proposal 1, Nikola Corporation, Proposal 2, Solution, Nikola, Election, Transport, Eastern Time Zone, NOW, FOR, Multimedia, Industry, Company, INTERNET, Growth, ALL, Commerce, Robin Hood, Holding company, Financial adviser, Security (finance), PHOENIX, Shareholder

Nikola stockholders have voted overwhelmingly in favor of Proposal 2 as more than 208 million shares have been voted in favor.

Key Points: 
  • Nikola stockholders have voted overwhelmingly in favor of Proposal 2 as more than 208 million shares have been voted in favor.
  • This means Proposal 2 has a much higher threshold needed for approval.
  • Nikola also has a diverse stockholder base with many investors that hold small positions in the company, making every vote received meaningful.
  • Stockholders must ACTIVELY VOTE by 11:59 p.m., Eastern Time, on August 1, 2022, to ensure their vote is counted.

X1 Card, the Fastest Growing Challenger Credit Card of All Time, Raises $25M Ahead of Opening to the Public

Retrieved on: 
Monday, July 18, 2022
Hardware, Retail, Security, Consumer Electronics, Insurance, Technology, Finance, Banking, Apps, Applications, Other Consumer, Professional Services, Other Retail, Digital Cash Management, Digital Assets, Payments, Consumer, Deepak, Ron Conway, Chief executive officer, Craft Ventures, The Chainsmokers, Time, Income, Technology, Twitter, Love, Insurance, Plaid, Travel, Stainless steel, PayPal, Industry, Google Analytics, COO, Spark Capital, Visa Inc., Robin Hood, Cryptocurrency, Online shopping, Payment card, Box, X1, American Express

X1 Card, the smartest credit card ever made, today announces $25M in Series B funding and will be opening applications to the general public in the U.S. in the coming weeks.

Key Points: 
  • X1 Card, the smartest credit card ever made, today announces $25M in Series B funding and will be opening applications to the general public in the U.S. in the coming weeks.
  • In the coming weeks, applications for the card will open to its 500,000-person waitlist and the general public.
  • "X1 is an iconic brand that will become the most in-demand credit card of all time," said Wesley Chan, co-founder of FPV Ventures.
  • Built with 17g of stainless steel and laser etching technology, X1 Card reimagines the credit card from the ground up.