SEAC

First Command Adds New Members to Military Advisory Board

Retrieved on: 
Thursday, December 14, 2023
Personal Finance, Insurance, Veterans, Finance, Consulting, Banking, Business, Professional Services, Defense, Woman, Senior enlisted advisor, Uzbekistan National Guard, Workforce, Joint Chiefs of Staff, United, SEAC, Health, First, National Guard, Chief of staff, Retirement, Military Advisory Board, Management

First Command Financial Services, Inc., announced today that retired Vice Admiral Sean Buck and SEAC Ramón “CZ” Colón-López have joined the First Command Military Advisory Board.

Key Points: 
  • First Command Financial Services, Inc., announced today that retired Vice Admiral Sean Buck and SEAC Ramón “CZ” Colón-López have joined the First Command Military Advisory Board.
  • “We are pleased to welcome Vice Admiral Buck and SEAC Colón-López to our Military Advisory Board,” said First Command President/CEO Mark Steffe.
  • I look forward to working closely with them and the rest of the Military Advisory Board as we continue our Mission of coaching those who serve in their pursuit of financial security.”
    SEAC Colón-López said he and his wife Janet are honored “to join the Military Advisory Board as we continue to serve those who serve our nation.
  • To learn more about the First Command Military Advisory Board, visit https://www.firstcommand.com/leadership/military-advisory-board/ .

MacDermid Enthone Supports Customers in Achieving REACH Compliance with Impending Restrictions on Cr(VI) Substances

Retrieved on: 
Wednesday, November 29, 2023
Plastic, European Commission, SEAC, REACH, RAC, Communication, Chromium, Tanning (leather)

The European Union Commission has been mandated to develop an Annex XV dossier to fully ban chromium (VI) substances under REACH.

Key Points: 
  • The European Union Commission has been mandated to develop an Annex XV dossier to fully ban chromium (VI) substances under REACH.
  • It is recommended that companies begin their preparations now, ahead of the 2026 deadline.
  • In response to the mandate, MacDermid Enthone issued a communication to customers and partners outlining the proposed timeline to assist applicators in planning for their transition from hexavalent chromium processes to chromium (VI) free technologies.
  • "The transition to REACH compliance will pose opportunities and challenges for the industry," says Bob Geissler, Vice President, Europe at MacDermid Enthone.

MacDermid Enthone Supports Customers in Achieving REACH Compliance with Impending Restrictions on Cr(VI) Substances

Retrieved on: 
Wednesday, November 29, 2023
Plastic, European Commission, SEAC, REACH, RAC, Communication, Chromium, Tanning (leather)

The European Union Commission has been mandated to develop an Annex XV dossier to fully ban chromium (VI) substances under REACH.

Key Points: 
  • The European Union Commission has been mandated to develop an Annex XV dossier to fully ban chromium (VI) substances under REACH.
  • It is recommended that companies begin their preparations now, ahead of the 2026 deadline.
  • In response to the mandate, MacDermid Enthone issued a communication to customers and partners outlining the proposed timeline to assist applicators in planning for their transition from hexavalent chromium processes to chromium (VI) free technologies.
  • "The transition to REACH compliance will pose opportunities and challenges for the industry," says Bob Geissler, Vice President, Europe at MacDermid Enthone.

IN PARTNERSHIP WITH THE RIMBA COLLECTIVE, DOVE WILL HELP PROTECT AND RESTORE 123,000 ACRES OF RAINFOREST IN SOUTHEAST ASIA - AN AREA 8X THE SIZE OF MANHATTAN - OVER FIVE YEARS

Retrieved on: 
Monday, August 21, 2023
Heart, QR code, Climate, Rainforest, Hair, Partnership, Animal, Nature, Senior, Education, Helmeted hornbill, SEAC, Safety, Electricity, Rimba, Sunda pangolin, Cosmetics, Carbon, Social media, Natural Resources, Landslide, Certification, Biodiversity, PETA, Regeneration, Beauty, Climate change, Sustainability, Soil, Non-governmental organization, Risk, Sanitation, Water, Eurogroup for Animals, Project, Columbidae, AR, Skin, Hunting, Agriculture, Forestry, Tourism, Recycling, EU, Walmart, Unilever, Earth

ENGLEWOOD CLIFFS, N.J., Aug. 21, 2023 /PRNewswire/ -- Today, Dove announces the Dove Nature Regeneration Project, its latest initiative to protect nature and tackle climate change. In partnership with the Rimba Collective, Dove will help protect and restore 123,000 acres of rainforest in Southeast Asia –an area 8x the size of Manhattan – over five years.  

Key Points: 
  • In partnership with the Rimba Collective, Dove will help protect and restore 123,000 acres of rainforest in Southeast Asia –an area 8x the size of Manhattan – over five years.
  • For years, Dove has progressed the conversation around beauty, setting new standards for how the industry at large should behave.
  • In partnership with Rimba Collective, the Dove Nature Regeneration Project, which is funded through Unilever's Climate & Nature Fund, will support projects that protect rainforests, restore rainforest ecosystems, and tackle climate change.
  • The Rimba Collective is a collaboration of organisations committed to delivering rainforest conservation, restoration outcomes, and supporting local communities in Southeast Asia.

SeaChange Adopts Tax Benefits Preservation Plan to Protect Tax Assets

Retrieved on: 
Wednesday, August 16, 2023
Computershare, Common stock, Advertising, Plan, FAST, Date, SeaChange, SEAC, Person, Rights, SeaChange International, Bangladesh Securities and Exchange Commission, Internal Revenue Code, Acquisition, Security (finance)

As of January 31, 2023, the Company had United States federal NOLs of approximately $131 million.

Key Points: 
  • As of January 31, 2023, the Company had United States federal NOLs of approximately $131 million.
  • The Plan is similar to the Company’s previous Tax Benefits Preservation Plan, as amended, dated March 4, 2019, by and between the Company and Computershare Inc., as rights agent, which expired on March 4, 2022.
  • Subject to customary limitations, the Plan may be amended, redeemed or terminated by the Board at any time prior to being triggered or its expiration.
  • Additional details regarding the Plan are contained in a Current Report on Form 8-K to be filed by SeaChange with the U.S. Securities and Exchange Commission (the “SEC”).

KKR Expands Focus on Climate Investing with Key Appointments to Global Infrastructure Team

Retrieved on: 
Thursday, August 17, 2023
Professional Services, Environment, Sustainability, Socially Responsible Investing, Finance, Climate Change, Global Infrastructure Partners, Energy transition, SEAC, Public policy, KKR, Wind, Goldman Sachs, Jean-Hubert Gailliot, Partner, Investment, Schneider Electric, Climate, Arora, NextEra Energy, Renewable energy

KKR, a leading global investment firm, today announced that Charlie Gailliot has joined the firm as a co-head for the firm’s global climate strategy, rounding out a leadership team focused on climate-related investments as part of KKR’s infrastructure platform.

Key Points: 
  • KKR, a leading global investment firm, today announced that Charlie Gailliot has joined the firm as a co-head for the firm’s global climate strategy, rounding out a leadership team focused on climate-related investments as part of KKR’s infrastructure platform.
  • “Since the launch of the KKR infrastructure platform 15 years ago, we have invested billions into renewable energy and climate solutions,” said Raj Agrawal, Partner, Head of Global Infrastructure.
  • KKR has committed more than $40 billion to sustainability-focused investments, including $30+ billion to climate and environmental sustainability investments since 2010.
  • KKR first established its Global Infrastructure strategy in 2008 and has since been a leading global infrastructure investor with a team of more than 115 executives including approximately 90 investment professionals and an additional 25 dedicated value creation resources.

SeaChange Announces Voluntary SEC Deregistration and Nasdaq Delisting

Retrieved on: 
Tuesday, August 8, 2023
Smart TV, Common stock, Advertising, FAST, SeaChange, SEAC, Perception, Connected, SeaChange International, Accounting, Sale, Dislocation, OTC Bulletin Board, EBITDA, Growth, Form 10-K, Security (finance), Sales, Cryptocurrency

BOSTON, Aug. 08, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, today announced its voluntary decision to deregister its common stock (the “Common Stock”) with the U.S. Securities and Exchange Commission (the “SEC”) and delist its Common Stock from The Nasdaq Stock Market LLC (“Nasdaq”).

Key Points: 
  • BOSTON, Aug. 08, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, today announced its voluntary decision to deregister its common stock (the “Common Stock”) with the U.S. Securities and Exchange Commission (the “SEC”) and delist its Common Stock from The Nasdaq Stock Market LLC (“Nasdaq”).
  • The Company expects that the voluntary delisting from Nasdaq and “going dark” will save SeaChange significant money, which can be used to execute the Company’s standalone plan, and thus will provide a benefit to the Company’s stockholders.
  • However, SeaChange stockholders who are concerned about liquidity may choose to sell their shares of Common Stock now before the delisting becomes effective.
  • No guarantee, however, can be made that a trading market in the Common Stock in any over-the-counter market will be maintained.

Murchinson Takes Action to Replace Board of Directors of Nano Dimension at Upcoming Annual General Meeting

Retrieved on: 
Thursday, August 3, 2023
Finance, Manufacturing, Professional Services, Asset Management, Engineering, Marketing, SEAC, Compensation, Hamilton, Audit committee, MRV Communications, NYSE, Dental, Viola Credit, Pons, 3D, Research, CFOS, Syneron Medical, Partner, Brainsway, Nano, Annual Meetings of the International Monetary Fund and the World Bank Group, Innovate Corp., TASE, NIS, Laser, MCK, Annual general meeting, Special, McKesson Corporation, Cryptocurrency, Pharmaceutical industry, Holding company, Audit, Management, 3D printing, Beauty

“At the Special Meeting convened by Murchinson on March 20, 2023, Nano Dimension’s shareholders sent a clear message that change was urgently needed on the Company’s Board.

Key Points: 
  • “At the Special Meeting convened by Murchinson on March 20, 2023, Nano Dimension’s shareholders sent a clear message that change was urgently needed on the Company’s Board.
  • In response, Yoav Stern and Nano Dimension have taken every possible step to ignore the will of shareholders and further entrench themselves.
  • Given that Nano Dimension has remained resolute in its desire to disenfranchise its own shareholders, we have been forced to put forth proposals to effectively replace the entire Board at the upcoming Annual Meeting.
  • Previously served as Chairman of the Nano Dimension Board from 2019 to 2021, and as a director at the Company from 2015 to 2021.

SeaChange Reports Fiscal Q1 2024 Financial and Operational Results

Retrieved on: 
Monday, June 12, 2023
Advertising, Software as a service, FAST, SeaChange, SEAC, SeaChange International, GAAP, Fox Sports (Mexican TV network), EBITDA, Notice, Growth, Software, Video game, Reinsurance, Renewable energy, Bank, Security (finance)

“With service revenues up 40% year-over-year, our focus on generating recurring revenue streams has proven effective, underscoring SeaChange's commitment to long-term growth and stability.

Key Points: 
  • “With service revenues up 40% year-over-year, our focus on generating recurring revenue streams has proven effective, underscoring SeaChange's commitment to long-term growth and stability.
  • Looking ahead, we are highly encouraged by the prevailing tailwinds in the connected TV market and the ongoing consumer shift towards free ad-supported content.
  • Total non-GAAP operating expenses were $4.5 million, compared to non-GAAP operating expenses of $5.8 million in the fourth quarter of fiscal 2023 and $4.7 million in the first quarter of fiscal 2023.
  • Ended the first quarter of fiscal 2024 with cash and cash equivalents of $13.8 million, $1.4 million of marketable securities, and no debt.

SeaChange International, Inc. Announces Reverse Stock Split

Retrieved on: 
Monday, May 22, 2023
Exercise, Computershare, Advertising, Shareholder, FAST, SeaChange, SEAC, Eastern Time Zone, Bangladesh Securities and Exchange Commission, SeaChange International, CUSIP, Security (finance)

(NASDAQ: SEAC) (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging FAST (Free Ad-Supported Streaming TV services) development, today announced that it has resolved to effect a reverse stock split of the Company’s issued common stock and has determined the ratio to be 1-for-20.

Key Points: 
  • (NASDAQ: SEAC) (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging FAST (Free Ad-Supported Streaming TV services) development, today announced that it has resolved to effect a reverse stock split of the Company’s issued common stock and has determined the ratio to be 1-for-20.
  • The Company’s stockholders approved the reverse stock split and granted the SeaChange board of directors the authority to determine the exact split ratio and when to proceed with the reverse stock split at the Company’s Annual Meeting of Stockholders held on May 19, 2023.
  • No fractional shares of common stock will be issued in connection with the reverse stock split.
  • If as a result of the reverse stock split, a stockholder of record would otherwise hold a fractional share, the fractional share resulting from the reverse stock split will be rounded up to the nearest whole share.