TRO

Marvell Launches Products, Technology and Partnerships at OFC 2024 to Scale Optical Technology for Accelerated Infrastructure

Retrieved on: 
Tuesday, March 26, 2024

SANTA CLARA, Calif., March 26, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, will outline its broad-ranging strategy to optimize optical technology to meet the rising performance and power requirements of AI and cloud data centers at OFC 2024, taking place this week in San Diego, California.

Key Points: 
  • 200 Gbps per lane I/O is a defining feature of next-generation data center architectures.
  • Nova, a 1.6T optical DSP featuring 100G per lane electrical I/O and 200G per lane optical interfaces, is now generally available.
  • Marvell 3D Silicon Photonics Engine: The Marvell 3D SiPho Engine combines hundreds of components needed for optical communications into a single device.
  • "The industry is now entering a new chapter and Marvell is looking forward to collaborating with its partners in extending the horizons of this far-reaching technology."

Marvell Announces Industry's First 5nm Transmit-Only 800G PAM4 Optical DSP for AI and Cloud Interconnects

Retrieved on: 
Monday, March 25, 2024

SANTA CLARA, Calif., March 25, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced Spica Gen2-T, the industry's first 5nm 800 Gbps transmit-only PAM4 optical DSP.

Key Points: 
  • SANTA CLARA, Calif., March 25, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced Spica Gen2-T, the industry's first 5nm 800 Gbps transmit-only PAM4 optical DSP.
  • To enable cloud service providers to optimize their infrastructure, Marvell has reduced power per bit and cost per bit with every generation of optical DSPs.
  • Spica Gen2-T is the latest member of the Marvell family of 800 Gbps optical DSPs, the most widely deployed optical DSP in cloud data centers and AI clusters2.
  • Spica, Spica Gen2, Spica Gen2-T, and Perseus are all based on the Marvell industry-leading PAM4 optical DSP architecture .

NCLA Wins Order Blocking Dep’t of Energy’s Unlawful Demand for Cryptocurrency Mining Data

Retrieved on: 
Saturday, February 24, 2024

The 14-day TRO blocks DOE and the Energy Information Administration (EIA) from forcing cryptocurrency mining companies to hand over sensitive information about their electricity consumption through a mandatory Cryptocurrency Mining Facilities Survey.

Key Points: 
  • The 14-day TRO blocks DOE and the Energy Information Administration (EIA) from forcing cryptocurrency mining companies to hand over sensitive information about their electricity consumption through a mandatory Cryptocurrency Mining Facilities Survey.
  • On behalf of its clients, the Texas Blockchain Council and Riot Platforms, Inc., NCLA celebrates the Court’s Order and looks forward to derailing DOE’s unlawful data collection effort once and for all.
  • OMB approved EIA’s slapdash emergency request to launch the Cryptocurrency Mining Facilities Survey just two days after receiving it.
  • In demanding these companies’ data, EIA appears to be responding to political pressure rather than a genuine “emergency” implicating public harm.

NCLA Suit Challenges DOE’s Unlawful Attempt to Collect Cryptocurrency Miners’ Energy Use Data

Retrieved on: 
Friday, February 23, 2024

The Texas Blockchain Council v. Department of Energy suit is pending in the U.S. District Court for the Western District of Texas.

Key Points: 
  • The Texas Blockchain Council v. Department of Energy suit is pending in the U.S. District Court for the Western District of Texas.
  • OMB approved EIA’s slapdash Cryptocurrency Mining Facilities Survey request just two days after receiving it.
  • NCLA urges the Court to set aside this unlawful action and force DOE and OMB back to the drawing board.
  • DOE wants to get away with assuming the results of the very survey it hopes to conduct.”
    — Mark Chenoweth, President and Chief Legal Officer, NCLA

The Committee to Restore Nymox Shareholder Value Provides Factual Update to Nymox Shareholders Regarding Special Meeting

Retrieved on: 
Monday, November 6, 2023

For the reasons detailed below, the Special Meeting will be postponed until further court rulings and CRNSV intends to steadfastly and vigorously pursue the urgent holding of the Special Meeting on behalf of all concerned Nymox shareholders within the Bahamian laws.

Key Points: 
  • For the reasons detailed below, the Special Meeting will be postponed until further court rulings and CRNSV intends to steadfastly and vigorously pursue the urgent holding of the Special Meeting on behalf of all concerned Nymox shareholders within the Bahamian laws.
  • Declaring premature and hollow “victories” is a trait of inexperienced and inward-looking leadership that has plagued Nymox for years.
  • Despite having validly called the Special Meeting pursuant to the Bahamian Supreme Court Order, Averback and his submissive Board have attempted to stymie shareholder voices from the very beginning.
  • The Bahamian Supreme Court Order clearly ordered the calling of a shareholder meeting by Nymox and if Nymox did not call the meeting, CRNSV was permitted to do so.

Forward Air Corporation Provides Omni Transaction Update

Retrieved on: 
Thursday, October 26, 2023

Notwithstanding the dissolution of the TRO, Forward believes that Omni has not complied with certain of its obligations under Sections 7.03 and 7.14 of the Merger Agreement.

Key Points: 
  • Notwithstanding the dissolution of the TRO, Forward believes that Omni has not complied with certain of its obligations under Sections 7.03 and 7.14 of the Merger Agreement.
  • Consequently, Forward believes the closing condition contained in Section 8.02(b) of the Merger Agreement will not be satisfied at the anticipated closing of the transactions under the Merger Agreement, and Forward will not be obligated to close.
  • As a result, Forward is considering its rights and obligations under the Merger Agreement, including potentially exercising its right to terminate the Merger Agreement.
  • In connection with these updates, Forward is withdrawing its previous 2024 target for adjusted EBITDA for the combined company and any other related targets.

26 Capital Acquisition Corp. Announces Hold to Liquidation

Retrieved on: 
Tuesday, October 3, 2023

Concurrently with filing the Motion, Schulte also filed a complaint against 26 Capital in the Delaware Court related to disputed legal fees.

Key Points: 
  • Concurrently with filing the Motion, Schulte also filed a complaint against 26 Capital in the Delaware Court related to disputed legal fees.
  • 26 Capital is evaluating its legal options regarding these proceedings and intends to defend itself vigorously against Schulte's allegations; 26 Capital remains committed to returning the funds held in the Trust Account to its public stockholders as soon as possible.
  • Additionally, 26 Capital announced today that, effective September 21, 2023, J. Randall Waterfield resigned from the board of directors of 26 Capital.
  • Mr. Waterfield's resignation was not the result of any dispute or disagreement with 26 Capital or 26 Capital's board of directors on any matter relating to 26 Capital's operations, policies or practices.

Amgen and Horizon Therapeutics plc Resolve FTC Lawsuit, Clearing Path to Close Acquisition

Retrieved on: 
Friday, September 1, 2023

Amgen (NASDAQ:AMGN) and Horizon Therapeutics plc (NASDAQ:HZNP) today announced the entry into a consent order agreement with the Federal Trade Commission (FTC) that resolves the pending FTC administrative lawsuit.

Key Points: 
  • Amgen (NASDAQ:AMGN) and Horizon Therapeutics plc (NASDAQ:HZNP) today announced the entry into a consent order agreement with the Federal Trade Commission (FTC) that resolves the pending FTC administrative lawsuit.
  • This clears the path to take the final steps to close Amgen’s acquisition of Horizon.
  • This narrow assurance, formalized in the consent order with the FTC, will have no impact on Amgen’s business.
  • The companies anticipate being able to close the acquisition in early fourth-quarter 2023 and look forward to the opportunity to serve patients around the world suffering from rare diseases.

AMGEN AND HORIZON THERAPEUTICS PLC RESOLVE FTC LAWSUIT, CLEARING PATH TO CLOSE ACQUISITION

Retrieved on: 
Friday, September 1, 2023

THOUSAND OAKS, Calif. and DUBLIN, Sept. 1, 2023 /PRNewswire/ -- Amgen (NASDAQ:AMGN) and Horizon Therapeutics plc (NASDAQ:HZNP) today announced the entry into a consent order agreement with the Federal Trade Commission (FTC) that resolves the pending FTC administrative lawsuit.

Key Points: 
  • THOUSAND OAKS, Calif. and DUBLIN, Sept. 1, 2023 /PRNewswire/ -- Amgen (NASDAQ:AMGN) and Horizon Therapeutics plc (NASDAQ:HZNP) today announced the entry into a consent order agreement with the Federal Trade Commission (FTC) that resolves the pending FTC administrative lawsuit.
  • This clears the path to take the final steps to close Amgen's acquisition of Horizon.
  • This narrow assurance, formalized in the consent order with the FTC, will have no impact on Amgen's business.
  • The companies anticipate being able to close the acquisition in early fourth-quarter 2023 and look forward to the opportunity to serve patients around the world suffering from rare diseases.

New Energy Metals Provides Technical Update on Troitsa Copper Project and Files NI 43-101 Technical Report

Retrieved on: 
Thursday, May 11, 2023

The Report represents an important milestone for the Company as it provides a comprehensive and independent evaluation of the mineralization of the Project.

Key Points: 
  • The Report represents an important milestone for the Company as it provides a comprehensive and independent evaluation of the mineralization of the Project.
  • The Report confirms the presence of significant mineralization on the property, including copper, molybdenum, gold, and silver.
  • The Report also outlines a number of exploration targets and recommends further exploration work to fully evaluate the potential of the Project.
  • "The Report represents a significant step forward for New Energy," states Rishi Kwatra, CEO of the Company.