Calendar

Alcoa Announces Agreement to Sell its 25.1% Stake in Ma’aden Joint Venture to Ma’aden

Retrieved on: 
Sunday, September 15, 2024

Alcoa (NYSE: AA, ASX: AAI) (“Alcoa” or the “Company”) announced today that it has entered into a binding share purchase and subscription agreement (the “Agreement”) with Saudi Arabian Mining Company (“Ma’aden”), under which Alcoa will sell its full ownership interest of 25.1% in the Ma’aden Joint Venture to Ma’aden for approximately $1.1 billion.

Key Points: 
  • Alcoa (NYSE: AA, ASX: AAI) (“Alcoa” or the “Company”) announced today that it has entered into a binding share purchase and subscription agreement (the “Agreement”) with Saudi Arabian Mining Company (“Ma’aden”), under which Alcoa will sell its full ownership interest of 25.1% in the Ma’aden Joint Venture to Ma’aden for approximately $1.1 billion.
  • Alcoa currently owns 25.1% of the joint venture and Ma’aden owns 74.9%.
  • During the holding period, Alcoa would be permitted to hedge and borrow against its Ma’aden shares.
  • In connection with the transaction, ​Citi is acting as Alcoa’s exclusive financial advisor, and White & Case LLP is acting as its legal counsel.

AVIAT ALERT: Bragar Eagel & Squire, P.C. is Investigating Aviat Networks, Inc. on Behalf of Aviat Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, September 14, 2024

NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Aviat Networks, Inc. (“Aviat” or the “Company”) (NASDAQ: AVNW) on behalf of Aviat stockholders.

Key Points: 
  • NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Aviat Networks, Inc. (“Aviat” or the “Company”) (NASDAQ: AVNW) on behalf of Aviat stockholders.
  • Our investigation concerns whether Aviat has violated the federal securities laws and/or engaged in other unlawful business practices.
  • The Company is working diligently and expects to file the Form 10-K on or before the expiration of the fifteen calendar day extension period."
  • Following this news, Aviat stock dropped more than 18.2% during morning trading the next day.

Psyence Biomedical Ltd. Announces Receipt of Staff Delisting Determination from Nasdaq

Retrieved on: 
Friday, September 13, 2024

The Company was provided an initial period of 180 calendar days, or until September 9, 2024, to regain compliance with the MVLS and MVPHS Requirements.

Key Points: 
  • The Company was provided an initial period of 180 calendar days, or until September 9, 2024, to regain compliance with the MVLS and MVPHS Requirements.
  • As described in the Determination Letter, unless the Company timely requests a hearing before a Hearings Panel (the “Panel”), the Company’s securities would be subject to suspension/delisting.
  • Accordingly, the Company intends to timely request a hearing before the Panel.
  • The hearing request will automatically stay any suspension or delisting action pending the hearing and the expiration of any additional extension period granted by the Panel following the hearing.

Faraday Future Announces Notice of Pendency and Proposed Settlement of Stockholder Derivative Actions

Retrieved on: 
Friday, September 13, 2024

THIS NOTICE RELATES TO A PROPOSED SETTLEMENT AND DISMISSAL WITH PREJUDICE OF STOCKHOLDER DERIVATIVE LITIGATION AND CONTAINS IMPORTANT INFORMATION REGARDING YOUR RIGHTS.

Key Points: 
  • THIS NOTICE RELATES TO A PROPOSED SETTLEMENT AND DISMISSAL WITH PREJUDICE OF STOCKHOLDER DERIVATIVE LITIGATION AND CONTAINS IMPORTANT INFORMATION REGARDING YOUR RIGHTS.
  • IF THE COURT APPROVES THE SETTLEMENT OF THE DERIVATIVE MATTERS, CURRENT FARADAY STOCKHOLDERS WILL BE FOREVER BARRED FROM CONTESTING THE APPROVAL OF THE PROPOSED SETTLEMENT AND DISMISSAL WITH PREJUDICE, AND FROM PURSUING RELEASED CLAIMS.
  • YOU ARE HEREBY NOTIFIED that the following stockholder derivative actions (the “Derivative Actions”), are being settled on the terms set forth in a Stipulation and Agreement of Settlement dated July 19, 2024 (the “Stipulation”): (i) the above-captioned action, titled In re Faraday Future Intelligent Electric Inc.
  • This Summary Notice provides a condensed overview of certain provisions of the Stipulation and the full Notice of Pendency and Proposed Settlement of Stockholder Derivative Actions (the “Notice”).

Gores Holdings IX Announces Receipt of Nasdaq Listing Delinquency Notification Letter

Retrieved on: 
Friday, September 13, 2024

Gores Holdings IX, Inc. (Nasdaq: GHIX) (the “Company”) today announced that it received a delinquency notification letter (the “Notice”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) on September 9, 2024 due to the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of the Company’s failure to file its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2024 (the “Q2 2024 Form 10-Q”).

Key Points: 
  • Gores Holdings IX, Inc. (Nasdaq: GHIX) (the “Company”) today announced that it received a delinquency notification letter (the “Notice”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) on September 9, 2024 due to the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of the Company’s failure to file its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2024 (the “Q2 2024 Form 10-Q”).
  • The Listing Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”).
  • The Notice has no immediate effect on the listing of the Company’s securities on Nasdaq.
  • However, if the Company fails to timely regain compliance with the rule, the Company’s securities will be subject to delisting from Nasdaq.

AVNW INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Aviat Networks, Inc. and Encourages Investors to Contact the Firm!

Retrieved on: 
Friday, September 13, 2024

Investors who purchased Aviat securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/AVNW .

Key Points: 
  • Investors who purchased Aviat securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/AVNW .
  • If you are aware of any facts relating to this investigation or purchased Aviat securities, you can assist this investigation by visiting the firm’s site: bgandg.com/AVNW .
  • You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

‘The data on extreme human ageing is rotten from the inside out’ – Ig Nobel winner Saul Justin Newman

Retrieved on: 
Friday, September 13, 2024

Not to be confused with the actual Nobel prizes, the Ig Nobels recognise scientific discoveries that “make people laugh, then think”.

Key Points: 
  • Not to be confused with the actual Nobel prizes, the Ig Nobels recognise scientific discoveries that “make people laugh, then think”.
  • We caught up with one of this year’s winners, Saul Justin Newman, a senior research fellow at the University College London Centre for Longitudinal Studies.

How did you find out about your award?


I picked up the phone after slogging through traffic and rain to a bloke from Cambridge in the UK. He told me about this prize and the first thing I thought of was the lady who collected snot off of whales and the levitating frog. I said, “absolutely I want to be in this club”.

What was the ceremony like?


The ceremony was wonderful. It’s a bit of fun in a big fancy hall. It’s like you take the most serious ceremony possible and make fun of every aspect of it.

But your work is actually incredibly serious?

  • In general, the claims about how long people are living mostly don’t stack up.
  • I’ve tracked down 80% of the people aged over 110 in the world (the other 20% are from countries you can’t meaningfully analyse).
  • The epitome of this is blue zones, which are regions where people supposedly reach age 100 at a remarkable rate.
  • They’re the subject of tons of scientific work, a popular Netflix documentary, tons of cookbooks about things like the Mediterranean diet, and so on.

What about other places?

  • Eurostat keeps track of life expectancy in Sardinia, the Italian blue zone, and Ikaria in Greece.
  • With the Greeks, by my estimates at least 72% of centenarians were dead, missing or essentially pension-fraud cases.

What do you think explains most of the faulty data?

  • In Okinawa, the best predictor of where the centenarians are is where the halls of records were bombed by the Americans during the war.
  • If the person dies, they stay on the books of some other national registry, which hasn’t confirmed their death.
  • The oldest man in the world, John Tinniswood, supposedly aged 112, is from a very rough part of Liverpool.
  • The easiest explanation is that someone has written down his age wrong at some point.

But most people don’t lose count of their age…


You would be amazed. Looking at the UK Biobank data, even people in mid-life routinely don’t remember how old they are, or how old they were when they had their children. There are similar stats from the US.

What does this all mean for human longevity?

  • The clear way out of this is to involve physicists to develop a measure of human age that doesn’t depend on documents.
  • We can then use that to build metrics that help us measure human ages.
  • Longevity data are used for projections of future lifespans, and those are used to set everyone’s pension rate.

What’s your best guess about true human longevity?

  • Rich people do lots of exercise, have low stress and eat well.
  • I just put out a preprint analysing the last 72 years of UN data on mortality.

Do you think the Ig Nobel will get your science taken more seriously?

Coke Florida Celebrates Hispanic Heritage Month, Providing Access to Educational, Technology Resources

Retrieved on: 
Friday, September 13, 2024

Coca-Cola Beverages Florida, LLC (Coke Florida) is launching its celebration of Hispanic Heritage Month with a calendar of events that will uplift the Hispanic communities in which they serve.

Key Points: 
  • Coca-Cola Beverages Florida, LLC (Coke Florida) is launching its celebration of Hispanic Heritage Month with a calendar of events that will uplift the Hispanic communities in which they serve.
  • Under the Education pillar, Coke Florida has a long-standing reputation of providing access to technology and other educational resources in traditionally underserved and economically disadvantages communities.
  • "Coke Florida is continuously seeking out ways to further support our local communities and build upon our dedication to education,” said Terrence Gee, Senior Vice President, Technology & Enterprise Transformation, Coke Florida.
  • Volunteers from the Coke Florida Technology Team will be onsite to offer students a Minecraft Coding Skills training session in Riviera Beach.

Daily News 13 / 09 / 2024

Retrieved on: 
Friday, September 13, 2024

Visit our cookies policy page or click the link in any footer for more information and to change your preferences.

Key Points: 
  • Visit our cookies policy page or click the link in any footer for more information and to change your preferences.
  • Similarly, advance payments for area and animal-based interventions under rural development can be increased by up to 85%, instead of the usual 75%.
  • The Commission took swift action to provide this much-needed support to EU farmers while also ensuring legal certainty for Member States.
  • More information is available on the Commission's competition website, in the public case register under the case number M.11646.

Progressive Reports August 2024 Results

Retrieved on: 
Friday, September 13, 2024

In October 2023, we converted our monthly accounting closing calendar to align with the Gregorian calendar.

Key Points: 
  • In October 2023, we converted our monthly accounting closing calendar to align with the Gregorian calendar.
  • We do not expect that this change will have a material impact on our reported quarterly and annual underwriting results but it may impact our year-over-year comparisons on monthly results from October 2023 through September 2024.
  • Therefore, during this time period, we have modified and limited the content of the earnings release, compared to our historical reporting.
  • Click here for further discussion on the closing calendar conversion in the October 2023 release, issued November 17, 2023.