Subsidiary

Global Green Logistics Market Poised for Remarkable 8.3% CAGR Growth Driven by Environmental Regulations and Sustainability Initiatives - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 4, 2023
Transport, Environment, Logistics, Supply Chain Management, Pollution, Deutsche Post DHL Group, Information technology, Commonwealth Bank, Carbon footprint, Commonwealth Bank of Australia v Barker, SAF, Ford, Subsidiary, DSV, Carbon, United Parcel Service, Movement, EVS, FedEx, XPO, Inc., Investment, Growth, CEVA Logistics, Green logistics, Legislation, Renewable energy, Warehouse, Pet industry

The global Green Logistics Market is set to experience significant growth, with a projected CAGR of 8.3% from 2023 to 2032.

Key Points: 
  • The global Green Logistics Market is set to experience significant growth, with a projected CAGR of 8.3% from 2023 to 2032.
  • Green logistics is a holistic approach aimed at minimizing the environmental impact associated with logistics operations.
  • The core goal of green logistics is to enhance operational efficiency while prioritizing sustainability, encompassing initiatives to reduce emissions, adopt eco-friendly operational processes, and mitigate environmental pollution.
  • North America leads the green logistics market, with a focus on sustainable practices driven by environmental regulations and awareness of carbon footprint reduction.

Automotive and Financial Sectors Embrace Green Logistics for Reduced Carbon Footprint and Enhanced Efficiency

Retrieved on: 
Friday, September 29, 2023
Pollution, Deutsche Post DHL Group, Information technology, Commonwealth Bank, Carbon footprint, Commonwealth Bank of Australia v Barker, SAF, Ford, Subsidiary, DSV, Carbon, United Parcel Service, Movement, EVS, FedEx, XPO, Inc., Investment, Growth, Transport, CEVA Logistics, Green logistics, Legislation, Renewable energy, Warehouse, Pet industry

Green logistics is a holistic approach aimed at minimizing the environmental impact associated with logistics operations.

Key Points: 
  • Green logistics is a holistic approach aimed at minimizing the environmental impact associated with logistics operations.
  • The core goal of green logistics is to enhance operational efficiency while prioritizing sustainability, encompassing initiatives to reduce emissions, adopt eco-friendly operational processes, and mitigate environmental pollution.
  • Financial institutions are integrating eco-friendly logistics practices, supported by governments and banks that provide loans to green logistics projects.
  • North America leads the green logistics market, with a focus on sustainable practices driven by environmental regulations and awareness of carbon footprint reduction.

GD Culture Group Limited Establishes Subsidiary in New York to Advance Operations and Business Growth

Retrieved on: 
Tuesday, June 6, 2023
Subsidiary, Secretary of State of Nevada, Catalysis, Holding company

NEW YORK, June 06, 2023 (GLOBE NEWSWIRE) -- GD Culture Group Limited (“GDC” or the “Company”), a holding company currently conducting business through Shanghai Highlight Media Co., Ltd. (“Highlight Media”), today announced that on May 18, 2023, it has established a wholly owned subsidiary named AI Catalysis Corp.(the “Subsidiary”) under the laws of the State of Nevada with its office in New York, New York to advance the operations and business growth of the Company.

Key Points: 
  • NEW YORK, June 06, 2023 (GLOBE NEWSWIRE) -- GD Culture Group Limited (“GDC” or the “Company”), a holding company currently conducting business through Shanghai Highlight Media Co., Ltd. (“Highlight Media”), today announced that on May 18, 2023, it has established a wholly owned subsidiary named AI Catalysis Corp.(the “Subsidiary”) under the laws of the State of Nevada with its office in New York, New York to advance the operations and business growth of the Company.
  • The Subsidiary is expected to provide the necessary infrastructure and talents for the Company to continue building momentum in the United States and international markets.

Partial Disposal of Shares of Common Stock Held by Nippon Telegraph and Telephone Corporation (Largest Shareholder), Acquisition of Shares of Common Stock by KDDI Corporation, Acquisition of Treasury Stock, etc.

Retrieved on: 
Thursday, May 18, 2023
Transfer, KDDI, Treasury, Purchasing, Subsidiary, IIJ, Share repurchase, Telecommunications, TSE, Treasury stock, Policy, Paragraph, Business, Article, NTT Communications, Mutatis Mutandis (album), Cabinet, Financial instrument, Rochester Telephone Corporation, Nippon Telegraph and Telephone, Tokyo Stock Exchange, Companies Act, Capital, Transaction, Business alliance, NTT, Financial Instruments and Exchange Act, Security (finance)

TOKYO, May 18, 2023 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (“IIJ”, the “Company”, TSE Prime: 3774) hereby announces that a series of capital transactions are scheduled to be implemented for a portion of IIJ’s shares of common stock held by Nippon Telegraph and Telephone Corporation (“NTT”), which is the largest shareholder of IIJ, in accordance with the NTT’s policy of disposing of the shares held by it. IIJ also hereby announces changes in Other Affiliated Company and Major Shareholders (each, as defined in the Financial Instruments and Exchange Act or relevant Cabinet Office Order) of IIJ as well as certain other matters.

Key Points: 
  • As of today, NTT has entered into the share purchase agreement with KDDI Corporation (“KDDI”) to transfer 18,707,000 shares (shareholding percentage (Note): 10.00%) out of the shares of IIJ’s common stock held by NTT to KDDI through off-market transaction (the “Share Transfer”).
  • The Share Transfer falls under a secondary offering of IIJ’s common stock.
  • NTT has informed IIJ that NTT intends to tender 3,928,500 shares (shareholding percentage (Note): 2.10%) out of the shares of IIJ’s common stock held by NTT in the Acquisition of Treasury Stock.
  • NTT has informed IIJ that NTT intends to continue holding such shares for the time being.

Shell USA, Inc. finalizes acquisition of Volta Inc., scaling up its U.S. public electric vehicle charging network

Retrieved on: 
Friday, March 31, 2023
Shell, Shell plc, Advertising, EV, Pharmacy, DC, Arrangement, USD, Acquisition, Subsidiary, Shell USA, Fireworks, Insurance

With this acquisition, Shell now owns and operates one of the largest public electric vehicle (EV) charging networks in the U.S.

Key Points: 
  • With this acquisition, Shell now owns and operates one of the largest public electric vehicle (EV) charging networks in the U.S.
  • Volta provides Shell with an existing public charging network of over 3,000 charge points at destination sites (shopping centers, grocery stores, pharmacies, etc.)
  • "We want to make charging as convenient as possible for our customers," said István Kapitány, Executive Vice President of Shell Mobility.
  • The acquisition enables Shell to scale its existing network and offerings to better participate in the long-term EV charging market opportunity within the U.S.

SciSparc completes the sale of a 49% interest in its Subsidiary that owns Wellution for $3 million

Retrieved on: 
Tuesday, March 28, 2023
Hair, Central nervous system, Brand, Sale, Subsidiary, TEL, Candy, Beauty, Amazon (company), ASIN, Jeff Brandes, Price adjustment, Security (finance), Amazon

TEL AVIV, Israel, March 28, 2023 (GLOBE NEWSWIRE) --  SciSparc Ltd. (Nasdaq: SPRC) (“Company” or “SciSparc”), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system, today announced the closing of the definitive agreements for the sale of approximately a 49% equity interest in its wholly owned subsidiary, SciSparc Nutraceuticals Inc. (the “Subsidiary”), which owns WellutionTM, a top-selling Amazon.com Marketplace brand, to Jeffs’ Brands Holdings Inc., a wholly-owned subsidiary of Jeffs' Brands Ltd. ("Jeffs' Brands")(Nasdaq: JFBR), a data-driven e-commerce company operating on Amazon, for $2.5 million in cash and additional deferred cash payments of approximately $489,330 accounting for price adjustments related to inventory and working capital, which will be paid in five equal monthly installments beginning in May 2023 (the “Price Adjustment”), pursuant to the stock purchase agreement dated February 23, 2023 by and between Jeffs’ Brands, Jeffs’ Brands Holdings Inc. and SciSparc. As collateral for the payment in full of the Price Adjustment, SciSparc will hold back such number of shares of common stock of its Subsidiary, equal to the outstanding due amount of the Price Adjustment.

Key Points: 
  • Upon the closing which occurred on March 22, 2023, the purchase price was adjusted from $2.5 million and increased to approximately $3 million.
  • As collateral for the payment in full of the Price Adjustment, SciSparc will hold back such number of shares of common stock of its Subsidiary, equal to the outstanding due amount of the Price Adjustment.
  • In addition, in connection with the closing, SciSparc and Jeffs’ Brands, will undertake a mutual share exchange in the amount of $288,238 of ordinary shares from each of SciSparc and Jeffs’ Brands.
  • The Chairman of the Company, Mr. Amitay Weiss, and Mr. Moshe Revach are members of the board of directors of both SciSparc and Jeffs' Brands.

Jeffs' Brands Completes the Acquisition of a 49% interest in a Company that Owns Wellution, a Top Seller Brand on Amazon, for $3 million

Retrieved on: 
Tuesday, March 28, 2023
Hair, Exchange, Subsidiary, Candy, Beauty, ASIN, Price adjustment, Security (finance), Amazon

Tel Aviv, Israel, March 28, 2023 (GLOBE NEWSWIRE) --  Jeffs' Brands Ltd (the “Company” or “Jeffs’ Brands”) (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon marketplace, today announced that it completed the purchase (the “Closing”) of approximately 49% of the outstanding capital stock of SciSparc Nutraceuticals Inc. ( “SciSparc Nutraceuticals”), a wholly-owned subsidiary of SciSparc Ltd. (“SciSparc”) (Nasdaq: SPRC) that owns WellutionTM, a top-selling Amazon.com Marketplace food supplements and cosmetics brand (the “Brand”), for $2.5 million in cash, pursuant to a stock purchase agreement entered into between the Company, Jeffs’ Brands Holdings Inc, a wholly-owned Delaware subsidiary of Jeffs’ Brands (the “Subsidiary”) and SciSparc on February 23, 2023 (the “Wellution Agreement”). Additional deferred cash payments of approximately $489,330 for price adjustments related to inventory and working capital, will be paid in five equal monthly installments, beginning in May 2023 (the “Price Adjustment”) pursuant to an addendum to the Wellution Agreement entered into between the Company, the Subsidiary and SciSparc on March 22, 2023. As collateral for the payment in full of the Price Adjustment, SciSparc will hold back such number of shares of common stock of SciSparc Nutraceuticals, equal to the outstanding due amount of the Price Adjustment (the “Holdback Shares”). The stock interest of Jeffs’ Brands in SciSparc Nutraceuticals will be held by the Subsidiary.

Key Points: 
  • Upon the closing which occurred on March 22, 2023, the purchase price was adjusted from $2.5 million and increased to approximately $3 million.
  • The stock interest of Jeffs’ Brands in SciSparc Nutraceuticals will be held by the Subsidiary.
  • The consulting agreement is for an undefined period of time, and may be terminated by either party with 30-days’ advance notice.
  • In total, the Brand had approximately 40,000 product reviews to date, most of which are 4 and 5-star reviews.

Dynamic Technologies Obtains Amended and Restated Order for CCAA Protection and Approval of Sales and Investment Solicitation Process

Retrieved on: 
Friday, March 17, 2023
Transfer, TSX Venture Exchange, Subsidiary, CCAA, Stock, Sale, NEX, OTC, Court, Monitor, Letter, News, AR, Security (finance)

The AR Initial Order provides for a stay until May 26, 2023 (the “Extended Stay Period”) of creditor claims and proceedings of the Company and its subsidiaries, Dynamic Attractions Ltd., Dynamic Entertainment Group Ltd., Dynamic Structures Ltd. and Dynamic Attractions Inc. (“Subsidiaries”).

Key Points: 
  • The AR Initial Order provides for a stay until May 26, 2023 (the “Extended Stay Period”) of creditor claims and proceedings of the Company and its subsidiaries, Dynamic Attractions Ltd., Dynamic Entertainment Group Ltd., Dynamic Structures Ltd. and Dynamic Attractions Inc. (“Subsidiaries”).
  • The AR Initial Order also approved a sales and investment solicitation process (“SISP”), which is scheduled to commence immediately.
  • Any transaction that may ultimately be consummated by the Company and or its Subsidiaries will be subject to the approval of the Court in the CCAA proceedings.
  • MLT Aikins LLP is acting as legal counsel to the Company and its Subsidiaries in connection with the CCAA proceedings.

Dynamic Technologies Obtains CCAA Protection and Trading Suspension

Retrieved on: 
Thursday, March 9, 2023
TSX Venture Exchange, News, Administration, CCAA, Monitor, Interim, Export Development Canada, CAD, DTG, Subsidiary, Health Management Associates (Florida company), Bank statement, Canada, Sale, OTC, Security (finance), Court

The Initial Order provides for a 10-day stay (the “Initial Stay”) of creditor claims and proceedings in respect of the Company and its subsidiaries, Dynamic Attractions Ltd., Dynamic Entertainment Group Ltd., Dynamic Structures Ltd. and Dynamic Attractions Inc. (“Subsidiaries”).

Key Points: 
  • The Initial Order provides for a 10-day stay (the “Initial Stay”) of creditor claims and proceedings in respect of the Company and its subsidiaries, Dynamic Attractions Ltd., Dynamic Entertainment Group Ltd., Dynamic Structures Ltd. and Dynamic Attractions Inc. (“Subsidiaries”).
  • Following consultation with its legal and financial advisors, the Board of Directors determined that it was in the best interest of the Company and its Subsidiaries to obtain CCAA protection.
  • MLT Aikins LLP is acting as legal counsel to the Company and its Subsidiaries in connection with the CCAA proceedings.
  • Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

SILVERFISH SIGNS SHARE PURCHASE AGREEMENT WITH ONE BULLION LTD.

Retrieved on: 
Tuesday, September 12, 2023
Nickel, Subsidiary, PGE, IPCC Fourth Assessment Report, Mineral, Prospectus, National instrument, National Instrument 43-101, PGM, Bushveld, Republic, Property, Thought, CSE, Weather, City, Soil, Financial assistance (share purchase), News, Western world, MFC, Copper, Palladium, Uranium mining, Kalahari Desert, Acquisition, Sales

The project area is adjacent to Rio Tinto Exploration and is surrounded by good infrastructure.

Key Points: 
  • The project area is adjacent to Rio Tinto Exploration and is surrounded by good infrastructure.
  • The projects are located between the cities of Jwaneng and Werda, near the border with the Republic of South Africa.
  • One Bullion is completing the process of transferring the prospecting licenses comprising the Property into the Subsidiary, and it is anticipated that the closing of the Share Purchase Agreement will be completed by April 30, 2023.
  • Historical information contained in this news release derived from previous workers Assessment Reports has not been field verified.