Business architecture

Oportun Wins CEO Connection 2023 Economic Justice Award

Retrieved on: 
Monday, January 23, 2023
OPRT, Life, SAN, Business architecture, Culture, Community engagement, Gender representation on corporate boards of directors, Cryptocurrency, Management

SAN CARLOS, Calif., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq:OPRT), a mission-driven fintech and digital banking platform, today announced that it has been named a winner of the 2023 CEO Connection Economic Justice Award and recognized as an Economic Justice Champion. This award recognizes mid-market companies that are influencing change, innovation, and standards for excellence, while making equal opportunity in their companies and communities a way of life.

Key Points: 
  • SAN CARLOS, Calif., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq:OPRT), a mission-driven fintech and digital banking platform, today announced that it has been named a winner of the 2023 CEO Connection Economic Justice Award and recognized as an Economic Justice Champion.
  • This award recognizes mid-market companies that are influencing change, innovation, and standards for excellence, while making equal opportunity in their companies and communities a way of life.
  • Based on their scores, the companies were recognized for the following levels of achievement: Economic Justice Champions, Economic Justice Advocates, Economic Justice Engaged.
  • The 2023 Mid-Market Economic Justice Award winners set an amazing example for others,” said Kenneth Beck, CEO of CEO Connection, “and they do it because it is the RIGHT thing to do, not just because it makes good business sense.“
    Click here for more information on the 2023 CEO Economic Justice Awards.

Quality Gold, Inc. Announces Acquisition of HERCO Jewelry Company

Retrieved on: 
Thursday, January 19, 2023
Platinum, Retirement, Quality, Business architecture, Combination, Ana Itelman, Jewellery, Family, JD, Growth, Engineering, Acquisition, Pleasure, Tastemaker, Business, Retail

FAIRFIELD, Ohio, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Quality Gold, Inc. and certain of its affiliates and subsidiaries (“Quality Gold” or the “Company”), a leading vertically integrated specialty logistics and jewelry distributor that has entered into a business combination agreement (the “Business Combination Agreement”) with Tastemaker Acquisition Corp. (Nasdaq: TMKR) (“TMKR” or Tastemaker”), today announced it has signed a definitive agreement to acquire HERCO Jewelry Company (“HERCO”), a leading family-owned wholesale jewelry company specializing in higher-end 14K, 18K, and Platinum designs. The acquisition is expected to be completed by mid-February.

Key Points: 
  • Strategic acquisition of wholesale jewelry company, HERCO, which generated more than $25 million in revenues (unaudited) in its fiscal year 2022, complements Quality Gold’s product suite and expands its distribution network
    FAIRFIELD, Ohio, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Quality Gold, Inc .
  • and certain of its affiliates and subsidiaries (“Quality Gold” or the “Company”), a leading vertically integrated specialty logistics and jewelry distributor that has entered into a business combination agreement (the “Business Combination Agreement”) with Tastemaker Acquisition Corp. (Nasdaq: TMKR) (“TMKR” or Tastemaker”), today announced it has signed a definitive agreement to acquire HERCO Jewelry Company (“HERCO”), a leading family-owned wholesale jewelry company specializing in higher-end 14K, 18K, and Platinum designs.
  • "We are thrilled to welcome HERCO into the Quality Gold family,” said Quality Gold’s co-founder and Chief Executive Officer, Michael Langhammer.
  • “Both Quality Gold and HERCO have demonstrated a track record of success as family-owned businesses spanning several decades, and we believe HERCO represents an ideal acquisition given its strong product offerings and distribution capabilities.

Zapp Expands International Footprint With New Design and Technology Campus in Bangkok, Thailand

Retrieved on: 
Wednesday, January 18, 2023
Tripura Merger Agreement, Business architecture, Heart, Mergers and acquisitions, Engineering, Luther Forest Technology Campus, Bicester, Zapp

Zapp’s new Design and Technology Campus is based at the heart of Thailand’s automotive and technology ecosystem.

Key Points: 
  • Zapp’s new Design and Technology Campus is based at the heart of Thailand’s automotive and technology ecosystem.
  • The new campus is home to Zapp’s team of designers and engineers who are developing Zapp’s next generation of high-performance electric vehicles.
  • The Thai facility includes a design studio, prototyping and engineering workshops and office space.
  • “Our new Design and Technology Campus is a significant milestone in our strategy to deliver high-performance electric vehicles to customers around the world.

Energem Corp. Secures Standby Equity Purchase Agreement with Yorkville Advisors Global, LP

Retrieved on: 
Tuesday, January 17, 2023
Security (finance), EV, Graphite, Face, Business architecture, SEPA, Nelson Mullins Riley & Scarborough, Partnership, BHD, Growth, LLP, Exchange, Acquisition, YA

New York, New York, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Energem Corp. (“Energem”) (Nasdaq: ENCP, ENCPW), a special purpose acquisition company, today announced that it has entered into a definitive $200 million Standby Equity Purchase Agreement (“SEPA”) with YA II PN, Ltd., a Cayman Islands exempt limited partnership managed by Yorkville Advisors Global, LP (the “Investor”), and Graphjet Technology Sdn.

Key Points: 
  • New York, New York, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Energem Corp. (“Energem”) (Nasdaq: ENCP, ENCPW), a special purpose acquisition company, today announced that it has entered into a definitive $200 million Standby Equity Purchase Agreement (“SEPA”) with YA II PN, Ltd., a Cayman Islands exempt limited partnership managed by Yorkville Advisors Global, LP (the “Investor”), and Graphjet Technology Sdn.
  • As previously announced, Energem and Graphjet entered into a definitive share purchase agreement that will result in Graphjet becoming a wholly-owned subsidiary of Energem, and Energem to be renamed Graphjet Technology and is expected to be listed on the Nasdaq Global Market under the ticker symbol “GTI” (the “Business Combination”).
  • Mr. Swee Guan Hoo, CEO of Energem, commented, “We are pleased to announce this equity investment with Yorkville Advisor Global.
  • represented Energem on the SEPA and Nelson Mullins Riley & Scarborough LLP acted as legal counsel to Graphjet.

APRINOIA Therapeutics and ROSS Acquisition Corp II Announce Business Combination Agreement to Create Publicly Listed Company Focused on Neurodegenerative Diseases

Retrieved on: 
Wednesday, January 18, 2023
PET, PSP, ROSS, CNS, Therapy, Frontotemporal dementia, Acquisition, Alzheimer's disease, Neurodegeneration, Business, Pub, Combination, Parkinson's disease, Research, FTD, Physician, Alpha-synuclein, MSA, White & Case, Corticobasal degeneration, Multiple system atrophy, Business architecture, FDA, Cooley LLP, Tauopathy, NYSE, AD, Biogen, LLP, Webcast, Dementia, TDP43, Commerce, RMB, Patient, Central nervous system, Antibody, Movement disorders, Bristol Myers Squibb, Pharmaceutical industry, Security (finance), Medical imaging, Fine chemical, Financial adviser

PALM BEACH, Fla. and CAMBRIDGE, Mass., Jan. 18, 2023 /PRNewswire/ -- APRINOIA Therapeutics Inc. ("APRINOIA"), a clinical-stage biotechnology company focused on neurodegenerative diseases such as Alzheimer's Disease ("AD") and Progressive Supranuclear Palsy ("PSP"), and Ross Acquisition Corp II (NYSE: ROSS, ROSS.U, ROSS WS) ("ROSS"), a special purpose acquisition company founded by former Commerce Secretary Wilbur Ross, today announced that they have entered into a definitive agreement (the "Business Combination Agreement") for a business combination (the "Business Combination"). 

Key Points: 
  • APRINOIA and ROSS Acquisition Corp II: Business Combination Agreement Create Public Co., Neurodegenerative Target
    ROSS and APRINOIA are combining at an implied fully diluted transaction equity value of US$280 million for APRINOIA.
  • ROSS has entered into the Business Combination Agreement with APRINOIA, pursuant to which APRINOIA and ROSS will each become a wholly owned subsidiary of the combined company, APRINOIA Therapeutics Holdings Limited, a newly formed entity ("PubCo").
  • APRINOIA and Ross Acquisition Corp II will be hosting an investor call and slide presentation at 4:30 pm ET on Wednesday, January 18, 2023.
  • White & Case LLP acted as legal advisor to ROSS in connection with the proposed Business Combination.

Critical Metals Corp. Announces MoU between European Lithium Ltd and Obeikan Investment Group to Build and Operate Hydroxide Plant in Saudi Arabia

Retrieved on: 
Tuesday, January 17, 2023
Natural Resources, Manufacturing, Other Manufacturing, Mining, Minerals, Chemicals, Plastics, Lithium, Project, Australian Securities Exchange, Business architecture, Memorandum of understanding, ASX, Critical, Investment, BMW, Metal, JV, Wolfsberg, Business, European

European Lithium Ltd (ASX: EUR) (“European Lithium”), a mineral exploration company in a proposed business combination (the “Proposed Business Combination”) with Sizzle Acquisition Corp (Nasdaq: SZZL) (“Sizzle”) to form Critical Metals Corp. (“Critical Metals” or the “Company”), announced it has signed a non-binding Memorandum of Understanding (MoU) with Obeikan Investment Group (“Obeikan”) to build and operate a hydroxide plant in Saudi Arabia for the Wolfsberg Lithium Project in Austria (the “Project”).

Key Points: 
  • European Lithium Ltd (ASX: EUR) (“European Lithium”), a mineral exploration company in a proposed business combination (the “Proposed Business Combination”) with Sizzle Acquisition Corp (Nasdaq: SZZL) (“Sizzle”) to form Critical Metals Corp. (“Critical Metals” or the “Company”), announced it has signed a non-binding Memorandum of Understanding (MoU) with Obeikan Investment Group (“Obeikan”) to build and operate a hydroxide plant in Saudi Arabia for the Wolfsberg Lithium Project in Austria (the “Project”).
  • Critical Metals Executive Chairman Tony Sage commented: “This proposed JV with Obeikan will unlock key opportunities for Critical Metals.
  • Abdallah Obeikan, CEO of Obeikan Investment Group, commented: “We are pleased to announce this MoU, a great step ahead in further strengthening the Saudi Australian economic collaboration.
  • European Lithium will be the largest shareholder of Critical Metals and is expected to continue to trade on the Australian Securities Exchange.

LanzaTech Announces AMCI Acquisition Corp. II Shareholder Meeting For Approval Of Business Combination Scheduled For February 1, 2023

Retrieved on: 
Thursday, January 12, 2023
Other Manufacturing, Environment, Environmental Health, Manufacturing, Alternative Energy, Sustainability, Green Technology, Energy, Recycling, Form, Security (finance), Register, Date, Person, Business architecture, Special, Proxy, Proxy statement, Shareholder, CCT, Eastern Time Zone, Registration statement, Carbon, Partnership, Acceleration, Aviation biofuel, Prospectus

Dr. Jennifer Holmgren, Chief Executive Officer of LanzaTech, said “We are thrilled to reach this important milestone in our journey towards becoming a public company via our partnership with AMCI.

Key Points: 
  • Dr. Jennifer Holmgren, Chief Executive Officer of LanzaTech, said “We are thrilled to reach this important milestone in our journey towards becoming a public company via our partnership with AMCI.
  • AMCI urges its investors, stockholders and other interested persons to read the definitive proxy statement/prospectus, as well as other documents filed by AMCI with the SEC, because these documents contain important information about AMCI, LanzaTech and the Business Combination.
  • AMCI has mailed the definitive proxy statement/prospectus to its stockholders of record as of the Record Date for voting on the proposed Business Combination.
  • Stockholders, potential investors and other interested persons should read the definitive proxy statement/prospectus carefully before making any voting or investment decisions.

EMERALD PACKAGING SHIFTS AWAY FROM FOSSIL FUELS TO RENEWABLE ENERGY AND GREEN MANUFACTURING

Retrieved on: 
Thursday, January 12, 2023
Emerald, Recycling, UNION, UN, Grimmway Farms, MacArthur, Environment, Ellen MacArthur Foundation, Coal, Legislation, Water, PCR, Business architecture, Food packaging, Dole, Taylor Farms, Fresh Express, Plastic, Renewable energy

UNION CITY, Calif., Jan. 12, 2023 /PRNewswire/ -- As part of its unwavering commitment to green manufacturing, Emerald Packaging, Inc. the leading produce flexible packaging company in the U.S., has committed to powering their two manufacturing facilities with a solar energy system. The largest of the two facilities will go live with solar in the first half of 2023. The company will then follow with a similar system for their second facility in mid-2023. 

Key Points: 
  • UNION CITY, Calif., Jan. 12, 2023 /PRNewswire/ -- As part of its unwavering commitment to green manufacturing, Emerald Packaging, Inc. the leading produce flexible packaging company in the U.S., has committed to powering their two manufacturing facilities with a solar energy system.
  • Emerald Packaging is one of the few flexible packaging companies in the United States to become an Ellen MacArthur signatory.
  • Emerald Packaging has been reinventing packaging for 60 years and is the largest plastic produce packaging manufacturer in the U.S.
  • Emerald Packaging is committed to sustainability and developing next-generation packaging.

11th ANNUAL BUSINESS ARCHITECTURE INNOVATION SUMMIT™ AGENDA ANNOUNCED

Retrieved on: 
Wednesday, January 11, 2023
Southwest Airlines, Bank, CareSource, Health, PG, Salesforce, Architecture, Guild, FedEx, Transport, Summit, IKEA, SAN, South African Reserve Bank, Allianz Global Investors, Availability, HSBC, Insurance, PG&E, Business architecture, Risk management, Banque Misr, Bayer, Autodesk

SAN FRANCISCO, Jan. 11, 2023 /PRNewswire/ -- The Business Architecture Guild®, an international community of business architecture practitioners with members in over 100 countries, released the agenda for the 11th annual Business Architecture Innovation Summit™ to be held virtually and in-person in Reston, VA, USA, March 21–23, 2023.

Key Points: 
  • Agenda and registration now available for hybrid event on March 21 – March 23, 2023
    SAN FRANCISCO, Jan. 11, 2023 /PRNewswire/ -- The Business Architecture Guild®, an international community of business architecture practitioners with members in over 100 countries, released the agenda for the 11th annual Business Architecture Innovation Summit ™ to be held virtually and in-person in Reston, VA, USA, March 21–23, 2023.
  • Agenda and Registration Now Available for 11th Annual Business Architecture Innovation Summit on March 21-23, 2023
    The Business Architecture Innovation Summit™ is the premier event for business leaders seeking industry success stories and advancements.
  • William Ulrich, Guild President and Co-founder said, "This year's Summit agenda settles any doubt that business architecture has now reached every industry and corner of the globe.
  • The practice, as defined by the Business Architecture Guild®, has officially gone global and is being applied in an ever-widening set of strategy execution scenarios."

Newcourt Acquisition Corp Announces Amendment and Supplement to its Definitive Proxy Statement

Retrieved on: 
Friday, December 30, 2022
Trust, NCAC, Investment Company Act of 1940, Business architecture, Security (finance), Risk

Instead of amending and restating Section 1(c) of the Trust Agreement to provide that the funds be held entirely in cash, as described in the Definitive Proxy Statement, the Company has determined that no change be made to Section 1(c) of the Trust Agreement.

Key Points: 
  • Instead of amending and restating Section 1(c) of the Trust Agreement to provide that the funds be held entirely in cash, as described in the Definitive Proxy Statement, the Company has determined that no change be made to Section 1(c) of the Trust Agreement.
  • If the proposal to extend the time period the Company has to complete an initial business combination (the “Extension”) and the Trust Agreement Amendment are approved, the Company may have until July 22, 2023 (which is 21 months from the closing of the Company’s initial public offering) to consummate an initial business combination.
  • Accordingly, the Company has determined there is no need to amend Section 1(c) of the Trust Agreement at this time.
  • The Company will file an amendment and supplement to the Definitive Proxy Statement with the Securities and Exchange Commission (the “SEC”).