Failure | Jotup

ETFS Capital Releases Letter to Fellow WisdomTree Stockholders

Retrieved on:

Thursday, March 21, 2024

Bitcoin, Failure, Common stock, Letter, WisdomTree Investments, ETF, ALL, Sale, Hope, Disclosure, Decentralized finance, AUM, Management

NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- ETFS Capital Limited (“ETFS Capital”), the largest combined owner of common stock, $0.01 par value (the “Common Stock”), and Series A Non-Voting Convertible Preferred Stock (the “Series A Preferred Stock”) of WisdomTree, Inc. (“WisdomTree” or the “Company”) (NYSE: WT), with ownership of approximately 10.2% of the outstanding Common Stock, which together with its Series A Preferred Stock would represent approximately 18.3% of the Company’s outstanding Common Stock on an as-converted basis, today released a letter to its fellow WisdomTree shareholders, responding to a public letter from WisdomTree board of director’s (the “Board”) to ETFS Capital’s Chairman, Mr. Graham Tuckwell.

Key Points:

WisdomTree Prime is and always has been a complete folly in our opinion, and in crypto ETFs the Company continues to rank towards the bottom relative to peers.
Consequently, WisdomTree trades at a significant discount to its intrinsic value if it were a well-run pure-play ETF business.
In our February 20, 2024, letter to the Board, we acknowledged that individual members of the Board and stockholders (such as ETFS Capital) have divergent views about the best way forward to unlock value at WisdomTree.
Fellow stockholders, over the past three years, we have attempted to address operational and governance failures through proxy campaigns.

Mercury Systems and Lockheed Martin to Advance Defense Manufacturing Capabilities in Switzerland

Retrieved on:

Thursday, March 21, 2024

Failure, AS9100, GM, Partnership, International, Lockheed, MRCY, Mercury, Risk, Radio, Engineering, Lockheed Martin, Semiconductor, Annual report, Mercury Systems, Marketing, Silicon, F-35

GENEVA, March 21, 2024 (GLOBE NEWSWIRE) -- Mercury Mission Systems International SA ( www.mrcy.com ), a technology company that delivers mission-critical processing power to the edge, today announced that it will advance the manufacturing of defense technologies in Switzerland in collaboration with Lockheed Martin.

Key Points:

GENEVA, March 21, 2024 (GLOBE NEWSWIRE) -- Mercury Mission Systems International SA ( www.mrcy.com ), a technology company that delivers mission-critical processing power to the edge, today announced that it will advance the manufacturing of defense technologies in Switzerland in collaboration with Lockheed Martin.
Mercury expects to receive further expansion opportunities over time to bring the manufacture of additional capabilities to Switzerland.
“We are thrilled to work with Lockheed Martin to bring the manufacture of cutting-edge defense technologies to Switzerland,” said Paul Tanner, VP and GM of Mercury International.
“Lockheed Martin is proud to partner with Mercury as they expand the capability of their facility in Switzerland,” said Karl Sapienza, director of F-35 Customer Programs at Lockheed Martin.

Enact Releases 2023 Environmental, Social, and Governance (ESG) Report

Retrieved on:

Wednesday, March 20, 2024

ACT, Failure, Communication, ESG, Security (finance), Risk, Federal Housing Administration, U.N, TCFD, Annual report, Calendar, Freddie Mac, Fannie Mae, Task force

RALEIGH, N.C., March 20, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced the release of its 2023 Environmental, Social, and Governance (ESG) Report covering the calendar year 2023.

Key Points:

RALEIGH, N.C., March 20, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced the release of its 2023 Environmental, Social, and Governance (ESG) Report covering the calendar year 2023.
This report builds upon Enact’s inaugural ESG report published in 2023, for the calendar year 2022, by providing additional insight into Enact’s approach to ESG matters and highlighting progress across our ESG priorities, along with new insights that provide additional transparency into Enact’s ESG journey.
The new insights include additional disclosures relating to the Taskforce on Climate-related Financial Disclosures (TCFD) and the United Nations Sustainable Development Goals (U.N. SDGs) frameworks.
“On behalf of everyone at Enact, I am pleased to share the next installment in our efforts to build a more inclusive and sustainable future for our customers, employees, investors and communities,” said Rohit Gupta, President and CEO of Enact.

ONWARD® Medical Launches Capital Increase by Way of an Accelerated Bookbuild Offering and of a Public Offering in France for an Indicative Amount of EUR 15 Million, with an Up to EUR 5 Million Upsize Option

Retrieved on:

Wednesday, March 20, 2024

The Issue Price will be determined by the accelerated book-building initiated with institutional investors.

Key Points:

The Issue Price will be determined by the accelerated book-building initiated with institutional investors.
The Public Offering will not extent to retail investors located outside of France.
The New Shares will be issued from the Company’s authorized capital under exclusion of the existing shareholders’ pre-emptive rights.
It is the Company’s intention to raise gross proceeds of approximately €15.0 million from the Offerings, with an up to €5 million upsize option.

Other World Computing Launches SoftRAID 8 Setting a New Standard for Reliability, Speed and Data Safeguards

Retrieved on:

Wednesday, March 20, 2024

Failure, OS, Apple, RAID 4, Mac, APFS, RAID, NVM Express, MacOS, Windows 2.0x, PCI Express, Software, Windows Server, SMART, USB, HDD, Multimedia, USB4, OWC, Silicon, Computer data storage

SoftRAID 8 introduces two simplified tiers, Standard and Premium, that provide essential data access, integrity, and updates.

Key Points:

SoftRAID 8 introduces two simplified tiers, Standard and Premium, that provide essential data access, integrity, and updates.
SoftRAID Standard, a new free version, enables full access to RAID volumes, guaranteeing seamless full read/write data access.
Additionally, SoftRAID Standard provides access to the most recent updates and upgrades, offering a comprehensive toolkit for efficient RAID volume management across OS versions.
SoftRAID Premium offers a free 30-day trial, with access to all SoftRAID Premium features - disk checking, monitoring, and easy volume creation.

Sunrise Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Requirement

Retrieved on:

Wednesday, March 20, 2024

Failure, Letter, Face, EPOW, Calendar

ZIBO, China, March 19, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it has received a letter (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on March 14, 2024, notifying the Company that it no longer meets the minimum bid price requirement set forth in the Nasdaq Listing Rules.

Key Points:

ZIBO, China, March 19, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it has received a letter (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on March 14, 2024, notifying the Company that it no longer meets the minimum bid price requirement set forth in the Nasdaq Listing Rules.
Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days.
Based on the closing bid price of the Company's Class A ordinary shares for the 30 consecutive business days from January 30, 2024 to March 14, 2024, the Company no longer meets the minimum bid price requirement.
The Company intends to monitor the closing bid price of its Class A ordinary shares and may, if appropriate, consider implementing available options to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.

Entering this year’s fishing season, Oceana Canada Urges Canadian Government to Finally Address 30-Year Fisheries Crisis as Climate Change and Biodiversity Loss Accelerate

Retrieved on:

Wednesday, March 20, 2024

Knowledge, DFO, Failure, Health, Climate change, Pressure, Stagnation, Indigenous peoples, Science, Federation, Fisheries Act, Capelin, News, Food, Plastic, Population growth, Unit

The situation is becoming more urgent because of accelerating climate change and biodiversity loss.

Key Points:

The situation is becoming more urgent because of accelerating climate change and biodiversity loss.
Now, the Canadian government has an opportunity to demonstrate how to successfully re-open a previously collapsed fishery and provide benefits now and for generations to come.
The Minister of Fisheries and Oceans faces many fisheries management decisions in the coming months which could help set Canada’s fisheries on a path to recovery and abundance.
By restoring Canada’s oceans, we can strengthen our communities, reap greater economic and nutritional benefits, and protect our future.

Fairfax Announces Pricing of Senior Notes Offering

Retrieved on:

Tuesday, March 19, 2024

Failure, Risk management, Asbestos, EDGAR, Regulation, Sale, IAS 12, United, Insurance, TSX, Investment, Note, Annual report, Fairfax Financial, FFH, IAS, Government, Security (finance)

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has priced a private offering of US$1,000,000,000 of senior notes due 2054 (the “Notes”) at an issue price of 99.734%.

Key Points:

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has priced a private offering of US$1,000,000,000 of senior notes due 2054 (the “Notes”) at an issue price of 99.734%.
The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 6.350% per annum.
Fairfax also intends to enter into a registration rights agreement in connection with the offering.
Such forward-looking statements may include, among other things, the intended use of net proceeds from the offering of the Notes and the anticipated completion of the offering of the Notes.

Resilinc Assessed “Awardable” for Department of Defense Work in the CDAO’s Tradewinds Solutions Marketplace

Retrieved on:

Tuesday, March 19, 2024

Failure, Department of Defence, Government, Digital, Artificial intelligence, Electronics, AI, OEM, Fortune 500, Machine learning, Federal, Map, Online shopping

The Tradewinds Solutions Marketplace is the premier offering of Tradewinds, the Department of Defense’s (DoD’s) suite of tools and services designed to accelerate the procurement and adoption of Artificial Intelligence (AI)/Machine Learning (ML), data, and analytics capabilities.

Key Points:

The Tradewinds Solutions Marketplace is the premier offering of Tradewinds, the Department of Defense’s (DoD’s) suite of tools and services designed to accelerate the procurement and adoption of Artificial Intelligence (AI)/Machine Learning (ML), data, and analytics capabilities.
Resilinc’s solutions help global organizations put preventative supply chain risk management measures in place, like monitoring, mapping, and supplier risk scoring.
Resilinc was recognized among a competitive field of applicants to the Tradewinds Solutions Marketplace whose solutions demonstrated innovation, scalability, and potential impact on DoD missions.
Government customers interested in viewing the video solution can create a Tradewinds Solutions Marketplace account at tradewindAI.com.

INVESTIGATION ALERT: Edelson Lechtzin LLP Announces an Investigation into Avid Bioservices, Inc. (NASDAQ: CDMO) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

Retrieved on:

Monday, March 18, 2024

Failure, CDMO, Biotechnology, Acceleration, News, LLP, Bank statement, Note, Debt-to-GDP ratio, Security (finance)

If you have information that could assist in the Avid Bioservices Investigation or if you are an Avid Bioservices investor who suffered a loss and would like to learn more, you can provide your information HERE .

Key Points:

If you have information that could assist in the Avid Bioservices Investigation or if you are an Avid Bioservices investor who suffered a loss and would like to learn more, you can provide your information HERE .
THE COMPANY: Avid Bioservices is a contract development and manufacturing organization based in Tustin, California.
They provide process development and manufacturing services to the biotechnology and biopharmaceutical industries, including clinical and commercial drug substance manufacturing, bulk packaging, release and stability testing, and regulatory submission and support.
On this news, the price of Avid Bioservices stock fell over 28% in intraday trading on March 7, 2024.