DM

Better Therapeutics Receives FDA Authorization for AspyreRx™ to Treat Adults with Type 2 Diabetes

Retrieved on: 
Monday, July 10, 2023
Software, Research, General Health, Pharmaceutical, Technology, Infectious Diseases, Health Technology, Clinical Trials, Science, Biotechnology, FDA, Health, Diabetes, Psychology, Cognitive behavioral therapy, FRCP, De novo, DM, Overalls, FRCPE, Type 2 diabetes, PDT, Medicine, Better, Diabetes Technology Society, Food and Drug Administration Amendments Act of 2007, Digital health, HIV disease progression rates, Patient, Physician, Randomized controlled trial, Therapy, T2D, Food, Safety, Disease, Pharmaceutical industry, Diabetes Care

AspyreRx was reviewed through the FDA’s De Novo pathway and its authorization creates a new class of diabetes digital behavioral therapeutic devices.

Key Points: 
  • AspyreRx was reviewed through the FDA’s De Novo pathway and its authorization creates a new class of diabetes digital behavioral therapeutic devices.
  • “This De Novo authorization also provides a foundation for potential future growth opportunities.
  • AspyreRx is designed to address these barriers, leveraging technology to deliver an evidence-based therapeutic intervention to patients.
  • Investors and the general public may access a live webcast of the call by visiting https://edge.media-server.com/mmc/p/adggoags

Nano Dimension Increases Special Tender Offer Price for Stratasys Shares to $24.00 per Share in Cash

Retrieved on: 
Monday, July 10, 2023
Orbotech, Tax, Head, NANO, Certified Public Accountant, Schedule, CALL, ITS, TIME, NYSE, Annual general meeting, Database, DM, Stock dilution, Expiration, VWAP, SPECIAL, Security (finance), KPMG, VC, Detail, Desktop Metal, Nano, CFO, 3D Systems, 3D printing, Letter, LTD, Bank statement, Giza, Cryptocurrency, Management, Stratasys, Time in New York

Nano’s special tender offer is the most compelling offer for Stratasys shareholders and remains the only alternative available that provides certain, near-term cash value at a significant premium and provides the quickest path for Stratasys shareholders to realize value.

Key Points: 
  • Nano’s special tender offer is the most compelling offer for Stratasys shareholders and remains the only alternative available that provides certain, near-term cash value at a significant premium and provides the quickest path for Stratasys shareholders to realize value.
  • The successful completion of the special tender offer would increase Nano Dimension’s beneficial ownership of Stratasys to between 46% and 51% of the outstanding ordinary shares, inclusive of the approximately 14.1% of Stratasys’ outstanding ordinary shares that Nano Dimension currently owns.
  • Nano Dimension will amend its tender offer statement on Schedule TO, and the related exhibits, filed with the Securities and Exchange Commission (the “SEC”) and will disseminate a supplement to the offer to purchase to Stratasys shareholders reflecting the increased offer price.
  • LEARN MORE ABOUT NANO DIMENSION, ITS STRATEGY AND VISION, INCULDING ITS SPECIAL TENDER OFFER FOR STRATASYS AT WWW.STRATASYSVALUENOW.COM
    FOR INFORMATION ON HOW TO TENDER STRATASYS SHARES, CALL GEORGESON, THE INFORMATION AGENT FOR THE SPECIAL TENDER OFFER, TOLL-FREE AT
    This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any ordinary shares of Stratasys or any other securities, nor is it a substitute for the tender offer materials described herein.

Hot Topic Announces Xochitl Gomez as the Face of New Back-To-School Campaign

Retrieved on: 
Thursday, July 6, 2023
TV and Radio, Online Retail, Department Stores, Online, General Entertainment, Entertainment, Celebrity, Fashion, Retail, Consumer, Teens, Music, DM, Xóchitl, Multiverse, Multimedia, Marketing, Hot Topic, Madness, Love, Nightclub, Fashion design

Hot Topic, the leading destination for music, entertainment, and pop culture merchandise, is excited to announce actress Xochitl Gomez as the face of its new “Take Note” Back-To-School 2023 campaign.

Key Points: 
  • Hot Topic, the leading destination for music, entertainment, and pop culture merchandise, is excited to announce actress Xochitl Gomez as the face of its new “Take Note” Back-To-School 2023 campaign.
  • In fact, Gomez styled her own back-to-school looks for the campaign as an attestation to her eclectic tastes.
  • View the full release here: https://www.businesswire.com/news/home/20230706960595/en/
    Actress Xochitl Gomez for Hot Topic's 'Take Note' Back-To-School 2023 Campaign (Photo: Business Wire)
    “Back-To-School season gives everyone a fresh start to define their personal style,” said Xochitl Gomez.
  • Additionally, from July 10 – July 31, fans will have the chance to enter to win a trip to Los Angeles for a meet and greet and a $1,000 Hot Topic shopping spree with Xochitl Gomez.

Standard Chartered: "Prioritising High-Quality Bonds, Cautious Equities in H2 2023"

Retrieved on: 
Tuesday, July 4, 2023
Fed, DM, Standard Chartered, Standard, IG, Gold, Risk, Commerce, Developed market, Overweight, Growth, Wealth, Bank, Airline

The report advises investors to seize income opportunities by increasing their allocation to High Quality Bonds, while adopting a cautious stance towards equities.

Key Points: 
  • The report advises investors to seize income opportunities by increasing their allocation to High Quality Bonds, while adopting a cautious stance towards equities.
  • According to the report, high-quality bonds present a clearer risk/reward profile compared to other assets, boasting attractive yields.
  • In terms of regional positioning, the report favours an overweight stance on Asia, including Japan, for equities and Asia USD bonds.
  • The report acknowledges the moderation in valuations of Indian equities, suggesting improved value for investors seeking to capitalize on the market's outlook.

Standard Chartered: "Prioritising High-Quality Bonds, Cautious Equities in H2 2023"

Retrieved on: 
Tuesday, July 4, 2023
Fed, DM, Standard Chartered, Multimedia, Standard, IG, Gold, Risk, Commerce, Developed market, Overweight, Growth, Wealth, Bank, Airline, Online shopping

The report advises investors to seize income opportunities by increasing their allocation to High Quality Bonds, while adopting a cautious stance towards equities.

Key Points: 
  • The report advises investors to seize income opportunities by increasing their allocation to High Quality Bonds, while adopting a cautious stance towards equities.
  • According to the report, high-quality bonds present a clearer risk/reward profile compared to other assets, boasting attractive yields.
  • In terms of regional positioning, the report favours an overweight stance on Asia, including Japan, for equities and Asia USD bonds.
  • The report acknowledges the moderation in valuations of Indian equities, suggesting improved value for investors seeking to capitalize on the market's outlook.

Stratasys Board of Directors Unanimously Determines Revised Proposal from 3D Systems Does Not Constitute a Superior Proposal to Its Agreement with Desktop Metal

Retrieved on: 
Friday, June 30, 2023
Automotive Manufacturing, Technology, Aerospace, Manufacturing, Other Technology, Other Manufacturing, Hardware, Desktop Metal, Wachtell, Lipton, Rosen & Katz, DM, 3D Systems, NYSE, 3D printing, Stratasys

Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today announced that its Board of Directors, after careful review and consultation with its independent financial and legal advisors, has unanimously determined that the June 27, 2023 revised unsolicited non-binding proposal from 3D Systems Corporation (NYSE: DDD) (“3D Systems”) to acquire Stratasys, representing an approximate 3% increase in total value, adding 1% to the total ownership for Stratasys shareholders, is opportunistic, continues to materially undervalue Stratasys, does not constitute a “Superior Proposal” and does not provide a basis upon which to enter into discussions with 3D Systems, pursuant to the terms of the merger agreement with Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”).

Key Points: 
  • Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today announced that its Board of Directors, after careful review and consultation with its independent financial and legal advisors, has unanimously determined that the June 27, 2023 revised unsolicited non-binding proposal from 3D Systems Corporation (NYSE: DDD) (“3D Systems”) to acquire Stratasys, representing an approximate 3% increase in total value, adding 1% to the total ownership for Stratasys shareholders, is opportunistic, continues to materially undervalue Stratasys, does not constitute a “Superior Proposal” and does not provide a basis upon which to enter into discussions with 3D Systems, pursuant to the terms of the merger agreement with Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”).
  • On May 25, 2023, Stratasys entered into a merger agreement with Desktop Metal, pursuant to which Desktop Metal agreed to combine with Stratasys in an all-stock transaction.
  • The Stratasys Board has not changed its unanimous approval, recommendation and declaration of advisability of the previously announced transaction with Desktop Metal.
  • J.P. Morgan is acting as exclusive financial advisor to Stratasys, and Meitar Law Offices and Wachtell, Lipton, Rosen & Katz are serving as legal counsel.

The Donerail Group Delivers Letter to the Stratasys Board of Directors

Retrieved on: 
Thursday, June 29, 2023
Communication, Metal, DM, 3D, Desktop Metal, Language, Sale, Acquisition, 3D Systems, Letter, Management, Cryptocurrency, 3D printing, Stratasys, Bloomberg

LOS ANGELES, June 29, 2023 (GLOBE NEWSWIRE) -- The Donerail Group LP (together with its affiliates, “Donerail”), a large shareholder of Stratasys Ltd. (the “Company” or “Stratasys”) (NASDAQ: SSYS), with a beneficial ownership interest of approximately 2.3% of the Company’s outstanding shares, today released the following letter to Stratasys’ Board of Directors (the “Board”).

Key Points: 
  • To the Board of Directors,
    As you are aware, The Donerail Group LP (together with its affiliates, “Donerail”, or “we”) is a large shareholder of Stratasys Ltd. (the “Company”, “Stratasys”, or “SSYS”) with a beneficial ownership interest of approximately 2.3% of the Company's outstanding shares.
  • We also believe that the Board would receive additional acquisition interest if it would indicate a willingness to seriously entertain it.
  • We hope that no further action beyond this letter will be needed and fully expect the Board to be properly advised on how to proceed.
  • 1 Stock price movement after-hours May 24, 2023 per Bloomberg article: “Stratasys Said to Be in Talks for 3D Printer Desktop Metal”.

Stratasys to Review Revised Unsolicited Partial Tender Offer from Nano Dimension

Retrieved on: 
Tuesday, June 27, 2023
Automotive Manufacturing, Aerospace, Technology, Manufacturing, Professional Services, Software, Engineering, Hardware, Finance, Electronic Design Automation, Chemicals, Plastics, Desktop Metal, Wachtell, Lipton, Rosen & Katz, DM, NYSE, Cryptocurrency, Stratasys

Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today confirmed that Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano”) has increased the offer price of its unsolicited partial tender offer to acquire Stratasys ordinary shares not already owned by Nano from $18.00 to $20.05 per share in cash (the “Revised Offer”).

Key Points: 
  • Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today confirmed that Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano”) has increased the offer price of its unsolicited partial tender offer to acquire Stratasys ordinary shares not already owned by Nano from $18.00 to $20.05 per share in cash (the “Revised Offer”).
  • As previously announced on May 30, 2023, the Stratasys Board unanimously rejected Nano’s previous unsolicited partial tender offer to acquire between 38.8% and 40.8% ownership of Stratasys’ outstanding ordinary shares not already owned by Nano for $18.00 per share in cash.
  • The Stratasys Board carefully reviewed and evaluated the partial tender offer, and concluded that it substantially undervalued the Company and was not in the best interests of Stratasys shareholders.
  • Stratasys shareholders are advised to take no action at this time pending the Stratasys Board’s review and evaluation of the Revised Offer.

Stratasys Confirms Receipt of Revised Unsolicited Proposal from 3D Systems

Retrieved on: 
Tuesday, June 27, 2023
Software, Professional Services, Hardware, Electronic Design Automation, Technology, Other Manufacturing, Engineering, Chemicals, Plastics, Automotive Manufacturing, Finance, Aerospace, Manufacturing, Desktop Metal, Wachtell, Lipton, Rosen & Katz, DM, 3D Systems, NYSE, 3D printing, Stratasys

Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today confirmed that it has received a revised unsolicited non-binding indicative proposal from 3D Systems Corporation (NYSE: DDD) (“3D Systems”) to acquire Stratasys for $7.50 in cash and 1.3223 newly issued shares of 3D Systems common stock per ordinary share of Stratasys.

Key Points: 
  • Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today confirmed that it has received a revised unsolicited non-binding indicative proposal from 3D Systems Corporation (NYSE: DDD) (“3D Systems”) to acquire Stratasys for $7.50 in cash and 1.3223 newly issued shares of 3D Systems common stock per ordinary share of Stratasys.
  • The Stratasys Board of Directors will carefully review the revised 3D Systems proposal in consultation with its independent financial and legal advisors and in accordance with its duties under applicable law, and its obligations under Stratasys’ merger agreement with Desktop Metal.
  • The Stratasys Board has not changed its unanimous approval, recommendation and declaration of advisability of the previously announced transaction with Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”).
  • Stratasys shareholders do not need to take any action at this time with respect to the 3D Systems revised proposal.

HALF MAGIC Closes Investment Round Led by ACG

Retrieved on: 
Tuesday, June 27, 2023
Professional Services, Online Retail, Cosmetics, Retail, Consumer, Women, Finance, Beauty, Magic, Life, Vogue, Drama, Donnie Davies, DM, Euphoria, Steinberg, Lip, Access Industries, System, Imagination, ACG, MAGIC, A24

HALF MAGIC , a vegan, cruelty-free, and transformative makeup brand from the imagination of Donni Davy, the renowned head makeup artist from HBO’s Euphoria, announces today the closing of its investment round led by premier consumer investor Alliance Consumer Growth (“ACG”), with significant participation from A24 , Imaginary Ventures , and Access Entertainment .

Key Points: 
  • HALF MAGIC , a vegan, cruelty-free, and transformative makeup brand from the imagination of Donni Davy, the renowned head makeup artist from HBO’s Euphoria, announces today the closing of its investment round led by premier consumer investor Alliance Consumer Growth (“ACG”), with significant participation from A24 , Imaginary Ventures , and Access Entertainment .
  • Through its innovative approach, HALF MAGIC brings forth a mesmerizing fusion of beauty and entertainment through the empowering influence of makeup.
  • With #euphoriamakeup sitting at 2.5 billion views on TikTok, Davy launched HALF MAGIC in 2022 in response to the enormous impact #euphoriamakeup had on pop culture.
  • “Half Magic is the answer to countless DMs asking me how to layer glitter and color,” says Davy.