Avenue

Valcre, Commercial Real Estate’s Premier Appraisal Software, Raises $12.7 Million in Series A Funding Round

Retrieved on: 
Tuesday, November 15, 2022

Valcre , the commercial real estate industrys premier appraisal platform, today announced a $12.7 million Series A funding round led by Avenue Growth Partners with participation from Second Century Ventures.

Key Points: 
  • Valcre , the commercial real estate industrys premier appraisal platform, today announced a $12.7 million Series A funding round led by Avenue Growth Partners with participation from Second Century Ventures.
  • In the past 12 months, Valcres products have been used to facilitate more than 50,000 commercial real estate appraisals.
  • We are proud to support Lucas and Kriss vision to empower commercial real estate appraisal professionals globally.
  • Valcre is the premier appraisal software for the commercial real estate industry.

Kansas Started 198 Transportation Projects in Year-One of Infrastructure Law, New Report Shows

Retrieved on: 
Friday, November 18, 2022

WASHINGTON, Nov. 18, 2022 /PRNewswire/ -- Kansas leveraged $458.7 million in federal highway and bridge formula funds in FY 2022 to help jumpstart 198 new improvement projects in communities across the state during the first year of the Infrastructure Investment and Jobs Act (IIJA), a review of U.S. Treasury Department data through September 30 shows.  

Key Points: 
  • "A key takeaway from the Treasury data is that the bipartisan infrastructure law is working in year-one as intended, with state transportation departments disbursing funds and projects breaking ground," said American Road & Transportation Builders Association (ARTBA) Chief Economist Dr. Alison Premo Black, who prepared the report.
  • "The beneficiaries of these long-term investments will be the American traveling public in their communities."
  • K-14 Will Be Carried over Avenue X and the K&O Railroad- $40.5 million
    To access national and state project data, visit: artbahighwaydashboard.org .
  • Established in 1902, the Washington, D.C.-based ARTBA advocates for infrastructure investment and policy that meet the nation's need for safe and efficient travel.

Four Seasons and Bayside Developments Announce the Launch of Four Seasons Private Residences Bahrain Bay

Retrieved on: 
Wednesday, November 16, 2022

TORONTO, Nov. 16, 2022 /PRNewswire/ -- Leading luxury hospitality company Four Seasons and Bahrain-based real estate development firm Bayside Developments announce plans for what will soon be the address of choice for discerning homeowners in the city with Four Seasons Private Residences Bahrain Bay.

Key Points: 
  • "Following the complete sell-out of our Private Residences in Dubai and our extensive residential expansion in Egypt, I am confident that the upcoming Four Seasons Private Residences Bahrain Bay will give homeowners another opportunity to embrace this destination through its vibrant culture, history and lifestyle."
  • "In partnering with Four Seasons, we look forward to introducing an unparalleled luxury lifestyle offering to residents of Bahrain Bay," says Yusuf Haji, Sales Director, Bayside Developments.
  • Four Seasons Private Residences Bahrain Bay will complement the award-winning Four Seasons Hotel Bahrain Bay and a growing collection of Four Seasons branded private residences in the region.
  • At the heart of the Gulf, Four Seasons Private Residences Bahrain Bay offers a calm island vibe among its neighbours, uniquely combining Four Seasons dedicated service with Bahraini hospitality.

ZeroFlucs Adds Former Don Best Sports Managing Director Benjie Cherniak as Strategic Advisor

Retrieved on: 
Friday, November 11, 2022

BRISBANE, Australia, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Australian-based sports wagering start-up ZeroFlucs announced Friday that Benjie Cherniak, principal at Avenue H Capital and former managing director of Don Best has joined the organisation as a strategic advisor.

Key Points: 
  • BRISBANE, Australia, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Australian-based sports wagering start-up ZeroFlucs announced Friday that Benjie Cherniak, principal at Avenue H Capital and former managing director of Don Best has joined the organisation as a strategic advisor.
  • Having achieved significant market penetration in Australia, the year old upstart is now targeting international operators, with the emerging North American market front and center.
  • With 15+ years of industry experience in both the US and international markets, Cherniak will play a pivotal role in ZeroFlucs growth trajectory.
  • ZeroFlucs founder and Australian wagering industry veteran, Steve Gray commented:
    "Working with Benjie has been absolutely pivotal for us: helping us refine our product positioning and messaging, as well as providing contacts and market insight.

Avenue Therapeutics Reports Third Quarter 2022 Financial Results and Recent Corporate Highlights

Retrieved on: 
Thursday, November 10, 2022

NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Avenue Therapeutics, Inc. (Nasdaq: ATXI) (Avenue or the Company), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of central nervous system diseases (CNS), today reported financial results and recent corporate highlights for the third quarter ended September 30, 2022.

Key Points: 
  • NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Avenue Therapeutics, Inc. (Nasdaq: ATXI) (Avenue or the Company), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of central nervous system diseases (CNS), today reported financial results and recent corporate highlights for the third quarter ended September 30, 2022.
  • I am pleased that Avenue has achieved important financial milestones providing a path to continue developing drugs for central nervous system disorders.
  • Also in September 2022, Avenue effected a 1-for-15 reverse stock split and, in October 2022, closed a $12 million underwritten public offering, to bring the Company in compliance with Nasdaq listing requirements.
  • In November 2022, Avenue completed the acquisition of Baergic Bio, Inc. (Baergic) through a Share Contribution Agreement with Fortress Biotech, Inc. (Fortress), an affiliate of Avenue.

Avenue Therapeutics Completes the Acquisition of Baergic Bio and its Selective GABA-A α2/3 Receptor Positive Allosteric Modulator for the Treatment of Central Nervous System Disorders

Retrieved on: 
Tuesday, November 8, 2022

Its pipeline currently includes a single compound, BAER-101, an oral small molecule selective GABA-A 2/3 receptor positive allosteric modulator, which was in-licensed from AstraZeneca Plc.

Key Points: 
  • Its pipeline currently includes a single compound, BAER-101, an oral small molecule selective GABA-A 2/3 receptor positive allosteric modulator, which was in-licensed from AstraZeneca Plc.
  • These compounds are being developed for a host of therapeutic indications including epilepsy, anxiety, pain, depression and other related conditions.
  • By selectively targeting the 2/3 subunits of the GABA-A receptor, BAER-101 may spare the adverse effects associated with benzodiazepine use.
  • Avenue Therapeutics, Inc. (Nasdaq: ATXI) is a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of central nervous system diseases.

Online Grocery Market in India 2022-2027: Increasing Rural Internet Penetration Fueling Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 8, 2022

The "Online Grocery Market in India 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Online Grocery Market in India 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • Following COVID-19 lockdowns in 2020, the online grocery sector has seen substantial growth as social distance standards and most Indian households have been pushed to use this method of grocery buying.
  • The online grocery market has created a separate market segment of quick commerce to deliver groceries in a short span.
  • The inclination for online payments, extensive smartphone use, and high internet penetration are the growth factors of online grocery market.

NEARLY 70% OF ATLANTA JOB SEEKERS PASSED ON APPLYING TO THEIR DREAM JOB, ACCORDING TO NEW SURVEY

Retrieved on: 
Wednesday, November 9, 2022

ATLANTA, Nov. 9, 2022 /PRNewswire/ -- Atlanta-based Insight Global, a leading national staffing company dedicated to empowering people through opportunity, announced today the official launch of the Be The Light tour via its first-ever mobile career center. With a new local survey revealing that nearly 70% of Atlanta job seekers don't apply to their dream job, the tour seeks to illuminate meaningful career opportunities for those who need and want it most.

Key Points: 
  • With a new local survey revealing that nearly 70% of Atlanta job seekers don't apply to their dream job, the tour seeks to illuminate meaningful career opportunities for those who need and want it most.
  • That's why we're hosting this tour - to empower and equip job seekers with the confidence and skills they need to create a brighter future."
  • Insight Global commissioned Atomik Research to conduct an online survey of 1,006 adults throughout the Atlanta area.
  • Survey participants consist of full-time employees, part-time employees, retired workers, self-employed workers, students, and unemployed individuals who are in search of a new job.

GIG, Mabanee, The Avenues, Aqua Gulf, Q8 are among the winners of the 2022-2023 Brand of the Year Awards

Retrieved on: 
Monday, November 7, 2022

The fifteenth edition of the World Branding Awards saw over 3,500 brands from more than 45 countries named as Brand of the Year.

Key Points: 
  • The fifteenth edition of the World Branding Awards saw over 3,500 brands from more than 45 countries named as Brand of the Year.
  • Lurpak, Club Med, Yakult, Spotify, CoCo, Ikea, Amazon, Netflix, Neutrogena, Lego, Cadbury, Johnnie Walker, Ferrari, and Hennessy were announced as Global Winners at the prestigious awards ceremony.
  • Winners from Kuwait include GIG, Mabanee, The Avenues, Aqua Gulf, Q8.
  • The World Branding Awards is the premier awards of the World Branding Forum, a registered non-profit organisation.

Kin Secures $145 Million in Debt Financing to Fuel Continued Growth

Retrieved on: 
Friday, October 28, 2022

The remaining funds will be available to Kin in two tranches as the company reaches certain agreed-upon milestones.

Key Points: 
  • The remaining funds will be available to Kin in two tranches as the company reaches certain agreed-upon milestones.
  • Armentum Partners was the financial advisor to Kin for the debt transaction.
  • Kin offers homeowners, landlord, condo, and mobile home insurance through the Kin Interinsurance Network (KIN), a reciprocal exchange owned by its customers who share in the underwriting profit.
  • The Avenue Venture Debt Fund seeks to provide creative financing solutions to high-growth, venture capital-backed technology and life science companies.