SPAC

SatixFy Technology Enables First 5G link through a LEO constellation

Retrieved on: 
Tuesday, July 5, 2022 - 8:10pm

SatixFy Communications Ltd. (SatixFy), a leader in next-generation satellite communication systems based on in-house developed chipsets, today announced its critical role in enabling the first ever demonstration of a high-speed, low-latency link with a LEO satellite constellation incorporating 5G ( video available here ).

Key Points: 
  • SatixFy Communications Ltd. (SatixFy), a leader in next-generation satellite communication systems based on in-house developed chipsets, today announced its critical role in enabling the first ever demonstration of a high-speed, low-latency link with a LEO satellite constellation incorporating 5G ( video available here ).
  • The terminal can also be integrated into 5G equipment to allow end-to-end access to a LEO constellation network via a 5G signal.
  • View the full release here: https://www.businesswire.com/news/home/20220705005768/en/
    On June 28, 2022, a demonstration at the ESA/ECSAT facilities in Harwell achieved the worlds first ever 5G backhaul communications connected to a LEO satellite constellation, using a compact electronic antenna powered by SatixFy to connect to a LEO satellite constellation operated by OneWeb.
  • The new super compact user terminal will undergo further testing to unlock its full capabilities with LEO and GEO links for mobility services.

Deezer, a leading global music streaming platform, debuts today its listing on the Euronext Paris Stock Exchange

Retrieved on: 
Tuesday, July 5, 2022 - 3:09pm

PARIS, July 5, 2022 /PRNewswire/ -- Deezer (ISIN: FR001400AYG6) – (Mnemonic: DEEZR), the second largest independent music streaming platform in the world1, present in over 180 countries, is today listing on the Professional Segment (Compartiment Professionnel) of the regulated market of Euronext Paris.

Key Points: 
  • As one of the earliest French unicorns and member of France's Next40 index, Deezer is a pioneer of innovation in the music streaming industry.
  • It has developed a scalable and differentiated global platform, supported by its state-of-the-art product and successful hybrid B2B/B2C business model.
  • Jeronimo Folgueira, Chief Executive Officer of Deezer declared: "Deezer's IPO on Euronext Paris is a milestone in the company's history.
  • 1 Based on latest reported number of subscribers published by MIDiA (as of June 2021); excludes non-independent players being part of larger conglomerates (Apple Music, Amazon Music, YouTube Music, Tencent Music and NetEase Music).

Deezer, a leading global music streaming platform, debuts today its listing on the Euronext Paris Stock Exchange

Retrieved on: 
Tuesday, July 5, 2022 - 3:05pm

PARIS, July 5, 2022 /PRNewswire/ -- Deezer (ISIN: FR001400AYG6) – (Mnemonic: DEEZR), the second largest independent music streaming platform in the world1, present in over 180 countries, is today listing on the Professional Segment (Compartiment Professionnel) of the regulated market of Euronext Paris.

Key Points: 
  • As one of the earliest French unicorns and member of France's Next40 index, Deezer is a pioneer of innovation in the music streaming industry.
  • It has developed a scalable and differentiated global platform, supported by its state-of-the-art product and successful hybrid B2B/B2C business model.
  • Jeronimo Folgueira, Chief Executive Officer of Deezer declared: "Deezer's IPO on Euronext Paris is a milestone in the company's history.
  • 1 Based on latest reported number of subscribers published by MIDiA (as of June 2021); excludes non-independent players being part of larger conglomerates (Apple Music, Amazon Music, YouTube Music, Tencent Music and NetEase Music).

HUB Security Prepares Shareholders meeting to approve delisting from the Tel Aviv Stock Exchange ahead of it NASDAQ Merger

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Tuesday, July 5, 2022 - 12:06pm

TEL AVIV, Israel, July 5, 2022 /PRNewswire/ -- HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), announced today it has submitted a formal request to the Israeli district court to allow the Company shareholders decide on 'same-day' delisting from the Tel-Aviv Stock Exchange (TASE) and start of trade on its expected trading on NASDAQ. As part of its anticipated SPAC merger, HUB's shareholders are expected to vote on delisting in parallel to the NASDAQ listing, rather than the mandatory 90-day dual trading period required by law.

Key Points: 
  • As part of its anticipated SPAC merger, HUB's shareholders are expected to vote on delisting in parallel to the NASDAQ listing, rather than the mandatory 90-day dual trading period required by law.
  • HUB Cyber Security (Israel) Limited ("HUB") was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces.
  • The company specializes in unique Cyber Security solutions protecting sensitive commercial and government information.
  • HUB operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity services worldwide.

ARQIT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Arqit Quantum, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, July 5, 2022 - 2:00am

Investors have until July 5, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until July 5, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Arqit is a cybersecurity company that purports to be developing quantum encryption technology to secure against cyber-attacks.
  • Following todays news, the price of Arqit stock dropped $2.57 per share, over 17%, to close at $12.49 per share.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Bragar Eagel & Squire, P.C. Is Investigating GoodRx, the WWE, Digital World, and Generac and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, July 5, 2022 - 2:00am

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • On May 9, 2022, after the market closed, GoodRx announced its first quarter 2022 financial results and withdrew its fiscal 2022 guidance.
  • As a result, GoodRx believe[s] it is unlikely [it] will be able to achieve the FY 2022 guidance previously provided.
  • On this news, GoodRxs stock fell $2.78, or 25.9%, to close at $7.97 on May 10, 2022, thereby injuring investors.

HUB Security names Hugo Goldman Chief Financial Officer

Retrieved on: 
Sunday, July 3, 2022 - 11:16am

TEL AVIV, Israel, July 3, 2022 /PRNewswire/ -- HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), announced today Hugo Goldman, CPA, will join the company as Company Chief Financial Officer (CFO).

Key Points: 
  • Eyal Moshe, CEO of HUB Security: "As we approach the NASDAQ listing, Hugo will be a valuable addition to our team.
  • TEL AVIV, Israel, July 3, 2022 /PRNewswire/ -- HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), announced today Hugo Goldman, CPA, will join the company as Company Chief Financial Officer (CFO).
  • Goldman has a proven track record of leading successful IPOs and M&As, which will be invaluable as HUB Security prepares for its upcoming SPAC merger on NASDAQ.
  • HUB Cyber Security (Israel) Limited ("HUB") was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces.

NYPPEX CEO Laurence Allen Expects Investors to Lock-In Record Unrealized Value in Private Equity Funds in 2nd Half 2022

Retrieved on: 
Friday, July 1, 2022 - 1:33pm

NEW YORK, July 1, 2022 /PRNewswire/ -- NYPPEX Holdings, one of the world's leading providers of secondary private equity liquidity and data, today announced its CEO,Laurence Allen expects investors to lock-in record unrealized value in private equity funds worldwide in the 2nd half of 2022, due to weak exit trends in the 1st half of 2022.

Key Points: 
  • NEW YORK, July 1, 2022 /PRNewswire/ -- NYPPEX Holdings, one of the world's leading providers of secondary private equity liquidity and data, today announced its CEO,Laurence Allen expects investors to lock-in record unrealized value in private equity funds worldwide in the 2nd half of 2022, due to weak exit trends in the 1st half of 2022.
  • "Unrealized value in private equity funds is at record levels exceeding $8.5 trillion worldwide,"stated Mr. Allen.
  • "A compelling portfolio rebalancing strategy at this time, is to lock-in unrealized value through sales in the secondary private markets.
  • Particularly, while bids are generally resilient due to record dry powder with secondary investors estimated by NYPPEX to be over $140 billion.

VerifyMe Announces SPAC Liquidation and Initiates New Share Repurchase Program

Retrieved on: 
Friday, July 1, 2022 - 1:30pm

VerifyMe, together with the co-sponsor of the SPAC, has made the decision not to extend the period for the SPAC to consummate a business combination and accordingly the SPAC is expected to dissolve and liquidate in accordance with its charter.

Key Points: 
  • VerifyMe, together with the co-sponsor of the SPAC, has made the decision not to extend the period for the SPAC to consummate a business combination and accordingly the SPAC is expected to dissolve and liquidate in accordance with its charter.
  • This new repurchase program replaces our existing share repurchase program that was due to expire in August 2022 and is now terminated.
  • The repurchase program does not obligate the Company to purchase any particular number of shares and may be suspended or discontinued at any time.
  • In addition, VerifyMe technologies give brand owners the ability to gather business intelligence while engaging directly with their consumers.

ICR, the Leading SPAC Communications and Advisory Firm, Publishes Q2 2022 SPAC Market Update

Retrieved on: 
Friday, July 1, 2022 - 12:30pm

ICR , a leading strategic communications and advisory firm, today released its Q2 2022 SPAC Market Update report .

Key Points: 
  • ICR , a leading strategic communications and advisory firm, today released its Q2 2022 SPAC Market Update report .
  • SPAC IPO issuance has continued its measured pace in Q2 of 2022 as SPAC market participants take a more cautious stance in a turbulent market.
  • Redemption rates have increased from 11% in Q1 2021 to 85% in Q1 2022, and improved slightly to 79% in Q2 2022.
  • To obtain a copy of ICRs Q2 2022 SPAC Market Update report, please click here .