SPAC | Jotup

Houston Natural Resource Corp's CEO Frank Kristan is Featured on "The Street Reports Podcast"

Retrieved on:

Wednesday, September 27, 2023

SPAC, Bay Street, HNRC, Fleet Street Reports, EPS, Street, Wall Street, OTC, Mining, Cryptocurrency, Lithium, Silver, Copper, Gold

HOUSTON, Sept. 27, 2023 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) CEO Frank Kristan was interviewed on "The Street Reports," discussing Energy Transition Acquisitions, Oil, Gas, Lithium, Copper, Gold, Silver, Dividends, EPS Increase, Uplisting, SPAC's and "New" Company Outlook Moving Forward:

Key Points:

HOUSTON, Sept. 27, 2023 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) CEO Frank Kristan was interviewed on "The Street Reports," discussing Energy Transition Acquisitions, Oil, Gas, Lithium, Copper, Gold, Silver, Dividends, EPS Increase, Uplisting, SPAC's and "New" Company Outlook Moving Forward:
The Street Reports discovering companies from "Wall Street 2 Bay Street" specializes in bringing relevant information on micro-cap, small-cap, and generally undervalued companies to the attention readers/listeners which may be potential investors.

SEC Charges Hydrogen Vehicle Co. Hyzon Motors and Two Former Executives for Misleading Investors

Retrieved on:

Tuesday, September 26, 2023

SPAC, FCEV, Hydrogen, Bank statement, Disclosure, Hyzon Motors, Knight, District court, Acquisition, Security (finance), Sarbanes–Oxley Act, Holthausen, Hyundai ix35 FCEV

The SEC also charged Craig M. Knight, Hyzon’s former CEO, and Max C.B.

Key Points:

The SEC also charged Craig M. Knight, Hyzon’s former CEO, and Max C.B.
According to the SEC’s complaint, Hyzon misrepresented the status of its business dealings with potential customers and suppliers to create the false appearance that significant sales transactions were imminent.
The complaint alleges that Hyzon also falsely stated that it had delivered its first FCEV in July 2021, even going as far as posting a misleading video of the vehicle purportedly running on hydrogen, when the vehicle was not equipped to operate on hydrogen power.
“The defendants allegedly violated this principle by misleading investors about virtually every aspect of Hyzon’s business.

Carbon Revolution Enters Into Structured Equity Facility For Up To US$110 Million With OIC

Retrieved on:

Monday, September 25, 2023

Carbon Revolution Limited (“Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that Carbon Revolution Public Company Limited, a public limited company incorporated in Ireland (“Carbon Revolution plc” or “MergeCo”) has entered into a Structured Equity Facility of up to US$110 million with two fund vehicles associated with Orion Infrastructure Capital (“OIC”), a leading infrastructure investment firm: OIC Structured Equity Fund I Range, LLC and OIC Structured Equity Fund I GPFA Range, LLC.

Key Points:

Carbon Revolution Limited (“Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that Carbon Revolution Public Company Limited, a public limited company incorporated in Ireland (“Carbon Revolution plc” or “MergeCo”) has entered into a Structured Equity Facility of up to US$110 million with two fund vehicles associated with Orion Infrastructure Capital (“OIC”), a leading infrastructure investment firm: OIC Structured Equity Fund I Range, LLC and OIC Structured Equity Fund I GPFA Range, LLC.
The completion of this transaction will result in Carbon Revolution plc becoming the parent of Carbon Revolution and its subsidiaries and listing on an exchange in the United States.
The appointments become effective upon completion of the proposed combination with appointees serving on the Board of Directors of Carbon Revolution plc.
“OIC is excited to finalize our capital partnership with Carbon Revolution, which will support the Company’s growth plans and infrastructure expansion,” said Chris Leary, Investment Partner and Head of Infra Equity at OIC.

Nano Dimension Re-affirms They Are Voting “AGAINST” Stratasys’ Value-Destructive Merger with Desktop Metal; Part of Growing Consensus Along with Large Shareholder, Donerail, and Proxy Advisor, ISS

Retrieved on:

Friday, September 22, 2023

SPAC, Price, Metal, Providence and Worcester Railroad, DM, Stock dilution, Desktop Metal, Acquisition, 3D printing, NYSE, Security (finance), Holding company, Life insurance, Stratasys

Waltham, Mass., Sept. 22, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, today announced that it re-affirms its opposition and intends to vote against Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys”) proposed merger with Desktop Metal Inc. (NYSE: DM) (“Desktop Metal”) and urges fellow Stratasys shareholders to join in casting votes against the transaction at the company’s Extraordinary General Meeting of Shareholders (the “Stratasys EGM”) to be held on September 28, 2023. Nano Dimension is Stratasys’ largest shareholder and owns approximately 14.1% of Stratasys’ outstanding ordinary shares. Nano Dimension’s position has only been further supported in the last week by comparable positions from The Donerail Group LP (“Donerail”), one of Stratasys’ largest shareholders, and Institutional Shareholders Services Inc. (“ISS”), the leading proxy advisory firms with expertise on such matters.

Key Points:

Nano Dimension is Stratasys’ largest shareholder and owns approximately 14.1% of Stratasys’ outstanding ordinary shares.
As of September 13, 2023, Desktop Metal has lost over $3.9 billion of value, representing almost 90% of its equity value, since becoming a public company in 2020.
Your vote is vital to preventing a value destructive merger between Stratasys and Desktop Metal.
Holders of Stratasys ordinary shares as of the close of business on August 24, 2023, are entitled to vote at the Stratasys EGM.

Chardan Engaged to Facilitate Nocturne Acquisition Corporation's Business Combination with Cognos Therapeutics, Inc., Paving the Way for NASDAQ Listing

Retrieved on:

Wednesday, September 20, 2023

SPAC, IPO, Central nervous system, LC, Therapy, MBTC, Leptomeningeal cancer, ISP, Special-purpose acquisition company, Traffic barrier, Brain, Business analyst, CNS, Cognos, Patient, Pharmaceutical industry, Nocturne

and INGLEWOOD, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Nocturne Acquisition Corporation (NASDAQ:MBTC, MBTCU, MBTCR) ("Nocturne") and Cognos Therapeutics, Inc. (“Cognos”) today announced the engagement of Chardan, a leading global investment bank, in the role of capital markets advisor to Nocturne in the highly anticipated business combination transaction (the “Business Combination”) with Cognos.

Key Points:

and INGLEWOOD, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Nocturne Acquisition Corporation (NASDAQ:MBTC, MBTCU, MBTCR) ("Nocturne") and Cognos Therapeutics, Inc. (“Cognos”) today announced the engagement of Chardan, a leading global investment bank, in the role of capital markets advisor to Nocturne in the highly anticipated business combination transaction (the “Business Combination”) with Cognos.
This strategic move marks Cognos's journey towards becoming a publicly traded company on the NASDAQ Stock Exchange.
Chardan's involvement with Nocturne began with its underwriting of Nocturne's successful $115 million Initial Public Offering, setting the stage for the Business Combination announcement with Cognos in January 2023.
Upon consummation of the Business Combination, Cognos should be well positioned to embark on its next-phase clinical trials and prepare regulatory submissions.

HLLY SHAREHOLDER UPDATE: Johnson Fistel Encourages Holley Inc. f/k/a Empower Ltd. Shareholders with Losses to Contact the Firm Regarding Investigation

Retrieved on:

Wednesday, September 20, 2023

SPAC, LLP, Special-purpose acquisition company, NYSE, SAN

The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.

Key Points:

The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.
If you purchased Holley securities and suffered significant losses on your investment, join our investigation now:
There is no cost or obligation to you.
The investigation pertains to whether executives at the company misrepresented or failed to timely disclose material and adverse information to investors.
Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program.

American Battery Materials, Inc. Confirms Commitment to $120 Million Merger

Retrieved on:

Monday, September 18, 2023

SPAC, OTC Markets Group, DLE, Business, ABM, Acquisition, Comment, Letter, Cryptocurrency, Security (finance)

David Graber, ABM’s Chairman and Co-Chief Executive Officer, commented, “We are aware that our merger partner, Seaport Global, received a delisting warning letter from NASDAQ.

Key Points:

David Graber, ABM’s Chairman and Co-Chief Executive Officer, commented, “We are aware that our merger partner, Seaport Global, received a delisting warning letter from NASDAQ.
We believe this is not an unusual event for a SPAC which has extended its time frame to close an acquisition.
It is belief that our joint efforts to consummate the merger transaction would satisfy NASDAQ listing standards upon completion of the merger.
The combined company is expected to be renamed “American Battery Materials Holdings,” and its common stock and warrants are expected to be listed on the Nasdaq Global Market (“Nasdaq”).

HOPPR appoints world-renowned radiologist and AI pioneer, Dr. Khan M. Siddiqui, as CEO

Retrieved on:

Tuesday, September 19, 2023

SPAC, Informatics, University, Kinect, Microsoft, Radiology, History of the University of Maryland, College Park, MRI, Name, Adrian Dixon, Johns Hopkins University, Machine learning, Artificial intelligence, AI, American College, FDA, Hyperfine structure, Medical device

HOPPR names world-renowned radiologist and AI pioneer, Dr. Khan M. Siddiqui, as CEO

Key Points:

HOPPR names world-renowned radiologist and AI pioneer, Dr. Khan M. Siddiqui, as CEO
Dr. Oliver Chen, Chief Medical Officer of HOPPR, stated, "We are thrilled to have Dr. Siddiqui join the HOPPR family.
His pioneering role in medical imaging AI innovation at Microsoft, coupled with his transformative approach to radiology in North America, speaks volumes of his expertise.
As a seasoned entrepreneur, he brings a unique perspective that complements our team's strengths in radiology, artificial intelligence, and business transformation.
Expressing his enthusiasm, Dr. Siddiqui remarked, "In my years of experience, I've seen the transformative potential of medical imaging.

Bragar Eagel & Squire, P.C. Is Investigating Veradigm, Holley, and Orthofix and Encourages Investors to Contact the Firm

Retrieved on:

Monday, September 18, 2023

SPAC, P.C, MDRX, Culture, Annual report, News, NYSE, Cryptocurrency, Audit

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.
Additional information about each case can be found at the link provided.
On this news, Veradigm’s stock price fell $2.12 per share, or 12.76%, to close at $14.49 per share on March 1, 2023.
On this news, Orthofix's share price fell $5.62, or 30.2%, to close at $13.01 per share on September 12, 2023, thereby injuring investors.

Nano Dimension to Vote “AGAINST” Stratasys’ Value-Destructive Merger with Desktop Metal; Urges Fellow Stratasys Shareholders to Join in Opposition

Retrieved on:

Thursday, September 14, 2023

SPAC, Metal, Providence and Worcester Railroad, DM, Prior, Stock dilution, Inequality (mathematics), Desktop Metal, Acquisition, 3D printing, NYSE, Security (finance), Holding company, Life insurance, Stratasys

Waltham, Mass., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, today announced that it opposes and intends to vote against Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys”) proposed merger with Desktop Metal Inc. (NYSE: DM) (“Desktop Metal”) and urges fellow Stratasys shareholders to join in casting votes against the transaction at the company’s Extraordinary General Meeting of Shareholders (the “Stratasys EGM”) to be held on September 28, 2023. Nano Dimension is Stratasys’ largest shareholder and owns approximately 14.1% of Stratasys’ outstanding ordinary shares.

Key Points:

Nano Dimension is Stratasys’ largest shareholder and owns approximately 14.1% of Stratasys’ outstanding ordinary shares.
Yoav Stern, CEO of Nano Dimension, commented, “The opportunity to vote on Stratasys’ proposed merger with Desktop Metal is quickly approaching.
We express to our fellow Stratasys shareholders our deep conviction that this merger would be highly dilutive and result in significant value destruction, sacrificing profitability and financial flexibility of Stratasys for limited upside.
Nano Dimension urges shareholders to vote TODAY “AGAINST” the proposed merger.