Murchison

Ada Ranked on the Deloitte Technology Fast 50™ and the Deloitte Technology Fast 500™

Retrieved on: 
Wednesday, November 8, 2023
Fintech, Deloitte Technology Fast 500, Face, Murchison, Creativity, Ada, Software, Perseverance, Growth, Telecommunications, Accounting

TORONTO, Nov. 8, 2023 /PRNewswire/ -- Ada is pleased to announce its recognition for rapid revenue growth as part of the 2023 Deloitte Technology Fast 50™ and the 2023 Deloitte Technology Fast 500™ award programs.

Key Points: 
  • TORONTO, Nov. 8, 2023 /PRNewswire/ -- Ada is pleased to announce its recognition for rapid revenue growth as part of the 2023 Deloitte Technology Fast 50™ and the 2023 Deloitte Technology Fast 500™ award programs.
  • Celebrating its 26th anniversary, the Deloitte Technology Fast 50™ program recognizes Canada's 50 fastest-growing technology companies based on the highest revenue-growth percentage over the past four years.
  • With its impressive revenue growth, Ada was also ranked on the Deloitte North America Technology Fast 500™, joining a list of top-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America.
  • The Deloitte Technology Fast 50 program winners consist of public and private companies in the technology sector that are transforming the industry.

Nano Dimension’s Dissident Shareholder Murchison Ltd.’s Owner, Marc Bistricer’s Case is Scheduled For Continued Hearing Processes During the Rest of 2023 Before Capital Markets Tribunal (the “Tribunal”) in Canada

Retrieved on: 
Friday, August 25, 2023
Investment, Ontario Securities Commission, Disclosure, Managed file transfer, Tribunal, Document 1, Risk, Hearing, Canopy Growth, 3D printing, OSC, Murchison, Property management, Security (finance)

Waltham, Mass., Aug. 25, 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, announced today that Marc Yuda Bistricer (“Bistricer”) Case (File No. 2022-24) stood for a hearing before Capital Markets Tribunal in Toronto, Ontario, Canada, after the Tribunal, on May 8, 2023, dismissed a motion brought by Bistricer for additional disclosure of documents.1

Key Points: 
  • The Ontario Securities Commission (the “OSC”) Staff Seeking Orders from the Tribunal That Murchison Owner, Marc Bistricer:
    Waltham, Mass., Aug. 25, 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, announced today that Marc Yuda Bistricer (“Bistricer”) Case (File No.
  • OSC staff has requested that the Tribunal make, among others, the following orders:
    “… Mr. Bistricer resign from any position he may hold as a director or officer of a registrant, “… Mr. Bistricer be prohibited from becoming or acting as a director or officer of a registrant permanently.
  • Those short sales may have curbed increases in, or reduced, the closing price, affecting the offering price and lowering Canopy’s net proceeds.”
    “…Respondents’ conduct was abusive and contrary to the animating principles of Ontario securities law…undermined the investor protection… undercut the timely, accurate and efficient disclosure of information…”
    Respondents sought to minimize the timely, accurate and efficient disclosure of information non-disclosure reduced the risk of regulatory action because the entirety of the series of transactions was hidden.

We've detected a star barely hotter than a pizza oven – the coldest ever found to emit radio waves

Retrieved on: 
Thursday, July 13, 2023
Electron, Flare, Radiation, Field line, Object (computer science), Australia Telescope Compact Array, The Astrophysical Journal, Murchison Radio-astronomy Observatory, Research, Temperature, MeerKAT, Planet, Pathfinder, Radio, Observation, Telescope, Radio wave, Electromagnetic radiation, Gamilaraay, Australian Square Kilometre Array Pathfinder, Murchison, Lithium, Medical imaging, Communications satellite, Fireworks, Surveying

Our findings, published today in the Astrophysical Journal, detail the detection of pulsed radio emission from this star, called WISE J0623.

Key Points: 
  • Our findings, published today in the Astrophysical Journal, detail the detection of pulsed radio emission from this star, called WISE J0623.
  • Despite being roughly the same size as Jupiter, this dwarf star has a magnetic field much more powerful than our Sun’s.

Making waves with radio stars

    • With over 100 billion stars in our Milky Way galaxy, it might surprise you astronomers have detected radio waves from fewer than 1,000 of them.
    • Most of the detections of stars with radio telescopes over the past few decades have been flares from highly active stars or energetic bursts from the interaction of binary (two) star systems.
    • These cool brown dwarfs can’t sustain the levels of atmospheric activity that generates radio emission in hotter stars, making stars like WISE J0623 harder for radio astronomers to find.

How did we find the coolest radio star?

    • The telescope can see large regions of the sky in a single observation and has already surveyed nearly 90% of it.
    • So how do we tell which of these millions of sources are radio stars?
    • By selecting only highly circularly polarised radio sources from an earlier survey of the sky, we found WISE J0623.

What does this discovery mean?

    • Previous research has shown that radio emission detected from other cool brown dwarfs was tied to their magnetic fields and generally repeated at the same rate as the star rotates.
    • To investigate this we did follow-up observations with CSIRO’s Australian Telescope Compact Array, and with the MeerKAT telescope operated by the South African Radio Astronomy Observatory.
    • WISE J0623 is the coolest brown dwarf detected via radio waves and is the first case of persistent radio pulsations.

Nano Dimension’ Dissident Shareholder Murchison Ltd.’s Owner, Marc Bistricer’s Case is Scheduled For Continued Hearing Processes During the Rest of 2023 Before Capital Markets Tribunal (the “Tribunal”) in Canada

Retrieved on: 
Wednesday, July 12, 2023
Investment, Ontario Securities Commission, Disclosure, Managed file transfer, Tribunal, Hearing, Canopy Growth, 3D printing, OSC, Murchison, Property management, Security (finance)

Waltham, Mass., July 12, 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, announced today that Marc Yuda Bistricer (“Bistricer”) Case (File No. 2022-24) stood for a hearing before Capital Markets Tribunal in Toronto, Ontario, Canada, after the Tribunal, on May 8, 2023, dismissed a motion brought by Bistricer for additional disclosure of documents.1

Key Points: 
  • The Tribunal  Dismissed A Motion Brought by Bistricer on May 8th, 2023 For Additional Disclosure of Documents
    The Ontario Securities Commission (the “OSC”) Staff Seeking Orders from the Tribunal That Murchison Owner, Marc Bistricer:
    Waltham, Mass., July 12, 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, announced today that Marc Yuda Bistricer (“Bistricer”) Case (File No.
  • 2022-24) stood for a hearing before Capital Markets Tribunal in Toronto, Ontario, Canada, after the Tribunal, on May 8, 2023, dismissed a motion brought by Bistricer for additional disclosure of documents.1
    The OSC staff, in its case against Mr. Marc Bistricer (owner of Murchinson Ltd.), has made serious allegations that Mr. Marc Bistricer, who used a private holding company, Saline Investments Ltd., part owner of Murchinson, (“Saline”), and other market participants (together with Bistricer and Saline, the “Respondents”) are “accountable for an illegal and abusive short selling scheme that violated Ontario securities law and was contrary to the public interest”2 in connection with a private placement by a public company – Canopy Growth Corporation (“Canopy”).3
    OSC staff has requested that the Tribunal make, among others, the following orders:
    “… Mr. Bistricer resign from any position he may hold as a director or officer of a registrant,
    “… Mr. Bistricer be prohibited from becoming or acting as a director or officer of a registrant permanently.
  • “… Respondents be prohibited from becoming or acting as a registrant, as an investment fund manager or as a promoter permanently…
    “...hid from Canopy the benefits of the transactions to Saline…concealed the short selling that facilitated Saline’s virtually risk-free profits …misrepresented the relationship... in fact, most of the profits were Saline.”
    “It was key …in this deal… the underwriter (Saline) sold short the entire amount of the offering on the day of pricing.
  • Those short sales may have curbed increases in, or reduced, the closing price, affecting the offering price and lowering Canopy’s net proceeds.”
    “…Respondents’ conduct was abusive and contrary to the animating principles of Ontario securities law…undermined the investor protection… undercut the timely, accurate and efficient disclosure of information…”
    Respondents sought to minimize the timely, accurate and efficient disclosure of information.

Monument Reports Third Quarter Fiscal 2023 (“Q3 FY2023”) Results

Retrieved on: 
Wednesday, May 31, 2023
CIL, Maintenance, Sale, Public expenditure, Retirement, Gold, Acquisition, Gabanintha, Western Australia, Aravali Retreat, Gurgaon, Mining, London Bullion Market Association, Project, Total, Murchison, Palladium, Cryptocurrency, Rare-earth element

(2)  Monument average realized gold price is US$1,878/oz for the three months ended March 31, 2023.

Key Points: 
  • (2)  Monument average realized gold price is US$1,878/oz for the three months ended March 31, 2023.
  • Cash cost excludes amortization, depletion, accretion expenses, idle production costs, capital costs, exploration costs and corporate administration costs.
  • Furthermore, production is expected to improve into Q4 FY2023, following the mining of higher-grade gold zones at the end of the current quarter.
  • The ramp up to full production commenced in January 2023, and is expected to be completed in June 2023.

Stratasys Comments on Illegitimacy and Unclear Legality of Nano Dimension’s Ongoing Campaign Against Stratasys in the Israeli Court’s Latest Ruling on Nano’s Litigation with Murchinson Ltd.

Retrieved on: 
Tuesday, April 18, 2023
Software, Other Manufacturing, Hardware, Electronic Design Automation, Chemicals, Plastics, Technology, Manufacturing, Other Technology, Special, Stratasys, Risk, Supreme court, Israeli Supreme Court opinions on the West Bank Barrier, Murchison

On April 16, 2023, the Israeli court issued its decision on Murchinson’s motion for temporary relief and held that Murchinson would be allowed to appoint two directors to the Nano board as observers, until a final decision on the case is made.

Key Points: 
  • On April 16, 2023, the Israeli court issued its decision on Murchinson’s motion for temporary relief and held that Murchinson would be allowed to appoint two directors to the Nano board as observers, until a final decision on the case is made.
  • Nano clearly disagrees with the court’s recent ruling, as evidenced by the fact that it has stated its intention to appeal the decision to the Israeli Supreme Court.
  • Despite the ruling, Nano, led by a Board and management team whose legality and authority remain in doubt, has continued to pursue what Stratasys believes to be an illegitimate campaign to acquire the Company.
  • The Stratasys Board continues to believe that Nano’s campaign against Stratasys is of questionable legal authority and credibility and poses significant risk to the Company and our shareholders.

Nano Dimension Alerts its Shareholders:

Retrieved on: 
Tuesday, February 14, 2023
Public interest, Million Pound Menu, Murchison, 3D printing, Ontario Securities Commission, Illegal, The Public Interest, Regulation, Security (finance)

Waltham, Mass., Feb. 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, announced today that the notice of special general meeting of the Company’s shareholders issued by Murchinson Ltd. (“Murchinson”) on February 13th, 2023 (the “Illegal Notice”) failed to comply with core requirements under applicable law and thus was made without any underlying legal right to do so. Accordingly, the Illegal Notice will be disregarded by the Company.

Key Points: 
  • Accordingly, the Illegal Notice will be disregarded by the Company.
  • Shareholders are warned: Do not follow the instructions made in Bistricer’s Murchinson’s Illegal Notice.
  • Similarly, the Illegal Notice is not compliant with the Israeli Companies Law and should be disregarded by shareholders.
  • Only The Company will inform its shareholders if and when a valid meeting will be held.

Nano Dimension Issues a Special Message to Its Shareholders:

Retrieved on: 
Tuesday, January 31, 2023
Cloud, Legislation, General Electric, Tower Semiconductor, Colonel, Algorithm, IDF, Goldman Sachs, Fund, Research, 3D, Waltham, REDI (Execution Management System), Artificial intelligence, Hotel manager, 3D printing, Verint Systems, Murchison, Rothschild, Disclosure, Business, Amazon (company), PowerDsine, Software, TLV, Risk, Senior management, Graphik Dimensions, Ltd., PDSN, Rothschild & Co, Growth, Letter, Security (finance), Management, Cryptocurrency, Retail, Bank, Private investigator, Intel

Waltham, Mass, Jan. 31, 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, announced today that publicly available information reveals hundreds of illegal actions by Murchinson Ltd. (“Murchinson” or the “Fund”) and its manager, Mr. Marc Bistricer, including investigation by the U.S. authorities and the severe sanctions imposed on the Fund.

Key Points: 
  • A letter of complaint about Mr. Bistricer's behavior, which was written about an hour after the event by the counsel of Nano Dimension, caused Mr. Bistricer to respond by a falsified smear campaign on Nano Dimension and its management.
  • Furthermore, Nano Dimension is in active processes and expects to carry out additional significant acquisitions and mergers in the coming months.
  • The management of Nano Dimension is committed not to allow such fate for the Company and its shareholders who deserve better.
  • Nano Dimension succeeded in working hard and persistently improving its capabilities, its product lines, and its business focus.

Ada leverages OpenAI to deliver AI-powered customer service

Retrieved on: 
Tuesday, December 20, 2022
Support, Language, AI, Knowledge, Yeti, Ada, Automation, LLM, Meta, Verizon Communications, Murchison, Research, Machine learning, LLM Communications, Customer service, Sales, Square, AirAsia, OpenAI

TORONTO, Dec. 20, 2022 /PRNewswire/ -- Ada, the customer service automation company, today announced it is now leveraging technology from OpenAI, the AI research and deployment company responsible for the groundbreaking ChatGPT application.

Key Points: 
  • TORONTO, Dec. 20, 2022 /PRNewswire/ -- Ada , the customer service automation company, today announced it is now leveraging technology from OpenAI, the AI research and deployment company responsible for the groundbreaking ChatGPT application.
  • Over the past year, Ada has been employing LLMs to automate billions of customer interactions for hundreds of clients.
  • "We're excited to support Ada to imagine, design and power an AI-first approach to customer service," said Yaniv Markovski, head of Support at OpenAI.
  • Built for support teams, Ada's AI-powered customer service automation platform helps enterprises effortlessly resolve their customer inquiries in any language or channel.

Ada appoints new Chief Marketing Officer and VP of People to help scale company growth and culture

Retrieved on: 
Wednesday, November 30, 2022
Marketing, Culture, Susquehanna Valley, Ruby, Murchison, Organization, Verizon Communications, Multimedia, Verint Systems, Knowledge, ADP, Zoom, IPO, World Innovation Summit for Education, Goldman Sachs, Napster, ARR, UiPath, Meta, Automation, CMO, Uncertainty, WorkMarket, Management, Retail, Interior design, Square, AirAsia

TORONTO, Nov. 30, 2022 /PRNewswire/ -- Ada, the customer-focused conversational AI leader, today announced the addition of Diego Lomanto as chief marketing officer and Ruby White as vice president of people to the Canadian unicorn's growing executive team.

Key Points: 
  • Most recently, Lomanto was the vice president of product marketing and industry marketing for UiPath.
  • He joined UiPath during their Series B at $50M in ARR, guiding the company to $1B+ in revenue and an IPO.
  • In addition, he has built marketing organizations as CMO of Talent Inc, and vice president of marketing for Work Market, which was acquired by ADP.
  • At Ada, she will continue to leverage her knowledge of growing diverse, high-performing teams to help Ada further its mission and IPO-readiness.