Finance Secretary (India)

OKX Ventures Announces Strategic Investment in Zeus Network, the First and Only Permissionless Communication Layer on Solana and Bitcoin

Retrieved on: 
Tuesday, April 9, 2024

SINGAPORE, April 9, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, is pleased to announce that it has invested in Zeus Network , the first and only permissionless communication layer on Solana and Bitcoin.

Key Points: 
  • SINGAPORE, April 9, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, is pleased to announce that it has invested in Zeus Network , the first and only permissionless communication layer on Solana and Bitcoin.
  • This investment by OKX Ventures encapsulates its vision of a new era of digital asset exchange, one that is decentralized, secure and user-friendly on a global scale.
  • OKX Ventures Founder Dora Yue said: "Zeus Network is leading the way in integrating smart programs and consensus mechanisms.
  • This announcement comes after the OKX exchange listed Zeus Network's token, ZEUS, on its spot market on April 4, 2024.

AAPKI Ventures Inc. Announces Debenture Financing

Retrieved on: 
Monday, March 18, 2024

Surrey, BC, March 18, 2024 (GLOBE NEWSWIRE) -- AAPKI Ventures Inc., formerly Pushfor Tech Inc. ("AAPKI" or the "Company") (CSE: APKI) (FFT: 64Q), is pleased to announce its intention to conduct a non-brokered private placement of unsecured convertible debentures (each a “Debenture”) with an aggregate principal amount (the "Principal Amount”) of up to $500,000.

Key Points: 
  • Surrey, BC, March 18, 2024 (GLOBE NEWSWIRE) -- AAPKI Ventures Inc., formerly Pushfor Tech Inc. ("AAPKI" or the "Company") (CSE: APKI) (FFT: 64Q), is pleased to announce its intention to conduct a non-brokered private placement of unsecured convertible debentures (each a “Debenture”) with an aggregate principal amount (the "Principal Amount”) of up to $500,000.
  • This Debenture will allow investors to convert their debentures into units of the Company at a conversion price of $0.05 per unit.
  • Each unit will be comprised of one common share and one share purchase warrant.
  • The proceeds of the financing will be used for the expansion of the Company's business and for general corporate purposes.

VERSES Names Analog CEO Alex Kipman as Strategic Advisor & Closes US$2M Investment

Retrieved on: 
Monday, March 18, 2024

VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, announces that Alex Kipman, CEO and Founder of Analog AI has joined as a Strategic Advisor.

Key Points: 
  • VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, announces that Alex Kipman, CEO and Founder of Analog AI has joined as a Strategic Advisor.
  • Mr. Kipman spent over two decades at Microsoft, most recently in the role of Corporate Vice President/Technical Fellow, Mixed Reality and Artificial intelligence.
  • In doing so, Mr. Kipman helped shape the go-to-market strategy and curated an ecosystem of partners to manage the system from development, to manufacturing, to distribution.
  • “We are excited to engage Alex as an advisor and to leverage his relationships and years of experience,” said Gabriel René, founder and CEO of VERSES.

W&T Offshore Announces Liquidity-Enhancing Modifications to the Non-Recourse Term Loan with Munich Re

Retrieved on: 
Monday, March 18, 2024

HOUSTON, March 18, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced modifications to the first-lien non-recourse term loan (the “Term Loan”) between its wholly-owned special purpose vehicles (the “SPVs”) and Munich Re Reserve Risk Financing, Inc. ("MRRF"), which is expected to provide additional liquidity to the Company over 2024 without increasing the Company’s net leverage.

Key Points: 
  • HOUSTON, March 18, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced modifications to the first-lien non-recourse term loan (the “Term Loan”) between its wholly-owned special purpose vehicles (the “SPVs”) and Munich Re Reserve Risk Financing, Inc. ("MRRF"), which is expected to provide additional liquidity to the Company over 2024 without increasing the Company’s net leverage.
  • The Term Loan was initially arranged on May 19, 2021 (“Closing Date”) and had a principal balance of $215 million which has been amortized down to around $114 million as of December 31, 2023.
  • There have been a few alterations to the Credit Agreement signed by the SPVs and MRRF on May 19, 2021 (the “Original Credit Agreement”).
  • Through its 100% ownership in the SPVs, W&T retains the upside value in the Mobile Bay Assets.

Altitude Acquisition Corp. Announces Liquidation of Trust Account

Retrieved on: 
Tuesday, March 12, 2024

In connection with the liquidation of the trust account, as of the close of business on March 12, 2024, the Public Shares will be deemed cancelled and will represent only the right to receive the estimated per-share redemption price of approximately $10.1577 (after taking into account the removal of a portion of the accrued interest in the trust account to pay taxes and $100,000 for dissolution expenses).

Key Points: 
  • In connection with the liquidation of the trust account, as of the close of business on March 12, 2024, the Public Shares will be deemed cancelled and will represent only the right to receive the estimated per-share redemption price of approximately $10.1577 (after taking into account the removal of a portion of the accrued interest in the trust account to pay taxes and $100,000 for dissolution expenses).
  • In order to provide for the disbursement of funds from the trust account, the Company will instruct the trustee of the trust account to take all necessary actions to liquidate the trust account.
  • The proceeds of the trust account will be held in a non-interest bearing account while awaiting disbursement to the holders of the Public Shares.
  • Record holders may redeem their Public Shares for their pro rata portion of the proceeds of the trust account upon presentation of their respective share or unit certificates or other delivery of their Public Shares or units to Continental Stock Transfer & Trust Company, the Company’s transfer agent.

Ripple to Issue USD-backed Stablecoin Bringing More Utility and Liquidity to XRP Ledger

Retrieved on: 
Thursday, April 4, 2024

To meet this growing demand, Ripple will issue a stablecoin, leveraging its decade-plus of experience building real-world financial solutions for institutions around the world.

Key Points: 
  • To meet this growing demand, Ripple will issue a stablecoin, leveraging its decade-plus of experience building real-world financial solutions for institutions around the world.
  • “This is a natural step for Ripple to continue bridging the gap between traditional finance and crypto,” said Brad Garlinghouse, Ripple CEO.
  • Bringing more credible assets on the DEX, such as Ripple’s stablecoin, will drive numerous benefits for users, developers, and apps.
  • Multichain Compatibility: The Ripple stablecoin will be issued on the XRP Ledger and Ethereum networks using XRPL native functionality and ERC20 token standards.

NTHU Launches Tsing Hua Talent Development Fund to Enhance Academic Excellence

Retrieved on: 
Tuesday, April 2, 2024

National Tsing Hua University (NTHU) in Taiwan launched the Tsing Hua Talent Development Fund to attract and retain exceptional faculty members.

Key Points: 
  • National Tsing Hua University (NTHU) in Taiwan launched the Tsing Hua Talent Development Fund to attract and retain exceptional faculty members.
  • View the full release here: https://www.businesswire.com/news/home/20240402305444/en/
    NTHU launched the Tsing Hua Talent Development Fund to attract and retain exceptional faculty members.
  • Setting up the Tsing Hua Talent Development Fund is a key strategy component.
  • Po-Wen Chiu, NTHU Vice President for Research and Development, explained that the Tsing Hua Talent Development Fund operates sustainably by utilizing donations, proceeds from industry-academia collaboration, and dividends from the fund.

Aquaporin publishes prospectus and initiates rights issue

Retrieved on: 
Friday, April 5, 2024

COPENHAGEN, Denmark, April 5, 2024 /PRNewswire/ -- Aquaporin A/S ("Aquaporin" or the "Company") (CSE: AQP) today announces that its board of directors (the "Board of Directors") has resolved to initiate a rights issue with pre-emptive subscription rights (the "Pre-emptive Rights") for the Company's existing shareholders allowing for subscription of up to 14,594,872 new shares with a nominal value of DKK 1 each (the "New Shares") at a subscription price of DKK 14 per New Share (the "Subscription Price") (the "Offering" or the "Rights Issue").

Key Points: 
  • : DK28315694
    COPENHAGEN, Denmark, April 5, 2024 /PRNewswire/ -- Aquaporin A/S ("Aquaporin" or the "Company") (CSE: AQP) today announces that its board of directors (the "Board of Directors") has resolved to initiate a rights issue with pre-emptive subscription rights (the "Pre-emptive Rights") for the Company's existing shareholders allowing for subscription of up to 14,594,872 new shares with a nominal value of DKK 1 each (the "New Shares") at a subscription price of DKK 14 per New Share (the "Subscription Price") (the "Offering" or the "Rights Issue").
  • A prospectus regarding the Offering (the "Prospectus") is, subject to certain restrictions, available at the Company's website: https://investors.aquaporin.com/investors/default.aspx .
  • Trades of Pre-emptive Rights executed during the Rights Trading Period will, however, not be affected.
  • Consequently, investors who have acquired Pre-emptive Rights will incur a loss corresponding to the purchase price of the Pre-emptive Rights and any transaction costs.

Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders

Retrieved on: 
Wednesday, March 27, 2024

MARINA DEL REY, Calif., March 26, 2024 /PRNewswire/ -- Arrowroot Acquisition Corp. ("Arrowroot" or the "Company") (NASDAQ: ARRWU, ARRW, ARRWW) today announced that its special meeting of stockholders ("Special Meeting") will be postponed from its scheduled time of 9:00 a.m. Eastern Time on March 28, 2024 to 9:00 a.m. Eastern Time on April 1, 2024.

Key Points: 
  • MARINA DEL REY, Calif., March 26, 2024 /PRNewswire/ -- Arrowroot Acquisition Corp. ("Arrowroot" or the "Company") (NASDAQ: ARRWU, ARRW, ARRWW) today announced that its special meeting of stockholders ("Special Meeting") will be postponed from its scheduled time of 9:00 a.m. Eastern Time on March 28, 2024 to 9:00 a.m. Eastern Time on April 1, 2024.
  • The Special Meeting can still be accessed virtually by visiting www.virtualshareholdermeeting.com/ARRW2024SM .
  • You will need the 12-digit meeting control number that is printed on your proxy card to enter the Special Meeting.
  • The record date for the Special Meeting remains March 13, 2024.

Clear Channel Outdoor Holdings, Inc. Announces Clear Channel International B.V.'s New Term Loan Facility and Concurrent Redemption of Existing Secured Notes

Retrieved on: 
Monday, March 25, 2024

SAN ANTONIO, March 25, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") announced today that the Company's indirect, wholly owned subsidiary, Clear Channel International B.V. ("CCIBV"), entered into a credit agreement (the "CCIBV Credit Agreement") on March 22, 2024 (the "Closing Date") governing CCIBV's new term loan facility (the "CCIBV Term Loan Facility").

Key Points: 
  • SAN ANTONIO, March 25, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") announced today that the Company's indirect, wholly owned subsidiary, Clear Channel International B.V. ("CCIBV"), entered into a credit agreement (the "CCIBV Credit Agreement") on March 22, 2024 (the "Closing Date") governing CCIBV's new term loan facility (the "CCIBV Term Loan Facility").
  • serves as administrative agent and collateral agent, and J.P. Morgan SE serves as lead arranger and bookrunner.
  • The CCIBV Term Loan Facility matures on April 1, 2027 (the "Maturity Date") and has no scheduled amortization payments prior to the Maturity Date.
  • Additional information on the CCIBV Term Loan Facility and the form of credit agreement related thereto is available in a Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission.