Disagreement

Surf Air Mobility Publicly Files Form S-1 Registration Statement Related to Previously Announced Funding from Gem Global Yield LLC SCS

Retrieved on: 
Tuesday, September 19, 2023

Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or “Surf Air”), a regional air mobility platform aiming to sustainably connect the world’s communities, today publicly filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (“the SEC”) registering up to 25.0 million shares to satisfy certain conditions associated with the previously disclosed share subscription facility it has entered into with Luxembourg-based Gem Global Yield LLC SCS (“GGY”).

Key Points: 
  • Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or “Surf Air”), a regional air mobility platform aiming to sustainably connect the world’s communities, today publicly filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (“the SEC”) registering up to 25.0 million shares to satisfy certain conditions associated with the previously disclosed share subscription facility it has entered into with Luxembourg-based Gem Global Yield LLC SCS (“GGY”).
  • Any drawn advance will reduce the amount that Surf Air can request for future draw downs.
  • Surf Air Mobility intends to utilize the shares registered pursuant to the Form S-1 registration statement to request advances under the share subscription facility and satisfy other current obligations to register shares previously issued to GGY.
  • Surf Air Mobility intends to request such advances as needed and in increments aligned to the long-term growth of its business.

Electra Provides Notice of Change of Auditors

Retrieved on: 
Tuesday, September 19, 2023

Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Corporation”) announced today that it has changed its auditors from KPMG LLP (“Former Auditor”) to MNP LLP, Chartered Professional Accountants (“Successor Auditor”) effective September 18, 2023.

Key Points: 
  • Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Corporation”) announced today that it has changed its auditors from KPMG LLP (“Former Auditor”) to MNP LLP, Chartered Professional Accountants (“Successor Auditor”) effective September 18, 2023.
  • At the request of the Corporation, the Former Auditor resigned as the auditor of Electra effective September 14, 2023.
  • Electra’s Board of Directors appointed the Successor Auditor as the Corporation’s auditor effective September 18, 2023 until the next Annual General Meeting of the Corporation.
  • In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the board of directors of the Corporation and filed on SEDAR.

How Long Does a Settlement Take for a Personal Injury Case?

Retrieved on: 
Thursday, September 21, 2023

 SHELBYVILLE, Ind., Sept. 21, 2023 /PRNewswire/ -- While some personal injury cases can be resolved relatively quickly, others may take much longer. Here are some key points to consider:

Key Points: 
  • Here are some key points to consider:
    Medical Treatment: The duration of a personal injury settlement often depends on the extent of medical treatment needed by the injured party.
  • Lawsuit Filing: If a settlement cannot be reached through negotiations, the injured party may need to file a personal injury lawsuit.
  • Complexity of the Case: The complexity of the personal injury case, including issues such as liability disputes or multiple parties involved, can also impact the settlement timeline.
  • While some personal injury settlements can be reached within a few months, others may take a year or more to resolve.

Minister O'Regan releases the What We Heard report on banning replacement workers and improving the maintenance of activities process

Retrieved on: 
Tuesday, September 19, 2023

The use of replacement workers can distract from the bargaining table, prolong disputes, and jeopardize labour relations for years after.

Key Points: 
  • The use of replacement workers can distract from the bargaining table, prolong disputes, and jeopardize labour relations for years after.
  • Today, Minister of Labour Seamus O'Regan Jr. released the What We Heard report on prohibiting replacement workers and improving the maintenance of activities process, which summarizes feedback from consultations with employers, labour organizations and Indigenous partners, that concluded earlier this year.
  • In these consultations, the Minister sought information on the use of replacement workers and the current maintenance of activities process under the Canada Labour Code.
  • This part contains provisions related to replacement workers and maintenance of activities, as well as dispute resolution, strikes and lockouts.

Inogen Announces CFO Transition Plan

Retrieved on: 
Thursday, September 7, 2023

The Company has retained a leading executive search firm to help with the search for a permanent replacement.

Key Points: 
  • The Company has retained a leading executive search firm to help with the search for a permanent replacement.
  • Mike has brought value to Inogen as an accomplished CFO and partner to me, and I am pleased to welcome him back to the company.
  • He brings expertise working across business functions, including with the CEO and Board of Directors, Audit Committee and Compensation and Governance Committee.
  • Inogen is reaffirming expectations for 2023 annual revenue of $315 million to $320 million and Adjusted EBITDA loss of $20 million to $25 million for the full year.

Farmer Brothers announces transition of chief executive officer

Retrieved on: 
Wednesday, September 6, 2023

NORTHLAKE, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Farmer Brothers Company (NASDAQ: FARM), a leading roaster, wholesaler, equipment servicer and distributor of coffee, tea and other allied products, announced today it has commenced a transition of the chief executive officer role.

Key Points: 
  • NORTHLAKE, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Farmer Brothers Company (NASDAQ: FARM), a leading roaster, wholesaler, equipment servicer and distributor of coffee, tea and other allied products, announced today it has commenced a transition of the chief executive officer role.
  • Under the transition plan, the board of directors and Chief Executive Officer Deverl Maserang have mutually agreed his employment with Farmer Brothers will conclude on Sept. 30 and he will complete his current term as a member of the board, unless his permanent successor is identified prior to the end of his term.
  • Farmer Brothers’ current Head of Coffee John Moore will assume the role of interim CEO starting Oct. 1.
  • We greatly appreciate Deverl’s tremendous contributions at the management and board levels,” said Farmer Brothers Chairman of the Board Alfred Poe.

Congress needs to pass 12 funding bills in 11 days to avert a shutdown – here’s why that isn’t likely

Retrieved on: 
Tuesday, September 5, 2023

Congress has just 11 days when it’s in session before the next federal fiscal year begins on Oct. 1, 2023.

Key Points: 
  • Congress has just 11 days when it’s in session before the next federal fiscal year begins on Oct. 1, 2023.
  • And in that time, it will need to enact all 12 appropriation bills to ensure that government agencies and departments have funding to keep programs going – or face a potential government shutdown.
  • This is due to the magnitude of the differences not only between the two parties but also between the House and Senate.

One down, many to go

    • But just before the House broke for August recess, it passed one appropriation bill, for military construction.
    • The problem is the military construction bill is traditionally the easiest to pass, as it is very small – this year it stood at US$19.1 billion in spending.
    • This is substantially less than the largest bill, which is usually the Labor, Health, Human Services and Education bill.

Ideological impasse

    • These will be vehemently opposed by Democrats and potentially create an impasse in negotiations.
    • Another complicating factor is that, recently, the administration submitted to Congress a request for a $45 billion supplemental appropriation that includes $24 billion for the war in Ukraine.
    • In the past, these measures would often be attached to either an individual appropriation bill or what is known as a continuing resolution.
    • While, constitutionally, appropriation bills must start in the House, they have to be reconciled with whatever version the Senate passes.

A history of shutdowns

    • This approach has been endorsed by the White House to give time to negotiate a permanent solution.
    • But the Freedom Caucus has indicated it will oppose such a measure unless it can attach many of its ideological riders.
    • Since the 1974 Budget Act, there have been 22 such gaps or shutdowns due to the inability of Congress to enact all the appropriation bills.
    • This shutdown lasted 35 days – the longest in history.

A record shutdown?

    • Politically, the Republicans received virtually nothing beneficial from the 1995 or 2018 shutdowns, and were in fact blamed for both.
    • Similarly, Republicans received little in 2013 but also seemed to receive less blame.
    • Congress has just 11 working days to pass these bills, and that seems virtually impossible, especially in the current political climate.
    • I even wouldn’t rule out a much longer shutdown of a couple of months that exceeds the record 35 days during the Trump administration.

New carbon budgets for G20 members set a hard limit for a soft landing

Retrieved on: 
Tuesday, September 5, 2023

UTS researchers have devised current decarbonisation pathways for each G20 country and the EU27 region, using technically high-resolution energy scenarios.

Key Points: 
  • UTS researchers have devised current decarbonisation pathways for each G20 country and the EU27 region, using technically high-resolution energy scenarios.
  • The scenarios are the first and most detailed of their kind, with each pathway broken down into sub-pathways for 19 industry and service sectors.
  • ISF Research Director Associate Professor Sven Teske says, "This carbon budget is a hard limit for a soft landing.
  • "It first sets out what must happen in G20 economies across all sectors and contains a clear ask to adopt the Carbon Index.

White men have controlled women’s reproductive rights throughout American history – the post-Dobbs era is no different

Retrieved on: 
Friday, September 1, 2023

Candidates sparred over the idea of a federal abortion ban during the Aug. 23, 2023, Republican presidential debate.

Key Points: 
  • Candidates sparred over the idea of a federal abortion ban during the Aug. 23, 2023, Republican presidential debate.
  • And abortion is likely to figure prominently in the November 2023 contest for a seat on the Pennsylvania Supreme Court.
  • White men controlled people’s reproductive rights during the 20th century, too, with the American eugenics movement.
  • As a researcher who specializes in the history of race and racism in the U.S., I study historical issues related to race, gender and social justice.

Enslaved women forced to reproduce

    • With this shift, enslavers stepped up the forced breeding of enslaved women.
    • White men raped the Black women andgirls they enslaved, and then enslaved the children born from those rapes.
    • Because the Black midwives and enslaved women often were blamed for or suspected of using birth control and abortions to resist forced pregnancy and the enslavement of their offspring, enslavers turned increasingly away from midwives and to white male doctors to figure out why nearly half of enslaved infants were stillborn or died within their first year of life and why so many enslaved women were infertile.
    • The forced breeding of these enslaved women was linked to the profitability of southern economies.

Eugenics and control over women’s bodies

    • Thirty-two states, between 1907 and 1937, enacted forced sterilization mandates to prevent births by people eugenicists considered socially inadequate.
    • For example, in North Carolina, which had the country’s third-highest sterilization rate, far more women than men were forcibly sterilized.
    • Between 1930 and 1970, close to 33% of the women in Puerto Rico, a U.S. territory, were forcibly sterilized.
    • In California, between 1997 and 2003, 1,400 female inmates, mostly Black, were forcibly sterilized.

The post-Dobbs era

    • The Census Bureau projects that in the 2040s, non-Hispanic white people will no longer make up a majority of the U.S. population.
    • Black women represent 39% of the country’s abortion patients, but many live in communities that have limited access to family planning clinics.
    • As a result, Black women - who experience higher maternal complications and mortality rates - will be forced to give birth to more babies.
    • This is another period in the country in which the reproductive health decisions made by mostly white men will harm Black women.

InterCure Announces Record Revenues First Half of 2023 with over 14% growth YOY

Retrieved on: 
Friday, September 1, 2023

Record revenue of NIS 209 million ($75 million) for first half of 2023 and NIS 102 ($36 million) for the second quarter of 2023, representing YOY growth of over 14% and 8% respectively.

Key Points: 
  • Record revenue of NIS 209 million ($75 million) for first half of 2023 and NIS 102 ($36 million) for the second quarter of 2023, representing YOY growth of over 14% and 8% respectively.
  • EBITDA2 of NIS 30 million ($11 million) for first half of 2023, representing 14% of revenue and NIS 14 million ($5 million) for the second quarter.
  • During the first half of 2023 we voluntarily repaid loans of NIS 86 million ($31 million).
  • "First half of 2023 is another solid performance for InterCure, with year-over-year revenue growing 14% to $ million and adjusted EBITDA margin of 14%.