S.A.C. Capital Advisors

Freightos Announces Board of Directors Change

Retrieved on: 
Thursday, February 8, 2024

Carl brings to Freightos' board a wealth of experience and a proven track record in investing in innovative growth companies focused on disruptive technologies.

Key Points: 
  • Carl brings to Freightos' board a wealth of experience and a proven track record in investing in innovative growth companies focused on disruptive technologies.
  • Carl currently serves as a board member at Trieye, a fabless semiconductor company, and at NoTraffic, an AI-powered traffic signal platform developer.
  • Carl, who represents M&G Investments, the largest Freightos investor as of the latest available reports, said, "I believe strongly in Freightos' vision to digitalize the freight industry.
  • Further,  Freightos' contribution to decarbonization through better capacity utilization and better carbon footprint visibility is commendable and aligns with a core mission of M&G.

Prime Medicine Appoints Allan Reine, M.D., as Chief Financial Officer

Retrieved on: 
Friday, January 5, 2024

CAMBRIDGE, Mass., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Prime Medicine, Inc. (Nasdaq: PRME), a biotechnology company committed to delivering a new class of differentiated one-time curative genetic therapies, today announced the appointment of Allan Reine, M.D., as the Company’s Chief Financial Officer, effective January 17, 2024.

Key Points: 
  • CAMBRIDGE, Mass., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Prime Medicine, Inc. (Nasdaq: PRME), a biotechnology company committed to delivering a new class of differentiated one-time curative genetic therapies, today announced the appointment of Allan Reine, M.D., as the Company’s Chief Financial Officer, effective January 17, 2024.
  • A seasoned financial executive with over twenty years’ experience in the biotechnology industry, Dr. Reine will be responsible for the company’s financing strategy and investor relations, and will oversee all financial operations as Prime Medicine begins its transition into a clinical company.
  • “I am delighted to welcome Allan to Prime Medicine.
  • He brings tremendous financial, operational and leadership experience in the life sciences space, as well as a proven track record developing and implementing multi-pronged strategies to finance a diverse pipeline and broad platform,” said Keith Gottesdiener, M.D., President and Chief Executive Officer of Prime Medicine.

Kitchen Culture: Update on Progress towards Resumption of Trading of the Company's Shares

Retrieved on: 
Friday, November 17, 2023

This is a significant and necessary step forward in getting the Company back on the path of accountability, restoration?and fulfilling all its statutory responsibilities to shareholders."

Key Points: 
  • This is a significant and necessary step forward in getting the Company back on the path of accountability, restoration?and fulfilling all its statutory responsibilities to shareholders."
  • "Holding the EGM marks a vital milestone towards the Board's ultimate goal of obtaining SGX approval for the resumption of trading of the Company's shares.
  • Since 12 July 2021, the Company's shares have been suspended due to a variety of issues including non-compliance and systemic internal failures.
  • Ltd. by the end of the year, in compliance with statutory requirements, and is another key factor in the resumption of trading of the Company's shares.

Infrastructure Capital Advisors Launches Its Newest ETF: the InfraCap Small Cap Income ETF (SCAP)

Retrieved on: 
Tuesday, December 12, 2023

Infrastructure Capital Advisors (“InfraCap”), a leading provider of investment management solutions designed to meet the needs of income-focused investors, is today announcing the launch of the latest addition to the firm’s lineup of Exchange-Traded Funds (“ETFs”): the InfraCap Small Cap Income ETF (NYSE Arca: SCAP).

Key Points: 
  • Infrastructure Capital Advisors (“InfraCap”), a leading provider of investment management solutions designed to meet the needs of income-focused investors, is today announcing the launch of the latest addition to the firm’s lineup of Exchange-Traded Funds (“ETFs”): the InfraCap Small Cap Income ETF (NYSE Arca: SCAP).
  • “Small-cap stocks are trading at historically low prices and may be poised for a bounce back year in 2024.
  • We believe that substantial alpha can be added through active management of the less efficient small cap sector,” said Hatfield.
  • Preferred Stock ETF (NYSE Arca: PFFA), InfraCap REIT Preferred ETF (NYSE Arca: PFFR), InfraCap MLP ETF (NYSE Arca: AMZA), and the InfraCap Equity Income Fund ETF (NYSE Arca: ICAP).

Unrivaled Brands Continues Its Rise in the Cannabis Industry: Ranked #8 Most Profitable and #19 Most Credit Worthy Among U.S. and Canadian Peers

Retrieved on: 
Friday, September 22, 2023

It was also listed as having the 19th best credit rating amongst its peers.

Key Points: 
  • It was also listed as having the 19th best credit rating amongst its peers.
  • The rankings follow Unrivaled’s having surpassed a total market cap of $20.0 million.
  • Mr. Carrillo, Unrivaled’s Chief Executive Officer said, “We have been working non-stop for over a year now.
  • From budtenders and guides, to cultivators, to our corporate office, our team has come together in a common purpose: to win championships.

Subversive Announces Launch of "LGLZ" Cannabis Exchange-Traded Fund

Retrieved on: 
Tuesday, September 19, 2023

NEW YORK, Sept. 19, 2023 /PRNewswire/ - Subversive Capital Advisor (the "Advisor" or the "Company"), a Registered Investment Advisor primarily focused on different mission-driven thematic emerging sectors, is launching its sixth exchange-traded fund ("ETF") – Subversive Cannabis ETF (Ticker: LGLZ) on Cboe BZX Exchange.

Key Points: 
  • NEW YORK, Sept. 19, 2023 /PRNewswire/ - Subversive Capital Advisor (the "Advisor" or the "Company"), a Registered Investment Advisor primarily focused on different mission-driven thematic emerging sectors, is launching its sixth exchange-traded fund ("ETF") – Subversive Cannabis ETF (Ticker: LGLZ) on Cboe BZX Exchange.
  • "We do not believe a Congress this politically divided will meaningfully act on cannabis at the federal level.
  • It is now up to the discretion of the DEA to accept the recommendation and formally move cannabis to schedule III3.
  • THC or tetrahydrocannabinol is the principal psychoactive constituent of cannabis and one of at least 113 total cannabinoids identified on the plant.

Kitchen Culture: Business Update on Outstanding Legacy Issues and Strategy to Move Forward

Retrieved on: 
Monday, August 7, 2023

The Company has also not filed its annual return with ACRA within the timelines required under the Companies Act;

Key Points: 
  • The Company has also not filed its annual return with ACRA within the timelines required under the Companies Act;
    f. a previous internal audit conducted by Baker Tilly Consultancy (Singapore) Pte.
  • "The Company is committed to addressing the significant challenges and legacy issues inherited from the previous Board in a positive and transparent manner, with full accountability to our shareholders.
  • We look forward to working closely with all stakeholders to ensure a successful future for the Company", added Mdm Hao.
  • This media release has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor").

Graystone Capital Advisors Promotes Julius Swolsky to Senior Vice President

Retrieved on: 
Monday, June 26, 2023

Graystone Capital Advisors, a leading investment sales brokerage, has announced the promotion of Julius Swolsky to Senior Vice President.

Key Points: 
  • Graystone Capital Advisors, a leading investment sales brokerage, has announced the promotion of Julius Swolsky to Senior Vice President.
  • Swolsky joined Graystone Capital Advisors in 2018 and specializes in investment sale advisory for owners of single and multi-tenant real estate across all markets.
  • “Julius will play an integral role in driving national expansion for our firm,” said Brenton Baskin, Managing Director of Graystone Capital Advisors.
  • During his six years with Graystone Capital Advisors, he was promoted to First Vice President and earned consistent sales recognition awards.

ISG CFO Bert Alfonso to Retire in August; Michael Sherrick Named His Successor as Executive Vice President and CFO

Retrieved on: 
Wednesday, June 21, 2023

“I want to express my deepest gratitude to Bert for his valued service to ISG,” said Michael P. Connors, chairman and CEO.

Key Points: 
  • “I want to express my deepest gratitude to Bert for his valued service to ISG,” said Michael P. Connors, chairman and CEO.
  • “I have known Bert for many years and will miss his wise counsel and contributions to the firm.
  • Everyone here at ISG extends our best wishes to Bert and his family.”
    Sherrick joins ISG from Cognizant Technology Solutions Corporation, a $19 billion global provider of information technology, consulting and business process services.
  • He currently serves as senior vice president and chief operating officer of Cognizant Software & Platform Engineering.

Harbor Capital Advisors Launches Third Corporate Culture ETF

Retrieved on: 
Thursday, April 13, 2023

Harbor Capital Advisors, Inc. (“Harbor”), an asset manager known for curating an intentionally select suite of active ETFs from boutique managers, today launched the Harbor Corporate Culture Small Cap ETF (ticker: HAPS).

Key Points: 
  • Harbor Capital Advisors, Inc. (“Harbor”), an asset manager known for curating an intentionally select suite of active ETFs from boutique managers, today launched the Harbor Corporate Culture Small Cap ETF (ticker: HAPS).
  • Based on proprietary data and research, the Human Capital Factor enables a strong, systematic assessment of a company’s corporate culture and its link to potential future equity performance.
  • The Human Capital Factor first became publicly investable through the Harbor Corporate Culture Leaders ETF (ticker: HAPY), and also serves as the foundation for the Harbor Corporate Culture ETF (ticker: HAPI).
  • “We’re delighted to be enhancing our partnership with Harbor to improve investor access to the Human Capital Factor,” said David van Adelsberg, Co-Founder & Partner, Irrational Capital.