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The Cannabist Company Announces Normal Course Issuer Bid

Retrieved on:

Tuesday, November 14, 2023

Cannabis, Natural Resources, FSE, Acquisition, Indian stock exchange, BID, NEO, CBOE, Hand, Security (finance)

The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that its Board of Directors has authorized a normal course issuer bid (the “NCIB”) to purchase up to 15,000,000 of its common shares (“Common Shares”), representing approximately 3.6% of its issued and outstanding Common Shares as at November 9, 2023.

Key Points:

The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that its Board of Directors has authorized a normal course issuer bid (the “NCIB”) to purchase up to 15,000,000 of its common shares (“Common Shares”), representing approximately 3.6% of its issued and outstanding Common Shares as at November 9, 2023.
The Company has appointed Canaccord Genuity Corp. to coordinate and facilitate purchases under the Bid.
Although the Company presently intends to purchase Common Shares under its NCIB, there can be no assurances that any such purchases will be completed.
The Company will pay the market price for the Common Shares at the time of acquisition and the purchases will be made in accordance with applicable regulatory requirements.

Cybin Announces Closing of Offering of Units Led by One of the Company’s Largest Institutional Shareholders

Retrieved on:

Tuesday, November 14, 2023

In connection with the Offering, the Company issued an aggregate of 66,666,667 units of the Company (the “Units”) at a price of US$0.45 per Unit for aggregate gross proceeds of US$30 million.

Key Points:

In connection with the Offering, the Company issued an aggregate of 66,666,667 units of the Company (the “Units”) at a price of US$0.45 per Unit for aggregate gross proceeds of US$30 million.
Each Unit is comprised of one common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”).
With the current financing, led by one of the Company’s largest institutional shareholders, and a combination of the Company's current cash position, current at-the-market offering and assuming exercise in full of the Warrants issued as part of the Units, the Company has access to over US$100 million.
A.G.P./Alliance Global Partners acted as the sole book-running manager for the Offering.

DeFi Technologies Inc. Announces Strategic Acquisition of Leading Solana Trading Systems IP

Retrieved on:

Monday, December 18, 2023

Strategic Acquisition: DeFi Technologies Inc. has completed an agreement to acquire intellectual property ("IP") central to the Solana blockchain, aligning with its strategic goal to enhance its presence in the Solana ecosystem.

Key Points:

Strategic Acquisition: DeFi Technologies Inc. has completed an agreement to acquire intellectual property ("IP") central to the Solana blockchain, aligning with its strategic goal to enhance its presence in the Solana ecosystem.
Enhancing Trading Solutions: This IP is specifically tailored for the Solana-focused trading desk, a collaboration between DeFi Technologies and Valour Inc., aimed at elevating their trading solutions on the high-performance Solana platform.
This Acquisition marks a significant milestone in DeFi Technologies' expansion strategy, focusing on enhancing its offerings in the Solana ecosystem.
Post-acquisition, DeFi Technologies plans to expand its team and intensify its efforts in DeFi trading, development, and governance, specifically in areas relating to the newly acquired IP.

Cybin Announces up to US$64 Million Offering of Units

Retrieved on:

Friday, November 10, 2023

Approximately US$30 million will be funded in full upon the closing of the Offering, and up to an additional US$34 million may be funded upon full exercise of the Warrants (as defined below).

Key Points:

Approximately US$30 million will be funded in full upon the closing of the Offering, and up to an additional US$34 million may be funded upon full exercise of the Warrants (as defined below).
Each Unit will be comprised of one common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”).
A.G.P./Alliance Global Partners is acting as the sole book-running manager for the Offering.
The Company intends to use the net proceeds from the Offering for the progression of the Company’s CYB003 and deuterated DMT programs, and for general corporate and working capital purposes.

The Cannabist Company Holdings Inc. Announces Voting Results of Annual General and Special Meeting of Shareholders

Retrieved on:

Thursday, November 9, 2023

Tobacco, Cannabis, Specialty, Other Natural Resources, Biotechnology, Alternative Medicine, Pharmaceutical, Health, Retail, Natural Resources, FSE, NEO, Holding company

The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that, at the annual general and special meeting (the “Meeting”) of shareholders of the Company (“Shareholders”) that was held on Wednesday, November 8, 2023, all nine nominees for the board of directors of the Company were elected, the voting results of which are as follows:

Key Points:

The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that, at the annual general and special meeting (the “Meeting”) of shareholders of the Company (“Shareholders”) that was held on Wednesday, November 8, 2023, all nine nominees for the board of directors of the Company were elected, the voting results of which are as follows:

Hiring Outlooks Continue to Moderate Post-Pandemic While Talent Shortages Persist

Retrieved on:

Tuesday, December 12, 2023

Research, NYSE, Engineering, Organization, ManpowerGroup, Workforce, Artificial intelligence, Traction, NEO, Real estate, Marketing, Employment, Finance, Czech Republic, AI, Special Operations Logistics Squadron, Textile, Creative industries, Airline

MILWAUKEE, Dec. 12, 2023 /PRNewswire/ -- Employers anticipate measured hiring in the first quarter of 2024, while persistent talent shortages continue to impede hiring efforts, according to the latest ManpowerGroup (NYSE: MAN) Employment Outlook Survey. The research is based on data collected from more than 40,000 employers in 41 countries between October 1 to October 31, 2023. The Net Employment Outlook (NEO) for Q1 is 26%, up +3% year-over-year, but down -4% from last quarter.

Key Points:

The research is based on data collected from more than 40,000 employers in 41 countries between October 1 to October 31, 2023.
The Net Employment Outlook (NEO) for Q1 is 26%, up +3% year-over-year, but down -4% from last quarter.
"As companies continue to transform their business models, many are holding onto the talent they have, and struggling to find the new talent they need.
The next survey will be released in March and will report hiring expectations for the second quarter of 2024.

DeFi Technologies Subsidiary Valour Inc. Hits $421M CAD AUM, Record $13.6M CAD Daily Turnover, Wins at XENIX Awards

Retrieved on:

Monday, December 11, 2023

Significant Daily Turnover Achievement: The company also achieved a notable daily turnover on December 8th, surpassing $13.6 million CAD in both certificates and ABS, showcasing its strong market presence and investor engagement.

Key Points:

Significant Daily Turnover Achievement: The company also achieved a notable daily turnover on December 8th, surpassing $13.6 million CAD in both certificates and ABS, showcasing its strong market presence and investor engagement.
The XENIX ETF AWARDS Germany 2024, hosted by XENIX, a provider of qualitative ETF ratings, celebrated the achievements of pioneers in the ETF sector.
Secondly, Valour witnessed a daily turnover surpassing $13.6 million CAD on December 8th in both certificates and ABS, reflecting robust market engagement and investor confidence.
Our achievements, from these significant financial milestones to receiving prestigious recognition at the XENIX Awards, are a testament to our relentless pursuit of innovation and excellence.

DeFi Technologies Presents at Singular Research's Best of the Uncovereds Conference in San Francisco

Retrieved on:

Thursday, December 7, 2023

Singular, The Company, NEO, OTC, Cryptocurrency, Video game

TORONTO, Dec. 7, 2023 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DEFI") (NEO: DEFI) (GR: R9B) (OTC: DEFTF), a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralised finance, announces its participation in the prestigious Singular Research's Best of the Uncovereds conference.

Key Points:

TORONTO, Dec. 7, 2023 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DEFI") (NEO: DEFI) (GR: R9B) (OTC: DEFTF), a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralised finance, announces its participation in the prestigious Singular Research's Best of the Uncovereds conference.
The event is set to take place in San Francisco on Thursday, December 7, 2023, from 8:30 AM to 5:00 PM PST.
We cordially invite investors, analysts, and enthusiasts to join us for a live stream of Track 1 of the conference.
DeFi Technologies is scheduled to present at 1:00 PM PST, offering insights into our latest developments and strategic direction.

Garmin unveils the Tacx NEO 3M: A powerful indoor smart trainer with multidirectional movement

Retrieved on:

Thursday, December 7, 2023

Calibration, NYSE, Tacx Pro Classic, ERG, Vibration, Smartphone, Blog, NEO, LED, Friends, Connect2, Sensation, Athlete, GRMN, Life, Transport, Road, Satellite navigation device, Garmin

OLATHE, Kan., Dec. 7, 2023 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the Tacx® NEO 3M, its most accurate and powerful direct-drive trainer with multidirectional movement to take riding performance to the next level. The newest indoor smart trainer adds integrated motion plates to let cyclists enjoy a more comfortable and realistic ride. The Tacx NEO 3M also builds on its innovative electromagnetic motor braking system to deliver a virtual flywheel that allows cyclists to experience the feeling of riding on different road types and even downhill. Plus, it seamlessly integrates with the Tacx Training™ app so cyclists can complete training plan workouts synced over from their Garmin Connect™ calendar, participate in virtual GroupRides, take part in training rides with WorldTour pros and experience immersive videos from some of the most beautiful routes and locations around the world1,2.

Key Points:

OLATHE, Kan., Dec. 7, 2023 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the Tacx® NEO 3M , its most accurate and powerful direct-drive trainer with multidirectional movement to take riding performance to the next level.
The newest indoor smart trainer adds integrated motion plates to let cyclists enjoy a more comfortable and realistic ride.
"Our goal is to make indoor training as realistic to their outdoor rides as possible and we're proud to do just that with the introduction of the Tacx NEO 3M—the only trainer to offer built-in multidirectional movement, a virtual flywheel and a magnet motor.
Cyclists can redeem a free, three-month premium subscription to the Tacx Training app with the purchase of a NEO 3M.

NEO Semiconductor Releases Technology CAD (TCAD) Simulation Data for Ground-Breaking 3D X-DRAM

Retrieved on:

Wednesday, December 6, 2023

Interest, SAN, DRAM, NEO, FBC, NAND, TCAD, Memory, 3D, IMW, 3D NAND, 3D printing, Computer data storage, South Korea

SAN JOSE, Calif., Dec. 6, 2023 /PRNewswire/ -- NEO Semiconductor, a leading developer of innovative technologies for 3D NAND flash and DRAM memory, today announced findings of 3D X-DRAM™ simulations. Semiconductor manufacturers and engineers use TCAD to simulate emerging technologies and optimize new products.

Key Points:

"We use these same tools to create models and run simulations demonstrating the feasibility of adopting 3D X-DRAM technology to bring 3D DRAM products to market."
3D X-DRAM uses innovative Floating Body Cell (FBC) technology with one transistor and zero capacitors for each data bit.
A simple 3D structure makes 3D X-DRAM less risky and costly than 3D DRAM alternatives.
NEO estimates 3D X-DRAM achieves 128 Gb density with 230 layers—4 times better than 2D DRAM.