AUD

Deleno IFC: Providing $5 Million Relief Fund to Help Rebuild Homes for Hawaii's Maui Island Fire Victims

Retrieved on: 
Tuesday, October 3, 2023

As of now, this fire has resulted in over 1,200 people missing, thousands displaced, and 111 fatalities.

Key Points: 
  • As of now, this fire has resulted in over 1,200 people missing, thousands displaced, and 111 fatalities.
  • Large parts of Lahaina, a historic tourist town and the former capital of the Kingdom of Hawaii, have been consumed by the flames.
  • Almost all visible structures in the area have been incinerated or damaged, leaving behind a landscape of ruins, erasing the once vibrant community.
  • Simultaneously, we will closely monitor the fund allocation process, establish strict rescue details, and collaborate with the post-disaster relief and reconstruction team of the Hawaii government.

VivoPower International PLC Reports Financial Results for the Fiscal Year Ended June 30, 2023

Retrieved on: 
Monday, October 2, 2023

Martin ex-solar sale, investment from UAE

Key Points: 
  • Martin ex-solar sale, investment from UAE
    LONDON, Oct. 02, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) (“VivoPower,” the “Company”) today announced its results for the fiscal year ended June 30, 2023.
  • A reconciliation of IFRS (“International Financial Reporting Standards”) to non-IFRS financial measures has been provided in the financial statement table included in this press release.
  • An explanation of these measures is also included below, under the heading “About Non-IFRS Financial Measures.”
    Executive Chairman, Kevin Chin noted “The financial year ended June 30, 2023 was challenging.
  • As always, the VivoPower team remains focused on achieving its medium to long term strategic, financial and impact goals.”

Finacity Facilitates the Upsize and Expansion of an Existing Receivables Securitization Program for Swissport International AG

Retrieved on: 
Monday, October 2, 2023

STAMFORD, Conn., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully closed an upsize and expansion of its existing $75 million IFRS off-balance sheet receivables securitization program to $100 million for Swissport International AG (“Swissport”), headquartered in Opfikon, Switzerland.

Key Points: 
  • STAMFORD, Conn., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully closed an upsize and expansion of its existing $75 million IFRS off-balance sheet receivables securitization program to $100 million for Swissport International AG (“Swissport”), headquartered in Opfikon, Switzerland.
  • The expansion focuses on adding Swissport’s subsidiaries located in Switzerland.
  • The program now provides liquidity to Swissport in the U.S., Australia, and Switzerland with funding in three currencies: USD, AUD, and CHF.
  • Finacity has provided origination, analytic and structuring support and serves as the ongoing Administrator and provider of reporting services for the program.

Audacy Provides Capital Structure Update

Retrieved on: 
Monday, October 2, 2023

Audacy, Inc. (NYSE: AUD; OTC: AUDA) (the “Company” or “Audacy”) today provided an update on its ongoing discussions with lenders to refinance its debt and optimize the Company’s balance sheet to position the Company for long-term growth, capitalizing on its scaled leadership position across the audio market.

Key Points: 
  • Audacy, Inc. (NYSE: AUD; OTC: AUDA) (the “Company” or “Audacy”) today provided an update on its ongoing discussions with lenders to refinance its debt and optimize the Company’s balance sheet to position the Company for long-term growth, capitalizing on its scaled leadership position across the audio market.
  • Audacy intends to utilize the 30-day grace period to continue its dialogue with lenders regarding a potential plan to strengthen its capital structure to support Audacy’s strong operating business and position Audacy for long-term growth.
  • Audacy’s decision does not impact any of its business operations or obligations to advertisers, employees, suppliers or other stakeholders.
  • Audacy continues to focus on growing and enhancing its capabilities as a leading, multi-platform audio content and entertainment company.

Adial Pharmaceuticals to Host a Virtual Key Opinion Leader Webinar to Discuss the Unmet Need in Alcohol Use Disorder

Retrieved on: 
Thursday, September 28, 2023

CHARLOTTESVILLE, Va., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Adial Pharmaceuticals, Inc. (NASDAQ: ADIL) (“Adial” or the “Company”), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, today announced that on October 4, 2023, at 2:15 p.m. Eastern Time, it will be hosting a LinkedIn Live Key Opinion Leader (KOL) webinar to discuss AUD, the current treatment landscape, and the need for non-abstinence-based therapeutics.

Key Points: 
  • The webinar will be a panel discussion between leading experts in the addiction field - Joseph Volpicelli, M.D., Ph.D, and Jonathan Hunt-Glassman, MBA - and moderated by Brookline Capital Senior Analyst and Director of Research, Kemp Dolliver.
  • Dr. Volpicelli is the Executive Director and founder of the Volpicelli Center for Addiction.
  • Dr. Volpicelli is a featured author of over 100 academic publications and two of his own books on addiction treatment.
  • He has over 17 years of experience in the healthcare industry, including UnitedHealth and Humana.

Hydrostor Enters Agreement with Perilya to Support Construction of Large Scale Long Duration Energy Storage Using Existing Mine Assets

Retrieved on: 
Wednesday, September 27, 2023

MELBOURNE, AUSTRALIA, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Hydrostor, a global long duration energy storage (LDES) developer and operator, and Perilya, a developer and operator of global mining projects, have entered into a binding agreement to leverage the existing mining assets at Perilya’s Potosi Mine in Broken Hill to support the construction of the Silver City Energy Storage (SCES) Project.

Key Points: 
  • MELBOURNE, AUSTRALIA, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Hydrostor, a global long duration energy storage (LDES) developer and operator, and Perilya, a developer and operator of global mining projects, have entered into a binding agreement to leverage the existing mining assets at Perilya’s Potosi Mine in Broken Hill to support the construction of the Silver City Energy Storage (SCES) Project.
  • Perilya Broken Hill Limited and Hydrostor have been working together since 2020 to evaluate the potential of a large-scale long duration energy storage project adjacent to the Potosi Mine northeast of Broken Hill, NSW, which will continue to operate as normal.
  • Martin Becker, Hydrostor’s Vice President of Business Development and Origination in Australia said “Hydrostor is excited to partner with Perilya on this unique and critical infrastructure project.
  • The Project will provide reliable backup power for both the town and existing or new mining activities in the region.

Former Allkem Chairman Martin Rowley Joins Atlas Lithium as Lead Strategic Advisor

Retrieved on: 
Tuesday, September 26, 2023

BOCA RATON, Fla., Sept 26, 2023 - (ACN Newswire) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company") is pleased to announce the appointment of Mr. Martin Rowley as the Company's Lead Strategic Advisor.

Key Points: 
  • BOCA RATON, Fla., Sept 26, 2023 - (ACN Newswire) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company") is pleased to announce the appointment of Mr. Martin Rowley as the Company's Lead Strategic Advisor.
  • In fact, Mr. Rowley has earned the rare distinction of starting and growing two prominent multi-billion-dollar companies, one in lithium and the other in copper.
  • Mr. Rowley then became Chairman of Galaxy Resources Ltd after it merged with Lithium One, adding the Mt.
  • Martin Rowley commented, "Atlas Lithium appealed to me as a company focused on strong execution rather than marketing hype.

Vast Receives Equity Commitment for up to USD $10 Million From Canberra Airport Group

Retrieved on: 
Thursday, September 21, 2023

Vast Solar Pty Ltd (Vast), a world-leader in concentrated solar thermal power (CSP) energy systems, today announced that it has entered into a subscription agreement with Canberra Airport Group (Canberra Airport) to purchase up to USD $10 million of Vast ordinary shares at an approximate price of USD10.20 per share through an investment vehicle.

Key Points: 
  • Vast Solar Pty Ltd (Vast), a world-leader in concentrated solar thermal power (CSP) energy systems, today announced that it has entered into a subscription agreement with Canberra Airport Group (Canberra Airport) to purchase up to USD $10 million of Vast ordinary shares at an approximate price of USD10.20 per share through an investment vehicle.
  • The agreement is subject to closing of the previously announced business combination between Vast and Nabors Energy Transition Corp. (NETC).
  • Canberra Airport’s investment recognises the potential for Vast’s technology to be used to produce low-cost sustainable aviation fuels, a key challenge for the aviation industry as it aims to achieve decarbonisation targets.
  • USD $5 million of Canberra Airport’s commitment will serve as a backstop for subsequent capital raised by Vast from additional third-party debt or equity financing sources and is subject to a nominal commitment fee.

HSBC UK partners with Nova Credit to become first UK bank to offer newcomers option to include international credit history when applying for a credit card

Retrieved on: 
Monday, September 18, 2023

“Opening a credit card and building credit is an important step when setting up life in a new country.

Key Points: 
  • “Opening a credit card and building credit is an important step when setting up life in a new country.
  • Access credit faster: leverage credit history built up overseas, using Nova Credit’s Nova Passport technology, to start a positive credit history in the UK on arrival.2
    3.
  • More information on HSBC UK’s international banking services: www.hsbc.co.uk/international/
    Images available: Screenshot of credit card application journey on mobile and image of an HSBC UK credit card.
  • International Credit Decisioning (ICD) has been available from March 2023 in the UK, enabling credit history transfer from 12 countries for HSBC UK credit card applications.

FENDER RESPONDS TO PLAYER DEMAND FOR VINTAGE STYLE IN THE MODERN ERA WITH ALL-NEW VINTERA II SERIES

Retrieved on: 
Tuesday, September 19, 2023

HOLLYWOOD, Calif., Sept. 19, 2023 /PRNewswire/ -- Fender Musical Instruments Corporation (FMIC) today announces the launch of the Vintera II Series. This latest addition to Fender's historic portfolio of electric guitars marks a significant update to the original debut of the Vintera Series. This new line of vibrant and highly playable guitars pay homage to the iconic Strat® and Tele® guitars of the 50s, 60s and 70s while simultaneously nodding to some of the rare gems that have studded the Fender lineup such as the Mustang® and Bass VI. To celebrate the new series, Fender is debuting a full creative campaign that captures the nostalgic style and sound of the "golden age" of Fender and highlights vintage-inspired takes on fan-favorite models. The campaign will also feature an all-star roster of multigenerational artists including noise-rock trailblazer Thurston Moore and The Revolution's Wendy Melvoin, as well as indie phenom Snail Mail and Grammy-winner Madison Cunningham, as well as era-inspired artists vignettes and more.  

Key Points: 
  • Introducing the Vintera II Series: era-correct classics and cult faves from the 50s, 60s & 70s.
  • Creatively, these pieces are a tip of the cap to the past — while still remaining firmly grounded in the contemporary.
  • The campaign will be tied together with a hero video featuring six chapters, highlighting the different eras the Vintera II Series pulls inspiration from, including the individual models from that decade, all showing how the series encapsulates "vintage style for the modern era."
  • Under the hood, the vintage-style early '60s single-coil pickups deliver the iconic Fender sound: warm, woody, dynamic and powerful.