Income share agreement

CuraScientific Discloses Cal Care Grp Acquisition and Financial Data

Retrieved on: 
Tuesday, May 30, 2023
Share, Share (finance), Anxiety, Income share agreement, Acquisition, OTC, CSTF, Security (finance)

The Company filed an 8-K/A on October 24, 2022, stating that on October 1, 2022, Boon Industries, Inc. (the “Company”), entered into a Share Exchange Agreement, with Cal Care Grp, Inc. (“Cal Care”), and William Reed, as the sole shareholder of Cal Care (the “Share Agreement”).

Key Points: 
  • The Company filed an 8-K/A on October 24, 2022, stating that on October 1, 2022, Boon Industries, Inc. (the “Company”), entered into a Share Exchange Agreement, with Cal Care Grp, Inc. (“Cal Care”), and William Reed, as the sole shareholder of Cal Care (the “Share Agreement”).
  • Cal Care Grp, Inc. is a licensed delivery and distribution company with locations in Southern and Northern California doing business as JW Brands, LLC.
  • Accordingly, the financial data for the company which will include the revenue for Cal Care Grp Inc. will be prepared by the auditor for the second quarter for the period ending June 30, 2023.
  • The unaudited financial data for Cal Care Grp will include the gross revenues for the fourth quarter ending 12/31/2022 and first quarter ending 3/31/2023 to be $284,132.25 and $354,484.00, respectively.

Bee Vectoring Technologies Closes Non-Brokered Private Placement, Enters into Sharing Agreement and Closes Concurrent Private Placement

Retrieved on: 
Tuesday, July 12, 2022
Benchmark, Income share agreement, Goal, Sale, MI, ISDA, News, TSX, Private placement, BVT, Bee, Environment, Company, Risk, CEO, CSE, EPA, Warrant, Time, ISDA Master Agreement, Minority, Benchmark price, Private, Stock dilution, Soil, Research, Growth, Prospectus, Health, Dendrite International, Inc. v. Doe No. 3, Exercise, YTD, CVE, Crop protection, Security (finance), Health insurance, Sorbie, Share (finance), Note, Unit

The proceeds of the Sorbie Private Placement were used to acquire government bonds in connection with the Company and Sorbie entering into the Sharing Agreement (as defined below), which is described in more detail below.

Key Points: 
  • The proceeds of the Sorbie Private Placement were used to acquire government bonds in connection with the Company and Sorbie entering into the Sharing Agreement (as defined below), which is described in more detail below.
  • The Company issued the following securities to Sorbie in connection with the Sorbie Private Placement:
    11,176,471 Units issued at a price of $0.17 per Unit.
  • Concurrently with closing the Private Placement, the Company entered into certain hedging arrangements with Sorbie governed by an ISDA Master Agreement dated July 11, 2022 and a sharing agreement dated July 11, 2022 (the "Sharing Agreement").
  • The Company is also pleased to announce that it has closed a concurrent private placement of 1,556,470 Units (the "Concurrent Private Placement") for gross proceeds of $264,600 on July 11, 2022, with the Units having the same terms as the Units issued pursuant to the Sorbie Private Placement.

DGAP-News: tokentus investment AG: Investment Nayms becomes the world's first crypto insurance platform to receive full regulation

Retrieved on: 
Tuesday, May 17, 2022
AG, Risk, Frankfurt, ISIN, Environment, Investment, Contract, Income share agreement, Securities Act of 1933, Regulation, Federal republic, Industry, XETRA, Blockchain, Communication, Technology, Digital asset, WKN, Ticker, Person, Bermuda Monetary Authority, Achievement, CEO, Security (finance), Cryptocurrency, Insurance

Frankfurt am Main, 17 May 2022 - Frankfurt-based tokentus investment AG ("tokentus", ISIN: DE000A3CN9R8; WKN: A3CN9R; symbol: 14D) announces that its investment Nayms - an innovative platform that enables crypto investors to reinsure crypto risks - has become the world's first crypto insurance marketplace to receive full Digital Asset and Insurance regulation in Bermuda.

Key Points: 
  • Frankfurt am Main, 17 May 2022 - Frankfurt-based tokentus investment AG ("tokentus", ISIN: DE000A3CN9R8; WKN: A3CN9R; symbol: 14D) announces that its investment Nayms - an innovative platform that enables crypto investors to reinsure crypto risks - has become the world's first crypto insurance marketplace to receive full Digital Asset and Insurance regulation in Bermuda.
  • Nayms has been testing its technology extensively in the Bermuda Monetary Authority's so-called insurance regulation sandbox over the past two years.
  • The regulation gives Nayms access to the global market of insurance providers, who can now operate under Nayms' regulatory structure.
  • This shows once again the innovative power in the crypto market," says Oliver Michel, CEO of tokentus investment AG.

Vemo Co-Founder Joins Stride Funding to Lead Operations, Along with Executives from Discover Financial, Federal Reserve, and OneMain Holdings

Retrieved on: 
Monday, April 4, 2022
Liberty Mutual, Pleasure, Leadership, National Foundation for Credit Counseling, Origin (service), Sallie Mae, ISAS, Eastern Bank, JPMorgan Chase, OneMain Financial, Growth, Compliance, Conservation in the United Kingdom, Bridge (nautical), Federal Reserve, Federal Reserve Bank, Financial technology, ECOA, CEO, Senior, Science and technology in Asia, Goldman Sachs, Chief analytics officer, Industry, Title IV, Loan origination, Credit counseling, Income share agreement, Student, Income, Federal Reserve Bank of Boston, Credit, Discover Financial, Loss mitigation, ISA, Education, NFCC, Collection, Management, Tutoring, Bank, Stride, Operation

BOSTON, April 4, 2022 /PRNewswire/ -- Vemo Education (Vemo) co-founder and former Senior Vice President of Originations & Servicing, Renée Mang, has joined Stride Funding, Inc. (Stride) as the company's Vice President of Operations. The award-winning startup, which provides flexible, affordable alternative funding products for students in higher education and alternative education programs, has added four new industry leaders to its executive team with a combined near 100 years of experience across Sallie Mae, National Foundation for Credit Counseling (NFCC), Discover Financial Services, Eastern Bank, OneMain Financial, and more.

Key Points: 
  • "I'm thrilled to be joining the team at Stride.
  • I look forward to growing the best-in-class education funding company driving access and affordability every step of the way."
  • Stride Funding Inc. is a mission-driven company that helps students hit their stridewith flexible educational funding.
  • GSV Ventures , Slow Ventures , Strada Education , Juvo Ventures , Firework Ventures , and Flybridge amongst others have participated in previous funding rounds.

NEW YORK DISTRICT COURT COMPELS ARBITRATION OF CLAIMS BY OUTRIDER MANAGEMENT AGAINST ARGENTEM CREEK

Retrieved on: 
Tuesday, February 15, 2022
Lawyer, Outrider, New York State Courts Electronic Filing System, Court, Income share agreement, Online gambling, Practice of law

NEW YORK, Feb. 15, 2022 /PRNewswire/ -- A federal judge in New York on February 10 granted the Argentem parties motion to compel arbitration against plaintiff Outrider thereby dismissing them from Kazakhstan's litigation against U.S. investors.

Key Points: 
  • NEW YORK, Feb. 15, 2022 /PRNewswire/ -- A federal judge in New York on February 10 granted the Argentem parties motion to compel arbitration against plaintiff Outrider thereby dismissing them from Kazakhstan's litigation against U.S. investors.
  • The Court also granted the motion by Kazakhstan to remand the case to New York State Court where Argentem's motion to dismiss Kazakhstan's claims will be decided.
  • After specifically noting the number of times the award has been confirmed despite Kazakhstan's fraud allegations, including in the United States and Sweden, the Court held that Argentem "can raise any motion to dismiss Kazakhstan's claims in the state court."
  • After removing the case to NY federal court, lawyers for Argentem Creek subsequently filed a motion to compel Outrider into arbitration based upon a clear arbitration provision in that Sharing Agreement.

Hailiang Education To Provide Education and Management Services to Two Public Schools Located in Longkou, Shandong Province and Jingdong, Yunnan Province

Retrieved on: 
Thursday, September 23, 2021
HLG, Form 20-F, Annual report, Gu Hailiang, Peking University, Student, U.S. Securities and Exchange Commission, Software, SEC, Phrase, Agreement, Marketing, School, Education, Longkou, Company, Program, University, Private Securities Litigation Reform Act, Growth, Income share agreement, Olympiad, Awareness, Beauty, History, Forward-looking statement, Intellectual property, Tsinghua University, National Southwestern Associated University, Nasdaq, Management, Medicine, Tutoring

Longkou No.1 Middle School was founded in 1892 and is located in Longkou City, Shandong Province, China.

Key Points: 
  • Longkou No.1 Middle School was founded in 1892 and is located in Longkou City, Shandong Province, China.
  • It is one of the earliest public secondary schools in the Jiaodong area, with over a century of history.
  • Founded in 1924, Jingdong No.1 Middle School is located in Jingdong Yi Autonomous County, Pu'er City, Yunnan Province, China.
  • Dr. Junwei Chen, Chairman and Chief Executive Officer of Hailiang Education, commented, "the cooperation with these two schools indicates the first time for Hailiang Education to provide education and management services to public high schools.