Workforce Investment Act of 1998

invoX Pharma Increases Investment in pHion Therapeutics to Further Develop Next Generation of mRNA Vaccines

Retrieved on: 
Thursday, June 1, 2023
Biotechnology, Health, Pharmaceutical, Clinical Trials, Oncology, Nanoparticle, Workforce Investment Act of 1998, Infection, Cancer, Temperature, Prostate, Dicarboxylic acid, Messenger, CD8, SaRNA, Sino Biopharmaceutical Limited, HKEX, Trust, HPV-positive oropharyngeal cancer, Patient, RALA, HPV, Growth, Cervical cancer, Therapy, Vaccine

invoX Pharma Limited (“invoX”), a U.K.-based wholly-owned subsidiary of Sino Biopharmaceutical Limited (“Sino Biopharm”) (HKEX 1177 HK) with an advancing pipeline of innovative products, today announced that it has completed a second tranche of investment in pHion Therapeutics (“pHion”), a next-generation mRNA vaccine company.

Key Points: 
  • invoX Pharma Limited (“invoX”), a U.K.-based wholly-owned subsidiary of Sino Biopharmaceutical Limited (“Sino Biopharm”) (HKEX 1177 HK) with an advancing pipeline of innovative products, today announced that it has completed a second tranche of investment in pHion Therapeutics (“pHion”), a next-generation mRNA vaccine company.
  • The company’s proprietary RALA platform can deliver anionic molecules such as mRNA and saRNA in a stealth-like way, evading detection, to generate a potent antigen-specific CD8+ T-cell response.
  • Prof. Helen McCarthy, Chief Executive Officer and Founder of pHion, said:
    “At pHion Therapeutics, it is our mission to pioneer next generation, first-in-class vaccines for infectious disease and oncology through stealth-like delivery of mRNA.
  • We look forward to seeing PTX_V1 reach the clinic and supporting this program into the next stages of its development.”

Ownership America Applauds the Bipartisan, Bicameral Introduction of the Employee Equity Investment Act

Retrieved on: 
Wednesday, May 17, 2023
Medicine, Small business, Employee Stock Ownership Plan, Senate, Public policy, American Affairs, Workforce Investment Act of 1998, Workplace, National Association of Women Business Owners, Policy, American Dream, ESOP, NAWBO, Retirement, Oren Cass, National Cooperative Business Association, Aspen Institute, Growth, Research, SBIC, National Association, Woman, House, EIG, Female, Commerce, Legislation, Airline, Bank, Pharmaceutical industry, Cryptocurrency, Management, Entrepreneurship

CAMBRIDGE, Mass., May 17, 2023 /PRNewswire/ -- Ownership America applauds the bipartisan, bicameral introduction of the Employee Equity Investment Act (EEIA), which is expected to significantly accelerate the growth of employee ownership over the next two decades. The EEIA would create an investment facility within the existing SBA Small Business Investment Company (SBIC) program designed to mobilize private investment towards creating, growing, and sustaining employee-owned businesses. The program would operate at no subsidy cost to the taxpayer and would also remove contracting barriers for employee-owned businesses.

Key Points: 
  • CAMBRIDGE, Mass., May 17, 2023 /PRNewswire/ -- Ownership America applauds the bipartisan, bicameral introduction of the Employee Equity Investment Act (EEIA), which is expected to significantly accelerate the growth of employee ownership over the next two decades.
  • "The Employee Equity Investment Act reflects a bipartisan commitment to building a more competitive, resilient, and broadly prosperous American economy," said Ownership America Founder and Executive Director Jack Moriarty .
  • The Employee Equity Investment Act would create substantial benefits for workers and local economies by making a transition to employee ownership more efficient for small and medium-sized businesses.
  • "The Employee Equity and Investment Act (EEIA) will catalyze employee ownership for business owners who want to do right by their employees by removing a key barrier in the financing process on the pathway to employee ownership.

Viasat's Proposed Acquisition of Inmarsat Receives Unconditional Clearance From UK's Competition and Markets Authority

Retrieved on: 
Tuesday, May 9, 2023
CMA, Workforce Investment Act of 1998, VSAT, Competition and Markets Authority, Government, Inmarsat, Competition, Committee, Acquisition, Foreign Investment Review Board, Foreign investment, Viasat (American company), FIRB, Committee on Foreign Investment in the United States, National Security and Investment Act 2021, Cryptocurrency, Viasat

This decision is an important milestone towards completion of the deal.

Key Points: 
  • This decision is an important milestone towards completion of the deal.
  • I appreciate the extensive review by the CMA to review this transaction and thank them for their efforts."
  • Rajeev Suri, Chief Executive Officer at Inmarsat, said: "Today's decision by the CMA to clear the Viasat-Inmarsat deal is hugely significant for the UK's space ambitions and customers everywhere.
  • The companies will continue to work through other regulatory approvals and update on transaction close timing as those processes continue.

EQS-News: Fifth exit in 2023: Mutares has signed an agreement to sell Special Melted Products to Cogne Acciai Speciali for an enterprise value of approximately EUR 180 million

Retrieved on: 
Friday, May 5, 2023
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, ATI, Regulated market, Workforce Investment Act of 1998, Frankfurt Stock Exchange, Allegheny Technologies, SMP, History, Stainless steel, Sale, MUX, NSIA, EUR, Superalloy, HQ, Acquisition, Aerospace, Supervisory board, ISIN, CAS, National Security and Investment Act 2021, Growth, CIO, Mutares

Munich, 5 May 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to sell its portfolio company Special Melted Products Ltd. (SMP) to Cogne Acciai Speciali S.p.A. (CAS).

Key Points: 
  • Munich, 5 May 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to sell its portfolio company Special Melted Products Ltd. (SMP) to Cogne Acciai Speciali S.p.A. (CAS).
  • Taking into account deductible items, variable compensation and transaction costs, the company expects an inflow in the three-digit million range of up to EUR 150 million.
  • Cogne Acciai Speciali is a leading global supplier of stainless steel long products and nickel alloys.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.

invoX Pharma Completes Acquisition of F-star Therapeutics, Inc.

Retrieved on: 
Thursday, March 9, 2023
Oncology, Health, Other Health, General Health, Clinical Trials, Pharmaceutical, Biotechnology, Committee on Foreign Investment in the United States, PD-1, P.C, Committee, Morgan Stanley, Tax, Acquisition, Lung cancer, DLBCL, Shearman & Sterling, Foreign investment, Mills & Reeve, Head, HKEX, Secretary of State of Delaware, Patient, NSCLC, Financial Instruments and Exchange Act, Milbank, Delaware General Corporation Law, Immunotherapy, Eastern Time Zone, B-cell lymphoma, LLP, Workforce Investment Act of 1998, DGCL, Pharmaceutical industry, Security (finance), Sino Biopharmaceutical Limited

The Company also has further earlier clinical studies underway with patients in both geographies.

Key Points: 
  • The Company also has further earlier clinical studies underway with patients in both geographies.
  • Most importantly, it provides the capital to ensure patients enrolled in F-star’s clinical studies will continue to have access to potentially life-saving therapies.
  • After expiration of the tender offer on March 8, 2023, invoX completed the acquisition of F-star through a merger under Section 251(h) of the General Corporation Law of the State of Delaware (the “DGCL”).
  • Shearman & Sterling LLP and Milbank LLP served as legal counsel to invoX and Sino Biopharm, and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

Viasat and Inmarsat Receive Approval for Proposed Combination from Australia's Foreign Investment Review Board

Retrieved on: 
Tuesday, October 18, 2022
LinkedIn, Uncertainty, Committee on Foreign Investment in the United States, Foreign Investment and National Security Act of 2007, Logic, UK Government Decontamination Service, Risk, Government, Aircraft, Growth, Efficiency, IOT, Australian government debt, YouTube, Foreign Investment Review Board, Annual report, NASDAQ, National, Aviation, Twitter, Instagram, Securities Act of 1933, Facebook, Technology, National Security and Investment Act 2021, UK, VSAT, Company, Acquisition, Industry, Workforce Investment Act of 1998, FIRB, Foreign investment, CEO, Committee, Internet, Nature, Social media, Securities Exchange Act of 1934, Safety, Environment, Forward-looking statement, Failure, Atmosphere, Takeover, COVID-19, Viasat (American company), Anomaly, Online gambling, Renewable energy, Bank, Viasat, Inmarsat

FIRB's clearance of Viasat's proposed acquisition of Inmarsat under the Foreign Acquisitions and Takeovers Act 1975 is the latest approval for the transaction.

Key Points: 
  • FIRB's clearance of Viasat's proposed acquisition of Inmarsat under the Foreign Acquisitions and Takeovers Act 1975 is the latest approval for the transaction.
  • Mark Dankberg, CEO and executive chairman of Viasat, said: "We're delighted to secure approval from the Australian Government.
  • Rajeev Suri, Inmarsat CEO, added: "Approval by Australia's Foreign Investment Review Board is a welcome further endorsement of the sound competitive logic behind the transaction.
  • Forward-looking statements include statements that refer to the scale, capabilities and scope of, and benefits provided by, the proposed combination ofViasatand Inmarsat.

Viasat and Inmarsat Receive Approval for Proposed Combination from Australia's Foreign Investment Review Board

Retrieved on: 
Tuesday, October 18, 2022
LinkedIn, Uncertainty, Committee on Foreign Investment in the United States, Foreign Investment and National Security Act of 2007, Logic, UK Government Decontamination Service, Risk, Government, Aircraft, Growth, Efficiency, IOT, Australian government debt, YouTube, Foreign Investment Review Board, Annual report, NASDAQ, National, Aviation, Twitter, Instagram, Securities Act of 1933, Facebook, Technology, National Security and Investment Act 2021, UK, VSAT, Company, Acquisition, Industry, Workforce Investment Act of 1998, FIRB, Foreign investment, CEO, Committee, Internet, Nature, Social media, Securities Exchange Act of 1934, Safety, Environment, Forward-looking statement, Failure, Atmosphere, Takeover, COVID-19, Viasat (American company), Anomaly, Online gambling, Renewable energy, Bank, Viasat, Inmarsat

FIRB's clearance of Viasat's proposed acquisition of Inmarsat under the Foreign Acquisitions and Takeovers Act 1975 is the latest approval for the transaction.

Key Points: 
  • FIRB's clearance of Viasat's proposed acquisition of Inmarsat under the Foreign Acquisitions and Takeovers Act 1975 is the latest approval for the transaction.
  • Mark Dankberg, CEO and executive chairman of Viasat, said: "We're delighted to secure approval from the Australian Government.
  • Rajeev Suri, Inmarsat CEO, added: "Approval by Australia's Foreign Investment Review Board is a welcome further endorsement of the sound competitive logic behind the transaction.
  • Forward-looking statements include statements that refer to the scale, capabilities and scope of, and benefits provided by, the proposed combination ofViasatand Inmarsat.

Viasat and Inmarsat Will Work with CMA to Demonstrate Customer Benefits of Proposed Transaction

Retrieved on: 
Friday, October 14, 2022
LinkedIn, Phase II, Committee on Foreign Investment in the United States, Securities Act of 1933, IFC, UK Government Decontamination Service, Risk, Aircraft, SEC, Competition and Markets Authority, Government, Efficiency, IOT, YouTube, Viasat (American company), Annual report, NASDAQ, CMA, Intelsat, National, Committee, Twitter, Instagram, Industry, Facebook, Investment, National Security and Investment Act 2021, Panasonic, VSAT, Company, Workforce Investment Act of 1998, Competition, CEO, Internet, Nature, Face, Securities Exchange Act of 1934, Social media, Safety, LEO, Foreign investment, Environment, Forward-looking statement, ViaSat-3, Failure, Atmosphere, COVID-19, Aviation, Telesat, Anomaly, Airline, Renewable energy, Bank, Viasat, Inmarsat

Viasat and Inmarsat remain confident that the transaction will increase the availability of more affordable, faster, and more reliable IFC globally to operators, airlines, and passengers.

Key Points: 
  • Viasat and Inmarsat remain confident that the transaction will increase the availability of more affordable, faster, and more reliable IFC globally to operators, airlines, and passengers.
  • Our investments in the ViaSat-3 constellation and the Inmarsat transaction are intended to help us make these services more available globally.
  • As communicated by the CMA, Viasat and Inmarsat will actively participate in Phase 2.
  • In November 2021, Inmarsat and Viasat announced the planned combination of the two companies , to create a new leader in global communications.

Viasat and Inmarsat Will Work with CMA to Demonstrate Customer Benefits of Proposed Transaction

Retrieved on: 
Friday, October 14, 2022
LinkedIn, Phase II, Committee on Foreign Investment in the United States, Securities Act of 1933, IFC, UK Government Decontamination Service, Risk, Aircraft, SEC, Competition and Markets Authority, Government, Efficiency, IOT, YouTube, Viasat (American company), Annual report, NASDAQ, CMA, Intelsat, National, Committee, Twitter, Instagram, Industry, Facebook, Investment, National Security and Investment Act 2021, Panasonic, VSAT, Company, Workforce Investment Act of 1998, Competition, CEO, Internet, Nature, Face, Securities Exchange Act of 1934, Social media, Safety, LEO, Foreign investment, Environment, Forward-looking statement, ViaSat-3, Failure, Atmosphere, COVID-19, Aviation, Telesat, Anomaly, Airline, Renewable energy, Bank, Viasat, Inmarsat

Viasat and Inmarsat remain confident that the transaction will increase the availability of more affordable, faster, and more reliable IFC globally to operators, airlines, and passengers.

Key Points: 
  • Viasat and Inmarsat remain confident that the transaction will increase the availability of more affordable, faster, and more reliable IFC globally to operators, airlines, and passengers.
  • Our investments in the ViaSat-3 constellation and the Inmarsat transaction are intended to help us make these services more available globally.
  • As communicated by the CMA, Viasat and Inmarsat will actively participate in Phase 2.
  • In November 2021, Inmarsat and Viasat announced the planned combination of the two companies , to create a new leader in global communications.

Saint Lucia – a Place With a Myriad of Opportunities for People Looking for Alternative Citizenship Options

Retrieved on: 
Monday, October 10, 2022
Commerce, High, Growth, EB-5 visa, Motivation, CIP, Financial Times, Eastern Caribbean Currency Union, Income, Zimbabwe National Chamber of Commerce, Dominica citizenship by investment programme, Investment, Executive, Forecasting, Time, Library of the Economic Commission for Latin America and the Caribbean, ECCU, ECLAC, Agriculture, Travel, GDP, US, Workforce Investment Act of 1998, Safety, Association, Section 33 of the Canadian Charter of Rights and Freedoms, CBI, Environment, GLOBE, Ministry, High-net-worth individual, Business performance management, Parliament, Ministry of Finance (Chile), Renewable energy, Online gambling, Financial services, Bank, Pharmaceutical industry, Industry

CASTRIES, Saint Lucia, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Saint Lucia is one of the fastest-growing economies in the Caribbean region.

Key Points: 
  • CASTRIES, Saint Lucia, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Saint Lucia is one of the fastest-growing economies in the Caribbean region.
  • The alternative citizenship of Saint Lucia provides rights and equality, the same as those afforded to a natural born citizen of the country.
  • The tourism sector of Saint Lucia is the primary source of jobs and income, accounting for 65 percent of GDP.
  • The CIP of Saint Lucia provides numerous benefits such as:
    4: Gaining a citizenship that can be passed down to future generations.