Galgo

FOLKS FINANCE V2 UPGRADES THE DEFI EXPERIENCE WITH ADVANCED FINANCIAL TOOLS BUILT INTO A SIMPLE USER EXPERIENCE ON ALGORAND

Retrieved on: 
Tuesday, November 29, 2022

MILAN and DUBAI, United Arab Emirates, Nov. 29, 2022 /PRNewswire/ -- Folks Finance has proven the value of fast, accessible, and non-custodial DeFi on Algorand. Since launching in April of 2022, $100 Million in Total Value Locked has been deposited by over 5000 users. The protocol now looks to continue closing the gap between CeFi and DeFi by launching an elevated Version 2 with new features and a redesigned user experience.

Key Points: 
  • MILAN and DUBAI, United Arab Emirates, Nov. 29, 2022 /PRNewswire/ -- Folks Finance has proven the value of fast, accessible, and non-custodial DeFi on Algorand.
  • V2 will be packed with new features and a reimagined UI/UX, which will enhance the flexibility and efficiency of the protocol.
  • Innovative features and a focus on community drove Folks Finance to be the Top TVL Gainer in Q3 2022.
  • Folks Finance is a non-custodial DeFi protocol providing financial tools for digital assets.

FOLKS FINANCE V2 UPGRADES THE DEFI EXPERIENCE WITH ADVANCED FINANCIAL TOOLS BUILT INTO A SIMPLE USER EXPERIENCE ON ALGORAND

Retrieved on: 
Tuesday, November 29, 2022

MILAN and DUBAI, United Arab Emirates, Nov. 29, 2022 /PRNewswire/ -- Folks Finance has proven the value of fast, accessible, and non-custodial DeFi on Algorand. Since launching in April of 2022, $100 Million in Total Value Locked has been deposited by over 5000 users. The protocol now looks to continue closing the gap between CeFi and DeFi by launching an elevated Version 2 with new features and a redesigned user experience.

Key Points: 
  • MILAN and DUBAI, United Arab Emirates, Nov. 29, 2022 /PRNewswire/ -- Folks Finance has proven the value of fast, accessible, and non-custodial DeFi on Algorand.
  • V2 will be packed with new features and a reimagined UI/UX, which will enhance the flexibility and efficiency of the protocol.
  • Innovative features and a focus on community drove Folks Finance to be the Top TVL Gainer in Q3 2022.
  • Folks Finance is a non-custodial DeFi protocol providing financial tools for digital assets.

Mentice AB acquires all assets related to the software solution Ankyras from the Spanish corporation Galgo Medical S.L.

Retrieved on: 
Thursday, June 9, 2022

STOCKHOLM, June 9, 2022 /PRNewswire/ --In accordance with the press release published on 9 June 2022, Mentice AB (publ) ("Mentice" or the "Company"), has entered into an agreement (the "Agreement") to acquire all assets relating to the software solution Ankyras ("Ankyras") from Galgo Medical S.L.

Key Points: 
  • STOCKHOLM, June 9, 2022 /PRNewswire/ --In accordance with the press release published on 9 June 2022, Mentice AB (publ) ("Mentice" or the "Company"), has entered into an agreement (the "Agreement") to acquire all assets relating to the software solution Ankyras ("Ankyras") from Galgo Medical S.L.
  • ("Galgo") (the "Acquisition"), which was conditional on the receipt of external financing.
  • The completion of the Acquisition has been conditional on Mentice receiving financing.
  • On 9 June 2022, Mentice announced the implementation of a directed new share issue (the "Directed New Share Issue") through an accelerated book building procedure and has thus received financing for the Acquisition.

Mentice AB acquires all assets related to the software solution Ankyras from the Spanish corporation Galgo Medical S.L.

Retrieved on: 
Thursday, June 9, 2022

STOCKHOLM, June 9, 2022 /PRNewswire/ --In accordance with the press release published on 9 June 2022, Mentice AB (publ) ("Mentice" or the "Company"), has entered into an agreement (the "Agreement") to acquire all assets relating to the software solution Ankyras ("Ankyras") from Galgo Medical S.L.

Key Points: 
  • STOCKHOLM, June 9, 2022 /PRNewswire/ --In accordance with the press release published on 9 June 2022, Mentice AB (publ) ("Mentice" or the "Company"), has entered into an agreement (the "Agreement") to acquire all assets relating to the software solution Ankyras ("Ankyras") from Galgo Medical S.L.
  • ("Galgo") (the "Acquisition"), which was conditional on the receipt of external financing.
  • The completion of the Acquisition has been conditional on Mentice receiving financing.
  • On 9 June 2022, Mentice announced the implementation of a directed new share issue (the "Directed New Share Issue") through an accelerated book building procedure and has thus received financing for the Acquisition.

Mentice AB intends to acquire all assets related to the software solution Ankyras from the Spanish corporation Galgo Medical S.L.

Retrieved on: 
Thursday, June 9, 2022

The Acquisition is characterized as a technology acquisition as this solution is in an early phase of its commercialization.

Key Points: 
  • The Acquisition is characterized as a technology acquisition as this solution is in an early phase of its commercialization.
  • However, the solution has been developed for a long time by Galgo and the software Ankyras is patent protected and CE-marked product (Medical Device Regulation MDR) with technology published by Galgo since 2013.
  • Ankyras is an advanced cloud-based analysis solution that allows a physician to plan treatment for a specific patient.
  • This disclosure contains information that Mentice AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014).

Mentice AB intends to acquire all assets related to the software solution Ankyras from the Spanish corporation Galgo Medical S.L.

Retrieved on: 
Thursday, June 9, 2022

The Acquisition is characterized as a technology acquisition as this solution is in an early phase of its commercialization.

Key Points: 
  • The Acquisition is characterized as a technology acquisition as this solution is in an early phase of its commercialization.
  • However, the solution has been developed for a long time by Galgo and the software Ankyras is patent protected and CE-marked product (Medical Device Regulation MDR) with technology published by Galgo since 2013.
  • Ankyras is an advanced cloud-based analysis solution that allows a physician to plan treatment for a specific patient.
  • This disclosure contains information that Mentice AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014).