Geography of Africa

Aterian Announces Pricing of $40 Million Private Placement

Retrieved on: 
Thursday, June 10, 2021

NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (Aterian or the Company) announced today that it has entered into a securities purchase agreement with several institutional investors for a private placement of the Companys common stock (the Private Placement).

Key Points: 
  • NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (Aterian or the Company) announced today that it has entered into a securities purchase agreement with several institutional investors for a private placement of the Companys common stock (the Private Placement).
  • The Private Placement is expected to result in gross proceeds to the Company of approximately $40 million before deducting placement agent fees and other transaction-related expenses payable by the Company.
  • The Private Placement is expected to close on or about June 15, 2021, subject to the satisfaction of customary closing conditions.
  • A.G.P./Alliance Global Partners is acting as the sole placement agent for the Private Placement.

ATERIAN DEADLINE ALERT: Faruqi & Faruqi LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Aterian To Contact Him Directly To Discuss Their Options

Retrieved on: 
Wednesday, June 9, 2021

If you suffered losses exceeding $50,000 investing in Aterian stock or options between December 1, 2020 and May 3, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext.

Key Points: 
  • If you suffered losses exceeding $50,000 investing in Aterian stock or options between December 1, 2020 and May 3, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Delaware, Pennsylvania, California and Georgia.
  • On May 4, 2021, Culper Research published a scathing report entitled: Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Aterians conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

VisionQuest Receives a $2M NIH Grant to Commercialize an Artificial Intelligence System Used to Improve and Save the Lives of African Children Affected with Malaria

Retrieved on: 
Wednesday, June 9, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210609005780/en/
    ASPIRE device being used in a malaria clinic in Malawi (Photo: Business Wire)
    Every year, up to 100,000 children in Africa die from cerebral malaria.
  • Up to a third of fatal cases could be prevented by a more accurate diagnosis of the disease.
  • VisionQuest will use this NIH award to secure regulatory clearances and commercialize ASPIRE, which is currently being tested at nine malaria clinics in Malawi, Zambia, and Kenya.
  • In the sub-Saharan country of Malawi, VisionQuest is applying retinal screening to the detection of malarial retinopathy.

DGAP-News: Mastercard Foundation to deploy $1.3 billion in partnership with Africa CDC to save lives and livelihoods

Retrieved on: 
Tuesday, June 8, 2021

Addis Ababa, Ethiopia - June 8, 2021 - The Mastercard Foundation (www.MastercardFdn.org) has announced that it will deploy $1.3 billion over the next three years in partnership with the Africa Centres for Disease Control and Prevention (Africa CDC) to save the lives and livelihoods of millions of people in Africa and hasten the economic recovery of the continent.

Key Points: 
  • Addis Ababa, Ethiopia - June 8, 2021 - The Mastercard Foundation (www.MastercardFdn.org) has announced that it will deploy $1.3 billion over the next three years in partnership with the Africa Centres for Disease Control and Prevention (Africa CDC) to save the lives and livelihoods of millions of people in Africa and hasten the economic recovery of the continent.
  • This initiative is about valuing all lives and accelerating the economic recovery of the continent," said Reeta Roy, President and CEO of the Mastercard Foundation.
  • The initiative builds on an earlier collaboration between the Mastercard Foundation and the Africa CDC to expand access to testing kits and enhance surveillance capacity in Africa.
  • The Mastercard Foundation is a Canadian foundation and one of the largest in the world with more than $39 billion in assets.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Aterian, Inc. - ATER

Retrieved on: 
Tuesday, June 8, 2021

NEW YORK, June 07, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Aterian, Inc. (Aterian or the Company) (NASDAQ:ATER).

Key Points: 
  • NEW YORK, June 07, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Aterian, Inc. (Aterian or the Company) (NASDAQ:ATER).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • On May 4, 2021, Culper Research (Culper) published a short report addressing Aterian, entitled Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now

Retrieved on: 
Monday, June 7, 2021

The truth emerged on May 4, 2021, when analyst Culper Research published a scathing report entitled Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.

Key Points: 
  • The truth emerged on May 4, 2021, when analyst Culper Research published a scathing report entitled Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.
  • This news drove the price of Aterian shares crashing sharply lower on May 4, 2021.
  • Were focused on investors losses and proving Aterian misled investors about its acquisitions and the AIMEE platform, said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys.

The Moroccan Digital Development Agency and GrowIN Portugal Launch an Initiative to Support Startups Internationalization

Retrieved on: 
Friday, June 4, 2021

RABAT, Morocco and FARO, Portugal, June 4, 2021 /PRNewswire/ -- The Moroccan Digital Development Agency (ADD) and GrowIN Portugal have launched an initiative to support Moroccan and Portuguese startups internationalization by signing a strategic agreement.

Key Points: 
  • RABAT, Morocco and FARO, Portugal, June 4, 2021 /PRNewswire/ -- The Moroccan Digital Development Agency (ADD) and GrowIN Portugal have launched an initiative to support Moroccan and Portuguese startups internationalization by signing a strategic agreement.
  • Speaking on this occasion, Mohammed Drissi Melyani, General Director, ADD, said: "This initiative will provide the much-needed support for not just Moroccan and Portuguese startups, but startups from around the world.
  • Moreover, Portugal could be the entry point for Moroccan startups to the EU Markets, and Morocco would allow Portuguese startups to expand into Africa.
  • The Digital Development Agency (ADD) is the Moroccan strategic public entity responsible for implementing the Kingdom's strategy for digital development and promoting digital tools and their use among citizens.

The Moroccan Digital Development Agency and GrowIN Portugal Launch an Initiative to Support Startups Internationalization

Retrieved on: 
Friday, June 4, 2021

RABAT, Morocco and FARO, Portugal, June 4, 2021 /PRNewswire/ -- The Moroccan Digital Development Agency (ADD) and GrowIN Portugal have launched an initiative to support Moroccan and Portuguese startups internationalization by signing a strategic agreement.

Key Points: 
  • RABAT, Morocco and FARO, Portugal, June 4, 2021 /PRNewswire/ -- The Moroccan Digital Development Agency (ADD) and GrowIN Portugal have launched an initiative to support Moroccan and Portuguese startups internationalization by signing a strategic agreement.
  • Speaking on this occasion, Mohammed Drissi Melyani, General Director, ADD, said: "This initiative will provide the much-needed support for not just Moroccan and Portuguese startups, but startups from around the world.
  • Moreover, Portugal could be the entry point for Moroccan startups to the EU Markets, and Morocco would allow Portuguese startups to expand into Africa.
  • The Digital Development Agency (ADD) is the Moroccan strategic public entity responsible for implementing the Kingdom's strategy for digital development and promoting digital tools and their use among citizens.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Aterian, Inc. - ATER

Retrieved on: 
Thursday, June 3, 2021

NEW YORK, June 02, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Aterian, Inc. (Aterian or the Company) (NASDAQ:ATER).

Key Points: 
  • NEW YORK, June 02, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Aterian, Inc. (Aterian or the Company) (NASDAQ:ATER).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • On May 4, 2021, Culper Research (Culper) published a short report addressing Aterian, entitled Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Aterian Announces Voluntary Lock-up Agreements with CEO, Other Co-Founders & Key Stockholders

Retrieved on: 
Tuesday, June 1, 2021

Aterians Co-Founder and CEO, Yaniv Sarig, agreed to lock up all of the shares that he controls through January 1, 2022.

Key Points: 
  • Aterians Co-Founder and CEO, Yaniv Sarig, agreed to lock up all of the shares that he controls through January 1, 2022.
  • Also included among the Stockholders are the Companys co-founders, Asher Delug and Maximus Yaney (and certain of his affiliates), as well as certain sellers in Aterians recent asset acquisitions, 9830 Macarthur LLC and Healing Solutions LLC.
  • Yaniv Sarig, Co-Founder and CEO of Aterian, commented, The lock-up agreements announced today reflect the continued confidence that I and other large Aterian stockholders have in the long term prospects of the Company.
  • Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct.