Details have emerged of the jaw-dropping cost of the Australian Open's quarantine plans.
REDWOOD CITY, Calif., Dec. 03, 2020 (GLOBE NEWSWIRE) -- Seer, Inc., a life sciences company focused on enabling exceptional scientific outcomes through the power of unbiased, deep, rapid and scalable proteomics information, today announced the pricing of its initial public offering of 9,210,527 shares of Class A common stock at a public offering price of $19.00 per share. All of the shares of Class A common stock are being offered by Seer. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Seer, are expected to be $175 million, excluding any exercise of the underwriters’ option to purchase additional shares. Seer’s Class A common stock is expected to begin trading on the Nasdaq Global Select Market on December 4, 2020, under the ticker symbol “SEER.” The offering is expected to close on December 8, 2020, subject to the satisfaction of customary closing conditions. In addition, Seer has granted the underwriters a 30-day option to purchase up to an additional 1,381,579 shares of Class A common stock at the initial public offering price, less the underwriting discounts and commissions. J.P. Morgan, Morgan Stanley, BofA Securities and Cowen are acting as lead book-running managers for the offering.Registration statements relating to the shares being sold in this offering was declared effective by the Securities and Exchange Commission on December 3, 2020. The offering is being made only by means of a prospectus, copies of which may be obtained, when available, from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, via telephone: +1 (866) 803-9204, or by emailing email@example.com; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; BofA Securities, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Attention: Prospectus Department, or by email at firstname.lastname@example.org; and Cowen and Company, LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, via telephone: +1 (833) 297-2926, or by emailing PostSaleManualRequests@broadridge.com. Copies of the final prospectus, when available, related to the offering will be available at www.sec.gov.This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.About Seer Seer is a life sciences company focused on enabling exceptional scientific outcomes by commercializing transformative products that will drive breakthrough ideas by unlocking the deep, unbiased biological information that can make them a reality. Seer is developing its Proteograph™, which is an integrated solution consisting of consumables, automation instrumentation and proprietary software that performs deep, unbiased proteomics analysis at scale in a matter of hours. Seer designed the Proteograph to be efficient and easy-to-use, leveraging widely adopted laboratory instrumentation to provide a decentralized solution broadly available to life sciences researchers.Investor Contact Carrie Mendivil email@example.com
Australian surf star Tyler Wright missed almost all of 2019 with a mystery illness, but she is eyeing a successful title tilt in 2021.
Joseph McDonald, 23, hid in a stranger's horse shed after killing his seven-week-old son, a Victorian court has been told.
(Bloomberg) -- The biggest gainer on New Zealand’s benchmark index follows familiar themes for successful stocks on the gauge: a strong focus on the U.S. and an ability to tap the stay-at-home thematic.Pacific Edge Ltd. has soared 567% to become the top stock on the S&P/NZX 50 Gross Index this year, buoyed by its bladder cancer tests that can be taken at home. U.S. health practitioners have adopted the lockdown-friendly cancer screening kit in lieu of appointments that would otherwise need to be done in medical centers overwhelmed by coronavirus.“Social distancing, stretched hospitals and those with cancer being specifically susceptible to the virus” have underpinned Pacific Edge’s rally, said Jeremy Sullivan, an investment adviser at brokerage Hamilton Hindin Greene in Christchurch. The diagnostic firm has “convinced a few skeptics and will have a foothold which they did not have pre-Covid.”New Zealand’s equity benchmark has hit multiple records this year by luring investors who are embracing stay-at-home plays that tap broader international markets. Pacific Edge gets more than 85% of its revenue in the U.S. Pushpay Holdings Ltd., which operates its digital payment platform for churches mostly in the world’s largest economy, is the second-top performer in 2020.Pacific Edge saw revenue from U.S. tests rise 46% in the six months to Sept. 30, as physicians turned to telemedicine amid the pandemic. U.S. Covid-19 hospitalizations increased by more than 1,000 a day at the end of November, data from the Department of Health and Human Services show.The Dunedin-based company’s main product, Cxbladder, is a suite of urine tests that can detect or rule out bladder cancer and allow patients to send samples to laboratories without visiting a clinic, according to the firm’s website.Shares in the NZ$580.3 million ($410.5 million) firm closed 3.9% higher in Wellington on Friday, the top performer on the benchmark. They have tripled since costs for the screening became eligible for reimbursement under some U.S. government-run health plans in July.Pacific Edge is targeting pacts with health plan providers such as Kaiser Permanente and Centers for Medicare and Medicaid Services to drive revenue and operating cashflow growth, as the prospect of a coronavirus vaccine may lessen demand for the product as a stay-at-home alternative. There are also plans for the commercial launch of a fourth Cxbladder test in fiscal year 2022.Still, sell-side analysts haven’t offered much guidance, with the firm attracting just a single analyst rating, according to data compiled by Bloomberg.(Updates with Friday’s performance in charts, seventh paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Dada Group (Nasdaq: DADA) (“Dada” or the “Company”), China’s leading local on-demand delivery and retail platform, is pleased to announce that Dada Now has partnered…… Dada Now Partners with Cake Chain Brands across China to Enhance Delivery Process Dada Group (Nasdaq: DADA) (“Dada” or the “Company”), China’s leading local on-demand delivery and retail platform, is pleased to announce that Dada Now has partnered…… Dada Group (Nasdaq: DADA) Dada Group (Nasdaq: DADA)Shanghai, China, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Number of Cooperating Stores Doubles YoYDaily Delivery Order Volumes Increase 144% YoYDada Group (Nasdaq: DADA) (“Dada” or the “Company”), China’s leading local on-demand delivery and retail platform, is pleased to announce that Dada Now has partnered with dozens of cake chain brands across China, doubling the number of cooperating stores year-over-year as of November 2020. As a result of these partnerships and consumers’ increased dependence on e-commerce, the average daily delivery order volume for cakes has increased by more than 144% compared to the same period last year. A Dada Now rider delivers the cake order for CUNS CAKE Dada Now, the local on-demand delivery platform of Dada Group, is the largest open on-demand delivery platform in China based on the number of orders in the first nine months of 2020 according to an iResearch Report, and its last-mile delivery service covers more than 2,600 cities and counties in China. Leveraging cutting-edge proprietary technologies and deep insights into the logistics industry, Dada Now has developed a premium service called “Dedicated Delivery” that targets merchants with specific delivery requirements, which launched in July 2020. These tailored services enable chains and brands to meet rising demand and accelerate both their online and offline businesses. Cakes are fairly large in size, higher in value and easier to damage than most catering and grocery products delivered by Dada Now, and many prominent cake brands including Ganso, CUNS CAKE, 1CAKE, 7CAKE and LE CAKE are taking advantage of these customized omni-channel delivery services. Dada Now also offers customers an efficient one-hour shopping experience.Dada Now takes multiple approaches to ensuring cakes are delivered undamaged, fresh and on time. Riders participate in a customized training program, which includes measures that must be taken to keep cakes cool, tips for delivery and even etiquette for drop off and pick up. Further, Dada Now’s logistics technology dynamically matches the "crowdsourcing" riders or the "stationed" riders based on the different fulfillment requirements of stores and provides customized solutions to maximize the efficiency of distribution capacity. Additionally, to ensure that Dedicated Delivery service is always improving, Dada Now’s Operation Support Team visits stores regularly to gather feedback from the front-line staff and learn about any potential concerns they have regarding the service. Dedicated delivery service for cakes has so far proven successful and data shows that as of November 2020, the average daily orders at Ganso delivered by Dada Now has increased 89% as compared to the beginning of this cooperation in 2020. On average, delivery time is about 30 minutes, and the service is well-received by stores and consumers alike. Philip Kuai, Founder, Chairman and CEO of Dada Group, said, “Our logistics capabilities, proprietary technologies, dedicated riders, and comprehensive order fulfillment data analysis provides all-around operational support for cake stores, ensuring stable, efficient and high-quality services that customers will use again and again. We are proud to provide a service that empowers cake chains and other stores requiring tailored services to overcome logistical difficulties, allowing them to grow and adapt for the age of on-demand e-commerce.” About Dada GroupDada Group is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China’s largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company’s two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform. In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol “DADA.”Media Contact Details: 212-355-4449 This news has been published for the above source. Dada Group [ID=15562]Disclaimer: The pr is provided "as is", without warranty of any kind, express or implied: The content publisher provides the information without warranty of any kind. We also do not accept any responsibility or liability for the legal facts, content accuracy, photos, videos. if you have any complaints or copyright issues related to this article, kindly contact the provider above. Attachments * Dada Now Partners with Cake Chain Brands across China to Enhance Delivery Process * Dada Group (Nasdaq: DADA)
"We take our role as a provider of mission-critical technology seriously and apologise to ASX, its customers and all those impacted", Nasdaq Chief Executive Officer Adena Friedman said. Australia's central bank and corporate regulator had expressed concerns over bourse operator ASX Ltd's trading systems after the glitch halted trade on Nov. 16. ASX and its technology provider Nasdaq said they had identified the root cause of the outage as a software issue that caused incorrect functionality in the tailor made combinations (TMC) order book.
Test results linked to a Sydney hotel quarantine worker's COVID-19 infection have boosted the chances of Western Australia reopening its borders on time.
A shocking new report has uncovered exploitation on blueberry farms on the NSW north coast with some workers paid as little as $3 an hour.
A man who had allegedly raped and robbed seven massage therapists was arrested yesterday by Pasay City authorities. Suspect Marianito Santa Maria, 27, sought his victims by booking their services online, Major Jowilouie Bilaro, the commander of Quezon City Police District Station 7, said. Bilaro said that Santa Maria, who uses the aliases Robertson Bautista ... This article, Alleged ‘serial rapist’ who preys on massage therapists nabbed in Pasay City, originally appeared on Coconuts, Asia's leading alternative media company.
DOCU earnings call for the period ending September 30, 2020.
Mindy Kaling responded to a "rude" question by a fan who said that her children's names are "very caucasian".
Helium market research report from SpendEdge indicates an incremental growth by USD 2,243 million during the period 2020-2024.
The Bus Seating Systems Market will grow by $ 2.46 bn during 2020-2024
Victorians should rethink outdoor plans ahead of storms forecast to lash most of the state including Melbourne on Saturday, authorities say.
India's daily coronavirus cases rose by less than 40,000 for the fifth straight day, health ministry data showed on Friday, with 36,595 new infections reported in the last 24 hours. India's daily rate has fallen since the south Asian nation reported the world’s highest such tallies through most of August and September, despite a busy festival season last month that experts had warned could trigger a spike in infections. Its tally is now at 9.57 million and remains the world’s second-highest after the United States, where there have been nearly 14 million infections.
Six people linked to the Mongols outlaw motorcycle gang in Victoria have been arrested as part of a national crackdown on the notorious group.
Oumar Johnson ducks to enter his cramped dovecote, built atop a city apartment block, and snatches his favourite pigeon from dozens of birds fluttering and cooing around him.
Some charges have been tossed out in the case against media outlets accused of contempt of court in reporting on Cardinal George Pell's abuse convictions.
More than 1,600 Rohingya refugees sailed on Friday from Bangladesh's southern port of Chittagong for the remote island of Bhasan Char in the Bay of Bengal, a naval official said. The south Asian nation says it is only moving refugees who are willing to go and that this will ease chronic overcrowding in camps that are home to more than 1 million Rohingya, members of a Muslim minority who have fled neighbouring Myanmar.