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Yahoo Finance's Seana Smith joined Yahoo Finance Live to break down Moderna's breaking news how their vaccine is reportedly 90% effective 6 months after the 2nd shot.
Yahoo Finance's Seana Smith joined Yahoo Finance Live to break down Moderna's breaking news how their vaccine is reportedly 90% effective 6 months after the 2nd shot.
Investors with losses are encouraged to contact the firm before June 8, 2021; click here to submit trade information LOS ANGELES, May 13, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of 3D Systems Corporation (NYSE: DDD) investors that acquired shares between May 6, 2020 and March 1, 2021. Investors have until June 8, 2021 to seek an active role in this litigation. Investors are encouraged to contact attorney Lesley F. Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case. 3D Systems issued a press release on March 1, 2021 advising investors that it would delay the filing of its annual report on a Form 10-K. 3D systems stated that “the delay in filing is primarily related to the presentation of cash flows associated with the divestiture process for its Cimatron and GibbsCam software businesses.” 3D Systems also stated that they had identified “certain internal control deficiencies” and that, as a result, it would “report material weaknesses in internal controls in its fiscal 2020 Annual Report on Form 10-K.” 3D Systems filed a NT-10-K with the SEC on March 2, 2021, which statec that their 10-K filing would be delayed. On this news, 3D Systems’ stock price declined by $7.62 per share, or more than 19.6%, on this news, from closing at $38.79 per share on March 1, 2021 to close at $31.17 per share on March 2, 2021, damaging investors. The lawsuit alleges that throughout the Class Period defendants made misleading and/or false statements and/or failed to disclose that: (1) 3D Systems lacked the proper internal controls over financial reporting; and (2) 3D Systems’ public statements were materially false and/or misleading at all relevant times, as a result. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 8, 2021. Please visit our website to review more information and submit your transaction information. The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes. Lesley F. Portnoy, Esq.Admitted CA and NY Barlesley@portnoylaw.com310-692-8883www.portnoylaw.com Attorney Advertising
Samsung BioLogics Co Ltd said on Friday that no decision has been made yet on producing Moderna Inc's COVID-19 vaccine in South Korea after a local newspaper reported the two companies had agreed on a contract manufacturing deal. The Chosun Ilbo reported that the biotech arm of Samsung Group has agreed to produce the Moderna vaccine in its plant in Songdo, part of which will be used for domestic vaccination, citing unnamed government and pharmaceutical industry sources. Samsung BioLogics said in a filing to the stock exchange that it could confirm the report as no decision has been finalised.
Investors with losses are encouraged to contact the firm before June 8, 2021; click here to submit trade information LOS ANGELES, May 13, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Amdocs Limited (NASDAQ: DOX) investors that acquired shares between January 29, 2021 and March 30, 2021. Investors have until June 8, 2021 to seek an active role in this litigation. Investors are encouraged to contact attorney Lesley F. Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case. It is alleged in this complaint that Amdocs issued misleading and/or false statements and/or failed to disclose information pertinent to investors. Amdocs is the subject of a report published on March 31, 2021 by Jehoshaphat Research. According to the report, Amdocs overstated its profitability. Jehoshaphat alleges that Amdoc replaced reputable auditors with “scandal-plagued or tiny shops.” It is alleged that Amdoc “window-dressed” its balance sheet in order to hide its borrowing. The report quotes a former Amdoc executive as saying, “The US business was declining at a rate of [around] 7% annually...but then we would see the company [publish results that] say North America is stable.” A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 8, 2021. Please visit our website to review more information and submit your transaction information. The Portnoy Law Firm represents investors in pursuing arising from corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes. Lesley F. Portnoy, Esq.Admitted CA and NY Barlesley@portnoylaw.com310-692-8883www.portnoylaw.com Attorney Advertising
Mainland China reported seven new COVID-19 cases on May 13, including its first local transmissions in more than three weeks, the country's national health authority said on Friday. Two of the new cases were local infections in the eastern province of Anhui, the National Health Commission said in a statement. The cases were the first local transmissions since April 20, when China recorded two local infections in the southwestern province of Yunnan, where a city on the border with Myanmar reported a new cluster in late March.
Coindesk's director of research Noelle Acheson explains to Yahoo Finance why Elon Musk's recent comments regarding Bitcoin and sustainable energy were more layered than it may have initially appeared.
The Lakanal House fire in Southwark, south London, on July 3 2009 claimed the lives of six people
At this time, I would like to turn the conference over to Juliet Yang, Senior Director of Investor Relations. With our secondary listing, we see an opportunity to broaden our investor base and attract more high-quality shareholders.
Farmers Edge Inc. ("Farmers Edge" or the "Company") (TSX: FDGE), a Winnipeg-based pure-play digital agriculture company reported its financial results for the three months ended March 31st, 2021. All amounts are expressed in Canadian dollars. Certain metrics are non-IFRS measures or key performance indicators. See "Non-IFRS Financial Measures and Key Performance Indicators" below.
They're on a four-game winning run and considered big favourites but Brisbane coach Chris Fagan isn't taking anything for granted ahead of Saturday's AFL derby against Gold Coast.The Lions head down the M1 to face their rivals at Metricon Stadium with recent history and current form on their side.
After losing Italy's Serie A to Paramount+, ESPN has announced a deal with Spain's La Liga for next season.
NEW YORK, May 13, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) today announced that Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business, has priced an offering of $400 million aggregate principal amount of 2.15% senior unsecured notes due June 1, 2026 and $350 million aggregate principal amount of 3.40% senior unsecured notes due June 1, 2031. Interest on the notes will be payable semi-annually on June 1 and December 1, commencing December 1, 2021. The 2026 notes were priced at 99.863% of their face amount to yield 2.179% and the 2031 notes were priced at 99.587% of their face amount to yield 3.449%. The net proceeds of approximately $743 million are intended to be allocated to Eligible Green Projects (as defined in the prospectus supplement dated May 13, 2021). Pending such allocation, the net proceeds are intended to be used for the repayment of the $675 million mortgage on theMART. Subject to customary closing conditions, the offering is expected to close on May 24, 2021. This is Vornado’s second green bond offering, following its initial $450 million green bond offering in June 2014. Citigroup Global Markets Inc., BMO Capital Markets Corp., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, PNC Capital Markets LLC, TD Securities (USA) LLC, Barclays Capital Inc., BNP Paribas Securities Corp., Deutsche Bank Securities Inc. and U.S. Bancorp Investments, Inc. acted as joint book-running managers. Academy Securities, Inc., BNY Mellon Capital Markets, LLC, Credit Agricole Securities (USA) Inc., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., ING Financial Markets LLC, Loop Capital Markets LLC, R. Seelaus & Co., LLC, Samuel A. Ramirez & Company, Inc., Scotia Capital (USA) Inc. and SG Americas Securities, LLC acted as co-managers. The offering is being made under Vornado Realty L.P.’s shelf registration statement filed with the Securities and Exchange Commission on April 1, 2021 and only by means of a prospectus supplement, dated May 13, 2021, and accompanying prospectus, dated April 1, 2021. A copy of the prospectus supplement and accompanying prospectus relating to the offering may be obtained from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by calling 1-800-831-9146 or email at firstname.lastname@example.org; BMO Capital Markets Corp., 3 Times Square, New York, New York 10036, 25th floor or by calling 1-212-702-1866; J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York 10179, Attn: Investment Grade Syndicate Desk, 3rd floor or by calling 1-212-834-4533; or Mizuho Securities USA LLC, 1271 Avenue of the Americas, New York, New York 10020 or by calling 1-866-271-7403. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful. Vornado Realty Trust is a fully-integrated equity real estate investment trust. CONTACT Thomas Sanelli(212) 894-7000 Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. For a discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see “Risk Factors” in Part I, Item 1A, of our Annual Report on Form 10-K for the year ended December 31, 2020. Such factors include, among others, risks associated with the timing of and costs associated with property improvements, financing commitments and general competitive factors. Currently, one of the most significant factors is the ongoing adverse effect of the COVID-19 pandemic on our business, financial condition, results of operations, cash flows, operating performance and the effect it has had and may continue to have on our tenants, the global, national, regional and local economies and financial markets and the real estate market in general. The extent of the impact of the COVID-19 pandemic will depend on future developments, including the duration of the pandemic, which are highly uncertain at this time but that impact could be material. Moreover, you are cautioned that the COVID-19 pandemic will heighten many of the risks identified in "Item 1A. Risk Factors" in Part I of our Annual Report on Form 10-K for the year ended December 31, 2020.
MELVILLE, N.Y., May 13, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (OTC: DTST) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection, and cloud infrastructure solutions and services, today announced the pricing of its upsized underwritten public offering of 1,600,000 units at a price to the public of $6.75 per unit. Each unit to be issued in the offering consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $7.425. The common stock and warrants are immediately separable and will be issued separately. The common stock and warrants are expected to begin trading on the Nasdaq Capital Market, on May 14, 2021, under the symbols “DTST” and “DTSTW,” respectively. DSC expects to receive gross proceeds of $10.8 million, before deducting underwriting discounts and commissions and other estimated offering expenses. In connection with the offering, the Company will effectuate a reverse split of its issued and outstanding common stock at a ratio of 1-for-40. The reverse stock split is expected to be effective at 12:01 a.m., Eastern Time, on May 14, 2021. The share numbers and pricing information in this release are adjusted to give effect to the reverse stock split. DSC has granted the underwriters a 45-day option to purchase up to an additional 240,000 shares of common stock and/or an additional 240,000 warrants at the public offering price to cover over-allotments, if any. The offering is expected to close on May 18, 2021, subject to customary closing conditions. Maxim Group LLC is acting as sole book-running manager for the offering. The offering is being conducted pursuant to the Company's registration statement on Form S-1 (File No. 333-253056), as amended, previously filed with and subsequently declared effective by the Securities and Exchange Commission (“SEC”). A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. Electronic copies of the final prospectus relating to this offering, when available, may be obtained from Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, at (212) 895-3745. 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 registration or qualification under the securities laws of any such state or jurisdiction. About Data Storage Corporation The Company delivers and supports a broad range of premium technology solutions focusing on IaaS, data storage protection and IT management. Clients look to DSC to ensure disaster recovery, business continuity, enhance security, and to meet increasing industry, state and federal regulations. The Company markets to businesses, government, education and the healthcare industry by leveraging leading technologies. Through its business units, the Company provides IaaS, SaaS, DRaaS, VoIP, IBM Power systems and storage hardware with managed IT services. For more information, please visit http://www.DataStorageCorp.com. Safe Harbor Provision This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. These forward-looking statements are based upon current estimates and assumptions and include statements regarding the expected timing of the closing of the offering, the possible offering of additional shares of common stock and/or warrants, and the intended use of proceeds . Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, market conditions and the satisfaction of all conditions to, and the closing of, the offering, as well as those risk factors set forth in the Company's Registration Statement on Form S-1 (File No. 333-253056), as amended, and its other filings and submissions with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements. Contact:Crescendo Communications, LLC212-671-1020DTST@crescendo-ir.com
(Bloomberg) -- A smattering of places, mainly across the Asia Pacific region, have posted breathtaking victories in the battle against Covid-19 by effectively wiping it out within their borders. Now they face a fresh test: rejoining the rest of the world, which is still awash in the pathogen.In some ways, the success of “Covid Zero” locations is becoming a straitjacket. As cities like New York and London return to in-person dealmaking and business as usual -- tolerating hundreds of daily cases as vaccination gathers pace -- financial hubs like Singapore and Hong Kong risk being left behind as they maintain stringent border curbs and try to stamp out single-digit flareups.After a brutal 18 months that claimed 3.3 million lives worldwide, nations like China, Singapore, Australia and New Zealand have suffered fewer deaths during the entire pandemic than many countries, even highly vaccinated ones, continue to log in a matter of days.That achievement has allowed people to have largely normal lives for much of the past year. Some haven’t even had to wear masks. But sustaining this vaunted status has also required stop-start lockdown cycles, near-blanket bans on international travel and strict quarantine policies. The few travelers permitted to enter have had to spend weeks in total confinement, unable to leave a hotel room.Now that mass inoculation drives are allowing other parts of the world to normalize and open up international travel, experts and residents are starting to question whether walling off from Covid is worth the trade-off, if implemented long-term.“The whole world is not going to be Covid Zero,” said Rupali Limaye, director of behavioral and implementation science at the International Vaccine Access Center at Johns Hopkins School of Public Health. “That’s not an option here.”Aggressive reactions to tiny caseloads may seem overblown to observers in countries facing thousands of infections a day, but the aim is to snuff out coronavirus before more disruptive restrictions like months-long lockdowns are needed, and largely the strategy has worked. Still, the slower pace of vaccination in these places, and the threat of new variants, has meant that measures have become more and more onerous.New York currently logs 95 new daily cases per million people, and the U.S. has just lifted its mask mandate for those vaccinated. Singapore found 4.2 new cases per million on Thursday, and is warning that the situation is on a “knife’s edge;” the city-state introduced tighter border restrictions and limited social gatherings after the city of 5.7 million reported 60 locally transmitted infections in a week.Meanwhile, Taiwan recorded 16 local cases on Wednesday -- a daily record high -- and promptly restricted access to gyms and other public venues. In Hong Kong, anyone living in the same building as a person infected with a new Covid variant was required to spend as much as three weeks in government isolation until the policy changed last week. Australia has said that it likely won’t open its international borders until the second half of 2022.“Because we have been so successful, we are even more risk-averse than we were before,” said Peter Collignon, a professor of infectious diseases at the Australian National University Medical School in Canberra.“We are very intolerant of letting any Covid come into the country. The fear has almost gotten out of proportion to what the risk is.”Paying the PriceContinued isolation is the price these places will have to pay to maintain this approach in the longer term, as other parts of the world learn to tolerate some infections as long as medical systems aren’t overwhelmed.Most experts agree that the virus is unlikely to disappear completely. Instead, it is expected to become endemic, meaning it will circulate at some level without sparking the deadly outbreaks seen since late 2019.To maintain zero infection rates, these economies will have to implement measures that are harsher and more strict, said Donald Low, professor at the Institute of Public Policy of the Hong Kong University of Science and Technology.“This is neither wise nor tenable for much longer,” he said. “All this puts the places that have done well to suppress Covid-19 so far at a serious disadvantage as their societies -- not having been exposed to the possibility of Covid-19 becoming endemic -- are not willing to accept any relaxation of measures that may put their health at risk.”Meanwhile, many countries -- particularly those in the west that are awash in vaccines -- are starting to reopen.Travelers from England and Scotland will be permitted to visit a dozen countries without quarantining from 17 May. In the U.S., where about 35,000 people were diagnosed with the virus on May 12, the strict quarantine rules that prevented the import of the pathogen to Covid Zero countries never existed. Most states are starting to lift their pandemic restrictions and 25 have removed them completely.For Hong Kong and Singapore, the drawbacks of maintaining an elimination strategy as financial centers like London and New York City re-open may be significant. As aviation hubs and financial centers, both cities’ economies are particularly reliant on travel, compared to export-led economies such as China and Australia that can stomach being shut for longer. In 2019, Hong Kong was the world’s most popular city with international visitors -- even after months of political unrest -- while Singapore came in fourth place. London was at No. 5 and New York at No. 11.Vaccination LagA major obstacle to reopening is the slow vaccine rollout in these Covid havens, due to a combination of supply limitations and citizens’ lack of urgency about fronting up for shots.China has administered enough vaccinations for about 12% of its population. In Australia the figure is 5% and in New Zealand, just 3%. Meanwhile, more than one-third of the U.S. -- and more than one quarter of the U.K. -- is fully protected, as those countries’ failure to mitigate the spread of Covid meant vaccination was prioritized.In places with very few infections, the public hasn’t developed the searing fear of the virus that emerged in the U.S., Europe, India and Brazil, where many families were cut off from dying loved ones or left unable to visit elderly relatives in care facilities.In fact many residents fear the vaccine more than the virus. Reports of routine side effects including fever and injection-site pain, as well as rare and potentially deadly complications like blood clots, have put people off. The lack of an immediate threat from Covid means some people would rather wait until the vaccines are more progressed.New VariantsNot everyone agrees that elimination can’t be pursued long-term. For Michael Baker, professor of public health at the University of Otago in Wellington, New Zealand, the approach’s benefits are evident in how deaths in the country -- from any cause -- actually dropped in 2020.“The evidence is overwhelming for zero Covid if you can achieve it,” he said. “If there had been the commitment to having elimination as the first option, we may have been able to eliminate it entirely and avoided this global disaster.”He’s still hopeful that the strategy will be more broadly adopted with the help of vaccination, so that coronavirus will follow the measles model rather than an endemic one.“With the measles approach, you largely stop outbreaks in every country that has high coverage,” he said.Nonetheless, Covid havens face a growing dilemma. If vaccinations don’t pick up pace, they risk being stuck in a perpetual cycle, unable to move past the pandemic.“If their vaccination rates are low, that further jeopardizes their ability to open up,” Low said. “If so, the earlier ‘victory’ of these places over Covid-19 would have been a Pyrrhic one.”(Updates to add daily case data for New York and Singapore and to reflect new U.S. mask rules.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Sunrise, FL, May 13, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Monaker Group, Inc. (NASDAQ: MKGI) (the “Company”), a technology solutions company focused on building a digital business ecosystem that caters to and ties together digital advertisers, consumers, video gamers and travelers, today announced the pricing of an underwritten public offering of 3,230,000 shares of its common stock at a public offering price of $2.50 per share, for gross proceeds to the Company of approximately $8.1 million, before deducting the underwriting discount and other offering expenses payable by the Company. Kingswood Capital Markets, division of Benchmark Investments, Inc. is acting as the sole book-running manager for the offering. The offering is expected to close on or about May 18, 2021, subject to customary closing conditions. In connection with the offering, the Company has granted the underwriters a 45-day option to purchase up to an additional 484,500 shares of its common stock on the same terms and conditions. The Company intends to use the net proceeds from this offering to repay a portion of the amount owed under promissory notes held by Streeterville Capital, LLC, provide capital to International Financial Enterprise Bank, Inc. ("IFEB Bank"), in advance of the closing of the acquisition of control of IFEB Bank, for general corporate purposes and working capital or for other purposes that the board of directors, in their good faith, deems to be in the best interest of the Company. The shares of common stock described above are being offered by Monaker Group, Inc. pursuant to a "shelf" registration statement on Form S-3 (File No. 333-224309) that became effective with the Securities and Exchange Commission (SEC) on July 2, 2018, the base prospectus contained therein and the accompanying prospectus supplement. A preliminary prospectus supplement and the accompanying prospectus relating to and describing the terms of the offering has been filed with the SEC. Before you invest, you should read the prospectus in the registration statement, the preliminary prospectus supplement, and other documents the Company has filed with the SEC for more complete information about the Company and this offering. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to this offering may be obtained on the SEC's website at http://www.sec.gov or by contacting Kingswood Capital Markets, Attention: Syndicate Department, 17 Battery Place, Suite 625, New York, NY 10004, by email at email@example.com, or by telephone at (212) 404-7002. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, 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 registration or qualification under the securities laws of any such state or jurisdiction. About Monaker Group, Inc. Monaker Group, Inc., is an innovative technology-driven company building a next-generation company through acquisition and organic growth, leveraging the strengths and channels of our existing technologies with those that we acquire, creating synergy and opportunity in the leisure space. Monaker Group is a party to a definitive agreement (subject to closing conditions) to acquire HotPlay Enterprise Limited, an innovative in-game advertising and AdTech company. Following the completion of the proposed HotPlay acquisition, Monaker Group plans to transform into NextPlay Technologies, an innovative global technology company focused on consumer engaging products in the video gaming and travel verticals with innovative Ad Tech, Artificial Intelligence and Blockchain solutions. For more information about Monaker Group, visit monakergroup.com and follow us on Twitter and Linkedin @MonakerGroup. Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of, and within the safe harbor provided by the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinions, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including “will,” “may,” “expects,” “projects,” “anticipates,” “plans,” “believes,” “estimate,” “should,” and certain of the other foregoing statements may be deemed forward-looking statements. Although Monaker believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Factors that may cause such a difference include risks and uncertainties related to the offering and use of proceeds; the fact that the COVID-19 pandemic has had, and is expected to continue to have, a significant material adverse impact on the travel industry and our business, operating results and liquidity; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness which are secured by substantially all of our assets; the closing of our planned acquisition of control of International Financial Enterprise Bank, Inc., a Puerto Rico corporation licensed as an Act 273-2012 international financial entity headquartered in San Juan Puerto Rico, and the ultimate terms thereof, as well as our ability to obtain the return of funds paid in connection therewith, in the event such transaction, for any reason, cannot be completed; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; our revenues and results of operations being subject to the ability of our distributors and partners to integrate our alternative lodging rental (ALR) properties with their websites, and the timing of such integrations; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; our business depends substantially on property owners and managers renewing their listings; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our long-term success depends, in part, on our ability to expand our property owner, manager and traveler bases outside of the United States and, as a result, our business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving ALR, Internet and e-commerce industries which could harm our operating results; risks associated with the operations of, the business of, and the regulation of, Longroot Holding (Thailand) Company Limited, which we indirectly control; the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; risks associated with our pending share exchange agreement with HotPlay Enterprise Limited, including our ability to close such transaction and dilution caused by such closing, as well as dilution caused by the conversion of our outstanding Series B Preferred Stock and Series C Preferred Stock into common stock; the fact that we may be subject to liability for the activities of our property owners and managers, which could harm our reputation and increase our operating costs; and that we have incurred significant losses to date and require additional capital which may not be available on commercially acceptable terms, if at all. More information about the risks and uncertainties faced by Monaker are detailed from time to time in Monaker’s periodic reports filed with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings “Risk Factors”. These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on the Company’s future results and/or could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Company Contacts: Monaker Group Richard Marshall Director of Corporate Development Tel: (954) 888-9779 Email: firstname.lastname@example.org
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Olympia Financial Group Inc. ("Olympia") (TSX: OLY) today announces its operating and financial results for the period ended March 31, 2021.
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Webber is reportedly out at TNT after 13 years.
(Bloomberg) -- China’s most widely-followed stock benchmark tumbled into a bear market after a selloff in some of the nation’s biggest technology firms.The MSCI China Index slid 3% Thursday, extending losses from its mid February high to more than 20%. This is the second time the gauge has fallen into a bear market in a little over a year. Last March, major equity benchmarks slumped following the spread of the Covid-19 pandemic.Meituan Shares Drop for 10th Session on Consumer Group CriticismStock benchmarks in Hong Kong and on the mainland are among the world’s worst performers since February as Beijing cracks down on heavyweight tech firms over monopolistic practices, further worsening investor sentiment already soured by concerns of liquidity tightening in China.“I wouldn’t be at all surprised if we were to see an ongoing 10% correction in the MSCI China over the next quarter or so,” John Woods, Asia Pacific chief investment officer at Credit Suisse Group AG, told Bloomberg TV on May 12, citing increased regulatory intervention as a top concern. “This is weighing on the extremely important tech sector.”Tencent Holdings Ltd., Alibaba Group Holding Ltd. and Meituan have accounted for more than 40% of the index’s decline since the February high, Bloomberg data show. Alibaba tumbled to the lowest in almost a year in New York, after reporting its first quarterly loss since 2012 on Thursday. Investors were disappointed about its results and concerned that its spending outlook could pressure margins.Read: Alibaba Hits Lowest Since June on Spending Plans: Street WrapA Hong Kong gauge tracking Chinese technology stocks has lost more than 30% since a February high. Beijing had pledged to curb the “reckless” push of technology firms into finance and crack down on monopolies online. It has forced Jack Ma’s Ant Group Co. to revamp its businesses and fined giants including Tencent and Meituan for violating anti-trust regulations. This week, Meituan slumped after its CEO posted a poem seen as critical of Beijing.(Updates details in the fifth and sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
SOUTH SAN FRANCISCO, Calif., May 13, 2021 (GLOBE NEWSWIRE) -- Vera Therapeutics, Inc. (“Vera”), a clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases, today announced the pricing of its initial public offering of 4,350,000 shares of its Class A common stock at a price to the public of $11.00 per share. The gross proceeds to Vera from the offering, before deducting the underwriting discounts and commissions and offering expenses, are expected to be $47.85 million. All of the shares are being offered by Vera. In addition, Vera has granted the underwriters a 30-day option to purchase up to an additional 652,500 shares of its Class A common stock at the initial public offering price, less the underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Global Market on May 14, 2021, under the ticker symbol “VERA.” The offering is expected to close on May 18, 2021, subject to customary closing conditions. Jefferies LLC, Cowen and Company, LLC, and Evercore Group L.L.C. are acting as active joint book-running managers for the offering. Registration statements relating to these securities were filed with the U.S. Securities and Exchange Commission (SEC) and became effective on May 13, 2021. Copies of the registration statements can be accessed through the SEC’s website at www.sec.gov. This offering is being made only by means of a written prospectus, forming a part of the effective registration statement. Copies of the final prospectus relating to the initial public offering can be obtained, when available, from: Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10012, by telephone at 877-821-7388 or by email at prospectus_department@Jefferies.com; Cowen and Company, LLC, c/o Broadridge Financial Services, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, or by telephone at (833) 297-2926, or by email at PostSaleManualRequests@broadridge.com; or Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 36th Floor, New York, NY 10055, or by telephone at 888-474-0200, or by email at email@example.com. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, 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 registration or qualification under the securities laws of any such state or jurisdiction. About VeraVera Therapeutics is a clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases. Vera’s lead program is atacicept, a fusion protein that is in development for IgA nephropathy, a disease with high unmet medical need and no approved therapies. In addition, Vera is evaluating additional diseases where atacicept’s reduction of autoantibodies may prove medically useful, including lupus nephritis (LN), a severe renal manifestation of systemic lupus erythematosus (SLE). For more information please visit www.veratx.com. Contacts Investor Contact:IR@veratx.com Media Contact:Greig Communications, Inc.Kathy Vincent(310) firstname.lastname@example.org