A Florida elementary school teacher is facing charges that he solicited online to have sex with a 2-year-old and traveled to meet the child.
A Florida elementary school teacher is facing charges that he solicited online to have sex with a 2-year-old and traveled to meet the child.
Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming June 15, 2021 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Intrusion Inc. ("Intrusion" or the "Company") (NASDAQ: INTZ) securities between January 13, 2021 and April 13, 2021, inclusive (the "Class Period").
Law Offices of Howard G. Smith reminds investors of the upcoming June 15, 2021 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased LifeMD, Inc. ("LifeMD" or the "Company") (NASDAQ: LFMD) securities between January 19, 2021 and April 13, 2021, inclusive (the "Class Period").
Law Offices of Howard G. Smith reminds investors of the upcoming June 11, 2021 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired FibroGen Inc. ("FibroGen" or the "Company") (NASDAQ: FGEN) securities between November 8, 2019 and April 6, 2021, inclusive (the "Class Period").
Organic Certified Skincare and Haircare Products Now Available on Walmart.com SO’BiO étic®, which is launching its certified organic skincare products in the U.S., is the No. 1 brand in France in natural and organic cosmetics, with total annual revenue exceeding $77 million. The cosmetics are created in a state-of-the-art eco-friendly factory, with unique technologies in France. The launch will focus on SO’BiO étic's® major product line: Pour une Peau Parfaite, a simple skincare routine based on the sacred lotus flower from Vietnam, which fights against the first signs of aging: SO’BiO étic® is also bringing to America Pur Bamboo, skincare products that eliminate impurities and purifies the skin. SO’BiO étic® is available on Walmart.com. PALM BEACH, FL, April 21, 2021 (GLOBE NEWSWIRE) -- For those who want to take care of their skin but are always in a rush. For those who want to protect the planet but are lost with all the information they receive every day. For those who want to travel the world staying in their bathroom, taking care of their skin with the best ingredients from different countries, and helping fair trade partnership. SO’BiO étic® is here for them and is now available on Walmart.com! Let’s explain why. From home-made cosmetics to the Green Empire in La Rochelle, SO’BiO étic® uses an eco-designed factory, eco-designed warehouses, gardens, orchards, boutique, vegetable garden, hives, henhouse, organic and for employees, vegan cafeteria, and sports club. Charles Kloboukoff, the founder and CEO of the Léa Nature Company in France, today oversees more than 1,200 employees and 15-plus natural/organic certified brands, including his major brand, SO’BiO étic®’s organic and ethical beauty products. When he started everybody thought he was a utopist, but he never gave up. Indeed, he created SO’BiO étic® for a better world. He wanted to create cosmetics for healthier people, a healthier planet, and that was affordable to anyone. From the beginning, the brand has been certified organic, cruelty-free, and ethical. Over the years, the brand grew even more socially responsible by adding eco-friendly packaging made of cane sugar, new ethical ingredients, and new fair-trade partnerships. The products also evolved with new textures and natural perfumes to finally find the perfect match. As the brand grew, the company also donated more funds to help associations around the world by giving 1% of its turnover to the “1% for the planet Club.” Thirteen years later, in 2021, SO’BiO étic® is now the No. 1 brand in France in natural and organic cosmetics, with total annual revenue exceeding $77 million. The cosmetics are now created in a state-of-the-art eco-friendly factory, with unique technologies in France. This is how Charles Kloboukoff gained his nickname: The Green Heart Entrepreneur. SO’BiO étic®, the No. 1 organic cosmetics brand in France, now has its sites on America. Walmart.com now carries SO’BiO étic®’s most popular organic certified skincare and hair products. “We are excited that American women are now able to find SO’BiO étic® organic certified skincare and hair products on Walmart.com,” said Sabrina Vincent, Area Director of the Americas for Léa Nature Company, the French parent company of SO’BiO étic®. “Placing our most popular organic certified skincare and hair products on Walmart is part of our expansion plans for the American market.” The launch will be focused on the major line: Pour une Peau Parfaite, a simple skincare routine based on the sacred lotus flower from Vietnam, which fights against the first signs of aging: Hydrating Day Cream for a zero defect missionOrganic Brightening Moisturizing Cream to plump up your skinTone Correcting Serum to correct skin textureOrganic cleansing foam to clean your delicate skin You will also find the following popular SO’BiO étic® products online: Pur Bamboo, which eliminates impurities and purifies the skin.Précieux Argan Peaux Matures, which is ideal for mature skin.Hydra Aloe Vera, which deeply hydrates the skin.SO’BiO étic® shampoo & conditioner SO’BiO étic®’s product line is suitable for women of all ages with all skin types. “You can use SO’BiO étic® products for everyday use,” she said. “We have eliminated any ingredient that has been demonstrated or alleged to be harmful.” SO’BiO étic® is certified by both Ecocert, the European certification standard for organic products, and COSMOS ORGANIC, which certifies more than 22,000 products in 70 countries. The company does not use parabens, glycol, silicones, PEG, nanoparticles, or chemical filters. SO’BiO étic® develops organic and healthier products that are also vegan and cruelty-free. * “We want to bring out the dormant beauty in women while keeping our world safe and beautiful,” she added. For more information or to purchase skincare and beauty products from SO’BiO étic®, visit Walmart.com (* Précieux Argan Peau Mature line’s formula is expected to be vegan later this year. For now, it uses royal jelly). Attachments POUR UNE PEAU PARFAITE Skincare Pur Bamboo Skicare CONTACT: Robert Grant SO’BiO étic® 561-421-3045 email@example.com
Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming June 15, 2021 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Franklin Wireless Corp. ("Franklin" or the "Company") (NASDAQ: FKWL) securities between September 17, 2020 and April 8, 2021 inclusive (the "Class Period").
Here's what Wall Street expects from fast casual food chain Chipotle's first-quarter earnings report.
GAITHERSBURG, Md., April 21, 2021 (GLOBE NEWSWIRE) -- The U.S. Food and Drug Administration (FDA) has completed its inspection of Emergent BioSolutions’ (NYSE:EBS) Baltimore-Bayview facility and provided specific feedback. Given the heightened focus on this facility, the FDA has proactively shared its findings to keep the public, policymakers and all other stakeholders informed. The issuance of findings by the FDA is normal following a facility inspection and provides direction on the necessary steps to improve operations. Emergent is committed to working with the FDA and Johnson & Johnson to quickly resolve the issues identified. We deeply value the relationship we have with our manufacturing partners and with the FDA. The FDA’s feedback will help us continue to improve and strengthen the supply chain for Johnson & Johnson’s COVID-19 vaccine. While we are never satisfied to see shortcomings in our manufacturing facilities or process, they are correctable and we will take swift action to remedy them. We are exceedingly proud of our heroic workforce in Baltimore who have stepped up to work 24/7 to ensure vaccines will be produced with the highest quality and be quickly available to fight this pandemic. About Emergent BioSolutionsEmergent BioSolutions is a global life sciences company whose mission is to protect and enhance life. Through Emergent’s specialty products and contract development and manufacturing services, Emergent is dedicated to providing solutions that address public health threats. Through social responsibility, Emergent aims to build healthier and safer communities. Emergent aspires to deliver peace of mind to its patients and customers so they can focus on what’s most important in their lives. In working together, Emergent envisions protecting or enhancing 1 billion lives by 2030. For additional information, visit Emergent’s website and follow Emergent on LinkedIn, Twitter and Instagram. Safe Harbor StatementThis press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements, other than statements of historical fact, including statements regarding our supply chain and resolution of the issues identified and any other statements containing the words “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates” and similar expressions, are forward-looking statements. These forward-looking statements are based on our current intentions, beliefs and expectations regarding future events. We cannot guarantee that any forward-looking statement will be accurate. The reader should realize that if underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results could differ materially from our expectations. Readers are, therefore, cautioned not to place undue reliance on any forward-looking statement. Any forward-looking statement speaks only as of the date of this press release, and, except as required by law, we do not undertake to update any forward-looking statement to reflect new information, events or circumstances. There are a number of important factors that could cause the company's actual results to differ materially from those indicated by such forward-looking statements. The reader should consider this cautionary statement, as well as the risk factors identified in our periodic reports filed with the SEC, when evaluating our forward-looking statements. Media Contact:Matt HartwigDirector, Media RelationsHartwigM@ebsi.comInvestor Contact:Robert G. BurrowsVice President, Investor RelationsBurrowsR@ebsi.com
Airbus has launched the biggest shake-up of its manufacturing network in more than a decade, with large parts activities reorganized in France and Germany and some small parts activities to be placed under review. The European planemaker said on Wednesday it would combine aerostructure assembly in France under one entity, bringing major fuselage parts plants in St Nazaire and Nantes together with the worldwide operations of its Stelia affiliate. In Germany, the Premium Aerotec business will be split, with part of it combined with manufacturing plants in Stade and some of the large Hamburg factory, and the rest folded into a new business specialising in small mass-produced "detail" parts.
Being a bridesmaid needn't mean looking like a blancmange...
Our countdown of the top 100 prospects in the 2021 NFL draft rolls along with No. 12 overall — the spindly Heisman Trophy winner whose tape shows how he can win in the NFL.
Toxic air that chokes Indian cities and kills hundreds of thousands of people also carries a grim economic burden for the country's companies of around $95 billion a year, according to researchers who urged firms to lead the drive against pollution.
Nicola Wealth steps up to impact female athletes through a national community partnership Toronto, ON, April 21, 2021 (GLOBE NEWSWIRE) -- CAN Fund #150Women, a philanthropic community of women across Canada, introduces Nicola Wealth as their new premier partner. The partnership connects Nicola Wealth and women coast to coast in support of female athletes representing Canada on the world stage. Through CAN Fund #150Women, female athletes are provided $6000 (up to twice a year) so they can afford coaching, travel to training camps and competitions, proper nutrition, extra physiotherapy, new equipment, pay national team fees and other unexpected expenses that come with wearing the maple leaf. Nicola Wealth’s sponsorship will help grow and strengthen the CAN Fund #150Women community which will provide greater funding, enable more female athletes to train and compete to achieve their full potential and inspire women to join. “I am proud to have Nicola Wealth join the CAN Fund #150Women community. Working together, we can expand our exceptional network of women across Canada and ultimately amplify the impact on our female athlete’s journeys.” says Jane Roos, Founder of CAN Fund. The partnership between CAN Fund #150Women and Nicola Wealth aligns two organizations who both desire to build a culture of excellence and performance through a network of powerful Canadian women. “Whether it is in wealth management and our work with clients or supporting Canadian female athletes, we are proud to engage in opportunities that inspire and support excellence,” shares Nicola Wealth’s Chief Legal Officer, Danielle Skipp. “In the same way we help the families we work with, we aim to help our athletes build legacies by delivering the stability, security, and resources they need to focus on what is important to them.” Many women have shared that joining the CAN Fund #150Women and giving female athletes more opportunity to succeed aligns with their values of women supporting women and is so impactful to them. Virtual events like the CAN Fund #150Women BE EPIC classes are allowing members and athletes to collaborate and share their stories building a community with purpose giving access to expertise and opportunities through sharing knowledge, passions, and talents. To become a CAN Fund #150Women member and learn more visit: https://canadianathletesnow.ca/150women/ Website: www.MyCANFund.ca About CAN Fund #150Women CAN Fund #150Women launched in November 2017 as a campaign to invite women to donate and support our female athletes who compete for Canada. Quickly it transformed into an ever-growing network of women with a shared vision of supporting and celebrating female success. There are now over 1000 CAN Fund #150Women Members, bringing together women with diverse knowledge and experience, coast to coast. The youngest CAN Fund #150Women is 18 and the oldest is 85. Become a CAN Fund #150Women Member and join this exceptional network with a donation of $150 or more. You will receive a tax receipt and the name of the female athlete you are supporting. To date, 301 female athletes have become CAN Fund #150Women Recipients, receiving $6000 each. CAN Fund #150Women provides funding so that athletes can afford coaching, travel to training camps and competitions, proper nutrition, extra physiotherapy, new equipment, pay national team fees and other unexpected expenses that come with wearing the maple leaf as an elite athlete that would otherwise be paid out of pocket. CAN Fund #150Women mantra is BE EPIC! Love yourself, be brave, take risks to get what you want in life, and empower women around you to follow your lead. About Nicola Wealth Established in 1994, Nicola Wealth (www.nicolawealth.com) is a full-service wealth planning firm that offers affluent families and accomplished individuals a comprehensive combination of financial planning and portfolio management. The firm is among Canada’s fastest-growing asset fund management and private investment counsel firms (Investor Economics) with over $9 billion in assets under management. Nicola Wealth provides portfolio diversification well beyond stocks and bonds, comprehensive and integrated wealth planning, and consistent and stable returns to clients across Canada. Attachment CAN Fund #150Women - collage CONTACT: Victoria Emslie Nicola Wealth 604-484-1286 firstname.lastname@example.org
The "UV Curable Inks - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Series D Financing Led by SPDB International Will Support Global Expansion and Accelerate Its Cloud-Native Analytics Platform BusinessSAN JOSE, Calif., April 21, 2021 (GLOBE NEWSWIRE) -- Kyligence, originator of Apache Kylin and the leader in intelligent data analytics, today announced that the company has closed $70 million in Series D funding to continue powering its global expansion and rapid customer adoption. This funding round attracted global investment management organizations, including the round’s lead investor, SPDB International. New investors Alpha Square Group, CICC, Gopher Asset Management, Shanghai Growth Capital, PUXIN Capital, and Jumbo Sheen Group also participated in the round. The round included follow-on investments from existing investors Eight Roads Ventures (the proprietary investment arm of Fidelity International Limited), Redpoint and Shunwei Capital. Kyligence was founded in 2016 by the creators of Apache Kylin, a leading open-source OLAP big data project. The Apache Kylin project was started at eBay’s China Center of Excellence (CCOE) in Shanghai, China and contributed to Apache Software Foundation (ASF) in 2015. It quickly graduated to the Top Level Project of ASF later that year. The Kyligence platform simplifies the deployment of massive interactive analytics in the cloud by providing unified data semantics and automated data processing and aggregation across a wide range of use cases with its patented AI-Augmented operations. With this investment, Kyligence will keep fueling its rapid growth by further investment in research and development of its products to support innovative cloud-native and machine learning advances. The next-generation enterprise-grade data platform provided by Kyligence, will assist enterprises to realize future-oriented digital transformation, thereby improving the capability and efficiency of data management and analytics. “Today’s cloud data warehouses and data lake analytics are struggling to deliver cost effective analytics as data and user volumes explode,” said Luke Han, co-founder and CEO of Kyligence. “Kyligence can vastly improve the economics of these platforms via our cloud-native architecture and AI-augmented operations. Coupled with a Unified Semantic Layer, Kyligence customers can expect unprecedented performance and concurrency at the least possible cost. Our investors understand that our commitment to this kind of innovation, customer focus, and cost control for cloud analytics has us moving in the right direction.” Hongrui Jia is the CEO of SPDB International, the offshore investment bank wholly owned by Shanghai Pudong Development Bank Co., Ltd. and the lead investor in this round. He said “Kyligence, one of SPD Bank’s business partners, is a leading data intelligence company in the field of big data. As the creator of Apache Kylin, Kyligence has had a profound global influence and continues to strengthen the platform with a cloud-native design and AI-augmented operations. With the explosive growth of data and its broad applications, we believe that SPDB International, together with Kyligence, can accelerate SPD Bank's digital service capabilities.” According to Gartner, by the end of 2024, 75 percent of enterprises will shift from experimenting to operationalizing AI, driving a 5X increase in streaming data and analytics infrastructures in the process. Trusted by Global Fortune 500 companies, Kyligence’s AI-Augmented engine intelligently identifies, manages, and optimizes a company’s most valuable data, enabling analysts and data engineers to build out new analytics services - on-premises or in the cloud. One Kyligence customer UBS, a multinational investment bank and financial services company, uses Kyligence to analyze worldwide transactions to keep on top of its risk profile. Kyligence helps UBS process close to a billion new records every day, updating their model every couple of hours to ensure the transactions are not adding risk. Tweet this: @Kyligence Raises $70M in Growth Funding to Meet Global Demand for High Performance Data Analytics #cloud #BI #bigdataanalytics https://kyligence.io/newsroom/About KyligenceFounded by the creators of Apache Kylin, Kyligence Cloud provides an intelligent analytics performance layer that sits between data sources and BI tools. Kyligence features an AI-Augmented learning engine to ensure peak performance and vastly simplified data modeling. The result is sub-second query response time for BI, SQL, OLAP, and Excel users even against petabytes of data. Kyligence is headquartered in San Jose, CA and Shanghai, China. Ventured-backed by Redpoint Ventures, Cisco, China Broadband Capital, Shunwei Capital, and Eight Roads Ventures (the proprietary investment arm of Fidelity International Limited) and Coatue Management, Kyligence serves a global customer base that includes UBS, AppZen, Xactly, SPD Bank, Pingan Bank, Bank of Ningbo, China Pacific Insurance (Group) Co Ltd, China Continent Insurance, China UnionPay, VIVO, SAIC Motor, China FAW Group Corporation, and ANTA.Follow Kyligence on LinkedIn and Twitter.Media Contact:Kim Pegnato33 Vine Communications email@example.com
Erica Ishida, President/Chief Operating Officer, Apple Growth Partners CLEVELAND, Ohio, April 21, 2021 (GLOBE NEWSWIRE) -- Apple Growth Partners (AGP), award-winning accounting and business advisory firm, has named Erica Ishida, MPOD, president and chief operating officer. Ishida joins chairman Chuck Mullen, CPA, CMA, MTax, CGMA, to execute the firm’s aggressive growth strategy. Erica Ishida, MPOD, joined Apple Growth Partners in 2020, having previously partnered with the firm as an external executive coach and leadership consultant. In less than a year, Ishida has transformed the firm’s culture by focusing efforts on people and processes. Still navigating the ongoing pandemic impacts, Ishida collaborated with the firm’s leadership team to develop a hybrid/remote work strategy for employees post-Covid-19. Ishida also established the groundwork for the essential foundation required for growth, including identifying policies and procedures, chartering a change management program, and founding accountability models for employees. As a certified leadership development coach, Ishida’s experience includes people development, sales growth, cultural transformations, and individual and organizational growth. Through her consulting business, Coconino Partners, and positions as a C-level executive for Northeastern Ohio companies, she has helped companies and individuals achieve intentional development by focusing on leadership, culture, value creation, and change management, ultimately leading to revenue growth. Ishida’s role will focus on charting the growth trajectory for AGP by managing the internal operations of the firm, including talent, culture, project and change progression, teamwork, and accountability. As the first female executive appointed by the firm, Ishida’s announcement represents expanding gender inclusion in the accounting industry, particularly in equity partner roles. According to the 2019 CPA Firm Gender Survey published by the AICPA in 2020, only 23 percent of partners in CPA firms were women and only 29 percent of female representation in executive committees (for firms with 21 – 99 CPAs). “Erica’s vast experience in leadership and team development is like none we’ve had in our firm’s history,” states chairman Chuck Mullen. “Along with her impressive resume of expertise and proven results in growing and scaling businesses, her input as a female executive is necessary for our firm. Erica brings the perspective of more than half of our employees to the operating committee. As all employers continue to outline the future of the workforce in a post-Covid world, her insight is significant to our culture.” Recent studies show CPA firms can continue attracting and retaining female professionals by establishing ‘modified work arrangements’ (MWAs), including remote working, reduced hours, flextime, and seasonal roles. Ishida’s initiative since joining AGP in 2020 is the development of a hybrid work strategy for the firm’s professionals, continuing the success of AGP’s transition to a virtual workforce at the onset of the pandemic. The plan, known as AGP Anywhere, will support employees’ choice for their work setting and flexibility, along with hiring full-time remote professionals outside Ohio for the first time. Collaborating with chairman Chuck Mullen, Ishida will play a significant role expanding the award-winning firm by managing the workforce and internal operations, while Mullen focuses on external collaboration and opportunities. “Working alongside Erica will set our growth plan in action, as we have our sights set on expanding to a $100M firm within 10 years,” comments Mullen. “In the last 12 months, our firm successfully managed to transition to a remote workforce, which kept our employees and families safe during the pandemic and presented new opportunities for clients outside of Northeastern Ohio. We’re confident our firm will exceed aggressive growth goals and continue delivering healthy growth solutions to business owners anywhere.” “Having Erica onboard as our firm’s president and chief operating officer provides a dual focus from our leadership team – navigating external opportunities for growth by appropriately managing internal workloads and culture development. With Erica on our team as president and COO, our firm is on the path of advancement.” About Apple Growth Partners Apple Growth Partners (AGP) is an award-winning accounting and business advisory firm with more than 77 years of creative solutions that deliver healthy, sustainable growth. AGP offers a full range of services for privately held businesses, including tax planning and compliance, audit and assurance, business valuation, litigation consulting, employee stock ownership plans (ESOPs), fraud prevention and detection, family office services for High-Net-Worth individuals, and transaction advisory. With more than 100 employees, AGP collaborates with business owners and partners across Ohio and beyond, extending client services through a remote workforce in 2020 while maintaining office locations in Akron, Canton, Cleveland, and Kent. AGP’s professionals provide expertise in additional industries and services, such as employee benefit plans, bookkeeping, auto dealerships, manufacturing, construction and real estate, and Black-owned businesses. To learn more, visit www.applegrowth.com. Attachment Erica Ishida CONTACT: Brittany White Apple Growth Partners 330-315-7852 firstname.lastname@example.org
Reality show star claimed £20,000 in compensation after a 2018 crash
San Diego, CA, April 21, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Regrow (the “Company”), the premier supply chain management cloud platform designed specifically for the cannabis industry, announced today the appointment of Craig E. Harper to its Board of Directors (the “Board”). Harper was previously an appointed strategic advisory member and brings over 30 years of experience in leading technology companies to rapid growth and success. “Craig exemplifies a commitment to advancing Regrow’s mission to be the world’s premiere cannabis supply chain management platform,” said Regrow CEO Rob Woodbyrne. “We are extremely fortunate to have Craig join us in taking on a new, more hands-on role from his initial status as an advisory board member as we take Regrow through the next phase of growth in 2021.” As a well-respected leader in the tech industry, Harper served as CEO of major businesses such as Cherwell Software, and also ran global sales at ServiceNow, BMC Software and ServiceMesh. Under Craig’s insightful leadership, these organizations achieved incredible results through either IPO or acquisition. In addition to bringing years of tech expertise to Regrow’s Board in this new role, Harper also serves as a board member for other high-growth technology organizations. As the newest member of Regrow’s Board, Harper will be serving alongside Regrow Co-Founder Chris Flores and Woodbyrne. “Regrow is accomplishing vital work in the tech community, in an important area that’s more necessary than ever before due to the ever-changing cannabis landscape,” said Harper. “I’m hopeful that my counsel and insight as a member of the Board will continue to position Regrow as a leader in supply chain management.” Designed by software engineers and experienced technology executives, the Regrow software service allows cultivators to analyze performance metrics of their strains, formulations, harvests, workforce, pest management tasks, vendors and monitor environmental measures to increase the efficiency of their operation. This service allows cultivators to fully configure the metrics that matter most to their business, such as the cost per gram in production, time to market and overall increased yield and margins. The Regrow software eliminates the manual recording of tasks that contributes to costly human error, which allows for measurable profitability gains across an organization. For more information on Regrow visit regrow.io or to be a part of Regrow’s limited phase one launch, please email us at email@example.com. About RegrowRegrow is a first-of-its-kind cloud platform designed specifically to help cannabis operators increase their yields, maximize their canopy space, automate workflows, manage work forces and ensure documented compliance in all areas of the supply chain. Designed by software and process experts passionate about cannabis and helping scale the industry, Regrow’s platform helps companies automate manual tasks, reduce costs, avoid supply shortages, and create dynamic workflows that help to maximize yields and increase profitability. Driven by a core “continuous improvement” philosophy, Regrow’s platform is configurable to specific business needs and easily adaptable to a company’s scaling objectives, offering prescriptive solutions while conforming to unique business requirements. Public Relations Contact:CMW MediaCassandra Dowell, firstname.lastname@example.org
Bubble tea, also known as boba tea, is deliciously sweet — and so easy to make. The post Bubble tea is actually pretty easy to make. Try this vegan version at home appeared first on In The Know.
(Bloomberg) -- UiPath Inc. climbed in its trading debut, opening at $65.50 after the automation software maker and its shareholders raised $1.3 billion in an initial public offering.The shares were up 20% at 12:38 p.m. in New York, giving UiPath a market valuation of $35 billion and a fully diluted value, including employee stock options and restricted stock units, of about $38 billion. The company and investors sold almost 24 million shares on Tuesday for $56 each.The stock priced above a marketed range, but gave the company a lower value than it reached in a February funding round.UiPath raised $750 million in that fundraising round, valuing it at $35 billion. The round was led by Alkeon Capital and Coatue, according to a statement at the time. A dip in some software stocks since then -- including Snowflake Inc., which is down 18% from Feb. 1 -- played a part in the IPO pricing decision, said a person familiar with the matter who asked not to be identified because the information was private.That valuation was still triple that in July, when the company said it was valued at $10.2 billion in a funding round, up from a valuation of $7 billion in a 2019 round.In the IPO, UiPath sold about 9.4 million shares while shareholders including its chairman and backers Accel and Alphabet Inc.’s investment fund offered 14.5 million, according to its filings.Started in an apartment in Romania with 10 people in 2005, UiPath now has a presence in close to 30 countries, Chief Executive Officer and co-founder Daniel Dines wrote in a letter to investors. “Starting a company from a small place with no market has a hidden advantage: It forces you to think globally from day one,” he wrote.CEO’s ControlDines, who is also chairman, owns all of UiPath’s Class B shares, which represent 88.2% of the voting power in the company, the filing shows.UiPath, now based in New York, reported a net loss of $92 million on $608 million revenue in the 2021 fiscal year ending Jan. 31. Its net loss narrowed from $520 million a year ago thanks to foreign exchange gains. It had $336 million in revenue a year earlier.The offering was led by Morgan Stanley and JPMorgan Chase & Co.. UiPath‘s shares are trading on the New York Stock Exchange under the symbol PATH.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.
AI and Big Data Powered EDR Outperforms Human Approaches in Delivering Complete Visibility, Real-Time Detections, and Unparalleled Simplicity