Category: Article – Media

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Article: Form 8-K Bionano Genomics, Inc

Article - Media, Publications

Form 8-K Bionano Genomics, Inc/strong>

EDGARFILINGS LTD, 21 January 2021

On January 20, 2021, Bionano Genomics, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Oppenheimer & Co. Inc., as representative of the several underwriters named therein (collectively, the “Underwriters”), relating to the issuance and sale in a public offering of 33,333,350 shares of the Company’s common stock, par value $0.0001 per share. The price to the public in the offering is $6.00 per share and the Underwriters have agreed to purchase the shares from the Company pursuant to the Underwriting Agreement at a price of $5.64 per share. The net proceeds to the Company from the offering are expected to be approximately $187.3 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The closing of the offering is expected to occur on January 22, 2021, subject to customary closing conditions. In addition, the Company granted the Underwriters a 30-day option to purchase up to 5,000,002 shares of the Company’s common stock at the public offering price, less the underwriting discounts and commissions. Continue reading “Article: Form 8-K Bionano Genomics, Inc”

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Article: Form 8-K Vinco Ventures, Inc.

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Form 8-K Vinco Ventures, Inc.

M2 Compliance, 21 January 2021

On January 19, 2021, Vinco Ventures, Inc. (“Vinco Ventures”), ZVV Media Partners, LLC (the “Company”) and Zash Global Media and Entertainment Corporation (“ZASH”) entered into a Contribution Agreement (the “Agreement”). Vinco Ventures and ZASH desire to establish the newly formed Company in order to engage in the development and production of consumer facing content and related activities.

Under the terms of the Agreement, Vinco Ventures and ZASH shall contribute certain assets (the “Contributed Assets”) to the Company. At Closing, Vinco Ventures and ZASH shall enter into a limited liability operating agreement of the Company and a content distribution agreement with American Syndication Media Corporation (“ASMC”). The Company shall not assume any liabilities of either Vinco Ventures or ZASH except those liabilities arising in or specifically relating to periods, events or occurrences happening with respect to the Contributed Assets on or after the Closing Date. In consideration of the Contributed Assets, the Company shall issue to Vinco Ventures and ZASH 5,000 Units. The transaction closed on January 19, 2021.

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Article: Vinco Ventures skyrockets over 300% after inking merger deal with Zash

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Vinco Ventures skyrockets over 300% after inking merger deal with Zash

Will Daniel, 21 January 2021

“The Company’s proprietary Influencer Platform led to over 2 billion video views within a 30-day period. With a current follower network of over 350+ million, we are poised to revolutionize the next generation of video distribution,” said Brian McFadden, Chief Strategy Officer of Zash.

Zash uses its analytics and distribution technology to ensure as many eyes as possible are on its partners’ content.

“We utilize data, metadata, and the IoT [Internet of Things] to meet the ever-changing engagement and content demands of content developers, consumers, and creators,” said Vince Butta, ZASH co-founder. “The unique monetization model for our global ecosystem of platforms really differentiates ZASH.”

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Article: Semion Mogilevich Today: Where Is the Notorious Ukrainian-Russian Mobster?

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Semion Mogilevich Today: Where Is the Notorious Ukrainian-Russian Mobster?

A new true crime documentary series dropped on Netflix on August 5, World’s Most Wanted, which profiles five of the most notorious fugitives of the past few decades.

One of the episodes focuses on Ukrainian-Russian mobster Semion Mogilevich, who is considered by many agencies to be the “boss of bosses” of the majority of Russian mafia organizations.

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Article: InMed Pharmaceuticals to Participate in 2021 Cannabinoid-Derived Pharmaceuticals Industry Review Summit Europe

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InMed Pharmaceuticals to Participate in 2021 Cannabinoid-Derived Pharmaceuticals Industry Review Summit Europe

PRNewswire, 19 January 2021

InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (NASDAQ:INM) (TSX:IN), a clinical-stage pharmaceutical company developing medications targeting diseases with high unmet medical need and leading the clinical development of cannabinol (“CBN”), today announced that executives of the Company will speak at the 2021 Cannabinoid-Derived Pharmaceuticals Industry Review Summit Europe (“CDP Europe”). CDP Europe will be held virtually from January 19-21, 2021. Michael Woudenberg – Vice President, Chemistry, Manufacturing & Controls, Karen Long – Senior Director, Drug Development, and Prof. Mauro Maccarrone PhD – Scientific Advisor to InMed will all be featured as expert speakers at the event.

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Article: Tattooed Chef Announces Redemption of Public Warrants

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Tattooed Chef Announces Redemption of Public Warrants

GLOBE NEWSWIRE, 14 January 2021

Tattooed Chef, Inc. (Nasdaq: TTCF, TTCFW) (“Tattooed Chef” or the “Company”), a leader in plant-based foods, today announced that the Company will redeem all of its outstanding publicly held warrants (the “Public Warrants”) that remain unexercised immediately after 5:00 p.m. New York City time on February 16, 2021, the date for redemption fixed by the Company. Under the terms of the warrant agreement governing the public warrants (the “Warrant Agreement”), the Company is entitled to redeem all of the outstanding public warrants if the last sales price of the Company’s common stock is at least $18.00 per share on each of twenty trading days within any thirty-day trading period. This share price performance was achieved as of January 11, 2021.
Continue reading “Article: Tattooed Chef Announces Redemption of Public Warrants”

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Article: CleanSpark Investors: Company Investigated by the Portnoy Law Firm

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CleanSpark Investors: Company Investigated by the Portnoy Law Firm

GLOBE NEWSWIRE, 19 January 2021

The Portnoy Law Firm advises CleanSpark, Inc. (“CleanSpark” or the “Company”) (NASDAQ: CLSK) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors concerning whether the Company fabricated key elements of its business.
Continue reading “Article: CleanSpark Investors: Company Investigated by the Portnoy Law Firm”

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Article: How The Trading Platform Robinhood Started Stealing From The Poor To Give To The Rich

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How The Trading Platform Robinhood Started Stealing From The Poor To Give To The Rich

A best-selling fiction author could not have spun a more ironic tale so completely representative of our time. Just as an unprecedented situation—COVID and lockdowns—unfolded over the past year and led to massive gains for corporate titans like Walmart and Amazon.

While governments have crushed small businesses and individuals, a new, unprecedented situation has unfolded over the past week.

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Article: Are InMode Ltd. (NASDAQ:INMD) Investors Paying Above The Intrinsic Value?

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Are InMode Ltd. (NASDAQ:INMD) Investors Paying Above The Intrinsic Value?

Simply Wall St, 18 January 2021

How far off is InMode Ltd. (NASDAQ:INMD) from its intrinsic value? Using the most recent financial data, we’ll take a look at whether the stock is fairly priced by taking the expected future cash flows and discounting them to today’s value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Don’t get put off by the jargon, the math behind it is actually quite straightforward.

Remember though, that there are many ways to estimate a company’s value, and a DCF is just one method. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model.

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Article: Samsung’s Jay Y. Lee on cusp of stepping out of father’s shadow

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Samsung’s Jay Y. Lee on cusp of stepping out of father’s shadow

Joyce Lee, 17 January 2021

SEOUL (Reuters) – For years, legal troubles have cast a cloud over Samsung Electronics Vice Chairman Jay Y. Lee as he stood on the cusp of stepping out of his father’s shadow and making a name for himself as the leader of the global tech giant.

On Monday, he faces sentencing on a bribery charge that could sideline him from the world’s largest smartphone and memory chip maker just as it looks to overtake rivals in areas such as chip contract manufacturing and artificial intelligence (AI).

“Samsung is at a crossroads,” said Park Ju-gun, head of researcher CEO Score. “COVID-19 has accelerated change, and other third-gen (Korean) business leaders are aggressively breaking into new business.” Continue reading “Article: Samsung’s Jay Y. Lee on cusp of stepping out of father’s shadow”

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Article: UPDATE – Americas Gold and Silver Announces Upsize of Previously Announced Bought Deal Financing to C$30.0 Million

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UPDATE – Americas Gold and Silver Announces Upsize of Previously Announced Bought Deal Financing to C$30.0 Million

GLOBE NEWSWIRE, 15 January 2021

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (the “Company”), a growing North American precious metals producer, is pleased to announce that in connection with its previously announced bought deal public offering of common shares, the Company and a syndicate of underwriters (the “Underwriters”) led by Desjardins Capital Markets, have agreed to increase the size of its previously announced offering from C$25.0 million to C$30.0 million. Pursuant to the amended terms, the Underwriters have agreed to purchase, on a bought deal basis, 9,063,500 common shares of the Company (“Shares”) at a price of C$3.31 per Share (the “Offering Price”) for aggregate gross proceeds to the Company of C$30.0 million (the “Offering”).

The Underwriters have been granted an option (the “Over‐Allotment Option”), exercisable in whole or in part, at any time within 30 days following and including the closing of the Offering, to purchase from the Company up to an additional 15% of the Shares offered under the Offering at the Offering Price for market stabilization purposes and to cover over‐allotments, if any.

The proceeds from the sale of the Shares will be used for the exploration, development and/or improvement of the Company’s existing mine properties and for working capital and general corporate purposes.

Continue reading “Article: UPDATE – Americas Gold and Silver Announces Upsize of Previously Announced Bought Deal Financing to C$30.0 Million”

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Article: Video Tech Co. Founder Charged In Pump-And-Dump Scheme

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Video Tech Co. Founder Charged In Pump-And-Dump Scheme

Reenat Sinay, 15 January 2021

The founder of a Silicon Valley video streaming service and an investment manager have been indicted for allegedly orchestrating a pump-and-dump stock fraud scheme, Illinois federal prosecutors announced Friday.

David Foley and investment manager Bennie Blankenship allegedly conspired to manipulate the share prices of NanoTech Gaming Inc., a former unit of Nanotech Entertainment Inc., according to the 10-count Jan. 11 indictment.

Between 2013 and 2016, Foley acquired shares in NanoTech Gaming and issued them to a South Dakota corporation called Galaxy Entertainment Group Inc., purportedly run by a close relative of Foley’s, prosecutors said. Continue reading “Article: Video Tech Co. Founder Charged In Pump-And-Dump Scheme”

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Article: German court halts criminal proceedings against former VW CEO

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German court halts criminal proceedings against former VW CEO

Caroline Copley, 15 January 2021

BERLIN (Reuters) – A German court in Braunschweig, Germany, said on Friday it had halted criminal proceedings against former Volkswagen CEO Martin Winterkorn for alleged market manipulation as part of the carmaker’s emissions scandal.

The court said it had decided to discontinue the proceedings as the expected sentence in another case, in which Winterkorn faces charges for his role in allowing diesel cars with excessive pollution levels to hit the road, was higher.

“In this context, the conviction for market manipulation would not lead to a significant increase in the overall sentence,” the court said in a statement.

The court opened proceedings in September examining whether Winterkorn was guilty of failing to inform investors adequately about the extent of the emissions fraud.

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Article: US Chides Vietnam Over Currency, But Makes No Tariff Threat

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US Chides Vietnam Over Currency, But Makes No Tariff Threat

Alex Lawson, 15 January 2021

The Office of the U.S. Trade Representative found that Vietnam’s currency manipulation is unfairly hindering U.S. businesses but held off on teeing up new tariffs against Hanoi on Friday, leaving a final decision in the case up to the incoming Biden administration.

After a three-month investigation, the USTR found that Vietnam’s persistent undervaluation of its currency, paired with its more recent intervention in foreign exchange markets, artificially lowered the prices of Vietnamese exports to the U.S., leaving U.S. producers at a disadvantage. Continue reading “Article: US Chides Vietnam Over Currency, But Makes No Tariff Threat”

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Alleged RCMP mole accused of selling secrets to kingpin money launderer and terror-financier’s network

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Alleged RCMP mole accused of selling secrets to kingpin money launderer and terror-financier’s network

Sam Cooper, Global News, 14 January 2021

In October 2014, Canadian intelligence leaders were invited to the U.S. Drug Enforcement Administration’s headquarters in Chantilly, Va. The DEA had a theory: the upper echelons of global money laundering, terrorism, drug-trafficking and organized crime all bleed together. And only a handful of men in this murky world of extremely powerful criminals had organizations capable of laundering more than $10 billion annually. Continue reading “Alleged RCMP mole accused of selling secrets to kingpin money launderer and terror-financier’s network”

THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?