RMG

RMG Acquisition Corp. III Announces Delisting from Nasdaq

Retrieved on: 
Monday, April 22, 2024

RMG Acquisition Corp. III (the “Company”) issued a press release on April 19, 2024 announcing that the Company was in the process of appealing the previously-reported delisting determination and that the Company expected its securities would remain listed on The Nasdaq Capital Market during the appeals process.

Key Points: 
  • RMG Acquisition Corp. III (the “Company”) issued a press release on April 19, 2024 announcing that the Company was in the process of appealing the previously-reported delisting determination and that the Company expected its securities would remain listed on The Nasdaq Capital Market during the appeals process.
  • On April 19, 2024, the Company was notified by Nasdaq that it would not grant the Company an appeal and therefore the Company’s securities would be suspended at the close of business on April 22, 2024 and thereafter delisted.
  • The Company will seek to list its securities on a market operated by OTC Markets Group Inc. so that a trading market may continue to exist for such securities.
  • The Company intends to apply for re-listing on The Nasdaq Capital Market or another national securities exchange in connection with a business combination.

RMG Acquisition Corp. III Announces Cancellation of Dissolution

Retrieved on: 
Friday, April 19, 2024

RMG Acquisition Corp. III (the “Company”) issued a press release on April 8, 2024 (the “Prior Announcement”) announcing that the Company would not consummate an initial business combination by the date required by its Fourth Amended and Restated Memorandum and Articles of Association (the “Termination Date”), and that (i) the Company intended to dissolve and liquidate, effective as of the close of business on April 22, 2024, (ii) that the Company would redeem all of the outstanding Class A ordinary shares that were included in the units sold in its initial public offering, at a per-share redemption price of approximately $10.00 (the “Redemption”) and (iii) the Company’s securities would be delisted from Nasdaq.

Key Points: 
  • RMG Acquisition Corp. III (the “Company”) issued a press release on April 8, 2024 (the “Prior Announcement”) announcing that the Company would not consummate an initial business combination by the date required by its Fourth Amended and Restated Memorandum and Articles of Association (the “Termination Date”), and that (i) the Company intended to dissolve and liquidate, effective as of the close of business on April 22, 2024, (ii) that the Company would redeem all of the outstanding Class A ordinary shares that were included in the units sold in its initial public offering, at a per-share redemption price of approximately $10.00 (the “Redemption”) and (iii) the Company’s securities would be delisted from Nasdaq.
  • However, notwithstanding anything contained in the Prior Announcement, the board of directors of the Company has subsequently determined that it is in the best interests of the Company and its shareholders to (i) continue its pursuit of an initial business combination (and not liquidate the Company’s trust account or consummate the Redemption at this time), and (ii) prepare and file a proxy statement seeking shareholder approval to extend the Termination Date.
  • In addition, the Company is in the process of appealing the previously-reported delisting determination and the Company expects its securities will remain listed on The Nasdaq Capital Market during the appeals process.
  • No action is required by existing shareholders of the Company at this time.

RMG Acquisition Corp. III Announces Liquidation

Retrieved on: 
Tuesday, April 9, 2024

As of the close of business on April 22, 2024, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.

Key Points: 
  • As of the close of business on April 22, 2024, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.
  • Beneficial owners of Public Shares held in “street name,” however, will not need to take any action in order to receive the redemption amount.
  • The redemption of the Public Shares is expected to be completed within ten business days after April 9, 2024.
  • There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.

Asia & MENA Video Game Monetization Models Analysis 2023: Key Strategies for Premium Games, Subscriptions, In-Game Purchases, In-Game Advertising, and Real Money Gaming - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024

The "Video Game Monetization Models In Asia & MENA" report from Niko Partners, Inc. has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Video Game Monetization Models In Asia & MENA" report from Niko Partners, Inc. has been added to ResearchAndMarkets.com's offering.
  • The Video Game Monetization Models in Asia & MENA report focuses on five major monetization models: Premium Games, Subscriptions, In-Game Purchases, In-Game Advertising, and Real Money Gaming.
  • 62.3% of gamers in Asia & MENA have purchased a premium game in the past 12 months on any platform.
  • According to our 2023 survey, 30% of paying gamers in Asia & MENA have purchased a monthly subscription to access a video game.

Q GamesMela Reaches One Million Download Milestone

Retrieved on: 
Wednesday, December 20, 2023

Q GamesMela has reached its first target milestone of one million downloads in approximately six weeks.

Key Points: 
  • Q GamesMela has reached its first target milestone of one million downloads in approximately six weeks.
  • All of these achievements and early milestones have been accomplished faster than originally projected by the Q GamesMela team which saw the app grow from 500,000 to one million downloads in only twelve days.
  • The cornerstone and unique user engagement proposition for Q GamesMela has revolved around leveraging its "Freemium model" which combines free play with Real Money Gaming (RMG).
  • **
    Curt Marvis, CEO and Co-Founder, QYOU Media, commented "We feel like Christmas came early this year for Q GamesMela.

QYOU Media's Maxamtech Gaming Named Top Ten of 2023 By Silicon India

Retrieved on: 
Monday, December 18, 2023

MUMBAI, India and TORONTO, Dec. 18, 2023 /PRNewswire/ - QYOU Media Inc., (TSXV: QYOU) (OTCQB: QYOUF) a company operating in India and the United States producing and distributing content created by social media stars and digital content creators, has announced that its gaming division, Maxamtech Digital Ventures, has been recognized by leading publisher, Silicon India, as one of the Top Ten India Gaming companies of 2023.

Key Points: 
  • MUMBAI, India and TORONTO, Dec. 18, 2023 /PRNewswire/ - QYOU Media Inc., (TSXV: QYOU) (OTCQB: QYOUF) a company operating in India and the United States producing and distributing content created by social media stars and digital content creators, has announced that its gaming division, Maxamtech Digital Ventures, has been recognized by leading publisher, Silicon India, as one of the Top Ten India Gaming companies of 2023.
  • In the following year, another office was opened in Silicon Valley, and today, editions are published from both the U.S. and India.
  • QYOU Media acquired a majority ownership stake in Maxamtech Digital Ventures in January of 2023.
  • *
    Curt Marvis, CEO and Co-Founder, QYOU Media, commented "We are thrilled that our team at Maxamtech has received this much deserved recognition from Silicon India.

Q GamesMela Hits Early Milestones In First Month of Release

Retrieved on: 
Friday, December 8, 2023

The app swiftly amassed an impressive month one user base with over 500,000 registered users, including hitting a Daily Active User (DAU) count surpassing 45,000.

Key Points: 
  • The app swiftly amassed an impressive month one user base with over 500,000 registered users, including hitting a Daily Active User (DAU) count surpassing 45,000.
  • Q GamesMela had been designed to enable robust monetization by integrating diverse strategies including in-app digital purchases, targeted advertisements, subscription models and G-commerce initiatives.
  • Perhaps most gratifying is that users seem to love Q GamesMela!"
  • I aspire to win more on Q GamesMela."

Resolution Economics Strengthens its Financial Advisory Services Practice with Addition of The Red Maple Group

Retrieved on: 
Monday, December 4, 2023

LOS ANGELES, Dec. 4, 2023 /PRNewswire/ -- Resolution Economics, LLC ("Resolution Economics" or "ResEcon") announced today that The Red Maple Group ("RMG"), an economic and forensic consulting firm has joined ResEcon as part of the Financial Advisory Services ("FAS") practice group.

Key Points: 
  • LOS ANGELES, Dec. 4, 2023 /PRNewswire/ -- Resolution Economics, LLC ("Resolution Economics" or "ResEcon") announced today that The Red Maple Group ("RMG"), an economic and forensic consulting firm has joined ResEcon as part of the Financial Advisory Services ("FAS") practice group.
  • They will bring further expertise in business valuations and Chief Financial Officer ("CFO") consulting to the FAS practice group.
  • Now in its 26th year, Resolution Economics is a leading specialty consulting firm providing economic and statistical analysis and regulatory compliance advice to companies, law firms, universities, and others.
  • "We are delighted to join Resolution Economics, a firm we have admired for many years," said Dr. Young.

SawStop Launches New Premium Miter Gauges and Under Table Cabinets

Retrieved on: 
Thursday, October 26, 2023

Introducing SawStop's new Revolution Miter Gauge, Scale Miter Gauge, and Under Table Cabinets, built for the workshop and jobsite, available at SawStop dealers across the United States and Canada.

Key Points: 
  • Introducing SawStop's new Revolution Miter Gauge, Scale Miter Gauge, and Under Table Cabinets, built for the workshop and jobsite, available at SawStop dealers across the United States and Canada.
  • "We are obsessed with innovation and our mission to protect and inspire woodworkers," said SawStop CEO Matt Howard.
  • The reversible, telescoping fence works with the miter gauge in either the left or right miter slots with equal accuracy and ease of use.
  • *—The Under Table Cabinets will not fit under some SawStop table saws equipped with the Floating Dust Collection attachment or right-side Inline Router Table.

RMG ERECTORS AND CONSTRUCTORS Achieves AC478 Accreditation, Demonstrating Commitment to Excellence in Metal Building Construction

Retrieved on: 
Wednesday, October 4, 2023

PHILADELPHIA, Oct. 4, 2023 /PRNewswire/ -- RMG ERECTORS AND CONSTRUCTORS is proud to announce that it has been awarded the prestigious AC478 Accreditation, a significant milestone in the company's dedication to upholding the highest standards in the metal building construction industry.

Key Points: 
  • PHILADELPHIA, Oct. 4, 2023 /PRNewswire/ -- RMG ERECTORS AND CONSTRUCTORS is proud to announce that it has been awarded the prestigious AC478 Accreditation, a significant milestone in the company's dedication to upholding the highest standards in the metal building construction industry.
  • This accreditation serves as a testament to RMG ERECTORS AND CONSTRUCTORS' unwavering dedication to excellence and customer satisfaction.
  • Adding this certification is just another arrow in our quiver for success,"  said Robert Mesmer, CEO at RMG ERECTORS AND CONSTRUCTORS.
  • This accreditation reinforces RMG ERECTORS AND CONSTRUCTORS' position as a trusted and reliable partner for metal building construction projects.