Sellers | Jotup

Existing-Home Sales Edged Higher by 0.2% in May

Retrieved on:

Thursday, June 22, 2023

Freddie Mac, Sale, Total, National Association, Housing, Sellers, NAR, Video game, Commercial property, Cryptocurrency, Real estate, Arms industry, Drug

Existing-home sales marginally increased in May, according to the National Association of Realtors®.

Key Points:

Existing-home sales marginally increased in May, according to the National Association of Realtors®.
Sales were mixed among the four major U.S. regions, with the South and West posting improvements and the Northeast and Midwest experiencing pullbacks.
Distressed sales [5] – foreclosures and short sales – represented 2% of sales in May, virtually unchanged from last month and the prior year.
In the West, existing-home sales rose 2.6% from the previous month to an annual rate of 790,000 in May, down 25.5% from one year ago.

XTM Signs Definitive Agreement to Acquire Issuer, Processor, Certified EWA Provider-QRails

Retrieved on:

Thursday, June 15, 2023

The Transaction is expected to close on or about July 3, 2023, subject to reporting timelines and customary closing conditions.

Key Points:

The Transaction is expected to close on or about July 3, 2023, subject to reporting timelines and customary closing conditions.
The Transaction is structured as an agreement and plan of merger by and between the Company, XTM USA Inc., QRails and XTM QRails USA Inc. (“SubCo”), a wholly owned subsidiary of the Company.
On close, QRails and SubCo will merge with the continuing merged entity becoming a subsidiary of the Company.
“Both the QRails and XTM teams are enthusiastic about the merger” said Cary Strange, President, QRails.

MultiMetaVerse Announces Term Sheet Signed to Acquire Equity Stake in Taomee

Retrieved on:

Friday, June 2, 2023

Term sheet, Sheet, Internet, Sellers, IP, Target, Acquisition, Limited partnership, Animation, Hana no Ko Lunlun, MMV, Letter, Book, Mole Manor, Sales, Orient

The Term Sheet updates certain terms regarding the proposed acquisition (the "Proposed Transaction") of equity stake in Taomee group (the "Target Group") by the Company and/or is affiliates, following the Company's earlier announcement, dated January 12, 2023, of its entering of the letter of intent with Orient TM Ruibo Limited.

Key Points:

The Term Sheet updates certain terms regarding the proposed acquisition (the "Proposed Transaction") of equity stake in Taomee group (the "Target Group") by the Company and/or is affiliates, following the Company's earlier announcement, dated January 12, 2023, of its entering of the letter of intent with Orient TM Ruibo Limited.
We are conducting due diligence on the Target Group with the full support of Sellers and management of the Target Group.
We believe that the Proposed Transaction will expand our IP brand portfolio, improve our earning base and bring good value to shareholders of the Company."
Founded in 2007, Taomee Holdings Limited is one of China's leading entertainment and media companies for younger generations, with well-received original brands including "Mole's World," "Seer" and "Flower Angel."

Atlas Signs Definitive Agreement to Acquire a Controlling Interest in Three Pharmacies Expanding its Cannabis Network in Israel

Retrieved on:

Wednesday, May 24, 2023

CSE, Pharmacy, Freak, Calendar, Atlas, CAD, Sellers, ATL, Acquisition, Patient, City, NIS, Bank

CHATHAM, ONTARIO and TEL-AVIV, ISRAEL, May 24, 2023 (GLOBE NEWSWIRE) -- Atlas Global Brands Inc. (“Atlas Global”, “Atlas” or the “Company”) (CSE: ATL), a cannabis company with expertise across the value chain, announces that on May 23, 2023 it entered into a definitive agreement (“Proposed Transaction”) for the acquisition of 51% of the outstanding securities of three Israeli private limited liability companies operating medical cannabis pharmacies (the “Pharmacies”).

Key Points:

“The addition of these three pharmacies will further expand our geographical coverage with modern designed pharmacies, a patient focused education platform and dispensaries tailored to consistent product assortment,” said Bernie Yeung, CEO of Atlas Global.
The final structure of the Proposed Transaction shall be determined by the parties subsequent to the receipt of tax, corporate, and securities law advice.
The Proposed Transaction is subject to receipt of all necessary regulatory approvals and other customary conditions precedent, and external funding by Atlas of NIS 3,000,000.
The Proposed Transaction is expected to close in calendar Q4 2023.

LevelTen Energy Launches PPA Auctions, Delivering More Speed and Deal Certainty to Renewable Energy Sellers & Buyers

Retrieved on:

Tuesday, May 23, 2023

Wind, Energy transition, PPA, Sellers, Professional, Pension fund, Auction

SEATTLE, May 23, 2023 /PRNewswire-PRWeb/ -- LevelTen Energy, operator of the world's largest PPA marketplace, today launched PPA Auctions, a faster way to contract power purchase agreements (PPAs). LevelTen's PPA Auctions are a response to the industry's need for new solutions that can keep up with today's market conditions, including surging demand for PPAs. PPAs take 12 months to execute on average, and every week increases the chance of deal failure. LevelTen's PPA Auctions shave off months from average contracting timelines by streamlining the process. Furthermore, PPA Auctions are designed to increase the certainty of deal success while delivering advantages to both the seller and buyer.

Key Points:

SEATTLE, May 23, 2023 /PRNewswire-PRWeb/ -- LevelTen Energy, operator of the world's largest PPA marketplace, today launched PPA Auctions , a faster way to contract power purchase agreements (PPAs).
Furthermore, PPA Auctions are designed to increase the certainty of deal success while delivering advantages to both the seller and buyer.
LevelTen facilitates PPA Auctions by bringing together reputable developers and experienced buyers that are equally motivated to get deals done.
LevelTen markets the PPA to its extensive buyer network, which includes the largest corporations, more than 45 energy advisors representing hundreds of buyers, and energy resellers.

Existing-Home Sales Faded 3.4% in April

Retrieved on:

Thursday, May 18, 2023

Freddie Mac, Total, National Association, Housing, Sellers, Environment, NAR, Arms industry, Cryptocurrency, Pharmaceutical industry

The median existing-home sales price slipped 1.7% from one year ago to $388,800.

Key Points:

The median existing-home sales price slipped 1.7% from one year ago to $388,800.
“Home sales are bouncing back and forth but remain above recent cyclical lows,” said NAR Chief Economist Lawrence Yun.
Distressed sales[5] – foreclosures and short sales – represented 1% of sales in April, unchanged from last month and the prior year.
In the West, existing-home sales slipped 6.1% from the previous month to an annual rate of 770,000 in April, down 31.3% from the previous year.

New Report Reveals Insights on Texas Homebuyers and Sellers

Retrieved on:

Thursday, May 18, 2023

Ageing, Retirement, Sellers, Real estate agent, Family, Friends, Real estate

AUSTIN, Texas, May 18, 2023 /PRNewswire/ -- Texas Realtors has released the 2023 Texas Homebuyers and Sellers Report, providing Texans with helpful insights and analysis of the demographics, motivations and opinions of Texas homebuyers and sellers. The report focuses on real estate transactions between July 2021 and June 2022 and outlines information related to Texas real estate consumers' income, ethnicity, age and experience with the homebuying and selling process.

Key Points:

AUSTIN, Texas, May 18, 2023 /PRNewswire/ -- Texas Realtors has released the 2023 Texas Homebuyers and Sellers Report , providing Texans with helpful insights and analysis of the demographics, motivations and opinions of Texas homebuyers and sellers.
According to the report, there were fewer first-time homebuyers in Texas compared to previous years, at 24% of homebuyers, down from 32% last year and 39% a decade ago.
"The insights we provide every year with the annual Texas Homebuyers and Sellers Report are extremely valuable to Texas Realtors and their clients," said Marcus Phipps, 2023 Chairman of Texas Realtors.
The median household income for Texas homebuyers was $110,000, $22,000 more than the national median for homebuyers.

Epicor Puts AI-Enabled Insights to Work for the Make, Move, and Sell Economy

Retrieved on:

Tuesday, May 16, 2023

(Graphic: Business Wire)

Key Points:

(Graphic: Business Wire)
“To be successful in today’s marketplace, Makers, Movers, and Sellers must make data-driven decisions faster and with greater accuracy.
It’s all about the right insights, in the right place, at the right time,” said Epicor CEO Steve Murphy.
But getting to those insights – whether it’s within their own enterprise or across their supply chains – is a pervasive challenge.
In doing so, they can gain actionable insights to optimize and automate business flows and drive time-to-value.

PandoLogic Brings Recruitment Industry Insights to Upcoming TAtech North America & The World Job Board Forum

Retrieved on:

Tuesday, May 16, 2023

Life, Procurement, Sellers, Dots, Acquisition, Veritone, Advertising, Artificial intelligence, Tutoring, Sales, AI

PandoLogic , a wholly owned subsidiary of Veritone, Inc. (NASDAQ: VERI) and a leading provider of artificial intelligence (AI) hiring solutions

Key Points:

PandoLogic , a wholly owned subsidiary of Veritone, Inc. (NASDAQ: VERI) and a leading provider of artificial intelligence (AI) hiring solutions
Will present multiple sessions, including the closing keynote, during the TAtech North America & The World Job Board Forum.
PandoLogic is scheduled to speak on Tuesday, May 23, 2023, at 8:00 a.m. and 3:15 p.m. CT and Wednesday, May 24, 2023, at 11:20 a.m. CT.
When it comes to talent acquisition, there are a number of ways to approach the recruiting process.
During the TAtech North America & The World Job Board Forum, the team from PandoLogic will deliver three unique sessions, dedicated to understanding the latest in AI innovation and the programmatic recruitment advertising space.

Trio Petroleum Corp. Signs Acquisition Agreement to Acquire up to 100% of Producing Asset

Retrieved on:

Friday, May 12, 2023

Agreement, Trio, Sellers, NYSE, Acquisition, Union Avenue, Risk management

DANVILLE, CA, May 12, 2023 (GLOBE NEWSWIRE) -- Trio Petroleum Corp. (NYSE American: TPET) (“Trio”), an oil and gas exploration and development company focused on strategic, high growth energy projects in California, today announced the signing of an Acquisition Agreement dated May 11, 2023 (the “Agreement”) to potentially acquire up to 100% of the working interest in the Union Avenue Field (“Union Avenue”) located in Bakersfield, California.

Key Points:

The Agreement is between Trio Petroleum Corp. and Trio Petroleum LLC, on behalf of itself as Operator and holding a 20% working interest in Union Avenue as well as to facilitate the remaining 80% working interest holders (“Sellers”).
Trio has engaged KLS Petroleum Consulting LLC, an independent engineering firm, to conduct a comprehensive analysis and valuation of the asset, which analysis has been delivered to the Company and is being evaluated by the Trio Special Committee.
If final terms are agreed between Trio and the Sellers, the transaction is expected to close within 60 days.
Consideration for the acquisition is expected to be paid by Trio through a combination of cash and Trio’s common stock.