Parabellum

Marvelous Designer and Jaden Oh honored at 2024 Academy Sci-Tech Awards

Retrieved on: 
Wednesday, February 28, 2024

NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Jaden Oh, founder of CLO Virtual Fashion and creator of Marvelous Designer, was honored last week by the U.S. Academy of Motion Pictures (USAMP), receiving a Scientific and Engineering Award for his contribution to filmmaking. Marvelous Designer and Oh were among 16 technical achievements recognized at this year's ceremony at the Academy Museum of Motion Pictures in Los Angeles, California.

Key Points: 
  • NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Jaden Oh, founder of CLO Virtual Fashion and creator of Marvelous Designer, was honored last week by the U.S. Academy of Motion Pictures (USAMP), receiving a Scientific and Engineering Award for his contribution to filmmaking.
  • Marvelous Designer and Oh were among 16 technical achievements recognized at this year's ceremony at the Academy Museum of Motion Pictures in Los Angeles, California.
  • Jaden Oh, Founder, CLO Virtual Fashion: "We are deeply honored to receive the Academy Award for Marvelous Designer.
  • The newest edition of Marvelous Designer, v.2024, will be released on February 28, 2024.

Parabellum Esports, React Gaming’s subsidiary partners with Viral Nation

Retrieved on: 
Tuesday, November 15, 2022

We are excited to have a world-class agency like Viral Nation represent our business interests and brand opportunities within the esports space, said Chris Lamarucciola, CEO of Parabellum Esports.

Key Points: 
  • We are excited to have a world-class agency like Viral Nation represent our business interests and brand opportunities within the esports space, said Chris Lamarucciola, CEO of Parabellum Esports.
  • Parabellum Esports has done an excellent job of scaling its business in such a short amount of time, said Joe Gagliese, Co-Founder and CEO at Viral Nation.
  • Viral Nation will serve as the Parabellum Esports agency of record and provide the organization with its expertise in esports talent management, team sponsorships, brand development and consulting services.
  • Viral Nation is a global digital media innovation group that powers the social ecosystem through integrated solutions that align strategy, talent, media, and technology.

180 Degree Capital Corp.’s Sponsored SPAC, Parabellum Acquisition Corp., Announces Intent to Merge With EnOcean GmbH

Retrieved on: 
Monday, November 14, 2022

MONTCLAIR, N.J., Nov. 14, 2022 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (180) noted today that Parabellum Acquisition Corp. (Parabellum and PRBM), a special purpose acquisition company (SPAC) that 180 sponsored through an investment in Parabellum Acquisition Partners, LLC, announced its intent to combine with EnOcean GmbH (EnOcean).

Key Points: 
  • MONTCLAIR, N.J., Nov. 14, 2022 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (180) noted today that Parabellum Acquisition Corp. (Parabellum and PRBM), a special purpose acquisition company (SPAC) that 180 sponsored through an investment in Parabellum Acquisition Partners, LLC, announced its intent to combine with EnOcean GmbH (EnOcean).
  • According to Parabellum and EnOcean, EnOcean has pioneered and is a leader in energy harvesting based IoT devices, devoted to commercial buildings and smart spaces.
  • Parabellum and EnOcean also stated that the business combination values EnOcean at an equity value of US$120 million.
  • However, while 180, Parabellum and EnOcean may elect to update these forward-looking statements at some point in the future, 180, Parabellum and EnOcean specifically disclaim any obligation to do so.

EnOcean GmbH, a Global Leader in Energy-Harvesting Internet of Things (IoT) Technologies Announces Plans to Bring Sustainable IoT Solutions Company to the Public Markets Via Transaction With Parabellum Acquisition Corp.

Retrieved on: 
Monday, November 14, 2022

EnOcean has pioneered and is a leader in energy harvesting based IoT devices, devoted to commercial buildings and smart spaces.

Key Points: 
  • EnOcean has pioneered and is a leader in energy harvesting based IoT devices, devoted to commercial buildings and smart spaces.
  • We believe getting access to public markets through the business combination with Parabellum is a perfect path forward for EnOcean.
  • This path creates a healthy balance sheet for EnOcean and continued access to public markets for strategic initiatives, said Raoul Wijgergangs, CEO of EnOcean.
  • Following the closing, the combined company will continue to operate the business of EnOcean from its offices in Oberhaching, Germany.

Youth Franchise XP League Partners with Parabellum Esports

Retrieved on: 
Tuesday, November 22, 2022

DALLAS, Nov. 22, 2022 /PRNewswire/ -- XP League, the first and largest esports franchise in North America, has announced a new partnership with Canadian pro team Parabellum Esports. Through this partnership, select XP League teams will be able to play under the Parabellum name and wear their jersey – helping to cement XP League as the premier youth esports organization that aligns with professional esports.

Key Points: 
  • DALLAS, Nov. 22, 2022 /PRNewswire/ -- XP League , the first and largest esports franchise in North America, has announced a new partnership with Canadian pro team Parabellum Esports .
  • Through this partnership, select XP League teams will be able to play under the Parabellum name and wear their jersey helping to cement XP League as the premier youth esports organization that aligns with professional esports.
  • XP League, a fast-growing emerging youth esports franchise brand, has designed a custom coaching program that interweaves skill-building and tools to coach younger esports players.
  • XP League is the first-to-market youth esports league franchise that bridges the gap between conventional youth athletics and competitive esports.

Parabellum Acquisition Corp. Announces Receipt of Letter from NYSE Regulation Regarding Low Selling Price of its Warrants

Retrieved on: 
Tuesday, November 1, 2022

DALLAS, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Parabellum Acquisition Corp., a special purpose acquisition company (the Company, Parabellum) announced today that on October 31, 2022 it had received a letter (the Letter) from the NYSE Regulation indicating that NYSE Regulation has determined to commence proceedings to delist the Companys warrants from the NYSE exchange and that trading in the warrants would be suspended immediately.

Key Points: 
  • DALLAS, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Parabellum Acquisition Corp., a special purpose acquisition company (the Company, Parabellum) announced today that on October 31, 2022 it had received a letter (the Letter) from the NYSE Regulation indicating that NYSE Regulation has determined to commence proceedings to delist the Companys warrants from the NYSE exchange and that trading in the warrants would be suspended immediately.
  • Specifically, NYSE Regulation noted in the Letter that the warrants are no longer suitable for listing based on low selling price levels, pursuant to Section 802.01D of the NYSE Listed Company Manual.
  • The Company currently intends to appeal the NYSE Regulations determination to delist the warrants.
  • Parabellum is a blank-check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

React Gaming reports 2022 second quarter results

Retrieved on: 
Thursday, August 25, 2022

This has been a quarter of great achievements for React Gaming, as we increased LOOT.BETs revenue in absolute value by 25% over Q1 even before launching our IOM site and obtaining GLI-19 certification, while making steady gains with Compete.gg and Parabellum, said Leigh Hughes, CEO of React Gaming.

Key Points: 
  • This has been a quarter of great achievements for React Gaming, as we increased LOOT.BETs revenue in absolute value by 25% over Q1 even before launching our IOM site and obtaining GLI-19 certification, while making steady gains with Compete.gg and Parabellum, said Leigh Hughes, CEO of React Gaming.
  • For the second quarter of 2022, revenue increased to $845,543 from $39,902 for the same quarter a year ago.
  • Gross profit for the second quarter totalled $322,922 (38.2% of total revenue) compared to $39,020 in 2021.
  • The EBITDA1 loss increased to $(2,535,197) for the second quarter of 2022 from $(699,393) a year ago, mainly due to the increase in net loss and the gain on revaluation of the performance contingency.

React Gaming’s Parabellum esports teams show solid performance and win first sponsor

Retrieved on: 
Tuesday, July 19, 2022

MONTREAL, July 19, 2022 (GLOBE NEWSWIRE) -- React Gaming Group Inc. (“React Gaming” or the “Corporation”) (TSXV: RGG, OTCMKTS: ITMZF) is pleased to provide an update on its wholly-owned Parabellum Esports subsidiary, acquired last February.

Key Points: 
  • This mens esports professional league is composed of 10 teams and has three stages where teams each play one game against the other nine teams, with playoffs for the top four teams at the end of each stage.
  • At the end of the season, the four best overall teams from the three stages compete in the world playoffs.
  • These performances have enabled Parabellum Esports to attract its first paid sponsorship, with Shakepay, a Canadian technology company, as their first entry into esports.
  • Parabellum also runs Northern Shield Academy, which gives amateur players coaching, mentorships and paths to move their esports career forward.

React Gaming names Leigh Hughes as Interim CEO

Retrieved on: 
Tuesday, June 28, 2022

MONTREAL, June 28, 2022 (GLOBE NEWSWIRE) -- React Gaming Group Inc. (React Gaming or the Corporation) (TSXV: RGG, OTCMKTS: ITMZF) is pleased to announce the appointment of Leigh Hughes as its Interim Chief Executive Officer, effective immediately.

Key Points: 
  • MONTREAL, June 28, 2022 (GLOBE NEWSWIRE) -- React Gaming Group Inc. (React Gaming or the Corporation) (TSXV: RGG, OTCMKTS: ITMZF) is pleased to announce the appointment of Leigh Hughes as its Interim Chief Executive Officer, effective immediately.
  • Mr. Hughes replaces Laurent Benezra who is stepping down from his current role as President and CEO as well as director of the Corporation, but will remain in a consultancy role.
  • Over the last year, React Gaming has emerged as a leading esports and iGaming company, mainly through its acquisition of LOOT.BET, said Philip Nolan, member of the Board of React Gaming.
  • I am excited to have the opportunity to leverage the assets that React Gaming has acquired over the past year, including LOOT.BET, Compete.gg and Parabellum, all of which are top-tier assets with significant growth potential, said Leigh Hughes, Interim CEO of React Gaming.

Navitas Semiconductor Appoints New Chief Financial Officer

Retrieved on: 
Thursday, May 26, 2022

Navitas Semiconductor (Nasdaq: NVTS) is the industry leader in GaN power ICs, founded in 2014.

Key Points: 
  • Navitas Semiconductor (Nasdaq: NVTS) is the industry leader in GaN power ICs, founded in 2014.
  • Over 150 Navitas patents are issued or pending, and over 50 million units have been shipped with zero reported GaN field failures.
  • Navitas Semiconductor, GaNFast and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited.
  • Stephen Oliver, VP Corporate Marketing & Investor Relations, Navitas Semiconductor