Series

Ault Alliance Announces Termination of At-The-Market Offering and Embarks on Path to Corporate Restructuring

Retrieved on: 
Wednesday, March 13, 2024

The Company may, however, consider issuing non-convertible debt to continue to fund its operations until its revenues can cover such costs.

Key Points: 
  • The Company may, however, consider issuing non-convertible debt to continue to fund its operations until its revenues can cover such costs.
  • Further, the Company plans to restructure ownership of its operating businesses to create a more simple, efficient and understandable organizational chart.
  • Once complete, the Company will have two reporting segments, consisting of Sentinum, Inc. (“Sentinum”) and Ault Capital Group, Inc. (“Ault Capital”).
  • Milton “Todd” Ault III, Founder and Executive Chairman of Ault Alliance, provided comments on the Company’s strategic direction, emphasizing the importance of today’s announcement, “Today marks a pivotal moment for Ault Alliance as we conclude our ATM program and fundamentally reevaluate our financing strategy.

U.S. Bancorp announces quarterly dividends

Retrieved on: 
Tuesday, March 12, 2024

The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.49 per common share, payable April 15, 2024, to stockholders of record at the close of business on March 29, 2024.

Key Points: 
  • The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.49 per common share, payable April 15, 2024, to stockholders of record at the close of business on March 29, 2024.
  • At this quarterly dividend rate, the annual dividend is equivalent to $1.96 per common share.
  • A regular quarterly dividend of $390.264 per share (equivalent to $0.390264 per depositary share) on the Series B Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2024, to stockholders of record at the close of business on March 29, 2024.
  • A regular quarterly dividend of $250.000 per share (equivalent to $0.250000 per depositary share) on the Series M Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2024, to stockholders of record at the close of business on March 29, 2024.

KBRA Assigns AAA Rating with Stable Outlook to Dormitory Authority of the State of New York State Personal Income Tax Revenue Bonds (General Purpose) Series 2024A-1 (Tax-Exempt), Series 2024A-2 (Tax-Exempt), and Series 2024B (Federally Taxable)

Retrieved on: 
Monday, March 11, 2024

KBRA assigns a long-term rating of AAA with a Stable Outlook to the Dormitory Authority of the State of New York (DASNY) State Personal Income Tax Revenue Bonds (General Purpose): Series 2024A-1(Tax-Exempt); Series 2024A-2 (Tax-Exempt); and, Series 2024B (Federally Taxable).

Key Points: 
  • KBRA assigns a long-term rating of AAA with a Stable Outlook to the Dormitory Authority of the State of New York (DASNY) State Personal Income Tax Revenue Bonds (General Purpose): Series 2024A-1(Tax-Exempt); Series 2024A-2 (Tax-Exempt); and, Series 2024B (Federally Taxable).
  • The rating was assigned because of the following key credit considerations:
    RBTF Receipts provide ample historical and projected coverage of maximum annual debt service.
  • A strong 2.0x additional bonds test, as well as the importance of residual PIT revenues to fund operations, mitigate against overleveraging.
  • Financing agreement payments are subject to annual appropriation and executory only to the extent of amounts available in the RBTF.

Rally Ventures' Justin Kaufenberg Joins PayGround Board of Directors

Retrieved on: 
Thursday, April 4, 2024

GILBERT, Ariz., April 4, 2024 /PRNewswire/ -- Justin Kaufenberg, Managing Director of Rally Ventures, has accepted an invitation to join the Board of Directors of PayGround, a healthcare fintech payments platform. Kaufenberg, who is the co-founder and former CEO of SportsEngine, brings a unique entrepreneurial perspective as well as a deep understanding of payments and banking.

Key Points: 
  • GILBERT, Ariz., April 4, 2024 /PRNewswire/ -- Justin Kaufenberg, Managing Director of Rally Ventures, has accepted an invitation to join the Board of Directors of PayGround , a healthcare fintech payments platform.
  • "From our very first conversation, Justin and the Rally Ventures team have been enthusiastic about joining PayGround on our mission to empower individuals and families with a healthcare digital wallet," says PayGround CEO Drew Mercer .
  • A core investment focus for Rally Ventures is products that deliver mission-critical software with embedded payments and financial services.
  • This is an industry in dire need of innovation, and I believe PayGround is approaching the problem in a smart and strategic way," Kaufenberg says.

Athletes Sought for Groundbreaking Documentary Series on The Enhanced Games

Retrieved on: 
Wednesday, April 3, 2024

LONDON, April 3, 2024 /PRNewswire/ -- The Enhanced Games announce that Ridley Scott Associates (RSA) and Rob McElhenney's More Better Productions will produce a groundbreaking documentary series on the launch of the world's most progressive sporting event.

Key Points: 
  • LONDON, April 3, 2024 /PRNewswire/ -- The Enhanced Games announce that Ridley Scott Associates (RSA) and Rob McElhenney's More Better Productions will produce a groundbreaking documentary series on the launch of the world's most progressive sporting event.
  • The documentary series promises an immersive journey into the heart of the Enhanced Games and the rising acceptance of the potential of human enhancement.
  • Viewers will be offered behind-the-scenes access to the organisers and athletes striving to establish a sporting event poised to rival the Olympic Games.
  • The Enhanced Games has launched an athlete casting call to find the ten faces of the first games and star in the documentary series.

7 U.S. Students Achieve Top in the World Distinction for Internationally Benchmarked Cambridge Exams; Many Earn Additional Accolades

Retrieved on: 
Wednesday, April 3, 2024

Cambridge courses are taught in schools worldwide, with more than 576,000 students across 5600 schools in 147 countries taking Cambridge exams in June 2023 – its largest ever exam series.

Key Points: 
  • Cambridge courses are taught in schools worldwide, with more than 576,000 students across 5600 schools in 147 countries taking Cambridge exams in June 2023 – its largest ever exam series.
  • Mark Cavone, Regional Director, North America for International Education at Cambridge said: "Congratulations to the students and teachers for your exceptional work in Cambridge courses and examinations.
  • Your results reflect the commitment and effort of students, parents, teachers and administrators.
  • It is an honor to celebrate your successes and I look forward to seeing your future contributions in shaping our world."

Net Health and ATA Examine Impact of Digital MSK on Rehab Therapy Practices with Six-Part Series

Retrieved on: 
Wednesday, April 3, 2024

PITTSBURGH, April 3, 2024 /PRNewswire/ -- Net Health, a trusted source for specialized software solutions that empower restorative care providers across the continuum of care, today announced its Digital Musculoskeletal (MSK) thought leadership program titled, "Harnessing the Potential of Digital MSK Care," in cooperation with the American Physical Therapy Association (APTA). The series consists of on-demand webinars with leaders in the rehab therapy space and in-depth editorial created by Net Health, the APTA, and other subject matter experts, providing practical insight into how rehab therapy organizations can adopt digital tools as a part of their in-person practice. The series examines broader healthcare conversations and how they relate to digital MSK, such as consumerization and value-based care.

Key Points: 
  • The series examines broader healthcare conversations and how they relate to digital MSK, such as consumerization and value-based care.
  • Digital MSK is a model for rehab therapy care delivery that leverages technologies and tools such as smartphones, tablets, apps, wearable technologies, and various other software solutions to support rehab therapy patients with musculoskeletal ailments.
  • The series serves as an educational platform for rehab therapy providers to learn about the impact of digital tools on their practices and how they can affect care, education, and business practices.
  • To learn more about Net Health and the future of digital MSK, visit www.Nethealth.com/dmsk

CoinDCX Announces Partnership with Mesh to Advance Digital Asset Transfers in India

Retrieved on: 
Wednesday, April 3, 2024

SAN FRANCISCO, April 3, 2024 /PRNewswire/ -- Mesh, the modern embedded finance solution that makes digital asset transfers and account aggregation seamless, today announced its partnership with CoinDCX, India's leading cryptocurrency exchange. The integration will transform how digital assets are transferred and managed on the CoinDCX platform by giving users the ability to transfer assets with a single click and without ever leaving the platform.

Key Points: 
  • SAN FRANCISCO, April 3, 2024 /PRNewswire/ -- Mesh, the modern embedded finance solution that makes digital asset transfers and account aggregation seamless, today announced its partnership with CoinDCX, India's leading cryptocurrency exchange.
  • With over 16M registered users, CoinDCX was the first Indian crypto company to become a unicorn.
  • The partnership marks an important expansion into the Indian market for Mesh and demonstrates the significant potential and need for the versatility and power offered by its API integration.
  • "The integration with Mesh will be a game-changer for CoinDCX and our users," said Sumit Gupta, Co-Founder & CEO of CoinDCX.

KYOCERA AVX RELEASES NEW RES SERIES RADIAL-LEADED ALUMINUM ELECTROLYTIC CAPACITORS

Retrieved on: 
Tuesday, April 2, 2024

FOUNTAIN INN, S.C., April 2, 2024 /PRNewswire/ -- KYOCERA AVX, a leading global manufacturer of advanced electronic components engineered to accelerate technological innovation and build a better future, released the new RES Series radial-leaded aluminum electrolytic capacitors.

Key Points: 
  • The RES Series is the eighth series to join the extensive radial-leaded aluminum electrolytic capacitors portfolio that KYOCERA AVX released in February 2022.
  • That portfolio now offers four lines of wet aluminum electrolytic capacitors (the RES , REA , REF , and REH Series ), two lines of conductive polymer aluminum electrolytic capacitors (the RPA and RPF Series ), and two lines of hybrid aluminum electrolytic capacitors (the RHA and RHD Series ), as well as an even wider variety of part numbers available with commercial and industrial reliability levels and competitive pricing and lead times.
  • The new RES Series radial-leaded aluminum electrolytic capacitors are shipped in bulk packaging, and lead time for the series is currently 20–24 weeks.
  • For more information about KYOCERA AVX's new RES Series radial-leaded aluminum electrolytic capacitors, please visit https://www.kyocera-avx.com/products/aluminum-capacitors/res-series/ .

United States Social Commerce Intelligence Report 2024: Market to Grow by Over 18% to Reach $72.93 Billion in 2024 - Forecasts to 2028 as Platforms are Betting on Shoppable Ads to Drive Revenues

Retrieved on: 
Monday, April 1, 2024

Social commerce industry in United States is expected to grow by 18.1% on annual basis to reach US$72.93 billion in 2024.

Key Points: 
  • Social commerce industry in United States is expected to grow by 18.1% on annual basis to reach US$72.93 billion in 2024.
  • The social commerce GMV in the country will increase from US$61.73 billion in 2023 to reach US$144.60 billion by 2029.
  • The United States social commerce market is poised to grow at a rapid rate over the medium term.
  • To tap into the growth market, social media platforms are betting on shoppable ads in the United States.