BOCA

Study: These Metropolitan Areas are Most at Risk for Pricing Corrections

Retrieved on: 
Tuesday, April 9, 2024
Real estate, Cape Coral, Florida, Business, Risk, FIU, City, Doctor of Philosophy, Housing, Florida International University, BOCA, Florida Atlantic University

Twelve of the 15 most overpriced housing markets are in Sun Belt states, February data from the Top 100 U.S. Housing Markets shows.

Key Points: 
  • Twelve of the 15 most overpriced housing markets are in Sun Belt states, February data from the Top 100 U.S. Housing Markets shows.
  • Atlanta leads the nation for overpriced cities, with homes 41.72 percent overpriced compared to the long-term pricing trends.
  • Some of the metropolitan areas with the largest housing premiums are more at risk of a correction than they were leading up to the housing crash of 2007.
  • However, renting and not reinvesting is wealth destroying and should never be considered as an option.”
    To compare housing premiums in any metropolitan area, click here .

Auve Tech Extends Reach to U.S. Market & Enhances Strategic Partnership with Guident Ltd

Retrieved on: 
Friday, April 5, 2024
RMCC, Partnership, Transport, BOCA, Build automation, Safety, Control center

In an innovative collaboration, Auve Tech has partnered with Guident to integrate its teleoperation solution into the MiCa autonomous shuttle, amplifying its safety features and augmenting Auve Tech's advanced autonomous technology.

Key Points: 
  • In an innovative collaboration, Auve Tech has partnered with Guident to integrate its teleoperation solution into the MiCa autonomous shuttle, amplifying its safety features and augmenting Auve Tech's advanced autonomous technology.
  • Johannes Mossov, Board Member at AuVe Tech OÜ, said:
    "With MiCa now officially 'landed' in the US for market entry, we are glad to join forces with Guident.
  • Harald Braun, Executive Chairman and CEO at Guident Ltd, stated:
    "Since establishing our strategic partnership, we have been thrilled to collaborate with the Auve Tech team on several projects.
  • We are particularly excited to achieve a significant milestone with Auve Tech's entry into the US market coupled with the integration of our advanced teleoperation technology.”

NewtekOne, Inc. to Report First Quarter 2024 Financial Results on Monday, May 6, 2024 After the Market Closes

Retrieved on: 
Thursday, April 4, 2024
NEWT, Webcast, BOCA

BOCA RATON, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that it will report its first quarter 2024 financial results after the market closes on Monday, May 6, 2024.

Key Points: 
  • BOCA RATON, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that it will report its first quarter 2024 financial results after the market closes on Monday, May 6, 2024.
  • A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer; M. Scott Price, Chief Financial Officer; and Frank M. DeMaria, Chief Accounting Officer, the following day, Tuesday, May 7, 2024 at 8:30 am ET.
  • Please note, to attend the conference call or webcast, participants should register online at NewtekOne First Quarter 2024 Financial Results .
  • The corresponding presentation will be available in the ‘Events & Presentations’ section of the Investor Relations portion of NewtekOne’s website at NewtekOne First Quarter 2024 Financial Results .

Grom Social Enterprises, Inc. and Arctic7 Launch Synergy Council to Explore Cross-Division Gaming Production Opportunities

Retrieved on: 
Thursday, April 4, 2024
GDC, Growth, Social media, Acquisition, Animation, LOI, BOCA, Catalog, Traction, Video game

BOCA RATON, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc (NASDAQ: GROM), which recently announced that it has entered into a Letter of Intent (LOI) to acquire Arctic7, the Austin, Texas-based game and co-development services provider, today announced the formation of a synergy council that will, upon completion of the acquisition, explore gaming production and other opportunities for ancillary revenue growth.

Key Points: 
  • BOCA RATON, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc (NASDAQ: GROM), which recently announced that it has entered into a Letter of Intent (LOI) to acquire Arctic7, the Austin, Texas-based game and co-development services provider, today announced the formation of a synergy council that will, upon completion of the acquisition, explore gaming production and other opportunities for ancillary revenue growth.
  • Grom, a media, technology, and entertainment company focused on family-friendly programming, web filtering technology and safe social media for kids, intends to explore ways Arctic7’s proven expertise can complement its existing entertainment offerings of safe, social media for kids, its growing catalog of original intellectual properties and its robust 2D animation production studio, based in Manila, the Philippines.
  • Specifically, the synergy council will be tasked with delving into ways Grom might embrace kid- and family-friendly gaming into the company's platforms, create original content together and pursue opportunities the acquisition presents for Top Draw Animation's 300+ animation pros.
  • Darren Marks, CEO of Grom, said: “The gaming market represents $180B, with children’s gaming being sizable +$20bn of that.

thINK Announces Open Registration for the thINK Ahead 10th Annual Conference, to be Held July 15-17, 2024, at The Boca Raton in Boca Raton, Florida

Retrieved on: 
Wednesday, April 3, 2024
Education, Health, Marketing, BOCA, Thought, 3D printing

BOCA RATON, FLA., April 03, 2024 (GLOBE NEWSWIRE) -- thINK, an independent community of Canon Solutions America production inkjet customers, is thrilled to announce that registration is open for thINK Ahead 2024.

Key Points: 
  • BOCA RATON, FLA., April 03, 2024 (GLOBE NEWSWIRE) -- thINK, an independent community of Canon Solutions America production inkjet customers, is thrilled to announce that registration is open for thINK Ahead 2024.
  • This landmark event, celebrating its 10th anniversary, will take place July 15-17, 2024, at The Boca Raton in Boca Raton, Florida.
  • thINK Ahead is the premier event where Canon Solutions America production inkjet customers come together for three days of inspiration, education, and networking.
  • Canon Solutions America production inkjet customers are invited to register for thINK Ahead 2024 on the thINK member site: thINKForum.com/attend .

Janover CEO Provides Letter to Shareholders

Retrieved on: 
Tuesday, April 2, 2024
Failure, Automation, Culture, Letter, SBA, Amazon, Trust, Coffee, Beauty, Small business, IPO, Great, Fintech, BOCA, Fed, Weather

BOCA RATON, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today provided the following letter to shareholders from the Company’s Chairman and CEO, Blake Janover:

Key Points: 
  • BOCA RATON, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today provided the following letter to shareholders from the Company’s Chairman and CEO, Blake Janover:
    Thank you for taking a moment to read my first shareholder letter to Janover public company investors.
  • 2023 was a monumental year for us as a business and for me personally as the Founder & CEO of our company.
  • I say our company because whether you own one share or, as is in my case, many, it’s ours.
  • Our organization will continue to build out a resilient mix of high-quality product offerings to drive value to our customers and as an extension, our shareholders.

NewtekOne, Inc. Hires Taylor Quinn as Chief Risk Officer

Retrieved on: 
Monday, April 1, 2024
Certified Public Accountant, KPMG, Risk management, Growth, Business, Risk, Business school, Amalgamated Bank, Senior, BOCA, Amalgamation, KPMG LLP, NEWT, Management

BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today that it has hired Mr. Taylor Quinn as Senior Vice President, Chief Risk Officer for NewtekOne and Newtek Bank, N.A., effective today.

Key Points: 
  • BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today that it has hired Mr. Taylor Quinn as Senior Vice President, Chief Risk Officer for NewtekOne and Newtek Bank, N.A., effective today.
  • Further, Taylor developed and integrated audit and risk management frameworks across the enterprise through deployment of technology.
  • Prior to Amalgamated Bank, Taylor worked at KPMG LLP as Audit Senior Manager in banking and capital markets where he worked with the audit, risk and regulatory functions.
  • Barry Sloane, Chairman, President and Chief Executive Officer commented, “We are thrilled to announce Taylor Quinn joining the senior management team at NewtekOne and Newtek Bank as Chief Risk Officer.

NewtekOne, Inc. Promotes Frank M. DeMaria to Chief Accounting Officer

Retrieved on: 
Monday, April 1, 2024
KPMG, Knowledge, Controller, Flagstar Bank, Treasurer, Senior, BOCA, Amalgamation, KPMG LLP, NEWT, Accounting, Management

BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) has promoted Mr. Frank M. DeMaria to Executive Vice President, Chief Accounting Officer of NewtekOne effective as of March 29, 2024.

Key Points: 
  • BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) has promoted Mr. Frank M. DeMaria to Executive Vice President, Chief Accounting Officer of NewtekOne effective as of March 29, 2024.
  • Frank brings a career’s worth of experience across many facets of financial holding company accounting and finance to this position.
  • Frank’s prior experience includes being Senior Vice President & Controller at Flagstar Bank, N.A; Senior Vice President & Chief Accounting Officer at Amalgamated Financial Corp.; and Senior Manager at KPMG LLP, Audit Financial Services.
  • Our former Chief Accounting Officer, Nick Leger, has assumed the role of Senior Vice President and Treasurer of NewtekOne and Newtek Bank.

NewtekOne, Inc. Announces Loan Closings for the First Quarter 2024

Retrieved on: 
Monday, April 1, 2024
EPS, NEWT, Growth, SBA, CRE, Running, BOCA, C&I

BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company” or “NewtekOne”) (NASDAQ: NEWT), announced today that its nationally chartered bank subsidiary, Newtek Bank, N.A., closed $207.7 million of SBA 7(a) loans for the three months ended March 31, 2024, which represents a 36.2% increase over $152.5 million of SBA 7(a) loans closed in the first quarter 2023. Newtek Bank and the Company’s non-bank subsidiaries closed $308.6 million of loans, across all loan products, for the three months ended March 31, 2024, which represents a 35.8% increase over $227.2 million for the same period in 2023. The Company also announced strong growth in its loan approval pipeline across all lending products year-to-date through March 31, 2024. In particular, the Company approved $507.7 million of new loans, across all loan products, for the three months ended March 31, 2024. which represents a quarterly record for the Company. NewtekOne’s loan programs include SBA 7(a) loans, SBA 504 loans, alternative lending program (formerly referred to as our non-conforming conventional loan program), conforming C&I loans and conforming CRE loans.

Key Points: 
  • The Company also announced strong growth in its loan approval pipeline across all lending products year-to-date through March 31, 2024.
  • Finally, the Company announced that Newtek Bank has experienced increased deposit activity during the first quarter 2024.
  • Specifically, from the period of March 15, 2024 through March 31, 2024, deposits increased by approximately $30 million.
  • We plan to update our 2024 forecast when we release our first quarter 2024 financial results.

INmune Bio Inc. Announces Year End 2023 Results and Provides a Q4 Business Update

Retrieved on: 
Thursday, March 28, 2024
Patient, Disease, Pacific Rim, BOCA

EEG, which is widely considered a gold standard for objectively measuring brain activity, offers valuable insights into neural connectivity.

Key Points: 
  • EEG, which is widely considered a gold standard for objectively measuring brain activity, offers valuable insights into neural connectivity.
  • Neurological research has consistently shown a progressive decline in alpha band power and frequency in individuals with MCI and Alzheimer's disease.
  • Expect to complete enrollment in the Phase I portion of the mCRPC trial by end of Q3 2024 with data in Q4 2024.
  • Please ask for the INmune Bio Fourth Quarter Conference Call when reaching an operator.