XAI

XAI Octagon Floating Rate & Alternative Income Term Trust Announces Private Placement of Convertible Preferred Shares

Retrieved on: 
Tuesday, November 7, 2023
Professional Services, Finance, Sale, NYSE, Convertible, XAI, Purchasing, Bangladesh Securities and Exchange Commission, Exercise, Trust, Common, Asset purchase agreement, Indian stock exchange, Conversion, Sales management, Security (finance)

The Trust expects to receive net proceeds (before expenses) from the sale of the Convertible Preferred Shares of approximately $27.9 million.

Key Points: 
  • The Trust expects to receive net proceeds (before expenses) from the sale of the Convertible Preferred Shares of approximately $27.9 million.
  • The Convertible Preferred Shares pay a quarterly dividend at a fixed annual rate of 6.95% of the liquidation preference, or $1.7375 per share, per year.
  • The Convertible Preferred Shares will not be listed on any exchange and may not be transferred without the consent of the Trust.
  • The Convertible Preferred Shares were offered directly to the purchasers without a placement agent, underwriter, broker or dealer.

Apromore Releases New Tools for Business Analysts and Lean Professionals to Track Degradations in KPIs and Drill Down into Root Causes

Retrieved on: 
Thursday, November 2, 2023
Security, Technology, Other Technology, Software, Networks, Artificial Intelligence, Internet, Artificial intelligence, XAI, Lean Six Sigma, Intelligence, Root cause analysis, KPI-driven code analysis, Diagnosis, KPI, Automation, Risk management

New Performance Trend Charts provide operations managers with a built-in, real-time solution to know when KPIs (key performance indicators) will not be met.

Key Points: 
  • New Performance Trend Charts provide operations managers with a built-in, real-time solution to know when KPIs (key performance indicators) will not be met.
  • Marlon Dumas, Chief Product Officer at Apromore, said, “Now analysts can spot an emerging problem, for example, with on-time performance, and drill down to find the cause within seconds.
  • Root Cause Analysis – automated detection of factors that cause KPI violations, such as sources of delays, errors, or deviations.
  • These new capabilities and enhancements represent the Apromore version 9.4 release and are available now.

XAI Octagon Floating Rate & Alternative Income Term Trust Announces Board Approval of Proposal to Become Perpetual Fund and New Sub-Advisory Agreement with Octagon Credit Investors

Retrieved on: 
Thursday, October 26, 2023
Consulting, Banking, Professional Services, Asset Management, Fintech, Security (finance), NYSE, Generali, XAI, Cyprus Securities and Exchange Commission, Acquisition, Proposal, Investment, Restatements of the Law, Growth, Proxy, Octagon, Assicurazioni Generali, Auction, Trustee, Trust

XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), announced that the Trust’s Board of Trustees (the “Board”) has unanimously approved a proposal to eliminate the Trust’s termination date of December 31, 2029.

Key Points: 
  • XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT), announced that the Trust’s Board of Trustees (the “Board”) has unanimously approved a proposal to eliminate the Trust’s termination date of December 31, 2029.
  • The proposal, if approved by shareholders, will amend the Trust’s Second Amended and Restated Declaration of Trust and make the Trust perpetual (the “Term Amendment”).
  • The transaction will constitute an “assignment” of the current sub-advisory agreement among the Trust, XAI and Octagon, causing the current agreement to terminate according to its terms, and necessitating approval of the new sub-advisory agreement (the “New Octagon Agreement”).
  • The Term Amendment and the New Octagon Agreement (together, the “Proposals”) are subject to approval by the Trust’s shareholders.

Team Secret Joins Forces with Xai Foundation to Elevate Decentralized Gaming Ecosystem

Retrieved on: 
Thursday, October 19, 2023
Team Secret, XAI, DAC, AAA, Hacks, Advertising, Blockchain, Environment, Ecosystem, Partnership, Populus, Secrecy, Video game, Cryptocurrency, Ethereum

NEW YORK, Oct. 19, 2023 /PRNewswire/ -- In a groundbreaking partnership, Team Secret, a global esports powerhouse, has announced its collaboration with the Xai Foundation to advance the decentralized gaming ecosystem known as Xai.

Key Points: 
  • NEW YORK, Oct. 19, 2023 /PRNewswire/ -- In a groundbreaking partnership, Team Secret, a global esports powerhouse, has announced its collaboration with the Xai Foundation to advance the decentralized gaming ecosystem known as Xai.
  • Team Secret will join the network's Data Availability Committee (DAC) and actively participate in the governance of the Xai ecosystem.
  • "Team Secret is thrilled to collaborate with the Xai Foundation in advancing the world of decentralized gaming," said John Yao, CEO at Team Secret.
  • The partnership between Team Secret and the Xai Foundation marks a significant milestone in the evolution of decentralized gaming.

GAINS' Customer Success Drives Record Market Momentum with 42 Percent Revenue Growth

Retrieved on: 
Wednesday, October 11, 2023
Health, XAI, Data science, Acquisition, Machine learning, AI, Labs, OR, Artificial intelligence, CG Power and Industrial Solutions, Gartner, VUCA, Policy, Science, Heuristic, Ambiguity, Uncertainty, SMB, Explainable artificial intelligence, ML, Airline, Distribution (marketing), Warehouse, Risk management, Engineering

"The incremental and rapid results that our customers are achieving is propelling our market momentum," said Dave Shrager, President of GAINS.

Key Points: 
  • "The incremental and rapid results that our customers are achieving is propelling our market momentum," said Dave Shrager, President of GAINS.
  • The first half of 2023 has seen GAINS realize market-shaping milestones driven by a surge in successful implementations and resulting new customer engagements.
  • GAINS is focused on companies that operate at the intersection of cost, complexity, and service, where bad decisions breed inventory.
  • GAINS increased its total headcount by 20 percent in 2023 and is actively hiring in all key areas.

International cooperation in data protection: not an option, but vital to our tasks

Retrieved on: 
Tuesday, September 26, 2023
Adoption, Civil service commission, CJEU, World Refugee Day, Privacy, EDPS, G7, XAI, Disaster, Supervisor, Refugee, DPA, GDPR, Courage, Cisco Webex, European Commission, Drug, Perfume, Medical device, Food delivery

In the next few weeks, we will be sharing some of our tips to help you protect your personal data and your privacy when on holiday.

Key Points: 
  • In the next few weeks, we will be sharing some of our tips to help you protect your personal data and your privacy when on holiday.
  • Why not adopt some of the practices shared below to keep your information safe?
  • Tip #1 on privacy check-ups
    Tip #2 on how to share with care online
    Tip #3 on how to say yes to fishing no to phishing!
  • In episode 5, learn more about XAI, processing data to combat crime, the role of a data protection officer, and more.

Swift adoption of Regulation to streamline cross-border enforcement needed

Retrieved on: 
Tuesday, September 26, 2023
Adoption, Civil service commission, CJEU, World Refugee Day, Privacy, EDPS, G7, XAI, Disaster, Supervisor, Refugee, DPA, GDPR, Courage, Cisco Webex, European Commission, Drug, Perfume, Medical device, Food delivery

In the next few weeks, we will be sharing some of our tips to help you protect your personal data and your privacy when on holiday.

Key Points: 
  • In the next few weeks, we will be sharing some of our tips to help you protect your personal data and your privacy when on holiday.
  • Why not adopt some of the practices shared below to keep your information safe?
  • Tip #1 on privacy check-ups
    Tip #2 on how to share with care online
    Tip #3 on how to say yes to fishing no to phishing!
  • In episode 5, learn more about XAI, processing data to combat crime, the role of a data protection officer, and more.

HoneyNaps Receives U.S. FDA Approval for Groundbreaking AI Sleep Disorder Diagnosis Software

Retrieved on: 
Monday, September 25, 2023
Posture, Polysomnography, Sleep, AlphaGo, WSS, Research, Snoring, XAI, Facial muscles, Sleep disorder, SCIE, Reading, Diagnosis, AI, Chin, FDA, Regulation of food and dietary supplements by the U.S. Food and Drug Administration, Food, Medical device, Pharmaceutical industry

SEOUL, South Korea, Sept. 25, 2023 /PRNewswire/ -- HoneyNaps, the leading-edge AI-based sleep disorder diagnosis software company, has announced that its SOMNUM AI sleep disease analysis algorithm has been approved by the U.S. Food and Drug Administration (FDA).

Key Points: 
  • SEOUL, South Korea, Sept. 25, 2023 /PRNewswire/ -- HoneyNaps, the leading-edge AI-based sleep disorder diagnosis software company, has announced that its SOMNUM AI sleep disease analysis algorithm has been approved by the U.S. Food and Drug Administration (FDA).
  • AI and medical devices are a sought-after combination, but the FDA has granted only two approvals for sleep disease diagnosis solutions by U.S. companies.
  • HoneyNaps is the first Korean company and identify their FDA approval as a demonstration of their technology's capabilities.
  • Sleep biosignals tend to include electroencephalograms, electrooculograms, chin and leg electromyograms, electrocardiograms, respiratory airflow and effort, oxygen saturation, posture, and snoring, and these are monitored continuously during sleep for assessing sleep status and sleep disorder diagnosis via polysomnography.

XAI Octagon Floating Rate & Alternative Income Term Trust Reaches $500 Million Total Managed Assets Milestone

Retrieved on: 
Wednesday, September 20, 2023
Asset Management, Professional Services, Finance, CLO, Investment, Marketing, Trust, GAAP, XAI, Growth, NYSE, Octagon, Security (finance)

XA Investments (“XAI”), a Chicago-based alternative asset manager, is pleased to announce that the XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT, the “Trust”) has surpassed $500 million in total managed assets.

Key Points: 
  • XA Investments (“XAI”), a Chicago-based alternative asset manager, is pleased to announce that the XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT, the “Trust”) has surpassed $500 million in total managed assets.
  • XFLT provides investors access to income-producing securities including senior loans, collateralized loan obligation (“CLO”) debt and CLO equity.
  • The Trust’s investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
  • Octagon Credit Investors is a recognized leader in the CLO marketplace and as such the Trust has developed a loyal investor base.

Nulogy and OMP Expand Partnership to Deliver Digital Transformation Experience to Life Sciences and Chemical Supply Chains

Retrieved on: 
Wednesday, September 20, 2023
Partnership, Food, Senior, Dow, Software, Procter, OMP, Colgate-Palmolive, XAI, Procter & Gamble, Fortune 500, Digital transformation, Church & Dwight, Supply chain, Johnson & Johnson, Conference, Asset management, Warehouse

TORONTO, Sept. 20, 2023 /PRNewswire/ - Nulogy , a leading provider of supply chain collaboration solutions, and OMP, a global software and services company specializing in optimizing supply chain planning, today announced an expansion of their existing partnership.

Key Points: 
  • TORONTO, Sept. 20, 2023 /PRNewswire/ - Nulogy , a leading provider of supply chain collaboration solutions, and OMP, a global software and services company specializing in optimizing supply chain planning, today announced an expansion of their existing partnership.
  • The expansion enables the two companies to deliver an enhanced Supply Chain Digital Transformation experience to a new group of industries, including life sciences and chemicals.
  • First announced in December 2021, the Nulogy-OMP partnership focused on providing solutions for consumer packaged goods and food & beverage companies.
  • Nulogy is speaking at the OMP Conference 2023 in Barcelona on the benefits of multi-enterprise collaboration between brands and manufacturers and their extended supply network.