HUGS

Comcast Becomes Proud Partner of USA Gymnastics

Retrieved on: 
Monday, August 14, 2023

USA Gymnastics (USAG) today announced that global media and technology company, Comcast, will have its Xfinity brand serve as the organization’s official mobile, internet, and video provider.

Key Points: 
  • USA Gymnastics (USAG) today announced that global media and technology company, Comcast, will have its Xfinity brand serve as the organization’s official mobile, internet, and video provider.
  • Comcast will power the USA Gymnastics National Team as they prepare for the Olympic and Paralympic Games Paris 2024 while also championing the next generation of gymnasts nationwide.
  • View the full release here: https://www.businesswire.com/news/home/20230814372327/en/
    “We are proud to partner with USA Gymnastics and support the incredible gymnasts who are pursuing their Olympic dreams,” said, Matt Lederer, VP, Branded Partnerships & Amplification at Comcast.
  • “We are so excited to welcome Comcast as a partner supporting the journeys of USA Gymnastics athletes,” USAG President and CEO Li Li Leung said.

Clarence Wilbon Elected Chair of Adams and Reese

Retrieved on: 
Monday, November 21, 2022

MEMPHIS, Tenn., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Clarence Wilbon has been elected Chair of the Adams and Reese Executive Committee, effective January 1, 2023.

Key Points: 
  • MEMPHIS, Tenn., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Clarence Wilbon has been elected Chair of the Adams and Reese Executive Committee, effective January 1, 2023.
  • Wilbon will become the first African American in the law firm's 71-year history to be elected to chair its Executive Committee.
  • Wilbon has practiced at Adams and Reese since 2014 and was elected to the EC in 2021.
  • "Through working with him on the EC, I have seen Clarence lead and champion projects that have strengthened Adams and Reese.

NYSE to Suspend Trading Immediately in Warrants of USHG Acquisition Corp. (HUGSW) and Commence Delisting Proceedings

Retrieved on: 
Tuesday, November 22, 2022

The New York Stock Exchange (NYSE, the Exchange) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants of USHG Acquisition Corp. (the Company), each whole warrant exercisable for one share of Class A common stock ticker symbol HUGSW from the NYSE.

Key Points: 
  • The New York Stock Exchange (NYSE, the Exchange) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants of USHG Acquisition Corp. (the Company), each whole warrant exercisable for one share of Class A common stock ticker symbol HUGSW from the NYSE.
  • Trading in the Companys warrants will be suspended immediately.
  • Trading in the Companys Class A common stock ticker symbol HUGS and units ticker symbol HUGSU will continue on the NYSE.
  • NYSE Regulation has determined that the Companys warrants are no longer suitable for listing based on abnormally low price levels, pursuant to Section 802.01D of the Listed Company Manual.

USHG Acquisition Corp. and Panera Brands Will Not Extend Partnership

Retrieved on: 
Friday, July 1, 2022

USHG Acquisition Corp. (NYSE:HUGS) (HUGS), a company sponsored by an affiliate of Union Square Hospitality Group, LLC, a leading hospitality business, and Panera Brands Inc. (Panera) announced today that, due to deteriorating capital market conditions, the parties have decided not to extend their previously announced agreement through which HUGS would have participated alongside the Panera Brands initial public offering.

Key Points: 
  • USHG Acquisition Corp. (NYSE:HUGS) (HUGS), a company sponsored by an affiliate of Union Square Hospitality Group, LLC, a leading hospitality business, and Panera Brands Inc. (Panera) announced today that, due to deteriorating capital market conditions, the parties have decided not to extend their previously announced agreement through which HUGS would have participated alongside the Panera Brands initial public offering.
  • Adam Sokoloff, Chief Executive Officer of HUGS said, HUGS was proud to co-create a unique structure that provided substantial benefits and significant optionality to our shareholders.
  • USHG holds an unprecedented 28 James Beard Awards and has earned numerous accolades for its distinctive style of hospitality.
  • HUGS undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Panera Brands and HUGS End Planned Partnership

Retrieved on: 
Friday, July 1, 2022

Panera Brands will continue to prepare for and evaluate a potential public listing should market conditions improve.

Key Points: 
  • Panera Brands will continue to prepare for and evaluate a potential public listing should market conditions improve.
  • We have tremendous respect for Danny Meyer, HUGS and its management team and have enjoyed a very collaborative relationship since last Fall, said Niren Chaudhary, CEO of Panera Brands.
  • Panera Brands is one of the worlds largest fast casual restaurant companies, with nearly 4,000 locations and 110,000 employees across 10 countries.
  • A portfolio of complementary brands bound by common values and shared growth opportunities, Panera Brands is comprised of Panera Bread, Caribou Coffee and Einstein Bros. Bagels.

Hugs, the Web 3.0 Crowdsourcing Platform, Kicks Off First Private Sale Round

Retrieved on: 
Wednesday, May 18, 2022

The Hugs team will utilize this funding to grow the team and launch their platform.

Key Points: 
  • The Hugs team will utilize this funding to grow the team and launch their platform.
  • Platforms in the Web 2.0 space and decentralized autonomous organizations (DAOs) in Web 3.0 alike have already proven how powerful a crowdsourcing business model can be.
  • Setting up a frictionless and efficient process to implement crowdsourcing in a business model has been a struggle for many organizations though.
  • Uniquely, Hugs also enables Web 2.0 businesses to tap into the power of decentralized crowdsourcing by providing services bridging traditional platforms with the modular Web 3.0 Hugs platform.

Hugs, the Web 3.0 Crowdsourcing Platform, Kicks Off First Private Sale Round

Retrieved on: 
Wednesday, May 18, 2022

The Hugs team will utilize this funding to grow the team and launch their platform.

Key Points: 
  • The Hugs team will utilize this funding to grow the team and launch their platform.
  • Platforms in the Web 2.0 space and decentralized autonomous organizations (DAOs) in Web 3.0 alike have already proven how powerful a crowdsourcing business model can be.
  • Setting up a frictionless and efficient process to implement crowdsourcing in a business model has been a struggle for many organizations though.
  • Uniquely, Hugs also enables Web 2.0 businesses to tap into the power of decentralized crowdsourcing by providing services bridging traditional platforms with the modular Web 3.0 Hugs platform.

HUGS Announces Brand Launch and Charitable Efforts to Give Back To LGBTQ+ Community

Retrieved on: 
Tuesday, May 10, 2022

SACRAMENTO, Calif., May 10, 2022 /PRNewswire/ -- HUGS, the newest cannabis retail brand under MWG Holdings Group, Inc. ("MWG"), is launching their first products for PRIDE month. As part of the launch, the brand is donating $1 from every HUGS 3.5g jar sold in June to the Sacramento LGBT Community Center. The HUGS brand debuts with their first three limited-edition premium indoor flower strains aptly named Rainbow Sherbet, Same-Sex Wedding Cake, and Banana Envy. Each strain is available in full 1g prerolls and 3.5g jars in dispensaries throughout California.

Key Points: 
  • As part of the launch, the brand is donating $1 from every HUGS 3.5g jar sold in June to the Sacramento LGBT Community Center.
  • The HUGS brand debuts with their first three limited-edition premium indoor flower strains aptly named Rainbow Sherbet, Same-Sex Wedding Cake, and Banana Envy.
  • "Timing the launch of our new HUGS premium, indoor, flower brand with Pride Month is a match made in heaven," said Denyelle Bruno, CEO of MWG.
  • Our new HUGS brand was created with the end user in mind and it's perfect for the cannabis beginner and even better for the cannabis connoisseur.

Danny Meyer’s USHG Acquisition Corp. to Be Cornerstone Partner Alongside Panera Brands IPO

Retrieved on: 
Tuesday, November 9, 2021

Danny Meyer will also invest directly in Panera Brands at the time of the previously announced Panera Brands IPO and become Lead Independent Director of Panera Brands board following completion of the IPO.

Key Points: 
  • Danny Meyer will also invest directly in Panera Brands at the time of the previously announced Panera Brands IPO and become Lead Independent Director of Panera Brands board following completion of the IPO.
  • Pursuant to the Transaction, HUGS shareholders will become direct shareholders in Panera Brands, alongside current and future shareholders of Panera Brands after the Panera Brands IPO.
  • David Bell, Senior Partner at JAB said, We are excited to have Danny Meyer and HUGS as key partners with Panera Brands and for Danny to join Niren and the team as an active participant in its long-term success alongside Panera Brands shareholders.
  • Neither HUGS nor Panera Brands gives any assurance that either HUGS or Panera Brands will achieve its expectations.

HUGS Limited set to announce its ground-breaking HugBunters dApp at the upcoming Crypto Gibraltar Conference

Retrieved on: 
Thursday, October 7, 2021

GIBRALTAR, Oct. 7, 2021 /PRNewswire/ -- The Crypto Gibraltar Conference will be the live stage of HUGS Limited's (HUGS) presentation of its firstdApp,HugBunters ( www.hugbunters.com )Gianni Brisson, tech entrepreneur and founder of Gibraltar-based HUGS ( https://hugs.limited ), will present the underlying economics of the HUGS Reward Pool at the Gibraltar Crypto Conference 2021 on Saturday, October 9th( https://cryptogib.gi ).

Key Points: 
  • GIBRALTAR, Oct. 7, 2021 /PRNewswire/ -- The Crypto Gibraltar Conference will be the live stage of HUGS Limited's (HUGS) presentation of its firstdApp,HugBunters ( www.hugbunters.com )Gianni Brisson, tech entrepreneur and founder of Gibraltar-based HUGS ( https://hugs.limited ), will present the underlying economics of the HUGS Reward Pool at the Gibraltar Crypto Conference 2021 on Saturday, October 9th( https://cryptogib.gi ).
  • "Gibraltar is an increasingly important crypto country, which is why we are even more excited to announce theHugBuntersdAppand its native token BUXX at Crypto Gibraltar",says Gianni Brisson.
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