ADDISON

Invizyne Technologies Expands Leadership Team Ahead of Proposed Offering and Listing on Nasdaq

Retrieved on: 
Tuesday, May 7, 2024
Sale, Prospectus, Executive, IP, MDB, Verenium Corporation, AI, BASF, Energy transition, Business development, QIAGEN, Business, Life, CLC, Form, IPO, DNA, Science, Synthetic biology, SABS, QGEN, Electronics, POET, Person, Energy, Management

He also currently serves as Chairman of the Board for EXO Incubator Inc. (private) and BlueSEQ Innovations Inc. (private).

Key Points: 
  • He also currently serves as Chairman of the Board for EXO Incubator Inc. (private) and BlueSEQ Innovations Inc. (private).
  • “By using cell-free enzyme systems to produce biochemicals, we believe Invizyne can also significantly create new useful drugs and chemicals that can be commercially produced at competitive prices.
  • The offering will be for 4,300,000 shares of common stock at a price per share of $4.00, for gross proceeds of $17.2 million.
  • Invizyne has applied to list its common shares on The Nasdaq Stock Market under the ticker symbol "IZTC."

Workers at Portillo's Food Production Warehouse Vote To Unionize With the Iron Workers Union

Retrieved on: 
Wednesday, May 1, 2024
IW, Crew, Foodservice, Union, Ironworker, Multimedia, Behavior

AURORA, Ill., May 1, 2024 /PRNewswire/ -- Workers at Portillo's Food Service in Aurora voted this week to be represented by Iron Workers Local 853. This comes after six months of workers coming together to speak out against disrespect on the job. During this time, Portillo's management campaigned against the Union by having meetings with employees to try to convince them not to unionize. Despite all odds, workers were able to come out victorious.

Key Points: 
  • AURORA, Ill., May 1, 2024 /PRNewswire/ -- Workers at Portillo's Food Service in Aurora voted this week to be represented by Iron Workers Local 853.
  • During this time, Portillo's management campaigned against the Union by having meetings with employees to try to convince them not to unionize.
  • "Today's results show that Portillo's union busting behavior won't deter workers from having their voices heard," said Iron Workers Union General Organizer Hank Hunsell.
  • "One year ago, workers at the Addison Food Production Warehouse won their union, and since then Portillo's has done everything in their power to try to discredit the election," said Iron Workers Union Organizer Anahí Tapia Torres.

Workers at two Portillo's locations united in their fight for a union

Retrieved on: 
Friday, April 26, 2024
IW, Multimedia, NLRB, Movement, Ironworker

ROSEMONT, Ill., April 26, 2024 /PRNewswire/ -- Workers from two Portillo's food production facilities stood together in support of each other's efforts to unionize with Ironworkers Local 853. Over one year ago workers at the Addison location voted overwhelmingly in support of representation, and then on April 5, 2024, reaffirmed their support by formally demanding the company recognize their union. Portillo's Workers in Aurora filed for an election the same day. Workers at Aurora will have their vote April 30th.

Key Points: 
  • A weekend rally supporting Addison workers' petition to recognize their union and Aurora workers' April 30th election drew crowds of over 200 allies.
  • Over one year ago workers at the Addison location voted overwhelmingly in support of representation, and then on April 5, 2024, reaffirmed their support by formally demanding the company recognize their union.
  • Portillo's Workers in Aurora filed for an election the same day.
  • "Portillo's is doing all it can to block the workers' union," says Hank Hunsell, Ironworkers Union General Organizer.

MDB Capital Holdings Year-End Update

Retrieved on: 
Wednesday, April 17, 2024
EERE, Sale, Fiscal, DOE, MDB, Energy efficiency, Security (finance), Renewable energy, MDBH, Entrepreneurship, Form, IPO, NREL, Shell, IRA

Addison, Texas, April 17, 2024 (GLOBE NEWSWIRE) -- MDB Capital Holdings, LLC, (NASDAQ: MDBH) (“MDB”), a public venture platform focused on launching category-leading deep technology companies, reported results for its fourth quarter and full year ended December 31, 2023, on form 10-K filed with the Securities and Exchange Commission, and will highlight recent corporate progress on today’s call with management.

Key Points: 
  • Addison, Texas, April 17, 2024 (GLOBE NEWSWIRE) -- MDB Capital Holdings, LLC, (NASDAQ: MDBH) (“MDB”), a public venture platform focused on launching category-leading deep technology companies, reported results for its fourth quarter and full year ended December 31, 2023, on form 10-K filed with the Securities and Exchange Commission, and will highlight recent corporate progress on today’s call with management.
  • The company anticipates the IPO will occur in late Q2 to early Q3, with timing subject to SEC review process.
  • In allocating the shares to be sold in IPO, the company intends to give preference to holders of MDB Class A Shares.
  • ET Today
    Christopher Marlett, CEO and Co-Founder of MDB will lead the webinar and will be joined by other members of the management team to review recent developments, ongoing initiatives, anticipated 2024 milestones, as well as host a question-and-answer period.

MDB Capital Holdings to Host Fourth Quarter 2023 and Fiscal Year 2023 Results Webinar on Wednesday April 17, 2024 at 4:30 PM Eastern Time

Retrieved on: 
Thursday, April 11, 2024
Entrepreneurship, MDB, MDBH

Addison, Texas, April 11, 2024 (GLOBE NEWSWIRE) -- MDB Capital Holdings, LLC, (NASDAQ: MDBH) (“MDB”), a public venture platform with the objective of growing the public venture marketplace and optimizing the way meaningful technologies are financed and built, plans to host a Zoom webinar on Wednesday April 17, 2024 at 4:30 p.m. Eastern Time to discuss its results for the fourth quarter and full fiscal year ended December 31, 2023.

Key Points: 
  • Addison, Texas, April 11, 2024 (GLOBE NEWSWIRE) -- MDB Capital Holdings, LLC, (NASDAQ: MDBH) (“MDB”), a public venture platform with the objective of growing the public venture marketplace and optimizing the way meaningful technologies are financed and built, plans to host a Zoom webinar on Wednesday April 17, 2024 at 4:30 p.m. Eastern Time to discuss its results for the fourth quarter and full fiscal year ended December 31, 2023.
  • A press release detailing these results will be issued prior to the call.
  • Christopher Marlett, CEO and Co-Founder of MDB will lead the webinar and will be joined by other members of the management team to review recent developments, ongoing initiatives, anticipated 2024 milestones, as well as host a question-and-answer period.

ClearSign Technologies Corporation Announces Closing of $9.3 Million Public Offering and Concurrent Private Placement of Common Stock and Warrants

Retrieved on: 
Tuesday, April 23, 2024
Sale, Safety, Security (finance), Research, Form, CLIR, Marketing, S-3, Telephone

In a private placement completed concurrently with the public offering, ClearSign issued to an accredited investor an aggregate of 2,249,763 shares of common stock, pre-funded warrants to purchase up to 3,155,642 shares of common stock and redeemable warrants to purchase up to 8,108,106 shares of common stock.

Key Points: 
  • In a private placement completed concurrently with the public offering, ClearSign issued to an accredited investor an aggregate of 2,249,763 shares of common stock, pre-funded warrants to purchase up to 3,155,642 shares of common stock and redeemable warrants to purchase up to 8,108,106 shares of common stock.
  • The offering prices in the private placement were $0.91 per share and $0.01 per redeemable warrants, or $0.9099 per pre-funded warrant and $0.01 per redeemable warrants, as applicable.
  • Public Ventures, LLC acted as the sole book-running manager for the public offering and as a placement agent for the private placement.
  • Gross proceeds from the public and private offering were approximately $9.3 million, excluding underwriting and placement agent discounts and commissions and other offering-related expenses.

ClearSign Technologies Corporation Announces Pricing of $9.3 Million Public Offering and Concurrent Private Placement of Common Stock and Warrants

Retrieved on: 
Friday, April 19, 2024
Sale, Safety, Security (finance), Research, Form, Exercise, Marketing, S-3, Telephone

In connection with the offering, ClearSign has granted the underwriters a 45-day option to purchase up to an additional 15% of shares of common stock or shares of common stock and accompanying warrants at the public offering prices, less underwriting discounts and commissions.

Key Points: 
  • In connection with the offering, ClearSign has granted the underwriters a 45-day option to purchase up to an additional 15% of shares of common stock or shares of common stock and accompanying warrants at the public offering prices, less underwriting discounts and commissions.
  • In a private placement to be completed concurrently with the completion of the public offering, ClearSign will issue to an accredited investor an aggregate of 5,405,405 shares of common stock (or pre-funded warrants in lieu thereof) and redeemable warrants to purchase up to 8,108,108 shares of common stock.
  • The offering prices in the private placement are $0.91 per share and $0.015 per one and a half warrant.
  • Public Ventures, LLC is acting as the sole book-running manager for the public offering and as a placement agent for the private placement.

EXO Charge Successfully Completes Military Qualification for Small Tactical Universal Battery (STUB)

Retrieved on: 
Wednesday, April 17, 2024
UN, EXO, Multimedia, Power Pack, USB, Engineering, APP

ADDISON, Ill., April 17, 2024 /PRNewswire/ -- EXO Charge, a division of Xentris Wireless headquartered in Addison, Illinois, proudly announces the successful completion of military testing for their latest innovation, the Small Tactical Universal Battery (STUB).

Key Points: 
  • ADDISON, Ill., April 17, 2024 /PRNewswire/ -- EXO Charge, a division of Xentris Wireless headquartered in Addison, Illinois, proudly announces the successful completion of military testing for their latest innovation, the Small Tactical Universal Battery (STUB).
  • The Small Tactical Universal Battery (STUB) is a game-changer in the industry, designed to meet the demanding needs of military applications.
  • "We are thrilled to announce the successful completion of military qualification for our Small Tactical Universal Battery," said David Bailey, CEO of EXO Charge.
  • Stay tuned for more updates as the company progresses towards high-rate manufacturing of the Small Tactical Universal Battery (STUB) and its other amazing technological breakthroughs.

Iron Workers Union Supports Two Portillo's Facilities' Demand for Union Recognition

Retrieved on: 
Monday, April 8, 2024
NLRB, IW

AURORA, Ill., April 8, 2024 /PRNewswire/ -- Already organizing, and inspired by the workers at the Addison location, the majority of workers at the food production warehouse in Aurora demanded Portillo's recognize their union. Following these actions, a petition was filed with the National Labor Relations Board seeking an election for representation by the Ironworkers Union.

Key Points: 
  • AURORA, Ill., April 8, 2024 /PRNewswire/ -- Already organizing, and inspired by the workers at the Addison location, the majority of workers at the food production warehouse in Aurora demanded Portillo's recognize their union.
  • The majority of workers at the Portillo's food production warehouse in Addison also presented the company with a petition reaffirming their support to form a union.
  • Background- On April 13, 2023, Portillo's food production warehouse workers in Addison, IL overwhelmingly voted for representation by Iron Workers Local 853.
  • The company filed baseless objections and appeals in attempts to block the workers' union.

AM Best Assigns Credit Ratings to Amherst Specialty Insurance Company

Retrieved on: 
Tuesday, April 2, 2024
Professional Services, Insurance, Finance, ERM, Risk, ALL, News, Overalls, Ruin theory, Credit, AM Best, RTC, Risk management

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Amherst Specialty Insurance Company (Amherst Specialty) (Addison, TX).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Amherst Specialty Insurance Company (Amherst Specialty) (Addison, TX).
  • Amherst Specialty will become the primary excess and surplus insurance paper to write all new and renewal policies of Risk Theory programs.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .