Imperial Capital Hires Senior Hybrids Trader Scott Wilson to Expand European Financials Business

LOS ANGELES, Feb. 15, 2022 (GLOBE NEWSWIRE) — Imperial Capital Group, LLC (“Imperial Capital”) announced today that it has hired Scott Wilson to trade European financials across the firm’s global network. The move represents Imperial’s continued growth strategy in order to augment the firm’s global credit offerings to institutional investors, specifically in the global financials market. Mr. Wilson will team with Amy Hazelton, a veteran hybrids desk analyst based in New York to offer institutional investors trading opportunities in the sector.

“Scott is an established credit professional who brings expertise in a product that we’ve seen become increasingly appealing to our clients,” said Peter Meyer, Managing Director and Head of Fixed Income Sales and Trading. “We are excited to have him come on board as part of a larger initiative to take the Firm’s financials credit business to the next level.”

Mr. Wilson joins Imperial Capital as Managing Director in the High Grade/Hybrid Trading Department in New York. Most recently, Mr. Wilson served as Managing Director at BTIG in New York. Prior to moving to New York, Mr. Wilson worked at LMR Partners and BTG Pactual Asset Management in London, where he focused on financials credit. Mr. Wilson began his career as a financials credit analyst at UBS in Singapore. He holds degrees in Economics and International Affairs from The American University and Johns Hopkins University.

About Imperial Capital, LLC

Imperial Capital, LLC is a full-service investment bank offering a uniquely integrated platform of comprehensive services to institutional investors and middle market companies. We offer sophisticated sales and trading services to institutional investors and a wide range of investment banking advisory, capital markets and restructuring services to middle market corporate clients. Paired with our proprietary research and sales & trading desk analysis, we provide investment analysis across an issuer’s capital structure, including bank loans, debt securities, the hybrid/bank capital marketplace, post-reorganization equities, special situations claims and listed and unlisted equities. Our comprehensive and integrated service platform, expertise across the global capital structure, and deep industry sector knowledge enable us to provide clients with research driven ideas, superior advisory services, and trade execution. We are quick to identify opportunities under any market conditions and we have a proven track record of offering creative, proprietary solutions to our clients. Imperial Capital, LLC has three principal businesses: Investment Banking, Institutional Sales & Trading and Institutional Research. More information about Imperial Capital, LLC can be found at www.imperialcapital.com.

For more information regarding Imperial Capital, please contact:
Mark Martis
+1 310 246 3674
mmartis@imperialcapital.com

About Imperial Capital (International), LLP

Imperial Capital International, founded in 2011, is an affiliate of Imperial Capital, LLC with an office in central London. Complementing Imperial Capital’s existing corporate credit sales and trading franchise, Imperial Capital International expanded the Imperial Capital franchise into the EEA.  Our UK based professionals focus on the entire credit spectrum and have expertise across sales, trading, credit analysis, and support functions. We provide comprehensive trading in multiple currencies.

For more information regarding Imperial Capital (International), LLP, please contact:
Brian Robertson
+ 44 (0) 207 650 5401
brobertson@imperialcapital.com

About Imperial Capital SIM S.p.A.

Imperial Capital SIM S.p.A situated in Milan, Italy is an authorized subsidiary of Imperial Capital. Imperial Capital SIM S.p.A operates in the Italian market, and enables us to passport into other EU jurisdictions post Brexit. We are dedicated to maintaining a European presence and developing our international franchise.
Imperial Capital SIM S.p.A is regulated by Commissione Nazionale per le Società e la Borsa (“CONSOB”) and the Bank of Italy.

For more information regarding Imperial SIM S.p.A., please contact:
Julien Sida
+ 44 (0) 207 650 5431
jsida@imperialcapital.com

HqO’s Rapid Deployment Capabilities Enable Office Owners to Quickly Modernize and Provide Flexible, Experiential Workplaces

Recent Launches Bring Global Workplace Solutions to More than 200 Million Square Feet of Real Estate

BOSTON, Feb. 15, 2022 (GLOBE NEWSWIRE) — HqO, the industry-leading workplace experience technology platform that is revolutionizing how people connect with each other and the places they work, has launched 53 new customer properties in the last six months of 2021. With businesses eager to return to the office, landlords rely on HqO’s award-winning app for its flexible and turnkey solutions that offer the fastest times to market and the ability to scale across multiple properties.

Properties can go live in just a few weeks, powered by HqO’s dedicated and market-leading Product and Customer Success teams. Alongside the ease of use of the HqO platform, each customer receives dedicated and continuous support, from strategy and business metrics analysis, to implementation and adoption, to a long-term tenant engagement strategy that is continually optimized with HqO. Customers in 142 cities across 24 countries trust HqO’s reputation to implement and deploy efficiently and thoroughly – and to do so at scale – as evidenced by its over 450 live assets. Nine customers utilize HqO across their entire portfolio of buildings.

Among the 53 most recent properties to launch HqO are Grosvenor’s 25 EP in London, Lincoln Property Company’s 1101 K St. NW in Washington, D.C., Gecina’s 16 rue Capucines in Paris, New City Properties’ 725 Ponce in Atlanta, Foxrock Properties’ 176 Federal Street in Boston, and The Swig Company’s 633 Folsom in San Francisco. This is in addition to the nearly 100 commercial real estate clients HqO services worldwide, including Jamestown, Cadillac Fairview, Columbia Property Trust, Nuveen Real Estate, Hines, Spear Street Capital, Legal & General Investment Management, and J.P. Morgan Asset Management. Corporate customers include Blackstone, Colliers, Dell, and Finastra.

“Our team is deeply committed to transparent communication and continued engagement with our tenants,” said Megan Calabrese, Director of Property Management at Foxrock Properties. “Through our partnership with HqO, we have enhanced these efforts and can now reach a broader audience within our buildings. It has been exciting to see how receptive our tenants have been to the technology and we look forward to launching new integrations that will support our flexible leasing offering in the coming months.”

To support its growth and further optimize customer launch times, HqO recently expanded its executive team by bringing on veteran Customer Success leader, Larry Simmons — formerly with Tamr and Acquia — who is well-known and respected throughout the software industry for his approach to customer success and professional services.

“This recent wave of app deployments demonstrates that our customers and strategic partners value our commitment to customer success,” said Larry Simmons, Vice President of Client Services and Support at HqO. “It also highlights the industry-leading speed and thoroughness with which we deliver our solution and get our customers up and running.”

About HqO
As the leader in workplace experience technology, HqO is revolutionizing how people connect with each other and the places they work — right from the palm of their hands. Composed of an award-winning app, analytics suite, hybrid work tools, and a flex space management system, the HqO Workplace Experience Platform empowers top employers and commercial property teams to create personalized experiences that engage and delight the people at their properties and inform data-driven decision making. Active in over 200 million square feet and across 24 countries, 57% of the Fortune 100 rely on HqO to build meaningful relationships with the people in the workplace every day. For more information, visit www.hqo.com.

Primary Contact: Kristin Concannon
Phone: 833-225-5476
Email: kristin.concannon@hqo.co 

SEKO Logistics Streamlines International Cross-Border Ecommerce Using Descartes Solutions

ATLANTA, Feb. 15, 2022 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that SEKO Logistics is using Descartes’ solutions for air cargo security filings and ecommerce customs clearance to speed processing time for more than 10 million parcels worldwide each month.

“Cross-border ecommerce is growing significantly and more customers are looking to us to simplify the complexity of filing security and customs entries as goods travel by air between countries,” said David Emerson, Global VP, Ecommerce Solutions at SEKO Logistics. “Descartes’ high-level filing automation enabled SEKO to further manage the extraordinary volumes we’re shipping. As SEKO expands internationally and regulations change, such as Brexit, Descartes has the solutions we need to grow.”

Descartes is a market leader in providing connectivity and air messaging services to customs authorities around the world. Descartes’ solutions help shippers and freight forwarders, like SEKO Logistics, comply with security and customs requirements to electronically file air waybill information for shipment clearance, which accelerates the flow of air cargo, improves security, enhances interagency communication and decreases costs. For ecommerce shipments coming into the U.S., where the total value does not exceed US$800, companies use Descartes’ Section 321 Type 86 customs entry to automatically file basic shipment details at the air manifest level with U.S. Customs and Border Protection (CBP), which allows for the expedited import of goods without the payment of duties and taxes.

“We’re pleased to help SEKO move a high volume of international ecommerce shipments more securely, compliantly and efficiently,” said Scott Sangster, Vice President, Global Logistics Service Providers at Descartes. “With cross-border trade regulations constantly evolving, ecommerce can pose compliance and customer service challenges when transporting goods by air. Descartes has a long-standing track record of working proactively with customers and customs authorities to keep pace with change, so companies can electronically transmit security and fiscal declaration filings to government agencies more easily and reliably.”

About SEKO Logistics

We provide a suite of logistics services which enable you to use your supply chain as a competitive differentiator. As a client-centric organization, we are powered by the expertise of our people and our in-house developed, best-in-class, configurable technology. SEKO helps to simplify processes by providing the right service and cost options with multiple carriers, and by improving your ability to monitor and track sales and purchase order activity. Our logistics solutions are lean and efficient, with the core aim of improving your customer satisfaction and keeping your business running at peak performance. With over 120 offices in 40 countries worldwide, our unique management model enables you to benefit from global implementation experience and expertise across all industry sectors, coupled with vital in-country knowledge and unparalleled service at the local level. For more information, visit sekologistics.com.

About Descartes

Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Cara Strohack                                                    
Tel: +1(800) 419-8495 ext. 202025                        
cstrohack@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

A Woman is the First Captain to Have Completed the New ITA Airways Command Course

Today the Ceremony to Assign the ‘Grades’ to the New Captains

Francesca Longhi is the first Captain to have completed the new ITA Airways Command Course

The first ITA Airways Command Course, the highest level of training to become a Captain, has been completed.Francesca Longhi is the first Captain to receive the prestigious title after completing the course together with twelve new Captains, who are all type-rated to Airbus A320.To celebrate the occasion and assign the ‘grades’ to the new Captains, a ceremony was held this morning at the ITA Airways headquarters, in Rome Fiumicino, at the presence of Alfredo Altavilla – Executive Chairman of ITA Airways, Fabio Lazzerini – Chief Executive Officer of ITA Airways and Captain Riccardo Privitera –Director of Flight Operations of ITA Airways.

ROME, Italy, Feb. 15, 2022 (GLOBE NEWSWIRE) — The first ITA Airways Command Course, the highest level of training to become a Captain, has been completed.

Francesca Longhi is the first Captain to receive the prestigious title after completing the course together with twelve new Captains, who are all type-rated to Airbus A320.

To celebrate the occasion and assign the ‘grades’ to the new Captains, a ceremony was held this morning at the ITA Airways headquarters, in Rome Fiumicino, at the presence of Alfredo Altavilla – Executive Chairman of ITA Airways, Fabio Lazzerini – Chief Executive Officer of ITA Airways and Captain Riccardo Privitera –Director of Flight Operations of ITA Airways.

The restart of Command Courses after more than 10 years, is one of ITA Airways’ major novelties and represents a concrete sign of the Company’s attention to its flight crew, their training, and the tools they need to cover roles of increasing responsibility.
There are 130 First Officers in the new ITA Airways Command Courses who will receive their grades in the coming months.

ITA Airways’ training courses are recognised worldwide as a school of the highest professionalism for pilots, and above all, they provide a unique opportunity to become Captain and fulfil the dream and ambition of every airline pilot, courtesy of the successful completion of the training/selection process.

Each ITA Airways Command Course is made up of several sessions, including classrooms, technical trainings in the flight simulators at the Company’s training centre and flight trainings. During the course, pilots undergo numerous checks, which need to be successfully passed to be granted access to the next level and receive the coveted ‘grades’ as well as the fabled ‘4th stripe’ on their jacket, while officially assuming the title of ‘Acting Captain’ for six months.
During these six months, they will have to undergo further checks, and only after passing them they will become Captains, a position that is officially recognised by the ‘Command Course Board’.

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola barbara.sanicola@lapresse.it
+39 02 26305578 M +39 333 3905243

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ca222053-7370-4955-ac06-6507e5d7e38b

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Innovation in Natural, Clean Ingredients Ushers in Sensegen

Beautiful biotechnology meets the science of good sense

Rancho Santa Margarita, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) — Sensegen,  southern California’s new taste, smell, and beauty business, enters the ingredient market as the first 100% biotechnology-based solution provider serving these markets. Emerging as The Science of Good Sense™, Sensegen’s brand launch marks an 18-month incubation previously under the name Blue California Flavors and Fragrances.

“We’re charting our course in clean and sustainable taste, smell, and beauty in a new and exciting way,” said Kathy Oglesby, chief value creation officer. “Under one roof, perfumers, flavorists, biologists, and chemists are working together, inspired by nature, and disciplined by science.”

Collaborating in their modern and well-equipped Creative Center, the designers are market-focused on biotechnology-based ingredient solutions to design and customize clean-label collections. The Creative Center is full service and state-of-the-art in capability, housing flavor, fragrance, cosmetic, and personal care creation teams supported by analytical chemistry, applications development, and sensory science teams.

Taste, smell, and beauty brands are encouraged to peruse Sensegen’s new website sensegen.com to gain insight into Sensegen’s collections, provenance, philosophy, biobased technology, sensible ingredient innovation process, transparent business practices, and sustainability position.

“Sensegen is committed to supporting brands to meet consumers’ expectations of reducing the environmental footprint of their products and inspiring repeat purchases,” said Oglesby. “We are 100% focused on true-to-nature, sustainable, and clean ingredients made possible by biotechnology.”

Oglesby further states, “The beauty of biotech in ingredient creation is monumental. It is significantly more sustainable than agriculturally derived and petroleum-based ingredients.”

Consumers are seeking to buy clean and sustainable products, and they are expecting companies to change from synthetic to natural. In an Edelman Trust survey, consumers confirmed that they expect companies and business leaders to address and solve macro socio-environmental challenges. And in a 2020 World Economic Forum survey, it appears evident that many are willing to participate actively in building back a better world alongside the brands they choose. In responses from 21,000 people and 28 countries, the survey reported that 86% want to see more sustainable and equitable products in the post-pandemic market.

“Sensegen’s launch marks our commitment to The Way Forward™ – an evolving journey to reinvent natural taste, smell, and beauty solutions,” said Oglesby. “Always customer-focused, our disruptive and provocative business model is based on co-creation, transparency, and partnering to produce clean-label solutions that are easy on the planet.”

Disruptive innovations to date include plant-based musk – one of the fragrance industry’s favorite types of materials. Plantarome™ M  is the first biotech source of musk, a highly strategic option for the market with natural animal sources unethical to harvest and, plant sources too costly for mainstream use. Other musk offerings are synthetic, many of which have already been banned in major markets or are limited in concentration due to safety concerns.

The fermentation and bioconversion processes of innovation partner, Conagen, produce optically active molecules that are precisely what nature makes. “Our innovation partnership with Conagen, where there is a natural flow of creativity and intelligence between market and science, creates great value for us and for our customers,” said Oglesby. “And our market success and expansion into beauty demonstrates it.”

Another advantage of biotechnology-based ingredients is that they can sidestep wobbles in supply chains caused by poor weather, seasonality, and inconsistent plant harvest quality without resorting to synthetic substitutes.

Oglesby foresees, “What we created in 2021 with Conagen is a prelude to the great achievements that will be revealed in 2022.”

Sensegen’s new market focus is evolving into three pillars:

The extensive portfolio of true-to-nature liquid flavors will be expanded in 2022 to include powders and new delivery as the tonality excellence will be applied to other sweet flavors and plant-based offerings.

  • Smell (Air Care, Home Care, Fabric Care, Personal Care, and Fine Fragrance)

New captives form the basis for the growing collection of “the new naturals” for fragranced consumer products. Sensegen’s fragrances fill a white space for naturals in the fragrance market moving toward today’s synthetics in both variety and technical performance.

  • Beauty (Personal Care, Hair and Skin Care, and Cosmetics)

Coming soon is a line of clean, novel, proprietary offerings as well as natural and sustainable qualities of market favorites.

“We’re driving the pipeline of taste, smell, and beauty into the 21st century with the guidance of nature and science, driven by the ‘savoir faire’ of the fragrance, flavor, and cosmetic industries,” concluded Oglesby.

About Sensegen

Sensegen™, is the science of good sense. We’ve got nature down to a science.

As a division of Blue California Ingredients, our innovative taste, smell, and beauty creative center is dedicated solely to delivering plant-based, natural, and sustainable solutions. Our diverse team of experts collaborate with advanced bio-techniques and collaborate as a team to provide unique consumer-validated ingredients.

At Sensegen™, we’ve pioneered a way of formulating nature without compromise or harm; providing one-of-a-kind solutions for Taste, Smell, and Beauty.

Attachments

Ana Arakelian, Head of Public Relations and Communications
Sensegen
+1.949.635.1991
pr@sensegen.com

Positive Results for Lipid inCode® in NHS Clinical Study

Lipid inCode® offers greater diagnostic information for hypercholesterolemia sufferers over current NHS standard

Featured Image for GENinCode Plc

Featured Image for GENinCode Plc

OXFORD, England, Feb. 15, 2022 (GLOBE NEWSWIRE) — GENinCode Plc (AIM: GENI), the predictive genetics company focused on the prevention of cardiovascular disease, announces the successful completion of its NHS clinical study and positive results for its Lipid inCode® test (“Lipid inCode®”) for hypercholesterolemia (high levels of cholesterol), including Familial Hypercholesterolemia (FH), undertaken at Royal Brompton and Harefield Hospitals (“RB&H”), recently merged with Guy’s and St Thomas’ NHS Foundation Trust (“GSTT”) the largest specialist heart and lung centre in the UK.

The peer-reviewed study, which has been published in Global Cardiology Science and Practice, involved DNA samples from 40 index cases who had been referred for FH testing in an ISO15189-accredited NHS genetic screening service. These samples were then retrospectively tested using the Lipid inCode® assay with the results compared with those from the initial NHS testing.

The positive results showed an “absolute concordance in variant detection between both diagnostic tests for monogenic and polygenic FH, the only difference being in the interpretation and classification of DNA variants based on ACMG guidelines, which did not differ by more than one classification class.” The Lipid inCode® test was “equivalent to the NHS test in providing comprehensive genetic analysis that included the assessment of both monogenic (FH) and polygenic determinants of blood cholesterol and including a pharmacogenomic assessment of predisposition to statin-related myopathy“.

The study concluded that “the Lipid inCode® diagnostic test can be undertaken with rapid turnaround and gave the same results as those reported by standard NHS genetic laboratory testing.” This is expected to increase diagnostic efficiency and support timely clinical management. Furthermore, the study found that Lipid inCode® offers additional genetic information such as a polygenic risk score (PRS) for hypercholesterolemia, pharmacogenomic testing for statin intolerance, and genetic predisposition to raised Lp(a), an important independent cardiovascular risk factor. Lipid inCode® also provides a coronary Genetic Risk Score that indicates the genetic contribution to an individual’s overall risk of future coronary heart disease events, based on the genetic variants analysed.

In the UK, around 7.6m people are living with heart and circulatory disease causing 25% of all deaths annually in the UK. Cardiovascular disease (CVD) can be reduced by diagnosing and treating individuals at risk, and the NHS 10 Year Plan (2019) sets out significant ambitions to address the prevention of CVD, including identifying individuals with hypercholesterolemia and particularly those with FH. Lipid inCode offers genetic testing for the causes of high cholesterol, with rapid results and a comprehensive report to clinicians. Lipid inCode® will be offered at a reduced cost to the NHS to help support the NHS meet its declared ambition to detect 25% of people with FH by 2024.

Familial Hypercholesterolemia is an inherited monogenic condition that affects an individual’s ability to regulate and remove cholesterol from their blood. FH affects approximately 1 in 250 people in the UK population and globally. The NHS Long Term Plan sets out to expand access to genetic testing for FH, which causes early heart attacks and sudden cardiac death. Individuals suffering with FH have a higher risk of heart disease and death at a younger age. For individuals suffering with FH, it is important to lower their cholesterol to healthy levels as early as possible, often requiring medicines such as statins or more aggressive treatment to help better control cholesterol levels.

GENinCode specialises in polygenic assessment to identify those at risk of developing CVD, with the aim of preventing future cardiovascular events. CVD is a broad disease classification that encompasses conditions such as coronary artery disease (causing angina, heart attacks, heart failure), cerebrovascular disease (causing stroke, and some dementia), peripheral vascular disease (causing limb ischemia, and some chronic kidney disease) and venous thromboembolism. CVD is the leading cause of death and disability worldwide, accounting for one in every four deaths in the United States. According to the US National Institutes of Health (NIH), by 2030, the global cost of CVD is set to rise to US$1,044 billion, from approximately US$863 billion in 2010, and is both a major health issue and global economic burden.

‘Evaluation of a novel rapid genomic test including polygenic risk scores for the diagnosis and management of familial hypercholesterolaemia’ by Neves, E. et al. Global Cardiology Science & Practice, No 4 (2021), DOI: 10.21542/gcsp.2021.31, https://globalcardiologyscienceandpractice.com/index.php/gcsp/article/view/545

For more information visit www.genincode.com 

or email info@genincode.com 

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First AI-Powered TV Ad Management Platform, Moneyball, Joins Forces with LUSI

LAS VEGAS, Feb. 14, 2022 (GLOBE NEWSWIRE) — MMA Global, Inc. (OTC Pink: LUSI) (the “Company” or “ZUKI.APP”) (name and ticker symbol change pending) is pleased to announce that it has joined forces with LILAKFORTUNE, LDA (doing business as “Moneyball”), the first artificial intelligence (AI)- powered TV ads management platform, connecting sporting organizations, clubs, teams, and other influencers (large and small) and the brands who sponsor them with their fans and followers through over-the-top (OTT) media services.

Applications for Moneyball tech include:

  • Post advertising dynamically embedded through video ads.
  • Using machine learning-based approaches to automate and optimize the processes for potential consumer identification, information extraction, and market segmentation.
  • Targeted advertising in order to present the most relevant advertising messages to consumers.
  • Managing semantics-driven video ads.
  • Distribute the data efficiently in order to maximize the ROI for brands for media Consumers.
  • Integration with existing technologies already deployed.
  • High-Level Data and Analytics.
  • Object detection – Different engines focused on specific groups of game objects and formations.
  • Optical flow-based Computer Vision to identify movement of a ball/moving object.

Moneyball General Manager Joel de Silva said, “We decided to partner with ZUKI.APP, since we are both in a mission to empower digital experiences and convert the right audience into engaged fans.”

Transaction Overview

The deal takes the form of a share swap, which sees the Company taking a 25% equity ownership stake in the voting shares of Moneyball, which is valued at eight million U.S. dollars ($8,000,000), and Moneyball receiving 6,153,846 voting shares of the Company at a price of $0.325 per share. By law and agreement, the shares issued on both sides in connection of this deal will be restricted for a year. In this transaction, the Company will have VIE control for purposes of consolidating the results of these two companies.

This deal contemplates, LUSI, Moneyball and LUSI’s other group companies collaborating to raise up to $75 million in capital together, with up to $2 million of that new capital earmarked for application to the execution of Moneyball’s ambitious strategic plan to grow and to diversify its revenue streams through adoption of its AI-powered by sporting clubs across Europe, with the main focus being on top flight professional football (soccer) clubs. Moneyball has three such clubs aboard so far, one in Brazil and two in Portugal.

About ZUKI.APP

Learn more about ZUKI.APP and its sister companies at https://www.zuki.app/zuki-group.

Forward-Looking Statements Notice

This press release includes statements that may be deemed “forward-looking statements” and for this reason is subject to the forward looking notice disclaimer found at https://www.zuki.app.

Media Contact

Please direct media inquiries as follows:

ZUKI.APP:

Jim Phipps
MMA Global, Inc.
3275 S. Jones Blvd.
Suite 104
Las Vegas, NV 89146
JPhipps@zuki.app
+18018003350
https://www.zuki.app

Moneyball:

Joel de Silva
LILAKFORTUNE, LDA
Lugar de Catapeixe, s/n
4550-215 Castelo de Paiva
Portugal
https://www.getmoneyball.com

Singapore Reports 9,082 New COVID-19 Cases

Singapore reported 9,082 new confirmed cases of COVID-19 yesterday, bringing the total tally to 478,577.

Of the new cases, 2,177 cases were detected through PCR (polymerase chain reaction) tests, and 6,905 through ART (antigen rapid test) tests, according to statistics released by the Ministry of Health.

Among the PCR cases, 2,049 were local transmissions and 128 were imported cases.

Among the ART cases, with mild symptoms and assessed to be of low risk, there were 6,878 local transmissions and 27 imported cases, respectively.

A total of 1,332 cases are currently warded in hospitals, with 23 cases in intensive care units.

Nine death was reported from COVID-19 yesterday, bringing the total death toll to 906, the ministry said.

Source: NAM News Network