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Terreno Realty Corporation Sells Property in Union City, CA for $16.9 Million

Terreno Realty Corporation Sells Property in Union City, CA for $16.9 Million

BELLEVUE, Wash.–(BUSINESS WIRE)–Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Union City, California on January 7, 2025 for a sale price of approximately $16.9 million.

The property consists of one industrial distribution building containing approximately 66,000 square feet on 3.0 acres which is vacant. The property was purchased by Terreno Realty Corporation on March 26, 2015 for $7.4 million. The unleveraged internal rate of return generated by the investment was 13.0%.

Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C.

Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2023 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.

Terreno Realty Corporation

Jaime Cannon

415-655-4580

KEYWORDS: California Washington United States North America

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property REIT

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PacBio Announces Shipment of Vega Systems to Berry Genomics to Support its Clinical Assay Development for Asian Markets

Berry Genomics will leverage PacBio Vega System to develop long-read sequencing-based solutions for patients in China and other countries

MENLO PARK, Calif., Jan. 08, 2025 (GLOBE NEWSWIRE) — PacBio (NASDAQ: PACB), developer of the world’s most advanced sequencing technologies, has delivered its first Vega systems to Berry Genomics as part of an early access agreement announced in 2022. Under the terms of the original agreement, Berry Genomics will develop and optimize its targeted assays to support carrier, prenatal, and newborn screening programs in China and other markets.

In the next phase of the relationship, Berry Genomics will build on the platform to deliver a solution designed for the characteristics of its clinical customers and the populations they serve. The company will take the resulting instrument through the National Medical Products Administration (NMPA) regulatory review process in China and support additional product registrations in other markets. Berry has committed to purchasing more than 50 Vega units as part of its agreement with PacBio.

“The Berry Genomics team has played an important role in our work to develop Vega, providing critical feedback on the technology based on their early testing and prior use of our Sequel II instrument,” said Mark Van Oene, PacBio’s Chief Operating Officer. “We look forward to the continuation of our relationship and to leveraging their learnings in the Chinese clinical market as we look to develop an instrument for clinical use in other geographies.”

“Next-generation sequencing technology has shown great potential as a tool to help understand genetic disease and comprehensively interpret the human genome to benefit human health. Here in China, small to medium-sized laboratories need genomics equipment that doesn’t have a large footprint or price tag and can enable laboratories to process smaller sample volumes quickly. By collaborating with PacBio to bring Vega to these customers, we’re not only unlocking new potential research opportunities, but we’re also helping clinical labs offer their patients access to best-in-class genomics services,” said Dr. Aiping Mao, Vice Director of Berry Genomics R&D.

The Vega system is PacBio’s first benchtop long-read sequencing platform, introduced last year. Vega delivers all the functionality of the Revio™ system, PacBio’s high-throughput long-read sequencer, into a compact, lower-throughput benchtop platform. Offering exceptional data accuracy with HiFi technology and fast turnaround time, Vega is the perfect solution for laboratories looking for a compact, easy-to-use way to adopt highly accurate long-read sequencing for a variety of applications.

About PacBio

PacBio (NASDAQ: PACB) is a premier life science technology company that designs, develops, and manufactures advanced sequencing solutions to help scientists and clinical researchers resolve genetically complex problems. Our products and technologies stem from two highly differentiated core technologies focused on accuracy, quality and completeness which include our HiFi long-read sequencing and our SBB® short-read sequencing technologies. Our products address solutions across a broad set of research applications including human germline sequencing, plant and animal sciences, infectious disease and microbiology, oncology, and other emerging applications. For more information, please visit www.pacb.com and follow @PacBio.

PacBio products are provided for Research Use Only. Not for use in diagnostic procedures.

About Berry Genomics

Berry Genomics was established in May 2010 and listed on the A-share main board in 2017 (stock code: 000710). The company is committed to the comprehensive transformation of genetic testing technology into clinical application, focusing on reproductive health, genetic disease testing, scientific and technological services, tumor testing and other fields, and establishing a R&D, production, marketing, sales and customer service system with international standards. With clinical needs as the core, based on independent research and development of innovative technologies, the company continues to develop products and services suitable for the characteristics of the Chinese population, and continuously upgrades and enriches the product pipeline and expands the application fields, while deepening the clinical application of next-generation sequencing, promoting the exploration of clinical transformation of long-read sequencing technology, and pressing the “going global” acceleration button with an international perspective.

Forward Looking Statements

This press release may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, including statements relating to the uses, coverage, advantages, and benefits or expected benefits of using, PacBio products or technologies, including related to the Vega system, such as its anticipated use by Berry Genomics to support its development of targeted assays to support carrier, prenatal, and newborn screening programs, and other long-read sequencing-based solutions for patients, in China and other countries in Asia; expectations Berry Genomics will purchase more than 50 Vega units, and obtain NMPA and applicable product registrations in other countries for products it develops based on Vega; expectations PacBio will leverage learnings in the Chinese clinical market to develop an instrument for clinical use in other geographies; expectations regarding the needs of small to medium-sized laboratories in China with respect to instrument footprint, cost and sample volumes; and other future events. You should not place undue reliance on forward-looking statements because they are subject to assumptions, risks, and uncertainties and could cause actual outcomes and results to differ materially from currently anticipated results, including, challenges inherent in developing, commercializing and seeking clinically-relevant registrations and approval for a new product, the difficulty of generating discoveries across various areas of research; potential delays in product development; potential performance and quality issues; third-party claims alleging infringement of patents and proprietary rights or seeking to invalidate PacBio’s patents or proprietary rights; and other risks associated with international operations. Additional factors that could materially affect actual results can be found in PacBio’s most recent filings with the Securities and Exchange Commission, including PacBio’s most recent reports on Forms 8-K, 10-K, and 10-Q, and include those listed under the caption “Risk Factors.” These forward-looking statements are based on current expectations and speak only as of the date hereof; except as required by law, PacBio disclaims any obligation to revise or update these forward-looking statements to reflect events or circumstances in the future, even if new information becomes available.

Contacts

For investors:
Todd Friedman, [email protected]

For media:
[email protected]



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MicroStrategy and STACKIT Form Strategic Partnership to Deliver a Sovereign Data Cloud for AI-Powered Business Intelligence

MicroStrategy and STACKIT Form Strategic Partnership to Deliver a Sovereign Data Cloud for AI-Powered Business Intelligence

Created in partnership with STACKIT, MicroStrategy Sovereign European Cloud enables the most highly regulated European businesses to leverage MicroStrategy’s cloud-native platform

TYSONS CORNER, Va.–(BUSINESS WIRE)–
MicroStrategy® Incorporated (Nasdaq: MSTR), a pioneer in AI-powered business intelligence, today announced the MicroStrategy Sovereign European Cloud, created in partnership with STACKIT, Schwarz Digits’ cloud and co-location provider. Now the most highly regulated European businesses can leverage the full power of MicroStrategy’s cloud-native AI/BI solution, MicroStrategy ONE®, to facilitate data-driven decision-making throughout their organizations, while ensuring compliance with local data sovereignty requirements.

STACKIT provides the highest level of EU security standards, while also complying with EU legal and GDPR requirements. The operations, technical and data processing infrastructure for MicroStrategy ONE on STACKIT are located in the EU, and customer data is hosted exclusively in Germany and Austria. STACKIT holds a wide array of international security certifications including ISO 27001, C5, ISAE 3000 (SOC 2) and ISAE 3402.

MicroStrategy ONE on STACKIT enables customers to take full advantage of MicroStrategy AI, a first-to-market solution for rapidly building AI applications on trusted data. The Auto™ AI bot enables end-users to access BI insights from within any application using natural language. Additionally, STACKIT customers can take advantage of a wide array of MicroStrategy ONE analytics tools integrated with AI-driven workflows to rapidly create and launch secure AI applications on a large scale.

“MicroStrategy ONE on STACKIT secures data sovereignty by providing a protected framework for customer data, which also enables our joint European customers to future-proof their investment in MicroStrategy,” said Bernie Wagner, CEO at STACKIT. “When it comes to analyzing data, the companies of Schwarz Group have been using MicroStrategy for years. The partnership between STACKIT and MicroStrategy is exactly the kind of innovation we were looking for as a next step.”

With MicroStrategy ONE and STACKIT, customers’ investments are future proofed with economic stability backed up by the companies of the Schwarz Group, one of the world’s largest retailers. MicroStrategy’s customers in Europe, which include government, healthcare and financial services organizations, can take full advantage of their data with insights from MicroStrategy ONE.

“Both STACKIT and MicroStrategy share a vision for independence and economic stability, reflected both in this partnership and in our corporate strategy,” said Phong Le, CEO of MicroStrategy. “European MicroStrategy customers can use the MicroStrategy Sovereign European Cloud confident that their data is secure, compliant and providing value to the business through the insights we provide.

For more information on MicroStrategy European Sovereign Cloud, visit https://www.microstrategy.com/partners/technology-partners.

About MicroStrategy Incorporated

MicroStrategy (Nasdaq: MSTR) is the world’s first and largest Bitcoin Treasury Company, and the largest independent, publicly traded business intelligence company. We provide cloud-native, AI-powered enterprise analytics software to thousands of global customers, and leverage 35 years of software expertise to explore innovation in Bitcoin applications. We believe the combination of our operating structure, Bitcoin strategy, and focus on technology innovation provides a unique opportunity for value creation.

MicroStrategy, MicroStrategy AI, MicroStrategy Auto, and MicroStrategy ONE are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

About STACKIT

The cloud and co-location provider STACKIT is part of Schwarz Group. External partners and customers in the DACH region can also rely on the cloud services that Schwarz Group companies have been benefiting from for years when it comes to digital transformation. With data sovereignty that goes far beyond the market standard and individual approaches to the implementation and operation of cloud solutions, STACKIT provides holistic support for digitalization projects. Headquartered in Neckarsulm, the team is paving the way for an independent Europe – digital, leading. STACKIT belongs to the IT and digital division of Schwarz Group, Schwarz Digits. www.stackit.de

About Schwarz Digits

Schwarz Digits is the IT and digital division of Schwarz Group. It offers compelling digital products and services that meet Germany’s high data protection standards. Schwarz Digits thus guarantees the greatest possible digital sovereignty. With this claim, Schwarz Digits provides the IT infrastructure and solutions for the extensive ecosystem of the companies of the Schwarz Group and develops it further for the future. Schwarz Digits creates optimal conditions for the development of trend-setting innovations for end customers, companies and public sector organizations. Schwarz Digits includes 7,500 employees of the brands Schwarz IT, Schwarz Digital, STACKIT, XM Cyber, Lidl e-commerce, Kaufland e-commerce, Schwarz Media and mmmake.

Jeff Miller

Market Street Group

541-207-6413

[email protected]

KEYWORDS: Virginia Germany Europe United States North America

INDUSTRY KEYWORDS: Technology Finance Fintech Professional Services Digital Cash Management/Digital Assets Software Cryptocurrency Data Management Artificial Intelligence

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Refinity, Innventure’s Newest Company, Acquires Exclusive Rights to Novel Technology for Advanced Recycling of Mixed Plastic Waste from VTT Technical Research Centre of Finland

Recently, Innventure and Dow announced plans to collaborate to develop and commercialize new waste-to-value technologies through Refinity.

ORLANDO, Fla. and ESPOO, Finland, Jan. 08, 2025 (GLOBE NEWSWIRE) — Refinity, the newest company launched by Innventure, Inc. (NASDAQ: INV), announced today the global licensing of rights from VTT Technical Research Centre of Finland for its proprietary fluidized bed advanced plastic waste conversion technology. Refinity plans to use the licensed technology to commercialize the cost-effective conversion of mixed plastic wastes to chemical precursors, required in all petrochemical production, to replace fossil feedstock used for the precursors.

Refinity will work with VTT to optimize the technology for conversion of different plastic waste feedstocks to sustainable chemicals that will replace fossil-derived chemicals. The work will focus on increasing yield of sustainable chemicals from plastic wastes that are not suitable for conventional thermochemical conversion or mechanical recycling and that are currently landfilled or incinerated. Refinity plans to scale up and deploy the technology in future commercial plastic waste-to-value conversion facilities.

VTT’s innovative technology transforms hard-to-recycle minimally sorted plastic waste directly into drop-in petrochemical raw materials, including olefins such as ethylene and propylene, and has been demonstrated at pilot scale. Compared to conventional thermochemical processes, the innovative process concept offers the conversion of mixed plastic waste into petrochemical precursors with higher yields and lower carbon dioxide emissions using easily scalable industrial process units. Refinity expects to integrate its manufacturing plants with existing petrochemical operations, unlocking economics needed to support scalability to reshape the recycling landscape.

Bill Grieco, who currently serves as Innventure’s Chief Technology Officer, will take the helm of Refinity as CEO. Grieco is an entrepreneur, innovator, and business leader who has spent the last 25 years leading R&D and commercialization organizations in the chemical, pharmaceutical, clean tech, and specialty materials industries. He holds a Ph.D. and Master’s degree from M.I.T., and a Bachelor’s degree from Georgia Tech, all in chemical engineering.

Adam Javan will join Refinity as COO. Javan is a Serial CXO for Innventure and is a seasoned executive with over 25 years of running businesses at blue chip companies as well as startups. Prior to Innventure, Javan served as Chief Strategy Officer of a biotech startup company, leading to a successful public offering in 2021. Javan has an MBA from the University of Michigan’s Ross School of Business and a Master’s degree in chemical engineering from the Royal Institute of Technology, Stockholm, Sweden.

“This is an important next step in the development and deployment of a differentiated waste conversion process globally,” said Bill Haskell, CEO of Innventure. “With their keen expertise and knowledge, I’m excited to see what Bill and Adam can achieve with Refinity and look forward to witnessing Refinity’s ongoing collaboration with VTT and Dow.”

“We are excited to collaborate with Refinity to commercialize our thermochemical conversion technology, delivering an economically viable waste-to-value solution for a sustainable future. This technology builds on decades of dedicated research and development at VTT. It is truly rewarding to see our innovations being implemented globally through this technology transfer,” said Tua Huomo, Executive Vice President of VTT.

About Innventure

Innventure (NASDAQ: INV) founds, funds, and operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations. As owner-operators, Innventure takes what it believes to be breakthrough technologies from early evaluation to scaled commercialization utilizing an approach designed to help mitigate risk as it builds disruptive companies it believes have the potential to achieve a target enterprise value of at least $1 billion. Innventure defines ‘‘disruptive’’ as innovations that have the ability to significantly change the way businesses, industries, markets and/or consumers operate.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements in this press release are “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Innventure’s (the “Company’s”) future financial or operating performance and may refer to projections and forecasts. Forward-looking statements are often identified by future or conditional words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “will,” “potential,” “predict,” “should,” “would” and other similar words and expressions (or the negative versions of such words or expressions), but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements are based on the current assumptions and expectations of future events that are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of this press release. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the parties) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described in the section entitled “Risk Factors” in the Form S-4, which was filed with and declared effective by the Securities and Exchange Commission in connection with the business combination completed by the Company on October 2, 2024 (the “Business Combination”), and those discussed and identified in other public filings made with the Securities and Exchange Commission by the Company and the following: (a) expectations regarding the Company’s and its subsidiaries’ strategies and future financial performance, including their respective future business plans, expansion and acquisition plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and the Company’s and its subsidiaries’ ability to invest in growth initiatives; (b) the implementation, market acceptance and success of the Company’s and its subsidiaries’ business models and growth strategies; (c) the Company’s and its subsidiaries’ future capital requirements and sources and uses of cash; (d) the Company’s ability to meet the various conditions, including performance targets, and access installments draws under is line of credit; (e) the Company’s ability to meet the various conditions and satisfy the various limitations under the Standby Equity Purchase Agreement with YA II PN, Ltd., including exchange caps, issuances and subscriptions based on trading volumes, to access the funds available under such agreement; (f) that the Company will have sufficient capital to operate as anticipated; (g) the Company’s ability to obtain funding for its operations and future growth; (h) developments and projections relating to the Company’s and its subsidiaries’ competitors and industry; (i) its subsidiaries’ ability to meet, and to continue to meet, applicable regulatory requirements for the use of their respective products and the numerous regulatory requirements generally applicable to their respective products and facilities; (j) the outcome of any legal proceedings that may be instituted against the Company; (k) the Company’s ability to find future opportunities to license or acquire breakthrough technology solutions from multinational corporations (“MNCs”) and to satisfy the requirements imposed by or to avoid disagreements with its current and future MNC partners; (l) the risk that the Company may be deemed an investment company under the Investment Company Act, which would impose burdensome compliance requirements and restrictions on its activities; (m) the Company’s ability to sufficiently protect the intellectual property rights of itself and its subsidiaries, and to avoid or resolve in a timely and cost-effective manner any disputes that may arise relating to its use of the intellectual property of third parties; (n) the risk of a cyber-attack or a failure of the Company’s information technology and data security infrastructure; (o) the ability to recognize the anticipated benefits of the Business Combination; (p) unexpected costs related to the Business Combination; (q) geopolitical risk and changes in applicable laws or regulations; (r) potential adverse effects of other economic, business, and/or competitive factors; and (s) operational risks related to the Company and its subsidiaries.

Except to the extent required by applicable law or regulation, the Company undertakes no obligation to update statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

About VTT Technical Research Centre of Finland Ltd

VTT is one of Europe’s leading research institutions and is owned by the Finnish state. VTT advances the utilization and commercialization of research and technology in commerce and society. Through scientific and technological means, the company turns large global challenges into sustainable growth for businesses and society, bringing together people, business, science and technology to solve the biggest challenges of our time. https://www.vttresearch.com/en

Media Contacts:
Laurie Steinberg, Solebury Strategic Communications
[email protected]

Satu Holm-Jumppanen
Communications Manager
[email protected] 
+358503054718



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WTW announces Hugo Wegbrans as Head of Corporate Risk and Broking Europe and Simon Delchar as Global Head of Placement

LONDON, Jan. 08, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced the appointment of Hugo Wegbrans as Head of Corporate Risk and Broking (CRB) Europe and Simon Delchar as Global Head of Placement, both reporting to Lucy Clarke, President, Risk and Broking.

Wegbrans joined WTW in 2021 as Head of Broking and has spearheaded the build and continued rollout of WTW’s Broking Platform worldwide, as well as managing the company’s global market relationships. Based in the Netherlands, he will now be responsible for WTW’s CRB operations throughout Western Europe. Wegbrans succeeds Anne Pullum in the CRB Europe role and on the global R&B leadership team.

Pullum will serve as co-lead of the WTW Corporate Development function, alongside CFO Andrew Krasner, central to driving forward WTW’s enterprise strategy, and continue as head of WTW’s European geography.

Delchar succeeds Wegbrans as Global Head of Placement for CRB, responsible for placement strategy and execution for CRB around the world. Based in London, Delchar joined WTW earlier last year as Head of Global Portfolio Placements and Head of Broking for GB. He was previously at Marsh, where he held various senior roles including UK and Ireland Head of Placement and Head of Marsh Specialty Asia.

Lucy Clarke, President Risk and Broking, commented, “Anne took on the leadership of CRB Europe in late 2021, at a time when the business was facing significant challenges. Under her guidance, CRB Europe not only stabilized but has achieved historical levels of success, delivering double-digit growth, impressive margin expansion and a major Transformation program that included the integration of our French business. Thanks to Anne’s leadership, CRB Europe has strong momentum as we enter 2025. I am confident Hugo will be able to further build on Anne’s success.

Hugo’s work with WTW’s Broking Platform has made it easier to service clients, giving them better information about their risks and efficient placement strategies, as well as improving our risk and analytics tools, resulting in better client insights, better market outcomes and greater efficiencies. Simon will continue to progress these digitization and automation efforts, as well as executing on our wider global placement initiatives, transforming our placement process and client service capabilities.”

About WTW

At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you. Learn more at wtwco.com.

Media contacts

Miles Russell: +44 (0) 7903262118

[email protected]



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1-800-FLOWERS.COM, Inc. to Release its Fiscal 2025 Second Quarter Results on Thursday, January 30, 2025

1-800-FLOWERS.COM, Inc. to Release its Fiscal 2025 Second Quarter Results on Thursday, January 30, 2025

JERICHO, N.Y.–(BUSINESS WIRE)–
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) (the “Company”),a leading provider of gifts designed to help inspire customers to give more, connect more, and build more and better relationships, today announced that the Company will release financial results for its fiscal 2025 second quarter on Thursday, January 30, 2025. The press release will be issued prior to market opening and will be followed by a conference call with members of senior management at 8:00 a.m. (ET).

The conference call will be available via live webcast from the Investors section of the Company’s website at www.1800flowersinc.com/investors. A recording of the call will be posted on the website within two hours of the call’s completion. A telephonic replay of the call can be accessed beginning at 2:00 p.m. (ET) on January 30, 2025, through February 6, 2025, at: (US) 1-877-344-7529; (Canada) 855-669-9658; (International) 1-412-317-0088; enter conference ID: #4981439.

Special Note Regarding Forward-Looking Statements:

Some of the statements contained in the Company’s scheduled Thursday, January 30, 2025, press release and conference call regarding its results for its fiscal 2025 second quarter, other than statements of historical fact, may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. For a more detailed description of these and other risk factors, please refer to the Company’s SEC filings including its Annual Reports and Forms 10K and 10Q available at the Investor Relations section of the Company’s website at 1800flowersinc.com. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in the scheduled conference call and any recordings thereof, or in any of its SEC filings, except as may be otherwise stated by the Company.

About 1-800-FLOWERS.COM, Inc.

1-800-FLOWERS.COM, Inc. is a leading provider of gifts designed to help inspire customers to give more, connect more, and build more and better relationships. The Company’s e-commerce business platform features an all-star family of brands, including: 1-800-Flowers.com®, 1-800-Baskets.com®, Cheryl’s Cookies®, Harry & David®, PersonalizationMall.com®, Shari’s Berries®, FruitBouquets.com®, Things Remembered®, Moose Munch®, The Popcorn Factory®, Wolferman’s Bakery®, Vital Choice®, Simply Chocolate® and Scharffen Berger®. Through the Celebrations Passport® loyalty program, which provides members with free standard shipping and no service charge on eligible products across our portfolio of brands, 1-800-FLOWERS.COM, Inc. strives to deepen relationships with customers. The Company also operates BloomNet®, an international floral and gift industry service provider offering a broad-range of products and services designed to help members grow their businesses profitably; Napco℠, a resource for floral gifts and seasonal décor; DesignPac Gifts, LLC, a manufacturer of gift baskets and towers; Alice’s Table®, a lifestyle business offering fully digital livestreaming and on demand floral, culinary and other experiences to guests across the country; and Card Isle®, an e-commerce greeting card service. 1-800-FLOWERS.COM, Inc. was recognized among America’s Most Trustworthy Companies by Newsweek. 1-800-FLOWERS.COM, Inc. was also recognized as one of America’s Most Admired Workplaces for 2025 by Newsweek and was named to the Fortune 1000 list in 2022. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol: FLWS. For more information, visit 1800flowersinc.com.

FLWS-COMP

FLWS-FN

Investor Contact:

Andy Milevoj

[email protected]

Media Contact:

Cherie Gallarello

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Luxury Women Men Specialty Catalog Food/Beverage Consumer Retail Online Retail

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Red Cat Secures FAA Authorization to Fly Drones Without Remote ID for Aeronautical Research

SAN JUAN, Puerto Rico, Jan. 08, 2025 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced it has received authorization from the Federal Aviation Administration (FAA) to operate unmanned aircraft systems (UAS) in U.S. airspace without broadcasting Remote Identification (Remote ID) information, specifically for the purpose of aeronautical research.

“This authorization highlights Red Cat’s commitment as an industry leader to work closely with the FAA on drone requirements and operations in the national airspace system,” said Jeff Thompson, Red Cat CEO. “We are proud to be among the first companies in the United States authorized to conduct research operations without broadcasting Remote ID. This will help accelerate the testing and development of safe and effective drone solutions that support warfighters globally.”

This authorization reinforces Red Cat’s ongoing collaboration with the FAA to shape the future of drone operations in the National Airspace System (NAS). Issued under Title 14 Code of Federal Regulations (14 CFR) § 89.120, the approval allows Red Cat to advance aeronautical research while adhering to strict operational and safety requirements.

Key Highlights of the FAA Authorization

  • Purpose-Built for Research: The authorization allows Red Cat to conduct aeronautical research in controlled conditions, exempt from Remote ID broadcasting requirements.
  • Strict Safety and Compliance: Red Cat must file Notice to Air Missions (NOTAMs) 24 to 72 hours before operations and adhere to all applicable airspace rules and protocols.
  • Long-Term Authorization: Effective immediately, the approval remains valid through January 31, 2028, barring earlier rescission or extension.

Remote ID regulations, often referred to as a “digital license plate” for drones, play a vital role in enhancing safety and security in the NAS. Red Cat’s authorization to operate drones without broadcasting Remote ID will provide valuable data and insights that may inform future FAA policies and the development of drone technologies.

About Red Cat Holdings, Inc.

Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Through two wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat has developed a Family of Systems. This includes the Black Widow™, a small unmanned ISR system that was awarded the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record contract. The Family of Systems also includes TRICHON™, a fixed wing VTOL for extended endurance and range, and FANG™, the industry’s first line of NDAA compliant FPV drones optimized for military operations with precision strike capabilities. Learn more atwww.redcat.red.

Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Form 10-K filed with the Securities and Exchange Commission on July 27, 2023. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.

Contact:

INVESTORS:
E-mail: [email protected] 

NEWS MEDIA:
Phone: (347) 880-2895
Email: [email protected]



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The College for Financial Planning®—a Kaplan Company Joins the CFA Institute University Affiliation Program

The College for Financial Planning®—a Kaplan Company Joins the CFA Institute University Affiliation Program

CENTENNIAL, Colo.–(BUSINESS WIRE)–
The College for Financial Planning—a Kaplan Company, which is accredited by the Higher Learning Commission, has become the latest institution of higher learning to join the ranks of the CFA Institute University Affiliation Program. The CFFP’s Master’s of Science in Financial Analysis program has been acknowledged as incorporating at least 70 percent of the CFA Program curriculum and placing emphasis on the CFA Institute Code of Ethics and Standards of Professional Conduct within the program. The program positions students to obtain the Chartered Financial Analyst (CFA®) charter, which has become the most respected and recognized investment credential in the world, according to the CFA Institute. And of the more than 15,000 business programs in the world, only about 800 are approved by CFA Institute.

The CFFP’s Master’s of Science in Financial Analysis online program is dedicated to the advanced study of financial analysis and to developing financial analysis professionals through higher learning and quality student experiences, focusing on critical thinking, ethics, and lifelong learning. The graduate degree program helps develop students’ skills as highly competent financial analysis professionals.

“We are incredibly excited to join the CFA Institute University Affiliation Program. Our Master of Science in Financial Analysis curriculum is designed to develop students’ skills for success as financial analysis professionals, and we are proud that our program is recognized for covering at least 70 percent of the Candidate Body of Knowledge defined for CFA Program examinations,” said Dirk Pantone, president of the College. “Our program not only enables students to earn a master’s degree, but at the same time prepares them to achieve the industry’s most respected financial certifications.”

Students will also have access to Kaplan Schweser review materials, after successfully completing 15 of the 30 credit hours in the online Master of Science in Financial Analysis program. This access as part of the MSFA program will continue even upon graduation from the master’s program, providing them with additional strong support for the CFA exam.

Through participation in this program, CFFP is also eligible to receive a limited number of CFA Program Student Scholarships each year.

Contact Russell Schaffer at [email protected] for more information.

About the College for Financial Planning®—a Kaplan Company

Founded in 1972, the College for Financial Planning®—A Kaplan Company provides accessible and flexible degree, non-degree, and continuing professional education programs to students nationwide. Shortly after its founding, the College introduced the CERTIFIED FINANCIAL PLANNER™ certification, which is now the world’s most recognized and respected financial planning credential with more than 100,000 certified professionals. The College for Financial Planning is accredited by the Higher Learning Commission and is a member of the North Central Association. More than 200,000 students have graduated from the College’s programs. For more information, visit www.cffp.edu.

About CFA Institute

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Our aim is to create an environment where investors’ interests come first, markets function at their best, and economies grow. There are more than 200,000 CFA charterholders worldwide in 164 markets. CFA Institute has nine offices worldwide and there are 160+ CFA Societies. For more information, visit www.cfainstitute.org or follow us on X at @CFAInstitute and on Facebook.com/CFAInstitute.

Note to editors: Kaplan is a subsidiary of Graham Holdings Company (NYSE: GHC)

Press: Russell Schaffer, [email protected]

KEYWORDS: Colorado United States North America

INDUSTRY KEYWORDS: Professional Services Education Finance Continuing University Training Accounting

MEDIA:

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Wearable Devices and RayNeo to Unveil Transformative Gesture-Controlled AR Glasses Powered by Mudra Neural Wristband and Snapdragon XR Platform at CES®

Yokneam Illit, Israel, Jan. 08, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) and RayNeo™ today announced their groundbreaking collaboration to redefine the augmented reality (“AR”) experience with the debut of the RayNeo™ X3 Pro glasses, pre-bundled with Wearable Devices’ Mudra® neural input wristband. The glasses are powered by the Snapdragon® AR1 Gen 1 Platform from Qualcomm Technologies, Inc. This ecosystem collaboration sets a new standard for intuitive and immersive AR interaction.

Wearable Devices’ Mudra® technology transforms AR interactions with RayNeo™ by utilizing highly accurate neural-input wristbands for gesture tracking. This advancement does not require line-of-sight gestures, reducing device weight and power consumption, and enabling more compact and fashionable designs. With Mudra® technology, RayNeo™ users can control their AR experience through subtle, familiar gestures, enjoying enhanced functionality and comfort.

The co-branded new AR glasses, bearing the label “Powered by Mudra® Technology,” will be showcased at the RayNeo™ booth (#17704) and Wearable Devices’ booth (#15758) in the Las Vegas Convention Center’s Central Hall at CES® 2025. 

Offir Remez, Executive VP of Wearable Devices, stated, “Our collaboration with RayNeo™ marks a significant milestone in the evolution of augmented reality. Mudra’s® wrist neural technology enables intuitive and seamless interaction with RayNeo™ glasses to provide users with the next-level professional AR experience.”

“This collaboration marks a significant leap in AR technology, bringing together neural input innovation and advanced AR design,” said Howie Li, Chief Executive Officer of RayNeo™. “The RayNeo™ X3 Pro glasses and Mudra neural wristband deliver an intuitive, seamless AR experience, redefining how users interact with the digital world.”

Sahil Bansal, Senior Director, Product Management at Qualcomm Technologies, Inc., stated: “With the growing popularity of smart glasses, we’re excited to see innovation like Wearable Devices’ Mudra® wristband that allows users to intuitively navigate display enabled AR devices. This new technology is a great companion for RayNeo’s™ new glasses powered by Snapdragon AR1 Gen 1.”

Features of Wearable Devices’ Mudra® technology Include:

  • Intuitive Gesture Control: With advanced neural interface technology, Mudra® technology captures a user’s hand movement intents and translates them into touchless digital commands.
  • Customizable Gestures: Users can personalize Mudra® gestures for their favorite apps, giving them total control over their digital life. It enables the mapping of gestures to specific commands to create customized interactions.
  • Compatible with Everything: Whether using iOS, Android, Windows, or macOS, Mudra® technology works across platforms, opening up new possibilities for gaming, smart home automation, and even professional tasks.

CES® attendees are invited to experience the bundled product in action and discuss its implications for the AR ecosystem with Wearable Devices and RayNeo™ executives.

About Wearable Devices Ltd.

Wearable Devices Ltd. is a pioneering growth company revolutionizing human-computer interaction through its AI-powered neural input technology for both consumer and business markets. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s innovative products, including the Mudra® Band for iOS and Mudra® technology for Android, enable seamless, touch-free interaction by transforming subtle finger and wrist movements into intuitive controls. These groundbreaking solutions enhance gaming, and the rapidly expanding AR/VR/XR landscapes. The Company offers a dual-channel business model: direct-to-consumer sales and enterprise licensing. Its flagship Mudra® Band integrates functional and stylish design with cutting-edge AI to empower consumers, while its enterprise solutions provide businesses with the tools to deliver immersive and interactive experiences. By setting the input standard for the XR market, Wearable Devices is redefining user experiences and driving innovation in one of the fastest-growing tech sectors. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq under the symbols “WLDS” and “WLDSW,” respectively.

About RayNeo

RayNeo™ is a leading brand in the AR space, dedicated to redefining augmented reality through groundbreaking technology and wearable innovation. Initially incubated within TCL, RayNeo™ develops AR glasses that seamlessly integrate into everyday life, delivering immersive and intuitive experiences. By combining cutting-edge design with advanced technologies, RayNeo™ empowers users to explore and interact with the digital world like never before. Committed to shaping the future of AR, RayNeo™ drives innovation through collaboration and a user-first approach.

Snapdragon branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Snapdragon is a trademark or registered trademark of Qualcomm Incorporated.

Forward-Looking Statements Disclaimer

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss our plans to attend the 2025 CES, the benefits and advantages of the RayNeo™ X3 Pro glasses and Mudra® neural wristband and our collaboration with RayNeo, our ability to provide users with the next-level professional AR experience and the potential of neural gesture control to redefine how users interact with the digital world. Mudra®  technology’s ability to expand our market reach and reinforce our role as pioneers in redefining human-machine interaction. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2023, filed on March 15, 2024 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Relations Contact:

Michal Efraty
[email protected]

Media Contact:

Steve Schuster
Rainier Communications
[email protected]
+1-508-868-5892

Mudra® is a registered trademark of Wearable Devices Ltd.
RayNeo™ is a trademark of Falcon Innovations Technology (Shenzhen) Co., Ltd. 
Qualcomm® and Snapdragon® are registered trademarks of Qualcomm® Incorporated
CES® is a registered trademark of the Consumer Technology Association



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DatChat, Inc. Announces Pricing of $5.1 Million Registered Direct Offering Priced At-The Market Under Nasdaq Rules

New Brunswick, NJ, Jan. 08, 2025 (GLOBE NEWSWIRE) — DatChat, Inc. (Nasdaq: DATS) (“DatChat” or the “Company”), a secure messaging, social media, and metaverse company, today announced that it has entered into securities purchase agreements with certain institutional investors for the purchase and sale of an aggregate of 1,200,000 shares of common stock at a purchase price of $4.25 per share in a registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to close on or about January 10, 2025, subject to the satisfaction of customary closing conditions.

The Benchmark Company, LLC is acting as the sole placement agent for the offering.

The gross proceeds from the offering are expected to be approximately $5.1 million, prior to deducting offering expenses payable by DatChat. DatChat intends to use the net proceeds from the offering for working capital and general corporate expenses.

The securities were offered by the Company pursuant to an effective “shelf” registration statement on Form S-3 (File No. 333-268058), which was filed with the U.S. Securities and Exchange Commission (“SEC”) on October 28, 2022, as amended on November 18, 2022, and declared effective by the SEC on December 6, 2022, and the accompanying prospectus contained therein.

A prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, by contacting The Benchmark Company, LLC, 150 East 58th Street, 17th Floor, New York, NY 10155, by email at [email protected], or by calling +1 (212)-312-6700. Before investing in this offering, interested parties should read in their entirety the final prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such final prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About DatChat, Inc.

DatChat, Inc. is a secure messaging, metaverse, and social media company that not only focuses on protecting privacy on personal devices, but also protects user information after it is shared with others. The DatChat Messenger & Private Social Network presents technology that allows users to change how long their messages can be viewed before or after users send them, prevents screenshots, and hides encrypted photos in plain sight on camera rolls. DatChat’s patented technology offers users a traditional texting experience while providing control and security for their messages. With the DatChat Messenger, a user can decide how long their messages last on a recipient’s device, while feeling secure that at any time, they can delete individual messages or entire message threads, making it like the conversation never happened.

Notice Regarding Forward-Looking Statements

The information contained herein includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “may,” “will,” “should,” “would,” “expect,” “plan,” “believe,” “intend,” “look forward,” and other similar expressions among others. These statements relate to future events or to the Company’s future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company’s control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to the Company’s operations, results of operations, growth strategy and liquidity. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Investors and security holders are urged to read these documents free of charge on the SEC’s website at http://www.sec.gov. Except as may be required by applicable law, The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:


[email protected]


800-658-8081