Market Newsdesk

BEIJING, April 4, 2022 /PRNewswire/ — RISE Education Cayman Ltd (“RISE” or the “Company”) (NASDAQ: REDU) today announced that it will hold an extraordinary general meeting of shareholders (the “EGM”) at Room 101, Jia He Guo Xin Mansion, No. 15 Baiqiao Street Guangqumennei, Dongcheng District, Beijing 100062, People’s Republic of China, on Friday, April 29, 2022 at 10:00 a.m. (China Standard Time), for the purposes of considering and, if thought fit, approving the transactions contemplated in the Agreement and Plan of Merger (the “Merger Agreement”), dated February 8, 2022, pursuant to which the shareholders of Dada Auto Inc. (“NaaS”) will exchange all of the issued and outstanding share capital of NaaS for newly issued shares of the Company in a transaction exempt from the registration requirements under the Securities Act of 1933 (the “Transaction”). The Transaction, which was previously announced on February 8, 2022, will upon consummation result in NaaS becoming a wholly owned subsidiary of the Company.

Shareholders of the Company will also be asked to consider and vote on certain additional Transaction-related proposals at the EGM, including

1. change of the name of the Company from “RISE Education Cayman Ltd” to “NaaS Technology Inc.”, effective immediately prior to the consummation of the Transaction;
2. increase and re-designation of the authorized share capital of the Company, effective immediately prior to the consummation of the Transaction, such that following such changes, the authorized share capital of the Company will be US$25,000,000 divided into (i) 700,000,000 Class A ordinary shares of US$0.01 each; (ii) 300,000,000 Class B ordinary shares of US$0.01 each; (iii) 1,400,000,000 Class C ordinary shares of US$0.01 each and (iv) 100,000,000 shares as such class or series (however designated) as the board of directors of the Company may determine in accordance with the memorandum and articles of association of the Company; and
3. amendment and restatement of the amended and restated memorandum and article of association of the Company, effective immediately prior to the consummation of the Transaction.

Holders of record of ordinary shares of the Company at the close of business in the Cayman Islands on April 11, 2022 are entitled to notice of, and to vote at, the EGM or any adjournment thereof. Holders of the Company’s American depositary shares (“ADSs”) at the close of business in New York City on April 4, 2022 are entitled to exercise their voting rights for the underlying ordinary shares and must act through the depositary of the Company’s ADS program, JP Morgan Chase Bank, N.A.

The notice of the EGM, which contains the detailed proposals to be presented at the EGM, and the proxy statement related to the EGM, are being filed today with the U.S. Securities and Exchange Commission (“SEC”) and can be obtained without charge from the SEC’s website (http://www.sec.gov). These documents are also available in the “Investors” section of RISE’s corporate website at https://ir.risecenter.com/. In addition, the proxy materials (including the proxy statement) will be mailed to the Company’s shareholders and holders of ADSs.

SHAREHOLDERS AND ADS HOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THESE MATERIALS AND OTHER MATERIALS FILED WITH OR FURNISHED TO THE SEC WHEN THEY BECOME AVAILABLE, AS THEY CONTAIN VOTING INSTRUCTIONS AND IMPORTANT INFORMATION ABOUT THE COMPANY, NAAS, THE TRANSACTION AND RELATED MATTERS.

This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the transactions described above and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of NaaS or the Company, nor shall there be any sale of any such 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 such state or jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the transactions described above and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of NaaS or the Company, nor shall there be any sale of any such 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 such state or jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

Forward-Looking Statements

This press release contains certain “forward-looking statements.” These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the pending transactions described herein, and the parties’ perspectives and expectations, are forward-looking statements. Such statements include, but are not limited to, statements regarding the business combination, including the equity values, the benefits of the business combination, expected revenue opportunities, anticipated future financial and operating performance and results, including estimates for growth, the expected management and governance of the combined company, and the expected timing of the transactions. The words “will,” “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward- looking statements.

Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: (i) risks related to the expected timing and likelihood of completion of the business combination, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived, such as regulatory approvals not being obtained, on a timely basis or otherwise, or that a governmental entity prohibited, delayed or refused to grant approval for the consummation of the transaction or required certain conditions, limitations or restrictions in connection with such approvals; (ii) the occurrence of any event, change or other circumstances that could give rise to the termination of the applicable transaction agreements; (iii) the risk that there may be a material adverse change with respect to the financial position, performance, operations or prospects of the Company or NaaS; (iv) risks related to disruption of management time from ongoing business operations due to the business combination; (v) the risk that any announcements relating to the business combination could have adverse effects on the market price of the Company’s securities; (vi) the risk that the business combination and its announcement could have an adverse effect on the ability of NaaS to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; (vii) any changes in the business or operating prospects of NaaS or its businesses; (viii) changes in applicable laws and regulations; and (ix) risks relating to the combined company’s ability to enhance its services and products, execute its business strategy, expand its customer base and maintain stable relationship with its business partners.

A further list and description of risks and uncertainties can be found in the proxy statement that will be filed with the SEC by the Company in connection with the business combinations, and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and NaaS, the Company and their subsidiaries and affiliates undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Additional Information and Where to Find It

The Company will file with the SEC and mail to its shareholders a proxy statement in connection with the business combination. Investors and security holders are urged to read the proxy statement when it becomes available because it will contain important information regarding the proposed arrangement. You may access the proxy statement (when available) and other related documents filed by the Company with the SEC at the SEC’s website at www.sec.gov. You also may obtain the proxy statement (when it is available) and other documents filed by the Company with the SEC relating to the proposed arrangement for free by accessing the Company’s website at en.risecenter.com by clicking on the link for “Investors”, then clicking on the link for “Featured Documents.”

View original content:https://www.prnewswire.com/news-releases/rise-education-to-hold-extraordinary-general-meeting-of-shareholders-on-april-29-2022-301516860.html

SOURCE RISE Education Cayman Ltd

TriEagle Simple Savings Plus A/C Care^SM offers proactive HVAC maintenance with price-protected electricity rates

IRVING, Texas
, April 4, 2022 /PRNewswire/ — TriEagle Energy is offering customers peace of mind and savings during the hottest and coldest months of the year with TriEagle Simple Savings Plus A/C Care^SM. The new plan gives customers a competitive, price-protected rate for the electricity they use, plus one free A/C and one free heater tune-up every year. With a properly running HVAC system, customers can save up to 30% on heating and cooling costs during Texas’ most extreme seasons.

“As we’ve all been reminded, summer – and winter – can bring unpredictable and extreme weather to Texas which makes a reliable heating and cooling system a necessity,” said Sam Sen, vice president TriEagle Energy solutions. “We want our customers entering these seasons with the peace of mind that comes with a routine, scheduled A/C or heater checkup – knowing their systems are running efficiently and that they’re maximizing on overall savings.”

TriEagle Simple Savings Plus A/C Care^SM provides maintenance from Service Experts Heating, Air Conditioning and Plumbing, a leading heating and cooling system service provider across the US and Canada. Each tune-up comes with 24/7 priority scheduling with their certified technicians and includes a comprehensive cleaning, examination, and a home health report on each visit. Customers also receive a 15% discount on any necessary repairs.

“In today’s busy world, it’s easy to forget about routine maintenance. But this crucial step can prevent costly repairs at the most inconvenient times of the year,” Sen added. “Our TriEagle customers can feel comfortable in their homes knowing their HVAC units are in top shape from technicians they can trust.”

About TriEagle Energy

TriEagle Energy is a Texas-based retail energy provider offering electricity service to residential and commercial customers. With innovative products, outstanding customer service, and transparent pricing, thousands have entrusted their power needs to TriEagle since 2003. TriEagle is a Better Business Bureau Accredited Business and an active member of the Retail Energy Supply Association (RESA). Visit trieagleenergy.com and vistracorp.com for additional information. TriEagle Energy is a subsidiary of Vistra (NYSE: VST). REP #10064

View original content:https://www.prnewswire.com/news-releases/new-trieagle-energy-plan-helps-texans-save-with-free-ac-and-heater-tune-ups-301516858.html

SOURCE TriEagle Energy

HAIKOU, China
, April 4, 2022 /PRNewswire/ — JX Luxventure Limited (Nasdaq: LLL) (the “Company”), a service provider delivering comprehensive solutions to global elite families with business segments covering menswear, cross-border merchandise, airfare and tourism, announced today that, on March 31, 2022,  Jin Xuan Luxury Tourism (Hainan) Digital Technology Co., Ltd. (“JX Hainan”), a subsidiary of the Company, entered into and executed a Framework Agreement on Strategic Cooperation (the “Agreement”) with Ragdoll International Trading Co., Ltd. (“Ragdoll”), an E-commerce platform operator.  Pursuant to the Agreement, Ragdoll will purchase from JX Hainan cross-border pet foods in the amount of up to USD30,000,000 to be distributed on the platforms operated by Ragdoll.  

Ms. Sun “Ice” Lei, Chief Executive Officer of the Company commented: “This is the second major pet food contract signed by Luxventure this month.  Pet food is a new product category for the Company, and China’s pet food market is valued at approximately USD1,200,000,000.  The two pet food contracts signed this month with the total value of USD90,000,000 affirmed the management’s decision to enter this product category.”

About JX Luxventure Limited

Headquartered in Haikou, China, JX Luxventure Limited is a service provider delivering comprehensive solutions to global elite families. Its business segments cover menswear, cross-border merchandise, airfare, and tourism. To learn more about the Company, please visit its corporate website at en.jxluxventure.com.

Safe Harbor Statement

This press release may contain certain “forward-looking statements” relating to the business of JX Luxventure Limited, and its subsidiary companies. All statements, other than statements of historical fact included herein, are “forward-looking statements” in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements due to a variety of factors, including those discussed in the Company’s periodic reports filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

View original content:https://www.prnewswire.com/news-releases/jx-luxventure-signs-usd30-000-000-3x-2020-revenue-sales-agreement-301516325.html

SOURCE JX Luxventure Limited

Charter’s $30 Million Philanthropic Program will Invest in 100 Community Centers and Local Job Training Programs over Five Years

New Community Investments Aimed at Rural Areas, including Missoula, MT, and Somerset County, ME, and Cities including Dallas, Milwaukee and New York

STAMFORD, Conn.
, April 4, 2022 /PRNewswire/ — Charter Communications, Inc. today announced it will launch Spectrum Community Assist programs in 20 new markets this year, adding momentum to the company’s $30 million, five-year philanthropic initiative to revitalize 100 community centers and invest in job training programs in underserved communities across its 41-state footprint.

Charter launched Spectrum Community Assist last fall with rebuilding events in St. Louis, Charlotte, Orlando, South Glens Falls, NY, and Stamford. In 2022, the company will significantly grow the program’s reach with revitalization projects and support for job training in markets located in 14 states. Areas targeted for Spectrum Community Assist investment include rural programs in Missoula, MT; Kearney, NE; Oconee County, SC; and Somerset County, ME; and community centers in urban locations including Dallas, Denver, Los Angeles, Milwaukee and New York, among others.

“There is an acute need in underserved neighborhoods nationwide for the career development and social support that local community centers provide,” said Rhonda Crichlow, Senior Vice President and Chief Diversity Officer for Charter. “Charter is committed to investing in the communities we serve, and Spectrum Community Assist will make a difference by directly supporting centers and organizations that provide critical services to help local residents build the skills that will enable them to improve their financial condition and increase the economic impact on the community.”

Charter has partnered with national nonprofit organization Jobs for the Future (JFF) to identify community centers in the areas selected for Spectrum Community Assist programs. Charter will invest in each center’s job training efforts with cash grants and in-kind contributions, improve physical classroom spaces and provide new equipment, including laptops and furniture. Additionally, because broadband is a critical component of a community center’s infrastructure, Charter will offer each community center its advanced 1 gigabit internet service. Finally, Charter will sponsor revitalization events with employee and community volunteers to repair and enhance the physical buildings.

Spectrum Community Assist 2022 Markets

CALIFORNIA: Antelope Valley, Los Angeles, Salinas
COLORADO: Denver
FLORIDA: Palm Coast
HAWAII: Oahu
MAINE: Somerset County
MINNESOTA: Duluth
MONTANA: Missoula
NEBRASKA: Kearney
NEW YORK: Buffalo, New York City
NORTH CAROLINA: Fayetteville
OHIO: Cleveland, Columbus
SOUTH CAROLINA: Bamberg, Oconee County
TEXAS: Dallas, San Antonio
WISCONSIN: Milwaukee

More information on Charter’s philanthropic initiatives, including Spectrum Community Assist, is available here.

About Charter
Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and cable operator serving more than 32 million customers in 41 states through its Spectrum brand. Over an advanced communications network, the company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.

For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The company also distributes award-winning news coverage, sports and high-quality original programming to its customers through Spectrum Networks and Spectrum Originals. More information about Charter can be found at corporate.charter.com.

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SOURCE Charter Communications, Inc.

Updated ingredients, packaging and process further reduce environmental impact and drive Kellogg’s Better Days commitment forward

BATTLE CREEK, Mich.
, April 4, 2022 /PRNewswire/ — MorningStar Farms® is expanding its current sustainability efforts this year with plans to roll out new recycle-ready packaging for select products, begin sourcing 100 percent Renewable Electricity and utilize a new plant-based soy ingredient from Benson Hill® that will reduce the brand’s impacts on the environment. These efforts are part of Kellogg’s Better Days commitment, which aims to create better days for 3 billion people by the end of 2030, by addressing the interconnected issues of wellbeing, hunger relief and climate resiliency.

MorningStar Farms® new recycle-ready packaging for foods in flexible plastic bags will allow consumers to recycle clean and dry bags at retailers that participate in a store drop-off collection. Currently, MorningStar Farms® Incogmeato® rigid plastic trays and MorningStar Farms® foods in paperboard boxes are recycle-ready at curbside in participating communities. The new packaging will appear in stores later this year.

Additionally, MorningStar Farms® has announced plans to begin sourcing 100 percent Renewable Electricity this year through a Virtual Power Purchase Agreement, as well as an investment in Renewable Energy Credits.

“Our dedication and willingness to push boundaries on the sustainability front is something we take pride in,” said Sara Young, general manager of plant-based proteins at Kellogg. “We’ve made it our mission to make plant-based foods that are both good for consumers and the planet. It’s become a core principle of our brand and having that as a driver we think truly distinguishes us from other players in the space.”

The brand has also partnered with Benson Hill®, an innovator in plant-based proteins. Benson Hill® has developed varieties of ultra-high protein soybeans that deliver at least 20 percent more protein right out of the ground compared to commodity U.S. soybeans. Through its partnership, MorningStar Farms® can incorporate Benson Hill soy ingredients that require as much as 70 percent less water and 50 percent less CO2e through the elimination of a traditional soy processing step¹.

MorningStar Farms® and Benson Hill® are committed to making plant-based eating accessible and environmentally responsible. Benson Hill® ingredients meet all the quality and functionality standards of MorningStar Farms® food with the unique benefit of sustainable sourcing through Benson Hill®’s work with farmers and manufacturers.

“Our products are unique in that they deliver sustainability benefits from farm to ingredient,” says Bruce Bennett, President of Benson Hill’s Ingredient Business. “We’re about providing all parties with the tools and resources they need to unlock the potential for holistically better food. Knowing MorningStar Farms® is a key player in the plant-based food industry, we’re looking forward to working together to make a significant impact.”

For more than 40 years, MorningStar Farms® has delivered great-tasting food for anyone looking to integrate more plant-based meals into their lives, in whatever way is right for them – whether that means at breakfast, lunch and dinner every day, or just a few times a week. With a wide variety of food across the MorningStar Farms® portfolio, they offer easy to love plant-based options how, where, and when consumers want them. To learn more visit MorningStarFarms.com and follow @morningstarfarms on Facebook and Instagram and @MorningStrFarms on Twitter.

About Benson Hill

Benson Hill (NYSE: BHIL), moves food forward with the CropOS® platform, a cutting-edge food innovation engine that combines data science and machine learning with biology and genetics. Benson Hill empowers innovators to unlock nature’s genetic diversity from plant to plate, with the purpose of creating nutritious, great-tasting food and ingredient options that are both widely accessible and sustainable. More information can be found at bensonhill.com or on Twitter at @bensonhillinc.

About Kellogg Company   
At Kellogg Company (NYSE: K), our vision is a good and just world where people are not just fed but fulfilled. We are creating better days and a place at the table for everyone through our trusted food brands. Our beloved brands include Pringles®, Cheez-It®, Special K®, Kellogg’s Frosted Flakes®, Pop-Tarts®, Kellogg’s Corn Flakes®, Rice Krispies®, Eggo®, Mini-Wheats®, Kashi®, RXBAR®, MorningStar Farms® and more. Net sales in 2021 were nearly $14.2 billion, comprised principally of snacks as well as convenience foods like cereal, frozen foods and noodles. As part of our Kellogg’s® Better Days ESG strategy, we’re addressing the interconnected issues of wellbeing, climate and food security, creating Better Days for 3 billion people by the end of 2030. Visit www.KelloggCompany.com.

¹ Compared to commodity soy protein concentrate on a per kilogram of protein basis, based on preliminary Life Cycle Assessment results conducted by Blonk Consultants with the Agri-Footprint database (April 2021).

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SOURCE Kellogg Company

Concert Series returns for the first time since the inaugural event in 2019

TORONTO
, April 4, 2022 /CNW/ – RBC is pleased to announce the return of the RBCxMusic Concert Series at the 2022 RBC Canadian Open, featuring headlining performances by three-time Grammy Award-winning pop rock band Maroon 5 and hip-hop icon Flo Rida.

RBC, along with its partners Live Nation Canada and Golf Canada, looks forward to the return of the RBCxMusic Concert Series. Building on the success of the inaugural event held in 2019, which saw sold out performances from headliners Florida Georgia Line and The Glorious Sons, this year’s tournament once again promises an unforgettable experience for golf and music fans alike. The concert series, which was first introduced to attract new, younger fans to the sport of golf, is a celebration of the return of live music in Canada.

The concerts will take place near the iconic St. George’s Golf and Country Club on the athletic field of Toronto’s Richview Collegiate Institute and will feature performances on both the Friday and Saturday evenings of tournament week.

Canadians will have the opportunity to see Flo Rida live in concert at the RBC Canadian Open on Friday, June 10, 2022.

“I can’t wait to return to Toronto this year,” said Flo Rida. “I love performing for my Canadian fans and I’m excited to kick off the summer with them.”

In addition, Maroon 5 will close the Concert Series with a headlining performance on Saturday, June 11, 2022.

“We are excited to announce the return of the RBCxMusic Concert Series, and we look forward to welcoming world-renowned artists Maroon 5 and Flo Rida to Canada,” said Mary DePaoli, Executive Vice President and Chief Marketing Officer, RBC. “We introduced the concert series in 2019, with the idea to create an unforgettable fan experience for golf and music fans alike. The result was our most successful RBC Canadian Open to date and we are eager to build on that early momentum with the return of the tournament this year.”

“We are thrilled to be bringing even more live music back to Canadians in 2022,” said Wayne Zronik, President Live Nation Canada. “RBC has been a committed partner to us, and it’s great to work together again on the Concert Series while supporting the growth of music in Canada through its program First Up with RBCxMusic, dedicated to helping emerging artists with performance, mentorship and networking opportunities.”

“Golf Canada is thrilled that RBC will continue to integrate the RBCxMusic platform within the RBC Canadian Open, offering fans the unique opportunity to see both world class golf and world class music at Canada’s National Championship,” said Golf Canada Chief Commercial Officer John Sibley. “The Concert Series was an overwhelming success in 2019 and will once again attract new fans to experience the energy and excitement of the RBC Canadian Open.”

In addition to must-see music performances, fans can expect exciting spectator experiences, including a dedicated food and beverage area—the Recipe Unlimited Fare Way, and the return of The Rink on the 16^th hole, awarded 2018 best-in-class element by the PGA TOUR.

Exclusively for RBC clients and new for 2022, an allotment of RBCxMusic Tickets are now available for purchase on Ticketmaster. With the purchase of every RBCxMusic Ticket, RBC clients will receive a $10 Concert Cash^® code, redeemable towards a future concert ticket purchase.

RBCxMusic Tickets are only available for Friday, June 10 and Saturday, June 11 of the RBC Canadian Open. Tickets are available to the general public for purchase on RBCCanadianOpen.com. Tickets for Friday and Saturday are $90 (plus tax and service charges). The event is General Admission / All Ages. Tickets are all-inclusive: your tournament day pass is your concert ticket.

Key Facts:

About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

About the RBC Canadian Open
Part of the FedExCup, stars of the PGA TOUR will compete for $7.6 million (US) at the RBC Canadian Open, June 6-12 at St. George’s Golf and Country Club in Toronto, with nearby Islington Golf Club serving as the official practice facility. Conducted by Golf Canada for more than a century, the RBC Canadian Open provides an opportunity for Canada’s top talents to compete against the world’s best golfers while also leaving a significant impact in the event’s host community. The RBC Canadian Open is proud to support the Golf Canada Foundation as the event’s official charity partner. Established in 1904, Canada’s national open golf championship is the third-oldest national open golf championship worldwide next to the British Open and the U.S. Open. For tickets or tournament information, please visit www.rbccanadianopen.com or call 1-800-571-6736. Follow the RBC Canadian Open on Facebook, Twitter and Instagram.

About Maroon 5
GRAMMY® Award-winning multiplatinum powerhouse Maroon 5 are one of pop music’s most enduring artists and the 21^st century’s biggest acts. To date, the universally renowned Los Angeles band have achieved multiple GRAMMY® Awards and become the most successful duo or group on the Billboard Hot 100 chart this century; with 32 records charted and 15 Top 10 singles. Maroon 5 holds a Top 40 record for the most #1 hits among pop duo or groups with Eleven entries and have earned Twenty-Two Top 10 entries on the chart. They are the only band to achieve these accolades. Maroon 5 reaches over 45 million monthly Spotify listeners, and after completing their “2021” tour, they have played over 750 concerts in 30+ countries selling over 7,500,000 tickets worldwide, remaining “one of the world’s best-selling artists.”

About Flo Rida

Flo Rida is one of today’s most vibrant and recognizable superstars, a true international icon and history-making hip-hop hero. Since bursting out of the gate over a decade ago with the RIAA 7x platinum certified hit, “Low (Feat. T-Pain)” – which spent 10 consecutive weeks atop the Billboard “Hot 100” – the Miami-based rapper has unleashed an undeniably amazing string of record-breaking, multi-platinum certified singles, including the worldwide #1 favorite, “Right Round (Feat. Ke$ha)” (5x platinum), “In the Ayer (Feat. will.i.am)” (2x platinum), “Club Can’t Handle Me (Feat. David Guetta),” (3x platinum), “Good Feeling” (4x platinum), “Wild Ones (Feat. Sia)” (2x platinum), “Whistle” (2x platinum), “My House” (3x platinum) and “I Cry” (2x platinum).

SOURCE RBC

NEW YORK and LONDON, April 4, 2022 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark”), a world leader in commercial real estate, announces the acquisition of leading London-based real estate advisory firm, BH2, led by the iconic Tony Gibbon. Tony joins with his partners, Dan Roberts, Sam Boreham and Rupert Williams. The acquired BH2 business will operate as Newmark BH2.

“Bringing on Tony, whose name is synonymous with London’s institutional real estate market—one of the world’s largest and most influential—accelerates Newmark’s global growth and unified approach to driving client opportunities,” said Newmark Chief Executive Officer Barry Gosin. “The acquisition of BH2, whose top-tier experts boast an enviable reputation and stellar track record, puts Newmark at the forefront of capital markets and leasing in London.”

Gibbon and his partners, Roberts, Boreham and Williams, bring decades of experience specializing in investment sales and purchases, leasing, occupier advisory, development consultancy and strategic asset management. BH2 has handled numerous London landmark trades across disciplines.

Newmark’s Vice Chairman and Co-Head of New York Capital Markets Investment Sales Division, Evan Layne, stated, “Spending several years working alongside, as well as competing with, Tony earlier in my career while building a top advisory firm in Europe, I became so impressed with BH2 that when I returned to the U.S. to help build investment sales at Newmark, I knew there was only one right way to launch the company’s London operations, Newmark must acquire BH2.”

BH2 has built a reputation advising many of the U.K.’s major corporations, investors, financial institutions and developers, from providing first-class capital markets execution to consulting on large-scale strategic development projects. Helping clients optimally align property with wider business strategy, they have completed hundreds of capital transactions and leased millions of square feet in the past five years. The newly formed Newmark BH2—combining BH2’s local Central London market intelligence with Newmark’s industry-leading infrastructure, technology and product offerings—is perfectly positioned to drive forward Newmark’s growth and client-services in the U.K.

“The acquisition of BH2 establishes Newmark at the front of the lead tables and primed to expand through EMEA, adding to the array of talented professionals that has put the firm at the forefront of U.S. capital markets over the past five years,” stated Robert Griffin, Newmark Co-Head of U.S. Capital Markets.

“In almost three decades since forming BH2, we have prioritized working with groups who are intelligent, driven and straightforward; a trait that we have found at Newmark. I felt there was some ‘magic’ in the cultural compatibility. The formation of Newmark BH2 is a confluence of like-minded businesspeople and entrepreneurial spirit,” said Gibbon. “Becoming a part of Newmark enables us to expand cross-border services, particularly tenant representation and debt placement.”

Gibbon and partners each join Newmark with decades of industry leadership and expertise. A 41-year industry veteran, Gibbon was a founding partner of BH2 and is involved in all aspects of the Central London markets. Both Roberts and Boreham also began their real estate careers in 1999 and joined BH2 in 2012. Roberts specializes in leasing, development consulting and occupier advisory, while Boreham focuses on leasing and occupier services. Williams, whose real estate career began in 1999, joined BH2 in 2010 and focuses on capital markets transactions.

“The combination of a global leader in Newmark and a best-in-class London platform in BH2 creates an enterprise that is particularly well-positioned to provide meaningful value to clients of varied types and sizes, Brookfield among them,” said Ben Brown, Managing Partner and Head of U.S. Office, Brookfield.

Newmark continues its focused effort to be the world’s most important capital markets business, advising investors at all levels of the capital stack–buying, selling, financing, total recapitalizations, as well as leasing of all asset types. Newmark Group and BH2 share client relationships with companies including Brookfield, Blackstone, Tishman Speyer and Nuveen. The BH2 acquisition, which closed April 1, 2022, comes on the heels of recent Newmark expansion announcements inclusive of acquisitions, hires and agreements across key global markets, including France, Germany, Poland, Hungary, Hong Kong, and Dubai, in addition to London, where Newmark had previously acquired retail specialist Harper Dennis Hobbs in 2019.

“We couldn’t be more excited to begin our journey in building throughout EMEA with such high-profile acquisitions as BH2, and retail advisory Harper Dennis Hobbs,” remarked Gosin.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. Newmark generated revenues in excess of $2.9 billion for the year ending December 31, 2021. Newmark’s company-owned offices, together with its business partners, operate from approximately 160 offices with over 6,200 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

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SOURCE Newmark Group, Inc.