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FTC Solar Awarded 225MW Sandhills Energy Solar Project

AUSTIN, Texas, Oct. 04, 2023 (GLOBE NEWSWIRE) — FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, announced today that it has been selected by Sandhills Energy to supply its Pioneer 1P solar tracker solution for a 225-megawatt project to be built near Columbus, Nebraska.

“We’re pleased to be utilizing FTC Solar’s tracker technology on this important project,” said Eric Johnson, President of Sandhills Energy. “The Butler County project will be one of the largest to be built in our home state of Nebraska, and the innovative and highly constructible design of FTC’s Pioneer solution will lend itself well to this development.”

Sean Hunkler, FTC Solar’s CEO commented, “We’re excited to work with Sandhills on this first of what we hope will be many projects together. Our Pioneer 1P tracker with its high energy density, reduced pile count and embedment depth, and fast assembly is garnering a lot of attention in the marketplace. We look forward to seeing it in action on this project.”

Tracker delivery in support of the Butler County solar project is expected to begin in the third quarter of 2024.

The purchase order for this project was received by FTC Solar in September 2023. The value of the project was included as an awarded order in the total backlog disclosed on August 9, 2023.

About FTC Solar Inc.

Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a leading provider of solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun. FTC Solar’s innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage.

Sandhills Energy, LLC

Sandhills Energy is a renewable energy development company based in Nebraska and Iowa. Founded in 2012, Sandhills Energy has extensive commercial, municipal and utility generation experience from project identification through development, engineering, construction, and operations. Sandhills Energy is rapidly expanding its presence across the Midwest and beyond to support its multi-gigawatt renewables development pipeline.

FTC Solar Investor Contact:

Bill Michalek 
Vice President, Investor Relations 
FTC Solar
T: (737) 241-8618 
E: [email protected]

Forward-Looking Statements 
This press release contains forward-looking statements. These statements are not historical facts but rather are based on our current expectations and projections regarding our business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. In addition, this press release contains statements about third parties and their commercial activity. We have not independently verified or confirmed such statements and have instead relied on the veracity of information as provided to us by such third parties related to such statements. You should not rely on our forward-looking statements or statements related to third parties or their commercial activities as predictions of future events, as actual results may differ materially from those in the forward-looking statements or statements related to third parties or their commercial activities because of several factors, including those described in more detail above and in our filings with the U.S. Securities and Exchange Commission, including the section entitled “Risk Factors” contained therein. FTC Solar undertakes no duty or obligation to update any forward-looking statements or statements related to third parties or their commercial activities contained in this release as a result of new information, future events or changes in its expectations, except as required by law. 

 



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Acasti Pharma to Host KOL Event on GTX-104: A Potential New Treatment Standard for Rare and Life-Threatening aneurysmal Subarachnoid Hemorrhage (aSAH)

Virtual Webinar to Take Place October 11, 2023 at 2:00pm ET

PRINCETON, N.J., Oct. 04, 2023 (GLOBE NEWSWIRE) — Acasti Pharma Inc. (Nasdaq: ACST) (Acasti or the Company), a late-stage, biopharma company advancing GTX-104, its novel formulation of nimodipine that addresses the high unmet medical needs for a rare disease, aneurysmal subarachnoid hemorrhage (aSAH), today announced that it will host a virtual KOL event titled GTX-104: a potential new treatment standard for rare and life-threatening aSAH on Wednesday, October 11, 2023 at 2:00pm ET. To register, click here.

The event will feature W. Taylor Kimberly, MD, PhD (Massachusetts General Hospital) who will discuss the high unmet medical need and current treatment landscape for patients suffering from aSAH, a medical emergency in which bleeding occurs over the surface of the brain in the subarachnoid space between the brain and skull.

The event will highlight Acasti’s lead clinical asset, GTX-104, a novel formulation of nimodipine currently in Phase 3 targeting aSAH as an intravenous infusion. Acasti leadership will provide insight into trial design, market dynamics, and future directions.

A live question and answer session will follow the formal presentations.

About W. Taylor Kimberly, MD, PhD

Dr. Kimberly is Chief of the Division of Neurocritical Care, and a stroke and critical care neurologist in the Department of Neurology at Massachusetts General Hospital.

Clinically, he primarily cares for patients in the Neuroscience ICU as part of an integrated and multi-disciplinary team, coordinating care with Neurosurgery and Neuroendovascular specialists. He also sees Neuro ICU patients in follow-up in outpatient clinic as part of the NeuroRecovery clinical team. He serves on several hospital-based and national committees that focus on clinical guideline development and care improvement. Dr. Kimberly’s research group is located in the Center for Genomic Medicine (Kimberly Lab), and studies metabolomic and neuroimaging biomarkers of subarachnoid hemorrhage, stroke and cerebral edema. The goal of his research is to identify novel pathways and candidate therapeutic targets for the treatment of acute brain injury. Dr. Kimberly has co-led multi-site, randomized, placebo-controlled trials in the prevention of brain edema, and currently co-leads an international phase 3 trial evaluating the safety and efficacy of intravenous glibenclamide for the prevention of brain edema after large hemispheric stroke.

About Acasti

Acasti is a late-stage biopharma company with drug candidates addressing rare and orphan diseases. Acasti’s novel drug delivery technologies have the potential to improve the performance of currently marketed drugs by achieving faster onset of action, enhanced efficacy, reduced side effects, and more convenient drug delivery. Acasti’s lead clinical assets have each been granted Orphan Drug Designation by the FDA, which provides seven years of marketing exclusivity post-launch in the United States, and additional intellectual property protection with over 40 granted and pending patents. Acasti’s lead clinical asset, GTX-104, is an intravenous infusion targeting aneurysmal Subarachnoid Hemorrhage (aSAH), a rare and life-threatening medical emergency in which bleeding occurs over the surface of the brain in the subarachnoid space between the brain and skull.

Forward-Looking Statements

Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, as amended, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and “forward-looking information” within the meaning of Canadian securities laws (collectively, “forward-looking statements”). Such forward looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of Acasti to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements containing the terms “believes,” “belief,” “expects,” “intends,” “anticipates,” “estimates”, “potential,” “should,” “may,” “will,” “plans,” “continue”, “targeted” or other similar expressions to be uncertain and forward-looking. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The forward-looking statements in this press release, including statements regarding GTX-104’s potential to bring enhanced treatment options to patients suffering from aSAH are based upon Acasti’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, including, without limitation: (i) the success and timing of regulatory submissions of the planned Phase 3 safety study for GTX-104; (ii) regulatory requirements or developments and the outcome and timing of the proposed IND application for GTX-104; (iii) changes to clinical trial designs and regulatory pathways; (iv) legislative, regulatory, political and economic developments; and (v) actual costs associated with Acasti’s clinical trials as compared to management’s current expectations. The foregoing list of important factors that could cause actual events to differ from expectations should not be construed as exhaustive and should be read in conjunction with statements that are included herein and elsewhere, including the risk factors detailed in documents that have been and are filed by Acasti from time to time with the Securities and Exchange Commission and Canadian securities regulators. All forward-looking statements contained in this press release speak only as of the date on which they were made. Acasti undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable securities laws.

Acasti Contact:

Prashant Kohli
Chief Executive Officer
Tel: 450-686-4555
Email: [email protected]
www.acasti.com

Investor Relations:

LifeSci Advisors
Mike Moyer
Managing Director
Phone: 617-308-4306
Email: [email protected]



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BigBear.ai’s Simulation for AutoCAD Showcased by Autodesk CEO

COLUMBIA, Md., Oct. 04, 2023 (GLOBE NEWSWIRE) — BigBear.ai (NYSE: BBAI), a leading provider of AI-enabled business intelligence solutions, was prominently demonstrated alongside Autodesk CEO Andrew Anagnost, showcasing the partnership’s AutoCAD discrete event simulation functionality at Autodesk’s annual Digital Convergence Event.

This year’s event focused on the integration of facility design with production system design. Andrew Anagnost, CEO of Autodesk, shared his vision of creating frictionless interfaces between architects, process engineering, design, and operations. Andrew spoke to the importance of converging workflow between manufacturing and architectural design, and the need for advanced toolsets to predict design success before investing capital. Autodesk has teamed with BigBear.ai to deliver this vision to designers, builders, and planners in engineering and manufacturing around the world.

Autodesk’s solutions are now directly integrated with BigBear.ai’s ProModel Discrete Event Simulator, enabling users to accurately simulate entire multi-faceted systems inside of AutoCAD, the world’s market-leading architectural engineering and construction design platform. Combined with the power of Autodesk’s Factory Design Utilities, these simulation capabilities provide not only the spatial representations of the planned space in 2D and 3D, but also provide planners with actionable insights to plan and execute on installation and confirmation of optimally cost-effective and agile project solutions. As a result, AutoCAD professionals are empowered with confidence that their design will produce the correct number of products in the desired amount of time, before ever spending a dollar on implementation, trial, and error. 

“Autodesk’s vision for the future of CAD design is enabling optimized sustainability and efficiency outcomes from planning to completion,” remarked Mandy Long, CEO of BigBear.ai. “We have been thrilled to see the industry’s enthusiastic response to Autodesk’s ProModel integration and look forward to continuing our mission to bring AI-powered innovations to market.”

For more information on BigBear.ai’s ProModel, and ProModel for AutoCAD, visit: BigBear.ai/ProModel. If you or your company are attending Autodesk University in Las Vegas, November 13-15 and would like to speak with our ProModel experts, please contact [email protected] and [email protected].

About BigBear.ai

BigBear.ai is a leading provider of AI-powered military and business intelligence solutions. The company serves three core markets to include: global supply chain and logistics; autonomous systems; and, cybersecurity. The US Government and enterprises rely on BigBear.ai’s predictive analytics capabilities to better understand the implications of changes to their complex environments, systems, processes, and supply chains. This intelligence then supports better planning, forecasting, and decision-making. Headquartered in Columbia, Maryland, BigBear.ai is a public company traded on the NYSE under the symbol BBAI. For more information, visit: https://bigbear.ai/ and follow BigBear.ai on LinkedIn: @BigBear.ai.

Contacts

BigBear.ai
Ryan Stenger
[email protected] / [email protected]

Forward-Looking Statements

This press release contains “forward-looking statements.” Such statements include, but are not limited to, statements regarding the intended use of proceeds from the private placement and may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, and legal conditions; risks related to the uncertainty of the projected financial information (including on a segment reporting basis); risks related to delays caused by factors outside of our control, including changes in fiscal or contracting policies or decreases in available government funding; changes in government programs or applicable requirements; budgetary constraints, including automatic reductions as a result of “sequestration” or similar measures and constraints imposed by any lapses in appropriations for the federal government or certain of its departments and agencies; influence by, or competition from, third parties with respect to pending, new, or existing contracts with government customers; our ability to successfully compete for and receive task orders and generate revenue under Indefinite Delivery/Indefinite Quantity contracts; potential delays or changes in the government appropriations or procurement processes, including as a result of events such as war, incidents of terrorism, natural disasters, and public health concerns or epidemics; and increased or unexpected costs or unanticipated delays caused by other factors outside of our control, such as performance failures of our subcontractors; risks related to the rollout of the business and the timing of expected business milestones; the effects of competition on our future business; our ability to issue equity or equity-linked securities in the future, and those factors discussed in the Company’s reports and other documents filed with the SEC, including under the heading “Risk Factors.” 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 filings with the SEC, including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at https://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise, except as required by law.



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Discover Partners With Award-Winning Actress Jennifer Coolidge

Discover Partners With Award-Winning Actress Jennifer Coolidge

New National Campaign Shows How Discover is Especially for Everyone

RIVERWOODS, Ill.–(BUSINESS WIRE)–
Discover is launching a new national brand campaign entitled “Especially for Everyone,” with award-winning actress Jennifer Coolidge. As part of the launch, Coolidge will be featured in national advertising efforts, focusing on Discover’s benefits and products. This includes — for the first time in the company’s history – a campaign focused on a deposit product: Discover’s Cashback Debit checking account.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231004637953/en/

(Photo: Business Wire)

(Photo: Business Wire)

The “Especially for Everyone” campaign challenges the old notion that the best experiences are reserved only for those at the top. Through the campaign, Discover is featuring how their products and services ensure all customers feel valued and receive the great customer service that Discover offers.

“I am proud to be partnering with Discover for this new campaign because they offer a unique experience for all of their customers,” said actress Jennifer Coolidge. “I gravitate towards people who treat others equally and are accessible which I found to be even more true with the Discover team when we were filming these ads.”

In the initial ad, consumers will see Coolidge using her Discover Cashback Debit card at a restaurant, and she is surprised to learn that Discover’s great benefits — like 1% cash back on up to $3,000 in monthly debit card purchases* — are for everyone and not just VIPs.

“We’re partnering with Jennifer Coolidge to showcase how Discover delivers a great experience to everyone, which is a refreshing notion, especially these days, when other companies are limiting their best service and experiences to only certain customers,” said Jennifer Murillo, Chief Marketing Officer of Discover. “Discover doesn’t reserve our best treatment for a select few. All of our customers have access to our great benefits, including the same 24/7 US-based customer service. All of our credit card products feature no annual fee1. And we think all of our customers should be getting cash back on their purchases, so we are offering Cashback Debit, our free checking account that gives cash back on debit card purchases. Jennifer was the perfect partner to help us tell that story and she brought her special creative energy, relatability and humor to the project.”

“Especially for Everyone” will be running nationwide across a variety of channels, including TV commercials, online video advertising, radio, social media, and other channels.

This campaign marks the first time Discover is highlighting a bank product in national advertising efforts with Discover’s Cashback Debit. The product features 1% cash back rewards on up to $3,000 in debit card purchases each month, no account fees, early direct deposit 2, access to 60,000 fee-free ATMs and more.

“Discover is a bank that offers consumers a full suite of digital banking products and integrating this concept into our national advertising campaign is a big step for our brand,” said Peter Illian, Senior Vice President of Deposits at Discover. “We know that our customer-first attitude and features extend beyond our credit cards to our checking and savings accounts as well as our loan products, and we are looking for new ways to make sure that our customers know as well.”

About Discover

Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover® card, America’s cash rewards pioneer, and offers private student loans, personal loans, home loans, checking and savings accounts and certificates of deposit through its banking business. It operates the Discover Global Network® comprised of Discover Network, with millions of merchants and cash access locations; PULSE®, one of the nation’s leading ATM/debit networks; and Diners Club International®, a global payments network with acceptance around the world. For more information, visit www.discover.com/company.

*ATM transactions, the purchase of money orders or other cash equivalents, cash over portions of point-of-sale transactions, Peer-to-Peer (P2P) payments (such as Apple Pay Cash), online sports betting and internet gambling transactions, and loan payments or account funding made with your debit card are not eligible for cash back rewards. In addition, purchases made using third-party payment accounts (services such as Venmo® and PayPal®, who also provide P2P payments) may not be eligible for cash back rewards. Apple Pay® is a trademark of Apple Inc. Venmo and PayPal are registered trademarks of PayPal, Inc.

1 0%-28.24% intro APR for purchases for 6-15 months and 0%-28.24% for balance transfers for 6-15 months, then variable 17.24%-28.24%. Cash advance variable APR: 29.99%. Call 1-800-DISCOVER or visit Discover.com for details about credit costs and terms. Pricing as of 09/29/23 and is subject to change.

2 Early Pay is automatically available to checking, savings (excluding IRA savings) and money market customers who receive qualifying ACH direct deposits. At our discretion, and dependent on the timing of our receipt of the direct deposit instructions, we may make funds from these qualifying direct deposits available to you up to 2 days early. See our Deposit Account Agreement for more information.

Discover Bank, Member FDIC

Derek Cuculich

[email protected]

224-405-0665

@Discover_News

KEYWORDS: Illinois United States North America

INDUSTRY KEYWORDS: Finance Entertainment Marketing Banking Advertising Communications Professional Services Celebrity Digital Marketing Social Media

MEDIA:

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(Photo: Business Wire)
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The Biggest Movie of 2023 “Barbie” Comes to Redbox Kiosks October 17

The Biggest Movie of 2023 “Barbie” Comes to Redbox Kiosks October 17

Redbox kiosks nationwide will be the perfect place for perfect beings to rent Blu-ray and DVD copies of the hit film

COS COB, Conn.–(BUSINESS WIRE)–
Redbox, a Chicken Soup for the Soul Entertainment (NASDAQ: CSSE) company, today announced “Barbie” – the number one movie of 2023 – will be available to rent on Blu-ray Disc® and DVD at Redbox® kiosks nationwide starting Tuesday, October 17.

Through the Redbox app, consumers can easily locate their nearest Redbox kiosk and reserve their discs. The Redbox app is available on a wide range of devices, including iOS, Android, Roku, Samsung TVs, VIZIO, and many others. The app also gives viewers access to thousands of free movies and TV series, nearly 180 Free Ad-Supported Streaming Television (FAST) channels, and the ability to rent or buy movies transactionally on select devices.

“Our customers have been anxiously waiting for ‘Barbie’ to be available on DVD and Blu-ray, and we’re delighted it will soon be in our kiosks nationwide,” said William J. Rouhana, Jr., chief executive officer and chairman of Chicken Soup for the Soul Entertainment. “Blu-ray discs provide the best sound and picture quality on a large TV screen, and there will be no better way to enjoy the amazing visuals and music in the film. Fans will have the most ‘perfect’ way to see their favorite film of 2023 at an inexpensive price along with bonus content.”

To live in Barbie Land is to be a perfect being in a perfect place. Unless you have a full-on existential crisis. Or you’re a Ken.

From Oscar-nominated writer/director Greta Gerwig (“Little Women,” “Lady Bird”) comes “Barbie,” starring Oscar® nominees Margot Robbie (“Bombshell,” “I, Tonya”) and Ryan Gosling (“La La Land,” “Half Nelson”) as Barbie and Ken, alongside America Ferrera (“End of Watch,” the “How to Train Your Dragon” films), Kate McKinnon (“Bombshell,” “Yesterday”), Issa Rae (“The Photograph,” HBO’s “Insecure”), Rhea Perlman (“I’ll See You in My Dreams,” “Matilda”), and Will Ferrell (the “Anchorman” films, “Talladega Nights”). The film also stars Michael Cera (“Scott Pilgrim vs. the World,” “Juno”), Ariana Greenblatt (“Avengers: Infinity War,” “65”), Ana Cruz Kayne (“Little Women”), Emma Mackey (“Emily,” “Sex Education”), Hari Nef (“Assassination Nation,” “Transparent”), Alexandra Shipp (the “X-Men” films), Kingsley Ben-Adir (“One Night in Miami,” “Peaky Blinders”), Simu Liu (“Shang-Chi and the Legend of the Ten Rings”), Ncuti Gatwa (“Sex Education”), Scott Evans (“Grace and Frankie”), Jamie Demetriou (“Cruella”), Connor Swindells (“Sex Education,” “Emma.”), Sharon Rooney (“Dumbo,” “Jerk”), Nicola Coughlan (“Bridgerton,” “Derry Girls”), Ritu Arya (“The Umbrella Academy”), Grammy Award-winning singer/songwriter Dua Lipa and Oscar-winner Helen Mirren (“The Queen”).

Gerwig directed “Barbie” from a screenplay by Gerwig & Oscar nominee Noah Baumbach (“Marriage Story,” “The Squid and the Whale”), based on Barbie by Mattel. The film’s producers are Oscar nominees David Heyman (“Once Upon a Time…in Hollywood,” “Marriage Story,” “Gravity”), Margot Robbie (“Birds of Prey,” “Promising Young Woman,” “I, Tonya”), Tom Ackerley (“Promising Young Woman,” “I, Tonya”) and Robbie Brenner (“Dallas Buyers Club”), with Gerwig, Baumbach, Ynon Kreiz, Richard Dickson, Michael Sharp, Josey McNamara, Courtenay Valenti, Toby Emmerich and Cate Adams serving as executive producers.

Gerwig’s creative team behind the camera included Oscar-nominated director of photography Rodrigo Prieto (“The Irishman,” “Silence,” “Brokeback Mountain”), Oscar-nominated production designer Sarah Greenwood (“Beauty and the Beast,” “Anna Karenina”), Oscar-winning costume designer Jacqueline Durran (“Little Women,” “Anna Karenina”), editor Nick Houy (“Little Women,” “Lady Bird”), visual effects supervisor Glen Pratt (“Paddington 2,” “Beauty and the Beast”) and music supervisor George Drakoulias (“White Noise,” “Marriage Story”), with a score by Oscar winners Mark Ronson and Andrew Wyatt (“A Star Is Born”), who also contributed to numerous songs on the film’s soundtrack. The soundtrack includes an impressive roster of today’s hottest music artists, including Lizzo, Dua Lipa, Nicki Minaj & Ice Spice with Aqua, Charli XCX, KAROL G feat. Aldo Ranks, Tame Impala, Dominic Fike, HAIM, The Kid LAROI, Khalid, PinkPantheress, GAYLE, Ava Max, FIFTY FIFTY and more.

Warner Bros. Pictures Presents a Heyday Films Production, a LuckyChap Entertainment Production, an NB/GG Pictures Production, a Mattel Production, “Barbie.” The film is distributed worldwide by Warner Bros. Pictures and was released in theaters nationwide on July 21, 2023 and internationally on July 19, 2023.

“Barbie” is rated PG-13 by the MPA for suggestive references and brief language.

About Chicken Soup for the Soul Entertainment

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) provides premium content to value-conscious consumers. The company is one of the largest advertising-supported video-on-demand (AVOD) companies in the US, with three flagship AVOD streaming services: Redbox, Crackle, and Chicken Soup for the Soul. In addition, the company operates Redbox Free Live TV, a free ad-supported streaming television service (FAST), with nearly 180 FAST channels as well as a transaction video on demand (TVOD) service, and a network of approximately 29,000 kiosks across the US for DVD rentals. To provide original and exclusive content to its viewers, the company creates, acquires, and distributes films and TV series through its Screen Media and Chicken Soup for the Soul TV Group subsidiaries. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.

Forward-Looking Statements and Available Information

This press release includes forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are statements that are not historical facts. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of management and are not predictions of actual performance. Such assumptions involve a number of known and unknown risks and uncertainties, including but not limited to risks relating to our core strategy, operating income and margin, seasonality, liquidity, including cash flows from operations, available funds, and access to financing sources, free cash flows, revenues, net income, profitability, stock price volatility, future regulatory changes, price changes, ability to achieve and sustain market acceptance of our content streaming services and other content offerings, ability to recruit and retain officers, key employees, or directors, ability to protect our intellectual property, ability to complete and integrate into our existing operations future strategic acquisitions, ability to manage growth, ability to pay dividends and our debt obligations, as well as evolving regulatory or other operational risks, and risks presented by changing general market conditions impacting demand for our services. For a more complete description of these and other risks and uncertainties, please refer to Item 1A (Risk Factors) in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 filed with the SEC on March 31, 2023, as amended. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by the forward-looking statements contained in this press release. Information regarding the acquisition of Redbox and related transactions is qualified by reference to the Company’s Current Reports on Form 8-K filed with the SEC on May 11, 2022 as amended May 12, 2022, June 6, 2022, August 12, 2022, November 14, 2022 and thereafter from time to time, and all exhibits filed with respect to such reports. The forward-looking statements contained in this press release speak only as of the date hereof and the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

(PRESS)

Peter Binazeski

Chicken Soup for the Soul Entertainment

[email protected]

KEYWORDS: Connecticut United States North America

INDUSTRY KEYWORDS: Film & Motion Pictures Communications Social Media Entertainment TV and Radio

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Redfin Survey: 59% of Recent Homebuyers Say Purchasing a House Is More Stressful Than Dating

Redfin Survey: 59% of Recent Homebuyers Say Purchasing a House Is More Stressful Than Dating

Divorce and finding a new job were the only two listed life events that a majority of respondents said are more stressful than purchasing a home.

SEATTLE–(BUSINESS WIRE)–
(NASDAQ: RDFN) — Nearly two-thirds of recent U.S. homebuyers (59%) think purchasing a house is more stressful than dating, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

“Getting ghosted by your date is stressful, but purchasing a home in today’s market comes with its own unique set of anxieties,” said Redfin Chief Economist Daryl Fairweather. “Buyers are increasingly ghosting sellers as housing costs climb, and high mortgage rates are prompting many homeowners to stay put instead of selling—meaning house hunters have a record low number of homes to swipe right on.”

Of the life events respondents had to choose from, there were just two that respondents found more nerve-wracking than buying a home: 57% said divorce is more stressful and 56% said finding a new job is more stressful.

That’s based on a Redfin-commissioned survey conducted by Qualtrics in May and June 2023. The survey was fielded to more than 5,000 U.S. residents. This report focuses on the roughly 1,000 respondents who bought a home in the last year.

With mortgage rates at the highest level in more than two decades, many of the people moving today are relocating not because they want to, but because they have to—often due to a major life event like a divorce or a new job.

While the U.S. unemployment rate remains low, thousands of workers have been laid off and forced to find new jobs in the past year. Others have had to move because their employer asked them to go back to the office. One in 10 U.S. home sellers cited a return-to-office policy as a reason for their upcoming relocation.

Millennials, Gen X Are Most Likely to Think Homebuying Is More Stressful Than Dating. Baby Boomers Are Most Likely to Think the Opposite.

Millennials and Gen Xers were most likely to emphasize the anxieties of homebuying, with nearly two-thirds saying it’s more stressful than dating. Baby Boomers and Gen Zers were most likely to say dating is more stressful. Baby Boomers recently overtook millennials as the largest homebuying generation, in large part because they’ve spent years building home equity, making it easier to buy another home even when mortgage rates are high.

Older generations were most likely to emphasize the stress of divorce; 67% of Baby Boomers said divorce is more stressful than homebuying, compared with 61% of millennials and 48% of Gen Z respondents.

White Homebuyers Say Buying a Home Is More Stressful Than Getting Into College. Black Buyers Say the Opposite.

More than two-thirds of white respondents (64%) said buying a home is more stressful than getting into college, but the results were flipped for Black respondents, a majority of whom (57%) said getting into college is more stressful.

Black Americans face much higher financial barriers to both homeownership and college admission than white Americans on average, and frequently face discrimination during both processes. Roughly one-quarter of Black adults say they carry student loan debt, compared with 14% of white adults. Student loan payments are resuming for millions of Americans this month as the pandemic-era pause comes to an end, which will push homeownership further out of reach for some borrowers as their monthly costs climb.

Which Is More Stressful? Buying a Home or…

Question:“Below are several different events you may experience in your life. For each please select if that event, or buying a home, is more stressful. Please give your best guess even if you do not have experience with the specific life event.”

 

 

Overall

Gen Z

Millennials

Gen X

Baby Boomers

Dating

Dating

41%

45%

37%

36%

46%

Buying a home

59%

55%

63%

64%

54%

Wedding planning

Planning a wedding

49%

51%

48%

51%

44%

Buying a home

51%

49%

52%

49%

56%

Potty training

Potty training a child

39%

44%

35%

35%

36%

Buying a home

61%

56%

65%

65%

64%

Divorce

Getting a divorce

57%

48%

61%

66%

67%

Buying a home

43%

52%

39%

34%

33%

Buying a car

Buying a car

34%

43%

31%

26%

25%

Buying a home

66%

57%

69%

74%

75%

Finding a job

Finding a new job

56%

56%

56%

55%

58%

Buying a home

44%

44%

44%

45%

42%

Getting into college

Getting into college

42%

56%

36%

26%

30%

Buying a home

58%

44%

64%

74%

70%

To view the full report, including charts, please visit: https://www.redfin.com/news/homebuying-more-stressful-than-dating-survey

About Redfin

Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, title insurance, and renovations services. We also run the country’s #1 real estate brokerage site. Our home-buying customers see homes first with same day tours, and our lending and title services help them close quickly. Customers selling a home in certain markets can have our renovations crew fix up their home to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Customers who buy and sell with Redfin pay a 1% listing fee, subject to minimums, less than half of what brokerages commonly charge. Since launching in 2006, we’ve saved customers more than $1.5 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 5,000 people.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email [email protected]. To view Redfin’s press center, click here.

Redfin Journalist Services:

Ally Braun, 206-588-6863

[email protected]

KEYWORDS: Washington New York United States North America

INDUSTRY KEYWORDS: Consumer Residential Building & Real Estate Baby Boomers Millennials Construction & Property Generation Z Generation X

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Integra LifeSciences to Host Third Quarter 2023 Financial Results Conference Call on October 25, 2023

PRINCETON, N.J., Oct. 04, 2023 (GLOBE NEWSWIRE) — Integra LifeSciences Holdings Corporation (NASDAQ: IART), a leading global medical technology company, will release third quarter 2023 financial results on Wednesday, October 25, 2023, prior to the market open. In conjunction with the earnings release, Integra’s management team will host a conference call at 8:30 a.m. ET.

A live webcast will be available on the Investors section of the Company’s website at investor.integralife.com. For those planning to participate on the call, register here to receive dial-in details and an individual pin. While not required, joining 10 minutes before the event starts is recommended. A webcast replay of the conference call will be available on the Investors section of the Company’s website following the call.

About Integra LifeSciences

At Integra LifeSciences, we are driven by our purpose of restoring patients’ lives. We innovate treatment pathways to advance patient outcomes and set new standards of surgical, neurologic and regenerative care. We offer a comprehensive portfolio of high quality, leadership brands that include AmnioExcel®, Aurora®, Bactiseal®, BioD™, CerebroFlo®, CereLink® Certas® Plus, Codman®, CUSA®, Cytal®, DuraGen®, DuraSeal®, DuraSorb®, Gentrix®, ICP Express®, Integra®, Licox®, MAYFIELD®, MediHoney®, MicroFrance®, MicroMatrix®, NeuraGen®, NeuraWrap™, PriMatrix®, SurgiMend®, TCC-EZ® and VersaTru®. For the latest news and information about Integra and its products, please visit www.integralife.com.

Investor Relations:

Chris Ward

(609) 772-7736
[email protected]

Media Contact:

Laurene Isip

(609) 208-8121
[email protected]



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VSE Announces License Agreement with Honeywell and Increases 2023 Aviation Segment Guidance

VSE Announces License Agreement with Honeywell and Increases 2023 Aviation Segment Guidance

VSE Aviation expands Honeywell relationship with new agreement to manufacture, repair, and sell over 300 unique Honeywell fuel control systems and subcomponents.

ALEXANDRIA, Va.–(BUSINESS WIRE)–
VSE Corporation (NASDAQ: VSEC, “VSE”, or the “Company”), a leading provider of aftermarket distribution and maintenance, repair and overhaul (“MRO”) services for air and land transportation assets for commercial and government markets, announced today that it has entered into an asset purchase and perpetual license agreement with Honeywell International Inc. (“Honeywell”) to exclusively manufacture and support certain of Honeywell’s fuel control systems on four key engine platforms through its VSE Aviation business.

Under the terms of the agreement, VSE Aviation acquired certain contracts, equipment, and inventory from Honeywell and will utilize the acquired assets and the license to exclusively manufacture, manage aftermarket distribution, and repair more than 340 unique Honeywell fuel control systems. VSE Aviation will support three in-production engine platforms manufactured by Rolls Royce and Pratt & Whitney Canada (P&WC), including P&WC PT-6 engine variants. These systems and subcomponents will support more than 20,000 in-service aircraft powered by these engines, spanning over 120 platforms in the business and general aviation (B&GA) and rotorcraft markets.

This new agreement expands VSE Aviation’s existing capabilities supporting Honeywell’s fuel control systems and associated subcomponents. Since 2015, VSE Aviation has served as the exclusive distributor of these products. In addition, VSE Aviation has a long-established and successful history as an MRO provider to support these fuel control systems. Through this new agreement, VSE expands the relationship to become the licensed manufacturer with perpetual rights to the intellectual property of these components.

MANAGEMENT COMMENTARY

“VSE Aviation has a long history of supporting Honeywell fuel control systems and subcomponents as both a distributor and MRO service provider. We believe this new asset purchase and license agreement significantly strengthens our existing, long-term relationship with Honeywell and is a testament to the value of our differentiated OEM-focused value proposition. We expect this agreement to provide long-term, sustainable revenue and an improved mid-term EBITDA margin outlook for VSE Aviation from these critical and highly technical aircraft components and associated intellectual property,” stated John Cuomo, President and CEO of VSE Corporation.

“We are incredibly excited to secure this licensing agreement with Honeywell because it enables VSE to help extend the life of several marquee engine platforms,” stated Ben Thomas, President of VSE Aviation. “We intend to drive improved performance for both the engine manufacturers and their operators, deliver more value from the engineering and supply chain of these components, and strengthen our partnership with Honeywell.”

AGREEMENT TERMS AND FORWARD GUIDANCE

VSE acquired the perpetual license and asset for $105 million. The purchase price also included $12 million of existing inventory. The Company expects to lower its net working capital requirements by approximately $10 million ratably throughout 2024 through lower inventory costs. This more favorable product cost, offset partially by production expenses, is expected to contribute approximately $7 million and $14 million of additional EBITDA in 2024 and 2025 respectively, and is not expected to have a material effect in the fourth quarter of 2023.

The Company funded the purchase through a drawdown on its existing credit facility. VSE anticipates its net leverage ratio to be below 4.0 times at the end of the third quarter and improving by the end of the year, when including the trailing twelve-month results from prior acquisitions and the recent purchase of the Honeywell fuel control license.

The Company is also increasing full year 2023 revenue and Adjusted EBITDA guidance for its Aviation segment, reaffirming full year 2023 revenue and Adjusted EBITDA guidance for its Fleet segment, and maintaining second half 2023 free cash flow guidance:

  • Aviation segment full year 2023 revenue guidance is increasing from 25 to 30% to 30 to 35% growth, as compared to the prior year

  • Aviation segment full year 2023 Adjusted EBITDA margin guidance is increasing from 13 to 15% to 14 to 16%

  • Fleet segment is maintaining its full year 2023 revenue guidance of 20 to 25% growth, as compared to the prior year

  • Fleet segment is maintaining its Adjusted EBITDA margin guidance of 11 to 13%

  • The Company maintains its outlook of positive free cash flow in the second half of 2023

ADVISORS

Jones Day served as legal advisor to VSE Corporation.

FORWARD-LOOKING STATEMENTS

This document contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause VSE’s actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this document. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that actual results will not differ materially from these expectations. “Forward-looking” statements, as such term is defined by the SEC in its rules, regulations, and releases, represent our expectations or beliefs, including, but not limited to, statements concerning the expected benefits of the agreement with Honeywell, including the anticipated impact on VSE’s operations, economic performance and financial condition. Without limiting the generality of the foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “forecast,” “seek,” “plan,” “predict,” “project,” “could,” “estimate,” “might,” “continue,” “seeking” or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. These statements, by their nature, involve substantial risks and uncertainties, certain of which are beyond our control, and actual results may differ materially depending on a variety of important factors, including, but not limited to, VSE’s ability to achieve the expected benefits of the agreement with Honeywell and the factors identified in our reports filed or expected to be filed with the SEC including our Annual Report on Form 10-K for the year ended December 31, 2022. All forward-looking statements made herein are qualified by these cautionary statements and risk factors and there can be no assurance that the actual results, events, or developments referenced herein will occur or be realized. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s analysis only as of the date hereof. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

NON-GAAP FINANCIAL MEASURES

VSE has presented forward-looking statements regarding net leverage. This non-GAAP financial measure is calculated as net debt divided by adjusted EBITDA, which represents net income before interest expense, income taxes, amortization of intangible assets and depreciation and other amortization, as adjusted for discrete items, including acquisition, integration and restructuring costs, inventory reserve, non-recurring professional fees, contract loss, Russia/Ukraine conflict, earn-out adjustment, loss on sale of business entity and certain assets, gain on sale of property, severance, and goodwill and intangible impairment. The determination of the amounts that are excluded from this non-GAAP financial measure is a matter of management judgment and depends upon, among other factors, the nature of the underlying expense or income amounts recognized in a given period in reliance on the exception provided by item 10(e)(1)(i)(B) of Regulation S-K. VSE is unable to present a quantitative reconciliation of forward-looking net leverage to its most directly comparable forward-looking GAAP financial measure because such information is not available, and management cannot reliably predict all of the necessary components of such GAAP measure without unreasonable effort or expense. In addition, VSE believes such reconciliation would imply a degree of precision that would be confusing or misleading to investors. The unavailable information could have a significant impact on VSE’s future financial results. This non-GAAP financial measure is a preliminary estimate and is subject to risks and uncertainties, including, among others, changes in connection with quarter-end and year-end adjustments. Any variation between VSE’s actual results and the forward-looking financial data set forth above may be material.

INVESTOR CONTACT

Michael Perlman

VP, Investor Relations & Communications

T: (954) 547-0480

[email protected]

KEYWORDS: United States North America Virginia

INDUSTRY KEYWORDS: Other Transport Other Manufacturing Trucking Air Transport Aerospace Manufacturing Machinery Logistics/Supply Chain Management

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Ceridian Launches Dayforce Exchange

A new, open marketplace to connect Dayforce capabilities across the partner, solution, and talent ecosystems

TORONTO and MINNEAPOLIS, Oct. 04, 2023 (GLOBE NEWSWIRE) — Ceridian HCM Holding Inc. (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, today launched Dayforce Exchange, an open and connected marketplace that extends the Dayforce experience across applications, data, content, and the workforce.

Comprised of three distinct yet unified pillars – Talent Exchange, Solution Exchange, and Partner Exchange – Dayforce Exchange extends the Dayforce platform’s unique HCM capabilities across internal and external networks, without extra navigation or login experiences. One security model, one sign-on, and the same single data model that Dayforce provides ensures reliability and compliance.

The announcement was made at INSIGHTS 2023, the company’s annual customer conference being held in Las Vegas and livestreamed online. Thousands of attendees are engaging in sessions and experiences centered on helping them drive success with “A Brand New Dayforce,” the conference’s theme. At the conference, the company also announced plans to unify its brand to Dayforce, expected to become effective in January 2024.

Businesses today are struggling to blend different functionalities, solutions, and types of work smoothly and efficiently. They are also faced with an endless list of “marketplaces” that only address specific functionalities or audiences. This fragmented approach creates roadblocks, promotes data discrepancies, and prevents organizations from reaching their full potential. Organizations require a single, scalable solution that encompasses all elements of a marketplace, while providing critical data and information directly within the product experience – and Dayforce Exchange meets this need.

“Organizations recognize that work and the workplace are transforming to become more open and interconnected – and if done right, it presents a pivotal opportunity to innovate, transform, and win,” said Joe Korngiebel, Chief Product and Technology Officer, Ceridian. “Dayforce Exchange is a one-of-a-kind marketplace that unites our Dayforce customers and their employees, as well as our broader community of users, including the valuable alumni audience. And unlike other marketplaces, Dayforce Exchange serves as a one-stop shop for organizations – all directly within Dayforce.”

About Dayforce Exchange:

  • Talent Exchange: Connects internal and external talent with opportunities across the entire workforce, fostering flexibility for workers and scalability for businesses. Leveraging Dayforce Career Explorer, administrators within Talent Exchange can explore the full potential of their talent pool by connecting them to projects and mentors. They can scale their organizations instantly by matching open roles to talent – sourced from third party talent pools like Ideal Talent Marketplace™, which provides access to a pre-qualified, flexible workforce. With Talent Exchange, organizations can bolster their talent pool even further by tapping into their alumni through Dayforce Alumni Network, which enables organizations to easily communicate, engage, and manage employees who have worked with them in the past.

  • Solution Exchange: Tailors the Dayforce experience with access to a rich library of report templates and dashboards built by the Dayforce community, including innovative hub widgets and content, reports, and integration studio connectors. It delivers personalized experiences and connectors enabling organizations to build tightly integrated ecosystems. By automating workflows, supercharging engagements, and sharing integrations, Solution Exchange extends the Dayforce experience without compromising agility, security, or reliability. It also provides the latest trends, best practices, compliance updates, and expert tips to help organizations thrive in an ever-changing business landscape.

  • Partner Exchange: Delivers a curated ecosystem of strategic system integrator and technology providers to implement and extend Dayforce functionality. Every application goes through a careful process of review and approval to ensure reliability. Organizations can browse, download, purchase, and test solutions – easily and intuitively – all within the Dayforce environment. Partners manage the listed applications, reducing the risk for customers, and making the whole interaction smooth and worry-free.

Dayforce Exchange will begin to be available to Ceridian customers in 2024.

Additional Information

About Ceridian

Ceridian. Makes Work Life Better™.

Ceridian HCM Holding Inc. is a global human capital management software company. Dayforce software, its flagship cloud HCM platform, provides human resources, payroll, benefits, workforce management, and talent management functionality. The Dayforce platform is used to optimize management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing people. Ceridian has solutions for organizations of all sizes. Visit Ceridian.com or follow us @Ceridian. 

Forward-Looking Statements

This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, and our expectations, hopes, intentions or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to the future and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

This press release should be read in conjunction with the risks detailed in the “Cautionary Note Regarding Forward-Looking Information,” “Forward-Looking Statement,” “Risk Factors” and other sections of Ceridian’s Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K and other filings with the Securities and Exchange Commission.

Media Contact

Hyeri Kim
[email protected]
347-572-9564



Posted on

Empire State Realty Trust to Ring the NYSE Opening Bell to Celebrate Its 10th Anniversary as a New York Stock Exchange Listed REIT

Empire State Realty Trust to Ring the NYSE Opening Bell to Celebrate Its 10th Anniversary as a New York Stock Exchange Listed REIT

NEW YORK–(BUSINESS WIRE)–
Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), will ring The Opening Bell® at the New York Stock Exchange (NYSE) on October 4, 2023, in celebration of the Company’s 10th anniversary of its Initial Public Offering on the NYSE.

“This week, we celebrate ESRT’s first decade as a public company listed on the New York Stock Exchange,” said Anthony E. Malkin, Chairman, President, and Chief Executive Officer. “Since our IPO in October 2013, we have strengthened our business to become a New York City focused REIT with four, diverse verticals – office, the iconic Empire State Building Observatory, retail, and multifamily – and a best-in-class balance sheet. Our leadership in sustainability and our carbon neutral commercial real estate portfolio continues to put points on the board with leasing and development of practices to inform policy. Today I salute our investors, our lenders, and our dedicated employees, directors, tenants, stakeholders, and partners, who drive our success and position ESRT for future growth.”

Anthony E. Malkin, Chairman, President, and Chief Executive Officer will be joined at The Opening Bell ceremony by Christina Chiu, Executive Vice President, Chief Operating Officer and Chief Financial Officer, Tom Durels, Executive Vice President, Real Estate, and members of the Company’s board of directors.

A live feed of Empire State Realty Trust ringing the NYSE Opening Bell (9:29 a.m. ET) will be available at www.nyse.com/bell.

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the iconic Empire State Building – “the World’s Most Famous Building” – and the newly reimagined Empire State Building Observatory that was named #1 attraction in the US for the second year in a row, in Tripadvisor’s 2023 Travelers’ Choice Awards: Best of the Best. The Company is a leader in healthy buildings, energy efficiency, and indoor environmental quality. As of June 30, 2023, ESRT’s portfolio is comprised of approximately 8.6 million rentable square feet of office space, 718,000 rentable square feet of retail space and 721 residential units across three multifamily properties. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, Twitter and LinkedIn.

Category: General

Investors

Empire State Realty Trust Investor Relations

(212) 850-2678

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: REIT Finance Banking Professional Services Construction & Property

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