MFA Financial, Inc. Mourns the Death of Board Member Frank Oelerich

MFA Financial, Inc. Mourns the Death of Board Member Frank Oelerich

NEW YORK–(BUSINESS WIRE)–
MFA Financial, Inc. (NYSE: MFA) Chief Executive Officer Craig Knutson today issued the following statement on the recent passing of MFA independent Board member Francis J. Oelerich III:

“We are deeply saddened by the unexpected passing of our Board colleague, Frank Oelerich. Frank was a dear friend for over 40 years and a trusted colleague. He provided invaluable counsel to me, my fellow Board members and our management team during his five-plus years of service on the MFA Board. He cherished his family, and our deepest sympathies are with his wife, Mary, and their family. He will be sorely missed.”

MFA’s Board Chair Laurie Goodman added, “Frank’s service to MFA was invaluable. My colleagues and I appreciated his sound advice and insights, which were always grounded in the best interests of the Company and our stockholders. We extend our heartfelt condolences to his wife and his family.”

Among Mr. Oelerich’s various Board duty assignments, he most recently served as Chair of the Audit Committee of the MFA Board, and he was also a member of the Compensation Committee of the Board.

Mr. Oelerich enjoyed a long career in investment banking and was most recently a Managing Director of XMS Capital Partners, a global, independent financial services firm providing investment banking, asset management and merchant banking services. Prior thereto, Mr. Oelerich had a long tenure as a Managing Director in the Mergers & Acquisitions Department of Deutsche Bank Securities, Inc. Mr. Oelerich also worked in investment banking for Morgan Stanley & Co. Incorporated for almost 25 years, rising to the level of Managing Director. Mr. Oelerich received an M.B.A. from Harvard University, where he was elected a George F. Baker Scholar and named a Loeb, Rhoades Fellow, and a B.B.A. (with high honors) from the University of Notre Dame.

MFA Financial, Inc. is a leading specialty finance company that invests in residential mortgage loans, residential mortgage-backed securities and other real estate assets. Through its wholly owned subsidiary, Lima One Capital, MFA also originates and services business purpose loans for real estate investors. MFA has distributed over $4.8 billion in dividends to stockholders since its initial public offering in 1998. MFA is an internally managed, publicly traded real estate investment trust.

[email protected]

212-207-6488

www.mfafinancial.com


MEDIA CONTACT:

H/Advisors Abernathy

Tom Johnson

212-371-5999

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Professional Services Residential Building & Real Estate Commercial Building & Real Estate Finance Construction & Property REIT Banking

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Paycom Tops Ranking for Company Culture, Compensation

Paycom Tops Ranking for Company Culture, Compensation

Chad Richison, Paycom founder, CEO and chairman, also listed among Best CEOs

OKLAHOMA CITY–(BUSINESS WIRE)–Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, ranked in the top 10 for Best Company Culture, Best Compensation and Best CEO in awards from Comparably, an employee review and salary platform.

Paycom topped this year’s rankings of Best Companies for Compensation and Best Company Culture as the No. 1 large company in both categories. Paycom founder, CEO and chairman Chad Richison also ranked No. 9 among Best CEOs.

“Awards like these are especially impactful to Paycom because the recognition is based solely on feedback from our current employees,” Richison said.

Paycom offers competitive compensation and generous benefits to its employees, including $1-per-pay-period individual health insurance, 401(k) with matching, paid family leave, company-provided $50,000 basic life insurance and pet insurance. One Paycom employee told Comparably, “The benefits package is robust and offers so many resources to employees. The benefits and pay are the best I’ve experienced in my career so far.”

Comparably Awards are based on sentiment feedback from current employees who anonymously rated their employers on Comparably’s website during a 12-month period. Recognized companies were determined by the following criteria:

  • Best Company Culture: generated by 16 core culture metrics within compensation, career growth, leadership and work environment categories.

  • Best CEOs: employee sentiment rating of CEO.

  • Best Compensation: overall satisfaction with compensation package (salary, raises, bonuses, stock/equity and benefits).

A Paycom employee from the Operations department spoke highly of Paycom’s culture in a Comparablyreview, writing, “From teammates to managers, supervisors and even the company as a whole, Paycom offers a positive and supportive environment where upward mobility and professional growth is accessible to anyone who wants it and is willing to put in the effort to get it.”

Paycom earned additional accolades from Comparably earlier this year, including Best Work-Life Balance, Best Perks & Benefits, Best Company Happiness, Best Company for Career Growth, Best Company Leadership, Best Company Outlook and Best Sales Team.

To learn more about employment opportunities at Paycom, visit paycom.com/careers.

About Paycom

For over 25 years, Paycom Software, Inc. (NYSE: PAYC) has simplified businesses and the lives of their employees through easy-to-use HR and payroll technology to empower transparency through direct access to their data. From onboarding and benefits enrollment to talent management and more, Paycom’s employee-first technology leverages full-solution automation to streamline processes, drive efficiencies and give employees power over their own HR information, all in a single app. Paycom’s single database combines all HR and payroll data in one place, providing a seamless and accurate experience without the errors and inefficiencies associated with integrating multiple systems. Recognized nationally for its technology and workplace culture, Paycom serves businesses of all sizes in the U.S. and internationally.

Larisha Hunter

[email protected]

KEYWORDS: Oklahoma United States North America

INDUSTRY KEYWORDS: Software Technology Professional Services Human Resources

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Elastic Announces Elasticsearch Logsdb Index Mode to Reduce Log Data Storage Footprint by Up to 65%

Elastic Announces Elasticsearch Logsdb Index Mode to Reduce Log Data Storage Footprint by Up to 65%

Security and observability teams now benefit from reduced storage expenses and longer log retention to support their threat hunting, incident response, and compliance requirements

SAN FRANCISCO–(BUSINESS WIRE)–Elastic (NYSE: ESTC), the Search AI Company, announced the general availability of Elasticsearch logsdb index mode. This latest innovation in log management reduces the storage footprint of log data by up to 65% compared to recent versions of Elasticsearch without logsdb index mode. Now, security and observability teams have increased visibility while keeping all data immediately accessible for analysis.

“Logs are critical for detection and remediation, but the growing log volume generated by infrastructure and applications is driving up costs and forcing compromises that hinder analysis,” said Ken Exner, chief product officer at Elastic. “Logsdb index mode reduces the disk footprint and overall cost of storing log data with features including smart index sorting, synthetic source and advanced compression.”

Logsdb index mode optimizes data ordering, eliminates duplication by reconstructing non-stored field values with synthetic _source, and improves compression with advanced algorithms and codecs. Key benefits include:

  • Reduced costs: enables organizations to reduce storage expenses while retaining more data, saving costs across all storage tiers.
  • Preservation of valuable data: retains all log data using features like synthetic _source, improving operational efficiency without relying on extra tools or filters.
  • Expanded visibility: provides access to all data on one platform without separate silos for various data, accelerating problem resolution, investigation, and remediation for site reliability engineers (SREs) and security operations center (SOC) teams.
  • Streamlined access to data: retains actionable data efficiently, enabling troubleshooting, trending and analysis for SRE teams, and allows SOC teams to swiftly search all of their data for investigation and threat hunting.

Availability

Logsdb index mode is generally available for Cloud Hosted and Self-Managed customers starting in version 8.17 and is enabled by default for logs in Elastic Cloud Serverless.

Basic logsdb index mode capabilities are available to organizations with Standard, Gold, and Platinum licenses. Complete logsdb index mode capabilities are available to Serverless customers as well as organizations with an Enterprise license.

Read the blog to learn how to get started, or start your free trial now.

About Elastic

Elastic (NYSE: ESTC), the Search AI Company, enables everyone to find the answers they need in real-time using all their data, at scale. Elastic’s solutions for search, observability, and security are built on the Elastic Search AI Platform, the development platform used by thousands of companies, including more than 50% of the Fortune 500. Learn more at elastic.co.

Elastic and associated marks are trademarks or registered trademarks of Elastic N.V. and its subsidiaries. All other company and product names may be trademarks of their respective owners.

Media Contact

Elastic PR

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Data Management Technology Software Networks Artificial Intelligence Internet

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FACT II Acquisition Corp. Announces the Separate Trading of Its Class A Ordinary Shares and Warrants, Commencing on December 20, 2024

NEW YORK, NY, Dec. 13, 2024 (GLOBE NEWSWIRE) — FACT II Acquisition Corp. (Nasdaq: FACTU) (the “Company”) today announced that, commencing on December 20, 2024, holders of the units (the “Units”) sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares (the “Ordinary Shares”) and warrants (the “Warrants”) included in the Units.

The Ordinary Shares and Warrants received from the separated Units will trade on the Nasdaq Global Market (“Nasdaq”) under the symbols “FACT” and “FACTW”, respectively. Units that are not separated will continue to trade on Nasdaq under the symbol “FACTU”. No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade. Holders of Units will need to have their brokers contact Odyssey Transfer and Trust Company, the Company’s transfer agent, in order to separate the Units into Ordinary Shares and Warrants.

The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination opportunity in any industry or sector but intends to focus its search on a target business with a management team who has demonstrated clear operating expertise over the past two years, with a focus on growing revenues, while operating with demonstrated control over operating costs and preservation of cash.

The Units were initially offered by the Company in an underwritten offering. Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, acted as lead book-running manager, and Seaport Global Securities acted as joint book runner. Copies of the prospectus relating to the offering may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: [email protected].

The registration statement relating to the securities of the Company was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on November 25, 2024. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward Looking Statements

This press release contains statements that constitute “forward-looking statements” that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Forward-looking statements are subject to numerous risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and final prospectus for the Company’s initial public offering filed with the SEC, which could cause actual results to differ from forward-looking statements. Copies of these documents are available on the SEC’s website, at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. No assurance can be given that the Company will ultimately complete a business combination transaction.

Contact

Adam Gishen

FACT II Acquisition Corp.

Email: [email protected]
Website: https://freedomac2.com/



MoneyHero Group Announces Resignation of Chief Financial Officer

Senior finance executive Danny Leung, the Company’s Group Finance Director, named interim CFO

MoneyHero launches formal search process for its next permanent CFO, supported by leading global executive search advisors

SINGAPORE, Dec. 13, 2024 (GLOBE NEWSWIRE) — MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a market leading personal finance aggregation and comparison platform in Greater Southeast Asia, today announced the resignation of Hao Qian, the Company’s Chief Financial Officer (“CFO”), effective December 15, 2024. In connection with this development, the Company and its Board of Directors have appointed Danny Leung, MoneyHero’s Group Finance Director, to serve as its interim CFO throughout this transitional period.

“We thank Hao for his many contributions and support his personal decision to step down and move back to China to be closer to his family,” said Rohith Murthy, CEO of MoneyHero. “During his tenure with us, Hao helped MoneyHero further improve its finance and accounting functions to better-position the business for continued growth, profitability, and life as a U.S. listed company. This includes restructuring our teams, cutting costs, and streamlining our revenue streams. On behalf of everyone at MoneyHero, I want to wish him well in his next chapter. Importantly, I also want to congratulate Danny Leung on being named MoneyHero’s new interim CFO. This is the right appointment for this role, and our executive leadership team and Board of Directors look forward to working more closely with Danny throughout this transition and search process for our next permanent CFO.”

A senior finance and accounting executive with more than two decades of diverse experience across growth-stage businesses, multinational organizations, and publicly traded companies, Mr. Leung joined MoneyHero in 2024 as the Company’s Group Director of Finance, charged with helping to build and manage the Company’s financial systems. Prior to joining MoneyHero, Mr. Leung was the Senior Financial Controller of Marga Group, where he worked closely with the Chairman and CEO to oversee financial operations and drive growth within the telecommunications and property development sectors. Before Marga Group, Mr. Leung was a Financial Controller with Kontafarma China Holdings Ltd, where he helped the business aggressively, but prudently expand through numerous successful acquisitions. He started his career as Internal Audit Manager with Lee Kum Kee, and earlier as an Audit Manager with the global consulting firm, Deloitte Touche Tohmatsu. Mr. Leung holds a B.A. in accounting from the University of Toronto and an MBA from the University of Hong Kong. He will work closely with the Company’s executive team, Board of Directors, and Audit Committee in the coming weeks to ensure a seamless transition of the CFO role and responsibilities.

“It has been an honor to serve as the CFO of MoneyHero,” said Mr. Qian, outgoing CFO of MoneyHero. “Moving on from this dynamic team and growing company was a very difficult decision, but it is necessary for me at this time. This said, I am confident I am leaving MoneyHero in great hands under the incredible leadership of Rohith and the Board of Directors, who have built a world-class organization and fintech disrupter that is well-positioned for continued success.”

To help identify its next permanent CFO, MoneyHero, which has a long and proven track record of attracting and retaining top talent, has engaged leading global executive search advisors to launch a formal search process.

For more information about MoneyHero, including information for investors and learning about career opportunities, please visit www.MoneyHeroGroup.com.

About MoneyHero Group

MoneyHero Limited (NASDAQ: MNY) is a market leader in the online personal finance and digital insurance aggregation and comparison sector throughout Greater Southeast Asia. The Company operates in the emerging markets of Singapore, Hong Kong, Taiwan, and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax, and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. Enterprise-wide, MoneyHero had over 270 commercial partner relationships as of September 30, 2024, and had approximately 7.4 million Monthly Unique Users across its platform for the three months ended 30, 2024. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

For investor and media inquiries, please contact:

Investor Relations:

MoneyHero IR Team
[email protected]

Media Relations:

Gaffney Bennett PR
[email protected]



Amarin Appoints Peter Fishman Chief Financial Officer

Fishman Previously Served as Global Controller and Principal Financial & Accounting Officer for the Company

DUBLIN and BRIDGEWATER, N.J., Dec. 13, 2024 (GLOBE NEWSWIRE) — Amarin Corporation plc (NASDAQ:AMRN) today announced that Peter Fishman has been appointed as Chief Financial Officer for the Company, effective immediately. He will be responsible for leading Amarin’s global finance organization and will report directly to the Company’s Chief Executive Officer, Aaron Berg. Most recently, Mr. Fishman served as the Company’s Global Controller and principal financial and accounting officer.

“Pete brings tremendous experience to his new role at Amarin, including most recently as a trusted advisor to our leadership team serving as principal financial and accounting officer for the Company,” said Aaron Berg, President & CEO, Amarin. “I am confident that he will play an important role in helping to spearhead the Company’s financial and business strategy as we move forward.”

Mr. Fishman has nearly 20 years of experience in various finance areas including accounting, financial reporting, treasury, tax and audit as well as building and leading global finance teams. Mr. Fishman has served as the Company’s principal financial and accounting officer since October 2024, and as Vice President & Global Controller since October 2022. Previously, he held roles of increasing responsibility within Amarin’s Finance team since 2019. During his time at Amarin, Mr. Fishman has been an integral part of the Company’s previous financing efforts as well as the Company’s current cash management strategy. In addition, Mr. Fishman has been involved in numerous complex transactions while with the Company. Earlier in his career, Mr. Fishman held roles in financial reporting and technical accounting at Toys R Us. Mr. Fishman began his career at Ernst & Young serving several pharmaceutical clients.

Mr. Fishman holds a Bachelor of Arts degree in accounting from American University, a Masters of Business Administration degree from Rowan University and is a certified public accountant.

Forward-Looking Statements

This press release contains forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including beliefs about Amarin’s key achievements in 2023 and the potential impact and outlook for achievements in 2024 and beyond; Amarin’s 2024 financial outlook and cash position; Amarin’s overall efforts to expand access and reimbursement to VAZKEPA across global markets; and the overall potential and future success of VASCEPA/VAZKEPA and Amarin generally. These forward-looking statements are not promises or guarantees and involve substantial risks and uncertainties. A further list and description of these risks, uncertainties and other risks associated with an investment in Amarin can be found in Amarin’s filings with the U.S. Securities and Exchange Commission, including Amarin’s quarterly report on Form 10-Q for the period ending September 30, 2024 and annual report on Form 10-K for the full year ended 2023. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Amarin undertakes no obligation to update or revise the information contained in its forward-looking statements, whether as a result of new information, future events or circumstances or otherwise. Amarin’s forward-looking statements do not reflect the potential impact of significant transactions the company may enter into, such as mergers, acquisitions, dispositions, joint ventures or any material agreements that Amarin may enter into, amend or terminate.

Availability of Other Information About Amarin

Investors and others should note that Amarin communicates with its investors and the public using the company website (www.amarincorp.com), the investor relations website (www.amarincorp.com/investor-relations), including but not limited to investor presentations and investor FAQs, U.S. Securities and Exchange Commission filings, press releases, public conference calls and webcasts. The information that Amarin posts on these channels and websites could be deemed to be material information. As a result, Amarin encourages investors, the media, and others interested in Amarin to review the information that is posted on these channels, including the investor relations website, on a regular basis. This list of channels may be updated from time to time on Amarin’s investor relations website and may include social media channels. The contents of Amarin’s website or these channels, or any other website that may be accessed from its website or these channels, shall not be deemed incorporated by reference in any filing under the Securities Act of 1933.

Amarin Contact Information

Investor & Media Inquiries:   
Mark Marmur 
Amarin Corporation plc   
[email protected]



NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for December 2024 and Availability of 19(a) Notice

NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for December 2024 and Availability of 19(a) Notice

NEW YORK–(BUSINESS WIRE)–
NYLI CBRE Global Infrastructure Megatrends Term Fund (the “Fund”) (NYSE: MEGI) today announced the Fund’s monthly distributions for December 2024 of $0.1250 per common share. The Fund’s current annualized distribution rate is 11.30% based upon the closing price of $13.28 on December 11, 2024, and 10.16% based upon the Fund’s closing NAV of $14.77 as of the same date.

Dividend Distribution Schedule:

 

Ex-Dividend Date

Record Date

Payable Date

December

12-23-2024

12-23-2024

12-31-2024

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Distribution Policy.

Future earnings of the Fund cannot be guaranteed, and the Fund’s distribution policy is subject to change. For more information on the Fund, please visit the Fund’s website here.

The Fund’s monthly distribution is set by its Board of Trustees. The Board reviews the Fund’s distribution on a quarterly basis in view of its net investment income, realized and unrealized gains, and other net unrealized appreciation or income expected during the remainder of the year. The Fund strives to establish a level monthly distribution that, over the course of the year, will serve to distribute an amount closely approximating the Fund’s net investment income and net realized capital gains during the year.

The following table sets forth the estimated sources of income of the current distribution, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. All amounts are expressed on a per share of common stock basis and as a percentage of the distribution amount.

Data as of 12/31/2024

Source

Current

Distribution per

Share

Percent of

Current

Distribution

Fiscal YTD

Cumulative

Distribution per Share

Fiscal YTD Percent of

Total Cumulative

Distributions

Net Investment Income

$0.1001

80%

$0.6015

69%

Net Realized Short-Term Capital Gains

$0.0249

20%

$0.1972

22%

Net Realized Long-Term Capital Gains

$0.0000

0%

$0.0763

9%

Return of Capital or Other Capital Sources

$0.0000

0%

$0.0000

0%

Total per Share

$0.1250

100%

$0.8750

100%

 

 

Fund Performance and Distribution Rate Information as of 11/30/2024

 

Average annual total return1 (in relation to the net asset value (NAV))

– 0.75%

Annualized current distribution rate expressed as a percentage of month end NAV as of

11/30/2024

9.87%2

Cumulative total return3 (in relation to NAV (not annualized)) for the fiscal period ending

11/30/2024

6.66%

Cumulative fiscal year distribution rate as a percentage of NAV as of 11/30/2024

4.94%4

1.

Represents the annualized total return in relation to the change in NAV from inception (10/27/2021) through 11/30/2024.

2.

Represents the current monthly distribution rate annualized as a percentage of NAV as of 11/30/2024.

3.

Represents the cumulative total return in relation to the change in NAV for the current fiscal period 6/1/2024 through 11/30/2024.

4.

Represents the cumulative distribution rate for the current fiscal period 6/1/2024 through 11/30/2024, which is determined by dividing the dollar value of distributions in the period by the NAV as of 11/30/2024.

There is no assurance the Fund will continue to pay regular monthly distributions or that it will do so at a particular rate.

You should not draw any conclusions about the Fund’s investment performance from the amount of its distribution to shareholders.

Any distributions in excess of the Fund’s current and accumulated earnings and profits will be treated first, as a tax-deferred return of capital, which is applied against and will reduce the adjusted tax basis of shares and, after such adjusted basis is reduced to zero, will generally constitute capital gains. A return of capital distribution may lower a shareholder’s basis in the Fund, causing a potential future tax consequence in connection with the sale of Fund shares, even if such shares are sold at a loss to the shareholder’s initial investments.

Any amounts and sources of distributions are only estimated and are not being provided for tax reporting purposes. The actual amounts and sources of income of the amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV for the calendar year that will advise how to report these distributions for federal income tax purposes.

The Fund is a closed-end fund, which is traded on the New York Stock Exchange and invests primarily in income-producing equity securities issued by infrastructure companies. Holdings are subject to change. Past performance is no guarantee of future results.

The Fund’s daily New York Stock Exchange closing prices, net asset values per share, as well as other information are available by clicking here or by calling the Fund’s shareholder servicing agent at (855) 456-9683.

Before considering an investment in the Fund, you should understand that you could lose money. There are risks inherent in all investments.

For more information about the Fund, including specific risks, please visit our website here.

About New York Life Investments

With over $750 billion in assets under management as of September 30, 2024, New York Life Investments, a Pensions & Investments’ Top 30 Largest Money Manager*, is comprised of the affiliated global asset management businesses of its parent company, New York Life Insurance Company, and offers clients access to specialized, independent investment teams through its family of affiliated boutiques. New York Life Investments remains committed to clients through a combination of the diverse perspectives of its boutiques and a long-lasting focus on sustainable relationships.

*New York Life Investment Management ranked 26th largest institutional investment manager in Pensions & InvestmentsLargest Money Managers 2024 published June 2024, based on worldwide institutional AUM as of 12/31/23. No direct or indirect compensation was paid for the creation and distribution of this ranking.

About CBRE Investment Management

CBRE Investment Management Listed Real Assets LLC is the listed real assets arm of CBRE Investment Management, a leading global real assets investment management firm with $148.3 billion in assets under management* as of September 30, 2024, operating in more than 30 offices and 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.

CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.

*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.

This press release is not an offer to sell securities and is not a solicitation of an offer to buy securities, nor will there be any sales of securities in any jurisdiction where the offer or sale is not permitted.

New York Life Investment Management LLC engages the services of SEC-registered advisors. CBRE Investment Management Listed Real Assets (CBRE Investment Management) is unaffiliated with New York Life Investment Management LLC. “New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company. Securities distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, Member FINRA/SIPC.

Media:

New York Life Investments:

Sara Guenoun

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Asset Management Professional Services Finance

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Know Labs, Inc. Announces $300K Registered Direct Offering

Know Labs, Inc. Announces $300K Registered Direct Offering

SEATTLE–(BUSINESS WIRE)–Know Labs, Inc. (NYSE American: KNW) (the “Company”), a leading developer of non-invasive medical diagnostic technology, today announced the pricing of a registered direct offering with gross proceeds to the company of  $300K before deducting placement agent fees and other estimated expenses payable by the Company.

This was a unit offering comprised of one share of stock and one warrant. The purchase price of the unit was $0.24 a share and the warrant is exercisable at $0.24. The warrants will expire on the fifth anniversary of the warrant issuance. The warrants also have a cashless exercise option in certain circumstances. This was a registered direct offering priced at-the-market under NYSE American rules.

The offer and sale of the units is being made pursuant to the Company’s effective shelf registration statement on Form S-3 (File No. 333-276246) (the “Registration Statement”) filed with the U.S. Securities and Exchange Commission (“SEC”) on December 22, 2023 and declared effective by the SEC on January 11, 2024, as supplemented by a prospectus supplement dated December 13, 2024 and filed with the SEC pursuant to Rule 424(b) (the “Prospectus Supplement”) under the Securities Act of 1933, as amended (the “Securities Act”). The offering of the units is being made only by means of the Prospectus Supplement that forms a part of the effective Registration Statement. A final Prospectus Supplement and the accompanying base prospectus relating to the units being offered in the registered direct offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the final Prospectus Supplement and the accompanying base prospectus may also be obtained, when available, from Know Labs, Inc. Attn: Secretary at 619 Western Avenue, Suite 610, Seattle, WA 98104, by phone at (206) 903-1351 or e-mail at [email protected].

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

Further information can be found in Know Labs, Inc.’s Form 8-K filing with the Securities and Exchange Commission expected on or about Monday, December 16, 2024.

For more information on Know Labs, visit www.knowlabs.co.

About Know Labs, Inc.

Know Labs, Inc. is a public company whose shares trade on the NYSE American Exchange under the stock symbol “KNW.” The Company’s platform technology uses spectroscopy to direct electromagnetic energy through a substance or material to capture a unique molecular signature. The technology is designed to be able to integrate into a variety of wearable, mobile, bench-top or other form factors. The Company believes that this patented and patent-pending technology makes it possible to effectively identify and monitor analytes that could only previously be performed by invasive and/or expensive and time-consuming lab-based tests. The Company’s technology is applicable to many diverse fields of use. The Company’s first expected application of the technology will be in a product marketed as a non-invasive glucose monitor. The device is designed to provide the user with accessible and affordable real-time information on blood glucose levels. This product will require U.S. Food and Drug Administration clearance prior to its introduction to the market.

Safe Harbor Statement

This release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Know Labs, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy; and (iv) performance of products. You can identify these statements by the use of the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Know Labs, Inc.’s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. These risks and uncertainties also include such additional risk factors as are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended September 30, 2024, Forms 10-Q and 8-K, and in other filings we make with the Securities and Exchange Commission from time to time. These documents are available on the SEC Filings section of the Investor Relations section of our website at www.knowlabs.co. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

Know Labs, Inc. Contact:

Email: [email protected]

Ph. (206) 903-1351

KEYWORDS: Washington United States North America

INDUSTRY KEYWORDS: Wearables/Mobile Technology Technology Medical Devices Other Technology Health Technology Other Health Biometrics Biotechnology General Health Health

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Walgreens Launches Inaugural Patient Advisory Board to Advance Access and Representation in Clinical Research

Walgreens Launches Inaugural Patient Advisory Board to Advance Access and Representation in Clinical Research

The Walgreens Patient Advisory Board will collaborate with the Walgreens Clinical Trials team to provide insights aimed at increasing representation in clinical trials.

DEERFIELD, Ill.–(BUSINESS WIRE)–
With a history of more than 120 years serving communities across the country, Walgreens prides itself in being a trusted retail pharmacy partner for more than 9 million patients and customers it serves each day. Walgreens is amplifying its commitment to its patients and partners through the formation of the Walgreens Clinical Trials Patient Advisory Board. Since its launch in June 2022, the Walgreens Clinical Trials team has reached more than 7 million patients to potentially recruit into sponsor-led clinical trials. As the team continues expanding its scope and raising awareness about the importance of community-centered clinical research, the Patient Advisory Board members will offer key patient insights that are an invaluable resource to the delivery and advancement of clinical trials.

The inaugural Patient Advisory Board consists of 10 patient experts who will leverage both lived and learned experiences to inform clinical trial recruitment and retention efforts to increase access and representation in clinical research in communities that have historically been excluded. Ramita Tandon, chief biopharma services officer, is standing up the Board as part of Walgreens’ commitment to bringing community-based clinical research to more people that may benefit from it.

“I am proud to engage with our inaugural cohort of Patient Advisory Board members to increase awareness and representation in clinical trials. Only 5% of the U.S. population participates in clinical trials and nearly 80% of trials fail to meet their enrollment goals, often contributing to delays in bringing new medications to patients,” said Tandon. “Our Patient Advisory Board members will help inform how we approach our sponsor-led clinical trials to better serve our patients and partners.”

With increasing regulatory focus on incorporating patients’ perspectives in medical product development,1,2 and the growth of precision medicine,3 now more than ever, it’s important to engage with patients and individuals who have had experience with clinical research as their lived experiences offer an opportunity to continue improving clinical trials to best serve patients.

Walgreens Clinical Trials Patient Advisory Board members will commit to serve a 2-year term and will offer ongoing counsel, diverse thinking and expertise to inform Walgreens Clinical Trials efforts.

Learn more about Walgreens Clinical Trials here. ​

About Walgreens ​

Founded in 1901, Walgreens (www.walgreens.com) has a storied heritage of caring for communities for generations, and proudly serves nearly 9 million customers and patients each day across its approximately 8,500 stores throughout the U.S. and Puerto Rico, and leading omni-channel platforms. Walgreens has approximately 220,000 team members, including nearly 90,000 healthcare service providers, and is committed to being the first choice for retail pharmacy and health services, building trusted relationships that create healthier futures for customers, patients, team members and communities.​

Walgreens is the flagship U.S. brand of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), an integrated healthcare, pharmacy and retail leader. Its retail locations are a critical point of access and convenience in thousands of communities, with Walgreens pharmacists playing a greater role as part of the healthcare system and patients’ care teams than ever before. Walgreens Specialty Pharmacy provides critical care and pharmacy services to millions of patients with rare disease states and complex, chronic conditions.

  1. Patient Engagement Collaborative. https://www.fda.gov/patients/learn-about-fda-patient-engagement/patient-engagement-collaborative
  2. Patient-Focused Drug Development: Workshop to Discuss Methodologic and Other Challenges Related to Patient Experience Data. December 13, 2024 https://www.fda.gov/drugs/news-events-human-drugs/patient-focused-drug-development-workshop-discuss-methodologic-and-other-challenges-related-patient
  3. https://www.biospace.com/press-releases/precision-medicine-market-size-to-reach-usd-470-53-billion-by-2034

Carmen Lopez

Walgreens Media Relations

[email protected]

KEYWORDS: Illinois United States North America

INDUSTRY KEYWORDS: Research Discount/Variety Clinical Trials Convenience Store Biotechnology Health Pharmaceutical Retail Science

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RLJ Lodging Trust Announces Dividends for Fourth Quarter of 2024

RLJ Lodging Trust Announces Dividends for Fourth Quarter of 2024

BETHESDA, Md.–(BUSINESS WIRE)–
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share of beneficial interest. The dividend is payable on January 15, 2025, to shareholders of record as of December 31, 2024.

The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company’s Series A Preferred Shares. The dividend is payable on January 31, 2025, to shareholders of record as of December 31, 2024.

About Us

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels.

Forward Looking Statements

This information contains certain statements, other than purely historical information, including estimates, projections, statements relating to the Company’s business plans, objectives and expected operating results, and the assumptions upon which those statements are based, that are “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally are identified by the use of the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “plan,” “may,” “will,” “will continue,” “intend,” “should,” “may,” or similar expressions. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, beliefs and expectations, such forward-looking statements are not predictions of future events or guarantees of future performance and our actual results could differ materially from those set forth in the forward-looking statements. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company cautions investors not to place undue reliance on these forward looking statements and urges investors to carefully review the disclosures the Company makes concerning risks and uncertainties in the sections entitled “Risk Factors,” “Forward- Looking Statements,” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Annual Report, as well as risks, uncertainties and other factors discussed in other documents filed by the Company with the Securities and Exchange Commission.

For additional information or to receive press releases via email, please visit our website: http://www.rljlodgingtrust.com

Sean M. Mahoney, Executive Vice President and Chief Financial Officer – (301) 280-7774

KEYWORDS: District of Columbia Maryland United States North America

INDUSTRY KEYWORDS: REIT Other Construction & Property Lodging Construction & Property Travel

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