Market Newsdesk

NEW YORK, Sept. 9, 2021 /PRNewswire/ — Wheels Up (NYSE:UP) today announced that members of its executive management team will present at the Raymond James Consumer Conference on Tuesday, September 14, 2021. The presentation will begin at approximately 9:20 AM ET. Wheels Up management will also be available for 1×1 investor meetings.

The presentation will be webcast live and can be accessed via this link or by visiting the Events & Presentations page of our Investor Relations website.

About Wheels Up 
Wheels Up Experience Inc. (“Wheels Up”), a leading demand generator in private aviation, offers a total private aviation solution that includes world-class safety, service, and flexibility through on-demand flights, membership programs, corporate solutions, aircraft management, whole aircraft sales, and commercial travel benefits through a strategic partnership with Delta Air Lines. Wheels Up, which was founded and is led by renowned entrepreneur Kenny Dichter, is uniquely positioned to offer its Customers and Members access to over 1,500 safety-vetted and verified aircraft.

Through the Wheels Up App anyone can search, book, and fly. Wheels Up Connect, Core, and Business memberships provide enhancements such as flight sharing, empty-leg Hot Flights, Shuttle Flights, Shared Flights, signature Wheels Down events, and exclusive member benefits from preeminent lifestyle brands. The Company’s ongoing Wheels Up Cares program aligns with philanthropic organizations and initiatives that affect and matter to the Company and its customers, members, stakeholders, families, and friends. The Wheels Up Cares fleet is comprised of five custom painted Beechcraft King Air 350i aircraft; each plane serves as a flying symbol for a specific cause.

All Wheels Up flights are operated by the Company’s DOT/FAA-authorized air carrier subsidiaries (Wheels Up Private Jets LLC, Gama Aviation LLC, Mountain Aviation LLC, Sterling Aviation LLC, and TWC Aviation LLC) or by an approved vendor air carrier that has undergone a comprehensive safety assessment.

Contacts
Investors:
[email protected]

Media:
JONESWORKS:
[email protected]

View original content:https://www.prnewswire.com/news-releases/wheels-up-to-present-at-the-upcoming-raymond-james-consumer-conference-301372791.html

SOURCE Wheels Up

FORT COLLINS, Colo., Sept. 2, 2021 /PRNewswire/ — Statera BioPharma, Inc. (Nasdaq: STAB), a leading biopharmaceutical company creating next-generation immune therapies that focus on immune restoration and homeostasis, today announced that President and CEO Michael K. Handley and other members of the management team will ring the Nasdaq Closing Bell on Thursday, September 2, 2021.

The Closing Bell ceremony will be broadcast live starting at 3:45 p.m. ET from the Nasdaq MarketSite Tower in New York City. To view the broadcast, visit https://livestream.com/nasdaq/live or http://Facebook.com/Nasdaq.

Mr. Handley stated, “This is a great day for Statera BioPharma, and it is our honor to ring the Nasdaq Closing Bell commemorating our new corporate name, taken from the Latin word for “balance,” and our new ticker symbol “STAB.” This is the latest event in what has been a transformative year for our company. We recently emerged as a public company following the completion of a reverse merger in July with multiple development programs and one of the largest platforms of toll-like receptors in the biopharmaceuticals industry. We are very excited for our patients, shareholders and about our future.”

Formerly known as Cytocom, Inc., Statera emerged as a publicly traded entity following the reverse merger between the former Cleveland BioLabs and the formerly private Cytocom Inc., which was completed on July 27, 2021.

About Statera Biopharma 
Statera Biopharma (formerly Cytocom, Inc.) is a clinical-stage biopharmaceutical company developing novel immunotherapies targeting autoimmune, neutropenia/anemia, emerging viruses and cancers based on a proprietary platform designed to rebalance the body’s immune system and restore homeostasis. Statera has one of the largest platforms of toll-like receptor (TLR) agonists in the biopharmaceutical industry with TLR4 and TLR9 antagonists, and the TLR5 agonists, Entolimod and GP532. TLRs are a class of protein that plays a key role in the innate immune system. Statera is developing therapies designed to directly elicit within patients a robust and durable response of antigen-specific killer T-cells and antibodies, thereby activating essential immune defenses against autoimmune, inflammatory, infectious diseases, and cancers. Statera has clinical programs for Crohn’s disease (STAT-201), hematology (Entolimod), pancreatic cancer (STAT-401) and COVID-19 (STAT-205) in addition to expansion into fibromyalgia and multiple sclerosis. To learn more about Statera Biopharma, please visit www.staterabiopharma.com.

Forward Looking Statements:

This press release contains forward-looking statements that involve risks and uncertainties. All statements other than statements of current or historical fact contained in this press release, including statements regarding the Company’s expected clinical development timeline for the Company’s product candidates, future financial position, business strategy, new products, budgets, liquidity, cash flows, projected costs, regulatory approvals, the impact of any laws or regulations applicable to the company, and plans and objectives of management for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “should,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements on the current expectations about future events held by management. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond the Company’s control. The company’s actual future results may differ materially from those discussed here for various reasons. The Company discusses many of these risks under the heading “Risk Factors” in the proxy statement/prospectus filed with the SEC on June 10, 2021, as updated by the company’s other filings with the SEC. Factors that may cause such differences include, but are not limited to, the outcome of any legal proceedings that have been or may be instituted against the company related to the merger between Cleveland BioLabs and Cytocom; unexpected costs, charges or expenses resulting from the merger; the Company’s need for additional financing to meet the Company’s business objectives; the Company’s history of operating losses; the Company’s ability to successfully develop, obtain regulatory approval for, and commercialize the Company’s products in a timely manner; the Company’s plans to research, develop and commercialize the Company’s product candidates; the Company’s ability to attract collaborators with development, regulatory and commercialization expertise; the Company’s plans and expectations with respect to future clinical trials and commercial scale-up activities; the Company’s reliance on third-party manufacturers of the Company’s product candidates; the size and growth potential of the markets for the Company’s product candidates, and the Company’s ability to serve those markets; the rate and degree of market acceptance of the Company’s product candidates; regulatory requirements and developments in the United States, the European Union and foreign countries; the performance of the Company’s third-party suppliers and manufacturers; the success of competing therapies that are or may become available; the Company’s ability to attract and retain key scientific or management personnel; the Company’s historical reliance on government funding for a significant portion of the Company’s operating costs and expenses; government contracting processes and requirements; the exercise of significant influence over the Company’s company by the Company’s largest individual stockholder; the impact of the novel coronavirus (“COVID-19”) pandemic on the Company’s business, operations and clinical development; the geopolitical relationship between the United States and the Russian Federation as well as general business, legal, financial and other conditions within the Russian Federation; the Company’s ability to obtain and maintain intellectual property protection for the Company’s product candidates; the Company’s potential vulnerability to cybersecurity breaches; and other factors discussed in the Company’s SEC filings, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 and the risk factors discussed under the heading “Risk Factors” in the proxy statement/prospectus the company filed in connection with the merger on June 10, 2021.

Given these uncertainties, you should not place undue reliance on these forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. We do not undertake any obligation to update any such statements or to publicly announce the results of any revisions to any of such statements to reflect future events or developments.

Contacts:
Statera BioPharma
Nichol Ochsner
Executive V.P. Investor Relations and Corporate Communications
(732) 754-2545
[email protected]

Tiberend Strategic Advisors, Inc.

 

Maureen McEnroe, CFA (Investors) 
(212) 375-2664 
[email protected]

Johanna Bennett (Media) 
(212) 375-2686
[email protected] 

View original content to download multimedia:https://www.prnewswire.com/news-releases/statera-biopharma-inc-to-ring-nasdaq-stock-market-closing-bell-301372790.html

SOURCE Statera BioPharma, Inc.

SUNNYVALE, Calif., Sept. 9, 2021 /PRNewswire/ —  Uplift, the leading enterprise Buy Now, Pay Later (BNPL) solution serving the world’s top travel brands, and KAYAK, the world’s leading travel search engine, have deepened their partnership to provide travelers with greater payment flexibility when booking travel on KAYAK. Expanding on Uplift’s existing payment options, starting this fall, KAYAK users will have the added benefit of paying in interest-free monthly installments on select flights through the end of the year.

As BNPL becomes a bigger part of the mainstream payment option for travel purchases, KAYAK will expand its Uplift offering from desktop only to the mobile web and app booking experience. Now, travelers will enjoy even greater payment flexibility with interest-free installment options available for a limited time, a lower minimum transaction amount of just $100, and $0 down at booking.

“Buy Now, Pay Later opens up more opportunities for travelers to sign up for a payment plan and get a trip on the books now,” said Steve Sintra, GM and VP of KAYAK. “By giving travelers more flexibility with their payment options, they can now book that bucket list trip we all need in small installments on KAYAK.”

KAYAK compares hundreds of flight, stay and car options in one place to help travelers find the best deal. The site also offers budget-friendly product features like Price Forecast (so you know when it’s least expensive to book), Price Alerts (so you never miss a good deal) and Explore (so you know where to go within your budget).

Uplift’s monthly payments are available across many of KAYAK’s leading airline partners.

Interest-free installments will be available for a limited time on select airline partners across all KAYAK booking channels including mobile app and mobile web. Customers will see the total cost of their trip at the time of booking along with the interest-free monthly payment amount, making it easy to budget for and experience the vacation they deserve. There are no late fees or prepayment penalties and customers can travel even before they are finished making their payments.

“We are honored to have partnered with KAYAK and are excited to expand our relationship further,” said Tom Botts, Chief Commercial Officer for Uplift. “With the addition of interest-free installments, KAYAK customers can feel even more confident about their decision to book now and pay over time.”

Uplift partners with more than 200 of the world’s leading airlines, cruise lines, resorts, and other major travel brands to offer BNPL payment options that help people make meaningful purchases and get the most out of their travel experiences.

About KAYAK
KAYAK, part of Booking Holdings (NASDAQ: BKNG), is the world’s leading travel search engine. With billions of queries across our platforms, we help people find their perfect flight, stay, rental car, cruise, vacation package. We also support business travelers with KAYAK for Business, our free corporate travel solution and are transforming the in-travel experience with our app and new hotel and accommodation software. For more information, visit www.KAYAK.com.

About Uplift

Uplift is the leading Buy Now, Pay Later solution that empowers people to get more out of life, one thoughtful purchase at a time. Serving the world’s top enterprise level travel brands, Uplift’s complete range of flexible payment options drive higher conversion and loyalty for partners, while giving customers a simple, surprise-free way to pay overtime with no late or early payment fees. Uplift is currently available throughout the United States and Canada. To learn more, visit Uplift.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/book-a-trip-pay-for-it-later-as-uplift-expands-partnership-with-kayak-301372785.html

SOURCE UpLift

WASHINGTON, Sept. 9, 2021 /PRNewswire/ — Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, and OneWeb, the low Earth orbit satellite communications company, today announced that they have signed a distribution agreement in the U.S. focused on enterprise services. In India, the parties have entered into an MOU for a strategic agreement to distribute services to large enterprises, small and medium businesses, government, telcos and ISPs, including in the rural and remote parts of the country. Services will be offered by Hughes Network Systems, LLC, and Hughes Communications India Private Ltd., respectively. Hughes and OneWeb intend to work together to broaden distribution globally, with Hughes to offer OneWeb’s low-latency, high-speed connectivity for markets such as enterprise, government, commercial aviation and maritime, cellular backhaul, and community Wi-Fi hotspots.   

Pradman Kaul, President, Hughes, said: “The future of connectivity depends on a worldwide network of multiple transports, including terrestrial, geostationary and Low Earth Orbit satellite services. OneWeb’s system enhances the Hughes portfolio of networking capabilities, introducing a low-latency option with global reach that complements GEO satellite capacity density and capability to meet our customers’ needs. As a case in point, in India which has been starved of high-throughput satellite services, the OneWeb services will help us meet the tremendous backhaul and broadband demand.”

Neil Masterson, Chief Executive Officer, OneWeb, said: “OneWeb is thrilled to be working with Hughes to offer our connectivity solution across the U.S and India. This agreement is another example of our commitment to deliver high-quality, continuous internet access to areas in need including in rural and remote areas of the U.S and India. Hughes is already an important investor and an invaluable technology partner, and I look forward to continuing to grow our relationship further.”

At a jointly hosted session at Satellite 2021 at National Harbor, Maryland, representatives of the companies signed the new agreements, addressed their ongoing partnership and shared a demonstration of multi-orbit connectivity in action. The test, recorded on August 26, featured the successful real-time, seamless switching between the Hughes JUPITER 2 geostationary, high-throughput satellite (HTS) and OneWeb’s low latency, high speed LEO constellation. The demonstration highlighted advantages of each type of connectivity as Hughes ActiveTechnologies™ software instantaneously evaluated the type of traffic and transmitted it over the most efficient path: latency-sensitive activities (like fast-twitch video gaming and a video call) were transmitted via OneWeb; bandwidth-intensive activities like video streaming were transmitted via JUPITER HTS.

Today’s agreement expands an established relationship between the two companies. Hughes, through its parent company EchoStar, is an investor in OneWeb. It is also an ecosystem partner to OneWeb, developing gateway electronics and the core module that will power every user terminal for the system. And Hughes is the prime contractor on an agreement with the U.S. Air Force Research Lab to integrate and demonstrate managed LEO SATCOM using OneWeb capacity in the Arctic region.

OneWeb works with carefully selected distribution partners in each of its core markets, providing new business and expansion opportunities through the low latency, global, high throughput attributes of OneWeb’s network.

OneWeb is building its initial constellation of 648 LEO satellites. Services will begin this year to the Arctic region, including Alaska, Canada, and the UK. By late 2022, OneWeb will be offering its high-speed, low latency connectivity services globally. Service testing on the satellites already in orbit is underway, using gateways that Hughes is building for the network. Results are positive, including seamless satellite and beam handovers, high speeds and low latency.

To help meet the demand for broadband, Hughes is developing its next generation JUPITER 3 Ultra-High Density Satellite, expected to launch in the second half of 2022.

About Hughes Network Systems
Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, provides broadband equipment and services; managed services featuring smart, software-defined networking; and end-to-end network operation for millions of consumers, businesses, governments and communities worldwide. The Hughes flagship Internet service, HughesNet^®, connects more than 1.5 million subscribers across the Americas, and the Hughes JUPITER™ System powers Internet access for tens of millions more worldwide. Hughes supplies more than half the global satellite terminal market to leading satellite operators, in-flight service providers, mobile network operators and military customers. A managed network services provider, Hughes supports nearly 500,000 enterprise sites with its HughesON™ portfolio of wired and wireless solutions. In India, the proposed merger of Hughes and Bharti Airtel will operate as Hughes Communications India Private Ltd. Headquartered in Germantown, Maryland, USA, Hughes is owned by EchoStar. To learn more, visit www.hughes.com or follow HughesConnects on Twitter and LinkedIn.

About EchoStar
EchoStar Corporation (NASDAQ: SATS) is a premier global provider of satellite communication solutions. Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its Hughes Network Systems and EchoStar Satellite Services business segments. For more information, visit www.echostar.com. Follow @EchoStar on Twitter.

About OneWeb
OneWeb will enable connectivity for governments, businesses, and communities. It is implementing a constellation of Low Earth Orbit satellites with a network of global gateway stations and a range of user terminals to provide an affordable, fast, high-bandwidth and low-latency communications service, connected to the IoT future and a pathway to 5G for everyone, everywhere. Find out more at http://www.oneweb.world.

©2021 Hughes Network Systems, LLC, an EchoStar company. Hughes and HughesNet are registered trademarks and JUPITER is a trademark of Hughes Network Systems, LLC.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hughes-and-oneweb-announce-agreements-for-low-earth-orbit-satellite-service-in-us-and-india-301372781.html

SOURCE Hughes Network Systems, LLC

TORONTO and NEW YORK, Sept. 9, 2021 /PRNewswire/ — Third Eye Capital (Third Eye), a leading Canadian private credit firm, is partnering with Kudu Investment Management, LLC (Kudu), an independent provider of permanent capital solutions to asset and wealth managers worldwide. Kudu is acquiring a minority stake in Third Eye and its affiliates. Terms were not disclosed.

Through a unique combination of flexible capital and strategic and operational insights, Third Eye empowers growing companies that are underserved and underappreciated by other capital sources. Founded in 2005 by Arif Bhalwani and David Alexander, Third Eye currently manages approximately C$2.8 billion for a diversified client base of primarily Canadian institutional and high net worth investors.

“Kudu’s investment allows us to enhance our already significant alignment with clients and help us launch new funds in the evolving Canadian private credit markets,” said Bhalwani, Third Eye’s CEO. “With our strong track record of helping portfolio companies successfully manage complex change events ranging from extreme distress to hyper growth, Third Eye has become a preferred alternative capital provider for Canadian management teams.”

“We chose to partner with Kudu for several reasons, including its permanent capital structure, shared vision, and a cultural alignment that was clear from the moment we met,” added Bhalwani. “Kudu’s preference for minority positions fully aligns with Third Eye’s growth ambitions, without altering our processes, timelines or continued independence and majority employee ownership.”

“There is so much to admire in Third Eye,” said Rob Jakacki, CEO of Kudu. “Our mission has always been to back extraordinary management teams and provide them the capital and support for their growth. Third Eye has a best-in-class team and a distinctive business model that gives it a unique edge in the expanding alternative credit markets in Canada. We are honored to partner with them.”

With the addition of Third Eye as its first investment in Canada, Kudu now has investments in 16 partner firms (including two managed for a third party) domiciled in the U.S., Canada, the U.K. and Australia. Kudu-affiliated asset and wealth managers collectively invest US$91 billion (C$115 billion) on behalf of individual and institutional investors worldwide in traditional and alternative strategies, as of June 30, 2021. Founded in 2015, Kudu has more than US$650 million (C$823 million) in capital commitments to date.

RBC Capital Markets served as financial advisor and Bennett Jones, LLP was legal counsel to Third Eye. Osler, Hoskin & Harcourt, LLP and Seward & Kissel LLP served as legal advisors to Kudu.

About Third Eye Capital
Based in Toronto, Third Eye Capital is a leading Canadian private credit firm providing tailored financing and value-added operational expertise to its portfolio companies. Since 2005, Third Eye Capital has directly invested more than C$3.5 billion in over 100 financings for non-sponsored companies operating across a diverse set of industries, including the sustainability sector, natural resources, technology, financials, healthcare, media, food and hospitality, transports and construction services. For more information, please visit www.thirdeyecapital.com.

About Kudu Investment Management
Kudu provides long-term capital solutions—including generational ownership transfers, management buyouts, acquisition and growth finance, as well as liquidity for legacy partners—to asset and wealth managers globally. Kudu was founded in 2015 and is backed by capital partner White Mountains Insurance Group, Ltd. (NYSE: WTM). For more information, please visit Kudu’s website.

View original content:https://www.prnewswire.com/news-releases/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management-301372667.html

SOURCE Kudu Investment Management, LLC