GERON CORPORATION INVESTOR ALERT: Geron Investors Who Have Held Their Stock Continuously Since At Least March 2018 Encouraged To Contact Kehoe Law Firm, P.C.

PHILADELPHIA, April 20, 2021 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating whether certain officers and/or directors of Geron Corporation (“Geron”) (NASDAQ: GERN) breached their fiduciary duties to Geron and the Company’s shareholders.

The investigation concerns whether certain officers and/or directors of Geron, among other things, made false and misleading statements about the effectiveness of the drug imetelstat. Geron’s stock price dropped significantly when the company’s development partner, Janssen Biotech, pulled out of the imetelstat partnership on September 27, 2018, erasing hundreds of millions of dollars of shareholder value.


IF YOU HAVE HELD GERON STOCK CONTINUOUSLY SINCE AT LEAST MARCH 2018

AND WISH TO DISCUSS KEHOE LAW FIRM’S INVESTIGATION OR HAVE QUESTIONS ABOUT YOUR POTENTIAL LEGAL RIGHTS, PLEASE CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804,

[email protected]

,

[email protected]

,

[email protected]

, TO LEARN MORE ABOUT THE

INVESTIGATION OR POTENTIAL LEGAL CLAIMS.

Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff–side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct.  Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion dollars on behalf of institutional and individual investors.   

This notice may constitute attorney advertising.



22nd Century Fully Prepared to Deliver the Solution as Biden Administration Considers Requirement to Lower Nicotine Level for All Cigarettes Sold in U.S.

  • Company’s Confidence Continues to Grow on Implementation of Proposed Nicotine Cap and Menthol Ban
  • Company is Fully Prepared to Launch its VLN® Reduced Nicotine Content Cigarettes; Willing to License Reduced Nicotine Technology to Big Tobacco to Save Millions of American Lives
  • Science Behind Benefits of Reduced Nicotine Content Cigarettes Is Conclusive; No Signs of Compensatory Smoking

BUFFALO, N.Y., April 20, 2021 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (NYSE American: XXII), a leading plant-based, biotechnology company that is focused on tobacco harm reduction, very-low nicotine content tobacco, and hemp/cannabis research, reports that it is fully prepared to partner with the U.S. Food and Drug Administration (FDA) to launch its VLN® reduced nicotine content cigarette brand and license its reduced nicotine content (RNC) tobacco technology to every cigarette manufacturer. This follows reports in the media (WSJ) that the Biden Administration is actively considering moving forward the Advance Notice of Proposed Rulemaking (ANPRM) that will require Big Tobacco to reduce the amount of nicotine in all combustible cigarettes sold in the United States to be “minimally or non-addictive” – a level already achieved in the first—and only—combustible RNC cigarette product already authorized for sale by the FDA, which contains 95% less nicotine than conventional cigarettes.

22nd Century remains confident that the new Administration is placing a high focus on public health, particularly respiratory health, as a critical initiative, while the battle with COVID-19 continues and new variants arise. Smokers who contract COVID-19 are more likely to be hospitalized, admitted to the ICU, suffer worse outcomes, or die from the virus. If implemented, FDA’s nicotine cap would help 5 million adult smokers quit within one year, help 33 million people – mostly youth and young adults – avoid becoming regular smokers, and save more than 8 million American lives by the end of the century. The renewed interest by FDA follows recent statements by President Biden and the Administration supportive of a nicotine cap, including its war on cancer, the appointment and confirmation of Xavier Becerra as the new Secretary of HHS, and a groundswell of support for a reduced nicotine cap from multiple former FDA Commissioners.

“A nicotine cap by the FDA has been in the works since the Obama Administration. During that time, 22nd Century has consistently proven beyond any doubt with our VLN® cigarettes that a cigarette that contains nicotine levels that the FDA has identified as ‘minimally or non-addictive’ is technically feasible. Moreover, given the millions of Americans who smoke and will suffer and die from cigarette addiction, this mandate is necessary and appropriate,” said James A. Mish, chief executive officer of 22nd Century Group. “As the only company with the ability to offer a combustible tobacco product that can meet the FDA’s mandate today, we look forward to helping with this critical public health initiative. Numerous independent research studies—largely funded by U.S. government agencies—have consistently confirmed the benefits of implementing a mandate on reduced nicotine content cigarettes for adult smokers. Once this rule is in place, we are fully prepared to provide the solution by making our VLN® cigarettes available to adult smokers, and we remain willing to license our technology to every cigarette manufacturer in the industry to give them the opportunity to join us in our efforts to reduce the harm caused by smoking and to protect future generations from ever becoming addicted to cigarettes.”

The FDA is being sued by a group of tobacco control and public health groups for its failure to advance regulation against menthol in highly addictive tobacco products. As part of this action, the Agency must respond to an earlier citizens’ petition to ban menthols no later than April 29, 2021. FDA was also petitioned by leading public health experts to advance its nicotine cap as part of FDA’s wider Comprehensive Plan for Tobacco and Nicotine Regulation, announced in 2017.

According to the Centers for Disease Control and Prevention (CDC), studies have shown that menthol in cigarettes likely leads people – especially young people – to experiment with smoking, which could increase the risk of becoming nicotine dependent. Further, research has shown that adults who smoke menthol cigarettes make more attempts to quit smoking and have a harder time quitting, and that menthol cigarettes contribute to the profound tobacco-related health disparities seen in the U.S. 22nd Century believes that making all menthol cigarettes non-addictive is a good solution but that making all cigarettes non-addictive is an even better solution. 22nd Century’s reduced nicotine content (RNC) cigarettes, VLN® King and VLN® Menthol King, contain levels of nicotine content that are “minimally or non-addictive”, unlike conventional cigarettes that are “designed to create and sustain addiction to nicotine.” Whatever is decided, 22nd Century is fully prepared to deliver the solution.

As part of the FDA’s Comprehensive Plan, the Agency included a proposed a product standard to reduce the nicotine content in all cigarettes sold in the U.S. to “minimally or non-addictive” levels. A reduction in the amount of nicotine content allowed in cigarettes is supported by a report published by the CDC that found that 80% of adult smokers favor requiring cigarette makers to lower nicotine levels in cigarettes, so that they are less addictive.

The ANPRM that President Biden’s Administration is considering moving forward was issued in March of 2018, and the comment period closed in June of 2018. The FDA will likely issue a notice of proposed rulemaking (NPRM) as the next step in the rulemaking process before a final rule is published. The Agency’s proposed mandate is well studied and is backed by what 22nd Century estimates to be more than $100 million in independent scientific studies, funded largely by the FDA, the National Institutes of Health (NIH), and other U.S. federal government agencies.

These numerous clinical studies have demonstrated, conducted using 22nd Century’s reduced nicotine content research cigarettes, that using reduced nicotine content tobacco cigarettes helps smokers reduce their nicotine exposure and dependence, smoke fewer cigarettes per day, increase their number of smoke-free days, and double their quit attempts – all with minimal or no evidence of nicotine withdrawal or compensatory smoking.

Although many alternative nicotine products are available to smokers — including vape, IQOS, and nicotine pouches, patches, and gum — cigarette smoking remains the leading cause of preventable disease, disability and death in the U.S., accounting for one in every five deaths.

Despite the tobacco industry’s stated claims of wanting to create a world without cigarettes, including Altria’s slogan of “moving beyond smoking” and “from tobacco company to tobacco harm reduction company,” and Philip Morris International’s “delivering a smoke-free future” mantra, Big Tobacco seems to be interested only in products that create and sustain addiction regardless of the costs to society and public health. Rather than joining the FDA’s efforts to combat cigarette addiction, Big Tobacco has continued to mislead the public by raising points that are long disproved by extensive research, such as, “perhaps users will smoke cigarettes to get the same amount of nicotine.”1 They have also maintained that it is not possible to comply with the planned FDA reduced-nicotine mandate; this is the same industry that swore under oath that nicotine was not addictive.

Research behind the impact RNC cigarettes is extensive, conclusive, and solid, and it demands immediate action that is based on science. Public health researchers have conclusively refuted the common misperception that RNC cigarettes could cause smokers to increase their smoking, saying, “Effectively compensating to maintain nicotine exposure is virtually impossible when switching to cigarettes with minimally addictive nicotine content,” and, “[M]andated reduction in nicotine content is unlikely to result in an increase in smoking behavior to obtain more nicotine.”

In a submission to the FDA regarding the FDA’s ANPRM to dramatically limit the nicotine content of cigarettes, noted scientific researchers Megan Piper, PhD, David Drobes, PhD, and Natalie Walker, PhD address the issues of smoking dependence and smoking abstinence when smokers switch exclusively to RNCs. Citing a number of scientific studies investigating nicotine dependence, these researchers explain, “…there is direct evidence that smoking reduced nicotine cigarettes is associated with reduced dependence (both self-reported dependence and dependence related criteria, such as withdrawal, cravings) and ultimately smoking abstinence.”

22nd Century has proven that it is technically feasible to make a cigarette with “minimally or non-addictive” levels of nicotine, and the Company remains willing to license its RNC tobacco technology to every cigarette manufacturer, including Altria, Reynolds American, and other Big Tobacco companies, so that the entire industry can join 22nd Century’s effort to reduce the harm caused by smoking and protect future generations from ever becoming addicted to cigarettes.

In December of 2019, the FDA authorized 22nd Century to sell its RNC cigarettes under the Premarket Tobacco Product Applications (PMTA) pathway. The FDA concluded that “following a rigorous science-based review”, the Agency determined that these reduced nicotine products are, “appropriate for the protection of the public health” due to its, “potential to reduce nicotine dependence in addicted adult smokers, who may also benefit from decreasing nicotine exposure and cigarette consumption.” The FDA also determined that, “[y]outh are also unlikely to start using the products, and those who experiment are less likely to become addicted than people who experiment with conventional cigarettes.”

Made from proprietary tobacco engineered to contain 95% less nicotine than conventional cigarette tobacco, 22nd Century’s RNC cigarettes are the only combustible tobacco products able to meet the nicotine levels proposed in the FDA’s ANPRM for a tobacco product standard reduce the nicotine content of all combustible cigarettes. The Company believes that it is in the final stages of the FDA’s application process to obtain a MRTP designation for its RNC cigarette, VLN® King and VLN® Menthol King. The designation will allow 22nd Century to communicate key features of the products including the headline claim of “95% less nicotine.” It will also distinguish the product from highly addictive, conventional cigarettes. Although it contains just 0.5 milligrams of nicotine per gram of tobacco, VLN® tastes, smells, and smokes like a conventional cigarette. This disruptive product is an alternative to addictive, conventional cigarettes and will help adult smokers reduce their exposure to nicotine. Based on perception studies conducted by 22nd Century, 60% of smokers are likely to use RNC cigarettes, indicating that they are ready for something new to help them change their relationship with nicotine. 22nd Century is fully prepared and eager to launch its VLN® cigarettes within 90 days of receiving authorization from the FDA and believes that an MRTP designation will serve as a catalyst for its VLN® brand and tobacco franchise.

  1. Stated Emmanuel Babeau, Chief Financial Officer of Philip Morris International on April 20, 2021 on their Q1 2021 Earnings Call.

About 22nd Century Group, Inc.

22nd Century Group, Inc. (NYSE American: XXII) is a leading plant biotechnology company focused on technologies that alter the level of nicotine in tobacco plants and the level of cannabinoids in hemp/cannabis plants through genetic engineering, gene-editing, and modern plant breeding. 22nd Century’s primary mission in tobacco is to reduce the harm caused by smoking through the Company’s proprietary reduced nicotine content tobacco cigarettes – containing 95% less nicotine than conventional cigarettes. The Company’s primary mission in hemp/cannabis is to develop and commercialize proprietary hemp/cannabis plants with valuable cannabinoid profiles and desirable agronomic traits.

Learn more at xxiicentury.com, on Twitter @_xxiicentury and on LinkedIn.

Cautionary Note Regarding Forward-Looking Statements

Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Forward-looking statements typically contain terms, such as “anticipate,” “believe,” “consider,” “continue,” “could,” “estimate,” “expect,” “explore,” “foresee,” “goal,” “guidance,” “intend,” “likely,” “may,” “plan,” “potential,” “predict,” “preliminary,” “probable,” “project,” “promising,” “seek,” “should,” “will,” “would,” and similar expressions. Actual results might differ materially from those explicit or implicit in forward-looking statements. Important factors that could cause actual results to differ materially are set forth in “Risk Factors” in the Company’s Annual Report on Form 10-K filed on March 11, 2021. All information provided in this release is as of the date hereof, and the Company assumes no obligation to and does not intend to update these forward-looking statements, except as required by law.

Investor Relations & Media Contact:

Mei Kuo
Director, Communications & Investor Relations
22nd Century Group, Inc.
(716) 300-1221
[email protected]



Trulieve Cannabis Corp. Announces Release Date, Conference Call and Webcast for the First Quarter of 2021

PR Newswire

TORONTO, April 20, 2021 /PRNewswire/ – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTC: TCNNF), a leading and top-performing cannabis company in the United States, will release its first quarter 2021 financial results on Thursday, May 13, 2021, before markets open. Following the earnings release, management will host a conference call at 8:30 AM Eastern Time to review the financial results.

All interested parties can join the conference call by dialing 1-888-231-8191 or 1-647-427-7450, conference ID: 4880609. Please dial in 15 minutes prior to the call to secure a line. The conference call will be archived for replay until May 20, 2021. To access the archived conference call, please dial 1-855-859-2056 and enter the encore code 4880609.

A live audio webcast of the conference call will be available at: https://produceredition.webcasts.com/starthere.jsp?ei=1456168&tp_key=12329b312c

Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. An archived replay of the webcast will be available for 90 days by clicking the link above.

About Trulieve

Trulieve is primarily a vertically integrated “seed-to-sale” company in the U.S. and is the first and largest fully licensed medical cannabis company in the State of Florida. Trulieve cultivates and produces all of its products in-house and distributes those products to Trulieve-branded dispensaries throughout the State of Florida, as well as directly to patients via home delivery. Trulieve is also a licensed operator in California, Massachusetts, Connecticut, Pennsylvania, and West Virginia. Trulieve is listed on the Canadian Securities Exchange under the symbol TRUL and trades on the OTCQX Best Market under the symbol TCNNF.

To learn more about Trulieve, visit www.Trulieve.com.

The Canadian Securities Exchange has not reviewed, approved or disapproved the ‎content of this news release.‎

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SOURCE Trulieve Cannabis Corp.

Hikma resumes launch of generic Advair Diskus®

PR Newswire

LONDON, April 20, 2021 /PRNewswire/ — Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, announces that it has resumed the launch of its generic version of GlaxoSmithKline’s Advair Diskus®1 in the US following US FDA approval of an amendment Hikma submitted to its Abbreviated New Drug Application in January 2021. The amendment reflected enhanced packaging controls to meet new industry standards adopted since the initial submission of its ANDA. 

Hikma will immediately resume launch activities of its generic product for Advair Diskus® (Fluticasone Propionate and Salmeterol Inhalation Powder, USP), 100mcg/50mcg and 250mcg/50mcg doses in the US.

Siggi Olafsson, Chief Executive Officer of Hikma, said: “We appreciate the FDA’s timely review and approval of our amendment and are now immediately resuming the launch of our high quality, substitutable generic version of Advair Diskus®. We are very pleased to improve availability of this critical medicine for patients and healthcare providers in the US.”

Enquiries

H
ikma Pharmaceuticals PLC   

Susan Ringdal

EVP, Strategic Planning and Global Affairs

+44 (0)20 7399 2760/ +44 7776 477050


[email protected]

 

Steve Weiss

David Belian

US Communications and Public Affairs 

+1 732 720 2830/ +1 732 788 8279

+1 732 720 2814/+1 848 254 4875


[email protected]

Teneo (Press):                                                             

Charles Armitstead / Claire Scicluna

+44 (0)7703 330 269/+44 (0)7835 395 028

About Hikma
(LSE: HIK) (NASDAQ Dubai: HIK) (OTC: HKMPY) (rated BBB-/stable S&P, BBB-/stable Fitch and Ba1/stable Moody’s)

Hikma helps put better health within reach every day for millions of people in more than 50 countries around the world. For more than 40 years, we’ve been creating high-quality medicines and making them accessible to the people who need them. Headquartered in the UK, we are a global company with a local presence across the United States (US), the Middle East and North Africa (MENA) and Europe, and we use our unique insight and expertise to transform cutting-edge science into innovative solutions that transform people’s lives. We’re committed to our customers, and the people they care for, and by thinking creatively and acting practically, we provide them with a broad range of branded and non-branded generic medicines. Together, our 8,600 colleagues are helping to shape a healthier world that enriches all our communities. We are a leading licensing partner, and through our venture capital arm, are helping bring innovative health technologies to people around the world. For more information, please visit: www.hikma.com

Advair® and Advair Diskus® are registered trademarks of GSK group of companies.

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SOURCE Hikma Pharmaceuticals USA Inc.

Tripadvisor to Host First Quarter 2021 Conference Call on May 7, 2021

PR Newswire

NEEDHAM, Mass., April 20, 2021 /PRNewswire/ — Tripadvisor, Inc. (NASDAQ: TRIP) announced today that it will audiocast a conference call on Friday, May 7, 2021 at 8:30 a.m. Eastern Time to answer questions regarding its financial results and management’s published remarks. After the close of market trading on Thursday, May 6, 2021, Tripadvisor will issue a press release reporting results and will simultaneously publish management’s prepared remarks, which may include certain forward-looking information, at ir.tripadvisor.com.

The details of the live conference call audiocast and replay are as follows:

What:

Tripadvisor First Quarter 2021 Conference Call

When:

Friday, May 7, 2021

Time:

8:30 a.m. ET

Live Call:

(877) 224-9081, domestic

(224) 357-2223, international

Replay:

(855) 859-2056, passcode 4196145, domestic

(404) 537-3406, passcode 4196145, international

Webcast:


http://ir.tripadvisor.com/events-and-presentations (live and replay)

About Tripadvisor

Tripadvisor, the world’s largest travel guidance platform*, helps hundreds of millions of people each month** become better travelers, from planning to booking to taking a trip. Travelers across the globe use the Tripadvisor site and app to discover where to stay, what to do and where to eat based on guidance from those who have been there before. With more than 884 million reviews and opinions of nearly 8 million businesses, travelers turn to Tripadvisor to find deals on accommodations, book experiences, reserve tables at delicious restaurants and discover great places nearby. As a travel guidance company available in 49 markets and 28 languages, Tripadvisor makes planning easy no matter the trip type.

The subsidiaries of Tripadvisor, Inc. (NASDAQ:TRIP), own and operate a portfolio of travel media brands and businesses, operating under various websites and apps, including the following websites:www.bokun.iowww.cruisecritic.comwww.flipkey.comwww.thefork.com (including www.lafourchette.comwww.eltenedor.comwww.bookatable.co.uk, and www.delinski.com), www.helloreco.comwww.holidaylettings.co.ukwww.housetrip.comwww.jetsetter.comwww.niumba.comwww.seatguru.comwww.singleplatform.comwww.vacationhomerentals.com, and www.viator.com.

* Source: SimilarWeb, unique users de-duplicated monthly, December 2020
** Source: Tripadvisor internal log file

TRIP-G

 

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SOURCE Tripadvisor

The Real Brokerage Inc. Announces Results of Annual and Special Meeting

PR Newswire

TORONTO and NEW YORK, April 20, 2021 /PRNewswire/ — The Real Brokerage Inc. (Real) (TSXV: REAX) (OTCQX: REAXF), a national, technology powered real estate brokerage in the United States, announced that at the annual meeting of Real’s shareholders held on April 20, 2021, the shareholders elected Tamir Poleg, Guy Gamzu, Larry Klane, Laurence Rose, Atul Malhotra Jr. and Vikki Bartholomae to Real’s board of directors.

Bartholomae, who joined Real’s board for the first time, most recently served on Real’s advisory board. She is a recognized leader in the real estate industry who served as chief of agent success at Side and president of eXp Realty. Bartholomae has also worked as team leader and real estate agent throughout her career with Tarbell Realtors, Disney Vacation Development and Keller Williams.

“Vikki already has proven herself as a valued partner on Real’s advisory board, where she ensures that our agents’ voice is represented,” said Real co-founder and CEO Tamir Poleg. “I am honored to welcome her to the board of directors where she’ll help us nurture and grow our ongoing commitment to agents.”

The shareholders passed all other motions at the meeting, including fixing the number of directors at six and approving Brightman Almagor Zohar & Co (a firm in the Deloitte Global Network) as auditors.

About The Real Brokerage Inc.
The Real Brokerage Inc. (Real) (www.joinreal.com) is a technology-powered real estate brokerage operating in 27 U.S. states and the District of Columbia. Real is on a mission to make agents’ lives better, creating financial opportunities for agents through higher commission splits, best-in-class technology, revenue sharing and equity incentives.

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to the business and strategic plans of Real.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the OTCQX has neither approved nor disapproved the contents of this press release.

Contact: Lynda Radosevich, 917-922-7020, [email protected]

 

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SOURCE The Real Brokerage Inc.

Netflix Releases First-Quarter 2021 Financial Results

PR Newswire

LOS GATOS, Calif., April 20, 2021 /PRNewswire/ — Netflix, Inc. (NASDAQ: NFLX) has released its first-quarter 2021 financial results by posting them to its website. Please visit the Netflix investor relations website at http://ir.netflix.net to view the Q1’21 financial results and letter to shareholders.

A video interview with Netflix co-CEO Reed Hastings, co-CEO & Chief Content Officer Ted Sarandos, Chief Financial Officer Spence Neumann, COO & Chief Product Officer Greg Peters and VP, IR & Corporate Development Spencer Wang will be available at 3:00 p.m. Pacific Time at youtube.com/netflixirhttp://www.youtube.com/netflixir. The interview will be conducted by Nidhi Gupta, Fidelity Management & Research Co. Questions that investors would like to see asked should be sent to [email protected].

About Netflix, Inc.

Netflix is the world’s leading streaming entertainment service with 204 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/netflix-releases-first-quarter-2021-financial-results-301273040.html

SOURCE Netflix, Inc.

BIT Mining Limited Announces Trading of ADSs under New English Name and New Ticker Symbol

PR Newswire

SHENZHEN, China, April 20, 2021 /PRNewswire/ — BIT Mining Limited (NYSE: BTCM) (“BIT Mining Limited” or the “Company”), a leading cryptocurrency mining enterprise, today announced that its American Depositary Shares (“ADSs”), each representing the right to receive ten (10) Class A ordinary shares with par value of US$0.00005 per share of the Company, began trading under the Company’s new English name, “BIT Mining Limited”, and its new ticker symbol, “BTCM”, effective at the opening of trading on the NYSE on Tuesday, April 20, 2021 (U.S. Eastern Daylight Time).

About BIT Mining Limited

BIT Mining Limited (NYSE: BTCM) is a leading cryptocurrency mining enterprise, with a long-term strategy to create value across the cryptocurrency industry. Since announcing its entry into the industry in December 2020, the Company has: (i) purchased and deployed bitcoin mining machines with a theoretical hash rate capacity of approximately 1,031.5 PH/s; (ii) acquired three hydroelectric cryptocurrency mines with combined electric power capacity of 435MW, by purchasing a controlling stake in Loto Interactive Limited (HKEX:08198); and (iii) acquired the entire mining pool business of Bitdeer Technologies Holding Company operated under BTC.com, including the domain name and the cryptocurrency wallet of BTC.com. The Company has also entered into a definitive agreement with Bee Computing (HK) Limited, a 7-nanometer cryptocurrency mining machine manufacturer, in order to help sustain the Company’s continued growth. BIT Mining Limited (NYSE: BTCM) was formerly known as 500.com Limited (NYSE: WBAI), an online sports lottery service provider in China.

Safe Harbor Statements

This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will”, “expects”, “anticipates”, “future”, “intends”, “plans”, “believes”, “estimates”, “target”, “going forward”, “outlook” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

For further information:
BIT Mining Limited
[email protected]

Ms. Danni Zheng
Phone: +86 755 8633 8005

The Piacente Group, Inc.
Helen Wu
Tel: +86 (10) 6508-0677
Email: [email protected]

In the United States:

The Piacente Group, Inc.
Brandi Piacente
Tel: +1 (212) 481-2050
Email: [email protected]

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SOURCE 500.com Limited

LAWSUIT FILED AGAINST EBANG (NASDAQ: EBON): Investors May Be Able To Recover Losses And Should Contact Block & Leviton LLP

BOSTON, April 20, 2021 (GLOBE NEWSWIRE) — Block & Leviton LLP announces that a lawsuit has been filed against Ebang International Holdings (NASDAQ:EBON) for violations of the federal securities laws.  Investors who have lost money should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/ebon.

What is this all about?

On April 6, 2021, analyst Hindenburg Research published a scathing report on the Chinese cryptocurrency company, alleging that the company used the proceeds from four recent IPOs to funnel money to insiders and “questionable counterparties.” According to the report, Ebang raised $21 million in November 2020, claiming the proceeds would go “primarily for development.” The report alleges that $21 million was directed to repay related-party loans to a relative of the company’s Chairman/CEO Dong Hu. The report also noted that Ebang’s earlier efforts to go public on the Hong Kong Stock Exchange failed due to widespread media coverage of its relationship with Yindou, a massive Chinese peer-to-peer online lending scheme that defrauded 20,000 retail investors in 2018, with $655 million “vanish(ing) into thin air”. On this news, Ebang shares dropped 9.3% in premarket trading. A federal securities fraud lawsuit was filed against Ebang on April 8, 2021 in New York Southern District Court.

Who is eligible?

Anyone who purchased Ebang shares between June 26, 2020 and April 5, 2021 and has now lost money as a result of the publication of this report may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is pursuing securities class action litigation to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you’ve lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at [email protected], or by phone at (617) 398-5600.

Why should you contact Block & Leviton?

Many law firms have issued releases about this matter; most of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation’s top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email [email protected] with any questions.

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Airborne Maintenance & Engineering Services Completes Renovation and Expansion

Airborne Maintenance & Engineering Services Completes Renovation and Expansion

Component Repair Capabilities Increased and Manufacturing Space Doubled

WILMINGTON, Ohio–(BUSINESS WIRE)–
Airborne Maintenance & Engineering Services, Inc., a wholly owned subsidiary of Air Transport Services Group, Inc. (NASDAQ:ATSG), today announced the completion of a renovation and expansion of its Component Repair/Overhaul (CRO) and Manufacturing facility. The project took 17 weeks to complete.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210420006121/en/

Pictured above are (left to right) ATSG Chief Operating Officer Ed Koharik, ATSG Chief Commercial Officer Mike Berger, Airborne President Todd France, and ATSG Chairman of the Board Joe Hete. (Photo: Business Wire)

Pictured above are (left to right) ATSG Chief Operating Officer Ed Koharik, ATSG Chief Commercial Officer Mike Berger, Airborne President Todd France, and ATSG Chairman of the Board Joe Hete. (Photo: Business Wire)

“This investment demonstrates Airborne’s continued drive to provide the most efficient, state-of-the-art repair services,” said Todd France, president of Airborne Maintenance & Engineering Services, “and aligns with our commitment to provide unsurpassed customer service.”

During the renovation, Airborne’s partnership with the University of Akron advanced into Phase IIof furthering Supersonic Particle Deposition (SPD) research, commonly known as “cold spray technology.” This collaboration, established in 2015, is designed to drive economic growth through advanced manufacturing in the State of Ohio.

The University of Akron’s grant recently allowed the school to install two vertical mills, one nitrogen generation system and one sheet metal shear in Airborne’s newly renovated CRO facility at the Wilmington Air Park, along with an additional paint booth and sand blasting booth. Airborne’s renovation increased the footprint of its Manufacturing division while expanding ceilings and removing walls to support the additional machinery and equipment.

“The University of Akron has been a great partner throughout the years,” said Brad Carucci, Airborne Director of Component Repair/Overhaul and Manufacturing. “This renovation and expansion project reflects Airborne’s promise to provide additional repair opportunities and solutions for components that would have been deemed beyond economical repair. The Cold Spray Phase II Joint R&D initiative will build on the initial groundbreaking research from this collaboration and aim to implement the SPD process as a commercially viable solution for use in aircraft repairs.”

The SPD process involves using a supersonic jet of expanded gas to spray metal powder onto a solid surface with sufficient energy to cause bonding with the surface without creating a heat-affected zone.

About Airborne Maintenance & Engineering Services, Inc.

Airborne Maintenance & Engineering Services is wholly owned subsidiary of Air Transport Services Group (NASDAQ:ATSG), with separately certified repair stations offering 320,000 sq. ft. of hangar space in Tampa, Fla., and 315,000 sq. ft. of hangar space in Wilmington, Ohio. Airborne provides a range of services to the aviation sector, including scheduled heavy maintenance, line maintenance, engineering services, material sales and manufacturing, and cargo conversion through its PEMCO Conversions division. Services at the Tampa, Fla., location are performed by Pemco World Air Services, Inc., pursuant to its Part 145 Repair Station Certificate. For more information, please visit www.airbornemx.com.

About Air Transport Services Group, Inc. (ATSG)

ATSG is a leading provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. ATSG, through its leasing and airline subsidiaries, is the world’s largest owner and operator of converted Boeing 767 freighter aircraft. Through its principal subsidiaries, including three airlines with separate and distinct U.S. FAA Part 121 Air Carrier certificates, ATSG provides aircraft leasing, air cargo lift, passenger ACMI and charter services, aircraft maintenance services and airport ground services. ATSG’s subsidiaries include ABX Air, Inc.; Airborne Global Solutions, Inc.; Airborne Maintenance & Engineering Services, Inc., including its subsidiary, Pemco World Air Services, Inc.; Air Transport International, Inc.; Cargo Aircraft Management, Inc.; and Omni Air International, LLC. For more information, please see www.atsginc.com.

Media Contact:

Madyson Rieder

ATSG, Inc., Marketing Specialist

937-414-8543

[email protected]

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Air Transport Aerospace Manufacturing

MEDIA:

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Pictured above are (left to right) ATSG Chief Operating Officer Ed Koharik, ATSG Chief Commercial Officer Mike Berger, Airborne President Todd France, and ATSG Chairman of the Board Joe Hete. (Photo: Business Wire)
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