Market Newsdesk

SANTA CLARA, Calif., Feb. 17, 2021 /PRNewswire/ — Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, announced that it will report its fourth quarter and fiscal year 2021 (ended January 31, 2021) financial results on March 10, 2021 after the close of market, and host a conference call to discuss the results at 2:00 PM Pacific Time (5:00 PM Eastern Time).

Conference Call and Webcast Information

The conference call can be accessed as follows:

• Participant Toll Free Number: +1-833-579-0900
• Participant International Number: +1-778-560-2567
• Conference ID: 7339087

A webcast of the conference call can be accessed from the News & Events section of the Company’s website at https://investors.cloudera.com/events/Events/default.aspx. A replay of the webcast will be available for at least two weeks following completion of the call.   

About Cloudera
At Cloudera, we believe that data can make what is impossible today, possible tomorrow. We empower people to transform complex data into clear and actionable insights. Cloudera delivers an enterprise data cloud for any data, anywhere, from the Edge to AI. Powered by the relentless innovation of the open source community, Cloudera advances digital transformation for the world’s largest enterprises. Learn more at cloudera.com.

Cloudera and associated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

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SOURCE Cloudera, Inc.

TORONTO and NEW YORK, Feb. 17, 2021 /PRNewswire/ – AcuityAds Holdings Inc. (TSX: AT) (“AcuityAds” or “Company”), the leading technology company that enables advertisers to connect intelligently with audiences across digital advertising campaigns from a single platform, is pleased to announce that it will report its fourth quarter and full year 2020 financial results before market open on Tuesday, March 2nd, 2021.

The company will host a live video Zoom webcast to discuss the results on Tuesday, March 2^nd, 2021 at 8:30am Eastern Time. The Zoom webcast will be hosted by Tal Hayek, Co-Founder and Chief Executive Officer, and Jonathan Pollack, Chief Financial Officer, with a question and answer session to follow.

Conference Call Details:

To register for the conference call webcast and presentation, please visit

https://www.acuityads.com/q4
.

Participant Dial-in Numbers:

Canada – (+1) 647 558 0588
US – (+1) 646 558 8656

Webinar ID: 965 8498 5150

Please connect at 15 minutes prior to the conference call to ensure time for any software download that may be needed to hear the webcast.

A recording of the conference call webcast will be available after the call by visiting the Company’s website at https://www.acuityads.com/q4.

About AcuityAds:

AcuityAds is a leading technology company that provides marketers a one-stop solution for omnichannel digital advertising with best-of-category return on advertising spend. Its journey automation technology, illumin™, offers planning, buying and real-time intelligence from one platform. With proprietary Artificial Intelligence, illumin™ brings unique programmatic capabilities to close the gap between advertising planning and execution. The company brings an integrated ecosystem of privacy-protected data, inventory, brand safety and fraud prevention partners, offering trusted solutions with proven, above-benchmark outcomes for the most demanding marketers.

AcuityAds is headquartered in Toronto with offices throughout Canada, the U.S., Europe and Latin America. For more information, visit AcuityAds.com.

Disclaimer in regard to Forward-looking Statements

Certain statements included herein constitute “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies.  Investors are cautioned not to put undue reliance on forward-looking statements.  Except as required by law, AcuityAds does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. The Company’s client that has been mentioned in this press release has the right to exercise an out-clause right at any time during the advertising campaign.

Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE AcuityAds Holdings Inc.

CALGARY, AB, Feb. 17, 2021 /PRNewswire/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSX-V: DB) (OTCQB: DBCCF), a premium cannabis producer and retailer, is pleased to provide a business update regarding its recent launch of cannabis derivative products and other key milestones.

“We’ve strongly positioned ourselves to succeed in the vape and concentrate market in Canada and are proud to be delivering on our plans and promises. In continuing to follow and optimize our strategic vision, Decibel is steadily working to become a market leader in the high growth vape and concentrate product categories,” said Cody Church, Interim Chief Executive Officer of Decibel. “By leveraging the uncompromising approach we take across the fulsome Decibel business, the products we’re creating are of the highest quality and consideration. We will not let our customers down and will continue to bring a significant pipeline of new and innovative products to the market.”

“We continue to differentiate ourselves not only in our product strategy, but also as one of the few cannabis companies showing profitable results in the third quarter of 2020. We have remained steadfast that sustainable and profitable growth is one of our primary goals.” added Stuart Boucher, Chief Financial Officer of Decibel.

Business Update

Since September 2020, Decibel has launched a total of 26 vape and concentrate SKUs into the recreational market across five provinces including British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario. In January, Decibel achieved a 22% market share in concentrates and a 9% market share in vape categories across British Columbia, Alberta, Saskatchewan, and Ontario^1,2. Looking ahead, the Company anticipates launching over 30 additional SKUs including its highly anticipated launch of Qwest branded vapes and concentrates.

• First branded derivative product shipment to Manitoba completed in February
• Across British Columbia, Alberta, and Saskatchewan, four months into its product launches, Decibel has achieved¹:
• #1 in concentrate sales under its Blendcraft by Qwest brand in the last 60 days
• #3 in vape sales under its General Admission brand in the last 60 days
• In Ontario, one month into its product launches, Decibel has achieved²:
• #3 in concentrate sales under its Blendcraft by Qwest brand
• #8 in vape sales under its General Admission brand

After receiving its latest cultivation license, operations are well underway at Decibel’s Thunderchild facility – a facility which is critical to Decibel’s long term strategic growth plan and will deliver consumers more choice of quality grown, rare cultivars in the dried flower and pre-roll product categories.

• Qwest flower products achieve some of the highest prices in Canada (Q3’20 – $10.18 / gram)
• Through its combined facilities, Decibel will be launching 6 – 10 new genetics over the next year, including Stuffed French Toast and Sunset MAC coming soon
• Decibel’s Qwest flower products remain in short supply and have been out of stock in key provincial markets due to high consumer demand for its flower products
• Thunderchild increases capacity from 1,800 kilograms to more than 9,000 kilograms
• Four flower rooms already planted and at various stages (20% of total facility planted)
• Thunderchild first revenue expected Q2 2021

About Decibel

Decibel is uncompromising in the process and craftsmanship needed to deliver the highest quality cannabis products and retail experiences. Decibel has three operating production houses along with its wholly owned retail business, Prairie Records. The Qwest Estate in Creston, BC is a licensed and operating 26,000 square foot cultivation space which produces the widely championed, rare cultivar-focused brands Qwest and Qwest Reserve, which are sold in six provinces across Canada. Thunderchild Cultivation, is a licensed and operating 80,000 square foot indoor cultivation facility in Battleford, SK. The Plant, Decibel’s extraction facility, in Calgary, AB has 15,000 square feet of Health Canada licensed extraction and product development space. This production house will fuel the growth of our brands Qwest, Qwest Reserve, and Blendcraft, into new and innovative product formats like concentrates, vapes, edibles and beyond.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements

Forward Looking Information

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

In this news release, forward-looking statements relate to, among other things, the Company’s expectations regarding
its ability
to bring a significant pipeline of new and innovative products to the market, expected number of grow rooms at Thunderchild at the timing of the first revenue therefrom
, the Company’s ability to grow Qwest, Qwest Reserve and Blendcraft brands into new and innovative product formats, variations and its other business plans and expectations. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: risks relating to delays, regulatory changes and impacts, capital requirements, construction impacts, displacement requirements and unforeseen requirements resulting from the COVID-19 pandemic, the ability to obtain and maintain licences to retail cannabis products; review of the Company’s production facilities by Health Canada and maintenance of licences (including any amendments thereto) from Health Canada in respect thereof; future legislative and regulatory developments involving cannabis; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the labour market generally and the ability to access, hire and retain employees; general business, economic, competitive, political and social uncertainties; the satisfaction of conditions precedent under the Company’s credit facilities; timing and completion of construction and expansion of the Company’s production facilities and retail locations; and the delay or failure to receive board, regulatory or other approvals, including any approvals of the TSX Venture Exchange, as applicable. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, the Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

These forward-looking statements are made as of the date of this press release and the Company disclaims any intent or obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

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SOURCE Decibel Cannabis Company Inc.

NEW YORK, Feb. 17, 2021 /PRNewswire/ — Seelos Therapeutics, Inc. (Nasdaq: SEEL), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, today announced that it will participate in the 33^rd Annual Roth Conference, which will be held virtually on March 15-17, 2021.

Raj Mehra, Ph.D., Chairman and CEO, will host 1×1 meetings via conference calls on March 16^th and 17^th.

About Seelos Therapeutics

Seelos Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on the development and advancement of novel therapeutics to address unmet medical needs for the benefit of patients with central nervous system (CNS) disorders and other rare diseases. The Company’s robust portfolio includes several late-stage clinical assets targeting indications including Acute Suicidal Ideation and Behavior (ASIB) in Major Depressive Disorder (MDD) or Post-Traumatic Stress Disorder (PTSD), amyotrophic lateral sclerosis (ALS), Sanfilippo syndrome, Parkinson’s disease, other psychiatric and movement disorders plus orphan diseases.

For more information, please visit our website: http://seelostherapeutics.com, the content of which is not incorporated herein by reference.

Contact Information:

Anthony Marciano

Head of Corporate Communications
Seelos Therapeutics, Inc. (Nasdaq: SEEL)
300 Park Ave., 12th Fl
New York, NY 10022
(646) 293-2136
[email protected] 
https://seelostherapeutics.com/ 
https://twitter.com/seelostx 
https://www.linkedin.com/company/seelos

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SOURCE Seelos Therapeutics, Inc.

PHILADELPHIA, Feb. 17, 2021 /PRNewswire/ — Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced the launch of Dansko’s new line of EVA clogs made with over 50% of Braskem’s renewable I’m green™ carbon negative EVA bio polymer.

Mark Nikolich, Braskem America CEO commented, “As the largest polyolefins producer in the Americas, Braskem is focused on partnering with clients that share our commitment to advancing the manufacture of more sustainable products with our I’m green portfolio of eco-friendly materials. Our relationship with Dansko exemplifies this, as they introduce their new Kane clog which is made from over 50% Braskem’s I’m green™ bio-based EVA.  I’m green™ offers the same features of a conventional resin, such as flexibility, lightness and resistance, while helping support renewably sourced materials and reducing carbon emissions in the fight against global warming.” 

Dansko’s new “Kane” footwear offers consumers a new lightweight clog that is perfect for everyday wear. The Kane clog is the first Dansko product to be made with over 50% of Braskem’s carbon negative I’m green™ bio-based EVA. This new clog provides excellent shock absorption and features a removable foot bed, which incorporates Dansko Natural Arch® technology for added support. The new spring 2021 casual shoe is eye-catching and durable as well as being lightweight and comfortable. The channeled outsole provides both durability and long-lasting wear. The Kane is easy to clean and the uppers are perforated for ventilation, making them the perfect shoes for indoor and outdoor summer activities. The Dansko “Kane” clog can be purchased online www.dansko.com/kane-blue-eva-clog.

Jim Fox, CEO of Dansko stated, “Dansko shoes are for people who strive to get the most from life. We make shoes that are simply good for your feet-all day, every day-in a range of styles that are just right for you. Our new Kane clog is constructed from materials you can feel good about.  Braskem understands the lifestyle focus of our business and the I’m green™ material is ideal for this new product.”

Braskem’s I’m green™ bio-based EVA is sustainably produced from sugarcane, a renewable source that contributes to the reduction in greenhouse gas emissions by CO₂ capture. For those who want to adopt Green EVA into a new product concept, it is ideal for use in footwear, toys, general foams and much more.  Braskem’s Green EVA benefits include:

• Renewable Source: Sustainably sourced and produced from sugarcane, a renewable raw material.
• Drop-in Solution: Replaces the conventional resin without investments in new machinery for plastic transformation.
• Recyclable: Green EVA can be recycled/reused in the same stream already developed for conventional EVA.

The I’m green™ brand represents Braskem’s sustainable portfolio, aligned with its commitment to the circular economy and features bio-based and recycled products. The goal is to combine innovation with sustainable development to achieve a better impact on the planet and society. Since its initial launch, Braskem’s I’m green™ sustainable portfolio of chemicals and polymers has expanded and now includes a range of solutions made from post-consumer plastic waste as well as responsibly sourced bio-based materials including green EVA, all reflecting Braskem’s commitment to innovation and the advancement of the Carbon Neutral Circular Economy. To learn more about Braskem’s sustainable I’m green™ portfolio, please visit online at: https://www.braskem.com.br/imgreen/home-en.

ABOUT DANSKO

Dansko is a leading developer and marketer of premium comfort footwear and is 100% employee-owned. Founded in 1990 by wife-and-husband team Mandy Cabot and Peter Kjellerup, Dansko – literally translated as “Danish shoe” – leads the comfort footwear market in award-winning design and customer service. Today, the company continues to improve the quality of people’s lives through products, passion, and a commitment to a better tomorrow. For more information, please visit www.dansko.com. 

ABOUT BRASKEM

With a global vision of the future oriented towards people and sustainability, Braskem is committed to contributing to the value chain for strengthening the Circular Economy. The petrochemical company’s almost 8,000 team members dedicate themselves every day to improve people’s lives through sustainable chemicals and plastics solutions. Braskem has an innovative DNA and a comprehensive portfolio of plastic resins and chemical products for diverse segments, such as food packaging, construction, manufacturing, automotive, agribusiness, healthcare and hygiene, among others. With 40 industrial units in Brazil, the United States, Mexico and Germany, and net revenue of R$52.3 billion (US$13.2 billion), Braskem exports its products to clients in more than 100 countries.

Braskem America is an indirect wholly owned subsidiary of Braskem S.A. headquartered in Philadelphia. The company is the leading producer of polypropylene in the United States, with six production plants located in Texas, Pennsylvania and West Virginia, an Innovation and Technology Center in Pittsburgh, and operations in Boston focused on leveraging groundbreaking developments in biotechnology and advanced materials. For more information, visit www.braskem.com/usa.

Braskem on English social media:

www.facebook.com/BraskemGlobal 
www.linkedin.com/company/braskem 
www.twitter.com/BraskemSA

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SOURCE Braskem

CINCINNATI, Feb. 17, 2021 /PRNewswire/ — The E.W. Scripps Company (NASDAQ: SSP) has entered into an agreement with iHeartMedia (NASDAQ: IHRT) to sell Triton Digital for $230 million – a cash-on-cash return of 1.6x for a business Scripps acquired in late 2018.

Triton is the global technology and services leader for the digital audio and podcast industry. Scripps bought the company for $150 million, and it has been accretive to segment margins since then.

Scripps – which sold its podcast company Stitcher in October and nearly doubled its return on that investment – was an early entrant into podcasting and digital audio.

The Triton divestiture reflects Scripps’ consistent invest-for-growth strategy that capitalizes on emerging media marketplaces to unlock shareholder value.

“The sale of Triton creates significant value for Scripps’ shareholders and employees, as we close a chapter on our growth of digital audio businesses through a series of successful transactions and a focus on prudent operations, including our core TV business,” said Adam Symson, Scripps president and CEO. “We believe iHeartMedia is a perfect fit for Triton Digital given their focus and position as the leader in audio solutions.”

Scripps Chief Financial Officer Jason Combs said the company would use proceeds from the Triton sale to pay down debt.

“We remain focused on bringing our debt back down to our company’s historical levels as quickly as possible while at the same time we reap the financial benefits of being a new leader in national television as we have been in local broadcast,” Combs said.

Transaction highlights:

• Sale price of $230 million, representing an internal rate of return after taxes in the mid-20% range and a low teens EBITDA multiple
• Proceeds from the sale used primarily to pay down debt
• Tax liability effective rate of 5%
• The move of all Triton employees to iHeart

The Triton transaction is expected to close in the first quarter, pending Hart-Scott-Rodino clearance.

Forward-looking statements
This document contains certain forward-looking statements related to the company’s businesses that are based on management’s current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties, including changes in advertising demand and other economic conditions that could cause actual results to differ materially from the expectations expressed in forward-looking statements. Such forward-looking statements are made as of the date of this document and should be evaluated with the understanding of their inherent uncertainty. A detailed discussion of principal risks and uncertainties, including those engendered by the COVID-19 pandemic, that may cause actual results and events to differ materially from such forward-looking statements is included in the company’s Form 10-K and Form 10-Q, on file with the SEC, in the section titled “Risk Factors.” The company undertakes no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date such statements are made.

About Scripps


The E.W. Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating a better-informed world. As the nation’s fourth-largest local TV broadcaster, Scripps serves communities with quality, objective local journalism and operates a portfolio of 61 stations in 41 markets. Scripps’ national networks reach nearly every American through the news outlets Court TV and Newsy and popular entertainment brands ION, Bounce, Grit, Laff and Court TV Mystery. Scripps is the nation’s largest holder of broadcast spectrum. Scripps runs an award-winning investigative reporting newsroom in Washington, D.C., and is the longtime steward of the Scripps National Spelling Bee. Founded in 1878, Scripps has held for decades to the motto, “Give light and the people will find their own way.”

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SOURCE The E.W. Scripps Company

NAPLES, Fla., Feb. 17, 2021 /PRNewswire/ — Econic Crop Solutions Inc, a Division of ZA Group Inc. (OTCMKTS: ZAAG) is pleased to announce that it has received a signed Letter of Agreement from the Saddle Lake Cree Nation in Alberta for the supply and operation of a facility for “leafy greens production and ancillary food products”. The Saddle Lake Cree Nation, located northeast of Edmonton, Alberta has a population of 11,000 within an occupied land area of 75,000 acres. The Saddle Lake Cree Nation is the second most populous First Nation in Alberta.

The Saddle Lake Band Council has initiated this project for two major reasons. Firstly, the Saddle Lake Business Group has been invited to partner with Sysco Edmonton by providing various fresh food products including leafy greens to that multinational company for sale to its corporate customers in the region. Secondly, the Saddle Lake community is on a mission to demonstrate national leadership in reversing a chronic food security problem in First Nations communities. Statistics Canada recently reported that 50.8% of residents of First Nations communities experience food insecurity which has been defined as not being able to access food to meet dietary needs and food preferences.

Wade Eno, CEO of Econic stated, “We are excited to engage in this new joint venture with our fourth First Nations community partner. We continue the pattern of providing career development and employment opportunities for our First Nations partners while diversifying their business portfolios. We are also very pleased to announce that our technology partner of choice to provide and operate the vertical farming infrastructure for this and future leafy greens production facilities is Foundation Farms (a subsidiary of GMEV, a company that trades on the OTC markets).”

John Morgan, President of ZA Group, stated, “Econic is demonstrating a core principle—true leaders build leaders. Today’s announcement and subsequent action will propel the Saddle Lake First Nations community forward as a recognized national  leader in providing food security for First Nations residents.”    

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SOURCE Econic Crop Solutions Inc

VANCOUVER, British Columbia, Feb. 17, 2021 /PRNewswire/ — Hello Pal International Inc. (“Hello Pal” or the “Company”) (CSE:HP Frankfurt:27H OTC:HLLPF), a provider of rapidly growing international live-streaming, social messaging and language learning mobile apps, is pleased to announce that it has expanded its partnership with Shanghai Yitang Data Technology Co. Ltd. (“Yitang“) to launch the Crypto – Mining Initiative. This will give all Hello Pal users the ability to participate in Bitcoin and Ethereum mining in a simple and convenient way.

Yitang currently manages 35,000 mining machines spread across the North, North West and South East parts of China and has pre-existing contractual arrangements with mining machine vendors to acquire many more in the future.  Through Yitang, the Company will be able to allow users (individually or as a group) to purchase Bitcoin and Ethereum mining machines (or option to purchase fractional parts of the miner), and have the machines hosted and operated by Yitang.  Machines will be personally identifiable to the purchaser(s), and differs from typical ‘cloud mining’ services available.  After the purchase, users can expect the mined cryptocurrency to be credited to their digital wallet each day. Further details will be available after the service is launched.

As a first step in this initiative, the Company has purchased several Bitcoin and Ethereum mining machines and plans to purchase more.  The Bitcoin mining machines (Whatsminer M31S) each have a hash rate of 74T hash/s operating at an efficiency of 44w/T, while the Ethereum machines have MSI 5700 graphics cards at their core with an estimated hash rate of 400M.  The mining results from this initiative will be used to showcase and demonstrate to users what can be expected with a purchase. With each crypto machine purchase, all users can now mine BTC and ETH to learn and create value within their own crypto wallets on the platform.

“It has long been our intention for cryptocurrency to play a central part on our platform, especially given the borderless nature of cryptocurrency and our international nature,” said KL Wong, Founder and Chairman of the Company. “The recent activity and interest in cryptocurrency presents us with a unique opportunity to introduce cryptocurrency to our users, as well as to bring cryptocurrency users to our platform,” he added.

Yitang, a leading provider of digital wallet services with over USD70 million in crypto-assets under management. is also helping the Company to revamp and reintroduce its digital wallet as well as its own digital token called “Palto”. Enabling the Company’s current virtual tokens used on its livestreaming platform to be fully enhanced and backed by blockchain technology.  First launched in 2018 (see news release October 9^th, 2018), the Palto (PLT) is a utility token that will be used across the entire Hello Pal suite of apps in order to allow for the borderless transfer of value between Hello Pal users across the world.

“We believe by starting the crypto-mining initiative this will be true to our mission by creating a platform where it is easy to instantly interact with others around the world and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) in bringing the world closer together,” said Hans Xu Advisor to Hello Pal.

To download Hello Pal please visit the IOS or Android store. For information with respect to the Company or the contents of this news release, please contact the Company at (604) 683-0911 or visit the website at hellopal.com. Email inquiries can be directed to: [email protected].

About the Hello Pal Platform

The Hello Pal Platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, language learning and travel. Hello Pal, has been designed from the ground up to be easy to use and enables users’ the freedom to speak in their own language regardless of the other person’s language they are speaking to. Hello Pal’s overriding mission is to bring the world closer together through social interaction, language learning and travel. By creating a platform where it is easy to instantly interact with others around the world and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) in fostering understanding and tolerance between all citizens of the world.

Information set forth in this news release contains forward-looking statements. These statements reflect management’s current estimates, beliefs, intentions, and expectations; they are not guarantees of future performance. Hello Pal cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Hello Pal’s control. Such risks and uncertainties are described in Hello Pal’s annual and interim financial statements available on www.sedar.com. Although Hello Pal is currently generating revenues, Hello Pal remains in the growth stage and such revenues are yet to be profitable.  Accordingly, actual, and future events, conditions and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Hello Pal undertakes no obligation to publicly update or revise forward-looking information.

THE CSE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

Contact
(604) 683-0911
hellopal.com
[email protected]

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SOURCE Hello Pal International Inc.

SAN FRANCISCO, Feb. 17, 2021 /PRNewswire/ — Bitwise Asset Management, creator of the world’s largest crypto index fund, the $800 million AUM Bitwise 10 Crypto Index Fund (OTCQX: BITW), today announced the launch of the Bitwise DeFi Crypto Index Fund.

Decentralized finance (“DeFi”) refers to the emerging category of digital, peer-to-peer financial services technologies that enable trading, loans, interest accounts, and more. Using public blockchains and cryptoassets rather than legacy systems, DeFi services aim to cut out traditional Wall Street intermediaries, allowing for the potential to facilitate faster operation, 24/7 availability, no minimums or paperwork, full transparency, and auditability.

“DeFi is the story of 2021,” said Matt Hougan, chief investment officer for Bitwise Asset Management. “The growth and activity in the market is incredible. Today there are decentralized trading venues handling over $30 billion in volume per month; automated lending programs making individual loans as large as $200 million; and the total estimated value of funds currently locked into DeFi-related contracts recently crossed $40 billion.”

The new Bitwise fund holds a portfolio of cryptoassets that power these DeFi services, and seeks to track the Bitwise Decentralized Finance Crypto Index. Holdings are screened for important risks, weighted by market capitalization, and rebalanced monthly.

The formal index methodology is public, and is overseen and adjusted on an ongoing basis by the Bitwise Crypto Index Committee.

The Bitwise Crypto Index Committee is supported by the Bitwise Decentralized Finance Advisory Council, a group of industry-leading DeFi experts who provide insights on the emerging sector.

The Advisory Council features:

• Michael Anderson, Managing Partner, Framework Ventures
• Ben Forman, Managing Partner, ParaFi Capital
• Avichal Garg, Managing Partner, Electric Capital
• Aleks Larsen, Venture Investor, Blockchain Capital
• Scott Lewis, Founder, DeFi Pulse

Initial constituents and weights of the Index as of 4 p.m. ET on Feb. 16, 2021, were:

The Fund’s custodian is Anchorage Digital Bank, N.A., which became the first federally chartered digital asset bank in U.S. history in January, and today secures over $5 billion in cryptoassets.

“DeFi is happening now, every day, and the growth is exponential. As the first national digital bank, we’re here to enable its broader adoption as a qualified custodian. We’re happy to enable more DeFi participation through Bitwise’s new fund,” said Diogo Mónica, president and co-founder of Anchorage Digital.

The Fund’s expense ratio is 2.5%, which includes costs related to custody, tax, accounting, and management fees. In the future, the fund may seek to facilitate public trading of shares in a secondary market. 

The fund is now available to accredited investors as a private placement, and is open for subscriptions at www.bitwiseinvestments.com.

About Bitwise Asset Management

Bitwise Asset Management is a leading provider of index and beta crypto funds. Based in San Francisco, Bitwise’s team combines expertise in technology with decades of experience in traditional asset management and indexing—coming from firms including Facebook, Google, Wealthfront, BlackRock, Fidelity, Deutsche Bank, and IndexIQ. Bitwise is backed by leading institutional investors and asset management executives, and is a frequent commentator on crypto in the press. It has been profiled in Institutional Investor, CNBC, Barron’s, Bloomberg, The Wall Street Journal, The New York Times, and many other leading publications. The firm is a trusted partner to financial advisors, RIAs, multifamily offices, hedge funds, and other professional investors as they navigate the crypto space. For more information, visit: www.bitwiseinvestments.com.

About Anchorage Digital Bank

Anchorage Digital Bank makes it simple and secure for institutions to gain exposure to digital assets as the first federally chartered digital asset bank. With secure custody at its core, Anchorage is the premier partner for institutions and corporations. Anchorage offers financial solutions for today and tomorrow. Learn more at anchorage.com.

Diogo Mónica and Nathan McCauley co-founded Anchorage Digital after working together at the forefront of security engineering at Square and Docker. They created Anchorage to bring the best of modern security engineering to institutional custody and banking.

Disclosure

Forward-Looking Statements: This communication includes forward-looking statements. All statements other than statements of historical information provided herein are forward-looking and may contain information about known uncertainties. Some of these forward-looking statements can be identified by the use of forward-looking terminology such as “believes,” “should,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates,” and “anticipates” and the negative thereof and other variations thereof and comparable terminology, and by discussions of strategy, plans, intentions, and unrealized investment results. These statements involve risks, uncertainties, assumptions, and other factors that may cause actual results or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this communication, we caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. We caution the reader that actual results could differ materially from those expected, depending on the outcome of certain factors, including, without limitation, regulatory developments. Readers are cautioned not to place undue reliance on these statements, which speak only as of the date hereof. Past performance is not a guarantee of future results.

This press release is neither an offer to sell nor a solicitation for an offer to buy Interests in any Fund. Any such offer or solicitation will be made solely through definitive offering documents, identified as such, which will contain information about each fund’s investment objectives, terms and conditions of an investment, and may also describe risks and tax information related to an investment therein, and which qualifies in its entirety the information set forth in this press release. Prospective investors must not construe the contents of this document as legal, tax, investment, or other advice. Each prospective investor is urged to consult with its own advisers with respect to legal, tax, regulatory, financial, accounting, and similar consequences of investing in any Fund. The Units and the Shares (the “Interests”) of the Funds have not been registered under the Securities Act of 1933 (“the Securities Act”), the securities laws of any state, or the securities laws of any other jurisdiction, nor is such registration contemplated. The Interests will be and have been offered and sold under the exemption provided by Section 4(a)(2) of the Securities Act of 1933 and Rule 506 of Regulation D promulgated thereunder and other exemptions of similar import in the laws of the states and jurisdictions where the offering will be made. The offer and sale of the Interests have not been registered with or approved or disapproved by the Securities and Exchange Commission (the “SEC”) or the securities commission or regulatory authority of any state or foreign jurisdiction. The Funds mentioned herein are not registered as investment companies under the Investment Company Act of 1940, as amended, and Bitwise believes that such registration is not required.  Bitwise is not registered as an Investment Adviser under the Investment Advisers Act of 1940 (the “Advisers Act”), and is not registered as a Commodity Pool Operator or Commodity Trading Adviser under the Commodity Exchange Act (the “Commodity Exchange Act”). 

The Shares of Funds that are publicly quoted on the OTCQX Best Market are Shares that have become “unrestricted” under Rule 144 of the Securities Act one year and a day subsequent to the date that the Shares were originally issued (although Shares held by affiliates and insiders will be subject to additional restrictions on resales, including restrictions on the number of Shares that may be resold within any three-month period). Shares that have become unrestricted may be quoted on the OTCQX Best Market and may be purchased and sold throughout the trading day through any brokerage account with access to such markets.

No Advice on Investment; Risk of Loss: Prior to making any investment decision in respect of any Fund or Shares of any Fund, each investor must undertake its own independent examination and investigation of the Fund, including the merits and risks involved in an investment in the Fund or Shares, and must base its investment decision—including a determination whether Shares would be a suitable investment for the investor—on such examination and investigation, and must not rely on Bitwise or the Funds in making such investment decision. Prospective investors must not construe the contents of this document as legal, tax, investment, or other advice. Each prospective investor is urged to consult with its own advisors with respect to legal, tax, regulatory, financial, accounting, and similar consequences of investing in any Fund, the suitability of the investment for such investor, and other relevant matters concerning an investment in the Fund. This press release contains limited information regarding the terms of the Fund. The summary set forth on this document does not purport to be complete, and is qualified in its entirety by reference to the definitive offering documents relating to each Fund and/or in each case, if available in addition, the Fund’s Annual Report or Information Statement and Quarterly Reports, which can be found on www.otcmarkets.com for the Bitwise 10 Crypto Index Fund (Symbol: BITW). Do not place undue reliance on this press release.

Information May Change and Be Inaccurate, Incomplete, or Outdated: The information in this press release is for discussion purposes only, and no representations or warranties are given or implied. All of the information presented herein is subject to change without notice.

For More Information

www.bitwiseinvestments.com

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SOURCE Bitwise Asset Management

FREMONT, Calif., Feb. 17, 2021 /PRNewswire/ — Ardelyx, Inc. (Nasdaq: ARDX), a biopharmaceutical company focused on developing innovative first-in-class medicines to improve treatment for people with kidney and cardiovascular diseases, today announced that Mike Raab, president and chief executive officer of Ardelyx, will participate in a fireside chat at the 10^th Annual SVB Leerink Global Healthcare Conference at 3:00 p.m. ET on Wednesday, Feb. 24, 2021.

To access the webcast of Ardelyx’s presentation please visit the Events and Presentations page within the Ardelyx website at https://ir.ardelyx.com/events-and-presentations. A replay of the fireside chat will be available on the Ardelyx website for 60 days following the presentation.

About Ardelyx, Inc.
Ardelyx is focused on developing innovative first-in-class medicines to enhance the lives of patients with kidney and cardiovascular diseases. Ardelyx is advancing tenapanor, a novel product candidate to control serum phosphorus in adult patients with CKD on dialysis, for which the company’s NDA is currently under review by the FDA, with a PDUFA date of April 29, 2021. Ardelyx is also advancing RDX013, a potassium secretagogue program, for the potential treatment of high potassium, or hyperkalemia, a problem among certain patients with kidney and/or heart disease. In addition, Ardelyx received FDA approval of IBSRELA^® (tenapanor) on September 12, 2019. Ardelyx has established agreements with Kyowa Kirin in Japan, Fosun Pharma in China and Knight Therapeutics in Canada for the development and commercialization of tenapanor in the respective territories.

View original content to download multimedia:http://www.prnewswire.com/news-releases/ardelyx-to-present-at-the-10th-annual-svb-leerink-global-healthcare-conference-301229549.html

SOURCE Ardelyx