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Fastly Enhances Live Streaming and Video-On-Demand Portfolio As Organisations Power Remote Digital Experiences

Fastly Enhances Live Streaming and Video-On-Demand Portfolio As Organisations Power Remote Digital Experiences

New features will enable technologists to accommodate accelerated innovation for immediate and long-term video streaming demands

SAN FRANCISCO–(BUSINESS WIRE)–Fastly, Inc. (NYSE: FSLY), provider of a global edge cloud platform, today announced advancements to its comprehensive portfolio of live event and video-on-demand services. As organisations continue to experience a shift from in-person to online, the need to deliver high-quality, low-latency content in a secure and scalable way has become more crucial than ever before. Fastly’s enhanced Live Event Services and video-on-demand features will enable developers to respond to a recent rise in live streaming events influenced by the COVID-19 pandemic, in addition to preparing for long-term video streaming trends.

“COVID has drastically accelerated the quantity and frequency of live streaming viewership that we were already seeing pre-pandemic,” said Lee Chen, vice president of corporate development and strategic partnerships at Fastly. “The gap between those investing in streaming technologies and those who are not, is widening and becoming more prominent than ever before. Having the correct set of tools and technologies is essential for businesses to accelerate their digital transformation and stay ahead of their competitors.”

Fastly’s new engineering innovations further strengthen its existing portfolio of live-streaming solutions and services. In addition to helping organisations deliver large-scale, low-latency streams, customers are able to make the most of real-time monitoring, capacity planning, and flexible deployment options.

Fastly’s Live Events offering now includes:

  • Media Shield with Origin Insights: Technologists can optimise multi-CDN deployments and reduce streaming costs, while gaining real-time analytics and visibility into the egress data collected from the origin infrastructure to Fastly’s Edge Cloud.
  • Live Event Monitoring: Organisations can rely ona team of Fastly experts to monitor, alert, and troubleshoot complex issues throughout high-profile, mission-critical events, enabling a faster, more consistent viewer experience.
  • Capacity Reservations: Organisations can easily reserve additional bandwidth to prepare for high-traffic events.
  • Real-time Observability: Technologists can gain real-time insights into how their users are consuming streaming content, empowering them to proactively identify and fix potential issues.

Accelerated by the COVID-19 pandemic, the number of video-on-demand users is projected to be up by nearly 50 million at the end of this year. Fastly’s video-on-demand services now include:

  • Device Detection: Video engineers can write logic to tailor content for a variety of device types, improving delivery quality and user experience.
  • Enhanced On-the-fly Packager (OTFP): Organisations can cut costs associated with duplicating content for different packaging HTTP streaming protocols. Enhancements include multi-language audio and additional DRM partner integrations.
  • VPN/Proxy Detection: Enhanced programmability at the edge enables organisations to detect when VPNs and proxies are being used to bypass content protection.

“Fastly makes it easier for us to manage large numbers of concurrent users in a predictive way, lowering costs and better preparing us for crucial moments such as the La Voz program premier, the Veneno premier on Atresmedia Premium, and for national election debates,” said Head of Digital Media Solutions at Atresmedia Raquel Fernández. “Additionally, with Media Shield, we’ve been able to predict bandwidth needs more accurately and reduce the cost of access to origin by 60%.”

For more information about Fastly’s Live Events and video-on-demand solutions, visit: https://www.fastly.com/solutions/live-event-services and https://www.fastly.com/products/media-and-streaming/video-on-demand.

About Fastly

Fastly helps people stay better connected with the things they love. Fastly’s edge cloud platform enables customers to create great digital experiences quickly, securely, and reliably by processing, serving, and securing our customers’ applications as close to their end-users as possible — at the edge of the internet. Fastly’s platform is designed to take advantage of the modern internet, to be programmable, and to support agile software development with unmatched visibility and minimal latency, empowering developers to innovate with both performance and security. Fastly’s customers include many of the world’s most prominent companies, including Vimeo, Pinterest, The New York Times, and GitHub.

Media Contact

Elaine Greenberg

press@fastly.com

Investor Contact

ir@fastly.com

KEYWORDS: California North America United States Australia Australia/Oceania New Zealand

INDUSTRY KEYWORDS: Online Consumer Electronics Mobile Entertainment Technology Events/Concerts Audio/Video Other Entertainment TV and Radio Film & Motion Pictures Telecommunications Software Entertainment Networks Internet Mobile/Wireless

MEDIA:

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Brickell Biotech Announces Pricing of $15.0 Million Underwritten Public Offering

BOULDER, Colo., Oct. 22, 2020 (GLOBE NEWSWIRE) — Brickell Biotech, Inc. (“Brickell”) (Nasdaq: BBI), a clinical-stage pharmaceutical company focused on developing innovative and differentiated prescription therapeutics for the treatment of debilitating skin diseases, today announced the pricing of an underwritten public offering of 20,833,322 shares of common stock or common stock equivalents (which includes pre-funded warrants to purchase shares of common stock in lieu of shares of common stock) and investor warrants to purchase up to an aggregate of 20,833,322 shares of common stock. Each share of common stock (or pre-funded warrant in lieu thereof) is being sold together with one, immediately exercisable investor warrant with a five year term to purchase one share of common stock at an exercise price of $0.72 per share. The shares and warrants are being sold at a combined offering price of $0.72, for total gross proceeds of approximately $15.0 million, before underwriting discounts and commissions and offering expenses payable by Brickell. The offering is expected to close on or about October 27, 2020, subject to the satisfaction or waiver of customary closing conditions.

Brickell anticipates using the net proceeds from the offering for research and development, including clinical trials, working capital and general corporate purposes.

Oppenheimer & Co. Inc. is acting as the sole book-running manager in connection with the offering and Lake Street Capital Markets, LLC is acting as lead manager.

The securities will be offered pursuant to a registration statement on Form S-1, as amended (File No. 333-249441), which was declared effective by the Securities and Exchange Commission (the “SEC”) on October 22, 2020. The offering is being made solely by means of a prospectus. A preliminary prospectus relating to and describing the terms of the offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov. Copies of the preliminary prospectus and, when available, copies of the final prospectus relating to this offering can be obtained at the SEC’s website at www.sec.gov or from Oppenheimer & Co. Inc., Attention: Syndicate Prospectus Department, 85 Broad St., 26th Floor, New York, NY 10004, by telephone at (212) 667-8055 or by email at EquityProspectus@opco.com.

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

About Brickell

Brickell Biotech, Inc. is a clinical-stage pharmaceutical company focused on developing innovative and differentiated prescription therapeutics for the treatment of debilitating skin diseases. Brickell’s pipeline consists of potential novel therapeutics for hyperhidrosis and other prevalent dermatological conditions. Brickell’s executive management team and board of directors bring extensive experience in product development and global commercialization, having served in leadership roles at large global pharmaceutical companies and biotechs that have developed and/or launched successful products, including several that were first-in-class and/or achieved iconic status, such as Cialis®, Taltz®, Gemzar®, Prozac®, Cymbalta® and Juvederm®. Brickell’s strategy is to leverage this experience to in-license, acquire, develop and commercialize innovative products that Brickell believes can be successful in the currently underserved dermatology global marketplace. For more information, visit https://www.brickellbio.com.

Cautionary Note Regarding Forward-Looking Statements

Any statements made in this press release relating to our expectations regarding the completion, timing and size of the offering and the anticipated use of net proceeds are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. In addition, when or if used in this press release, the words “may,” “could,” “should,” “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “predict” and similar expressions and their variants, as they relate to Brickell, may identify forward-looking statements. Brickell cautions that these forward-looking statements are subject to numerous assumptions, risks, and uncertainties, which change over time, often quickly and in unanticipated ways. Important factors that may cause actual results to differ materially from the results discussed in the forward-looking statements or historical experience include risks and uncertainties, including without limitation, market conditions and the satisfaction of customary closing conditions related to the offering, ability to obtain adequate financing to advance product development, ability to maintain and enforce intellectual property rights, potential delays for any reason in product development, regulatory changes, unsuccessful clinical trials, unanticipated demands on cash resources, any disruption to our business caused by the current COVID-19 pandemic, interruptions, disruption or inability to launch and commercialize the product by Kaken in Japan, or obtain adequate pricing, and other risks associated with developing and obtaining regulatory approval for and commercializing product candidates.

Further information on the factors and risks that could cause actual results to differ from any forward-looking statements are contained in Brickell’s filings with the United States Securities and Exchange Commission (SEC), which are available at https://www.sec.gov (or at https://www.brickellbio.com). The forward-looking statements represent the estimates of Brickell as of the date hereof only, and Brickell specifically disclaims any duty or obligation to update forward-looking statements.

Brickell Investor Contact:

Dan Ferry
LifeSci Advisors
(617) 430-7576
daniel@lifesciadvisors.com

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TransAlta Renewables Executes 15-year Contract Extension in Western Australia with BHP Nickel West

PR Newswire

CALGARY, AB, Oct. 22, 2020 /PRNewswire/ – TransAlta Renewables Inc. (“TransAlta Renewables” or the “Company”) (TSX: RNW) announced today that Southern Cross Energy (“SCE”) has amended and extended its current power purchase agreement (“PPA”) with BHP Billiton Nickel West Pty Ltd (“BHP”) in respect of SCE’s 245 MW of generation facilities in the Goldfields region of Western Australia. The amendment to the PPA replaces the previous contract that was scheduled to expire December 31, 2023. The Company owns an indirect economic interest in SCE.  

“This is an exciting announcement for our Australian business and continues a strong relationship with our customer BHP Nickel West,” said John Kousinioris, President and Chief Executive Officer of TransAlta Renewables. “Western Australia is an important market for us, where we have been operating for over 24 years.”

The PPA amendment extends the term to December 31, 2038 and provides SCE with the exclusive right to supply electrical energy to BHP’s mining operations located in the Goldfields region of Western Australia. The amendment preserves SCE’s current economic benefit to 2023, while also providing SCE a return of and on new capital investments which will be required to support BHP’s future power requirements and recently announced emission reduction targets. The PPA provides BHP with the ability to integrate renewable electricity generation, including solar and wind, with energy storage technologies, to meet its emissions reduction targets and deliver lower carbon, sustainable nickel to its customers. The amended PPA also provides BHP participation rights in new capital investments, subject to the satisfaction of certain conditions.    

The evaluation of renewable energy supply and carbon emissions reduction initiatives under the extended PPA with SCE are already under way, including an 18.5 MW solar photovoltaic farm at Nickel West’s Leinster and Mount Keith operations, supported by a battery energy storage system. A 17 MW waste heat steam turbine system at the Kalgoorlie Smelter is also being evaluated to provide low-emissions electricity from furnace heat recovery. 


About TransAlta Renewables Inc.

TransAlta Renewables is among the largest of any publicly traded renewable independent power producers (“IPP”) in Canada. Our asset platform and economic interests are diversified in terms of geography, generation and counterparties and consist of interests in 23 wind facilities, 13 hydroelectric facilities, seven natural gas generation facilities, one solar facility, one natural gas pipeline, and one battery storage project, representing an ownership interest of 2,537 megawatts of owned generating capacity, located in the provinces of British Columbia, Alberta, Ontario, Québec, New Brunswick, the States of Wyoming, Massachusetts, Minnesota and the State of Western Australia. Our objectives are to (i) provide stable, consistent returns for investors through the ownership of, and investment in, highly contracted renewable and natural gas power generation and other infrastructure assets that provide stable cash flow primarily through long-term contracts with strong counterparties; (ii) pursue and capitalize on strategic growth opportunities in the renewable and natural gas power generation and other infrastructure sectors; (iii) maintain diversity in terms of geography, generation and counterparties; and (iv) pay out 80 to 85 per cent of cash available for distribution to the shareholders of the Company on an annual basis.


Cautionary Statement Regarding Forward Looking Information

This news release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “may”, “will”, “project”, “should”, “propose”, “plans”, “intends” and similar expressions are intended to identify forward looking information or statements. More particularly, and without limitation, this news release contains forward looking statements and information relating execution of the and the potential benefits of the contract renewal; the integration of renewable electricity generation, including the 18.5 MW solar photovoltaic farm at Nickel West’s Leinster and Mount Keith operations, and a 17 MW waste heat steam turbine system at the Kalgoorlie Smelter. These forward looking statements are based on a number of assumptions considered by the Company to be reasonable as of the date of this news release, including, but not limited to, the following: no significant changes to applicable laws and regulations, including any tax and regulatory changes; no significant changes to our relationship with BHP; and assumptions regarding our current strategy and priorities, including as it pertains to behind-the-fence investment in Western Australia. The forward looking statements are subject to a number of risks and uncertainties that may cause actual performance, events or results to differ materially from those contemplated by the forward looking statements, which include: disruptions to natural gas fuel source, changes in economic and market conditions; changes in tax, environmental, regulatory and other laws and regulations; and other risks and uncertainties discussed in the Company’s materials filed with the Canadian securities regulatory authorities from time to time and as also set forth in the Company’s Annual Information Form and Management’s Discussion and Analysis for the year ended December 31, 2019, filed under the Company’s profile with the Canadian securities regulators on 

www.sedar.com

. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release. The Company undertakes no obligation to update or revise any forward looking information except as required by law.

Note: Unless otherwise noted, all financial figures are in Canadian dollars.

Cision View original content:http://www.prnewswire.com/news-releases/transalta-renewables-executes-15-year-contract-extension-in-western-australia-with-bhp-nickel-west-301158466.html

SOURCE TransAlta Renewables Inc

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Company Profile for Power Integrations

Company Profile for Power Integrations

–(BUSINESS WIRE)–
Power Integrations, Inc., is a Silicon Valley-based supplier of high-performance components used in high-voltage power conversion. Our integrated circuits enable compact, energy-efficient AC-DC power supplies for a vast range of electronic products including smartphones, appliances, smart utility meters, LED lights and numerous industrial applications, while our SCALE™ gate drivers are critical components in high-power systems such as solar and wind energy, industrial motor drives, electric vehicles and high-voltage DC transmission lines. Since its introduction in 1998, Power Integrations’ EcoSmart® energy-efficiency technology has prevented billions of dollars’ worth of energy waste and millions of tons of carbon emissions. Reflecting the environmental benefits of our products, Power Integrations’ stock is a component of clean-technology stock indices sponsored by Cleantech Group LLC and Clean Edge. Visit our Green Room for a comprehensive guide to energy-efficiency standards around the world.

Company:

  

Power Integrations

 

 

 

Headquarters Address:

  

5245 Hellyer Avenue

 

 

San Jose, CA 95138

 

 

 

Main Telephone:

  

408-414-9200

 

 

 

Website:

  

www.power.com

 

 

 

Ticker/ISIN:

  

POWI(NASDAQ)/US7392761034

 

 

 

Key Executives:

  

CEO: Balu Balakrishnan

 

 

CFO: Sandeep Nayyar

 

 

Vice President, Marketing: Doug Bailey

 

 

 

Public Relations

  

 

Contact:

  

Diane Vanasse

Phone:

  

+1 408-242-0027

Email:

  

diane.vanasse@power.com

 

 

 

Investor Relations

  

 

Contact:

  

Joe Shiffler

Phone:

  

+1 408-414-8528

Email:

  

joe.shiffler@power.com

 

 

 

Public Relations

  

 

Contact:

  

Nick Foot

Phone:

  

+44 (0) 1491-636 393

Email:

  

Nick.Foot@BWWComms.com

 

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Other Energy Utilities Alternative Energy Energy Alternative Vehicles/Fuels Automotive Consumer Electronics Technology

MEDIA:

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Shareholder Alert: Robbins LLP Announces It Is Investigating Super Micro Computer, Inc. (SMCI)

Shareholder Alert: Robbins LLP Announces It Is Investigating Super Micro Computer, Inc. (SMCI)

SAN DIEGO & SAN JOSE, Calif.–(BUSINESS WIRE)–
Shareholder rights law firm Robbins LLP is investigating whether the officers and directors of Super Micro Computer, Inc. (NasdaqGS: SMCI) breached their fiduciary duty to shareholders. Super Micro develops and manufactures high-performance server and storage solutions.

If you suffered a loss due to Super Micro Computer, Inc.’s misconduct, click here.

Super Micro Computer, Inc. (SMCI) Engaged in Improper Revenue Recognition Scheme

Super Micro had a precarious few years in which it missed SEC financial disclosure deadlines due to accounting irregularities and was subject to an investigation by the SEC for its accounting practices. The Company’s deteriorating operating performance led to a corresponding decline in its stock price. To combat this, certain Super Micro officers and directors engaged in a scheme to improperly recognize revenue when shipping unfinished product or when shipping to the Company’s warehouses. At the same time, the officers and directors falsely reassured investors regarding the accuracy of the Company’s financial reporting.

Then, in October 2017, Super Micro announced that it would be unable to timely file its fiscal year 2017 Form 10-K. Super Micro failed to file its required SEC filings for the next twenty months, resulting in the Company’s delisting from the Nasdaq and the termination of three members of its senior management. Finally, on May 17, 2019, Super Micro issued a restatement for a five-year period (2013-2017) admitting that the Company and its officers and managers were aware of, engaged in, and concealed sales and accounting misconduct motivated by an aggressive focus on increasing quarterly financial results. As a result, Super Micro’s earnings per share and revenues were artificially inflated by 32% and $40 million, respectively, and the Company incurred $109 million in investigatory costs. The Company is the subject of a federal securities class action and a cease-and-desist order issued by the SEC, which required Super Micro to pay $17.5 million due to its misconduct.

Contact us to learn more:

Lauren Levi

(800) 350-6003

llevi@robbinsllp.com

Shareholder Information Form

Robbins LLP is a nationally recognized leader in shareholder rights law. To be notified if a class action against Super Micro settles or to receive free alerts about companies engaged in wrongdoing, sign up for Stock Watch today.

Attorney Advertising. Past results do not guarantee a similar outcome.

Lauren Levi

Robbins LLP

(800) 350-6003

llevi@robbinsllp.com

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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ROSEN, A LEADING LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against Loop Industries, Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm – LOOP

PR Newswire

NEW YORK, Oct. 22, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Loop Industries, Inc. (NASDAQ: LOOP) between September 24, 2018 and October 12, 2020, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Loop investors under the federal securities laws.

To join the Loop class action, go to http://www.rosenlegal.com/cases-register-1969.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Loop scientists were encouraged to misrepresent the results of Loop’s purportedly proprietary process; (2) Loop did not have the technology to break PET down to its base chemicals at a recovery rate of 100%; (3) as a result, the Company was unlikely to realize the purported benefits of Loop’s announced partnerships with Indorama and Thyssenkrupp; and (4) as a result of the foregoing, defendants’ positive statements about Loop’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 14, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1969.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      cases@rosenlegal.com
      www.rosenlegal.com

 

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SOURCE Rosen Law Firm, P.A.

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Taseko To Release Third Quarter 2020 Results

PR Newswire

VANCOUVER, BC, Oct. 22, 2020 /PRNewswire/ -Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) (the “Company”) will release its third quarter 2020 financial results after market close on Monday, October 26, 2020.

The Company will host a telephone conference call and live webcast on Tuesday, October 27, 2020 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific) to discuss these results.  After opening remarks by management, there will be a question and answer session open to analysts and investors.

The conference call may be accessed by dialing (888) 390-0546 in Canada and the United States, or (416) 764-8688 internationally.

The conference call will be archived for later playback until November 13, 2020 and can be accessed by dialing (888) 390-0541 in Canada and the United States, or (416) 764-8677 internationally and using the passcode 277617 #.

Russell Hallbauer

CEO and Director

No regulatory authority has approved or disapproved of the information contained in this news release.

Cision View original content:http://www.prnewswire.com/news-releases/taseko-to-release-third-quarter-2020-results-301158489.html

SOURCE Taseko Mines Limited

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Horizon Acquisition Corporation II Announces Completion of $500 Million Initial Public Offering

Horizon Acquisition Corporation II Announces Completion of $500 Million Initial Public Offering

GREENWICH, Conn.–(BUSINESS WIRE)–
Horizon Acquisition Corporation II (the “Company”), a newly incorporated blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 50,000,000 units at a price of $10.00 per unit.

The units are listed on the New York Stock Exchange (the “NYSE”) under the ticker symbol “HZON.U”. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Company expects that the Class A ordinary shares and redeemable warrants will be listed on the NYSE under the symbols “HZON” and “HZON WS,” respectively.

The Company is sponsored by Horizon II Sponsor, LLC, an affiliate of Eldridge Industries, LLC (“Eldridge”) and MRC (aka Valence Media Partners, LLC). The Company will be led by Todd Boehly, the Co-founder, Chairman, and Chief Executive Officer of Eldridge. Asif Satchu and Modi Wiczyk, co-CEOs of MRC, will serve on the board of directors of the Company alongside Todd Boehly and Jason Robins, the CEO of Draftkings, Inc. While the Company may pursue an initial business combination target in any industry, it currently intends to concentrate its search for a target business operating in the media and entertainment industries, with a focus on businesses with differentiated product and service offerings.

Deutsche Bank Securities Inc. served as lead book-running manager for the offering. Credit Suisse Securities (USA) LLC and RBC Capital Markets, LLC served as book-running managers for the offering.

The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from: Deutsche Bank Securities Inc., Attn: Prospectus Department, 60 Wall Street, New York, New York 10005, Telephone: 1-800-503-4611, email: prospectus.cpdg@db.com; Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, NC 27560, Telephone: 1-800-221-1037, email: usa.prospectus@credit-suisse.com; or RBC Capital Markets, LLC, Attention: Equity Syndicate, 200 Vesey Street, 8th Floor, New York, New York 10281, Telephone at 1-877-822-4089, email: equityprospectus@rbccm.com.

A registration statement relating to the securities became effective on October 19, 2020. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the Securities and Exchange Commission (“SEC”). Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Nadia Damouni

646-818-9217

ndamouni@prosek.com

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Professional Services Entertainment Communications General Entertainment Finance Other Communications

MEDIA:

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Stop & Shop Donates $5,500 to Middlesex Community College Food Pantry

Donation Will Provide Food and Other Essentials to Students Facing Food Insecurity

HARTFORD, Conn., Oct. 22, 2020 (GLOBE NEWSWIRE) — With many facing increased financial strain as a result of the COVID-19 pandemic, Stop & Shop today announced a $5,500 donation to the Middlesex Community College Magic Food Bus School Food Pantry. This grant will assist the MxCC Magic Food Bus pantry in providing nutritious options and basic necessities to students in needs.

“Many in our communities have been forced to face a new challenge as a result of COVID-19 – and that is hunger,” shares Maura O’Brien, Stop & Shop Manager of Community Relations. “Students face a unique set of difficulties and lessening the burden of food insecurity that many students face everyday will help them to focus on their education and their future. Stop & Shop is proud to assist in supporting the Middlesex Community College on-campus Magic Food Bus pantry, helping to ensure students have access to food to help them succeed.”

Stop & Shop’s donation will benefit MxCC students in need by offering them food and financial support to purchase groceries and other essentials. The Magic Food Bus pantry’s operation will focus on providing nutritious options to students. Stop & Shop will also provide students with nutrition education and other resources through its Nutrition Partners program, led by Stop & Shop’s team of registered dietitians.

“We are incredibly proud to launch this partnership with Stop & Shop to address food insecurity among our students,” adds college CEO Steven Minkler. “Since the Magic Food Bus opened in 2016, we have served over 3,000 students and their family members, providing them with non-perishable food items, toiletries, and other basic necessities. My heart goes out to these students, and my thanks go to the many volunteers, donors, foundations, and corporate partners who make all of this possible.”

A ribbon cutting ceremony held on Thursday, October 22th at the Middlesex Community College campus located on 100 Training Hill Road in Middletown, Connecticut, commemorating the pantry’s opening, further solidifying Stop & Shop and Middlesex Community College’s commitment to eradicating food insecurity faced by students.

For more information on Stop & Shop’s programs to support local communities, visit https://stopandshop.com/community/.

For more information on Middlesex Community College’s Magic Food Bus, visit https://mxcc.edu/magic-food-bus/.

About Stop & Shop

A neighborhood grocer for more than 100 years, today’s Stop & Shop is refreshed, reenergized and inspired, delivering new conveniences for customers. Committed to helping its communities enjoy better food and better lives, Stop & Shop has a longstanding history of giving back to the neighborhoods it serves with a focus on fighting hunger and pediatric cancer care and research. The Stop & Shop Supermarket Company LLC is an Ahold Delhaize USA Company and employs nearly 60,000 associates and operates over 400 stores throughout Massachusetts, Connecticut, Rhode Island, New York and New Jersey. To learn more about Stop & Shop, visit stopandshop.com.  

About
Middlesex Community College
:

Since 1966, Middlesex Community College has provided high-quality, affordable, and accessible education to a diverse population, enhancing the strengths of individuals through degree, certificate, and lifelong learning programs that lead to university transfer, employment, and an enriched awareness of our shared responsibilities as global citizens. A part of the Connecticut State Colleges and Universities system, MxCC offers more than 70 degree or certificate programs at the 35-acre campus in Middletown, MxCC@Platt in Meriden, and online.

Media Contacts:

Maura O’Brien
Manager, External Communications & Community Relations, Stop & Shop
maura.obrien@stopandshop.com

Steven Minkler
Chief Executive Officer, Middlesex Community College
SMinkler@mxcc.commnet.edu

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00cdbe74-f0ed-4077-a876-ea9a44bbe20d.

Posted on

Kimball Electronics, Inc. Announces Live Webcast of First Quarter Fiscal Year 2021 Financial Results Conference Call

JASPER, Ind., Oct. 22, 2020 (GLOBE NEWSWIRE) — Kimball Electronics, Inc. (Nasdaq: KE) will announce its first quarter fiscal year 2021 financial results on Tuesday, November 3, 2020 after the closing of the market.

The company will hold a conference call and live webcast to review the results on Wednesday, November 4, 2020, at 10:00 a.m. Eastern Time.

The telephone number to access the conference call is 800-992-4934 or internationally at 937-502-2251. Please reference conference ID 7190817.  The live webcast of the conference call can be accessed at investors.kimballelectronics.com/events-and-presentations.

For those unable to participate in the live webcast, the call will be archived at investors.kimballelectronics.com/events-and-presentations.

About
Kimball Electronics, Inc.

Kimball Electronics is a multifaceted manufacturing solutions provider of electronics and diversified contract manufacturing services to customers around the world. From our operations in the United States, China, India, Japan, Mexico, Poland, Romania, Thailand, and Vietnam, our teams are proud to provide manufacturing services for a variety of industries. Recognized for a reputation of excellence, we are committed to a high-performance culture that values personal and organizational commitment to quality, reliability, value, speed, and ethical behavior. Kimball Electronics, Inc. (Nasdaq: KE) is headquartered in Jasper, Indiana.

To learn more about Kimball Electronics, visit: www.kimballelectronics.com.

Lasting relationships. Global success.

CONTACT:
Adam W. Smith
Treasurer
Telephone: 812.634.4000
E-mail: Investor.Relations@kimballelectronics.com