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VIQ Solutions Files Amended Q2 2020 Interim Financial Statements and YE 2019, Q1 2020 and Q2 2020 MD&A

VIQ Solutions Files Amended Q2 2020 Interim Financial Statements and YE 2019, Q1 2020 and Q2 2020 MD&A

PHOENIX, Ariz.–(BUSINESS WIRE)–VIQ Solutions Inc. (“VIQ” or the “Company”) (TSX Venture Exchange: VQS and OTC Markets: VQSLF), a global provider of secure, AI-driven, digital voice and video capture technology and transcription services, announced today that it has refiled its interim financial statements for the six months ended June 30, 2020 and 2019, its interim management’s discussion and analysis (“MD&A”) for the six months ended June 30, 2020 and 2019, its MD&A for the three months ended March 31, 2020 and 2019 and its MD&A for the years ended December 31, 2019 and 2018 (collectively the “Amended Filings”). The Company’s revenue and Adjusted EBITDA for the respective periods covered by the Amended Filings have remained unchanged.

The Amended Filings were prepared following a continuous disclosure review by the staff of the Ontario Securities Commission (the “OSC”) of the Company’s disclosure record in connection with the Company’s previously announced $20M bought deal prospectus offering. The Amended Filings address comments received from OSC staff in order to clarify disclosure in the Company’s previous filings. In particular, the Amended Filings have been revised to:

  • more clearly disclose its results of operations and the period over period change in the Company’s results of operations in the Amended Filings;
  • provide additional comparative financial information and remove references to non-recurring, infrequent and unusual amounts;
  • clarify and provide additional disclosure explaining non-IFRS measures presented in the Amended Filings, specifically Adjusted EBITDA and has provided a reconciliation clarifying the calculation of Adjusted EBITDA in each of the Amended Filings;
  • reflect mandatory disclosures associated with the acquisitions executed during the first quarter of 2020, as well as adjustments to correct material differences associated with the accounting for business combinations, the recognition of financial instruments, government assistance and the presentation of certain financing related costs;
  • provide additional disclosure relating to the Company’s liquidity and available capital resources, the Company’s critical accounting policies and estimates and the impact of seasonality on the Company’s business, as well as to restate disclosure respecting outstanding Company securities; and
  • restate: (i) the Company’s enterprise value as at June 30, 2020 and the increase in the Company’s enterprise value from its enterprise value as at June 30, 2019; (ii) the year-over-year growth in the Company’s Adjusted EBITDA; (iii) the Company’s weighted average number of common shares outstanding for the six months ended June 30, 2020; and (iv) the amortization of intangible assets acquired during 2020 recognized by the Company during the three months ended June 30, 2020.

The Amended Filings are available under the Company’s profile on SEDAR at www.sedar.com.

Audit Committee Clarification

The Company wishes to clarify that from May 2018 to November 12, 2020, the Company’s audit committee was comprised of only two members and not three as required under National Instrument 52-110. As of the date of this news release, the Company’s audit committee is comprised of the following three directors: Joseph Quarin, Michael Kessel and Harvey Gordon, each of whom is independent as such term is defined in section 1.4 of National Instrument 52-110.

About VIQ Solutions Inc.

VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services. VIQ offers a seamless, comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information. The cyber-secure, AI technology and services platform are implemented in the most rigid security environments including criminal justice, legal, insurance, media, government, corporate finance, media, and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights and to achieve digital transformation faster and at a lower cost.

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

Media:

Laura Haggard

Chief Marketing Officer

VIQ Solutions

Phone: (800) 263-9947

Email: [email protected]

Investor Relations:

Laura Kiernan

High Touch Investor Relations

Phone: 1-914-598-7733

Email: [email protected]

KEYWORDS: Arizona United States North America

INDUSTRY KEYWORDS: Software Technology Audio/Video

MEDIA:

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Cathay General Bancorp Declares $0.31 Per Share Dividend

PR Newswire

LOS ANGELES, Nov. 19, 2020 /PRNewswire/ — Cathay General Bancorp (Nasdaq: CATY) announced today that its Board of Directors declared a cash dividend of thirty-one cents per common share, payable on December 11, 2020, to stockholders of record at the close of business on December 1, 2020.

ABOUT CATHAY GENERAL BANCORP

Cathay General Bancorp is the holding company for Cathay Bank, a California state-chartered bank.  Cathay General Bancorp’s website is found at www.cathaygeneralbancorp.com. Founded in 1962, Cathay Bank offers a wide range of financial services. Cathay Bank currently operates 38 branches in California, 10 branches in New York State, four in Washington State, three in Illinois, two in Texas, one in Maryland, one in Massachusetts, one in Nevada, one in New Jersey, one in Hong Kong, and a representative office in Beijing, Shanghai and Taipei. Cathay Bank’s website is found at www.cathaybank.com.

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SOURCE Cathay General Bancorp

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Sinclair Prices Private Offering of Senior Secured Notes of Sinclair Television Group, Inc.

PR Newswire

BALTIMORE, Nov. 19, 2020 /PRNewswire/ — Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the “Issuer”), has priced its previously announced private offering for an aggregate principal amount of $750 million of Senior Secured Notes due 2030 (the “2030 Notes”).

The 2030 Notes were priced at 100% of their face amount and will bear interest at a rate of 4.125% per annum payable semi-annually on June 1 and December 1, commencing June 1, 2021.  The 2030 Notes will mature on December 1, 2030. The private placement of the 2030 Notes is conditioned on customary closing conditions and is expected to close on December 4, 2020.

The net proceeds from the private placement of the 2030 Notes will be used to redeem the Issuer’s $550 million of 5.625% Senior Notes due 2024 (the “2024 Notes”) at par plus a call premium of approximately $10.3 million and to repay amounts outstanding under the Issuer’s term loan with a January 2024 stated maturity date.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the 2030 Notes or any other securities, nor shall there be any offer or sale of the 2030 Notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.  This press release is neither an offer to purchase nor a solicitation of an offer to sell the 2024 Notes, and this press release shall not constitute an offer to sell nor a solicitation of an offer to buy any securities.

The 2030 Notes have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”) or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.  Accordingly, the 2030 Notes are expected to be offered and sold only (a) to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) and (b) outside the United States, to non-U.S. persons in compliance with Regulation S under the Securities Act.

About Sinclair Broadcast Group, Inc.
Sinclair is a diversified media company and leading provider of local sports and news. The Company owns and/or operates 23 regional sports network brands; owns, operates and/or provides services to 190 television stations in 88 markets; is a leading local news provider in the country; owns multiple national networks; and has TV stations affiliated with all the major broadcast networks. Sinclair’s content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and digital platforms. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.

Forward-Looking Statements:

The matters discussed in this news release include forward-looking statements regarding, among other things, future events and actions.  When used in this news release, the words “outlook,” “intends to,” “believes,” “anticipates,” “expects,” “achieves,” “estimates,” and similar expressions are intended to identify forward-looking statements.  Such statements are subject to a number of risks and uncertainties. Actual results in the future could differ materially and adversely from those described in the forward-looking statements as a result of various important factors, including and in addition to the assumptions set forth therein, but not limited to, STG’s ability to consummate the offering of the 2030 Notes and the redemption of the 2024 Notes, the potential impacts of the COVID-19 pandemic on our business operations, financial results and financial position and on the world economy, the impact of changes in national and regional economies,  the significant disruption to the operations of the professional sports leagues and the macroeconomy caused by COVID-19 may result in the recognition of further impairment charges on our goodwill and definite-lived intangible assets, our ability to generate cash to service our substantial indebtedness, the completion of the FCC spectrum repack, successful execution of outsourcing agreements, pricing and demand fluctuations in local and national advertising, volatility in programming costs, the market acceptance of new programming, the successful execution of retransmission consent agreements, the successful execution of network and MVPD affiliation agreements, the successful execution of media rights agreements with professional sports teams, the impact of OTT and other emerging technologies and their potential impact on cord-cutting, the impact of MVPDs, vMVPDs, and OTT distributors offering “skinny” programming bundles that may not include all programming of our networks, our ability to identify and consummate acquisitions and investments and to achieve anticipated returns on those investments once consummated, the impact of pending and future litigation claims against the Company, the impact of FCC and other regulatory proceedings against the Company, uncertainties associated with potential changes in the regulatory environment affecting our business and growth strategy, and any risk factors set forth in the Company’s recent reports on Form 10-Q and/or Form 10-K, as filed with the Securities and Exchange Commission. There can be no assurances that the assumptions and other factors referred to in this release will occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements except as required by law.

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SOURCE Sinclair Broadcast Group, Inc.

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Cascade Acquisition Corp. Announces Pricing of $200,000,000 Initial Public Offering

New York, NY, Nov. 19, 2020 (GLOBE NEWSWIRE) — Cascade Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 20,000,000 units, at $10.00 per unit. The units will be listed on the New York Stock Exchange (“NYSE”) and will begin trading on Friday, November 20, 2020, under the ticker symbol “CAS.U.” Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on NYSE under the symbols “CAS” and “CAS.WS,” respectively.

The offering is expected to close on November 24, 2020, subject to customary closing conditions.

The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue targets in any industry, it intends to focus its search in the financial services industry.

Credit Suisse Securities (USA) LLC. and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering. Keefe, Bruyette & Woods, Inc. is acting as lead manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.

The public offering is being made only by means of a prospectus. Copies of the preliminary prospectus relating to the offering and final prospectus, when available, may be obtained from Credit Suisse Securities (USA) LLC by mail: Attention: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, by phone: 1-800-221-1037, by e-mail: [email protected] or Morgan Stanley & Co. LLC by mail: Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, NY 10014, by email: [email protected].

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission (“SEC”) on November 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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the anticipated use of the net proceeds and with respect to any business combination or acquisition opportunity. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or 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 offering filed with the SEC. Copies 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.

Contact

Jay Levine, Chief Executive Officer
Cascade Acquisition Corp.
1900 Sunset Harbour Dr.
Suite 2102
Miami Beach, Florida 33139



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Kao Named to the Dow Jones Sustainability World Index for Seventh Consecutive Year

Kao Named to the Dow Jones Sustainability World Index for Seventh Consecutive Year

TOKYO–(BUSINESS WIRE)–Kao Corporation (TOKYO:4452) has been selected for inclusion in the 2020 Dow Jones Sustainability World Index (DJSI World) and Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific), among the world’s most renowned socially responsible investment (SRI) indices. This is the seventh year in a row that Kao has been named to the indices.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201119005496/en/

The Dow Jones Sustainability Indices are offered cooperatively by S&P Dow Jones Indices in the United States and SAM in Switzerland to evaluate the sustainability of the world’s leading companies with regards to key areas such as environmental, social and governance (ESG) criteria. This year, 3,467 major companies were evaluated, and 318 companies were named to DJSI World. Kao received high evaluation for its efforts related to the criteria of Code of Business Conduct, Innovation Management, Product Quality and Recall Management, and Strategy for Emerging Market in the economic category, which also covers governance. Kao’s engagement with Environmental Reporting, Climate Strategy, and Packaging was lauded in the environmental category, while its commitment to Social Reporting, Corporate Citizenship and Philanthropy was highly evaluated in the social category.

The Kao Group established its ESG strategy, the Kirei Lifestyle Plan, in April 2019. Dave Muenz, executive officer for Kao’s ESG, comments, “Our inclusion in both the DJSI World and Asia Pacific once again this year is a great honor. As a company that strives to offer a Kirei Lifestyle to all—a gentle, more sustainable way of life that more and more people are seeking—this recognition will help us drive our efforts even further in integrating ESG into the core of everything we do, from product design to how we continue to conduct ourselves with the highest levels of integrity to ensure that we are a valued partner to our stakeholders around the world.”

Kao has also been included in the FTSE Blossom Japan Index and the MSCI Japan ESG Select Leaders Index, both of which are used by the Government Pension Investment Fund (GPIF) of Japan for ESG investing, for four consecutive years, and in the MSCI Japan Empowering Women Index (WIN), which is also used by the GPIF, for three consecutive years. Kao has also been selected for inclusion in the S&P/JPX Carbon Efficient Index, which means that, this year, Kao has once again been included in all of the ESG indices* that apply to Japanese companies and that have been selected for use by the GPIF. In addition, Kao has been selected for inclusion in the FTSE4Good Index Series for the 13th consecutive year, and in the MSCI ESG Leaders Indexes for the fourth consecutive year.

* FTSE Blossom Japan Index, MSCI Japan ESG Select Leaders Index, MSCI Japan Empowering Women Index (WIN), S&P/JPX Carbon Efficient Index

Kao is committed to implementing its unique ESG activities on a global level for the wholehearted satisfaction and enrichment of the lives of people worldwide and to contribute to a sustainable society.

About Kao

Kao creates high-value-added products that enrich the lives of consumers around the world. Through its portfolio of over 20 leading brands such as Attack, Bioré, Goldwell, Jergens, John Frieda, Kanebo, Laurier, Merries and Molton Brown, Kao is part of the everyday lives of people in Asia, Oceania, North America and Europe. Combined with its chemical division, which contributes to a wide range of industries, Kao generates about 1,500 billion yen in annual sales. Kao employs about 33,000 people worldwide and has 130 years of history in innovation. Please visit the Kao Group website for updated information.

https://www.kao.com/global/en/

[Related Information]

Dow Jones Sustainability Indices (DJSI)

https://www.spglobal.com/esg/csa/

Kao – Sustainability

https://www.kao.com/global/en/sustainability/

Kao launches new ESG Strategy “Kirei Lifestyle Plan” to support consumer lifestyle changes

https://www.kao.com/global/en/news/sustainability/2019/20190422-001/

Kao Integrated Report 2020

https://www.kao.com/global/en/investor-relations/library/reports/

Kao Sustainability Data Book Kirei Lifestyle Plan Progress Report 2020

https://www.kao.com/global/en/sustainability/pdf/

Media inquiries should be directed to:

Hiwako Yoshino

Corporate Communications

Kao Corporation

Tel.: +81-3-3660-7043

KEYWORDS: United States United Kingdom Germany Switzerland Japan Ireland North America Asia Pacific Europe

INDUSTRY KEYWORDS: Manufacturing Health Supermarket General Health Convenience Store Cosmetics Retail Packaging Environment Home Goods Chemicals/Plastics

MEDIA:

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CGOC Amends Bhang Operating Credit Facility

Canada NewsWire

TORONTO, Nov. 19, 2020 /CNW/ – Cannabis Growth Opportunity Corporation (“CGOC“, or the “Company“) (CSE: CGOC), a cannabis focused investment corporation with both public and private cannabis holdings, announced today that the Company has amended its operating credit facility with Bhang Inc. (“Bhang“).

On November 17, 2020, the Company and Bhang amended the existing operating credit facility which was entered into on July 17, 2020 (the “Credit Facility“) whereby CGOC is to provide up to the aggregate principal amount of $1,500,000 (previously $1,000,000) to Bhang for general working capital needs. The Credit Facility bears interest at a rate of 8% per annum on all advances and will mature on July 17, 2023. The Credit Facility is secured by a charge on all of the current and future assets, undertakings and properties of Bhang and its subsidiaries pursuant to general security agreements. At the option of CGOC, all advances and accrued interest on the Credit Facility are convertible into subordinate voting shares of Bhang (“Subordinate Voting Shares“) at a price of $0.15 per Subordinate Voting Share. As of the date hereof, CGOC has advanced a total of $1,350,000 under the Credit Facility.


Early Warning Disclosure Pursuant to National Instrument 62-103

Prior to amending the Credit Facility, the Company beneficially owns or controls 10,000 multiple voting shares of Bhang (“Multiple Voting Shares“) representing approximately 21.15% of the issued and outstanding Multiple Voting Shares on a non-diluted basis and a partially diluted basis.

Prior to amending the Credit Facility, the Company beneficially owns or controls 37,544,833 Subordinate Voting Shares of Bhang, 15,500,000 warrants to acquire Subordinate Voting Shares (the “Warrants“), 10,000 Multiple Voting Shares and the Credit Facility representing approximately 34.81% of the issued and outstanding Subordinate Voting Shares on a non-diluted basis, and approximately 50.35% of the issued and outstanding Subordinate Voting Shares on a partially diluted basis, assuming the exercise of all of the Warrants held by the Company, conversion of the maximum advance and interest payable on the Credit Facility (prior to the amendment) and the conversion of all of the Multiple Voting Shares held by the Company.

As of the date hereof, after amending the Credit Facility, the Company beneficially owns or controls 37,544,833 Subordinate Voting Shares of Bhang, 15,500,000 Warrants representing approximately 34.81% of the issued and outstanding Subordinate Voting Shares on a non-diluted basis, and approximately 51.73% of the issued and outstanding Subordinate Voting Shares on a partially diluted basis, assuming the exercise of all of the Warrants held by the Company, conversion of the maximum advance and interest payable on the amended Credit Facility and the conversion of all of the Multiple Voting Shares held by the Company.

The Subordinate Voting Shares of Bhang were acquired for investment purposes. While Company currently has no plans or intentions with respect to its securities of Bhang, the Company may from time to time acquire additional securities of Bhang, may sell all or a portion of its securities of Bhang or may continue to hold the Subordinate Voting Shares, Multiple Voting Shares, Warrants, the Credit Facility or other securities of Bhang, depending on market conditions, the Company’s view of Bhang’s prospects, other investment opportunities and other factors considered relevant to the Company.

A copy of the early warning report to be filed by the Company will be available under Bhang’s issuer profile on SEDAR at www.sedar.com or by contacting Paul Andersen, CEO at 416.047.0464. The Company’s head office is located at 240 Richmond Street West, Suite 4164, Toronto, Ontario, M5V 1V6.

About CGOC

CGOC is an investment corporation that offers unique global exposure to the emerging global cannabis sector. CGOC’s main objective is to provide shareholders long-term total return through its actively managed portfolio of securities, both public and private, operating in, or that derive a portion of their revenue or earnings from products or services related to the cannabis industry.

Forward-looking Statements

This press release contains certain forward-looking statements with respect to the Company. These forward-looking statements, by their nature, involve risks and uncertainties that could cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: risks associated with the Company’s business plan and matters relating thereto, and risks associated with the Company’s investments and financial objectives, as well as other risks and uncertainties, including but not limited to those detailed from time to time in the Company’s public filings on SEDAR. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE Cannabis Growth Opportunity Corporation

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Nxt-Id, Inc. to Adjourn Annual Meeting of Stockholders

OXFORD, CONNECTICUT, Nov. 19, 2020 (GLOBE NEWSWIRE) — Nxt-ID, Inc. (NASDAQ: NXTD) (the “Company”) today announced that the Company plans to adjourn the Annual Meeting of Stockholders, scheduled to be held on Friday, November 20, 2020 at 9:00 a.m. (Eastern Time), to Monday, November 23, 2020 at 9:00 a.m. (Eastern Time), to be held at the Company’s office at 288 Christian Street, Hangar C 2nd Floor, Oxford CT 06478. The Company is adjourning the Annual Meeting only with respect to Proposals Number 3 and Number 4. The Company will announce such adjournment at the currently scheduled Annual Meeting.

The Company is adjourning the Annual Meeting to allow its retail stockholders additional time to vote and approve Proposals Number 3 and Number 4, which are described in the Proxy Statement. Proposal Number 3 authorizes the Company’s board of directors (the “Board”) to effect, at its discretion, a reverse stock split of the Company’s common stock at a specific ratio within a range from one-for-three to one-for-ten. Proposal Number 4 authorizes the Board to (i) effect a reverse stock split of all of the Company’s outstanding shares of Series C Non-Convertible Voting Preferred Stock by the same ratio that the Company’s Board selects for the reverse stock split of the Company’s common stock described in Proposal Number 3 and (ii) increase the stated value of the Series C Preferred Stock by the same amount as the ratio of the Series C Preferred reverse stock split.

Each stockholder’s vote matters and is important no matter how many shares they own. The Company requests that its stockholders please take the time to read and respond to the Company’s proxy materials that were previously provided to them and vote promptly. Voting over the phone or on the Internet will require that its stockholders have their proxy control number available. That number is either printed on the voting instruction form, if stockholders received a physical copy of the proxy materials, or accessible through the voting portal, if the proxy materials were electronically delivered. Stockholders who have sold their shares but were a holder of record at the close of business on August 17, 2020, the record date for the Annual Meeting, remain entitled to vote. The Company encourages its stockholders who have already voted against the reverse stock splits to please reconsider voting. In particular, the Board encourages stockholders to vote “FOR” each of the proposals. It is critical that each stockholder vote and vote to support these proposals. The integrity of our Company and each stockholder’s investment will suffer tremendously if the Company is delisted; hence the importance of each vote.

Stockholders who need assistance in submitting their proxy or voting their shares should call the Company’s proxy solicitor, Laurel Hill Advisory Group, at 888-742-1305.

About Nxt-ID, Inc.

Nxt-ID, Inc. (NASDAQ: NXTD) provides technology products and services for healthcare applications. The Company has extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies. Through its subsidiary, LogicMark LLC, Nxt-ID, Inc. is a manufacturer and distributor of non-monitored and monitored personal emergency response systems sold through dealers/distributors and the United States Department of Veterans Affairs. Learn more about Nxt-ID at www.nxt-id.com. For Nxt-ID, Inc. corporate information contact: [email protected].
  
Forward-Looking Statements for Nxt-ID:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management’s current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company’s business strategy. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company’s ability to implement its long range business plan for various applications of its technology; the Company’s ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company’s technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company’s reports filed with the Securities and Exchange Commission.

Media Contacts: Vincent S. Miceli
[email protected]



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WeissLaw LLP Reminds ALSK, EIGI, AKER, and TNAV Shareholders About Its Ongoing Investigations

PR Newswire

NEW YORK, Nov. 19, 2020 /PRNewswire/ —

If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact: 

Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771
[email protected]

Alaska Communications Systems Group, Inc. (NASDAQ: ALSK)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) in connection with the proposed acquisition of the company by a consortium comprised of Macquarie Capital and GCM Grosvenor.  Under the terms of the acquisition agreement, ALSK shareholders will receive $3.00 per share in cash for each share of ALSK common stock that they hold.  If you own ALSK shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website:  https://www.weisslawllp.com/ALSK/ 

Endurance International Group Holdings, Inc. (NASDAQ: EIGI)  

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Endurance International Group Holdings, Inc. (NASDAQ: EIGI) in connection with the proposed acquisition of the company by affiliates of Clearlake Capital Group, L.P.  Under the terms of the acquisition agreement, EIGI shareholders will receive $9.50 per share in cash for each share of EIGI that they hold.  If you own EIGI shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website:  https://www.weisslawllp.com/EIGI/  

Akers Biosciences, Inc. (NASDAQ: AKER)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Akers Biosciences, Inc. (NASDAQ: AKER) in connection with the company’s proposed merger with privately-held MyMD Pharmaceuticals, Inc. (“MyMD”).  Under the terms of the merger agreement, AKER and MyMD will combine resulting in current MyMD stockholders owning 80% of the combined post-close company, leaving AKER stockholders with a mere 20% of the new entity.  If you own AKER shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website:  https://www.weisslawllp.com/AKER/ 

Telenav, Inc. (NASDAQ: TNAV)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Telenav, Inc. (NASDAQ: TNAV) in connection with the proposed interested-party acquisition of the company by V99, Inc., a corporation led by TNAV’s President and CEO HP Jin.  TNAV shareholders will receive only $4.80 for each share of TNAV that they hold, which appears to significantly undervalue TNAV especially in light of the conflicts inherent in the transaction.  If you own TNAV shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website:  https://www.weisslawllp.com/TNAV/ 

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SOURCE WeissLaw LLP

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Charter Prices $3.0 Billion Senior Secured Notes

PR Newswire

STAMFORD, Conn., Nov. 19, 2020 /PRNewswire/ — Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, “Charter”) today announced that its subsidiaries, Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. (collectively, the “Issuers”), have priced $3.0 billion in aggregate principal amount of notes consisting of the following securities:

  • $1.0 billion in aggregate principal amount of senior secured notes due 2032 (the “2032 Notes”). The 2032 Notes will bear interest at a rate of 2.300% per annum and will be issued at a price of 99.786% of the aggregate principal amount.
  • $650 million in aggregate principal amount of senior secured notes due 2051 (the “2051 Notes”). The 2051 Notes will form a part of the same series as the Issuers’ senior secured notes due 2051 issued on April 17, 2020, which bear interest at a rate of 3.700% per annum. The 2051 Notes will be issued at a price of 100.791% of the aggregate principal amount.
  • $1.35 billion in aggregate principal amount of senior secured notes due 2061 (the “2061 Notes,” and together with the 2032 Notes and 2051 Notes, the “Notes”). The 2061 Notes will bear interest at a rate of 3.850% per annum and will be issued at a price of 99.882% of the aggregate principal amount.

Charter intends to use the net proceeds from the sale of the Notes for general corporate purposes, including to fund potential buybacks of Class A common stock of Charter or common units of Charter Communications Holdings, LLC, to repay certain indebtedness and to pay related fees and expenses. Charter expects to close the offering of the Notes on December 4, 2020, subject to customary closing conditions.

The offering and sale of the Notes were made pursuant to an effective automatic shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (the “SEC”).

Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co LLC were Joint Book-Running Managers for the offering. The offering was made only by means of a prospectus supplement dated November 19, 2020 and the accompanying base prospectus, copies of which, when available, may be obtained on the SEC’s website at www.sec.gov or by contacting Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005; Telephone: (800) 503-4611; E-mail: [email protected], or by contacting J.P. Morgan Securities LLC, Attention: Investment Grade Syndicate Desk, 383 Madison Avenue, New York, New York, 10179; Telephone: (212) 834-4533, or by contacting Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; E-mail: [email protected].

This news release is neither an offer to sell nor a solicitation of an offer to buy the Notes and shall not constitute an offer, solicitation or sale, nor is it an offer to purchase, or the solicitation of an offer to sell the Notes in any jurisdiction in which such offer, solicitation, or sale is unlawful.


About Charter
 
Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and cable operator serving more than 30 million customers in 41 states through its Spectrum brand. Over an advanced communications network, the company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.

For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The company also distributes award-winning news coverage, sports and high-quality original programming to its customers through Spectrum Networks and Spectrum Originals. More information about Charter can be found at corporate.charter.com.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects, both business and financial.  Although we believe that our plans, intentions and expectations as reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations.  Forward-looking statements are inherently subject to risks, uncertainties and assumptions including, without limitation, the factors described under “Risk Factors” from time to time in our filings with the SEC.  Many of the forward-looking statements contained in this communication may be identified by the use of forward-looking words such as “believe,” “expect,” “anticipate,” “should,” “planned,” “will,” “may,” “intend,” “estimated,” “aim,” “on track,” “target,” “opportunity,” “tentative,” “positioning,” “designed,” “create,” “predict,” “project,” “initiatives,” “seek,” “would,” “could,” “continue,” “ongoing,” “upside,” “increases,” “focused on” and “potential,” among others. 

All forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement.  We are under no duty or obligation to update any of the forward-looking statements after the date of this communication.

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SOURCE Charter Communications, Inc.

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SHAREHOLDER ALERT: WeissLaw LLP Reminds EMIS, TGC, and IPV Shareholders About Its Ongoing Investigations

PR Newswire

NEW YORK, Nov. 19, 2020 /PRNewswire/ —


If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:


Joshua Rubin, Esq.

WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771
[email protected]

Emisphere Technologies Inc. (OTCM: EMIS)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Emisphere Technologies, Inc. (OTCM: EMIS) in connection with the proposed merger of the Company with Novo Nordisk A/S (“Novo”).  Under the terms of the agreement, EMIS stockholders are expected to receive approximately $7.82 for each share of EMIS common stock that they hold.  Novo also entered into an agreement to acquire related royalty stream obligations owed to affiliates of MHR Fund Management LLC (“MHR”) for $450 million.  The investigation is focused on whether (i) the special committee of EMIS’ board acted in the best interest of EMIS’s minority shareholders in agreeing to the transaction, (ii) the consideration adequately compensates EMIS’ minority shareholders, and (iii) all information regarding the transaction will be fully and fairly disclosed, in light of the fact that the majority of EMIS’ shares are controlled by MHR and the EMIS board and MHR cashing out its’ royalty stream interests.  If you own EMIS shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website:  https://weisslawllp.com/EMIS/

Tengasco Inc. (NYSE: TGC)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Tengasco Inc. (NYSE: TGC) in connection with the company’s proposed merger with privately-held oil developmental company Riley Exploration–Permian, LLC, pursuant to which TGC will issue approximately 203 million shares of TGC common stock to Riley members, the new combined entity will be renamed Riley Exploration Permian, Inc., and the combined entity will trade under the new ticker symbol “REPX.”  If you own TGC shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/TGC/  

InterPrivate Acquisition Corp. (NYSE: IPV)

WeissLaw LLP is investigating possible breaches of the limited partnership agreement, fiduciary duty and other violations of law by the board of directors of InterPrivate Acquisition Corp.(NYSE: IPV) in connection with the company’s proposed merger with Aeva Inc. (“Aeva”), a privately-held company.  Under the terms of the agreement, IPV will acquire Aeva through a reverse merger, with Aeva continuing as a publicly-traded company listed on the NYSE under the ticker symbol “AEVA.”  Aeva’s existing stockholders will hold approximately 80% of the common stock of the newly-combined company.  If you own IPV shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/IPV/  

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SOURCE WeissLaw LLP