WASHINGTON, March 04, 2025 (GLOBE NEWSWIRE) — ZeroFox, the leader in external cybersecurity, will sponsor, exhibit, and present at the FS-ISAC 2025 Americas Spring Summit. Conference attendees can visit ZeroFox at Booth #15, and join Chief Technology Officer Mike Price on March 10 from 2:00 PM – 2:45 PM local time, for a presentation on how artificial intelligence (AI) avatars are reshaping the future of cyber operations.
As financial institutions face increasingly sophisticated digital threats, the role of AI in both attack and defense continues to evolve. Organizations must adapt their security strategies to address emerging challenges, including AI-powered attacks, sophisticated impersonation schemes, automated fraud campaigns, and coordinated cyber threats targeting financial infrastructure. Backed by experts who understand specific risks to financial services institutions, and with over a decade of cybersecurity SaaS experience, ZeroFox is the trusted leader in protecting these enterprise digital landscapes through Digital Risk Protection (DRP), seamlessly integrated with Threat Intelligence (TI) and External Attack Surface Management (EASM) capabilities.
“The integration of AI into cyber operations represents both a significant challenge and opportunity for financial institutions,” said Mike Price, Chief Technology Officer at ZeroFox. “As these technologies advance, understanding how AI avatars will impact the threat landscape is crucial for developing effective defense strategies. I look forward to sharing insights with the financial services community about preparing for this next evolution in cybersecurity.”
Representatives from ZeroFox will be available at Booth #15 to discuss the company’s comprehensive external cybersecurity platform and advantages for financial institutions, including:
Reduce Attack Surface Exposure and Mitigate Digital Risk: Use ZeroFox’s dedicated digital risk protection products and services, to identify and stop financial fraud, risks, and targeted attacks before they impact your business, customers, partners, and employees.
Automate Manual Processes to Augment Security Teams: Advanced automation and analyst-vetted intelligence scours trillions of potentially malicious accounts and posts, reducing the time-intensive process of data collection, analysis, context, and remediation.
Understand IoCs and TTPs: Apply expert-vetted, actionable threat intelligence to proactively identify how attackers bypass traditional security perimeter controls and execute targeted attacks against financial services institutions at scale.
Protect Customers from Financial Crime: Rapidly identify and stop cybercriminals from exploiting customers’ digital presence, with automated disruption services and in-house takedowns of fraudulent content, accounts, domains, and communications.
Avoid Costly Compliance Violations: Automatically enforce policies for all employees and executives across external digital communication and social media platforms to ensure regulatory compliance with PCI DSS, FFIEC, FINRA, and more.
Safeguard Key Personnel: Identify and take down fraudulent social media accounts, impersonations, or malicious content targeting your executives and VIPs. Ensure protection from physical threats at home or on-the-go.
Visit ZeroFox at Booth #15 to learn more. For all media inquiries related to ZeroFox, or to schedule a meeting during the FS-ISAC Americas 2025 Spring Summit, please email press@zerofox.com.
About ZeroFox ZeroFox is the trusted leader with over a decade of cybersecurity SaaS expertise protecting enterprise digital landscapes—where business operations, customers, and threat actors converge. Through its AI-powered Digital Risk Protection (DRP) solutions, seamlessly integrated with Threat Intelligence (TI) and External Attack Surface Management (EASM) capabilities, ZeroFox empowers organizations to proactively monitor, detect, and disrupt emergent threats by cyber attackers targeting their brands, domains, and people. With ZeroFox, organizations can achieve deeper threat contextualization, faster detection and response times, and longer-term cost savings by anticipating, understanding, and mitigating external digital threats at scale. Join thousands of customers, including the largest public sector organizations and leaders in finance, media, technology, retail, and healthcare, to stay ahead of adversaries and manage the full lifecycle of external cyber risks. ZeroFox and the ZeroFox logo are trademarks or registered trademarks of ZeroFox, Inc. and/or its affiliates in the U.S. and other countries. Visit zerofox.com for more information.
STMicroelectronics’ new integrated STM32WBA6 wireless microcontrollers combine extra features and performance with power efficiency
Cost-efficient and highly integrated embedded devices for emerging 2.4GHz wireless applications in smart home, health, factory, and agriculture
Geneva, Switzerland, March 4, 2025 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, has announced the next generation of its STM32 power-efficient short-range wireless microcontrollers (MCUs) that simplify connecting consumer and industrial devices to the IoT.
The new STM32WBA6 series is used in connected, smart devices like wearable healthcare and wellness monitors, animal collars, electronic locks, remote weather sensors, and more. Packing extra memory and digital system interfaces, while preserving energy efficiency the new MCUs can handle richer functionality in emerging new product designs.
The STM32WBA6 MCUs also embed SESIP3 and PSA Level3 certifiable security assets, such as cryptographic accelerators, TrustZone® isolation, random generator, and product lifecycle that will contribute and enable ST customers to reach compliancy towards the upcoming RED and CRA regulations.
“Robust and standardized wireless connectivity is central to the IoT’s success. Our new STM32WBA6 MCUs bring richer features and larger memory to address high-end applications in smart home, health, factory, and agriculture,” said Patrick Aidoune, General-Purpose MCU Division General Manager, STMicroelectronics. “Our customers can now increase the pace of development to meet demands from consumer and industrial markets for new products that deliver more features and increased capabilities within reduced size and power constraints.”
The wireless subsystem in the new STM32WBA6 microcontrollers supports Bluetooth, Zigbee, Thread, Matter, and other protocols operating in the 2.4GHz frequency band, and allows communication using multiple protocols concurrently. It’s how a system like a smart-home bridge can communicate with the homeowner’s mobile app over Bluetooth and simultaneously manage lights or thermostats through mesh networking such as Zigbee. The STM32WBA6 series also contains single-protocol variants for simpler and more cost-conscious applications.
Customer testimonials:
“The extensive hardware feature set, low power consumption, advanced cyber security, and excellent price/performance make the STM32WBA6 devices perfect for our advanced in-car driver monitoring, incident tracking, and emergency calling solution. Aided by the extensive ecosystem and ST’s strong technical support, we were able to quickly start prototype development and achieve qualification in accordance with all applicable industry requirements. We are on track to begin production in Q2 2025,” said Vittorio Ferrari, CTO, Meta System.
Technical notes for editors:
By integrating the processing core, peripherals, and wireless subsystem, STM32WBA6 MCUs help product developers meet demands to simplify new designs, miniaturize assembly size, and save the electronic bill-of-materials. With up to double the Flash and RAM on-chip, compared to the previous STM32WBA5 series, the new MCUs provide generous storage for application code and data.
With up to 2MB of Flash and 512KB RAM on-chip, the new STM32WBA6 MCUs contain larger memory to support more sophisticated applications.
The richer digital peripherals add USB High Speed as well as extra digital interfaces including three SPI ports, four I2C ports, three USARTs, and one LPUART.
Concurrent multiprotocol wireless makes the STM32WBA6 series ideal for applications that leverage Matter, which is designed to run on top of other protocols. The X-CUBE-MATTER software package, part of the extensive STM32Cube ecosystem, integrates the Matter SDK and comes with application examples to ease development.
The wireless subsystem improves performance, with sensitivity increased to -100dBm for more reliable connectivity up to the maximum specified range.
The STM32WBA6 series is powered by the energy-efficient Arm® Cortex®-M33 core, with floating-point unit and DSP extensions, running at up to 100MHz.
The STM32WBA5 and STM32WBA6 support the latest EU Radio Equipment Directive (RED) cyber-security requirements. Their SESIP3 certification target will greatly ease the customer device conformance.
Package options cover a wide range from a 7mm x 7mm UFQFPN48 to a 6mm x 6mm UFBGA121 with 121 pins.
There is also a thin wafer-level chip-scale package, WLCSP88, that measures only 3.78mm x 3.46mm.
The STM32WBA6 MCUs are in production and available now, priced from $2.50 for orders of 10,000 pieces. For more information, please go to www.st.com/stm32wba.
STM32 is a registered and/or unregistered trademark of STMicroelectronics International NV or its affiliates in the EU and/or elsewhere. In particular, STM32 is registered in the US Patent and Trademark Office.
About STMicroelectronics At ST, we are 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027.
Our early years team are holding a free ‘Do Something Big’ drop in event on Monday 24 March at the Duke of Cornwall Hotel 10am to 4pm, where you can meet professionals and training providers in the early years and childcare sector.
If you:
are passionate about making a difference to a child’s life
want to be part of an early year’s workforce with exciting career pathways
want to support parents returning to work
Then this event could be for you!
There are many career pathways in childcare and early years, such as: childminding, nursery nurse, play worker, nursery manager, pre-school worker, specialist worker with children with special educational needs, designated safeguarding leads, health and safety officer, first aider and many more.
Early years training providers will have stalls at the event such as Skills Launchpad, and City College Plymouth, to offer support and guidance on pathways into the childcare and early years sectors. There will be recruitment opportunities available.
Hear from Jo, a Childminder from Plympton, about the opportunities available:
Councillor Sally Cresswell, Cabinet Member for Education, Skills and Apprenticeships, said: “Working in Childcare is a very rewarding career, and no two days are the same, it’s such a special feeling when you know that you’re making a difference to a child’s life.
“This event is the perfect opportunity for those who are considering a career in childcare and early years to come along and hear from people who are already in the industry, and what they can offer to help you.”
Secondary school admission figures for entry in September 2025 published 3 March reveal that 93.7% of York children have been allocated their first preference of school.
Parents and carers who applied online can find out where their child has been allocated a place by logging into their parent portal account today via www.york.gov.uk/SecondarySchoolAdmissions.
Parents who made written applications will receive a letter confirming their admission arrangements. Anyone who didn’t receive their first choice of school will also receive written confirmation.
This year’s admissions figures, compared with last year’s are outlined below:
Admission figures for 2025:
1st Preference: 1794 (93.7%)
2nd Preference: 78 (4.1%)
3rd Preference: 12 (0.6%)
4th Preference: 3 (0.2%)
5th Preference: 1 (0.1%)
Non Preference: 26 (1.4%)
Total: 1914 (100.0%)
Admission figures for 2024:
1st Preference: 1809 (93.6%)
2nd Preference: 80 (4.1%)
3rd Preference: 18 (0.9%)
4th Preference: 2 (0.1%)
5th Preference: 0 (0.0%)
Non Preference: 23 (1.2%)
Total: 1932 (100%)
Councillor Bob Webb, Executive Member for Education, Children and Young People, at City of York Council, said:
Moving on to secondary school is an exciting time and I’m pleased that the vast majority of students in York have got into their first choice of school. I wish all the students moving on in September the best of luck. I know that York schools are committed to supporting your transition into big school.”
Parents or carers whose children may be eligible for free school meals – one of a number of benefits that come with applying for the pupil premium – should apply through their online account at Parent Portal.
Assistance with school uniform costs for September may also be available to pupils starting years 7 to 10 who are entitled to receive benefit based free school meals at non-academy schools. Further information about this, and who could be able to get free school meals, is available at www.york.gov.uk/FreeSchoolMeals.
A consultation on proposed public realm improvements in the Chinatown area of Liverpool city centre is under way.
Liverpool City Council, with support from local community groups and the University of Liverpool Architecture School, has developed outline plans for Great George’s Square at the junction of Upper Pitt Street and Nelson Street.
The aim is to attract more visitors and investment, and create a neighbourhood to be proud of.
The centrepiece of the project will be the installation of two stone lions, which have been donated by the Chinese Consulate General in Manchester and were formally handed over to Liverpool in January to celebrate the 25th anniversary of the Liverpool-Shanghai sister cities relationship.
The scheme will also see:
Better pedestrian access between Upper Pitt Street/Nelson Street and Great George’s Square
Installation of a red maple ‘wishing tree’ and ‘flower mat’ near the lions
Improvements to the children’s playground
The creation of a commemorative memorial garden
People are being asked their views on the proposed changes to the junction, the playground improvements and the Commemorative Memorial Garden.
It is hoped the work will be completed in early 2026.
Local people will also be able to find out more and comment at the City Centre South Neighbourhood community information event being held at the Black-e on Great George Street on Tuesday 4 March between 10.30am – 3pm.
The scheme will complement wider plans for a revitalised Chinatown which includes new homes and businesses on a previously stalled site at Great George Street. The Council recently succeeded in securing the site under its own unified ownership, with support from Liverpool City Region Combined Authority and the Government.
Chinatown is also close to the thriving Baltic Triangle, where the new Liverpool Baltic Merseyrail station is due to open in 2027.
Cabinet Member for Economy and Growth, Cllr Nick Small, said: “We are hugely proud of the city’s Chinatown, which is the oldest in Europe, and has huge potential.
“We want to revitalise it so it is somewhere that the local community and Liverpool residents are equally proud of, as well as being somewhere tourists can spend time.
“We’re asking local people and businesses to have their say on the ideas that have been developed and input into the design process, so that we can create something that is really special.
“When combined with our ambitions for the previously stalled site at Great George Street and the work on the new Baltic Station, this is a really exciting time for this part of the city centre.”
Chinese Consul General in Manchester, Tang Rui, said: “The stone lions in Chinese culture are actually a symbol of prosperity, so we hope that these pair of lions will bring good luck and showcases a new start for this beautiful, historic Chinatown.”
Secretary General of Merseyside Chinese Association Joint Action Group, Ming Wang, said: “Chinatown has been home to the local community for more than 200 years. It holds a very special place in our local community’s heart.
“With these two huge stone lions gifted by the Chinese Consul General in Manchester plus the City Council’s planning in regenerating Chinatown which includes a wishing tree, better playground and the creation of a commemorative memorial garden is so amazing.
“We look forward to witnessing the transformation of our beloved Chinatown, more footfall to Chinatown, followed by better business, more investment and more visitors from around the world.”
Liverpool City Council has announced several amendments to the experimental parking zone surrounding Everton Stadium as well as a number of improvements to the area, since the new venue’s first test event.
The zone, introduced under an Experimental Traffic Regulation Order (ETRO), went live two weeks ago today (on Monday, 17 February) to coincide with Everton FC’s inaugural match at the stunning waterfront stadium at Bramley Moore-Dock.
Based on feedback from businesses and residents in the city’s North Docks community, as well as initial findings from that historic event, the Council will now implement changes to its operation.
The proposed amendments include:
Applications for more than 10 business permits will be accepted on a case-by-case basis. Note: Business permits cost £50 each. Resident and visitor permits are free.
Safety-focussed enforcement of the zone on the second stadium test event, on Sunday, 23 March. (This will allow more time for businesses and residents to apply for permits and for the Council to investigate the level of appropriate enforcement during events.)
The one-hour limited waiting restriction will be extended to two hours, where possible.
Permit parking will be introduced in the Pumpfields area (i.e. the Blackstock Street, Paul Street, Pall Mall and Chisenhale Street areas.)
The process to modify the ETRO to implement these initial recommendations (including new signage) will begin to be enacted within the next three months.
The ETRO enables the Council to make these changes flexibly in the light of experience and analysis of their impact on a day-to-day basis. Further changes may also be made following the further two stadium Test Events, in March and May, and throughout the 18-month process up to August 2026.
In response to feedback from businesses, the Council will also explore the scope for on-street pay and display parking bays in key locations to identify options, where possible, for longer-stay parking.
A further series of improvements, identified from the first test event, will also now be implemented, including:
A review of the event traffic management plan on road closures ahead of the second test event. This is to ensure closures are enacted and communicated more effectively.
Improvements to Street Lighting on walking routes to and from the stadium.
Improved pedestrian wayfinding signage between Sandhills station and City Centre stations and the stadium.
Temporary signage to shuttle bus and taxi rank locations.
Following these amendments and improvements, the Council’s Highways team will continue to monitor the impact of the ETRO to determine whether this has positively assisted businesses, visitors, and public opinion and if other amendments are required.
When and where do the ETRO measures apply? The new measures introduced in the zone, which radiates out via a 30-minute walk from the stadium, operate between the hours of 10am to midnight each day. North of Boundary Street, the zone is operative 1 August to 30 June. South of Boundary Street it is operative 12 months of the year. This is except for the Great Homer Street area, which operates 8am to midnight all year round. The ETRO is to run until August 2026, but Liverpool City Council will be seeking to review and amend the measures within the first six months before the new football season begins in August. The measures can be made permanent before August 2026, subject to agreement.
What about Blue Badge holders? Blue Badge holders can park for as long as they need to within the permit parking areas in the experimental zone, and for up to three hours on a yellow line (unless a loading ban is in place). Badge holders can also park on yellow lines, unless there is a loading restriction, but they will need to clearly display their badge and blue parking clock as well as ensuring the vehicle is not causing an obstruction. For Blue Badge holders wishing to attend a football match at the stadium, Everton FC is in the process of exploring how it enhances its current parking offer to complement other transport arrangements such as the free shuttle bus service for disabled fans.
Cllr Liam Robinson, Leader of Liverpool City Council, said: “Since the Experimental Parking Zone went live on the day of Everton’s first test event, the Council has been listening to all the feedback and analysing what we can do to make improvements.
“We understand the concerns being raised by businesses, residents and fans and we’ve wasted no time in assessing the necessary amendments that can be introduced as quickly as possible.
“The measures that can be amended to alleviate concerns on issues like waiting times and number of permits will be considered as a priority. The major concerns from the first event around road closures and street lighting are also being addressed to ensure they are remedied by the second test event at the end of March.
“We are also working closely with colleagues at the Liverpool City Region Combined Authority, Merseytravel and Merseyrail on their plans for public transport provision and we are in in active dialogue with them and Everton to ensure changes and improvements are made.”
Cllr Dan Barrington, Cabinet Member for Transport and Connectivity, said: “Given this is an experimental zone and we are in the test event stage, lessons are being learned all the time.
“I want to reassure everyone the Council is actively looking to make the necessary improvements to help businesses, residents and fans as much as possible, especially as we build up to the final test event in May and then the start of the new football season in August.
“The Council is keen to continue talking to businesses to explain the process and to hear how the measures and amendments are impacting their staff and customers and how we can work together to make improvements quickly.
“A key aim of the Experimental Zone is tackling the problem of commuter parking 365 days a year, as well as illegal and unsafe parking on double yellow lines and pavements. These issues impact the area all year round and it’s vital we get this right to support its economic development and to tackle congestion, especially as more businesses set up here and more residential schemes are developed.”
Meet the volunteers urging more people to sign up as Leeds City Council launches its new volunteering scheme.
Volunteer Team Leeds is the brand-new scheme bringing together and inviting new people to join the vibrant volunteering community that supports Leeds City Council affiliated events and initiatives.
From the stunning displays of Light Night and the cinematic experiences of the Leeds International Film Festival, to enriching opportunities within libraries and vital volunteer befriending schemes, Volunteer Team Leeds offers a diverse range of ways to contribute.
Building on the legacy of LEEDS2023, where over 1,800 volunteers signed up to support the city’s year of culture, the scheme aims to retain and grow this valuable community through a new simple, user-friendly, volunteer orientated system.
Previously working as a postman, Bill Hargreaves’ favourite part of his job was being able to help people. During lockdown he would even help residents by posting letters for them.
Having retired three years ago, he now spends most of his time volunteering and is a regular volunteer at most Leeds City Council events, such as Light Night and the Leeds International Piano Competition.
“When I retired, I felt like there was no reason to stop being helpful just because I don’t get paid for it. I was worried there would be a void after retirement but I’ve made sure to fill that with volunteering,” Bill says.
“There’s no way I was ever going to be someone who sits in front of the TV when I retired. I’m just having so much fun now,” he adds.
Like Bill, many people decide to volunteer because they enjoy it, but there are many other benefits that can come with it.
Khara Linton-Salmon has volunteered at film festivals across the country, but it was at Leeds Film Festival she made connections to build a career in film. In 2024, she worked as a programmer for the festival in the short film category.
“I felt like I could speak to people that were higher up than me, and they gave me good advice, they actually wanted to help me progress,” she explains.
“The main reason why I wanted to volunteer was just because I love film. It wasn’t until I decided to volunteer at Leeds that the snowball started rolling. Leeds gave me more of an opening to making it a career.
“Anybody that loves film I’m always telling them to do it. Not even for a career path but just because it’s fun. You go in with your passion and you meet 50 other people with the same passion,” she says.
With the launch of Volunteer Team Leeds comes a new platform which will be a one-stop-shop for people to create a profile and sign up to volunteer with different services or events either organised or supported by Leeds City Council. Volunteers will also be able to access learning and development tools.
To date there are close to 2,000 volunteers already signed up.
Councillor Mary Harland, Leeds City Council’s executive member for communities, customer service and community safety, and champion for volunteering, said:
“We believe volunteers are at the heart of our city. From the pitch to the streets, and across our communities, our city is full of passion for helping out and giving back. With Volunteer Team Leeds we’re hoping to get even more people signing up to share skills, meet people and learn new things. As a key part of our city’s Volunteering Strategy, we want Leeds to be a city that is the best to volunteer in and that celebrates volunteering in all its forms, where it’s easy for people to find ways to make a difference and get involved.
“We encourage all residents of Leeds to create a profile on the new platform and join the growing community of volunteers making a brilliant positive impact through council-supported initiatives across the city.”
Volunteer Team Leeds is funded through central government’s UK Shared Prosperity Fund, which is administered locally by the West Yorkshire Combined Authority.
Brings Energy Production and Operational Expertise to Advance Waste-to-Energy Mission and Strategic Growth
WOODS CROSS, Utah, March 04, 2025 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced the appointment of Todd Palin to the Company’s Board of Directors.
Mr. Todd Palin brings nearly two decades of hands-on experience in energy production and operational oversight. From Big Lake, Alaska, Mr. Palin is a seasoned Alaskan businessman, champion snowmachine racer, and former First Gentleman of Alaska. Mr. Palin brings a wealth of experience in energy production, resource management and public service.
Energy Sector Experience
Todd Palin brings 15 years of industry experience from his tenure with BP in Alaska’s North Slope oil fields. As a facility production operator, Todd’s job duties included all phases of production, getting crude to spec, prior to its transfer to the Trans-Alaska Pipeline System (TAPS) at pump station 1. His expertise in energy production, coupled with his firsthand understanding of Alaska’s unique resource challenges, positions him as a strong advocate for innovative approaches to harmonize traditional energy practices with green advancements.
Commitment to Sustainability and Alaskan Communities
In addition to his work in North Slope oil production, Mr. Palin is a fourth-generation commercial fisherman in Bristol Bay, reflecting his enduring commitment to Alaska’s natural resources and sustainable practices. His deep ties to his Alaska Native heritage and local communities provide a unique perspective on the importance of balancing environmental stewardship with economic development.
Champion Snowmachine Racer
Beyond his contributions to the energy sector, Todd Palin is a four-time champion of the Iron Dog Race, the world’s longest snowmachine race. The race traces the path of the Iditarod, with an additional route North of the Arctic Circle, totaling 2,500 miles, making it a grueling test of endurance and skill.
Mr. Palin has competed in the Iron Dog snowmachine race since 1993, demonstrating his commitment to the sport and his ability to persevere through some of the harshest conditions in Alaska. His team’s first win in the race took place in 1995 with additional wins in 2000, 2002 and 2007.
“Mr. Palin’s appointment comes at a crucial time as California faces ongoing refinery disruptions that threaten fuel supply stability,” said David Sealock, CEO of Sky Quarry. “His deep expertise in energy markets and production infrastructure, particularly on the West Coast, will be instrumental as Sky Quarry ramps up production at its Nevada refinery in 2025. His strong commitment to operational efficiency and regulatory compliance will be invaluable in advancing our mission to accelerate the transition to sustainable energy solutions, and enhancing national energy security.”
“I’m excited to join Sky Quarry and work with the Sky Quarry team to further evolve the Company’s waste energy portfolio,” said Todd Palin. “Sky Quarry’s innovative approach goes beyond addressing immediate energy challenges; it’s about creating sustainable solutions that benefit both the environment and the communities we serve. I’m eager to apply my experience in energy production, resource management, and public service to help drive the company’s growth and contribute to its mission of transforming waste into valuable resources.”
About Sky Quarry Inc.
Sky Quarry Inc. (NASDAQ: SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.
Forward-Looking Statements
This press release may include “forward-looking statements.” All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the Company’s Form 1-A offering statement filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained.
Investor Relations Chris Tyson Executive Vice President MZ Group – MZ North America 949-491-8235 SKYQ@mzgroup.us www.mzgroup.us
Corporate Contact Jennifer Standley Director of Investor Relations Ir@skyquarry.com
LOS ALAMITOS, Calif., March 04, 2025 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), the technology company behind MARKET.live, a leading livestream social shopping platform, and GO FUND YOURSELF!, a TV show and innovative new platform disrupting the crowd funding industry, today announces that it has executed a binding term sheet to acquire LyveCom, a cutting-edge AI-driven video commerce platform. The transaction is subject to certain terms and conditions, including completion of an audit of Lyvecom’s financial statements, which terms and conditions are set forth in detail in the Form 8-K filed by the Company today.
While the transaction is expected to close within the next 60 days, if not sooner, Phase 1 of the integration of Lyvecom’s technology is complete and the newMARKET.liveofficially launches TODAY.
Management contends that this transaction should not be underestimated. The integration of LyveCom’s AI-driven technology into VERB’s MARKET.live now allows brands and merchants to deliver an omnichannel livestream shopping experience to their customers. Brands and merchants will not only engage their client and customers on the newly updated and refreshed MARKET.live site, but also seamlessly across their own websites, mobile apps, and social platforms, all while leveraging AI-powered video content automation and personalized shopping experiences.
This proprietary technology embeds livestreams and shoppable videos directly onto merchant websites without impact on site speed, while simultaneously aggregating and repurposing content from TikTok, Instagram, and YouTube into interactive shopping experiences, allowing brands to engage customers without constant content production.
A Transformative Step for MARKET.live and the Livestream Shopping Industry The new MARKET.live will introduce game-changing innovations, including:
One-Click Simulcasting: Instantly scale the broadcast of live shopping events across MARKET.live, TikTok Shop, Shopify’s Shop App, and other social sites, including the merchant’s own e-commerce sites, maximizing audience reach and engagement, while maintaining checkout and unified inventory management and control across all of the merchant’s social sites and platforms.
AI-Driven Video Commerce: Advanced AI capabilities will power real-time user-generated-content creation, automated video content repurposing, and AI-powered virtual live shopping hosts.
Frictionless Merchant Integration: Frictionless, self-serve onboarding for merchants, enabling millions of Shopify merchants to adopt live and shoppable video with a simple 3-click integration, making livestream shopping capabilities more accessible and useable than ever.
New Strategic Partnerships: New and expanded strategic partnerships with Tapcart, Shopify Shop App, Klaviyo, Recharge, and agency networks will expand MARKET.live’s footprint into mobile commerce and high-growth DTC brands.
Real-Time Data & Analytics: An intelligent analytics hub will provide in-depth insights into shopper behavior, enabling merchants to refine strategies and boost conversions.
“The future of commerce is video-first, and this acquisition accelerates that future,” said Maxwell Drut, Co-Founder and CEO of LyveCom and incoming Chief Technology Officer at MARKET.live. “By combining LyveCom’s cutting-edge AI-powered video commerce technology with VERB’s expansive market reach, we are creating one of the most advanced, omnichannel video shopping ecosystems in the U.S. Together, we’re not just enabling brands to sell through video — we’re redefining how consumers discover, engage, and shop in a content-driven world.”
“Unlike closed marketplaces like Amazon Live and TikTok Shop, MARKET.live + LyveCom offers brands full control over their audience, content, and conversions while leveraging AI to automate and optimize video commerce. This is a paradigm shift in digital retail, empowering brands to sell smarter, faster, and more profitably than ever before. And with over 4 million Shopify merchants actively seeking AI-driven solutions, we believe that the addition of LyveCom’s AI technology, VERB’s MARKET.live is positioned for explosive growth and recurring revenue expansion.”
“This deal brings together LyveCom’s innovative AI driven video commerce solutions with VERB’s resources and expertise,” said Kevin Gould, founder and CEO of Kombo Ventures and early Lyvecom investor. “I’m incredibly proud that Kombo Ventures helped incubate Lyvecom, and I’m energized by the shared vision to rapidly create the market leader in AI-driven social shopping.”
Experience the New MARKET.live Interface Customers, brands, and retailers can now explore the fully modernized MARKET.live interface at www.MARKET.live. The revamped platform not only aligns seamlessly with the latest trends in social selling, video commerce, and livestream shopping, providing an immersive and interactive shopping experience unlike any other, but also establishes the new paradigm we believe other ecommerce platforms will strive to emulate.
Comprehensive Go-To-Market Strategy & Client Onboarding With a well-defined and proven go-to-market strategy, as will be evidenced in VERB’s forthcoming Form 10-K filing, VERB’s MARKET.live is set to onboard an additional extensive list of clients, including top agency partners and direct-to-consumer brands. The acquisition strengthens MARKET.live’s ability to cater to a diverse range of businesses, from independent Shopify sellers to enterprise-level brands, ensuring a seamless and scalable transition into AI-powered social commerce.
Positioning VERB’ MARKET.live as an Industry Leader The completion of this acquisition will establish VERB’s MARKET.live as a definitive leader in livestream and AI-powered social commerce. Unlike competitors that operate within closed marketplaces, MARKET.live will offer a truly integrated, multi-platform solution that:
Expands e-commerce opportunities beyond a single channel, increasing brand exposure and sales potential.
Unlocks access to Shopify’s vast network of over 4 million merchants looking for AI-powered video commerce solutions.
Automates video content production and personalization at scale, driving efficiency and engagement for brands of all sizes.
Additional features include:
AI-Generated Video UGC: A proprietary AI model trained on tens of thousands of video commerce interactions that will automate content creation for brands.
AI-Powered: Blending AI-driven personalization, automation, and omnichannel reach, bringing massive 24/7 global scalability to live shopping experiences, MARKET.live will turn video engagement into revenue.
AI-Powered Predictive Analytics and Automated Shoppable Content: Intelligent tools designed to optimize merchandising strategies and increase conversion rates.
“This strategic acquisition underscores VERB’s commitment to constant and continuing innovation, as we seek to shape the future of social commerce and ultimately dominate the landscape,” said Rory J. Cutaia, CEO of VERB. “The addition of LyveCom’s AI-driven video commerce capabilities to the new MARKET.live will offer an unparalleled shopping experience that bridges brands, marketplaces, and social platforms — ensuring that consumers can engage and shop wherever they are.”
The Future of AI-Powered Livestream Shopping – Here’s What’s Coming This transaction and the work our combined teams have undertaken over the past 9 months has paved the way for our upcoming launch of yet more next generation social commerce capabilities, including:
AI AvatarLive Shopping Hosts: This new proprietary technology, already trained on tens of thousands of video commerce videos, has paved the way for the launch of real time AI Avatar hosts, virtually indistinguishable from human hosts, capable of real-time audience engagement.
According to an October 2024 report published by The Business Research Company, the global social commerce industry is anticipated to experience rapid growth and is projected to surpass $1.29 trillion by 2028 at a CAGR of 13.7%.1 The Company believes that AI-powered social selling is among the fastest-growing segments in e-commerce today.
With this acquisition, VERB is setting a new industry standard for interactive video-based social commerce, with the goal of ensuring that MARKET.live is the dominant force in this space and the go-to platform for brands looking to future-proof their business with AI-powered video commerce.
About VERB Technology Company Verb Technology Company, Inc. (NASDAQ: VERB), is the innovative force behind interactive video-based social commerce. The Company’s MARKET.live platform is a multi-vendor, livestream social shopping destination at the forefront of the convergence of ecommerce and entertainment, where brands, retailers, creators, and influencers engage their customers, clients, fans, and followers across multiple social media channels simultaneously. GO FUND YOURSELF!, is a revolutionary interactive social crowd funding platform for public and private companies seeking broad-based exposure across social media channels for their crowd-funded Regulation CF and Regulation A offerings. The platform combines a ground-breaking interactive TV show with MARKET.live’s back-end capabilities allowing viewers to tap, scan or click on their screen to facilitate an investment, in real time, as they watch companies presenting before the show’s panel of “Titans”. Presenting companies that sell consumer products are able to offer their products directly to viewers during the show in real time through shoppable onscreen icons. The Company is headquartered in Las Vegas, NV and operates full-service production and creator studios in Los Alamitos, California.
FORWARD-LOOKING STATEMENTS This communication contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties and include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance, or achievements including the following statements; the transaction closing within the next 60 days, if not sooner; the integration of LyveCom’s AI-driven technology into VERB’s MARKET.live allowing brands and merchants to deliver an omnichannel livestream shopping experience to their customers; the new MARKET.live introducing game-changing innovations; the combination of LyveCom’s cutting-edge AI-powered video commerce technology with Verb’s expansive market reach, creating one of the most advanced, omnichannel video shopping ecosystem in the U.S., redefining how consumers discover, engage, and shop in a content-driven world; the revamped platform establishing the new paradigm other ecommerce platforms will strive to emulate; the completion of the acquisition establishing VERB’s MARKET.live as a definitive leader in livestream and AI-powered social commerce; MARKET.live will offering a truly integrated, multi-platform solution; the addition of LyveCom’s AI-driven video commerce capabilities to the new MARKET.live offering an unparalleled shopping experience that bridges brands, marketplaces, and social platforms — ensuring that consumers can engage and shop wherever they are and ensuring MARKET.live remains the go-to platform for brands looking to future-proof their business with AI-powered video commerce. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the ability to satisfy the closing conditions and consummate the acquisition; the ability of VERB to derive the benefits anticipated from the acquisition including becoming a leader in livestream and AI-powered social commerce and those identified in our filings with the Securities and Exchange Commission (the “SEC”), including our annual, quarterly and current reports filed with the SEC and the risk factors included in our annual report on Form 10-K filed with the SEC on April 1, 2024. Any forward-looking statement made by us herein is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement whether as a result of new information, future developments or otherwise.
Sheshan (Agenzia Fides) – “I was here with Bishop Joseph Shen Bin to pray for Pope Francis.” With these words, Cardinal Stephen Chow Sau-yan, Bishop of Hong Kong, describes the central moment of his recent visit to Shanghai, reported in KungKaoPo, the weekly bulletin of the diocese of Hong Kong.The visit, which began on February 24 and ended recently, reflected the desire to walk together on the “bridge of dialogue and communion.”At the Marian shrine of Sheshan, before the image of Our Lady so dear to Pope Francis, Cardinal Chow and Bishop Shen Bin together prayed for the health of the Pontiff during the solemn liturgy of February 25.The Hong Kong delegation, led by Cardinal Chow, included Auxiliary Bishop Joseph Ha Chi-shing OFM, Diocesan Vicar Peter Choy Wai Man and other priests and lay people.On arriving at the Basilica, the two bishops, together with the assembly of the faithful, recited the prayer to Our Lady of Sheshan written by Pope Benedict XVI. “It was a very special experience and it moved me deeply. I cried during the prayer,” Cardinal Chow said. “The Sheshan shrine is a sacred place for the Church in China. I was here with Bishop Shen Bin to pray for the Pope.” The Cardinal also stressed the importance of “spirituality in exchange,” and noted that in the diocese of Shanghai the ecclesiastical community maintains continuous relations with the civil authority. “In Hong Kong too, we must have an open heart for exchange and cooperation with the various parties. There is room and even need for mutual exchange and cooperation between the sacred and the secular.” The Cardinal and Bishop of Hong Kong expressed his hope for more exchange and cooperation in the future, noting that “the Church is a bridge of dialogue and communion.” “May this journey of encounter,” Cardinal Chow insisted, “inspire us to walk in faith and hope and to strengthen ties within the universal Church.”In addition to the Sheshan Shrine and the diocesan seminary located in the Shrine, during their stay in Shanghai, the Hong Kong delegation visited the Cathedral of St. Ignatius, the Bishopric, the Guangqi Publishing House, the churches chosen for the Jubilee pilgrimage, some parish communities and also Buddhist temples. The Cardinal expressed his desire to welcome brothers and sisters of the Church of Shanghai to Hong Kong as soon as possible.Pope Francis has often mentioned the devotion of the people of God in China to Our Lady of Sheshan, entrusting his desire to make a pilgrimage to this Shrine. In the video message sent to the Conference on the centenary of the Primum Concilium Sinense held at the Pontifical Urbaniana University on 21 May (see Fides, 21/5/2024), Pope Francis recalled that “Precisely in these days, in the month of May, dedicated by the people of God to the Virgin Mary, many of our Chinese brothers and sisters make a pilgrimage to the Shrine of Sheshan, to entrust their prayers and their hopes to the intercession of the Mother of Jesus.” “I too – added the Bishop of Rome on that occasion – ideally climb the hill of Sheshan. And together let us entrust to Our Lady, Help of Christians, our brothers and sisters in the faith who are in China, all the Chinese people and all our poor world, asking for her intercession, so that peace may always triumph everywhere.” (NZ) (Agenzia Fides, 4/3/2025)
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Kinshasa (Agenzia Fides) – The front line between the M23 guerrillas and the “Wazalendo” militiamen runs through the Ruzizi plain (in the province of South Kivu, in the east of the Democratic Republic of Congo). According to a report by the local civil society “Association against Evil and for the Supervision of Youth and Human Rights” (ACMEJ) and sent to Fides, the M23 controls the village of Kamanyola, while Katogota is allegedly controlled by the “Wazalendo” militias.The latter control the bridge in Katogota. “This is causing great fear among the population of the two villages, as they have become the front line where the two elephants are waiting to meet and will end up like grass trampled by pachyderms,” the note says. Control of the Ruzizi plain is strategically important because it represents a natural border between the DRC and Burundi on the one hand, and between the DRC and Rwanda on the other. Control of the river plain would allow the M23 to approach both borders, threaten Burundi (an ally of the government in Kinshasa) and open up another route for the Rwandan army to deliver aid to the movement. And above all, to export strategic minerals illegally mined in the DRC to Rwanda. In previous wars in the east of the DRC, the village of Katogota was the scene of a massacre that left an indelible memory among its inhabitants. “During the RCD/Goma period, on May 14, 2000, the soldiers of this movement carried out a massacre of the civilian population in Katogota, which left 375 civilians dead and was accompanied by a systematic looting of the property of the civilian population,” the note says. The “Rassemblement Congolais pour la Démocratie” (RCD) is just one of the many names of a pro-Rwandan guerrilla movement that later became the M23 (see Fides, 18/2/2025). The note concludes with an appeal “to the international community, the UN Security Council, the European Union, France and other major world powers to fulfill their duty to save the Democratic Republic of Congo in this difficult period for its civilian population.” “In order to obtain the strategic minerals they seek, these countries should not obtain them via Rwanda, but directly from the Democratic Republic of Congo, which is the rightful owner,” it says. (L.M.) (Agenzia Fides, 4/3/2025)
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Battambang (Agenzia Fides) – The Thai government has announced that it will study the feasibility of building a wall along the border with Cambodia to prevent illegal border crossings. According to the Bangkok government, the wall is intended to combat the human trafficking network that supplies the so-called “scam centers” in Thailand, i.e. the “fraudulent call centers” located both in Thailand (for example on the border with Myanmar) and in Cambodia, just across the border with Thailand.The Thai government intends to step up its efforts against criminal organizations involved in human trafficking, forced slavery, large-scale financial fraud, but also in drug trafficking and the smuggling of goods. According to the United Nations, in recent years hundreds of thousands of people, lured by job advertisements, have been kidnapped by these criminal gangs and held in slavery in “scam cities”.”The problem exists and it is serious,” says Jesuit Father Enrique Figaredo Alvargonzález, who has lived and worked in Cambodia for 40 years as a Spanish missionary and is Apostolic Prefect of Battambang, the province on the border between Cambodia and Thailand, in an interview with Fides. “Human trafficking is a scourge that must be fought with all available means, and this is also done through the cooperation and network of civil society.” “However,” continues the Apostolic Prefect, “the project of a wall seems rather unrealistic, considering the permeability of the border and the thousands of Cambodian workers, especially young people, who have emigrated to Thailand from the province of Battambang.” “Today, there are many villages in our province that are unfortunately empty because young people migrate to Thailand to do the menial jobs that Thai workers do not want to do,” he says. “But a wall is certainly not the right solution: such problems are addressed through dialogue and cooperation between governments at all levels and also through fruitful cooperation with non-governmental organizations and associations,” he notes. “Caritas in Cambodia is committed to the victims of human trafficking and strives to raise awareness among the population, in full agreement with the civil authorities,” stresses the Prefect. Thailand and Cambodia share a 817-kilometer border. In autumn 2024, the two neighboring countries opened a new border crossing in Sa Kaeo province, the so-called “Thai-Cambodian Friendship Bridge,” near the city of Poipet. They also extended the times for border crossings at the Chong Sa-ngam border (in Si Sa Ket province) to promote trade and tourism between the two nations, facilitate the cross-border transport of goods and intensify the exchange of people. (PA) (Agenzia Fides, 4/3/2025)
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Source: United Kingdom – Executive Government & Departments
An unpublished preprint uploaded to BioRXiv looks at gene editing in mice to create woolly mammoth-like hair phenotypes.
Dr Tori Herridge, Senior Lecturer, School of Biosciences, University of Sheffield, said:
Woolly Mouse in Context
“Colossal have announced that they have successfully bred ‘woolly mice’, and this is a “water shed moment” in their mission to genetically engineer an arctic adapted elephant, aka “bringing back the mammoth.”
“Colossal’s team made a number of genetic changes known as “knock outs” in lab mice that are already known to produce longer, thicker, wavier — or woollier — coats in mice. They also made a change known to cause blonde hair colouring in mice.
“The result, therefore, of various “woolly mice” from these genetic changes is unsurprising: woolly mice have been produced in labs and by mice breeders many times before.”
Mammoth-like genes?
“Three of the genetic changes made in some of the mice were inspired by woolly mammoth DNA, but they still only show effects in mice. The mice were not edited to have a precise copy of the mammoth genes, but it is possible that these edits may have had a similar effect in both mice and mammoths (either by stopping the gene from working, or by changing the way the gene worked), but we cannot be sure about this.
“It is also not possible to tell what impact these ‘mammoth-inspired’ changes had, if any, in the Colossal woolly mouse owing to other gene edits made at the same time.”
Are we a step closer to ‘bringing back the mammoth’?
“A mammoth is much more than just an elephant in a fur coat. While we know a lot about mouse genetics, we know much less about mammoths and elephants. It isn’t yet known which sections of the genome are vital for achieving the characters need to make an elephant fit for life in the Arctic circle. Genes that are linked to fur and fat in well-studied animals like mice are obvious targets, but the devil is in the detail. And what about other characters that are equally important? Which bits of the genome underpin the teeth and jaw changes that might be needed to accommodate an Arctic diet, for example (mammoth teeth were clearly under strong evolutionary pressure to adapt to their diet)? What about things we haven’t even discovered yet, things we don’t know we don’t know?
“Unless you decide to make EVERY edit necessary to in the genome, you are only ever going to create a crude approximation of any extinct creature, based on an incomplete idea of what it should look like. You are never going to ‘bring back’ a mammoth.
“Colossal’s Woolly Mouse experiments also show that de-extinction attempts are fraught with failure: most gene-edited embryos failed to result in live pups (less than 10%), and very few of those born were successfully edited for all target genes. This is for experiments that made a small number of relatively simple (loss of function) changes in well understood genes, using a ‘model’ lab animal as a surrogate.
“Engineering a mammoth-like elephant presents a far greater challenge: the actual number of genes likely to be involved is far higher, the genes are less well understood (and still need to be identified), and the surrogate will be an animal that is not normally experimented upon. Even if success rates are similar to those observed in the woolly mice (and they may well be lower given the greater number of edits and unknowns), there will likely need to be multiple pregnancies before a “successful” calf is born. This equates to either a very large number of surrogate dams, or – given elephant pregnancies last approximately 2-years – a very long time.
“Mammoth de-extinction doesn’t seem to be on the horizon anytime soon.”
Ethical Considerations
“Colossal’s Woolly Mouse experiments show that the physical effect of genome-editing cannot be observed until the animal experimentation stage. This will also be true in elephants.
“Although it is branded as “woolly mammoth de-extinction”, what is being proposed is an experiment to test the effect of certain gene edits on the appearance of elephants.
“For the mice in these experiments the risk was small: the effect of these gene edits already known, and were not likely to cause risk or suffering to surrogate or pup.
“We do not know the risk involved for elephants, but it could be very high.
“We do know that surrogacy is a burden on the dam, and that captive elephant pregnancies carry risks even under normal circumstances.
“Placing such a burden of risk on an elephant surrogate in pursuit of an experiment that – at best – will produce a simulacrum of a woolly mammoth, is unjustifiable.”
Dr Saad Arif, Senior Lecturer, School of Biological and Medical Sciences, Oxford Brookes University, said:
Is there enough info to comment on the announcement, how well can we judge what has been accomplished and how it has been done?
“The preprint provides enough information on what has been accomplished and how it was conducted.”
How novel is the research and techniques to create the mouse, is it more than just genetically engineered lab animals? Is this something more special?
“One novel element of the work seems to be the use of genome-editing technologies to alter multiple genes at once with high efficiency and speed in mice. Although we have had the ability to alter multiple genes at once for sometime, the efficiency and speed with which these changes can be made could still be improved. Based on the results presented by the authors, their methods for generating transgenic mice with the desired changes appears to be both rapid and highly efficient, which would be extremely desirable when testing for the function of genetic changes in any context, whether it has implications for conservation or disease biology.
“Genome-editing can also lead to unintended edits in non-targeted parts of the genome resulting in unwanted modifications, so-called off-target effects. Although, the authors report no missense mutations (potentially eradicating or modifying an untargeted gene’s function), this is not demonstrable proof that gene function hasn’t been altered. Such off-target effects could be detrimental in real world applications of genome-editing e.g. curing a disease or in trying to turn an ‘elephant” into a mammoth’.
“Another novel aspect of this study is that some of the genes targeted by the authors are based on their comparisons of ancient mammoth and modern elephant genomes. This set of genes (in contrast to most of the others, which are selected based on information from mice studies) comprise those with identified differences between cold-adapted mammoths and their warm-adapted elephant cousins. Hence differences in these genes could potentially be part of the cold adaptation repertoire of mammoths. This really paves the way for exploring the consequences of genomic differences in extinct species or populations.”
How is this proof of principle for the research missions of the company?
“It shows that Colossal have a model system to validate predicted effects of the DNA differences they have identified between mammoth and elephant genomes and which of these differences is relevant for mammoth’s cold adaptations. For example, they identified differences in DNA sequences of a gene that controls hair length both in Elephants and Mammals, they then introduced that difference in their mouse model, via genome editing, and determined that the change does indeed affect hair growth. The ability to edit genomes. rapidly and efficiently, to test the role of DNA changes will help them prioritize which genetic modifications are relevant for cold adaptation.
“However, it is important to note that their ability to predict whether a gene controls hair growth comes from work done in mice, humans and other organisms. Not all genes will have functional effects that are so easy to predict because not all genes are as well studied and screening for the effect of alterations in these genes may not be as straightforward. Many genes, unlike those that control hair colour or some aspect of outward appearance, may not have immediate or directly observable effects. Finally, given the idiosyncrasies of mouse biology, some genetic edits will just not manifest themselves in the same way as they would in mammoths or their relatives. The authors acknowledge this and this is a well-known issue with the use of mice in studying human genetics as well. Hence, being able to test whether a specific difference between mammoths and elephants is related to the former’s cold tolerance is still challenging.”
What are the implications of this research? How close are we getting to the “de-extinction” of the Woolly Mammoth? Does this have significance in conservation biology? “I think we are still very far from their “de-extinction” goal. The elephant and mammoth genomes are considered to be 96.4% identical, however, that still leaves potentially another ~13 million changes in DNA sequence to consider! It is also still unclear how mammoth cold adaptation phenotypes without a clear outward manifestation, could be identified or screened in mice.
“Additionally, at the moment it is difficult to see how they will “birth” a mammoth-like elephant as that may also require some additional technical advances and ethical considerations as this may require elephant surrogacy. Nonetheless, it still remains a goal worth striving for because of potential technical advances they could be achieved along the way. I wouldn’t mind being proven wrong on this. “I see this as a fairly small step towards their “de-extinction” goal and I still see us far from any direct impact in conservation biology. Nonetheless, being able to test the genetic effects of DNA differences discovered from extinct species and populations could help us identify the genes and sequence differences involved in making organisms more adaptable to their environments.
“Finally, the efficiency and speed of their multiplex genome-editing technologies is promising and perhaps the most impactful part of their work. These methods could have implications for human disease and biology and help us understand, and potentially treat, complex genetic diseases or traits that are controlled by multiple genes.”
Is there any ethical significance of this research to consider?
“I don’t think the results of the current research are of any ethical significance. However, later down the line, the idea of ‘birthing a mammoth’ via an elephant (an endangered species) surrogacy will surely raise ethical concerns.”
Dr Louise Johnson, Evolutionary Biologist, University of Reading, said:
“Seeing these mice is a bit like looking back at the past, but with a highly selective telescope. This technology offers an exciting opportunity to test some of our ideas about extinct organisms.
“It is an interesting piece of work, but the idea that we could bring something back from extinction is false hope.
“What has been done here is not trivial, but of the ten different mutations engineered into the mice, only a few actually make the mouse gene closer to a known mammoth gene. The result does show that it is possible to genetically engineer many genes at once and still produce some live mice at the end of the process, though. The researchers have succeeded in nudging the mouse genome in the direction of a mammoth genome, which is a first.
“If we have an idea of what a gene might do in an extinct mammal, this technology can produce powerful results by introducing a very similar sequence into a mouse. But in this particular case, most of the mutations are chosen just because they are already known to make mice have longer, coarser, wavier hair. You could, in theory, produce mice like this by just breeding mice with weird hair together.
“In theory, you could introduce a gene for hairiness into an elephant and it would look quite mammoth-like, but it wouldn’t be a mammoth in any meaningful way. Elephants would be a terrible species to do this research with – they are huge, have long gestation periods, and require highly specialist housing and care. The mouse is a brilliant lab animal, and we know a lot about the mouse genome and how to alter it effectively.
“You do have to know a bit about how the extinct genes might work. For example, it was already known that the genes for coat colour and texture were similar in the mammoth and the mouse. Being able to create and introduce a mouse gene that is somewhat the same as the mammoth opens up a new way to look at evolutionary genetics.”
Dr Alena Pance, Senior Lecturer in Genetics, University of Hertfordshire, said:
“Genetic engineering in mice has been performed for a very long time using, developing, and testing a variety of technologies. These modifications include introducing traits from other species, notoriously ‘humanised mice’ that have been used for research related to human traits and disease.
“The decoding of an extinct species genome to identify specific genes associated with particular traits has also been done before, where the physical characteristics of ancient humans have been deduced from their genomic data.
“Perhaps the novelty here is using mice to confirm the assumptions about correlations between genes and specific traits. The press release gives the impression that mammoth genes were introduced to mice but from the preprint, it transpires that the genomic editing in these mice consists of inducing loss of function of several genes simultaneously. The choice of these genes comes from observed spontaneous mutations in mice that impact traits such as coat and comparative analyses of elephant and mammoth genomes that reveal similar loss of function in some of these genes.
“The ability to use mice in order to examine and test gene-trait relationships and hypotheses about physical characteristics specifically using genomes from extinct organisms might prove useful, but overall not particularly novel.”
Prof Dusko Ilic, Professor of Stem Cell Science, King’s College London, said:
“The achievement described in the latest press release regarding “woolly mice” is interesting, particularly in terms of the strategy used to refine the list of genes related to hair growth that were also compatible with their model organism—the mouse. This is indeed a noteworthy milestone.
“Once the gene list has been established, engineering mutations in mice, including those involving seven genes, is a well-established process and not particularly challenging.
“With mice, the process is relatively straightforward. Their gestation period is only three weeks, and they typically give birth to six to eight pups per litter. However, translating this approach to elephants presents significant challenges. Elephants have the longest gestation period of any mammal—approximately two years—and generally give birth to a single calf. Furthermore, it will take 10-14 years for them to be sexually mature.
“Assisted reproductive technologies (ART), including in vitro fertilization (IVF), have seen limited success in elephants. The primary ART method employed in elephants has been artificial insemination (AI). The Indianapolis Zoo achieved a significant milestone in 2000 by facilitating the first successful birth of an African elephant conceived through AI. In 2023, the same zoo announced that a 16-year-old African elephant named Zahara was pregnant via AI, marking the first instance where an elephant born through AI is expecting a calf conceived by the same method.
“This raises critical questions: How many elephant cows would need to undergo experimental pregnancies to give a birth to a “woolly elephant”? And how long would it take before the first such hybrid is born?”
Dr Denis Headon, Group Leader and Senior Research Fellow, The Roslin Institute, University of Edinburgh, said:
“With a long-term goal of advancing the de-extinction of the mammoth, the team have managed to alter several mouse genes in one step. They chose these gene alterations based largely on things that we know about mice, rather than what we know about mammoths. This approach produced very shaggy mice with a coat that resembles that of the woolly mammoth remains we find today. While the mice have a striking golden coat, they are otherwise healthy, indicating that the method used is not harmful. Certainly this is an advance in speeding up the rate of genetic modification towards the many changes that distinguish one species from another, though it’s not clear that these changes alone would alter a relatively hairless elephant into a woolly animal. Further work on either synthesising or understanding the mammoth genome would also be required to go beyond these superficial characteristics to generate an animal that would, for example, have the right behaviour to live in Arctic conditions. This paper reports an important advance not only for de-extinction but for animal breeding in general.”
An unpublished preprint titled ‘Multiplex-edited mice recapitulate woolly mammoth hair phenotypes’ by Rui Chen et al. was uploaded to BioRXiv on 13:00 UK time Tuesday 4 March.
Declared interests
Dr Saad Arif: None
Dr Louise Johnson: None
Dr Alena Pance: I can confirm I have no conflict of interest regarding this story
Prof Dusko Ilic: I declare no conflicts of interest.
Dr Denis Headon: I don’t have any interests to declare on this paper/story.
For all other experts, no response for our request for DOIs was received.
This Fraud Prevention Month the Nova Scotia RCMP is reminding the public to always stay vigilant to help protect themselves against fraud, and sharing common scams to watch out for.
Fraud can happen to anyone at anytime. Scammers use sophisticated ways to target individuals from across Nova Scotia. The best way to fight these types of crimes is through awareness and using educated caution when dealing with fraudulent calls, texts, emails and messages.
The most common scams in Nova Scotia over the past year, include:
Extortion:Scammers unlawfully obtain money, property or services through intimidation. This is also done through sextortion, a form of blackmail that involves threats to distribute intimate images or videos if money isn’t paid to the fraudster.
Romance:Using fake profiles on social media and dating websites, scammers convince people to enter into a virtual relationship with the goal of having them send financial support. Often victims are asked to send compromising photos of themselves and are subsequently extorted for money.
Investment:Scammers solicit investments into false or deceptive investment companies that promise higher-than-normal returns.
Service: scammers offer services such as tech support, air duct cleaning, or new cellphone service plans, in attempt to steal personal information.
Vacation:Scammers call pretending to be a well-known airline, cruise company or vacation travel retailer. They share that you have won a free trip and that you have to pay taxes or fee associated with the free trip.
Spear phishing:Pretending to be from legitimate sources, and using what look to be legit email addresses, scammers try to get businesses or individuals to send them money.
Job:These scams involve online ads and fake job interviews; victims are often directed to purchase and send gift cards using fraudulent cheques.
Rental:Scammers will list a property that is not real or that they do not own. Next, they ask potential renters to pay deposits for the fake property.
Bank investigator:Scammers call and ask for help catching fraudulent bank employees or offer help in resolving suspicious account transactions.
Merchandise:Scammers create fake online ads online using resale sites, website pop-ups or fake company websites.
Emergency: Fraudsters prey on people’s fear of a loved one being hurt or in trouble and in need of financial support. (Also known as the ‘grandparent scam’).
Prize:Scammers contact people claiming they’ve won, or have a chance at winning, a prize or lottery; the winner is then asked to pay taxes or fees related to the fake winnings.
CLARKSBURG, WEST VIRGINIA – Cedrick Dion Tyron Griffin, age 26, of Detroit, Michigan, was sentenced to 168 months in federal prison for possession with intent to distribute 40 grams or more of fentanyl.
According to court documents and statements made in court, the Fairmont Police Department was investigating a shooting that led them to Griffin. A search of his Morgantown apartment, his vehicle, and a hotel room in his name resulted in the seizure of $28,000, 144 grams of fentanyl, more than 1,100 grams of methamphetamine, and a firearm. Griffin has a criminal history that includes obstructing/assault on a police officer, attempted murder, wanton endangerment, malicious wounding, drug trafficking and witness intimidation.
Griffin will also serve four years of supervised release following his prison sentence.
Assistant U.S. Attorney Brandon Flower prosecuted the case on behalf of the government.
The Three Rivers Drug Task Force, a HIDTA-funded initiative, investigated.
Chief U.S. District Judge Thomas S. Kleeh presided.
A response to the legacy of the imperialist and mining magnate Cecil John Rhodes is being written into the fabric of the refurbished Rhodes House at the University of Oxford in the UK.
A statement “remembering and honouring the labour and suffering of those who worked to create this wealth” has been translated into the southern African language ǀxam and carved into the stone parapet of a new convention centre within the building.
Rhodes studied towards a degree in law at Oxford from 1876, taking eight years to complete it as he kept having to return to South Africa to look after his mining interests. He set up the Rhodes Scholarship in his will, so that male graduates from around the empire might benefit from an Oxford education. Women were included from 1978.
At the same time, his diamond mining enterprise rested on black land expropriation, which is why his legacy has been contested in recent years.
ǀxam is now a sleeping language, meaning that it is no longer used by any group as a mother tongue. It was spoken until the early 1900s by descendants of the Khoesan peoples and Afrikaners of the Northern Cape. It was famously recorded by the linguists Wilhelm Bleek and Lucy Lloyd at the end of the 1800s in Cape Town, where a number of ǀxam men were incarcerated at the Breakwater prison, itself a symbol of colonial conflict.
Khoekhoegowab and other languages of northern South Africa, southern Namibia and Botswana, still spoken today, share complicated histories with ǀxam. The language lives on in the work of several leading South African authors, like Antjie Krog and Sylvia Vollenhoven. It’s found in the motto on the South African coat-of-arms where it reads “diverse people unite” – and now in the Oxford inscription.
We are scholars of literary and storytelling histories including those of Afrikaans and ǀxam. Rhodes House tasked us to find ways of translating the inscription into ǀxam, in consultation with speakers and teachers of related languages that are still used.
With its marked click consonants like ! and ǀ, the ǀxam inscription brings an unmistakable African presence to the heart of Oxford. The carving signifies resistance to the takeover, control and possession of other lands and people that underpinned the colonial project.
Latin meets ǀxam
Built in a monumental style by British architect Herbert Baker, Rhodes House is the home of the prestigious Rhodes Scholarships and stands as a memorial to Rhodes’ memory. Baker worked extensively in South Africa, where he designed the Union Buildings, the seat of the country’s government.
A line in Latin honouring Rhodes and acknowledging his love for Oxford runs along the top parapet of the building, at the rear. The new inscription appears in parallel lower down, but also closer to the viewer on the ground.
It can be seen as being in dialogue with the Latin writing. Latin, too, is a sleeping language.
How ǀxam came to be used
The decision to sculpt words honouring those who worked to generate Rhodes’ wealth emerges from five years of legacy and inclusion conversations held across the worldwide Rhodes Scholar community.
These rewarding but often tough exchanges were conducted in the awareness of important initiatives exploring histories of empire, like the #RhodesMustFall and #BlackLivesMatter movements.
The wording was collectively chosen. Representatives from all generations emphasised the importance of recognising that the Rhodes legacy was built on southern African people’s suffering and labour.
The idea arose at an early stage to use a southern African indigenous language that could not be immediately translated or decoded. As one of us, Boehmer, explains in her research, it is important that the experiences of people marginalised by history are voiced if at all possible in their own languages. That their labour is, literally, put in their own words.
In this way, we question and resist ideas of frictionless cultural exchange around the world – exchange that is always dominated by the global north through the medium of English.
The translation
Translating the text that emerged out of the conversations we had was an exercise in balancing languages, worldviews, and even translators. Although ǀxam was recorded in the late 1800s, it is no longer spoken.
Therefore, the lead translator, Staphorst, approached the new inscription as an opportunity to work with and highlight the various entanglements between the ǀxam recorded by Bleek and Lloyd, and other related languages.
After Staphorst’s preliminary translation, South African linguist Menán du Plessis provided a retranslation based on her extensive work on compiling ǀxam’s first reference grammar.
Staphorst revised and edited further in line with reflections on the links between ǀxam, on the one hand, and other southern African languages (Nǀuu, Khoekhoegowab and Afrikaans), on the other.
The new inscription moves beyond the fixation on the so-called “extinct” nature of the language, and rather embodies a point where the various histories, cultures and languages of the Cape meet each other.
We then worked together from October 2024 to develop and test the translation. This crucially included a visit to the Kalahari, a formative landscape of the Bushman peoples, and a consultation with Ouma Katrina Esau and her granddaughter, Claudia du Plessis. Both teach Nǀuu (Nǀhuki), a language related to ǀxam.
Grappling with legacy
It’s significant that the language is tied to the South African region whose history Rhodes profoundly shaped, and where he lived and died. Two stones bearing translations into English of both the Latin and the ǀxam messages will appear near to the inscriptions, so that viewers will be able to engage with the meaning and the symbolism of both.
The ǀxam inscription was carved by UK stone mason Fergus Wessel, who works in response to a longstanding English Arts and Crafts tradition. The inscription’s handcrafted aspect responds to the saying’s reference to the difficult labour of southern African peoples that produced the Rhodes wealth.
At a time when educators and activists have grappled with the legacy of imperial figures like Rhodes, the new inscription is an effort to deal in the present with the colonial past and its legacies.
The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.
Global power dynamics in Africa are shifting, with China eclipsing the influence of the US and France. China has become Africa’s single largest trading partner.
But these visuals oversimplify a complex reality. This is an issue I explore in a new study. For over a decade, I have researched the interactions of sub-Saharan Africa with other states like Turkey, Arab Gulf states, Japan and China.
In a recent paper I explored the use of maps that have been created of Africa showing China’s projects across the continent. I argue that, by overlaying Chinese flags on maps depicting Africa and its 54 states, media and policymakers turn economic ties into a visual representation of foreign encroachment.
This process is called securitisation – the framing of something as a threat, even if it’s not one.
This visual securitisation not only heightens fears of dependency but also primes certain audiences – in the US, Japan and France, for instance – to view China’s presence as a direct challenge to their interests.
Certain threats – like terrorist groups or nuclear weapons – are self-evident. China’s presence in many African states, however, is different: if it’s a threat, who is threatened and why? Do Chinese-built roads or railways – and the debt African states accrue for this infrastructure – constitute the threat?
My research shows that the answer to these questions is: it depends.
Portraying China’s presence in Africa with flags on maps can distort African states’ sovereignty and their power to make decisions based on national interests. This visual portrayal reduces these countries to arenas of global power competition. It fails to recognise them as strategic actors.
China tops imports to African states
On the other hand, my research shows that China’s role may not be entirely benign.
My study focuses mostly on east Africa, to include the Horn of Africa. Much of Beijing’s engagement here remains primarily economic (as it does in west, central and southern Africa). However, China’s growing control over critical infrastructure and digital networks, and its pursuit of military footholds near strategic maritime routes, present real security concerns.
Policymakers need to separate legitimate risks from exaggerated securitisation narratives. This would help them avoid the pitfalls of reactionary policies.
Negative consequences
Presenting China as a threat in Africa has three negative consequences.
First, it erodes the idea and reality of African sovereignty and agency. Maps portraying Africa as overrun by China suggest that governments and civil society are mere bystanders unable to negotiate their own foreign and domestic agendas.
The reality is that countries like Kenya actively engage with China to attract investments for development projects, and to balance their relations with other international actors like the US and Japan.
The result of securitisation is that American or Japanese policymakers, for instance, have begun to view Africa through the lens of their strategic competition with China. This is evident in Washington’s foreign policy rhetoric, for example. This increasingly frames African states not just as partners but also as strategic battlegrounds in the growing US-China rivalry. The risk is that African countries may start being treated as passive players.
Second, securitisation inflates the perception of China as a global security threat.
The repeated use of maps with Chinese flags covering ports, railways and industrial zones creates an exaggerated image of unchecked expansion. These maps fail to show the host of other external states operating on the continent.
The US, multiple European states, Japan, India, Russia, Turkey, the United Arab Emirates and South Korea all have significant interests in Africa. While China is by far the largest, most prominent external actor, with the widest reach throughout Africa, it’s been singled out because of the perceived threats its presence in Africa may pose to the west.
Third, securitisation can lead to knee-jerk reactions to limit China’s presence rather than engage constructively with Beijing’s investments in Africa. These reactions can result in ill-advised attempts by China’s competitors to push projects that don’t correspond to the needs of African states. This partly explains Ethiopia’s strained relations with the west. Sanctions and aid cuts over the Tigray conflict fuelled a pivot toward China and Russia.
The security risks
Securitisation raises valid concerns, but my research also underscores genuine security risks related to China’s presence in Africa. These shouldn’t be overlooked.
China’s growing role and embeddedness in Africa’s digital ecosystem presents a double-edged sword, for instance. Huawei and other Chinese companies have contributed to Africa’s telecommunications and digital transformation. But these investments also increase Beijing’s potential influence over data security, cyber governance and information flows. These give China the option to exploit networks for surveillance, intelligence gathering or political coercion.
Chinese-funded, built or operated infrastructure, ports and military bases
China’s expanding control over dual-use infrastructure is another concern. Chinese-operated ports in Djibouti, for instance, can be used for commercial and military purposes. They potentially grant Beijing a strategic foothold in key maritime corridors, such as the Red Sea. China could restrict access to these ports in times of conflict. Or use them to extend its naval footprint, similar to what it’s done in the South China Sea.
It’s China’s pursuit of other military facilities beyond its bases in Djibouti that will have the most serious implications for African states’ sovereignty. This is part of a deliberate Chinese strategy to expand its global power projection and protect access to critical resources like oil and gas.
Agreements on military facilities may end up undermining and even challenging African agency of action. The addition of Chinese ships and soldiers alongside the growing presence of US, European, Indian, Japanese and other regional naval forces could escalate tensions. It also risks entangling African states in power rivalries that aren’t in their national interests.
China’s presence in Africa has been securitised through maps drenched in red and stamped with flags, framing its engagement as a looming threat rather than a complex geopolitical reality. However, the real challenge for African states is ensuring that China’s growing influence – especially in infrastructure, digital networks, and security – does not erode their sovereignty. Whether Beijing’s presence becomes an opportunity or a liability will depend on how effectively African governments assert their national interests in shaping these partnerships on their own terms.
Brendon J. Cannon does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
We are two physicians whose clinical work and research focuses on the social causes of health and disease. In particular, we’ve seen firsthand how housing instability influences health outcomes.
Homelessness takes many forms, including living on the street or in a car, motel or shelter, or staying temporarily with friends or family. This last scenario is known as “doubling up.”
Our findings suggest that 1 in 4 Denver youth age 14 to 17 experienced some form of homelessness in 2021, and that the number of youth experiencing homelessness in Denver is many times greater than what traditional methods find.
In our study, we used three data sources in what’s known as a multiple systems estimation approach. This approach has been used to count other difficult-to-measure groups of people, including those with substance use disorders or COVID-19. Rarely has it been applied to homelessness.
We combined these datasets to avoid overlap between individuals and counted unique youth present in the data. We then used statistical modeling techniques to estimate those who are “unknown” – meaning not identified in the data. Together, these combined known counts and “unknown” estimates can give a more complete size of the total population.
Among our findings, we noted that 75% to 83% of youth experiencing homelessness in Denver identified as Black/African American or Hispanic.
To count people experiencing homelessness, states and homelessness service providers most often rely on point-in-time counts. In a point-in-time count, local service providers interview and record people experiencing homelessness on one night in January of each year. Typically, only people who are living on the streets or in shelters are counted.
In January of each year, local service providers record people experiencing homelessness. Boston Globe/GettyImages
Point-in-time counts are crucial for policy decisions around homelessness because they help local, state and national organizations and governments allocate resources.
However, point-in-time counts may miss people living in motels, doubling up, those who experience homelessness at other times of the year beyond January, and others. Consequently, many experts and researchers recognize that these counts give incomplete data.
Service providers and governments need new methods to count those experiencing homelessness. From Denver to Washington D.C., they cannot appropriately make decisions or adequately fund evidence-based interventions using incomplete numbers. We believe our methods can be an important piece of the toolbox to improve estimates and better inform policy.
What’s next
Even according to traditional point-in-time counts, homelessness continues to rise significantly across Colorado and nationally. Our results suggest many more youth, and likely persons from all walks of life, are experiencing homelessness than previously known.
Our team is working to use this methodology at the state level in Colorado. We plan to expand our counts to include adults in order to improve estimates among racial and ethnic minorities, LGBTQ+ people and other at-risk communities.
At the same time, our results demonstrate that multiple systems estimation can be an important tool in Colorado and nationally. Our team is optimistic that other researchers, service providers and governments will begin to use this method in their localities.
We hope that with a better understanding of the scope of homelessness, legislators and service providers can implement more effective policies to address this hidden crisis.
The Research Brief is a short take on interesting academic work.
Joshua Barocas receives funding from the National Institute on Drug Abuse. He is affiliated with the Infectious Diseases Society of America.
Matthew Westfall does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
“Violence is just part of the job. Every nurse and health care worker experiences it at some point.”
Sentiments like this echo across American hospitals and health care facilities, capturing a disturbing and growing reality. Though Americans think of nursing as the most trusted profession, we often fail to see that it’s also one of the most dangerous.
Despite these staggering numbers, the full extent of this epidemic may not be fully understood because nurses and other health care workers chronically underreport violent encounters. The American Nurses Association estimates that only 20% to 60% of incidents are accounted for. Additionally, there is no agreed-upon definition for workplace violence or clear way of tracking it on a national level.
As a practicing bedside nurse, I have experienced my fair share of workplace violence. As a professor of nursing, my research shows that violence has become a normalized but underreported part of working in health care and that it affects the care patients receive in pervasive ways.
What really counts as workplace violence in health care?
When people think about workplace violence, they often imagine dramatic physical assaults. Assaults do happen, but violence directed at workers can take many other forms, including verbal threats, intimidation, sexual aggression and bullying.
What makes defining and measuring workplace violence especially difficult in health care settings is the range of people involved. Violence may stem from patients, their families, co-workers or even disgruntled members of the public.
Nurses and health care staff work with people during incredibly stressful moments in their lives. Sometimes patients are experiencing medical conditions that may cause them to act out or be confused, such as dementia, delirium, psychosis or even postoperative reactions to anesthesia.
Too often, nurses who are threatened or hurt at work do not report the event.
Although not all employees can recite their organization’s official definition of workplace violence, ask a nurse whether they have ever experienced a threatening situation at work and they will likely have stories at the ready. In my 14 years of nursing practice, nurses shared many different types of threatening encounters. They reported being screamed at by distraught visitors and having their hair and wrists grabbed by patients who are trying to bite or spit at them. I have personally experienced having objects thrown at me from across the room and being threatened with retribution by patients’ family members.
Nurses also shared more extreme experiences in which they or their co-workers were injured in the course of trying to simply deliver care. Many described the emotional impact of watching a co-worker hurt badly enough to require medical attention.
From my observations, it’s not just the major incidents but the countless small threats or insensitive behaviors that add up over a nurse’s career. These seemingly less-threatening events are much harder to document, and many nurses shrug them off, but the small infractions take a toll when they happen repeatedly.
Breaking the culture of silence
A culture of silence makes such incidents hard to track.
The medical-surgical nursing unit at the hospital where I conducted my research has a healthy and supportive culture. Yet in my ongoing doctoral work, which will be published in May, of the 74% percent of staff that acknowledged experiencing workplace violence in the past year, only 30% reported the event.
When nurses stay silent, whether from fear, futility or institutional pressure, violence becomes an accepted part of the job. Without accurate data, health care facilities don’t understand the true extent of the problem, can’t implement effective safety measures, and struggle to support their workers in meaningful ways.
Nurses also report a lack of support from management, a fear of reprisal or a sense of shame when reporting. Commonly, many nurses simply find reporting tools to be too difficult and time-consuming to use.
That is a huge problem, considering that the United States is projected to have 193,100 nursing job openings per year until 2032, yet will produce only roughly 177,400 new nurses in that time frame. This also has vast repercussions for patient care.
During my nursing career, I observed my peers developing complex strategies to protect themselves while trying to provide compassionate care. Like me, they tended to carefully position themselves near doorways, maintained constant awareness of their surroundings and silently assessed each new interaction for potential risks.
These invisible precautions reflect the far-reaching effects of health care violence. When nurses are hypervigilant about their safety, they have less emotional energy for patient care. When they’re rushing between rooms due to short staffing caused by violence-related turnover, they have less time for each patient. When they are worried about what the next patient encounter may bring, they are increasing their anxiety, fear and stress rather than focusing on delivering quality care.
Creating safer health care together
Each health care visit is a chance for patients and their families to improve nursing care for everyone.
When you visit a hospital or clinic, try to understand the stress that health care workers are under and express your needs and concerns calmly. You never know what your nurse is dealing with in their interactions with other patients. They try to compartmentalize and give you their full attention, but they might also be experiencing a difficult and traumatic situation right next door.
It also helps to share information that might be relevant to caring for your family member, such as whether their medical condition is causing them to act differently than normal. And you should speak up if you witness any forms of aggressive behavior. These actions might seem small, but they support health care staff and help prevent violence in health care settings.
Nurses are trained to keep information private, to be problem-solvers and to bear the burden of the job, so they don’t always seek support. If you have a nurse or health care worker in your family or circle of friends, let them know you care. Supporting their safety validates their work and leads to better care for everyone.
Jason Blomquist is affiliated with the American Nurses Association, Idaho chapter as a member of the board of directors. This affiliation has not influenced or overlapped with the work described in this article.
The number of rigs deployed to drill for natural gas in the United States decreased over the last two years. U.S. natural gas-directed rigs decreased 32% (50 rigs) between December 2022 and December 2024. This decline has been concentrated in the natural gas-rich Haynesville and Appalachia regions, where the combined natural gas rig count declined by 34% during 2023 (43 rigs) and by 24% during 2024 (21 rigs). The decline in drilling rigs coincides with record-low natural gas prices for most of 2024 and the wider adoption of advanced drilling and completion technologies.
In the Haynesville region, which spans Texas and Louisiana, drilling costs tend to be higher than in other plays because Haynesville wells are drilled to greater depths, usually between 10,500 feet and 13,500 feet deep. As natural gas prices have generally declined over the last two years, rigs in the Haynesville have decreased 55% since December 2022 (39 rigs) as drilling has become less economical. Consequently, marketed natural gas production in the Haynesville region has declined 7% over the same period.
Data source: Baker Hughes Company
Similarly in the Appalachia region, which includes natural gas produced from the Marcellus and Utica plays, rigs have declined 37% since December 2022 (19 rigs) with the drop in natural gas prices. As a result, growth in marketed natural gas production has been limited to 4% over the same period.
The extent to which producers respond to price changes depends on several factors, such as uncertainty around future prices, contracts, volatility in the market, and price hedging; current costs of materials, equipment, and labor; and availability of transportation and storage.
Data source: U.S. Energy Information Administration Note: Prices are adjusted for inflation using the December 2024 estimate of the Consumer Price Index for All Urban Consumers from the Bureau of Labor Statistics.
After the U.S. benchmark Henry Hub natural gas price reached a 14-year high of $6.95 per million British thermal units (MMBtu) in 2022, it fell 62% in 2023 ($4.31/MMBtu) and a further 16% in 2024 ($0.43/MMBtu). The Henry Hub price in 2024 was the lowest ever reported after adjusting for inflation, with March 2024 marking the lowest average price of $1.51/MMBtu.
Producers in natural gas-rich regions have responded to these persistently low prices by drilling less—as reflected in the declining rig counts—and even by curtailing production, which has grown inventories of drilled but uncompleted wells. If natural gas demand and prices continue to rise, producers could be in a better economic position to complete these wells, potentially allowing them to quickly increase production.
Principal contributors: Kenya Schott, Trinity Manning-Pickett
Source: The Conversation – Africa – By Elleke Boehmer, Professor of World Literature in English, University of Oxford
A response to the legacy of the imperialist and mining magnate Cecil John Rhodes is being written into the fabric of the refurbished Rhodes House at the University of Oxford in the UK.
A statement “remembering and honouring the labour and suffering of those who worked to create this wealth” has been translated into the southern African language ǀxam and carved into the stone parapet of a new convention centre within the building.
Rhodes studied towards a degree in law at Oxford from 1876, taking eight years to complete it as he kept having to return to South Africa to look after his mining interests. He set up the Rhodes Scholarship in his will, so that male graduates from around the empire might benefit from an Oxford education. Women were included from 1978.
At the same time, his diamond mining enterprise rested on black land expropriation, which is why his legacy has been contested in recent years.
ǀxam is now a sleeping language, meaning that it is no longer used by any group as a mother tongue. It was spoken until the early 1900s by descendants of the Khoesan peoples and Afrikaners of the Northern Cape. It was famously recorded by the linguists Wilhelm Bleek and Lucy Lloyd at the end of the 1800s in Cape Town, where a number of ǀxam men were incarcerated at the Breakwater prison, itself a symbol of colonial conflict.
The new building at Rhodes House, ǀxam words carved at the bottom.Elleke Boehmer
Khoekhoegowab and other languages of northern South Africa, southern Namibia and Botswana, still spoken today, share complicated histories with ǀxam. The language lives on in the work of several leading South African authors, like Antjie Krog and Sylvia Vollenhoven. It’s found in the motto on the South African coat-of-arms where it reads “diverse people unite” – and now in the Oxford inscription.
We are scholars of literary and storytelling histories including those of Afrikaans and ǀxam. Rhodes House tasked us to find ways of translating the inscription into ǀxam, in consultation with speakers and teachers of related languages that are still used.
With its marked click consonants like ! and ǀ, the ǀxam inscription brings an unmistakable African presence to the heart of Oxford. The carving signifies resistance to the takeover, control and possession of other lands and people that underpinned the colonial project.
Latin meets ǀxam
Built in a monumental style by British architect Herbert Baker, Rhodes House is the home of the prestigious Rhodes Scholarships and stands as a memorial to Rhodes’ memory. Baker worked extensively in South Africa, where he designed the Union Buildings, the seat of the country’s government.
A line in Latin honouring Rhodes and acknowledging his love for Oxford runs along the top parapet of the building, at the rear. The new inscription appears in parallel lower down, but also closer to the viewer on the ground.
It can be seen as being in dialogue with the Latin writing. Latin, too, is a sleeping language.
How ǀxam came to be used
The decision to sculpt words honouring those who worked to generate Rhodes’ wealth emerges from five years of legacy and inclusion conversations held across the worldwide Rhodes Scholar community.
These rewarding but often tough exchanges were conducted in the awareness of important initiatives exploring histories of empire, like the #RhodesMustFall and #BlackLivesMatter movements.
The wording was collectively chosen. Representatives from all generations emphasised the importance of recognising that the Rhodes legacy was built on southern African people’s suffering and labour.
A statue of Cecil John Rhodes is removed from the University of Cape Town campus amid student protests dubbed #RhodesMustFall in 2015.Rodger Bosch/AFP/Getty Images
The idea arose at an early stage to use a southern African indigenous language that could not be immediately translated or decoded. As one of us, Boehmer, explains in her research, it is important that the experiences of people marginalised by history are voiced if at all possible in their own languages. That their labour is, literally, put in their own words.
In this way, we question and resist ideas of frictionless cultural exchange around the world – exchange that is always dominated by the global north through the medium of English.
The translation
Translating the text that emerged out of the conversations we had was an exercise in balancing languages, worldviews, and even translators. Although ǀxam was recorded in the late 1800s, it is no longer spoken.
Therefore, the lead translator, Staphorst, approached the new inscription as an opportunity to work with and highlight the various entanglements between the ǀxam recorded by Bleek and Lloyd, and other related languages.
After Staphorst’s preliminary translation, South African linguist Menán du Plessis provided a retranslation based on her extensive work on compiling ǀxam’s first reference grammar.
Staphorst revised and edited further in line with reflections on the links between ǀxam, on the one hand, and other southern African languages (Nǀuu, Khoekhoegowab and Afrikaans), on the other.
The new inscription moves beyond the fixation on the so-called “extinct” nature of the language, and rather embodies a point where the various histories, cultures and languages of the Cape meet each other.
Staphorst (left) meets with Ouma Katrina Esau (next to him), translators and advisors.Elleke Boehmer
We then worked together from October 2024 to develop and test the translation. This crucially included a visit to the Kalahari, a formative landscape of the Bushman peoples, and a consultation with Ouma Katrina Esau and her granddaughter, Claudia du Plessis. Both teach Nǀuu (Nǀhuki), a language related to ǀxam.
Grappling with legacy
It’s significant that the language is tied to the South African region whose history Rhodes profoundly shaped, and where he lived and died. Two stones bearing translations into English of both the Latin and the ǀxam messages will appear near to the inscriptions, so that viewers will be able to engage with the meaning and the symbolism of both.
The ǀxam inscription was carved by UK stone mason Fergus Wessel, who works in response to a longstanding English Arts and Crafts tradition. The inscription’s handcrafted aspect responds to the saying’s reference to the difficult labour of southern African peoples that produced the Rhodes wealth.
At a time when educators and activists have grappled with the legacy of imperial figures like Rhodes, the new inscription is an effort to deal in the present with the colonial past and its legacies.
– Africa’s ‘sleeping’ language, |xam, has been written in stone at Oxford university – https://theconversation.com/africas-sleeping-language-xam-has-been-written-in-stone-at-oxford-university-250691
Source: The White House
Meet the special people who will join the First Lady and President Trump at the U.S. Capitol when President Trump delivers his address to a joint session of Congress.
These men, women, and families come from all different walks of life with incredible stories about the disaster wrought by the previous administration, and the historic achievements President Trump has already enacted to usher in the Golden Age of America.
Elliston Berry from Aledo, TX: Elliston is a 15-year-old who was the victim of computer-generated deepfakes created by a bully at her school intended to humiliate and degrade Elliston and her friends.
The Comperatore Family from Sarver, PA: Helen, Allyson, and Kaylee are the widow and daughters of Corey Comperatore, a firefighter who was killed by the gunman who also shot President Trump during a campaign rally in Butler, Pennsylvania in July 2024.
Jeff Denard from Decatur, AL: Jeff has spent nearly three decades working at a steel plant owned by Nucor Steel. His good paying, middle class job at the steel plant has allowed Jeff to serve as volunteer firefighter, provide a loving home to dozens of foster children, and organize his fellow steelworkers to respond to natural disasters, including Hurricane Helene.
Stephanie Diller from Long Island, NY: Stephanie is the widow of Jonathan Diller, an NYPD officer who was murdered at a traffic stop in Queens in March 2024 by a repeat criminal who was allowed to roam the streets.
Haley Ferguson from Spring Hill, TN: Haley is a former foster child, a senior at Middle Tennessee State University majoring in Elementary Education, and a Fostering the Future scholarship recipient, which was launched by the First Lady’s organization, Be Best.
Marc and Malphine Fogel from Butler, PA: Marc is an American history teacher who was held hostage by the Russian government and wrongfully sentenced to 14 years in a Russian prison. On February 12th, President Trump fulfilled his promise to Malphine, Marc’s 95-year-old mother, that he would bring Marc home.
January Littlejohn from Tallahassee, FL: January is a mother and parents’ rights advocate who sued the School Board of Leon County after school officials at her daughter’s middle school socially transitioned her daughter to a different sexual identity without January and her husband’s knowledge or permission. The school drove a wedge between January’s daughter and her parents, and deceived January about their covert plan to transition her daughter.
Payton McNabb from Murphy, NC: Payton is a former high school athlete who had her dreams of competing in college sports crushed in a September 2022 volleyball match when a biological man playing on the opposing women’s team spiked the volleyball at Payton’s face, leaving her with a traumatic brain injury. Payton joined with the Independent Women’s Forum and has made it her mission to put an end to this brutal unfairness.
Allyson and Lauren Phillips from Woodstock, GA: Allyson and Lauren are the mother and sister of Laken Riley, a young female nursing student who was murdered by an illegal alien during a morning jog. The Biden administration apprehended and released Laken’s murderer into the country under its reckless open border policies. The very first bill President Trump signed into law this year was named in Laken’s honor.
Alexis Nungaray from Houston, TX: Alexis is an angel mom and the mother of Jocelyn Nungaray, a 12-year-old girl who was murdered by two illegal aliens during a walk to a corner store. The Biden administration apprehended and released these vicious illegal aliens into the country just weeks before Jocelyn’s murder.
Roberto Ortiz from Weslaco, TX: Roberto has served with U.S. Border Patrol for nearly a decade, and is a veteran of the U.S. Navy and California State Guard. He has been shot at repeatedly by cartel members while performing his duties near the Rio Grande River in Texas.
Source: State University of Management – Official website of the State –
The State University of Management recently hosted the final of the case championship in sports management, organized by the professional football club CSKA together with the State University of Management, bringing together talented students ready to solve real problems in the sports industry.
The case championship was held in two stages. The most active students visited the VEB Arena, where representatives of PFC CSKA conducted an excursion to places where no ordinary person has ever set foot. Our students visited the holy of holies of football players – the locker rooms, sat in the personal seats of legendary CSKA players, feeling the atmosphere of great victories and intense matches. The students were able to touch the history of the club, the excursion became an unforgettable moment, allowing them to look behind the scenes of a professional club.
The first stage of the championship ended with the completion of homework, which served as a ticket to the final.
The championship final took place within the walls of the State University of Management, where students worked on projects on topics such as volunteering at sporting events, organizing and managing fan movements in sports organizations, marketing strategies for sports clubs, and attracting young people to an active lifestyle.
During the second stage of the championship, students not only developed theoretical concepts, but also proposed solutions to improve the efficiency of management in the field of sports.
The prepared projects were evaluated, among others, by experts from the State University of Management – Associate Professor of the Department of Management in Healthcare and the Sports Industry of the Institute of Personnel Management, Social and Business Communications Tatyana Borisova, Senior Lecturer of the Department of Marketing of the Institute of Marketing Pyotr Tazov. The experts highly appreciated the students’ proposals and gave valuable advice.
We thank the participants, the jury and the organizers for this unforgettable experience. Until next time!
Subscribe to the TG channel “Our GUU” Date of publication: 03/04/2025
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
NOTE: The following is a statement from Premier Tim Houston.
Donald Trump is a short-sighted man who wields his power just for the sake of it, not having any consideration for the destructive impact of his decisions on both Canadians and Americans.
It is impossible to properly describe the uncertainty and chaos that President Trump’s threat of tariffs and now actually imposing tariffs has caused for Canadians.
And now, as President Trump proceeds with his illegal 25 per cent tariffs, Nova Scotia will respond.
We will immediately limit access to provincial procurement for American businesses. They can no longer bid on provincial business. We are also actively seeking options to cancel existing contracts and reject bids outright until President Trump removes his unlawful tariffs.
We will double the cost of tolls at the Cobequid Pass for commercial vehicles from the United States, effective immediately.
And we will direct the Nova Scotia Liquor Corp. to once again remove all alcohol from the United States from their shelves, effective today. We know this was an effective response the first time and hurt American producers who rely on Canadian markets.
We will also take any step we can to support Nova Scotians through this incredibly difficult time. As part of Budget 2025-26, we added a contingency fund to respond to U.S. tariffs. It is too early to determine exactly what specific funding is necessary, but we will communicate to Nova Scotians as we better understand the economic impacts and the federal government’s plans to support Nova Scotians.
We introduced legislation designed to break down barriers to interprovincial trade. We must be open for business in Canada. We hope all provinces and territories immediately endorse and pass corresponding legislation.
We are also working on a trade action plan to help businesses engage in global trade, increase their global competitiveness and drive investment growth and have issued a call to action to develop our valuable natural resources.
I can tell you that we worked hard to avoid a repeat of Trump’s tax. We know tariffs are bad for people and businesses on both sides of the border.
Unfortunately, some people need to touch the hot stove to learn, and while we cannot control or predict their behaviour, we can control how we respond.
I want to thank Nova Scotians who have already responded with your wallet. You’re choosing to be Nova Scotia loyal and support local and Canadian businesses. You’re choosing to travel in our beautiful province and country rather than south of the border. You’re cheering loudly and proudly for our Canadian teams and athletes.
These choices and actions are significant. It is important that we stand together, united and strong.
That’s why we will continue to work with the federal government as it designs and implements counter-tariffs.
We are a government of action, and I continue to stand with you. My focus is entirely on protecting the interest of hard-working Nova Scotians and their families – in these times of uncertainty, that is one constant you can continue to count on.
A new air cargo route linking Urumqi, capital of Xinjiang Uygur Autonomous Region in northwest China, and Islamabad, capital of Pakistan, was launched on Tuesday, announced SF Airlines.
The Urumqi-Islamabad route was the first all-cargo route launched by SF Airlines in Xinjiang to Pakistan. It will carry cross-border e-commerce goods and other products, said the air cargo carrier.
Two round-trip flights are scheduled to shuttle between Urumqi and Islamabad every week on this cargo route, providing more than 110 tonnes of air transport capacity weekly.
With the launch of the Urumqi-Islamabad route, the air cargo services of SF Airlines now reach three destinations in Pakistan, serving China-Pakistan economic and trade exchanges by enhancing logistics convenience, said SF Airlines.
Headquartered in Shenzhen, SF Airlines is China’s largest air cargo carrier in fleet size. To date, it operates 89 all-cargo freighters, according to statistics from the cargo carrier.
TOKYO, March 04, 2025 (GLOBE NEWSWIRE) — Stamen Co., Ltd. (4019.T), the developer and provider of the engagement platform TUNAG (https://biz.tunag.jp/), is pleased to announce that Wojciech JakubPodobas founder of Podobas Global Investments, who recently became a major shareholder, visited the company’s Tokyo headquarters and held a discussion with CEO Taihei Onishi. The meeting covered the background of his investment in Stamen and his expectations for the company’s future. Below is an excerpt from their discussion.
Key Discussion Points with Voytek Podobas (Wojciech Podobas) In response to a question from the CEO Taihei Onishi about what initially drew his attention to Stamen Co., Ltd. (4019.T), Voytek Podobas highlighted TUNAG, the company’s flagship product, as a key factor.
“I believe that TUNAG, which connects companies and employees while enhancing both their professional and personal lives, is highly beneficial for Japanese society,” said Podobas. “In Japan, where work plays a significant role in people’s lives, improving workplace satisfaction is a critical issue, and TUNAG directly addresses this need. Tools like TUNAG are essential for the future development of Japan’s workforce and career growth. Its positive societal impact, combined with its exceptional and sustainable revenue growth rate, positions Stamen as a strong investment opportunity.”
When asked about the quantitative criteria that guide his investment decisions, Voytek Podobas emphasized a combination of business performance and financial metrics. “In addition to evaluating a company’s product value and societal impact, I focus on two key quantitative criteria,” he explained. “First is business performance, which includes MRR/ARR growth rate, churn rate, and Total Addressable Market (TAM). Second is financial performance, where I prioritize trends in free cash flow (FCF) margin, return on capital employed (ROCE), and return on invested capital (ROIC). For a high-growth company like Stamen, prioritizing MRR and revenue growth is essential, while improving margins naturally follows as the company scales.”
Voytek Podobas further outlined the key principles that influenced his decision to invest as Podobas Global Investments in Stamen, citing TUNAG’s strong MRR growth rate (over 40% YoY) and a consistently expanding customer base, which continues to reach new record highs each month.
“Beyond its solid growth, Stamen maintains positive free cash flow and a well-defined dividend policy, making it a firm with long-term dividend growth potential,” he noted. “The ability to generate revenue while delivering meaningful social impact further reinforces my confidence in the investment.”
Discussing expectations for Stamen’s future growth and profitability, Voytek Podobas stressed the importance of maintaining a clear strategic focus.
“The key to long-term success is staying focused on core products and brand identity. Many companies struggle when they expand too aggressively into unrelated product categories after initial success, leading to stagnant growth,” he said.”For Stamen, rather than diversifying into unrelated markets, the most effective strategy is to enhance TUNAG by introducing new features, solutions, and premium add-ons. Companies that take a multi-module approach to increasing Average Revenue Per User (ARPU) often achieve sustained long-term success.”
He concluded by expressing confidence in Stamen’s management team and its growth trajectory, emphasizing that the company is well-positioned to strengthen its market presence and deliver long-term value to investors.
Comment from Stamen CEO Taihei Onishi “We are honored to welcome Wojciech Jakub Podobas as a major shareholder and appreciate his strong support for our business. His investment is a testament to the international recognition of our service, business vision, and growth potential. To meet these expectations, we will continue to strengthen our foundation while driving innovation across the entire Stamen Group to create new value.”
About TUNAG TUNAG is a platform designed to enhance employee engagement by improving internal communication, sharing information, and fostering a strong corporate culture. It helps organizations increase productivity and reduce turnover rates. Currently, over 1,000 companies and more than 1 million users utilize TUNAG to solve organizational challenges. Its extensive features support areas such as:
Corporate training, manuals, and performance tracking
HR analytics & organizational surveys
TUNAG continues to evolve, developing new features to enhance workplace satisfaction for employees across industries.
For more information, users can visit:
About Stamen Co., Ltd. (4019.T) Founded in 2016, Stamen Co., Ltd. (4019.T) operates under the mission: “Delivering inspiration and spreading happiness to as many people as possible.” The company has steadily expanded its business, leading to its public listing on the Tokyo Stock Exchange in December 2020.
Stamen specializes in HR Tech solutions, with TUNAG as its flagship platform, alongside other services aimed at enhancing corporate engagement and workplace efficiency.
Company Name: Stamen Co., Ltd. (4019.T) CEO: Taihei Onishi Employees: 105 (as of September 2024) Stock Code: 4019.T
CHICAGO, March 04, 2025 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) announced today an advancement of its partnership with Truework, a leading income and employment verification provider. The collaboration will now allow mortgage lenders more encompassing and reliable access to the verification of income and employment (VOI/E) information they need to accelerate underwriting while minimizing costs.
TruVision™ Income and Employment Verification (Powered by Truework) enables a comprehensive income and employment verification waterfall now available via the TransUnion API. This follows the recent launch of a similar TransUnion solution, also powered by Truework, for purposes of rental screening and builds upon the existing availability of the solution for auto lending.
“With mortgage originations expected to rise this year, lenders more than ever will need efficient tools and resources for streamlined income and employment verification,” said Satyan Merchant, senior vice president and mortgage business leader at TransUnion. “TruVision Income and Employment Verification provides lenders with access to these major verification methods in one single solution.”
With TruVision Income and Employment Verification, lenders have access to major verification methods — orchestrated together in a single solution with an industry-leading 75% average completion rate. This includes instant data for 48M+ active employee records, consumer-permissioned payroll which covers 90% of US employers, and automated outreach to HR departments and third-party providers.
“We are excited to provide mortgage and home equity lenders with access to this new income and employment verification solution that can save them time and money while reducing errors along the way,” said Liz Pagel, senior vice president and global head of alternative data at TransUnion. “Through the integration of Truework’s best-in-class solution, we are getting closer to our vision that through one API call, mortgage lenders can receive credit, verified income and employment, and other critical solutions like undisclosed debt monitoring, which can help streamline the underwriting process.”
Ethan Winchell, president and co-founder at Truework, added, “We are excited to power the end-to-end verification experience for TransUnion’s TruVision™ Income and Employment Verification product, and to bring speed, transparency, and high report completion to TransUnion customers. For Truework, this integration opens the doors for many new exciting markets where customers need income and employment data.”
TransUnion is conducting a phased rollout of the new solution including integrations with loan origination systems, point-of-sale systems and GSE certifications. Mortgage and home equity lenders interested in piloting the solution are encouraged to contact tu_mortgage@transunion.com or their TransUnion representative to join its early adopter program.
About Truework Truework is the leading platform that solves income and employment verification pain points for mortgage lenders. Powered by automation and machine learning, Truework removes the complexities of managing multiple verification vendors in-house by replacing traditional and manual efforts and delivering comprehensive, vetted, and accurate verification reports. With Truework’s industry-leading 75% completion rate, mortgage providers achieve cost savings of up to 50%. To learn more, visit truework.com.
About TransUnion (NYSE: TRU) TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business
MIAMI BEACH, Fla., March 04, 2025 (GLOBE NEWSWIRE) — The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Fund’s Board of Directors (“Board”) has approved a change in the Fund’s investment strategy. Subject to necessary regulatory filings and the requisite approval of the Fund’s shareholders, the Fund will modify its current investment strategy and redirect the Fund to focus on a “CLO Equity Strategy”. With this change, the Fund’s primary investment objective will change to a total return strategy with a secondary objective of generating high current income for shareholders. In accordance with that change in investment objective, the Fund will focus on investing in equity and junior debt tranches of collateralized loan obligations, or “CLOs”. CLOs are portfolios of collateralized loans consisting primarily of below investment grade U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors.
In recommending this change to the Board, Thomas J. Herzfeld, Chairman of Thomas J. Herzfeld Advisors, Inc. (the “Investment Manager”) stated, “The Fund’s shareholders should know that we have not taken this decision lightly. We launched the Fund thirty years ago with the expectation that investment opportunities would be available upon opening of U.S. trade relations with Cuba. Over that time, we have seen the geo-political situation ebb and flow and have worked extremely hard to seek opportunities in the Caribbean Basin while we waited for the long-standing stalemate in relations to break. But with the new administration in Washington and the prospects for the opening of Cuba seemingly at a low point, we feel it is time for a dramatic change that is designed to enhance value for shareholders.”
Cecilia Gondor, Chairperson of the Board of the Fund commented, “With the Fund continuing to trade at a persistent discount, we challenged the investment manager to recommend solutions for our shareholders. After a lengthy period of analysis, the advisor recommended that the Fund refocus its strategy to invest in CLOs. This allows the Fund to take advantage of its closed-end fund structure in a segment of the credit industry that has demonstrated an ability for funds to trade at premiums to net asset value. While this is a dramatic change in investment focus, we believe the change is in the best interest of shareholders.”
The Directors unanimously approved the proposed changes to the Fund’s investment strategy and will recommend that the Fund’s shareholders approve the changes. The Board approved changes to the Fund’s name to Herzfeld Credit Income Fund, Inc. and ticker symbol, and that, subject to requisite shareholder approval, certain fundamental policies be modified or eliminated. The Board also authorized changes to the Fund’s investment management agreement with the Investment Manager. Those changes implement a new fee structure.
Standard fee structures within existing funds engaged in CLO strategies are comprised of a management fee based upon assets under management and an incentive fee based upon the income earned by the funds. Under the modifications approved by the Board, the fees for the Fund will be set at a 1.25% management fee and a 10% incentive fee, subject to a hurdle rate of 9%. The prior investment management agreement between the Fund and the Investment Advisor set fees at 1.45% of assets under management. The new fee structure may be more or less than the previous fee structure depending upon the performance of the Fund and the application of the incentive fee structure.
The Fund intends to hold a special meeting of shareholders as soon as practicable to obtain requisite shareholder approvals as required by the Investment Company Act of 1940, as amended (the “1940 Act”), which requires any change to a fundamental policy and the entering into of the new investment management agreement be approved by “a majority of the outstanding voting securities” of the Fund (as defined under the 1940 Act).
Thomas J. Herzfeld Advisors, Inc. has been investing in the credit markets since its founding more than 40 years ago and currently manages approximately $950 million of assets across a number of investment strategies including CLOs, private and public credit and equity, municipal bonds, and other strategies. The Firm has been a consistent top Morningstar manager, having earned recognition as a 5 star performer in multiple categories for 40 consecutive quarters.1
Mr. Herzfeld commented further, “It is imperative to me that our long-term shareholders understand that we have not given up on the opportunities that we believe ultimately will exist in Cuba. While we think the strategy change for the Fund is absolutely necessary at this time, we continue to look forward to the day when the U.S. and Cuban governments move beyond the current stalemate. We have reserved our rights to use the CUBA ticker symbol on NASDAQ and, should circumstances warrant, we will seek to explore opportunities for investment in Cuba when that day comes. Until then, however, we believe that best use of our closed-end fund structure is in the new CLO strategy.”
Additional information about the changes to the strategy have been provided in the Fund’s Semi-Annual Report filed on Monday, March 3, 2025 with the U.S. Securities and Exchange Commission available on the Fund’s website at www.herzfeld.com/cuba and will be further included in a proxy statement (the “Proxy Statement”) that the Fund will provide in connection with its special shareholder meeting.
Additional Information about the Strategy Changes
This press release is not intended to, and does not, solicit a proxy from any shareholder of the Fund. The solicitation of proxies to effect the proposed changes will only be made by a definitive Proxy Statement.
This press release references a Proxy Statement, to be filed by the Fund. The Proxy Statement has yet to be filed with the Securities and Exchange Commission (the “SEC”). After the Proxy Statement is filed with the SEC, it may be amended or withdrawn. The Fund and its directors, officers and employees, and Herzfeld Advisors, and its shareholders, officers and employees and other persons may be deemed to be participants in the solicitation of proxies with respect to the proposed fundamental policy changes and the proposed approval of the investment advisory agreement. Investors and shareholders may obtain more detailed information regarding the direct and indirect interests of the Fund’s directors, officers and employees, and Herzfeld Advisors and its shareholders, officers and employees and other persons by reading the Proxy Statement when it is filed with the SEC. INVESTORS AND SECURITY HOLDERS OF THE FUND ARE URGED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED CHANGES. INVESTORS SHOULD CONSIDER THE INVESTMENT OBJECTIVE, RISKS, CHARGES AND EXPENSES OF THE FUND CAREFULLY. THE PROXY STATEMENT WILL CONTAIN INFORMATION WITH RESPECT TO THE INVESTMENT OBJECTIVE, RISKS, CHARGES AND EXPENSES OF THE FUND. The Proxy Statement will not constitute an offer to buy or sell securities, in any state where such offer or sale is not permitted. Security holders may obtain free copies (when it becomes available) of the Proxy Statement and other documents filed with the SEC at the SEC’s web site atwww.sec.gov. In addition, free copies (when it becomes available) of the Proxy Statement and other documents filed with the SEC may also be obtained by directing a request to the Fund at (800) 854-3863
About Thomas J. Herzfeld Advisors, Inc.
Thomas J. Herzfeld Advisors, Inc., founded in 1984, is an SEC registered investment advisor, specializing in investment analysis and account management in closed-end funds.
More information about the advisor can be found at www.herzfeld.com.
Past performance is no guarantee of future performance. An investment in the Fund is subject to certain risks, including market risk. In general, shares of closed-end funds often trade at a discount from their net asset value and at the time of sale may be trading on the exchange at a price which is more or less than the original purchase price or the net asset value. An investor should carefully consider the Fund’s investment objective, risks, charges and expenses. Please read the Fund’s disclosure documents before investing.
Forward-Looking Statements
This press release, and other statements that TJHA or the Fund may make, may contain forward looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the Fund’s or TJHA’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. TJHA and the Fund caution that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and TJHA and the Fund assume no duty to and do not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Fund, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, particularly with respect to Cuba and other Caribbean Basin countries, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Fund or in the Fund’s net asset value; (2) the relative and absolute investment performance of the Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, and regulatory, supervisory or enforcement actions of government agencies relating to the Fund or TJHA, as applicable; (8) terrorist activities, international hostilities and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or TJHA or the Fund; (9) TJHA’s and the Fund’s ability to attract and retain highly talented professionals; (10) the impact of TJHA electing to provide support to its products from time to time; (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions; and (12) the effects of an epidemic, pandemic or public health emergency, including without limitation, COVID-19. Annual and Semi-Annual Reports and other regulatory filings of the Fund with the SEC are accessible on the SEC’s website at www.sec.gov and on TJHA’s website at www.herzfeld.com/cuba, and may discuss these or other factors that affect the Fund. The information contained on TJHA’s website is not a part of this press release.
TJHA has received certain nominations or awards by third-parties as reflected herein. Investors should review the criteria for each nomination or award as reflected on the third-party’s webpage. In addition, the nominations and awards reflect past performance of the nominee or award designee and may not reflect the current performance or status of any such firm or individual and may no longer be applicable. Morningstar award content presented with permission and licensing fee. Contact us for more information on how the ratings are apportioned and for full disclosures regarding third party news and awards.
Contact: Thomas Morgan Chief Compliance Officer Thomas J. Herzfeld Advisors, Inc. 1-305-777-1660
SINGAPORE, March 04, 2025 (GLOBE NEWSWIRE) — MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, has launched a new three-click travel insurance purchase feature for its members in Singapore. This enhancement allows returning users to instantly purchase travel insurance in just three simple clicks, eliminating the need to repeatedly fill out forms and saving them over 75% of the time typically required for purchasing a travel insurance.
Frequent travelers often face the hassle of comparing multiple insurance policies before each trip. The new three-click feature simplifies this process, allowing MoneyHero Group members to easily compare travel insurance policies from leading insurers and complete their purchase in three simple clicks – select your preferred policy, review your details, and make payment.
Faster, Easier, and More Convenient Travel Insurance
This new feature simplifies the travel insurance experience by allowing MoneyHero Group members to:
• Compare real-time quotes from leading insurers
• Customize coverage to fit their travel needs
• Purchase insurance policies instantly without redirection to third-party sites
• Autofill personal details from previous purchases, skipping repetitive form-filling
• Receive immediate confirmation and policy issuance
By integrating this feature with SingSaver membership, MoneyHero provides a seamless experience, making travel insurance purchases as straightforward as booking a flight or hotel online.
Better for Customers, Stronger for Insurers
For customers, this means less hassle and faster access to coverage. For insurers, the simplified journey improves conversion rates, increasing policy sales and customer acquisition. MoneyHero has already seen up to 2x higher conversions on end-to-end insurance purchases and expects similar or better results with this new three-click feature.
Rohith Murthy, CEO of MoneyHero, said:
“Travelers today seek efficiency and convenience, and they don’t want to waste time filling out the same forms every time they travel. They want a fast, seamless way to compare and purchase insurance with minimal effort. With this launch, we’re saving our members’ time, providing a smarter and more efficient way to purchase travel insurance. Our data indicates that reducing friction leads to higher completion rates for purchases—benefiting both our customers and our insurance partners. This new feature is integral to our commitment to making MoneyHero the go-to destination for digital insurance in the region.”
Driving Growth in Digital Insurance
MoneyHero’s insurance business is experiencing significant growth, with revenues from this vertical increasing by 54% year-over-year in the first nine months of 2024. The Company expects further acceleration as it enhances seamless purchase experiences across more insurance categories.
Currently, MoneyHero’s travel insurance platform supports 11 insurers in Singapore and Hong Kong. Following the success of this new feature, the Company plans to extend three-click purchasing to additional insurance products and markets, further solidifying its position in the digital insurance landscape.
About MoneyHero Group
MoneyHero Limited (NASDAQ: MNY) is a market leader in the online personal finance and digital insurance aggregation and comparison sector in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 270 commercial partner relationships as at September 30, 2024, and had approximately 7.4 million Monthly Unique Users across its platform for the three months ended September 30, 2024. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.
Forward Looking Statements
This document includes “forward-looking statements” within the meaning of the United States federal securities laws and also contains certain financial forecasts and projections. All statements other than statements of historical fact contained in this communication, including, but not limited to, statements as to the Group’s growth strategies, future results of operations and financial position, market size, industry trends and growth opportunities, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “predicts,” “intends,” “trends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. All forward-looking statements are based upon estimates and forecasts and reflect the views, assumptions, expectations, and opinions of the Company, which are all subject to change due to various factors including, without limitation, changes in general economic conditions. Any such estimates, assumptions, expectations, forecasts, views or opinions, whether or not identified in this communication, should be regarded as indicative, preliminary and for illustrative purposes only and should not be relied upon as being necessarily indicative of future results. The forward-looking statements and financial forecasts and projections contained in this communication are subject to a number of factors, risks and uncertainties. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes in business, market, financial, political and legal conditions; the Company’s ability to attract new and retain existing customers in a cost effective manner; competitive pressures in and any disruption to the industries in which the Company and its subsidiaries (the “Group”) operates; the Group’s ability to achieve profitability despite a history of losses; and the Group’s ability to implement its growth strategies and manage its growth; the Group’s ability to meet consumer expectations; the success of the Group’s new product or service offerings; the Group’s ability to attract traffic to its websites; the Group’s internal controls; fluctuations in foreign currency exchange rates; the Group’s ability to raise capital; media coverage of the Group; the Group’s ability to obtain adequate insurance coverage; changes in the regulatory environments (such as anti-trust laws, foreign ownership restrictions and tax regimes) and general economic conditions in the countries in which the Group operates; the Group’s ability to attract and retain management and skilled employees; the impact of the COVID-19 pandemic or any other pandemic on the business of the Group; the success of the Group’s strategic investments and acquisitions, changes in the Group’s relationship with its current customers, suppliers and service providers; disruptions to the Group’s information technology systems and networks; the Group’s ability to grow and protect its brand and the Group’s reputation; the Group’s ability to protect its intellectual property; changes in regulation and other contingencies; the Group’s ability to achieve tax efficiencies of its corporate structure and intercompany arrangements; potential and future litigation that the Group may be involved in; and unanticipated losses, write-downs or write-offs, restructuring and impairment or other charges, taxes or other liabilities that may be incurred or required and technological advancements in the Group’s industry. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s annual report for the year ended December 31, 2023 on Form 20-F (File No.: 001-41838), registration statement on Form F-1 (File No.: 333-275205), and other documents to be filed by the Company from time to time with the U.S. Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. In addition, there may be additional risks that the Company currently does not know, or that the Company currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements reflect the Company’s expectations, plans, projections or forecasts of future events and view. If any of the risks materialize or the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Forward-looking statements speak only as of the date they are made. The Company anticipates that subsequent events and developments may cause their assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, except as required by law. The inclusion of any statement in this document does not constitute an admission by the Company or any other person that the events or circumstances described in such statement are material. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this document. Accordingly, undue reliance should not be placed upon the forward-looking statements. In addition, the analyses of the Company contained herein are not, and do not purport to be, appraisals of the securities, assets, or business of the Company.
Instinct Brothers Co., Ltd has entered into a definitive business combination agreement with Relativity Acquisition Corp.
The combined company, to be named Instinct Bio Technical Company Inc., will have an implied pro-form enterprise value of approximately $242 million, assuming no further redemptions by Relativity’s public stockholders prior to the closing of the business combination.
NEW YORK, NY, TOKYO, JAPAN, March 04, 2025 (GLOBE NEWSWIRE) — Instinct Brothers Co., Ltd., along with its affiliated entities—Hiroki Global Co., Ltd, Artisans Production Co., Ltd, Instinct RAS Co., Ltd (collectively, “Instinct Brothers” or the “Company”)—a vertically integrated regenerative medicine and stem cell technology company based in Japan, and Relativity Acquisition Corp. (“Relativity”), a special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the “Merger Agreement”) that will result in Instinct Brothers becoming a wholly-owned subsidiary of Relatively upon the closing of the transaction contemplated therein (the “Proposed Transaction”) in accordance with the terms and conditions in the Merger Agreement.
Upon closing the Proposed Transaction, the combined company will operate under the name Instinct Bio Technical Company Inc. (the “Combined Company”) and intends to list on the NASDAQ Stock Exchange under the ticker symbol ‘BIOT’.
A Pioneering, Vertically Integrated Platform for Regenerative Medicine
With a mission to harness the transformative power of stem cell science, Instinct Brothers has built an ecosystem that integrates stem-cell-based cosmeceuticals, research and development, university partnerships, proprietary manufacturing, industry-leading alliances, global distribution, branding, direct-to-consumer retail, medical consulting and total coordination service for franchise medical clinics, and clinical application research in regenerative medicine.
By leveraging a high-quality stem cell culture medium with over 380 cytokines and growth factors, Instinct Brothers has positioned itself in the field of stem cell-derived skincare. Through its franchise GENREVER Clinic, the Company has developed a structured model for stem cell-based regenerative therapies targeting anti-aging, immune support, regenerative treatments, and disease prevention.
Additionally, Instinct Brothers owns and operates ARTISANS PRODUCTION CO., LTD, an ISO 9001-certified manufacturing facility, allowing for seamless production of cosmeceuticals and medical-grade regenerative products. This facility enables precision manufacturing, stringent quality control, and continuous innovation, reinforcing Instinct Brothers’ commitment to excellence in stem cell technology and regenerative medicine.
The Instinct Brothers management team, led by its founder Tomoki Nagano, will continue to run the Combined Company after the closing of the Proposed Transaction.
Tomoki Nagano, Group Chairman and Chief Executive Officer of Instinct Brothers, said: “This transaction marks a transformational milestone for Instinct Brothers, positioning us to accelerate our global expansion and enhance access to cutting-edge stem cell-based therapies. Going public will allow us to scale our operations, broaden our clinical footprint, and fuel the development of new regenerative treatments that improve health and longevity. We are committed to bringing life-changing solutions to a global audience with plans to expand our clinic model into Malaysia and Indonesia, construct new clinics in Japan, and advance our Cell Processing Center joint venture.”
Tarek Tabsh, Chief Executive Officer of Relativity Acquisition Corp., commented: “Perinatal stem cells have an intrinsic capacity to repair and regenerate targeted tissues, and unique adaptability that makes them a promising frontier for regenerative medicine application potential. Instinct Brothers has built a well-integrated business that delivers scientific innovation from the bench to the bedside. Their vertically integrated platform, spanning research, manufacturing, distribution, retail, and clinical application, positions them uniquely for expansion into adjacent markets. We are excited to support their journey as they continue to deliver the next generation of regenerative medicine.”
Transaction Overview
Under the terms of the Merger Agreement, Relativity will acquire all issued and outstanding shares of Instinct Brothers, making it a wholly owned subsidiary of Relativity. As part of the Proposed Transaction, Instinct Brothers will become a publicly traded entity under the name “Instinct Bio Technical Company Inc.” The Proposed Transaction values the Combined Company at an estimated pro forma enterprise value of approximately $242 million. The Proposed Transaction is expected to close in Q3 2025, subject to approval by Relativity’s stockholders and other customary closing conditions outlined in the Merger Agreement.
Advisors
Chardan Capital Markets LLC is the exclusive M&A and Capital Markets advisor to Instinct Brothers Holdings. Darryl, Edward & Co. is a legal advisor for Instinct Brothers Holdings.
Loeb & Loeb LLP and Barnett & Linn LLP serve as legal advisors to Relativity Acquisition Corp.
About Instinct Brothers
Instinct Brothers is a vertically integrated Japanese company specializing in stem cell technology and regenerative medicine, encompassing research and development, manufacturing, distribution, retail, and clinical applications. Founded in 2017, Instinct Brothers is led by industry expert Tomoki Nagano, Group Chairman and Chief Executive Officer, an industry expert with a vision to drive innovation in regenerative medicine. The Company’s mission is to advance stem cell science, enhance patient outcomes, and pioneer the next generation of stem cell-based therapies.
About Relativity Acquisition Corp.
Relativity Acquisition Corp. is a blank check company sponsored by Relativity Acquisition Sponsor LLC, a Delaware limited liability 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.
Additional Information and Where to Find It
In connection with the Proposed Transaction, Relativity and Instinct Brothers intends to file a Registration Statement on Form F-4 (the “Form F-4”) with the United States Securities and Exchange Commission ( the “SEC”), which will include a preliminary prospectus with respect to its securities to be issued in connection with the Proposed Transaction and a preliminary proxy statement with regard to Relativity’s stockholder meeting at which Relativity’s stockholders will be asked to vote on the Proposed Transaction. Relativity’s investors, stockholders and other interested persons are advised to read, when available, the Form F-4, including the proxy statement/prospectus, any amendments thereto and any other documents filed with the SEC, because these documents will contain important information about the proposed business combination. After the Form F-4 has been filed and declared effective, Relativity will mail the definitive proxy statement/prospectus to stockholders of Relativity as of a record date to be established for voting on the business combination. Relativity stockholders will also be able to obtain a copy of such documents, without charge, by directing a request to: Relativity Acquisition Corp., 3753 Howard Hughes Parkway, Suite 200 Las Vegas, Nevada 89169; e-mail: info@relativityacquisitions.com. These documents, once available, can also be obtained, without charge, at the SEC’s website www.sec.gov.
Participants in the Solicitation
Relativity and its directors and officers may be deemed participants in soliciting proxies of Relativity’s stockholders in connection with the proposed business combination. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Relativity’s executive officers and directors in the solicitation by reading Relativity’s final prospectus filed with the SEC on February 14, 2022, the proxy statement/prospectus and other relevant materials filed with the SEC in connection with the business combination when they become available. Information concerning the interests of Relativity’s participants in the solicitation, which may, in some cases, be different from those of their stockholders generally, will be set forth in the proxy statement/prospectus relating to the business combination when it becomes available.
No Offer or Solicitation
This press release does not constitute an offer to sell or a solicitation of an offer to buy, or the solicitation of any vote or approval in any jurisdiction in connection with a proposed potential business combination among Relativity and Instinct Brothers or any related transactions, nor shall there be any sale, issuance or transfer of securities in any jurisdiction where, or to any person to whom, such offer, solicitation or sale may be unlawful. Any offering of securities or solicitation of votes regarding the proposed transaction will be made only by means of a proxy statement/prospectus that complies with applicable rules and regulations promulgated under the Securities Act of 1933, as amended (the “Securities Act”), and Securities Exchange Act of 1934, as amended, or pursuant to an exemption from the Securities Act or in a transaction not subject to the registration requirements of the Securities Act.
Forward Looking Statements
This press release may include, and oral statements made from time to time by representatives of the Company may include “forward-looking statements”. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release, are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. 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 Form F-4 and prospectus to be filed with the SEC. The Company and Relativity undertake no obligation to update these statements for revisions or changes after the date of this release except as required by law.