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CRANBURY, N.J.--(BUSINESS WIRE)--Dec 10, 2024-- Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT), a fully integrated, late-stage biotechnology company advancing a sustainable pipeline of genetic therapies for rare disorders with high unmet need, announced today that it intends to offer and sell $150 million of shares of its common stock in an underwritten public offering. In addition, Rocket intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of shares of its common stock offered in the public offering. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Morgan Stanley, Leerink Partners and Cantor are acting as joint book-running managers for the offering, and LifeSci Capital is acting as lead manager for the offering. The shares are being offered by Rocket pursuant to an effective shelf registration statement that was previously filed with the U.S. Securities and Exchange Commission (the “SEC”). The offering is being made only by means of a written prospectus and prospectus supplement that form a part of the registration statement. A preliminary prospectus supplement and the accompanying prospectus relating to and describing the terms of the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov . When available, copies of the prospectus supplement relating to the offering may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, by email at prospectus@morganstanley.com ; Leerink Partners LLC, Syndicate Department, 53 State Street, 40th Floor, Boston, MA 02109, or by telephone at (800) 808-7525 ext. 6105 or by email at syndicate@leerink.com ; or Cantor Fitzgerald & Co., Attention: Capital Markets, 110 East 59th Street, 6th Floor, New York, New York, 10022, or by email at prospectus@cantor.com . You may also obtain a copy of this document free of charge by visiting the SEC’s website at http://www.sec.gov . This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. About Rocket Pharmaceuticals, Inc. Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) is a fully integrated, late-stage biotechnology company advancing a sustainable pipeline of investigational genetic therapies designed to correct the root cause of complex and rare disorders. Rocket’s innovative multi-platform approach allows us to design the optimal gene therapy for each indication, creating potentially transformative options that enable people living with devastating rare diseases to experience long and full lives. Rocket’s lentiviral (LV) vector-based hematology portfolio consists of late-stage programs for Fanconi Anemia (FA), a difficult-to-treat genetic disease that leads to bone marrow failure (BMF) and potentially cancer, Leukocyte Adhesion Deficiency-I (LAD-I), a severe pediatric genetic disorder that causes recurrent and life-threatening infections which are frequently fatal, and Pyruvate Kinase Deficiency (PKD), a monogenic red blood cell disorder resulting in increased red cell destruction and mild to life-threatening anemia. Rocket’s adeno-associated viral (AAV) vector-based cardiovascular portfolio includes a late-stage program for Danon disease, a devastating heart failure condition resulting in thickening of the heart, an early-stage program in clinical trials for PKP2-arrhythmogenic cardiomyopathy (ACM), a life-threatening heart failure disease causing ventricular arrhythmias and sudden cardiac death, and a pre-clinical program targeting BAG3-associated dilated cardiomyopathy (DCM), a heart failure condition that causes enlarged ventricles. Rocket Cautionary Statement Regarding Forward-Looking Statements Various statements in this release concerning the timing and completion of the public offering on the anticipated terms or at all may constitute forward-looking statements for the purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, as amended, and other federal securities laws. All such forward-looking statements are based on management’s current expectations of future events and are subject to a number of substantial risks and uncertainties, many of which are outside Rocket’s control, that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include fluctuations in Rocket’s stock price, changes in market conditions and satisfaction of customary closing conditions related to the public offering, as well as those risks more fully discussed in the section entitled "Risk Factors" in the prospectus supplement and registration statement referenced above, Rocket’s Annual Report on Form 10-K for the year ended December 31, 2023, filed February 27, 2024 with the SEC and subsequent filings with the SEC including our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. There can be no assurance that Rocket will be able to complete the public offering on the anticipated terms. Accordingly, you should not place undue reliance on these forward-looking statements. All such statements speak only as of the date made, and Rocket undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law. View source version on businesswire.com : https://www.businesswire.com/news/home/20241210060247/en/ CONTACT: Media & Investors Meg Dodge mdodge@rocketpharma.comMedia Kevin Giordano media@rocketpharma.comInvestors Brooks Rahmer investors@rocketpharma.com KEYWORD: NEW JERSEY UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ONCOLOGY HEALTH GENETICS OTHER HEALTH GENERAL HEALTH PHARMACEUTICAL BIOTECHNOLOGY SOURCE: Rocket Pharmaceuticals, Inc. Copyright Business Wire 2024. PUB: 12/10/2024 04:01 PM/DISC: 12/10/2024 04:00 PM http://www.businesswire.com/news/home/20241210060247/enDrone sightings, arrests, lead Massachusetts lawmaker to refile proposed regulations
Article content PARIS — Howling winds couldn’t stop Notre Dame Cathedral ‘s heart from beating again. Recommended Videos With three resounding knocks on its doors by Paris Archbishop Laurent Ulrich, wielding a specially designed crosier carved from fire-scorched beams, the monument roared back to life Saturday evening. For the first time since a devastating blaze nearly destroyed it in 2019, the towering Gothic masterpiece reopened for worship, its rebirth marked by song, prayer, and awe beneath its soaring arches. The ceremony, initially planned to begin on the forecourt, was moved entirely inside due to unusually fierce December winds sweeping across the Ile de la Cite, flanked by the River Seine. Yet the occasion lost none of its splendor. Inside the luminous nave, choirs sang psalms, and the cathedral’s mighty organ, silent for nearly five years, thundered to life in a triumphant interplay of melodies. The restoration, a spectacular achievement in just five years for a structure that took nearly two centuries to build, is seen as a moment of triumph for French President Emmanuel Macron, who championed the ambitious timeline — and a welcome respite from his domestic political woes. The evening’s celebration, attended by 1,500 dignitaries, including President-elect Donald Trump, Britain’s Prince William, and Ukrainian President Volodymyr Zelenskyy, underscored Notre Dame’s enduring role as both a spiritual and cultural beacon. Observers see the event as Macron’s, and his intention to pivot it into a fully fledged diplomatic gathering, while highlighting France’s ability to unite on the global stage despite internal political crises. Monumental feats of restoration Inside, 42,000 square meters of stonework — an area equal to six soccer pitches — were meticulously cleaned, revealing luminous limestone and intricate carvings. Overhead, 2,000 oak beams, nicknamed “the forest,” were used to rebuild the spire and roof, restoring the cathedral’s iconic silhouette. The thunderous great organ, with 7,952 pipes ranging from pen-sized to torso-wide, resounded for the first time since the fire. Its newly renovated console, boasting five keyboards, 115 stops, and 30 foot pedals, was a marvel of restoration, reawakening a cornerstone of Notre Dame’s identity. RECOMMENDED VIDEO Guests gradually filing into the cathedral for the evening reopening ceremonies were awestruck by the renovated interiors, many whipping out cellphones to capture the moment. “It’s a sense of perfection,” said Francois Le Page of the Notre Dame Foundation, which raised nearly half of the (euro)900 million ($950 million) in donations for the restoration. He last visited in 2021, when the cathedral was cloaked in scaffolding. “It was somber,” he said. “It’s night and day.” The Rev. Andriy Morkvas, a Ukrainian pastor who leads the Volodymyr Le Grand church in Paris, reflected on his first visit to Notre Dame in over a decade. “I didn’t recognize it,” he said. “God is very powerful; He can change things.” He expressed hope that the cathedral’s revival could inspire peace in his homeland, drawing strength from the presence of Ukraine’s president. “I think that will have a big impact,” he said. “I hope Notre Dame and Mary will help us resolve this conflict.” The reopening of Notre Dame comes at a time of profound global unrest, with wars raging in Ukraine and the Middle East. For Catholics, Notre Dame’s rector said the cathedral “carries the enveloping presence of the Virgin Mary, a maternal and embracing presence.′′ “It is a magnificent symbol of unity,” Dumas said. “Notre Dame is not just a French monument_it is a magnificent sign of hope.” RECOMMENDED VIDEO The international range of dignitaries coming to Paris underline the cathedral’s significance as a symbol of shared heritage and peace. Canadian visitor Noelle Alexandria, who had traveled to Paris for the reopening, was struck by the cathedral’s ability to inspire. “She’s been nearly ruined before, but she always comes back,” Alexandria said. “Not many of us could say the same after such tragedy, but Notre Dame can.” Historical details enrich the occasion Guests entered through Notre Dame’s iconic western facade, whose arched portals adorned with biblical carvings were once a visual guide for medieval believers. Above the central Portal of the Last Judgment, the Archangel Michael is depicted weighing souls, as demons attempt to tip the scales. These stone figures, designed to inspire both awe and fear, set the stage for a ceremony steeped in history. Inside, the hum of hundreds of guests awaiting the service filled the cathedral with human sounds once more — a stark contrast to the construction din that echoed there for years. Tuners restoring the great organ often worked through the night to find the silence needed to perfect its 7,952 pipes, ranging from pen-sized to torso-wide. Notre Dame echoed to the sound of a sustained standing ovation after the showing of a short movie that documented the gargantuan rebuilding effort. Outside, the word “MERCI” — thank you — was projected against the cathedral’s iconic western facade. The movie showed the terrible wounds left by the inferno — the gaping holes torn into its vaulted ceilings and the burned roof. But that was followed by images of all types of artisans, many using traditional handicraft techniques, who collectively restored Notre Dame to look better now than ever. “We went from night to light,” said one of the workers in the movie. Macron’s political woes The celebration is expected to give a much-needed boost to embattled Macron, whose prime minister was ousted this week, plunging the nation’s politics into more turmoil. The French president, who has called Notre Dame’s reopening “a jolt of hope,” will address the gathering. He had hoped the occasion would briefly silence his critics and showcase France’s unity and resilience under his leadership. Macron’s presidency now faces its gravest crisis after the government’s collapse this week in a historic no-confidence vote that toppled Prime Minister Michel Barnier. The vote followed months of political gridlock after snap elections in June. Calls are now growing louder from opposition forces for Macron to resign. But he vowed Thursday to remain in office until the end of his term in 2027, and said he’ll name a new prime minister within days. As France struggles with economic woes and social unrest, Notre Dame’s rebirth celebrations form a stark contrast. Security is tight for this global event Security will be high through the weekend, echoing measures taken during the Paris Olympics earlier this year. The Ile de la Cite — the small island in the River Seine that is home to Notre Dame and the historic heart of Paris_ is closed to tourists and non-residents. Police vans and barriers blocked cobblestoned streets in a large perimeter around the island, while soldiers in thick body armor and sniffer dogs patrolled embankments. A special security detail is following Trump. Public viewing areas along the Seine’s southern bank will accommodate 40,000 spectators, who can follow the celebrations on large screens. For many, Notre Dame’s rebirth is not just a French achievement but a global one — after the reopening, the cathedral is set to welcome 15 million visitors annually, up from 12 million before the fire.
Fox News Flash top entertainment and celebrity headlines are here. Steve Mensch , president and manager of general operations for Tyler Perry Studios, has died. He was 62. Mensch died in a plane crash, reps for Perry confirmed with Fox News Digital. "We are incredibly saddened by the passing of our dear friend, Steve Mensch. Steve was a cherished member of our team for more than 8 years, and well beloved in the community of Atlanta," the statement read. TYLER PERRY HALTS $800M STUDIO EXPANSION DUE TO AI ADVANCEMENTS President and manager of general operations for Tyler Perry Studios Steve Mensch has died at the age of 62, reps confirmed with Fox News Digital. (Taylor Hill/FilmMagic/Getty Images) "It is hard to imagine not seeing him smiling throughout the halls. We will miss him dearly. Our heart goes out to his family as we all send them our prayers." No other fatalities have been reported during the plane crash at this time. The cause of the crash is currently under investigation. Mensch was the pilot of a single-seat plane that crashed in Florida, a source close to the studios confirmed. Mensch has been the president of Tyler Perry Studios since 2016. (Paras Griffin/Getty Images) Deputies were on scene Friday, Dec. 6 around 7:00 p.m., when a "small-engine aircraft accident" occurred near the intersection of Highway 19 and Longfellow St. in Homosassa, Florida, the Citrus Country Sheriff’s Office stated. Mensch has been the president of Tyler Perry Studios since 2016. He managed the day-to-day operations at the 300-acre studio lot in Atlanta, Georgia that is considered the first major motion picture studio on the East Coast, according to his LinkedIn profile. "Steve Mensch is considered one of the most influential people in the film and TV production industry in Georgia. He has executive experience in operations, strategic planning, budgeting, business development, and marketing at some of the biggest companies in the industry," his bio read in part. TYLER PERRY SAYS HE'S 'IGNORED' IN HOLLYWOOD, OPENS NEW STUDIO IN ATLANTA Mensch is survived by his wife and three children. The news of Mensch’s death comes after Perry halted an $800 million studio expansion due to AI advancements. Earlier this year, "Mea Culpa" director Tyler Perry had intended to add another 12 soundstages to his backlot. (Noam Galai/Getty Images for Netflix) Earlier this year, the "Mea Culpa" director had intended to add another 12 soundstages to his backlot. However, after OpenAI debuted its new tool, Sora – which can create visually complex shots of subjects and their backgrounds – it foiled Perry’s project. "All of that is currently and indefinitely on hold because of Sora and what I’m seeing," he told The Hollywood Reporter in February. "I had gotten word over the last year or so that this was coming, but I had no idea until I saw recently the demonstrations of what it’s able to do. It’s shocking to me." CLICK HERE TO SIGN UP FOR THE ENTERTAINMENT NEWSLETTER Perry opened Tyler Perry Studios in Atlanta in 2019, although the company was established in 2006. (Axelle/Bauer-Griffin/FilmMagic/Getty Images) Perry recognized the benefit of the technology lowering location and set costs at the time. He's also cognizant it might cost some people their jobs. "I immediately started thinking of everyone in the industry who would be affected by this, including actors and grip and electric and transportation and sound and editors. And looking at this, I’m thinking this will touch every corner of our industry," he explained. CLICK HERE TO GET THE FOX NEWS APP Perry opened Tyler Perry Studios in Atlanta in 2019, although the company was established in 2006. Stephanie Giang-Paunon is an Entertainment Writer for Fox News Digital. Story tips can be sent to stephanie.giang@fox.com and on Twitter: @SGiangPaunon.
Fuel leak: demand for relocation of HPCL depot gains momentumSt. Johns County Invests $21 Million in Workforce Development, Partners with Local and Federal Entities
SANTA CLARA, Calif. (AP) — Getting blown out at Green Bay following another squandered late lead the previous week against Seattle has quickly turned the San Francisco 49ers from a Super Bowl contender into a team just fighting to get back to the playoffs. If San Francisco doesn't get healthy and eliminate the errors that led to Sunday's 38-10 loss to the Packers, the focus will turn from playoff permutations to what offseason changes are necessary. “I think everyone understands completely outside and inside what the situation is,” coach Kyle Shanahan said Monday. “That’s why the Seattle game was so tough of a loss and that’s why last night was even worse. We know what we got ahead of us. We know exactly what the playoff situation is. That is what it is. But really, all that matters is this week when you do need to go on a run and put a lot of wins to even think of that.” The task doesn't get any easier as the Niners (5-6) get set to play at Buffalo on Sunday night. The 49ers are hoping to get injured stars Brock Purdy , Nick Bosa and Trent Williams back for that game, but their presence alone won't fix everything that went wrong on Sunday . The defense got repeatedly gashed early and put San Francisco in a 17-0 hole before the offense even generated a first down. The running game never got going as Christian McCaffrey has looked nothing like the 2023 Offensive Player of the Year in his three games back from Achilles tendinitis. And whenever the Niners appeared to do something right, a penalty came back to haunt them. It added up to the most lopsided loss for San Francisco since the 2018 season, before Shanahan had turned the Niners into perennial contenders. “It’s probably one of the worst ones I’ve been a part of,” linebacker Fred Warner said. “It is embarrassing. You’ve got to take it on the chin, take it like a man and move on.” Despite the doom and gloom, the 49ers are only one game behind Seattle and Arizona in the NFC West standings with six games to go. But San Francisco already has three division losses and a difficult schedule featuring games against the Bills this week and Detroit in Week 17. “My optimism is not broken by any means,” tight end George Kittle said. “We still have a lot of very talented players. We will get some guys back and I still have full trust in the coaching staff to put our guys in position to make plays. I have no worry about that. But definitely an uphill grind. We'll see what we’re made of, which I’m looking forward to.” What’s working Red-zone passes to Kittle. Backup QB Brandon Allen connected on a 3-yard TD pass to Kittle late in the second quarter for San Francisco's only TD. Kittle leads the NFL with eight touchdown catches in the red zone, which is tied with Vernon Davis (2013) for the most in a season for a Niners player since 2000. Kittle was the only consistent part of the San Francisco offense with six catches for 82 yards. What needs help Avoiding penalties. San Francisco had nine penalties for 77 yards and they were costly and sloppy. The Niners had 12 men on the field on defense on back-to-back plays, three false starts, a pass interference in the end zone and three penalties on special teams, including a holding on Eric Saubert that negated an 87-yard kickoff return by Deebo Samuel to open the second half. Rookie Dominick Puni had three penalties after being penalized just once in the first 10 games. Stock up DE Leonard Floyd. There were few positive performances on defense, but Floyd had both of the team's sacks. Stock down Run defense. San Francisco allowed 169 yards rushing, including 87 in the first quarter for the team's second-worst performance in the opening quarter since 1991. The Niners missed 19 tackles, according to Pro Football Focus, as Josh Jacobs gained 83 of his 106 yards rushing after contact. Injuries Purdy took part in a light throwing session without pain on Monday and Shanahan is hopeful he can return to practice Wednesday after missing the Green Bay game with a shoulder injury. ... Bosa (hip, oblique) and Williams (ankle) also could return this week after sitting out Sunday. ... LG Aaron Banks, DT Jordan Elliott and WR Jacob Cowing all in the concussion protocol. ... RG Dominick Puni (shoulder) and CB Deommodore Lenoir (knee) underwent MRIs on Monday and the team is waiting for results. ... CB Renardo Green (neck) and LB Demetrius Flannigan-Fowles (knee) are day to day. Key number 11 — The Niners generated only 11 first downs, tied for the fewest in any game in eight seasons under Shanahan. They also had 11 in the 2022 NFC title game loss at Philadelphia when Purdy hurt his elbow and in Week 2 against Seattle in Shanahan's first season in 2017. What’s next The 49ers visit Buffalo on Sunday night. AP NFL: https://apnews.com/hub/NFLJoey Ayala sings his classics, ‘field tests’ new songs at My Bro’s show, Nov. 23
Guido Mieth Introduction The First Citizens BancShares is a holding company that provides exposure to the First-Citizens Bank & Trust Company, a 125-year-old bank, which is today, amongst the largest 15 banks in America (by assets). Interested parties have the option of pursuing Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
They say a “word” is more than just a string of letters or sounds laced together. It is the building block of communication, a basin for thought, culture and identity. Words carry meaning, evoke emotions and create connections. They are central to everything from casual conversations to academic discourse, from literature to social media posts. Words are the pivotal means through which we express ideas, feelings and intentions. In their conventional form, words are often precise, well-constructed and capable of conveying nuance. Each word holds import, and its meaning is understood within a shared cultural and linguistic context. However, as technology is reshaping how we communicate, the way we use words has also transformed. Shortened words and acronyms, such as “omg” (oh my god), and “brb” (be right back), began as ways to save time and space in digital communication. With character limits on early text messaging platforms and the desire for quick exchanges, people found shortcuts that allowed them to express complex emotions and ideas with fewer characters. Over time, these abbreviations became a part of popular culture, spilling over into everyday speech and even formal writing. What is more is that contemporary times have introduced a new wave of such expressions. Terms like “fomo” (fear of missing out) and “yolo” (you only live once) have become banal, often used by Gen Z to convey sentiments in a catchy and epigrammatic way. Social media platforms like Twitter, Instagram and TikTok thrive on quick, amusing content and the language used within these spaces reflects that need for brevity. But beyond the internet’s influence, language in the real world has also been shortened for convenience. Think of how words like “hashtag” and “adulting” have entered the common lexicon, or how “Netflix and chill” has become a permeating phrase for casual encounters. Even in the professional realm, “ASAP” (As Soon As Possible) and “FYI” (For Your Information) are now part of everyday office conversation. The rise of short forms can be seen as a progressive development in some ways. First, they are efficient. In a world where time is usually in short supply, being able to convey a thought or sentiment in a few characters can be incredibly valuable. Shortened language allows for quick communication, which is particularly vital in fast-paced settings such as the business world, emergency situations and online discourse. Moreover, these compressed forms can make communication more accessible. They bridge generational gaps, allowing Gen Z to connect in ways that are relevant to their time. These forms also democratize language, making it easier for people from different linguistic backgrounds or literacy levels to engage with digital spaces. Despite these benefits, there are valid concerns about the impact of truncated language on the depth and richness of communication. The more frequently people use abbreviations, the less they may engage with the full complexity of language. Shortened forms, by nature, lack the subtlety and precision of fully articulated words. As people rely more on acronyms, emojis and shorthand, the vocabulary used in everyday speech and writing may shrink, limiting the ability to express complex ideas or emotions. Furthermore, in academic and professional settings, the need for precision and thorough explanation makes the use of shorthand inappropriate and potentially unprofessional. Besides, the use of reductions can marginalize those who are not familiar with contemporary slang or the specific codes of a particular group. The reliance on internet reductions or regional slang may exclude people who do not have the same cultural context or familiarity with certain terms, creating a divide between those who are “in the know” and those who are not. Perhaps, the rise of contracted words and acronyms is neither entirely good nor bad. It reflects how language evolves in response to the needs of a fast-changing world. It promotes efficiency and accessibility. But it also erodes the depth and precision that are vital for rich creative communication. The key lies in balance. Compressed language should be used prudently, reserving its place for informal communication, while warranting that creative, nuanced language remains a bedrock of formal and thoughtful discourse. The challenge moving forward is to accept the gains of linguistic innovation without sacrificing the richness that language offers as a tool for connection, expression and understanding.
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