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betze com fortune rabbit ( MENAFN - PR Newswire) SINGAPORE, Nov. 30, 2024 /PRNewswire/ -- Amber DWM Holding Limited ("Amber DWM"), the holding entity of Amber Group's digital wealth management business, known as Amber Premium ("Amber Premium"), today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with iClick Interactive Asia Group Limited ("iClick" or the "Listco") (NASDAQ: ICLK ) and Overlord Merger Sub Ltd. ("Merger Sub"), a Cayman Islands exempted company and a direct, wholly owned subsidiary of the Listco. Under the Merger Agreement, Merger Sub will merge with and into Amber DWM, with Amber DWM continuing as the surviving entity and becoming a wholly-owned subsidiary of the Listco (the "Merger"). Amber DWM's shareholders will exchange all of their issued and outstanding share capital for a mix of newly issued Class A and Class B ordinary shares of the Listco on the terms and conditions set forth therein in a transaction exempt from the registration requirements under the Securities Act of 1933. Wayne Huo, Chief Executive Officer and Director of Amber DWM , said: "We are thrilled to embark on this transformative journey with iClick. This merger represents a significant milestone, bringing together Amber Premium's expertise in digital wealth management and iClick's innovative marketing technology. Together, we aim to redefine the digital financial ecosystem, delivering unparalleled value to our clients and stakeholders. By bridging the worlds of blockchain, fintech and digital marketing, we are unlocking new opportunities to revolutionize how value is created and exchanged in the digital economy." The transaction values Amber DWM at US$360 million and the Listco at US$40 million by equity value on a fully diluted basis (assuming completion of certain restructuring as set forth in the Merger Agreement). Upon closing of the Merger (the "Closing"), the Amber DWM shareholders and the Listco shareholders (including holders of ADSs) will own approximately 90% and 10%, respectively, of the outstanding shares of the combined company, or 97% and 3% voting power, respectively. The Merger Agreement also contemplates that, upon the Closing, the Listco will change its name to "Amber International Holding Limited" and adopt the tenth amended and restated memorandum and articles of association of the Listco, in each case immediately before the effective time of the Merger (the "Effective Time"), following which the authorized share capital of the Listco shall only consist of Class A ordinary shares and Class B ordinary shares (with different voting powers but equal economic rights), a par value of US$0.001 each. Please refer to the Merger Agreement filed as Exhibit 99.2 to the Form 6-K furnished by the Listco to the SEC on November 29, 2024 for more details. The Listco's board of directors (the "Board") approved the Merger Agreement and other transaction documents, including but not limited to the voting agreement entered into by and among certain shareholders of the Listco (who holds approximately 36% of the outstanding shares representing 71% voting power of the Listco as of the date of this press release), the Listco and Amber DWM (the "Voting Agreement") (collectively, the "Transaction Documents"), and the transactions contemplated thereunder (the "Transactions"), with the assistance of its financial and legal advisors. The Board also resolved to recommend that the Listco's shareholders vote to authorize and approve the Transaction Documents and the Transactions when they are submitted for shareholder approval. In connection with the Transaction, each of the shareholders of Amber DWM immediately prior to the consummation of the Merger is entering into a lock-up agreement with the Listco pursuant to which they have agreed not to transfer the shares received in consideration of the Merger for a period of 12 months following the Merger closing. The completion of the Transactions is subject to the satisfaction of closing conditions set forth in the Merger Agreement, including, among other things, receipt of the Listco's shareholder approval and regulatory/stock exchange approvals (if applicable). The Merger Agreement provides for a long-stop date for any party to terminate the agreement if the Merger is not completed by June 30, 2025. "This merger represents a transformative opportunity to broaden our business portfolio by integrating Amber Premium's state-of-the-art digital wealth management solutions. By uniting iClick's robust data analytic and enterprise software expertise with Amber Premium's advanced digital wealth management services, we aim to unblock synergies between traditional finance and the rapidly evolving digital asset ecosystem, particularly benefitting corporate and high net worth individual clients", said Mr. Jian Tang, Chairman, Chief Executive Officer and Co-Founder of iClick . The foregoing description of the Merger Agreement and the Voting Agreement does not purport to be complete and is qualified in its entirety to the full text of the Merger Agreement and the Voting Agreement, which are filed as Exhibits 99.2 and 99.3 to the Form 6-K furnished by the Listco to the SEC on 29, 2024, respectively. Simpson Thacher & Bartlett LLP is serving as U.S. legal counsel to Amber DWM. Cleary Gottlieb Steen & Hamilton LLP is serving as U.S. legal counsel to iClick. About Amber Premium Amber Premium, the business brand behind Amber DWM Holding Limited, is a leading digital wealth management platform offering private banking-level solutions tailored for the dynamic crypto economy. Serving a premium clientele of esteemed institutions and qualified individuals, Amber Premium develops and supports innovative digital wealth management products. Its institutional-grade access and operations makes it the top choice for one-stop digital wealth management services, providing tailored, secure solutions that drive growth in the Web3 economy. About iClick Interactive Asia Group Limited Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK ) is a renowned online marketing and enterprise solutions provider in Asia. With its leading proprietary technologies, iClick's full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. For more information, please visit . Safe Harbor Statement This press release contains certain "forward-looking statements." These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the pending transactions described herein, and the parties' perspectives and expectations, are forward-looking statements. The words "will," "expect," "believe," "estimate," "intend," "plan" and similar expressions indicate forward-looking statements. Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management's current expectations and include known and unknown risks, uncertainties and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: (i) risks related to the expected timing and likelihood of completion of the proposed transaction, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived; (ii) the occurrence of any event, change or other circumstances that could give rise to the termination of the applicable transaction agreements; (iii) the risk that there may be a material adverse change with respect to the financial position, performance, operations or prospects of the Listco, Amber DWM or the combined entity; (iv) risks related to disruption of management time from ongoing business operations due to the proposed transaction; (v) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the Listco's securities; (vi) the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Amber DWM or the combined entity to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; (vii) any changes in the business or operating prospects of Amber DWM and the combined entity or their businesses; (viii) changes in applicable laws and regulations; and (ix) risks relating to Amber DWM's and the combined company's ability to enhance their services and products, execute their business strategy, expand their customer base and maintain stable relationship with their business partners. A further list and description of risks and uncertainties can be found in the proxy statement that will be filed with the SEC by the Listco in connection with the proposed transactions, and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Listco, Amber DWM and their respective subsidiaries and affiliates undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation. No Offer or Solicitation This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the transactions described above and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Amber DWM, the Listco or the combined company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom. Participants in the Solicitation The Listco, Amber DWM and their respective directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of the Listco in connection with the proposed transaction. A list of the names of such directors and executive officers and information regarding their interests in the proposed transaction will be included in the proxy statement pertaining to the proposed transaction when it becomes available for the proposed transaction. Additional Information and Where to Find It The Listco will file with the SEC and mail to its shareholders a proxy statement in connection with the proposed transaction. Investors and securityholders are urged to read the proxy statement when it becomes available because it will contain important information regarding the proposed arrangement. You may access the proxy statement (when available) and other related documents filed by the Listco with the SEC at the SEC's website at . You also may obtain the proxy statement (when it is available) and other documents filed by the Listco with the SEC relating to the proposed arrangement for free by accessing the Listco's website at i-click. SOURCE Amber Group MENAFN30112024003732001241ID1108941433 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Bread Financial Holdings Inc. stock underperforms Thursday when compared to competitorsCerity Partners LLC Buys 25,870 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)None

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Algert Global LLC purchased a new stake in The Procter & Gamble Company ( NYSE:PG – Free Report ) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 4,755 shares of the company’s stock, valued at approximately $824,000. A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Itau Unibanco Holding S.A. bought a new stake in shares of Procter & Gamble during the second quarter valued at about $28,000. Fairway Wealth LLC bought a new stake in Procter & Gamble during the 2nd quarter worth approximately $29,000. POM Investment Strategies LLC bought a new position in Procter & Gamble in the 2nd quarter valued at $34,000. Quest Partners LLC purchased a new position in shares of Procter & Gamble during the 2nd quarter valued at $36,000. Finally, Fairfield Financial Advisors LTD bought a new position in shares of Procter & Gamble in the second quarter worth $44,000. 65.77% of the stock is currently owned by institutional investors. Insider Buying and Selling In related news, CEO Jon R. Moeller sold 7,007 shares of the company’s stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $171.65, for a total value of $1,202,751.55. Following the sale, the chief executive officer now directly owns 269,172 shares of the company’s stock, valued at $46,203,373.80. This represents a 2.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Also, insider Balaji Purushothaman sold 12,800 shares of the firm’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $168.99, for a total value of $2,163,072.00. Following the transaction, the insider now directly owns 11,566 shares of the company’s stock, valued at $1,954,538.34. This represents a 52.53 % decrease in their position. The disclosure for this sale can be found here . Insiders sold 35,233 shares of company stock valued at $6,024,234 over the last quarter. 0.18% of the stock is owned by company insiders. Wall Street Analysts Forecast Growth View Our Latest Stock Report on Procter & Gamble Procter & Gamble Trading Up 0.0 % Shares of PG opened at $179.37 on Friday. The stock has a market capitalization of $422.42 billion, a P/E ratio of 30.93, a PEG ratio of 3.86 and a beta of 0.42. The Procter & Gamble Company has a twelve month low of $142.50 and a twelve month high of $180.43. The company has a quick ratio of 0.55, a current ratio of 0.75 and a debt-to-equity ratio of 0.50. The firm has a fifty day simple moving average of $170.48 and a two-hundred day simple moving average of $169.07. Procter & Gamble ( NYSE:PG – Get Free Report ) last posted its earnings results on Friday, October 18th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.03. The company had revenue of $21.74 billion for the quarter, compared to analysts’ expectations of $21.99 billion. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. Procter & Gamble’s quarterly revenue was down .6% on a year-over-year basis. During the same period last year, the firm earned $1.83 earnings per share. On average, research analysts anticipate that The Procter & Gamble Company will post 6.97 EPS for the current year. Procter & Gamble Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, October 18th were issued a dividend of $1.0065 per share. The ex-dividend date of this dividend was Friday, October 18th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.24%. Procter & Gamble’s dividend payout ratio is presently 69.31%. Procter & Gamble Profile ( Free Report ) The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, SK-II, and Native brands. Further Reading Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Procter & Gamble Company ( NYSE:PG – Free Report ). Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter .Southern California defense contractors optimistic Trump administration could create jobs locallyPatient advocates call for more support for Australian workers living with a chronic condition/s following the release of a new insights report SYDNEY , Dec. 4, 2024 /PRNewswire/ — A new report released today has found that of the one in two Australians living with a chronic health condition/s, over a third (37%) have left a job due to their condition/s. The two leading reasons individuals leave are: stress from work exacerbating their condition/s (56%); and lack of support in the workplace (44%). The new Insights Report: Working Well – Creating Workplace Cultures to Unlock the Full Capabilities of Australians Living with Chronic Health Conditions, commissioned by AbbVie, explores the experiences of Australians in the workforce living with chronic health conditions. In addition, the report analyses the broader attitudes of Australians in the workplace towards working and supporting those with chronic conditions, and where opportunities lie to improve or introduce workplace education and support measures. The report uncovered that stigma and discrimination towards those living with a chronic condition/s is still highly prevalent in Australian workplaces, with almost one in five (19%) of Australian workers with a chronic health condition admitting they left their job because they were discriminated against. Concerningly, 77% of Australian workers believe individuals living with a chronic condition/s experience discrimination and stigma at work, and fear of stigma and discrimination is the most common reason those living with a chronic condition/s do not disclose their condition/s to their employers (51%). Deidre Mackechnie , Executive Officer at the Australian Patient Advocacy Alliance (APAA), said: “The Working Well Insights Report launched today provides crucial insights into the unique experiences and challenges of Australian workers living with chronic health conditions: including why individuals may or may not choose to disclose their condition; where workers go to for advice and support; and the impact their condition/s have on career planning and progression.” “The report also highlights the key areas that Australian workers believe their employers can do more to support people with chronic conditions, such as improving flexible working hours, support to take time for medical appointments or treatments and workplace policies to support individuals. “We understand that every individual has their own unique needs based on their condition, and there is no standard workplace policy or support measure that will cater to all these needs. However, our hope is that this report can be used to start a conversation in the workplace on how employers and co-workers can better support those with chronic conditions and that these conversations will help to reduce the stigma and discrimination these individuals face,” said Ms Mackechnie. Positively, data in the report shows a clear consensus from the broader Australian workforce that it is important for people with a chronic health condition to have opportunities to stay in the workforce (85%). More than four in five (83%) want training to learn how to support better individuals living with a chronic condition at work. Nathalie McNeil , Vice President and General Manager of AbbVie Australia & New Zealand, said: “We know that the burden of chronic health conditions is continuing to rise, with data released earlier this month showing Australia spent $82 billion on chronic health conditions between 2022 and 2023. However, there has been little research into the role workplaces play to maximise workplace participation, especially for those living with chronic health conditions, to help reduce the financial, social and emotional burden.” Australia’s expenditure on managing chronic health conditions accounted for nearly half (48%) of total healthcare expenditure in 2022-23. Furthermore, from 2013–14 to 2022–23, total spending on disease and injury rose by $70.5 billion , 54% of which was driven by increase in spending for chronic conditions. “At AbbVie, we are committed to providing a welcoming environment for all our employees, including those living with chronic conditions. We are using the findings of the Working Well report to explore how we can better support those colleagues living with chronic health condition/s in order to create a more inclusive and supportive workplace for all employees. “In 2025 we aim to work with other employers and organisations to discuss how we can better support Australians living and working with a chronic condition/s,” said Ms McNeil. The full Insights Report: Working Well – Creating Workplace Cultures to Unlock the Full Capabilities of Australians Living with Chronic Health Conditions is available here . View original content: https://www.prnewswire.com/apac/news-releases/half-of-australians-live-with-chronic-health-conditions-over-a-third-forced-to-leave-their-jobs-as-a-result-302321672.html SOURCE AbbVie

Brown-Forman Corp. Cl B stock outperforms market despite losses on the day

Cenk Uygur, founder of the left-wing media outlet The Young Turks, said Friday that he is “optimistic” as President-elect Donald Trump gears up for his second term in office. Uygur, previously extremely critical of Trump, shared his realization that the Make America Great Again (MAGA) movement is not his “mortal enemy” like he once believed. He identified the political establishment as his true foe in a series of posts on social media. I’ve been trying to figure out why I’m more optimistic now than I was before the election, even though I was so against the guy who won. I know now. MAGA is not my mortal enemy (and neither is the extreme left). My mortal enemy is the establishment. And they have been defeated! — Cenk Uygur (@cenkuygur) November 29, 2024 “I’ve been trying to figure out why I’m more optimistic now than I was before the election, even though I was so against the guy who won. I know now. MAGA is not my mortal enemy (and neither is the extreme left). My mortal enemy is the establishment. And they have been defeated!” Uygur wrote on X. Uygur said Trump’s win was a result of more than “establishment candidate” Vice President Kamala Harris falling short at the ballot box, pointing to the decline of legacy media “propaganda.” “It’s not just that the establishment candidate lost, it’s that their media is mortally wounded. The source of their strength was not insipid politicians like Mitch McConnell and Joe Biden. The source of their strength was their propaganda machine — the mainstream media,” he wrote. The Young Turks founder reveled in the rise of independent journalism on social media, declaring his love for the unrestrained media ecosystem online. (RELATED: Dana White Says He’s ‘Never F*cking Doing’ Politics Again) Now, online media is strong enough that their oppressive monopoly on the American mind has been broken. Now, we’re in the jungle. They hate that! I love it! This uncontrolled marketplace of ideas is where I’m home. I’d rather be in the populist woods than an establishment prison. — Cenk Uygur (@cenkuygur) November 29, 2024 “Now, online media is strong enough that their oppressive monopoly on the American mind has been broken. Now, we’re in the jungle. They hate that! I love it! This uncontrolled marketplace of ideas is where I’m home. I’d rather be in the populist woods than an establishment prison,” Uygur wrote. Ugyur has garnered attention on X for giving Trump and his allies “ credit where credit is due ” on a variety of issues including his post-election interactions with “Morning Joe” co-hosts and Republican South Carolina Sen. Lindsey Graham. He slammed the hoax surrounding Trump’s out-of-context “ bloodbath ” comment and praised the president-elect’s heroism after being shot in Butler, Pennsylvania in July. The Young Turks founder also spoke fondly of X owner Elon Musk, a close ally of Trump, for inviting open dialogue about plans for cutting the Pentagon’s budget. “I asked @elonmusk to put me in charge of cutting the Pentagon. And he said – what are your suggestions? I run the largest left-wing network online and a Democratic leader has NEVER asked me that question. The idea that they would take advice from a populist is disdainful to them,” Ugyur wrote on Nov. 19. “You’re SO deluded.” Cenk Uygur clashes with pollster Allan Lichtman over the downfall of the Democrats. Allan: “Who taught you manners?!” 📺 https://t.co/YmVwKQEiTI @piersmorgan | @cenkuygur | @AllanLichtman pic.twitter.com/CmW4gsFZUt — Piers Morgan Uncensored (@PiersUncensored) November 19, 2024 During a recent panel discussion on “Piers Morgan Uncensored,” Ugyur delivered a fiery response to the “deluded” Allan Lichtman , who he said “deserve[s] a tall glass of shut up juice” for incorrectly predicting Harris’s victory.None