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VANCOUVER, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) — Atelier Meats Corp. (the “ “) is pleased to announce a proposed brokered private placement of special warrants of the Company (each, a “ “), to be conducted by Canaccord Genuity Corp., as the sole agent, (the “ “) on a commercially reasonable best efforts basis, pursuant to which the Company will offer at least 6,000,000 Special Warrants at a price of $0.50 per Special Warrant (the “ “) for gross proceeds of at least $3,000,000 (the “ “). Concurrently with the Brokered Offering, the Company intends to complete a non-brokered offering of Special Warrants at the Offering Price for gross proceeds of at least $1,000,000 on the same terms as the Brokered Offering (the “ “, collectively with the Brokered Offering, the “ “). Each Special Warrant will entitle the holder thereof to receive, without any further action on the part of the holder or payment of any additional consideration, one unit of the Company (each, a “ “). Each Unit shall consist of one common share in the capital of the Company (a “ “) and one Common Share purchase warrant (a “ “). Each Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of $0.60 at any time prior to the date that is 24 months from the Closing Date (as defined herein). All unexercised Special Warrants will automatically be exercised into Units on the day (the “ “) that is the earlier of (i) four (4) months and a day following Closing Date (as defined herein), and (ii) as soon as reasonably practicable, and in any event no later than the third (3rd) business day, after a receipt is issued for the Final Prospectus (as defined herein). The Company will prepare and file a preliminary prospectus and a final prospectus (the “ “) with each of the securities regulatory authorities in the provinces of Canada in which the Special Warrants are sold (the ” “) and obtain a receipt thereof, qualifying the distribution of the Units underlying the Special Warrants, in compliance with applicable securities law. In the event that the Company has not received a receipt for the Final Prospectus within 60 days following the Closing Date, each unexercised Special Warrant will thereafter entitle the holder thereof to receive upon the exercise thereof, at no additional consideration, one-and-one-tenth (1.10) Unit (instead of one Unit) (the additional Units are collectively referred to as “ “). Any fractional entitlement to Penalty Units will be rounded down to the nearest whole Penalty Unit. The Company has agreed to pay the Agent a commission equal to 7.0% of the aggregate proceeds of the Brokered Offering payable in cash or Special Warrants, or any combination of cash or Special Warrants at the sole option of the Agent (“ “), as well as a corporate finance fee of $100,000 payable in cash (“ “). In addition, subject to compliance with all required regulatory approvals, the Company will issue to the Agent such number of compensation options (each, an “ “) as is equal to 7.0% of the aggregate Special Warrants sold under the Brokered Offering, each of which will entitle the Agent to purchase one Unit at the Offering Price at any time prior to the date that is 24 months from the Closing Date. The Special Warrants will be offered for sale to purchasers in: (i) all provinces of Canada, except Quebec, pursuant to available private placement exemptions under National Instrument 45-106 ; (ii) the United States on a private placement basis pursuant to available exemptions from the registration requirements under the , as amended (“ “); and (iii) offshore jurisdictions agreed upon between the Company and the Agent pursuant to available prospectus or registration exemptions in accordance with applicable laws. Closing of the Offerings is expected to take place on such date or dates as agreed to by the Company and the Agent (the “ “), but closing of the Non-Brokered Offering may take place at a different time and/or date from that of the Brokered Offering, in the Company’s sole discretion. The net proceeds of the Offerings will be used for advancing the development of patents and products, continuing the new product research and development with the University of Rutgers for commercialization including making outstanding payments to the University of Rutgers, for expenses relate to the Offering as well as marketing and general working capital. The Offerings are intended to be undertaken in connection with the Company’s proposed direct listing of its common shares on the Canadian Securities Exchange (“ “) (the “ “). The Company is a reporting issuer in Alberta and British Columbia. The Special Warrants will be issued pursuant to a private placement and until a receipt is issued for the Final Prospectus, the Special Warrants will be subject to a hold period under applicable Canadian securities laws expiring on the date that is four months and a day following the Closing Date. It is a condition of the proposed Transaction that the Company receive all required board, shareholder, third party, and regulatory approvals, as applicable, and that the Company receives conditional approval to list its common shares on the CSE. In connection therewith, the Company has filed a listing application with the CSE, in accordance with the policies of the CSE. Upon listing, it is expected that the Company’s common shares will trade under the ticker symbol “STKK”. This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities of the Company in the United States. The securities of the Company have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Atelier Meats Corp. stands out in the cultured meat industry with its groundbreaking scaffold technology, designed to address the key challenge of scalability that has hindered many other companies. By providing a structural framework for lab-grown cells to grow into complex meat cuts, the Company’s proprietary solution enables the efficient and cost-effective production of high-quality cultured meat at scale. With two pending patents, the Company’s technology offers a competitive edge and a licensing model that could empower other companies in the industry to overcome scalability obstacles. This positions the Company as a vital player in driving the cultured meat sector toward widespread adoption and market viability. Leighton Bocking Interim Chief Executive Officer and Director Email: Website:Upgrade Your Home with These Must-Have Appliances, Discover the top picks for your kitchen and home! 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RALEIGH, N.C. (AP) — Aziaha James had 21 points, eight rebounds and five assists, Devyn Quigley scored a career-high 20 points and made four 3-pointers and NC State beat Coastal Carolina 89-68 on Thursday. NC State had its lead trimmed to 54-46 midway through the third quarter before James scored five straight points to begin a 13-2 run that ended in a 19-point lead. Quigley took over in the fourth, making three 3-pointers and scoring 15 points. Coastal Carolina missed 11 of 13 shots spanning the third-quarter break as NC State pulled away. Madison Hayes added 18 points on 7-of-10 shooting for NC State (3-2). James has scored 20-plus in three straight games. The Wolfpack shot 50% from the field, including 11 of 29 from 3-point range. Hayes made her third 3-pointer with 1:12 left in the first half to give NC State a 47-32 lead. Coastal Carolina's Savannah Brooks just beat the halftime buzzer with a basket to give her 17 points and pull within 47-36. Brooks scored 14 of Coastal Carolina’s opening 26 points and she finished the game with 25. Alancia Ramsey added 13 points for Coastal Carolina (4-1), which was picked to finish ninth in the Sun Belt Conference. The Wolfpack travel to the Bahamas to play in the Pink Flamingo Championship against Southern on Monday. Coastal Carolina battles Division II Coker on Wednesday. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP women’s college basketball: https://apnews.com/hub/ap-top-25-womens-college-basketball-poll and https://apnews.com/hub/womens-college-basketball
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Election 2024: All 174 seats confirmed as independents eye up government formationAMESBURY, Mass. , Dec. 2, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (Nasdaq:PVBC), the holding company for BankProv (the "Bank"), today announced that its Board of Directors has adopted a new stock repurchase program. Under the repurchase program, the Company may repurchase up to 883,366 shares of its common stock, or approximately five percent of the current outstanding shares. The repurchase program was adopted following the receipt of non-objection from the Federal Reserve Bank of Boston . The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. Repurchases will be made at management's discretion at prices management considers to be attractive and in the best interests of both the Company and its stockholders, subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company's financial performance. Open market purchases will be conducted in accordance with the limitations set forth in Rule 10b -18 of the Securities and Exchange Commission and other applicable legal requirements. The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate the Company to purchase any particular number of shares. About Provident Bancorp, Inc. Provident Bancorp, Inc. (NASDAQ:PVBC) is the holding company for BankProv, a full-service commercial bank headquartered in Massachusetts . With retail branches in the Seacoast Region of Northeastern Massachusetts and New Hampshire , as well as commercial banking offices in the Manchester / Concord market in Central New Hampshire , BankProv delivers a unique combination of traditional banking services and innovative financial solutions to its markets. Founded in Amesbury, Massachusetts in 1828, BankProv holds the honor of being the 10th oldest bank in the nation. The Bank insures 100% of deposits through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). For more information, visit bankprov.com . Forward-Looking Statements This news release may contain certain forward-looking statements, such as statements of the Company's or the Bank's plans, objectives, expectations, estimates and intentions. Forward-looking statements may be identified by the use of words such as, "expects," "subject," "believe," "will," "intends," "may," "will be" or "would." These statements are subject to change based on various important factors (some of which are beyond the Company's or the Bank's control), and actual results may differ materially. Accordingly, readers should not place undue reliance on any forward-looking statements (which reflect management's analysis of factors only as of the date on which they are given). These factors include: general economic conditions; interest rates; inflation; levels of unemployment; legislative, regulatory and accounting changes; monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve Bank; deposit flows; our ability to access cost-effective funding; changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio; changes in consumer spending, borrowing and savings habits; competition; our ability to successfully shift the balance sheet to that of a traditional community bank; real estate values in the market area; loan demand; the adequacy of our level and methodology for calculating our allowance for credit losses; changes in the quality of our loan and securities portfolios; the ability of our borrowers to repay their loans; our ability to retain key employees; failures or breaches of our IT systems, including cyberattacks; the failure to maintain current technologies; the ability of the Company or the Bank to effectively manage its growth; global and national war and terrorism; the impact of the COVID-19 pandemic or any other pandemic on our operations and financial results and those of our customers; and results of regulatory examinations, among other factors. The foregoing list of important factors is not exclusive. Readers should carefully review the risk factors described in other documents that the Company files from time to time with the Securities and Exchange Commission, including Annual and Quarterly Reports on Forms 10-K and 10-Q, and Current Reports on Form 8-K. Investor contact: Joseph Reilly President and Chief Executive Officer Provident Bancorp, Inc. jreilly@bankprov.com View original content to download multimedia: https://www.prnewswire.com/news-releases/provident-bancorp-inc-adopts-stock-repurchase-program-302320082.html SOURCE Provident Bancorp, Inc.SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ALTR, SASR, AUB, CYTH on Behalf of Shareholders
The TOI Entertainment Desk is a dynamic and dedicated team of journalists, working tirelessly to bring the pulse of the entertainment world straight to the readers of The Times of India. No red carpet goes unrolled, no stage goes dark - our team spans the globe, bringing you the latest scoops and insider insights from Bollywood to Hollywood, and every entertainment hotspot in between. We don't just report; we tell tales of stardom and stories untold. Whether it's the rise of a new sensation or the seasoned journey of an industry veteran, the TOI Entertainment Desk is your front-row seat to the fascinating narratives that shape the entertainment landscape. Beyond the breaking news, we present a celebration of culture. We explore the intersections of entertainment with society, politics, and everyday life. Read More Ranthambore's 10 safari zones: A guide to guaranteed tiger sightings 9 reasons to include moringa leaves in your diet on a daily basis Janhvi Kapoor gears up for a glamorous Christmas celebration 10 signs your employees are losing interest in their jobs Baby names based on adorable names of Jesus Christ 10 classics that resonate the true spirit of Christmas Christmas 2024: How to make Coffee Walnut Cake for the special feast 10 best flowers for the winter balcony garden 10 national parks in India for an unforgettable New Year adventure
Unlock the Secrets of Successful Investing! Expert Tips InsideA high-tech medical clinic operated by a telecom giant has opened in Toronto — and it's accepting up to 6,000 patients
Lil Wayne, GloRilla, Camila Cabello to perform at College Football National ChampionshipFormer Boise State coach Chris Petersen still gets asked about the Fiesta Bowl victory over Oklahoma on the first day of 2007. That game had everything. Underdog Boise State took a 28-10 lead over one of college football's blue bloods that was followed by a 25-point Sooners run capped by what could have been a back-breaking interception return for a touchdown with 1:02 left. Then the Broncos used three trick plays that remain sensations to not only force overtime but win 43-42. And then there was the marriage proposal by Boise State running back Ian Johnson — shortly after scoring the winning two-point play — to cheerleader Chrissy Popadics that was accepted on national TV. That game put Broncos football on the national map for most fans, but looking back 18 years later, Petersen sees it differently. “Everybody wants to talk about that Oklahoma Fiesta Bowl game, which is great how it all worked out and all those things,” Petersen said. “But we go back to play TCU (three years later) again on the big stage. It's not as flashy a game, but to me, that was an even better win.” Going back to the Fiesta Bowl and winning, Petersen reasoned, showed the Broncos weren't a splash soon to fade away, that there was something longer lasting and more substantive happening on the famed blue turf. The winning has continued with few interruptions. No. 8 and third-seeded Boise State is preparing for another trip to the Fiesta Bowl, this time in a playoff quarterfinal against No. 5 and sixth-seeded Penn State on New Year's Eve. That success has continued through a series of coaches, though with a lot more of a common thread than readily apparent. Dirk Koetter was hired from Oregon, where Petersen was the wide receivers coach. Not only did Koetter bring Petersen with him to Oregon, Petersen introduced him to Dan Hawkins, who also was hired for the staff. So the transition from Koetter to Hawkins to Petersen ensured at least some level of consistency. Koetter and Hawkins engineered double-digit victory seasons five times over a six-year span that led to power-conference jobs. Koetter went to Arizona State after three seasons and Hawkins to Colorado after five. Then when Petersen became the coach after the 2005 season, he led Boise State to double-digit wins his first seven seasons and made bowls all eight years. He resisted the temptation to leave for a power-conference program until Washington lured him away toward the end of the 2013 season. Then former Boise State quarterback and offensive coordinator Bryan Harsin took over and posted five double-digit victory seasons over his first six years. After going 5-2 during the COVID-shortened 2020 season, he left for Auburn. “They just needed consistency of leadership,” said Koetter, who is back as Boise State's offensive coordinator. “This program had always won at the junior-college level, the Division II level, the I-AA (now FCS) level.” But Koetter referred to “an unfortunate chain of events” that made Boise State a reclamation project when he took over in 1998. Coach Pokey Allen led Boise State to the Division I-AA national championship game in 1994, but was diagnosed with cancer two days later. He died on Dec. 30, 1996, at 53. Allen coached the final two games that season, Boise State's first in Division I-A (now FBS). Houston Nutt became the coach in 1997, went 4-7 and headed to Arkansas. Then Koetter took over. “One coach dies and the other wasn't the right fit for this program,” Koetter said. “Was a really good coach, did a lot of good things, but just wasn't a good fit for here.” But because of Boise State's success at the lower levels, Koetter said the program was set up for success. “As Boise State has risen up the conference food chain, they’ve pretty much always been at the top from a player talent standpoint,” Koetter said. “So it was fairly clear if we got things headed in the right direction and did a good job recruiting, we would be able to win within our conference for sure.” Success didn't take long. He went 6-5 in 1998 and then won 10 games each of the following two seasons. Hawkins built on that winning and Petersen took it to another level. But there is one season, really one game, no really one half that still bugs Petersen. He thought his best team was in 2010, one that entered that late-November game at Nevada ranked No. 3 and had a legitimate chance to play for the national championship. The Colin Kaepernick-led Wolf Pack won 34-31. “I think the best team that I might've been a part of as the head coach was the team that lost one game to Nevada,” Petersen said. "That team, to me, played one poor half of football on offense the entire season. We were winning by a bunch at half (24-7) and we came out and did nothing on offense in the second half and still had a chance to win. “That team would've done some damage.” There aren't any what-ifs with this season's Boise State team. The Broncos are in the field of the first 12-team playoff, representing the Group of Five as its highest-ranked conference champion. That got Boise State a bye into the quarterfinals. Spencer Danielson has restored the championship-level play after taking over as the interim coach late last season during a rare downturn that led to Andy Avalos' dismissal . Danielson received the job full time after leading Boise State to the Mountain West championship . Now the Broncos are 12-1 with their only defeat to top-ranked and No. 1 seed Oregon on a last-second field goal . Running back Ashton Jeanty also was the runner-up to the Heisman Trophy . “Boise State has been built on the backs of years and years of success way before I got here,” Danielson said. "So even this season is not because of me. It’s because the group of young men wanted to leave a legacy, be different. We haven’t been to the Fiesta Bowl in a decade. They said in January, ‘We’re going to get that done.’ They went to work.” As was the case with Danielson, Petersen and Koetter said attracting top talent is the primary reason Boise State has succeeded all these years. Winning, obviously, is the driving force, and with more entry points to the playoffs, the Broncos could make opportunities to keep returning to the postseason a selling point. But there's also something about the blue carpet. Petersen said he didn't get what it was about when he arrived as an assistant coach, and there was some talk about replacing it with more conventional green grass. A poll in the Idaho Statesman was completely against that idea, and Petersen has come to appreciate what that field means to the program. “It's a cumulative period of time where young kids see big-time games when they're in seventh and eighth and ninth and 10th grade and go, ‘Oh, I know that blue turf. I want to go there,’” Petersen said. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
Penn State preparing for hard-charging Jeanty and Boise State in CFP quarterfinals
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NEW YORK (AP) — There's no place like home for the holidays. And that may not necessarily be a good thing. In the wake of the very contentious and divisive 2024 presidential election, the upcoming celebration of Thanksgiving and the ramp-up of the winter holiday season could be a boon for some — a respite from the events of the larger world in the gathering of family and loved ones. Hours and even days spent with people who have played the largest roles in our lives. Another chapter in a lifetime of memories.So You're Gathering With Relatives Whose Politics Are Different. Here Are Some Tips for the Holidays
FREMONT, Calif. , Dec. 2, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX). Today, the U.S. government announced additional measures to further restrict semiconductor technology exports to China . Our initial assessment is that the effect of the announced measures on Lam's business will be broadly consistent with our prior expectations. As a result, at this time we have no plans to update Lam's financial guidance for the December 2024 quarter as stated in our earnings press release on October 23, 2024 . About Lam Research Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam's equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research (Nasdaq: LRCX) is a FORTUNE 500® company headquartered in Fremont, Calif. , with operations around the globe. Learn more at www.lamresearch.com . (LRCX) Caution Regarding Forward-Looking Statements: Statements made in this press release that are not of historical fact are forward-looking statements and are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to but are not limited to the effect of U.S. government restrictions on semiconductor technology exports to China , the effect of such measures on Lam's business, and our outlook and guidance for future financial results. Some factors that may affect these forward-looking statements include: trade regulations, export controls, trade disputes, and other geopolitical tensions may inhibit our ability to sell our products; our understanding of newly announced trade restrictions and their impact on our business may change over time; business, political and/or regulatory conditions in the consumer electronics industry, the semiconductor industry and the overall economy may deteriorate or change; the actions of our customers and competitors may be inconsistent with our expectations; supply chain cost increases and other inflationary pressures have impacted and may continue to impact our profitability; supply chain disruptions or manufacturing capacity constraints may limit our ability to manufacture and sell our products; and natural and human-caused disasters, disease outbreaks, war, terrorism, political or governmental unrest or instability, or other events beyond our control may impact our operations and revenue in affected areas; as well as the other risks and uncertainties that are described in the documents filed or furnished by us with the Securities and Exchange Commission, including specifically the Risk Factors described in our annual report on Form 10-K for the fiscal year ended June 30, 2024 and quarterly report on Form 10-Q for the quarter ended September 29, 2024 . These uncertainties and changes could materially affect the forward-looking statements and cause actual results to vary from expectations in a material way. The Company undertakes no obligation to update the information or statements made in this press release. Company Contacts: Ram Ganesh Investor Relations (510) 572-1615 Email: investor.relations@lamresearch.com Source: Lam Research Corporation### View original content to download multimedia: https://www.prnewswire.com/news-releases/lam-research-corporation-comments-on-newly-announced-export-regulations-302320046.html SOURCE Lam Research Corporation Best trending stories from the week. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. You may occasionally receive promotions exclusive discounted subscription offers from the Roswell Daily Record. Feel free to cancel any time via the unsubscribe link in the newsletter you received. You can also control your newsletter options via your user dashboard by signing in.
