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Newsfile News Releases

Jul 02, 2024 03:15 ET
HEALWELL AI Announces Successful Closing of Two Strategic Acquisitions: VeroSource Solutions and BioPharma Services
Toronto, Ontario--(Newsfile Corp. - July 2, 2024) - HEALWELL AI Inc. (TSX: AIDX) (OTCQX: HWAIF) ("HEALWELL" or the "Company"), a healthcare technology company focused on AI and data science for preventative care, is pleased to announce the successful completion of its acquisitions of VeroSource Solutions Inc. ("VeroSource"), a healthcare technology software company providing both products and consulting services, and BioPharma Services Inc. ("BioPharma"), a leading full service CRO specializing in early clinical trials. HEALWELL's pro-forma annualized revenue run-rate is now expected to be greater than $65 million per year. The total consideration paid for VeroSource is $19.6 million in addition to a four year earn-out of up to $4.9 million. The total consideration paid for BioPharma is $12.5 million in addition to a three year earn-out of up to $2.5 million.
Jul 02, 2024 03:05 ET
East Africa Partner Tibet Huayu Initiates the Procurement Process for Mining Equipment at the Mato Bula and Da Tambuk Mine Development Projects, Tigray Regional State, Ethiopia
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - East Africa Metals (TSXV: EAM) ("East Africa Metals" or the "Company") is pleased to announce that the Company's development partner Tibet Huayu Mining Co Ltd. ("Tibet Huayu") has initiated the procurement process for heavy equipment required for the construction of the Adyabo Project's Mato Bula and Da Tambuk mines, located in the Tigray Regional State of Ethiopia.
Jul 02, 2024 02:46 ET
APFC Coin (APFC) Is Now Available for Trading on LBank Exchange
Road Town, British Virgin Islands--(Newsfile Corp. - July 2, 2024) - In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of APFC Coin (APFC) on June 27, 2024. Users of LBank Exchange can brace themselves for the APFC/USDT trading pair, which went live already.
Jul 01, 2024 21:26 ET
DiscoverMyBusiness Relaunches Fractional CMO Service Focus in Q3
New York, New York--(Newsfile Corp. - July 1, 2024) - DiscoverMyBusiness, a digital marketing company founded by Yauheni Chvanau, specializes in pay-per-click advertising, conversion rate optimization, media buying, and managing entire marketing departments. In the past few months, the company has recently announced its relaunch in service focus for 2024. Their Fractional CMO Services have taken center stage due to high demand. Having accumulated over 200 working case studies across 17 business segments, the company, with 25 active team members, is poised to meet the growing demand for specialized marketing and sales operations services to clients of all sizes in 2024.
Jul 01, 2024 17:15 ET
NuGen Announces Completion of InsuJet(TM) Training with Sol-Millennium(TM) Brazil
Toronto, Ontario--(Newsfile Corp. - July 1, 2024) - NuGen Medical Devices Inc. (TSXV: NGMD) (the "Company" or "NuGen") a leading developer of needle-free devices to administer therapeutics subcutaneously, is pleased to announce that as of June 26, 2024, the commercial teams of Sol-MillenniumTM Medical Inc. ("Sol-MTM") in Brazil have successfully completed the sales and in-depth clinical training required for InsuJetTM's launch in the Brazilian market. This is the next step in the rollout plan for Sol-MTM as a key InsuJetTM distributor, building on NuGen's June 21, 2024, announcement of Sol-MTM purchase orders placed for customer demand in Canada and Europe.
Jul 01, 2024 16:45 ET
SEC Charges Silvergate Capital, Former CEO for Misleading Investors about Compliance Program
Former Chief Risk Officer and former CFO also charged for misleading investors
Jul 01, 2024 16:41 ET
SEC Adopts Tailored Registration Form for Offerings of Registered Index-Linked and Registered Market-Value Adjustment Annuities
Washington, D.C.--(Newsfile Corp. - July 1, 2024) - The Securities and Exchange Commission today adopted tailored disclosure requirements and offering processes for offerings of registered index-linked annuities (RILAs) and registered market value adjustment annuities (registered MVA annuities, and collectively with RILAs, non-variable annuities). The final rule will require issuers of non-variable annuities to register offerings on Form N-4, the form currently used to register offerings of most variable annuities. This change will provide investors with tailored disclosures and key information about these complex products and modernize and enhance the registration, filing, and disclosure framework for non-variable annuities.“The market for these complex products has grown significantly in recent years. Sales of RILAs reached approximately $47.4 billion in 2023 alone, more than quintupling since 2017,” said SEC Chair Gary Gensler. “It is important that investors receive the information they need – in plain English – to make informed investment decisions. These amendments will improve the disclosure process for these complex products to benefit investors.”Non-variable annuities are annuity contracts offered by insurance companies and sold to retail investors. With RILAs, investor returns are based in part on the performance of an index or other benchmark over a set timeframe, subject to limits on potential losses and gains. Registered MVA annuity returns are based on a fixed and stated minimum rate of interest over a set timeframe. Both products typically impose certain charges and penalties for early withdrawals.The final amendments build on the Commission’s existing registration, filing, and disclosure framework for variable annuities to provide a tailored approach for non-variable annuities. These amendments are designed to provide investors with a better understanding of these products. They also will provide efficiencies for insurance company issuers that offer both variable and non-variable annuities as well as for the Commission in reviewing those filings.The approach to disclosure is informed by investor testing conducted in connection with the proposal. Under the amendments, non-variable annuities will be permitted to use a summary prospectus framework that highlights key information for investors while making additional information available for investors who want it. The Commission also is extending to non-variable annuity advertisements and sales literature a current Commission rule (Rule 156) that provides guidance as to when sales literature is materially misleading under the federal securities laws.In addition, the Commission is adopting amendments to Form N-4 that apply to offerings of variable annuities that are informed by the Commission staff’s historical experience in administering these forms as well as relevant investor
Jul 01, 2024 16:39 ET
SEC, MSRB, FINRA to Hold Hybrid Compliance Outreach Program
Washington, D.C.--(Newsfile Corp. - July 1, 2024) - The Securities and Exchange Commission, Municipal Securities Rulemaking Board (MSRB), and Financial Industry Regulatory Authority (FINRA) today announced the opening of registration for both in-person and virtual attendance of their Compliance Outreach Program for municipal market professionals. The event is open to the public and will take place on Wednesday, Nov. 20, and Thursday, Nov. 21, 2024, at the Byron Rogers Federal Building in Denver, Colorado.The program will provide municipal market participants an opportunity to hear from SEC, MSRB, and FINRA staff on timely regulatory and compliance matters for municipal advisors and dealers. Panel topics will include compliance pain points for municipal advisors and broker-dealers, exam and enforcement priorities, a regulatory outlook, net capital requirements, federal fiduciary duty, post-trade monitoring, and other municipal market hot topics.“The SEC looks forward to co-hosting this meaningful Compliance Outreach Program for municipal market participants,” said SEC Director of the Office of Municipal Securities, Dave Sanchez. “These panel discussions address important regulatory and guidance information—much of which includes novel ideas and perspective—that municipal market participants will find valuable both in their roles and as industry leaders.”“We are pleased to continue coordinating with the SEC and FINRA to continue an open dialogue with municipal advisors and dealers to address their top concerns and interests,” said MSRB Chief Regulatory and Policy Officer Ernesto Lanza. “This year’s program devotes time to both municipal advisors and dealers in the form of breakout sessions that will address unique issues and needs for all types of municipal market professionals, including small firms.”“The Compliance Outreach Program is a great opportunity to engage in dialogue that fosters effective regulation, improves compliance, and strengthens everyone’s understanding of the industry,” said Michael Solomon, Executive Vice President, Examinations and Membership Application Program at FINRA. “We are pleased to partner with the SEC and MSRB to offer a forum where municipal market participants not only hear from their regulators but also work with them.”Registration is being administered by FINRA and is now open. The program is free and open to the public. For those unable to attend in-person or via the livestream, a recording will be archived on the SEC's webpage following the event.To submit questions and topics of interest in advance of the event, please email: [email protected].
Jul 01, 2024 14:12 ET
MailOrder420 Unveils New Report Highlighting Its Successful Online Dispensary in the USA
MailOrder420 has released a new report highlighting its success as the leading online dispensary in the USA. With a 100% annual growth rate, nationwide shipping, and strategic positioning in the rapidly legalizing cannabis market, MailOrder420 is setting industry standards for quality and customer satisfaction.
Jul 01, 2024 13:58 ET
KAI KEN Listed on Poloniex, Soon to be Listed on Ascendex
Amsterdam, Netherlands--(Newsfile Corp. - July 1, 2024) - The cryptocurrency KAI KEN has recently been listed on Poloniex, a leading digital asset exchange known for its comprehensive trading platform and broad range of supported cryptocurrencies. This development marks a significant milestone for KAI KEN, providing it with enhanced visibility and accessibility within the cryptocurrency market.
Jul 01, 2024 13:38 ET
Dr. Henry Cabrera Announces New Member Events Program at Lavender Waves Farm
Members Can Host Weddings, Family Reunions, Birthdays, and More in This Enchanting Setting
Jul 01, 2024 12:42 ET
College of Dupage Welcomes Dr. Christine M. Hammond as Interim President
Glen Ellyn, Illinois--(Newsfile Corp. - July 1, 2024) - When Dr. Christine M. Hammond begins at College of DuPage on July 1, she will be fully invested in the College community from the moment she sets foot on campus.
Jul 01, 2024 11:26 ET
LinkVector Reveals New E-Book, Google Patents Revealed: Surprising Secrets Of Internal Linking That Lead to Top Rankings
LinkVector, a precise internal linking tool, offers a deep dive into Google's Patented SEO Technologies through a groundbreaking resource, now complimentary during the pre-launch.
Jul 01, 2024 09:20 ET
Citizens, Inc. President Jon Stenberg Appointed Chief Executive Officer
Austin, Texas--(Newsfile Corp. - July 1, 2024) - Citizens, Inc. (NYSE: CIA), a leading diversified financial services company specializing in life, living benefits, and final expense insurance, today announces the planned transition of the Chief Executive Officer role. Jon Stenberg, who currently serves as Citizens' President, is appointed to the additional role of Chief Executive Officer effective July 1, 2024. Gerald W. Shields, who has served as CEO and Vice Chairman since 2020, will continue as Vice Chairman of the Company's Board of Directors.
Jul 01, 2024 09:00 ET
Lawrence Eta, Renowned Tech Leader, Releases 'Bridging Worlds': A Compelling Narrative of Innovation and Service
Summary: Lawrence Eta has recently released his book "Bridging Worlds" which highlights the profound impact of technology on societal progress.
Jul 01, 2024 09:00 ET
ThreatModeler Unveils Version 7.2 with Enhanced AI-Driven Threat Modeling and Cloud Security Features
Jersey City, New Jersey--(Newsfile Corp. - July 1, 2024) -  ThreatModeler, a leader in automated threat modeling and securing cloud infrastructure from design to code to cloud, announces the release of version 7.2, an update enriching its robust suite of cybersecurity tools. This release deepens its functionality across several key areas to streamline threat modeling processes and enhance cloud security management.
Jul 01, 2024 08:30 ET
Saprea Provides Healing Resources for Child Sexual Abuse Survivors in the Hispanic Community
Saprea offers interactive and educational online webinars in Spanish, designed to help adult female survivors in the Hispanic community heal from home.
Jul 01, 2024 08:15 ET
Dominica Implements New Regulations to Shore up Programme's Integrity
Roseau, Commonwealth of Dominica--(Newsfile Corp. - July 1, 2024) - New regulations set forward by Dominica, consistent with the Memorandum of Agreement (MOA) demonstrate the country's strong commitment to the integrity of the Citizenship by Investment Programme. In collaboration with international partners, Dominica is at the forefront of maintaining the highest standards of due diligence.