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Alarming Surge: US Records Over 600 Mass Shootings in 2023

MarketJar

Just when you thought the gun violence in the US couldn’t get any worse, the nation is on track to hit a new record in mass shootings. So far in 2023, America has witnessed 618 mass shootings, signaling a troubling trend. 1 The data suggests a pace toward 700 mass shootings for the year, raising concerns about the ongoing surge in both shootings and fatalities. Tragically, the number of deaths resulting from gun violence remains at multi-year highs. In 2023 alone, more than 17,000 lives have been lost, compared to 20,200 in 2022, 21,009 in 2021, and 19,558 in 2020. Just a few weeks ago, the US witnessed its deadliest mass shooting of the year. On October 25, a devastating incident in Lewiston, Maine, claimed the lives of 18 people, with 13 others sustaining injuries. The perpetrator, identified as 40-year-old Army Reservist Robert Card, was found dead from a self-inflicted gunshot wound after a two-day manhunt by law enforcement. In response to the escalation in mass shootings, cities across the US are taking comprehensive measures to address gun violence and enhance public safety. While metal detectors are becoming a new norm in public places and school premises, the advent of ghost guns is making such preventative measures less effective. Meanwhile, advanced public safety technology company Knightscope, Inc. (NASDAQ:KSCP) is looking to help combat rising gun violence with a hyper-targeted approach. The Solution: Automated Gunshot Detection Knightscope, a leading developer of autonomous security robots (ASRs) and blue light emergency communication systems, just commenced sales of its real-time, automated gunshot detection (AGD) systems for both indoor and outdoor use. The system offers flexible installation options, including optional solar power or light pole kits and can be added to new or existing K1 Blue Light Towers. Knightscope 's decision to introduce this solution responds directly to requests from schools, corporations, airports, hotels, and municipalities considering the adoption of gunshot detection systems as part of their active threat and emergency response strategies. The AGD system is notable for its precision in locating gunshots, identifying both the horizontal and vertical positions. This feature is critical in rapidly directing police and security response to active shooter incidents, potentially saving lives and improving emergency response efficiency. Knightscope ’s initiative reflects a growing trend in security technology – focusing on rapid, accurate detection to improve public safety outcomes. Beyond just detection, Knightscope' s AGD system aims to reduce the prevalence of false alarms and work in tandem with other security measures. Upon detecting a gunshot, it sends notifications within two seconds, assuming adequate cellular connectivity. This approach by Knightscope represents a shift towards more localized, immediate response strategies in contrast to wider, city-wide systems, emphasizing the need for targeted and effective security solutions in contemporary public spaces. The company advocates for this on-site, focused approach as more effective than broader, city-wide systems. This innovation reflects Knightscope' s commitment to enhancing security measures in places where people live, work, study, and visit. For those interested in learning more about Knightscope's innovations and ongoing projects, additional information can be found by visiting the website of Knightscope, Inc. (NASDAQ:KSCP). Footnotes: [1] https://www.gunviolencearchive.org/ Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Knightscope, Inc. Market Jar Media Inc. has or expects to receive from Knightscope, Inc.’s Digital Marketing Agency of Record (Native Ads Inc.) two hundred and sixty-six thousand USD for 89 days (63 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Knightscope, Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Knightscope, Inc.’s industry; (b) market opportunity; (c) Knightscope, Inc.’s business plans and strategies; (d) services that Knightscope, Inc. intends to offer; (e) Knightscope, Inc.’s milestone projections and targets; (f) Knightscope, Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Knightscope, Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Knightscope, Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Knightscope, Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Knightscope, Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Knightscope, Inc.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Knightscope, Inc.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Knightscope, Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Knightscope, Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Knightscope, Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Knightscope, Inc.’s business operations (e) Knightscope, Inc. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Knightscope, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Knightscope, Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Knightscope, Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Knightscope, Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Knightscope, Inc. or such entities and are not necessarily indicative of future performance of Knightscope, Inc. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

November 29, 2023 10:40 AM Eastern Standard Time

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FRX Completes Third Standstill Agreement with Key Strategic Supply Partner

FRX Innovations Inc

Boston, MA – TheNewswire - November 29, 2023 – FRX Innovations, Inc. (TSXV:FRXI) (FSE:W2A) (OTC:FRXI) (“FRX” or the “Company”), a pioneer in eco-friendly flame-retardant solutions, is pleased to announce the successful execution of a third standstill agreement with one of its key supplier partners, creating an important catalyst in support of the Company's ongoing strategic options process.   This agreement, which was executed on Nov 27, 2023, establishes the terms for the resolution of current trade arrangements between the two companies and more specifically provides favorable payment terms to FRX, meaningfully enhancing the Company's ability to proceed, unfettered, in its strategic journey.   The agreement specifies mutually agreed structured payments, by FRX, and assigns a priority of payments in the event of a potential transaction supported by the company’s shareholders and Board of Directors.     "FRX is committed to all its stakeholders and will continue its supply arrangements, ensuring the uninterrupted delivery of key products vital to FRX's operations.” Said Marc Lebel, CEO of FRX.  “Finalizing this standstill agreement paves the way for us to explore and execute our strategic options, ensuring the best possible outcomes for our shareholders, creditors, partners, customers and employees."   FRX remains steadfast in its strategic options process, with the goal of maximizing shareholder value and positioning the company for long-term success. Further updates on the strategic options process will be provided as they become available.   For more information about FRX and its strategic initiatives, please visit www.frx-innovations.com.   Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.   About FRX Innovations (www.frx-innovations.com) FRX Innovations is a global manufacturing company, producing a family of sustainable flame retardant products that serve several large markets spanning textiles, electronics, automotive, electric vehicles (EV), and medical devices. FRX is led by a team of highly experienced business and technical professionals and is positioned to be a leader in the rapidly changing flame-retardant plastics and additives market in response to new legislation prohibiting Brominated and Perfluoro flame retardants found in a wide range of electronics and electrical products and restricting the use of melamine flame retardant chemicals found in furniture and mattress foam products.   NOFIA® is a registered trademark of FRX. NOFIA® products are manufactured at its manufacturing facility on the Port of Antwerp in Belgium, one of the world's largest chemical producing clusters. NOFIA Polyphosphonates are produced using sustainable green chemistry principles such as a solvent-free production process, no waste by-products, and near 100% atom efficiency, and are halogen, PFAS and melamine free. FRX's portfolio includes an extensive patent estate. FRX has been at the forefront of the ESG movement to a greener future. The company has been the recipient of numerous awards, including the EPA's Environmental Merit Award, the Belgium Business Award for the Environment, and the Flanders Investment of the Year Award. FRX has also been recognized six times on the Global Cleantech 100 list.   Cautionary Note Regarding Forward-Looking Statements and Reader Advisory Certain statements contained in this news release, including, but not limited to, statements with respect to the Offering, the completion of the Offering, the size, amount and type of securities issued under the Offering, participation in the Offering by related parties and the amount of such participation, among other things, and statements which may contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions, and statements related to matters which are not historical facts, may constitute forward-looking information within the meaning of applicable securities laws. Such forward-looking statements, which reflect management’s expectations regarding the Company’s future growth, results of operations, performance, business prospects and opportunities, are based on certain factors and assumptions and involve known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking statements.   These factors should be considered carefully, and readers should not place undue reliance on the Company’s forward- looking statements. The Company believes that the expectations reflected in the forward-looking statements contained in this news release and the documents incorporated by reference herein are reasonable based on information available to it, but no assurance can be given that these expectations will prove to be correct.   Contact Information:     FRX Innovations  Mark Lotz   CFO     +1 604-880-6546 mlotz@frxpolymers.com Mike Goode CCO +1 765-838-9018 mgoode@frxpolymers.com FRX Innovations Investor Relations and Media Inquiries Investor Relations  Carl Desjardins +1 514-818-0447  Jean-Francois Meilleur +1 514-951-2730   Erik Danielson +41 76 335 4402       Diane Wilson   +1 978-505-1275     ir@frx-innovations.com Media Inquiries        Joseph Grande     +1 413-684-2463 joe@jgrandecommunications.com   #PFAS, #PFASfree, #ForeverChemical, #SustainableFR #ESG

November 29, 2023 10:20 AM Eastern Standard Time

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Cuartos de final LIGA MX: fechas, horarios y donde apostar en los partidos de liguilla

Acroud Media

Los cuartos de final del Clausura 2023 de la Liga MX marcarán el emocionante inicio de la fase final de la competencia donde 8 destacados equipos competirán arduamente por el codiciado campeonato. A medida que el torneo está en su etapa final, la intensidad aumenta con la llegada de los cuartos de final. Los ocho equipos que avanzaron, basándose en sus posiciones de clasificación, ahora se enfrentarán en una lucha feroz por el título. Mientras tanto, los equipos ubicados del quinto al duodécimo lugar se embarcaron en la ronda de recalificación en busca de una oportunidad adicional. ¡No te pierdas ni un segundo de la acción! ¿Cuáles son los partidos de cuartos de final de la Liga MX? Con 40 puntos, el América lidera la competición y se enfrentará al León en las semifinales, mientras que el Atlético San Luis se medirá al Monterrey. El sorprendente Puebla, dirigido por Eduardo Arce, se enfrentará a Tigres en las semifinales, y los cuartos de final también incluirán el emocionante enfrentamiento entre Pumas y Chivas de Guadalajara. Entre los partidos de cuartos de final de la Liga MX son los siguientes: América - León Monterrey - Atlético San Luis Tigres - Puebla Pumas - Chivas Fechas y horarios de los partidos de ida en cuartos de final de la Liga MX 2023 Aquí tienes un resumen del calendario de los partidos de ida de cuartos de final: Equipos a enfrentarse de ida América vs León: Estadio Nou Camp, hora de juego 29 de noviembre 2023 a las 19:06 Monterrey vs Atlético San Luis: Estadio Alfonso Lastras, 29 de noviembre 2023 a las 21:10 Tigres vs Puebla: Estadio Cuauhtémoc, 30 de noviembre 2023 a las 19:00. Pumas vs Chivas: Estado Akron, 30 de noviembre 2023 a las 21:05 Fechas y horarios de los partidos de vuelta en cuartos de final de la Liga MX 2023 A continuación un detalle de los partidos de vuelta que se jugarán en los cuartos de final de la Liga MX 2023: Equipos a enfrentarse de vuelta América vs León: Estadio Azteca, 02 de diciembre de 2023 a las 19:00 Monterrey vs Atlético San Luis: Estadio BBVA, 02 de diciembre de 2023 a las 21:10 Tigres vs Puebla: Estadio Universitario, 02 de diciembre de 2023 a las 20:20 Pumas vs Chivas: Estadio Olímpico Universitario, 03 de diciembre de 2023 a las 18:00 ¿Dónde puedo ver los partidos de ida y vuelta de los cuartos de final del Apertura 2023? Primero que nada, asegúrate de sintonizar tus canales favoritos o utilizar los servicios de streaming correspondientes para no perderte ninguna acción de estos emocionantes encuentros. A continuación te dejamos la información sobre dónde podrás ver los emocionantes partidos de los cuartos de final de la Liga MX: Puebla vs Tigres: México, por medio del Canal 7 de TV Azteca, TUDN, Univisión (Estados Unidos) Chivas vs Pumas: México, por medio del Canal 5 de Televisa, TUDN (Estados Unidos) América vs. León: México, por medio de Fox Sports Premium, TUDN (Estados Unidos) Atlético San Luis vs Monterrey: México, por medio de ESPN, Star+ (Estados Unidos) ¿En qué casas de apuestas puedo apostar en los cuartos de final de la Liga MX 2023? Bet365 1xBet Codere Betway Strendus 10Bet 20Bet Ganabet Leon No te pierdas ni un solo minuto de la acción en los cuartos de final de la Liga MX 2023. Consulta nuestro calendario detallado y únete a la emoción de estos apasionantes partidos. Además, aprovecha las increíbles cuotas de ganancias que ofrecen nuestros sitios de apuestas deportivas. Conéctate con la emoción del fútbol mexicano y eleva la adrenalina con cada jugada. ¡Ingresa ahora y vive la pasión de la Liga MX al máximo! FAQ | Preguntas Frecuentes ¿Cuántos equipos participan en los cuartos de final? Serán 8 equipos los que participarán en los cuartos de final de la Liga MX 2023. ¿Cuándo y dónde se jugará el partido inaugural de los cuartos de final? El partido inaugural se dará entre los equipos América vs León, en el Estadio Guanajuato del Nou Camp, el miércoles 29 de noviembre de 2023; siendo su partido de ida. Y el enfrentamiento de vuelta será el 02 de diciembre de 2023 en el Estadio Azteca. ¿Cuál es el estadio que albergará la final de los cuartos de final de la Liga MX 2023? La final se llevará a cabo en el estadio Olímpico Universitario. ¿Cuál es el equipo favorito para ganar la Liga MX según las casas de apuestas? Según las casas de apuestas, el equipo favorito con 40 puntos se encuentra el América con cuotas altas y competitivas en las diferentes casas de apuestas. Contact Details Acroud Media info-media@acroudmedia.com

November 29, 2023 09:43 AM Eastern Standard Time

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Pending $400 Million Purchase Agreement To Advance Sharps Into Large Prefillable Syringe Market With Differentiated Copolymer Syringe Systems

Benzinga

By Meg Flippin, Benzinga Sharps Technology Inc. (NASDAQ: STSS) is an innovative medical device and pharmaceutical packaging company that seems positioned for growth through its commercial-ready, patented copolymer syringe products. The company recently announced a pending asset purchase agreement to acquire the InjectEZ specialty copolymer syringe manufacturing facility and a 10-Year purchase agreement for over $400 million from Nephron Pharmaceuticals, a privately held healthcare company. Sharps Technology has a stated mission to be a leader in the copolymer prefillable syringe system segment as the pharmaceutical industry shifts toward using these applications. The market opportunity that Sharps has identified, through target customers in the large-cap pharmaceutical and specialty biotech segments of the market, represents a significant opportunity for the company with opportunities for growth and profitability. The company says its advanced syringe offerings are easy to use and have built-in features to protect a person from needle stick injuries, blood-borne infections like hepatitis B and C and HIV. Vaccinations, medicine delivery and newly approved drug administration via the biotech industry are leading applications for Sharps’ syringes, and it’s a market growing at a CAGR of 11.95% from 2022 to 2030. Sharps’ Differentiated Products Are Stronger Than Glass When it comes to prefilled syringes, not all of them are created equal. Glass syringes have been the de facto standard but they have deficiencies that need to be overcome whether in a hospital setting or at home. For starters, glass syringes are prone to breakage as compared to Sharps’ COC (cyclic olefin copolymer) based prefilled syringes. Sharps’ copolymer products address many of the other historic deficiencies that glass-based syringes experience in the field. At present, COC syringes are comparable to glass in terms of barrier quality, long term drug stability and imperviousness to oxygen and water vapor contamination. They can exceed glass syringes in breakage rates, drug shelf life, cold chain storage, and cost to manufacture. Sharps’ product pipeline and market strategy will include a broad range of sizes, silicon free systems that address contamination issues for the healthcare market, dual chamber systems that improve drug shelf life while reducing unnecessary packaging and customized solutions for systems that serve the growing autoinjector segment. To further the market, Sharps recently inked a deal with Nephron Pharmaceuticals Corp. to make these advanced syringe systems. Nephron is a leader in contract manufacturing of generic medications and 503B outsourcing that includes extensive use of prefillable sterile syringes. Under the terms of the deal, Sharps will acquire Nephron’s InjectEZ specialty syringe manufacturing facility for $50 million. This includes a 10-year purchase agreement for over $400 million from Nephron Pharmaceuticals for Sharps’ next-generation copolymer prefillable syringe systems. Understanding The Prefillable Syringe Market The prefillable syringe market is a sub-industry within the healthcare sector that is growing faster than GDP at a 4x multiple of GDP. The U.S. market has seen growth over the past few years, driven by reducing hospital errors and administration injuries, increased use of biologics and biosimilars that require administration by injection, and need for more efficient drug delivery systems. Injectables were 37% of the global drug delivery market in 2017 and increased to 44% by 2021, even before COVID vaccines further increased syringe demand. Prefillable syringe capacity is at a premium, due to the global lack of capacity, increasing demand and technical challenges in production. Specifically, prefillable COC syringe demand growth is outstripping industry capacity. Additionally, these products are increasingly being used in the delivery of biologic drugs, biosimilars and in the development of new formulations of existing drugs. Larger molecules are becoming more complex and require exceptional delivery mechanisms. Copolymer Prefillable Syringes: A Niche Market That Seems To Be Taking Off The prefilled syringe market has growth prospects within the healthcare sector and Sharps will serve both Nephron and other pharmaceutical and healthcare customers within the copolymer segment of the market. With a lack of available capacity for these products and the technical challenges in producing them, Sharps says that it is at an advantage in the marketplace. The company has assembled a management team with a wealth of experience in developing copolymer syringes, which many rivals can’t claim. That’s evident with its Nexent line of syringes made of advanced polymer material for improved long-term drug stability and preserved efficacy. The material is also break-resistant and includes a robust container closure system utilizing common, industry standard rubber formulations, making it easier to pass regulatory scrutiny. Sharps sees a big market opportunity with its copolymer prefillable syringes including biologics and cold chain vaccines, serving potential customers in Japan, Europe, and North America, three regions with increasing demand through their rapidly aging populations. “With this landmark purchase agreement in place for our copolymer prefillable syringes, we will accelerate the realization of our shared goals, transition the company to revenue, and propel Sharps into a new phase of growth and sustainability,” commented Robert Hayes, Sharps CEO. “At the forefront of our growth trajectory are our copolymer-based prefillable syringe systems, a sector that is experiencing escalating market demand and is poised to shape the future of Sharps Technology.” To review the corporate website, CLICK HERE. To review the investors section for the website, CLICK HERE. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 29, 2023 09:25 AM Eastern Standard Time

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CLASS ACTION LAWSUIT FILED AGAINST KENVUE INC. (NYSE: KVUE)

Levi & Korsinsky LLP

Kenvue Inc. (NYSE: KVUE) is down over 25% from its debut earlier this year in May 2023. Formed from the separation of Johnson & Johnson’s Consumer Health business, the company was billed as the world’s largest pure-play consumer health company with annual revenues of over $15 billion from brands such as Tylenol, Neutrogena, Listerine, Aveeno, and Nicorette. While for many the investment thesis has yet to pan out, investors with losses stand to benefit from recent class action litigation seeking to recover investment losses. In November 2021, Johnson & Johnson announced its plan to spin-off its Consumer Health business. Eighteen months later, Kevnue completed its initial public offering and began trading on the New York Stock Exchange under the ticker symbol “KVUE”. The initial public offering generated net proceeds of $4.2 billion and resulted in over 1.9 billion publicly-listed Kenvue shares. Johnson & Johnson, however, retained ownership of approximately 90% of those shares for several months. In August 2023, Johnson & Johnson released the shares to its shareholders through an exchange offer. Kenvue’s initial public offering was underwritten by the largest banks on Wall Street, including the likes of Goldman Sachs, J.P. Morgan, Deutsche Bank, Citigroup, UBS, and so on. Analysts at many of these firms initiated coverage with enthusiasm. J.P. Morgan, for example, initiated at “overweight” with a price target of $29/share ( i.e., $7/share over the $22/share initial public offering price). Their support for the stock was based primarily on an investment thesis that included top-line growth, expanding margins, strong cash flow, and experienced management. Absent from the fanfare was any discussion of phenylephrine and the risks it posed to Kenvue in terms of adverse regulatory action. Phenylephrine is an active ingredient in many over-the-counter decongestant medications. Kenvue uses phenylephrine in a number of its products, including Sudafed PE, Benadryl Allergy Plus Congestion, and Tylenol Sinus + Headache. On September 12, 2023, the Nonprescription Drugs Advisory Committee of the U.S. Food and Drug Administration voted unanimously that phenylephrine was ineffective as a nasal decongestant when taken orally. This finding could result in the removal of several of Kenvue’s products from store shelves and, in turn, a substantial loss of revenue they would have otherwise generated for the company and its shareholders. News of the FDA’s decision prompted an immediate sell-off in Kenvue shares adding to downward pressure already in the market from ongoing acetaminophen litigation. Investors who suffered investment losses because of the announcement are questioning why management did not provide more information in Kenvue’s initial public offering documents about the risks its reliance on phenylephrine had on company revenues. While the FDA has been evaluating the efficacy of phenylephrine for some years, Johnson & Johnson and Kenvue said nothing of it in the registration statement or prospectus they used to take the company public. Kenvue now faces class action litigation for alleged violations of the federal securities laws. The class action complaint alleges that Kenvue and its management neglected to disclose material information concerning the risks arising from phenylephrine and the potential for adverse regulatory action. If the lawsuit is successful, investors could recover investment losses they incurred from their Kenvue shares. For those that paid top-dollar for the stock during the initial public offering, recovering these losses would undoubtedly improve their overall position given where the stock currently trades. Kenvue shareholders that suffered losses are encouraged to learn more about how the class action lawsuit may benefit them and whether to seek to become a lead plaintiff representing the class of Kenvue shareholders. Levi & Korsinsky, LLP is a leading plaintiffs’ law firm that has recovered billions of dollars for defrauded investors in global securities litigation. The firm is exclusively dedicated to fighting for aggrieved shareholders and consumers, and obtaining redress from those who have harmed them. With over 80 years of combined partner experience litigating complex securities actions and over 30 lawyers in five offices. The firm has a successful track record of protecting shareholder rights while setting ground-breaking precedent by tackling cases that require substantial resources, time and tenacity, thus resulting in greater investor recoveries. Contact Details Joseph Levi jlevi@levikorsinsky.com

November 29, 2023 09:25 AM Eastern Standard Time

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Realbricks Is Unlocking High-Value Real Estate Investments For The Masses Through Fractional Ownership

Benzinga

By Faith Ashmore, Benzinga Begin your real estate investing journey on the Realbricks website! The world of real estate has long captivated investors looking for secure and profitable ventures. However, a new and exciting trend has emerged that appeals to a broader pool of investors with its promise of accessibility and diversification: fractional real estate. Fractional real estate fundamentally transforms the very notion of property ownership. Gone are the days when investors had to dedicate substantial resources to buy entire properties or rely solely on real estate investment trusts (REITs) for indirect exposure. Fractional ownership offers a unique solution, enabling individuals to own a fraction or share of a property, typically through digital platforms. This innovative model allows investors to purchase small portions of high-value properties, such as luxury vacation homes, commercial buildings or even residential complexes. The appeal lies in the opportunity for investors to gain exposure to previously inaccessible real estate markets, diverse property types and high-value assets that may have otherwise remained out of reach. In many ways, fractional ownership is democratizing the world of real estate. Historically, investing in real estate demanded significant financial resources, limiting this asset class mostly to the affluent. Fractional ownership now enables investors to participate in high-profile real estate ventures for a fraction of the price, opening doors to a wider investor base. The advent of online platforms and digital marketplaces has also streamlined the process, making investing in real estate as easy as a few clicks. With millennials increasingly disillusioned with traditional investment avenues, fractional real estate offers a fresh and exciting opportunity for them to diversify their portfolios and engage with tangible assets that resonate with their aspirations for financial growth. Not to mention, in an era marked by market volatility and an ever-changing economic landscape, fractional real estate provides a compelling solution to mitigate risk and enhance portfolio diversification. By diversifying their holdings across multiple properties, locations and asset classes, investors can minimize exposure to any single property or market downturn. Fractional ownership oftentimes eliminates the burden of day-to-day operations because it is typically accompanied by professional property management services. Fractional real estate investments can also generate consistent cash flow through rental income or profit-sharing models, providing stability and reducing dependence on the ebbs and flows of traditional financial markets. Among the companies that are facilitating this revolution is Realbricks, a proptech company that has recognized the increased opportunities that fractional real estate provides. The company created a platform that makes real estate investment accessible to anyone, anywhere – empowering all manner of investors to participate in the market. The company enables people to invest in vacation rentals like Airbnbs, long-term rentals, and multifamily properties without ever having to talk to a realtor. Its fractionalized approach to real estate investing means investors can gain access to properties that they would otherwise not have access to – with the ability to sell their shares at any time. The company’s platform integrates secondary markets and AI to provide investors with a comprehensive and efficient investment experience. With secondary markets, Realbricks allows investors to sell their ownership shares and access funds faster, providing liquidity to historically illiquid real estate assets. This integration enables investors to adjust their investments easily in response to changing circumstances, offering flexibility and adaptability. Realbricks also leverages AI to enhance the platform's capabilities. Through sophisticated algorithms, AI technology analyzes historical data, market trends and investor preferences to generate valuable insights. This integration of AI empowers investors with data-driven analysis, enabling them to gain a competitive edge in the competitive real estate market. Realbricks is also on the verge of expanding its offerings to include international investing, enabling investors to diversify their portfolios with properties from various continents without leaving their homes. This global perspective not only broadens investment options but also provides a layer of protection against localized economic challenges. A planned app launch in 2024 means the company – and potential real estate investors – have a lot to look forward to. At the heart of Realbricks' philosophy is a commitment to simplicity and security. Fractional real estate represents a revolutionary shift in the way investors engage with the real estate market. Its accessibility, diversification potential and ability to captivate younger generations make it one of the most intriguing investment avenues in recent times. By making real estate investment more accessible and convenient, Realbricks could be poised to revolutionize the industry and present a unique investment opportunity for individuals of all financial backgrounds. To learn more about Realbricks, click here. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 29, 2023 09:25 AM Eastern Standard Time

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Active ETFs Appear Booming In 2023 — Tema ETFs Are Taking Them Into A New Direction

Benzinga

By Rachael Green, Benzinga The rapid emergence of the ETF industry, marked by its AuM growth from $1 trillion to $10 trillion this past decade, was driven by passive indexed funds which thrived in a low-rates, low-volatility environment. These funds offered low cost, low differentiation solutions to retail investors. As institutional investors overtake retail investors in ETF adoption, the landscape of the industry is set for a paradigm shift. The limitations of indexes are becoming increasingly apparent in a macro environment characterized by higher rates and higher volatility, which could stick around in the decade to come. The fundamental analysis and risk management that had been left behind by index funds are suddenly relevant again. Investors are consequently exploring alternative vehicles for their public equity exposures, namely active ETFs. Tema is one of the first independent thematic active ETF asset managers, but unlike competitors, is concentrating on underpenetrated, generational thematic trends that were previously inaccessible to investors. These themes include reshoring, oncology, luxury goods, cardiology and metabolics (Obesity and diabetes), and monopolies and oligopolies. The vulnerabilities of passive ETFs are becoming more apparent in the current environment Limited by the rigid nature of their underlying indices, passive funds lack the ability to dynamically respond and adapt to increasingly rapid and sharp changes in environment. These limitations undermine risk management efficacy and can ultimately compound risks for their investors. An example is the special premature rebalance the Nasdaq 100 index had to undergo this past summer. The disparity in performance within the index had over-concentrated its value, with the “Magnificent seven”, Alphabet (NASDAQ: GOOG), Amazon (NASDAQ: AMZN), Apple (NASDAQ: APPL), Meta (NASDAQ: META), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA), reaching 55% of the index’s total value. The “special rebalance” not only revealed the concentration risks tied to indexation, but also exposed the arbitrage and front-running risks that passive vehicles can be exposed to, at the detriment of investors. Active ETFs have enjoyed record growth in 2023 While passive ETF growth has started to slow, active ETF growth is now accelerating fast, with over 20% of year-to-date asset flows. Yet the active space is still young, with only 5% of total ETF assets. “Active” simply indicates that a fund does not track an index, which gives issuers greater flexibility and creativity to build their products. These products have the potential to create more dynamic and precise exposures, and offer greater efficacy for risk management. The concerns with active management traditionally include higher fees, concentration risk, and ultimately disappointing performance. Tema believes a bottom-up approach to active management starting with risk management provides a proven and comprehensive solution to these latter concerns. Tema’s investment and risk management philosophy has an acute focus on mitigating downside risk. Previous academic studies have highlighted the underperformance of active management can largely be attributed to downside risk exposure. Active ETFs can allow for better risk management The discretion provided by active management allows Tema to proactively manage risk and capitalize on market dislocations in a disciplined way. For example, Tema’s risk management approach limits the size of any one company in a portfolio, thereby limiting concentration risk. Similarly, the flexibility of active management allows Tema to anticipate market events and position accordingly especially given the seasoned experience of Tema’s portfolio managers. This was evidenced most recently in the luxury space when Tema anticipated a Q3-2023 sell-off in luxury by increasing the cash position in the fund at the end of Q2-2023 to 20% temporarily. Tema ETFs focuses on themes with inherent indexation limitations Active management also provides the flexibility to access themes that are hard to index by nature of their constituents and underlying industries. Take for example Reshoring or Luxury, themes in which Tema launched the first US listed ETFs earlier this year. Tema’s American Reshoring ETF (NYSEARCA: RSHO), for example, seeks long-term growth by investing in companies that either enable the relocation of manufacturing and supply chains back to the United States or benefit from it. “Reshoring is a structural trend spurred by a confluence of factors including political and trade tensions, deglobalization and supported by unprecedented government spending. We think that reduced order cycles, lower inventories and more reliable supply chains should provide such companies with durable competitive advantages and higher sustainable growth outlooks,” said RSHO fund manager Chris Semenuk in a statement on the ETF’s launch. Reshoring companies are not clear-cut by nature of their industry classifications. As a result, reshoring beneficiaries and enablers are identified and analyzed based on bottom-up fundamental analysis that an index couldn’t replicate. Once the relevant securities have been selected, the portfolio construction follows a systematic approach which sizes positions based on conviction: highest, higher or foundational positions, depending on the manager’s relative confidence in that stock’s long-term potential. A similar bottom-up, innovative approach underpins Tema’s Luxury ETF (NYSEARCA: LUX) which invests in the global luxury industry. While luxury goods indexes exist, Tema saw a lack of precision in which companies are included in them. “We believe existing luxury investment indexes are undermined by construction issues and conflate bland consumer exposure with quality luxury exposure,” said Tema CEO Maurits Pot. “Furthermore, the luxury industry demonstrates high performance dispersion between longer-term outperforming and underperforming companies. While companies such as LVMH have generated consistent long-term returns for shareholders, companies such as Tods and Ferragamo have failed to generate shareholders for over ten years.” Luxury indices include mass consumer goods companies such as Apple or Nike which are fundamentally different to pure luxury brands such as Hermes or Louis Vuitton. Luxury brands are underpinned by exclusivity, aspirational desires and craftsmanship while mass consumer companies serve more functional and less aspirational roles. As a result, luxury companies have superior profitability, pricing power and different growth drivers. The Tema luxury ETF aims to provide pure, undiluted exposure to the luxury market. Tema’s other ETFs offer a similar level of expertise-driven thematic construction: The Monopolies and Oligopolies ETF (CBOE: TOLL) comprises companies operating in a monopolistic or oligopolistic industry structure. Monopolistic structures are defined by sustainable competitive advantages and high barriers to entry, typically leading to high margins and profitability. The Oncology ETF (NASDAQ: CANC) invests in oncology companies leading the fight against cancer. A revolution in biology and biotechnology is driving significant advances in diagnosing and treating cancer. The Global Royalties ETF (CBOE: ROYA) is made up of companies across a range of industries that are all extracting consistent revenue streams from royalties collected on natural resources, music catalogs, or pharmaceuticals. These unique and under-penetrated themes either cannot be accessed, or would have significant limitations if offered through an indexed vehicle. Access, precision, and risk management ae some of the clear benefits to Tema’s innovative approach. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 29, 2023 09:25 AM Eastern Standard Time

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Wormhole Secures $225 Million at a $2.5 Billion Valuation in Funding to Scale Blockchain Communication Network

Wormhole Foundation

Wormhole, the leading developer platform that allows blockchain networks to communicate with each other, has successfully closed its latest funding round, raising $225 million at a $2.5 billion valuation. Prominent investors in Wormhole include Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital, Arrington Capital, and more. “We are grateful to have support from such a strong group of backers as we continue to deliver critical infrastructure for Web3,” said Dan Reecer, Wormhole Foundation Chief Operating Officer. “We are ecstatic to bring more new and groundbreaking products to market as we head into next year, and look forward to continuing to support our ecosystem of developers who are building with our tools every day to expand their businesses and build great experiences for users. Robinson Burkey, the Wormhole Foundation’s Chief Commercial Officer, echoed this sentiment, saying, “I couldn’t be more excited about our position in the market and the opportunities for growth. We're laser-focused on bringing solutions to market that solve real problems for our customers and end-users, and are on a mission to enable real-world impact from the Web3 space. If you’re interested in this mission, we encourage you to chat with us about joining our team.” The Wormhole Foundation has also announced the launch of Wormhole Labs, emerging from stealth to become a core contributor to Wormhole. Wormhole Labs is an independent technology company that specializes in building products, tools, and reference implementations that help grow cross-chain activity and development. "Nearly three years ago, Wormhole was launched with the vision of a world resembling the one we see today. Where the relentless expansion of blockchains is not a niche transient trend but an enduring transformation. Where Fortune 100 companies onboard both public and private blockchains. We reaffirmed our commitment to this vision by launching Wormhole Labs, dedicated to advancing the technology that makes efficient blockchain-to-blockchain communication possible," said Saeed Badreg, Co-founder and CEO of Wormhole Labs Since its launch in 2021, Wormhole has become mission critical infrastructure for many of the industry’s biggest blockchains and projects. Wormhole has facilitated the transfer of over $35 billion in value and regularly processes over 2 million cross-chain messages across 30+ chains every day. For more information about the Wormhole and its innovative solutions, visit www.wormhole.com. “ About Wormhole Wormhole presents a cutting-edge platform for developers, enabling the creation of scalable and efficient decentralized applications. At the heart of its infrastructure lies a messaging protocol, a feature that facilitates secure and seamless value and data transfers across an extensive network of over 30 major blockchains and hundreds of applications. In the three years since its inception, Wormhole has facilitated over $35 billion in transfer volume, processed over 750 million cross-chain messages, and achieved a peak total value locked (TVL) of around $3.8 billion. Wormhole is used in a variety of use cases ranging from token bridging for chains like Ethereum and Solana, to cross-chain oracle data feeds, to NFT transfers, and more. Wormhole is strategically expanding its reach, serving not just decentralized developers but also catering to institutional needs, positioning itself as the leading blockchain communication network in the digital asset industry. About Wormhole Foundation Wormhole Foundation is the steward of Wormhole - the world’s first generalized messaging protocol. Our mission is to empower passionate people in the research and development of blockchain interoperability technologies. Through grants, research, and ecosystem programs, we seek to enable teams to build secure, open-source, and decentralized products within the Wormhole ecosystem. If you’re interested in helping achieve our mission, contact us at hello@wormhole.foundation. Contact Details Wahaj Khan wahaj@dittopr.co Company Website http://wormhole.com

November 29, 2023 09:00 AM Eastern Standard Time

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Beyond charity: How Sustainable Access Foundation helps changemakers empower communities

Prodigy Press Wire

Sustainable Access Foundation (SAF), an innovative, non-profit organization, is set to make the world a better place by investing in community-driven initiatives in developing economies to remove barriers and empower underserved communities. Founded by Dr. Danika Tynes in 2022, the SAF's vision is to help communities worldwide have access to resources that will enable them to thrive and unlock their limitless potential. The non-profit organization collaborates with changemakers (i.e., small businesses or community-based organizations that champion community-driven development) that seek support, guidance, and resources to create sustainable value and solutions for future generations. While studying industrial and organizational psychology and international development and later working in the corporate and healthcare spheres for over 20 years, Dr. Tynes observed that developed countries invest more in efficiency than progress, overlooking the broader picture of consciously solving persistent social challenges through community engagement and dialogue. Driven by the question, what if we all had access? The global change leader was motivated to establish SAF. Enthralled with the culture and resilience of the people in Uganda, SAF is currently collaborating with changemakers in the area. One of its projects includes the Black Soldier Fly (BSF) biotech training project in partnership with Ento Organic Farm Limited (EOF). It aims to solve the problem of food insecurity and lack of economic opportunity for rural families in Uganda by training them in waste recycling and agriculture, leveraging BSF technology. The three-day practical training aims to equip individuals with the necessary knowledge to create sustainable livelihoods. With the SAF's investment in this project, the community was able to establish 12 production units and recycle 5,200 kilograms of waste into valuable fertilizer in only eight weeks. The SAF Black Soldier Fly project is set to generate over 400 more jobs by 2024, this led the CEO of Ento Organic Farm, Martin Tenywa, to be awarded the Microsoft accelerator pitch award. Another endeavor that the SAF advocated for is the Mugga Legacy Village Baseline Assessment. In collaboration with the Bavubuka Foundation, this project aims to generate a development roadmap based upon the community's input to provide a new generation of young leaders in Uganda, and eventually, all of Africa, with holistic programs centered around community, engagement, entrepreneurship, digital skills and web literacy, financial literacy, cultural preservation, and climate change adaptation. The intended outcome of this project is to pave the way for employment, especially for the youth. The SAF also worked with the Bandera Farmers Network International (BAFANI) to solve the issue of local farmers needing more space for producing, processing, and quality control of their agricultural products. It is worth noting that Uganda has only one government-owned agro-processing and production center, limiting their access. This limitation leads to the farmers' inability to meet national and international quality control standards, reducing their market share and profitability. The project, therefore, intends to establish an agro-processing and skilling training center in the Kamuli district to help increase opportunities for in-country market share and, eventually, global export. The relatively new non-profit organization accomplished significant milestones within only ten months of operations, positively impacting over 250 families, launching 11 community ideas, and raising $75,000 in efforts to provide access to underprivileged communities worldwide. This highlights the SAF’s massive impact on shaping a more inclusive future for emerging economies. In addition, the organization is building a sustainable network model in line with its plan for expansion in 2024. With this, the Sustainable Access Foundation underlines its commitment to making a lasting impact on underserved communities by collaborating with local organizations that aim to create sustainable solutions for society’s overall development. Media Contact Name: Dr. Danika Tynes Email: hello@sustainableaccessfoundation.org Link to instagram Link Facebook Release ID: 825026

November 29, 2023 09:00 AM Eastern Standard Time

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