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Broadway Playwright / Performer Rick Najera Announces Miami Debut of Sweet 15 ¡Que Quinceañera! – A Spanglish Interactive Comedy Experience

Sweet 15

Broadway playwright and performer, Rick Najera, celebrated for his notable contributions to the world of theater, television and film, will debut his latest theatrical production of Sweet 15 ¡ Que Quinceañera!, a live, interactive comedy experience, April 4-28. Produced by Mero Mero Productions, Lavan Entertainment and Executive Producer Rodrigo D’Escoto, the show will take place at Renaissance at the Gables, 2340 SW 32nd Ave, Miami, FL 33145 and will be performed in Spanish and English (Spanglish). Tickets and dinner packages are now on sale and can be purchased at https://www.sweet15show.com or via Eventbrite.com. “Sweet 15 breaks the story wall between actors and the audience as part of a theater play that represents a new generation of interactive theater,” said award-winning playwright Rick Najera, who created, wrote and directs the show. Najera is known for his nationally acclaimed, award-winning show on Broadway, Latinologues, comedic monologues about life in America, which ran for 137 performances at the then Helen Hayes Theatre. “With this show, we are bringing theater to audiences who normally don’t go to theater but who value entertainment and comedy, and Miami is the perfect place for this groundbreaking play.” Sweet 15 ¡Que Quinceañera! will star Rene Lavan ( Christmas with the Kranks, Dirty Dancing: Havana Nights, Latinologues on Broadway, Every Witch Way ), Ruben Rabasa ( Ant Man, Father of the Bride, I Think You Should Leave, This is Us ), Vanessa Lyon ( Monday Nights at Seven ), Lauren Lopez ( In the Heights, Westside Story, Titanic the Musical, Shrek ) and Roberto Escobar ( Bloodline, El Señor de los Cielos ). Special guests and more cast to be announced soon. Sweet 15 delves deep into the heart of a quinceañera celebration, a cherished Latina tradition that marks a young girl’s transition into womanhood. However, in this comedic production, a joyous rite of passage unfolds into a tale of unexpected (and literal) twists and turns, seven years late. The play is a valentine for families (especially Latino families) and shows the power of forgiveness as a father tries to win back his family after disappearing for seven years. Placed in an actual quinceañera hall, audiences will experience the exciting thrills of this immersive quinceañera. This Broadway-style extravaganza is set to be an unforgettable experience that will leave audiences singing along and laughing out loud. Rick Najera’s Sweet 15!Que Quinceañera!, is produced by Mero Mero Productions, Lavan Entertainment and Executive Producer Rodrigo D’Escoto, and will debut April 4, 2024 and run through April 28 at Renaissance at the Gables, 2340 SW 32nd Ave, Miami, FL 33145. The show is performed in Spanglish (Spanish / English). Tickets are now on sale starting at $49 and can be purchased at https://www.sweet15show.com or via Eventbrite.com. Group and student tickets available. Inquire about sponsorship opportunities. About Rick Najera’s Sweet 15 ¡Que Quinceañera! Sweet 15 ¡Que Quinceañera! is the story of the Valderrama family as they prepare to celebrate their daughter’s quinceañera. There’s only one problem – the quince is seven years late! Their story begins when the patriarch of the family, Eddy, returns home after a seven-year absence. He disappeared the same year his daughter, Sonora, was turning 15. Now, seven years later, he returns and upon his shocking return, he sets out to reunite with his estranged family under one condition; they allow him to throw a quinceañera for Sonora, who is now 22 years old. Eddy tries desperately to create a special night for Sonora, but unfortunately nothing goes as planned. Sweet 15 ¡Que Quinceañera! is a dysfunctional family comedy production where audiences will witness the love of a father who would do anything for his estranged daughter. This production is filled with music, singing, dancing, laughter and impromptu audience participation, guaranteed to have its audience singing along and dancing in their seats. The show can be found on Instagram and Facebook @sweet15show and hashtag #sweet15show. For more information, visit https://www.sweet15show.com About Rick Najera Rick Najera is an award-winning playwright, screenwriter, and performer known for his groundbreaking contributions to theater and film. With a career spanning decades, Najera has consistently pushed the boundaries of storytelling and representation. His work is celebrated for its ability to bridge cultural divides and illuminates the human experience in all its complexity. Najera’s show Latinologues, after touring the nation, made its Broadway debut at the then Helen Hayes Theatre and ran for 137 performances. Najera is repped by Daryn Simons at Cohesive Entertainment Group, LLC. For more information, visit https://www.ricknajera.com. High resolution cast headshots and bios can be found here: https://drive.google.com/drive/u/3/folders/1deCHrfC5DSgkhzq73rwpMYHTEvDHQSZF High resolution logo of Sweet 15 can be found here: https://drive.google.com/drive/u/3/folders/1N6wY0mPX-1pTMLLlG3UEB1WmGjQ7XCUJ Contact Details Garcia Communications Diana Delgado Garcia +1 305-431-2691 diana@dgcommunications.com Company Website https://www.sweet15show.com/

March 20, 2024 12:24 PM Eastern Daylight Time

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Poseidon Nickel signs binding agreement with Mineral Resources to divest Lake Johnston

POSEIDON NICKEL LIMITED

Departing Poseidon Nickel Ltd (ASX:POS) CEO Craig Jones and incoming CEO Brendan Shalders join Proactive’s Jonathan Jackson to discuss the divestment of Lake Johnston to Mineral Resources Ltd. Jones, who has played a pivotal role in this strategic move, shared insights on the Binding Heads of Agreement, underscoring the sale's contribution to the company’s capital enhancement and future ventures. With a robust cash balance, excluding the $1 million from the sale, Poseidon is well-positioned to sustain its operations and pursue its strategic objectives. The company is focusing on its Windarra and Black Swan projects, maintaining a prudent approach to exploration and cost management. Brendan Shalders, the current CFO, will assume the CEO role from April 1, 2024, ensuring leadership continuity and strategic execution. Poseidon’s refocused strategy on exploration and cost efficiency, bolstered by the Lake Johnston sale and leadership transition, sets a promising trajectory for the company. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 20, 2024 11:15 AM Eastern Daylight Time

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ASSOCIATION OF PICKLEBALL PLAYERS, UTR SPORTS LAUNCH FUNDRAISING PROGRAM TO SUPPORT AMERICAN CANCER SOCIETY THROUGH PICKLEBALL

AOPP

The Association of Pickleball Players (APP), the American Cancer Society and UTR Sports are teaming up to fight cancer through Doubles Dink for Cancer, a first-of-its-kind community-based fundraising program. The year-round program is designed to unite communities around the beloved sport of pickleball and in support of a single mission: to end cancer as we know it, for everyone. With nearly 50 million adult Americans playing pickleball, Doubles Dink for Cancer invites players of all levels to play pickleball or organize an event to celebrate cancer survivors, remember loved ones lost to cancer and raise funds to improve the lives of people with cancer and their families. Hosted on UTR Sports’ innovative software, these volunteer-led, round robin doubles tournaments can happen anytime, anywhere—from a local pickleball or tennis club, to community courts or even homemade, temporary courts lined with chalk. Events are designed to be fun and open to everyone, including the most experienced pickleball players and people picking up a paddle for the first time. “Pickleball offers physical, social and emotional benefits—all important to a battle against cancer. Doubles Dink for Cancer builds on this as a fun way to get moving, raise awareness and leverage the pickleball community for good,” said APP Founder Ken Herrmann. “With the majority of people having a personal connection to cancer, we hope you join us in rallying behind the American Cancer Society to bring renewed hope for patients and their families on a national scale.” Doubles Dink for Cancer will also showcase how pickleball can play a part in cancer avoidance, as people maintain an active and healthy lifestyle—an important factor in reducing cancer risk. Cancer can impact anyone at any age and finding cancer early increases survival rates. According to the American Cancer Society, more than 1.9 million people are expected to be diagnosed with cancer this year. At present, one in two men and one in three women in the United States will receive a cancer diagnosis in their lifetime. Doubles Dink for Cancer will donate 70 percent of proceeds from registration fees to further the American Cancer Society’s mission through funding cancer research discoveries, enhancing direct patient support in 20,000 communities across the country and through advocating for policies that enhance access to cancer care. “We’re excited to work with the Association of Pickleball Players to broaden our reach and amplify the message that physical activity, like playing pickleball, can help prevent cancer,” said Dr. Arif Kamal, chief patient officer at the American Cancer Society. “Uniting this community around reducing cancer risks and supporting our mission is invaluable and will help us impact more lives.” Doubles Dink for Cancer is now live in Florida, providing a pilot launch in one of the strongest pickleball communities in the world before its national roll out in Summer 2024. The Miami-Fort Lauderdale metropolitan area represents the single largest concentration of pickleball players in Florida, with 20 percent of the state’s pickleball-playing population residing in the area. According to the APP’s 2023 player participation research data, the Miami-Fort Lauderdale metropolitan area is the fourth largest pickleball market in the nation, with 3.1 percent of their population having played the sport at least once in the past twelve months. Each Doubles Dink for Cancer event, regardless of tournament size, will be supported with the following signature elements: An event page on UTR Sports where organizers can invite friends, manage registration and communicate with players Resources for beginner event organizers to easily manage the tournament, including a toolkit with sample schedules, scoresheets, brackets, volunteer needs and more For more experienced organizers, access to UTR Sports technology to run the event using its tournament management software Branded T-shirts for event participants “We are excited and honored to be partners on this great initiative,” said Mark Leschly, UTR Sports Chairman and CEO. “Cancer impacts so many Americans, and the opportunity to support the battle while playing the great sport of pickleball is a win for everyone. We are proud to host these events on UTR Sports and look forward to what we can accomplish together.” Community members interested in planning a local event or serving as a Doubles Dink for Cancer ambassador can access resources and additional information at theapp.global/doublesdinkforcancer. Each player will pay a registration fee to participate, as they do for any local tournament or court rental, with 70 percent of proceeds supporting the American Cancer Society’s lifesaving cancer research and commitment to advancing health equity through essential programs and services. In addition to nationwide community events, Doubles Dink for Cancer will have a strong presence at all APP Tour events. Local cancer survivors, caregivers, advocates and their families will be recognized on Championship Court for as living proof of the American Cancer Society’s mission. Doubles Dink for Cancer will also be highlighted through on-site activations, signage and broadcasts at APP Tour events. More information, including updates for Doubles Dink for Cancer’s national roll out, will be available at theapp.global/doublesdinkforcancer or by following the APP on Instagram, X, Threads, TikTok, Facebook and LinkedIn. # # # About the APP: The Association of Pickleball Players (APP) provides opportunities for pickleball players of all ages and skill levels—professionals, amateurs and recreational—to compete in world-class pickleball events for the opportunity to win prize money and be seen on internationally televised broadcasts. The APP was founded in 2019 and operates the first and only tour fully and officially sanctioned by USA Pickleball. In 2023, it held 19 events across the country and supported five international tournaments. The APP prides itself on developing the next generation of pickleball champions through its APP Next Gen Series, the APP Next Gen National Team and other youth initiatives. The 2024 schedule, recent news and additional information about the APP are available at theapp.global and on Instagram, X, Threads, TikTok, Facebook and LinkedIn. About UTR Sports: The mission of UTR Sports (formerly Universal Tennis) is to connect and grow the sports of tennis and pickleball with accurate global ratings, innovative events and a global community centered around level-based play. The UTR Sports Platform is anchored by our patented ratings technology. UTR Sports provides the technology tools and solutions relevant and valuable to players, coaches and organizers. UTR Sports is creating opportunities and pathways, for players from all over the world, in all stages of life, to find better matches and unlock a more fun, affordable and flexible experience. Follow UTR Sports on social media @UTR_Sports. Media Contacts: Julianne Olivo for the APP at jolivo@intersport.global Darrya Lipscomb for the American Cancer Society at darrya.lipscomb@cancer.org The Association of Pickleball Players (APP) provides opportunities for pickleball players of all ages and skill levels—professionals, amateurs and recreational—to compete in world-class pickleball events for the opportunity to win prize money and be seen on internationally televised broadcasts. The APP was founded in 2019 and operates the first and only tour fully and officially sanctioned by USA Pickleball. In 2023, it held 19 events across the country and supported five international tournaments. The APP prides itself on developing the next generation of pickleball champions through its APP Next Gen Series, the APP Next Gen National Team and other youth initiatives. The 2024 schedule, recent news and additional information about the APP are available at theapp.global and on Instagram, X, Threads, TikTok, Facebook and LinkedIn. Contact Details Julianne Olivo jolivo@intersport.global Company Website https://theapp.global

March 20, 2024 11:00 AM Eastern Daylight Time

OYO US Outpaces Industry, Clocks 17% Growth in Per Room Revenue in 2023

OYO

Global travel technology company, OYO’s US operations reported that it has outpaced the budget hotel industry’s per room revenue (RevPar) growth in 2023. While OYO's per room revenue witnessed a ~17% growth in 2023, the budget hotel segment in the US’s per room revenue saw a 9% decline y-o-y in 2023, according to STR report. OYO has also witnessed above average growth in certain markets like Pennsylvania and New Mexico, where per room revenue has improved by more than 25% in 2023. Other states such as Oregon and Washington have seen a jump in Used Room Nights by approximately 25%. Occupancy rates across OYO hotels in the US surged ~9% y-o-y in 2023, whereas Average Room Rate (ARR) recorded 7% growth in 2023 as compared to 2022. Talking about the development, Gautam Swaroop, CEO-OYO International said, “ Despite broader market challenges, OYO demonstrated resilience in 2023. By focusing on our core markets, driving operational efficiency and leveraging on our tech and data, we have been able to show growth in revenue for hotels owners' part of the OYO network in the US.” Dilip Narendrabhai Patel, the owner of OYO Blue Jam Motel Salem, who has been part of OYO since April 2020 said, “We have seen consistent, sustained growth in revenue for our hotel in Washington DC. Our hotels have been showing 28% growth in 2023 alone (vs 2022) and OYO’s tech integrations and innovations have simplified the way we work and has brought efficiencies across board.” OYO offers hotels access to a large base of regular customers through its app and website, and lists hotels on multiple Online Travel Agents (OTAs) to boost booking demand and revenue. OYO’s best-in-class Artificial Intelligence-enabled pricing software automatically drives the best booking prices across all channels, based on room type, seasonality and other factors, therefore, enabling such an increase in online revenues. OYO has started offering hotels the flexibility of not having to invest heavily in redoing the hotel to join the OYO platform, something that other budget hotel chains insist on. Therefore, the initial investment to join OYO is minimal. It has been focusing instead on standardizing service led components such as customer support and booking experience. OYO helps ensure great experience for customers, with ease of search and a quick booking experience, highly competitive room prices as per market demand patterns, automated tools such as Artificial Intelligence powered chatbots to quickly resolve customer queries, loyalty programs and easy refund, if needed. OYO recently announced that it has partnered with Stripe to ease the payment experience for its customers and hotel owners in the US. The integration will provide hotel owners with a flexible and seamless solution for in-person payments with Stripe Terminal at their hotels. OYO hotels in the US will also be enabled with real-time payouts through Instant Payouts with Stripe, which will improve their cash flow. OYO also announced the launch of a virtual front desk solution for its partner hotels in the US. The self check-in technology is integrated with smart lock systems, allowing guests to enjoy keyless entry and exit without the need for physical key cards. Round-the-clock virtual front desk powered by ChatGPT reduces front desk operations expenses by ~60%, saving an average OYO hotel ~$30,000 annually. The virtual front desk supports 80+ languages and promptly assists guests in their preferred language, addressing queries and concerns in real-time. Additionally, the system automates payment collection, streamlining the entire process for a hassle-free experience. ChatGPT4 also analyses guest preferences to provide tailored recommendations for activities, dining, and local attractions. OYO has presence in over 35 countries globally. It owns a vacations home business in Europe called OVH (OYO Vacation Homes) which operates legacy brands such as DanCenter and Belvilla. About OYO: OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aim to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 168,711 hotel and home storefronts in more than 35 countries including India, Europe and Southeast Asia, as of September 30, 2022. For more information, visit here Disclaimer: Oravel Stays Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares (the “Equity Shares”) and has filed the Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of SEBI at www.sebi.gov.in, websites of the Stock Exchanges, i.e., BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com, respectively, and is available on the websites of the Global Coordinators and Book Running Lead Managers, i.e., Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited and Citigroup Global Markets India Private Limited at www.investmentbank.kotak.com, www.jpmipl.com and www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm; the websites of the Book Running Lead Managers, i.e., ICICI Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited, JM Financial Limited and Deutsche Equities India Private Limited at www.icicisecurities.com, www.nomuraholdings.com/company/group/asia/india/index.html, www.jmfl.com and www.db.com/India, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, refer to the Red Herring Prospectus which may be filed with the Registrar of Companies in the future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision. The Equity Shares offered in the Fresh Issue (as defined in the DRHP) and the Offer for Sale (as defined in the DRHP) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Accordingly, the Equity Shares are only being offered and sold (i) within the United States only to “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) in transactions exempt from, or not subject to, the registration requirements under the Securities Act, and (ii) outside the United States in offshore transactions in reliance on Regulation S under the Securities Act and pursuant to the applicable laws of the jurisdictions where those offers and sales are made. There will be no public offering of the Equity Shares in the United States. Contact Details Anupriya +91 97911 63065 anupriya.d@oyorooms.com Company Website https://www.oyorooms.com/

March 20, 2024 11:00 AM Eastern Daylight Time

MYBUNDLE SELECTED BY CONSOLIDATED COMMUNICATIONS TO PROVIDE CUSTOMERS WITH MORE TV CHOICES; CONTINUING THEIR STREAMING FUTURE WITH NEW PARTNERSHIP

MyBundle

MyBundle, the premier online platform connecting consumers, streaming services and broadband providers with tools to simplify streaming television, was selected by Consolidated Communications (NASDAQ: CNSL), a top 10 fiber provider in the U.S., to offer customers more choice to meet their evolving TV tastes. Consolidated is partnering with MyBundle to launch tools and educate its customers on how best to swap traditional TV for a streaming alternative based on the channels each customer needs, offering personalized recommendations on a 1x1 basis. MyBundle will help Consolidated and Fidium Fiber customers navigate an increasingly complicated streaming marketplace with MyBundle’s suite of streaming tools. With today’s agreement, MyBundle has deals in place with nearly 220 broadband providers in the United States serving approximately 13 million customers. “Consolidated’s commitment to providing the right solutions for our customers with simple options, like our Fidium Fiber internet services, guided our decision to partner with MyBundle,” said Rob Koester, senior vice president of product management for Consolidated. “As the TV landscape changes rapidly, it’s important to have a partner who provides the tools necessary for selecting and getting the most out of streaming options that work for our customers.” “MyBundle is the partner of choice for leading-edge and forward-looking broadband providers, such as Consolidated, looking to take advantage of this new era of streaming to grow and excite their broadband customer bases,” said MyBundle Co-Founder and CEO, Jason Cohen. “MyBundle increases customer satisfaction through education and awareness of how streaming services can save a ton of money for the vast majority of households, whether that be Live TV or on-demand content.” MyBundle offers an integrated billing platform and co-branded streaming video tools and services for broadband and multichannel video providers.Sitting at the cross-section of consumers looking to explore and optimize their streaming service subscriptions, broadband providers looking to deliver choice to current and prospective customers and streaming services looking for efficient ways to reach new customers, MyBundle reduces friction and increases satisfaction for the ever-growing and dynamic streaming video ecosystem. About MyBundle MyBundle is the industry-leading consumer and enterprise platform simplifying streaming TV. MyBundle’s free and easy-to-use tools help consumers discover and manage their streaming service subscriptions, watch free live TV, and find content to watch across their services. Incorporating more than 150 streaming services and partnering with nearly 220 broadband providers serving approximately 13 million customers and growing, the MyBundle platform helps consumers navigate the streaming video world and creates new growth opportunities for programmers and high-speed data distributors alike. About Consolidated Communications Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) is dedicated to moving people, businesses and communities forward by delivering the most reliable fiber communications solutions. Consumers, businesses and wireless and wireline carriers depend on Consolidated for a wide range of high-speed internet, data, phone, security, cloud and wholesale carrier solutions. With a network spanning nearly 60,000 fiber route miles, Consolidated is a top 10 U.S. fiber provider, turning technology into solutions that are backed by exceptional customer support. Contact Details Becker PR for MyBundle Eric Becker +1 303-638-3469 press@mybundle.tv Consolidated Communications Nicole Elton +1 510-316-1430 nicole.elton@consolidated.com Company Website https://mybundle.tv/

March 20, 2024 11:00 AM Eastern Daylight Time

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Atlantic Lithium set to hit several milestones at Ewoyaa

Atlantic Lithium Ltd

Atlantic Lithium Ltd (ASX:A11 AIM:ALL) head of business development and chief geologist Len Kolff sits down with Jonathan Jackson in the Proactive studio to recap the mining lease granted for the Ewoyaa Lithium Project in Ghana and what this means for the company. The lease has opened the door for the company to achieve several strategic milestones anticipated this year. Kolff outlined forthcoming steps, including Environmental Protection Agency (EPA) approval, parliamentary ratification of the mining lease and securing the mine operating permit. With robust local stakeholder backing, these phases are advancing smoothly, aligning with the company's timeline to break ground in late 2024. Kolff highlights the Ewoyaa Lithium Project's recognition as a globally significant, low-cost hard rock lithium asset, reflecting its appeal through the active offtake partnering process. This process is crucial for financing the development expenditures of the project, with expectations to finalise it soon. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 20, 2024 10:30 AM Eastern Daylight Time

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Lithium Australia and MinRes forge ahead with LieNA® pilot program

LITHIUM AUSTRALIA LIMITED

Lithium Australia Ltd (ASX:LIT) managing director Simon Linge discusses with Proactive’s Jonathan Jackson progress on its Mineral Resources Ltd partnership having embarked on a pilot program for LieNA® processing technology. Linge elaborates on the joint development agreement, underscoring the technology's ability to recover lithium from mining waste, potentially transforming waste management and lithium extraction in the mining industry. The pilot is being conducted in collaboration with the Australian Nuclear Science and Technology Organisation (ANSTO), and aims to scale up the lab-tested LIT LieNA® technology, which has shown promising results in extracting high-quality lithium. This initiative is pivotal to refining the process and preparing for a larger-scale demonstration, with ANSTO providing crucial support in process development and research services. The outcomes of this pilot program will guide the engineering study for a demonstration plant, possibly leading to independent development and operation by MinRes. The collaboration is poised to commercialise LieNA® through a licensing model, aiming for a 50:50 joint venture that will manage the technology's global licensing, with a focus on greenfield and brownfield spodumene mines. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 20, 2024 10:20 AM Eastern Daylight Time

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Rivian Reveals New R2 SUV Model: Electric Vehicles Charging into the Future:

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/eb79IsinBNI Ready to charge into the future? The market for electric vehicles (EVs) has grown rapidly in recent years and according to Kelley Blue Book, in 2023 a record 1.2 million EVs were sold in the US in 2023. EV’s are truly bringing about a new era in automotive innovation. Rivian established its brand with the R1T and R1S, two award-winning vehicles for safety and performance, and on March 7, they shared a first look at R2, its midsize SUV that will make Rivian accessible to even more people. Expected to start around $45,000, R2 combines powerful performance, thoughtful design, and utility in a five-seat package optimized for big adventures and everyday use.R2's four passenger windows and rear powered glass drop fully, and the powered rear quarter windows vent to invite the outside in, creating a unique open-air driving experience. With an extreme focus on rear passenger legroom, even long trips in R2 are comfortable. With ample sized front and rear trunks and additional interior storage, there is space for everyone and all their gear. A nationwide media tour was conducted on March 8th featuring Tony Caravano, Head of Community Engagement at Rivian. During the media tour interview Tony Caravano discussed: · Ownership benefits of EV’s · Details and background about Rivian and the new R2. · What sets Rivian vehicles apart in the EV space. · Highlights of the R2 ownership experience For more information, visit RIVIAN.COM/R2 Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

March 20, 2024 10:00 AM Eastern Daylight Time

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NMTC Coalition Applauds Tax Credit Permanence in FY2025 Budget Proposal

New Markets Tax Credit Coalition

On March 11, 2024, the Biden Administration released its FY2025 budget proposal. The budget includes a permanent extension of the New Markets Tax Credit at $5 billion a year in the annual allocation authority with an inflation adjustment in the out years. In 2019, Congress increased the annual allocation of NMTC credits to $5 billion, and in 2020, Congress enacted a five-year extension of the NMTC, the largest in the program’s history. The program, however, is set to expire in 2025 unless extended or made permanent. “The New Markets Tax Credit has been and remains absolutely vital for many of America’s urban neighborhoods and rural communities and provides billions of dollars for high-impact, community revitalization projects,” said Bob Rapoza, spokesperson for the NMTC Coalition. “Over the years, the credit has been instrumental in financing plant and equipment for small manufacturing businesses and patient, flexible capital to other small businesses, hospitals, healthcare centers, homeless shelters and other transformative projects that improve communities, and create jobs and economic opportunity. We applaud the President’s leadership and commitment to this important program, as well as the bipartisan support of leaders in both chambers.” All NMTC projects are in low-income communities, and the vast majority of NMTC investments are located in communities where the magnitude of economic distress far exceeds the statutory requirements for qualified investments. NMTC allocation applicants face stiff competition. In 2023, applicants requested more than $14 billion in awards, nearly three times the amount available. The application rewards community development entity applicants who propose investments in areas of severe distress. While all NMTC projects must be located in qualified low-income communities, and according to NMTC Coalition survey data and CDFI Fund transaction data, roughly 75 to 85 percent are located severely distressed census tracts with extremely high poverty and unemployment rates. During this Congress, both the Senate and House introduced bills (S. 234 and H.R. 2539) with bipartisan support to make the NMTC extension permanent. Throughout its 20-year history, the NMTC has delivered more than $125 billion to rural and urban communities outside the economic mainstream, which has led to financing to more than 8,000 businesses and projects and over one million jobs. “Establishing the NMTC as a permanent part of the tax code, as proposed by the President in his budget request, will provide certainty and further promote getting patient, flexible capital to low-income and marginalized communities, creating jobs, increasing economic opportunity, and improving lives at a time when the economic frailty of our underserved communities has never been more apparent,” said Rapoza. Established in 2000 in the Community Renewal Tax Relief Act (P.L.106-554), the New Markets Tax Credit is a bipartisan effort to stimulate investment and economic growth in low-income urban neighborhoods and rural communities. For examples of how the NMTC is making an impact in each state, see the NMTC Coalition’s website, where you can find more than 2,500 NMTC success stories organized by state and congressional district. About New Markets Tax Credit Program The New Markets Tax Credit (NMTC) was enacted in 2000 to stimulate private investment and economic growth in low-income urban neighborhoods and rural communities that lack access to the patient capital needed to support and grow businesses, create jobs, and sustain healthy local economies. Since its inception, the NMTC has generated more than one million jobs. Today, due to the NMTC, more than $125 billion is hard at work in underserved communities in all 50 states, the District of Columbia, Guam, and Puerto Rico. For more information, visit www.NMTCCoalition.org. Contact Details Greg Wilson +1 571-239-7474 gregwilsonpr@gmail.com Company Website https://nmtccoalition.org/

March 20, 2024 09:38 AM Eastern Daylight Time

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