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Sources: Struggling Kings fire Mike Brown
Yankees Social Media Spotlight: Yuletide EditionTUMI celebrates joy of coming together for the holidaysTHE WOODLANDS, TX, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Autonomix Medical, Inc. (NASDAQ: AMIX) ("Autonomix” or the "Company”), a medical device company focused on advancing precision nerve-targeted treatments, today announced the closing of its previously announced underwritten public offering of common stock units and pre-funded warrant units for aggregate gross proceeds of approximately $10.0 million, prior to deducting underwriting discounts and commissions and offering expenses, which amount includes the partial exercise of the over-allotment option granted to the underwriter. The equity offering was comprised of 615,500 common stock units (which included 156,809 common stock units issued upon exercise of the underwriter's over-allotment option) and 917,596 pre-funded warrant units, priced at a public offering price of $6.54 per common stock unit and $6.539 per pre-funded warrant unit. Each common stock unit and pre-funded warrant unit consisted of one share of common stock (or, in lieu of common stock, a pre-funded warrant to purchase one share of common stock at an exercise price of $0.001) and one warrant to purchase one share of common stock that expires on the five-year anniversary of the date of issuance (a "Series A Warrant"). The exercise price for the Series A Warrant is $6.54 per share. The warrants issued in this transaction were fixed priced and do not contain any variable pricing features. The securities comprising the units were immediately separable and were issued separately. Ladenburg Thalmann & Co. Inc. acted as the sole bookrunning manager for the offering. The Company intends to use the net proceeds from this offering to fund its clinical trial, for other research and development, for development of intellectual property, and for working capital. The securities described above were offered by the Company pursuant to a registration statement on Form S-1 (No. 333-282940), which was declared effective by the Securities and Exchange Commission (the "SEC”) on November 22, 2024. The offering was made solely by means of a prospectus. A final prospectus relating to and describing the terms of the offering was filed with the SEC on November 25, 2024 and is available on the SEC's website at http://www.sec.gov. Electronic copies of the final prospectus may be obtained from Ladenburg Thalmann & Co. Inc., 640 Fifth Avenue, 4th Floor, New York, New York 10019, or by telephone at (212) 409-2000, or by email at [email protected] . This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. About Autonomix Medical, Inc. Autonomix is a medical device company focused on advancing innovative technologies to revolutionize how diseases involving the nervous system are diagnosed and treated. The Company's first-in-class platform system technology includes a catheter-based microchip sensing array that may have the ability to detect and differentiate neural signals with approximately 3,000 times greater sensitivity than currently available technologies. We believe this will enable, for the first time ever, transvascular diagnosis and treatment of diseases involving the peripheral nervous system virtually anywhere in the body. We are initially developing this technology for the treatment of pain, with initial trials focused on pancreatic cancer, a condition that causes debilitating pain and is without a reliable solution. Our technology constitutes a platform to address dozens of indications, including cardiology, hypertension and chronic pain management, across a wide disease spectrum. Our technology is investigational and has not yet been cleared for marketing in the United States. Forward Looking Statements Some of the statements in this release are "forward-looking statements,” which involve risks and uncertainties. Forward-looking statements in this press release include, without limitation the use of the anticipated proceeds from the offering. Such forward-looking statements can be identified by the use of words such as "should,” "might,” "may,” "intends,” "anticipates,” "believes,” "estimates,” "projects,” "forecasts,” "expects,” "plans,” and "proposes.” Although Autonomix believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors” and elsewhere in the Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC”) on May 31, 2024, and from time to time, our other filings with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained and Autonomix does not undertake any duty to update any forward-looking statements except as may be required by law. Investor and Media Contact JTC Team, LLC Jenene Thomas 908-824-0775 [email protected]
NoneTo some crime news and a WA man who allegedly had an hour’s worth of child exploitation videos on his phone will appear in court today. An AFP investigation began in November after the 24-year-old man arrived at Perth International Airport following a holiday in the Philippines. The man and his luggage were examined by Australian Border Force officers, who allegedly found 21 videos containing child abuse material on his phone. He was taken to Perth Watch House before being charged with one count of possessing child exploitation material and released on bail. The maximum penalty for the offence is seven years’ imprisonment. AFP Detective Acting Superintendent Andrea Coleman said the victims suffered each time images or videos of their abuse was viewed or downloaded “To those who wish to prop up this vile industry for their own gratification – the AFP and its partners will find you,” she said. ABF Acting Superintendent John Sweet said protecting the most vulnerable members of the community from the “abhorrent” industry would always be a priority. Here’s what’s making headlines today: It’s a top of 29 degrees today, with next week’s forecast looking well and truly like summer. Good morning all and welcome to this week’s last live blog! This morning, court reporter Rebecca Peppiatt has revealed The jury delivered a guilty verdict on Thursday afternoon, ending a trial that lasted several months. Politics reporter Hamish Hastie has written that Today, his 10 Things column was still there, but it was right next to a similar one written by Deputy Premier Rita Saffioti. And, in case you missed it yesterday, a Bunbury woman who was awarded more than a million dollars in damages after successfully claiming she had suffered injury as a result of eating hot chips laced with caustic soda, Stay with us as more news breaks.
SAN DIEGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Aehr Test Systems, Inc. AEHR securities between January 9, 2024 and March 24, 2024. Aehr provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, and package part form, and installed systems worldwide. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Aehr Test Systems, Inc. (AEHR) Failed to Disclose Delays in Customer Orders According to the complaint, during the class period, defendants failed to disclose that contrary to prior representations to investors, Aehr was continuing to experience substantial delays in customer orders, which was likely to have a material negative impact on the Company's revenue growth, and therefore, the Company's business and/or financial prospects were overstated. The complaint alleges that when Aehr announced its disappointing preliminary fiscal Q3 2024 financial results on March 5, 2024, the Company's stock fell over 22%, to close at $11.37 per share on March 25, 2024. What Now : You may be eligible to participate in the class action against Aehr Test Systems, Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by February 3, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against Aehr Test Systems, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. Contact: Aaron Dumas, Jr. Robbins LLP 5060 Shoreham Pl., Ste. 300 San Diego, CA 92122 adumas@robbinsllp.com (800) 350-6003 www.robbinsllp.com https://www.facebook.com/RobbinsLLP/ https://www.linkedin.com/company/robbins-llp/ A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/db7c87a0-7203-449c-a05d-b7e39025624c © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Taxidriver put behind barsShlomo Nehama Steps Down as Chairman of the Board of Ellomay Capital Ltd.
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During the presidential campaign of former President Muhammadu Buhari, Mr. Babatunde Raji Fashola, hailed as the golden boy of the party, repeatedly emphasized the urgency of addressing Nigeria’s power challenges. At various public events, including the 7th Annual Colloquium in Lagos, Fashola asserted that the ineptitude of the previous administration should not be repeated, boldly stating that “Any serious government can fix the power problem within six months.” Nigerians placed their trust in him, influenced by the transformation witnessed under his leadership in Lagos between 2007 and 2015. In 2014, during a significant ceremony held at the Blue Roof, Lagos Television premises, to mark Mr. Fashola’s 2,600 days in office, he made a bold assertion: “The only way to get uninterrupted electricity supply in the country is to vote out the ruling Peoples Democratic Party (PDP) in the forthcoming 2015 general elections.” This statement was backed by his notable achievements, including effectively handling the Ebola crisis and creating approximately 500,000 jobs for the citizens of Lagos State over eight years. Mr. Fashola’s administration also left a lasting legacy with the construction of three bridges, including the iconic Lekki-Ikoyi link bridge, and the completion of five (5) Independent Power Projects, notably the one at Alausa, which significantly reduced reliance on generators. Given his impressive track record, it’s understandable why many believed in Fashola’s assurance that the ruling party would address the national power grid issues and ensure adequate power supply to the people. The country is in dire need of an immediate solution to its power supply issues. Many young citizens possess the drive and passion to contribute to the nation’s development, yet they are hindered by the lack of adequate power supply. Without reliable electricity, aspiring entrepreneurs find it exceedingly difficult to establish and sustain businesses, such as operating POS services, due to frequent power outages and the inability to charge devices. The current state of total darkness or erratic power supply significantly hampers the growth of small and medium-scale enterprises. It’s crucial to recognize that no nation can achieve sustainable growth and development without ensuring reliable access to power. The Egypt Megaproject stands as a testament to Siemens’ historic achievement, delivering 14.4 GW of power capacity to Egypt’s grid in a record-setting 27.5 months from financial closure. This monumental endeavor not only alleviated persistent power shortages but also propelled Egypt toward long-term power security, crucial for industrial growth. Additionally, the swift completion of two simple cycle power plants in Assiut and West Damietta, totaling 1,500 MW, within just eight months in 2015, further exemplifies the efficacy of visionary leadership and practical implementation. While comparing ourselves to China’s Belt and Road Initiative may seem ambitious, studying such initiatives could offer valuable insights into addressing our own challenges with consistent power shortages. It is evident that effective leadership is paramount in driving the reform agenda for our country, and the support of the people is crucial in this journey towards a greater Nigeria. The Ministry of Communication, Innovation and Digital Economy deserves commendation for its proactive measures, including the introduction of the 3 Million Technical Talent (3MTT) Program. This initiative has been well-received by Nigerians as it offers a promising platform for success in the IT sector. However, to truly maximize the impact of such programs, reliable electricity is indispensable. Access to power is essential for powering up gadgets and enabling active participation in training programs. Therefore, it is imperative that efforts to improve electricity supply align with the goals of the ministry to ensure the success of initiatives aimed at empowering Nigerians in the digital age. When the current minister was appointed, his first initiative was to start a weekly political socio-event, capturing all his former political associates from his former political party. This went on for months, neglecting the core mandate given to him by the presidency. It raises questions about the minister’s understanding of the urgency and uniqueness of the ministry’s challenges, as evident in his preoccupation with political mandates extending far beyond his current tenure. The current minister is not in sync with the presidency’s renewed hope agenda. The country needs an urgent solution but often times when we see the minister appear in a gathering, it has always been in a political setting which wouldn’t have a positive impact on the general populace. The will and experience aren’t there and neither of the two can be forced into a man’s ability. Given the critical nature of this ministry, it was a mistake to treat it as a trial-and-error endeavor. It is evident that the current minister is completely bewildered. This calls for a reassessment of our approach. Despite numerous challenges, the Transmission Company of Nigeria has failed to fulfill its mandate of efficiently transmitting power from generating stations to the people. Presently, the country boasts an installed power capacity of 12-16,000MW, yet even if we assume we’re generating 50% of this capacity, roughly 7GW, the transmission network has only managed to transmit about 4-5GW of power over the last eight years. This stagnant performance underscores the dire need for structural reforms within the agency. Given the pressing necessity for change, the co-ordinating minister should prioritize a comprehensive overhaul or restructuring of the agency. Egypt’s energy strategy has evolved beyond thermal stations, with a concerted effort to diversify into renewable sources. Beginning in 2016, the government prioritized solar, wind and conventional power, incorporating gas turbines while halting the development of hydropower stations. During the period from 2010 to 2022, significant progress was made, adding 16GW of power, largely attributed to wind and solar energy. Given the immense potential and demand in this sector, it is crucial to appoint a leader who not only comprehends the role but also possesses a resolute and non-controversial demeanor. The advancement proposed could significantly benefit small and medium-scale enterprises (SMEs), but it is essential for the president to take decisive action and assume control of the ministry. The progressives, typically afforded considerable leniency, have expressed dissatisfaction with the ministry’s performance thus far. It’s crucial to communicate the citizens’ discontent to the presidency promptly. There’s still ample opportunity to enact meaningful changes and rectify the course. However, failure to address the shortcomings of the ministry could have dire consequences. The country has been experiencing total grid collapse since time immemorial, however, between 2017 and 2023, the nation witnessed 46 grid collapses. It is accounted that in 2023 alone, the grid collapsed 12 times, accounting for 26%. The data received in performance hasn’t improved and if proper analysis of the Disco’s are examined also, it will equally give the same retrogressive output. No nation that is desirous of progress can actually achieve such with the present state of things. In the latest data released by the Nigeria Electricity Regulatory Commission, NERC, most Discos have low performance in cash collection with very high billing efficiency, which has a very adverse effect on the AT & C losses of the companies. Oftentimes, there are regulations to improve the performance of the distribution companies but the major stumbling blocks are still with the government. If urgent action is not taken, we will continue to drag the same issues in 2027. Tunisia with a vision has recently concluded a plan to embark on a special power project called Tunisia-Italy Interconnector (ELMED). The ELMED Interconnector Project is a planned bi-directional power exchange link between Italy and Tunisia. The 600MW capacity project will be the first direct current connection between Europe and Africa. These are the kinds of initiatives that we know President Asiwaju for but unfortunately, no one can drive it in the Ministry of Power. Solutions to each of the various value chains in the power sector must be itemized and implemented as soon as possible, to guarantee adequate and uninterrupted power supply to the country. The citizens of the country want to stay back and develop their nation, which will give them the chance to compete with the rest of the world, but they need an adequate power supply. The only hope that they have is the belief that your capability is undoubted to deliver the renewed hope agenda. The young Nigerians who will benefit through the enormous jobs are counting on you while the SMEs don’t want to lose hope either. *Opeyemi writes from Lagos (Twitter: EquityOyo)
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hapabapa/iStock Editorial via Getty Images Portfolio Sector: Financials Today's article is part of my new ongoing series on Seeking Alpha called The Whole Investor: Growing a Future-Minded Portfolio. With a strategy of portfolio diversification, today's article focuses on the banking Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.