The Top Ten Open Source Boilerplates of 2024BLM local briefs 12/11
SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by Natixis Advisors LLCOptiSigns to Showcase Cutting-Edge Digital Signage Solutions at the Digital Signage Experience 2024 in Las Vegas
Jennison Associates LLC bought a new stake in shares of BridgeBio Pharma, Inc. ( NASDAQ:BBIO – Free Report ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 30,119 shares of the company’s stock, valued at approximately $767,000. Other large investors have also bought and sold shares of the company. Bfsg LLC lifted its holdings in BridgeBio Pharma by 175.6% in the 2nd quarter. Bfsg LLC now owns 1,240 shares of the company’s stock valued at $31,000 after acquiring an additional 790 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of BridgeBio Pharma in the 2nd quarter worth approximately $48,000. Values First Advisors Inc. bought a new stake in shares of BridgeBio Pharma in the 3rd quarter worth approximately $57,000. CWM LLC lifted its stake in BridgeBio Pharma by 132.9% during the third quarter. CWM LLC now owns 3,442 shares of the company’s stock valued at $88,000 after purchasing an additional 1,964 shares during the last quarter. Finally, Amalgamated Bank boosted its holdings in BridgeBio Pharma by 24.7% during the second quarter. Amalgamated Bank now owns 4,863 shares of the company’s stock worth $123,000 after buying an additional 962 shares in the last quarter. Institutional investors own 99.85% of the company’s stock. BridgeBio Pharma Stock Performance BridgeBio Pharma stock opened at $23.42 on Friday. BridgeBio Pharma, Inc. has a twelve month low of $21.62 and a twelve month high of $44.32. The firm has a market cap of $4.43 billion, a PE ratio of -9.72 and a beta of 1.09. The firm’s 50 day moving average price is $24.96 and its two-hundred day moving average price is $26.25. Analysts Set New Price Targets Get Our Latest Analysis on BridgeBio Pharma Insider Activity In related news, CEO Neil Kumar sold 27,389 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $22.41, for a total value of $613,787.49. Following the completion of the sale, the chief executive officer now owns 4,897,443 shares of the company’s stock, valued at approximately $109,751,697.63. The trade was a 0.56 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link . Also, major shareholder Genetic Disorder L.P. Kkr sold 5,800,000 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $25.75, for a total transaction of $149,350,000.00. Following the transaction, the insider now directly owns 25,260,971 shares in the company, valued at approximately $650,470,003.25. The trade was a 18.67 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 5,831,545 shares of company stock worth $150,056,923 in the last ninety days. Corporate insiders own 24.66% of the company’s stock. About BridgeBio Pharma ( Free Report ) BridgeBio Pharma, Inc, a commercial-stage biopharmaceutical company, discovers, creates, tests, and delivers transformative medicines to treat patients who suffer from genetic diseases and cancers. Its products in development programs include AG10, a next-generation oral small molecule near-complete TTR stabilizer that is in Phase 3 clinical trial for the treatment of TTR amyloidosis, or transthyretin amyloid cardiomyopathy (ATTR-CM); low-dose infigratinib, an oral FGFR1-3 selective tyrosine kinase inhibitor, which is in Phase 3 double-blinded, placebo-controlled pivotal study for the treatment option for children with achondroplasia; and BBP-631, an AAV5 gene transfer product candidate that is in Phase 1/2 clinical trial for the treatment of congenital adrenal hyperplasia, or CAH, driven by 21-hydroxylase deficiency, or 21OHD. Featured Stories Receive News & Ratings for BridgeBio Pharma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BridgeBio Pharma and related companies with MarketBeat.com's FREE daily email newsletter .Ruling on Monday after an emergency hearing at Belfast High Court, judge Mr Justice McAlinden rejected loyalist activist Jamie Bryson’s application for leave for a full judicial review hearing against Northern Ireland Secretary Hilary Benn. The judge said Mr Bryson, who represented himself as a personal litigant, had “very ably argued” his case with “perseverance and cogency”, and had raised some issues of law that caused him “some concern”. However, he found against him on the three grounds of challenge against Mr Benn. Mr Bryson had initially asked the court to grant interim relief in his challenge to prevent Tuesday’s democratic consent motion being heard in the Assembly, pending the hearing of a full judicial review. However, he abandoned that element of his leave application during proceedings on Monday, after the judge made clear he would be “very reluctant” to do anything that would be “trespassing into the realms” of a democratically elected Assembly. Mr Bryson had challenged Mr Benn’s move to initiate the democratic consent process that is required under the UK and EU’s Windsor Framework deal to extend the trading arrangements that apply to Northern Ireland. The previously stated voting intentions of the main parties suggest that Stormont MLAs will vote to continue the measures for another four years when they convene to debate the motion on Tuesday. After the ruling, Mr Bryson told the court he intended to appeal to the Court of Appeal. Any hearing was not expected to come later on Monday. In applying for leave, the activist’s argument was founded on three key grounds. The first was the assertion that Mr Benn failed to make sufficient efforts to ensure Stormont’s leaders undertook a public consultation exercise in Northern Ireland before the consent vote. The second was that the Secretary of State allegedly failed to demonstrate he had paid special regard to protecting Northern Ireland’s place in the UK customs territory in triggering the vote. The third ground centred on law changes introduced by the previous UK government earlier this year, as part of its Safeguarding the Union deal to restore powersharing at Stormont. He claimed that if the amendments achieved their purpose, namely, to safeguard Northern Ireland’s place within the United Kingdom, then it would be unlawful to renew and extend post-Brexit trading arrangements that have created economic barriers between the region and the rest of the UK. In 2023, the UK Supreme Court unanimously ruled that the trading arrangements for Northern Ireland are lawful. The appellants in the case argued that legislation passed at Westminster to give effect to the Brexit Withdrawal Agreement conflicted with the 1800 Acts of Union that formed the United Kingdom, particularly article six of that statute guaranteeing unfettered trade within the UK. The Supreme Court found that while article six of the Acts of Union has been “modified” by the arrangements, that was done with the express will of a sovereign parliament, and so therefore was lawful. Mr Bryson contended that amendments made to the Withdrawal Agreement earlier this year, as part of the Safeguarding the Union measures proposed by the Government to convince the DUP to return to powersharing, purport to reassert and reinforce Northern Ireland’s constitutional status in light of the Supreme Court judgment. He told the court that it was “quite clear” there was “inconsistency” between the different legal provisions. “That inconsistency has to be resolved – there is an arguable case,” he told the judge. However, Dr Tony McGleenan KC, representing the Government, described Mr Bryson’s argument as “hopeless” and “not even arguable”. He said all three limbs of the case had “no prospect of success and serve no utility”. He added: “This is a political argument masquerading as a point of constitutional law and the court should see that for what it is.” After rising to consider the arguments, Justice McAlinden delivered his ruling shortly after 7pm. The judge dismissed the application on the first ground around the lack consultation, noting that such an exercise was not a “mandatory” obligation on Mr Benn. On the second ground, he said there were “very clear” indications that the Secretary of State had paid special regard to the customs territory issues. On the final ground, Justice McAlinden found there was no inconsistency with the recent legislative amendments and the position stated in the Supreme Court judgment. “I don’t think any such inconsistency exists,” he said. He said the amendments were simply a “restatement” of the position as set out by the Supreme Court judgment, and only served to confirm that replacing the Northern Ireland Protocol with the Windsor Framework had not changed the constitutional fact that Article Six of the Acts of Union had been lawfully “modified” by post-Brexit trading arrangements. “It does no more than that,” he said. The framework, and its predecessor the NI Protocol, require checks and customs paperwork on goods moving from Great Britain into Northern Ireland. Under the arrangements, which were designed to ensure no hardening of the Irish land border post-Brexit, Northern Ireland continues to follow many EU trade and customs rules. This has proved highly controversial, with unionists arguing the system threatens Northern Ireland’s place in the United Kingdom. Advocates of the arrangements say they help insulate the region from negative economic consequences of Brexit. A dispute over the so-called Irish Sea border led to the collapse of the Northern Ireland Assembly in 2022, when the DUP withdrew then-first minister Paul Givan from the coalition executive. The impasse lasted two years and ended in January when the Government published its Safeguarding the Union measures. Under the terms of the framework, a Stormont vote must be held on articles five to 10 of the Windsor Framework, which underpin the EU trade laws in force in Northern Ireland, before they expire. The vote must take place before December 17. Based on the numbers in the Assembly, MLAs are expected to back the continuation of the measures for another four years, even though unionists are likely to oppose the move. DUP leader Gavin Robinson has already made clear his party will be voting against continuing the operation of the Windsor Framework. Unlike other votes on contentious issues at Stormont, the motion does not require cross-community support to pass. If it is voted through with a simple majority, the arrangements are extended for four years. In that event, the Government is obliged to hold an independent review of how the framework is working. If it wins cross-community support, which is a majority of unionists and a majority of nationalists, then it is extended for eight years. The chances of it securing such cross-community backing are highly unlikely.OrthoPediatrics stock hits 52-week low at $22.39
Looks like wedding bells are ringing for the two-time Olympic medallist badminton player PV Sindhu . As per reports, she is gearing up to tie the knot on December 22 in Udaipur. The former world champion, who sought victory at the Syed Modi International in Lucknow on Sunday, is preparing to tie the knot with Hyderabad-based Venkata Datta Sai, an Executive Director at Posidex Technologies . In an interview with PTI, the shuttler’s father, PV Ramana shared that the two families knew each other but it was only a month ago that everything was finalised. He further added that this was the only possible window as her schedule would become hectic from January. Hence, the two families decided to have the marriage ceremony on December 22. The reception will be held in Hyderabad on December 24. As per reports, the wedding-related festivities will kickstart on December 20. Who is Venkata Datta Sai? Venkata Datta Sai currently holds the position of Executive Director at Posidex Technologies. As per the information available on LinkedIn, he has completed his Diploma in Liberal Arts and Sciences/Liberal Studies from the Foundation of Liberal and Management Education. He earned his Bachelor of Business Administration (BBA) in Accounting and Finance from Pune’s FLAME University in 2018, followed by a Master's degree in Data Science and Machine Learning from the International Institute of Information Technology, Bengaluru. Venkata Datta Sai gained professional experience with JSW, where he served both as a summer intern and as an In-House Consultant. Reflecting on his time there, he shared on his LinkedIn profile that his BBA in finance and economics “pales in comparison to managing an IPL team”, but admitted to learning a lot from both of these experiences. Since 2019, Venkata Datta Sai has held the position of Managing Director at Sour Apple Asset Management while also serving as Executive Director at Posidex Technologies. In his roles, he has focused on developing innovative solutions to address complex challenges. His work has enabled critical operations at major banks, including HDFC and ICICI, streamlining processes like instant credit score matching for loans and credit cards. About ace-shuttler PV Sindhu PV Sindhu is celebrated as one of India’s most accomplished athletes, boasting five World Championship medals, including a gold in 2019, as well as Olympic silver and bronze medals. The badminton star achieved back-to-back Olympic podium finishes at Rio 2016 and Tokyo 2020 and reached a career-high world ranking of No. 2 in 2017. On Saturday, PV Sindhu and Lakshya Sen advanced to the finals of the Syed Modi International 2024 badminton tournament in Lucknow. Sindhu positioned herself to break a two-year title drought on the BWF World Tour with her impressive performance.
The ultimate good health gift guide: Boost your loved ones' wellbeing for 2025 with our health gurus' Christmas picksPresident-elect John Dramani Mahama Pledges Reforms and Unity to Rebuild Ghana
Run of Honor: Celebrating Army Veterans with Unity and Patriotism•says state IGR has increased by 82% since Adeleke took over The Osun State Government on Sunday criticized Reno Omokri for comparing Wizkid’s album revenue to the state’s Internally Generated Revenue (IGR), asserting that the IGR has increased by 82% since Governor Ademola Adeleke assumed office. This was in response to an online post by Omokri, where he wrote, “Please fact-check me: In two weeks, Wizkid’s Morayo album has generated more revenue than the total Internally Generated Revenue raised by Osun State in 2023.” Kosile Anike Stella, Special Assistant to Governor Ademola Adeleke on Revenue Matters, responded to Omokri’s claim in a statement issued in Osogbo, describing his assertion as unfortunate. She said, “Reno is not able to make logical arguments again since he has been out of political office rather chose to settle for illogical half statements in a bid to ride on Wizkid’s recently released album to attempt to gain relevance.” “For the record since inception of His Excellency’s Gov Adeleke’s tenure, the revenue of the State has seen a year on year increase from 9.7% increase in 2022 to 13.5 and 46% increase in 2023 and 2024 respectively and a 82% increase since 2021”. “It may be difficult for Mr Reno Omokri to know how 46 and 82% percent was arrived at, but critical thinkers and every other Nigerian knows data can be extrapolated. “Reno Omokri is comparing Apples with Oranges. Wizkid’s audience is all over the world and not Osun State residents only, and its even a person that is not able to think deep that will make such comparison”. “Christiano Ronaldo and Messi earns 213 and 130 million USD respectively yearly, that’s about 583 billion Naira, So Mr Reno Omokri will say Christiano Ronaldo and Messi should come to Nigeria to teach about 25 States whom their yearly independent revenue is not up to 581 Billion how to generate IGR.” “Similarly Jon Rahm despite not winning any tournament is the highest paid golfer 2024 (Forbes) with $218 million earnings, this is greater than self employed taxes of all states in Nigeria including Lagos from 2019 till date,” Stella wondered. NIGERIAN TRIBUNE Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more. Join our WhatsApp Channel now
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Kohl’s has a Food Network 10-piece ceramic cookware set for just $37 in a delicious Cyber Monday dealAmeriCorps NCCC AmeriCorps NCCC FEMA Corps team Arriving immediately in Florida after Hurricane Helene, their team of six members has been on the ground for the past two months. The AmeriCorps NCCC team is helping survivors connect to the resources they need by tabling at sites, canvassing neighborhoods, and more. They were previously in Selma, Ala., inspecting travel trailers and mobile housing units for water damage, decay, and other issues, helping supplement housing in areas facing housing shortages due to disaster impacts. The Leader Arwood is the AmeriCorps NCCC Team Leader and joined after graduating from American University in December 2023. Arwood was struggling to find a job that was both inspiring to work for and that he was qualified to hold when he found AmeriCorps. "The opportunities of AmeriCorps NCCC FEMA Corps were incredibly enticing," said Arwood, from Tennessee. "I was very interested in the chance to serve my country in such a unique way while also gaining valuable practical experience in an industry so interesting and robust as emergency management. AmeriCorps has put me in an incredible position both socially and professionally. Bayou 4 is composed of incredibly capable and compassionate members whose dedication to service and kindness is as palpable as admirable." Together with the team, Arwood is making a difference in affected communities. At the beginning of the deployment, the team spent most of the time registering survivors for support. Since deployment, the team has transitioned to canvassing neighborhoods to ensure that everyone in the community who needs assistance is registered. "The quick response and our team's efforts in supporting this response, led to many survivors being granted aid early in the recovery process, allowing for the community to move towards recovery." Passion Meets Opportunity Ernest is a Floridian who is helping his home state recover from the disasters. Before AmeriCorps, Ernest worked in retail while pursuing a degree from Florida State College. He chose to serve with AmeriCorps because emergency management was his passion. AmeriCorps service was an opportunity for Ernest to gain the experience needed to kickstart his career in emergency management. Ernest shares that his most memorable moment was when a small act of compassion gave survivors the hope they needed. "When I first got deployed to help with Hurricane Helene, I was stationed at a registration intake center," said Ernest. "A local florist gave us flowers she needed to get rid of, so our team set them at each table. About halfway through the day, a woman started to break down. She told me that she was putting on the bravest face ever since the disasters to get herself through the day. But, when she came in to get help, she was stunned to see the flowers. She was unsure where to go for help, but when she walked in and saw the flowers, she felt a sense of comfort that we would help her." Since deployment, Ernest has visited nearly 1,000 homes across communities and has helped more than 150 people register for disaster assistance. Finding Careers For Yana, AmeriCorps was an opportunity to find a carer pathway. Originally from Columbus, Ohio, Yana joined AmeriCorps NCCC after graduating from college. He decided to take a gap year before attending graduate school to help people in need and gain work experience. What he's learned is far more than experience. "There was this one interaction where I was so thankful for being there to help this survivor," said Yana. "When he first came in, he was extremely worried that he wouldn't get any aid due to not having things or not being qualified. I registered him and explained a bit of the process as far as I knew, which helped. Having heard that the aid he would be given was a grant to do with it what he needed it for - that his spending of the money wasn't tracked or needed to be sure for what it was given out for - he teared up knowing he was receiving the help he desperately needed. That moment, I was just grateful to be there and help this community member be relieved and grateful for the aid." This team's experience is one of many for AmeriCorps members. Through national service, Americans are provided the opportunity to explore careers beyond their work experience and education. Whether it's gaining skills in emergency management systems, using tools to repair roofs, or learning how to interact with people coping with unforeseen challenges, it's a chance to seek challenges and grow. Learn more about the more than 750 AmeriCorps members and AmeriCorps Seniors volunteers who have and continue to support disaster recovery after Hurricanes Helene and Milton. Attachment AmeriCorps NCCC CONTACT: National Service Press Office AmeriCorps (202) 766-2848 [email protected]WINNIPEG - Mike O’Shea stood in front of reporters Friday and kept his cool while answering questions about the Winnipeg Blue Bombers’ 41-24 Grey Cup loss to the Toronto Argonauts last weekend. Read this article for free: Already have an account? To continue reading, please subscribe: * WINNIPEG - Mike O’Shea stood in front of reporters Friday and kept his cool while answering questions about the Winnipeg Blue Bombers’ 41-24 Grey Cup loss to the Toronto Argonauts last weekend. Read unlimited articles for free today: Already have an account? WINNIPEG – Mike O’Shea stood in front of reporters Friday and kept his cool while answering questions about the Winnipeg Blue Bombers’ 41-24 Grey Cup loss to the Toronto Argonauts last weekend. The head coach was asked if he made a mistake keeping injured quarterback Zach Collaros in the game, why star running back Brady Oliveira didn’t get the ball more and whether a flawed game plan led to Winnipeg’s third consecutive championship loss. “As an entire team, we didn’t have our best game,” O’Shea said in his end-of-the-season press conference. “We didn’t lack effort. We didn’t lack desire. “We didn’t have our best game as an entire team. Three phases. Coaches — everybody. Me especially.” O’Shea admitted he missed calling a timeout in the fourth quarter when there were only 11 Blue Bombers on the field instead of 12. “I don’t get the count over the headset as quickly as I probably need to, we can’t count. As I’m seeing a guy come off, that’s the right time for that timeout that I should have used,” O’Shea said. He also said he should have used a challenge flag earlier on a play he didn’t identify, and checked on his players more during the game. But hindsight wouldn’t change his decision to put Collaros back in the game after the index finger on his throwing hand was cut deep when it hit a defender’s helmet. “He absolutely deserves every opportunity to lead this team,” O’Shea said. “From what I saw and from chatting with him very briefly, I felt really comfortable with that. I didn’t think it was going to be easy, but I thought it’s Zach, so...” The injury to Collaros’s finger happened late in the third quarter when the Blue Bombers were trailing the Argonauts 17-10. The veteran left the game and returned with a bandaged finger that needed five stitches and a numbing agent. He wore a glove on the hand and told reporters earlier this week it was difficult to grip the ball. Collaros said he warned receivers in the huddle his throws might not have the usual zip and they should be prepared to come back for the ball. “(I) saw him delivering the ball on the sidelines. Then you see him deliver a couple balls out there and some of them are pretty damn good, right?” O’Shea said. “The awareness of Zach to say to the receivers, ‘hey, work a little harder for me,’ I think it’s natural and what should be said. I think they already know that.” When Collaros re-entered the game, he threw interceptions in back-to-back series. “On one of them he got rid of the ball and I thought it was a good ball and the defensive player made a good play,” O’Shea said of the picks. “One slipped right out of his hand or I don’t know if it got tipped or not. You’ve got to give him that opportunity.” Oliveira was questioning his lack of opportunities in the game when he spoke to reporters earlier in the week. The CFL’s newly minted most outstanding player and top Canadian only had 11 carries for 84 yards and one late touchdown. About 17 or 18 run plays were called, O’Shea said. “One starts off with a procedure penalty in the first and then six of those get pulled because there’s X number of guys in the box or the read says this is not a run play anymore, this is now a pass play,” he said. “You call that many runs and then a pile of them get pulled because of the structure of the defence. That’s OK with me at that point.” O’Shea said Bombers offensive co-ordinator Buck Pierce has been granted permission to talk to CFL teams with head-coaching job openings. The B.C. Lions are reportedly interested in Pierce. The Edmonton Elks also have a vacant head coach spot. If Pierce doesn’t become a head coach, O’Shea said he wants him to stay in Winnipeg. He believes Pierce had the offence “extremely well-prepared” for the Grey Cup. “I’m never going to question the play-calling, and I think what’s going on here is we’re questioning,” O’Shea said. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. “We’re trying to find blame and fault when that’s nowhere in our DNA of how we built this eight, nine, 10 years ago. We’re starting to try and find all these answers and question all these people that were 0-4 and 2-6 and then 10-1, and we just didn’t play our best game.” The Bombers finished 11-7 and claimed the West Division title that earned them a fifth consecutive trip to the Grey Cup. They won the championship in 2019 and ’21, but lost 28-24 to the Montreal Alouettes last year and 24-23 to Toronto in 2023. “We’re the same group that got there, that went on a phenomenal run after a bad start, and a bad start for a lot of reasons that we overcame,” O’Shea said. “I just, I don’t question any of it. I look for answers, too. I watch the film over and over and over again. And look to already make notes on how we’re going to be better, how we’re going to get back there again.” This report by The Canadian Press was first published Nov. 22, 2024. Advertisement Advertisement
The Top Ten Open Source Boilerplates of 2024
NoneQuest Partners LLC Raises Holdings in Miller Industries, Inc. (NYSE:MLR)Roy Keane challenges football fan to 'wait for me in the car park' in angry confrontation
AUSTIN, Texas, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Molecular Templates, Inc. (Nasdaq: MTEM, “Molecular Templates,” or “MTEM” or the “Company”), a clinical-stage biopharmaceutical company focused on the discovery and development of proprietary targeted biologic therapeutics, known as engineered toxin bodies, to create novel therapies with potent and differentiated mechanisms of action for cancer, announced that it has received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on November 25, 2024. The notice indicated that MTEM is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the “Form 10-Q”), as described more fully in MTEM’s Form 12b-25 Notification of Late Filing (the “Form 12b-25”) filed with the Securities and Exchange Commission (the “SEC”) on November 15, 2024. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC. MTEM has until January 24, 2025 to submit a plan of compliance with respect to the notice. On November 25, 2024, MTEM also receive a notice with respect to its failure to maintain a $1.00 bid price in accordance with the Nasdaq Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) as the closing price of the Company’s common stock as reported by Nasdaq was less than $1.00 for the preceding 30 business days. In accordance with Nasdaq rules, MTEM has been provided a 180-calendar day compliance period, or until May 26, 2025, to regain compliance with the Minimum Bid Price Requirement. To regain compliance with the Minimum Bid Price Requirement, the closing bid price of the common stock must meet or exceed $1.00 per share for a minimum of 10 consecutive business days during the 180-calendar day compliance period. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii), if the price of the common stock is less than $0.10 during a compliance period, Nasdaq will issue a delisting determination for the common stock. At this time, the Company has not yet determined whether to appeal these notices, submit plans of compliance or to take other action to address these deficiencies. The notices have no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market. About Molecular Templates Molecular Templates is a clinical-stage biopharmaceutical company focused on the discovery and development of next-generation ADCs. Our drug platform technology, known as Engineered Toxin Bodies (ETBs), leverages the resident biology of a genetically engineered toxin payload to create novel therapies with potent and differentiated mechanisms of action for cancer and various disease indications. Forward-Looking Statements This press release contains forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995 (the “Act”). Molecular Templates disclaims any intent or obligation to update these forward-looking statements and claims the protection of the Act’s Safe Harbor for forward-looking statements. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations, future financial position, future compliance with Nasdaq listing requirements, prospects, plans and objectives of management are forward-looking statements. In addition, when or if used in this press release, the words “may,” “could,” “should,” “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “predict” and similar expressions and their variants, as they relate to Molecular Templates may identify forward-looking statements. Examples of such statements include, but are not limited to, statements regarding any future actions the Company may take regarding the notices received from Nasdaq, the future price of the Company’s common stock and the Company’s ability to maintain the listing of its common stock on Nasdaq or otherwise continue its operations. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Continued investment in the Company’s common stock is highly speculative at this point. Actual events or results may differ materially from those discussed in the forward-looking statements as a result of various factors including, but not limited to the following: the effects of the pending potential dissolution of the Company on its stockholders who are not currently expected to receive value for their shares of common stock; the continued availability of financing on commercially reasonable terms; whether Molecular Templates’ cash resources will be sufficient to fund any future operations; the results of MTEM’s clinical studies which may be unable to resume in the near-term; the ability to effectively operate MTEM and retain key employees post-MTEM’s previously announced restructuring and reductions in force; the ability of MTEM to maintain the continued listing of its common stock on Nasdaq; the ability of MTEM to resume its regular and required Exchange Act reporting obligations which the Company is currently unable to do; and those risks identified under the heading “Risk Factors” in Molecular Templates’ filings with the Securities and Exchange Commission, including its most recently filed Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 and any subsequently filed reports. Any forward-looking statements contained in this press release speak only as of the date hereof, and Molecular Templates specifically disclaims any obligation to update any forward-looking statement, whether because of new information, future events or otherwise. Contact Michelle Iwamoto-Fan michelle.iwamotofan@mtem.com
Last week, I visited Buenos Aires, Argentina, to speak about free markets and socialism at the Conservative Political Action Conference. It was a fitting location: Argentina is now Ground Zero for the revitalization of capitalism in the West. In a time when the right often laments "late stage capitalism" in terms reminiscent of Noam Chomsky, while the left laments the very existence of billionaires in the manner of Stalin targeting the kulaks, Argentina's experiment in liberty represents an audacious foray into the world of economic dynamism and innovation. ADVERTISEMENT Argentina has been, for decades, a basket case. In the early 20th century, thanks to a plethora of natural resources and a burgeoning Western constitutional structure, Argentina was one of the wealthiest countries on earth on a per capita basis. But from the 1940s on, Argentina began to pursue a policy of nationalist socialism: interior redistributionism and external protectionism, along with corrupt expropriation of property. The result was decades of stagnation. Dictator Juan Peron declared himself in favor of a "social market, putting capital to the service of the economy and the well-being of the people" -- pretty words that should sound familiar to economic populists of the left and right, and that should scare the hell out of everyone, given that Peronism led to the complete economic meltdown of the country. In fact, between 1980 and 2023, Argentina was one of the few countries in the West that saw a relative decrease in living standard: The time it takes to work to buy basic goods actually increased during that period. Finally, the Argentine people had enough. They elected as president Javier Milei, an audacious and magnetic Austrian school economist dedicated to free markets. "Viva la libertad, carajo!" he shouted while wielding a chainsaw -- signifying proposed cuts to government spending -- on the campaign trail. As Milei told the arrogant interventionists at Davos, "Economic freedom, limited government and unlimited respect for private property are essential elements for economic growth. The impoverishment produced by collectivism is not a fantasy, nor is it an inescapable fate. It's a reality that we Argentines know very well." Milei has pursued his vision with alacrity. And the results are nothing short of astonishing. While shouting "afuera!" he has cut the number of ministries from 18 to eight, fired members of the bloated public sector en masse and dumped the corrupt intermediaries in the welfare system. He has slashed the budget by 32%, brought a fiscal surplus for the first time in years, and brought inflation down from a month-on-month rate of 25% to 2%. The stock market has skyrocketed; investors are once again looking at Argentina as a target for their money. That's because Javier Milei understands the power of liberty. ADVERTISEMENT Now the rest of the West must follow. For too long, the West has followed the fallacy-ridden economic philosophy of John Maynard Keynes, who preached government interventionism and redistributionism as a corrective to the animal forces of free markets. And the result has been stagnation, unsustainable debt and, finally, radical inflation. Javier Milei shows it doesn't have to be this way. So do Argentines. Perhaps the most astonishing element of Milei's presidency is his continuing popularity. Tough economic measures often deliver short-term pain in favor of long-term health; that's what makes them so difficult to sustain in a democracy. But Argentines are clearly willing to take their medicine in order to ensure the possibility of a brighter future. Now it's time for the rest of the West to follow suit. Ben Shapiro is a nationally syndicated columnist.
God of War art director joins Naughty Dog following Netflix studio closure - Eurogamer
