CORNELIUS, N.C. and NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. ("Alpha Modus" or the “Company”), a technology company with a core focus on artificial intelligence in retail, is pleased to announce that the business combination between Insight Acquisition Corp. and Alpha Modus Corp. has closed, and Alpha Modus’s common stock and warrants will begin trading on the Nasdaq Global Market under the ticker symbols “AMOD” and “AMODW”, respectively, on Monday, December 16, 2024. In connection with the closing of the business combination, the combined company consummated and issued a secured convertible promissory note to an investor, in exchange for net proceeds of approximately $2.6 million, which will be used primarily to cover transaction costs and for working capital. The structure of the financing does not include commitment or warrant shares and is structured with the potential for an additional $5 million capital infusion for working capital purposes in the future. Advisors Maxim Group LLC served as capital markets advisor to Alpha Modus. Brunson Chandler & Jones, PLLC acted as legal counsel to Alpha Modus. Loeb & Loeb LLP served as legal counsel to Insight Acquisition Corp. About Alpha Modus Alpha Modus engages in creating, developing and licensing data-driven technologies to enhance consumers' in-store digital experience at the point of decision. The company was founded in 2014 and is headquartered in Cornelius, North Carolina. For additional information, please visit alphamodus.com . About Insight Acquisition Corp. Prior to the closing, Insight Acquisition Corp. (NASDAQ: INAQ) was a special purpose acquisition company formed solely to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Insight Acquisition Corp. was sponsored by Insight Acquisition Sponsor LLC. For additional information, please visit insightacqcorp.com . Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Insight's and Alpha Modus' actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Insight's and Alpha Modus' expectations with respect to future performance and anticipated financial impacts of the Business Combination. Insight and Alpha Modus caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Insight and Alpha Modus do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions, or circumstances on which any such statement is based. Contacts: Alpha Modus Shannon Devine MZ Group +1(203) 741-8841 shannon.devine@mzgroup.usIt is an ambitious social experiment of our moment in history — one that experts say could accomplish something that parents, schools and other governments have attempted with varying degrees of success: keeping kids off social media until they turn 16 . Australia's new law, approved by its Parliament last week, is an attempt to swim against many tides of modern life — formidable forces like technology, marketing, globalization and, of course, the iron will of a teenager. And like efforts of the past to protect kids from things that parents believe they're not ready for, the nation's move is both ambitious and not exactly simple, particularly in a world where young people are often shaped, defined and judged by the online company they keep. The ban won't go into effect for another year. But how will Australia be able to enforce it? That's not clear, nor will it be easy. TikTok, Snapchat and Instagram have become so ingrained in young people's lives that going cold turkey will be difficult. Other questions loom. Does the ban limit kids' free expression and — especially for those in vulnerable groups — isolate them and curtail their opportunity to connect with members of their community? And how will social sites verify people's ages, anyway? Can't kids just get around such technicalities, as they so often do? This is, after all, the 21st century — an era when social media is the primary communications tool for most of those born in the past 25 years who, in a fragmented world, seek the common cultures of trends, music and memes. What happens when big swaths of that fall away? Is Australia's initiative a good, long-time-coming development that will protect the vulnerable, or could it become a well-meaning experiment with unintended consequences? The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent children younger than 16 from holding accounts. “It’s clear that social media companies have to be held accountable, which is what Australia is trying to do,” said Jim Steyer, president and CEO of the nonprofit Common Sense Media. Leaders and parents in countries around the world are watching Australia’s policy closely as many seek to protect young kids from the internet's dangerous corners — and, not incidentally, from each other. Most nations have taken different routes, from parental consent requirements to minimum age limits. Many child safety experts, parents and even teens who have waited to get on social media consider Australia's move a positive step. They say there’s ample reason to ensure that children wait. “What’s most important for kids, just like adults, is real human connection. Less time alone on the screen means more time to connect, not less," said Julie Scelfo, the founder of Mothers Against Media Addiction, or MAMA, a grassroots group of parents aimed at combatting the harms of social media to children. “I’m confident we can support our kids in interacting in any number of ways aside from sharing the latest meme.” The harms to children from social media have been well documented in the two decades since Facebook’s launch ushered in a new era in how the world communicates. Kids who spend more time on social media, especially as tweens or young teenagers, are more likely to experience depression and anxiety, according to multiple studies — though it is not yet clear if there is a causal relationship. What's more, many are exposed to content that is not appropriate for their age, including pornography and violence, as well as social pressures about body image and makeup . They also face bullying, sexual harassment and unwanted advances from their peers as well as adult strangers. Because their brains are not fully developed, teenagers, especially younger ones the law is focused on, are also more affected by social comparisons than adults, so even happy posts from friends can send them into a negative spiral. Many major initiatives, particularly those aimed at social engineering, can produce side effects — often unintended. Could that happen here? What, if anything, do kids stand to lose by separating kids and the networks in which they participate? Paul Taske, associate director of litigation at the tech lobbying group NetChoice, says he considers the ban “one of the most extreme violations of free speech on the world stage today" even as he expressed relief that the First Amendment prevents such law in the United States "These restrictions would create a massive cultural shift,” Taske said. “Not only is the Australian government preventing young people from engaging with issues they’re passionate about, but they’re also doing so even if their parents are ok with them using digital services," he said. "Parents know their children and their needs the best, and they should be making these decisions for their families — not big government. That kind of forcible control over families inevitably will have downstream cultural impacts.” David Inserra, a fellow for Free Expression and Technology, Cato Institute, called the bill “about as useful as an ashtray on a motorbike” in a recent blog post . While Australia's law doesn't require “hard verification” such as an uploaded ID, he said, it calls for effective “age assurance.” He said no verification system can ensure accuracy while also protecting privacy and not impacting adults in the process. Privacy advocates have also raised concerns about the law's effect on online anonymity, a cornerstone of online communications — and something that can protect teens on social platforms. “Whether it be religious minorities and dissidents, LGBTQ youth, those in abusive situations, whistleblowers, or countless other speakers in tricky situations, anonymous speech is a critical tool to safely challenge authority and express controversial opinions,” Inserra said. A spot check of kids at one mall in the Australian city of Brisbane on Wednesday didn't turn up a great deal of worry, though. “Social media is still important because you get to talk to people, but I think it’s still good that they’re like limiting it,” said Swan Son, a 13-year-old student at Brisbane State High School. She said she has had limited exposure to social media and wouldn’t really miss it for a couple of years. Her parents already enforce a daily one-hour limit. And as for her friends? “I see them at school every day, so I think I’ll be fine.” Conor Negric, 16, said he felt he’d dodged a bullet because of his age. Still, he considers the law reasonable. “I think 16 is fine. Some kids, I know some kids like 10 who’re on Instagram, Snapchat. I only got Instagram when I was 14." His mom, Sive Negric, who has two teenage sons, said she was happy for her boys to avoid exposure to social media too early: “That aspect of the internet, it’s a bit `meanland.'" Parents in Britain and across Europe earlier this year organized on platforms such as WhatsApp and Telegram to promise not to buy smartphones for children younger than 12 or 13. This approach costs almost no money and requires no government enforcement. In the United States, some parents are keeping kids off social media either informally or as part of an organized campaign such as Wait Until 8th, a group that helps parents delay kids' access to social media and phones. This fall, Norway announced plans to ban kids under 15 from using social media, while France is testing a smartphone ban for kids under 15 in a limited number of schools — a policy that could be rolled out nationwide if successful. U.S. lawmakers have held multiple congressional hearings — most recently in January — on child online safety. Still, the last federal law aimed at protecting children online was enacted in 1998, six years before Facebook’s founding. In July, the U.S. Senate overwhelmingly passed legislation designed to protect children from dangerous online content , pushing forward with what would be the first major effort by Congress in decades to hold tech companies more accountable. But the Kids Online Safety Act has since stalled in the House. While several states have passed laws requiring age verification, those are stuck in court. Utah became the first state to pass laws regulating children’s social media use in 2023. In September, a judge issued the preliminary injunction against the law, which would have required social media companies to verify the ages of users, apply privacy settings and limit some features. NetChoice has also obtained injunctions temporarily halting similar laws in several other states. And last May, U.S. Surgeon General Vivek Murthy said there is insufficient evidence to show social media is safe for kids. He urged policymakers to treat social media like car seats, baby formula, medication and other products children use. “Why should social media products be any different? Scelfo said. “Parents cannot possibly bear the entire responsibility of keeping children safe online, because the problems are baked into the design of the products.” Associated Press Writers John Pye in Brisbane, Australia and Laurie Kellman in London contributed to this story.

The folks behind the Super League . A22 Sports, the company attempting to organise an alternative competition to the UEFA tournaments (Champions League, Europa League and Conference League) that it had petitioned UEFA to recognize its new cross-border tournament, the "Unify League." This comes nearly a year after the European Court of Justice (ECJ) ruled that UEFA held a dominant position and to comply with competition law, they could not oppose the creation of other cross-border tournaments provided they met certain criteria. Among them are the stipulations that any such tournament must have a qualification process that's inclusive and meritocratic, and that complies with the FIFA match calendar. So that's it? We now have a rival to the Champions League? Not exactly, as there are a ton of hoops to jump through first. Technically speaking, the ECJ judgement found that the UEFA's regulations gave them too much power to block rival cross-border competitions, so UEFA wrote new ones immediately after the verdict -- ones they say comply with the ECJ ruling. Some of those UEFA regulations lay out criteria in terms of open and meritocratic qualification -- things the Unify League appears to meet -- while others, according to A22, do comply with the ECJ ruling. A22 say there are too many to mention, but they do cite one that prohibits any new club competition from "adversely affect the good functioning" of UEFA tournaments. (Which is kinda the point of competition: disrupt your rivals and grow your market share.) But A22 argues that UEFA's rules, as written, basically force teams who qualify for UEFA competitions to play in them. We haven't heard from UEFA yet, but you assume they think their rules are compliant with ECJ rulings. So I think we can expect more arguing between lawyers and possibly letters to the European Court to clarify this, but that's really just the first hurdle... What's the next one? Well, even if they clear that hurdle and they get their way -- which, as A22 write, means "clubs are free to decide which tournament they want" -- they then need to persuade them it's in their interest to do so. And that's not going to be easy, because while clubs are interested in prestige, history, having a say in their competitions and engaging with fans -- all that good stuff -- let's face it, money is a prime motivator. It's not clear how the Unify League's business model is going to generate more revenue in terms of commercial and media rights. (The UEFA Champions League has certainly cornered the market when it comes to being an event, arguably the Super Bowl of the sport.) What A22's model anyway? There isn't too much detail, but presumably they'll have sponsors just like UEFA does. The big difference, though, is in media rights. Instead of selling rights to broadcasters and streamers, they're going to have , the Unify Platform. All games will be shown for free, albeit with advertising. And for those who don't enjoy commercial breaks, there will be the opportunity to purchase "affordable premium subscriptions" that will offer more technological bells and whistles than standard TV. Is it possible to make more money this way? The question raises a bunch of pretty obvious questions. If all you have to do to make more money than they do in the existing competitions is show games for free with commercial breaks, why haven't existing broadcasters thought of this? And if the secret to more revenue is having "affordable premium subscriptions" -- rather than the current expensive ones -- why haven't they done that? Sure, there's some merit in questioning the current pricing model -- free to air delivers a bigger audience and more exposure for sponsors, which can mean higher ad rates, while lower subscription fees might make it a volume play, where you get more subscribers and end up with more money -- but it takes a real leap of faith to think these guys can make it work where everybody else has failed. That said, they're convinced their format will be more exciting and generate bigger audiences... How so? , but in a nutshell there will be four leagues, with the top two -- the Star League and Gold League (don't ask) -- comprised of 16 clubs each. Each league is split into two groups of eight and they play everybody home and away for a total of 14 games. The top four in each group qualify for the quarterfinals, which will also be home and away fixtures, and the semifinals and final will be single-leg affairs. I make that a total of 246 games -- marginally more than the total in the existing "Swiss Model" Champions League (237 games), but, of course, that has 36 clubs vs. the 32 in the combined Star and Gold Leagues, so I guess they can divide their pie in fewer slices and have a slightly bigger pie. As to whether it's more exciting, I'm not sure. You're going to get a lot of the same teams playing each other in a group game, year after year and, I imagine, you'll get a fair few meaningless games because, with four of eight qualifying, you could get teams knowing whether they're in or out with three or four games to go, making the final match days rather irrelevant. (Of course, this concept has been seen at tournaments before, and we're still not sure whether the first-ever Champions League matchday 8, with all 36 teams playing at the same time, will have high stakes hanging in the balance.) There's also the fact that the ECJ ruling forces them to be "merit-based" and "open to all," as that could boomerang against them. What do you mean? Well, the old/aborted European Super League had 12 guaranteed mega-clubs in it -- 15 in the original proposal, before Bayern Munich, Borussia Dortmund and Paris Saint-Germain said no. Based on A22's regulations, if the competition had kicked off this season, clubs like Borussia Dortmund, Liverpool, Aston Villa, Barcelona, Atletico Madrid -- all of whom are in the Champions League -- would not be guaranteed a place in the competition, but would need to battle their way through multiple qualifying rounds for one of the playoff spots. And guess what? Clubs like sure things and hate uncertainty, especially when it comes to revenues. But won't they end up in the next league down? You mean the "Gold League," right? Actually Atletico and Borussia Dortmund wouldn't even be guaranteed a place in either; they'd need to get there via the playoffs. But yes, the next league down will presumably generate substantially less revenue than the top league, just as the Europa League makes less money than the Champions League. That's the rub. It's a really tough sell and they'll have a difficult time convincing the clubs this is more lucrative. Unless... Unless what? Unless there's somebody out there willing to offer clubs a big, fat downside guarantee, somebody who says "I'll guarantee you more than what you're making now." And that's tough because right now, around €4.4 billion ($4.6bn) from their three competitions. Just over a billion of that goes on administrative costs (€387m), payments to clubs that don't qualify (€440m), subsidies for the Women's and Youth competitions (€25m) and in UEFA's coffers (€230m) to be redistributed to member associations. Now, A22 obviously might be able to run a leaner tournament so their administrative costs will be lower, and maybe they won't want to subsidize the women's competition. (They say they'll have one too, though it remains to be seen how the numbers work out there.) They might not pay as much to clubs who don't qualify or to member associations, though they say they'll have some solidarity mechanism. But they'll still need to get well north of that €4.4bn figure to make it worthwhile. And, remember, since they'll be running the games on their own platform, they'll also have marketing, technology and production costs that are currently absorbed by broadcasters. So yeah, I'd imagine it would take somebody willing to say "I'll chuck in €6bn a year in to cover the downside for the next couple of years to get this thing off the ground and guarantee that you clubs are better off with the Unify League than anywhere else." Frankly, that's a of money and, of course, there's the risk of a nightmare scenario for both UEFA and the Unify League. What's the "nightmare scenario" exactly? Imagine they end up competing directly with each other and A22 convinces some clubs, but not others. (Or, because there's also a whole hornets' nest of domestic legislation in various countries that prevents clubs from joining a league like this, and which may or may not be compliant with the ECJ ruling, some clubs simply can't.) What then? Let's say the Unify League has Real Madrid, Manchester City, Bayern and Inter. The Champions League has Barcelona, Liverpool, Borussia Dortmund and Juventus (presumably PSG too, unless Nasser Al Khelaifi jumps ship). Both competitions are markedly weaker and no, it's not a linear decline because the success of the Champions League is founded on having the best clubs all in one place. Take half of them away and the interest isn't halved, it goes down by a lot more than that. Mutually assured destruction might be an exaggeration, but it certainly would make life a whole heck of a lot tougher for everyone. So what happens next? I expect a lot of back and forth between lawyers, and maybe some ECJ clarification, but ultimately this feels like a power move, where A22 want to get UEFA to the table somehow. Except it's hard to see how A22 have any leverage at all because, let's face it: their business model seems goofy and nobody of note, other than Real Madrid, has gone to bat for them. Unless of course there's somebody in the shadows with several billions willing to bankroll the whole shebang.Microsoft Expands Access to Windows Recall AI Feature12 Unique Stocking Stuffer Ideas From Walmart You’ll Be Tempted to Keep for Yourself

Prime Minister Shehbaz Sharif on Friday stressing the strategic importance of maritime security said Pakistan Navy was fully prepared to defend the sea boundaries of the country. Addressing the closing session of the 7th National Maritime Security Workshop (MARSEW) at the Navy War College in Lahore, the PM lauded the Pakistan Navy’s unwavering commitment towards playing a significant role in maintaining national security. Terming blue economy vital for economic prosperity, PM Sharif lauded Pakistan Navy’s proactive measures to harness maritime resources for the nation’s development. PM Shehbaz Sharif said Gwadar Port due to its strategic location was a cornerstone of Pakistan’s economic future and blue economy. He highlighted Gwadar Port’s its role in the development of regional trade and connectivity and stressed streamlining of processes at the port to facilitate importers and exporters. He expressed a strong commitment to leveraging maritime resources for economic progress and enhancing national security. He also acknowledged China as a vital partner, expressing gratitude for its steadfast cooperation in the maritime domain. Sharif also emphasized equipping the Karachi Port Trust with modern technology to execute loading and unloading of consignments from across the world. He highlighted the importance of National Shipping Corporation and announces to re-establish it in accordance with the commercial needs. The prime minister expressed satisfaction that Pakistan had ample talent and resources, however stressed the need to utilize them properly to get rid of the shackles of debt. He expressed the government’s firm resolve to eliminate terrorism across the country and paid rich tribute to the martyrs of the armed forces for their great sacrifices during anti-terrorism operations. He told the participants that the meetings of the Apex Committee were held regularly which aimed at ensuring peace and security in the country. Earlier, PM Sharif was received by Chief of the Naval Staff, Admiral Naveed Ashraf, upon his arrival at PN War College. In his welcome address, Commandant Pakistan Navy War College, Rear Admiral Azhar Mahmood, provided an overview of workshop’s activities. A panel of participants presented a paper containing recommendations for a National Maritime Policy. The panel analyzed the maritime environment, highlighting its impact on national security and economic prosperity, and proposed measures to address challenges and capitalize on opportunities. The participants included parliamentarians, policymakers, bureaucrats, academics, entrepreneurs, armed forces officers, and media representatives. The Maritime Security Workshop is an annual event organized by Pakistan Navy to enhance understanding of maritime security dynamics, create awareness about Blue Economy, and explore Pakistan’s untapped maritime potential.NEW YORK (AP) — U.S. stock indexes rose to more records Wednesday after tech companies talked up how much of a boost they’re getting from the artificial-intelligence boom. The S&P 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. It’s the 56th time the index has hit an all-time high this year after climbing in 11 of the last 12 days . The Dow Jones Industrial Average rose 308 points, or 0.7%, while the Nasdaq composite added 1.3% to its own record. Salesforce helped pull the market higher after delivering stronger revenue for the latest quarter than analysts expected, though its profit fell just short. CEO Mark Benioff highlighted the company’s artificial-intelligence offering for customers, saying “the rise of autonomous AI agents is revolutionizing global labor, reshaping how industries operate and scale.” The stock price of the company, which helps businesses manage their customers, jumped 11%. Marvell Technology leaped even more after delivering better results than expected, up 23.2%. CEO Matt Murphy said the semiconductor supplier is seeing strong demand from AI and gave a forecast for profit in the upcoming quarter that topped analysts’ expectations. All the optimistic talk helped Nvidia , the company whose chips are powering much of the move into AI, rally 3.5%. It was the strongest force pushing upward on the S&P 500 by far. They helped offset an 8.9% drop for Foot Locker, which reported profit and revenue that fell short of analysts’ expectations. CEO Mary Dillon said the company is taking a more cautious view, and it cut its forecasts for sales and profit this year. Dillon pointed to how keen customers are for discounts and how soft demand has been outside of Thanksgiving week and other key selling periods. Retailers overall have offered mixed signals about how resilient U.S. shoppers can remain. Their spending has been one of the main reasons the U.S. economy has avoided a recession that earlier seemed inevitable after the Federal Reserve hiked interest rates to crush inflation. But shoppers are now contending with still-high prices and a slowing job market . This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. A narrower report released Wednesday morning suggested employers in the private sector increased their payrolls by less last month than economists expected. Hiring in manufacturing was the weakest since the spring, according to Nela Richardson, chief economist at ADP. The report strengthened traders’ expectations that the Fed will cut its main interest rate again when it meets in two weeks. The Fed began easing its main interest rate from a two-decade high in September, hoping to offer more support for the job market. The central bank had appeared set to continue cutting rates into next year, but the election of Donald Trump has scrambled Wall Street’s expectations somewhat. Trump’s preference for higher tariffs and other policies could lead to higher inflation , which could alter the Fed’s plans . Fed Chair Jerome Powell said Wednesday that the central bank can afford to cut rates cautiously because inflation has slowed from its peak two years ago and the economy remains sturdy. A separate report on Wednesday said health care, finance and other businesses in the U.S. services sector are continuing to grow, but not by as much as before and not by as much as economists expected. One respondent from the construction industry told the survey from the Institute for Supply Management that the Fed’s rate cuts haven't pulled down mortgage rates as much as hoped. Plus, “the unknown effect of tariffs clouds the future.” In the bond market, the yield on the 10-year Treasury fell to 4.18% from 4.23% late Tuesday. On Wall Street, Campbell’s sank 6.2% for one of the S&P 500’s sharper losses despite increasing its dividend and reporting a stronger profit than analysts expected. Its revenue fell short of Wall Street’s expectations, and the National Football League’s Washington Commanders hired Campbell’s CEO Mark Clouse as its team president. Gains for airline stocks helped offset that drop after JetBlue Airways said it saw stronger bookings for travel in November and December following the presidential election. It also said it’s benefiting from lower fuel prices, as well as lower costs due to improved on-time performance. JetBlue jumped 8.3%, while Southwest Airlines climbed 3.5%. All told, the S&P 500 rose 36.61 points to 6,086.49. The Dow climbed 308.51 to 45,014.04, and the Nasdaq composite rallied 254.21 to 19,735.12. In stock markets abroad, South Korea’s Kospi sank 1.4% following a night full of drama in Seoul. President Yoon Suk Yeol was facing possible impeachment after he suddenly declared martial law on Tuesday night, prompting troops to surround the parliament. He revoked the martial law declaration six hours later. In the crypto market , bitcoin climbed near $99,000 after Trump said he would nominate Paul Atkins , a cryptocurrency advocate, to chair the Securities and Exchange Commission. AP Writers Matt Ott and Zimo Zhong contributed.

Alberta working to get money's worth on Turkish medication deal after two yearsNone

Can sharing a good meal bring people together? One San Diego author thinks so

FLORHAM PARK, N.J., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Celularity Inc. (Nasdaq: CELU) (“Celularity” or the “Company”), a regenerative medicine company developing placental-derived allogeneic cell therapies and advanced biomaterial products, announced that on November 21, 2024, the Company received notification from the Listing Qualifications department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company does not comply with the Nasdaq continued listing requirements due to the Company’s inability to timely file its Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the “Q3 Form 10-Q”). Nasdaq’s notice has no immediate effect on the listing of Celularity’s common stock and warrants, which continue to trade on the Nasdaq Capital Market under the symbols “CELU” and “CELUW,” respectively. The Company is required to submit to Nasdaq a plan to regain compliance with respect to its delinquent report by no later than January 20, 2025, and if accepted, the Company has until May 13, 2025, to implement the plan to regain compliance. The Company intends to submit a plan to Nasdaq by no later than January 20, 2025 and will evaluate available options to regain compliance within the compliance period. However, there can be no assurance that Nasdaq will accept the plan, the Company will regain compliance within the compliance period, or maintain compliance with the other Nasdaq listing requirements. While the Company has made significant progress in improving its financial reporting infrastructure, these enhancements have required time to implement effectively. The filing delay of the Q3 Form 10-Q primarily results from the backlog associated with the Company’s efforts to become current on its previous filings, including the Forms 10-Q for the first and second quarters of 2024, which were filed recently. “We acknowledge the challenges associated with our recent delays, but we remain committed to ensuring robust and timely financial reporting,” said Robert J. Hariri, M.D., Ph.D., Founder, Chairman, and CEO of Celularity. “We are nearing the completion of the Q3 Form 10-Q and expect to file it shortly. The improvements we have made to our finance function are setting the stage for long-term success, and we are committed to maintaining compliance going forward.” About Celularity Celularity Inc. (Nasdaq: CELU) is a regenerative medicine company developing and commercializing advanced biomaterial products and allogeneic, cryopreserved, placental-derived cell therapies, all derived from the postpartum placenta. Its therapeutic programs target aging-related diseases, including degenerative diseases, cancer, and immune disorders, using mesenchymal-like adherent stromal cells (MLASCs), T-cells engineered with CAR (CAR T-cells), and genetically modified and unmodified natural killer (NK) cells. Celularity believes that by harnessing the placenta’s unique biology and ready availability, it can develop therapeutic solutions that address significant unmet global needs for effective, accessible, and affordable therapies. For more information, visit www.celularity.com. Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, as well as within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts are “forward-looking statements,” including those relating to future events. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “believe,” “can,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intends,” “may,” “might,” “outlook,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “strive,” “target,” “will,” “would” and the negative of terms like these or other comparable terminology, and other words or terms of similar meaning. The forward-looking statements in this press release include express or implied statements regarding the expected timing of the Company’s filing of its quarterly report for the period ending September 30, 2024 on Form 10-Q, the potential submission of a plan to Nasdaq and the potential for Nasdaq to accept such plan or grant the Company an exception period, and the Company’s ability to regain compliance with the Nasdaq continued listing standards. Many factors could cause actual results to differ materially from those described in these forward-looking statements, including but not limited to: the Company’s liquidity situation; the volatility in the Company’s stock price; inherent risks in biotechnological development, including with respect to the development of novel advanced biomaterials; and the regulatory approval process; along with those risk factors set forth under the caption “Risk Factors” in the Company’s annual report on Form 10-K filed with the Securities and Exchange Commission (SEC) on July 30, 2024, and other filings with the SEC. If any of these risks materialize or underlying assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company does not presently know, or that the Company currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, these forward-looking statements reflect the Company’s current expectations, plans, or forecasts of future events and views as of the date of this communication. Subsequent events and developments could cause assessments to change. Accordingly, forward-looking statements should not be relied upon as representing the Company’s views as of any subsequent date, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Investor Contact : Carlos Ramirez Senior Vice President, Celularity Inc. Carlos.ramirez@celularity.com Media Contact: Raquel Cona / Michaela Fawcett KCSA Strategic Communications rcona@kcsa.com / mfawcett@kcsa.com

Aston Villa boss Unai Emery described the decision to rule out his side’s last-gasp goal in their Champions League draw with Juventus as “very soft” and has called for consistency from European referees. Morgan Rogers looked to have given Emery’s side another famous win when he slammed a loose ball home in stoppage time, but referee Jesus Gil Manzano ruled Diego Carlos to have fouled Juve goalkeeper Michele Di Gregorio and the goal was chalked off. Contact seemed minimal but VAR did not intervene and Villa had to settle for a point in a 0-0 draw. “With the last action, it is the interpretation of the referee,” the Spaniard said. “In England, 80 per cent of those is given a goal and it’s not a foul. It’s very soft. “But in Europe, it could be a foul. We have to accept. “Everybody will know, in England the interpretation is different. The England referees, when actions like that the interpretation is a clear no foul but in Europe that interpretation is different. “They have to be working to get the same decision when some action like that is coming. I don’t know exactly why but we knew before in the Premier League that it is different. A very controversial finish at Villa Park 😲 Morgan Rogers' late goal is ruled out for a foul on Juventus goalkeeper Michele Di Gregorio and the match ends 0-0 ❌ 📺 & — Football on TNT Sports (@footballontnt) “In Europe for example we are not doing a block like in England and we are not doing in front of the goalkeeper in offensive corners the same situations like in England. “When the action happened, I was thinking here in Europe it’s a foul. In England not, but in Europe I have to accept it. “At first, I thought the referee gave us a goal. In cases like that, it’s confusing because he has to wait for VAR. I don’t know what happened but I think so (the referee changed his mind with VAR).” It was a disappointment for Villa, who remain unbeaten at home in their debut Champions League campaign and are still in contention to qualify automatically for the last 16. “We were playing a favourite to be in the top eight and usually a contender to win this competition,” Emery added. “We are a team who for a long time didn’t play in Europe and the Champions League and this year is very important. “We wanted to play competitive and we are in the right way. Today to get one point is very good, we wanted to win but wanted to avoid some mistakes we made in previous games. “We have 10 points and we’re happy.” Before the game Emery called Juventus one of the “best teams in the world, historically and now”, but this was an Italian side down to the bare bones. Only 14 outfield players made the trip from Turin, with striker Dusan Vlahovic among those who stayed behind. Juve boss Thiago Motta, whose side are 19th but still in contention to reach the top eight, said: “There’s just three games left to qualify. The next home against Man City, then Brugge, then Benfica. “One at a time, as we always did with the goal to qualify for the next round. “In the end we will try and reach our goal which is to go to the next round.”

It was dubbed the “Trump Bump” in 2016 when Wall Street rallied after Donald Trump’s election victory. Eight years later, history appears to be repeating, with the S&P 500 and Nasdaq indexes up by 5% since election day. The more industrial Dow Jones index is up by more than 7%. “There are whole parts of the market which have responded very favourably to the red wave,” says Pie Funds chief investment officer Mike Taylor. “Energy stocks have done particularly well, financials have done well and, of course, we can’t go past Tesla and Bitcoin.” All of these sectors have soared on expectations Trump will run favourable policies – cutting regulations and taxes. Whether this “Trump Bump” will be as sustained as it was in 2016 remains to be seen. The S&P 500 rose steadily from 2016 to 2018 (underpinned by low interest rates) before hitting some volatility. But it regained its bullishness through 2019 until the first Covid crash in early 2020.

Aston Villa boss Unai Emery described the decision to rule out his side’s last-gasp goal in their Champions League draw with Juventus as “very soft” and has called for consistency from European referees. Morgan Rogers looked to have given Emery’s side another famous win when he slammed a loose ball home in stoppage time, but referee Jesus Gil Manzano ruled Diego Carlos to have fouled Juve goalkeeper Michele Di Gregorio and the goal was chalked off. Contact seemed minimal but VAR did not intervene and Villa had to settle for a point in a 0-0 draw. “With the last action, it is the interpretation of the referee,” the Spaniard said. “In England, 80 per cent of those is given a goal and it’s not a foul. It’s very soft. “But in Europe, it could be a foul. We have to accept. “Everybody will know, in England the interpretation is different. The England referees, when actions like that the interpretation is a clear no foul but in Europe that interpretation is different. “They have to be working to get the same decision when some action like that is coming. I don’t know exactly why but we knew before in the Premier League that it is different. A very controversial finish at Villa Park 😲 Morgan Rogers' late goal is ruled out for a foul on Juventus goalkeeper Michele Di Gregorio and the match ends 0-0 ❌ 📺 @tntsports & @discoveryplusUK pic.twitter.com/MyYL5Vdy3r — Football on TNT Sports (@footballontnt) November 27, 2024 “In Europe for example we are not doing a block like in England and we are not doing in front of the goalkeeper in offensive corners the same situations like in England. “When the action happened, I was thinking here in Europe it’s a foul. In England not, but in Europe I have to accept it. “At first, I thought the referee gave us a goal. In cases like that, it’s confusing because he has to wait for VAR. I don’t know what happened but I think so (the referee changed his mind with VAR).” It was a disappointment for Villa, who remain unbeaten at home in their debut Champions League campaign and are still in contention to qualify automatically for the last 16. “We were playing a favourite to be in the top eight and usually a contender to win this competition,” Emery added. “We are a team who for a long time didn’t play in Europe and the Champions League and this year is very important. “We wanted to play competitive and we are in the right way. Today to get one point is very good, we wanted to win but wanted to avoid some mistakes we made in previous games. “We have 10 points and we’re happy.” Before the game Emery called Juventus one of the “best teams in the world, historically and now”, but this was an Italian side down to the bare bones. Only 14 outfield players made the trip from Turin, with striker Dusan Vlahovic among those who stayed behind. Juve boss Thiago Motta, whose side are 19th but still in contention to reach the top eight, said: “There’s just three games left to qualify. The next home against Man City, then Brugge, then Benfica. “One at a time, as we always did with the goal to qualify for the next round. “In the end we will try and reach our goal which is to go to the next round.”