As the dust settles after the frenzy, investors are left grappling with the harsh reality of the risks inherent in investing in Chinese concept stocks. The market turbulence serves as a sobering reminder of the importance of thorough due diligence, risk assessment, and diversification in building a resilient investment portfolio. While the allure of high returns may be tempting, it is crucial for investors to exercise caution and prudence in navigating the complex landscape of Chinese concept stocks.The development of gastric cancer is a multifactorial process that involves the interaction of genetic, environmental, and lifestyle factors. Chronic inflammation of the gastric mucosa, caused by factors such as H. pylori infection and dietary habits, can lead to the formation of precancerous lesions that may progress to gastric cancer over time. The accumulation of genetic mutations in key regulatory genes further drives the transformation of healthy cells into cancerous cells, ultimately culminating in the development of gastric cancer.
Key Logic Nodes Market Trend 2024-2033: Advanced Semiconductor Technology
AP Business SummaryBrief at 1:35 p.m. ESTAfter in Seoul, when critics of South Korean President Yoon Suk Yol came within five votes of the number needed to impeach him, the main opposition Democratic Party (DP) pledged to persist with its impeachment efforts while the ruling to navigate the ongoing crisis. What comes next, and how will this situation shape the broader domestic and international political landscape? To explore these questions, Asia Times spoke late Saturday with , leader of the Sonamu Party and a former senior lawmaker from the Democratic Party. was also the mayor of Incheon and led the DP from 2021 to 2022. Q: A: First, within the People Power Party, there remains a deep-seated trauma from the impeachment of former conservative President Park Geun-hye. Many lawmakers fear that if President Yoon falls, the entire conservative camp could collapse alongside him. Additionally, they are determined to block any scenario in which liberal opposition leader Lee Jae-myung could ascend to power following Yoon’s potential ouster. Viewing the current crisis through a partisan and political lens, the PPP perceives the impeachment motion as an existential threat. [The PPP leader] Han Dong-hoon’s opposition to impeachment is perplexing, though, particularly since he was targeted for arrest under Yoon’s martial law. His ambiguous stance underscores his lack of political acumen and gravitas. The so-called Han Dong-hoon faction is not blindly loyal to him, especially as he isn’t even a member of the National Assembly. Instead, they appear to be assessing the broader political landscape. Han’s inability to articulate a clear position or inspire confidence cements his reputation as a politician devoid of leadership. The core issue, I believe, lies in the ongoing parliamentary efforts to seek a special counsel probe against Kim Keon-hee, the first lady. To shield his wife, Yoon issued an emergency martial law declaration, effectively creating a “bulletproof” defense. Beyond this immediate motive, it reflects Yoon’s consistent approach since taking office — branding leftists as anti-state forces and suppressing political dissent. Yoon’s latest gambit, however, does not appear to be a spontaneous decision but rather a premeditated act. Yoon recently appointed his close confidant and high school alumnus, Kim Young-hyun [Kim then resigned on December 4], as minister of defense and established a private network comprising Yoon’s key allies, including Interior and Safety Minister Lee Sang-min [he resigned on December 8] and Counterintelligence Commander Yeo In-hyung [he was dismissed on December 6)] This group played a pivotal role in facilitating the declaration of martial law on Tuesday. South Korea’s legislative branch is legally untouchable, even under martial law. While a martial law decree can place the executive and judiciary under its command, the National Assembly retains its autonomy. South Korean law explicitly ensures legislative oversight in such situations. Article 4 of the Martial Law Act mandates that the president notify the National Assembly immediately after declaring martial law. If the Assembly is not in session, the president must seek a parliamentary session to deliberate on the declaration without delay. Under Yoon’s directive, these legal safeguards were blatantly disregarded. Not only did the military barricade the National Assembly to block lawmakers’ entry, but armed soldiers forced their way into the main building, attempting to arrest politicians. The marital law command also breached the building housing the National Election Commission, an autonomous institution. Such actions represent a flagrant violation of constitutional order and amount to a clear act of insurrection. A special investigation headquarters has been established to probe President Yoon’s martial law declaration. The headquarters must swiftly summon key figures and uncover further details about the events of this week. For example, broadcaster MBC recently that the Yoon administration may have attempted to provoke a limited war by striking North Korean targets in retaliation for the regime’s trash-filled balloon attacks. If this is substantiated, it would constitute a serious felony, tantamount to treason, which could pave the way for the president’s removal under Article 84 of the Constitution. In the case of former President Park, an investigation into her many scandals was conducted before the impeachment bill was voted on. Given the ongoing investigations against Yoon, impeachment would become more viable if the evidence supports such a course. [President Yoon has now been in the December 3 insurrection case]. By staffing government agencies, the ruling party and the presidential office with a pro-Yoon prosecutorial clique, Yoon has effectively created a “republic of prosecutors.” This faction, operating under his guidance, has undermined South Korea’s democratic norms by using its power to shield the president and his family from criminal liability, suppress press freedom and silence opposition and dissent. I have long argued that, even if the Yoon administration falls, little will change as long as Han Dong-hoon, with his equally prosecutorial mindset, remains the leader of the ruling party. What is urgently needed along with Yoon’s ouster is a fundamental overhaul of our prosecutorial system. We welcome Washington reaffirming that the foundation of the South Korea-US alliance is democracy, which is crucial. However, as a sovereign nation, South Korea has no obligation to give prior notice, regardless of the legitimacy of the martial law. First, I emphasized that the use of nuclear weapons should never be considered under any circumstances. Second, I expressed that heightened military cooperation with Russia and North Korea should not lead to escalating tensions on the Korean Peninsula. I also stressed the importance of a swift resolution to the war in Ukraine. First, Yoon’s rationale for supporting Ukraine is rooted in Cold War-era rhetoric: a battle between communism and democracy. However, Russia is no longer a communist state. It’s essentially a democratic republic, the Russian Federation, which former President Yeltsin defended against a communist coup. Putin has inherited that legacy, and Russia’s political landscape has moved beyond the communist ideology. Second, Ukrainians are ethnically closely related to Russians, and historically, Crimea was transferred to Ukraine as a gift by former Soviet leader Krushchev. Furthermore, the port of Sevastopol in Crimea is the headquarters of the Russian Black Sea Fleet. As such, Ukraine’s situation differs significantly from that of the Baltic states — Estonia, Latvia, and Lithuania — or the Scandinavian countries. Third, from Russia’s perspective, NATO’s eastward expansion, despite the dissolution of the Warsaw Pact and promises from Washington not to expand, is a significant security concern. Moscow has repeatedly stated that Ukraine’s potential NATO membership is a redline, but these concerns have been largely ignored, with the US welcoming Ukraine’s entry. If we consider Russia’s position, it mirrors Washington’s obstinate rejection of Soviet missiles in Cuba. Of course, I publicly criticized Russia when the war broke out in 2022, and I even made a small personal donation to Ukraine. But in diplomacy, it’s crucial to listen to all parties involved. South Korea should maintain diplomatic relations with both Kyiv and Moscow and focus on bringing an end to the conflict rather than taking sides and advocating for an extended war. As a country that shares a border with Russia, how can South Korea afford to make Russia an enemy? South Korea already struggles to manage the complexities of dealing with North Korea on its own and relies on cooperation with the US military and Japan’s Self-Defense Forces. Making Russia an adversary, therefore, is not a prudent course of action and should be avoided in favor of a more balanced and sound foreign policy.NEW YORK--(BUSINESS WIRE)--Dec 10, 2024-- Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation data, announced today it has closed its previously announced $10 million private placement, pursuant to which the Company issued an aggregate 3,571,429 Class A Ordinary Shares to a single institutional investor at a purchase price of $2.80 per share. The Company expects to use the net proceeds from the offering for general corporate purposes. The Company also announced today that it has filed a shelf registration statement on Form F-3 (the “Shelf Registration Statement”) to register the resale of the shares issued in the private placement as required under the share purchase agreement entered into in connection with the transaction. The Shelf Registration Statement also contemplates the primary issuance of up to $150 million aggregate amount of Class A Ordinary Shares. Accordingly, if and when the Shelf Registration Statement is declared effective, it will permit the offer and sale, from time to time, in one more series or issuance and on terms to be determined at the time of the offering, the resale of the private placement shares and the offer and sale by the Company of up to $150 million aggregate amount of Class A Ordinary Shares. “We are pleased to have successfully completed this private placement, which strengthens our balance sheet and positions us for continued growth as we advance our mission and continue our focus on our U.S. strategy, the National Security market, and our global Space Systems opportunities,” said Emiliano Kargieman, CEO & Founder, of Satellogic. Rick Dunn, Chief Financial Officer, added, “This shelf registration statement allows for future flexibility in our capital markets strategy by establishing a framework for potential future capital raising opportunities.” Should the Company decide to raise capital in a future offering using the Shelf Registration Statement, the Company will describe the specific details of that future offering in a prospectus supplement that is filed with the SEC. The Shelf Registration Statement has been filed with the SEC but is not yet effective. The Class A Ordinary Shares included therein may not be sold nor may offers to buy be accepted under the Shelf Registration Statement prior to the time it becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities of the Company in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. About Satellogic Satellogic is a leading provider of sub-meter resolution satellite imagery that delivers real-time insights for governments, industries, and consumers worldwide. With its growing constellation of small satellites, Satellogic offers scalable, cost-effective solutions for high-frequency Earth observation. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic and include statements concerning the Company’s strategies, future opportunities, recently completed private placement and plans regarding the Shelf Registration Statement. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by, an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected; (ii) our ability to continue as a going concern; (iii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues; (iv) risks related to the secured convertible notes issued by the Company’s wholly-owned subsidiary, Nettar Group Inc.; (v) the potential loss of one or more of our largest customers; (vi) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle; (vii) risks and uncertainties associated with defense-related contracts; (viii) risks related to our pricing structure; (ix) our ability to scale production of our satellites as planned; (x) unforeseen risks, challenges and uncertainties related to our expansion into new business lines; (xi) our dependence on third parties, to transport and launch our satellites into space; (xii) our reliance on third party vendors and manufacturers to build and provide certain satellite components, products, or services; (xiii) our dependence on ground station and cloud-based computing infrastructure operated by third parties for value added services, and any errors, disruption, cybersecurity incidents, performance problems, or failure in their or our operational infrastructure; (xiv) risks related to certain minimum service requirements in our customer contracts; (xv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances; (xvi) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions; (xvii) competition for EO services; (xviii) challenges with international operations or unexpected changes to the regulatory environment in certain markets; (xix) unknown defects or errors in our products; (xx) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies; (xxi) uncertainties regarding our previously announced and ongoing efforts to reduce operational costs and control spending, including workforce reductions; (xxii) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies; (xxiii) the failure of the market for EO services to achieve the growth potential we expect; (xxiv) risks related to our satellites and related equipment becoming impaired; (xxv) risks related to the failure of our satellites to operate as intended; (xxvi) production and launch delays, launch failures, and damage or destruction to our satellites during launch; (xxvii) significant risks and uncertainties related to our insurance that may not be covered by insurance; and (xxviii) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 20-F and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations. View source version on businesswire.com : https://www.businesswire.com/news/home/20241210774054/en/ CONTACT: Investor Relations: Ryan Driver, VP of Strategy & Corporate Development ryan.driver@Satellogic.com KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SATELLITE SOURCE: Satellogic Inc. Copyright Business Wire 2024. PUB: 12/10/2024 05:40 PM/DISC: 12/10/2024 05:40 PM http://www.businesswire.com/news/home/20241210774054/en
AP Business SummaryBrief at 1:35 p.m. EST
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