Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

A-Labs Reaffirms $20 million PIPE Investment in HUB at $10 per share

HUB Cyber Security Ltd

HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services (" HUB " or the " Company "), announced today that the Israeli investment bank, A-Labs Advisory & Finance Ltd. (“ ALabs ”), has reaffirmed its irrevocable commitment to invest $20 million in HUB as an equity PIPE investment at $10 per share, previously made in connection with the Company’s business combination. This commitment represents a significant premium to current market price. ALabs has already fulfilled more than 10% (~$2.2 million) of its commitment (as previously announced by the Company on March 14, 2023)) and expects to complete the remainder of the funding in the near future. Doron Cohen, Managing Director and CEO of ALabs commented that: “We are intimately familiar with HUB and working closely with its management and board of directors over the past 18 months. A-Labs firmly believes in HUB’s potential to become one of the influential companies in the cyber arena over the next years and supports it future growth plans with this funding.” Uzi Moskovich, CEO of HUB added that: “Alabs have supported HUB with arranging over $80 million in institutional and private funding to date. We believe their reaffirming of their PIPE commitment is the greatest show of faith in the Company’s leadership and it ability to drive future business growth and shareholder value.” About HUB Cyber Security Ltd HUB Cyber Security Ltd ("HUB") was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces. The company specializes in unique Cyber Security solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution aimed at preventing hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. HUB operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity services worldwide. About A-Labs Advisory & Finance Ltd. A-Labs is an innovative advisory and investment banking firm with a unique hands-on approach to building companies to reach their highest potential and raising funds to execute on their business plans. A-Labs focuses on game-changing companies within its portfolio and provides a vertically integrated service to its clientele that includes full corporate advisory, marketing and branding services, business model and financial optimization, strategic planning, fund raising at pre-IPO and IPO levels, M&A services, after-market support and corporate governance, secondary and follow-on financing. Forward-Looking Statements This press release contains forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995, including statements about the anticipated benefits of the transaction, and the financial condition, results of operations, earnings outlook and prospects of the combined company. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "future," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "seem," "should," "will," "would" and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements are based on the current expectations of the management of HUB, as applicable, and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made with the SEC by the HUB and the following: (i) expectations regarding HUB's strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and HUB's ability to invest in growth initiatives and pursue acquisition opportunities; (ii) the outcome of any legal proceedings that may be instituted against the combined company; (iii) the ability to meet stock exchange continued listing standards; (iv) the risk that the consummation of the business combination disrupts HUB's current operations and future plans; (v) the ability to recognize the anticipated benefits of the transaction, which may be affected by, among other things, competition, the ability of HUB to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vi) costs related to the transaction; (vii) limited liquidity and trading of HUB’s securities; (viii) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (ix) the possibility that HUB may be adversely affected by other economic, business, and/or competitive factors; (x) inaccuracies for any reason in the estimates of expenses and profitability and projected financial information for HUB; and (xi) other risks and uncertainties set forth in the section entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in HUB’s final proxy statement/prospectus filed on December 5, 2022. Should one or more of these risks or uncertainties materialize or should any of the assumptions made by the management of HUB prove incorrect, actual results may vary in material respects from those expressed or implied in these forward-looking statements. All subsequent written and oral forward-looking statements concerning the business combination or other matters addressed in this press release and attributable to HUB or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in press release. Except to the extent required by applicable law or regulation, HUB undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events. Contact Details Hub Cyber Security Ltd Gregory FCA on behalf of HUB Security matt@gregoryfca.com Company Website https://hubsecurity.com/

March 15, 2023 09:25 AM Eastern Daylight Time

How Technology Is Helping Frontline Workers Get Healthy Food

Blendid

By Faith Ashmore, Benzinga Interested in investing in Blendid’s campaign? Click here to get started! Consumer demand for healthy food options has skyrocketed in recent years; COVID-19 put health on many people's minds and changed consumers’ standards as well as their priorities. A recent study showed that 54% of all consumers care more about the healthfulness of their food in 2020 than they did in 2010. Healthfulness is now the biggest determining factor in purchasing food, even more than taste and price. However, healthy food is not always accessible, especially for frontline workers or individuals who work overnight shifts. While McDonald’s and other fast-food chains of the world operate on a late-night or 24-hour model, you would be hard-pressed to find a health food store that is open late and can serve populations of workers like nurses, truck drivers, and more. For these late-night workers, their only real option is often unhealthy fast-food, and even fast food has become less of an option in the post-pandemic world. COVID-19 and labor shortages have resulted in fewer retailers with 24/7 service. Because of this, more and more previously 24/7 establishments like McDonald’s are closing early and leaving overnight shift workers without any options. Blendid, a robotic and AI-enabled food automation solution company, is creating clever solutions to this problem. The company has seen firsthand the success of a fully autonomous robotic kiosk for smoothies. Their kiosks operate in universities, travel centers, retail stores and hospitals across the country. The kiosks can operate 24/7, which gives consumers access to healthy and affordable food around the clock while the company is able to maintain low operational costs. Blendid’s 24/7 kiosks provide healthy alternatives for workers when they need them most. The company has kiosks at two Love’s Travel Stops in California and a location at Grady Memorial Hospital in Atlanta, among others. A truck driver who frequents one of the Love’s Travel Stops shared, “That juice-making robot is awesome. I loved watching it. Truck drivers need raw nutrition." The company’s robotic model enables fresh food to be offered where it previously hasn’t been and during all hours of the day, not just traditional daytime working hours. Not to mention, all Blendid locations offer the capability of ordering ahead and customizing ingredients to fit customers’ needs and nutritional wants. The company has seen a 267% revenue increase year-over-year which is unsurprising given the consumer demand for healthy and sustainable food. Not only is the kiosk model contactless, but also being open 24/7 increases the accessibility of healthy food. For college students or late-night workers, who typically have limited access to healthier foods, Blendid is giving people options they didn’t previously have. If projections are to be believed, the food robotics industry is only going to continue to grow. The global market for food robotics was estimated at $2.1 billion in 2022, and the market is projected to reach $4B by 2026. Companies like Blendid will be instrumental in the industry by providing unique experiences and options for consumers on the go. Technology is helping bring healthy and affordable food where people need it most. Blendid is currently hosting a raise to further expand its ingenious concept. The company is currently working on expanding to 10 additional geographies in the near future and has 500+ kiosks in contract. Previously, it raised more than $26 million which translated into significant revenue growth. Blendid could be well-positioned as an industry leader and seems eager to meet the consumer demand for on-the-go 24/7 healthy food. Interested in investing and being a part of their growth story? Click here to read more about Blendid’s raise and how to invest! This article was originally on Benzinga here. Sunnyvale-based Blendid is revolutionizing the future of food service with its proprietary food automation platform (foodOS™), which efficiently and safely prepares and serves a range of healthy, fresh, and delicious food. A pioneer of the future of food service, Blendid's first concept in the market is an autonomous, contactless kiosk that uses robotics, machine vision, artificial intelligence, and healthy ingredients to create delicious smoothies that are customized to meet the unique health and dietary preferences of each consumer. Founded in 2015 by seasoned Silicon Valley entrepreneurs Vipin Jain, Venki Avalur, and Vijay Dodd, Blendid is improving the consumer experience by offering safe, cost-effective, and personalized food on-demand, while also reducing complexities and costs for the operators. Blendid has raised more $20M to date from a mix of venture and crowdfunding investors and is currently raising its Series B investment round. Visit www.startengine.com/blendid for more information and to invest in the future of food service automation. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. Benzinga may receive monetary compensation from the issuer, or its agency, for publicizing the offering of the issuer’s securities. This content is for informational purposes only and is not intended to be investing advice. This is a paid ad. Please see 17b disclosure linked in the campaign page for more information. Contact Details Erica Camilo 344130@email4pr.com Company Website http://www.blendid.com

March 15, 2023 09:00 AM Eastern Daylight Time

These Bonds Might Be Useful Investments For All Stages Of Life

Compound Banc

Investing is a lifelong process that many recommend beginning as soon as they start earning money, but not all investment vehicles are suited for all stages of life. The choice of investment can change at different stages, whether someone is starting their career or is on the verge of retirement. When young and single, people can generally take chances with their money — and potentially see a greater return on investment — than is possible when married with young children or approaching retirement. But now, there’s an investment opportunity that brings potentially lucrative real estate investing to people at all stages of life. Financial technology (fintech) company Compound Real Estate Bonds Inc. is offering real estate savings bonds that are accessible to everyone. For as little as $10, everyday investors can buy a Compound Real Estate Bond and receive a fixed 7.00% annual yield compound return on their investments. Compounding happens when earnings are reinvested to generate additional earnings over time. It’s Easy To Buy Compound Bonds Every day investors can use the company’s digital app to purchase Compound Bonds. Compound lends the investors funds to cash-generating mortgages, or invests in the properties. The borrowers repay Compound with interest on the loans, and the proceeds are disbursed — with interest — to bondholders. Compound Bonds don’t have a maturity date, so investors can keep earning as long as they want or cash them out at any time. Compound doesn’t charge fees for maintenance, setup, redemption or advisers, which eliminates many roadblocks to real estate investing. By investing bond proceeds in real estate, Compound gives its customers access to what historically has often been considered among the most stable investment classes. The company reports that it invests in high-quality real estate – including residential, commercial and industrial properties – which is intended to give it a diversified portfolio of income-producing properties and real estate related debt. Compound says its diversified real estate investing approach delivers outperformance by generating sustainable income and competitive capital returns. Compared to the average low return one would earn if putting money in REITs, it might make more sense to invest in a Compound Bond generating 7.00%. Compound Banc is a next generation financial technology company, not a traditional bank. We strive to unlock financial freedom for all by building a simple financial ecosystem that makes it possible for the everyday consumer to access assets that have historically been reserved for Wall Street, not Main Street. The firm is known for managing real estate bond offerings to non-accredited investors. Compound Real Estate Bonds (CREB) brings private real estate to the everyday investor’s portfolio without the complexity of it. CREB will invest bond proceeds in real estate debts investments and income-generating commercial real estate across key property types on a global basis. The firm is led by a team with decades of expertise in real estate and alternative asset management and indexing. Our professionals work in offices across the globe, united by a single purpose: unlocking access for everyday investors. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Client Relations Team support@compoundbanc.com

March 15, 2023 09:00 AM Eastern Daylight Time

IQST – iQSTEL Announces 25% Revenue Growth On Track To Reach $105 Million 2023 Annual Forecast

iQSTEL Inc.

McapMediaWire -- iQSTEL, Inc. (OTCQX: IQST) today announced the company’s year-to-date (YTD) revenue for its Telecom Division through Feb 28 th is $16.4 million (unaudited), an increase of 25% compared to $13.1 million for the same period in 2022. Considering that the company’s revenue stream is historically higher in the second half of the year, management is confident the YTD performance is on track to reach the company’s $105 million annual revenue forecast organically before the benefit of sales from new lines of business and before the benefit of any anticipated contribution from acquisitions. Management is also confident the company is on track to report Positive Consolidated Operating Income in 2023 for the entire PubCo as a result of the ongoing benefit of operational streamlining and the anticipated benefit from iQSTEL’s newer lines of business to include its Electric Vehicle, Fintech and Internet of Things (IoT) Divisions. “iQSTEL continues into 2023 to realize steady and exceptional growth,” said Leandro Iglesias, CEO of iQSTEL. “After reaching $93 million in revenue in FY-2022, we are already realizing 25% growth YTD through Feb 28 th this year compared to the same period in 2022. Our 2023 financial objectives are well withing our sites as our products and services gain more and more recognition within their respective markets.” Stay tuned for regular shareholder updates. About iQSTEL Inc.: iQSTEL Inc. (OTCQX: IQST) ( www.iQSTEL.com ) is a US-based publicly listed company holding an Independent Board of Directors and Audit Committee with a presence in 19 countries and 70 employees offering leading-edge services through its four business lines. The Telecom Division (www.iqstelecom.com), which represents the majority of current operations, offers VoIP, SMS, proprietary Internet of Things (IoT) solutions, and international fiber-optic connectivity through its subsidiaries: Etelix, SwissLink, Smartbiz, Whisl, IoT Labs, and QGlobal SMS. The Fintech business line ( www.globalmoneyone.com ) ( www.maxmo.vip ) offers a complete Fintech ecosystem MasterCard Debit Card, US Bank Account (No SSN Needed), Mobile App/Wallet (Remittances, Mobile Top Up). Our Fintech subsidiary, Global Money One, is to provide immigrants access to reliable financial services that make it easier to manage their money and stay connected with their families back home. The BlockChain Platform Business Line ( www.itsbchain.com ) offers our proprietary Mobile Number Portability Application (MNPA) to serve the in-country portability needs through its subsidiary, itsBchain. The Electric Vehicle (EV) Business Line ( www.evoss.net ) offers electric motorcycles to work and have fun in the USA, Spain, Portugal, Panama, Colombia, and Venezuela. EVOSS is also working on the development of an EV Mid Speed Car to serve the niche of the 2nd car in the family. Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. iQSTEL Inc. IR US Phone: +1 646-740-0907 IR Email: investors@iqstel.com Company Website: https://www.iqstel.com/ Contact Details iQSTEL Inc. +1 646-740-0907 investors@iqstel.com Company Website https://www.iqstel.com/

March 15, 2023 06:00 AM Eastern Daylight Time

Much Anticipated Crypto Futures Trading Is Coming Soon To PrimeXBT

Benzinga

The time traders have been anxiously awaiting is almost here: the much anticipated Crypto Futures platform is about to debut on PrimeXBT. In advance of a full public release, our team of traders and analysts got to test drive the platform and check out the new design, all-new features, and more. We must warn you: reading the preview below will make waiting a lot harder because initial feedback is that the product is a game-changer for the award-winning cryptocurrency trading platform. Find out why early testers of PrimeXBT Crypto Futures are raving about what’s to come in the very near future – no pun intended! Improving On An Already Near-Perfect Formula “If it ain’t broke, don’t fix it" is the stance that most trading platforms take. PrimeXBT’s current margin trading experience is about as good as it gets. The cryptocurrency-based platform has achieved great success in only five years in the market, surviving two bear markets and winning a number of industry awards. Despite the near-flawless experience, PrimeXBT is continuously making improvements to every aspect of its platform, from copy trading to the mobile app, trading tools, and much more. The company has been teasing a big “future” announcement, and at the start of 2023, announced a Big Bounty Contest to test a brand new Crypto Futures product. PrimeXBT handed out over $100,000 in prizes to users who helped refine the experience and get it ready for a public debut in the coming weeks. During this testing phase, we gained exclusive access and were able to try out the platform ahead of the public launch. Long And Short The Most Popular Cryptocurrencies PrimeXBT Crypto Futures has an updated layout and design, which can be customized to suit each user’s personal preference. Simply click to toggle on or off each section of the layout, such as the watch list, positions, or new additions like the order book, which can be used to help strategize around what other market participants are doing. A wide range of cryptocurrency trading pairs is available, featuring popular coins like Bitcoin, Ethereum, Dogecoin, Litecoin, and more. Additional altcoins are available from important categories like DeFi, GameFi, Metaverse, and others. Essential tools and features users are familiar with have carried over into the Crypto Futures platform. Long and short positions are still available via market, limit, or stop orders. Advanced order types and risk management tools are once again included. All-New Margin Allocation System Gives Traders More Control One of the most significant and notable changes is to the margin allocation system. PrimeXBT, in the past, offered a cross-margin system at up to 200x leverage on cryptocurrencies. How much leverage was applied to a position was based on sizing. In the new and improved Crypto Futures product, leverage can be applied via a cross or isolated margin system and adjusted via a sliding scale. The margin allocation system and how much leverage to apply can be modified at any time and will impact all available positions and pending orders. The new system gives more precise control over how much risk is being applied to the capital exposed, allowing for the fine-tuning of trading to suit any risk appetite. All information is made crystal clear when an order is placed or modified, so traders always understand the impact of their decisions. Getting Technical With Powerful PrimeXBT Trading Tools Created for both beginners and the trading professional, PrimeXBT Crypto Futures features built-in technical analysis software from industry leader TradingView. Traders never have to leave the platform to enjoy best-in-class charting tools. Draw trend lines, turn on technical indicators, or look for the direction of the trend. Orders that are placed appear on the charts in real-time, giving traders an accurate look at the bigger picture to determine stop-loss placement, profit targets, and more. Open orders are also added to the area below the chart, providing a snapshot of the details of each trade. Information includes the open price, liquidation price, unrealized PnL, margin type, and much more. PrimeXBT will continue to offer essential support services such as PrimeXBT Trading Academy, where traders can learn how to use the tools and information above. The educational website is filled with market updates, trading tips, and more. PrimeXBT will continue focusing on its copy trading experience and offer weekly trading competitions through PrimeXBT Contests. Preview Summary Other aspects of PrimeXBT also aren’t going anywhere. For example, access to traditional markets like commodities, stock indices, and forex currencies will remain available separately from the Crypto Futures platform. The same commitment to customer service and quality and the same reliable trading engine will power the new and improved platform. The PrimeXBT mobile application for Android and iPhone will eventually receive an update to include the PrimeXBT Crypto Futures platform when it arrives in the coming weeks. Interesting users who cannot wait to get their hands on the all-new PrimeXBT trading product can register for a free account today and be ready the second it goes live. This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. This content contains sponsored advertising content and is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

March 14, 2023 02:31 PM Eastern Daylight Time

Image

Excitement, Opportunity on the Rise After Bay Area VC Startup Community Event on Growing With CloudWerx and Google

Cloudwerx

CloudWerx, a full-service enterprise cloud consulting firm, hosted more than 150 executives from Bay Area digital native and startup companies at its recent Google Cloud Platform (GCP) Bay Area Executive VC Community Event. Attendees heard firsthand how some of the top high-growth companies are growing and scaling their businesses using the power of GCP in partnership with CloudWerx, Veza, AMD, and Tackle. The event was held at Above The Rim at the Chase Center in downtown San Francisco on February 9. Darren Mowry, Managing Director at Google Cloud, delivered the evening’s keynote address. Managing Director at Google Cloud Darren Mowry addresses the audience at Above The Rim on February 9, as CloudWerx’s Betsy Reed, Jason Geis, and Sidhant Gupta look on. Featured speakers included CloudWerx’s Cofounder and CEO Jason Geis, newly appointed CTO Sidhant Gupta, and Cofounder and CRO Betsy Reed; AMD’s Sr. Director of Cloud Vertical Marketing Suresh Andani; Veza’s Chief Strategies Rich Dandliker; and Tackle’s Head of VCs and Startup Partnerships Luca Gianaschi. “With all the networking and interaction throughout the evening, many CloudWerx customers said it was one of the best partner events they have attended and that they’re excited for the next one,” said CloudWerx’s Geis. “Google had the right leadership join to support CloudWerx, with excellent messaging and vision from Darren Mowery.” Those in attendance were mainly CloudWerx greenfield accounts, with the CloudWerx sales team now reporting more than 20 new-new opportunities in the first week following the event. Feedback from the GCP team and CloudWerx customers on the success of the event and the amount of pipeline generated has been extremely positive. “The event Thursday exceeded all of my expectations,” said CloudWerx’s Betsy Reed. “The turnout from the Google, VC, and startup communities was humbling and energizing! I’m looking forward to chartering more initiatives to support this combined community to continue to support the acceleration and growth of disruptors, innovators, and game changers.” “I’ve come to know CloudWerx as nothing less than extraordinary,” said attendee Will Feldman, Founder of Pronto Media Group. “The event was filled with amazing people that went out of their way to be friendly and helpful. Inspiring talks, great food, amazing people in a cool location — what else can you ask for?” To learn more about CloudWerx, please visit cloudwerx.tech. About CloudWerx CloudWerx is an engineering-focused cloud consulting company that provides the most elite technology resources to solve the toughest challenges. Maintaining 100 percent customer retention and a commitment to 11/10 technical, account and customer service, the CloudWerx team has unique experience working in some of the most complex cloud environments at scale and can help your business accelerate with confidence. Please visit https://www.cloudwerx.tech/ to learn more. Contact Details Betsy Reed +1 206-999-3517 press@cloudwerx.tech Company Website https://www.cloudwerx.tech/

March 14, 2023 11:15 AM Pacific Daylight Time

Image

Tabla and Ricard Partner to Offer Real Estate Investments Through Tokenized Funds

Tabla

Ricard Group, an Australian real estate investment company, has partnered with Tabla, a blockchain stock tokenization platform, to launch the tokenized BRX Property Fund. The launch provides investors worldwide with access to Australian real estate investments in amounts as low as $100, increasing financial inclusion and expanding investment opportunities. The fund offers two options, an equity interest via a BRXP token or a Debt interest on a BRXC token. Both open opportunities in Australian real estate, a sector known for its stability and growth potential. The BRXP token is a Redeemable Preference Unit that represents an equity interest in the Fund. It is issued at AUD 100 each through a BRXP Digital Certificate, allowing investors to receive regular income and potential capital gains on the property assets held. The BRXC token, on the other hand, is a Redeemable Convertible Note issued as a digital certificate at a price of AUD 100 each, representing loans or borrowings. Investors in the BRXC token receive interest payments as a form of fund payment. Both tokens are now available for purchase on Orderbook.io, a tokenized stock trading marketplace. Orderbook.io enables users to easily trade tokens and invest in high-quality projects like those offered by Ricard Group. "We are excited to partner with Tabla to launch our tokenized funds on Orderbook.io. Our goal is to provide investors worldwide with access to quality investments like Australian real estate, even with small budgets. We believe that this partnership will allow us to achieve that goal and contribute to increasing financial inclusion," said Michael Van Cuylenburg, Principal of Ricard Group. Tabla, a blockchain cap table management platform for funds, was instrumental in the successful launch of these tokenized funds. "Tabla enabled us to streamline the process of managing our fund cap table and helped us offer our investors a seamless investment experience. We are confident that other funds looking to do similar things can also benefit from Tabla," said Michael. The launch of these tokenized funds marks an important milestone for Ricard Group and Orderbook.io, who are committed to democratizing access to high-quality investment opportunities. Furthermore, funds looking to offer similar investment opportunities can leverage the capabilities of Tabla to launch their own tokenized funds. To learn more about the BRXC and BRXP tokens, visit Orderbook.io. 1. BRXC Redeemable Convertible Note - https://www.orderbook.io/projects/brxc 2. BRXP Redeemable Preference Unit - https://www.orderbook.io/projects/brxp About Ricard Group Ricard Group is an Australian real estate investing company, providing a range of investment opportunities in the Australian property market. With a focus on stability and growth, Ricard Group provides investors with quality investments in the real estate sector. Contact: Website: https://www.ricardgroup.com.au/ Email: admin@ricardgroup.com.au Tabla is a fintech software solution provided by Ambisafe that offers cap table management for the blockchain era. Tabla helps companies manage their cap tables by leveraging blockchain technology to provide transparency, security, and automation. With Tabla, companies can easily issue, transfer, and track their ownership stakes, and investors can view their holdings in real-time. The software also offers features such as compliance reporting and investor relations management, making it a comprehensive solution for companies seeking to manage their ownership structures in the digital age. Contact Details Andrii Zamovsky andrey@ambisafe.com

March 14, 2023 11:30 AM Eastern Daylight Time

Screencastify, a leader in $2B video creation space, positioned to thrive in 2023 with new Leadership team and CEO

Screencastify

Screencastify, the leading end-to-end video creation platform, today announced major milestones and company momentum as it continues to deliver the simplest screen capture and video editing capabilities to users around the globe. Boasting significant leadership changes, including newly appointed CEO Vishal Shah, Screencastify has established itself as a front-runner for creators’ video needs. Screencastify, an original video creation tool via internet browser, has become an end-to-end platform that makes recording, editing, sharing, assessing, and viewing video simple and accessible, so anyone can become a more effective communicator. More than 12.4 million users worldwide have used Screencastify to make nearly 450 million videos since 2016. New CEO Vishal Shah has been closely involved with Screencastify since its early days when LearnCore, the sales enablement start up he co-founded as CEO in 2010, was seeking to expand its video creation capability. As part of that collaboration Shah took a board seat with Screencastify. After exiting LearnCore, he took on the position of interim President at Screencastify before being appointed CEO today. Joining the CEO, Screencastify is also announcing the appointment of veteran Paul Ray as CTO while Alex Stepien is promoted from CRO to President & CRO. Ray has almost two decades software development experience with senior roles at Chicago Booth, former CTO at LearnCore and until recently a leader at Amazon. Stepien has led revenue operations and held senior leadership roles including as the former CEO at Cappex. He joined Screencastify in 2021 as CRO. Together the team is positioned to innovate and grow in this booming market. “In March 2020, the demand for online video communication creation went through the roof,” said Vishal Shah, CEO of Screencastify. “The sudden switch to remote learning saw educators — particularly in K-12 schools and higher education — turn to Screencastify’s accessible, intuitive, and low-cost video creation solution to enhance synchronous learning as well as deliver asynchronous — self-paced — learning options. Screencastify is only scratching the surface on how we can help the people who are educating the world now and in the future.” The company met the demand spurred by the pandemic, growing the number of videos made daily by 500%, increasing daily usage by 340% and elevating the number of videos created each month from 2 million before March of 2020 to 20 million videos created monthly less than two months later. Today, Screencastify is being used by educators in more than 70% of U.S. school districts. This is just the tip of the iceberg. Shah notes “The acceptance and widespread adoption of hybrid learning as well as the growing usage of video in the classroom and for a variety of training and instructional uses in the workplace means the future is very exciting for Screencastify, which gave the world its first easy-to-use browser-based screen capture and video creation tool, and I’m delighted the business has asked me to continue the momentum.” According to HubSpot, online video communication adoption has increased 96% over the past three years, with educators, their students, mid-size businesses employees, and individual influencers and creators being the primary drivers of the trend. Screencastify stepped up as the leader in on-demand video creation by building the simplest and most intuitive end-to-end video creation platform for any user. As workplaces embrace hybrid and remote environments, the need for asynchronous video continues to grow. Screencastify has proven it can meet the high demand for a simple, on-demand video platform and will continue to embrace the challenge of meeting the needs for any school or workplace. “We have an opportunity to make video communication simpler and improve human-to-human interaction in a new era of remote working and living — but also one where video plays a greater part in communication at school, at work, and in the social lives of young people especially,” added Vishal Shah. Screencastify has been laser-focused on improving the customer experience with capabilities such as Submit that engages students and allows them to securely create screen and webcam recordings without the extension. The video is then automatically sent to the teacher. Shah notes that, “It's by far the easiest way for students to record and submit videos, as we see teachers encourage students to create more videos.” He adds that Screencastify has, “An exciting lineup of product enhancements and features in 2023 and 2024. One of our big priorities is to keep things simple while building out our capabilities. Screencastify has an enormous base of content creators and we will continue to make life easier for them. Corporate educators are also a key focus for us, with the increasing adoption of digital learning tools and video being accepted as a compelling tool in marketing and sales collateral.” K-12 and post-secondary school has been a key market for Screencastify, but other industries, businesses, and social content creators are also using the tool to create on-demand videos for purposes as diverse as onboarding, engaging customers, board presentations, or simply sharing messages and information between friends and online communities. “The edtech market will only grow,” Vishal Shah says, noting projections from GlobalData show compound annual growth rate (CAGR) growth of 16% between 2021 and 2026, and crossing $400 billion in 2026. “We believe we have a special product and I look forward to continuing to pioneer video services for our customers and grow our customer base. We are ambitious for the future.” About Screencastify Established in 2016, Screencastify is the leading end-to-end video creation platform that makes recording, editing, sharing, assessing, and viewing video more simple for everyone. Tens of millions of people in more than 190 countries use Screencastify to record and edit on-demand video. Used in education, business, and for personal creation, Screencastify provides an accessible way for anyone to create video that saves time, expands their reach, and brings a new level of clarity to their communication. For more information please visit https://www.screencastify.com/ Contact Details Screencastify Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.screencastify.com/

March 14, 2023 10:00 AM Central Daylight Time

Image

HUB Security Receives Four Million USD From PIPE Investors at 10USD Per Share

HUB Cyber Security Ltd

HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), today announced that it had issued and sold approximately 400,000 shares to two of the original PIPE investors at a price per share of $10 for proceeds of approximately $4 million dollars, in a private placement. The shares were sold pursuant to the original PIPE terms entered into in connection with the Company’s business combination. The remaining PIPE funds are currently being negotiated with investors and the Company remains in discussions with the investors to receive those funds. About HUB Cyber Security Ltd. HUB Cyber Security Ltd ("HUB") was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces. HUB specializes in unique Cyber Security solutions protecting sensitive commercial and government information. HUB debuted an advanced encrypted computing solution aimed at preventing hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. HUB operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity services worldwide. Forward-Looking Statements This press release contains forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995, including statements about the anticipated benefits of the transaction, and the financial condition, results of operations, earnings outlook, and prospects of the combined company. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "future," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "seem," "should," "will," "would" and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements are based on the current expectations of the management of HUB, as applicable, and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties, or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made with the SEC by the HUB and the following: (i) expectations regarding HUB's strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and HUB's ability to invest in growth initiatives and pursue acquisition opportunities; (ii) the outcome of any legal proceedings that may be instituted against HUB; (iii) the ability of HUB to meet stock exchange continued listing standards; (iv) the ability of HUB to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (v) limited liquidity and trading of HUB’s securities; (vii) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (viii) the possibility that HUB may be adversely affected by other economic, business, and/or competitive factors; (x) inaccuracies for any reason in the estimates of expenses and profitability and projected financial information for HUB; and (xi) other risks and uncertainties set forth in the section entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in HUB’s final proxy statement/prospectus filed on December 5, 2022. Should one or more of these risks or uncertainties materialize or should any of the assumptions made by the management of HUB prove incorrect, actual results may vary in material respects from those expressed or implied in these forward-looking statements. All subsequent written and oral forward-looking statements concerning the business combination or other matters addressed in this press release and attributable to HUB or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in the press release. Except to the extent required by applicable law or regulation, HUB undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events. Contact Details Hub Cyber Security hubpr@hubsecurity.io Company Website https://hubsecurity.com/

March 14, 2023 10:30 AM Eastern Daylight Time

1 ... 303 304 305 306 307 ... 638