Month: September 2021

Event expected to generate revenue over $60 million in 2022 MIAMI, Sept. 20, 2021 (GLOBE NEWSWIRE) — Touchpoint Group Holdings, Inc. (OTCQB: TGHI), a media and digital technology holding company, today announced that it has acquired the World Championship Air Race (WCAR) through an asset purchase agreement. Management and all key operational staff for the WCAR will join Touchpoint’s wholly owned subsidiary, Air Race Limited (Company), under long-term agreements. In addition, all key supplier, participating host city and participating team contracts will be assumed by the Company. WCAR is a race format developed by Red Bull as the Red Bull Air Race. The Red Bull Air Race was founded in 2003 and has hosted 94 championship series races around the globe. It has attracted viewers in 187 countries and has been broadcast to an audience...

The acquisition of interests in six properties in consideration for stock represents the benchmark of Community Redevelopment Inc.’s initial expansion strategy of property/project ownership throughout the Mid-Atlantic and Southeastern United States MIAMI, Sept. 20, 2021 (GLOBE NEWSWIRE) — Community Redevelopment Inc. (OTC: CRDV) (“the Company”), a developer of community oriented real estate in urban and suburban markets with a focus on all aspects of the real estate development cycle, announced today it executed a Merger Agreement by which it has now acquired a portfolio of membership interests in six commercial retail, multifamily and mixed-use properties, in the Washington, DC Metro area. All the properties are both partially occupied and under continued development. Community Redevelopment Inc. sourced this opportunity...

NASHVILLE, TN, Sept. 20, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – Simulated Environment Concepts, Inc. (OTC-PINK:SMEV) is proud to announce it has Acquired Nitro Holdings LLC to handle East Coast revenue producing opportunities. Details and terms of the acquisition will be announced at a later date. Marvin Baker states, “With the Acquisition of Nitro Holdings LLC, which will focus primarily on acquiring positive cash flow companies, this acquisition will allow us to diversify quickly into new revenue producing opportunities.”   President/CEO of Nitro Holdings, Bryan Wilkinson, will be added to the board of directors of SMEV immediately. Bryan Wilkinson states, “I would like to Thank Marvin Baker for giving Nitro the opportunity to join SMEV, and assist with helping complete some of the turnkey, high growth opportunities we have...

PEMBROKE, Bermuda, Sept. 20, 2021 (GLOBE NEWSWIRE) — Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that reached an agreement to purchase ARA 1857 S.p.A.- Assicurazioni Rischi Agricoli VMG 1857 (ARA), one of the leading companies in the Italian agriculture insurance market. The transaction is expected to close within the first quarter of 2022, pending regulatory approvals. ARA will continue to operate under the same brand name and will serve to strengthen the Sompo International agriculture book of business in Europe through increased geographical and exposure distribution. ARA is an Italian insurance company predominantly active and specializing in crop insurance. ARA’s roots derive from Vecchia Mutua Grandine ed Eguaglianza, a mutual insurance...

Lottery.com also announces replay of analyst day webcast AUSTIN, Texas and NEW YORK, Sept. 20, 2021 (GLOBE NEWSWIRE) — Trident Acquisitions Corp. (“Trident”) (Nasdaq: TDAC, TDACW, TDACU) announced today that it has filed an amended Form S-4 (the “Registration Statement”) with the Securities and Exchange Commission (“SEC”) in relation to its proposed business combination with AutoLotto, Inc. (“Lottery.com”), a leading technology company that is transforming how, where and when the lottery is played. This Registration Statement includes additional information related to its proposed business combination with Lottery.com, including Lottery.com’s second quarter 2021 financial statements. The Registration Statement can be accessed here. Additionally, Lottery.com hosted an analyst day webcast in connection with its proposed business...