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Cansortium Inc. Completes New Senior Secured Credit Agreement Ahead of Planned Business Combination Closing with RIV Capital

TAMPA, Fla., Nov. 26, 2024 (GLOBE NEWSWIRE) — Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically integrated, multi-state cannabis company operating under the FLUENT™ brand, announced today that it has closed on a new senior secured credit agreement (the “Credit Agreement”) of up to $96,500,000 with Chicago Atlantic Admin, LLC (“Chicago Atlantic”), as administrative agent for certain lenders. The Credit Agreement bears a cash interest rate of 12.00% per annum and paid-in-kind (PIK) interest of 1.00% per annum, and is due to mature on November 26, 2028. The Credit Agreement refinances the existing $71,000,000 senior secured term loan that was set to mature May 29, 2025, thereby eliminating the previously disclosed requirement that the Company prepay $10,000,000 upon the consummation...

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Fnac Darty receives approval from the European Commission for the acquisition of Unieuro

PRESS RELEASE Ivry-sur-Seine, France — 26 November 2024, 5:45 p.m. CEST THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IS NOT PERMITTED IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER COUNTRY WHERE SUCH COMMUNICATION WOULD VIOLATE THE RELEVANT APPLICABLE REGULATION FNAC DARTY RECEIVES APPROVAL FROM THE EUROPEAN COMMISSION FOR THE ACQUISITION OF UNIEURO Fnac Darty announces that the European Commission has today unconditionally authorized the acquisition of Unieuro. This is a decisive step in the creation of a leader in Consumer electronics, Domestic appliances, Editorial products and Services in Southern and Western Europe, with over €10 billion in revenue, 30,000 employees and more than 1,500 stores. The Procedure to Comply with the Obligation...

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Abacus Life Targets Close of the Acquisition of Carlisle Management Company S.C.A. for December 2, 2024 with Receipt of Regulatory Non-Objection

ORLANDO, Fla., Nov. 26, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, announced it has received regulatory non-objection from the Luxembourg Commission de Surveillance du Secteur Financier (“CSSF”) for the acquisition of Carlisle Management Company S.C.A. (“Carlisle”), a leading Luxembourg-based investment fund manager in the life settlement space. “We are thrilled to be able to move forward with the closing of the Carlisle acquisition by the end of the fourth quarter, as we have previously communicated,” said Abacus Life CEO Jay Jackson. “Carlisle will add approximately $2.0 billion in assets under management to our ABL Wealth division,...

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Cipher Mining Announces Acquisition of New Site in West Texas, Adding 100 MW of Capacity to its Growing Portfolio of Power and Data Center Development Opportunities

The 250-acre site includes approvals and a signed facility extension agreement for up to 100 MW Anticipated availability of power consumption in the first half of 2026 NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it has closed a transaction to acquire a new site in West Texas called Stingray for a cash payment of $4.1 million and a variable fee of $1.5/MWh for the initial five years after the energization of the site. The site features up to 100 MW of front-of-the-meter capacity and all necessary regulatory approvals, 250 acres of land adjacent to the transmission assets, and a completed facility extension agreement with ONCOR. “We are very pleased to add the new 100 MW Stingray data center site to our expanding pipeline. With the addition of this site,...

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180 Degree Capital Notes Its Portfolio Company Brightcove, Inc., Entered into an Agreement to be Acquired by Bending Spoons

MONTCLAIR, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”), is pleased to note that its portfolio company, Brightcove, Inc. (BCOV), announced yesterday that it has entered into a definitive agreement to be acquired by Bending Spoons for approximately $233 million, or $4.45 per share. Prior to this announcement, 180 Degree Capital owned approximately 1.35 million shares of BCOV. “We would like to congratulate Marc, John, and the entire BCOV team on today’s announcement,” said Kevin M. Rendino, Chief Executive Officer of 180 Degree Capital. “We began building our position in BCOV when Marc joined as CEO, and we continued to add to it based on our belief that BCOV’s strong balance sheet, differentiated platform, and recurring revenue would ultimately be fairly valued by the market...

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Omegro Acquires Dassian

TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) — Today Omegro announced the acquisition of Dassian, a premium provider of SAP Certified Add-ons for complex contract and project management within highly regulated environments. Dassian enables the world’s largest aerospace and defence, life sciences, and technology businesses remain compliant in the delivery of their federal contracts. Since its founding in 2007, Dassian has built a strong track record of helping organizations optimize their project accounting processes, reduce costs, and improve compliance through its innovative software solutions. The acquisition will allow Omegro to expand its market presence and deepen its capabilities in this critical area. “This acquisition is a great opportunity for both Omegro and Dassian to work together and continue enabling the world’s largest...

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Air Freight Market is Poised to Achieve Worth of USD 162.39 Billion by 2031 | SkyQuest Technology

Westford USA, Nov. 26, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Air Freight Market size will attain a value of USD 162.39 Billion by 2031, with a CAGR of 10.3% over the forecast period (2024-2031). A combination of factors has driven rapid expansion in the air freight market in recent times. With the growth of the e-commerce industry, rapid and cross-border shipments have been emerging as a high-demand area. Air freight has become a source of critical supply chain destination due to the rapidly rising expectations of customers who seek expedited deliveries. Moreover, technological development has swept through changes in the air freight market. It interlinks blockchain, AI, and IoT to achieve better security, operation optimization, and visibility of the supply chain. All these technologies enable speedy customs processing...

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Vacuum Cleaner Market is Predicted to Evolve at a Notable 9.7% CAGR through 2031 | SkyQuest Technology

Westford USA, Nov. 26, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Vacuum Cleaner Market. size will attain a value of USD 29.45 Billion by 2031, with a CAGR of 9.7% over the forecast period (2024-2031). Growing disposable income of people around the world and rising emphasis on cleanliness and hygiene are projected to primarily augment the vacuum cleaner market growth over the coming years. The development of robotic and automated vacuum cleaners is projected to offer new business opportunities for market players going forward. Download a detailed overview: https://www.skyquestt.com/sample-request/vacuum-cleaner-market Browse in-depth TOC on “Vacuum Cleaner Market”Pages – 165 Tables – 62 Figures – 75Vacuum Cleaner Market Overview:Report Coverage DetailsMarket Revenue in 2023 $ 12.8...

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Chronic Wound Care Market to Expand at a Modest 4.17% CAGR through 2031 | SkyQuest Technology

Chronic wounds are difficult to treat, with symptoms such as loss of skin tissue around the wound. Once a wound becomes chronic, medical intervention is necessary intensive care and chronic wound care products to heal the wound. Westford, USA, Nov. 26, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the chronic wound care market size will attain a value of USD 30.85 billion by 2031, with a CAGR of 4.17% over the forecast period (2024-2031). High prevalence of chronic diseases and advancements in wound care technologies are expected to drive chronic wound care market growth over in the future. Rising investments in wound care research are also expected to create new business scope for chronic wound care companies going forward. Request your free sample PDF of the report today: https://www.skyquestt.com/sample-request/chronic-wound-care-market Browse...

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Spectrometry Market to Witness 7.2% CAGR by 2031 | SkyQuest Technology

The key factors propelling the growth of the global spectrometry market size, is the growing usage of spectrometry methods for drug testing, quality assurance, and quality control of goods in the pharmaceutical and biotechnology sectors. Westford, USA, Nov. 26, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Spectrometry Market size will attain the value of USD 30.29 Billion by 2031, with a CAGR of 7.2% during the forecast period (2024-2031). Increasing use of spectrometry techniques in the pharmaceutical and biotechnology industries for drug testing, drug discovery, protein testing, reagents, quality assurance, quality control and materials are major drivers for spectrometry market growth. The development of technologically advanced spectroscopy instruments and consumables is anticipated to provide growth avenues to this market....

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