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Addison, TX, Nov. 21, 2024 (GLOBE NEWSWIRE) -- MDB Capital Holdings, LLC, (NASDAQ: MDBH) (“MDB”), a public venture platform focused on launching category-leading deep technology companies, today provides an update on operations through and subsequent to the quarter ended September 30, 2024. “Throughout the year, we continued to strengthen our operations to increase our capacity to curate and diligence deep technology ideas that we can ultimately finance and help stand up to become leaders in their technology category,” said Christopher Marlett, CEO and Co-Founder of MDB. “At the same time, we deepened and broadened our relationships with our investor community by expanding our self-clearing brokerage offerings and securing new partnerships like we recently announced with one of the largest and most active angel investor networks in the nation, TCA Venture Group.” Marlett concluded, “On the heels of a successful IPO for Invizyne Technologies, a ‘Big Idea’ company we spun out from the UCLA laboratory to the public market using our complete process, I am happy to report that we have a robust pipeline of new opportunities in the final stages of diligence. As we head into 2025, we are focusing on scaling the number of deep technology ideas we turn into valuable public companies and increasing operational efficiency.” Third Quarter 2024 and Subsequent Operational Highlights Launched and completed an initial public offering for Invizyne Technologies: On November 13, the leading designer of cell-free, enzyme-based biomanufacturing systems to produce commercially important molecules and chemicals for everyday life, began trading on NASDAQ under the ticker symbol “IZTC.” MDB co-founded the company and currently owns approximately 48% of outstanding shares. Announced a collaboration with Mayo Clinic to advance an anti-senescence platform: We launched a new “Big Idea” company through a patent and know-how license agreement with Mayo Clinic to develop a small molecule anti-senescence platform. This collaboration aims to advance research in longevity and age-related disease prevention and involved a $150,000 upfront license fee to Mayo. Initially, MDB owns a 67% founding ownership stake in a new company with the option to invest up to $5 million more for additional equity. Enhanced our curation and diligence capabilities: We increased the number of trained analysts to thirteen across our organization. Year-to-date, this enabled us to screen 8,751 private and public companies and further examined 217 with the highest probability of becoming market leaders, which has resulted in a robust pipeline of potential “Big Ideas” to bring to market. Increased PatentVest engagements: Our integrated IP intelligence, strategy consulting, and IP law firm, which enables visionary companies to develop into technology leaders, worked with eight clients, up from three at the end of 2023. While revenue generation is in its early stages, our initial clients have enabled us to understand how to best position the business for growth and we remain optimistic about the prospects for the company. Expanded and deepened relationships with our unique investor community: Since the end of 2023, we increased our shareholder base by 15%, onboarded over 450 new brokerage accounts, increased assets under management from roughly $2 million to $28 million before taking into account the Invizyne IPO, and announced a new partnership with TCA Venture group to continue to expand awareness and participation in the only clearing and trading platform built for public venture investing. Reported consolidated financial results: On November 12, we filed Form 10-Q with the SEC, which reports consolidated results from all operations, including Invizyne since the IPO did not occur before the quarter end. During today’s investor call, a financial breakout of operations will be discussed. In future quarters, illustrations of separate operating performance will be provided via an “Investor Toolkit” to be used in conjunction with regularly scheduled Form 10-Q filings. Third Quarter 2024 Results Zoom Webinar at 4:30 p.m. ET Today Christopher Marlett, CEO and Co-Founder of MDB will lead the call and will be joined by other members of the management team to review recent developments, ongoing initiatives, anticipated milestones, as well as host a question-and-answer period. Investors can pre-register now for the Zoom webinar HERE . The live webinar can also be accessed on the day of the event through MDB’s investor relations website at https://investors.mdb.com/ . About MDB Capital Holdings, LLC Founded in 1997, MDB Capital focuses on launching "Big Ideas" into valuable public companies with a better approach to public venture capital. This approach involves community-driven financings of pre-revenue, early-stage deep technology companies through early public offerings, primarily listed on NASDAQ, as well as post-IPO offerings for already public companies that fit MDB's overall criteria for investment. MDB Capital is the brand under which MDB Capital Holdings, LLC (NASDAQ: MDBH) and its subsidiaries operate and provide services, which includes a self-clearing broker-dealer and trading platform and an integrated, intellectual property (IP) strategy consulting and law firm. MDB Capital is a registered broker-dealer, Member FINRA/SIPC. For more information, please visit www.mdb.com . Forward-Looking Statements This press release contains "forward-looking statements." These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as "expect," "anticipate," "should," "believe," "hope," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," "shall" and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond MDB's control. MDB's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in documents that may be filed by MDB from time to time with the SEC. The forward-looking statements included in this press release represent MDB's views as of the date of this press release. MDB anticipates that subsequent events and developments will cause its views to change. MDB undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing MDB's views as of any date subsequent to the date of this press release. Investor Relations Contact: IR@mdb.com Media Contact: press@mdb.com
Netanyahu tells Israel parliament 'some progress' on Gaza hostage deal
Tel-Aviv, Israel, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, USA and Israel, today announced that it will hold an extraordinary general meeting of shareholders (the “Meeting”) at the Company’s offices at 18 Rothschild Boulevard, 1st Floor, Tel Aviv 6688121, Israel, on Thursday, January 30, 2025, at 3:00 p.m., Israel time, and thereafter as it may be adjourned or postponed from time to time. The agenda of the Meeting will be to approve the terms of service and compensation of Mr. Ben Sheizaf, the Company’s Chairman of the Board. Shareholders of record as of the close of business on December 30, 2024 will be entitled to vote at the Meeting or any adjournments or postponements thereof. The Company plans to mail a proxy statement that describes the proposal to be considered at the Meeting and a proxy card on or about December 31, 2024. A proxy statement and proxy card will also be furnished to the Securities and Exchange Commission on Form 6-K on or about December 23, 2024. The resolution to be presented at the Meeting requires the affirmative vote of holders of at least a majority of the ordinary shares voted at the Meeting on the matter presented for passage, in person or by proxy or via the electronic system of the Israel Securities Authority. Eligible shareholders may present proper proposals for inclusion in the Meeting by submitting their proposals to the Company no later than December 30, 2024. Shareholders may vote their ordinary shares by means of a proxy card, which is required to be received by the Company, along with the documentation set forth in the proxy statement, by 11:00 a.m., Israel time, on January 30, 2025 (four hours prior to the Meeting), to be counted for the Meeting, or through the electronic system of the Israel Securities Authority until six hours prior to the Meeting. About Ellomay Capital Ltd. Ellomay is an Israeli based company whose shares are listed on the NYSE American and the Tel Aviv Stock Exchange under the trading symbol “ELLO”. Since 2009, Ellomay Capital focuses its business in the renewable energy and power sectors in Europe, USA and Israel. To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy, Spain, the Netherlands and Texas, USA, including: For more information about Ellomay, visit http://www.ellomay.com . Information Relating to Forward-Looking Statements This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company’s management. All statements, other than statements of historical facts, included in this press release regarding the Company’s plans and objectives, expectations and assumptions of management are forward-looking statements. The use of certain words, including the words “estimate,” “project,” “intend,” “expect,” “believe” and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company’s forward-looking statements, including changes in electricity prices and demand, continued war and hostilities in Israel, regulatory changes, including extension of current or approval of new rules and regulations increasing the operating expenses of manufacturers of renewable energy in Spain, increases in interest rates and inflation, changes in the supply and prices of resources required for the operation of the Company’s facilities (such as waste and natural gas) and in the price of oil, the impact of continued military conflict between Russia and Ukraine, technical and other disruptions in the operations or construction of the power plants owned by the Company and general market, political and economic conditions in the countries in which the Company operates, including Israel, Spain, Italy and the United States. These and other risks and uncertainties associated with the Company’s business are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Contact: Kalia Rubenbach (Weintraub) CFO Tel: +972 (3) 797-1111 Email: hilai@ellomay.comPitt basketball ranked 25th in coaches' poll
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LOS ANGELES — Londynn Jones scored 15 points, making all five of her 3-pointers, and fifth-ranked UCLA stunned No. 1 South Carolina 77-62 on Sunday, ending the Gamecocks' overall 43-game winning streak and their run of 33 consecutive road victories. The Gamecocks (5-1) lost for the first time since April 2023, when Caitlin Clark and Iowa beat them in the NCAA Tournament national semifinals. Te-Hina Paopao scored 18 points and Tessa Johnson scored 14 for the Gamecocks, whose road winning streak was third-longest in Division I history. It was the first time UCLA took down a No. 1 team in school history, having been 0-20 in such games. The program's previous best wins were over a couple of No. 2s — Oregon in 2019 and Stanford in 2008. Elina Aarnisalo added 13 points as one of five Bruins in double figures. UCLA (5-0) dominated from start to finish, with the Bruins' suffocating defense preventing the Gamecocks from making any sustained scoring runs. South Carolina: The Gamecocks trailed by double-digits at halftime for the first time since Dec. 21, 2021, against Stanford, according to ESPN. Chloe Kitts, who averages a team-leading 14 points, finished the game with 2 points on 1 of 7 shooting. UCLA: The Bruins led 43-22 at halftime. Eight different players scored and contributed to 11-0 and 7-0 runs in the first and second quarters as they shot 52% from the field. The first quarter set the tone for a game in which the Gamecocks never led. They missed their first nine shots and were 4 of 18 from the floor in the quarter. UCLA ran off 11 straight points to take a 20-10 lead into the second quarter. The Bruins dominated the boards, 41-34, and held the Gamecocks well under their scoring average of 80.2 points. South Carolina travels to Florida to meet Iowa State in the Fort Myers Tipoff on Thanksgiving. UCLA travels to the Rainbow Wahine Showdown in Hawaii to play UT Martin on Friday. Get local news delivered to your inbox!
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We all have heard either, “Oh, I admire your patience,” or “Why can’t you show some patience?” at some point in our lives. Patience is often considered as a cornerstone for moral behaviour, and an extension of self-control, perseverance, and emotional intelligence. But is it really the virtue we’ve been taught to believe it is? Scientists, however, observe patience as a coping mechanism . Studies suggest that patience may not stem from a moral high ground but rather from our brain's ability to adapt and regulate emotions during challenging situations. Patience (n) is the quality of being able to stay calm and not get angry, especially when something takes a long time, according to the Cambridge Dictionary . However, patience has always been a sort of “I know it when I see it” concept, and UC Riverside psychology researcher Kate Sweeny, wanted to make sense of it, in a more systematic and scientific manner. “Philosophers and religious scholars call patience a virtue, yet most people claim to be impatient. That made me wonder if maybe patience is less about being a good person and more about how we deal with day-to-day frustrations,” Sweeny said in a release. Sweeny sought to establish a more precise understanding of patience and impatience for her research. In the article “ When Time is the Enemy: An Initial Test of the Process Model of Patience ,” published in the journal Personality and Social Psychology Bulletin, Sweeny tried to define impatience and patience. In her three studies of 1200 people, she concluded that impatience is the emotion people feel when they face a delay that seems unfair, unreasonable, or inappropriate. For instance, a traffic jam outside of rush hour, or a meeting that should have ended 15 minutes ago. She also arrived at the conclusion that patience, therefore, is how we cope with those feelings of impatience. Psychologists use the term ‘ emotion regulation ’ to explain the strategies people use to either reduce or sometimes increase) the intensity of their emotions. Sweeny, on the other hand, noted that patience is the subset of these strategies that particularly target feelings of impatience. Protect Your Heart During Pollution: Doctor’s Essential Guide The participants in the study were asked to think about their responses in different frustrating situations from everyday life. While one depicted a traffic jam, another described a long and boring meeting. A few others imagined being stuck in a waiting room. The participants were then asked to respond how impatient they would feel in each situation, and if they would practice strategies such as distraction, deep breathing, or seeing the upsides of the situation, in order to counter this impatience. The findings reveal that the three scenarios that create a ‘perfect storm’ for impatience are when the stakes are relatively high when the state of waiting is unpleasant, and when someone is clearly to blame for the delay. The impatience surges when the delay is longer than anticipated. Though nearly every participant in the studies expressed feeling a bit impatient in frustrating situations, a few other were more patient than others. These people were more comfortable with open-ended situations and more emotionally stable (i.e., low in need for closure and neuroticism) and stated that they wouldn’t feel too impatient in such scenarios. People who were more emotionally skilled and better at self-regulation stated that they would respond more patiently, even when they felt impatient. “Our initial findings support many of our ideas about patience and impatience. We have a lot still to learn, but our approach is quite promising in terms of helping people to manage feelings of impatience and ultimately become more patient in their daily lives,” Sweeny adds. (Pic courtesy: iStock) Stay updated with the latest news on Times of India . Spread love this holiday season with these Christmas wishes , messages , and quotes.
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The US State and Treasury departments said they hit Georgian Dream party founder and honorary chairman Bidzina Ivanishvili with penalties “for undermining the democratic and Euro-Atlantic future of Georgia for the benefit of the Russian Federation”, according to a statement. The designation of Mr Ivanishvili is the latest in a series of sanctions the US has placed on Georgian politicians and others this year. Those sanctions include freezes on assets and properties those targeted may have in US jurisdictions or that might enter US jurisdictions as well as travel bans on the targets and members of their families. “We strongly condemn Georgian Dream’s actions under Ivanishvili’s leadership, including its ongoing and violent repression of Georgian citizens, protesters, members of the media, human rights activists, and opposition figures,” the State Department said in a statement. “The United States is committed to promoting accountability for those undermining democracy and human rights in Georgia.” Mr Ivanishvili is a billionaire who made his fortune in Russia and served briefly as Georgia’s prime minister. In 2012, he founded Georgian Dream, Georgia’s longtime ruling party. Critics have accused Georgian Dream of becoming increasingly authoritarian and tilted towards Moscow. The party recently pushed through laws similar to those used by the Kremlin to crack down on freedom of speech and LGBT+ rights, prompting the European Union to suspend Georgia’s membership application process indefinitely. In October, Georgian Dream won another term in a divisive parliamentary election that has led to more mass protests. Last month, the country’s prime minister, Irakli Kobakhidze, announced a four-year suspension of talks on Georgia’s bid to join the European Union, fuelling further public outrage.Tom Lee Predicts a 10x Boom for Nvidia: Breaking Down the Bull and Bear Cases
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