Victory Square Technologies Announces Upsizing of its Previously Announced Private Placement of Special Warrants...
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Victory Square Technologies Inc. ("Victory Square" or the "Company") (CSE: VST) (OTC: VSQTF) (FWB: 6F6) is pleased to announce, due to strong investor demand, that it has entered into an amended agreement with Gravitas Securities Inc. (the "Lead Agent"), on its own behalf and on behalf of a syndicate of agents (collectively, the "Agents"), to increase the size of the previously announced private placement of the Company. Pursuant to the increase, the Company will offer for sale up to an aggregate of 10,576,924 non-transferable special warrants of the Company (the "Special Warrants") at a price of $0.52 per Special Warrant, for aggregate gross proceeds of approximately $5.5 million (the "Private Placement Offering"). The Company has also amended the option granted to the Agents to provide for the sale of up to an additional 1,923,077 Special Warrants (the "Over-Allotment Option"), which option is exercisable by the Agents, in whole or in part, at any time up to 30 days following the closing of the Private
WASHINGTON (REUTERS) - The White House on Monday (Oct 26) planned a celebration to mark the Republican Senate's expected confirmation of President Donald Trump's conservative nominee Amy Coney Barrett to the Supreme Court, one a month after a similar event was linked to a Covid-19 outbreak that infected the president, among others. While Democrats have fiercely opposed Mrs Barrett's nomination, Republicans hold a 53-47 Senate majority and her confirmation to a lifetime post on the court seems assured. Trump pressed the Senate to confirm Mrs Barrett before the Nov 3 election, which would create a 6-3 conservative majority on the top US judicial body. Mrs Barrett, a federal appeals court judge, is Mr Trump's third selection for the court, enabling him to remake it in a dramatic fashion as part of his success in moving the broader federal judiciary to the right since taking office in 2017. The Sept 26 Rose Garden ceremony at which Trump officially named Barrett to replace the late liberal Justice Ruth Bader Ginsburg preceded a wave of Covid-19 cases among top Republicans including Mr Trump and first lady Melania Trump. The president spent three days hospitalized receiving Covid-19 treatment. White
Apple AirPods Getty Images Apple is planning to launch new AirPods and AirPods Pro as soon as early next year, Bloomberg reported Monday. It's a move that could help Apple continue to boost its Wearables, Home and Accessories business, which reported $6.45 billion in revenue last quarter, up more than 16% from a year earlier. The segment includes AirPods, the Apple Watch, Apple TV and accessories like cases and chargers. The new AirPods are set to join the widely anticipated, high-end over-ear headphones. The company stopped including wired Earpods with its new iPhones, which means more people may end up buying Apple's wireless headphones instead. Apple did not immediately respond to a request for comment. The new regular AirPods reportedly look similar to the current model of the AirPods Pro, with a shorter stem and replaceable tips, but without noise cancellation. Apple is aiming to launch them as soon as the first half of 2021, according to Bloomberg. Galaxy Buds Live headphones Verizon The report said Apple may eliminate the stem from the new
German software giant SAP saw its stock price collapse Monday as it slashed its yearly financial targets while predicting lasting damage from the coronavirus pandemic. SAP’s Frankfurt-listed shares sank as much as 20.8 percent to 98.88 euros ($116.86), putting one of Europe’s most valuable tech firms on track for its worst day in more than two decades. Its New York-listed stock tumbled more than 21 percent in premarket trading to $118.00 as of 8:59 a.m. The rout came after SAP warned investors Sunday that recovery in demand for its business software products has been “more muted than expected” as spikes in COVID-19 infections led to renewed lockdowns in some countries. As a result, SAP cut the high end of its operating profit outlook for 2020 by 200 million euros to 8.5 billion euros, or about $10 billion, while its top revenue estimate dropped from 28.5 billion euros to 27.8 billion (about $32.8 billion). “SAP’s poor [third-quarter] results and weak outlook suggest that a recovery for on-premise software vendors could take longer than anticipated, as clients continue to delay major IT upgrades,” said Bloomberg Intelligence analysts Anurag Rana and Gili Naftalovich. Walldorf, Germany-based SAP also provided a more gloomy outlook for