ETC Announces Notice of Annual Meeting of Shareholders

SOUTHAMPTON, Pa., July 01, 2022 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today announces that the Annual Meeting of Shareholders (“Annual Meeting”) will be held virtually via Zoom on Thursday, August 4, 2022 at 10:00 a.m. for the following purposes:

  1. To elect five (5) Directors to serve on the Board of Directors until ETC’s 2023 Annual Meeting of Shareholders and until their successors are elected.
  2. To ratify the appointment of RSM US LLP as the independent registered public accounting firm for ETC for the fiscal year ending February 24, 2023.
  3. To transact such other business as may properly come before the meeting and any adjournment of the meeting.

ETC will be convening the meeting from our Corporate Headquarters via Zoom. If you would like to have the Zoom link emailed for access to the meeting, please email Andrea Morton at amorton@etcusa.com. Links will be emailed within twenty-four (24) hours of the meeting time.

The Board of Directors has fixed the close of business on June 23, 2022 as the Record Date for the determination of shareholders entitled to notice of and to vote at the Annual Meeting. Materials for the Annual Meeting were made available on or about June 30, 2022 to registered shareholders as of the Record Date. Such materials are also available within the Investors section of ETC’s website at https://www.etcusa.com/investors/ shareholder-information/annual-meetingshareholders-materials/.

You can vote your shares by emailing your position on each of the above items to voting@etcusa.com. If you are unable to attend the Annual Meeting, it is still important that your shares be represented. Please vote your shares promptly.

______________

About ETC:

ETC designs, manufactures, and sells software driven products and services used to recreate and monitor the physiological effects of motion on humans, and equipment to control, modify, simulate and measure environmental conditions. Our products include aircrew training systems (aeromedical, tactical combat, and general), disaster management systems, sterilizers (steam and gas), environmental testing and simulation systems, and other products that involve similar manufacturing techniques and engineering technologies. ETC’s unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. ETC is headquartered in Southampton, PA. For more information about ETC, visit http://www.etcusa.com/.

Forward-looking Statements

This news release contains forward-looking statements, which are based on management’s expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include words such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “future”, “predict”, “potential”, “intend”, or “continue”, and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial performance. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements.

Contact:      Joseph F. Verbitski, Jr., Chief Financial Officer
Phone:        (215) 355-9100 x1531
E-mail:        jverbitski@etcusa.com

Soba Launches Alpha and Raises Seed Round From Lightspeed, FTX and Cherry

Soba launches Alpha open-world gaming platform where anyone can create games on any device through no-code tools. Soba is built on web3 and focuses on creating the best environment for creators.

Welcome to Soba

Welcome to Soba

BERLIN, July 01, 2022 (GLOBE NEWSWIRE) — Soba launches Alpha open-world gaming platform where anyone can create games on any device through no-code tools. Soba is built on web3 and focuses on creating the best environment for creators.

Additionally, Soba announced that it has raised $13.6 million in seed financing led by Lightspeed Venture Partners with participation from FTX Ventures.

Cherry Ventures, Point Nine Capital and TQ Ventures in addition to creators like Matthew “Nadeshot” Haag, Jack “CouRage” Dunlop, Tim “ClashwithAsh” Evans, Alvaro “Alvaro845” González de Buitrago, have also taken part in the financing round.

Soba’s vision is to build the most inclusive virtual world, where anyone can express their ultimate creativity through game creation.

You can access the full press release here and the media kit here.

For further questions, you can contact Soba’s head of marketing, Irina Nikolovska – irina.nikolovska@crew.gg

Related Images

Image 1: Welcome to Soba

This content was issued through the press release distribution service at Newswire.com.

Attachment


Copyright © 2022 GlobeNewswire, Inc.

Sale of undelivered Iveco Group N.V. common shares

Demerger of CNH Industrial N.V. through the Separation and Transfer of its “On-Highway” Business to Iveco Group N.V. – Final Settlement

Sale of undelivered Iveco Group N.V. common shares

London / Turin, 30th June 2022

CNH Industrial N.V. (CUSIP: N20944 109; ISIN: NL0010545661; TICKER: CNHI) and Iveco Group N.V. (ISIN: NL0015000LU4; TICKER: IVG) announce the final corporate activities related to the spin-off of CNH Industrial N.V.’s On-Highway business to Iveco Group N.V. (“the Demerger”), consummated on January 1, 2022.

As of 5pm Eastern Time on June 24, 2022, a number of CNH Industrial shareholders entitled to receive Iveco Group N.V. common shares (representing slightly over 1% of issued Iveco Group capital stock), as a result of the Demerger, failed to provide the details of a securities account with an intermediary of Monte Titoli S.p.A., to which the Iveco Group common shares (listed on Euronext Milan and only capable of being held and settled within the systems of Monte Titoli S.p.A.) could be delivered (“the Relevant CNHI Shareholders”, and the Iveco Group N.V. common shares they are entitled to, “the Undelivered IVG Shares”).

Therefore, as per the Demerger documentation, Citigroup Global Markets Europe AG has been appointed to sell the Undelivered IVG Shares on Euronext Milan, in accordance with regulations and market practices. At the end of such sales the total proceeds (net of all transaction costs, including brokerage, administration and foreign exchange fees) will be credited to the Relevant CNHI Shareholders, which will receive their pro rata portion of such aggregate proceeds (in US dollars), either by check or by wire transfer, to the extent they have timely provided Computershare Trust Co N.A. (the transfer agent of CNH Industrial N.V.) with their bank account details and the relevant conditions are met. The exact payment dates cannot be confirmed at this stage; however, in case the Relevant CNHI Shareholders do not receive payment by July 31, 2022, they are kindly invited to contact Computershare Trust Co N.A.

Additional information about the announced activities (namely the allocation of Iveco Group common shares to CNH Industrial shareholders and the settlement of the Undelivered IVG Shares), is available on the corporate website of Iveco Group N.V.

CNH Industrial (NYSE: CNHI / MI: CNHI) is a world-class equipment and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, Case IH and New Holland Agriculture supply 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment deliver a full lineup of construction products that make the industry more productive. The Company’s regionally focused Brands include: STEYR, for agricultural tractors; Raven, a leader in digital agriculture, precision technology and the development of autonomous systems; Flexi-Coil, specializing in tillage and seeding systems; Miller, manufacturing application equipment; Kongskilde, providing tillage, seeding and hay & forage implements; and Eurocomach, producing a wide range of mini and midi excavators for the construction sector, including electric solutions. Across a history spanning over two centuries, CNH Industrial has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNH Industrial’s 37,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world.

For more information and the latest financial and sustainability reports visit: cnhindustrial.com

For news from CNH Industrial and its Brands visit: media.cnhindustrial.com

Iveco Group N.V. (MI: IVG) is a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain, and related Financial Services arenas. Each of its eight brands is a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly-specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; MAGIRUS, the industry-reputed firefighting vehicle and equipment manufacturer; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs approximately 34,000 people around the world and has 28 manufacturing plants and 29 R&D centres. Further information is available on the Company’s website www.ivecogroup.com

Contacts

CNH Industrial Iveco Group
Media Relations
Email: mediarelations@cnhind.com
Media Relations
Email: mediarelations@ivecogroup.com
Investor Relations
Email: investor.relations@cnhind.com
Investor Relations
Email: investor.relations@ivecogroup.com

Information on the total number of voting rights and shares

REGULATED INFORMATION

Information on the total number of voting rights and shares

Mont-Saint-Guibert (Belgium), June 30, 2022, 10:30 pm CET / 4:30 pm ET – In accordance with article  15 of the Law of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels and Nasdaq: NYXH) publishes the belowinformation following the issue of new shares.

  •  Share capital: EUR 4,438,351.16
  •  Total number of securities carrying voting rights: 25,836,279 (all ordinary shares)
  •  Total number of voting rights (= denominator): 25,836,279 (all relating to ordinary shares)
  •  Number of rights to subscribe to securities carrying voting rights not yet issued:
    •  55 “2016 ESOP Warrants” issued on November 3, 2016, entitling their holders to subscribe to a total number of 27,500 securities carrying voting rights (all ordinary shares);
    •  100 “2018 ESOP Warrants” issued on December 12, 2018, entitling their holders to subscribe to a total number of 50,000 securities carrying voting rights (all ordinary shares);
    •  490,500 “2020 ESOP Warrants” issued on February 21, 2020, entitling their holders to subscribe to a total number of 490,500 securities carrying voting rights (all ordinary shares); and
    •  1,385,125 “2021 ESOP Warrants” issued on September 8, 2021, entitling their holders to subscribe to a total number of 1,385,125 securities carrying voting rights (all ordinary shares).

For further information, please contact:

Nyxoah
Jeremy Feffer, VP IR and Corporate Communications
jeremy.feffer@nyxoah.com
+1 917 749 1494

Attachment

Free Trade Zone extended until Dec 31 – DBKL

KUALA LUMPUR, July 1 (Bernama) — The Free Trade Zone (WBB) initiative for the KL Prihatin Temporary Licence programme which ended yesterday will continue until Dec 31 with several improvements introduced starting this month.

Kuala Lumpur City Hall (DBKL) said among the improvements included payment of licence fees, setting business operating hours and arranging or relocating hawkers to address issues such as traffic barriers, cleanliness and construction of permanent structures.

The local authority said each hawker would be charged a licence renewal fee of RM20 per month and a service charge of RM30 per month to cover the cost of cleaning and management work.

“Business operating hours are limited to two sessions instead of the whole day to control the situation at the site and to facilitate cleaning work.

“Traders can choose only one session subject to the suitability of the location, either session one which starts at 7 am to 7 pm or session two which starts at 6 pm to 12 midnight,” according to DBKL in a statement, today.

According to DBKL, KL Prihatin Temporary Licence holders are given a period from now until July 15 to submit a renewal application online through the DBKL website or submit them at the Central Licence Counter of the Licensing and Business Development Department.

The status of their application can be checked at https://elesen.dbkl.gov.my/ from Aug 1 to Aug 15 and the licensee is required to pay the licence and printing fees if approved.

However, DBKL said the renewal of wet goods business activity licence is not allowed and traders are required to submit applications for the open market, morning market, night market and DBKL market or change their type of sale by Sept 30.

Regarding the restructuring and relocation of hawkers, hawkers at the location involved in complaints or harassment will be relocated subject to vacancies such as at the Hawker Centre; DBKL Market; existing night markets or open markets at locations approved by DBKL.

“Improvements have been made to ensure that the WBB programme can be continued holistically for the long term to ensure that problems can be resolved so that city dwellers and traders can benefit together in the Keluarga Malaysia (Malaysian Family),” he said.

Source: BERNAMA News Agency

5G service in stages, latest by September 2022 – Annuar

KUALA LUMPUR, July 1 (Bernama) — Consumers are expected to be able to access 5G network in stages, latest by September (2022), said Communications and Multimedia Minister (MenKOMM) Tan Sri Annuar Musa.

He said as of 1 pm yesterday, the sixth company had signed the agreement to take up equity in Digital Nasional Bhd (DNB).

Annuar said the six companies concerned had agreed to hold equity in DNB and the agreement would be followed by final negotiations on the price and so on.

“So the first phase has been resolved and at least six companies would be given the opportunity to carry out their due diligence as well as the evaluation method for the purpose of actual rollout implementation and DNB learned it may take between one to two months.

“Hopefully, in another week, by July 8, it would be formalised by the signing of certain documents, then they would be given a period to conduct due diligence so that at the latest by September, consumers can receive the rollout of 5G service in stages according to the area and the infrastructure set up earlier by DNB,” he said here today.

He was asked to comment at Meeting with MenKOMM and Briefing on 5G Implementation by the Ministry of Finance, Malaysian Communications and Multimedia Commission and DNB earlier today.

Annuar said he was happy because the rollout was delayed for several months due to appeal on determination of the Single Wholesale Network (SWN) model to be changed and now there is a solution that is accepted by all parties.

Yesterday, Annuar said that six telecommunications companies are expected to hold equity interests in DNB for the implementation of the country’s 5G infrastructure through the Single Wholesale Network (SWN) model.

Source: BERNAMA News Agency

Special Taskforce on Jihad Against Inflation to encourage sales campaigns

KUALA LUMPUR, July 1 (Bernama) — The Special Taskforce on Jihad Against Inflation will have discussions next week to encourage all outlets, grocery stores and shopping malls to hold cheap sales campaigns, Communications and Multimedia Minister Tan Sri Annuar Musa said.

As chairman of the taskforce, he said if all parties launched mass sales campaigns, it would help consumers manage their expenditure better.

“So if the sales campaigns can be held if traders are not too greedy or concerned about their self-interests as they are capable of conducting these campaigns. So it doesn’t have to wait till the end of the year,” he said after checking out the prices of food at the International Islamic University of Malaysia in Gombak today.

He said the taskforce was planning for the sales to begin in August or September and would negotiate with many more parties to conduct sales to help consumers offset the rising prices of products.

“So this way the government can bear a little, consumers can bear a little because the hike is controlled, sellers can bear a little. This is the spirit of Keluarga Malaysia to tackle inflation. If we can do this, overall we can control inflation,” he said.

He had earlier also checked the price of food at Universiti Malaya here together with Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi.

Meanwhile, Annuar said overall the taskforce would continue to urge producers and traders not to raise their prices indiscriminately.

In the instance of chicken prices, he said he understood why prices were rising due to costs but it should not be too high as it was a controlled item that was borne by the government.

“So it is hoped that traders can cooperate with consumers to not deliberately hike prices too high, which can cause inflation.

“I don’t deny production costs at all levels, like vegetables, meat and fish have risen but costs that are passed on to consumers are not commensurate with the rising costs. So if we do not raise prices on purpose, we are helping to reduce the inflation rate, that’s what I mean,” he said.

On allegations that food prices at eateries at universities have risen, Annuar said he found it did occur but not at such a high rate, but he was of the view that traders need to make an effort not to raise prices.

He said he congratulated the Higher Education Ministry for taking the initiative to launch the Foodbank programme that was still ongoing but a large part of foodbanks were distributing dry goods.

“Of this Foodbank, the goods, we provided them to cafeteria operators for instance, they can cook it and provide food at low and cheap prices, so that might be a way we can reduce students’ expenditure instead of distributing dry goods.

“Secondly, we will negotiate with the Higher Education Minister (Datuk Seri Dr Noraini Ahmad) and she will review how far and if we can provide incentives to cafeteria operators,” he said.

Two days ago, media outlets reported that rising inflation throughout the country had impacted students as university cafeterias and cooperative shops began raising prices of food and sundries, with some of them selling above market prices.

Source: BERNAMA News Agency