The Neutrino Energy Group Will Liberate Mobile Devices From the Grid

FRANKFURT, Germany, Feb. 12, 2021 /PRNewswire/ — Despite their impressive usefulness and convenience, however, contemporary mobile devices have a fatal flaw. They must periodically be plugged into power outlets to be recharged. By devising mobile devices that recharge themselves, the Neutrino Energy Group will…

FRANKFURT, Germany, Feb. 12, 2021 /PRNewswire/ — Despite their impressive usefulness and convenience, however, contemporary mobile devices have a fatal flaw. They must periodically be plugged into power outlets to be recharged. By devising mobile devices that recharge themselves, the Neutrino Energy Group will liberate our smartphones and tablets from the fossil-fuel energy grid.

Batteries Are Holding Us Back
As time goes by, mobile device batteries become more efficient and capable of holding ever-increasing amounts of electricity. Nonetheless, mobile devices will never be truly decentralized and fully reliable until they can recharge themselves without being plugged in.

In some cases, mobile devices might be recharged using solar, wind, or other types of sustainable energy. The vast majority of the electricity that makes its way into smartphone and tablet batteries is, however, produced by coal-burning electrical plants.

Mobile devices consume much less electricity than larger devices, such as electric cars, but the impact of mobile device recharging on the conventional electrical grid is anything but negligible. If mobile devices recharged themselves, consumers would be able to use their smartphones and tablets anywhere and at any time without worrying about staying near charging ports.

Self-Recharging Batteries Are Coming Soon
Neutrinovoltaic devices capture the kinetic energy of passing neutrinos and convert it into electricity. Electrical energy has been derived from neutrinos in a variety of research facilities around the world, and the Neutrino Energy Group is hard at work devising the first generation of consumer-oriented neutrinovoltaic devices.

Smartphones are an ideal initial target of neutrinovoltaic technology. At first, neutrino energy generators won’t be able to produce the full amount of electricity a smartphone needs to operate. Equipping conventional smartphone batteries with neutrinovoltaic devices, however, will dramatically extend battery life.

In time, neutrino energy technology will be able to supply all the electricity smartphones need during normal operation. Small batteries will be retained to provide additional energy during peak consumption periods.

Eventually, mobile devices will not have batteries at all. They’ll operate perpetually using neutrino energy without ever needing to be recharged.

Neutrino Energy Is Ideal for Mobile Devices
In the event of a global disaster, cellular service around the world could go down. With self-recharging smartphones, however, people would still be able to access locally stored information even if the electrical and cellular grids remained offline for days or weeks.

The Neutrino Energy Group envisions a future in which human beings are no longer chained to an electrical grid of any type. Neutrinovoltaic technology is the world’s first form of truly decentralized, sustainable energy.

By Author Samuel Teshome 

Neutrino Deutschland GmbH
Unterden Linden 21
10117 Berlin
Tel.: +493020924013
Email: office@neutrino-energy.com

Related Images

neutrinovoltaic-technology.jpg
Neutrinovoltaic Technology
Over time, neutrinovoltaic devices will become capable of producing increasing amounts of electricity, and they will become reliable sources of energy.

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SOURCE Neutrino Energy Group

Newborn Acquisition Corp. Urges All Shareholders to Vote in Favor of the Extension Proposals

SAN DIEGO, Feb. 12, 2021 /PRNewswire/ — Newborn Acquisition Corp. («Newborn» or the «Company») (NASDAQ:NBAC), encourages its shareholders to vote in favor of the extension proposals.  The purpose of the Extension Amendment is to allow the Company more time to complete its previously announced business combination with Nuvve Corporation without depositing additional funds into the trust account.  Nuvve Corporation is a San Diego-based green energy technology…

SAN DIEGO, Feb. 12, 2021 /PRNewswire/ — Newborn Acquisition Corp. («Newborn» or the «Company») (NASDAQ:NBAC), encourages its shareholders to vote in favor of the extension proposals.  The purpose of the Extension Amendment is to allow the Company more time to complete its previously announced business combination with Nuvve Corporation without depositing additional funds into the trust account.  Nuvve Corporation is a San Diego-based green energy technology company whose mission is to lower the cost of electric vehicle ownership while supporting the integration of renewable energy sources, including solar and wind.  Shareholders are not being asked to vote on the proposed business combination at this time. A separate vote on the proposed business combination will take place in the coming weeks.

The Extraordinary General Meeting will be held on February 18, 2021 at 8:00 a.m., Hong Kong Time (7:00 p.m. Eastern Time on February 17, 2021) at Room 801, Building C, SOHO Square, No. 88, Zhongshan East 2nd Road, Huangpu District, Shanghai, 200002, China. Due to the coronavirus («COVID-19«) pandemic and the various travel and other restrictions in place, we are strongly encouraging our shareholders to attend the Extraordinary General Meeting virtually by means of a teleconference using the dial in instructions in the proxy statement.

About Nuvve Corporation

Nuvve Corporation is a San Diego-based green energy technology company whose mission is to lower the cost of electric vehicle ownership while supporting the integration of renewable energy sources, including solar and wind. Our proprietary vehicle-to-grid (V2G) technology – Nuvve’s Grid Integrated Vehicle (GIVe™) platform – is refueling the next generation of electric vehicle fleets through cutting-edge, bidirectional charging solutions. Since its founding in 2010, Nuvve has been responsible for successful V2G projects on five continents and is deploying commercial services worldwide. For more information please visit www.nuvve.com.

About Newborn Acquisition Corp.

Newborn Acquisition Corp. is a blank check company, holding approximately $57.5 million in its trust account, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses.

Investor Contact
Lytham Partners
Robert Blum
nuvve@lythampartners.com
+1 602 889 9700

Forward Looking Statements

The information in this press release includes «forward-looking statements» within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this presentation, regarding the proposed Business Combination between Newborn and Nuvve, Newborn and Nuvve’s ability to consummate the transactions, the benefits of the transactions and the combined company’s future financial performance, as well as the combined company’s strategy, future operations, estimated financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this press release, the words «could,» «should,» «will,» «may,» «believe,» «anticipate,» «intend,» «estimate,» «expect,» «project,» the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Newborn and Nuvve disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Newborn and Nuvve caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of either Newborn or Nuvve. In addition, Newborn cautions you that the forward-looking statements contained in this press release are subject to the following factors: (i) the occurrence of any event, change or other circumstances that could delay the Business Combination or give rise to the termination of the agreements related thereto; (ii) the outcome of any legal proceedings that may be instituted against Newborn or Nuvve following announcement of the transactions; (iii) the inability to complete the Business Combination due to the failure to obtain approval of the shareholders of Newborn, or other conditions to closing in the merger agreement; (iv) the risk that the proposed Business Combination disrupts Nuvve’s current plans and operations as a result of the announcement of the transactions; (v) Nuvve’s ability to realize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition and the ability of Nuvve to grow and manage growth profitably following the Business Combination; (vi) costs related to the Business Combination; (vii) risks related to the rollout of Nuvve’s business and the timing of expected business milestones; (viii) Nuvve’s dependence on widespread acceptance and adoption of electric vehicles and increased installation of charging stations; (ix) Nuvve’s ability to maintain effective internal controls over financial reporting, including the remediation of identified material weaknesses in internal control over financial reporting relating to segregation of duties with respect to, and access controls to, its financial record keeping system, and Nuvve’s accounting staffing levels; (x) Nuvve’s current dependence on sales of charging stations for most of its revenues; (xi) overall demand for electric vehicle charging and the potential for reduced demand if governmental rebates, tax credits and other financial incentives are reduced, modified or eliminated or governmental mandates to increase the use of electric vehicles or decrease the use of vehicles powered by fossil fuels, either directly or indirectly through mandated limits on carbon emissions, are reduced, modified or eliminated; (xii) potential adverse effects on Nuvve’s revenue and gross margins if customers increasingly claim clean energy credits and, as a result, they are no longer available to be claimed by Nuvve; (xiii) the effects of competition on Nuvve’s future business; (xiv) risks related to Nuvve’s dependence on its intellectual property and the risk that Nuvve’s technology could have undetected defects or errors; (xv) changes in applicable laws or regulations; (xvi) the COVID-19 pandemic and its effect directly on Nuvve and the economy generally; (xvii) risks related to disruption of management time from ongoing business operations due to the proposed Business Combination; (xvii) risks relating to privacy and data protection laws, privacy or data breaches, or the loss of data; and (xix) the possibility that Nuvve may be adversely affected by other economic, business, and/or competitive factors. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that Newborn has filed and will file from time to time with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2019. Newborn’s SEC filings are available publicly on the SEC’s website at www.sec.gov.

Important Information and Where to Find it

In connection with the Extraordinary General Meeting to be held on February 18, 2021, Newborn Acquisition Corp. has filed a definitive proxy statement with the SEC.

In connection with the proposed Business Combination, NB Merger Corp., as the successor to Newborn, filed a registration statement on Form S-4 (the «Form S-4») with the SEC. The Form S-4 includes a preliminary proxy statement/prospectus of Newborn and NB Merger Corp., which Newborn filed with the SEC as a proxy statement on Schedule 14A, for the solicitation of proxies from Newborn’s shareholders and for the offering of NB Merger Corp.’s securities to the security holders of Newborn and Nuvve in the Business Combination. Additionally, Newborn and NB Merger Corp. will file other relevant materials with the SEC in connection with the Business Combination. Copies may be obtained free of charge at the SEC’s web site at www.sec.gov. The definitive proxy statement/prospectus will be mailed to Newborn shareholders as of a record date to be established for voting on the proposed Business Combination. Investors and security holders of Newborn are urged to read the proxy statement/prospectus and the other relevant materials when they become available before making any voting decision with respect to the proposed Business Combination because they will contain important information about the Business Combination and the parties to the Business Combination. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.

Participants in the Solicitation

Newborn and its directors and officers may be deemed participants in the solicitation of proxies of Newborn’s shareholders in connection with the proposed Business Combination. Nuvve and its officers and directors may also be deemed participants in such solicitation. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Newborn’s executive officers and directors in the solicitation by reading Newborn’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, and the proxy statement/prospectus and other relevant materials filed with the SEC in connection with the Business Combination when they become available. Information concerning the interests of Newborn’s participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, will be set forth in the proxy statement/prospectus relating to the Business Combination when it becomes available.

No Offer or Solicitation

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or constitute a solicitation of any vote or approval.

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SOURCE Nuvve Corporation

Why Consumers Are Buying More Lawn & Garden Equipment amid the COVID-19 Pandemic

CLEVELAND, Feb. 12, 2021 /PRNewswire/ — In 2020, residential sales of lawn and garden equipment spiked as DIY activity surged among consumers, who found themselves spending more time at home than ever before and…

CLEVELAND, Feb. 12, 2021 /PRNewswire/ — In 2020, residential sales of lawn and garden equipment spiked as DIY activity surged among consumers, who found themselves spending more time at home than ever before and relying on DIFM services less, leading them to invest in new equipment:

  • With the shift to remote work and learning, many consumers had more time to perform lawn and garden maintenance themselves.
  • Increased economic insecurity among many households led some homeowners to cancel lawn and landscaping services.
  • Consumer concerns about the perceived safety of inviting maintenance workers to their homes also affected demand for professional services somewhat.

Additionally, many households diverted funds from vacation and travel budgets to fund home projects, like outdoor living area installations and expansions, which provide more room for families cooped up inside as well as a safer place to socialize with family and friends. In addition to landscaping products to construct these spaces, many homeowners purchased new lawn and garden equipment to tend them.

As a result of these trends, sales of residential power lawn and garden equipment, driven by lawn mowers, grew more than 5% in 2020, finds a new Freedonia Group analysis.

Residential Power Lawn & Garden Demand to Grow 3.3% Annually 2024 to $8.7 billion in 2024

While residential demand for power lawn and garden equipment in 2021 is not expected to see as robust growth as between 2019 to 2020, the market is expected to remain strong and post healthy gains through 2024:

  • Sales of power equipment to homeowners, which benefitted from DIY gains in 2020, will slow as people gradually have less time to devote to their yards and as those who purchased new equipment in 2020 will likely not need to replace or upgrade in the near future.
  • As such, further gains will be limited by a moderation in the market as well as a return to greater strength in DIFM (do-it-for-me) landscaping.

Want to Learn More?

Residential Power Lawn & Garden Equipment is now available from the Freedonia Group. This study examines the US residential market for power lawn and garden equipment. The residential market comprises equipment sales to homeowners and other individuals for private use (i.e., not for commercial purposes, including professional lawn and landscaping services for residential properties). Historical data for 2009, 2014, and 2019 and forecasts for 2024 and 2029 for demand are provided in current dollar terms (which are not adjusted for inflation). Products include:

  • lawn mowers (e.g., riding, walk behind)
  • trimmers and edgers
  • garden tractors and rotary tillers
  • snow blowers (e.g., single-stage, multi-stage)
  • chainsaws
  • blowers, vacuums, and sweepers
  • other equipment and parts and attachments (e.g., hedge trimmers, pole saws, multi-tools, utility tractors

About The Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information. Studies can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.

Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com

 

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SOURCE The Freedonia Group

Familia presenta demanda por homicidio culposo contra la policía, la ciudad y el condado de Lancaster después de que la policía disparara a Ricardo Muñoz

CHICAGO, 12 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — En busca de justicia para su hijo y con la esperanza de que los oficiales locales sean responsabilizados para prevenir futuras tragedias, Miguelina Peña entabló una demanda en la corte federal este lunes, nombrando al oficial de policía que le disparó a su hijo, al exjefe de policía, a la ciudad y al condado como acusados.

El hijo de la señora Peña, Ricardo Muñoz, 27, recibió un disparo fatal luego de que su familia contactara a la policía en busca…

CHICAGO, 12 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — En busca de justicia para su hijo y con la esperanza de que los oficiales locales sean responsabilizados para prevenir futuras tragedias, Miguelina Peña entabló una demanda en la corte federal este lunes, nombrando al oficial de policía que le disparó a su hijo, al exjefe de policía, a la ciudad y al condado como acusados.

El hijo de la señora Peña, Ricardo Muñoz, 27, recibió un disparo fatal luego de que su familia contactara a la policía en busca de ayuda durante un episodio de salud mental el año pasado. El señor Muñoz, previamente diagnosticado con esquizofrenia y trastorno bipolar a comienzos de sus 20, era conocido en el departamento de policía local, al que la familia solía acudir por ayuda en situaciones similares.

El 13 de septiembre, la familia del señor Muñoz había llamado nuevamente a la línea directa de intervención de crisis, cuando Ricardo se agitó y comenzó a experimentar un episodio psicótico. Siguiendo las instrucciones del operador de intervención de crisis, la familia llamó a la línea policial local de no-emergencias para pedir ayuda, así como también al 911.

La policía local envió al oficial Karson Arnold a la residencia de la familia Muñoz. A minutos de la llegada del oficial Arnold, Ricardo Muñoz estaba muerto: herido de bala múltiples veces por el oficial en frente de su hogar, ante la vista horrorizada de su madre, la señora Peña.

Los abogados Steven Levin, Daisy Ayllon y Julie Murphy de Levin & Perconti en Chicago están representando a la familia Muñoz, junto con los abogados Michael Perna y Ryan Borchik de Perna & Abracht en el condado de Chester, Pensilvania.

La demanda, que surge a raíz de la decisión de los oficiales locales de no presentar cargos en contra del oficial Arnold en este respecto, señala que la ciudad y el condado no cuentan con procedimientos adecuados para atender personas que enfrentan crisis mentales y que el oficial no hizo ningún intento de contener la situación o de utilizar medios menos letales para brindarle seguridad al señor Muñoz.

«La muerte de Ricardo fue, en el mejor de los casos, el resultado predecible de un trabajo policial insensato y torpe, y devastadoramente evitable.  En el peor de los casos, fue el resultado directo del cínico e insensible desprecio por el bienestar de uno de los hijos menos afortunados de la sociedad», afirmó el abogado Michael Perna.

Citando las deficientes políticas de la ciudad en materia de supervisión y entrenamiento policial, la abogada Daisy Ayllon  añadió: «Finalmente, la demanda por la causa de Ricardo es acerca de una reforma a la salud mental, de la responsabilidad policial al atender personas que tienen desórdenes mentales que no han cometido crimen alguno y de la prevención de tragedias similares como resultado directo de una intervención policial dura y sin entrenamiento para ello».

«Hay ocasiones en que una comunidad debe ver más allá de sí misma para obtener justicia, y para eso es que existen las cortes federales. Pretendemos mostrar las deficiencias del sistema a la hora de responder a estas llamadas de ayuda», señaló la abogada Julie Murphy

En diciembre, el senador estadounidense Bob Casey (D-PA) introdujo dos proyectos que buscan reformar la manera en que la policía responde a nivel nacional a las personas con problemas de salud mental y otras discapacidades. Al mencionar la iniciativa legislativa, Casey se refirió al caso de Muñoz y a otros dos tiroteos policiales a hombres con desórdenes mentales en Pensilvania. En Filadelfia, tras el tiroteo policial de octubre a Walter Wallace, quien sufría de problemas mentales igual que Muñoz, hubo días de manifestaciones que incluyeron algunas protestas con episodios de violencia.

«Para su asombroso crédito, en vez de desahogar su rabia en los momentos de angustia, la familia de Ricardo evitó activamente la violencia tras su muerte, lo que le evitó a la ciudad de Lancaster una mayor tragedia», comentó el abogado Ryan Borchik.

La demanda de la familia Muñoz busca indemnización por daños y perjuicios a causa del dolor y sufrimiento de Ricardo, incluida la privación de atención médica tras el disparo, además de su injusta muerte y el daño emocional provocado a su madre al presenciar su asesinato y las lesiones físicas que sufrió al ser forzada contra el vehículo policial tras el tiro fatal a su hijo.

«La familia de Ricardo primero acudió a un centro local de apoyo a las crisis en busca de ayuda para su bien documentada condición mental, pero en vez de que llegara esa ayuda, llegó la policía y en cuestión de minutos habían dado muerte a su hijo y hermano. Luego, la familia acudió a la fuerza de orden local en busca de transparencia y responsabilidad, pero en vez de eso encontró una respuesta condescendiente de parte del fiscal del distrito y nada de transparencia. Ahora buscan justicia en la corte federal», dijo Steven Levin.

Levin & Perconti es una firma de abogados reconocida a nivel nacional que se enfoca en todo tipo de daños personales, malas prácticas médicas y litigios de homicidio culposo. Los abogados de Levin & Perconti están comprometidos con la protección y vindicación de los derechos de las personas que han sido lastimadas por negligencia de otras. Por favor, comuníquese con la firma llamando al (312) 332-2872 o visite el sitio www.levinperconti.com para obtener más información.

Contacto:
Debra Pickett
Page 2 Communications
deb@page2comm.com
773.368.7064

 

FUENTE Levin & Perconti

Windcom signs record deal with leading industry player for 2021 maintenance season

HOUSTON, Feb. 12, 2021 /PRNewswire/ — WindCom (Wind Composites Service Company, LLC), the leading US provider of Wind Blade Services, signs record deal with leading industry player for the 2021 maintenance season as blade O&M market demand is on track to outpace service provider availability for the coming season.

<a…

HOUSTON, Feb. 12, 2021 /PRNewswire/ — WindCom (Wind Composites Service Company, LLC), the leading US provider of Wind Blade Services, signs record deal with leading industry player for the 2021 maintenance season as blade O&M market demand is on track to outpace service provider availability for the coming season.

Building on years of industry experience, WindCom makes a step change in blade O&M contract commitment with the first signing of the innovative new TechLock structure. «We believe TechLock aligns the interests of our customers and WindCom to a higher degree than single-transaction deals by providing guaranteed availability and much higher budgetary certainty,» said Tim Hertel, CEO of WindCom. «If the trend we’re seeing continues, WindCom is on pace to be fully committed by the end of March 2021.» WindCom’s TechLock program enables customers to lock in blade repair resources throughout the year at fixed rates, staffed at their discretion and supported by WindCom’s strong engineering and operational team. Contact us today to find out how TechLock can work for you.

About Wind Composites Services Company
Wind Composites Services Company (WindCom) provides full-service wind blade maintenance including fast response, on-site FRP composite repairs and maintenance – including new sites, retrofits and inspections.

WindCom employs 100+ certified composite wind repair technicians.  The company is based in Houston, TX.  More information is available at www.windcomservices.com

Media Contact:
Josh Crayton
josh.crayton@windcomservices.com 

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SOURCE WindCom

Spanish Broadcasting System, Inc. anuncia la cotización de títulos sénior asegurados por $310 millones

MIAMI, 12 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Spanish Broadcasting System, Inc. (la «Compañía», «nosotros» o «SBS») anunció hoy la cotización de una oferta de títulos sénior asegurados con vencimiento a 2026 (los «Títulos») por un monto total de capital de $310 millones. Los Títulos devengarán intereses dos veces al año, a una tasa de 9.75 % por año y fueron ofrecidos a valor nominal.

Los Títulos estarán completa e incondicionalmente garantizados sobre una base sénior asegurada por algunas de…

MIAMI, 12 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Spanish Broadcasting System, Inc. (la «Compañía», «nosotros» o «SBS») anunció hoy la cotización de una oferta de títulos sénior asegurados con vencimiento a 2026 (los «Títulos») por un monto total de capital de $310 millones. Los Títulos devengarán intereses dos veces al año, a una tasa de 9.75 % por año y fueron ofrecidos a valor nominal.

Los Títulos estarán completa e incondicionalmente garantizados sobre una base sénior asegurada por algunas de las subsidiarias de la Compañía, y con rendimiento asegurado, salvo ciertas excepciones y gravámenes permitidos, sobre la base de garantía preferente a través del colateral de los Títulos. Se anticipa que el cierre de la oferta tendrá lugar el 17 de febrero de 2021, sujeto al cumplimiento de las condiciones habituales de cierre.

La Compañía pretende utilizar los ingresos netos de esta oferta, y el efectivo disponible, para (i) pagar sus títulos sénior asegurados de 12.5 % y con vencimiento en 2017; (ii) junto con otras consideraciones, para comprar y/o canjear todas las acciones preferentes canjeables Serie B 10 3/4 % acumuladas con valor nominal de $0.01 (las «Acciones preferentes Serie B»); y (iii) para pagar cargos y gastos asociados.

Los Títulos y las garantías conexas se ofrecen en los Estados Unidos para personas razonablemente consideradas como «compradores institucionales calificados» según la Regla 144A de la Ley de Valores de 1933 y sus enmiendas (la «Ley de Valores»), y para personas fuera de los Estados Unidos que cumplan con la Regulación S de la Ley de Valores. Los Títulos y las garantías conexas no han sido registrados bajo la Ley de Valores ni bajo alguna ley estatal de valores y, salvo que se registren, no podrán ofrecerse ni venderse en los Estados Unidos a menos que cumplan con una excepción de, o sean parte de una transacción que no esté sujeta a, los requerimientos de registro de la Ley de Valores u otras leyes estatales de valores aplicables.

Este comunicado de prensa tiene fines informativos exclusivamente, y no es una oferta de venta ni una solicitud de oferta de compra de algún título valor, y no constituirá una oferta, solicitud o venta en ninguna jurisdicción en la que dicha oferta, solicitud o venta sea ilegal. Este comunicado de prensa no constituye una notificación de canje para las acciones preferentes Serie B, y no es una oferta de compra o solicitud de venta de las acciones preferentes Serie B.

Acerca de Spanish Broadcasting System, Inc.

Spanish Broadcasting System, Inc. (SBS) es propietaria y operadora de estaciones de radio situadas en los principales mercados hispanos estadounidenses de Nueva York, Los Ángeles, Miami, Chicago, San Francisco y Puerto Rico, y transmite los géneros tropical, mexicano regional, adulto contemporáneo en español, Top 40 y urbano. SBS opera también AIRE Radio Networks, una plataforma de radio nacional de más de 290 estaciones afiliadas que llegan al 95 % de la audiencia hispana de los Estados Unidos. SBS también es propietaria de MegaTV, una operación de red de televisión con distribución en señal abierta, cable y satélite, y varias afiliadas en los Estados Unidos y Puerto Rico. SBS produce además eventos y conciertos en vivo en todo el país, y posee múltiples propiedades digitales incluyendo LaMusica, una aplicación móvil que ofrece contenidos de audio y video de enfoque latino, y HitzMaker, un espacio de nuevos talentos para aspirantes a artistas. Para obtener más información, visítenos en línea en www.spanishbroadcasting.com.

Declaraciones prospectivas

Este comunicado de prensa contiene declaraciones prospectivas que implican riesgos e incertidumbres. En algunos casos, puede identificar las declaraciones prospectivas por las palabras «anticipar», «creer», «continuar», «podría», «estimar», «esperar», «pretender», «puede», «podría», «objetivo», «continuo», «planificar», «predecir», «proyectar», «potencial», «debería», «será» o «sería» y/o los negativos de estos términos, u otra terminología comparable destinada a identificar declaraciones sobre el futuro. Estos aparecen en este comunicado de prensa e incluyen declaraciones sobre nuestras intenciones, creencias o expectativas actuales. Estas declaraciones, por su naturaleza, implican riesgos e incertidumbres sustanciales, algunos de los cuales están fuera de nuestro control, y los resultados reales pueden diferir significativamente dependiendo de una variedad de factores importantes, incluidos, entre otros, nuestro endeudamiento sustancial y alto apalancamiento, nuestra industria altamente competitiva, nuestra respuesta continua a la pandemia de COVID-19, nuestra dependencia de los ingresos y los ingresos operativos de un número limitado de mercados, la imprevisibilidad de las ventas en la industria de la publicidad, nuestra capacidad para atraer oyentes, espectadores y anunciantes a nuestras operaciones de radio y televisión, la popularidad y atractivo de nuestro contenido, nuestra capacidad para mantener y renovar acuerdos de distribución, el impacto de reformas fiscales y cualquier nueva legislación fiscal, nuestra capacidad para responder a los rápidos cambios en la tecnología, la creación de contenido, los servicios y los estándares, nuestra capacidad para proteger nuestro negocio de los riesgos de ciberseguridad, el desempeño de los empleados clave, el talento al aire y los anfitriones de programas, el daño a la reputación de nuestras marcas y procedimientos legales o gubernamentales, y el cumplimiento normativo y legislativo, incluido el cumplimiento con la Comisión Federal de Comunicaciones. Todas las declaraciones prospectivas hechas en este documento están sujetas a estas declaraciones precautorias y factores de riesgo, y no puede haber garantía de que los resultados, eventos o desarrollos reales a los que se hace referencia aquí ocurran o se concreten. No tenemos obligación alguna de actualizar públicamente cualquier declaración prospectiva para reflejar eventos o circunstancias posteriores.

Contacto:
Analistas e Inversionistas
José I. Molina
director de Finanzas
(305) 441-6901

 

FUENTE Spanish Broadcasting System, Inc.

Boralex: Dividend Declaration

MONTRÉAL, Feb. 12, 2021 /PRNewswire/ – The Board of Directors of Boralex Inc. (TSX: BLX) («Boralex» or the «Corporation») has declared a quarterly dividend of $0.165 per common share. This dividend will be paid on March 15, 2021 to shareholders of record at the close of business on February 26, 2021. Boralex has designated this dividend as an eligible dividend within the meaning of Section 89(14) of the Income Tax Act (<span…

MONTRÉAL, Feb. 12, 2021 /PRNewswire/ – The Board of Directors of Boralex Inc. (TSX: BLX) («Boralex» or the «Corporation») has declared a quarterly dividend of $0.165 per common share. This dividend will be paid on March 15, 2021 to shareholders of record at the close of business on February 26, 2021. Boralex has designated this dividend as an eligible dividend within the meaning of Section 89(14) of the Income Tax Act (Canada) and all provisions of provincial laws applicable to eligible dividends.

About Boralex

Boralex develops, builds and operates renewable energy power facilities in Canada, France, the United Kingdom and the United States. A leader in the Canadian market and France’s first independent onshore wind power producer, the Corporation is recognized for its solid experience in optimizing its asset base in four power generation types – wind, hydroelectric, thermal and solar. Boralex ensures sustainable growth by leveraging the expertise and diversification developed for 30 years. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.

More information is available at www.boralex.com or www.sedar.com. Follow us on Facebook, LinkedIn and Twitter.

SOURCE Boralex Inc.

Survey: Corporate PACs Took Unprecedented Action by Broadly Suspending Political Contributions Following Capitol Riot

NEW YORK, Feb. 12, 2021 /PRNewswire/ — Following the Capitol riot in early January, some corporations swiftly announced that their political action committees (PACs) ceased donating to federal lawmakers who objected to certification of the presidential election. But the results of a new survey reveal that those announcements represent just part of the story. 

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NEW YORK, Feb. 12, 2021 /PRNewswire/ — Following the Capitol riot in early January, some corporations swiftly announced that their political action committees (PACs) ceased donating to federal lawmakers who objected to certification of the presidential election. But the results of a new survey reveal that those announcements represent just part of the story. 

The Conference Board poll found that only about a quarter of surveyed companies have publicly announced the response of their PACs, and that the number of corporate PACs that ceased contributions to all federal lawmakers was equal to those that stopped them to just the objectors. The results also show the unprecedented nature of the response: Nearly 90% of the survey respondents said that, in the past five years, their PACs had never taken similar action in broadly suspending or cancelling contributions.

The findings also reveal that the companies whose PACs took action cited senior management’s (not just the CEO’s) views, a belief in the importance of democracy, and concern about corporate reputation as drivers of their decision. Just 3% of the corporate PACs decided to permanently stop contributing to the objectors, and for the vast majority of companies planning to resume PAC contributions, the path forward is uncertain: about a third noted that they plan to collect more information on potential recipients before resuming their PAC giving.  

The Conference Board survey represented the responses of a cross-section of 84 large firms, including public, private, and nonprofit corporations. Respondents were primarily Chief Legal Officers, Chief Government Relations Officers, Chief Communications Officers, and other senior members of management. The survey was conducted between January 25th to February 2nd. Additional insights include the following:

Only 28% of companies have publicly announced the steps their PAC has taken.

  • About 28% of companies have announced their PAC’s actions both internally and externally, while another 25% have announced their PAC’s decision but only internally.

A majority of respondents stopped PAC contributions, divided evenly between those who have suspended all PAC contributions to those in Congress and those who have targeted their actions against those who voted against certification.

  • 55% have stopped PAC contributions. 
  • 27% stopped contributions to those who voted against certification, either temporarily (13%), permanently (4%), or for an as-yet-undetermined period (11%).
  • 28% suspended PAC contributions to all those in Congress.
  • The remaining 47% did not take action via PACs for a variety of reasons, including that they do not have a PAC, they are still considering what to do, or they have affirmatively decided not to take a specific response (18%).

Corporate responses to January 6th focused on restricting political contributions and condemning violence; relatively few have commented directly on efforts to block certification of the Presidential election.

  • About 46% of companies indicated that they have not taken steps beyond restricting PAC contributions, in response to the events of January 6th
  • While about 32% indicated they made a public statement condemning the violence at the Capitol, only about 9% said they made a public statement against the effort to block certification.
  • Interestingly, of the companies whose PACs suspended or cancelled contributions specifically to members of Congress who voted against certification, only 17% of them made a public comment condemning the effort to block certification. This suggests that, when it comes to addressing the objectors, companies let contributions speak louder than words. 

Underscoring the unprecedented nature of the Capitol riot – and the corporate response – nearly 90% of companies had not taken similar action in recent years. 

  • 87% stated they had not taken similar action in broadly suspending or canceling PAC contributions in the past five years.

Multiple factors drove the decisions by PACs, with senior management’s views, a belief in the importance of democracy, and concern about corporate reputation being key reasons.  

  • About 52% cited the views of senior management as a key driver, with somewhat fewer (44%) saying the views of the CEO played a critical role.
  • 46% cited the belief that a stable democracy is necessary for a stable business environment, with 25% citing concerns about democracy apart from business considerations.
  • While concerns about company reputation was a key factor (nearly 45%) in driving the organization’s response, concerns about the views of specific constituencies were lower. Employees ranked first (34%), followed by customers (21%) and investors (17%).

The chief government relations officer – even more than the CEO – was the most commonly involved member of senior management involved in the decision.

  • These responses were largely internal group decisions: The Chief Government Relations Officer was involved 76% of the time, followed by the General Counsel (64%), the CEO (61%), and Chief Communications Officer (50%).
  • Notably absent were external consultants, ranking last at about 6%.

Corporate boards played a limited role in recent PAC decisions.

  • Under Federal Law, corporations have the power not only to sponsor political action committees, but to exercise control over their PACs, but it is very common for corporate-sponsored PACs, which are funded by employee contributions, to have a separate governing entity that makes decisions about which candidates to support. 
  • Not surprisingly, while about 27% of firms informed their corporate board of directors at the time of the decision, just 11% consulted with their board and nearly 7% informed the board beforehand. In only 4% of the cases did the corporation’s board of directors make the decision. 
  • Many respondents who cited «Other» (30%) noted that their corporate board of directors was not involved or that its involvement was not applicable.

«Boards often play a general oversight role with respect to company-sponsored PACs: ensuring that the PACs have appropriate controls in place to ensure legal compliance, to align with the company’s interests, and to protect the company’s reputation. But high-profile situations that have a major impact on a company’s reputation can nonetheless put the board in the hot seat,» said Paul Washington, Executive Director of the ESG Center at The Conference Board. «Boards should review their companies’ range of political activities, including their own role, as companies prepare for discussions with investors during this upcoming proxy season.»

For those companies planning to resume PAC contributions, the path forward is unclear.

  • More than a third of companies (37%) plan to collect more information on potential recipients before resuming PAC contributions. About 21% plan to revise the criteria for contributions to address supporting democratic processes, and another 17% plan to adjust the process for approving contributions.
  • But 51% of companies selected «Other» when asked the steps they are planning to take before their PACs resume contributions. Many said they were unsure of the plan going forward, while others said they would revise their giving criteria to be more aligned with their company’s values.

A note about the sample:
Nearly all (95%) of the 84 firms responding to the survey had annual revenues over $1 billion: 45% have revenues $25 billion+; 22% have revenues between $11-24 billion, and 29% have revenues between $1-10 billion. Of the respondents, 69% were public companies, 24% were private for-profit firms, and 7% were non-profit organizations. 

For interviews and/or questions about this survey, media can contact The Conference Board.

About The Conference Board
The Conference Board is the member-driven think tank that delivers trusted insights for what’s ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/survey-corporate-pacs-took-unprecedented-action-by-broadly-suspending-political-contributions-following-capitol-riot-301227621.html

SOURCE The Conference Board

Boralex: Dividend Declaration

MONTRÉAL, Feb. 12, 2021 /PRNewswire/ – The Board of Directors of Boralex Inc. (TSX: BLX) («Boralex» or the «Corporation») has declared a quarterly dividend of $0.165 per common share. This dividend will be paid on March 15, 2021 to shareholders of record at the close of business on February 26, 2021. Boralex has designated this dividend as an eligible dividend within the meaning of Section 89(14) of the Income…

MONTRÉAL, Feb. 12, 2021 /PRNewswire/ – The Board of Directors of Boralex Inc. (TSX: BLX) («Boralex» or the «Corporation») has declared a quarterly dividend of $0.165 per common share. This dividend will be paid on March 15, 2021 to shareholders of record at the close of business on February 26, 2021. Boralex has designated this dividend as an eligible dividend within the meaning of Section 89(14) of the Income Tax Act (Canada) and all provisions of provincial laws applicable to eligible dividends.

About Boralex

Boralex develops, builds and operates renewable energy power facilities in Canada, France, the United Kingdom and the United States. A leader in the Canadian market and France’s first independent onshore wind power producer, the Corporation is recognized for its solid experience in optimizing its asset base in four power generation types – wind, hydroelectric, thermal and solar. Boralex ensures sustainable growth by leveraging the expertise and diversification developed for 30 years. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.

More information is available at www.boralex.com or www.sedar.com. Follow us on Facebook, LinkedIn and Twitter.

Cision View original content:http://www.prnewswire.com/news-releases/boralex-dividend-declaration-301227625.html

SOURCE Boralex Inc.

Blue Cross Blue Shield de Massachusetts y los Centros de Salud Comunitarios se unen para abordar barreras de acceso a la vacuna contra la COVID

Blue Cross aporta $1 millón para facilitar el transporte desde y hasta los centros de vacunación para las comunidades menos favorecidas

BOSTON, 11 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — <a target="_blank"…

Blue Cross aporta $1 millón para facilitar el transporte desde y hasta los centros de vacunación para las comunidades menos favorecidas

BOSTON, 11 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Blue Cross Blue Shield de Massachusetts («Blue Cross») anunció hoy una nueva iniciativa conjunta con la Liga de los Centros de Salud Comunitarios de Massachusetts («la Liga») para ayudar a ofrecer acceso equitativo a las vacunas contra la COVID-19.

Blue Cross Blue Shield of Massachusetts

Blue Cross aportará $1 millón para financiar el transporte gratuito desde y hasta los centros de vacunación contra la COVID-19 en el estado, en apoyo a los centros de salud comunitarios, las comunidades menos favorecidas y las poblaciones vulnerables. Esta nueva iniciativa fue anunciada en una conferencia de prensa con el gobernador Charlie Baker en el Centro de Salud Comunitario de East Boston el día de hoy.

«El objetivo ahora es vacunar a las personas, y poder acceder a las citas es fundamental», señaló Andrew Dreyfus, presidente y director ejecutivo de Blue Cross. «Sabemos que la falta de acceso al transporte es una barrera importante en comunidades que han sido fuertemente impactadas por la COVID-19. La amplia experiencia de los Centros de Salud Comunitarios servirá para conectar a más vecinos nuestros con las vacunas que salvarán vidas y ayudarán a acabar con la pandemia».

El aporte de Blue Cross patrocinará decenas de miles de viajes gratuitos desde y hasta los centros de vacunación contra la COVID-19. El objetivo es lanzar el programa durante las próximas semanas en coordinación con la Liga, que estará asistiendo las labores de identificación de los centros de salud comunitarios participantes.

«Siempre he dicho que quienes están más cerca de la enfermedad tienen que estar más cerca de la vacuna. Los miembros de las comunidades a las que prestamos nuestros servicios han contraído, sufrido y fallecido de forma desproporcionada por este terrible virus», señaló Michael Curry, presidente y director ejecutivo de la Liga de los Centros de Salud Comunitarios de Massachusetts y miembro del Grupo Asesor de Vacunas contra la COVID-19 del estado. «Estamos orgullosos de asociarnos con Blue Cross para ayudar a ofrecerles mejor acceso a nuestros pacientes a estas vacunas que salvan vidas».

«Desde que empezó la pandemia hemos estado en la primera línea, ofreciendo pruebas y tratamientos para la COVID-19 entre la comunidad local», comentó Manny Lopes, presidente y director ejecutivo del Centro de Salud Comunitario de East Boston. «Ahora también estamos en la primera línea en la labor de vacunación. Recibimos con gusto esta nueva iniciativa, la cual le facilitará a nuestros pacientes más vulnerables acceder a la vacuna que requieren desesperadamente».

Blue Cross y la Liga trabajarán juntos hacia su objetivo común de atender las desigualdades en el acceso a la vacunación contra la COVID-19 para las comunidades menos favorecidas de Massachusetts. Las organizaciones están explorando diferentes alternativas entre las que se encuentran subvenciones para centros de salud comunitarios, alianzas con programas de transporte compartido y otras soluciones de movilidad.

La contribución de hoy está antecedida por los $11 millones que Blue Cross y su Fundación ya han invertido en la comunidad durante la crisis de la COVID-19.

Para obtener más información sobre el apoyo de Blue Cross a sus miembros durante la emergencia de salud pública por la COVID-19, visite el Coronavirus Resource Center de la compañía.

Acerca de Blue Cross Blue Shield de Massachusetts
Blue Cross Blue Shield de Massachusetts (www.bluecrossma.org) es un plan de salud sin fines de lucro, sujeto al pago de impuestos y enfocado en la comunidad, con sede en Boston. Estamos comprometidos con la incesante búsqueda de un servicio de salud de calidad y asequible, con una experiencia de atención al cliente incomparable. Consecuente con nuestra promesa de poner siempre a nuestros miembros al frente, estamos calificados entre los mejores planes de salud del país en satisfacción del cliente y en calidad. Conéctese con nosotros vía Facebook, Twitter, YouTube, y LinkedIn. BlueLinks para empleadores

Acerca de la Liga de los Centros de Salud Comunitarios de Massachusetts
La Liga de los Centros de Salud Comunitarios de Massachusetts (la Liga) es una organización 501 (c)(3) por membresía que apoya y representa a los 52 centros de salud comunitarios de la Mancomunidad, que ofrecen atención primaria y preventiva para más de un millón de residentes. La Liga hace las veces de recurso de información en atención primaria comunitaria para legisladores, líderes de opinión y medios. Esta provee amplia asistencia técnica a sus centros de salud miembros, incluyendo asesoría en asuntos de políticas de salud, apoyo en desarrollo de la fuerza laboral, iniciativas en atención clínica y tecnología, y orientación a líderes estatales y organizaciones de base comunitaria que buscan abrir centros de salud.   

Acerca del Centro de Salud Comunitario de East Boston
El Centro de Salud Comunitario de East Boston (EBNHC) ha sido una parte vital de la comunidad durante 50 años, ofreciendo atención en salud de fácil acceso y de alta calidad a todos los que habitan y trabajan en East Boston y las comunidades cercanas de Chelsea, Revere, Everett, Winthrop y, recientemente, South End. EBNHC es el centro de salud comunitario más grande de Massachusetts y uno de los más grandes del país. En la actualidad atiende a cerca de 120,000 pacientes y emplea a más de 1,300 personas. Estamos orgullosos de ser un empleador Best-in-State de Forbes para 2020, y seis veces ganadores de los Mejores Lugares para Trabajar de Boston Globe.

Logotipo: https://mma.prnewswire.com/media/177637/blue_cross_blue_shield_of_massachusetts_logo.jpg  

 

FUENTE Blue Cross Blue Shield of Massachusetts