Categoría: Geovanny Vicente

TORONTO, March 4, 2021 /PRNewswire/ — Worksport Ltd (OTC: WKSP) (or the «Company») is announcing that following the success of their previously oversubscribed Regulation-A public offering, the Company has received over US$2,300,000 from investors who have exercised their warrants. Having close to 20% of outstanding warrants exercised in such short order following the closeout of the offering again signals the strong interest and support from Worksport’s dedicated investors and shareholders alike.

This additional influx of capital will go to work towards its strategic North American and Chinese manufacturing investments as well as in the development of its TerraVis™ solar tonneau cover system and TerraVis COR™ mobile energy storage system (ESS). 

«We would like to take this second opportunity to again express our sincere gratitude by thanking those who invested, continue to share our vision of a bright future, and managed to exercise their warrants in a quick turnaround,» said Worksport CEO Steven Rossi.  «We are in the midst of a major growth period for the Company as we continue to receive this additional working capital that will all but ensure the realization of both the TerraVis™ tonneau cover system and its allied TerraVis COR™ mobile energy storage system to market.  As was stated earlier this week, the Company is deep in discussions with high profile market players as strategic means for rapid & sustainable growth.  Worksport has a myriad of amazing developments in the works and will be updating shareholders on several projects as they become material.» 

Investors are reminded that they may redeem their warrants anytime within a period of 12 months from the time of their investment at a price of 20 cents ($0.20) per share.  Worksport strongly encourages investors to exercise their warrants before they expire, especially as they are currently in the money as of the time of this writing.  Warrant redemption can be executed directly with Worksport by emailing the completed warrant redemption form (previously emailed to them) to Faran Ali at fali@worksport.com. They may also call 1 (888) 506-2013 or (917) 793-1634 for assistance through the process.

To stay up-to-date on all the latest Worksport news… investors, shareholders, and supporters are encouraged to follow the company’s social media accounts on Twitter, Facebook, LinkedIn, and Instagram, as well as sign up for the company’s newsletters at www.worksport.com and www.goterravis.com. Worksport will continue to update investors, shareholders, and supporters to maintain the highest level of disclosure and information dissemination as Worksport continues to grow and develop at a very rapid pace.

About Worksport Ltd.

Worksport Ltd. (currently OTCQB: WKSP) develops and manufactures high quality, modular, attractively priced tonneau covers and solar-powered systems for light-duty trucks such as the Sierra, Silverado, Canyon, RAM, Ford F-Series, et al. and consumer adventures & emergency/ disaster-recovery purposes, where portable energy is a necessity. The modular, redefining Worksport TerraVis™ tonneau cover system is being mindfully designed for the jobsite contractor and off-road, light-duty trucker – for work and play – to sustainably supply extra energy for those additional miles.  Its allied TerraVis COR™ mobile energy storage system (ESS), expected to launch by end of 2021, will be another redefining product targeted for vacationers, second-home owners, and campers.  Plans are also being constructed to address the dire adoption & scaling needs of the EV markets with grid micro-charging stations to provide convenience and efficiency in recharging to smaller form-factor EVs.  For more information, please visit www.worksport.com and www.goterravis.com.

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Forward-Looking Statements
This document may contain forward-looking statements, relating to Worksport, Ltd. operations or to the environment in which it operates, which are based on Company estimates, forecasts, and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond Worksport, Ltd.’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. Worksport, Ltd. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. No Stock Exchange or Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. 

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SOURCE Worksport

SEATTLE, March 4, 2021 /PRNewswire/ — (NASDAQ: RDFN) — The median home-sale price in urban areas nationwide rose 15.9% year over year to $292,263 in the four weeks ending February 21, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. This compared with a 15.5% increase to $332,291 for homes in suburban neighborhoods and a 14.3% increase to $284,593 for those in rural neighborhoods.

Although price growth is just slightly higher for homes in urban areas than the two other neighborhood types, it marks the first time since March 2020 that home-price growth in urban areas has surpassed that of suburban and rural places.

While suburban and rural homes are still hot, housing market data is illustrating renewed homebuyer interest in urban areas as coronavirus vaccines deliver hope for a return to an urban lifestyle. Price growth in urban areas is near a record high, while rural price growth reached a peak of 17.9% in October and has declined since then.

Homebuyer interest in rural areas spiked at the beginning of the pandemic in April when city life ground to an abrupt halt and remote work and homeschooling became commonplace, and the rural housing market remained hot through the summer and fall.

«For all the talk of an urban exodus, the housing market in cities is as hot as we’ve ever seen it, especially for single-family homes,» said Redfin Chief Economist Daryl Fairweather. «There are plenty of buyers out there with deep pockets who are coming out ahead financially during the pandemic. They want a house with lots of space while they are still working from home, but they also want to live in a walkable area near urban amenities as shops and restaurants reopen. Those wealthy buyers are willing to pay high prices to have it all.»

Baltimore, Detroit and Cleveland, all relatively affordable metro areas, are helping drive national urban price growth. Home prices in urban parts of Baltimore were up 37.8% to $180,938 in the four weeks ending February 21, the highest growth of the 50 largest U.S. metros. Prices in urban Detroit were up 37.7% to $78,990, and they were up 33.4% to $103,875 in Cleveland. 

On the other end of the spectrum, urban price growth is slowest in expensive metros. Home prices in urban parts of San Francisco, the only place where urban prices dropped in the four weeks ending February 21, declined 1.4% to roughly $1.3 million. Prices in urban parts of New York rose just 2.2% to $664,350, the smallest growth of any metro, followed by a 5.5% increase to $475,321 in Washington, D.C.’s urban areas. The suburban neighborhoods in all three of those metros are experiencing bigger price growth: 7.1% in San Francisco, 13.5% in New York and 8.3% in Washington, D.C.

Nationwide, price per square foot has been growing fastest in urban areas since the beginning of February. Like overall price growth, it’s the first time that has happened since before the pandemic. The median price per square foot of homes in urban areas rose 17.9% in the four weeks ending February 21, compared with 15.9% for suburban neighborhoods and 15.5% for rural neighborhoods. The fact that price per square foot is growing fastest in urban areas is an indication that homebuyers are placing a premium on space inside cities.

Prices are rising faster for single-family homes in urban areas than single-family homes overall. Price per square foot for single-family homes inside cities nationwide rose 16% year over year in January, compared with a 14% increase for single-family homes in metro areas, which include suburbs, rural areas and cities. Condos in metro areas saw price per square foot rise 6% year over year, and condos in cities experienced 4% growth.

«During the summer and fall, buyers were searching for more indoor and outdoor space, even if it meant moving out past the suburbs. But I think we’ve passed the peak of that trend and people are starting to come back to the city,» said Seattle Redfin agent Bliss Ong. «The hottest areas are residential neighborhoods inside city limits. Buyers aren’t necessarily looking for condos downtown, but some of them are placing a premium on walkability and proximity to shops and restaurants again.»

Growth in pending sales in urban areas surpasses suburbs

Pending home sales were up 25% year over year in urban areas in the four weeks ending February 21, compared with 20.8% in suburban areas and 32.1% in rural areas. Growth in pending sales—an indicator of current homebuyer interest—in urban areas started to outpace that of suburban areas since the beginning of February, a reversal from the trend since at least the beginning of the pandemic.

Closed home sales were up slightly in all three neighborhood types in the four weeks ending February 21: 4.7% in urban areas, and 3.6% each in suburban and rural neighborhoods.

Home supply dropped by double digits in urban, suburban and rural neighborhoods

The total number of homes for sale in urban areas fell 21% in the four weeks ending February 21, compared with a 42.9% in suburban neighborhoods and a 46.6% drop in rural areas. There’s a severe shortage of homes for sale throughout the country, regardless of neighborhood type.

New listings of homes for sale were down 5.2% in urban areas over the same time period, the biggest drop since June. Meanwhile, new listings declined 13.7% in both suburban and rural neighborhoods.

Homes in suburban areas are selling fastest, and median days on market have fallen by double digits in all three neighborhood types

The typical home in an urban area spent 38 days on the market before going under contract in the four weeks ending February 21, versus 31 days in suburban areas and 42 days in rural areas.

Homes in urban areas are selling 16 days faster than a year ago. Homes in suburban neighborhoods are selling 24 days faster than last year, and in rural areas they’re selling 35 days faster.

Homes in all three neighborhood types hit record lows in terms of days on market in the fall before swinging slightly upward over the last three months.

Metro areas with highest and lowest price growth for urban areas

To read the full report, including charts and methodology, please visit: https://www.redfin.com/news/urban-price-growth-surpasses-suburban-rural

About Redfin
Redfin (www.redfin.com) is a technology-powered residential real estate company, redefining real estate in the consumer’s favor in a commission-driven industry. We do this by integrating every step of the home buying and selling process and pairing our own agents with our own technology, creating a service that is faster, better and costs less. We offer brokerage, iBuying, mortgage, and title services, and we also run the country’s #1 nationwide brokerage website, offering a host of online tools to consumers, including the Redfin Estimate. We represent people buying and selling homes in over 95 markets in the United States and Canada. Since our launch in 2006, we have saved our customers nearly $1 billion and we’ve helped them buy or sell more than 310,000 homes worth more than $152 billion.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email press@redfin.com. To view Redfin’s press center, click here.

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SOURCE Redfin

ST. LOUIS, March 4, 2021 /PRNewswire/ — Benson Hill, a food tech company unlocking the natural genetic diversity of plants with its cutting-edge food innovation engine to create healthier, great-tasting and sustainable food and ingredient options, has been chosen as the first investment of a three-year, $125 million co-investment partnership to advance climate solutions, formed by Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures (S2G).

Through the co-investment partnership, CDPQ, a global investment group, and S2G, a leading multi-stage investment firm, are investing behind innovative companies developing concrete sustainability and climate-friendly solutions in the food and agriculture sector. CDPQ and S2G participated in Benson Hill’s recently announced $150 million Series D funding round, which also included other strategic and environmental, social and governance (ESG) focused investors.

«Benson Hill’s mission, focused on improving the sustainability and efficiency of the global agriculture and food supply chain, is aligned with CDPQ’s conviction that performance and progress go hand in hand,» said Mario Therrien, Head of Investment Funds and External Management at CDPQ. «As a company with deep technology expertise across the food and agriculture value chain, Benson Hill is well equipped to deliver more sustainable options to consumers while helping reduce the agri-food industry’s carbon footprint. We are delighted to support its growth while delivering returns for our clients.»

«This investment in Benson Hill reflects the core of our investment philosophy at S2G Ventures: companies that both do well and do good are best-positioned to deliver value today and be competitive in the future,» said Sanjeev Krishnan, Chief Investment Officer and Managing Director at S2G Ventures and member of the Benson Hill Board of Directors. «Benson Hill is an attractive investment not only because of its strong performance and continued growth trajectory, but also because of the way the company and its technology can address looming challenges and add value across the broader food and agriculture value chain, from farmers to end-consumers.»

Benson Hill’s CropOS™ technology platform combines food science, data science and plant biology to unlock the genomic potential of plants to improve the health of people and the planet. Significant progress can be made through change driven by intent, design and access from plant to plate.

«The food and agriculture system is under enormous pressure to evolve beyond the traditional commodity model to meet the demands of today’s consumers and boost resiliency in the face of climate change,» said Matt Crisp, Benson Hill Chief Executive Officer. «CDPQ and S2G recognize the urgency of accelerating the evolution of the current agri-food system through innovation, and the critical role of innovators such as Benson Hill to help ensure that food is better from the beginning – better for people, better for farmers and better for the planet. Benson Hill is proud to be a part of this initiative by CDPQ and S2G, and of our partnerships across the food and agriculture supply chain.»

The new investment, as part of Benson Hill’s broader Series D capital raise, will allow the company to continue advancing Cloud Biology® and CropOS™, enhance partner development efforts across the value chain and build out the supply chain for its novel food and feed ingredients to meet the growing demand for plant-based foods and premium animal feed markets. Benson Hill plans to commercialize a line of Ultra-High Protein soybean varieties this year and also plans to cultivate the same approach on sustainability-focused food and ingredient innovation in other high-growth market segments in the years to come.

About Benson Hill
Benson Hill moves food forward with Cloud Biology® and the CropOS™ platform, a cutting-edge food innovation engine that combines data science and machine learning with biology and genetics. Benson Hill empowers innovators to unlock nature’s genetic diversity from plant to plate, with the purpose of creating healthier, great-tasting food and ingredient options that are both widely accessible and sustainable. More information can be found at bensonhill.com or on Twitter at @bensonhillinc.

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SOURCE Benson Hill