Categoría: Geovanny Vicente

Businesses and Consumers Who Bought an Interior Molded Door Between March 1, 2014 and September 4, 2020, Could Receive $25 or More From a Class Action Settlement Totaling $19.5 Million

RICHMOND, Va., Feb. 23, 2021 /PRNewswire-HISPANIC PR WIRE/ — The following notice is being jointly issued by Robins Kaplan LLP, Gustafson Gluek PLLC, and Joseph Saveri Law Firm and has been authorized by the U.S. District Court for the Eastern District of Virginia, in In re: Interior Molded Doors Indirect Purchaser Antitrust Litigation (No. 3:18-cv-00850-JAG).

The lawsuit, In re: Interior Molded Doors Indirect Purchaser Antitrust Litigation, Case…

RICHMOND, Va., Feb. 23, 2021 /PRNewswire-HISPANIC PR WIRE/ — The following notice is being jointly issued by Robins Kaplan LLP, Gustafson Gluek PLLC, and Joseph Saveri Law Firm and has been authorized by the U.S. District Court for the Eastern District of Virginia, in In re: Interior Molded Doors Indirect Purchaser Antitrust Litigation (No. 3:18-cv-00850-JAG).

The lawsuit, In re: Interior Molded Doors Indirect Purchaser Antitrust Litigation, Case No. 3:18-cv-00850-JAG, pending in the U.S. District Court for the Eastern District of Virginia, claims that JELD-WEN, Inc. and Masonite Corporation («Settling Defendants») agreed to fix the prices of Interior Molded Doors («IMDs») and, as a result, consumers and businesses who indirectly purchased Standalone IMDs not for resale may have paid more than they should have. Although the Settling Defendants have agreed to settle, they do not agree that they engaged in any wrongdoing or are liable or owe any money or benefits to Plaintiffs. The Court has not decided who is right.

Who is Included?

You are a Settlement Class Member if you indirectly purchased not for resale a Standalone IMD between March 1, 2014 and September 4, 2020. Purchases must have been made in, or while you were residing in an Indirect Purchaser State at the time of purchase. «Indirectly» means you bought the Standalone IMD from someone other than one of the Settling Defendants (e.g., you purchased a Standalone IMD at Home Depot, Lowe’s, or a lumber yard).

IMDs are a type of interior door made through a process of sandwiching a wood frame and hollow or solid core between two molded doorskins, rather than making the entire door from solid wood. A «Standalone Interior Molded Door» is an IMD that is not incorporated as part of a larger product (such as the purchase of a home) or service (such as the installation of the door in a home). For example, you are included if you are (a) a consumer who purchased an IMD for home installation OR (b) a business or commercial contractor that purchased an IMD to be included as a service provided to a customer or for its own use. Standalone IMDs contain patterns and do not include flush doors which have no patterns or relief.

The definitions of IMDs, Standalone IMDs, and the list of Indirect Purchaser States, among others, are available by visiting the Settlement Website www.InteriorMoldedDoorSettlement.com. 

What Does the Settlement Provide?

The Settlement provides for a total Settlement Fund of $19,500,000 («Settlement Fund»). After deduction of notice and administration expenses, attorneys’ fees, service awards to the Class Representatives, and litigation expenses, as approved by the Court («Net Settlement Fund»), the Net Settlement Fund will be available for distribution to Settlement Class Members who timely file valid claims. It is estimated that each member of the Settlement Class who submits a valid claim will receive at least $25. Payments will be based on a number of factors, including at least the number of valid claims filed by all Settlement Class Members and the number of Standalone IMDs purchased by each Settlement Class Member.

What are My Rights and Options?

Submit a Claim: To receive a Settlement payment, you must submit a claim by going to www.InteriorMoldedDoorSettlement.com and submitting (or printing and mailing) a Claim Form. A valid Claim Form must be submitted online or postmarked by June 25, 2021. 

Do Nothing: You will be included in the Settlement Class and bound by the Court’s decision, but you will not receive a payment. You will give up your rights to sue the Settling Defendants about the claims in this case. 

Exclude Yourself: You can exclude yourself («opt out») of the Settlement by submitting an exclusion request to the Settlement Administrator that is received no later than June 2, 2021. If you do so, you will not be eligible to receive a settlement payment but you will retain the right to sue on your own regarding any claims that are part of the Settlement. 

Object: You may also object to any part of this Settlement. Objections must be mailed to the Clerk of the Court and the Settlement Administrator and received no later than June 2, 2021. 

Details about how to opt-out, object, and mail your Claim Form are available on the Settlement Website.

Has the Court Approved the Settlement?            

No, the Court has set a hearing for July 13, 2021 at 9:00 a.m. to determine whether to approve the Settlement, Class Representative service awards not to exceed $56,000 total, attorney’s expenses not to exceed $5 million, and attorneys’ fees not to exceed 33% of the Settlement Fund. If there are objections or comments, the Court will consider them at that time.  You or your lawyer may appear at the hearing at your expense. The hearing may be moved to a different date or time without additional notice. Check the Settlement Website or call 1-844-964-2884 for current information.

How Can I Get More Information?

This Notice summarizes the Settlement Agreement. You can get a copy of the Settlement Agreement, important Court documents, and more information about the settlement on www.InteriorMoldedDoorSettlement.com.

The parties’ class certification briefs and expert reports are currently under seal pending an appeal. These documents can be obtained by Settlement Class Members by contacting Settlement Class Counsel or the Settlement Administrator. The Protective Order is available on the Settlement Website. If and when these documents are unsealed, they will promptly be posted online on the Settlement Website.

You may write with questions to info@InteriorMoldedDoorSettlement.com or call the toll-free number, 1-844-964-2884. You should also register on the website to be directly notified of the terms of the Plan of Allocation of the Settlement Fund, how to file a claim form, and other information concerning this case.

SOURCE Robins Kaplan LLP, Gustafson Gluek PLLC, and Joseph Saveri Law Firm

LexisNexis Insurance Demand Meter Reports Growth in U.S. Auto Insurance Q4 Shopping Activity

ATLANTA, Feb. 23, 2021 /PRNewswire/ — To help carriers understand the ever-changing market and offer benchmark insights, LexisNexis® Risk Solutions released its latest Insurance Demand Meter, reporting on Q4 U.S. auto insurance shopping activity, as well as 2020 year-end trends. The Meter shows…

ATLANTA, Feb. 23, 2021 /PRNewswire/ — To help carriers understand the ever-changing market and offer benchmark insights, LexisNexis® Risk Solutions released its latest Insurance Demand Meter, reporting on Q4 U.S. auto insurance shopping activity, as well as 2020 year-end trends. The Meter shows that both shopping and new business policy volumes increased overall in the fourth quarter, and that despite the ups and downs throughout the year, 2020 ended relatively strong. The year concluded with an annual shop rate of 41%, which, while consistent with each quarter in 2020, is the highest since we began collecting the data.

Shopping activity is hot, but conversion appears tricky 
The auto insurance shopping quarterly growth rate averaged 4.7% in Q4, ending the year relatively high at 10.9%. New business growth also increased from the end of the previous quarter to 3.9%, yet the year-over-year growth rate for the quarter was 0.6%, lagging behind shopping activity. 

«Considering all the events that shaped 2020, the fact that the market had some growth is a great benchmark for 2021,» said Tanner Sheehan, associate vice president of auto insurance at LexisNexis Risk Solutions. «We’re already starting to see patterns emerge when it comes to stimulus check distributions, and we look forward to seeing how correlations like that continue to play out in the year ahead.»

Gap remains between insured and uninsured shopping
Although both the insured and uninsured segments experienced an uptick in December, shoppers with existing insurance grew 15.1% while those who were uninsured declined -7.6%. With COVID-19 stimulus packages distributed, 2020 concluding rates indicate early signs of an uptick in the uninsured shopper segment heading into 2021, which aligns with the trends we saw earlier in the year with the Q2 stimulus payouts.

Additional key insights from Q4 include:

  • Shopping patterns by age normalized: While Q3 growth rates for all age groups stabilized within a few percentage points of each other for the first time, in November growth rates by age group began to shift back toward historical patterns. Q4 ended with those ages 66+ re-emerging as the most active shoppers.
  • Shopping with Exclusive Agents: Growth in the exclusive agent channel began to emerge with the initial COVID-19 shutdowns in March, and it continued to strengthen and outperform other distribution models throughout 2020, ultimately ending the year with +16% growth.

«It’s promising for the industry to see that the latest round of stimulus checks are enabling Americans to get back on the road and we’re cautiously optimistic that as the COVID-19 vaccines are more broadly administered a return to normalcy may be possible. With early discussion of additional stimuli, we look forward to continuing to examine the trends and identifying new opportunities of U.S. auto insurers in the year ahead,» Sheehan said. 

About the LexisNexis Insurance Demand Meter
The LexisNexis Insurance Demand Meter is a quarterly analysis of shopping volume and frequency, new business volume and related data points. LexisNexis Risk Solutions offers this unique market-wide perspective of consumer shopping and switching behavior based on its analysis of billions of consumer shopping transactions since 2009, representing nearly 90% of the universe of shopping activity.

To download the latest Insurance Demand Meter, click here.

About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information and analytics for professional and business customers. For more information, please visit www.risk.lexisnexis.com, and www.relx.com.

Media Contacts:
Rocio Rivera
LexisNexis Risk Solutions
Phone: +1.678.694.2338
rocio.rivera@lexisnexisrisk.com 

Mollie Holman
Brodeur Partners for LexisNexis Risk Solutions
Phone: +1.646.746.5611
mholman@brodeur.com

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SOURCE LexisNexis Risk Solutions

Businesses and Consumers Who Bought an Interior Molded Door Between March 1, 2014 and September 4, 2020, Could Receive $25 or More From a Class Action Settlement Totaling $19.5 Million

RICHMOND, Va., Feb. 23, 2021 /PRNewswire/ — The following notice is being jointly issued by Robins Kaplan LLP, Gustafson Gluek PLLC, and Joseph Saveri Law Firm and has been authorized by the U.S. District Court for the Eastern District of Virginia, in In re: Interior Molded Doors Indirect Purchaser Antitrust Litigation (No. 3:18-cv-00850-JAG).

The lawsuit, In re: Interior Molded Doors Indirect Purchaser Antitrust Litigation, Case No….

RICHMOND, Va., Feb. 23, 2021 /PRNewswire/ — The following notice is being jointly issued by Robins Kaplan LLP, Gustafson Gluek PLLC, and Joseph Saveri Law Firm and has been authorized by the U.S. District Court for the Eastern District of Virginia, in In re: Interior Molded Doors Indirect Purchaser Antitrust Litigation (No. 3:18-cv-00850-JAG).

The lawsuit, In re: Interior Molded Doors Indirect Purchaser Antitrust Litigation, Case No. 3:18-cv-00850-JAG, pending in the U.S. District Court for the Eastern District of Virginia, claims that JELD-WEN, Inc. and Masonite Corporation («Settling Defendants») agreed to fix the prices of Interior Molded Doors («IMDs») and, as a result, consumers and businesses who indirectly purchased Standalone IMDs not for resale may have paid more than they should have. Although the Settling Defendants have agreed to settle, they do not agree that they engaged in any wrongdoing or are liable or owe any money or benefits to Plaintiffs. The Court has not decided who is right.

Who is Included?

You are a Settlement Class Member if you indirectly purchased not for resale a Standalone IMD between March 1, 2014 and September 4, 2020. Purchases must have been made in, or while you were residing in an Indirect Purchaser State at the time of purchase. «Indirectly» means you bought the Standalone IMD from someone other than one of the Settling Defendants (e.g., you purchased a Standalone IMD at Home Depot, Lowe’s, or a lumber yard).

IMDs are a type of interior door made through a process of sandwiching a wood frame and hollow or solid core between two molded doorskins, rather than making the entire door from solid wood. A «Standalone Interior Molded Door» is an IMD that is not incorporated as part of a larger product (such as the purchase of a home) or service (such as the installation of the door in a home). For example, you are included if you are (a) a consumer who purchased an IMD for home installation OR (b) a business or commercial contractor that purchased an IMD to be included as a service provided to a customer or for its own use. Standalone IMDs contain patterns and do not include flush doors which have no patterns or relief.

The definitions of IMDs, Standalone IMDs, and the list of Indirect Purchaser States, among others, are available by visiting the Settlement Website www.InteriorMoldedDoorSettlement.com. 

What Does the Settlement Provide?

The Settlement provides for a total Settlement Fund of $19,500,000 («Settlement Fund»). After deduction of notice and administration expenses, attorneys’ fees, service awards to the Class Representatives, and litigation expenses, as approved by the Court («Net Settlement Fund»), the Net Settlement Fund will be available for distribution to Settlement Class Members who timely file valid claims. It is estimated that each member of the Settlement Class who submits a valid claim will receive at least $25. Payments will be based on a number of factors, including at least the number of valid claims filed by all Settlement Class Members and the number of Standalone IMDs purchased by each Settlement Class Member.

What are My Rights and Options?

Submit a Claim: To receive a Settlement payment, you must submit a claim by going to www.InteriorMoldedDoorSettlement.com and submitting (or printing and mailing) a Claim Form. A valid Claim Form must be submitted online or postmarked by June 25, 2021. 

Do Nothing: You will be included in the Settlement Class and bound by the Court’s decision, but you will not receive a payment. You will give up your rights to sue the Settling Defendants about the claims in this case. 

Exclude Yourself: You can exclude yourself («opt out») of the Settlement by submitting an exclusion request to the Settlement Administrator that is received no later than June 2, 2021. If you do so, you will not be eligible to receive a settlement payment but you will retain the right to sue on your own regarding any claims that are part of the Settlement. 

Object: You may also object to any part of this Settlement. Objections must be mailed to the Clerk of the Court and the Settlement Administrator and received no later than June 2, 2021. 

Details about how to opt-out, object, and mail your Claim Form are available on the Settlement Website.

Has the Court Approved the Settlement?            

No, the Court has set a hearing for July 13, 2021 at 9:00 a.m. to determine whether to approve the Settlement, Class Representative service awards not to exceed $56,000 total, attorney’s expenses not to exceed $5 million, and attorneys’ fees not to exceed 33% of the Settlement Fund. If there are objections or comments, the Court will consider them at that time.  You or your lawyer may appear at the hearing at your expense. The hearing may be moved to a different date or time without additional notice. Check the Settlement Website or call 1-844-964-2884 for current information.

How Can I Get More Information?

This Notice summarizes the Settlement Agreement. You can get a copy of the Settlement Agreement, important Court documents, and more information about the settlement on www.InteriorMoldedDoorSettlement.com.

The parties’ class certification briefs and expert reports are currently under seal pending an appeal. These documents can be obtained by Settlement Class Members by contacting Settlement Class Counsel or the Settlement Administrator. The Protective Order is available on the Settlement Website. If and when these documents are unsealed, they will promptly be posted online on the Settlement Website.

You may write with questions to info@InteriorMoldedDoorSettlement.com or call the toll-free number, 1-844-964-2884. You should also register on the website to be directly notified of the terms of the Plan of Allocation of the Settlement Fund, how to file a claim form, and other information concerning this case.

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SOURCE Robins Kaplan LLP, Gustafson Gluek PLLC, and Joseph Saveri Law Firm

EVgo Awarded Grant by State of Pennsylvania to Support 14 New Fast Chargers

LOS ANGELES, Feb. 23, 2021 /PRNewswire/ — EVgo, the nation’s largest public fast charging network for electric vehicles (EVs) and only platform that is…

LOS ANGELES, Feb. 23, 2021 /PRNewswire/ — EVgo, the nation’s largest public fast charging network for electric vehicles (EVs) and only platform that is powered by 100% renewable electricity, announced today that it was awarded a grant by the Commonwealth of Pennsylvania to deploy three new DC fast charging locations capable of simultaneously charging 14 EVs at retail centers in the Philadelphia area and near the Pittsburgh International Airport. Development of the new stations will be financially supported by the Pennsylvania Department of Environmental Protection’s (DEP) Driving PA Forward initiative, with funding provided through a Volkswagen environmental mitigation settlement Appendix D grant.

«EVgo is excited to partner with the Pennsylvania DEP to expand the reach of reliable and convenient fast charging to more EV drivers in the state,» said Cathy Zoi, CEO of EVgo. «Public-private partnerships are key to spurring EV adoption, and it’s especially meaningful for me, someone who grew up in Philadelphia and Pittsburgh, to help bring two cities I previously called ‘home’ closer to an all-electric future. We look forward to the continued growth of EVgo’s network in Pennsylvania and beyond, as the demand for fast EV charging continues its rapid expansion across the country.» 

EVs are a key part of any state’s efforts to reduce emissions and boost the economy. Through the Driving PA Forward initiative, the Pennsylvania DEP aims to permanently reduce NOx emissions by as much as 27,700 tons. As part of this effort, the state has allocated approximately $10 million over a 5-year period to fund a competitive grant program for acquisition, installation, operation and maintenance of EV fast charging equipment and hydrogen fuel cell vehicle supply equipment. EVgo was chosen as a recipient for the first and second rounds of this state grant program, which is designed to assist with the installation or expansion of strategically significant zero emission vehicle fueling projects.

As of September 2020, Pennsylvania had over 15,000 locally registered EVs – a more than 34% year over year increase and a nearly 150% expansion since the same point in 2018. With EV momentum building within the state, the need for convenient and reliable charging options is growing in response. Currently, there are less than 120 non-Tesla fast chargers in the state of Pennsylvania according to the U.S. Department of Energy. Today’s news will add 10% more public fast charging capacity to the Keystone State, and through EVgo’s new stations, drivers in the Philadelphia and Pittsburgh areas can enjoy efficient fast charging while they shop. The expansion will build on the 2,200+ members already served by EVgo in and around the two cities today. 

About EVgo

EVgo is the nation’s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. With more than 800 fast charging locations in more than 67 metropolitan areas across 34 states, EVgo owns and operates the most public fast charging locations in the US. and serves more than 220,000 customers. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for all U.S. drivers to take advantage of the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet. EVgo is owned by LS Power, a New York-headquartered development, investment and operating company focused on leading edge solutions for the North American power and energy infrastructure sector. For more information visit evgo.com and lspower.com.

About LS Power

LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector. Since its inception in 1990, LS Power has developed, constructed, managed or acquired more than 45,000 MW of power generation, including utility-scale solar, wind, hydro, natural gas-fired and battery energy storage projects, and has developed more than 660 miles of high voltage electric transmission. Additionally, LS Power actively invests in businesses focused on renewable energy and renewable fuels, as well as distributed energy resource platforms, such as CPower Energy Management and EVgo. Across its efforts, LS Power has raised in excess of $46 billion in debt and equity capital to support North American infrastructure. For more information, please visit www.lspower.com.

Contacts:

EVgo

For Investors:
EVgoIR@icrinc.com

For Media:
EVgoPR@icrinc.com

LS Power

Steven Arabia
Director, Government Affairs & Media Relations
sarabia@lspower.com
609-212-3857

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SOURCE EVgo

One and Only Eco-Friendly Diaper Brand with 1-for-1 Charity Model, Believe Diapers, Set to Change the Course of American Diaper Need

NEW YORK, Feb. 23, 2021 /PRNewswire/ — Today, Believe Diapers, the first socially responsible and <a target="_blank"…

NEW YORK, Feb. 23, 2021 /PRNewswire/ — Today, Believe Diapers, the first socially responsible and eco-friendly diaper brand with a true 1-for-1 charitable model, launches to U.S. consumers. Born of the insight that one in three U.S. families struggles to afford diapers, philanthropy is at the Brand’s core. Diaper need has a negative ripple effect, impacting an entire family’s ability to work and attend school. To help address the shortage, Believe Diapers has pledged to donate one million diapers to U.S. families in need at launch, in addition to their 1-for-1 diaper matching donations. Believe Diapers will partner with Good+Foundation to facilitate all diaper donations.

Of the launch, Believe Diapers’ CEO Joe Masi said, «A little over a year ago, my wife [co-founder Uli Herzner] and I became aware of the extreme diaper need in the U.S. and furthermore, the implications caused by that lack of resource. From post-partum depression to the inability to enroll children in daycare, we founded Believe Diapers in an effort to alleviate some of this largescale need.»

Diaper need is definitely a cause familiar to Good+Foundation. «Last year we saw a 500 percent increase in diaper requests as under-resourced families continue to struggle with diaper need in the United States,» said Katherine Snider, CEO of Good+Foundation. «Tens of thousands of families across the country will benefit from this generous donation from Believe Diapers.» 

Designed to be good for babies and also good for the planet, Believe Diapers are made with bamboo, a renewable resource that is also hypoallergenic, antimicrobial and odor resistant. These super soft, absorbent bamboo diapers are also free of all harmful chemicals, preservatives and additives. Believe Diapers is focused on creating the best diapers for today’s world, because «Earth is a mother, too.»

«While everyone deserves diaper security, creating a sustainable diaper out of respect to the environment is also extremely important to us – especially for the next generation around which our diapers will be placed. As diapers are a leading cause of pollution, Believe Diapers are crafted with renewable and sustainable materials in an effort to lessen the environmental impact and footprint associated with disposable goods,» said Uli Herzner.

ABOUT BELIEVE DIAPERS: The only eco-friendly diaper brand with a 1-for-1 charity model, Believe Diapers is set to change the course of diaper need in America by donating one diaper to a U.S. family in need for every Believe Diaper purchased. Embracing core values of generosity, purity and responsibility, our mission is to provide parents with diapers that are good for babies and kind to the environment, while helping those in need.

Facebook | @believediapers | believediapers.com

 

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SOURCE Believe Diapers

Redwire Acquires Deployable Space Systems (DSS), a Leading Supplier of Space Mission-Enabling Deployable Solar Arrays, Structures and Mechanisms

JACKSONVILLE, Fla., Feb. 23, 2021 /PRNewswire/ — Redwire, a new leader in mission critical space solutions and high reliability components for the next generation space economy, announced today that it has acquired Deployable Space Systems, Inc. (DSS), a leading supplier of mission-enabling deployable solar arrays, structures and mechanisms for space applications. Terms of the transaction were not disclosed.

«DSS has an unmatched reputation for innovative deployable space technologies and…

JACKSONVILLE, Fla., Feb. 23, 2021 /PRNewswire/ — Redwire, a new leader in mission critical space solutions and high reliability components for the next generation space economy, announced today that it has acquired Deployable Space Systems, Inc. (DSS), a leading supplier of mission-enabling deployable solar arrays, structures and mechanisms for space applications. Terms of the transaction were not disclosed.

«DSS has an unmatched reputation for innovative deployable space technologies and infrastructure, and that is a perfect fit for Redwire’s technology portfolio,» said Peter Cannito, Chairman and CEO of Redwire. «These new capabilities will expand our set of space infrastructure solutions and deliver even greater value to our customers.»

«Redwire has the vision, resources, reputation and relationships to take DSS to the next level, and we’re excited to join the team at this critical stage of our company growth,» said DSS President and Co-founder Brian Spence. «As a part of Redwire, we will be able to better serve our customers and scale our capabilities to support demand, while maintaining our innovative culture and strong commitment to provide the highest value for our customers.»

«While DSS has contracts with the largest leaders in aerospace today, Redwire will provide us with the size and breadth of services needed to secure even more competitive projects in the industry,» said DSS Vice President and Co-founder Steve White.

Founded in 2008 and headquartered in Goleta, California, DSS is the leading developer and provider of satellite mechanisms, deployable structures and booms and deployable solar array systems to the global space market. The company’s key products include deployable solar array systems, deployable structural and mechanical systems and supporting subsystems. This includes the award-winning and patented Roll-Out Solar Array, which NASA will use to upgrade the International Space Station’s solar arrays later this year. In collaboration with its customers, DSS designs, analyzes, builds, tests and delivers state-of-the-art deployable technologies and innovative products that are being implemented in Department of Defense, NASA and commercial programs.

DSS marks Redwire’s seventh acquisition. Redwire has amassed an innovative portfolio of space infrastructure capabilities through the strategic acquisitions of Adcole Space, Deep Space Systems, Made In Space, Roccor, LoadPath and Oakman Aerospace. Redwire was formed in June 2020 by AE Industrial Partners, LP (AEI), a private equity firm specializing in Aerospace, Defense, Space & Government Services, Power Generation and Specialty Industrial markets.

«Redwire and AEI have been focused on identifying innovative companies that are critical to enabling sustainable space infrastructure, and DSS’s dominance in innovative deployable solar arrays and structures is a valuable addition to Redwire’s technology portfolio,» said Kirk Konert, Partner at AEI. «We are pleased to see Redwire’s strategic growth as the industry leader for space infrastructure.»

PricewaterhouseCoopers LLP served as the financial advisor and Kirkland & Ellis LLP served as the legal advisor to Redwire. Fell, Marking, Abkin, Montgomery, Granet & Raney, LLP was the legal advisor to DSS.

About Redwire
Redwire is a new leader in mission critical space solutions and high reliability components for the next generation space economy. With decades of flight heritage combined with the agile and innovative culture of a commercial space platform, Redwire is uniquely positioned to assist its customers in solving the complex challenges of future space missions. For more information, please visit www.redwirespace.com.

About Deployable Space Systems
Deployable Space Systems (DSS) is a leading provider of satellite mechanisms, deployable structures and booms, and deployable solar array systems to the global space market. DSS’s product portfolio includes the award-winning and patented ROSA (Roll-Out Solar Array), Integrated Modular Blanket Assembly; Aladdin, Rigid-Panel and Functional Advanced Concentrator Technology solar array technologies; a multitude of elastically and articulated deployable structures and booms, open-lattice booms, telescopic booms; and a variety of mission-enabling mechanisms for space applications. Founded in 2008, DSS is headquartered in Goleta, California. For more information, visit www.dss-space.com.

About AE Industrial Partners
AE Industrial Partners is a private equity firm specializing in Aerospace, Defense, Space & Government Services, Power Generation and Specialty Industrial markets. AE Industrial Partners invests in market-leading companies that can benefit from its deep industry knowledge, operating experience, and relationships throughout its target markets. AE Industrial Partners is a signatory to the United Nations Principles for Responsible Investment. Learn more at www.aeroequity.com.

Media Contacts:

For Redwire:
Austin Jordan
321-536-8632
austin.jordan@redwirespace.com

For AE Industrial Partners:
Lambert & Co.
Jennifer Hurson
845-507-0571
jhurson@lambert.com
or
Caroline Luz
203-656-2829
cluz@lambert.com

 

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SOURCE Redwire; AE Industrial Partners

OTC Markets Group Welcomes BIGG Digital Assets Inc. to OTCQX

NEW YORK, Feb. 23, 2021 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced <a target="_blank"…

NEW YORK, Feb. 23, 2021 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced BIGG Digital Assets Inc. (CSE: BIGG; OTCQX: BBKCF), owner of Netcoins (Netcoins.ca) («Netcoins»), an online cryptocurrency brokerage,  and owner of Blockchain Intelligence Group («BIG»), a developer of Blockchain technology search, risk-scoring and data analytics solutions, has qualified to trade on the OTCQX® Best Market. BIGG Digital Assets upgraded to OTCQX from the OTCQB® Venture Market.

BIGG Digital Assets begins trading today on OTCQX under the symbol «BBKCF.»  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

BIGG CEO, Mark Binns, commented, «We are very pleased to reach the milestone of trading on OTCQX, and look forward to the increased exposure that the OTCQX will bring to potential investors in BIGG including US investment funds and family offices.»

About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Netcoins (netcoins.ca) and Blockchain Intelligence Group (blockchaingroup.io). 

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a «risk score» for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements. 

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities.  Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

Subscribe to the OTC Markets RSS Feed

Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com 

(PRNewsfoto/OTC Markets Group Inc.)

 

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SOURCE OTC Markets Group Inc.

Home Improvement Host and Influencer, Danny Lipford, Shares Expert Tips to ‘Caulk Out the Cold’ This Winter

MOBILE, Ala., Feb. 23, 2021 /PRNewswire/ — If you’re interested in saving 15% on your winter energy bill, tune in for advice from Today’s Homeowner Media home improvement host, Danny Lipford, in a national media campaign titled, «Caulk Out the Cold.» Partnering with…

MOBILE, Ala., Feb. 23, 2021 /PRNewswire/ — If you’re interested in saving 15% on your winter energy bill, tune in for advice from Today’s Homeowner Media home improvement host, Danny Lipford, in a national media campaign titled, «Caulk Out the Cold.» Partnering with New Jersey-based gas and electric utility, Public Service Electric and Gas Co. (PSE&G), Lipford is excited to launch the campaign and raise awareness among homeowners about reducing energy use, saving money and shrinking their carbon footprint.

«Being a homeowner can feel overwhelming at times – there’s always something that needs to be done,» says Lipford. «But if you can only make time for a few chores, sealing the envelope of your home should be at the top of your list! It will provide a more comfortable environment for you and your family and help reduce your energy use and costs – making you the smartest homeowner on the block.»

«Being a homeowner can feel overwhelming at times – there’s always something that needs to be done,» says Lipford. «But if you can only make time for a few chores, sealing the envelope of your home should be at the top of your list! It will provide a more comfortable environment for you and your family and help reduce your energy use and costs – making you the smartest homeowner on the block.»

One of the easiest ways to seal your home is to grab some caulk. Small cracks and crevices around doors, windows and other protrusions might seem small, but Lipford notes adding them up could easily translate to a 3′ x 3′ space. Caulking these areas will keep out cold winter air, and prevent pollen, humidity and insects from entering your home.

He also offers a tip for identifying drafty areas and cracks – turn off fans and your HVAC system, and light a match. Hold the match near windows and doors and watch for flame movement. If the flame is disturbed, air is leaking in the area. If it remains undisturbed, that window or door is likely well-sealed. Get Lipford’s guide for successful caulking.

In addition to «Caulking Out the Cold,» assessing your home’s insulation is vital to sealing its envelope. Installing additional insulation, according to Lipford, provides the best return on investment for any homeowner. If you aren’t sure about your current insulation level, check out Lipford’s video guide to determine your needs. 40 percent of a home’s heat loss takes place through the attic, so protecting it with additional insulation, along with other areas such as floors and crawlspaces, provides immediate improvement in comfort and energy savings.

Lipford offers another clever tip for homeowners – adding an attic stair cover. In most homes, attic stairs are mounted to a thin piece of plywood, which separates heated or conditioned air from escaping through the attic. Attic stair covers are inexpensive and require no formal installation, so putting one in place adds more energy savings to your bottom line.

Finally, to round out the campaign, Lipford discusses the important, but often «unseen,» impact of improving energy efficiency in homes – benefit to the environment. By consuming less energy in homes, homeowners actively conserve natural resources and reduce their carbon footprint. Energy efficiency is the centerpiece of PSE&G’s clean energy vision because it benefits customers and the environment – it’s the one strategy for combating climate change that lowers customers’ bills. PSE&G’s energy efficiency programs have won 14 awards since 2012.

The media campaign is sponsored by PSE&G and Today’s Homeowner Media, and is broadcasting across TV and radio outlets throughout the U.S. to an audience of 7+ million.

ABOUT TODAY’S HOMEOWNER 

Today’s Homeowner, led by host and expert remodeler, Danny Lipford, is a trusted home improvement authority delivering fresh, original, practical advice to consumers across diverse media platforms including the top-rated, nationally syndicated «Today’s Homeowner» television show, radio show, podcast, website and social channels.  

ABOUT PSE&G

Public Service Electric and Gas Co. (PSE&G) is New Jersey’s oldest and largest gas and electric delivery public utility, serving three-quarters of the state’s population. PSE&G is the winner of the ReliabilityOne Award for superior electric system reliability. In 2020, PSE&G was named the most trusted combined gas & electric utility in the East Region, by the Cogent Syndicated Brand Trust Index. PSE&G is a subsidiary of Public Service Enterprise Group Inc. (PSEG), a diversified energy company. PSEG has been named to the Dow Jones Sustainability Index for North America for 13 consecutive years.

Media Contact:
Stephanie Greenwood, VP of PR, Marketing & Digital
(251) 401-7535
stephanie@dannylipford.com

Related Images

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Today’s Homeowner, PSE&G
Today’s Homeowner, PSE&G

Related Links

Today’s Homeowner

PSE&G Winter Tips

Related Video

https://vimeo.com/503562767

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SOURCE Today’s Homeowner Media

Lucid Motors and Churchill Capital Corp IV Announce Investor Call to Discuss Proposed Merger

NEWARK, Calif. and NEW YORK, Feb. 23, 2021 /PRNewswire/ — Lucid Motors, which is setting new standards for sustainable mobility with its advanced luxury EVs, and Churchill Capital Corp IV (NYSE: CCIV), a special purpose acquisition company, announced today that they will hold an investor call and live Q&A with Peter Rawlinson, CEO and CTO of Lucid, and Michael Klein, Chairman and CEO of CCIV, on <span…

NEWARK, Calif. and NEW YORK, Feb. 23, 2021 /PRNewswire/ — Lucid Motors, which is setting new standards for sustainable mobility with its advanced luxury EVs, and Churchill Capital Corp IV (NYSE: CCIV), a special purpose acquisition company, announced today that they will hold an investor call and live Q&A with Peter Rawlinson, CEO and CTO of Lucid, and Michael Klein, Chairman and CEO of CCIV, on Tuesday, February 23, 2021 at 10:30 a.m. EST, to discuss their recently announced $11.75 billion transaction.

Date: Tuesday, February 23, 2021
Time: 10:30 a.m. EST (7:30 a.m. PT)
Videoconference link: link – Conference ID: 981 8408 5468
Toll-free dial-in number: +16699006833,,98184085468# 
International dial-in number:  https://blueshirtgroup.zoom.us/u/acxS5SAc7Q 

A replay of the conference call will be available after 3:00 p.m. EST on the same day through March 15, 2021.

About Lucid Motors

Lucid’s mission is to inspire the adoption of sustainable transportation by creating the most captivating electric vehicles, centered around the human experience. The company’s first car, the Lucid Air, is a state-of-the-art luxury sedan with a California-inspired design underpinned by race-proven technology. Featuring luxurious interior space in a mid-size exterior footprint, the Air will be capable of an estimated EPA range of over 500 miles and 0-60 mph in under 2.5 seconds. Customer deliveries of the Lucid Air, which will be produced at Lucid’s new factory in Casa Grande, Arizona, will begin in the second half of 2021.

About Churchill Capital Corp IV

Churchill Capital Corp IV was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Additional Information About the Proposed Transactions and Where to Find It

The proposed transactions will be submitted to shareholders of CCIV for their consideration. CCIV intends to file a registration statement on Form S-4 (the «Registration Statement») with the Securities and Exchange Commission (the «SEC») which will include preliminary and definitive proxy statements to be distributed to CCIV’s shareholders in connection with CCIV’s solicitation for proxies for the vote by CCIV’s shareholders in connection with the proposed transactions and other matters as described in the Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to Lucid’s shareholders in connection with the completion of the proposed business combination.  After the Registration Statement has been filed and declared effective, CCIV will mail a definitive proxy statement and other relevant documents to its shareholders as of the record date established for voting on the proposed transactions. CCIV’s shareholders and other interested persons are advised to read, once available, the preliminary proxy statement/prospectus and any amendments thereto and, once available, the definitive proxy statement/prospectus, in connection with CCIV’s solicitation of proxies for its special meeting of shareholders to be held to approve, among other things, the proposed transactions, because these documents will contain important information about CCIV, Lucid and the proposed transactions. Shareholders may also obtain a copy of the preliminary or definitive proxy statement, once available, as well as other documents filed with the SEC regarding the proposed transactions and other documents filed with the SEC by CCIV, without charge, at the SEC’s website located at www.sec.gov or by directing a request to CCIV.

INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

Participants in the Solicitation

CCIV, Lucid and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitations of proxies from CCIV’s shareholders in connection with the proposed transactions. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of CCIV’s shareholders in connection with the proposed transactions will be set forth in CCIV’s proxy statement/prospectus when it is filed with the SEC. You can find more information about CCIV’s directors and executive officers in CCIV’s final prospectus filed with the SEC on July 30, 2020. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the proxy statement/prospectus when it becomes available. Shareholders, potential investors and other interested persons should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

No Offer or Solicitation

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Contacts

For Lucid Motors, Inc.
Andrew Hussey
andrewhussey@lucidmotors.com
media@lucidmotors.com
investors@lucidmotors.com
Brunswick Group:
Tim Daubenspeck/Stephen Powers/Will Rasmussen
lucid@brunswickgroup.com

For Churchill Capital Corp IV
Steve Lipin / Lauren Odell / Christina Stenson
Gladstone Place Partners
(212) 230-5930

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SOURCE Churchill Capital Corp IV

GFL Environmental Inc. Announces Appointment of Violet Konkle to the Board of Directors

VAUGHAN, ON, Feb. 23, 2021 /PRNewswire/ – GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) («GFL» or the «Company») today announced that Violet Konkle has joined the Board of Directors as an independent director and a member of the Audit Committee.

<a…

VAUGHAN, ON, Feb. 23, 2021 /PRNewswire/ – GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) («GFL» or the «Company») today announced that Violet Konkle has joined the Board of Directors as an independent director and a member of the Audit Committee.

«I am very excited that Vi has agreed to join our Board of Directors,» said Patrick Dovigi, Founder and Chief Executive Officer of GFL. «Vi brings with her a wealth of experience as an operator, having previously served as the President and Chief Executive Officer of the Brick Ltd. and holding several executive level positions with Walmart Canada and Loblaws Companies. She currently serves on the board of directors of The Boyd Group Services Inc. (TSX:BYD) and The Northwest Company (TSX:NWC). We welcome Vi to our board and look forward to working with her.»

«I am delighted to join the GFL Board of Directors. GFL is a dynamic Canadian company with a very promising future,» said Ms. Konkle. «I look forward to serving with the other directors, Patrick and GFL’s stellar management team.»

Mr. Dovigi continued, «We are also announcing today the resignation of Shahir Guindi, who served as a director of the Company since 2018 and a member of the Audit Committee since March 2020.  I would like to thank Shahir for his valued contributions and his insightful advice during his tenure as a director.»

«Having had a very small part in GFL’s extraordinary journey has been a true privilege and pleasure for me,» said Shahir Guindi. «The Company’s successful initial public offering and impressive execution and integration of large M&A and smaller tuck-in acquisitions is a testament to Patrick’s leadership and vision and the strength of an exceptionally hard-working and dedicated management team.»

About GFL

GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing a comprehensive line of non-hazardous solid waste management, infrastructure & soil remediation and liquid waste management services through its platform of facilities throughout Canada and in 27 states in the United States.  Across its organization, GFL has a workforce of more than 15,000 employees. 

For further information: Patrick Dovigi, Founder and Chief Executive Officer, +1 905-326-0101, pdovigi@gflenv.com

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SOURCE GFL Environmental Inc.