Fearless Forecast Week 11: 4 Rec, 59 Yds
Projected Points: 10.4
Fearless Forecast Week 11: 4 Rec, 59 Yds
Projected Points: 10.4
San Francisco-based private financial group has been engaged by development-stage biopharmaceutical company as lead placement agent for convertible preferred stock offering. Cardax is a development stage biopharmaceutical company primarily focused on the development of pharmaceuticals for chronic diseases driven by inflammation. Cardax also markets a dietary supplement for inflammatory health.San Francisco, California, Nov. 24, 2020 (GLOBE NEWSWIRE) -- US Capital Global Securities LLC, an affiliate of US Capital Global, is offering to eligible investors an investment opportunity of up to $10 million in membership units in US Capital Global Cardax Preferred, LLC, a pooled investment vehicle that will invest in convertible preferred stock of Cardax, Inc. (“Cardax”). This offering is being made in reliance upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended, pursuant to Rule 506(c) of Regulation D promulgated thereunder.Headquartered in Honolulu, Hawaii, Cardax (OTCQB: CDXI) is a biopharmaceutical company focused primarily on developing pharmaceuticals to safely address chronic inflammatory disease. Cardax also markets ZanthoSyn®, a physician-recommended dietary supplement for health and longevity.With offices in San Francisco and London, US Capital Global is a full-service private financial group with an established track record in providing corporate finance and asset management. All securities are offered through the group’s registered broker-dealer division, US Capital Global Securities LLC.David G. Watumull, President and CEO at Cardax, said: “We are very pleased to be collaborating with US Capital Global Securities on this $10 million offering. We believe Cardax is currently at an inflection point in its growth, and this financing is designed to advance our lead pharmaceutical candidate, CDX-101, over the next 12 to 18 months from pre-clinical to clinical development—a significant value creation event in the industry.”“It is a real pleasure to be serving Cardax as its lead placement agent on this offering,” said Charles Towle, CEO at US Capital Global Securities. “Cardax’s mission is to safely combat chronic inflammation—one of the major drivers of chronic disease, including cardiovascular disease, metabolic disease, liver disease, arthritis, and aging. If you are interested in Cardax, the opportunity to participate in this $10 million investment is now open to eligible investors.” About Cardax, Inc.Cardax is a biopharmaceutical company focused primarily on developing pharmaceuticals for diseases driven by inflammation. The company also has a commercial business unit that markets ZanthoSyn®, an astaxanthin dietary supplement for inflammatory health.* CDX-101, the company’s astaxanthin pharmaceutical candidate, is being developed for cardiovascular inflammation and dyslipidemia, with a target initial indication of severe hypertriglyceridemia. CDX-301, the company’s zeaxanthin pharmaceutical candidate, is being developed for macular degeneration. The safety and efficacy of the company’s pharmaceutical candidates have not been directly evaluated in clinical trials or confirmed by the FDA. www.cardaxpharma.com About US Capital GlobalUS Capital Global Securities LLC (“USCGS”) is the FINRA-registered broker-dealer division of US Capital Global that acts as placement agent for growth-stage companies, projects, and investment funds. Since 1998, the US Capital Global team has been committed to providing small and lower middle market businesses and investors with sophisticated debt, equity, and investment opportunities usually available only to larger middle market companies and institutional investors, using the latest FinTech and RegTech innovation. US Capital Global entities manage direct investment funds and provide wealth management and capital raise services. USCGS or its affiliates may provide advice to, be compensated by, may have other business relationships with, or may from time to time acquire, hold or sell a position in the securities of, the issuers mentioned herein. Any such offer or solicitation shall be made only pursuant to the confidential private placement memorandum. View USCGS’ Form CRS at www.uscgs.com/crs.html. 202011PR To learn more about US Capital Global Securities or this investment opportunity, email Frank Villarreal at firstname.lastname@example.org or call +1 415-350-4092.* This statement has not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease.Attachment * uscgs-cardax CONTACT: Vanessa Guajardo US Capital Global +1 415 889 1045 email@example.com
The Tennessee Titans have placed a pair of starters on injured reserve in linebacker Jayon Brown and left tackle Ty Sambrailo. The Titans also designated three-time Pro Bowl punter Brett Kern, cornerback Tye Smith and cornerback Kristian Fulton to return from injured reserve Tuesday, opening the 21-day window to practice without counting on the 53-man roster.
(Bloomberg) -- Treasury Secretary Steven Mnuchin will put $455 billion in unspent Cares Act funding into an account that his presumed successor, former Federal Reserve Chair Janet Yellen, will need authorization from Congress to use.Mnuchin plans to place the money into the agency’s General Fund, a Treasury Department spokesperson said Tuesday. Moving the funds, the bulk of which had gone to support Federal Reserve emergency-lending facilities, will make it virtually impossible for Yellen, if confirmed by the Senate as Treasury secretary, to deploy on her own.President-elect Joe Biden’s transition team last week called Mnuchin’s demand for the return of funds from the Fed “deeply irresponsible,” and congressional Democrats also panned the move. Mnuchin has denied that he was attempting to limit Biden’s options for reviving the economy.The Treasury’s general fund can only be tapped with “authority based on congressionally issued legislation,” according to the department’s website.The move leaves just under $80 billion available in the Treasury’s Exchange Stabilization Fund, a pot of money that can be used with some discretion by the Treasury chief.The money includes $429 billion that Mnuchin is clawing back from the Fed -- which backed some of the central bank’s emergency lending facilities -- and $26 billion that Treasury received for direct loans to companies. Both initiatives were created under the sweeping Cares Act that was passed earlier this year as the coronavirus pandemic inflicted economic pain on the U.S.Mnuchin sent a letter to Powell last week asking for the return of money provided to the Fed by the Treasury as a backstop that allowed the central bank to lend to certain markets in times of stress. The Fed publicly objected to the move, but agreed to return the funds.Mnuchin said that many markets are no longer in danger of seizing up and don’t need aid beyond next month, when the programs are scheduled to expire. He said that the funds can be better applied to specific areas of the economy with the greatest need, through congressionally approved grants.“For companies that are impacted by Covid -- such as travel, entertainment and restaurants -- they don’t need more debt, they need more PPP money, they need more grants,” Mnuchin said in an interview last week.Mnuchin isn’t required to move the money into the General Fund -- the Cares Act states that the Treasury Department can maintain access to the money by keeping it in its Exchange Stabilization Fund until 2026.“Biden will work with leaders across government to ensure Main Street businesses and state and local governments have the support and access to credit they need to weather this storm,” spokesperson Kate Bedingfield said.(Updates with political context starting in third paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
A huge colorful portrait of the late Supreme Court Justice Ruth Bader Ginsburg now greets passersby over an East Village crosswalk in New York City. "I think it's very beautiful ... very inspirational,” said New York resident Teddy Koutsos. “In New York, we have a lot of inspiration through art.”
ViacomCBS Inc. (NASDAQ: VIAC; VIACA) today announced that Bob Bakish, President and Chief Executive Officer, will participate in a question and answer session during the UBS Global TMT Virtual Conference on Tuesday, December 8, 2020 at 1:00 p.m. ET.
EXCLUSIVE: TNT’s Animal Kingdom has added Anthony Konechny to the cast in a recurring role. Konechny, who has acted in Supergirl, Witches of East End and Fifty Shades of Grey, will appear in the show’s fifth season as a younger version of Denis Leary’s Billy. Carla Frankenbach will write Animal Kingdom season 5, with Loren […]
It’s unlikely that Tyson will ever return to actual competition, let alone win the title, but history should show him that if he ever thinks of trying, it’s going to be a long, hard and difficult road.
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 817 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […]
With the IR injury designation, Perine (high-ankle sprain) and Ficken (groin) will miss at least three games, and with the Jets only having six games remaining, there’s a chance both players could be done for the season.
The American Petroleum Institute late Tuesday reported that U.S. crude supplies rose by 3.8 million barrels for the week ended Nov. 20, according to sources. The data also showed gasoline stockpiles up by 1.3 million barrels, while distillate inventories fell by 1.8 million barrels. Crude stocks at the Cushing, Okla., storage hub, meanwhile, declined 1.4 million barrels for the week, sources said. Inventory data from the Energy Information Administration will be released Wednesday at 10:30 a.m. Eastern and gas inventories will be released at a noon, a day early due to the Thanksgiving holiday. December West Texas Intermediate crude was at $44.80 a barrel in electronic trading, up 4.1% but down from Tuesday's settlement at $44.91/bbl. on the New York Mercantile Exchange.
The Dow Jones Industrial Average broke 30,000 points Tuesday as investors were encouraged by the latest progress on developing coronavirus vaccines and news the transition of power in the U.S. to President-elect Joe Biden will finally begin. (Nov. 24)
There are new concerns that more states are running out of hospital beds due to a massive spike in COVID-19 cases, as Monday marked the 14th consecutive day hospitalizations hit a new record in the United States.
Janet Yellen, President-elect Biden's pick for Treasury secretary, is a centrist could bridge the divide in Washington over stimulus, other issues
The public has had its say: President-elect Joe Biden’s margin of victory was by more than 6 million votes, and on Jan. 20, he will take office.
Tim Tebow is going to give baseball a shot again in 2021.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 817 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
Energy holding cuts make way for new positions
Kroll Bond Rating Agency (KBRA) was the panel moderator at the inaugural Prospectus 2021 conference on November 18-21, one in a new series of reinsurance and insurance-linked securities (ILS) industry events held by Artemis and Reinsurance News. The panel consisted of three highly experienced investors whose firms collectively manage around $300 billion of insurance company assets.
Rudy Giuliani’s literal meltdown is the gift that keeps on giving.In an Instagram announcement that very well may have been inspired by a recent Daily Beast article, Julia Louis-Dreyfus appeared with black paint dripping down her face to share the news that Veep’s cast will be reuniting online for a live table read of the unusually prescient 2016 episode “Mother.”> View this post on Instagram> > A post shared by Julia Louis-Dreyfus (@officialjld)“Over the last few weeks, many brave and patriotic Americans have come forward having witnessed similarities between our ongoing election and the TV show Veep,” Louis-Dreyfus says in the video as footage plays of dueling “Stop the Count” and “Count the Votes” rallies from the show’s fifth season play on screen.“And not just a singular example, but a pattern that repeats itself over and over,” she continues. “Literally thousands or hundreds of thousands of cases. To any experienced investigator or prosecutor this would suggest there was a plan from a centralized place, specifically focused on Veep.”From there, Louis-Dreyfus mocks Giuliani’s My Cousin Vinny riff by asking off-screen to no one, “Have you watched Veep? It’s one of my favorites. With the nice lady?”As she proceeds to wipe her face with a handkerchief, the Emmy-winning actress reveals the point of all this. On Sunday, December 6th at 8 p.m. ET, the entire Veep cast plus some special guests will reunite in the event to benefit America Votes. A donation of any amount to help turn out voters for the two Georgia Senate runoffs at ShowUpforGeorgia.com gets you access to the show.“Be forewarned, we shall release the Kraken,” Louis-Dreyfus concludes with a smile.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
Chop your onions with confidence and safety this holiday seson. The NoCry cut resistant gloves are now at a low price of $9.75 for a pair, promising you clean chops without knicks. Our team is dedicated to finding and telling you more about the products and deals we love. If you love them too and decide to purchase through the links below, we may receive a commission. Pricing and availability are subject to change.