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NLPC: Special Counsel Jack Smith Must Close Shop

NLPC

National Legal and Policy Center Counsel Paul Kamenar and Chairman Peter Flaherty issued the statements below regarding the future of federal prosecutions of Donald Trump. “It appears that Special Prosecutor Jack Smith is coming to his senses and preparing to drop the two federal prosecutions against President-elect Donald Trump, ” said Paul Kamenar, counsel to NLPC. Although he vowed this summer to continue the prosecutions up until Inauguration Day if Trump got elected, neither of the two pending prosecutions, one in the District of Columbia for alleged election interference and the other in Florida regarding the classified documents case, could be tried before Trump’s inauguration on January 20, 2025. “The public jury has spoken overwhelmingly on election day that these political prosecutions be dropped,” said Peter Flaherty, NLPC Chairman. Once he becomes President, Trump can order his Acting Attorney General that Jack Smith be fired and the two cases be dismissed plus under Justice Department policy, a sitting president cannot be prosecuted. The most that Jack Smith can do now is write his report and submit it to Congress before he is fired. NLPC has been critical of Jack Smith’s prosecutions since they began. Indeed, Judge Aileen Cannon dismissed the Florida Mar-a-Lago case based on the unconstitutional appointment of Jack Smith, the very issue which NLPC supported in the legal challenge to Robert Mueller’s appointment in the Russia hoax case. As for the two remaining state cases, Trump lawyers are asking that those cases also be dropped. The sentencing in the biased New York hush money was already postponed to November 17 and there are immunity issues in that case as well stemming from the Supreme Court’s decision granting Trump immunity from criminal prosecution for actions taken in office. The Georgia case is on appeal regarding the legality of prosecutor Fani Willis staying on the case but should also be dismissed. According to Flaherty, “For the sake of the Rule of Law, it is a good thing that Trump won. If he had not, these prosecutions would continue, and future Republican candidates for President and other offices would face a barrage of lawsuits calculated to destroy their candidacies, livelihoods and reputations. Hopefully, the ‘lawfare’ warriors have learned their lesson, and we can return to free and fair elections.” For more information or to schedule an interview with Peter Flaherty or Paul Kamenar, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

November 08, 2024 11:15 AM Eastern Standard Time

Innovation Beverage Group Offers Zero-Alcohol Range As Non-Alcoholic Beverages Market Grows

Benzinga

By Kyle Anthony, Benzinga Society’s tastes and preferences are constantly changing; as such, the most forward-thinking companies strive to anticipate where new preferences may manifest and to be present for interested consumers. In the beverage industry, non-alcoholic beers and wines are gaining prominence amongst consumers, opening the pathway for beverage producers to offer new and refreshing products akin to alcoholic beverages, but without their undesirable effects or long-term health consequences. Striving to become a key player in the non-alcoholic beverage market, Innovation Beverage Group (NASDAQ: IBG) stands out as a developer, manufacturer and marketer of a diverse beverage portfolio. With 60 formulations across 13 alcoholic and non-alcoholic brands, the company is striving to be at the forefront of catering to evolving consumer preferences. The Growth Of The Non-Alcoholic Beverage Market According to research by Introspective Market Research (IMR), the global non-alcoholic beer and wine market was estimated at $22.65 billion in 2022 and is projected to reach $37.21 billion by 2030, growing at a CAGR of 6.4%. While once considered a niche market, non-alcoholic beers and wines have become a material opportunity for beverage producers, but why is the question? The answer is varied. While changes in societal preference and attitudes toward alcohol consumption is an overarching rationale, there are other reasons many people are making this change. As detailed in IMR’s report, the rising health consciousness among consumers is arguably the primary reason behind the growth of the non-alcohol beer and wine market. With growing awareness about the health implications of excessive alcohol consumption and lifestyle movements such as Sober Curious, individuals, particularly millennials, are driving demand for this beverage category. The International Wine and Spirits Record (IWSR) recently reported that millennials are willing to try new products across the no-alcohol spectrum. Furthermore, almost half of millennial no-alcohol consumers are classed as ‘substituters’ – in other words, those who drink no-alcohol products on some occasions, and full-strength on others – and they are also disproportionately frequent no-alcohol consumers, accounting for 51% of frequent no-alcohol consumers in the US, and 47% of consistent consumers. Technology and product innovation are also driving the growth of the non-alcoholic beverage category. As outlined in the IMR report, leading companies are making the necessary investments to compete in this category, using industry-leading processes, such as vacuum distillation and fermentation control, to create non-alcoholic beers and wines that closely replicate the flavor profiles of traditional alcoholic beverages. This technological advancement has played a crucial role in enhancing product quality and gaining consumer acceptance, propelling the market forward. Another important consideration aiding the growth of the non-alcoholic beverage category is regulation and accessibility. As highlighted in the IMR report, in regions such as Europe, where non-alcoholic beverages are not subject to excise duty, the cost advantage can boost market growth by lowering consumer prices, enhancing affordability, and stimulating demand. Furthermore, being able to brand a product as “0% alcohol-free” offers a potential competitive advantage, enabling producers to position them as healthier options. The alcohol-free designation allows food delivery platforms, such as Uber (NYSE:UBER) or DoorDash (NASDAQ:DASH), to facilitate the sale and distribution of these products to consumers easily, as there is no requirement to show any identification to verify a purchaser's age for such products. Attaining Success In The Non-Alcoholic Beverage Category The non-alcoholic beverage category presents an opportunity for beverage producers to think differently and understand their consumers. Earlier this year, the Boston Consulting Group published a brief on the growth of the non-alcoholic beverage category, highlighting the factors that will aid beverage producers in gaining success. Top of the list was great products. In this increasingly competitive category, making a beverage with a distinct flavor profile and broad appeal is important. As such, beverage producers that invest in research and development have the potential to differentiate themselves. The second factor is brand perception. While it would be easy for established players to leverage their existing brand by making an alcohol-free version of their regular product as a means of entering the category; that may not have any staying power in the long run. As such, beverage producers need to be intentional and thoughtful as they enter the category, creating distinct brands. Finally, customer knowledge is also key. Societal preferences are ever-changing, as such, being able to identify these trends and align one’s product messaging and marketing to them is truly powerful. With individuals becoming more health-conscious or being more mindful and aware of their consumption habits, beverage producers are able to market their non-alcoholic beverages to individuals on the basis of their belief and lifestyle. IBG’s Drummberboy; A Non-Alcoholic Spirit For Those That Want To Forge Their Own Path Discussions about the non-alcoholic beverage category lean towards beer and wine, as such, IBG has attempted to differentiate themselves from the field with their Drummerboy non-alcoholic spirits, which include whiskey, tequila, gin, vermouth and aperitif. Four of out the five drinks have been awarded by the Melbourne International Spirits Competition (2022) and International Wine & Spirits Competition (2023). From a brand perception standpoint, Drummberboy actively leans into its non-alcoholic nature with the tagline “Zero Alcohol, Zero Cares Given.” Finally, the IBG has found ways to promote and align the product with consumers digitally, by way of having mocktail recipe guides on their website and tutorials on YouTube. A Distinctive Company With An Eye On The Future IBG wants to disrupt the beverage landscape by making quality an attribute across its versatile product offerings. Drummerboy is an example of the firm’s ability to do so, particularly in the fast-growing non-alcoholic beverage category. As IBG makes its way into the U.S. market, leveraging its potential competitive advantages of proprietary technology and vertical integration, the firm hopes to continue to bring to market more distinct and premium beverage offerings for consumers to enjoy. For more information on IBG's recent corporate activities and developments, read about their recent executive appointment and partnership with Sysco (NYSE: SYY), a leader in foodservice distribution. Featured photo by Aleksandar Andreev on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 08, 2024 08:45 AM Eastern Standard Time

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Coinbase Custody To Provide Custodial Services To iTrustCapital For Retail Client Digital Assets

Benzinga

By Kyle Anthony, Benzinga The growth and adoption of cryptocurrencies requires trusted partners capable of safely securing and providing liquidity for these digital assets. Recently, iTrustCapital announced that Coinbase Custody will provide digital asset custodial and liquidity services for its large retail client base within the tax-advantaged crypto IRA sector. Against the backdrop of an uncertain macroeconomic and geopolitical landscape, the decentralized nature of Bitcoin and other cryptocurrencies has risen in appeal. As estimated by KPMG, as of May 2023, decentralized finance represents $47.479 billion of liquidity stored across various blockchains. In the present, with Donald Trump winning the Presidential Election, the anticipation of further China stimulus and the U.S. Federal Reserve further reducing rates, Bitcoin is making new highs. This is an indication that investors are allocating more to the asset class during this globally volatile period. With more investors engaging in multi-asset investing, with cryptocurrencies being a part of their asset allocation, safely securing these assets is paramount. The growth is also evident on the institutional front, as institutional investors are set to increase digital asset allocations in their portfolio to 7% by 2027, as detailed in a recent report commissioned by crypto exchange OKX. Now, iTrustCapital says it is leveraging one of the largest and most respected names in the digital asset arena with its new partnership. In turn, the company says Coinbase Custody’s institutional services could further enhance iTrustCapital’s platform capabilities by offering access to a wide array of digital assets, improved liquidity and secure asset storage, among other crypto services. “Coinbase's reputation for security and user experience perfectly aligns with iTrustCapital's mission to provide the highest levels of safety, security, convenience, and optionality for our clients,” said Kevin Maloney, CEO of iTrustCapital. Founded in 2018, iTrustCapital has worked on differentiating itself from other crypto platforms by focusing on low-cost, secure, tax-advantaged retirement investing while aiming to provide an excellent client experience. In recent years, the iTrustCapital platform has received multiple awards for its service, design and innovation. The company says it now supports over 50,000 client-funded accounts, managing billions in retirement assets, with more than $10 billion in transactions completed to date. Coinbase, founded in 2012, has strived to bring cryptocurrency to the mainstream. With a vision to create an open financial system for the world, Coinbase and its institutional services division has grown into one of the largest and, it says, most trusted companies for digital assets. Featured photo by Traxer on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 08, 2024 08:45 AM Eastern Standard Time

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Grab A Meal At A Lounge With 24/7 Security While Your EV Charges – Getaway Space Plans To Redefine EV Charging

Benzinga

By Josh Enomoto, Benzinga While the future of transportation may well be electric, it’s important to keep in mind that without adequate public infrastructure, the underlying innovation won’t get very far. That’s where the solution provided by Getaway Space – a specialist in the electric-vehicle charging ecosystem – comes into play. Getaway offers a fresh rethink regarding next-generation mobility with a focus on addressing the key pain points dogging broader EV integration. Even better, early bird proponents have a chance to invest in the company through StartEngine. StartEngine enables everyday people to acquire shares in startups and early-stage enterprises. In effect, the platform facilitates a path for non-accredited investors to participate in equity crowdfunding campaigns. Fundamentally, the appeal is that retail investors can secure their stake in a promising company well before an initial public offering (IPO). Given the accelerating growth of EVs, Getaway is positioned in an intriguing industry for many. According to data provided by the International Energy Agency (IEA), nearly one in five vehicles sold last year was electric. Nominally, EV unit sales almost reached the 14 million mark, with 95% of these transactions materializing in China, Europe and the U.S. Subsequently, the total number of registered electric-powered vehicles stood at 40 million worldwide. The growth rate also offers insight into the pace of adoption. In 2022, EVs accounted for 14% of vehicle sales, compared to a mere 2% five years earlier in 2018. To put it simply, consumers globally are voting for electrification with their wallets. However, the transition to EVs has also led to buyer’s remorse for some, with drivers suddenly encountering significant friction that they didn’t envision earlier. But where the EV industry sees headwinds, Getaway sees opportunity. Getaway Space Offers A New EV Lounge Experience A lack of EV charging infrastructure has also been a key experience – and pain point – of the great EV rollout. While more consumers than ever are making the transition to electric mobility, many are also returning to the traditional paradigm. According to a report by McKinsey & Company, 46% of current EV owners in the U.S. plan to switch back to internal-combustion-engine (ICE) vehicles. One of the frustrations tied to EV ownership is satisfaction with public charging availability. While drivers do report that satisfaction ratings have improved slightly, however, the lack of robust progress in this field presents a viable business opportunity for Getaway Space as it seeks to address driver pain points. Although much of the frontline attention is paid to EV sales, retention will likely be the critical metric moving forward. Here, the EV charging infrastructure currently available is largely inadequate to meet rising and evolving consumer demands. Fundamentally, one of the biggest concerns, if not the biggest issue, within the context of EV charging infrastructure is the lack of availability. With availability, it’s not just about the number of charging stations, although that is undoubtedly a key factor. It’s also about the net output or lack thereof. If a charging system is broken or otherwise non-functional to the driver, the solution might as well be non-existent. In fact, The Wall Street Journal reported that approximately 27% of fast chargers in the Los Angeles area were malfunctioning. Another catch-all challenge tied to public infrastructure is inconvenience and safety concerns. The rising popularity of EVs combined with common charging issues can create logjams at popular charging stations. Other facilities may be located in less secure neighborhoods or environments, presenting obvious risks. Finally, not everyone enjoys access to home-charging solutions. According to the Department of Energy, 63% of all housing units in the U.S. have a garage or carport. By logical deduction, that leaves 37% of housing units without such accommodations, yielding a large opportunity gap for Getaway Space to fill. Breaking Down The Getaway Difference Getaway seeks to address the charging infrastructure problem through a targeted focus on numbers and consumer needs. By first targeting Commerce, California – a major transportation hub near Downtown Los Angeles – the company can immediately make a positive impact. From there, management will work to broaden out, making EV integration a more realistic goal. However, that’s just the start. A key distinguishing factor about Getaway Space is that it marries creature comforts with the latest technologies. Even the fastest charging system will take at least 15 minutes to charge a vehicle to 80% capacity, if not longer. Getaway responds to this downtime with its partnership with Urth Caffé. A European-style coffeehouse based in Los Angeles since 1989, Urth offers grab-and-go organic meals along with coffee. Combined with high-speed Wi-Fi, spotless restrooms and 24/7 security, drivers can enjoy their own rejuvenation session before hitting the road. In other words, Getaway will meet consumers where they are, thus reducing the frustrations associated with public charging. With the company’s user-friendly app-based reservation system, customers can even secure their spots in advance. Payments can also be completed through the app, and the company’s stations have dedicated on-site staff to help with any concerns at all, from charging to payment. What’s more, when customers visit a Getaway Space, they will be assured of receiving what they came for: electrons. Engaging ex- Tesla Inc (NASDAQ: TSLA) engineers, the startup firm will ensure that the design and maintenance of the charging systems will feature minimal disruptions. In fact, Getaway aims for near 100% uptime. While an ambitious goal, if achieved, the convenience alone would distinguish the company from its competitors, which include ChargePoint Holdings Inc (NYSE: CHPT) and EVgo Inc (NASDAQ: EVGO). Moreover, Getaway’s 30 DC Fast Chargers on-site, wide amenities and coffeehouse partnership would contrast conspicuously with both ChargePoint’s and EVgo’s limited facility-based services. Getaway is also focused on building key partnerships with a focus on sustainability to help support its growth, and the company counts CleanTech Alliance and Sustain Southern California (Sustain SoCal) as partners, among others. Lastly, Getaway has also attracted institutional interest. Specifically, the company is projected to receive $1 million in non-dilutive funding from a local utility company under a rebate program for DC Fast Charging. Should it be awarded, the company can utilize the fund to cover part of the installation costs of its charging stations without negatively impacting ownership. Powering The Future: A Game-Changing Solution For EV Charging Challenges? Getaway Space could be uniquely positioned to transform the EV charging experience by blending high-quality infrastructure with a customer-first approach. As the demand for EVs continues to rise, the industry faces critical gaps in charging accessibility, reliability and convenience. By partnering with established brands like Urth Caffé, engaging former Tesla engineers to ensure near 100% uptime and incorporating on-site comforts and 24/7 security, Getaway offers a robust solution tailored for EV drivers. Interested early investors have a chance to get in on the ground floor of this opportunity. With the EV industry seeking retention and not just conversion, Getaway potentially stands at an exciting juncture. Interested market participants can visit the company’s crowdfunding campaign on StartEngine. Featured photo by Paul Brennan by Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 08, 2024 08:30 AM Eastern Standard Time

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TRON DAO Unveils TRON-Peg USD Coin: A New Gateway to Borderless Transactions

TRON DAO

Geneva, Switzerland, November 7, 2024 - TRON DAO has officially launched the TRON-Peg USD Coin on the TRON blockchain, an innovative cross-chain solution designed to streamline borderless transactions and broaden TRON’s stablecoin ecosystem. By facilitating seamless and efficient cross-chain transfers, TRON-Peg USD Coin expands the possibilities for users to leverage USDC across the TRON ecosystem. Efficient Cross-Chain Functionality TRON-Peg USD Coin enables seamless USDC transfers between Ethereum and TRON, serving as an essential stablecoin bridge. Qualified users can easily acquire TRON-Peg USD Coin through a streamlined cross-chain process: when USDC-ERC20 is deposited into Ethereum’s bridge contract, the system detects the transaction, mints an equivalent amount of TRON-Peg USD Coin on TRON, and transfers it directly to the user’s TRON address. Similarly, general users wishing to move TRON-Peg USD Coin back to Ethereum can initiate the process through the designated token contract on TRON. Cross-chain transactions between TRON and Ethereum can also be conducted through supported exchanges. Transparent and Secure with Free Cross-Chain Services TRON-Peg USD Coin offers users free cross-chain transaction services. Additionally, its reserve assets are fully transparent in real-time, ensuring that reserves consistently exceed the total supply. This guarantees that users can always redeem their USDC on Ethereum at a 1:1 ratio. Users can verify reserve assets in real-time. Security remains a top priority, with TRON-Peg USD Coin rigorously audited by ChainSecurity, a leading blockchain security company led by security experts from ETH Zurich. The comprehensive 24-page audit reinforces TRON’s commitment to user security and contract integrity. Ioannis Sachinoglou, lead engineer at ChainSecurity, stated: “This Tron-Peg USD Coin bridge audit allowed us to explore TRON’s cross-chain infrastructure in depth. We analyzed the bridge’s mechanisms, as well as the interactions between the TRON and the Ethereum networks. Collaborating closely with the TRON team, we worked to identify and address potential vulnerabilities, ultimately reinforcing the bridge’s robustness and enhancing user trust. We're looking forward to further collaborating with TRON and supporting the security of their ecosystem.” Shaping the Future of Stablecoin Technology With TRON's position as a major player in the stablecoin market, representing over one-third of the entire stablecoin supply, TRON DAO is committed to continuously refining TRON-Peg USD Coin with enhanced security and user-focused value. These enhancements aim to position TRON-Peg USD Coin as a trusted choice for secure, seamless transactions, empowering users worldwide. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of November 2024, it has over 270 million total user accounts on the blockchain, more than 8.8 billion total transactions, and over $16 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network About TRON-Peg USD Coin TRON-Peg USD Coin is a stablecoin bridging tool on the TRON blockchain that is collateralized by USDC on Ethereum. It allows users to seamlessly utilize USDC for different types of transactions within the TRON ecosystem and transfer USDC seamlessly between Ethereum and TRON. https://tronusdc.i o Media Contact Sally Chen pr@tronusdc.io Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

November 08, 2024 01:05 AM Eastern Standard Time

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Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for October 2024

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) has filed a Form 8-K containing its monthly report for the period ended October 31, 2024. An aggregate total distribution of $25.1 million or $0.334576 per trust certificate will be paid on November 12, 2024, to certificateholders of record as of November 8, 2024. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Hilco Global Jessica Cummins - Investor Relations +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

November 07, 2024 04:25 PM Eastern Standard Time

Copper Property CTL Pass Through Trust Files Quarterly Report for the Period Ended September 30, 2024

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) has filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024. As previously announced, the Trust will host a live conference call to discuss its recently filed financial and operating results. Conference Call Details: DATE: Tuesday, November 12, 2024 TIME: 11:00 am CDT | 12:00 pm EDT DIAL-IN: U.S. & Canada Toll Free: (877) 841-2983 or International (215) 268-9893 WEBCAST: www.ctltrust.net via the Investor Relations Section or click here to access REPLAY (Available for 30 days): U.S. & Canada Toll Free: (877) 660-6853 / International: (201) 612-7415 Conference ID#: 13750090 Telephone Replays will be made available approximately 3 hours after the conference end time. Participants will be required to state their name and company upon accessing the replay. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Hilco Global Jessica Cummins - Investor Relations +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

November 07, 2024 04:18 PM Eastern Standard Time

I-ON Digital Corp Announces Strategic Asset Revaluation and Expansion Initiatives

I-ON Digital Corp.

I-ON Digital Corp ("I-ON" or the "Company"), a leader in real world asset (RWA) digitization and tokenization solutions, announced several strategic initiatives as part of its preparation for an up listing to a new exchange. These initiatives include revaluing its digital asset portfolio, expanding its acquisition of in-situ and unrefined gold reserve claims and enhancing its digital asset platform-as-a-service (PaaS) offerings for medium-sized and regional banks. Revaluation of I-ON's Digital Asset Portfolio In line with the Company's commitment to transparency and market-based asset valuation, I-ON is undertaking a thorough revaluation of its digital asset holdings, including its ION.au gold-backed digital securities. This revaluation will reflect the price realization against the current market value and reflect the future growth potential of these assets, providing a solid foundation for the company's financial standing as it prepares for the up-listing. Accelerated Acquisition of Gold Claims I-ON is intensifying its efforts to digitize and tokenize in-situ gold claims and unrefined gold reserves. By increasing the velocity of these initiatives, the Company aims to expand its asset base and offer innovative investment opportunities through the use of pledged and hypothecated gold-backed securities. This initiative not only enhances the Company's portfolio, but also offers stakeholders secure and efficient access to further appreciation and returns through the institutional deployment of the Company's ION.au digital assets. Expansion of Digital Asset Services As part of its growth strategy, I-ON is expanding its digital asset services to cater to medium-sized and regional banks throughout the United States, providing them with a complete suite of digital asset management tools, robust KYC and AML onboarding, and enhanced AI-assisted digital asset management. This expansion will allow partnering with financial institutions to leverage I-ON's cutting-edge technologies and expertise in digital asset management and security. I-ON delivers secure, compliant, and scalable solutions to empower banks with efficient digital buy, sell, trade, and hypothecation services. About I-ON Digital Corp I-ON Digital Corp is a leading innovator in gold, precious metals, and RWA (real-world asset) digitization, tokenization and digital banking solutions. Our services are engineered to provide a secure, fast, transparent, and institutional-grade ecosystem that digitizes documentary evidence of gold reserve ownership into secure, asset-backed digital securities. This process brings liquidity and accepted value to a wide array of asset classes. Additional information is available at https://iondigitalcorp.com/. Forward-Looking Statements Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements associated with the expected ability of the Company to undertake certain activities and accomplish certain goals and objectives. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “believes,” “anticipates,” “plans,” “expects,” “intends,” “will,” “goal,” “potential” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon the Company’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks associated with the process of developing and commercializing its products. These and other risks concerning the Company and its financial position are described in additional detail in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Contact Details I-ON Digital Corp Investor Relations +1 866-440-2278 investorrelations@iondigitalcorp.com Company Website https://iondigitalcorp.com

November 07, 2024 04:15 PM Eastern Standard Time

Minority Developers Secure Nearly $9M in Funding for Sycamore Grove Project in Historic Petersburg, Virginia

Cober Johnson and Romney

The Virginia Development Consortium (VDC), in collaboration with the Mayor of Petersburg, Sam Parham, and Virginia Governor Glenn Youngkin, celebrated the groundbreaking of Sycamore Grove, a transformative mixed-use development in historic Petersburg, Virginia. The city and state have approved nearly $9 million in funding for VDC, marking a significant milestone in the revitalization of one of the nation’s oldest cities. Sycamore Grove will feature a new grocery store, 174 townhomes developed by NVR/Ryan Homes and A&L Home Builders, a minority-owned business, and retail establishments including Bonfire Wings, a Houston-based business, and Loving Hands Childcare, a minority-owned business from Kansas. This development is a direct response to the community’s vision to rejuvenate Petersburg, a predominantly African American city currently ranked the lowest in the Commonwealth of Virginia for health disparities and classified as a food desert. At the groundbreaking on October 30, Governor Youngkin emphasized the importance of this project, stating, “Petersburg matters.” Mayor Parham expressed his enthusiasm for welcoming businesses like Bonfire Wings to the city. The development team is led by Harold Johnson and Nicole Cober, a husband-and-wife duo who have been in business together with Cober Johnson and Romney, a DC-based firm, since 2015. They are renowned for their work on mixed-use projects in emerging communities, such as the $600 million Towne Square at Suitland Federal Center in Maryland. Johnson highlighted their mission, saying, “With public-private partnerships, we don’t just create buildings; we develop blocks that exponentially expand economic growth.” As the next step for Sycamore Grove, the city will convey the property and funding to Virginia Commonwealth University (VCU) to begin construction of the grocery store. Nicole Cober expressed her optimism, stating, “It’s a new day of hope for the people of Petersburg. I’m stopped all the time by people from Petersburg, thanking us for doing what it takes for this project. We want people to be excited and welcome them back to one of the nation’s first cities!” Contact Details BDC Strategy Group Sherelyn Weber media@bdaviscomm.com Company Website https://cjrbuilds.com/

November 07, 2024 03:11 PM Eastern Standard Time

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