October 2022 Archives

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TORONTO–(BUSINESS WIRE)–General Assembly Holdings Limited (the “Company” or “GA Pizza”) (TSXV: GA), a premium pizza omnichannel consumer packaged goods brand, reports that the TSX Venture Exchange (the “TSX-V”) has accepted the Company’s loans in the aggregate principal amount of $2,000,000 granted by Timothy Nye and Keleher Investments Corp. (collectively, the “Lenders”) and previously announced on August 29, 2022 and September 14, 2022 (the “New Loans”). The New Loans mature on August 26, 2023 and bear simple interest at the rate of 18% per annum. On September 26, 2022, the Company issued, as loan bonuses, an aggregate of 1,739,130 common shares of the Company to the Lenders at a deemed price per share of $0.23.

The TSX-V has also accepted amendments to two prior loans granted by Mr. Nye to the Company, each in the principal amount of $1,000,000, and previously announced by the Company on November 5, 2021 and December 31, 2021 (collectively, the “Prior Nye Loans”). The maturity dates of the Prior Nye Loans have each been amended from May 5, 2025 and June 30, 2025 to August 26, 2023. The Company has cancelled the 2,578,153 common share purchase warrants originally issued to Mr. Nye in connection with the Prior Nye Loans and has reissued 2,578,153 common share purchase warrants to Mr. Nye exercisable for that same number of common shares of the Company at an exercise price of $0.23 per common share until August 26, 2023.

About General Assembly Holdings Limited

GA Pizza began its life as a fast-casual pizza restaurant in the heart of Toronto. Nearly four years later, we also offer a freezer-to-table consumer packaged goods line and a revolutionary direct-to-consumer eCommerce experience—not to mention a pizza box with more than one pizza in it. Our ambition? Make delicious pizzas available to everyone, everywhere. We’re always working to take pizza to new heights—from showing the world that better pizza is possible, to finding new spaces and places to deliver unrivaled pizza experiences. Find us in your freezer or visit gapizza.com for more information.

ON BEHALF OF THE BOARD OF DIRECTORS
Ted Hastings
Director

Forward Looking Statements

Investors are cautioned that, except as disclosed in the disclosure document, any information released or received with respect to the Company may not be accurate or complete and should not be relied upon. Trading in securities of the Company should be considered highly speculative.

This press release contains statements which constitute “forward-looking information” or “forward-looking statements” (together “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflects the Company’s management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined company. Among key factors and risks that could cause actual results to differ materially from those projected in the forward-looking information may include, without limitation, the financial situation of the Company; pre-existing debt of the Company; the Company’s limited operating history; global economic risk; COVID-19’s impact on the Company; the general economic environment; cybersecurity risks; financial projections may prove materially inaccurate or incorrect; the Company may experience difficulties to forecast sales; general competition in the industry from other companies; management of growth-related risks; reliance on management; risks relating to insurance; changes in food and supply costs could adversely affect profitability and ultimately our results of operations; our business could be adversely affected by increased labour costs or difficulties in finding suitable employees; changes in customer tastes and preferences, spending patterns and demographic trends could cause sales to decline; changes in nutrition and food regulation; failure to establish our master production facility; failure to expand production capacity; disruption at our facilities; government regulation of the food industry creating risks and challenges; risk associated with food safety and consumer health; changes in internet and social media search algorithms; risks associated with leasing commercial and retail space; third party reliance for shipping and payment processing; environmental laws; we may not persuade customers of the benefits of paying our prices for higher-quality food; our marketing and advertising strategies may not be successful, which could adversely impact our business; requirements for further financing; the Company may prioritize customer growth and engagement and the customer experience over short-term financial results. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

Eric Balshin, Chief Executive Officer, 647-892-8784, eric.balshin@gapizza.com

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SAN FRANCISCO–(BUSINESS WIRE)–Vagaro, the leading comprehensive business management platform for the beauty, fitness, and wellness industries, celebrated a successful close to the company’s inaugural conference, iconic.22, in San Francisco on Monday.

Over 400 guests registered for the event, headlined by celebrity speakers Venus Williams and Tabatha Coffey.

The two-day conference allowed small business owners to network, learn business growth strategies from industry leaders, and hear directly from Vagaro CEO Fred Helou.

Contributions from key sponsors were vital to the event’s success.

VP of Marketing, Charity Hudnall said, “Our sponsors are a huge part of the Vagaro family. Together, we are always looking for ways to innovate and create opportunities for the businesses we serve.

“I am so grateful that our sponsors were there to help make our very first conference a memorable one. Thanks to them, we created an inspirational event in an inclusive environment, making every attendee feel special.”

iconic.22 sponsors included: American Express, a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success.

Chase for Business, which offers various business banking solutions including loans, credit cards, and lines of credit.

Certegy, a leading provider of payment & risk management technology for retailers and financial institutions across North America. Backed by more than 60 years of experience in payments, Certegy incorporates AI, machine learning and other innovations into its platform to securely serve today’s growing digital payment demand.

Liberis, a leading global embedded finance platform with a mission to provide small businesses with accessible and responsible finance, based on the belief that funding should always be a positive force for small businesses. Liberis provides partners with the technology platform and financial solutions to offer hyper-personalized and accessible funding, empowering their small business customers to grow their revenues.

Gusto, a modern, online people platform that helps businesses take care of their teams. In addition to full-service payroll, Gusto offers health insurance, 401(k)s, expert HR, employee self-onboarding, and team management tools. The company serves over 200,000 businesses in the United States and has offices in Denver, New York City, and San Francisco.

Thrivo, which empowers salons with omnichannel capabilities through technology that seals customized salon hair color, to serve the entire hair color market sustainably.

SalonEVO, a leading industry magazine for hair, nail and beauty professionals in UK, Ireland, and North America.

iconic.23 sponsorship opportunities available soon.

Contacts

press@vagaro.com

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Cigna, Unisys and HCLTech recognized as trailblazers in utilizing DEX technology to amplify the future of work

LONDON–(BUSINESS WIRE)–1E, a leader in Digital Employee Experience (DEX), today announced the winners of its DEX Awards. These awards mark the first program to honor companies, individual contributors and teams making strides in the emerging DEX industry. The winners in each category: Best Flexible Working Initiative, Best DEX Team of the Year, and Best Overall Digital Employee Experience, recognize the impact of DEX on their workforce and are being honored for their excellence and innovation in the space.

“We’re excited to lead the charge and honor the DEX achievements and industry advancements through our first annual DEX Awards,” said Mark Banfield, CEO of 1E. “Companies that embrace DEX platforms get a competitive advantage within the industry and better bridge the gap between IT friction and world-class experience. These awards and honoring trailblazers in the field is just the beginning for progressing this evolving sector.”

After much deliberation, the panel of judges––DEX experts––have announced the winners and those shortlisted in two categories. Winners in each category include:

  • Best Flexible Working Solution Winner: HCLTech. Many organizations were unable to quickly transition and adapt to remote working. Through the work from HCLTech, companies were able to deliver empathy-based offerings to protect critical business assets, safeguard workflows and accelerate digital transformation.
  • Best DEX Team of the Year Award Winner: Cigna. Through Cigna’s work, company leadership put a greater emphasis on DEX, created an experience-first culture, and found a way for teams to be involved at the beginning of projects vs. at the end.
  • Best Digital Employee Experience Winner: Unisys. The company created simple, consistent, personalized and inclusive experiences for employees to thrive in a hybrid world, including building a digital workplace team focused on DEX. Through its digital workplace solutions, Unisys has enabled companies to be more productive, get the help they need to complete tasks and work efficiently across distributed teams.

“We are honored to be recognized in the Best Digital Employee Experience category for 1E’s inaugural DEX Awards,” said Leon Gilbert, senior vice president and general manager of digital workplace solutions at Unisys. “The hybrid work revolution has transformed nearly every aspect of the workplace and we recognize the importance of creating a strong digital employee experience through technology. We strongly value our partnership with 1E and look forward to continuing to enhance the workplace together and help organizations be more successful by reducing costs and improving end-user productivity.”

Due to the high quality of the entries we received this year, we’d also recognize the runners-up in two categories: Best Digital Employee Experience, HCLTech, and Best Flexible Working Initiative, Sanofi.

“Sanofi is well-known as an employee-centric organization, and flexible hybrid working plays an important role in employee satisfaction. With the advent of DEX tools, we’ve been able to proactively monitor devices and achieve performance improvements. DEX features, like experience analytics, employee sentiment, endpoint automation, and troubleshooting play a crucial role in the future of our organization,” said a representative from Sanofi. “Sanofi is delighted to be awarded as runner-up for the Best Flexible Working Initiative award category.”

Thank you to all our entrants, we look forward to seeing you again next year. To read more about the winners and the DEX Awards visit our website and blog page.

About 1E
More than 500 organizations in 42 countries trust 1E to help them create a better Digital Employee Experience (DEX). The 1E Platform provides real-time diagnosis, remediation, and automation to proactively fix issues before they ruin the workday. Reduce costs, move faster, and increase employee happiness with 1E. For more information, visit 1E.com.

Contacts

Cara DiFabio, Inkhouse for 1E
1E@inkhouse.com

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Fintech company ranks in top 100 Best Places to Work in New York City for 2022

NEW YORK–(BUSINESS WIRE)–Capitolis, the technology company reimagining financial markets, headquartered in New York City, announced today its inclusion in the Crain’s New York Business ranking of the 100 Best Places to Work in New York City for 2022.

Crain’s partnered with Best Companies Group, an independent research company, to gather the inputs and provide the final rankings. The rankings are based on an employee engagement and satisfaction survey (75% of the rating) and an employer questionnaire on benefits and policies (25% of rating).

“We are honored to be ranked on Crain’s Best Places to Work in New York City,” said Gil Mandelzis, CEO & Founder, Capitolis. “This honor is a true testament to our employees that are helping build and operate a company that is good for financial markets and good for our communities, working with purpose and intention in everything we do. I am extremely proud of our team’s accomplishments and dedication as we continue to grow.”

The employee survey explores engagement satisfaction as it relates to leadership, corporate culture, work environment, training, development, pay, benefits, and employee experience, among other factors. This is the 15th year of the study, which considers a wide array of industries throughout the New York area.

“Our people share a common set of core attributes – being Super Smart, Badass, Good Humans. This recognition as a Best Place to Work in New York City is due to our team’s commitment to putting our Company Values and People Attributes into practice every day,” said Jen Vanderwall, Chief People and Culture Officer, Capitolis. “Capitolis is all about leading with purpose while creating exceptional value, and we are proud to be an employer of choice in New York City.”

Capitolis team members play tough, with heart, and are both obsessed with the future and fanatical about executing today. For more information on Capitolis’ Company Values, please visit https://capitolis.com/capitolis-company-values/.

Interested in joining the team? Visit the Careers page at https://capitolis.com/careers/.

ABOUT CAPITOLIS

We believe the financial markets can and should work for everyone. Capitolis is the technology company reimagining how capital markets operate by unlocking capital constraints and enabling greater access to more diversified capital and investment opportunities.

Rooted in advanced technology and deep financial expertise, Capitolis powers groundbreaking financial solutions that drive growth for global and regional banks – and institutional investors alike. Capitolis is backed by world class venture capital firms, including Canapi Ventures, 9Yards Capital, SVB Capital, Andreessen Horowitz (a16z), Index Ventures, Sequoia Capital, Spark Capital, and S Capital, as well as leading global banks such as J.P. Morgan, Citi and State Street.

Founded in 2017, our team brings decades of experience in launching successful startups, technology and financial services and is growing rapidly from our offices in New York, London and Tel Aviv. For more information, please visit our website at www.capitolis.com or follow us on LinkedIn.

Contacts

Edward Ruddy
Sloane & Company
eruddy@sloanepr.com

Brian Zilberfarb
Capitolis
brianz@capitolis.com

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OMAHA, Neb.–(BUSINESS WIRE)–#DevOpsAgilityHealth®, the leading enterprise SaaS platform for measuring and accelerating Business Agility, announces the addition of Srikanth Victory to its executive team as CTO. As Chief Technology Officer, Srikanth will lead technology strategy and execution while operating the company’s platform and products. Srikanth is an industry thought leader, whose robust experience in leading large technology transformations, will strengthen AgilityHealth’s competitive advantage in Digital Transformation, Scalability, and Data Analytics. He will build and scale the company’s SaaS platform and take it to the next level of maturity–enabling the company to lead the market in enterprise Business Agility solutions.


Previously Srikanth was System Vice President at CommonSpirit Health for Digital Products Implementation, where he led the implementation of digital health initiatives. He played a vital role in supporting divisional business units through the implementation of digital products, developing roadmaps, technology builds, and change enablement–which led to accelerating deployment, user adoption, and scalability of digital and other capabilities.

In his previous roles, he delivered significant business outcomes with his expertise in software engineering, design, data, AI and analytics in retail (Walmart and Neiman Marcus) and consumer packaged goods (Kimberly Clark). His cross-industry experience in healthcare, retail, consumer, manufacturing, and e-commerce positions him for success in transforming and scaling the AgilityHealth platform.

Mr. Victory added, “At first glance at AgilityHealth, I immediately felt a sense of awe, and I believe it could become an indispensable platform for every organization trying to build highly productive Agile teams. With my experience in multiple industries, I see how it will fit into any market, industry, or domain. There has been tremendous growth in the product resulting in measurable business outcomes, accelerated Business Agility, and increased efficiency. For companies to avoid disruption, they will need to deliver at speed, be customer-centric and adopt new ways of working at scale. AgilityHealth is the platform that can enable that.”

Victory went on to say, “One of my favorite parts of this product is how it assesses the pulse of an organization by analyzing its performance in team health and maturity, team culture, agile talent and HR, DevOps practices, SAFe® (Scaled Agile® Framework), etc.”

CEO, Sally Elatta shared, “From the first meeting with Srikanth I knew I was speaking to a thought leader, he understood what AgilityHealth does and started to immediately vision what it can do, it was inspirational and I’m really happy he’s part of the team that gets to make that vision a reality.”

Srikanth is passionate about fostering human-centered digital and data-driven approaches through cultural change and is reshaping enterprise digital, technology, architecture, and software capabilities. Srikanth has two master’s degrees: one in Business Administration from Webster University, and another in Mathematics from the University of Madras (India).

About AgilityHealth®

AgilityHealth is the leading enterprise SaaS platform for measuring and accelerating Business Agility. The platform enables organizations to assess and mature their Agile teams, DevOps, Product, Portfolio, HR & Talent Agility across hundreds of technology and business teams using a combination of qualitative (maturity), quantitative (performance) and outcomes (OKR) metrics. It has the largest benchmark of enterprise agility data in the world and publishes research reports on agility industry trends.

Contacts

Sally Elatta
sally@agilityhealthradar.com
(402) 858-0529

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LOS ANGELES–(BUSINESS WIRE)–#fashion–Tanya Brinich, Senior Director, Resale-as-a-Service (RaaS) Client Success for thredUP is the featured guest this week on the Impact Podcast with John Shegerian. The show is hosted by Shegerian, Co-Founder and Executive Chairman of ERI, the nation’s leading fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company.

At thredUP, one of the largest online resale platforms that makes it easy to buy and sell secondhand, Brinich is responsible for building and growing scalable resale experiences for thredUP’s RaaS brand partners – from Clean Out loyalty programs to white-label resale shops.

“It was an honor and privilege to have Tanya on the show,” said Shegerian. “The thredUP concept is an innovative, user-friendly way to reduce clothing waste and I know our listeners will be excited to learn more about it from Tanya, a genuinely seasoned ecommerce strategy and client success leader focused on sustainability and new business models that create win-win scenarios for consumers, brands and the planet.”

“Secondhand apparel has so many benefits from a sustainability perspective,” said Brinich, “and I loved having the opportunity to speak with John on this topic.”

Impact Podcast guests are invited as thought leaders to share with listeners first-hand accounts of how they are able to help make the world a better place on a daily basis.

Recent guests have included leaders from Verizon, Best Buy, Samsung, General Motors, Ford, Unilever, Procter & Gamble, Johnson & Johnson, JetBlue, Comerica Bank, Goodyear Tire, Virgin, Dell, GE, IBM, Qualcomm, Nestlé, Texas Instruments, Adobe, Gap Inc., Kimberly-Clark, Timberland, UPS, Hertz, The Hershey Company, FedEx, Intel, NVIDIA, T. Rowe Price, New York City, Beyond Meat, Panasonic, EPAM, Molson Coors, Seventh Generation, the NBA, the US Tennis Association, FICO, Waste Management, and a number of fascinating game-changers, including Martin Luther King III; best-selling author Ryan Holiday; Homeboy Industries founder Father Gregory Boyle; real estate powerhouse and television personality Ryan Serhant; writer/comedian/author Jeannie Gaffigan; ultra-endurance athlete Rich Roll; and hundreds more.

The Impact Podcast with John Shegerian is available for listening on ImpactPodcast.com, Apple’s iTunes, Amazon Music, Google Podcasts, Spotify, libsyn, and as part of iHeartRadio’s digital broadcast, reaching over 120 million users.

For more information, visit ImpactPodcast.com

Contacts

Paul Williams, 310/569-0023, paul.williams@eridirect.com.

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