Day: March 28, 2023

Logo Luiss university rome

Logo Luiss University Rome

Luiss joins the elite of the world’s top 15 universities in Politics and International Studies in the prestigious QS World University Rankings by Subject 2023, which rewards the best institutions of higher education for individual subject areas.

The University named after Guido Carli continues its ascent in this ranking, reaching the top 50 positions in the world for the “Business and Management” and “Law” areas, where it ranks 46th (2nd in Italy) and 47th respectively, climbing more than 30 positions in one year.

The growing investments in research and teaching and the process of internationalization have strengthened Luiss’ status around the world. Since its first time in this prestigious ranking in 2016, Luiss has risen by over 300 positions. The QS ranking is based on indicators related to academic reputation and the reputation of its alumni as assessed by major employers.

Rector Andrea Prencipe

Luiss Rector Andrea Prencipe

“It is a great pleasure to witness the continuous rise of Luiss towards the very top of the influential QS International Ranking. A result that further confirms the acceleration of our University in the development and consolidation of the projects behind our strategic plan, aimed at shaping cosmopolitan, responsible and aware leaders,” said Luiss Rector Andrea Prencipe, adding: “The elements that have enabled Luiss to be increasingly recognized as a university of international prestige include an internationally renowned Faculty comprised of senior and junior researchers, an innovative educational model that aims to motivate students with new methods of learning, and virtuous connections with the world of businesses, professions and public administration“.

The University’s internationalization process continues to power forward through agreements with more than 315 partner universities in 64 countries, including 58 agreements between double degrees and structured partnerships, with more than 50% of courses taught in English and a 93% increase in the enrolment of Luiss students with foreign citizenship over the past three years.

With this unique achievement, Luiss crowns its internationalization process and encourages registration for the Master’s degree admission test, which will remain available until Monday, April 3^rd.

Attachments

• Rector Andrea Prencipe
• Logo Luiss university rome

GlobeNewswire Distribution ID 1000800599

Procap Insurance Banner

Procap Insurance Banner

NEW YORK, March 28, 2023 (GLOBE NEWSWIRE) — Under current market conditions, consumers have a strong desire to preserve and/or increase the value of their assets. Multiple crises such as the pandemic, persistent inflation, and turbulent geopolitics has brought about insurmountable levels of risk. How can risk be managed while pursuing capital gains? At the moment, ProCap Insurance has the effective solution: asset insurance!

Assets insurance insures the underlying fixed and current assets of enterprises and/or individuals. In the event of accidental losses, the insurance company will provide compensation to the policy holder. Investors can invest with peace of mind as ProCap will bear the risk for customers. ProCap Insurance is a company that is specialised in the asset insurance business. Its product offerings insure real estate, stocks, deposits, bonds, gold, foreign exchange and other assets.

In addition to providing traditional life insurance policies, ProCap Insurance has launched an innovative life insurance policy where the insured amount grows annually to meet our clients’ perpetual need for long-term protection and wealth accumulation. This insurance policy not only provides long-term coverage on the original insured amount, but at the same time increases that amount by a certain percentage year by year to fulfil the constant desire to beat inflation while growing wealth. This plan is designed to ensure that the long-term financial stability of customers will be better protected while reducing the financial pressures on the family especially in times of uncertainty and a high interest rate environment.

Since its launch, ProCap’s asset insurance products have been eagerly sought after in the market and by customers. The company has stated that it intends to continue improving its product offerings and service quality, ensuring customers continue to be provided with accessible and affordable asset insurance solutions.

In order to endorse and share the benefits of asset insurance, the company held an event with the theme of “Investing with a Peace of Mind, Our Commitment” in Hoi An, Vietnam from February 15th 2023 to 18th February 2023. During the seminar, ProCap introduced the features and advantages of its asset insurance products to partners and business leaders, enabling attendees to appreciate how asset insurance would serve their needs. Additionally, the company provided complimentary on-site consulting and payout analysis services to empower attendees to achieve better financial planning and financial freedom.

During the event, the experienced and passionate team from ProCap provided comprehensive asset insurance knowledge to the participating partners. They introduced the company’s asset insurance products in detail and helped partners understand how ProCap’s products are a safer and alternate form of investment.

The seminar not only provided partners with an opportunity to learn about asset insurance products, it also gave participants the opportunity to engage in face-to-face communication with ProCap’s professional team members to understand in-depth the details and advantages of the products while obtaining advice on the particular products to buy.

It was a complete success, as the event attracted more than 100 partners from Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, South Korea, Taiwan, Thailand, Vietnam and other economies. According to statistics collected during the event, these partners fully understood and were satisfied by the products offered by ProCap; they had confidence in purchasing the company’s products.

ProCap is pleased to host such a successful event in Hoi An, Vietnam. At the same time, the company hopes that through similar events, more consumers will realise the importance and necessity of asset insurance while being able to enjoy the high-quality services provided by the company. ProCap’s management team believes that in the next few years, it will become the most popular and trusted asset insurance company in Asia and even the world!

Consequently, the seminars of ProCap Insurance not only provided partners with an avenue to understand asset insurance, at the same time it brought new vitality to the tourism industry in Hoi An. Hoi An is a city with a long history, beautiful scenery and diverse cultures, which is unsurprisingly listed as a world cultural heritage site by UNESCO. Here, customers could utilise the professional services of ProCap while appreciating the beautiful scenery and unique culture of Hoi An, Vietnam.

If you would like to become a client of ProCap Insurance and reap the benefits of asset insurance, please visit our company’s official website https://www.procap.insure for more information. ProCap looks forward to working with you to make your investments more secure.

Media Relationships Manager
Steve Hughes
Steve.hughes@procap.insure

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/df64c7ea-8ef0-44a0-9368-3d6f3c8b3f23

GlobeNewswire Distribution ID 8796672

KUALA LUMPUR, Malaysia, March 28, 2023 (GLOBE NEWSWIRE) — CBL International Limited (NASDAQ: BANL), together with its wholly owned subsidiaries (“CBL International” or the “Company”), is an established marine fuel logistic company currently focusing on the Asia Pacific region, providing one-stop solutions for vessel refueling. CBL International today announced the closing on March 27, 2023 of its initial public offering (“Offering”) of 3,325,000 ordinary shares (the “Shares”) at a public offering price of $4.0 per Share.

The underwriters exercised their over-allotment option in part for an additional 425,000 Shares on March 23, 2023 (“Over-allotment Option”). The Over-allotment Option was closed with the Offering. As a result, the aggregate gross proceeds of the Offering, including the over-allotment, is $15 million, before deducting underwriting discounts and other related expenses. The Shares began trading on the Nasdaq Capital Market on March 23, 2023 under the ticker symbol “BANL.”

Proceeds from the Offering will be used for (i) enlarging the number of local suppliers to enhance its competitiveness as well as to increase the service options available in the Singapore and South Korea markets; (ii) further increasing the Company’s business market shares in existing markets; (iii) cash collateral to conduct trade financing activities with financial institutions, thus creating transaction records for further acquisition of bank financing to facilitate the Company’s business growth; (iv) procuring and developing a centralized management information system in order to enhance the Company’s daily management control and treasury management; and (v) other working capital and general corporate purposes.

Pacific Century Securities, LLC acted as lead book-running manager of the Offering, and Spartan Capital Securities LLC acted as co-manager. Loeb & Loeb LLP acted as counsel to the Company, and The Crone Law Group, P.C. acted as counsel to Pacific Century Securities, LLC in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the Securities and Exchange Commission (“SEC”) (File Number: 333-267077) and was declared effective by the SEC on March 22, 2023. The Offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from Pacific Century Securities, LLC, 60-20 Woodside Avenue, Suite 211, Queens, New York 11377 or by email at yao@pcsecurities.us. In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov. Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation, or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About CBL International Limited

CBL International is a bunkering facilitator in the bunkering industry, headquartered in Malaysia. We focus on providing marine fuel according to the required international standards with competitive prices and timely delivery services at ports agreed between our customers and us. Over the years, with our experienced management team, we have established an extensive supply network to provide our customers with more options and flexibility in fulfilling their vessel refueling requirements. Our supply network, which focuses on expanding our localities of services, covers ports in many places in the Asia Pacific, including but not limited to South Korea, PRC, Taiwan, Hong Kong, Malaysia, Singapore, Philippines, and Thailand. Going forward, we intend to allocate more resources to further expand our supply network, targeting continual market share enhancement.

Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

For more information, please contact:

Pacific Century Securities LLC

Yao Zhang

Email: yao@pcsecurities.us

CBL International Limited

Email: investors@banle-intl.com

GlobeNewswire Distribution ID 8796659

INSIDE INFORMATION
REGULATED INFORMATION

Nyxoah Raises $3 Million from an At-the-Market Equity Offering 

Mont-Saint-Guibert, Belgium – March 27, 2023, 10:05pm CET / 4:05pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that the Company raised $2.8 million in gross proceeds pursuant to the Company’s $50 million at-the-market (“ATM”) program established on December 22, 2022 at an issue price equal to the market price on the Nasdaq Global Market at the time of the sale. The shares were purchased by historical Nyxoah shareholder Cochlear Limited, and the proceeds will be used for general corporate purposes.

The ordinary shares described above were sold pursuant to the Company’s shelf registration statement on Form F-3 (File No. 333-268955), previously filed with the Securities and Exchange Commission (“SEC”) on December 22, 2022, which became effective on January 6, 2023, and a prospectus supplement dated January 6, 2023 and the accompanying prospectus the Company filed with the SEC in connection with the offer and sale of the Company’s common stock pursuant to the Controlled Equity Offering^SM Sales Agreement, dated as of December 22, 2022 with Cantor Fizgerald & Co., as sales agent (prospectus@cantor.com).

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio® system received its European CE Mark in 2019. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study for FDA and U.S. commercialization approval.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

FORWARD-LOOKING STATEMENTS

Certain statements, beliefs and opinions in this press release are forward-looking, which reflect the Company’s or, as appropriate, the Company directors’ or managements’ current expectations regarding the Genio® system; planned and ongoing clinical studies of the Genio® system; the potential advantages of the Genio® system; Nyxoah’s goals with respect to the development, regulatory pathway and potential use of the Genio® system; the utility of clinical data in potentially obtaining FDA approval of the Genio® system; and the Company’s results of operations, financial condition, liquidity, performance, prospects, growth and strategies. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. Additionally, these risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the “Risk Factors” section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2022, filed with the Securities and Exchange Commission (“SEC”) on March 22, 2023, and subsequent reports that the Company files with the SEC. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward-looking statements. As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based, except if specifically required to do so by law or regulation. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person’s officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Contacts:
Nyxoah
David DeMartino, Chief Strategy Officer
david.demartino@nyxoah.com
+1 310 310 1313

Attachment

• ENGLISH_ATM_FINAL

GlobeNewswire Distribution ID 1000800476