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Eastern Bank Welcomes Curate Partners As An Asset Based Lending Customer
December 14, 2020 GMT
BOSTON (BUSINESS WIRE) Dec 14, 2020
Eastern Bank is pleased to announce Curate Partners LLC and its subsidiaries Curate Partners LLC, II and Curate Insights, LLC as new asset based lending customers in its Commercial Banking Division. Founded in 2014, Curate Partners is a specialized recruitment and consulting agency helping organizations achieve digital transformation. Eastern is providing an asset based lending (ABL) line of credit to meet Curate’s working capital and general corporate financing needs.
World s First Truly Global, Real-Time Maritime Emergency Service Launched by Iridium
The Global Maritime Distress and Safety System (GMDSS) now covers 100% of the globe with real-time satellite connectivity for the first time
MCLEAN, Va., Dec. 15, 2020 /PRNewswire/ Iridium Communications Inc. (NASDAQ: IRDM) today announced a historic achievement with the launch of the Iridium Global Maritime Distress and Safety System (GMDSS) service. The system commenced operation on Friday, December 11
th and with it, for the first time in history, Iridium has given seafarers a real-time emergency response and rescue service that works everywhere in the world. No other maritime emergency response system matches the coverage and real-time communications capability of the Iridium GMDSS service. The announcement came during a virtual press conference held featuring Iridium leadership, industry officials and experts.
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On 1 December 2020, The Nasdaq Stock Market (Nasdaq) filed a proposal with the Securities and Exchange Commission (SEC) to adopt listing rules related to director diversity and disclosure. The proposed rules would not mandate the election of any “diverse” directors, but instead would reflect a “comply or explain” approach: listed companies generally would be required to either have two diverse directors or explain why they do not. In addition, listed companies would be required to annually disclose statistical information on the diversity of their boards of directors.
Companies already listed on Nasdaq would be required to comply with the new requirements by:
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EMERYVILLE, Calif., Dec. 15, 2020 (GLOBE NEWSWIRE) 4D Molecular Therapeutics, Inc. (4DMT), a clinical-stage gene therapy company harnessing the power of directed evolution for targeted gene therapies, announced today the closing of its initial public offering of 9,660,000 shares of its common stock, including 1,260,000 shares sold pursuant to the full exercise of the underwriters’ option to purchase additional shares, at a price of $23.00 per share. The aggregate gross proceeds of the offering were approximately $222 million, before deducting underwriting discounts and commissions and other offering expenses. The shares began trading on the Nasdaq Global Select Market on December 11, 2020 under the ticker symbol “FDMT.”