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Funding fuels production ramp-up at U.S.-based facility, bringing advanced lead detection and smart home technology to market SCOTTSDALE, Ariz. , Dec. 10, 2024 /PRNewswire/ -- Notation Labs Inc. announced today the successful completion of a $2 million credit facility to scale up production of its innovative QwelTM smart home device. This funding provides the company with the financial flexibility and liquidity needed to expand manufacturing capacity and meet increasing customer demand as it prepares for market launch. The company has already initiated component procurement and manufacturing, including the order of 20,000 circuit boards from U.S.-based suppliers. Final assembly of the initial Qwel units will take place at the company's facility in Phoenix, Arizona . What Is Qwel TM ? QwelTM is a cutting-edge leak detection and prevention system designed to safeguard homes with advanced AI and machine learning technology. Its highly accurate sensors monitor critical factors like water pressure, temperature, flow rate and humidity to provide comprehensive protection. For more information about QwelTM or to stay updated on its release, visit https://www.qwel.io/ . About Notation Labs, Inc.: Notation Labs designs, engineers, and manufactures innovative smart water solutions to deliver high-quality products that empower homeowners. With a suite of advanced technologies, the company helps educate consumers on water conservation and equips them to make sustainable choices in their everyday lives. Driven by a mission to protect water resources for future generations, Notation Labs is at the forefront of water conservation efforts, leveraging breakthroughs in AI, machine learning, and Internet of Things (IoT) technology. The company is committed to making cutting-edge, water-saving devices that are not only highly effective but also affordable and accessible to households worldwide. By combining engineering excellence with a focus on sustainability, Notation Labs is redefining how consumers manage and conserve water. View original content: https://www.prnewswire.com/news-releases/notation-labs-secures-2-million-credit-facility-to-accelerate-production-of-qwel-a-cutting-edge-lead-detection-and-prevention-system-302328185.html SOURCE Notation Labs, Inc.ATLANTA , Dec. 10, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (NYSE: CUZ) today announced that it has commenced an underwritten public offering of 9,500,000 shares of its common stock. The Company intends to use the net proceeds of the offering to fund a portion of the purchase price of an office property in Downtown Austin . If this acquisition is not consummated, the net proceeds will be used for general corporate purposes, including the acquisition and development of office properties, other opportunistic investments and the repayment of debt. J.P. Morgan will serve as the sole book-running manager for the offering. This offering will be made pursuant to a prospectus supplement to the Company's prospectus dated May 8, 2024 , filed as part of the Company's effective shelf registration statement relating to the shares. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the shares described herein or any other securities, nor shall there be any sale of these shares in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or other jurisdiction. The offering may be made only by means of a prospectus supplement and the related prospectus. Before you invest, you should read the prospectus supplement, the prospectus and other documents filed with the Securities and Exchange Commission for more complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the Securities and Exchange Commission website at www.sec.gov . Alternatively, a copy of the prospectus supplement and the prospectus relating to the shares can be obtained by contacting the underwriter as follows: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com . About Cousins Properties Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office buildings located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets and opportunistic investments. Forward-Looking Statements Certain matters discussed in this press release are forward-looking statements within the meaning of the federal securities laws and are subject to uncertainties and risk and actual results may differ materially from projections, including matters related to the commenced public offering and intended use of proceeds. Readers should carefully review the Company's financial statements and notes thereto, as well as the risk factors described in Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2023 and in Part II, Item 1A of the Company's Quarterly Reports on Form 10-Q for the quarters ended June 30, 2024 and September 30, 2024 , and other documents the Company files from time to time with the Securities and Exchange Commission. Such forward-looking statements are based on current expectations and speak as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise. Contact: Roni Imbeaux Vice President, Finance and Investor Relations Cousins Properties 404-407-1104 rimbeaux@cousins.com View original content: https://www.prnewswire.com/news-releases/cousins-properties-announces-public-offering-of-9-500-000-shares-of-common-stock-302328164.html SOURCE Cousins Properties
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THE controversial China-born crypto entrepreneur Justin Sun has invested US$30 million in President-elect Donald Trump’s World Liberty Financial, making him the largest investor in the decentralised finance (DeFi) project. “The US is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump!,” Sun, the founder of the cryptocurrency firm Tron, announced in a post on X on Monday (Nov 25). “Tron is committed to making America great again and leading innovation.” A spokesperson for Sun did not immediately respond to a request for comment. “We are excited about the momentum experienced by World Liberty Financial, and this sizeable purchase of WLF tokens underscores the early success of this project,” a spokesperson for World Liberty said. “Indeed, there have been several significant purchases in recent weeks, and we are confident in our future success as we build a platform that promotes freer and fairer finance. We expect more such developments to happen in the coming weeks and months.” The US Securities and Exchange Commission (SEC) sued Sun in March 2023 for allegedly violating securities rules. The lawsuit, filed in federal court in New York, claims that Sun worked with companies he owns and controls to engineer the offer and sale of the unregistered securities. It also accuses the crypto entrepreneur of breaking antifraud and market manipulation rules. Sun has said in the past that he believes that an SEC court filing accusing him and several of his firms of violating securities rules “lacks merit”. Earlier this year, USDC stablecoin issuer Circle axed their support for the Tron blockchain – attributing the decision to a “risk management framework” that “continually assesses the suitability of all blockchains” for the stablecoin. Trump-backed World Liberty Financial, launched a day after the former president emerged from a second apparent assassination attempt, is being promoted by Trump and his sons as part of the DeFi movement, which seeks to democratise access to financial services through the elimination of intermediaries. During World Liberty’s initial launch, the Wilmington, Delaware-based project planned to raise US$300 million at a US$1.5 billion valuation. However, it recently disclosed that its US$300 million offering of tokens is primarily being marketed offshore. World Liberty filed a notice with American regulators on the offering, stating that it “currently only plans” to sell US$30 million of tokens in the US. After reaching the US$30 million threshold, World Liberty will terminate the US offering, even though the company has some US$288.5 million of tokens available for sale, according to the document. Trump has been a recent and vocal proponent of digital assets such as Bitcoin. Last week, Bloomberg News reported that Trump Media & Technology Group (TMTG) is in talks to buy the digital-asset marketplace Bakkt Holdings, citing sources familiar with the discussions who asked not to be named sharing private information. Trump owns more than 50 per cent of TMTG, which operates Truth Social, a social media site. Donald Trump is listed as World Liberty Financial’s chief crypto advocate, while his sons, Eric, Donald Jr and Barron Trump are named as its Web3 ambassadors. The project also includes Paxos co-founder Rich Teo as its stablecoin and payment lead, as well as Luke Pearson, a senior research cryptographer for Polychain. Just two days ago, Sun announced that he paid US$6.2 million for a banana duct-taped to a wall, as part of a piece of work by Italian artist Maurizio Cattelan. The price of Tron’s TRX token dropped about 5 per cent to around 20 US cents on Monday. It has climbed about 87 per cent this year. BLOOMBERGToronto's new WNBA team is the Tempo but the name and logo were no slam dunk with commenters