Connect with us

Technology

Spectral Capital Announces $15 Million Private Placement Memorandum Agreement with Spark Market

Published

on

Funds targeted for expansion of its Quantum Bridge Program and Green Micro Data Center Network

SEATTLE, Sept. 27, 2024 /PRNewswire/ — Spectral Capital Corporation (OTC QB: FCCN), a leader in advancing the Quantum Bridge Strategy and supporting cutting-edge technologies, is pleased to announce it has signed an agreement with Spark Market to raise $15 million through a Private Placement Memorandum (PPM).

Spark Market is a dynamic platform designed to bridge the gap between early-stage, high-growth companies and investors seeking opportunities in the private market space. Known for democratizing access to traditionally exclusive investments, Spark Market offers a pathway for a broader audience to engage in promising ventures and provides critical educational resources, expert insights, and a secondary market to enhance liquidity for private investments.

This agreement marks a significant milestone in Spectral Capital’s strategy to expand its Quantum Bridge Program. The funds will support Spectral’s ongoing initiatives, including the development of its newly acquired Vogon Cloud’s micro data center network, which is aimed at building a decentralized, energy-efficient infrastructure for hybrid and edge markets across 16 key regions globally. These micro data centers will play a crucial role in supporting the company’s commitment to sustainability while setting the foundation for the future of quantum computing.

“We are excited to partner with Spark Market, which shares our vision of making high-impact investments more accessible to a wider audience,” said Sean Michael Brehm, Chairman of Spectral Capital. “This partnership not only provides the financial support needed to accelerate our Quantum Bridge Program but also aligns with our mission to redefine how private capital can drive technological innovation.”

By leveraging Spark Market’s platform, Spectral Capital is poised to attract a diverse group of investors who are interested in shaping the future of technology and sustainability. The raised capital will enable the company to fast-track its initiatives in creating a global network of green, decentralized data hubs that can power the next generation of computing solutions. The Company has already integrated its NOOT Authentic Intelligence technology on https://www.spark.market.

For more information, please https://www.spectralcapital.com/invest or https://www.spark.market.

About Spectral Capital Spectral Capital Corporation (OTC QB: FCCN) is a technology investment company focused on the future of quantum computing and decentralized infrastructure. Through its Quantum Bridge Strategy, Spectral is building a portfolio of companies that are reshaping the technology landscape, including its recent acquisition of Vogon Cloud and its stake in the development of sustainable, cutting-edge data solutions.

About Spark Market Spark Market is a revolutionary investment platform that democratizes access to private market opportunities. By connecting early-stage companies with a diverse range of investors, Spark Market is transforming how private market investments are made. The platform provides direct access to founders, tailored funding options, and detailed insights into market trends, making private investing accessible, transparent, and adaptable to modern investor needs.

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN’s growth and business strategy. Words such as “expects,” “will,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN’s business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN’s filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

For more information, please visit www.spectralcapital.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/spectral-capital-announces-15-million-private-placement-memorandum-agreement-with-spark-market-302261071.html

SOURCE Spectral Capital Corporation

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Zoomcar, Inc. Announces Adjournment of Annual Stockholders Meeting to October 1, 2024

Published

on

By

BENGALURU, India, Sept. 27, 2024 /PRNewswire/ — Zoomcar, Zoomcar Holdings, Inc. (“Zoomcar” or the “Company”) (NASDAQ: ZCAR), the NASDAQ-listed leading marketplace for self-drive car sharing, announced that the Annual Meeting of Stockholders, previously scheduled for September 26, 2024, has been adjourned to October 1, 2024. The meeting will reconvene virtually at 10:00 AM ET.

The adjournment will allow additional time for stockholders to cast their votes on the proposals outlined in the proxy materials. As described in the proxy materials previously distributed, stockholders as of the close of business on July 29, 2024, the record date, are entitled to participate in the Annual Stockholders Meeting.

Zoomcar encourages all stockholders to actively participate in the meeting and exercise their voting rights. Stockholders may cast their votes prior to the meeting by visiting www.proxyvote.com, or they can vote during the meeting by visiting www.virtualshareholdermeeting.com/ZCAR2024 or by calling 1-800-690-6903.

Additionally, if you require assistance with voting your shares or have any other questions in relation to the meeting, please contact the proxy solicitor on the direct line at +1 206-265-0326 or write at ksmith@advantageproxy.com.

About Zoomcar:

Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for car sharing focused in India. The Zoomcar community connects Hosts with Guests, who choose from a selection of cars for use at affordable prices, promoting sustainable, smart transportation solutions in India.

Forward Looking Statement

This communication contains forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond the Company’s control. These forward-looking statements within the meaning under applicable law, can be identified by the use terms such as “may,” “will,” “aim,” “empower,” “estimate,” “intend,” “indicate,” “continue,” “promote,” “believe,” “boosting”, “elevate,” or “enhance,” or the negatives thereof, as well as other variations or comparable terminology. We ask that you read statements that contain these terms carefully because we believe this information is important for our investors and customers. Any forward-looking statement in this press release refers solely to what is accurate as of the day it is issued or based on assumptions that Zoomcar believes to be reasonable. The actual results and outcomes may materially differ due to various factors or events beyond our control which we may not be foreseeable at all times. We cannot guarantee or assure any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. We undertake no obligation to alter or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as required by law.

Press Contact:

Akarshit Gulati: akarshitg@avianwe.comBhagyashree Rewatkar: bhagyashree.rewatkar@zoomcar.com

Logo: https://mma.prnewswire.com/media/2517562/Zoomcar_Logo.jpg

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/zoomcar-inc-announces-adjournment-of-annual-stockholders-meeting-to-october-1-2024-302261061.html

SOURCE Zoomcar Holdings, Inc.

Continue Reading

Technology

InventHelp Inventor Develops Assistive Device to Support Head (SCO-259)

Published

on

By

PITTSBURGH, Sept. 27, 2024 /PRNewswire/ — “I’m a certified nursing assistant, and I thought there could be a device to help support the head for patients with various disabilities,” said an inventor, from Sacramento, Calif., “so I invented the NOR- LIFT. My design would help keep the head straight in a simple and strain-free manner.”

The invention provides an effective way to support the head so it is straight. In doing so, it eliminates the strain and pain associated with attempting to elevate the head without assistance. As a result, it increases comfort, safety and support. The invention features a practical design that is easy to use so it is ideal for individuals with various disabilities that affect the head. Additionally, a prototype model and technical drawings are available upon request.

The original design was submitted to the Sacramento sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-SCO-259, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/inventhelp-inventor-develops-assistive-device-to-support-head-sco-259-302255278.html

SOURCE InventHelp

Continue Reading

Technology

Amerisure’s SureConnect® Portal Wins 2024 Datos Insights Technology Award

Published

on

By

Amerisure Insurance is proud to announce that its flagship customer portal, SureConnect® has received a prestigious Datos Insights 2024 Insurance Technology Impact Award in the Digital category.

FARMINGTON HILLS, Mich., Sept. 27, 2024 /PRNewswire-PRWeb/ — Amerisure Insurance is proud to announce that its flagship customer portal, SureConnect® has received a prestigious Datos Insights 2024 Insurance Technology Impact Award in the Digital category. This accolade underscores Amerisure’s commitment to leading digital innovation in the insurance industry, enhancing customer satisfaction and streamlining operational efficiency.

“This award reflects our approach to partnering with customers and applying feedback to extend the SureConnect® difference,” said Amjed Al-Zoubi, Chief Information Officer at Amerisure.

SureConnect® is designed to enhance the insurance management process for policyholders, employees, and agency partners alike. It allows users to efficiently file claims, access loss data, and check claim statuses with reduced wait times and minimal manual intervention.

The recent enhancements to SureConnect® have yielded remarkable improvements: a reduction in customer onboarding time by over 60%, an increase in user satisfaction scores from 83 to 91, and a 16% increase in the value of the portal to agency customers. These advancements have not only improved the daily operations for Amerisure’s partners but have also significantly enhanced their overall experience.

“We are focused on the customer experience at Amerisure and recognize the growing importance of digital interactions in insurance,” said Amjed Al-Zoubi, Chief Information Officer at Amerisure. “This award reflects our approach to partnering with customers and applying feedback to extend the SureConnect® difference.”

The ongoing development of the comprehensive, usercentric SureConnect® portal is a testament to Amerisure’s dedication to innovation and excellence. As the digital landscape evolves, Amerisure continues to anticipate and respond to the needs of the modern insurance customer, ensuring that each update not only addresses current challenges but also sets new standards in the insurance industry.

About Amerisure Insurance
Amerisure is a leading provider of commercial property and casualty insurance solutions for U.S.-based construction, manufacturing and healthcare businesses. Licensed in all fifty states and available through an exclusive network of elite independent agents, the company upholds an “A” (Excellent) financial strength rating, industry-leading service scores, and multiple awards for innovation. Amerisure has been in business for more than 100 years and is consistently named among the best places to work in the industry and throughout the nation. To learn more, visit amerisure.com.

Media Contact

Marilyn Banes, Amerisure, 248-426-7914, mbanes@amerisure.com, Amerisure

Twitter

View original content to download multimedia:https://www.prweb.com/releases/amerisures-sureconnect-portal-wins-2024-datos-insights-technology-award-302260652.html

SOURCE Amerisure

Continue Reading

Trending