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ADC Therapeutics Makes Grants to New Employees Under Inducement Plan

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LAUSANNE, Switzerland, Feb. 3, 2025 /PRNewswire/ — ADC Therapeutics SA (NYSE: ADCT), a commercial-stage global leader and pioneer in the field of antibody drug conjugates (ADCs), today announced that the Company has made grants of options to purchase an aggregate of 26,800 of the Company’s common shares to three new employees on February 3, 2025 (each, a “Grant”).

The Grants were offered as material inducement to the employees’ employment. The grants were approved by the Compensation Committee of the Company’s Board of Directors pursuant to the Company’s Inducement Plan to motivate and reward the recipients to perform at the highest levels and contribute significantly to the success of the Company. The Grants were made in reliance on the employment inducement exemption under the NYSE’s Listed Company Manual Rule 303A.08.

The Company is issuing this press release pursuant to Rule 303A.08. The Grants shall vest and become exercisable 25% on the first anniversary of the grant date, and 1/48th of the aggregate number of shares subject to the award on each monthly anniversary of the grant date thereafter, such that the entire award will be vested as of the fourth anniversary of the grant date, subject to continued employment with the Company.

About ADC Therapeutics

ADC Therapeutics (NYSE: ADCT) is a commercial-stage global leader and pioneer in the field of antibody drug conjugates (ADCs). The Company is advancing its proprietary ADC technology to transform the treatment paradigm for patients with hematologic malignancies and solid tumors.

ADC Therapeutics’ CD19-directed ADC ZYNLONTA (loncastuximab tesirine-lpyl) received accelerated approval by the FDA and conditional approval from the European Commission for the treatment of relapsed or refractory diffuse large B-cell lymphoma after two or more lines of systemic therapy. ZYNLONTA is also in development in combination with other agents and in earlier lines of therapy. In addition to ZYNLONTA, ADC Therapeutics has multiple ADCs in ongoing clinical and preclinical development.

ADC Therapeutics is based in Lausanne (Biopôle), Switzerland, and has operations in London and New Jersey. For more information, please visit https://adctherapeutics.com/ and follow the Company on LinkedIn.

ZYNLONTA® is a registered trademark of ADC Therapeutics SA.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify forward-looking statements by terminology such as “may”, “will”, “should”, “would”, “expect”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “seem”, “seek”, “future”, “continue”, or “appear” or the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to certain risks and uncertainties that can cause actual results to differ materially from those described. Factors that may cause such differences include, but are not limited to: the expected cash runway into mid-2026 the Company’s ability to grow ZYNLONTA® revenue in the United States; the ability of our partners to commercialize ZYNLONTA® in foreign markets, the timing and amount of future revenue and payments to us from such partnerships and their ability to obtain regulatory approval for ZYNLONTA® in foreign jurisdictions; the timing and results of the Company’s or its partners’ research and development projects or clinical trials including LOTIS 5 and 7, ADCT 602 as well as early research in certain solid tumors with different targets, linkers and payloads; the timing and results of investigator-initiated trials including those studying FL and MZL and the potential regulatory and/or compendia strategy and the future opportunity; the timing and outcome of regulatory submissions for the Company’s products or product candidates; actions by the FDA or foreign regulatory authorities; projected revenue and expenses; the Company’s indebtedness, including Healthcare Royalty Management and Blue Owl and Oaktree facilities, and the restrictions imposed on the Company’s activities by such indebtedness, the ability to comply with the terms of the various agreements and repay such indebtedness and the significant cash required to service such indebtedness; and the Company’s ability to obtain financial and other resources for its research, development, clinical, and commercial activities. Additional information concerning these and other factors that may cause actual results to differ materially from those anticipated in the forward-looking statements is contained in the “Risk Factors” section of the Company’s Annual Report on Form 10-K and in the Company’s other periodic and current reports and filings with the U.S. Securities and Exchange Commission. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance, achievements or prospects to be materially different from any future results, performance, achievements or prospects expressed in or implied by such forward-looking statements. The Company cautions investors not to place undue reliance on the forward-looking statements contained in this document.

CONTACTS:

Investors
Marcy Graham
ADC Therapeutics
Marcy.Graham@adctherapeutics.com
+1 650-667-6450

Media
Nicole Riley
ADC Therapeutics
Nicole.Riley@adctherapeutics.com
+1 862-926-9040

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SOURCE ADC Therapeutics SA

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Wuhan Launches “AI+” Initiative: Single Projects Eligible for up to 20 Million Yuan in Funding

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WUHAN, China, March 13, 2025 /PRNewswire/ — A report from Changjiang Daily:

Recently, the Information Office of Wuhan Municipal People’s Government held a press conference on several policy measures to promote the development of the artificial intelligence (AI) industry in Wuhan. The city announced the launch of an “AI+” initiative this year, aiming to promote large model applications across more than 20 industries.

This initiative, based on the Wuhan Municipal Policies for Promoting the Development of the Artificial Intelligence Industry, comprises ten key measures. These include supporting technological breakthroughs, enhancing computing power supply, and promoting model innovation, all aimed at accelerating the construction of a full AI industry chain ecosystem. The policies will be application-scenario driven, focusing on core elements such as computing power, models, data, and talent. Wuhan will allocate no less than 10 million yuan annually in computing power service subsidies to ease the burden on SMEs, and provide up to 20 million yuan in support for individual key technology projects.

Reports indicate that Wuhan’s AI industry is projected to exceed 70 billion yuan in scale by 2024, with an average annual growth rate exceeding 30% in the past three years and over 1,000 companies. Furthermore, Wuhan has successfully deployed the world’s first multi-modal large model with over 100 billion parameters, “Zidong Taichu” 3.0, and a domestic general-purpose large model R&D platform.

The press conference also highlighted policy focuses on key areas, including humanoid robots, intelligent connected vehicles, and dataset construction. For humanoid robots, Wuhan will promote the development of a full industrial chain for core components, striving for breakthroughs in cognitive, decision-making, and collaborative capabilities. For intelligent connected vehicles, Wuhan will promote the early mass production of intelligent driving models and collaborate with companies such as Huawei and Baidu. Furthermore, dataset construction will promote the classified development of public, enterprise, and personal data to build high-quality datasets.

View original content to download multimedia:https://www.prnewswire.com/news-releases/wuhan-launches-ai-initiative-single-projects-eligible-for-up-to-20-million-yuan-in-funding-302401690.html

SOURCE Changjiang Daily

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CAAPS for Microsoft Dynamics 365 Finance is now available in the Microsoft Azure Marketplace

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AP Automation solution for Dynamics 365 Finance now available in Azure Market Place.

ADELAIDE, Australia, March 13, 2025 /PRNewswire-PRWeb/ — Acumen Data’s CAAPS for Microsoft Dynamics 365 Finance is now available in the Microsoft Azure Marketplace

CAAPS for Microsoft Dynamics 365 Finance is now available in the Microsoft Azure Marketplace

Microsoft customers in Australia and New Zealand can now access CAAPS, benefiting from its procurement cost optimization, easy receipt creation, cost reduction, improved productivity for accounts payable, and reduced risk of fraud.

Adelaide, SA, AustraliaMarch 13, 2025 — Acumen Data today announced the availability of CAAPS in the Microsoft Azure Marketplace, an online store offering applications and services for use on Azure. Acumen Data customers can now leverage the productive and trusted Azure cloud platform with streamlined deployment and management.

With over twenty-five years of experience, Acumen Data has been dedicated to developing solutions that enhance business efficiency and reduce risk, serving clients in twenty-six countries.

CAAPS is designed for medium-sized to large enterprises that prioritize efficiency, cost reduction, and security. It helps businesses save by informing procurement teams of the best prices for all purchased items. Unlike the common practice of contracting large suppliers while making ad hoc purchases for other items, CAAPS ensures that every purchaser at all locations knows the best prices.

CAAPS also saves time with Microsoft Dynamics 365 Finance by enabling one-click receipt of goods and services, eliminating the need for line-by-line processing.

Accounts Payable (AP) teams benefit from multiple time-saving tools, reducing the labor involved in invoice processing. Additionally, risk is minimized with the inclusion of FraudDefender®.

“Being approved for the listing in Microsoft’s commercial marketplace is an excellent opportunity to assist Microsoft’s clients in the drive to use technology smarter,” said Richard Bates, CEO, Acumen Data. “The marketplace is the most important app store for businesses.”

“Microsoft Azure Marketplace welcomes CAAPS, which joins a cloud marketplace landscape predicted to grow revenue 500% from 2022 to 2025,” said Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. “Thanks to Azure Marketplace and partners like Acumen Data, customers can do more with less by increasing efficiency, buying confidently, and spending smarter.”

The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure, connecting companies seeking innovative cloud-based solutions with partners who have developed ready-to-use offerings.

Today, Acumen Data is committed to introducing forward-thinking businesses to new standards in accounts payable automation. The team specializes in developing highly flexible and configurable AP solutions that can be tailored to meet the unique needs of businesses across various sectors. Acumen Data is proud to be a market leader in AP automation, solving traditional challenges while presenting groundbreaking innovations that provide clients with new visibility, insights, and growth opportunities.

For more information, press only:

Richard Bates

CEO

Acumen Data

Richard.bates@acumendata.com

M: 0419 859 581

O: 08 8113 7200

Media Contact

Richard Bates, Acumen Data Pty Ltd, 61 419859581, richard.bates@acumendata.com, https://caaps.com/caaps-for-dynamics-365-finance/

View original content:https://www.prweb.com/releases/caaps-for-microsoft-dynamics-365-finance-is-now-available-in-the-microsoft-azure-marketplace-302400694.html

SOURCE Acumen Data

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Crunchie Meltz Champions Women Leaders at Her Courage Leaders Summit 2025

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SINGAPORE, March 14, 2025 /PRNewswire/ — Homegrown artisanal brownie brand Crunchie Meltz is stepping up to support women in leadership as an official partner of the Her Courage Leaders Summit 2025 by Class Living, happening on April 5, 2025. The summit, which celebrates resilience, leadership, and empowerment among women, aligns with Crunchie Meltz’s vision of creating a positive community impact beyond just sweet treats.

The event will bring together inspiring women leaders, entrepreneurs, and change-makers to share their stories, and Crunchie Meltz will be contributing in a special way—crafting exclusive brownies for the summit’s participants as a symbol of encouragement and perseverance. This partnership marks a significant moment for the artisanal brand, highlighting its commitment to not only baking but also creating meaningful connections within the community.

Beyond Brownies: Crunchie Meltz Expands Community Initiatives

This latest collaboration underscores Crunchie Meltz’s growing commitment to using baking as a force for good. Co-founders Simon Yio and Chef Evon Chan are not only passionate about their artisanal brownies but also about fostering meaningful experiences through baking. Their vision is to create more than just a business; they aim to craft memories, inspire change, and build connections through the simple joy of delicious, thoughtfully made treats.

Building on this momentum, Crunchie Meltz is also partnering with a local training company, ThinkBox Solutions and Class Living to develop an innovative Parent-Child Bakery Program. The initiative, set to launch later this year, will give families the opportunity to bond over shared experiences in the kitchen, learning the secrets behind the brand’s signature brownies. “We believe baking is more than just a craft — it’s a way to bring people together,” says Simon Yio, Co-Founder of Crunchie Meltz. “Whether it’s supporting women leaders at Her Courage Leaders Summit or creating meaningful parent-child experiences, we want to make an impact beyond our brownies.”

Customer Review: A Sweet Success

Crunchie Meltz’s focus on quality and flavour continues to win the hearts of dessert lovers. Here’s what one of our loyal customers, Amar Kumar, had to say about our signature brownie:

“This brownie with a cookie top is amazing! The brownie is rich, fudgy, and perfectly sweet, while the cookie on top is warm, chewy, and golden on the edges. The combination of the soft brownie and the slightly crisp cookie is just perfect. Each bite is a delicious mix of flavors and textures, with the chocolatey brownie and buttery cookie blending so well. It’s a sweet, satisfying treat that’s hard to resist—one of the best desserts you’ll ever try!”

Such enthusiastic responses from customers have fuelled Crunchie Meltz’s success and reinforced its mission to spread joy through every bite.

A Growing Brand with a Heart

Since its launch in September 2024, Crunchie Meltz has garnered over 60 positive reviews across Google and Facebook, with foodies and dessert enthusiasts praising the brand’s dedication to quality, taste, and presentation. The brand’s signature treats, including CookieCrunch, ChocoCrunch, CrunchieDark brownies and FlorenCrunch, a healthy snack baked with nuts and seeds, continue to delight customers, offering a delightful balance of textures and flavours.

Looking ahead, Crunchie Meltz has exciting plans for further expansion, including the launch of its “Bake for Hope” CSR program in early 2026. This initiative aims to use baking as a platform to support social causes and give back to the community. As the company grows, Crunchie Meltz remains committed to making a lasting, positive impact — one brownie at a time.

About Crunchie Meltz

Crunchie Meltz is a homegrown artisanal brownie brand celebrated for its rich, chocolatey treats crafted with care and the finest ingredients. From the classic ChocoCrunch to the decadent CrunchieDark and the innovative CookieCrunch, each brownie is baked to perfection with a unique touch.

Whether for corporate gifting, special occasions, or personal indulgence, Crunchie Meltz delivers moments of sweetness and joy to customers across Singapore. With a focus on quality, community, and connection, Crunchie Meltz continues to grow and inspire, proving that a small business with a big heart can create a lasting impact.

For more information, visit www.crunchiemeltz.sg

 

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SOURCE Crunchie Meltz

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