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Broadband Leaders Publish Permitting Success Strategies for ISPs and Local Governments

Benton Institute for Broadband & Society

Today, a group of leading broadband organizations published a strategic paper titled “ Permitting Success: Closing the Digital Divide Through Local Broadband Permitting. ” The paper will help local governments and Internet Service Providers (ISPs) navigate broadband network construction challenges and maximize investments in broadband connectivity for all Americans. The Benton Institute for Broadband & Society, in partnership with the Georgetown Law Institute for Technology Law & Policy, the American Association for Public Broadband, Fiber Broadband Association, Brightspeed, and GFiber, wrote the Permitting Success paper. The paper publishes at a critical moment when broadband infrastructure funding is at an all-time high due to the Broadband Equity, Access, and Deployment (BEAD) program—the single largest broadband program in U.S. history. This historic level of funding creates an opportunity to bring high-speed internet access to every community in America and close the digital divide. Historic levels of funding will accelerate broadband network construction, putting enormous pressure on local governments responsible for permitting infrastructure construction within municipal boundaries. These processes take time and resources, and not every government is equipped for the coming wave of construction. This is especially true in rural areas, where municipal resources are lowest and BEAD activity will be highest. Effective and efficient permitting processes are critical for ISPs and local governments to successfully deploy broadband networks that will give every American community modern connectivity. The Permitting Success paper includes case studies; strategic checklists for ISPs, local governments, and state and federal agencies; and outlines three main categories for permitting success: Fostering partnerships between the permit seeker and the permitting authority Maximizing resources available to the permitting authority Ensuring transparency and consistency in the permitting process The paper’s findings were identified during a collaborative national summit on local permitting processes convened by Georgetown Law Institute for Technology Law & Policy, which was attended by more than 30 permitting leaders representing local, state, and federal governments; ISPs; civil society organizations; philanthropies; and other key stakeholders. The paper will be explored during an episode of FBA’s Fiber for Breakfast on September 25, at 10:00am EDT. Register here to watch the episode live. Supporting Quotes: Drew Garner, Director of Policy Engagement, Benton Institute for Broadband & Society: “Broadband is fundamental to modern life. Yet, for millions of Americans, broadband is unavailable. To correct this, the U.S. has launched a historic effort to bring broadband to every household in the country. But such extensive broadband construction will require extensive construction permitting, and construction permitting often happens at the local level. Thus, the historic effort to close the digital divide will ultimately flow through the permitting offices of our local governments. This paper is intended to help those offices and their applicants operate at maximum efficiency.” Natalie Roisman, Executive Director, Georgetown Law Institute for Technology Law & Policy: “The Georgetown Law Institute for Technology Law & Policy seeks to be a convener for conversations that are necessary, challenging, and will move the needle on urgent technology policy issues. We were pleased to host the permitting summit that sought input from a wide range of expert private and public sector perspectives, culminating in this thoughtful paper, and hope this process will get us closer to the critical goal of broadband for every American." Gigi Sohn, American Association for Public Broadband Executive Director: “The permitting paper being released today was made possible by a unique collaboration among representatives from across the broadband ecosystem—local, state and federal government officials, civil society, philanthropy and diverse segments of the industry. While there was not always unanimity on every finding, there was complete agreement that everyone benefits when all US households are connected to robust, affordable high-speed broadband. The result is a common sense guide that seeks to ensure that everyone in that ecosystem contributes to a successful local permitting process.” Fiber Broadband Association President and CEO Gary Bolton: “There is tremendous opportunity ahead to connect every American to reliable, high-speed broadband and to the economic benefits that come with high-quality connectivity. But every player across the broadband ecosystem needs to develop their best strategy to ensure network construction is safe and efficient and broadband deployment is effective and successful. The Fiber Broadband Association offers a growing library of research and resources to help the industry develop successful strategies for fiber broadband deployment, and we believe this paper is a valuable addition that will help ensure these networks are built right the first time.” Brightspeed: Tom Dailey, senior vice president, Public Policy, Government Affairs and Regulatory, Brightspeed “Brightspeed is actively building our state-of-the-art fiber network across 17 states mostly in rural and suburban communities, and positive and timely engagement with permitting authorities is critical. This is especially true when permitting requirements vary from state to state and jurisdiction to jurisdiction. By creating more streamlined, consistent and transparent permitting processes, we can ultimately reach more homes and businesses more efficiently. We very much appreciate the opportunity to engage with the many permissions and policy professionals who contributed their time, energy and most of all their expertise to developing this paper, which will facilitate the successful deployment of broadband networks across the nation.” GFiber: Darrel Hegar, Head of Market Operations, GFiber “Everyone deserves access to high-quality broadband internet. Communities and providers must work together to speed up network construction and service delivery. The policies and procedures laid out in this paper provide a clear roadmap for how we can make real, tangible progress to bringing the promise of next-generation internet to reality for all Americans.” ### Press Contacts: Benton Institute for Broadband & Society: Drew Garner, dgarner@benton.org Georgetown Law Institute for Technology Law & Policy: Samantha Simonsen, sas497@georgetown.edu American Association for Public Broadband: Aaron Alberico, alberico@raynoravenue.com Brightspeed: Gene Rodriguez Miller, pr@brightspeed.com Fiber Broadband Association: Autumn Minnich, FBA@connect2comm.com GFiber: gfiber-pr@google.com About the Benton Institute for Broadband & Society The Benton Institute for Broadband & Society’s primary mission is to bring open, affordable, high-capacity and competitive broadband to all people in the U.S. to ensure a thriving democracy. For over 40 years Benton has provided information and analysis about communications policy, including universal service. In recent years, Benton’s activities strengthened local, state, and national leadership by providing the timely information, rigorous evidence, practical guidance, and advocacy support needed to articulate and implement a broadband for all agenda. Benton has long advocated for universal, affordable telecommunications access for everyone living in the United States. About Georgetown Law Institute for Technology Law & Policy The Institute for Technology Law and Policy is a hub at the Georgetown University Law Center for policymakers, academics, advocates, and technologists to study and discuss the most pressing issues in technology law and policy. With the leading academic program for law and technology in the U.S., the Tech Institute supports faculty research initiatives and trains the next generation of tech lawyers and policymakers through an unmatched combination of up-to-the-minute curriculum, world-class faculty, and impactful experiential and career development opportunities. In addition, the Tech Institute convenes public and private discussions on urgent and cutting-edge policy issues, conducts workshops for government staff, and works to identify and create opportunities for technology to improve access to justice. About the American Association for Public Broadband The American Association for Public Broadband proudly represents community-owned broadband networks and co-ops that are fueling the nation's economic future through reliable high-speed internet access. With more than 650+ networks across 33 states, public––or municipal broadband––is answering America's call for reliable, affordable, and accessible internet for all. Learn more at aapb.us. About the Fiber Broadband Association The Fiber Broadband Association is the largest and only trade association that represents the complete fiber ecosystem of service providers, manufacturers, industry experts, and deployment specialists dedicated to the advancement of fiber broadband deployment and the pursuit of a world where communications are limitless, advancing quality of life and digital equity anywhere and everywhere. The Fiber Broadband Association helps providers, communities, and policymakers make informed decisions about how, where, and why to build better fiber broadband networks. Since 2001, these companies, organizations, and members have worked with communities and consumers in mind to build the critical infrastructure that provides the economic and societal benefits that only fiber can deliver. The Fiber Broadband Association is part of the Fibre Council Global Alliance, which is a platform of six global FTTH Councils in North America, LATAM, Europe, MEA, APAC, and South Africa. Learn more at fiberbroadband.org or subscribe to FBA’s Fiber Forward Weekly newsletter here. About Brightspeed Headquartered in Charlotte, N.C., and with assets and associated operations in 20 states, Brightspeed provides broadband and telecommunications services through a network platform capable of serving more than 6.5 million homes and businesses. Our 4,000 employees are committed to building a future where more communities benefit from a more connected life, deploying a state-of-the-art fiber network and a customer experience that makes being connected as simple as it should be. For more information, please visit brightspeed.com. About GFiber GFiber delivers fast, reliable, fairly-priced and open fiber internet service, prioritizing customer service and speed. GFiber started in 2010 as a Google-driven experiment to catalyze the gigabit internet ecosystem, and has since pioneered the gigabit and multigig internet future. For more than a decade, GFiber has maintained its $70/1 Gig base internet plan without any rate increases, and remains committed to bringing the best internet experience to customers in nearly 20 states with plans to further expand. GFiber was awarded PC Mag Readers’ Choice Awards for Best Overall and Fiber ISP in 2024, Best Fiber Internet Provider by Forbes in 2024 and Best Fiber Provider for Gig Internet by CNET in 2024, in addition to top recognitions from J.D. Power, HighSpeedInternet.com and many more. You can find more information, check availability in your area and compare plans at fiber.google.com. Contact Details Benton Institute for Broadband & Society Drew Garner dgarner@benton.org Company Website https://www.benton.org/

September 04, 2024 09:00 AM Eastern Daylight Time

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What If Your Most Profitable Strategy Also Made the World a Better Place?

Fordham Gabelli

As the world grapples with complex challenges such as climate change, poverty, and human rights issues, organizations are uniquely positioned to drive positive change. A new study titled “Social Profit Orientation: Lessons from Organizations Committed to Building a Better World,” recently published in the Journal of Marketing, explores how companies can simultaneously generate profit and foster societal well-being. The research, conducted by a team of esteemed academics, including Leonard L. Berry (Texas A&M), Tracey S. Danaher (Monash University), Timothy Keiningham (St. John's University), Lerzan Aksoy (Fordham University), and Tor W. Andreassen (Norwegian School of Economics), examines the benefits of adopting a social profit orientation to benefit both the organization and society. This approach encourages organizations to invest resources purposefully to enhance the common good. The study, based on 62 in-depth executive interviews across 21 organizations worldwide, reveals the significant benefits of embracing a social profit orientation. These organizations develop new approaches and strategies that address critical problems, thereby driving business innovation and improving societal outcomes. What is Social Profit Orientation? Social Profit Orientation is an organization-wide perspective where organizations embrace in their core mission the creation of sustainable, positive social and environmental impacts on individuals, communities, and society at large. Organizations with this orientation proactively invest resources such as knowledge, infrastructure, labor, reputation, money, and time to enhance the common good, especially improving the well-being of people and safeguarding the health of the planet. It reflects a deliberate, conscious effort to address systemic social or environmental challenges, rather than being merely a by-product of making financial profits. Examples from the Study Oportun tackles financial exclusion by providing affordable credit to underserved communities, offering an alternative to payday lenders. With significant investments in technology, Oportun has successfully issued millions of loans, enabling its customers to avoid exorbitant interest rates and fees. CEO Raul Vazquez highlights their challenge: “50% of customers who come to us have no FICO [credit] score, and other folks we serve may have a score based on limited history.” Despite these obstacles, Oportun has managed to provide more than $18.2 billion in credit by year-end 2023, saving its customers $2.4 billion in interest and fees. Gundersen Health System (renamed Emplify Health) exemplifies how a holistic approach to sustainability can be woven into the fabric of an organization. Under the leadership of Dr. Jeff Thompson, Gundersen became the first U.S. health system to offset 100% of its fossil-fuel use with self-produced energy. Their initiatives include harnessing solar and wind power and transforming landfill biogas into electricity and heat. Dr. Thompson remarks, “We are not just a ‘fix-it’ shop. Our mindset was: how do we protect the environment so it is a part of how we work, how we live, and how we work with our communities.” By adopting a social profit orientation, organizations not only drive meaningful societal impact but also experience enhanced legitimacy, stronger stakeholder relationships, improved employee engagement, and increased innovation. These benefits contribute to long-term business success and sustainability. Best Practices for Building a Social Profit Orientation Align employee and organizational values to create a unified mission. Ensure organizational resources and governance structures maximize societal benefits. Inspire executive and board leadership to deeply commit to social profit goals. Make informed investment decisions that focus on initiatives with the greatest social impact. Measure and evaluate social impact rigorously to ensure meaningful contributions. Foster external partnerships and communicate purpose through compelling storytelling. “Organizations today are at a crossroads where they can choose to be mere profit-generating entities or become catalysts for global change. Our study shows that the most profitable strategy might also be the one that makes the world a better place. By embracing a social profit orientation, organizations can lead their sectors, drive innovation, and make significant societal impacts,” said Lerzan Aksoy, Dean at Fordham University’s Gabelli School of Business. To attain a full copy of the research and download the associated teaching guides click here. To interview any of the authors of the paper, please reach out to the press contacts above. About Fordham University’s Gabelli School of Business Founded in 1920, the mission of Fordham University’s Gabelli School of Business is to inspire and empower positive global change, developing students into compassionate business leaders and supporting faculty members and students in the ongoing generation of new knowledge. The Gabelli School has become a driver of social innovation by equipping graduates to be business leaders who understand and meet the need for sustainability in business and who are able to harness the power of social responsibility for both financial success and societal impact. Through its many graduate and undergraduate degree programs and a diverse range of faculty research initiatives, the Gabelli School of Business works collectively to redesign business as a sustainable force for prosperity. Contact Details Fordham Gabelli School of Business Paola Curcio-Kleinman +1 212-636-6311 pcurciokleinman@fordham.edu Marino Taryn Schofield +1 973-919-4377 fordhamgabelli@marinopr.com Company Website https://www.fordham.edu/gabelli-school-of-business/

September 04, 2024 09:00 AM Eastern Daylight Time

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Seanergy Maritime (NASDAQ: SHIP) Raises Dividend Following Record-Breaking Q2 And H1 Results, United Maritime (NASDAQ: USEA) Rises Through Strategic Investments

Benzinga

By Gerelyn Terzo, Benzinga Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) reported a record-breaking second quarter, with performance extending through the first half of the year. To reward shareholders, the U.S.-listed, Athens-based company boosted its quarterly dividend and introduced a new payout policy, underscoring its commitment to driving growth and delivering value to investors. Seanergy Maritime, a leading pure-play Capesize ship owner, is sailing at peak performance in 2024. The company’s 18-vessel fleet, including 1 Newcastlemax and 17 Capesize vessels, has driven record results. In Q2 2024, Seanergy posted a net income of $14.1 million, a fresh all-time high which compares with $700,000 in the year-ago period. For the first half of 2024, net income surged to $24.3 million, a major turnaround from the $3.5 million loss in the same period last year. Q2 net revenue soared by 52% year-over-year to $43.1 million, while H1 revenue grew by 75% to $81.4 million. Earnings per share reached $0.68 for Q2 and $1.18 for H1. Seanergy's reported financial fundamentals have led the board to enhance its dividend policy, aiming to deliver even more value to shareholders. With a focus on distributing around 50% of operating cash flow after debt payments, the company boosted its Q2 cash dividend to $0.25 per share – up from $0.15 and $0.10 in the previous two quarters. This move continues their commitment to rewarding investors, having already returned $34.7 million in cash dividends since Q1 2022. Seanergy continues to boost shareholder value by resuming stock buybacks. The company repurchased $1.8 million worth of shares at an average price of $10.56 per share, under its $25 million share repurchase plan launched in December 2023. Chairman and CEO, Stamatis Tsantanis revealed he has been scooping up common shares and call options in the open market, with plans to acquire more SHIP stock in the upcoming quarters. “Based on our strong and visible cash flow generation, we expect to be able to continue returning significant capital to our shareholders in the coming quarters,” he said. Investors who might want to join in can learn more about Seanergy’s stock performance here. Seanergy’s Results Driven by Strategic Moves Seanergy’s CEO, Stamatis Tsantanis, attributed the record performance in Q2 and H1 2024 to the company’s strategic decision to position itself as a leading dry bulk operator with a pure-play Capesize fleet. The company says this move allowed the company to capitalize on the strong performance of the wider Capesize market, outpacing other dry bulk segments, catapulting the company ahead of the broader asset class. Seanergy has agreed to acquire, as previously announced, a modern Capesize vessel, enhancing its current fleet. The company expects to take delivery of a Japanese-built Capesize in Q3. After the latest additions, its fleet will comprise 19 high-quality Capesize vessels, up from 17 in early 2024. The Capesize market has been sailing smoothly since Q1 2024, according to Seanergy, marking its best performance in over a decade. This strong momentum continued into Q2, boosting Seanergy’s fleet to an average daily time charter equivalent (TCE) of $26,636. With a strategic hedging plan in place, Seanergy’s TCE was roughly 18% higher than the Baltic Capesize Index’s average of $22,600. “Seanergy is well positioned to continue performing strongly amidst the favorable Capesize market fundamentals, and we will remain focused on delivering high shareholder returns while opportunistically growing our fleet,” said Tsantanis. Seanergy Spin-Off Makes Strategic Investments United Maritime Corporation (Nasdaq: USEA), which was spun off from Seanergy two years ago, has also made strategic moves, capitalizing on opportunities across various diversified sectors. Following a recent swing to profitability in the second quarter, United Maritime has declared its seventh consecutive quarterly dividend of $0.075 per share. Additionally, the company is making a minority investment in a new offshore Energy Construction Vessel (ECV) project through a partnership with Norwegian counterparts, with expected completion in 2027. The ECV will serve both the oil and gas and renewable energy sectors, where demand is currently outpacing supply. United Maritime also partnered to charter-in an Aframax tanker, which is run by a reputable tanker pool operator, for as long as nine months. United Maritime has also secured $48.3 million year-to-date in financing deals, the proceeds of which will be directed toward refinancing multiple ship leases. Robust Vessel Demand Seanergy and United Maritime remain optimistic about the outlook for the Capesize sector, in which both report being advantageously positioned. Vessel demand remains robust amid a backdrop in which China's iron ore and coal imports are growing while a similar demand story unfolds in the Brazilian export market. Orderbook data suggests a slow-growing fleet size will persist, in response to which dry bulk demand is likely to outpace supply for the foreseeable future, according to the companies. Investors who are interested in diversifying their portfolios with exposure to the maritime industry with a leader in the Capesize space can learn more about Seanergy Maritime Holdings Corp. and United Maritime Corporation by visiting Seanergy’s website here and United’s website here. Featured photo courtesy of Seanergy. Contact Details Seanergy Investor Relations E-mail: ir@seanergy.gr United Investor Relations E-mail: ir@usea.gr Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 04, 2024 09:00 AM Eastern Daylight Time

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Benchmark International Successfully Facilitated the Transaction Vision BP, LLC and US LBM Holdings LLC

Benchmark International

Benchmark is pleased to announce the transaction between Vision BP, LLC & US LBM Holdings, LLC. The transaction represents a strategic expansion for US LBM Holdings, LLC, as they work to achieve scale through acquisitions and continue to expand their geographical presence. Established in 2018, the company Vision BP, LLC was previously operated as Nix Door & Hardware since the 1980’s. Since its inception, the company has continued to grow throughout the Dallas, Fort Worth area. Vision BP, LLC specializes mainly in the residential market for services related to the provision of production wood and metal doors, production and special-order windows, home automation & security, custom fireplaces, and hardware. Ready to Make a Move? We're Here to Guide You. US LBM Holdings, LLC located in Atlanta Georgia, is engaged in distributing building materials in the United States. The Company's portfolio of building materials includes specialty products, such as wood products, windows, doors and millwork, wallboard and metal studs, roofing and siding, engineered components, cabinetry and hardlines, and other products and services. The Company operates through 241 locations across 30 states. US LBM Holdings combines the scale and operational advantages of a national platform with a local go-to-market strategy through its national network of locations across the country. “It has been an exciting journey walking alongside Vision BP and US LBM Holdings to the finish line. We are thrilled to have been part of this pivotal moment and look forward with great anticipation to the future successes and opportunities that lie ahead for both parties.” – Jeffrey Garza, Deal Associate at Benchmark International SCHEDULE A CALL Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.com Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

September 04, 2024 09:00 AM Eastern Daylight Time

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Kite Hill PR Releases PR Playbook for Retail Media Networks

Kite Hill PR

Kite Hill PR, an award-winning, agile tech PR agency with deep expertise in serving adtech and media clients, today announced the launch of “ The PR Playbook for Retail Media Networks,” a comprehensive guide that outlines effective communications strategies for new players in the category, including an overview of communications channels and tactics for leveraging earned media. The retail media network (RMN) industry is booming. According to eMarketer, US omnichannel retail media ad spend will total nearly $60 billion in 2024, a growth of 28.6% YoY. As more and more retailers navigate how a media network may fit into their business goals and strategy, Kite Hill PR’s playbook was created to help brands create and execute a PR strategy aimed at driving awareness of new players in retail media. “With ten-plus years of experience in creating and leading innovative public relations campaigns for adtech, marketing and media businesses, we are sought after media relations experts in this category and look forward to supporting both established and new players in the space as they carve out their niche and unique growth path,” said Tiffany Guarnaccia, CEO and founder of Kite Hill PR. “The playbook was designed with the modern marketer in mind, and is another resource to help brands leverage communications to navigate competitive and rapidly evolving landscapes. The playbook outlines four crucial steps to developing an external communications plan, including: Addressing your go-to-market and launch strategy Leveraging always-on communications Prioritizing and developing thought leadership content, and Leveling up earned media and owned events Kite Hill PR launched in 2013 as an adtech PR specialist agency and has since expanded its practice areas to include media & entertainment, climate tech, enterprise tech, and more. Kite Hill PR’s deep understanding of the current landscape has given the agency the expertise to help brands create the external communications elements needed for developing overarching sales and marketing plans when introducing an RMN. The PR Playbook for Retail Media Networks is part of a growing list of resources Kite Hill PR has developed to help brands navigate and execute communications strategies. Earlier this year, the agency released its first e-book, “ Mapping Your Career Constellation,” as a modern-day guide to mentorship. For more information on Kite Hill PR services and / or a deeper dive into the playbook, please contact Hello@KiteHillPR.com. ABOUT KITE HILL PR Based in New York City with team members in the UK and across North America, Kite Hill PR is a leading B2B communications and tech PR agency specializing in connecting enterprise technology, media and advertising businesses with key stakeholders. The company's winning approach combines thought leadership, strategy and media relations to drive clients' businesses forward. Kite Hill PR has been recognized as a “Top PR Agency in the US” by Forbes, as one of the “Top Specialist PR Agencies” by the New York Observer and as a “Top Place to Work in PR” by PR News. Contact Details Mackenzie Gavel +1 631-739-5716 mackenzie@kitehillpr.com

September 04, 2024 09:00 AM Eastern Daylight Time

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September 04, 2024 09:00 AM, Eastern

Benzinga

By Johnny Rice, Benzinga Dr. Ann Childress and Shane Schaffer, Chairman & CEO of Cingulate (NASDAQ: CING), were recently guests on Benzinga’s All Access. Cingulate is a biotechnology company developing drugs for a range of underserved conditions. The company has developed a proprietary technology called Precision Timed Release™ (PTR™). The technology allows a single pill to contain multiple doses of a drug, relieving the pill burden many people with chronic conditions suffer. Cingulate says it will be submitting a New Drug Application within a year. Watch the full interview here: Featured photo by Thought Catalog on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 04, 2024 09:00 AM Eastern Daylight Time

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TiiCKER Whitepaper Findings: Shareholder Perks Can Increase Confidence In Management, Promote Longer-Term Holding, Attract New Investors And Offer Many More Benefits

Benzinga

By James Blacker, Benzinga As companies seek fresh strategies to improve investor relations, fintech firm TiiCKER brings a new way to drive long-term value with its innovative shareholder perk platform. Offering companies tailored perk and loyalty programs, TiiCKER’s platform promises to be a powerful tool to foster deeper connections between companies and their investors. A recent survey carried out on behalf of TiiCKER reveals the untapped potential of shareholder perks and how they can deepen brand loyalty and encourage proxy voting. The Power Of Shareholder Perks The age of apps and e-commerce has made loyalty programs a staple in the retail space, driving customer engagement and boosting sales. Recognizing that investors are also consumers, TiiCKER has taken this concept and applied it to the stock market. The study, conducted by market research firm The Harris Poll, surveyed 2,073 adults and more than 950 individual investors. It found that 78% of retail investors are more likely to buy stock in a company that offers shareholder perks than a company that doesn’t. However, not many investors are even aware of such loyalty programs, with only 35% saying they knew of any publicly traded companies offering perks or product discounts to their shareholders. Another of the study’s key findings is that shareholder perks do much more than just attract new investors – they also encourage long-term investment. Of the investors surveyed, 4 in 10 said they would hold shares longer if they qualified for any shareholder perk. Furthermore, nearly half of respondents said they would hold shares longer if perks improved based on how long they have been shareholders. This can help companies in multiple ways – research carried out by FCLT Global found that companies with a significant long-term shareholder base tend to see positive outcomes, such as higher returns on invested capital and greater allocation toward value-creating investments like R&D. Proxy Voting Participation: A Key Metric Of Engagement In addition to attracting long-term investors, shareholder perks can also play a big role in increasing proxy voting participation. In TiiCKER’s survey, 76% of investors said they would be more likely to vote their proxy if they received shareholder perks or product discounts. This is a win-win situation, as increased participation benefits companies and helps them capture information more efficiently while giving investors a say in company decisions. A significant 73% of respondents further said that receiving a shareholder perk would make them more confident in the company’s management team. Unlocking New Avenues For Investor Engagement The study findings come at a time when retail investor participation in the market has been seeing growth. Despite economic uncertainties, consumer confidence seems relatively strong, and many individuals continue to look to the stock market to reach their financial goals. TiiCKER’s survey reveals that nearly half of adults in the United States own shares in a publicly traded company, with a significant portion of these investors actively seeking new stocks to purchase. Even more interesting is that non-investors could be drawn to invest in companies that offer perks. The research indicates that half of non-investors would be likely to buy stock if it was a brand they love or if they received a shareholder perk. TiiCKER is redefining what it means to be a shareholder and helping transform the relationship between investors and the companies they invest in through tangible perks and exclusive rewards. The company’s approach to shareholder loyalty is not just limited to Fortune 500 consumer brands. Whether it's engaging B2B or B2C audiences, TiiCKER can tailor programs for companies of all sizes – from massive household names to microcap entities like Kolibri Global Energy, Inc (NASDAQ: KGEI). These programs are designed to strengthen the bond between the company and its investors, regardless of industry size or focus, ultimately driving both brand loyalty and shareholder value. To learn more about how TiiCKER can design a dynamic shareholder perks and loyalty program for your company, visit TiiCKER's partner page. Featured photo courtesy of TiiCKER. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 04, 2024 08:50 AM Eastern Daylight Time

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Helping Redefine Medicine: AJNA BioSciences’ Path For FDA-Approved Plant Medicines

Benzinga

By Anthony Termini, Benzinga AJNA Biosciences is currently raising funds to bring its natural solutions to market! Click here for details. Back in the 1960s, a British pharmacologist discovered that aspirin had an effect on blood platelets that could reduce the risk of heart attacks and strokes. Unfortunately for patients, aspirin manufacturers couldn’t say that because of labeling requirements of the U.S. Food and Drug Administration (FDA). While the FDA is a vital part of providing patients and consumers with safe products, there are also more archaic aspects of the administration. Despite the reality that botanical solutions have been around and trusted for thousands of years, botanical or natural drugs have long been excluded from FDA-approval. It was only in 2016 that the Center for Drug Evaluation and Research developed guidelines for new drug applications for botanicals. It described the process pharmaceutical and biotechnology companies should follow to get a botanical drug approved by the FDA. AJNA’s Mission To Bring Natural Options To Market AJNA BioSciences is among the biotech companies seeking FDA approval for its botanical product. The company is working to develop the world’s first FDA-approved full-spectrum cannabinoid drug and a robust pipeline of other plant medicines. However, the path to launching a new FDA-approved drug can be long. According to management consultants McKinsey & Company, it takes about 12 years to bring a drug to market. To optimize the process, McKinsey suggests that drug makers need to be nimble and agile. AJNA BioSciences CEO Joel Stanley points out that “the botanical category is so new that only four FDA-approved botanical drugs exist to date.” Ajna hopes to break the mold and eventually introduce many FDA-approved botanical drugs to the market. “AJNA BioSciences is the first biotech company to be working with botanicals under a DEA Schedule-1 license,” says Joel Stanley, the company’s CEO. This is a significant milestone for the company because FDA approval is a critical component of bringing new drugs to market. Federal law requires that a manufacturer show that the drugs they produce are safe and effective. Additionally, FDA approval helps inform the Centers for Medicare & Medicaid Services, which is a critical step to getting a drug included on insurance reimbursement schedules. The company firmly believes in providing patients with a variety of options that are not only safe but affordable and available through insurance. Another one of AJNA’s goals is to make botanical drugs an accepted component of a physician’s and patient’s routine treatment options. Demand for botanical solutions has been increasing for years, and AJNA’s strategy is to follow the same blueprint as large pharmaceutical companies that bring new drugs to market. Herbal medicine products are not considered a distinct regulatory category in the U.S., unlike Europe or Canada. Instead, a botanical drug is defined by its intended use in the treatment cycle of disease – like all other medicinal drugs. However, until recently, strict regulatory policy blocked the development of prescription drugs made from plants – this has now changed. Obtaining FDA approval helps lead to greater physician advocacy. In other words, doctors have more tools at their disposal to help treat patients and are able to impact positive structural change to evolve treatment options. AJNA is committed to producing natural botanical drugs that have undergone rigorous laboratory and clinical scrutiny to demonstrate that they deliver “nature, backed by science.” Stanley says that this is part of why AJNA is “the first company to receive a plant variety protection patent for cannabis.” The company also understands that FDA approval will make more patients feel comfortable with trying a more unconventional approach to treatment; for patients who have only been exposed to synthetic drugs, botanical drugs may seem unfamiliar, but FDA approval minimizes those hesitations. How Investors Might Evaluate AJNA’s Business AJNA’s mission is to bring natural options to the pharmaceutical industry, and it is bringing a number of proprietary strengths to the proposition. The company reports that it enjoys a wide economic moat that serves as a barrier to potential competitors. Having already raised over $250,000 from a venture capital firm, the company is currently hosting a raise to help further its vision. AJNA has established rigorous research and development processes with a strong team behind it. Its research facilities are registered with the FDA, with scientists from Harvard Medical, Johns Hopkins and NYU. Stanley is also an experienced CEO who has taken a similar company public. Chief Medical Advisor Orrin Devinsky helped obtain the first FDA approval for a cannabis-derived drug. Furthermore, AJNA’s research team has successfully shepherded more than 500 drug applications through the FDA process. While the company is not looking to replace big pharma, it wants to offer patients more solutions. As Stanley points out, “By investing in AJNA, you’re helping to change the healthcare paradigm to include optionality that none of us have ever had. We come from nature, not a lab.” More information is available on the Wefunder website. Featured photo courtesy of AJNA BioSciences. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 04, 2024 08:45 AM Eastern Daylight Time

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Personalized Support And Cutting-Edge Tools: What Sets EdgeClear Apart In Futures Trading

EdgeClear

By Gerelyn Terzo, Benzinga Futures trading is a journey, not just a destination. That’s why choosing a platform on which to trade is just as important as choosing a business partner, as this relationship will play a significant role in your trading journey. One futures broker that seems to stand out from the pack is EdgeClear. We had the pleasure of getting to know EdgeClear recently. Its seasoned management team cares about unleashing every trader’s potential with precision and a personalized touch. Take their customer reviews, for example. EdgeClear has over 200 reviews on Google and has managed to maintain a five-star rating over a four-year period. With reviewers ranging from novices to advanced traders, high satisfaction is a common thread throughout. Customer reviews are one way for traders to learn about the experiences of their peers. One feature that seemed to take many users by surprise is that EdgeClear assigns a personal broker to every trader, whom they get to know on a first-name basis. Customers applaud EdgeClear for the team’s knowledge of the industry, reflecting the technical and practical trading experience that the company brings to the table. Customers also praise the education that the EdgeClear team is able to provide on the process, while also addressing any questions that arise. EdgeClear offers traders a couple of ways to engage with the team, including an online contact form, live online chat or phone support. Customer service is typically responsive, fast and professional. EdgeClear’s pricing includes features such as high transparency, letting traders know of important developments such as CME market data fee increases, and doing so with zero hidden fees. EdgeClear’s Platinum offering is a trading service that gives members access to products that are tailored to their individual needs. With features such as competitive commissions, CME membership consultations, access to a VPN or assistance with Direct Market Access while maintaining rapid execution, Platinum has achieved its own subset of positive reviews on the EdgeClear website. On the regulation side, EdgeClear is regulated by the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). EdgeProX Execution Platform The EdgeProX execution platform gives traders a glimpse into the future of trading. EdgeProX offers features like advanced order flow tools, footprint charts, heat maps and much, much more. Traders have access to a detailed view of market structure and liquidity, paving the way for them to spot opportunities that might otherwise have been overlooked. EdgeProX offers unique customization, allowing you to mold the platform to fit your unique trading style and preferences, enhancing both efficiency and effectiveness in your trading operations. EdgeWatch Analytical Tool Technical analysis is paramount for any futures trader, allowing them to identify trends and respond in a timely way. For traders, the EdgeWatch analytical tool could be likened to having a personal trading analyst by one’s side, helping to capitalize on actionable insights while elevating their trading game. EdgeWatch works with a trader to understand their unique habits so the trader can better analyze their performance and uncover market trends with the aim of making more informed decisions and honing their strategies. Features include: Track Performance: View trading performance in real-time or on a historical basis. Trade Log: Download trades into an Excel spreadsheet journal for a specific date range or in real time. Daily Stats: View profits and losses (P&L) and number of trades each day. Equity Curve: Graph out P&L of trades vs. individual contract P&L. Win/Loss Graph: Graph out the win/loss percentage over any date range. The best part, EdgeWatch is FREE for all EdgeClear customers! EdgeQX Automated Trading EdgeQX is a fully automated strategy that takes advantage of movements with a quantitative formula based on the underlying components of the broader market S&P 500 index. It does this by generating and executing trades in underlying Micro and Mini S&P 500 futures contracts across trade generation, execution and exits. The intraday-only system is operated under an alternative investment Letter of Direction (LOD) program that is traded by EdgeClear. Traders gain the advantage with diversified long and short signals that harness causative logic and machine learning technology. A combination of human oversight and high-tech solutions gives futures traders the best of both worlds. If you’re ready to dive into futures trading, find out how EdgeClear can help you make that dream a reality by visiting their website today. Featured photo by Pexels on Pixabay. A forward-thinking futures broker. Led by industry experts who understand the complexities of trading, Edge Clear combines the best of technology, service and risk control. This content is for informational purposes only and is not intended to be investing advice. EdgeClear compensates Benzinga for their marketing services. Contact Details Max Timmins max@edgeclear.com

September 04, 2024 08:30 AM Eastern Daylight Time

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