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Luftgekühlt Celebrates a Thrilling Tenth Anniversary and Closes Out an Epic 2024!

Luftgekuhlt

To celebrate ten years of the Luftgekühlt event series, focusing on the incredible air-cooled Porsche models and their rich history, the organizers ventured to realize their most ambitious plans to date and enjoyed tremendous success shared with tens of thousands of Porsche fans from around the world. For its tenth season, Luftgekühlt 10 returned to the site of its most memorable event to date to finish the story: Universal Studios Backlot. And The Sequel was even bigger and better than the original. The Luft 10 experience stretched more than a half-mile through the movie sets on the famous Backlot. It incorporated legendary movie locations such as the Court House from Back to the Future, the New York district, Western and Mexico regions, and an entire section that portrayed mid-century Europe. The locations provided the perfect backdrop for Luft’s creative team to present some of the finest air-cooled Porsche road and racing machinery, crafting photographic scenes from around the world. The incredible success of Luft 6 – when the series first took over the Universal Studios Backlot – paired with the promise of an all-new experience made Luft 10 the biggest and most epic event in its ten-year history. More visitors attended than ever before, eager to discover more than 400 cars on display, including a number of legendary “hero” cars strategically placed to provide the perfect photo opportunity. In addition to the main event, the Luftgekühlt team explored new territories in 2024. Taking the show across the Atlantic, they visited Wroclaw in Poland in June and Copenhagen in Denmark in September, recreating the elements that have made Luftgekühlt such a groundbreaking experience for North American audiences. Both European destinations were a huge success, reaching not only enthusiasts from Luft’s previous visits to Germany and the UK in 2018, but also introducing many new enthusiasts to the Porsche brand. A combination of curated “hero” cars, which included some from the Porsche Museum, and registered visitor display cars ensured visitors were exposed to an authentic Luftgekühlt experience on their doorstep. On a smaller scale, the Luft team supported the Porsche Brand Store’s Saturday Tunes event in Stuttgart, Germany on September 28, where a number of historic air-cooled cars were presented in Luftgekühlt style in the center of Porsche’s hometown. The team similarly joined the C hattanooga Motorcar Festival on October 11-13 to showcase a mix of legendary Porsche heritage and motorsport cars in celebration of CMF’s grand marshall; legendary Le Mans, Indycar and F1 driver, David Hobbs. This year, the spotlight fell on the iconic Porsche 935 K4-01 Hobbs drove in the 1982 IMSA GT class. David made a special appearance and joined a panel discussion hosted by Bob Varsha. The event also featured a curated display of enthusiast’s air-cooled Porsches. As if that wasn’t enough, one of the biggest adventures in 2024 for the Luft team was the introduction of its sister-brand, Air|Water. The first ever standalone event took place in Southern California in April after the show had previously existed as an extension of Luft 9 in San Francisco during 2023. While Luftgekühlt is dedicated to the early air-cooled Porsche models, Air|Water embraces both the air- and newer water-cooled Porsche models, allowing fans and owners of every Porsche model to attend and participate. With its inclusive model range and larger venue, Air|Water 2024 surprised visitors and organizers alike with its size and scope, promising a bright future for the new addition to the Luftgekühlt franchise. Throughout its ten years and rapid expansion, Luftgekühlt has been supported by a number of dedicated partners, which have shared the ride and helped make the growth possible. The entire Luft team, led by co-founder Patrick Long and Creative Director Jeff Zwart, would like to thank the partners, fans, followers and car owners for their shared belief; and invite everybody to continue the journey together. Planning for the 2025 season is well underway and the throttle will remain wide open as we race into the new year. More details will be released in due course but Luft fans can look forward to the Holiday Collection, which will be released next month. Sign up to the newsletter at luftgekuhlt.com for the latest updates. EDITOR’S NOTE Images from Luft 10 are available here: dropbox.com/scl/fo/f8dwtwu92d7rpvu9gg2c4/AFdsBxAne49pkofrKpwXkaw?rlkey=pm94tykbpkqyur1njkr8y5h2k&dl=0 Link to Luft 10 recap video: youtu.be/z8EilnSuNW8?si=VRGCDcSSv5D7JCNh ABOUT LUFTGEKÜHLT In the Porsche vernacular, Luftgekühlt represents all the air-cooled cars in the manufacturer’s history, from the Pre-A 356 through the 993 model line, which ended in 1998. A true Porsche happening, Luftgekühlt is an experiential car culture event centered around a tightly curated list of historically significant or interesting cars, both street and race. There is no set formula for our events, but we're excited by cool venues, fun people, and creative expression, so you can bet those elements will always be included. The team strives to develop wild ideas that celebrate the passion we have for all things air-cooled, including exciting collaborations with likeminded people and brands. For more information, visit luftgekuhlt.com ABOUT AIR|WATER From the creators of Luftgekühlt comes the largest single-brand automotive experience to hit Southern California. Embarking on a fresh format that traces Porsche's journey from its inaugural moments to the contemporary masterpieces and most cutting-edge examples of today. For more information, visit air-water.com Contact Details Media Contact media@luftgekuhlt.com Company Website https://luftgekuhlt.com/

October 29, 2024 06:05 AM Pacific Daylight Time

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Mariner Announces Strategic Partnership with Neuberger Berman Capital Solutions

Mariner

Mariner, a leading national financial services firm, announces Neuberger Berman Capital Solutions (NB Capital Solutions) and funds managed by Neuberger Berman Private Markets (NB) have made a significant minority growth investment in the firm. NB joins existing investor Leonard Green & Partners (LGP), which made a minority investment in Mariner in 2021 and will be retaining all its investment in Mariner. Mariner will continue to be led by its Chief Executive Officer and President Marty Bicknell. Mariner is a fast-growing, leading national financial services firm that offers retail and institutional clients a holistic set of wealth advisory solutions spanning financial planning, investment management, retirement planning, estate and tax planning and insurance products. “Mariner is fully committed to building the fiduciary service provider of the future,” said Bicknell. “With this investment and continued partnership, we are confident in our ability to reach new heights in both client service and business expansion as we continue to build a truly holistic financial services firm rooted in the vision of positively impacting the lives of many.” Together with its affiliates, Mariner has more than $245 billion in combined assets under management and advisement. Mariner’s goal remains scaling its national advisor base to 5,000 advisors, a vision that will be achieved through both organic growth—via strategic alliances and referral partnerships—and inorganic growth via strategic acquisitions. The growth capital from NB will help accelerate these efforts, allowing Mariner to further scale its operations and accelerate inorganic growth while staying true to its client-first approach. "We are thrilled to be backing Marty and the exceptional team at Mariner," said David Lyon, Head of NB Capital Solutions. "Marty has built a truly differentiated business that sets the standard for personalized, holistic financial advice. This investment underscores our confidence in Marty's leadership and the entire Mariner team, and we look forward to supporting their continued growth and success as they help more clients achieve their financial goals." Tapping into the capital and strategic support from NB, this growth investment recognizes Mariner’s exceptional position within the wealth management industry, supported by consistently strong net organic growth, advisor recruitment and retention, as well as industry-leading branding efforts. Following the investment, Bicknell will continue to hold majority control of Mariner’s board of directors. NB will receive board representation and LGP, which became Mariner’s first institutional capital partner in 2021, will continue to serve on the board. Each of Mariner’s institutional capital partners further enhances its ability to execute against its aggressive growth goals, serving as a sounding board for new initiatives and adding value through strategic guidance. These relationships will allow Mariner to focus on driving forward its bold vision without compromising operational control or client service standards. Ardea Partners LP served as exclusive financial advisor and Ropes & Gray LLP served as legal advisor to Mariner. Latham & Watkins LLP served as legal advisor to LGP. Cravath, Swaine & Moore LLP served as legal advisor to NB. About Mariner Mariner is a privately held national financial services firm equipped with the experience to meet your modern wealth needs. Our advisors have access to in-house expertise covering everything from tax, estate, trust, and insurance to investment banking and valuation, so they can maximize time spent creating unified wealth plans with clients. By opening more windows of wealth, we create opportunities to positively impact the lives of many. With this purpose, we intend to raise the bar for the entire industry. Founded in 2006 with $300 million in assets under advisement, Mariner and its affiliates now advise on over $245 billion in assets as of 6/30/24. Learn more at www.mariner.com. About NB Capital Solutions NB Capital Solutions provides bespoke capital solutions to private equity-owned companies, enabling sponsors and management teams to achieve long-term strategic objectives. NB Capital Solutions manages ~$8 billion in AUM and has made investments in over 90 companies across its three funds. NB Capital Solutions is part of the Neuberger Berman Private Markets platform, which is a leading global private equity investor with over 35 years of experience that has managed over $115 billion of commitments since inception through June 2024 across various private equity strategies. Its dedicated team of over 400 private markets professionals has a global presence with offices in the United States, Europe and Asia. Over time, our global team has evolved to work in a cohesive and integrated manner across our GP-centric strategies. For more information, please visit www.nbcapitalsolutions.com About LGP Leonard Green & Partners, L.P. (LGP) is a leading private equity investment firm founded in 1989 and based in Los Angeles with over $70 billion of assets under management. The firm partners with experienced management teams and often with founders to invest in market-leading companies. Since inception, LGP has completed over 150 investments in the form of traditional buyouts, going-private transactions, recapitalizations, growth equity, and selective public equity and debt positions. The firm primarily focuses on services, including consumer, healthcare, and business services, as well as distribution and industrials. For more information, please visit www.leonardgreen.com. Contact Details Mariner Remi Yuter RYuter@hotpaperlantern.com NB Capital Solutions / Neuberger Berman Private Markets Alex Samuelson Alexander.samuelson@nb.com Leonard Green & Partners, L.P. (LGP) Leonard Green & Partners, L.P. (LGP) communications@leonardgreen.com Company Website https://www.mariner.com/

October 29, 2024 09:00 AM Eastern Daylight Time

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Aeva Technologies Inks Multi-Year Deal With The Indoor Lab, Growing Its Commercial Momentum And Increasing Revenue Potential

Benzinga

By Meg Flippin, Benzinga In what is further evidence of the growing adoption of Aeva Technologies Inc.'s (NYSE: AEVA) differentiated technology, the maker of advanced FMCW 4D LiDAR sensors inked a multi-year sensor supply deal with The Indoor Lab, a LiDAR perception and analytics solutions company. Indoor Lab operates a LiDAR analytics platform used to improve safety, security and operational efficiency for major U.S. airports, mass transit railways, agriculture, smart infrastructure at theme parks and other large venues across the U.S. and for cities at a broader level, as well. The multi-year agreement marks the first industrial customer production win for Atlas, Aeva’s next-generation 4D LiDAR. Notably, sensor shipments are beginning this month and planned to ramp up in 2025 to support multiple projects at scale, the companies reported. Importantly, this deal can provide increasing near-term revenue opportunity for Aeva ahead of its production launch with Daimler Truck, as well as complement its other production programs such as the one with Nikon and May Mobility. Initially, The Indoor Lab will integrate Aeva’s 4D LiDAR at some of the nation’s largest and most heavy-traffic airports including John F. Kennedy International Airport’s New Terminal One and San Francisco International Airport. The Indoor Lab also plans to use Aeva’s sensors for yet to be disclosed integrations in agriculture and in smart infrastructure at theme parks, cities and other large venues across the U.S. “We have evaluated nearly all time-of-flight 3D LiDAR technologies on the market today and selected Aeva because we see significant advantages in its 4D LiDAR technology,” said Patrick Blattner, founder and CEO of The Indoor Lab. Why Is Aeva Winning In The Market? Aeva’s advanced LiDAR technology uses a low-power continuous laser beam to measure range and velocity at the same time, which it says unlocks new levels of perception by instantaneously discriminating between moving and non-moving points and knowing the precise velocity of objects in motion. The company’s LiDAR technology integrates all key LiDAR components onto a silicon photonics chip in a compact module, which enables a small and scalable solution that the company says opens the door for a variety of automation applications. Under the terms of the deal, Aeva 4D LiDAR will be integrated into The Indoor Lab’s Overwatch Perception Platform, a component of its Enterprise Analytics Suite for Critical Infrastructure. That platform provides data for round-the-clock AI-powered analytics to monitor and manage indoor and outdoor environments. “Aeva is the first to commercialize 4D LiDAR for production at scale and its technology brings crucial advantages to our analytics platform including the addition of instant velocity data and the inherent immunity to sunlight interference,” said Patrick Blattner, founder and CEO of The Indoor Lab. “By selecting Aeva, we have future-proofed our perception analytics platform for critical infrastructure throughout the U.S. and will be able to provide the most comprehensive and advanced solutions for our customers at scale.” Going Beyond The Automotive Market The deal with The Indoor Lab builds on Aeva’s expansion into the industrial and security markets. In late July, Aeva was selected by a top U.S. National Security Organization to help protect critical energy infrastructure sites across the United States. Aeva’s sensors are expected to be the primary detection sensors to protect sensitive locations in various facilities from intrusions, such as water entries and exits and perimeter fences. Aeva says this national defense security organization selected Aeva 4D LiDAR after evaluating multiple sensing technologies, including 3D time-of-flight LiDAR. “Aeva is seeing significant momentum in the market following recent wins in automotive and industrial including our recent selection by a top national defense security organization,” said James Byun, managing director of business development at Aeva. “This key production win with The Indoor Lab solidifies Aeva’s position in the industrial market as the go-to lidar supplier of choice when performance and scalability matter.” It looks like the momentum isn’t ending there for the company. Aeva is also working towards an upcoming launch by the end of 2024 for its industrial metrology and manufacturing automation program with Nikon – the global manufacturer and supplier of metrology and inspection equipment for the industrial automation and metrology markets. Aeva is producing sensors for Nikon industrial machines to inspect objects on manufacturing assembly lines for microscopic defects that can be smaller than the width of a human hair. From protecting the nation’s critical infrastructure to helping large-scale organizations improve manufacturing, safety and efficiency, Aeva is showing how its unique technology is applicable across a diverse range of markets, including automotive, industrial automation, manufacturing and security. With the LiDAR market poised to grow at a CAGR of 19.3% between now and 2030, the company is working hard, making deals and delivering its products to position itself in a leading role in that market growth starting now and through the coming years. Learn more about Aeva Technologies Inc. by checking out its investors deck here. Featured photo by Rocker Sta 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

October 29, 2024 09:00 AM Eastern Daylight Time

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Soccersm Deploys AI-Assisted Prediction Markets on Lisk Protocol

Lisk

Lisk, a leading Layer 2 blockchain dedicated to bringing Ethereum to emerging markets, is announcing its partnership with Soccersm, a decentralized AI prediction markets platform. Soccersm will deploy its AI-assisted prediction markets on the Lisk protocol under a beta program alongside a beta launch of some of its newest features, with plans for a full mainnet launch by the early Q1 2025. Lisk is the first project from the Optimism Superchain to introduce a prediction market on its protocol. Soccersm stands out in the prediction market landscape by integrating AI to assist users in making informed decisions when placing bets. The platform features P2P Betting, also known as Challenge Pools, which is a decentralized betting pool allowing users to stake against each other on the outcome of future events. Additionally, the AI Prediction Agent provides pre-match predictions and recommendations for smarter betting. With over 65,000 users already on its platform, Soccersm is set to leverage Lisk's technology and expand its reach within the thriving Optimism Superchain ecosystem. The platform also offers exciting Casino Games, including the unique Balls Game, Wheel of Treasures, and Raffles, providing fun and profit opportunities for users. "The deployment of Soccersm is a significant step in our evolution,” said Dominic Schwenter, COO of Lisk. “While other platforms have shown the appetite for prediction markets, Lisk will work with the Soccersm team to offer a fully decentralized, permissionless alternative. As a result, we will continue to build a community where users can create and trade prediction markets without relying on centralized intermediaries. I'm excited to see the diverse range of markets our users will establish, from sports outcomes to politics and economic indicators." "We are choosing to deploy exclusively on Lisk because of the protocol's commitment to building in emerging markets like Africa," said Baah Kusi, Co-Founder of Soccersm. "With Lisk, we have greater opportunities to grow and tap into a community eager for innovative prediction market solutions." The partnership between Lisk and Soccersm is poised to drive increased volume and interest in the Lisk ecosystem, providing better access and assistance for individuals looking to participate in prediction markets. For more information, visit Lisk and Soccersm. About Lisk Lisk is a Layer 2 blockchain dedicated to bringing web3 adoption in emerging markets back to Ethereum. By leveraging cost-efficient, scalable, and innovative Layer 2 technology, Lisk enables real-world applications in emerging markets to operate efficiently on Ethereum for the first time. Lisk's founder-focused approach provides a comprehensive ecosystem of startup programs, tooling, seed liquidity, and knowledge bases to support local founders from inception to success. As a long-standing Web3 infrastructure project, Lisk has been contributing towards democratizing blockchain accessibility for developers globally since 2016. As an original member of the Optimism Superchain, Lisk also plays a pivotal role in building the industry’s first truly interoperable supernetwork alongside Optimism, Base, Mode, and Worldchain. For more information, visit us on X and join our network of builders to start building for the real world. About Soccersm Soccersm is a decentralized AI predictions market platform that allows users to stake against each other on the outcome of future events, including crypto prices, politics, football, and pop culture. Users can also access AI predictions and play fun games to win exciting prizes, making the platform unique in the prediction market. With over 65,000 users, Soccersm is poised to revolutionize how prediction markets operate. Contact Details Wahaj Khan wahaj@serotonin.co Company Website https://lisk.com/

October 29, 2024 09:00 AM Eastern Daylight Time

CleanTech Innovator Delivers Long-Range, Safe Battery Tech

Benzinga

By Johnny Rice, Benzinga Dennis Calvert, President & CEO of BioLargo Inc. (OTCQX: BLGO), w as recently a guest on Benzinga’s All-Access. BioLargo is a cleantech and life sciences innovator and engineering services solution provider. Its core products address Per- and Polyfluorinated Substances (PFAS) contamination, achieve advanced water and wastewater treatment, provide safe, long-lasting battery energy storage, control odor and Volatile Organic Compounds (VOCs), improve air quality and control infections and infectious diseases. BioLargo just validated data surrounding its battery technology, Cellinity. The company reports it’s one of the highest-efficiency batteries around and has extremely high energy density. Watch the full interview here: Featured photo by v2osk 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

October 29, 2024 08:50 AM Eastern Daylight Time

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Data Vault, HYPERVSN Team Up To Take On Multi-Billion Dollar Holographic Market Backed By Mark Cuban And Sir Richard Branson With New Next-Gen Solution

Benzinga

By Meg Flippin, Benzinga Data Vault Holdings Inc., which is selling its IP and IT assets to WiSA Technologies Inc. (NASDAQ: WISA), just launched a next-generation hologram product the company says is a step forward in the fields of advertising, signage and live events. Data Vault Holdings developed the product in partnership with HYPERVSN, a provider of holographic solutions which is backed by prominent venture investors including Sir Richard Branson and Mark Cuban. This follows WiSA’s definitive agreement to acquire Data Vault Holdings’ Datavault® and ADIO® IP assets. DVHolo, powered by ADIO, provides businesses with an immersive real-time 3D holographic to sell their products, host concerts and promote brands. Data Vault says DVHolo gives companies 40% longer viewing and engagement time and double the chance of the holographic images being seen compared to 2D digital signage. Meanwhile HYPERVSN reports holographic signage has the potential to boost the product’s sales by as much as 40%. With DVHolo, customers also get access to ADIO’s analytics and reporting capabilities, giving businesses insights into consumer behavior and the campaign's effectiveness. “Unlike traditional advertising, this powerful combination brings an entirely new experience that captures and better retains audience attention, significantly increasing engagement and conversions," said Nathaniel Bradley, co-founder and CEO of Data Vault Holdings. Timing Is Everything This new product suite combines ADIO, which leverages data packets embedded within audio signals to deliver targeted content, with HYPERVSN’s 3D holograms. By synchronizing the audio signals with HYPERVSN’s 3D holographic visuals, the companies say DVHolo offers a fully immersive experience. In addition to serving up ads, DVHolo is designed to broadcast live events in real time, featuring high-definition 3D holograms of presenters, performers or speakers. The launch of DVHolo comes shortly after WiSA Technologies, a provider of immersive wireless sound technology for intelligent devices and next-generation home entertainment systems, entered into a definitive asset purchase agreement to buy Data Vault’s Datavault and ADIO IP and IT assets in a $210 million deal. The deal was inked in September and is expected to close in the first quarter. Once the transaction is complete, WiSA expects to license Datavault’s technology across a broad range of industries, including sports and entertainment, events and venues, restaurants, education and other industries. “This exciting transaction leverages our public company structure, creating a larger, more dynamic entity with broad reach in multiple rapidly growing markets,” Brett Moyer, CEO of WiSA Technologies, said when the deal was announced. “Datavault’s substantial IP portfolio significantly amplifies our spatial audio technology and adds powerful HPC assets.” Bradley will become CEO and Moyer CFO upon the closing of the transaction. The company will also change its name to Datavault Inc. Holographic Market Appears To Be Taking Off DVHolo is launching at a time when the global holographic display market is taking off, driven by advances in laser technology, optics and digital light processing. That has resulted in brighter and more realistic 3D images, reports Global Market Insights. The market research firm expects the holographic market to reach $23 billion by 2032, growing at a CAGR of more than 20% over 2024-2032. Data Vault and HYPERVSN said they are positioned to capitalize on growth by offering a solution that meets the increasing demand for immersive digital experiences across different industries. "HYPERVSN's partnership with Data Vault Holdings allows organizations to extend their reach, engage with larger audiences and maximize impact, without the significant costs typically associated with traditional methods,” said Kiryl Chykeyuk, CEO and Co-Founder of HYPERVSN, which counts Sir Richard Branson and Mark Cuban as investors. “DVHolo's ability to seamlessly integrate content into various platforms ensures that brands can activate and monetize audiences anywhere, anytime, with unparalleled efficiency." Featured photo by Nat 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

October 29, 2024 08:45 AM Eastern Daylight Time

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Navigating Market Volatility: Cboe Launches Options On VIX Futures

Benzinga

By CBOE Cboe Global Markets, Inc. (CBOE: CBOE) is taking the world of options trading by storm. Not only did they recently launch options on Cboe Volatility Index Futures (VX Options), a new solution that offers more choices for expressing directional views and managing equity market volatility exposure, they also just announced at the HOOD Summit in Miami, FL on Oct. 17, that Robinhood customers would be able to trade index options – including Cboe's flagship S&P 500 Index (SPX ® ) options, Cboe Volatility Index (VIX ® ) options, Russell 2000 Index (RUT ® ) options, and Mini SPX (XSP ® ) options – on the brokerage firm's platform. This expands their trading capabilities while also potentially meeting the rising investor demand for options trading. Demand for options trading has risen among retail and institutional investors seeking tools to manage risk and capture market opportunities. As reported by the Options Clearing Corporation, in 2023, total U.S. options volumes exceeded 11 billion contracts, marking the fourth consecutive year of record volumes and a 126% increase since 2019. The average daily volume this year through the third quarter of 2024 was 47 million contracts, an 8% increase compared to the same period last year. Against this backdrop, the launch of Options on Cboe Volatility Index Futures expands Cboe’s ecosystem of tradable volatility products, potentially enabling investors to better understand the volatility in which the market is pricing. Options On Cboe Volatility Index Futures Explained Options on futures are contracts that represent the right, not the obligation, to either buy (go long) or sell (go short) a particular underlying futures contract at a specified price on or before a specified date, the expiration date. Regarding Cboe’s recently launched product, VX Options are options on VX futures. VX futures are cash-settled futures on the Cboe Volatility Index (VIX ® Index) listed for trading on the Cboe Futures Exchange, LLC (CFE). VX Options have European-style exercise, are physically settled, and have PM settlement; most options on futures expire at the close of the market on the last trading day. The VX futures contract that underlies a VX Options contract is the front-month VX futures contract relative to the expiration date of the VX Options contract. The Value Proposition Of Options On Cboe Volatility Index Futures The creation of this new Cboe product provides increased optionality for investors. A primary benefit of this new solution is that it could provide more “mid-curve style” exposure, facilitating a new and different payout profile than what is currently available in the exchange-traded derivatives space. The mid-curve style exposure of VX options will also allow investors to take short-term views on the movement of forward volatility, resulting in a secondary benefit - increased liquidity. This is because VX Options will provide shorter-dated VIX exposure, for which the underlying is the front month VX future, generally the most liquid VX future. In-the-money options are settled into the front-month VIX futures contract which enables more precise delta management. Finally, trading data from VX Options should yield new insights into the volatility-of-volatility term structure, which measures how uncertain the future volatility of an asset's price is expected to be. Having this information thereby enhances risk management efficiency across the entire market. Enhancing The Marketplace With Innovation The launch of Options on Cboe Volatility Index Futures appears to demonstrate innovation within the VIX ecosystem, particularly in enhancing the diversity and efficiency of trading strategies. In speaking about the launch of this new product offering, Catherine Clay, Global Head of Derivatives at Cboe, has stated, “Investors have long utilized VIX options and VIX futures to help hedge and manage volatility exposure, and Cboe is proud to expand our volatility product suite at such a critical time. With its options-on-futures structure, the new Options on VIX Futures will look to meet growing customer demand as Cboe works to provide an efficient and seamless experience to both existing and new CFE market participants. The launch will complement our existing volatility offerings, including the recently launched Cboe S&P 500 Variance futures, and enable more investors with the ability to help manage volatility and risk through the election season and beyond.” As investors become more knowledgeable and sophisticated in using derivative instruments, their demand for products, like Options on Cboe Volatility Index Futures, could continue to increase. To accompany their product innovations, Cboe also has the Cboe Options Institute, which has been a leader in options education for more than 35 years. It has a vast library of resources, including free online courses, webinars, interactive tutorials and insights from top market experts and academics, all tailored to help retail traders – whether beginners or seasoned investors – enhance their understanding of index options and build the knowledge they need to trade confidently. Featured photo by Tyler Prahm 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

October 29, 2024 08:30 AM Eastern Daylight Time

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Global MMA Superstar Conor McGregor Set To Drive Alta Global Group Growth After Ambassador Deal

RazorPitch MMA

Alta Global Group (NYSE:MMA), the premiere tech company on a mission to convert 640 million loyal combat sports fans to participants, has been gaining widespread attention from investors as it appears well positioned for major growth. In what is yet another critical milestone for the company, Alta Global Group (NYSE American: MMA) announced a new brand ambassadorship deal with Conor McGregor, the iconic former UFC superstar. This new deal incentivizes McGregor to assist Alta in any way possible and will potentially see him increase his stake in the company since he will get additional bonus shares as MMA’s stock price moves higher all the way to $20 per share. McGregor, who is known for his unparalleled reach and influence, boasting over 70 million followers across X (formerly Twitter), Instagram, and Facebook, will leverage his extensive fan base to promote Alta's innovative products and programs. As a former UFC Featherweight and Lightweight Champion, the first to hold titles in two weight classes simultaneously, and a former Cage Warriors Featherweight and Lightweight Champion, McGregor's achievements have cemented his status as the biggest pay-per-view draw in MMA history. His fights have consistently broken records, with his bout against Khabib Nurmagomedov at UFC 229 drawing 2.4 million buys and his boxing debut against Floyd Mayweather Jr. garnering over 5.3 million buys illustrating his massive appeal to fans of combat sports. This ties in well with the fact that Alta Global Group (NYSE:MMA) has already amassed its own substantial user base and strong user engagement of about 15 million monthly views and over 5 million social media users. It also currently ranks in the top 3 for ‘MMA’ in global search results. In addition to that, McGregor's contribution to popularizing MMA and the UFC on a global scale is undeniable considering that in 2021 Forbes recognized him as the world's highest-paid athlete, earning $180 million. Nick Langton, Founder and CEO of Alta, remarked, "Conor McGregor’s involvement is a game-changer for Alta Global Group. His legacy and influence in the world of MMA are unmatched. We are honored and thrilled to have his endorsement and support, which will be instrumental in revolutionizing the martial arts and combat sports landscape." That is why McGregor's role will be pivotal in the growth of Alta’s Warrior Training Program and the promotion of Hype, Alta’s all-in-one marketing platform tailored for gyms, coaches, and combat sport participants. He will also play a significant part in promoting Alta’s newly established partnership with UFC Gyms, which will integrate the Warrior Training Program across their network of over 150 gyms worldwide. For context, Hype is like a mini-website builder, a CRM, and a payments processor, all built into one that you can operate from your smartphone. What this platform basically does is that it allows business owners to take their followers from social media apps and funnel them into a platform with more freedom and tools to communicate and monetize without being under the mercy of algorithms. Now add this to the fact that Alta has already built a huge database of over 9000 professional and amateur athlete profiles, 5645+ potential content creator profiles, and 3500+ tutorial libraries. That means that Alta Global Group (NYSE:MMA) is well positioned to provide marketing content, training syllabuses for gyms and coaches, and connect the underlying fans to an opportunity to train either online or inside a gym at one of the company’s gym partners globally. This is a win-win deal for everyone in the ecosystem, as fans interested in participating in the sport can be matched up with a coach and gym easily. Another important thing for investors to note is that Alta is monetizing in a way that the UFC or other large professional promotions don't presently do, which is through fan base participation and could make it a very attractive company in the eyes of these much larger companies in the future. More recently, the company announced that it had sealed a partnership deal with UFC Gym, including their Warrior Training program, which could bring in revenue of at least $7 million annually, illustrating just how substantial this opportunity is. Alta’s market capitalization is about $40 million right now, but there's plenty of room for upside, especially now that McGregor has become the company’s official ambassador based on the kind of social media reach he has. Moreover, according to a recent TechSci Research report, the global combat sports market is set for explosive growth driven by rising global interest in fitness and the widespread adoption of combat sports as a means of physical exercise as consumers realize the health benefits and mental discipline associated with these activities. This market is set to experience robust growth, growing from $8.7 billion in 2023 to about $12.6 billion by 2029, representing a CAGR of 6.5%. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by the company to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details Mark McKelvie +1 585-301-7700 Mark@RazorPitch.com Company Website http://razorpitch.com

October 29, 2024 07:00 AM Eastern Daylight Time

News Release

GovGPT: Revolutionizing Government Contracting with AI-Powered Tools for Smarter, Faster Bidding

Rev Up Marketers

As the government contracting landscape continues to grow in complexity, one platform is redefining how contractors of all sizes navigate and succeed in this competitive market. GovGPT, an innovative AI-powered government contracting assistant, is officially launched and live. This cutting-edge platform is designed to streamline every step of the government contracting process, making it accessible, efficient, and strategic. With features that include real-time data access, smart contract summaries, customizable alerts, and proposal insights, GovGPT is quickly establishing itself as a powerful ally for contractors aiming to secure government contracts. Meeting the Needs of a Rapidly Evolving Marketplace Government contracting has traditionally been dominated by established players who have the resources and personnel to navigate the complex regulations, strict compliance requirements, and time-sensitive bids that define the industry. But with growing support for small and diverse businesses, the federal government is actively encouraging more vendors to engage with federal contracting. GovGPT offers contractors—whether small businesses, mid-sized firms, or even large corporations—a powerful way to streamline their processes and strengthen their bids. "We developed GovGPT to give contractors of all sizes a competitive edge," said Aleya Siyaj, founder and CEO of GovGPT. "Our AI-driven platform simplifies the most challenging aspects of government contracting, from contract discovery to bid strategy. This is about leveling the playing field and helping businesses achieve success, whether they’re established firms or newcomers to government contracting." Key Features that Differentiate GovGPT in the Market GovGPT’s unique features are what set it apart from other government contracting tools currently available. By leveraging artificial intelligence, GovGPT introduces the following tools: Smart Search with Real-Time Data: GovGPT connects directly with SAM.gov and other federal procurement databases, delivering real-time contract information. The platform’s AI-powered search enables contractors to filter and find contracts that precisely match their services or products. Automatic Attachment Reading and Summarization: A highlight feature of GovGPT is its ability to read and summarize contract attachments automatically. This capability is invaluable for contractors needing to process lengthy documents quickly, delivering insights without the manual work. Smart Alerts for Timely Updates: Contractors can set up personalized alerts to receive updates whenever new contracts are posted or existing contracts are modified. This ensures that GovGPT users remain on top of all relevant opportunities, putting them a step ahead of competitors. Proposal Insights and Competitive Edge: Crafting a successful proposal is a highly specialized task. GovGPT’s AI offers strategic guidance, including pricing recommendations and compliance checks, tailored specifically to the requirements of each contract. Enhancing Efficiency and Reducing Costs for Contractors One of the primary goals behind GovGPT is to reduce the manual workload traditionally required in government contracting. With GovGPT’s automated features, contractors can save time on tasks that typically require hours of manual research and data entry. The platform’s intuitive design and AI functionality allow for an end-to-end streamlined contracting experience, making it possible for contractors to focus on what truly matters: delivering value to government agencies. "GovGPT empowers contractors to operate more strategically, which ultimately reduces the costs associated with government contracting," added Siyaj. "By automating time-consuming processes and providing smart, data-driven insights, GovGPT transforms contracting from a daunting task into an achievable goal." Early Success and Expanding Possibilities Already, GovGPT is garnering positive attention from contractors across industries, from cybersecurity firms to construction and professional services providers. Small businesses, in particular, have found GovGPT to be an invaluable resource for competing against larger firms by maximizing efficiency, accessing data in real-time, and leveraging the same level of market intelligence as the major players. As the platform evolves, GovGPT aims to add even more advanced features, including predictive analytics for contract trends and expanded integration with state and local government contracting databases. About GovGPT GovGPT is a next-generation AI-powered platform designed to make government contracting easier, smarter, and more accessible. Founded by Aleya Siyaj, GovGPT leverages advanced artificial intelligence to streamline contract discovery, provide tailored proposal insights, and empower contractors to compete more effectively in the government contracting landscape. With a mission to democratize access to government contracts, GovGPT is committed to supporting contractors of all sizes and backgrounds. For more information on how GovGPT is transforming government contracting, please contact us. Contact Details GovGPT Aleya Siyaj info@gov-gpt.org Company Website https://www.gov-gpt.org/

October 29, 2024 06:31 AM Eastern Daylight Time

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