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As Ukraine fires U.S. missiles, Putin sends a chilling messageTORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) — Rivalry Corp. (the “ ” or “ “) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for digital-first players, is pleased to announce that it has closed the initial tranche of a non-brokered private placement of 12,930,707 units of the Company (the “ “), at a price of $0.15 per Unit, for aggregate gross proceeds of approximately $1.94 million (the “ “). The Company may complete one or more additional closings, for aggregate gross proceeds (together with the proceeds raised under the initial closing) of up to approximately USD$3 million. Unless otherwise noted, all dollar figures are quoted in Canadian dollars. “This initial tranche of our non-brokered private placement was primarily subscribed to by insiders, family and friends, and long-term shareholders,” said Steven Salz, Co-Founder and CEO of Rivalry. “This commitment and demonstration of support is deeply gratifying as we press ahead into a new chapter for the Company.” Each Unit is comprised of one (1) subordinate voting share in the capital of the Company (each, a “ “) and one-half of one (1/2) Subordinate Voting Share purchase warrant (each whole warrant, a “ “). Each Warrant is exercisable into one Subordinate Voting Share in the capital of the Company (each, a “ “) at a price of $0.25 per Warrant Share for a period of 12 months from the date hereof, subject to the Company’s right to accelerate the expiry date of the Warrants upon 30 days’ notice in the event that the closing price of the Subordinate Voting Shares is equal to or exceeds $0.50 on the TSX Venture Exchange (or such other recognized Canadian stock exchange as the Subordinate Voting Shares are primarily traded on) for a period of 10 consecutive trading days. The Company intends to use the proceeds from the Offering for corporate development and general working capital purposes. The Subordinate Voting Shares and Warrants, and any securities issuable upon exercise thereof, are subject to a four-month statutory hold period, in accordance with applicable securities legislation. The Company has paid an aggregate of $14,953.74 in finder’s fees in connection with the closing of the first tranche of the Offering. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “ “), or any applicable state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws, or an exemption from such registration requirements is available. 1,333,300 Units were issued to Steven Isenberg, a director of the Company and a “related party” (within the meaning of Multilateral Instrument 61-101 – (“ “)) and such issuance is considered a “related party transaction” for the purposes of MI 61-101. Such related party transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the securities being issued to the related parties nor the consideration being paid by the related parties exceeded 25% of the Company’s market capitalization. The purchasers of the Units and the extent of such participation were not finalized until shortly prior to the completion of the Offering. Accordingly, it was not possible to publicly disclose details of the nature and extent of related party participation in the transactions contemplated hereby pursuant to a material change report filed at least 21 days prior to the completion of such transactions. Rivalry Corp. wholly owns and operates , a leading sport betting and media company offering fully regulated online wagering on esports, traditional sports, and casino for the digital generation. Based in Toronto, Rivalry operates a global team in more than 20 countries and growing. Rivalry Limited has held an Isle of Man license since 2018, considered one of the premier online gambling jurisdictions, as well as an internet gaming registration in Ontario, and is currently in the process of obtaining additional country licenses. With world class creative execution and brand positioning in online culture, a native crypto token, and demonstrated market leadership among digital-first users Rivalry is shaping the future of online gambling for a generation born on the internet. Steven Salz, Co-founder & CEO ss@rivalry.com 416-565-4713 investors@rivalry.com Cody Luongo, Head of Communications cody@rivalry.com 203-947-1936 This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking statements are based on the opinions and estimates of management of the Company at the date the statements are made based on information then available to the Company. Various factors and assumptions are applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements. Forward-looking statements are subject to and involve a number of known and unknown, variables, risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such factors, among other things, include regulatory or political change such as changes in applicable laws and regulations; the ability to obtain and maintain required licenses; the esports and sports betting industry being a heavily regulated industry; the complex and evolving regulatory environment for the online gaming and online gambling industry; the success of esports and other betting products are not guaranteed; changes in public perception of the esports and online gambling industry; failure to retain or add customers; the Company having a limited operating history; negative cash flow from operations; operational risks; cybersecurity risks; reliance on management; reliance on third parties and third-party networks; exchange rate risks; risks related to cryptocurrency transactions; risk of intellectual property infringement or invalid claims; the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and general economic, market and business conditions. For additional risks, please see the Company’s MD&A dated April 30, 2024 and other disclosure documents available on SEDAR+ at www.sedarplus.ca. No assurance can be given that the expectations reflected in forward-looking statements will prove to be correct. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Source: Rivalry Corp.

ATLANTA , Nov. 26, 2024 /PRNewswire/ -- Atomic-6 was recently awarded a Tactical Funding Increase (TACFI) to further develop its revolutionary Space ArmorTM shielding tiles and complete testing qualification for first flight. Designed to minimize shielding mass, stowage space, post-impact ejecta, and mission risk, Space ArmorTM provides vital protection for space assets against space debris and kinetic energy weapons while offering optional radio frequency permeable capabilities. This innovative technology is essential for maintaining the United States' competitive edge in space operations, a concern that has been increasingly emphasized by Pentagon officials and lawmakers. In NASA's recent study on the economic advantages of safeguarding satellites from orbital debris, the findings suggest potential net benefits exceeding $50 billion over the next 30 years. To meet this demand, Space ArmorTM offers two levels of protection: Lite and Max. "Space ArmorTM Lite" is designed to withstand impacts from debris up to 3mm, which accounts for over 90% of debris in low earth orbit, while "Space ArmorTM Max" is designed to withstand impacts from debris up to 12.5mm. This productized approach allows for tailored protection strategies, ensuring both cost-effectiveness and critical defense against varying sizes of debris. The TACFI award, along with matching funds from outside investors, paves the way for Atomic-6 to take Space ArmorTM from prototype to full product line with added variations and capabilities to meet market and customer demand. Atomic-6 is committed to the safety, sustainability, performance and affordability of future space endeavors. Space ArmorTM is the latest of several Atomic-6 innovations to reinforce their mission and provide the US military, Allies, and commercial space operators with the strategic edge necessary to reduce mission risk and protect space assets. Contact Us for RFPs To learn more about Space ArmorTM, other Atomic-6 innovations, and/or submit a Request for Proposal (RFP), please contact our team at [email protected] . About Atomic-6 Atomic-6 is revolutionizing mobility in space, air, land, and sea by rapidly designing and manufacturing the world's finest composite solutions. Everything we touch gets lighter, stronger, and smarter. Visit our website atomic-6.com or contact us directly to learn more. Media Inquiries Atomic-6, Inc. [email protected] SOURCE Atomic-6

The end or a new dawn? Most recently, US presidential elections demonstrated how AI has amplified partisan split Ever since Francis Fukuyama proclaimed the triumph of liberalism following the collapse of the Soviet Union – the so-called ‘red peril’ – many around the world celebrated liberalism as the ultimate victor over the ideological challenge posed by communism. Rooted in Hegelian ideals, the prophetic rhythm of Fukuyama’s canonical ‘The End of History and the Last Man’ presented the liberal notions of individual liberty and the free market as a divine apex of human civilisation. However, the headwinds of Artificial Intelligence (AI) have challenged these notions by giving rise to algorithmic control at the expense of individual liberties and decision-making autonomy. Classical liberals, notably Adam Smith, viewed individuals as indispensable drivers of the liberal economic engine. However, with the deep integration of AI into the capitalist market economy, the role of human involvement at the socioeconomic level is being fundamentally redefined. As evidenced in the World Economic Forum’s report, AI is seemingly poised to wipe out 83 million jobs while creating 63 million with a net deficit of 14 million by 2028. From data entry to managerial roles, more than 3000 sectors are likely to be gulped by the transformative impact of AI algorithms. Similar trends were highlighted in a PEW Research report, which cautioned about AI’s groundbreaking potential to undermine human agency by prioritising algorithm-driven tools. On top of that, technological advancement in AI threatens democratic processes and electoral integrity through the spread of manipulated content. As noted by the Global Risk Report 2024, AI-powered misinformation was regarded as a topmost threat in the global risk landscape. Most recently, the US presidential elections demonstrated how AI has amplified the partisan split through turbocharged deepfakes and satire. A notable instance was Elon Musk’s posting of a deepfake visual, which showed Kamala Harris rejoicing in Biden’s decision to withdraw his candidacy, and crowning herself a ‘diversity hire.’ Although quickly debunked, the visual garnered 137 million views, showcasing AI’s power to enable large-scale political manipulation. Advancements in AI have enabled malicious actors to undermine democratic trust and accountability, necessitating a reevaluation of Fukuyama’s assertion that democracy represents the ultimate endpoint of human civilisation. While his thesis highlighted liberalism’s triumph over fascism and communism, it did not anticipate the emerging threat posed by AI algorithms in eroding individual autonomy within democratic systems. Tools like chatbots, digital holograms, and deepfakes have infiltrated electoral and political processes, jeopardising the foundational principles of liberal philosophy – individual liberty, democratic freedom, accountability, and informed consent. The concentration of information within a few tech giants increasingly undermines Abraham Lincoln’s celebrated maxim: 'government of the people, by the people, for the people’. Instead, it is giving rise to a system where a small group of digital titans controls vast amounts of information, consolidating power in the hands of the few. To survive this algorithmic tsunami, democratic societies must enact effective checks to protect liberal democratic values. Ensuring vigorous governance is a prerequisite to maintaining democratic trust, attribution, accountability, and individual involvement in political procedures. As one analyst noted, integrating human oversight is crucial to ensure that intelligent systems are not only technically competent but also aligned with ethical and social codes. In other words, making citizens effective stakeholders is vital to ensure the perseverance of individual autonomy and forging trust between technology and society. Liberal democracies have shown resilience to external and internal shockwaves through multiple ebbs and flows of history. The onus is now on governments to exhibit a symbiotic evolution to navigate the choppy waters of technological progress and political uncertainty. To say the least, it requires the creation of an AI-ordered new social contract by situating it in the existing political and governance frameworks. Regardless of the path taken, one thing is certain: if not regulated, AI is prone to trigger a new ‘end of history’. The real question is: amid the pulse of the digital age, who will assume the role of Fukuyama in reorienting the liberal political compass to navigate the tsunami of algorithms, steering it toward a tranquil beach? The writer is a research assistant at the Centre for Aerospace & Security Studies, Islamabad. He can be reached at: cass.thinkers@casstt.com

Jailed without hope: Ministers block 128 prisoners on indefinite jail terms from moving to open conditionsThe upcoming week will be a busy one in the stock market with six new IPOs opening for subscription. All the offerings are from the SME sector, as no new IPOs are lined up in the mainboard segment. Meanwhile, four firms including Enviro Infra Engineers and NTPC Green are gearing up to list their shares after their recent issues. Rajesh Power Services to launch ₹167 crore IPO The first IPO of the week is from Rajesh Power Services, a company that provides consultancy services to state transmission and distribution firms, and private utilities and industries. The company's ₹167 crore IPO will open for subscription on November 25 and close on November 27. The price band for the offering has been fixed between ₹319-335 per share. Rajputana Biodiesel announces fresh equity sale Rajputana Biodiesel, a supplier of biofuels and their by-products, will launch its IPO on November 26. The issue, which will close on November 28, is an entirely fresh equity sale of 19 lakh shares. The company has priced its shares in the range of ₹123-130 per stock, with investors being able to bid for a minimum of 1,000 shares in one lot. Abha Power and Steel, Apex Ecotech prepare for IPOs Maker of iron and steel products, Abha Power and Steel will launch its IPO on November 27. The issue will close on November 29 with shares priced at ₹75 apiece. On the same day, Apex Ecotech will also open its IPO for subscription. The company, which provides water and wastewater treatment solutions, has priced its shares at ₹73 at the upper end of the price band. Agarwal Toughened Glass, Ganesh Infraworld announce IPOs Agarwal Toughened Glass will launch its IPO on November 28 with shares priced at ₹108 at the top end of the price band. On December 3, Ganesh Infraworld will open its IPO for subscription. The company's shares have been priced at ₹83 apiece. These two offerings will be the last new IPOs in the SME segment for the coming week.

Long-awaited legislation to abolish England's "feudal" leasehold property system will be published in the second half of next year, the government has confirmed in a major update for the millions of people affected. In a Written Ministerial Statement (WMS), housing minister Matthew Pennycook gave the first details of how quickly Labour intend to axe the controversial form of homeownership, as promised in their manifesto. Politics Live: PM and defence secretary issue warnings over Ukraine war The minister said there will be a consultation and white paper early next year to get the plan in motion, with the aim to make commonhold "the default tenure" by the end of parliament in 2029. The news has drawn a mixed reaction from those caught up in the system, with some hailing an end in sight and others saying it is too little too late. What is leasehold? Leasehold is a centuries-old form of tenure that is unique to England and Wales. People who buy their home with a lease buy the right to live there for a given number of years but don't own the land itself, regardless of whether it is a house, or a flat in a building. That is the reserve of the freeholder, who can charge expensive ground rents simply for owning the land, as well as service charges for the maintenance and insurance of the properties. There have long been concerns around leaseholders being exploited, especially by unregulated managing agents who are typically contracted to oversee the day-to-day running of buildings and can charge large fees on any works they arrange. Advertisement Please use Chrome browser for a more accessible video player 0:44 Michael Gove in 2023: Leasehold 'unfair form of property ownership'. Criticism intensified after the building safety scandal that emerged post-Grenfell with many homeowners facing crippling bills for remediation, leaving them stuck in worthless properties they cannot sell. Read More: Pensioner, 90, hit with £17k increase in ground rent 'Buying a flat... Faye BrownSPOTLIGHT | MUSK AND TRUMP Elon Musk is easily the world's wealthiest man, with a net worth topping $300 billion. But even he stands to make more money from his association with the federal government after placing a winning bet on Donald Trump's election to the presidency. "It's going to be a golden era for Musk with Trump in the White House," Wedbush Securities analyst Dan Ives said. Musk's aerospace company SpaceX received billions of dollars in federal contracts, and could be in line for more, while his five other businesses could gain from a lighter regulatory touch. Trump named Musk to cohead a new Department of Government Efficiency, or DOGE — a nod to the cryptocurrency Musk adores. However, federal law bars executive branch employees, which can include unpaid consultants, from participating in government matters that will affect their financial interests, unless they divest of their interests or recuse themselves. Trump's transition team has sought a work-around, saying he would "provide advice and guidance from outside of Government" with the work concluding by July 2026, according to a news release. Richard Painter, a University of Minnesota Law School professor and former chief White House ethics lawyer, said that if Musk is truly working outside the government he doesn't have to sell his assets, but that limits his influence. "He can make recommendations, but ultimately the decisions are made by government officials," Painter said. Trump's campaign and Musk's companies didn't respond to requests for comment. Here's how Musk could benefit from Trump's presidency. SpaceX If there's one Musk business that could profit the most from the incoming Trump administration, it's SpaceX. The company, which announced this year it would move its headquarters from California to Texas, already received at least $21 billion in federal funds since its 2002 founding, according to government contracting research firm The Pulse. That includes contracts for launching military satellites, servicing the International Space Station and building a lunar lander. However, that figure could be dwarfed by a federal initiative to fund a Mars mission, which is the stated goal of SpaceX. "Elon Musk is wealthy, but he's not wealthy enough to completely fund humans to Mars. It needs to be a public/private partnership, because of the tens of billions of dollars that this would cost, or even hundreds of billions dollars," said Laura Forczyk, executive director of space industry consulting firm Astralytical. SpaceX already made big strides testing Musk's Starship rocket, the most powerful ever built. NASA envisions employing the rocket in its Artemis program to return humans to the moon, but it has been designed to have enough thrust to propel a spacecraft to Mars. What's more, Trump, during his first presidency, speculated on Twitter about why the United States was focusing on the moon instead of Mars. Still, there are technical challenges, with SpaceX yet to complete the $4 billion Starship lunar lander, which would have to be modified for Mars. And without a pressing geopolitical threat, Congress may be unwilling to spend more on space exploration, as it did during the 1960s with the Apollo program, Forczyk said. Should a Mars project not materialize, SpaceX could still reap rewards in the next four years. For example, the Federal Communications Commission denied SpaceX nearly $900 million in federal subsidies to provide rural broadband access through its Starlink satellite network. Under new FCC leadership, Forczyk sees that being reversed. Tesla Trump's policies could reduce the sales of electric vehicles, but with Musk's influence, his administration's policies could boost Tesla — though not with federal funding. For example, Trump, who tempered criticism of electric vehicles after Musk backed him, might end a $7,500 tax credit for electric vehicles. That would hurt Tesla's unprofitable rivals that rely more on the tax credits to lure customers. "Tesla is the only automaker that has the scale and scope to price vehicles in a $30,000-to$40,000 range and make significant profits," Ives said. "It would essentially take competition out of the market." Trump's Republican administration also is considering imposing tariffs on Mexico and China, which could make cars more expensive. Ives said he expects Trump to make exceptions for Tesla and Apple so they're not hit by a tax on imported goods. Tesla receives only a smattering of federal contracts, according to USAspending.gov , a database that tracks U.S. government spending. This year, Tesla received at least $2.8 million from the Pennsylvania Department of Transportation through a federally funded program to deploy EV charging stations. xAI and X Musk's startup xAI doesn't appear to have federal government contracts, but artificial intelligence companies could benefit in other ways under Trump. Republicans and Musk have expressed support for cutting regulation to fuel AI innovation, a crucial part of the future of tech companies. But Musk has also warned that AI could pose a threat to humanity, and it's unclear how Trump plans to address potential safety risks that come with technology including fraud, bias and disinformation. X, formerly known as Twitter, served as an online megaphone for Musk, who constantly shared his support for Trump during the election season. The social media site, which recently relocated its San Francisco headquarters to Texas, doesn't appear to have any federal government contracts, but X could benefit from policy changes that affect its rivals such as Meta and TikTok. Musk, who has declared himself a "free speech absolutist," recently shared an old Trump video with the words "YES!" In the video from 2022, Trump says he would change Section 230, a law that shields platforms from liability for user-generated content. Platforms would qualify for immunity only if the companies "meet high standards of neutrality, transparency, fairness and nondiscrimination," Trump said. The Boring Co. Fed up with Los Angeles traffic, Elon Musk launched The Boring Co. with two tweets in 2016, promising "to build a tunnel boring machine and just start digging." The Bastrop, Texas, company, formerly headquartered in Hawthorne, has completed a 1.7-mile loop under the Las Vegas Convention Center and is building a larger citywide loop — both without federal funding. Projects in some other cities didn't get past the proposal stages. However, at Trump's urging, congressional representatives could earmark local transportation projects to the benefit of Boring Co., though the company would still have to compete to win them, said Greg Griffin, a former urban planning professor at the University of Texas at San Antonio, who studied that city's proposed Boring Co. project. Neuralink Controlling robotic limbs. Seeing without eyes. Those are the kinds of miraculous advances Musk's Neuralink startup has been trying to achieve. The Fremont, California, company he co-founded in 2016 doesn't receive federal money, but its technology and clinical trails are regulated by the Food and Drug Administration. The more hands-off approach favored by Trump could aid such medical device developers. "We're concerned that regulation in general in the FDA will be weakened under the second Trump administration, and particularly concerned about medical devices," said Dr. Robert Steinbrook, health research group director for the consumer rights group Public Citizen. Get local news delivered to your inbox!

In keeping with a long-standing Thanksgiving tradition, President Joe Biden recently pardoned a pair of turkeys . During a ceremony at the White House, the birds — named Peach and Blossom — were spared from the dinner table and given a new lease on life. While it was an act of pure political pageantry, it highlights the president’s expansive pardon powers — which could be used liberally during his final two months in office. Historically, presidents have issued numerous pardons during their lame duck periods, including quite a few that have raised eyebrows. Here is what to know about presidential pardons. Article II of the Constitution enables the president to grant clemency for any federal crime, according to a Congressional Research Service (CRS) report. This authority is rooted in an old English law that permits monarchs to bestow mercy on criminals. “The president’s power to pardon is astronomical,” Taylor Stoermer, a historian at Johns Hopkins University, told McClatchy News. “The Constitution doesn’t even require an explanation. The only real limits are that it doesn’t apply to state crimes or impeachment cases.” “So the president can grant full pardons, commute sentences, or even offer amnesty, on an individual basis or for an entire class of people,” Stoermer said. Most presidents have issued numerous acts of clemency throughout their terms in office, according to historians. For example, Donald Trump, during his first term, granted 143 pardons and 94 commutations, according to the Pew Research Center. During Barack Obama’s eight years in office, he issued 212 pardons and 1,715 commutations. Among the commutations granted by both men were multiple that concerned low-level drug offenses , such as possession of marijuana. However, these acts of clemency have not typically been distributed evenly throughout a president’s tenure. Since 1945, every president — with the exception of Lyndon Johnson — granted clemency at a higher rate during the last four months of their terms, according to CRS. For example, Obama granted an average of 296 acts of clemency per month during his final four months in office, compared with an average of eight per month before that. Similarly, Trump issued an average of 50 per month during the last four months compared with an average of one per month before that. “Trump certainly kept to that pattern, and I would not be surprised if Biden does as well,” Thomas Balcerski, a presidential historian at Eastern Connecticut State University, told McClatchy News. Additionally, these 11th hour acts of mercy tend to be the most controversial ones. “Most save the big, bold pardons for the end of their terms,” Stoermer said. “And because exactly why you’d think: No voters to answer to.” Throughout history, presidents have issued a fair number of pardons, commutations and acts of amnesty that have received widespread scrutiny. “The most famous, of course, is Gerald Ford’s pardoning of Richard Nixon,” Vernon Burton, an emeritus history professor at Clemson University, told McClatchy News. In September 1974, following the Watergate scandal and Nixon’s resignation, Ford issued a full pardon for any crimes Nixon “committed or may have committed” against the United States. Jimmy Carter also took flak for pardoning “all of the Vietnam War draft dodgers,” Burton said. “That was huge.” This pardon, issued on Carter’s first day in office in 1977, applied to roughly 100,000 military-age men who avoided going to war , according to Politico. “Then there’s George H.W. Bush pardoning key players in Iran-Contra,” Stoermer said. With less than one month until he left office, Bush pardoned six people , including a former secretary of defense, wrapped up in the illegal arms scandal. More recently, Obama reduced the sentence of Oscar Lopez Rivera, a Puerto Rican activist whose political organization was responsible for dozens of robberies and bombings in the U.S. And Trump preemptively pardoned adviser Steven Bannon, who was charged with bilking donors out of money they gave toward the construction of a border wall. “These kinds of moves show how the pardon power can get tangled up in political strategy or personal connections—and that’s what makes it fascinating (or infuriating) to watch,” Stoermer said. Given that Biden’s son Hunter Biden has been convicted of felony offenses , some have wondered whether he will issue a pardon before he leaves office. “Would he pardon Hunter Biden? That’d be quite something,” Balcerski said. “There is some precedent.” On his last day in office, President Bill Clinton issued a pardon for his half-brother Roger Clinton, who had pleaded guilty to a cocaine distribution charge. “That was slightly less impactful because Roger Clinton had already served the time,” Stoermer said. “So that was mostly about clearing his record than dodging accountability.” Joe Biden, though, has said he has no plans to grant clemency to his son. Trump could break with long-standing tradition of issuing controversial pardons at the end of his term, historians said. The president-elect has vowed to pardon some of the people convicted of participating in the Jan. 6, 2021, Capitol riot on his first day in office. “I am inclined to pardon many of them ,” he wrote on social media in March, according to ABC News. Throughout the country, about 1,500 people have been charged in connection with the riot, including about 547 who were charged with “assaulting, resisting, or impeding officers or employees.” “It wouldn’t be surprising to see an unprecedented wave of pardons right out of the gate, particularly for January 6 rioters,” Stoermer said. “That would take the use of the pardon power into completely uncharted territory.” “Of course, there is a precedent: Carter’s first-day pardon of draft evaders of the Vietnam era,” Stoermer said. “That applied to hundreds of thousands of people. But that’s not quite the same as a coup.”Banihal/Bhaderwah (J-K), Dec 28 (PTI) Stuck in snow, while many sulked, some chose to allay their hardships by playing cricket inside the out-of-bounds 8.5-km Navyug Tunnel in Kashmir. Heavy snowfall has stranded hundreds of commuters on the Jammu-Srinagar national highway. Many spent the night inside their vehicles in the freezing temperature and demanded a fast reopening of the arterial road. The cold, however, failed to dampen certain sturdy spirits who warmed up with a good game of cricket inside the Navyug Tunnel that connects Banihal town in Ramban district of Jammu region with Qazigund in south Kashmir’s Anantnag district. A video of the scene showed up on social media and was shared widely. Authorities on Saturday pressed men and machinery to ensure early reopening of the highway – the only all-weather road linking Kashmir with the rest of the country. The highway was closed down for vehicular traffic late Friday evening after the heavy snowfall – this season’s first – rendered the road slippery. Ramban Deputy Commissioner Baseer-ul-Haq Chaudhary along with Senior Superintendent of Police Kulbir Singh visited Banihal to take stock of the situation. Many tourists had to spend the night inside their vehicles in the freezing temperatures. Lakhpat Behal, a tourist from Chandigarh, said they reached the tunnel around 7 pm on Friday and were not allowed to move forward. “We have been waiting in our vehicles for more than 20 hours, waiting for clearance from the authorities,” he told PTI near the Navyug tunnel. A newlywed couple from Mumbai was also forced to spend the night in the vehicle. “The policemen asked us to return from the tunnel while we were heading for Kashmir but there were no hotels for accommodation...It is a nightmare to stay in the vehicle for 20 hours with no information when the road is going to be thrown open,” the husband, who wished not to be named, said. Tourists from Sangrur-Punjab and Madhya Pradesh said their dream visit to Kashmir turned horrendous for them. “We had decided to visit Kashmir on New Year to enjoy snow. We did enjoy the snowfall but faced a lot of trouble. We were concerned for our children who had to spend the night in the vehicle,” Yasmeena, who was accompanied by two children and three more family members, said. Ramban, along with adjoining Doda and Kishtwar districts, experienced the first major snowfall overnight, much to the delight of the locals, especially agriculturalists and those associated with the tourism industry. The snowfall not only ended the nearly two-and-a-half months dry spell in the Chenab Valley region but also turned Bhaderwah, Bhallessa, Doda and Kishtwar towns white after a gap of two years. PTI COR TAS TAS VN VN This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );IRVING, Texas , Nov. 26, 2024 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn") announced today that it has commenced a $10.0 million fully backstopped registered equity rights offering (the "Rights Offering"), pursuant to which the Company is expected to receive aggregate gross proceeds of $10.0 million , less expenses related to the Rights Offering. The Company intends to use the proceeds from the Rights Offering for general corporate purposes which may include repayment of the Company's convertible senior 6.75% promissory notes due January 1, 2025 . The proceeds raised will also satisfy, in part, the additional capital financing obligations of the Company pursuant to a recent amendment to the Company's credit agreement with Oaktree. The Company is distributing at no charge to the holders of (i) its Class A common stock, par value $0.001 per share (the "Class A common stock"), and (ii) Class B common stock, par value $0.001 per share (the "Class B common stock" and, together with the Class A common stock, the "common stock"), in each case as of the close of business on November 25, 2024 (the "Record Date"), non-transferable subscription rights (the "Subscription Rights") to purchase up to 2,392,344 shares of Class B common stock at price of $4.18 per share (the "Subscription Price"). The aggregate subscription value of all shares of Class B common stock available for purchase in the Rights Offering is $10.0 million . Each holder of common stock as of the Record Date (each, an "Eligible Stockholder") will receive one Subscription Right for each share of the common stock owned as of the Record Date. Each Subscription Right entitles the holder to purchase 0.0677 shares of Class B common stock. The Company will not issue any fractional shares of Class B common stock in the Rights Offering. Instead, the Company will round down the aggregate number of shares of Class B common stock the Eligible Stockholders are entitled to receive to the nearest whole number. Accordingly, as each Subscription Right represents the right to purchase 0.0677 shares of Class B common stock, an Eligible Stockholder must hold at least 15 shares of Class A common stock or Class B common stock to receive sufficient Subscription Rights to purchase at least one share of Class B common stock in the Rights Offering. Eligible Stockholders will not be entitled to exercise an over-subscription privilege to purchase additional shares of Class B common stock that may remain unsubscribed as a result of any unexercised Subscription Rights. The Subscription Rights will expire and will have no value if they are not exercised prior to 5:00 p.m. Eastern Time , on the expiration time for the Rights Offering (the "Expiration Time"), which is currently expected to be 5:00 p.m. Eastern time on December 12, 2024 , unless the Company, in its sole discretion, extends the period for exercising the Subscription Rights. Subject to the terms and conditions of the Support and Standby Purchase Agreement (defined below), the Company reserves the right to cancel, terminate, amend, or extend the Rights Offering at any time prior to the Expiration Time. On November 26 , 2024, the Company entered into a support and standby purchase agreement (the "Support and Standby Purchase Agreement") with Stone House Capital Management, LLC, which is a holder of Class B common stock and is managed by Mark Cohen , a member of the board of directors of the Company (together with its affiliates, the "Standby Purchaser"), and Mark Tkach and William Coulter , each of whom is a holder of the Class B common stock and a member of the board of directors of the Company (collectively, the "Support Purchasers" and, together with the Standby Purchaser, the "Investors"). The Support and Standby Purchase Agreement provides, among other things, that (i) the Standby Purchaser will purchase from the Company in a private placement any shares of Class B common stock included in the Rights Offering that are not subscribed for and purchased by Eligible Stockholders (collectively, the "Backstop Securities") for the same per share Subscription Price payable by the Eligible Stockholders electing to exercise their Subscription Rights in the Rights Offering; and (ii) each Support Purchaser will exercise all of his respective Subscription Rights in full prior to the Expiration Time. Other Important Information The Subscription Rights will not be listed for trading on any stock exchange or market. Therefore, there will be no public market for the Subscription Rights. However, the shares of Class B common stock issued upon the exercise of the Subscription Rights will remain listed on The Nasdaq Capital Market of the Nasdaq Stock Market LLC under the symbol "RMBL." The Company expects that Broadridge Corporate Issuer Solutions, LLC, the subscription and information agent for the Rights Offering, will distribute subscription documents for the Rights Offering to Eligible Stockholders beginning on or about November 26, 2024 . Holders of shares of common stock held in "street name" through a brokerage account, bank or other nominee should contact their broker, bank or other nominee for details regarding participation in the Rights Offering. For any questions or further information about the Rights Offering, please contact the information agent, at (888) 789-8409 (Toll-Free), or via email at shareholder@broadridge.com . Neither the Company nor its board of directors has made or will make any recommendation to holders regarding participation in the Rights Offering. Holders should make an independent investment decision about whether to participate in the Rights Offering based on their own assessment of the Company's business and the Rights Offering. The offering of the Class B common stock pursuant to the Rights Offering is being made pursuant to the Company's existing effective shelf registration statement on Form S-3 (Reg. No. 333-281862) on file with the Securities and Exchange Commission (the "SEC") and a prospectus supplement (and the accompanying base prospectus) filed with the SEC on the date hereof. The information in this press release is not complete and is subject to change. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of such state or jurisdiction. The Rights Offering will be made only by means of the prospectus supplement (and the accompanying base prospectus) filed with the SEC on the date hereof. About RumbleOn RumbleOn, Inc. (NASDAQ: RMBL), operates through two operating segments: our Powersports dealership group and Wholesale Express, LLC, an asset-light transportation services provider focused on the automotive industry. Our Powersports group is the largest powersports retail group in the United States (as measured by reported revenue, major unit sales and dealership locations), offering over 500 powersports franchises representing 50 different brands of products. Our Powersports group sells a wide selection of new and pre-owned products, including parts, apparel, accessories, finance & insurance products and services, and aftermarket products. We are the largest purchaser of pre-owned powersports vehicles in the United States and utilize RideNow's Cash Offer to acquire vehicles directly from consumers. For more information on RumbleOn, please visit rumbleon.com . Cautionary Note on Forward-Looking Statements The Company's press release contains statements that constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, those regarding the Company's plans to launch a Rights Offering, the anticipated final terms, timing and completion of the proposed Rights Offering, and the use of proceeds from the proposed Rights Offering. Forward-looking statements generally can be identified by words such as "anticipates," "believes," "continues," "could," "estimates," "expects," "intends," "hopes," "may," "plan," "possible," "potential," "predicts," "projects," "should," "targets," "would" and similar expressions, although not all forward-looking statements contain these identifying words. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from current expectations and beliefs, including, but not limited to, risks and uncertainties related to: whether the proposed transactions will be completed in a timely manner, or at all; the risk that all of the closing conditions for the proposed Rights Offering are not satisfied; the occurrence of any event, change or other circumstance that could cause the Company not to proceed with the Rights Offering; the determination of the final terms of the proposed Rights Offering; the satisfaction of customary closing conditions related to the proposed Rights Offering; risks related to the diversion of management's attention from RumbleOn's ongoing business operations; the impact of general economic, industry or political conditions in the United States or internationally, as well as the other risk factors set forth under the caption "Risk Factors" in the registration statement, as amended, and in RumbleOn's Annual Report for the year ended December 31, 2023 and Quarterly Reports on Form 10-Q for the quarters ended March 30, 2024 , June 30, 2024 and September 30, 2024 and in any other subsequent filings made with the SEC by RumbleOn. There can be no assurance that RumbleOn will be able to complete the proposed Rights Offering on the anticipated terms, or at all. Any forward-looking statements contained in this press release speak only as of the date hereof, and RumbleOn specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. View original content to download multimedia: https://www.prnewswire.com/news-releases/rumbleon-announces-commencement-of-10-0-million-fully-backstopped-registered-rights-offering-302316964.html SOURCE RumbleOn

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has responded to swirling online speculation that was paid significantly more than for their roles in , the highly anticipated film adaptation of the . Wicked pay disparity rumors debunked Rumors had emerged on social media, with claims that , who stars as , earned , while , in the lead role of , received only . In a statement released to the media, a Universal spokesperson dismissed the claims as baseless. the spokesperson said, adding that However, the studio did not disclose specific salary figures. The rumors sparked intense debate online, with one viral post on X garnering over and 120,000 likes. Many fans expressed outrage at the alleged pay gap, particularly given central role in the story. Some described the rumored disparity as and Others defended the idea of earning more, citing her larger fanbase and potential to draw audiences to theaters. The leaked salary list also included figures for other cast members, with Michelle Yeoh and Jeff Goldblum reportedly earning $2 million each, while Jonathan Bailey and Ethan Slater were said to make $450,000 and $350,000, respectively. Wicked is a box office hit Despite the controversy, is making waves at the . After a opening weekend in the U.S. and a global debut of , the film is setting records for a Broadway musical adaptation. Its current global total stands at around , with analysts predicting a strong performance through Thanksgiving weekend. Directed by Jon M. Chu, Wicked is one of the most expensive productions ever, with a combined two-part budget of before marketing. The film's financial success may lead to additional bonuses for cast members, though Universal has yet to confirm any such arrangements. As fans debate the allegations and Wicked continues to perform, Universal's denial seeks to quash rumors while keeping the focus on the movie's achievements.The technology industry is growing, changing and innovating at breakneck speed, but it's not just limited to this space. Technological advancements are spurring on innovation and change across the economy, sector agnostic. Couple that pace of transformation with a chronic shortage of IT skills, and it's a recipe for disaster. or signup to continue reading In fact, to fully realise the potential of the federal government's $600 billion a year investment into artificial intelligence, it is understood the economy needs an injection of by the end of the decade. With almost five years to go, relying on new graduates and skilled migration won't be enough - particularly coinciding with to rein in the number of international students as Australia attempts to curb net migration and combat cost-of-living pressures. Prioritising continuous learning and education within the workforce we have is the only way to keep pace. The digital landscape is dynamic, so it stands to reason the skills of those who navigate it must be equally, if not more, dynamic. The benefits of creating an environment within an organisation where ongoing learning is celebrated is a benefit not just to the company itself, but to the individual employees able to build and develop new skillsets and qualifications, and contribute to their industry as a whole as we work to tackle the skills crisis. I've experienced continuous technological change firsthand throughout my career, and innovation shows no signs of slowing down. Continuous learning is not something we should find time for; it's something we must time for. To be clear - though technology is the catalyst in this instance for innovation and change, this issue is not limited to the technology sector. The drive for continuing learning should be embraced and celebrated across all sectors and industries, in organisations large and small. As business leaders, it's about shining a light on learning, which means working to create opportunities for continuous growth - not only through structured courses and training, but also through open and honest conversations about our challenges and failures. Learning happens when we're brave enough to talk about what didn't go as planned, and building a culture where that's embraced must come from the top down - the talk must be walked. Consider in-person or virtual coffee sessions once or twice per week where anyone within the company can drop in; whether they're seeking advice, sharing ideas, or simply looking to chat. In my experience, these informal meetups often turn into conversations about the skills we need to build, the areas we can improve, and how we can better support each other through training and development. It's important to create a space where we don't shy away from failures - instead, using them as fuel to drive collective success. Our business model involves providing our clients with an entire support team of experts and coaches for on-demand learning, instructor-led courses, peer groups, and business coaching. As such, it's essential we prioritise continuing education and lifelong learning within our own ranks. For example, all 225 of my employees are encouraged to undergo continuous cybersecurity training with a new course available each week. All set out to complete the training with a view to be "Sharper than Sharpie" - yes, that's me. With a possible highest score of 800, the whole team are vying to beat my highest score of 792. I'm thrilled to say that I'm regularly bested! Advertisement Sign up for our newsletter to stay up to date. We care about the protection of your data. Read our . AdvertisementMLB shifts six 2025 Rays games to avoid weather issues