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April 13, 2022

Gordon Brothers Partners with IMG to Expand Laura Ashley Globally

Boston, April 13, 2022 (GLOBE NEWSWIRE) — Gordon Brothers, the global advisory, restructuring and investment firm and owner of the British heritage brand Laura Ashley®, has partnered with IMG to expand the iconic fashion, home and lifestyle brand in a fresh, modern way in Europe, Australia, New Zealand, China, India and the Middle East.

The brand’s multi-year partnership with IMG will create new Laura Ashley apparel, footwear, accessories, beauty, homeware items and hospitality offerings through carefully selected licensing and retail partnerships and collaborations.

“We are delighted to partner with IMG to continue to expand Laura Ashley following the success of its spring homeware collection and fall fashion collaboration last year,” said Tobias Nanda, President, Brands at Gordon Brothers. “Our focus in working with IMG will be to select additional strategic partnerships and collaborations to help bring the brand’s distinct aesthetic to consumers globally while continuing to develop our current brand partnerships.”

“For almost 70 years, Laura Ashley’s iconic, quality-led designs, prints and patterns have continued to inspire the most coveted styles and fashion trends around the world,” said Tim Smith, Vice President at IMG. “We are eager to leverage this rich heritage and the Laura Ashley archive, comprising more than 98,000 pieces of unique artwork, textiles and footage, to develop relevant new fashion and lifestyle products for existing and new fans of the brand.”

After acquiring the Laura Ashley brand, archives and related intellectual property and announcing the partnership with NEXT plc in 2020, Laura Ashley launched its spring homeware collection online and in select NEXT stores and fall fashion collaboration with Batsheva in 2021 while developing brand partnerships in Korea, Japan and the U.S.

Gordon Brothers provides both short- and long-term capital to clients undergoing transformation. The firm lends against and invests in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond its market-leading disposition and appraisal services. Gordon Brothers has been actively investing in brands since 2003, partnering with leading companies to help revive and reimagine some of the world’s most iconic brands.

About Gordon Brothers
Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, operating executives, advisors and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four services areas: valuations, dispositions, operations, and financing and investment. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to put assets to their highest and best use. The firm conducts more than $70 billion worth of dispositions and appraisals annually and provides both short- and long-term capital to clients undergoing transformation. Gordon Brothers lends against and invest in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond our market-leading disposition and appraisal services. The firm is headquartered in Boston, with over 30 offices across five continents.

About Laura Ashley
Celebrating timeless designs, signature prints and quintessentially British styles since 1953, Laura Ashley is one of Britain’s most beloved home and lifestyle brands. Relaunched for spring 2021, the current collection sees the return of best-selling ranges, customer favourite prints as well as beautiful new designs inspired by the rich heritage of the Laura Ashley archive. www.lauraashley.com

About IMG
IMG is a global leader in sports, fashion, events and media. The company manages some of the world’s greatest athletes and fashion icons; owns and operates hundreds of live events annually; and is a leading independent producer and distributor of sports and entertainment media. IMG also specializes in licensing, sports training and league development. IMG is a subsidiary of Endeavor, a global sports and entertainment company.

Lauren Nadeau
Gordon Brothers
+1.617.422.6599
lnadeau@gordonbrothers.com

April 13, 2022

Sendoso Adds New Curated Global Vendors and Product Enhancements to Platform

With a stronger global marketplace, new and existing customers have a more seamless and personalized experience

SAN FRANCISCO, April 13, 2022 (GLOBE NEWSWIRE) — Sendoso, the leading sending management platform, today announced updates to its marketplace offerings and platform to further elevate personalized gift sending, globally and locally. Enhancements include more robust global address confirmation and validation to improve deliverability, theme management to create a better brand experience by allowing sales and marketing teams to organize their sends through a variety of campaigns. Additionally, the company has expanded its marketplace with a partnership with Goldbelly, the first platform for national food e-commerce and online marketplace for the best food gifts. By offering a selection of Goldbelly’s best sellers, Sendoso is excited to further create meaningful, engaging moments with its customer base through the power of food.

Customer successes are top priority with Sendoso’s enhancements and partnerships, and our global hand-picked merchants are the perfect partners to meet this demand. Sendoso has the most exclusive marketplace in the industry, spanning unique and diverse integrations and vendors from jigsaw puzzles, succulents, and candles to cocktail kits, brownies and macaroons. In fact, in 2021 food & beverage made up 90% of the sends from Sendoso’s marketplace partnerships, and food alone made up 64%.

The addition of Goldbelly to Sendoso’s carefully curated network of merchants provides an even more diverse selection of gifting options that will help achieve a valuable connection for the sender and recipient in a cluttered, digital world. This news comes on the heels of several marketplace additions in 2021, including a partnership with Square and Fellow, and inviting several global marketplace additions such as Mitchell & Son, Green Factory, ReserveBar, Tea Forte, Ember and others.

“I’m thrilled to expand our global marketplace even more by giving our customers increased opportunities to continue to create greater connections through thoughtful gift sending,” said Kris Rudeegraap, CEO and co-founder, Sendoso. “Now our customers will never have to worry if a recipient will receive a gift or not with our more robust Global Address Confirmation and Validation. Also, being on the sales side for so many years before founding Sendoso, I can appreciate the need for customized themes for campaigns. Our new Theme Management capability will provide that perfect touch of personalization that teams need with various campaigns.”

In addition to expanding its global marketplace offerings, Sendoso’s new platform updates support a smoother and more intelligent sender and receiver experience with the following:

Enriched Global Address Confirmation and Validation: Address request capabilities have been enhanced to further improve deliverability of physical items globally. In addition to address confirmation updates that ensure gifts can easily cross borders, Sendoso also now validates addresses to ensure necessary information has been provided. If an unverified or invalid address is detected, for example, the platform will prompt the sender to update, saving the sender from the manual work of requesting the information themselves.
Theme Management: Leading the way for sales and marketing teams to make impressions at scale, this new feature allows Sendoso customers to create unified seasonal, global or local themes. Brands now have complete control in managing multiple campaigns throughout the year into a cohesive, streamlined story or experience for each. For example, if a customer decides to launch a holiday campaign, they can easily leverage Theme Management to ensure the emails for those sends will be consistent with the selected campaign.

As the industry’s most advanced sending management platform, the latest innovative features ensure Sendoso’s customers are leading the way with personalized and connected sales and marketing engagement.

Brands, more than ever, are seeing the critical value of personal engagement through Sendoso as research shows that sending is gaining traction, as it has increased by more than 80% on the platform.

Learn more about Sendoso’s global merchants here and platform enhancements here.

About Sendoso
Sendoso, the leading sending management platform, helps companies stand out by giving them new ways to engage with customers throughout the buyer’s journey. By integrating digital and physical sending strategies, companies can increase the effectiveness of their existing go-to-market programs and improve their relationships with customers. With a global marketplace of highly-curated vendors (over 30,000 gift options), seamless integrations with popular marketing & sales tools (including Salesforce, Oracle, Microsoft, Marketo, and many others), trusted by over 1,000 companies, with dedicated logistics and supply chain operations worldwide, Sendoso serves is an essential part of successful demand generation, account-based, and customer experience programs. Founded in 2016, Sendoso is backed by $152M in venture funding and has a global footprint, with a presence in North America, Europe, and Asia Pacific. Learn more at sendoso.com.

Media Contact
Korina Kennedy, Sr. Director of Corporate Communications
korina.kennedy@sendoso.com

April 13, 2022

LeddarTech Releases the Flexible and Modular LeddarEngine Designed to Reduce Costs and Accelerate ADAS and AD Sensor Development

The LeddarEngine™ platform is powered by LeddarTech’s LCA3 SoC and state-of-the-art modular software, enabling improved sensor performance with the lowest development time

QUEBEC CITY, April 13, 2022 (GLOBE NEWSWIRE) — LeddarTech^®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce the availability of a completely new version of the LeddarEngine software to enable and accelerate LiDAR sensor development.

The LeddarEngine sets a new standard for developing highly integrated and flexible solid-state LiDAR solutions optimized for high-volume production. This complete solution comprises the LeddarCore™ LCA3 system on chip (SoC) and LeddarSP™ signal processing.

This new version specifically introduces several new integration tiers for the LeddarEngine software and compatibility with new hardware platforms. LeddarTech is introducing a separation of the control, signal processing and point-cloud processing, which can be used independently or in combination, enabling customers to maintain greater control over their final solution.

LiDAR developers that presently have signal processing toolchains implemented for their current products will benefit from using only the control kernel for easier and faster integration of the LeddarCore into their next-generation products. Tier 1-2s, system integrators and new LiDAR makers will still benefit from the complete offering by leveraging LeddarTech’s proprietary signal processing and expertise.

This version of the LeddarEngine is compatible with Xilinx Zynq UltraScale+ MPSoC, in addition to the already supported Renesas R-Car SoC. Furthermore, the porting to other platforms and operating systems is now easier than ever, thanks to this new modular architecture which improves the separation of hardware and software.

Key Benefits

Easier integration into existing architectures, enabling retrofit to improve cost, power consumption and size
Enables Tier 1-2s and LiDAR makers to leverage existing signal processing toolchain and to develop their algorithms
Support for new hardware platforms and easier porting to new operating systems
Fully scalable and modular software offering available to accelerate development and time-to-market

“Over the past 15 years, LeddarTech has been a leader in developing sensing solutions that support our customers in developing ADAS and AD products,” stated Mr. Charles Boulanger, CEO of LeddarTech. “The natural evolution of our LeddarEngine powered by our LCA3 SoC and especially our proprietary modular software enables our customers to even greater flexibility in design and to accelerate their development time, leading to lower cost and a faster path to revenue,” concluded Mr. Boulanger.

About LeddarTech

Founded in 2007, LeddarTech is a comprehensive end-to-end environmental sensing company that enables customers to solve critical sensing, fusion and perception challenges across the entire value chain. LeddarTech provides cost-effective perception solutions scalable from Level 2+ ADAS to Level 5 full autonomy with LeddarVision™, a raw-data sensor fusion and perception platform that generates a comprehensive 3D environmental model from a variety of sensor types and configurations. LeddarTech also supports LiDAR manufacturers and Tier 1-2 automotive suppliers with key technology building blocks such as LeddarSteer™ digital beam steering and the LiDAR XLRator™, a development solution for automotive-grade solid-state LiDARs based on the LeddarEngine™ and core components from global semiconductor partners. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 100 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@leddartech.com

Investor relations contact: InvestorRelations@leddartech.com
https://investors.leddartech.com/

Leddar, LeddarTech, LeddarSteer, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, LeddarEcho, VAYADrive, VayaVision, XLRator and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

April 13, 2022

GLOBAL MUSIC, SPORTS, MEDIA & ENTERTAINMENT HEAVYWEIGHTS INVEST $87 MILLION IN MOONPAY

More than 60 high profile strategic investors believe Web3 will transform art, fan engagement, intellectual property & creative value

USA, April 13, 2022 (GLOBE NEWSWIRE) — APRIL 13th, 2022 — MIAMI: Today, MoonPay, the leading global crypto payments infrastructure provider, announced that more than 60 influential figures and organizations from the worlds of music, sports, media & entertainment have collectively invested $87 million in the company. The strategic investors represent industries on the cusp of transformation by Web3 technology, which is changing the way creatives, artists, and athletes approach art, fan engagement, and intellectual property management.

Named investors include the following (in alphabetical order by first name):

Anthony Kiedis of the Red Hot Chili Peppers
Ashton Kutcher and Guy Oseary’s Sound Ventures
Austin Rosen’s Electric Feel Ventures
BLOND:ISH
Brent Faiyaz & Jayne Andrews,Ty Baisden
Brie Larson*
Bruce Willis
Connect Ventures
David Grutman
Dimitri Vegas & Like Mike
Diplo
Drake & Adel ‘Future’ Nur’s Dreamcrew
Eric Eisner*
Eva Longoria
Gal Gadot
Gee Roberson
G-Eazy
Gibson Hazard

Gwyneth Paltrow &
Moj Mahdara’s Kinship Ventures
James Corden
Jamil Davis and Matt Bauerschmidt’s Revels Group Ventures
Jason Derulo
Justin Bieber
K5 Global
Kate Hudson
Katie McGrath*
Kevin and Rick Yorn’s BroadLight Capital
Kimberly Blackwell*
Larry Gagosian
Lil Baby
Lil Durk
Marc Benioff’s TIME Ventures
Marcy Venture Partners
Maria Sharapova
Matte Babel
Matthew McConaughey
Michael Ovitz
Mindy Kaling*
Nancy Twine*

Palm Tree Crew
Paris Hilton
Paul George
PLUS Capital
Post Malone
Questlove*
Ryan Tedder of One Republic
Sam Feldt
Scooter Braun
Shailene Woodley*
Shawn Mendes, FEWOCiOUS & Andrew Gertler’s AG Ventures
Shay Mitchell
Snoop Dogg & Nick Adler, Karan Wahder, Champ Medici
Stacey Bendet*
Steve Aoki & Matt Colon
The Chainsmokers’ Mantis VC
The Weeknd & Amir “Cash” Esmailian
Trina Spear*
Yara Shahidi, Keri Shahidi, Afshin Shahidi*
Zoe Saldaña*

* Kinship Ventures LP

From Entertainment:

“NFTs and Web3 technology will revolutionize the business of entertainment,” said Michael Ovitz, co-founder at CAA, and former President at The Walt Disney Company. “Consumers are seeking new ways to consume entertainment and engage with their favorite creators — and the creators themselves want different ways of owning and sharing their creative output. MoonPay is helping to power that change as it lowers the barrier of entry to the crypto economy, and I’m excited to join them on that journey.”

“Web3 is inspiring the entertainment industry, and commerce in general, to reimagine the way we create community, connect with fans, build value and manage intellectual property,” said Gwyneth Paltrow, Co-Founder of Kinship Ventures. “We are excited to invest in MoonPay because we believe their technology is best positioned to make participating in cryptocurrency more accessible.”

“Crypto and NFTs are critical components in the growth and development of the creator economy,“ said Guy Oseary, Co-Founder of Sound Ventures. “As creators more consciously carve out their space and communities in Web3, MoonPay’s innovative platform is a bridge between the status quo and the future. MoonPay is an accelerator for industry-changing ideas, and I’m excited to see what comes next.”

From Sports

“In the ever-changing sports landscape, it’s important to keep an eye toward the future,” said Paul George, seven-time NBA All Star and Olympic Gold Medalist. “Crypto and NFTs will be key to maximizing the business of professional sports as we look ahead, and I’m excited to be a key contributor as one of MoonPay’s strategic investors.”

From Music

“NFTs and Web3 are the next frontiers of where music is going,” said Steve Aoki, Grammy-nominated DJ, producer, and founder of A0K1VERSE. “Whether you’re a musician or a creator, this technology will expand your reach and the way you connect with fans more deeply. It won’t be enough to release new drops and hope it works; you’ve got to be way more participatory. Web3 makes that possible. I’m excited to invest in MoonPay because I think they will play a vital role in moving all of this forward.”

“Web3 is radically changing the way we approach the business of entertaiment, sports and music,” said Ivan Soto-Wright, CEO and Co-founder of MoonPay. “Hollywood is using smart contracts and blockchain technology to assert their creative intellectual property rights. Major global sports franchises have used digital tokens and NFT collectibles to transform fan engagement. And recording artists are beginning to explore how NFTs can give them more control over royalty rights. These are the underpinnings of a creator economy renaissance. And our strategic investors are helping to lead that movement. We’re honored to work with them to help onboard the world to Web3.”

Notes to Editors

MoonPay’s suite of payments infrastructure products provides a seamless way for people to buy and sell cryptocurrencies and NFTs. It brings the easy-to-use experience consumers have come to demand from traditional e-commerce to Web3. Ten million customers across 160 countries have processed close to $3 billion in transactions on the MoonPay platform through more than 250 partner sites, including Bitcoin.com and OpenSea.

MoonPay’s $555 million Series A financing round led by Tiger Global Management and Coatue with participation from Blossom Capital, Thrive Capital, Paradigm, and NEA valued the company at $3.4 billion. The funding has allowed MoonPay to grow its global footprint through new products like NFT Checkout and MoonPay Concierge, and through new partnerships with leading organizations like OpenSea, Michael Jordan’s “Heir Jordan,” Tom Brady’s Autograph, and FaZe Clan.

About MoonPay

MoonPay is the world’s leading global crypto payments infrastructure provider. Leading marketplaces worldwide are providing their users with a simpler way to buy and sell NFTs using MoonPay’s industry-first NFT Checkout solution, which allows the purchase of NFTs instantly with a credit or debit card. The company is active in more than 160 countries and is trusted by 250+ leading wallets, websites, and applications.

For more information, visit: https://www.moonpay.com

Media
MoonPay
media@moonpay.com

April 13, 2022

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Cabaletta Bio, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – CABA

NEW YORK, April 12, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cabaletta Bio, Inc. (NASDAQ: CABA): (i) pursuant and/or traceable to the offering documents issued in connection with the Company’s initial public offering conducted on or about October 24, 2019 (the “IPO” or “Offering”); and/or (ii) between October 24, 2019 and December 13, 2021, both dates inclusive (the “Class Period”), of the important April 29, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Cabaletta securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Cabaletta class action, go to https://rosenlegal.com/submit-form/?case_id=3749 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 29, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the IPO offering documents and defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) top-line data of the Phase 1 Clinical Trial indicated that DSG3-CAART had, among other things, worsened certain participants’ disease activity scores and necessitated additional systemic medication to improve disease activity after DSG3-CAART infusion; (2) accordingly, DSG3-CAART was not as effective as the Company had represented to investors; (3) therefore, the Company had overstated DSG3-CAART’s clinical and/or commercial prospects; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Cabaletta class action, go to https://rosenlegal.com/submit-form/?case_id=3749 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

April 13, 2022

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages FAT Brands Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm – FAT, FATBB, FATBP, FATBW

NEW YORK, April 12, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of FAT Brands Inc. (NASDAQ: FAT, FATBB, FATBP, FATBW) between December 4, 2017 and February 18, 2022, inclusive (the “Class Period”), of the important May 17, 2022 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased FAT Brands securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the FAT Brands class action, go to https://rosenlegal.com/submit-form/?case_id=3635 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 17, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company and the Wiederhorns engaged in transactions “for no legitimate corporate purpose”; (2) the Company ignored warning signs relating to transactions with the Wiederhorns; (3) as a result, the Company was likely to face increased scrutiny, investigations, and other potential issues; (4) certain executives, who are touted as critical to the Company’s success, were at great risk of scrutiny—potentially, at least in part, due to the Company’s actions; (5) the Company’s touted chief executive officer (CEO) and chief operating officer (COO) were under investigation regarding transactions with the Company; and (6) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the FAT Brands class action, go to https://rosenlegal.com/submit-form/?case_id=3635 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information: