ADM Fined $40 Million in Price-Fixing Probe, Recalling Past Fraud Case That Inspired a Matt Damon Film

Archer Daniels Midland Co. (ADM) is once again facing negative attention. In the 1990s, the major agricultural company was involved in a that served...

Park Ha Biological Technology Co., Ltd. Completes a US$2.45 Million Public Offering

Wuxi,xa0China,xa0Jan.xa028,xa020xad –xa0Parkxa0Haxa0Biologicalxa0Technologyxa0Co.,xa0Ltd.xa0(NASDAQ:xa0BYAH)xa0(thexa0“Company”)xa0todayxa0announcedxa0thexa0closingxa0ofxa0axa0best-effortsxa0follow-onxa0publicxa0offeringxa0ofxa021,875,000xa0unitsxa0(eachxa0axa0“Unit”)xa0atxa0anxa0offeringxa0pricexa0ofxa0US$0.112xa0perxa0Unit. Eachxa0Unitxa0consistsxa0ofxa0onexa0Classxa0Axa0ordinaryxa0sharexa0ofxa0thexa0Company,xa0parxa0valuexa0US$0.00002xa0perxa0sharexa0(each,xa0axa0“Classxa0Axa0Ordinaryxa0Share”)xa0andxa0onexa0warrantxa0toxa0purchasexa0onexa0Classxa0Axa0Ordinaryxa0Share,xa0orxa0upxa0toxa0ninexa0Classxa0Axa0Ordinaryxa0Sharesxa0pursuantxa0toxa0thexa0alternativexa0cashlessxa0exercisexa0mechanismxa0describedxa0thereinxa0(each,xa0axa0“Warrant”).xa0Eachxa0Warrantxa0hasxa0anxa0exercisexa0pricexa0ofxa0US$0.112xa0perxa0Classxa0Axa0Ordinaryxa0Sharexa0andxa0isxa0exercisablexa0beginningxa0onxa0thexa0issuancexa0datexa0andxa0endingxa0onxa0thexa0one-yearxa0anniversaryxa0ofxa0thexa0issuancexa0date. Grossxa0proceedsxa0toxa0thexa0Company,xa0beforexa0deductingxa0placementxa0agent’sxa0commissionsxa0andxa0otherxa0offeringxa0expenses,xa0werexa0approximatelyxa0US$2.45xa0million.xa0Thexa0Companyxa0intendsxa0toxa0usexa0thexa0netxa0proceedsxa0ofxa0thexa0Offeringxa0forxa0thexa0expansionxa0ofxa0directlyxa0operatedxa0storesxa0inxa0China,xa0andxa0thexa0specificxa0allocationxa0ofxa0netxa0proceedsxa0toxa0eachxa0marketxa0willxa0bexa0basedxa0onxa0marketxa0conditions. D.xa0Boralxa0Capitalxa0LLCxa0actedxa0asxa0thexa0Solexa0Placementxa0Agentxa0forxa0thexa0Offering. Axa0registrationxa0statementxa0onxa0Formxa0F-1,xa0asxa0amendedxa0(Filexa0No.xa0333-xa0290410),xa0relatingxa0toxa0thexa0Offeringxa0wasxa0filedxa0withxa0thexa0U.S.xa0Securitiesxa0andxa0Exchangexa0Commissionxa0(thexa0“SEC”)xa0andxa0wasxa0declaredxa0effectivexa0byxa0thexa0SECxa0onxa0Januaryxa026,xa02026.xa0Thexa0Offeringxa0wasxa0madexa0onlyxa0byxa0meansxa0ofxa0axa0prospectus,xa0formingxa0partxa0ofxa0thexa0effectivexa0registrationxa0statement.xa0Axa0copyxa0ofxa0thexa0finalxa0prospectusxa0relatingxa0toxa0thexa0Offeringxa0hasxa0beenxa0filedxa0withxa0thexa0SECxa0andxa0isxa0availablexa0onxa0thexa0SEC’sxa0websitexaatxa0.xa0Copiesxa0ofxa0thexa0prospectusxa0mayxa0bexa0obtainedxa0fromxa0D.xa0Boralxa0Capitalxa0LLCxaatxa0,xa0orxa0byxa0callingxa0+1xa0(212)xa0970-5150. Aboutxa0Parkxa0Haxa0Biologicalxa0Technologyxa0Co.,xa0Ltd. Establishedxa0inxa02016,xa0Parkxa0Haxa0Biologicalxa0Technologyxa0Co.,xa0Ltd.xa0isxa0primarilyxa0engagedxa0inxa0developingxa0itsxa0privatexa0skincarexa0label,xa0directxa0skincarexa0productsxa0salesxa0andxa0franchisexa0alliancesxa0promotionsxa0underxa0thexa0proprietaryxa0brandxa0“Parkxa0Ha”,xa0withxa0axa0commitmentxa0toxa0providingxa0cost-effectivexa0solutionsxa0toxa0skinxa0problemsxa0andxa0improvingxa0thexa0confidencexa0ofxa0womenxa0inxa0needxa0ofxa0skinxa0treatment.xa0Asxa0ofxa0Aprilxa030,xa02025,xa0thexa0Companyxa0hasxa0threexa0directlyxa0operatedxa0storesxa0andxa039xa0franchisees,xa0ofxa0whichxa038xa0andxa0onexa0operatexa0underxa0thexa0storexa0namexa0“Parkxa0Ha”xa0andxa0“Geni”xa0respectively,xa0inxa0China.xa0Asxa0partxaofxa0itsxa0value-addedxa0servicexa0forxa0thexa0products,xa0thexa0Companyxa0offersxa0“lightxa0beautyxa0experience”,xa0axa0quickxa0complimentaryxa0after-salesxa0beautyxa0servicexa0performedxa0inxa0thexa0directly-operatedxa0storesxa0andxa0franchisexa0stores.xa0Forxa0morexa0information,xa0pleasexa0visitxa0thexa0Company’sxa0website:xa0. Forward-Lookingxa0Statements Certainxa0statementsxa0inxa0thisxa0announcementxa0arexa0forward-lookingxa0statements.xa0Thesexa0forward-lookingxa0statementsxa0involvexa0knownxa0andxa0unknownxa0risksxa0andxa0uncertaintiesxa0andxa0arexa0basedxa0onxa0thexa0Company’sxa0currentxa0expectationsxa0andxa0projectionsxa0aboutxa0futurexa0eventsxa0thatxa0thexa0Companyxa0believesxa0mayxa0affectxa0itsxa0financialxa0condition,xa0resultsxa0ofxa0operations,xa0businessxa0strategyxa0andxa0financialxa0needs.xa0Investorsxa0canxa0findxa0manyxa0(butxa0notxa0all)xa0ofxa0thesexa0statementsxa0byxa0thexa0usexaofxa0wordsxa0suchxaasxa0“approximates,”xa0“believes,”xa0“hopes,”xa0“expects,”xa0“anticipates,”xa0“estimates,”xa0“projects,”xa0“intends,”xa0“plans,”xa0“will,”xa0“would,”xa0“should,”xa0“could,”xa0“may”xa0orxa0otherxa0similarxaexpressionsxa0inxa0thisxaannouncement.xa0Thexa0Companyxaundertakesxa0noxaobligationxaotxaupdatexaorxa revisexa publiclyxaanyxaforward-lookingxa statementsxaotxa reflectxa subsequentxa occurringxa eventsxaorxa circumstances,xaorxa changesxainxaitsxaexpectations,xaexceptxaasxa mayxa bexa requiredxabyxa law.xaAlthoughxa thexa...

Jerome Powell asserts Fed independence hasn’t been lost … yet: ‘I certainly hope we won’t’ lose it

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