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NYSE Undertaking the Underwriter

Tuesday, December 29, 2020 On Tuesday, December 22, 2020, the U.S. Securities and Exchange Commission (“SEC”) issued Release No. 34 -90768 (the “Release”), approving the proposal by the New York Stock Exchange (“NYSE”) to allow primary direct listings of securities on the NYSE without going through the Initial Public Offering process. This step means that companies able to meet the listing requirements spelled out in Chapter One of the NYSE’s Listed Company Manual can become listed on the NYSE without the involvement of an underwriter or the “firm commitment” of that underwriter to purchase the securities from the company and then resell them to the public. Direct listing, thus, saves the costs of the underwriting (typically between 1% – 7% of the price offered to the public, depending on the relative strength of the company and the perceived demand of the public for the shares being offered). Direct listing also “saves” the scrutiny that the un

SEBI S Proposal To Simplify Listing Of Startups - Corporate/Commercial Law

reduced to 1 year instead of 2 years. There is no such requirement for holding prior to listing. The Company proposing to list on main board must satisfy other eligibility criteria with respect to 3 years track record of operating profits, net tangible assets, net worth, etc.  Lock-In Ø  Category II AIFs (PE funds, real estate funds, etc) may also be exempted from post issue lock in requirements provided shares are held for 1 year from the date of purchase. Ø  In the Main Board, post issue lock-in requirements are not applicable for Category II AIFs if shares are held for a period of 1 year from date of purchase.

NeuBase Therapeutics CEO, Dietrich A Stephan, Ph D , to Present Accelerating the Genetic Revolution with a New Class of Synthetic Medicines at Tribe Public s Event on December 22, 2020

NeuBase Therapeutics CEO, Dietrich A Stephan, Ph D , to Present Accelerating the Genetic Revolution with a New Class of Synthetic Medicines at Tribe Public s Event on December 22, 2020
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Tribe Public LLC: NeuBase Therapeutics CEO, Dietrich A Stephan, Ph D , to Present Accelerating the Genetic Revolution with a New Class of Synthetic Medicines at Tribe Public s Event on December 22, 2020

(2) Registration For This FREE Tribe Public Presentation and Q&A Event Is Now Open at NeuBase22.TribePublic.com SAN FRANCISCO, CA / ACCESSWIRE / December 18, 2020 / Tribe Public announced today that Dietrich Stephan, Ph.D., Chief Executive Officer of NeuBase Therapeutics, Inc. (NASDAQ:NBSE), a biotechnology company accelerating the genetic revolution using a new class of synthetic medicines, will present at Tribe Public s Presentation and Q&A Webinar Event beginning at 8:30 a.m. PDT / 11:30 a.m. EDT on Tuesday, December 22, 2020. During this complimentary, 30-minute event, Dr. Stephan will deliver his presentation titled Accelerating the Genetic Revolution with a New Class of Synthetic Medicines. He will also be available for a brief Q&A session. To register for the complimentary event, please visit

Fintech Firm Fraxtor Secures Over $6 7 Million in the Past 9 Months from its Community of Real Estate Co-Investors

Search Fintech Firm Fraxtor Secures Over $6.7 Million in the Past 9 Months from its Community of Real Estate Co-Investors December 15, 2020 @ 10:56 pm By Omar Faridi Fraxtor Private Limited, a company that operates an online real estate co-investment platform, has reportedly acquired over S$9 million (appr. $6.74 million) on its platform from its community of Accredited Investors (AIs), despite the challenges created by the COVID-19 pandemic. According to a release, the funds raised have been allocated towards several different real estate development initiatives in Singapore and the UK. Last month, Fraxtor raised S$3.4 million in capital for a freehold landed residential development project based in Singapore. The initiative has a gross development value of around S$13.2 million. As confirmed in the announcement, the project may generate an internal rate of return (IRR) of 15% per annum over a 2-year period. It’s worth noting that the project was “fully subscribed within a

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