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James McDevitt, Head of Equity Sales & Trading at Roberts & Ryan, Inc., is selected by Irish America Magazine for its 26th Annual Wall Street 50

Roberts & Ryan, Inc.

Roberts & Ryan, Inc., America’s first Service-Disabled Veteran-Owned Broker Dealer, is proud to recognize James McDevitt for his selection to Irish America Magazine’s 26th Annual Wall Street 50. The magazine’s Wall Street 50 recognizes the outstanding accomplishments and success of the best and the brightest Irish American and Irish-born leaders of the financial industry. Mr. McDevitt will be honored at the magazine’s gala dinner on Monday, October 30, 2023, at The New York Yacht Club. Jim’s Irish heritage can be traced back to both sets of Grandparents who emigrated to the United States in the late 1920’s. The McDevitt side from County Derry, and the maternal side from County Clare. Ireland and all things Irish have always been highlighted at family events, the history, and the luck that found the family in NYC. Mr. McDevitt is head of Equities Sales & Trading, Capital Markets at Roberts & Ryan, Inc., with an expertise in equity trading. He is a graduate of Oneota State College in New York, where he received his Bachelor of Arts degree, with a focus on American History. He also studied Technical Analysis at the New York Institute of Finance. Jim was a specialist on the floor of the New York Stock Exchange (NYSE) for 25 years, rising to become a partner at MJ Meehan & Co, and then as a Senior Vice President with Bank of America Specialists. During his career, Jim managed the trading post for marquee NYSE listed securities including Citibank, Walmart, Colgate, Sprint, McDonald’s, and JP Morgan. Jim spent three years at Academy Securities as a Managing Director selling fixed income and equity services to Corporate Treasurers. Jim has been involved in a number of charities and is a Board Member of Roberts & Ryan, Inc. He resides in Long Branch, NJ with his wife Nancy. They have three children, Patrick, Jennifer, and Colin. About Roberts and Ryan, Inc. Roberts & Ryan, Inc. is a Service-Disabled Veteran Owned (SDVO) broker dealer providing services in debt and equity capital markets, equity and fixed-income secondary trading, as well as corporate access events. The firm was founded in 1987 by a United States Marine Corps Vietnam combat veteran and Purple Heart recipient. With over $1.8 million in committed donations since 2018, Roberts & Ryan is active in donating to charitable foundations that make significant positive impacts in the lives of veterans and their families, focusing on general wellness, mental health, and career transition. To learn more about Roberts & Ryan, please visit www.roberts-ryan.com. Contact Details Michael C. Del Priore +1 646-859-4061 mdelpriore@roberts-ryan.com Company Website https://www.roberts-ryan.com

October 27, 2023 09:00 AM Eastern Daylight Time

BingX Releases Comprehensive Update of 4th Quarter 2023 Crypto Analysis and Highlights STORJ

BingX

SINGAPORE - Media OutReach - 27 October 2023 - BingX, a leading cryptocurrency exchange, is excited to announce the release of the highly anticipated Version 2 of its 4th Quarter 2023 Crypto Report. This updated report offers an in-depth examination of cryptocurrency price analysis and spotlights high value projects, building upon the success of its predecessor. The reports anticipates increased volatility for Bitcoin in Q4 2023. However, the potential approval of ETFs and ongoing economic uncertainty in the U.S. suggest a Bitcoin rebound during the fourth quarter of 2023. Version 2 of the 4th Quarter 2023 Crypto Report by BingX provides detailed insights and updates into cryptocurrency market performance and uncovers some of the most promising projects in crypto space. Projects featured in this report include updates on ARB price, ANT price, AAVE price and STORJ price. The report suggests that 2024 and 2025 could potentially be the final bull markets for Bitcoin with significant price increases, especially in the sector of DeFi. BingX's Version 2 of the 4th Quarter 2023 Crypto Report builds on the success of its previous edition of Token Price Analysis V1, offering fresh insights into the dynamic cryptocurrency market. This comprehensive resource empowers investors and enthusiasts with expert analysis and information to make informed decisions with recent BTC price movements and general consensus. About BingX BingX is a leading cryptocurrency exchange offering spot, derivatives, grid, and copy trading services to users in over 100 countries and regions worldwide. With a user base of over 5 million, BingX facilitates connections between users, expert traders, and the platform itself in a secure and innovative manner. Contact Details BingX media@bingx.com Company Website https://bingx.com/en-us/

October 26, 2023 10:05 PM Eastern Daylight Time

How Elicio Therapeutics Is Taking A Different Approach To Treating Cancers Like Colon Cancer, Expected To Be The Leading Killer Cancer By 2030

Benzinga

By Jeremy Golden, Benzinga Founded in 2011, Elicio Therapeutics Inc. (NASDAQ: ELTX) strives to use precision vaccines, immunomodulators and cell-based therapies to assemble cancer-killing immune responses against both blood and solid tumors. Elicio’s proprietary Amphiphile or “AMP” platform differentiates the company through the development of cancer immunotherapies for patients with limited treatment options and often poor outcomes. As the foundation for the various vaccine candidates in the biotech company’s pipeline, the AMP platform will help Elicio combat cancer and other diseases. Groundbreaking Platform Therapeutic vaccines are designed to train the immune system to recognize and destroy cancer cells by targeting tumor-specific antigens. These molecules are present on the surface of cancer cells, allowing the immune response to differentiate them from healthy cells. Tumor biology is complex, and it is difficult to identify effective target antigens. This is, in part, because the tumor microenvironment suppresses immune activity. Differentiating itself from competitors, Elicio Therapeutics is attacking this challenge head-on by re-engineering the body’s immune response to defeat cancer with potent lymph node-targeted immunotherapies and vaccines. Elicio’s AMP platform combines expertise in materials science and immunology to develop novel immunotherapies, including cell therapy activators, immunomodulators, adjuvants and vaccines to treat many aggressive cancers. The platform was first developed in the lab of Darrell Irvine, Ph.D., whose work as a Howard Hughes Medical Institute investigator and professor at the Koch Institute for Integrative Cancer Research at MIT has put him at the forefront of the field. A clinical-stage biotechnology company, Elicio Therapeutics has developed multiple cancer vaccine candidates, including: ELI-002 for KRAS-driven cancers caused by a mutation of the KRAS gene; ELI-007 for cancers involving mutant BRAF gene; and ELI-008 for cancers involving p53 hotspot mutations. “Looking to the future, our focus is on developing ELI-002 as a treatment for mutant KRAS (mKRAS)-driven cancers,” Chief Executive Officer Robert Connelly said in June after a reverse merger with Angion Biomedica Corp. “We are conducting clinical studies evaluating the 2-peptide and 7-peptide formulations of ELI-002 and are encouraged by the interim data that will be presented at ASCO, supporting ELI-002’s potential clinical utility in patients with high relapse risk pancreatic and colorectal cancers.” Vaccinating Against Cancer The Pancreatic Cancer Action Network estimates that about 95% of pancreatic cancer patients have the KRAS mutation, an error in a protein in normal cells that has the potential to cause cancer. By specifically targeting the KRAS mutation, prominent in patients with pancreatic and colon cancer, Elicio Therapeutics’ lead asset, ELI-002, is more promising than others in the clinical trial phase. Though further studies are needed to confirm its efficacy, the shot could improve survival for colon cancer, expected to be the number one cause of cancer deaths for people between 20-49 years of age by 2030, and pancreatic cancer, which has just a 12% survival rate after five years. Unlike other experimental cancer vaccines in development, the shot won't have to be customized to each patient, making it more affordable and readily available. Preclinical trials have shown that Amphiphiles target and concentrate an array of different immunogens in the lymph nodes, resulting in tumor or pathogen-targeted immunity. In one trial, an Elicio Therapeutics vaccine was given to patients with pancreatic and colorectal cancers. The results were promising, with 77% of patients experiencing a reduction in biomarkers that show the persistence of tumors. 32% of patients completely cleared those biomarkers. Elicio Therapeutics seems to be leading the charge toward vaccination against cancer. By combining expertise in immunology and immunotherapy, Elicio is precisely targeting and fully engaging the lymph nodes, the site in our bodies where the immune response to cancer is orchestrated. 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 26, 2023 09:25 AM Eastern Daylight Time

How Lytus Technologies (NASDAQ: LYT) Is Expanding Its Footprint From India To The USA

Benzinga

By Meg Flippin, Benzinga The internet is booming in India and is poised for more growth as 5G rolls out across the world’s most populous nation. As of the start of this year, there were over 1.2 billion internet users in the country. By 2050, that’s projected to grow to more than 1.6 billion. That’s a big market opportunity to bring cutting-edge internet services to the masses, which is what Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) is aiming to do. Lytus Technologies is a platform services company enriching the experience for users whether its streaming content, telemedicine or fintech services. The company reports that its ability to provide a cutting-edge platform regardless of the digital offering is what makes it so unique. The company operates telecasting, telemedicine and OTT platforms, leveraging its 5,000-kilometer network of installed fiber and broadband infrastructure to serve more than four million users in India and the USA. As one of the few Indian companies listed on the NASDAQ, Lytus potentially provides investors with a unique opportunity in the growing Internet market in India. Potentially Big Market Opportunity The opportunity for Lytus Technologies is large. India has the second largest pay-TV market in the world and the highest fintech adoption rate globally. The telehealth and telemedicine market in India is forecasted to reach $285.7 billion by 2027, growing at a compound annual growth rate (CAGR) of 26.6% over 2022-2030. That strong demand is showing up in Lytus’s results. The company, which was founded in 2017, has achieved positive EBITDA and $20 million in revenue. The market opportunity seems similar to China where Alibaba Group Holding Ltd. (NASDAQ: BABA), the e-commerce giant, dominates by leveraging its vast platform. As a company operating a similar model to the commerce giant, Lytus hopes to emulate AliBaba’s success in India. Lytus' business model is potentially disruptive but easily repeatable and scalable across geographies. Its recent launch of Lytus Studios is an example of how the company is leveraging technology to give consumers and businesses advanced internet services. Lytus Studios is a content creation and technology services business bringing virtual reality, augmented reality, mixed reality and extended reality to the film, video, commercial, corporate and digital markets. Growing Demand For Fintech Services Lytus Technologies has also forayed into fintech. The company recently launched a payment gateway for consumers in India. The initial rollout is focused on a B2B model, but it plans to expand the payment service to individual users in the next 12 months. Recognizing the big market opportunity, the company is investing $50 million to grow its fintech business in India during the next five years. Like the other markets it enters, technology underpins all its offerings and sets it apart from its rivals. "Over the course of the next several months, Lytus intends to expand the scope of its fintech services to include AI-driven next-generation payment platforms, P2P lending, blockchain, insurtech, digital shareholder services, cross-border payments, among other services. Lytus also plans to offer its subscribers e-wallet and credit card services using AI-based technology for personalized financial insights. Users will be able to set spending goals based on their priorities, earn rewards and leverage the features to develop good financial habits and achieve their long-term goals," said Huzaefa Lokhandwala, CEO of Lytus Fintech. The fintech opportunity alone is large given India is one of the fastest-growing fintech markets in the world, expected to hit $2.1 trillion by 2030 growing at a CAGR of over 18%. Acquisition Makes It Happen Lytus’s expansion is helped by its acquisition of a 51% stake in Sri Sai Cable and Broadband Private Ltd., the regional Multi Service Operator (MSO) based in Telangana, India. The MSO has a subscriber base of more than one million, giving Lytus Technologies a bigger presence in the Indian market. With 5G rolling out in India, Lytus Technologies is only scratching the surface in terms of what internet services it can offer. With 5G it can reach more customers, deliver enhanced connectivity, support a multitude of devices, introduce new and immersive applications and ultimately provide a superior broadband experience. All of that almost ensures it gets more subscribers as it attempts to become the Alibaba of internet streaming. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 26, 2023 09:25 AM Eastern Daylight Time

NFT Artist Set to Open a New Art Gallery in Soho

Doctor Troller

Renowned digital artist Andrew Brown, famously known as Doctor Troller, is thrilled to announce the opening of his innovative art gallery in Soho. The gallery, opened its doors in October and prominently features works from acclaimed artwork collections including The Shifters, Crocs League, and Skull Squad. Art enthusiasts and followers of Doctor Troller will have the unique opportunity to experience his digital artistry in person while emerging artists are also invited to showcase their work in this avant-garde space. This initiative embodies Doctor Troller’s continuous endeavor to foster a vibrant community of digital art lovers and creators, bridging the virtual and physical realms of artistic expression. Doctor Troller’s Voyage from Streets to Screens Doctor Troller has a raw, unfiltered journey that morphed a street troller into a digital art mogul. His growth is a testimony to the boundless realms creativity can venture into when fueled by audacity and a touch of rebellion. His artwork, now celebrated globally, finds its roots in the bustling streets of London. In May 2021, Andrew Brown's experiment in Soho’s Berwick Street dubbed the ‘Honest Gallery’, saw £4,000 worth of artwork displayed openly, inviting passersby to pay what they wished. By day's end, all pieces were taken with not a penny in the collection box. “It was an experiment in human nature to see if we could expect people to do the right thing and in Soho, it was a dismal failure," remarked Brown. Despite the setback, the spirit of philanthropy persevered, with the intended charity donation honored. This experience, a blend of audacity and altruism, subtly shaped the ethos of the forthcoming gallery, where inclusivity meets edgy digital artistry. From Digital Disruption to Artistic Elevation Forged in the buzzing core of London’s art scene, Andrew "Doctor Troller" Brown’s artistry is a riveting blend of rebellion and innovation. His Chelsea-based endeavors have seen the birth of provocative digital pieces, igniting controversies and sparking debates across both traditional and digital art spheres. His dyslexia, far from a hurdle, propelled him beyond conventional mediums, crafting a narrative that bridges art and body, borne from a "passion of expression through physical action to trigger controversy". As the art world converges at his Soho gallery, spectators are in for an experience that transcends mere visual appeal, diving into a narrative that’s as edgy as it is evocative. The gallery isn’t just a showcase of Doctor Troller’s celebrated collections - The Shifters, Crocs League, and Skull Squad, but an invitation to emerging artists to be part of a narrative that challenges, disrupts, and evokes. Doctor Troller’s ascent to a net worth of £200 million GBP in 2021 mirrors the crescendo of digital art’s acclaim, marking him as a vanguard in this realm. His artworks, veiled in satire and bold commentary, found their home in digital marketplaces and even traditional auction houses, echoing the appetite for digital artistry in contemporary circles. Pieces like 'Booty Shot' and 'Lightzilla' aren’t mere digital creations, but audacious dialogues challenging societal norms and igniting discussions on empowerment, identity, and the human experience. Location: 54 Poland St, London W1F 7NJ, United Kingdom doctortroller.com Contact Details Doctor Troller +44 333 355 3548 maya@cryptocurrencysource.com Company Website https://www.doctortroller.com/

October 25, 2023 11:25 AM Eastern Daylight Time

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NFT Artist Set to Open a New Art Gallery in Soho

Doctor Troller

Renowned digital artist Andrew Brown, famously known as Doctor Troller, is thrilled to announce the opening of his innovative art gallery in Soho. The gallery, opened its doors in October and prominently features works from acclaimed artwork collections including The Shifters, Crocs League, and Skull Squad. Art enthusiasts and followers of Doctor Troller will have the unique opportunity to experience his digital artistry in person while emerging artists are also invited to showcase their work in this avant-garde space. This initiative embodies Doctor Troller’s continuous endeavor to foster a vibrant community of digital art lovers and creators, bridging the virtual and physical realms of artistic expression. Doctor Troller’s Voyage from Streets to Screens Doctor Troller has a raw, unfiltered journey that morphed a street troller into a digital art mogul. His growth is a testimony to the boundless realms creativity can venture into when fueled by audacity and a touch of rebellion. His artwork, now celebrated globally, finds its roots in the bustling streets of London. In May 2021, Andrew Brown's experiment in Soho’s Berwick Street dubbed the ‘Honest Gallery’, saw £4,000 worth of artwork displayed openly, inviting passersby to pay what they wished. By day's end, all pieces were taken with not a penny in the collection box. “It was an experiment in human nature to see if we could expect people to do the right thing and in Soho, it was a dismal failure," remarked Brown. Despite the setback, the spirit of philanthropy persevered, with the intended charity donation honored. This experience, a blend of audacity and altruism, subtly shaped the ethos of the forthcoming gallery, where inclusivity meets edgy digital artistry. From Digital Disruption to Artistic Elevation Forged in the buzzing core of London’s art scene, Andrew "Doctor Troller" Brown’s artistry is a riveting blend of rebellion and innovation. His Chelsea-based endeavors have seen the birth of provocative digital pieces, igniting controversies and sparking debates across both traditional and digital art spheres. His dyslexia, far from a hurdle, propelled him beyond conventional mediums, crafting a narrative that bridges art and body, borne from a "passion of expression through physical action to trigger controversy". As the art world converges at his Soho gallery, spectators are in for an experience that transcends mere visual appeal, diving into a narrative that’s as edgy as it is evocative. The gallery isn’t just a showcase of Doctor Troller’s celebrated collections - The Shifters, Crocs League, and Skull Squad, but an invitation to emerging artists to be part of a narrative that challenges, disrupts, and evokes. Doctor Troller’s ascent to a net worth of £200 million GBP in 2021 mirrors the crescendo of digital art’s acclaim, marking him as a vanguard in this realm. His artworks, veiled in satire and bold commentary, found their home in digital marketplaces and even traditional auction houses, echoing the appetite for digital artistry in contemporary circles. Pieces like 'Booty Shot' and 'Lightzilla' aren’t mere digital creations, but audacious dialogues challenging societal norms and igniting discussions on empowerment, identity, and the human experience. Location: 54 Poland St, London W1F 7NJ, United Kingdom doctortroller.com Contact Details Doctor Troller +44 333 355 3548 maya@moneysource.com Company Website https://www.doctortroller.com/

October 25, 2023 11:23 AM Eastern Daylight Time

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Athletech News, New Multimedia Platform Focused on the Fitness & Wellness Industry, Launches with 50,000 Subscribers

Athletech News

October 25, 2023, New York—Today marks the official launch of Athletech News, a new media venture by Edward Hertzman. Athletech News is a multimedia platform, seeking to fill a need for business news and reporting in the fitness and wellness space valued at $30.8 billion in the U.S. and some $87 billion globally. “We took Athletech News from idea to execution over the course of couple of years thoroughly analyzing the market and its opportunities,” Athetech News founder and CEO Edward Hertzman said. “I saw an industry experiencing unprecedented transformation and growth but having no single resource to bring together the entire community. Athletech is a single venue industry leaders can now visit to pick up the day’s key headlines, hear thought leaders discuss consumer trends, read analysts' recaps of market movements and deal flow, and learn best-in-class practices from their peers. I drew from my experience founding Sourcing Journal, which created a community that had previously been experiencing a similar industry void.” The new venture showcases Hertzman’s ability to build a media company, regardless of industry. Having successfully built and his previous platform, Sourcing Journal, he sold it to Penske Media Corporation in 2017. Hertzman stayed on with the company for the next six years to run Sourcing Journal; during his tenure he was promoted to EVP of Fairchild. Athletech News is quickly becoming the media of record for this growing industry. More than 50,000 Fitness and Wellness executives have already subscribed to the new platform, drawn to the executive interviews with industry luminaries and the daily feed of breaking industry news. Soon after its launch, Athletech News signed on leading industry partners, including companies such as ISSA, Xpotential Fitness, XPLOR, Life Fitness, Body20, Sweathouz, Trainerize, SportsArt and Bloomreach. The platform targets the top decision makers in all business-facing aspects of the space—owners and operators of fitness clubs/studios, fitness and wellness and recovery executives, technology and equipment companies, analysts, venture capitalists, private equity, and more. Athletech's event series: Athletech also recently released a comprehensive video series called DISRUPT, featuring on-camera interviews with more than 30 of the industry’s top executives, from companies such as Technogym, CrossFit, Tonal, Pvolve, FitOn, Xpotential, Centr, Hyperice, Freemotion, Madabolic, Restore, Life Time, TRX and Zumba. Edward Hertzman commented: “It's time the fitness and wellness industry had a serious seat at the table. From boardrooms to Capitol Hill to mainstream media, there is more to our business than diet hacks, before-and-after infomercials and body-building stereotypes. We are committed to building a platform for the fitness and wellness industry, to share news and opinions, even if those opinions are somewhat raw), to network, celebrate wins, and most importantly, do all of it in a collaborative, pre-competitive environment.” # # # About Athletech News Athletech News provides comprehensive media coverage of the most impactful news and trends shaping the fitness and wellness sector. Our newsletter and website cover emerging fitness technology, brick and mortar gyms, wellness trends, new fitness formats and the industry’s economic outlook. We aim to spark ideas and shape agendas for fitness executives in this constantly evolving and fast moving sector. We set out each day to inform these leaders with proprietary content and analysis that will help them make more informed business decisions. Please visit Athletech News at athletechnews.com. About Edward Hertzman, Athletech Founder & CEO Edward Hertzman is a serial entrepreneur with a diverse portfolio spanning media, fitness, wellness, and sourcing. As a subject matter expert, he's become a prominent voice in these industries and an early-stage investor in promising startups, contributing significantly to their growth. His latest venture, Athletech News, addresses the need for community, representation, and transparency in the fitness and wellness sector. Prior to this, Hertzman founded Sourcing Journal in 2009, now the world's largest trade publication for sourcing and supply chain in apparel and textiles. He sold the company to Penske Media Group in 2017 and served as President, later becoming EVP of all Fairchild Media Titles. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://athletechnews.com

October 25, 2023 10:00 AM Eastern Daylight Time

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We Need To Shift How Transportation Infrastructure is Viewed to Successfully Transition to EVs - Wallbox is Helping Power This Evolution

Benzinga

By Austin DeNoce, Benzinga Transportation is undergoing an era-defining metamorphosis. With the increased global adoption of electric vehicles, traditional infrastructure – like gas stations – is becoming outdated. This is paving the way for EV charging stations to take center stage. However, whether you’re a driver or investor, a number of questions still remain about exactly how the transportation industry will evolve alongside this new technology. One key factor that’s rapidly changing how we interact with our cars is charging, and companies like Wallbox (NYSE: WBX) are working hard to address the unique challenges the evolution of the industry is presenting. The Electrification Market First, let's take a look at the landscape. The Vehicle Electrification Market – which includes EVs, hybrids, batteries as well as charging infrastructure – is set to reach $215.1 billion by 2032, with a CAGR of 9.8%. Driven by an increasing demand for alternative fuels and concerns over carbon emissions, the electrification wave is already in motion. Especially notable is the electric vehicle segment, which already represents 8.6% of new-car sales in the U.S. While other regions like China and the European Union have already surpassed 20% EV adoption, North America is catching up fast, thanks to growing awareness about environmental sustainability and a proactive effort to expand adoption and charging infrastructure through legislation like the Inflation Reduction Act. The Reality Of EV Charging The average U.S. driver covers about 37 miles daily, while all-electric vehicles offer a range of 250 – 500 miles per charge. This suggests that most drivers won't need daily charging, especially when a fast public charger can take up to an hour. Instead of focusing only on public chargers – hubs that resemble traditional gas stations – it may be more practical to focus first on integrating charging at places where vehicles are typically parked for extended periods, like homes and apartments, which will make up 80% of total charging ports in the U.S., as well as offices or malls. By doing so, charging becomes a seamless part of a consumer’s current daily routines without the need for frequent detours. This is where Wallbox solves a major problem. A potential game-changer in the truest sense, Wallbox specializes in creating intelligent electric vehicle charging and energy management systems that fit seamlessly into current infrastructure at homes, apartment buildings, businesses or shared spaces. As the amount of electric vehicles increases, it will be necessary to have infrastructure in place that fits in with consumers' daily routines. Charging while running errands will be the norm, and Wallbox is prepared to meet that need. With a team of over 1,000 professionals, a presence in 9 countries and a customer base in more than 100 countries, Wallbox is dedicated to revolutionizing how the world consumes energy. Their mission is clear – to promote EV adoption globally and pave the way for a cleaner, more sustainable future. Breaking Down The Numbers Many EV owners charge their cars at home. It’s simple, doesn’t take time out of the day and the majority simply prefer charging their vehicles where they live, utilizing AC Level 2 charging equipment. With EVs consuming roughly 33 kWh over 100 miles and electricity costs pegged at $0.13 per kWh, the U.S. Department of Energy's data suggests that home charging can cost as low as $0.04 per mile. Public stations, in contrast, often have steeper rates. The 2030 National Charging Network report finds that to support a mid-adoption scenario of 33 million EVs on the road by 2030, the nation will need 28 million charging ports. Given already visible shifts in consumer behavior, private residential chargers are expected to form the core of the national ecosystem, complemented by reliable public fast charging. Thus, by encouraging at-home charging, not only are we making the switch to EVs more economical for the end-user, but we're also ensuring that the need for ultrafast chargers on highways remains an outlier scenario, covering only the rare long-distance travels. The Electric Future When it comes to industry-defining changes, what’s being observed in the electrification market is more than a trend; it's a potentially tectonic shift in how we perceive, use and manage transportation. While it's easy to focus only on electric vehicles, the electric future is just as much about intelligent charging solutions that cater to consumers right where they are – at home, at work and in shared spaces. Wallbox, with its innovative technologies and expansive reach, stands at the forefront of this shift, beckoning drivers and investors to be part of this transformative journey in transportation. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 25, 2023 09:25 AM Eastern Daylight Time

Pet Owners Are Spending More And More On Vet Visits, Meds And Higher Quality Pet Food – Here Are The Key Trends Investors Should Watch

Benzinga

By Rachael Green, Benzinga Pet ownership is on the rise in the United States, with an estimated five million more pets today than there were before the pandemic. But this isn’t just a pandemic boom that’s doomed to fade. The number of homes with pets has been trending upward for decades. As the number of pets grows, so, too, does the demand for supplies and services to care for them. According to Morgan Stanley, the pet services industry is set to grow at a compound annual growth rate (CAGR) of 8% over 2022-2030, reaching a projected total of $277 billion. Here are some of the key trends to watch in the booming pet services industry. More Pets And More Spending On Those Pets Is Creating A Surge In Demand Morgan Stanley pegs that 8% CAGR not just to the rise in the number of pets but to the rise in how much owners are willing to spend on them. The annual spend per pet is expected to increase from $980 million in 2020 to $1.9 billion in 2030 as owners take pet health and wellness more and more seriously. In addition to the increased spending, that piece of the household budget is becoming increasingly inelastic. Nearly half of pet owners in a recent Ally Consumer Research survey said they would cut spending on themselves or take on debt before cutting their pet budget. That increased pet spend isn’t just going to higher quality food or dog sweaters. It’s going toward more frequent visits to the vet, increased spending on prescription medications, pet insurance premiums and a more proactive routine of preventative and surgical care for pets. These trends have sparked a wave of new companies entering the space or expanding their reach. In April, PetMed Express (NASDAQ: PETS) acquired PetCareRX for $36 million in a bid to add new health and wellness verticals to its business. The online pet pharmacy will now add PetCareRX’s marketplace of pet wellness supplements and nutritious food to its portfolio. In September, Walmart (NYSE: WMRT) opened its very first pet services center, providing both veterinary care and grooming services to Walmart customers. The Dallas, Georgia location is Walmart’s pilot initiative, but the company says it plans to expand it to other locations in the future. In August, Wag! Group Co. (NASDAQ: PET) expanded its online platform for comparing and buying pet insurance, finding dog walkers or sitters, and getting one-on-one training into Canada as the company eyes global expansion. That same month, the vet services segment saw its first publicly traded company enter the market with the closing of Inspire Veterinary Partners Inc.’s (NASDAQ: IVP) $6.4 million IPO. The owner and operator of vet hospitals is strategically building a nationwide network of hospitals and clinics, with 13 locations across nine states so far. The fast-growing company plans to acquire 10 locations per year while also expanding into related services like emergency care, pet boarding, lab testing, and more. 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 25, 2023 09:25 AM Eastern Daylight Time

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