Latest news with #Christoph
Hamilton Spectator
5 days ago
- Business
- Hamilton Spectator
Algernon Announces Closing of the Private Placement Financing
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) — Algernon Pharmaceuticals Inc. (the 'Company' or 'Algernon') (CSE: AGN) (FRANKFURT: AGW0) (OTCQB: AGNPF), a Canadian healthcare and clinical stage drug development company, announces the closing of a second tranche (the 'Second Tranche') of its non-brokered private placement (the 'Offering'), previously announced on May 27, 2025, and with updated terms and the closing of the first tranche announced on June 30, 2025. Gross proceeds from the first and the Second Tranche totaled $761,000 from the sale of subscription receipts. Certain insiders of the Company participated in the Offering in the amount of $90,000. The participation by insiders in the Offering constitutes a 'related party transaction' as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ('MI 61-101').The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the Common Shares purchased by insiders, nor the consideration for the Units paid by such insiders, exceeded 25% of the Company's market capitalization. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the Offering, which the Company deems reasonable in the circumstances as the details of the participation by insiders of the Company were not settled until shortly prior to closing the Offering and the Company wished to complete the Offering in an expeditious manner. The Company did not pay any cash finder's fees pertaining to the Second Tranche of the Offering. The Company will use the proceeds of the Second Tranche of the Offering towards advancing its new Alzheimer's Disease initiative for the opening of its first U.S. neuroimaging clinic planned to open in Q4 2025, general and administrative expenses and for working capital purposes. The Company is also announcing that the Offering is now closed. The securities issued and issuable, described in this and the previous news releases on May 27, 2025 and June 30, 2025, will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable Canadian securities legislation. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act'), or any state securities laws, and may not be offered or sold within the United States or to, or for the account or benefit of, 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and applicable state securities laws, or an exemption from such registration. For more information please contact: Christopher J. Moreau CEO Algernon Pharmaceuticals Inc. 604.398.4175 ext 701 info@ investors@ . About Algernon Pharmaceuticals Algernon Pharmaceuticals is a Canadian healthcare company pioneering the establishment of Alzheimer's screening, imaging and treatment medical clinics in North America, while also advancing clinical stage pharmaceuticals through the investigation of multiple drugs for unmet global medical needs. Algernon Pharmaceuticals is also the parent company of a private subsidiary called Algernon NeuroScience, that is advancing a psychedelic program investigating a proprietary form of DMT for stroke and traumatic brain injury. Visit for more information. Visit for more information. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. CAUTIONARY DISCLAIMER STATEMENT: No Securities Exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as 'will', 'may', 'should', 'anticipate', 'expects' and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
Mid East Info
01-07-2025
- Business
- Mid East Info
Figment Expands into Middle East With Key Hire, Amid Strategic Partnership and Rising Institutional Demand - Middle East Business News and Information
United Arab Emirates, June 2025 — Figment, the leading independent provider of institutional staking infrastructure, is deepening its presence in the Middle East as digital asset adoption accelerates across the region. As part of this expansion, Figment has appointed Christoph Richter as its first Head of Business Development in the Middle East and announced a key partnership with UAE-based custody provider Tungsten, a trusted name in institutional digital asset services. This collaboration leverages Tungsten's well-established industry position and existing licensing within the Abu Dhabi Global Market (ADGM), enabling them to offer enhanced, non-custodial staking options to clients via Figment's infrastructure. The move marks a major step in expanding compliant staking access across the UAE and the broader MENA region and Christoph will be Figment's first on-the-ground hire in the region. 'Staking can be understood as earning the risk-free rate on proof-of-stake networks like ETH and SOL,' said Christoph Richter. 'With inflation beating rewards and rising institutional digital asset allocations, staking is becoming a core strategy Figment's formal entry into the region is driven by growing demand for compliant, reward-generating solutions aligned with long-term digital asset investment strategies. 'The Middle East is uniquely positioned to benefit from institutional staking,' said Eva Lawrence, Figment's Head of EMEA & Regional MD. 'With Christoph's deep background in traditional finance and digital assets, he's perfectly placed to lead our growth in this high-potential market.' Christoph will lead business development and strategic partnerships, reporting to Eva Lawrence, the Head of EMEA. He brings nearly two decades of TradFi derivatives experience, including senior roles at JP Morgan, Barclays, BNP Paribas, and UBS. In his most recent TradFi role, he led derivative solutions for Southern Europe and DACH at MUFG. Since entering the digital asset industry in 2017, he has advised top-tier firms and co-founded the proprietary BTC & ETH trading venture Vol Capital, building market neutral quantitative investment strategies. Christoph brings a wealth of experience of working on major infrastructure Public Private Partnerships transactions across the Middle East, particularly in Saudi, building strong ties to the region's major players and capital markets. Now based in the UAE and fluent in five languages, he brings a truly global perspective to Figment's regional growth. This move builds on Figment's global expansion across EMEA, the Americas, and APAC, reflecting increased institutional demand for secure and regulatory-aligned staking solutions and cementing Figment's leadership as the most trusted institutional staking provider. Christoph's appointment and the partnership with Tungsten underscore Figment's commitment to investing in local leadership and strategic infrastructure tailored to the needs of the region. About Figment: Figment is the leading independent provider of staking infrastructure. Figment provides the complete staking solution for over 700 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets. On Ethereum, Figment is the largest non-custodial staking provider of staked ETH. Institutional staking services from Figment include seamless point-and-click staking, portfolio reward tracking, API integrations, audited infrastructure, and slashing protection. This all leads Figment's mission to support the adoption, growth, and long-term success of the digital asset ecosystem.
Washington Post
22-06-2025
- Entertainment
- Washington Post
‘The Scrapbook' considers the weight of history on a modern love
How does history constrain our personal choices? Can we and should we try to break free? Heather Clark, author of the splendid Sylvia Plath biography 'Red Comet' (2020), poses these questions in her immersive first novel, 'The Scrapbook.' One inspiration, she reveals in an author's note, was her grandfather's World War II scrapbook, with its gruesome photographs of the Dachau concentration camp after liberation. But the novel's core narrative involves a passionate and seemingly doomed collegiate love affair five decades later. The protagonist, Anna, is relating the main story, set in the late 1990s, in retrospect. She seems at times completely in the (remembered) moment; at other points, she is clearly looking back, or flashing forward to the romance's unraveling. Her journal of the period, she says, has been lost. Clark omits quotation marks around dialogue, speeding the narrative flow. Anna, a gifted Harvard senior on the verge of graduation, falls for Christoph, a thrillingly handsome and seductive German student who is visiting from abroad. They meet at a party and, immediately smitten, she spends the week before finals engaged in deep conversations with him. (The sex comes later.) Despite the unwieldiness of their long-distance romance, the cultural gulf between them, Christoph's intermittent aloofness and warnings from her friends, Anna stays smitten, building her postgraduate life around him — or trying to. 'He was everything to me then,' she recalls, in an obvious intimation of disaster. Later she'll admit that her vision of the relationship 'had the hazy, shimmering quality of a mirage.' The book's simple-enough plot is fleshed out with literary references (Plath's poem 'Daddy' merits a callout, as do Rainer Maria Rilke, Heinrich Heine, Tadeusz Borowski and, more obliquely, W.H. Auden). Clark invests even more in her characters' conversations about the politics and landscape of Holocaust memory. The bibliography appended to the novel shows how deeply she has steeped herself in the subject. The dialectic between remembering and forgetting turns out to be a complicated one, as each German generation struggles anew with the country's criminal past. Christoph views popular allegiance to Hitler as a case of mass hypnosis. Anna acquits him, reasonably enough, of any complicity. 'He wasn't a Nazi,' she tells herself. 'He was a twenty-three-year-old German man wrestling with questions of evil and guilt and responsibility, questions that would probably haunt him all his life.' The central narrative is interrupted by the wartime adventures of Anna's soldier grandfather, whose photographs fill the scrapbook of the title, and both of Christoph's grandfathers, who participated, in different ways, in the German war effort. There are surprises here, but also literary conundrums: Who is relating these stories, and why? How reliable is the third-person narrator of the historical sections? And what light do these vignettes shed on Anna and Christoph's entanglement? These interpolations seem to have their rationale in the novel's thematic concerns. Clark is interrogating whether past misdeeds implicate future generations — and whether they should. In an epigraph, she quotes the German writer W.G. Sebald, who notes that when he saw images of war, 'horrors I did not experience cast a shadow over me, and one from which I shall never entirely emerge.' To appreciate 'The Scrapbook,' it helps to remember the pull of youthful, hormone-fueled love based on magnetic, perhaps ineffable attraction. The ineffability is, of course, a challenge for the novelist. 'I closed my eyes and my body became the sea,' Clark writes, in one attempt to capture Anna's sexual acquiescence. Only the force of her infatuation can compel Anna (if not the reader) to disregard the many indications that Christoph isn't quite who she imagines — or wants — him to be. To begin with, Anna's Harvard roommates, both Jewish, dislike Christoph, mainly because he is German — a reaction at once harshly intolerant and understandable. More worrying is Christoph's own behavior. When Anna visits him in Germany, he wanders off at parties and ignores her. He belongs to a fencing fraternity whose hazing rituals seem ominous or, at best, ill-conceived. He breaks a promise to visit the United States again. And even though she ditched her studying for his company when they first met, Christoph seems to put his own studies first. When she telephones him during a long, transatlantic separation, he is often mysteriously absent — and unwilling even to call her back. As Clark depicts him, Christoph, however self-centered, also displays considerable sophistication and historical savvy. Banal treachery seems beneath him. That makes his behavior in the book's climactic scene seem surprising, even preposterous, despite Clark's careful foreshadowing. There are nevertheless hints that the story of the two lovers may not be over. An open-ended epilogue offers a glimmer of hope that love may yet overcome history. Julia M. Klein is the contributing book critic at the Forward, and she reviews for the Wall Street Journal, Los Angeles Times, Boston Globe and other publications. By Heather Clark Pantheon. 244 pp. $28
New York Times
17-06-2025
- Entertainment
- New York Times
They Were Enemies in War. Now Their Grandkids Are in Love.
THE SCRAPBOOK, by Heather Clark Germany's cultural identity was spoiled by fascism. Some of its most transcendent contributions to literature, music and the arts are mistrusted now, as coming from a country that, for a dozen years, was led by a ranting authoritarian who scapegoated a socially vulnerable group, locked up its members in slave labor camps without due process (much as America is locking up undocumented immigrants today in CECOT, a forced-labor prison in El Salvador), and went on to organize their deaths. 'The Scrapbook,' the first novel by Heather Clark, the author of a well-received biography of Sylvia Plath, imagines a love affair shadowed by the Holocaust two generations later. It's 1996, and Anna, an American senior at Harvard, falls for Christoph, a blond German with an archaic torso, a fencing scar on his left temple and a somewhat flickering attentiveness. Early on, Anna and Christoph realize that their grandfathers had fought on opposite sides in World War II: Hers was one of the first Allied soldiers to help liberate the Nazi concentration camp at Dachau, and to arrive at Hitler's mountain retreat at Berchtesgaden. She treasures a scrapbook of his photos. In an author's note, Clark writes that her own grandfather's wartime photos are collected in a similar scrapbook. Christoph's two grandfathers, meanwhile, served in the German Army (the Wehrmacht, not the S.S., he emphasizes), though one was a teenager drafted in the war's final days and the other deserted and joined the Resistance in 1943 — or so Christoph claims to believe. After an initial idyll in Anna's Harvard dorm, the romance shifts to Germany, where Christoph shows Anna not only Dachau and Berchtesgaden but also Nuremberg's Palace of Justice, where Nazi officials were tried after the war; the Black Forest, which makes her think of 'witches and gingerbread'; and the Christmas market in Hamburg, where the glühwein inspires her to wonder, 'What had I done to deserve such happiness?' As Christoph tutors her in German history and philosophy ('Have you read Habermas?' he quizzes), she low-key tries to figure out how complicit his family was with Nazi crimes. Were the impressive 19th-century antiques in his parents' music room plundered from Jewish families? Want all of The Times? Subscribe.
Daily Record
20-05-2025
- Daily Record
Warning to parents over 'sharenting' social media trend putting children at risk of danger
Social media is a great way to connect, but oversharing can be a risk for all involved Social media is inescapable in this day and age- around 1.3 billion photos are shared on Instagram every day, and there are around 600 million monthly users on X. But sharing pictures and information online can be dangerous, particularly with the rise of artificial intelligence. It's vital to be careful about what you're posting online, particularly if you have children. And AI experts at AIPRM have shared some information on why you should avoid oversharing on social media. Here are five risks associated with posting pictures and information online, and what you can do to keep yourself and your children safe. 1. Dangers of oversharing about your child Often known as 'sharenting', it is becoming increasingly common for parents to share screeds of information about their children via social media. But Christoph advises parents to be vigilant: 'Cyber crime is rising rapidly, and exposing your child's details online could see them fall victim to fraud or other crimes. "If you want to share images or details on your child's activities, it is always best to do this in private group chats with people you trust. I would always advise avoiding sharing this information on social media, due to the risks involved." 2. Identity theft All social media pages and accounts host a gold mine of personal information for criminals such as names, date of birth, home location, places of work, and even the details of our family, friends and kids. Christoph advises: 'The host of readily available personal information on social media has made it even easier for criminals to carry out identity theft, and with the rise of AI's capabilities, this is even quicker to do. "By combining real data with fabricated details, AI can be used to generate realistic IDs, official documents, or utility bills. This makes identity theft much harder to detect. "That's why it's crucial to think carefully about what you share online - not just to protect your own privacy, but also the security of your family and friends, who could be targeted by a fake version of you.' 3. Social engineering and financial scams Social engineering often involves attackers creating fraudulent social media profiles and using these to impersonate a trusted or legitimate individual or organisation. Through this, they can psychologically manipulate victims into sharing information or clicking on links that are unsafe and contain malware or scams. Christoph states: "Always be cautious when engaging with people on social media, and if they claim to be someone you know, be sure to ask them personal questions that only they would know the answer to.' 4. Deepfakes and voice cloning Scammers need just three seconds of audio to clone a person's voice, and with so many videos available on social media, it is becoming even easier for criminals to generate voice clones. Similarly, the wide array of selfies on social media has fuelled AI- powered scams. From a single image of your face, fraudsters can use AI to create a full photo, complete with a natural looking background and other aspects that appear authentic. 'Deepfakes are becoming widespread, and with our voices and images often available on social media, millions are at risk of becoming victims," says the expert. "To protect yourself, make sure that those you follow on social media and allow to view your content are people you know and trust. Having a publicly open profile increases your risk of being targeted. "If you think you have been a victim of a deepfake, contact your local fraud centre as soon as possible to report it.' 5. Reputation damage Oversharing on social media also carries the risk of personal or professional reputation damage. Engaging with the wrong things on social media can create a negative image of the user. The AI expert says: "Many people have fallen into the trap of engaging with this content, whether it be an AI generated image, or a fake article. "Always fact check any news or sources you see on social media via trusted and reputable sites, as unverified online information could be fake, and may even include fraudulent links." Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'.
