ROSEN, NATIONAL TRIAL LAWYERS, Encourages YS Biopharma Co., Ltd. f/k/a Summit Healthcare Acquisition Corp. Investors to Inquire About Securities Class Action Investigation – YS, SMIH

NEW YORK, April 29, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of YS Biopharma Co., Ltd. f/k/a Summit Healthcare Acquisition Corp. (NASDAQ: YS, SMIH).

SO WHAT: If you purchased YS Biopharma’s securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=15291 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.

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 litigate securities class actions. 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.

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

GlobeNewswire Distribution ID 8828148

HBNC INVESTOR NEWS: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Horizon Bancorp, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – HBNC

NEW YORK, April 28, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Horizon Bancorp, Inc. (NASDAQ: HBNC) between March 9, 2022 and March 10, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 20, 2023.

SO WHAT: If you purchased Horizon 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 Horizon class action, go to https://rosenlegal.com/submit-form/?case_id=12953 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 June 20, 2023. 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. 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, defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company maintained deficient internal accounting controls relating to its classification of certain loan balances and securities; (2) as a result of the foregoing deficiencies, throughout 2022 the Company issued quarterly financial statements containing errors that would require subsequent revision; (3) restatement of the foregoing financial statements would hinder the Company’s ability to timely file its annual report for 2022; and (4) as a result, the Company’s 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 Horizon class action, go to https://rosenlegal.com/submit-form/?case_id=12953 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

GlobeNewswire Distribution ID 8828211

Sultan AlNeyadi makes history as the first Arab astronaut to complete a spacewalk on the ISS

DUBAI, 28th April, 2023 (WAM) The Mohammed Bin Rashid Space Centre (MBRSC) achieved a new milestone on Friday when astronaut Sultan AlNeyadi ventured out of the International Space Station (ISS) and completed his spacewalk. With the conclusion of the mission task, the UAE commemorates AlNeyadi as the first Arab to undertake a spacewalk during Expedition 69, currently underway on the ISS. This accomplishment marks an important step forward for the Arab world’s participation in space exploration. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said: “After three years of intensive training, today we see Sultan AlNeyadi on his first spacewalk, carrying out several tasks outside the International Space Station. AlNeyadi is the first ever Emirati, first Arab and first Muslim astronaut to perform a spacewalk.” His Highness Sheikh Mohammed bin Rashid added: “It is a fact that many stars have Arabic names. Arabs are capable and innovative. Our focus on science and investment in youth will shape our future.” The historic first Arab spacewalk lasted 7.01 hours in the vacuum of space on the starboard side of the International Space Station’s truss structure, accomplishing two key objectives. One of the objectives of the Extravehicular Activity (EVA), undertaken by AlNeyadi along with NASA Flight Engineer Stephen Bowen, was to work on a series of preparatory tasks which involved routing power cables, which was successfully concluded. These cable works were completed as a precursor to the installation of the Space Station’s fourth roll-out solar array, known as the International Space Station Roll-Out Solar Array (iROSA), which is scheduled to be delivered on the upcoming SpaceX Dragon cargo mission. The next objective was to retrieve a crucial Radio Frequency Group (RFG) unit. This communications antenna, or RFG will stay bolted on the station for now due to the difficulty of removing it. Prior to embarking on their spacewalk, AlNeyadi and Bowen underwent a two-hour oxygen purge to eliminate nitrogen from their bodies. Following this, Warren Hoburg and Frank Rubio assisted the astronauts in donning their spacesuits – a major operation in itself. It took both AlNeyadi and Bowen an additional hour to put on their spacesuits and safety gear before entering the airlock to gradually reduce the pressure to a safe level for opening the exterior hatch. Bowen was out of the hatch connecting his cable to the outside of the hull before anchoring AlNeyadi’s line outside as well. AlNeyadi then disconnected from the inside of the airlock and commenced the tasked activities. lNeyadi’s progress during the spacewalk was observed by Hazzaa AlMansoori, the Expedition 69 increment lead, from the NASA ground station in Houston. Key safety checks of Sultan’s spacewalk Prior to the spacewalk, a thorough set of checks were conducted to ensure the safety of the astronauts. During their high-altitude walk outside the ISS, AlNeyadi and Bowen had to contend with two major challenges: radiation and extreme temperatures. The surrounding environment in space can reach scorching temperatures of up to 120 degrees Celsius in the sunlight and drop as low as -150 degrees Celsius when the sun is out of sight. While the spacesuit is geared to handle all this, careful management of the suit during the mission was also a task at hand. nother pressing concern, even after all the necessary precautions were taken, was the threat of space debris. It is not uncommon for space debris to come dangerously close to the orbital outpost, posing a significant risk to the crew. Hamad Obaid AlMansoori, Chairman, MBRSC, said, “The UAE Mission 2 is a truly inspiring endeavour that embodies the spirit of Emirati excellence and determination to achieve greatness in all our pursuits. From its inception as the longest Arab space mission to the historic appointment of the first Arab increment lead on an ISS expedition, and now continuing with the groundbreaking achievement of the first Arab spacewalk by Sultan AlNeyadi, this mission has set a new standard for excellence in space exploration. Under the patronage of the wise leadership, this remarkable milestone not only represents the UAE’s unwavering commitment to consolidating its position as a dominant force in space, science, and technology but also serves as a powerful motivator for future generations to strive for knowledge and innovation with boundless enthusiasm and dedication.” Salem Humaid AlMarri, Director General, MBRSC, said, “Sultan AlNeyadi’s spacewalk has generated an unprecedented level of excitement and interest within the public, underscoring the immense significance of this mission. We are grateful to our visionary leadership for their unwavering support and guidance, which has enabled us to realise this ambitious goal and set the stage for even greater achievements in the future. While Sultan is conducting ground-breaking scientific experiments on the ISS, the addition of the spacewalk showcases yet another dimension of the UAE’s remarkable expertise in space exploration. This milestone achievement will play a critical role in restoring the International Space Station to its full operational capability, cementing the UAE’s position as a leading contributor to the global space community. ” dnan AlRais, Mission Manager, UAE Astronaut Programme, MBRSC, said, “The historic achievement of the first-ever Arab spacewalk by Sultan AlNeyadi, as part of the longest Arab space mission in history, represents a remarkable milestone for the UAE. From the outset of the UAE Astronaut Programme journey, our astronauts have always set their sights on achieving the extraordinary, and with unparalleled skill and determination, they have risen to the challenge in a way that has captivated the world’s attention. As we celebrate this momentous achievement, we look eagerly to the future with great anticipation, as a new cadre of UAE professionals prepares for future missions that will enable them to further showcase our nation’s growing capabilities in the field of space exploration.” Two months in space AlNeyadi will soon be completing two months in space after launching from Cape Canaveral in Florida with his Crew-6 team members on 2 March. For his second month aboard the Space Station, AlNeyadi conducted multiple experiments, including several key ones, such as: Collecting air samples from the Destiny and Columbus laboratory modules before cleaning the Veggie space botany facility. The samples were analysed for research purposes. Sending approximately 1,950 kg of valuable scientific experiments and other cargo back to Earth on a Dragon cargo spacecraft, as part of the 27th contracted cargo resupply mission to the International Space Station (ISS). The spacecraft splashed down off the coast of Tampa, Florida in the US earlier this month. Setting up the hardware for the CapiSorb Visible Systems fluid physics study. This experiment investigates the potential of using a liquid-based carbon dioxide removal system to promote more efficient space-based solutions and advanced Earth-bound applications. Treating samples In the Kibo laboratory module for the Engineered Heart Tissues-2 experiment using Kibo’s Life Sciences Glovebox. This research may help doctors treat, as well as prevent, space-caused heart conditions and Earth-bound cardiac disorders. Working on two technology experiments. In the first experiment, AlNeyadi demonstrated the use of a 3D printer to manufacture tools, components, and experiments on the orbital outpost. The second experiment entailed collecting and stowing samples in a science freezer for a study exploring the biomanufacturing of pharmaceuticals in space. The UAE Astronaut Programme is one of the projects managed by MBRSC under the UAE’s National Space Programme and funded by the ICT Fund of the Telecommunications and Digital Government Regulatory Authority (TDRA), which aims to support research and development in the ICT sector in the UAE and promote the country’s integration on the global stage.

Source: Emirates News Agency (WAM)

IsDB,Uzbekistan sign US$ 396.7 mn financing agreements to boost infrastructure, rural development, education

JEDDAH, 28th April, 2023 (WAM) Islamic Development Bank (IsDB) President and Group Chairman, Dr. Muhammad Al Jasser, and Uzbekistan Minister of Investments, Industry, and Trade, Mr. Laziz Kudratov, have signed three financing agreements to support the development of critical infrastructure and social services in Uzbekistan. These agreements aim to promote sustainable economic growth, enhance rural development, and improve early childhood education in the country. Under the first agreement, IsDB will provide US$ 260 million in financing for the Integrated Rural Development Project, which is being implemented under the IsDB Group’s Food Security Response Program (FSRP). The project will empower local communities, improve their access to quality and resilient infrastructure, and strengthen knowledge of climate-smart agriculture practices. By reducing rural poverty and increasing the resilience of the target population, this project will contribute to achieving sustainable development in the country. The second financing agreement, worth US$106.7 million, is to support the reconstruction and upgrading of the M39 road in Uzbekistan. This project will improve the efficiency of the road transport infrastructure and ensure the safe movement of goods and people along the project road section. This will not only benefit the local economy but also promote regional integration and trade. The third agreement provides US$30 million in financing for Enhancing Access to Quality Early Childhood Education Project which will support the Government of Uzbekistan’s target of achieving universal pre-school enrollment. It aims to enhance access to quality early childhood education facilities and improve the quality of early learning environments in Uzbekistan. The IsDB Group and Uzbekistan have been partners since 2003, and to date, the Group has financed several projects in the country across various sectors, including agriculture, energy, education, and transport worth more than US$ 3.46 billion approvals. The IsDB Group remains committed to supporting Uzbekistan’s development priorities and promoting inclusive and sustainable growth in the country.

Source: Emirates News Agency (WAM)

Mansour bin Zayed crowns Sharjah FC as champion of UAE President’s Cup

ABU DHABI, 28th April, 2023 (WAM) — His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, watched the final match of the UAE President’s Cup at the Mohamed bin Zayed Stadium in Abu Dhabi, on Friday. His Highness Sheikh Mansour bin Zayed crowned the Sharjah Club as the champion of the UAE President’s Cup, after defeating Al Ain Club in a penalty shootout. His Highness congratulated the players of the two clubs for their efforts and the high skills they showed during the final match of the most coveted cup in UAE football. Sharjah won the cup for the second running year and the tenth time in its history in a penalty shoot-out after a 1-1 draw. His Highness said that the wise leadership pays special attention to developing the sports sector, supporting national clubs in order to improve the sports sector, empowering athletes and encouraging them to excel by providing them with all factors for success. Watching the match also were Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, Sheikh Khalifa bin Tahnoun Al Nahyan, Executive Director of the Martyrs’ Families’ Affairs Office, Sheikh Rashid bin Humaid Al Nuaimi, President of the UAE Football Association (UAEFA), Sheikh Hamad bin Khalifa bin Ahmed Al Thani, President of Qatari Football Association (QFA), Abdullah Al-Shaheen, President of Kuwaiti Football Association (KFA), Adnan Darjal, President of Iraqi Football Association (IFA), and Dato’ Windsor, General Secretary of the Asian Football Confederation (AFC).

Source: Emirates News Agency (WAM)

Thousands safely cross Red Sea from Sudan despite chaos

Around 2,000 people have arrived in Saudi Arabia’s coastal city of Jeddah, after being evacuated amid chaotic scenes from Port Sudan in eastern Sudan.

Earlier a Chinese military ship with nearly 500 Chinese and Pakistani nationals also made the 12-hour sea crossing.

People from more than 70 countries are now reported to have reached Jeddah from Port Sudan.

Most are expected to be flown home via charter flights arranged by their governments within the next few days.

Source: BBC