Magnum Opus Acquisition Price, Forecast, Insider, Ratings, Fundamentals & Signals

Hong kong , aug. 25, 2023 /prnewswire/ -- magnum opus acquisition limited (nyse: opa) ("magnum opus" or the "company") announces that on august 22, 2023, as a result of the company's failure to timely file with the securities and exchange commission ("sec") its quarterly report on form 10-q for the quarter ended june 30, 2023 (the "june 2023 form 10-q"), it received a notice from the new york stock exchange (the "nyse") stating that the company is not in compliance with section 802.01e of the nyse listed company manual (the "nyse rules"). under the nyse rules, the company has six months from the due date of the june 2023 form 10-q, or until february 21, 2024 (the "deadline"), to file the june 2023 form 10-q.

New york--(business wire)--forbes global media holdings inc., the iconic business information brand that convenes and curates the most influential leaders driving change, announced today that its shareholders have terminated the business combination agreement with magnum opus acquisition limited (nyse: opa), a special purpose acquisition company. forbes announced record revenue and earnings last year, and has already exceeded the business forecast for 2022 it outlined in its initial investor deck. “the forbes brand is a sought-after and trusted brand with more than 100 years of equity that is synonymous with success and validation,” said mike federle, ceo, forbes. “our digital transformation has delivered double-digit revenue and ebitda growth over the past year, which not only significantly outperformed the financial targets provided at the start of the spac transaction last year but continues to deliver high quality cashflows and compelling year-over-year and sequential growth since then...

New york--(business wire)--forbes today announced that israeli president, isaac herzog, will be addressing the participants of its flagship under 30 summit emea which will take place in tel aviv and jerusalem from may 29 – june 1, 2022. president herzog will be joining a long list of world-renowned entrepreneurs, investors, athletes, artists and others over the four-day event, including ex-nba player omri casspi, waze co-founder uri levine and unicorn founder chen amit (tipalti). herzog was elected president of the state of israel by the knesset and took office on july 7, 2021. prior to his role as president, herzog served as the head of the jewish agency, and before that, served as leader of the opposition in the knesset since 2013, following his election as chairman of the labor party in november 2013...

New york--(business wire)--forbes global media holdings, inc., the iconic business information brand that convenes and curates the most influential leaders driving change, which is pursuing a business combination with magnum opus acquisition limited (nyse: opa), a publicly traded special purpose acquisition company focusing on the global consumer, technology and media sectors, today announced that mike federle, chief executive officer of forbes and mike york, chief financial officer of forbes will present at noblecon18 - noble capital markets’ eighteenth annual investor conference at the hard rock hotel & casino in hollywood, florida on wednesday, april 20 at 11:00 a.m. et. there is also the opportunity to meet the management team at select breakout sessions scheduled for wednesday, april 20 at 10:00 am...

New york--(business wire)--forbes today unveiled a preview of its virtual billionaires nft collection, a first of its kind nft project for the media industry. the collection includes a set of fictional investors with an enormous theoretical portfolio and virtual net worth based on live new york stock exchange pricing. each nft billionaire will have compelling hobbies and an eccentric forbes accessory that will be ranked daily on the forthcoming forbes virtual nft billionaires list. forbes has partnered with ftx, a leading global cryptocurrency exchange, to launch an erc-721 token on april 13. early access to the collection is available to forbes subscribers on april 11. the sale includes an initial drop of 100 virtual nft billionaires and, when the forbes collection sells out, interested parties can still take part in the action by looking for forbes virtual nft billionaires for sale on any erc-721 marketplace...

Arizona's new school choice bill is to education what the Grand Canyon is to natural beauty: awe-inspiring.

The FDA's reputation is going up in smoke.

Forbes Global Media, the publisher of Forbes magazine, said it's doing an about-face on its plans to go public through a merger with a blank-check acquisition firm. The deal, which was announced in August, would have taken the 104-year-old magazine and digital publisher public at a $630 million valuation via a merger with special purpose acquisition.

Business magazine Forbes and online ticketing company SeatGeek said on Wednesday they would terminate deals with blank-check firms, as the SPAC boom fizzles out and such transactions draw greater regulatory scrutiny.

Forbes CEO Mike Federle joins Yahoo Finance's Brian Sozzi and Julie Hyman to discuss the company's $200 million investment deal with cryptocurrency exchange Binance, digital publishing, the outlook for the media industry, and the company's SPAC plans.

NEW YORK--(BUSINESS WIRE)-- #forbes--Forbes Global Media Holdings Inc., the iconic business information brand that convenes and curates the most influential leaders driving change, which is pursuing a business combination with Magnum Opus Acquisition Limited (NYSE: OPA), a publicly traded special purpose acquisition company focusing on the global consumer, technology and media sectors, today announced that management will present at the following upcoming investor conferences: ICR Virtual Conference 2022

Plans to take the Forbes media kingdom public through an SPAC merger could be falling through, and the publication's Chinese ownership is looking.

A leading financial media company could have an alternative to a previously announced SPAC merger, according to a new report. What Happened: Investment firm GSV Asset Management could be bidding to buy Forbes Media in an alternative buyout for the company versus a previously announced SPAC merger, according to Axios.

NEW YORK--(BUSINESS WIRE)-- #Forbes--Forbes today released its 40th annual Forbes 400 list, the definitive ranking of the wealthiest people in America. The package also includes a look at just how philanthropic America's richest are. The Forbes 400 list is a snapshot in time of wealth using stock prices from September 3, 2021. “Despite the uncertainty and the ever-changing market economy, the 2021 Forbes 400 shows that America's wealthiest have grown far richer,” said Kerry A. Dolan, Assistant Managing E

Forbes CEO Michael Federle joins Yahoo Finance Live to discuss the company going public via SPAC and outlook for growth for the business publication. Interactive Brokers Group launched its very own cryptocurrency trading service through Paxos.