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Sponge Meme Coin Price Jumps 178% After V2 Upgrade Announcement

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NEW YORK, Dec. 29, 2023 /PRNewswire/ — Meme coin $SPONGE is upgrading to a new version of the token as it pivots to target the crypto gaming space.

The news appears to have been well received by the marketplace, with the coin up 178% since December 22 2023, currently trading at $0.0004043.

Sponge was originally launched in May 2023 in the depths of the bear market, but despite that backdrop was able to achieve price gains of nearly 100x. 

Such was the excitement surrounding the $SPONGE launch, it even featured in the New York Magazine‘s Intelligencer section – widely read on Wall Street and beyond.

Here’s How to Get Hold of Sponge V2

To get hold of Sponge V2 you need to do one of two things:

  • Buy and Stake Sponge V1 through the Sponge.vip websites buy widget
  • Stake held Sponge V1 through the Sponge.vip website
  • The more V1 tokens staked, and the longer the duration, the more V2 tokens that can be earned.

Once the remaining supply of SpongeV1 is sold, Sponge V2 will be available to claim.

Important Information

  •  All V1 tokens sent to the V2 staking pool will reserve an equivalent amount of V2 tokens and earn V2 tokens according to the variable annual percentage yield (APY).
  • The more V1 tokens that are staked, the more V2 tokens will be earned.
  • Staked V1 tokens will be permanently locked, meaning they can never be withdrawn or sold. Sponge V1 tokens will no longer be supported other than for staking once Sponge V2 is launched.

Sponge is BACK Bigger and Better, Absorbing all the Damp

Styled as the Krabby Patty of community driven meme coins, Sponge is ‘back bigger and better than ever’ says the website.

Unlike with Sponge V1, this time, the token launches at the beginning of the next bull market with the introduction of play-to-earn (P2E) gaming utility to its ecosystem.

Interested parties can buy or stake $SPONGE using the widget on the Sponge.vip website to receive the equivalent amount of bonus V2 tokens.

Token holders can keep their V1 Sponge staked to receive earn more Sponge V2. Bought tokens can be viewed on the Staking V2 dashboard, and can be claimed once SPONGE V2 launches.

Upcoming P2E Game Changes Everything

Sponge V2 is bringing exciting utility to the new token! The team is developing a bespoke Play-to-Earn (P2E) game adding more fun and addictiveness to the Sponge ecosystem.

Users will be able to earn $SPONGEV2 tokens by playing the game and ranking on the leaderboard.

There will be a free and paid version of the new Sponge P2E game. Users can play for fun on the free version, or use $SPONGEV2 tokens to purchase game credits. These game credits allow users to play to earn more $SPONGEV2 tokens.

With the added utility of the $SPONGEV2 token, which now enables holders to earn more tokens in-game, Sponge V2 is bringing unrivaled value to the meme coin community. More details about the game will be announced on our social channels closer to the release date.

Sponge V1 to V2 Bridge – Stake to Bridge

Holders: If users are holding original $SPONGE tokens, they must stake them in the V2 smart contract via the website home page to secure their share of the V2 token once it launches. Staked V1 tokens will accrue V2 tokens until the moment the new Sponge V2 token launches.

New Buyers: If users don’t hold any tokens, they can buy $SPONGE via the homepage widget. Purchased tokens will automatically be staked in our V2 smart contract to secure a share of the V2 token once it launches. Staked V1 tokens will accrue V2 tokens until the moment the new Sponge V2 token launches.

Current Stakers: If users are staking original $SPONGE tokens, they must withdraw them from the V1 staking contract and stake them in our V2 smart contract via the website homepage to secure their share of the V2 token once it launches. Staked V1 tokens will accrue V2 tokens until the moment the new Sponge V2 token launches.

Since this method of bridging to a new token is not common in crypto, the following points are important to reiterate regarding the bridging process from Sponge V1 to Sponge V2:

  • Exclusive Launch: $SPONGEV2 can only be earned by staking $SPONGE.
  • Buy & Stake Bonus: Buy and stake $SPONGE for a special bonus in $SPONGEV2.
  • Permanent V1 Lock: Staked $SPONGE tokens are locked up permanently. V1 tokens will be phased out post-V2 launch.
  • Passive V2 Rewards: Keep $SPONGE tokens staked to increase holdings over a 4-year period, starting at a minimum of 40% APY.

When Users Can Claim SpongeV2

Once the staking period is over, users will be able to claim their Sponge V2 tokens via the Sponge website. Dates and times will be announced on our social media channels in due course.

Introducing The Sponge V2 World of Gaming to Come

SpongeV2 is part of the new wave of meme coins that offer real utility value to users and owners of the token.

Sponge V2’s roadmap is a three-stage process. Stage 2 begins with the opening of Sponge V2 claiming and the listing of the coin.

Stage 3 includes Tier 1 centralised exchange listings and the launch of the Sponge Game App.

Sponge V1 can be bought direct on the sponge.vip website or at top exchanges such as Gate, MEXC, BitGet, CoinW and Poloniex.

Disclaimer: Sponge token has no connection or association with the Nickelodeon-created and owned Spongebob cartoon character and TV show.

Photo – https://mma.prnewswire.com/media/2308547/sponge_p2e_game.jpg
Photo – https://mma.prnewswire.com/media/2308548/Sponge_USD_UNI.jpg

Sponge price has jumped 178% following the announcement of the upgrade to Sponge V2 and play-to-earn gaming

Cision View original content:https://www.prnewswire.co.uk/news-releases/sponge-meme-coin-price-jumps-178-after-v2-upgrade-announcement-302023805.html

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Fintech PR

Invitation to presentation of EQT AB’s Q1 Announcement 2024

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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

The following files are available for download:

https://mb.cision.com/Main/87/3956826/2712771.pdf

Invitation to presentation of EQT AB’s Q1 Announcement 2024

https://news.cision.com/eqt/i/eqt-ab-group,c3285895

EQT AB Group

 

View original content:https://www.prnewswire.co.uk/news-releases/invitation-to-presentation-of-eqt-abs-q1-announcement-2024-302109147.html

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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

Photo – https://mma.prnewswire.com/media/2380039/Photo_1__2024_CEO_Investor_Day.jpg
PDF – https://mma.prnewswire.com/media/2380040/Press_Release__2024_Kia_CEO_Investor_Day_240405.pdf

Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/kia-presents-roadmap-to-lead-global-electrification-era-through-evs-hevs-and-pbvs-302109142.html

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

Logo – https://mma.prnewswire.com/media/1430981/BIOVAXYS_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/biovaxys-technology-corp-provides-bi-weekly-mcto-status-update-302108920.html

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