NEWPORT BEACH, Calif., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Elevai Labs, Inc. (NASDAQ: ELAB) (“Elevai” or the “Company”), a leader in medical aesthetics, announced today that it is has withdrawn the previously announced offer (the “Offer”) to holders of the Company’s outstanding Common Stock (the “Common Stock”), to exchange up to 15,000,000 shares of Common Stock for up to 15,000,000 shares of the Company’s newly issued Series B Preferred Stock (“Series B Preferred Stock”), as a result of notice from the Depositary Trust Company (“DTC”) that due to logistical issues, DTC would not be able to accept the tenders of Common Stock. As a result of this withdrawal, no shares will be exchanged in the Offer and all shares previously tendered and not withdrawn will be promptly returned to tendering holders. The Company had intended to complete the Offer prior to a planned reverse stock split; however, unforeseen circumstances, including amending the offering materials in response to Securities and Exchange Commission ("SEC") comments, caused delays. As a result, the Company has withdrawn the Offer to prioritize regaining compliance with Nasdaq's listing requirements. The Company’s obligation to exchange shares pursuant to the Offer was subject to a condition that specified the Series B Preferred Stock shall be eligible for deposit with the DTC. As shares of Common Stock tendered could not be accepted by the DTC and exchanged for Series B Preferred Stock, the Offer could not be settled. The Company will assess whether to commence a new exchange offer, though there can be no assurance that the Company will proceed with a new exchange offer or as to the terms thereof. About Elevai Labs, Inc. Elevai Labs Inc. (NASDAQ: ELAB) specializes in medical aesthetics and biopharmaceutical drug development, focusing on innovations for skin aesthetics and treatments tied to obesity and metabolic health. The Company operates a diverse portfolio of three wholly owned subsidiaries across the medical aesthetics and biopharmaceutical sectors, Elevai Skincare Inc., Elevai Biosciences Inc., and Elevai Research Inc. For more information please visit www.elevailabs.com . Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov . IR Contact: IR@ElevaiLabs.como me o life summary 。

Jamiya Neal's monster game leads Creighton past UNLVTEHRAN – Rear Admiral Shahram Irani, Commander of the Iranian Navy, announced at a Tehran press briefing on Saturday that the force will soon be receiving a number of new domestically designed and manufactured submarines. "We will be taking delivery of several new submarines in the near future," he stated, framing this development within a broader context of the Iranian Navy's ongoing modernization and expansion of its global presence. Admiral Irani emphasized the Navy's success in overcoming various threats and sanctions, asserting that it has made significant progress toward national strategic goals. He highlighted the Navy's persistent efforts to maintain a strong presence in international waters, explaining plans to upgrade existing vessels and bolster its offshore bases. "We are diligently working to maintain our presence and update our capabilities in all fields," he said, detailing plans to meet operational demands across a wide range of capabilities. The Admiral specifically addressed the Navy's ongoing submarine construction program, confirming that several new submarines are nearing completion and will soon be commissioned. He also lauded the force's considerable missile capabilities, stating that the Iranian Navy produces a diverse range of missiles. "We possess weapons systems with a range exceeding 1,000 kilometers," he declared, further noting significant advancements in the Navy's electronic warfare capabilities. Admiral Irani revealed the construction of vessels larger than the Mowj-class, confirming that two such larger warships are currently under construction. Looking ahead to the upcoming national Navy Day celebration on November 29th, he detailed plans for a ceremony with anticipated attendance from foreign delegates. "This year's Navy Day will feature a ceremony with foreign delegates," he confirmed. Further plans outlined by the Admiral include an international maritime emergency response drill, as well as a large-scale combined naval exercise to be conducted before the end of the current Iranian calendar year (March 20th). He also emphasized the Navy's commitment to regional cooperation, mentioning plans for joint patrols with neighboring countries and the establishment of several new oceanic hubs. "We are currently exchanging cadets and professors with neighboring states, staging combined drills and holding bilateral meetings," Irani asserted, highlighting existing collaborative efforts. Admiral Irani concluded his statement by asserting Iran’s active role in the evolving multipolar world order, emphasizing a commitment to peaceful relations while maintaining a strong stance against adversaries. He stressed Iran's determination to remain an independent and influential actor on the global stage, declaring, "The enemies must bear in mind that Iran will never be isolated."

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Marlena Velez billed herself as a mom-vlogger and shared about earning a high-income through her social media content A Florida content creator was arrested last week after allegedly being caught shoplifting — in her own video. Marlena Velez, 22, was arrested Wednesday, Nov. 20, in connection with a theft reported at a Cape Coral, Fla., Target in October, the said in a statement. Per the police statement, Target alleged that the suspect picked up several items on sale, and instead of scanning those items, she scanned barcodes of different, cheaper items at self-checkout. The stolen goods included 16 articles of household items and clothing, totaling $500.32 in value, police said. Cape Coral Police Dept. When Cape Coral police released security footage of the suspect, officials they received an anonymous tip that led them to Velez’s Instagram and TikTok. Her TikTok account has 356,000 followers, but her Instagram account appears to have been taken down. Investigators say they matched the security footage of her with the outfits and activities seen in a post on TikTok she made the same day as the theft. In her TikTok video, snippets of which were shared by Cape Coral police, Velez is apparently seen picking up several items, including a Stanley mug, a mini cosmetics bag and a milk-and-cookies set. She then appears to film herself filling up her trunk with several shopping bags. The video is no longer available on Velez’s TikTok. Cape Coral Police Dept. Velez billed herself as a mom vlogger posting about home decor and fashion, starting back in 2020. In one September 2023 TikTok video, she speaks about her high income — earning, from just one video, the equivalent of what her boyfriend earns in a month. "If i have any advice it's just to keep posting. keep posting anything and everything. who cares if it gets 20 views just post it. stop waiting for the 'right time' once you believe in yourself so will others," she wrote in part of the caption, adding: "there are so many opportunities you may be passing up because you're scared to pick up that camera and film content!" Velez has been charged with one count of petty theft. Online court records show Velez has been released on bond, but did not indicate any information about an attorney or plea.The AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . LAKE CHARLES, La. (AP) — Christian Shumate’s 22 points helped McNeese defeat NCAA Division-member LeTourneau 103-69 on Saturday night. Shumate also contributed five rebounds for the Cowboys (5-4). Quadir Copeland added 20 points while shooting 7 of 8 from the field and 6 for 6 from the line while they also had nine rebounds, 11 assists, and three steals. Sincere Parker had 16 points and went 7 of 11 from the field. The Yellow Jackets were led by Deonte Jackson, who posted 21 points, five assists and seven steals. Walker Blaine added 14 points and four assists for LeTourneau. Caedmon Liebengood also had 14 points. McNeese visits Mississippi State in its next matchup on December 14. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

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In the nearly four years since Joe Biden was sworn in as President in 2021, groundbreaking advances in artificial intelligence (AI) became widely available that offer the potential to revolutionize employment-related decisions and processes for recruiting, hiring, promotions, and employee evaluation. As the nation prepares for a second Trump Administration, and employers increasingly interested in adopting and using AI tools, one question on employers’ minds is what can they expect with respect to federal regulation of AI? The Biden Administration took a measured but deliberate approach to regulating AI in general and with respect to employment applications in particular, primarily by issuing non-binding guidance and articulating enforcement priorities with respect to laws already on the books, such as Title VII and the Americans with Disabilities Act. The lynchpin of this approach was an October 2023 Executive Order (Executive Order) that outlined the administration’s “comprehensive strategy for responsible innovation.” As relevant to employers and developers of AI tools for employers, that strategy included developing “principles and best practices to mitigate the harms and maximize the benefits of AI for workers,” and “directing agencies to combat algorithmic discrimination.” Although it is difficult to predict precisely what the incoming Trump Administration will do in this space, there is an expectation it will unwind these efforts. The Republican Party platform promised to repeal the Executive Order, which it called “dangerous” because it “hinders AI Innovation and imposes Radical Leftwing ideas on the development of this technology.” The platform also expressed support for “AI Development rooted in Free Speech and Human Flourishing,” suggesting a more laissez-faire approach to AI regulation. With Republicans also winning control of the Senate and the House of Representatives, federal legislation regulating employer’s use of AI tools appears unlikely. If the Trump Administration takes a hands-off approach as expected, regulation of AI employment tools will likely continue (or even accelerate) at the state and local levels. Colorado, New York City, and Illinois have already passed legislation in recent years regulating the use of AI in employment decisions. The main features of these laws include disclosures about AI use (both to the public and to affected individuals) and audit requirements for automated decisionmaking tools aimed at identifying and mitigating algorithmic bias. Similar laws have been introduced in other state legislatures, and they may proliferate if it becomes clear that comprehensive federal regulations are not forthcoming and as lawmakers become more educated on AI issues.

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