ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages AST SpaceMobile, Inc. Investors to Secure Counsel Before Important June 17 Deadline in Securities Class Action – ASTS

NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AST SpaceMobile, Inc. (NASDAQ: ASTS) between November 14, 2023 and April 1, 2024, both dates inclusive (the “Class Period”), of the important June 17, 2024 lead plaintiff deadline.

SO WHAT: If you purchased AST SpaceMobile 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 AST SpaceMobile class action, go to https://rosenlegal.com/submit-form/?case_id=24272 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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 17, 2024. 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. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. 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 and/or failed to disclose that: (1) production of AST SpaceMobile’s five Block 1 BlueBird satellites had been negatively impacted by two suppliers of key subsystems; (2) as a result, AST SpaceMobile had not substantially completed the production of the Block 1 BlueBird satellites; (3) as a result, AST SpaceMobile’s five Block 1 BlueBird satellites were not on track to launch in the first quarter of 2024; and (4) as a result of the foregoing, defendants’ positive statements about AST SpaceMobile’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the AST SpaceMobile class action, go to https://rosenlegal.com/submit-form/?case_id=24272 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@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
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9150108

Rovio, SEGA, and Prime Focus Studios Announce The Angry Birds Movie 3 Is In Production At DNEG Animation

Rovio, SEGA, and Prime Focus Studios Announce The Angry Birds Movie 3 Is In Production At DNEG Animation

Rovio Entertainment Corporation, SEGA, and Namit Malhotra’s production company Prime Focus Studios, announced today that they are starting production on The Angry Birds Movie 3, with DNEG Animation attached as animation partner. Prime Focus Studios, Rovio, and SEGA will produce the movie in association with One Cool Group, Flywheel Media, and dentsu.

Jason Sudeikis and Josh Gad return to the flock

The Angry Birds Movie franchise has so far grossed
more than $500m at the worldwide box office

LONDON, June 06, 2024 (GLOBE NEWSWIRE) — Rovio Entertainment Corporation, SEGA, and Namit Malhotra’s production company Prime Focus Studios, announced today that they are starting production on The Angry Birds Movie 3, with DNEG Animation attached as animation partner. Prime Focus Studios, Rovio, and SEGA will produce the movie in association with One Cool Group, Flywheel Media, and dentsu.

The third installment in the franchise will follow the continuing adventures of Red and Chuck, voiced once again by Jason Sudeikis (Ted Lasso, SNL, We’re the Millers) and Josh Gad (Frozen, Beauty and the Beast, Gutenberg!, Murder on the Orient Express). Jason Sudeikis is represented by Brillstein Entertainment Partners and TAG. Josh Gad is represented by Sugar 23, CAA and JSSK. More casting news will be coming soon.

The film follows the success of the first two Angry Birds movies, which together have grossed more than $500m at the worldwide box office and have demonstrated fantastic results on streaming platforms, signalling strong demand for the third theatrical installment.

The Angry Birds Movie 3 will be directed by John Rice (Angry Birds, Beavis and Butt-Head Do The Universe). The screenplay will be written by Thurop Van Orman (Angry Birds 2, Adventure Time, Flapjack), who will also executive produce alongside Toru Nakahara (Sonic the Hedgehog, Sonic Prime, Golden Axe). The film will be produced by John Cohen (Despicable Me, The Garfield Movie, Angry Birds), Dan Chuba (The Mitchells vs. the Machines), and Carla Connor (The Willoughbys).

Returning to the Angry Birds design team is Jeanie Chang as production designer and Francesca Natale as character designer. The head of story is Vadim Bazhanov and the lead editor is Sarah K. Reimers. Storyboards, art development, and animation will be handled by DNEG Animation.

Rovio and SEGA will produce alongside Namit Malhotra and his production company Prime Focus Studios, which recently co-produced The Garfield Movie with Alcon Entertainment. Prime Focus Studios is also currently in production on Animal Friends with Legendary Entertainment and Ryan Reynolds’ Maximum Effort, and Indian epic Ramayana with actor-producer Yash’s Monster Mind Creations.

“The Angry Birds brand knows no bounds, and an all-new Angry Birds adventure underscores how the worlds and narratives crafted in our games can seamlessly transcend into the realm of film and beyond,” said Alexandre Pelletier-Normand, CEO at Rovio Entertainment. “Rovio is fully committed to creating entertainment that sparks imagination across various platforms. We’ve seen continuous success in everything from games and feature films to licensed products and amusement parks, and we are thrilled to return once again to the vibrant Angry Birds world with our new partners.”

“The Angry Birds games are a global phenomenon and the film franchise has enjoyed worldwide success,” added Crosby Clyse, Managing Director of DNEG Animation. “Our amazing DNEG Animation team is thrilled to be teaming up once again with Prime Focus Studios and with our new friends at Rovio to create an all-new high-velocity adventure set in this colourful, crazy world.”

“Innovation is part of dentsu’s DNA and we are always looking for new and exciting projects to deliver differentiated, integrated growth opportunities for our clients. We believe in the positive impact of entertainment, creating meaningful connections between people and brands,” commented Jean Lin, Global President – Global Practices, dentsu. “We are so proud to partner with Prime Focus Studios and DNEG Animation to help bring the next installment of the beloved global Angry Birds franchise to life.”

“The Angry Birds brand truly reflects the size and scale of content Flywheel Media are focusing on,” said Don McGregor, Founder and CEO, Flywheel Media. “We are thrilled to be joining forces with such incredible partners to deliver this film to audiences around the world.”

The Angry Birds Movie opened at #1 in 50 countries on its release in 2016 and has grossed more than $350m at the worldwide box office. Rovio’s mobile games surpassed 5 billion downloads in 2022.

“We are thrilled to announce that the brand-new film of the globally beloved and successful Angry Birds franchise is to be in production,” said Shuji Utsumi, President and COO at SEGA. “SEGA has been focusing on its Transmedia strategy to advance the value of its intellectual properties (IP) across games and diverse media landscapes. We believe that the upcoming The Angry Birds Movie 3 perfectly aligns with our strategy and presents a great opportunity for us to bring the charm of the Angry Birds brand to fans across the globe.”

“I’m delighted to be partnering with Rovio, SEGA, One Cool, Flywheel, dentsu, and the incredible team of returning filmmakers and voice talent on this movie. It’s an honour to be part of the next chapter in the amazing Angry Birds story,” concluded Producer Namit Malhotra. “Prime Focus Studios is in production on an impressive roster of high-profile features and I am excited that The Angry Birds Movie 3 will be the next big animated project on our slate after The Garfield Movie.”

Angry Birds and all related properties, titles, logos, and characters are trademarks of Rovio Entertainment Corporation and are used with permission. All Rights Reserved.

About Prime Focus Studios
Led by filmmaker and Global CEO of DNEG, Namit Malhotra, Prime Focus Studios is an independent production company dedicated to the creation of innovative and exciting global content.

Prime Focus Studios, which recently co-produced The Garfield Movie with Alcon Entertainment for Sony Pictures, is currently in production on three major motion pictures: Indian epic Ramayana with Rocking Star Yash’s Monster Mind Creations; Animal Friends with Legendary Entertainment and Ryan Reynolds’ production company Maximum Effort; and The Angry Birds Movie 3, with Rovio Entertainment Corporation and SEGA.

About Rovio
Rovio Entertainment Corporation is a global mobile-first games company that creates, develops and publishes mobile games, which have been downloaded over 5 billion times. Rovio is best known for the global Angry Birds brand, which started as a popular mobile game in 2009, and has since evolved from games to various entertainment, animations, and consumer products in brand licensing. Rovio has produced The Angry Birds Movie (2016), and its sequel, The Angry Birds Movie 2 was released in 2019. The company offers multiple mobile games and has seven game studios – one in Espoo (Finland), Stockholm (Sweden), Copenhagen (Denmark), Barcelona (Spain), Montreal and Toronto (Canada), as well as a subsidiary in Izmir (Turkey) called Ruby Games. Most of the employees are based in Finland, where Rovio is headquartered. Rovio is owned by SEGA.

About DNEG Animation
DNEG Animation is a world-class animation studio that creates captivating stories and compelling characters through beautiful animation. Built on the passion and talents of our team, we help bring unique worlds to life. From complex graphic novel adaptations to beautifully stylized films, we are dedicated to furthering the craft of animation. Recent and upcoming projects on behalf of our filmmaking partners include The Garfield MovieThe Angry Birds Movie 3The Cat In The HatThat ChristmasNimonaUnder the BoardwalkEntergalactic, and Ron’s Gone Wrong.

DNEG Animation is part of DNEG (www.dneg.com), a world-leading visual entertainment services company for the creation of feature film, television, multiplatform content, and immersive experiences, with worldwide offices and studios across North America, Europe, Asia, and Australia.

About One Cool Group
Pioneered and led by Hong Kong actor and producer Louis Koo in 2013, One Cool Group has evolved from a local film production company to a major player in Asia and beyond. One Cool’s motto, “Thrive through Creativity. Strive for Diversity”, unites a fast-growing team of more than 300 film professionals based at its Hong Kong headquarters and affiliated offices in China, Thailand, Malaysia, Singapore, and South Korea. A diversified portfolio encompasses all aspects of filmmaking from financing, artist management, casting, editing, sound effects, visual production, to distribution, promotions, and more. One Cool collaborates in global feature films, partnering with Sony Pictures Animation on Vivo and the Oscar-nominated The Mitchells vs. the Machines, with Alcon Entertainment on The Garfield Movie, and with independent film producers. One Cool is forging ahead with pioneering AI techniques in various aspects of filmmaking.

Find out more:
www.onecool.com

About dentsu
Dentsu is an integrated growth and transformation partner to the world’s leading organizations. Founded in 1901 in Tokyo, Japan, and now present in over 145 countries and regions, it has a proven track record of nurturing and developing innovations, combining the talents of its global network of leadership brands to develop impactful and integrated growth solutions for clients. Dentsu delivers end-to-end experience transformation (EX) by integrating its services across Media, CXM and Creative, while its business transformation (BX) mindset pushes the boundaries of transformation and sustainable growth for brands, people and society.

Dentsu, Innovating to Impact.

Find out more:
www.dentsu.com
www.group.dentsu.com

About Flywheel
Flywheel Media is a new film company collaborating with the world’s largest brands, harnessing their storytelling power to engage new and existing fans.

We create movies for the big screen designed to entertain and inspire audiences globally.

Find out more:
www.flywheelmedia.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b0e8e84d-15de-4b97-90bc-e012be6016dd

A video accompanying this announcement is available at https://youtu.be/8RGho3YHbGg

GlobeNewswire Distribution ID 1000964990

21-karat gold price hits JD48 per gram in local market


Amman: The current selling price of 21-karat gold, the favored choice among citizens in the local market, reached JD48 per gram on Thursday in goldsmiths’ shops, compared to a buying price of JD46.

As per the daily bulletin released by the General Association for Owners of Jewelry Shops, the selling price of one gram of 24-karat gold stood at JD55.50, while 18-karat gold was priced at JD43.

Trading in the global market commenced today morning with the yellow metal priced at $2,333 per ounce.

Source: Jordan News Agency

GFJTU President Emphasizes Crucial Role of Unions in Social Security


Amman: President of the General Federation of Jordanian Trade Unions (GFJTU), Khaled Al-Fanatseh, underscored the vital role of trade unions in upholding community security.

He emphasized that trade unions, as community organizations representing diverse societal segments, advocate for the interests of constructive forces in achieving sustainable development.

Speaking at the International Labor Conference (ILC) during the plenary session discussing the report “Towards a Renewed Social Contract” Gilbert Houngbo, Director-General of the International Labor Organization (ILO), Al-Fanatseh highlighted the pivotal contribution of trade unions in enhancing social security and stabilizing labor relations. He emphasized their role in fostering social stability and ensuring equitable treatment of workers.

Al-Fanatseh outlined the core objectives of trade unions, including the improvement of working conditions, the promotion of decent work standards, and combating discrimination.

Additionally, he stressed the impor
tance of achieving a balance between employers and workers, resolving disputes through amicable means and collective bargaining, in accordance with legislation governing union activities.

Addressing challenges faced by trade unions in some Arab countries, Al-Fanatseh underscored the need to strengthen freedom of union work and empower unions to fulfill their societal roles effectively. He advocated for enhanced partnerships with various stakeholders to promote workers’ rights and contribute to societal peace.

At the conference, Al-Fanatseh offered insights into the social contract through the lens of trade unions, elucidating its connection to technology, communication, values, and responsibilities. He emphasized that this perspective mirrors the contemporary challenges and opportunities confronting societies.

Moreover, he underscored the imperative of fostering cooperation, understanding, and justice within society as mandated by the social contract. He highlighted the pivotal role of education and awaren
ess in realizing these objectives while cautioning against the potential hazards posed by technology to both societal and individual interests.

The participation of the General Federation of Jordanian Trade Unions in the ongoing conference until the 14th of this month in Geneva is significant. The GFJTU is part of an official delegation representing Jordan, comprising members from the Ministry of Labor, leaders of trade unions, representatives from employers, and the Senate.

Source: Jordan News Agency

Jordanian Delegation Explores Economic Ties with Oman at Berlin Forum


Amman: A delegation from the Jordan Chamber of Commerce (JCC) attending the Arab-German Business Forum in Berlin engaged in discussions with Omani Minister of Economy, Said Al Saqri, on advancing trade and investment relations between Jordan and Oman.

In a statement issued on Thursday, the JCC highlighted that Saqri emphasized the longstanding historical ties between the two nations. He underscored the significance of Sultan Haitham bin Tariq’s recent visit to Jordan and his meeting with His Majesty King Abdullah II as pivotal in strengthening bilateral relations.

Saqri advocated for building on the outcomes of the Sultan’s visit to enhance economic and trade ties, encouraging the private sector to engage in increased networking and reciprocal visits to capitalize on mutual economic opportunities.

The discussions pointed to numerous sectors ripe for increased trade and joint investments, including logistics, tourism, pharmaceuticals, and food security. Saqri highlighted the potential for knowledge and expe
rtise exchange between the two countries in these key areas.

The Omani delegation, comprising representatives from both the public and private sectors, presented an overview of Oman’s investment climate, its economic vision for 2040, and specific areas for trade and investment collaboration.

Khalil Haj Tawfiq, Chairman of the JCC, highlighted the importance of the cooperation agreement signed with the Oman Chamber of Commerce and Industry during a recent Omani delegation visit to Jordan. He stressed the need to leverage this agreement to explore new opportunities, enhance cooperation, and take advantage of free trade agreements and the strategic geographical locations of both countries.

Haj Tawfiq announced that the JCC plans to organize a visit for a Jordanian economic delegation to Oman this summer. The delegation will include representatives from sectors of interest to Oman, aiming to build partnerships and move towards comprehensive economic integration between the two nations.

Source: Jordan News Ag
ency

ASE Closes with 0.53% Increase


Amman: The Amman Stock Exchange (ASE) closed on a positive note on Thursday, with the index rising by 0.53 percent to reach 2,432 points.

Trading volume amounted to 3.1 million shares, with a total value of JD4.6 million, spread across 2,981 transactions.

Among the publicly traded companies, 32 saw an increase in share prices, 20 experienced a decline, and 32 remained unchanged.

Source: Jordan News Agency

Trial e-educational supervision system launched


Amman: Ministry of Education on Thursday launched the trial version of the e-educational supervision system, at Queen Rania Al-Abdullah Center for Education and Information Technology.

Minister of Education, Dr. Azmi Mahafzeh, representatives of supporting and partner agencies, and the ministry’s senior officials attended the launching ceremony.

Speaking at the event, Director of the ministry’s Department of Educational Supervision and Training, Mohammad Momani, said this project came in response to the Royal directives and Economic Modernization Vision and is an integral part of the ministry’s digital transformation strategy.

The ministry, he noted, employed technology within the scope of administrative and service operations, which aims to achieve digitization of government services.

Momani added that the project came to serve learning and teaching processes and reach data-based decisions at the ministry’s level.

The system comes in cooperation with the Jordan Technical Assistance Program (TAP) funded
by U.S. Agency for International Development (USAID).

Through the e-system, the ministry seeks to improve the supervisory service, which would reflect “positively” on the development of professional practices within the classroom, according to its statement.

Th portal will also increase “effectiveness and quality” of educational supervisory visits to improve school performance, in accordance with international best practices, and enhance professional growth of the teacher based on his/her needs, the ministry said.

The statement announced the e-service is available to a “wide” range of users in the ministry , primarily teachers, school principals, education directors and supervisors.

Source: Jordan News Agency

Kuwait’s Coast Guard chief: proud of distinguished relations with Bahrain

Director General Kuwait’s Coast Guard Commodore Sheikh Mubarak Ali Al-Sabah hailed Thursday the distinguished level of Kuwaiti-Bahraini relations.

In a statement to KUNA after his meeting with Bahraini Minister of Interior Sheikh Rashid bin Abdullah in Manama, Sheikh Mubarak underlined the importance of cooperation between the Kuwaiti and Bahraini Coast Guards for developing their capabilities.

He also noted that the meeting discussed the joint efforts to strengthen security cooperation and coordination as well as exchanging experiences to maintain security and safety of the two Arabian Gulf states’ maritime borders.

Source: Kuwait News Agency

GCC Leaders Prioritize Youth Development, Empowerment

Riyadh, In celebration of the third annual Gulf Youth Day, held June 6th under the slogan “Active and Responsible Gulf Youth,” Gulf Cooperation Council (GCC) Secretary-General Jasem Mohamed Albudaiwi emphasized the leaders’ commitment to empowering the youth of the GCC states.

The GCC chief highlighted their focus on nurturing talent, developing skills, and providing opportunities for young people to become the leaders of the future, the GCC said in a statement.

Albudaiwi acknowledged young people’s awareness of their responsibility towards their homelands and their eagerness to contribute to the development process. He expressed confidence in their ability to face challenges and drive progress, due to their competence and the resources provided by the GCC states.

The secretary-general also expressed his gratitude to the ministers of youth and sports for their dedication to implementing the leaders’ directives and supporting youth initiatives. He praised the collaborative efforts of officials across the GC
C to empower young people, fostering a sustainable and prosperous future for the region.

Source: Saudi Press Agency

UAE condemns targeting of US Embassy in Beirut

ABU DHABI: The UAE strongly condemned the attack that targeted the US Embassy in Beirut, stressing the importance of protecting diplomatic missions in accordance with norms and charters that govern diplomatic work.

In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that the UAE expresses its strong condemnation of these criminal acts and its permanent rejection of all forms of violence and terrorism aimed at undermining security and stability, in contravention of international law.

Source: Emirates News Agency

Department of Meteorology Warns of Poor Visibility Tonight

Doha: Weather inshore tonight until 6:00 am on Friday will be hazy to misty at places later, the Department of Meteorology said in its daily weather report.

Offshore, it will be fine becomes misty to foggy at places later, the report added, warning of expected poor visibility at places later.

Wind inshore will be northwesterly at first becomes southeasterly to southwesterly 03 to 13 KT.

Offshore, it will be southeasterly to northeasterly 03 to 13 KT becomes Variable less than 03KT later.

Visibility will be 5 to 1 0 KM / 3 KM or less at places later.

Sea state inshore will be 1 to 2 feet. Offshore will be 1 to 3 feet.

Area High Tide Low Tide Mini Messaid 03:36 17:43 10:31 11:10 31 Wakrah: 04:31 19:42 02:42 11:25 27 Doha: 03:20 19:04 01:11 11:07 29 Al Khor: 17:14 05:42 00:02 29 Ruwais 05:42 17:45 00:02 11:53 29 Dukhan: 10:37 22:42 04:17 16:37 28 Sunrise: 04:42 LT Sunset: 18:22 LT

Source: Qatar News Agency

China Launches Series-1 Rocket, Carrying 3 Satellites into Space

China launched on Thursday a Series-1 carrier rocket from the Jiuquan Center in northwestern China, to send three satellites into space.

Chinese news agency (Xinhua) said that the commercial rocket was launched Thursday, carrying the TEE-01B satellite and two other satellites to the preset space orbit.

This launch constitutes the 14th flight mission of the ‘Series-1’ carrier rocket series.

Source: Qatar News Agency