
CHERRY HILL, N.J., Nov. 25, 2024 (GLOBE NEWSWIRE) -- The Real Good Food Company, Inc. (Nasdaq: RGF) ("Real Good Foods” or the "Company”), a leading health and wellness frozen and refrigerated foods company, announced today that, on November 20, 2024, the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq”) notified the Company that the Company's failure to timely file its Form 10-Q with the Securities and Exchange Commission (the "SEC”), for the period ended September 30, 2024, serves as an additional basis for the delisting of the Company's securities from Nasdaq, per Nasdaq Listing Rule 5250(c)(1). The Company previously presented its plan to file all delinquent periodic reports with the SEC, including the Form 10-Q for the period ended September 30, 2024, and requested an extension to do so at a hearing before the Nasdaq Hearings Panel (the "Panel”). The Panel has not yet issued its decision following the hearing. Despite the efforts described above, there can be no assurance that the Company will ultimately regain compliance with all applicable requirements for continued listing or that the Panel will grant the Company a further extension. About Real Good Food Company Real Good Foods (Nasdaq: RGF) is a leading health and wellness frozen and refrigerated foods company, providing a better way to enjoy your favorite foods. The Company's mission is to provide "Real Food You Feel Good About Eating”, making delicious, nutritious foods that are low in sugar, low in carbohydrates and high in protein. The Real Good Foods family of products includes breakfast, lunch, dinner, and snacks - available in over 16,000 stores nationwide with additional direct-to-consumer options. To learn more, please visit our website at realgoodfoods.com or join us on social media @realgoodfoods - where we maintain some of the largest followings in the frozen food industry today. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statements other than statements of historical fact contained in this press release, including statements regarding the timing of the filing of Company's late periodic reports and amendments to prior periodic reports, the Company's plan to request a hearing to appeal its delisting determination by Nasdaq, and the Company's plan to request various extension periods to regain compliance with the Listing Rule. The Company has attempted to identify forward-looking statements by using words such as "anticipate,” "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will," or "would," and similar expressions or the negative of these expressions. Forward-looking statements represent management's current expectations and predictions about trends affecting the Company's business and industry and are based on information available as of the time such statements are made. Although the Company does not make forward-looking statements unless it believes it has a reasonable basis for doing so, it cannot guarantee their accuracy or completeness. Forward-looking statements involve numerous known and unknown risks, uncertainties and other factors that may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements predicted, assumed or implied by the forward-looking statements. Some of the risks and uncertainties that may cause its actual results to materially differ from those expressed or implied by these forward-looking statements, including the risk of further delays in the filing of the Company's late periodic reports and restated financial statements in amendments to prior periodic reports, the discovery of additional information regarding the error identified in the Company's previously issued consolidated financial statements, the scope of the anticipated restatement of previously issued financial statements as a result of the error, the remediation by management and the Company's independent registered public accounting firm of the identified material weaknesses in internal control over financial reporting, the Panel's determination following the Company's appeal of its delisting decision, the Panel's decision whether or not to grant the Company various extension periods following the submission of a hearing request to regain compliance with the Listing Rule, the Company's ability to regain compliance with the Listing Rule and other continued listing standards and other risk factors described in the section entitled "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2022 and other documents filed with or furnished to the SEC by the Company from time to time. These forward-looking statements speak only as of the date of this press release. Except as required by law, the Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements to reflect the impact of events or circumstances that may arise after the date of this press release. Investor Relations Contact The Real Good Food Company 3 Executive Campus, Suite 155 Cherry Hill, NJ 08002 [email protected]Let's move aheadGames to snuggle up with this holiday season
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A US federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban. The decision is a win for the Justice Department and opponents of the Chinese-owned app and a devastating blow to ByteDance. The ruling now increases the possibility of an unprecedented ban in just six weeks on a social media app used by 170 million Americans. The ruling is expected to be appealed to the Supreme Court. Free speech advocates immediately criticized the decision. The American Civil Liberties Union said it sets a "flawed and dangerous precedent." "Banning TikTok blatantly violates the First Amendment rights of millions of Americans who use this app to express themselves and communicate with people around the world," said Patrick Toomey, deputy director of the ACLU's National Security Project. But the appeals court said the law "was the culmination of extensive, bipartisan action by the Congress and by successive presidents. It was carefully crafted to deal only with control by a foreign adversary, and it was part of a broader effort to counter a well-substantiated national security threat posed by the PRC (People's Republic of China)." US appeals court Judges Sri Srinivasan, Neomi Rao and Douglas Ginsburg considered the legal challenges brought by TikTok and users against the law that gives ByteDance until Jan. 19 to sell or divest TikTok's US assets or face a ban. The decision -- unless the Supreme Court reverses it -- puts TikTok's fate in the hands of first President Joe Biden on whether to grant a 90-day extension of the Jan. 19 deadline to force a sale and then President-elect Donald Trump, who takes office on Jan. 20. But it's not clear whether ByteDance could meet the heavy burden to show it had made significant progress toward a divestiture needed to trigger the extension. Trump, who unsuccessfully tried to ban TikTok during his first term in 2020, said before the November presidential election he would not allow the TikTok ban. TikTok said it expected the Supreme Court would reverse the appeals court decision on First Amendment grounds. "The Supreme Court has an established historical record of protecting Americans' right to free speech, and we expect they will do just that on this important constitutional issue," TikTok said in a statement, adding the law will result "in outright censorship of the American people." The Justice Department did not have an immediate comment on the decision. The decision upholds the law giving the U.S. government sweeping powers to ban other foreign-owned apps that could raise concerns about collection of Americans' data. In 2020, Trump also tried to ban Tencent-owned WeChat, but was blocked by the courts. Shares of Meta Platforms, which competes against TikTok in online ads, hit an intraday record high following the ruling, last up over 3%. Google parent Alphabet, whose YouTube video platform also competes with TikTok, was up over 1% following the ruling. TIKTOK BAN LOOMS The court acknowledged its decision would lead to TikTok's ban on Jan. 19 without an extension from Biden. "Consequently, TikTok's millions of users will need to find alternative media of communication," the court said, which was because of China's "hybrid commercial threat to U.S. national security, not to the U.S. Government, which engaged with TikTok through a multi-year process in an effort to find an alternative solution." The opinion was written by Ginsburg, an appointee of President Ronald Reagan, and joined by Rao, who was named to the bench by Trump, and Srinivasan, an appointee of President Barack Obama. The Justice Department says under Chinese ownership, TikTok poses a serious national security threat because of its access to vast personal data of Americans, asserting China can covertly manipulate information that Americans consume via TikTok. U.S. officials have also warned TikTok's management is beholden to the Chinese government, which could compel the company to share the data of its American users. TikTok has denied it has or ever would share U.S. user data, accusing American lawmakers in the lawsuit of advancing "speculative" concerns. TikTok and ByteDance argue the law is unconstitutional and violates Americans' free speech rights. They call it "a radical departure from this country's tradition of championing an open Internet." ByteDance, backed by Sequoia Capital, Susquehanna International Group, KKR & Co, and General Atlantic, among others, was valued at $268 billion in December 2023 when it offered to buy back around $5 billion worth of shares from investors, Reuters reported then. The law prohibits app stores like Apple and Alphabet's Google from offering TikTok and bars internet hosting services from supporting TikTok unless ByteDance divests TikTok by the deadline. Apple and Google did not immediately respond to requests for comment. In a concurring opinion, Srinivasan acknowledged the decision will have major impacts, noting "170 million Americans use TikTok to create and view all sorts of free expression and engage with one another and the world. And yet, in part precisely because of the platform's expansive reach, Congress and multiple Presidents determined that divesting it from (China's) control is essential to protect our national security." He added that "Because the record reflects that Congress's decision was considered, consistent with longstanding regulatory practice, and devoid of an institutional aim to suppress particular messages or ideas, we are not in a position to set it aside." (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) Track Latest News Live on NDTV.com and get news updates from India and around the world$138K slots jackpot hits at downtown Las Vegas casino
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Holiday Stress? Get Blitzed With a Drinkable Fireball Whisky Stocking.President-elect Donald Trump announced on his social media platform, Truth Social, the appointment of David Sacks, a venture capitalist and prominent Silicon Valley figure, as the White House's first AI and crypto czar. Sacks will serve in this newly created position, which reflects Donald Trump's ambition to bolster America's leadership in AI and cryptocurrency advancements. In a post on Truth, Trump said, "David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness. David will focus on making America the clear global leader in both areas." Trump also added that Sacks would also lead the Presidential Council of Advisors for Science and Technology. Sacks is the former COO of PayPal and is also famed as a part of the " ." He played a key role in Trump's fundraising campaigns, including co-hosting an event at his San Francisco home, with tickets costing $300,000 a head. A close ally of Vice President-elect JD Vance, Sacks also founded "Yammer," a workspace communication platform, which was acquired by Microsoft for $1.2 billion in 2012. His venture capital firm, Craft Ventures, has investments in major companies like Elon Musk's SpaceX, Reddit, and ClickUp. In one of his "All-In" podcasts, Sacks mentioned that his contractual obligations with Craft Ventures may prevent him from taking a full-time government position. Still, he could take up an advisory role in Trump's administration. Trump expressed confidence in Sacks's ability to "safeguard Free Speech online, and also counter "Big Tech bias and censorship." While the precise scope of this new "czar" role remains unclear, the move clearly shows Trump's admin will put a high priority on AI and cryptocurrency to bolster the US economy. Source:TikTok's future uncertain after appeals court rejects its bid to overturn possible US ban A federal appeals court panel on Friday unanimously upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the popular social media platform as it fights for its survival in the U.S. The U.S. Court of Appeals for the District of Columbia Circuit ruled that the law - which requires TikTok to break ties with its China-based parent company ByteDance or be banned by mid-January - is constitutional, rebuffing TikTok’s challenge that the statute ran afoul of the First Amendment and unfairly targeted the platform. TikTok and ByteDance — another plaintiff in the lawsuit — are expected to appeal to the Supreme Court. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Get the latest need-to-know information delivered to your inbox as it happens. Our flagship newsletter. Get our front page stories each morning as well as the latest updates each afternoon during the week + more in-depth weekend editions on Saturdays & Sundays.
A judge on Monday rejected a request to block a San Jose State women's volleyball team member from playing in a conference tournament on grounds that she is transgender. The ruling by U.S. Magistrate Judge S. Kato Crews in Denver will allow the player, who has played all season, to compete in the Mountain West Conference women's championship opening this week in Las Vegas. The ruling comes in a lawsuit filed by nine current players against the Mountain West Conference challenging the league's policies for allowing transgender players to participate. The players argued that letting her compete was a safety risk and unfair. While some media have reported those and other details, neither San Jose State nor the forfeiting teams have confirmed the school has a trans woman volleyball player. The Associated Press is withholding the player's name because she has not commented publicly on her gender identity. School officials also have declined an interview request with the player. Crews' ruling referred to the athlete as an "alleged transgender" player and noted that no defendant disputed that the San Jose State roster includes a transgender woman player. San Jose State will "continue to support its student-athletes and reject discrimination in all forms," the university said in a statement, confirming that all its student-athletes are eligible to participate under NCAA and conference rules. "We are gratified that the Court rejected an eleventh-hour attempt to change those rules. Our team looks forward to competing in the Mountain West volleyball tournament this week." The conference did not immediately respond to an email seeking comment. The players filed a notice for emergency appeal with the 10th U.S. Circuit Court of Appeals. Crews said the players who filed the complaint could have sought relief much earlier, noting the individual universities had acknowledged that not playing their games against San Jose State this season would result in a loss in league standings. He also refused a request to re-seed the tournament without the forfeited losses. The judge said injunctions are meant to preserve the status quo. The conference policy regarding forfeiting for refusing to play against a team with a transgender player had been in effect since 2022 and the San Jose State player has been on the roster since 2022 -– making that the status quo. The player competed at the college level three previous seasons, including two for San Jose State, drawing little attention. This season's awareness of her reported identity led to an uproar among some players, pundits, parents and politicians in a major election year. Crews' ruling also said injunctions are meant to prevent harm, but in this case, he argued, the harm has already occurred. The games have been forfeited, the tournament has been seeded, the teams have made travel plans and the participants have confirmed they're playing. The tournament starts Wednesday and continues Friday and Saturday. Colorado State is seeded first and San Jose State, second. The teams split their regular-season matches and both get byes into Friday's semifinals. San Jose State will play the winner of Wednesday's match between Utah State and Boise State — teams that both forfeited matches to SJSU during the regular season. Boise State associate athletic director Chris Kutz declined to comment on whether the Broncos would play SJSU if they won their first-round tournament game. Utah State officials did not immediately respond to emails seeking comment. The conference tournament winner gets an automatic bid to the NCAA tournament. San Jose State coach Todd Kress, whose team has not competed in the national tournament since 2001, has said his team has been getting "messages of hate" and that has taken a toll on his players. Several teams refused to play against San Jose State during the season, earning losses in the official conference standings. Boise State and Wyoming each had two forfeits while Utah State and Nevada both had one. Southern Utah, a member of the Western Athletic Conference, was first to cancel against San Jose State this year. Nevada's players stated they "refuse to participate in any match that advances injustice against female athletes," without elaborating. Nevada did not qualify for the conference tournament. The nine current players and others now suing the Mountain West Conference, the California State University Board of Trustees and others include San Jose State senior setter and co-captain Brooke Slusser. The teammate Slusser says is transgender hits the volleyball with more force than others on the team, raising fear during practices of suffering concussions from a head hit, the complaint says. The Independent Council on Women's Sports is funding a separate lawsuit against the NCAA for allowing transgender women to compete in women's sports. Both lawsuits claim the landmark 1972 federal antidiscrimination law known as Title IX prohibits transgender women in women's sports. Title IX prohibits sexual discrimination in federally funded education; Slusser is a plaintiff in both lawsuits. Several circuit courts have used a U.S. Supreme Court ruling to conclude that discriminating against someone based on their transgender status or sexual orientation is sex-based discrimination, Crews wrote. That means case law does not prove the "likelihood of success" needed to grant an injunction. An NCAA policy that subjects transgender participation to the rules of sports governing bodies took effect this academic year. USA Volleyball says a trans woman must suppress testosterone for 12 months before competing. The NCAA has not flagged any issues with San Jose State. The Republican governors of Idaho, Nevada, Utah and Wyoming have made public statements in support of the team cancellations, citing fairness in women's sports. President-elect Donald Trump likewise has spoken out against allowing transgender women to compete in women's sports. Crews was a magistrate judge in Colorado's U.S. District Court for more than five years before President Joe Biden appointed him as a federal judge in January. Get local news delivered to your inbox!After what they say has been months of refused visits with their four children in foster care, Kimberly and Jordan Joseph packed their bags and decided to walk more than 1,500 kilometres from “Prince Rupert, B.C.” to “Victoria.” The couple — both Dakelh (Carrier) — say they’re raising awareness about the lack of support for birth parents resulting in too many kids in the country’s child welfare system. During their 75-day journey, they met dozens of people with lived experience of the child welfare system, visited a number of Ministry of Children and Family Development (MCFD) offices, and earned the encouragement of hundreds of supporters. The Josephs live in Yekooche, a remote community of 87, northwest of “Fort St. James.” They said they weren’t just walking for Indigenous children and Youth — but every young person in foster care. On July 27, the couple set off, sending updates to their growing Facebook community. As the walk — and blisters — progressed, they alternated between walking and travelling by car, sometimes walking together or taking turns making the journey on foot while the other drove. The Josephs said they faced delays when MCFD repeatedly called to arrange visits with their kids, only to cancel after the couple had abandoned their walk to drive north. But they didn’t give up, and kept coming back to try and finish the walking journey. By late November, the Josephs had reached Sḵwx̱wú7mesh (Squamish). “It’s terrifying for a child to not understand why they can’t talk to their mom and their dad, or talk to their siblings,” said Kimberly during the stop on Nov. 25. Earlier that morning, the Josephs arrived holding hands, listening carefully to Kimberly’s smartphone. They were attending family court virtually — waiting to hear a judge’s response to their refusal for their children’s foster parents to continue caring for their boys. For Kimberly and Jordan, it was good news: the couple’s case will go to trial, she confirmed with a smile. There are now nearly 2,000 members of a Facebook group, “Walking For All Children in Ministry Care,” where the Josephs have given regular updates on their way. Until June 2023, the boys were in custody of Kimberly’s mother in “Kamloops,” but when she was no longer able to provide the care they needed, MCFD asked Kimberly if she would take them back. Though eager to be reunited with the children — of whom Jordan is a stepfather to three and biological father to one — it was not an easy process. The couple said they struggled with MCFD and Carrier Sekani Family Services (CSFS) for almost a year. While caring for their children, Kimberly said CSFS had received money through Jordan’s Principle — a legal rule ensuring First Nations children can access services and support in a timely manner — to deliver the couple diapers and baby formula from CSFS’s “Fort St. John” office to their remote home, where they had no access to transportation. “They didn’t do it for a month,” alleged Kimberly, who said despite phoning countless times, she had to enlist help from friends and family to get by. “Finally, we showed up at their office and they gave us [an entire month’s worth] of formula. They were like, ‘this is all yours, it’s just been sitting at the office.’” While Jordan was in counseling after the death of his grandfather, a therapist reported his behaviour to MCFD as “aggressive,” the couple alleged. “It was all false,” said Kimberly, who said she wishes the ministry had handled Jordan’s grief with more compassion. Eventually, they said, MCFD insisted that Kimberly move into a shelter, separate from Jordan — who had been residing in a tiny house. During this time, she was given a chance to prove she could care for her children, but said she was chastized by social workers, who allegedly told her she was neglectful and didn’t dress properly (“but I like to dress cozy,” she said). A 2021 report released by the MCFD states that 84 per cent of Indigenous children in foster care were there due to what they call “neglect.” “But neglect from whom?” said Cindy Blackstock, speaking to this issue at the recent Our Children Our Way National conference in “Vancouver.” Blackstock said she believes that child welfare laws push the blame onto the parents, when they should be asking, “What is the actual source of this risk?” she said. While in the women’s shelter, Kimberly said she experienced a health emergency that resulted in her needing to be hospitalized. When MCFD showed up alongside paramedics, she expressed to MCFD that she needed time to recuperate — knowing she would be closely watched and her poor health would make it impossible to comprehensively care for her children on her own. She said she got an ultimatum in return. “And now they’re saying I could have had the boys but I gave them up,” she said. Now that the couple’s children are back in foster care, Kimberly alleged there have been multiple occasions where MCFD has told them there are no funds available to allow them to visit their children, who are divided between foster families in “Prince Rupert” and “Prince George.” But Jordan said after being given a vehicle from Jordan’s aunt, he and Kimberly decided to visit their children using their own money. “It was awesome, we finally had our own transportation,” he said. When they phoned the MCFD office to ask for a visit, they repeated the same reason — “a lack of funds,” Jordan recalled. “We told them they don’t need funding — we are already down here, and we’ve got the money to do stuff with the boys.” An MCFD employee replied they’d look into scheduling a visit, but one week later — after multiple inquiries from Kimberly and Jordan — they said they were told there was no supervisor available to attend a visit. “I feel like whenever we ask for anything, our file gets thrown to the side and they say no,” said Kimberly. IndigiNews requested comment from MCFD, who said that although it could not comment on individual cases, it noted that “recruitment and retention are a continuous priority for the ministry and direct child and family service staffing numbers are stable.” “In the last two years, there has been a 17 per cent increase in staffing levels and staffing has been up year-over-year since the pandemic,” the statement reads. IndigiNews also reached out to Carrier Sekani Family Services, but did not receive a response by time of publication. For Kimberly and Jordan, their frustrations soon reached a tipping point. “We decided we wanted to walk,” Jordan said. The couple spent one week preparing — alerting police they’d be walking the road, telling friends and family, and creating a Facebook group. “It was a really nice send-off,” Kimberly recalled. “People came to see us and it was fun.” After just a day of walking, she was shocked to find roughly 500 people had joined their Facebook group by the time Kimberly regained cell service — and nearly 100 messages of encouragement. The number of people in the group soon grew to close to a couple thousand. “We were like, ‘No way!’ And then people were stopping for us along the way, giving us their food and drinks.” Originally, the couple’s plan was to walk just the 700-kilometre route from “Prince Rupert” to “Prince George” — because their children had been split up between homes in the two cities. But when the Josephs finally reached “Prince George,” they felt so encouraged by the public’s support that they decided to extend their journey to the province’s capital — an additional walk of more than 800 kilometres south. They packed up their car and began leapfrogging their way down — alternating between walking and driving in a shared effort. The couple said they’ve found the walk healing. “I’ve opened up a lot about my past,” said Kimberly, who herself grew up in the “child welfare” system. “I really don’t ever talk about my past, but I think walking has helped me quite a lot.” Jordan said the walk has been healing for him too. “Being close to nature, seeing all the animals and getting to connect with everything has been awesome,” he said. The couple weren’t as fond of the countless tiny frogs, grasshoppers, beetles. “We hate insects,” the couple said in unison. Kimberly says that — besides offering counselling — MCFD also wants her to take parenting and relationship courses. But she believes the structure of such programs are colonial. “There’s Indian time, right?” she said. “I’ve never liked Western structure.” During their walk, Kimberly and Jordan met with many people through social media who shared their own experiences with the child welfare system. “It’s a lot easier to open up to people like that,” Kimberley said, “than to have someone sitting across from you that you don’t really know, that doesn’t say anything back to you other than, ‘How do you feel about that?’” When she and Jordan spoke to IndigiNews in Sḵwx̱wú7mesh, it was actually their second time reaching the community. Back in October, the couple had walked as far as “Lions Bay” — 40 kilometres north of “Vancouver” — just when MCFD called about a visit they’d managed to arrange with their children. The Josephs headed back north. When they resumed their walk in November and finally reached “Vancouver,” the couple visited two local MCFD offices to ask staff what support systems they have for Indigenous mothers needing help. Kimberly recalls staff at both offices telling her she should make complaints through “the main office.” Later, after reaching “New Westminster,” the couple received another phone call from MCFD, alerting them to another visit the agency had arranged with their children. So for a second time, the couple returned north, only to learn the ministry had cancelled the visit due to “poor weather,” said Kimberly. “I keep telling them if you arrange a visit for us and we can show up, you have no excuse. You should be ready for us to receive our kids,” said Kimberly. On Nov. 30, the couple updated that they were finally being given an opportunity to visit their boys for a few hours. “I can’t wait to see our boys,” Jordan told the Facebook live. “Love and miss them so much.” With winter quickly approaching, Kimberly doesn’t think they’ll actually reach “Victoria” this year, though she hasn’t completely laid the idea to rest. In fact, she’s already planning next year’s walk. “We want to do it until something’s done for the foster children,” she said. With a pre-trial date being set, Kimberly and Jordan now want to focus their attention on preparing for their day in court, hoping to finally be reunited with their children. “Not all parents get to hug their children, not all parents get to play with them, wake up to them, go to sleep and tuck them in,” Kimberly said. As the couple ponders the next steps on their journey, Jordan added that “time is precious” for any parent. “We have to be watched every time we see ours,” he said. “So cherish every moment with your kids.”