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2025-01-21
AUSTIN, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (" Mondee ” or the " Company ”), a leading travel marketplace and artificial intelligence (AI) technology company, announced today that the Company received a notification letter from the Listing Qualifications Department of the NASDAQ Stock Market LLC (" Nasdaq ”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of reports with the U.S. Securities and Exchange Commission. The November 20, 2024 letter was sent as a result of the Company's delay in filing its Quarterly Report on Form 10-Q for the three month period ended September 30, 2024 (the " Form 10-Q ”). The Nasdaq notice has no immediate effect on the listing or trading of the Company's Class A common stock (the " Common Stock ”) on the Nasdaq Global Market. Under the Nasdaq rules, the Company has 60 days from the date of the notice to submit a plan to Nasdaq to regain compliance with Nasdaq's listing rules. If a plan is submitted and accepted, the Company could be granted up to 180 days from the Form 10-Q's due date to regain compliance. If Nasdaq does not accept the Company's plan, then the Company will have the opportunity to appeal that decision to a Nasdaq hearings panel. This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. Notwithstanding the foregoing, on November 25, 2024, the Company's Board of Directors (the " Board ”) determined that the Company does not plan to submit a plan of compliance to Nasdaq to regain compliance with Nasdaq's listing rules and does not plan to appeal Nasdaq's subsequent delisting of its Common Stock from Nasdaq. Prasad Gundumogula takes leave of absence as CEO; Mondee Appoints Jesus Portillo as CEO On November 21, Prasad Gundumogula informed the board of directors of the Company that he would be taking a leave of absence as Chief Executive Officer (" CEO ”) of the Company, effective as of November 25, 2024. Mr. Gundumogula will continue to serve as a director and chairman of the Company's Board. On November 21, 2024, the Board appointed Jesus Portillo as the Company's CEO and a member of the Board, effective as of November 25, 2024. Mr. Portillo will retain his current duties and responsibilities as Chief Financial Officer of the Company. About Mondee Holdings, Inc. and Subsidiaries Established in 2011, Mondee is a leading travel marketplace and artificial intelligence (AI) technology company with its headquarters based in Austin, Texas. The Company operates 21 offices globally across the United States and Canada, Brazil, Mexico, India, and Greece. Mondee is driving change in the leisure and corporate travel sectors through its broad array of innovative solutions. Available both as an app and through the web, the Company's platform processes over 50 million daily searches and generates a substantial transactional volume annually. Mondee Marketplace includes access to Abhi, one of the most powerful and fully integrated AI travel planning assistants in the market. Mondee's network and marketplace include approximately 65,000 travel experts, 500+ airlines, and over one million hotels and vacation rentals, 30,000 rental car pickup locations, and 50+ cruise lines. The Company also offers packaged solutions and ancillary offerings that serve its global distribution. On July 19, 2022, Mondee became publicly traded on the Nasdaq Global Market under the ticker symbol MOND. For further information, visit: www.mondee.com . Forward-Looking Statements: This press release contains "forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements can be identified by words such as: "believe,” "could,” "may,” "expect,” "intend,” "potential,” "plan,” "will” and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding the Company's future growth, performance, business prospects and opportunities, strategies, expectations, future plans and intentions or other future events. Such forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Management believes that these forward-looking statements are reasonable as and when made. However, the Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the ability to implement business plans and forecasts, the outcome of any legal proceedings that may be instituted against the Company or others and any definitive agreements with respect thereto, the ability of the Company to grow and manage growth profitably, retain management and key employees, and maintain relationships with our distribution network and suppliers, the ability of the Company to maintain compliance with Nasdaq's listing standards, the expected changes to the Company's capital structure, and other risks and uncertainties set forth in the sections entitled "Risk Factors” and "Cautionary Note Regarding Forward-Looking Statements” in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 and Quarterly Report on Form 10-Q for the three months ended June 30, 2024 filed with the U.S. Securities and Exchange Commission (the "SEC”), and in the Company's subsequent filings with the SEC. There may be additional risks that the Company does not presently know of or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. In light of the significant uncertainties in these forward-looking statements, you should not rely upon forward-looking statements as predictions of future events. Except as required by law, Mondee undertakes no obligation to update publicly any forward-looking statements for any reason. For Further Information, Contact: Public Relations [email protected] Investor Relations [email protected]A tuition freeze without more state aid could leave Texas universities strappedjili super ace gift code today

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Giants release quarterback Daniel Jones just days after benching him EAST RUTHERFORD, N.J. (AP) — The Daniel Jones era in New York is over. The Giants quarterback was granted his release by the team just days after the franchise said it was benching him in favor of third-stringer Tommy DeVito. New York president John Mara said Jones approached the team about releasing him and the club obliged. Mara added he was “disappointed” at the quick dissolution of a once-promising relationship between Jones and the team. Giants coach Brian Daboll benched Jones in favor of DeVito following a loss to the Panthers in Germany that dropped New York's record to 2-8. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. Week 16 game between Denver Broncos and Los Angeles Chargers flexed to Thursday night spot The Los Angeles Chargers have played their way into another prime time appearance. Justin Herbert and company have had their Dec. 22 game against the Denver Broncos flexed to Thursday night, Dec. 19. Friday’s announcement makes this the first time a game has been flexed to the Thursday night spot. The league amended its policy last season where Thursday night games in Weeks 13 through 17 could be flexed with at least 28 days notice prior to the game. The matchup of AFC West division rivals bumps the game between the Cleveland Browns and Cincinnati Bengals to Sunday afternoon. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Brock Purdy will miss Sunday's game for the 49ers with a shoulder injury SANTA CLARA, Calif. (AP) — San Francisco 49ers quarterback Brock Purdy will miss Sunday’s game against the Green Bay Packers with a sore throwing shoulder. Purdy injured his right shoulder in last Sunday’s loss to the Seattle Seahawks. Purdy underwent an MRI that showed no structural damage but the shoulder didn’t improve during the week and Purdy was ruled out for the game. Coach Kyle Shanahan said star defensive end Nick Bosa also will miss the game with injuries to his left hip and oblique. Left tackle Trent Williams is questionable with an ankle injury and will be a game-time decision. Red Bull brings wrong rear wing to Las Vegas in mistake that could stall Verstappen's title chances LAS VEGAS (AP) — Max Verstappen is suddenly in jeopardy of being denied a fourth consecutive Formula 1 title Saturday night. Red Bull apparently brought the wrong rear wing to Las Vegas and GPS data showed its two cars to be significantly slower on the straights than both McLaren and Mercedes, which led both practice sessions. Red Bull says it doesn’t have a replacement rear wing in Las Vegas to fix the issue and little chance of getting two flown in from England ahead of the race. Lawyer says ex-Temple basketball standout Hysier Miller met with NCAA for hours amid gambling probe PHILADELPHIA (AP) — A lawyer for former Temple basketball standout Hysier Miller says the 22-year-old sat for a long interview with the NCAA amid an investigation into unusual gambling activity. But neither the lawyer nor federal law enforcement officials on Friday would confirm reports that a federal probe is now under way. Lawyer Jason Bologna says Miller cooperated because he hopes to play again. Miller was released last month after transferring to Virginia Tech. Temple President John Fry says the Philadelphia school has not been asked for any information from federal law enforcement officials. Caitlin Clark to join Cincinnati bid for 16th National Women's Soccer League team WNBA star Caitlin Clark has joined Cincinnati’s bid for an expansion National Women’s Soccer League team. Major League Soccer franchise FC Cincinnati is heading the group vying to bring a women’s pro team to the city. The club issued a statement confirming Clark had joined the bid group. NWSL Commissioner Jessica Berman has said the league plans to announce the league’s 16th team by the end of the year. The league's 15th team will begin play in 2026 in Boston. Alyssa Nakken, first full-time female coach in MLB history, leaving Giants to join Guardians CLEVELAND (AP) — Alyssa Nakken, the first woman to coach in an MLB game, is leaving the San Francisco Giants to join the Cleveland Guardians. Nakken made history in 2022 when she took over as first-base coach following an ejection. A former college softball star at Sacramento State, Nakken joined the Giants in 2014 and was promoted to a spot on manager Gabe Kapler’s staff in 2020, becoming the majors’ first full-time female coach. Nakken has been hired as an assistant director within player development for the Guardians, who won the AL Central last season under first-year manager Stephen Vogt. Nakken, 34, will work with former Giants coaches Craig Albernaz and Kai Correa. Aaron Judge won't be bothered if Juan Soto gets bigger contract from Yankees than his $360M deal NEW YORK (AP) — Aaron Judge won’t be bothered if Juan Soto gets a bigger deal from the New York Yankees than the captain’s $360 million, nine-year contract. Speaking a day after he was a unanimous winner of his second MVP, Judge says “It ain’t my money” and adds "that’s never been something on my mind about who gets paid the most.” Judge led the major leagues with 58 homers, 144 RBIs and 133 walks while hitting .322. Soto batted .288 with 41 homers, 109 RBIs and 129 walks in his first season with the Yankees, then became a free agent at age 26.Anti-Defamation League CEO Jonathan Greenblatt called on President-elect to work to further combat following the release of a study finding labor discrimination against Israeli and Jewish Americans. In an on Tuesday, Greenblatt outlined the study that found Jewish American job candidates have almost a 25% more difficult chance of receiving positive first responses from prospective employers than Americans with Western European backgrounds. Israeli Americans were at an even bigger disadvantage, needing to send 39% more applications to receive the same number of positive responses as their Western European counterparts. The field experiment, sponsored by the ADL, studied 3,000 inquiries into administrative assistant job openings across the country differing based on the name used, either sounding Jewish, Israeli, or Western European as well as changing the resume to reflect a Jewish, Israeli, or Western European background. "This data is significant because we're on the cusp of a new political administration in Washington, and we're seeing the results of unaddressed antisemitism," Greenblatt said. "We hope that the Trump administration, specifically the Trump labor department, will take action to stop this once and for all." Trump's pick for labor secretary, U.S. Rep. , R-Ore., has a record of supporting bipartisan bills to address antisemitism, including introducing a bill to protect Jewish students on college campuses in the wake of protests to the Israel-Hamas war. Harassment, violence and derogatory rhetoric targeting Jewish people have risen in the wake of the Oct. 7, 2023, Hamas attacks on Israel and the . A staunch supporter of Israel during his first term as president, in 2019, he signed an that encouraged the application of Title VI of the 1964 Civil Rights Act to antisemitic activity. In 2020, Trump's administration brokered the Abraham Accords, normalizing relations in the Middle East between Israel, the United Arab Emirates and Bahrain. This year, he campaigned on his continued allyship with Israel despite criticism of the . But Trump's record of supporting the long-time allied nation does not come without conflicting commentary and associations related to Jewish people. Just one month before, Trump said during an that Jewish Americans who vote Democratic in the coming election should "have their head examined." Just weeks before the presidential election, Trump's former chief of staff, John Kelly, Trump said that "Hitler did some good things" and showed admiration for the German dictator who was responsible for the systematic killing of 6 million Jewish people and millions of others. Greenblatt said he was "optimistic" that Trump would "step up in his new second term and take additional steps and demonstrate that antisemitism is un-American." Trump-Vance transition spokesman Kush Desai wrote in a statement that the president-elect is committed to fighting discrimination. "President Trump has repeatedly and unequivocally condemned antisemitism in all forms, both on the campaign trail and during his first administration," Desai said. "He will continue to take a stand against antisemitism and other forms of bigotry to be the president of ALL Americans and unify the country through success." To combat the discrimination found in the ADL study, vice president of the ADL's Center of Antisemitism Research Matt Williams told USA TODAY that violations of workplace practice laws need to be enforced. "It's going to be about incentivizing following existing rules," he said. "There are a lot of things on the books already that are not being enforced when it comes to issues like ." But discrimination against the Jewish community goes beyond religion, Williams said, with many people facing prejudice over their ethnic and cultural practices as well. Encouraging the Labor Department under Trump to incentivize industries and corporations to teach about the Jewish experience as a whole in the workplace, he said, could be a valuable tool in combating prejudice. As for what a new administration can do to combat antisemitism, not all are optimistic. "It feels like in the (Biden administration), no matter how much they’ve done to encourage (diversity, equity and inclusion work), Jews are still not being included in that by workplaces,” said Steven Phillips, co-founder of Jewish ERGs, a group partnered with Clal - The National Jewish Center for Learning and Leadership that's supportive of corporations having employee resource groups for Jewish people. Trump has been clear about the future of in his second administration: it's unwanted. Initiatives focused on fostering diversity and inclusivity in the workplace have received major backlash from conservatives in recent years as being divisive and discriminatory because they support workers who are LGBTQ+ and people of color. Spokesman and incoming head of communications told USA TODAY last month that “President Trump has been very clear about ending the woke DEI garbage infecting this country." Former Amazon employee Phillips started the company's first Jewish employee resource group to build community within the workplace and said the ADL study just confirmed what he already thought: Antisemitism is pervasive across the labor market, even before you get the job. Phillips said he's unsure if halting DEI efforts would have a negative impact on Jewish workers "when we’re so inconsistently included already."

( MENAFN - EIN Presswire) Plaintiff Files federal Suit Against Former Minneapolis Police Officer and City of Minneapolis for Sexual Assault and Civil Rights Violations MINNEAPOLIS, MN, UNITED STATES, December 27, 2024 /EINPresswire / -- A federal lawsuit has been filed against former Minneapolis police officer David Edward Campbell, alleging that he sexually assaulted a minor female on numerous occasions while on duty and in uniform. According to the complaint filed by attorneys Timothy Lessman and Paul Peterson, Officer Campbell violated Minneapolis Police Department policies and procedures by conducting unauthorized ride-alongs with the minor in his squad car. The repeated unauthorized ride-alongs, allegedly witnessed by other Minneapolis police officers and supervisors, were neither reported nor investigated. David Edward Campbell was subsequently convicted of 3rd Degree Criminal Sexual Conduct, 4th Degree Criminal Sexual Conduct, Terroristic Threats, and Stalking. He served a prison sentence for his crimes against the minor. Attorney Timothy Lessman, representing the plaintiff, stated:“There is an inherent cruelty to these actions because they were committed by a person of authority, and because they were committed against a vulnerable young person. Mr. Campbell and the City of Minneapolis failed to protect this young lady's civil rights in favor of protecting themselves. On behalf of our client, we are seeking to address the damage caused by these horrific abuses and ensure such violations never happen again.” The civil suit seeks to hold both David Edward Campbell and the City of Minneapolis accountable for the trauma inflicted on the plaintiff and for the failure to enforce department policies designed to prevent such abuses. This case underscores the importance of transparency and accountability in law enforcement to protect the civil rights and safety of all citizens. The case is captioned L.M.G. v. David Edward Campbell, acting in his individual capacity as a Minneapolis Police Officer, and the City of Minneapolis, Court File No.: 0:24-cv-04622. For media inquiries, please contact: [Timothy Lessman, Knutson+Casey Law Firm, Mankato, MN 507 344-8888] Timothy Lessman Knutson + Casey Law Firm +1 507-344-8888 email us here Visit us on social media: Facebook Instagram Other Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above. MENAFN27122024003118003196ID1109035865 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.If you purchase an independently reviewed product or service through a link on our website, The Hollywood Reporter may receive an affiliate commission. Bag charms are back in a big way, and they’re converting even the most simplistic dressers to a maximalist aesthetic. From the runway to social media to street style, this undeniably fun accessory seems to have everyone in a chokehold. On TikTok, the hashtag “birkinify” is trending, and describes the act of adorning one’s handbag — or other — with charms, keychains, twillies and beads. Dua Lipa and are just two famous faces spotted with decked out Birkin bags, and Gigi Hadid recently with an assortment of charms, including her coveted . Below, we rounded up 17 bag charms that are the epitome of playful meets chic, from a variety of independent designers and large houses like Loewe, Gucci and Prada. Plus, they make the perfect or stocking stuffer. Available in three charm varieties. The engraved brass charm opens to reveal a mirror. Coach makes some of the best in the game. Select 10 beads from dozens of choices: hearts, faces, disco balls, snacks and so on. While likely won’t arrive in time for the holidays, it may very well be worth the wait. For a limited time, a 20 percent discount will be automatically applied at checkout. A similar look without the customization. And . Timeless. Gigi Hadid, Dua Lipa, Kendall Jenner, Justin Bieber and Blackpink are just a few famous fans of . Check out more of Susan Alexandra’s sweet . An Anthro bestseller. No one does bag charms quite like Loewe. Four charms in one. Part of Urban Outfitters’ exclusive collection of . Use code CHEERS for 25 percent off. A match made in leather and shearling heaven. One more cherry charm for good measure. Ending with a bang. More colorways available at . THR Newsletters Sign up for THR news straight to your inbox every day More from The Hollywood Reporter

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