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FARMINGTON, Utah--(BUSINESS WIRE)--Nov 26, 2024-- PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”), today announced that on November 20, 2024 it received a written Filing Delinquency Notification (the “Notification”) from the New York Stock Exchange (“NYSE”) stating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual, Annual and Quarterly Report Timely Filing Criteria (the “Timely Filing Criteria”), due to the delayed filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024. The Company was unable to timely file its Form 10-Q due to the ongoing Audit Committee investigation of recent third-party allegations. Pursuant to the Notification, the Company has an initial six month period, from November 19, 2024, to file the Form 10-Q and regain compliance with the Timely Filing Criteria. The Company currently anticipates filing the Form 10-Q and regaining compliance with the Timely Filing Criteria within the initial six month period. About PACS Group PACS Group, Inc. is a holding company investing in post-acute healthcare facilities, professionals, and ancillary services. Founded in 2013, PACS Group is one of the largest post-acute platforms in the United States. Its independent subsidiaries operate over 284 post-acute care facilities across 16 states serving more than 27,000 patients daily. Forward-Looking Statements This press release contains, and other communications of the Company may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” “outlook,” “forecast,” “target,” “trend,” “plan,” “goal,” or other words of comparable meaning or future-tense or conditional verbs such as “may,” “will,” “should,” “would,” or “could.” Statements concerning the Company’s future are forward-looking statements, and are based on management’s current expectations, assumptions and beliefs about the Company’s business, financial performance, operating results, the industry in which the Company operates and possible future events. These statements include, but are not limited to, statements regarding the Company’s expectations regarding the timing of the ongoing investigation and the timing of and its ability to make the Company’s Form 10-Q filing. Forward-looking statements convey the Company’s expectations, intentions, or forecasts about future events, circumstances, results, or aspirations. Forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions, which may change over time and many of which are beyond the Company’s control, and that could cause the Company’s actual results to materially and adversely differ from those expressed in any forward-looking statement, including the outcome of any ongoing government or internal investigations, risks associated with litigation, and the other risks described in the Company’s Quarterly Report on Form 10-Q for the three months ended June 30, 2024 and other filings with the Securities and Exchange Commission. These documents are available in the Investor Relations section of the Company’s website at www.pacs.com (information on the website is not incorporated by reference into this press release and should not be considered part of this document). You should not place undue reliance on forward-looking statements. The information in this press release is provided as of today’s date only, and, except as required by federal securities law, we do not undertake to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changing circumstances or for any other reason after today. View source version on businesswire.com : https://www.businesswire.com/news/home/20241126341034/en/ CONTACT: Investors:IR@pacs.com Media: Brooks Stevenson VP Corporate Communication 262 N. University Avenue Farmington, UT 84025 T: 385-988-3596 brooks.stevenson@pacs.com https://www.pacs.com https://ir.pacs.com KEYWORD: UNITED STATES NORTH AMERICA UTAH INDUSTRY KEYWORD: FINANCE HOSPITALS HEALTH PROFESSIONAL SERVICES PRACTICE MANAGEMENT SOURCE: PACS Group, Inc. Copyright Business Wire 2024. PUB: 11/26/2024 04:30 PM/DISC: 11/26/2024 04:33 PM http://www.businesswire.com/news/home/20241126341034/enNathan Ake calls on Man City to show character after latest setback
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A measure to bar Montana Rep. Zooey Zephyr, the state’s first transgender legislator, from using the women’s restroom at the State Capitol failed to pass the House Rules Committee on Tuesday, with several Republicans voting against it. The measure, introduced by Republican Rep. Jerry Schillinger, would have required state legislators to use the restrooms of their birth sexes. The measure “says what probably shouldn’t need to be said and puts into rules what probably shouldn’t need to be put into rules,” Schillinger said Tuesday at a meeting of the Joint House and Senate Rules Committees ahead of Montana’s next legislative session in January. The proposal, which needed support from a majority of both committees to pass, failed, with the Senate committee voting 11-7 in favor and the House committee voting 10-12 against. Zephyr — who drew international attention and became a nationally recognized face among the LGBTQ community last year when she was censured in the Montana Legislature — thanked her colleagues who voted against the measure in a statement on social media. “I’m happy to see that this proposed ban failed and am grateful for my colleagues—particularly my republican colleagues—who recognized this as a distraction from the work we were elected to do,” Zephyr wrote on X . “I’m ready to represent my constituents and look forward to working on behalf of the people of Montana.” Rep. David Bedey was among the four Republicans who voted against the measure, arguing that the Legislature’s rules are intended to allow the body to act on behalf of Montanans in an efficient manner. “This particular action will have the effect of making people famous in the national news and will not contribute to the effective conduct of our business,” Bedey said before Tuesday’s vote . He added that restroom access wasn’t an issue for the female legislators he spoke with in the last legislative session. Rep. Brad Barker, also a Republican, agreed with Bedey, saying the issue was becoming “a distraction.” Republican Rep. Jedediah Hinkle supported the measure, saying that the Legislature has only one trans legislator but that it could have more in the future. “I think it’s time this body addresses this issue now as they are addressing it nationally,” he said. “We need to set that precedent right now that women have their spaces and they need to be comfortable in those spaces, and I think we ought to stand up for them.” Hinkle appeared to be alluding to a recent debate in the U.S. Capitol following Delaware’s election of Sarah McBride, who will become the country’s first openly transgender member of Congress next month. Rep. Nancy Mace, R-S.C., introduced a resolution last month to prohibit any lawmakers and House employees from “using single-sex facilities other than those corresponding to their biological sex.” In remarks that misgendered her, Mace told reporters that the measure was, indeed, intended to target McBride, adding that she is “absolutely 100% going to stand in the way of any man who wants to be in a women’s restroom, in our locker rooms, in our changing rooms.” She added, “I will be there fighting you every step of the way.” House Speaker Mike Johnson, R-La., said he supports Mace’s effort , though his statement of support doesn’t formally change the rules package for the new congressional session, which starts in January. On Nov. 20, McBride responded to Mace’s proposal and Johnson’s response, writing on X: “I’m not here to fight about bathrooms. I’m here to fight for Delawareans and to bring down costs facing families. Like all members, I will follow the rules as outlined by Speaker Johnson, even if I disagree with them. She added, “This effort to distract from the real issues facing this country hasn’t distracted me over the last several days, as I’ve remained hard at work preparing to represent the greatest state in the union come January.” In the days following McBride’s statement, Zephyr encouraged her not to “cede ground.” “When we see policies targeting trans women just trying to live their lives in the restroom, trying to play sports with their friends — that is not where the hate stops from the right,” Zephyr said in an interview with Scripps News at the time. “That hate is on display at every moment, which is why it’s important for us to resist these efforts to target our community.”
Stellantis and Samsung will get US$7 billion to build battery factoriesManchester City's struggles continued as Pep Guardiola's side remarkably blew a three-goal lead to draw 3-3 with Feyenoord in the Champions League on Tuesday, while Bayern Munich beat Paris Saint-Germain to leave the French club in danger of elimination. There were also big wins for Arsenal, Atletico Madrid, Atalanta and Bayer Leverkusen, while Inter Milan went top of the standings after five games and Barcelona's Robert Lewandowski reached a century of Champions League goals. However, the biggest drama came at the Etihad Stadium, where City were cruising early in the second half with a three-goal advantage as they sought to end a run of five successive defeats in all competitions. Erling Haaland opened the scoring from a penalty just before half-time, and Ilkay Gundogan's deflected shot made it 2-0 in the 50th minute. Haaland struck again to make it 3-0, but Feyenoord's comeback began on 75 minutes when Anis Hadj Moussa took advantage of hapless defending to round goalkeeper Ederson and pull one back. Substitute Santiago Gimenez bundled in to make it 3-2 on 82 minutes and the equaliser arrived a minute from the end. Ederson was again caught out with Igor Paixao going around the goalkeeper and crossing for Slovak international David Hancko to head in. "We concede a lot of goals because we are not stable," complained Guardiola. "We lost a lot of games lately. We are fragile and of course we need a victory." It is the first time that a team has gone into the last 20 minutes of a Champions League game trailing by three goals and still avoided defeat, as the point boosts the Dutch side's hopes of progressing. City are two points outside the top eight places which offer direct qualification for the last 16, while Bayern moved above them by beating PSG 1-0 in Munich. South Korean defender Kim Min-jae scored the only goal seven minutes before half-time, heading in after goalkeeper Matvei Safonov failed to clear a corner. PSG had Ousmane Dembele sent off in the second half and the French champions have just four points, and three goals, from five games. They are a lowly 26th in the 36-team league, a point adrift of the positions which offer a place in the play-off round in February. "We need to win our last three matches, otherwise we risk being eliminated," admitted PSG coach Luis Enrique. Lewandowski notched his 100th goal in the competition with an early penalty in Barcelona's 3-0 home win over French side Brest. Dani Olmo netted midway through the second half before Lewandowski sealed Barca's win at the death, his 101st goal in the Champions League -- only Cristiano Ronaldo and Lionel Messi have scored more. Inter lead the standings with 13 points, a point ahead of Barcelona and Liverpool, after a 1-0 win at home to RB Leipzig which means they are also still yet to concede a goal. Castello Lukeba's own goal made the difference at San Siro, and Leipzig are one of only three teams to have lost five games out of five. Arsenal romped to a 5-1 victory away to Sporting in Lisbon, as the Portuguese side adapt to life without coach Ruben Amorim, who has departed for Manchester United. Gabriel Martinelli, Kai Havertz and Gabriel Magalhaes all scored in the first half for Arsenal, before Goncalo Inacio pulled one back shortly after the restart. Bukayo Saka converted a penalty on 65 minutes after Martin Odegaard had been brought down, and Leandro Trossard headed in to seal Arsenal's win late on. Atalanta romped to a 6-1 win over rock-bottom Young Boys in Switzerland, with Mateo Retegui and Charles De Ketelaere both scoring braces. Sead Kolasinac and Lazar Samardzic also netted for the Italians, with Silvere Ganvoula getting the hosts' reply. Florian Wirtz struck twice, including a penalty, as Leverkusen crushed Red Bull Salzburg 5-0, with Alejandro Grimaldo scoring a superb free-kick and Patrik Schick and Aleix Garcia also netting. Julian Alvarez and substitute Angel Correa each scored twice and Marcos Llorente and Antoine Griezmann once as Atletico romped to a 6-0 win away to Sparta Prague. Christian Pulisic, Rafael Leao and Tammy Abraham were the scorers in AC Milan's 3-2 win at Slovan Bratislava, whose goals came from Tigran Barseghyan and Nino Marcelli. Marko Tolic saw red at the end for Slovan, who are without a point. as/nf
Alex Ovechkin is expected to miss 4 to 6 weeks with a broken left legWith success comes great reward. Although the San Antonio Spurs experienced grander triumphs by conquering the league with five NBA championships, a recent award accomplishment alludes to a deeper level of winning. The NBA crowned Harrison Barnes with the Western Conference Player of the Week award. © Daniel Dunn-Imagn Images After the Spurs received a 110-93 throttling on Nov. 16, courtesy of the Dallas Mavericks, albeit without Victor Wembanyama, such a beatdown inspired their best 2024-25 season run. The Spurs' subsequent 3-0 run, led by Harrison Barnes, earned the NBA champion his first NBA Player of the Week award, given the 22.3 points on 61.8 percent shooting and 8.7 rebounds average through the previous week. During the three-game stretch, the Spurs beat the Oklahoma City Thunder, Utah Jazz, and Golden State Warriors. The Spurs' beating two Western Conference leaders alludes to their growth as a team. Without the Spurs' 3-0 record, another player outside Barnes would have earned the award. Related: What is the National Media Saying About Stephon Castle? Winning begets acknowledgment. Frankly, the Spurs' acknowledgment from the past two seasons derived from Wembanyama's star power. However, in light of the Spurs' recent success, the team complemented its star, providing a warranted appreciation from the league. At 9-8, the Spurs' future could include more than a weekly award. Related: Who Sets the Tone in San Antonio?
Saquon Barkley is the NFL's version of Shohei Ohtani: Analysis