Bizimle iletişime geçin

SPACS

Yeni SEC Başkanı Gary Gensler, SPAC Düzenlemesi İçin Zorlayabilir

Avatar

Yayınlanan

on

Yeni SEC Başkanı, yatırımları düzenleme yaklaşımının bir parçası olarak SPAC'lardan bahsetti.

Ne oldu: Yeni SEC Başkanı Gary Gensler, icra gündeminin SPAC'ler, fintech ve kripto para birimlerinin daha fazla incelenmesini içereceğini söyledi. Fox Business.

Uzmanlar, Gensler'ın beklenen halka açık şirketlere daha uygulamalı bir yaklaşım benimsemek.

Healthy Markets başkanı Ty Gellasch, "Ajansın tepesi, Jay Clayton ve kongre cumhuriyetçilerinin yıllardır yürüttüğü sektör açıklamalarını genişleterek ve iyileştirerek ve yatırımcı haklarını iade ederek, ters yönde bir gündem belirleyecek" dedi reuters.

Neden Önemlidir: Önceki SEC Başkanı Jay Clayton, geçen yıl "Squawk Box" üzerine röportaj yapmış ve tartışılan SPAC'lar için daha fazla açıklama ihtiyacı.

Clayton, "İyi rekabet ve iyi karar vermek için iyi bilgiye ihtiyacınız var," dedi.

Eski SEC Başkanı, SPAC'ı halkı getiren sponsorlar için hisse sahipliği ve teşviklere odaklanmak istedi.

Clayton, borsa düzenlemesi konusunda yumuşak davranıyordu. Yeni SEC başkanı, hızlı bir şekilde değişiklikler yapabilir ve SPAC anlaşmalarıyla ilgili daha fazla bilgi edinmeye zorlayabilir.

Gensler'in uygulama gündemi hakkındaki ilk yorumunda SPAC'leri seçmiş olması, mevcut düzende mevcut bir sorun olduğuna inandığını gösterebilir.

SPAC'ler, şirketlerin halka açılmasının yeni bir yolu haline geldi.

SPAC'ler ayrıca şirketlere, bir anlaşma yaptıktan sonra yatırımcı sunumları ve görüşmeler yoluyla şirketlerini öne çıkarma şansı veriyor.

Şu anda, SPAC anlaşmaları genellikle ilk basın bülteninde hissedarlar ve sponsorlar için sahiplik yüzdelerini içermez. Bu bilgi daha sonra bir yatırımcı sunumunda bulunabilir. Bu, ufuktaki değişikliklerden biri olabilir.

Kaynak: Benzinga - Yeni SEC Başkanı Gary Gensler, SPAC Düzenlemesi İçin Zorlayabilir

Kaynak: https://spacfeed.com/new-sec-chair-gary-gensler-could-push-for-spac-regulation?utm_source=rss&utm_medium=rss&utm_campaign=new-sec-chair-gary-gensler-could-push- boşluk düzenlemesi için

SPACS

Temelde Farklı Bir SPAC Türü

Avatar

Yayınlanan

on

Special Purpose Acquisition Company (SPAC) IPOs have generated a lot of buzz recently, and for good reason: 242 SPAC were launched in 2020 alone. SPACs aren’t anything new; they’ve been around since at least the 90s. You may even remember that Burger King was reintroduced to the public markets via SPAC merger way back in 2012.

So why the sudden explosion of interest? How could a relatively arcane financial instrument vault to the forefront of the public imagination and account for nearly half of all money raised via public offerings in 2020? As it turns out, there are quite a few reasons, but the real paradigm-shifting variable that refocused and revolutionized the SPAC landscape boils down to a single word: quality.

Ultimately, venture-backed businesses are expected to generate real returns for their investors by way of a liquidity event. Before the SPAC boom, this was most often achieved via acquisition, a private equity buyout, or an IPO.

In the mid-2010s, a new cohort of tech companies who had cut their teeth disrupting industries (or creating their own) had reached the stage in their corporate lifecycles where a traditional IPO became feasible. But management teams who spent their professional careers tearing down the status quo sought alternative approaches, such as direct listings.

This precipitated a broader awakening; suddenly, our eyes were opened to a more diverse set of pathways to liquidity. High caliber, venture-backed companies that would never have previously considered it began exploring SPAC mergers. A new generation of SPACs emerged to reap this newly fertile ground.

As a vehicle for liquidity, a SPAC merger is an attractive alternative to an IPO. Management teams receive the capital they need to fully fund their business plans at valuations that give credit for anticipated growth, without subjecting themselves to the complexities of an IPO process. Because SPAC managers and investors account for future performance, companies that may have been 6-18 months away from IPO readiness have begun to explore SPAC mergers as an alternative to late stage financing rounds.

We’ve also begun to see companies that had planned to IPO, or have even begun the process, pause to examine the relative benefits and efficiencies of a SPAC, where teams have more visibility and control over their valuation and investor base. Whatever the motivation, SPAC mergers provides them with the capital necessary to focus on what they do best: execute.

While the universe of potential targets has evolved, the structure of most SPACs hasn’t. Management teams and boards remain mostly homogenous, and sponsors are typically investment funds that are unable to bring value beyond capital to a target.

Vezir Gambiti Büyüme Başkenti is a fundamentally different kind of SPAC, founded on the principles of diversity and partnership. Our 100% female-led management team and board are seasoned senior executives, thought leaders and operators; our sponsor, Agility Logistics, is committed both to providing commercial opportunities and to lending its operational resources to our target.

Gerçekler:

  • You can consider every member of our management, board and advisory to be fully engaged as part of the team; they aren’t just for show.
  • We are operators who have built, run, and led companies. We understand how to accelerate growth without compromising entrepreneurial culture by adding just enough process to enable extraordinary execution.
  • We bring an unparalleled network of potential customers, investors, entrepreneurs and business leaders that will open doors to major corporate partners, blue-chip investors and everything in between for our target.
  • Our team includes two public company CFOs who have navigated the transition from private to public and have cultivated through experience a thorough understanding of true market readiness as well as the rigors of controlling a public company.
  • Our partnership with Agility Logistics provides a unique analytical perspective as well as the promise of substantial commercial and operational benefits for our ultimate target.
  • We are committed to supporting existing management teams.

Our investable universe spans Healthcare, Fintech, Frontier Technologies and Logistics with a particular focus on broad ESG themes. The ideal target will have already retired its technical risk, have a clear pathway to profitability, be prepared to immediately capitalize on a significant capital injection to stimulate explosive growth and have a public markets ready, stellar management team. This last point is especially crucial as we are looking to partner with a driven, aligned and ambitious existing group. We will measure our success by ensuring that a resilient, sustainable public enterprise is created as a result of partnering with Queen’s Gambit.

By leveraging our diverse view and far-reaching network as an asset and accelerant, our target company can expect the Queen’s Gambit board and advisers to facilitate revenue generating partnerships and provide access to blue chip, high-quality long-term capital. As experienced business leaders with decades of cumulative experience as public company directors, our shareholders and our target company can have confidence in our ability to perform thorough diligence of the target company’s past financial performance, strategic thinking competencies, risk management capabilities, as well as in our commitment to establish sound audit, compensation and governance oversight.

We believe that our value proposition is as appealing as it is differentiated. We couldn’t be more excited to engage with today’s most promising companies.

P.S. Our name is in keeping with our CEO’s history of naming her funds after chess moves and is a statement of our mandate for diversity. Any allusion to a certain Netflix show should be considered purely coincidental.

Yazarlar hakkında:

Victoria Grace CEO'su Vezir Gambiti Büyüme Başkenti and founding partner of Colle Capital Partners LP, an opportunistic early stage technology venture fund. She previously served as Partner at Wall Street Technology Partners LP and Director of the Dresdner Kleinwort Wasserstein Private Equity Group. She co-founded Work It, Mom! and co-managed the company for five years until its merger. Victoria serves on the board of Vostok New Ventures, an investment company with presence in Sweden.

Betsy Atkins is a member of the Queen’s Gambit Advisory Board and the CEO / Owner of Baja Corporation. She is a globally recognized corporate governance thought leader having served on over 34 public boards and currently serving on the board of Volvo Cars, Wynn Resorts, and is the Chair of the Google Cloud Advisory Board.

Burada ifade edilen görüşler ve görüşler yazarın görüşleri ve görüşleridir ve mutlaka Nasdaq, Inc.'in görüşlerini yansıtmaz.

Kaynak: Google SPAC Feed - Temelde Farklı Bir SPAC Türü

Source: https://spacfeed.com/a-fundamentally-different-kind-of-spac?utm_source=rss&utm_medium=rss&utm_campaign=a-fundamentally-different-kind-of-spac

Continue Reading

SPACS

Shake Shack Oluşturucu Danny Meyer, Charitable Partner ile SPAC'ı Başlattı

Avatar

Yayınlanan

on

USHG Acquisition Corp. (HUGS), a blank-check company with Shake Shack creator Danny Meyer at the helm, started trading on the New York Stock Exchange on Thursday in a deal valued at $250 million.
Perhaps surprisingly — given Meyer’s pedigree as the CEO of Union Square Hospitality Group that operates more than 20 restaurants and bars — the special purpose acquisition company (SPAC) is looking beyond the restaurant industry for possible mergers.
“It would be intuitive for people to say, ‘Oh, obviously Danny Meyer and his group are going to be focusing on bringing public a restaurant company,’” Meyer told Cheddar. “It’s likely that that’s not going to be the case.”
Instead, the SPAC is seeking out companies with what Meyer called a “stakeholder approach” to doing business.
“We believe that the most compelling differentiator for long-term business success is when a company believes that the first input has to be the people working there, and the second input has to be the people who do business with them, the customers, and then the community in which they do business,” he said.
Outside of this criteria, the SPAC is casting a wide net, with technology, e-commerce, food and beverage, and health and wellness companies all on the table.
A component of USHG’s culture-driven acquisition strategy is a charitable partnership with Share Our Strength, a national nonprofit seeking to end childhood hunger, of which Meyer sits on the board.
As part of the public offering, Meyer said USHG will “gift a meaningful number of shares” to the nonprofit that will provide a long-term funding source for its programming.
“The resources that are generated from this are so important because at the end of the day charity is so important, but it’s not enough. We’ve got to find ways to create new wealth,” said Share Our Strength CEO Billy Shore.
Shore added that he would like to see more companies go public with a charitable partner.
“It can’t be just the nonprofit sector. It can’t be just the government sector. It’s got to be the business sector as well. When all three come together, we can actually solve this problem.”

Source: Cheddar – Shake Shack Oluşturucu Danny Meyer, Charitable Partner ile SPAC'ı Başlattı

Source: https://spacfeed.com/shake-shack-creator-danny-meyer-launches-spac-with-charitable-partner?utm_source=rss&utm_medium=rss&utm_campaign=shake-shack-creator-danny-meyer-launches-spac-with-charitable-partner

Continue Reading

SPACS

Sigorta Hizmetleri Firması, SPAC Sponsoru ve SPAC Yöneticileri Post-deSPAC Menkul Kıymetler Davasıyla Vuruldu

Avatar

Yayınlanan

on

Regular readers know that I have been documenting on this blog the recent rise in securities class action lawsuit filings relating to SPAC entities and transactions (most recently okuyun). Along the way, I have suggested that given the sheer amount of SPAC IPO activity during 2020 and 2021, the volume of this type of litigation is likely to increase. The latest evidence supporting this possibility is the securities class action lawsuit filed on February 24, 2021 against MultiPlan Corporation, a health services company that in October 2020 merged into a SPAC. As discussed below, this latest lawsuit has several features that could be recur in future SPAC-related securities lawsuits. A copy of the February 24, 2021 complaint against MultiPlan and other defendants can be found okuyun.

Arka fon

Churchill Capital Corp. III (“Churchill III”) is a Special Purpose Acquisition Corporation (SPAC) that completed an IPO on February 14, 2020. The IPO was sponsored by M. Klein and Company, which the subsequent securities class action complaint describes as “one of the most prolific creators of blank check companies in the world, having launched at least seven such companies which have raise billions of dollars.”

On July 13, 2020, Churchill III açıkladı that it had entered into an agreement, subject to shareholder approval, to merge with MultiPlan Corp.  MultiPlan is a data analytics firm that provides cost management solutions to the U.S. healthcare industry. Its customers include, among others, large national insurance companies. The merger was to be funded with the proceeds of the IPO as well as new debt and equity issuances. At the completion of the transaction, the merged company was to be known as MultiPlan. In an October 7, 2020 vote, Churchill III shareholders approved the merger and related financing.

On November 11, 2020, short seller Muddy Waters Research published a report entitled “MultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab” (okuyun). Among other things, the Muddy Waters report claimed that at the time of the merger, MultiPlan was in the process of losing its largest client, UnitedHealthcare, which, the report claimed, could cost the company about 35% of the company’s revenues and 80% of its levered free cash flow in the next two years. The report further claimed that United Healthcare had launched a competitor, Naviguard, to reduce its business with MultiPlan. The report further claimed that MultiPlan had obscured its deteriorating financial position by manipulating cash reserves to show inflated earnings. The report also stated that the undisclosed pricing pressures had caused the company to cut its “take rate” from customers in half in some instances.

The report further claimed that MultiPlan’s four prior private equity owners had “looted the business” for cash in the lead-up to the merger, and that the prior private equity owners could not find anyone to buy the business after the cuts. The report further stated that the company sought to “buy” revenue growth by acquiring smaller, supposedly “inferior” companies, to mask eroding fundamentals. According to the subsequently filed securities class action lawsuit, MultiPlan’s share price fell to $6.12 per share, about 40% below the price at which shareholders could have redeemed their shares at the time of the shareholder vote on the merger.

Dava

On February 24, 2021, a plaintiff shareholder filed a securities class action lawsuit in the Southern District of New York against MultiPlan and several other defendants. The list of defendants named includes individuals who allegedly served as individual pre-merger board members of Churchill III; Churchill III’s pre-merger Chairman and CEO, Michael Klein, who also is the founder of the SPAC sponsor, M. Klein and Company; and Churchill III’s pre-merger CFO, who is also the CFO of M. Klein and Company.

In addition, the individual defendants also include the pre-merger “Operating Partner” of Churchill III, as well as the pre-merger Chairman and CEO of MultiPlan, who continued in that role at the post-acquisition company following the merger; and the pre-merger CFO of MultiPlan, who continued in that role at the post-acquisition company after the merger. The defendants also include the SPAC sponsor M. Klein and Company and certain other Klein-related entities.

The complaint purports to be filed on behalf of (i) all purchasers of Churchill III securities between July 12, 2020 (the date the parties entered the merger agreement) and November 10, 2020 (the date before the Muddy Waters report was published); and (ii) all holders of Churchill III Class A common stock entitled to vote on Churchill III’s merger with and acquisition of Polaris Parent Corp. and its consolidated subsidiaries (collectively “MultiPlan”)  consummated in October 2020. The complaint alleges that the defendants violated Section 10(b), 14(a), and 20 (a) of the Securities Exchange Act of 1934.

The complaint quotes extensively from the proxy statement published prior to the merger; public statements by executives of Churchill III and of MultiPlan prior to the merger; and the Muddy Waters report. The complaint alleges that the defendants made false or misleading statements or failed to disclose

  • that MultiPlan was losing tens of millions of dollars in sales and revenues to Naviguard, a competitor created by one of MultiPlan’s largest customers, UnitedHealthcare, which threatened up to 35% of the Company’s sales and 80% of its levered cash flows by 2022;
  • that sales and revenue declines in the quarters leading up to the Merger were not due to “idiosyncratic” customer behaviors as represented, but rather due to the fundamental deterioration in demand for MultiPlan’s services and increased competition, as payors developed competing services and sought alternatives to eliminating successive healthcare costs;
  • that MultiPlan was facing significant pricing pressures for its services and had been forced to materially reduce its take rate in the lead up to the Merger by insurers, who had expressed dissatisfaction with the price and quality of MultiPlan’s service and balanced billing practices, causing the Company to cut its take rate by up to half in some cases;
  • that, as a result of (a)-(c) above, MultiPlan was set to continue from revenue and earning declines, increased competition and deteriorating pricing dynamics following the Merger;
  • that, as a result of (a)-(d) above, MultiPlan was forced to seek continued revenue growth and to improve its competitive positioning through pricey acquisitions, including through the purchase of HST for $140 million at a premium price from a former MultiPlan executive only one month after the Merger; and
  • that, as a result of (a)- (e) above, Churchill III investors had grossly overpaid for the acquisition of MulitPlan in the Merger, and MultiPlan’s business was worth far less than represented to investors.

The complaint also contains certain allegations pertaining to the structure of the SPAC itself and to its administration. Thus, the complaint alleges that as the SPAC was structured, the SPAC sponsor and insiders “would be richly rewarded” if the SPAC completed the projected business combination in the initial two year time frame. The sponsor company defendants were issued founder shares equal to 20% of the Churchill III’s outstanding common shares after the IPO, but only if Churchill III completed the projected business combination. The sponsor defendants also purchased 23 million private placement warrants that would expire worthless if the business combination was not achieved. As a result, the complaint alleges, the sponsor defendants and the Churchill III individual defendants “were highly incentivized to complete an initial business combination and to convince shareholders to approve the Merger.”

In Count II of the complaint, alleging violations of Section 14(a), and in which the plaintiff seeks damages for alleged material misrepresentations and omissions in Churchill III’s pre-merger proxy statement, the complaint alleges that “as a direct result of defendants’ negligent preparation, review, and dissemination of the false and/or misleading Proxy, plaintiff and the Class were precluded from exercising their right to seek redemption of their Churchill III shares prior to the Merger on a fully informed basis and were induced to vote their shares and accept inadequate consideration in connection with the Merger.”

Tartışma

By my count, this lawsuit represents the fourth SPAC-related securities class action lawsuit to be filed so far this year – and the second SPAC-related lawsuit to be filed just in the past week. In addition to these securities class action lawsuits seeking damages and alleging violations of Section 10(b), there have also been a number of pre-transaction merger objection lawsuits filed against SPAC companies, typically alleging violations of Section 14(a), and typically filed individually rather than on behalf of a plaintiff class.

As I have noted in connection with several of the prior SPAC-related securities class action lawsuits, it is important to note that the defendants named in the post-deSPAC transaction lawsuit include not only individual directors and officers of the go-forward operating company, but also individual directors and officers of the pre-transaction SPAC company. Indeed, it appears that the list of the individual defendants in this lawsuit includes all of the individual SPAC company directors. Interestingly, the list of defendants also includes the SPAC sponsor and affiliated entities.

The allegations in the complaint are also noteworthy because of their extensive reference to the financial incentives of the SPAC sponsor and of the SPAC insiders to complete an acquisition in the specified investment period. The allegations are also noteworthy because of the specific reference to the SPAC investors’ right to redeem their shares at the time of de-SPAC transaction. The complaint alleges that the investors were induced to forbear from redeeming their shares based on the alleged financial misrepresentations about the target company.

The complaint’s reference to the investors’ redemption rights are interesting to me because of the attention Stanford Law Professor Michael Klausner has drawn to these redemption rights in his academic publications and also in a January 6, 2021 Wall Street Journal op-ed article entitled “The SPAC Bubble May Burst – and Not a Day Too Soon”(okuyun). Klausner’s commentary is more focused on the dilutive impact the investors’ exercise of their rights could have on a SPAC company’s cash position, but it is focused in the redemption rights as a source of tension in the SPAC structure and operation.

I emphasize here the allegations in the complaint about the SPAC structure and administration because many of the SPAC-related lawsuits have been focused on the company acquired in the deSPAC transaction and its post-deSPAC operations. To be sure, the crux of this lawsuit is the financial health of MultiPlan, both before and after the merger. However, at noted, there are also allegations about the SPAC itself. This seems important to me, as I suspect that in future SPAC-related lawsuits we may see more allegations relating to the SPAC itself.

The complaint is also noteworthy for its focus on one of the successful, serial SPAC sponsor firms. As Professor Klausner’s op-ed article notes, there is a SPAC industry at work, that accounts for the over 400 SPAC IPOs that have been completed since January 1, 2020. This SPAC industry has to hum along in 2021, as there have already been (as of February 25, 2021) 176 completed SPAC IPOs this year, with many more in the pipeline. Given these dynamics, it arguably is unsurprising that the SPAC industry might itself become a focus of attention.

All of the foregoing notwithstanding, it is also important to note that this complaint depends heavily on the highly incentivized report of short-seller Muddy Waters. For that reason, there is reason to be skeptical, both of the report and of the complaint. It remains to be seen how the complaint will fare.

While I am wary of predicting anything about this particular lawsuit, I do feel comfortable that we will be seeing further SPAC-relates securities class action litigation in the weeks and months ahead. The sheer volume of SPAC-relates financial activity virtually guarantees it.

Source: The D&O Diary – Insurance Services Firm, SPAC Sponsor, and SPAC Execs Hit with Post-deSPAC Securities Suit …

Source: https://spacfeed.com/insurance-services-firm-spac-sponsor-and-spac-execs-hit-with-post-despac-securities-suit?utm_source=rss&utm_medium=rss&utm_campaign=insurance-services-firm-spac-sponsor-and-spac-execs-hit-with-post-despac-securities-suit

Continue Reading

SPACS

PLAYSTUDIOS ve Acies Yatırımcı Sunumu

Avatar

Yayınlanan

on

Continue Reading
Blockchain4 gün önce

BAE'deki Carrefour Müşterileri, Blockchain Teknolojisiyle Çiftlikten Rafa Bilgi Alacak

NES kodunun önerilen donanım uygulaması. Devre, kırmızıyla vurgulanan bir jiratörle birleştirilmiş iki Josephson bağlantısından oluşur. KREDİ M. Rymarz ve diğerleri, Phys Rev X (2021), https://doi.org/10.1103/PhysRevX.11.011032 (CC BY 4.0)
Nano Teknoloji3 gün önce

Hataya dayanıklı kübitlerin planı: Forschungszentrum Jülich ve RWTH Aachen Üniversitesi'ndeki bilim adamları, yaygın hatalara karşı doğal olarak korunan kuantum bilgisayarlar için bir devre tasarladılar.

NES kodunun önerilen donanım uygulaması. Devre, kırmızıyla vurgulanan bir jiratörle birleştirilmiş iki Josephson bağlantısından oluşur. KREDİ M. Rymarz ve diğerleri, Phys Rev X (2021), https://doi.org/10.1103/PhysRevX.11.011032 (CC BY 4.0)
Nano Teknoloji5 gün önce

Hataya dayanıklı kübitlerin planı: Forschungszentrum Jülich ve RWTH Aachen Üniversitesi'ndeki bilim adamları, yaygın hatalara karşı doğal olarak korunan kuantum bilgisayarlar için bir devre tasarladılar.

Amb Kripto5 gün önce

Ethereum, Uniswap, Dogecoin Fiyat Analizi: 21 Şubat

Otomotiv4 gün önce

SpaceX Starship, bu hafta üçüncü seferin cazibesi olup olmadığını öğrenmeye hazır

PR Newswire4 gün önce

Uluslararası HPV Farkındalık Günü Zirvesi

AI4 gün önce

Kovuldum: İş arkadaşımın görevden alınmasından sadece haftalar sonra etik biriminin ortak lideri olarak zorlanan Google AI erimekte

NES kodunun önerilen donanım uygulaması. Devre, kırmızıyla vurgulanan bir jiratörle birleştirilmiş iki Josephson bağlantısından oluşur. KREDİ M. Rymarz ve diğerleri, Phys Rev X (2021), https://doi.org/10.1103/PhysRevX.11.011032 (CC BY 4.0)
Nano Teknoloji4 gün önce

Hataya dayanıklı kübitlerin planı: Forschungszentrum Jülich ve RWTH Aachen Üniversitesi'ndeki bilim adamları, yaygın hatalara karşı doğal olarak korunan kuantum bilgisayarlar için bir devre tasarladılar.

NES kodunun önerilen donanım uygulaması. Devre, kırmızıyla vurgulanan bir jiratörle birleştirilmiş iki Josephson bağlantısından oluşur. KREDİ M. Rymarz ve diğerleri, Phys Rev X (2021), https://doi.org/10.1103/PhysRevX.11.011032 (CC BY 4.0)
Nano Teknoloji5 gün önce

Hataya dayanıklı kübitlerin planı: Forschungszentrum Jülich ve RWTH Aachen Üniversitesi'ndeki bilim adamları, yaygın hatalara karşı doğal olarak korunan kuantum bilgisayarlar için bir devre tasarladılar.

Otomotiv3 gün önce

FAA, SpaceX Starship prototipini üçüncü fırlatma ve iniş girişimi için temizledi

Nano Teknoloji4 gün önce

Yeni izole edilmiş lenfatik damar lümen perfüzyon sistemi kullanılarak nanopartiküllerin dinamiği

NES kodunun önerilen donanım uygulaması. Devre, kırmızıyla vurgulanan bir jiratörle birleştirilmiş iki Josephson bağlantısından oluşur. KREDİ M. Rymarz ve diğerleri, Phys Rev X (2021), https://doi.org/10.1103/PhysRevX.11.011032 (CC BY 4.0)
Nano Teknoloji4 gün önce

Hataya dayanıklı kübitlerin planı: Forschungszentrum Jülich ve RWTH Aachen Üniversitesi'ndeki bilim adamları, yaygın hatalara karşı doğal olarak korunan kuantum bilgisayarlar için bir devre tasarladılar.

PR Newswire4 gün önce

Antikoagülan Ters İlaçlar Pazar Büyüklüğü 1.81 Milyar Dolar Değerinde 2027'ye Kadar: Grand View Research, Inc.

PR Newswire4 gün önce

IAR Systems, önde gelen gömülü geliştirme araçlarında 64 bit Kol çekirdeği desteği sunar

NES kodunun önerilen donanım uygulaması. Devre, kırmızıyla vurgulanan bir jiratörle birleştirilmiş iki Josephson bağlantısından oluşur. KREDİ M. Rymarz ve diğerleri, Phys Rev X (2021), https://doi.org/10.1103/PhysRevX.11.011032 (CC BY 4.0)
Nano Teknoloji3 gün önce

Hataya dayanıklı kübitlerin planı: Forschungszentrum Jülich ve RWTH Aachen Üniversitesi'ndeki bilim adamları, yaygın hatalara karşı doğal olarak korunan kuantum bilgisayarlar için bir devre tasarladılar.

PR Newswire4 gün önce

Famtech Neden Önümüzdeki Yıllarda Önemli Bir Trend Olacak

PR Newswire4 gün önce

Heritage Health Solutions, Inc. Yeni Başkanını Açıkladı

Dünya Haberleri4 gün önce

Savosolar Plc Yıllık Genel Toplantısı Bildirisi

biyomühendis3 gün önce

Grafen Oksit membranlar kağıt endüstrisi enerji maliyetlerini düşürebilir

biyomühendis3 gün önce

UH, HIV / AIDS salgınıyla mücadele için 5 milyon dolar aldı

Trend