Latest news with #QB
Yahoo
11-05-2025
- Sport
- Yahoo
WATCH: QB Dillon Gabriel on interest pre-draft from Cleveland Browns
Who will start at QB for the Browns: Sanders or Gabriel? | Inside Coverage Yahoo Sports' Jason Fitz, senior NFL writer Frank Schwab and senior NFL reporter Jori Epstein debate whether the Cleveland Browns will put Dillon Gabriel or Shedeur Sanders in the starting quarterback position and discuss how both players will fit into the team. Hear the full conversation on 'Inside Coverage' - and subscribe on Apple Podcasts, Spotify, YouTube or wherever you listen.
National Post
29-04-2025
- Business
- National Post
XTM Signs Definitive Asset Purchase Agreement
Article content TORONTO — XTM Inc. ('XTM' or the 'Company') (QB: XTMIF / CSE: PAID / FSE: 7XT), a fintech innovator in automated tip pooling, instant payouts, and Earned Wage Access ('EWA') through its AnyDay™ platform, is pleased to announce it executed a definitive Asset Purchase Agreement with Pateno Payments Inc. ('Pateno'), a subsidiary of Digital Commerce Group, on April 25, 2025 for the sale of the QRails, Inc. processing technology. Article content The strategic transaction, valued at USD $3,000,000 (subject to purchase adjustments), is expected to reduce XTM's monthly operating costs by approximately 50%, positioning the Company to reach cash neutrality by Q3 2025. The divestiture enhances XTM's financial profile by removing the burden of the operations and expense of running the processor while maintaining the business continuity and service offerings through ongoing access to the QRails processing platform. Article content XTM will retain full ownership and management of its proprietary EWA platform, including key contracts, integrations with payroll, time & attendance, and other critical systems. Article content The Company's core QRails processing engineering team has already transitioned to Pateno to ensure operational continuity and support for both XTM and Pateno clients. The transaction delivers immediate non-dilutive capital and significantly reduces overhead, providing meaningful margin expansion and growth runway. Article content 'THIS TRANSACTION MARKS A PIVOTAL MILESTONE IN XTM'S EVOLUTION,' SAID MARILYN SCHAFFER, CEO OF XTM. 'IT ENABLES US TO CONCENTRATE FULLY ON SCALING OUR ANYDAY™ PLATFORM, WHILE BENEFITING FROM A LEANER, MORE AGILE OPERATIONAL MODEL THAT SUPPORTS OUR GROWTH AMBITIONS.' Article content The transaction is expected to close within the next five to ten business days, pending customary bank and network approvals. Article content ADDITIONAL COMPANY UPDATES Article content Dissolution of the Company's referral agreement with KOHO, originally announced on November 14, 2024. The Company will revert approximately 10,000 AnyDay members who transitioned to KOHO earlier this year back to the AnyDay™ platform, with full migration expected by June 30, 2025. Termination of Proposed Investment Agreement with Pateno: The non-binding letter of intent previously announced between XTM and Pateno, contemplating a proposed investment, has been formally terminated. The transaction is now fully replaced by the present asset sale agreement. Debt Elimination: Upon closing of the transaction, XTM will fully repay the EWA funding provided by Two Shores, and settle all interest obligations associated with long-term debt. Following this, the Company will be debt-free, aside from existing convertible debentures. Share-Based Compensation Update: As of March 31, 2025, XTM has issued 6.7 million shares at an average exercise price of $0.965, granted to employees and consultants as part of its retention strategy, via restricted share units (RSUs) and stock options. Article content These actions reflect XTM's ongoing commitment to financial discipline, operational focus, and long-term value creation for shareholders. Article content ABOUT XTM INC. Article content XTM is a fintech company providing modern payment solutions to businesses in hospitality, personal care, and staffing. Its flagship AnyDay™ platform enables on-demand access to earned wages and real-time payments. Powered by QRails technology, XTM's infrastructure supports seamless payroll disbursement and financial wellness tools for workers and payroll providers globally. Article content This news release contains 'forward-looking information' and 'forward-looking statements' within the meaning of applicable securities laws (the 'forward-looking statements'), within the meaning of applicable Canadian securities legislation, including management's plans regarding its businesses. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as 'expect,' 'plan,' 'anticipate,' 'project,' 'target,' 'potential,' 'schedule,' 'forecast,' 'budget,' 'estimate,' 'intend' or 'believe' and similar expressions or their negative connotations, or that events or conditions 'will,' 'would,' 'may,' 'could,' 'should' or 'might' occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. These forward-looking statements are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. Article content Article content Article content Article content Article content Article content
Yahoo
17-04-2025
- Politics
- Yahoo
Sound Off: April 17, 2025
I can't believe someone would actually post that the man deported to El Salvador was a citizen of the United States. Wrongly deported or not, the man was an illegal immigrant, not a Maryland or U.S. citizen. He is married to a U.S. citizen. Recent remarks by President Trump include: 'No one leads us. We do what we want,' and 'These countries are all calling us up, kissing my ass.' There has never been a U.S. president behave this way. This impudent behavior is more aligned with that of an authoritarian dictator rather than a person elected by a democratic republic and the leader of the free world. If Trump is allowed to continue unabated, I fear he will eventually eliminate the judicial and legislative branches of government. Only the executive branch will rule us as a tyrant. History tells us this form of totalitarian rule never succeeds and eventually the people will revolt. NIL has changed college football. Referencing a Rick Cleveland news article, Nico Iamaleava signed at QB with the Tennessee Vols for 4 years at 8 million, then wanted more money, which was denied, and he is now in the transfer portal. You are no longer rooting for college students playing for your school, you are rooting for professionals. To quote Rick Cleveland, 'It has become pro football without the rules.' Sports is becoming less and less like the great movie 'Hoosiers' with the late great Gene Hackman. Joe Biden showed up in Chicago, claiming that the nation has never been this divided. All 7 swing states and the popular vote is far from divided. Back to the basement, please. Why hasn't MAGA-friendly 'news' covered anything about the peace President Trump was supposed to broker between Russia and Ukraine or Israel and Hamas? No coverage is as bad as fake news. Standing up for injustices is not hate. Don't get it twisted if someone calls out your bad behavior. Saying someone hates you is deflecting from the acts of hatred being committed. So, President Trump spends most weekends playing golf at one of his resorts using taxpayer's dollars. What is wrong with this? Send your Sound Offs to soundoff@
Yahoo
30-03-2025
- Sport
- Yahoo
Saturday Night Open Thread Offseason Week 7: Trai mix
Aug. 25, 2012; Orchard Park, NY, USA; Pittsburgh Steelers tackle Trai Essex (79) against the Buffalo Bills at Ralph Wilson Stadium. Mandatory Credit: Timothy T. Ludwig-Imagn Images | Timothy T. Ludwig-Imagn Images Live from Delaware, it's Saturday Night! I, NAS204PSU, am here to bring you this Saturday Night Open Thread (aka SNOT). Another week passes, but it's mostly a non-event. March Madness (or mid-ness if you prefer upsets), is on going, just like the QB limbo situation. Feels like nothing will be resolved for weeks, so enjoy the nicer weather (assuming it is getting nicer where you are) Advertisement This 6 pack of questions is here to get the conversation going is below, also let us know what you're eating/drinking! Former Steeler Trai Essex is in the news telling Broderick Jones he could be on the outside if he doesn't transition well to left tackle this year. Tell me what the odds are that BJ balls out this year at LT? (Example: 10to 1, 50/50, etc) What is the better Mike Tomlin-ism A) The standard is the standard. B) …and things of that nature. C) I want volunteers not hostages. D) We will unleash hell here in December. E) other: provide in comments. 3. Green Bay has proposed eliminating the tush-push by banning the offense from pushing teammates. Do you support eliminating it or would you rather keep this play? 4. It's Women's History Month and The Steelers are hosting a Girls Flag football league today(highschool and college ages). Given that it's flag football but there are still injury risks, would you advise your daughter/sister/niece/ female friend/etc play flag football? 5. Spring is here, and it's yard sale season. Do you have a lot of stuff you need to sell? If so what is it? 6. Going through a kitchen renovation, so we are without an oven,sink,dishwasher etc for a few months. We are making do with hot plates and microwave. What's your favorite creative recipe for a microwave/ toaster /odd appliance etc? (Example : coffee mug cake) Advertisement More from
Yahoo
12-03-2025
- Business
- Yahoo
Contract details for Jarrett Stidham's 2-year deal with Broncos
The Denver Broncos are bringing back Bo Nix's primary backup for the 2025 season after giving Jarrett Stidham a two-year deal earlier this week. After earning an average of $5 million per season on his last contract, Stidham has received a raise from Denver's front office. Stidham, 28, signed a two-year, $12 million deal that averages $6 million per season. The complete terms of his contract are now known thanks to and various reports. Stidham received a $3 million signing bonus that will be prorated as $1.5 million salary cap hits in each of the next two seasons. He can also earn $510,000 in each of the next two seasons through game day roster bonuses, and he'll earn $3.99 million guaranteed. This season, Stidham has a base salary of $1.99 million (all guaranteed). With his prorated signing bonus and game day roster bonus added in, that gives the QB a $4 million salary cap hit in 2025. Nix year, Stidham's base salary will jump to $5.99 million (with $2 million guaranteed). With the bonuses added him, he'll have a total salary cap hit of $8 million in 2026. Meanwhile, playing on his rookie contract, Nix is scheduled to have $4.23 million and $5.07 million salary cap hits over the next two seasons. Denver will look to maximize its spending window at other positions while Nix is still playing on his rookie deal. These 25 celebrities are Broncos fans This article originally appeared on Broncos Wire: Jarrett Stidham: Contract details for QB's 2-year deal with Broncos
