Latest news with #Spaces
CNBC
4 days ago
- Politics
- CNBC
Disgraced former Rep. George Santos to begin seven-year prison sentence today
WASHINGTON — Disgraced former Rep. George Santos is set to report to prison on Friday, beginning a more than seven-year sentence after pleading guilty to a laundry list of federal charges that included wire fraud, identity theft and money laundering. The flamboyant New York Republican, who stormed onto the national stage when he unexpectedly won a congressional seat in 2022 and was expelled by his colleagues the very next year, didn't go quietly this week. He appeared on an hour-long podcast, engaged with his followers on X Spaces and posted a series of farewell tweets on X. He also continued to post videos for supporters on the Cameo platform through Friday morning, charging a minimum of $300 per video, according to the site. "Well, darlings …The curtain falls, the spotlight dims, and the rhinestones are packed. From the halls of Congress to the chaos of cable news what a ride it's been! Was it messy? Always. Glamorous? Occasionally. Honest? I tried… most days," Santos wrote on X. "I may be leaving the stage (for now), but trust me legends never truly exit," he continued. In his hour-and-a-half Spaces live broadcast, Santos, a Donald Trump ally in Congress, said he's been asked by many people whether he will get a presidential pardon or commutation that could cut short his 87-month sentence. "The answer to that is, I don't know. You're asking the wrong person," he said on Thursday. "The only person that can answer that question is, you know, whoever the president of the United States is — in this case, President Donald Trump." The White House has not commented on the matter. Santos' political career was one of the shortest and most tumultuous in recent memory. Even before he was sworn into office, the New York Times and other outlets revealed that he had fabricated parts of his resume, and the personal narrative that he shared with donors and voters on the campaign trail began to fall apart. The House Ethics Committee issued a scathing investigative report about Santos, finding he'd likely committed multiple federal crimes, and the Justice Department indicted him on 23 counts, including embezzling contributions from supporters, illegally obtaining unemployment benefits and lying on House financial disclosures. In the 2022 midterm elections, Santos had been one of four Republicans who had flipped Democratic-held seats in New York. But after the indictment and Ethics report, it was those same New York GOP colleagues who led the charge to oust him from Congress. On Dec. 1, 2023, the House voted 311-114 to expel Santos, making him just the sixth person in U.S. history to be expelled from the House of Representatives. After his guilty plea, Santos was sentenced to 87 months behind bars this past April and ordered to pay almost $374,000 in restitution and over $200,000 in forfeiture. During his appearances this week, Santos repeatedly expressed remorse for his lies and actions, even as he tried to settle political scores with those who ousted him from Congress. "I think we can all attest that I've made a string of s--- choices in my life, and for that, I'm sorry to those I've disappointed, to those I've let down, to those that I have caused irreparable damage. I'm sorry. I mean it. I'm not— I'm not placating. This isn't for show," Santos said on Spaces. "It's just, life sucks sometimes and life-ing is hard," he said.
NBC News
4 days ago
- Politics
- NBC News
Disgraced former Rep. George Santos to begin seven-year prison sentence today
WASHINGTON — Disgraced former Rep. George Santos is set to report to prison on Friday, beginning a more than seven-year sentence after pleading guilty to a laundry list of federal charges that included wire fraud, identity theft and money laundering. The flamboyant New York Republican, who stormed onto the national stage when he unexpectedly won a congressional seat in 2022 and was expelled by his colleagues the very next year, didn't go quietly this week. He appeared on an hour-long podcast, engaged with his followers on X Spaces and posted a series of farewell tweets on X. He also continued to post videos for supporters on the Cameo platform through Friday morning, charging a minimum of $300 per video, according to the site. 'Well, darlings …The curtain falls, the spotlight dims, and the rhinestones are packed. From the halls of Congress to the chaos of cable news what a ride it's been! Was it messy? Always. Glamorous? Occasionally. Honest? I tried… most days,' Santos wrote on X. 'I may be leaving the stage (for now), but trust me legends never truly exit," he continued. In his hour-and-a-half Spaces live broadcast, Santos, a Donald Trump ally in Congress, said he's been asked by many people whether he will get a presidential pardon or commutation that could cut short his 87-month sentence. 'The answer to that is, I don't know. You're asking the wrong person,' he said on Thursday. 'The only person that can answer that question is, you know, whoever the president of the United States is — in this case, President Donald Trump.' The White House has not commented on the matter. Santos' political career was one of the shortest and most tumultuous in recent memory. Even before he was sworn into office, the New York Times and other outlets revealed that he had fabricated parts of his resume, and the personal narrative that he shared with donors and voters on the campaign trail began to fall apart. The House Ethics Committee issued a scathing investigative report about Santos, finding he'd likely committed multiple federal crimes, and the Justice Department indicted him on 23 counts, including embezzling contributions from supporters, illegally obtaining unemployment benefits and lying on House financial disclosures. In the 2022 midterm elections, Santos had been one of four Republicans who had flipped Democratic-held seats in New York. But after the indictment and Ethics report, it was those same New York GOP colleagues who led the charge to oust him from Congress. On Dec. 1, 2023, the House voted 311-114 to expel Santos, making him just the sixth person in U.S. history to be expelled from the House of Representatives. After his guilty plea, Santos was sentenced to 87 months behind bars this past April and ordered to pay almost $374,000 in restitution and over $200,000 in forfeiture. During his appearances this week, Santos repeatedly expressed remorse for his lies and actions, even as he tried to settle political scores with those who ousted him from Congress. "I think we can all attest that I've made a string of s--- choices in my life, and for that, I'm sorry to those I've disappointed, to those I've let down, to those that I have caused irreparable damage. I'm sorry. I mean it. I'm not— I'm not placating. This isn't for show," Santos said on Spaces.
India Today
7 days ago
- Business
- India Today
Indiqube Spaces IPO: Should you invest? Check GMP and review by experts
The initial public offering (IPO) of Indiqube Spaces is currently open for subscription and has attracted strong interest from retail investors. As of noon on the opening day, the issue was nearly half subscribed, with most bids coming from the retail Spaces is aiming to raise Rs 700 crore through this IPO. The issue includes a fresh issue of 2.74 crore shares worth Rs 650 crore and an offer for sale of 21 lakh shares valued at Rs 50 IPO is a bookbuilt issue with a price band of Rs 225 to Rs 237 per can bid in lots of 63 shares. For retail investors, the minimum investment comes to Rs 14,175. For small non-institutional investors (sNII), the minimum application is 14 lots or 882 shares (Rs 2,09,034), and for big non-institutional investors (bNII), it is 67 lots or 4,221 shares (Rs 10,00,377).ICICI Securities is the book-running lead manager, and MUFG Intime India Private Limited (Link Intime) is the registrar for the YOU SUBSCRIBE?Indiqube Spaces offers managed workplace solutions such as coworking spaces, interiors, tech services, and facility management. It uses a 'hub-and-spoke' model and caters to startups, mid-sized businesses, and large of March 31, 2025, the company operates 115 centres across 15 cities, managing 8.40 million sq ft with a total seating capacity of 1,86, to Anand Rathi's IPO report, the company is expanding its real estate footprint and plans to scale its customised office design service, IndiQube Bespoke, across tech platform MiQube is used to streamline operations and improve client experience. The report noted that the company is valued at a price-to-sales ratio of 4.7x and an EV/EBITDA of 14.6x post-issue, with a market cap of Rs 4,977.1 crore. The brokerage recommended a 'Subscribe–Long term' the company is still loss-making, experts see potential. Gaurav Garg from Lemonn Markets Desk said that Indiqube is working in a high-growth but underpenetrated sector. Its strong presence in key office markets and its technology-driven platform are positives. However, due to high valuations and ongoing losses, he suggested that this IPO may be more suitable for long-term investors who can take moderate GMPAs of July 23, 2025, the latest grey market premium (GMP) for Indiqube Spaces IPO stands at Rs 23. Based on the upper end of the price band (Rs 237), the expected listing price is Rs 260. This implies a potential listing gain of around 9.7%.key datesThe IPO will close for bidding on July 25, 2025. The allotment is expected to be finalised on July 28, 2025. The shares are likely to be listed on BSE and NSE on July 30, considering this issue are advised to look at the company's long-term business potential and not just the listing gains. The mix of high-profile clients, expanding presence, and integrated tech support positions Indiqube well in the flexible workspace segment. However, like any IPO, investors should be cautious about valuations and market conditions before deciding.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)- Ends advertisement
Economic Times
22-07-2025
- Business
- Economic Times
Indiqube Spaces IPO opens on July 23; GMP hints at 13% premium
Workspace solutions provider Indiqube Spaces is set to open its initial public offering (IPO) for subscription on Wednesday, July 23. Ahead of the launch, the company's shares are trading at a grey market premium (GMP) of Rs 31–32, indicating a potential listing gain of around 13% over the upper price band of Rs 237. ADVERTISEMENT While the GMP reflects investor interest, market watchers caution that it remains speculative and can fluctuate significantly before listing. The IPO will open for subscription on July 23 and close on July 25. The price band is fixed at Rs 225–237 per share, with investors able to apply in lots of 63 shares. The Rs 700 crore issue comprises a fresh issue of Rs 650 crore and an offer for sale (OFS) worth Rs 50 Spaces has reserved 88,41,773 shares (29.94%) for Qualified Institutional Buyers (QIBs), 44,20,885 shares (14.97%) for Non-Institutional Investors (NIIs), and 29,47,257 shares (9.98%) for retail investors. An additional 63,291 shares have been allocated for employees. ADVERTISEMENT ICICI Securities is the lead manager for the IPO, while MUFG Intime India (formerly Link Intime) is the issue of Proceeds ADVERTISEMENT The company plans to use Rs 462.65 crore from the IPO proceeds to set up new centres. About Rs 93 crore will go toward partial or full repayment of borrowings, while the remaining amount will be used for general corporate purposes. Founded in 2015, Indiqube Spaces (formerly Innovent Spaces Pvt. Ltd.) provides modern, sustainable workspace solutions. It began operations in Uttar Pradesh before relocating its base to Bengaluru in 2018. ADVERTISEMENT For FY25, the company reported revenue of Rs 1,102.93 crore, up 27% from Rs 867.66 crore in FY24. Net loss narrowed sharply to Rs 139.62 crore in FY25, compared to Rs 341.51 crore in the previous fiscal year. (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Gulf Today
16-07-2025
- Health
- Gulf Today
Dubai to host The Majlis Collective: Global health exchange on September 15, 2025
Brand Activation Setup FZCO is pleased to announce The Majlis Collective: Global Health Exchange, an invitation-only forum to convene world leaders in healthcare, culture, and innovation. The event will take place on September 15, 2025, at Cloud Spaces Fountain View Dubai Mall, where high-level decision-makers and thought leaders will engage in meaningful discussions about women's health, cultural diplomacy, and international collaboration. This esteemed forum intends to be a venue for thought leaders and decision-makers to discuss and connect in purposefully productive ways that will change the future of women's health and global cooperation. The event's 100 carefully chosen participants will contribute to the highly curated and personal experience needed to have influential discussions and develop strategic relationships. Eager to make his first trip to the UAE, Prof. Dr. Jalid Sehouli, Director of the Department of Obstetrics and Gynecology at the well-respected Charité University Hospital in Berlin, will be one of the highlighted speakers. Prof. Sehouli is one of Europe's most recognized gynecologic oncologists, with decades of experience, as well as being an interdisciplinary thought leader who integrates and adds to medical science with cultural dialogue. His participation is an important component of the UAE's increasingly active role in the international network of global health experts. Also participating in the high-level dialogue will be H.E. Khalfan Al Matrooshi, Advisor at the Presidential Court of the UAE, and Prof. Dr. Murat Gültekin from Türkiye, a leading advocate for women's health and cancer prevention. They will help support important conversations around policy innovation, offering culturally appropriate care, and global discussions about women's well-being. Adding to the forum's distinguished lineup is Hashem Al-Ghaili, a renowned science communicator, filmmaker, and biotech innovator. Al-Ghaili is globally recognized for making complex scientific ideas accessible to the general public, and his work bridges science, technology, and innovation. His presence at the event will help spark vital conversations about the future of healthcare and biotechnology, especially in the context of education and public awareness. Karim Hassan, founder of Brand Activation Setup, highlighted the importance of the event in positioning Dubai on the global map. 'Dubai is the ideal bridge between East and West, where tradition and innovation meet to envision the future of healthcare and cultural understanding,' said Hassan. 'This will be a defining moment in global collaboration.' Set against the larger narrative of Dubai's transformation into a hub of innovation and hosted diplomacy, The Majlis Collective seeks to foster lasting cross-sector and cross-border partnerships. The nuanced event design, which couples time for intellectual engagement with cultural appreciation, distinguishes The Majlis Collective from traditional medical or policy events. As the world shifts toward integrative, collaborative approaches to health, The Majlis Collective: Global Health Exchange stands as a timely and innovative initiative. For more information and to request an invitation, visit their website: .
