Core Insights - Captivision Inc. has partnered with Mohegan to install a dynamic media glass façade at the Mohegan INSPIRE Entertainment Resort in South Korea, marking a significant collaboration in the hospitality and entertainment sector [1][3][4] - The transparent media glass façade enhances the architectural design of the resort, providing advanced display capabilities that enrich the guest experience and create a captivating visual environment [2][4][5] Company Overview - Captivision is a pioneering manufacturer of architectural media glass, integrating IT building materials with architectural glass for various applications, including entertainment and marketing [6] - The company has implemented its media glass solutions in numerous global locations, including sports stadiums, casinos, hotels, and airports, establishing itself as a solution provider across the LED product spectrum [7] Industry Impact - The installation at Mohegan INSPIRE represents a milestone in the convergence of art, architecture, and technology within the hospitality industry, setting a new standard for visual experiences in urban landscapes [5] - The collaboration aims to redefine digital engagement in hospitality and entertainment environments, showcasing the potential of advanced display technology in enhancing guest interactions [4][5]

Company Overview - DDC Enterprise, Ltd. (NYSEAM: DDC), known as DayDayCook, is a leading content-driven food consumer brand focused on sharing Asian cooking culture globally [5][9] - The company offers a range of accessible and healthy ready-to-eat, ready-to-cook, and ready-to-heat products, catering to a global palate [9] - DayDayCook has evolved from a culinary content authority to a multi-brand powerhouse, with a portfolio that includes brands like Nona Lim, Yai's Thai, Omsom, MengWei, and Yujia Weng [9] Leadership Appointment - Ms. Betty Liu has been appointed as a member of the Advisory Board of DayDayCook, bringing extensive experience in content, direct-to-consumer brands, and business leadership [5][6] - Liu's background includes serving as the Executive Vice Chairman of the New York Stock Exchange and founding the Special Purpose Acquisition Company, D and Z Media Acquisition Corp. [6] - Liu's expertise will guide DayDayCook's strategic initiatives and growth, particularly in the North American market [5][9] Market Position - Asian cuisine is identified as one of the fastest-growing food categories in North America, especially popular among Gen-Z and millennials [9] - DayDayCook aims to capitalize on this trend by expanding its brand presence and product offerings in North America and beyond [9]

Corporate Governance - The board of directors currently consists of seven members, with staggered terms expiring in 2024, 2025, and 2026[1182][1198]. - The company intends to rely on Cayman Islands corporate governance practices instead of Nasdaq rules, particularly regarding proxy solicitation[1183]. - The board of directors has determined that five out of seven directors qualify as independent under Nasdaq standards[1202]. - The board of directors has determined that both Michael Berman and Craig Hatkoff are audit committee financial experts as defined by SEC rules[1236]. - The company has established procedures for the receipt and treatment of complaints regarding accounting and auditing matters[1231]. - The company has a governance structure in place to oversee the performance and compensation of its Principal Executive Officer[1230]. Compensation Policies - The company adopted an Executive Compensation Recovery Policy on December 21, 2023, to recover incentive-based compensation in case of financial restatements[1195]. - The company has established a Clawback Policy in compliance with new Nasdaq listing standards to recover erroneously awarded compensation[1195]. - The company intends to follow home country practices regarding equity compensation arrangements as permitted by Cayman Islands law[1233]. - The company is authorized to issue securities without shareholder approval in accordance with its articles of association[1233]. Financial Obligations - As of December 31, 2023, Captivision Korea had an outstanding credit agreement of $96,382, equivalent to W88,195,396, including accrued interest[1217]. - G-SMATT Europe had an aggregate outstanding loan of $1,273,324, equivalent to £1,004,000, as of December 31, 2023, which is overdue[1220]. - The company has entered into multiple loan agreements with G-SMATT Europe, with an aggregate outstanding amount of $220,695.22 as of December 31, 2023[1219]. Risk Management - The company is not subject to selective disclosure rules under Regulation Fair Disclosure as a foreign private issuer[1201]. - The company has a significant international presence, which exposes it to currency exchange rate risks that could adversely impact revenue, expenses, margins, and profit[834]. - Management performs ongoing credit evaluations of customers' financial conditions, maintaining an allowance for credit losses based on expected collectibility of trade receivables[836]. - Inflationary conditions throughout 2023 have materially impacted the global economy, particularly affecting the construction industry where the company's main clients are located[836]. - The company did not use any derivative financial instruments to hedge certain risk exposures, focusing instead on minimizing potential adverse effects on financial performance[833]. - The maximum credit risk exposure is represented by all financial assets recognized in the financial statements, primarily related to trade and other receivables[836]. Business Agreements - The Captivision Korea Support Agreement was executed to facilitate the Business Combination Agreement, with former shareholders agreeing to vote in favor of the transaction[1214].

MIAMI and SEOUL, April 24, 2024 (GLOBE NEWSWIRE) -- Captivision Inc. (NASDAQ:CAPT), a pioneer and manufacturer of architectural media glass, today announced its collaboration with Activision's Call of Duty: Mobile and Framework for the recent installation at the Framework in the Desert afterparty in Coachella Valley. Through this collaboration, Captivision delivered a unique media glass installation over the course of the festival. The collaboration marked the inception of a new area of strategic focus for ...

MIAMI and SEOUL, South Korea, April 08, 2024 (GLOBE NEWSWIRE) -- Captivision Inc. (NASDAQ:CAPT), a pioneer and exclusive manufacturer of architectural media glass, announces a partnership with Framework and a prominent entertainment and streaming service partner to bring an immersive experience to the Framework in the Desert afterparty in Coachella Valley during the upcoming festival weekend. Captivision will deliver a unique media glass installation over three nights from Friday, April 12 through Sunday, A ...