Workflow
Community Development
icon
Search documents
UPDATE ICIC Announces Board Chair Transition:
Globenewswire· 2026-01-13 19:29
Core Insights - The Initiative for a Competitive Inner City (ICIC) has announced a leadership transition with Jair K. Lynch elected as the new Chair of the Board, succeeding Ronald A. Homer who served for five years [1][2][5] Leadership Transition - Ronald A. Homer stepped down as Chair at the end of 2025 but will remain a member of the Board [1] - Jair K. Lynch becomes the third Board Chair in ICIC's history, following founder Michael E. Porter and Ronald Homer [2] Ronald A. Homer's Legacy - Ronald Homer has been involved with ICIC since its founding, playing a crucial role in its development into a nationally recognized organization [4] - His leadership has been pivotal in strengthening ICIC's research and expanding its programs during various economic phases [4][5] Jair K. Lynch's Background - Jair Lynch has been on the ICIC Board since 2017 and has over 30 years of experience in urban regeneration, managing more than $3.4 billion in assets [5][6] - He emphasizes the importance of walkable urban spaces and has a strong educational background in Civil Engineering and Urban Design from Stanford University [6] Future Direction - The Board's unanimous vote for Jair Lynch reflects confidence in his leadership as ICIC aims to advance research-driven solutions and support small businesses in under-resourced communities [7]
Autris Acquires BitCorp Capital - Substantially Bolstering Its Bitcoin Reserve Strategy and Undertakes 30 Million Dollar Capital Raise
Newsfile· 2025-09-24 12:55
Core Viewpoint - Autris has acquired 100% of BitCorp Capital to enhance its Bitcoin Treasury Strategy and plans to raise $30 million through a capital raise [2][12]. Group 1: Acquisition Details - The acquisition of BitCorp Capital aims to significantly expand Autris's Bitcoin Treasury Strategy [2]. - Autris issued 30 million Earn-Out shares to BitCorp's sellers, contingent on performance metrics related to net equity and capital raises [2]. - The acquisition brings in two significant new shareholders with expertise in Digital Assets and Capital Markets [3]. Group 2: New Leadership - Alexander D. Voss has been appointed as a Director and Chief Investment Officer (CIO) of Autris, overseeing the Bitcoin Treasury Strategy [7]. - Dr. Titus Gebel, another new significant shareholder, has extensive experience in capital markets and has co-founded companies with substantial market capitalizations [10]. Group 3: Strategic Insights - Dr. Gebel emphasized that a Bitcoin Reserve Strategy will enhance Autris's balance sheet, highlighting the importance of having a real business model for long-term success [12]. - Mr. Voss noted the partnership's focus on hard assets in an inflationary environment, aiming to grow Autris's treasury of Bitcoin and land [12]. Group 4: Financial Growth and Uplisting - Autris is experiencing substantial growth across all financial metrics and is committed to uplisting to a larger national exchange, such as NASDAQ or the New York Stock Exchange [13]. - The uplisting is expected to increase investor visibility, improve liquidity, and provide access to more capital [13]. Group 5: Company Vision - Autris is dedicated to promoting freedom and sustainability through the development of self-sustainable communities in Latin America and the Caribbean [15]. - The company has been accepting Bitcoin for its homes and communities since its inception, indicating a long-term commitment to integrating Bitcoin into its business model [14].