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Trump's $100K H-1B Fee: 'Early Teams Can't Swallow That Tax' CEO Says As Startups Brace For Impact
Yahoo Finance· 2025-09-26 02:01
President Donald Trump's decision to attach a $100,000 fee to H-1B visa applications stunned the technology last week after the decision, with startups warning that the cost could cripple early-stage teams while shifting talent pipelines to Canada and the U.K. White House press secretary Karoline Leavitt later clarified that the fee took effect with the proclamation but applies only to new petitions starting with the next lottery cycle, not to current visa holders or renewals. She added that existing H-1 ...
CANPR Technology Ltd. Announces Director Nominations for Upcoming Shareholder Meeting, Adoption of Advance Notice By-Law
Newsfile· 2025-09-19 10:39
Core Points - CANPR Technology Ltd. will hold its annual general and special meeting of shareholders on October 24, 2025, at 11:00 a.m. Toronto time [1] - The board has nominated three incumbents and three new nominees for election as directors, while two current directors will not seek re-election [2] - The company has adopted an Advance Notice By-law to ensure shareholders receive adequate notice regarding director nominations [10][11] Company Updates - The nominated incumbents are Stephen Smith, Dexter John, and Akshat Soni, while the new nominees are Travis Kanellos, Jay Wilgar, and Ungad Chadda [2] - Ted Hastings and Uppekha Jain will not be seeking re-election, and the company appreciates their contributions [3] - Akshat Soni, CEO, expressed excitement about the new nominees, highlighting their expertise in scaling platforms and governance [3] New Board Members' Profiles - Travis Kanellos has over 16 years of experience in technology, cannabis, and vertical farming, co-founding CanPR Technology Inc. and achieving over 1 million app downloads [4][5] - Jay Wilgar was the founder and CEO of Newstrike Brands Ltd., overseeing its growth and acquisition for over $300 million [6][8] - Ungad Chadda has extensive experience in capital markets and has held senior roles at TMX Group, contributing to various public company boards [9] By-Law Details - The Advance Notice By-law requires shareholders to provide notice for director nominations 30 days before an annual meeting or 10 days after a public announcement if less than 60 days' notice is given [11] - The By-law takes effect immediately but requires shareholder ratification at the upcoming meeting [12] Company Overview - CanPR Technology Ltd. is a leader in Canadian immigration administration, providing digital solutions to simplify the newcomer journey [13]