To learn more about this transaction, visit Forbes’ Investor Relations.įorbes champions success by celebrating those who have made it, and those who aspire to make it. We look forward to bolstering Forbes’ Digital initiatives, as they evolve into a next level investment insights platform,” said Changpeng ‘CZ’ Zhao, Founder and CEO, Binance.Īs part of this transaction, Patrick Hillmann, Chief Communications Officer for Binance and Bill Chin, Head of Binance Labs, the Venture Capital Arm and Incubator of Binance, will join the Forbes Board of Directors upon the successful closing of the business combination transaction, expected this quarter. “As Web 3 and blockchain technologies move forward and the crypto market comes of age we know that media is an essential element to build widespread consumer understanding and education. Forbes, already a resource for people interested in the emerging world of digital assets, can become a true leader in the field with their help.” “With Binance’s investment in Forbes, we now have the experience, network and resources of the world’s leading crypto exchange and one of the world’s most successful blockchain innovators. “Forbes is committed to demystifying the complexities and providing helpful information about blockchain technologies and all emerging digital assets,” said Mike Federle, CEO, Forbes. With Binance assuming existing PIPE commitments, the overall size of the PIPE will remain at $400 million, and Binance’s investment will be according to substantially the same terms as the existing PIPE investors.
Send us feedback about these examples.Forbes and Magnum Opus earlier announced plans to pursue a business combination, expected to close Q1 of 2022, through which Forbes would become a publicly traded company on the New York Stock Exchange trading under the ticker symbol “FRBS.” Going public will enable Forbes to further capitalize on its successful digital transformation, using technology and data-driven insights to create more deeply engaged audiences, and associated high-quality and recurring revenue streams.īinance’s strategic investment will be through Binance’s assumption of subscription agreements representing $200 million of commitments in the $400 million private investment in public equity (“PIPE”) that was previously announced along with Forbes’ intention to go public via a business combination with Magnum Opus. These examples are programmatically compiled from various online sources to illustrate current usage of the word 'magnum opus.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
2023 Now Jones’s magnum opus has arrived in full. 2023 Romero's magnum opus finds the filmmaker in inimitable form, with all of the finest and most assured elements of his previous films congealing here into a delightful melange. Helena Andrews-dyer, Washington Post, 6 Feb. 2023 Beyoncé's magnum opus dropped in 2016 and announced itself immediately as her best work. 2021 French painter Jean Dubuffet’s magnum opus was made to be trampled all over. 2023 On the contrary, the first two chapters of his magnum opus, which was supposed to be entitled simply Natural Selection, became the two volumes of The Variation of Animals and Plants Under Domestication, and much of the rest of the material was readapted in the elaboration of his later works. 2023 General Relativity Einstein revolutionized our understanding of gravity with his magnum opus, the general theory of relativity. 2023 Yes, this does sound familiar, though keen, casual and/or incredibly stoned viewers will notice a few major differences from the iconic prologue that opens Williamson’s 1996 meta-horror magnum opus. Ruben Östlund, Los Angeles Times, 20 Feb. Recent Examples on the Web My thoughts are that the intensity, presence and performance will increase in proportion to the countdown of the takes, so that the last take could be a sensation, a magnum opus.
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