Archive for the ‘Second Amendment’ Category

AYTU BIOPHARMA, INC : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance…

Item 1.01 Entry into a Material Definitive Agreement.

On March 24, 2023, Aytu BioPharma, Inc. ("Aytu" or the "Company") entered intoan Amendment No. 4 (the "Eclipse Amendment") to Loan and Security Agreementdated October 2, 2019 (as amended by Amendment No. 1, dated March 19, 2021,Amendment No. 2, dated January 26, 2022, and Amendment No. 3, dated June 1,2022, the "Eclipse Agreement"), by and among Neos Therapeutics, Inc., NeosTherapeutics Brands, LLC, Neos Therapeutics, LP, Neos Therapeutics Commercial,LLC, PharmaFab Texas, LLC (collectively, the "Neos Obligors"), as borrowers,Aytu Therapeutics, LLC, Innovus Pharmaceuticals, Inc., Semprae Laboratories,Inc., Novalere, Inc., and Delta Prime Savings Club, Inc. (collectively withAytu, the "Aytu Obligors" and, together with the Neos Obligors, the "Obligors"),as obligors, Eclipse Business Capital LLC (f/k/a Encina Business Credit, LLC),as agent, and the lenders party thereto (agent and such lenders, collectively,the "Eclipse Lender").

The Eclipse Amendment, among other things, provided for an aggregate increase of$2,000,000 to the Eclipse Lender's commitment to make revolving loans from timeto time to the Neos Obligors, resulting in an aggregate revolving facility sizeof $14,500,000 (such facility, the "Eclipse Facility"). The ability of the NeosObligors to make borrowings and obtain advances of revolving loans under theEclipse Facility remains subject to a borrowing base and reserve andavailability blockage requirements.

The foregoing description of the Eclipse Amendment is not complete and isqualified in its entirety by reference to the Eclipse Amendment, which Aytuintends to file with its upcoming Quarterly Report on Form 10-Q. The originalterms of the Eclipse Agreement and previous amendments were previously disclosedon Neos Therapeutics, Inc.'s Current Report on Form 8-K filed with theSecurities and Exchange Commission ("SEC") on October 3, 2019; the Company'sCurrent Report on Form 8-K filed with the SEC on March 22, 2021 ; andCompany's Current Report on Form 8-K filed with the SEC on January 31, 2022 ,which are incorporated by reference herein.

In connection with the Eclipse Amendment, on March 24, 2023, the Obligorsentered into the Second Amendment to Loan Documents (the "Avenue Amendment")amending that certain Loan and Security Agreement dated January 26, 2022 (asamended by the First Amendment, dated October 25, 2022, the "Avenue Agreement"),by and among the Obligors, Avenue Venture Opportunities Fund II, L.P. and AvenueVenture Opportunities Fund II, L.P., as lenders (the "Avenue Capital Lenders"),and Avenue Capital Management II, L.P., as administrative agent (the "AvenueCapital Agent").

The Avenue Amendment, among other things, permitted the increase in revolvingloan commitment provided by the Eclipse Lender under the Eclipse Facility asprovided for in the Eclipse Amendment.

The foregoing description of the Avenue Amendment is not complete and isqualified in its entirety by reference to the Avenue Amendment, which Aytuintends to file with its upcoming Quarterly Report on Form 10-Q. The originalterms of the Avenue Agreement were previously disclosed on the Company's CurrentReport on Form 8-K filed with the SEC on January 31, 2022 , which isincorporated by reference herein.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under anOff-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 of this Current Report on Form 8-K isincorporated herein by reference.

Edgar Online, source Glimpses

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AYTU BIOPHARMA, INC : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance...

MIGOP receives national condemnation after tweet comparing gun bills to Holocaust – WWMT-TV

MIGOP receives national condemnation after tweet comparing gun bills to Holocaust

A tweet from the Michigan GOP is getting some criticism from both Republicans and Democrats in Michigan, relating to guns and the history of the second amendment. March 22, 2023. (Courtesy: Twitter/@MIGOP)

Michigan's Republican Party is receiving widespread condemnation, including by many within the party, after a tweet Wednesday morning that compared the collection of wedding rings during the Holocaust to gun control bills currently making progress in the state's legislature.

The Michigan Republican Party's officialTwitter account shared a statement Wednesday morning just before 8:30 a.m. reading "#History has shown us that the first thing a government does when it wants total control over its people is to disarm them. President Reagan once stated, 'if we lose #freedom here, there is nowhere else to escape to. This is the last stand on Earth.'"

Attached to the tweet is a picture of hand reaching into a box of rings, with a caption reading: "Before they collected all these wedding rings... they collected all the guns."

The photograph of the wedding rings is a snapshot from May 1945, when the rings were found near Buchenwald concentration camp in Germany, according to the United States Holocaust Memorial Museum. Nazis would remove valuable pieces of jewelry or metals from their victims for salvage, according to the Holocaust Encyclopedia.

The tweet quickly received pushback on social media, with users demanding it be removed over its insensitivity.

During a Wednesday evening press conference in Macomb Co. to address the tweet, MIGOP Chair Kristina Karamo stood by the tweet, which she said was posted by a "social media team," saying she would not take the message offline.

Karamo was selected to become chair of the Michigan Republican Party by Republican precinct delegates in mid-February. Previously a community college educator, Karamo joined the political sphere for the first time formally when she ran against Democrat Jocelyn Benson in the 2022 race for Secretary of State. Karamo, who was endorsed by former President Donald Trump in that election, lost to Benson by nearly 13 points but never conceded.

The Michigan Democratic Twitter account responded by saying: "This vile rhetoric should have no place in our politics. The @MIGOP must apologize and take down this disgusting tweet."

The Allegan County Democratic Twitter account disagreed with the MIGOP's tweet by mirroring the Michigan Democratic response and adding "This vile rhetoric from @MIGOP and their Chair @KristinaKaramo has no place in our politics. Shame on the Michigan GOP for sinking to another all-time low. #DoBetter"

Chairwoman of the Michigan Republican Party, Kristina Karamo, stands by the tweet by saying "We will not be silent as the Democratic Party, the party who fought to enslave Black Americans, and currently fights to murder unborn children, attempt to disarm us."

"Our 2nd Amendment was put in place to protect us from aspiring tyrants. MIGOP stands by our statement," Karamo adds.

The rest of the tweet can be found here.

These responses by the Michigan Republican Party come almost a week after the Michigan Senate passed an 11-bill gun safety package whichwould put in place a number of gun restrictions aimed at reducing gun violence, including safe gun storage requirements, and universal background checks.

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MIGOP receives national condemnation after tweet comparing gun bills to Holocaust - WWMT-TV

Oregon renters, landlords testify on bill that would increase rent control – KATU

SALEM, Ore.

Dozens of tenants and landlords associations showed up Monday to testify for and against a bill that would adjust the state's rent cap laws.

Oregon's rent cap laws, passed in 2019, allow landlords to increase rent up to 7% plus the annual Consumer Price Index (CPI), which adjusts with inflation.

The CPI for 2023 was set at 7.6%. When added to the base of 7% it comes out to a total allowed rent increase of 14.6%, meaning renters who were paying, for example, $1,600 a month in rent last year could be seeing their monthly rent go up to $1,830 in 2023.

If passed, Senate Bill 611 would change the base amount to 3% plus CPI with an max increase of 8% regardless of inflation.

"I think every single member of the Legislature has heard from their constituents about the housing affordability crisis that Oregonians are facing, and I think that we all agree that something has to be done," said the bill's sponsor Sen. Wlnsvey Campos, D-Aloha.

The bill would also require the landlord to pay the tenant three months' worth of rent if serving them with a no-cause eviction.

Currently, newer homes, with certificates of occupancy issued in the past 15 years, are exempt from Oregon's rent caps. This bill would change that to buildings with certificates of occupancy issued in the last three years.

Campos noted that in an attempt to strike a compromise with landlords she and Sen. Kayse Jama, D-Portland, drafted two amendments to the bill.

"I cannot accurately say that we have brought forth a compromise, but what I can say is that we have taken into account feedback from a number of different stakeholders," she said. "We also wanted to take into account the folks that are providing housing."

Oregon renters, landlords testify on bill that would increase rent control (KATU - 5 PM)

The first amendment would change the base cap from 7% plus CPI to 5% plus CPI with a max of 10% regardless of inflation. It would only require two months rent reimbursement for nonpayment evictions and would exempt properties with first certificates of occupancy issued within the last 10 years.

The second amendment calls for the same modifications as the first but also keeps the exemption at its current 15-yearcertificate of occupancy requirement.

Neither landlords nor tenant groups supported the amendments, with landlords saying they are unable to get on board with any portion of this bill and tenants complaining that much of the "predatory rent increases" they experience are in units that have been occupied for fewer than 15 years.

"I am voicing my support for the original SB 611 rent stabilization bill. I am a resident atCannery Row Apartments in Sherwood and in addition to being a wife and a mother to a small child," said Jessica Israel. "I am currently fighting cancer and my husband was permanently injured as an essential worker during the pandemic. But now I am also fighting a predatory rent increase of 32 to 50%."

Israel notes that her home is less than 15 years old, and if the dash-two amendment passes, the bill would not help people in her situation.

Sybil Hebb, an attorney with the Oregon Law Center and a lobbyist for tenant groups pointed out that the dash-one amendment would bring the rent cap in line with what it is in California but noted that California lawmakers are considering readjusting their rent cap as well because of the impacts of inflation.

Landlords told lawmakers that they will not support any bill that would decrease the allowed rent cap and said they believe the solution is to pay out more in rent assistance and build more housing.

"If I was going to use a common phrase for what I feel like is happening right now is would be biting the hand that feeds you and the hand being landlords," saidKennedy Amundson, who owns a property management company. "Oregon needs investors and landlords alike to not only have a desire to be here but to develop rental housing in Oregon; they need to be able to continue to own and manage their existing rental here."

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Oregon renters, landlords testify on bill that would increase rent control - KATU

Over 40,000 Guns Stolen from Unlocked Cars in 2020 – Jalopnik

We dont meant to kick off your work week with a scolding via public service announcement but please, dont leave your guns unsecured in your cars. If you do, they may not be your guns for very long.

Guns stolen from cars are now the largest source of stolen guns in America, the New York Times reports based on an analysis of Federal Bureau of Investigation data by the gun control group Everytown For Gun Safety. Thieves will sweep through neighborhoods, parking lots and garages, particularly during sport events and concerts, when drivers from the suburbs park in urban areas for long periods or vehicles that proudly display their support for the second amendment via stickers and decals. Perhaps the most ironic fad in the last few years are stickers reading molon labe which means come and take them in ancient Greek.

A bipartisan group of Tennessee lawmakers introduced a bill that would, rather meekly, address the problem after years of record gun thefts. But even a simple law requiring gun owners to store their weapons in a locked box in their cars, and receive nothing more than a court-ordered gun safety class for ignoring the law, is receiving staunch pushback, from NYT:

...some experts say widespread adoption of the boxes may require a dramatic cultural change akin to the revolution in seatbelt use. And it may prove to be even more polarizing than seatbelts ever were. The National Rifle Association and other gun-rights advocates believe car lockbox mandates to be an onerous burden a reflection of how the avalanche of guns is creating new sources of conflict.

Many lockboxes are relatively cheap. Simple versions that can attach to the underside of a car seat with a cable can be found for about $40, and some cities have even begun developing programs to give them away. In Houston, where more than 4,400 guns were stolen from cars last year, the police have given away roughly 700 such boxes this year, according to Houston Police Sgt. Tracy Hicks, and have plans to give away 6,300 more.

Some skeptics doubt even widespread use of the boxes would make much of a dent in gun violence in a nation with more than 400 million firearms in circulation. Its like peeing in the Gulf of Mexico, said Peter Scharf, a criminologist at the Louisiana State University School of Medicine in New Orleans, which had one of the nations highest homicide rates in 2022.

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With Memphis leading the country in gun car thefts and Nashville not terribly behind in 15th place. Gun thefts have skyrocketed in Nashville over the last decade, from 152 thefts in 2012 to 1,378 in 2020. Tennessee is particularly focused on promoting safe gun storage. Though to be fair to Tennessee, only 15 states require thereporting of lost or stolen guns, so there is no clear picture on just how widespread the problem really is. Predictably, groups like the NRA are against these safety proposals, which they say will make gun owners wary of reporting a gun theft for fear of reprisal.

Representative John Gillespie, a Memphis Republican who co-sponsored Mr. Hemmers bill, was frustrated by such arguments. Im more than willing to increase the penalties for people stealing a gun, he said. But are we really that burdened by asking someone to properly lock up their gun in a vehicle so it cant be stolen?

Its not just guns in cars that are on the rise. The Transportation Security Administration if finding more guns than every in carry-on luggagemany of them loaded. You can read the entire New York Times report here.

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Over 40,000 Guns Stolen from Unlocked Cars in 2020 - Jalopnik

Missouri legislation seeks to allow guns in places of worship … – Missouri Independent

Missouri Republicans are making a push to allow firearms to be carried inside religious establishments and lessen restrictions on access to firearms.

House Bill 485, heard in the House Emerging Issues Committee Wednesday evening, would override existing Missouri law that restricts the possession of a concealed carry firearm in places of worship without consent or knowledge of persons in charge.

Rep. Ben Baker, R-Neosho, is sponsoring the bill, which he said the purpose of the bill is to ensure Missourians constitutional right to carry firearms when attending places of worship.

Private property rights would still stand, and if religious organizations want to not allow firearms in their spaces they may still choose to do so by posting signage outside, under the bill. Opponents questioned if that would put them at further risk.

William Bland spoke in support of the bill, stating that mass shootings in churches are real and would allow other concealed carry permit holders to strengthen the force against them.

By granting permission, the church is exposed to liability in the event of a CCW permit holder is involved in an unfortunate event involving the firearm even if that action is justified, Bland said. He said that removing the restriction of firearms would keep the church from being liable.

JT Young, a pastor at Concord Trinity United Methodist Church and also a member of Moms Demand Action, said that this bill would force guns inside of worship spaces.

In addition to preaching and counseling and presiding over funerals and weddings, I would have to spend time developing active shooter plans, Young said.

Another set of bills were also discussed that would disregard any federal statute that would enforce a red flag gun law, designed to have a court take weapons from someone considered to be dangerous.

Both House Bill 712 and House Bill 701 disallows any use of federal money to seize firearms in the event that a federal order comes down restricting firearm access. HB 712 Bill Sponsor Bill Hardwick, R-Waynesville, said that both bills are similar, but do have differences between them.

Students and staff from Central Visual and Performing Arts High School spoke against the three bills. On Oct. 24, 2022, a former student entered the building and began firing his AR-15 style rifle. Two individuals and the shooter were killed and seven others were injured.

Kristie Faulstich, teacher at CVPAHS and an Army veteran, started off her public testimony telling the committee that shooter Orlando Harris had told a staff member he was suicidal. Faulstich said that a red-flag law would have saved the lives of three people, including Harris.

Chloe Ong, senior at Collegiate School of Medicine and Bioscience, which shares a building with CVPAHS, was present at school the day of the shooting.

Orlando Harris, if a red flag law would have existed, would not have had the gun that he used to commit these crimes, Ong said.

Ron Calzone, from Missouri First, said that red-flag laws have the potential for guns to be taken away from women who are experiencing abuse.

You will see red-flag laws weaponized against people, Calzone said. He went on to say that if a woman who owns a firearm for protection, had their partner claim they were not fit to possess it, would lose their protection from their gun via a red flag law.

According to the bill summary, confiscating any firearm, firearm accessory or ammunition from law-abiding citizens is considered an infringement on the right to bear arms provided by the Second Amendment.

Red flag laws allow people to petition to a court to have an individuals firearms confiscated from them if they pose a threat to themselves or others. Currently, there are no red- gun laws in place in Missouri. Moms Demand Action leader Kristin Bowen said these bills would make it difficult for Missouri to enact laws restricting gun access for those who are considered a danger to themselves and others.

Hardwick said anti-red flag laws are in place in order to ensure due process for Missouri citizens.

Someone who hasnt done anything wrong could have their rights taken away, Hardwick said. He added he doesnt think it is just protecting the Second Amendment, but also the First and Fourth Amendments.

In so furiously protecting the Second Amendment, we are putting folks at risk, responded Rep. Ashley Aune, D-Kansas City.

Earlier this month, a federal judge struck down a state law, passed in 2021 as House Bill 85, which fined officers who knowingly enforce federal bans on firearms $50,000. Missouri Attorney General Andrew Bailey promised an appeal.

This story originally appeared in the Columbia Missourian. It can be republished in print or online.

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Missouri legislation seeks to allow guns in places of worship ... - Missouri Independent