Fueling the success of Black, Latinx, and women entrepreneurs by investing in CAST US is a powerful opportunity to fight racial injustice and build a more equitable future in Chicago, said John Palfrey, president of the John D. and Catherine T. MacArthur Foundation,which is supporting a $10 million investment in CAST US through its Benefit Chicago collaboration withThe Chicago Community Trust, Calvert Impact Capital, and other impact investors. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. A detour will be in place with ample signs routing traffic around the work area. Founded by Don Thompson, the former President and CEO of McDonalds Corporation, Cleveland Avenue is a Chicago-based venture capital firm that invests in lifestyle consumer brands and technology companies that positively disrupt large and growing market. Starting on April 2023 and continuing through May of 2023, crews will resume construction from Little Hickory working their way north to Esplanade Drive. Since the summer of 2019, Cleveland Avenue, State Treasurer Michael Frerichs, and State Chief Investment Officer Rodrigo Garcia have been in strategic discussions on connecting underrepresented entrepreneurs in under-invested areas in Chicago with capital and business support resources. These documents (when they are available) can also be obtained free of charge from Ventoux upon written request at Ventoux CCM Acquisition Corp., 1 East Putnam Avenue, Floor 4, Greenwich, CT 06830. New York (July 26, 2022) Ventoux CCM Acquisition Corp. (Ventoux) (NASDAQ: VTAQ) and Presto today announced revised merger deal terms resulting in a $60 million equity investment alongside approximately $40 million expected from other sources, including $13 million held in Ventouxs trust account assuming no redemptions, into their previously announced business combination which will result in Presto becoming a publicly traded company. The detour and one-way road on Imperial Shores Blvd. The projected start date is January 30, 2023. Intermittent lane closures can be expected with variable message board on approach to notify drivers. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT OF 20 MPH. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. About Cleveland Avenue, LLC. ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. Periodic lane closures will occur during the dates provided and as described for travel lanes between 9:00 PM to 6:00 AM nightly, Monday through Sunday. Types of diversity represented in an organization, specifically of those who are founding members, currently the CEO, or have check-writing abilities in an investment firm. It will be necessary to close the roadway in small sections and detour traffic around the work area. 12, or email at neil@andrewsitework.com. In addition to factors previously disclosed or that will be disclosed in Ventouxs reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement or could otherwise cause the transactions contemplated therein to fail to close; (2) the outcome of any legal proceedings that may be instituted against Ventoux, Presto, the Company or others following the announcement of the proposed business combination and any definitive agreements with respect thereto; (3) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of Ventoux or Presto; (4) the inability of Presto to satisfy other conditions to closing; (5) changes to the proposed structure of the proposed business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed business combination; (6) the ability to meet stock exchange listing standards in connection with and following the consummation of the proposed business combination; (7) the risk that the proposed business combination disrupts current plans and operations of Presto as a result of the announcement and consummation of the proposed business combination; (8) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, grow its customer base, maintain relationships with customers and suppliers and retain its management and key employees; (9) the impact of the COVID-19 pandemic on the business of Presto and the Company (including the effects of the ongoing global supply chain shortage); (10) Prestos limited operating history and history of net losses; (11) Prestos customer concentration and reliance on a limited number of key technology providers and payment processors facilitating payments to and by Prestos customers; (12) costs related to proposed business combination; (13) changes in applicable laws or regulations; (14) the possibility that Presto or the Company may be adversely affected by other economic, business, regulatory, and/or competitive factors; (15) Prestos estimates of expenses and profitability; (16) the evolution of the markets in which Presto competes; (17) the ability of Presto to implement its strategic initiatives and continue to innovate its existing products; (18) the ability of Presto to adhere to legal requirements with respect to the protection of personal data and privacy laws; (19) cybersecurity risks, data loss and other breaches of Prestos network security and the disclosure of personal information; and (20) the risk of regulatory lawsuits or proceedings relating to Prestos products or services. Venture Capitalists (VC) play an important role in the startup ecosystem. Phone Number 312.383.6700. This feature is in beta and may change with future updates. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. The Treasurers Office predates Illinois incorporation in 1818. Alico Road Lighting and Landscaping Fort Myers (Lee County #9269): Bentley Lighting and P&T landscaping crews will be on site throughout the project along Alico Road from Ben Hill Griffin Parkway to just east of ITEC, beginning July 26, 2022, until Wednesday, February 24, 2023. The expected project completion is late 2023. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family foundations, and prominent financial institutions have come together to support a more inclusive venture capital ecosystem and more directly impact Black, Latinx, and women entrepreneurs in Chicago through the CAST US initiative. Cleveland Avenue General Information. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. Flaggers will assist motorists when necessary. Where the organization is headquartered (e.g. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. . Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. Cleveland Avenue has made 43 investments. Northbound Bell Blvd. Lane closures will start at 7:00 PM and will end by 5:00 AM daily until complete with section of job. Work will consist of new water main on the west side of Imperial Shores followed by new drainage pipe & structures, sidewalks, curb & gutter, roadway rebuilding on the east side of Imperial Shores. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. Copyright 2023. current Chief Financial Officer, Chief Investment Officer, Keith Kravcik, CBI websites generally use certain cookies to enable better interactions with. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. For questions, please contact Kris Cella at (239) 337-1071. Information about Ventouxs directors and executive officers and their ownership of Ventouxs securities is set forth in filings with the SEC, including Ventouxs annual report on Form 10-K filed with the SEC on February 23, 2022. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Not only do they know the industry inside out, they share our vision for transforming physical industries with advanced digital automation, said Rajat Suri, Founder and CEO of Presto. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. Completion of SOD & Striping/Signage will occur between Wednesday, March 1, 2023 and Friday, March 17, 2023 for all improvements. Work is expected to be completed by the week of March 6, 2023. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. The projected end date is April 30, 2023. CORKSCREW ROAD (ROW2021-00003): Mastec will be working on the power line along the east bound lane of Corkscrew Road, approximately 100 ft east of Three Oaks Parkway, and will require an eastbound lane closure starting on Monday, January 30, 2023 and pole will be completed by Friday, February 10, 2023. Motorists will be guided to stop short of the stop bars when leaving these communities to provide space for the trucks to back in along the roadway and deliver limerock to build the road. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Area Wide Protective will be providing MOT services. Weather may affect start times and dates. For further information, please contact Eli Enders at (239) 433-3000. We want to prove that investing in and supporting Black, Latinx, and women entrepreneurs seeking venture capital support is a very solid growth strategy, said Don Thompson, Founder of Cleveland Avenue. A unique team of food and beverage specialists who drive concept growth. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Aquinas Early, on behalf of Cleveland Avenue |aearly@explorefcg.com| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |aramirez@explorefcg.com|. Learn more. Motorists should expect intermittent Northbound and Southbound Lane closures during nighttime/overnight hours, weather permitting. This work will be performed under a One Lane Road Operation. Sidewalk closure at Crystal Drive and 12270 Metro Parkway Founded by Don and Liz Thompson, Cleveland Avenue (CA) is a privately-held venture capital firm that invests in, builds and extends brands across a range of companies, industries and . Then continue east to Austin Street and west under US 41 to the north side of Brantley Road and tie into a connection point between Pine Grove and Brantley Pines driveways. Cleveland Avenue has tremendous experience investing in innovative food and technology brands and restaurant operation platforms with an impressive portfolio that includes Beyond Meat, Footprint and Farmers Fridge. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Copyright 2023 Cleveland Avenue, LLC. The project will be constructed in three segments. Flaggers will be in place directing traffic around the work area on the east side of Imperial Shores. It is a venture capital firm and startup accelerator that is headquartered in, Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in. (970) 948-9787. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. Cleveland Avenue | 4,571 followers on LinkedIn. The roadway north and south of the work area will be open to two-way traffic. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Area Wide Protective will be providing MOT services. Active, Closed, This describes the type of investor this organization is (e.g. Materials and information on this website are proprietary in nature belonging to Cleveland Avenue and may only be reproduced in their entirety (without modification) for the individual reader's personal or educational use and must include this notice of our proprietary interest and the prohibition of reproduction.
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