cleveland avenue venture capital

cleveland avenue venture capital

The revised merger terms reflect a pre-money valuation for Presto of $525 million. Sidewalk closure at Crystal Drive and 12270 Metro Parkway: Continued sidewalk closure approximately 100, February 6 through February 10, 2023 Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. This list is designed to show off the investors with exceptional track records, industry experience and a . Get the full list, Youre viewing 5 of 241 co-investor. Cleveland Avenue has 1 fund, including Cleveland Avenue State Treasurers Urban Success Fund. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. Area Wide Protective will be providing MOT services. Continued sidewalk closure approximately 100, February 20 through February 25, 2023 Established in 2016, Cleveland Clinic Ventures is a corporate venture capital firm headquartered in Cleveland, Ohio. That same guidance has also inspired the formation of M7 Holdings, a family investment office that brings together Manna's work in private equity, venture capital and real estate development plus a charitable foundation that's in the works under one . Copyright 2023 CB Information Services, Inc. All rights reserved. Cleveland Avenue, a food innovation-focused venture capital firm from former McDonald's CEO Don Thompson, has launched a new $70 million fund that will invest in Chicago companies owned by Black . The curb/sidewalk demo for the entrance to Logistics Drive, between Lee Road and Domestic Avenue off Alico Road will occur between Monday, February 6, 2023 and Tuesday, February 28, 2023 and affect the outside travel The projected end date is April 30, 2023. Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in New York City, New York), and Somrus (a line of Indian flavoured liqueurs). Starting Sunday, January 15, 2023, these 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. Area Wide Protective will be providing MOT services. investor@presto.com, Brock Strasbourger Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. CHICAGO, IL (March 3, 2021)- Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicagos South and West Side neighborhoods. Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. The work to complete this change will include installation of Qwick Curb along the centerline of Westgate Boulevard, as well as signing and pavement marking modifications, as needed, to restrict the eastbound and westbound movements to only right turns in and out at the intersection. Cleveland Avenue has made 43 investments. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Real Times Media. We have curated a list of the top Cleveland Venture Capitalists (VC). It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. Phone Number 312.383.6700. Return to Cleveland Avenue Site. For further information, please contact paving@leegov.com. Crews continue work on the 10-foot-high fence that will be used to funnel the wildlife to cross safely under Corkscrew Road. Alico Road (ROW2022-01108): Mastec will be setting a pole on Alico Road just east of Oriole Road and west of Three Oaks Parkway. Lee County DOT will be performing lane maintenance through toll plaza. All information set forth herein speaks only as of the date hereof in the case of information about Ventoux and Presto or the date of such information in the case of information from persons other than Ventoux and Presto, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. 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. Rajul Misra & Brian Ruby The projected start date is February 9, 2023. 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. . Westgate Blvd Beginning 7 a.m. through 5 p.m. Monday February 20 through Saturday February 25, 2023, crews will close sidewalks and driveways for water main crossing. Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the . Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. About Cleveland Avenue, LLC. Acceleration Services A unique team of food and beverage specialists who drive concept growth. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Together, we are creating an ecosystem of business development that will make Illinois a hub of innovation with a diverse and talented group of entrepreneurs, Frerichs said. Estimated completion is late 2023. . This project consists of widening Burnt Store Road to four lanes. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. All Rights Reserved. Learn more. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. At the end of February 2023, crews with then open the roadway to two-way traffic while they install drainage pipe and make improvements from Gary Road south to near Bonita Beach Road. Call (844) 417-2688 with any questions. Crews will work on the west side of the road initially and when that work is completed, they will shift to the east side of Cleveland Avenue/US 41. The Village of Estero has begun construction on the shared use path on the south side of the road from Ben Hill Griffin Parkway to Stoneybrook Golf Drive. 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. For further information, please contact John Dalton at (239) 898-7853. The said section of road will be subject to a lane closures with flaggers beginning November 28, 2022 through March 31, 2023 from 7:00 PM through 6:00 AM. The firm prefers to invest in food tech, restaurant, and technology sectors. Work will be done between the hours of 8:00 PM 4:00 AM. 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. Crews will work on the west side of the road initially and when that work is completed, they will shift to the east side of Cleveland Avenue/US 41. Please be aware of the advanced warning signs in these areas. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . Your communication with us through this website is not privileged or confidential, unless a client relationship has otherwise been established between us and such communication is protected under applicable law. Established by Illinois Treasurer Frerichs, the Illinois Growth and Innovation Fund (ILGIF) is an evergreen, $1 billion impact investment fund that will invest in ways to attract, assist and retain quality technology-enabled businesses in Illinois. Please contact 239-936-9444 with any questions or concerns. Cleveland Avenue acquired 1 company. By having a diverse team of business experts and like-minded financial partners, Cleveland Avenue is uniquely positioned to support talented and capable entrepreneurs who have been in the waiting room anxiously seeking their opportunity to grow their businesses., Andrea Zopp has joined Cleveland Avenue as Managing Partner to lead the CAST US initiative. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. The fund invests in companies across the food and beverages and TMT sectors. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem, with 40% of its committed capital invested with venture capital firms led by women and people of color. Frerichs office protects consumers by safeguarding more than $3.5 billion in unclaimed property, encouraging savings plans for college or trade school, increasing financial education among all ages, assisting people with disabilities save without losing government benefits, and removing barriers to a secure retirement. 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. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. The information is general in nature and does not constitute advice. A detour will be in place with ample signs routing traffic around the work area. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. 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. Together, we are creating an ecosystem of business development that will make Illinois a hub of innovation with a diverse and talented group of entrepreneurs, Frerichs said. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. By continuing to use this site you are consenting to these choices. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Starting on February 1, 2023/February 3, 2023, there will be a two-lane closure on the eastbound middle and righthand lane on Alico Road. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Bonita Beach Road, Bonita Springs (ROW2021-00508): Irby Construction will be replacing poles down Bonita Beach Rd for Florida Power and Light beginning February 6, 2023 through March 6, 2023. Starting on January 9, 2023, and continuing through the end of February 2023, Imperial Shores Boulevard will be closed between Gary Road and Pine Lake Road while crews install two (2) large drainage structures with pipe crossing the road and install drainage pipe up too Little Hickory Drive. Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. Landscaping Tree Trimming. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. The outside eastbound lane from Saradrienne Lane to Bonita Grande Drive on Bonita Beach Road will be subject to intermittent lane closures from 7:00 PM to 6:00 AM. INVESTORS AND SECURITY HOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT HAVE BEEN FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT PRESTO, VENTOUX, THE PROPOSED BUSINESS COMBINATION AND RELATED MATTERS. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Angel, Fund of Funds, Venture Capital), General contact email for the organization. For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. Motorists should expect intermittent northbound and southbound lane closures and detours on US 41/Cleveland Avenue during daytime and nighttime/overnight hours Monday through Friday throughout the duration of the project. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. The project will be constructed in three segments. Work times will be from 7:00 AM to 5:00 PM. Presto overlays next-gen digital solutions onto the physical world. You can read more about your. 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. Crews continue striping, limerock, curb and gutter, and guardrail installation throughout the project to facilitate this switch. Turn lanes are currently unavailable at Wild Blue Boulevard, Cypress Shadows Boulevard (The Preserve at Corkscrew), Midnight Blue Boulevard, and Bella Terra Boulevard (eastbound right-turn lane). The expected project completion is late 2023. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in New York City, New York), and Somrus (a line of Indian flavoured liqueurs). Media: Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. Hancock Bridge Parkway CIPP Project, Cape Coral Lee County DOT and their contractor Shenandoah General Construction will begin pipelining activities on Hancock Bridge Pkwy January 3, 2023. Presto overlays next-gen digital solutions onto the physical world. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. A Cleveland Avenue Fund . For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. The expected project completion is late 2023. The projected start date is January 30, 2023. Southbound lane along Nalle Road will be subject to temporary daily lane closures. site you are consenting to these choices. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. | 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 locations. Accel/Decel Lane, Catch Basin/Culvert Pipe, Curb & Gutter, Sidewalk, Single Entrance, Turn Lane, and Asphalt Pavement improvements will be performed between Lee Road and Domestic Avenue. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Motorist should use caution and expect some delays when work is active. We are proud to partner with Cleveland Avenue and tap into over 200 years of collective experience across industries to prepare more entrepreneurs in Illinois for initial and follow-on investments. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. 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. Solutions. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. The typical case for the fund is to invest in rounds with 3 participants. The detour and one-way road on Imperial Shores Blvd. The activities will require lane closures between 9:00 PM and 5:00 AM. Contact Email info@clevelandavenue.com. Martin Luther King Jr. Boulevard. Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . Gladiolus Drive from A + W Bulb Road to Bass Road; Bass Road from Gladiolus Road to Park Royal Drive (Permit ROW2022-00230): Pike Electric will be working on the overhead power lines. The project includes adding on-road bike lanes, some sidewalk, installing new drainage, and constructing a wildlife crossing approximately 1000 feet west of the entrance to Cypress Shadows Boulevard. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. that was in place prior to hurricane Ian will be re-implemented within the next 2 weeks to allow construction to resume. Nalle Grade Road between Slater Road to Nalle Road RPU will be continuing with the installation of the Raw Water Main and Fiber Optics Conduit via directional drill from January 9, 2023 thru March 30, 2023. The goal of this impact investment effort is to create jobs, build wealth, and tackle other social and economic challenges, with a special focus on communities of color, low-income households,and historically marginalized communities. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Copyright 2023. Frerichs and Garcia are making the largest investment to date from the Illinois Growth and Innovation Fund (ILGIF), committing $16 million to foster a more inclusive venture capital ecosystem and directly impact underserved low-income communities and underinvested business entrepreneurs in Chicago. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. . The Company invests in restaurant, food, and beverage companies. Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. 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. 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. Investor Type Accelerator, Venture Capital. MOT will be provided through ACME Barricades (239)479-5266; DBlack@acmebarricades.com dtanner@acmebarricades.com. After a lifetime empowering entrepreneurs and setting the stage to substantially advance more Black, Latinx, and women-owned businesses on the South and West Side of Chicago, Im beyond excited to work alongside Don, Liz, and the entire Cleveland Avenue team to support more inclusive investments, economic development, and job creation in our community.. Try for free at rocketreach.co 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. 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. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. Striping Maintenance: Lee County DOT will be performing a moving operation with traffic delays on 2-16-23 through 2-22-23 between the hours of 9:00 a.m. to 4:00 p.m. (weather permitting) on the following roadways: Motorists should expect a new traffic pattern on Friday morning, February 25. Motorists should expect delays and use caution as construction vehicles enter/exit the roadway. 9500 Euclid Avenue; Cleveland, OH 44195; United States +1 (800) 000-0000. Ventoux is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Motorists should be aware of vehicles entering/exiting the road in this area. Crystal Drive (Plantation Road to US 41) Water Main Improvements (ROW 2022-00020): Beginning April 4, 2022, contractors for Lee County will install new water main beginning on the west side of Planation Road just south of the roundabout with Crystal Drive. Motorists should expect intermittent northbound and southbound lane closures and detours on US 41/Cleveland Avenue during daytime and nighttime/overnight hours Monday through Friday throughout the duration of the project. North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). The one-lane road operations are estimated to continue through the end of March 2023. Bridge Maintenance The Treasurers Office predates Illinois incorporation in 1818. Gunnery Road ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem with 40 percent of its committed capital invested with venture capital firms led by women and people of color. (970) 948-9787. Illinois Growth and Innovation Fund(ILGIF). This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. This shift will allow for the next phase of construction of the bridge/wildlife crossing, box culverts, and roadway on the north side (westbound) of the project. Pedestrians are not permitted on the Sanibel Causeway. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Win whats next. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. Chief Financial Officer & Chief Investment Officer, Managing Director, Investor Relations & Chief of Staff, Youre viewing 10 of 67 investments. . The fund is based in Chicago, Illinois. intersection will be closed to all through traffic beginning Monday February 20, 2023 for repairs. Area Wide Protective will be providing MOT services. The projected start date is September 19, 2022. Search Crunchbase. The activities will begin on January 3, 2023 and continue until February 17, 2023. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Use the CB Insights Platform to explore Cleveland Avenue's full profile. Founders Don Thompson, J. Skyler Fernandes. All rights reserved. For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. Working hours shall be from 7:00 AM to 9:00 PM, Monday through Saturday. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. When available, these documents can be obtained free of charge from the sources indicated above. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. Get the full list, Morningstar Institutional Equity Research. The firm provides resources and expertise to support remarkable companies and the people behind them. Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. Founded at M.I.T. The projected end date is April 30, 2023. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Edit Lists Featuring This Company Section, Venture Capital Companies With Fewer Than 1000 Employees (Top 10K), Early Stage Venture Investors with Investments in United States, Illinois Companies With Less Than $1B in Revenue (Top 10K). For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. 2. This communication is for informational purposes only and is not intended to and shall not constitute a proxy statement or the solicitation of a proxy, consent or authorization with respect to any securities in respect of the proposed business combination and shall not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. CBI websites generally use certain cookies to enable better interactions with our sites and services. Bicyclists should expect the bike lane from Stoneybrook Golf Drive to just east of Wildcat Run to be combined with the travel lane while crews work on the north side of the road. View contacts for Cleveland Avenue to access new leads and connect with decision-makers. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Crews will be installing light poles along the north and south side the road as well as landscaping and irrigation improvements in the median.

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cleveland avenue venture capital

cleveland avenue venture capital

cleveland avenue venture capital

cleveland avenue venture capital

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