ImmunityBio and NantKwest to Merge, Creating a Leading Immunotherapy and Cell Therapy Company (agreement to merge in a stock-for-stock transaction.) Merged entity brings together 11 Phase II / III clinical trials across oncology and infectious disease that use combined immunotherapy platforms Together, ImmunityBio and NantKwest will have a broad,...
500.com Limited Announces Private Placement and Appointment of New Officers 500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), an online sports lottery service provider in China, today announced that it has entered into a definitive share subscription agreement (the "Agreement") with Good Luck Information Technology Co., Limited ("Good Luck...
Ameren Signs Long-Term 900 MHz Spectrum Leases for Illinois & Missouri Service Territories Anterix (NASDAQ: ATEX) today announced its first long-term 900 MHz broadband spectrum lease agreements, covering Ameren Corporation's ("Ameren") service territories for 30 years. These agreements enable Ameren's deployment of a private LTE network to support its digital...
Lilly to acquire Prevail for $22.50 per share in cash (or an aggregate of approximately $880 million) payable at closing plus one non-tradable contingent value right ("CVR") worth up to $4.00 per share in cash (or an aggregate of approximately $160 million), for a total consideration of up to $26.50 per share in cash (or an aggregate of approximately $1.040...
The company hasn’t issued any news or press releases this morning, but the stock is up in double-digit percentages. The run seems to be the result of the fact that Bitcoin broke the $20,000 mark. NXTD is heavily focused on mobile security, and cryptocurrencies, which run on the blockchain, are focused on the security of financial transactions, and other...
FireEye, CrowdStrike and Other Security Stocks Rally on SolarWinds Hack Security-software stocks were flying high Friday, as investors anticipated a pickup in spending in response to widespread damage FireEye, U.S. Agencies Affected By Cyber Attack On Solar Winds Software The security-software firm said a “global intrusion campaign” is making use of a tainted...
Katapult to Become a Publicly Traded Company Through Merger With FinServ Acquisition Corp. Leading e-commerce focused point-of-sale platform for nonprime consumers Transaction values Katapult at a pro forma enterprise value of approximately $1 billion and equity value of $962 million, representing EV/EBITDA multiples of 14.1x and 6.6x projected EBITDA for 2021...
CURO Group Holdings Corp. Positioned to Benefit from Katapult’s Announced Merger with FinServ Acquisition Corp. $900+ million Transaction Provides $365 million Total Consideration to CURO Katapult Holding, Inc. ("Katapult"), a company approximately 40% owned by CURO and a leading provider of e-commerce point-of-sale ("POS") lease purchase options for non-prime...
Urban Commercial Zero-Emission Vehicle Company Lightning eMotors to List on New York Stock Exchange Through Merger with GigCapital3, Inc. Urban Commercial Zero-Emission Vehicle Company Lightning eMotors to List on New York Stock Exchange Through Merger with GigCapital3, Inc. Production expected to reach 20,000 medium duty commercial electric vehicles by...
Innoviz Technologies, a Global Leader in LiDAR Sensors and Perception Software for Autonomous Driving, to be Listed on Nasdaq Through Business Combination with Collective Growth Corporation - Transaction is expected to provide up to $350 million in gross proceeds comprised of Collective Growth's $150 million of cash held in trust, assuming no redemptions by...
WM Holding Company, LLC, the Leading Technology Platform to the Cannabis Industry, to List on Nasdaq Through Merger With Silver Spike Acquisition Corp. The estimated post transaction equity value of the combined Company is approximately $1.5 billion, assuming the $10.00 per share PIPE price and no redemptions by Silver Spike shareholders and provides up to $575...
EV Company Electric Last Mile to List on Nasdaq Through Merger With Forum Merger III Corporation Pro forma implied equity value of the combined company is approximately $1.4 billion at closing, at a $10.00 per share price and assuming no redemptions by Forum shareholders. ELMS expects to launch its Urban Delivery van as the first electric Class 1 commercial...
Genius Sports Group To Go Public Through Combination With NYSE-Listed dMY Technology Group II - Pro forma enterprise value of the merger of approximately $1.5 billion, or 8.0x GSG's currently projected 2021 revenue of $190 million. - Transaction includes a $330 million fully committed private investment ("PIPE") at $10.00 per share. anchored by institutional and...
HydraFacial, an Experiential Beauty Health Company, and Vesper Healthcare Announce Business Combination HydraFacial is a category-creating beauty health company that provides a platform and technology to a community of providers and consumers, to deliver an experiential, 30-minute facial that offers results similar to a medical treatment Transaction values...
1. BioCardia Anticipates DSMB Feedback on Interim Data From Pivotal Phase 3 CardiAMP Heart Failure Trial BCDA today announces that it anticipates data safety monitoring board (DSMB) verbal feedback by the end of December 15, 2020 on interim data from the Company’s pivotal Phase 3 CardiAMP Heart Failure Trial that is currently enrolling nationwide for infusion...
Bridgetown Holdings Ltd., the blank-check company backed by billionaires Richard Li and Peter Thiel , is considering a potential merger with Indonesia’s e-commerce giant PT Tokopedia, according to people with knowledge of the matter. he special purpose acquisition company is exploring the structure and feasibility of a deal with Tokopedia, one of the most...
Arvinas Nearly Doubles on Promising Cancer Drug Results The test results show the Arvinas drugs' potential for treating breast and prostate cancer, Cantor said. Arvinas (ARVN) - Get Report shares blasted off Monday as Cantor Fitzgerald offered bullish comments on the biopharmaceutical company after it reported positive news on its breast and prostate cancer...
Advent Technologies Inc. to Combine With AMCI Acquisition Corp., Creating a Leading Next Generation Fuel Cell Technology Company dvent has a proven business model – Advent has a proven, scalable business model that delivers consistent and recurring revenue, with an approximately $100m revenue opportunity per 1GW of customer demand. Support from Advent...