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GigaCloud Technology Inc acquires Wondersign

November 16, 2023 2:46 pm
GigaCloud Technology Inc, a pioneer of global end-to-end B2B e-commerce solutions for large parcel merchandise, said on Thursday that it had finalized the acquisition of a 100% equity interest of Apexis Inc (dba “Wondersign”) for $10 million in cash. Wondersign is a cloud-based interactive digital signage and e-catalog management SaaS company based in Tampa, Florida, […] Read more

Farmers Edge announces amendment to its credit facility

November 16, 2023 10:17 am
Farmers Edge Inc, a pure-play digital agriculture firm, said on Wednesday that it had entered into an amendment to its secured credit facility with Fairfax Financial Holdings Ltd. The credit facility was increased by $6.37 million to a principal amount of $81.37 million, Farmers Edge said. The increased amount is being extended on the same […] Read more

Astellas Pharma to buy Propella Therapeutics

November 16, 2023 8:24 am
Astellas Pharma Inc said on Wednesday that it had agreed to acquire Propella Therapeutics Inc. Propella is a privately held bio-pharmaceutical firm that has leveraged a wholly owned proprietary platform combining medicinal chemistry with lymphatic targeting to create new oncology drugs. Through the acquisition, Astellas will acquire PRL-02 (abiraterone decanoate), a next-generation androgen biosynthesis inhibitor […] Read more

Bowman buys New Mexico-based High Mesa Consulting Group

November 15, 2023 3:02 pm
Bowman Consulting Group Ltd said on Wednesday that it had acquired Albuquerque, New Mexico-based High Mesa Consulting Group. Established in 1977, High Mesa provides land and drone based surveying, mapping and geospatial services, sub-surface utility infrastructure engineering, inspection and mapping, civil engineering and planning services in New Mexico, Eastern Arizona and Southwestern Colorado. High Mesa […] Read more

Movano Health announces $3.6 million public offering

November 15, 2023 12:34 pm
Movano Health, a purpose-driven health care solutions firm, said on Wednesday that it had priced a $3.6 million underwritten public offering of 4,235,304 shares of its common stock. The offering price, prior to the underwriters’ discount and commissions, for each share of Movano’s common stock was announced at $0.85. The underwriter has been granted a […] Read more

China’s coal production drops 1% MoM in October

November 15, 2023 10:05 am
According to data by China’s National Bureau of Statistics, the country’s coal production dropped 1.1% month-over-month in October to 388.8 million metric tons, as mine safety inspections curbed output. Still, the figure represented a 3.8% increase compared to October last year. More safety inspections were conducted by Chinese authorities in October, after two accidents led […] Read more

GBP/CAD eases from 10-week high as UK inflation cools more than expected

November 15, 2023 8:13 am
The GBP/CAD currency pair eased from recent 10-week high on Wednesday, after data showed UK CPI inflation had decelerated more than expected in October. This added to investor expectations the Bank of England could begin cutting interest rates by May 2024. Annual consumer inflation in the United Kingdom eased to 4.6% in October from 6.7% […] Read more

Middlefield Banc appoints new Chief Executive Officer

November 14, 2023 2:34 pm
Middlefield Banc Corp said on Tuesday that it had appointed Ronald Zimmerly, Jr. as its next Chief Executive Officer, effective January 1st 2024. He is to succeed James Heslop, who will also step down from the Middlefield Banc Corp’s board of directors on December 31st. Zimmerly joined Middlefield as President after the acquisition of Liberty […] Read more

Bowman buys California-headquartered Blankinship & Associates

November 14, 2023 12:51 pm
Bowman Consulting Group Ltd said on Monday that it had entered into a definitive agreement to acquire Blankinship & Associates. Founded in 2000 and based in Davis, California, Blankinship is an environmental sciences and engineering company that specializes in providing water resources services, natural resource management services as well as permitting and compliance services. Blankinship’s […] Read more

France and EDF reach compromise energy prices deal

November 14, 2023 10:22 am
France’s government announced on Tuesday that it had reached an agreement with utility EDF in regard to future nuclear power prices. The compromise deal would enable EDF to generate profits and would also protect consumers from energy price spikes, according to France’s Finance Minister Bruno Le Maire. The two parties agreed on EUR 70 per […] Read more