December 29, 2023 7:07 am
Sterling Infrastructure Inc said on Thursday that it had requested and received an amendment to its 2019 credit agreement, which will extend the maturity of the credit facility by 18 months to April 2026. The size, economics and covenants of the amended credit agreement remained substantially without change. The $425 million credit facility, under the […]
Read moreDecember 28, 2023 11:41 am
Calliditas Therapeutics AB said on Wednesday that it had signed and fully drawn a term loan of EUR 92 million with funds managed by Athyrium Capital Management LP. The company will use the proceeds from the loan to fully repay its existing EUR 68 million loan with Kreos Capital, it said. With the refinancing, Calliditas […]
Read moreDecember 28, 2023 7:27 am
Surf Air Mobility Inc, the air mobility platform transforming regional flying through electrification, said on Wednesday that it had appointed Oliver Reeves as its next Chief Financial Officer. Reeves will head the company’s financial and capital markets strategies, while leveraging his almost two decades of experience within the investment management, enterprise technology and insurance industries. […]
Read moreDecember 27, 2023 11:58 am
Zymeworks Inc, a clinical-stage biopharmaceutical company, said on Tuesday that it had entered into a securities purchase agreement with funds affiliated with EcoR1 Capital LLC. Under the agreement, Zymeworks Inc will offer an aggregate of 5,086,521 pre-funded warrants to purchase 5,086,521 shares of common stock, $0.00001 par value per share. The proceeds from the offering […]
Read moreDecember 27, 2023 10:15 am
1st Capital Bancorp, the holding company and parent company of 1st Capital Bank, said on Tuesday that it had appointed Laura Zehm to its Board of Directors. Zehm is the former Chief Administrative Officer and Chief Financial Officer of Montage Heath. She has more than three decades of experience within the healthcare industry, which includes […]
Read moreDecember 27, 2023 8:50 am
Aristocrat Group said last week that it had appointed Mark Corwin as its next Chief Financial Officer. Corwin will take responsibility for Aristocrat Group’s financial stewardship and associated activities, including capital allocation, business planning, performance management and execution. Mark Corwin has served honorably as a member of the special operations community in the United States […]
Read moreDecember 23, 2023 5:08 pm
Accenture said this week it had entered into an agreement to acquire Customer Management IT and SirfinPA, a pair of jointly-owned Italy-based technology consultancies that support the public sector and specialize in justice and public safety. The acquisition comes in line with Accenture’s focus on helping Italy’s public service organizations build their digital core. Customer […]
Read moreDecember 23, 2023 3:11 pm
Vance Street Capital LLC said earlier this week it had signed a binding Sale and Purchase Agreement to sell Terra Insights to Orica for as much as CAD 505 million. The deal is expected to close in the first half of next year. Based in Vancouver, British Columbia, Terra Insights is a leading global end-to-end […]
Read moreDecember 22, 2023 10:23 am
enCore Energy Corp said earlier this week Carrie Mierkey had stepped down from the role of Chief Financial Officer, effective December 23rd. Dennis Stover has been named Interim Chief Financial Officer until the CFO search is concluded. A CFO search committee, which includes Chief Executive Officer Paul Goranson, Executive Chairman William Sheriff and Audit Committee […]
Read moreDecember 22, 2023 7:15 am
Hyliion Holdings Corp, which develops sustainable electricity producing technology, said earlier this week its Board of Directors had authorized a stock buyback program of up to $20 million of the company’s issued and outstanding common stock. The company had recently announced that it would wind down its powertrain operations and would concentrate future efforts on […]
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