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Zymeworks announces $50 million private placement

December 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 more

1st Capital Bancorp appoints Laura Zehm to its board

December 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 more

Aristocrat Group appoints new Chief Financial Officer

December 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 more

Accenture agrees to buy Customer Management IT and SirfinPA

December 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 more

Vance Street Capital to sell Terra Insights to Orica

December 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 more

enCore Energy’s Chief Financial Officer resigns

December 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 more

Hyliion Holdings announces stock buyback program

December 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 […] Read more

Pacira BioSciences appoints new Chief Executive Officer

December 21, 2023 1:54 pm
Pacira BioSciences Inc said on Thursday that Frank Lee had been appointed as its next Chief Executive Officer and a member of the Board, effective January 2nd 2024. The company had announced in September that David Stack would step down from his roles as Chief Executive Officer and Chairman of the Board, effective January 1st […] Read more

Movella Holdings’ current CEO to depart company

December 21, 2023 10:58 am
Movella Holdings Inc, a full-stack provider of sensors, software and analytics that enable the digitization of movement, said this week Ben Lee, its President and Chief Executive Officer, would leave the company in pursuit of other interests. Lee has stepped down as President, Chief Executive and as a member of Movella’s Board of Directors, effective […] Read more

Mawson signs new customer co-location agreement

December 21, 2023 7:31 am
Mawson Infrastructure Group Inc, a digital infrastructure firm, said this week it had signed a new customer co-location agreement with Krypton Technologies LLC. Under the agreement, Mawson will provide Krypton with co-location services for 1,764 miners or about 6 MW at Mawson’s Midland, Pennsylvania sites. The initial term of the agreement is for 12 months, […] Read more