LONDON, UK: Concurrent Technologies has entered into a partnership agreement with EIZO Rugged Solutions to resell its range of display and accelerator cards. Concurrent Technologies is a world leading specialist in the design and manufacture of high-end embedded computer boards for critical applications. Selling these cards individually and as part of a range of system…
Avingtrans CEO, Steve McQuillan appointed as Chairman of Adaptix
LONDON, UK: Avingtrans CEO, Steve McQuillan, has been appointed as the non-executive Chairman of emerging MedTech business, Adaptix, based in Oxford, UK. In parallel, Avingtrans is investing a further £2m in Adaptix, by means of a Convertible Loan Note. In 2021, Avingtrans invested £4m in Adaptix, for an 11.9% stake in the business, so this…
Fifth Wall Acquisition Corp and Mobile Infrastructure Corp merging to form a $550mn company
NEW YORK: Fifth Wall Acquisition Corp. III entered into a definitive business combination agreement with Mobile Infrastructure Corp. (MIC), one of the largest institutional-quality, mobility-focused parking asset owners in the U.S. The business combination values the combined company at a post-money equity valuation of approximately $550 million assuming no public shareholders of Fifth Wall Acquisition…
Fujifilm Corporation makes strategic investment in PhenoVista Biosciences
SAN DIEGO: PhenoVista Biosciences announced a strategic investment by Fujifilm Corporation, Tokyo. Fujifilm Corporation’s Life Sciences Corporate Venture Capital (LS-CVC) strategic investment fund is investing in PhenoVista to accelerate the development of new high-content screening (HCS) assay services using FUJIFILM iCell® differentiated induced pluripotent stem cells (iPSCs) and PhenoVista’s cutting-edge imaging technologies. This investment builds…
H3 Dynamics and Carbonix partner to build hydrogen-electric drone aircraft
SYDNEY: H3 Dynamics and Australian UAV producer Carbonix are coming together to begin development and production the first Australian hydrogen-electric VTOL (vertical take-off and landing) unmanned aircraft system (UAS). Carbonix is Australia’s leading UAV manufacturer with unique expertise in advanced composite manufacturing, aerostructure design and sophisticated control systems for vertical and landing capabilities. H3 Dynamics…
Aspen Group acquires 13.7% of Eureka Group for $16.1mn
SYDNEY, AUSTRALIA: Aspen Group (ASX: APZ) has acquired 41.16 million shares in Eureka Group Holdings Limited (ASX: EGH) representing 13.7% of its total shares on issue. The total cost of the acquisition was $16.1 million. Both Aspen Group and Eureka Group provide quality accommodation on affordable terms. Aspen owns a diversified portfolio of residential, retirement…
Elders Limited acquires 12.29% interest in PGG Wrightson
SYDNEY, AUSTRALIA: Elders Limited (ASX: ELD) has acquired a 11.295% interest in PGG Wrightson Limited (NZX:PGW) in line with its geographic diversification strategy. The 11.295% interest was acquired by private sale at NZ$4.35 (A$4.121) per PGW share for a total investment of approximately NZ$37.1 million (A$35.2 million), funded through existing debt facilities. Elders does not…
Woolworths Group agrees to sell 5.5% of Endeavour Group at $6.46/share
SYDNEY, AUSTRALIA: Woolworths Group has agreed to sell 5.5% of the issued capital of Endeavour Group via a block trade at a price of $6.46 per share. Woolworths Group CEO, Brad Banducci, said: “Our decision to reduce our stake comes after a successful transition from ownership to partnership with Endeavour Group. The proceeds will be…
Race Oncology appoints Damian Clarke as MD & CEO
SYDNEY, AUSTRALIA: Race Oncology Limited announced that Mr Damian Clarke-Bruce has been appointed Managing Director and Chief Executive Officer, effective 1 February 2023. Mr Phil Lynch will return to his prior role as a Non-Executive Director of Race Oncology and will work closely with Mr Clarke-Bruce to ensure a smooth and effective leadership transition. Dr…
Jushi Holdings launches cannabis brand portfolio in California
BOCA RATON: Jushi Holdings announced the launch of a comprehensive product suite in California that includes three brands crafted to meet cannabis consumers’ preferences and price points. Jushi Holdings is a vertically integrated, multi-state cannabis operator. With the addition of Sèchè Pre-Roll Singles, Tasteology Fruit Chews and The Lab Vapes, the Company brings a new…
Green Thumb Industries expands executive leadership team
CHICAGO: Green Thumb Industries announced the appointments of four executive leadership positions and one new board member. Green Thumb Industries continues to actively recruit additional board members in preparation for its potential U.S. listing. These appointments will be effective January 1, 2023. The leadership promotions include Anthony Georgiadis to President, Matt Faulkner to Chief Financial…
Targa Exploration two pegmatite lithium exploration projects from Kenorland Minerals
VANCOUVER, BRITISH COLUMBIA: Targa Exploration Corp. (CSE: TEX) has entered into a purchase and sale agreement with Kenorland Minerals North America Ltd. (TSXV:KLD) to purchase a 100% interest in and to the Opinaca lithium project, located within the James Bay region of northern Quebec, along with rights to two mineral exploration license (MEL) applications which…