LAFAYETTE: urban-gro Inc. announced the pricing of an underwritten public offering of 5.4 million shares at a public offering price of $10 per share for aggregate gross proceeds of $54 million. In addition, urban-gro has granted the underwriters a 45-day option to purchase up to an additional 810,000 shares of common stock at the public…
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Oncorus prices public offering of 3.0 million common shares
CAMBRIDGE: Oncorus Inc. announced the pricing of its underwritten public offering of 3.0 million shares of its common stock at a price to the public of $19 per share. All shares of common stock in the offering are being offered by Oncorus. The gross proceeds to Oncorus from the offering, before deducting underwriting discounts and…
Baring Private Equity Asia completes acquisition of Virtusa
SOUTHBOROUGH: Baring Private Equity Asia (BPEA) has completed the acquisition and privatization of Virtusa Corporation, a global provider of digital strategy, digital engineering, and IT services and solutions that help clients change and disrupt markets through innovation engineering. In conjunction with the closing, Virtusa’s common stock will cease trading before the market opens on February…
WEX signs agreement to acquire HSA assets of HealthcareBank
PORTLAND: WEX Inc., a financial technology service provider, announced the signing of an agreement to acquire certain health savings account (HSA) assets of HealthcareBank, the custodian bank for customers of WEX’s Health division. Pursuant to the terms of the agreement, WEX will pay an initial cash consideration of approximately $200 million, with two additional deferred…
U.S. buys additional 100 million doses of Moderna’s COVID-19 vaccine
CAMBRIDGE: Moderna Inc. announced that the U.S. government has purchased an additional 100 million doses of Moderna’s COVID-19 Vaccine, bringing its confirmed order commitment to 300 million doses. Moderna has supplied 41 million released doses of the vaccine to the U.S. government to date. More than 22 million Americans have received the Moderna COVID-19 Vaccine…
Madison Realty Capital originated more than $1.5 Billion in transactions during 2020
NEW YORK: Madison Realty Capital (MRC) completed more than $1.5 billion in financing, originations and performing and non-performing note purchases in 2020, ranging from $4.9 million to $173 million, a news release said. The firm closed a total of 23 transactions in major U.S. metropolitan and suburban markets across a variety of real estate asset…
Alabama Coal Association expands, rebrands as Alabama Mining Association
MONTGOMERY: Following a vote by its membership, the Alabama Coal Association today announced its expansion and rebranding as the Alabama Mining Association (AMA). AMA’s formation includes a new digital identity and website, which can be accessed here. The mission of AMA is to promote the safe and sustainable mining of the natural resources that strengthen…
Datamatics, SSTech form partnership to strengthen North American presence
TAMPA: Datamatics and System Soft Technologies (SSTech) have entered a strategic partnership covering the North American region, a news release said. The distribution agreement gives SSTech access to Datamatics’ Intelligent Automation (IA) suite of products, including TruAI, TruCap+ and TruBot. SSTech will use these products to help small and medium-sized businesses (SMBs) deploy automation with…
DentaQuest applauds President Biden’s decision to re-open ACA Insurance Exchange
BOSTON: DentaQuest has applauded the decision by the Biden Administration to re-open the federal health care marketplace for three months, which will provide an opportunity for millions of individuals to apply not just for health insurance, but also for dental health insurance through the federal marketplace While the Biden Administration notes that over 30 million…
Seritage Growth Properties appoints Andrea Olshan as CEO and President
NEW YORK: Seritage Growth Properties announced that Andrea Olshan has been appointed Chief Executive Officer and President of the Company and will join the Company’s Board of Trustees, each effective as of a mutually agreeable date on or before March 16, 2021. Ms. Olshan is currently the Chief Executive Officer of Olshan Properties, a private…
Ladder Capital appoints Paul Miceli as Chief Financial Officer
NEW YORK: Ladder Capital Corp announced the appointment of Paul J. Miceli as Chief Financial Officer, effective March 1, 2021. Miceli, Ladder’s Director of Finance, will succeed Marc Fox, who has announced his intention to leave the Company. Mr. Fox will stay on through May 7, 2021, to ensure an orderly transition. Mr. Miceli joined…
JLT Mobile Computers forms software development subsidiary
VÄXJÖ: JLT Mobile Computers announced the launch of JLT Software Solutions, a wholly owned subsidiary dedicated to software development, and the appointment of Andreas Nivard as General Manager of the new venture. Over the next few years, JLT aims to grow the complementary software business by recruiting a strong development team with solid software expertise….