Paladin Studios, an independent game developer from the Netherlands known for collaborating with Nintendo on the 2020 Switch eShop game Good Job!, has declared the closure of its operations after a nearly two-decade run. The studio, established in 2005 and once boasting a workforce of 55, has worked alongside notable industry names like Apple Arcade,…
Category: Wire
News wire, ,nyse exchange, market newspaper, equities market news, financial news,
Maurel & Prom increases proposed dividend from €0.23 to €0.30 per share
Etablissements Maurel & Prom S.A. (Paris:MAU) announced an increase in the dividend proposal made by its Board of Directors and which will be submitted to the vote of shareholders at the General Meeting to be held on 28 May 2024. During the publication of the annual results for the 2023 financial year on 1 March…
SVB Financial Group agrees to sell SVB Capital to Pinegrove Capital Partners
SVB Financial Group has entered into a definitive agreement under which a newly created entity affiliated with Pinegrove Capital Partners and backed by permanent capital from Brookfield Asset Management and Sequoia Heritage, will acquire the company’s investment platform business, SVB Capital. Under the terms of the agreement, SVB Capital would be acquired for a combination…
Soleno Therapeutics announces $138 million public offering
Soleno Therapeutics, Inc. (Nasdaq: SLNO), a pioneering biopharmaceutical company in the rare disease sector, has declared the launch of a significant public offering. The company is offering 3 million shares of its common stock to the public at $46.00 per share, with expectations to raise gross proceeds of around $138 million. This capital raise is…
Former Microsoft executive, Bob Culliton, joins LawFi
LawFi, Inc., the innovator behind the “Legal Fee Loan,” has announced the appointment of Mr. Bob Culliton to its executive team. Mr. Culliton, a seasoned professional with over two decades of experience in sales leadership and partner engagement, joins LawFi as an Advisor and Senior Vice President of Partnerships. During his illustrious 21-year tenure at…
Hyperquake acquires Brooklyn-based digital innovation firm, Potion
Hyperquake, the renowned creative strategy and branding agency, has acquired the Brooklyn-based digital innovation firm Potion. Potion, known for its award-winning work in inclusive digital storytelling, will maintain its brand identity and continue operating from its Brooklyn Navy Yard headquarters. The acquisition marks Hyperquake’s first foray into New York City, positioning the company in the…
Ardent Mills announces CEO Dan Dye’s retirement
Ardent Mills, a leading flour-milling and ingredient company, has announced the retirement of its inaugural CEO, Dan Dye, slated for later this summer. Dye, who has been at the helm since the company’s founding, will continue to lead until a successor is appointed, ensuring a seamless transition. The company is actively seeking a new CEO…
Adriana Muñoz of Pilar Capital acquires Admar Neuro
Admar Diagnostic Instruments, Inc., widely recognized as Admar Neuro, has been acquired by Adriana Muñoz of Pilar Capital. The acquisition marks a new era for the company, renowned for its high-quality, refurbished neurodiagnostic instruments and repair services. The transaction was expertly facilitated by Viking Mergers & Acquisitions, with advisors Robert Lugo and Max Roix playing…
Kaiju Worldwide’s AI Trading Strategy hits $190 million valuation
Kaiju Worldwide, a conglomerate of tech research firms, has announced a significant milestone with its AI-based RS2 trading strategy being valued at over $190 million by a top global valuation firm. The assessment, spanning from the end of 2023 to early 2024, underscores Kaiju’s prowess in crafting and executing lucrative AI trading strategies, pushing its…
Charger Investment Partners acquires Wolf-Gordon Inc.
Charger Investment Partners has successfully acquired Wolf-Gordon Inc., a prominent New York-based designer and supplier of high-end interior surface products. The acquisition, which was completed in partnership with the management of Wolf-Gordon, is poised to enhance the company’s offerings in various sectors, including hospitality, healthcare, and education. Wolf-Gordon, known for its commitment to innovation and…
Novartis will acquire Mariana Oncology for up to $1.75 billion
Novartis will acquire Mariana Oncology, a fully integrated biotechnology company and pioneer in a new era of radiopharmaceutical innovation for treating people with cancer, for $1 billion upfront and up to $750 million in potential milestone payments, a statement noted. With this acquisition, Mariana Oncology’s innovative radiopharmaceutical platform is combined with Novartis’s proven expertise in…
Höegh LNG signs agreement to deploy FSRU Hoegh Galleon to Egypt
BERMUDA: Höegh LNG Holdings Ltd. (Höegh LNG) has announced an agreement between Höegh LNG, Australian Industrial Energy Pty Ltd (AIE) and Egyptian Natural Gas Holding Company (EGAS) for the deployment of the Floating Storage and Regasification Unit (FSRU) Hoegh Galleon. The aim of the deployment is to support energy security in Egypt. Hoegh Galleon will…