Mergers and Acquisitions
Builders FirstSource (NYSE: BLDR) announced a definitive agreement to acquire Alpine Lumber Company, a Colorado-based employee-owned business with 21 locations. This acquisition is expected to close in early Q1 2025 and will be funded through existing cash and credit facilities. The deal expands BLDR's presence and is anticipated to be accretive to its earnings. Read More
Xerox Holdings (NASDAQ: XRX) has announced its agreement to acquire Lexmark International for $1.5 billion, including assumed liabilities. The transaction is expected to close in the second half of 2025. Read More
Ikena Oncology (NASDAQ: IKNA) and Inmagene Biopharmaceuticals have announced a definitive merger agreement, along with a $75 million private placement. Read More
SPX Technologies (NYSE: SPXC) announced a definitive agreement to acquire Kranze Technology Solutions (KTS) for approximately $350 million in cash. Read More
CBL Properties (NYSE: CBL) has acquired its partner's 50% joint venture interests in three major malls for $22.5 million in cash. The transaction includes assuming $266.7 million in non-recourse loans secured by the properties. Read More
Healthcare and Pharmaceutical Updates
Bristol Myers Squibb (NYSE: BMY) announced positive results from two pivotal Phase 3 trials of Sotyktu in adults with active psoriatic arthritis. Read More
Wave Life Sciences (NASDAQ: WVE) has submitted its first clinical trial application for WVE-007, a novel obesity treatment. Read More
AVITA Medical (NASDAQ: RCEL) has received FDA approval for RECELL GO mini, a new disposable cartridge designed for treating smaller wounds. Read More
Phio Pharmaceuticals (NASDAQ: PHIO) has announced a registered direct offering of 240,000 shares of common stock priced at $2.00 per share. Read More
Energy and Technology Developments
Rayonier (NYSE: RYN) has signed an underground pore space agreement with Reliant Carbon Capture & Storage covering approximately 104,000 acres in Alabama. This supports carbon capture and storage initiatives. Read More
Vermilion Energy (NYSE: VET) announced the acquisition of Westbrick Energy for $1.075 billion, enhancing energy reserves. Read More
Ormat Technologies (NYSE: ORA) has acquired 1,678 acres in Utah for geothermal development. Read More
POET Technologies has signed agreements with Globetronics Manufacturing in Malaysia for optical engines manufacturing. Read More
Financial and Market Movements
Espey Mfg. & Electronics Corp. (NYSE American: ESP) has secured a significant $29.5 million contract with the U.S. Navy's Columbia class submarines program. Read More
Venu Holding (NYSE: VENU) reported its Q3 2024 results marking its first earnings report since its November 2024 IPO. The company's total assets increased 100% to $166.6 million, while revenue grew 56%. Read More
Destination XL Group (NASDAQ: DXLG) has received a non-binding acquisition proposal from Fund 1 Investments. Read More
Brookdale Senior Living (NYSE: BKD) has completed a refinancing transaction, securing a $344.2 million loan with improved interest terms. Read More
Edible Garden (Nasdaq: EDBL) has entered a warrant exercise agreement for $3.0 million in gross proceeds. Read More
S&W Seed Company (SANW) secured a $25 million revolving credit agreement, replacing an existing facility. Read More
Loop Industries (Nasdaq: LOOP) closed its strategic and financing transaction with Reed Societe Generale Group. Read More
Vertical Bridge REIT completed a $3.3 billion tower transaction with Verizon, acquiring over 6,300 towers. Read More
Davis Commodities (NASDAQ: DTCK) has secured a S$10 million banking facility. Read More
Bridgeline Digital (NASDAQ: BLIN) announced its Q4 2024 financial results, showcasing a slight revenue increase. Read More
Legal and Corporate Actions
Nano Dimension (NNDM) has responded to a lawsuit filed by Desktop Metal regarding their merger agreement, claiming that Nano Dimension failed to make reasonable efforts to obtain regulatory approval. Nano Dimension states the lawsuit is meritless. Read More
Wilhelmina International (NASDAQ: WHLM) corrected its delisting timeline from the Nasdaq Capital Markets. The last trading day will be December 27, 2024. Read More
Ellomay Capital (NYSE American; TASE: ELLO) has announced an extraordinary general meeting of shareholders scheduled for January 30, 2025, to discuss the terms of service for its Chairman of the Board. Read More
Pulse Biosciences (PLSE) announced plans to redeem its first tranche of common stock warrants. Read More
Vertical Aerospace (NYSE: EVTL) finalized a significant investment agreement with Mudrick Capital Management, securing up to $50 million in funding. Read More
Mosaic Company (NYSE: MOS) has reported its October and November 2024 sales performance across segments. Despite challenges, the company has secured a third ammonia supply agreement. Read More
