In The News
Life Sciences Reverse Mergers Go Global: Is it the Path for Your Company?
Source: cooley.com, With the US initial public offering markets continuing to remain largely closed, and special purpose acquisition company combinations being costly and complex, there’s a new kid in town for foreign companies looking to go public in the US: reverse mergers.
Aeglea Biotherapeutics up 328% - call this what it is, a reverse takeover by Spyre
Source: dhakatribune.com, Well, OK, that's what they have done so that reporting is fair enough. But we'd get far further in understanding what's going on here if we used rather older language to describe the transaction. This is, really, a reverse takeover. Or even, a merger into a quoted shell.
Startups Opt For Microcap Mergers To Tap Public Markets
Source: news.crunchbase.com Most years, at least a few buzzy startups manage to carry out high-profile IPOs. But lately, with the window for large new offerings frozen shut, those debuts aren’t happening.
Titan Pharmaceuticals Announces Board Expansion and Management Changes
SOUTH SAN FRANCISCO, Calif., Aug. 16, 2022 /PRNewswire/ -- Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) ("Titan" or the "Company") today announced that it has expanded its Board of Directors (the "Board") from five (5) to eleven (11) and appointed six new directors following their election at its special meeting of stockholders held on August 15, 2022 (the "Special Meeting").
Bitcoin Miner TeraWulf to Merge With Nasdaq-Listed Ikonics
TeraWulf – an environmental, social and governance-focused bitcoin mining company – is set for a Nasdaq listing after it agreed to merge with Ikonics, an imaging-technology company whose stock trades on Nasdaq. Source - finance.yahoo.com
Activist Investing Announces 5.6% Ownership Interest in Titan Pharmaceuticals, Inc.
NEW YORK, April 25, 2022 (GLOBE NEWSWIRE) Activist Investing Announces 5.6% Ownership Interest in Titan Pharmaceuticals, Inc.
Electro-Sensors and Mobile X Global Announce Merger
MINNETONKA, Minn. and LOS ANGELES, June 13, 2022 /PRNewswire/ -- Electro-Sensors, Inc. (Nasdaq: ELSE), a leader in industrial monitoring systems, and Mobile X Global, Inc., one of the world's first connectivity-as-a-service companies, announced today that they have entered into definitive agreements to merge and re-name the combined company Mobile X Global, Inc.
Activist Investing LLC Announces 5.7% Ownership Interest in Electro-Sensors, Inc.
NEW YORK, NY Jan. 14, 2022 (GLOBE NEWSWIRE) Activist Investing LLC Announces 5.7% Ownership Interest in Electro-Sensors, Inc.
David E. Lazar Announces 5.1% Ownership Interest in Insignia Systems, Inc.
NEW YORK, May 31, 2022 (GLOBE NEWSWIRE) -- David E. Lazar, an experienced private investor specializing in reverse merger and other event-driven opportunities, today filed a Schedule 13D announcing his acquisition of approximately 5.1% of the common stock outstanding of Insignia Systems, Inc. (NASDAQ: ISIG) (“ISIG” or the “Company”).
Ikonics Doubles On Merger With Bitcoin Miner TeraWulf
Investing.com – Ikonics (NASDAQ:IKNX) more than doubled during Friday’s session as the company agreed to combine with bitcoin miner TeraWulf under a new holding company. Source - finance.yahoo.com
Activist Investing Nominates Slate of Highly Qualified Director Candidates for Election to the Board of Directors of Titan Pharmaceuticals at Upcoming Special Meeting of Stockholders
NEW YORK, July 11, 2022 (GLOBE NEWSWIRE) -- David E. Lazar, Chief Executive Officer of Activist Investing LLC (together with its affiliates, “Activist Investing” or “we”), one of the largest stockholders of Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) (“Titan” or the “Company”) with 25.2% of the Company’s outstanding shares, today issued the following statement:
Custodian Ventures Announces 5.2% Ownership Interest in LM Funding America, Inc.
NEW YORK, NY July 29, 2021 (GLOBE NEWSWIRE) -- Custodian Ventures LLC (together with its affiliates, “Custodian Ventures” or “we”), today filed a Schedule 13D announcing its acquisition of approximately 5.2% of the common stock outstanding of LM Funding America, Inc. (NASDAQ: LMFA) (“LMFA” or the “Company”).
