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Acquisitions Mergers

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BSAQ

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TSLA

Vietnamese EV maker VinFast is offering a 10-year or 125,000 miles bumper-to-bumper warranty on its new vehicles, far exceeding the basic warranty of four years offered by Tesla, BMW, and Mercedes. VinFast also provides a 10-year warranty on the battery and 24/7 emergency roadside assistance. The company entered the U.S. market in March and is expected to begin trading on the Nasdaq following a SPAC merger with Black Spade Acquisition Co.

Portfolio Pulse from Anan Ashraf

August 11, 2023 | 3:09 am

LCW

Learn CW Investment Corporation, a special purpose acquisition company, plans to extend the period to consummate its initial business combination by one month, from August 13, 2023 to September 13, 2023. This extension is subject to a deposit of $115,000 into the company's trust account by August 13, 2023. This is the fifth of up to six one-month extensions allowed by the company's governing documents.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 10:01 pm

AMRC

Ameresco, Inc. (NYSE:AMRC) has announced the acquisition of an energy resilience project from Bright Canyon Energy. The project, located at the Joint Forces Training Base in Los Alamitos, California, includes a microgrid, solar panels, and a battery energy storage system. The acquisition is part of a two-phase transaction between Ameresco and Pinnacle West Capital Corp, with the second phase involving the acquisition of Bright Canyon Energy Corporation set to close later in 2023.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 9:07 pm

ACHR

BA

Wisk Aero, Archer, and Boeing have reached an agreement to settle litigation and enter into a collaboration for autonomous flight. Archer will make Wisk its exclusive provider of autonomy technology for future aircraft variants. Boeing is investing in Archer to support the integration of Wisk's autonomous technology.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 8:57 pm

ACHR

BA

Wisk Aero, Archer, and Boeing have reached an agreement to settle litigation and enter into a collaboration for autonomous flight. Additionally, Boeing has invested in Archer's latest funding round, though the size of the investment was not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 8:56 pm

MTAC

TLSI

TriSalus Life Sciences has completed its merger with MedTech Acquisition Corporation. The merger is expected to advance TriSalus' technology development and sales growth, and provide a cash runway through mid-2024. TriSalus' common stock and warrants are expected to commence trading on the Nasdaq Global Market under the ticker symbols 'TLSI' and 'TLSIW', respectively, on August 11, 2023.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 8:54 pm

BFAC

Battery Future Acquisition Corp. (BFAC) has announced an extension of the deadline to complete its business combination to September 17.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 8:44 pm

VSTO

Vista Outdoor Inc. (NYSE:VSTO) is rebranding its Outdoor Products business as The Kinetic Group, with the new NYSE ticker 'HUNT', following the planned spinoff of the business. The new name for the Outdoor Products company will be announced in the coming weeks. The rebranding is part of Vista Outdoor's plan to separate its Sporting Products and Outdoor Products segments into two independent, publicly traded companies. The separation is expected to be completed in 2023.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 8:43 pm

CANO

Cano Health, a leading healthcare provider, has announced that it is pursuing a process to sell the company.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 8:17 pm

MAXN

Maxeon Solar Technologies (NASDAQ:MAXN) has chosen Albuquerque, New Mexico, as the location for its first U.S. manufacturing expansion. The new 3-gigawatt facility will produce latest-generation TOPCon PV-silicon cell technology and the Company's proprietary shingled-cell Performance Line solar modules. The total investment of the project is expected to be over $1 billion. Maxeon expects to begin construction in the first quarter of 2024, with factory ramp-up to commence in 2025. The company is also considering increasing the scale of its U.S. manufacturing operation by approximately 50% to a capacity of 4.5 GW.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 8:05 pm