Streetbeat News

Acquisitions Mergers

AAPL

Apple has acquired Mira, an AR headset startup, according to The Verge. The acquisition is expected to strengthen Apple's position in the augmented reality market.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 6:38 pm

SHWZ

Schwazze (OTCQX:SHWZ) has acquired certain assets of Sucellus, LLC, which will allow the company to manage Everest Apothecary, a New Mexico not-for-profit corporation. The acquisition includes retail dispensaries, cultivation, and manufacturing facilities, expanding Schwazze's footprint in the New Mexico market.

Portfolio Pulse from Jelena Martinovic

June 06, 2023 | 6:09 pm

TALO

North Sea oil and gas producer Harbour Energy is in merger talks with US-based Talos Energy, according to Reuters. The potential merger could create a combined company with a market value of around $10 billion.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 5:07 pm

PRTK

Paratek Pharmaceuticals has agreed to be acquired by Gurnet Point Capital and Novo Holdings for $462 million. The transaction includes debt financing of $175 million provided by Oaktree Capital Management and is expected to close in Q3 2023.

Portfolio Pulse from Akanksha Bakshi

June 06, 2023 | 4:42 pm

SHOP

Shopify (NYSE:SHOP) completed the sale of most of its former logistics business to Flexport, receiving a 13% equity interest in the company. The stock traded higher by 5.17% on Tuesday.

Portfolio Pulse from Anusuya Lahiri

June 06, 2023 | 4:40 pm

PRTK

Paratek Pharmaceuticals has entered into a definitive agreement to be acquired by Gurnet Point Capital and Novo Holdings, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 4:10 pm

RYAN

Ryan Specialty Holdings Inc (NYSE: RYAN) announced two acquisition agreements to boost its medical stop-loss insurance portfolio. The company will acquire ACE Benefit Partners, Inc. and Point6 Healthcare, LLC, both for undisclosed terms. Both acquisitions are projected to close in July 2023.

Portfolio Pulse from Lekha Gupta

June 06, 2023 | 3:54 pm

RCRT

Recruiter.com has signed a definitive agreement to acquire the fintech assets of GoLogiq, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 3:17 pm

GOLQ

RCRT

Recruiter.Com Group (NASDAQ:RCRT) has announced a merger with GoLogiq (OTC:GOLQ) to be completed in Q4 of 2023. The deal involves an exchange of $105 million in RCRT stock for GOLQ stock.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:10 pm

CYBN

IXHL

PSIL

REUN

Cybin Inc. (NYSE:CYBN) has entered into a common share purchase agreement with institutional investor Lincoln Park Capital Fund for the sale of up to $30 million of its common shares. Reunion Neuroscience (NASDAQ:REUN) is set to enter an acquisition agreement with MPM BioImpact for $13.1 million. Incannex Healthcare (NASDAQ:IXHL) adds psychedelics experts to its new Australian clinical venture. AdvisorShares Psychedelics ETF (NYSE:PSIL) shows a consistent upward trend.

Portfolio Pulse from Lara Goldstein

June 06, 2023 | 2:57 pm