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Acquisitions Mergers

AGBA

AGBA Group Holding shares are trading higher following the company's announcement that it has filed its preliminary proxy statement for a shareholder meeting to approve its merger with Triller.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:25 pm

AGBA

AGBA has filed a $4 billion preliminary proxy statement for a shareholder meeting to approve its merger with Triller.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:24 pm

SLP

Simulations Plus has acquired Pro-ficiency for $100 million, expanding its capabilities across the drug development spectrum. This acquisition enhances Simulations Plus' offerings in clinical trial operations, medical affairs, and commercial market launches, integrating AI technologies for improved training, data analytics, and outcomes.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:02 pm

NXPI

SOXX

TSM

VWO

Taiwan Semiconductor Manufacturing Co (TSMC) plans to hire 2,000 employees in Europe through its subsidiary, European Semiconductor Manufacturing Co (ESMC). This move is part of a joint venture with Robert Bosch GmbH, Infineon Technologies AG, and NXP Semiconductors NV. The joint venture aims to build a 12-inch wafer fab in Dresden, with mass production expected by the end of 2027. TSMC has seen significant growth, with a 30% sales increase in May and a 55% stock gain over the last 12 months.

Portfolio Pulse from Anusuya Lahiri

June 12, 2024 | 11:46 am

KELYA

KELYB

Kelly Services has divested its Ayers Group to Keystone Partners, aiming to refocus on its global Recruitment Process Outsourcing (RPO) and Managed Service Provider (MSP) solutions.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:42 am

VVOS

Vivos Therapeutics has announced the closing of a $7.5 million at-the-market private equity-backed investment. Additionally, the company has launched a strategic marketing and distribution alliance.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:38 am

MTDR

Matador Resources' wholly-owned subsidiary has signed a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC for a cash payment of $1.905 billion.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:17 am

VERX

Vertex, Inc. (NASDAQ:VERX) has acquired tax-specific AI capabilities from Ryan, LLC to enhance its tax technology solutions. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:06 am

MICS

Singing Machine has executed a definitive deal to acquire AI technology company SemiCab. The transaction involves issuing 952,710 shares of Singing Machine's common stock and assuming $2.6 million in liabilities. Additionally, SemiCab will receive a 20% membership interest in a newly formed subsidiary, SemiCab Holdings, LLC.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:02 am

TTWO

Take-Two Interactive Software announced an underwritten public secondary offering of 2,830,084 shares held by Embracer Group. These shares were issued to Embracer Group on June 11, 2024, in relation to the closure of the Gearbox Entertainment acquisition.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:20 am