Streetbeat News

Partnerships

LCID

Lucid Group's stock is set to open higher for a second consecutive day after the Saudi Public Investment Fund acquired 265.7 million shares at a premium. The transaction could generate around $1.82 billion in gross proceeds for Lucid. The stock's upward momentum was also driven by Lucid's partnership with Aston Martin, in which Lucid will supply powertrain and battery system technology for $232 million.

Portfolio Pulse from Shanthi Rexaline

June 27, 2023 | 11:43 am

APCX

AppTech Payments Corp (NASDAQ:APCX) has granted a patent license to PayToMe.co, a Silicon Valley-based fintech company focused on revolutionizing digital financial services.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 11:38 am

AVXL

Anavex and Partex have agreed to enter into a strategic partnership to co-develop a disease-focused Patient App ecosystem, aiming to drive efficiency, effectiveness, and innovation across the value chain with a patient-centric focus.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 11:37 am

CACI

CACI International Inc has been awarded a $5.7 billion blanket purchase agreement for Enterprise Information Technology as a Service (EITaaS) Wave 1 by the Air Force, providing enterprise technology to over 800,000 Airmen and Space Force Guardians globally.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 11:36 am

HLNE

TIFIN and Hamilton Lane (HLNE) are partnering to launch an AI-powered investment assistant for private markets, aiming to provide personalized investment recommendations and insights.

Portfolio Pulse from Bill Haddad

June 27, 2023 | 11:35 am

CNTG

CENTOGENE and Lifera have entered a strategic collaboration to form a Saudi Arabian joint venture aimed at increasing access to data-driven multiomic testing.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 11:34 am

ENVX

Enovix has received a purchase order to produce battery cells for the US Army. The size of the order has not been disclosed.

Portfolio Pulse from Bill Haddad

June 27, 2023 | 11:33 am

CNTG

CENTOGENE will receive a $30 million mandatory convertible loan from Lifera with a six-month term and a conversion price of $2.20 per share. The companies will also enter a strategic collaboration, with CENTOGENE receiving milestone payments and revenue-based royalties until 2033.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 11:32 am

BIIB

Alcyone Therapeutics announced a collaboration with Biogen for a pivotal FDA-approved trial of Alcyone's ThecaFlex DRx System to assess repeat intrathecal access, cerebrospinal fluid aspiration, and delivery of Spinraza (Nusinersen).

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 11:09 am

WAB

Wabtec Corporation (WAB) has received its largest order for 69 locomotives from six Genesee & Wyoming (G&W) railroads, as part of Wabtec's certified pre-owned program.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 11:09 am