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ProPhase Labs Inc. (PRPH) last week announced closing of an unsecured debt financing totaling $10 million. The company completed the process by issuing two unsecured promissory notes. The partially convertible notes equals to an aggregate amount of $10 million. Each issued Note will become due and is payable after...
SG Blocks Inc. (SGBX) has recently made its way into the U.S. test lab market by forming a joint venture with Clarity Diagnostics. SG Blocks is a leading company involved in the designing, innovating and fabricating container-based structures, while Clarity is leading the market as manufacturer of diagnostic equipment,...
Genasys Inc. (GNSS) signed a definitive acquisition agreement with Amika Mobile. Genasys is a leading provider of critical communications systems and solution while Amika Mobile is an enterprise software company based in Canada which provides solutions for critical event situational awareness as well as products for communications and controls.
China Xiangtai Food Co. Ltd. (PLIN) late last month came opening a restaurant in Chongqing, China. With the grand opening of that restaurant, the company paved the way for its hot pot restaurant strategy. China Xiangtai Food is an increasingly growing company attached with the food processing business in...
NN, Inc. (NNBR) recently came to an agreement of selling its Life Sciences division to American Securities LLC’ affiliated company. The divestment deal is worth $825 million which is likely to be completed before end of this year subject to the fulfillment of customary closing conditions.
Microbot Medical Inc. (MBOT) recently completed its feasibility animal study successfully. The study was concluded using LIBERTY Robotic System, company’s surgical robotic system which is world’s first for being fully disposable system. The study achieved all its end point targets without facing any adverse incident in using that system....
OneWater Marine Inc. (ONEW) last week went through a pricing of an underwritten public offering. Shares of company’s Class A common stock totaling 3,170,868 in numbers with par value of $0.01 per share were offered at a per share price of $20.00. The company is offering 425,000 shares of...
Nam Tai Property Inc. (NTP) last week announced the grand opening of Nam Tai Inno Park. The company used its brand launching event of Technology and Industry Development Summit held on September 10, 2020. The event with a motto of "Tech Empowerment • Greater Bay Area" was held at Guangming Community Sports Center. Business partners...
Shares of Reading International, Inc. (RDI) surged 23.00% on Thursday after an insider selling transaction. Company’s director McEachern Douglas James sold 5,000 shares at a per share price of $3.35 pocketing $16,750. The stock is in green for the weekly and quarterly performances but is in red for monthly,...
AmericanVirtual Cloud Technologies Inc. (AVCT) recently came to a definitive agreement with and Ribbon Communications Inc. (RBBN) for acquiring its cloud communications platform Kandy Communications. Through all-stock transaction, AVCtechnologies will get an access to Kandy Communications’ leading proprietary, multi-tenant and highly scalable technology. AVCtechnologies is in the industry for more than...