Equinox Gold and Premier Gold announced that Equinox Gold will acquire Premier Gold and concurrently, Premier Gold will spin-out its Nevada-based assets into a new company to be called i-80 Gold Corp. Transaction values assets at ~US$160 per reserve ounce and ~US$50 per resource ounce. [more]
This week, Airbnb, a U.S. technology company with a home rental platform, IPO’d on the NASDAQ under the ticker “ABNB”. Airbnb recently raised its IPO offering price to $68 per share, valuing Airbnb as much as $50 billion. [more]
Fidelity Minerals is a junior exploration company engaged in the acquisition, exploration, and development of resource properties with a focus on Peru. The 3 main, short-term, corporate goals include: (1) develop existing gold & copper projects; (2) expand project portfolio with accretive acquisitions; and, (3) define at least 1 million-ounce gold resource within 3 years. [more]
C3.ai, a U.S. enterprise AI software provider, listed on the NYSE under the ticker “AI”. C3.ai raised proceeds of over $650M with an approximate valuation of $4B. [more]
Lordstown Motors, an EV start-up based in the U.S., listed publicly on the NASDAQ through a merger with DiamondPeak. Lordstown’s stock has increased by 39% since it started trading publicly last month. [more]
Salesforce, a leading CRM platform, announced the acquisition of Slack, an enterprise communications platform. The transaction provided Slack with an enterprise value of $28 billion and an EV/Revenue of 32x based on Slack’s forecasted revenue for 2021. [more]
Peak’s revenue in Q3/2020 doubles to $15.1M compared to $7.3M in Q2/2020. Revenue for the quarter was 35% higher than our estimate of $11.2M and illustrates the adoption of Peak’s solutions in the marketplace. [more]
Graphene-based products manufacturer sees increased demand driven by COVID-19 pandemic and reported its strongest quarter to date with revenue of US$1.2 million, a 497% increase. [more]
The market is in its typical seasonal period of strength. November was strong and December is off to a great start. The year-end rally is upon us. Do not fight the tape. But know that there will someday be a reckoning. But by how much and when …? [more]
In August, Duck Creek listed publicly on the NASDAQ, raising $405M after pricing its IPO at $27 per share. At the close of its first trading day, DCT’s stock reached $40 per share, a 48% increase from the listing price. [more]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes