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Revolutionary Acquisition: Xos Bolsters Growth with $48 Million Power Move

  • Byfinplate.co
  • Published On27 March 2024
Xos (NASDAQ:XOS) has finalized its acquisition of ElectraMeccanica Vehicles (NASDAQ:SOLO), boosting its balance sheet by approximately $48 million and providing growth capital, following the terms announced on January 11 in an all-stock transaction.
  • In The Spotlight

Vimeo’s Shocking 28% Plummet: A Power Move or Market Woe?

  • Byfinplate.co
  • Published On26 March 2024
Vimeo's (NASDAQ: VMEO) 28% stock drop coincides with speculation of potential acquisition by Bending Spoons SpA amid its market cap of $912 million and a significant decline since its spin-off from IAC/Interactive Corp.
  • In The Spotlight

Blackstone’s £1.5 Billion Flex Office Power Play: Seizing Post-Pandemic Opportunities

  • Byfinplate.co
  • Published On25 March 2024
Blackstone explores £1.5 billion sale of The Office Group, aiming for gains amid WeWork's collapse, eyeing deal by Q1 2025 amidst rising demand for flexible office space.
  • In The Spotlight

Unstoppable Cartica: $40,000 Monthly Boost for Business Combination Deadline Extension!

  • Byfinplate.co
  • Published On24 March 2024
Cartica Acquisition Corp plans to extend its initial business combination deadline, with the Sponsor committing to contribute $40,000 monthly until January 7, 2025, contingent on shareholder approval, impacting per-share amounts and potential redemptions.
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