Funding News

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced the results of its 2026 Annual Meeting of Stockholders (the “Annual Meeting”) held today, May 22nd, at which the Company’s stockholders approved all of the submitted proposals, which were meant to enhance FF’s financial stability and empower the leadership team to execute its strategic plan...

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) and Fifth Third Financial Corporation (“FTFC”) announced that, in connection with the previously announced offers to Eligible Holders (as defined herein) to exchange (each an “Exchange Offer” and collectively, the “Exchange Offers”) any and all outstanding notes originally issued by Comerica Incorporated and assumed by FTFC as successor by merger as set forth in the table below (the “Existing FTFC Notes”) for (1) up to $1,550,000,0...

GENEVA--(BUSINESS WIRE)--Three global teams developing early detection and real-time population health monitoring solutions have secured a total of USD 300,000 on the sidelines of the 79th World Health Assembly. The winning solutions address critical challenges in early detection, continuous population insight and more timely decision making, signalling a shift in health systems from late-stage treatment to earlier intervention. Selected from 393 submissions across 68 countries, the winning tea...

DUBLIN--(BUSINESS WIRE)--Brera Holdings PLC (Nasdaq: SLMT) (the “Company” or “Solmate”) announced that Ron Sade, Chief Executive Officer, and Keren Maimon, Member of the Board of Directors (the “Board”), made a combined personal equity investment of more than $10 million in the Company through a registered direct offering of an aggregate of 2,298,000 Class B ordinary shares at a price of $4.97 per share, a premium to the current market price. The investment reflects senior leadership’s convicti...

KENNEDY SPACE CENTER, Fla.--(BUSINESS WIRE)--Starfighters Space, Inc. (“Starfighters Space” or the “Company”) (NYSE American: FJET), the space company operating the world’s only commercial fleet of flight-ready MACH 2+ supersonic aircraft, today announced a $17.5 million strategic equity investment led by global institutional investors. The Company intends to use the capital to support operational expansion, infrastructure development, and continued advancement of its STARLAUNCH platform, inclu...

QUEBEC CITY--(BUSINESS WIRE)--iA Financial Group (the “Company”) announced today an offering of $500 million aggregate principal amount of 4.158% fixed/floating unsecured subordinated debentures (the “Debentures”) due May 26, 2036 (the “Offering”). The Offering is expected to close on or about May 26, 2026. The Company intends to use the net proceeds from the sale of the Debentures for general corporate purposes, which may include investments in subsidiaries and repayment of indebtedness. The D...

NEW YORK--(BUSINESS WIRE)--Cushman & Wakefield (NYSE: CWK), a global real estate services firm, announced that it has arranged $74.1 million in financing on behalf of the Silicon Valley Initiative Partnership for the conversion of the historic Bank of Italy building at 12 South 1st Street in downtown San Jose, California. The financing was provided by Deutsche Bank. The project involves the adaptive reuse of the iconic Bank of Italy building, transforming the 13-story historic office tower...

BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce it has led the financing of Wood Partners’ Alta Altitude housing project, a 214-unit luxury, 100% market-rate apartment development in Warwick, RI. Eastern provided a $31 million construction loan for the project, which is located within the City of Warwick’s City Centre, a 95-acre Master Plan that calls for more than 1.5 million square feet of office, retail, hotel, commercial and residential space. The luxury property includes high-...

ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), the corporate payments and expense management company today announced that it closed an amendment to increase its revolving credit facility by $925 million to $3.7 billion and increase its Term Loan A by $420M to $3.3 billion, both for new 5-year terms. The USD interest rates are 10 basis points lower than the existing facilities. The Company plans to use $1 billion of the proceeds to pay down a portion of its Term Loan B and refinance a port...

SAN JOSE, Calif.--(BUSINESS WIRE)--Hark, a new AI lab building advanced personalized intelligence, today announced it has raised over $700 million in Series A funding at a $6 billion post-money valuation. The round was oversubscribed and led by Parkway Venture Capital, with participation from NVIDIA, Align Ventures, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Prime Movers Lab, Qualcomm Ventures, Salesforce Ventures, and Tamarack Global. The funding will accelerate Hark's dev...