Merger & Acquisition News

NEWARK, Del.--(BUSINESS WIRE)--ANP Technologies, Inc. (ANP) announced the termination of the binding acquisition Term Sheet with Sorrento Therapeutics, Inc. (SRNE), effective September 28, 2021. The effect of this termination now allows ANP to freely explore other business opportunities with parties interested in ANP’s diagnostic and platform drug delivery technologies. Moreover, ANP received Emergency Use Authorization (EUA) for its NIDS® COVID-19 Antigen Rapid Test Kit from the U.S. Food and...

BARRANQUILLA, Colombia--(BUSINESS WIRE)--Procaps Group Completes Business Combination with Union Acquisition Corp. II...

NEW YORK--(BUSINESS WIRE)--Shapeways, Inc. (“Shapeways”) a leader in the large and fast-growing digital manufacturing industry, today announced the completion of its business combination with Galileo Acquisition Corp. (“Galileo”), a special purpose acquisition company. The combined company has been renamed Shapeways Holdings, Inc. (the “Company”). Its common stock and public warrants are expected to begin trading on the NYSE on September 30 under the new tickers “SHPW” and “SHPW.WS”, respective...

CAMPBELL, Calif.--(BUSINESS WIRE)--Velo3D, Inc. (the “Company” or “Velo3D”), a leading additive manufacturing technology company for mission-critical metal parts, today announced it has completed its merger with JAWS Spitfire Acquisition Corporation (“JAWS Spitfire”) (NYSE: SPFR), a special purpose acquisition company, to become publicly traded. The combined company will retain the name Velo3D and its common stock will begin trading on the New York Stock Exchange under the ticker symbol “VLD” a...

RIDGELAND, Miss. & NEW ORLEANS--(BUSINESS WIRE)--BancPlus Corporation (“BancPlus”), the parent company of BankPlus (“BankPlus”), and First Trust Corporation (“First Trust Corporation”), the parent company of First Bank and Trust (“First Bank and Trust”), jointly announced today the signing of a definitive merger agreement pursuant to which BancPlus will acquire First Trust Corporation. Subject to the terms of the merger agreement, First Trust Corporation shareholders will receive shares of Banc...

NEW YORK--(BUSINESS WIRE)--Benefit Street Partners Realty Trust, Inc (“BSPRT” or the “Company”) announced that its Board of Directors has declared a third quarter 2021 common dividend of $0.355 per common share. The dividend is payable on or about October 1, 2021 to common stockholders of record as of September 30, 2021. Important Additional Information About the Merger and Where to Find It In connection with the proposed merger transaction contemplated by the Agreement and Plan of Merger, date...

SAN FRANCISCO--(BUSINESS WIRE)--PRO Unlimited, the integrated workforce management platform provider, announced the acquisition of WillHire, a leader of direct sourcing, worker experience/candidate engagement, and talent pool solutions. The addition of WillHire to DirectSource PRO, which PRO launched in April 2021 in partnership with Eightfold.AI, further enables organizations to source the best talent through one centralized platform. DirectSource PRO drives unprecedented efficiency, cost savi...

HOLDEN, Mass.--(BUSINESS WIRE)--Alden Research Laboratory joins Round Table Capital’s (RTC’s) sponsored national platform of companies....

ATLANTA--(BUSINESS WIRE)--New Minority Depository Institution (MDI) Innovation Committee formed to uplift and modernize community-driven Black banking sector....

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based software for property and casualty (P&C) carriers, brokers, and MGAs today announced that it has completed the acquisition of AuSuM Systems. AuSuM Systems, which stands for “Audit and Survey Management,” provides fully integrated, cloud-native software for P&C carriers. AuSuM’s solutions empower insurers to automate their entire premium audit and loss control processes and significantly improve efficiency and...