The new incubator, ‘tao5’, will support subnets on Bittensor and operate one of the largest validators on the network. Tekin Salimi, founder and managing partner of dao5, will spearhead tao5’s incubation pipeline.LONDON--(BUSINESS WIRE)--Today, crypto investment firm dao5 has announced the launch of ‘tao5’, a new incubator dedicated to supporting early-stage subnets on the … [Read more...] about dao5 Acquires Third Largest Validator on the Bittensor Network and Launches New Incubator Program

Joining the Board of Directors: Asheet Mehta, Former Senior Partner at McKinsey & Company and Former Co-Lead of the Firm's Global Financial Services Practice Alison Davis, Former CFO of Barclays Global Investors with experience as a member of 25 boards, including Fiserv, First Data Corp, City National Bank, Janus Henderson and Kraken NEW YORK--(BUSINESS WIRE)--Pagaya … [Read more...] about Pagaya Announces Appointment of Two Fintech Veterans as Independent Directors to its Board

- Fairness opinion valued Data Vault’s assets between $266M and $501M - - 40 million shares of WiSA common stock to be issued at closing of the transaction plus a $10 million 3-year Note - - Creates licensing and technology company with extensive patent portfolio for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, and … [Read more...] about WiSA Technologies’ Stockholders Overwhelmingly Approve Purchase of Data Vault Holdings’ Assets

AMSTERDAM & JOHANNESBURG--(BUSINESS WIRE)--Prosus, a global technology company, today announces that it has entered into a definitive agreement to acquire Despegar (NYSE: DESP) a leading Latin American Online Travel Agency (OTA), for $19.50 per share, equating to a 33% premium to the closing share price as of 20 December 2024, and a 34% premium to Despegar’s 90-day VWAP (volume … [Read more...] about Prosus to Acquire Latin America’s Leading Online Travel Agency, Despegar, for US$1.7bn

AMSTERDAM & JOHANNESBURG, South Africa--(BUSINESS WIRE)--Prosus, a global technology company, today announces that it has entered into a definitive agreement to acquire Despegar (NYSE: DESP) a leading Latin American Online Travel Agency (OTA), for $19.50 per share, equating to a 33% premium to the closing share price as of 20 December 2024, and a 34% premium to Despegar’s … [Read more...] about Prosus to Acquire Latin America’s Leading Online Travel Agency, Despegar, for US$1.7bn

Key Highlights: Despegar, a global leader in online travel services, and Prosus, a leading global technology company, join forces in an all cash transaction Shareholders of Despegar will receive $19.50 per share in cash, which represents an approximately 33% premium over its closing price of $14.65 and a premium of approximately 34% over its 90-day volume weighted average … [Read more...] about Despegar.com Enters Into Merger Agreement to Be Acquired by Prosus for $19.50 Per Share in Cash

NEW YORK--(BUSINESS WIRE)--VanEck announced today the following 2024 annual distributions per share for its VanEck® equity exchange-traded funds. Distributions Per Share for the VanEck ETFs Listed Below Ex-Date: December 23, 2024 | Record Date: December 23, 2024 | Payable Date: December 24, 2024 Fund Ticker   Income Approximate % of Income from PFICs Short-Term Capital … [Read more...] about VanEck Announces Year-End Distributions for VanEck Equity ETFs

Common Stock Will Begin Trading on a Split-Adjusted Basis on January 2, 2025TAMPA, Fla.--(BUSINESS WIRE)--AtlasClear Holdings, Inc. (NYSE American: ATCH) (“AtlasClear Holdings” or the “Company”) today announces that it intends to effect a 1-for-60 reverse stock split of its issued and outstanding shares of common stock (the “Reverse Stock Split”). The Reverse Stock Split will … [Read more...] about AtlasClear Holdings Announces Intent to Effect Reverse Stock Split