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Home » Archives for Business Wire » Page 269

WiSA Technologies’ Stockholders Overwhelmingly Approve Purchase of Data Vault Holdings’ Assets

December 23, 2024 By Business Wire

- 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

Prosus to Acquire Latin America’s Leading Online Travel Agency, Despegar, for US$1.7bn

December 23, 2024 By Business Wire

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

Prosus to Acquire Latin America’s Leading Online Travel Agency, Despegar, for US$1.7bn

December 23, 2024 By Business Wire

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

Despegar.com Enters Into Merger Agreement to Be Acquired by Prosus for $19.50 Per Share in Cash

December 23, 2024 By Business Wire

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

VanEck Announces Year-End Distributions for VanEck Equity ETFs

December 21, 2024 By Business Wire

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

AtlasClear Holdings Announces Intent to Effect Reverse Stock Split

December 21, 2024 By Business Wire

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

Sharing Economy Global Strategic Business Report 2024: Market to Reach $1.4 Trillion by 2030, Rising Popularity of Peer-to-Peer Platforms Drives Growth – ResearchAndMarkets.com

December 20, 2024 By Business Wire

DUBLIN--(BUSINESS WIRE)--The "Sharing Economy - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Sharing Economy was estimated at US$287.9 Billion in 2023, and is projected to reach US$1.4 Trillion by 2030, growing at a CAGR of 25.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of … [Read more...] about Sharing Economy Global Strategic Business Report 2024: Market to Reach $1.4 Trillion by 2030, Rising Popularity of Peer-to-Peer Platforms Drives Growth – ResearchAndMarkets.com

Sei Labs Releases New “Giga” Roadmap That Will Bring 50x Improvement to Blockchain Performance

December 20, 2024 By Business Wire

By rebuilding the EVM and scaling to 5 gigagas per second, the equivalent of up to 250k TPS, Sei Labs closes the performance gap between Web2 and Web3 while driving blockchain adoption.NEW YORK--(BUSINESS WIRE)--Sei Labs, the main contributor to Sei, the fastest Layer 1 EVM blockchain, today announced its latest roadmap, dubbed “Giga”, charting its path to becoming the most … [Read more...] about Sei Labs Releases New “Giga” Roadmap That Will Bring 50x Improvement to Blockchain Performance

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