The round will accelerate Guesty’s international business growth, fuel continued expansion into new verticals, and enhance its industry-leading property management technology and platform to meet the evolving needs of every type of hospitality operator LOS ANGELES and TEL AVIV, Israel, Aug. 16, 2022 /PRNewswire/ — Guesty, the leading property management platform for the short-term rental… Continue reading Guesty Raises $170 Million to Power the Next Generation of the Hospitality and Property Management Industry
Tag: Morgan
KAR Global Announces Early Results for Cash Tender Offer for Notes
CARMEL, Ind., Aug. 16, 2022 /PRNewswire/ — KAR Auction Services, Inc., d/b/a KAR Global (NYSE: KAR) (the “Company”), today announced early results of its previously announced cash tender offer (the “Tender Offer”) to purchase up to $600,000,000 principal amount of its 5.125% Senior Notes due 2025 (CUSIP Nos. 48238TAA7 / U24457AA8) (the “Notes”), exclusive of… Continue reading KAR Global Announces Early Results for Cash Tender Offer for Notes
Digit Insurance files for IPO, joins loss-making Indian startups looking to go publicDigit Insurance is backed by Fairfax, Sequoia Capital, A91 Partne…
India’s Digit Insurance, backed by the Canadian billionaire Prem Watsa’s Fairfax Group, has filed the draft red herring prospectus (DRHP) for its initial public offer (IPO) with the market regulator Securities and Exchanges Board of India (Sebi), on Tuesday. According to media reports, the size of the IPO is likely to be around $440 million.… Continue reading Digit Insurance files for IPO, joins loss-making Indian startups looking to go publicDigit Insurance is backed by Fairfax, Sequoia Capital, A91 Partne…
Sabre Corporation Announces Refinancing of Term B Loans
SOUTHLAKE, Texas, Aug. 15, 2022 /PRNewswire/ — Sabre Corporation (“Sabre”) (Nasdaq: SABR) today announced a refinancing of a portion of its existing indebtedness. Sabre incurred no additional indebtedness as a result of the refinancing above the refinanced amount, other than amounts covering the original issue discount (OID), certain interest, fees and expenses. The refinancing has… Continue reading Sabre Corporation Announces Refinancing of Term B Loans
Conrad Industries Announces Second Quarter 2022 Results and Backlog
MORGAN CITY, La., Aug. 15, 2022 /PRNewswire/ — Conrad Industries, Inc. (OTC Pink: CNRD) announced today its second quarter and six months ended June 30, 2022 financial results and backlog at June 30, 2022. For the quarter ended June 30, 2022, Conrad had net loss of $3.4 million and loss per diluted share of $0.67… Continue reading Conrad Industries Announces Second Quarter 2022 Results and Backlog
Jeep Maker May Invest Billions to Make EVs in Mexico
(Bloomberg) — Stellantis NV is considering renovating a plant in Mexico to build hybrid and electric vehicles as it transforms its lineup to meet surging demand for battery-powered transport. Most Read from Bloomberg The owner of the Jeep, Peugeot and Ram brands is contemplating a retooling of its factory in Saltillo, Coahuila, one of northern… Continue reading Jeep Maker May Invest Billions to Make EVs in Mexico
@niche: Burning cash, commercial EV startups race to deliver vehicles002087
NUNEATON, England, Aug 9 (Reuters) – A handful of commercial electric vehicle (EV) startups are burning through cash fast, racing to bring vans or trucks to market before the funds run out or customers choose to buy from legacy automakers like Ford Motor Co or General Motors Co (GM.N). Boosted by investor hunger to create… Continue reading @niche: Burning cash, commercial EV startups race to deliver vehicles002087
@niche: Truck Tech: Cutting corners edition002086
Israeli electrification startup Ree Automotive, Morgan Olson and EAVX showed a proof-of-concept step van this week that could revolutionize the segment — four-wheel steering by wire with 57% better aerodynamics than the rolling bricks that deliver your packages today. Ree’s a crowd Ree Automotive is one of those special purpose acquisition company-backed startups that took… Continue reading @niche: Truck Tech: Cutting corners edition002086
@niche: Concept EV, Drive-By-Wire Van Aims To Shake Up Last-Mile Delivery Industry002085
Proxima battery electric, drive-by-wire concept delivery van during test drive event at the American … [+] Mobility Center, Ypsilanti, Mich., July 27, 2022. Ed Garsten Developers of a new concept delivery van say it helps solve the key issues of driver fatigue, energy savings, improved efficiency and safety and lowering the total cost of ownership… Continue reading @niche: Concept EV, Drive-By-Wire Van Aims To Shake Up Last-Mile Delivery Industry002085
Best Monoculars in 2022
Whether you’re a fledgling birder, white-tail tracker, or private eye, monoculars are a tool of the trade. Monoculars are designed with powerful optics for surveillance, zooming right up on the action, and giving you the spotting power you need. Lighter and cheaper than binoculars, monoculars are a great tool where mobility is important. Most monoculars… Continue reading Best Monoculars in 2022