Moments before a bankruptcy judge was expected to approve the sale of Luminar’s lidar business, an unidentified party submitted an offer that apparently blew away the leading bid of $33 million. This bid, which emerged just before a hearing Tuesday, kicked off a series of rapid-fire meetings between Luminar’s remaining leadership team and its lawyers,… Continue reading Luminar sale approved despite last-minute mystery bid
Tag: M and A
Bluerock Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on or about February 2, 2026
NEW YORK, Jan. 28, 2026 /PRNewswire/ — Bluerock Acquisition Corp. (Nasdaq: BLRKU) (the “Company”) announced that holders of the units sold in the Company’s initial public offering of 17,250,000 units, which includes 2,250,000 units issued pursuant to the exercise by the underwriters of their overallotment option in full, completed on December 12, 2025 (the “Offering”), may… Continue reading Bluerock Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on or about February 2, 2026
NOBLE CORPORATION PLC COMPLETES SALE OF FIVE JACKUPS TO BORR DRILLING
HOUSTON, Jan. 28, 2026 /PRNewswire/ — Noble Corporation plc (NYSE: NE, “Noble”, or the “Company”) today announced that it has completed the sale of five jackup rigs to Borr Drilling Limited (NYSE: BORR, “Borr”) for $360 million. The Company generated approximately $210 million in cash plus $150 million in seller notes from the sale of the… Continue reading NOBLE CORPORATION PLC COMPLETES SALE OF FIVE JACKUPS TO BORR DRILLING
Securitize and Cantor Equity Partners II Announce Public Filing of Registration Statement on Form S-4
MIAMI and NEW YORK, Jan. 28, 2026 /PRNewswire/ — Securitize, Inc. (“Securitize” or the “Company”), the world’s leading platform1 for tokenizing real-world assets, and Cantor Equity Partners II, Inc. (Nasdaq: CEPT) (“CEPT”), a special purpose acquisition company sponsored by an affiliate of Cantor Fitzgerald, today announced that Securitize Holdings, Inc. (“Pubco”), a wholly owned subsidiary of… Continue reading Securitize and Cantor Equity Partners II Announce Public Filing of Registration Statement on Form S-4
NUVISTA AND OVINTIV ANNOUNCE RECEIPT OF INVESTMENT CANADA ACT APPROVAL
CALGARY, AB, Jan. 28, 2026 /PRNewswire/ – NuVista Energy Ltd. (TSX: NVA) (“NuVista”) and Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (“Ovintiv”) are pleased to announce that the Government of Canada has approved the previously announced proposed acquisition of NuVista by Ovintiv, through its wholly owned subsidiary Ovintiv Canada ULC (the “Transaction”), in accordance with the… Continue reading NUVISTA AND OVINTIV ANNOUNCE RECEIPT OF INVESTMENT CANADA ACT APPROVAL
The Phia Group Notifies Individuals of Data Security Incident
CANTON, Mass., Jan. 28, 2026 /PRNewswire/ — Recently, The Phia Group (“Phia”) determined that some personal information may have been involved in a data security incident that occurred between July 8 and July 9, 2024. The incident began on July 9, 2024, when we discovered suspicious activity that temporarily disrupted the operability of our computer… Continue reading The Phia Group Notifies Individuals of Data Security Incident
Greenberg Traurig Advises Makarora on Closing of $2.1B Plymouth Industrial REIT Acquisition
NEW YORK, Jan. 28, 2026 /PRNewswire/ — Global law firm Greenberg Traurig, LLP represented New York-based Makarora Management LP in the completion of its acquisition, together with Ares Alternative Credit funds, of Plymouth Industrial REIT, Inc., in an all-cash transaction valued at approximately $2.1 billion. The deal, which originally was announced Oct. 24, 2025, closed… Continue reading Greenberg Traurig Advises Makarora on Closing of $2.1B Plymouth Industrial REIT Acquisition
Tesla invests $2 billion in Elon Musk’s xAI cash furnace
Tesla disclosed in its Q4 2025 earnings report that it has invested $2 billion in xAI, Elon Musk’s private AI company. The investment comes while Tesla shareholders are actively suing Musk for breach of fiduciary duty over his founding of xAI in the first place. You can’t make this up. The investment Buried in Tesla’s… Continue reading Tesla invests $2 billion in Elon Musk’s xAI cash furnace
Tesla tops estimates for quarter, but wraps up first annual revenue drop on record
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla reported better-than-expected fourth-quarter results after the bell on Wednesday, but revenue for the year dropped 3%, the first time on record the company has recorded an annual decline. The stock rose 3% in extended… Continue reading Tesla tops estimates for quarter, but wraps up first annual revenue drop on record
Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
Waabi founder and CEO Raquel Urtasun Courtesy of Waabi Autonomous trucking startup Waabi has raised $750 million in a new round of venture funding to expand into the robotaxi market, the company announced Wednesday. Waabi’s series C round is led by Khosla Ventures and G2 Venture Partners, the startup announced Wednesday. The deal is one… Continue reading Autonomous trucking startup Waabi raises $750 million to expand into robotaxis