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Event-Driven Edge
In this edition of the Event-Driven Edge Weekly: Markets brace for the Fed and retail data; AIRO soared +140% post-drone policy shift; Caris Life Sciences and Slide Insurance lead $1B+ IPOs; Meta acquired 49% of Scale AI; and SPAC traders eyed the CCCM–ProCapBTC chatter.
Introducing the Event-Driven Edge
Hope you all had an excellent Father’s Day!
As a reminder, we’ve rebranded this newsletter to focus not just on what happened, but on what’s coming. Each week, we highlight the most important upcoming catalysts, themes, and market-moving events to help you stay ahead.
You’ll still get our curated, structured recaps covering more relevant market activity than any other weekly market newsletter — but now with a sharper edge on what’s next.
Free subscribers get a light overview.
Pro members get the full playbook, with detailed setups, ticker lists, and of course, the full access to the ListingTrack web platform.
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This Week’s Catalysts & Setups
DISCLAIMER: This newsletter is for informational purposes only and does not constitute investment or trading advice. These are event-driven setups we’re watching, not recommendations. See the end of this newsletter for full disclaimer.
🗓 Macro Outlook – Fed, CPI, Retail Sales
The Fed decision lands Wednesday, with May retail sales and housing data hitting Tuesday. A hawkish tone or strong data could rotate capital back into banks, energy, and materials.
Pro subscribers get full macro scenario map with tickers tied to both hawkish and dovish setups. → [Upgrade to Pro with code SETUPS
for 20% off]
Drone Momentum – AIRO Surge + Policy Shift
FAA guidance on eVTOL pilot programs is expected by Q3. Companies in the space may see early movement if policy clarity arrives faster than expected.
Pro users get the rulemaking timeline, plus commercial and dual-use tickers aligned to this theme.
→ [Go Pro with code SETUPS
for 20% off]
⚛️ Nuclear Momentum – SMRs in Focus
The nuclear policy cycle continues with SMRs drawing attention from new siting activity and DoD contracts.
→ [Get the full breakdown with Pro – code SETUPS
for 20% off]
Caris (CAI) & Slide (SLDE) IPOs – $1B+ Offerings
Caris (AI healthcare) and Slide (tech-enabled insurer) both set to IPO this week. They follow strong comps like TEM and ASIC, both of which surged post-IPO.
Pro users get full offering terms, sector context, and sympathy tickers for each sector.
→ [Go Pro Now – 20% off with code SETUPS
]
SPAC Merger Watch
SPAC traders are revisiting the pre-deal “NAV-floor + announcement pop” setup from 2020-2021. Thematic deals in AI, nuclear, and crypto have sparked new momentum in the strategy.
Pro users get a full breakdown of this SPAC strategy.
→ [Track them with Pro – code SETUPS
for 20% off]
Earnings

🔓 This Week’s Pro Recap: 6 Setups Shared
The Pro newsletter with the detailed catalysts/setups is just the surface. Our Pro members also get full, unrestricted access to the ListingTrack web platform, with detailed IPO, M&A, SPAC data, curated dashboards (AI, Nuclear, Defense ++), curated key event-driven updates and screeners.
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You can view today’s Pro edition after you sign up for Pro on our Content Library.
🛠 ListingTrack Platform Update:
We’re launching a SPAC Merger Progress Screen later this week for our Pro users to help you monitor SPACs as they move toward closing their mergers, including key details like initial S-4 dates, all amendment dates, and scheduled merger vote dates.
📊 Stat: Among currently active SPACs and those that closed mergers within the last 12 months:
- Median time from Initial S-4 to Definitive Proxy (set their merger vote) is 140 days
→ You will be able to track all of these filings on the Merger Progress Screen soon! Until then, track SPACs on our SPAC Dashboard.
DISCLAIMER: Everything in this newsletter is for informational purposes only and does not constitute investment or trading advice. These are event-driven setups we’re watching, not recommendations. See the end of this newsletter for full disclaimer.
IPOs & Other Public Listing Recap
IPO/ Listing Action
Past week
Last week, there were 15 listings:
6 Traditional IPOs with strong gains, including Chime (CHYM), Voyager (VOYG), and the top performer: AIRO (AIRO) +140%
2 SPAC IPOs: BACCU and BSAAU
1 De-SPAC: SAFX −65.0%

See more: Latest Listings
Expected IPOs

See more: Upcoming Listings
Industry/Theme Recap
Covered in Alphabetical order: AI + Robotics, Aerospace/Defense, Consumer, Crypto, Energy/Materials/Industrials, Financials/Real Estate, Healthcare, Logistics/Transport/Automotive, Media/Telecom
AI, Robotics, Quantum
Live Coverage: Core AI & Infrastructure theme page, Next Wave AI theme page
Public M&A:
China’s market regulator delayed approval of Synopsys’s $35B acquisition of Ansys after the U.S. tightened chip-design software export controls, pushing completion beyond the expected June timeline.
Prominent Private/ Non-US Listed M&A:
Qualcomm has agreed to acquire Alphawave Semi for an implied enterprise value of approximately $2.4B.
Meta has agreed to acquire a 49% stake in Scale AI for $14.8–$15 billion. The deal involves Meta paying cash directly to Scale AI’s existing shareholders, and Scale AI’s CEO, Alexandr Wang, will take a senior leadership role within Meta, heading a new “superintelligence” lab. Investors in Scale AI will receive payouts but will retain their remaining stakes, and Scale AI will continue to operate as a separate entity, now valued at around $28–$30 billion
Pre-IPO Financings (Series C+ and Prominent):
AI time-tracking startup Laurel raised $100M in Series C financing led by IVP with GV and others to scale its platform that maps employee time to business outcomes.
Elon Musk’s xAI is running a $250M secondary tender offer for employee shares—backed by TPG, ARK Invest, Sequoia and Fidelity ($20M)—that values the company at $113B, separate from talks to raise up to $20B in primary funding at as much as $120B.
Quantum-AI startup Multiverse Computing raised €189M ($215M) in a Series B led by Bullhound Capital to commercialize CompactifAI, its model-compression tech that can shrink LLMs by up to 95 % while preserving performance.
Robotics-software startup Skild AI is raising a Series B valuing it at ~$4.5B, with Samsung investing $10M and Nvidia $25M alongside a $100M lead check from SoftBank to advance AI for consumer robots.
Robotics-inspection firm Gecko Robotics raised $125M in Series D funding led by Cox Enterprises, doubling its valuation to $1.25B and bringing total capital to $347M for expansion of its AI-driven infrastructure monitoring platform.
Robotic-exoskeleton maker Wandercraft closed $75M in Series D equity and debt from Renault Group, Bpifrance’s PSIM fund and others to commercialize its self-balancing personal exoskeleton Eve by 2026 and expand rehab system Atalante X.
Other Situations / Industry Activity / Commentary:
OpenAI’s annualized revenue run-rate hit $10B in Jun-25—up from $5.5B six months earlier—keeping the company on pace for its $12.7B 2025 target even before Microsoft licensing fees or one-off deals, despite a reported $5B loss last year.
French AI startup Mistral unveiled a multi-language reasoning model touted for math and coding accuracy, positioning it against OpenAI’s and DeepSeek’s offerings as it expands its product suite.
AI data-labeling firm Scale AI will lose roughly 200M in 2025 revenue after Google—its largest customer—moves work to rivals in response to Meta’s planned 49 % stake that values Scale at 29B; CEO Alexandr Wang and a small team are set to join Meta while Scale says other customer and government work remains intact.
OpenAI signed a May agreement to add Google Cloud capacity, diversifying beyond Microsoft Azure as its compute demands rise and its annualized revenue run-rate reaches $10B.
Meta sued Hong Kong app maker Joy Timeline over CrushAI ads that generate non-consensual nude images, seeking a court order to bar the company from advertising on Facebook and Instagram after repeated policy violations.
Nvidia and HPE will build the Blue Lion supercomputer for Germany’s LRZ, using next-gen “Vera Rubin” GPUs and coming online in 2027, while Jupiter at Jülich has been confirmed as Europe’s fastest system.
Mark Zuckerberg is forming a ~50-person “superintelligence” unit to chase AGI, personally hiring researchers and pairing the push with a planned multi-billion investment in Scale AI that would value the startup at ~$28B and add founder Alexandr Wang to the team, after disappointment with Llama 4 and delays to Meta’s “Behemoth” model.
The U.K. Financial Conduct Authority will launch an AI “Supercharged Sandbox” in Oct 2025, giving banks access to Nvidia’s accelerated computing and AI Enterprise software to run tightly supervised experiments.
CEO Jensen Huang said Nvidia will omit China from future revenue and profit guidance after U.S. export curbs; he does not expect controls to be lifted and any China upside would be “a bonus.”
AMD introduced next-gen Instinct MI400 GPUs and the Helios rack-scale system, due 2025, letting thousands of chips act as one unit; OpenAI will use the platform, and AMD is positioning the MI400 line as a lower-power, aggressively priced rival to Nvidia’s Blackwell/Vera Rubin offerings.
IBM plans to deploy “Starling,” a 200-logical-qubit quantum computer in Poughkeepsie, NY by 2029, with a larger follow-on system targeted for 2033 to achieve practical quantum advantage.
Aerospace & Defense
Live Coverage: New Space theme page; NextGen Defense theme page
Listings - Launches/ Plans / Rumors:
Palmer Luckey, Founder of defense-tech firm Anduril which is fresh off a $2.5B raise that doubled its valuation to $30.5B, confirmed plans to “definitely” pursue a public listing, saying large government contracts will eventually require public-company status.
Drone-focused aerospace & defense tech firm AIRO raised $60M in an upsized Nasdaq IPO at $10/share (below the $14–$16 range) and closed up 140% at $24, implying a ~$622M market cap; Executive Chair Chirinjeev Kathuria earmarked up to $5M for share purchases, the deal was revived after April’s volatility setback, and AIRO—whose drones are already fielded by NATO allies and in Ukraine—plans to begin U.S. military drone production and pursue DoD certification within six months amid heightened domestic-drone policy support.
Space station developer Voyager Technologies (VOYG) opened trading on its IPO day at $67.00, up 116% from its $31 IPO price. The stock closed at $56.48, -16% from its trading debut giving back some of its IPO pop gains. The stock is still up 82% from IPO price, giving the space station developer a market cap of around $3.2 billion.
Pre-IPO Financings (Series C+ and Prominent):
3D-printed-rocket maker Relativity enacted a 72-for-1 reverse stock split during a new equity investment from Eric Schmidt, sharply diluting existing holders as it pivots from the retired Terran 1 to the larger Terran R due to debut in 2026.
Consumer & Retail
Listings - Launches/ Plans / Rumors:
Apparel company, 707 Cayman Holdings Limited (JEM), priced its $10 million IPO at $4 per share. The company sold 70% of the shares, raising $7 million, while selling shareholders sold the remaining 30% for $3 million. The estimated market cap at IPO is $87.8 million. Lead Left underwriter: Bancroft Capital.
Meat producer JBS completed its dual-listing strategy, starting NYSE trading under “JBS” while its Brazilian investors trade BDRs (JBSS32) on B3, a step executives say broadens global capital-market access and aligns the firm’s structure with its multinational footprint.
Public M&A:
Apollo Global Management and Qatari fund Irth Capital reportedly submitted a buyout proposal to take Papa John’s private, according to Semafor. The rumored deal would value the company near its current market capitalization of around $48.20 per share.
Calavo Growers, Inc. (Nasdaq: CVGW), a leader in fresh produce and avocado-based products, announced it has received an unsolicited, non-binding proposal to acquire all outstanding shares of the company at a nominal valuation of $32.00 per share.
Pre-IPO Financings (Series C+ and Prominent):
Climate-tech firm Beewise closed a $50M Series D led by Fortissimo Capital and Insight Partners, bringing total funding to nearly $170M to accelerate development and deployment of its AI-powered BeeHome units.
Other Situations / Industry Activity / Commentary:
Activist fund Barington Capital, which owns ~1% of Victoria’s Secret, plans a campaign to replace directors and scrap the new poison-pill rights plan, citing sustained underperformance since the 2021 spin-off.
Crypto
Listings - Launches/ Plans / Rumors:
Crypto platform Tron will go public through a reverse merger with Nasdaq-listed SRM Entertainment (SRM), injecting up to $210M of Tron tokens into the renamed Tron Inc.
Bullish, the Peter Thiel-backed crypto exchange, has confidentially filed for a U.S. IPO amid a surge in investor demand for digital assets under the crypto-friendly Trump administration.
Anthony Pompliano is in talks to become CEO of ProCapBTC, which plans to merge with Columbus Circle Capital 1 (CCCM), a recently listed $250M SPAC backed by Cohen & Company, and raise $500M in equity plus $250M in convertible debt (total $750M).
SilverBox IV (SBXD) has entered into a non-binding LOI to merge with Parataxis Holdings, an affiliate of Parataxis Capital Management, to create a publicly traded institutional digital asset management platform.
Renewable-energy firm VivoPower (VVPR) will fast-track a Nasdaq IPO spin-off of its DOGE-mining unit Caret Digital, targeting an implied ~$308M valuation and up to $50M from strategic investors; the unit plans to scale after a successful six-month DOGE pilot, converting mined DOGE into XRP or BTC to optimize returns.
Energy, Materials, and Industrials
Listings - Launches/ Plans / Rumors:
Allied Gold (AAUC) has received approval to list its common shares on the New York Stock Exchange, with trading set to begin on June 9, 2025, under the ticker symbol “AAUC.” The shares will continue trading on the Toronto Stock Exchange and will cease trading on the OTCQX market concurrently.
Critical minerals infrastructure company M2i Global, Inc. (OTCQB: MTWO) will list via reverse merger with Volato Group, Inc. (NYSE American: SOAR).
Planned DuPont electronics spin-off Qnity Electronics added former Flowserve CEO Mark Blinn (chair-designate) and semiconductor-materials veteran Dr. Yi Hyon Paik to its future board ahead of the separation.
Public M&A:
President Trump approved the $14.9B Nippon Steel takeover of U.S. Steel, granting the government a “golden share”; under the national-security pact Nippon will invest $11B in U.S. facilities by 2028, keep blast furnaces running at full capacity for at least 10 years, and avoid layoffs, with the deal now cleared of all regulatory hurdles.
Pre-IPO Financings (Series C+ and Prominent):
German fusion-energy startup Proxima Fusion raised €130M (~$148M) in a Series A round co-led by Cherry Ventures and Balderton Capital—the largest private fusion round in Europe—to fund development of a commercial nuclear-fusion power plant over the next few years.
Fervo Energy, a geothermal developer, secured $206M in new capital via $100M preferred equity (Breakthrough Energy Catalyst), $60M loan upsizing (Mercuria) and $45.6M bridge debt (XRL-ALC) to advance its Cape Station EGS project toward 500 MW online by 2028.
Other Situations / Industry Activity / Commentary:
Rolls-Royce secured U.K. backing to build three small modular reactors, a £33B program expected to create ~3k jobs and power ~3M homes from the mid-2030s, alongside the government’s £14.2B Sizewell C investment.
Bankruptcies / Delistings:
Sunnova Energy International (NOVAQ) filed Chapter 11 bankruptcy on June 8, 2025, in the U.S. Bankruptcy Court for the Southern District of Texas.
Enterprise Software, Cybersecurity
Public M&A:
Self-service commerce tech firm Cantaloupe (CTLP) agreed to be acquired by private rival 365 Retail Markets (a Providence Equity portfolio company) in an all-cash deal valuing Cantaloupe at ≈$848 M; holders will get $11.20 per share (34% premium to May 30 close), with unanimous board approval and fully committed financing, aiming to close H2 2025 pending shareholder and regulatory nods.
Prominent Private/ Non-US Listed M&A:
Cybersecurity firm Wiz’s planned $32B sale to Google is being examined by the U.S. Justice Department’s antitrust division; investigators are interviewing customers and rivals, and Google would owe a $3.2B breakup fee if the deal collapses.
Pre-IPO Financings (Series C+ and Prominent):
Sales-automation startup Clay raised a Series C led by CapitalG at an ≈$3B valuation, just a month after a $20M employee tender at a $1.5B valuation; CEO Kareem Amin says annual tender offers are planned.
VPN-software startup Tailscale, valued at $1.5B after a $160M Series C in Apr-25, has doubled revenue annually as AI firms adopt its secure networking and is mapping out an IPO in about five years while rejecting M&A overtures.
Developer-analytics platform PostHog raised $70M at a $920M valuation in a round led by Stripe (with YC, GV and Formus Capital) to expand its all-in-one “customer infrastructure” suite.
Software-workflow vendor Linear secured an $82M Series C led by Accel, valuing the company at $1.25B and funding growth of its bug-triage, product-management and AI coding-assist tools.
Cyera, a data-security firm, raised a $540M Series E led by Georgian, Greenoaks and Lightspeed at a $6B valuation, just seven months after its $300M Series D, to scale its AI-driven data inventory and access-control platform.
Enterprise search company Glean secured $150M in Series F funding led by Wellington Management at a $7.2B valuation to accelerate product innovation, partner expansion and international growth.
Security-automation platform Swimlane obtained $45M in growth funding from Energy Impact Partners, Activate Capital and Trinity Capital to accelerate product innovation and channel expansion as it targets profitability in Q3 2025.
Emergency-call software developer Carbyne is raising $100M in a round led by AT&T, adding to prior backing from investors such as Cox and Valor to scale its AI-enabled cloud platform for 911 centers.
Enterprise connectivity provider Meter raised $170M Series C led by General Catalyst (with Microsoft, Sequoia, Baillie Gifford and others) to scale its integrated internet, Wi-Fi and cellular networking solution for large enterprises.
Other Situations / Industry Activity / Commentary:
Short seller Culper Research published a report targeting AppLovin (APP) titled 'Behind the Red Curtain – CCP Intelligence, Human Trafficking, Money Laundering; Undisclosed Stock Pledges; Secret Chinese e-Commerce Deals'.
Fintech & Financial Services, Insurance, Real Estate
Listings - Launches/ Plans / Rumors:
Digital bank Chime Financial (CHYM) opened trading after its IPO at $43.00, up 59% from its $27 IPO price. The stock gave back some of its IPO pop gains, closing at $37.11 (-14% from its trading debut). The stock is still up 37% from IPO price, giving the digital bank a market cap of around $13.5 billion.
Slide Insurance Holdings, Inc. (SLDE) launched its IPO roadshow and published an IPO investor presentation on Retail Roadshow. SLDE is looking to raise between $300 million and $340 million by selling 20 million shares at $15-17 per share. At the pricing midpoint, the market cap at IPO would be around $1.9 billion. Per the presentation, the IPO is expected to price on Jun 17 and begin trading on NASDAQ on Jun 18. Lead underwriters: Barclays, Morgan Stanley.
Ategrity Specialty Holdings LLC (ASIC) priced its $113.3 million IPO at $17 per share. Est. market cap at IPO of $800.1 million. Lead Left underwriter: J.P. Morgan.
Modular housing firm BOXABL entered a non-binding letter of intent to merge with a Nasdaq-listed SPAC (unnamed); existing shareholders would roll 100% of their equity into a combined company that would remain on Nasdaq, with the deal still subject to due diligence, a definitive agreement, and board and shareholder approvals, and no assurance it will close.
Canadian fintech Wealthsimple posted record C$73B assets under administration by Mar-25—nearly double YoY—and said an IPO remains the goal but will wait until market timing “makes sense,” buoyed by patient backing from majority owner Power Corp.
Pre-IPO Financings (Series C+ and Prominent):
Fintech platform Ramp gained a $16B valuation after a $200M round led by Founders Fund, up from $13B earlier this year, to expand its corporate card and spend-management offerings.
Healthcare
Listings - Launches/ Plans / Rumors:
Caris Life Sciences, Inc. (CAI) launched its IPO roadshow and published an IPO investor presentation on Retail Roadshow. CAI is looking to raise between $376 million and $424 million by selling 23.5 million shares at $16-18 per share. At the pricing midpoint, the market cap at IPO would be around $5.05 billion. Per the presentation, the IPO is expected to price on Jun 17 and begin trading on NASDAQ on Jun 18. Lead underwriters: BofA Securities, J.P. Morgan, Goldman Sachs & Co. LLC, Citigroup.
Medtronic named its soon-to-be-spun diabetes business “MiniMed,” reviving the original 40-year brand as it prepares to separate the unit into a standalone company.
GlycoMimetics completed its reverse merger with Crescent Biopharma, executed a 1-for-100 reverse split, changed its name and CUSIP, and began trading on Nasdaq as CBIO effective Jun 16 2025.
Public M&A:
Elevation Oncology, Inc. (Nasdaq: ELEV), a company developing precision therapies for solid tumors, has entered into a definitive merger agreement to be acquired by Concentra Biosciences, LLC in a cash and CVR-based transaction.
BioNTech SE (Nasdaq: BNTX) has entered into a definitive agreement to acquire all outstanding shares of CureVac N.V. (Nasdaq: CVAC) in an all-stock transaction valued at approximately $1.25 billion.
Supernus Pharmaceuticals (SUPN) will acquire Sage Therapeutics (SAGE) via tender offer for $8.50 per share cash (~$561M) plus a non-tradable CVR of up to $3.50 tied to ZURZUVAE sales/milestones, for total potential consideration of ~$795M; funded from Supernus’s cash, boards have approved, and closing is targeted for Q3 2025 subject to customary conditions.
Bankruptcies / Delistings:
23andMe's (OTC:MEHCQ) Founder Anne Wojcicki and her nonprofit TTAM Research Institute won a court-ordered re-auction for 23andMe’s DNA-data assets with a $305M bid, topping Regeneron’s prior $256M offer; Regeneron is backup bidder at $151M if the sale to Wojcicki/TTAM fails. The deal, which adds stricter limits on data use, still requires bankruptcy-court approval later this month amid state objections over privacy.
Logistics, Transportation & Travel, Autos
Live Coverage: Logistics theme page
Listings - Launches/ Plans / Rumors:
Shipbroker Vantage Corp (VNTG) priced its $13 million IPO at $4 per share. Est. market cap at IPO of $125 million. Lead Left underwriter: Network 1 Financial Securities.
Public M&A:
Dada Nexus shareholders have approved the merger agreement with JD Sunflower Investment Limited and its subsidiary, JD Sunflower Merger Sub.
Prominent Private/ Non-US Listed M&A:
Shareholders re-elected Akio Toyoda as chair even as critics challenge the ¥4.7 trn ($33B) tender offer for Toyota Industries, priced at an 11.4% discount to the pre-announcement share price.
Ride-hailing and delivery group Grab said it is not discussing the previously mooted ~$7B takeover of Indonesia’s GoTo, citing no current talks and reaffirming a cautious, regulation-aware approach to M&A in the region.
Pre-IPO Financings (Series C+ and Prominent):
Delivery-robot maker Coco Robotics disclosed $80M in funding from 2021-24 rounds backed by Sam Altman, Max Altman, Pelion Venture Partners, and Offline Ventures; its zero-emission robots have completed >500,000 deliveries for national food retailers, and an OpenAI partnership provides real-world data for model training.
Other Situations / Industry Activity / Commentary:
Uber will pilot fully driverless Wayve robotaxis in London next spring, using Rivian vans as mobile bases while it awaits UK legislation that will allow commercial autonomous ride-hailing.
eVTOL developer Archer Aviation raised 850M after a Trump executive order establishing an eVTOL Integration Pilot Program; the cash bolsters its U.S. expansion plan ahead of its LA 28 Olympic Games air-taxi role and follows plans to showcase its Midnight aircraft at the Paris Air Show while coordinating with DOT and FAA.
Media, Telecom, Entertainment
Listings - Launches/ Plans / Rumors:
Multi-club soccer investor Eagle Football confidentially filed for a U.S. IPO with UBS; the listing is part of a $1.1B recapitalization plan and may be preceded by a sale of its Crystal Palace stake to satisfy UEFA multi-club ownership rules.
Warner Bros. Discovery (WBD) will split by mid-2026 into two listed entities: Streaming & Studios (HBO, Warner Bros., DC, games, tours) led by CEO David Zaslav, and Global Networks (CNN, TNT Sports, Discovery, Discovery+, Bleacher Report) led by CFO Gunnar Wiedenfels.
Public M&A:
Shutterstock shareholders have approved the proposed merger with Getty Images, with approximately 82% of outstanding shares voting in favor.
Prominent Private/ Non-US Listed M&A:
Disney paid an additional $438.7M to complete its buy-out of Comcast’s 33% stake in Hulu, giving it full ownership ahead of deeper integration with Disney+ and ESPN’s forthcoming DTC service.
Tencent is studying a potential ~$15B acquisition of South Korea’s game developer Nexon by negotiating with the late founder’s family, which controls 44.4% of Nexon through holding firm NXC.
Pre-IPO Financings (Series C+ and Prominent):
Private golf-course operator Arcis Golf bought three Atlanta-area clubs from Invited, bringing its portfolio to 70 courses; the transaction (undisclosed terms) comes as Arcis is valued at about $2B including debt after 18 acquisitions in three years.
Other Situations / Industry Activity / Commentary:
Disney and NBCUniversal parent Comcast’s Universal unit jointly sued AI image-generator Midjourney for allegedly creating and distributing unlicensed depictions of characters from franchises such as Star Wars, The Simpsons and The Avengers.
Thanks for reading,
The team at ListingTrack
Market Data and Coverage: All market data presented is based on the stock prices at the close of the previous trading day. We cover the US market only at this time.
DISCLAIMER: The information provided in this newsletter is for informational purposes and for your convenience only and is not intended to be treated as financial, investment, tax, or other advice. The author or guest authors may have positions in any of the stocks discussed. ListingTrack and its parent, CommonFi, do not make any guarantees, representations, or warranties as to, and shall have no liability for, the timeliness, truthfulness, sequence, quality, completeness, or accuracy of any of the information or data provided in this newsletter or on the ListingTrack website.