Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Stifel Financial Acquires North Atlantic Capital’s Future Venture Investment Business
Stifel Financial CorporationFebruary 19, 2021 GMT
ST. LOUIS and PORTLAND, Maine, Feb. 19, 2021 (GLOBE NEWSWIRE) Stifel Financial (NYSE: SF) today announced an agreement to acquire the future business of North Atlantic Capital Corporation, based in Portland, Maine. The acquisition further positions Stifel as an active manager of small business investment corporations (“SBIC”) and of venture capital (“VC”) funds. In addition to the acquisition, Stifel has made a financial commitment to invest in the next North Atlantic SBIC. North Atlantic has been re-branded North Atlantic Capital – a Stifel Company.
The Defense Department is still figuring out how to give contractors reciprocity with the Cybersecurity Maturity Model Certification program and similar certifications, but the end is close, officials say.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Stem, Inc. Announces Board of Directors for Post-Merger Public Company
Stem, Inc.February 18, 2021 GMT
MILLBRAE, Calif., Feb. 18, 2021 (GLOBE NEWSWIRE) Stem, Inc. (“Stem”), a global leader in artificial intelligence (AI)-driven clean energy storage systems, today announced its Board of Directors for the combined company that will result from its previously announced merger with Star Peak Energy Transition Corp. (“Star Peak”) (NYSE: STPK), a publicly-traded special purpose acquisition company, expected to be completed during the first quarter of 2021.
ADVERTISEMENT
“We have assembled a best-in-class Board of Directors comprised of seasoned energy, technology and policy leaders,” said John Carrington, Chief Executive Officer of Stem. “The collective experience of the board candidates in renewable energy generation, energy storage, grid services, technology, energy infras
Press release content from Business Wire. The AP news staff was not involved in its creation.
TPC Wire & Cable Acquires Integrated Cable Systems, Inc.
February 18, 2021 GMT
MACEDONIA, Ohio (BUSINESS WIRE) Feb 18, 2021
TPC Wire & Cable (TPC), a portfolio company of Audax Private Equity, announced today that it has completed the acquisition of Integrated Cable Systems, Inc. (ICS), an ISO 9001 certified supplier of custom cables, harnesses, electro-mechanical assemblies and industrial panels. Based in Longmont, Colorado, ICS’s solutions are widely used in medical, test and measurement and other highly sophisticated markets where quality and precision are critical. TPC recently formed its Engineered Products Division to expand its coverage of high-reliability end markets like military, aerospace, medical equipment, and others. The partnership with ICS enhances TPC’s solutions offering to these end-markets by expanding its portfolio of specialized wire and cable solutions for hig
Press release content from Business Wire. The AP news staff was not involved in its creation.
Kismet Acquisition Three Corp. Announces Pricing of $250 Million Initial Public Offering
February 18, 2021 GMT
MOSCOW (BUSINESS WIRE) Feb 17, 2021
Kismet Acquisition Three Corp. (the “Company”) announced today that it priced its initial public offering of 25,000,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Capital Market and trade under the ticker symbol “KIIIU” beginning February 18, 2021. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and redeemable warrants are expected to be listed on the Nasdaq Capital Market under the symbols “KIII” and “KIIIW,” respectively.