Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

NextDecade Announces $50 Million Senior Secured Revolving Credit Facility and $12.5 Million Interest Term Loan

Business Wire
NextDecade Corporation announced today that its wholly owned subsidiary, NextDecade LNG, LLC, has entered into a credit agreement with MUFG Bank, Ltd. as lender and administrative agent that provides for a $50 million senior secured revolving credit facility (the “Revolving Credit Facility”) and a $12.5 million interest term loan (the......

Chai, the Social AI Platform, Achieves Valuation of $450 Million

Business Wire
The investment brings the total capital invested in Chai to over $10 million. Chai is the leading platform for social AI, empowering the community to create and experience the world’s most entertaining AI AI platform Chai today announced CoreWeave, the leading specialized GPU cloud provider, will invest in the company,......

Tradeweb Reports December 2023 Total Trading Volume of $28.9 Trillion and Average Daily Volume of $1.46 Trillion

Business Wire
Month of December 2023 ADV up 43.3% YoY Fourth Quarter 2023 ADV up 56.9% YoY Full Year 2023 ADV up 27.6% YoY Tradeweb Markets Inc. a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for the month of December 2023......

Vensana Capital Strengthens Team with Promotions and Addition of Venture Partner

Business Wire
Vensana Capital, a leading medical technology-focused venture capital and growth equity investment firm, today announced the promotions of Amrinder Singh, Cynthia Yee, Greg Banker, and Mike Kramer to Partner and Steve Schwen to Partner & Chief Financial Officer. The firm also announced the addition of veteran medtech leader Bill Hoffman......

Intel to Report Fourth-Quarter and Full-Year 2023 Financial Results

Business Wire
Intel Corporation today announced that it will report fourth-quarter and full-year 2023 financial results on Thursday, Jan. 25, 2024, promptly after close of market. Intel will then hold an earnings conference call at 2 p.m. PST that day to discuss the results. Read More About Fintech Interviews: Global Fintech Interview with......

Geospace Technologies Sells $30M in Ocean Bottom Nodes

Business Wire
Geospace Technologies Corporation (NASDAQ: GEOS) today announced a $30 million contract with an international marine geophysical services provider for the purchase of the Company’s latest shallow water ocean bottom nodes known as Mariner™. This contract replaces the approximately $20 million contract announced in June 2023. Delivery of the Mariner products......

RevsUp Introduces Recruiting Industry’s First Performance-Based Pricing Model

Business Wire
RevsUp, a leading North American sales recruitment firm, today announced a groundbreaking pricing model where companies pay a fee after their hires have generated revenue for the company. The new model contains three key components – each unprecedented in the space. No more antiquated “percentage-of-salary” fee structure. Instead, companies will evaluate their......

KBRA Releases Research – 5- and 10-Year Deal Credit Metrics

Business Wire
KBRA releases a report comparing the credit metrics between the 2023 5-year and 10-year conduit deals. In 2023, the commercial real estate (CRE) securitization market offered 5-year fixed rate loans to borrowers hesitant to lock in longer-term 10-year loans. This led to the market’s first CMBS conduit deal issuance that......

KuCoin Labs Announces Its Strategic Investment in ISSP, the First Cross-chain Inscription Protocol on Sui, to Advance Users’ Inscription Experience

Business Wire
In a significant move underpinning its commitment to blockchain technology innovation, KuCoin Labs has announced its investment in ISSP. This investment is aimed at supporting the development of ISSP’s ground-breaking inscription protocol, which operates on the cutting-edge Sui network, known for its high throughput and scalability. ISSP is the first......

Resolute Investment Managers Announces Strategic Transformation Milestone

Business Wire
Company Completes Recapitalization to Strengthen Capital Structure Under New Ownership, Company Enhances Ability to Drive Growth and Provide Exceptional Service and Diversified Investment Solutions to Clients Resolute Investment Managers, Inc. (“Resolute” or the “Company”), a diversified, multi-affiliate asset management platform with more than 30 affiliated and independent relationships, today announced......
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