Social gaming platform Rec Room said on Monday it fetched a valuation of $3.5 billion after raising $145 million in a funding round led by hedge fund Coatue Management, riding on the pandemic-fueled boom in digital entertainment. Other existing investors who...
Biotechnology company Senti Biosciences Inc has agreed to go public through a merger with blank-check firm Dynamics Special Purpose Corp in a deal that values the combined company at $601 million. Senti, short for “sentient”, uses a gene circuit technology platform...
Shares in Italian luxury menswear group Zegna rose on their New York market debut on Monday, after the company completed a merger with a U.S. blank check company in a deal with an enterprise value of $3.1bn. At 1634 GMT, the shares traded at $10.92 apiece, up 6.6%...
Wipro on Monday said it will acquire Austin, Texas-headquartered Edgile for $230 million, a move that will strengthen the IT major’s play in the cybersecurity services space. Edgile’s experienced cybersecurity and risk management professionals will allow Wipro to...
Oaktree Acquisition Corp. II will merge with Alvotech Holdings, a global biopharmaceutical company, to take the company public in the United States. The deal values the combined company at about $2.25bn, including debt. The downtown-based blank check company is a... 