Por: MarketWatch Business May 26, 2023
On May 22, Concentra Biosciences proposed to acquire Atea for $5.75 per share in cash plus a contingent value right to receive 80% of net proceeds “from any license or disposition of Atea’s programs.” Tang Capital is a controlling shareholder of Concentra, and Concentra believes that a definitive merger agreement can be negotiated by June 15, with a deal closing by the end of July. Concentra has given Atea’s management until 5 p.m. ET on... + full article
MarketWatch USA Business June 04, 2023
It’s not alone. The collapse of biotech valuations since early 2021 has left a substantial number of biotechs in that position, which is known as having a negative enterprise value. It’s a stark sign of how grim things have gotten for small biotechs, and how far the sector... + más
Stocks remain overpriced, even vs. the dot-com bubble. But you can still find good picks in these 2 sectors. | MarketWatch
MarketWatch USA Business May 26, 2023
On May 22, Concentra Biosciences proposed to acquire Atea for $5.75 per share in cash plus a contingent value right to receive 80% of net proceeds “from any license or disposition of Atea’s programs.” Tang Capital is a controlling shareholder of Concentra, and Concentra... + más
Lordstown Motors and Atea Pharmaceuticals Stock See Action From Activist Investors | MarketWatch
Many Biotechs Have Net Assets That Top Their Market Values | MarketWatch
CNBC USA Business March 06, 2023
In this articleSignage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021.Dustin Franz Bloomberg Getty Images said Monday that it still had more than $220 million in cash at the end of 2022, despite ongoing challenges that halted production... + más
Lordstown aims to boost EV production with Foxconn investment, seeks new automaker partner | CNBC
Lordstown Motors set to deliver first pickups built at former GM plant | CNN
CNN USA Business December 01, 2022
CNN — Lordstown Motors, a startup company building electric pickups in a former General Motors factory, is ready to deliver its first production-model pickup trucks, the company said. The announcement comes about 18 months after the company had warned, in a regulatory... + más
Lordstown Motors starts making electric trucks at Ohio plant | Associated Press
CNBC USA Business November 08, 2022
In this articleSignage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021.Dustin Franz Bloomberg Getty ImagesStruggling electric truck startup still plans to deliver the first examples of its Endurance pickup truck before the end of the... + más
IPhone maker Foxconn wants to dominate electric car manufacturing | CNN
iPhone Maker Foxconn Buys a Big Stake in EV Start-up | MarketWatch
ABC News USA Sports October 20, 2022
AFC CLINCHED: Indianapolis-AFC South and homefield advantage; San Diego-AFC West and first-round bye; Cincinnati-AFC North; New England-AFC East ELIMINATED: Cleveland, Kansas City, Oakland, Buffalo, Tennessee Baltimore - Clinches a playoff spot with a win N.Y. Jets - Clinches a... + más
How the College Football Playoff will be impacted by Week 7's key games | ABC7
ESPN+ is streaming 9 NFL games this season — here's a full schedule and how to watch | Business Insider
Associated Press USA Tech September 29, 2022
LORDSTOWN, Ohio (AP) — Commercial electric vehicle startup Lordstown Motors says it has slowly started production of its first model, the Endurance pickup. The struggling company says it has built two pickups, with a third to be finished shortly. It plans to ramp up production... + más
Lordstown Motors starts making electric trucks at Ohio plant | 10 WBNS
Lordstown Motors starts making electric trucks at Ohio plant | ABC News
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