2022-01-27 06:34:06 BREZ Breeze Holdings Acquisition
01/27/22 01/2706:34 01/27/2206:34 | D-Orbit to become public through Breeze Holdings Acquisition combinationD-Orbit S.p.A. announced that it will become publicly listed through a business combination with Breeze Holdings Acquisition. The transaction values the company at an enterprise value of approximately $1.28B post-money. In connection with the transaction and to help drive D-Orbit's next phase of growth, Breeze Holdings and D-Orbit are partnering with The Charles F. Bolden Group, a consortium of leaders with space and aerospace experience. Following the closing of the transaction, D-Orbit will continue to be led by its founders Luca Rossettini, CEO and Renato Panesi, chief commercial officer. Under the terms of the business combination agreement with Breeze Holdings, D-Orbit S.A., a newly formed joint stock company governed by the laws of the Grand Duchy of Luxembourg will become the parent company of both D-Orbit and Breeze Holdings and will issue ordinary shares to the shareholders of D-Orbit and Breeze Holdings. Upon closing, Holdco's common stock is expected to trade on Nasdaq under the ticker symbol (DOBT). The transaction has been unanimously approved by the boards of directors of both D-Orbit and Breeze Holdings. It is expected to close in Q2 or Q3, subject to the satisfaction of customary closing conditions, including certain governmental approvals and the approval of the shareholders of Breeze Holdings and the contribution of the D-Orbit shares by the D-Orbit shareholders. The transaction is expected to deliver up to $185M in cash at closing, which includes a $29 M binding convertible debt financing provided by ATW Partners. D-Orbit intends to use the proceeds from the transaction to accelerate investments in its ION Satellite Carrier, Advanced Services and space cloud infrastructure capabilities and In-Orbit Servicing solutions, build out its bench of talent to support the development of new technologies and drive expansion into new space segments. |
---|
Initiation
|
Anthem resumed with an Outperform at Bernstein »
19:57 05/26/22 05/2619:57 05/26/2219:57
ANTM
Anthem
Bernstein analyst Lance… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Avis Budget chairman buys $4.9M in common stock »
19:13 05/26/22 05/2619:13 05/26/2219:13
CAR
Avis Budget
In a regulatory filing,… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Myriad Genetics to present multiple genetic studies in cancer treatment at ASCO »
19:04 05/26/22 05/2619:04 05/26/2219:04
MYGN
Myriad Genetics
The company states:… Story temporarily locked. ShowHide Related Items >><<
|
Earnings
|
Taro Pharmaceutical reports Q4 EPS 73c vs. (78c) last year »
19:01 05/26/22 05/2619:01 05/26/2219:01
TARO
Taro Pharmaceutical
Reports Q4 revenue… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Biomea Fusion to present new preclinical data on BMF-219 at ASCO »
19:00 05/26/22 05/2619:00 05/26/2219:00
BMEA
Biomea Fusion
Biomea Fusion… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Equinix price target lowered to $770 from $825 at BMO Capital »
18:57 05/26/22 05/2618:57 05/26/2218:57
EQIX
Equinix
BMO Capital analyst Ari… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Mereo BioPharma to present updated Phase 1b/2 data on Etigilimab and Nivolumab »
18:57 05/26/22 05/2618:57 05/26/2218:57
MREO
Mereo BioPharma
Mereo BioPharma announced… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Affimed to present on three AFM24 clinical trial designs at ASCO 2022 »
18:55 05/26/22 05/2618:55 05/26/2218:55
AFMD
Affimed
Affimed announced that… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Oncternal Therapeutics presents interim data for Zilovertamab+Ibrutinib at ASCO »
18:51 05/26/22 05/2618:51 05/26/2218:51
ONCT
Oncternal Therapeutics
Oncternal Therapeutics… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Puma Biotechnology to present two abstracts on neratinib at ASCO Meeting »
18:49 05/26/22 05/2618:49 05/26/2218:49
PBYI
Puma Biotechnology
Puma Biotechnology… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Invitae to present eight studies at ASCO »
18:48 05/26/22 05/2618:48 05/26/2218:48
NVTA
Invitae
Invitae "announced… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Arbutus Biopharma to present data from preclinical study of PD-L1 inhibitor »
18:47 05/26/22 05/2618:47 05/26/2218:47
ABUS
Arbutus Biopharma
Arbutus Biopharma's… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Elevation Oncology to present initial Seribantumab data at ASCO »
18:46 05/26/22 05/2618:46 05/26/2218:46
ELEV
Elevation Oncology
Elevation Oncology… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
PDS Biotechnology announces presentation of Phase 2 data on PDS0101 at ASCO »
18:42 05/26/22 05/2618:42 05/26/2218:42
PDSB
PDS Biotechnology
PDS Biotechnology… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Gracell to present updated clinical data on GC012F in multiple myeloma »
18:40 05/26/22 05/2618:40 05/26/2218:40
GRCL
Gracell
Gracell Biotechnologies… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
SpringsWorks Therapeutics presents Nirogacestat Clinical Data at 2022 ASCO »
18:39 05/26/22 05/2618:39 05/26/2218:39
SWTX
SpringsWorks Therapeutics
GlaxoSmithKline
SpringWorks Therapeutics… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Alaunos Therapeutics to present data on TCR-T Library Phase 1/2 trial »
18:36 05/26/22 05/2618:36 05/26/2218:36
TCRT
Alaunos Therapeutics
Alaunos Therapeutics… Story temporarily locked. ShowHide Related Items >><<
|
Earnings
|
Loop Industries reports FY22 EPS (99c), consensus (88c) »
18:36 05/26/22 05/2618:36 05/26/2218:36
LOOP
Loop Industries
Daniel Solomita, Founder… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Xencor reports initial dose-escalation Phase 1 data of XmAb 104 »
18:32 05/26/22 05/2618:32 05/26/2218:32
XNCR
Xencor
Xencor reported initial… Story temporarily locked. ShowHide Related Items >><<
|
On The Fly
|
Fly Intel: After-Hours Movers »
18:31 05/26/22 05/2618:31 05/26/2218:31
RRGB
Red Robin
Ulta Beauty
Dell Technologies
Marvell
Autodesk
Adicet Bio
PMV Pharmaceuticals
Zymeworks
PDS Biotechnology
Gap
American Eagle
Workday
Costco
Iovance Biotherapeutics
SpringsWorks Therapeutics
Mirati Therapeutics
ShowHide Related Items >><<
|
Hot Stocks
|
Spectrum to present data on poziotinib in NSCLC at ASCO Meeting »
18:28 05/26/22 05/2618:28 05/26/2218:28
SPPI
Spectrum
Spectrum Pharmaceuticals… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Amgen to present new data from oncology pipeline at ASCO »
18:26 05/26/22 05/2618:26 05/26/2218:26
AMGN
Amgen
Takeda Pharmaceutical
Results From the PARADIGM… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Eli Lilly to present data on oncology portfolio »
18:21 05/26/22 05/2618:21 05/26/2218:21
LLY
Eli Lilly
Eli Lilly announced that… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
CTI BioPharma to present pivotal data on pacritinib program »
18:19 05/26/22 05/2618:19 05/26/2218:19
CTIC
CTI BioPharma
CTI BioPharma announced a… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Cue Biopharma to present interim data on CUE-101 in head and neck cancer »
18:17 05/26/22 05/2618:17 05/26/2218:17
CUE
Cue Biopharma
Cue Biopharma will give a… Story temporarily locked. ShowHide Related Items >><<
|