Silicon Valley Journals
Sears Hometown Stores Files for Bankruptcy
The chain lost $16.2 million in operating and net losses during the fiscal year that ended on January 29, 2022.
Meta Acquires Luxexcel
Meta has acquired Luxexcel, a smart eyewear firm situated in Eindhoven, the Netherlands. The value of the transaction was not disclosed. Meta will probably be able to make prescription AR glasses as a result of the acquisition. Luxexcel, founded in 2009, is a technology provider for 3D printed prescription lenses. The firm intends to expedite … Read more
CTO Realty Growth Acquires Atlanta Mixed-Use for $96M
CTO Realty Growth Inc. of Winter Park, Fla., has paid $96 million for The Collection at Forsyth, a 560,000-square-foot lifestyle, mixed-use development in Atlanta’s Forsyth County submarket. The seller’s identity was not revealed. The 57-acre complex, which opened in 2008, is slightly over 80% occupied, with retail tenants including Academy Sports, AMC Theatres, Ted’s Montana … Read more
NEW STATE AVIATION HOLDINGS ACQUIRES BLACKHAWK AEROSPACE
New State Capital Partners (“New State”) announced today the acquisition of Blackhawk Aerospace (“Blackhawk” or “the Company”), a recognized leader in aircraft performance improvements, by its general aviation-focused platform, New State Aviation Holdings (“NS Aviation”). Blackhawk joins NS Aviation’s flagship aviation venture AVEX, which is a major provider of sales and maintenance for the Daher … Read more
Eugene Family YMCA receives $2-million in funding for new location
The Eugene Family YMCA is expected to receive $2 million toward its Capital Campaign for a new facility. CEO Brian Steffen said besides helping to complete a state-of-the-art space, the funds will expand health and educational services for youth. The financing was made possible by the passage of the 2023 legislative omnibus spending package and a combined … Read more
FTX Crisis began years before the bankruptcies
The report claims Alameda Research was already a sinking ship long before Bankman-Fried launched FTX.
Twitter Closes Sacramento Data Center, Seattle Office, Cuts Janitorial Staff
Twitter’s operations are still being slimmed down, and it appears that the company’s financial crash diet is leaving a foul taste in the mouths of its employees. According to the New York Times, Twitter has closed its Sacramento data center, laid off security and cleaning staff in New York, fired janitors at its San Francisco … Read more
CAMC acquires Greenbrier Valley Medical Center
CAMC Health Network and Morgantown-based Mon Health Organization announced their intention to form Vandalia Health, a statewide health care system, in March 2022. Dave Ramsey, Vandalia Health’s president and CEO, was at GVMC on Saturday, where personnel began replacing signs outside and inside the hospital. “There will be a huge difference in how the hospital … Read more
Cyclo Therapeutics Announces $4.2 Million Registered Direct Offering Price
Cyclo Therapeutics, Inc. (Nasdaq: CYTH), a clinical stage biotechnology company dedicated to developing life-changing medicines for patients and families living with diseases through science and innovation, announced today that it has entered into a definitive securities purchase agreement for the purchase and sale of 2,608,696 shares of common stock (or common stock equivalents) at a … Read more