Tag Archives: NASDAQ

Michael Dell’s MSD Acquisition SPAC to Go Public to Raise $575M

Michael Dell, chairman and CEO of Dell Technologies (NYSE: DELL), has formed a special purpose acquisition company – MSD Acquisition Corp. – that plans to raise $575 million in funds through an initial public offering, CRN reported Monday. MSD Acquisition intends to offer 50 million investment units at $10 apiece …

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Qualtrics Stock Jumps 38% in Public Market Debut

Qualtrics International (Nasdaq: XM), an experience management software developer that has spun out of SAP (NYSE: SAP), opened trading Thursday at a price of $41.85 per share, with a valuation of approximately $24.5 billion, The Wall Street Journal reported. The opening price represented an increase of nearly 40 percent over …

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COMSovereign Eyes $16M in Gross Proceeds Via Public Offering

COMSovereign Holding, a developer of 5G and 4G LTE communications systems, is selling 3,855,422 units consisting of a share of common stock and one warrant at a price of $4.15 per unit through a public offering to raise $16 million in gross proceeds. The company said Thursday it has secured …

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Software Maker Qualtrics Looks to Raise $1.28B in IPO

Qualtrics International, an experience management software vendor spinning out of SAP (NYSE: SAP), has increased the suggested price range for its initial public offering from between $20 and $24 to between $22 to $26 per share, with the goal of raising $1.28 billion, Bloomberg reported Tuesday. The report said Qualtrics …

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Microsoft Helps Form National Council for Artificial Intelligence

Microsoft

Organizations across the U.S. financial services, technology and academic industries, including Microsoft, have announced the formation of a new National Council for Artificial Intelligence (NCAI). The council will work to expand technology solutions to solve challenges within industry. The council also includes the Brookings Institution, CUNY, the Federal Reserve Bank of New York, Mastercard, Nasdaq, Plug and Play, SUNY, University of Central Florida and Visa.

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GovConIndex Ends the Week Up While Major Indices Close In The Negative

GovCon Wire is changing its coverage of the GovCon Index and major indices. GovCon Wire will now be providing weekly performance analysis instead of the daily for the GovCon Index, S&P 500, Dow Jones Industrial Average and NASDAQ Composite. In reviewing the past weeks market performance the Executive Mosaic GovCon Index (GCI) …

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Deltek Wraps Up $70M Onvia Purchase

Deltek has closed its $70 million cash acquisition of Onvia in a move to expand the delivery of public sector procurement data and market intelligence to government contractors. Deltek said Friday it will combine Onvia with its GovWin IQ market intelligence platform for GovCon companies through the transaction originally announced in October. Onvia’s board …

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