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Arctos Promotes Alastair Seaman and Brian Lafemina to Partners

Mon, 08/11/2025 - 09:18
DALLAS--(BUSINESS WIRE)--Arctos, a private investment firm that provides bespoke growth and liquidity solutions to sports franchises (Arctos Sports) and alternative asset managers (Arctos Keystone), today announced the promotion of Alastair Seaman and the appointment of Brian Lafemina as Partners, reflecting continued investment in the firm’s leadership and global platform. Mr. Seaman is being promoted to Partner after nearly five years of significant contributions to the firm. Prior to joining

Communication Federal Credit Union Embraces Scienaptic AI for Smarter, More Inclusive Underwriting

Mon, 08/11/2025 - 09:18
NEW YORK--(BUSINESS WIRE)--Scienaptic AI, a global leader in AI-powered credit underwriting, today announced that Communication Federal Credit Union, based in Oklahoma City, OK, has chosen its platform to enhance credit access for its members. The credit union is adopting Scienaptic’s AI-powered, regulatory-compliant technology to support its goals of making faster, smarter lending decisions, streamlining credit processes, and extending lending opportunities to underserved members. Established

Pitney Bowes Inc. Announces Closing of $230 Million Offering of Convertible Senior Notes

Mon, 08/11/2025 - 09:18
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE:PBI) (“Pitney Bowes” or, the “Company”) today announced that it completed its previously announced offering (the “Offering”) of $230 million aggregate principal amount of 1.50% convertible senior notes due 2030 (the “Convertible Notes”) in a private placement under the Securities Act of 1933, as amended (the “Securities Act”). The $230 million aggregate principal amount of Convertible Notes sold in the Offering includes $30 million aggre

Upstart Announces Proposed Private Offering of $500,000,000 of Convertible Senior Notes Due 2032

Mon, 08/11/2025 - 09:18
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Proposed Private Offering of $500,000,000 of Convertible Senior Notes Due 2032

Perion Reports Second Quarter 2025 Results

Mon, 08/11/2025 - 09:18
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ and TASE: PERI), a leader in advanced technology solving for the complexities of modern advertising, today reported its financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Financial Highlights1 In millions, except per share data Three months ended   Six months ended     June 30,   June 30,     2025   2024   %   2025   2024   %   Advertising Solutions Revenue $ 80.6   $ 74.4   8%   $ 150.3   $

Sonali Basak Joins iCapital® as Chief Investment Strategist

Mon, 08/11/2025 - 09:18
NEW YORK--(BUSINESS WIRE)-- #Alternatives--iCapital1, the global fintech company shaping the future of investing, today announced the appointment of Sonali Basak, former lead Wall Street correspondent for Bloomberg Television, as Chief Investment Strategist. In this role, Ms. Basak will help develop and deliver the firm’s strategic thought leadership across public and private markets, provide actionable insights, and strengthen iCapital’s position as a trusted industry voice. “The wealth industry is undergoing

ALT5 Sigma Corporation Announces $1.5 Billion Registered Direct Offering and Concurrent Private Placement to Initiate World Liberty Financial $WLFI Treasury Strategy

Mon, 08/11/2025 - 09:18
LAS VEGAS--(BUSINESS WIRE)--ALT5 Sigma Corporation (NASDAQ: ALTS)(FRA: 5AR1) (the “Company” or “ALT5”) today announced that it has entered into definitive agreements for the issuance and sale of an aggregate of up to 100,000,000 of its shares of common stock (or common stock equivalents in lieu thereof) in a registered direct offering (the “Registered Direct Offering”) at a purchase price of $7.50 per share. In a concurrent private placement (the “Private Placement Offering” and, together with

Perion Launches Performance CTV Solution Designed to Capture Share in $36B+ High-Growth Streaming Ad Market

Mon, 08/11/2025 - 09:18
NEW YORK & TEL AVIV--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a leader in advanced technology solving for the complexities of modern advertising, today announced the launch of its Performance CTV Solution, the latest expansion of the Perion One unified platform. This new offering is designed to capitalize on the surging demand for measurable advertising results in Connected TV (CTV), one of the fastest-growing segments in digital media. Performance CTV enables advertisers

Engine Capital Sends Letter to Avantor’s Board of Directors Regarding Opportunities to Improve Governance and Unlock Shareholder Value

Mon, 08/11/2025 - 09:18
NEW YORK--(BUSINESS WIRE)--Engine Capital LP (together with its affiliates, “Engine” or “we”), which owns approximately 3% of the outstanding shares of Avantor, Inc. (NYSE: AVTR) (“Avantor” or the “Company”), today sent a letter to the Company’s Board of Directors outlining several opportunities to close Avantor’s significant valuation gap and unlock value for shareholders. The letter can be viewed and downloaded here. About Engine Capital Engine Capital LP is a value-oriented special situation

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