Lastest from Businesswire

SAN FRANCISCO--(BUSINESS WIRE)--Powerlaw Corp. (Nasdaq: PWRL), a publicly traded closed-end fund advised by Powerlaw Fund Adviser, LLC, today highlights its pre-IPO exposure to portfolio company OpenAI, which filed confidential paperwork for a potential initial public offering earlier this month. Recent reports indicate that the company may delay its IPO until 2027.“We backed OpenAI across three tranches starting in spring 2025,” said Ben Black, Chief Investment Officer of PWRL. “Since PWRL inve

SAN FRANCISCO--(BUSINESS WIRE)--Allocate, the private markets operating system for wealth advisory firms and fund managers, today announced the appointment of Matt Dunn as Chief Revenue Officer (CRO). A veteran of PIMCO, Morgan Stanley, and Opto Investments, Dunn's role follows a series of strategic senior hires as Allocate scales to meet surging demand for modern private markets infrastructure. The appointment comes amid significant momentum for Allocate. Over the past year, the company has gr

LONG BEACH, Calif.--(BUSINESS WIRE)--Windes, a leading accounting and advisory firm, announces the expansion of its Southern California practice.

CHICAGO--(BUSINESS WIRE)--HC Private Investments (“HCPI”), a Chicago-based private equity firm, announced today the sale of its portfolio company, Epicurean Butter (“Epicurean”), to Solina USA (“Solina”). Terms of the transactions were not disclosed. Since partnering with Epicurean’s founders John and Janey Hubschman in 2019, HCPI made significant investments in senior leadership, equipment, facilities and innovation to support the Company’s transformation from a founder-owned business into a s

NEW YORK--(BUSINESS WIRE)-- #AI--As CSCO, former Santander Group VP Luis Pinedo will scale ThetaRay’s AI compliance infrastructure across global financial institutions.

LONDON--(BUSINESS WIRE)--Paysafe (NYSE: PSFE), a global payments platform, today announced its expanded partnership with Tebex, the game monetization extension and growth platform for game servers and game studios. Tebex, which acts as an extension of a gaming studio, has integrated the Paysafe Gateway into its platform to enable video game merchants to provide their customers with true optionality when they transact – from card payments to alternative payment methods (APMs). The Tebex Checkout

OAKLAND, Calif.--(BUSINESS WIRE)--Summit Bancshares, Inc. and its wholly owned subsidiary, Summit Bank (“Summit”), Oakland, California, announced the completion of the Purchase and Assumption transaction with San Francisco Federal Credit Union, San Francisco, California (“SFFCU”) by which Summit transferred substantially all of its assets and SFFCU assumed substantially all of Summit’s liabilities. Pursuant to the Purchase and Assumption Agreement that was approved by the shareholders of Summit

SAN DIEGO--(BUSINESS WIRE)---- $PLAB #PLAB--Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Photronics, Inc. (NASDAQ: PLAB) securities between December 10, 2025 and May 27, 2026. Photronics is a global manufacturer of photomasks, which are microscopic circuit patterns contained on very precise glass or quartz plates, and which are a necessary element in the manufacturing of integrated circuits (“ICs”) and flat panel displays (“FPDs”).

LOS ANGELES--(BUSINESS WIRE)---- $INVE--INVE Investors Have Opportunity to Join Identiv, Inc. Fraud Investigation with the Schall Law Firm

BOSTON--(BUSINESS WIRE)--Access Advance LLC announced that Sharp, M&K Holdings, Tagivan and 9 other patent owners joined the Video Distribution Patent Pool (VDP Pool) in 2026.

LOS ANGELES--(BUSINESS WIRE)---- $OMER--OMER Investors Have Opportunity to Join Omeros Corporation Fraud Investigation with the Schall Law Firm

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Insulet Corporation (“Insulet” or the “Company”) (NASDAQ:PODD) securities during the period of February 21, 2025 through May 26, 2026, inclusive (“the Class Period”).If you suffered a loss on your Insulet investments, you have until August 31, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted

NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Alarum Technologies Ltd. (NASDAQ: ALAR) resulting from allegations that Alarum may have issued materially misleading business information to the investing public.So What: If you purchased Alarum securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to seven classes of LBA 2026-LBA6, a CMBS single-borrower securitization. The collateral for the transaction is a $950 million floating rate, interest-only mortgage loan. The loan is expected to have an initial two-year term with three, one-year extension options and require monthly interest-only payments. The loan will be secured by the borrower's fee simple interests in 39 industrial assets (98.1% of ALA), one off

BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop announced that Frank Cassidy has rejoined following his tenure as commissioner of FHA and assistant secretary for housing at HUD.

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.79 trillion at June 30, 2026, compared to $1.78 trillion at May 31, 2026. This month’s increase in preliminary AUM reflected long-term net inflows of $9 billion, partially offset by the net impact of market, distributions, and other. Long-term flows at Western Asset Management1 were flat. For the quarter ended June 30, 2026, preli

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Crinetics Pharmaceuticals, Inc. (NASDAQ: CRNX) to Vertex Pharmaceuticals Incorporated for $85.00 per share in cash. Halper Sadeh encourages Crinetics shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Crinetics a

LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a leading global investment firm, announced today that the TCW Strategic Income Fund, Inc. (NYSE: TSI) has declared a monthly distribution of $0.0283 per share payable on July 31, 2026, to shareholders of record on July 16, 2026.Distributions are based on the Fund’s accumulated net investment income and/or other sources for the applicable month. The Directors continue to monitor conditions and circumstances relating to the distribution of dividends an

LOS ANGELES--(BUSINESS WIRE)---- $EQPT--EQPT Investors Have Opportunity to Join EquipmentShare.com Inc. Fraud Investigation with the Schall Law Firm

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank (NYSE: WAL) today announced $33 million in construction financing for Marble Manor Phase I, a 138-unit, mixed-income housing redevelopment located less than two miles northwest of downtown Las Vegas, Nevada. The financing package includes a construction loan consisting of $31 million tax-exempt bonds and $2 million taxable bonds and $19.46 million in tax-exempt permanent bonds. R4 Capital Funding is Western Alliance’s originations partner and is t