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$NXTD financed the LogicMark acquisition with a $15MM senior secured debt facility provided by ExWorks Capital Fund and $4.5MM preferred equity provided by several institutional investors. Aegis Capital served as placement agent for the debt and equity financing, as well as financial advisor to $NXTD.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.