Volcon Raises $27.2M Via Debt Offering
Volcon Inc (NASDAQ:VLCN) has signed a securities purchase agreement to issue an investor $27.2 million of convertible senior notes due 2024.…
Phoenix Motor Acquires Hydrogen Cell Assets From Altergy Systems
Phoenix Motor Inc (NASDAQ:PEV) has acquired hydrogen fuel cell manufacturing assets from Altergy Systems. The details of the transaction were not disclosed.…
Karaoke Products Provider Singing Machine’s Q1 Revenue Nearly Doubles
Singing Machine Company Inc (NASDAQ:MICS) reported first-quarter FY23 sales growth of 92% year-on-year to $11.6 million versus $6.1 million last year. The…
McDonald’s Appoints New Board Members
McDonald’s Corp (NYSE:MCD) announced the retirement of Sheila A. Penrose from its Board of Directors, effective September 30, 2022. The company…
MGM China Injects $594M Into Macau Unit: WSJ
MGM China Holdings Ltd, a unit of MGM Resorts International (NYSE:MGM), is planning to invest $594 million in its Macau casino…
Toyota’s Hino Motors Suspends Light Truck Shipments After Emissions Data Scandal
Hino Motors Ltd, owned by Toyota Motor Corp (NYSE:TM), said misconduct regarding emissions was found through an investigation conducted by the Ministry of…
Secoo Obtains Equity Investment From New Investors
Luxury online shopping platform Secoo Holding Ltd (NASDAQ:SECO) has entered into Share Purchase Agreements with Beijing HCYK Corporation Management Partner (HCYK) and…
Just Eat Takeaway.com Shares Soar On $1.8B iFood Stake Sale
Just Eat Takeaway.com NV (OTC:JTKWY) has agreed to sell its stake of 33% in Brazil’s iFood to Prosus NV (OTC:PROSY) for up to…
Fatburger And Buffalo’s Express Launch First Restaurant In Mexico
FAT Brands Inc (NASDAQ:FAT) owned brands Fatburger and Buffalo’s Express have launched their first locations in Mexico. Situated in Mexico City,…
Cineworld Shares Plummet On Reports Of Bankruptcy Filing: What We Know So Far
British cinema chain Cineworld Group PLC (OTC: CNNWF) is expected to file a chapter 11 (bankruptcy) petition in the U.S.