Eight Directions Technology Limited, a provider of premium customized disposable products, has agreed to merge with Quartzsea Acquisition Corporation, a special purpose acquisition company (SPAC). The merger will result in Eight Directions becoming a wholly owned subsidiary of the publicly listed Quartzsea, with the combined entity valued at approximately $515 million pre-money. This transaction aims to provide Eight Directions with public market access and resources to support its growth in the disposable packaging sector. The deal is subject to regulatory and shareholder approvals and is expected to be completed after filing necessary documents with the SEC and Nasdaq approval.
Micware Co., Ltd., a Japanese automotive software provider, priced its upsized IPO at $8 per American Depositary Share (ADS), aiming to raise $22.8 million. The IPO includes 2.85 million ADSs and will list on Nasdaq under the ticker MWC starting May ...
Champ AI has emerged from stealth with an $8.5 million funding round led by Redpoint Ventures to revolutionize enterprise operations automation. The company’s platform uses AI agents to automate labor-intensive tasks across browsers, phone calls, and...
AsiaFIN Holdings Corp. announced its Q1 2026 financial results, showing revenue of approximately $1.28 million, a 105.3% increase from Q1 2025. The company improved its gross margin to 26.7% from a negative margin last year, reflecting stronger reven...
Old National Bank has introduced 'Team Old National,' a group of golf ambassadors including PGA TOUR player Michael Brennan and top-ranked amateur Kiara Romero. This initiative aims to boost the bank's visibility and community engagement through golf...
Encore Capital Group priced an upsized €325 million senior secured floating rate notes offering due 2033, with a coupon of three-month EURIBOR plus 3.25%. The proceeds will be used to redeem €215 million of outstanding 2028 notes, repay revolving cre...
