InterPrivate Investment Partners V, a special purpose acquisition company (SPAC), priced its initial public offering at $175 million, selling 17.5 million units at $10 each. The units include one Class A share and one-third of a warrant, with warrants exercisable at $11.50 per share. Trading is set to begin on the Nasdaq Global Market under the ticker IPVVU on June 4, 2026, with separate trading of shares and warrants expected later. The company aims to use the proceeds to merge with or acquire a business, leveraging its management team's expertise in private equity and technology sectors.
Auddia Inc. has started developing the McCarthy Finney Operating System (MCFN-OS), an AI-native, Web3-enabled platform designed to automate workflows and support multiple subsidiaries with agentic AI and blockchain trust. The first production module ...
US Signal is significantly expanding its Aurora, Illinois data center to increase power capacity and resiliency, supporting growing enterprise needs for hybrid cloud, AI infrastructure, and data protection. The multi-phase upgrade will more than doub...
Girard Sharp LLP is investigating potential securities claims for former investors of Blue Owl Capital Corp. III and Blue Owl Technology Finance Corp. II after their shares were converted in mergers in early 2025. Since the mergers, Blue Owl Capital'...
TSMC CEO C.C. Wei warned that the company faces long-term manufacturing capacity constraints amid rising AI chip demand. He indicated potential price increases for advanced chips to maintain profitability but emphasized a focus on sustainable growth ...
Platinum prices have seen significant volatility, rising from $1,192 to $2,819 per ounce before settling below $2,000. Despite a recent surplus in the first quarter driven by supply recovery and investor liquidations, experts highlight persistent str...
