PMGC Holdings has entered a non-binding letter of intent to acquire a 76% controlling stake in a US-based precision machining company specializing in aerospace, space, defense, and semiconductor markets. The target company, with $5.46 million revenue and $1.05 million EBITDA in 2025, holds key certifications like AS9100 and ISO 9001:2015, serving long-term customers with high-precision manufacturing. This acquisition aligns with PMGC's strategy to expand its US manufacturing footprint amid reshoring trends and aims to close by Q4 2026 after due diligence and audit. The deal would enhance PMGC's capacity and diversify its revenue across regulated industries with strong growth potential.
zSpace, Inc. has converted over $12 million of its outstanding debt into equity through agreements with two lenders, significantly improving its financial position. Fiza Investments converted about $10 million in debt into common and preferred stock ...
Kinross Gold Corporation published its 2025 Sustainability Report showcasing its commitment to responsible mining through significant economic contributions of $4.9 billion to host countries and strong performance in environmental, social, and govern...
Actuate Therapeutics presented data at ASCO 2026 showing that elraglusib, combined with gemcitabine/Abraxane or FOLFIRINOX, significantly improves median overall survival in patients with metastatic pancreatic ductal adenocarcinoma, especially those ...
Hewlett Packard Enterprise (HPE) shares surged over 7% in premarket trading, reaching a new 52-week high as investors anticipate the company's Q2 earnings report due after market close on June 1. Analysts expect earnings per share of 54 cents, up 42%...
US stock futures rose following weekend US strikes in Iran targeting radar and command sites in response to aggressive Iranian actions, including the downing of a US drone. The S&P 500 ended May at a record high, supported by strong performances in t...
