DealPulse

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Big Oil gets Bigger: Chevron Acquires PDC

Chevron announced its all stock acquisition of PDC Energy, valuing the company at $7.6 billion, last week. According to the companies’ joint press release, “The acquisition of PDC provides...

Noventiq Sheds Russian Roots and Joins Nasdaq

Noventiq announced it intends to list on the Nasdaq via a SPAC acquisition at $800 million enterprise value. The information technology company was founded in Moscow in 1993 but...

Lights, Camera, Action: Allrites Goes Public

Aiming to “democratize content,” Allrites Holdings Pte. Ltd. will be going public via an acquisition by SPAC, Aura FAT Projects Acquisition Corp. The company raised just $1.1 million in...

Off and Running: Knee Treatment Biotech Regentis goes Public

In the latest of a flurry of SPAC deals, Regentis Biomaterials Ltd. announced it will be going public via an acquisition by OceanTech Acquisitions I Corp. that values Regentis...

Welcoming the Cyborgs: Picard Medical’s SPAC Deal

Picard Medical, Inc. announced that it will go public via a SPAC acquisition that values the company at pre-money enterprise value of $480 million. Picard Medical is the parent company...

Acquiring Innovation: Merck buys Prometheus

Merck has inked another blockbuster deal, announcing its $10.8 billion acquisition of Prometheus Biosciences, Inc. The all-cash transaction is expected to close in the third quarter of 2023. “Prometheus is a clinical-stage...