Month: March 2022

PALO ALTO, Calif., March 25, 2022 (GLOBE NEWSWIRE) — Scilex Holding Company (“Scilex”), a majority-owned subsidiary of Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”), a commercial biopharmaceutical company focused on developing and commercializing non-opioid therapies for patients with acute and chronic pain, announced that it has entered into a non-binding term sheet with B. Riley Principal Capital, LLC (“BRPC”), a subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY, together with its affiliates, “B. Riley”) for a committed equity financing facility (the “Facility”) under which it would be able to sell up to $5 billion of its registered common stock over a five-year period. The Facility would become effective in connection with the closing of the previously announced pending merger with Vickers Vantage Corp I (“Vickers”).  ...

FORM 8.3 OPENING POSITION DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION     (a) Full name of discloser: Invesco Ltd.  (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree HomeServe PLC  (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest practicable date prior to...

Increase in Vehicle Ownership in Developing Countries to Drive the Growth of Global Steering Column Control Module Market Pune, India, March 25, 2022 (GLOBE NEWSWIRE) — Steering Column Control Module market size is anticipated to reach USD 27.26 billion by 2028 and exhibit a CAGR of 7.5% during the forecast period. The growing electric vehicle sales and developments in autonomous driving are expected to fuel the market growth. Fortune Business Insights has presented this information in its report titled, “Steering Column Control Module Market, 2021-2028”. The market size stood at USD 15.64 billion in 2020 and USD 16.49 billion in 2021. The report provides a detailed market outline, covering each facet of definitions, classifications, applications, and industry chain frameworks. It throws light on the crucial market dynamics, together...

REYNOLDSBURG, Ohio, March 25, 2022 (GLOBE NEWSWIRE) — Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) today announced its acquisition of a minority interest in Frankies Bikinis, LLC (“Frankies Bikinis”), a women-founded and women-led beachwear and lifestyle brand located in Venice, California. Frankies Bikinis was founded in 2012 by then 17-year-old Francesca Aiello and her mother, Mimi Aiello. The brand is widely known and recognized for its innovative, inclusive, and trend-setting aesthetic and laid-back Malibu vibe. Founder and Creative Director Francesca Aiello said, “Victoria’s Secret and Frankies Bikinis are true heritage brands in my eyes; companies that women tie unforgettable memories to, whether that be a first purchase from the brand or a memory of a time wearing it. I have such respect...