Day: November 26, 2024

ORLANDO, Fla., Nov. 26, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, announced it has received regulatory non-objection from the Luxembourg Commission de Surveillance du Secteur Financier (“CSSF”) for the acquisition of Carlisle Management Company S.C.A. (“Carlisle”), a leading Luxembourg-based investment fund manager in the life settlement space. “We are thrilled to be able to move forward with the closing of the Carlisle acquisition by the end of the fourth quarter, as we have previously communicated,” said Abacus Life CEO Jay Jackson. “Carlisle will add approximately $2.0 billion in assets under management to our ABL Wealth division,...

MONTCLAIR, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”), is pleased to note that its portfolio company, Brightcove, Inc. (BCOV), announced yesterday that it has entered into a definitive agreement to be acquired by Bending Spoons for approximately $233 million, or $4.45 per share. Prior to this announcement, 180 Degree Capital owned approximately 1.35 million shares of BCOV. “We would like to congratulate Marc, John, and the entire BCOV team on today’s announcement,” said Kevin M. Rendino, Chief Executive Officer of 180 Degree Capital. “We began building our position in BCOV when Marc joined as CEO, and we continued to add to it based on our belief that BCOV’s strong balance sheet, differentiated platform, and recurring revenue would ultimately be fairly valued by the market...

The 250-acre site includes approvals and a signed facility extension agreement for up to 100 MW Anticipated availability of power consumption in the first half of 2026 NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it has closed a transaction to acquire a new site in West Texas called Stingray for a cash payment of $4.1 million and a variable fee of $1.5/MWh for the initial five years after the energization of the site. The site features up to 100 MW of front-of-the-meter capacity and all necessary regulatory approvals, 250 acres of land adjacent to the transmission assets, and a completed facility extension agreement with ONCOR. “We are very pleased to add the new 100 MW Stingray data center site to our expanding pipeline. With the addition of this site,...

TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) — Today Omegro announced the acquisition of Dassian, a premium provider of SAP Certified Add-ons for complex contract and project management within highly regulated environments. Dassian enables the world’s largest aerospace and defence, life sciences, and technology businesses remain compliant in the delivery of their federal contracts. Since its founding in 2007, Dassian has built a strong track record of helping organizations optimize their project accounting processes, reduce costs, and improve compliance through its innovative software solutions. The acquisition will allow Omegro to expand its market presence and deepen its capabilities in this critical area. “This acquisition is a great opportunity for both Omegro and Dassian to work together and continue enabling the world’s largest...