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Antibe Announces Completion of Sale

TORONTO, March 18, 2025 (GLOBE NEWSWIRE) — Antibe Therapeutics Inc. (“Antibe” or the “Company”) announced that, in connection with its previously announced receivership proceedings, the Company completed a transaction (the “Transaction”) on March 17, 2025 whereby Taro Pharmaceuticals Inc. (the “Purchaser”) purchased all of the issued and outstanding common shares of the Company from FTI Consulting Inc. (the “Receiver”), in its capacity as court-appointed receiver and manager of the Company, pursuant to a transaction agreement (the “Transaction Agreement”) dated January 15, 2025. On January 29, 2025, the Superior Court of Justice (Commercial List) (the “Court”) granted an order under section 101 of the Courts of Justice Act pursuant to which the Court, among other things, approved the Transaction Agreement and also (i) added 1001138302...

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Base.ai Expands Customer-Led Growth Capabilities with Acquisition of 3bears.ai

AI-driven Behavioral InsightsEmpowering organizations with an advanced solution to pinpoint key milestones in the customer journeySAN FRANCISCO, March 18, 2025 (GLOBE NEWSWIRE) — Base.ai, a leading customer-led growth platform transforming customer engagement through strategic innovation and technological excellence, today announced the acquisition of 3bears.ai, a cutting-edge company specializing in AI-driven behavioral analytics founded in 2022, and backed by Mensch Capital Partners. This strategic acquisition strengthens Base.ai’s mission to empower organizations with unparalleled customer visibility, proactive engagement, and data-driven interventions that drive retention and growth. With the integration of 3bears.ai, Base.ai now empowers organizations with an advanced solution to pinpoint key milestones in the...

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CSW Industrials Announces Definitive Agreement to Acquire Aspen Manufacturing for $313.5 Million, Executing Disciplined Capital Allocation and Strategic Expansion in the HVAC/R End Market

Aspen Manufacturing Acquisition HighlightsContinues the expansion of existing product portfolio in the profitable heating, ventilation, air conditioning, and refrigeration (HVAC/R) end market with the addition of evaporative coils and air handler offerings Aligns with previously established acquisition criteria to leverage existing distribution channels, increase our market share in HVAC/R end market, expand products offerings, and grow share of wallet with our existing customers All of Aspen’s products are designed, engineered and manufactured in the United States Valuation represents approximately 11x Aspen Manufacturing’s estimated 2024 adjusted EBITDA Expected to be immediately accretive to CSWI’s EPS and EBITDA Transaction economics allow CSWI to maintain a strong balance sheet and ample liquidity to continue executing on growth...

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ZenaTech Completes Acquisition of Workplace Scheduling Software Company Othership Limited and Plans to Use Quantum Computing to Increase Productivity for Multinational Corporations

VANCOUVER, British Columbia, March 18, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions announces today that it has closed the acquisition of London-based workplace scheduling software company, Othership Limited. ZenaTech plans to develop quantum computing-driven workplace scheduling solutions intended to increase business productivity including multinational companies with large and complex workforces, workplace scheduling challenges, and large portfolios of office spaces and locations. “This acquisition is part of a larger strategy to expand our internal expertise developing applications using quantum computing across both AI drone and enterprise...

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Vincerx Pharma Announces Non-Binding Letter of Intent for Business Combination with QumulusAI

SAN MATEO, Calif., March 18, 2025 (GLOBE NEWSWIRE) — Vincerx Pharma, Inc. (Nasdaq: VINC) today announced that it has entered into a non-binding letter of intent (“LOI”) with Global Digital Holdings Inc., conducting business as QumulusAI, a privately-held, high-performance computing infrastructure company for artificial intelligence (AI), relating to a business combination between Vincerx and QumulusAI. The contemplated transaction would result in QumulusAI becoming a publicly traded company through a reverse triangular merger with Vincerx. Under the proposed terms, a subsidiary of Vincerx would merge into QumulusAI, with QumulusAI stockholders receiving shares of Vincerx common stock. Additionally, QumulusAI options, warrants, and other rights would be converted into options, warrants, and rights to acquire Vincerx common stock....

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Jeffs’ Brands Enters the Logistics Center Market by Closing Strategic Acquisition of a U.S. Company that Operates a U.S. Based Logistics Center

Jeffs’ Brands Announces the closing of a $2.6 Million Acquisition of a company operating an approx. 100,000-square-foot logistics facility with 20 loading docks near a major U.S. port, aiming to strengthen its supply chain and third-party service offerings Tel Aviv, Israel, March 18, 2025 (GLOBE NEWSWIRE) — Jeffs’ Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced the closing (“Closing”) of the acquisition of Pure NJ Logistics LLC (“Pure Logistics”), a company that operates a strategically located approximately 100,000 square foot logistics center equipped with 20 loading docks in New Jersey, through its wholly-owned subsidiary, Smart Repair Pro, pursuant to the definitive agreement previously announced on March 11, 2025....

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FE International Advises on the Acquisition of Cloud Orca by Cooper Parry

NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — FE International, a leading global M&A advisor for technology businesses, is pleased to announce the acquisition of Cloud Orca, a leading a UK-based Salesforce Summit Partner, by Cooper Parry, a next-gen accountancy and business advisory firm. Founded by two entrepreneurs with backgrounds in sales and military service, Cloud Orca specializes in cloud-based CRM, marketing automation, and revenue management solutions. As a fast-growing Salesforce Summit Partner, Cloud Orca has successfully completed 400+ Salesforce projects since its inception and holds 25 Salesforce certifications. The company serves clients across industries such as financial services, high-tech, retail, and life sciences, delivering tailored digital transformation solutions that enhance business operations. Cooper...

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Edmiston Drive Capital Corp. Announces LOI with Canada Nickel Company

VANCOUVER, British Columbia, March 18, 2025 (GLOBE NEWSWIRE) — Edmiston Drive Capital Corp. (“EDCC” or the “Company“) is pleased to announce that it has entered into a letter of intent effective March 17, 2025 (the “LOI“) setting out the terms of a proposed business combination (the “Transaction“) with a wholly-owned subsidiary of Canada Nickel Company (“CNC“). Under the terms of the LOI, Canada Nickel will grant net smelter return royalty interests on all of its regional exploration properties in the Timmins District (excluding the Crawford Project and the Dargavel and Kingsmill targets located on the original Project 81 patents) to a wholly-owned subsidiary (“RoyaltyCo“), and RoyaltyCo will amalgamate with a wholly-owned subsidiary of EDCC in exchange for...

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Springbig Announces Acquisition of VICE CRM and Appointment of Jaret Christopher as Chief Executive Officer

BOCA RATON, Fla., March 17, 2025 (GLOBE NEWSWIRE) — SpringBig Holdings, Inc. (“Springbig” or the “Company”) (OTCQX: SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced the acquisition of VICE CRM, an AI-enabled performance marketing platform designed to optimize ROI for consumer marketing campaigns in highly regulated industries. In addition, the Company has appointed VICE CRM founder, Jaret Christopher, as Chief Executive Officer effective April 1, 2025. Jaret Christopher brings extensive leadership experience in SaaS-based businesses and knowledge of the cannabis market. Most recently, Jaret was General Manager and Vice President, CRM Software at WM Technologies, Inc., a position he held until last year following the sale of Sprout, a...

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Varonis Acquires Cyral to Reinvent Database Activity Monitoring

Strategic DAM acquisition accelerates Varonis’ mission to deliver AI-powered data security for all enterprise data, everywhere MIAMI, March 17, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), the data security leader, today announced the acquisition of the next-generation database activity monitoring (DAM) provider Cyral. Cyral’s innovative approach to DAM uses agentless and stateless interception technology that deploys quickly and overcomes the challenges legacy vendors face in preventing data breaches and ensuring compliance. “By combining Cyral’s cloud-native DAM with Varonis’ robust and growing database security capabilities, customers can begin to upgrade their costly legacy solutions, shattering the silos that have traditionally separated structured and unstructured data security,” said Varonis CEO, President,...

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