Week Ending 03.24.19
UNITED AMERICA ACQUIRES TWC
SILVERGATE REFILES FOR USD 50M NYSE IPO
CONCORDIUM BRINGS IN FORMER NATO SECRETARY GENERAL
AND MORE ↓
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MERGERS AND ACQUISITIONS
United American, the Miami, Florida-based telecom, social media and blockchain firm, said it is acquiring Canada’s TNW Wireless for USD 5.25m in shares and CAD 2.7m (USD 2m) in debt.
Atlas Blockchain, the Vancouver, Canada-based cryptocurrency mining company, said its all share acquisition of Israeli cannabis company Irascann Biosciences has gone definitive.
Silvergate Capital, the San Diego, California-based company developing a digital bank, refiled for a USD 50m placeholder IPO on the NYSE.
CoinNess, the Hong Kong-based blockchain information platform, raised an unspecified amount in a Series A from investors that included China’s ShunWei Capital, according to a DealstreetAsia report.
Concordium, the Zug, Switzerland-based blockchain firm, said former NATO Secretary General Anders Fogh Rasmussen has joined as a strategic advisor. The company hired Lone Fønss Schrøder as CEO last month.
Figure Technologies, the San Francisco, California-based fintech company using blockchain, said it hired John Sweeney as head of wealth and asset management and Dr. Michael Dooley as chief economist.