Shares of healthcare technology and services firm Convey Health Solutions Holdings Inc. traded 138% higher after the company reported it received a proposal from majority shareholder TPG Inc. to take the company private. TPG has offered to buy all outstanding shares in Convey that it does not already own for $10.50 per share in cash.
Shares of AeroClean Technologies Inc. traded 150% higher after the company reported it received 510k clearance from the U.S. FDA for its Pūrgo™ medical-grade indoor air purification technology that uses UV-C LEDs to eradicate airborne bacteria, fungi, and viruses, including COVID-19.
Every once upon a time comes a new, groundbreaking technology that becomes the new industry standard. In 2007, Steve jobs brought us the iPhone, now SQL Technologies has pioneered the safe-smart SkyPlug.
Hemisphere Media Group Inc. shares traded nearly 80% higher today after the Spanish language media streaming company reported that it agreed to be acquired by Gato Investments L.P. in an all-cash transaction for $7.00 per share.
This technology solutions company plans to put an end to the $3-trillion-a-year counterfeiting market. With an easy-to-use QR tool on their smartphone, consumers can confirm instantly if a product is authentic.
Shares of Nano-X Imaging Ltd. traded 9% higher after the company reported it opened a new semiconductor chip fabrication plant in South Korea. The 12,000 sq. meter facility was commissioned to produce the firm's Nanox.SOURCE semiconductor chips for its novel digital Nanox.ARC 3D x-ray system.
Cellular infrastructure is big business, and start-ups in this space come around about as often as unicorns. Until now. One company is seeking to leverage its clout as a public company and grab an even bigger slice of the 5G wireless buildout.
Micro-cap tech names are underperforming the broad market, but one of such plays continues to put together deals and build on its fundamentals in anticipation of the day when investors return en masse to the space.