Archives

Strategy: $2 Billion Bitcoin Purchase Funded By Stock Sales Expands Holdings To 843,738 BTC

By Amit Chowdhry ● May 19, 2026

Strategy announced that it acquired 24,869 Bitcoin between May 12 and May 18, 2026, for approximately $2.01 billion in cash, at an average purchase price of about $80,934 per Bitcoin, including fees and expenses.

Arbor Realty Trust: $787 Million Legacy CLO Redeemed To Unlock Additional Liquidity

By Amit Chowdhry ● May 19, 2026

Arbor Realty Trust announced that it redeemed in full and at par $787 million of outstanding notes tied to its legacy CLO 17 transaction on May 15, 2026. In connection with the redemption, the company transferred approximately $1.21 billion of assets into two existing repurchase facilities with JPMorgan Chase Bank, N.A., securing improved financing terms and enhanced leverage.

EQT: €5 Billion Scaleup Europe Fund Mandate Awarded By European Commission

By Amit Chowdhry ● May 19, 2026

EQT announced it has been selected by the European Commission and a coalition of founding investors across Europe as the preferred investment adviser and fund manager for the Scaleup Europe Fund, a new initiative designed to help European technology companies scale globally while maintaining their European roots.

Clear Street: Ed Tilly Retiring As CEO And Founder Uri Cohen Returning To Lead Company

By Amit Chowdhry ● May 19, 2026

Clear Street announced that CEO Ed Tilly will retire from his executive role in June 2026, while remaining on the company’s Board of Directors and continuing in an advisory role focused on international relations and expansion. Founder and Executive Chairman Uri Cohen will transition into the CEO role effective June 1, 2026.

Libsyn Appoints Todd Pringle As Vice President Of Product To Drive Creator Growth

By Amit Chowdhry ● May 19, 2026

Libsyn announced the appointment of Todd Pringle as Vice President of Product, reinforcing the company’s focus on accelerating innovation across its podcast publishing, distribution, monetization, and advertising platform.

Brenmiller Energy: Nir Brenmiller Appointed CEO To Lead Commercial Expansion And Advance BNRG360 Strategy

By Amit Chowdhry ● May 19, 2026

Brenmiller Energy announced that its Board of Directors appointed Nir Brenmiller as Chief Executive Officer as the company looks to accelerate commercialization efforts and expand its BNRG360 strategy amid growing global demand for industrial decarbonization solutions. The appointment was approved on May 14, 2026, and will become effective following shareholder approval of updated compensation packages for Nir Brenmiller and Chairman Avi Brenmiller.

PNC Bank: Tim Ferriter Appointed Head Of Retail Product, Digital And Growth

By Amit Chowdhry ● May 19, 2026

PNC Bank announced it has hired Tim Ferriter as head of Product, Digital, and Growth within its Retail Bank division. Ferriter will report to Alex Overstrom and will be based in Wilmington, Delaware.

Rein Therapeutics: $57.5 Million Public Offering Closed To Advance IPF Clinical Trial

By Amit Chowdhry ● May 19, 2026

Rein Therapeutics announced the closing of a $57.5 million underwritten public offering, including the full exercise of the underwriters’ over-allotment option, strengthening the company’s financial position as it advances its pulmonary fibrosis pipeline.

Quince Therapeutics: $187 Million Private Placement And Orphai Acquisition To Advance Pulmonary Disease Pipeline

By Amit Chowdhry ● May 19, 2026

Quince Therapeutics announced the acquisition of Orphai Therapeutics along with a private placement financing valued at up to $187 million to expand its pulmonary disease pipeline. The acquisition adds Orphai’s lead program, LAM-001, an inhaled formulation of rapamycin designed to treat multiple pulmonary diseases including pulmonary hypertension associated with interstitial lung disease (PH-ILD), bronchiolitis obliterans syndrome (BOS), and sarcoidosis-associated pulmonary hypertension (SAPH).

Qwoted: Chloe Kim Appointed As Editor-in-Chief To Lead Media Innovation Strategy

By Amit Chowdhry ● May 19, 2026

Qwoted announced the appointment of Chloe Kim as Editor-in-Chief as the company expands its efforts to support journalists and modernize how media organizations connect with expert sources.

POET Technologies: $400 Million Investment Closed To Scale AI Photonic Interconnect Manufacturing

By Amit Chowdhry ● May 19, 2026

POET Technologies announced the closing of a US$400 million registered direct offering to accelerate manufacturing scale-up and strengthen its position in photonic interconnect solutions for frontier AI infrastructure markets.

RideNow Group: $35 Million In Additional Floorplan Capacity Secured To Expand Inventory Financing

By Amit Chowdhry ● May 19, 2026

RideNow Group announced that it has secured an additional $35 million in floorplan financing capacity, increasing the company’s total credit capacity to approximately $400 million. The added financing is designed to support several of the company’s major OEM relationships and strengthen inventory availability across its dealership network during the 2026 riding season.

Avid Bioservices: Maria Ebro Andreasen Appointed Chief People Officer To Support Growth And Talent Strategy

By Amit Chowdhry ● May 19, 2026

Avid Bioservices announced the appointment of Maria Ebro Andreasen as Chief People Officer as the biologics CDMO continues expanding its operations, workforce, and long-term talent initiatives to meet increasing customer demand.

Greenbriar Sustainable Living: Dominique Ramuz Appointed Managing Director Of Renewable Energy Advisory Board

By Amit Chowdhry ● May 19, 2026

Greenbriar Sustainable Living announced the appointment of Dominique Ramuz as Managing Director of the Renewable Energy Advisory Board. Ramuz, a Swiss national, brings more than 25 years of experience across energy, infrastructure, business transformation, corporate governance, and strategic leadership.

Gray Media: Jamie Bremer Named General Manager Of WFIE In Evansville

By Amit Chowdhry ● May 19, 2026

Gray Media announced that Jamie Bremer has been named the next General Manager of WFIE, the NBC affiliate in Evansville, Indiana, effective immediately.