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Ford Reports Q3 U.S. Sales Of 509,764 Vehicles As Retail Share Increases

By Amit Chowdhry ● Oct 3, 2026

Ford reported U.S. third-quarter 2026 sales of 509,764 vehicles, down 6.6% year-over-year as the automaker continued the planned phase-out of the Ford Escape and Lincoln Corsair.

Novartis Signs Up To $7.8 Billion Licensing Deal With Abogen For mRNA-Encoded T-Cell Engager

By Amit Chowdhry ● Oct 3, 2026

Abogen Biosciences has entered into a licensing and option agreement with Novartis covering ABO2203 and additional potential programs based on Abogen's proprietary RNA platform, with the deal carrying up to approximately $7.8 billion in upfront and potential milestone payments.

Covington Elects 15 New Partners Across Five Global Offices

By Amit Chowdhry ● Oct 3, 2026

Covington has elected 15 lawyers to its partnership across offices in Brussels, Dubai, New York, San Francisco and Washington, expanding the firm's capabilities across litigation, regulatory, technology, life sciences, government contracts, capital markets, tax and project development.

Plains Appoints Dean Liollio As Chief Operating Officer

By Amit Chowdhry ● Oct 3, 2026

Plains All American Pipeline and Plains GP Holdings have appointed Dean Liollio as Executive Vice President and Chief Operating Officer, effective October 2, 2026.

IBM Elects Siris Capital Co-Founder Frank Baker To Board Of Directors

By Amit Chowdhry ● Oct 3, 2026

IBM has elected Frank Baker to its Board of Directors, effective October 1, 2026, adding a technology-focused private equity executive to the company's board.

Amazon Commits More Than $1 Billion To Data Center Communities Over Five Years

By Amit Chowdhry ● Oct 3, 2026

Amazon has announced a new community investment program that will add more than $1 billion in funding over the next five years to communities where the company operates data centers in the U.S.

Nvidia Hits Record High And Reaches $5.7 Trillion Intraday Market Cap

By Amit Chowdhry ● Oct 3, 2026

Nvidia shares hit a new intraday high on October 2, pushing the AI chip company's market capitalization to about $5.7 trillion.

Tesla Delivers 486,532 Vehicles And Deploys 13.7 GWh Of Energy Storage In Q3 2026

By Amit Chowdhry ● Oct 3, 2026

Tesla produced 464,391 vehicles and delivered 486,532 vehicles during the third quarter of 2026, while deploying 13.7 GWh of energy storage products across its energy business.

CG Financial Services Appoints Jon Patullo As COO And CIO

By Amit Chowdhry ● Oct 3, 2026

CG Financial Services has appointed Jon Patullo as Chief Operating Officer and Chief Information Officer as the independent wealth management firm invests in its technology, operating infrastructure and advisor platform to support continued expansion.

Civista Bancshares Names Mark J. Sams As Chief Revenue Officer

By Amit Chowdhry ● Oct 3, 2026

Civista Bancshares has appointed Mark J. Sams as Senior Vice President and Chief Revenue Officer, adding him to the executive leadership teams of both Civista Bancshares and Civista Bank.

First Merchants CEO Mark Hardwick To Retire And Mike Stewart Named Successor

By Amit Chowdhry ● Oct 3, 2026

First Merchants Corporation CEO Mark Hardwick will retire at the end of 2026 after 29 years with the bank, with current First Merchants Bank President Mike Stewart set to become President and CEO at the beginning of 2027.

CohnReznick Adds Bryan DaCanal As Transaction Advisory Managing Director

By Amit Chowdhry ● Oct 3, 2026

CohnReznick has added Bryan DaCanal as a Managing Director in its Transaction Advisory Services practice, expanding the professional services firm's financial and operational due diligence capabilities. DaCanal will be based in West Palm Beach, Florida.

Pemberton Appoints Dominic Courtman To Lead $1.6 Billion CLO Platform

By Amit Chowdhry ● Oct 3, 2026

Pemberton Asset Management has appointed Dominic Courtman as Managing Director and Head of its Collateralised Loan Obligation Group as the European private credit manager continues expanding its €1.6 billion CLO platform. Courtman will begin the role in January 2027.

HB Wealth Onboards $700 Million Advisor Team And Expands Into Texas

By Amit Chowdhry ● Oct 3, 2026

HB Wealth has expanded into Texas with the addition of Steven D. Podnos, Rachel Podnos O'Leary and Lauren Podnos-Garner, a three-advisor team that previously operated Wealth Care LLC with approximately $700 million in assets under management.

Concurrent Acquires Spire Investment Partners, Reaching $28.6 Billion In AUM

By Amit Chowdhry ● Oct 3, 2026

Concurrent Investment Advisors has acquired Spire Investment Partners, adding approximately $5.4 billion in assets across business lines and more than 30 advisor teams to its wealth management platform.

Nova Capital Acquires BMP Group And RB Medical From Andrew Industries

By Amit Chowdhry ● Oct 3, 2026

Nova Capital Management has acquired the BMP Group of companies and RB Medical from Andrew Industries, expanding its portfolio of specialized industrial, manufacturing and healthcare businesses.

NorthStar Earth & Space Completes Viking Combination At $300 Million Equity Value

By Amit Chowdhry ● Oct 3, 2026

NorthStar Earth & Space has completed its previously announced business combination with Viking Acquisition Corp. I, creating a publicly traded space intelligence company valued at an equity value of $300 million.

Parakeet Health Raises $10 Million Series A, Bringing Total Funding To $13 Million

By Amit Chowdhry ● Oct 3, 2026

Parakeet Health has raised an oversubscribed $10 million Series A after 10x annual recurring revenue growth and expanding adoption of its AI-based patient access platform. Canvas Ventures led the round, with participation from Blank Space Ventures, StoryHouse Ventures, and HMC INQ. The financing brings Parakeet's total funding to $13 million.

Kanu Raises $11.7 Million To Build Enterprise AGI Platform

By Amit Chowdhry ● Oct 3, 2026

Kanu AI has raised $11.7 million as it emerges from stealth with a platform designed to capture how employees perform complex work and turn that knowledge into production-grade enterprise software. Trilogy Equity Partners led the financing, with participation from a16z speedrun, BMW i Ventures and Accel.

Hall Chadwick And REEcycle File S-4 For Proposed Business Combination

By Amit Chowdhry ● Oct 2, 2026

Hall Chadwick Acquisition Corp. and REEcycle Holdings have filed a registration statement on Form S-4 with the U.S. Securities and Exchange Commission in connection with their previously announced proposed business combination, marking another step toward completing the transaction.

Cable One In Advanced Financing Discussions With GTCR And Private Lenders

By Amit Chowdhry ● Oct 2, 2026

Cable One is in advanced discussions with GTCR, certain existing lenders and a consortium of private lending institutions regarding potential financing transactions designed to address the broadband provider's upcoming capital requirements.

AI/ML Innovations Names Lynn Chapman As CFO And Plans 7.7 Million-Share Debt Settlement

By Amit Chowdhry ● Oct 2, 2026

AI/ML Innovations has appointed Lynn Chapman as Chief Financial Officer, effective October 1, 2026, as the company advances its artificial intelligence and neural-network technologies for digital health.

MobileX Names Raju Datla As Chief Financial Officer

By Amit Chowdhry ● Oct 2, 2026

MobileX has appointed Raju Datla as Chief Financial Officer as the wireless company expands distribution and invests in the technology supporting its customizable mobile service.

Duke Robotics Names Avi Levin As Chief Financial Officer

By Amit Chowdhry ● Oct 2, 2026

Duke Robotics has appointed Avi Levin as Chief Financial Officer, effective October 1, 2026, strengthening its executive team as the company seeks to expand its civilian and defense drone businesses.

Okuma America Promotes Summer Cline To Chief Financial Officer

By Amit Chowdhry ● Oct 2, 2026

Okuma America has promoted Summer Cline to Chief Financial Officer as the machine tool company continues investing in its long-term growth strategy.

WTEC Secures $345 Million Credit Facility Led By Santander Bank

By Amit Chowdhry ● Oct 2, 2026

WTEC has secured a $345 million asset-based revolving credit facility led by Santander Bank to provide additional working capital for the company's expansion across renewable energy, grid modernization, data center and AI infrastructure markets.

Rising Point Capital Management Closes $325 Million Inaugural Fund

By Amit Chowdhry ● Oct 2, 2026

Rising Point Capital Management has closed its inaugural institutional private equity fund with $325 million in total commitments, exceeding its original $250 million target.

SMT Energy Secures Up To $268 Million Equity Partnership With Climate Adaptive Infrastructure

By Amit Chowdhry ● Oct 2, 2026

SMT Energy has formed an equity partnership with Climate Adaptive Infrastructure for up to $268 million at the parent-company level to accelerate the development, construction and operation of battery energy storage projects across the U.S.

Daptic Raises $15 Million Series A For Product Compliance Platform

By Amit Chowdhry ● Oct 2, 2026

Daptic has raised a $15 million Series A led by Canvas Ventures, bringing total funding for the product compliance technology company to $22 million. IA Ventures and 8VC also participated in the round, along with other investors. As part of the financing, Rebecca Lynn of Canvas Ventures and Brad Gillespie of IA Ventures are joining Daptic's board.

Novele Raises $17 Million Series A To Scale AI Energy Platform For Commercial Buildings

By Amit Chowdhry ● Oct 2, 2026

Novele has closed an oversubscribed $17 million Series A to scale its autonomous energy intelligence platform for commercial buildings. Boisei Labs led the round, with participation from Locke Health, Arup Ventures, Barton Malow and several large commercial real estate owners and operators.