Deals/IPOs/M&A

Earlier this month, NVIDIA announced a $40B acquisition of ARM, a U.K. semiconductor company focused on designing CPUs and licensing out IP. SoftBank, a Japanese holding company, acquired ARM for $32B in 2016. [more]

This past quarter, the cryptocurrency industry experienced high M&A and capital markets activity, as digital asset funds become more regulated and cryptocurrency exchanges facilitate greater adoption of digital assets. [more]

The new funds will be used for the continued optimization and de-risking, and allows for the expansion of exploration programs. Existing 1M oz Au resource and PEA on the Hammerdown & Orion projects. [more]

Since launching their IPOs last week, Rocket Companies and BigCommerce experienced an increase in stock price of 22% and 219%, respectively. However, Rackspace struggled as its stock price dropped by over 20% since its IPO. [more]

Canada’s newest tech darling closed up 80% in its first week of trading. Oversubscribed offering grows to $172.5M from $100M. The Company’s customers include top tier financial institutions and law firms serving customers in Canada and the UK. [more]

The well-funded silver explorer now has C$75M in cash and an M&I resource of 1B oz of Silver equivalent at Cordero. The proceeds will be used primarily to fund continuing exploration program at its Cordero and Coahuila projects in Mexico. [more]

Last week, Analog Devices announced a $21B all-stock acquisition of Maxim Integrated Products. The two semiconductor businesses will complement each other as Maxim’s expertise in the automotive and data centre markets will be merged with Analog Devices’ experience in industrial, communication, and healthcare markets. [more]

Spin out of Equinox Gold and part of the Augusta Group has $25 million in the bank. Solaris is advancing a portfolio of copper, gold, silver and molybdenum projects in Central and South America, with its primary focus on the Warintza copper-molybdenum-gold property in Ecuador. [more]