US Government has Been Secretly Seizing and Stockpiling Cryptocurrencies for Years
The US government has been seizing and accumulating cryptocurrencies from cyber crime for a number of years, and then auctioning them off at sub-par market conditions. US authorities have been acquiring a record amount of cryptocurrencies over a span of multiple years, all of which has been seized from illicit cyber activities. “In fiscal year […]
US Safety Regulators Open Probe Into 580,000 Teslas Over Center Console Gaming Features
US auto regulators have opened a formal probe into hundreds of thousands of Tesla (NASDAQ: TSLA) vehicles, after the automaker enabled a feature that allows passengers to play games on the center touchscreen. The National Highway Traffic Safety Administration (NHTSA) announced on Wednesday that it will formally investigate 580,000 Tesla Model 3, S, X, and […]
Cannabis Marketing Agency Springbig To Be Taken Public In SPAC Merger
Cannabis marketing platform Springbig is set to be taken public by special purpose acquisition company Tuatara Capital Acquisition Corporation (Nasdaq: TCAC). The companies have filed confidentially with the US Securities and Exchange Commission regarding their proposed business combination. The blank check firm closed its US$20 million initial public offering in February 2021, offering 20 million […]
QYOU Media: Growth To Continue Into 2022 – The Daily Dive
On this Daily Dive episode, Cassandra is joined once again by Curt Marvis, CEO and founder of QYOU Media (TSXV: QYOU). He comes back to share the company’s latest updates (0:52), the upcoming new channel Q Marathi (2:19), and the company’s prospect in tokenization (3:58). Curt also talks about the value of content distribution for […]
Kaixin Auto Receives 5-Year Order For 10,000 Electric Trucks For US$250 Million
Chinese carmaker Kaixin Auto Holdings (Nasdaq: KXIN) is adding another purchase order to its books. The firm announced today a strategic partnership agreement with Beijing Shencheng Biotechnology Group Limited for an order of 10,000 customized electric trucks. Under the agreement, the Chinese biotech firm agreed to purchase the “new energy” vehicles over the next five […]
Taiga Motors Completes Initial Electric Snowmobile Production, Targets Deliveries In Early 2022
Taiga Motors Corporation (TSX: TAIG) announced today that it has completed the production of its first customer-ready electric snowmobiles. The firm is targeting to begin initial deliveries in early 2022. “With the sleds soon ready for the snow, we are excited by the idea of our customers being able to ride on these cutting-edge machines […]
Noront Resources Terminates Agreement With BHP, To Be Acquired By Wyloo Metals Instead
After a series of back and forth acquisition offers, Noront Resources Ltd. (TSXV: NOT) announced on Wednesday that it has entered into an acquisition agreement with Wyloo Metals. This follows after BHP Lonsdale waived its right to match the offer. According to the agreement, Wyloo Metals is offering to acquire all outstanding Noront Resources common […]
Chinese Miner Huayou Cobalt Looks To Acquire Lithium Mine In Zimbabwe For US$422 Million
Chinese mining firm Zhejiang Huayou Cobalt (SSE: 603799) announced on Wednesday that it is looking to acquire a 100% stake in the Arcadia lithium mine in Zimbabwe. The acquisition’s total consideration is reportedly US$422 million. The Zhejiang-based company intends to acquire the property from Prospect Lithium Zimbabwe. According to its filing, it is willing to […]
Vejii To Acquire B2B Plant-Based Food Service Provider VEDGEco
Vejii Holdings (CSE: VEJI) is the latest firm to enter an M&A transaction this week among small cap issuers. The plant based food focused firm this morning announced that it has entered into an arrangement to acquire VedgeCo USA Inc via an all-share transaction. VedgeCo bills itself as one of the first nationwide providers of […]
Curaleaf To Acquire Arizona Dispensary For US$13.0 Million, Relocate It 161 Miles Away
Curaleaf Holdings (CSE: CURA) is expanding its presence in Arizona yet again. The company this morning announced that it is acquiring yet another dispensary in the state, with the latest being referred to as Natural Remedy Patient Center. Located in Safford, Arizona, the firm is being acquired under a definitive agreement for cash and shares. […]