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Seattle marketing company Banzai goes public, rings opening bell at Nasdaq following SPAC deal

GeekWire

Banzai Photo) Marketing tech company Banzai rang the opening bell at Nasdaq on Friday as the Seattle firm officially became a public company. Banzai provides marketing tools to help companies run webinars, virtual events, and more. It shifted to help companies drive registrations to events. 30, 2022, and a net loss of $8.5

Company 103
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E-commerce company Kaspien, previously known as Etailz, is shutting down and laying off staff

GeekWire

Kaspien/LinkedIn Photo) Kaspien Holdings , a publicly traded company that helps online brands boost sales on Amazon and other e-commerce platforms, is closing up shop. Earlier this month the company said it planned to lay off its workforce with the exception of a “core group of employees” by the end of January. 28, down 9.3%

Company 113
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Connected car company Xevo, owned by Lear, hit with layoffs in Seattle area

GeekWire

The company, acquired by global automotive giant Lear in 2019, develops connected-car software for automakers including Toyota, GMC, Hyundai, and others. We’ve reached out to the company for comment and will update when we hear back. billion a year ago, and net income of $204 million, up from $76 million. It reported $5.4

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Vancouver, Wash. biotech company Absci files to go public

GeekWire

based company developing technologies to accelerate the process of drug discovery, announced today that it plans to go public via an IPO. The company’s platform is built to design and generate protein-based drug candidates and help screen them for optimal functioning. The company took in $1.1 Net losses were $14.4

Company 133
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Seattle startup Banzai to go public via SPAC and acquire marketing tech company Hyros

GeekWire

Banzai , a Seattle marketing software startup, announced Thursday that it will go public after it agreed to merge with a special-purpose acquisition company. The company also said that it will pay $110 million to acquire marketing optimization startup Hyros after the SPAC deal closes. The company said it raised a total of $21.2

Company 110
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Electric car company Polestar is going public via SPAC

The Verge

Polestar, the Swedish electric car company that is a joint venture between Volvo and Geely, is going public by merging with a special purpose acquisition company, or SPAC. Polestar is the latest EV company — and futuristic transportation company — to go public via a reverse merger with a so-called “blank check” company.

Company 98
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Microsoft buys AI speech tech company Nuance for $19.7 billion

The Verge

Microsoft will pay $56 per share for Nuance, a 23 percent premium over the company’s closing price last Friday. The deal includes Nuance’s net debt. billion acquisition of Nuance is Microsoft’s second-largest behind its purchase of LinkedIn in 2016 for $26 billion. Last month, the company completed its $7.5

Microsoft 139