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Permira completes Squarespace acquisition after upping bid to $7.2B

TechCrunch: M&A

Website builder Squarespace is no longer a publicly traded company, after private equity firm Permira procured all remaining common stock in the firm. Permira first revealed plans to acquire Squarespace back in May, offering shareholders in the NYSE-traded company $44 per share — this equated to an equity valuation of $6.6

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Getaround aims to scale car-sharing platform with HyreCar acquisition

TechCrunch: M&A

Peer-to-peer car-sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car-sharing marketplace, for $9.45 Getaround’s stock soared 135% in after-hours trading on the news, reaching a high of $0.80. To date, Getaround’s stock has lost 96% of its value.

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Rights of ADS Holders in Israeli Companies Traded on Nasdaq

JD Supra: Mergers

As part of proceedings brought by activist shareholders of Nano Dimension, an Israeli incorporated Nasdaq traded company, the District Court ruled that ADS (American Depository Share) holders should be treated as shareholders of the company. The significance of this ruling in Israel. By: Barnea Jaffa Lande & Co.

Trading 165
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Sustainable Trading launches Member Progress Framework

The TRADE

Sustainable Trading has launched its new Member Progress Framework, offering an effective way to engage directly with the firm and sustainability practices in the trading industry. The post Sustainable Trading launches Member Progress Framework appeared first on The TRADE.

Trading 64
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ETF Share Transactions Based on Nonpublic Information: An Illegal Secret Ingredient?

JD Supra: Mergers

Those with nonpublic information about a merger or acquisition involving a company appear to be profiting by trading in shares of exchange-traded funds based on indexes that include such companies’ shares, according to a recent study by Swedish and Australian researchers. By: Carlton Fields

Shares 165
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Bitcoin ETFs see record-high trading volumes as retail investors jump on crypto rally

CNBC: Investing

The iShares Bitcoin Trust (IBIT) has already seen a record number of shares traded on Wednesday.

Trading 142
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Roaring Kitty's GameStop stake grows to 9 million shares after selling his big options position

CNBC: Investing

Keith Gill posted a new screenshot of his E-Trade portfolio after the bell Thursday showing that he is now holding more than 9 million GameStop shares.

Shares 140