Damon Motors revs up to go public on the Nasdaq via reverse merger
The reverse merger will be completed with a UK-based spinoff of Inpixon.
Markets
Struggling, TSX-listed BBTV announces plan to become a private company
BBTV founder and CEO, Well Health CEO to privatize Vancouver firm.
Hiive secures $5.7-million CAD Series A to improve VC secondary trading
Hiive is still seeing a significant bid-ask spread for secondary stakes on its platform.
Boston-based Haemonetics announces intent to acquire OpSens in healthtech deal worth $345 million CAD
OpSens said acquisition will provide the company with a global sales channel.
WonderFi files SEC registration statement as crypto firm eyes Nasdaq listing
CEO called the move “an important first step” towards US expansion.
Loop Energy lays off majority of staff, citing challenging capital market conditions
Hydrogen fuel cell firm terminates 84 employees, shuts China office.
Shopify takes stake in Faire as part of new partnership
Shopify merchants will get access to Faire products while Shopify POS becomes Faire’s preferred provider.
Netcoins loses $343,000 in second security breach within 17 months
“Bad actor” makes off with hundreds of thousands from the cryptocurrency platform’s operational float.
As enterprises dip their toes into generative AI, Plurilock finds gains in selling safety
Regulatory changes are putting greater pressure on compliance, says CEO Ian Paterson.
TikTok to remove ‘Storefront’ integration with Shopify and others, pushing merchants to use TikTok Shop
As one integration ends, Shopify adds another: USDC payments through Solana Pay.
National Bank acquires Silicon Valley Bank’s Canadian commercial loan portfolio
The $1-billion CAD portfolio includes $325 million CAD in outstanding loan commitments.
DeFi company Wellfield inks deal to acquire crypto custodian Brane Trust
Canadian crypto consolidation continues with Toronto, Ottawa firms set to join forces.
Long-time VP and product leader Satish Kanwar departs Shopify
Kanwar steps down 10 years after Shopify’s Jet Cooper acquisition.
WonderFi, Coinsquare, CoinSmart merge as landmark Canadian crypto deal closes
The merger comes during a challenging time for the crypto industry.
Gaming and esports tech firm Swarmio files for creditor protection
Swarmio Media has announced that it is seeking creditor protection. The Halifax-headquartered gaming tech firm has filed an…