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21.09.26 - 13:03
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Magnachip Announces Strategic Investment by Navitas Semiconductor (Business Wire)
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Investment deepens strategic partnership and supports development of differentiated next-generation power semiconductor solutionsSEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”), a designer and manufacturer of analog and mixed-signal power semiconductor platform solutions, today announced that Navitas Semiconductor Corporation (Nasdaq: NVTS) (“Navitas”) has agreed to make a $5 million strategic equity investment in Magnachip.
Under the terms of a privately negotiated stock purchase agreement, Magnachip will issue and sell 1,461,988 shares of its common stock to Navitas at a purchase price of $3.42 per share, for aggregate proceeds of $5 million. The transaction is expected to close on or about September 24, 2026, subject to the satisfaction or waiver of customary closing conditions.
The investment builds on the growing strategic partnership between Magnachip and Navitas following the announcement in July 2026 to accelerate the a...
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13.08.26 - 22:09
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Laird Superfood Reports Second Quarter 2026 Financial Results (Business Wire)
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Second quarter revenue increases 244% to $41.3 million.
Net Loss of $1.8 million; Adjusted EBITDA of $3.0 million.
Cash increases to $23.2 million.BOULDER, Colo.--(BUSINESS WIRE)--#coffee--Laird Superfood, Inc. (NYSE American: LSF) (“Laird Superfood,” the “Company,” “we,” and “our”), today reported financial results for the second quarter ended June 30, 2026.
Jason Vieth, Chief Executive Officer, commented, “Q2 was another transformational quarter for Laird Superfood as we closed the acquisition of Terrasoul Superfoods and completed the integration of Navitas into the Company's processes, organization and ERP system. During the second quarter, we successfully launched Laird's coffees and coffee creamers at approximately 1,000 Wal-Marts nationwide and expanded our assortment of Navitas products at retailers including Target. These wins are the direct result of our continued investment in product innovation, our robust supply chain and our deepening partnerships with the largest retailer...
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