In June, TXSE Group announced plans to launch the Texas Stock Exchange (TXSE), focused on enabling U.S. and global companies to access U.S. equity capital markets via a “fully electronic, national securities exchange." In the months since, that's led to endless discussion of the impact of North Texas' "Y'All Street." It was capped by yesterday's announcement that the TXSE had raised over $135 million to date as it named members of TXSE's board—including former Texas Governor and former U.S. Energy Secretary Rick Perry; former SEC Commissioner Rick Roberts; and Alex Bussandri, the global head of strategy at Citadel Securities.
Decades ago, Goldfarb's father rang the opening bell for his G-III Apparel Group, an American clothing company that designs, manufactures, markets, and sells women's and men's apparel with a global portfolio of licensed, owned, and private label brands. Today, the executive chairman of Irving-based Sow Good carried on the family tradition by ringing the opening bell at Nasdaq in New York's Times Square with Co-Founder and CEO Claudia Goldfarb and their team.
Dallas-based Apex Fintech Solutions has appointed Chantal Wessels as chief financial officer, succeeding Chris Springer, who will transition to strategic finance adviser, after a successful four-year tenure leading the company....
In the wake of Dallas-based RecNation's securing a $500M debt facility to supercharge its national expansion of its recreational storage and rental service, founder and CEO Gary Wojtaszek gave a playful hint of things to come on LinkedIn.
In this week’s North Texas deal flow, you’ll also find news about Taysha Gene Therapies landing a $50M investment; music tech startup MAX’s Series B raise; Dallas Venture Capital’s latest investment; Tyler Technologies’ $68M acquisition of Rapid Financial Solutions; NaturalShrimp hitting the Nasdaq Capital Market; and more.
Dallas-based MyndVR is a leading provider of virtual reality solutions for seniors and “active agers." Using gaze-based navigation with VR headsets, users can interact with MyndVr's immersive C.A.R.E. VRx app, which blends voice-based, guided imagery with 360-degree visuals of forests, lakes, beaches, and more.
Writing in a Nasdaq post, Brickler and Werth cite the federal Access to Prescription Digital Therapeutics Act of 2022 as a key opportunity for investors.
The investment by Tokyo-based Astellas Pharma gives it a 15% stake in Taysha and positions it to potentially purchase the company, according to the Dallas Morning News. The Dallas-based biotech firm's pipeline includes the "first-and-only" gene therapy in clinical development for Rett syndrome and a Phase 1/2 development of a treatment for an inherited nervous system disorder that's awaiting regulatory feedback.
“We believe this investment not only further validates the potential of our technology platform, but also reinforces the therapeutic and market opportunity of our two lead clinical assets,” Founder and CEO R.A. Sessions II says.
In this week’s North Texas deal flow, you’ll also find news about Universal EV Chargers landing $10M in grants; The Beneficient Company Group's plans to go public in a deal valued at $3.5B; NTT DATA’s acquisition of Apisero, ‘one of the largest all-stock transactions in the mid-to-upper-management recruiting space'; and more.
Founded in 2003, Beneficient aims to be listed on the Nasdaq via a merger with San Francisco bank-check company Avalon Acquisition Inc. The deal values Beneficient—whose end-to-end platform provides liquidity, data custody, and trust services for alternative asset holders—at $3.5 billion.
“We're working to democratize the industry starting with a simple, secure, rapid and cost-effective solution to what we saw as the most foundational and pressing need: liquidity," says founder and CEO Brad Heppner.
Founded in 2021, Dallas-based VRGL is an automated data and analytics platform for wealth management firms. Aimed at streamlining time to revenue and increasing initial check sizes, the platform can present a "complete and transparent view" of a prospect's entire portfolio within minutes—serving a need that's "ripe for innovation and disruption," one investor said.
“The VRGL team quickly took a one-firm product and turned it into a platform every advisor can use,” two other investors added in a joint statement.
Plus: Southlake SPAC to take financial services firm public; real estate startup Nada Closes $8.1M seed round; Southlake PE firm is raising two biotech-focused funds; Jones family-backed investment firm acquires travel software company; and more North Texas deals.
Dallas-based Open Realty—a retail-focused real estate investment firm that's helped companies like Apple, Warby Parker, and Bonobos bring brick-and-mortar stores to North Texas—has been acquired by New York-based Newmark Group.
Open Realty will now join Newmark's retail services business, joining the public company's global team of more than 6,300 worldwide.
Match Group CEO Shar Dubey is leaving her post May 31, but will stay on with the company as a board director and advisor. The move will allow more time for what she calls "the give back" chapter of her life.
Incoming CEO Bernard Kim currently serves as the president of mobile game maker Zynga, where he is credited with boosting Zynga’s market cap since 2016, leading to Zynga’s pending $12.7 billion acquisition by Take-Two Interactive.
Colorado-based Riot Blockchain, one of the world's largest publicly traded bitcoin mining companies, announced plans to develop a 265-acre site in Corsicana—about an hour south of Dallas—adding to its growing presence in the Lone Star State.
At full capacity, the development is expected to have one gigawatt of capacity—enough energy to power around 750,000 households.
Coppell-based Dave & Buster's is set to acquire Dallas-based Main Event Entertainment, which will continue to operate as a distinct brand. The combination of the family entertainment innovators is a "transformational opportunity," the companies say.
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Until recently, the majority of Lee Brown’s academic career and research at Texas Woman’s University had centered on corporate political activities and business-government interaction. But just two short years ago, Brown, the business college’s associate dean of research and an associate professor of management, started delving into artificial intelligence technology....
Plano-based Digital Matrix Systems is partnering with New York City-based fintech Stratyfy to support both companies’ common goal of helping leading institutions improve process and mitigate risk.
Founded in 1982, Digital Matrix is an international risk management solution provider that helps clients leverage the power of data to make better-informed business decisions....
The Colossal Foundation, the Dallas-based nonprofit arm of Colossal BioSciences has made an initial $1 million donation of its $3 million commitment to the Pask & Frankenberg Lab at the University of Melbourne in Australia to advance research and conservation efforts against chytridiomycosis, a fungal disease responsible for the extinction of at least 90 amphibian species worldwide and significant declines in over 500 other species....
Terrell-based Unified Power, a national provider of repair and maintenance services for uninterruptible power supply systems and backup generators, has been acquired by California-based Pearce Services, a leading national provider of operations, maintenance, and engineering services for critical infrastructure....
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Until recently, the majority of Lee Brown’s academic career and research at Texas Woman’s University had centered on corporate political activities and business-government interaction. But just two short years ago, Brown, the business college’s associate dean of research and an associate professor of management, started delving into artificial intelligence technology....
Plano-based Digital Matrix Systems is partnering with New York City-based fintech Stratyfy to support both companies’ common goal of helping leading institutions improve process and mitigate risk.
Founded in 1982, Digital Matrix is an international risk management solution provider that helps clients leverage the power of data to make better-informed business decisions....
The Colossal Foundation, the Dallas-based nonprofit arm of Colossal BioSciences has made an initial $1 million donation of its $3 million commitment to the Pask & Frankenberg Lab at the University of Melbourne in Australia to advance research and conservation efforts against chytridiomycosis, a fungal disease responsible for the extinction of at least 90 amphibian species worldwide and significant declines in over 500 other species....
Terrell-based Unified Power, a national provider of repair and maintenance services for uninterruptible power supply systems and backup generators, has been acquired by California-based Pearce Services, a leading national provider of operations, maintenance, and engineering services for critical infrastructure....