Hennessy Capital surges 34% on merger – here’s what you need to know

Hennessy Capital merger

Hennessy Capital Acquisition Corp IV Class A (NASDAQ: HCAC) has recently gained a fresh vote of confidence from investors. The Special Purpose Acquisition Company (SPAC) has seen an impressive gain of 34% in the share price over the past month. On August 18th, the company announced it had reached a definitive agreement with Canoo, a high growth EV manufacturer to merge both companies.… Read more

Johnson & Johnson set to acquire Momenta Pharmaceuticals – here’s what investors need to know

Johnson & Johnson announced this morning that they have entered a “definitive agreement” to acquire Momenta Pharmaceuticals at $52.50 per share. The acquisition has been confirmed as an all-cash transaction, which has been approved “unanimously” by the Board of Directors from both J&J and Momenta. The acquisition is set to be finalised later this year, assuming all the closing conditions are met by both parties in the tender process.… Read more

What TVIX investors need to know before Credit Suisse delists the ETN on July 12th

Credit Suisse announced its intention to delist the popular Exchange Traded Note VelocityShares Daily 2x VIX (TVIX). Alongside 8 other publicly listed ETN’s, TVIX will no longer be traded on the NASDAQ effective of July 12th while new issuances suspended on the 3rd of July. If you aren’t completely familiar with ETN’s we will breakdown what they are and what happens when they delist from a public exchange such as the NASDAQ.… Read more