ARCA Biopharma Inc. (Nasdaq: ABIO), a Westminster company known for its focus on genetically targeted therapies for cardiovascular diseases, has announced a significant update regarding its corporate strategy and planned merger with Oruka Therapeutics Inc. As part of the merger, ARCA plans to divest its legacy technology and intellectual property, including assets related to Gencaro…more...
Golden Minerals Co. (NYSE-A: AUMN and TSX: AUMN) announced it does not have sufficient resources to meet its expected cash needs over the next twelve months. As of June 30, Golden Minerals had cash and cash equivalents of approximately $1.4 million. On the same date, it had accounts payable and other current liabilities totaling approximately…more...
Gogo Business Aviation (NASDAQ: GOGO) announced a collaboration with Duncan Aviation to pursue a Supplemental Type Certificate (STC) from the Federal Aviation Administration (FAA) for Gogo 5G on Bombardier Learjet 40/45/70/75 aircraft. The Gogo 5G system aims to provide enhanced inflight connectivity (IFC) in North America, offering increased speed, capacity, live experiences and the ability…more...
CarShield, a prominent seller of vehicle service contracts (VSCs), and its administrator American Auto Shield LLC (AAS) will pay $10 million to resolve charges by the Federal Trade Commission that their advertisements and telemarketing practices were deceptive and misleading. According to the FTC, many consumers found that repairs were not “covered” despite paying up to…more...
Hochtief and ACS Group have agreed on key terms to integrate their respective companies, Broomfield-based Flatiron Construction Corp. and Spain-based Dragados, to form the second largest civil engineering and construction firm in the United States. The new entity will be owned 61.8% by Madrid-based ACS Group and 38.2% by Germany-based Hochtief. The integration, expected to…more...
Platte River Mortgage & Investments Inc., a Lakewood mortgage and investment firm, has partnered with Austin-based Calque to expand the Trade-In Mortgage in Colorado. The Trade-In Mortgage is a loan option that allows borrowers to use their home equity to purchase another property before selling their current one. “Working with Calque empowers us to provide…more...
Lifeloc Technologies Inc. (OTC PINK:LCTC), a Wheat Ridge-based provider of breath alcohol testing devices, appointed Adam Kashenberg to its board of directors, effective July 23. Kashenberg is the president and CEO of Colorado Biolabs Inc. “We are pleased to welcome Adam to Lifeloc’s board,” said Vern Kornelsen, Lifeloc’s CFO and board chair. “Adam is an…more...
Ur-Energy Inc. (NYSE American: URG) announced the pricing of its underwritten public offering of 57.15 million common shares at a public offering price of $1.05 per common share. Ur-Energy has granted underwriters a 30-day option to purchase up to 8.572 million additional common shares on the same terms. The gross proceeds from this offering are…more...
SHF Holdings Inc., doing business as Safe Harbor Financial (NASDAQ: SHFS), announced a partnership with BIPOCann, a Denver-based consulting firm aiding social equity and minority entrepreneurs in the cannabis sector. BIPOCann will offer its full suite of membership benefits, valued at $600, to all of Safe Harbor’s existing social equity clients at no additional cost.…more...
The board of directors of Gogo Inc. (NASDAQ: GOGO) announced the appointment of Monte Koch as a board member, effective July 17. This addition expands the board from nine to 10 directors. “Monte brings unique, deep expertise on the business aviation ecosystem and is a valuable addition to Gogo’s board,” said Oakleigh Thorne, Gogo chairman…more...
Strategic Environmental & Energy Resources Inc. (SEER) (OTCQB: SENR), based in Broomfield, announced that its subsidiary, MV Technologies, has received multiple new contracts worth $1.4 million for H2S removal systems and media replacements across the US. The largest order, valued at approximately $600,000, was placed by one of the country’s largest potato processors for an…more...
On Tap Credit Union has announced two major promotions within its executive team. Daisy Romo has been promoted to executive vice president, and Tony Nieto has been elevated to chief lending officer. “Both Daisy and Tony have shown exceptional devotion and leadership,” said Tracie Wilcox, CEO of Golden-based On Tap Credit Union. “Their contributions have…more...