Anticoagulant drug developer Cardrenal Therapeutics files for $10M IPO

designer491 Anticoagulant drug developer Cardrenal Therapeutics (CVKD) has filed for a proposed $10M initial public offering. Cardrenal said in a filing that it considering offering 2M shares at the assumed price of $5 per share, which would raise $10M. Underwriters would be granted a 45-day option to buy up to 300K additional shares. Boustead Securities … Read more

Glenhawk doubles unregulated bridging loans to £10m

Glenhawk has launched an unregulated bridging product range that doubles its existing loan size to £10m, targeting professional landlords with residential and hospitality properties. The range covers residential loans up to 75% loan to value, commercial and mixed-commercial deals, up to 70% LTV, and development exits, up to 75% LTV, says the specialist short-term lender. … Read more

ProNavigator Raises $10M Growth Investment, Opens Second HQ

ProNavigator, provider of the only purpose-built SaaS knowledge management platform made for insurance, has closed $10 million of growth financing to accelerate U.S. and Canadian sales and product development and grow the team. ProNavigator founder and CEO, Joseph D’Souza, will lead the U.S. expansion strategy and additional team from the new, second headquarters in Raleigh, … Read more

United Pays $10M Deposit for 100 Electric Aircraft

The electric aircraft industry received another boost of confidence this week as United Airlines paid Archer Aviation a $10 million deposit for 100 of the company’s vertical take-off and landing aircraft, the manufacturer announced Wednesday. The payment follows a 2021 conditional agreement between the companies in which United, along with regional partner Mesa Airlines, committed to the … Read more

Energy Transfer to pay $10M toward clean-up in Pennsylvania pipeline case (NYSE:ET)

zorazhuang/iStock via Getty Images Energy Transfer (NYSE:ET) agreed to plead no contest to criminal charges related to the construction of the Mariner East 2 pipeline and Revolution pipeline in Pennsylvania, the state attorney general’s office announced Friday. The plea deal requires the company to pay for homeowners’ water supply testing and clean-up, as well as … Read more