The all-stock deal marks a significant move in the ongoing consolidation wave among U.S. regional banks, creating a new top-ten lender.
Shares surged over 100% in after-hours trading following a $35.6 million investment to advance a strategic mining project in Alaska.
Despite a revenue beat, the semiconductor equipment supplier's net loss and missed earnings per share estimates sent shares tumbling in after-hours trading.
The dilutive share offering at $1.25 per share comes just a week after the energy storage company's stock surged over 100%.
Taiwan Semiconductor hits a 52-week high while AMD and OpenAI announce a landmark chip deal, signaling sustained bullish momentum for chipmakers.
The private placement deal with an institutional investor is set to fund the development of the company's massive Tanbreez rare earth project in Greenland.
The executive search firm's shares jumped over 19% after agreeing to an all-cash acquisition by an investor group led by Advent International and Corvex.
All-stock transaction marks significant consolidation in the regional banking sector, creating the 9th largest U.S. bank by assets.