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Finance

Finance

Providing perspective and contextual insights on the monetary aspects of the Finance industry within the state of Utah, from Banking to FinTech and from venture capital to cryptocurrency.

NEWS BRIEF: Utah's PGR Boosts its Total Skiable Terrain by 67% as it Buys Controlling Interest in Powderhorn, its Fifth Ski Resort

NEWS BRIEF: Utah's PGR Boosts its Total Skiable Terrain by 67% as it Buys Controlling Interest in Powderhorn, its Fifth Ski Resort

According to multiple news reports published over the weekend, Park City, Utah-based Pacific Group Resorts (PGR) has acquired controlling interest in Mesa, Colorado-based Powderhorn Mountain Resort from Denver, Colorado-based Gart Capital Partners and long-time ski industry veteran, Andy Daly. Officially, no financial terms of the acquisition have been published by
David Politis
Utah-based Sera Prognostics to Raise $50 Million to Help Leverage Proteomics to Boost its Efforts to Identify Preterm Birth Candidates and Improve Maternal and Neonatal Health

Utah-based Sera Prognostics to Raise $50 Million to Help Leverage Proteomics to Boost its Efforts to Identify Preterm Birth Candidates and Improve Maternal and Neonatal Health

In plans announced earlier this week, Salt Lake City, Utah-based Sera Prognostics (NASDAQ:SERA) priced a secondary public offering on Monday, 10 February 2025, with plans to raise $50 million in gross proceeds yesterday, 12 February 2025. As of 07:05am MT today (Thursday, 13 February 2025), Sera has not
David Politis
With 5,000 New On-Campus Beds Planned, the UofU Breaks Ground on a $170 Million Residence Hall to Meet ~30% of the Eventual Buildout

With 5,000 New On-Campus Beds Planned, the UofU Breaks Ground on a $170 Million Residence Hall to Meet ~30% of the Eventual Buildout

Some 16-months-on, the University of Utah's multiyear, multiphase project with American Campus Communities has officially begun with the groundbreaking for the $170 million on-campus, six-story, 1,450-bed residence hall. When housing construction at the UofU is completed, ACC will have built multiple dormitories at the University of Utah,
David Politis