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Government

Providing perspective and contextual insights on the monetary aspects of Government within Utah that impacts the citizens of the state, from local to international, including agencies and contractors.

Utah-based Waystar Announces Public Offering Slated to Raise Over $800 Million for its Three Largest Shareholders

Utah-based Waystar Announces Public Offering Slated to Raise Over $800 Million for its Three Largest Shareholders

Lehi, Utah-based Waystar (NASDAQ:WAY) announced yesterday afternoon it would conduct a secondary public offering where its three largest shareholders will sell at least 18 million shares of common stock with gross proceeds of over $800 million, based upon yesterday's closing price of $45.11. According to

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

With $20 Million in New Funding, Utah-based Jump Targets a Market Responsible for Over $128 Trillion

With $20 Million in New Funding, Utah-based Jump Targets a Market Responsible for Over $128 Trillion

Yup, $128.4 trillion. That's the Total Addressable Market that Salt Lake City, Utah-based Jump is focused on. That TAM, coupled with Jump's shocking ability to leverage artificial intelligence to make its end-users 10X more efficient (and successful), make it no surprise to this

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

Top 28 Utah-focused Monetary, Financial and/or Business News Nuggets for January 2025 that You Might have Missed

Top 28 Utah-focused Monetary, Financial and/or Business News Nuggets for January 2025 that You Might have Missed

In this writeup, you'll find info about 31 Utah-based organizations and 17 separate executives that we feel made the cut as "newsworthy" in January 2025. This being the case, welcome to this writeup on Utah's Top 28 Monetary, Financial and/or Business News

Are Naming Rights Available for the Provo Airport? For as Little as $8 Million, Maybe So.

Are Naming Rights Available for the Provo Airport? For as Little as $8 Million, Maybe So.

With a $78 million funding commitment from the Utah County Commission, Utah's Provo City now finds itself just $12.5 million shy of the ~$140 million in monies needed to expand to 10 gates from the 4 gates currently in operation at the Provo Airport. Presuming that the

NEWS BRIEF: Boeing Lands $234 Million Contract Modification for ICBM Work to be Performed in Layton, Utah

NEWS BRIEF: Boeing Lands $234 Million Contract Modification for ICBM Work to be Performed in Layton, Utah

Under the original contract, the value of Boeing's ICBM work in Utah now reaches nearly $1.9 billion. Boeing (NYSE:BA) has landed a $234 million contract modification for ICBM work that it will perform in Layton, Utah in connection with Hill Air Force Base in Davis County,