Utah's Top 15 Monetary, Financial and Business News Nuggets from the First Half of June 2024 that You Might have Missed
In this writeup, you'll find info about 18 Utah-based firms and nine separate Utah-based executives.
BREAKING NEWS: Provo, Utah-based Canary Speech Closes $13 Million Round of Series A Funding to Help Advance its AI-based Early Detection of Mental and Emotional Health Challenges
As someone who watched the horrific progression of Alzheimer's Disease as it stripped away the mental and emotional essence of my mother over a six-year journey, I was pleased to see the announcement this morning that Canary Speech has landed a $13 million round of Series A funding.
The Puzzling Tale of a $15.675 Million Reg D 506 Offering Designed to Create a "Wasatch Back" Addiction Treatment Business ... I Think.
AUTHOR'S NOTE
Before diving into this story, a bit of contextual flavor may be helpful for anyone who doesn't know me or my professional background.
During my career, I have primarily worked with (or for) hundreds of firms, of all sizes, across multiple industries typically trying
Top 12 Financial and Business News Nuggets from the Second Half of May 2024 that You Might have Missed
{NOTE: This writeup includes news about 12 Utah-based firms and five executives.}
BREAKING NEWS: Waystar Holdings is Now a Publicly Traded Company and has Raised $967+ Million in Gross Proceeds from its IPO
Just 10 days after filing the 7th amendment of its Form S-1 with the U.S. Securities and Exchange Commission signaling its intent to sell shares via an Initial Public Offering, Lehi, Utah-based Waystar Holdings has done just that this morning (Friday, 07 May 2024) and is now a publicly
NEWS BRIEF: With a mere $15 Million Investment, PACS Group is Boosting its Footprint by Nearly 25% by Acquiring the Operations of 53 Healthcare Facilities in the Western U.S.
With the acquisition, PACS Group will see its footprint grow by nearly 25% to over 260 facilities, up from 218 facilities as of the end of the company's first quarter (ended 31 March 2024).
NEWS BRIEF: With a Combined Construction Budget of Nearly One-Quarter of a Billion Dollars, the UofU has Broken Ground on Two New Buildings
In total, the University of Utah will spend a combined $244 million to bring over 310,000-square-feet of instructional, administrative, and collaborative space on campus with these two new buildings.