Utah's Top 10 Monetary, Financial, and/or Business Stories of May 2024
In our opinion, these 10 stories represent Utah's Top 10 Newsmakers in May 2024 across the monetary / financial / business ecosystem.
Another "Sneaky" IPO is Pending for Utah as "Recent" Transplant Waystar Holdings Announces its Forthcoming Initial Public Offering
I predict that the soonest (and most likely IPO scenario for Waystar) is for its shares to begin trading the week of June 24—28, the week before the July 4th holiday.
Has Salt Lake City, Utah-based Seek Labs Cracked the Code on Defeating the Near 100% Deadly African Swine Fever Virus?
The United States is the world's largest exporter of pork. And at the hog level, U.S. producers generated roughly $28 billion from animal sales in 2022, while employing 610,000 workers.
A Personal Tale about the Miracle of Modern Medicine
I used to think I was invincible. Or at least close to it.
I could easily run 3—5 miles without trying, had a resting heart rate of under 50 beats per minute, and I could eat almost anything and not gain any weight.
Then I hit 40.
First, my
Utah Set a New Record of at Least $39.2 Billion in Equity Deals in 2023 vs. the Previous High of $31.2 Billion Set in 2021, the Latest "Deal Flow Report" Says
M&A activity in Utah in 2023 represented over 91.3% of ALL known equity transactions that occurred in the state last year.
Utah's Top 19 Financial and Business News Nuggets from the First Half of May 2024 that You Might have Missed
NOTE: This writeup includes news about 20 Utah-based firms, 18 separate executives, and the death of one former public official.
NEWS BRIEF: HealthEquity Completes its $425 Million Acquisition of the BenefitWallet HSA Portfolio from Conduent
HealthEquity "... now serves more than nine million HSA members and more than 16 million total accounts."