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BenzingaBenzinga··Not Specified

Rongcheng Group to Go Public via $350M SPAC Merger with GalaxyEdge

Waste sorting provider Rongcheng Group agrees to merge with SPAC GalaxyEdge, valuing the company at $350M pre-money and enabling public market access.
GLEDGLED.UGLEDracquisitionmerger
BenzingaBenzinga··Chris Katje

Gerber: Tesla's Brand Damage From Musk Politics Costing Millions in Sales

Gerber Kawasaki CEO Ross Gerber defends Tesla criticism, arguing Elon Musk's political views have damaged the automaker's brand and halved potential sales to 1.5M vehicles.
TSLAGKElon MuskTesla
BenzingaBenzinga··Prnewswire

TEN Holdings Loses $19.5M in Maiden Year as Public Company Despite Revenue Decline

TEN Holdings reported $3.1M revenues (down 11.4%) and $19.5M net loss in its first year as public company, offset by doubled customer acquisitions and strategic partnerships.
XHLDfinancial resultsnet loss