Energy Vault to go public in SPAC deal
Westlake Village-based Energy Vault will go public after entering into an agreement with the special purpose acquisition company Norvus Capital Corp., in a deal worth up to $388 million. The combined company will have an enterprise value of about $1.1 billion once the deal is complete, according to a Sept. 9 news release from Energy Read More →
Semtech shares still soaring after Q2 earnings report
Shares of Camarillo-based Semtech climbed nearly 10% after a strong earnings report on Sept. 1, and in the following week continued to trade at their highest levels since February. Semtech, a semiconductor company specializing in Internet of Things applications, closed at $77.50 on Sept. 7. That was 9% above its closing price of $71.13 on Read More →
Dubroff: Haas Manufacturing Lab points to Ventura County’s past and future
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Energy storage firm puts another $100M in venture capital in its vault
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Real Estate: UCSB faces housing crunch, could place students in hotels
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Hair care company with UCSB roots plans IPO
Olaplex, a hair care products company founded in Santa Barbara using technology developed by UCSB chemists, is planning an initial public stock offering. The company filed a prospectus with the U.S. Securities and Exchange Commission on Aug. 27, but the filing gave no details on the price of the shares, the number of shares to Read More →
Our View: Heidi Harmon changed the game as mayor of SLO
When Heidi Harmon narrowly won election as mayor of San Luis Obispo back in 2016, she vowed to shake up the status quo. And that’s what the former Bernie Sanders convention delegate did when she won by a handful of votes. During the next five years, she pressed the no-growth crowd for more housing, including Read More →
