Sienna Biopharmaceuticals files for $75 million IPO
Westlake Village biotechnology company Sienna Biopharmaceuticals filed for an initial public offering with the Securities and Exchange Commission on June 3, stating expectations to raise up to $74.75 million. Founded in 2010, the company develops clinical-stage topical therapies for inflammatory skin diseases and other conditions. ARCH Venture Partners and Venvest Capital led a $40 million Read More →
Semtech acquires AptoVision Technologies
Semtech, a semiconductor and Internet of Things company based in Camarillo, signed a $28 million agreement to acquire AptoVision Technologies, a chip maker for high-definition displays based in Montreal. Semtech plans to finance the deal with cash on hand, including additional contingent payments of up to $47 million based on future financial targets, according to Read More →
Activist investor demands that Deckers Brands sell company
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Limoneira could triple lemon output at packinghouse
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MannKind hires financial adviser after boosting cash on hand
MannKind, a Southern California biotechnology company heading to Westlake Village, hired Greenhill & Co. as a financial and strategic adviser June 28, after requesting the last of its line of credit through a loan from the Mann Group. The company will draw on the remaining $30.1 million of funding, using $10.6 million to capitalize unpaid Read More →
Limoneira announces cash dividend
Agribusiness and real estate company Limoneira, based in Santa Paula, announced a quarterly cash dividend for its shareholders June 27. On July 18, the company will pay 5.5 cents per common share to stockholders of record as of July 10. • Contact Marissa Nall at [email protected].
CalAmp reports decline in revenues
Internet of Things provider CalAmp, which has operations in Oxnard, announced a decline in revenues for its fiscal year 2018 first quarter, ended May 31, and net losses flat to the previous first quarter at $2.7 million. Revenues fell 3 percent to $88.1 million, primarily as a factor of the closing of the company’s satellite Read More →
