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Energy Vault to go public in SPAC deal

By   /  Thursday, September 9th, 2021  /  Banking & Finance, East Ventura County, Energy, Green Coast, Latest news, left, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on 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 →

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Semtech shares still soaring after Q2 earnings report

By   /  Tuesday, September 7th, 2021  /  Banking & Finance, Earnings, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on 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 →

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Energy storage firm puts another $100M in venture capital in its vault

By   /  Friday, September 3rd, 2021  /  East Ventura County, Energy, Green Coast, Latest news, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Energy storage firm puts another $100M in venture capital in its vault

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Hair care company with UCSB roots plans IPO

By   /  Friday, September 3rd, 2021  /  Banking & Finance, Education, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on 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 →

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Our View: Heidi Harmon changed the game as mayor of SLO

By   /  Friday, September 3rd, 2021  /  Editorials, Education, Government, Latest news, Law, Opinion, Technology  /  Comments Off on 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 →

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SLO’s iFixit takes on big tech over the right to repair your devices

By   /  Friday, September 3rd, 2021  /  Central Coast, Latest news, right, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on SLO’s iFixit takes on big tech over the right to repair your devices

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Semtech shares up after strong earnings report

By   /  Wednesday, September 1st, 2021  /  Banking & Finance, Earnings, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech shares up after strong earnings report

Semtech Corp., a Camarillo semiconductor company specializing in Internet of Things applications, saw shares up more than 5% after the markets closed Sept. 1 after the company shared a record-breaking financial statement for the second quarter of fiscal year 2021-22. Semtech delivered earnings of $32.2 million, or 50 cents per share, for the second quarter Read More →

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