Financing

Galecto (GLTO) Soars on Damora Therapeutics Acquisition and $285M Financing: IND in 2026, Proof‑of‑Concept in 2027

Galecto, Inc. (NASDAQ: GLTO) said this morning it completed the acquisition of Damora Therapeutics and closed a $284.9 million oversubscribed private placement, a one‑two punch that instantly refocuses the company on mutant calreticulin (mutCALR) therapies for myeloproliferative neoplasms (MPNs) and extends its cash runway into 2029. The announcement sent GLTO screaming higher in pre‑market trading. GlobeNewswire Key takeaways Why this matters for patients and investors Damora’s approach is aimed squarely at mutant calreticulin (mutCALR)—a well‑validated genetic driver in segments of essential thrombocythemia (ET) and myelofibrosis (MF). Targeting this neoantigen has attracted growing interest as researchers seek more disease‑modifying options beyond

10 November 2025

AtlasClear (ATCH) Stock Skyrockets 50% on $20M Financing – Fintech Underdog Poised to Soar?

Business Model & Market Position AtlasClear is a niche B2B fintech aiming to offer a one-stop clearing, brokerage and banking platform for smaller financial firms. According to the company, it is “building a cutting-edge, technology-enabled financial services platform to modernize trading, clearing, settlement and banking” globenewswire.com. Through its subsidiary Wilson-Davis & Co. (a full-service broker-dealer since 1968) AtlasClear provides correspondent clearing and trade execution. Management’s strategy is to expand this platform organically and via acquisitions: for example, it plans to acquire Commercial Bancorp of Wyoming (Farmers State Bank), a Federal Reserve member bank streetinsider.com, to gain FDIC/banking capabilities. The combined

9 October 2025

Emerging Companies · Finance News · Fintech · Investing · NYSE:ATCH · Stock Market

Satellite Financing, M&A, and IPO Tracker 2024–2029

Global space startup funding reached about $8.6–$9.5 billion in 2024. By Q3 2024, space tech funding had risen to $6 billion, nearly the total for 2023. In 2024, 73 space-related acquisitions were announced, including 23 in NewSpace, a 39% increase from the previous year. SES agreed to acquire Intelsat for $3.1 billion in 2024, with closing expected in the second half of 2025. Eutelsat’s takeover of OneWeb was valued at about $3.4 billion (announced 2022, closed 2023), creating a hybrid GEO+LEO operator. Lockheed Martin acquired Terran Orbital for about $450 million in August 2024 to secure in-house smallsat production. KBR

22 June 2025

Finance · IPO Tracker · Market Trends · Mergers & Acquisitions · Satellite Industry