Mobix Labs (MOBX) said Thursday it has signed a non-binding letter of intent to buy Special Project Delivery, which is developing US supply chains for rare earth and critical minerals.
The letter of intent sets a framework for due diligence and negotiation of definitive terms, Mobix said, adding there is no assurance the deal will be completed.
Mobix shares were up 90% in Thursday morning trading.
Price: $3.36, Change: $+1.62, Percent Change: +93.16%
EVT's (ASX:EVT) Connect Hospitality secured a management agreement for Sage James Street Brisbane, a 93-room hotel in Brisbane, Queensland, according to a Thursday statement from the company.The agreement reflects the continued momentum in Connect Hospitality's asset light growth strategy, said Mat Duff, EVT's director of Commercial and Connect Hospitality.
National Australia Bank (ASX:NAB) acquired Banked, a global technology platform that allows customers and merchants to make and receive payments instantly, according to a Thursday statement from the bank.Financial terms were not disclosed.The deal will integrate Banked's checkout and orchestration technology with NAB's banking infrastructure.NAB had been an investor in Banked through NAB Ventures since 2022 and a user of its technology since 2024, the filing added.The bank's shares fell around 2% in recent Thursday trade.
F&G Annuities & Life (FG) will join the S&P SmallCap 600, effective before the market opens Tuesday, S&P Dow Jones Indices said Wednesday in a statement.F&G Annuities will replace Mister Car Wash (MCW), which is being acquired by Leonard Green & Partners in a deal expected to close soon, according to the statement.F&G shares rose 3% in after-hours trading.S&P Dow Jones Indices is a division of S&P Global (SPGI).