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Karma Automotive LLC in Costa Mesa set the price for its Revero sports car at $130,000 but it was unclear when the car would be delivered to the 80 buyers who’ve placed initial orders.
Port of Long Beach Chief Executive Jon Slangerup will resign Oct. 28 after leading the nation’s second largest port for about two years.
The $1.1 billion sale of J.D. Power and Associates, a Costa Mesa-based unit of McGraw Hill Financial Inc., to XIO Group in London is complete, the consumer data and analytics firm said today.
Netlist Inc. will sell $15 million in common stock, the Irvine-based storage equipment maker said today.
Aliso Viejo-based Smith Micro Software announced today that it’s raised $4M in funding from Unterberg Koller Capital Fund L.P. in New York, along with William Smith, the company’s founder and chief executive.
Rox Medical in San Clemente got $40 million in Series E financing led by Novartis Venture Fund and Apple Tree Partners, with participation by Versant Ventures and Domain Associates.
Blockade Medical in Irvine has been sold to Balt International in Paris on undisclosed terms.
Allergan Plc bought RetroSense Therapeutics for $60 million and milestone payments.
Smith Micro Software Inc. has regained compliance with the NASDAQ Stock Market’s minimum bid price requirement, the Aliso Viejo company announced today.
Three out of the four Orange County-based automakers fell behind the national sales pace on new-vehicle sales in August, according to New Jersey-based market researcher Autodata Corp.
Manhattan Beachwear Inc. in Cypress named Kevin Mahoney its chief executive.
Incipio LLC walked away from its bidding war with Mill Road Capital Management LLC, a private investment firm that made the winning offer for Skullcandy Inc. at $6.35 a share in cash, which valued the company at about $197 million.
Tilly’s Inc. in Irvine reported revenue and earnings that exceeded Wall Street expectations for the August quarter.
Irvine-based Lantronix Inc. reported lower net losses in its most recent quarter and year; shares rose 15% after-hours Tuesday but declined on a sell-off in Wednesday trading
Irvine-based Lombard Medical Inc. said it would exit the U.S. market and explore “strategic alternatives” for its business in other markets.