OC BUSINESS JOURNAL DAILY NEWS
Axonics in $101M Offering
Axonics Modulation Technologies Inc. (Nasdaq: AXNX) in Irvine priced 5 million shares of common stock at $22 a share.
Midday Stock Roundup
Axonics in $101M stock sale. (keep reading)
ClearFlow Study: Blood Flow Boost
Irvine-based ClearFlow said a clinical trial on its PleuraFlow ACT system showed one-third fewer cardiac complications after surgery.
Toca’s Kickoff: $25M Assist for Soccer Upstart
INNOVATION: $200M valuation; entertainment elements
The green turf fields are full on a Tuesday afternoon at the Toca Football complex in Costa Mesa.
Hyundai Ad in Super Bowl
Hyundai Motor America confirmed it will again advertise during the Super Bowl.
Karma Unwraps SC2 Concept, Revero GTS
Irvine automaker Karma Automotive revealed on Tuesday a new concept car and 2020 Revero GTS during the Los Angeles Auto Show.
Kanvas Skirts App Store
A cannabis products supplier led by OC serial entrepreneur Andy Fathollahi is offering an approach to vaping that skirts some recent restrictions on the practice.
John Wayne Traffic Up
More passengers, fewer flights at Orange County's airport in September.
OC Restaurant Association Buys TacoTuesday Domain
The OC Restaurant Association said it’s bought the domain TacoTuesday.com in what will, in the near term, be a marketing play for restaurants before eventually monetizing parts of the site.
Midday Stock Roundup
Alteryx a “top pick" ... Boot Barn reverses previous session gains (keep reading)
Allied Universal Buys Vinson
Santa Ana’s Allied Universal, the largest private security firm in North America, bought Vinson Guard Service, a New Orleans-based guard services firm in the southeastern United States, the two companies said today.
Mitsubishi Campus Sells for $57.5M
REAL ESTATE: Cypress site runs 22 acres, nearly 400K SF
The sprawling Cypress campus of Mitsubishi Motors North America Inc. has been sold to an Irvine developer, as part of the automaker’s relocation to Tennessee.
Tyvak in NASA Moon Program
Irvine-based nano-satellite company Tyvak said it will provide a moon lander for NASA’s Commercial Lunar Payload Services program.
Starboard Takes Acacia Stake
Patent licenser Acacia Research Corp. (Nasdaq: ACTG) in Newport Beach said it will get up to $400 million under an agreement with New York-based investment adviser Starboard Value LP.
Midday Stock Roundup
Axonincs and Veritone are among Monday's stock movers.
Bill Russell Gets HOF Ring in OC
SPORTS: Raj family home hosts ceremony
Often lost in the local and national debate over who’s the best basketball player ever, an argument between current Laker LeBron James and Michael Jordan, one hoops legend with a more impressive résumé is often overlooked.
Salas O’Brien Buys Again
Santa Ana engineering firm Salas O’Brien bought RMS Engineers in Richardson, Texas, on undisclosed terms. RMS does heavy industrial consulting in Texas for chemical; oil and gas; paper and pulp; and mining companies.
Midday Stock Roundup
The S&P 500 was up 0.5% to 3,113.15 in midday trading Friday.
OC Unemployment Up Slightly
Orange County’s unadjusted jobless rate rose to 2.5% in October, up from a revised 2.4% in September and below the year-ago estimate of 2.8%, according to the state Employment Development Department.
PCH Shopping Center Spree for Jabara
RETAIL: $150M invested by Mobilitie founder
Gary Jabara, one of Orange County’s top telecom executives, has bought a pair of prominent retail-focused properties along Coast Highway in Laguna Beach and Huntington Beach as part of a nearly $150 million push into commercial real estate over the past month.
New CFO at Ingram Micro
Mike Zilis, who’s led much of Ingram Micro Inc.’s international strategy and operations, has been named chief financial officer of the Irvine-based wholesale tech distributor, succeeding Gina Mastantuono effective Jan. 1.
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