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Inari Medical’s IPO Launches

DEVICES: Shares surge on first day; $1.9B valuationIrvine-based Inari Medical Inc., a commercial-stage medical device company whose products treat patients suffering from blood clots and other diseases affecting veins, says the impacts of COVID-19 have disrupted its local operations, but it didn’t scuttle its plans to go public.

Tu’s New Beat

John Tu helped build OC’s largest private company. Now he’s funding a device maker to fight the spread of COVID-19.

What $13B has in common with $50M

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City of Hope Completes Irvine Land, Office Buy

$108M deal tops in 2020; hub coming

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Biotech jCyte Inks $252M Licensing Deal

DRUGS: Eye-focused firm sees global interest

Japan backer; UCI connections

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Veritone Gets Getty Images Deal

Streamlines searches; boosts buying

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Menlo Equities Returns to Lake Forest Office Market

REAL ESTATE: $38.8M; tops for OC since April

Menlo Equities LLC has added another property to its already sizable holdings in Lake Forest and Foothill Ranch, after snapping up a three-building office complex for $38.8 million.

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OC Unemployment Jumps to 13.8%

County loses 222,400 jobs

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Taco Bell Chain Will Add 30K Workers

HQ, franchisees on summer hiring spree

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ShiftPixy Offering: $12M

Shares dive 29%

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Boot Barn Slowdown, Fiscal Q4 Misses

Quarterly, full-year guidance tabled on continued COVID-19 uncertainties

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Veritone Returns Loans

Cites improved conditions, outlook

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VF Misses in Q4 on COVID-19 Impact

Revenue seen sliding 50% in current quarter

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Rivian Charges Up Irvine Presence

Nearly 250K SF Locally; $3B in Funding for Electric Truck Company

Consolidating some SoCal ops

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Lantronix: Growth, COVID-19 Disruptions

Pandemic hit supply chain

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VC’s View: OC Ophthalmology Strong

INNOVATION: $85M invested, more to come

Good eyes

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Veritone Q1 Revenue Dips

AI company feels pandemic impact

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AtaCor Medical Raises $25M, Seeks ’21 Approvals

DEVICES: Funds flow for heart pacing system

San Clemente’s AtaCor Medical Inc. has completed the largest reported funding deal of an Orange County medical device maker since COVID-19 restrictions went into place domestically.

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Montage, Ritz-Carlton Sale Scrapped

Delayed Portfolio Deal Canceled

The blockbuster sale of two Orange County’s poshest resorts has been nixed, following months of delays and discord from both the buyer and seller.

Link’s Likes

We asked Newport Beach’s Bill Link which ophthalmic companies he’s keeping tabs on, and he pointed to these four.

Axonics Offering: $130M

Device maker goes to well to sell product

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The Long Intermission

OC Arts Sector Struggles During Pandemic, Sees Business Model Turning Upside Down

First the good news ...

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ShiftPixy Expanding to Canada

Toronto office; province registrations

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Clean Energy Deliveries, Revenue Up

Volume down at airports, transit authorities

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UCI’s COVID-19 Task Force Makes Strides

EDUCATION: Antibody test results expected soon

Testing the antibody tests

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