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$58M Merger: Chain Bridge I Acquires Cannabinoid Medicines Innovator, Eyes Nasdaq Listing
Tuesday, July 23, 2024 - 11:06pm | 820Chain Bridge I (NASDAQ:CBRG) announced on Monday the acquisition of Phytanix Bio, a pharmaceutical company specializing in the development of therapeutics based on cannabinoid and cannabinoid-like molecules. The transaction, valued at $58 million, also includes the assumption of preferred stock and...
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Sam Bankman-Fried's Crypto Trial Advances With Juror Dismissals
Wednesday, October 4, 2023 - 4:25pm | 572The trial of Sam Bankman-Fried, the controversial co-founder of the now-defunct crypto exchange FTX (CRYPTO: FTT), is underway with the initial phase of juror selection and assessment. This process, overseen by U.S. District Judge Lewis Kaplan, continued into its second day after some...