Insider Buying: Hedge Fund Legend Makes A Series Of Stock Purchases In Premium Digital Smart Home Fitness Company Interactive Strength (NASDAQ: TRNR – “FORME”) (Benzinga)
Notable hedge fund manager Bradley Wickens has made a series of insider purchases adding to his position of more than a 10% holder in premium digital smart home fitness company Interactive Strength Inc. (TRNR) “FORME”. FORME is a digital fitness platform that combines premium connected fitness hardware products with live virtual 1:1 personal training. The Company completed an IPO in May and aims to establish itself as a leader in the premium fitness training market by combining at-home convenience with cutting-edge personal training services through its award winning connected hardware products.
Decentralized Hedge Fund VC Spectra (SPCT) Raises $2.4 Million in Seed Sale Round (Crypto Slate)
VC Spectra (SPCT), a decentralised hedge fund, is currently 70% into its first stage of its public presale. The private seed sale, which raised $2.3 million in just two weeks, has filtered through into the public presale. A leading firm in the fintech and blockchain space, VC Spectra aims to provide financial growth through strategic investments and initial coin offerings (ICOs). With a sustainable development approach and a focus on reducing risks and uncertainties, VC Spectra offers investors access to a wide range of blockchain ventures.
How This Fund has Given North East Businesses Thirty Million Ways to Grow (Yahoo.com)
A milestone £30million of investment has been delivered across the Tees Valley as part of the Northern Powerhouse Investment Fund. NPIF – FW Capital Debt Finance, is managed by FW Capital and is part of the NPIF. FW Capital has supported 63 ambitious, high-growth SMEs in the region with finance for growth. The loans delivered have attracted co-investment of more than £31million from the private sector.
$1.5M Bet On ONEOK? Check Out These 3 Stocks Insiders Are Buying (Benzinga)
Black Diamond Therapeutics: The Trade: Black Diamond Therapeutics, Inc. (BDTX) 10% owner BB Biotech AG acquired a total of 1,740,000 shares an average price of $5.49. To acquire these shares, it cost around $9.56 million. ONEOK: The Trade: ONEOK, Inc. (OKE) President and CEO Pierce Norton acquired a total of 24,607 shares at an average price of $60.96. To acquire these shares, it cost around $1.5 million.
ATO Punts $6.8 Million on Nuix (AFR.com)
As Department of Finance head Jenny Wilkinson was issuing new guidelines last month for Commonwealth tenders to consider governance concerns, the Tax Office was doubling down on its commitment to troubled tech stock Nuix with a whopping $6.8 million contract extension. Nuix and its board is facing civil action from ASIC over what the corporate regulator says was breaches of directors’ duties and continuous disclosure obligations. ASIC also has an insider trading investigation over shares traded by Nuix CEO Jonathan Rubinsztein announced publicly to the market in May of this year. Then there’s the class action over the 2020 prospectus.
