AEye Inc ( LIDR ) shares are trading higher by 47% to $2.60 during Friday’s session after the company announced it entered a securities purchase agreement with an institutional investment for $3.24 million in financing. What To Know: The deal includes issuing a senior unsecured convertible promissory note and a warrant for 805,263 shares of common stock. The note, with a 7.4%...

10:49 AM EST, 01/03/2025 (MT Newswires) -- Cyclacel Pharmaceuticals ( CYCC ) said investor David Lazar agreed to buy $3.1 million in preferred stock, and he was named interim chief executive officer. Lazar agreed to buy 1 million shares of series C convertible preferred stock and 2.1 million shares of series D preferred stock at $1 apiece, the company said...

TOKYO, Jan 4 (Reuters) - Nippon Steel ( NISTF ) has decided to file a lawsuit against the U.S. government to challenge the appropriateness of the procedures by which President Joe Biden issued an order to block its acquisition of U.S. Steel, the Nikkei business daily reported early on Saturday. ...

WASHINGTON (Reuters) - The United States on Friday issued fresh cybersecurity sanctions against Integrity Technology Group, a Chinese company involved in computer programming, a posting on the Treasury Department website showed. The Beijing-based company has previously been accused by Western officials of being behind a major Chinese hacking group nicknamed Flax Typhoon. Speaking at a cybersecurity confernece last year, FBI...