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David Politis

David makes the complex understandable, sees previously unseen connections, and delivers valuable data as either bite-sized insights or comprehensive, deep-dive information and analysis.

BREAKING NEWS: Salt Lake City-based Recursion Pharmaceuticals Announces a $200 Million Public Offering

BREAKING NEWS: Salt Lake City-based Recursion Pharmaceuticals Announces a $200 Million Public Offering

Salt Lake City, Utah-based Recursion Pharmaceuticals (NASDAQ:RXRX) announced last Wednesday, 26 June 2024, that it plans to raise $200 million in a secondary public offering. According to its news release, Recursion "... intends to offer and sell $200 million of shares of its Class A common stock in an

BREAKING NEWS: Colorado-based SM Energy is Spending $2.55 Billion to Acquire 37,200 Acres of Oil/Gas Producing Land in Utah's Uninta Basin from XCL Resources

BREAKING NEWS: Colorado-based SM Energy is Spending $2.55 Billion to Acquire 37,200 Acres of Oil/Gas Producing Land in Utah's Uninta Basin from XCL Resources

The XCL Resources land in Utah's Unit Basin currently produces ~43,000 barrels of oil and gas daily.

BREAKING NEWS: Lehi, Utah-based Route has Closed a $40 Million C Round of Funding at a Valuation of $1.4 Billion

BREAKING NEWS: Lehi, Utah-based Route has Closed a $40 Million C Round of Funding at a Valuation of $1.4 Billion

Since its launch in 2019, Route has insured over $15B in eCommerce product purchases.

NEWS BRIEF: Orem, Utah-based Ovation Raises an Additional $2.0 Million in a Continuation and Closure of its "A Round" of Funding

NEWS BRIEF: Orem, Utah-based Ovation Raises an Additional $2.0 Million in a Continuation and Closure of its "A Round" of Funding

In total, Ovation "... has now raised a little bit over $9.0 million in total through all its external financings."

Just a Second ... BYU Mens Basketball Now has Four Top 100 Recruits Signed for the 2024-2025 Season?!?!?! Yup.

Just a Second ... BYU Mens Basketball Now has Four Top 100 Recruits Signed for the 2024-2025 Season?!?!?! Yup.

No question about it ... I have not been this excited about BYU Men's Basketball for a LONG time.

BREAKING NEWS: South Jordan, Utah-based GPS Capital Markets is Being Acquired for $725 Million by NYSE-Listed Corpay

BREAKING NEWS: South Jordan, Utah-based GPS Capital Markets is Being Acquired for $725 Million by NYSE-Listed Corpay

To me, this is another example of a relatively stealthy Utah-based company making a "splash" in Utah's business ecosystem with a significant monetary / financial transaction.

NEWS BRIEF: Lehi, Utah-based LegalTech Firm, Hona, Closes a $9.5 Million Round of Series A Funding

NEWS BRIEF: Lehi, Utah-based LegalTech Firm, Hona, Closes a $9.5 Million Round of Series A Funding

Lehi, Utah-based Hona has raised $9.5 million in a Series A round of funding that was "... led by Costanoa Ventures with participation from Ludlow Ventures, Soma Capital and Y Combinator." As noted in its funding news release, Hona is "... dedicated to revolutionizing client communication (for law