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Finance

Providing perspective and contextual insights on the monetary aspects of the Finance industry within the state of Utah, from Banking to FinTech and from venture capital to cryptocurrency.

Utah's Top 9 Business "News Nuggets" from the Past Week: 1—7 October 2023

Utah's Top 9 Business "News Nuggets" from the Past Week: 1—7 October 2023

Enclosed below (in no particular order), are Utah's Top 9 Business "News Nuggets" from 1—7 October 2023 that may not have hit your radar: * Heber, Utah-based Summit Engineering Group has been acquired by Atwell, a Southfield, Michigan-based consulting, engineering, and construction services firm with over

Utah's 108-Year-Old Fassio Egg Farms is Acquired by Cal-Maine Foods, America's Largest Egg Producer

Utah's 108-Year-Old Fassio Egg Farms is Acquired by Cal-Maine Foods, America's Largest Egg Producer

We estimate that Cal-Maine Foods spent between $54.1 million and $67.0 million to acquire West Valley City, Utah-based Fassio Egg Farms, giving Cal-Maine a second base of operations in Utah (the other based in Delta). Just days after the largest egg producer in the United States announced it

As Predicted by Utah Money Watch 3 Months Ago, Qualtrics Laid-Off ~780 Employees Yesterday, ~15% of its Workforce

And to be clear, we do NOT think the changes, or employee headcount reductions, are over at Qualtrics. In a company-wide email sent yesterday, Qualtrics International's CEO, Zig Serafin, announced that the company had "made the difficult decision to eliminate approximately 780 roles across the company."

Learn How to Raise and Make Money via Crowdfunding at SuperCrowdUtah on 23 October 2023

Learn How to Raise and Make Money via Crowdfunding at SuperCrowdUtah on 23 October 2023

Utah-based entrepreneurs, executives, and investors interested in learning the Ins & Outs of Crowdfunding should reserve their slot now to attend SuperCrowdUtah on Monday, October 23rd in Sandy, Utah. Held at the Miller Event Center in Sandy, Utah, this daylong event will feature over 20 presenters and panelists each addressing

Utah's Top Nine Business "News Nuggets" from the Past Week: 23—30 September 2023

Utah's Top Nine Business "News Nuggets" from the Past Week: 23—30 September 2023

Enclosed below (in no particular order), are Utah's Top Nine Business "News Nuggets" from 23—30 September 2023 that may not have hit your radar: * American Fork, Utah-based LiveView Technologies (LVT) has been named by the Utah Jazz as its multi-year jersey patch sponsor starting with

Some 30 Months on, Utah's Mercato Partners Completes Merger of its "Blank Check" Company with a Brazilian Firm

Some 30 Months on, Utah's Mercato Partners Completes Merger of its "Blank Check" Company with a Brazilian Firm

Almost exactly 2.5 years after one of Utah's largest and most successful investment and private equity firms filed paperwork with the SEC about its intent to conduct an IPO of its Special Purpose Acquisition Company, Mercato Partners Acquisition Corporation has now completed its "SPAC Merger"

Utah-based Medical Marijuana Firm, Kindly MD, has Filed Paperwork for an IPO

Utah-based Medical Marijuana Firm, Kindly MD, has Filed Paperwork for an IPO

Murray, Utah-based Kindly MD, a three-year-old medical marijuana firm registered and licensed by the state of Utah, has quietly filed documentation with the U.S. Securities and Exchange Commission signifying its intent to raise monies via an Initial Public Offering. According to Kindly MD's Form S-1, the company