PACS Group, Inc., a prominent player in the post-acute healthcare sector, has seen its shares nosedive by nearly 9% to $35.98 following the announcement of a massive underwritten public offering. The offering involves nearly 14 million shares of common stock, raising concerns among investors about the potential for significant dilution and a possible downward trend […]
In a decisive move to strengthen its presence in the voice artificial intelligence (AI) sector, SoundHound AI, Inc. (Nasdaq: SOUN), has acquired Amelia, an enterprise AI software firm, for $80 million in cash and equity. This strategic acquisition is seen as a major step in expanding SoundHound AI’s capabilities across various industries, including financial services, […]
