The Benchmark Company initiated coverage of Highland Transcend Partners I Corp. with a rating of Buy and set a new price target of $18.00

Benchmark initiated coverage of Highland Transcend with a rating of Buy and set a new price target of $18.00

Delivers Strong Revenue Performance in January Establishing West Coast Presence Through California Fulfillment & Replenishment Facility Opening in Q2 2022, Further Positioning Packable to Accelerate Sales Growth Business Combination with Highland Transcend Partners I Corp. on Track to Close Later this Year Packable (the "Company"), a leading tech-enabled e-commerce company, sitting at the intersection of brands, marketplaces and customers, announced today its financial performance highlights for January 2022 as well as the Company's geographic expansion. Today's announcement demonstrates the Company's continued growth and follows the announcement of Packable's intention to become a publi

Tradeswell's operating and intelligence platform becomes a critical component of Packable's advanced headless commerce system Packable, a leading e-commerce company with a proprietary tech-enabled offering, sitting at the intersection of brands, marketplaces and customers, and Tradeswell, the operating system for real time commerce, today announced a partnership that will bring together Tradeswell's advanced data, operations and intelligence platform and Packable's proprietary technology offerings in data, commerce and marketing engines to create an end-to-end technology solution for Packable's data driven e-commerce platform. This press release features multimedia. View the full release h

Infosys Equinox to Bolster Packable's Proprietary Technology with the Purpose of Helping Brands Across E-commerce Channels Infosys (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced its collaboration with Packable, a leading E-commerce company with a proprietary tech-enabled offering, sitting at the intersection of brands, marketplaces and customers. Packable recently announced a merger with Highland Transcend Partners, setting it on the path to becoming a public company. Through the partnership with Packable, Infosys will integrate its flagship human-centric digital commerce platform, Infosys Equinox, with Packable IQ (Packable's proprietary E

Combined company expected to have a pro forma enterprise value of $1.550 billion, with an implied pro forma equity value of $1.909 billion $180 million significantly oversubscribed and upsized PIPE offering and Pre-IPO convertible investment anchored by top tier institutional investors including Fidelity Management & Research Company, Lugard Road Capital and Luxor Capital, Park West Asset Management and Morningside Pharmapacks announces new Holding Company brand name "Packable" Transaction proceeds will be used to continue market leadership and enable opportunities to enhance growth, profitability and geographic and multi-marketplace expansion Company also confirms expansion of wo

Highland Transcend Partners I Corp. (the "Company") today announced it received a notice on May 25, 2021 from the New York Stock Exchange ("NYSE") indicating that as a result of the Company's failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2021 (the "Quarterly Report"), the Company no longer complies with the continued listing requirements set forth in Section 802.01E of the NYSE Listed Company Manual. The notice has no immediate impact on the listing of the Company's securities, which will continue to trade on the NYSE, subject to the Company's compliance with other applicable continued listing requirements. As previously disclosed on May 17, 2021 i

15-12G - Highland Transcend Partners I Corp. (0001828817) (Filer)

25-NSE - Highland Transcend Partners I Corp. (0001828817) (Subject)

25-NSE - Highland Transcend Partners I Corp. (0001828817) (Subject)

8-K - Highland Transcend Partners I Corp. (0001828817) (Filer)

8-K - Highland Transcend Partners I Corp. (0001828817) (Filer)

10-Q - Highland Transcend Partners I Corp. (0001828817) (Filer)

10-Q - Highland Transcend Partners I Corp. (0001828817) (Filer)

10-K - Highland Transcend Partners I Corp. (0001828817) (Filer)

NT 10-K - Highland Transcend Partners I Corp. (0001828817) (Filer)

RW - Highland Transcend Partners I Corp. (0001828817) (Filer)

CNBC Top Amazon Seller Succumbs To Economic Meltdown Online seller of health, personal care, and beauty products Pharmapacks’ parent Packable has downsized its workforce and braced to liquidate after failing to secure new financing, enabling it to stay in business, CNBC reports. Packable dumped its listing plans via a special purpose acquisition company (SPAC) merger worth $1.55 billion as the market cooled. It was due to partner with Highland Transcend Partners I Corp. (NYSE: HTPA). Last September, Pharmapacks was the top Amazon.com Inc (NASDAQ: AMZN) seller in the U.S. It now ranks fifth among the site’s top sellers nationwide, CNBC writes. Reuters Twitter To ‘Ruth

Online seller of health, personal care, and beauty products Pharmapacks' parent Packable has downsized its workforce and braced to liquidate after failing to secure new financing, enabling it to stay in business, CNBC reports. Packable dumped its listing plans via a special purpose acquisition company (SPAC) merger worth $1.55 billion as the market cooled. It was due to partner with Highland Transcend Partners I Corp. (NYSE:HTPA).  Last September, Pharmapacks was the top Amazon.com Inc (NASDAQ:AMZN) seller in the U.S. It now ranks fifth among the site's top sellers nationwide, CNBC writes. Packable informed terminating 138 employees, or 20% of its staff, with the remaining 372 employee

-SEC Filing

    On Wednesday, 63 companies set new 52-week lows. Noteworthy Mentions In Today's 52-Week Lows: The largest company by market cap to hit a new 52-week low was Stanley Black & Decker (NYSE:SWK). Vallon Pharmaceuticals (NASDAQ:VLON) was the smallest company when considering market cap to set a new 52-week low. Vicor (NASDAQ:VICR)'s stock dropped the most, trading down 19.34% to reach a new 52-week low. Nuveen Municipal Value (NYSE:NUV) shares bounced back the most, actually rising 0.0% after hiting a new 52-week low. On Wednesday, the following stocks hit new 52-week lows: Fortune Brands Home (NYSE:FBHS) stock set a new 52-week low of $79.84 on Wednesday, moving down 1.9%. Sen

One of the biggest words for investors in 2021 was SPACs. While special purpose acquisition companies have been around for years, 2021 became the year that they took over the market in terms of IPOs and as a topic of conversation. There were over 600 new SPACs that went public in 2021 and over 150 deals that were announced last year. Here’s a look at what could be ahead for SPACs in 2022 from two well respected names in the SPAC coverage sector. The SPAC Experts: Benzinga talked 2021 SPAC deals and news items with Julian Klymochko, founder and CEO of Accelerate, and Nick Gershenhorn from SpacTrack.IO, a leading SPAC data and insights website. SPAC Offerings: Despite over 600 new SPAC offe

  Upgrades According to Wells Fargo, the prior rating for Douglas Emmett Inc (NYSE:DEI) was changed from Equal-Weight to Overweight. In the third quarter, Douglas Emmett showed an EPS of $0.48, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $36.97 and a 52-week-low of $26.45. Douglas Emmett closed at $33.00 at the end of the last trading period. According to William Blair, the prior rating for Ionis Pharmaceuticals Inc (NASDAQ:IONS) was changed from Market Perform to Outperform. Ionis Pharmaceuticals earned $0.34 in the third quarter, compared to $0.22 in the year-ago quarter. At the moment, the stock has a 52-week-high of $64.37 and a 52-wee

Benchmark analyst Daniel Kurnos initiates coverage on Highland Transcend (NYSE:HTPA) with a Buy rating and announces Price Target of $18.

Infosys (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced its collaboration with Packable, a leading E-commerce company with a proprietary tech-enabled offering, sitting at the intersection of brands, marketplaces and customers. Packable recently announced a merger with Highland Transcend Partners, setting it on the path to becoming a public company. Through the partnership with Packable, Infosys will integrate its flagship human-centric digital commerce platform, Infosys Equinox, with Packable IQ (Packable's proprietary E-commerce platform). The strategic collaboration will strengthen Packable's ability to offer its brand partners an engaging,