Nikola Corporation and Tumim Stone Capital LLC (Tumim) have entered into a second $300 million common stock equity line purchase agreement, providing Nikola the right to issue and sell to Tumim up to $600 million of Nikola's common stock in aggregate, subject to certain conditions and limitations “The equity lines with Tumim, together with estimated cash and cash … [More]

In an industry where more than 20% of general veterinary practices and an estimated 70% of specialty practices are now owned by corporate groups, an Arizona veterinary practice is bucking the consolidation trend and maintaining its independence via an Employee Stock Ownership Plan (ESOP). An ESOP is an employee benefit plan that gives workers ownership interest in the … [More]

Omni Hotels & Resorts broke ground on Omni Tempe Hotel at ASU, a 330-guest-room hotel, set to open in 2023, in the heart of downtown Tempe on the Arizona State University campus. Peter Strebel, president of Omni Hotel & Resorts, broke ground alongside Tempe Mayor Corey Woods, as well as ASU President Michael Crow, Regent Bill Ridenour and John Creer, vice president … [More]

Forbes Global Properties, a curated consumer marketplace of luxury homes and an invitation-only membership network of top real estate firms, has selected Scottsdale-based brokerage, RETSY to join its exclusive network exposing millions of viewers worldwide to Arizona's luxury properties.   RETSY is a technology-based real estate brokerage comprised of agents boasting more than … [More]

Helix Electric, one of the largest electrical contracting companies in the nation, announced today its first manufacturing facility in Arizona will be in Goodyear. The 112,000-square-foot facility will be used to manufacture and fabricate building components for electrical construction. The new facility will ship the components to existing Helix Electric markets nationwide and … [More]

KORE Power, Inc. and Zero Electric Vehicles, Inc. have signed a joint development agreement to bring together two leading U.S. clean energy innovators to design, develop and manufacture low-cost, highly configurable electric vehicle solutions that accelerate electrification of the transportation sector. KORE is a U.S.-based manufacturer of high-energy-density lithium-ion … [More]

Cigna Medical Group recently celebrated the grand opening of its new health care center in Scottsdale. Located in SkySong at 1335 N. Scottsdale Rd. (Southeast corner of McDowell Rd. and Scottsdale Rd.), the new center provides patients access to multiple health care services under one roof. The nearly 9,000 square foot medical office provides family and adult medicine, … [More]