Tag: U.S. Securities and Exchange Commission
SEC filing of the week: JAIA Robotics raises $1.8M in equity funding
BRISTOL – JAIA Robotics Inc., which makes underwater drones for data, has raised $1.8 million in funding, according to its filing with the U.S. Securities...
SEC filing of the week: Textron halts production of Powersports product...
PROVIDENCE – Textron Inc. has paused production of its of Powersports product line within its industrial segment’s specialized-vehicle business due to weak demand.
The maker...
Report: Nexstar’s layoffs include some WPRI-TV employees
EAST PROVIDENCE – Multiple employees at WPRI-TV CBS 12 have reportedly been laid off as part of Nexstar Media Group Inc.’s 2% companywide workforce...
SEC filing of the week: KVH approves sale of R.I. properties
MIDDLETOWN – KVH Industries Inc. has agreed to deals to sell a local office and factory.
On Dec. 5, KVH entered into a purchase and...
SEC filing of the week: CVS agrees to sell $3B in...
PROVIDENCE – CVS Health Corp. has entered an underwriting agreement to sell $3 billion in outstanding notes.
In its filing with the U.S. Securities and...
HIGH-STAKES TAKEOVERS: Hedge fund, private equity firm ante up at R.I.’s...
When Sen. Frank A. Ciccone got wind in July that Bally’s Corp.’s board of directors had accepted a $4.5 billion buyout offer from the...
Citizens chief accounting officer and controller is leaving in August
PROVIDENCE – Citizens Financial Group Inc. has disclosed in public filings that its chief accounting officer and corporate controller is stepping down on Aug....
Water tech company agrees to pay $8.5M penalty for falsifying revenue
PPROVIDENCE – A Pennsylvania water technology company with a division in Warwick has agreed to pay an $8.5 million criminal penalty for falsifying revenue,...
Hasbro to lay off 1,100 more employees, vacate Providence office after...
PAWTUCKET – More layoffs are coming at Hasbro Inc.
The toy company will in a year’s time also exit its downtown office adjacent to the...
Dighton police chief charged with insider trading resigns
DIGHTON – Town Police Chief Sean Cronin, who was charged in an insider trading scheme that prosecutors say garnered $72,000 for himself and millions...