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Wallachbeth Capital Announces Purchase And Sale Of Lixte Biotechnology Holdings, Inc. (Nasdaq: Lixt)

PRIVATEApr 13, 2022

Acquiring Company

WallachBeth Capital

Acquired Company

Nomad Power Solutions, Inc.

Boca RatonProfessional ServicesFinancial ServicesLending And InvestmentsInformation TechnologyBiotechnologyEnergyOil And GasHealth CareScience And EngineeringRenewable EnergySolarTherapeuticsEnergy ManagementEnergy Efficiency

Description

WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced that LIXTE Biotechnology Holdings, Inc. (Nasdaq: LIXT), a clinical-stage drug discovery company developing pharmacologically active drugs for use in cancer treatment, has entered into definitive agreements for the purchase and sale of 2,900,000 shares of LIXTE's common stock at a purchase price of $2.00 per share in a registered direct offering. The gross proceeds to LIXTE from this offering are expected to be approximately $5.8 million before deducting the placement agents' fees and other offering expenses.

Quick answer

WallachBeth Capital is acquiring Nomad Power Solutions, Inc., announced April 13, 2022.

Who acquired Nomad Power Solutions, Inc?
WallachBeth Capital agreed to acquire Nomad Power Solutions, Inc. on April 13, 2022.
How much did WallachBeth Capital pay for Nomad Power Solutions, Inc?
The deal value was not disclosed.
What does WallachBeth Capital do?
WallachBeth Capital offers a robust range of capital markets and investment banking services to the healthcare community, connecting corporate clients with leading institutions, creating value for both issuers and..
Where are WallachBeth Capital and Nomad Power Solutions, Inc. based?
Nomad Power Solutions, Inc. is based in Boca Raton, Florida, United States.

Source: Fundz verified event record.

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Company Information

Company

WallachBeth Capital

About

WallachBeth Capital offers a robust range of capital markets and investment banking services to the healthcare community, connecting corporate clients with leading institutions, creating value for both issuers and investors. The firm's experience includes initial public offerings, follow-on issues, PIPE offerings, and private transactions. WallachBeth Capital is a leading provider of institutional execution services, offering clients a full spectrum of solutions to help them navigate increasingly complex markets. The firm's website is located at www.wallachbeth.com. Related Linkshttps://www.wallachbeth.com SOURCE WallachBeth Capital LLC

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Frequently asked

Who acquired Nomad Power Solutions, Inc.?

Nomad Power Solutions, Inc. was acquired by WallachBeth Capital. The deal was reported on April 13, 2022. WallachBeth Capital is privately held and operates in Professional Services.

When did WallachBeth Capital acquire Nomad Power Solutions, Inc.?

WallachBeth Capital's acquisition of Nomad Power Solutions, Inc. was reported on April 13, 2022. WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced that LIXTE Biotechnology Holdings, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Nomad Power Solutions, Inc. do?

LIXTE Biotechnology Holdings, Inc. (Nasdaq: LIXT), is a clinical-stage pharmaceutical company focused on new targets for cancer drug development and developing and commercializing cancer therapies. It is publicly traded (NMAD), operating in Information Technology, and is based in Boca Raton.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.