 |
ICR Inc represents Swarmer, the Austin-based drone technology company, whose IPO chalked up the biggest one-day price jump since Newsmax went public a year ago.
Swarmer’s shares surged 520 percent on March 17, compared to the 700 percent gain achieved by Newsmax.
Backed by Eric Prince, founder of the Blackwater security firm, Swarmer’s advanced battelfield AI capabilities have been used by the Ukrainian military since the Russia invasion in 2024.
Swarmer’s technology allows groups of drones to execute missions autonomously, translating human-defined objectives into coordinated action.
“Our software has proven itself in live combat across tens of thousands of missions,” said Serhii Kupriienko, founder/CEO of Swarmer, in September while announcing a funding round.
Swarmer’s IPO opened at $12.50. The NASDAQ-listed stock is now trading at $62.05.
QVC Group is using Joele Frank for strategic communications as the TV home shopping pioneer declares Chapter 11.
Publicis Groupe reported 4.5 percent Q1 organic growth in net revenues to $4.1B despite the volatile macro environment.
PondelWilkinson, the Los Angeles-based IR and strategic communications shop, has expanded to the East Coast by adding Anreder & Company veterans following the retirement of principal Steven Anreder.
Teneo represents American Ocean Minerals Corp as its merges with NASDAQ-listed Odyssey Marine Exploration to create a $1B deep-sea critical minerals research and mining platform that is under US-control.
Kekst CNC represents Cleveland-based Everstream as the business-only fiber network receives bankruptcy court approval for the sale of almost all of its operations to Bluebird Fiber for $385M.
