Utah Money Watch

BREAKING NEWS: Two Utah entities are seeking a combined total of over $108 million for real estate work in Weber and Summit Counties, respectively." The two organizations are ?? Wolf Creek Resort (raising $69.4MM+), and ?? Park City School District (raising $38.6MM+). For #WolfCreek the monies will be used for public improvement buildout of the next phase of 694 acres out of the 2,800-acre Master Planned Community. Conversely, in Park City the monies will be used for ?? demolition of Treasure Mountain Junior High, and ?? construction of —?a baseball diamond, —?soccer and softball fields, —?tennis and pickleball courts, and more. To get the full rundown, please visit Utah Money Watch here —?https://lnkd.in/gKMKsX46. Thanks. David Politis, CEO, Publisher, Editor & Founder Utah Money Watch P.S. This article/report was originally published and distributed to our Subscribers at approximately 07:20am (MT) on Monday, 23 March 2025. However, if this report/article came to your attention sometime after this date/time and you'd like to change that, then 1. Click on a "Subscribe" button on any Utah Money Watch webpage (visit www.UtahMoneyWatch.com), 2. Enter in your name in the proper field in the popup window that appears on-screen, and 3. Enter your preferred email address. That's it. DLP

NEWS BRIEF: Extra Space Storage is Raising $500 Million via an Offering of 5.4% Senior Notes due in 2035. Today's news report is fairly straightforward, with #BofASecurities, TD Securities (USA), and Truist Securities serving as the lead #underwriters on the debt offering, which (by the way) matures 15 June 2035. To learn more, we invite you to turn to Utah Money Watch to read the full yet brief report here: https://lnkd.in/g-UTYmvH. Thanks. More to come later this week. David Politis (aka, "Poppa P"), CEO, Publisher, Editor & Founder Utah Money Watch

Novva Data Centers' CEO & Co-Founder, Wes Swenson, has boosted his OG status in #Utah's tech industry by landing a $2B loan to complete the buildout of #Novva's state-of-the-art 175MW #AI #datacenter campus in West Jordan, Utah. Some of the details include: ?? J.P. Morgan and Starwood Property Trust are providing the $2B loan; ?? CIM Group provided the original funding (along with the exec team at #Novva) to launch the firm in mid-2020; ?? Novva Data Centers currently has six separate AI-focused data centers / data center campuses in the western United States that are either acquired, built, or being built; ?? The West Jordan campus sits on 100 acres in southwestern-most West Jordan, with Phase 1 already completed at 318,000 sq. ft; ?? When completed, the campus will include 1MM sq. ft. of facilities; ?? In total, #Novva has raised ~$450MM in equity, plus $7.1B in debt. Our report —?"Utah-based Novva Data Centers and its Investment Partner, CIM Group, Land $2 Billion Loan to Complete a 175MW State-of-the-Art AI Data Center in West Jordan, Utah" —?is available now on Utah Money Watch here: https://lnkd.in/gat3zwuU. Thanks. David Politis (aka, "Poppa P"), CEO, Publisher, Editor, and Founder, Utah Money Watch P.S. BTW ... if you're just learning about this breaking news, you could have been instantly notified via email when my report was published at ~6:45am MT this morning, 06 March 2025, IF you were already signed-up as a #subscriber of #UtahMoneyWatch ... which, as of today, is still free. Should you want to make that jump, simply visit www.UtahMoneyWatch.com, click on any blue+white #subscribe button, and fill-out two fields. That's it. P.P.S. Additionally, if you find this news writeup / analysis useful / helpful, we'd love any #likes, #comments, #shares, and/or #reposts. And thanks in advance. DLP

"NEWS BRIEF: Salt Lake City-based SINTX Technologies Raises $5 Million Gross Proceeds in a Private Placement." The news is fairly straightforward, although (presuming our math is correct), it looks like its "exclusive placement agent," H.C. Wainwright & Co., LLC, will pocket upwards of $800K on the deal which seems pretty expensive to us. But, what do we know. Anyway, to get the inside scoop, please visit Utah Money Watch to read https://lnkd.in/gaZH5khd. Thanks. David Politis (aka, "Poppa P"), CEO, Publisher, Editor, & Founder Utah Money Watch #utah #money #monetary #financial #lifescience #health

BREAKING: Utah's largest real estate firm, Bridge Investment Group, is being acquired by Apollo Global Management, Inc. for $1.5 billion in an all-stock deal. #Bridge currently has $49.2 billion in Assets Under Management, #AUM, with roughly 56% of its annual income being driven by its real estate assets. As of March 2024, Bridge Investment Group had over 90,000 residential units across ?? multifamily, ?? workforce/affordable housing, ?? senior housing, ?? single-family rental markets. Additionally, as of today, #Bridge has over 13.6 million square feet of industrial net lease warehouse properties and build-to-suit development projects, including? ?? logistics, ?? manufacturing, ?? distribution, and ?? cold storage assets. Given the fact that over 51% of "certain" #Bridge shareholders have already voted in favor of the acquisition, this deal is a "Slam Dunk," one that's expected to close in Q3 2025 (ended September 30). To dive deeper into this transaction, we invite you to turn to Utah Money Watch to read the full report here: https://lnkd.in/gYEKAXYz. = = = = = = = = = = = = = = = NOTE: This article/report was originally published and distributed to our #Subscribers at approximately 08:05am (MT) on Wednesday, 26 February 2025. However, if this report/article came to your attention sometime after this date/time and you'd like to change that, then (to become a subscriber), please follow the steps below. Simply, 1. Click on a "Subscribe" button on any Utah Money Watch webpage (visit www.UtahMoneyWatch.com), 2. Enter in your name in the proper field in the popup window that appears on-screen, and 3. Enter your preferred email address in the proper field too. That's it. And "Yes," it really is that simple. Thanks. David Politis (aka, "Poppa P"), CEO, Publisher, & Editor Utah Money Watch #Utah #acquisition #WallStreet #RealEstate

NEWS BRIEF: "Utah-based Boostly Snags $22 Million in 'Significant' Growth Funding Led by Private Equity Firm, PeakSpan Capital." The news itself is fairly straightforward, with copies of Boostly's press release re-published by multiple news outlets already. But what's the story behind the story? Since its launch in 2017, Boostly claims it's grown to be the No. 1 "SMS marketing platform for restaurants," with 1200+ #restaurant locations today in North America leveraging the firm's ?? "Automated SMS campaigns,? ?? "Automated phone assistants, and? ?? "Real-time feedback monitoring." Does it work? Well, the owner of Maryland-based Hartford Station Pizzeria?says that in the first 4 months of using its services, Boostly helped drive $100,000 in new sales ... from its EXISTING customers. To get the full report, we invite you to visit Utah Money Watch to read https://lnkd.in/gh45HYeJ. For the record, this writeup was published originally at ~9am MT on Tuesday, 25 February 2025, which means that our #subscribers were notified virtually immediately via email that this story had been published. So, if you'd prefer to have the same benefit, simply ?? Visit Utah Money Watch at www.UtahMoneyWatch.com, ?? Click on one of the #Subscribe buttons on our website, ?? Then answer 2 short questions. That's it. And it will take you 30 seconds or less. In the meantime, thanks for your ongoing support and encouragement. We truly appreciate it. Sincerely, David Politis (aka, "Poppa P"), CEO, Publisher, Editor, & Founder, Utah Money Watch Y Combinator Trestle Capital Partners Singularity Capital Shane Murphy Mikey Murphy

BREAKING NEWS: "Utah-based Waystar Announces Public Offering Slated to Raise Over $800 Million for its Three Largest Shareholders." As a #PublicOffering, there's not a lot #Waystar (or any other company) can disclose beyond what is in its #prospectus, as filed with the U.S. Securities and Exchange Commission, so we provide a link to its Form S-1 in our story. But, what we can share here is that Waystar's three largest shareholders, ?? EQT Group, ?? CPP Investments | Investissements RPC, and ?? Bain Capital, will collectively sell 18 million shares of #Waystar common stock that they own. And pre-market opening today, that would gross-out at over $800MM combined between the 3 firms. When the shares will be sold, or for how much, has not been disclosed. BUT ... Waystar will NOT GARNER A PENNY from the sale. To get the full rundown, please turn to Utah Money Watch to read our report here: https://lnkd.in/gCM3_w7S. As always, if you find posts like this one #useful / #helpful, we hope you'll take a moment to #repost it, #share it to your own feed, #comment on it, and/or #like it as it truly helps "juice" the social media algorithms. In the meantime, although this #article was initially published at 6:30am MT on Wednesday, 19 February 2025, if you're learning about this news sometime after-the-fact, you can have #news reports like this one instantaneously dropped in your email inbox by becoming a #subscriber. To do so, simply ?? Visit Utah Money Watch at www.UtahMoneyWatch.com, ?? Click on one of the #Subscribe buttons on our website, ?? Then answer 2 short questions. That's it. And it will take you 30 seconds or less. In the meantime, thanks for your ongoing support and encouragement. We truly appreciate it. Sincerely, David Politis (aka, "Poppa P"), CEO, Publisher, Editor, & Founder, Utah Money Watch

"NEWS BRIEF: Utah's PRG Boosts its Total Skiable Terrain by 67% as it Buys Controlling Interest in Powderhorn, its Fifth Ski Resort." In spite of how much snow-skiing and snowboarding grab our attention in #Utah each winter, we suspect very few Utahns have ever heard of Pacific Group Resorts, Inc. before. Yet, this 30-year-old Park City firm owns, operates, and manages year-round resorts in the U.S. and Canada. And with this purchase of controlling interest of Powderhorn Mountain Resort, #PRG now owns 5 #ski resorts with just under 4,000 total skiable acres. Oh, and it manages/operates another resort too. To get the rest of the details, we invite you to visit Utah Money Watch to read the full report here: https://lnkd.in/gY4GBn8K. As always, if you find posts like this one #useful / #helpful, we hope you'll take a moment to #repost it, #share it to your own feed, #comment on it, and/or #like it as it truly helps "juice" the social media algorithms. In the meantime, although this #article was initially published at 7:10am MT on Tuesday, 18 February 2025, if you're learning about this news sometime after-the-fact, you can have #news reports like this one instantaneously dropped in your email inbox by becoming a #subscriber. To do so, simply ?? Visit Utah Money Watch at www.UtahMoneyWatch.com, ?? Click on one of the #Subscribe buttons on our website, ?? Then answer 2 short questions. That's it. And it will take you 30 seconds or less. In the meantime, thanks for your ongoing support and encouragement. I truly appreciate it. Sincerely, David Politis (aka, "Poppa P"), CEO, Publisher, Editor, & Founder, Utah Money Watch

BREAKING NEWS: "Utah-based Sera Prognostics to Raise $50 Million to Help Leverage Proteomics to Boost its Efforts to Identify Preterm Birth Candidates and Improve Maternal and Neonatal Health." Following a fairly stealthly announcement this Monday (10 February 2025), #SeraPrognostics has "apparently" raised ~$50 million in gross proceeds yesterday (12 February 2025) from a secondary public offering on the Nasdaq Stock Market. We use the term "apparently" because although the company announced that it expected to close the stock sale yesterday, it has not yet announced if that sale has been completed. Anyway ... to get the details, we invite you to visit Utah Money Watch to get the full details here: https://lnkd.in/ggvy9WtU. As always, if you find this news/information #useful / #helpful, we only ask that you take a moment to leave a #comment and/or #repost or #share this post on your feed, and/or give it a #like to help boost engagement. Secondly, if you're not getting instantaneous email notification that we've published a new writeup / report on Utah Money Watch, you can change that in an instant. Simply visit www.UtahMoneyWatch.com, click on any #SUBSCRIBE button, then fill out 2 fields to sign-up for free. In total, it'll take you under 30 seconds. In the meantime, thanks for your ongoing support and encouragement. Sincerely, David Politis (aka, "Poppa P"), CEO, Publisher, Editor, & Founder of Utah Money Watch #pregnancy #preterm #PreTermBirths #WallStreet #RaisingMoney #PublicOffering P.S. The "Hero Photo" used for this post was downloaded from Sera Prognostics' most recent investor presentation. dlp

NEWS & ANALYSIS: "With $20 Million in New Funding, Utah-based Jump Targets a Market Responsible for Over $128 Trillion." In an effort to provide the rest of the story behind the new Series A funding of $20 million for Jump - Advisor AI, we did some digging, including an interview with two of #Jump's co-founders the past Friday, Parker Ence & Tim Chaves. So, to read the rest of the #Jump story, please visit Utah Money Watch here: https://lnkd.in/gpTwKup5. As always, if you find this writeup #useful / #helpful, we hope you'll take a moment to leave a #comment, #share it with a colleague/friend, #repost it to your own feed, and/or leave a #like. In the meantime, thanks again. Adam Kirk Hannah Dixon