Happy Friday!
It’s been a busy week for us here @PeakHQ as we seek our next winning deal and are now “out and about” seeing investors, partners and companies
It’s certainly great to be out, but “boy oh boy”, the COVID diet needs to be better “reinforced”!
Across Markets…
Last night, stock slumped and Treasuries rallied as a resurgence in coronavirus cases added to concern about tougher restrictions that could slow down the economic recovery without further stimulus.
The S&P 500 sank as much as 1.4% as New York City — the early epicenter of the pandemic in the U.S. — prepared for the possibility of closing its schools while Chicago issued an advisory urging residents to avoid leaving home except for work and other essential activities.
The Trump administration is stepping back from talks on a government relief package and leaving it up to Congress to revive negotiations with House Speaker Nancy Pelosi, according to people familiar with the situation.
Majority Leader Mitch McConnell took the first step for the Senate to confirm Judy Shelton as soon as the coming week to the Federal Reserve board, one of President Donald Trump’s outstanding two nominations.
All major groups in the American equity benchmark retreated, led by declines in energy producers and banks. While the Nasdaq 100 erased earlier gains, it outperformed other benchmarks on bets that tech companies flush with cash will remain as a safety trade.
The Russell 2000 index of smaller companies sank.
Source: Bloomberg
Stocks
The S&P 500 Index dipped 1.3% as of 2:47 p.m. New York time.
The Stoxx Europe 600 Index decreased 0.9%.
The MSCI Asia Pacific Index rose 0.3%.
Currencies
The Bloomberg Dollar Spot Index climbed 0.1%.
The euro climbed 0.2% to $1.1798.
The Japanese yen strengthened 0.2% to 105.20 per dollar.
Bonds
The yield on 10-year Treasuries fell eight basis points to 0.89%.
Germany’s 10-year yield sank three basis points to -0.54%.
Britain’s 10-year yield slid seven basis points to 0.348%.
Commodities
The Bloomberg Commodity Index was little changed.
West Texas Intermediate crude increased 1% to $41.88 a barrel.
Gold rose 0.5% to $1,875.85 an ounce.
Source: Bloomberg
Melbourne biotech Exopharm (ASX:EX1) has solved a crucial bottleneck in the production of exosomes, creating an easily scalable technology to purify exosomes that may have momentous potential in regenerative medicine.
There’s a lot of excitement in the field of regenerative medicine about exosomes, nano-vesicles secreted by cells for intercellular signaling that have been found to stimulate tissue regeneration.
Exopharm managing director and founder Dr Ian Dixon calls exosomes the “secret sauce” of stem cells, and says exosomes have promise to deliver targeted medicine and fighting age-related diseases.
But purifying these exosomes – also known as extracellular vesicles (EVs) – so they can be made in sufficient scale to be used as a new form of medicine has always been an issue.
“Everyone knows that EVs have magical properties,” he says.
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.047 +4.44%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.12 -3.85%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.076 +2.70%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.20 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.059 -1.67%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.073 +1.39%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.026 +8.33%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $3.00 -2.60%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.043 -2.27%
Sector: Mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.0090 +28.57%
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3m
Price Change: $0.0050 Unchanged
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.21 +10.53%
Sector: Mining (Gold)
Year: 2020
Deal Type: Placement
Raise Amount: $982k
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.014 Unchanged
Sector: Hemp & CBD
Year: 2020
Deal Type: Pre IPO
Raise Amount: $2.5m
Sector: Psychedelic assisted therapy
Year: 2020
Deal Type: Placement
Raise Amount: $2.5m
Price Change: CAD $0.055 -8.33%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.043 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
