DENVER, Colo., Nov 10, 2025 (247marketnews.com)- From billion-dollar buyouts to transformative therapies, today’s premarket headlines signal that innovation and consolidation remain the twin engines driving 2025’s closing stretch.
VENU (NYSE:VENU) Strikes a High Note with $14 Million Property Sale, Grand Opening of $44.5M Sunset Hospitality Collection
Shares of VENU (NYSE:VENU) are set to open higher after the live entertainment and hospitality innovator announced a $6.2 million development profit from a $14 million sale-leaseback of its Colorado Springs property, home to the acclaimed Ford Amphitheater. The transaction highlights VENU’s debt-free, public–private partnership model, underscoring its reputation as one of the most capital-efficient players in the live venue industry.
The company also confirmed a new partnership with Live Nation (NYSE:LYV) for its upcoming Oklahoma amphitheater, a move that deepens its integration with the world’s largest live entertainment promoter.
Meanwhile, VENU officially opened its $44.5 million Sunset Hospitality Collection, a fine dining and private event complex perched alongside the Ford Amphitheater. Anchored by Roth’s Sea & Steak and the swanky Brohan’s bar, the 58,700-square-foot venue combines Michelin-trained culinary craft with Rocky Mountain views and nine luxury event spaces accommodating nearly 900 guests.
CEO J.W. Roth hailed the project as a legacy for Colorado’s culinary scene, noting that the company’s fractional real estate ownership model and Luxe FireSuites continue to redefine what premium hospitality looks like in the live entertainment ecosystem.
VENU is positioned for a powerful short squeeze, with recent data indicating over 10 days to cover the short position.
Galecto (NASDAQ:GLTO) Surges on $285M Raise and Acquisition of Damora Therapeutics
In biotech, Galecto (NASDAQ:GLTO) rocketed premarket after announcing the acquisition of Damora Therapeutics, alongside a $285 million oversubscribed private placement backed by some of the sector’s heaviest hitters, including Viking Global, RA Capital, Wellington Management, and a16z Bio + Health.
The deal gives Galecto a cutting-edge pipeline of anti-mutant calreticulin (mutCALR) antibody therapies targeting Myeloproliferative Neoplasms (MPNs) such as Essential Thrombocythemia and Myelofibrosis, blood cancers with limited treatment options. Lead candidate DMR-001 is expected to enter human trials by mid-2026, with proof-of-concept data anticipated in 2027.
The combined company now boasts a financial runway into 2029, setting up Galecto to compete as a frontrunner in the next generation of hematology therapeutics.
TreeHouse Foods (NYSE:THS) Taken Private in $2.9B Deal with Investindustrial
In one of the week’s biggest consumer deals, TreeHouse Foods (NYSE:THS) agreed to be acquired by Investindustrial in an all-cash transaction valued at $2.9 billion. Shareholders will receive $22.50 per share in cash, a 38% premium to the stock’s pre-deal trading price, plus one Contingent Value Right (CVR) tied to potential recoveries from ongoing antitrust litigation with Keurig Dr Pepper (NASDAQ:KDP).
The move will take the private-label snack and beverage leader private, marking a new chapter under European ownership and expanding Investindustrial’s North American footprint to over 85 manufacturing plants and 16,000 employees. Shares of THS spiked in premarket trading on the news.
Corvex to Go Public in All-Stock Merger with Movano (NASDAQ:MOVE), Creating Pure-Play Platform for Secure AI Infrastructure and High-Performance Inference
Movano (NASDAQ:MOVE) and Corvex, Inc., an AI cloud computing company specializing in GPU-accelerated infrastructure for artificial intelligence workloads, have entered into a definitive all-stock merger agreement. The transaction positions the combined company to capture accelerating global demand for reliable, scalable, and secure AI infrastructure through Corvex’s Amplified AI Cloud platform. Under the terms of the merger, Movano shareholders will gain exposure to a rapidly emerging AI infrastructure pure play with differentiated capabilities, a growing sales pipeline, and a management team experienced in large-scale distributed computing and software development. The merger exchange ratio is based on a Movano per-share value of $6.25, and the companies have jointly raised $40 million in concurrent private placement financings.
Corvex shareholders are expected to receive 46.6 million shares of Movano stock, giving the combined entity enhanced capital flexibility to scale its AI infrastructure and software capabilities. Corvex’s platform is designed to meet the three defining challenges of the AI era, scale, efficiency, and security, through a hybrid strategy that balances high-performance “AI factory” capacity with software-driven scalability on third-party hardware. Entering the public markets allows us to accelerate our growth and expand our GPU-as-a-Service and AI-as-a-Service offerings, said Jay Crystal, Co-Chief Executive Officer and Co-Founder of Corvex, noting the company’s focus on engineering excellence, customer success, and disciplined capital allocation.
Cogent Biosciences (NASDAQ:COGT) Delivers Breakthrough in GIST Treatment
Cogent Biosciences (NASDAQ:COGT) captured the biotech spotlight after unveiling positive Phase 3 PEAK trial results for its bezuclastinib plus sunitinib combination in Gastrointestinal Stromal Tumors (GIST). The therapy doubled median progression-free survival (16.5 months vs. 9.2 months) and achieved a 46% objective response rate, the first positive second-line GIST trial in over 20 years.
Cogent plans to submit its NDA to the FDA in the first half of 2026, with analysts already calling the data “practice-changing.” The results could redefine the treatment landscape for patients resistant to imatinib, the current standard of care.
Pagaya Technologies (NASDAQ:PGY) Raises Guidance on Record Quarter
Fintech innovator Pagaya Technologies (NASDAQ:PGY) reported a blockbuster Q3, posting $350 million in total revenue, $107 million in adjusted EBITDA, and $23 million in GAAP net income, its third consecutive guidance raise.
With $2.8 billion in network volume and a $500 million corporate debt raise rated by all three major agencies, Pagaya’s AI-driven lending infrastructure continues to scale rapidly. CEO Gal Krubiner highlighted the strongest pipeline in company history, citing growing demand from auto and point-of-sale lending partners.
Rumble (NASDAQ:RUM) Wins $100 Million Ad Commitment from Tether
Rumble (NASDAQ:RUM) added fresh momentum to its crypto-integrated media ambitions after securing a $100 million advertising commitment from Tether, on top of a $150 million GPU services deal linked to Rumble’s pending exchange offer for Northern Data AG.
The partnership aims to integrate Rumble Wallet with Tether’s digital assets, including USD₮, XAU₮, and BTC, to power a new era of creator monetization and decentralized advertising. CEO Chris Pavlovski said the deal cements Rumble’s role as the foundation for a freer, more transparent digital economy.
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