{"id":735398,"date":"2025-03-11T13:24:02","date_gmt":"2025-03-11T13:24:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=735398"},"modified":"2025-03-11T13:24:02","modified_gmt":"2025-03-11T13:24:02","slug":"rocket-companies-nyse-rkt-to-acquire-redfin-nasdaq-rdfn-in-175b-deal-more-stocks-to-watch-inside","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/rocket-companies-nyse-rkt-to-acquire-redfin-nasdaq-rdfn-in-175b-deal-more-stocks-to-watch-inside_735398.html","title":{"rendered":"Rocket Companies (NYSE: RKT) to Acquire Redfin (NASDAQ: RDFN) in $1.75B Deal – More Stocks to Watch Inside!"},"content":{"rendered":"
\"Rocket<\/a><\/div>\n

Rocket Companies (NYSE: RKT)<\/strong> is set to acquire Redfin (NASDAQ: RDFN)<\/strong> in an all-stock deal valued at $1.75 billion ($12.50 per share)<\/strong>, integrating Redfin’s 50 million monthly visitors<\/strong> with Rocket’s mortgage offerings. The fintech giant will collapse its “Up-C” structure<\/strong> and issue a special $0.80 per share dividend<\/strong> for Class A common stock, payable on April 3<\/strong>. Rocket will host a conference call today at 8:00 a.m. ET<\/strong> to discuss the acquisition.<\/p>\n

Power Metallic Mines Inc. (TSXV: PNPN)(OTCBB: PNPNF) ranked #4 on the TSX and #1 among mining stocks<\/strong>, recently rebranded from Power Nickel Inc. to emphasize its focus on metallic minerals exploration<\/strong>. The company secured C$50 million in private placement funding<\/strong> on February 27, 2025<\/strong>, to accelerate exploration and acquisitions<\/strong>. Over the past week, PNPN.V surged 5.63% to C$1.69<\/strong>, while PNPNF gained 3.76% to $1.20<\/strong>, reflecting strong market confidence<\/strong>. These milestones position Power Metallic Mines Inc.<\/strong> as a leading force in the mining sector<\/strong>.<\/p>\n

AtlasClear Holdings (NYSEAMEX: ATCH)<\/strong> continues advancing its technology-driven financial services platform<\/strong>, focusing on trading, clearing, settlement, and banking<\/strong> for small and mid-market firms. In its March 3, 2025 update<\/strong>, the company reported that 10% of its debt has been satisfied through conversions<\/strong>, with $7.54 million in convertible debt settled<\/strong>, equating to 50% of the original Despac convertible debt<\/strong> and over 22% of total debt<\/strong>.<\/p>\n

Checkpoint Therapeutics (NASDAQ: CKPT)<\/strong> is set to be acquired by Sun Pharma<\/strong> in a $355 million cash deal<\/strong>, offering $4.10 per share upfront<\/strong> with a contingent value right of up to $0.70 per share<\/strong> upon milestone achievement. The acquisition brings UNLOXCYT™ (cosibelimab-ipdl)<\/strong>, the first and only FDA-approved anti-PD-L1 treatment for advanced cutaneous squamous cell carcinoma (cSCC)<\/strong>, under Sun Pharma’s global onco-derm franchise<\/strong>. Checkpoint’s breakthrough immunotherapy<\/strong> will now leverage Sun Pharma’s global reach<\/strong>, ensuring faster patient access<\/strong> and expanding CKPT’s innovation in targeted oncology treatments<\/strong>. Stockholder approval is pending<\/strong>.<\/p>\n

Peraso Inc. (NASDAQ: PRSO)<\/strong>, a leader in mmWave wireless technology<\/strong>, recently featured its CEO, Ron Glibbery,<\/strong> on ‘The Street Reports Podcast’<\/a><\/strong> to discuss advancements in 60 GHz mmWave solutions<\/strong>, including applications in fixed wireless access, AI-driven connectivity, and military communications<\/strong>. The company’s technology offers high-bandwidth, low-latency communications<\/strong> with features like adaptive beamforming<\/strong> and narrow “pencil” beams<\/strong>, enhancing stealth capabilities essential for military operations<\/strong>. These developments highlight Peraso’s commitment to delivering innovative solutions across various sectors<\/strong>.<\/p>\n

Market Trends and March 2025 Watchlist:<\/strong> As major industries undergo transformational shifts<\/strong>, these companies are making bold moves to expand market share, secure strategic acquisitions, and enhance technological innovation<\/strong>. Investors will be closely watching how Rocket Companies navigates its Redfin acquisition<\/strong>, Power Metallic Mines executes its expansion strategy<\/strong>, and Peraso Inc. advances its mi litary-grade wireless solutions<\/strong>. With key corporate milestones and stock performance trends<\/strong> in motion, these stocks remain ones to watch in the weeks ahead<\/strong>.<\/p>\n

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\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Rocket Companies (NYSE: RKT) is set to acquire Redfin (NASDAQ: RDFN) in an all-stock deal valued at $1.75 billion ($12.50 per share), integrating Redfin’s 50 million monthly visitors with Rocket’s mortgage offerings. The fintech giant will collapse its “Up-C” structure … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[426,427,440,431,411],"tags":[],"class_list":["post-735398","post","type-post","status-publish","format-standard","hentry","category-Financial-Market","category-Personal-Finance","category-Real-Estate","category-Sports","category-Technology"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/735398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=735398"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/735398\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=735398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=735398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=735398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}