Spinoffs & Takeovers Hotline – Friday, March 8, 2024

BUTTERFLY NETWORK INC., $1.18, symbol BFLY on New York, is a Guilford, Connecticut-based company founded in 2011. It has created a portable, pocket-sized ultrasound device that plugs into a smartphone or tablet.

The Butterfly iQ uses patented, miniaturized computer-chip technology to replace expensive cart-mounted ultrasound devices… Read More

Utz Brands Inc. must address costs

Utz Brands Inc. must address costs

A Member of Pat McKeough’s Inner Circle recently asked for his advice on a snacks company that’s been trading publicly since its reverse merger in 2020.

Pat likes the company’s aggressive growth plans, which include strategic acquisitions of products and distributors. However, he notes the company… Read More

Q: Hi, Pat. I’m looking for your recommendation on Leafly Holdings. I read they are now working with Uber in Toronto. Do you see any gains ahead? Thanks.

A: Leafly Holdings Inc., $0.70, symbol LFLY on Nasdaq (Shares outstanding: 40.0 million; Market cap: $27.8 million; www.leafly.com), is a Seattle-based online cannabis marketplace. Leafly was founded in 2010 and is considered the world’s largest cannabis marketplace, with more than 125 million annual visitors.

The company’s… Read More