Jasper Therapeutics Explores Sale or Merger While Planning Cost Cuts to Preserve Cash

Jasper Therapeutics, a clinical-stage biotechnology company, is reviewing strategic alternatives including a sale or merger to maximize shareholder value. The company also intends to evaluate cost-saving measures to preserve cash and maintain compliance with regulatory and financial reporting requirements.

Dot AI, an IoT and AI-based SaaS company listed as DAIC on NASDAQ, is exploring a potential sale.

B. Financial Group, as its exclusive financial advisor. No timeline has been set for completion of the process. , traded as CRMT on NASDAQ, has established a committee and retained Houlihan Lokey to oversee its M&A options.

The used-vehicle company could also consider financing, recapitalization or other transactions. New Mountain Capital purchased residential property management firm Asset Living from Roark Capital in a transaction valued at more than $2 billion, Reuters reported. Asset Living's CEO Ryan McGrath will remain involved in the business.

Energy Impact Partners LP announced that its utility-focused infrastructure services platform, Guardian Infrastructure Services, has acquired E2 Consulting Engineers. E2 provides engineering and technical consulting services to electric and gas utilities across North America. Salesforce, listed as CRM on the NYSE, has acquired digital experience platform Contentful for an undisclosed amount.