最新ニュース Green Dot (NYSE:GDOT) 株価情報

Green Dot

Green Dot Corp is a financial technology company that provides financial services for consumers in the United States without good banking options. It has three segments Consumer Services, Business to Business Services(B2B), and Money Movement Services. The company generates maximum revenue from B2B segment. Its B2B Services segment consists of revenues and expenses derived from (i) its partnerships with prominent consumer and technology companies that make banking products and services available to their consumers, partners and workforce through integration with its banking platform (the "Banking-as-a-Service", or "BaaS channel"), and (ii) a comprehensive payroll platform that it offers to corporate enterprises (the "Employer channel") to facilitate payments for today's workforce.

Green Dot Corporation Class A Common Stock, $0.001 par value

Green Dot Corp

<a target="_blank" href="https://www.benzinga.com/fintech" rel="noreferrer noopener">Fintech mortgage lender</a> Beeline Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLNE#NASDAQ">BLNE</a>) announced Wednesday the upcoming launch of a new home equity access product that allows homeowners to convert a portion of their home equity into immediate cash without incurring debt or monthly payments.
Beeline has partnered with a company ("RealCo") co-owned by Beeline's principal shareholder and CEO.
RealCo will issue stablecoins to access capital to purchase equity from homeowners seeking liquidity.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/25/04/45064810/exclusive-beeline-breaks-1-billion-barrier-bets-big-on-ai-and-short-term-rental-surge" rel="noreferrer noopener">Beeline Breaks $1 Billion Barrier, Bets Big On AI And Short-Term Rental Surge</a>
RealCo is engaging with Beeline, which will source consumers and provide services. Beeline Title will provide title and escrow services.
The company said this product will be funded through a stablecoin-backed model, offering homeowners a fast and flexible alternative to traditional refinancing or HELOCs.
The hard launch is likely for late July, with beta transactions beginning in June.
The coins will be backed by ownership through a fractional deed on the property. RealCo will acquire minority ownership in homes (up to 49%) as a nominee for the funders who will receive the stablecoins. Homeowners selling equity can opt to receive RealCo-issued stablecoins or U.S. dollars.
Unlike conventional lending products, this is not a loan transaction tied to interest rates or a buy-back obligation, allowing Beeline to generate consistent revenue in any rate environment.
The company expects it would drive faster percentage-based revenue growth than traditional mortgage lenders, and with the fees, it expects to be well-positioned to reach operational profitability beginning in the fourth quarter of 2025.
RealCo will initially launch in approximately ten thousand U.S. zip codes and only enter into equity purchases on homes valued at $1 million.
Nick Liuzza, CEO of Beeline Holdings, said that provided there's equity in the home, RealCo will mint coins at closing, which may then be converted into U.S. dollars.
The stablecoin mechanism becomes the catalyst for funding, and it is secured by property recorded in 1:1 in the blockchain and in the public record, he said.
Participating homeowners will receive cash at closing and will not be required to repay the funds until the property is sold. Upon sale, RealCo, as nominee for the token holders, will receive its pro rata percentage of the net proceeds.
Beeline's existing product suite includes conventional mortgage offerings and a range of non-QM loan programs, many of which are optimized for 1099 earners, self-employed borrowers, and younger homeowners. The company emphasized that this new product is an addition, not a pivot, from its core model.
The product will likely benefit individuals who do not qualify for traditional cash-out refinancing or HELOCs but have meaningful equity. Beeline anticipates additional use cases to emerge as the product rolls out to a broader audience in the months ahead.
Key U.S. home equity lending players included Bank of America Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), LendingTree Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TREE#NASDAQ">TREE</a>), and US Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>).
Price Action: At the last check on Wednesday, BLNE shares were trading higher by 11.7% at $0.9880 premarket.
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EXCLUSIVE: Beeline Launches Stablecoin-Backed Home Equity Product, Targets Profitability By Late 2025

Barclays analyst Ramsey El-Assal maintains Green Dot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDOT#NYSE">GDOT</a>) with a Underweight and raises the price target from $7 to $10.

Price Target

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Barclays Maintains Underweight on Green Dot, Raises Price Target to $10

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Green Dot shares are trading higher after the company reported better-than-expected Q1 financial results and raised its FY25 guidance above estimates.

Shares of Pinterest, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter sales results and issued second-quarter sales guidance with its midpoint above estimates. Also, Pinterest&#8217;s reported an increase in its <a href="https://www.benzinga.com/general/social-media/25/05/45300764/pinterest-stock-surges-on-q1-earnings-company-sees-continued-momentum-in-revenue-user-growth-engagement">monthly average users</a>.
Pinterest reported first-quarter revenue of $855 million, beating estimates of $846.59 million, according to Benzinga Pro. The idea discovery platform company reported first-quarter adjusted earnings of 23 cents per share, missing analyst estimates of 26 cents per share.
Pinterest shares jumped 12.7% to $31.40 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul class="wp-block-list">
<li>ZK International Group Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZKIN#NASDAQ">ZKIN</a>) rose 88.8% to $4.76 in pre-market trading after jumping 129% on Thursday.</li>
<li>SCWorx Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WORX#NASDAQ">WORX</a>) surged 75.1% to $0.9595 in pre-market trading.</li>
<li>Corvus Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRVS#NASDAQ">CRVS</a>) gained 37% to $4.59 in pre-market trading after it reported first-quarter EPS. The company also reported data from its Cohorts 1-3 of Placebo-Controlled phase 1 clinical trial.</li>
<li>Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHPH#NASDAQ">SHPH</a>) jumped 22.3% to $0.33 in pre-market trading after the company announced FDA orphan-drug nears patient enrollment milestone for phase 2 clinical trial.</li>
<li>PHX Minerals Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHX#NYSE">PHX</a>) gained 20.8% to $4.33 in pre-market trading after WhiteHawk announced plans to but the company for $4.35 per share.</li>
<li>TransMedics Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMDX#NASDAQ">TMDX</a>) surged 16.5% to $108.84 in pre-market trading after the company reported better-than-expected first-quarter financial results and raised its FY25 sales guidance above estimates.</li>
<li>Green Dot Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDOT#NYSE">GDOT</a>) climbed 14.8% to $10.00 in pre-market trading after the company reported better-than-expected first-quarter financial results and raised its FY25 guidance above estimates.</li>
<li>The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) gained 14.2% to $68.36 in pre-market trading after the company reported better-than-expected quarterly financial results.</li>
<li>Clean Energy Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CETY#NASDAQ">CETY</a>) gained 12.6% to $0.5293 in pre-market trading after rising 18% on Thursday.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul class="wp-block-list">
<li>Jade Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBIO#NASDAQ">JBIO</a>) shares dipped 44.4% to $5.00 in pre-market trading.</li>
<li>NuCana plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNA#NASDAQ">NCNA</a>) shares fell 39.2% to $0.0626 in pre-market trading after dipping 66% on Thursday. NuCana recently announced a registered direct offering with approximately $7 million gross proceeds.</li>
<li>Twin Vee Powercats Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEEE#NASDAQ">VEEE</a>) shares fell 38.7% to $4.57 in pre-market trading after the company announced the pricing of public offering.</li>
<li>Super League Enterprise, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLE#NASDAQ">SLE</a>) fell 37.5% to $0.2033 in pre-market trading after the company announced the launch of a proposed public offering.</li>
<li>Iovance Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOVA#NASDAQ">IOVA</a>) shares tumbled 35.6% to $2.04 in pre-market trading after the company reported worse-than-expected first-quarter financial results.</li>
<li>Profound Medical Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PROF#NASDAQ">PROF</a>) dipped 34.7% to $3.25 in pre-market trading after posting downbeat quarterly earnings.</li>
<li>Solidion Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) fell 25.6% to $0.1170 in today's pre-market trading. Solidion Technology shares jumped 67% on Thursday after the company presented its patented technology for transforming lithium-ion facilities into battery producers.</li>
<li>Globus Medical, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMED#NYSE">GMED</a>) fell 17.2% to $60.00 in pre-market trading after the company reported worse-than-expected first-quarter financial results and cut its FY25 adjusted EPS guidance below estimates.</li>
<li>FIGS, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIGS#NYSE">FIGS</a>) declined 16.2% to $4.22 in pre-market trading after reporting first-quarter results.</li>
<li>Wolfspeed, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) fell 13.2% to $3.84 in pre-market trading after reporting mixed quarterly results.</li>
</ul>
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<li> <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45285413/top-3-financial-stocks-which-could-rescue-your-portfolio-this-month">Top 3 Financial Stocks Which Could Rescue Your Portfolio This Month</a> </li>
</ul>
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Why Pinterest Shares Are Trading Higher By 13%; Here Are 20 Stocks Moving Premarket

Green Dot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDOT#NYSE">GDOT</a>) is looking for FY2025 GAAP EPS of $(0.96)-$(0.83) vs $0.12 analyst estimate..

Guidance

Green Dot Sees FY2025 GAAP EPS $(0.96)-$(0.83) vs $0.12 Est

Green Dot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDOT#NYSE">GDOT</a>) raises FY2025 Adj EPS guidance from $1.05-$1.20 to $1.14-$1.28 vs $1.11 analyst estimate. Raises FY2025 sales outlook from $1.85 billion-$1.90 billion to $2.00 billion-$2.10 billion vs $1.90 billion estimate.

Green Dot Raises FY2025 Adj EPS Guidance from $1.05-$1.20 to $1.14-$1.28 vs $1.11 Est; Raises FY2025 Sales Guidance from $1.85B-$1.90B to $2.00B-$2.10B vs $1.90B Est

Green Dot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDOT#NYSE">GDOT</a>) reported quarterly earnings of $1.06 per share which beat the analyst consensus estimate of $0.71 by 49.3 percent. This is a 79.66 percent increase over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $555.96 million which beat the analyst consensus estimate of $507.93 million by 9.46 percent. This is a 24.26 percent increase over sales of $447.42 million the same period last year.

Earnings

Earnings Beats

Green Dot Q1 Adj. EPS $1.06 Beats $0.71 Estimate, Sales $555.96M Beat $507.93M Estimate

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Earnings Scheduled For May 8, 2025

<a href="https://fortune.com/2025/05/07/green-dot-walmart-apple-prepaid-debit-cards-private-equity-citigroup-fintech-banks/" title="https://fortune.com/2025/05/07/green-dot-walmart-apple-prepaid-debit-cards-private-equity-citigroup-fintech-banks/">https://fortune.com/2025/05/07/green-dot-walmart-apple-prepaid-debit-cards-private-equity-citigroup-fintech-banks/</a>

'Fintech Giant Green Dot Attracts Private Equity Interest Despite Sluggish Deal Climate' - Fortune

General

SSNLF

Green Dot Announces A New Partnership With Samsung Electronics To Add New Features And Functionality To Samsung Wallet

<h3>Gainers</h3>
<ul>
<li>CNFinance Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNF#NYSE">CNF</a>) stock moved upwards by 18.1% to $0.79 during Tuesday's after-market session. The market value of their outstanding shares is at $54.1 million. </li>
<li>AIFU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIFU#NASDAQ">AIFU</a>) shares moved upwards by 7.69% to $0.14. The company's market cap stands at $7.9 million. </li>
<li>Popular (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPOP#NASDAQ">BPOP</a>) shares increased by 5.83% to $94.7. The market value of their outstanding shares is at $6.5 billion. </li>
<li>AGM Group Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGMH#NASDAQ">AGMH</a>) shares moved upwards by 5.0% to $0.03. The market value of their outstanding shares is at $1.3 million. </li>
<li>Zhibao Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZBAO#NASDAQ">ZBAO</a>) stock rose 4.94% to $1.02. The market value of their outstanding shares is at $32.6 million. </li>
<li>Patriot Ntl Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNBK#NASDAQ">PNBK</a>) shares rose 3.84% to $3.24. The market value of their outstanding shares is at $238.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Top KingWin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WAI#NASDAQ">WAI</a>) shares declined by 9.6% to $0.14 during Tuesday's after-market session. The company's market cap stands at $26.4 million. </li>
<li>Green Dot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDOT#NYSE">GDOT</a>) stock decreased by 5.61% to $7.41. The company's market cap stands at $406.6 million. </li>
<li>Forge Global Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRGE#NYSE">FRGE</a>) shares declined by 5.09% to $11.21. The company's market cap stands at $140.6 million. </li>
<li>AppTech Payments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APCX#NASDAQ">APCX</a>) stock decreased by 5.0% to $0.4. The market value of their outstanding shares is at $13.2 million. </li>
<li>Dominari Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOMH#NASDAQ">DOMH</a>) shares fell 4.81% to $4.16. The market value of their outstanding shares is at $60.9 million. </li>
<li>Pineapple Financial (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/PAPL#AMEX">PAPL</a>) stock fell 4.68% to $0.27. The company's market cap stands at $2.6 million. 
See Also: <a href="http://www.benzinga.com/money/best-financial-services-stocks/" title="www.benzinga.com/money/best-financial-services-stocks/">www.benzinga.com/money/best-financial-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Financials Stocks Moving In Tuesday's After-Market Session

Shares of Liberty Energy Inc.  (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LBRT#NYSE">LBRT</a>) rose sharply in today's pre-market trading following <a href="https://www.benzinga.com/quote/LBRT/earnings">first-quarter results</a>.
Liberty Energy reported quarterly earnings of 4 cents per share which missed the analyst consensus estimate of 5 cents per share. The company reported quarterly sales of $977.46 million which beat the analyst consensus estimate of $954.73 million.
Liberty Energy shares jumped 9.1% to $12.47 in pre-market trading
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Baijiayun Group Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTC#NASDAQ">RTC</a>) rose 90.2% to $0.4088 in pre-market trading after the company formed a strategic partnership with Xinlantian to combine AI Video and large language model technologies with decade-long expertise in autism rehabilitation, for autistic children across China.</li>
<li>SMX (Security Matters) Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) surged 52.7% to $2.23 in pre-market trading after gaining 4% on Wednesday.</li>
<li>Sharps Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STSS#NASDAQ">STSS</a>) gained 31% to $0.0347 in pre-market after dipping 18% on Wednesday.</li>
<li>Hertz Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) gained 24.3% to $7.09 in pre-market trading after CNBC&#8217;s Scott Wapner said Pershing Square&#8217;s Hertz stake is 19.8%, through shares &amp; swaps.</li>
<li>Avanos Medical, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVNS#NYSE">AVNS</a>) rose 24.3% to $14.99 in pre-market trading.</li>
<li>TXNM Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXNM#NYSE">TXNM</a>) jumped 21.7% to $64.00 in pre-market trading. TXNM Energy will announce first quarter financial results before the opening bell on Friday, May 9.</li>
<li>IT Tech Packaging, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITP#NYSE">ITP</a>) surged 21.4% to $0.31 in pre-market trading.</li>
<li>Algoma Steel Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTL#NASDAQ">ASTL</a>) rose 20.8% to $5.69 in pre-market trading.</li>
<li>Green Dot Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDOT#NYSE">GDOT</a>) gained 18.4% to $8.79 in pre-market trading. Green Dot will host a conference call and earnings webcast to discuss first quarter financial results on Thursday, May 8.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>enVVeno Medical Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVNO#NASDAQ">NVNO</a>) fell 47.4% to $1.25 in pre-market trading.</li>
<li>Asure Software, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASUR#NASDAQ">ASUR</a>) fell 34.3% to $6.00 in pre-market trading.</li>
<li>iOThree Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOTR#NASDAQ">IOTR</a>) shares fell 32.3% to $1.25 in pre-market trading after dipping 54% on Wednesday.</li>
<li>Sionna Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SION#NASDAQ">SION</a>) shares dipped 30% to $7.00 in pre-market trading following a 5% gain on Wednesday.</li>
<li>TNF Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNFA#NASDAQ">TNFA</a>) shares tumbled 22.6% to $0.19 in pre-market trading after dipping 9% on Wednesday.</li>
<li>Mercer International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MERC#NASDAQ">MERC</a>) shares fell 20.4% to $4.10 in pre-market trading. Mercer International will release its first quarter results for the period ending March 31, 2025 on Thursday, May 1, after the closing bell.</li>
<li>Legacy Education Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LGCY#NYSE">LGCY</a>) fell 16.7% to $5.31 in today's pre-market trading.</li>
<li>Telos Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLS#NASDAQ">TLS</a>) fell 16.7% to $2.10 in pre-market trading.</li>
<li>Torrid Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CURV#NYSE">CURV</a>) dipped 14.4% to $5.01 in pre-market trading after gaining around 6% on Wednesday.</li>
<li>Interface, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TILE#NASDAQ">TILE</a>) declined 8.7% to $17.01 in pre-market trading.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/04/44836659/top-3-industrials-stocks-that-may-plunge-this-month">Top 3 Industrials Stocks That May Plunge This Month</a> </li>
</ul>
Photo via Shutterstock

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Why Liberty Energy Shares Are Trading Higher By 9%; Here Are 20 Stocks Moving Premarket

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Shares of consumer finance companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

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Shares of banks and financial services stocks are trading lower following greater-than-expected inflation data measured through the PCE price index for February, while personal spending missed estimates. Additionally, recent tariff announcements may be weighing on equities.

<h2 class="wp-block-heading">New On The Block</h2>
Purple Innovation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRPL#NASDAQ">PRPL</a>) is <a href="https://www.benzinga.com/topic/auction">considering a sale</a>. 
After receiving &#8220;unsolicited expressions of interest,&#8221; the mattress maker is exploring all possibilities to boost shareholder value. 
Purple's board established a special committee of independent directors to evaluate the offers. In 2023, the company <a href="https://www.furnituretoday.com/financial/heres-why-purple-said-no-thanks-to-buyout-offer/">rejected</a> an unsolicited buyout from Coliseum Capital Management.
In other auction block news:
<ul>
<li>Archer-Daniels-Midland (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>) is considering a sale of its futures brokerage arm, according <a href="https://www.bloomberg.com/news/articles/2025-03-12/adm-is-said-to-consider-selling-futures-clearing-arm?srnd=phx-deals">to</a> Bloomberg. </li>
<li>Advent International wants to get rid of Ultra PCS, a Kansas defense tech company. Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-03-13/advent-said-to-weigh-ultra-pcs-sale-as-interest-in-defense-rises?srnd=phx-deals&amp;sref=TBDibEcD">estimates</a> the price tag to be about $1 billion. </li>
<li>Pollen Street Group owns a majority stake in Berlin-based debt collector Pair Finance GmbH for roughly €300 million ($328 million). But not for long, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-03-12/pollen-street-is-said-to-weigh-options-for-debt-collector-pair?sref=TBDibEcD">reports</a>. Centerview Partners is advising the sale process. </li>
<li>Green Dot Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDOT#NYSE">GDOT</a>), a digital bank and fintech firm, <a href="https://www.businesswire.com/news/home/20250310239208/en/Green-Dot-Announces-Review-of-Strategic-Alternatives-and-Leadership-Transition">hired</a> Citi to help explore strategic alternatives, including a sale.</li>
</ul>
<h2 class="wp-block-heading">Updates From The Block</h2>
<ul>
<li>Sportico <a href="https://www.sportico.com/business/team-sales/2025/celtics-bidders-pagliuca-middleman-chisholm-friedkin-1234842780/">reports</a> that William Chisholm, managing partner of Symphony Technology Group, has emerged as a new bidder for The Boston Celtics. The Friedkin Group, Phillies minority owner Stan Middleman and current Celtics co-owner Stephen Pagliuca are also bidding. </li>
</ul>
<ul>
<li>Compass is in talks to acquire HomeServices of America, Warren Buffett's <a href="https://www.benzinga.com/ma/25/03/44317138/warren-buffetts-real-estate-brokerage-compass-discuss-deal-report">real-estate brokerage business</a>. The price tag remains unknown. HomeServices, owned by <a href="https://www.wsj.com/market-data/quotes/US/BRK.A?mod=ANLink" target="_blank" rel="noreferrer noopener">Berkshire Hathaway</a>, had about 820 brokerage offices and 270 franchisees and about 5,400 employees last year. The Wall Street Journal first reported the news.</li>
</ul>
<ul>
<li>Ares Acquisition Corp. II, a SPAC, is in talks to merge with autonomous trucking company Kodiak Robotics. <a href="https://www.bloomberg.com/news/articles/2025-03-11/ares-spac-said-in-talks-to-merge-with-trucking-startup-kodiak">Per</a> Bloomberg, the deal valuation hovers $2 billion.</li>
</ul>
<h2 class="wp-block-heading">Off The Block</h2>
<ul>
<li>Endo and Mallinckrodt Pharmaceuticals agreed to merge in a transaction that values the <a href="https://www.benzinga.com/general/health-care/25/03/44312203/mallinckrodt-endo-merger-to-create-pharma-entity-valued-at-7-billion">combined entity at $6.7 billion</a>. </li>
</ul>
<ul>
<li>HIG Capital <a href="https://www.prnewswire.com/news-releases/hig-capital-completes-acquisition-of-quisitive-302398719.html">completed</a> its acquisition of Quisitive Technology Solutions, an Irving, Texas-based Microsoft solutions provider.</li>
</ul>
<h2 class="wp-block-heading">Bankruptcy Block</h2>
<ul>
<li>Sunnova Energy, a major U.S. residential solar company, is preparing to engage with creditors to address its $8.5 billion debt, potentially through bankruptcy, according <a href="https://www.wsj.com/articles/sunnova-prepares-restructuring-talks-that-could-include-bankruptcy-filing-f0e3c7ce">to</a> the Wall Street Journal. The company, with help from Baker Botts and JPMorgan, is exploring restructuring options and negotiating with creditors. Founded in 2012 and based in Houston, Sunnova has been struggling with declining rooftop solar demand, similar to rival SunPower, which filed for bankruptcy last year.</li>
</ul>
<ul>
<li>Spirit Airlines has successfully emerged from bankruptcy. The carrier met its goal of a first-quarter exit after facing significant financial challenges. CEO Ted Christie stated that the airline is leaner and more agile.</li>
</ul>
<h2 class="wp-block-heading">Notes From The Block</h2>
On Friday, President Donald Trump celebrated 50 days in office. &#8220;The winning never stops,&#8221; the White House touted.
But the losing can be felt in the world of investment banks and corporations that were once hungry for growth.
&#8220;Strategic M&amp;A has gotten off to an excruciatingly slow start,&#8221; according to a PitchBook analysis published today.
January saw the lowest M&amp;A volumes in a decade, and February didn't exactly bring the sunshine either. Companies are stuck in a mess of antitrust regulations, price mismatches and market turmoil, the firm added.
Wasn&#8217;t M&amp;A supposed to <a href="https://www.benzinga.com/m-a/24/11/41805370/jim-cramer-hopes-m-a-to-come-back-bigly-under-trump-administration">come back &#8220;bigly&#8221;</a> under Trump? Any <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41979935/golden-years-for-ma-deals-ahead-under-trump-analysts-highlight-top-10-large-cap-candidates">talk of M&amp;A dominance</a> that was expected after the <a href="https://www.benzinga.com/etfs/sector-etfs/24/11/41952823/republicans-set-to-hold-slim-house-majority-what-it-means-for-energy-financial-defense-sectors">GOP sweep in November</a>, is coming across as just that &#8211; talk.
Just look at top tech companies like Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>). They&#8217;re are sitting on their hands instead of making deals. 
Pitchbook points out that the Redmond, Washington-based company hasn't acquired anything in the last 18 months. Most of its fellow big-tech comrades aren&#8217;t sitting at the M&amp;A table, either. Instead, their would-be M&amp;A cash is going toward AI infrastructure.
And then there's the market sell-off. On Friday, Barron&#8217;s <a href="https://www.barrons.com/articles/trump-mergers-tariffs-banks-c4fdc61d">recalled</a> November when &#8220;Wall Street was full of hope.&#8221;
At the time, shares of Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), and Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) spiked. This indicated that an M&amp;A &#8220;revival&#8221; under Trump's second term was in our midst. Fast-forward to today: Goldman Sachs' chief economist <a href="https://finance.yahoo.com/news/goldman-sachs-chief-economist-just-160521522.html">downgraded</a> the entire U.S. economy; JPMorgan CEO Jamie Dimon is sounding the alarm — <a href="https://www.benzinga.com/news/events/25/03/44290692/jamie-dimon-warns-of-economic-weakening-negative-consumer-sentiment">once again</a>; and Morgan Stanley <a href="https://www.reuters.com/markets/deals/morgan-stanley-research-sees-slowdown-ma-activity-first-half-2025-amid-2025-03-13/">expects</a> there won&#8217;t be much action until the third quarter. 
And earlier Friday, the University of Michigan's latest survey <a href="https://www.benzinga.com/economics/macro-economic-events/25/03/44331170/us-consumer-confidence-plunges-as-inflation-fears-hit-highest-level-since-1993" target="_blank" rel="noreferrer noopener">showed a rapid decrease </a>in consumer confidence as economists use words like &#8220;horrific&#8221; and &#8220;scary&#8221; to <a href="https://www.benzinga.com/25/03/44337983/economists-react-to-march-consumer-confidence-plunge-this-is-a-horrific-report">describe the numbers</a>.
Sounds more like &#8220;the winning&#8221; never started.
For last week&#8217;s edition of <a href="https://www.benzinga.com/news/asset-sales/25/03/44202239/deal-dispatch-tiktok-walgreens-raizen">Deal Dispatch, click here</a>.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/03/44340164/market-bottom-or-another-scared-cat-bounce-wall-street-veteran-remains-skeptical">Market Bottom Or Another &#8216;Scared Cat Bounce&#8217;? Wall Street Veteran Remains Skeptical</a></li>
</ul>

Deal Dispatch: Trump M&A Boom Is A Bust, Purple Mattress Considers Sale, Celtics Auction Heats Up

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