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0.000163585800752462 0.000163585800752462 -0.00163585800752497 -0.000817929003762427 0.000490757402257503 -0.00359888761655486 -0.00351709471617857 -0.00196302960902989
Stock impact report

Bridge Bank Closes $47 Million Term Loan to Support Divergent Technologies' Growth [Yahoo! Finance]

Western Alliance Bancorporation (DE) (WAL) 
Last western alliance bancorporation (de) earnings: 4/16 04:26 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Torrance, California-based Divergent uses a data-driven approach to design and build vehicle structures with the Divergent Adaptive Production System (DAPS™), the world's first end-to-end software-hardware production system for industrial digital manufacturing for automotive, aerospace and defense applications. The new loan builds on Divergent's existing relationship with Bridge Bank in conjunction with the company's Series D equity financing round totaling $230 million in November 2023. "Bridge Bank is proud to be Divergent's banking partner as it continues to create new frontiers in vehicle design and production," said Mike Lederman, senior managing director in Bridge Bank's Technology Banking Group. "We believe in their vision and transformative approach to industrial manufacturing. This loan reflects our team's ongoing commitment to banking relationships with forward-thinking companies like Divergent." Echoing this sentiment, Divergent CEO Kevin Czinger emphasized the posit Show less Read more
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