Craig-Hallum Capital Group

Congratulations to our client EMCORE, Inc. (“EMCORE”), a provider of specialized inertial navigation solutions to the aerospace and defense industry, on the closing of their sale to Velocity One, a newly formed aerospace manufacturing holding company backed by Charlesbank Capital Partners. Velocity One will have three industry leaders operating under its wing. In addition to EMCORE, it will comprise Cartridge Actuated Devices, Inc. (“CAD”), a 50-year veteran designer and manufacturer of energetic devices, and Aerosphere Power, a manufacturer of power system solutions for commercial and military aerospace, military ground vehicles, and UAV applications. This strategic combination positions Velocity One as a global leader in aerospace and defense, enabling the company to capture new opportunities, strengthen its market position, and expand its shared customer base. Craig-Hallum was proud to serve as exclusive financial advisor to EMCORE in the sale.

Congratulations to our client Cepton, Inc. (“Cepton”) on the closing of their sale to Koito Manufacturing Co., Ltd (“Koito”). Koito is a leading automotive tier one supplier and has acquired Cepton, a company focused on the deployment of high performance, mass-market light detection and ranging (“LiDAR”) technologies to deliver safety and autonomy across the automotive and smart infrastructure markets. Craig-Hallum was proud to serve as exclusive financial advisor to Cepton in the sale.

Please join us for Craig-Hallum’s NewSpace Conference, held virtually on Thursday, March 27, 2025. We are excited to take this opportunity to educate investors on a cross-section of trends, along with the public and private company disruptors who are driving them: including launch, earth observation, lunar, space hardware, and drone technology. Investors are invited to participate in a NewSpace 101 Teach-In fireside chat hosted by Jeff Van Rhee, Sr. Research Analyst, as well as moderated panel discussions, fireside chats, and one-on-one meetings with a range of public and private innovators.   Please contact your Craig-Hallum representative to register.

Congratulations to our client Genius Sports Ltd (GENI) on the success of its recent offering in January 2025 where Craig-Hallum served as co-manager. GENI is a business-to-business provider of scalable, technology-led products and services to the sports, sports betting and sports media industries.

Congratulations to our client Semler Scientific, Inc. (SMLR) on the success of its recent offering in January 2025 where Craig-Hallum served as co-manager. SMLR is a company providing technology solutions to improve the clinical effectiveness and efficiency of healthcare providers. Their mission is to develop, manufacture and market innovative products and services that assist customers in evaluating and treating chronic diseases. 

Congratulations to our client Electrovaya Inc. (ELVA) on the success of its recent offering in December 2024 where Craig-Hallum served as co-lead book-running manager. ELVA designs, develops and manufactures lithium-ion batteries and systems for materials handling electric vehicles, primarily warehouse forklifts, as well as for other electric transportation applications and electric stationary storage and other battery markets.

Senior Research Analyst, Bill Bonello, will host a fireside chat with Dr. Gabriel Bien-Willner, MD, Ph.D., FCAP Program Medical Director, MolDX, Chief Medical Officer Palmetto GBA. Monday, February 24, 2025, 2:00 pm ET. Please contact [email protected] or your Craig-Hallum representative to register for the event.

Join us for Craig-Hallum’s Quantum Computing Conference, to be held virtually on Monday, March 24. Richard Shannon, Sr. Research Analyst, will be hosting fireside chats with each participating company, and there will be one-on-one/small group meetings available to investors.   This conference will offer access to several companies across the QC sector to give investors a broad perspective of the market, including the only company using annealing technology that is commercially relevant today, and to companies representing the three most mature approaches to gate model – superconducting, ion traps, and neutral atom. Please contact your Craig-Hallum representative to register.

Save the date! The 22nd Annual Institutional Investor Conference will take place on Wednesday, May 28, 2025 at The Depot Renaissance Hotel located in Minneapolis, MN. The conference will feature C-suite executives from over 130 public companies within a variety of sectors including Technology, Consumer, Healthcare, Industrial and Clean Tech. Please contact your Craig-Hallum representative to register today!

Craig-Hallum Capital Group recently completed a sell-side M&A transaction for Five Senses Hospitality Management, a leading hotel management company. Based in Denver, CO, Five Senses delivers high-touch, end-to-end hotel management services to currently 15 hotels across four states with a strong market share in Colorado. They were acquired by Crestline Hotels and Resorts, one of the nation’s largest hospitality management companies. The acquisition enhances Crestline’s strong presence in Colorado and further accentuates its geographic footprint and portfolio as it will now manage over 135 hotels in 29 states and the District of Columbia. The transaction represents Craig-Hallum’s 2nd sell-side hotel management transaction in the last 12 months.