Pacifico Acquisition Corp. Common Stock

NEW YORK, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Pacifico Acquisition Corp. (NASDAQ: PAFOU, “Pacifico,” or the “Company”), a special purpose acquisition company, and Caravelle Group Co., Ltd ("Caravelle"), a global ocean technology company, today announced the completion of their previously announced business combination (the "Business Combination"). The Business Combination was approved by Pacifico’s shareholders on November 30, 2022. Upon completion of the Business Combination, Caravelle International Group, the combined company, will be a publicly traded entity. The combined company’s ordinary shares are expected to commence trading on the Nasdaq Capital Market under the symbol "CACO" on December 19, 2022.

Related tickers: PAFOU, PAFOR, PAFO.

Gainers Summit Therapeutics Inc. (NASDAQ: SMMT) shares surged 82.2% to $1.4299 after the company announced a definitive agreement of its partnership with Akeso to in-license its breakthrough bispecific antibody, ivonescimab. Pacifico Acquisition Corp. (NASDAQ: PAFO) gained 51.8% to $7.59. Vivint Smart Home, Inc. (NYSE: VVNT) shares jumped 32.4% to $11.90 after NRG Energy announced it will acquire the company for $12 per share in cash. Studio City International Holdings Limited (NYSE: MSC) gained 28.3% to $4.22. Studio City Intl, last month, posted a Q3 loss of $0.44 per share. Starry Group Holdings, Inc. (NYSE: STRY) shares climbed 23.2% to $0.1725 after dipping more than 20% on Monday. BioSig Technologies, Inc. (NASDAQ: BSGM) rose 23% to $0.5930 after jumping over 15% on Monday. BioSig Technologies, last month, posted a Q3 loss of $0.14 per share. Ra Medical Systems, Inc. (NYSE: RMED) gained 22% to $5.09. Signet Jewelers Limited (NYSE: SIG) surged 19.8% to $69.28 after the company reported better-than-expected Q3 results and issued FY23 guidance above estimates. SCWorx Corp. (NASDAQ: WORX) rose 17.2% to $0.78 after jumping over 18% on Monday. Graphex Group Limited (NYSE: GRFX) gained 15.7% to $1.25. Ballantyne Strong, Inc (NYSE: BTN) jumped 15.4% to $2.85. STRONG/MDI Screen Systems, Inc., a subsidiary of Ballantyne Strong, announced it has signed an exclusive three-year cinema screen supply agreement with Marcus Theatres. Astronics Corporation (NASDAQ: ATRO) shares gained 13.4% to $10.20. The company, last month, posted downbeat quarterly results. Soluna Holdings, Inc. (NASDAQ: SLNH) jumped 13.1% to $0.6503 after the company issued a corporate update. CSP Inc. (NASDAQ: CSPI) gained 13.1% to $9.46 following Q4 results. Powell Industries, Inc. (NASDAQ: POWL) jumped 12.7% to $30.44 after the company reported better-than-expected Q4 results. NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) rose 12.3% to $1.83. NeuroOne successfully completed its feasibility study with ...

Related tickers: BNGO, GTLB, WORX, MSC, WBEV, MRTX, BSGM, NIU, BTN, MYNZ, ACB, SXTC, ATRO, SLNH, BNED, GOSS, CAAS, STRY, VTGN, PLMR, CSPI, GRFX, COSM, VVNT, GIII, SHPH, STG, SUMO, PERF, CKPT, ANEB, POWL, BIVI, DBGI, TOPS, SNAP, LCID, HLF, RMED, AMAM, SIG, MTC, BTB, CGC, NMTC, FFIE, CPHI, SFIX, CYXT, MEIP, TMDI, PAFO, SMMT.