Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	12/31/2024	American Savings Bank	Financing	Majority Stake Sale		Image Image	Financial Services, Depositories	Piper Sandler served as financial advisor to Hawaiian Electric Industries in connection to the completed sale of 90.1% of the common stock of American Investors to Independent Investors	Majority Stake Sale	Sole Placement Agent
Published	12/31/2024	Incora	Restructuring	Chapter 11 Reorganization		Image	Services & Industrials, Distribution	Piper Sandler served as advisor to the UCC in the company’s $3.2B chapter 11	Chapter 11 Reorganization Creditor Advisor	Financial Advisor
Published	12/31/2024	Skyknight Capital	Mergers & Acquisitions	Buy-Side		Image Image Image	Financial Services, Insurance	Piper Sandler served as buy-side advisor to SkyKnight Capital and Dragoneer Investment Group in majority investment in Simplicity Group	Skyknight Capital and Dragoneer Investment Group have acquired a majority investment in Simplicity Group	Financial Advisor
Published	12/31/2024	Delaget	Mergers & Acquisitions	Sell-Side		Image Image Image Image	Technology, Software	Piper Sandler served as sell-side advisor for Delaget, a portfolio company of Border Foods and Northern Pacific Group, in acquisition to PAR Technology Corporation	Delaget, a portfolio company of Border Foods and Northern Pacific Group has been acquired by PAR Technology Corporation	Financial Advisor
Published	12/30/2024	Kivu Consulting	Mergers & Acquisitions	Sell-Side		Image Image Image Image	Technology, Security	Piper Sandler served as sell-side advisor for Kivu Consulting, a portfolio company of Bow River Capital, on its sale to Quorum Cyber, a portfolio company of Charlesbank Capital Partners	Kivu Consulting, a portfolio company of Bow River Capital, has been acquired by Quorum Cyber, a portfolio company of Charlesbank Capital Partners	Financial Advisor
Published	12/27/2024	Personalis, Inc	Equity Capital Markets	At the Market Offering	$50.0 Million	Image	Healthcare, Life Sciences Tools & Diagnostics	Piper Sandler served as placement agent for Personalis on an ATM offering	ATM	Sole Placement Agent
Published	12/27/2024	Rotating Machinery Services, Inc.	Mergers & Acquisitions	Sell-Side		Image Image Image	Energy, Power & Infrastructure, Energy & Power Infrastructure, Energy & Power Services & Equipment, Services & Industrials, Industrial Services	Piper Sandler served as sell-side advisor for Rotating Machinery Services, a portfolio company of Cortec Group, in acquisition to Arcline Investment Management	Rotating Machinery Services, a portfolio company of Cortec Group, has been acquired by Arcline Investment Management	Financial Advisor
Published	12/24/2024	AppView X	Mergers & Acquisitions	Sell-Side		Image Image	Technology, Security	Piper Sandler served as sell-side advisor for AppViewX on acquisition to Haveli	AppViewX has been acquired by Haveli	Financial Advisor
Published	12/20/2024	Monopar Therapeutics	Equity Capital Markets	Registered Direct	$40.0 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Monopar Therapeutics Inc. on its RD and PIPE offering	Underwritten Registered Direct and PIPE	Active Bookrunner
Published	12/20/2024	CORE Manticore Fuels	Financing, Debt Capital Markets	Senior Term Loan		Image	Energy, Power & Infrastructure, Energy & Power Infrastructure, Energy & Power Services & Equipment	Piper Sandler served as sole debt placement agent to Permian Global (CORE).	Senior Secured Term Loan & Delayed Draw Term Loan	Sole Placement Agent
Published	12/20/2024	VTX Energy Partners	Mergers & Acquisitions	Division Carve Out	$245.0 Million	Image Image	Energy, Power & Infrastructure, Energy & Power Infrastructure	Piper Sandler served as financial advisor for VTX Energy Partners, a portfolio company of Vitol Inc, on the sale of its Southern Delaware Basin surface acreage to LandBridge	VTX Energy Partners has sold its Southern Delaware Basin surface acreage to LandBridge	Financial Advisor
Published	12/18/2024	Valiant Solutions	Mergers & Acquisitions	Sell-Side		Image Image	Technology, Defense & Government	Piper Sandler served as financial advisor for Valiant Solutions on its strategic investment from Bluestone Investment Partners	Valiant Solutions has received a strategic investment from Bluestone Investment Partners	Financial Advisor
Published	12/17/2024	Norwood Financial Corp.	Equity Capital Markets	CMFO	$26.0 Million	Image	Financial Services, Depositories	Piper Sandler served as bookrunner for Norwood Financial Corp. on its CMFO	Common Stock Offering	Lead Bookrunner
Published	12/12/2024	M1 Bancshares, Inc.	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Notes	$20.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for M1 Bancshares, Inc on its subordinated notes offering	Subordinated Notes	Sole Placement Agent
Published	12/12/2024	Flushing Financial Corp	Equity Capital Markets	Follow-On Offering	$70.0 Million	Image	Financial Services, Depositories	Piper Sandler served as bookrunner for Flushing Financial Corporation on its CMFO	Common Stock Offering	Active Bookrunner
Published	12/11/2024	Financial Institutions, Inc.	Equity Capital Markets	CMFO		Image	Financial Services, Depositories	Piper Sandler served as co-manager for Financial Institutions, Inc. on its CMFO	Confidentially Marketed Follow-On Offering	Co-Manager
Published	12/11/2024	Cybersixgill	Mergers & Acquisitions	Sell-Side		Image Image	Technology, Security	Piper Sandler served as sell-side advisor for Cybersixgill in acquisition to Bitsight	Cybersixgill has been acquired by Bitsight	Financial Advisor
Published	12/11/2024	ServiceTitan, Inc.	Equity Capital Markets	IPO		Image	Technology, Software	Piper Sandler served as bookrunner for ServiceTitan, Inc. on its IPO	Initial Public Offering	Passive Bookrunner
Published	12/10/2024	Solaris Energy Infrastructure, Inc.	Equity Capital Markets	Follow-On Offering		Image	Energy, Power & Infrastructure, Energy & Power Infrastructure, Energy & Power Services & Equipment	Piper Sandler served as bookrunner for Solaris Energy Infrastructure, Inc. on its CMFO	Follow-On Offering	Passive Bookrunner
Published	12/10/2024	ImmunityBio	Equity Capital Markets	CMFO	$100.0 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for ImmunityBio, Inc. on its CMFO	Confidentially Marketed Follow-on Offering	Active Bookrunner