Business Wire

BitNile Holdings’ Subsidiary, TurnOnGreen, Acquired by Another Subsidiary, Imperalis Holding Corp., Creating a Separate, Publicly Traded EV Charging and Power Solutions Company

LAS VEGAS--(BUSINESS WIRE)--BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), announced a divestiture ...
Nasdaq

Scilex Holding Company, a majority-owned subsidiary of Sorrento Therapeutics, Inc. (Nasdaq: SRNE, "Sorrento"), and Vickers Vantage Corp. I Announce the Closing of their ...

PALO ALTO and NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Scilex Holding Company (Nasdaq: SCLX and SCLXW), a majority-owned subsidiary of Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”), an ...
Mothership.SG

Temasek: No relationship with alleged Cambodian scam ring or its subsidiaries

Singapore state investment company Temasek Holdings has issued a statement saying that it has no relationship with and is not involved in the alleged Cambodian scam ring linked to Prince Holding Group ...
Nasdaq

Scilex Holding Company, a majority-owned subsidiary of Sorrento Therapeutics, Inc., announces continuous sales growth in ZTlido® with preliminary gross sales of approximately ...

ZTlido 53% year-over-year preliminary unaudited gross sales in March 2022 Select payor accounts representing approximately 200 million of the over 300 million covered lives across the United States ...
TipRanks on MSN

Softcreate Holdings Announces Subsidiary Merger to Boost E-commerce

Softcreate Holdings Corp. ( ($JP:3371) ) has shared an announcement. Softcreate Holdings Corp. announced a merger between its subsidiaries, visumo ...
Business Wire

Ault Global Holdings’ Subsidiary, TurnOnGreen, Receives Safety Approval for Its EV700 Residential Electrical Vehicle Supply Equipment Product Line

LAS VEGAS--(BUSINESS WIRE)--Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that its green energy technology and power supply subsidiary, ...
The Motley Fool

What Is a Holding Company?

Holding companies own subsidiaries but don't produce goods or services themselves. They offer legal liability protection, better financing terms, and tax consolidation advantages. Disadvantages ...
Tax Guru

CSR applicability on Holding or Subsidiary and foreign company

CSR under the Companies Act, 2013 is determined on a standalone basis. Holding/subsidiary companies must independently meet financial criteria to ...
Law

Court Rules in Favor of Tellza Holdings in Parent-Company Subsidiary Battle

The court ruled that the sale of Tellza Holdings did not violate the Operating Agreement, MIPA, or Right of First Refusal (ROFR) "A parent company, in this case, Florida Tellza Inc., is not bound by ...
Seeking Alpha

Sears Holdings' Valuation Part Two: Credit Flows For Subsidiaries Inside A Permanently Embedded Capital Structure

Since the publication of Sears Holdings' Valuation: Between Berkshire Hathaway And Bankruptcy on June 18, the tremendous volume of insightful feedback from all of you who read the provisional SOTP ...
Seeking Alpha

Scilex Holding Company (Nasdaq: SCLX) Announces Its Majority-Owned Subsidiary, Semnur Pharmaceuticals, Inc. (“Semnur”), and Denali Capital Acquisition Corp. Have Entered ...

PALO ALTO, Calif., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Scilex Holding Company (SCLX), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain ...
Tax Guru

Share Premium Not Taxable: ITAT Rules Section 56(2)(viib) Not Applicable to Holding-Subsidiary Transactions

The ITAT struck down the Rs. 8.19 crore addition made by the AO under Section 56(2)(viib) by ignoring the assessee's share valuation based on the Net Asset Value (NAV) method. The decision affirms ...