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Banking & Finance / Health Care / Investments

West Memphis Company Raises $4M in Private Equity PlacementLock Icon

GLWM Medicinal Investment Co. LLC in West Memphis raised $3.93M through private equity. Tied to Greenlight Dispensary, it likely focuses on medical marijuana. read more >
U.S. Rep. French Hill
Banking & Finance / Business Services / Government & Politics

French Hill Talks Blockchain Legislation on Two Podcasts

Looking ahead to the 2024 elections, Hill said a Republican administration will “lean more favorably” toward the industry, but that regardless of the outcome, crypto will move forward. read more >
Banking & Finance / Industry / Investments

Tempus Realty Partners Raises $20M Equity for Industrial Property DealsLock Icon

The properties are in North Charleston, South Carolina; Knoxville, Tennessee; and Lafayette, Indiana. read more >
Energy / Industry / Manufacturing

Canoo Drops Arkansas From Operations List

A research and development hub in Fayetteville never got past planning and the company “never pulled the trigger” on its plans to move to Bentonville, a company official said. read more >
Energy / Industry / Manufacturing

Canoo Warehouse in Bentonville Available for SubleaseLock Icon

Electric vehicle manufacturer Canoo Technologies may not be moving to Arkansas, but it has a vast new warehouse to sublease in Bentonville. read more >
Banking & Finance / Industry / Insurance

Dillard’s Proxy Statement Reveals Executive DealsLock Icon

In its latest proxy on April 5, the Little Rock department store chain reported that in Dillard’s fiscal 2023, Stephens Insurance LLC of Little Rock received about $1.4 million in commissions related to the sale of voluntary insurance products to Dillard’s workers. read more >
Industry / Investments / Public Companies

Merger in the Making? ArcBest Proposal Fuels Buzz

One of the proposals scheduled for a shareholders vote on April 26 was a change in the voting threshold for matters including the sale or merger of the company. read more >
Investments

US Charges 8 in Social Media ‘Pump-And-Dump’ Stock Scheme

The Justice Department said the defendants showcased their "extravagant lifestyles" to fool others into thinking they were skilled stock traders. read more >
Business Services / Small Business

Texarkana Tech Company Raising Nearly $3M for Online Training ServiceLock Icon

Vertical Main Street Partners LP has already raised $685,000, with $2.1 million to go for marketing and the hiring of independent contractors. read more >
Dan Roda, co-founder and CEO of Abaca in North Little Rock.
Agriculture & Poultry / Banking & Finance / Business Services

Abaca Lands $1.35M InvestmentLock Icon

The company will use the money to “keep fueling our national expansion,” said CEO Dan Roda. read more >
Dillard’s headquarters at 1600 Cantrell Road in Little Rock. 

Stephens Draws Insurance Commission from Dillard’sLock Icon

Dillard’s annual proxy statement provides financial details about some transactions it has with executive officers, directors and others, according to U.S. Securities & Exchange Commission rules. read more >
Agriculture & Poultry / Investments

Infinite Enzymes Raises $5.2MLock Icon

The Jonesboro biotechnology company's SEC report says it has 39 investors. read more >
Agriculture & Poultry / Banking & Finance / Energy

Investments List Includes Banks, Tech, Farming

With $30.1 million raised, Tempus USF LLC of Little Rock tops Arkansas Business’ list of the largest private investment offerings ranked by total investment amount sold. read more >
Vickie Judy, the chief financial officer of America’s Car-Mart Inc. in Rogers, previously worked as an independent auditor.
Business Services / Legal / Public Companies

Auditors Reap Praise From Both Sides of the Fence

For publicly traded companies, an independent auditor can be a valuable resource as a fresh set of eyes on the company’s financials. read more >
Rush Harding in the downtown Little Rock office of Crews & Associates.
Banking & Finance / Business Services / Investments

Rush Harding Cruises to Bank OZKLock Icon

Rush Harding, a name long synonymous with the Crews & Associates bond brokerage in Little Rock that is owned by First Security Bancorp of Searcy, is now working for Bank OZK. read more >
Stephens Inc. and Stephens Investment Management Group, both based in the Stephens Building in Little Rock, were both ranked in the Top 5 of Arkansas Business' Largest Money Managers list.
Banking & Finance / Business Services / Insurance

RIA That Lost Client Falls as Others Rise

The pandemic years have been good for registered investment advisors, with most of the top RIAs based in Arkansas posting increased assets under management since Arkansas Business’ last list of money managers appeared a year ago. read more >
The U.S. Securities & Exchange Commission building in Washington, D.C.
Banking & Finance / Business Services / Government & Politics

SEC Penalizes Crews, Former CEO Harding for Conflict in Bond Deal

The U.S. Securities & Exchange Commission assesses a penalty against Crews & Associates of Little Rock and its former CEO, Rush F. Harding III, for "unfair dealing" in a West Virginia municipal bond tender offer. read more >
Agriculture & Poultry / Investments / Real Estate

AcreTrader Raises $10.3MLock Icon

Farmland investing platform AcreTrader of Fayetteville has recently raised $10.3 million, according to filings this month with the U.S. Securities & Exchange Commission. read more >
Westrock Coffee
Agriculture & Poultry / Banking & Finance / Business Services

Top Private Offerings in Arkansas Range From Coffee to Farms

With $561.7 million raised, Westrock Coffee Holdings LLC of Little Rock tops Arkansas Business’ inaugural list of the largest private investment offerings ranked by total investment amount sold. read more >
Banking & Finance / Education / Government & Politics

One More Thing to Worry About (Gwen Moritz Editor’s Note)

As parents, we all want to equip our children with the emotional tools to deal constructively with stressful situations, but who among us would have thought that a college student could be holding in his hand inescapable proof that he accidentally owed three-quarters of a million dollars? read more >