April 20, 2024

Monday's Daily Pulse

What you need to know about Florida today

| 4/26/2021

› Prominent banker honored for influence in industry and community
Well-known area banker Rita Lowman has been named the Tampa Bay Chamber’s woman of influence for 2021. Lowman is now president of Tampa-based Pilot Bank and in her career has managed or been part of 22 acquisitions, including the Nations Bank, Barnett Bank deal in 1997. Last year she was named to the board of directors of the American Bankers Association and is serving as vice chairwoman of the ABA’s Government Relations Council. She’ll take over as chairwoman in 2022, according to a statement.

› Ponte Vedra-based Treace Medical Concepts upsizes IPO
Treace Medical Concepts Inc. upsized its initial public offering as its stock was priced April 22, with existing investors selling more shares. The Ponte Vedra-based company, which makes devices for bunion surgery, said it is selling 11.25 million shares at $17 each. The offering consists of 6.25 million new shares and 5 million shares sold by existing stockholders. Its previous registration statement said existing stockholders would sell 3.125 million shares.

› Florida may loosen ban on killing goliath grouper, a giant fish with a fan club
A 600-pound fish that has become an unlikely South Florida tourist attraction may soon have a target on its back. Goliath groupers gather around the sunken freighters, drug-smuggling ships and other vessels that form artificial reefs off the coast, where legions of divers photograph these fish that display unusual curiosity about their human visitors.

› Pentagon mystery with a Florida connection is solved. Sort of.
A very strange thing happened on the internet the day President Joe Biden was sworn in. A shadowy company residing at a shared workspace above a Florida bank announced to the world’s computer networks that it was now managing a colossal, previously idle chunk of the internet owned by the U.S. Department of Defense. That real estate has since more than quadrupled to 175 million addresses — about 1/25th the size of the current internet.

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