Its goal is to reduce the number of these units to between 30 and 40 by the end of next year from more than 120 in 2023, when it began the effort, the people said.

Mach will also grant the underwriters an option to purchase up to an additional 1,178,010 common units at the public offering price, less underwriting discounts and commissions.

The Army plans to close one police brigade, four battalions and several other law enforcement-focused units. By next year, the service will have just over half the number of many military police ...

Two special NYPD units formed at the start of the Adams administration to counter gun crime continue to make illegal stops of New Yorkers at a rate far above that of regular patrol cops, a new ...

The Mustang Mach-E, which went on sale last year, sold 24,791 units as of November. Sales in November were up 8.4 percent compared to October.

But similar units are still operating across the U.S. Specialized police units are often created after a spike in crime, as officials come under pressure to do something about it.

Mach’s common units trade on the New York Stock Exchange under the ticker symbol “MNR.” The Offering is expected to close on February 7, 2025, subject to customary closing conditions.