Pulse 2.0

Bob Iger And Joshua Kushner Buy Los Angeles Lakers At $12.5 Billion Valuation

NVIDIA Partners With Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs And KKR To Mobilize Over $500 Billion For AI Infrastructure

Vals AI Raises $40 Million Series A At $400 Million Valuation As Revenue Grows 8x

Alex Cooper’s Unwell Reportedly Raises First Outside Funding At $500 Million Valuation From WTSL

1789 Capital Closes $1.2 Billion Debut Real Estate Fund Targeting More Than $8 Billion Of Sun Belt Development

Jasper-Kira Combination Creates Three-Asset Immunology Pipeline As $132 Million Financing Extends Runway Into H2 2028

By Amit Chowdhry ● Today at 5:46 PM

Jasper Therapeutics has completed its acquisition of Kira Pharmaceuticals, creating a combined clinical-stage immunology company with three major development programs and access to resources in both the United States and China, while a concurrent $132 million financing is expected to fund planned operations through the second half of 2028.

Canton Strategic Super Validator Weight Could Increase 30-Fold Through 2028 As Locking Service Generates $1.3 Million

By Amit Chowdhry ● Today at 5:42 PM

Canton Strategic Holdings could increase its active Super Validator weight as much as 30-fold through the first quarter of 2028 as the company scales its role within the Canton Network and begins generating meaningful operating revenue from a new Canton Coin locking service.

Lantern Pharma Says AI Cuts First-In-Human Drug Development Cost To $2 Million-$3 Million

By Amit Chowdhry ● Today at 5:42 PM

Lantern Pharma says its artificial intelligence-driven drug development model has enabled the company to advance new oncology programs from initial AI-derived insights to first-in-human clinical trials for approximately $2 million to $3 million per program, substantially below what management describes as typical industry development costs.

LanzaTech’s Operating Expenses Fall 67% As Adjusted EBITDA Loss Improves 74%

By Amit Chowdhry ● Today at 5:41 PM

LanzaTech reduced second-quarter operating expenses by 67% year over year as an extensive cost-reduction and organizational restructuring program helped the carbon management company narrow its adjusted EBITDA loss by about 74%.

Rein Therapeutics RENEW Trial Enrollment Runs Ahead Of Schedule As R&D And G&A Spending Decline

By Amit Chowdhry ● Today at 5:41 PM

Rein Therapeutics has surpassed 25% enrollment in its global Phase 2 RENEW trial of LTI-03 for idiopathic pulmonary fibrosis, with enrollment running ahead of schedule and interim clinical data still expected during the second half of 2026 as the company simultaneously reduces R&D and administrative spending.

StablecoinX Cross-Chain Infrastructure Surpasses $3 Billion Of Verified Volume As ENA Treasury Reaches $218.4 Million

By Amit Chowdhry ● Today at 5:39 PM

StablecoinX's cross-chain infrastructure has surpassed $3 billion in cumulative verified volume as the newly public stablecoin infrastructure company builds operating businesses around an ENA treasury representing approximately 20% of the token’s total supply.

Teamshares’ Portfolio Reaches $560 Million Of Pro Forma Revenue

By Amit Chowdhry ● Today at 5:37 PM

Teamshares' trailing-12-month pro forma revenue reached approximately $560 million at the end of the second quarter of 2026 as the newly public company continues building a diversified portfolio of small and midsized businesses through its programmatic acquisition strategy.

Sigma Lithium Plans To More Than Double Capacity To 830,000 Tons By 2028 As EBITDA Margin Reaches Record 47%

By Amit Chowdhry ● Today at 5:37 PM

Sigma Lithium plans to increase installed lithium oxide concentrate capacity to approximately 830,000 tons annually by the end of 2028, as record second-quarter profitability, lower production costs, and improving operating productivity support a multi-stage expansion of its Brazilian operations.

Suncrete Maintains Up To $480 Million Revenue Outlook Despite Wet Weather

By Amit Chowdhry ● Today at 5:35 PM

Suncrete maintained its fiscal 2026 revenue outlook of $420 million to $480 million as strong construction demand across the U.S. Sunbelt and contributions from recent acquisitions helped offset unusually wet weather during the second quarter.

Replimune Raises $150 Million To Fund TUDRIQEV Launch And Confirmatory Trial

By Amit Chowdhry ● Today at 5:34 PM

Replimune completed a $150 million financing as the biotechnology company prepares to commercially launch TUDRIQEV following FDA accelerated approval and continues the Phase 3 confirmatory trial required to support the treatment’s longer-term regulatory position.

Americas Gold And Silver Plans $45 Million To $60 Million Of Growth And Exploration Spending

By Amit Chowdhry ● Today at 5:33 PM

Americas Gold and Silver plans approximately $45 million to $60 million of combined growth and exploration capital during 2026 as the company increases production capacity at its Galena Complex and conducts what management describes as the largest drilling campaign in its history.

Sinda Sees Potential For More Than 800 Million Silver-Equivalent Ounces With Only 38% Of Known Veins Drilled

By Amit Chowdhry ● Today at 5:32 PM

Sinda says its existing mineral resources and conceptual exploration targets provide visibility to more than 800 million silver-equivalent ounces at its project in Mexico, even though drilling has covered only approximately 38% of known veins.

RLX Technology Gross Profit Jumps 47.8% As Gross Margin Expands 790 Basis Points

By Amit Chowdhry ● Today at 5:31 PM

RLX Technology's gross profit rose 47.8% year over year in the second quarter of 2026 as a more favorable revenue mix and supply-chain optimization helped the global e-vapor company expand gross margin by 790 basis points.

Super League’s Sales Pipeline Per Seller Jumps 57% To $2.8 Million

By Amit Chowdhry ● Today at 5:30 PM

Super League's weighted sales pipeline per seller for opportunities through the end of 2026 increased approximately 57% to $2.8 million as the audience intelligence and media activation company expands its commercial organization and integrates new advertising capabilities.

Data Storage’s Nexxis Gross Profit Rises About 22% On 9.3% Revenue Growth

By Amit Chowdhry ● Today at 5:30 PM

Data Storage Corporation's Nexxis business increased Q2 gross profit by about 22% year over year as revenue from continuing operations rose 9.3%, giving the company a recurring-revenue operating base as it pursues a broader technology acquisition strategy.

VerifyMe’s Gross Margin Expands 1,900 Basis Points Despite 58% Revenue Decline

By Amit Chowdhry ● Today at 5:29 PM

VerifyMe's gross margin rose 1,900 basis points to 54% in the second quarter of 2026, even as revenue fell 58%, reflecting shifting economics in the company’s logistics business as it transitions customers to a new strategic shipping partner and expands higher-value Premium services.

Upland Free Cash Flow Nearly Doubles To $5.3 Million Despite Revenue Decline

By Amit Chowdhry ● Today at 5:28 PM

Upland Software generated $5.3 million of free cash flow during the second quarter of 2026, nearly double the $2.7 million generated a year earlier, even as reported revenue declined following a series of business divestitures completed in 2025.

Allarity Completes Phase 3-Ready Stenoparib Manufacturing Ahead Of Schedule With No More API Cash Outlays Expected

By Amit Chowdhry ● Today at 5:27 PM

Allarity Therapeutics completed its Phase 3-ready manufacturing campaign for stenoparib ahead of schedule and says it does not currently anticipate additional cash outlays for active pharmaceutical ingredient manufacturing as the company prepares the cancer therapy for potential pivotal development.

Linklaters Adds César Rivière, Grant May, And Cara Day From Paul Weiss In New York As U.S. Revenue And Profit Surge

By Amit Chowdhry ● Today at 11:46 AM

Linklaters is continuing to expand its U.S. litigation and sports practices by adding César Rivière as a partner in New York, alongside Counsel Grant May and Associate Cara Day. All three lawyers join from Paul Weiss.

iFoodDS Sells Quality Insights To Foods Connected To Double Down On Trace Exchange

By Amit Chowdhry ● Today at 11:37 AM

iFoodDS is increasing its investment in Trace Exchange, its connected food traceability platform, as part of a strategic refocusing that includes the sale of its Quality Insights business to Foods Connected. Financial terms of the transaction were not disclosed.

Norton Rose Fulbright Adds Kate Jefferson In Sydney To Strengthen Asia-Pacific M&A And Life Sciences Practice

By Amit Chowdhry ● Today at 11:36 AM

Norton Rose Fulbright has appointed Kate Jefferson as a corporate partner in Sydney, strengthening its Asia-Pacific transactional practice with a lawyer who has more than 20 years of experience advising on complex cross-border M&A and capital markets transactions. Jefferson joins Norton Rose Fulbright from Baker McKenzie.

Mayer Brown Adds James Clarke In London To Expand Emerging Markets, Energy And Trade Finance Practice

By Amit Chowdhry ● Today at 11:36 AM

Dentons Link Legal Adds Arjun Nihal Singh As Competition Law Partner After 12 Years At Luthra And Luthra

By Amit Chowdhry ● Today at 11:35 AM

Dentons Link Legal has appointed Arjun Nihal Singh as a partner in its Competition Law Practice Group, adding an experienced antitrust lawyer as the firm expands its capabilities across competition law, merger control, and regulatory matters.

SWI Group And Brookfield Form $693.9 Million Multifamily JV With Up To $200 Million For New Acquisitions

By Amit Chowdhry ● Today at 10:30 AM

SWI Group has announced a strategic partnership with Brookfield Asset Management involving 13 properties from Varia US Properties’ U.S. multifamily portfolio through a newly created two-vehicle joint venture with an aggregate gross asset value of approximately $693.9 million.

Linklaters Brings Alun Evans Back To Singapore To Strengthen Asia M&A And Private Capital Practice

By Amit Chowdhry ● Today at 10:30 AM

Linklaters has appointed Alun Evans as a partner in its corporate practice in Singapore, bringing the veteran M&A lawyer back to the firm as it continues investing in high-end transactional capabilities across Asia. Evans is expected to rejoin Linklaters in August.

White & Case Adds Tarun Warriar In Hong Kong To Bolster Asia Restructuring And Special Situations Practice

By Amit Chowdhry ● Today at 10:29 AM

White & Case has appointed Tarun Warriar as a partner in Hong Kong, expanding its Global Financial Restructuring and Insolvency Practice and Global Private Capital Industry Group amid increasing demand for complex restructuring and special situations advice across Asia-Pacific.

Astara Capital Acquires Dynatec Systems To Scale Industrial Wastewater Treatment Amid Rising Water Scarcity

By Amit Chowdhry ● Today at 10:29 AM

Astara Capital Partners has acquired Dynatec Systems, adding a nearly five-decade-old industrial wastewater treatment business to its middle-market portfolio as demand increases for water reuse, treatment infrastructure and solutions for difficult industrial waste streams. Financial terms of the transaction were not disclosed.

SWI Group Puts More Than 80% Of Its Capital Into 4+ GW AI Infrastructure Platform

By Amit Chowdhry ● Today at 10:28 AM

SWI Group has accelerated a major strategic shift toward digital infrastructure, with more than 80% of its capital now allocated to a transatlantic portfolio exceeding 4 GW of power capacity and plans to push that allocation above 90% over time.

PTC Therapeutics Wins Auction For ST-920 Fabry Gene Therapy In Deal Worth Up To $211 Million

By Amit Chowdhry ● Today at 10:27 AM

PTC Therapeutics has been selected as the winning bidder to acquire Sangamo Therapeutics’ ST-920 Fabry disease gene therapy program in a bankruptcy auction for $111 million upfront and up to $100 million in additional regulatory milestone payments. The acquisition could have a total value of up to $211 million.

Virginia Retirement System Delivers 12.1% Return As Pension Fund Climbs To $135.2 Billion

By Amit Chowdhry ● Today at 10:26 AM

The Virginia Retirement System generated a 12.1% investment return, net of fees, during fiscal 2026, increasing the market value of its retirement trust fund to $135.2 billion as of June 30.