Archives

Latin Metals And Minsur Agree Lacsha Copper Option With Up To $42.62 Million In Potential Cash Payments

By Amit Chowdhry ● Aug 20, 2026

Latin Metals has entered into a letter of intent with Minsur covering a potential acquisition of its wholly owned Lacsha Copper Project in Peru, with the structure offering Latin Metals up to $42.62 million in aggregate cash payments if all option and royalty buyback provisions are exercised. The companies plan to work toward definitive agreements within 90 days.

General Fusion Enters Public Markets With $150 Million As LM26 Heats Plasma To 8.4 Million Degrees

By Amit Chowdhry ● Aug 20, 2026

General Fusion Group has provided its first business update as a public company after becoming the first publicly listed fusion company through its July 2026 Nasdaq listing.

Saratoga Investment Prices $85 Million 8% Notes Offering To Redeem 6% Notes Due 2027

By Amit Chowdhry ● Aug 20, 2026

Saratoga Investment Corp. has priced an underwritten public offering of $85 million in aggregate principal amount of 8% unsecured notes due 2031, with proceeds expected to help redeem the company's outstanding 6% notes due 2027.

Turnspire Capital Partners Acquires Hulcher Services, Adding 28 Rail Service Centers And 3,000+ Equipment Units

By Amit Chowdhry ● Aug 20, 2026

Turnspire Capital Partners has acquired Hulcher Services, a North American provider of rail infrastructure, maintenance, and field services with 28 service centers across the United States and Mexico.

JBS Proposes To Acquire Remaining 18% Of Pilgrim’s Pride In All-Stock Deal

By Amit Chowdhry ● Aug 20, 2026

JBS has submitted a non-binding proposal to acquire the approximately 18% of Pilgrim's Pride that it does not already own, potentially bringing the poultry producer fully under JBS ownership.

Glow Names Patti Degnan Chief Information Security Officer To Build Security, Privacy, And Customer Trust Functions

By Amit Chowdhry ● Aug 19, 2026

Glow has appointed Patti Degnan as Chief Information Security Officer as the recently emerged-from-stealth cybersecurity company builds out its leadership team and strengthens its own security posture alongside its endpoint security platform.

STB Restarts Union Pacific-Norfolk Southern Merger Review And Sets November 18 Comment Deadline

By Amit Chowdhry ● Aug 19, 2026

The Surface Transportation Board has restarted its review of the proposed Union Pacific and Norfolk Southern merger, removing the proceeding and its environmental review from abeyance and establishing a procedural schedule for evaluating the transaction. The agency emphasized that the decision is procedural and does not constitute a ruling on the merits of the merger application or on issues raised by commenters.

Quantizr Raises $5 Million In Seed Funding As AI Tour Finance Platform Quadruples Users In 9 Months

By Amit Chowdhry ● Aug 19, 2026

Quantizr has raised $5 million in seed financing to expand its AI-powered financial operations platform for the live entertainment industry as the company seeks to help artist teams manage tour budgets, expenses and settlements in real time. The round was led by TTV Capital, an early investor in Bill.com and Greenlight, with participation from music industry veterans Jonathan Azu, founder of Culture Collective; Chris Kappy, founder of Make Wake Artists; and Andy Levine, founder of Sixthman and Topeka.

Schwab: Client Assets Reach $13.04 Trillion As July Core Net New Assets Hit Record $58.1 Billion

By Amit Chowdhry ● Aug 19, 2026

The Charles Schwab Corporation reported $13.04 trillion in total client assets at the end of July 2026 as core net new assets reached $58.1 billion, a record for the month of July and a 24% increase from a year earlier.

TAG Invest Surpasses $2 Billion AUM After 60% Growth

By Amit Chowdhry ● Aug 19, 2026

TAG Advisors announced that TAG Invest, its in-house asset management platform, has surpassed $2 billion in assets under management after growing more than 60% in less than a year.

TPG Offers $468 Million To Acquire EQT Holdings At Nearly 42% Premium

By Amit Chowdhry ● Aug 19, 2026

TPG Global has submitted an indicative takeover proposal valuing Australia's EQT Holdings at approximately A$657.8 million ($468 million), sending the investment manager's shares to their strongest trading day in more than four decades, according to Reuters.

UCC Environmental Acquires Cast Steel Products To Expand Mining And Steel Performance Parts Platform

By Amit Chowdhry ● Aug 19, 2026

UCC Environmental has acquired Cast Steel Products, expanding its performance parts business across mining, steel and other heavy industrial markets. Financial terms of the transaction were not disclosed.

GoodVision Secures Seven-Figure Round2 Capital Investment As AI Traffic Platform Tops 120 Enterprise Customers In 50+ Countries

By Amit Chowdhry ● Aug 19, 2026

GoodVision has secured a seven-figure revenue-based investment from Round2 Capital to accelerate international expansion and commercial growth, with a particular focus on the U.S. market. The non-dilutive financing will help GoodVision scale an AI traffic intelligence platform that converts existing CCTV and IP cameras into real-time traffic sensors without requiring customers to replace installed camera infrastructure.

Stratos Onboards $400 Million Firm RPI Financial Life Planners

By Amit Chowdhry ● Aug 19, 2026

Stratos Wealth Enterprises has entered into a strategic partnership with RPI Financial Life Planners that is expected to add approximately $400 million in assets while expanding Stratos' presence across the Midwest.

Lemma Raises $2.3 Million Pre-Seed To Detect AI Agent Failures Before Users Find Them

By Amit Chowdhry ● Aug 19, 2026

Lemma has raised a $2.3 million pre-seed round to build monitoring technology designed to identify failures in AI agents before those problems reach end users. Co-founder Jerry Zhang announced the financing as AI agents increasingly take on longer-running workflows, multi-step processes and economically meaningful tasks that can have greater consequences when something goes wrong.

Shufti: Interview With CEO And Co-Founder Shahid Hanif About AI-Powered Identity Verification

By Amit Chowdhry ● Aug 19, 2026

Shufti is an AI-powered identity verification provider headquartered in London that offers a full compliance lifecycle platform spanning onboarding, authentication, and ongoing monitoring. The company serves more than 2,000 businesses across 240+ countries and territories and provides 17+ products covering areas including KYC, KYB, AML screening, biometrics, document verification, transaction monitoring, and digital identity. Pulse 2.0 interviewed Shufti CEO and Co-Founder Shahid Hanif to learn more.

Lochner Rebrands As Egis With 1,500+ U.S. Professionals Across 70 Offices Following 2025 Merger

By Amit Chowdhry ● Aug 19, 2026

H.W. Lochner has officially rebranded as Egis, completing another stage of integration following the companies’ 2025 merger and creating a unified U.S. infrastructure business with more than 1,500 professionals across 70 offices. The transition follows the merger completed on July 23, 2025.

Foundever Cuts Debt By Nearly $900 Million, Secures $225 Million Equity Infusion, And Names Interim CEO

By Amit Chowdhry ● Aug 19, 2026

Foundever has completed a broad recapitalization that reduces its debt by nearly $900 million, adds $225 million of common equity and extends major debt maturities as the customer experience company prepares to invest further in AI and long-term growth.

GA Group Names Joseph Malfitano President Of Retail, Merchant, And Industrial Solutions

By Amit Chowdhry ● Aug 19, 2026

Great American Holdings has appointed Joseph Malfitano as President and Head of GA Group’s Retail, Merchant and Industrial Solutions businesses, while longtime executive Scott Carpenter transitions into a Senior Advisor role.

Legends Global Names Aimee Carroll President Of Merchandise To Lead Worldwide Retail Platform

By Amit Chowdhry ● Aug 19, 2026

Legends Global has appointed Aimee Carroll as President of Merchandise, putting the retail and fashion industry veteran in charge of the company’s worldwide merchandising platform across sports, live entertainment and venues.

Fulcrum Therapeutics And Slate Medicines To Merge With $245 Million Financing And Estimated $270 Million Fulcrum Dividend

By Amit Chowdhry ● Aug 19, 2026

Fulcrum Therapeutics and Slate Medicines have entered into a definitive all-stock merger agreement that will create a Nasdaq-listed biotechnology company focused on next-generation migraine treatments and backed by an oversubscribed $245 million private placement. The combined company will operate as Slate Medicines and is expected to trade under the ticker SLTE.

Aptitude Medical Names Co-Founder JP Wang Co-CEO As Metrix Diagnostics Platform Enters Commercial Growth Phase

By Amit Chowdhry ● Aug 19, 2026

Aptitude Medical Systems has appointed co-founder JP Wang as Co-Chief Executive Officer, formalizing the shared leadership structure he already maintains with co-founder and Co-CEO Scott Ferguson as the molecular diagnostics company expands commercially.

Evolution Metals Targets 10,000 Metric Tons Of Rare Earth Magnet Production Before End Of 2026

By Amit Chowdhry ● Aug 19, 2026

Evolution Metals & Technologies is targeting an annualized production rate of approximately 10,000 metric tons of rare earth permanent magnets before the end of 2026, an aggressive scale-up intended to establish a commercial non-China supply source ahead of new U.S. defense sourcing restrictions.

Yalla Group: MAUs Rise 12.3% To 47.6 Million Despite Decline In Paying Users

By Amit Chowdhry ● Aug 19, 2026

Yalla Group's average monthly active users increased 12.3% to 47.6 million in Q2 2026 from 42.4 million, even as the number of paying users declined to 10.9 million from 11.2 million, widening the gap between audience growth and monetized-user growth across its Middle East and North Africa social and gaming ecosystem.

Rundoo Raises $30 Million Series B, Bringing Total Funding To $48 Million As AI Platform Reaches 500+ Supply Stores

By Amit Chowdhry ● Aug 19, 2026

Rundoo has raised $30 million in Series B financing led by Battery Ventures, bringing total funding to $48 million as the company scales its AI-first operating platform for independent supply stores across the U.S., Canada and the Caribbean. Existing investors Bessemer Venture Partners and CRV also participated in the round.

Pioneer Power Builds $200 Million PRYMUS Quote Pipeline With 80% Tied To Data Centers

By Amit Chowdhry ● Aug 19, 2026

Pioneer Power Solutions has built an active PRYMUS quote pipeline of approximately $200 million, with roughly 80% tied to data-center projects, only months after introducing the distributed prime-power platform.

BitFuFu: Hosting Revenue More Than Triples Even As Overall Quarterly Revenue Falls 63%

By Amit Chowdhry ● Aug 19, 2026

BitFuFu's Q2 2026 hosting and other revenue increased to $3.9 million from $1.1 million, more than tripling year over year even as total company revenue plunged 62.9% amid lower Bitcoin prices and a sharp contraction in cloud-mining activity.

Functional Brands: Gross Margin Jumps 710 Basis Points Despite Volatile Listing

By Amit Chowdhry ● Aug 19, 2026

Functional Brands expanded its Q2 2026 gross margin by approximately 710 basis points to 59.9%, even as the company lost its Nasdaq listing, saw its proposed BullionFX transaction terminated and continued to report substantial operating losses.

Rubico Builds Three-Vessel 2029 Tanker Expansion Pipeline While Preparing Megayacht Sale

By Amit Chowdhry ● Aug 19, 2026

Rubico is building a three-vessel expansion pipeline of 47,499-deadweight-ton MR tankers scheduled for delivery during 2029, while planning to divest a 60-meter megayacht under construction as the shipping company concentrates its capital on its core tanker business.

ENvue Medical: Revenue Jumps 275% As Hospital Adoption Offsets PainShield Production Shutdown

By Amit Chowdhry ● Aug 19, 2026

ENvue Medical's ENvue business generated approximately $184,000 of Q2 2026 revenue, up 275% from $49,000, as expansion of its installed hospital base and growing adoption of the ENvue Navigation Platform partially offset a major production interruption in the company's legacy PainShield and UroShield businesses.