Archives

Brinqa Acquires PlexTrac, Creating 3,000+ Customer Exposure Management Platform Used By 25%+ Of Fortune 500

By Amit Chowdhry ● Aug 19, 2026

Brinqa has acquired PlexTrac, adding offensive security validation, workflow and reporting capabilities to its exposure management platform and creating what the company describes as the largest standalone vendor in Unified Exposure Management. Financial terms of the transaction were not disclosed.

Brookwood Investment Group Tops $1.5 Billion AUM, Names 4 Executives, And Launches Intelligence Platform

By Amit Chowdhry ● Aug 19, 2026

Brookwood Investment Group has expanded its executive leadership team and begun rolling out the Brookwood Intelligence Platform as the independent RIA builds additional institutional infrastructure around a business that has more than tripled assets under management since 2024. Brookwood has grown from approximately $515 million in AUM to more than $1.5 billion while expanding its advisor community to serve clients nationwide.

Relativity Networks Raises $22 Million And Lands $40 Million Hyperscaler Order For 47%-Faster AI Fiber

By Amit Chowdhry ● Aug 19, 2026

Relativity Networks has raised $22 million through a SAFE financing and secured a $40 million follow-on order from a major hyperscaler as the company scales its ChronoCore hollow-core fiber technology for geographically distributed AI infrastructure.

DocGo Raises SteadyMD Earnout Liability To $5 Million From $2.3 Million As Telehealth Revenue Outlook Improves

By Amit Chowdhry ● Aug 19, 2026

DocGo increased the estimated contingent consideration liability associated with its SteadyMD acquisition to $5 million from $2.3 million, recording a $2.7 million first-half fair-value loss because the company now expects stronger revenue performance from the acquired telehealth business.

Clifford Chance Adds Matthew Jones In Houston As Fourth Partner Hire Since May

By Amit Chowdhry ● Aug 19, 2026

Clifford Chance has appointed Matthew Jones as a partner in its Debt Finance practice in Houston, strengthening the global law firm’s leveraged and infrastructure finance capabilities across energy and other capital-intensive industries. Jones advises public and private borrowers, private equity sponsors and lenders on complex financing transactions.

Orrick Adds Steven Lozner From In New York As Structured Finance Team More Than Doubles To 102 Lawyers

By Amit Chowdhry ● Aug 19, 2026

Orrick has added Steven “Steve” Lozner as a partner in its Structured Finance team in New York, continuing a significant expansion that has more than doubled the group’s size over the past 10 months. Lozner joins Orrick from DLA Piper and will focus on collateralized loan obligations and related leveraged loan warehouse facilities.

OS Therapies Secures Up To $10 Million Debt Financing Against U.K. Tax Refunds And R&D Credits

By Amit Chowdhry ● Aug 19, 2026

OS Therapies secured up to $10 million of debt financing backed by expected U.K. VAT refunds and reimbursable R&D tax credits, including $5 million funded at an August 10 first closing, creating an unusual financing structure that converts expected recoveries from development spending into near-term liquidity.

AI Financial’s 7.28 Billion WLFI Tokens Fall To $421.3 Million, More Than $1 Billion Below Cost Basis

By Amit Chowdhry ● Aug 19, 2026

AI Financial Corporation's 7.28 billion WLFI tokens carried a fair value of $421.3 million at June 27, 2026, compared with a $1.457 billion cost basis, leaving the World Liberty Financial token position approximately $1.04 billion below its original cost.

Nasus Pharma Targets Q4 Pivotal Study For Intranasal Epinephrine In $2 Billion Market, With Topline Data Expected Q1 2027

By Amit Chowdhry ● Aug 19, 2026

Nasus Pharma plans to begin a pivotal clinical study of its NS002 intranasal epinephrine powder in Q4 2026, with topline data expected in Q1 2027, positioning the company for a major clinical catalyst in an anaphylaxis market it estimates at approximately $2 billion and currently dominated by injectable products.

C Street Adds Deneese Walia Levin From Kirkland & Ellis To Expand Law Firm Optimization Practice

By Amit Chowdhry ● Aug 19, 2026

C Street Advisory Group has appointed Deneese Walia Levin as Managing Director of Law Firm Optimization, bringing more than two decades of legal and operational experience from Kirkland & Ellis as law firms increasingly face questions about AI, technology, talent, governance, and strategic positioning.

InspireMD Targets $9 Million Of Annual Cost Savings As CGuard TCAR Study Reports 100% Acute Device Success

By Amit Chowdhry ● Aug 19, 2026

InspireMD initiated cost-reduction actions expected to generate approximately $9 million of annual savings as it prepares for an anticipated U.S. CGuard platform relaunch, while its CGUARDIANS II study reported 100% acute device success across all 50 patients evaluated with the CGuard Prime 80 cm implant in TCAR procedures.

NexMetals Mining: Selkirk CuEq Inventory Rises About 70% As Strip Ratio Falls To 1.02:1

By Amit Chowdhry ● Aug 19, 2026

NexMetals Mining increased the contained copper-equivalent metal inventory at its Selkirk project in Botswana by approximately 70%, while reducing the conceptual open-pit strip ratio to 1.02:1 from 1.65:1, combining a significantly larger resource base with potentially less waste movement per tonne of mineralized material.

SOL Strategies’ HoudiniSwap Generates CAD$1.2 Million Revenue And More Than 60% EBITDA Margin In First Month

By Amit Chowdhry ● Aug 19, 2026

SOL Strategies reported approximately CAD$1.2 million of swap-aggregator fee revenue from HoudiniSwap during just one month of operations in fiscal Q3 2026, giving the company its first reported financial contribution from the privacy and cross-chain execution business acquired during the quarter.

Terra Innovatum Targets Up To 8 MWe Of SOLO Nuclear Capacity For Data Centers In Argentina And Brazil

By Amit Chowdhry ● Aug 19, 2026

Terra Innovatum Global advanced an initial commercial pathway for up to 8 MWe of behind-the-meter SOLO micro-modular nuclear capacity supporting data-center facilities in Argentina and Brazil, providing one of the first quantified commercial deployment opportunities disclosed for its reactor platform.

Empire Petroleum Revenue Rises 27% Despite 23% Production Decline As Adjusted EBITDA Turns Positive

By Amit Chowdhry ● Aug 19, 2026

Empire Petroleum increased Q2 2026 product revenue 27% to $11.1 million despite a 23% decline in net equivalent sales volumes, while adjusted EBITDA improved to positive $365,000 from a loss of $1.18 million a year earlier.

AMC Robotics: Recurring AI And Cloud Revenue Rises 54% As Company Moves Away From Inventory-Heavy Sales

By Amit Chowdhry ● Aug 19, 2026

AMC Robotics reported 54% year-over-year growth in recurring AI and cloud revenue-sharing revenue during Q2 2026 as the company deliberately reduced lower-margin, inventory-intensive product sales in favor of AI, cloud and service-based revenue.

Cloudastructure: Subscribing Properties Jump 140% As Gross Profit Rises 53% And Operating Loss Widens

By Amit Chowdhry ● Aug 19, 2026

Cloudastructure increased the number of subscribing properties by 140% year over year in Q2 2026, while quarterly revenue increased just 14% to $1.23 million. Gross profit rose approximately 53% to $610,000, although higher sales, marketing and operating spending caused its operating loss to widen.

NRx Starts Manufacturing 5 Million Ketamine Launch Doses Before FDA Approval Decision

By Amit Chowdhry ● Aug 19, 2026

NRx Pharmaceuticals has begun commercial-scale manufacturing of 5 million doses of preservative-free ketamine for potential commercialization in 2026, putting launch inventory into production while its abbreviated new drug application remains under FDA review.

Duos Announces More Than $611 Million Of AI Data Center Contracts Tied To 65 MW Of Capacity

By Amit Chowdhry ● Aug 19, 2026

Duos Technologies has announced AI and data-center agreements representing more than $611 million of contracted value tied to 65 MW of capacity, dramatically increasing the scale of the company’s commercial commitments as it completes its transformation into an AI infrastructure provider.

Flexsteel Records 11th Consecutive Quarter Of Sales Growth Even As Q4 Revenue Rises 0.7%

By Amit Chowdhry ● Aug 19, 2026

Flexsteel Industries recorded its 11th consecutive quarter of year-over-year sales growth in fiscal Q4 2026 even though quarterly net sales increased just 0.7%, illustrating the furniture company’s ability to keep its growth streak intact amid continued weakness in consumer furniture demand.

SINOVAC: Overseas Revenue Jumps 82% To $66.5 Million And Reaches 45% Of Total Sales

By Amit Chowdhry ● Aug 19, 2026

SINOVAC’s overseas revenue rose 82.3% to $66.5 million in the first half of 2026 and reached about 45.2% of total sales, making international markets the primary driver of the vaccine maker’s revenue growth as demand for some products remained pressured in mainland China.

DeepCyte Launches 300,000-Cell AI Toxicity Atlas As Pharma Pilots Advance With 3 Top-20 Drugmakers

By Amit Chowdhry ● Aug 19, 2026

DeepCyte has launched DeeTox Atlas, a proprietary single-cell metabolomic reference atlas designed to help pharmaceutical companies predict drug toxicity mechanisms earlier in the discovery process. The company said the platform is the world's first single-cell metabolomic reference atlas focused on drug toxicity mechanisms.

FORT Robotics To Go Public At $556.6 Million Enterprise Value With About $201 Million In Expected Proceeds

By Amit Chowdhry ● Aug 18, 2026

FORT Robotics has agreed to go public through a business combination with Newbury Street II Acquisition Corp., valuing the combined physical AI safety company at an implied pro forma enterprise value of $556.6 million.

TIC Solutions Completes 3 Acquisitions Adding Approximately $90 Million In Annualized Revenue

By Amit Chowdhry ● Aug 18, 2026

TIC Solutions has completed three strategic acquisitions that collectively contribute approximately $90 million in annualized revenue, expanding the company’s technical capabilities and geographic footprint across North America and Europe.

Talica Acquires Hard Anodize To Expand Aerospace, Defense And Medical Device Surface Technologies

By Amit Chowdhry ● Aug 18, 2026

Talica has acquired Hard Anodize, a Minneapolis-area provider of precision aluminum anodizing and specialized surface treatments for aerospace, defense, medical device and other high-performance manufacturing markets. Financial terms were not disclosed.

JK Technology Services Acquires 360 Rigging As Data Center Business Grows Triple Digits

By Amit Chowdhry ● Aug 18, 2026

JK Technology Services has acquired 360 Rigging, expanding its crane and rigging capabilities as the company builds a broader end-to-end platform supporting data center deployments and other technology infrastructure projects.

Ecopetrol Completes $1.2 Billion Acquisition Of 51% Stake In Brava Energia

By Amit Chowdhry ● Aug 18, 2026

Ecopetrol has completed the acquisition of approximately 51% of Brava Energia’s outstanding voting shares for approximately $1.2 billion, significantly expanding its oil and gas production and reserves base in Brazil.

LEO Pharma To Acquire Worldwide Dersimelagon Rights From Tanabe Pharma For Up To $435 Million

By Amit Chowdhry ● Aug 18, 2026

LEO Pharma has agreed to acquire worldwide rights to dersimelagon from Tanabe Pharma for up to $435 million in upfront and near-term milestone payments, adding a late-stage oral rare dermatology candidate to its pipeline. The agreement also provides Tanabe Pharma with potential downstream milestone payments and tiered royalties on net sales.

Fenway Sports Group To Sell Minority Liverpool FC Stake To Amit Bhatia-Led 1892 Holdings

By Amit Chowdhry ● Aug 18, 2026

Fenway Sports Group has entered into a definitive agreement to sell a minority equity stake in Liverpool Football Club to 1892 Holdings, a consortium led and managed by Amit Bhatia. Financial terms and the size of the minority stake were not disclosed.

Uptiq Adds Gagan Kanjlia, Amit Parmar And Marc Billanti As AI Banking Platform Passes $10 Billion In Loan Balances

By Amit Chowdhry ● Aug 18, 2026

Uptiq has expanded its U.S. banking leadership team with three senior appointments as the AI platform moves to support financial institutions deploying AI agents beyond pilots and into production.