Archives

C3is: Adjusted Net Income Jumps 791% As Daily TCE Rises 145% And Adjusted EBITDA Surges 321%

By Amit Chowdhry ● Aug 31, 2026

C3is delivered sharply higher second-quarter 2026 earnings as stronger tanker and dry-bulk charter rates, fleet expansion, and dramatically higher Time Charter Equivalent rates drove substantial growth in revenue, adjusted EBITDA, and net income.

GameStop To Pay $358.4 Million Cash In Amended $1.4 Billion Convertible Notes Exchange

By Amit Chowdhry ● Aug 31, 2026

GameStop has amended its previously announced exchange agreements covering approximately $1.4 billion of convertible senior notes, replacing a portion of the transaction's planned stock consideration with approximately $358.4 million of cash.

Pearl Diver Credit Swings To $8.5 Million Profit As NAV Per Share Rises 6.4% And CLO Values Recover

By Amit Chowdhry ● Aug 31, 2026

Pearl Diver Credit Company reported a significant second-quarter 2026 recovery as improving collateralized loan obligation markets drove higher portfolio valuations, increased net asset value and a swing from a substantial quarterly loss to profit.

S-Transistors Raises €2.6 Million Pre-Seed Led By Lifeline Ventures To Build Quantum Motherboards

By Amit Chowdhry ● Aug 31, 2026

S-Transistors has raised €2.6 million in pre-seed funding to develop superconducting transistor-based integrated circuits that address a key scaling challenge facing cryogenic quantum computers.

EQT Completes $3.2 Billion Coller Capital Combination As AUM Reaches €341 Billion

By Amit Chowdhry ● Aug 31, 2026

EQT has completed its combination with Coller Capital in a transaction carrying $3.2 billion of base consideration, establishing Coller EQT as a new secondaries business within the global private markets investment platform.

Lilly To Acquire Merida Biosciences For Up To $2.875 Billion To Expand Precision Autoimmune And Allergy Pipeline

By Amit Chowdhry ● Aug 31, 2026

Eli Lilly and Company has agreed to acquire Merida Biosciences for up to $2.875 billion in cash, adding a precision immunology platform designed to selectively eliminate disease-causing antibodies across autoimmune and allergic conditions.

IRG Acquires 422,727-Square-Foot St. Paul Distribution Facility With 36 Dock Doors And Rail Spur

By Amit Chowdhry ● Aug 31, 2026

Industrial Realty Group has acquired a 422,727-square-foot industrial distribution facility in South St. Paul, Minnesota, expanding its Twin Cities portfolio with a rail-served cross-dock property.

Agnico Eagle’s Avenir Invests C$1 Million In Canada Nickel, Holding 11.52% On Partially Diluted Basis

By Amit Chowdhry ● Aug 31, 2026

Agnico Eagle Mines subsidiary Avenir Minerals has invested approximately C$1 million in Canada Nickel Company through the mining developer's non-brokered private placement.

Westbridge To Sell Red Willow Solar-Plus-Storage Project For Up To C$26.725 Million

By Amit Chowdhry ● Aug 31, 2026

Westbridge Renewable Energy has signed a definitive agreement to sell its Red Willow solar-plus-storage project in Alberta in a transaction that could generate total receivables of C$26.725 million if all contractual conditions and milestones are achieved.

Quoin Pharmaceuticals Raises Up To $50 Million As Financing Could Extend Runway Into Second Half Of 2029

By Amit Chowdhry ● Aug 31, 2026

Quoin Pharmaceuticals has entered into a private placement financing of up to approximately $50 million as the late-stage clinical biotechnology company advances QRX003 for Netherton Syndrome and other rare disease programs.

Sumitomo And G Mining Invest C$48 Million In Tintina For 25% Stake And Dos Amigos Copper-Gold Exposure

By Amit Chowdhry ● Aug 31, 2026

A special purpose vehicle jointly funded by Sumitomo Corporation and G Mining Group has invested approximately C$48 million in Tintina Mines, giving the partners exposure to the Dos Amigos copper-gold project in Chile's Atacama Region.

Hafnia: Net Profit Nearly Quadruples To $277.8 Million As TCE Earnings Jump 61% And Dividend Payout Hits 90%

By Amit Chowdhry ● Aug 31, 2026

Hafnia reported its strongest quarterly result since the third quarter of 2022 as elevated product-tanker rates drove a sharp increase in earnings, strengthened the balance sheet, and allowed the company to move to the highest payout threshold under its dividend policy.

MINISO: Revenue Jumps 22% As China Growth Hits Three-Year High And North America Rises 37%

By Amit Chowdhry ● Aug 31, 2026

MINISO Group reported strong first-half 2026 growth across its domestic and international operations, with group revenue increasing more than 22%, Chinese mainland growth reaching a three-year high and North American revenue expanding 37%.

Chagee: Operating Income Jumps 388% As Overseas GMV More Than Doubles

By Amit Chowdhry ● Aug 31, 2026

Chagee reported a dramatic improvement in GAAP profitability during the second quarter of 2026 as operating expenses declined, company-owned teahouse revenue tripled and international expansion pushed overseas gross merchandise value up more than 100%.

Jiayin: Cash Balance Jumps More Than Eightfold To $74.3 Million As Company Pivots Toward AI, Overseas Markets And Efficiency

By Amit Chowdhry ● Aug 31, 2026

Jiayin Group's second-quarter 2026 results reflected a major contraction in its core Chinese loan-facilitation operation, but the company entered its strategic transition with a significantly larger cash balance and a stated plan to expand beyond pure loan facilitation into technology, AI and overseas businesses.

iBio Advances IBIO-600 Through First Phase 1 Dose Escalation As Cash And Investments Reach $88 Million

By Amit Chowdhry ● Aug 31, 2026

iBio reached an important clinical milestone during fiscal 2026 as its lead obesity and cardiometabolic program IBIO-600 advanced through the single-ascending-dose portion of its first-in-human Phase 1 trial.

Nano Labs Builds 70,000 BNB Reserve And Launches AI Agent PC As It Expands AI-Web3 Strategy

By Amit Chowdhry ● Aug 31, 2026

Nano Labs is increasingly repositioning itself around the convergence of artificial intelligence, Web3 infrastructure and digital-asset treasury management, with the company building a long-term reserve of 70,000 BNB and launching new hardware designed for AI agents.

CMB.TECH: EBITDA Jumps 147% To $552.8 Million As Revenue Rises 82% And Backlog Holds At $3.26 Billion

By Amit Chowdhry ● Aug 31, 2026

CMB.TECH reported sharply higher second-quarter 2026 earnings as strong tanker and dry-bulk markets, its expanded fleet and asset-sale gains drove significant growth in revenue, EBITDA and net profit.

BBVA Argentina: Net Income Jumps 65% As Real ROE Rises To 12.2% And Efficiency Ratio Improves To 45%

By Amit Chowdhry ● Aug 31, 2026

BBVA Argentina reported a substantial improvement in inflation-adjusted profitability during the second quarter of 2026 as net income increased more than 65% year-over-year, return on equity accelerated and operating efficiency improved significantly.

Hyperliquid Strategies More Than Doubles HYPE Treasury To 29.3 Million Tokens And Ends Year With No Debt

By Amit Chowdhry ● Aug 31, 2026

Hyperliquid Strategies substantially expanded its digital-asset treasury during fiscal 2026, increasing its holdings to 29.3 million HYPE tokens while building a balance sheet with approximately $1.87 billion of shareholders' equity and no debt.

Nordic American Tankers: Q2 TCE Reaches $63,000 Per Day As Net Result Rises 48% Sequentially And Cash Hits $175 Million

By Amit Chowdhry ● Aug 31, 2026

Nordic American Tankers reported substantially stronger second-quarter 2026 results, driven by elevated Suezmax tanker rates that boosted earnings, cash generation, and its quarterly dividend.

PagerDuty: ARR Crosses $500 Million As Free Cash Flow Reaches $32.8 Million And GAAP Profitability Streak Hits Five Quarters

By Amit Chowdhry ● Aug 31, 2026

PagerDuty reported another profitable quarter in fiscal 2027 as annual recurring revenue crossed the $500 million level, free cash flow reached nearly $33 million, and the company extended its streak of positive GAAP earnings to five consecutive quarters.

Aon Acquiring USI Insurance Services For $17 Billion

By Amit Chowdhry ● Aug 31, 2026

KKR has signed a definitive agreement to sell USI Insurance Services to Aon for $17 billion in cash, marking a major monetization for KKR's Strategic Holdings portfolio and generating substantial returns on an investment that began nearly a decade ago.

Archives

C3is: Adjusted Net Income Jumps 791% As Daily TCE Rises 145% And Adjusted EBITDA Surges 321%

GameStop To Pay $358.4 Million Cash In Amended $1.4 Billion Convertible Notes Exchange

Pearl Diver Credit Swings To $8.5 Million Profit As NAV Per Share Rises 6.4% And CLO Values Recover

S-Transistors Raises €2.6 Million Pre-Seed Led By Lifeline Ventures To Build Quantum Motherboards

EQT Completes $3.2 Billion Coller Capital Combination As AUM Reaches €341 Billion

Lilly To Acquire Merida Biosciences For Up To $2.875 Billion To Expand Precision Autoimmune And Allergy Pipeline

IRG Acquires 422,727-Square-Foot St. Paul Distribution Facility With 36 Dock Doors And Rail Spur

Agnico Eagle’s Avenir Invests C$1 Million In Canada Nickel, Holding 11.52% On Partially Diluted Basis

Westbridge To Sell Red Willow Solar-Plus-Storage Project For Up To C$26.725 Million

Quoin Pharmaceuticals Raises Up To $50 Million As Financing Could Extend Runway Into Second Half Of 2029

Sumitomo And G Mining Invest C$48 Million In Tintina For 25% Stake And Dos Amigos Copper-Gold Exposure

Hafnia: Net Profit Nearly Quadruples To $277.8 Million As TCE Earnings Jump 61% And Dividend Payout Hits 90%

MINISO: Revenue Jumps 22% As China Growth Hits Three-Year High And North America Rises 37%

Chagee: Operating Income Jumps 388% As Overseas GMV More Than Doubles

Jiayin: Cash Balance Jumps More Than Eightfold To $74.3 Million As Company Pivots Toward AI, Overseas Markets And Efficiency

iBio Advances IBIO-600 Through First Phase 1 Dose Escalation As Cash And Investments Reach $88 Million

Nano Labs Builds 70,000 BNB Reserve And Launches AI Agent PC As It Expands AI-Web3 Strategy

CMB.TECH: EBITDA Jumps 147% To $552.8 Million As Revenue Rises 82% And Backlog Holds At $3.26 Billion

BBVA Argentina: Net Income Jumps 65% As Real ROE Rises To 12.2% And Efficiency Ratio Improves To 45%

Hyperliquid Strategies More Than Doubles HYPE Treasury To 29.3 Million Tokens And Ends Year With No Debt

Nordic American Tankers: Q2 TCE Reaches $63,000 Per Day As Net Result Rises 48% Sequentially And Cash Hits $175 Million

PagerDuty: ARR Crosses $500 Million As Free Cash Flow Reaches $32.8 Million And GAAP Profitability Streak Hits Five Quarters

Aon Acquiring USI Insurance Services For $17 Billion

Holland & Knight Adds Kristie Shu From Kirkland As Middle-Market M&A Platform Ranks No. 2

Duos Technologies Names Christopher DeAlmeida CFO As Edge AI Infrastructure Platform Scales

Ecovyst Names Laurie Bergman CFO As Michael Feehan Prepares To Depart

Womble Adds Mark Eckard In Wilmington As Restructuring Demand Increases

DLA Piper Adds Justin Simeone As Fifth Washington Investigations Partner Hire In 18 Months

DBS Hong Kong Names Kyle Tan Head Of Global Financial Markets After Nearly 30 Years In Banking

GE Vernova Names Rivian CFO Claire McDonough As CFO For 2027 Leadership Transition