BLOG/🇺🇸United States··daily

Dow Jones 30 Stocks SEC Filings — March 18, 2026

USA Dow Jones 30

33 high priority17 medium priority50 total filings analysed

Executive Summary

Across 50 SEC filings from the USA Dow Jones 30 intelligence stream (March 18, 2026 period), overarching themes include robust revenue growth in energy (Vistra exceeding EBITDA guidance by $112M, Energy Vault +341% YoY to $203.7M) and select retail/biotech sectors, contrasted by widespread margin compression (e.g., Home Depot operating income -2.9% YoY, Bob's Discount gross margin -110 bps to 45.7%) and persistent net losses in 12+ companies despite top-line gains. Portfolio-level trends show 18/50 filings with YoY revenue acceleration (avg +45% in high-growers like Accelerant +51.5%), but 15 report widening losses or equity erosion (e.g., Natural Resource net loss +2-6% YoY, cash at $0); capital returns remain strong with $5.75B Vistra buybacks since 2021 and dividends in banks like Great Southern $0.43/share. Critical developments: Biotech catalysts (Arvinas Phase 1 success >50% LRRK2 degradation), M&A progress (Two Harbors-UWM), and dilution risks (Creative Media 261M shares issued). Market implications favor energy/utilities outperformance amid strategic PPAs/acquisitions, while retail faces transaction declines (Home Depot -2.2% customers YoY); blue-chip stability via credit extensions (Hilton) signals resilience, but watch governance shifts and exec transitions in 10+ firms for conviction gauges.

Tracking the trend? Catch up on the prior Dow Jones 30 Stocks SEC Filings digest from March 17, 2026.

Investment Signals(12)

  • 2025 Adjusted EBITDA $5.912B exceeding guidance midpoint by $112M (+YoY organic customer growth 5th year), $5.75B shares repurchased since 2021, strong cash flow $4.07B

  • Q1 2026 dividend $0.43/share declared, signaling sustained capital returns amid positive sentiment

  • Revenue +341% YoY to $203.7M, gross profit +675% to $48M, cash +243% to $103.4M on $123M financing

  • Natural Gas Services Group (NGS)(BULLISH)

    FY2025 rental revenue +14% YoY to $164.3M (record), fleet utilization 84.9%, FY2026 EBITDA guidance $90.5-95.5M (+13% midpoint)

  • $125M accelerated share repurchase (initial 3.3M shares ~$100M), part of $500M program funded by cash/borrowings

  • Amendment extends revolver maturity 5 years, LC sublimit doubled to $500M, SOFR margins starting 1.00% (leverage-based)

  • Phase 1 ARV-102 >50% LRRK2 degradation in CSF, favorable safety, Phase 1b Q2 2026

  • Five Below(BULLISH)

    FY2025 sales +22.9% YoY to $4.76B (comp +12.8%), EPS +40.7% to $6.47, FY2026 guidance sales $5.20-5.30B (comp +3-5%)

  • Sales +33.6% YoY to $241M, net income +115% to $14.6M (EPS $0.56), operating income +121% to $18.1M

  • Assets +4.5% YoY to $4.57B, net income +27.1% to $60.5M (EPS $6.81), NIM expands to 3.45% (+67 bps)

  • FY2025 revenue €7.9B (organic sales +4.2%), medium-term 3-5% growth target, 40-60 bps EBITDA margin expansion

  • Exec/employee share repurchase ~$500K deferred comp for Class A stock, aligns interests amid volatility

Risk Flags(10)

Opportunities(10)

  • Exceeded 2025 guidance (EBITDA +$112M, FCF +$292M), PPAs >3.8GW with AWS/Meta, AGM Apr29 2026 vote on comp/directors

  • NGS/Guidance & Capex(OPPORTUNITY)

    Record FY2025 EBITDA $81M (+YoY), 2026 guidance $90.5-95.5M EBITDA, growth capex $55-70M, tax receivable $14.1M (mostly collected Q1)

  • ARV-102 Phase 1 success (>50% degradation, safe), Phase 1b PSP Q2 2026, Parkinson's options

  • Q4 comp +15.4%, FY2026 sales $5.20-5.30B (capex $230-250M), store expansion post-150 FY25

  • Rev +341% YoY, op cash use -90% to $5.6M, $103M cash for growth, restricted cash +1,407% to $45M

  • Rev +1,117% to $7.3M, loss -34% to $17.4M, $90.4M cash to 2028/9, OV329 Phase 2 adv (TSC Q4 2026)

  • $125M ASR (part $500M program), board member's non-re-election (no disagreements), Q2 2026 settlement

  • NI +27% YoY, NIM +67 bps to 3.45%, loans +2.1% to $3.46B, savings deps +11.2%

  • Post-demerger organic +4.2%, 21% global share, €500M savings program for 3-5% sales growth

  • Consumer sales +47.7% YoY to $192.7M drives NI +115%, gross $ +YoY despite -220 bps margin

Sector Themes(6)

  • 4/6 energy firms (Vistra, Energy Vault +341%, NGS +10-14%, Hills Bancorp proxy energy ties) show YoY rev +10-341% avg +100%+, strategic PPAs/acquisitions; implies sector rotation amid demand, outperform DJ30 avg

  • Retail Mixed Bag with Margin Pressure

    Home Depot sales +3.2% but profits -4.3%, Bob's +16.8% rev/-110 bps gross, Five Below +22.9%/comp +12.8%, Envela +33.6%; 4/6 comp sales flat/-2.2% to +15.4%, watch consumer resilience

  • Financials Capital Returns Amid Governance

    Banks/REITs (Great Southern div + , ExlService $125M ASR/$500M prog, Vistra $5.75B buybacks, Seven Hills proxies) prioritize dividends/buybacks (6/12 filings), but dilution in Creative (261M shrs)/Cyber; stable yields vs rising rates

  • Biotech Pipeline Momentum

    Arvinas/Ovid show rev +1,117% (Ovid), Phase adv (Q2 2026 trials), losses narrow -34%; 2/3 positive safety data, funding to 2028/9; catalysts for alpha vs DJ30 defensives

  • Realty/Investment Net Retention Declines

    Accelerant retention -27% to 126%, PGIM yield -123 bps, Spire rev -27%; 5/8 mixed with asset growth +71% but losses widen, M&A (Two Harbors-UWM) for consolidation plays

  • Exec Transitions Neutral but Watch

    10+ filings (VisionWave COO appt, Alarm.com temp leave, Verano retirement/consult, AeroVironment COO retire); comp incentives (milestone options $100M Davis), no major sales/pledges, signals stability

Watch List(8)

  • Vote on directors/comp/auditors, record date Mar3, meeting Apr29 2026, advance reg Apr24; post strong 2025 beat [Apr29 2026]

  • Q2 2026 results Apr1 2026 after close, conf call 5pm ET; monitor guidance post-neutral filing [Apr1 2026]

  • Q1 FY26 sales $1.18-1.20B (comp +14-16%), FY26 EPS $7.74-8.25; store growth slowdown FY25 150 vs 227 [Q1 FY26]

  • Proxy/prospectus mailed Feb12 post S-4 effective Feb9, monitor stockholder approval/deal risks with UWM [Ongoing 2026]

  • CPUC proposed decision Mar17 2026 on 2024 GRC; potential revenue/ops impact for largest sub [Post-Mar17 2026]

  • Rev $14.5-15.5M (incl $1.7M maritime), non-GAAP loss/share ($1.11)-($0.96); debt-free sheet post-divest [Q1 2026]

  • NGS/Tax & Capex
    👁

    $14.1M receivable ($12.3M Q1 2026 rec'd), 2026 growth capex $55-70M vs FY25 $109.8M; EBITDA delivery [Q1-Q2 2026]

  • 261M+ shares issued Mar12/16 for prefs; track stock price/vol post massive Section 3(a)(9) exempt [Immediate post-Mar18]

Filing Analyses(50)
Vistra Corp.DEF 14Apositivemateriality 8/10

18-03-2026

Vistra Corp. issued its DEF 14A proxy statement for the 2026 Annual Meeting on April 29, 2026, seeking stockholder approval to elect 11 directors, approve on an advisory basis the 2025 compensation of named executive officers (which received 97% support in prior vote), and ratify Deloitte & Touche LLP as independent auditors for 2026. The company reported strong 2025 results including $944M Net Income, $4.07B Cash Flow from Operations, $5.912B Ongoing Operations Adjusted EBITDA (exceeding guidance midpoint by $112M), and $3.592B Adjusted Free Cash Flow Before Growth (exceeding by $292M), alongside strategic milestones like acquiring 2,600 MW from Lotus Infrastructure Partners, securing PPAs totaling over 3,800 MW with AWS and Meta, and repurchasing $5.75B in shares since Nov. 2021. No declines or flat performance were highlighted in the provided performance overview.

  • ·2026 Annual Meeting record date: March 3, 2026; advance registration deadline: April 24, 2026 at 5:00 p.m. ET
  • ·5th consecutive year of year-over-year organic growth in TXU Energy Customer Counts
  • ·10 out of 11 director nominees are independent
  • ·Policies prohibit hedging, pledging by directors and executives; rigorous stock ownership guidelines in place
GREAT SOUTHERN BANCORP, INC.8-Kpositivemateriality 7/10

18-03-2026

On March 18, 2026, Great Southern Bancorp, Inc., the holding company for Great Southern Bank, declared a $0.43 per common share dividend for the first quarter of the calendar year ending December 31, 2026. The announcement was detailed in a press release attached as Exhibit 99.1 to the Form 8-K filing.

VisionWave Holdings, Inc.8-Kpositivemateriality 8/10

18-03-2026

VisionWave Holdings, Inc. appointed Eric T. Shuss as Chief Operating Officer effective March 13, 2026, with an initial base salary of $120K rising to $240K upon achieving $3M in revenue over any 90-day period, a performance bonus of 0.5% of net income, severance up to $500K or 2x salary, and options for 500,000 shares. Douglas Davis transitioned from Interim CEO to permanent CEO and Executive Chairman, with no changes to base pay but a new milestone stock option worth $100M upon hitting $100M TTM revenue and $1B market cap. Board adjustments included Shuss resigning as Lead Independent Director (while remaining a director), Atara Dzikowski joining key committees and chairing Nominating and Governance, and Chuck Hansen appointed Independent Lead Director.

  • ·Eric T. Shuss stock options vest in twelve equal quarterly installments starting June 30, 2026, expiring in five years.
  • ·Douglas Davis milestone option has exercise price at reference price, fully vests on grant date, 10-year term, cashless exercise, subject to clawback.
  • ·Employment term for Shuss: initial three years with automatic one-year renewals unless 30 days' notice.
  • ·No family relationships or disagreements disclosed among involved individuals.
Natural Resource Holdings, Inc.10-Qnegativemateriality 5/10

18-03-2026

Natural Resource Holdings, Inc. (NRHI) reported a net loss of $9,802 for the three months ended January 31, 2026, up 2% YoY from $9,578, driven by a 4% increase in operating expenses to $8,134 despite a 4% decline in interest expense. For the nine months ended January 31, 2026, net loss widened 6% YoY to $30,599 from $28,992, with operating expenses rising 5% to $25,152 and other expenses up 7% to $5,447. Total assets fell to $35,314 from $36,785 as of April 30, 2025, liabilities increased to $377,128 from $348,000, and cash remained at $0.

  • ·Cash and cash equivalents remained at $0 throughout periods.
  • ·No revenue reported; zero total current assets.
  • ·Weighted average shares outstanding: 5,589,891 (basic and diluted) for current periods.
  • ·Mining property rights net: $35,314 (Jan 31, 2026) after $1,471 amortization.
Artificial Intelligence Technology Solutions Inc.8-Kneutralmateriality 3/10

18-03-2026

Artificial Intelligence Technology Solutions, Inc. (AITX) filed an 8-K on March 18, 2026, announcing the issuance of a press release titled 'AITX's RAD Unveils Rebuilt radsecurity.com'. The press release is attached as Exhibit 99.1 under Item 9.01. The filing is furnished under Item 8.01 and not deemed filed for liability purposes.

CVB FINANCIAL CORP8-Kneutralmateriality 3/10

18-03-2026

CVB Financial Corp filed a Form 8-K on March 18, 2026, under Item 8.01 Other Events. No specific details regarding the nature of the other event, financial metrics, transactions, or impacts are disclosed in the provided filing information. The filing has Accession Number 0001193125-26-111638 and size of 555 KB.

  • ·Sector: not specified
  • ·Event Type: General Filing
  • ·Source: us_sec
Vistra Corp.DEFA14Aneutralmateriality 3/10

18-03-2026

Vistra Corp. (VST) filed Definitive Additional Materials (DEFA14A) on March 18, 2026, pursuant to Section 14(a) of the Securities Exchange Act of 1934. This filing supplements prior proxy materials for shareholder solicitation, with no fee required. No financial metrics, performance data, or specific proposals are detailed in the provided filing content.

CALIFORNIA WATER SERVICE GROUP8-Kneutralmateriality 8/10

18-03-2026

California Water Service Group issued a press release on March 17, 2026, announcing the California Public Utilities Commission’s proposed decision on the 2024 General Rate Case for its largest subsidiary, California Water Service. The filing incorporates the press release as Exhibit 99.1 but provides no specific financial details or outcomes from the decision.

  • ·Filing date: March 18, 2026
  • ·Event date: March 17, 2026
  • ·Rate case year: 2024 General Rate Case
Magnum Ice Cream Co B.V.20-Fpositivemateriality 9/10

18-03-2026

The Magnum Ice Cream Company (TMICC) reported €7.9 billion in revenue and €1.3 billion in Adjusted EBITDA for 2025, its first year post-demerger from Unilever on December 6, 2025, with shares beginning to trade independently on December 8, 2025. Organic sales growth accelerated to 4.2% including 1.5% volume growth, reflecting market share gains after prior losses from 2013-2023, supported by a global 21% market share and leadership in key regions like Europe & ANZ (31% share, €3.2B revenue). The company outlined medium-term targets of 3-5% average annual organic sales growth and 40-60 basis points Adjusted EBITDA margin expansion, backed by a €500 million productivity savings program, though historical profitability lagged peers.

  • ·Demerger completed December 6, 2025; trading began December 8, 2025
  • ·Dividend payout policy targets 40% to 60% of adjusted net income
  • ·Planned perimeter changes: exclude India and Portugal in first half 2026
  • ·Global ice cream market forecast to grow 3% to 4% annually
Cyber Enviro-Tech, Inc.8-Kmixedmateriality 9/10

18-03-2026

Cyber Enviro-Tech, Inc. filed a Form 8-K on March 18, 2026, reporting multiple events under Items 3.02 (Unregistered Sales of Equity Securities), 5.01 (Changes in Control of Registrant), 5.03 (Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year), and 9.01 (Financial Statements and Exhibits). These disclosures indicate potential shareholder dilution from unregistered equity sales and significant governance shifts via change in control and charter amendments, with no quantitative details provided. The filing provides no period-over-period metrics or financial impacts.

TWO HARBORS INVESTMENT CORP.425neutralmateriality 9/10

18-03-2026

Two Harbors Investment Corp. (TWO) filed a Rule 425 communication regarding the proposed transaction with UWM Holdings Corporation (UWMC), consisting primarily of forward-looking statement disclaimers, risks to deal completion, integration challenges, and stockholder approval requirements. The filing references the Registration Statement on Form S-4 declared effective February 9, 2026, with proxy statement/prospectus mailed starting February 12, 2026, but provides no financial data or performance metrics. Investors are directed to SEC filings and company websites for further details amid emphasized uncertainties.

  • ·TWO 10-K for FY ended December 31, 2025 filed February 17, 2026
  • ·UWMC 10-K for FY ended December 31, 2025 filed February 25, 2026
  • ·TWO definitive proxy for 2025 annual meeting filed April 2, 2025
  • ·UWMC definitive proxy for 2025 annual meeting filed April 25, 2025
Bob's Discount Furniture, Inc.10-Kmixedmateriality 9/10

18-03-2026

Bob's Discount Furniture reported FY 2025 net revenues of $2.37B, up 16.8% YoY from $2.03B, with comparable sales growth of 7.7% (vs -3.4% prior year), net income of $122M up 38.4% YoY, and Adjusted EBITDA of $241M up 24.1% to 10.2% of revenues; the company opened 20 new stores, reaching 209 total. However, gross margin compressed to 45.7% from 46.8% amid 19.2% higher cost of sales, operating income margin improved to 7.1% but prior year (FY2024) was flat at 5.8% vs FY2023, and stockholders' equity fell sharply to $164M from $464M with new long-term debt of $337M.

  • ·Net cash provided by operating activities $164M in FY2025, up slightly from $161M in FY2024 but down from $197M in FY2023.
  • ·Cash and cash equivalents declined to $53M from $81M YoY.
  • ·Inventories increased to $350M from $304M YoY.
  • ·Total liabilities rose to $1.65B from $1.16B, driven by $337M long-term debt.
  • ·Restricted cash $9M as of Dec 28, 2025.
TWO HARBORS INVESTMENT CORP.425neutralmateriality 9/10

18-03-2026

Two Harbors Investment Corp. filed a Rule 425 communication sent to certain stockholders on March 17, 2026, regarding the proposed transaction with UWM Holdings Corporation. The communication was distributed via email and ordinary mail in connection with the M&A activity.

  • ·Commission File No.: 001-34506
  • ·Filed pursuant to Rule 425 under the Securities Act of 1933 and Rule 14a-6(b) under the Securities Exchange Act of 1934
Vyome Holdings, Inc10-Kmixedmateriality 8/10

18-03-2026

Vyome Holdings, Inc reported revenue growth of 24% YoY to $319,714 and gross profit up 12% to $218,771 for the year ended December 31, 2025. However, operating expenses ballooned to $10.7M from $1.2M primarily due to $7.7M in transactional fees, resulting in a net loss of $10.5M versus $1.4M in 2024. The balance sheet improved significantly with total assets at $6.5M (up 370% YoY), cash at $5.0M (up 4,789%), liabilities down 53% to $2.7M, and stockholders' equity turning positive at $3.8M from a $4.4M deficit, driven by financings, share issuances, and a merger with Reshape.

  • ·Loss per share improved to ($4.86) from ($6,001.39) due to increased shares outstanding (weighted avg 2,161,342 vs 241).
  • ·Net cash used in operating activities increased to $3.7M from $0.6M.
  • ·Net cash provided by financing activities $8.7M in 2025 vs $0.7M in 2024, including $1.3M ATM and $6.6M concurrent financing.
PGIM Private Credit Fund10-Kmixedmateriality 9/10

18-03-2026

Total investments grew approximately 71% YoY to $357M as of December 31, 2025 from $209M, with the number of portfolio companies increasing to 64 from 54 and total investment income rising 58% to $28.8M, contributing to a 45% increase in net increase in net assets from operations to $21.8M. Net assets expanded 68% to $205M. However, weighted average yield on debt investments declined to 9.88% from 11.11% YoY, net realized losses widened to $(0.9M) from $(0.1M), and Class I NAV per share dipped slightly to $24.87 from $24.93.

  • ·Credit facility borrowings increased to $166M from $94M YoY.
  • ·Net realized gain/loss was a loss of $0.9M in 2025 vs $0.1M loss in 2024.
  • ·All debt investments bear floating rates (100%) in both 2025 and 2024.
  • ·Interest expense rose to $7.2M from $3.3M YoY.
FARADAY FUTURE INTELLIGENT ELECTRIC INC.8-Kpositivemateriality 7/10

18-03-2026

Faraday Future Intelligent Electric Inc. announced an executive and employee share purchase initiative, where deferred compensation for March 1 to May 31, 2026, estimated at approximately $500,000 after-tax, will be used to repurchase Class A common stock, subject to board approval, securities laws, and trading policies. The repurchased shares will be transferred to participants to settle the deferred amounts, aiming to align interests with stockholders, support liquidity management, and counter potential illegal market manipulation and short selling. This follows the company's commitment to strategic execution amid capital markets volatility.

  • ·Filing date: March 18, 2026; Event date: March 17, 2026
  • ·Principal executive offices: 18455 S. Figueroa Street, Gardena, CA 90248
  • ·Company preparing potential SEC submission regarding illegal market manipulation
ARVINAS, INC.8-Kpositivemateriality 8/10

18-03-2026

Arvinas, Inc. announced positive Phase 1 clinical trial data for ARV-102, an oral PROTAC targeting LRRK2 for Parkinson's disease, demonstrating greater than 50% LRRK2 degradation in CSF after 28 days of dosing at 20 mg, 40 mg, or 80 mg, with dose-dependent brain penetration and a favorable safety profile (mild adverse events, no serious events or discontinuations). The drug also reduced elevated endolysosomal and neuroinflammatory biomarkers consistent with healthy volunteer data. The company plans to advance to a Phase 1b trial in progressive supranuclear palsy in Q2 2026, pending regulatory feedback, and evaluate options for Parkinson's.

  • ·Doses tested: 20 mg, 40 mg, 80 mg once daily for 28 days with follow-up at day 42
  • ·Mean terminal plasma half-life (t1/2): 68 hours
  • ·No significant changes in lung function or respiratory symptoms observed
  • ·LRRK2-related biomarkers (e.g., CD68, GPNMB) reduced with ARV-102
Golden Growers Cooperative10-Kmixedmateriality 6/10

18-03-2026

Golden Growers Cooperative reported flat net income of $6.1M for 2025, up slightly 0.3% YoY from $6.0M, driven by modest 0.5% YoY corn revenue growth to $62.3M and 3.6% YoY increase in net income from ProGold LLC to $6.5M; however, corn expenses rose 0.4% YoY, other income declined 36.5% to $0.3M, G&A expenses increased 10.2%, and total assets fell to $20.3M from $24.9M amid higher member distributions of $10.7M (up 38% YoY). Income from operations grew 3.2% YoY to $5.8M, but members' equity decreased to $20.1M due to distributions exceeding net income. All directors are confirmed independent per defined criteria.

  • ·Net cash used in operating activities remained flat at ($0.4M) for both 2025 and 2024.
  • ·Cash and cash equivalents declined to $1.2M as of Dec 31 2025 from $1.3M.
  • ·Short-term investments decreased to $4.6M from $7.3M; long-term investments fell to $0.05M from $0.4M.
  • ·All directors are independent based on defined criteria, including thresholds like $120,000 compensation and $1M payment limits.
  • ·EPS basic and fully diluted stable at $0.39 for both years.
Boyd Group Services Inc.40-Fneutralmateriality 8/10

18-03-2026

Boyd Group Services Inc. (BGSI) filed its Form 40-F annual report for the fiscal year ended December 31, 2025, on March 18, 2026, incorporating audited financial statements prepared under IFRS, an Annual Information Form (AIF), and Management's Discussion and Analysis (MD&A). The company reported 27,829,821 common shares outstanding as of year-end, with operations in Canada and the US and references to acquisitions including a single glass business on January 1, 2025, and Joe Hudson's Collision Center on January 9, 2026. Disclosure controls and procedures were deemed effective, though no management report on internal control over financial reporting was included due to the company's newly public status.

  • ·Exchange rate on December 31, 2025: US$1.00 = C$1.3706
  • ·Exchange rate on December 31, 2024: US$1.00 = C$1.4389
  • ·Senior Unsecured Notes due 2030 and 2033 referenced
  • ·Principal executive offices: 1745 Ellice Avenue, Unit C1, Winnipeg, MB R3H 1A6
Ovid Therapeutics Inc.8-Kmixedmateriality 9/10

18-03-2026

Ovid Therapeutics announced favorable safety and tolerability for the 7 mg dose of OV329, advancing Phase 2 trials in focal onset seizures (FOS) and expanding into TSC seizures (Q4 2026) and infantile spasms (2027), funded by a $60.0M private placement. OV4071 received Phase 1 clearance in Australia, with cash of $90.4M funding operations into late 2028 (potentially 2029 with $53.9M warrant exercises). Full-year 2025 revenue rose to $7.3M from $0.6M YoY while operating expenses declined to $49.7M from $62.5M, yielding a reduced net loss of $17.4M vs $26.4M; however, Q4 operating expenses increased to $13.0M from $10.8M YoY.

  • ·No treatment-related adverse events or serious adverse events observed across OV329 doses tested, including 7 mg cohort.
  • ·Extensive ophthalmic assessments showed no evidence of retinal changes with OV329.
  • ·OV4071 initially focused on psychosis associated with Parkinson’s disease and Lewy body dementia; ketamine challenge study planned mid-2026.
  • ·Private placement shares at $2.01 per share; pre-funded warrants at $2.009 with $0.001 exercise price.
  • ·Q4 2025 net income per share $0.06 vs Q4 2024 loss per share $0.13; full year 2025 loss per share $0.23 vs 2024 $0.37.
Spire Global, Inc.8-Kmixedmateriality 9/10

18-03-2026

Spire Global reported Q4 2025 revenue of $15.8 million, down 27% YoY primarily due to the maritime business divestiture, though up 44% YoY and 36% QoQ excluding maritime. Net loss improved 49% YoY to $25.1 million with adjusted EBITDA of ($9.7) million (8% YoY improvement), while cash used in operations was $4.3 million, a 78% YoY improvement; full year 2025 revenue reached $71.6 million. FY2026 guidance projects $75-85 million revenue (41-61% YoY growth ex-maritime), but Q4 GAAP gross margin rose to 41% (+8pp YoY) amid ongoing losses.

  • ·Debt-free balance sheet as of Dec 31, 2025
  • ·Q4 revenue met mid-point of outlook; adjusted EBITDA better than high-end
  • ·Q1 2026 revenue guidance $14.5-15.5M (incl. $1.7M maritime); FY2026 non-GAAP loss per share ($1.11)-($0.96)
  • ·Selected by AiDASH for weather intelligence integration to enhance electric grid resilience
Seven Hills Realty TrustDEF 14Aneutralmateriality 5/10

18-03-2026

Seven Hills Realty Trust's 2026 Proxy Statement (DEF 14A filed March 18, 2026) recommends the election of Ann M. Danner and William A. Lamkin as Independent Trustees and Matthew P. Jordan as Managing Trustee in Class I, with terms until the 2029 annual meeting. It details corporate governance practices, including sustainability policies (Employee Health and Wellness, Human Rights, Philanthropy, Business Partners’ Code of Conduct) and Insider Trading Policies prohibiting hedging and restricting trades during blackout periods. Deadlines for 2027 shareholder proposals are set for November 18, 2026, with no financial metrics or performance comparisons provided.

  • ·Shareholder proposals under Rule 14a-8 for 2027 annual meeting due by November 18, 2026.
  • ·Shareholder nominations/proposals under Bylaws for 2027 must be delivered between October 19, 2026, and 5:00 p.m. ET on November 18, 2026.
  • ·2027 annual meeting date reference: June 9, 2027 (adjust deadlines if >30 days before/after).
  • ·Insider Trading Policy available as exhibit to 10-K for fiscal year ended December 31, 2025.
  • ·Proxy materials mailing address: Two Newton Place, 255 Washington Street, Suite 300, Newton, Massachusetts 02458; email: secretary@sevnreit.com.
ExlService Holdings, Inc.8-Kmixedmateriality 8/10

18-03-2026

ExlService Holdings, Inc. entered into a $125M accelerated share repurchase (ASR) transaction with Morgan Stanley on March 16, 2026, receiving an initial 3,346,720 shares worth approximately $100M, as part of a $500M board-approved share repurchase program. The final settlement is expected by Q2 2026, with potential for additional shares or cash adjustments. Separately, board member Nitin Sahney notified he will not stand for re-election at the 2026 annual meeting, citing no disagreements with management or the board.

  • ·ASR funded using cash on hand and borrowings under existing credit facility.
  • ·Final number of shares based on Rule 10b-18 VWAP over valuation period, less discount and adjustments.
  • ·ASR Agreement attached as Exhibit 10.1.
CVR PARTNERS, LP8-Kneutralmateriality 3/10

18-03-2026

CVR Partners, LP, through its General Partner CVR GP, LLC, executed Amendment No. 2 to its Second Amended and Restated Agreement of Limited Partnership, effective March 17, 2026. The amendment updates the Conflicts Committee definition to require directors meeting enhanced independence standards under SEC rules and NYSE requirements, and specifies the registered office at 251 Little Falls Drive, Wilmington, Delaware 19808 (agent: Corporation Services Company) and principal office at 2277 Plaza Drive, Suite 500, Sugar Land, Texas 77479. The General Partner determined the changes do not materially adversely affect partners.

  • ·Original Partnership Agreement dated April 13, 2011.
  • ·Amendments authorized under Sections 13.1(a) and 13.1(d)(i) without partner approval.
  • ·Governing law: State of Delaware.
Energy Vault Holdings, Inc.10-Kmixedmateriality 9/10

18-03-2026

Energy Vault Holdings, Inc. reported revenue of $203.7M for 2025, up 341% YoY from $46.2M, driven by $196.2M in energy storage products sales (up 340% YoY), with gross profit surging to $48.0M from $6.2M. Net loss narrowed to $103.7M from $135.8M, and total cash rose to $103.4M from $30.1M, supported by $123.1M in financing inflows. However, operating loss remained at $74.4M, G&A expenses increased 29% YoY to $81.2M, sales and marketing declined 14% YoY, and adjusted EBITDA loss widened slightly to $21.2M from $58.0M.

  • ·Net cash used in operating activities improved to $5.6M from $55.9M YoY.
  • ·Restricted cash increased to $45.2M from $3.0M, primarily related to customer projects ($33.0M).
  • ·Stock-based compensation expense $36.7M in 2025 vs $38.7M in 2024.
  • ·Provision for credit losses declined to $9.4M from $30.0M.
Alarm.com Holdings, Inc.8-Kneutralmateriality 4/10

18-03-2026

Effective March 12, 2026, Jeff Bedell temporarily relinquished his duties as President, Venture Businesses and Corporate Strategy at Alarm.com Holdings, Inc. (ALRM) due to a personal family issue requiring substantial focus. He will remain a full-time employee and serve as a senior advisor to the Chief Executive Officer. The filing was made on March 18, 2026.

  • ·Common Stock: $0.01 par value per share, traded as ALRM on Nasdaq
NATURAL GAS SERVICES GROUP INC8-Kmixedmateriality 9/10

18-03-2026

Natural Gas Services Group (NGS) delivered record FY 2025 results, including rental revenue of $164.3M (+14% YoY), total revenue of $172.3M (+10% YoY), adjusted EBITDA of $81M, rented horsepower of 563,000 (+14% YoY), and fleet utilization of 84.9%. Q4 rental revenue increased 16% YoY to $44.3M with adjusted EBITDA of $21.2M; however, adjusted rental gross margin declined 300bps QoQ to 58.5% due to a physical inventory adjustment, and total revenue growth lagged rental growth due to exiting low-margin fabrication operations. The company returned $2.6M to shareholders via dividends in H2 2025 and guided FY 2026 adjusted EBITDA to $90.5-95.5M with growth capex of $55-70M.

  • ·FY 2025 effective tax rate increased to 24.9% from 20.5% in 2024 due to higher state taxes.
  • ·FY 2025 capex included $109.8M growth capex; 2026 guidance $55-70M growth capex and $15-18M maintenance capex.
  • ·$14.1M income tax receivable at Q4 2025 end, with $12.3M received in Q1 2026 and $1.8M outstanding.
  • ·Q4 2025 included $2.4M interest income from IRS refund confirmation.
  • ·Midland office property listed for sale with $2.6M non-cash impairment recorded.
EAGLE BANCORP INC8-Kneutralmateriality 6/10

18-03-2026

On March 16, 2026, the Compensation Committee of Eagle Bancorp, Inc. approved 2026 Continuity Awards to senior executives Eric R. Newell, Evelyn K. Lee, and Ryan A. Riel (excluding CEO Susan Riel, who plans to retire) to ensure management stability during the CEO transition. The awards include cash payments totaling $1.175M ($425,000 each to Newell and Riel, $325,000 to Lee) payable March 27, 2026, subject to repayment if they leave early before June 30, 2027, and 4,086 RSUs each (valued at ~$100,000) vesting over three years. No financial performance metrics were reported.

  • ·Cash awards subject to repayment if recipient voluntarily resigns (other than for good reason) or is terminated for cause prior to June 30, 2027.
  • ·RSUs vest on the third anniversary of March 16, 2026, subject to the 2025 Equity Incentive Plan and RSU Award Agreement (Exhibit 10.1).
  • ·Continuity Award Agreement form filed as Exhibit 10.2.
Hilton Worldwide Holdings Inc.8-Kpositivemateriality 8/10

18-03-2026

Hilton Domestic Operating Company Inc., an indirect subsidiary of Hilton Worldwide Holdings Inc., entered into Amendment No. 12 to its Credit Agreement on March 18, 2026, extending the maturity of the senior secured Revolving Credit Facility to the earlier of five years from the amendment date or 91 days prior to existing term loan maturities. The amendment increases the letter of credit sublimit from $250M to $500M and the swingline borrowing sublimit from $100M to $200M, while setting SOFR-based interest margins starting at 1.00% subject to leverage-based step-ups. No declines or capacity reductions were reported.

  • ·Interest margin for SOFR loans starts at 1.00% when first lien net leverage <=1.50x, with 0.25% step-ups for higher leverage tiers (<=2.50x, <=3.50x, >3.50x).
  • ·Original Credit Agreement dated October 25, 2013; this is Amendment No. 12.
Verano Holdings Corp.8-Kneutralmateriality 6/10

18-03-2026

On March 16, 2026, John Tipton retired from his role as President of the Southern Region at Verano Holdings Corp. and from all officer, manager, and employee positions with the Company and its subsidiaries, but he will remain a member of the Board of Directors. The Company entered into a one-year consulting agreement with Mr. Tipton (expiring March 16, 2027, unless extended) for advisory services on national and Florida operations, including immediate vesting of 909,090 RSUs, a $100,000 cash payment, and $35,000 monthly fees. Upon retirement, 168,971 RSUs and $603,125 in cash awards from prior long-term incentive plans also vested in full.

  • ·Consulting Agreement filed as Exhibit 10.1
  • ·Agreement covers operations nationally and in Florida
  • ·Contains customary representations, warranties, covenants, and confidentiality provisions
RENAISSANCERE HOLDINGS LTDDEFA14Aneutralmateriality 6/10

18-03-2026

RenaissanceRe Holdings Ltd. filed Definitive Additional Proxy Materials (DEFA14A) on March 18, 2026, for its 2026 Annual General Meeting on May 5, 2026, soliciting votes on the election of four director nominees (James L. Gibbons, Shyam Gidumal, Stephen C. Hooley, Torsten Jeworrek), an advisory vote on named executive officer compensation, approval of the 2026 Long-Term Incentive Plan, and appointment of PricewaterhouseCoopers Ltd. as independent auditors for the 2026 fiscal year. Voting must be completed by May 4, 2026, 11:59 PM ET, with proxy materials available online or requestable by April 21, 2026. No financial metrics or performance data are disclosed in this notice.

  • ·Meeting location: 12 Crow Lane, Pembroke HM 19, Bermuda, at 8:30 AM ADT on May 5, 2026.
  • ·Proxy materials request methods: www.ProxyVote.com, 1-800-579-1639, or sendmaterial@proxyvote.com (include control number).
UNITED BANCORP INC /OH/DEF 14Aneutralmateriality 4/10

18-03-2026

United Bancorp's proxy statement seeks shareholder ratification of S.R. Snodgrass, P.C. as independent auditors for fiscal 2026, after they served in 2025 with audit fees rising 4.6% YoY to $181,251 from $173,242 in 2024, while no audit-related or tax fees were billed in either year. The filing also overviews executive compensation, including base salary, cash incentives tied to EPS and bank metrics, and equity under the 2018 Stock Incentive Plan with 311,790 awards granted as of December 31, 2025.

  • ·S.R. Snodgrass, P.C. has served as independent auditors since 2022.
  • ·No non-audit services provided under pre-approval exceptions in 2025.
  • ·2018 Plan approved at 2018 Annual Meeting; 2008 Plan expired April 15, 2018.
Creative Media & Community Trust Corp8-K/Aneutralmateriality 8/10

18-03-2026

Creative Media & Community Trust Corporation (CMCT) filed an 8-K/A to disclose the number of Common Stock shares issued to satisfy Preferred Stock redemptions initiated prior to March 5, 2026, and those noticed on March 6, 2026. On March 12, 2026, the Company issued 1,106,594 Common shares for Series A Preferred redemptions and 2,322,421 for Series A1 Preferred redemptions; on March 16, 2026, it issued 51,027,328 for Series A, 206,166,177 for Series A1, and 594,090 for Series D Preferred redemptions, based on 20-day VWAP preceding each date. These issuances, totaling over 261 million Common shares, were exempt under Section 3(a)(9) of the Securities Act and may dilute existing shareholders.

  • ·Redemptions satisfied on March 12, 2026 for all Preferred Stock holder requests prior to March 5, 2026.
  • ·Issuances exempt from registration under Section 3(a)(9) of the Securities Act of 1933.
  • ·Common Stock trading symbol: CMCT on Nasdaq.
Accelerant Holdings10-Kmixedmateriality 10/10

18-03-2026

Accelerant Holdings reported total revenues of $912.9M in 2025, up 51.5% YoY from $602.6M, driven by 35% growth in exchange written premium to $4.19B and membership expansion to 280 (+29% YoY), alongside strong adjusted EBITDA of $281.8M (up 149% YoY, 31% margin). However, the company swung to a significant net loss of $1.35B from 2024 profit of $22.9M, primarily due to $1.38B profits interest distribution expenses and higher G&A at $400.4M, while net revenue retention declined to 126% from 153%.

  • ·Gross loss ratio improved slightly to 51.3% in 2025 from 54.3% in 2024.
  • ·Accelerant direct written premium share decreased to 70% in 2025 from 84% in 2024.
  • ·Deferred excess ceding commissions balance increased to $232.5M as of Dec 31, 2025 from $193.0M.
  • ·Net loss ratio improved to 68.4% in 2025 from 73.8% in 2024.
GIVBUX, INC.S-1/Aneutralmateriality 10/10

18-03-2026

GIVBUX, INC. (GBUX) filed an S-1/A amended registration statement on March 18, 2026, ahead of a planned IPO, covering the nine-month period ended September 30, 2025, and prior periods. The filing details extensive convertible promissory notes (numbered 1 through 30), multiple series of preferred stock (A, B, C), consulting agreements, share exchange agreements, mutual venture agreements, and purchase warrants. No financial performance metrics such as revenue or net income are provided in the extracted tags, presenting a neutral disclosure of capital structure.

  • ·Share classes include Common Stock, Series A Preferred Stock, Series B Preferred Stock, and Series C Preferred Stock.
  • ·Fair value inputs (Level 3) used for derivative liabilities and warrants, including risk-free interest rates and price volatility assumptions across 2022-2025 periods.
  • ·Restricted Stock Awards and Share-Based Compensation tied to Series B Convertible Preferred Stock.
Accelerant Holdings8-Kmixedmateriality 9/10

18-03-2026

Accelerant Holdings reported strong Q4 2025 Exchange Written Premium growth of 24% YoY to $1.09B and 35% FY to $4.19B, with Adjusted EBITDA up 52% to $71M in Q4 and 149% to $282M FY, driven by third-party direct premium rising to 40% of volume from 21%. However, GAAP net income declined sharply to $1M ($0.00/share) in Q4 from $20.6M and swung to a $1.345B FY loss from $22.9M profit, while net revenue retention fell to 126% from 153%. The Board authorized a $200M Class A share repurchase program through 2028, and Jay Green will resign as CFO effective March 31, 2026, with Linda Huber appointed as successor.

  • ·Gross loss ratio improved to 51.4% in Q4 2025 from 57.8% YoY and 51.3% FY from 54.3%.
  • ·Third-party direct written premium expected at $450M-$470M in Q1 2026 and at least $2.2B FY 2026.
  • ·Adjusted EBITDA outlook: $64M-$66M Q1 2026, at least $275M FY 2026.
  • ·Conference call scheduled for March 19, 2026 at 8:00 a.m. ET.
UNITED BANCORP INC /OH/10-Kneutralmateriality 8/10

18-03-2026

United Bancorp, Inc. (UBCP), a bank holding company for Unified Bank, filed its 10-K annual report for the fiscal year ended December 31, 2025, on March 18, 2026. The company reported 5,756,852 common shares outstanding as of March 11, 2026, with an aggregate market value of non-affiliate shares of $66.1M as of June 30, 2025. It operates 18 branches serving Ohio and West Virginia markets, ranking fourth in deposit market share in Belmont County.

  • ·Headquartered in Martins Ferry, Ohio; incorporated July 8, 1983.
  • ·Serves Belmont, Harrison, Jefferson, Tuscarawas, Carroll, Athens, Hocking, and Fairfield counties in Ohio, and Ohio and Marshall counties in West Virginia.
  • ·Annual shareholders meeting scheduled for April 22, 2026.
  • ·Classified as a smaller reporting company and non-accelerated filer.
Abacus Global Management, Inc.8-Kneutralmateriality 8/10

18-03-2026

Abacus Global Management, Inc. dismissed Grant Thornton LLP as its independent auditor and engaged KPMG LLP on March 16, 2026, with no disagreements, reportable events, or audit qualifications in prior reports for fiscal years 2024 and 2025. The Board appointed William McCauley as Chief Operating Officer on March 12, 2026, alongside salary increases for CEO Jay Jackson to $725,000 and McCauley to $500,000, plus performance-based RSUs and cash bonuses tied to 2026 Adjusted Net Income targets of $96M (target) and $192M (stretch). These incentives also include market cap triggers at $1.5B and one-time equity bonuses of up to 2M shares for Jackson and 1M for McCauley, pending shareholder approval of the 2026 LTIP.

  • ·RSUs vest over three years post-determination date if performance targets met, with interpolation between 0-200% of target.
  • ·One-time equity bonuses contingent on 2026 market cap or AUM targets.
  • ·Auditor change effective immediately on March 16, 2026; GT letter dated March 18, 2026 filed as Exhibit 16.1.
  • ·Company's common stock trades as ABX and 9.875% Fixed Rate Senior Notes due 2028 as ABXL on NYSE.
Envela Corp10-Kmixedmateriality 9/10

18-03-2026

Envela Corp reported consolidated sales growth of 33.6% YoY to $241.0M for the year ended December 31, 2025, driven by strong 47.7% increase in Consumer segment sales to $192.7M, while Commercial segment sales declined 3.2% to $48.3M. Gross margin dollars rose to $53.9M but the margin percentage compressed to 22.4% from 24.6% due to higher COGS as a percentage of sales (77.6% vs. 75.4%); however, operating income improved significantly to $18.1M (7.5% of sales) from $8.2M, resulting in net income of $14.6M (up from $6.8M).

  • ·EPS increased 115.4% YoY to $0.56 from $0.26.
  • ·Consolidated SG&A expenses decreased slightly to $33.9M (14.1% of sales) from $34.6M (19.2% of sales).
  • ·Commercial COGS declined 19.4% to $17.3M, improving to 35.8% of Commercial sales from 43.0%.
  • ·Income tax expense rose 107.1% to $4.1M.
HOME DEPOT, INC.10-Kmixedmateriality 10/10

18-03-2026

Home Depot's FY2025 net sales rose 3.2% YoY to $164.7B from $159.5B, supported by a 1.4% increase in average ticket to $90.56 despite a 2.2% drop in customer transactions to 1,601.5 million. However, comparable sales grew only 0.3% (flat), operating income declined 2.9% to $20.9B, net earnings fell 4.3% to $14.2B, and diluted EPS decreased 4.6% to $14.23. ROIC also dropped sharply to 25.7% from 31.3%.

  • ·Total stockholders’ equity increased to $12.8B from $6.6B YoY.
  • ·Short-term debt rose sharply to $4.5B from $0.3B.
  • ·Merchandise inventories grew to $25.8B from $23.5B.
  • ·FY2024 included 53 weeks vs 52 weeks in FY2025.
DOW INC.DEFA14Aneutralmateriality 4/10

18-03-2026

Dow Inc. filed a DEFA14A additional proxy statement supplement on March 18, 2026, covering the year ended December 31, 2025, with standard disclaimers on forward-looking statements, risks, and uncertainties that could materially impact the business. The filing details non-GAAP financial measures such as Operating EBIT, Operating EBITDA, Free Cash Flow, and others used for internal planning and investor insights, noting they are not substitutes for GAAP measures. It references Kuwait and Thai Joint Ventures without providing specific financial data or comparisons.

Seven Hills Realty TrustDEFA14Aneutralmateriality 6/10

18-03-2026

Seven Hills Realty Trust issued Definitive Additional Proxy Materials (DEFA14A) on March 18, 2026, for its 2026 Annual Meeting scheduled virtually on June 9, 2026, at 1:30 p.m. ET. Shareholders are voting on the election of three trustees—Ann M. Danner and William A. Lamkin (Independent Class I), and Matthew P. Jordan (Managing Trustee Class I)—and ratification of Deloitte & Touche LLP as independent auditors for the 2026 fiscal year. Voting must occur by June 8, 2026, 11:59 PM ET, with proxy materials available online or requestable in paper/email by May 26, 2026.

  • ·Meeting attendance: Virtually at https://www.virtualshareholdermeeting.com/SEVN2026
  • ·Proxy material request methods: www.ProxyVote.com, call 1-800-579-1639, or email sendmaterial@proxyvote.com (include control number)
  • ·Company address: 255 Washington Street, Suite 300, Newton, Massachusetts 02458
UNIVERSAL ELECTRONICS INC8-Kneutralmateriality 5/10

18-03-2026

On March 13, 2026, Ramzi Ammari, Senior Vice President of Corporate Planning and Strategy at Universal Electronics Inc. (UEIC), notified the company of his decision to retire effective May 29, 2026. In connection with his retirement, UEIC entered into a letter agreement providing for severance payments equal to his current base salary from the termination date through May 29, 2026, if he is terminated without cause prior to retirement, subject to signing a separation agreement. The 8-K filing was submitted on March 18, 2026, and signed by Richard K. Carnifax, Interim Chief Executive Officer.

  • ·UEIC common stock trades under symbol UEIC with par value $0.01 per share.
  • ·Principal executive offices: 15147 N. Scottsdale Road, Suite H300, Scottsdale, Arizona 85254-2494; Phone: (480) 530-3000.
FIVE BELOW, INC8-Kmixedmateriality 9/10

18-03-2026

Five Below, Inc. reported strong Q4 FY25 results with net sales up 24.3% YoY to $1.73B and comparable sales +15.4%; FY25 net sales rose 22.9% YoY to $4.76B with comparable sales +12.8%. GAAP diluted EPS increased 26.3% YoY to $4.28 in Q4 and 40.7% to $6.47 FY25, while operating income grew to $310.9M in Q4 and $457.4M FY. However, FY25 net new stores opened totaled 150, down from 227 in FY24.

  • ·Q1 FY26 outlook: net sales $1.18B-$1.20B (comp sales +14-16%), adjusted diluted EPS $1.57-$1.69.
  • ·FY26 outlook: net sales $5.20B-$5.30B (comp sales +3-5%), adjusted diluted EPS $7.74-$8.25, capex $230M-$250M.
  • ·Total assets $4.94B as of Jan 31, 2026, up from $4.34B prior year.
  • ·Effective tax rate Q4 FY25 24.8% vs 25.2% prior.
FRANKLIN COVEY CO8-Kneutralmateriality 4/10

18-03-2026

Franklin Covey Co. (NYSE: FC) announced its second quarter 2026 financial results will be released after market close on April 1, 2026, with a conference call to review them at 5:00 p.m. ET (3:00 p.m. MT) the same day. Interested parties can access a live webcast or register for telephone participation, with a replay archived on the company's website for at least 30 days. No financial metrics or period comparisons were disclosed in this filing.

  • ·Filing date: March 18, 2026
  • ·Webcast access: https://edge.media-server.com/mmc/p/qux2545x
  • ·Telephone registration: https://register-conf.media-server.com/register/BI2c1e170bc74e4643ad0d7d53976bef49
Avidbank Holdings, Inc.10-Kneutralmateriality 5/10

18-03-2026

Avidbank Holdings, Inc. filed its 10-K annual report on March 18, 2026, emphasizing a strategic focus on expanding its deposit base via commercial relationships, treasury management services, and specialized deposit products to enhance liquidity and non-interest income. The filing provides explanations of regulatory capital metrics like CET1 ratio and discloses extensive risk factors, including geographic concentration in the California Bay Area, volatile nonperforming assets, dependency on large depositors and borrowers, liquidity risks, and regulatory restrictions on dividends. In Q4 2025, 4,810 shares of common stock were surrendered by employees for tax withholding obligations related to restricted stock vesting at an average price of $25.12 per share, with none purchased under a public repurchase program and 282,433 shares remaining authorized.

  • ·Share surrenders not part of publicly announced repurchase program.
  • ·CET1 Risk-Based Capital Ratio excludes accumulated other comprehensive income per one-time election.
AeroVironment Inc8-Kneutralmateriality 6/10

18-03-2026

On March 12, 2026, Brad Truesdell, Executive Vice President and Chief Operating Officer of AeroVironment Inc., notified the company of his intention to retire effective upon the appointment of his successor, with plans to remain in his role during the transition and serve as a consultant thereafter. The company is actively searching for a new principal operating officer to ensure a smooth handover. No details on compensation, successor timeline, or financial impact were disclosed.

  • ·Filing submitted on March 18, 2026 under Items 5.02 and 9.01
  • ·Common Stock: $0.0001 par value, traded as AVAV on NASDAQ
Ovid Therapeutics Inc.10-Kmixedmateriality 9/10

18-03-2026

Ovid Therapeutics Inc. reported total revenue of $7.3M for the year ended December 31, 2025, a sharp increase from $0.6M in 2024 driven by license and other revenue. Operating expenses declined 20% to $49.7M, narrowing the net loss to $17.4M from $26.4M and improving loss from operations to $42.4M from $61.9M. However, cash used in operating activities was $38.3M (improved from $56.0M but still significant), investing activities used $49.9M net cash (vs. provided $54.6M prior), and cash equivalents dropped to $13.2M from $26.3M amid a $13.1M net decrease.

  • ·Common shares issued and outstanding increased to 130.2M from 71.0M due to conversions of Series A and B preferred stock.
  • ·Proceeds from private placement financing, net of costs: $75.1M in 2025.
  • ·Issuance of Series A warrants: $13.8M to additional paid-in capital; Series B warrants: $17.7M.
  • ·Stock-based compensation expense declined to $4.8M from $6.3M.
  • ·No provision for income taxes in either year.
TEN Holdings, Inc.8-Kmixedmateriality 8/10

18-03-2026

TEN Holdings, Inc. reported FY2025 total revenues of $3.1M, down 11.4% YoY from $3.5M in FY2024, primarily due to a $0.5M decline in virtual/hybrid events, though physical events grew $0.1M; gross margin fell 2.8% to 78.6%. Net loss widened sharply to $19.5M or $(8.58)/share from $3.0M or $(1.78)/share, driven by SG&A expenses surging 183% to $15.3M (including $10M non-cash). Positively, new customers more than doubled to 16 from 6, cash rose to $1.6M from $48K, and strategic partnerships with Webinar.net and V-Cube are expected to drive future efficiency and growth.

  • ·Virtual/hybrid events revenue decreased $0.5M YoY due to non-repeating event series with largest customer.
  • ·Physical events revenue increased $0.1M YoY from more deals closed.
  • ·Net cash used in investing activities: $847K in FY2025 vs. $1.04M in FY2024.
  • ·Estimated annual savings from Webinar.net partnership: $1.2M-$1.7M.
HILLS BANCORPORATION10-Kmixedmateriality 9/10

18-03-2026

Hills Bancorporation reported total assets of $4.57B as of December 31, 2025, up 4.5% YoY from $4.37B, with net loans growing 2.1% to $3.46B and net income surging 27.1% to $60.5M (EPS $6.81). Net interest income rose sharply 29.0% to $153.7M, driven by higher loan yields (5.66% vs 5.30%) and improved net interest margin (3.45% vs 2.78%), while interest expense declined 4.6% to $83.6M. However, time deposits fell 5.1% to $870.3M, interest-bearing demand deposits decreased 1.9% to $901.2M, and reliance on borrowings increased with other short-term borrowings at $297.7M (up from $332.8M prior but elevated vs 2023).

  • ·Noninterest-bearing demand deposits increased 2.3% YoY to $577.6M.
  • ·Savings deposits grew 11.2% YoY to $992.1M.
  • ·Other short-term borrowings $297.7M (down 10.5% YoY from $332.8M but up significantly from 2023 $214.3M).
  • ·FHLB borrowings $344.95M (up 80.3% YoY from $191.35M).
  • ·Taxable securities up 9.3% YoY to $605.7M.
  • ·Redeemable common stock held by ESOP $52.7M.

Get daily alerts with 12 investment signals, 10 risk alerts, 10 opportunities and full AI analysis of all 50 filings

🇺🇸 More from United States

View all →
Dow Jones 30 Stocks SEC Filings — March 18, 2026 | Gunpowder Blog