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Global High-Priority Regulatory Events — March 16, 2026

Global High Priority Market Events

50 high priority50 total filings analysed

Executive Summary

Across 50 filings in the 'Global High Priority Market Events' stream (US SEC focus, March 16, 2026), dominant themes include a surge in M&A/takeovers (9 filings: Interactive Strength-Ergatta close, Axalta-AkzoNobel merger, Urgent.ly-Agero acquisition), SPAC/de-SPAC extensions/promotions (Xanadu, FACT II, Trailblazer), and financial distress in Indian firms (MTNL defaults ₹2,096 Cr overdue, Quadrant CIRP extension to May 30, 2026). Period-over-period trends show mixed revenue performance (avg -5% YoY in media/tech like Townsquare -5.2%, iQIYI -6.6%; +30-50% in select fintech/energy like Figure Tech +48.7%, WaterBridge +66%), with net losses narrowing in 6/15 reporting cos (e.g., Blend Labs -84% YoY to $7M, Urgent.ly Q4 op loss -46%) but widening in biotechs/distressed (Alto +3%, Vanguard +62-125%). Capital allocation leans defensive (Airbnb $2.5B debt refinance to 2029-2036 despite +4.4-5.25% rates; PCB dividends +11% to $0.80/share), while forward-looking catalysts cluster in H2 2026 (merger closes, proxy votes). Portfolio-level patterns flag Indian insolvency risks (3/50 negative sentiment), US M&A bullishness (positive in 70% deals), and SPAC liquidity pressures (redemptions driving trust declines). Critical implications: Opportunistic M&A in tech/defense, avoid Indian telecom distress, monitor SPAC extensions for dilution.

Tracking the trend? Catch up on the prior Global High-Priority Regulatory Events digest from March 15, 2026.

Investment Signals(12)

  • Board-approved $79.4M performance shares to 5 execs vesting at $100-133/share hurdles over 7yrs from Mar 15, 2026, aligning mgmt with shareholders, reducing future time-vests

  • Interactive Strength (TRNR)(BULLISH)

    Completed Ergatta acquisition Mar 11, 2026 w/ $3.5M cash + $5.25-9.5M pref stock + earnouts, expanding fitness portfolio; pro forma to file by May 27

  • FY2025 net income +45% YoY to $37.5M, NII +17% to $104M, ROA 1.15% (vs prior lower), dividends +11% to $0.80/share, payout 31%

  • Figure Technology Solutions (FIGR)(BULLISH)

    FY2025 revenue +48.7% YoY to $507M, net income +574% to $134M, adj EBITDA +149% to $251M on ecosystem vol +54% to $9.1B

  • FY2025 rev +66% YoY to $525.6M, produced water vols +64% to 1,920 MBbl/d, adj EBITDA +68% to $254M despite skim oil price -25%

  • Blend Labs(BULLISH)

    FY2025 rev +7% YoY to $123.6M (Consumer Banking +34%), gross margin +74%, op cash flow +$14.4M positive vs -$8.2M prior, net loss -84% to $7M

  • Nov 2025 all-stock merger w/ AkzoNobel (0.6539 shares/Axalta share, 45% pro forma own), €2.5B div + synergies, close late 2026-early 2027

  • Armada Hoffler (AHRT)(BULLISH)

    $562M sale of 11 multifamily props to Harbor Group (close mid-2026), +$63M financing invts, delever to 5.5-6.5x net debt/EBITDA

  • CyPath Lung rev +87% YoY to $963K on 99% more tests (>1,200), total rev -34% strategic but $16.9M equity raise funds ops

  • FY2025 op income +104% YoY to $44.2M on impairments -76%, SBC -20%, despite rev -5.2% and net loss -11% to $9.8M

  • iQIYI(BEARISH)

    FY2025 rev -6.6% YoY to RMB27.3B, op income -87% to RMB229M, swung to net loss RMB204M on all segments down (memb -5.4%, adv -9.1%)

  • LivePerson (LPSN)(BEARISH)

    FY2025 rev -22% YoY to $243.7M, broad op ex declines (headcount -41% prod dev) but restructuring +5% to $11.7M signals distress

Risk Flags(10)

  • Mahanagar Telephone Nigam (MTNL)/Default[HIGH RISK]

    Continued defaults on ₹2,096 Cr principal + interest to 7 banks as of Feb 28, 2026, total debt ₹36,216 Cr, NPAs since Aug 2024

  • NCLT extended CIRP 90 days to May 30, 2026 (from Mar 2), 8 PRAs but no resolution since Sep 2025 initiation

  • FY2025 net loss +3% YoY to $63.2M, op ex -3% but cash ops used +9% to $51.8M, term loan +62% to $16.7M

  • $2.5B notes close Mar 16, 2026 refinance $2B 0% converts but rates 4.4-5.25% hike interest expense

  • Townsquare Media[MEDIUM RISK]

    FY2025 rev -5.2% YoY, broadcast adv -12.6%, CFO $30.6M -37%, interest ex +32% to $47.9M, equity deficit -$41M

  • iQIYI[HIGH RISK]

    FY2025 all segments decline (memb -5.4%, adv -9.1%), op income -87%, net loss RMB204M vs profit prior, EPS -$0.03 vs $0.79

  • FY2025 rev -10% YoY to $129.2M despite Q4 +4%, cash -$5.3M, liabilities +5% to $90.1M, guidance suspended

  • Aemetis (AMTX)[HIGH RISK]

    FY2025 India Biodiesel vol -72% util to 14%, glycerin -85%, ethanol vol -7%, capacity util -6% despite some price gains

  • LivePerson (LPSN)[HIGH RISK]

    FY2025 rev -22% YoY, goodwill impair -31%, headcount cuts signal distress, restructuring costs +5%

  • Q2 2026 net loss +62-125% YoY to $47K/$30K, assets -67% to $5K, cash $55, dir loans +9%

Opportunities(10)

Sector Themes(6)

  • M&A/Takeover Surge

    9/50 filings (18%) detail deals (Interactive-Ergatta close, Axalta-Akzo all-stock, Urgent-Agero, Kennedy-Wilson amend), positive sentiment 78%, cluster closes H2 2026, implies arb opps + sector consol

  • Indian Financial Distress

    5/50 (10%) negative/mixed (MTNL ₹36K Cr debt defaults, Quadrant CIRP to May'26, Bhagyanagar scheme, Nidhi disposal), avg materiality 9/10, signals avoid telecom/utils, potential restruct turnarounds

  • SPAC Extensions/Promotions

    6/50 active (Trailblazer vote Mar27 extend to Jun30, FACT II investor day, Xanadu 425s hype photonic QC, NewHold IV $175M IPO), trust declines (e.g., Mtn Crest -27%), watch redemptions/dilution

  • Media/Tech Revenue Declines

    6/15 reporters avg -10% YoY rev (Townsquare -5%, iQIYI -7%, LivePerson -22%, Urgent FY -10%), but op leverage (Townsquare +104% income, Blend +cash flow), cost cuts key to recovery

  • Debt Refinance/Mixed Capital Alloc

    4 cases (Airbnb $2.5B higher rate extend, MSC $150M 6.34% notes, WaterBridge int ex +29%), dividends steady (PCB +11%), no buybacks, delever focus amid rising rates

  • Biotech/Health Mixed Recovery

    5 filings avg rev flat/-20% but diagnostics growth (bioAffinity +87% CyPath), mgmt changes (KORU CEO transition Jul1), Alto loss +3%, implies select precision med opps

Watch List(8)

  • Monitor close late 2026-early 2027 (longstop May18 extendable Nov18), €900M disposals + synergies for IG ratings [H2 2026]

  • Quadrant Televentures CIRP
    👁

    8 PRAs, extension to May30, 2026; watch resolution or further delays post Mar11 hearing [May 30, 2026]

  • Special mtg Mar27 vote charter extend to Jun30, 2026 for Cyabra deal or liquidate Mar30 [Mar 27, 2026]

  • Merger amend Mar15 req 2/3 vote excl security holders; watch shareholder vote timing [Near-term]

  • Ferguson Enterprises (FERG) AGM
    👁

    Apr30, 2026 virtual mtg vote 11 directors, auditors, exec comp; FY trans to Dec31 complete [Apr 30, 2026]

  • Interactive Strength Pro Forma
    👁

    Ergatta financials amendment by May27, 2026 post-Mar11 close; assess integration metrics [May 27, 2026]

  • Definitive agreement announced, earnings call canceled, guidance suspended; track close/approval [Near-term]

  • KORU Medical CEO Transition
    👁

    Linda Tharby retires Jun30, Adam Kalbermatten CEO Jul1, 2026; monitor exec retention/strat shift [Jul 1, 2026]

Filing Analyses(50)
Sotera Health Co8-Kneutralmateriality 5/10

16-03-2026

Constantine S. Mihas resigned as a Class I director of Sotera Health Company effective March 16, 2026, due to a reduction in the number of directors certain stockholders are entitled to designate, with no disagreements on company matters. The Board appointed Kenneth D. Krause, Executive Vice President and Chief Financial Officer of Rollins, Inc., as a replacement Class I director effective the same date; he will serve on the Audit and Litigation Committees and is deemed independent under Nasdaq rules. Mr. Krause brings extensive finance leadership experience from Rollins (since September 2022) and MSA Safety (2006-2022).

  • ·Resignation notified on March 12, 2026; appointment on March 15, 2026.
  • ·Mr. Krause previously served as SVP, CFO, Chief Strategy Officer, and Treasurer at MSA Safety from December 2015 to September 2022.
  • ·Mr. Krause holds a BS in Business Administration (Accounting) from Slippery Rock University, MBA from University of Pittsburgh Katz Graduate School, and is a CPA (inactive) in Pennsylvania.
  • ·Compensation per non-employee director policy in April 10, 2025 Proxy Statement: annual cash retainer and RSUs.
  • ·Customary indemnification agreement; no arrangements or reportable transactions under Item 404(a).
Victory Capital Holdings, Inc.8-Kpositivemateriality 8/10

16-03-2026

On March 13, 2026, the Board of Victory Capital Holdings, Inc. approved a one-time grant of performance-based restricted stock awards (Performance Shares) to five key executives under the 2018 Equity Plan, totaling approximately $79.4M in grant value based on the March 13 closing stock price. The awards vest in 25% tranches upon achieving stock price hurdles of $100.01 (50% appreciation), $110.01 (65%), $120.01 (80%), and $133.34 (100%) over a seven-year measurement period starting March 15, 2026, with a one-year post-vesting hold requirement. This grant aims to align executive interests with stockholders, promote retention, and reduce future time-vested grants starting 2026.

  • ·Measurement period: seven years commencing March 15, 2026; hurdles achieved if average closing price meets target for five consecutive trading days.
  • ·Performance Shares forfeit if hurdles not met by end of measurement period.
  • ·No acceleration or continued vesting upon termination except for David C. Brown per employment agreement.
  • ·Future annual time-vested grants to recipients expected to decrease starting 2026.
Interactive Strength, Inc.8-Kpositivemateriality 9/10

16-03-2026

Interactive Strength Inc. (TRNR) completed its acquisition of Ergatta, Inc. on March 11, 2026, through a merger making Ergatta a wholly owned subsidiary, with total consideration including $3.5M cash ($1.75M paid upfront, subject to adjustments, and $1.75M deferred via a senior secured promissory note maturing April 30, 2027) and Series D1 Convertible Preferred Stock valued between $5.25M and $9.5M. Equity incentives to Ergatta's senior management included Series D2 Preferred Stock (up to $2M) and Series D3 Preferred Stock (up to $1M). Ergatta stockholders may receive additional milestone-based earnouts; required financial statements and pro forma information will be filed by amendment no later than May 27, 2026.

  • ·Merger Agreement originally dated February 18, 2026.
  • ·Series D Preferred Stock issued exempt from registration under Section 4(a)(2) of the Securities Act of 1933.
  • ·Financial statements and pro forma information for Ergatta to be filed by amendment no later than May 27, 2026 (71 days after original due date).
Xanadu Quantum Technologies Ltd425positivemateriality 8/10

16-03-2026

This Form 425 filing contains a transcript of Xanadu Quantum Technologies Inc. CEO Christian Weedbrook's March 16, 2026, interview on the Decode Quantum podcast, discussing the pending business combination with Crane Harbor Acquisition Corp. to go public via SPAC, highlighting Xanadu's history from 2016 inception with $2.5M initial funding, photonic quantum computing advantages including room-temperature qubits and networking scalability, and the 2022 Gaussian Boson Sampling (GBS) quantum advantage demonstration as a stepping stone to fault-tolerant GKP qubits. No financial declines or flat metrics are mentioned, with emphasis on technical progress and foundry partnerships.

  • ·Xanadu founded in 2016 after CipherQ (2014, quantum security/QKD focus); uses silicon nitride, lithium niobate, and III/V materials across three chip types.
  • ·Partners with foundries including Global Foundries, Albany Nanotech (NY Creates), Tower Semiconductors, UMC (Taiwan), A*Star IME (Singapore), and Imec (Belgium) for low-loss photonic components.
  • ·GBS demonstration (2022, Nature paper) uses continuous variables to create GKP states via squeezed states, interferometers, and heralding; qubits/gates/measurements at room temperature, with cryogenic initialization only for TES detectors.
Airbnb, Inc.8-Kmixedmateriality 9/10

16-03-2026

Airbnb, Inc. closed a $2.5B public offering of senior notes on March 16, 2026, comprising $850M 4.400% notes due 2029, $850M 4.650% notes due 2031, and $800M 5.250% notes due 2036, under an underwriting agreement dated March 12, 2026, with BofA Securities, Inc., Goldman Sachs & Co. LLC, and Morgan Stanley & Co. LLC as representatives. Net proceeds were used to repay $2.0B of maturing 0% convertible senior notes due March 2026, successfully refinancing short-term obligations with longer maturities to 2029-2036. However, the new notes carry higher interest rates of 4.4%-5.25% compared to 0%, increasing the company's future interest expense.

  • ·Notes redeemable prior to Par Call Dates at Treasury Rate plus 10 bps (2029), 15 bps (2031), or 20 bps (2036).
  • ·Par Call Dates: February 16, 2029 (2029 Notes), February 16, 2031 (2031 Notes), December 16, 2035 (2036 Notes).
  • ·Change of Control Triggering Event allows holders to require repurchase at 101% of principal.
  • ·Indenture covenants limit liens, sale-leasebacks, and mergers; events of default include payment defaults and acceleration of other indebtedness over $250M.
Axalta Coating Systems Ltd.425positivemateriality 9/10

16-03-2026

AkzoNobel and Axalta agreed in November 2025 to an all-stock merger of equals, with Axalta shareholders receiving 0.6539 AkzoNobel shares per Axalta share, yielding pro forma ownership of 55% for AkzoNobel shareholders and 45% for Axalta shareholders. The transaction, expected to close in late 2026 to early 2027 (longstop May 18, 2027, extendable to November 18, 2027), involves AkzoNobel paying a €2.5B special cash dividend and refinancing Axalta's ~$1.5B term loan due 2029, supported by strong cash flows, synergies, and funding from notes, commercial paper, disposals (~€900M from AkzoNobel India), and facilities. The combined Netherlands-domiciled company will have dual headquarters in Amsterdam and Philadelphia, sole NYSE listing post-dual period, and target net leverage of 2.0-2.5x while maintaining investment grade ratings.

  • ·Merger agreed in November 2025; initial longstop date May 18, 2027, extendable to November 18, 2027.
  • ·Axalta term loan due in 2029; Axalta plans partial paydown with 2026 free cash flow.
  • ·Combined company organized under AkzoNobel N.V. (to be renamed), tax residency Netherlands, dual HQ Amsterdam/Philadelphia, sole NYSE listing after dual listing period.
  • ·Financing includes senior unsecured notes, commercial paper, balance sheet cash, RCF expiring March 2031, and optional bridge loan.
FACT II Acquisition Corp.425positivemateriality 8/10

16-03-2026

FACT II Acquisition Corp. and Precision Aerospace & Defense Group, Inc. (PAD) hosted an Investor Day on March 12, 2026, to discuss their proposed business combination, highlighting PAD's projected pro forma $130.8M revenue and $25.2M EBITDA across engineering/sustainment, precision manufacturing, and advanced non-destructive testing segments. Leaders emphasized strong market tailwinds in aerospace & defense (31% of end markets), commercial aviation (50%), space, and energy, with a proven M&A strategy for growth; no historical declines or flat performance were disclosed, focusing solely on forward-looking opportunities amid rising U.S. defense budgets projected at $1T for 2026 and $1.5T for 2027.

  • ·PAD scales manufacturing and engineering services directly to DoD, major OEMs, and Tier 1 suppliers.
  • ·Three existing business lines: Engineering and Sustainment, Precision Manufacturing, Advanced Non-Destructive Testing; fourth line under creation.
  • ·Portfolio includes case studies from owned companies with leadership presentations.
  • ·Historical experience growing telecom/counter communications company from $100M to $1B sales with 10,000 employees across 40 locations.
  • ·300,000 square foot secure facility (skiff) experience in prior roles.
UnknownIPO Listingmateriality 6/10

16-03-2026

Mahanagar Telephone Nigam LimitedDefaultnegativemateriality 10/10

16-03-2026

Mahanagar Telephone Nigam Limited (MTNL) has informed stock exchanges of continued defaults in principal instalments and interest payments to seven banks as of February 28, 2026, with total outstanding bank borrowings at ₹9,188 Cr and overdue principal aggregating ₹2,096 Cr. Total financial indebtedness stands at ₹36,216 Cr, including ₹24,071 Cr in SG Bonds and ₹2,957 Cr loan from DoT. This follows multiple prior disclosures since July 2024, with NPA declarations starting from August 2024.

  • ·NPA dates: UBI (12-08-2024), BOI (04-09-2024), PNB (09-09-2024), SBI (28-09-2024), UCO (28-09-2024), PSB (08-10-2024), IOB (03-02-2025)
  • ·Overdue principal per bank: UBI (₹760 Cr), BOI (₹376 Cr), PNB (₹232 Cr), SBI (₹314 Cr), UCO (₹246 Cr), PSB (₹168 Cr)
Bhagyanagar India LimitedInsolvencypositivemateriality 8/10

16-03-2026

Bhagyanagar India Limited disclosed the voting results of the NCLT-convened meeting of trade creditors of its wholly-owned subsidiary Bhagyanagar Copper Private Limited, held on March 14, 2026, which unanimously approved (100% in favor, value ₹285.04 Cr) the Composite Scheme of Arrangement. The scheme involves amalgamation of Bhagyanagar Copper Private Limited with Bhagyanagar India Limited and demerger of a specified business undertaking from Bhagyanagar India Limited to its wholly-owned subsidiary Tieramet Limited. No votes were cast against the resolution, meeting the required three-fourths in value threshold.

  • ·NCLT order date for convening meeting: January 29, 2026
  • ·Record date for trade creditors: November 30, 2025
  • ·Notice sent to creditors: February 11, 2026
  • ·Notice published: February 12, 2026
  • ·Minimum quorum: 5 trade creditors (requisite quorum present)
UnknownRate Changemixedmateriality 8/10

16-03-2026

RBI released money market operations data as on March 14, 2026, showing zero volumes across overnight and term segments with no transactions reported. Today's RBI operations resulted in net liquidity absorption of ₹3,13,714 Cr primarily from high SDF utilization of ₹3,13,868 Cr, leading to overall net liquidity absorption of ₹2,09,803 Cr including outstanding operations. However, scheduled commercial banks' cash balances with RBI stood at ₹7,42,423 Cr against an average CRR requirement of ₹7,63,554 Cr, supported by a net durable liquidity surplus of ₹5,60,171 Cr as of February 15, 2026.

  • ·MSF utilization: ₹154 Cr (1-day tenor at 5.50%) and zero for 2-day tenor.
  • ·Outstanding repo operations: ₹12,651 Cr at 5.34% and ₹1,03,875 Cr at 5.26%, both 90-day tenor maturing April 30, 2026.
  • ·Government of India surplus cash balance reckoned for auction as on March 13: ₹0 Cr.
  • ·All money market segments (Call Money, Triparty Repo, Market Repo, Repo in Corporate Bond, Notice Money, Term Money) reported zero volumes.
UnknownRate Changenegativemateriality 9/10

16-03-2026

RBI's press release on money market operations as of March 15, 2026, reports zero volumes across all overnight and term money market segments, indicating no transactions. RBI absorbed liquidity through SDF operations of ₹3,13,385 Cr at 5.00% and MSF of ₹397 Cr at 5.50%, leading to a daily net absorption of ₹3,12,988 Cr and overall net liquidity injection of -₹2,08,219 Cr. Scheduled commercial banks' cash balances with RBI at ₹7,43,332 Cr fell short of the average daily cash reserve requirement of ₹7,63,554 Cr by about 2.65%.

  • ·Money market volumes (one leg) zero across all overnight segments (Call Money, Triparty Repo, Market Repo, Repo in Corporate Bond).
  • ·Money market volumes zero across all term segments (Notice Money, Term Money, Triparty Repo, Market Repo, Repo in Corporate Bond).
  • ·Government of India surplus cash balance as on March 13, 2026: ₹0 Cr.
  • ·No fixed rate or variable rate repo/reverse repo operations today.
Nidhi Granites LimitedRegulatory Actionneutralmateriality 7/10

16-03-2026

Nidhi Granites Limited announced that its wholly-owned subsidiary, SPNP Paper and Pack Private Limited, entered into a Share Purchase Agreement on March 16, 2026, to sell 100% of its shareholding in step-down subsidiary Fine Papyrus Private Limited to NGL Corporation Private Limited for a cash consideration of ₹3.25 Cr. The disposal, part of business restructuring in the paper and packaging industry, is expected to complete within 30 days and requires no governmental approvals or related party considerations. Upon completion, Fine Papyrus will cease to be a step-down subsidiary.

  • ·Fine Papyrus Private Limited shares were originally acquired at face value of ₹10 per equity share.
  • ·Transaction does not qualify as related party transaction; no promoter group interest in buyer.
Patel Integrated Logistics LimitedIPO Listingneutralmateriality 3/10

16-03-2026

The Board of Directors of Patel Integrated Logistics Limited approved the voluntary delisting of its Equity Shares from the Calcutta Stock Exchange Limited (CSE) on March 16, 2026, subject to regulatory approvals. The shares will continue to remain listed and traded on BSE Limited and National Stock Exchange of India Limited. Shareholders are unaffected as CSE lacks an active trading platform.

  • ·Board meeting held on March 16, 2026, from 12:30 P.M. to 02:00 P.M.
  • ·Refers to prior letter dated March 11, 2026.
UnknownRumour Verificationmixedmateriality 7/10

16-03-2026

Bandhan Bank clarified under SEBI LODR Regulation 30 that it is unaware of any negotiations on promoter stake sale or IPO, as rumored in a Moneycontrol article dated March 16, 2026, which triggered a 12.22% stock price decline from ₹175.60 to ₹154.15 on the same day. The bank reiterated its prior clarification from March 9, 2026, stating no material information is withheld, no regulatory proceedings exist, and the price movement is purely market-driven with no material impact from the article.

  • ·BSE Scrip Code: 541153; NSE Symbol: BANDHANBNK
  • ·Reference to prior clarification: Ref. No. BBL/SEC/225/2025-26 dated March 09, 2026
Pulsar International LimitedRumour Verificationneutralmateriality 4/10

16-03-2026

Pulsar International Limited (Scrip Code: 512591) has clarified that it has no association with unauthorized Telegram channels like 'The Stock Market Live', 'Bull Bear Hub', and others circulating false claims on dividends, financial performance, and stock recommendations. Investors are advised to rely solely on official sources such as stock exchange filings, the company's website, and official communications. The notice, dated March 16, 2026, is issued by Arvind Parmar, Chairman and Managing Director.

  • ·Scrip Code: 512591
  • ·Telegram channels named: 'The Stock Market Live', 'Bull Bear Hub', 'Stock That Rock', 'Chase Alpha', 'Share Bajar News Live 2', 'Live News Share Market', 'Manish Traders Help'
Alto Neuroscience, Inc.10-Kmixedmateriality 10/10

16-03-2026

Alto Neuroscience reported a net loss of $63.2M for the year ended December 31, 2025, widening 3% YoY from $61.4M, primarily due to lower interest income, interest expense, and a $0.7M loss on debt extinguishment, despite a 3% reduction in total operating expenses to $66.4M from $68.6M. Cash and equivalents increased 5% to $176.5M, bolstered by $60.1M in financing activities including a private placement, though net cash used in operations rose 9% to $51.8M. Stockholders' equity remained nearly flat at $151.1M, down slightly from $151.5M.

  • ·Term loan increased to $16.7M non-current from $10.3M.
  • ·Stock-based compensation expense rose to $8.1M from $7.6M.
  • ·Private placement proceeds $50.0M net of costs.
  • ·IPO in 2024 raised $133.0M net.
  • ·Total liabilities increased to $33.5M from $26.1M.
Quadrant Televentures LimitedInsolvencynegativemateriality 10/10

16-03-2026

The National Company Law Tribunal (NCLT) Mumbai Bench extended the Corporate Insolvency Resolution Process (CIRP) for Quadrant Televentures Limited by 90 days from March 2, 2026, to May 30, 2026, as the first extension beyond 180 days. Form-G has been issued and 8 Prospective Resolution Applications (PRAs) received, but no resolution has been finalized, with CIRP ongoing since September 2, 2025. This indicates prolonged insolvency proceedings without a successful outcome yet.

  • ·CIRP initiated under NCLT order dated September 2, 2025.
  • ·Hearing held on March 11, 2026, for IA(I.B.C)/986(MB)2026 in C.P. (IB)/472(MB)2024.
  • ·Disclosure filed under Regulation 30 of SEBI Listing Regulations.
COSTAR GROUP, INC.8-Kpositivemateriality 6/10

16-03-2026

CoStar Group, Inc. (NASDAQ: CSGP) appointed Nana Banerjee as a new independent director to its Board of Directors, effective immediately on March 16, 2026, expanding the board to nine members with eight independent directors. Banerjee brings over two decades of experience in leading technology, data, AI, and analytics businesses from roles including CEO of Pelmorex Corp., Senior Managing Director at Cerberus Capital Management, and CEO of McGraw-Hill. The appointment supports the company's long-term growth strategy in AI and advanced analytics, as stated by CEO Andy Florance and Board Chair Louise Sams.

  • ·CoStar Group’s websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025.
  • ·Founded in 1986 and headquartered in Arlington, Virginia.
Kennedy-Wilson Holdings, Inc.8-Kneutralmateriality 9/10

16-03-2026

Kennedy-Wilson Holdings, Inc. executed an Amendment dated March 15, 2026, to its Agreement and Plan of Merger originally dated February 16, 2026, with Kona Bidco, LLC (Parent) and Kona Merger Subsidiary, Inc. (Merger Sub). The amendment restates Section 4.05 to require (a) a majority vote of Company Voting Stock (Common Stock, Series A Preferred on as-converted basis, Series B and C Preferred based on warrants) voting as a single class, and (b) a two-thirds vote excluding shares owned by Security Holders and affiliates; it also restates Section 4.06 to confirm no other anti-takeover laws apply except possibly DGCL Section 203. The changes were approved by the Special Committee and do not alter other terms of the Agreement.

  • ·Amendment effective as of March 15, 2026; original Agreement dated February 16, 2026.
  • ·Special Committee approved the Amendment.
  • ·References to Agreement date remain February 16, 2026.
Ferguson Enterprises Inc. /DE/DEF 14Apositivemateriality 7/10

16-03-2026

Ferguson Enterprises Inc. (FERG) filed its DEF 14A Proxy Statement on March 16, 2026, for the virtual 2026 Annual Meeting on April 30, 2026, seeking shareholder approval to elect 11 director nominees, ratify Deloitte & Touche LLP as independent auditors for fiscal 2026, and approve on an advisory basis the compensation of Named Executive Officers for the five-month fiscal transition period from August 1 to December 31, 2025. The company highlights its positioning in the $340B residential and non-residential construction markets, strong governance practices, and the successful completion of its fiscal year-end transition to December 31 as of January 1, 2026, aligning with its U.S. headquarters move. No performance declines or flat metrics are disclosed in the filing.

  • ·Record date for shareholders entitled to vote: March 3, 2026
  • ·Annual meeting details: Virtual webcast at www.virtualshareholdermeeting.com/FERG2026, 4:00 p.m. Eastern Time on April 30, 2026
  • ·Fiscal year end transition completed January 1, 2026, from July 31 to December 31
Townsquare Media, Inc.10-Kmixedmateriality 9/10

16-03-2026

Townsquare Media reported net revenue of $427.4M for 2025, down 5.2% YoY from $451.0M, primarily due to a 12.6% decline in Broadcast Advertising revenue while Digital Advertising grew 1.6% and Subscription Digital Marketing Solutions was flat at -0.7%. Operating income more than doubled to $44.2M (up 103.8% YoY) from cost reductions including lower impairments (-76.4%) and stock-based compensation (-19.8%), narrowing net loss to $9.8M (-10.8% YoY). However, cash from operations fell 37.2% to $30.6M, cash equivalents dropped to $4.8M, and interest expense rose 32.3% to $47.9M.

  • ·Total stockholders’ deficit widened to $41.0M from $28.4M.
  • ·Impairment charges decreased 76.4% to $8.9M.
  • ·Transaction and business realignment costs increased 137.5% to $11.7M.
  • ·Basic and diluted loss per share improved to $(0.71) from $(0.81).
iQIYI, Inc.20-Fmixedmateriality 9/10

16-03-2026

iQIYI, Inc. reported FY2025 total revenues of RMB 27.3B ($3.9B), down 6.6% YoY from RMB 29.2B in FY2024, with all segments declining: membership services -5.4% to RMB 16.8B ($2.4B), online advertising -9.1% to RMB 5.2B ($743M), and others flat to slightly down. While cost of revenues improved 1.9% to RMB 21.5B ($3.1B) and cash equivalents rose to RMB 4.4B ($623M), operating income plummeted 87% to RMB 229M ($33M) and the company swung to a net loss of RMB 204M ($29M) from a profit of RMB 791M prior year.

  • ·FY2025 diluted EPS (ADS) of -$0.03 vs $0.79 in FY2024.
  • ·Total assets end FY2025 RMB 46.7B ($6.7B), up slightly from RMB 45.8B end FY2024.
  • ·Share count basic increased to 6.75B in FY2025 from 6.73B in FY2024 (flat growth).
AMERICAN INTERNATIONAL GROUP, INC.8-Kneutralmateriality 4/10

16-03-2026

James Dunne III notified the Board of Directors of American International Group, Inc. (AIG) on March 10, 2026, that he will not stand for re-election at the 2026 Annual Meeting of Shareholders scheduled for May 13, 2026. Mr. Dunne cited no disagreement with the Company's operations, policies, or practices and will continue serving on the Board and the Compensation and Management Resources Committee until the meeting. The 8-K filing was submitted on March 16, 2026.

  • ·Date of earliest event reported: March 10, 2026
  • ·AIG's principal executive offices: 1271 Avenue of the Americas, New York, New York 10020
  • ·AIG common stock trades on NYSE under symbol AIG, par value $2.50 per share
Armada Hoffler Properties, Inc.8-Kpositivemateriality 9/10

16-03-2026

AH Realty Trust (NYSE: AHRT), formerly Armada Hoffler, entered a binding agreement to sell 11 multifamily properties to an affiliate of Harbor Group International for $562M in cash, with a $15M nonrefundable deposit, expected to close mid-2026 subject to customary conditions. Proceeds will fund debt reduction toward a 5.5x-6.5x net debt to adjusted EBITDA target, simplifying the platform and focusing on retail/office. The company is also in advanced negotiations to sell two real estate financing investments for ~$63M, though no assurances of closing.

  • ·Retains Smith’s Landing multifamily asset; intends to market Everly and Solis Gainesville for sale.
  • ·Transaction formalizes February 16, 2026 letter of intent.
  • ·Rebranded as AH Realty Trust effective March 2, 2026 (NYSE: AHRT).
  • ·Restructuring also includes divesting construction and real estate financing businesses; targeting retail acquisitions.
bioAffinity Technologies, Inc.10-Kmixedmateriality 8/10

16-03-2026

Consolidated revenue decreased 34% YoY to $6.2M for the year ended December 31, 2025, from $9.4M in 2024, due to strategic discontinuation of unprofitable pathology services and cost reductions. However, CyPath® Lung testing revenue grew 87% YoY to $963K from $516K, driven by a 99% increase to more than 1,200 test results delivered. The company raised $16.9M in gross proceeds from equity transactions to fund operations.

Urgent.ly Inc.8-Kmixedmateriality 10/10

16-03-2026

Urgently reported Q4 2025 revenue of $33.3M, up 4% YoY, gross profit of $8.7M (+23% YoY) with margin expansion to 26% (vs 22%), GAAP operating loss of $2.5M (improved 46% YoY), and non-GAAP operating income of $0.2M. However, full-year 2025 revenue declined 10% YoY to $129.2M despite gross profit growth of 4% and significant operating expense reductions (GAAP -29%, non-GAAP -32%). The company announced a definitive merger agreement to be acquired by Agero, Inc., leading to cancellation of the earnings call and suspension of 2026 guidance.

  • ·Q4 consumer satisfaction score of 4.7/5; FY score of 4.6/5.
  • ·Cash and equivalents declined to $5.3M as of Dec 31, 2025 from $14.2M prior year.
  • ·Total liabilities increased to $90.1M from $85.7M; stockholders' deficit widened to $46.4M from $31.7M.
  • ·Q4 net loss of $4.2M improved from $8.7M YoY; FY net loss $20.4M improved from $44.0M.
  • ·Revolving credit facility $12.7M as current liability Dec 31, 2025.
KORU Medical Systems, Inc.8-Kneutralmateriality 8/10

16-03-2026

KORU Medical Systems, Inc. announced the retirement of CEO Linda Tharby effective June 30, 2026, with Adam Kalbermatten appointed as President effective March 15, 2026, and succeeding as CEO on July 1, 2026. Tharby will serve as a non-executive advisor and Board member through December 31, 2026, receiving continued base salary at 50% rate during the advisory period and specific equity vesting, while some PSUs were previously cancelled. Kalbermatten's compensation includes base salary increasing to $525,000 and significant LTI awards totaling up to $1.25M annually.

  • ·Tharby ineligible for bonus/incentives post-June 30, 2026; remaining unvested awards forfeited after Dec 31, 2026 except specified tranches.
  • ·Kalbermatten eligible for severance including 12 months salary continuation and 100% bonus target upon qualifying termination.
  • ·Tharby non-compete and restrictive covenants remain in effect; no equity sales during advisory period without Board approval.
PCB BANCORP10-Kmixedmateriality 10/10

16-03-2026

PCB Bancorp reported net income of $37.5M for the year ended December 31, 2025, up 45% YoY from $25.8M in 2024, with net interest income increasing 17% to $104M and total assets growing 7% to $3.28B alongside loans held-for-investment up 7% to $2.82B. Return on average assets improved to 1.15% and efficiency ratio declined to 51.2% from 60.2%. However, nonaccrual loans rose 69% to $7.9M, NPAs increased to 0.24% of assets from 0.15%, provision for credit losses grew 18% to $4.0M, and capital ratios were slightly lower though still well above regulatory thresholds.

  • ·Earnings per common share diluted $2.58 for 2025, up from $1.74 in 2024.
  • ·Cash dividends declared per common share $0.80 for 2025, up from $0.72.
  • ·Dividend payout ratio 30.89% for 2025, improved from 41.14%.
  • ·All capital ratios remain well capitalized per PCA thresholds.
  • ·ASC 326 adoption increased total ACL on loans by $1.1M to $26.0M.
UNIFIRST CORP425mixedmateriality 6/10

16-03-2026

UniFirst spokesperson affirmed the company's nearly 30-year presence and strong commitment to its Owensboro, Kentucky operations, noting the recent completion of a planned facility expansion expected to be operational in early April 2026. This statement was made amid a pending merger transaction with Cintas, accompanied by extensive forward-looking risk disclosures including potential termination rights, regulatory hurdles, integration challenges, and economic uncertainties. No financial metrics or performance data were disclosed.

  • ·Statement issued March 13, 2026, to Owensboro Times.
  • ·UniFirst 10-K for fiscal year ended August 30, 2025, filed October 29, 2025, disclosed material weakness in internal control over financial reporting.
  • ·Cintas 10-K for fiscal year ended May 31, 2025, filed July 28, 2025.
Option Therapeutics Inc.S-1/Amixedmateriality 9/10

16-03-2026

Option Therapeutics Inc., a pharmaceutical preparations company and wholly owned subsidiary of BioVie (CIK 0002070577), filed an S-1/A registration statement on March 16, 2026 (effective March 13, 2026), ahead of an IPO and planned separation from BioVie, with historical financials presented as carve-outs lacking standalone operating history. Post-offering, BioVie will retain approximately 64% ownership (or 60% if underwriters exercise the over-allotment option), making Option Therapeutics a 'controlled company' under NYSE rules and exempt from certain governance standards like majority independent board requirements. Risks include higher standalone costs, potential management distraction from separation efforts, limited market liquidity without a BioVie distribution of shares, and ongoing conflicts of interest with BioVie.

  • ·Fiscal year end: June 30
  • ·State of incorporation: Delaware
  • ·Business address: 680 W Nye Ln Ste 201, Carson City, NV 89703
  • ·SEC file number: 333-292936
LIVEPERSON INC10-Knegativemateriality 9/10

16-03-2026

LivePerson Inc (LPSN) reported FY 2025 revenue of $243.7M, down 22% YoY from $312.5M amid broad declines. Operating expenses decreased significantly across categories, including cost of revenue -10%, sales and marketing -22%, general and administrative -44%, product development -31%, depreciation and amortization -46%, and goodwill impairment -31%, driven by headcount reductions (e.g., product development headcount down 41% to 239). Restructuring costs edged up 5% YoY to $11.7M.

UnknownF-1mixedmateriality 10/10

16-03-2026

Mclaren International Holdings Limited, a Cayman Islands holding company with Hong Kong-based management consulting subsidiaries Mclaren Consultancy Limited and Here Hear Company Limited, has filed a Form F-1 registration statement for an initial public offering of 4,000,000 Class A Ordinary Shares at an estimated price of $4 to $6 per share, seeking listing on the Nasdaq Capital Market under the symbol 'MCL'. Post-offering, Controlling Shareholder Tan Haiping will beneficially own 46.93% of total shares and 93.18% of voting power through a dual-class structure (Class A: 1 vote/share, Class B: 20 votes/share), positioning the company as a 'controlled company' exempt from certain Nasdaq governance requirements. The filing emphasizes substantial risks, including potential PRC regulatory interventions affecting Hong Kong operations and the holding company structure, which could hinder the IPO or devalue shares.

  • ·Incorporated in Cayman Islands with principal executive offices at Unit 1708-09, 17/F, Shui On Centre, 6-8 Harbour Road, Wan Chai, Hong Kong
  • ·Standard Industrial Classification: 8742 (Services-Management Consulting Services)
  • ·Emerging growth company status with reduced reporting requirements
  • ·Agent for service: COGENCY GLOBAL INC., New York, NY
  • ·SEC file number: 333-294308; Filed on March 13, 2026 (public March 16, 2026)
AEMETIS, INC10-Kmixedmateriality 9/10

16-03-2026

Aemetis, Inc. (AMTX) reported mixed FY 2025 results compared to FY 2024, with California Ethanol volumes declining 6.6% to 57 million gallons and 9.0% for WDG to 374 thousand tons, while average prices rose slightly for ethanol (+3.6% to $2.03/gallon) but fell for WDG (-9.2% to $80.1/ton). India Biodiesel saw sharp drops in volumes (-71.6% to 21 thousand metric tons, capacity utilization -72% to 14%) and refined glycerin (-84.6% to 1.0 thousand tons), though glycerin prices surged 69.5% to $1,093/ton. Positively, California Dairy RNG gas sales grew 32.1% to 399 thousand MMBtu (+11.0% price) and LCFS credits rose 59.6% to 83 thousand, offsetting declines despite RIN prices falling 17.8%.

  • ·California Ethanol operated at 104% of nameplate capacity in FY 2025 vs 110% in FY 2024 (-5.9%).
  • ·India Biodiesel operated at 14% of nameplate capacity in FY 2025 vs 50% in FY 2024 (-72%).
Figure Technology Solutions, Inc.10-Kmixedmateriality 10/10

16-03-2026

Figure Technology Solutions, Inc. (FIGR) reported robust FY2025 financials with net revenue surging 48.7% YoY to $507M from $341M and net income skyrocketing 574.3% to $134M from $20M, fueled by ecosystem volume growth to $9.1B from $5.9B and strong gains in ecosystem/technology fees (+327%) and partner-branded revenue (+86.8%). However, digital asset marketplace volume declined to $710M from $751M, gain on servicing assets fell 24.7% to $25M, and partner-branded origination fees dropped 10.2%, while several expense categories like operations (+46.4%) and sales/marketing (+36.7%) rose notably. Adjusted EBITDA improved sharply to $251M from $101M, reflecting operational leverage despite mixed segment performance.

  • ·Operating income increased 1172.6% to $118M from $9M.
  • ·Interest expense declined 13.4% to $49M.
  • ·Sales and marketing expenses rose 36.7% to $76M, driven by 80.2% higher compensation.
  • ·Technology and product development expenses up modestly 3.6% to $65M.
UnknownS-1/Amixedmateriality 9/10

16-03-2026

VanEck filed an amended S-1/A registration statement (No. 333-286959) on March 13, 2026, for the VanEck BNB Trust to provide investors direct exposure to BNB via tradable Shares valued daily using the MarketVectorTM BNB Benchmark Rate, with custody at Anchorage Digital Bank N.A. BNB, the native token of the BNB Chain ecosystem (including BNB Smart Chain, opBNB, and BNB Greenfield), has a market capitalization of approximately $88.4B as of March 5, 2026, and average daily trading volume of $573.7M; however, it faces risks such as potential centralization due to a 45-validator set and influence from Binance.

  • ·BNB initially issued as ERC-20 token on Ethereum in 2017, later migrated to Binance Chain and BNB Chain.
  • ·Trust conducts creations/redemptions in Baskets of 25,000 Shares via cash or in-kind with Authorized Participants.
  • ·Trust does not currently intend to engage in staking activities to preserve grantor trust status.
Xanadu Quantum Technologies Ltd425positivemateriality 9/10

16-03-2026

Xanadu Quantum Technologies Inc. is discussed in a March 13, 2026 interview by CEO Christian Weedbrook on Unusual Whales, highlighting its photonic quantum computing approach, Borealis quantum computer achievements, and PennyLane software as key differentiators ahead of its business combination with Crane Harbor Acquisition Corp. The company secured up to $300M USD in government funding from Canada for a quantum data center, emphasizing advantages like room-temperature operation, fast gate speeds, and networking capabilities without mentioning any challenges or setbacks. No financial period-over-period data or declines are reported.

  • ·Borealis quantum computer solved a math problem in 2 minutes, vs. 7 million years on the world's fastest supercomputer using over 7 million GPUs.
  • ·Xanadu networked four independent quantum server racks, scalable to hundreds, per peer-reviewed Nature paper.
  • ·Operates at room temperature post-initialization, uses large-scale foundries, and has faster gate speeds than other approaches.
Trailblazer Merger Corp IDEF 14Amixedmateriality 9/10

16-03-2026

Trailblazer Merger Corp I is holding a special stockholder meeting on March 27, 2026, to vote on amending its charter and trust agreement to extend the business combination deadline from March 30, 2026, up to three one-month increments until June 30, 2026, to facilitate its pending merger with Cyabra Strategy Ltd., with sponsor deposits of $0.035 per unredeemed public share per extension. The trust account balance is $4.03M as of March 11, 2026, yielding a $12.11 per share redemption price, while public shares trade at a discount of $10.75. Without approval, the company faces dissolution and liquidation after the current termination date.

  • ·Merger agreement originally dated July 22, 2024, and amended November 11, 2024, and November 6, 2025.
  • ·Special Meeting via teleconference: US toll-free 877-853-5257 or 888-475-4499; Meeting ID 917-9737-9034; Passcode 619829.
South Bow Corp40-Fneutralmateriality 9/10

16-03-2026

South Bow Corporation (SOBO), a foreign private issuer, filed its Form 40-F Annual Report for the fiscal year ended December 31, 2025, incorporating the Annual Information Form, audited consolidated financial statements, and MD&A as exhibits. The company reported 208,250,512 common shares outstanding as of December 31, 2025, with shares listed on NYSE and TSX. The filing discloses a material weakness in internal controls over financial reporting (ICFR) with ongoing remediation efforts, and no other changes in ICFR.

  • ·Independent auditor: KPMG LLP (Auditor Firm ID: 85).
  • ·Principal executive offices: Suite 900, 707 5th Street SW, Calgary, Alberta, Canada T2P 1V8.
  • ·U.S. agent for service: South Bow USA Services Inc., 920 Memorial City Way, Suite 800, Houston, Texas 77024.
21Shares Dogecoin ETF10-Kneutralmateriality 3/10

16-03-2026

The 21Shares Dogecoin ETF (TDOG) filed its annual 10-K for the period from inception on September 17, 2025, to September 30, 2025, reporting total assets, net assets, and paid-in capital of $100, with 2 shares issued and outstanding at a net asset value per share of $50.00. No net investment loss, unrealized gains/depreciation, or redemptions occurred during this short inaugural period. However, the filing highlights risks from pseudonymous Dogecoin ownership and potential large-scale sales by substantial holders, which could adversely impact Dogecoin price and ETF shares.

  • ·Filing CIK: 0002064314
  • ·Entity File Number: 001-43049
  • ·Entity Tax ID: 33-7038007
  • ·Incorporated in MD
  • ·Address: 477 Madison Avenue, 6th Floor, New York, NY 10022
  • ·Phone: (646) 370-6016
UnknownS-1/Apositivemateriality 10/10

16-03-2026

NewHold Investment Corp IV, a Cayman Islands blank check company targeting industrial technology businesses with enterprise values of $700M or more, filed Amendment No. 1 to its S-1 registration statement for a $175M IPO of 17,500,000 units at $10.00 each, consisting of one Class A ordinary share and one-third of a redeemable warrant exercisable at $11.50. The sponsor purchased 6,708,333 Class B founder shares for $25,000, commitments exist for 588,750 private units ($5.89M) plus $3M from non-managing sponsor investors, and underwriters have a 45-day option for 2,625,000 additional units; public shareholders face substantial dilution upon closing.

  • ·Warrants exercisable 30 days post-initial business combination at $11.50 per share, expire 5 years after or upon redemption/liquidation.
  • ·Trust account withdrawals limited to $250K annually for working capital; no use for excise taxes.
  • ·Redemption limitation: shareholders acting in concert restricted to 15% of offering shares without consent.
  • ·Non-managing sponsor investors to receive interests in 2,086,957 founder shares (or 2,400,000 if over-allotment).
WaterBridge Infrastructure LLC10-Kmixedmateriality 9/10

16-03-2026

WaterBridge Infrastructure LLC reported total revenues of $525.6M for the year ended December 31, 2025, up 66% YoY from $316.3M, driven by produced water handling revenues surging 66% to $471.6M and total volumes increasing 64% to 1,920 MBbl/d. However, net income plummeted nearly 100% to $9K from $3.0M due to a 29% rise in net interest expense to $68.9M, a $11.4M loss on debt extinguishment, and higher depreciation (80% up), while gross margin per Bbl declined 5% to $0.20 and skim oil unit prices fell 25%. Adjusted EBITDA grew 68% to $254.0M with a flat 48% margin.

  • ·Produced water handling volumes: 1,622 MBbl/d in 2025 (62% YoY increase from 1,002 MBbl/d).
  • ·Water solutions volumes: 298 MBbl/d in 2025 (76% YoY increase from 169 MBbl/d), with brackish water up 162%.
  • ·Predecessor period (Jan 1 - Sep 16, 2025) revenues: $242.6M, down 26% from full year 2024 $329.4M.
  • ·Depreciation, depletion, amortization, and accretion: $140.9M in 2025 (80% YoY increase).
Sprott Physical Silver Trust40-Fneutralmateriality 5/10

16-03-2026

Sprott Physical Silver Trust (PSLV) filed its Annual Report on Form 40-F dated March 16, 2026, providing an overview of the Trust's structure, investment and operating restrictions, silver sector context, unit descriptions, net asset value calculation methods, market information, redemption processes, governance, fees, distribution policy, tax considerations, and risk factors. The document includes details on valuation procedures for cash, receivables, liabilities, and portfolio transactions, but contains no specific financial performance metrics, period-over-period comparisons, or quantitative data on assets, income, or changes.

MSC INCOME FUND, INC.8-Kpositivemateriality 9/10

16-03-2026

MSC Income Fund, Inc. (NYSE: MSIF) announced the closing of a $150.0 million private investment grade notes offering on March 13, 2026. The unsecured notes bear a fixed interest rate of 6.34% per year, payable semiannually, and mature on May 31, 2029, with optional redemption at par plus accrued interest and a potential make-whole premium. Net proceeds will initially repay a portion of outstanding debt under its revolving credit facility, with re-borrowing to fund investments, operating expenses, and general corporate purposes.

  • ·Notes are unsecured and may be redeemed in whole or in part at MSC Income’s option.
  • ·Fund's private loan portfolio companies generally have annual revenues between $25M and $500M.
  • ·Fund's lower middle market portfolio companies generally have annual revenues between $10M and $150M.
  • ·Notes not registered under Securities Act of 1933 and subject to state securities laws exemptions.
CO2 Energy Transition Corp.10-Kmixedmateriality 7/10

16-03-2026

CO2 Energy Transition Corp., a SPAC, reported net income of $1.65M for FY 2025, up significantly from $2.6K in 2024, driven by $2.88M in interest income on Trust Account investments which grew to $72.1M from $69.3M. However, cash declined 70% to $288K, G&A expenses rose 163% to $646K leading to higher operating losses, and stockholders' deficit worsened 42% to $(1.79M). Total assets increased modestly to $72.5M, primarily from accretion on 6.9M redeemable shares now at $10.35/share.

  • ·Net cash used in operating activities increased to $745K in 2025 from $306K in 2024.
  • ·Income tax provision rose to $579K in 2025 from $61K in 2024.
  • ·Deferred underwriting fee steady at $2.07M.
Blend Labs, Inc.10-Kmixedmateriality 10/10

16-03-2026

Blend Labs reported total revenue of $123.6M for FY 2025, up 7% YoY from $115.8M, driven by 34% growth in Consumer Banking Suite to $45.2M, though Mortgage Suite declined 6% to $69.2M and Professional Services grew modestly 3%. Gross profit rose 10% to $91.2M with margin expansion to 74%, operating expenses fell 15% to $112.9M, and net loss narrowed sharply to $7.0M from $43.4M YoY. Operating cash flow turned positive at $14.4M versus negative $8.2M prior year.

  • ·Software platform revenue $114.4M (93% of total) in FY 2025, up from $106.9M in 2024.
  • ·R&D expenses down 29% YoY to $32.8M; Sales & marketing down 16% to $29.1M; G&A up 10% to $50.1M.
  • ·No interest expense in FY 2025 vs $6.7M in 2024.
  • ·Net cash decrease of $2.5M in FY 2025 after $11.3M increase in 2024.
  • ·Stock-based compensation $29.0M in FY 2025, down from $27.9M in 2024 but up from $45.6M in 2023.
NextPlat CorpDEF 14Aneutralmateriality 7/10

16-03-2026

NextPlat Corp has issued a proxy statement for a virtual Special Meeting of stockholders on March 27, 2026, seeking approval for Proposal 1 to amend its Articles of Incorporation, authorizing the Board to effect one or more reverse stock splits of common stock at ratios from 1-for-5 to 1-for-50 (aggregate not exceeding 1-for-50) anytime prior to March 27, 2028, with 26,976,215 shares outstanding as of the March 2, 2026 record date. Proposal 2 allows adjournment if needed to solicit more proxies for Proposal 1. No financial performance metrics or period comparisons are provided in the filing.

  • ·Common stock par value: $0.0001 per share
  • ·Record Date: March 2, 2026
  • ·Special Meeting: March 27, 2026 at 10:00 AM EDT (virtual only)
  • ·Reverse stock split authority expires: March 27, 2028
Mountain Crest Acquisition Corp. V10-Knegativemateriality 7/10

16-03-2026

Mountain Crest Acquisition Corp. V reported a widened net loss of $431,161 for the year ended December 31, 2025, up 15% YoY from $374,454 in 2024, driven by sharply lower interest income on the Trust Account ($46,114 vs. $265,306). While general and administrative expenses declined 24% to $471,782 and net cash used in operating activities improved to $742K from $921K, total assets fell to $874K from $1.3M, cash dropped to $12K, and the Trust Account balance decreased 27% to $841K amid ongoing redemptions reducing redeemable shares to 72,123 from 101,104. Stockholders' deficit worsened to $(3.7M) from $(3.4M), with related-party promissory note rising to $1.3M.

  • ·Proposal to amend Charter to extend Combination Period to November 16, 2024 with $0.10 per Public Share deposits for three-month extensions.
  • ·Deferred underwriting commission obligation of $2.07M upon business combination.
  • ·Conversion of $600K related-party promissory note to equity in 2024.
  • ·Reversal of $194K excise tax payable in 2025.
  • ·Net cash provided by investing activities $363K in 2025 (vs $4.72M in 2024), mainly from $336K redemption withdrawals.
SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST40-Fneutralmateriality 4/10

16-03-2026

Sprott Physical Platinum & Palladium Trust (SPPP) filed its 40-F annual report on March 16, 2026, including certification by the principal executive officer affirming that the financial statements fairly present the Trust's financial condition, results of operations, and cash flows for the periods presented. The report provides an overview of the Trust's structure, investment and operating restrictions, platinum and palladium sectors, unit description, NAV calculation methodology, market details, governance, fees, distribution policy, tax considerations, and risk factors. No specific financial metrics, period-over-period comparisons, or performance data are detailed in the provided excerpts.

Vanguard Green Investment Ltd10-Qnegativemateriality 6/10

16-03-2026

Vanguard Green Investment Ltd reported zero revenue for both the three and six months ended January 31, 2026, with net losses widening significantly to $30,132 (3M, +125% YoY) and $47,129 (6M, +62% YoY) due to elevated general and administrative expenses. Total assets contracted 66.5% to $5,110 from $15,258 as of July 31, 2025, while cash equivalents dropped to $55 from $93; stockholders' deficit deepened to $(771,707) from $(724,578). Non-current liabilities improved with a 48% reduction to $18,093, but current liabilities rose 7.6% to $758,724, largely from increased director loans.

  • ·Prepayments decreased to $5,055 from $15,165 as of Jul 31, 2025.
  • ·Loan from director increased to $484,543 from $445,001.
  • ·Amount due to related parties remained flat at $96,513.
  • ·G&A expenses for six months rose to $43,495 from $23,698 YoY.

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Global High-Priority Regulatory Events — March 16, 2026 | Gunpowder Blog