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US SEC Filings Daily Market Digest — March 25, 2026

Daily USA Market Intelligence

31 high priority19 medium priority50 total filings analysed

Executive Summary

Across 50 SEC filings for March 25, 2026, overarching themes include robust revenue growth in tech/software (e.g., UiPath +13% YoY, Pure Storage +16%, Braze +24.4%, AAR +25%) offset by rising operating expenses and margin pressures in 8/15 growth companies (avg OpEx +15-30% YoY), SPAC trust erosion from redemptions (e.g., Concord -99.6%, byNordic -53%), and positive capital returns via dividends (Zedge +25%, Rentokil +4%) and buybacks (News Corp $1B program). M&A/deals signal conviction (Sandisk $1B investment at 15% discount, Thermon/CECO synergies), while biotech turnarounds (Energous rev +633%, Maze Phase 2 success) contrast energy/mining weakness (CoJax rev flat, Spectral AI -33.6%). Portfolio-level trends show 12/20 annual reports with net losses narrowing (avg -20% YoY) but cash burn persisting in 7/10 SPACs; sentiment mixed/neutral in 70%, positive in growth outliers. Critical developments: Stratus liquidation ($29-37/share potential), Mobix reverse split approval, UiPath profitability milestone imply tactical opportunities amid quiet M&A acceleration. Implications: Favor tech growth names with cash flow inflection, monitor SPAC deadlines/redemptions for distress plays.

Tracking the trend? Catch up on the prior US SEC Filings Daily Market Digest digest from March 24, 2026.

Investment Signals(12)

  • UiPath(BULLISH)

    FY26 revenue +13% YoY to $1.61B, subscription +19%, achieved profitability ($57M op income vs -$163M loss), stock comp -19% to $291M

  • FY26 revenue +16% YoY to $3.66B, subscription ARR +16% to $1.92B, product +16%, op cash flow +$880M despite R&D +20%

  • Braze(BULLISH)

    FY26 revenue +24.4% YoY to $738.2M, op cash flow +94% to $71.4M, FCF +196% to $58.1M, gross profit +20.8%

  • AAR Corp(BULLISH)

    Q3 FY26 sales +25% YoY to $845.1M (products +30%), 9-mo net income $137M vs $21.5M loss, equity +36% to $1.64B

  • Energous(BULLISH)

    FY25 revenue +633% YoY to $5.6M (Q4 +139% QoQ), gross margin +34pts to 36%, net loss -48% to $9.6M, cash +$39.4M post-raise

  • Zedge(BULLISH)

    Quarterly dividend +25% to $0.02/share (payable Apr 15, record Apr 6), debt-free with $19.1M cash, backed by 31% YoY FCF growth

  • Chewy(BULLISH)

    FY25 net sales +6.2% YoY to $12.6B (8.3% normalized), Adj EBITDA +$148.7M to $719.2M (+90bps margin), FCF record $562M

  • Sandisk(BULLISH)

    $1B private placement for 139M Nanya shares at 15% discount to 30-day VWAP, multi-year DRAM supply deal, 3-yr lock-up

  • Pending merger synergies on $6.5B pipeline, Thermon 9% topline growth since 2017, 83% recurring rev, backlog record high

  • Rentokil(BULLISH)

    FY25 revenue +4% YoY to $6,908M, dividends +4% to $304M, total profit +20% to $470M boosted by discontinued ops

  • Mobix Labs(BULLISH)

    AGM approvals ~96% for directors/auditor/reverse split/warrants (52.86% quorum), signaling shareholder alignment

  • 2025 net income $674M, record $273B insurance in-force, PMIERs 162% ($1.9B excess), $500M+ returns to shareholders

Risk Flags(10)

  • Rentokil[HIGH RISK]

    FY25 op profit -9% YoY to $584M, cont ops profit -16% to $290M, EPS -16% to 11.49¢ despite revenue growth

  • Spectral AI[HIGH RISK]

    2025 R&D rev -33.6% YoY to $19.65M, gross profit -32.7%, op loss widened to $8.60M, Adj EBITDA -$7.42M, BARDA dependence

  • CoJax Oil[HIGH RISK]

    FY25 rev flat -0.8% YoY at $964K, lease op ex +17.5% to $418K, net loss -$1.11M, assets -9% to $9.58M

  • Concord Acquisition II[HIGH RISK]

    Trust cash -99.6% to $99k post-$23.8M redemptions, total assets to $354k from $24.7M, liquidity critical low

  • FY25 net loss widened to -$731k (+254% YoY), trust -53% to $5.5M post-redemptions, interest income -74%

  • Braze[MEDIUM RISK]

    FY26 gross margin -200bps to 67.1%, op loss widened to -$144.8M, net loss +26% to -$130.8M, op ex 87% of rev

  • Pure Storage[MEDIUM RISK]

    FY26 R&D +20% YoY to $725M, S&M +17% to $1.08B, cost of rev +14%, flat gross margins at 70%

  • Liquidation plan risks delayed sales, costs, liabilities/litigation, est $29-37/share but requires shareholder approval

  • Vector 21[HIGH RISK]

    FY25 no revenue, cash $0 from $52, liabilities +18% to $156k, shareholders' deficit $(156k), inactive status

  • Inception net loss -$0.58M, shareholders' deficit -$2.6M, $3.5M deferred underwriting fee

Opportunities(10)

  • 35.6% uACR reduction (61.8% severe), cash $360M runway to 2028, Phase 2 PKD/CKD trials mid/H2 2026

  • Est net proceeds $29-37/share post-asset sales, proxy filing imminent, potential 2-3x upside if approved

  • Rev +633% YoY, 25k+ units shipped zero returns, $39.4M cash post-raise, AWS ISV status, 15 new patents

  • $1B for 3.9% stake at 15% discount, strategic DRAM supply multi-year, undervalued sourcing play

  • Cross-sell on $6.5B pipeline, Thermon 3D strategy (OpEx rev 83%), customers CapEx +26%, Rule 30/40 target

  • First profitable FY ($282M net inc), sub rev +19% YoY, op ex down to 79% rev, restructuring savings

  • +25% to $0.02/share, debt-free $19.1M cash, record Q2 metrics (rev/ARPMAU/subscriptions +31% FCF)

  • Chewy/Cash Flow(OPPORTUNITY)

    Record $562M FCF, cash +$860M, active customers 21.3M, Adj EBITDA margin +90bps despite sales +6.2%

  • AAR Corp/Growth(OPPORTUNITY)

    Q3 sales +25% YoY, 9-mo net inc turnaround to $137M, acquisitions $78M, equity +36%

  • $500M+ dividends/buybacks, PMIERs 162% excess, NI $674M, strong balance sheet

Sector Themes(6)

  • SPAC Distress & Redemptions

    7/10 SPACs showed trust erosion (avg -40-99%, e.g., Concord -99.6%, byNordic -53%), net income volatile on interest but op losses rising, implying deadline risks & liquidation opps by mid-2026

  • Tech/Software Growth vs Cost Pressures

    6/8 tech firms rev +13-24% YoY (UiPath/Pure/Braze avg +18%), but OpEx +15-32% (R&D/S&M spikes), margins flat/contracting (-200bps avg), FCF improving in leaders

  • Capital Returns Acceleration

    4 firms hiking/expanding (Zedge div +25%, Rentokil +4%, News Corp $1B buyback, Enact $500M+), debt-free balance sheets common, signaling conviction amid mixed earnings

  • M&A/Strategic Deals

    5 deals (Sandisk $1B disc, Thermon merger, StableCoinX SPAC effective, Chiba repurchase, Selectis $15.7M sale), avg discounts/premiums favorable, supply chain focus in tech/energy

  • Biotech/AI Momentum

    Revenue surges (Energous +633%, AITX expansion, Maze Phase 2 35% efficacy), cash runways extended ($360M Maze to 2028), but R&D rev declines in others (Spectral -34%) highlight outliers

  • Margin Mixed in Industrials/Services

    Revenue +4-25% (Rentokil/AAR), but op profit volatile (-9% to +turnaround), inventories +19%, acquisition outflows signaling reinvestment over returns

Watch List(8)

Filing Analyses(50)
MOBIX LABS, INC8-Kpositivemateriality 8/10

25-03-2026

Mobix Labs, Inc. held its Annual Meeting of Stockholders on March 23, 2026, with holders of 43,982,421 Class A shares and 2,004,901 Class B shares present, representing 52.86% of voting power and constituting a quorum. All four proposals were approved with overwhelming majorities: director elections (Class A nominees David Aldrich and Frederick Goerner each ~96% for; Class B nominee Keyvan Samini 100% for), ratification of independent auditor (~97% for), reverse stock split (~96% for despite 3.7% against), and warrant proposal (~95% for). No broker non-votes were recorded.

  • ·Record date for meeting: February 27, 2026
  • ·Proxy statement filed with SEC: March 6, 2026
  • ·Meeting date: March 23, 2026; Filing date: March 25, 2026
  • ·No recorded broker non-votes
RENTOKIL INITIAL PLC /FI20-Fmixedmateriality 9/10

25-03-2026

Rentokil Initial PLC's FY2025 revenue increased 4% YoY to $6,908M from $6,617M, supported by organic growth and bolt-on M&A activity. However, operating profit declined 9% to $584M due to higher operating expenses of $6,250M (up 6% YoY), and profit from continuing operations fell 16% to $290M. Total profit rose 20% YoY to $470M, boosted by $180M from discontinued operations (vs $46M prior), with net assets up 4% to $5,494M and cash at $2,319M.

  • ·Basic EPS from continuing operations declined to 11.49 cents (FY2024: 13.72 cents).
  • ·Basic EPS from total operations: 18.62 cents (FY2024: 15.54 cents).
  • ·Dividends paid to equity shareholders: $304M in FY2025 (FY2024: $292M).
  • ·Total borrowings increased to $5,567M at Dec 31 2025 from $4,587M at Dec 31 2024.
  • ·Audited by PricewaterhouseCoopers LLP (PCAOB ID 876).
Sandisk Corp8-Kpositivemateriality 9/10

25-03-2026

Sandisk Technologies, Inc., a wholly-owned subsidiary of Sandisk Corporation, entered into a Private Placement Subscription Agreement with Nanya Technology Corporation on March 25, 2026, to purchase approximately 139 million shares of Nanya common stock for $1.0B, representing 3.9% of Nanya’s outstanding common stock on a fully diluted basis at a 15% discount to the 30-day average trading price. Concurrently, the companies entered a multi-year strategic supply arrangement for Nanya to supply DRAM products to support Sandisk's long-term sourcing strategy. The transaction shares are subject to a statutory 3-year lock-up period under Taiwanese law.

  • ·Transaction conducted pursuant to Article 43-6 of the Taiwan Securities and Exchange Act, subject to post-closing filings with Taiwan Stock Exchange and other regulators.
  • ·Shares subject to statutory 3-year lock-up from delivery, with limited transfer exceptions under Taiwanese law.
Artificial Intelligence Technology Solutions Inc.8-Kpositivemateriality 6/10

25-03-2026

Artificial Intelligence Technology Solutions, Inc. (AITX) filed a Form 8-K on March 25, 2026, under Items 8.01 and 9.01, announcing the issuance of a press release titled 'AITX's RAD Inks Continued Expansion Orders from Global Logistics Leader.' The press release, attached as Exhibit 99.1, highlights ongoing business expansion with a major client, signaling positive momentum in RAD deployments.

  • ·Filed with SEC on March 25, 2026; Date of earliest event: March 25, 2026
  • ·Registrant details: Nevada incorporation, CIK 0001498148, EIN 27-2343603, principal offices at 10800 Galaxie Avenue, Ferndale, Michigan 48220
  • ·Information furnished under Item 8.01, not deemed 'filed' or subject to Section 18 liabilities
Thermon Group Holdings, Inc.425positivemateriality 9/10

25-03-2026

CECO Environmental Corp and Thermon Group Holdings, Inc. executives discussed their pending merger at the 38th Annual ROTH Conference, emphasizing commercial synergies in controls (e.g., Thermon's Genesis platform), cross-selling heat trace and immersion heaters on CECO's $6.5B sales pipeline, and operational expansion in Asia. Thermon highlighted its 3D strategy success, reducing oil/gas exposure from 65% to 28-30% of revenues with 9% adjusted topline growth since 2017 and shift to 83% OpEx recurring revenues. The combined entity is projected to achieve double-digit growth and 20%+ EBITDA margins under Rule of 30/40.

  • ·Thermon backlog and engineering at record high.
  • ·Customers' CapEx spending up 26% this year, expected to continue.
  • ·Merger discussions evolved from mutual admiration and non-competitive overlap into full acquisition announcement a few weeks prior to March 24, 2026.
BRILLIANT N.E.V. CORP.8-Kneutralmateriality 7/10

25-03-2026

BRILLIANT N.E.V. CORP. disclosed that RH CPA resigned as its independent registered public accounting firm effective September 20, 2024, with no disagreements on accounting principles, financial disclosures, auditing scope, or reportable events during the fiscal years ended July 31, 2022 and 2023, or the interim period through September 20, 2024. The Company engaged Boladale Lawal & Co (Chartered Accountants) as its new auditor on March 24, 2026, to assist with completing and filing delinquent periodic reports. RH CPA provided a letter confirming agreement with the disclosures.

  • ·The Company failed to file a prior Form 8-K reporting RH CPA's cessation within the prescribed timeframe.
  • ·RH CPA's audit reports for fiscal years ended July 31, 2022 and July 31, 2023, contained no adverse opinion, disclaimer, or qualification except possible explanatory language on going concern.
  • ·No consultations with the new auditor occurred regarding accounting principles, audit opinions, disagreements, or reportable events prior to engagement.
Spectral AI, Inc.10-Kmixedmateriality 8/10

25-03-2026

Spectral AI's R&D revenue declined 33.6% YoY to $19.65M in 2025 from $29.58M in 2024, resulting in gross profit falling to $8.93M (down 32.7% YoY) despite a slight gross margin improvement to 45.4% from 44.9%. Operating loss widened to $8.60M from $6.58M, but net loss narrowed to $7.57M from $15.16M, driven by favorable changes in warrant liabilities and other income. Adjusted EBITDA deteriorated to $(7.42M) from $(5.54M).

  • ·Dependence on BARDA contract as largest single source of revenue, not guaranteed to be fully awarded or extended.
  • ·2024 financials reflect $157K adjustment to income tax provision.
  • ·Favorable $7.88M YoY change in fair value of warrant liabilities contributed to net loss improvement.
Nuveen Global Cities REIT, Inc.10-K/Aneutralmateriality 2/10

25-03-2026

Nuveen Global Cities REIT, Inc. filed Amendment No. 1 to its Form 10-K for the fiscal year ended December 31, 2025, solely to insert omitted conformed signatures of the company and its board of directors from the original filing on March 20, 2026. As of March 20, 2026, the company reported outstanding shares across classes: Class T (11,729,524), Class S (47,894,924), Class D (7,405,823), Class I (113,292,244), and Class N (23,454,145), totaling approximately 203.8 million shares. No financial results, performance metrics, or other substantive changes are included or revised.

  • ·Principal executive offices: 730 Third Avenue, 3rd Floor, New York, NY 10017
  • ·Commission File Number: 000-56273
  • ·I.R.S. Employer Identification No.: 82-1419222
  • ·Registrant is a non-accelerated filer and not a well-known seasoned issuer, smaller reporting company, or emerging growth company
NOVAGOLD RESOURCES INCDEFA14Aneutralmateriality 3/10

25-03-2026

NOVAGOLD RESOURCES INC. filed a Definitive Additional Proxy Statement (DEFA14A) on March 25, 2026, pursuant to Section 14(a) of the Securities Exchange Act of 1934. The filing was made by the registrant with no fee required.

NOVAGOLD RESOURCES INCDEF 14Amixedmateriality 7/10

25-03-2026

NOVAGOLD RESOURCES INC has issued its 2026 Proxy Statement for the Annual General Meeting on May 14, 2026 (record date March 18, 2026), seeking approval for director elections (10 nominees, 7 independent), auditor appointment (PricewaterhouseCoopers LLP), amendments to stock plans, and advisory votes on executive compensation and frequency. The company highlights strong governance practices including 100% independent key committees, separate Chairman/CEO roles, annual director elections, and stock ownership guidelines (e.g., directors $128,400 or 3x retainer). However, it notes proactive engagement with shareholders who voted against 2025 executive compensation (holders of ~34% of shares), following outreach to 89.92% of shares.

  • ·Proxy voting deadline: May 12, 2026, 4:00 p.m. ET
  • ·Virtual meeting webcast: www.virtualshareholdermeeting.com/NG2026
  • ·CEO stock ownership guideline: 5x annual base pay within 5 years
  • ·CFO/COO stock ownership guideline: 2x annual base pay within 5 years
  • ·Prohibitions: hedging/pledging of stock by directors/employees
UiPath, Inc.10-Kmixedmateriality 9/10

25-03-2026

UiPath reported total revenue of $1.61B for FY2026 ended January 31, 2026, up 13% YoY from $1.43B, driven by 19% growth in subscription services to $954M, while licenses grew modestly 3% to $606M and professional services rose 23% to $50M. The company achieved profitability with operating income of $57M (4% margin) versus a $163M loss (-11% margin) and net income of $282M versus a $74M loss, aided by lower operating expenses (down to 79% of revenue from 94%) including reduced stock-based compensation and restructuring costs. However, cost of professional services increased to 7% of revenue from 5%, and other expense worsened.

  • ·Amortization of acquired intangible assets totaled $8.2M in FY2026, up from $6.7M.
  • ·Stock-based compensation expense decreased to $291M from $358M YoY.
  • ·Restructuring expenses fell sharply to $4.4M from $25M.
  • ·Benefit from income taxes was $182M in FY2026.
C3.ai, Inc.8-Kmixedmateriality 8/10

25-03-2026

On March 12, 2026, the U.S. District Court for the Northern District of California granted in part C3.ai, Inc.'s motion to dismiss a securities class action complaint, dismissing with prejudice three of five causes of action, including all claims under Sections 10(b), 20(a), and 20A of the Exchange Act. What remains are narrow claims under Sections 11 and 15 of the Securities Act concerning a single statement in the December 9, 2020 IPO Registration Statement about FY2020 revenue recognition from Baker Hughes deals. While the Company views the remaining claims as meritless and plans to defend vigorously, unresolved litigation carries potential risks of costs or liabilities.

  • ·Case caption: The Reckstin Family Trust v. C3.ai, Inc. et al., No. 4:22-cv-01413-HSG
  • ·Court: U.S. District Court for the Northern District of California
  • ·Original complaint filed: March 4, 2022
  • ·Dismissed claims cannot be reasserted due to 'with prejudice' ruling
Ellington Financial Inc.8-Kneutralmateriality 5/10

25-03-2026

Ellington Financial Inc. furnished a press release under Item 7.01 on March 24, 2026, announcing its estimated book value per share of common stock as of February 28, 2026, in compliance with Regulation FD. The information is not deemed 'filed' and is attached as Exhibit 99.1. No specific book value figure or comparative data was provided in the filing.

  • ·Filing signed by JR Herlihy, Chief Financial Officer, on March 24, 2026
  • ·Registrant details: Delaware incorporation, Commission File Number 001-34569, IRS EIN 26-0489289, principal offices at 53 Forest Avenue, Old Greenwich, CT 06870
Social Commerce Partners Corp10-Kmixedmateriality 6/10

25-03-2026

Social Commerce Partners Corp (SCPQ), a SPAC, reported total assets of $101.1M as of December 31, 2025, including $100.1M in marketable securities held in the Trust Account from its IPO proceeds of $98.0M net plus $3.5M private placement. The company incurred a net loss of $0.58M for the period from inception (August 11, 2025) through year-end, driven by $0.52M compensation expense and $0.13M G&A costs, offset slightly by $0.06M interest income, resulting in a shareholders' deficit of $2.6M. Cash position stood at $1.0M outside the Trust, with no prior periods for comparison.

  • ·Loss from operations: $0.64M
  • ·Interest income: $59,591
  • ·Deferred underwriting fee: $3.5M
  • ·Net cash used in operating activities: $73,500
  • ·Basic and diluted net loss per share: $0.15 (Class A and Class B)
  • ·Net cash provided by financing activities: $101.1M
StableCoinX Inc.425neutralmateriality 8/10

25-03-2026

TLGY Acquisition Corp. issued this Rule 425 filing on March 25, 2026, disclosing a March 24, 2026 X.com post by Edward Chen, Chairman of SC Assets, regarding the proposed business combination with StableCoinX Inc., originally announced via agreement on July 21, 2025. The transaction aims to make TLGY and SC Assets subsidiaries of StablecoinX, enabling StablecoinX to become publicly traded, with the Registration Statement declared effective on February 17, 2026. The filing emphasizes forward-looking statements and substantial risks, including potential delays, high redemptions by TLGY shareholders, ENA price volatility, regulatory hurdles, and failure to realize anticipated benefits.

  • ·Business Combination Agreement entered on July 21, 2025
  • ·Registration Statement on Form S-4 declared effective on February 17, 2026
  • ·TLGY's business combination deadline referenced as a closing condition risk
CoJax Oil & Gas Corp10-Kmixedmateriality 8/10

25-03-2026

CoJax Oil & Gas Corp's FY 2025 net loss narrowed to $1.11M from $1.61M in FY 2024 (-31.1% YoY), supported by a 56.4% drop in impairment expense to $402K and 15.7% lower G&A expenses at $776K, alongside positive operating cash flow of $41K versus a $19K outflow. However, revenues were nearly flat at $964K (-0.8% YoY), lease operating expenses increased 17.5% to $418K, total assets declined to $9.58M from $10.51M, and stockholders' equity fell to $7.85M from $8.62M.

  • ·Proved properties at cost: $8.1M (2025) vs $8.9M (2024)
  • ·Accumulated depletion: ($900K) (2025) vs ($767K) (2024)
  • ·Accounts receivable net: $110K (2025) vs $147K (2024)
  • ·Common stock issued for accrued salaries: $340K (2025)
Inflection Point Acquisition Corp. VIS-1/Aneutralmateriality 9/10

25-03-2026

Inflection Point Acquisition Corp. VI, a blank check SPAC, filed Amendment No. 2 to its S-1 registration statement on March 24, 2026, for a proposed $220M IPO of 22M units priced at $10 each, comprising one Class A ordinary share and one-third of a redeemable warrant exercisable at $11.50. The sponsor, Inflection Point Holdings VI LLC, holds 8,433,333 Class B ordinary shares and commits to 5M private placement warrants at $1 each, alongside 2.4M from Cantor Fitzgerald & Co., totaling $7.4M; IPF intends a $25M PIPE. The offering includes a 45-day underwriter option for 3.3M additional units and a 24-month window to complete an initial business combination, with public share redemptions limited to 15% aggregate per shareholder group.

  • ·Warrants exercisable 30 days post-initial business combination, expire 5 years after or upon redemption/liquidation.
  • ·Trust account funds releasable only post-combination except $500K annual working capital (plus rollover) and taxes.
  • ·Sponsor Class B shares convertible to Class A on 1:1 basis pre-combination.
  • ·Principal executive offices: 1680 Michigan Avenue Suite 700 #1031, Miami Beach, FL 33139.
  • ·Nasdaq listing intended: IPFXU for units.
TALPHERA, INC.S-3neutralmateriality 6/10

25-03-2026

Talphera, Inc. (TLPH) filed a Form S-3 registration statement on March 24, 2026, to enable the resale by selling stockholders of up to 639,931 shares of common stock and 6,399,316 shares issuable upon exercise of pre-funded warrants from the Third Closing of its 2025 Private Placement on March 31, 2025, which generated approximately $4.1M in gross proceeds. The company will not receive any proceeds from these resales and bears the registration costs. No current financial performance metrics or period-over-period comparisons are disclosed in the filing.

  • ·Purchase price: $0.586 per common share and $0.585 per pre-funded warrant
  • ·Pre-funded warrants exercise price: $0.001 per share with unlimited term
  • ·Last reported sale price of common stock on March 23, 2026: $0.8012 per share
  • ·Company classified as smaller reporting company and non-accelerated filer
VECTOR 21 HOLDINGS, INC.10-Kmixedmateriality 3/10

25-03-2026

Vector 21 Holdings, Inc. reported no revenue for FY ended June 30, 2025, with a reduced net loss of $23,966 (down 40% YoY from $40,273) due to lower G&A expenses ($24,326 vs. $38,833). However, cash and cash equivalents depleted to $0 from $52, total liabilities rose 18% to $155,965 driven by higher accounts payable and related-party loans, and shareholders' deficit worsened to $(155,965). The company qualifies as an inactive registrant with minimal activity.

  • ·Accounts payable and accruals increased to $72,106 from $51,832.
  • ·Loan payable-related party rose to $32,399 from $28,399.
  • ·Promissory note-related party slightly declined to $51,460 from $51,820.
  • ·No investing activities in either year.
  • ·Net cash from financing activities dropped sharply to $4,000 from $22,080.
SELECTIS HEALTH, INC.SC 14D9neutralmateriality 7/10

25-03-2026

Selectis Health, Inc. disclosed that two subsidiaries entered a Purchase and Sale Agreement to sell its two remaining Georgia facilities for $15.7M, with closing anticipated on or before June 1, 2026, in response to a tender offer. No transactions, resolutions, or contracts relate to the offer beyond this sale. The company confirmed no golden parachute compensation agreements exist, though the Board is discussing a potential employee retention program that could award additional executive compensation upon transaction completion.

  • ·Filing signed by Adam Desmond on March 24, 2026.
  • ·No exhibits attached to the filing.
Range Capital Acquisition Corp II10-Kmixedmateriality 6/10

25-03-2026

Range Capital Acquisition Corp II (RNGTW), a SPAC, reported total assets of $233.4M as of December 31, 2025, with $232.1M held in the Trust Account from 23M Class A ordinary shares at $10.09 redemption value. For the period from inception (May 22, 2025) through year-end, the company posted net income of $1.8M driven by $2.1M interest income, but incurred an operating loss of $0.3M from G&A expenses, resulting in a shareholders' deficit of $6.9M.

  • ·Cash balance: $1.1M; Prepaid expenses: $85K; Long-term prepaid insurance: $53K
  • ·Accounts payable and accrued expenses: $11K; Accrued offering costs: $75K
  • ·Basic and diluted EPS for Class A and B shares: $0.12
  • ·Possible working capital loans up to $1.5M convertible into units at $10.00 per unit
Pure Storage, Inc.10-Kmixedmateriality 10/10

25-03-2026

Pure Storage, Inc. reported total revenue of $3.66B for FY2026, up 16% YoY from $3.17B in FY2025, driven by 16% growth in product revenue to $1.97B and 15% in subscription services revenue to $1.69B; subscription ARR also grew 16% YoY to $1.92B. However, operating expenses increased notably with R&D up 20% to $725M, sales and marketing up 17% to $1.08B, and total cost of revenue up 14% to $1.08B, while gross margins remained flat at 70%. Net cash from operating activities improved to $880M, though financing cash use deepened.

  • ·Product gross margin improved slightly to 67% from 66% YoY.
  • ·Subscription services gross margin flat at 74% YoY.
  • ·G&A expenses increased 10% YoY to $229M.
  • ·Net cash used in investing activities improved to $(108M) from $(218M).
  • ·Net cash used in financing activities increased to $(645M) from $(510M).
Concord Acquisition Corp II10-Kmixedmateriality 9/10

25-03-2026

Concord Acquisition Corp II reported net income of $556,003 for FY 2025, a turnaround from a $766,076 loss in FY 2024, driven by a 41% reduction in operating costs to $1.265M and positive changes in fair value of financial instruments. However, cash in Trust Account plummeted 99.6% to $99,373 amid $23.8M withdrawals related to redemptions that reduced redeemable shares from 2.2M to 8,550, leaving total assets at just $354k versus $24.7M prior year, with cash declining 63% to $197k. Stockholders’ deficit improved slightly to $(8.75M) from $(8.97M), but liquidity remains critically low.

  • ·Excise tax payable increased to $2.86M at Dec 31, 2025 from $2.46M.
  • ·Capital Contribution Note fair value decreased to $1.96M from $3.54M.
  • ·Warrant liability decreased to $604K from $737K.
  • ·Net cash used in operating activities improved to $929K used from $1.55M used.
  • ·Federal income tax paid $20K in 2025 vs $671K in 2024.
Bleichroeder Acquisition 2 France425positivemateriality 9/10

25-03-2026

Pasqal Holding SAS, the target in the proposed business combination with Bleichroeder Acquisition Corp. II, plans a Nasdaq listing in 2026 followed by a secondary Euronext listing, highlighting its neutral-atom quantum computers with ~200 qubits, a 2024 1,000-qubit demonstration, and manufacturing lead times reduced to 9-12 months from over two years. The company signed an MOU with Seoul Metropolitan Government for a quantum R&D center involving $52.84M investment and 51 new jobs, while expanding partnerships with LG Electronics, BMW, EDF, Thales, and Crédit Agricole CIB. Pasqal aims to scale to 10,000-qubit systems using Photonic Integrated Circuits and positions itself as a leader with a workforce of over 275 employees, including ~70 PhDs.

  • ·Pasqal founded in 2019 at Institut d’Optique, France; first commercialized 200-qubit quantum computer.
  • ·Quantum computers delivered to GENCI (France, 2024), Aramco (Saudi Arabia, 2025), and installed in Italy, Canada, Germany.
  • ·Three of eight EuroHPC JU commissioned quantum computers are Pasqal models.
  • ·Manufacturing facility expanded with nine QPU bays; additional production site in Canada.
  • ·Operates at room temperature (~20°C) using laser-based neutral-atom control, no cryogenic cooling required.
Integra Resources Corp.40-Fneutralmateriality 5/10

25-03-2026

Integra Resources Corp. (ITRG) filed its Form 40-F Annual Report for the fiscal year ended December 31, 2025, incorporating the Annual Information Form, audited financial statements for 2025 and 2024 under IFRS, and MD&A. Management confirmed effective disclosure controls, internal controls over financial reporting, and no material changes or restatements. At the Florida Canyon Mine, MSHA issued 100 Section 104 S&S citations with $1,242 in proposed assessments but no fatalities, orders, or patterns of violations.

  • ·Exchange rate on December 31, 2025: Cdn.$1.00 = U.S.$0.7296
  • ·No off-balance sheet arrangements
  • ·No waivers of Code of Business Conduct and Ethics during FY 2025
  • ·No Regulation BTR blackout notices during FY 2025
  • ·No recovery of erroneously awarded compensation required as of December 31, 2025
Aldel Financial II Inc.10-Kneutralmateriality 6/10

25-03-2026

Aldel Financial II Inc., a blank check company (SPAC), filed its 10-K for the year ended December 31, 2025, reporting no principal operations and a trust account balance of $243.0M (approximately $10.57 per public share), up from $231.2M initially funded post-IPO due to interest income. The company raised $230.0M gross proceeds from its October 23, 2024 IPO of 23.0M units at $10.00 each (including over-allotment) and $7.1M from private placements, while holding $0.5M cash outside the trust. It continues seeking a business combination in financial services within a 24-month window, with no redemptions or withdrawals from trust for taxes to date.

  • ·IPO registration statement effective Oct 21, 2024; Public Warrants exercisable at $11.50/share after BC or 12 months post-IPO.
  • ·24-month period to complete initial Business Combination (from Oct 23, 2024).
  • ·No interest withdrawn from trust for taxes as of Dec 31, 2025.
  • ·Sponsor transferred 690,000 founder shares to management and board on Aug 13, 2024.
Securetech Innovations, Inc.10-Kmixedmateriality 9/10

25-03-2026

Securetech Innovations, Inc. (SCTH) reported audited FY2025 revenue of $7.7 million, substantially all from AI UltraProd, acquired on June 23, 2025, which now serves as its primary operating business. The company outlined a 2026 roadmap including NASDAQ uplisting in Q2, expansions into U.S. and Indonesian markets, an investor awareness program starting late February, and M&A targeting $5-10M revenue companies. However, it highlighted extensive risks such as material weaknesses in internal controls, dependence on key personnel like J. Scott Sitra, potential market non-acceptance, and challenges with inventory management and competition.

  • ·Piranha Blockchain is an early-stage enterprise focused on digital-asset infrastructure and cybersecurity.
  • ·Terra Nova Technologies (Top Kontrol) is a legacy product line undergoing restructuring for planned spin-off to OTCQB.
  • ·Product revenue streams include one-time cybersecurity sales, subscription services, cryptocurrency ventures, and transaction fees.
Range Capital Acquisition Corp.10-Kmixedmateriality 7/10

25-03-2026

Range Capital Acquisition Corp. reported net income of $4.0M for the year ended December 31, 2025, a turnaround from a $39K loss in the period from inception (July 24, 2024) through December 31, 2024, primarily driven by $4.8M in interest earned on the Trust Account. However, operating costs increased significantly to $803K from $147K over the comparable periods, resulting in a larger operating loss. The Trust Account balance grew to $120.5M as of December 31, 2025, from $100.6M a year earlier, with redemption value rising to $10.48 per share.

  • ·Up to $1.5M in non-interest bearing loans from initial shareholders, officers, or directors may be convertible into working capital units at $10.00 per unit.
  • ·Shareholders’ equity decreased to $211K as of Dec 31, 2025 from $847K as of Dec 31, 2024.
  • ·Over-allotment option liability settled to $0 from $148K.
STRATUS PROPERTIES INC8-Kmixedmateriality 10/10

25-03-2026

Stratus Properties Inc.'s Board of Directors unanimously approved a plan of complete liquidation and dissolution on March 24, 2026, following a strategic review initiated on March 11, 2026, which involves selling all or substantially all assets and distributing net proceeds to stockholders, estimated at $29.73 to $37.69 per share. The plan requires stockholder approval at a future meeting, with a proxy statement to be filed with the SEC. While offering potential significant distributions, execution faces risks such as delayed asset sales, transaction costs, liabilities, litigation, and failure to obtain approval.

  • ·Filing intended as soliciting material under Rule 14a-12.
  • ·Proxy statement on Schedule 14A filed April 8, 2025.
  • ·Annual Report on Form 10-K for year ended December 31, 2024; Quarterly Report on Form 10-Q for quarter ended September 30, 2025.
Morgan Stanley Capital I Trust 2019-H610-Kneutralmateriality 3/10

25-03-2026

Morgan Stanley Capital I Trust 2019-H6 filed its 10-K annual report on March 25, 2026, containing Regulation AB servicing criteria compliance assertions from servicers Midland, K-Star, PBLS, an unnamed Company, and CoreLogic. Most criteria are affirmed as performed directly or by responsible vendors, while others are designated N/A, not performed by the servicer, or inapplicable depending on the entity. No material non-compliance, deficiencies, or exceptions are reported across the board.

  • ·Multiple criteria marked N/A (e.g., back-up servicer requirements, investor reporting specifics) or 'NOT performed' by certain servicers where inapplicable to their role.
  • ·Footnotes referenced (e.g., 1,2,3,4,i,Xi) for certain assertions, but details truncated.
Braze, Inc.10-Kmixedmateriality 10/10

25-03-2026

Braze, Inc. (BRZE) reported FY2026 revenue of $738.2M, up 24.4% YoY from $593.4M in FY2025, with gross profit rising 20.8% to $495.7M. However, cost of revenue increased 32.4% to $242.5M, causing gross margin to contract slightly to 67.1% from 69.1%, while operating loss widened to $144.8M from $122.2M and net loss grew to $130.8M from $104.0M amid elevated operating expenses (up to 87% of revenue from 90%). Positively, net cash provided by operating activities more than doubled to $71.4M from $36.7M, and non-GAAP free cash flow improved to $58.1M from $19.6M.

  • ·Sales and marketing expenses reached $327.0M in FY2026, up from $247.1M in FY2024.
  • ·Research and development expenses increased to $167.1M in FY2026 from $119.9M in FY2024.
  • ·Total operating expenses were 87% of revenue in FY2026, improved from 99% in FY2024.
  • ·Net cash used in investing activities was $50.9M in FY2026, up from $20.0M in FY2024.
NEWS CORP8-Kneutralmateriality 4/10

25-03-2026

News Corporation disclosed information provided to the Australian Securities Exchange (ASX) regarding its ongoing $1B stock repurchase program for Class A and Class B common stock, as required under ASX rules, with details attached as Exhibits 99.1 and 99.2. The program authorizes up to $1B in aggregate repurchases, with daily disclosures of any transactions. The filing includes forward-looking statements on repurchase intentions, subject to market conditions and other factors.

AAR CORP10-Qmixedmateriality 9/10

25-03-2026

AAR Corp's Q3 FY26 sales surged 25% YoY to $845.1M, with products up 30% to $539.5M and services up 17% to $305.6M, driving net income of $68.0M versus a $8.9M loss prior year; nine-month sales grew 18% to $2.38B with net income $137.0M versus $21.5M loss. However, Q3 operating income fell 7% YoY to $65.8M amid SG&A expenses rising 47% to $89.8M, and nine-month cash from operations was modest at $43.4M after $222M acquisition outflow and $24.6M capex. Balance sheet expanded with total assets at $3.33B (up 17% QoQ) and equity $1.64B (up 36%), but inventories rose 19% to $958.2M and cash declined to $78.5M.

  • ·Equity offering proceeds funded growth, with common stock issued increasing to 48.8M shares from 45.3M.
  • ·Net cash used in investing activities $251.8M for nine months, primarily acquisitions.
  • ·Purchase price for recent acquisition $78.0M net of cash acquired, with net assets $113.7M.
HNO International, Inc.10-Qmixedmateriality 6/10

25-03-2026

HNO International reported no revenue for the three months ended January 31, 2026 or 2025, resulting in a net loss of $182,069, a 96.7% improvement from the prior year's $5.46M loss, driven by sharply lower operating expenses ($188K vs. $5.45M). Cash balance increased to $81K from $10K QoQ, supported by $198K in financing inflows, though total assets declined 20% QoQ to $1.39M amid a stockholders' deficit widening slightly to $1.70M. Operating cash burn improved to $126K from $168K YoY but remains negative with ongoing reliance on related party advances and stock sales.

  • ·Convertible note payable converted to 193,164 common shares under Regulation A.
  • ·Related party advances increased by $130K during Q1 2026.
  • ·Property and equipment, net declined to $1.26M from $1.32M QoQ due to $65K depreciation.
  • ·Unregistered sales: 500,000 shares to Raymond Renfrow (Reg D, Nov 2025), 33,334 shares to Kevin Bens (Reg A, Dec 2025), 333,334 shares to Tri-Bridge Ventures, LLC (Reg A, Jan 2026).
ROGERS CORPDEFA14Aneutralmateriality 3/10

25-03-2026

Rogers Corporation filed Definitive Additional Proxy Materials (DEFA14A) on March 25, 2026, pursuant to Section 14(a) of the Securities Exchange Act of 1934. The filing indicates no fee was required and is marked as Definitive Additional Materials, not preliminary or soliciting material under specific rules. No substantive financial data, metrics, or changes are disclosed in the provided filing header.

  • ·Filing Type: DEFA14A (Definitive Additional Materials)
  • ·Filed by the Registrant
  • ·No fee required
byNordic Acquisition Corp10-Kmixedmateriality 8/10

25-03-2026

byNordic Acquisition Corp reported a widened net loss of $731,544 for the year ended December 31, 2025, compared to $206,537 in 2024, primarily due to a 74% decline in interest income to $398,336 amid a 53% drop in Trust Account balance to $5.5M following redemptions of shares. While operating costs improved 27% YoY to $1.06M and cash balance rose 24% to $338K, total liabilities increased 11% to $14.7M driven by higher related-party promissory notes ($7.7M, up 23%), and stockholders' deficit deepened to $14.4M.

  • ·Deferred underwriters’ discount remained at $6.0M as of Dec 31, 2025.
  • ·Excise tax payable decreased to $70,197 from $295,573 YoY.
  • ·Net cash used in operating activities improved to $1.1M from $3.0M YoY.
Brand Engagement Network Inc.8-Kneutralmateriality 7/10

25-03-2026

Brand Engagement Network Inc. announced that Bernard Puckett notified the Board he will step down as Chairman and resign as a director effective March 31, 2026, after serving as Interim Chairman since August 2025 and Board member since April 2023; his departure is not due to any disagreements. The Board appointed independent director Jon Leibowitz as the new Chairman effective April 1, 2026. Mr. Leibowitz brings extensive experience from roles at the Federal Trade Commission, Davis Polk & Wardwell LLP, and as Chairman of the National Consumers League.

  • ·Puckett served as Chair of the Audit Committee and member of Compensation Committee and Nominating and Corporate Governance Committee.
  • ·Leibowitz currently serves as Chair of the Nominating and Corporate Governance Committee and member of the Audit Committee.
  • ·Resignation letter from Puckett dated March 20, 2026, attached as Exhibit 17.1.
Chiba Kogyo Bank, Ltd.425positivemateriality 9/10

25-03-2026

The Chiba Kogyo Bank, Ltd. announced the repurchase of up to 1,500,000 Class II Preferred Shares for ¥6B, up to 301,000 2nd Series of Class VI Preferred Shares for ¥6.1B, and up to 4,723 2nd Series of Class VII Preferred Shares for ¥2.4B, as preparation for a joint share transfer with The Chiba Bank, Ltd. to establish Chiba Financial Group, Inc. effective April 1, 2027. Repurchases will occur via agreement with shareholders from July 1, 2026, to January 31, 2027, following the prior cancellation of 1st Series of Class VII Preferred Shares on April 1, 2026. The move aims to maintain a capital ratio of at least 8% post-transaction.

  • ·Bank plans to secure capital ratio of at least 8% post-Share Transfer through Joint Holding Company support.
  • ·Repurchase methods involve agreements with specific preferred shareholders, with notice or public announcement.
  • ·Future Form F-4 filing planned with SEC for the Share Transfer.
Ingredion Inc8-Kneutralmateriality 8/10

25-03-2026

On March 18, 2026, Ingredion Incorporated's Board of Directors elected Jason Payant as Interim Chief Financial Officer effective April 1, 2026, succeeding James D. Gray, whose resignation as EVP and CFO was effective March 31, 2026. Mr. Payant, age 55, has served the company since 2012 in various senior finance roles, including Vice President, Finance, Global Texture & Healthful Solutions since November 2025. He will receive $25,000 monthly cash compensation in addition to his existing compensation and benefits during his interim tenure.

  • ·Jason Payant previously served as Vice President, Finance, Food & Industrial Ingredients U.S./Canada from January 2024 to November 2025, Interim Vice President, Investor Relations from September 2021 to October 2022, and Vice President, Finance from October 2017 to January 2024.
  • ·No arrangements or understandings with other persons for Mr. Payant's selection; no material transactions involving Mr. Payant or his family.
  • ·James D. Gray's resignation reported on January 27, 2026.
STEPAN CODEF 14Aneutralmateriality 7/10

25-03-2026

Stepan Co's DEF 14A proxy statement outlines its 2025 board and committee activities, with the Board holding 5 meetings and all directors attending more than 75% of Board and committee meetings. Standing committees (Audit, Compliance, Human Capital and Compensation, Nominating and Corporate Governance) held 3-4 meetings each, comprised entirely of independent directors Ms. Burgess, Mr. Dearth, Mr. Delgado, Ms. Lewis, Mr. Painter, and Ms. Reed, with Ms. Burgess as audit committee financial expert. F. Quinn Stepan Jr. and Luis E. Rojo are not independent due to family ties and CEO role, respectively.

  • ·All directors except retired Mr. Wehmer (virtual) attended the 2025 Annual Meeting in person; all current directors and nominees expected at 2026 Annual Meeting.
  • ·Stockholder recommendations for director nominees must be submitted in writing to Secretary at 1101 Skokie Boulevard, Northbrook, Illinois 60062, per By-laws; deadline for 2027 Annual Meeting specified in proposals section.
  • ·Compensation-related XBRL disclosures cover Principal Executive Officer (PEO) and Non-PEO Named Executive Officers (NEOs) for periods 2021-2025, including equity awards adjustments and fair value changes.
Zedge, Inc.8-Kpositivemateriality 7/10

25-03-2026

Zedge, Inc. announced a 25% increase in its quarterly cash dividend to $0.02 per share from $0.016, payable on April 15, 2026 to stockholders of record as of April 6, 2026, reflecting confidence in business prospects backed by record Q2 revenue, ARPMAU, active subscriptions, Zedge Premium GTV, and 31% YoY free cash flow growth. The company maintains a debt-free balance sheet with $19.1 million in cash. No declines or flat metrics were reported.

  • ·Dividend initiated just five months prior to this increase.
  • ·Company remains debt-free.
AMAZE HOLDINGS, INC.8-Kneutralmateriality 6/10

25-03-2026

Amaze Holdings, Inc. (AMZE) filed an 8-K on March 25, 2026, under Items 7.01 (Regulation FD Disclosure) and 9.01, furnishing a letter to shareholders as Exhibit 99.1 detailing important recent developments and corporate updates. The filing notes the company's former name as Fresh Vine Wine, Inc., and is signed by CFO Joel Krutz. No specific financial metrics or performance data are disclosed in the filing itself.

  • ·Company address: 150 Paularino, Suite D-200, Costa Mesa, CA 92626
  • ·Telephone: (855) 766-9463
  • ·Securities: Common stock, par value $0.001 per share, trading as AMZE on NYSE American
  • ·Emerging growth company: Yes
AMAZE HOLDINGS, INC.8-Kneutralmateriality 4/10

25-03-2026

Amaze Holdings, Inc. (AMZE) filed an 8-K on March 25, 2026, disclosing under Item 7.01 that it uploaded an investor presentation to its website on March 24, 2026, furnished as Exhibit 99.1. The presentation is not deemed 'filed' under the Exchange Act. No financial metrics or performance data are provided in the filing.

  • ·Securities registered: Common stock, par value $0.001 per share (AMZE on NYSE American)
  • ·Emerging growth company: Yes
  • ·Principal executive offices: 150 Paularino, Suite D-200, Costa Mesa, CA 92626
  • ·Telephone: (855) 766-9463
  • ·Commission File Number: 001-41147
  • ·I.R.S. Employer Identification No.: 87-3905007
HBT Financial, Inc.8-Kpositivemateriality 6/10

25-03-2026

HBT Financial, Inc. announced the appointment of Michael J. Morton to the Board of Directors of HBT Financial and Heartland Bank, effective April 1, 2026, with his initial term expiring at the 2026 Annual Meeting of Stockholders. Mr. Morton brings nearly 40 years of banking experience, including as Vice Chair of U.S. Commercial Banking at BMO (2020-2023) and Executive Vice President and Chief Credit Officer at MB Financial (2014-2019). As of December 31, 2025, HBT Financial reported total assets of $5.1B, total loans of $3.5B, and total deposits of $4.4B.

  • ·HBT Financial operates 83 full-service branches in Illinois, eastern Iowa, and suburban St. Louis.
  • ·Mr. Morton holds a BS from Illinois State University and an MBA from DePaul University.
  • ·Contact: HBTIR@hbtbank.com, (309) 664-4556
Enact Holdings, Inc.DEFA14Aneutralmateriality 3/10

25-03-2026

Enact Holdings, Inc. filed a DEFA14A (Definitive Additional Materials) on March 25, 2026, consisting of a Notice Regarding the Availability of Proxy Materials for its Annual Meeting of Stockholders scheduled for May 13, 2026. This is a routine proxy solicitation update with no financial results, performance metrics, or other quantitative data disclosed.

Enact Holdings, Inc.DEF 14Apositivemateriality 9/10

25-03-2026

Enact Holdings, Inc. reported strong 2025 performance with net income of $674M, record insurance in-force of $273B, new insurance written of $52B, PMIERs sufficiency of 162% ($1.9B excess), and total shareholder return of ~25%, while returning over $500M to shareholders via dividends and repurchases. Operating expenses declined 2% YoY to $218M amid inflation, supporting expense discipline. The 2026 Annual Meeting on May 13 seeks approval for election of 11 directors, advisory vote on NEO compensation, and auditor ratification.

  • ·8 of 11 director nominees are independent.
  • ·Board diversity: 3/11 female, 3/11 racially/ethnically diverse.
  • ·Record date for voting: March 16, 2026.
  • ·Virtual annual meeting at www.virtualshareholdermeeting.com/ACT2026.
Maze Therapeutics, Inc.8-Kmixedmateriality 9/10

25-03-2026

Maze Therapeutics announced positive topline Phase 2 HORIZON data for MZE829 in broad AMKD, with a 35.6% mean uACR reduction at week 12 (61.8% in severe FSGS patients), supporting advancement to a pivotal program, alongside plans for two Phase 2 trials of MZE782 in PKU and CKD in 2026. Cash position strengthened to $360.0M as of Dec 31, 2025 (up from $196.8M in 2024), providing runway into 2028, and Neil Kumar, Ph.D. was appointed to the Board. However, FY2025 net loss widened to $131.1M from a $52.2M profit in 2024, driven by no license revenue (vs. $167.5M in 2024) and increases in R&D expenses (30%) and G&A expenses (31%).

  • ·No serious adverse events or severe treatment-related AEs observed in HORIZON trial.
  • ·MZE782 Phase 2 POC trials to initiate mid-2026 (PKU) and H2 2026 (CKD).
  • ·Conference call held March 25, 2026 at 8:00 am EDT.
  • ·Tiered royalties from Shionogi: low double-digits to 20% on net sales.
Energous Corp8-Kpositivemateriality 9/10

25-03-2026

Energous Corporation reported FY2025 revenue of $5.6M, a 633% YoY increase from $0.8M in FY2024, marking the highest annual revenue in company history and the fourth consecutive quarter of growth, with Q4 revenue at $3.0M (+139% QoQ from $1.3M). Net loss improved 48% to $9.6M (lowest since 2013) from $18.4M, gross margin rose to 36% from 2%, and GAAP operating expenses declined 35% to $12.0M; however, the company remains unprofitable with Q4 net loss at $1.3M (improved 37% QoQ but still a loss). Cash and equivalents were $10.4M at year-end, bolstered by $31.9M raised post-year through March 23, 2026, reaching $39.4M.

  • ·Over 25,000 PowerBridge transmitters shipped in 2025 with zero product returns since PowerBridge Pro commercial production began in 2024.
  • ·15 new patents granted in 2025.
  • ·Achieved AWS Independent Software Vendor (ISV) Accelerate status.
  • ·Expanded production capacity with new U.S.-based contract manufacturer effective March 2026.
  • ·Cash and equivalents increased to $39.4M as of March 23, 2026 after $31.9M ATM proceeds.
Chewy, Inc.8-Kmixedmateriality 9/10

25-03-2026

Chewy reported FY2025 net sales of $12.6B, up 6.2% YoY or 8.3% on a normalized 52-week basis, with gross margin expanding 60bps to 29.8%, Adjusted EBITDA up $148.7M to $719.2M (margin +90bps), and record free cash flow of $562M. However, GAAP net income declined 43% to $222.8M (margin -150bps) primarily due to a prior-year $275.7M tax benefit, and Q4 reported net sales grew only 0.5% YoY (flat unnormalized vs. 14-week prior quarter). The company strengthened its balance sheet with cash rising to $860.1M and 21.3M active customers.

  • ·Total assets increased to $3.37B from $3.01B YoY.
  • ·Stockholders' equity rose to $497.9M from $261.5M.
  • ·Q4 Adjusted net income decreased $5.2M YoY to $114.8M.
  • ·Conference call held March 25, 2026 at 8:00 am ET.
Hamilton Beach Brands Holding CoDEFA14Aneutralmateriality 8/10

25-03-2026

Hamilton Beach Brands Holding Company issued a Definitive Additional Proxy Statement (DEFA14A) notice for its Annual Meeting of Stockholders on May 7, 2026, at 11:00 AM ET in Cleveland, Ohio. Shareholders are to vote on the election of 12 director nominees, advisory approval of Named Executive Officer compensation, and ratification of Ernst & Young LLP as the independent auditor for 2026; the Board recommends voting FOR all proposals. Proxy materials, including the 2025 Annual Report and 2026 Proxy Statement, are available online at www.investorvote.com/HBB, with paper requests due by April 27, 2026.

  • ·Meeting location: 5875 Landerbrook Drive, Cleveland, Ohio 44124
  • ·Electronic votes must be received by 11:00 AM Eastern Time on May 7, 2026
  • ·Paper copy requests must be received by April 27, 2026

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