Core Insights - Conduent Incorporated reported its Q2 2025 financial results, highlighting progress in Adjusted EBITDA and Adjusted EBITDA margin, with revenue slightly higher sequentially despite an overall year-over-year decline [2][3][4] Financial Performance - Q2 2025 revenue was $754 million, down 8.9% from $828 million in Q2 2024, while Adjusted Revenue decreased by 2.6% to $754 million from $774 million [3][4] - GAAP Net Loss for Q2 2025 was $(40) million compared to a profit of $216 million in Q2 2024, with Adjusted EBITDA increasing by 54.2% to $37 million from $24 million [3][4] - Adjusted EBITDA Margin improved to 4.9%, up 180 basis points from 3.1% in the prior year [3][4] - Cash Flow from Operating Activities improved to $(15) million from $(41) million, and Adjusted Free Cash Flow improved to $(30) million from $(55) million [3][4] Business Developments - New business signings increased year-over-year and sequentially, with an Annual Contract Value (ACV) of $150 million [5][6] - The company is focusing on technology investments and client relationships, particularly in the Transportation segment, which is showing accelerated performance [3][5] - Conduent's liquidity position remains strong, with a $550 million revolving credit facility largely undrawn [5] Strategic Changes - The company is undergoing portfolio rationalization efforts expected to positively impact margins and cash flow, with new leadership bringing industry experience [3][5] - Harsha Agadi has been appointed as the new Chairman of the Board, indicating a strategic pivot towards growth [3][5] Outlook - For FY 2025, Conduent projects Adjusted Revenue between $3.1 billion and $3.2 billion, with an Adjusted EBITDA margin target of 5.0% to 5.5% [8]

Core Points - Abaxx Technologies Inc. will host an investor update call on August 11, 2025, to discuss recent technology pilot initiatives and operational milestones [1][2][3] - The call aims to provide insights into how these initiatives align with Abaxx's commercial strategy and progress in key business areas [2][3] Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and it is the majority shareholder of Abaxx Singapore Pte Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse [1][4] - The company focuses on developing financial technologies that enhance communication, trade, and transaction security [4] Market Infrastructure - Abaxx Exchange provides critical market infrastructure for the transition to a low-carbon economy through centrally-cleared, physically-deliverable futures contracts in various commodities, including LNG, carbon, battery materials, and precious metals [5] - Abaxx Spot modernizes physical gold trading with a physically-backed gold pool in Singapore, enabling secure electronic transactions and efficient OTC transfers [6] Strategic Goals - The company aims to create smarter markets by leveraging better tools, benchmarks, and technology to address significant societal challenges, including the energy transition [3][5]

This marks the first step for ZOOZ to become the first Nasdaq and TASE dual-listed company to adopt Bitcoin as a treasury asset TEL AVIV, Israel, Aug. 06, 2025 (GLOBE NEWSWIRE) -- ZOOZ Power Ltd. (Nasdaq and TASE: ZOOZ) (“ZOOZ” or the “Company”) today announced the closing of the initial private placement transaction (the “Initial Private Placement”) in the amount of $5 million (prior to deducting offering expenses) as part of a larger $180 million (in the aggregate) private placement with accredited instit ...

Core Insights - Pure Harvest Corporate Group, Inc. has eliminated all remaining debt from its balance sheet, marking a significant milestone in the company's transformation [1][2] - The company is now positioned to accelerate its long-term vision with a renewed focus on growth initiatives and strategic investments aimed at creating lasting value for shareholders [2][3] Financial Restructuring - Following a comprehensive effort to restructure liabilities, Pure Harvest is now debt-free, which enhances its financial foundation and flexibility [2] - The management team has executed a disciplined plan to clean up the capital structure and retire legacy obligations, allowing the company to move forward with confidence [3] Strategic Growth Initiatives - Pure Harvest's management is actively identifying and evaluating strategic acquisition opportunities in high-potential sectors, focusing on scalable operations and proven leadership [3] - The company aims to build a future-forward platform capable of executing its vision and delivering long-term value [4] Company Overview - Pure Harvest Corporate Group, Inc. is a diversified holding company dedicated to strategic acquisitions and innovative solutions across various sectors [4] - The company focuses on identifying and acquiring businesses with high-growth potential, emphasizing sustainable operations and scalable business models [4]

Core Viewpoint - FLUENT Corp. announces the resignation of CEO Robert Beasley, effective August 8, 2025, as part of a mutual decision to facilitate a leadership change for the company's strategic priorities [1][2]. Company Overview - FLUENT is a national cannabis consumer packaged goods company and retailer, committed to operational excellence in cultivation, production, distribution, and retail experience [3]. - The company operates in Florida, New York, Pennsylvania, and Texas, employing over 700 staff across 8 cultivation and manufacturing facilities and 42 active retail locations [3]. - FLUENT produces a diverse portfolio of cannabis products under brands such as MOODS, Knack, Wandr, Bag-O, and Hyer Kind [3]. Leadership Transition - William Smith, Executive Chair of the Board, expressed gratitude for Robert Beasley's leadership and contributions, emphasizing the company's readiness for future growth [2]. - David Vautrin, former Chief Commercial Officer, will serve as Interim Chief Executive Officer starting August 8, 2025, while the search for a permanent CEO begins [2].

Core Insights - IREN Limited reported record monthly revenue of $86 million and hardware profits of $66 million in July 2025, driven by strong Bitcoin mining economics and demand for AI Cloud services [7][5][11] Bitcoin Mining Performance - Average operating hashrate increased to 45.4 EH/s in July from 41.1 EH/s in June [4] - Total Bitcoin mined rose to 728 BTC in July, up from 620 BTC in June [4] - Revenue per Bitcoin mined increased to $114,891 from $105,730 [4] - Net electricity cost per Bitcoin mined was $27,976, compared to $26,259 in June [4] - Total revenue from Bitcoin mining reached $83.6 million, up from $65.5 million in June [4] - Hardware profit from Bitcoin mining was $63.3 million with a profit margin of 76%, slightly up from 75% in June [4] AI Cloud Services - Revenue from AI Cloud services was $2.3 million, a slight increase from $2.2 million in June [6] - Hardware profit for AI Cloud services was $2.3 million with a consistent profit margin of 98% [6] - The company expanded its AI Cloud capabilities with the addition of 2,400 NVIDIA B200/B300 GPUs and completed the initial shipment of B200 GPUs [5][11] Infrastructure and Growth Initiatives - The 50MW Horizon 1 liquid-cooled AI data center is on track for completion in Q4 2025 [5] - Mackenzie fiber upgrade has been completed, enhancing network redundancy and supporting AI Cloud growth [5][11] - Civil and electrical works for the 1,400MW Sweetwater 1 project are ongoing [5] Management Commentary - Management highlighted the adaptability of their infrastructure to run ASICs and GPUs side-by-side, capturing market opportunities [8] - The company is experiencing accelerating interest in newly procured Blackwell GPUs, with significant contracts already in place [8][11]

Company Overview - Stack Capital Group Inc. reported its financial results for the quarter ended June 30, 2025, with all amounts in Canadian Dollars [1] - The Company aims to invest in growth-to-late-stage private businesses, providing shareholders with exposure to a diversified private investment portfolio [7] Financial Performance - As of June 30, 2025, the Book Value of the Company was $157.6 million, and the Book Value per Share was $14.34, an increase from $12.06 as of March 31, 2025 [3][5] - The Company marked up its investment in CoreWeave by US$25.7 million, reflecting a closing price of US$163.06 [5] - An additional US$3 million was invested in SpaceX during Q2-2025, with SpaceX's valuation increasing from US$350 billion to US$400 billion post-quarter [5] Investment Portfolio - The breakdown of Book Value per Share as of June 30, 2025, includes significant investments in various companies: - CoreWeave, Inc. (AI hyper-scaler): $4.25 - SpaceX: $2.47 - Locus Robotics, Inc. (autonomous robots): $1.26 - Canva, Inc. (graphic design): $1.23 - Omio, Inc. (travel & leisure): $1.05 - Hopper, Inc. (travel & leisure): $1.03 - Newfront Insurance, Inc. (insurance & benefits): $1.02 - Prove Identity, Inc. (cyber-security): $0.98 - Bolt Financial, Inc. (e-commerce): $0.48 - Shield AI, Inc. (military defense): $0.39 - Varo Money, Inc. (neo-banking): $0.13 - Cash: $0.50 - Net other assets: $(0.45) [4] Market Environment - The CEO of Stack Capital noted a robust IPO environment and strong momentum in private markets, particularly among disruptive companies in AI, LLMs, and robotics [3] - The Company remains focused on backing category-leading businesses that can deliver long-term value for shareholders [3]

Core Viewpoint - FOXO Technologies Inc. has executed a non-binding acquisition agreement to acquire an assisted living and memory care facility in South Florida for an expected purchase price of $22 million [1][2]. Group 1: Acquisition Details - The acquisition includes the land and buildings of a facility with 87 licensed units for assisted living and memory care services [2]. - The purchase price will consist of $5 million in non-convertible preferred stock, with a portion of the price being milestone-based [2]. - Completion of the acquisition is contingent upon definitive agreements and various closing conditions, including satisfactory due diligence and financing [2]. Group 2: Strategic Expansion - The CEO of FOXO stated that this agreement aligns with the company's strategy to expand its healthcare services by adding assisted living facilities [3]. - The company is confident in closing on additional acquisitions that could add over 350 units for assisted living and memory care services [3]. - FOXO is also in advanced stages of confirming a definitive agreement for the acquisition of Vector Biosource, Inc. [3]. Group 3: Future Outlook - FOXO is actively exploring and negotiating further opportunities in the assisted living and behavioral health sector, with imminent expansion plans for its Myrtle Recovery Centers, Inc. business [4]. - The company anticipates filing its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, by August 14, 2025, expecting to show continued improvement in net revenues, profitability, and stockholders' equity [4]. Group 4: Company Overview - FOXO Technologies Inc. operates three subsidiaries: Rennova Community Health, Inc., Myrtle Recovery Centers, Inc., and FOXO Labs, Inc., focusing on healthcare and biotechnology [5][6].

Core Viewpoint - Clearway Energy, Inc. has announced a $100 million At-The-Market equity offering program to raise capital for general corporate purposes, including debt repayment, working capital, and investments [1][3]. Group 1: Equity Offering Details - The company will offer shares of its Class C common stock through an Equity Distribution Agreement with major financial institutions including Morgan Stanley, BofA Securities, Citigroup, J.P. Morgan, and Wells Fargo Securities [1]. - The shares will be sold at market prices on the New York Stock Exchange, with an aggregate sales price of up to $100 million [1][4]. - The offering is made under a prospectus supplement dated August 6, 2025, linked to the company's shelf registration statement effective since August 8, 2023 [2]. Group 2: Use of Proceeds - The net proceeds from the equity offering will be utilized for general corporate purposes, which may include repayment or refinancing of debt, funding working capital, capital expenditures, and potential acquisitions [3]. - The company may also invest any immediate surplus funds in marketable securities and short-term investments [3]. Group 3: Company Overview - Clearway Energy, Inc. is a significant owner of clean energy generation assets in the U.S., with a portfolio of approximately 12 GW of gross capacity across 27 states [5]. - The portfolio includes around 9.2 GW of wind, solar, and battery energy storage systems, and approximately 2.8 GW of dispatchable combustion-based power generation assets [5]. - The company aims to provide stable and growing dividend income to its investors through its diversified and primarily contracted portfolio [5].

Core Insights - Helix Acquisition Corp. II has retained approximately $120 million in its trust account, net of redemptions, representing over 60% of the cash held in trust [1] - The transaction is expected to raise approximately $382 million in gross proceeds, including $120 million from Helix's trust account and about $261 million from a private placement transaction [2] - Helix and TheRas, Inc. (BridgeBio Oncology Therapeutics) plan to expedite the closing of their business combination, pending the satisfaction or waiver of closing conditions [3] Company Overview - Helix Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to effect a merger or similar business combination, having raised $184 million in its initial public offering on February 9, 2024 [4] - TheRas, Inc. (BridgeBio Oncology Therapeutics) is a clinical-stage biopharmaceutical company focused on developing novel small molecule therapeutics targeting RAS and PI3Kα malignancies, initially formed as a subsidiary of BridgeBio Pharma, Inc. [5] Financial Highlights - The combined company will have access to gross proceeds of approximately $120 million from the trust account and approximately $261 million from PIPE financing at the closing [7] - The transaction reflects the lowest redemption rate for a biotech de-SPAC transaction since 2022 [7]