Core Insights - AZIO AI Corporation is pursuing a potential business combination with Envirotech Vehicles, Inc. (EVTV), informed by an independent third-party valuation of approximately $480 million [3] - The proposed transaction would involve EVTV acquiring 100% of AZIO AI's outstanding equity, contingent upon due diligence, definitive agreements, and necessary approvals [2] Transaction Framework - The transaction framework is based on a valuation of AZIO AI at around $480 million, positioning AZIO AI as the primary operating entity to shift EVTV's strategy towards AI infrastructure [3] - AZIO AI's leadership, including CEO Chris Young, is expected to guide the strategic direction of the combined organization, while EVTV's existing leadership will support the transition [4] Strategic Rationale - The transaction aims to enhance AZIO AI's focus on establishing AI infrastructure globally, particularly in sovereign growth economies in Asia, driven by increasing global demand for scalable AI compute infrastructure [5] - AZIO AI's offerings include enterprise-grade GPU systems and modular data-center solutions designed to meet the needs of government, institutional, and enterprise clients [6] Application of Technology - EVTV's drone operations are anticipated to serve as an application-level platform that utilizes AI infrastructure, generating significant data that requires robust backend computing for processing and analytics [7] Market Context - The growth of publicly traded AI infrastructure companies, exemplified by CoreWeave's market capitalization of approximately $32 billion, highlights the demand for dedicated AI compute infrastructure [8] Path Forward - AZIO AI plans to advance diligence and transaction planning, with next steps including EVTV shareholder approval, SEC registration filings, and compliance audits of AZIO AI [9]

However, the study in question came from the Coalition for a Prosperous America (CPA), an advocacy group whose representation of U.S. manufacturers gives it a clear reason to favor protectionist trade policies. The World Trade Institute, an academic research group, said the CPA study used "highly unusual and empirically unsupported" methods to generate the result the authors desired. In other words, the study lacks credibility.In February, the White House published a "fact sheet" crafted to ease concerns ab ...

Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show. More than two months after the token hit a record high above $126,000, Bitcoin has fallen nearly 30% and is struggling to find support. One reason: long-time holders haven’t stopped selling. New blockchain data shows that coins held for years are being divested at some of the fastest rates in recent memory, just as the market’s ability to absorb them is fading. Most Read from Bloomberg According to a repor ...

Core Viewpoint - Swiss pharmaceutical companies Novartis and Roche are supporting U.S. initiatives to reduce drug costs and are collaborating with the Trump administration to achieve this objective, following reports of nearing a pricing agreement [1] Group 1 - Novartis and Roche are recognized as major players in the pharmaceutical industry [1] - The companies are actively engaging with the U.S. government to address drug pricing issues [1] - The collaboration indicates a significant shift in the pharmaceutical sector's approach to pricing strategies [1]

Core Viewpoint - Sintana Energy Inc. is set to admit its common shares to trading on the AIM market of the London Stock Exchange, with trading expected to commence on December 23, 2025, following its acquisition of Challenger Energy Group [1][3]. Company Overview - Sintana holds a diversified portfolio of interests in high-impact assets across multiple jurisdictions, including Namibia, Uruguay, and a pending interest in Angola, along with legacy assets in Colombia and The Bahamas [3][4][21]. - The portfolio includes interests in eight licenses, with a significant focus on the Mopane discoveries in Namibia [4][11]. Strategic Attributes - The company benefits from a diversified portfolio that provides exposure to various geological plays and geopolitical regimes [4][21]. - Sintana's focus on Namibia and Uruguay positions it in global exploration "hot spots," with significant exploration activities anticipated over the next 24 months [5][6]. - Established partnerships with reputable operators like Chevron and Galp enhance Sintana's operational capabilities [6][9]. Financial Position - Sintana's market capitalization at the time of admission is expected to be approximately £107 million, with cash and liquid resources exceeding US$10 million [10]. - The company aims to maintain reduced capital exposure through carried interests in its exploration projects, minimizing the capital required from Sintana [7][8]. Exploration and Development - The portfolio includes highly prospective exploration prospects, particularly in the Mopane area, which has already yielded significant discoveries [11][13]. - Recent developments include the issuance of permits for seismic acquisition in Uruguay, indicating ongoing exploration activities [13][14]. Share Issuance and Corporate Actions - Sintana plans to issue 2,512,943 common shares as severance payments to directors and officers, totaling CDN$1,417,030 [15][16]. - The issuance is expected to be exempt from formal valuation and minority shareholder approval under applicable regulations [17][18].

China's energy storage firms, battered by a three-year price war, have been jolted by lithium battery maker Deegares, which has announced plans to raise prices by 15 per cent, a move that is sparking debate over whether the sector could be the first to break free from the "involution" cycle. Rising lithium costs were the immediate trigger, with at least three other battery makers reported in recent weeks to be planning similar increases. Prices of the metal, crucial to rechargeable batteries, have reboun ...

As the year draws to a close, this is the perfect time to review your portfolio.Reviewing your portfolio allows you to reassess your goals, analyse your investment results, and better position yourself for the year ahead. This is especially important now as the market is marked by persistent volatility and the start of a possible falling interest rate cycle.Follow as The Smart Investor provides a five-step checklist to help you tighten your investment strategy and enter 2026 with clarity and confidence.1. R ...

The Hong Kong stock exchange has proposed standardising board lot sizes, reducing the number of trading units from more than 40 to eight options in a bid to boost market efficiency and liquidity. Bourse operator Hong Kong Exchanges and Clearing (HKEX) was proposing to limit the choices listed companies make regarding their trading unit size, or board lot, from one share to a maximum of 10,000 shares, according to a consultation paper published on Thursday. The options in between are: 50, 100, 500, 1,000, ...

Hong Kong's initial public offering (IPO) market is heading for its busiest month in four years, as a late rush of listings gathers pace despite the traditional slowdown around the Christmas and New Year holidays. At least 15 companies were set to go public by the end of December, with drug-discovery firm Insilico Medicine planning one of the largest deals in the final stretch of the year, according to data compiled by the Post. A total of 12 companies had already made their market debuts between December ...

For years, deepfakes were treated as a political or social media oddity, a strange corner of the internet where celebrity faces (of women 99% of the time) were pasted onto fake videos (porn in 99% of the cases) and nobody quite knew what to do about it. But that framing is now dangerously outdated, because deepfakes have quietly evolved into something much more systemic: an operational risk for corporations, capable of corrupting supply chains, financial workflows, brand trust, and even executive decision- ...