Ventripoint to Issue Shares for Payment of Debenture Interest
Thenewswire· 2025-12-18 02:10
Core Viewpoint - Ventripoint Diagnostics Ltd. will fulfill its debenture interest payment obligations by issuing common shares, pending approval from the TSX Venture Exchange [1] Group 1: Financial Details - The company will issue a total of 1,145,627 common shares to cover $103,106.29 in interest on outstanding Convertible Debentures [1] - The Convertible Debentures carry an interest rate of 10% per annum, with payments due every six months [1] - The shares will be issued at a deemed price of $0.089 and will be subject to a hold period of 4 months and one day [1] Group 2: Company Overview - Ventripoint has established itself as a leader in applying AI to echocardiography, with its VMS products utilizing proprietary knowledge-based reconstruction technology [2] - This technology provides accurate volumetric cardiac measurements comparable to MRI, offering a cost-effective alternative for cardiologists [2] - VMS+ is compatible with all ultrasound systems from various vendors and has received regulatory market approvals in the U.S., Europe, and Canada [2]
CVBF Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of CVB Financial Corp. is Fair to Shareholders
Businesswire· 2025-12-18 02:07
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the merger between CVB Financial Corp. and Heritage Commerce Corp for CVB shareholders, particularly focusing on whether the board acted in the best interest of shareholders [1][3]. Group 1: Merger Details - Upon completion of the merger, CVB shareholders will own approximately 77% of the combined company [1]. - The investigation is centered on whether CVB and its board violated federal securities laws and/or breached fiduciary duties by not obtaining the best possible consideration for shareholders [3]. Group 2: Legal Rights and Options - Halper Sadeh encourages CVB shareholders to explore their legal rights and options regarding the merger [2]. - The firm may seek increased consideration for shareholders, additional disclosures, and other benefits related to the proposed transaction [4]. Group 3: Firm Background - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having recovered millions for defrauded investors [5].
HTBK Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Heritage Commerce Corp is Fair to Shareholders
Businesswire· 2025-12-18 02:06
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Heritage Commerce Corp to CVB Financial Corp, specifically whether the exchange of 0.6500 shares of CVB common stock for each Heritage share is equitable for Heritage shareholders [1]. Group 1: Investigation Details - The investigation focuses on potential violations of federal securities laws and breaches of fiduciary duties by Heritage and its board, including failure to secure the best possible consideration for shareholders [2]. - Concerns include whether CVB is underpaying for Heritage and whether all material information necessary for shareholders to assess the merger consideration has been disclosed [2]. Group 2: Legal Actions - Halper Sadeh LLC may seek increased consideration for Heritage shareholders, additional disclosures, and other forms of relief related to the proposed transaction [3]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [3].
KIOXIA SSDs Achieve Compatibility with Microchip's Adaptec SmartRAID 4300 Series RAID Storage Accelerator
Businesswire· 2025-12-18 02:05
Core Insights - Several Kioxia 2.5-inch form factor SSDs have been successfully tested with Microchip's Adaptec SmartRAID 4300 Series RAID storage accelerator card [1] Company Summary - Kioxia's SSDs are compatible with Microchip's Adaptec SmartRAID 4300 Series, indicating a successful integration of their storage solutions [1] - The collaboration highlights advancements in RAID storage technology and the performance capabilities of Kioxia's SSDs [1] Industry Summary - The testing of Kioxia SSDs with Microchip's RAID storage solutions reflects ongoing innovation in the storage technology sector [1] - This development may enhance the competitive landscape for SSD and RAID storage solutions, potentially leading to improved performance and reliability in data storage [1]
Activist investor Elliott reportedly takes $1 billion stake in Lululemon, eyes new CEO
MarketWatch· 2025-12-18 02:03
Core Insights - Activist investor Elliott Management has acquired a significant stake in Lululemon Athletica, indicating a strategic interest in the company's future performance [1] - Elliott Management is reportedly considering a potential CEO candidate to help revitalize Lululemon's business operations [1] Company Summary - Lululemon Athletica is facing challenges that have prompted Elliott Management's intervention, suggesting a need for operational improvements and strategic direction [1] - The involvement of Elliott Management, known for its activist investment strategies, may lead to significant changes in Lululemon's management and operational approach [1]
Olea Announces Series A Funding to Enhance Global Trade Finance
Crowdfund Insider· 2025-12-18 02:02
Olea Global Pte Ltd, a platform enabling global trade, announced the completion of its $30 million Series A round. The funding round was led by BBVA (Banco Bilbao Vizcaya Argentaria, S.A), with participation from XDC Network, theDOCK, others, as well as existing shareholder SC Ventures, the venture building unit of Standard Chartered Bank.The capital will focus on innovation: investing “in AI-driven analytics, Web3 readiness, and expertise to deliver high growth solutions, such as embedded finance, aligned ...
Diana Kurbanova Joins Forbes Business Council as Uzbekistan’s Youngest Woman Entrepreneur
Globenewswire· 2025-12-18 02:00
Tashkent, Uzbekistan, Dec. 17, 2025 (GLOBE NEWSWIRE) -- In a significant milestone for Central Asian entrepreneurship, UzFranchise Consulting Agency Founder & CEO Diana Kurbanova has been officially invited to join the Forbes Business Council, an invitation-only community for accomplished business owners and executive leaders. The Forbes Business Council is part of the wider Forbes Councils network, a vetted network for owners, founders and senior executives whose companies meet strict eligibility criteria ...
Warner Demands Larry Ellison's Personal Guarantee in Paramount Bid
WSJ· 2025-12-18 02:00
Group 1 - Warner Bros. has rejected Paramount's hostile takeover bid, raising questions about the Ellison family trust's commitment to the proposed $77.9 billion deal [1]
InMed Pharmaceuticals Inc. (INM) Shareholder/Analyst Call Prepared Remarks Transcript
Seeking Alpha· 2025-12-18 01:59
Group 1 - InMed Pharmaceuticals held its 2025 Annual General Meeting of Shareholders, chaired by CEO Eric Adams [1][2] - The meeting included a sworn declaration confirming that all materials were mailed to security holders as of October 22, 2025 [3]
S&P500 and Nasdaq 100: US Stocks Risk Further Selling on AI Spending Doubts
FX Empire· 2025-12-18 01:57
Market Overview - The Dow dropped 228 points, the S&P 500 fell by 1.16%, and the Nasdaq decreased by 1.81%, indicating a defensive market breadth with volume slightly above recent averages, suggesting active selling rather than passive drift [1] AI Sector Performance - The AI trade is showing signs of strain, particularly in megacap tech stocks. Oracle's shares fell by 5.4% following reports that Blue Owl Capital will not support a planned $10 billion data center deal, signaling a shift in market sentiment towards AI investments [2] - Nvidia's stock declined by 3.8% and Broadcom's by 4.5%, contributing to a nearly 4% drop in the chip index. Traders are increasingly questioning the sustainability of balance sheet strain in the sector as AI spending appears to be self-reinforcing, with OpenAI at the center of this dynamic [3] - Amazon's shares slipped by 0.6% amid news of potential talks to invest approximately $10 billion in OpenAI, which may enhance its AI capabilities but also serves as a reminder of rising costs in the sector [4] Trader Sentiment - Traders are currently stepping back from chasing dips, with decliners significantly outpacing advancers, particularly on the Nasdaq. This reflects a reassessment of exposure as year-end approaches, rather than indiscriminate selling [5] - Alphabet's shares fell by 3.2% as reports emerged that Google is collaborating with Meta to compete against Nvidia's software dominance. The market is focusing on execution risks and timelines rather than the long-term potential of this initiative [5]