Workflow
AKOYA BIOSCIENCES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Akoya Biosciences, Inc. - AKYA
Prnewswire· 2025-06-20 22:18
NEW ORLEANS, June 20, 2025 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Akoya Biosciences, Inc. (NasdaqGS: AKYA) to Quanterix Corporation (NasdaqGM: QTRX). Under the terms of the proposed transaction, shareholders of Akoya will receive 0.318 shares of Quanterix for each share of Akoya that they own. KSF is seeking to determine whether this consideration and the process that led to it ...
Why Centrus Energy Stock Leaped 5% Higher Today
The Motley Fool· 2025-06-20 22:17
Centrus Energy (LEU 5.27%) attracted the right kind of energy on the stock exchange Friday. The company's shares closed that session 5% higher, after it published news of an important contract renewal. That pop looked particularly impressive when matched against the S&P 500's (^GSPC -0.22%) trajectory, which dipped into the red with a 0.2% decline.An energetic extensionBefore market open that morning, Centrus divulged that the U.S. Department of Energy (DoE) exercised its option to extend the company's cont ...
Meta CTO Bosworth says OpenAI countered lucrative job offers to AI startup's employees
CNBC· 2025-06-20 22:16
Core Insights - Meta Platforms Inc. has launched its first pair of augmented reality glasses, marking a significant step towards providing a hands-free alternative to smartphones, as envisioned by CEO Mark Zuckerberg [1] Group 1: Talent Acquisition and Competition - OpenAI CEO Sam Altman revealed that Meta has offered $100 million signing bonuses to attract OpenAI employees, but top talent has chosen to remain with OpenAI [2] - Meta's CTO Andrew Bosworth noted that the current market is experiencing unprecedented talent competition in the technology sector, reflecting a significant shift in hiring dynamics [3] - The AI hiring competition intensified when Alexandr Wang, co-founder of Scale AI, announced his decision to join Meta, which will invest over $14 billion for a 49% stake in Scale AI [4] Group 2: Strategic Investments and Acquisitions - Meta attempted to acquire Safe Superintelligence, a startup founded by former OpenAI co-founder Ilya Sutskever, but instead opted to hire its CEO Daniel Gross and former GitHub CEO Nat Friedman [5] - Meta also explored a potential acquisition of Perplexity AI, although the deal did not materialize [5] Group 3: Vision for AI Development - Bosworth expressed a strong belief in the future of superintelligent AI assisting humans in various tasks, emphasizing the importance of building a capable team to pursue this vision [6] - In the first quarter, Meta's capital expenditures and principal payments on finance leases reached nearly $14 billion, indicating a significant investment in technology and personnel [6][7]
Why Applied Optoelectronics Stock Skyrocketed Today
The Motley Fool· 2025-06-20 22:14
Applied Optoelectronics (AAOI 18.77%) stock soared higher again in Friday's trading. The tech specialist's share price rose 18.6% in the daily session despite a 0.2% decline for the S&P 500 (^GSPC -0.22%) and a 0.5% fall for the Nasdaq Composite (^IXIC -0.51%).Applied Optoelectronics' valuation surged today thanks to news that one of the company's subsidiaries had reworked previously existing debt agreements. The stock climbed roughly 39% over the last week of trading. Applied Optoelectronics stock soars o ...
DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of Aflac Incorporated Customers Whose Data May Have Been Compromised
GlobeNewswire News Room· 2025-06-20 22:13
Core Insights - Aflac Incorporated is currently facing a data privacy investigation due to a cyber breach that occurred around June 12, 2025, where personal information may have been compromised [1][3][5] Company Overview - Aflac is a Fortune 500 company known for specialized insurance products that cover expenses not typically addressed by health insurance. The company was originally established as the American Family Life Assurance Company of Columbus and officially shortened its name to Aflac in 1989 [2] Incident Details - On or around June 12, 2025, Aflac discovered suspicious activity on its network, leading to an investigation that revealed a breach caused by cybercriminals who potentially accessed personal information [3] Compromised Information - The personal information that may have been stolen includes names, health information, Social Security numbers, and other information related to customers, beneficiaries, employees, agents, and other individuals [4][8] Legal Actions - Edelson Lechtzin LLP is investigating a class action lawsuit to seek legal remedies for individuals whose sensitive personal data may have been compromised due to the Aflac data breach [5]
Eric Sprott Announces Holdings in Discovery Silver Corp.
Newsfile· 2025-06-20 22:08
Summary of Key Points Core Viewpoint - Eric Sprott's corporation, 2176423 Ontario Ltd., sold 19,200,200 common shares of Discovery Silver Corp., representing approximately 2.4% of the outstanding shares, at an average price of $3.26 per share for a total of $62,656,013 [1]. Company Holdings - Prior to the sale, Mr. Sprott owned 121,843,998 shares, which was about 15.2% of the outstanding shares. After the sale, his holdings decreased to 102,643,798 shares, representing approximately 12.8% of the outstanding shares [2]. - The sale resulted in a decrease in holdings of approximately 2.5% on a partially diluted basis since the last early warning report [2]. Investment Intentions - The securities are held for investment purposes, and Mr. Sprott maintains a long-term view on the investment. He may acquire additional securities or sell existing ones depending on market conditions and other relevant factors [3].
DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of Krispy Kreme Doughnut Corporation Customers Whose Data May Have Been Compromised
GlobeNewswire News Room· 2025-06-20 22:04
NEWTOWN, Pa., June 20, 2025 (GLOBE NEWSWIRE) -- The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations involving Krispy Kreme Doughnut Corporation (“Krispy Kreme”). Krispy Kreme learned of suspicious activity on its network on or about November 29, 2024. About Krispy Kreme Doughnut Corporation Founded in 1937 in North Carolina, this international bakery brand has expanded to over 1,400 shops worldwide. What happened? On or around November 29, 2024, Krispy Kreme became ...
Logan Ridge Finance Corporation Announces Shareholder Approval of Merger with Portman Ridge Finance Corporation
Globenewswire· 2025-06-20 22:02
Core Points - Logan Ridge Finance Corporation (LRFC) has received shareholder approval for its merger with Portman Ridge Finance Corporation (PTMN) [1][2] - Approximately 89.4% of LRFC voting shareholders supported the merger proposal [2] - PTMN's special meeting of shareholders was adjourned and will reconvene on June 27, 2025, to vote on the issuance of PTMN common stock related to the merger [2] - The merger is expected to close shortly after PTMN shareholder approval and the satisfaction of customary closing conditions [2] Company Overview - Logan Ridge Finance Corporation is a business development company (BDC) that primarily invests in first lien loans, second lien loans, and equity securities issued by lower middle-market companies [4] - LRFC targets investments in performing, well-established middle-market businesses across various industries, focusing on those with low levels of cyclicality and operating risk [4] - Portman Ridge Finance Corporation is a publicly traded, externally managed investment company regulated as a BDC under the 1940 Act, managing a portfolio of term loans, mezzanine investments, and selected equity securities in middle market companies [5] - PTMN's investment activities are managed by Sierra Crest Investment Management LLC [5] Leadership Statements - Ted Goldthorpe, President and CEO of both LRFC and PTMN, expressed gratitude for shareholder support, highlighting the strategic and financial merits of the merger [3] - Goldthorpe emphasized that the combined company will benefit from greater scale, enhanced diversification, and improved access to capital, positioning it for long-term value generation for shareholders [3]
Portman Ridge Announces Adjournment of Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote “FOR” the Share Issuance Proposal
Globenewswire· 2025-06-20 22:02
Core Viewpoint - The stockholders of Portman Ridge Finance Corporation (PTMN) have shown strong support for the proposed merger with Logan Ridge Finance Corporation (LRFC), with over 85% favorability among those who have voted thus far [1][3]. Group 1: Special Meeting and Voting - The PTMN Special Meeting was adjourned on June 20, 2025, and will reconvene on June 27, 2025, allowing stockholders more time to vote on the Share Issuance Proposal related to the merger [2][3]. - As of the adjournment, over 48% of PTMN's outstanding shares had voted or abstained, with less than 2% of shares outstanding still needing to vote to meet the quorum requirement [3][5]. - The Board of Directors of PTMN unanimously recommends that stockholders vote "FOR" the Share Issuance Proposal [3]. Group 2: Merger Approval - On June 20, 2025, stockholders of Logan Ridge approved the merger with Portman Ridge, marking a significant milestone in the transaction [4]. - The merger is contingent upon PTMN stockholders approving the Share Issuance Proposal and fulfilling other customary closing conditions [4]. Group 3: Company Background - Portman Ridge Finance Corporation is a publicly traded, externally managed closed-end investment company regulated as a business development company under the Investment Company Act of 1940, focusing on middle market investments [7]. - Logan Ridge Finance Corporation primarily invests in first lien loans and equity securities issued by lower middle-market companies, employing fundamental credit analysis [9].
Northeast Bank: Time For An Upgrade
Seeking Alpha· 2025-06-20 22:01
Group 1 - Northeast Bank (NASDAQ: NBN) has faced challenges in recent months, leading to a reaffirmation of its status as a 'hold' candidate [1] - The company previously had a bullish outlook, indicating potential for recovery or growth in the future [1] Group 2 - Crude Value Insights provides an investment service focused on oil and natural gas, emphasizing cash flow and growth prospects [1] - Subscribers benefit from a model account with over 50 stocks, detailed cash flow analyses of exploration and production firms, and live sector discussions [2]