Davis Commodities Limited
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Davis Commodities Shareholders Approve Share Consolidation to Boost Share Price and Market Standing
Globenewswire· 2026-02-07 04:30
Core Viewpoint - Davis Commodities Limited has successfully approved a share consolidation proposal aimed at increasing share price and enhancing market credibility [1][4]. Group 1: Share Consolidation Details - The share consolidation will occur at a ratio of 20-for-1, effective immediately following the board's resolution on February 5, 2026 [2]. - Trading of the consolidated shares on the Nasdaq Capital Market is expected to commence on or about February 16, 2026, pending confirmation and procedural completion [2]. - The board is authorized to manage any fractional entitlements resulting from the consolidation, including issuing additional shares if necessary [2][3]. Group 2: Voting Results - The proposal received strong support, with Class A shareholders casting 121,876 votes in favor and Class B shareholders casting 495,449,430 votes in favor, resulting in a total of 495,571,306 votes for the resolution [4]. - The resolution passed with 97.91% approval from the total 506,305,124 votes attached to the Company's issued shares [4]. Group 3: Company Overview - Davis Commodities Limited is an agricultural commodity trading company based in Singapore, specializing in sugar, rice, and oil and fat products [5]. - The Company operates under two main brands, Maxwill and Taffy, and provides complementary services such as warehouse handling and logistics [5]. - It has a global network of third-party suppliers and logistics providers, distributing products to over 20 countries [5].
Davis Commodities Evaluates China & North Asia Scale-Up Strategy in Multi-Billion-Dollar Sweeteners Market
Globenewswire· 2025-12-29 15:30
Core Insights - Davis Commodities Limited is evaluating a strategic scale-up framework for China and North Asia, focusing on sugar-based, value-added sweeteners to tap into expanding consumption channels and industrial food applications [1][2] Market Opportunity - North Asia's sweetener ecosystem is projected to remain a multi-billion-dollar demand environment, driven by structural consumer dynamics, evolving regulatory standards, and product reformulation trends in the food and beverage sector [3] Strategic Initiatives - The company is assessing a staged market expansion framework for China, with potential for significantly increased revenue contributions over time, contingent on execution and market conditions [4] - Davis Commodities is exploring participation in higher-value sweetener solutions and evaluating investments in quality assurance, product capabilities, and scalable regional infrastructure [5] Corporate Development - The company is studying potential strategic collaborations and joint-development structures to support its growth objectives, although these assessments are still exploratory [6] Broader Strategic Objectives - The review aligns with the company's goals of exploring expanding middle-class consumption patterns, growth in beverage and packaged-food innovation, increasing interest in functional sweeteners, and institutional demand from food-manufacturing segments [7] Operational Resilience - The company aims to enhance earnings resilience, reduce exposure to commodity volatility, strengthen positioning in specialized sweetener segments, and deepen long-term client collaboration opportunities [8] Market Entry and Scalability - The company is focused on accelerating market entry, ensuring manufacturing resilience, enhancing distribution scalability, and penetrating institutional client segments [9] Growth Potential - Opportunities exist in structurally growing, consumption-driven categories, with potential for multi-market revenue diversification and participation in evolving consumer and industrial food chains in Asia [10] Evaluation Approach - The company intends to evaluate opportunities in a disciplined manner, emphasizing market validation, execution feasibility, and regulatory alignment [11]
Why Bolt Projects Holdings Shares Are Trading Higher By Over 28%; Here Are 20 Stocks Moving Premarket - Antelope Ent Hldgs (NASDAQ:AEHL), Alvotech (NASDAQ:ALVO)

Benzinga· 2025-12-29 09:58
Company Updates - Bolt Projects Holdings Inc (NASDAQ:BSLK) announced preliminary fiscal 2025 results and updated its fiscal 2026 guidance, raising its FY2026 sales guidance from $9.000 million to $11.000 million, with fourth-quarter sales projected at $2.700 million [1] - Shares of Bolt Projects Holdings rose 28.2% to $1.73 in pre-market trading following the announcement [1] Market Movements - Republic Power Group Limited (NASDAQ:RPGL) surged 81.4% to $0.4777 in pre-market trading [4] - Fitell Corp (NASDAQ:FTEL) rose 42.3% to $1.04 after announcing an interim dividend and shareholder loyalty program [4] - Antelope Enterprise Holdings Ltd (NASDAQ:AEHL) increased by 38% to $1.78 after a previous decline of 12% [4] - DigitalBridge Group Inc (NYSE:DBRG) gained 36.7% to $19.00 following reports of SoftBank nearing a deal for the company [4] - Davis Commodities Ltd (NASDAQ:DTCK) rose 16.8% to $0.46 after reporting revenue of $95 million for the six months ending June 30, up 42.1% from $66.9 million a year earlier [4] Other Notable Stocks - VolitionRX Ltd (NYSE:VNRX) rose 12.8% to $0.28, with a maintained Buy rating but a lowered price target from $5 to $3 by D. Boral Capital analyst Jason Kolbert [4] - Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) rose 7.1% to $7.54 after submitting a Biologics License Application to the FDA for Imsidolimab [4]
US Stocks Mixed; Biohaven Shares Fall
Benzinga· 2025-12-26 14:45
Market Overview - U.S. stocks showed mixed performance with the Dow Jones index decreasing by approximately 0.1% to 48,698.11, while the NASDAQ increased by 0.12% to 23,641.67 and the S&P 500 rose by 0.11% to 6,939.71 [1] - In the sector performance, information technology shares rose by 0.4%, while industrials stocks fell by 0.2% [1] Company News - Biohaven Ltd. (NYSE:BHVN) shares declined after the company reported that its Phase 2 study for BHV-7000, aimed at treating major depressive disorder, did not meet its primary endpoint as measured by the Montgomery Åsberg Depression Rating Scale [2] - A SPAC III Acquisition Corp (NASDAQ:ASPC) saw its shares surge by 82% to $24.38 [8] - Davis Commodities Limited (NASDAQ:DTCK) shares increased by 77% to $0.4209 following the release of its first-half fiscal unaudited financial results [8] - ECD Automotive Design, Inc. (NASDAQ:ECDA) shares rose by 57% to $1.2338 after announcing an expansion of its product lineup for 2026 [8] - Aptevo Therapeutics Inc. (NASDAQ:APVO) shares fell by 31% to $0.6451 due to a 1-for-18 reverse stock split [8] - Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) shares decreased by 12% to $0.1360 [8] - Kandal M Venture Limited (NASDAQ:FMFC) shares dropped by 12% to $0.3450 after a previous increase of over 28% [8] Commodity Market - In commodity trading, oil prices fell by 0.4% to $58.14, while gold prices increased by 1.2% to $4,555.30 [4] - Silver prices decreased by 4% to $74.515, whereas copper prices rose by 3% to $5.7445 [4] European Market - European shares exhibited mixed results with the eurozone's STOXX 600 gaining 0.1%, while Spain's IBEX 35 Index fell by 0.1% [5] - London's FTSE 100 decreased by 0.19%, Germany's DAX 40 rose by 0.23%, and France's CAC 40 slipped by 0.01% [5] Asian Market - Asian markets closed mixed with Japan's Nikkei 225 gaining 0.68%, China's Shanghai Composite rising by 0.10%, and India's BSE Sensex falling by 0.43% [6]
Stock Market Today: Dow Jones, S&P 500 Futures Slip After Christmas Day—Nvidia, Sobr Safe, Biohaven In Focus - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-12-26 10:09
Market Overview - U.S. stock futures declined on Friday following a higher close on Wednesday, with major benchmark indices showing a decrease [1][2] - The Dow Jones futures fell by 0.12%, S&P 500 by 0.06%, Nasdaq 100 by 0.06%, and Russell 2000 by 0.27% [2] - The SPDR S&P 500 ETF Trust (SPY) decreased by 0.029% to $690.18, while Invesco QQQ Trust ETF (QQQ) fell by 0.014% to $623.84 in premarket trading [2] Economic Data - U.S. initial jobless claims dropped by 10,000 to 214,000 for the week ending Dec. 20, better than market expectations of 223,000 [1] - The 10-year Treasury bond yield was at 4.15%, and the two-year bond yield was at 3.51% [2] - The CME Group's FedWatch tool indicates an 84.5% probability that the Federal Reserve will keep interest rates unchanged in January [2] Company Highlights - Dynavax Technologies (NASDAQ:DVAX) shares surged by 38.19% following Sanofi's announcement to acquire the vaccines company [5] - Davis Commodities Ltd. (NASDAQ:DTCK) reported revenue of $95 million for the six months ending June 30, a 42.1% increase from $66.9 million a year earlier, leading to a 7.19% rise in its shares [4] - Nvidia Corp. (NASDAQ:NVDA) shares rose by 0.58% after announcing a non-exclusive licensing agreement with AI chip startup Groq [5] - Sobr Safe Inc. (NASDAQ:SOBR) shares dropped by 15.61% after announcing a private placement of 1.29 million shares at $1.55 per share [5][6] - Biohaven Ltd. (NYSE:BHVN) shares fell by 14.06% after its Phase 2 study of BHV-7000 in major depressive disorder failed to meet its primary endpoint [13] Analyst Insights - University of Michigan economist Justin Wolfers criticized the media's focus on record stock numbers, stating that U.S. markets are up 18% but lag behind global markets, which have risen by 30% [9][10] - Wolfers highlighted a disconnect between GDP growth of over 4% and a more modest Gross Domestic Income (GDI) growth of 2.4%, suggesting potential job creation stagnation [10]
Stock Market Today: Dow Jones, S&P 500 Futures Slip After Christmas Day—Nvidia, Sobr Safe, Biohaven In Focus
Benzinga· 2025-12-26 10:09
Market Overview - U.S. stock futures declined on Friday following a higher close on Wednesday, with major benchmark indices showing a decrease [1][2] - The Dow Jones futures fell by 0.12%, S&P 500 by 0.06%, Nasdaq 100 by 0.06%, and Russell 2000 by 0.27% [2] - The SPDR S&P 500 ETF Trust (SPY) decreased by 0.029% to $690.18, while Invesco QQQ Trust ETF (QQQ) fell by 0.014% to $623.84 in premarket trading [2] Economic Data - U.S. initial jobless claims dropped by 10,000 to 214,000 for the week ending Dec. 20, better than market estimates of 223,000 [1] Company Highlights - Dynavax Technologies (NASDAQ:DVAX) shares surged by 38.19% following Sanofi's announcement to acquire the vaccines company [5] - Davis Commodities Ltd. (NASDAQ:DTCK) reported revenue of $95 million for the six months ending June 30, a 42.1% increase from $66.9 million a year earlier, leading to a 7.19% rise in its shares [4] - Nvidia Corp. (NASDAQ:NVDA) shares rose by 0.58% after announcing a non-exclusive licensing agreement with AI chip startup Groq [5] - Sobr Safe Inc. (NASDAQ:SOBR) shares dropped by 15.61% after announcing a private placement of 1.29 million shares at $1.55 per share [5][6] - Biohaven Ltd. (NYSE:BHVN) shares fell by 14.06% after its Phase 2 study of BHV-7000 in major depressive disorder failed to meet its primary endpoint [13] Analyst Insights - University of Michigan economist Justin Wolfers criticized the media's focus on record stock numbers, stating that U.S. markets are up 18% but lag behind global markets, which have risen by 30% [9] - Wolfers highlighted a disconnect between GDP growth of over 4% and Gross Domestic Income (GDI) growth of only 2.4%, suggesting potential job creation stagnation [10]
Why Davis Commodities Shares Are Trading Higher By Over 5%; Here Are 20 Stocks Moving Premarket - AlphaTON Capital (NASDAQ:ATON), Biohaven (NYSE:BHVN)
Benzinga· 2025-12-26 09:40
分组1 - Davis Commodities Ltd reported a revenue of $95 million for the first half of the fiscal year, marking a 42.1% increase from $66.9 million in the same period last year [1] - The company's shares rose by 5.6% to $0.25 in pre-market trading following the financial results announcement [1] 分组2 - Picocela Inc experienced a significant surge of 50.4% to $0.35 in pre-market trading after a previous decline of over 35% [6] - X3 Holdings Co Ltd saw an increase of 30.3% to $0.21 in pre-market trading [6] - Sidus Space Inc rose by 28.2% to $2.82 after announcing the closing of a public offering [6] - Multi Ways Holdings Ltd shares jumped 22.2% to $0.43 after reporting a year-over-year increase in H1 EPS results [6] - Northann Corp gained 19.7% to $0.32 after engaging Linkun Investment and Lu Wang for strategic planning advisory services [6] - Millennium Group International Holdings Ltd increased by 15.8% to $1.54 in pre-market trading [6] - K Wave Media Ltd rose 13.4% to $0.46 after announcing plans to acquire a controlling stake in Hansol Inticube [6] - AlphaTON Capital Corp increased by 11.1% to $0.72 after a previous decline [6] - Sigma Lithium Corp gained 8.6% to $14.67 in pre-market trading [6]
Nvidia, Sobr Safe And 3 Stocks To Watch Heading Into Friday
Benzinga· 2025-12-26 08:19
Group 1 - Nvidia Corp. shares increased to $190.16 in overnight trading after announcing a non-exclusive licensing agreement with AI chip startup Groq, which covers its inference technology [1][1][1] - Dynavax Technologies Corp. shares surged 38.2% to close at $15.38 following Sanofi's announcement to acquire the vaccines company [1][1][1] - Sobr Safe Inc. shares jumped 82.3% to close at $2.37 after announcing definitive agreements to issue 1.29 million shares of common stock at $1.55 per share in a private placement [1][1][1] Group 2 - Davis Commodities Ltd. reported revenue of $95 million for the six months ending June 30, a 42.1% increase from $66.9 million a year earlier, but shares fell 8.9% to close at $0.24 [1][1][1] - Biohaven Ltd. disclosed that its Phase 2 proof-of-concept study of BHV-7000 in major depressive disorder did not meet its primary endpoint, with shares gaining 3% to close at $10.81 [1][1][1]
Recent Market Downturn: Top Losers and Their Challenges
Financial Modeling Prep· 2025-11-15 00:00
Company Performance - OneConstruction Group Limited (NASDAQ:ONEG) experienced a stock price decline of 57.16%, dropping to $4.39 from a year-high of $13.5, with a revenue decrease of 16.2% to $53.2 million from $63.5 million [2][8] - Nuvve Holding Corp. (NASDAQ:NVVE) saw a 43.46% drop in stock price to $0.26, prompting the company to initiate a strategic financing initiative to strengthen its equity position [3][8] - TSS, Inc. (NASDAQ:TSSI) faced a 43.08% decline in stock price to $8.68, despite enhancing its AI and high-performance computing strategy by appointing a new board member with extensive experience [4][8] - Republic Power Group Limited (NASDAQ:RPGL) witnessed a 42.96% decline in stock price to $0.84, raising investor concerns about its market position, although it successfully closed an initial public offering of 2,120,000 Class A ordinary shares at $4.00 each [5][8] - Davis Commodities Limited (NASDAQ:DTCK) saw its stock price fall by 41.59% to $0.64, reflecting market reactions to global trade dynamics, while exploring a new vertical in the specialty food ingredients market projected to reach approximately $97.3 billion by 2025 [6][8] Market Sentiment - The significant price movements of these companies underscore the volatility and risks inherent in the stock market, influenced by company-specific developments, sectoral trends, and broader economic factors [7]
Why Viasat Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket - Autozi Internet Tech (NASDAQ:AZI), BIO-key International (NASDAQ:BKYI)

Benzinga· 2025-11-10 09:51
Group 1: Viasat Inc Financial Results - Viasat Inc reported adjusted earnings of 9 cents per share, surpassing market expectations of a loss of 62 cents per share [1] - The company's quarterly sales were $1.141 billion, slightly below the anticipated $1.148 billion [1] - Following the earnings report, Viasat shares increased by 13.2% to $40.54 in pre-market trading [1] Group 2: Notable Gainers - Masonglory Ltd saw a significant gain of 113.5%, reaching $2.03 in pre-market trading after a previous decline of 33% [2] - Integrated Media Technology Ltd rose by 117.1% to $1.59 after a drop of over 15% on Friday [2] - Greenidge Generation Holdings Inc surged 57.6% to $2.38 after securing a 5-year air permit renewal agreement with New York, which includes a commitment to cut emissions by 44% by 2030 [2] Group 3: Other Gainers - Inflarx NV increased by 34.2% to $1.65 after announcing it will present Phase 2a data for its oral C5aR inhibitor on November 10 [3] - Vivakor Inc gained 30.8% to $0.21 following a 12% rise on Friday [3] - Rumble Inc rose 22.2% to $7.20 after finalizing an acquisition deal with Northern Data AG to enhance its cloud computing capabilities [4] Group 4: Notable Losers - Lazydays Holdings Inc fell 38.6% to $0.99 after announcing plans to delist from Nasdaq [6] - CleanCore Solutions Inc declined 30.8% to $0.59 following a request to withdraw its registration statement [6] - Davis Commodities Ltd dropped 18.3% to $1.15 after a significant decline of 78% on Friday [6]