As filed with the U.S. Securities and Exchange Commission on January 21, 2026 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________________ Cloud Data Holdings Corporation (Exact name of registrant as specified in its charter) ___________________________ | Cayman Islands | 7379 | Not Applicable | | --- | --- | --- | | (State or Other Jurisdiction of | (Primary Standard Industrial | (I ...

Core Viewpoint - Digital Realty Trust (NYSE:DLR) is gaining favor among hedge funds, with analysts projecting strong growth and attractive entry points following a recent bearish trend in its share price [1][2]. Group 1: Analyst Ratings and Price Targets - HSBC analyst Phani Kanumuri upgraded Digital Realty Trust from Hold to Buy, raising the price target from $187 to $193, indicating an 18% upside potential [1]. - Mizuho Securities analyst Vikram Malhotra reiterated a Buy rating but lowered the target price from $191 to $180, reflecting a revised upside potential of 10% [3]. Group 2: Growth Projections - Kanumuri forecasts "strong and sustainable" growth in Digital Realty Trust's adjusted funds from operations (AFFO), estimating a growth range of 9% to 10% over the next three years, supported by robust pricing and bookings in key metro areas [2]. Group 3: Company Overview - Digital Realty Trust is a specialty real estate investment trust that operates data centers, providing essential infrastructure for network carriers, cloud hosting companies, and enterprises to meet their AI, cloud, and digital transformation needs [4].

Financial Data and Key Metrics Changes - The company reported earnings per share of $1.04, or $1.08 excluding certain items, with an adjusted return on equity of 14.5% and an adjusted return on assets of 1.41% [3][4] - Adjusted fourth quarter revenues rose 5% year over year, driven by a 6% increase in net interest income and a 13% increase in wealth and asset management fees [4][15] - The CET1 ratio increased to 10.8%, and tangible book value per share grew 21% year over year [4][25] Business Line Data and Key Metrics Changes - Average loans increased by 5% year over year, with consumer loans and middle market C&I loans both growing by 7% [4][15] - Wealth and asset management fees increased by 13%, with assets under management reaching $80 billion [9][20] - Commercial payments fees grew by 8% year over year, driven by core treasury management activity [20] Market Data and Key Metrics Changes - In the Southeast, the company opened 50 new branches, contributing to a 2.5% growth in net new consumer households year over year [5][19] - The Southeast consumer deposits increased by 4% sequentially, accounting for over 50% of total consumer deposit growth for the quarter [19][20] - The company achieved the number two origination market share in HELOC within its footprint, up from number four in the prior year [17] Company Strategy and Development Direction - The company is focused on stability, profitability, and growth, with a disciplined approach to operations and long-term investments [3] - The merger with Comerica is expected to close on February 1, 2026, with anticipated expense synergies of $850 million and revenue synergies of over $500 million over the next five years [10][11] - The company aims to accelerate retail deposit growth and improve the combined company's funding profile through targeted marketing [27][50] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate uncertain environments and deliver strong shareholder returns [3][26] - The outlook for 2026 includes expectations for full-year net interest income to range between $8.6 billion and $8.8 billion, with a focus on improving the balance sheet [27][29] - Management noted that while 2025 was eventful, the company is pleased with its disciplined operating performance and ability to meet financial commitments [26] Other Important Information - The company shipped over 400 updates to its consumer mobile app in 2025, which was recognized as the top mobile banking app for user satisfaction among regional banks [5][6] - The net charge-off ratio was 40 basis points for the quarter, the lowest level in the past seven quarters, indicating improved asset quality [4][23] Q&A Session Summary Question: What are the biggest opportunities with Comerica? - Management highlighted immediate opportunities in leveraging Comerica's existing customer base and expanding into Texas markets, with a focus on innovation banking as a long-term opportunity [33][34] Question: How is the integration of Comerica progressing? - The integration is ahead of schedule, with the conversion date moved up to Labor Day from mid-October, allowing for earlier realization of revenue and expense synergies [41][43] Question: What is the outlook for C&I loan growth? - Management noted that while utilization dipped during the government shutdown, there has been a rebound, and C&I loan balances have increased since January 1 [45][46]

Core Viewpoint - SEI Investments is positioned as a strong performer in the asset management sector, particularly due to its focus on institutional investors and its fintech capabilities, which are expected to drive growth in 2026 [1][2][3]. Company Overview - SEI Investments primarily serves institutional investors, differentiating itself from larger firms like BlackRock and Vanguard that cater to both retail and institutional clients [2]. - The company is recognized as a fintech, providing technology solutions for various financial entities, including fund managers and banks, to manage functions such as asset management, compliance, and cybersecurity [3]. Financial Performance - For the first nine months of 2025, SEI's revenue increased by 8% year-over-year, while expenses rose by only 5%, leading to a 32% jump in earnings [6]. - The operating margin improved to 28%, an increase of 8% compared to the previous year, and the return on equity stands at 27.7%, one of the highest in the sector [6]. Market Position and Analyst Sentiment - Analysts are optimistic about SEI, with a 12-month median price target of $109.50 per share, indicating a potential upside of approximately 27% [5]. - 80% of analysts covering SEI rate it as a buy, reflecting strong market confidence [5]. Industry Trends - There is a growing trend of outsourcing among fund managers, driven by the complexity of regulatory environments and the need for technological upgrades [9][10]. - A report indicates that 88% of fund managers plan to increase their outsourcing over the next year, which bodes well for SEI as a leading provider in this space [10]. Strategic Outlook - SEI is expected to continue investing in technology and automation to enhance its service offerings, with plans to optimize margins through cost management [7]. - The company's valuation at 15 times forward earnings is considered attractive for a fintech, suggesting potential for growth amidst increasing demand for its services [11].

Core Insights - TDK Ventures, the corporate venture arm of TDK Corporation, focuses on deep-tech and hardware-led startups globally, with a significant emphasis on India as a strategic market [1][4] Investment Thesis - TDK Ventures was established in 2019 to partner with early-stage founders and startups, leveraging TDK's expertise in material science and process innovation to inform its long-term product roadmap [1] Fund Structure - TDK Ventures manages a total of $500 million across four funds, including a $50 million fund from 2019 and three subsequent $150 million funds, primarily investing at Series A with initial checks up to $5 million and potential follow-ons up to $15 million per company [2] Sector Focus - The firm invests at the intersection of deep-tech and hardware, focusing on two main themes: energy transformation (including new energy generation and storage) and digital transformation (covering semiconductors, mobility, space-tech, robotics, and industrial tech) [3] Importance of India - India is a key market for TDK Ventures, with the company operating five component manufacturing facilities and large battery plants, employing nearly 5,000 people, and having made four investments in local startups [4] Portfolio Companies - TDK Ventures' Indian portfolio includes startups such as Infinite Uptime (industrial AI), Exponent Energy (ultra-fast EV charging), Ultraviolette (electric motorcycles), and a precision agritech company focused on sensor-IoT and AI technologies [4] Views on Deep-Tech Exits - The primary challenge in deep-tech is securing intermediate capital, as monetization signals appear later, although successful IPOs like Ather and Ola Electric demonstrate that hardware-led companies can scale and exit within comparable timelines [5]

Group 1 - 52% of CFOs are optimistic about the US economy, a slight increase from 51% last quarter, contrasting with previous fluctuations [1] - The survey included responses from 230 finance leaders, indicating a steady outlook compared to the sharp swings seen after last year's election and Q2 tariff announcements [1][2] - CFOs are investing in digital tools and automation to tackle uncertainty and are focusing on building agile organizations to enhance efficiency and capture growth opportunities [2] Group 2 - Confidence in meeting supply chain needs remained unchanged at 57%, while confidence in meeting labor needs increased to 53% from 51% in the previous quarter [3] - Confidence in cost control rose to 53% from 50%, and confidence in growth increased to 49% from 46% [3] - 67% of CFOs expect to increase IT and digital transformation budgets next year, indicating a strengthening in technology spending plans [3] Group 3 - Cybersecurity budgets are expected to rise, with 60% of respondents forecasting an increase, which is a 17% rise from the previous quarter [4] - 51% of respondents expect operating expenses to rise over the next year [4] - 44% of CFOs believe the One Big Beautiful Bill Act will benefit their business, while 18% anticipate it will negatively impact their financial position [4]

Summary of USA TODAY's Conference Call Company Overview - **Company**: USA TODAY Co. - **Industry**: Media and Publishing Key Operating Pillars 1. **Content and Audience**: - Focus on expanding content strategy beyond news to engage a broader audience and increase repeat visits [4][5] - Achieved approximately 187 million unique visitors monthly, ranking among the top three in the U.S. digital news ecosystem [5] - Emphasis on verticals such as sports, entertainment, and events to enhance audience engagement [6] 2. **Diversified Digital Revenue Streams**: - Strategy includes digital advertising, subscriptions, e-commerce, digital marketing solutions, and AI licensing [6][7] - Digital revenue accounted for 47% in Q3 2023, with expectations to exceed 50% by 2026 [10][14] 3. **Strengthening Capital Structure**: - Aim to reduce debt to approximately one times EBITDA, having already decreased debt by nearly $1 billion since the 2019 merger [7][8] - Focus on maintaining liquidity and investing in business growth [9] Digital Transformation - Transitioning from a legacy print business to a digital-first model, with a goal of achieving over 50% digital revenue by 2026 [10][12] - Comparison to New York Times, which successfully transitioned to a growing digital business, indicating potential for multiple re-rating [10][12] Revenue Growth and Engagement - AI licensing agreements with major companies like Meta, Microsoft, and Amazon are expected to drive new revenue streams [14][15][26] - Digital advertising is seeing a resurgence as brand advertisers return to quality media platforms [17][18] - New initiatives like "Play" are enhancing audience engagement and driving additional revenue [19][20] AI and Licensing - AI applications are viewed as a potential net positive for the media industry, with ongoing efforts to block unauthorized scraping of content [21][25] - Licensing deals with major tech companies are expected to enhance revenue opportunities [24][26] Legal Matters - Ongoing antitrust lawsuit against Google aims to create a level playing field in the digital advertising ecosystem [27][30] - Positive developments in litigation, including favorable summary judgment and upcoming trial milestones [28][29] Rebranding Strategy - Rebranding to USA TODAY aimed to leverage brand equity and improve recognition among advertisers and consumers [32][36] - The rebranding is expected to open up new national advertising revenue opportunities [36] Cost Management and Capital Allocation - A $100 million cost savings program focused on sustainability and efficiency, including automation and outsourcing [40][41] - Debt repayment remains a top priority, with plans to reduce leverage and increase flexibility for future investments [44][46] Investor Insights - Emphasis on long-term growth and transformation, with a call for patience from investors as the company navigates its transition [48][49] - Confidence in future revenue growth driven by diversified digital streams and a large audience base [50] Conclusion - USA TODAY is positioned for significant growth as it continues its digital transformation, with multiple revenue streams and a focus on audience engagement. The company is optimistic about its future prospects, particularly in light of ongoing legal developments and strategic initiatives.

Core Insights - Trax has signed a multi-year contract expansion with Air Atlanta Icelandic, enhancing their long-term partnership that has lasted over 25 years [1] - The expansion includes the addition of Trax's eMobility and cloud hosting solutions, aimed at improving maintenance efficiency and compliance for Air Atlanta Icelandic [1][2] Company Overview - Trax is a leading provider of aviation maintenance enterprise resource planning systems and has been instrumental in the digital transformation of airlines and maintenance, repair, and operations (MRO) worldwide for over 25 years [4] - Air Atlanta Icelandic, established in 1986, operates two sister airlines and has evolved from charter operations to a more diversified airline model [5] Technological Advancements - The deployment of Trax's solutions will allow mechanics to manage defects digitally and enable more effective coordination of aircraft turnaround by line controllers [2] - The transition to electronic task card execution for maintenance workflows and the introduction of a fully electronic logbook for pilots will enhance operational efficiency [2] - Mobile access to manuals and documentation will reduce paper dependency and ensure real-time accuracy for technical teams [2] Strategic Impact - The partnership is expected to boost productivity, enhance safety, and create a more agile operational model for Air Atlanta Icelandic [3] - Trax's cloud hosting will provide greater scalability, security, and reliability, while also reducing infrastructure overhead for the airline [2][3]

Core Insights - Citizens State Bank is partnering with MANTL to enhance its retail and business deposit account opening processes, aiming for a unified platform to improve customer experience and operational efficiency [1][2][4] Company Overview - Citizens State Bank is a family-owned community bank in Indiana, established in 1873, focusing on combining traditional banking values with modern technology to provide financial solutions [6][7] Partnership Details - The partnership with MANTL will allow Citizens State Bank to automate over 85% of application decisions, including KYC, AML, and BSA checks, thereby reducing manual processes and accelerating growth [3] - MANTL's technology will enable a consistent and streamlined account opening experience across all channels, enhancing efficiency for staff and simplicity for customers [2][4] Technology and Innovation - MANTL's solutions allow consumers to open new deposit accounts in under five minutes and businesses in under ten minutes, significantly improving the account opening experience [5] - The integration of MANTL's platform with Alkami's existing services will further enhance the bank's digital capabilities [4]

The transportation and logistics sector has proven its resilience through several major disruptions and supply chain upheavals including events like the pandemic, the blockage of the Suez Canal, the Russia-Ukraine War, but today’s operational realities present a new set of challenges that can’t be solved simply by adding more hands to the deck. The traditional approach to scaling operations isn’t sustainable, if the last few holiday seasons are anything to go by. Between the annual delivery rush, evolvi ...