Core Points - Nokia Corporation's Annual General Meeting is scheduled for April 9, 2026, at Finlandia Hall, Helsinki, Finland, with proposals available on the company's website [1] - Sari Baldauf will step down from the Board of Directors, and the Board proposes to maintain the number of Board members at ten [2] - The Board recommends re-election of current members and the election of Meredith Whittaker as a new member [3] - The Board proposes to keep annual fees for Board members at current levels, with approximately 40% paid in Nokia shares [6][8] - The Board seeks authorization to distribute a maximum of EUR 0.14 per share as dividends [10][11] - Deloitte Oy is proposed for re-election as the auditor and sustainability reporting assurer for the financial year 2027 [13][14] - The Board proposes to authorize the issuance and repurchase of a maximum of 550 million shares [15][18] - Other matters to be addressed include adopting the financial statements for 2025 and granting discharge from liability to Board members [19][20]

The new credit facility replaces the existing facility and includes an increase in commitments under the facility from $3.0 billion to $3.5 billion. In addition to the increased size of the facility, the terms and the conditions included within the facility are now more flexible than the Corporation’s previous credit facility, including moving from a secured facility to an unsecured facility. The maturity date of the facility has also been extended to January 26, 2030.Mike Pyle, CEO of EIC, commented, “The ...

Strategy’s stock (MSTR) doesn’t need its common stock to trade at a bitcoin (BTC) premium to be a winning bet, according to TD Cowen analyst Lance Vitanza, who maintained his $440 price target —  nearly triple last night's close of $160. In a new research note, Vitanza reaffirmed his buy rating on the stock. The case, he said, rests on Strategy’s ability to steadily grow its bitcoin holdings per share, even when sentiment is low, and the stock isn’t trading at a premium to its net asset value. “Strategy ...

Core Viewpoint - ProPhase Labs, Inc. is addressing recent stock price volatility attributed to technical factors, including convertible debt conversion and a reverse stock split, while emphasizing the stability of its underlying asset value [2][3][5]. Group 1: Stock Price Volatility - The company believes that recent stock price fluctuations are due to short-term technical factors, such as the conversion and resale of convertible debt and the transition from Nasdaq to the OTC market [2]. - Over $3.3 million of the $3.8 million convertible debt has been converted, leading to a reduction in company debt and an increase in shareholders' equity [3]. - The remaining unconverted balance of convertible debt is less than $500,000, and recent conversions occurred at a price of approximately $0.76 per share, which is above the current trading price [4]. Group 2: Financial Health and Asset Value - The conversion of debt has increased the number of outstanding shares but has also reduced liabilities, thereby strengthening the company's balance sheet [5]. - The intrinsic value of ProPhase Labs' assets remains unchanged despite the capital structure changes, with significant underlying value in its operating subsidiaries and assets [5]. - The company is focused on stabilizing its capital structure and advancing core business operations, indicating that recent trading volatility does not reflect changes in long-term strategy or growth prospects [5]. Group 3: Company Overview - ProPhase Labs is a biotech and consumer products company focused on innovative healthcare solutions, including Whole Genome Sequencing and diagnostic tests [7]. - The company aims to revolutionize healthcare and is committed to executional excellence and smart diversification [7].

Core Viewpoint - Electromagnetic Geoservices ASA (EMGS) is facing a need for additional funding to sustain operations and is exploring various restructuring options to preserve stakeholder value [1][2]. Financial Situation - The company has outstanding interest-bearing debt of USD 19.5 million under the convertible bond issue EMGS03, and the current capital structure is deemed unsustainable based on activity levels and outlook [2]. - The company is evaluating the potential conversion of the EMGS03 convertible bonds into new equity, which could lead to significant dilution for existing shareholders if executed at or below the current market price [3]. Strategic Alternatives - EMGS is assessing all available strategic and financial alternatives, including the possibility of a full conversion of the EMGS03 bonds, although there is no guarantee of obtaining the necessary consent from bondholders for such a resolution [4]. - Even if a conversion is successfully completed, it may not be sufficient to establish a financially sustainable long-term solution for the company [4]. Company Overview - EMGS is a leader in the marine electromagnetic (EM) market, utilizing proprietary technology to assist oil and gas companies in offshore hydrocarbon exploration [7]. - The company's services enhance exploration efficiency and reduce finding costs per barrel by integrating EM data with seismic and geological information [7].

Core Viewpoint - Strathcona Resources Ltd. has confirmed the payment of a special distribution of $10.00 per share and provided updates on its capital structure, including debt management and liquidity enhancements [1][2][4][5]. Special Distribution - The special distribution of $10.00 per share has been completed and will be distributed to registered shareholders by Odyssey Trust Company after December 22, 2025 [2]. - Beneficial shareholders will receive the distribution through their intermediaries, which may vary in timing based on their procedures [2][3]. Capital Structure Update - Strathcona has issued a notice of redemption for all outstanding US$500 million 6.875% Senior Notes due 2026, with a redemption date set for December 30, 2025 [4]. - The company has closed an upsized and extended bank credit facility, increasing the total facility size to approximately $3.490 billion from $3.255 billion, with a maturity extension to March 2030 [5]. - Strathcona disposed of its entire marketable security portfolio for approximately $1.390 billion, resulting in a gain of about $101 million compared to September 30, 2025 [6]. Financial Projections - Pro forma for the special distribution, Senior Notes redemption, and the disposition of public securities, Strathcona expects approximately $2.1 billion in outstanding debt as of December 31, 2025, with about $1.4 billion of liquidity available [7]. - The company anticipates a debt to EBITDA ratio of approximately 1.5x at a WTI price of US$60, with a projected weighted average interest rate of around 5% in 2026, down from approximately 6% in 2025 [7]. Company Overview - Strathcona is recognized as one of North America's fastest-growing pure play heavy oil producers, focusing on thermal oil and enhanced oil recovery [8].

Core Points - National Healthcare Properties, Inc. has closed a $550 million senior unsecured credit facility, consisting of a $400 million revolving credit facility and a $150 million term loan, maturing in December 2028 [1][2] - The credit facility includes an accordion feature allowing an increase in total borrowing capacity by up to an additional $450 million, bringing the total potential capacity to $1 billion [2] - The interest on amounts outstanding under the credit facility is based on SOFR plus a margin of 1.55% to 2.10%, depending on the company's leverage [2] - The company plans to use the borrowings to pay off an existing $330 million secured term loan and for future acquisitions, working capital, and general corporate purposes [2][3] Financial Strategy - The new credit facility is intended to strengthen the company's balance sheet and liquidity position, supporting its long-term growth strategy [3] - The facility provides financial capacity for executing on the senior housing operating properties pipeline and offers flexibility for a disciplined deleveraging strategy [3] Partnerships and Support - Wells Fargo Securities, LLC and BMO Bank N.A. acted as Joint Bookrunners, with Wells Fargo Bank serving as the Administrative Agent [4] - Several banks participated as Joint Bookrunners and Documentation Agents, indicating strong support from financial partners [4] Company Overview - National Healthcare Properties, Inc. is a publicly registered real estate investment trust focused on acquiring a diversified portfolio of healthcare real estate, particularly in seniors housing and outpatient medical facilities in the United States [5]

Financial Strategy - Delivery Hero is evaluating options to improve its finances and operations [1] - The company is considering changes to its capital structure [1] Shareholder Pressure - Major shareholders are pressuring Delivery Hero to conduct a strategic review [1]

Core Viewpoint - iPower Inc. has fully repaid its asset-based lending facility with JPMorgan Chase Bank, enhancing its capital structure and positioning for future growth opportunities [1][2]. Financial Actions - The company repaid its asset-based lending facility on December 7, 2025, and has initiated the termination of related Uniform Commercial Code filings [1][6]. - A bridge loan with an interest rate of 6.5% per annum was secured to facilitate the payoff and provide transitional liquidity, with no associated fees [1][6]. Strategic Positioning - The CEO of iPower stated that by retiring the ABL and clearing related liens, the company is positioned to pursue growth opportunities that can significantly enhance its retail operations and adjacent initiatives [2]. - The bridge loan provides a clean and predictable runway for the company as it evaluates longer-term capital solutions aligned with its strategic growth and profitability objectives [2]. Company Overview - iPower Inc. is a technology- and data-driven online retailer that provides value-added e-commerce services for third-party products and brands, operating a nationwide fulfillment network [4]. - The company is expanding its infrastructure across software, logistics, and manufacturing, with plans to pursue initiatives in digital assets and blockchain integration [4].

The Bundesbank is proposing giving European banks more than five years to overhaul how they use additional Tier 1 debt, as it seeks to salvage a controversial proposal to streamline banks’ capital structure https://t.co/oecEsHG6iC ...