Chamath Palihapitiya, a former Facebook executive and a prominent investor, has predicted that Elon Musk's aerospace startup, SpaceX, is unlikely to go for an initial public offering (IPO) amid speculations of it happening this year.The CEO and Founder of Social Capital, who is known for his “blank-check” companies, said on his podcast All-In that instead of an IPO, he believes that SpaceX would eventually go public through a reverse merger with Tesla.“I don’t think SpaceX will IPO, I think it will reverse ...

Toronto, Ontario--(Newsfile Corp. - January 9, 2026) - FluroTech Ltd. (TSXV: TEST.H) ("FluroTech" or the "Company") is pleased to announce that it has applied to the NEX board of the TSX Venture Exchange ("TSXV") for the resumption of trading of its common shares. The Company's shares were halted on December 20, 2023, pending completion of a proposed transaction with Great Slave Helicopters 2018 Ltd. ("GS Heli"). The definitive agreement with GS Heli was terminated on October 7, 2024 due to unfavorable mar ...

Group 1 - Core AI Holdings made its public debut on the Nasdaq Capital Market on October 7, 2025, trading under the ticker symbol CHAI [1] - The listing followed a reverse merger with Siyata Mobile [1]

Core Viewpoint - The article discusses the investigation by Monteverde & Associates PC into Gryphon Digital Mining, Inc. regarding its reverse merger with American Bitcoin Corp, which will result in American Bitcoin shareholders owning approximately 98% of Gryphon post-transaction, raising questions about the fairness of the deal [1]. Group 1: Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has recovered millions for shareholders [1]. - The firm is located in the Empire State Building, New York City, and specializes in class action securities litigation [2]. Group 2: Transaction Details - The reverse merger will lead to American Bitcoin shareholders holding about 98% of Gryphon, while existing Gryphon shareholders will only retain 2% of ownership after the merger [1]. - The article raises concerns about whether this distribution of ownership is fair to existing Gryphon shareholders [1].

Core Viewpoint - Inspirato and Buyerlink are merging through a reverse merger, valuing Buyerlink at approximately $326 million, aiming to create a leading platform for online marketplaces across various sectors, with projected revenues of around $350 million and adjusted EBITDA of approximately $30 million by 2025 [1][7]. Strategic Rationale - The merger aims to transform Inspirato from a luxury hospitality brand into a technology-driven luxury travel marketplace, enhancing member services and expanding luxury travel experiences [2]. - By integrating Buyerlink's capabilities, the combined entity will focus on maximizing value for members and tapping into new segments of the global luxury travel market [2]. Company Profiles - Inspirato is a luxury vacation club and property technology company, providing curated vacation options and custom travel experiences [14]. - Buyerlink is a leading marketing technology platform specializing in online marketplaces across high-value verticals, particularly in automotive and home services [15]. Transaction Details - The merger will consist of 90% common stock and 10% preferred stock, with preferred stock carrying a 7% accrued dividend [8]. - The average closing price of Inspirato's common stock prior to the agreement was $3.61 per share [8]. Governance and Leadership - One Planet Group will become the majority shareholder of the new entity, which will be named One Planet Platforms, with Payam Zamani serving as Chairman and CEO [9]. - Inspirato will continue to operate as a premier luxury travel company within the combined entity [9]. Approval Process - A Special Committee of Inspirato's Board of Directors conducted a thorough review and unanimously recommended the merger, which was subsequently approved by the full Board [11].

Core Insights - Main Street Financial Services Corp. reported a net income of $3.6 million, or $0.47 per common share, for Q1 2025, showing an increase from $1.5 million, or $0.40 per share, in Q1 2024 [2][7][30] - The merger with Wayne Savings Bancshares, completed on May 31, 2024, resulted in a combined financial holding company with assets of $1.4 billion [3][4] - The company experienced significant growth in net interest income, which rose by 128% to $11.5 million in Q1 2025 compared to $5.1 million in Q1 2024 [5][26] Financial Performance - Return on average equity for Q1 2025 was 13.27%, up from 12.94% in Q1 2024, while return on average assets increased to 1.03% from 0.86% [2][5] - Net interest margin improved to 3.44%, an increase of 83 basis points from 2.61% in Q1 2024 [5] - Loan yields increased to 6.14%, up 81 basis points from 5.33% in Q1 2024 [5] Loan and Deposit Growth - The company reported loan growth of $17.8 million, or 6.4% annualized, during Q1 2025 [7][11] - Deposit growth was $28.3 million, or 9.8% annualized, for the same period [7][15] - The total loan balances reached $1.13 billion as of March 31, 2025 [11] Noninterest Income and Expenses - Noninterest income totaled $0.8 million, reflecting a 20.8% increase compared to Q1 2024 [8] - Noninterest expenses rose to $7.5 million, an increase of $3.6 million due to combined expenses post-merger [9] Asset Quality and Credit Losses - The provision for credit losses was recorded at $245,000 for Q1 2025, with total nonperforming loans decreasing to $4.9 million from $6.1 million at the end of 2024 [6][13] - The allowance for credit losses was $12.0 million, representing 1.05% of total loans [12] Balance Sheet Highlights - Total assets were reported at $1.41 billion, with total liabilities of $1.30 billion and stockholders' equity of $114.8 million as of March 31, 2025 [11][16] - The company declared a cash dividend of $0.14 per share on April 11, 2025 [7]