Core Viewpoint - Indigo Acquisition Corp. has priced its initial public offering (IPO) of 10,000,000 units at $10.00 per unit, with trading set to begin on July 1, 2025, under the ticker symbol "INACU" on Nasdaq [1] Company Overview - The Company is a Cayman exempt company formed as a blank check company aimed at engaging in mergers, share exchanges, asset acquisitions, and similar business combinations with established, profitable companies that have attractive market positions and growth potential [2] - The management team is led by Chairman and CEO James S. Cassel and COO/CFO Scott Salpeter [2] Offering Details - EarlyBirdCapital, Inc. is the book-running manager for the offering, while IB Capital serves as co-manager [3] - The Company has granted underwriters a 45-day option to purchase an additional 1,500,000 units at the IPO price to cover over-allotments [3] - The offering is conducted solely through a prospectus, with copies available from EarlyBirdCapital, Inc. [3] Regulatory Information - A registration statement for the securities was filed with the SEC and declared effective on June 30, 2025 [4]

Market Growth and Projections - The SD-WAN market is estimated to be approximately $4.5 billion in 2023, projected to grow to over $17.6 billion by 2030, with a CAGR of 18% in North America and over 60% in APAC[25]. - SASE software and platform revenues are expected to grow from $6.4 billion in 2022 to $27.2 billion by 2030, resulting in a CAGR of almost 20%[26]. - The total NMS market is projected to grow at a CAGR of 10% from $2.0 billion in 2022 to approximately $4.4 billion by 2030, with cloud-based solutions accounting for almost 85% of the total market[27]. Company Overview and Operations - FatPipe has over 2,500 end-user customers across various sectors, with no single customer accounting for over 10% of total revenue in fiscal years 2024 and 2025[53]. - The company is headquartered in Salt Lake City, Utah, with additional operations in Chennai, India, highlighting its international presence[64]. - The company has 154 full-time employees, with 57 in the U.S., 92 in India, and 5 in the Philippines, reflecting a diverse workforce[62]. Financial Performance - For the fiscal year ended March 31, 2025, net revenue was $16,288,881, a decrease of $1,572,028, or 9%, from the prior fiscal year[180]. - Gross profit for the fiscal year ended March 31, 2025, was $15,227,234, a decrease of $1,564,101, or 9%, from the prior fiscal year[182]. - Net income for the fiscal year 2025 was $1,952,895, down from $4,279,681 in 2024, indicating a significant decline[208]. Revenue Sources and Contracts - FatPipe's revenue is derived from software solutions and services, with customer contracts typically ranging from 36 to 60 months[170]. - Recurring billings from monthly and annual subscriptions increased by 23% in 2025, up from a growth of 14% in the previous fiscal year[209]. - The addition of a new cybersecurity product is anticipated to contribute to new revenues and recurring billings going forward[209]. Strategic Partnerships and Market Expansion - Three channel partners accounted for approximately 53.77% of total revenue during fiscal year 2025, highlighting the importance of strategic partnerships[53]. - FatPipe plans to expand its presence in Mexico and Asia markets with geography-specific software license bundles[21]. - The company is in discussions with potential partners to address local market needs in Southeast Asia, excluding China[52]. Intellectual Property and Competitive Edge - The company holds a portfolio of 13 patents covering a range of SD-WAN and related capabilities, enhancing its competitive edge[41]. - As of June 30, 2025, the company holds 13 U.S. patents and seven U.S. trademarks, indicating a strong intellectual property portfolio[58]. Risks and Challenges - The company operates in a highly competitive market, with significant risks related to the introduction of new solutions and the ability to maintain its competitive position[65][66]. - The company faces risks from supply shortages and fluctuating costs of materials, which could adversely affect its financial condition[66][67]. - Increased competition in the market poses risks to the company's ability to acquire new customers and maintain market share[75]. Governance and Management - The company plans to structure employment agreements for co-founders and other employees once independent board members are elected, indicating a focus on governance[63]. - The company is dependent on the continued services of its senior management, and any loss could adversely affect its business and financial condition[80]. Initial Public Offering (IPO) - The company completed its initial public offering on April 9, 2025, selling 791,024 shares at an initial price of $5.75 per share, generating gross proceeds of approximately $4,500,000[59][60]. - The company received net proceeds of approximately $3,700,000 from the IPO after deducting discounts and expenses[60]. Operating Expenses and Financial Management - Operating expenses include marketing and sales, general and administrative, and product development, with expectations for G&A expenses to increase as the company hires more personnel[175]. - The company anticipates continued reliance on operating cash flows and cash raised from the public offering conducted in April 2025 to meet its capital requirements[194]. Cybersecurity and Risk Management - FatPipe's cybersecurity risk management is integrated into its overall risk management framework, ensuring cybersecurity considerations are part of decision-making processes[148]. - The company has not encountered any cybersecurity challenges that materially impaired its operations or financial standing during the year ended March 31, 2025[151]. Compliance and Regulatory Risks - Non-compliance with laws and regulations could result in fines and penalties, negatively impacting the company's ability to contract with public sector clients[123]. - The company relies on various regulatory and contractual requirements when selling solutions to the U.S. government, with non-compliance potentially leading to severe penalties[124].

作者简介于波，江苏省生产力学会秘书长，南京信息工程大学商学院教授，经济学博士，江苏省"六大 人才高峰"高层次人才培养人选，荣获"2020年度中国生产力学会优秀成果奖""第十三届江苏省高校哲学 社会科学研究成果奖三等奖"等多项学术奖励。 □ 于波 习近平总书记在参加十四届全国人大三次会议江苏代表团审议时强调，经济大省要挑大梁为全国发展大 局作贡献，并指明其中一个着力点——"在推动科技创新和产业创新融合上打头阵"。科技创新是产业创 新的核心动力，产业创新是科技创新的价值飞跃，两者相辅相成、互促共进。探寻科产创新融合发展新 路子，扎实推进科产创新深度融合，也是江苏作为经济大省挑大梁、为全国发展大局作贡献的着力点 和"必答题"。 切实激发企业科技创新主体活力。进一步优化营商环境，健全企业激励创新制度体系。推动企业共建或 引进一批新型研发机构、技术转移服务机构，推进协同创新合作。简化企业研发加计扣除手续，加大企 业创新税收优惠，激励企业加大研发投入。强化政策引导和市场激励，鼓励各类金融机构开发和提供促 进企业创新的金融产品。推进实施职务成果赋权、科技人才特殊薪酬管理和中长期股权激励等政策，破 解科技创新激励体制机制难题 ...

2023年，宋林云接过第一书记"接力棒"后，来到许巷村。面对村里种粮大户"缺品牌、缺渠道，缺技 术、缺指导"的困惑，宋林云成为了许巷农产品拓宽增收的"牵线人"。在他的推动下，许巷村党总支与 产发集团党委联建攻坚，通过组织生活共过、发展难题共解，于内召开10余次村情恳谈会、工作推进 会，确立了"烟花三月下扬州酒浓饭香在许巷"的联建品牌；于外聘用来自扬州文化艺术学校、中国农业 科学院家禽研究所、瘦西湖景区等单位的3位专家为村"乡村振兴文化顾问"，与邗江联合村镇银行等10 余家企事业单位达成战略合作关系，帮助村集体销售许巷农产品获利20万元。由市农业农村局和产发集 团"输血"150万元建设的50余亩村集体标准温室大棚建成，种植的草莓、番茄等特色蔬果，成为了富集 体、富村民的"金果果"。 为了让更多类似许巷村的经济薄弱村脱帽，邗江区从"一村一策"发展需求入手，形成国企、机关部门 等"资源清单"，构建区领导、国企、区级机关部门与村结对"三挂三带三解"新模式，明确区四套班子成 员、区级部门、国有企业与64个集体经济发展重点村结对，近两年下派市区29名"第一书记"驻村帮扶， 打造邗江区农业产业研究院、"十百千万"工程指导中 ...

Core Viewpoint - Saia, Inc. is set to release its quarterly financial results on July 25, 2025, before the market opens, followed by a conference call to discuss the results [1]. Group 1: Financial Results Announcement - Saia, Inc. will announce its quarterly financial results on July 25, 2025, before market opening [1]. - A conference call will be held at 10:00 a.m. Eastern Time on the same day to discuss the results [1]. Group 2: Conference Call Participation - Participants can join the conference call by dialing 1-877-317-6789 and should call in five to ten minutes in advance [2]. - The call will be webcast live on the company’s website, and a replay will be available for two hours after the call until August 25, 2025 [2]. Group 3: Company Overview - Saia, Inc. provides a variety of transportation services, including less-than-truckload, non-asset truckload, expedited, and logistics services [3]. - The company operates 213 terminals nationwide and is headquartered in Georgia [3].

Core Viewpoint - Eloro Resources Ltd. has amended the payment schedule for the Iska Iska silver-tin polymetallic project, allowing for a more manageable payment structure to earn a 100% interest in the project [1][2]. Payment Schedule Summary - The total remaining payment for Iska Iska is US$4,450,000, which includes: - Credit for expenditures on the Mina Casiterita property: US$1,800,000 - Payment due on July 15, 2025: US$1,000,000 - Payment due on January 6, 2026: US$1,650,000 [2]. Mina Casiterita and Mina Hoyada Agreement - The agreement for Mina Casiterita and Mina Hoyada has been amended to require: - A cash payment of US$1,800,000 within 12 months after obtaining mining rights, subject to regulatory approval - Issuance of 200,000 common shares upon completion of property transfer [3]. Company Overview - Eloro Resources Ltd. is focused on exploration and mine development, holding a portfolio of gold and base-metal properties in Bolivia, Peru, and Quebec - The Iska Iska Property is classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in southern Bolivia - Eloro also holds an 82% interest in the La Victoria Gold/Silver Project located in Peru [4].

Core Viewpoint Ellomay Capital Ltd. reported significant financial improvements for the first quarter of 2025, including increased revenues and a return to profitability, driven by new solar projects and favorable financing conditions. Financial Overview - Total assets as of March 31, 2025, were approximately €721.2 million, up from €677.3 million as of December 31, 2024, reflecting a growth of about 6.5% [4] - Revenues for the three months ended March 31, 2025, were approximately €8.9 million, a 9% increase from €8.2 million in the same period of 2024 [4][5] - Profit for the three months ended March 31, 2025, was approximately €6.8 million, compared to a loss of approximately €4.9 million for the same period in 2024 [4] - EBITDA for the three months ended March 31, 2025, was approximately €2.9 million, an increase of about 81% from €1.6 million in the corresponding quarter last year [4][5] Revenue Drivers - The increase in revenues was primarily due to contributions from new solar facilities in Italy, specifically a 19.8 MW and an 18.1 MW project that were connected to the grid in early 2024 and January 2025, respectively [4] - Operating expenses remained stable at approximately €4.6 million for both the first quarter of 2025 and 2024 [4] Project Development and Future Outlook - In Italy, financing agreements for solar projects totaling 198 MW have been signed, with 38 MW already connected to the grid and construction of 160 MW underway [6] - In the US, the company is advancing solar projects with a capacity of approximately 50 MW, expected to begin construction in 2025 [7] - In the Netherlands, a license to increase production at the GGG facility by 64% has been received, with additional licenses in advanced stages [8] - In Israel, negotiations are ongoing with the Israeli Electricity Authority for compensation related to project delays and damages [9] Comprehensive Income - Total comprehensive income for the three months ended March 31, 2025, was approximately €1.9 million, down from €7.1 million in the same period of 2024 [4] - Total other comprehensive loss was approximately €4.9 million for the first quarter of 2025, compared to total other comprehensive income of approximately €12 million in the same quarter of 2024 [4] Financing Activities - The company issued Series G Debentures in February 2025, raising approximately NIS 214.5 million (about €56.7 million) [4]

Core Viewpoint - NFI Group Inc. plans to release its second quarter 2025 financial results on July 31, 2025, with a conference call scheduled for August 1, 2025, at 8:30 a.m. ET [1] Company Overview - NFI Group Inc. is a leader in propulsion-agnostic bus and coach mobility solutions, focusing on low- and zero-emission buses and coaches to meet urban demands for sustainable transportation [5][6] - The company has nearly 9,000 employees across ten countries and offers a wide range of bus and coach platforms, including electric models and various sustainable drive systems [6] Financial Results Announcement - The financial results will be discussed in a conference call and webcast, with no registration required for webcast attendees [2] - For phone attendees, pre-registration is necessary to receive call-in details [3] - A replay of the call will be available from August 1, 2025, until August 1, 2026 [4]

Core Viewpoint - Aventis Energy has amended its non-brokered private placement offering, now offering up to 1,400,000 flow-through units at a price of C$0.25 per unit, aiming for gross proceeds of C$350,000 to fund exploration activities on its project portfolio [1][4]. Offering Details - Each flow-through unit consists of one common share and one half of a common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.35 for 24 months [2]. - The offering will be conducted under exemptions for accredited investors and minimum investment amounts, with a statutory hold period of four months plus one day following the closing date [3]. Use of Proceeds - Proceeds from the offering will be allocated to eligible Canadian exploration expenses that qualify as flow-through mining expenditures, with all qualifying expenditures renounced in favor of the subscribers effective December 31, 2025 [4]. Company Overview - Aventis Energy Inc. is focused on mineral exploration, particularly in battery, base, and precious metals, with ongoing projects including the Corvo Uranium and Sting Copper projects [6]. - The Corvo Uranium property has shown historical uranium mineralization with notable drill results, while the Sting Copper Project covers approximately 12,700 hectares with promising copper grades reported [7][8].

Core Viewpoint - Canadian Gold Corp. has successfully closed an over-subscribed private placement, raising gross proceeds of $385,000 through the issuance of 1,203,125 flow-through common shares at a price of $0.32 per share [1][2]. Group 1: Financial Details - The gross proceeds from the private placement will be allocated to follow-up exploration work at the 100%-owned Hammond Reef South property and other Canadian projects [2]. - The company incurred a cash finder's fee of $19,250 in connection with the offering [4]. - All securities issued are subject to a hold period of four months and one day, pending final approval from the TSX Venture Exchange [4]. Group 2: Company Background - Canadian Gold Corp. is focused on mineral exploration and development, particularly aiming to expand the high-grade gold resource at the historic Tartan Mine in Flin Flon, Manitoba, which has an indicated mineral resource estimate of 240,000 oz gold [7][8]. - The company also holds a 100% interest in exploration properties in Ontario and Quebec, adjacent to major gold mines and development projects [8].