Valentine is a longtime friend and collaborator of Warren Lichtenstein, Founder & Executive Chairman of Steel Partners Holdings L.P. and Founder of Steel Sports. Valentine brings decades of experience as a coach, leader, and international ambassador for the game of baseball. He will serve as a key advisor to Steel Sports' leadership, helping advance its mission to put Kids First and develop the next generation of leaders through sports. "I've known Bobby for many years, and he's someone who truly lives our ...

Core Insights - Leifras Co Ltd (NASDAQ:LFS) shares experienced a significant surge, closing at $11.37 with a 576.79% increase in regular trading and further climbing 4.22% in after-hours trading to $11.85 [1][2]. Group 1: Contract Announcement - On November 5, Leifras announced a contract win for Regional Club Activity Facility Management and Operation Services from the City of Nagoya, managing facilities at 111 municipal junior high schools for community club activities starting in October [2]. Group 2: IPO Context - The company began trading on October 9, closing its initial public offering on October 10, selling 1.25 million American Depositary Shares (ADS) at $4 per ADS, generating $5.0 million in gross proceeds before expenses [3][4]. Group 3: Fund Allocation - Proceeds from the IPO will be allocated to hiring full-time staff, acquiring additional sports facilities, and supporting working capital needs for the company's sports school and social business operations [4]. Group 4: Stock Performance - Over the past month, LFS stock has surged 208.13% and increased by 322.68% in the last five days, with a market capitalization of $297.45 million and a 52-week range of $1.58 to $12.49 [5].

Market Movements - The market has seen notable movements among top gainers from various industries, including biotechnology and financial services, driven by product developments, strategic initiatives, and broader industry trends [1][5] MSP Recovery, Inc. (MSPR) - MSP Recovery, Inc. experienced a substantial price increase of 74.57%, with its stock reaching $0.55, following the announcement of a strategic move to enhance liquidity and working capital [2][6] - The company entered a non-binding term sheet for a secured term loan facility of up to $55 million to drive future growth [2] LEIFRAS Co., Ltd. (LFS) - LEIFRAS Co., Ltd. saw its American Depositary Shares climb by 72.02% to $2.89 after securing a contract with the City of Nagoya, Aichi Prefecture [3][6] - The contract involves managing regional club activity facilities and supporting a new extracurricular framework for Nagoya Municipal Junior High Schools, contributing to the stock's rise [3] Surmodics, Inc. (SRDX) - Surmodics, Inc. experienced a stock price increase of 48.88% to $40.71, influenced by a legal development where the U.S. District Court cleared the path for GTCR's proposed acquisition of the company [4] - The court denied a request for a preliminary injunction by the U.S. Federal Trade Commission, which likely impacted the stock's upward movement [4]