Harbor Funds, an investment management company, released its Q3 2025 investor letter for “Harbor Mid Cap Fund”. A copy of the letter can be downloaded here. The Harbor Mid Cap Fund primarily focuses on investing in equity securities, targeting common and preferred stocks of mid-sized U.S. companies. Global equities rebounded strongly in the third quarter, fueled by inflation easing, resilient economic data, and some of the most disruptive trade measures were eased or postponed. The fund returned 4.19% in t ...

Core Insights - Datavault AI Inc. has entered into a multi-year services agreement with Triton Geothermal LLC, positioning itself as an exclusive technology partner for Triton's geothermal asset program [1] Company Overview - Datavault AI Inc. specializes in advanced data management and valuation technologies, indicating a focus on innovative solutions in the data sector [1] - Triton Geothermal LLC is a full-cycle geothermal development company, highlighting its comprehensive approach to geothermal energy projects [1] Agreement Details - The agreement encompasses Real World Asset (RWA) digitization, valuation, and structured monetization services, which are critical for optimizing Triton's current and future geothermal assets [1] - The geothermal assets are validated through research conducted by the U.S. Department of Energy, underscoring the credibility and potential of the project [1]

Core Insights - Datavault AI Inc. has successfully closed the initial tranche of a $150 million Bitcoin investment from Scilex Holding Company [1] - Scilex is set to receive up to 278,914,094 shares of Datavault common stock at an effective purchase price of $0.5378 per share, which is subject to adjustment [1] Company Summary - Datavault AI Inc. is recognized as a leader in AI-driven data visualization, valuation, and monetization [1] - The investment from Scilex Holding Company indicates a strategic partnership aimed at enhancing Datavault's capital and market position [1] Financial Details - The total investment amount is $150 million, which reflects a significant financial commitment from Scilex [1] - The effective purchase price of $0.5378 per share suggests a calculated entry point for Scilex into Datavault's equity [1]

Company Overview - Andersen Group reported a 12.4% increase in revenue for the first half of 2025, with revenue reaching $384.1 million compared to $341.6 million in the same period the previous year [1][4] - The company experienced a loss of $45.4 million in the first half of 2025, contrasting with a profit of $46.9 million in the same period a year earlier [4] IPO Details - Andersen has filed for an initial public offering (IPO) in New York, with plans to list under the ticker symbol "ANDG" [5] - Morgan Stanley and UBS are serving as lead underwriters for the offering [5] Industry Context - The potential listing of Andersen marks a significant emergence from the legacy of Arthur Andersen, positioning it as one of the few publicly traded tax and consulting firms in the United States [3] - The profile of U.S. IPOs has broadened recently, driven by strong investor demand across various sectors [3]

Core Viewpoint - Andersen Group Inc. is planning to publicly file for its IPO, potentially debuting in early October, amid a favorable market environment following a Federal Reserve interest rate cut [1][2]. Group 1: IPO Plans - Andersen Group has filed confidentially for a listing and is working with Morgan Stanley and UBS Group AG as lead underwriters for the planned IPO [1]. - The company aims to capitalize on the growing investor appetite for stocks [1]. Group 2: Company Overview - Andersen provides a wide range of services including tax, valuation, financial advisory, and related consulting services to both individual and commercial clients [2].

Core Viewpoint - Datavault AI, Inc. has filed a lawsuit against unidentified "naked" short sellers, alleging securities fraud and defamation, claiming that these practices have manipulated the stock price despite positive company developments [1][2]. Company Overview - Datavault AI, Inc. focuses on AI-driven data visualization, valuation, and monetization, alongside high-performance computing solutions, operating through two core divisions: data science and acoustic science [2]. - The company utilizes proprietary software that incorporates blockchain, AI, and machine learning for secure data management, real-time valuation, and tokenization [2]. Legal Action Details - The lawsuit, filed in federal court in Chicago, seeks unspecified compensatory and special damages against the defendants for their alleged manipulative practices [1]. - The lead counsel for Datavault AI, Jacob Frenkel, expressed confidence in pursuing civil RICO allegations against the violators once identified [2]. Market Context - "Naked" short selling is illegal but remains a common practice that undermines market stability and investor confidence, as noted by the SEC [2]. - The lawsuit highlights the contrast between Datavault AI's positive business developments and the negative impact of the alleged fraudulent activities on its stock price [2].