Jam

E3 Lithium Ltd. is nearing completion of Phase 1 of its Demonstration Facility in Alberta, Canada, focused on Direct Lithium Extraction (DLE). All major equipment is assembled, and infrastructure integration is underway. Commissioning, starting with brine introduction to optimize the DLE system, is targeted for late August. The facility aims to produce high-quality lithium chloride for battery-grade lithium carbonate production. E3 Lithium holds a substantial lithium resource base and a promising Pre-Feasibility Study on its Clearwater Project.

DigitalOcean priced $550M in convertible senior notes due 2030, up from $500M, in a private offering. They’ll use $73.81M for capped call transactions against dilution and the rest with term loans to repurchase $1,131.3M of existing 2026 notes, extending repayment & potentially benefiting from interest rates. Initial conversion is 25.5317 shares/$1,000 note (39.17/share, 32.5% premium). DOcan redeem notes starting 2028 if share price exceeds 130% conversion price. A new $100M stock repurchase program was also authorized.

Ligand Pharmaceuticals (LGND) priced $400M convertible senior notes due 2030 in a private placement. The notes have a 0.75% interest rate and an initial conversion price of $194.79 per share, a 32.5% premium. Ligand expects $386.9M net proceeds, using $39.9M for hedge transactions, $15M to repurchase shares, and the rest for corporate purposes. The notes can be converted under certain conditions, and Ligand may redeem them after October 2028 if its stock price reaches 130% of the conversion price.

Cablevisión Holding (CVHSY) reported its First Half 2025 results, highlighting the acquisition of Telefónica Móvil Argentina (TMA). Total revenues increased 44.4% YoY to Ps. 3,357,004 million, driven by TMA integration and higher ARPUs. EBITDA rose 45.2% to Ps. 1,000,447 million, with a margin of 29.8%. However, the company reported a consolidated net loss of Ps. 80,188 million. 1H25 results are not directly comparable to 1H24 due to TMA’s inclusion. Excluding TMA, total costs decreased by 0.6% YoY.

Revive Therapeutics (RVVTF) closed the first tranche of its private placement, raising $60,900 by issuing 2.9 million units at $0.021 each. It also settled $67,400 in debt by issuing 3.2 million units at the same price. Each unit includes a share and a warrant exercisable at $0.05 for 36 months. The proceeds will fund working capital and payables. Securities are subject to a hold period expiring December 9, 2025. The offering included 100,000 compensation options to an investment dealer.

American Public Education, Inc. (APEI) has appointed James Kenigsberg as interim Chief Innovation and Technology Officer, signaling a strategic pivot towards AI-powered education. Kenigsberg, former CTO of 2U, Inc., will lead APEI’s efforts to integrate AI and data analytics across its educational network, including American Public University System, Rasmussen University, and Hondros College of Nursing. The goal is to enhance accessibility, improve student retention, and personalize learning experiences for students. APEI aims to become a data-first, AI-enabled institution.

TotalEnergies SE announced a share repurchase program, buying back 3,130,220 of its shares between August 4th and 8th, 2025, for over €163.5 million. The average weighted purchase price was €52.23 per share. Transactions were executed on AQEU, CEUX, XPAR, and TQEX exchanges. This buyback, authorized by shareholders, reflects confidence in TotalEnergies’ financial position and aims to enhance investor value. TotalEnergies focuses on providing sustainable energy solutions across oil, biofuels, gas, hydrogen, renewables, and electricity.

PG&E, Fremont Unified School District, and The Mobility House launched a V2G electric school bus fleet, enabling the buses to feed energy back into California’s grid. The project features 22 EV chargers and 14 electric buses, replacing traditional combustion engine vehicles. Utilizing The Mobility House’s ChargePilot, the fleet participates in PG&E’s Emergency Load Reduction Program, enhancing grid reliability during peak demand. This initiative, supported by various partners, aims to create a cleaner and more resilient energy ecosystem.

UBS Global Wealth Management US has opened a new flagship office in downtown Napa, California. This move signifies UBS’s increased commitment to the region and its affluent clientele within the Napa Valley economy. The 4,000-square-foot office features modern facilities and panoramic views. According to UBS executives, the new office is designed to enhance client service and integrate more deeply into the Napa community. UBS aims to provide exceptional service and personalized advice to meet client’s needs. UBS has operated in the Napa area for over 30 years.

Avantor reaffirmed its commitment to shareholder value after Engine Capital’s letter, highlighting strategic efforts to drive growth and returns. Key actions include a new CEO appointment (Emmanuel Ligner, starting August 18, 2025), a $400M cost transformation, business resegmentation, and significant debt reduction ($1.5B). The company emphasizes its robust product portfolio, distribution network, and life sciences relationships, expressing confidence in future value creation under Ligner’s leadership and welcomes continued shareholder dialogue.