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The Ether Machine Celebrates Ethereum’s 10th Anniversary with Significant ETH Treasury Acquisition
The Ether Machine (DYNX) invested $56.9M to acquire 15,000 ETH at an average of $3,809.97 per ETH, marking Ethereum’s 10th anniversary. This brings their total ETH holdings to 334,757, with $407M allocated for future purchases. This deployment from a $97M private placement signals a strong institutional commitment to ETH and positions DYNX as a significant accumulator. Concurrently, Chairman Andrew Keys donated $100,000 to Protocol Guild, supporting Ethereum’s core development.
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SABA Announces Source of Distribution Notification
Saba Capital Income & Opportunities Fund II (SABA) announced the composition of its July 31, 2025 distribution, in accordance with SEC regulations. The distribution of $0.058 per share is comprised of $0.04284 (73.87%) net investment income and $0.01516 (26.13%) return of capital. Year-to-date, distributions total $0.464 per share, with $0.179 (38.58%) from net investment income and $0.285 (61.42%) from return of capital. Investors are advised not to equate distribution amounts with fund performance. Saba Capital Management, L.P. is now the investment advisor.
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authID to Report Second Quarter 2025 Financial Results on August 14, 2025
AuthID (AUID) will release its Q2 2025 financial results on August 14, 2025, after market close. A live webcast hosted by CEO Rhon Daguro and CFO Ed Sellitto will follow at 5:00 p.m. ET to discuss the results and provide a company update. Registration is required to join the call. A replay and presentation materials will be available on authID’s Investor Relations Events page for 90 days. AuthID is a biometric identity verification and authentication solutions provider.
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Erayak Power Solution Group Announces $7 Million Registered Direct Offering
Erayak Power Solution Group (RAYA) announced a $7 million registered direct offering, selling 107,692,307 Class A ordinary shares at $0.065 each. The offering, expected to close around August 1, 2025, includes pre-funded warrants with a $0.0001 exercise price. Craft Capital Management is the sole placement agent. This infusion of capital aims to bolster Erayak’s financial position, but the issuance of a large number of new shares will likely cause significant dilution for existing shareholders.
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Tri Pointe Homes Expands in Utah with Five New Communities
Tri Pointe Homes is expanding into Utah, opening its first community, Polaris at Terraine, in West Jordan. Plans include five communities across Salt Lake, Utah, and Wasatch counties, offering approximately 300 homes designed for the Utah lifestyle. This expansion comes as Utah boasts a strong economy and high demand for housing. Tri Pointe aims to provide a customer-centric experience with personalized designs and HomeSmart® technology. A Design Studio is planned for 2026.
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KeyBank and Pro Football Hall of Fame Partner to Name New Event Center
KeyBank secured naming rights for the Pro Football Hall of Fame’s new event center, to be named KeyBank Center, opening in 2027. The multi-purpose venue will feature a VIP club, rooftop event space, and educational programming, boosting local tourism and economic activity. The partnership includes engagement with Hall of Fame legends and a financial literacy program, marking KeyBank’s commitment to Northeast Ohio and the community. Groundbreaking is set for fall 2025.
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Boba Mint Finalizes Acquisition of Werd Studios
Boba Mint Holdings has completed its acquisition of the remaining 50% of Werd Studios, a blockchain gaming company, for $1.4 million, issuing 7 million common shares to Werd’s CEO, Andrew Shore. Werd Studios brings blockchain/crypto games like Cafe Disco Party and Moon Poker. The issued shares are subject to lock-up periods. Shore’s ownership in Boba Mint doubles to 13.04%. Negative aspects include share dilution and lengthy lock-up periods which require monitoring.
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Leqembi® Sales Reach ¥23.1 Billion in Q2 2025
BioArctic’s Q2 2025 royalties surged to SEK 162.5 million due to strong Leqembi (lecanemab) sales, developed with Eisai, reaching JPY 23.1 billion. This included a one-time China stockpiling effect of JPY 5.3 billion. Excluding this, sales were JPY 17.8 billion, with royalties of approximately SEK 125 million. BioArctic will release its full Q2 report on August 28, focusing on Leqembi’s sustainable growth. Leqembi, targeting early Alzheimer’s, is approved in 46 countries and under review in 10 more.
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Neotech Metals Begins Drilling at BC TREO Project
Neotech Metals (NTMFF) has begun its maiden drilling program at its 100%-owned TREO project in British Columbia’s Wicheeda Rare Earth District. The program targets high-priority zones identified by previous sampling, which yielded up to 28.97% TREO and 2.91% Nb₂O₅. Drilling aims to assess mineralized pathways and their relation to Defense Metals’ Wicheeda deposit. This marks a critical step in exploring the area’s resource potential.
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Shell Announces Share Buyback Program
Shell plc (SHEL) has initiated a $3.5 billion share buyback program spanning approximately three months, concluding by October 24, 2025. Executed via two $1.75 billion contracts on London and Netherlands exchanges, the program aims to reduce issued share capital by cancelling all repurchased shares, up to 602,100,000. Completion is expected before Shell’s Q3 2025 results, contingent on market conditions. The buyback demonstrates financial strength and boosts shareholder value.