Jam
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Eyenovia Unveils $50 Million Investment for HYPE Token Cryptocurrency Treasury Reserve
Eyenovia, Inc. is pivoting into the digital asset space with a $50 million private placement to acquire over 1,000,000 HYPE tokens from Hyperliquid, becoming the first U.S.-based public company to hold a substantial amount. This investment, coupled with the appointment of a Chief Investment Officer, positions Eyenovia as a top-tier validator. Simultaneously, Eyenovia will continue ophthalmic technology development, reflecting a dual strategy to create value, while also launching a HYPE staking program. The company is planning to change its name and ticker.
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Company Holdings
EIG Asset Management LLC decreased its stake in Diversified Energy PLC (DEC), reducing its total voting rights from 20.21% to 18.20%, a change equivalent to 14,330,718 shares. The transaction, reported on June 17, 2025, occurred on May 27, 2025. EIG’s holdings are distributed through multiple entities, with EIG Energy Fund XVI, L.P. holding the largest individual position. This impacts shareholder influence, based on a total issued share capital of 78,757,014.
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Kyivstar and Ukrainian Digital Ministry Partner on National Large Language Model
VEON Ltd. and Ukraine’s Ministry of Digital Transformation are partnering to create Ukraine’s first large language model (LLM), trained exclusively on Ukrainian data. This project, fueled by VEON’s $1 billion infrastructure investment, aims to develop a secure, culturally relevant AI ecosystem. The LLM will power AI-driven tools tailored to Ukrainian needs, specifically in sectors like government and healthcare. The first version is expected by December 2025, led by Kyivstar, aiming to enhance digital sovereignty and economic growth.
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Jack Henry Wins Pinwheel Arms with Account Activation, Switch Kit, and Bill Management Suite
Pinwheel is expanding its solutions on the Jack Henry digital banking platform. This includes the Switch Kit and Bill Navigator, streamlining account activation and bill management for community and regional financial institutions. These features aim to simplify onboarding, allowing customers to easily switch deposits and bills, potentially saving money and enhancing customer loyalty.
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Lilly to Acquire Verve Therapeutics to Develop One-Time Cardiovascular Therapies for High-Risk Patients
Eli Lilly will acquire Verve Therapeutics, a clinical-stage company focused on gene editing therapies for cardiovascular disease. The deal, valued at approximately $1 billion, aims to advance Verve’s one-time treatment approach targeting genes linked to heart disease. Lilly plans to leverage its expertise in cardiometabolic diseases and gene medicines to develop Verve’s pipeline, including VERVE-102.
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VSA to Acquire HopeAI, Expanding into AI in Life Science
TCTM Kids IT Education Inc. (VSA) announced a non-binding LOI to acquire HopeAI, a leader in AI solutions for clinical development. This move aims to expand VSA’s presence in the AI-driven biopharmaceutical sector. HopeAI’s platforms offer solutions to reduce clinical trial timelines and improve efficiency. The acquisition is subject to customary closing conditions and will allow VSA to leverage HopeAI’s technology to advance drug development.
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CSG and AWS Expand Collaboration to Accelerate Cloud Transformation in Telecom and Financial Services
CSG and AWS are collaborating to accelerate cloud transformations for telecom and financial services. This partnership aims to reduce total cost of ownership (TCO) by up to 60% by leveraging cloud-native technologies and innovation. The initiative will see CSG’s mediation capabilities available via AWS Marketplace, enabling businesses to modernize, drive down costs, and utilize advanced technologies like AI.
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BEST SPAC I Acquisition Corp. Announces Closing of $55 Million IPO
BEST SPAC I Acquisition Corp. completed its $55 million IPO, priced at $10 per unit, on Nasdaq under the symbol BSAAU. The British Virgin Islands-based SPAC’s offering, managed by Maxim Group LLC, includes an over-allotment option. With focus on the consumer goods sector, the company aims to merge with a suitable target. The SEC declared the registration statement effective on June 12, 2025.
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TalPad T100: Think Academy Debuts AI-Powered, Affordable Tablet for Kids
Think Academy launches the TalPad T100, an AI-powered tablet designed to boost children’s academic performance. Targeting parents, the device features a “Genius Tutor” for 24/7 homework help and offers various educational content beyond standard tablet features. It aims to be an affordable, multi-purpose tool for homeschooling and traditional learning, offering personalized learning plans with a monthly subscription under $9.99.
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Lightspeed Commerce Settles Quebec Class Action Lawsuit
Lightspeed Commerce Inc. has reached an agreement in principle to resolve a proposed class action in Quebec, following the dismissal of a parallel U.S. securities class action. The settlement, subject to court approval, will resolve all claims without Lightspeed admitting liability. Founder & CEO Dax Dasilva stated the settlement allows Lightspeed to focus on strategic growth, for approximately $8.09 million.