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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.

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.

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.

Nepra Foods Inc. announced a non-brokered private placement to raise up to $500,000. The offering involves issuing units at $0.06 each, comprising a common share and a warrant. Funds will be used for working capital. Closing is subject to regulatory approvals. Nepra Foods, a specialist in allergen- and gluten-free food ingredients, aims to strengthen its position in the healthy food market through this financing.

Murphy USA (MUSA) will present at upcoming investor conferences, sharing preliminary Q2 2025 results. Fuel margins were 31.7 cents, while volumes rose 0.5% overall but decreased 1.1% on a same-store basis. Merchandise sales increased, but both nicotine and non-nicotine sales faced headwinds. Operating expenses rose 2.8% per store. The company operates over 1,750 stores and has new store constructions underway.

Kroger was named one of America’s Most Trustworthy Companies by Newsweek for 2025, reflecting its strength in customer, investor, and associate trust. CEO Ron Sargent emphasized Kroger’s focus on quality food, competitive prices, and community support. The recognition also acknowledges Kroger’s Zero Hunger | Zero Waste initiative and various workplace achievements, reinforcing its commitment to both social responsibility and a positive work environment.

Ameriprise Financial announced that Allegiant Private Wealth, formerly of Merrill Lynch, has joined its independent advisor network. The Maryland-based wealth advisory practice, led by Christine Selzer, brings over $300 million in assets. This move reflects a strategic shift for Allegiant, seeking greater autonomy and a focus on financial planning. Ameriprise sees this as a key part of attracting experienced financial advisors.

Mag Mile Capital secured a $10.25 million joint venture equity deal for an office-to-multifamily conversion project in Chicago’s River North. The project at 111 W. Illinois will transform a Class A office building into 153 apartments and the deal closed in late May 2025 with equity from a Chicago-based institutional partner. This highlights a significant shift in the real estate landscape.

Verint’s “State of Customer Experience 2025” report reveals AI adoption is crucial for businesses. Key findings include consumer preference for AI-driven solutions and digital channels and demand for quick issue resolution. Speed of service now outweighs empathy. A negative experience can greatly impact brand loyalty. Excellent CX drives repeat purchases and recommendations.

Heineken Holding N.V. announced share buyback transactions for the week of June 9-13, 2025. In this first tranche of a €750 million program, 70,010 shares were repurchased at an average price of €69.01. As of June 13, 2025, a total of 1,133,263 shares have been repurchased for €77,340,867. Weekly updates are available on the company website.