Jam
-
Vision Marine Secures U.S. Battery Supply through Strategic Expansion with Octillion Power Systems
Vision Marine Technologies is expanding its U.S. presence by partnering with Octillion Power Systems to manufacture high-voltage battery packs in Nevada. This collaboration aims to accelerate OEM partnerships and consumer adoption of Vision Marine’s E-Motion™ platform. The move establishes a U.S.-based supply chain, promising faster distribution, increased efficiency, and simplified logistics for its electric boat solutions.
-
IREN Upsizes Convertible Notes Offering to $500 Million
IREN Limited has priced a $500 million offering of convertible senior notes due 2029, upsized from an initial $450 million, signaling strong investor interest. The offering, coupled with capped call transactions, aims to mitigate dilution risk. Proceeds will fund the capped call transactions, a prepaid forward transaction, and general corporate purposes. Key note terms include a 3.50% coupon, semi-annual interest payments, and an initial conversion price of approximately $13.64 per share. The company is strategically positioning itself in Bitcoin, AI, and next-generation computing.
-
Grupo Financiero Galicia S.A. Announces Secondary Offering of American Depositary Shares Price
Grupo Financiero Galicia S.A. announced an underwritten secondary offering of 11,721,449 ADSs at $54.25 per ADS, led by HSBC. The offering is not authorized for public sale in Argentina. Proceeds benefit the selling shareholder, HSBC, not Galicia itself. Morgan Stanley and Goldman Sachs are the underwriters, with expected closing on June 12, 2025. Investors should note forward-looking statements and consult the SEC filings for more information.
-
Journey Energy Inc. to Review Initiatives with Water Tower Research
Journey Energy Inc. (TSX: JOY, OTCQX: JRNGF) will participate in Water Tower Research’s Fireside Chat Series on June 11, 2025. CEO Alex Verge and Managing Director Jeff Robertson will discuss Journey’s strategic roadmap, including the Duvernay shale play, conventional assets, and power business development. The chat provides investors with insights into the company’s growth trajectory, market position, and the impact of regulations.
-
K92 Mining Reports Annual General Meeting of Shareholders Voting Results
K92 Mining Inc. announced successful results from its virtual and in-person 2025 Annual General Meeting. Shareholders overwhelmingly approved all resolutions, with 66.83% of shares voting. Key proposals, including director elections and auditor appointments, were approved. The strong support reflects confidence in the company’s leadership and strategic direction.
-
Toll Brothers Opens Sales for New Regency 55+ Active-Adult Homes in Chambers Creek Master Plan, Willis, Texas
Toll Brothers launched its Regency 55+ active-adult homes at Chambers Creek in Willis, Texas, north of Houston. This debut marks Regency’s first Houston area offering. The residences feature single-level, open-concept designs with customizable options and quick move-in homes. Prices start in the upper $300,000s. Residents benefit from numerous amenities and community events in this top-ranked, gated community near convenient access to entertainment and travel.
-
Newmark Secures $675 Million Refinancing for Manhattan’s Independence Plaza
Newmark Group arranged a $675 million refinancing for Independence Plaza, a 1,328-unit residential complex in Manhattan’s Tribeca neighborhood, on behalf of Vornado Realty Trust and Stellar Management. This deal highlights investor confidence in the New York City multifamily market. Vornado and Stellar are key players in NYC real estate, with Vornado also focusing on sustainability. Newmark’s global presence and financial performance are also noted.
-
First BanCorp to Report Q2 2025 Earnings on July 22
First BanCorp (FBP) will release its Q2 2025 financial results on July 22, 2025, followed by a conference call and webcast at 10:00 AM ET. The presentation will be accessible via the company’s investor relations website. Replays will be available via telephone and on the website until August 21, 2025, and July 22, 2026, respectively. First BanCorp, through FirstBank Puerto Rico, operates in Puerto Rico, the U.S., British Virgin Islands, and Florida.
-
Duluth Holdings Inc. Lays Off 3% of Workforce
Duluth Trading Company (DLTH) announced a workforce reduction of 51 positions (3% of its workforce) on June 4, 2025, to streamline operations. The move aims to optimize the business model, sharpen brand messaging, and improve the customer experience. The company, known for durable workwear and humorous marketing, caters to a hands-on lifestyle through online, catalog, and retail channels. Anticipated costs are less than $1 million.
-
Global Partners LP Announces Private Offering of Senior Notes
Global Partners LP plans a private offering of $400 million in senior unsecured notes due 2033 to refinance existing debt. Proceeds will fund a cash tender offer for outstanding 2027 notes, with any remaining notes redeemed around August 1, 2025. The offering is exclusively for qualified institutional buyers and non-U.S. persons. This strategic move aims to optimize Global’s capital structure and manage its debt profile.