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Terra Innovatum’s merger with GSR III Acquisition Corp. has been approved by GSRT shareholders, paving the way for $130 million in funding upon closing. This capital will support licensing, construction of a micro-modular reactor, and commercialization efforts, targeting a Nasdaq listing under “NKLR.” The deal is expected to close soon, pending standard conditions. Terra Innovatum aims to address energy demands with its SOLO™ reactor, with commercial availability projected by 2028, contingent on regulatory approval and execution.

VIP Play, Inc. CEO Les Ottolenghi will deliver the opening keynote at the Chief AI Officer Exchange, focusing on the crucial role of CAIOs in today’s AI-driven enterprise. His address will provide a blueprint for CAIOs to effectively translate AI complexities into actionable business strategy and build boardroom confidence. Ottolenghi will outline a framework for navigating AI development through 2030 and highlight essential responsibilities for CAIOs to drive adoption and establish trust. VIP Play’s participation underscores their commitment to AI-driven experiences and thought leadership in the sports entertainment sector.

Applied Materials (AMAT) introduced new chipmaking systems on Oct 7, 2025, designed to enhance AI chip performance. These include the Kinex™ bonding system for advanced logic and memory, the Xtera™ Epi system for Gate-All-Around transistors, and the PROVision™ 10 eBeam metrology system for improved yield in 3D chips. These innovations address critical areas like logic, DRAM, and advanced packaging, aiming to deliver performance and power-efficiency improvements needed to scale AI.

StoneX and Expana will launch OTC dairy derivatives on October 7, 2025, benchmarked against Expana’s EU dairy indices. Initially focusing on fat-filled milk powder and high-protein whey, the collaboration aims to provide granular hedging tools. Integration into StoneX Plus offers seamless access to pricing data, enhancing price discovery and liquidity. The derivatives address the rising need for risk management amid dairy sector volatility. Expansion to other dairy products is planned for a comprehensive risk management ecosystem.

Cognizant is partnering with SmartestEnergy to enhance its cybersecurity defenses with Managed Extended Detection & Response (MXDR) and a 24/7 Security Operations Centre (SOC). This collaboration aims to protect SmartestEnergy’s critical infrastructure and customer data amidst increasing cyber threats targeting the energy sector. Cognizant will provide continuous monitoring, proactive threat hunting, and rapid incident response, leveraging AI-powered analytics to bolster resilience and ensure business continuity as SmartestEnergy expands its operations and supports the transition to net-zero emissions.

Allegiant Air is giving away nearly $1 million in free flights during its annual Customer Appreciation Week. Passengers are being surprised with $250 vouchers redeemable for flights and ancillary services. The airline aims to reward loyal customers and solidify its low-cost carrier position. Allegiant was recently recognized as 2025’s Best Low-Cost Airline in North America by Skytrax. This initiative highlights Allegiant’s commitment to affordability and a positive customer experience.

DXC Technology launched the DXC APEX Program to streamline integration between insurers, brokers, and InsurTech providers using the DXC Assure Platform. The program addresses the complexities and costs of integrating third-party solutions, offering pre-built integrations to accelerate adoption of new capabilities and reduce operational friction. The Assure Platform, a cloud-based service, supports legacy and next-gen systems with AI and automation. Several InsurTech providers have already joined, offering solutions for product deployment, compliance automation, and workflow automation.

On October 6, 2025, a fire occurred at ONEOK’s Mont Belvieu fractionation complex in Texas, limited to the MB-4 unit’s heating system. No injuries were reported, and operations were temporarily shut down. ONEOK expects to resume operations in all but the MB-4 unit after inspections, with repairs needed for the affected unit. While assessing the damage, ONEOK anticipates no material adverse financial impact, attributing this to its diversified assets. An investigation is underway, and the incident highlights ongoing scrutiny of energy infrastructure safety.

Coty Inc. announced the pricing of a $900 million offering of 5.600% Senior Notes due 2031, issued by Coty and its subsidiaries. The offering aims to optimize Coty’s capital structure, with proceeds used to redeem its 5.000% and a portion of its 3.875% senior secured notes due 2026. The notes’ security status fluctuates based on investment-grade ratings. The strategic move reduces debt and extends maturity, reflecting investor confidence. The offering is exclusive to qualified institutional buyers.

Park Aerospace (PKE) will release its Q2 fiscal year 2026 financial results on October 9, 2025, after the NYSE closing bell. A conference call to discuss the results will be held at 5:00 p.m. EDT that day. Investors can access a live audio webcast and presentation materials on Park Aerospace’s website. Dial-in numbers are provided for phone participation, with a replay available from October 9-15. Analysts anticipate discussion on composite material advancements, supply chain dynamics, growth strategy and raw material costs.