Jam

Wix (WIX) priced $1.0 billion of 0.00% Convertible Senior Notes due 2030. The initial conversion price is $210.49 per share. Wix will use the proceeds for capped call transactions ($62.5M), share repurchases ($75M), and general corporate purposes. The capped call transactions aim to minimize dilution, with an initial cap price of $267.89. The notes mature on September 15, 2030, unless earlier repurchased or converted. Upsized from $750M, the offering reflects investor confidence.

NCL Corporation, a subsidiary of Norwegian Cruise Line (NCLH), has priced a $2.05 billion senior notes offering. The offering includes $1.2B of 5.875% notes due 2031 and $850M of 6.250% notes due 2033. Proceeds will fund a tender offer for 2026/2027 notes, redeem untendered notes, and fully redeem 2029 senior secured notes. The deal, expected to close September 17, 2025, is offered to qualified institutional buyers/non-U.S. investors and is designed to be leverage-neutral to NCLC’s balance sheet.

Voxtur Analytics (VXTRF) received a cease trade order (CTO) from Canadian securities authorities on September 5, 2025, for failing to file its Q2 2025 financial statements. The CTO prohibits trading of company securities in Canada. Voxtur also faces potential downgrade to the OTC Pink market if Q2 financials aren’t posted by October 13, 2025. The company received a Notice of Default from its lender due to missed debt payments, failure to maintain required EBITDA, and unpaid interest.

On September 8, 2025, Millrose Properties, Inc. announced the pricing of a $750 million private offering of 6.25% Senior Notes due 2032, an upsize of $250 million. Proceeds will repay a $500 million term loan and be used for general corporate purposes. The offering, expected to close September 11, 2025, is targeted at qualified institutional buyers and non-U.S. persons, as the notes are not registered under the Securities Act. The 6.25% coupon reflects market conditions and investor confidence in Millrose’s strategy of developing residential land for home builders.

Trupanion (TRUP) has launched its 2025 truFame contest, inviting members to submit their pets’ photos and stories for a chance to become brand ambassadors in 2026. The submission phase runs from September 8-19, followed by public voting from September 25-October 6. Winners will be announced the week of October 6 and featured in Trupanion’s marketing campaigns. Last year’s contest had over 6,000 entries. Trupanion leverages this contest to strengthen community engagement and generate user content.

Fannie Mae’s August 2025 National Housing Survey reveals a slight dip in consumer housing sentiment. The Home Purchase Sentiment Index (HPSI) decreased marginally, both month-over-month and year-over-year, indicating a slow cooling of housing market optimism. Persistent inflation, fluctuating mortgage rates, and affordability challenges are cited as factors weighing on consumer sentiment. The rise of AI-powered real estate tools, while enhancing transparency, also highlights the financial realities of homeownership. The HPSI is closely monitored as a leading indicator of future housing market activity.

Society Pass (SOPA) announced it has regained compliance with Nasdaq listing standards, specifically Rule 5550(b)(2), by meeting the minimum stockholders’ equity requirement of $2.5 million. Nasdaq confirmed the compliance on September 2, 2025. Maintaining its Nasdaq listing is crucial for SOPA, a Southeast Asian investment firm, as it allows continued access to capital markets and enhances its visibility among investors in the competitive tech landscape. This follows previous scrutiny regarding its listing status.

Medical Care Technologies Inc. (MDCE) CEO Marshall Perkins surrendered 680 million shares, decreasing the outstanding share count. While the authorized share count remains at 8 billion, this action signals commitment to shareholder value. MDCE focuses on AI healthcare and sports authentication through subsidiaries, targeting the trillion-dollar global healthcare market with its AI health diagnostics platform. The move aims to strengthen the company’s financial foundation and enable continued growth.

Planet Labs PBC (PL) reported record Q2 revenue of $73.4M, a 20% YoY increase, and a 516% YoY increase in RPOs to $690.1M. Backlog grew 245% YoY to $736.1M. The company generated $85.1M in year-to-date net cash from operating activities and $54.3M in positive free cash flow. Planet launched two high-resolution Pelican satellites and secured key contracts with the U.S. DoD, NATO, and the German government. They ended the quarter strong with revenue growth, positive EBITDA, and $271.5M in cash, cash equivalents, and short-term investments.

Focus Graphite (FCSMF) Chairman Jeff York converted C$200,000 of his personal loan into company equity, representing 571,428 shares. This conversion is part of an initiative to eliminate York’s total loan of C$1,535,000 and improve the company’s financial standing. To adhere to TSX Venture Exchange regulations, York sold 488,000 shares. The company intends to continue converting debt to equity strategically to protect shareholder value and propel the advancement of the Lac Knife and Lac Tetepisca graphite projects.