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Mainz Biomed Prices $3.0 Million Follow-On Offering
Mainz Biomed (MYNZ) has priced a $3.0 million follow-on offering at $1.35 per unit, consisting of 2,222,222 units. Each unit includes one ordinary share (or pre-funded warrant) and one Series A warrant exercisable at $1.35, expiring in five years. Maxim Group LLC is the sole placement agent. The offering is expected to close around August 5, 2025, subject to customary conditions. The offering provides minimal capital and potential shareholder dilution.
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Foresight and Indian Drone Manufacturer Secure $5 Million Grant for Autonomous Industrial Drone Commercialization
Foresight Autonomous Holdings secured I4F approval and $5 million in funding for a joint drone development project with Big Bang Boom Solutions, commencing September 2025. The 24-month project aims to create autonomous industrial inspection drones with visible-light and thermal sensors for GPS-denied environments. Big Bang projects potential revenue of $32 million by 2031, targeting industries driving the drone inspection market, expected to reach $21.3 billion by 2027. The ruggedized drones will enhance safety and efficiency in sectors like oil & gas and mining.
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SiriusPoint Announces Q2 2025 Results: Core Combined Ratio Improves to 89.5%
SiriusPoint (SPNT) reported strong Q2 2025 results with a Core combined ratio of 89.5%, a 3.8-point year-over-year improvement. Core underwriting income soared 83% to $68 million. Net income was $59.2 million ($0.50 per diluted share), and gross premiums written grew 10%. The return on equity reached 12.7%, with an underlying ROE of 17.0%, exceeding the target range. Book value per diluted share (ex. AOCI) increased 3.2% to $15.64, and the Q2’25 BSCR estimate is 223%.
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2025 CrowdStrike Threat Hunting Report: Adversaries Weaponize AI for Large-Scale Attacks
CrowdStrike’s 2025 report reveals that adversaries are weaponizing GenAI to scale attacks, targeting AI agents and autonomous systems. DPRK-linked hackers infiltrated over 320 companies using GenAI. Cybercriminals are exploiting AI agent vulnerabilities to steal credentials and deploy malware. Cloud attacks, especially from Chinese groups, surged by 136%. The report emphasizes securing AI systems against these emerging threats as the cyber battleground evolves.
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OCI Announces $700 Million Special Cash Distribution for Q3 2025
OCI Global (OCI) will distribute $700 million ($3.31/share) to shareholders on September 5, 2025, via capital repayment and an extraordinary dividend. The ex-dividend date is August 18, 2025. Shareholders can choose to receive funds as capital repayment or dividend and can elect to receive payment in USD (default) or EUR between August 20 and September 2. The EUR conversion rate will be set on September 3. Unspecified preferences will default to capital repayment.
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Faraday Future’s YT Jia Teases “Major Breakthrough” in Bridge Strategy at Pebble Beach Announcement
Faraday Future (FFAI) shared a business update from Founder and Co-CEO YT Jia, highlighting progress and future plans. Jia emphasized blockchain integration into the US financial system and teased a major strategic upgrade on August 16th at Pebble Beach, unveiling the second chapter of FF’s “Bridge Strategy.” He cited a “Ten-Punch Combo” of transformations, the FX Super One launch with over 10,000 pre-orders, and progress in manufacturing and the FF and FX Bridge Strategy. Improvements in cash flow and a partnership with HabitTrade were also noted.
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Zepp Health Announces Second Quarter 2025 Unaudited Financial Results
Zepp Health’s Q2 2025 earnings reveal a strong rebound, with revenue surging to US$59.4 million, a 46.2% year-over-year increase, surpassing company forecasts. Losses narrowed significantly, with GAAP net loss at US$7.7 million and adjusted net loss at US$6.16 million. The company projects Q3 2025 revenue between US$72 million and US$76 million, a 70-79% year-over-year increase. Key to this growth is the Amazfit brand, driven by new products like the Balance 2 and Helio Strap, and boosted by athlete endorsements and effective marketing.
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The Eastern Company Announces 340th Consecutive Quarterly Cash Dividend
The Eastern Company (NASDAQ:EML) announced its 340th consecutive quarterly dividend of $0.11 per share, payable on September 15, 2025, to shareholders of record on August 15, 2025. This consistent dividend payment demonstrates the company’s long-standing commitment to providing regular returns and highlights its financial resilience. They specialize in engineered solutions and operate in several countries.
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Berkshire Hathaway Inc. News Release
Berkshire Hathaway Inc. (BRK.A; BRK.B) reported its Q2 and first-half 2025 results. Net earnings attributable to Berkshire shareholders were $12.37 billion for Q2 2025, compared to $30.35 billion in Q2 2024. First-half 2025 earnings were $16.97 billion, down from $43.05 billion in 2024. The results include investment gains/losses and, for the second quarter and first half of 2025, an other-than-temporary impairment of investment in Kraft Heinz. Further details are available in the company’s 10-Q filing.
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Avast Crowned Best Antivirus by Experts (August 2025)
Software Experts named Avast “Best Antivirus” for its robust threat detection, broad platform support, and comprehensive privacy features. Avast Premium Security offers proactive protection with advanced malware detection, phishing and ransomware shields, and web threat prevention. The suite includes Scam Guardian Pro, an AI-powered defense against online scams. Avast Ultimate bundles Premium Security with SecureLine VPN, AntiTrack, and Cleanup Premium, providing a holistic security, privacy, and performance solution. Avast’s technologies are certified by leading independent labs and protect over 435 million users globally.