Jam

Nepra Foods (NPRFF) received a Management Cease Trade Order (MCTO) from the BCSC due to delayed annual financial filings. The MCTO restricts the CEO and CFO from trading company securities until the filings are completed, with an extended deadline of September 29, 2025. Regular shareholders are not affected and can continue trading. The company is working to complete the filings, and will issue bi-weekly updates. The delay negatively impacts the company by restricting trading for key executives.

Nuclear Fuels Inc. shareholders approved the merger with Premier American Uranium Inc. with 95.08% support. Nuclear Fuels shareholders will receive 0.33 shares of Premier American Uranium for each share held. The deal still requires court and exchange approvals, with closing expected around August 25th. The combined entity aims to become a key player in the U.S. uranium sector, driven by growing demand for clean energy and the need for secure domestic uranium supplies. The merger will combine Nuclear Fuels’ exploration assets with Premier American Uranium’s development expertise.

Kemper Corporation (KMPR) announced a $150 million accelerated share repurchase (ASR) agreement with Goldman Sachs, part of its $550 million authorization. The insurer believes shares are undervalued and the ASR demonstrates confidence in its business. Kemper will pay Goldman Sachs $150 million on August 14, 2025, receiving an initial 2,279,203 shares. The final number depends on the volume-weighted average price of Kemper’s stock. The ASR is expected to conclude within three months. Kemper is a specialized insurer with $13 billion in assets, serving 4.7 million policies.

Gold Reserve Ltd. is embroiled in a legal battle over the sale of PDV Holding, Inc. (PDVH), parent of CITGO. After a recommendation for Gold Reserve’s subsidiary to acquire PDVH for $7.382 billion, Red Tree Investments introduced a competing bid from Amber Energy. The Special Master paused proceedings, citing unauthorized disclosure, to reassess. Gold Reserve argues the Amber Energy bid is deficient and violates bidding procedures. The Court rescheduled a status conference amid the ongoing disputes, anticipating further arguments requiring judicial resolution.

Snail, Inc. unexpectedly postponed its Q2 2025 earnings conference call, citing “scheduling conflicts.” Analysts speculate this could be due to a pending strategic partnership/acquisition or disappointing preliminary results. The postponement has negatively impacted Snail, Inc.’s stock, causing shares to dip in after-hours trading. Investors are awaiting a rescheduled date and further clarification, anticipating increased scrutiny of the Q2 results for insights into the company’s future.

Allegiant Air announced on August 13, 2025, it’s expanding its network to Atlantic City, New Jersey, adding four new routes to Florida destinations: Fort Lauderdale, St. Petersburg, Sanford and Punta Gorda. Flights begin in December 2025 and February 2026, with introductory one-way fares starting at $39. The expansion strengthens Allegiant’s leisure travel emphasis, providing affordable options for travelers. Allegiant has also extended its flight schedule through May 2026.

bioAffinity Technologies (BIAF, BIAFW) secured financing through securities purchase agreements with investors, involving the sale of Series B Convertible Preferred Stock and warrants to purchase common stock in a private placement. They also reached a warrant exercise agreement, generating $253,000. These transactions aim to raise approximately $1.2 million for working capital and general corporate purposes, supporting the development and commercialization of their CyPath® Lung test, a non-invasive early lung cancer detection method with reported 92% sensitivity. WallachBeth Capital LLC acted as placement agent.

Gauzy Ltd. (GAUZ) reported Q2 2025 revenues of $20.1M, down from $24.4M in Q2 2024, but achieved a record $42.9M purchase order backlog. The company reaffirmed its full-year revenue guidance of $130-140M with positive Adjusted EBITDA. Key developments include Cadillac CELESTIQ deliveries featuring Gauzy’s smart glass. Gross margin was 21.4%, with a net loss of $10.7M and Adjusted EBITDA of ($8.7)M. Gauzy secured $15M in debt financing and has $36.2M in total available liquidity. They are expanding into the marine sector and launching new product lines.

Qudian Inc. reported its Q2 2025 unaudited financial results, revealing a strategic shift. Revenue sharply decreased to RMB3.5 million, while net income attributable to shareholders significantly increased to RMB311.8 million. The company is winding down its last-mile delivery operations due to heightened competition, focusing on sustainable growth. Despite operating losses of RMB113.9 million, investment income surged by 392.3% to RMB440.5 million. Qudian held RMB4,029.0 million in cash and equivalents. The company continues its share repurchase program, having bought back $54.6 million worth of ADSs since June 2024.

Azincourt Energy (AZURF) has commenced exploration at its Harrier Uranium Project in Labrador, Canada. The 49,400-hectare project features numerous uranium zones with high-grade surface samples (up to 7.48% U3O8). A helicopter-supported reconnaissance program is underway, focusing on the Snegamook Uranium Deposit, which has historical drilling showing wide uranium zones. The company plans an updated NI 43-101 resource estimate for 2026. With limited drilling to date, the project holds significant discovery potential, bordering Paladin Energy’s and Atha Energy’s projects.