Markets

Harvard Ave Acquisition Corporation (HAVAU) closed its $145 million IPO, offering 14,500,000 units at $10.00 each. Units, trading on Nasdaq under HAVAU since October 23, 2025, consist of Class A ordinary shares and rights, expected to list as HAVA and HAVAR, respectively. The Cayman Islands-based SPAC, managed by D. Boral Capital, will pursue a business combination. Investors should note the risks inherent in SPACs, including target selection and regulatory scrutiny.

American Riviera Bancorp (OTCQX: ARBV) reported a net income of $2.9 million ($0.51/share) for Q3 2025 and $7.9 million ($1.38/share) for the nine months ended September 30, 2025. Total deposits rose 11.3% to $1.26 billion, and total loans increased 6.7% to $1.04 billion. The net interest margin was 3.66%. While on-balance sheet liquidity remained strong and tangible book value increased, non-accrual loans notably rose to $9.8 million. The company repurchased 100,000 shares and plans expansion into Ventura County.

374Water (SCWO) seeks shareholder approval for a reverse stock split (1-for-8 to 1-for-20) at a December 15, 2025 meeting. If approved, split-adjusted trading could begin December 26, 2025. The board can abandon the split even after approval. Management cites maintaining its Nasdaq listing and improving financing options. Recent insider purchases, a Minimum Equity Ownership Policy, and $7.0M from an ATM facility extending cash runway into Q2 2026 were also noted. A Q3 2025 results call is scheduled for November 12, 2025.

Western Alliance Bank is financing the Senator Joseph M. Neal Jr. Apartments, a 192-unit affordable housing project in North Las Vegas, scheduled to open in Fall 2027. The bank’s investment includes the purchase of tax-exempt bonds and tax credit equity. The community, named after Nevada’s first Black state senator, will feature one- and two-bedroom units with amenities and prioritize senior residents. The project addresses Las Vegas’s affordable housing shortage via a partnership between public and private sectors, offering units for residents earning below the area median income, with many benefiting from HUD Section 8 assistance.

K12 (LRN) received two Silver Medals at the 2025 International Serious Play Awards for its K12 ELA Village and K12 Coordinate Islands world for Minecraft Education. These games target grades 2-5, utilizing Science of Reading principles and standards-aligned gameplay to enhance English language arts and mathematics skills. K12 ELA Village focuses on grammar and vocabulary, while Coordinate Islands teaches graphing concepts. K12 has served over 3 million students, providing interactive and engaging learning experiences.

Cleghorn Minerals (OTC:CLGMF) reduced incentive stock options granted to Adelaide Capital Markets from 100,000 to 64,800, exercisable at $0.05 per share and expiring October 10, 2030. This adjustment complies with TSX Venture Exchange regulations. The revised option number reflects a possible recalibration of the advisory relationship, adoption of a conservative approach to potential advisory fees due to the performance of Cleghorn Mineral’s stock, or failure to meet initially agreed upon milestones. The long-term expiration indicates optimism regarding Cleghorn’s development prospects.

FB Financial Corporation (FBK) declared a $0.19 per share quarterly cash dividend, payable November 25, 2025, to shareholders of record as of November 11, 2025. CEO Christopher T. Holmes cites the dividend as a reflection of the company’s strong performance and commitment to shareholder returns. The announcement arrives amid increased scrutiny of regional banks, with analysts watching key performance indicators to assess the long-term sustainability of FBK’s dividend policy in a challenging financial environment. FB Financial, with $16.2 billion in assets and 91 branches, operates in the Southeast.

CEO.CA featured Prince Silver Corp (PRNC) in its “Inside the Boardroom” series, highlighting the company’s aim to define an initial resource estimate by mid-2026. Prince Silver is targeting a potential 43+ million tonne Carbonate Replacement Deposit (CRD) silver deposit. The interview provides insights into Prince Silver’s strategy amid increasing investor interest in silver due to its precious metal and industrial applications. CEO.CA, a platform for investors in emerging markets, facilitates information sharing and connects investors with companies.

Autohome Inc. (ATHM; 2518.HK) will release its Q3 2025 financial results on November 6, 2025, before U.S. markets open. A conference call will be held at 7:00 AM ET. Analysts are focusing on the company’s performance in a changing Chinese automotive market, including the effectiveness of its AI content strategy and the success of Autohome Mall. A live and archived webcast will be available at https://ir.autohome.com.cn. Autohome is adapting to increased EV adoption and competition, striving to diversify its revenue beyond advertising.

Lake Victoria Gold reported exploration updates from Bulyanhulu Gold Mine (Barrick/Twiga owned) on six licenses acquired from LVG. Q2 2025 saw 12 RC holes drilled (1,380m) targeting the granite-greenstone contact, revealing mafic metavolcanics and alteration. LVG may receive up to US$45M in contingent payments based on future discoveries. Barrick will prioritize identified targets in Q3 2025. The drilling confirms geological continuity and validates long-standing interpretations of the belt’s potential.