Markets

Spyre Therapeutics (SYRE) announced the pricing of its public offering of 14,864,865 shares at $18.50 per share, projecting $275.0 million in gross proceeds. Underwriters have a 30-day option to purchase an additional 2,229,729 shares. The offering is expected to close around October 15, 2025, pending customary conditions. Funds will support research and development of antibody therapies for IBD and other immune-mediated conditions. Jefferies, TD Securities, Leerink Partners, and Stifel acted as joint book-running managers.

Harmonic (NASDAQ: HLIT) will release its Q3 2025 financial results on November 3, 2025, after market close. A live webcast discussing the results will follow at 2:00 p.m. PT, accessible via Harmonic’s investor relations website. A replay will be available shortly after. Harmonic, a leader in virtualized broadband and video delivery solutions, caters to media companies and service providers optimizing content delivery. The company’s performance is seen as an indicator of the video streaming and broadband infrastructure market’s health.

Group 1 Automotive, Inc. (NYSE: GPI) will release its Q3 2025 financial results on October 28, 2025, before market open. A conference call, hosted by CEO Daryl Kenningham and senior management, will be held at 9:00 a.m. ET to discuss the results and answer questions. The automotive retailer’s performance is being closely watched amid industry challenges. A live webcast and presentation will be available, with a replay accessible for 30 days. Dial-in details for the live call and a subsequent telephonic replay are provided. Group 1 operates 259 dealerships in the U.S. and U.K.

Healthcare Triangle (HCTI) unveiled a strategy to reshape its scale and capital, including acquiring Teyame.AI, a $34M revenue platform which doubles HCTI’s market cap. HCTI is marketing its QuantumNexis GenAI SaaS and exploring acquisitions like Niyama and Ezovion. A warrant inducement program lowered warrant strike prices to $2.00 and issued new warrants at $3.00. HCTI’s stock traded at $2.84 on October 13, 2025, up over 31% since September, driven by its strategic move to AI-driven patient engagement and data solutions.

Mundoro Capital granted BHP a 10-year option to acquire 100% of seven Central Timok Project exploration licenses in Serbia. BHP will fund up to US$35M in exploration and milestone payments, potentially totaling ~US$48.54M. Mundoro retains a 2% NSR royalty and will initially operate the 418 km2 project, encompassing targets like Skorusa and Tilva Rosh. The deal allows Mundoro to leverage BHP’s resources while maintaining a key royalty stake in a prospective copper region.

Roadzen (RDZN) will participate in the Maxim Growth Summit (Oct 22-23) and ThinkEquity Conference (Oct 30) in New York City. CEO Rohan Malhotra will discuss AI applications, DrivebuddyAI adoption, global scaling, margin expansion, and Roadzen’s driving intelligence network. The company aims to highlight recent accomplishments and technological progress. Investors can arrange meetings through Maxim or ThinkEquity representatives. Roadzen focuses on AI-powered auto insurance solutions.

Cloudflare is enhancing its PowerUP Partner Program with new solution bundles aimed at simplifying security and application management for partners. These bundles offer a holistic security approach and address the growing need for consolidated solutions in complex digital environments. The revamp includes discounts for partners based on program level and solutions offered, focusing on reducing complexity, mitigating cyber risks, and controlling costs. Strategic partnerships with IBM, Kyndryl, and Rakuten Mobile are also highlighted.

Beyond Meat announced the early tender results of its exchange offer for its 0% Convertible Senior Notes due 2027. As of October 10, 2025, $1,114,603,000 in notes were tendered, representing 96.92% of the outstanding principal. The company will proceed with early settlement on October 15, 2025, issuing new 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 and shares of common stock. The exchange offer aims to reduce leverage and extend debt maturity. Certain new shares will be subject to trading restrictions until October 16, 2025.

A joint report by InterDigital and ABI Research highlights 3GPP Release 20 as a critical bridge between 5G-Advanced and 6G. Release 20 solidifies 5G while initiating 6G research in areas like AI-native networks, Integrated Sensing and Communication (ISAC), and Non-Terrestrial Networks (NTN). Key focuses include improved energy efficiency, satellite integration, and enabling new services like holographic XR and sensing-driven IoT. The report, “The Bridge to 6G: Spotlight on 3GPP Release 20,” is available via InterDigital and ABI Research.

Broadridge’s Distributed Ledger Repo (DLR) platform experienced significant growth in September 2025, with a 650% year-over-year increase in average daily repo transactions to $339 billion. This surge highlights the accelerated adoption of tokenized real-asset settlement within repo markets. The DLR platform utilizes distributed ledger technology to streamline repurchase agreements, reduce counterparty risk, and free up collateral. Experts cite regulatory clarity, capital optimization pressures, and the desire for new liquidity as drivers of this trend. Broadridge is positioned to capitalize on the continued convergence of traditional and digital finance.