Markets

Mount Logan Capital and 180 Degree Capital completed their all-stock merger, forming Mount Logan Capital Inc. (MLCI), which will trade on NASDAQ starting September 15, 2025. The deal, valued at US$122.7 million (US$9.43/share), results in Mount Logan shareholders owning 56.4% and 180 Degree Capital shareholders owning 43.6%. MLCI plans a US$15 million tender offer and up to US$10 million in repurchases over the next 24 months. The merger aims to create a stronger asset management platform with improved NASDAQ access.

LQWD Technologies announced a non-brokered private placement to raise up to C$2 million by issuing units at C$1.50 each. Each unit includes one share and a warrant exercisable at C$2.00. Proceeds will fund Bitcoin purchases for deployment on the Lightning Network to generate yield. The placement includes participation from shareholders, directors, and management, subject to TSXV approval. Shares and warrants are subject to a four-month hold period, with a potential acceleration clause if the stock price increases.

Silver X Mining (AGXPF) increased its bought deal private placement from C$10 million to C$13 million due to strong investor demand. The offering consists of 26 million units at C$0.50 each, including a common share and a half warrant. Proceeds will fund exploration and capital expenditures at the Nueva Recuperada Silver District in Peru. Underwriters, led by Red Cloud Securities, have an option to purchase additional units to raise another C$3 million. The offering is expected to close on September 29, 2025.

A Chinese court ordered a woman to publicly apologize in two WeChat groups for posting her husband’s ID and making defamatory accusations of financial misconduct. The ruling underscores that online speech is subject to legal accountability, particularly concerning defamation and reputation damage. Chinese law protects individuals from libel, and this case highlights the applicability of this law to digital interactions given WeChat’s widespread use. The case also raises questions about social media platform responsibility in moderating content and preventing online defamation.

Archer Aviation plans to participate in the White House’s eVTOL Integration Pilot Program (eIPP), collaborating with airlines like United and U.S. cities. This initiative, under the “Unleashing Drone Dominance” Executive Order, establishes pre-certification operating environments for electric air taxis. Archer aims to conduct trial operations of its Midnight aircraft, demonstrating safety, noise reduction, and scalability. The eIPP facilitates early flights, advancing commercial eVTOL deployment by addressing regulatory hurdles, infrastructure needs, and financial viability, which are important aspects for community acceptance and scalability.

M/I Homes (MHO) will release its Q3 2025 earnings before market open on October 22, 2025, followed by a webcast at 10:30 AM ET. The webcast, accessible via www.mihomes.com, will address the company’s performance amid evolving market conditions. Analysts anticipate discussion on mortgage rates, material costs, land acquisition, inventory, pricing, regional demand variations, and innovative building practices. An archived webcast will be available for later viewing.

A woman in Guangzhou has been detained after allegedly throwing a suitcase from the 43rd floor of a building, claiming it was an accident. The incident highlights the dangers and legal consequences of throwing objects from heights, a prohibited act under Chinese law. It has sparked renewed calls for increased awareness, preventative measures, and stricter building safety protocols. The case underscores the need for residents to exercise caution and for property management to promote responsible behavior in high-density urban environments, emphasizing both physical safety and ethical considerations.

YY Group (YYGH) closed a registered direct offering, raising $4.0 million. The offering included 9,523,812 Class A shares at $0.42 each, plus warrants for up to 14,285,718 additional shares at $0.50, exercisable within 3.5 years. FT Global Capital was the placement agent. Proceeds will fund working capital and general corporate activities. The offering was made under a shelf registration statement.

Senator Ron Wyden has urged the FTC to investigate Microsoft’s dominance in enterprise IT and its alleged cybersecurity negligence, arguing it endangers national security. The senator claims Microsoft prioritizes profit over security, profiting from add-on security services that should be integral. He cites outdated encryption and lax administrator account security. Wyden insists Microsoft’s market position allows complacency, creating risks for government and private sectors reliant on its Windows and Azure platforms. He seeks accountability for damages and investigation into anti-competitive practices.

AT&T is partnering with Gigs to embed mobile connectivity directly into consumer applications, streamlining service delivery. Gigs’ OS allows companies like Klarna to integrate cellular plans seamlessly into their apps, offering instant activation and AI-powered support. This shifts customer acquisition to digital storefronts within existing apps, reducing costs. AT&T gains a wider reach, while brands enhance loyalty and generate revenue. Fintech companies like OnePay and Majority have also launched plans on AT&T’s network using Gigs. The partnership aims to redefine the mobile experience and drive growth for both AT&T and technology brands.