Nasdaq

words.U.S. equity markets hit fresh highs as the S&P 500 and Dow Jones closed at record levels, while the Nasdaq lagged amid weakness in AI‑linked stocks. Oracle’s shares tumbled nearly 11% after a miss on revenue and rising AI‑related costs, pulling down Nvidia and Micron. Broadcom beat earnings but slipped 4.5% in after‑hours trading, citing concerns over Google’s in‑house production and memory‑price pressure. The Nasdaq fell 0.26%, prompting a shift toward defensive financials such as Visa and Mastercard. Meanwhile, Disney pledged $1 billion to OpenAI, Reddit challenged Australia’s teen‑social‑media ban, and former CIA chief David Petraeus warned that the U.S. national‑security strategy could unsettle Europe.

.ITHAX Acquisition Corp III priced its IPO at $10 per unit, raising $200 million from 20 million units. Each unit includes one Class A share and half a redeemable warrant (full warrant exercisable at $11.50). Trading begins on Nasdaq Global Market under ITHAU on Dec 12 2025. Sponsor Orestes Fintiklis, founder of Ithaca Capital Partners, will serve as CEO, CFO and chairman. The SPAC seeks a merger in asset management, leisure, hospitality, travel, entertainment, gaming or related sectors using AI and digital assets. Underwriters have a 45‑day option for up to 3 million extra units.

Top Wealth Group Holding (NASDAQ: TWG) closed a best‑efforts public offering on Dec 10, 2025, selling 720,000 units at $7.00 each and generating $5.04 million in gross proceeds. Each unit comprises one Class A share, a 5‑year Series A warrant and an 18‑month Series B warrant, all exercisable at $7.00 immediately, offering up to $10.08 million extra if fully exercised. Univest Securities acted as exclusive placement agent. Net proceeds are slated for general corporate and working‑capital needs.

Golden Matrix Group (NASDAQ: GMGI) announced that CEO Brian Goodman will step down on December 12 2025, with Chairman William Scott assuming the role of interim CEO and leading the board’s search for a permanent successor. Scott, a veteran of global gaming and regulated markets, will focus on performance, operational optimization, and value creation. The company described itself as a diversified, profitable, NASDAQ‑listed international gaming group with recurring revenue and expanding regulated‑market presence. Recent Q3 2025 results showed $47.3 million revenue and a modest net profit.

Onco‑Innovations announced it has hired a U.S. investment bank to advise on a possible Nasdaq cross‑listing and assess a concurrent equity financing. The advisory will evaluate listing requirements, regulatory and governance issues, and capital‑raising strategies. While the engagement signals interest in U.S. market access and additional capital, the company cautions that neither a listing nor financing is guaranteed and details remain under discussion.

100 words.Leapfrog Acquisition Corp priced its IPO at $10 per unit, selling 12.5 million units for $125 million in gross proceeds. The units, each containing one Class A share and half a warrant (exercise price $11.50), will begin trading on Nasdaq under the ticker “LFACU” on Dec 5 2025, with warrants later listed as “LFACW.” BTIG serves as sole book‑runner and may purchase an additional 1.875 million units under a 45‑day over‑allotment option. The SPAC targets mergers or acquisitions in the global energy supply chain and critical‑minerals sectors.

Qualigen Therapeutics (QLGN) shareholders approved a strategic shift to AIxCrypto Holdings (AIXC) by Nov 20, 2025. Faraday Future will become the majority shareholder (≈55% direct, ≈63% incl. affiliates) and nominate most board members before this date. The company approved share issuance, an equity incentive plan, and Nasdaq rule waivers. A new AI/Web3 business model and board will be revealed at the Nasdaq ceremony. This marks a transition from biotechnology into a decentralized AI technology platform.

The U.S. equity market shows a divergence, with the Dow reaching a record high driven by established industries like banking and healthcare, while the Nasdaq declined due to tech sector sensitivity. Anthropic plans a $50 billion U.S. AI infrastructure investment. Uncertainty surrounds the potential absence of U.S. jobs and inflation data. Private equity firms face challenges with underperforming “zombie companies” difficult to sell.

Westin Acquisition Corp (WSTN) priced its $50 million IPO of 5,000,000 units at $10.00 per unit, each containing one Class A share and a right to 1/6 of a share. Trading on Nasdaq under WSTNU is expected to begin November 4, 2025, with closing anticipated November 5, 2025. Underwriters have a 45-day option to purchase up to 750,000 additional units. A.G.P./Alliance Global Partners is the sole book-running manager.

Visionary Holdings Inc. received a Nasdaq notification on August 5, 2025, for non-compliance with Listing Rule 5250(c)(1) due to a delayed Form 20-F filing. Visionary submitted a compliance plan on October 6, 2025, and is working with its auditor to expedite the filing. The company is committed to Nasdaq listing. Analysts note that reporting delays can raise investor concerns, while Visionary’s tech-focused model may contribute to audit complexities. The company must address the delay to maintain investor confidence and avoid potential delisting.