Nasdaq

Soren Acquisition Corp. has priced its initial public offering at $220 million, offering 22 million units at $10.00 each on Nasdaq under the ticker SORNU. The SPAC aims to merge with a company in the healthcare sector, leveraging experienced management. Each unit includes one Class A ordinary share and one-third of a redeemable warrant. BTIG, LLC is the sole book-running manager for the offering.

Integrated Media Technology Limited (IMTE) has received a new delisting determination letter from Nasdaq due to its failure to file a second-quarter interim financial report. This adds to previous non-compliance issues with its annual filing. IMTE was previously granted an extension until January 30, 2026, to demonstrate compliance. The company plans to submit a defense for the new deficiency by January 9, 2026.

Sinovac Biotech Ltd. received a Nasdaq notification for non-compliance with listing rules due to delayed financial filings. This adds to a previous delisting determination, with a hearing scheduled for January 8, 2026. The company is preparing to present its plan to rectify the issue and maintain its Nasdaq listing.

Intelligent Living Application Group Inc. (ILAG) shareholders approved a share consolidation to boost its stock price and maintain its Nasdaq listing. A 1-for-10 reverse stock split, effective December 30, 2025, will reduce the number of outstanding shares. This move is crucial for complying with Nasdaq’s minimum bid price rule, ensuring continued market participation for the Hong Kong-based lockset manufacturer.

TNL Mediagene has secured continued listing on The Nasdaq Capital Market, contingent on meeting bid price requirements by January 7, 2026, following a successful appeal. This Asia-focused digital media conglomerate, formed from a merger of The News Lens and Mediagene Inc., offers diverse content and AI-driven advertising services. The company is implementing a reverse stock split to comply with Nasdaq’s $1 bid price rule.

Walmart’s Nasdaq move signifies a major tech transformation, leveraging purpose-built AI and proprietary platforms like Element. The retail giant is deploying specialized AI agents for tasks like fashion production, customer support, and supply chain optimization, demonstrating measurable ROI in data operations, efficiency, and customer experience. While addressing workforce shifts through reskilling, Walmart seeks tech company valuations, though market reception remains divided on the extent of its genuine tech-centricity versus traditional retail operations.

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.