Nasdaq

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.

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.