Strategic Expansion

Gauzy Ltd. (GAUZ) reported Q2 2025 revenues of $20.1M, down from $24.4M in Q2 2024, but achieved a record $42.9M purchase order backlog. The company reaffirmed its full-year revenue guidance of $130-140M with positive Adjusted EBITDA. Key developments include Cadillac CELESTIQ deliveries featuring Gauzy’s smart glass. Gross margin was 21.4%, with a net loss of $10.7M and Adjusted EBITDA of ($8.7)M. Gauzy secured $15M in debt financing and has $36.2M in total available liquidity. They are expanding into the marine sector and launching new product lines.

Evercore is expanding its European advisory business by hiring Luigi de Vecchi as senior managing director and chairman of its continental European operations, starting September 2025. De Vecchi, a veteran investment banker from Citigroup and Credit Suisse, will be based in Evercore’s new Milan office, focusing on growth across Italy and Europe. His experience is expected to strengthen Evercore’s European presence and service to clients.

Alvotech, a global biosimilar medicines developer, commenced trading on Nasdaq Stockholm on May 19, 2025, via an oversubscribed SDR offering (441,600 SDRs at SEK 87.51 each, raising SEK 39M). This triple-listing (including Nasdaq Global and Iceland) enhances liquidity and European investor access, while the pending acquisition of Xbrane Biopharma’s R&D operations in Sweden supports scientific expansion. Despite a 10% SDR price discount and added operational complexity, the move aims to strengthen Nordic presence, diversify funding sources, and capitalize on robust biotech investment interest in Europe.

AtlasClear Holdings Inc. (NYSEAM: ATCH) reported Q1 2025 results showing core operational growth, including a 260% quarter-over-quarter increase in Wilson-Davis’ standalone non-GAAP net income. The company reduced debt by $14.8 million while building its fintech infrastructure through strategic mergers like Commercial Bancorp. Executives highlighted undervalued capital positioning at 36% of brokerage net capital and the transformative potential of integrating prime banking services with trading technology. Despite warnings about integration challenges and regulatory risks, leadership projects a capital story redefinition through synergies between correspondent broker-dealer Wilson-Davis (since 1968) and Farmers State Bank (established 1915), merging blue-chip expertise with modern fintech agility under its unified cloud platform.