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Thursday, October 29, 2026

Companies

Public company updates

Boston Omaha Completes Sale of Surety Insurance Business

Boston Omaha Corporation has finalized the sale of its General Indemnity Group to CopperPoint Insurance Company for $84 million, focusing on core operations.

Advasa Holdings' Largest Shareholder Surrenders 20% of Stock

Advasa Holdings, Inc. reports a major share surrender by its largest stockholder, reducing outstanding shares by 20%.

SS Innovations showcases telesurgery technology at conferences

SS Innovations International highlights its robotic surgical system at major conferences, marking a significant step in telesurgery advancements.

Red Rock Resorts secures $500 million in incremental loans

Red Rock Resorts, Inc. has entered into an agreement for $500 million in incremental loans to enhance financial flexibility and support corporate needs.

Phathom Pharmaceuticals faces lawsuit over VOQUEZNA exclusivity

Phathom Pharmaceuticals is challenged by BDR Pharmaceuticals in a lawsuit regarding FDA exclusivity for its drug VOQUEZNA, potentially impacting its market position.

GS Mortgage Securities Trust reports distribution failure

GS Mortgage Securities Trust 2019-GC39 reports a failure to make a required distribution to certificateholders, impacting the asset-backed securities market.

Zevia PBC secures $20 million investment from Bubble Holdings

Zevia PBC enters a $20 million investment agreement with Bubble Holdings, aiming to strengthen its financial position and support strategic growth.

GridAI Technologies Corp. board member resigns effective Oct. 19

GridAI Technologies Corp. announces the resignation of board member Manpreet Uppal, effective October 19, 2026, with no disagreements noted.

Wealthfront boosts share repurchase program to $150 million

Wealthfront Corporation increases its share repurchase program to $150 million, reflecting confidence in financial health and enhancing shareholder value.

Ares Sports raises $77 million through unregistered unit sale

Ares Sports, Media & Entertainment Opportunities LP raises $77 million from unregistered sales of limited partnership units, enhancing its capital position.

Citizens Community Bancorp reports Q3 earnings, raises dividend

Citizens Community Bancorp Inc. reports Q3 earnings of $0.56 per share and announces a 14% increase in its quarterly dividend.

Golub Capital Private Income Fund S Announces Share Sale

Golub Capital Private Income Fund S reports unregistered share sales and upcoming shareholder distributions, signaling growth potential in the investment sector.

Ares Core Infrastructure Fund sells $768.9 million in shares

Ares Core Infrastructure Fund has sold $768.9 million in common shares, reflecting strong investor interest in infrastructure investments.

Sachem Capital Corp. Holds 2026 Annual Meeting of Shareholders

Sachem Capital Corp. held its 2026 Annual Meeting, approving directors and auditors, highlighting governance in the real estate investment trust sector.

Janel Corp acquires EnCor Biotechnology for $11.96 million

Janel Corp has completed the acquisition of EnCor Biotechnology for $11.96 million, enhancing its position in the biotechnology sector.

Federal Home Loan Bank of San Francisco reports Q3 results

Federal Home Loan Bank of San Francisco announces third quarter financial results, highlighting a decrease in net income and ongoing community investments.

Tessera Defense issues shares, amends equity incentive plan

Tessera Defense & Homeland Security Inc. issues shares and amends its equity incentive plan, signaling growth and strategic employee compensation efforts.

Bank of America announces executive leadership changes

Bank of America Corp reveals key executive changes, signaling a potential shift in strategy amid evolving industry challenges.

Medicus Pharma Regains Nasdaq Compliance, Avoids Delisting

Medicus Pharma Ltd. has regained compliance with Nasdaq's minimum bid price requirement, avoiding delisting and boosting investor confidence.

Herc Holdings announces CEO succession plan effective 2027

Herc Holdings Inc. reveals Aaron Birnbaum as new CEO, succeeding Lawrence H. Silber, effective January 1, 2027, as part of a planned leadership transition.

Financialist News Desk

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