Financial markets
The Securities and Exchange Commission (SEC) has issued warnings to companies and individuals offering unlicensed investment advice on social media channels, warning them to curb market manipulation. According to Tushara Jayaratne, Deputy Director General of the SEC, no one can give investment advice unless they are a registered investment advisor
Financial markets
Texxon Holding Limited, a leading provider of supply chain management services in the plastics and chemical industries in East China, announced the closing of its Initial Public Offering (IPO) on October 23, 2025. The company issued 1,900,000 ordinary shares at a public offering price of US$5.00
Financial markets
DBV Technologies, a clinical-stage biopharmaceutical company, will participate in the American College of Allergy, Asthma & Immunology (ACAAI) 2025 Annual Scientific Meeting. The Company will host a Product Theater titled "Harnessing Immune Plasticity to Alter the Path of Food Allergy," featuring a panel of renowned allergists discussing immunological
Financial markets
The brewing regulatory overlap between the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) is raising concerns across the financial markets. The CBN's plan to expand its influence over fixed-income trading and market infrastructure risks destabilizing confidence and undermining statutory mandates set out in
Financial markets
DBV Technologies, a clinical-stage biopharmaceutical company, reported financial results for the third quarter of 2025, highlighting a significant increase in research and development expenses. The company's unaudited financial statements show a cash and cash equivalents balance of $69.8 million as of September 30, 2025, with a net
Institutional investments
SELLAS Life Sciences Group, a late-stage clinical biopharmaceutical company, has announced the immediate exercise of warrants to purchase up to 22,363,714 shares of its common stock. This move is expected to bring in approximately $31.0 million in gross cash proceeds. The company has also announced the issuance
Securities law
City Office REIT, Inc. (CIO) held a special meeting of stockholders on October 16, 2025, to vote on proposals related to the Agreement and Plan of Merger (the "Merger Agreement") with MCME Carell Holdings, LP, and MCME Carell Merger Sub, LLC. The meeting was attended by approximately 65.
Securities law
Jefferies Financial Group Inc., a leading financial institution, has filed a Current Report on Form 8-K with the U.S. Securities and Exchange Commission on October 17, 2025. The filing reports on the company's 2025 Investor Meeting, which took place on October 16, 2025. The meeting's
Securities law
Huntington Bancshares Incorporated, a leading regional bank holding company, released its earnings report for the quarter ended September 30, 2025, announcing a strong financial performance. The company posted a net income of $255.6 million, representing a year-over-year increase of 12.5%. Huntington's earnings per share came in
Securities law
SEC Chair Paul Atkins identified a decline in listed companies and proposed a three-part agenda to revitalize US public markets. He emphasized the need to simplify disclosure requirements, de-politicize shareholder meetings, and reform securities litigation to make the US a more attractive place for companies to list. Chair Atkins focused
Stock exchanges
On October 10, 2025, Argent Trust Company, the trustee of the Permian Basin Royalty Trust, received a request from SoftVest Advisors, LLC, and other unit holders owning more than 15% of the outstanding units, to call a special meeting to be held on December 16, 2025. The purpose of the
Stock exchanges
The separation plan between DuPont and Qnity Electronics, Inc. has taken a significant step forward, as the latter announced completion of the asset separation on October 15, 2025. DuPont's board of directors has authorized the separation, which involves distributing shares of Qnity common stock to DuPont's
