Since our last update, we’ve added the following to the ListingTrack database:

📈 20 new companies, bringing our database to 10,460 companies
🔍 17 new events tracked, including mergers, activist campaigns, and short reports—now totaling over 2,200 market-moving events

IPO/ Listing Action

Past week

See more: Latest Listings

Upcoming IPO News (Filed)

• CoreWeave (CRWV) launched its IPO roadshow and published an IPO investor presentation on Retail Roadshow. CRWV is looking to raise between $2.3 billion and $2.7 billion by selling 49 million shares (47.2 million offered by CRWV and 1.8 million by selling shareholders) at $47-55 per share. At the pricing midpoint, the market cap at IPO would be around $24.1 billion. Per the presentation, the IPO is expected to price on Thurs, Mar 27, and begin trading on NASDAQ on Mar 28. Lead underwriters: Morgan Stanley, JPMorgan, and Goldman Sachs. — Retail Roadshow

• StubHub Holdings (STUB) filed for an IPO, reporting $1.77 billion in revenue and a $2.8 million net loss for 2024, compared to $1.37 billion in revenue and $405 million net income in 2023. Adjusted EBITDA for 2024 was $299 million, down from 2023 but significantly improved from a $57 million loss in 2022. The company has not yet disclosed the size or price range of the offering. — Bloomberg

See more: Upcoming Listings

Listing Plans and Rumors

See more: Listing Plans & Rumors

IPOs

• Swedish autonomous trucking startup Einride is exploring a US IPO later this year, targeting a valuation above $5 billion, according to sources. The company, backed by EQT and Capital Group, is also seeking to raise at least $200 million in a pre-IPO round to capitalize on demand for AI-driven transportation. Einride reported $43 million in 2024 revenue and has an $830 million order book. The IPO, tentatively planned for autumn 2025, follows the US listing trend of Swedish firms like Spotify and Klarna. Bankers are pitching a valuation between $3 billion and $5 billion, a significant increase from its prior $1.1 billion valuation. — FT

Spinoffs

• VivoPower International (VVPR) announced plans to spin off its subsidiary Caret LLC (Caret Digital) via a direct listing on Nasdaq, abandoning prior plans for a reverse merger. The spin-off aims to reduce costs, streamline execution, and facilitate the distribution of dividend shares to existing shareholders—5 Caret shares for each VivoPower share held as of a future record date. Caret Digital is targeting an implied market cap of $250 million (subject to market conditions) and plans to raise $10 million from strategic investors. The newly listed entity will focus on cryptocurrency mining, primarily Dogecoin (DOGE), converting mined DOGE into Bitcoin (BTC) to capture discounted BTC exposure and enhance yield strategies. — PR

SPACs and Other Reverse Mergers

• Eyenovia (EYEN), an ophthalmic technology company, has signed a non-binding letter of intent (LOI) for a reverse merger with Betaliq, Inc., a clinical-stage pharmaceutical company focused on glaucoma treatments. The proposed transaction values Betaliq at approximately $77 million and Eyenovia at $15 million, assuming zero cash at closing. Under the deal, Betaliq equity holders would own 83.7% of the combined company, while Eyenovia shareholders would hold 16.3% on a fully diluted basis. — PR

• Vincerx Pharma (VINC) has signed a non-binding LOI to merge with QumulusAI, a privately-held AI computing infrastructure company, through a reverse triangular merger. QumulusAI stockholders would own 95% of the combined company, while Vincerx holders would retain 5%. The proposed transaction values QumulusAI at $285 million and Vincerx at $15 million, assuming zero net cash at closing. The deal also includes a provision for QumulusAI or its designees to invest up to $1.5 million in Vincerx equity before closing. — PR / Deal Page

IPO Candidates

See more: IPO Candidates

Series C+ and Prominent Fundraising

Cloud

• Nerdio has secured a $500 million minority investment from General Atlantic, with participation from Lead Edge Capital and StepStone. The investment values the company at over $1 billion, quadrupling its valuation in two years. Nerdio provides an automated End-User Computing (EUC) platform that simplifies the deployment and management of Microsoft cloud technologies. — PR

AI / Robotics

• Apptronik, a developer of AI-powered humanoid robotics, closed an oversubscribed $403 million Series A, adding $53 million to the previously announced $350 million round. The round was led by B Capital and Capital Factory, with participation from Google, Mercedes-Benz, Japan Post Capital, ARK Invest, Helium-3, Magnetar, and Korea Investment Partners, among others. The funding will support the production and deployment of its humanoid robot, Apollo, to meet demand across automotive, electronics manufacturing, logistics, and consumer packaged goods industries. — PR

• Perplexity AI is in early discussions to raise between $500 million and $1 billion in new funding at a potential $18 billion post-money valuation, according to a source cited by CNBC. The round would double the company’s prior valuation and comes as Perplexity approaches $100 million in annual recurring revenue (ARR). The talks are ongoing and confidential. — CNBC

Crypto / Fintech / Insurtech

• Latin American fintech Ualá raised an additional $66 million in a second close of its Series E round, bringing the total round to $366 million. The latest funding included TelevisaUnivision and follows a first close led by Allianz X, with participation from Stone Ridge Holdings, Pershing Square Foundation, and Alan Howard. Ualá, previously valued at $2.75 billion, will use the proceeds to scale operations across Latin America, with an emphasis on growth in Mexico. — Bloomberg

Media/ Consumer

• X (formerly Twitter) Updates:

  • Elon Musk invested $150 million to acquire additional shares in X in 2024, maintaining a valuation close to his original 2022 purchase price. According to Kingdom Holding Co.'s 2024 annual report, Musk has expressed willingness to buy more minority stakes at the same valuation. As of Dec. 31, 2024, Kingdom valued its investment in X at 985 million riyals ($262.7 million), implying a net valuation of approximately $29.2 billion for X. The company continues to carry $13 billion in debt from Musk’s original $44 billion acquisition in 2022. — Bloomberg

  • X has raised nearly $1 billion in new equity at a $32 billion valuation, with Musk himself participating along with Darsana Capital Partners and 1789 Capital. This brings the enterprise value back to ~$44 billion, matching Musk’s 2022 buyout valuation when including the $12.5 billion debt load. — Bloomberg

  • The company is also planning a $2 billion primary round to help pay down over $1 billion in junior debt. X’s valuation had previously dropped below $10 billion but has recovered following cost-cutting and strategic moves. In 2024, X reported $1.2 billion in adjusted EBITDA, despite revenue declines since Musk's acquisition. A 25% stake in Musk’s AI startup xAI (valued at $45B) was transferred to X investors, improving lender confidence. Key investors include Andreessen Horowitz, Sequoia, Fidelity, 8VC, Goanna, Darsana Capital, and 1789 Capital. — FT

• GrubMarket, an AI-powered food supply chain technology company, raised $50 million in a Series G round at a $3.5 billion valuation. Investors included Liberty Street Funds, 3Spoke Capital, ROC Venture Group, Portfolia, Pegasus Tech Ventures, Joseph Stone Capital, and others. The company reported over $2 billion in revenue in 2024. — PR

Healthcare

• Proscia, a software company focused on AI-driven digital pathology, raised $50 million, bringing its total funding to $130 million. The raise follows a year of strong growth in 2024, with the company now serving 16 of the top 20 pharmaceutical firms and expecting over 22,000 patient diagnoses per day via its Concentriq software platform. The funds will support continued expansion and product development. — PR

Prominent Private/ IPO Candidate News

• Following its March 12 bankruptcy filing, Swedish EV battery maker Northvolt is continuing limited operations as its court-appointed trustee negotiates with potential buyers. The trustee, Mikael Kubu of Ackordscentralen, stated that maintaining some operations will likely be crucial for enabling a full or partial sale of the business. Northvolt, once seen as Europe's leading rival to Chinese battery manufacturers, faces one of Sweden's largest corporate failures. The trustee noted progress in discussions and expressed optimism about selling the company as a functioning battery cell producer. — Reuters

• Elon Musk was served a civil summons on March 14 at SpaceX’s Texas headquarters in connection with the SEC’s lawsuit alleging he violated securities laws by delaying disclosure of his 5% stake in Twitter in 2022. The SEC claims Musk missed the 10-day disclosure deadline by 11 days, breaching federal rules. The filing indicates Musk’s response is due by April 4. The suit stems from Musk’s acquisition of Twitter (now X), which he eventually bought outright. — Reuters

Theme Pages

Our Theme Pages are highly curated datasets, providing a detailed, categorized view of key industries and emerging market trends. Each page tracks public stock performance, active and closed mergers, news, upcoming IPOs, and prominent or Series C+ private companies. With dedicated pages for industries like AI, Nuclear, New Space, New Age Defense, and Logistics, we will continuously expand our coverage, adding new high-impact industries as market trends evolve.

Merger Announcements

• QXO, Inc. (QXO) and Beacon Roofing Supply, Inc. (BECN) have entered into a definitive merger agreement under which QXO will acquire Beacon for $124.35 per share in cash, valuing the roofing and exterior products distributor at $11 billion, including debt. The deal has been unanimously approved by both boards and is expected to close by the end of April, pending a majority of Beacon shares tendered and other customary closing conditions. QXO has secured $5 billion in cash and financing commitments and has obtained antitrust clearance in the U.S. and Canada. As part of the deal, QXO has withdrawn its director nominations, and Beacon has exempted the tender offer from its shareholder rights plan. Additionally, QXO has secured $830 million in private placement financing, contingent on the completion of the Beacon acquisition. The tender offer has been extended until March 31, 2025 to reflect the new merger terms. — PR / Deal Page

• The Doctors Company, the largest physician-owned medical malpractice insurer, has agreed to acquire ProAssurance Corporation (PRA) for $25.00 per share in cash, valuing the company at $1.3 billion. The price represents a 60% premium to ProAssurance’s closing share price on March 18, 2025. ProAssurance specializes in medical liability, products liability for medical technology and life sciences, and workers’ compensation insurance. The transaction is expected to close in the first half of 2026. — PR / Deal Page

• Paratek Pharmaceuticals has entered into a definitive agreement to acquire Optinose, Inc. (OPTN), including its approved product XHANCE, in a deal valued at up to $330 million. Shareholders will receive $9 per share in cash and up to $5 per share in contingent value rights (CVRs) based on net sales milestones. The CVRs include $1 per share if XHANCE reaches $150M in net sales in any calendar year before December 31, 2028, and $4 per share if sales reach $225M before December 31, 2029. The upfront price of $9 per share represents a 50% premium to Optinose’s March 19, 2025 closing price. The deal is expected to close by mid-2025. — PR / Deal Page

See more: Active M&A

Closings

• Silver Lake's $27.50 per share all-cash acquisition of Endeavor Group Holdings (EDR) is expected to close on March 24.

See more: Closed M&A

Live Deal Coverage and Updates

• Vacasa’s (VCSA) board has accepted an increased takeover offer from Casago at $5.30 per share in cash, amending their previously announced definitive merger agreement. Casago also agreed to remove price adjustment provisions that could have reduced merger consideration based on Vacasa’s liquidity or units under management. Meanwhile, the board's Special Committee rejected a competing $5.75 per share offer from Davidson Kempner, determining that it was not a “Superior Proposal” after reviewing all revisions. The acquisition will take Vacasa private as part of Casago’s expansion in vacation rental management. — PR / Deal Page

• The Trump administration has requested a 21-day extension in the lawsuit filed by U.S. Steel (X) and Nippon Steel against the Committee on Foreign Investment in the U.S. (CFIUS), signaling a potential shift in stance on the previously blocked merger. The lawsuit challenges CFIUS’s recommendation to reject the merger on national security grounds. The motion also seeks to reschedule oral arguments from April 24 to the week of May 12, indicating that the administration may be working toward a resolution that allows the deal to proceed. — Reuters / Deal Page

• Hyatt Hotels (H) issued $1 billion in bonds to fund its pending $2.6 billion acquisition of Playa Hotels & Resorts (PLYA). The issuance includes $500 million each in three-year and seven-year fixed-rate bonds, priced at 1.05% and 1.55% above U.S. Treasury yields, respectively. The bond sale supports Hyatt’s strategy to expand its all-inclusive resort portfolio in the Caribbean. — Bloomberg / Deal Page

• Shares of Capital One (COF) and Discover Financial (DFS) declined amid reports that U.S. Department of Justice staff have concerns about the $35 billion merger. Discover fell 12.5%, its steepest drop since July 2023, while Capital One dropped 7%. The concerns reportedly center around potential competitive harm. Capital One reaffirmed its belief that the deal is “well-positioned to gain approval”. — Bloomberg / Deal Page

• Stefano Pessina, Walgreens' (WBA) executive chair and largest shareholder, will nearly double his stake to 30% as part of Walgreens' $10 billion acquisition by Sycamore Partners. Pessina, who currently holds a 17% stake, will contribute additional capital to support the buyout. The deal marks a major private equity acquisition in the U.S. pharmacy sector. — Reuters / Deal Page

• QXO (QXO) has secured an $830 million private placement financing, contingent on the completion of its all-cash tender offer for Beacon Roofing Supply (BECN). In the private placement, QXO will sell approximately 67.5 million shares at $12.30 per share to a mix of existing and new institutional investors. — PR

Potential M&A News

Talks / Offers

• Guess? (GES) has received a non-binding acquisition proposal from WHP Global to acquire all outstanding shares of Guess? at $13.00 per share in cash, excluding shares held by major shareholders Paul Marciano, Maurice Marciano, and Carlos Alberini, who are expected to roll over their stakes. The proposal is expected to be financed through a mix of equity, third-party debt financing, and shareholder rollovers. Guess? has formed a Special Committee of independent directors to review the offer with outside financial and legal advisors. This follows Guess?’s April 2024 partnership with WHP Global in acquiring rag & bone's intellectual property and operating assets. — PR / Deal Page

• Clearlake Capital is in advanced talks to acquire Dun & Bradstreet (DNB) for approximately $9 per share, valuing the company at around $4 billion in equity value and $7.24 billion including debt. A deal could be announced as early as next week. The proposed agreement is expected to include a go-shop period, allowing Dun & Bradstreet to solicit competing bids. The 182-year-old data and analytics firm has also drawn interest from Veritas Capital and other private equity firms. — Bloomberg / Deal Page

• A group led by DigitalBridge (DBRG) and Crestview Partners is in advanced talks to acquire WideOpenWest (WOW), aiming to take the broadband and cable provider private after a year-long effort. While final terms are still under negotiation, a deal could materialize in the coming weeks, barring any setbacks. In May 2024, the consortium offered approximately $406 million, representing a 32% premium over the then-share price. Crestview already owns a 37% stake in WideOpenWest. Shares were trading near the previous offer price at $4.85 on Friday. — Reuters / Deal Page

• Grab Holdings (GRAB) is now conducting due diligence as it moves forward with its potential acquisition of its Indonesian rival, GoTo Group. — Bloomberg

• KKR is in discussions to acquire TXNM Energy (TXNM), the largest utility owner in New Mexico. TXNM has been working with an adviser to evaluate a potential sale following takeover interest from multiple parties. Talks are ongoing, and no final decision has been made. — Bloomberg / Deal Page

• The Hoffmann Family of Companies has expressed interest in acquiring Lee Enterprises (LEE), following a six-month period of accumulating a just under 10% stake in the media company. In a letter sent Thursday, founder David Hoffmann proposed initiating discussions for a potential acquisition. Lee Enterprises, which owns newspapers across 25 U.S. states, including the St. Louis Post-Dispatch and Richmond Times-Dispatch, responded that it would evaluate a formal proposal if one is submitted. Hoffmann characterized the dialogue to date as friendly but has yet to receive a reply to the latest letter and has not disclosed a proposed acquisition price. — WSJ / Deal Page

• Shah Capital Management has submitted a non-binding proposal to acquire all outstanding shares of Emeren Group (SOL) it does not already own for $2.00 per share in cash. Shah Capital stated it is only interested in this transaction and does not intend to sell its stake in another deal. The proposal is not subject to a financing condition, as Shah Capital intends to fund the acquisition using personal cash resources. — SF / Deal Page

Strategic Alternatives

• Servotronics (SVT), a manufacturer of servo-control components and advanced technology products, announced that its Board of Directors has launched a strategic review to explore potential options, which may include capital investments, a sale of the company, or maintaining its current trajectory. — PR / Deal Page

See more: Potential M&A

Prominent Private Deals (private targets)

Announcements

• Google (GOOG) has agreed to acquire Wiz, Inc. for $32 billion in an all-cash deal. The New York-based cloud security platform will become part of Google Cloud upon closing, subject to customary adjustments and regulatory approvals. This is the largest Google acquisition to date. — PR / Deal Page

• SoftBank Group (OTC: SFTBY) announced it will acquire Ampere Computing, a U.S. chip startup specializing in data center CPUs based on Arm architecture, for $6.5 billion in cash. Ampere, founded by a former Intel president, provides chips used by cloud infrastructure providers like Oracle (ORCL). — PR / Deal Page

• PepsiCo (PEP) has entered into a definitive agreement to acquire poppi, a prebiotic soda brand, for $1.95 billion, including $300 million in anticipated cash tax benefits, resulting in a net purchase price of $1.65 billion. The deal also includes a potential earnout consideration contingent on performance milestones. Centerview Partners is serving as lead financial advisor to PepsiCo, with J.P. Morgan also advising on the transaction. — Bloomberg

• Crypto exchange Kraken announced it is acquiring NinjaTrader, a U.S.-registered retail futures trading platform, for $1.5 billion, enabling Kraken to enter the U.S. crypto futures and derivatives market. NinjaTrader, founded in 2003 with nearly 2 million users, will operate independently post-transaction. Kraken plans to leverage its global licenses in the UK, EU, and Australia to expand NinjaTrader’s international footprint. — Bloomberg / Deal Page

• A consortium led by Bill Chisholm, co-founder of STG Partners, has agreed to acquire the Boston Celtics for $6.1 billion, marking the largest NBA and overall sports franchise sale to date. The group includes Sixth Street (contributing over $1B), Bruce A. Beal Jr. of Related Cos., and Rob Hale of Granite Telecommunications. Current governor Wyc Grousbeck will retain his role through the 2027–28 NBA season. The team was previously acquired in 2002 for $360 million by Grousbeck and Bain Capital’s Stephen Pagliuca. — Bloomberg

Potential Deals

• U.S. Vice President JD Vance expects a resolution on TikTok's ownership by the April 5 deadline, as the Biden-era law requiring ByteDance to sell or face a ban remains in effect. President Trump previously delayed enforcement of the law by 75 days after taking office on January 20. Negotiations continue as stakeholders seek a deal to address national security concerns. — Reuters

• CVC Capital Partners has expressed interest in acquiring Fortress Investment Group, currently owned by Abu Dhabi’s Mubadala Investment Co. and Fortress employees, who hold a 32% stake. While talks have been held, they are not currently active. CVC explored partial ownership alongside Mubadala retaining a stake. Fortress manages approximately $49 billion in assets. — Bloomberg

AI Coverage

• Chipmakers, AI firms, cloud providers, and energy companies are ramping up hundreds of billions of dollars in infrastructure investment. Key developments include Nvidia and xAI joining the AI Infrastructure Partnership as partners in its fund, which now includes Microsoft, BlackRock, and UAE-based MGX. The fund was originally launched with $30B and could scale up to $100B. Separately, Nvidia CEO Jensen Huang told the Financial Times the company plans to manufacture several hundred billion dollars worth of electronics in the U.S. over four years. ADQ and Energy Capital Partners are also investing $25B+ into energy infrastructure to support data centers. These announcements follow the Stargate initiative, a $100B data center push led by OpenAI, Oracle, SoftBank, and MGX, publicly backed by President Trump. The surge is driven by AI euphoria and geopolitical risk tied to the fragile semiconductor supply chain, with heavy reliance on Nvidia, TSMC, and ASML—all of which could be disrupted by a conflict involving Taiwan or a natural disaster. — Axios

New Space Coverage

• NASA astronauts Barry Wilmore and Sunita Williams, along with two other crew members, returned to Earth aboard a SpaceX capsule after an extended stay on the International Space Station (ISS). Their mission was initially planned for a one-week stay to test Boeing's Starliner spacecraft, but propulsion issues led NASA to scrap Starliner’s crewed return flight, instead incorporating Wilmore and Williams into ISS operations. The Starliner capsule returned empty in September 2024, while Wilmore and Williams remained on the station with NASA astronaut Nick Hague and Russian cosmonaut Aleksandr Gorbunov. Their return was made possible after a new crew arrived via SpaceX on Sunday, clearing the way for their safe return aboard another SpaceX vehicle. The astronauts will now undergo medical evaluations at NASA’s Johnson Space Center in Houston. — WSJ

See more: Themes

Activism, Investor Disputes & Shorts

Activism

• Starboard Value, which holds a $500 million stake in Autodesk (ADSK), has launched a boardroom battle, nominating a minority slate of directors for the 2025 annual meeting. The activist investor is pressuring the company to increase its adjusted operating margin target to 45% by fiscal 2028, significantly above Autodesk’s 36%-37% forecast for fiscal 2026. Autodesk responded that it had invited Starboard to participate in its director selection process, but Starboard declined. — Reuters

• Activist investor Follow This is urging shareholders to vote against the reappointment of BP (BP) Chair Helge Lund at the company’s April 17 AGM, citing governance failures tied to BP’s recent strategic overhaul. In February, CEO Murray Auchincloss scrapped key energy transition targets, including a planned 40% reduction in oil and gas output by 2030, without offering shareholders a vote. Follow This argues this move bypasses investor input and sets a dangerous precedent. BP has defended its position, stating most shareholders have not requested a vote. The backlash comes amid broader shareholder discontent: a coalition of investors managing £5 trillion sent a letter demanding a vote, and Elliott Management has quietly built a ~5% stake, adding pressure. While BP’s share price has risen 88% in five years, it lags rivals like Exxon (+246%) and Shell (+168%), compounding frustration over the company’s strategic direction. — Reuters

• Edward and Ludmila Smolyansky, who collectively own over 4.1 million shares of Lifeway Foods (LWAY), have launched a proxy campaign to replace the company's board of directors. The move follows concerns over governance, including an $8.5 million compensation package for CEO Julie Smolyansky—representing over 94% of 2024 net income—and allegations of fiduciary breach tied to a recent lawsuit filed by Danone, Lifeway's largest unaffiliated shareholder. Danone had previously offered to acquire Lifeway for $27/share, a 72% premium, but the board rejected the bid. The Smolyanskys’ proposed board slate includes Edward and Ludmila, as well as former director George Sent, and seeks to evaluate strategic alternatives to maximize shareholder value. — PR

• Zentree Investments filed a Schedule 13D disclosing a 13.0% stake in 23andMe (ME) Class A stock. The filing includes a public appeal advocating against a potentially undervalued sale of the company, calling for prudent cost management and equal rights for Class A and Class B shareholders. Zentree is pushing for better alignment between management and all investors and aims to ensure minority shareholder interests are respected during any strategic decision-making. — SF

• Activist investor Engine Capital, which owns 9.8% of Civeo Corporation (CVEO), has urged the company’s board to pursue a series of aggressive steps to unlock shareholder value, citing persistent undervaluation despite solid fundamentals. In a detailed letter, Engine proposed eliminating the dividend, increasing leverage to fund a $87.5 million share repurchase via Dutch tender, committing future free cash flow to additional buybacks, and abandoning M&A activity. The firm also called for cost-cutting measures—including potentially closing the Houston HQ—and ultimately launching a strategic review for a potential sale. — SF

• Findell Capital Management, which owns 9.1% of Oportun Financial (OPRT), has launched a proxy contest to replace its CEO and Lead Director. Findell accuses the board of enabling value-destructive decisions, including ill-timed acquisitions and high executive compensation, and argues that shareholder value has been undermined—highlighting a ~64% share price decline. The firm plans to nominate two new directors with lending experience to shift control of the board and implement operational changes, including a 20% cost reduction, removal of the voluntary 36% APR cap, and deleveraging. It credits improved recent performance to three newer directors with lending backgrounds and calls for the board to be fully reconstituted to unlock further value. — SF

• Rio Tinto's (RIO) board unanimously recommends shareholders vote against a resolution from Palliser Capital seeking a review of the miner’s dual-listed company (DLC) structure, which would consider unifying under an Australian-domiciled holding company. The board cited a comprehensive internal review conducted in 2024 with input from Goldman Sachs, J.P. Morgan, EY, and legal advisers, concluding that unification would be value-destructive due to significant tax costs (estimated in the mid-single digit billions USD), franking credit inefficiencies, and a lack of strategic benefit. The board rejected Palliser’s claims that the current structure has caused $50 billion in value destruction and argued that further review would be duplicative and potentially detrimental to strategic execution. — PR

• Lynrock Lake filed a Schedule 13D disclosing a 9.9% stake in Teradata Corp (TDC) that outlines recent engagement with Teradata. Lynrock met with Teradata to argue that Teradata is undervalued relative to its strategic asset value and suggested operational and governance enhancements, including adding a shareholder representative to the board and forming an executive committee to support strategic guidance. — SF

See more: Activism

Shorts

• Short seller Blue Orca Capital published a short report targeting Hesai Group (HSAI). — Blue Orca

• Short publisher Bear Cave issued a report targeting Ibotta (IBTA). — Bear Cav

See more: Short Reports

Other Situations

• Nvidia (NVDA) CEO Jensen Huang stated that the company has not been approached about participating in a consortium to acquire a stake in Intel (INTC). Huang made the remarks at Nvidia’s annual developer conference, dismissing speculation that Nvidia was involved in potential Intel-related transactions. — Reuters

• 23andMe (ME) filed for Chapter 11 bankruptcy, with CEO Anne Wojcicki resigning. Wojcicki intends to be a bidder for the company's assets. — WSJ

• BurgerFi's (BFICQ) shares were canceled worthless as its bankruptcy plan became effective.

• Danimer Scientific (DNMRQ) filed for Chapter 11 bankruptcy protection in Delaware. The company seeks to wind down operations while exploring potential sales of its manufacturing facilities. The debtor-in-possession (DIP) financing includes an interim $1 million loan, with a total of up to $3 million in new financing and $12 million in existing debt roll-up, subject to court approval. — SF

• Winvest (WINV) was delisted by Nasdaq and is set to begin trading OTC.

• Benson Hill (BHIL) filed for Chapter 11 bankruptcy. It has received $11 million in debtor-in-possession financing. — PR