ADW Capital Management, holding about 4.8% of Driven Brands, publicly urged the company's board and controlling shareholder Roark Capital to initiate an immediate public sale or strategic review of the company. ADW criticized the board for rejecting its $18 per share buyout offer without due diligence, calling the rejection disingenuous and accusing the board of ignoring other potential buyers. They argue the company's stock is undervalued and that Roark has no viable exit strategy through public markets. ADW insists the board must act now to unlock shareholder value by either selling the entire company or divesting its parts, warning that continued inaction harms shareholders and trust in management.
QScreen AI Inc. has agreed to settle $681,000 of debt owed to its directors and officers by issuing approximately 9.73 million common shares at $0.07 each, a price above recent market values to reduce dilution for existing shareholders. This debt set...
Solana (SOL) is trading around $108.79 after pulling back from $112.39, testing support near $107.50. The recent break above $96 signals a bullish market structure, with key resistance at $112-$115. A close above $115 could confirm a broader upward t...
U.S. spot Bitcoin ETFs saw a significant $433 million inflow on Friday, their largest since early September, helping them avoid a second consecutive week of losses despite heavy outflows earlier in the week. Bitcoin's price rose over 6% on Friday, pu...
The altcoin market cap, excluding Bitcoin and Ethereum, is approaching $1.2 trillion, a level last seen in October 2025, marking a significant recovery from a low near $550 billion. This rebound suggests growing investor interest and potential for fu...
MS NOW, CNN, and Politico are suing President Donald Trump to reverse his ban on their journalists from the White House, arguing it violates First Amendment rights. The ban was announced by Trump after accusing these outlets of spreading lies, and jo...
