High Tide Inc. announced it has signed a term sheet for $40 million in new senior secured credit facilities with one of Canada's Big 5 banks, replacing its existing credit facility. The financing includes a $25 million revolver for refinancing and working capital, and a $15 million delayed draw term loan to refinance second-lien debentures. This deal marks institutional validation of High Tide's business scale and provides lower-cost capital to support growth in retail, expansion in Germany, and entry into new markets. The closing is expected within 60 days, subject to conditions.
The FDA has granted traditional approval to Fabhalta (iptacopan), a first-in-class complement inhibitor, for slowing kidney function decline in adults with primary immunoglobulin A nephropathy (IgAN). Fabhalta showed a 48% slower decline in kidney fu...
Corbin Advisors' Q2 2026 survey shows industrial investor sentiment at its highest in five years, with 84% of participants bullish or neutral-to-bullish due to strong order momentum and demand from data centers and AI sectors. Expectations for Q2 rev...
CASHCAT cryptocurrency remains under strong selling pressure, unable to recover past key resistance levels between $0.125 and $0.133. The token has stabilized near $0.10 but continues to show a bearish trend with lower highs and lows since its peak a...
Cronos (CRO) surged 7.43% to $0.0597, leading gains among altcoins due to strategic partnerships and ecosystem growth. Other notable gainers included Beldex, Stable, Mantle, and Polkadot, each rising between 2% and 6%. Conversely, Lighter fell 10.43%...
Large Ethereum purchases by whales, including Arthur Hayes buying 1,293 ETH and a 21.3K ETH transfer from Fidelity Custody to a new wallet, highlight growing institutional confidence despite ETH trading below $2,000. Exchange data shows mixed short-t...
