High Tide Inc. has closed new senior secured credit facilities totaling C$40 million with Bank of Montreal, including a C$25 million revolving credit facility and a C$15 million delayed-draw term loan. This refinancing repaid the company's previous loans and debentures, enhancing its financial flexibility and reducing its cost of capital. The funds will support general working capital, acquisitions, and investments, secured by company assets and subject to standard covenants. This move strengthens High Tide's position in the cannabis retail and medical distribution markets as it continues expanding domestically and internationally.
Tron founder Justin Sun has unstaked a total of 10,000 ETH from the Lido liquid staking protocol since August 26, moving about $12.3 million of that ether to Poloniex, an exchange he supports. While this shows some liquidity being freed up, Sun still...
Starknet has introduced Shieldnet, a new privacy framework called STRK20 that protects transaction details for 45 ERC-20 tokens on its Ethereum Layer 2 network. Using zero-knowledge proofs, Shieldnet encrypts transaction data, hiding sender, receiver...
Microchip Technology reported strong revenue growth and margin recovery in the first quarter of FY2027, driven by accelerating data center demand and growth in aerospace and defense sectors. The company’s valuation is expected to improve significantl...
SoFi Technologies is rated a Strong Buy with a $23 price target due to its successful transition to a diversified financial platform. Key growth drivers include lending, the Loan Platform Business, and expanding financial services, along with contrib...
Metaplanet capped its Series 10 executive option pool at 319.5 million shares after removing an automatic adjustment that had increased dilution following its 2024 Bitcoin treasury pivot. CEO Simon Gerovich exercised 92,000 rights, creating 64 millio...
