Pomerantz LLP is investigating Identiv, Inc. and certain officers for potential securities fraud following the company's announcement of selling its IoT assets and Thai subsidiary to Trackonomy Systems. The deal involves Identiv contributing $25 million in cash for $50 million in preferred equity in Trackonomy. After the announcement, Identiv's stock price fell sharply by 32.25% to $2.50 per share. The investigation aims to determine if there were any unlawful business practices or breaches of fiduciary duty related to this transaction.
TPC Group has agreed to be acquired by ENEOS Holdings, which will take over its petrochemical and terminal operations in Texas and Louisiana. This acquisition aims to strengthen ENEOS's position in the petrochemical C4 value chain and support continu...
Bitcoin exchange-traded funds (ETFs) attracted $750 million in inflows while large Bitcoin holders, known as whales, added $1.2 billion worth of BTC, according to a recent market report. This simultaneous demand from both retail ETF investors and lar...
Figma reported a strong Q2 with 48% year-over-year revenue growth to $370.1 million, surpassing expectations. The company achieved an exceptional net dollar retention rate of 136% and gross margins of 85%, fueled by AI-driven features and credit mone...
Amaroq Ltd. has started a focused scout diamond drilling program at the Minturn project in Northwest Greenland to explore high-grade iron mineralization and potential copper-gold deposits. The drilling aims to test the depth and continuity of mineral...
Rosen Law Firm has announced an investigation into possible breaches of fiduciary duties by the directors and officers of BellRing Brands, Inc. This legal action could impact shareholders if misconduct is confirmed. Investors holding BellRing stock a...
