Ademi LLP is investigating Modiv for potential breaches of fiduciary duty and other legal violations related to its transaction with Global Net Lease. The deal offers Modiv shareholders 1.975 shares of GNL stock or OP units per Modiv share, valuing Modiv at about $18.82 per share. Post-transaction, Global Net Lease shareholders will own roughly 89% of the combined company, while Modiv shareholders will hold about 11%. Concerns include substantial benefits to Modiv insiders and restrictive terms limiting competing bids. The investigation focuses on whether Modiv's board fulfilled its duties to shareholders.
SpaceX is preparing for its IPO with plans to allocate up to 30% of shares to retail investors, a notably large retail offering. Platforms like Robinhood and Sofi allow retail investors to participate without minimum account balances, though they mus...
The Low Earth Orbit (LEO) satellite market is projected to expand significantly, reaching a valuation of $74.54 billion by 2035 from $15.77 billion in 2025, with a CAGR of 16.8%. Growth is fueled by rising demand for broadband in underserved areas, c...
Since late 2025, XRP ETFs have been available on U.S. stock exchanges, allowing investors to gain exposure to XRP without owning the token directly. These ETFs come in two types: spot ETFs that hold actual XRP tokens and futures ETFs that track XRP p...
During week 21 of 2026 (May 18-22), Sampo Oyj bought back a total of 1,911,568 of its own A-shares across multiple exchanges at a weighted average price of €9.21 per share. This buyback is part of a program authorized by the company's annual general ...
Russia has reduced its gold reserves by about 900,000 ounces in early 2026, marking the lowest level since 2022, as it faces rising war expenses and sanctions. This move signals fiscal strain and a shift from relying on gold as a financial buffer. Co...
