A securities class action lawsuit was filed against Smartsheet Inc. alleging the company repurchased over 1.1 million shares from investors between June and August 2024 without disclosing ongoing acquisition talks with Blackstone and Vista Equity Partners. The lawsuit claims Smartsheet's board knew about a premium buyout offer but failed to inform shareholders while promoting share buybacks, misleading investors and violating federal securities laws. When the acquisition was announced at $56.50 per share, Smartsheet's stock price rose sharply, revealing the previously undisclosed premium offer. Investors who sold shares during this period and suffered losses may have legal rights, with a deadline to seek lead plaintiff status by October 5, 2026.
Capital B has purchased an additional 376 Bitcoin at a cost of $29 million, increasing its total Bitcoin holdings to 3,521 BTC. This move signals the company's continued confidence in Bitcoin as a strategic asset. The acquisition could impact Capital...
Zeta Global's stock surged 69% over the past three months, significantly outperforming its benchmark's 4% gain. The company’s accelerating business performance, especially in AI-powered services, supports continued optimism about its future prospects...
Primo Brands Corporation received a BUY rating following robust second-quarter 2026 results, improved operating leverage, and a favorable valuation discount. The company raised its 2026 sales guidance to 2–4% growth, driven by strong premium brand pe...
Wistron Corporation's shares fell over 6% after announcing a $1.47 billion global depositary receipt offering to raise funds for raw material purchases. The offering involves 25 million receipts priced at a 5.5% discount, representing about 7.29% of ...
A British man known as Chris reclaimed 61 BTC worth $4.4 million after 12 years of legal battle following the 2014 collapse of Intersango, a UK bitcoin exchange. Initially buying bitcoin in 2011, Chris left his coins in the exchange custody, which sh...
