Avalanche Treasury Co., a new Nasdaq-listed company tied to the Avalanche ecosystem, saw its stock drop 38.13% in its first trading session, closing at $1.85. The company holds about 15 million AVAX tokens but aims to invest actively across the Avalanche network rather than just holding tokens. AVAX prices remain under pressure, trading near $6.64, down over 33% in the past month, which weighed on investor sentiment. Avalanche Treasury must now prove it can create value despite a weak altcoin market and cautious investor demand for crypto-linked public firms.
Jet.AI postponed its special shareholder meeting from June 11 to June 23, 2026, to allow more time for voting on a transaction with FlyExclusive. Only about 34.2% of shares were represented at the initial meeting, and although 99% of votes cast suppo...
Heilind Asia Pacific will participate in Automotive Manufacturing 2026 in Bangkok from June 17–20, showcasing its range of interconnect, fastening, electromechanical, and cable management products. The event highlights the automotive industry's shift...
Investment bank Oppenheimer set a $190 price target for SpaceX's IPO, implying nearly 41% upside from the $135 offer price. The bank highlighted SpaceX's unique position as a vertically-integrated AI and communications company with strong capital and...
Charles Hoskinson, founder of Cardano, announced a plan to shift core community discussions from X (formerly Twitter) to dedicated Discord channels. This move aims to create a more controlled and positive environment for governance, development, and ...
Avalanche Treasury Co. dropped 38.1% to $1.85 on its Nasdaq debut following a $675 million SPAC merger. The company plans to acquire over $1 billion worth of AVAX tokens and invest in Avalanche ecosystem development, including validator infrastructur...
