Olenox Industries Inc. shares surged 61.79% in after-hours trading following the closing of its $30 million acquisition of CS Digital Ventures, a company specializing in energy-intensive data centers and digital infrastructure. The deal combines Olenox's natural gas assets and proprietary technology with CS Digital's 35 MW capacity and $20.6 million projected 2025 revenue. The combined platform aims to deliver power costs below $0.02 per kWh for off-grid data centers, targeting energy-intensive computing customers. CS Digital's CEO Bernardo Schucman will continue leading the division within the merged company, signaling strategic growth in energy-efficient infrastructure for computing needs.
Isabelle Hudon's term as CEO of the Business Development Bank of Canada (BDC) has been extended until 2030. Since her appointment in 2021, Hudon has expanded BDC's client base by nearly 50% and launched key initiatives supporting Canadian SMEs, inclu...
ZenaTech Inc., a tech company specializing in AI-powered drones, announced plans to seek investment opportunities with the US Department of Defense and the Office of Strategic Capital. This move follows reports of the US government engaging with dome...
Integrated Cyber Solutions Inc., operating as Integrated Quantum Technologies, announced the development of MASQ™, a governance and security framework designed specifically for autonomous AI agents. MASQ aims to control AI agents' permissions, data a...
Chinese skincare company Yatsen Holding completed the first tranche of a $120 million convertible note issue, potentially to fund the acquisition of U.S. skincare brand Erno Laszlo, recently bought by a Chinese investment group. Yatsen, facing losses...
Burford Capital Limited announced a final dividend of 6.25 US cents per ordinary share for the year ended December 31, 2025. The dividend will be paid on June 12, 2026, to shareholders recorded as of May 22, 2026. The company also disclosed the pound...
