financial_disclosure

Kind Lending Posts 44% TPO Volume Growth, Exits Success JV

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Kind Lending Posts 44% TPO Volume Growth, Exits Success JV

Irvine, California – September 12, 2026 -- Kind Lending's third-party origination business recorded a 44% year-over-year increase in funded volume through August 2026, as the wholesale lender simultaneously wound down its joint venture with Success Lending.

Kind and Success Lending mutually agree to dissolve joint venture

The two organizations made a strategic decision to close their partnership, with Kind Lending Founder and CEO Glenn Stearns citing the momentum built during the collaboration while confirming the company's focus shifts to its own 2027 growth plans.

Retail channel expands under newly appointed SVP Jonathan Engler

Kind's Retail division is scaling under Engler's leadership, with Chief Production Officer Delfino Aguilar stating the appointment is intended to attract talent, increase production and strengthen the company's nationwide presence alongside continued Wholesale growth.

Saavi Energía Closes Grupo México Merger, Forms 4.5 GW Platform

Mexico City – September 12, 2026 -- Saavi Energía S.à r.l. has closed its merger with Grupo México, S.A.B. de C.V., creating a combined power generation platform with 4.5 GW of capacity across Mexico.

Merger creates 10-plant platform with mobile generation and gas compression assets

The completed transaction merges Saavi Energía's existing facilities with Grupo México's power generation assets. The resulting platform comprises 10 power plants located in high-demand regions of Mexico, one mobile power generation business, and three gas compression stations.

Grupo México takes 70% stake, GIP retains 30% ownership

Following the closing, Grupo México holds a 70% stake in Saavi Energía, while Global Infrastructure Partners (GIP), a subsidiary of BlackRock, owns the remaining 30%. Saavi Energía stated the combination is expected to strengthen its financial position and expand its operational scale.

RUA Gold Hits 82.9 g/t Gold, 24.8% Antimony at Auld Creek

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RUA Gold Hits 82.9 g/t Gold, 24.8% Antimony at Auld Creek

Vancouver – – September 12, 2026 -- RUA GOLD Inc. (OTCQX: NZAUF) (TSX: RUA) (NZX: RGI) reported its highest-grade drill results to date at the Auld Creek gold-antimony project in New Zealand's Reefton Goldfield, with hole ACDDH119 returning 0.6 metres grading 82.9 grams per tonne gold and 24.80% antimony. The results land as Western governments race to replace Chinese antimony supply, a metal Future Market Insights values at roughly US$2.5 billion globally in 2026, rising to about US$4.5 billion by 2036 at a 6.2% compound annual growth rate.

Base-Editing Therapy Achieves Transfusion Independence Across Ethnicities

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Base-Editing Therapy Achieves Transfusion Independence Across Ethnicities

Shanghai – September 12, 2026 -- CorrectSequence Therapeutics (Correctseq) reported that its transformer Base Editor (tBE) therapy CS-101/CS-206 delivered durable clinical remission in patients with sickle cell disease (SCD) and transfusion-dependent β-thalassemia (TDT) across four distinct genetic backgrounds, according to a peer-reviewed study published in Cell Stem Cell on September 7, 2026.

The study, conducted with multiple research institutions, expands on earlier data showing five Chinese TDT patients treated with CS-101 all achieved transfusion independence. The new cohort includes four patients from Nigeria, Laos, Malaysia and Pakistan -- one with SCD and three with TDT -- covering genotypes βS/βS, β0/βE, and two β0/β0 variants with different mutation types.

COPA Innovation Leads $7M Funding Round in Shoot 360

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COPA Innovation Leads $7M Funding Round in Shoot 360

Vancouver, Wash. – September 12, 2026 -- Shoot 360, a technology-powered basketball training franchise, has secured a $7 million growth funding round led by COPA Innovation Laboratories and its investment arm, COPA Venture Capital, as part of a new strategic partnership between the two sports technology companies.

Shoot 360 operates more than 65 locations with NBA team partnerships

Founded in 2012 by Craig Moody, Shoot 360 combines immersive basketball training with performance-tracking software across more than 65 franchise locations in the U.S. and internationally, including a pipeline of new sites and partnerships with several NBA teams.

China Services Trade Hits $663B as Beijing Widens Market Access

Beijing – September 12, 2026 -- China's trade in services reached nearly 4.45 trillion yuan ($663 billion) in the first seven months of 2026, up 8.3 percent year-on-year, according to Ministry of Commerce data released ahead of the 2026 China International Fair for Trade in Services (CIFTIS) in Beijing this week.

Services exports outpace imports as knowledge-intensive sectors surge

Services exports climbed 17.1 percent year-on-year to over 1.77 trillion yuan, while imports rose a slower 3.2 percent to 2.67 trillion yuan, narrowing the composition gap even as the overall services trade deficit stood at 900.25 billion yuan for the period. Knowledge-intensive exports -- spanning telecommunications, information technology, finance and intellectual property services -- grew 12.2 percent to 948.28 billion yuan, now accounting for 53.5 percent of China's total services exports.

TrueBridge Closes $508 Million Venture Secondaries Fund

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TrueBridge Closes $508 Million Venture Secondaries Fund

Chapel Hill, N.C. – September 12, 2026 -- TrueBridge Capital Partners has closed its second dedicated venture secondaries fund, TrueBridge Secondaries II, L.P., with $508 million in commitments, more than double the size of its predecessor.

Fund more than doubles predecessor's $230 million haul from 2024

Secondaries II was oversubscribed and drew capital from new and existing investors, including foundations, endowments, pension funds, family offices, and high-net-worth individuals. It follows TrueBridge Secondaries I, which closed at $230 million in 2024 as the firm's first dedicated venture secondaries vehicle.

SANY Heavy Industry H1 Revenue Jumps 19.5% to $7.89 Billion on Overseas Growth

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SANY Heavy Industry H1 Revenue Jumps 19.5% to $7.89 Billion on Overseas Growth

Hong Kong – – September 11, 2026 -- SANY Heavy Industry (600031.SH) posted first-half 2026 revenue of approximately $7.89 billion, up 19.49% year-over-year, with attributable net profit rising 9.13% to $838.887 million.

Second-quarter revenue growth accelerates to 24.39%, outpacing first-half rate

Q2 revenue reached $4.328 billion, while attributable net profit climbed 16.93% to $473.108 million. Operating cash flow totaled $1.44 billion. As of June 30, total assets stood at $26.708 billion and net equity at $13.576 billion.

Overseas revenue hits $4.724 billion, now 61.33% of core business

International sales grew 21.82% year-over-year. By region, Africa led growth at 47.66% to $790.234 million, followed by the Americas at 24.70% to $930.294 million, Asia and Australia at 17.38% to $1.981 billion, and Europe at 12.68% to $1.022 billion.

Defense VC Backswing Ventures Rejects Unicorn-Dependent Fund Model

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Defense VC Backswing Ventures Rejects Unicorn-Dependent Fund Model

Orlando, Fla. – September 11, 2026 -- Backswing Ventures, an early-stage defense venture capital firm, is underwriting every investment in its portfolio for an independent 3-5x return rather than betting the fund on a single breakout winner.

Carta data shows unicorn payouts are stalling, not disappearing

Among 2017 and 2018 vintage venture funds old enough to have realized outcomes, fewer than 20% have returned even 1x DPI to limited partners, according to Carta's Q1 2026 fund-performance data. Backswing argues paper valuations do not pay LPs back; distributions do.

SpaceX illustrates the timeline problem at scale. Founded in 2002, the company did not deliver a liquid outcome to shareholders until its initial public offering closed in June 2026 -- 24 years later.

GAC Exports Surge 177% in August, Africa Sales Jump 881%

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GAC Exports Surge 177% in August, Africa Sales Jump 881%

Guangzhou, China – September 11, 2026 -- GAC Group shipped 26,978 vehicles under its own brands in international markets in August, an increase of 177% year-on-year, extending a run of overseas expansion that has pushed cumulative exports close to 600,000 units.

Exports for the January-August period totaled 172,008 units, up 136% from the same period last year, according to figures released by the Guangzhou-based automaker.

Africa posts steepest growth as retail sales climb 881%

Africa emerged as GAC's fastest-growing overseas market in August, with retail sales rising 881% year-on-year. The company finalized a local production agreement in Egypt with Jameel Motors and formally entered the Ghanaian market, launching a lineup that includes the S7, GS8 and AION V models.