Financial Disclosure

Shanghai Electric H1 Revenue Jumps 16.6% on CNY100.4bn Order Book

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Shanghai Electric H1 Revenue Jumps 16.6% on CNY100.4bn Order Book

Shanghai – September 18, 2026 -- Shanghai Electric posted operating revenue of CNY 63.332 billion (USD 9.17 billion) in the first half of 2026, up 16.6% year-on-year, while net profit attributable to shareholders rose 18.2% to CNY 970 million (USD 140.49 million). New orders reached CNY 100.39 billion (USD 14.54 billion), extending the company's order backlog across energy equipment, industrial equipment and integrated services.

Energy Equipment segment drives growth with 21.4% revenue increase

The Energy Equipment segment generated CNY 36.558 billion (USD 5.29 billion) in revenue, up 21.4%, led by wind power and energy storage. Industrial Equipment revenue rose 1.9% to CNY 18.954 billion (USD 2.75 billion), supported by digital upgrades in machine tools, elevators and industrial components. Integrated Services revenue climbed 31.5% to CNY 10.862 billion (USD 1.57 billion) on supply chain coordination and full-lifecycle service work.

Oaktree Vehicle Sells 9 Million TORM Shares in Secondary Offering

Hellerup – September 18, 2026 -- TORM plc has launched a secondary public offering of 9,000,000 Class A common shares on behalf of OCM Njord Holdings S.à r.l., a vehicle indirectly owned by funds managed by Oaktree Capital Management, L.P.

Oaktree-linked seller holds roughly 20% of TORM's Class A shares before the sale

OCM Njord Holdings currently owns approximately 20% of TORM's Class A common shares. The selling shareholder is expected to grant the underwriter a 30-day option to purchase up to an additional 1,350,000 shares, which could lift the total offering size to 10,350,000 shares.

TORM will not receive proceeds as the sale is entirely secondary

The Nasdaq-listed product tanker operator (TRMD, TRMD A) is not selling any shares itself and will not collect proceeds from the transaction. J.P. Morgan Securities LLC is acting as sole underwriter, offering the shares to the public at a fixed price that may be adjusted without notice.

Uranium Royalty Corp Net Income Jumps 1530% After Sweetwater Deal

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Uranium Royalty Corp Net Income Jumps 1530% After Sweetwater Deal

Lakewood, Colo. – September 18, 2026 -- Uranium Royalty Corp. (NASDAQ: UROY) reported net income of $16.3 million for the three months ended September 18, 2026, a 1530% increase from $1.0 million a year earlier, as physical uranium sales funded its landmark Sweetwater acquisition.

UROY sells 593,255 pounds of U3O8 at $86.00 per pound, beating market average

The company generated $51.0 million in revenue from the sale, above the $85.45/lb average of UxC Historical Ux Daily Prices for the same period. Cost of sales totaled $34.1 million, or approximately $57.40/lb. Diluted earnings per share rose 900% to $0.10, compared with $0.01 in the prior-year quarter.

High Tide Posts Record $198.8M Quarterly Revenue, Nears $800M Run Rate

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High Tide Posts Record $198.8M Quarterly Revenue, Nears $800M Run Rate

Calgary – September 18, 2026 -- High Tide Inc. (Nasdaq: HITI; TSXV: HITI) reported record revenue of $198.8 million for its third fiscal quarter ended September 18, 2026, up 33% year-over-year and pushing the cannabis retailer toward an annualized run rate of approximately $800 million.

Revenue Growth Accelerates to Fastest Pace in 13 Quarters

Revenue climbed 11% sequentially, the strongest sequential gain in 15 quarters, marking the fifth consecutive quarter of all-time highs. Gross profit reached a record $52.7 million, up 32% year-over-year, while gross margin held steady at 27%.

Adjusted EBITDA Hits 12-Quarter High of $16.2 Million

Adjusted EBITDA rose 53% year-over-year and 17% sequentially to $16.2 million, lifting margin to 8.2%, the highest level in 12 quarters. Revenue grew 2.5 times faster than the Company's average basic share count year-over-year, while Adjusted EBITDA grew 3.9 times faster, according to the Company.

NHI Builds $608M Pipeline Ahead of BofA Real Estate Conference

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NHI Builds $608M Pipeline Ahead of BofA Real Estate Conference

Murfreesboro – September 18, 2026 -- National Health Investors (NYSE: NHI) has amassed approximately $608.7 million in combined investment opportunities as management prepares to meet investors at the BofA Securities 2026 Global Real Estate Conference on September 15.

NHI holds $272.0 million under signed letters of intent for new acquisitions

The senior housing REIT disclosed that it currently has roughly $272.0 million of investment opportunities under signed Letters of Intent, alongside an additional $51.7 million tied to real estate purchase options.

Company plans to deploy 1031 exchange proceeds from NHC portfolio sale

NHI expects to use proceeds from a Section 1031 exchange transaction initiated by its NHC portfolio sale to fund a significant portion of these committed opportunities. Completing the exchanges would defer recognition of a substantial share of the taxable gain generated by the NHC sale.

Backswing Ventures Warns Defense Tech Valuations Are Outrunning Exits

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Backswing Ventures Warns Defense Tech Valuations Are Outrunning Exits

Orlando, Fla. – September 18, 2026 -- Mach Industries doubled its valuation to $3.7 billion in three months, up from $470 million a year earlier, as defense startup funding heads for a record 2026 even while exits remain scarce, according to Backswing Ventures.

Crunchbase data shows 2026 funding at record levels with few exits in sight

Crunchbase News reported this month that 2026 is on pace to be the largest year on record for defense startup funding. Backswing Ventures founder Kyle Asman said that surge is not matched by liquidity, since government sales cycles and dual-use commercial traction can take years to materialize into a sale or IPO.

"Raising money has never been faster in this sector," Asman said. "Turning that money into an exit is a separate problem, and a much slower one."

Wi-Fi 7 Drives Record WLAN Shipments as Memory Costs Push Prices Higher

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Wi-Fi 7 Drives Record WLAN Shipments as Memory Costs Push Prices Higher

Redwood City – – September 18, 2026 -- Vendors shipped a record volume of Access Points in the second quarter of 2026, pushing the global WLAN market to double-digit growth across every region, according to Dell'Oro Group's newly published Wireless LAN Quarterly Report.

Wi-Fi 7 captures more than half of second-quarter WLAN sales

Wi-Fi 7 equipment accounted for over 50% of the market in 2Q26, and Dell'Oro Group expects adoption of the standard to keep rising through 2028. Senior Director Siân Morgan said the first Wi-Fi 8 revenue could appear as early as next year, but that Wi-Fi 7 will remain the dominant purchase for enterprise buyers in the interim.

KPS Sells Aluminum Extrusion Maker Metra to Grupa Kęty for €645 Million

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KPS Sells Aluminum Extrusion Maker Metra to Grupa Kęty for €645 Million

New York – – September 18, 2026 -- KPS Capital Partners, LP has signed a definitive agreement to sell its portfolio company Metra to Warsaw-listed Grupa Kęty S.A. for €645 million, with closing expected in the first quarter of 2027 pending customary approvals.

Metra operates nine plants and 1,400 employees across Europe and North America

Metra, headquartered in Rodengo Saiano, Italy, is a vertically integrated manufacturer of extruded aluminum profiles offering painting, oxidation, machining, welding and assembly services. Its products serve rail, industrial and building & construction end-markets. The company runs nine global manufacturing facilities with roughly 1,400 employees.

Tenon Medical Raises $2.87M via Warrant Inducement Deal

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Tenon Medical Raises $2.87M via Warrant Inducement Deal

Jersey City, N.J. – September 18, 2026 -- Tenon Medical, Inc. (NASDAQ: TNON) has closed a warrant inducement agreement generating $2,872,338.58 in gross proceeds from an institutional investor exercising 572,179 outstanding warrants in full.

Institutional investor exercises warrants for immediate cash proceeds

The exercising holder converted 572,179 existing warrants into common stock, delivering gross cash proceeds of $2,872,338.58 to Tenon before deducting advisor fees and other expenses.

Company issues new warrants covering 858,269 shares at $5.02 exercise price

In exchange for the immediate exercise, the investor received new unregistered warrants to purchase up to 858,269 shares of common stock, equal to 150% of the shares issued in the original exercise. The new warrants carry a $5.02 per-share exercise price, are immediately exercisable upon issuance, and expire five years from that date.

Spa Medicca Adds Dr. Sherock & Associates to Ohio Women's Health Network

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Spa Medicca Adds Dr. Sherock & Associates to Ohio Women's Health Network

Canton, Ohio – September 18, 2026 -- Spa Medicca has finalized a partnership with Dr. Sherock & Associates, a women's health practice serving Massillon and Orrville, Ohio, marking the medical aesthetics and wellness platform's latest acquisition in the state.

Seven Hills Capital financed the transaction as Spa Medicca's private equity partner

Seven Hills Capital, an operator-centric healthcare private equity firm, served as Spa Medicca's financial partner in completing the deal and will continue backing the organization's regional expansion strategy.