Capital Markets

KLX Energy Adopts 10% Poison Pill After Investor Seeks 30% Stake

Houston – September 24, 2026 -- KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) has adopted a limited-duration stockholder rights plan effective immediately, setting a 10% beneficial ownership trigger after a single investor sought to acquire as much as 30% of the company through a recently expired $125 million rights offering.

Board Cites Investor's History of Pursuing Takeovers After Building Stakes

KLX's Board said the plan responds to the rapid accumulation of common stock by a new investor who requested permission to purchase shares beyond the 9.995% ownership cap set under the company's Backstopped Equity Rights Offering. The company described the investor as having a documented pattern of acquiring large equity positions in public companies before pursuing unsolicited acquisition proposals or tender offers for those companies or their assets.

OpenText Prices $1B Notes to Refinance 2027 Debt, Fund Tender Offer

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OpenText Prices $1B Notes to Refinance 2027 Debt, Fund Tender Offer

Waterloo – September 24, 2026 -- Open Text Corporation (NASDAQ: OTEX, TSX: OTEX) has priced $1 billion in senior secured notes, split evenly between $500 million of 6.700% notes due 2031 and $500 million of 7.150% notes due 2033.

OpenText locks in $1 billion in fresh secured debt across two maturities

The offering, structured under Rule 144A and Regulation S, is expected to close October 1, 2026, subject to customary conditions. The Notes will carry guarantees from OpenText's existing subsidiary guarantors and co-obligors, secured on the same basis as the company's senior secured credit facilities, term loan credit agreement and its 6.900% Senior Secured Notes due 2027.

Viking Therapeutics Launches $400M Dual Offering to Fund Obesity Drug Pipeline

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Viking Therapeutics Launches $400M Dual Offering to Fund Obesity Drug Pipeline

San Diego – September 24, 2026 -- Viking Therapeutics plans to raise $400 million through simultaneous public offerings of $200 million in common stock and $200 million in convertible senior notes due 2032, with proceeds earmarked for its obesity drug pipeline.

Viking structures two independent capital raises with built-in flexibility

The biopharmaceutical company intends to grant underwriters a 30-day option to purchase an additional $30 million in common stock and a separate 30-day option for up to $30 million more in notes to cover over-allotments. Completion of one offering is not contingent on the other, giving Viking flexibility if market conditions shift. Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC are serving as joint book-running managers for both transactions.

Star Gold Corp. to Present at Emerging Growth Conference Sept. 24

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Star Gold Corp. to Present at Emerging Growth Conference Sept. 24

Coeur d'Alene, Idaho – September 23, 2026 -- Star Gold Corp. (OTCQB: SRGZ) will present to individual and institutional investors at the Emerging Growth Conference on September 24, 2026, giving shareholders and analysts a live, interactive session with the company's leadership.

CEO Lindsay Gorrill takes questions in 30-minute fireside chat

Gorrill is scheduled to speak at 1:45 PM Eastern time for 30 minutes, participating in a Q&A/fireside chat format. Investors can submit questions in advance or during the live event, with an archived webcast to follow on EmergingGrowth.com and the Emerging Growth YouTube Channel for those unable to attend in real time.

Sun Life to Redeem $500 Million in Subordinated Debentures Nov. 18

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Sun Life to Redeem $500 Million in Subordinated Debentures Nov. 18

Toronto – September 22, 2026 -- Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) will redeem all $500 million principal amount of its outstanding Series 2021-1 Subordinated Unsecured 2.46% Fixed/Floating Debentures on September 22, 2026, funding the buyback entirely from existing cash and liquid assets.

Sun Life exercises its call option on 2.46% debentures ahead of rate reset

The Debentures become redeemable at Sun Life's option on or after September 22, 2026, at a price equal to the principal amount plus accrued and unpaid interest through the redemption date. The insurer confirmed it intends to exercise this option on that exact date, with formal notice to be delivered to Debenture holders under the terms of the governing trust indenture.

Sun Life Consolidates Preferred Shares, Sets 5.519% Dividend Rate

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Sun Life Consolidates Preferred Shares, Sets 5.519% Dividend Rate

Toronto – September 22, 2026 -- Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) will have 8,000,000 Class A Non-cumulative Rate Reset Preferred Shares Series 10R issued and outstanding as of September 22, 2026, after a share conversion process eliminated its floating-rate Series 11QR class entirely.

QIA, J.P. Morgan Asset Management Ink $20 Billion Investment Pact

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QIA, J.P. Morgan Asset Management Ink $20 Billion Investment Pact

Doha – – September 21, 2026 -- Qatar Investment Authority (QIA) and J.P. Morgan Asset Management (JPMAM) have signed a Memorandum of Understanding to build a USD 20 billion strategic partnership spanning public and private markets in equities and credit.

QIA Allocates $15 Billion To Customized Global Equity Mandates

The larger of the two tracks is a USD 15 billion public equities mandate under which JPMAM will manage bespoke global equity portfolios for QIA, drawing on the firm's active equity capabilities, global investment platform and research infrastructure.

$5 Billion Private Credit Push Targets U.S. Middle-Market Firms

A second USD 5 billion initiative will see QIA and JPMAM jointly provide senior financing to established middle-market companies in the United States, with sector focus on industrials, services, healthcare and technology.

enCore Energy Hires North Star for IR, Sets Verdera Share Spinoff

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enCore Energy Hires North Star for IR, Sets Verdera Share Spinoff

Dallas – September 21, 2026 -- enCore Energy Corp. (NASDAQ, TSXV: EU) has engaged North Star Investor Relations Inc. under a consulting agreement effective September 18, 2026, paying a monthly cash retainer of CAD $10,000 for shareholder outreach, capital markets intelligence and media coordination.

North Star retainer runs for one year with a 30-day termination clause

The initial term of the Consulting Agreement is one year, renewable by mutual agreement, and either party may terminate on 30 days' written notice. North Star is owned by Graham Farrell and operates from Toronto; the firm and its principals are at arm's length to enCore and held no company securities when the agreement was signed. The engagement remains subject to TSXV approval.

McDermott Completes $1.05 Billion Refinancing, Rights Offer 97% Subscribed

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McDermott Completes $1.05 Billion Refinancing, Rights Offer 97% Subscribed

Houston – September 21, 2026 -- McDermott International, Ltd has completed a comprehensive refinancing package worth more than $1 billion, combining a $500 million equity rights offering, a $550 million senior secured Nordic bond and a new long-term letter of credit facility.

Rights offering draws 97% shareholder subscription

The $500 million equity financing was structured as a rights offering to existing shareholders and was 97% subscribed by Class A ordinary shareholders. Remaining shares were absorbed through related backstop commitments, ensuring full completion of the raise.

Nordic bond matures in 2031, extends debt maturity profile

McDermott issued $550 million in senior secured bonds in the Nordic market, with maturity set for 2031. The company also secured a new long-term letter of credit and guarantee facility, alongside a revolving credit facility, as part of the same transaction.

VNET Closes Deal, CATL-Linked Investor Takes 38.1% Stake

Beijing – September 21, 2026 -- VNET Group, Inc. (Nasdaq: VNET) has completed the transfer of 650,424,192 Class A ordinary shares to two investment vehicles linked to Contemporary Amperex Technology Co., Limited (CATL), giving the buyers a combined 38.1% stake in the Chinese data center operator.

PJ Millennium entities acquire majority-scale stake from prior shareholders

PJ Millennium I Limited and PJ Millennium II Limited purchased the shares from Success Flow International Investment Limited and Choice Faith Group Holdings Limited. Both buyers are wholly owned subsidiaries of PJ Millennium Limited Partnership, whose general partner, Lochpine BG I GP Limited, sits under Lochpine Capital Limited -- a non-controlled, non-consolidated affiliate of CATL (300750.SZ, 03750.HK).