Market News (Page 3) - TendieTensor

Market News Page 3 of 288 • 7,183 articles

Sink your Teeth into More Flavor, More Beef and More Value with Portillo's BIG Burger Bundle

GlobeNewswire Inc. • Not Specified

Sink your Teeth into More Flavor, More Beef and More Value with Portillo's BIG Burger Bundle

01/13/2026 11:00 AM • Portillo's is promoting its char-broiled burgers with a new BIG Burger Bundle deal priced at $9.99, featuring a 1/3-pound cheeseburger, fries, and a drink for a limited time. The promotion highlights the burger as an underrated menu item that offers 33% more per bite than typical quarter-pound burgers.

PTLO - The company is launching a strategic promotional campaign to drive customer engagement and highlight an underutilized menu item. The value-focused bundle pricing and limited-time nature create urgency, which typically drives sales volume. The promotion demonstrates active marketing efforts to expand customer awareness of their burger offerings beyond their core Italian beef and hot dog products.

#burger promotion #limited-time offer #value bundle #char-broiled burger #menu marketing #restaurant chain

Evermore Extends Industry-Leading Retail Partnership with the Addition of United Supermarkets

GlobeNewswire Inc. • Na

Evermore Extends Industry-Leading Retail Partnership with the Addition of United Supermarkets

01/13/2026 11:00 AM • evermore, a personalized health benefits platform, announced a partnership with United Supermarkets to expand access to health benefits at over 100 grocery locations across West Texas, the Texas Panhandle, and Eastern New Mexico. The partnership enables Medicare Advantage, Medicaid, and commercial beneficiaries to use their health benefits on groceries and essential items at United Supermarkets and its family of store banners.

ALVOW - Company received a Complete Response Letter (CRL) from FDA, reduced 2025 revenue guidance by 10%, adjusted EBITDA by 58%, and experienced a 33% stock price decline due to manufacturing facility issues
USMHF - Partnership enhances the company's value proposition by enabling customers to use health benefits at their stores, improving affordability and accessibility for shoppers while aligning with their community health commitment.

#health benefits platform #grocery retail partnership #Medicare Advantage #Medicaid #commercial health plans #nutritious groceries #benefit card integration

Textile Dyes Market Research Report: Type, Fiber Type, Source, Application, Countries and Companies Analysis, 2025-2033 | Astute Analytica

GlobeNewswire Inc. • Astute Analytica

Textile Dyes Market Research Report: Type, Fiber Type, Source, Application, Countries and Companies Analysis, 2025-2033 | Astute Analytica

01/13/2026 10:58 AM • The global textile dyes market, valued at US$ 9.31 billion in 2024, is projected to reach US$ 15.58 billion by 2033 at a CAGR of 5.89%. Growth is driven by rising textile demand, fashion trends, and sustainability innovations including waste-to-wardrobe initiatives and bio-circular material sourcing. Asia Pacific dominates with over 35% revenue share, led by China and India's expanding production capabilities.

HUN - Identified as a major player in the textile dyes market with exposure to growing demand driven by fashion trends, sustainability innovations, and expanding production in Asia Pacific.

#textile dyes market #market growth #sustainability #bio-circularity #digital color management #cotton fiber #Asia Pacific #circular economy #AI technology

ITGR Investors Have Opportunity to Lead Integer Holdings Corporation Securities Fraud Lawsuit with the Schall Law Firm

GlobeNewswire Inc. • The Schall Law Firm

ITGR Investors Have Opportunity to Lead Integer Holdings Corporation Securities Fraud Lawsuit with the Schall Law Firm

01/13/2026 10:56 AM • The Schall Law Firm is seeking investors to join a class action lawsuit against Integer Holdings Corporation for securities fraud. The company allegedly made false and misleading statements about its competitive positioning in the electrophysiology market and overstated the growth potential of EP devices in its cardio and vascular segment. The class period covers purchases between July 25, 2024 and October 22, 2025.

ZBH - Stock price dropped 15% due to emerging markets distributor order cancellations
ITGR - The company is accused of making false and misleading statements about its competitive positioning in the EP market and exaggerating the growth potential of EP devices. These allegations of securities fraud and material misstatements resulted in investor losses when the truth was revealed to the market.

#securities fraud #class action lawsuit #Integer Holdings Corporation #electrophysiology market #false statements #investor losses #Securities Exchange Act

SPEAKER ALERT: TDC Announces Additional Speakers for DC Blockchain Summit 2026

GlobeNewswire Inc. • The Digital Chamber

SPEAKER ALERT: TDC Announces Additional Speakers for DC Blockchain Summit 2026

01/13/2026 10:55 AM • The Digital Chamber announced additional speakers for its annual DC Blockchain Summit scheduled for March 17-18, 2026 in Washington, DC. The event will feature prominent lawmakers, regulatory officials, and blockchain industry leaders. The 2025 summit attracted over 1,100 attendees from 600+ companies, with nearly 25% being lawmakers or policy influencers.

FFIV - Stock price slid 7.8% due to cybersecurity incident impact on business
GLNK - Co-founder Sergey Nazarov speaking at major policy summit demonstrates industry leadership and engagement with regulatory bodies

#blockchain #cryptocurrency #policy #regulation #digital assets #SEC #OCC

Growscape Strengthens Manufacturing Strategy, Appoints Chief Manufacturing Officer to Drive Quality and Operational Excellence

GlobeNewswire Inc. • Not Specified

Growscape Strengthens Manufacturing Strategy, Appoints Chief Manufacturing Officer to Drive Quality and Operational Excellence

01/13/2026 10:53 AM • Growscape announced a renewed focus on manufacturing excellence by creating a new Chief Manufacturing Officer role and promoting Brian Cunningham to the position. The company is leveraging its North American manufacturing facilities and global contract partners while investing in operational efficiency, a new 750,000-square-foot warehouse in Ohio, and an enhanced product development process to deliver better quality products at competitive prices.

HD - Mentioned only as recognizing Growscape as 2025 Outdoor Garden Partner of the Year. This is a positive recognition for Growscape but provides no direct information about The Home Depot's business performance or strategy.

#manufacturing strategy #operational excellence #Chief Manufacturing Officer #quality management #supply chain optimization #product development #warehouse facility #inventory management

Aclarion Raises $10.4 Million, Sharpens Focus On Nociscan Rollout

Benzinga • Lekha Gupta

Aclarion Raises $10.4 Million, Sharpens Focus On Nociscan Rollout

01/13/2026 10:51 AM • Aclarion (NASDAQ: ACON) raised $10.4 million through common stock financing at $5.18 per share, extending its cash runway into 2028 with zero debt and $21.6 million in cash. The company plans to accelerate clinical trials for its Nociscan AI platform, expand access across MRI platforms, and pursue broader reimbursement. Despite strong 2025 adoption metrics (69% YoY scan volume growth), the stock fell 5.21% to $4.27, trading at a new 52-week low.

ACON - While the company achieved positive operational metrics (69% YoY scan volume growth, 114% Q4 growth) and secured $10.4M in funding with extended runway to 2028, the stock declined 5.21% to a 52-week low on the announcement. This disconnect between positive fundamentals and negative price action suggests market skepticism about valuation or execution risks, warranting a neutral stance.

#Aclarion #Nociscan #financing #clinical trial #AI platform #cash runway #stock offering

NYSE: CPNG INVESTOR ALERT: Berger Montague Advises Coupang, Inc. (NYSE: CPNG) Investors of a February 17, 2026 Deadline

GlobeNewswire Inc. • Berger Montague Pc

NYSE: CPNG INVESTOR ALERT: Berger Montague Advises Coupang, Inc. (NYSE: CPNG) Investors of a February 17, 2026 Deadline

01/13/2026 10:51 AM • A class action lawsuit has been filed against Coupang, Inc. (NYSE: CPNG) alleging the company made false statements regarding its cybersecurity. The lawsuit claims inadequate cybersecurity protocols allowed a former employee to access sensitive customer information for nearly six months undetected. Following disclosure of the breach, Coupang's CEO resigned and investors suffered significant losses. The deadline to seek lead plaintiff status is February 17, 2026.

CPNG - The company faces a class action lawsuit for allegedly making false statements about cybersecurity, resulting in a major data breach where a former employee accessed sensitive customer information for six months. The CEO's resignation and significant investor losses further indicate serious operational and governance failures.

#class action lawsuit #cybersecurity breach #false statements #customer data #CEO resignation #investor losses #securities fraud

Calidris Investment Partners Sets Market Entry with Inaugural Insurance Sidecar Transaction and Leadership Appointments

GlobeNewswire Inc. • Globe Newswire

Calidris Investment Partners Sets Market Entry with Inaugural Insurance Sidecar Transaction and Leadership Appointments

01/13/2026 10:00 AM • Calidris Investment Partners, backed by RedBird Capital Partners, completed its inaugural insurance sidecar transaction with QBE in December 2025. The firm announced key leadership hires including Marcus Foley as Director of Quantitative Strategies and Natasha Osborne as Director of Finance and Operations, and appointed Andrew Brooks as Non-Executive Director to support its growth in P&C (re)insurance partnerships.

QBIEY - QBE is mentioned as the counterparty in the sidecar transaction, which represents a strategic partnership opportunity but the article provides no specific details about QBE's performance or outlook.

#insurance sidecar transaction #P&C (re)insurance #capital partnerships #Bermuda-based investment manager #leadership appointments #institutional investors

Portnoy Law Firm Announces Class Action on Behalf of StubHub Holdings, Inc. Investors

GlobeNewswire Inc. • Portnoy Law Firm

Portnoy Law Firm Announces Class Action on Behalf of StubHub Holdings, Inc. Investors

01/13/2026 10:00 AM • The Portnoy Law Firm has announced a class action lawsuit on behalf of StubHub Holdings (NYSE: STUB) investors who purchased securities during the company's September 2025 IPO at $23.50 per share. Following StubHub's Q3 2025 earnings report on September 13, 2025, which exceeded revenue expectations but lacked forward guidance, the stock declined 20.99% to $14.87 per share by November 14, 2025, prompting analyst downgrades. Investors have until January 23, 2026 to file a lead plaintiff motion.

STUB - The company experienced a significant 20.99% stock price decline following disappointing forward guidance despite beating revenue expectations. The class action lawsuit alleges corporate wrongdoing, indicating investor losses and potential securities violations related to the IPO.

#class action lawsuit #IPO #securities fraud #stock decline #earnings miss #forward guidance

Commercial vehicle industry gears up to pack Work Truck Week® 2026 with new products

GlobeNewswire Inc. • Ntea – The Work Truck Association

Commercial vehicle industry gears up to pack Work Truck Week® 2026 with new products

01/13/2026 10:00 AM • Work Truck Week 2026, North America's largest work truck event, will take place March 10-13 at the Indiana Convention Center in Indianapolis. The sold-out event features over 2,100 member companies showcasing commercial vehicles, truck bodies, equipment, and technology innovations. The program includes the Green Truck Summit, educational sessions, Ride & Drive experiences, and more than 50 first-time exhibitors.

GOOGL - Mentioned as part of trillion-dollar AI companies, with no specific detailed analysis
GM - GM Envolve's VP Ian Hucker is delivering a keynote address at the Green Truck Summit, indicating the company's prominent role and commitment to commercial vehicle technology and sustainability initiatives.

#work truck #commercial vehicles #truck bodies #equipment #technology #sustainability #Green Truck Summit #Indianapolis #trade show

LVT Ranked No. 1 Innovative Leader in 2025 Frost Radar™ for Mobile Surveillance

GlobeNewswire Inc. • Not Specified

LVT Ranked No. 1 Innovative Leader in 2025 Frost Radar™ for Mobile Surveillance

01/13/2026 10:00 AM • LiveView Technologies (LVT) has been recognized as the #1 innovator among 15 companies in Frost & Sullivan's 2025 Mobile Surveillance Radar. The company's AI-driven security solutions, which require no external power or internet, feature advanced capabilities including AI-powered audio deterrents, intelligent threat detection, and forensic video search. LVT's rapidly deployable systems are gaining traction across construction, energy, retail, and public safety sectors.

GOOG - Mentioned as part of trillion-dollar AI companies, with no specific detailed analysis
AXON - Axon is mentioned only as an integration partner (Axon Fusus) for LVT's real-time crime center connectivity. The mention is factual and contextual with no performance or sentiment indicators provided.

#mobile surveillance #AI-driven security #rapidly deployable solutions #threat detection #intelligent site management #video security #crime prevention

Minovia Therapeutics Announces Two New U.S. Patents Granted, Strengthening Its Mitochondrial Augmentation Therapy Platform

Benzinga • Globe Newswire

Minovia Therapeutics Announces Two New U.S. Patents Granted, Strengthening Its Mitochondrial Augmentation Therapy Platform

01/13/2026 09:51 AM • Minovia Therapeutics announced the grant of two new U.S. patents (No. 12,502,408 and No. 12,329,781) covering its proprietary Mitochondrial Augmentation Therapy (MAT) platform for treating primary mitochondrial diseases and renal diseases. The patents, with corresponding grants in Europe and Japan, strengthen the company's intellectual property portfolio. Minovia's lead program MNV-201, currently in clinical trials for Pearson Syndrome, consists of autologous hematopoietic stem cells enriched with placental-derived mitochondria. The company is proceeding with a business combination with Launch One Acquisition Corp., expected to close in the first half of 2026.

LPAA - Minovia's patent grants and clinical progress strengthen the value proposition of the pending business combination. The company's expanding IP estate and therapeutic applications support the rationale for the merger expected to close in H1 2026.

#mitochondrial augmentation therapy #patent grants #MNV-201 #Pearson Syndrome #cell therapy #intellectual property #business combination #SPAC merger #clinical trials #renal disease

Freight Technologies Bolsters Fleet Rocket With 19 New Integrated GPS Providers

GlobeNewswire Inc. • Na

Freight Technologies Bolsters Fleet Rocket With 19 New Integrated GPS Providers

01/13/2026 09:00 AM • Freight Technologies announced the addition of 19 new GPS providers to its Fr8Radar integration network, bringing the total to 73 GPS networks across the U.S. and Mexico. This expansion represents the strongest period of GPS integration activity to date and demonstrates growing adoption of Fleet Rocket, the company's cloud-based Transportation Management System, as it consolidates fragmented GPS tracking into a single unified interface.

DBRGpJ - Mentioned as top holding but no detailed analysis provided
FRGT - The company achieved record GPS provider integration activity with 19 new additions in a single period, demonstrating strong market adoption and competitive momentum. The expansion of Fleet Rocket's capabilities and growing interest from GPS providers indicates successful business growth and market traction in the logistics technology sector.

#GPS integration #Transportation Management System #Fleet Rocket #Fr8Radar #logistics technology #real-time tracking #supply chain optimization

Trends in Cohesive Packaging Market 2026-35

GlobeNewswire Inc. • Towards Packaging

Trends in Cohesive Packaging Market 2026-35

01/13/2026 09:00 AM • The global cohesive packaging market is projected to grow from USD 43.37 billion in 2025 to USD 82.96 billion by 2034, at a CAGR of 6.7%. Growth is driven by e-commerce expansion, sustainability demands, and technological innovations. North America currently dominates, while Asia Pacific shows the fastest growth. Plastic-based materials lead today, but paper-based solutions are the fastest-growing segment.

DBRGpI - Mentioned as top holding but no detailed analysis provided
MMM - Recognized as a global leader in innovative adhesive solutions with extensive R&D capabilities, positioning it well in the growing cohesive packaging market.

#cohesive packaging #market growth #e-commerce packaging #sustainable packaging #paper-based materials #Asia Pacific #automation #logistics

Burn-In Test System for Semiconductor Market Size to Grow $1530.25 Million by 2033 | SNS Insider

GlobeNewswire Inc. • Sns Insider

Burn-In Test System for Semiconductor Market Size to Grow $1530.25 Million by 2033 | SNS Insider

01/13/2026 09:00 AM • The global burn-in test system for semiconductor market is valued at USD 800.52 million in 2025 and is projected to reach USD 1,530.25 million by 2033, growing at a CAGR of 8.48%. Growth is driven by rising semiconductor complexity, increased demand for high-reliability chips in automotive, aerospace, AI, and data centers, and adoption of automated testing solutions. However, the market faces challenges from long testing cycles, high energy consumption, and limited standardization.

DBRGpH - Mentioned as top holding but no detailed analysis provided
TER - Teradyne is identified as a leading market player and recently launched a high-volume double-sided wafer probe test cell for silicon photonics, showing active product development and market expansion in emerging semiconductor testing segments.

#burn-in test systems #semiconductor testing #automated testing #high-reliability chips #CAGR 8.48% #automotive electronics #data centers #AI accelerators #OSAT providers #Industry 4.0

Advent Technologies and Airbus expand Joint Development Agreement

GlobeNewswire Inc. • Na

Advent Technologies and Airbus expand Joint Development Agreement

01/13/2026 09:00 AM • Advent Technologies has expanded its Joint Development Agreement with Airbus to advance next-generation Ion Pair Membrane Electrode Assembly (MEA) for High-Temperature Proton Exchange Membrane (HT-PEM) fuel cell technology. The expansion focuses on durability measurements and enables stack testing, a critical step for aviation adoption. Advent has met Airbus' interim power targets and is now advancing MEA power while gathering real-life durability data under flight cycles.

DBRG - Mentioned as top holding but no detailed analysis provided
EADSY - Airbus is advancing its hydrogen electric propulsion system through expanded collaboration with Advent, indicating continued investment and confidence in next-generation fuel cell technology for aviation applications.

#fuel cell technology #hydrogen propulsion #HT-PEM membrane #aviation #Joint Development Agreement #durability testing #stack testing

Femasys Announces Partnership with Refuah Health Center to Expand First-Line Access to FemaSeed® in Community-Based Care

GlobeNewswire Inc. • Na

Femasys Announces Partnership with Refuah Health Center to Expand First-Line Access to FemaSeed® in Community-Based Care

01/13/2026 09:00 AM • Femasys Inc. announced a partnership with Refuah Health Center to expand access to FemaSeed, its intratubal insemination product, as a first-line infertility treatment in community-based care settings. The partnership aims to strengthen Femasys' commercial footprint and accelerate adoption of FemaSeed, which has demonstrated over double the pregnancy rates of traditional IUI in clinical trials.

ELF - Mentioned as top holding but no detailed analysis provided
FEMY - The company announced a strategic partnership to expand market access for its lead product FemaSeed in community-based settings, which represents commercial growth and increased patient reach. The partnership with an established FQHC demonstrates confidence in the product's market potential and supports revenue expansion objectives.

#partnership #FemaSeed #infertility treatment #community-based care #intratubal insemination #commercial expansion #fertility innovation

Wealth Management Leaders Suzanne Elovic and Mike Murphy Join LPL Financial to Strengthen Advisor and Client Service

GlobeNewswire Inc. • Lpl Financial

Wealth Management Leaders Suzanne Elovic and Mike Murphy Join LPL Financial to Strengthen Advisor and Client Service

01/13/2026 09:00 AM • LPL Financial announced the appointments of Suzanne Elovic as executive vice president, head of supervision, and Mike Murphy as executive vice president, head of service. Both executives bring extensive financial services experience and will focus on enhancing supervision capabilities and elevating service excellence for advisors and clients.

TTMI - Mentioned as top holding but no detailed analysis provided
LPLA - The appointment of two experienced executives with strong track records in supervision and service operations demonstrates LPL's commitment to strengthening its competitive position. These strategic hires are expected to enhance advisor and client experiences, which are key differentiators in the wealth management industry. The additions follow other recent high-level appointments, indicating active leadership development and organizational strengthening.

#leadership appointments #supervision #client service #wealth management #financial advisors #operational excellence

Vericel Announces Preliminary 2025 Financial Results and Business Updates

GlobeNewswire Inc. • Na

Vericel Announces Preliminary 2025 Financial Results and Business Updates

01/13/2026 09:00 AM • Vericel Corporation announced preliminary 2025 financial results with total revenue of $276 million, driven by MACI revenue of $239.5 million. The company achieved 23% fourth quarter revenue growth, 74% gross margin, and 26% adjusted EBITDA margin, with GAAP net income profitability for the second consecutive year. The company completed its MACI sales force expansion and initiated a clinical study for MACI Ankle, while maintaining $200 million in cash with no debt.

MOD - Mentioned as top holding but no detailed analysis provided
VCEL - Strong financial performance with 23% Q4 revenue growth, achievement of profitability for second consecutive year, robust gross margins (74%), solid cash position ($200M with no debt), successful sales force expansion, and progress on new product development (MACI Ankle clinical study). Management expressed confidence in 2026 momentum and mid-term targets.

#cell therapy #sports medicine #burn care #MACI #revenue growth #profitability #clinical trial #manufacturing expansion

JPMorgan's Jamie Dimon Says US Economy Resilient, Consumers Are Spending

Benzinga • Lekha Gupta

JPMorgan's Jamie Dimon Says US Economy Resilient, Consumers Are Spending

01/13/2026 08:58 AM • JPMorgan Chase reported Q4 2025 earnings with net income of $13.0 billion and adjusted EPS of $5.23, beating analyst estimates. The bank highlighted a resilient US economy with strong consumer spending and healthy businesses. Key achievements include opening 1.7 million new checking accounts, 10.4 million credit card accounts, and becoming the new issuer of the Apple Card. AWM revenue reached a record $6.5 billion with $553 billion in net inflows.

CLS - Mentioned as top holding but no detailed analysis provided
AMJB - Strong Q4 earnings beat analyst expectations with adjusted EPS of $5.23 vs $4.92 estimate. Managed net revenue of $46.8 billion exceeded expectations. Significant business growth across segments including record AWM revenue, strong deposit and loan growth, and successful expansion into Apple Card partnership. Management expressed confidence in economic resilience and future growth opportunities.

#earnings #JPMorgan Chase #Q4 2025 #US economy #consumer spending #Apple Card #asset management #net income #EPS

Microsoft Wants to Power Retail Without Competing With It

Investing.com • Chris Markoch

Microsoft Wants to Power Retail Without Competing With It

01/13/2026 08:46 AM • Microsoft announced Copilot Checkout at NRF 2026, enabling AI-powered purchases within its chatbot while allowing retailers to maintain merchant control and customer data ownership. Goldman Sachs initiated coverage with a Buy rating and $655 price target, citing Microsoft's strong positioning for AI product cycles. MSFT stock is down 1.05% year-to-date but shows constructive technical consolidation near its 200-day moving average.

MSFT - Goldman Sachs initiated Buy coverage with $655 price target; positioned as 'trusted operating system' for enterprise commerce with embedded advantages in supply chain, data management, and AI integration. Strong technical setup with constructive consolidation and institutional support at 200-day SMA.

#Copilot Checkout #agentic commerce #AI retail #enterprise commerce #cloud infrastructure #Goldman Sachs #technical analysis

Benzinga • Prnewswire

MySize Explores Unlocking the "DNA of Fashion" Through Privacy-First Data Intelligence

01/13/2026 08:45 AM • MySize Inc. (NASDAQ:MYSZ) announced it is evaluating opportunities to monetize its aggregated and anonymized data intelligence assets related to apparel fit trends and product performance. The company is exploring a secure Data Intelligence Framework to provide brands and retailers with insights for demand planning, inventory optimization, and product design, using privacy-first approaches compliant with GDPR and CCPA. The initiative remains in exploratory phase with no assurance on timing or financial impact.

NVDA - Key customer of TSMC, driving chip demand and contributing to semiconductor industry growth through AI technology
MYSZ - The company is exploring new revenue opportunities through data monetization, which represents potential business expansion and diversification. The announcement demonstrates strategic initiative to unlock value from existing assets while maintaining regulatory compliance and privacy standards. However, the exploratory nature and lack of concrete timelines temper the sentiment from highly positive to moderately positive.

#data monetization #fashion technology #AI-driven solutions #privacy-first approach #data intelligence #apparel fit trends #inventory optimization #GDPR compliance #CCPA compliance

Spectral Capital Appoints Daniel Gilcher as Chief Financial Officer in Preparation for NASDAQ Uplisting

Benzinga • Prnewswire

Spectral Capital Appoints Daniel Gilcher as Chief Financial Officer in Preparation for NASDAQ Uplisting

01/13/2026 08:36 AM • Spectral Capital Corporation (OTCQB:FCCN) announced the appointment of Daniel Gilcher as Chief Financial Officer effective immediately. Gilcher brings extensive international public-company experience in technology and telecommunications, with a background in preparing companies for public listings and managing capital markets functions. His appointment strengthens the company's leadership as it prepares for its planned NASDAQ uplisting.

AAPL - Mentioned as a chip design customer of TSMC, with no specific growth or performance commentary
FCCN - The appointment of an experienced CFO with strong credentials in public company operations and capital markets readiness is a positive development for a company preparing for NASDAQ uplisting. This signals organizational strengthening and progress toward the stated goal of going public on a major exchange.

#CFO appointment #NASDAQ uplisting #capital markets #public company preparation #AI and quantum infrastructure #digital infrastructure

Old Glory Bank and Digital Asset Acquisition Corp. Announce Business Combination Agreement to Create a Texas Company Publicly Listed on Nasdaq

Benzinga • Globe Newswire

Old Glory Bank and Digital Asset Acquisition Corp. Announce Business Combination Agreement to Create a Texas Company Publicly Listed on Nasdaq

01/13/2026 08:35 AM • Old Glory Bank, a digital-first FDIC-insured bank serving all 50 states, has announced a definitive business combination agreement with Digital Asset Acquisition Corp. (DAAQ) to create OGB Financial Company, a publicly listed Texas corporation on Nasdaq under ticker 'OGB'. The transaction, expected to close in Q1-Q2 2026, values Old Glory Bank at $250 million pre-money with DAAQ's $176 million trust account and planned $50 million PIPE funding. Old Glory Bank plans to become the first chartered bank to fully integrate cryptocurrency into daily banking operations, offering crypto loans, an OGB stablecoin (OGBUSD), and seamless fiat-to-crypto conversion through its proprietary OGB Freedom Offramp technology.

MSFT - Mentioned as part of trillion-dollar AI companies, with no specific detailed analysis
DAAQ - DAAQ is acquiring a rapidly growing bank with $245 million in deposits, 80,000+ accounts, and 2,000% deposit growth since 2023. The combination provides DAAQ with a profitable operating business, clear growth strategy in the crypto banking sector, and a path to Nasdaq listing with strong backing from prominent co-founders.

#SPAC merger #cryptocurrency banking #digital banking #stablecoin #DeFi integration #Nasdaq listing #fintech #blockchain