8h ago
Sphere 3D lines up up to $10.3 million ATM sale that could expand basic share count by 50.9%
Bitcoin miner Sphere 3D is seeking up to $10.3 million in working-capital funding through an at-the-market (ATM) program that could add as many as 4,382,978 common shares, equal to 50.9% of its current basic float. The plan follows a July 31 prospectus supplement that assumes a $2.35 share price and estimates about $9.9 million in net proceeds. The company also maintains a policy that allows it to sell mined Bitcoin to support working capital or growth. While the move does not involve a crypto-asset issuance or a regulatory change, the financing and liquidity posture could heighten investor focus on miners’ balance-sheet stress and potential selling pressure.
BTC
BTC+1.59%
8h ago
8h ago
Morgans rates Boss Energy, Northern Star and Woodside shares as accumulate, accumulate and hold
Boss Energy (ASX: BOE) reported a quarterly operating update, with Alta Mesa producing 362klb of uranium in 4Q FY2024, up 79% quarter on quarter, meeting its full-year production guidance. However, Alta Mesa’s output was just 45klb on a 100% basis, about 78% below market consensus, as permitting delays held back the start-up of new wellfields. The stock was kept at an ACCUMULATE rating, while the target price was cut to A$1.40 from A$1.55.
8h ago
8h ago
Ferronoux cuts Okada Manila land deal to ₱1.5 billion from ₱4.3 billion
Ferronoux said it has revised its land acquisition deal with the Okada Group in Manila, cutting the plan from three parcels worth ₱4.3 billion to a single parcel valued at ₱1.5 billion. Payment will be made through the issuance of at least 356 million new common shares priced at about ₱4.26 each, subject to shareholder approval at a meeting set for August 25, 2026. The company expects full implementation of the transaction by the first quarter of 2027. The change reflects a sharp pullback in development pacing and capital allocation, adding fundamental pressure to Philippine property-development equities.
8h ago
9h ago
Palantir jumps 10% after hours as PLTR, On Semi and Snap post Q2 beats
Palantir, On Semiconductor and Snap reported 2024 second-quarter results that topped key expectations. Palantir’s U.S. commercial revenue rose nearly 150% year over year, sending the stock up 10% after hours. On Semi posted adjusted EPS of 74 cents on revenue of $1.6 billion, and Snap reported $1.6 billion in revenue versus a $1.54 billion estimate. Whirlpool fell 3% after posting a larger-than-expected Q2 loss.
9h ago
9h ago
Voyager Technologies shares jump 13.17% after Q2 revenue tops estimates and FY2026 guidance raised to $275 million–$305 million
Voyager Technologies reported FY2026 second-quarter revenue of $52.75 million, beating estimates of $48.23 million and rising 51% from the first quarter. The company posted an adjusted loss of 70 cents per share, narrower than the 91 cents per share loss expected. Voyager said quarterly bookings reached a record $113 million, with total backlog at a record $335.5 million, and it ended the quarter with approximately $373.44 million in cash and cash equivalents, according to Benzinga Pro. The company raised its FY2026 revenue outlook to $275 million to $305 million.
9h ago