Inovio Pharmaceuticals is raising $20 million through a public offering of common stock and warrants, the company announced Tuesday. The Plymouth Meeting-based biotech firm, which specializes in DNA medicines for HPV-related diseases and cancer, finalized the deal at a combined price of $0.95 per share and warrant.
Scottish deep-tech firm Innova NanoJet Technologies has secured the 2026 Air Purification Technology Innovator of the Year award from SME News. The recognition follows the company’s successful integration into the NHS Supply Chain framework and the deployment of its filter-free, water-based air cleaning system across international markets.
With temperatures forecast to climb between 102 and 108 degrees across the North Valley and Central Valley, Pacific Gas and Electric is bracing for an extended heatwave starting July 31. The utility has mobilized crews and equipment to manage the heightened wildfire risk posed by parched vegetation.
Cloud Capital has finalized a $520 million asset-backed securities issuance, marking the first time a data center program has earned Triple-A ratings from three independent agencies. The transaction establishes a new master trust structure designed to provide scalable financing for the firm's core data center joint venture strategy.
A strategic memorandum of understanding signed in Washington, D.C., pairs South Korean industrial giant HD Korea Shipbuilding & Offshore Engineering with Fraser Industries. The collaboration aims to modernize aging American shipyard infrastructure, utilizing AI-driven digital platforms and automated manufacturing systems to revitalize the domestic shipbuilding sector.
Investors who held Photronics, Inc. securities between December 10, 2025, and May 27, 2026, have until September 4 to seek lead plaintiff status in a pending class action lawsuit. The litigation, filed in the U.S. District Court for the District of Connecticut, centers on allegations of misleading revenue and growth projections.
A 22% plunge in Pentair plc shares has triggered a securities investigation by Robbins LLP. The firm is scrutinizing whether company leadership breached fiduciary duties by issuing optimistic guidance just months before revealing a massive inventory-driven revenue shortfall that wiped out significant shareholder value.
Alfresa Corporation, Japan's largest pharmaceutical wholesaler, has secured exclusive local distribution rights for Ember LifeSciences' cold chain technology. The strategic alliance, bolstered by a Series A investment from Alfresa, aims to integrate Ember’s precision temperature-controlled shipping containers into Japan’s medical supply network, specifically targeting home-care delivery services.
Nonprofit research organization FAR.AI has opened its first international office in Singapore, signaling a strategic move to anchor its safety initiatives within the Asia-Pacific region. The expansion aims to formalize existing technical collaborations with local government agencies and academic institutions focused on the risks of frontier AI systems.
Shares of Capricor Therapeutics plummeted 64.5% on July 27 after the FDA released critical briefing documents regarding the company’s heart therapy, deramiocel. The agency questioned the scientific justification of the firm’s data analysis, prompting the law firm Glancy Prongay Wolke & Rotter LLP to launch a securities fraud investigation.
Memphis-based First Horizon Corporation cleared its 2026 company-run capital stress tests with flying colors, demonstrating that its balance sheet remains robust even under the Federal Reserve's most severe economic downturn scenarios. The results confirm the bank's ability to maintain capital ratios significantly higher than minimum regulatory requirements.
Motiva S.A. posted strong growth in the second quarter of 2026, driven by a 30.1% increase in adjusted EBITDA to R$ 2.37 billion. The surge reflects the company’s expanded infrastructure portfolio and successful contract renegotiations across its toll road and rail divisions, signaling robust operational momentum for the first half of the year.
Resolution Copper has launched a $54 million perpetual endowment designed to provide annual funding for eleven Tribal Nations across Arizona and New Mexico. This trust, emerging from years of government-to-government consultation, empowers individual nations to direct capital toward cultural preservation, education, and workforce development programs according to their own internal priorities.
The U.S. Department of War has awarded Lockheed Martin a $58.62 billion contract to ramp up production of PAC-3 Missile Segment Enhancement interceptors. This seven-year agreement, which follows a $4.7 billion initial award from April, aims to triple manufacturing capacity by 2030 to meet intensifying global defense demand.
Los Angeles-based womenswear brand Reformation has priced its initial public offering at $15 per share, aiming to raise capital through the sale of 14,062,500 shares. The move marks a significant expansion for the sustainable fashion retailer as it prepares to debut on the New York Stock Exchange under the ticker symbol REF.
Shontay Lundy, the founder of Black Girl Sunscreen, has been inducted into the Sigma Gamma Rho Sorority’s 2026 TrailblazerΣ honorary class. This recognition highlights her role in transforming the skincare industry by addressing the long-standing need for sun protection specifically formulated for people of color.
Graphic Packaging Holding Company will distribute a quarterly dividend of $0.11 per share to its common stockholders. The payout, authorized by the board of directors, targets investors of record as of September 15, 2026, marking a continued commitment to shareholder returns for the Atlanta-based packaging manufacturer.
Capricor shares plummeted between 60% and 70% on July 27, 2026, after FDA briefing documents directly challenged the company’s claims regarding the cardiac efficacy of its drug, Deramiocel. The sudden market contraction has prompted the law firm Levi & Korsinsky to launch an investigation into potential securities law violations.
Inspired by the sharp geometry of a punctuation mark, the new HK40 Exclamation Hook from Doug Mockett & Company is now in production. The accessory translates a winning concept from the firm’s long-running international design competition into a functional, sculptural element intended for diverse architectural environments.
With net revenue climbing to a record HK$17.4 billion for the first half of 2026, MGM China Holdings is capitalizing on Macau’s sustained tourism recovery. The company maintained a 15.9% market share, balancing a dip in VIP win rates against a consistent increase in daily property visitation and gaming revenue.
Radiation therapy specialist Accuray Incorporated is initiating a major financial and operational overhaul, securing a $55 million capital infusion from its largest shareholder, TCW Asset Management. The move aims to stabilize the company’s balance sheet while pivoting toward high-growth technology partnerships and a second phase of strategic corporate transformation.
Employees at MC Contracting were allegedly denied mandatory meal and rest breaks, prompting a lawsuit filed by Blumenthal Nordrehaug Bhowmik De Blouw LLP in San Diego County Superior Court. The action seeks civil penalties under California’s Private Attorneys General Act for a laundry list of state labor code violations.
Nashville-based Advocate Capital has unveiled a comprehensive brand overhaul, replacing its decades-old visual identity with a streamlined digital presence. The firm, which has specialized in financial solutions for contingent-fee law firms since 1999, is shifting its market positioning to highlight its proprietary technology and client-focused resources.
St. Peters is set to host the 30th location for MAC.BID, a retail liquidation firm specializing in online auctions for overstock and returned goods. Launching later this fall at 16060 Spencer Road, the facility expects to generate more than 70 local jobs while bringing deep discounts to the St. Louis metro area.
The U.S. Navy has finalized a massive $76.6 billion procurement package, tasking General Dynamics Electric Boat with the construction of 14 new nuclear-powered vessels. This deal, split between five Columbia-class and nine Virginia-class submarines, marks a significant expansion of the nation’s undersea fleet and industrial manufacturing capacity.
William J. Shaughnessy has joined Greenberg Traurig as a shareholder in Atlanta, bolstering the firm’s construction law practice. Moving from Jones Walker, Shaughnessy brings extensive experience in high-stakes litigation and contract negotiation for multibillion-dollar infrastructure, energy, and digital project developments across the U.S. and abroad.
A new class action lawsuit filed in Los Angeles County Superior Court accuses Capital One, National Association, of systematic labor violations. The complaint centers on allegations that the financial institution denied employees required meal and rest breaks while failing to provide accurate, itemized wage statements as mandated by state law.
For the third year running, Willamette Valley Vineyards has secured the top spot for Best Wine Tasting Room in the USA TODAY 10Best Readers' Choice Awards. This year, the Oregon-based winery achieved a historic double, as voters also crowned its subscription-based wine club the best in the nation.
Sunwest Bank has finalized the purchase of former MidWestOne and Bank of Denver branches from Nicolet National Bank, marking a strategic push into the Rocky Mountain region. The move integrates these Colorado locations into the Sandy, Utah-based lender’s existing network as part of a broader plan to scale its commercial banking services.
Five9 will join the S&P SmallCap 600 index before the opening bell on August 3, 2026. The cloud software provider takes the place of Two Harbors Investment Corp., which is exiting the index following its acquisition by CrossCountry Mortgage, LLC.
