US Pre-Market SEC Filings Roundup — May 19, 2026

USA Before-Market Intelligence

By Gunpowder Editorial ·

22 high priority 28 medium priority 50 total filings analysed

Executive Summary

Overnight filings reveal a market bifurcated between robust operational execution in infrastructure and energy transition versus acute distress in small-cap and commodity-exposed names. Home Depot's mixed quarter, with top-line growth but margin compression, sets a cautious tone for consumer spending, while Eagle Materials' record revenue but declining earnings highlights the 'growth without profit' theme in materials.

The most significant corporate actions are the $2.2B acquisition of LiveRamp by Publicis and the $1.35B de-SPAC for Einride, signaling strong M&A appetite in data and green tech. However, a cluster of distressed signals—including Novelis's $84M loss from plant fires, TechPrecision's liquidity crunch, and Natural Alternatives' near-zero gross margin—demand immediate risk review. Insider activity is muted, but the conversion of GitLab's chair from supervoting to common stock is a notable governance event. The forward-looking calendar is packed with catalysts, including Thermon's merger vote, Immunic's Phase 3 readout, and multiple SPAC deadlines, offering both event-driven and turnaround opportunities.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Filing types in this digest: 8-K · 425 · 10-Q · DEFA14A · S-1 · 13F · 20-F

Tracking the trend? Catch up on the prior US Pre-Market SEC Filings Roundup digest from May 18, 2026.

Investment Signals (10)

  • Acquired by Publicis for $2.2B ($38.50/sh), a 13% 5-year revenue CAGR and 22.4% EBITDA margin. Deal expected to close by year-end 2026, offering a near-term arbitrage for shareholders

  • Record FY2026 revenue of $2.3B (+2% YoY), driven by Heavy Materials (Cement +8%, Aggregates +24%). Returned $414M to shareholders via buybacks/dividends. Net leverage at 1.9x is manageable

  • De-SPAC with Legato Merger Corp. III values the company at $1.35B pre-money, with $300M gross proceeds. Shareholder vote on June 4, 2026. Strong institutional backing via a $113M oversubscribed PIPE

  • Q4 revenue +11% YoY to $148.3M, full-year revenue +8% to $536.3M. Record Adjusted EBITDA of $119.6M (+9% YoY). Pending merger with CECO Environmental ($2.2B) on track for June 2026 close

  • Q1 2026 revenue surged 156% YoY to $21.9M, driven by energy storage product sales ($19.7M vs $4.9M). Gross profit improved 109% to $1.0M, signaling scaling operations

  • Acquired 21 acres with 320 MW power allocation for $58M to develop a new data center in the GTA. Capital expenditure signals strong growth in high-performance computing

  • Record new customer wins with 19 subscription contracts totaling $2.8M TCV. Core subscription ARR per new customer doubled to $44,000, indicating improved sales efficiency and product-market fit

  • Q1 sales rose 4.8% YoY to $41.8B, with comparable sales +0.6%. However, net earnings declined 4.2% and operating margin contracted 100 bps to 11.9%. Guidance reaffirmed, but margin pressure is a concern

  • All director nominees and executive compensation approved with >95% support at AGM. Strong shareholder alignment and ratification of Deloitte as auditor signals governance stability

  • Executive Chair converted all Class B shares to Class A for tax planning, reducing voting power from 10:1 to 1:1. A pre-arranged 10b5-1 plan executed a trade on May 18. This reduces governance risk but signals potential selling

Risk Flags (9)

  • Q4 FY2026 net loss of $84M vs $294M profit YoY. Two fires at Oswego plant caused a $104M EBITDA hit, and tariffs added $143M in costs. Full-year net income plunged 98% to $15M

  • Fourteenth amendment to credit facility extends maturity only to Sept 15, 2026. Must provide refinancing term sheet by July 31 or face $15,000 failure fee and potential default. Signals severe liquidity pressure

  • Q3 FY2026 gross margin collapsed to 1.1% (from ~20% implied prior year) as COGS nearly equaled net sales. Net loss widened to $4.3M from $2.2M. Operating cash flow turned negative at -$7.9M YTD

  • Despite 156% revenue growth, net loss widened to $32.5M from $21.1M. Cash used in operations surged to $53.8M from $2.7M. Stockholders' equity fell 55% to $30.5M, raising going-concern risk

  • FY2025 revenue of only $2,183, net loss widened to $2.48M, and stockholders' deficit deepened to $9.45M. Operating loss increased 31.6% to $3.3M. Cash burn continues with minimal revenue generation

  • New SPAC IPO with pro forma net tangible book value per share ranging from $5.92 (25% redemptions) to negative ($0.76) (100% redemptions). Dilution per share from $4.08 to $10.76, a massive wealth transfer from public shareholders

  • Amendment to BCA with Controlled Thermal Resources extends financial statement deadline to June 15 and antitrust filing to July 31. Delays signal potential deal complexity or financing issues

  • Amended preferred investment options from $16.60 to $0.80 per share, a 95.2% reduction. Covers up to 278,761 shares, potentially leading to significant dilution for existing shareholders

  • Operating margin contracted 100 bps to 11.9% (GAAP) despite 4.8% revenue growth. Gross margin declined to 33.0% from 33.8%. Reaffirmed guidance suggests no near-term catalyst for margin recovery

Opportunities (8)

  • Pending merger with CECO Environmental ($2.2B) on track for June 2026 close. Stockholder votes scheduled for May 27. Q4 revenue +11% YoY and record EBITDA provide fundamental support. Spread may offer attractive risk/reward

  • Appointed Michael Bonney (former Biogen/Cubist CEO) as Chair. Phase 3 ENSURE trials for vidofludimus calcium in relapsing MS top-line data expected by end of 2026. Bonney's track record (led Cubist to $9.5B Merck acquisition) signals potential value creation

  • Shareholder vote on June 4 for business combination with Legato Merger Corp. III. Pre-money valuation of $1.35B with $300M gross proceeds. Oversubscribed PIPE of $113M indicates strong institutional demand. Ticker 'ENRD' on Nasdaq

  • Record FY2026 revenue with Heavy Materials volumes surging (Cement +8%, Aggregates +24%). Despite earnings decline, the company returned $414M to shareholders. Net leverage of 1.9x is conservative. Infrastructure spending tailwind supports future growth

  • Record new customer wins with 19 contracts and $2.8M TCV. Core subscription ARR per customer doubled to $44,000. Net loss improved to $0.4M from $0.7M. If sales momentum continues, the company could reach profitability

  • Acquired 21 acres with 320 MW power allocation for $58M to build a new data center in the GTA. The power allocation is a scarce resource in Ontario, providing a competitive moat for high-performance computing growth

  • All-cash acquisition by Publicis at $38.50/sh, expected to close by year-end 2026. With 800+ subscription customers and 25% of Fortune 500 as clients, the fundamental business is strong. Regulatory risk appears manageable given the strategic rationale

  • Filing for IPO with earn-out shares vesting at $15 and $18 share price thresholds. Revenue of €154.1M in 2025 with narrowing net losses. The earn-out structure aligns management incentives with shareholder value creation post-IPO

Sector Themes (6)

  • Infrastructure & Heavy Materials Outperformance

    Eagle Materials (Cement +8%, Aggregates +24%) and Thermon Group (revenue +11% YoY) demonstrate strong demand in infrastructure and industrial end-markets. This contrasts with consumer-facing and tech sectors showing margin pressure. Implication: Favor industrials exposed to public and private infrastructure spending.

  • De-SPAC and M&A Wave Accelerating

    Five filings involve SPAC or M&A activity (Einride, LiveRamp, Plum Acquisition, SoftVest/Permian Basin, Thermon/CECO). The $2.2B LiveRamp acquisition and $1.35B Einride de-SPAC highlight strong appetite for data and green tech. Implication: Event-driven strategies focused on de-SPAC arbitrage and merger spreads are timely.

  • Small-Cap Distress Cluster

    Multiple small-cap companies (Natural Alternatives, Ehave, TechPrecision, Energy Vault) show severe financial distress—negative cash flow, margin collapse, liquidity crunches. This suggests a tightening credit environment or sector-specific headwinds. Implication: Avoid speculative small-caps without clear path to profitability; focus on balance sheet quality.

  • Energy Transition & Storage Scaling

    Energy Vault's 156% revenue surge and HIVE Digital's $58M land acquisition for data centers signal scaling in energy storage and high-performance computing. However, Energy Vault's cash burn (operating cash flow -$53.8M) highlights the capital intensity. Implication: The sector offers growth but requires careful monitoring of cash runway and execution.

  • Margin Compression Despite Top-Line Growth

    Home Depot (operating margin -100 bps), Eagle Materials (net earnings -9%), and Thermon (Adjusted EBITDA margin -110 bps) all show margin compression despite revenue growth. This suggests rising input costs, wage inflation, or competitive pricing pressures. Implication: Investors should prioritize companies with pricing power and cost control over pure revenue growth.

  • Governance and Insider Activity Signals

    GitLab's chair converting supervoting shares to common (reducing voting power from 10:1 to 1:1) is a rare de-risking event. InMed's 95% reduction in option exercise price signals desperation for financing. Immunic's appointment of a high-profile biotech CEO signals confidence ahead of Phase 3 data. Implication: Governance changes and insider actions are providing clear signals—follow the smart money.

Watch List (8)

Filing Analyses (50)
HOME DEPOT, INC. 8-K mixed materiality 9/10

19-05-2026

Home Depot reported Q1 FY2026 Q1 sales rose 4.8% YoY to $41.8B, driven by a 0.6% increase in comparable sales and a 2.2% rise in average ticket. However, net earnings declined 4.2% YoY to $3.3B, and diluted EPS fell 4.3% to $3.30, as operating margin contracted 100 bps to 11.9%. The company reaffirmed its FY2026 guidance, including total sales growth of 2.5%-4.5% and flat to 2.0% comparable sales growth.

  • · Foreign exchange rates positively impacted total company comparable sales by approximately 55 basis points.
  • · Gross margin declined to 33.0% from 33.8% in the prior year quarter.
  • · Operating margin contracted 100 bps to 11.9% (GAAP); adjusted operating margin was 12.3% vs 13.2%.
  • · The company operated 2,361 retail stores and over 1,280 SRS locations at quarter end.
  • · Cash provided by operations was $6.0B, up from $4.3B in the prior year quarter.
  • · Capital expenditures were $844M in Q1.
  • · The company paid $2.3B in cash dividends during the quarter.
  • · FY2026 guidance includes: total sales growth ~2.5%-4.5%, comparable sales growth ~flat to 2.0%, ~15 new stores, gross margin ~33.1%, operating margin ~12.4%-12.6%, adjusted operating margin ~12.8%-13.0%, effective tax rate ~24.3%, net interest expense ~$2.3B, diluted EPS growth flat to 4.0% from $14.23, adjusted diluted EPS growth flat to 4.0% from $14.69, capex ~2.5% of sales.
Novelis Inc. 8-K mixed materiality 5/10

19-05-2026

Novelis Inc. reported Q4 FY2026 net loss of $84M vs net income of $294M in the prior year, severely impacted by two fires at its Oswego plant. Full-year net income plunged 98% to $15M. Adjusted EBITDA fell 3% YoY in Q4 to $459M and 9% for the full year to $1.6B, with Oswego fires causing an estimated $104M EBITDA hit and tariffs adding $143M in costs. However, Q4 adjusted EBITDA per tonne rose 10% increased 10% YoY to $544, and the Oswego hot mill is expected to restart ahead of schedule, providing a path to recovery.

Einride AB 425 positive materiality 9/10

19-05-2026

Einride AB and Legato Merger Corp. III announced that the SEC declared effective the Registration Statement on Form F-4 for their proposed business combination, with an Extraordinary General Meeting of Legato shareholders scheduled for June 4, 2026 to approve the transaction. The deal values Einride at a pre-money equity value of $1.35 billion and is expected to deliver approximately $300 million in gross proceeds, including a $113 million oversubscribed PIPE capital raise. The combined company will trade on Nasdaq under the ticker symbol 'ENRD'.

  • · Extraordinary General Meeting of Legato shareholders to approve the transaction is scheduled for June 4, 2026 at 10:00 am ET.
  • · Shareholders of record as of May 7, 2026 are eligible to vote.
  • · The definitive proxy statement/prospectus was filed with the SEC on May 15, 2026.
  • · The business combination agreement was announced on November 12, 2025.
  • · Einride was founded in 2016 and operates digital, electric and autonomous freight solutions across North America, Europe and the Middle East.
  • · Legato Merger Corp. III is a blank check company organized for business combination purposes.
NATURAL ALTERNATIVES INTERNATIONAL INC 10-Q negative materiality 8/10

19-05-2026

Natural Alternatives International Inc (NAII) reported a net loss of $4.3M for Q3 FY2026, widening from a $2.2M loss in the prior year quarter, as gross profit plummeted 79% to $0.4M due to cost of goods sold nearly matching net sales. For the nine months, net loss increased to $7.2M from $6.4M, while net sales grew 23% to $35.5M in Q3 and 13% to $108.0M year-to-date. However, operating loss deepened to $4.0M in Q3 from $2.1M, and cash flow from operations turned negative at -$7.9M for the nine months versus positive $2.6M a year ago.

  • · Cost of goods sold for Q3 FY2026 was $35.1M, nearly equal to net sales of $35.5M, resulting in a gross margin of only 1.1%.
  • · Selling, general and administrative expenses increased 12% to $4.4M in Q3 FY2026 from $3.9M in Q3 FY2025.
  • · Interest expense rose to $0.27M in Q3 FY2026 from $0.25M in the prior year quarter.
  • · Foreign exchange gain of $0.05M in Q3 FY2026 versus a loss of $0.34M in Q3 FY2025.
  • · Net cash used in operating activities for nine months was $7.9M, compared to $2.6M provided in the prior year period.
  • · Borrowings on line of credit increased by $8.1M during the nine months, compared to a net repayment of $1.4M in the prior year period.
  • · Total assets increased to $154.9M at March 31, 2026 from $151.9M at June 30, 2025.
  • · Total liabilities increased to $91.8M from $83.5M, primarily due to higher line of credit balance.
  • · Stockholders' equity decreased to $63.1M from $68.4M, driven by net losses and share repurchases.
  • · The company repurchased 29,884 shares for $0.082M during Q3 FY2026.
InMed Pharmaceuticals Inc. 8-K mixed materiality 6/10

19-05-2026

InMed Pharmaceuticals entered into an amending agreement with Armistice Capital Master Fund Ltd. to reduce the exercise price of outstanding preferred investment options from $16.60 to $0.80 per common share, covering up to 278,761 common shares. The amendment significantly lowers the conversion threshold for Armistice, potentially leading to future dilution for existing shareholders, but no assurance is a necessary step to maintain financing flexibility given the company's current stock price.

  • · The original exercise price was $16.60 per share, set in October 2023.
  • · The amended exercise price is $0.80 per share, a 95.2% reduction.
  • · The options were issued in a private placement under Section 4(a)(2) of the Securities Act and Regulation D.
  • · No assurance is given that any of the options will be exercised.
  • · InMed's pipeline includes programs for Alzheimer's, ocular, and dermatological indications.
INNOVATIVE INDUSTRIAL PROPERTIES INC 8-K neutral materiality 5/10

19-05-2026

Innovative Industrial Properties Inc. (IIPR-PA) subsidiary IIP-MA 7 LLC entered into a loan agreement with Amalgamated Bank on May 18, 2026. The loan is secured by a property leased to Curaleaf Massachusetts, Inc. under a lease dated September 1, 2022. The agreement includes standard financial covenants, a Debt Service Coverage Ratio (DSCR) threshold, and provisions for reserve funds, but no specific loan amount or interest rate is disclosed in the filing.

  • · The loan is secured by a property leased to Curaleaf Massachusetts, Inc. under a lease dated September 1, 2022, as amended February 6, 2025.
  • · The agreement includes a Debt Service Coverage Ratio (DSCR) threshold and provisions for a DSCR Reserve Account if the ratio falls below the threshold.
  • · Data Delivery Failure fees escalate from $5,000 (first failure) to $7,500 (second failure) to a 0.25% interest rate increase for subsequent failures.
  • · The Default Rate is the lesser of the Maximum Legal Rate and 18% per annum.
  • · The loan includes a Static Debt Service Reserve fund requirement.
LiveRamp Holdings, Inc. DEFA14A mixed materiality 9/10

19-05-2026

Publicis Groupe announced an all-cash acquisition of LiveRamp Holdings, Inc. for an enterprise value of $2.2B ($38.5 per share), expected to close by year-end 2026. The deal is projected to be accretive to Publicis' headline EPS from the first year of consolidation, with LiveRamp's FY26 net revenue of $813M (13% 5-year CAGR) and non-GAAP EBITDA margin of 22.4%. However, the acquisition carries execution risks including regulatory approvals and LiveRamp shareholder approval, and Publicis will incur interest expenses on acquisition financing that will slightly dilute EPS by $0.21 per share.

  • · LiveRamp has 800+ subscription customers, with 25% of the Fortune 500 as clients.
  • · LiveRamp's collaboration network includes 25,000+ publisher domains and 500+ data & tech partners across 14 global markets.
  • · Publicis expects to issue new bonds in H2 2026 to finance the acquisition, resulting in maximum net financial leverage of 1.2x in 2027.
  • · Publicis intends to maintain its current BBB+/Baa1 credit ratings.
  • · The acquisition is expected to close by year-end 2026, subject to LiveRamp shareholder approval and regulatory approvals.
  • · Publicis raised its 2027-2028 net revenue growth target to +7% to +8% (from +6% to +7%) and headline EPS growth target to +8% to +10% (from +7% to +9%).
  • · Publicis plans to allocate 45% to 50% of free cash flow to cash dividends with a floor of €3.75 per share, subject to AGM approval on May 27, 2026.
  • · LiveRamp will maintain operational neutrality under an Independence Charter, with no restrictions on access, pricing beyond standard practices, or data usage beyond agreements.
  • · The combined proforma 2026 headline EPS is estimated at €8.07 per share, with run-rate savings adding €0.31 and interest expenses subtracting €0.21.
  • · Publicis cites a strong track record: Epsilon delivered double-digit growth each year from 2021-2024, and bolt-on acquisitions in the past 2 years achieved ~20% per annum organic growth.
MAUI LAND & PINEAPPLE CO INC 8-K neutral materiality 6/10

19-05-2026

Maui Land & Pineapple Company (MLP) entered a non-binding Memorandum of Understanding (MOU) with the County of Maui to negotiate the sale or lease of certain real property and water infrastructure assets in West Maui and Upcountry Maui. The MOU follows over a year of discussions and includes monetary and non-monetary consideration such as water credits and land use support to facilitate housing development. However, the MOU is non-binding and there is no assurance a definitive agreement will be reached.

  • · On September 10, 2025, MLP formed a sub-committee led by Ken Ota to explore strategic sale of water-related assets.
  • · The MOU includes conditions that must be satisfied before a definitive agreement.
  • · The County of Maui has initiated budget allocations toward the potential purchase.
  • · Assets are expected to be valued based on professional appraisals.
One & one Green Technologies. INC F-1 mixed materiality 8/10

19-05-2026

One & One Green Technologies Inc. filed an F-1 registration statement with the SEC on May 18, 2026, for an initial public offering of Class A Ordinary Shares to be listed on the Nasdaq Capital Market. The filing highlights significant risks, including a dual-class voting structure that will concentrate 91.01% of voting power with Chair and CEO Caifen Yan through One and One International Limited, and the potential for the shares to trade as penny stocks below $5.00. The company is a foreign private issuer from the Cayman Islands, which allows it to follow home country governance practices that may provide less protection to shareholders than U.S. standards.

  • · The company is incorporated in the Cayman Islands and will be exempt from certain Nasdaq corporate governance requirements, including independent director majority and shareholder approval for certain transactions.
  • · The dual-class structure gives Class B Ordinary Shares 20 votes per share, while Class A Ordinary Shares have 1 vote per share.
  • · The company may be classified as a PFIC for U.S. tax purposes, which could result in adverse tax consequences for U.S. holders.
  • · The company does not currently plan to pay dividends.
  • · The filing notes that the exercise price is likely to be substantially higher than the current net tangible book value per share, leading to immediate and substantial dilution for investors.
TECHPRECISION CORP 8-K negative materiality 8/10

19-05-2026

TechPrecision Corp (TPCS) subsidiary Ranor Inc. and affiliates entered into a Fourteenth Amendment with Beacon Bank & Trust, extending the maturity date of their $4.5M revolving credit facility from May 15, 2026 to September 15, 2026. The amendment adds covenants requiring the Borrowers to provide a refinancing term sheet by July 31, 2026, and imposes a $15,000 failure-to-perform fee if amounts remain outstanding after the new maturity date. This short-term extension signals potential liquidity pressure, as the company must secure refinancing within four months or face additional costs and potential default.

  • · The amendment is the Fourteenth Amendment to the Amended and Restated Loan Agreement and Tenth Amendment to the Second Amended and Restated Promissory Note.
  • · If the Borrowers fail to provide a refinancing term sheet by July 31, 2026, Beacon may conduct field examinations of all assets and appraisals of all collateral at all locations.
  • · The Borrowers must cooperate with and pay for a lender-ordered appraisal of one of the Company’s properties.
  • · Nonpayment of any outstanding amounts after September 15, 2026 constitutes an event of default.
  • · There is no material relationship between the Borrowers and Beacon other than the loan agreements and past borrowing relationship.
SoftVest Advisors, LLC 425 mixed materiality 8/10

19-05-2026

SoftVest Advisors, LLC and Blackbeard Holdings, LLC announced a proposed business combination with Permian Basin Royalty Trust (NYSE: PBT) to create a diversified, NYSE-listed energy royalty and surface estate company. The transaction would convert PBT's net profits interests into a cost-free 15% royalty interest, eliminate cost exposure, and add approximately 66,500 surface acres via Blackbeard's subsidiary US Land Guild, LLC. However, the term sheet is non-binding, no definitive agreement has been executed, and completion is subject to unitholder approval, regulatory approvals, and other conditions, with no assurance the transaction will be consummated.

  • · The transaction is expected to be presented to PBT unitholders for approval at a meeting to be called in due course; approval requires a simple majority of unitholders constituting a quorum.
  • · SoftVest has engaged Stephens Inc. as financial advisor and Paul Hastings LLP as legal advisor; Blackbeard has engaged Vinson & Elkins LLP as legal advisor.
  • · The term sheet is non-binding and no definitive agreement has been executed; there is no assurance the transaction will be consummated.
  • · SoftVest is acting solely as a minority unitholder of the Trust, not on behalf of the Trust or its trustee.
  • · If pursued, New PubCo will file a registration statement on Form S-4 with the SEC, including a proxy statement/prospectus.
Next Bridge Hydrocarbons, Inc. S-1/A neutral materiality 7/10

19-05-2026

Next Bridge Hydrocarbons, Inc. filed an amended S-1 registration statement with the SEC on May 18, 2026, for a proposed public offering. The filing includes a Placement Agent Agreement with Roth Capital Partners, LLC dated April 30, 2026, and references numerous amendments to loan and promissory note agreements with Gregory McCabe, the Chairman and CEO, indicating ongoing related-party financing. The company has a history of debt restructurings and has not yet provided financial statement schedules, suggesting limited operational scale.

  • · The registration statement references a Series A Redeemable Preferred Stock certificate filed August 26, 2025, and a Series C Preferred Stock certificate correction filed January 20, 2026.
  • · The company has entered into multiple participation agreements with Magnetar Exploration L.P. for the Valentine and Panther prospects, dated March 27, 2024.
  • · A Contribution Agreement with Wildcat Partners SPV, LLC was signed on March 27, 2024.
  • · The filing includes a Subordination Agreement and an Assignment of Net Profits Interest and Irrevocable Option to Convert to Working Interest, both dated August 26, 2025.
  • · The company's independent registered public accountant is M&K CPAS, PLLC.
  • · The filing was signed in Fort Worth, Texas on May 18, 2026.
GAXOS.AI INC. 10-Q/A neutral materiality 3/10

19-05-2026

Gaxos.AI Inc. filed an amendment (10-Q/A) to its Q1 2026 quarterly report solely to correct an inadvertent error in the Section 302 Certifications regarding the number of shares of common stock outstanding as of May 13, 2026. The share count was revised from 7,123,453 to 10,219,934. No financial statements or other disclosures were changed.

  • · The amendment was filed on May 19, 2026, to correct the original filing dated May 14, 2026.
  • · Only the cover page, explanatory note, signature page, and revised Exhibits 31.1 and 31.2 (Section 302 Certifications) are included; paragraph 3 was omitted from the certifications.
  • · The company is a non-accelerated filer, a smaller reporting company, and an emerging growth company.
Financial Insights, Inc. 13F-HR neutral materiality 5/10

19-05-2026

Financial Insights, Inc. filed its Q1 2026 13F-HR, reporting total holdings of $308,597,196 across 130 positions as of March 31, 2026. The portfolio is heavily weighted toward ETFs and large-cap tech giants, with top holdings including SPDR Series Trust (S&P 500 ETF) at $40,981,904, Schwab Strategic US Dividend Equity ETF at $28,871,429, and Microsoft Corp at $16,889,535. No prior-period data is provided, so period-over-period comparisons are not possible.

  • · The filing was signed by Managing Partner Alexandria Criss on May 15, 2026.
  • · All 130 positions are held with sole voting and dispositive power.
  • · The portfolio includes a mix of U.S. large-cap, mid-cap, small-cap, international, sector-specific, and fixed-income ETFs, as well as individual equities.
  • · Notable holdings include $3,360,162 in Amplify CWP Enhanced Dividend ETF (74,920 shares) and $2,050,170 in Amplify CWP International Enhanced Dividend ETF (50,659 shares).
  • · The report covers the period ending March 31, 2026, and was filed with the SEC on May 19, 2026.
Kensington Investment Counsel, LLC 13F-HR neutral materiality 5/10

19-05-2026

Kensington Investment Counsel, LLC filed its 13F-HR for the quarter ended March 31, 2026, reporting a portfolio value of approximately $207.7 million across 83 holdings. The largest positions include Apple Inc. ($15.6M), Microsoft Corp. ($11.2M), and Johnson & Johnson ($6.7M). The filing reflects the firm's equity holdings as of the reporting date.

  • · The portfolio consists of 83 holdings with a total value of $207,728,431.
  • · Top holdings by value: Apple Inc. ($15,557,327), Microsoft Corp. ($11,195,051), Johnson & Johnson ($6,699,856), AbbVie Inc. ($8,158,702), JPMorgan Chase & Co. ($8,116,757).
  • · The filing includes common stocks, ETFs, ADRs, and REITs.
  • · All holdings are listed with sole voting and dispositive power.
AlphaVest Acquisition Corp. 10-Q mixed materiality 7/10

19-05-2026

AlphaVest Acquisition Corp. reported a net income of $145,601 for Q1 2026, reversing a net loss of $77,177 in Q1 2025. However, total revenues declined 33.9% to $1,184,616 from $1,792,525, driven by a sharp drop in product revenue. Cash and cash equivalents decreased to $6,632,619 from $7,004,601 at year-end 2025.

  • · Gross profit improved to $1,020,656 from $488,330, a 109% increase.
  • · Operating income was $128,539 compared to an operating loss of $747,753.
  • · Total operating expenses decreased 27.8% to $892,117 from $1,236,083.
  • · Cash used in operating activities was $391,580 vs. cash provided of $203,985 in prior year.
  • · Accounts receivable - related party increased to $3,114,877 from $2,065,890.
  • · Inventories decreased to $914,678 from $1,069,465.
  • · Accumulated deficit improved to $27,192,508 from $27,338,109.
Seven Six Capital Management, LLC 13F-HR neutral materiality 5/10

19-05-2026

Seven Six Capital Management, LLC filed its quarterly 13F-HR for the period ending March 31, 2026, disclosing 25 equity holdings with a total market value of approximately $92.98 million. The portfolio is concentrated in mid-cap value and special situation names, with top positions in Boyd Gaming ($10.3M), Amcor PLC ($8.9M), and Graphic Packaging ($5.8M). The filing shows a diversified mix across gaming, packaging, transportation, and consumer discretionary sectors, but no prior quarter comparison is available to assess turnover or performance trends.

  • · The filing was signed by Matthew Weissman, CFO/COO, on May 15, 2026.
  • · All 25 positions are held with sole voting and dispositive power; no shared or non-voting positions reported.
  • · Smallest position by market value: Janus International Group ($602,550).
  • · Smallest position by share count: ArcBest Corp (42,608 shares).
  • · Sector exposure includes gaming (Boyd, Penn), packaging (Amcor, Crown, Graphic Packaging), automotive (Asbury, Stellantis, Whirlpool), and food service (Dine Brands, Jack in the Box, Lamb Weston).
H&H International Investment, LLC 13F-HR neutral materiality 6/10

19-05-2026

H&H International Investment, LLC filed its Form 13F-HR for the quarter ended March 31, 2026, reporting a portfolio valued at approximately $20.0 billion across 19 equity holdings. The largest positions include Apple Inc. ($7.35B), Alphabet Inc. Class C ($1.06B), NVIDIA Corporation ($2.41B), PDD Holdings Inc. ($2.02B), and Berkshire Hathaway Inc. Class B ($4.38B). No prior quarter comparison is available in this filing, so period-over-period changes cannot be assessed.

  • · The filing was signed by Eric Hu, Chief Compliance Officer, on May 15, 2026.
  • · All 19 positions are held with sole voting and dispositive power; no shared or non-voting positions reported.
  • · Top 5 holdings (Apple, Berkshire Hathaway, NVIDIA, PDD Holdings, Tesla) represent approximately 87% of total portfolio value.
  • · Other notable holdings include Occidental Petroleum ($667M, 10.26M shares), Disney ($145.7M, 1.51M shares), and Microsoft ($376.1M, 1.02M shares).
  • · Smaller positions include CrowdStrike Holdings ($3.9M), Snowflake ($1.5M), Synopsys ($3.96M), and Tempus AI ($904K).
HIVE Digital Technologies Ltd. 8-K positive materiality 7/10

19-05-2026

HIVE Digital Technologies Ltd. announced that its subsidiary, BUZZ High Performance Computing Inc., completed the acquisition of two parcels of land totaling approximately 21 acres for a combined purchase price of $58 million. The contiguous site benefits from a 320 MW power allocation, supporting the company's plans to develop a new data center facility in the Greater Toronto Area. No negative or flat metrics were reported in this filing.

  • · The acquisition was completed by wholly owned subsidiary BUZZ High Performance Computing Inc.
  • · The Main Parcel was purchased for $46 million and the Additional Parcel for $12 million.
  • · The combined contiguous site has a 320 MW power allocation.
  • · The company plans to develop a new data center facility in the Greater Toronto Area.
Myseum, Inc. 8-K neutral materiality 4/10

19-05-2026

Myseum.AI (Nasdaq: MYSE) issued a shareholder letter and corporate update on May 18, 2026, highlighting progress on its privacy-first, localized agentic AI platform and the Picture Party social sharing platform launched in January 2026. The company announced the appointment of Ian Goldberg to head marketing, partnerships, and monetization, and reported its IP portfolio now includes 20 issued patents. However, the filing contains no specific financial metrics, user numbers, or revenue data, and the forward-looking statements caution that actual results may differ materially from expectations.

  • · Picture Party by Myseum.AI launched in January 2026.
  • · The company changed its name from DatChat Inc. to Myseum.AI, Inc. effective August 7, 2025.
  • · Ian Goldberg previously founded iSport360, which was acquired by Signature Athletics in 2025, and scaled a youth sports content platform reaching 3.5 million parents and coaches.
  • · A desktop version of Picture Party is expected later this year.
  • · Series A Warrants (MYSEW) are exercisable for one share of Common Stock at an exercise price of $49.80.
PINNACLE WEST CAPITAL CORP 8-K positive materiality 5/10

19-05-2026

Pinnacle West Capital Corporation held its Annual Meeting on May 14, 2026, where shareholders elected ten directors, approved an advisory vote on executive compensation, and ratified Deloitte & Touche LLP as independent accountant for 2026. All proposals passed with strong support, though there were notable broker non-votes and some withhold votes.

  • · Proposal 1: All ten director nominees received over 99.5 million votes for, with the lowest being Glynis A. Bryan at 95,980,735 for and 5,797,567 withheld.
  • · Proposal 2: Advisory vote on executive compensation passed with 98,755,016 for, 2,750,428 against, and 272,858 abstentions.
  • · Proposal 3: Ratification of Deloitte & Touche LLP received 107,509,825 for, 2,819,186 against, and 165,273 abstentions.
  • · Broker non-votes were 8,715,982 for each director election and for Proposal 2, but none for Proposal 3.
FortuneX Acquisition Corp S-1/A mixed materiality 8/10

19-05-2026

FortuneX Acquisition Corp filed an S-1/A registration statement for an IPO of 7,500,000 units (8,625,000 if over-allotment exercised) at $10.00 per unit, with gross proceeds of $75,000,000 ($86,250,000 with over-allotment). The SPAC will deposit $10.05 per unit into a trust account, targeting a business combination with no specific target identified. However, public shareholders face immediate and substantial dilution, with pro forma net tangible book value per share ranging from $5.92 (25% redemptions) to negative ($0.76) (100% redemptions) without over-allotment, and dilution per share from $4.08 to $10.76.

  • · The SPAC qualifies as an 'emerging growth company' under the JOBS Act, subject to reduced reporting requirements.
  • · The offering is on a firm commitment basis with Polaris Advisory Partners as sole book-running manager.
  • · The trust account will hold $10.05 per unit, including the greater of 5% of gross proceeds or the deferred underwriting fee.
  • · The initial business combination target must have an aggregate fair market value of at least 80% of the trust account balance.
  • · The Sponsor acquired founder shares at a nominal price, leading to substantial dilution for public shareholders.
  • · Pro forma net tangible book value per share without over-allotment: $5.92 (25% redemptions), $4.85 (50%), $3.03 (75%), ($0.76) (100%).
  • · Pro forma net tangible book value per share with over-allotment: $5.93 (25% redemptions), $4.86 (50%), $3.03 (75%), ($0.79) (100%).
  • · Dilution to public shareholders without over-allotment ranges from $4.08 to $10.76 per share depending on redemption level.
  • · The company has no operations and no specific business combination under consideration as of the filing date.
  • · The company was incorporated in the Cayman Islands on February 16, 2026.
TEREX CORP DEFA14A neutral materiality 2/10

19-05-2026

Terex Corporation filed a DEFA14A supplement to its 2026 proxy statement to clarify voting standards for the upcoming annual meeting on June 25, 2026. Directors will be elected by a majority of votes cast (more for than against), while all other matters require affirmative majority of shares present or represented. Abstentions count as negative votes, and broker non-votes have no effect on outcomes except for the ratification of KPMG as auditor, where brokers have discretionary authority.

  • · Annual meeting will be held virtually on June 25, 2026 at 10:00 a.m. Eastern Time.
  • · Common stock par value is $0.01 per share.
  • · Brokers may vote on ratification of KPMG without instructions but not on director elections, executive compensation, or the 2026 Omnibus Incentive Plan.
  • · Supplement was filed and made available to stockholders on May 18, 2026.
  • · Stockholders who already voted do not need to vote again unless they wish to change or revoke their prior vote.
ARC Group Securities Acquisition I S-1/A neutral materiality 6/10

19-05-2026

ARC Group Securities Acquisition I filed an S-1/A registration statement on May 19, 2026, for its initial public offering of units consisting of Class A ordinary shares and warrants. The filing details the proposed offering size, use of proceeds, and the sponsor's ownership structure, including Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised. The company has no operating history and is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

  • · The filing is an amendment (S-1/A) to the initial registration statement.
  • · The company is a blank check company (SPAC) focused on a business combination.
  • · Class B ordinary shares are held by the sponsor and are subject to forfeiture if the over-allotment option is not exercised.
  • · The filing includes detailed per-share data tables under various redemption scenarios (0%, 25%, 50%, 75%, 100%) and with/without the over-allotment option.
  • · The offering includes private placement units sold to the sponsor.
  • · The company has no prior operating revenue or earnings.
SCHMID Group N.V. F-1 mixed materiality 8/10

19-05-2026

SCHMID Group N.V. filed an F-1 registration statement for its IPO on May 19, 2026. The filing reveals a mixed financial performance: revenue grew to €154.1 million in 2025 from €164.7 million in 2024, a decline of 6.4% YoY, while net losses narrowed significantly. The company also disclosed earn-out share vesting conditions tied to share price thresholds of $15.00 and $18.00, and various debt set-off agreements with related parties.

  • · Earn-out shares vest if share price exceeds $15.00 or $18.00 per share.
  • · The company entered into set-off and debt assumption agreements on April 24, 2026, involving loans from shareholders, related parties, and third parties.
  • · Revenue from Technical Equipment and Processes segment declined significantly from 2023 to 2025.
  • · The company has significant currency risk exposure to USD/EUR and CNY/EUR.
  • · Warrants outstanding as of December 31, 2025.
Dutch Bros Inc. 8-K/A neutral materiality 3/10

19-05-2026

Dutch Bros Inc. held its 2026 annual stockholders' meeting on May 13, 2026, with 95.2% of voting power represented. All nine director nominees were elected, and both the ratification of KPMG as independent auditor and the advisory vote on executive compensation were approved. The filing is an amendment solely to correct the company's principal executive office address.

  • · The filing is an amendment (8-K/A) filed on May 19, 2026, solely to correct the principal executive office address on the cover page of the original 8-K filed May 15, 2026.
  • · Record date for the annual meeting was March 20, 2026.
  • · All nine director nominees were elected with votes ranging from 401,472,810 (Ann Miller) to 437,150,194 (Christine Barone) in favor.
  • · Ratification of KPMG LLP as independent auditor received 456,580,917 votes for, 1,658,742 against, and 217,705 abstentions.
  • · Advisory vote on named executive officer compensation received 437,453,320 votes for, 1,088,485 against, and 163,351 abstentions.
  • · Broker non-votes totaled 19,752,208 for each director election and the compensation proposal.
Plum Acquisition Corp, IV 425 mixed materiality 6/10

19-05-2026

Plum Acquisition Corp. IV (PLMKW) filed an 8-K announcing an amendment to its Business Combination Agreement with Controlled Thermal Resources Holdings Inc. The amendment extends key deadlines: the Company now has until June 15, 2026 to deliver financial statements (previously May 15, 2026, and until June 30, 2026 for pro forma financial information. Antitrust filing deadlines are pushed to July 31, 2026 from April 17, 2026. While the extension provides more time to complete the de-SPAC transaction, it also signals delays in the merger process, which could increase execution risk and timeline uncertainty for investors.

  • · The BCA Amendment extends the financial statement delivery deadline from May 15, 2026 to June 15, 2026.
  • · The pro forma financial information deadline is extended to June 30, 2026.
  • · Antitrust filing deadline extended from April 17, 2026 to July 31, 2026.
  • · Material consent delivery deadlines extended to dates listed on Schedule 8.01(m).
  • · The transaction involves Plum IV's de-SPAC merger with Controlled Thermal Resources, a lithium and critical minerals development company focused on the Hell's Kitchen Project.
  • · Plum IV is an emerging growth company and has elected not to use the extended transition period for complying with new accounting standards.
Plum Acquisition Corp, IV 8-K mixed materiality 6/10

19-05-2026

Plum Acquisition Corp. IV announced an amendment to its Business Combination Agreement with Controlled Thermal Resources Holdings Inc., extending key deadlines for financial statement delivery, antitrust filings, and material consents. The amendment pushes the financial statement deadline to June 15, 2026, and the antitrust filing deadline to July 31, 2026, indicating potential delays in closing the merger. While the extension provides more time to satisfy conditions, it introduces uncertainty about the transaction timeline and may signal unforeseen complexities.

  • · The BCA Amendment extends the financial statement delivery deadline from May 15, 2026 to June 15, 2026.
  • · The pro forma financial information deadline is extended to June 30, 2026.
  • · Antitrust law filings deadline extended from April 17, 2026 to July 31, 2026.
  • · Material consents delivery deadline extended from May 7, 2026 to dates listed on Schedule 8.01(m).
  • · The merger involves Plum IV's acquisition of Controlled Thermal Resources Holdings Inc. via a merger subsidiary.
  • · Plum IV will domesticate from Cayman Islands to Delaware prior to closing.
  • · The combined company's securities are expected to trade on Nasdaq.
  • · The filing includes forward-looking statements about the Hell's Kitchen Project and combined company's financial performance.
Bridgeline Digital, Inc. 8-K mixed materiality 7/10

19-05-2026

Bridgeline Digital reported Q2 FY2026 revenue of $3.9M, flat YoY, and subscription revenue of $3.1M, also flat YoY. However, the company achieved record new customer wins with 19 new subscription contracts totaling $2.8M in total contract value and $875K in annual recurring revenue, while core subscription ARR per new customer doubled to $44,000 from $21,000. Net loss improved to $0.4M from $0.7M in the prior year period, but gross margin declined to 64% from 68%.

  • · Core revenue grew to 61% of total revenue and 65% of subscription revenue, both increasing from prior quarter and prior year.
  • · Subscription revenue as a percentage of total revenue improved to 80% from 79% YoY.
  • · Services gross margin declined to 47% from 52% YoY.
  • · Operating expenses decreased 11.8% YoY to $3.0M.
  • · HawkSearch received multiple 2026 honors from Info-Tech Research Group including Leader in Enterprise Search.
  • · A leading global gas provider selected HawkSearch for a technically complex multi-lingual, multi-site implementation.
  • · A wholesale distributor selected HawkSearch across five sites on OroCommerce with potential expansion to eight sites.
  • · A national industrial supplier selected HawkSearch for specification-driven catalog search.
  • · An Australia-based global electrical wholesaler selected HawkSearch with expansion potential to a second website.
  • · A leading home décor brand selected HawkSearch for four ecommerce sites, originated through a customer referral.
  • · Barron Designs and AZ Faux, serving 270,000 monthly visitors, selected HawkSearch.
  • · A leading industrial distributor, first Unilog customer using HawkSearch connector, selected after proof-of-concept.
  • · Precision metalworking manufacturer with 80+ years heritage selected HawkSearch for WooCommerce platform.
NEWS CORP 8-K neutral materiality 4/10

19-05-2026

News Corp filed an 8-K on May 19, 2026, disclosing that it has provided daily transaction disclosures to the Australian Securities Exchange (ASX) regarding its ongoing stock repurchase program, which authorizes up to $1 billion in aggregate share repurchases of Class A and Class B common stock. The filing includes forward-looking statements about the company's intent to repurchase shares from time to time, subject to market conditions and other factors.

  • · The repurchase program covers both Class A common stock (ticker NWSA) and Class B common stock (ticker NWS), both listed on The Nasdaq Global Select Market.
  • · The company is required to provide daily transaction disclosures to the ASX under ASX rules.
  • · The filing includes forward-looking statements regarding the company's intent to repurchase shares, subject to changes in market price, general market conditions, securities laws, and alternative investment opportunities.
Energy Vault Holdings, Inc. 10-Q mixed materiality 8/10

19-05-2026

Energy Vault Holdings, Inc. reported Q1 2026 revenue of $21.9M, up 156% YoY from $8.5M, driven by a surge in energy storage product sales ($19.7M vs $4.9M). However, the company's net loss widened to $32.5M from $21.1M, and operating expenses rose 12.5% to $29.0M, primarily due to higher G&A costs. Cash used in operations increased sharply to $53.8M from $2.7M, while total stockholders' equity fell 55% to $30.5M from $67.5M at year-end 2025.

  • · Revenue from sale of energy storage products surged to $19.7M in Q1 2026 from $4.9M in Q1 2025.
  • · IP licensing revenue dropped sharply from $3.3M to $15K YoY.
  • · General and administrative expenses rose 21.3% to $21.2M from $17.5M.
  • · Cash used in operating activities was $53.8M in Q1 2026 vs $2.7M in Q1 2025.
  • · The company issued $150M in debt and repaid $56.5M during Q1 2026.
  • · Total restricted cash increased to $61.9M from $45.2M at year-end 2025.
  • · Contract liabilities grew to $15.4M from $6.6M at December 31, 2025.
  • · Net loss per share was $(0.20) in Q1 2026 vs $(0.14) in Q1 2025.
Entrada Therapeutics, Inc. 8-K neutral materiality 3/10

19-05-2026

Entrada Therapeutics, Inc. filed a Form 8-K on May 18, 2026, to furnish an updated corporate presentation for use in meetings with investors, analysts, and others. The presentation is attached as Exhibit 99.1 and is provided under Regulation FD. No specific financial results or material changes were disclosed in the filing itself.

  • · The filing is a Regulation FD disclosure, meaning the presentation is furnished, not filed, and not subject to Section 18 liability.
  • · The presentation is dated May 2026 and was updated on May 18, 2026.
  • · The registrant is an emerging growth company and has not elected to use the extended transition period for complying with new or revised financial accounting standards.
Catholic Responsible Investments Funds DEFA14A neutral materiality 4/10

19-05-2026

Catholic Responsible Investments Funds (CRI) filed a DEFA14A on May 19, 2026, seeking shareholder approval to transition the CRI Small-Cap Fund from a passively managed small-cap strategy to an actively managed small- and mid-cap (SMID) strategy with a multi-manager structure. The filing contains no financial data or period-over-period comparisons, only a strategic proposal aimed at pursuing diversified alpha sources and stronger long-term outcomes for Catholic investors.

  • · The filing is a DEFA14A (definitive additional proxy materials) filed on May 19, 2026.
  • · The proposal introduces a multi-manager structure for the Small-Cap Fund.
  • · The fund currently follows a passively managed small-cap strategy.
  • · The proposed strategy expands to small- and mid-cap (SMID) stocks.
  • · CBIS believes small-cap and SMID markets reward skilled active management.
  • · No financial figures, performance data, or period-over-period comparisons are included in the filing.
East West Ave Acquisition Corp. S-1/A neutral materiality 5/10

19-05-2026

East West Ave Acquisition Corp. filed an S-1/A registration statement on May 19, 2026, detailing its proposed IPO of units at $10.00 per unit. The filing includes extensive sensitivity analysis of net tangible book value (NTBV) per share under various redemption and over-allotment scenarios, with no prior-period data for comparison. The offering is structured as a SPAC, with proceeds held in trust and subject to public shareholder redemption.

  • · The filing includes scenarios for no over-allotment, full over-allotment, and redemption levels from 0% to 100% of maximum.
  • · Under the no over-allotment, no redemption scenario, net proceeds from the offering and private units are calculated.
  • · The filing details common shares issued and outstanding prior to the offering, shares forfeited if over-allotment is not exercised, and shares included in units offered, private units, and representative shares.
  • · Offering costs accrued for and paid in advance are excluded from tangible book value calculations.
  • · Proceeds subject to redemption are modeled under each redemption scenario.
Ehave, Inc. 20-F/A negative materiality 8/10

19-05-2026

Ehave, Inc. filed its annual report (20-F/A) for the year ended December 31, 2025, reporting a minimal revenue of $2,183 compared to zero in 2024, while its net loss attributable to stockholders widened to $2,475,520 from $2,118,612 in the prior year. The company's cash balance declined to $791,432 from $833,125, and total stockholders' deficit deepened to $9,446,683 from $7,886,435, reflecting ongoing operational challenges and reliance on financing activities.

  • · Operating loss widened to $3,295,933 in FY2025 from $2,503,856 in FY2024, a 31.6% increase.
  • · Interest expense increased to $460,546 from $245,018, driven by new related-party interest of $44,528.
  • · Amortization expense rose 76.1% to $1,175,726 from $667,883.
  • · Shares outstanding surged to 1,482,014,555 from 359,571,047, a 312% increase, primarily due to stock issued for settlements and intangibles.
  • · Non-cash financing activities included $2,800,000 of common stock issued for intangible assets.
  • · Net cash used in operating activities was $264,202, slightly higher than $248,407 in the prior year.
  • · The company had no long-term debt as of December 31, 2025.
  • · Accumulated deficit reached $40,767,900, up from $38,292,380.
  • · The auditor's report is dated May 15, 2026, and the company has been audited by Fruci & Associates II, PLLC (PCAOB ID #05525) since 2023.
SolarMax Technology, Inc. 8-K neutral materiality 3/10

19-05-2026

On May 18, 2026, SolarMax Technology, Inc. filed an 8-K reporting the resignation of director Steve Chen effective March 18, 2026, due to health reasons. Mr. Chen served on the Corporate Governance and Nominating Committee. The filing includes no financial data or period comparisons.

  • · Resignation effective March 18, 2026, but reported on May 18, 2026.
  • · Mr. Chen was a member of the Corporate Governance and Nominating Committee.
Gitlab Inc. 8-K neutral materiality 6/10

19-05-2026

GitLab Inc. disclosed that Executive Chair Sytse Sijbrandij converted all of his Class B common stock into Class A common stock on May 14, 2026 for personal tax planning purposes, reducing his voting power from 10 votes per share to 1 vote per share. Additionally, a pre-arranged 10b5-1 trading plan executed a transaction on May 18, 2026, though Sijbrandij remains the largest individual Class A shareholder and his position as Executive Chair is unchanged.

  • · The conversion was not made in connection with a purchase or sale of GitLab stock.
  • · Sijbrandij entered into a Rule 10b5-1 trading plan in December 2025, which executed a transaction on May 18, 2026.
  • · The conversion was not the result of any disagreement with the Company.
  • · Sijbrandij remains the largest individual shareholder of the Company’s Class A common stock.
Bleichroeder Acquisition 2 France 425 positive materiality 8/10

19-05-2026

Aramco and Pasqal have launched Saudi Arabia's first quantum computer and the Middle East's first commercial Quantum Computing as a Service (QCaaS) platform, located at Aramco's data center in Dhahran. The Pasqal Quantum Processing Unit (QPU), deployed in November 2025, controls 200 programmable qubits and is now entering active operation. The announcement also highlights Pasqal's planned Nasdaq listing via a business combination with Bleichroeder Acquisition Corp. II (Nasdaq: BBCQ).

  • · Pasqal was founded in 2019 and has raised over USD 500M in total funding.
  • · Pasqal employs over 275 people and serves over 25 clients and partners.
  • · The QPU was first deployed in November 2025 and is now entering active operation.
  • · Wa'ed Ventures initially invested in Pasqal in January 2023.
  • · Aramco workstreams include port logistics optimization, CO₂ storage optimization, well placement, rig scheduling, and quantum workforce building.
  • · Pasqal is pursuing a Nasdaq listing via a business combination with Bleichroeder Acquisition Corp. II (Nasdaq: BBCQ).
HEARTLAND EXPRESS INC 8-K neutral materiality 3/10

19-05-2026

Heartland Express, Inc. approved salary increases and immediate-vest equity grants for three named executive officers on May 14, 2026, 2026. The increases ranged from $9,100 to $11,024, and each officer received 500 immediately-vesting restricted shares. No negative or flat metrics are present in this filing.

  • · The salary increases were effective immediately as of May 14, 14, 2026.
  • · The equity awards were granted on May 15, 2026 under the Company's 2021 Restricted Stock Award Plan.
  • · All 500 shares per officer vested immediately upon grant.
H2O AMERICA 8-K positive materiality 5/10

19-05-2026

H2O America held its 2026 stockholders' meeting on May 13, 2026, where all three proposals were approved: election of nine director nominees, advisory approval of executive compensation, and ratification of Deloitte & Touche LLP as independent auditor. All directors received strong support with 'for' votes ranging from approximately 34.2 million to 35.3 million, while the auditor ratification passed with 38.4 million votes in favor.

  • · Broker non-votes totaled 3,289,848 for all director elections and the advisory compensation vote, but were zero for the auditor ratification.
  • · The advisory vote on executive compensation received 34,474,021 'for' votes, 908,548 'against', and 96,246 abstentions.
  • · Auditor ratification received 38,440,303 'for' votes, 267,952 'against', and 60,408 abstentions.
FG Nexus Inc. 8-K neutral materiality 4/10

19-05-2026

FG Nexus Inc. announced a cash dividend of $0.50 per share on its 8.00% Cumulative Preferred Stock, Series A (FGNXP) for the period March 15, 2026 to June 14, 2026. 2026. The dividend is payable on June 15, 2026 to holders of record on June 1, 2026. No other financial results or operational updates were disclosed in this filing.

  • · The dividend covers the period from March 15, 2026 to June 14, 2026.
  • · Record date for the dividend is June 1, 2026.
  • · The filing is a Regulation FD disclosure under Item 7.01 and is furnished, not filed.
GRANITE CONSTRUCTION INC 8-K neutral materiality 7/10

19-05-2026

Granite Construction Incorporated priced a private offering of $600.0 million in aggregate principal amount of 6.375% senior notes due 2034. The offering is expected to close on June 2, 2026, subject to customary conditions. The notes have not been registered under the Securities Act and are being offered in a private placement.

  • · The offering is exempt from registration under the Securities Act of 1933.
  • · The notes may not be offered or sold in the U.S. absent registration or an applicable exemption.
  • · The filing is under Item 7.01 Regulation FD Disclosure and Item 9.01 Financial Statements and Exhibits.
MAIA Biotechnology, Inc. DEFA14A neutral materiality 4/10

19-05-2026

MAIA Biotechnology filed an amendment to its proxy statement on May 19, 2026, disclosing related-party compensation paid to Radu Vitoc, brother of CEO Vlad Vitoc. Total compensation to Radu Vitoc increased 18.2% year-over-year to $286,321 in 2025 (from $242,102 in 2024), with cash compensation rising 23.5% to $213,000. The filing updates the original proxy statement ahead of the annual meeting scheduled for May 21, 2026.

  • · The original proxy statement was filed on April 7, 2026, for the annual meeting originally scheduled for June 9, 2025 (note: the filing text contains an apparent date inconsistency).
  • · The amendment updates only the 'CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS' section.
  • · The company states that Mr. Vitoc's compensation in each year was 'in line with industry standards.'
  • · Stockholders who already submitted proxies do not need to resubmit unless they wish to change their vote.
Wellgistics Health, Inc. 8-K neutral materiality 3/10

19-05-2026

Wellgistics Health, Inc. (WGRX) filed an 8-K on May 19, 2026, announcing that it will report its first quarter 2026 financial results after market close on the same day. The press release was issued on May 15, 2026, and is furnished as Exhibit 99.1. No financial figures or performance comparisons are provided in this filing.

  • · The press release was issued on May 15, 2026, and is furnished as Exhibit 99.1.
  • · The filing is made under Item 7.01 (Regulation FD Disclosure) and Item 9.01 (Financial Statements and Exhibits).
  • · The company is an emerging growth company as defined under the Securities Act.
  • · The report was signed on May 18, 2026, by CEO Prashant Patel.
3 KNIGHTS DYNAMICS GROUP Ltd F-1 neutral materiality 8/10

19-05-2026

3 Knights Dynamics Group Ltd, a Cayman Islands holding company with operations in Malaysia, filed an F-1 registration statement for an initial public offering of up to 5,750,000 Class A Ordinary Shares (including over-allotment) on Nasdaq at an expected price range of $4 to $5 per share. The company will be a 'controlled company' post-offering, with its Controlling Shareholder (WLG Holdings Sdn. Bhd.) holding approximately 59.33% of shares and 82.06% of voting power. Proceeds are allocated 40% to technology infrastructure, 20% to geographic expansion, 20% to business development, and 20% to working capital.

  • · The company is a foreign private issuer and may take advantage of reduced disclosure requirements until it ceases to qualify.
  • · The company will be a 'controlled company' under Nasdaq rules, exempt from certain corporate governance requirements (majority independent board, independent nominating/compensation committees), though it does not plan to rely on these exemptions initially.
  • · The financial statements are prepared under IFRS, not U.S. GAAP, and no reconciliation is provided.
  • · The over-allotment option is exercisable within 45 days after the closing of the offering.
  • · The company's fiscal year ends August 31.
  • · The independent registered public accounting firm is WS & CO PLT.
EAGLE MATERIALS INC 8-K mixed materiality 9/10

19-05-2026

Eagle Materials reported record annual revenue of $2.3 billion for fiscal 2026, up 2% year-over-year, driven by strong performance in Heavy Materials (Cement volume +8%, Aggregates volume +24%). However, net earnings declined 9% to $423.8 million and Adjusted EBITDA fell 5% to $774.5 million, reflecting lower Gypsum Wallboard sales volume and prices in the Light Materials sector. The company returned $414 million to shareholders via buybacks and dividends while maintaining a net leverage ratio of 1.9x.

  • · Gross profit margin for fiscal 2026 was 28.3%.
  • · Cement average annual net sales price decreased 1% to $155.18 per ton in fiscal 2026.
  • · Gypsum Wallboard average net sales price for Q4 fiscal 2026 was $213.27 per MSF, down 8% YoY and sequentially down approximately $12 per MSF, with $2 of that due to higher freight costs.
  • · Recycled Paperboard average net sales price for Q4 fiscal 2026 was $587.33 per ton, down 1% YoY.
  • · Corporate G&A expenses increased 21% in fiscal 2026 due to $4.8 million in technology upgrade costs and $7.8 million in compensation-related costs.
  • · Concrete and Aggregates reported a Q4 operating loss of $2.6 million, compared with a loss of $9.4 million in the prior-year Q4 (which included $1.9 million of acquisition-related expenses).
  • · The Mountain Cement plant modernization is approximately 60% complete, with commissioning of the new kiln line expected in late calendar 2026.
  • · Construction on the Duke, Oklahoma wallboard plant modernization started in fall 2025, with commissioning expected in the second half of calendar 2027.
  • · Net leverage ratio (net debt to Adjusted EBITDA) was 1.9x at year-end.
  • · Hazard observation reporting improved by 24% in fiscal 2026.
Thermon Group Holdings, Inc. 8-K mixed materiality 9/10

19-05-2026

Thermon Group Holdings reported Q4 FY2026 revenue of $148.3M (+11% YoY) and full-year revenue of $536.3M (+8% YoY), with record Adjusted EBITDA of $119.6M (+9% YoY). However, GAAP net income declined sharply: Q4 net income fell 84% to $2.7M ($0.08 EPS) and full-year net income dropped 17% to $44.6M ($1.36 EPS), impacted by higher SG&A costs related to the pending CECO transaction and growth investments. The company's pending merger with CECO Environmental Corp. (valued at ~$2.2B) remains on track to close in June 2026, with stockholder votes scheduled for May 27, 2026.

  • · Q4 FY2026 gross margin was 44.0%, down from 44.3% in Q4 FY2025 due to increased CAPEX activity and product mix.
  • · Q4 FY2026 SG&A expenses rose to $52.3M from $32.8M in Q4 FY2025, driven by CECO transaction costs, growth investments, and higher performance-based compensation.
  • · Adjusted EBITDA margin declined to 21.6% in Q4 FY2026 from 22.7% in Q4 FY2025 due to higher variable costs.
  • · Full-year FY2026 Adjusted EBITDA margin improved to 22.3% from 21.9% in FY2025.
  • · Book-to-bill ratio was 0.97x in Q4 FY2026 and 1.03x for full-year FY2026.
  • · Working capital increased 21% YoY to $202.5M as of March 31, 2026.
  • · Capital expenditures were $3.5M in Q4 FY2026, up 12.9% from $3.1M in Q4 FY2025.
  • · The pending CECO merger is valued at approximately $2.2 billion, with CECO shareholders expected to own ~62.5% and Thermon shareholders ~37.5% of the combined company.
  • · CECO reported strong Q1 2026 performance with revenue and adjusted EBITDA growth of 25% and 45%, respectively.
  • · Thermon is not hosting a conference call and has withdrawn financial guidance due to the pending merger.
SITIME Corp 8-K neutral materiality 6/10

19-05-2026

SiTime Corporation filed an 8-K on May 19, 2026, providing financial statements and pro forma information related to its acquisition of Renesas' Timing Product Business, which was previously announced on February 4, 2026. The filing includes audited combined financials for the Timing Product Business for fiscal years 2024 and 2025, unaudited interim financials for Q1 2026 and 2025, and pro forma combined financials illustrating the impact of the acquisition. No specific financial figures or performance trends are disclosed in the filing itself.

  • · The acquisition was initially disclosed via an 8-K on February 4, 2026.
  • · The filing includes audited combined financial statements for the Timing Product Business for years ended December 31, 2025 and 2024.
  • · The filing includes unaudited interim combined financial statements for the three months ended March 31, 2026 and 2025.
  • · Pro forma condensed combined financial information is provided as if the acquisition occurred on March 31, 2026 (balance sheet) and January 1, 2025 (income statements).
  • · The pro forma financials are for illustrative purposes only and do not represent actual or projected results.
Ambow Education Holding Ltd. 8-K neutral materiality 3/10

19-05-2026

Ambow Education Holding Ltd. (NYSE American: AMBO) announced the launch of the HybriU Collaboration Board, a new AI-powered phygital product that enables real-time interactive whiteboard collaboration via a single QR code scan, with no software installation or account creation required. The product is available immediately globally and targets corporate meetings, classrooms, workshops, and live events. No financial figures or performance metrics were disclosed in this filing.

  • · The HybriU Collaboration Board supports multi-format content including PDFs, PowerPoint presentations, images, sketches, and drawings.
  • · Participants can join from any device with a single QR code scan; no software installation or account creation is required.
  • · The product is available immediately starting May 19, 2026, through www.hybriu.com/products/collaboration-board.
  • · The filing contains no financial data, revenue figures, or performance metrics.
IMMUNIC, INC. 8-K positive materiality 6/10

19-05-2026

Immunic, Inc. announced the appointment of Michael W. Bonney as Chair of its Board of Directors effective May 16, 2026. Bonney brings over 30 years of biopharmaceutical leadership, including key roles at Biogen (Avonex launch) and as CEO of Cubist Pharmaceuticals. Simona Skerjanec transitions from Interim Chair to board member. The appointment comes ahead of phase 3 ENSURE trial readouts for vidofludimus calcium in relapsing MS, expected by end of 2026.

  • · Bonney played key role in launch and growth of Avonex (multiple sclerosis) and led Cubist through acquisition by Merck for ~$9.5B.
  • · Phase 3 ENSURE trials for vidofludimus calcium in relapsing MS top-line data expected by end of 2026.
  • · Vidofludimus calcium is a Nurr1 activator and DHODH inhibitor with neuroprotective, anti-inflammatory, and anti-viral effects.
  • · Immunic also has earlier-stage programs IMU-856 and IMU-381 targeting neurodegenerative and autoimmune diseases.

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