latest news in companies

Scilex Retains Kasowitz LLP to Fortify Intellectual Property Defenses

Scilex Retains Kasowitz LLP to Fortify Intellectual Property Defenses

Palo Alto, Friday, 2 January 2026.
Scilex Holding Company has appointed Kasowitz LLP to lead its IP strategy as of January 2, 2026. This signals a robust pivot toward aggressively defending its non-opioid pain assets, including ZTlido® and ELYXYB®, to safeguard long-term shareholder value.

Currenc Group Realigns Strategy with $400 Million Sale of Tranglo

Currenc Group Realigns Strategy with $400 Million Sale of Tranglo

Singapore, Friday, 2 January 2026.
Currenc Group executes a major strategic pivot, selling its controlling interest in Ripple-partnered payment hub Tranglo for $400 million to New Margin Holding, significantly reshaping the Nasdaq-listed fintech’s portfolio for future growth.

Lantheus Finalizes Divestiture of Imaging Unit to Sharpen Strategic Focus

Lantheus Finalizes Divestiture of Imaging Unit to Sharpen Strategic Focus

Bedford, Friday, 2 January 2026.
Lantheus pivots toward high-growth PET diagnostics by closing the sale of its SPECT unit today, handing SHINE Technologies North America’s largest facility for manufacturing medical isotopes.

GigaCloud Bolsters Supply Chain with $18 Million Acquisition of New Classic Home Furnishings

GigaCloud Bolsters Supply Chain with $18 Million Acquisition of New Classic Home Furnishings

El Monte, Friday, 2 January 2026.
GigaCloud executes an $18 million all-cash strategy to dominate large-parcel commerce. By acquiring New Classic Home Furnishings, the company secures critical supply chain assets to fuel marketplace growth.

BitMine Pivots to Massive Ethereum Treasury Strategy Controlling Over 3% of Global Supply

BitMine Pivots to Massive Ethereum Treasury Strategy Controlling Over 3% of Global Supply

New York, Friday, 2 January 2026.
BitMine now controls 3.37% of all circulating Ethereum, aggressively pursuing a 5% stake. This strategic pivot from mining to treasury accumulation drives a consensus price target of $47.

Granite REIT Secures OTCQX Listing to Broaden US Investor Reach

Granite REIT Secures OTCQX Listing to Broaden US Investor Reach

New York, Friday, 2 January 2026.
Managing 140 industrial properties, Granite REIT began trading on the OTCQX Best Market today. This strategic move optimizes access to US capital under the symbol GRTUF.

SoundHound AI Insider Sales Spike as Stock Valuation Faces Steep Decline

SoundHound AI Insider Sales Spike as Stock Valuation Faces Steep Decline

Santa Clara, Friday, 2 January 2026.
Despite 68% revenue growth, SoundHound AI faces scrutiny as insiders sold over $33 million in stock without a single purchase in the last year, coinciding with a 50% price drop.

Nio Achieves Record December Deliveries Closing a Strong Year of Growth

Nio Achieves Record December Deliveries Closing a Strong Year of Growth

Shanghai, Friday, 2 January 2026.
Nio closed 2025 with a record 48,135 December deliveries, driving a 47 percent annual sales increase to 326,028 vehicles, signaling robust demand and operational strength.

Global Net Lease Declares First Quarter 2026 Dividend of $0.19 Per Share

Global Net Lease Declares First Quarter 2026 Dividend of $0.19 Per Share

New York, Friday, 2 January 2026.
Global Net Lease announced a $0.19 per share dividend payable January 16, 2026. This distribution highlights a robust yield of approximately 8.8%, significantly outpacing the average for finance peers.

Viomi Technology Executes $2.5 Million Buyback to Signal Market Confidence

Viomi Technology Executes $2.5 Million Buyback to Signal Market Confidence

Guangzhou, Friday, 2 January 2026.
With $17.5 million remaining in its authorization, the IoT developer has already reclaimed 1.02 million shares, underscoring a strategic push to stabilize valuation and reward shareholders.