latest news in companies
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
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.
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
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.
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.