Most material SEC filings — July 16, 2026

IRIDEX's board alleges that Novel Inspiration International Co., Ltd. (largest shareholder, ~$10M Series B investor in March 2025) and board member Will Moore have orchestrated an undisclosed stealth proxy campaign to remove two independent directors ahead of the 2026 annual meeting, without filing required SEC disclosures. The board contends this violates federal proxy rules (Regulation 14A, Section 13(d)) and Delaware fiduciary duties. Novel's Series B preferred conversion at current stock prices would dilute other shareholders by ~2 million shares (~10% of fully diluted cap), which the board opposes. Company claims operational turnaround: revenue grew 8% YoY to ~$52.6M (2025), operating losses cut 90%, achieved Q4 2025 positive cash flow; $5.6M cash on hand.

Uber Technologies and subsidiary Bidco are acquiring Delivery Hero SE (German-listed food delivery platform) via mandatory takeover offer at minimum €41.50/share. Uber secured €11.5B bridge financing (364-day term) from Morgan Stanley syndicate to fund acquisition consideration, Delivery Hero debt repayment, and transaction costs. Transaction requires regulatory approvals in 6+ jurisdictions (EU, Saudi Arabia, UAE, Jordan, Argentina, South Korea) and closing contingent on 50%+ share acceptance.