Most material SEC filings — July 21, 2026

Intersnack Group GmbH Co. KG will acquire all outstanding Class A shares of Utz Brands for $14.25 per share in cash, representing a 91% premium to the July 20, 2026 closing price and an enterprise value of ~$2.9 billion. Upon closing, Utz becomes private with Rice and Lissette Family and Intersnack each owning 50%. Transaction financed by ~$920M Intersnack cash, $1.1B term loan, $250M ABL facility, and family rollover equity; expected to close Q4 2026 subject to stockholder approval (family committed ~42% of shares) and regulatory conditions.

CN Healthy Food Tech (UCFI) received a Nasdaq delisting determination letter on July 16, 2026, citing violations of Listing Rules 5205(e) and 5250(a)(1) and discretionary authority under Rule 5101, stemming from September 2025 disclosures regarding China Securities Regulatory Commission review status. The company must request a hearing before July 23, 2026 to stay delisting; a timely request will halt suspension pending the panel decision, but current trading halt remains in effect. No guarantee exists that the appeal will succeed or that securities will resume trading.

VYNE Therapeutics is merging with Yarrow Bioscience (closing expected July 24, 2026). VYNE Board approved a 1-for-50 reverse stock split, reducing outstanding shares from 33.4M to 0.7M. VYNE shareholders receive a special cash dividend of $17.3 million aggregate ($0.40242 per share based on 42.99M shares outstanding as of July 20, 2026), payable July 23, 2026. Post-merger combined company will trade under ticker YARW on Nasdaq Capital Market with approximately 2.7M shares outstanding (33.6M fully diluted).

Aeon Acquisition I Corp. (a blank-check SPAC with ~$429K in assets) entered into a promissory note dated July 17, 2026 with Aeon Acquisition Partners I LLC, permitting drawdowns of up to $250,000 to fund initial business combination (M&A) costs. The note is interest-free, matures upon consumation of the business combination, and contains standard default and enforcement provisions. The payee waives any claim against the company's IPO trust account.

On July 20, 2026, Cypherpunk Technologies Inc. received notice of failure to satisfy continued listing rules or standards, triggering a delisting or transfer of listing proceeding. The filing provides no specific details on the cause, timeline, or remedial actions. The company trades at ~$12.1M market value; delisting would severely restrict liquidity and market access.

Origin Investment Corp I filed Form 8-K on July 21, 2026 reporting Item 3.01: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard. The filing indicates the company has failed to meet continued listing requirements, though specific reasons, remediation timelines, and regulatory details are not disclosed in this header document. Company has ~$72.6M in total assets.

On February 3, 2026, Webster Financial agreed to be acquired by Banco Santander, S.A. in an all-cash and stock transaction. Shareholders will receive $48.75 in cash and 2.0548 Banco Santander ADRs per Webster share. The deal was approved by Webster shareholders on May 26, 2026, the OCC on June 12, 2026, and the ECB on July 21, 2026. It remains subject to Federal Reserve approval and is expected to close in H2 2026. Webster reported Q2 2026 earnings of $1.56 diluted EPS ($1.60 adjusted) and will no longer provide forward guidance.

FACT II Acquisition Corp. terminated its Business Combination Agreement with Precision Aerospace Defense Group, Inc. on July 21, 2026. The termination was triggered by unforeseen circumstances affecting PAD's key subsidiary acquisition that materially altered the proposed transaction, despite FACT II having secured multiple financing proposals exceeding the $75 million minimum cash condition. FACT II will continue seeking alternative business combination opportunities.

On July 20, 2026, VisionWave Holdings issued a $10M convertible debenture (VWAV-4) to YA II PN, Ltd. at 5% interest (18% upon default), with monthly installment payments of $1.75M aggregate principal starting December 2026, maturity July 2027. Holder receives 1.8M warrants at $5/share exercise price. Conversion price fixed at $5/share; conversion capped at 4.99% ownership; dilutive issuances trigger price reductions. Standby equity purchase agreement (SEPA) coordinates with advance repayments. Second $5M tranche closes upon registration statement effectiveness.

Aether Compute LLC secured an exclusive white-label distribution agreement for Virtual Grid's modular compute-energy pods (AetherPod VG100) across Southeast Asia, plus FOMA software licensing. Aether Holdings concurrently invested US$360,000 in Virtual Grid equity (176,412 shares at C$2.864692/share valuation implying US$25M pre-money) plus 176,412 warrants (5-year, same strike). FOMA royalties: 6% of direct compute revenue; 3% for operator sublicensing. 12-month lock-up on Aether shares; down-round true-up protection if Virtual Grid raises below US$25M within 24 months.

SRX Global Inc. secured a Limited Waiver and Consent Agreement from its Series B preferred stockholders (Required Holder, identity redacted) dated July 2026, permitting: (1) a one-time cash dividend of $0.05 per share on common stock, payable August 3, 2026 to holders of record July 22, 2026; and (2) a stock repurchase plan authorizing repurchase of up to 10 million shares or 50% of outstanding common stock, whichever is less, for up to $20 million aggregate through July 7, 2027. These actions would otherwise breach restrictions in the March 16, 2026 Securities Purchase Agreement ($8 million Series B financing) and Certificate of Designations. The waiver is explicitly one-time only and does not waive future restrictions.

KIDZ AI's subsidiary Catalyst Compute LLC entered a 60-month service agreement with Canopy Wave, Inc. (dated July 16, 2026, effective upon hardware setup) to lease 256 NVIDIA B300 GPUs across 32 nodes. Total contract value: $44.6M ($28.9M for years 1-3 at $4.3/GPU-hour; $15.7M for years 4-5 at $3.5/GPU-hour). Monthly invoicing, Net 10 payment terms. Agreement is contingent on Catalyst placing a non-cancellable purchase order for the GPU servers.

Rhinebeck Bancorp completed its second-step conversion from mutual holding company (MHC) to fully public stock structure on July 21, 2026. The company sold 8,880,210 shares at $10.00/share ($88.8M gross proceeds); existing shareholders received a 1.3978:1 exchange ratio, resulting in 15,638,237 total shares outstanding post-conversion. The MHC ceases to exist.

Jupiter Neurosciences acquired an exclusive, perpetual license to develop and commercialize PharmAla's proprietary MDMA analog ALA-002 in the US. Consideration: $1.5M cash upfront (less $600K escrow release), $1.83M in equity (priced at VWAP with 20% floor at $0.0345/share), plus up to $96.7M in development/commercialization milestones and 3% running royalties on net sales. Jupiter must achieve defined development milestones per Schedule D or face termination; PharmAla retains rights outside US and can demand Jupiter Improvements licensing.

Jack Mallers resigned as Co-Founder and CEO of Twenty One Capital effective July 20, 2026, receiving $1.57M in cash ($420,455.39 for 80,393 vested RSUs at $5.23/share plus $1,151,046.48 for repurchased shares) and retaining 1,522,407 vested stock options at $14.43/share exercisable for 90 days. Raphael Zagury, founder of Elektron Energy (Bitcoin mining), was appointed CEO on the same date with $600K annual base salary, up to $700K annual bonus, and equity incentives. The company simultaneously announced Strike (Mallers' payments fintech) will remain independent rather than merge with Twenty One, and the proposed Elektron acquisition remains under preliminary evaluation.

Icahn Enterprises agreed to sell Pep Boys (≈800 locations) to Mavis Tire Express for approximately $700 million in cash. Icahn retains Pep Boys' owned real estate, AAMCO Transmissions, and Precision Tune Auto Care. The transaction is expected to close in the coming months, subject to customary closing conditions.

Cadrenal Therapeutics announced a structured partnering process to out-license or co-develop its three late-stage cardiac assets: CAD-1005 (Phase 3-ready 12-LOX inhibitor for HIT, showing 25% absolute reduction in thrombotic events in Phase 2 data presented at ISTH 2026), frunexian (Phase 2-ready Factor XIa inhibitor for pre-operative HIT), and tecarfarin (Phase 3-ready oral anticoagulant for orphan indications including Kawasaki disease). No financial terms, counterparties, or timelines were disclosed. The company is pivoting to a capital-efficient, partnership-driven model rather than independent development.

Intelligent Bio Solutions (market cap ~$6.6M) announced completion of precision testing on its Intelligent Fingerprinting Drug Screening System for opiate detection. Testing comprised 1,600+ tests across three production runs and three independent sites, confirming reproducible performance. Results will support the company's FDA 510(k) submission for U.S. market clearance, targeting entry into a multi-billion-dollar drug screening market.

On July 21, 2026, San Juan Basin Royalty Trust announced it will not declare a monthly cash distribution for July 2026 due to excess production costs of $9.6M gross ($7.2M net) accumulated from Hilcorp's 2024 horizontal well drilling, combined with depressed natural gas prices ($1.23/Mcf in May vs $1.28 in April). The Trust will receive zero royalty income until excess costs are repaid, a $2M reserve is replenished, and a $998.8K line of credit is satisfied. Hilcorp also removed 5 of 9 planned vertical wells (~$450K capex reduction) from its 2026 development plan.

Neptune Insurance reported Q2 2026 revenue of $55.9M (+32.8% YoY) and adjusted EBITDA of $34.5M (+36.5% YoY) at a 61.7% margin. Written premium reached $126.9M (+31% YoY). The company raised full-year 2026 guidance to $199M revenue (25% growth) and 60-61% adjusted EBITDA margin. Lifetime written loss ratio improved to 19.5% (from 24.7% in prior year); capacity providers increased to 45. Company operates 45 capacity partners; no specific counterparty amounts disclosed.

Innovative Solutions & Support Inc. (NASDAQ: ISSC) acquired Sparton Aydin LLC (Aydin Displays), a rugged military display manufacturer, for $24.5 million in cash on July 21, 2026. Aydin, based in Birdsboro, PA, generated ~$16M revenue in 2026 and employs ~50 people. The acquisition expands ISSC's display technology and naval/ground military exposure while adding a vertically integrated 40,000 sq ft manufacturing facility and engineering talent to its avionics portfolio.

First Financial Bancorp (Ohio, $2.3B market cap) agreed to acquire Finward Bancorp (Indiana) in an all-stock transaction dated July 21, 2026. Finward shareholders receive 1.35 Buyer shares per Finward share held (Exchange Ratio). Finward has ~4.33M shares outstanding (as of June 30, 2026), implying ~5.85M new shares issued. The merger qualifies as a tax-free reorganization under IRC §368(a). Both banks' subsidiaries will also merge (Peoples Bank into First Financial Bank). Transaction subject to regulatory approvals, shareholder vote, and standard closing conditions.

KREF reported Q2 2026 net loss of $121.8M ($1.95/share), driven by $119.8M loan loss provision. Distributable loss of $36.4M ($0.58/share) included $42.3M realized losses on loan write-offs. Book value fell to $10.24/share. The Board initiated a strategic review of alternatives including potential sale or merger. Portfolio remains $4.5B with 66% weighted-average LTV; 6 loans on watchlist (weighted 5–4 ratings) totaling $704M; two watchlist resolutions completed via foreclosure and repayment.

On June 22–23, 2026, Westport Fuel Systems Inc. sold to CVI Investments Inc. (via Heights Capital): 1.6M common shares, 3.3M pre-funded warrants, and 4.9M private placement warrants, all at ~$2.06 per unit. The warrants are exercisable at $2.06/share over 2 years and are now being registered for resale via this Form F-1. CVI will own 9.99% post-exercise (beneficial ownership cap). Westport receives no proceeds from warrant share resales but could net ~$10M if all warrants exercise for cash; proceeds earmarked for working capital.

Forward Air entered into a non-binding MOU on July 20, 2026 with one of its largest customers regarding service transition discussions disclosed May 7, 2026. The Company expects to retain at least 50% (≈$125M) of the ~$250M annual revenue from this customer, with potential to retain up to 75% (≈$187.5M), with contract extension of at least 2 years. Service transitions to other providers begin later 2026, predominantly in December 2026 and throughout 2027.

Sabra entered into letters of intent to re-tenant all 26 Avamere properties: 22 to Cascadia Healthcare subsidiaries and 4 to an existing tenant. Combined annualized cash rent will increase ~30% from $41M to $53M (annualized), with transaction closing expected H2 2026. Separately, Sabra settled a $300M RCA mortgage for $200M (closed June 30, 2026), reducing leverage from 5.0x to 4.8x Net Debt/EBITDA pro forma. Full-year 2026 Normalized FFO guidance raised to $1.53–$1.55/share (7% midpoint growth vs. 2025) and Normalized AFFO to $1.59–$1.61/share (8% growth).

FatPipe Inc (NASDAQ: FATN) announced July 21, 2026 award of a $7 million contract to provide SD-WAN network edge products and monitoring services to schools. The contract involves deploying FatPipe's technology across geographically distributed public-sector networks to improve network availability, visibility, and digital learning platform access. No revenue recognition timeline, payment terms, or contract duration details were disclosed.

Miles Everson, former Fermi Inc. director, challenges the Company's July 13, 2026 Form 8-K claims in a response letter dated July 19, 2026. Everson states he never received minutes for Board or Finance Committee meetings, disputes approval of delegating final transaction authority to the Finance Committee, and asserts he was not consulted on or informed of a recent convertible-note financing before public announcement. He demands the Company correct its public disclosure and preserve all related documents.

Horace Mann agreed to acquire Employee Services LLC (ESI) and Reserve National Insurance Company (RNIC) from Medical Mutual of Ohio, and reinsure MedMutual Life Insurance Company's group life and disability business, for ~$240M net purchase price. The transactions add ~$200M in annual revenue, serve >1M covered lives across ~7,000 employer relationships, and add >1,000 agents/brokers. ESI closes Q4 2026; RNIC and reinsurance close Q1 2027, subject to regulatory approvals.

10% owner Aqua Capital, Ltd. (ENR) bought 100K shares (~$2.0M) on the open market (1.3% of holdings). Open-market insider purchase — historically a bullish signal.

On July 17, 2026, Nano Dimension (NNDM; market cap ~$353M) settled a proxy contest with Murchinson Ltd., which holds 9.0% (~18.8M ADS) of outstanding shares. Four directors—Robert Pons, David Stehlin, Dr. Joshua Rosensweig, and Andrew Sriubas—resigned immediately with no severance; their unvested RSUs were forfeited. Three Murchinson-backed nominees—Pinchos Fruchthandler, Moshe Rozenbaum, and Eliezer Tarlow—were appointed to the Board effective immediately. The extraordinary general meeting originally scheduled for July 31, 2026, was cancelled. Both parties released all claims arising prior to July 17, 2026, including claims related to the Infinite Epigenetics transaction and prior governance disputes.

Horace Mann agreed to acquire Employee Services LLC (ESI) and Reserve National Insurance Company (RNIC) from Medical Mutual of Ohio, and reinsure MedMutual Life Insurance Company's group life and disability business. The transactions add approximately $200 million in annual revenue, serve over 1 million covered lives across ~7,000 employers, and add 1,000+ agents/brokers. Total net purchase price is ~$240 million, financed via existing capital and revolving credit facility; ESI closes Q4 2026, RNIC and reinsurance close Q1 2027.

Hasbro reported Q2 2026 revenue of $1.14B (+16% YoY), driven by Wizards of the Coast segment growing 27% with Magic: The Gathering exceeding $500M in quarterly revenue for the first time. The company raised full-year 2026 guidance to revenue growth of 5–7% (from 3–5%), adjusted operating margin to 25–26% (from 24–25%), and adjusted EBITDA to $1.45–$1.50B (from $1.40–$1.45B). The company took a $56M impairment on digital games, incurred $11M in direct costs from a March 2026 network breach (estimated $25M revenue impact), returned $133M to shareholders via dividends and buybacks ($55M share repurchase authorization deployed), and deployed $55M toward debt reduction.

CO2 Energy Transition Corp. shareholders approved extension of SPAC business combination deadline on July 21, 2026, enabling negotiations with an unnamed critical mineral target company announced July 17, 2026. Shareholders have until July 22, 2026 (noon ET) to request redemption reversals. No definitive agreement has been executed; deal remains subject to due diligence, regulatory approvals, and market conditions.

Super Micro Computer reported Q4 FY2026 revenues estimated at ~$11.0B (low end of $11.0–$12.5B guidance) with gross margins of 15–17%, significantly above the 8.2–8.4% guidance due to favorable customer and product mix. The company received >$60B in new orders during Q4, creating record backlog for future quarters. All figures are preliminary and unaudited pending final closing.

First Financial Bancorp (Ohio, public) agreed to acquire Finward Bancorp (Indiana, public) in an all-stock merger effective July 21, 2026. Finward shareholders will receive 1.35 shares of First Financial common stock per Finward share held (Exchange Ratio), with fractional shares paid in cash. Finward has ~4.33M shares outstanding as of June 30, 2026; the merger implies ~5.85M new First Financial shares issued. Deal is tax-free reorganization under IRC §368(a); closing expected ~12 months post-signing pending regulatory approvals from Federal Reserve, state banking authorities, and SEC effectiveness of S-4.

AAR Corp reported FY2026 (ended May 31, 2026) sales of $3.3B (+19% YoY), adjusted EBITDA of $401M (+24%), adjusted diluted EPS of $5.05 (+29%), and adjusted EBITDA margin of 12.1% (+30 bps). The company completed acquisitions of HAECO Americas and ADI, announced a segment realignment, and intends to wind down its Legacy Commercial Programs business. Net leverage improved to 2.03x from 2.72x, and the company guided FY2027 sales growth to low double-digits to low teens (excluding Legacy Commercial Programs).