Executive Summary
Across the 50 SEC filings from the USA Dow Jones 30 intelligence stream (primarily blue-chip adjacent with diverse small/mid-caps), financial performance is mixed: 14/25 annual reports (10-K/20-F) show revenue growth averaging +35% YoY (outliers like Aeva +99%, Yellowstone +52%), but 11 report declines averaging -15% YoY (e.g., Urban One -16.7%, Scorpio Tankers vessel rev -25%), with net losses narrowing in 8 cases (avg -15%) amid margin expansions in 6 (e.g., QIAGEN +1330 bps to 62.2%). M&A activity surges with 4 deals (KORE $9.25/share cash merger, Kennedy-Wilson merger, Stock Yards/Field & Main 0.655x exchange), while capital allocation features dividends (Energy Services $0.03/share), reverse splits (FuboTV 1:12), forward splits (Climb 4:1), and financing (Aptiv tender upsized to $1.371B). Corporate events dominate with 15+ AGMs/proxies in April-May 2026, signaling governance focus; insider conviction low (no buys, some holdings detailed in proxies). Sector patterns include advertising/media weakness, AI/tech momentum, shipping volatility, and bancorp stability. Actionable implications: Favor growth outliers like Aeva/AITX for alpha, monitor merger proxies/merger risks, avoid revenue decliners amid portfolio-level margin compression in cyclicals (-200 bps avg in 5 shipping/media firms).
Tracking the trend? Catch up on the prior Dow Jones 30 Stocks SEC Filings digest from March 19, 2026.
Investment Signals(12)
- Aeva Technologies↓(BULLISH)▲
Revenue nearly doubled +99% YoY to $18.1M (NA 74%), gross loss narrowed 83% to $0.7M, cash +$44.6M to $72.3M via $128.6M financing
- QIAGEN N.V.↓(BULLISH)▲
FY2025 net sales +6% YoY to $2.09B (consumables +7%, EMEA +10%), gross margin expanded +1330 bps to 62.2%
- Victoria's Secret & Co.↓(BULLISH)▲
FY2025 net sales +5% YoY to $6,553M (Intl +27%), adj operating income +8% to $403M, adj EPS +11% to $3.00, sales/sq ft +6%
- Yellowstone Midco Holdings II↓(BULLISH)▲
Revenue +52% YoY to $386M, gross profit x3 to $75M (margin +700 bps to 20%), Adj EBITDA -81% loss narrowing to -$8M
- KORE Group Holdings↓(BULLISH)▲
Merger at $9.25/share cash (rollover agreements for ~2.2M shares, up to 2.5M more), subject to approval/closures
- Intelligent Protection Management↓(BULLISH)▲
FY2025 revenue $23.6M, Q4 EBITDA positive first post-transformation, net loss -42% YoY, acquisitions added 17k customers
- Lightwave Logic↓(BULLISH)▲
FY2025 net loss narrowed 10% to $20.3M, sales +148% to $0.24M, R&D -32% YoY, cash +$41.3M to $69.0M via $56.9M financing
- Standard Premium Finance↓(BULLISH)▲
FY2025 revenues +2.7% to $12.5M, net income +23.9% to $1.2M, ROE +101 bps to 17.58%, originations +5.8% to $158.1M
- Urban One↓(BEARISH)▲
FY2025 revenue -16.7% YoY to $374.4M (political ad -93%), net loss widened 39% to $146.9M, Adj EBITDA -45% to $56.7M
- Scorpio Tankers↓(BEARISH)▲
FY2025 net income -49% YoY to $344.3M, TCE revenue -26% to $901.3M (daily TCE -20%), revenue days -7%
- Cheetah Net Supply Chain↓(BEARISH)▲
FY2025 revenue +182.7% but op loss widened 22.4% to $4.6M, net loss +12.9% to $3.6M, impairments $731K
- Star Equity Holdings↓(BEARISH)▲
FY2025 net loss widened to $5.9M from $4.8M, EBITDA loss narrowed slightly but SG&A +2% to 50% of rev
Risk Flags(9)
- Urban One/Financial Deterioration↓[HIGH RISK]▼
All segments declined YoY (radio ad -14.6%, political -93%), impairments +26.4% to $191.8M, equity drop implied
- Okeanis Eco Tankers/Revenue Stagnation↓[MEDIUM RISK]▼
Revenue -0.4% YoY to $391.5M, TCE flat daily rate -0.1% to $52,823, below 2023 peaks
- InflaRx N.V./Expense Pressures↓[MEDIUM RISK]▼
Key expenses rising in R&D (CROs/CDMOs), commercial (GOHIBIC), no revenue metrics, ongoing losses implied
- Cheetah Net/Impairments & Declines↓[HIGH RISK]▼
Edward segment -32.2% YoY, $731K impairments/goodwill, discontinued business, cash burn ~$2.5M
- Scorpio Tankers/Debt & Capex↓[HIGH RISK]▼
Debt $589.1M (down from $628.4M), $709.8M vessel installments due (<1yr $171.7M), TCE -20% YoY
- Chain Bridge Bancorp/NIM Compression↓[MEDIUM RISK]▼
Net income -3.4% YoY to $20.2M, NIM -7 bps to 3.39%, noninterest income -59.4%
- Star Equity/Profitability↓[MEDIUM RISK]▼
Net loss widened to $5.9M, Building Solutions new but Business Services SG&A 50% rev, taxes +62%
- FuboTV/Capital Structure↓[HIGH RISK]▼
1:12 reverse split reduces shares 91.7% to 29.4M Class A, no frac shares (cash for holders), signaling liquidity concerns
- BigBear.ai/Share Dilution↓[MEDIUM RISK]▼
Special meeting Apr 21 reconvened to approve 2x authorized shares increase to 1B, dilution risk
Opportunities(9)
- KORE Group/Merger Arbitrage↓(OPPORTUNITY)◆
$9.25/share cash deal, rollover/support agreements ~2.2M shares (proxy/Schedule 13E-3 pending), monitor stockholder vote
- Kennedy-Wilson Holdings/M&A Premium↓(OPPORTUNITY)◆
Merger with Kona Bidco, board/Special Committee approval, voting/rollover agreements, proxy Mar 20
- Aeva Technologies/Growth Ramp↓(OPPORTUNITY)◆
+99% YoY rev, NA dominance 74%, $72.3M cash post $100M notes, equity turnaround from $99.4M drop
- AITX/RAD Division Orders(OPPORTUNITY)◆
New order 5 RIO 360 units for Midwest civic center, AI security demand signal amid limited FY data
- Victoria's Secret/Turnaround↓(OPPORTUNITY)◆
Adj metrics strong (+5% sales, +8% op inc), Intl +27%, ABL availability +$56M to $589M, productivity +6-7%
- Intelligent Protection/Transformation↓(OPPORTUNITY)◆
Q4 EBITDA positive, FY rev $23.6M breakdown (MIT 63%), acquisitions $4M +17k customers
- Stock Yards Bancorp/Merger Value↓(OPPORTUNITY)◆
0.655x exchange (implied $41.25/share vs $44.55 prior), dividends stable $0.32/share, SYBT 29.5M shares
- Aptiv PLC/Tender Upside↓(OPPORTUNITY)◆
Cash tender upsized $1.371B for notes, conditioned on Versigent spin-off/$1.7B dividend, early results positive
- Primoris Services/Record Year↓(OPPORTUNITY)◆
2025 exceptional growth/cash flow, strong balance sheet, AGM Apr 30 vote on comp/auditors
Sector Themes(6)
- Media/Advertising Weakness(BEARISH)◆
3/5 firms (Urban One -16.7% rev, political -93%; national ad share -490 bps) show sharp declines avg -20% YoY, implying cyclical ad spend cuts, avoid sector
- Shipping/Tankers Volatility(MIXED)◆
3 cos (Scorpio NI -49%, TCE -26%; Okeanis rev -0.4%, daily TCE -0.1%) below prior peaks, debt/capex burdens, covenant risks on liquidity
- AI/Tech Momentum(BULLISH)◆
5 filings (Aeva +99% rev; AITX orders; BigBear.ai share increase; Claritev $67M ACV; IPM EBITDA+) signal demand/orders, watch Q4 ramps
- Bancorp Stability(NEUTRAL)◆
6 filings (Civista $4.4B assets; Chain Bridge NII +16.1%; Horizon/Stock Yards mergers/divs stable) show NII growth/expansions despite NIM -7bps avg, M&A consolidation
- Luxury/Retail Mixed Recovery(MIXED)◆
Zegna rev -1.5% but profit +20.5%, DTC +4.2%; Victoria's +5% adj inc, Intl +27%, margin gains but impairments $120M
- Capital Markets Actions(NEUTRAL)◆
8 splits/reverses (Fubo 1:12 -91.7% shares; Climb 4:1), 4 shelf/tenders (Datavault $1B; Aptiv +$21M), signaling liquidity/liquidity needs
Watch List(8)
Proxy/Schedule 13E-3 filing imminent, stockholder approval/regulatory clearances needed post-Feb 26 agreement [Q2 2026]
Reconvened Apr 21 for 2x share authorization to 1B (record Mar 30, vote by Apr 20), dilution catalyst [Apr 21, 2026]
Virtual Apr 30 (record Mar 9), vote directors/comp/auditors post-record 2025, registration by Apr 24 [Apr 30, 2026]
Q1 2026 results pre-open Apr 22, watch NII/deposit trends in $4.4B OH/IN/KY ops [Apr 22, 2026]
Virtual Apr 29 (record Mar 6), elect directors/ratify PwC/approve comp/plan amendment, Vision 2030 update [Apr 29, 2026]
Apr 30 (record Mar 6), elect directors/declassify board/equity plan/auditors, proxy by Apr 20 [Apr 30, 2026]
Effective Mar 23 close, trading split-adj Mar 24 (new CUSIP), monitor institutional reaction post-91.7% share cut [Mar 24, 2026]
Special meeting for Kona merger approval (agmt Feb 16), voting/rollover executed [Q2 2026]
Filing Analyses(50)
20-03-2026
Urban One, Inc. (UONEK) reported FY 2025 net revenue of $374.4M, down 16.7% YoY from $449.7M, with declines across all major segments including radio advertising (-14.6%), political advertising (-93.0%), digital advertising (-19.0%), cable TV advertising (-9.3%), and affiliate fees (-10.0%). Net loss attributable to common stockholders widened to $146.9M from $105.4M, driven by higher impairment charges of $191.8M (up 26.4%) and increased depreciation, despite lower operating expenses in programming (-7.3%) and SG&A (-7.8%), and a larger gain on debt retirement ($44.0M, +89.1%). Adjusted EBITDA fell sharply to $56.7M from $103.5M, while core radio local advertising mix rose to 63.4% from 59.8%, but national advertising share declined to 30.7% from 35.2%.
- ·Programming and technical expenses declined 7.3% to $125.4M.
- ·Corporate SG&A expenses stable at ~$50.8M.
- ·Depreciation and amortization rose to $18.1M from $7.7M.
- ·Interest expense decreased 20.1% to $38.8M.
- ·Net cash used in investing activities $10.3M; financing $105.1M.
- ·Goodwill impairment testing (as of May 31, 2025): discount rate 9.5%, projected revenue growth (34.5)% to 53.1%.
20-03-2026
KORE Group Holdings, Inc. entered into a Merger Agreement on February 26, 2026, with KONA Parent, L.P. and its subsidiary KONA Merger Sub Co., under which Merger Sub will merge with KORE, converting each share of Company Common Stock into $9.25 per share in cash (subject to exclusions and withholdings). On March 17, 2026, rollover, voting, and support agreements were executed with Dotmar Investments Limited (847,293 shares), Richard Burston (169,948 shares), and Terrdian Holdings Inc. (1,163,205 shares), committing these shareholders to vote in favor of the merger and roll over their shares to Parent; Parent may enter additional rollover agreements for up to 2.5 million shares. The transaction is subject to stockholder approval, regulatory clearances, and other closing conditions, with risks noted including potential failure to close or achieve expected benefits.
- ·Merger Agreement filed on February 27, 2026; 8-K filed March 20, 2026
- ·Rollover period: 15 business days after February 26, 2026
- ·KORE intends to file proxy statement and Schedule 13E-3 with SEC
20-03-2026
Cogent Communications Holdings, Inc.'s DEF 14A proxy statement details corporate governance practices, including full attendance by directors at the 2025 annual meeting and independence of all directors except CEO Dave Schaeffer. For 2025 executive compensation, base salaries for non-CEO Named Executive Officers increased 2.5%, CEO incentives achieved 152% of AWR CAGR target ($333,500 earned) but only 79% of GP CAGR target ($196,743), and sales commissions reached 92% for Mark Harris ($141,900) while at 77% for former CRO James Bubeck ($80,813). Significant long-term incentive grants were awarded, including up to 551,177 RSU shares for the CEO for 2026 service based on $12M notional value.
- ·All directors except CEO determined independent per Nasdaq rules.
- ·CEO 2025 LTIPs: 84,000 time-based RSUs and 96,000 performance-based RSUs (half EBITDA CAGR, half Free Cash Flow CAGR through 2027).
- ·CEO 2026 LTIPs: 229,657 time-based RSUs vesting 2029 and 321,520 performance-based RSUs based on EBITDA CAGR through 2028.
- ·Supplemental 100,000 time-based RSUs each to Chang, Harris, Weed vesting 2029 for Sprint acquisition retention.
- ·Performance-based RSUs for Weed, Chang, Kilmer based on customer satisfaction or performance through 2028.
20-03-2026
Aeva Technologies reported revenue of $18.1M for FY 2025, nearly doubling 99% YoY from $9.1M, with North America contributing 74% of revenue, while gross loss narrowed 83% to $0.7M. However, net loss improved only 4% to $145.4M from $152.3M amid a $21.5M negative change in warrant liability and high R&D expenses of $85.4M (down 17% YoY), leading to stockholders' equity dropping sharply to $13.2M from $99.4M due to $96.7M in new convertible notes. Cash and equivalents rose to $72.3M, supported by $128.6M in financing inflows.
- ·Revenue by geography FY2025: North America $13.3M (74%), Europe $3.9M (21%), Asia $0.6M (3%).
- ·Cash from financing FY2025: $128.6M primarily from $100M convertible notes and $32.5M private placement.
- ·Marketable securities declined to $49.6M from $83.1M as of Dec 31 2025.
- ·Weighted-average shares basic/diluted: 57.0M in FY2025 vs 53.4M in FY2024; net loss per share $(2.55) vs $(2.85).
20-03-2026
Artificial Intelligence Technology Solutions, Inc. (AITX) filed an 8-K on March 20, 2026, announcing a press release stating that its RAD division has booked an order for 5 RIO 360 units destined for the Downtown Civic Center in a major Midwest city. This development underscores demand for AITX's AI-driven security solutions amid otherwise limited financial details in the filing.
- ·Filing includes Exhibit 99.1: Press release dated March 20, 2026
20-03-2026
Bio-Path Holdings, Inc. completed its domestication to Wyoming on March 5, 2026, and amended its articles of incorporation to authorize a new Series S Preferred Stock class with 51 shares, each convertible into one common share and holding 1% of diluted voting power. Effective February 10, 2026, Wendy M. Charles, PhD, MS, CIP, CCRP and Michael Hickey were appointed to the newly created Scientific Advisory Board, each signing a three-year agreement and receiving 100,000 stock options with a $0.06 exercise price and three-year term. No financial results or performance metrics were reported.
- ·Options have a three-year expiration and are subject to adjustment.
- ·Dr. Charles specializes in clinical research, regulatory compliance, oncology, and health IT.
- ·Mr. Hickey is VP Clinical Operations at Processa Pharmaceuticals with prior experience at Amgen and Biomarin.
20-03-2026
ACP Holdings Acquisition Corp., a blank check company focused on real estate & construction, filed an S-1/A registration statement (No. 333-294120) on March 20, 2026, for its initial public offering of units including Class A Ordinary Shares and warrants exercisable at $11.50. Union Street Sponsor, LLC acquired 7,666,667 Class B Ordinary Shares for $25,000 on January 29, 2026, with up to 1,000,000 subject to forfeiture to maintain 25% ownership post-IPO, and committed to purchase 390,000 Private Units. Proceeds from the IPO and Private Units will be deposited into a trust account with Odyssey Transfer & Trust Company.
- ·Company headquartered at 3131 Eastside, Houston, TX 77098.
- ·Standard Industrial Classification: Blank Checks [6770].
- ·Fiscal year end: December 31.
- ·EIN: 98-1923384.
20-03-2026
BigBear.ai Holdings, Inc. announced the reconvening of its Special Meeting of Stockholders on April 21, 2026, at 2:00 p.m. ET (originally convened December 1, 2025, and adjourned to March 18, 2026) to vote on Proposal 1: amending the Second Amended and Restated Certificate of Incorporation to increase authorized common shares from 500 million to 1 billion. The record date is March 30, 2026, with voting deadline April 20, 2026, 11:59 p.m. ET; previously submitted proxies will be voted unless revoked, and stockholders are urged to vote 'FOR' Proposal 1.
- ·Virtual meeting URL: www.virtualshareholdermeeting.com/BBAI2026
- ·Proxy voting options: Internet (www.proxyvote.com), Telephone (1-800-690-6903), Mail
- ·Proxy solicitor contact: (800) 662-5200 or BBAI@info.morrowsodali.com
20-03-2026
QIAGEN N.V. reported FY2025 net sales of $2.09B, up 6% YoY from $1.98B in FY2024, driven by 7% growth in consumables (90% of sales) and 10% increase in EMEA revenues. However, instrumentation sales declined 2% to $213.6M and Asia Pacific, Japan & Rest of World revenues fell 2% to $290.7M. Gross profit rose 34% to $1.30B with margin expansion to 62.2% from 48.9%, while product groups like Sample Technologies (+3%) and Other (+41%) showed varied performance.
- ·FY2023 total net sales were $1,965.3M.
- ·Instrumentation sales declined from $239.1M in FY2023 to $218.0M in FY2024 (-9%) and $213.6M in FY2025 (-2%).
- ·Employee functions stable: Sales 38% (up from 37%), Production 27% (down from 28%), R&D 17% (down from 18%) in FY2025.
20-03-2026
Primoris Services Corporation (NYSE: PRIM) has issued its 2026 Proxy Statement for the virtual Annual Meeting of Stockholders on April 30, 2026, at 9:00 a.m. CT, where shareholders will vote on electing eight directors, advisory approval of named executive officer compensation, and ratification of Baker Tilly US, LLP as independent auditors for the fiscal year ending December 31, 2026. The company describes 2025 as an exceptional year, achieving record milestones, accelerating strategic growth, generating strong cash flow, and strengthening its balance sheet. Chairman David L. King thanks retiring Board member John Schauerman for his long service.
- ·Record date for shareholders entitled to vote: March 9, 2026
- ·Virtual meeting registration deadline: April 24, 2026, 11:59 p.m. Central Time at www.proxydocs.com/PRIM
- ·Principal executive offices: 2300 N. Field Street, Suite 1900, Dallas, Texas 75201
20-03-2026
Yellowstone MidCo Holdings II, LLC reported revenue growth of 52% YoY to $386M for 2025 from $254M in 2024, with gross profit tripling to $75M (20% margin from 13%) and Adjusted EBITDA improving to -$8M from -$43M. However, the company posted a net loss of $85M (narrowed 15% YoY), operating expenses increased 17% driven by higher SG&A (+11%) and transaction costs, R&D declined 10%, and net cash used in operations was $121M versus provided by $32M prior year.
- ·Net EAC adjustments before taxes: -$11.1M in 2025 vs -$22.9M in 2024.
- ·Minimum revenue guarantees extend to Sep 2028 at $758M.
- ·Cash increased $58M to $163M end-2025, driven by $204M financing inflows.
20-03-2026
Claritev Corporation (CTEV) filed a DEFA14A Definitive Additional Materials proxy statement with the SEC on March 20, 2026, pursuant to Section 14(a) of the Securities Exchange Act of 1934. The filing indicates no fee was required and is marked as definitive additional materials. No financial data, proposals, quantitative metrics, or period-over-period comparisons are included in the provided excerpt.
20-03-2026
The Board is actively overseeing AI integration, including appointing a Chief Artificial Intelligence Officer, establishing governance frameworks, and participating in executive education programs. As of December 31, 2025, employee headcount grew 10.2% YoY by 33 to 328 (326 full-time, 2 part-time), driven by business expansion and risk management strengthening, while gender diversity remained flat at 45% women and 55% men. The Board held 14 meetings in 2025 with an average attendance of 95%, and all directors attended the 2025 annual stockholder meeting.
- ·No employees represented by collective bargaining agreement.
- ·Board has four standing committees: Audit, Risk, CG&N, and Compensation (implied).
- ·Audit Committee oversees independent auditors, financial statements, and internal audit function.
20-03-2026
Claritev Corporation's 2026 proxy statement invites stockholders to the virtual Annual Meeting on April 29, 2026, for electing four Class III directors (Anthony Colaluca, Jr., Michael S. Klein, Allen R. Thorpe, Dale A. White), ratifying PwC as auditors for FY2026, approving NEO compensation on an advisory basis, and amending the 2020 Omnibus Incentive Plan. CEO Travis Dalton highlighted 2025 achievements including positive revenue growth, improved Adjusted EBITDA and free cash flow, expansion into new markets, and over $67M in new Annual Contract Value, with no declines noted. The company is advancing Vision 2030 through 'The Way Up' phase focused on disciplined growth and AI integration.
- ·Annual Meeting: April 29, 2026 at 9:00 a.m. EDT, virtual at www.virtualshareholdermeeting.com/CTEV2026
- ·Record date: March 6, 2026
- ·Proposals: 1) Elect 4 Class III directors; 2) Ratify PwC for FY2026; 3) Advisory vote on NEO pay; 4) Approve amendment to 2020 Omnibus Incentive Plan
20-03-2026
Ermenegildo Zegna N.V. reported FY2025 revenues of €1,917M, down 1.5% YoY from €1,947M in FY2024 (which grew 2.2% from FY2023), with organic growth of 1.1%; while ZEGNA brand rose 1.5%, DTC sales increased 4.2%, and Americas grew 7.9%, Thom Browne declined 14.7%, wholesale branded fell 20.9%, and Greater China dropped 14.6%. Profit improved 20.5% to €109M from €91M, supported by gross margin expansion to 67.5% from 66.6%, though adjusted EBIT fell to €163M from €184M and operating profit margin contracted to 7.3% from 8.6%.
- ·Euro revenues declined to 27.9% of total (from 29.3%), while U.S. Dollar rose to 25.6% (from 23.7%) and Chinese Renminbi fell to 18.4% (from 20.8%).
- ·SG&A expenses increased to 53.9% of revenues from 51.8%, contributing to operating profit decline.
- ·DTC as % of branded products improved to 82.0% from 77.6%, while wholesale share fell to 18.0% from 22.4%.
20-03-2026
Victoria's Secret & Co. reported fiscal 2025 net sales of $6,553M, up 5% YoY from $6,230M, driven by 27% growth in International sales and 3% in North America stores, while Direct sales remained flat at $2,042M. Adjusted operating income increased 8% to $403M and adjusted net income rose 15% to $250M with EPS at $3.00 (up from $2.69); however, GAAP reported operating income declined 13% to $271M from $310M and net income edged down 2% to $161M due to a $120M Adore Me long-lived assets impairment and other restructuring charges. Productivity improved with sales per average selling square foot up 6% to $624 and per store up 7% to $4.3M, though total selling square feet fell 2%.
- ·Capital expenditures fiscal 2025: $187M (up from $178M)
- ·Long-term debt stable at $971M as of Jan 31, 2026 (vs $973M prior year)
- ·Amounts available under ABL Facility: $589M (up from $533M)
- ·Total selling square feet: 5,315 thousand (down 2% YoY)
- ·Future lease obligations total $2,452M, with $416M due within 1 year
- ·Purchase obligations: $877M, mostly due within 1 year ($817M)
20-03-2026
InflaRx N.V. (IFRX) filed its 20-F Annual Report on March 20, 2026, outlining key expense categories across operations. These include external services for GOHIBIC distribution and commercial infrastructure, employee-related costs such as salaries and stock-based compensation, professional fees for U.S. market access, R&D expenses with CROs and CDMOs, and legal fees for IP protection and other matters. No specific financial metrics or period-over-period comparisons are provided in the excerpt.
- ·Expenses cover CROs, CDMOs, consultants, and independent contractors for R&D, preclinical, and clinical activities.
- ·Professional fees include auditors, consultants not related to R&D, and lawyers not tied to IP.
20-03-2026
Aquestive Therapeutics, Inc. (AQST) announced the appointment of Thomas A. Zalewski as Chief Legal Officer and Chief Compliance Officer effective April 2, 2026, succeeding Lori J. Braender, who will transition to a non-executive role as Corporate Secretary after nearly eight years. Zalewski, formerly a Partner and Chair of the Healthcare and Life Sciences practice at Day Pitney LLP, brings extensive experience in life sciences advisory, M&A, and regulatory matters. The appointment supports the company's advancement of Anaphylm toward FDA approval, with Zalewski receiving an inducement grant of 100,000 RSUs and 75,000 stock options.
- ·Zalewski's inducement RSUs and options vest 25% after first and second anniversaries, 50% on third anniversary; options have 10-year term and exercise price based on May 8, 2026 closing price.
- ·Braender joined Aquestive in September 2018 after 35 years at Day Pitney LLP.
- ·Grants approved under 2022 Equity Inducement Plan per Nasdaq Rule 5635(c)(4) by independent Compensation Committee.
20-03-2026
PEDEVCO Corp. published an updated company presentation on its website (www.pedevco.com) on March 20, 2026, furnished as Exhibit 99.1 under Item 7.01 Regulation FD Disclosure. The filing includes standard forward-looking statements disclaimers and references to prior SEC filings like the Form 10-K for year ended December 31, 2024, and Form 10-Q for quarter ended September 30, 2025. No specific financial metrics, performance data, or period-over-period comparisons are disclosed in the filing.
- ·Company address: 575 N. Dairy Ashford, Suite 210, Houston, Texas 77079
- ·Common Stock trades on NYSE American under symbol PED
20-03-2026
Aveanna Healthcare Holdings Inc. (AVAH) furnished an investor presentation under Item 7.01 of Form 8-K on March 20, 2026, attached as Exhibit 99.1 and available on ir.aveanna.com. The filing notes that website and social media are used for material company information distribution. No specific financial metrics or performance data are disclosed in the filing itself.
- ·Securities registered: Common Stock, par value $0.01 per share (AVAH) on Nasdaq.
- ·Principal executive offices: 400 Interstate North Parkway SE, Atlanta, Georgia 30339.
- ·IRS Employer Identification No.: 81-4717209.
20-03-2026
Stock Yards Bancorp (SYBT) is advancing its merger with Field & Main Bancorp via this S-4/A filing, with an exchange ratio of 0.6550 shares of SYBT common stock per Field & Main share, implying a value drop from $44.55 on January 26, 2026, to $41.25 on March 19, 2026, due to SYBT's stock price declining from $68.01 to $62.98 (-7.4%). Both companies maintain quarterly dividends at $0.32 and $0.25 per share, respectively, with coordination to avoid overlaps post-merger. SYBT has 29.5M shares outstanding and ~1,980 holders, while Field & Main has 2.37M shares and ~225 holders.
- ·SYBT stock price fluctuated between $62.09 low and $71.20 high from Jan 26 to Mar 19, 2026.
- ·Field & Main Bancorp common stock has no established public trading market.
20-03-2026
FuboTV Inc.'s board approved a 1-for-12 reverse stock split on March 20, 2026, effective at 5:00 p.m. ET on March 23, 2026, with split-adjusted trading under 'FUBO' beginning March 24, 2026, to reduce outstanding shares and enhance marketability among institutional investors. The split will decrease Class A common stock from approximately 353.2 million to 29.4 million shares (a 91.7% reduction) and Class B common stock from 947.9 million to 79.0 million shares. Hulu, LLC previously provided written consent approving the action.
- ·New CUSIP number: 35953D401
- ·No fractional shares issued; eligible Class A holders receive cash payment based on NYSE closing price on March 23, 2026 (split-adjusted)
- ·Proportionate adjustments to exercise prices, equity awards, convertible notes, and shares issuable under equity incentive plans
20-03-2026
Merlin Labs, the target in a pending merger with Inflection Point Acquisition Corp. IV, reported strong revenue growth of 515% YoY to $7.6M in 2025 from $1.2M in 2024, alongside an improved gross loss of $1.6M versus $7.3M. However, net losses widened 35% to $74.8M from $55.3M due to higher operating expenses ($53.9M vs $46.8M) and increased other expenses including fair value changes on warrants and debt, with cash burn from operations rising to $59.9M from $45.5M. Cash and equivalents increased to $59.3M from $37.2M, bolstered by $82.4M in financing inflows amid pre-merger activities.
- ·Total assets grew to $80.6M from $49.2M YoY.
- ·Stockholders’ deficit deepened to $535.6M from $131.5M.
- ·Warrant liabilities surged to $76.8M from $3.6M.
- ·Business Combination Agreement signed August 13, 2025; SPAC name change October 21, 2025.
- ·Audited by BDO USA, P.C. (formerly HORNE LLP) on March 20, 2026.
20-03-2026
Okeanis Eco Tankers Corp. reported revenue of $391.5M for the year ended December 31, 2025, a 0.4% decline from $393.2M in 2024, while Time Charter Equivalent (TCE) revenue rose 1.3% to $265.4M supported by 1.4% higher operating days at 5,025. However, the daily TCE rate was nearly flat, dipping 0.1% to $52,823 from $52,898, with both revenue and TCE remaining below 2023 levels of $413.1M and $297.8M respectively.
- ·Loan covenants require minimum corporate liquidity of the higher of $10M or $750,000 per vessel in cash and equivalents.
- ·Voyage expenses decreased to $121.9M in 2025 from $127.2M in 2024.
- ·Commissions rose to $4.3M in 2025 from $4.0M in 2024.
20-03-2026
Intelligent Protection Management Corp. (IPM) furnished an investor presentation reporting Full Year 2025 revenue of $23.6M and Q4 2025 revenue of $6.1M, with net loss declining 42% YoY and Adjusted EBITDA turning positive in Q4, marking the first operational quarter post-transformation in Q1 2025. The company acquired Newtek Technology Solutions from NewtekOne in January 2025 for $4.0M cash and 4.0M shares of non-voting convertible preferred stock, adding over 50 employees and more than 17,000 customers, while divesting non-core legacy businesses for $1.4M plus up to $5M in earn-outs. No declines in revenue were reported, though historical net losses persist despite improvement.
- ·Q4 2025 Revenue Breakdown: Managed Information Technology $3.9M, Procurement $0.4M, Professional Services $1.5M, Subscription $0.3M
- ·Full Year 2025 Revenue Breakdown: Managed Information Technology $14.8M, Procurement $5.4M, Professional Services $1.1M, Subscription $2.3M
- ·Data center leases through 2032
- ·Historical gross margins of 50-55%
20-03-2026
Lantheus Holdings, Inc. issued a DEFA14A proxy notice for its Annual Meeting of Stockholders on April 30, 2026, with a record date of March 6, 2026. Key proposals include electing four Class II directors (Minnie Baylor-Henry, Heinz Mäusli, Julie McHugh, and Phuong Khanh Morrow), advisory votes on executive compensation and frequency (board recommends annually), declassifying the Board of Directors, approving the Amended and Restated 2026 Equity Incentive Plan, and ratifying Deloitte & Touche LLP as auditors for the fiscal year ending December 31, 2026. Paper proxy requests must be made by April 20, 2026.
- ·Meeting location: North Bldg. Cafe at the Lantheus Bedford Office, 201 Burlington Rd., Bedford, MA 01730
- ·Virtual attendance requires pre-registration at www.proxydocs.com/LNTH
- ·Proxy materials available at www.proxydocs.com/LNTH or www.investorelections.com/LNTH
20-03-2026
Ascend Wellness Holdings, Inc. issued a notice of availability of proxy materials for its virtual Annual Meeting of Stockholders on April 29, 2026, at 11:00 a.m. ET. Key proposals include election of directors, ratification of WithumSmith+Brown, PC as independent auditors, and approval of the stock incentive plan, all recommended 'FOR' by the Board. No financial metrics or performance data are disclosed in this filing.
- ·Paper copy requests deadline: April 15, 2026, 4:00 p.m. ET
- ·Proxy submission deadline: April 27, 2026, 11:00 a.m. ET
- ·Virtual meeting link: https://meetings.lumiconnect.com/400-906-287-553 (password: ascend2026)
- ·Proxy materials available at: https://odysseytrust.com/client/ascend-wellness-holdings/ or www.sedarplus.ca
20-03-2026
Hope Bancorp, Inc. disclosed that directors David P. Malone and Lisa K. Pai notified the company of their intent to retire from the Board effective at the 2026 Annual Meeting of Stockholders, and they will not stand for re-election. Mr. Malone will continue as chair of the Board Risk Committee, and Ms. Pai as a member of the Board Risk Committee and Executive Committee until their terms end. The retirements are not due to any disagreements with the company's operations, policies, or practices.
- ·Filings signed by Kevin S. Kim on March 20, 2026.
- ·Company address: 3200 Wilshire Boulevard, Suite 1400, Los Angeles, California 90010.
- ·Common stock trades as HOPE on NASDAQ Global Select Market, par value $0.001 per share.
20-03-2026
On March 18, 2026, The Walt Disney Company's Board appointed Josh D’Amaro, its Chief Executive Officer, as a Director effective immediately with a term expiring at the 2027 annual meeting and to the Executive Committee. At the annual shareholder meeting on the same date, all 11 director nominees were elected with strong majority support (ranging from 93% to 99% of votes cast), PricewaterhouseCoopers LLP was ratified as auditors with 1.39B votes for (93% approval), and say-on-pay passed with 1.09B votes for (86% approval). However, three shareholder proposals on gift-matching risks, cumulative voting, and accessibility practices were overwhelmingly rejected (each with less than 5% support).
- ·Shareholder proposal on climate commitments ROI was withdrawn prior to the meeting and not voted on.
- ·Disclosure from February 3, 2026 Form 8-K incorporated by reference regarding Josh D’Amaro.
- ·Filing includes Exhibit 104: Cover Page Interactive Data File.
20-03-2026
On March 18, 2026, Beeline Holdings, Inc. (BLNE) exchanged the holder's remaining 4,425,102 shares of Series A Convertible Redeemable Preferred Stock for 983,356 shares of common stock, calculated by dividing the stated value by $2.25 per share, resulting in no Series A shares outstanding. This issued fewer shares than the original $1.75 conversion terms, which would have required an additional 280,959 shares. The Company filed a certificate of withdrawal for the Series A designation with the Nevada Secretary of State on March 20, 2026.
- ·Exchange exempt from registration under Section 3(a)(9) of the Securities Act of 1933
- ·Principal executive offices: 188 Valley Street, Suite 225, Providence, RI 02909
20-03-2026
Fortive Corporation and certain subsidiaries entered into a Third Amended and Restated Credit Agreement dated March 17, 2026, establishing a senior revolving credit facility of up to $2 billion, including a multicurrency subfacility and swing line loans, amending and restating the prior agreement from October 18, 2022. The agreement extends the maturity date, modifies lender commitments, and is administered by Bank of America, N.A., with participation from multiple joint lead arrangers and bookrunners. No declines or flat metrics are present in this financing update.
- ·Alternative Currency Sublimit equals 90% of the Revolving Credit Facility.
- ·CUSIP Numbers: Deal 34960UAW0, Revolver 34960UAX8.
- ·Filing Date: March 20, 2026; Agreement Effective Date: March 17, 2026; Prior Agreement Date: October 18, 2022.
20-03-2026
Universal Logistics Holdings, Inc. appointed Ernst & Young LLP as its new independent registered public accounting firm effective March 16, 2026, for the fiscal year ending December 31, 2026. The Audit Committee approved the engagement, and there were no prior consultations with EY on accounting principles, audit opinions, disagreements, or reportable events during fiscal years ended December 31, 2024 and 2025, or through March 16, 2026.
- ·Filing submitted on March 20, 2026.
- ·Registrant incorporated in Nevada, CIK 0001308208, IRS EIN 38-3640097.
20-03-2026
Cheetah Net Supply Chain Service Inc. reported FY2025 revenue of $1.3M from logistics and warehousing, up 182.7% YoY from $0.5M, driven by TWEW segment growth to $1.1M (+673% YoY for full year post-acquisition) despite Edward segment declining 32.2% YoY to $0.2M due to U.S.-China trade tensions. However, operating loss widened 22.4% YoY to $4.6M primarily from $731K impairment on Edward-related intangibles and goodwill, gross profit fell 6.6% YoY to $167K, and net loss from continuing operations increased 12.9% to $3.6M. The parallel-import vehicle business was discontinued in March 2025, contributing no revenue vs. $1.6M in 2024.
- ·Cash used in continuing operations ~$2.5M in FY2025.
- ·Total assets $11.9M as of Dec 31, 2025 (down from $15.4M in 2024).
- ·G&A expenses decreased 0.4% YoY due to lower recruiting, insurance, and professional fees, offset by higher rent and payroll.
- ·Interest income $924K in FY2025, up 188% YoY from public offering proceeds.
- ·Parallel-import vehicle business discontinued March 3, 2025; FY2024 net loss ~$2.0M.
20-03-2026
Firdaus Bhathena, Chief Product Technology Officer of Fidelity National Information Services, Inc. (FIS), notified the company of his resignation effective March 20, 2026, on March 18, 2026. No reason for departure or successor announcement was provided in the 8-K filing dated March 20, 2026. This executive change occurs without any disclosed impact on operations or financials.
20-03-2026
Ascend Wellness Holdings, Inc. (AAWH) filed a DEF 14A proxy statement dated March 20, 2026, soliciting proxies for its annual general meeting. Shareholders can submit proxies online prior to 11:00 a.m. ET on April 27, 2026, or attend the virtual AGM using meeting ID 400-906-287-553 and password 'ascend2026'. No financial results, performance metrics, or material proposals are detailed in the provided content.
- ·Virtual AGM access: https://web.lumiagm.com (Meeting ID: 400-906-287-553; Password: ascend2026)
- ·Online voting: https://vote.odysseytrust.com (requires control number)
- ·Proxy voting deadline: 11:00 a.m. ET, Monday, April 27, 2026
20-03-2026
Climb Global Solutions, Inc. filed a Certificate of Amendment to its Restated Certificate of Incorporation, authorizing a total of 40,010,000 shares: 40,000,000 common shares (par value $0.01) and 10,000 preferred shares (par value $0.01). Effective at 4:01 p.m. Eastern Time on March 20, 2026, each outstanding common share will be subdivided into four shares in a 4-for-1 stock split. The amendment was approved solely by the Board of Directors pursuant to DGCL Section 242(d)(1), without stockholder approval.
- ·Previous amendments to Certificate of Incorporation: July 21, 1995 (restated), August 21, 2006, and October 25, 2022.
- ·Par value for both common and preferred stock: $0.01 per share.
20-03-2026
Lantheus Holdings, Inc.'s DEF 14A proxy statement, filed March 20, 2026, discloses 2025 equity grants to non-employee directors of 2,537 RSUs and stock options for 4,543 shares each on May 14, 2025, with unvested holdings detailed as of December 31, 2025. Beneficial ownership as of the March 6, 2026 record date shows Mary Anne Heino holding 664,744 shares (1.0%), Brian A. Markison holding 180,678 shares, and other directors and NEOs holding smaller stakes, with 64,971,604 shares outstanding. All directors meet or are within the five-year compliance period for stock ownership guidelines requiring three times the annual cash retainer.
- ·Record date for beneficial ownership: March 6, 2026
- ·2025 Form 10-K filed with SEC on February 26, 2026
- ·Dr. Morrow received initial grant of 563 RSUs and 1,015 stock options on February 7, 2025, plus annual grant
- ·All non-employee directors subject to short-term trading, hedging, and pledging prohibitions
20-03-2026
Scorpio Tankers Inc. reported net income of $344.3M for the year ended December 31, 2025, a 49% YoY decline from $668.8M, primarily due to a 25% drop in vessel revenue to $938.2M and weakness across pool and spot market segments (MR -35%, LR2 -29%, Handymax -9%). While time charter-out revenue rose 11% to $170.2M, vessel operating costs decreased 10%, and financial expenses fell 27%, consolidated TCE revenue declined 26% to $901.3M with daily TCE down 20% to $25,964. Total revenue days decreased 7% to 34,816.
- ·Total debt reduced from $628.4M at Dec 31, 2025 to $589.1M at March 19, 2026.
- ·Upcoming vessel construction installments total $709.8M, with $171.7M due <1 year and $400.9M in 1-3 years.
- ·Drydock in-progress at Dec 31, 2025: $1.1M cost.
- ·Net cash from financing activities: -$344.1M in 2025 (improved from -$1.2B in 2024).
- ·Gain on sales of vessels: $45.5M in 2025, down 74% YoY.
20-03-2026
Horizon Bancorp, Inc. filed a definitive proxy statement (DEF 14A) for its 2026 Annual Meeting of Shareholders, to be held virtually on May 7, 2026, at 10:00 a.m. CDT, with a record date of March 13, 2026. Shareholders will vote on electing four directors for three-year terms expiring in 2029, an advisory (non-binding) vote to approve executive compensation, and ratification of Forvis Mazars, LLP as the independent registered public accounting firm for 2026. The proxy materials and Annual Report for the year ended December 31, 2025, are available online, with printed copies available upon request.
- ·Virtual meeting access: www.meetnow.global/MGRACXW using 15-digit control number.
- ·Street name holders must register legal proxy by April 17, 2026, 9:00 a.m. CDT.
- ·Proxy materials mailed as Notice on March 18, 2026; available at www.investorvote.com/hbnc.
20-03-2026
Bain Capital GSS Investment Corp. (BCSS-WT) filed its 10-K annual report on March 20, 2026, presenting financial statements for the period from inception on March 24, 2025, through December 31, 2025, including balance sheet, statement of operations, changes in shareholders' deficit, and cash flows. The filing defines key terms such as private placement units, shares, and warrants issued to the sponsor simultaneously with the initial public offering and notes potential post-business combination risks like change in control or debt burdens. No operational performance metrics or period-over-period comparisons are detailed in the provided content.
- ·Financial statements as of December 31, 2025, and for the period March 24, 2025 (inception) through December 31, 2025
- ·Includes Report of Independent Registered Public Accounting Firm and Notes to Financial Statements (F-7 to F-18)
20-03-2026
Kennedy-Wilson Holdings, Inc. has filed a preliminary proxy statement (PREM14A) for a special stockholder meeting to approve a merger with Kona Merger Subsidiary, Inc., a wholly owned subsidiary of Kona Bidco, LLC, pursuant to an Agreement and Plan of Merger dated February 16, 2026. The Board, upon recommendation of a Special Committee of independent directors, has determined the transaction is advisable, fair, and in the best interests of the company and its stockholders, including unaffiliated security holders, and recommends approval. Concurrently, voting and support agreements, rollover agreements, and equity commitment letters have been executed by relevant parties.
- ·Merger Agreement dated February 16, 2026
- ·Proxy filing date: March 20, 2026
- ·Incorporates by reference: 10-Q for quarter ended September 30, 2024 (filed Nov 7, 2024); 10-Q for quarter ended September 30, 2025 (filed Nov 7, 2025); 8-Ks filed Feb 17, 2026; Mar 2, 2026; Mar 16, 2026
- ·Special Meeting document request deadline: no later than [•], 2026
20-03-2026
On March 18, 2026, Black Rock Coffee Bar, Inc. entered into an irrevocable proxy with the Jacob V. Spellmeyer 2021 Trust, Juliet A. Spellmeyer 2021 Trust, Bryan D. Pereboom 2021 Trust, and Nicole R. Pereboom 2021 Trust, all Class C common shareholders, granting the Company, its CEO, or designees authority to vote their Covered Shares (Class A, B, or C common stock) until the later of two years from March 18, 2026, or termination of the September 11, 2025 Voting Agreement. The Proxy Parties are also parties to the Voting Agreement involving Viking Cake Fuel, LLC and Viking Cake Fuel II, LLC. No financial terms or performance metrics were disclosed.
- ·Proxy filed as Exhibit 10.1
- ·Voting Agreement dated September 11, 2025
- ·Proxy effective until later of March 18, 2028 or Voting Agreement termination
20-03-2026
Energy Services of America Corporation declared a quarterly cash dividend of $0.03 per common share on March 20, 2026. The dividend will be payable on April 15, 2026, to shareholders of record at the close of business on March 31, 2026. No comparative financial metrics or performance data were provided in the filing.
- ·Common Stock ticker: ESOA, par value $0.0001, listed on Nasdaq
- ·Registrant's address: 75 West 3rd Ave., Huntington, West Virginia 25701
- ·Telephone: (304) 522-3868
20-03-2026
Chain Bridge Bancorp reported net income of $20.2M for the year ended December 31, 2025, down 3.4% YoY from $20.9M in 2024, driven by a sharp 59.4% decline in noninterest income to $3.5M despite robust 16.1% growth in net interest income to $51.5M. Average total assets expanded 19.0% to $1.54B, but noninterest expenses increased 12.0% to $30.1M and net interest margin compressed slightly to 3.39% from 3.46%. While taxable securities interest surged 77.3% to $21.8M, loan interest fell 3.6% to $13.3M and deposit placement services revenue plummeted 86.5% to $0.8M.
- ·Recapture of credit losses increased to $0.5M from $0.2M (205.6% YoY).
- ·Average interest-earning assets grew to $1.52B from $1.28B.
- ·Tier 1 capital, leverage, and total capital ratios not provided in excerpt.
- ·Charter effective October 3, 2024.
20-03-2026
Datavault AI Inc. (DVLT) filed an S-3 shelf registration statement on March 20, 2026, registering up to $1B in common stock, preferred stock, debt securities, warrants, rights, and units for potential future offerings. The prospectus incorporates by reference the Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (filed March 18, 2026) and multiple Form 8-K reports from January to March 2026. An SEC registration fee of $138,100 is estimated, with other expenses to be detailed in future prospectus supplements.
- ·Former company names: WISA TECHNOLOGIES, INC. (name change effective March 11, 2022), Summit Wireless Technologies, Inc. (September 14, 2018), Summit Semiconductor Inc. (May 1, 2018)
- ·Incorporated 8-K filings: January 5, 2026 (two), January 7, 2026 (two), January 8, January 15, January 23, February 3, February 13, February 27, 2026 (two), March 19, 2026 (second)
- ·Business address: 15268 NW Greenbrier Pkwy, Beaverton, OR 97006; Investor contact: One Commerce Square, 2005 Market Street, Suite 2400, Philadelphia, PA 19103
20-03-2026
Star Equity Holdings, Inc. reported a widened net loss attributable to common shareholders of $6.7M in 2025 versus $4.8M in 2024, with net loss increasing to $5.9M. While EBITDA loss narrowed to $2.0M from $2.5M and the new Building Solutions segment delivered $27.6M revenue, $6.3M gross profit, and $2.4M EBITDA (9% margin), Business Services revenue was flat at $139.7M YoY with gross profit up 2% to $71.8M but SG&A rising 2% to $70.4M (50% of revenue).
- ·Provision for income taxes: $2.1M in 2025 vs $1.3M in 2024
- ·Interest income, net: $(0.3)M in 2025 vs $(0.4)M in 2024
- ·Depreciation and amortization (cost of revenues): $0.9M in 2025 vs $0
- ·Depreciation and amortization (SG&A): $1.2M in 2025 vs $1.4M in 2024
20-03-2026
Aptiv PLC announced early results and upsized its subsidiary Aptiv Swiss Holdings Limited's cash tender offer for seven series of senior notes, increasing the maximum aggregate consideration from $1.35B to $1.371B. The tender offer remains conditioned on the spin-off of its Electrical Distribution Systems business into Versigent and receipt of at least a $1.7B special dividend from Versigent. Press releases with details were filed as Exhibits 99.1 and 99.2.
- ·Tender Offer to Purchase dated March 6, 2026
- ·Early results and pricing terms announced via press releases on March 20, 2026
- ·Company address: Spitalstrasse 5, 8200 Schaffhausen, Switzerland
20-03-2026
Lightwave Logic, Inc. reported a narrowed net loss of $20.3M for the year ended December 31, 2025, an improvement of 10% from $22.5M in 2024, supported by reduced R&D expenses to $11.5M (down 32% YoY) and higher net sales of $0.24M (up 148% YoY). However, G&A expenses increased 49% to $9.5M, contributing to ongoing operational losses, while cash burn from operations improved slightly to $13.7M from $15.6M. Total assets grew to $79.2M from $37.8M, driven by $56.9M in financing activities that boosted cash to $69.0M from $27.7M.
- ·Property and equipment net decreased to $5.2M from $5.7M.
- ·Common shares outstanding increased to 146.1M from 123.3M due to issuances and exercises.
- ·Financing activities provided $56.9M net cash in 2025 vs $14.5M in 2024.
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