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Tokyo and New York, October 13, 2026 - Advasa Holdings, Inc. (Nasdaq: ADBT), a fintech payment holding company delivering Earned Wage Access (EWA) and financial infrastructure solutions, announced its five-year medium-term operating goals covering the fiscal years ending March 31, 2027 through March 31, 2031.The company is targeting consolidated revenue of USD 632.91 million and…

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MIAMISBURG, Ohio, USA - Accelevation Holdings Corp. (Nasdaq: ACCV), a leading designer, manufacturer and installer of customized structural, electrical and mechanical systems for mission-critical infrastructure, announced that it has entered into a new $650 million senior secured credit agreement. The new facilities replace the company's former credit facilities established prior to its initial public offering.Transaction…

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HOUSTON, Texas, USA - SKK Holdings Limited (NASDAQ: SKK) has successfully closed its asset purchase agreement with Rantizo, Inc., acquiring substantially all of Rantizo's drone assets for approximately 258.8 million dollars. In connection with the transaction, the company has changed its name to Rantizo, and its Class A ordinary shares are scheduled to begin trading on the Nasdaq Capital Market under the new ticker symbol RNTZ.

The acquisition establishes a publicly traded drone platform focused on commercial applications such as precision spraying, seeding, and monitoring across agriculture, forestry, emergency response, and commercial sectors. Consideration for the transaction primarily consists of newly issued Class A ordinary shares, with Rantizo owning approximately 87 percent of the issued and outstanding Class A ordinary shares following the close.

Transaction Details

• Consideration: Rantizo received 51,966,591 newly issued Class A ordinary shares based on a valuation formula.
• Concurrent Share Purchase: Rantizo acquired 1,085,264 Class B ordinary shares for 8 million dollars in cash consideration, payable upon post-closing conditions.
• Board Representation: Rantizo has the right to nominate two directors to the board, including one executive and one independent director.
• Lock-Up and Registration: Consideration and management shares are subject to a six-month lock-up, alongside customary registration rights.

College Park, Maryland, USA. IonQ (NYSE: IONQ), a prominent full-stack quantum platform and foundry, has announced a definitive agreement to acquire Elisity, Inc., a specialist in Zero Trust security. The all-stock transaction is valued at up to $1.3 billion, a figure that includes an earnout opportunity of up to $150 million contingent on the performance of the Elisity business.

Strategic Rationale

The acquisition is designed to integrate IonQ's post-quantum cryptography (PQC) and quantum key distribution (QKD) capabilities with Elisity's established Zero Trust technology platform. This combination aims to provide a robust cybersecurity defense for enterprise and government clients, addressing both current threats and emerging risks posed by the quantum era. As part of the merger, IonQ intends to leverage Elisity's existing enterprise customer base and deep expertise in microsegmentation to accelerate the market adoption of its quantum security solutions.

Key Highlights

• Enhanced Security Platform: The merger combines IonQ's quantum-safe tools with Elisity's IdentityGraph, which informs access policies for users, devices, and AI agents.
• Market Opportunity: The deal targets the $10 billion microsegmentation market, positioning IonQ to offer an integrated, multi-layered security suite.
• Leadership Continuity: Post-closing, Elisity will continue to operate under its current leadership, including CEO James Winebrenner, maintaining its track record of customer success.
• Timing: The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions and regulatory approvals.

SAN FRANCISCO, USA - Evernorth Holdings Inc. (Nasdaq: XRPN), a digital asset treasury company focused on institutional access to the XRP economy, announced that Hugo Jeandesboz has joined the company as Chief Investment Officer.Mr. Jeandesboz, former Co-Chief Investment Officer and Head of Solutions at Coinbase Asset Management, will lead Evernorth's XRP treasury strategy, overseeing treasury…

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San Francisco, California, USA - Evernorth Holdings Inc. announced that Armada Acquisition Corp. II has entered into an amendment to its warrant agreement originally dated May 20, 2025.The amendment conforms the provisions of the warrant agreement to the description of the warrants contained in the prospectus for Armada II's initial public offering. Warrants will now…

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Riverside, California - SolarMax Technology, Inc. (Nasdaq: SMXT), an integrated solar energy company, reported its financial results for the three and six months ended June 30, 2026.

Financial Performance Overview

For the second quarter of 2026, the company reported revenue of $10.2 million, representing a 49 percent increase compared to $6.9 million in the same period of 2025. Gross profit reached $2.4 million, up 299 percent from $605,000 in the second quarter of 2025.

Total operating expenses were $6.9 million for the quarter, which included a one-time expense of $4.3 million related to a legal judgment concerning the company's China segment. This compares with operating expenses of $2.4 million in the second quarter of 2025.

Net loss for the second quarter of 2026 was $4.7 million, or $0.98 per share, compared to a net loss of $1.9 million, or $0.50 per share, in the second quarter of 2025.

Financial Highlights

• Revenue: $10.2 million, up 49% year-over-year.
• Gross profit: $2.4 million, up 299% year-over-year.
• Total operating expense: $6.9 million, including a $4.3 million one-time legal judgment.
• Net loss: $4.7 million, or $0.98 per share.

Management highlighted that despite the impact of the legal judgment, the core business showed strong growth in revenue and gross profit. The company continues to focus on engineering, procurement, and construction projects, cost management, and expanding into large-scale energy storage and industrial EPC services.

Singapore and Hong Kong, October 09, 2026 - NETCLASS TECHNOLOGY INC (Nasdaq: NTCL), a B2B smart education IT solutions provider, has announced a strategic business expansion into the AI companion smart hardware market. The company has formed a joint venture named Linkee AI Company Limited, holding a 40% interest, and launched its debut interactive AI smart pet line, LinkeeBot.

Strategic Expansion and Product Details

Powered by natural language processing models, LinkeeBot offers real-time voice interaction, empathetic conversational support, daily schedule management, and interactive productivity prompts. The smart pet form factor targets college students, young professionals, and Gen-Z consumers across Southeast Asia, Mainland China, Hong Kong, and Japan.

To maximize capital efficiency, NetClass is employing an asset-light business model. By collaborating with established hardware manufacturers and software infrastructure providers, the company aims to limit capital expenditure while focusing its resources on software intellectual property, brand development, and international channel distribution.

Key Highlights:

• Strategic entry into AI companion smart hardware with the launch of LinkeeBot.
• Formation of Linkee AI Company Limited joint venture, with NetClass holding a 40% stake.
• Targeting established student and Gen-Z demographics in Asian markets using an asset-light model.

Raleigh, North Carolina, USA - Vogenx, Inc. (Nasdaq: VOGX), a clinical-stage developer of novel therapeutics for serious metabolic and gastrointestinal diseases, announced that Richard Rich Gorman will join the management team as Chief Commercial Officer, effective October 12, 2026.Mr. Gorman, who has served as an independent member of the Vogenx Board of Directors since 2022,…

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Geneva, Switzerland and Palo Alto, California - Quantisimo Corp., a sovereign quantum vertical platform established by WISeQey (Nasdaq/SIX: WQEY) and SEALSQ (Nasdaq: LAES), has signed a definitive business combination agreement with GigCapital8 Corp. (NASDAQ: GIW). The transaction will result in Quantisimo and GigCapital8 becoming wholly owned subsidiaries of a newly formed holding company, Quantisimo Holding Corp. (PubCo), which is expected to list on the Nasdaq Capital Market under the ticker symbol QSMO.

The business combination implies a pro forma equity value for Quantisimo of approximately $666.1 million at $10.00 per share, with WISeQey and SEALSQ receiving an aggregate of 66,610,000 shares and retaining a majority of PubCo's outstanding ordinary shares. The transaction is supported by a minimum cash condition of $15 million and is expected to close in the first quarter of 2027.

Transaction Details

• Combined Valuation: Pro forma equity value of approximately $666.1 million at $10.00 per share.

• Consideration: WISeQey and SEALSQ will receive 66,610,000 shares in the new publicly listed holding company.

• Minimum Cash Condition: $15 million to be funded through GigCapital8 trust account cash, PIPE investments, and a matching cash contribution from SEALSQ.

• Expected Closing: First quarter of 2027, subject to shareholder approval and customary closing conditions.

• Ticker Symbol: QSMO on the Nasdaq Capital Market.