Ecarx Completes Acquisition of Flyme Software Business

Neighborhood Intelligence set a registered direct offering of 16,485,508 common shares or pre-funded warrants at $2.76 each. Gross proceeds expected at about $45.5 million; closing targeted on or about Oct. 6, 2026. Warrants issued to buy up to 16,123,189 shares at $3.45; exercisable in six months; expire five years later. Highbridge led the deal; management participated, including Marcus Lemonis; CEO to buy shares only without warrants. Net proceeds earmarked to accelerate merger synergies, build inventory, support working capital; at-the-market facility cut to about $75 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neighborhood Intelligence Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261005545003) on October 05, 2026, and is solely responsible for the information contained therein.

Chevron set senior leadership changes effective Jan. 1, 2027, reshaping strategy, finance, Oil, Products & Gas, New Energies. Mark Nelson shifts from executive vice president of Oil, Products & Gas to lead Strategy and Business Development. Eimear Bonner moves from chief financial officer to president, Oil, Products & Gas. Jeff Gustavson becomes chief financial officer, moving from president of New Energies. Brent Gros takes over New Energies, moving from president of Offshore, adding oversight of Chevron’s AI strategy. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chevron Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20261005366851) on October 05, 2026, and is solely responsible for the information contained therein.

October 5 - ** Data center developer TeraWulf (WULF.O) saw its shares rise 3.2% to $16 in pre-market trading ** TeraWulf signed a revised agreement with Kentucky Power, a subsidiary of American Electric Power (AEP.O), to increase the contracted power capacity at its Muskie Data Campus in eastern Kentucky from 500 megawatts to 1 gigawatt ** The agreement advances the planned delivery timeline for the campus' second phase, a 500-megawatt project, from 2030 to 2029, subject to approval by the Kentucky Public Utilities Commission and depending on Kentucky Power's construction schedule ** The agreement is expected to provide $100 million in winter electricity bill credits for Kentucky Power’s residential customers, funded by TeraWulf, over the first 10 years of the contract ** As of the last close, the company’s share price had risen 34.8% so far this year.