Deep Fission Files for up to $1.66B Nasdaq IPO
Deep Fission announced a Nasdaq IPO seeking to raise $157 million at $24‑$26 per share, valuing the company at up to $1.66 billion. The filing follows a prior reverse merger with Surfside Acquisition and an $80 million equity investment, including $20 million from Blue Owl. The company aims to fund its subterranean reactor development for AI data centers.
Finland's TVO Secures First Green‑Labeled Credit Facility
Finnish state-owned power producer TVO announced that it has secured its first green‑labelled credit facility, marking a milestone in sustainable financing for the utility. The debt financing arrangement underscores TVO’s commitment to green energy and climate‑aligned financing, though the facility...
Sanlam Alternative Investments Invests $10M for 10% Stake in Africa GreenCo Group
Sanlam Alternative Investments announced a R165 million (≈US $10 million) investment, acquiring a 10% equity stake in Africa GreenCo Group, a renewable energy trading platform operating across the Southern African Power Pool. The strategic corporate venture aims to support GreenCo’s expansion and scaling...
Flagship Minerals Raises $1.8M in Strategic Placement to Fund Chilean Gold Project
ASX‑listed junior gold explorer Flagship Minerals announced a strategic placement that raised A$2.75 million (≈ $1.8 million) from investors including Shandong Xinhai Mining Technology & Equipment (A$500,000) and a European investor (A$2 million). The funds will support technical work, feasibility studies and working capital...
Toll Brothers and CrossHarbor Capital Partners Secure $173.25M Refinance for Vermeer Apartments via Corten Real Estate Credit Fund I
Joint‑venture partners Toll Brothers and CrossHarbor Capital Partners obtained a $173.25 million first‑mortgage bridge loan from Corten Real Estate Credit Fund I to refinance the Vermeer apartment complex in Washington, D.C. The loan was recorded in D.C. deed records in May 2026, marking...
Allstate Secures $200M of Florida Reinsurance with Sanders Re III 2026-2 Cat Bond
Allstate has secured a $200 million, four‑year Florida catastrophe reinsurance coverage through a cat bond issued by Sanders Re III Ltd. (Series 2026‑2). The bond was priced at a 4% spread, below guidance, and will provide fully‑collateralized protection through May 2030. The transaction is...
Beacon Pointe Advisors Acquires Financially In Tune, Adding $360M Female-Founded RIA
Beacon Pointe Advisors, a Newport Beach‑based RIA with about $63 billion in client assets, announced the acquisition of Financially In Tune, a Stoneham, Massachusetts RIA founded by Jeanne Gibson Sullivan that manages roughly $360 million in assets. The deal expands Beacon Pointe’s...
Sycamore Acquires Kano-Based Microfinance Bank to Secure MFB Licence
Nigerian fintech Sycamore completed the acquisition of an undisclosed Kano‑based microfinance bank, securing a microfinance bank licence and enabling it to mobilise deposits. The deal marks Sycamore’s transition from digital lending to a broader regulated financial services group, targeting a...
Bio Medica Laboratories Opens $5.7M SME IPO on NSE
Bio Medica Laboratories, a contract manufacturer of pharmaceutical parenteral formulations, opened its SME IPO on May 21, 2026, aiming to raise about ₹47 crore ($5.7M) through a fresh issue of 33.95 lakh shares and an offer for sale of 3.77 lakh shares. The...
Beannchor Secures $38M Finance Package From Ulster Bank for Hotel Expansion
Hospitality group Beannchor has secured a $38M finance package from Ulster Bank to refinance its Bullitt Hotel in Belfast and fund a new 98‑bed Bullitt Hotel development on Capel Street in Dublin, slated to open in 2028.
Spearmint Energy Secures $450M Project Financing for Red Egret BESS in Texas
Spearmint Energy closed approximately $450 million in project financing to fund its 300 MW/600 MWh Red Egret battery energy storage system in Texas. The financing package includes construction debt, tax equity and capital to support build‑out and long‑term operation. The deal positions Spearmint...
ICTSI Secures $300M AIIB Loan for Philippine Port Expansion
International Container Terminal Services Inc. (ICTSI) received a $300 million senior unsecured corporate loan from the Asian Infrastructure Investment Bank (AIIB), the bank’s first non‑sovereign‑backed transaction in the Philippines. The financing will fund expansion of three container terminals and purchase of...
ICEYE Secures $327M Revolving Credit Facility to Scale Sovereign Satellite Intelligence
Finnish satellite imaging firm ICEYE announced a €300 million (≈$327 million) three‑year revolving credit facility backed by a seven‑bank syndicate. The facility will provide liquidity, support guarantees for customer contracts, and fund continued growth of its SAR satellite constellation serving defence, intelligence,...
FortuneX Acquisition Corp Prices $75M IPO
FortuneX Acquisition Corporation (NASDAQ:FXACU) announced the pricing of its $75 million initial public offering. The SPAC’s units will begin trading on Nasdaq under the ticker FXACU on May 22, 2026, with the offering slated to close on May 26, 2026. Polaris Advisory Partners, a division...
Seagate Enters Exchange Agreements to Retire $185.9M Senior Notes
Seagate Technology Holdings and its subsidiary Seagate HDD Cayman signed exchange agreements with noteholders to swap $185.908 million of 3.50% exchangeable senior notes due 2028 for cash and Seagate shares. The transaction, valued at about $185.9 million, is expected to close around...