Stockwinners Market Radar for November 29, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

14:15 EST EU approves Lufthansa-ITA Airways merger remedies - The European Commission has approved, under the EU Merger Regulation, EasyJet Airline Company PLC (ESYJY), International Airlines Group (ICAGY) and Air France-KLM S.A. (AFLYY) as suitable remedy takers under the commitments made by Lufthansa AG (DLAKY) and the Italian Ministry of Economy and Finance in order to acquire joint control over ITA Airways. The approval of suitable remedy takers is a condition for Lufthansa and the MEF to implement the transaction. In July 2024, the Commission approved the acquisition of joint control of ITA by Lufthansa and the MEF, conditional upon full compliance with a remedy package submitted by Lufthansa and the MEF consisting of: Commitments for short-haul routes: Lufthansa and the MEF had to make available to one or two rival airlines the necessary assets to enable them to start non-stop flights between Rome or Milan and certain airports in Central Europe. They also had to ensure that one of those rival airlines would have access to ITA's domestic network to offer indirect connections between certain airports in Central Europe and certain Italian cities other than Rome and Milan. Commitments for long-haul routes: Lufthansa and the MEF had to enter into agreements with rivals to improve their competitiveness on the long-haul routes of concern between Italy and North America, for instance through interlining agreements or slot swaps. This would lead to increased frequencies of non-stop flights and/or improved connections for one-stop flights on each of the routes. Commitments for Milan Linate airport: Lufthansa and MEF also had to transfer take-off and landing slots at Linate airport to the remedy taker(s) for the short-haul routes to address competition concerns at the airport. Pursuant to the commitments, Lufthansa and the MEF can only implement the transaction following the Commission's approval of suitable remedy takers for each of the short-haul, long-haul and Milan Linate commitments. Reference Link

13:33 EST MasTec COO Apple sells 10,000 common shares - In a regulatory filing, MasTec COO Robert Apple disclosed the sale of 10,000 common shares of the company on November 26 at a price of $150 per share.

13:07 EST PolyPid receives noncompliance notification from Nasdaq - PolyPid announced that it has received a written notification from the listing qualifications staff of Nasdaq notifying the company that it is no longer in compliance with the minimum stockholders' equity requirement for continued listing on Nasdaq, listing Rule 5550, due to its failure to maintain a minimum of $2.5M in stockholders' equity. In the company's Form 6-K dated November 13, the company reported stockholders' equity of approximately $2.16M as of September 30.

13:06 EST Everest Consolidator Acquisition Corp trading halted, news pending

12:51 EST Commerce sets new antidumping tariff rate of 125.37% on certain solar cells - On November 29, 2024, the U.S. Department of Commerce announced its preliminary affirmative determinations in the antidumping duty investigations of Crystalline Photovoltaic Cells Whether or Not Assembled into Modules from Cambodia, Malaysia, Thailand and Vietnam. Commerce is conducting concurrent countervailing duty investigation of Crystalline Photovoltaic Cells Whether or Not Assembled into Modules from Cambodia, Malaysia, Thailand and Vietnam. The department set a preliminary estimated weighted-average dumping margin rate of 125.37% on Hounen Solar, Solar Long PV Tech Cambodia, and others. The petitioner is The American Alliance for Solar Manufacturing Trade Committee, the members of which are First Solar (FSLR), Hanwha Q CELLS USA, Inc., and Mission Solar Energy LLC. Other publicly traded companies in the space include Array Technologies (ARRY), Canadian Solar (CSIQ), Emeren (SOL), FTC Solar (FTCI), JinkoSolar (JKS), Maxeon Solar (MAXN), Shoals Technologies (SHLS), SolarEdge (SEDG) and SunPower (SPWR). Reference Link

12:00 EST D-Wave Quantum rises 13.3% - D-Wave Quantum is up 13.3%, or 36c to $3.10.

12:00 EST Cosan falls -9.2% - Cosan is down -9.2%, or -67c to $6.65.

12:00 EST Sendas Distribuidora falls -12.6% - Sendas Distribuidora is down -12.6%, or -79c to $5.49.

11:49 EST Veon announces unfreezing of corporate rights in Kyivstar - Veon announced that the Shevchenkivskyi District Court of Kyiv has ruled in favor of a request to unfreeze 47.85% of the company's corporate rights in Kyivstar and 100% of its corporate rights in its other Ukrainian subsidiaries. The decision fully removes the restrictions on Veon's corporate rights imposed by the Ukrainian courts on our wholly owned subsidiary Kyivstar and our other Ukrainian subsidiaries, the company said in a statement. :Today's decision demonstrates Ukraine's commitment to upholding the rule of law and fostering an environment supportive to business. This ruling sends a strong message to the international community, including VEON's own investors, that investing in Ukraine is the right thing to do. We would like to thank the Ukrainian authorities for a continued open and transparent communication. We are excited to continue exploring the ways in which VEON can play a greater role in bringing international and local investors into Kyivstar, in line with VEON's previously disclosed strategic direction for value creation in our digital operators,: said Kaan Terzioglu, CEO of Veon.

11:11 EST Unusual Machines Inc trading resumes

11:06 EST Unusual Machines Inc trading halted, volatility trading pause

10:56 EST Federal Reserve approves United Bankshares acquisition of Piedmont - The Federal Reserve Board announced its approval of the application by United Bankshares to acquire Piedmont Bancorp. The Board also gave its approval for United Bank to merge with Piedmont Bank and establish and operate branches at Piedmont Bank's locations.

10:42 EST Evotec Chief Operating Officer to step down on December 31 - Evotec announced that its Chief Operating Officer, Dr Craig Johnstone, will step down and leave the company effective December 31. Dr Johnstone joined Evotec in May 2012 as SVP Drug Discovery and Innovation Efficiency and in April 2015 was named President and Site Head, Evotec (France) SAS. Dr. Johnstone was appointed Global Head, Integrated Drug Discovery in January 2017 and became Chief Operating Officer and a member of the Management Board of Evotec on 01 January 2019. Prof. Dr Iris Low-Friedrich, Chairwoman of the Supervisory Board of Evotec, said: "In his 12-year tenure, Craig has been instrumental in shaping Evotec and Global Operations in particular. On behalf of Evotec's Supervisory Board, I would like to express our sincere gratitude to Craig for his commitment to the Company over the past decade. We wish Craig success in his future endeavours."

10:05 EST S&W Seed trading halted, volatility trading pause

10:00 EST Archer Aviation rises 12.6% - Archer Aviation is up 12.6%, or $1.02 to $9.10.

10:00 EST ProShares UltraShort Bloomberg Natural Gas falls -10.2% - ProShares UltraShort Bloomberg Natural Gas is down -10.2%, or -$6.58 to $58.01.

10:00 EST Cosan falls -14.2% - Cosan is down -14.2%, or -$1.04 to $6.28.

09:48 EST Zeta Global rises 5.7% - Zeta Global is up 5.7%, or $1.15 to $21.34.

09:48 EST BlackSky rises 5.9% - BlackSky is up 5.9%, or 65c to $11.60.

09:47 EST Sabesp falls -8.5% - Sabesp is down -8.5%, or -$1.39 to $15.02.

09:47 EST Cosan falls -14.3% - Cosan is down -14.3%, or -$1.05 to $6.27.

09:40 EST Genenta Science SPA (ADR) trading resumes

09:32 EST iClick Interactive Asia trading halted, volatility trading pause

09:30 EST Genenta Science SPA (ADR) trading halted, volatility trading pause

09:15 EST Jianzhi Education regains compliance with Nasdaq listing rule - Jianzhi Education Technology Group has received a written notification letter from the staff of the Listing Qualifications Department of the Nasdaq Stock Market dated November 27, 2024, informing the Company that it has regained compliance with Nasdaq Listing Rule 5550(a)(2).

09:12 EST Silynxcom secures $270,000 order for tactical headsets - Silynxcom has received a purchase order valued at $270,000 from a prominent military customer for its advanced tactical headsets.

09:03 EST Cohen Circle Acquisition I announces separate trading of shares, warrants - Cohen Circle Acquisition Corp. I announced that, commencing December 2, 2024, holders of the units sold in the Company's initial public offering may elect to separately trade the Company's Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols "CCIR" and "CCIRW," respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol "CCIRU."

09:02 EST BGM Group, AIX enter strategic transaction agreement - AIX entered into a strategic transaction agreement with BGM Group. Pursuant to the Agreement, AIX agreed to transfer the equity interests of its intelligent platform consisting of RONS Intelligent Technologyand Shenzhen Xinbao Investment Management, valued at approximately $140.0 million, to BGM in exchange for 69,995,661 of BGM's Class A ordinary shares, at a consideration valuation of $2.00 per share. The transaction is expected to close by the end of 2024, subject to certain closing conditions. Upon completion of the transaction, AIX will hold approximately 72.0% of BGM's equity interests and approximately 3.4% of its voting power while BGM will gain full control of RONS Technology and Xinbao Investment. The Company anticipates that RONS Technology and Xinbao Investment will both gain broader development opportunities through this transaction. BGM's extensive resources in the healthcare sector will create more application scenarios for both parties' products and services, further unlocking their growth potential. AIX, through its shareholding in BGM, will indirectly participate in the value creation of RONS Technology and Xinbao Investment, ensuring that its shareholders can continue to benefit from their future value growth. Additionally, this transaction will accelerate AIX's strategic expansion into the pharmaceutical and healthcare sector. This will enable the Company to fully capitalize on the opportunities brought by the aging population and the silver economy in China, injecting new momentum into the company's future growth.

09:01 EST XChange TEC.INC regains Nasdaq compliance - XChange TEC.INC announced that it has received a notice from The Nasdaq Stock Market dated November 26 stating that the company has regained compliance with the requirement to maintain a minimum bid price of $1 per share as set forth under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market.

08:47 EST Western Uranium & Vanadium extends, reprices warrants - Western Uranium & Vanadium is extending the term and intends to reduce the exercise price of a total of 2,868,541 previously issued common share purchase warrants. The warrants were originally issued between December 13, 2021 and January 20, 2022 as part of the Company's previously completed non-brokered financing and are due to expire on the date that is three years after their issuance. All Warrants are currently exercisable at a price of C$2.50 per common share of Western. The term of the Warrants has been extended with all the Warrants now expiring on January 20, 2026. Subject to the consent of the holders of the Warrants, the exercise price of Warrants will be reduced to C$2.00 per share, with the amended exercise price being higher than the closing price of Western's shares on the original issuance date of each Warrant. In accordance with exchange rules, no compensation warrant is being extended or repriced. All other terms of the Warrants will remain unchanged. One of the directors of the Company is the beneficial owner of 3,000 Warrants and therefore a "related party" of the Company pursuant to Multilateral Instrument 61-101- Take Over bids and Special Transactions; as such, the Amendment is considered a "related party transaction" within the meaning of MI 61-101.The Company is not required to obtain a formal valuation in connection with the Amendment or minority shareholder approval prior to effecting the Amendment as the fair market value of the Amendment does not exceed 25% of the Company's market capitalization. Western will notify each Warrant holder of the amendment set out above but it will not issue replacement Warrant certificates. Original Warrant certificates must be presented to the Company in order to effect the exercise of such Warrants. The Company will file an amended Form 13 with the Canadian Securities Exchange if and when the repricing of Warrants is completed. Completion of the Amendment is subject to compliance with the requirements of the CSE.

08:32 EST Ondas note holder purchases $4.1M of convertible notes - Ondas Holdings announced that a note holder has elected to purchase $4.1 million in aggregate principal amount of 3% senior convertible notes due 2026. Oppenheimer & Co. Inc. will act as placement agent in connection with the Offering. Also, if elected by the note holder, Ondas Holdings may complete additional closings of up to an additional $30.4 million in aggregate principal amount. The proceeds from the investment in Ondas Holdings will be used for general corporate purposes and will be primarily allocated to supporting the growth of our drone business at Ondas Autonomous Systems.

08:10 EST Spetz announces extension for convertible debenture, updates - Spetz announced several recent achievements: The Company has obtained an extension for both its secured convertible debentures and the related party's secured convertible debentures. The maturity date has been extended from October 31, 2024, to December 31, 2024. The terms of the debentures remain unchanged. In November 2024, the Company sold a total of 12,292,779 Kirobo's shares at a share price of $0.0048 per share. The Company's board of directors agreed to fully waive the planned yearly compensations of 30,000 CAD per member for the years 2023 and 2024. This discussion will reduce the Company's total liabilities by 300,000 CAD. The company is pleased to update that Ofir Friedman, previously the Chief Marketing Officer, has transitioned to a part-time role as a Corporate Advisor.

08:05 EST Lithium Argentina to establish corporate domicile in Switzerland - Lithium Americas announced its intention to establish corporate domicile in Switzerland under the new name, Lithium Argentina AG. The move, which requires shareholder, stock exchange and court approval, is expected to occur in early 2025. Lithium Argentina has performed an extensive review of its businesses and corporate structure. Switzerland, was determined to be the best jurisdiction from a strategic, commercial and legal perspective. The move is expected to provide expanded financing flexibility and support the Company's current business and long-term growth plans through access to various markets, proximity to European customers and an attractive framework for existing shareholders and future investment. The redomiciling of the Company is proposed to be effected by way of plan of arrangement whereby the Company will be continued from the Province of British Columbia, Canada into the jurisdiction of the Canton of Zug, Switzerland. The operational headquarters of the Lithium Argentina group of companies will become Buenos Aires, Argentina. Lithium Argentina does not anticipate any material change to its operations or financial results as a result of the change of domicile. As part of the new corporate domicile, the Company plans to change its name to Lithium Argentina AG and continue the listing of its common shares on the Toronto Stock Exchange and the New York Stock Exchange under the new symbol "LAR", which will continue to provide shareholders with the convenience of owning North American listed stock and avoids any disruption related to changing the listing to other capital markets. By continuing to trade on North American markets, the Company will continue to be subject to the public company reporting requirements under Canadian and U.S. securities laws. The Company's partner in the Cauchari-Olaroz project, GFL International, has entered into a three year standstill agreement with Lithium Argentina pursuant to which Ganfeng has agreed that it will not, directly or indirectly, acquire or facilitate the acquisition of a controlling interest in the Company. The continuation is subject to administrative approvals and the Company is planning to call and hold a special meeting of shareholders on January 17, 2025 to approve the continuation and ancillary matters.

08:02 EST Contango Ore reaffirms, updates 2025 Manh Choh guidance - Contango Ore announced guidance for its 30% interest in the Peak Gold JV, including reaffirmation of anticipated 2025 gold production and updated anticipated all-in sustaining costs for the mine and 2025 cash distributions from the Peak Gold JV. The company anticipates that its share of 2025 gold production from the Manh Choh mine will be approximately 60,000 ounces of gold. The estimated AISC for the life-of-mine is projected to increase to approximately $1,400 per oz of gold equivalent sold compared to $1,116 per oz of AuEq sold, as estimated in the Manh Choh Technical Report Summary, while the estimated AISC for 2025 on a standalone basis is expected to be approximately $1,625 per oz of AuEq sold. A main factor leading to the AISC increase relates to recent weight restrictions on the Chena Flood Plain Bridge, a bridge along the Manh Choh ore haul route, as well as higher than anticipated moisture content in the Manh Choh ore, which limits the overall amount of ore being transported annually by approximately 20% compared to what was originally projected in the TRS. In addition, the AISC is being impacted by higher processing costs. At current hauling rates, the company expects the LOM to be four to five years. At assumed spot gold prices of $2,500 per oz, Contango projects that the 2025 cash distributions from the Peak Gold JV to Contango will be approximately $50M. The company is working with its lenders to restructure a portion of the Facility principal repayments and related hedge contracts to better match the production schedule of the Manh Choh production campaigns.

07:11 EST G2 Goldfields provides update on G3 spin-out - G2 Goldfields has filed the requisite notice setting the record and meeting date in respect of an annual and special meeting of shareholders of G2. At the Meeting, Shareholders will be asked to approve, among other things, a special resolution approving the Proposed Spin-Out. The record date for the determination of Shareholders eligible to attend and vote at the Meeting has been set as December 17, 2024, and the Meeting will be held on January 28, 2025. G2 intends to undertake a reorganization transaction whereby it would, among other things, spin-out its non-core assets into a new wholly owned subsidiary, to be named G3 Goldfields. The Proposed Spin-Out will be completed by way of a plan of arrangement under the Canada Business Corporations Act and subject to the terms and conditions of an arrangement agreement to be entered into by the Company and G3. Following completion of the Proposed Spin-out, the Non-Core Assets to be held by G3 will include: The Tiger Creek Property, Puruni District, Guyana; The Peters Mine Property, Puruni District, Guyana; The Aremu Mine Property, Cuyuni District, Guyana; The Amsterdam Option, Cuyuni District, Guyana; The Aremu Partnership, Cuyuni District, Guyana. G2 believes that its current share price does not fully recognize the value of the Non-Core Assets, and that by completing the Proposed Spin-Out, Shareholders will benefit from unlocking the value of the Non-Core Assets. Additionally, the Proposed Spin-Out will allow the Company to concentrate its efforts on its OKO project in Guyana, while G3 focuses on the advancement of the Non-Core Assets. It is intended that, pursuant to the terms and subject to the conditions of the Arrangement Agreement, each Shareholder will receive one G3 Share for every two shares of G2 held as of the effective date of the Arrangement. Only Shareholders as of the close of business on the effective date of the Arrangement will be entitled to shares of G3 upon closing of the Arrangement. The Proposed Spin-Out will be subject to G2 entering into the Arrangement Agreement and the Arrangement being approved by Shareholders at the Meeting. Completion of the Arrangement will also be conditional on the receipt of regulatory and court approval, including, without limitation, the approval of the Toronto Stock Exchange. It is intended that the G3 Shares will be listed on a recognized Canadian stock exchange and such listing will be subject to G3 fulfilling all of the requirements of such stock exchange.

07:06 EST Fairfax Financial intends to redeem cumulative preferred shares - Fairfax Financial Holdings announced its intention to redeem all of its 7,515,642 outstanding Cumulative 5-Year Rate Reset Preferred Shares, Series C and all of its 2,484,358 outstanding Cumulative Floating Rate Preferred Shares, Series D on December 31, 2024 at a redemption price equal to C$25.00 per share, for an aggregate total amount of approximately C$250 million, together with all accrued and unpaid dividends up to but excluding the Redemption Date, less any tax required to be deducted and withheld by Fairfax. Formal notice will be delivered to the sole registered holder of the Preferred Shares in accordance with the terms of the Preferred Shares of the applicable series as set out in Fairfax's articles. Separately from the Redemption Price, the final quarterly dividend of C$0.294313 per Series C Share will be paid in the usual manner to holders of Series C Shares on December 31, 2024, and the final quarterly dividend of C$0.47858 per Series D Share will be paid in the usual manner to holders of Series D Shares December 30, 2024, in each case to shareholders of record on December 13, 2024. Fairfax intends to use a portion of the net proceeds from the previously announced public offering of C$700 million aggregate principal amount of its Senior Notes to redeem the outstanding Preferred Shares.

06:38 EST European Commission close State aid investigations into Fiat, Amazon, Starbucks - In a Wednesday press release, the agency said, "The European Commission has closed three in-depth State aid investigations into transfer pricing tax rulings granted by Luxembourg to Fiat and Amazon (AMZN), and by the Netherlands to Starbucks (SBUX). Following judgments by the EU Courts, the Commission found that the tax rulings did not grant the companies selective advantages. In 2015 and 2017, the Commission found that Luxembourg granted selective tax advantages to Fiat and Amazon, and the Netherlands to Starbucks, in breach of EU State aid rules. In each case, the Commission found that a tax ruling issued by the respective national tax authority artificially lowered the tax paid by each company and therefore granted them a selective advantage over other companies. The Commission's original decisions in all three cases were ultimately annulled by the EU Courts and therefore the respective in-depth investigations remained open...taking into account the guidance of the EU Courts, the Commission has adopted three final decisions closing its in-depth investigations and confirming that, when granting their respective tax rulings, Luxembourg and the Netherlands did not give these Fiat, Amazon and Starbucks selective tax advantages contrary to EU State aid rules." Reference Link

06:32 EST Hyperscale Data announces 640 Bitcoin mined year to date - Hyperscale Data (GPUS) announced that it has mined 640 Bitcoin year to date through November 26. Of this total, approximately 380 were mined at the company's facility in Michigan, with the remaining approximately 260 Bitcoin from mining machines previously hosted by Core Scientific (CORZ).

06:09 EST Jeffs' Brands announces trademark registration approval for Wellution - Jeffs' Brands (JFBR), a data-driven e-commerce company operating on the Amazon (AMZN) Marketplace, announced that Wellution, a Wellness and Personal Care brand owned by SciSparc Nutraceuticals (SPRC), its 49% held subsidiary, has received an official registration of its trademark for non-medicated skin care preparations and hair care products. The trademark provides intellectual property protection for Wellution's innovative offerings in Class 3 goods. Wellution sells on Amazon Marketplace dozens of hemp-based, top-ranked products, including hemp gummies, hemp oil capsules, hemp gel, hemp cream, detox pills, height pills, antibacterial creams, and anti-aging creams, among other beauty and hair treatment products, all of which are manufactured in the United States.