Arxis Inc. , a maker of electronic and mechanical parts for aerospace and defense firms is seeking to raise as much as $1.06 billion in its US initial public offering. The Bloomfield, Connecticut-based firm plans to market 37.7 million shares for $25 to $28 each, according to a filing with the US Securities and Exchange Commission on Wednesday. At the top of the price range, the company would have...
Arxis Inc. , a maker of electronic and mechanical parts for aerospace and defense firms is seeking to raise as much as $1.06 billion in its US initial public offering. The Bloomfield, Connecticut-based firm plans to market 37.7 million shares for $25 to $28 each, according to a filing with the US Securities and Exchange Commission on Wednesday. At the top of the price range, the company would have a market value of $11.2 billion based on the outstanding shares listed in the filing. Arxis, which makes electronic and mechanical components for aerospace and defense, medical technology, and specialized industrial markets is backed by Arcline Investment Management . As defense budgets rise, Arxis’ offering aligns with growing investor interest in from increased defense demand and spending. In the US, the Trump administration is expected to prioritize new contractors as it bolsters and modernizes its missile munitions stockpile. Defense and space represent Arxis’s largest end market, accounting for approximately 47% of revenue in 2025, while its commercial aerospace segment accounts for about 23% of revenue in the same period, the filing shows. Read More: Carlyle Said to Plan Defense Fund as Governments Hike Spending The company had net income of roughly $46 million on revenue of $1.6 billion last year, compared with a net loss of $55 million on revenue of $743 million in 2024. Arxis has over 5,000 customers and generates about 90% of revenue from proprietary products, according to the filing. For the latest news on equity capital markets activity in the US, Canada and Latin America, follow the channel or visit NI BFWECMUS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . The company’s debut is set to join a handful of industrial sector IPOs in the US expected this year, including Madison Dearborn Partners -backed Aevex Corp. and nuclear energy company X-Energy Inc. Goldman Sachs Group Inc. , Morgan Stanley and Jefferies ...
Nurix Therapeutics (NRIX) delivered earnings and revenue surprises of -4.22% and -57.21%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?
Nurix Therapeutics (NRIX) delivered earnings and revenue surprises of -4.22% and -57.21%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?
Spain's Prime minister Pedro Sanchez addresses parliament over the war in the Middle East at the congress in Madrid on March 25, 2026. Thomas Coex | Afp | Getty Images Spanish Prime Minister Pedro Sánchez on Wednesday joined a chorus of world leaders welcoming the announcement of a U.S.-Iran ceasefire but issued a thinly veiled swipe at the Trump administration for having initiated the hostilities...
Spain's Prime minister Pedro Sanchez addresses parliament over the war in the Middle East at the congress in Madrid on March 25, 2026. Thomas Coex | Afp | Getty Images Spanish Prime Minister Pedro Sánchez on Wednesday joined a chorus of world leaders welcoming the announcement of a U.S.-Iran ceasefire but issued a thinly veiled swipe at the Trump administration for having initiated the hostilities. "Ceasefires are always good news. Especially if they lead to a just and lasting peace. But this momentary relief cannot make us forget the chaos, the destruction, and the lives lost," Sánchez said in a social media post, according to a translation. "The Government of Spain will not applaud those who set the world on fire just because they show up with a bucket." Sánchez, who has emerged as one of the European Union's leading critics of U.S. and Israeli strikes against Iran, called for "diplomacy, international law and PEACE" to prevail. His comments come shortly after the U.S. president said he had agreed to suspend attacks on Iranian infrastructure for two weeks, sparking a broad-based relief rally across risk assets. Trump had earlier threatened that "a whole civilization will die tonight, never to be brought back again" if no deal was struck by his Tuesday deadline. Iranian officials said the temporary truce meant safe passage through the strategically vital Strait of Hormuz would be "possible," subject to coordination with its armed forces and "technical limitations" — caveats that may give Tehran some room to define compliance on its own terms. World leaders welcomed the ceasefire, although analysts characterized the agreement as fragile and warned that a substantial lack of trust on both sides will likely complicate the path to lasting peace. Read more A fragile U.S.-Iran ceasefire sparks market relief — but no clear path to lasting peace Spain rejects White House claim it agreed to cooperate with U.S. forces amid Iran war 'No to war’: Spain PM hits back at Trump th...
Despite the net outflow of Hongkongers over Easter, cinema box office takings over the first four days of the holiday more than doubled year on year to HK$25.93 million (US$3.31 million), compared with HK$12.75 million during the 2025 break. According to the Immigration Department, Hong Kong residents made 2.56 million inbound passenger trips between Good Friday and Tuesday, compared with 2.37 mil...
Despite the net outflow of Hongkongers over Easter, cinema box office takings over the first four days of the holiday more than doubled year on year to HK$25.93 million (US$3.31 million), compared with HK$12.75 million during the 2025 break. According to the Immigration Department, Hong Kong residents made 2.56 million inbound passenger trips between Good Friday and Tuesday, compared with 2.37 million outbound passenger trips, resulting in a net outflow of 193,136. A total number of 6.27 million...
Rezolve AI Plc is taking a takeover proposal directly to Commerce.com Inc. shareholders after talks with the board and management faltered. Rezolve is offering one of its own shares for every two shares of Commerce.com, according to a letter to investors reviewed by Bloomberg News. The offer to shareholders came after Rezolve earlier offered a 1-for-1 per share exchange to the Commerce.com board b...
Rezolve AI Plc is taking a takeover proposal directly to Commerce.com Inc. shareholders after talks with the board and management faltered. Rezolve is offering one of its own shares for every two shares of Commerce.com, according to a letter to investors reviewed by Bloomberg News. The offer to shareholders came after Rezolve earlier offered a 1-for-1 per share exchange to the Commerce.com board before it was rejected, Rezolve AI Chief Executive Officer Daniel Wagner wrote. “In doing so, they did not just ignore us. They ignored you,” Wagner said in the letter to shareholders. “That offer is now permanently off the table.” A representative for Commerce.com, known for its BigCommerce product, didn’t immediately respond to queries outside regular business hours. Commerce.com went public in 2020 at a valuation of almost $1.6 billion. As of Tuesday, its market capitalization stood at $225 million and the company has seen its value fall by almost half over the past year. Rezolve has a market value of around $969 million. Rezolve said that while Commerce.com has real assets including an installed base of over 60,000 online stores, its management team and board have destroyed value, offered no turnaround plan and allowed the company to “drift into irrelevance.” Rezolve is the provider of AI platform Brain Suite, a tool designed for digital commerce and customer engagement that the company says simplifies the shopping experience by making product searches easier and payments more efficient. The merged company would have more than $700 million in revenue and see accelerated growth by bringing together Rezolve’s AI and payments tools with the merchants using Commerce.com, Rezolve said. “By combining the businesses, we create an instantly profitable, self-sustaining global giant,” Wagner wrote.
US equity futures and treasuries rally along with oil falling below $100 a barrel after the US and Iran agree to a two-week ceasefire deal, just hours before President Trump's deadline. Tina Fordham of Fordham Global Foresight dives deeper into the deal and Lucy Baldwin of Citi discusses the impact of the ceasefire on global growth. (Source: Bloomberg)
US equity futures and treasuries rally along with oil falling below $100 a barrel after the US and Iran agree to a two-week ceasefire deal, just hours before President Trump's deadline. Tina Fordham of Fordham Global Foresight dives deeper into the deal and Lucy Baldwin of Citi discusses the impact of the ceasefire on global growth. (Source: Bloomberg)
Osisko Gold Royalties press release ( OR ): Q1 recorded preliminary revenues from royalties and streams of $102.8M, a quarterly record, and preliminary cost of sales (excluding depletion) of $3.3 million, resulting in a quarterly cash margin of approximately $99.5 million (96.8%). As at March 31st, 2026, the company's cash position was approximately $94.9 million, after repurchases of common share...
Osisko Gold Royalties press release ( OR ): Q1 recorded preliminary revenues from royalties and streams of $102.8M, a quarterly record, and preliminary cost of sales (excluding depletion) of $3.3 million, resulting in a quarterly cash margin of approximately $99.5 million (96.8%). As at March 31st, 2026, the company's cash position was approximately $94.9 million, after repurchases of common shares made under the normal course issuer bid of $12.9 million (C$17.7 million) during the first quarter. The company will be reporting results on Wednesday, May 6th, 2026 after market close. More on OR Royalties Inc. OR Royalties Inc. (OR:CA) Q4 2025 Earnings Call Transcript OR Royalties Inc. 2025 Q4 - Results - Earnings Call Presentation Historical earnings data for OR Royalties Inc. Dividend scorecard for OR Royalties Inc. Financial information for OR Royalties Inc.
OR Royalties press release ( OR ): Q1 recorded preliminary revenues from royalties and streams of $102.8M, a quarterly record, and preliminary cost of sales (excluding depletion) of $3.3 million, resulting in a quarterly cash margin of approximately $99.5 million (96.8%). As at March 31st, 2026, the company's cash position was approximately $94.9 million, after repurchases of common shares made un...
OR Royalties press release ( OR ): Q1 recorded preliminary revenues from royalties and streams of $102.8M, a quarterly record, and preliminary cost of sales (excluding depletion) of $3.3 million, resulting in a quarterly cash margin of approximately $99.5 million (96.8%). As at March 31st, 2026, the company's cash position was approximately $94.9 million, after repurchases of common shares made under the normal course issuer bid of $12.9 million (C$17.7 million) during the first quarter. The company will be reporting results on Wednesday, May 6th, 2026 after market close. Note: The revised post corrects the company name. More on OR Royalties Inc. OR Royalties Inc. (OR:CA) Q4 2025 Earnings Call Transcript OR Royalties Inc. 2025 Q4 - Results - Earnings Call Presentation Historical earnings data for OR Royalties Inc. Dividend scorecard for OR Royalties Inc. Financial information for OR Royalties Inc.