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08.04.26 - 13:36
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American Ocean Minerals Corporation to Merge with Odyssey Marine Exploration, Inc., Creating a $1B U.S.-Controlled Deep-Sea Critical Minerals Platform (Business Wire)
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Creates one of the largest U.S.-controlled critical minerals and rare earths platforms focused on deep-sea exploration, harvesting and processing of polymetallic nodules
Led by Chairman Tom Albanese, former Rio Tinto CEO, and CEO Mark Justh, a 30-year financial services veteran; and supported by founding investor and special advisor Mike Rowe, the founder and CEO of the mikeroweWORKS foundation, nationally recognized media figure and advocate for reindustrialization and skilled trades development
Diversified portfolio spanning U.S.-licensed international waters and allied sovereign waters, including two out of three exclusive licensed exploration areas in the critical mineral-rich Cook Islands
Transaction values the combined company at a pro forma equity value of approximately $1 billion, including in excess of $230 million of total equity capital raised, of which more than $150 million is a private placement from prominent institutional and strategic investors, and $75 million is a pre-public financing t...
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01.04.26 - 01:00
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Sharon AI Reports CY25 Results (Business Wire)
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Foundation Built for Acceleration in 2026 and BeyondNEW YORK--(BUSINESS WIRE)--Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries (“Sharon AI” or “the Company”), a leading Australian Neocloud, announced the release of its financial results for the fourth quarter and fiscal year ended 31 December 2025.
The fiscal 2025 financial results reflect the Company's full year operations after becoming a certified NVIDIA Cloud Partner (“NCP”) in December 2024. As a result, 2025 was a year that saw the foundations built upon which Sharon AI intends to accelerate its growth, at scale, into 2026 and beyond.
Key activities in 2025 included:
Nasdaq IPO: Preparation for the Company's Nasdaq IPO which took place in February 2026, raising US$125m
Balance Sheet Strengthened by US$100M: Increased balance sheet strength by raising approximately US$100m via a Convertible Note in December 2025
Data center capacity increased: Strengthening the Company's relationship with NEXTDC which resulted in Sharo...
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31.03.26 - 10:00
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Meta, Tiktok and Google under investigation for allegedly disobeying Australia′s social media ban (The Guardian)
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Nearly 70% of under-16s with accounts on Instagram, Snapchat or TikTok had maintained access, survey findsThe Australian government has accused big tech firms like Meta, TikTok and Google of disobeying the landmark ban on under-16s using social media, after the country's online safety office warned many children had accounts.A survey of 900 Australian parents found around a third (31%) said their children still had one or more social media accounts after the ban, compared to 49% before the laws. Continue reading......
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