News & Highlights

COLLEGE PARK, Md., GENEVA, CH., and SEOUL, KR. — February 26, 2025 — IonQ (NYSE: IONQ) announced it will acquire a controlling stake in ID Quantique (IDQ), a quantum-safe networking and sensing leader. Simultaneously, IonQ will enter a strategic partnership with SK Telecom, South Korea’s largest wireless operator.

Newark, Calif. — Lucid Group, Inc. (NASDAQ: LCID) reported its fourth-quarter and full-year 2024 financial results on February 25, 2025.

Market sentiment towards XCF Global Capital, Inc. prior to the planned SPAC merger with Focus Impact BH3 Acquisition Co (BHAC)

GDEV Inc. (Nasdaq: GDEV) announced a one-time, nonrecurring special cash dividend of $3.31 per share, payable on March 11, 2025, to shareholders of record as of March 3, 2025. This represents a roughly 20% yield based on the 30-day volume-weighted average share price.

Redwire Corporation (NYSE: RDW) announced it will redeem all outstanding publicly traded warrants (Warrants) to purchase its common stock ($0.0001 par value per share) by March 24, 2025.

WeRide is a Chinese technology company focused on developing autonomous vehicles. The company has reported a series of positive news and developments in recent weeks and months that have sparked investor interest.

flyExclusive Inc. (NYSE American: FLYX) will acquire Jet.AI Inc.’s (NASDAQ: JTAI) aviation business in an all-stock transaction. This will allow Jet.AI to focus on its AI solutions. Jet.AI shareholders will retain their stock and receive flyExclusive Class A common shares.

Reddit, Inc. (NYSE: RDDT) reported strong fourth-quarter and full-year 2024 results. Daily Active Uniques (DAUq) increased 39% year-over-year to 101.7 million. Fourth-quarter revenue grew 71% year-over-year to $427.7 million, with a gross margin of 92.6%.

e2Companies to Go Public Through Business Combination with Nabors Energy Transition Corp. II (Nasdaq: NETD). e2 will become listed on Nasdaq under “VUTL”.

Tigo Energy, Inc. (NASDAQ: TYGO) reported its unaudited financial results for Q4 and the full year 2024. Q4 revenue was $17.3 million, a 21.3% sequential increase and an 86.8% year-over-year increase.