Today: 12 June 2026
Browse Category

NASDAQ:PRPH 22 December 2025

ProPhase Labs (PRPH) Stock News: Reverse Merger LOI With ABL, 1-for-10 Reverse Split Takes Effect Dec. 22, 2025

ProPhase Labs (PRPH) Stock News: Reverse Merger LOI With ABL, 1-for-10 Reverse Split Takes Effect Dec. 22, 2025

ProPhase Labs announced Dec. 19 it signed a non-binding letter of intent for a reverse merger with Advanced Biological Laboratories S.A., which could give ABL a 76% stake in the combined company. The deal framework includes a potential $10 million special dividend and carve-outs for certain receivables. ProPhase is also facing a Nasdaq compliance deadline and has approved a reverse stock split.
22 December 2025
··

Stock Market Today

  • T3 Defense Appoints New CFO Ahead of Nasdaq Compliance Vote
    June 12, 2026, 10:09 AM EDT. T3 Defense named Roy Cohen as CFO on June 1, according to a June 11 SEC filing. Shares (DFNS) fell 6.72% to $0.2566 on Thursday but rose to $0.3401 pre-market Friday. The company faces a crucial June 18 shareholder vote on new share issuances and a possible reverse stock split to meet Nasdaq's $1 minimum price rule. After 30 consecutive days of closing below $1, T3 Defense must regain compliance by November 2 or risk delisting. The company reported Q1 revenue of $3.653 million but incurred a $26.351 million net loss. Cohen brings 25+ years of finance experience amid challenges including stock price pressure and capital-structure changes.

Latest articles

SharonAI Stock Jumps as Nvidia Deal Puts $4.88 Billion AI Cloud Bet in Focus

SharonAI Stock Jumps as Nvidia Deal Puts $4.88 Billion AI Cloud Bet in Focus

12 June 2026
SharonAI shares surged after announcing a six-year, $4.88 billion NVIDIA collaboration for up to 40,000 Grace Blackwell GPUs and 72MW of new AI data-center capacity in Australia, but the company remains unprofitable, faces key execution and financing risks, and analysts’ average price target of $65 is below the recent $71.51 quote.
T3 Defense Sees Stock Shift as CFO Starts Ahead of Nasdaq Vote

T3 Defense Sees Stock Shift as CFO Starts Ahead of Nasdaq Vote

12 June 2026
T3 Defense named Roy Cohen CFO just days before a crucial June 18 shareholder vote on major share issuances and a possible reverse stock split, as DFNS stock rebounded pre-market after closing Thursday at $0.2566, down 6.72%; the outcome could impact dilution risk and the company’s ability to meet Nasdaq’s $1 minimum bid requirement.
IREN Bounces After Needham Cuts Targets, Market Watches AI Cloud Moves

IREN Shares Bounce While Investors Assess AI Cloud Prospects, Ongoing Funding Concerns

12 June 2026
IREN surged $5.16 to $56.71 after a volatile week, as investors weighed Needham’s cut to 2026-27 estimates on delayed AI cloud revenue ramp, with mining revenue expected to approach zero by year-end as GPU deployments replace Bitcoin capacity; the next key catalyst is proof of billable AI cloud revenue ahead of the September 16 earnings update.
Go toTop