Capital Markets

Austin, Texas – – September 20, 2026 -- EigenQ, Inc. has secured approximately $45 million in convertible note financing from an institutional investor to fund commercialization of its quantum-safe security portfolio ahead of a planned public listing on Nasdaq.

Institutional investor funds $22.5 million upfront, remainder tied to SPAC closing

Of the total financing, roughly $22.5 million was funded immediately, with the balance expected to be released upon completion of EigenQ's previously announced business combination with Silicon Valley Acquisition Corp. (Nasdaq: SVAQ). EigenQ said the proceeds will accelerate commercialization, expand delivery capacity with OEM and channel partners, fund R&D across quantum security, communications, networking and sensing, and support working capital needs.

Helsinki – September 20, 2026 -- Finland's Financial Supervisory Authority approved a supplement to UPM-Kymmene Corporation's demerger and listing prospectus on September 20, 2026, formalizing Lasse von Hertzen's appointment as permanent Chief Financial Officer of WISA Group Plc, the entity being spun off from UPM.

Finnish regulator clears prospectus supplement for UPM's WISA spin-off

The approved supplement amends the Finnish-language demerger and listing prospectus tied to UPM's partial demerger, which is scheduled for completion on September 20, 2026. Trading in WISA shares on the regulated market of Nasdaq Helsinki Ltd is expected to begin on September 20, 2026, or as soon as reasonably possible thereafter. UPM is publishing the supplement on WISA's behalf, alongside unofficial English translations available via UPM's demerger information channels.

Hellerup, Denmark – September 20, 2026 -- TORM plc has raised its share capital by 132,421 Class A shares following the exercise of Restricted Share Units under the tanker operator's employee incentive program, a nominal increase of USD 1,324.21.

TORM prices new shares across three tranches tied to historic RSU grants

Of the newly issued stock, 12,406 Class A shares were subscribed at DKK 111.60 per share, 12,405 shares at DKK 124.20, and the remaining 107,610 shares at DKK 179.80, reflecting the varying strike prices set when the underlying RSUs were originally granted. The capital increase carries no pre-emption rights for existing shareholders.

Haifa, Israel – September 20, 2026 -- Elbit Systems Ltd. (NASDAQ: ESLT; TASE: ESLT) has filed a shelf prospectus with the Israel Securities Authority and the Tel Aviv Stock Exchange, opening a two-year window to raise capital through debt and equity offerings in Israel at its own discretion.

Defense contractor secures flexible two-year fundraising window

The shelf prospectus allows Elbit Systems to issue various securities over the coming two years, with each specific offering to be detailed in a supplemental shelf offering report outlining terms and timing. The company has not decided on the scope, structure, or timing of any future offering, and stated there is no certainty that an offering will occur.

San Diego – September 20, 2026 -- Halozyme Therapeutics (Nasdaq: HALO) priced $1.3 billion in convertible senior notes due 2033, upsized from an initially announced $1.05 billion offering, carrying a 1.50% annual coupon.

Halozyme secures $1.275 billion in net proceeds from the notes sale

The San Diego-based biopharmaceutical company said net proceeds from the offering total approximately $1.275 billion, rising to $1.471 billion if initial purchasers fully exercise a 13-day option to buy an additional $200 million in notes. The notes, sold to qualified institutional buyers under Rule 144A, carry an initial conversion price of approximately $139.84 per share, a 27.5% premium over Halozyme's September 20, 2026 closing price of $109.68. The notes mature September 20, 2026, with closing expected September 20, 2026.

Greensburg, Pa. – September 20, 2026 -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp., has launched an exchange offer covering $850 million in outstanding senior notes, swapping unregistered debt for SEC-registered equivalents with identical terms.

Company to exchange $300 million and $550 million note tranches

The offer applies to up to $300 million aggregate principal of unregistered 4.150% Senior Notes due 2028 and up to $550 million of unregistered 4.550% Senior Notes due 2031. Holders will receive a like principal amount of registered New Notes carrying the same coupon and maturity terms.

Beijing – September 20, 2026 -- Investors in China's A-share market turned more cautious in the third quarter of 2026 even as corporate earnings began to recover, according to the latest CKGSB Investor Sentiment Survey covering the May-to-September 2026 period.

Investors cut return expectations and stock allocation plans

Only 58.6% of respondents expected A-share prices to rise, down 5.2 percentage points from April 2026. The expected rate of return fell 1.8 percentage points to negative 0.7%. Appetite for direct stock investment weakened sharply, with the net proportion of investors planning to increase stock holdings falling 7.3 percentage points to 10.7%; the equivalent figure for equity funds dropped 1.2 percentage points to 13.4%.

Hellerup, Denmark – September 20, 2026 -- TORM plc has closed a secondary public offering of 9,000,000 Class A common shares sold by OCM Njord Holdings S.à r.l., an entity indirectly owned by funds managed by Oaktree Capital Management, L.P. Following the transaction, the Selling Shareholder retains beneficial ownership of approximately 11.06% of TORM's Class A common shares.

Oaktree-linked seller grants underwriter option for 1,350,000 additional shares

J.P. Morgan Securities LLC acted as sole underwriter for the offering and holds a 30-day option to purchase up to 1,350,000 additional Class A shares. TORM confirmed it did not sell any shares in the transaction and received no proceeds, with the entire offering structured as a divestment by the existing shareholder rather than a capital raise for the company.

New York – September 20, 2026 -- Haymaker Acquisition Corp V priced an initial public offering of 25,000,000 units at $10.00 per unit, raising $250 million for its blank-check vehicle ahead of NYSE trading under ticker "HYACU" starting September 20, 2026.

Units begin trading on NYSE as offering nears close

Each unit comprises one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable at $11.50 per share. The offering is expected to close on September 20, 2026, subject to customary conditions. An amount equal to $10.00 per unit will be deposited into a trust account upon closing.

Elkhart, Ind. – September 20, 2026 -- Patrick Industries, Inc. (NASDAQ: PATK) will hold one-on-one meetings with institutional investors and analysts at Wells Fargo's 9th Annual Consumer Conference in Dana Point, California, on September 20, 2026.

Patrick's management team joins Wells Fargo's flagship consumer investor event

The Elkhart, Indiana-based company supplies component solutions to original equipment manufacturers and aftermarket customers across the RV, Marine, Powersports and Housing markets. Patrick operates more than 85 brands and employs approximately 10,000 team members in the United States.

Wells Fargo controls attendee access to the September 23 sessions

Institutional investors and analysts seeking to schedule meetings with Patrick's executives must coordinate directly through Wells Fargo, which is organizing the conference in Dana Point.