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Corporate Governance

Oracle's Ellison Cancels Stock Sale Plan, No Shares Sold

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Oracle's Ellison Cancels Stock Sale Plan, No Shares Sold

Austin, Texas – September 16, 2026 -- Oracle Corporation (NYSE: ORCL) confirmed that Executive Chair and Chief Technology Officer Larry Ellison has cancelled his 10b5-1 trading plan to sell company stock, halting a scheduled divestment before any shares changed hands.

Ellison cancels stock sale plan with zero shares sold

Oracle stated no stock was sold under the now-terminated 10b5-1 plan. The company added that Ellison currently has no other arrangements in place to sell any of his Oracle shares.

Fermi's Largest Shareholder Demands Independent Review of Sale Options

Dallas – September 16, 2026 -- Toby R. Neugebauer, together with Vicksburg Investments Management LLC and the Melissa A. Neugebauer 2020 Trust, has filed a formal SEC Rule 14a-8 shareholder proposal demanding Fermi Inc. (Nasdaq: FRMI) retain an independent, nationally recognized investment bank to review the full range of extraordinary transactions available to the company, including a full-value sale or majority recapitalization. The Fermi Founder Parties, who hold approximately 22% of shares outstanding, submitted the proposal September 10 ahead of the company's October 30 Annual Meeting, following a letter to the Board on September 9 and a detailed presentation on September 10.

Nscale Names Ex-OpenAI Executive Fidji Simo to Board

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Nscale Names Ex-OpenAI Executive Fidji Simo to Board

London – September 16, 2026 -- Nscale, a full-stack AI cloud platform, has appointed Fidji Simo, former CEO of AGI Deployment at OpenAI, to its Board of Directors, effective immediately.

Simo brings two decades of consumer-tech scaling experience to Nscale's board

Simo most recently led business and product teams at OpenAI responsible for delivering the company's research to end users, and continues to advise the firm. Before OpenAI, she served as CEO and Chair of Instacart, guiding the company to profitability and through its 2023 public listing. She previously spent a decade at Meta, where she headed the Facebook App overseeing News Feed, Video, Groups, Marketplace and Ads, and earlier led mobile advertising products. She began her career at eBay and currently sits on Shopify's board of directors.

EquipmentShare Hit With Securities Fraud Suit Over Hidden Deals

Los Angeles – September 16, 2026 -- DJS Law Group has reminded shareholders of a class action lawsuit filed against EquipmentShare.com Inc. (NASDAQ: EQPT), alleging the company violated federal securities law by concealing related-party transactions from investors.

Class Period Covers January 23 to June 23, 2026

The lawsuit, brought under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5, covers investors who purchased EquipmentShare stock between January 23, 2026 and June 23, 2026. Shareholders who suffered losses on trades within this window may be eligible to join the litigation.

TransCode Therapeutics CFO Tom Fitzgerald Retires, John Tattory Named Interim CFO

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TransCode Therapeutics CFO Tom Fitzgerald Retires, John Tattory Named Interim CFO

Boston – September 16, 2026 -- TransCode Therapeutics, Inc. (NASDAQ: RNAZ) said Chief Financial Officer Tom Fitzgerald is retiring, effective immediately, and will be succeeded on an interim basis by John Tattory.

Fitzgerald exits after eight years steering TransCode through IPO and acquisitions

Fitzgerald has served as CFO since July 2018, a tenure spanning the company's initial public offering, the launch of clinical development for lead candidate TTX-MC138, the acquisition of Polynoma, and a license agreement with Oncolytics. He resigns as CFO and as a company director effective immediately but will remain to provide transition services.

Chairman and CEO Philippe P. Calais credited Fitzgerald with keeping the company funded from its early discovery-stage days. "Tom has worked tirelessly to keep us funded and on track," Calais said.

TCL Named to TIME's World's Best Companies 2026 List

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TCL Named to TIME's World's Best Companies 2026 List

Shenzhen – September 15, 2026 -- TCL has been named to TIME's World's Best Companies for 2026, a ranking compiled with Statista from an independent survey of 200,000 employees across more than 50 countries.

TCL Technology and TCL Industries post double-digit revenue growth in 2025

TCL Technology recorded revenue of approximately US$27 billion in 2025, up 11.7% year on year, while TCL Industries reported revenue of roughly US$24.9 billion, an increase of 13.8%. Overseas revenue exceeded US$24.93 billion, with average annual growth of more than 18.3% over the past five years.

Global footprint spans manufacturing hubs in five countries and 160-plus markets

TCL operates manufacturing and R&D facilities across China, Vietnam, Poland, Mexico and Brazil, serving customers in more than 160 countries and regions.

National Real Estate Advisors Names Kevin Verdi CEO, Succeeding Founder Kanne

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National Real Estate Advisors Names Kevin Verdi CEO, Succeeding Founder Kanne

Washington – September 15, 2026 -- National Real Estate Advisors will replace founder and CEO Jeffrey Kanne with Kevin Verdi, its Executive Vice President and Chief Investment Officer, effective January 2027, the institutional investment manager announced.

Kanne exits after more than 25 years building the firm into an institutional real estate platform

Kanne, who founded National in 2000, will retire from the CEO role after more than a quarter-century at the helm, during which the firm grew into an investment manager serving U.S. and international institutional investors. He will remain with National as a Special Advisor following the leadership change.

Mega Matrix to Execute 1-for-20 Reverse Split to Meet NYSE Listing Rules

Singapore – September 15, 2026 -- Mega Matrix Inc. (NYSE American: MPU) will consolidate its Class A ordinary shares on a 1-for-20 basis effective 4:05 p.m. New York time on September 15, 2026, cutting its outstanding Class A share count from 62,492,148 to approximately 3,124,608.

Reverse split aims to lift trading price above NYSE American thresholds

The company said the consolidation is primarily intended to increase its per-share trading price to maintain its listing on NYSE American. Shares will begin trading on a post-consolidation adjusted basis when the market opens September 16, 2026, continuing under the ticker "MPU" with a new CUSIP number, G6005C116.

CogniCor Expands Advisory Board to Fuel RIA AI Platform Growth

Palo Alto, Calif. – September 15, 2026 -- CogniCor, an intelligence and orchestration platform for registered investment advisors, has expanded its Advisory Board with six new industry figures to accelerate its push into firm-wide AI adoption across wealth management.

Beacon Pointe co-founder joins board overseeing $62 billion RIA

Shannon Eusey, Chairman and Co-Founder of Beacon Pointe Advisors, one of the largest RIAs in the country with more than $62 billion in assets under advisement, joined the board as both a CogniCor customer and RIA operator.

CSafe Names Will Romanowicz Chief Legal Officer Amid Global Expansion

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CSafe Names Will Romanowicz Chief Legal Officer Amid Global Expansion

Monroe, Ohio – September 15, 2026 -- CSafe, a provider of temperature-controlled shipping solutions for the life sciences industry, has appointed Will Romanowicz as Chief Legal Officer, effective September 9, 2026.

Romanowicz Brings Decade-Plus of Regulated-Industry Legal Experience

Romanowicz joins with more than ten years of legal, governance, and commercial leadership across FDA-regulated sectors, including biotech, agribusiness, SaaS, food & beverage, and supplements. He has worked with both large global public companies and late-stage startups.

Most recently, he held a combined legal and commercial role leading a cross-functional team responsible for legal affairs, government affairs, and external communications. Earlier in his career, he practiced corporate law, advising companies on governance, restructuring, and complex transactions.