← Back to home

🍄 The Toadstool Week In Review

Week ending July 24, 2026

KULR Technology Group completed the sale of approximately 333 bitcoin between July 9 and July 23, 2026 at a weighted average price of $64,538 per bitcoin, generating $21.5 million in gross proceeds. The company used the net proceeds to fully repay its $20 million credit facility. In merger activity, Boxabl Inc. completed its merger with FG Merger II Corp. on July 17, 2026, with the combined company beginning trading on Nasdaq under ticker BXBL on July 20, 2026. Jasper Therapeutics acquired Kira Pharmaceuticals on July 16, 2026, issuing approximately 5.2 million shares of voting common stock and 4.6 million shares of convertible preferred stock to Kira shareholders.

Among other significant corporate events, Vicarious Surgical Inc. announced a comprehensive liquidation on July 21, 2026 through an assignment for the benefit of creditors, approved by stockholders and the board. Aterian completed a major restructuring on July 17, 2026, selling its branded assets to Trademark Global for $18.0 million and selling preferred stock to investor David Lazar for $7.0 million. Braemar Hotels & Resorts announced two significant asset disposition transactions totaling approximately $627.5 million. Hyliion Holdings Corp. announced the award of a $42 million cost-plus-fixed-fee contract from the Office of Naval Research to design, develop, and deliver naval hybrid electric propulsion systems. SoundHound AI received final regulatory approval for its acquisition of LivePerson, with foreign investment clearance from Bulgaria received on July 20, 2026.

This commentary is for informational purposes only and is not investment advice.

Past editions

Jul 24, 2026Jul 17, 2026Jul 10, 2026Jul 3, 2026Jun 26, 2026Jun 19, 2026Jun 12, 2026