# The Toadstool Week In Review

The week of September 18, 2026, saw significant merger and restructuring activity among small-cap stocks. ELME Communities completed the sale of Riverside Apartments for $250 million on September 14, using proceeds to fully repay and terminate its $520 million Goldman Sachs term loan, with approximately $198.6 million outstanding, and releasing all liens on remaining properties. Lisata Therapeutics (LSTA) completed an acquisition of Marea Therapeutics through a two-step merger, issuing 1.79 million shares of common stock and 211,365 shares of Series C Non-Voting Convertible Preferred Stock. Healthy Choice Wellness Corp. (HCWC) completed a merger with Host Digital Infrastructure LLC on September 17, with the acquired company surviving as a wholly owned subsidiary of the renamed parent, now Host Digital Inc. INVE Technologies sold its specialty Internet of Things business to Trackonomy Systems for $50 million in Series C Preferred Stock on September 15. Korsana Biosciences (KRSA), formerly Cyclerion Therapeutics, closed a reverse merger with private biosciences company Korsana on September 8. Volato Group (SOAR) completed its merger with Alignment Engine Inc. on September 11, with Alignment Engine securityholders receiving 95 percent ownership of the combined company on a fully diluted basis, based on an Alignment Engine valuation of $500 million.

Additional activity included AIB Data Centers completing a $17.2 million acquisition of approximately 29.4 acres in Texas for data center development on September 11. KULR Technology Group sold approximately 764 bitcoin through open market transactions during August and September, generating approximately $58.6