POET Technologies Inc (TSX-V:PTK, NASDAQ:POET, FRA:RI4A) stock fell about 12% on Friday following the announcement of a $400 million registered direct offering and weaker-than-expected first quarter earnings.
The company, which designs and develops Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center market, said on Friday that it has entered into a definitive agreement to issue and sell about 19 million common shares and warrants exercisable for an additional approximately 19 million shares to a single institutional investor in a non-brokered registered direct offering.
Digi Power X Inc (NASDAQ:DGXX, FRA:1NQ0, NEO:DGX) said its NeoCloudz GPU-as-a-Service platform is now live and generating first revenues, marking a milestone in the company’s expansion into AI infrastructure and colocation services.
The initial revenues, recognized in May, came from deployments of NVIDIA B200 and B300 GPUs at the company’s Columbiana, Alabama, facility.
NanoViricides (NYSE-A:NNVC) said it has entered into a securities purchase agreement with a single institutional investor for gross proceeds of approximately $2 million in a registered direct offering.
Under the terms of the agreement, the company will sell just over 1.3 million common shares, or pre-funded warrants in lieu thereof, together with accompanying warrants to purchase an equal number of common shares.
New Era Energy & Digital (NASDAQ:NUAI) said on Friday that it has filed its quarterly report for the period ended March 31, 2026, while outlining recent financing, development and strategic milestones tied to its Texas Critical Data Center (TCDC) project in the Permian Basin.
The company said Q1 results primarily reflected its legacy oil and gas operations, which it continues to assess for possible monetization or exit, as it focuses on advancing TCDC toward commercialization.
Ideal Power Inc (NASDAQ:IPWR, FRA:5ILA) announced plans to raise approximately $30 million to fund commercialization of its B-TRAN technology, including customer design-ins, production ramp and custom development programs targeting data center and industrial power markets.
The Austin, Texas-based semiconductor company is planning to offer nearly 5.3 million shares priced at the market under Nasdaq rules.
374Water Inc (NASDAQ:SCWO, FRA:8LL) has reported its first quarter financial results which included higher gross margins, expanding waste destruction operations, and progress on several municipal and federal projects tied to PFAS waste treatment.
The cleantech company, which develops supercritical water oxidation technology through its AirSCWO platform, posted revenue of around $551,000 for the quarter ended March 31, compared with $543,000 a year earlier.
Bit Digital Inc (NASDAQ:BTBT) reported first-quarter 2026 revenue of $27.9 million as the company deepened its pivot toward Ethereum treasury management and artificial intelligence infrastructure through its majority-owned subsidiary WhiteFiber (Nasdaq: WYFI).
As of March 31, 2026, Bit Digital held approximately 155,444 ETH with a market value of roughly $327 million based on a closing price of approximately $2,104 per ETH. The company's average ETH acquisition price across all holdings stood at approximately $3,045.
Trust Stamp Inc (NASDAQ:IDAI, ISE:AIID) saw its net recognized revenue rise 39% rise in Q1, fueled by a bank client contract amendment, with revenue from two new customers set to begin in Q2.
Net recognized revenue rose to $757,000 from $545,000 in the year-ago period, with the company attributing the gain primarily to a contract amendment with an S&P 500 bank customer that added $236,000 in recognized revenue compared to the prior-year quarter.
Medicus Pharma (NASDAQ:MDCX) reported first quarter 2026 financial results on Thursday, highlighting progress across its SkinJect and Teverelix clinical programs while continuing efforts to strengthen its financing position.
The biotech company said it recently reported positive expanded Phase 2 data for its SkinJect Doxorubicin Microneedle Array treatment for nodular basal cell carcinoma, including what it described as registrational-grade clearance rates in the 200-microgram treatment cohort.
ValiRx, the AIM-listed life sciences company focused on early-stage cancer therapeutics and women's health, has raised up to £1.155 million through a placing, subscription, and planned retail offer at 0.2p per share.
The shares fell 17% to 0.2p, matching the issue price, which itself represented a 17% discount to the previous closing price.
Union Jack Oil PLC (AIM:UJO, OTCQB:UJOGF, FRA:1UJ0) told investors that its Crossroads well in Garvin County, Oklahoma, has been drilled on budget to a target depth of 4,600 feet, with evaluation and testing scheduled to begin in mid-June.
The AIM-listed onshore hydrocarbons company, which has a 43% interest in the well, said electric logs have been acquired and several zones of interest and test intervals identified. Production casing will now be run and cemented ahead of the testing programme, which will be led by operator Reach Oil and Gas Company Inc.
Metals One PLC (AIM:MET1, FRA:HT7, OTCQB:MTOPF), the critical and precious metals developer, has expanded its agreement with DISA Technologies to evaluate and potentially treat abandoned uranium mine waste dumps at its Uravan Belt project in Colorado.
The deal covers eight separate waste dumps across the property, a 490-hectare site comprising 59 unpatented mining claims near the historic Buckhorn Mine.
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) said its first-quarter loss narrowed after a payment by ExxonMobil provided a cash boost, while the company advanced its Atlantic Margin portfolio following last year’s acquisition of Challenger Energy.
The oil and gas explorer reported a net loss of S$1.1 million for the three months to 31 March 2026, compared with a $2.3 million loss a year earlier. The improvement primarily reflected $2.3 million of net proceeds from the VMM-37 settlement in Colombia, partly offset by higher general and administrative expenses.
Valereum PLC (AQSE:VLRM, FRA:6TJ, OTCQB:VLRMF) has raised £1.05 million to accelerate the scale-up of VLRM Markets, its tokenised digital markets platform.
The Aquis-listed company raised £650,000 through a placing of 32.5 million new shares and a further £400,000 through a subscription of 20 million new shares. Both were priced at 2p per share. Investors will receive one warrant for every two placing or subscription shares, exercisable at 6p.
St George Mining Ltd (ASX:SGQ, FRA:S0G, OTC:SGQMF) earlier this week announced the appointment of Worley Engenharia Ltda, the Brazilian subsidiary of global engineering group Worley Ltd, as technical adviser for feasibility work at the company’s wholly owned Araxá Niobium-Rare Earths Project in Minas Gerais, Brazil.
Executive chairman John Prineas told Proactive the appointment represented a major milestone as the company transitions from exploration into project development planning.
Resolution Minerals Ltd (ASX:RML, OTCQB:RLMLF, FRA:NC3) has kicked off a major 2026 drilling campaign at its Horse Heaven antimony-tungsten-gold-silver project in Idaho, US, while also reporting encouraging early metallurgy results that could strengthen the development case for its growing Golden Gate discovery area.
The company said an MP1500 diamond core rig had begun drilling at the Golden Gate prospect, targeting both tungsten and gold mineralisation as part of a broader program planned to cover up to 13,700 metres across as many as 45 holes.
Provaris Energy Ltd (ASX:PV1, OTC:GBBLF, FRA:WS90) earlier this week discussed how Germany’s implementation of the EU Renewable Energy Directive III (RED III) could accelerate demand for imported green hydrogen and create new commercial opportunities for the company’s Nordic supply strategy.
Managing director and CEO Martin Carolan said Germany’s new legislation effectively mandates increasing levels of renewable hydrogen use within the transport sector, creating what he described as “a real catalyst for the sector”.
Nova Minerals Ltd (ASX:NVA, NASDAQ:NVA, FRA:QM3) will host a quarterly update webinar with Redchip Companies, giving shareholders, investors and the broader market an update on recent progress and upcoming plans.
The online event, recorded on site in Alaska, will feature Nova CEO Christopher Gerteisen, who will discuss the company’s activities over the past quarter and outline plans for its antimony project.