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2026-09-20 · 2026-09 / week-3

GPUS.PD’s 13% Coupon Is Not a Credit Bridge

Summary: Hyperscale Data declared a $0.2708333 monthly dividend on its 13% Series D cumulative redeemable perpetual preferred stock, payable October 13 to holders of record September 30. The preferred closed at $18.75 on...

2026-09-20 · 2026-09 / week-3

HYACU’s $10 SPAC Trust Is Optionality, Not a 10/5 Long

Summary: Haymaker Acquisition Corp. V closed a $287.5 million initial public offering of 28.75 million units priced at $10.00. Each unit contains one Class A ordinary share and one-third of a redeemable warrant exercisab...

2026-09-19 · 2026-09 / week-3

LINC Expands a CMC Training Partnership, Not Its Earnings Base

Summary: Lincoln Educational Services announced that its WorkforceLinc division is extending an intermodal technician-training program with CMC to Baltimore. The program has trained more than 90 CMC technicians since 202...

2026-09-19 · 2026-09 / week-3

RIG Adds $80 Million of Backlog; the Debt Bridge Still Dominates

Summary: Transocean awarded Deepwater Conqueror a two-well, approximately 170-day Equatorial Guinea contract expected to contribute $80 million of backlog in 2027. The contract continues directly from the rig’s current G...

2026-09-19 · 2026-09 / week-3

MG’s $20.35 Takeout Offer Is a Spread, Not a 10/5 Long

Summary: MISTRAS Group agreed to be acquired by H.I.G. Capital for $20.35 per share in cash, implying approximately $866 million of enterprise value. Holders of roughly 31% of common stock signed voting agreements, and a...

2026-09-18 · 2026-09 / week-3

OPTT Completes Army Surf-Zone Testing Without a Contract Award

Summary: Ocean Power Technologies said its WAM-V 8 completed a formally evaluated U.S. Army Corps of Engineers surf-zone demonstration, producing data for larger 16- and 22-foot platforms and sensor integration. The test...

2026-09-18 · 2026-09 / week-3

GCL Gets More Nasdaq Time, Not an Operating Turnaround

Summary: GCL Global Holdings announced that Nasdaq approved a transfer to the Capital Market and an additional 180-day cure period for the minimum bid-price deficiency, extending the deadline to March 15, 2027. The trans...

2026-09-18 · 2026-09 / week-3

PUSA Prices a Defense Framework Before It Has Contract Economics

Summary: Powerus announced a limited Pakistan Ministry of Defence procurement order for unmanned systems on September 17, alongside a separate memorandum of understanding for possible expanded cooperation. The order has ...