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On 15 July 2025, Wells Fargo & Company (NYSE: WFC) filed a Form 8-K to disclose that it has released its second-quarter 2025 operating results and related investor materials.

• Exhibit 99.1: Press release announcing Q2-25 results (deemed 鈥渇iled鈥�).
• Exhibit 99.2: 2Q25 Quarterly Supplement with additional detail (deemed 鈥渇iled鈥�).
• Exhibit 99.3: Investor presentation for the earnings call (furnished, not filed).

The company will host a live conference call and webcast on 15 July 2025 to review the quarter and answer investor questions. Beyond identifying the exhibits and scheduling information, the filing supplies no quantitative financial data or guidance; investors must refer to the attached exhibits for numerical results.

This routine disclosure satisfies Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD) requirements and confirms availability of the materials on Wells Fargo鈥檚 investor relations website.

TEN Holdings, Inc. ("XHLD") has obtained written consent from its 64.9% majority stockholder to approve two dilutive share issuances that together exceed the 20% threshold set by Nasdaq Rule 5635(d):

• Settlement Agreement with Sunpeak Holdings Corp. ("SHC") 鈥� $4.91 million debt-for-equity swap. SHC purchased claims against the Company and is receiving shares priced at the 23-Apr-2025 closing price (subject to adjustment) plus 175,000 fee shares. Court approval under Section 3(a)(10) was obtained on 30-Apr-2025, and 5.56 million shares (including fee shares) have already been issued through 25-Jun-2025.
• Purchase Agreement (equity line) with Lincoln Park Capital 鈥� up to $20 million. Over a 24-month term beginning after an effective resale registration statement, TEN can direct Lincoln Park to buy up to 100,000鈥�175,000 shares per draw (max $750k per draw). Pricing equals 97% of the lower of (i) the lowest trade on the draw date or (ii) the average of the three lowest closes in the prior 10 trading days. Lincoln Park received 882,145 commitment shares up-front and is barred from shorting. The Company may terminate the facility at any time.

The Board believes these 鈥淐orporate Issuances鈥� will (i) extinguish $4.91 million of liabilities and (ii) provide flexible, discretionary access to $20 million of growth or working-capital funding. Because each transaction could result in the issuance of 鈮�20% of pre-transaction outstanding shares at below the Nasdaq 鈥淢inimum Price,鈥� stockholder approval was required and was granted via written consent dated 08-Jul-2025.

Dilution impact: As of the 08-Jul-2025 record date, TEN had 35.1 million shares outstanding. The SHC settlement has already added ~5.6 million shares (鈮�16%), and the Lincoln Park facility plus remaining SHC shares could add materially more, reducing existing holders鈥� voting power. SHC鈥檚 ownership is capped at 4.99% and Lincoln Park is subject to 9.99% beneficial-ownership and per-draw dollar limits, but cumulative dilution could exceed 40% if the full $20 million is drawn at low prices.

Key terms & safeguards: default triggers under the SHC agreement if the share price falls to 鈮�$0.25 or 30-day average volume drops below 100k; no 鈥渁t-the-market鈥� or additional equity lines for 24 months; court fairness opinion under Section 3(a)(10) provides Securities Act registration exemption; no dissenter appraisal rights.

Mailing of the Information Statement starts in July 2025; the actions become effective ~20 days later (on or about Aug-2025). No further stockholder action or proxies are required.

PENGUIN SOLUTIONS, INC. 鈥� FQ3 2025 (quarter ended 30 May 2025)

The first quarterly report issued after the U.S. redomiciliation (30 Jun 2025) shows continued top-line expansion but mixed bottom-line results as the company absorbs restructuring and financing costs.

• Revenue momentum: Net sales grew 7.9 % YoY to $324.3 million (nine-month YTD +20 % to $1.03 billion). Growth was driven by product sales (+11 % YoY) while service revenue slipped 2.9 %.
• Margins: Quarterly gross margin eased 30 bp to 29.3 %. An $5.3 million goodwill impairment related to the wind-down of the Penguin Edge business pushed operating margin down to 3.0 % (vs 3.8 %).
• Earnings: GAAP net income attributable to common fell to $2.7 million (-53 % YoY). After $3.0 million preferred dividends tied to the SK Telecom $200 million convertible preferred investment, common shareholders posted a -$0.01 diluted EPS versus +$0.10 a year earlier. YTD diluted EPS improved to $0.18 (FY24 YTD: -$0.53) on higher sales and lower interest expense.
• Cash & liquidity: Cash and equivalents surged to $709.9 million (Aug-24: $383.1 million) after the SKT investment, strong operating cash flow ($183.6 million YTD) and receipt of the $28.4 million deferred payment from the SMART Brazil sale. Current ratio stands at 2.6脳.
• Capital structure: Total debt is stable at $659.5 million; net cash improved to ~+$50 million. $300 million TLA matures 2027; first convertible notes maturity ($20 million) in 2026.
• Shareholder returns: 2.46 million shares repurchased for $40.9 million YTD; $36.8 million remains under the $75 million January 2024 authorization.
• Corporate actions: 鈥� Completed redomiciliation to Delaware; Nasdaq ticker unchanged (PENG) effective 1 Jul 2025. 鈥� Continued wind-down of Penguin Edge expected to fully impair remaining $4.7 million goodwill by end-2025.

Outlook considerations

• Management expects positive free cash flow from the Edge wind-down but acknowledges further goodwill charges.
• Preferred dividends (6 % PIK/cash) will pressure EPS until potential conversion or redemption (earliest 2029 at company option).
• Remaining share-buyback flexibility, robust cash and lighter interest burden offer balance-sheet optionality.

PENGUIN SOLUTIONS, INC. 鈥� FQ3 2025 (quarter ended 30 May 2025)

The first quarterly report issued after the U.S. redomiciliation (30 Jun 2025) shows continued top-line expansion but mixed bottom-line results as the company absorbs restructuring and financing costs.

• Revenue momentum: Net sales grew 7.9 % YoY to $324.3 million (nine-month YTD +20 % to $1.03 billion). Growth was driven by product sales (+11 % YoY) while service revenue slipped 2.9 %.
• Margins: Quarterly gross margin eased 30 bp to 29.3 %. An $5.3 million goodwill impairment related to the wind-down of the Penguin Edge business pushed operating margin down to 3.0 % (vs 3.8 %).
• Earnings: GAAP net income attributable to common fell to $2.7 million (-53 % YoY). After $3.0 million preferred dividends tied to the SK Telecom $200 million convertible preferred investment, common shareholders posted a -$0.01 diluted EPS versus +$0.10 a year earlier. YTD diluted EPS improved to $0.18 (FY24 YTD: -$0.53) on higher sales and lower interest expense.
• Cash & liquidity: Cash and equivalents surged to $709.9 million (Aug-24: $383.1 million) after the SKT investment, strong operating cash flow ($183.6 million YTD) and receipt of the $28.4 million deferred payment from the SMART Brazil sale. Current ratio stands at 2.6脳.
• Capital structure: Total debt is stable at $659.5 million; net cash improved to ~+$50 million. $300 million TLA matures 2027; first convertible notes maturity ($20 million) in 2026.
• Shareholder returns: 2.46 million shares repurchased for $40.9 million YTD; $36.8 million remains under the $75 million January 2024 authorization.
• Corporate actions: 鈥� Completed redomiciliation to Delaware; Nasdaq ticker unchanged (PENG) effective 1 Jul 2025. 鈥� Continued wind-down of Penguin Edge expected to fully impair remaining $4.7 million goodwill by end-2025.

Outlook considerations

• Management expects positive free cash flow from the Edge wind-down but acknowledges further goodwill charges.
• Preferred dividends (6 % PIK/cash) will pressure EPS until potential conversion or redemption (earliest 2029 at company option).
• Remaining share-buyback flexibility, robust cash and lighter interest burden offer balance-sheet optionality.

Structure Therapeutics Inc. (GPCR) 鈥� Form 4 filing dated 07/03/2025

Chief Executive Officer and Director Raymond C. Stevens reported several equity transactions in the company鈥檚 ordinary shares and American Depositary Shares (ADSs).

• 03/01/2025 鈥� Tax withholding: 12,495 ordinary shares (Code F) were automatically withheld at an average price of $7.9166 to satisfy tax obligations linked to a prior restricted-share-unit (RSU) vesting.
• 07/01/2025 鈥� Performance share vesting: 89,697 ordinary shares (Code A) were credited at $0 after performance criteria on March 2024 PSUs were partially met. On the same day, 16,050 shares were withheld for taxes (Code F, $6.8366).
• 05/21/2025 鈥� Voluntary purchase: Stevens bought 1,000 ADSs (3,000 ordinary-share equivalent) through the company鈥檚 Employee Share Purchase Plan (Code A).

Post-transaction ownership

• Direct: 1,194,830 ordinary shares and 1,000 ADSs.
• Indirect (family trust): 1,554,586 ordinary shares and 4,000 ADSs.

The filing indicates continued equity accumulation by the CEO, with the majority of new shares originating from performance-based awards. Disposals were administrative (tax withholding) rather than discretionary sales, limiting negative interpretation.

Wells Fargo & Company (WFC) 鈥� Form 4 insider filing

Director Ronald Sargent reported one routine transaction dated 1 Jul 2025. He acquired 490.8578 phantom stock units at a reference price of $81.49 under the company鈥檚 deferred-compensation plan (transaction code A). Each unit is economically equivalent to one share of common stock. After the purchase, the director directly owns 67,695.7607 phantom stock units and 81 common shares, plus 18,050 common shares held indirectly through a revocable trust. No derivative sales or option exercises were disclosed. The filing reflects ongoing equity-based compensation and does not signal any operational or strategic change for Wells Fargo.

On 07/01/2025, PNC Financial Services Group director Douglas A. Dachille acquired 66 phantom stock units at $192.52 each through the company's Deferred Compensation Plan, increasing his indirect phantom position to 122 units.

The filing also shows the director continues to hold 1,207 deferred stock units (DSUs) granted under the Directors Deferred Stock Unit Program, which convert into one share of PNC common stock (or cash equivalent) upon retirement. No open-market purchases or sales of PNC common stock were reported, and the phantom units carry no expiration date.

• Insider: Douglas A. Dachille 鈥� Director
• Transaction code: A (automatic acquisition under plan)
• Security type: Phantom stock unit (cash-settled, 1-for-1 with common shares)
• Total phantom units after transaction: 122
• Total DSUs currently held: 1,207

The transaction is routine, low in dollar value (鈮� $13 k) and executed under a compensation plan, implying neutral market impact for investors.

Wells Fargo & Company filed Pricing Supplement No. 452 (Form 424B2) on 26 June 2025 for a small $12.088 million issuance of Medium-Term Notes, Series T. The senior unsecured notes carry a fixed coupon of 5.35% per annum, paid semi-annually on 30 June and 30 December, beginning 30 December 2025. They mature on 30 June 2035 unless the issuer exercises its call option.

Call feature: Wells Fargo may redeem the entire issue at par plus accrued interest on any 30 June from 2027 through 2034, subject to 5-30 days鈥� prior notice and any required regulatory approvals. The call structure allows the bank to refinance if market rates move lower, leaving reinvestment risk with investors.

Pricing & distribution: The public offering price is up to $1,000 per $1,000 face value; eligible institutional and fee-based advisory accounts may pay as little as $989. Wells Fargo Securities, LLC acts as agent, earning up to $11 per note, resulting in net proceeds of $11.958 million. The notes will not be listed on any exchange and are designed to be buy-and-hold instruments.

Risk highlights: investors assume Wells Fargo credit risk, face limited liquidity, and may receive lower-than-market yields if the notes are called. The 10-year tenor amplifies exposure to changing interest rates. The securities are not deposits or FDIC-insured and rank pari passu with other senior unsecured debt of the issuer.

Wells Fargo & Company (WFC) is offering $7.251 million of Medium-Term Notes, Series T, Fixed Rate Callable Notes due June 30, 2037. The securities are senior unsecured obligations and will pay a fixed coupon of 5.50% per annum, with interest remitted semi-annually every 30 June and 30 December, beginning 30 Dec 2025. Investors will receive $1,000 principal per note at maturity unless Wells Fargo exercises its call option.

Callable structure: Wells Fargo may redeem the notes in whole only at par plus accrued interest on any 30 June from 2027 through 2036, subject to at least 5鈥�30 days鈥� notice and any required regulatory approval. There is no holder put feature.

Key terms & distribution:

• Issue price: $1,000 per note (institutional/fee-based accounts may pay $987鈥�$1,000).
• Agent discount: up to $13 per note; net proceeds to issuer total $7,160,803 after fees.
• CUSIP: 95001DL24; denominations of $1,000 and integral multiples thereof.
• Notes will not be listed on any exchange; intended for buy-and-hold investors.

Risk highlights disclosed: payments are subject to Wells Fargo鈥檚 credit risk; the issuer is more likely to call when prevailing rates fall below 5.50%, potentially forcing reinvestment at lower yields. Longer duration exposes holders to greater interest-rate volatility, and any secondary-market price is expected to be below the issue price due to dealer mark-ups, hedging costs, and liquidity considerations. The notes are not FDIC-insured.

Investors should review the accompanying prospectus supplement (dated 27 Apr 2023) and prospectus for full risk factors and structural details before purchasing.