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The Bank of Nova Scotia (BNS) has filed a Free Writing Prospectus for a new six-year market-linked note: the Autocallable Strategic Accelerated Redemption Securities庐 Linked to the Nasdaq-100 Index庐 due July 2031 (the 鈥渘otes鈥�). Each note has a $10 principal amount and will be automatically called if, on any of six annual Observation Dates, the Index closes at or above its starting level. If called, investors receive the $10 principal plus a fixed Call Premium that rises over time:

• $0.75鈥�$0.85 (7.5%鈥�8.5%) in year 1
• $1.50鈥�$1.70 (15%鈥�17%) in year 2
• $2.25鈥�$2.55 (22.5%鈥�25.5%) in year 3
• $3.00鈥�$3.40 (30%鈥�34%) in year 4
• $3.75鈥�$4.25 (37.5%鈥�42.5%) in year 5
• $4.50鈥�$5.10 (45%鈥�51%) in year 6

Downside exposure: If the notes are not called and the Index ends below its Starting Value (Threshold = 100%), repayment is reduced 1-to-1 with Index losses, up to the full principal. No periodic coupons are paid.

Pricing economics: 鈥� Public offering price: $10.00 per unit (reduced to $9.95 for 鈮�300,000 units). 鈥� Underwriting discount: $0.20 per unit (or $0.15 on volume tier). 鈥� Hedging-related charge: $0.05 per unit. 鈥� Initial estimated value: $9.10 鈥� $9.40, below purchase price, reflecting BNS鈥檚 internal funding rate and hedging costs.

Credit & liquidity: The notes are senior unsecured obligations of BNS, rank pari passu with other senior debt, and are not FDIC/CDIC insured. No exchange listing is planned; secondary market liquidity, if any, will depend on BofA Securities (calculation agent) and Merrill Lynch, Pierce, Fenner & Smith.

Key risks highlighted:

• Principal risk: 100% at risk if the Index declines.
• Returns capped at Call Premiums even if the Index gains exceed those levels.
• Initial value discount and bid/offer spreads may cause material secondary-market losses.
• BNS credit deterioration would directly affect note value.
• Tax treatment uncertain; complex U.S./Canadian considerations outlined.

Investor suitability: These notes may appeal to investors who expect the Nasdaq-100 to stay flat or rise modestly within six years, are willing to accept an early call and forego dividends, and can tolerate full principal loss if the Index falls.

Korn Ferry (KFY) 鈥� Form 144 filing: An unnamed affiliate intends to sell 9,605 shares of Korn Ferry common stock through UBS Financial Services on or about 15 July 2025. The proposed sale represents an aggregate market value of $705,967.50 and only 0.018 % of the company鈥檚 51.92 million shares outstanding, indicating a modest, routine liquidity event rather than a material divestiture. All shares derive from restricted stock awards that vested between 30 June 2022 and 9 July 2022. No other insider sales were reported over the past three months, and the filer certifies the absence of undisclosed adverse information.

The Bank of Nova Scotia (BNS) is offering $9.157 million of Contingent Income Auto-Callable Securities due July 14 2028 linked to the common stock of The Home Depot, Inc. (HD). Each note has a $1,000 stated principal and pays a contingent quarterly coupon of $25.00 (10% p.a.) only if HD鈥檚 closing price on the relevant determination date is at least 80% of the initial share price ($370.07), the 鈥渄ownside threshold鈥�.

Automatic call feature: if on any quarterly determination date before maturity HD closes at or above the call threshold (100% of the initial price = $370.07), the note is redeemed early for (i) principal plus (ii) the due coupon; no further payments are made after redemption.

Maturity scenarios:

• If the notes are not called and HD closes on the final determination date at or above the 80% downside threshold, investors receive principal plus the final coupon.
• If HD closes below the downside threshold on the final date, repayment equals principal multiplied by the share performance factor (final price 梅 initial price), exposing investors to a 1-for-1 loss below the 20% buffer with potential total loss of capital.

Key terms: aggregate offering $9.157 m; pricing date July 11 2025; issue date July 16 2025; maturity July 14 2028; CUSIP 06419DAH6; notes are senior unsecured obligations of BNS under its Series A program. Estimated value on the pricing date is $972.10 (97.21% of issue price), reflecting distribution costs of $22.50 per note (sales commission $17.50 + structuring fee $5.00).

Principal risks: (i) no principal protection; (ii) coupons are not guaranteed and may be zero for the entire term; (iii) credit risk of BNS; (iv) no secondary-market listing and limited liquidity; (v) adverse tax treatment uncertain; (vi) investors forgo HD dividends and upside participation.

The product targets investors seeking potential high coupon income who can tolerate equity-like downside, early-call reinvestment risk, and BNS credit exposure.

The Bank of Nova Scotia (BNS) is offering $2.766 million of Contingent Income Auto-Callable Securities due 16 July 2026 linked to the common stock of Amazon.com, Inc. (AMZN). The notes are senior unsecured obligations issued under BNS鈥� Senior Note Program, Series A, and carry principal-at-risk characteristics.

Key economic terms

• Issue price: $1,000 per note (minimum investment one note)
• Estimated value at pricing: $978.60 (reflects distribution & hedging costs)
• Contingent quarterly coupon: $28.70 per note (11.48% p.a.) payable only if AMZN鈥檚 closing price on the relevant determination date is 鈮� $168.765 (75 % of initial share price); missed coupons may be recovered later via the memory coupon feature.
• Initial & call threshold price: $225.02 (100 %)
• Downside threshold price: $168.765 (75 %)
• Early redemption: automatic on any of the three quarterly determination dates before maturity if AMZN 鈮� $225.02; investors receive principal plus current and unpaid coupons.
• Maturity payment scenarios:
  • AMZN 鈮� $168.765 鈥� principal plus any due coupons.
  • AMZN < $168.765 鈥� physical delivery of AMZN shares equal to the exchange ratio ($1,000 梅 $225.02 鈮� 4.4441), plus cash for fractional shares; value could fall to zero.
• Determination dates: 13 Oct 2025, 12 Jan 2026, 13 Apr 2026, 13 Jul 2026 (final).

Risk highlights

• Total loss risk: investors bear full downside of AMZN below the 75 % barrier, potentially forfeiting entire principal.
• Credit risk: all payments depend on BNS鈥� ability to perform.
• Limited liquidity: no listing; secondary trading solely at dealer discretion (Scotia Capital).
• Valuation gap: initial estimated value is 2.1 % below issue price, illustrating embedded fees.
• Call risk: early redemption shortens investment horizon and caps returns.
• Tax treatment: notes expected to be treated as prepaid derivatives; coupon income taxable as ordinary income; characterization not certain.

The security suits investors seeking above-market coupon potential, who are comfortable with single-stock exposure, credit risk of BNS, limited upside participation and the possibility of receiving depreciated AMZN shares at maturity.

Ryman Hospitality Properties, Inc. (RHP) 鈥� Form 4 filing, 15 July 2025

President & CEO Mark Fioravanti reported automatic acquisition of 2,372 additional restricted stock units (RSUs) at no cost. The increase stems from the company鈥檚 $1.15 cash dividend paid on 15 July 2025; under the equity plan, outstanding RSUs are adjusted to maintain economic equivalence. After the dividend-based adjustment, the executive now holds approximately 52,370 RSUs across five grant tranches with staggered vesting dates between March 2025 and March 2027 (one award vests 100% on 15 Mar 2026; others vest 50/50 or in annual 25 % increments). No shares were sold and no open-market purchases occurred.

The filing signals continued equity alignment between management and shareholders, with minimal immediate dilution because RSUs convert to shares only upon vesting. There is no direct impact on current earnings or cash flow; however, the additional units marginally increase potential future share count.

Offering overview The Bank of Nova Scotia (BNS) is marketing US$12.343 million of Contingent Income Auto-Callable Securities due 14 July 2028 linked to the common stock of Robinhood Markets, Inc. (ticker HOOD UW). Each US$1,000 note is senior unsecured, issued under BNS鈥� Series A programme and settles T+3 on 16 July 2025.

Income mechanics A quarterly contingent coupon of US$51.25 (20.50 % p.a.) is paid only if HOOD鈥檚 closing price on the relevant determination date is at least the downside threshold of US$49.17 (50 % of the initial US$98.34). A 鈥渕emory鈥� feature allows missed coupons to accrue and be paid once the threshold is next satisfied.

Auto-call feature If on any observation date (other than the final one) HOOD closes at or above the call threshold of US$98.34 (100 % of the initial price) the note is automatically redeemed for par plus the applicable coupon (and any accrued coupons). Early redemption could occur as soon as 16 Oct 2025, shortening the investment horizon to roughly three months.

Principal repayment scenarios

• If the note is called: investors receive par + coupon; no further payments.
• If not called and HOOD 鈮� US$49.17 at maturity: investors receive par + final (and any accrued) coupons.
• If HOOD < US$49.17 at maturity: repayment is par 脳 (final/initial); loss is 1-for-1 with equity decline and could reach 100 %.

Key risks No principal protection; dependence on a single, high-beta equity; 1-for-1 downside below the 50 % barrier; credit risk of BNS; unlisted note with discretionary market-making; issue price of US$1,000 embeds US$22.50 in selling/structuring fees and exceeds the estimated fair value of US$964.23.

Investor profile Appropriate for investors seeking high conditional income, who are moderately bullish to range-bound on HOOD, can tolerate full loss of capital and accept BNS credit exposure. Unsuitable for investors needing principal protection, dividends, or reliable liquidity.

Key dates Pricing: 11 Jul 2025; first observation: 13 Oct 2025; coupons/auto-call dates quarterly thereafter; maturity: 14 Jul 2028.

Tax & regulatory Expected U.S. treatment: prepaid derivative; coupons taxed as ordinary income. Not CDIC- or FDIC-insured; not bail-inable.

Form 4 filing for Alliant Energy Corporation (LNT) discloses that director Nancy Joy Falotico received 952 deferred common stock units on 11 July 2025. The award was coded 鈥淎,鈥� indicating an acquisition rather than a disposition, and carries no cash cost to the director because it represents equity compensation. After the transaction, Falotico鈥檚 aggregate holdings in deferred stock units total 16,702.403 units, which will convert into common shares when she leaves the board. The footnotes clarify that the total reflects automatic dividend reinvestment adjustments that are exempt from Section 16 reporting under Rule 16a-11. No open-market purchases or sales of common stock were reported, and there were no changes in derivative terms or exercise prices. This routine equity grant appears to be part of the company鈥檚 regular director compensation program and has no direct operational or financial impact on Alliant Energy.

Form 4 filing overview for Alliant Energy Corp. (LNT)

Director Raymond Christie reported the acquisition of 1,188 Deferred Common Stock Units on 07/11/2025. These derivative units convert into an equal number of common shares and will be settled only when the director鈥檚 board service ends. The reference price cited for the underlying shares is $62.08, implying an approximate transaction value of $73,753. After the grant, Christie鈥檚 total beneficial ownership rises to 5,137.754 units. The increase also reflects dividend-reinvestment adjustments exempt under Rule 16a-11.

• No shares were sold; the transaction is coded 鈥淎鈥� (acquisition).
• Ownership is reported as direct.
• The filing does not indicate any 10b5-1 trading plan activity.

The event represents routine director compensation rather than an open-market purchase, therefore its market impact is expected to be limited.

The Bank of Nova Scotia (NYSE: BNS) has filed a Preliminary Pricing Supplement (Form 424B2) for an upcoming debt offering of Callable Fixed-Rate Notes due July 28, 2033. Key commercial terms are set at issuance price 100% of principal, semi-annual coupons of 5.10% per annum and a final maturity of eight years. The notes are issued under the Bank鈥檚 Senior Note Program, Series B and qualify as bail-inable senior unsecured obligations under Canadian law.

• Size & denomination: Aggregate principal to be determined on trade date (expected July 24 2025); minimum investment US$1,000 and integral multiples thereof.
• Coupon & accrual: 5.10% fixed, calculated on a 30/360 basis, payable every 28 January and 28 July, starting 28 January 2026.
• Issuer call feature: The Bank may redeem the notes in whole (not in part) on any interest payment date beginning July 2026, with 10 business-day notice. If called, holders receive par plus accrued interest only up to the call date鈥攃reating reinvestment risk.
• Ranking & security: Senior, unsubordinated, unsecured; pari passu with other senior debt but not insured by CDIC or FDIC. Subject to statutory bail-in conversion under the Canada Deposit Insurance Corporation Act, meaning principal and unpaid interest can be converted into common equity or extinguished if regulators trigger resolution powers.
• Distribution: Lead underwriter and affiliate Scotia Capital (USA) Inc. will purchase at par and resell to dealers at up to a 2.00% discount. Net proceeds to the Bank estimated at 鈮�98% of face, before hedging profits.
• Liquidity: No listing on any securities exchange; secondary market making, if any, will be discretionary. Investors should be prepared to hold to maturity.
• Risk highlights: Credit risk of BNS, potential bail-in conversion, call/reinvestment risk, price sensitivity to interest-rate moves, limited liquidity and potential conflicts arising from the Calculation Agent role held by an affiliate.

Additional sections outline Canadian and U.S. tax treatments, circumstances for tax-motivated redemption, and prohibitions on retail sales in the EEA and U.K. The document is preliminary; final pricing supplement may modify terms.