Month: January 2026

Release – Sky Harbour Announces First Draw under J.P. Morgan Facility; Posts $100 million 5-Year Bond Preliminary Limited Offering Memorandum; and Updates Leasing Activity

Posted on by aweinsoff@channelchek.com

Research News and Market Data on SKYH

01/12/2026

Closes its First Prepaid Long-Term Hangar Lease with a $5.9 million Upfront Cash Payment

WEST HARRISON, N.Y.–(BUSINESS WIRE)– Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS) (“SHG” or the “Company”), an aviation infrastructure company building the first nationwide network of Home Base Operator (HBO) campuses for business aircraft, announced today that its indirect, wholly-owned subsidiary Sky Harbour Capital III LLC (“SKYH Capital III”) is filing today with the Municipal Securities Rulemaking Board through its Electronic Municipal Market Access system (“EMMA”) a Preliminary Limited Offering Memorandum relating to the offering of $100 million of tax-exempt fixed rate bonds with a 5-year mandatory tender date (the “Series 2026 Bonds”), which are proposed to be issued by the Public Finance Authority of Wisconsin, a multi-jurisdictional conduit issuer. Through underwriters Barclays Capital, J.P. Morgan, and Academy Securities, SKYH Capital III expects to price the Series 2026 Bonds during the week of January 26th, after a two-week investor marketing period. The proceeds of the Series 2026 Bonds are expected to be used to finance the development of certain of the Company’s hangar campuses, as described below. The principal amount, structure, tenor and timing are preliminary and subject to change. Any such offering is dependent on market and other conditions, and there is no assurance that all or any of the Series 2026 Bonds will be offered.

Separately, Sky Harbour Capital II (“SKYH Capital II”) completed the onboarding of subsidiaries owning its hangar campuses at Camarillo Airport and Bradley International Airport to the borrowing base of its committed warehouse bank facility with JPMorgan Chase Bank, N.A. on January 8, 2026 (the “JPM Facility”). The Company also amended the JPM Facility in order to facilitate the flow of funds securing the proposed Series 2026 Bonds. These amendments have been filed under Form 8-K with the SEC. On the same date, SKYH Capital II drew funds of approximately $13 million to reimburse the Company for prior advances associated with capital expenditures at Bradley International Airport and certain costs of issuance and fund certain reserves for the JPM Facility.

Update on Leasing Activities

  • Stabilized campuses: The Company expects revenue per square foot at its stabilized campuses to increase as legacy hangar leases turn over or are renewed and through the annual rent escalators embedded in all tenant leases.
  • Recently opened campuses: As of January 9, 2026, Dallas Addison (ADS) Phase 1, Phoenix Deer Valley (DVT) and Denver Centennial (APA) have reached 87% ,73% and 27% occupancy levels, respectively.
  • Pre-leasing: We continue our pre-lease activities at Washington Dulles (IAD), Bradley International Airport (BDL), and have begun pre-leasing at Miami-Opa Locka (OPF) Phase 2 and Addison (ADS) Phase 2. The latter two projects are under construction following the success of their respective Phase 1 developments, which are now nearly fully leased.
  • Selective long-term partnerships: We have extended our documentation negotiation period under the letter of intent with a potential joint-venture partner leasing a single SH34 hangar at OPF Phase 2 through mid-March 2026, in order to address certain operational requirements. Separately, we continue discussions for similar joint ventures at other locations in the network with other parties.
  • Ultra-long tenant leases: In late December, we entered into an amended lease with an existing tenant at OPF Phase 1 for a 15-year lease term in exchange for an upfront lump sum rent payment of $5.9 million.

Update on Capital Formation

  • The proposed Series 2026 Bonds, if completed, would raise $100 million, reducing the need for additional equity contributions associated with the $200 million JPM Facility. As previously disclosed, the JPM Facility has a 5-year term commencing September 2025 with an interest rate of 80% of the sum of daily SOFR + 0.10%, plus 200 basis points. The Company subsequently entered into a floating-to-fixed interest rate swap, with a notional schedule based on the anticipated draws under the JPM Facility and a 4.73% fixed rate for the duration of the term of the JPM Facility. Proceeds from the JPM Facility and the Series 2026 Bonds are expected to be used to fund construction projects at Bradley International Airport (BDL), Salt Lake City International (SLC), Orlando Executive Airport (ORL), Hudson Valley Regional Airport (POU), Trenton-Mercer Airport (TTN), Chicago Executive Airport (PWK) and Dulles International Airport (IAD). The JPM Facility is expandable to $300 million subject to credit approval.
  • If completed as planned, the $100 million raised from the Series 2026 Bond issuance and the $200 million of borrowing capacity available from the JPM Facility and other existing Company resources are expected to fully fund approximately 1.1 million rentable square feet of new hangars, for a total of approximately 2.1 million rentable square feet portfolio-wide.
  • Selective long-term partnerships: Should the company enter selective long-term partnerships or ultra long-term tenant leases as described above, the Company expects to use the proceeds for the satisfaction of any of its future capital needs and for general corporate purposes.
  • Internal Cash Flow Generation. The Company expects that between its leasing activities in Q4 2025, Q1 2026, and the anticipated opening of its OPF Phase 2 campus in Q2 2026, the Company will now be able to reinvest internally generated cash flows as equity for its future developments.

About Sky Harbour

Sky Harbour Group Corporation is an aviation infrastructure company developing the first nationwide network of Home-Basing campuses for business aircraft. The company develops, leases, and manages general aviation hangar campuses across the United States. Sky Harbour’s Home-Basing offering aims to provide private and corporate residents with the best physical infrastructure in business aviation, coupled with dedicated service, tailored specifically to based aircraft, offering the shortest time to wheels-up in business aviation. To learn more, visit www.skyharbour.group.

Forward Looking Statements

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, including statements about the financial condition, results of operations, earnings outlook and prospects of SHG, including statements regarding our expectations for future results, our expectations for future ground leases, our plans for future capital raising activity, the transactions contemplated by the letter of intent, our expectations on future construction and development activities and lease renewals, and our plans for future financings. When used in this press release, the words “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and other similar words and expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements are based on the current expectations of the management of Sky Harbour Group Corporation (the “Company”) as applicable and are inherently subject to uncertainties and changes in circumstances. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. For more information about risks facing the Company, see the Company’s annual report on Form 10-K for the year ended December 31, 2024 and other filings the Company makes with the SEC from time to time. The Company’s statements herein speak only as of the date hereof, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Key Performance Indicators

We use a number of metrics, including annualized revenue run rate per leased rentable square foot, to help us evaluate our business, measure our performance, identify trends affecting our business, formulate business plans, and make strategic decisions. Our key performance indicators may be calculated in a manner different than similar key performance indicators used by other issuers. These metrics are estimated operating metrics and not projections, nor actual financial results, and are not indicative of current or future performance.

Disclaimer

This Notice does not constitute an offer to sell Series 2026 Bonds or the solicitation of an offer to buy, nor shall there be any sale of the Series 2026 Bonds by any person in any state or other jurisdiction to any person to whom it is unlawful to make such offer, solicitation or sale in such state or jurisdiction. No dealer, broker, salesperson or any other person has been authorized to give any information or to make any representation other than those contained in the Preliminary Limited Offering Memorandum in connection with the contemplated offering of the Series 2026 Bonds, and, if given or made, such information or representation must not be relied upon.

Sky Harbour Investor Relations: investors@skyharbour.group Attn: Francisco X. Gonzalez

Source: Sky Harbour Group Corporation

U.S. Tariff Revenue Falls Sharply in December as Trade Volumes Continue to Reset

Posted on by slightbourne@noblecapitalmarkets.com

U.S. tariff revenue declined sharply in December, offering fresh evidence that President Trump’s aggressive trade policies are reshaping global commerce and slowing the flow of goods into American ports. A new report from the U.S. Treasury released Tuesday showed that $27.89 billion in tariff revenue was collected in December, nearly $3 billion less than in November and more than 10% below the October peak.

The December figure caps off a historically lucrative year for tariff collections, with total revenue reaching $264.05 billion in 2025—an unprecedented annual haul. However, it also marks the second consecutive monthly decline after the Trump administration rolled back or adjusted key tariffs late last year. October saw the highest monthly intake at $31.35 billion, followed by $30.76 billion in November before the more pronounced drop in December.

The downturn in tariff revenue reflects broader shifts in U.S. trade flows. Commerce Department data released alongside the Treasury report showed the U.S. trade deficit narrowed to $29.4 billion in November, the lowest level since mid-2009. While the data was delayed due to last fall’s government shutdown, it underscores a clear trend: less trade activity involving the United States, driven largely by sweeping tariff measures.

Administration officials have framed the shrinking trade deficit as a major policy success. Treasury Secretary Scott Bessent recently credited President Trump’s trade agenda for the improvement, noting that the deficit has fallen back to levels not seen since the aftermath of the global financial crisis. When Trump introduced his tariff regime earlier in the year, monthly customs revenues surged dramatically, rising from just $7.25 billion in February and climbing steadily through October.

Yet the recent step-down in revenue highlights the limits of tariffs as a long-term funding source. The Congressional Budget Office has already slashed its projected tariff receipts for the coming decade by roughly $1 trillion, suggesting that trade volumes are adjusting downward faster than policymakers initially anticipated. This has implications for Trump’s broader fiscal ambitions, many of which have leaned heavily on tariff income.

The president has repeatedly suggested that tariffs could fund a wide range of priorities, from tax cuts to infrastructure to national defense. Most recently, Trump argued that tariffs could support a proposed $500 billion annual increase in the U.S. military budget—a figure that exceeds twice the total tariff revenue collected in all of 2025.

Meanwhile, uncertainty continues to loom over global trade in 2026. The White House has issued new tariff threats, including a proposed 25% levy on goods from any country doing business with Iran. At the same time, a closely watched Supreme Court decision on the legality of Trump’s broad “blanket” tariffs could arrive as early as this week.

Trade data underscores the scale of the shift already underway. Shipping analytics firm Project44 reported that U.S. imports from China fell 28% in 2025, while U.S. exports to China dropped 38%, describing the change as one of the sharpest bilateral trade contractions in recent history. While shipping volumes appear to be stabilizing, they are doing so at a markedly lower level.

As the U.S. recalibrates its trade posture, the rest of the world is moving in a different direction. The European Union recently approved a landmark free-trade agreement with Mercosur nations in Latin America, creating one of the world’s largest trade blocs and highlighting a growing divergence in global trade strategies.

Oil Prices Surge to Two-Month High as Iran Tensions Threaten Global Energy Markets

Posted on by slightbourne@noblecapitalmarkets.com

Oil markets are experiencing their sharpest rally in months as geopolitical tensions surrounding Iran send shockwaves through global energy trading. Both Brent crude and West Texas Intermediate have climbed more than 10% over the past week, with prices reaching levels not seen since October.

The rally comes as widespread protests continue to rock Iran, prompting President Trump to warn that the country’s ruling regime would face serious consequences. This marks a significant shift in market attention from Venezuela, where oil shipments have recently resumed, back to Iran—what energy experts are calling the nerve center of global oil markets.

Iran’s position in the global oil landscape is uniquely influential for two critical reasons. First, the country produces over 3 million barrels daily and exports approximately 1.5 million barrels per day. Beyond current production, Iran sits atop more than 200 billion barrels of proven reserves, ranking third globally behind only Venezuela and Saudi Arabia. Unlike Venezuelan crude, Iran’s lighter, medium-weight oil is easier to refine and more desirable for buyers.

Second, and perhaps more critically, Iran largely controls the Strait of Hormuz—a narrow waterway that serves as one of the world’s most vital oil chokepoints. Roughly 20 million barrels per day, representing about 25% of global seaborne petroleum trade, flows through this strategic passage. Any closure or disruption would immediately send prices soaring.

Historical precedent underscores this vulnerability. When Israeli forces struck Iranian military and nuclear sites last June, Brent crude jumped 7% in a single day despite the Strait never actually closing.

Energy analysts warn that sustained civil unrest could disrupt Iran’s oil infrastructure. Widespread upheaval might prevent skilled workers from reaching production and export facilities, while basic services like electricity could become unreliable. Experts suggest at least limited production interruptions are likely if tensions continue escalating.

A worst-case scenario would mirror the 1979 Iranian Revolution, when political upheaval cut the country’s oil production nearly in half—from over 5.7 million barrels per day to just 3.2 million barrels. While analysts consider a complete production collapse unlikely, even partial disruptions would significantly impact global supplies.

The Trump administration has intensified pressure on Tehran, announcing immediate 25% tariffs on any country conducting business with Iran. The president has also signaled support for protesters facing violent crackdowns that have reportedly killed thousands amid internet blackouts.

China, which purchases more than 80% of Iranian crude, would feel immediate effects from any export disruptions. Chinese refiners might shift demand toward Russian oil or tap domestic reserves that Beijing has been stockpiling as geopolitical insurance.

Despite the price spike, some analysts urge caution. The global oil market currently faces a supply glut of approximately 3.6 million barrels per day, which could absorb moderate disruptions. However, trading activity tells a different story—Monday saw record volume in Brent crude call options as traders hedge against sudden price spikes, while volatility indicators have reached their highest levels since last summer’s strikes.

For now, markets remain on edge, closely watching whether Iran’s internal turmoil will translate into the sustained supply disruption that could send prices substantially higher.

Release – Conduent Launches AI Experience Center to Showcase AI & GenAI-Powered Solutions for Commercial, Transportation and Government Clients

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CNDT

January 13, 2026

Commercial Sector Corporate Transportation Government

New Center Demonstrates How AI Can Drive Business Performance, Enhance Customer Experience and Improve Financial Outcomes

Collaborations with Microsoft and Other Tech Leaders Helps Fuel Innovation Pipeline

FLORHAM PARK, N.J. — Conduent Incorporated (Nasdaq: CNDT), a global technology-driven business solutions and services provider, today announced the opening of its AI Experience Center at Conduent’s corporate headquarters in Florham Park, New Jersey.

The AI Experience Center is a curated, collaborative space where clients can explore how Conduent’s AI- and GenAI-powered solutions are designed to address their needs and deliver measurable outcomes to improve business process performance, enhance customer satisfaction and drive better financial outcomes. These commercially available solutions, which are tailored for Conduent’s commercial, transportation, and government clients to support their business and their end users, span across customer experience, document processing, pharma and life sciences, payment fraud mitigation, transportation license plate recognition, human capital solutions, and finance, accounting and procurement.

“For approximately 20 years, Conduent has applied advanced technologies like AI across our businesses to deliver meaningful outcomes that align with our clients’ strategic and financial goals,” said Cliff Skelton, President and CEO of Conduent. “As we expand our use of GenAI, the AI Experience Center demonstrates to our clients our innovative portfolio and how these solutions enable us to achieve higher levels of value, performance and personalized experience to support their businesses and their customers.”

In partnership with Microsoft, Conduent has been accelerating innovation across its portfolio leveraging the Azure OpenAI Service. The initial solutions utilizing AI and GenAI developed with Microsoft focused on end-user engagement, healthcare claims processing, and fraud detection.

“At Microsoft, we deeply value our collaboration with Conduent. The launch of the AI Experience Center is a milestone that reflects our shared commitment to innovation and empowering organizations with cutting-edge AI and Generative AI solutions,” said Chad Kammeraad, VP/General Manager Global Strategics Commercial Enterprise at Microsoft. “Together, we are helping commercial, transportation, and government clients unlock new possibilities and deliver transformative outcomes.”

Strategic Partnerships Expand Conduent Capabilities

In addition to working with Microsoft, Conduent has been able to accelerate the development of solutions through strategic partnerships with other leading technology companies. With the help of these tech category leaders and their AI and GenAI tools, Conduent solutions have expanded their capabilities, such as recognizing significant savings in the procurement process, helping guide employees through the open enrollment process, and expanding contact center agent expertise and abilities to support and service customers.

Advanced AI Solutions Delivering Breakthrough Solutions for Clients

Designed to align with our clients’ functional areas, the Center features in-depth demos that highlight Conduent’s ability to solve complex industry challenges through transformative technologies developed either in-house or with leading technology partners. Solutions are organized into three key functional areas:

Functional AreasCapabilitiesExample of Solutions Poweredby AI & GenAI
Improve end-user interactions and engagementEnable more personalized experiences at scale with adaptive learning that improves engagementEnhancement of CX offering with market leading AI features:Real-time translationAccent smoothingAutomated quality assurance
Streamline core operationsAutomate time-consuming tasks, simplify workflows and process information faster with higher accuracyEnhanced identification of FDA-reportable eventsAutomated fraud detection for government prepaid card programs
Optimize enterprise functionsAnalyze data and gain insights quickly to help teams make smarter decisionsPersonalized, intelligent employee benefit experiencesContract compliance assessment and identification of procurement savings

About Conduent

Conduent delivers digital business solutions and services spanning the commercial, government and transportation spectrum – creating valuable outcomes for its clients and the millions of people who count on them. The Company leverages cloud computing, artificial intelligence, machine learning, automation and advanced analytics to deliver mission-critical solutions. Through a dedicated global team of approximately 53,000 associates, process expertise and advanced technologies, Conduent’s solutions and services digitally transform its clients’ operations to enhance customer experiences, improve performance, increase efficiencies and reduce costs. Conduent adds momentum to its clients’ missions in many ways including disbursing approximately $85 billion in government payments annually, enabling 2.3 billion customer service interactions annually, empowering millions of employees through HR services every year and processing nearly 13 million tolling transactions every day. Learn more at www.conduent.com.

Note: To receive RSS news feeds, visit www.news.conduent.com. For open commentary, industry perspectives and views, visit http://twitter.com/Conduent, http://www.linkedin.com/company/conduent or http://www.facebook.com/Conduent.

Trademarks

Conduent is a trademark of Conduent Incorporated in the United States and/or other countries. Other names may be trademarks of their respective owners.

Media Contacts

Sean Collins

Conduent

Sean.Collins2@conduent.com

+1-310-497-9205

Joshua Overholt

Conduent

ir@conduent.com

Release – Kratos Opens New 55,000-Square-Foot State-of-the-Art Hypersonic System Manufacturing and Payload Integration Facility in Princess Anne, Maryland

Posted on by aweinsoff@channelchek.com

Research News and Market Data on KTOS

January 13, 2026

PDF Version

Kratos Continues to Demonstrate Commitment to Growing the U.S. Defense Industrial Base with this Announcement of Its Sixth New Facility in a Year

SAN DIEGO, Jan. 13, 2026 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in defense, national security, and global markets, announced today the grand opening of its new 55,000-square-foot state-of-the-art hypersonic and “Other” system manufacturing and payload integration facility in Princess Anne, Maryland.

The advanced facility will significantly enhance Kratos’ capabilities to support launch operations and hypersonic testing for the Multi-Service Advanced Capability Hypersonics Test Bed (MACH-TB) 2.0 program and other customers from agencies including the U.S. Navy, US Air Force, DARPA, and the Missile Defense Agency.

“This strategic investment in Princess Anne represents Kratos’ commitment to expanding our nation’s hypersonic testing infrastructure and capabilities,” said Dave Carter, President of Kratos Defense & Rocket Support Services Division. “The new facility enables us to increase production capacity, streamline payload integration processes, and respond even more rapidly to the growing demand for affordable hypersonic flight testing. The Princess Anne facility will play a crucial role in supporting our $1.4 billion MACH-TB 2.0 contract and other critical programs, enabling increased test cadence and more affordable flight test opportunities for hypersonic technologies.

The Princess Anne facility features advanced manufacturing capabilities, specialized integration areas, and enhanced testing equipment designed to support Kratos’ expanding role in hypersonic testing and launch operations. The location was strategically chosen for its proximity to NASA Wallops Flight Facility, optimizing logistics and operational efficiencies.

“We are excited to welcome Kratos to Princess Anne and look forward to the opportunities it will bring. Kratos’ contributions will help strengthen our local economy and business community,” stated Jay Prouse, Princess Anne Town Manager.

Danny Thompson, Executive Director for the Somerset County Economic Development Commission (EDC), remarked, “We are thrilled that Kratos will be locating to the Princess Anne Industrial Park. The collaboration efforts between Kratos, the Town of Princess Anne, and Somerset County EDC, continues to foster expansion in the Aerospace Engineering field and provide job retention and economic growth.”

Eric DeMarco, President and CEO of Kratos, said, “This new facility is another example of Kratos’ strategy of making upfront commitments to rapidly develop and field relevant national security hardware, products and systems, and invest in growing the U.S. defense industrial base. Similar to other Kratos facilities, Princess Anne is directly tied to either customers, programs, contracts, partners and specific hardware, products and systems, resulting in a tailored, efficient, manufacturing, integration or production facility, resulting in low cost, efficient rapid execution and delivery to the warfighter.”

The Princess Anne facility is expected to create new high-skilled jobs in the region and further strengthen Kratos’ capabilities to support the Department of War’s initiatives to accelerate hypersonic technology development and testing.

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading-edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low-cost future manufacturing which is a value-add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 29, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

Press Contact:
Claire Cantrell
claire.cantrell@kratosdefense.com

Investor Information:
877-934-4687
investor@kratosdefense.com

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Source: Kratos Defense & Security Solutions, Inc.

Release – Bitcoin Depot Acquires the Assets of Regional Bitcoin ATM Operator, Instant Coin Bank

Posted on by aweinsoff@channelchek.com

Research News and Market Data on BTM

January 13, 2026 8:00 AM EST Download as PDF

Advances Bitcoin Depot’s Nationwide Expansion Strategy and Market Consolidation Efforts

ATLANTA, Jan. 13, 2026 (GLOBE NEWSWIRE) — Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced its acquisition of Instant Coin Bank, a regional BTM operator with locations throughout Texas and Oklahoma. The acquisition strengthens Bitcoin Depot’s footprint in the South-Central United States and supports the Company’s long-term growth strategy.

“Instant Coin Bank is a strong strategic fit in a region where we continue to see sustained demand for convenient, secure cash-to-crypto access,” said Bitcoin Depot CEO Scott Buchanan. “This transaction allows us to further expand our presence in Texas and surrounding markets while applying operational expertise and compliance infrastructure to integrate their network efficiently. As we continue to consolidate a highly fragmented industry, acquisitions like this support our goal of building the most reliable and accessible BTM platform nationwide.”

Instant Coin Bank’s ATM network will be fully integrated into Bitcoin Depot’s platform in the coming weeks, with all locations transitioning to Bitcoin Depot branding, and there will be no service disruption for its customers. Existing machines will retain their core functionality while gaining access to Bitcoin Depot’s 24/7 customer support, an established compliance program, and ongoing investments in technology and consumer protection.

“We started this company with the goal to provide simple, reliable access to crypto in our local communities,” said Obada Alhaj, President of Instant Coin Bank. “Joining Bitcoin Depot allows that mission to continue on a much larger scale. Their market expertise, operational capabilities, and commitment to compliance will enhance the experience for both our customers and location partners.”

Since becoming the first U.S. Bitcoin ATM operator to go public in July 2023, Bitcoin Depot has demonstrated its ability to expand internationally while maintaining a focus on compliance, access, and customer experience. Over the last year, the Company announced several key retail partnerships, an enhanced compliance program, multiple strategic acquisitions, and additions to its growing Bitcoin treasury.

The financial terms of the transaction were not disclosed. For more information, visit https://bitcoindepot.com.

About Bitcoin Depot 
Bitcoin Depot Inc. (Nasdaq: BTM) was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to bitcoin at Bitcoin Depot kiosks in 47 states and at thousands of name-brand retail locations in 31 states through its BDCheckout product. The Company has the largest market share in North America and operates over 9,000 kiosk locations globally as of August 2025. Learn more at www.bitcoindepot.com.

Cautionary Note Regarding Forward-Looking Statements
This press release and any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. Forward-looking statements are any statements other than statements of historical fact, and include, but are not limited to, statements regarding the expectations of plans, business strategies, objectives and growth and anticipated financial and operational performance, including our growth strategy and ability to increase deployment of our products and services, the anticipated effects of the Agreement. These forward-looking statements are based on management’s current beliefs, based on currently available information, as to the outcome and timing of future events. Forward-looking statements are often identified by words such as “anticipate,” “appears,” “approximately,” “believe,” “continue,” “could,” “designed,” “effect,” “estimate,” “evaluate,” “expect,” “forecast,” “goal,” “initiative,” “intend,” “may,” “objective,” “outlook,” “plan,” “potential,” “priorities,” “project,” “pursue,” “seek,” “should,” “target,” “when,” “will,” “would,” or the negative of any of those words or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any future events or financial results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond our control.

These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the business combination; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; our ability to manage future growth; our ability to develop new products and services, bring them to market in a timely manner and make enhancements to our platform; the effects of competition on our future business; our ability to issue equity or equity-linked securities; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors described or referenced in filings with the Securities and Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that we do not presently know or that we currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect our expectations, plans or forecasts of future events and views as of the date of this press release. We anticipate that subsequent events and developments will cause our assessments to change.

We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.

Contacts: 

Investors  
Cody Slach
Gateway Group, Inc.  
949-574-3860  
BTM@gateway-grp.com 

Media  
Brenlyn Motlagh, Ryan Deloney  
Gateway Group, Inc. 
949-574-3860  
BTM@gateway-grp.com 

Primary Logo

Source: Bitcoin Depot Inc.

Released January 13, 2026

U.S. Inflation Cools in December as Core Prices Rise at Slowest Pace Since 2021

Posted on by slightbourne@noblecapitalmarkets.com

U.S. inflation showed further signs of cooling in December, offering fresh evidence that price pressures across the economy are continuing to moderate as the year comes to a close. According to the latest Consumer Price Index (CPI) report released Tuesday by the Bureau of Labor Statistics, core consumer prices rose at their slowest annual pace since March 2021, reinforcing expectations that the Federal Reserve will keep interest rates steady in the near term.

On a core basis—excluding the volatile food and energy categories—prices increased 0.2% from November and rose 2.6% compared with a year earlier. That annual reading matched November’s figure and marked the weakest pace of core inflation in nearly five years. Headline inflation, which includes all categories, rose 0.3% month over month and 2.7% year over year, in line with economists’ expectations.

While inflation remains above the Federal Reserve’s long-term 2% target, the steady downward trend over the past year has eased concerns that elevated prices could derail economic growth. Policymakers have increasingly signaled that inflation now poses less of a threat than a potential slowdown in the labor market, a view supported by recent economic data.

Economists pointed to signs that underlying inflation pressures are genuinely cooling. Stephen Brown, an economist at Capital Economics, noted that December’s softer core reading came despite some price rebounds following unusually weak data in October and November. This, he said, suggests that inflation momentum has meaningfully slowed rather than temporarily paused.

The CPI report follows last week’s December jobs data, which showed the unemployment rate pulling back from a four-year high. Together, the inflation and labor market reports have strengthened investor confidence that the Federal Reserve will leave interest rates unchanged at its January 27–28 policy meeting. Futures market data from CME Group now indicate a roughly 95% probability that rates will remain steady.

A closer look at the report revealed mixed price trends for households. Food inflation remained a notable pressure point, with food prices rising 0.7% in December, outpacing overall inflation. Five of the six major grocery store food categories posted monthly increases, including grains, dairy, fruits, and beverages. Only meat prices declined, slipping 0.2% during the month.

Offsetting some of those pressures were declines in several key core categories. Used car and truck prices fell 1.7% in December, while airline fares dropped 0.5%. Transportation services overall also declined by 0.5%, helping keep core inflation contained.

Energy prices provided additional relief. Gasoline prices plunged 5.3% in December amid falling oil prices, contributing to a 2% monthly decline in the energy index. These declines helped temper headline inflation despite higher food costs.

Nationwide chief economist Kathy Bostjancic described the report as “very encouraging,” adding that it supports expectations that lingering tariff-related pressures on goods prices will fade in 2026. As inflation continues to cool and economic growth remains resilient, markets and policymakers alike appear increasingly confident that the worst of the inflation surge is firmly in the past.

Release – Ocugen to Host Webcast on Thursday, January 15 at 8:30 a.m. ET to Discuss OCU410 Phase 2 Clinical Trial Data

Posted on by aweinsoff@channelchek.com

Research News and Market Data on OCGN

January 13, 2026

PDF Version

MALVERN, Pa., January 13, 2026 (GLOBE NEWSWIRE) – Ocugen, Inc. (“Ocugen” or the “Company”) (NASDAQ: OCGN), a pioneering biotechnology leader in gene therapies for blindness diseases, today announced that it will host a conference call and live webcast with KOLs and Ocugen executive leadership to discuss data from the first half of patients completing one year since treatment in the OCU410 Phase 2 ArMaDa clinical trial at 8:30 a.m. ET on Thursday, January 15, 2026. OCU410 is the Company’s novel modifier gene therapy candidate for geography atrophy secondary to dry age-related macular degeneration.

Study investigators leading the webcast include:

  • Arshad M. Khanani, MD, MA, FASRS, Director of Clinical Research, and Director of Fellowship at Sierra Eye Associates and Clinical Professor at the University of Nevada, Reno School of Medicine
     
  • Jay Chhablani, MD, Vitreo-Retina Specialist at the University of Pittsburgh Eye Center
     
  • Lejla Vajzovic, MD, FASRS, Professor of Ophthalmology, Director of CME-Ophthalmology, Duke University School of Medicine
     

Attendees are invited to participate on the call using the following details:

Dial-in Numbers: (800) 715-9871 for U.S. callers and (646) 307-1963 for international callers
Conference ID: 7783588
Webcast: Available on the events section of the Ocugen investor site

A replay of the call and archived webcast will be available following the event on the Ocugen investor site.

About Ocugen, Inc.
Ocugen, Inc. is a pioneering biotechnology leader in gene therapies for blindness diseases. Our breakthrough modifier gene therapy platform has the potential to address significant unmet medical need for large patient populations through our gene-agnostic approach. Unlike traditional gene therapies and gene editing, Ocugen’s modifier gene therapies address the entire disease—complex diseases that are potentially caused by imbalances in multiple gene networks. Currently we have programs in development for inherited retinal diseases and blindness diseases affecting millions across the globe, including retinitis pigmentosa, Stargardt disease, and geographic atrophy—late stage dry age-related macular degeneration. Discover more at www.ocugen.com and follow us on X and LinkedIn.

Cautionary Note on Forward-Looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties. We may, in some cases, use terms such as “predicts,” “believes,” “potential,” “proposed,” “continue,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should,” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Such statements are subject to numerous important factors, risks, and uncertainties that may cause actual events or results to differ materially from our current expectations. These and other risks and uncertainties are more fully described in our periodic filings with the Securities and Exchange Commission (SEC), including the risk factors described in the section entitled “Risk Factors” in the quarterly and annual reports that we file with the SEC. Any forward-looking statements that we make in this press release speak only as of the date of this press release. Except as required by law, we assume no obligation to update forward-looking statements contained in this press release whether as a result of new information, future events, or otherwise, after the date of this press release.

Contact:
Tiffany Hamilton
AVP, Head of Communications
Tiffany.Hamilton@ocugen.com

SKYX Platforms (SKYX) – Joining NVIDIA Connect

Posted on by slightbourne@noblecapitalmarkets.com


Tuesday, January 13, 2026

Patrick McCann, CFA, Research Analyst, Noble Capital Markets, Inc.

Michael Kupinski, Director of Research, Equity Research Analyst, Digital, Media & Technology , Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

NVIDIA partnership elevates SKYX’s technology profile. SKYX joined the NVIDIA Connect Program, gaining access to NVIDIA’s cloud and AI ecosystem to support development of its All-In-One Smart Platform. Management described the relationship as “game-changing,” reinforcing SKYX’s positioning as a technology platform company.

The Smart Platform is designed to be the ceiling-based hub of the home. The SkyPlatform embeds connectivity, safety, and intelligence into a single ceiling-based hub, combining Wi-Fi, voice and app control, speakers, thermostat functions, emergency lighting, and safety features. The platform is designed to be compatible with leading smart assistants such as Apple’s Siri and Amazon’s Alexa, simplifying how homes adopt and manage connected technology.


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Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

SelectQuote (SLQT) – Extended Maturities Enhances Balance Sheet Flexibility

Posted on by slightbourne@noblecapitalmarkets.com


Tuesday, January 13, 2026

Patrick McCann, CFA, Research Analyst, Noble Capital Markets, Inc.

Michael Kupinski, Director of Research, Equity Research Analyst, Digital, Media & Technology , Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Extended maturity. The company completed a comprehensive refinance that extends its primary debt maturities to January 2031, removing the prior 2027 overhang. The new $325M senior secured term loan and $90M revolver replace the legacy structure and provide a multi-year runway. We view this as a structural reset that repositions the balance sheet to be better-aligned with the company’s long-term growth strategy.

Cost of capital improvements. The new facility delivers immediate interest savings on the revolver (SOFR + 400 bps versus SOFR + 500 bps previously) and embeds a clear path to lower term-loan pricing. The term loan begins at SOFR + 650 bps, with step-downs to SOFR + 600 bps and ultimately SOFR + 550 bps as leverage and Cash EBITDA improve. Operating performance will now have the potential to directly translate into interest savings.


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Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

ONE Group Hospitality (STKS) – Releases Preliminary 4Q and FY25 Sales Results

Posted on by slightbourne@noblecapitalmarkets.com


Tuesday, January 13, 2026

Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

4Q25. Preliminary total GAAP revenues for 4Q25 are expected to be approximately $207 million, a 6.8% decrease from $222 million in 4Q24 and below the $223 million consensus estimate. This decline was primarily driven by RA Sushi and Kona Grill closures as part of the portfolio optimization and the change in the Company’s fiscal year. The Grill closures are expected to reduce total GAAP revenues by approximately 2.4%, representing 35% of the expected total GAAP revenue decline.

Calendar Impacts. The fiscal calendar change to 4 equal quarters in 2025 created timing differences that impacted quarterly comparisons: 4Q25 had 91 days versus 92 days in 4Q24. Additionally, the New Year’s Eve holiday shifted from fiscal 2025 to fiscal 2026. The exclusion of New Year’s Eve in the current year impacted total GAAP revenues by approximately 2.5%, representing 37% of the expected total GAAP revenue decline. Fourth quarter comparable sales are expected to decrease by approximately 1.8%.


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Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Kelly Services (KELYA) – Trust To Sell Controlling Stake; Kelly Adopts Shareholders Rights Plan

Posted on by slightbourne@noblecapitalmarkets.com


Tuesday, January 13, 2026

Kelly (Nasdaq: KELYA, KELYB) connects talented people to companies in need of their skills in areas including Science, Engineering, Education, Office, Contact Center, Light Industrial, and more. We’re always thinking about what’s next in the evolving world of work, and we help people ditch the script on old ways of thinking and embrace the value of all workstyles in the workplace. We directly employ nearly 350,000 people around the world and connect thousands more with work through our global network of talent suppliers and partners in our outsourcing and consulting practice. Revenue in 2021 was $4.9 billion. Visit kellyservices.com and let us help with what’s next for you.

Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

A Surprise Sale. Yesterday morning, Kelly Services announced that last Friday, the Terence E. Adderley Revocable Trust K notified Kelly’s Board that it entered into a definitive agreement to sell its entire holding, which constitutes 92.2% of the voting Class B common stock, to a private party. In an amended Schedule 13D filing after the market closed yesterday, the buyer was identified as Hunt Equity Opportunities.

A Large Premium. Hunt is purchasing the 3,039,940 B shares held by the Trust for $106 million, or the equivalent of $34.87/sh. The B shares closed on Friday at $8.86. Historically, the A and B shares have traded in tandem, although there have been periods in which one class has outpaced the other. There is a potential $15.2 million additional payout if the market capitalization of Kelly is equal to or greater than $1.2 billion at any time over the next 48 months. The deal is expected to close by the end of January.


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Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Alliance Entertainment Holding (AENT) – Another Exclusive Partnership

Posted on by slightbourne@noblecapitalmarkets.com


Tuesday, January 13, 2026

Michael Kupinski, Director of Research, Equity Research Analyst, Digital, Media & Technology , Noble Capital Markets, Inc.

Jacob Mutchler, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Amazon MGM Studios partnership. Notably, on January 12, the company announced an exclusive multi-year home entertainment licensing agreement with Amazon MGM Studios Distribution. Furthermore, the partnership positions the company as the sole physical media distributor for Amazon MGM titles across DVD, Blu-ray, UHD/4K, and premium collector options in the U.S. and Canada.

Extensive catalog. Notably, Amazon MGM Studios has a number of favorable releases this year, including Fallout Season 2 and Mercy. Additionally, the new releases build on an extensive content catalog, which includes globally recognized franchises such as James Bond and Rocky, as well as several other popular titles, including The Silence of the Lambs and Legally Blonde.


Get the Full Report

Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.