Fermi (FRMI) said Thursday it intends to offer $350 million of convertible senior notes due 2031 to qualified institutional buyers.
Initial purchasers will have a 13-day option to buy up to an additional $52.5 million of the notes, according to a statement.
The company said it plans to use the proceeds to fund capped call transactions and for general corporate purposes.
Shares were down nearly 13% in after-hours trading.
Republic Power Group (RPGL) regained compliance with the Nasdaq Stock Market minimum bid price requirement.Nasdaq has closed the matter, the company said Wednesday in a statement.Republic Power shares jumped 34% in after-hours trading.
Byrna Technologies (BYRN) agreed to acquire HERO Defense Systems $1.25 million in cash and stock, adding compact everyday-carry personal defense products to its lineup.The consideration includes $625,000 in cash, $625,000 in restricted shares, and a performance-based royalty tied to future net sales of HERO products, Byrna said Wednesday in a statement.The transaction is expected to close within 30 days.Byrna shares rose 4.9% in after-hours trading.
Ampco-Pittsburgh (AP) said Wednesday its customer order activity in the first half of 2026 totaled about $268 million, up from $204 million in the same period a year earlier.Customer order activity in the company's Forged and Cast Engineered Products segment rose 25% in the first six months of 2026, while Air and Liquid Processing experienced 42% growth year over year, according to a statement.Shares rose more than 15% in after-hours trading.