Terra Innovatum Global (NKLR) received a notice from Nasdaq for not complying with its listing rules after failing to file its quarterly report and 2025 annual report, the company said Friday.
It has until June 15 to submit a plan to regain compliance.
The company said it expects to file its annual report on Form 10-K on or before June 15, and its quarterly report on Form 10-Q for the quarter ended March 31 thereafter.
Subsea 7 (SUBC.OL) said Friday it secured a substantial contract from Norwegian oil and gas company Vår Energi (VAR.OL).The agreement includes engineering, procurement, construction and installation work for a 12.7-kilometer, 10‑inch uninsulated carbon steel pipeline, as well as associated subsea infrastructure for Vår's Goliat gas export project in offshore Norway.The subsea engineering company will start project management and engineering activities immediately, with offshore operations expected from 2027 to 2028.
EU antitrust regulators will decide by June 26 whether to approve or further investigate Baker Hughes' (BKR) proposed $13.6 billion acquisition of Chart Industries (GTLS), Reuters reported Friday, citing European Commission filing.The deal, announced in July last year, is intended to expand Baker Hughes' presence in industrial technology, including services tied to liquefied natural gas and data center infrastructure, while strengthening its broader energy and industrial portfolio.The European Commission, which enforces competition rules in the EU, can approve the transaction with or without conditions, or open a deeper investigation if it identifies potential antitrust concerns, according to Reuters.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
American Resources' (AREC) minority holding ReElement Technologies formed a joint venture with POSCO International to build rare earth and permanent magnet production facilities in the US, the company said Friday.The $200 million partnership plans to establish a domestic supply chain covering feedstock sourcing, material refining, and magnet manufacturing, the company said.The operation intends to produce 3,000 metric tons of separated rare earth oxides annually by 2028 before expanding capacity to 6,000 metric tons by 2030, American Resources said.Final site selection for the refining and manufacturing complex is currently underway, it added.Shares of the company were up 7.5% in Friday's premarket activity.