Terra Quantum and Axiom Intelligence Acquisition Corp 1 Announce Definitive Business Combination Agreement at a $3.5 Billion Equity Valuation

Terra Quantum AG and Axiom Intelligence Acquisition Corp 1 said they signed a definitive business combination agreement under which Terra Quantum will become a public company. The deal values Terra Quantum at about $3.5 billion equity (about $3.6 billion implied pro forma enterprise value) and the combined firm is expected to trade on Nasdaq as “TQ.” Closing is targeted for 2H 2026, subject to approvals and regulatory steps.

Magnolia Oil & Gas (NYSE:MGY) reported Q2 production slightly above 20,000 boe/d in Karnes and said it expects to sustain it for years. For Q3, it expects standalone production near 106,000 boe/d and drilling and completion capex of about $115M. Q2 cash was $296M, with $31M dividends and $49M buybacks. MGY plans to buy WildFire for about $4.06B, funded by equity and $500M notes, targeting closing late Q3.

Rocket Lab (NASDAQ:RKLB) said Aug. 4 it won a $397 million U.S. Space Force contract under the SB-AMTI program to develop, launch and operate Flatellite satellites for airborne target tracking. The work depends on Rocket Lab’s Neutron rocket, whose first flight has been delayed to late 2026 after a Stage 1 tank failure. Rocket Lab reported Q1 FY2026 revenue of $200.3 million.

DoubleVerify (NYSE:DV) shares rose about 13.6% premarket after Nielsen Holdings agreed to buy DV in an all-cash deal valued at about $2.15 billion. DV shareholders will receive $13.60 per share, a 30% premium to the 60-day VWAP. The boards approved; closing is expected in Q1 2027. Several brokerages cut ratings to Hold/Market Perform with targets at $13.60.

CoreCivic said it sold the Leavenworth Midwest Regional Reception Center and the Prairie Correctional Facility in Minnesota to U.S. Immigration and Customs Enforcement, while continuing to operate both. The company said gross sale prices were $238.4 million and $495.6 million, with net proceeds of about $522.5 million. The city raised questions about property taxes, special-use permit oversight, and future impact payments.

Charter Communications is nearing California PUC approval for its $34.5B purchase of Cox Enterprises, with a vote scheduled next week. Activists are urging stronger conditions on low-income broadband affordability, disaster response, and diversity and equity commitments. Charter says it will invest at least $275M in network upgrades and $30M in outreach, and the FCC previously approved the deal with DEI safeguards.