Altaris to acquire Simulations Plus in $375m all-cash deal

Simulations Plus, Inc. (SLP) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 slp-2026531xexx991x263.htm EX-99.1 Document Exhibit 99.1 Simulations Plus Reports Third Quarter Fiscal 2026 Financial Results RESEARCH TRIANGLE PARK, NC, July 9, 2026 – Simulations Plus, Inc. (Nasdaq: SLP) (“Simulations Plus” or the “Company”), a global leader in model-

RBC Capital Markets initiated coverage of Sylvania Platinum (AIM:SLP) with an Outperform rating and a 175p target, implying 90% upside from 92p. RBC says the shares trade at 0.6x net asset value and 20% free cash flow yield on 2027 estimates, reflecting “mispricing.” It cites a potential production cliff after 2030 as waste feed runs down, but expects the Thaba joint venture to add 26% to production and forecasts average dividend yields of 14.4% over three years.

U.S. upstream M&A slowed to $9.1B in Q2 as crude price volatility eased, though Enverus expects acceleration in H2 2026. Deal highlights include Magnolia Oil & Gas buying WildFire Energy for about $4.06B, Crescent Energy acquiring Vital Energy for ~$3.1B and Eagle Ford assets for $905M, and Baytex selling Eagle Ford assets for $2.14B.

AMD agreed to acquire Toronto startup Taalas, which designs model-specific AI chips that etch neural network weights into transistors to avoid weight transfers during inference. Taalas’ first test chip reportedly ran Meta’s Llama 3.1 8B at 16,960 tokens per second. Closing is expected in Q4, with chips planned for AMD Helios racks using ROCm.

AMD confirmed it will buy Toronto AI inference chip startup Taalas, subject to regulatory approval, to integrate Taalas technology into its accelerator roadmap and pair it with Instinct GPUs. AMD reported Q2 revenue of $11.5B (+50% YoY), data center $6.7B (+107%), and adjusted EPS $1.66 (+246%).

AkzoNobel and Axalta Coating Systems said shareholders approved their merger, which will remove the AkzoNobel name and Amsterdam listing. A new name is not set. Regulatory clearance is still needed, with closing expected by year end or early next year. The combined firm will be Dutch-structured with dual HQs in Amsterdam and Philadelphia, led by AkzoNobel CEO Greg Poux-Guillaume. AkzoNobel shareholders get 55%, Axalta 45%, with projected €519m annual cost savings and nearly €15bn revenue.