DSS, Inc.'s Subsidiary, Impact BioMedical Inc., Announces Strategic Merger - DSS (AMEX:DSS)

DSS, Inc. (NYSE American: DSS) said it has withdrawn its previously filed Form S-1 registration statement with the SEC. The company attributed the decision to a review of current market conditions and deal terms, concluding the offering would not reflect its view of shareholder value. DSS said it will keep evaluating financing options and noted no change in business outlook.

Five Star Bancorp (FSBC) appointed Lydia Ramirez as EVP and Chief External Affairs Officer to align community commitments with client service and expansion in California. Analysts expect $296.8M revenue and $104.0M earnings by 2029, with a 21.0% yearly revenue growth rate. The bank's expansion into new markets raises execution risks but also growth potential, particularly in loan and deposit growth.

Boeing and Turkish Airlines finalized an order for up to 150 737 MAX jets, including 100 firm orders and 50 options. The deal supports Turkish Airlines' expansion goals, with the airline's chairman citing improved efficiency and flexibility. This follows a 2025 order for up to 75 787 Dreamliners. Boeing's CEO highlighted the long-standing partnership.

Salesforce expanded its partnership with Live Nation to provide 24/7 fan support across U.S. venues, following a successful AI trial at BottleRock. Live Nation's Venue Agent resolved 95% of queries without human intervention. Salesforce also reported 80% year-on-year revenue growth in its public sector business, with Missionforce supporting over 30 countries and U.S. agencies. New AI tools and partnerships with OpenAI and NVIDIA were announced to enhance government cloud services.

Wipro Infrastructure Engineering (WIN) appointed Karthik Krishnamurthy as Global CEO of Wipro Aerospace. He previously served as COO at Mahindra Aerospace, bringing over a decade of aerospace operations experience. Krishnamurthy will lead global operations and strengthen Wipro's aerospace sector presence, according to the company.

Yotta Data Services, an Indian AI cloud-service provider, plans to order 80,000 GPUs from Nvidia, totaling $12 billion. The company, with $108 million in FY25 revenue and $1.1 billion in net debt, aims to join Nvidia's AI Compute Partnership for revenue guarantees. Yotta plans a Q1 FY28 IPO to raise $1.5 billion, with additional funding from HNIs, family offices, and Mubadala. AM Intelligence also ordered 9,000 Vera Rubin chips for $1.5 billion, funded by Japanese bank loans.