Mediaco Holding Inc. (MDIA): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

MediaCo Holding Inc. (NASDAQ:MDIA) saw a sharp May decline in short interest, falling 76.4% to 10,823 shares as of May 15 from 45,949 on April 30, with a short-interest ratio of 0.3 days. The article also says Citadel Advisors bought 32,354 shares (~$41,000) in Q3, per an SEC filing. MediaCo reported quarterly EPS of -$0.11 on revenue of $31.39M.

Etsy said it will cut headcount to about 1,600, with roughly $35 million in restructuring charges, largely severance and benefits, expected to finish by end of Q3 2026, according to a shareholder letter and earnings call. The company closed Depop sale to eBay for about $1.4B cash, has $1.3B cash as of June 30, and approved a $2B buyback. Q3 marketplace sales guidance is $2.53B-$2.58B and adjusted EBITDA margin 29%-30%.

Australia’s Federal and NSW governments agreed on a $2.5 billion package to keep Rio Tinto’s Tomago aluminium smelter operating. Rio Tinto said it would shut the Hunter Valley smelter at end-2028 without an affordable electricity deal. The deal includes up to $1.225 billion from NSW, supports new power generation (including Snowy Hydro), and runs to 2039 with profit sharing tied to sustained high aluminium prices.

Beyond Meat (BYND) announced a 1-for-30 reverse stock split to regain Nasdaq compliance with the $1 minimum bid requirement. Nasdaq delisting risk arises if shares trade below $1 for 30 days. BYND shares were about 41 cents and fell nearly 20% after the news. The split is expected to be effective Aug. 13, with adjusted trading Aug. 14.

Fermi, an AI nuclear power company, named Lee McIntire as CEO more than three months after firing co-founder Toby Neugebauer. Fermi said McIntire previously led CH2M Hill and TerraPower. The firm is developing Project Matador in Amarillo, Texas, and said it signed TensorWave as its first binding customer lease. Fermi stock rose nearly 23% since Monday.

Nvidia said it plans to raise about $500 billion to finance AI infrastructure buildouts with six North American investment firms: Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR. The firms may use GPU securitizations to spread exposure across investors. Nvidia may provide residual-value support of up to 25%, according to the company.