Techlott Signs Definitive Five-Year Platform Agreement with The Gambia’s Exclusive Lottery and Gaming License Holder

Tata Group shares fell after N. Chandrasekaran said he would not seek reappointment as chairman of Tata Sons. The 17 listed Tata companies’ combined market cap dropped Rs 68,119 crore to Rs 26.32 lakh crore. TCS lost Rs 42,440 crore (shares down 4.79% to Rs 2,323.30), with Titan, Tata Motors PV and Tata Steel also declining.

BioMarin (NASDAQ:BMRN) said it expects to reach a leverage ratio below 2.5x about a year earlier than planned, targeting mid-next year. It estimates peak revenues of $1.4B for Galafold and $1.2B for Pombiliti/Opfolda in the mid-to-late 2030s, plus synergies about 50% of Amicus legacy costs. BioMarin raised VOXZOGO revenue guidance to at least $1B and reported 14% Q1 growth.

AbCellera Biologics (ABCL) said it started an underwritten public offering of $200 million of common shares and pre-funded warrants. The company plans to use net proceeds for continued R&D and clinical progress of ABCL635, plus working capital. It also reported ABCL635 met primary Phase 2 efficacy endpoints for menopausal vasomotor symptoms. ABCL shares fell after the announcement.

Bank of America said it will deploy $250 billion by July 2027 under its “Critical Infrastructure Finance Initiative” to finance U.S. digital and infrastructure projects. The bank plans primary lending, investments, capital markets services, and advisory across digital infrastructure, energy and power, and core infrastructure. It said the target is measured from Jan 1, 2026 to July 4, 2027.

Aptevo Therapeutics (NASDAQ:APVO) said it will induce holders to exercise existing common warrants for cash at a $4.03 exercise price, issuing inducement warrants for up to 1,274,610 shares. Separately, it plans a PIPE selling up to 861,708 shares (or pre-funded warrants) plus common warrants for up to 4,308,540 shares, also at $4.03. Gross proceeds total about $4.5 million, for working capital.

General Motors said in a regulatory filing that it set up a $4.5 billion supply-chain prepayment facility with Procura Auto Parts LLC. Procura will prepay GM suppliers for inventory, funded by a bank syndicate including JPMorgan Chase and Banco Santander. GM will repay via irrevocable payment undertakings after inventory is used, no later than Aug. 6, 2029.