Andretti Acquisition Corp. II (POLE): Entry into a Material Definitive Agreement

NEWS CORP (NWS) filed an SEC Form 8-K — Other Events. +Rule 3.8A Appendix 3C Notification of buy-back Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. *Denotes minimum information required for first lodgement of

Axon Enterprise issued $1.15 billion of 0% Convertible Senior Notes due 2031, including a $150 million over-allotment. The company also bought capped calls for $114.9 million to reduce dilution. Proceeds will fund these calls and general corporate purposes. Axon amended its credit agreement with JPMorgan to align with the new notes.

TotalEnergies partnered with GIP (BlackRock) for African oil and gas assets, receiving $1.8bn capital. Details on specific assets were not disclosed. TotalEnergies also announced the Acacia-5 oil discovery in Angola, expecting 6,000 barrels per day by June 2026. The company operates Block 17 with a 38% interest. Additionally, TotalEnergies signed agreements for new exploration blocks in Angola and a cooperation agreement with Venezuela's PDVSA.

Uber abruptly exited Nigeria in 2026 without prior notice, leaving drivers and passengers stranded. The move, despite Uber's claims of advance communication, highlighted a disconnect between its public statements and user experience. Financial data showed Nigeria's contribution was minimal, at $146 million annually, compared to Uber's global bookings. Uber now focuses on markets with stronger infrastructure, while Nigerian drivers quickly adapted to competitors like Bolt and inDrive.

Skyworks (SWKS) extended its bond swap deadline for Qorvo (QRVO) bonds to September 25. 91.25% of Qorvo's 2029 notes and 93.33% of 2031 notes were tendered by the initial deadline. Skyworks reported Q3 revenue of $935M, above expectations, and guided Q4 revenue to $1.01B-$1.06B. The merger is pending regulatory approvals, with no guaranteed timeline. Skyworks expects $2B in acquisition debt, leading to higher interest expenses and the suspension of quarterly dividends.

Posco Holdings (PKX, 005490.KS) plans to invest KRW 480 billion to build a new automotive steel line in South Korea, increasing its annual production capacity to 4.95 million metric tons by 2028. The project aims to produce lower-carbon steel sheets, supporting demand for larger and greener vehicles. Shares are down 1.86% on the Korean Stock Exchange.