Lion Announces Plan to Implement ADS Ratio Change

Lion Group Holding Ltd. (Nasdaq: LGHL) said it entered a non-binding memorandum of understanding with U.S.-headquartered Aquila Hash, Inc. to acquire 100% of its shares. The deal terms will be set in future definitive agreements, subject to due diligence and customary closing conditions. Aquila Hash develops and operates AI factories, GPU cloud platforms, and related infrastructure services.

Lion Group Holding Ltd. (NASDAQ: LGHL) said it signed a non-binding memorandum of understanding with U.S.-headquartered Aquila Hash, Inc. to acquire 100% of Aquila Hash’s shares. The deal terms are to be set in definitive agreements, subject to due diligence and customary closing conditions. Aquila Hash develops and operates AI Factories and GPU cloud infrastructure.

Elevra Lithium Ltd (ASX:ELV) outlined its growth strategy for North American Lithium (NAL) in Quebec, targeting 373,000 tonnes of spodumene concentrate annually. FY26 production was 197,967 tonnes, with revenue of US$202 million. The company plans a three-stage expansion, with initial capital expenditure of US$271 million. FY27 production guidance is 198,000 to 210,000 tonnes.

Chevron (CVX) plans to invest $7 billion in Venezuela over five years to double oil production to 600,000 barrels per day, adding areas in the Orinoco Belt to its joint venture with PDVSA. The move leverages Chevron's existing presence and aims for low-cost growth, despite political and regulatory risks. Venezuela holds the world's largest crude oil reserves but faces infrastructure challenges.

Lululemon founder Chip Wilson, estimated to have a $6.1B fortune, is divorcing his wife of 20 years without a prenuptial agreement. Under British Columbia law, their assets, including Wilson's 8.6% stake in Lululemon and 18% stake in Amer Sports, could be divided equally. The divorce may impact Lululemon's share price and market volatility, with analysts watching closely.

Atmos Energy (ATO) will raise customer rates in Frisco starting October 1, following a negotiated settlement with the Atmos Cities Steering Committee. The settlement allows for $260.5M in additional revenue, resulting in a 14.15% increase for residential customers and a 9.9% increase for commercial customers.