Galaxy Payroll opens at $4.44, IPO priced at $4.00
Initial Public Offering Details: Galaxy Payroll Group, a Hong Kong-based payroll outsourcing and consultancy service provider, has priced its IPO at $4.00 per share for 1.75 million shares, trading on Nasdaq under the ticker "GLXG."
Underwriter Information: R.F. Lafferty served as the sole underwriter for the offering.
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- Successful Financing: High Roller Technologies Inc announced the completion of a registered direct offering of 1.89 million common shares at $13.21 per share, raising approximately $25 million in gross proceeds, significantly enhancing the company's liquidity to support future business expansion.
- Stock Surge: Following this announcement, High Roller’s shares jumped 29.6% to $10.21 in pre-market trading, reflecting strong market confidence in the company's growth potential and likely attracting more investor interest.
- Positive Market Reaction: The successful financing not only improves High Roller’s capital structure but also positions the company to gain a stronger competitive edge in the fiercely competitive online gaming market, aiding in further market share expansion.
- Strategic Growth Outlook: With this financing, High Roller Technologies can accelerate its strategic plans, including technological innovation and market expansion, which is expected to bring long-term growth opportunities and enhance shareholder value.
- CEO Stock Purchase: GameStop CEO Ryan Cohen disclosed the purchase of 500,000 shares at an average price of approximately $21.12 per share in an SEC filing, which not only boosts market confidence but may also enhance investor expectations regarding the company's future growth.
- Stock Price Surge: Following this announcement, GameStop's stock rose 2.6% to $21.65 in pre-market trading, indicating a positive market reaction to the company's strategic direction, potentially attracting more investor interest.
- Market Movements: Pineapple Financial saw a dramatic increase of 175.2% to $2.67 in pre-market trading, reflecting market recognition of its first-quarter gross billings of $4.1 million and revenue of $0.7 million, showcasing its future growth potential.
- Other Stock Performances: Anteris Technologies announced plans for a $200 million public offering, resulting in a 26.4% increase in its stock price to $7.27, indicating a positive market response to its capital expansion plans, which may provide funding support for future growth.

Planet Labs Performance: Planet Labs PBC shares surged 16.4% to $15.15 in pre-market trading after reporting third-quarter revenue of $81.25 million, exceeding analyst expectations, and raising its FY26 sales guidance.
Other Gainers: Several stocks saw significant pre-market gains, including Agape ATP Corporation (+152.3%), WORK Medical Technology Group (+38.4%), and Galaxy Payroll Group (+37.8%).
Notable Losers: Stocks that experienced sharp declines include Kaival Brands (-40%), Beasley Broadcast Group (-35.3%), and Oxford Industries (-25.6%) after reporting disappointing financial results.
Market Overview: The pre-market trading session showed a mix of gains and losses across various stocks, with notable movements influenced by recent earnings reports and guidance updates.

Upcoming Stock Splits: The week of September 8 to September 12 will see several companies implementing stock splits, including both reverse and forward splits, aimed at increasing share affordability or maintaining compliance with Nasdaq listing requirements.
Company Highlights: Notable companies involved include Galaxy Payroll Group and Safe & Green Holdings, both executing reverse stock splits to meet Nasdaq's minimum bid requirements, while HDFC Bank and Diginex are implementing forward splits to enhance investor access and liquidity.
Strategic Partnership Announcement: CURRENC Group Inc. has partnered with Galaxy Payroll Group Limited to develop AI-powered human resources solutions for its "AI Staff for Hire" platform, including an AI HR Manager and AI Recruitment Manager module aimed at enhancing efficiency in HR operations.
CURRENC's Mission and Offerings: The partnership aligns with CURRENC's goal of transforming financial industry operations through AI, as the company provides various AI solutions to improve efficiency and customer satisfaction across financial institutions globally.

Levi Strauss Earnings Report: Levi Strauss & Co. shares surged 10.7% in pre-market trading after reporting better-than-expected first-quarter earnings of 38 cents per share, surpassing the analyst estimate of 28 cents. The company maintained its 2025 guidance while reflecting its Dockers business as discontinued.
Pre-Market Stock Movements: Several stocks experienced significant movements in pre-market trading, with SaverOne 2014 Ltd. and Galaxy Payroll Group Limited rising over 100%, while Karyopharm Therapeutics Inc. and Bluejay Diagnostics, Inc. saw declines of over 45%.







