Lite Strategy Appoints Justin File as Permanent CEO
CEO Appointment: Lite Strategy's Board has approved the election of acting CEO Justin File as the permanent CEO, effective immediately.
Board Membership: Justin File has also been appointed as a member of the Board, with his term subject to election at the 2026 Annual Meeting of Stockholders.
Continued Roles: In addition to his new role as CEO, File will continue to serve as the company's CFO and Secretary.
Tenure Conditions: File's tenure on the Board will last until his successor is elected or he resigns or is removed.
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Davis Commodities Reports $95M Revenue in H1, Up 42.1%
- Significant Revenue Growth: Davis Commodities Ltd reported a revenue of $95 million for the first half ending June 30, marking a 42.1% increase from $66.9 million a year earlier, indicating strong performance in the agricultural commodity trading sector and boosting market confidence.
- Stock Price Surge: Following the earnings report, Davis Commodities' shares jumped 5.6% to $0.25 in pre-market trading, reflecting investor optimism regarding the company's future growth potential.
- Positive Market Reaction: The stock price increase post-earnings release indicates market recognition of Davis Commodities' performance, which may attract more investor interest and further drive the stock price upward.
- Optimistic Industry Outlook: With the ongoing demand for agricultural commodities, the strong earnings report not only enhances Davis Commodities' market position but also potentially provides funding for future expansion and investments.

Lite Strategy Unveils $25 Million Stock Buyback Initiative
Share Repurchase Program Announcement: Lite Strategy, Inc. (LITS) has authorized a share repurchase program for up to $25 million of its common stock.
Immediate Effectiveness: The repurchase program is effective immediately and allows for shares to be bought back in the open market or through negotiated transactions.






