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• SOC shares surged 39.45% intraday to $4.30 as the company priced its previously announced stock and notes offerings.
• The one-for-six reverse split became effective June 29, reducing shares outstanding to approximately 888,592.
• Total operating revenue for the first nine months of fiscal 2026 rose to $3.1 million from $2.4 million a year earlier.
• The company closed a $100 million public offering priced at $18.00 per share on July 1.
• The company signed a non-binding MOU to acquire a controlling stake in Singapore-based semiconductor services firm Ascendze.
• The broader aerospace and defense sector gained momentum following a peer company's strong quarterly earnings report.
• The company's common stock was added to the Russell 3000, Russell 2000 and S&P Global BMI indices.
• The company's ProSense cryoablation system continues to expand into new tumor indications.
• Story Foundation transitioned to The DATA Foundation, launching DATA Network and Trace.
• KARD shares were roughly flat intraday, up 0.13% to $23.88, stabilizing after a 7.92% decline in the prior session.
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