MINNEAPOLIS — Alex Jeffrey Pretti, a 37-year-old intensive care nurse at the Minneapolis Veterans Affairs Health Care System, became a national figure after his fatal shooting by U.S. Customs and Border Protection officers on January 24, 2026, during an immigration enforcement operation in the city.
Official portrait of Pretti in 2024 (as a registered nurse for the United States Department of Veterans Affairs)
The incident, captured on bystander video and widely shared, sparked outrage, protests and a Department of Justice civil rights investigation. Pretti, a U.S. citizen with no criminal record, was recording federal agents when the confrontation escalated, leading to his death from multiple gunshot wounds. The event unfolded amid heightened federal immigration crackdowns under the Trump administration, which had deployed agents to Minneapolis and other cities.
Pretti’s death — ruled a homicide by the Hennepin County Medical Examiner — drew comparisons to other high-profile cases and prompted apologies from officials, including Sen. Markwayne Mullin, R-Okla., who regretted early comments labeling Pretti a “deranged individual.” As investigations continue, here are five essential facts about the man whose life and death have fueled national debate on federal tactics, policing and civil liberties.
1. Pretti was a dedicated ICU nurse caring for veterans
Pretti worked as a registered nurse in the intensive care unit at the Minneapolis VA hospital, where he was known for his compassion and commitment to patients. Licensed in Minnesota since 2021, he focused on critically ill veterans, often forming deep bonds with those he treated.
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Colleagues described him as kind-hearted, humorous and passionate about his work. “He wanted to be helpful, to help humanity and have a career that was a force of good in the world,” one coworker told reporters. His family emphasized his devotion to service, noting he “cared deeply for the American veterans whom he cared for.” Pretti’s nursing license was active until March 31, 2026, and he had previously contributed to medical research at the University of Minnesota on topics including infection treatment and cancer therapies.
2. He grew up in Green Bay, Wisconsin, with a well-rounded youth
Born in 1988 in Park Ridge, Illinois, Pretti spent much of his childhood in Green Bay, Wisconsin, graduating from Preble High School in 2006. He was active in sports — playing football, baseball and running track — and participated in the Green Bay Boy Choir, Boy Scouts and theater programs, including musicals with the Preble Players.
Friends recalled him as quick to smile, someone who made others feel included. A childhood choir friend described hearing Pretti sing from his open bedroom window, highlighting his vocal talent. After high school, he attended the University of Minnesota, earning a bachelor’s degree in biology, society and the environment in 2011. He worked as a research scientist before pursuing nursing.
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3. Pretti was an avid outdoorsman and animal lover
Outside work, Pretti enjoyed adventure and nature, often hiking, mountain biking and exploring with his Catahoula Leopard dog, Joule, who had recently passed away. Family members described him as someone who sought outdoor experiences to recharge.
His lifestyle reflected a grounded, community-oriented personality, with no prior law enforcement interactions beyond minor traffic tickets. He lived in Minneapolis’ Lyndale neighborhood, known for its diversity, and had begun documenting federal immigration activities in the area out of concern for community impact.
4. His death occurred during a protest against federal immigration enforcement
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Pretti had recently started observing and recording federal agents amid operations that disrupted neighborhoods, closed schools and led to the January 7 death of Renee Good, another U.S. citizen killed by agents. On January 24, he was filming near 26th Street and Nicollet Avenue when agents attempted an arrest unrelated to him.
Bystander videos show Pretti directing traffic, helping a fallen bystander and being sprayed with a chemical agent before being tackled. Agents confiscated his legally permitted, secured handgun, and multiple shots were fired — up to 10 in seconds, per forensic analysis. DHS initially labeled him a threat, but videos contradicted early narratives, sparking backlash.
5. Pretti’s killing sparked investigations, protests and political fallout
The incident triggered a DOJ civil rights probe into the shooting, separate from the Good case. Protests erupted nationwide under “ICE Out of Everywhere” banners, with mourners gathering at the site. Pretti’s family urged truth-seeking, calling him “a good man” who cared about people.
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Sen. Mullin apologized for premature remarks during a March 18 confirmation hearing, saying he “went out there too fast.” The case became a tipping point in debates over federal tactics in sanctuary cities, galvanizing opposition and prompting administration retreats in some enforcement areas.
Pretti’s legacy endures through tributes highlighting his service, kindness and final act of standing up for others. As inquiries proceed, his story continues shaping discussions on accountability, immigration policy and the human cost of enforcement.
Cryptocurrency exchange Kraken has put its multibillion-dollar initial public offering plan on hold, CoinDesk reported on Wednesday, citing two people with knowledge of the matter
The company is still weighing an IPO, but is unlikely to move ahead until market conditions improve, according to the report.
The company confidentially filed for a U.S. IPO in November 2025. Kraken was set to go public in the first quarter of 2026.
Initially focused on crypto, the company has expanded across asset classes in recent months, including equities with the rollout of commission-free trading.
Iran certainly is not a forever war as President Trump has said many times. Indeed, Mr. Trump is “ending” Iran’s forever war against the United States. Yet now it looks like the Fed chairman, Jay Powell, wants to be the Fed’s first forever board member. Telling a press conference that he will remain on the Federal Reserve’s board of governors until the investigation is “well and truly over.” Whatever that means.
This is unwelcome news to stock markets, as the Dow fell by more than 700 points, to a new 2026 low. It fell about 300 points after Mr. Powell made his forever board member comment. All the indexes were down today. Bond rates went up. As did oil prices.
Actually, the Fed’s dot plot of economic projections suggested only one projected rate cut this year instead of three before the war began. They also suggested higher inflation and a slight rise in growth.
What you really want is for the Fed to just keep its powder dry, as the Iran war winds down and oil prices move back to pre-war normalcy. Yet it seems like the Fed is already signaling a higher interest rate policy, which would do some damage to the American economy.
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That’s one reason why it’s crucial that Mr. Trump’s nominee for Fed chairman, Kevin Warsh, be liberated as rapidly as possible to take over the central bank’s helm and get rid of the Fed models that say stronger growth leads to higher inflation. I’m calling it #FreeKevin.
And have someone who understands the economic growth benefits of lower tax rates, deregulation, and drill baby drill, which is a prosperity prescription that would raise growth and reduce inflation. And protect King Dollar.
Yet in order to liberate Mr. Warsh, it seems like the Justice Department has got to settle its disagreement with the Federal Reserve. Otherwise, Mr. Warsh will never get through the Senate Banking Committee, even though they love him, and Mr. Powell will stay at the Fed forever.
He might even be somehow voted to stay on as chairman by the Fed’s policy-setting body, the Open Market Committee, which really always leans against Mr. Trump. Or Steven Miran would have to give up his board seat to make room for Mr. Warsh’s board appointment, but not necessarily as the chairman. If you think this is a confusing and bizarre scenario, you would be right.
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I believe that post-war American growth potential is around 5 percent. And as energy prices normalize, the inflation rate will drop below 2 percent. By the way, on inflation, a measure of the money supply, M2, is growing at 3.5 percent, not President Biden’s 30 percent.
Government spending has slowed down. And the dollar’s been rising. Those are all counter-inflationary moves. The Jay Powell Fed only sees a measly 2 percent economic growth. That’s what their models tell, but it’s garbage in, garbage out. Please will someone liberate Mr. Kevin Warsh? #FreeKevin.
Sydney — As Australia intensifies its push toward net-zero emissions and circular economy practices in 2026, a growing number of businesses are setting benchmarks for environmental responsibility. From innovative startups tackling waste and energy challenges to established firms embedding sustainability into core operations, these companies demonstrate that profitability and planetary health can align.
Recent reports, including the Corporate Knights Global 100 ranking and World Benchmarking Alliance assessments, highlight Australian leaders in areas like waste management, renewable energy and low-impact manufacturing. B Corp certification, now held by over 740 companies across Australia and New Zealand, provides a rigorous measure of social and environmental performance. Here are 10 standout eco-friendly companies making significant impacts in 2026.
Brambles Ltd
Brambles Ltd The global supply-chain solutions provider, headquartered in Sydney, ranks among the world’s most sustainable corporations in the 2026 Corporate Knights Global 100. Brambles, parent of CHEP pallet pooling, excels in circular economy models that reuse and recycle wooden pallets, reducing deforestation and waste. Its near-perfect scores in sustainability metrics reflect strong governance, low emissions intensity and resource efficiency, positioning it as a leader in sustainable logistics.
Sims Ltd A Melbourne-based recycling giant, Sims secured a high placement in the 2026 Global 100 for its waste management expertise. The company processes millions of tons of metal, electronics and other materials annually, diverting waste from landfills and recovering valuable resources. Sims’ focus on circularity, emissions reduction and ethical sourcing earns it consistent A- ratings, making it a cornerstone of Australia’s resource recovery sector.
Hysata This Wollongong startup is pioneering green hydrogen production with capillary-fed electrolyser technology that promises higher efficiency and lower costs than traditional methods. Recognized among top sustainability innovators, Hysata’s advancements support Australia’s hydrogen export ambitions and domestic decarbonization, attracting significant investment and positioning the company as a frontrunner in clean energy transition.
Bygen Based in Adelaide, Bygen transforms agricultural waste like nut shells into high-value activated carbon for water filtration and air purification. The process sequesters carbon while addressing pollution, exemplifying innovative waste-to-resource solutions. As a highlighted sustainability startup, Bygen contributes to reducing industrial emissions and promoting bio-based materials in 2026.
Gaia EnviroTech Operating from Victoria, Gaia converts organic waste into renewable energy and bio-fertilizers through advanced anaerobic digestion. Its systems help businesses manage food and agricultural waste sustainably, cutting methane emissions and generating clean biogas. The company’s waste-to-energy approach aligns with national circular economy goals and supports local decarbonization efforts.
Yume This Melbourne-based platform combats food waste by connecting surplus food from manufacturers and retailers to charities and businesses. Yume’s digital marketplace has redistributed millions of meals, reducing landfill contributions and addressing food insecurity. Its scalable model earns praise as a practical solution to one of Australia’s major environmental and social challenges.
Who Gives A Crap The toilet paper company, founded in Melbourne, uses 100% recycled or bamboo materials and donates 50% of profits to sanitation projects. Certified B Corp status underscores its commitment to ethical sourcing, plastic-free packaging and carbon-neutral operations. In 2026, it continues expanding sustainable consumer goods while supporting global hygiene initiatives.
Returnr A reusable packaging pioneer, Returnr offers deposit-return systems for food containers and coffee cups, eliminating single-use plastics in cafes and events. The company’s closed-loop model reduces waste and encourages consumer behavior change. Featured in sustainability roundups, Returnr exemplifies practical steps toward a zero-waste economy.
Australian Ethical Investment As one of Australia’s first publicly listed B Corps, this Canberra-based firm manages funds focused exclusively on positive-impact investments. It avoids fossil fuels and prioritizes renewables, ethical labor and environmental stewardship. Its influence shapes capital flows toward sustainable projects, amplifying eco-friendly business growth nationwide.
Outland Denim The Queensland fashion brand produces sustainable jeans using eco-friendly materials and fair labor practices. Certified B Corp, Outland emphasizes low-water denim production and ethical supply chains. Its “cycle of freedom” mission combines environmental care with social impact, inspiring sustainable fashion in Australia.
These companies reflect broader trends in 2026: stronger governance linking executive pay to sustainability targets, rising climate transition planning and innovation in green technologies. While mining and energy sectors face scrutiny, leaders like Brambles and Sims show resource-intensive industries can achieve high sustainability standards. Startups such as Hysata and Bygen drive breakthroughs in clean energy and waste valorization.
Government policies, including enhanced emissions reporting and incentives for renewables, support this momentum. Investor expectations and regulatory pressure push more firms toward credible action. As Australia navigates its nature-dependent economy, these eco-friendly trailblazers offer models for balancing growth with environmental stewardship.
Los Angeles — Australian actress Samara Weaving, 34, continues her ascent in Hollywood with a string of high-profile roles, including a highly anticipated horror sequel and an upcoming action-comedy thriller. Known for her fearless performances in genre films, Weaving has solidified her status as a modern scream queen while embracing personal milestones, including her first pregnancy announced in late 2025. As she promotes two major projects premiering in early 2026, here are 10 key things to know about the versatile performer.
Samara Weaving
Born in Adelaide, Raised Globally Weaving was born Feb. 23, 1992, in Adelaide, South Australia. Her family moved frequently during her childhood, living in Singapore, Fiji, Indonesia and Australia due to her father’s diplomatic career. This nomadic upbringing exposed her to diverse cultures early on, shaping her adaptability and global perspective — traits that serve her well in an international film industry.
Early Breakthrough in Australian Television Weaving launched her career in Australia with roles in popular series. She gained recognition for her work on the long-running soap opera “Home and Away” (2009-2013), where she played Indi Walker. The part showcased her dramatic range and helped her transition from local TV to international projects, laying the foundation for her move to Hollywood.
Breakout Horror Role in ‘The Babysitter’ Weaving’s U.S. breakthrough came with the 2017 Netflix horror-comedy “The Babysitter,” directed by McG. Her portrayal of the villainous Bee solidified her genre credentials. The film’s success led to a sequel in 2020, establishing her as a go-to actress for dark, comedic horror roles that blend gore with sharp wit.
Iconic Performance in ‘Ready or Not’ Weaving achieved widespread acclaim in 2019’s “Ready or Not,” playing Grace, a bride thrust into a deadly game of hide-and-seek with her in-laws. The film’s blend of satire, suspense and blood-soaked action made it a cult favorite. Weaving’s physical commitment and ability to convey both vulnerability and ferocity earned her praise as a standout scream queen.
Reprising Grace in ‘Ready or Not 2: Here I Come’ In 2026, Weaving returns as Grace in “Ready or Not 2: Here I Come,” directed by Matt Bettinelli-Olpin and Tyler Gillett (Radio Silence). The sequel premiered at SXSW in March 2026, with Weaving reuniting with co-stars including Elijah Wood, Sarah Michelle Gellar and Kathryn Newton. Despite being heavily pregnant, she attended a Los Angeles screening on March 16, 2026, at AMC The Grove, baring her baby bump in a peekaboo dress and reuniting with Margot Robbie.
Starring in SXSW Double-Feature Weaving headlined a gory double-feature at SXSW 2026 with “Ready or Not 2” and “Over Your Dead Body,” an action-comedy thriller directed by Jorma Taccone. The latter, a remake of the Norwegian film “The Trip,” co-stars Jason Segel and follows a couple’s romantic getaway that turns murderous. Weaving joined the SXSW premiere via FaceTime and cutout due to her pregnancy, but her involvement underscores her commitment to bold, genre-blending projects.
Upcoming Crime Romance ‘Carolina Caroline’ Weaving stars in “Carolina Caroline,” a crime romance set to premiere June 5, 2026. The film pairs her with Kyle Gallner and Kyra Sedgwick, promising a shift toward more dramatic territory while maintaining her edge in intense storytelling.
Personal Life: Married to Jimmy Warden Weaving married screenwriter and director Jimmy Warden in 2019. The couple met on the set of “The Babysitter: Killer Queen” and have collaborated professionally. Warden’s creative influence appears in her career choices, blending her horror roots with varied genres.
Expecting First Child In late 2025, Weaving announced she is expecting her first child with Warden. The pregnancy has been highly visible in 2026 promotions, including a March ELLE Australia cover featuring an intimate, at-home photoshoot in white lace. Weaving has shared glimpses of her relaxed energy during this time, balancing motherhood preparations with a busy filming schedule.
Embracing Genre Versatility and Future Aspirations Despite her horror reputation, Weaving has expressed interest in branching out. In a March 2026 Deadline interview, she described herself as a “scaredy-cat” growing up but now thrives in intense roles. She harbors “quiet dreams” of improv comedy and lighter projects. Her executive producer credit on “Ready or Not 2” signals growing involvement behind the camera, hinting at expanded creative control in future endeavors.
Weaving’s 2026 marks a pivotal year: major releases, personal joy and continued genre dominance. With her blend of physicality, charisma and range, she remains one of Hollywood’s most compelling rising stars, poised for even greater impact as she navigates motherhood and an evolving career.
HeartFlow, Inc. (HTFL) Q4 2025 Earnings Call March 18, 2026 4:30 PM EDT
Company Participants
Nicholas Laudico – Vice President of Investor Relations John Farquhar – President, CEO & Director Vikram Verghese – Chief Financial Officer
Conference Call Participants
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Robert Marcus – JPMorgan Chase & Co, Research Division William Plovanic – Canaccord Genuity Corp., Research Division Matthew O’Brien – Piper Sandler & Co., Research Division
Presentation
Operator
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Good day, everyone, and welcome to HeartFlow Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded. I would now like to turn the conference over to the Vice President of Investor Relations, Nic Laudico. Please proceed.
Nicholas Laudico Vice President of Investor Relations
Good afternoon, everyone, and welcome to the HeartFlow Fourth Quarter 2025 Earnings Conference Call. Joining me today are John Farquhar, Heartflow’s President and Chief Executive Officer; and Vikram Verghese, our Chief Financial Officer. Today, we will walk you through our Q4 and 2025 performance, share updates on our commercial momentum, innovation pipeline and clinical programs and provide financial guidance. A live Q&A session will follow. The earnings release accompanying today’s discussion is available on our Investor Relations website at ir.heartflow.com.
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During this call, we will refer to certain non-GAAP financial measures. Reconciliations to the most comparable GAAP figures can be found in today’s earnings release. I’d like to remind everyone that certain statements made on this call are forward-looking within the meaning of federal securities laws. These statements are based on management’s current expectations and beliefs, involve risks and uncertainties, and actual results may differ materially. Please note that both this live call and a digital replay will be available shortly after the call concludes. With that, I will now turn the call over to John Farquhar, CEO.
Hello, and welcome to the Usio’s Fourth Quarter and Fiscal Year 2025 Earnings Conference Call.
[Operator Instructions]
Please note, today’s event is being recorded. I would now like to turn the conference over to your host, Mr. Paul Manley. Please go ahead, sir.
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Paul Manley Senior Vice President of Investor Relations
Thank you, operator. Good afternoon, and welcome to Usio’s Fourth Quarter and Fiscal 2025 Conference Call. The earnings release, which we issued today after the market close, is available on our website at usio.com under the Investor Relations tab. On this call with me today are Louis Hoch, our Chairman and CEO; and Greg Carter, Executive Vice President of Payment Acceptance and our Chief Revenue Officer; Michael White, Senior Vice President and Chief Accounting Officer; and Jerry Uffner, Head of Card Issuing, will also be available during the question-and-answer session.
Let me remind our listeners that certain statements made today during the call constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities and Litigation Act of 1995 as amended and as more fully discussed in our press release and in our filings with the SEC.
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So let me start off today’s call with some highlights from this afternoon’s release. It was a solid quarter, in line with our
Social media sensation Alix Earle turned heads at the 2026 Vanity Fair Oscars after-party on March 15, stepping out solo in a vintage Bob Mackie gown and candidly telling Entertainment Tonight she was open to “maybe getting someone’s number.” The 25-year-old influencer, fresh off a high-profile split and swirling dating rumors, used the red-carpet moment to signal a new chapter of independence — one that aligns with her expanding empire of podcasts, brand investments and a forthcoming Netflix reality series. As her “Alix Earle effect” continues to drive sell-outs and her follower count tops 8.3 million on TikTok, here are 10 must-know facts about the New Jersey native dominating 2026 headlines.
Alix Earle
Born December 16, 2000, in Monmouth County, New Jersey Earle, now 25, grew up in Wall Township as the daughter of construction magnate Thomas “TJ” Earle and Alisa Maniaci, who is of Italian descent. Her childhood included the high-profile 2008 scandal involving her father’s affair with Ashley Alexandra Dupré, leading to her parents’ 2013 divorce and her father’s subsequent marriage to Dupré. Earle has a younger sister, Ashtin, and three half-siblings from her father’s second marriage — a blended family dynamic she has openly discussed in content.
Rose to Fame With Relatable GRWM Videos on TikTok Launching her account in February 2020 as a University of Miami freshman, Earle first posted lighthearted outfit videos before pivoting to candid “Get Ready With Me” (GRWM) routines. She shares makeup tips alongside raw glimpses into her life, from acne struggles to daily chaos. The authenticity sparked massive growth, earning her the nickname “GRWM queen” and the “Alix Earle effect,” where endorsed products sell out within hours.
University of Miami Marketing Graduate and Scholarship Founder Earle completed her BBA in marketing at the University of Miami in May 2023. Upon graduating, she established the Alix Earle Scholarship at the Herbert Business School. Early internships at her family’s construction firm honed her marketing skills, which she now applies to her own brand deals and media ventures.
Hosts the Popular ‘Hot Mess’ Podcast and Expanding Media Company In September 2023, Earle launched “Hot Mess with Alix Earle” under Alexandra Cooper’s Unwell Network. She has since grown the show into Hot Mess Media, using it to discuss everything from mental health to industry insights. Episodes often tie into her signature unfiltered style, helping her build a loyal community beyond TikTok.
Dancing With the Stars Season 34 Runner-Up in 2025 Earle competed on ABC’s “Dancing With the Stars” Season 34, paired with Valentin Chmerkovskiy. She reached the finale and finished second behind Robert Irwin, delivering memorable routines including a high-scoring freestyle. She later reflected on the experience as a confidence booster, crediting her grandmother’s influence for her lifelong love of the show.
Strategic Investor in Brands Like GORGIE and SipMargs In December 2025, Earle became a strategic investor and partner for clean energy drink GORGIE. Earlier that year she invested in SipMargs canned cocktails. These moves reflect her evolution from influencer to savvy businesswoman, with deals reportedly reaching six figures and leveraging her ability to move product.
Netflix Reality Series About Her Family Set for 2026 Release In January 2026, Netflix announced a docuseries following Earle, her sister Ashtin and their “modern family” of friends. Executive produced by Fulwell Entertainment and others, the show promises an unfiltered look at post-college life. Earle told Variety she is “a little scared” about ceding control but hopes it helps fans feel less alone.
Public Split From NFL Player Braxton Berrios in December 2025 Earle dated Houston Texans wide receiver Braxton Berrios for roughly two years after confirming the relationship in November 2023. The pair split in December 2025. She has since addressed public fascination with her dating life, telling Entertainment Tonight at the 2026 Oscars party she is focused on meeting new people rather than chasing selfies.
Linked to Tom Brady Rumors After Super Bowl 2026 Weekend Following her breakup, Earle was spotted partying with Tom Brady at the 2026 Super Bowl in February, including at the Raising Cane’s event in San Francisco. She later called the weekend “fun” in a People interview but downplayed romance rumors, emphasizing her push toward independence and solo travel in 2026.
Embracing New Looks, Goals and Hollywood Moments in 2026 Earle debuted wispy bangs during Paris Haute Couture Fashion Week in January 2026 and shared a viral TikTok about visiting Harvard Business School with friends. At the Vanity Fair Oscars party, she fixed a wardrobe malfunction on her red beaded gown with a knife and openly manifested meeting someone new. Her stated 2026 goals include prioritizing independence, standing her ground in the industry and building deeper connections — themes echoed in recent content.
With a TIME100 Creators nod in 2025 and continued Forbes 30 Under 30 recognition, Earle has transitioned from college student to multimedia force. Her willingness to share vulnerabilities — anxiety medication, body image struggles and now post-breakup growth — resonates with millions. As her Netflix project films and brand portfolio expands, the influencer shows no signs of slowing down. Whether fixing gowns with improvised tools or investing in the next big thing, Alix Earle embodies the messy, magnetic energy of Gen Z entrepreneurship in 2026.
Central Mine Planning and Design Institute (CMPDIL), an arm of state-owned Coal India, on Wednesday said it has mobilised Rs 470 crore from anchor investors, ahead of its initial share-sale opening for public subscription.
Life Insurance Corporation (LIC), Nippon India Mutual Fund (MF), Edelweiss MF, ICICI Prudential MF, Baring Private Equity India Fund, General Insurance Corporation of India and Edelweiss Life Insurance Corporation are among the anchor investors, according to a circular uploaded on BSE’s website.
Also, Societe Generale, Citigroup, Goldman Sachs and BNP Paribas Financial Markets participated in the anchor round.
As per the circular, the state-owned firm allotted 2.73 crore equity shares to 22 funds at Rs 172 per piece, aggregating the transaction size to Rs 469.74 crore.
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Of these funds, LIC has been allocated shares to the tune of Rs 105 crore.
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CMPDIL’s Rs 1,842-crore initial public offering (IPO) will open for subscription on March 20 and conclude on March 24. The price band has been fixed at Rs 163 to Rs 172 per share, valuing the company at around Rs 12,280 crore at the higher end, the company announced.The issue will be entirely an offer for sale (OFS) of 10.71 crore shares, worth Rs 1,842.12 crore at the upper end, by Coal India, with no fresh issue component.
CMPDIL was incorporated in 1975 as a wholly-owned subsidiary of Coal India.
It offers consultancy and support services for the entire spectrum of coal and mineral exploration, as well as mine planning and design services.
Its services also include infrastructure engineering, environmental management, geomatics, specialized technology services, and management systems, primarily for the coal industry and other minerals.
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Its revenue from operations was Rs 2,103 crore and net profit at Rs 667 crore during FY25. The company said that half of the issue size has been reserved for qualified institutional buyers, 35 per cent for retail investors and the remaining 15 per cent for non-institutional buyers.
The state-owned firm will make its stock market debut on March 30.
IDBI Capital Markets and Securities and SBI Capital Markets are the book-running lead managers for the public issue.
Earlier, Bharat Coking Coal (BCCL), another subsidiary of Coal India, came out with its Rs 1,071-crore IPO in January.
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