AG真人官方

Viatris Inc. (NASDAQ: VTRS) filed an 8-K announcing a governance change. On 4 Aug 2025 the Board expanded from 14 to 15 seats and appointed David Simmons as an independent director, effective immediately. His initial term runs until the 2025 annual meeting of shareholders. The Board has not yet assigned him to any committees; an amended 8-K will be filed once those committee appointments are finalized.

Mr. Simmons will receive the standard cash and equity compensation provided to Viatris鈥� other non-employee directors, and the Company has executed its customary indemnification agreement with him (form previously filed as Exhibit 10.25 to the 2020 Form 10-K). Management states that there are no arrangements or related-party transactions requiring disclosure under Item 404(a) of Regulation S-K.

A press release dated 5 Aug 2025 announcing the appointment is furnished as Exhibit 99.1 under Item 7.01 and is expressly deemed not filed for liability purposes. No financial statements accompany this report.

Kiniksa Pharmaceuticals International, plc (KNSA) has filed a Form 144 to notify the SEC of an intended insider sale.

• Shares to be sold: 64,508 common shares
• Aggregate market value: $1,928,595.68
• Approximate sale date: 07/30/2025
• Broker: Morgan Stanley Smith Barney LLC, New York
• Shares outstanding: 74,107,668

The shares were acquired the same day (07/30/2025) through the exercise of employee stock options under a registered plan and will be sold for cash. No other sales by this insider were reported in the past three months.

The proposed disposition equals roughly 0.09% of total shares outstanding, indicating a modest, routine-sized transaction rather than a large liquidation. The filer attests to having no undisclosed material adverse information and confirms compliance with Rule 10b5-1.

LiveOne, Inc. (NASDAQ: LVO) has filed its Form 10-K for the fiscal year ended March 31 2025. The filing describes a multi-faceted media company built around four core operations: (1) the LiveOne live music streaming platform, (2) the Slacker audio membership service, (3) PodcastOne, and (4) Custom Personalization Solutions (CPS) for merchandising. Management groups PodcastOne and Slacker into an Audio Group, while all other units form the Media Group.

Business scale & reach

• PodcastOne distributes more than 300 episodes weekly across 200 exclusive shows, reaching over 1 billion monthly listeners and generating 204 million downloads in FY 2025.
• Slacker powers both the consumer LiveOne app and numerous OEM integrations (e.g., Tesla, Verizon, T-Mobile). One single OEM customer represented 鈮�45 % of consolidated FY 2025 revenue.
• LiveOne owns or has pending 46 patents related to streaming technology and holds 25+ trademarks.

Revenue model: income is derived from (i) membership subscriptions (~50 % of FY25 revenue), (ii) advertising and sponsorships tied to music, livestreams and podcasts, (iii) pay-per-view events, and (iv) e-commerce merchandising via CPS.

Strategic initiatives

• Continued expansion of proprietary CMS and analytics to improve ad targeting and creator reporting.
• Launch of PodcastOne TV FAST channel and Adori visual podcast integration to open incremental video ad inventory.
• Growth of a pay-per-view platform for digital-only concerts, introduced during the COVID-19 period.
• Regular production of in-house franchises such as Music Lives, Self Made and the Breakout Awards.

Risks & controls

• The report contains a going-concern warning; ongoing operations depend on additional capital or financing.
• Significant customer concentration (one OEM at 45 %/51 % of revenue in FY25/FY24).
• No auditor attestation of internal control over financial reporting (non-accelerated filer exemption).
• LiveOne is not classified as a shell company; 97.1 million common shares were outstanding on 11 July 2025; public float value at 30 Sep 2024 was 鈮�$73 million.

Human capital: 113 employees at year-end with benefit programs (health, 401(k), EAP) and diversity initiatives. Remote-work flexibility adopted during COVID-19.

Regulatory landscape: the company licenses music through BMI, ASCAP, SoundExchange and operates under the Music Modernization Act. It notes compliance with FCPA, privacy regulations and multiple copyright regimes.

Forward look: management intends to combine live events, audio streaming and merchandising into a 鈥渇lywheel鈥� that monetises superfans; however, execution hinges on access to capital and maintaining content rights.

Schedule 13G Overview 鈥� The Vanguard Group & Ralliant Corp (RAL)

On 30 June 2025, The Vanguard Group filed a Schedule 13G reporting passive beneficial ownership of Ralliant Corp鈥檚 common stock. Vanguard now controls 13,174,096 shares, representing 11.65 % of RAL鈥檚 outstanding shares. The filing is made under Rule 13d-1(b) because Vanguard is an SEC-registered investment adviser ("IA").

Voting vs. dispositive authority

• Sole voting power: 0 shares
• Shared voting power: 49,118 shares
• Sole dispositive power: 12,898,650 shares
• Shared dispositive power: 275,446 shares

While Vanguard has virtually no direct voting power, it retains the right to dispose of nearly all of the reported shares, indicating the holding is spread across indexed and managed funds that delegate voting to third parties or follow fund-level policies.

Implications for investors

• Crossing the 10 % threshold makes Vanguard a significant institutional holder, potentially increasing RAL鈥檚 visibility among passive and ETF-tracking investors.
• The passive 13G filing (rather than an activist 13D) signals no intention to influence control or strategy.
• Concentrated ownership may add liquidity support but could create share-supply risk if Vanguard trims its position.

The certification confirms the stake was acquired in the ordinary course of business and not to influence management. The document is signed by Ashley Grim, Head of Global Fund Administration, on 7 July 2025.