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The Form 144 filing shows a Gevo, Inc. (GEVO) shareholder intends to sell up to 28,500 common shares through Stifel Nicolaus on Nasdaq. The block equals roughly 0.01 % of the 239,562,995 shares outstanding and carries an aggregate market value of $35,072, implying a reference price near $1.23 per share. The proposed sale date is 08/05/2025.

The shares were acquired on 08/03/2025 via restricted stock units and will be paid for in cash at settlement. The same seller, Kimberly Bowron, disposed of 35,688 shares during the prior three months for gross proceeds of $45,411. No material adverse information is asserted in the notice, and no additional company financial data are provided.

United Community Banks, Inc. (UCBI) filed a Form 4 reporting that EVP & Chief Banking Officer Richard Bradshaw made a Rule 16 鈥淕鈥� transaction鈥攃lassified as a bona-fide gift鈥攐f 328 common shares on 31 Jul 2025 at a price of $0. After the transfer, Bradshaw directly owns 77,584 shares. No derivative securities or additional transactions were disclosed. Given the small size of the gift (鈮�0.4 % of his holdings) and the absence of a sale for consideration, the event is routine and immaterial to UCBI鈥檚 share float or governance profile.

Gartner, Inc. (NYSE: IT) posted solid, but modest, year-on-year growth for Q2-25. Revenue rose 5.7% to $1.69 bn, driven by 4.2% Insights, 13.6% Conferences and 8.9% Consulting expansion. Operating income increased 2.6% to $327 m and diluted EPS advanced 6.1% to $3.11. Net margin was essentially flat at 14.3%.

Year-to-date (6 M-25) revenue climbed 5.0% to $3.22 bn while diluted EPS improved 3.9% to $5.82. Operating cash flow surged 25% to $697 m, aided by a $475 m reduction in fees receivable and lower working-capital use.

Balance sheet: Cash reached $2.20 bn (+$264 m YTD) and gross debt remained $2.48 bn, keeping net leverage just under 0.1脳 EBITDA. Deferred revenue slipped 2.6% to $2.69 bn, hinting at softer selling momentum. Equity increased 13% to $1.53 bn, despite $437 m spent to repurchase 0.96 m shares (avg. $446). Authorization remaining: $0.6 bn.

Segment notes: The former Research unit was rebranded 鈥淏usiness & Technology Insights.鈥� Insights still supplies 78% of total sales and 84% of gross contribution. Geography mix remains ~63% Americas, 25% EMEA, 12% Other International.

Liquidity & debt: A $1.0 bn unsecured revolver (matures 2029) holds $274 m outstanding at 5.7% interest; fixed-rate notes of $2.2 bn carry coupons of 3.6-4.5%. One $350 m swap matures Sep-25.

Management flags new U.S. tax law (OBBBA) and OECD Pillar Two rules; impacts under evaluation. No goodwill impairments recorded.

Vertical Aerospace (EVTL) filed a Form 6-K announcing a long-term airframe partnership with Spain-based Aciturri Aerostructures, effective 1 Aug 2025. Under the agreement Aciturri will design, manufacture and supply the entire airframe鈥攚ing, empennage, pylons and fuselage鈥攆or both pre-production and certified versions of the company鈥檚 VX4 electric/hybrid eVTOL.

Aciturri will also take engineering responsibility for several structural elements and provide concurrent manufacturing engineering, giving Vertical a single-source supplier for the programme鈥檚 critical structure. A related press release (Ex. 99.1) was issued on 4 Aug 2025.

The filing contains the usual forward-looking-statement safe-harbour and incorporates the 6-K (excluding the exhibit) into three existing shelf registration statements (F-3 Nos. 333-270756, 333-284763, 333-287207).

Investment take-away: the deal strengthens VX4 industrialisation by adding a Tier-1 aerostructures partner, potentially de-risking certification and scale-up. Financial terms, production volumes and milestone timelines were not disclosed.

Brown-Forman (BF) Form 144 filing: an unidentified insider plans to sell up to 28,426 Class B shares through Raymond James, targeting 23 July 2025 on the NYSE. At the filing date鈥檚 reference price the block is valued at $0.88 million, equal to roughly 0.009 % of the 303.6 million shares outstanding, indicating an immaterial effect on float or control.

The shares were accumulated between 2017-2024 via equity-based compensation (RSU/PBRSU or SSARS cashless exercises). No other sales were reported in the past three months. The signatory certifies no undisclosed adverse information and, if applicable, compliance with a Rule 10b5-1 trading plan.

Investor take-away: the proposed disposal is modest in size; while insider selling can be viewed cautiously, the proportion suggests limited signalling impact absent additional context.

Key take-away: Amendment No. 5 to the Schedule 13D shows that the Mudrick Capital complex (multiple affiliated funds plus Jason Mudrick) now beneficially owns 98,006,021 Class A ordinary shares of Vertical Aerospace Ltd. (EVTL), representing 69.7 % of the outstanding class. The position consists of 54.0 M already-issued shares plus the right to acquire a further 44.0 M shares through the conversion of $ Convertible Senior Secured Notes and the exercise of existing and new warrants (Tranche A & B).

On 10 July 2025 the issuer completed a $60 million follow-on equity offering at $5.00 per share. Mudrick-managed vehicles bought 2.5 million shares (~$12.5 million) in that round, increasing both their absolute holding and their percentage ownership. Mudrick entities indicate the purchase was for investment purposes but state they may buy, sell, convert, exercise or hedge their EVTL securities at any time and may influence board composition pursuant to existing consent rights.

Implications for investors:

• Control 鈥� With nearly 70 % of the vote, Mudrick Capital effectively controls EVTL鈥檚 strategic direction, governance and future capital decisions.
• Dilution overhang 鈥� 39.4 M convertible-note shares and 4.6 M warrant shares could materially dilute minority holders when exercised or converted.
• Capital support 鈥� Mudrick鈥檚 willingness to inject new equity in the July 2025 raise provides a positive signal on funding availability as EVTL progresses aircraft certification and production plans.
• Liquidity/float 鈥� High insider concentration limits free float, potentially increasing share-price volatility and reducing index eligibility.

The filing contains no operating or earnings data; its importance lies in ownership structure, potential dilution mechanics and future control dynamics.

Vertical Aerospace Ltd. (NYSE: EVTL) has launched a high-dilution equity raise via a registered offering of 12 million ordinary shares at $5.00 each, representing a c.28% discount to the prior close ($6.95). Gross proceeds will total $60 million; net cash to the company is estimated at $57 million (or $65.7 million if the 15% over-allotment option for 1.8 million shares is exercised). The company鈥檚 share count will rise to 96.7 million (98.5 million on full option exercise), an immediate dilution of ~14% to existing holders.

Use of proceeds: funds are earmarked for continued R&D on the VX4 eVTOL programme, expansion of testing & certification capacity, and general working capital. Management states that the cash infusion, together with existing resources, extends liquidity runway only to 鈥�the middle of 2026,鈥� underlining ongoing funding needs.

Capital structure & dilution overhang: the prospectus highlights sizeable potential future dilution鈥�39.4 million shares from 10%/12% PIK Convertible Senior Secured Notes, 22.4 million warrants, 1.6 million options, and 31k RSUs. Pro-forma equity turns from a 拢39.1 million deficit to a modest 拢5.1 million surplus, but total leverage remains high with 拢122.1 million of FVTPL liabilities (primarily the convertibles).

Business update: Vertical reports 拢62 million cash at 30 Jun 2025 and recent technical milestones: wing-borne flight of the second VX4 prototype (May 2025) and an expanded Bristow partnership including up to 100 conditional aircraft pre-orders. Nevertheless, all pre-orders are non-binding, certification is targeted only for 2028, and management continues to flag 鈥渟ubstantial doubt鈥� about going-concern status.

Key risks disclosed: limited operating history, need for additional capital, certification uncertainty, supplier dependence, PFIC exposure for U.S. investors, and heavy future dilution. Executive and director lock-up period is only 60 days.

Investment view: The transaction shores up near-term liquidity and modestly repairs negative equity, but at the cost of meaningful dilution and at a deep price concession. With cash coverage still limited to 12鈥�18 months and large convertible & warrant overhangs, the raise is helpful yet not transformational.

Vertical Aerospace Ltd. (EVTL) has filed a Form 6-K announcing that, on 8 July 2025, it entered into an underwriting agreement with Deutsche Bank Securities Inc. and William Blair & Company L.L.C. to sell $60 million of ordinary shares in an underwritten public offering in the United States at $5.00 per share. The company has granted the underwriters a 30-day option to purchase up to an additional $9 million of shares at the same price, potentially raising total gross proceeds to $69 million.

The filing incorporates this information into several existing Form F-3 registration statements and attaches the underwriting agreement (Exhibit 1.1), a legal opinion on share validity (Exhibit 5.1) and the pricing press release (Exhibit 99.1).

• Offering size: $60 million, expandable to $69 million with option
• Offering price: $5.00 per ordinary share
• Lead underwriters: Deutsche Bank Securities and William Blair
• Use of filing: Incorporation by reference into active shelf registrations
• Implication: Strengthens liquidity but dilutes existing shareholders

Kura Sushi USA (NASDAQ: KRUS) filed its fiscal Q3 2025 Form 10-Q for the quarter ended 31 May 2025. The company now operates 76 restaurants, up from 63 a year ago, and plans to reach 79-81 units by fiscal year-end. Expansion, menu price increases and new store openings drove a 17.3 % year-over-year (YoY) sales increase to $74.0 million. Despite negative traffic, Q3 comparable restaurant sales fell only 2.1 % thanks to a 0.8-point price/mix benefit.

Profitability improved markedly. Q3 produced net income of $0.6 million (diluted EPS $0.05) versus a $0.6 million loss in the prior-year period. Restaurant-level operating profit reached $13.5 million (18.2 % margin), while corporate G&A leverage and lower litigation expense helped narrow the operating loss to $0.2 million. Nine-month results remain negative, however, with a $4.2 million net loss on $203.3 million of sales (+18.3 % YoY).

Cost dynamics:

• Food & beverage costs fell 90 bp YoY to 28.3 % of sales on pricing and supply-chain initiatives.
• Labor rose 50 bp to 33.1 % of sales as wage inflation outpaced price actions.
• Occupancy expense climbed to 7.5 % of sales, reflecting new unit leases.

Balance sheet strength. A November 2024 follow-on equity offering added $64.4 million net, boosting cash and marketable securities to $92.9 million (cash $47.1 m; ST investments $13.4 m; LT investments $32.5 m). The company has no debt and an undrawn $45 million revolver with parent Kura Japan. Total assets rose to $419.4 million, with lease liabilities of $166.0 million (current and long-term).

Cash flow & capex. Operating cash flow was $15.3 million YTD. Heavy new-unit build-out drove $84.2 million of investing outflows (capex $37 million; securities purchases $70 million). Net cash decreased $3.9 million, but liquidity remains ample.

Legal & risk items. The company incurred $5.1 million in wage-and-hour settlements and faces an unresolved California labor class action. Management believes additional losses are not yet estimable. New FASB disclosure standards (ASU 2023-07, 2023-09, 2024-03) will be adopted between fiscal 2025-2028.

Outlook. Management targets 15 total openings in fiscal 2025, implying two more restaurants in Q4. It expects continued revenue growth but also higher operating costs (labor, utilities, occupancy). No quantitative guidance was provided.