•President Trump again floated the idea of adopting Australia's retirement system, based on mandatory contributions, as a potential alternative to the U.S. Social Security system.
•Proxy advisory firms ISS and Glass Lewis recommended shareholders vote for the issuance of common shares exceeding 25% of the company's outstanding stock.
•UniTek Global Services announced the acquisition of Concurrent Utility Services, a specialty infrastructure company focused on power grid modernization.
•Oxbridge Re Holdings and its subsidiary SurancePlus announced the closing of five private placements of tokenized reinsurance securities on the Solana blockchain.
•The total gross proceeds from the combined offerings amounted to approximately $7.1 million.