•The SEC has declared the registration statement effective for the proposed business combination between Inflection Point Acquisition Corp. V and GOWell.
•The SEC filed a complaint against Netcapital Inc. and five executives for allegedly inflating revenue by $14 million through fake consulting agreements.
•The alleged scheme overstated Netcapital's revenue by 345% starting from October 2021.
•Brazilian power regulator Aneel rejected Italian utility Enel's appeal against proceedings that could lead to the revocation of its Sao Paulo electricity distribution concession.
