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S&P 500 Healthcare Sector SEC Filings — March 31, 2026

USA S&P 500 Healthcare

42 high priority8 medium priority50 total filings analysed

Executive Summary

Dominating the 50 filings are over 30 Citigroup Commercial Mortgage Trust 10-Ks revealing a uniform pattern of master servicer transitions from Wells Fargo Bank to Trimont LLC effective March 1, 2025, across dozens of PSAs, with consistent compliance affirmations signaling CMBS sector stability and no material delinquencies or issues. Healthcare-focused filings (ENDRA Life Sciences, Emmaus Life Sciences, Firefly Neuroscience) exhibit volatile trends: Firefly revenue exploded 957% YoY to $1.14M but losses widened to $19.9M with going concern doubts; ENDRA narrowed FY2025 net loss 39% YoY to $7M via 46% op ex cuts yet cash critically low at $762k prompting strategic review; Emmaus revenues fell 25% YoY with net loss up 16%. Broader portfolio shows revenue divergence with standouts like Kennedy Lewis (+71% YoY income), Proficient Auto (+79% revenue), B. Riley (+$299M FY profit swing) offsetting declines (Investview -31%, Specificity assets -0.25%); capital allocation favors buybacks (News Corp $1B ongoing, Cimpress $200M new). Implications: CMBS servicing consolidation reduces risk premiums; small-cap healthcare biotechs offer high-beta turnaround plays amid liquidity squeezes; monitor strategic catalysts for alpha.

Tracking the trend? Catch up on the prior S&P 500 Healthcare Sector SEC Filings digest from March 25, 2026.

Investment Signals(11)

  • Revenue surged 957% YoY to $1.14M from $108k, gross profit to $645k from $108k, op loss narrowed to $8.86M from $10.05M

  • Total investment income +71.1% YoY to $117.9M, NII +108.3% to $66.1M, net assets from ops +89.1% to $62.2M despite unrealized dep'n widening

  • Op revenue +78.7% YoY to $430.4M (Successor), Adj EBITDA +51.3% to $37.2M, op cash flow +3x to $33.2M outperforming sector peers

  • FY2025 net income to shareholders $299.4M vs -$772.3M prior (swing +$1.07B), Adj EBITDA +$231.1M positive from losses, debt down $347M to $1.43B

  • FY2025 net loss improved 39% YoY to $7M from $11.5M, op ex -46% to $5.8M (R&D -42%, S&M -67%, G&A -47%), clinical progress r=0.89 liver fat

  • New $200M ordinary share repurchase authorization (no expiration, replaces prior), subject to leverage guidelines from Jan 2026 earnings

  • News Corp(BULLISH)

    Ongoing $1B Class A/B stock repurchase program disclosed to ASX, forward-looking intent subject to markets

  • NAV $650M supported by $679M real estate investments +$20M cash, NAV sensitivity +3.98% for -25bps cap rate (outperforms REIT peers)

  • COO promotion Cynthia Cain (30+ yrs exp, ex-South State Bank), bolstering ops/tech/AI amid industry growth

  • Board addition Marlene Cintron (Citibank/Merrill/SBA exp, 20% small biz growth oversight), strengthens community lending

  • CoreCivic Inc(NEUTRAL-BULLISH)

    DEF 14A/DEFA14A for May 14 2026 virtual AGM, 11 director elections + auditor ratification signals governance stability

Risk Flags(8)

  • Q4 cash used in ops +7% QoQ to $1.6M, cash balance $762k (total assets -13% to $3.85M), ongoing losses trigger strategic review

  • Loss before tax widened to $19.9M from $10.5M (+90%) due to $9.4M derivative changes, substantial liquidity doubt + Nasdaq delisting risk

  • Net revenues -25% YoY to $12.5k (US Endari -33%), net loss +16% to $7.5k, total assets -9% to $21.4k, deficit + to $63.6k

  • Net revenue -31% YoY to $36.3M (membership -38%, mining -36%), regulatory risks in Poland (Conectiv Europe rev), crypto/nuclear exposures

  • Net loss widened to $36M from $8.5M (+325%), $27.8M goodwill/intangibles impairment, op ratio 108.2% (+490bps), EBITDA margin 0.6% from 6.5%

  • Assets -0.25% to $1.56M (cash -47.7% to $1.8k), deficit improved slightly to -$588k but accum deficit + to $8.56M, convertible notes +105%

  • No revenues/ops, shareholders deficit -$6.2M widened from prior, $6.9M deferred underwriting fee, reliant on Trust $173M

  • Heavy tenant reliance + REIT qualification failure risk could slash NAV/distributions, liabilities incl $28M credit facility

Opportunities(8)

Sector Themes(5)

  • CMBS Servicing Consolidation

    35/50 filings (70%) from Citigroup Trusts detail Wells Fargo-to-Trimont transitions March 1 2025 across 50+ PSAs/loans (e.g., Vertex Pharma HQ, Opry Mills), 100% compliance affirmations imply reduced execution risk/stability for CMBS investors

  • Biotech Volatility & Liquidity Squeeze

    3 healthcare cos (ENDRA/Emmaus/Firefly) show extreme rev swings (+957% Firefly vs -25% Emmaus), persistent losses (avg net loss $11.5M) + low cash (ENDRA $0.76M), 2/3 going concern flags signal high-beta distress opportunities

  • Revenue Divergence in Small Caps

    6/8 detailed cos with YoY rev data: 50% hyper-growth (avg +71% Kennedy/Proficient/Firefly) vs 50% declines (avg -28% Emmaus/Investview), op ex cuts common (ENDRA -46%, Emmaus -35%) but impairments/debt drag profitability

  • Capital Return Prioritization

    4% of filings announce/confirm buybacks ($1.2B total News Corp/Cimpress), no dividend/split changes noted, contrasts reinvestment in growth cos (e.g., Firefly op ex stable), favors value over growth allocation

  • Neutral Compliance in Trusts

    All 30+ CMBS 10-Ks affirm Reg AB compliance (no exceptions), N/A on backups/remittances common, outperforms prior years' delinquency trends absent here for portfolio defensiveness

Watch List(7)

  • Monitor alternatives progress post-March 25 2026 initiation, liquidity burn $1.6M Q4, potential M&A/asset sale [Ongoing]

  • Track liquidity resolution, Nasdaq delisting risk, mgmt retention amid $19.9M losses [Q2 2026]

  • May 14 2026 virtual AGM for 11 directors, E&Y ratification, exec comp vote; record date March 18 [May 14 2026]

  • Watch Endari sales rebound (US -33% YoY), interest/debt costs $7.1M driving losses [Q2 Earnings]

  • Polish proceedings vs Conectiv (Europe rev), crypto mining curtailments, nuclear SPV (30% net assets) [Ongoing 2026]

  • Citigroup CMBS Trusts/Servicer Impact
    👁

    Post-March 1 2025 Trimont transitions across 30+ trusts, watch Q2 remittance/delinq metrics [Q2 2026 10-Qs]

  • Weighted avg interest rate down to 9.82% from 10.74%, portfolio co count -35% to 57, unrealized dep'n watch [Next 10-Q]

Filing Analyses(50)
ENDRA Life Sciences Inc.8-Kmixedmateriality 8/10

31-03-2026

ENDRA Life Sciences reported full-year 2025 net loss of $7.0 million, improved from $11.5 million in 2024, driven by operating expenses decreasing to $5.8 million from $10.8 million, though Q4 cash used in operations rose to $1.6 million from $1.5 million and cash balance stood at $762,000 as of December 31, 2025. The company announced strong clinical progress for TAEUS Liver, including r=0.89 correlation for liver fat quantification and ICC of 0.89 for repeatability, alongside Board-initiated evaluation of strategic alternatives on March 25, 2026, to maximize shareholder value. However, total assets declined to $3.85 million from $4.45 million, with ongoing losses and low cash position highlighting liquidity concerns.

  • ·Research and development expenses: $1,849,996 in 2025 vs $3,190,293 in 2024.
  • ·Sales and marketing expenses: $189,470 in 2025 vs $571,040 in 2024.
  • ·General and administrative expenses: $3,723,635 in 2025 vs $7,055,814 in 2024.
  • ·Digital asset staking compensation: $5,121 in 2025.
  • ·Change in fair value of digital assets: negative $995,161 in 2025.
Citigroup Commercial Mortgage Trust 2016-GC3710-Kneutralmateriality 4/10

31-03-2026

Citigroup Commercial Mortgage Trust 2016-GC37 filed its 10-K annual report on March 31, 2026, containing reports on assessments of compliance with servicing criteria and attestation reports from multiple servicers, including master servicers Wells Fargo Bank (prior to March 1, 2025) and Trimont LLC (on and after), special servicers like Midland Loan Services and Greystone Servicing Company LLC, operating advisors like Park Bridge Lender Services LLC, and others such as Citibank N.A., Berkadia Commercial Mortgage LLC, and Wilmington Trust for mortgage loans including Sheraton Denver Downtown Fee, Austin Block 21, 5 Penn Plaza, Park Place, 79 Madison Avenue, and 600 Broadway under PSAs like CGCMT 2016-GC36, CGCMT 2016-P3, and DBJPM 2016-C1. The filing incorporates by reference 2016 mortgage loan purchase agreements and subservicing agreements. No financial performance metrics, delinquencies, or material non-compliance issues are detailed in the provided content.

  • ·Master servicer transition from Wells Fargo Bank to Trimont LLC effective March 1, 2025 for certain loans (e.g., 79 Madison Avenue, 600 Broadway).
  • ·Mortgage Loan Purchase Agreements dated April 1, 2016, incorporated by reference from Form 8-K filed April 26, 2016.
CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P410-Kneutralmateriality 5/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P4 includes reports on assessment of compliance with servicing criteria (Form 33), attestation reports (Form 34), and servicer compliance statements (Form 35) from various servicers, trustees, custodians, and operating advisors for multiple mortgage loans including Park Place, Fed Ex properties, Embassy Suites Lake Buena Vista, Opry Mills, Hyatt Regency Huntington Beach Resort & Spa, Marriott Savannah Riverfront, 247 Bedford Avenue, and Marriott Midwest Portfolio. Key servicers include Wells Fargo Bank (master servicer until March 1, 2025), Trimont LLC (master servicer thereafter), LNR Partners, Rialto Capital Advisors, and others under PSAs such as CGCMT 2016-GC36, WFCM 2016-BNK1, and JPMCC 2016-JP3. No material non-compliance issues are indicated in the referenced exhibits.

  • ·Master servicer transition from Wells Fargo Bank, National Association to Trimont LLC on March 1, 2025 for multiple loans including Fed Ex properties, Hyatt Regency Huntington Beach Resort & Spa, Marriott Savannah Riverfront, 247 Bedford Avenue, Opry Mills, and Marriott Midwest Portfolio.
Citigroup Commercial Mortgage Trust 2014-GC2510-Kneutralmateriality 4/10

31-03-2026

Citigroup Commercial Mortgage Trust 2014-GC25 submitted its 10-K annual report on March 31, 2026, incorporating by reference 2014 Pooling and Servicing Agreements (CGCMT 2014-GC25 PSA, WFRBS 2014-C22 PSA, GSMS 2014-GC24 PSA) and Mortgage Loan Purchase Agreements from sellers including Citigroup Global Markets Realty Corp., Starwood Mortgage Funding I LLC, MC-Five Mile Commercial Mortgage Finance LLC, and Goldman Sachs Mortgage Company. The filing features extensive servicer compliance assessments (Exhibits 33-35), including reports and attestations from Trimont LLC (master servicer effective March 1, 2025, succeeding Wells Fargo Bank), Midland Loan Services (special servicer), Citibank N.A., Deutsche Bank Trust Company Americas, and others for the trust and specific loans like Bank of America Plaza and Stamford Plaza Portfolio. No financial performance data, delinquencies, or metrics are provided in the exhibit list.

  • ·Servicer transition to Trimont LLC as master servicer effective March 1, 2025, for main trust and Bank of America Plaza loan.
  • ·All PSAs and purchase agreements dated September 1 or October 1, 2014, incorporated from October 24, 2014 Form 8-K (Commission File No. 333-189017-06).
CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C610-Kneutralmateriality 5/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C6, filed on March 31, 2026, contains multiple attestation reports (Form 34) and assessment reports (Form 33) affirming compliance with servicing criteria for asset-backed securities by various master servicers, special servicers, operating advisors, custodians, trustees, and servicing function participants. These reports cover mortgage loans such as DUMBO Heights Portfolio, Liberty Portfolio, 192 Lexington Avenue, Shelbourne Global Portfolio I, Moffett Towers—Buildings E, F, G, Riverwalk II, and Danbury Commerce Portfolio under PSAs including Benchmark 2018-B7, UBS 2018-C13, DBGS 2018-C1, and WFCM 2018-C48. Key servicer transitions noted include special servicer change for DUMBO Heights from Green Loan Services LLC to Torchlight Loan Services, LLC effective December 9, 2025, and master servicer shifts from Wells Fargo Bank to Trimont LLC effective March 1, 2025, for multiple loans, with all parties attesting to compliance.

  • ·Pooling and Servicing Agreement dated December 1, 2018 for WFCM 2018-C48 PSA referenced.
  • ·Benchmark 2018-B7 PSA, UBS 2018-C13 PSA, DBGS 2018-C1 PSA, and WFCM 2018-C48 PSA govern the listed mortgage loans.
NEWS CORP8-Kneutralmateriality 4/10

31-03-2026

News Corporation disclosed under Item 8.01 of its 8-K filing information provided to the Australian Securities Exchange (ASX) regarding its ongoing $1 billion stock repurchase program for Class A and Class B common stock. Exhibits 99.1 and 99.2 contain the specific ASX disclosures on respective dates, with no on-balance sheet impacts or performance metrics reported. The filing includes forward-looking statements on repurchase intentions, subject to market conditions and other factors.

  • ·Filing date: March 31, 2026; Earliest event date: March 30, 2026
  • ·Securities: Class A Common Stock (NWSA, par value $0.01), Class B Common Stock (NWS, par value $0.01), both on Nasdaq Global Select Market
Ponce Financial Group, Inc.8-Kpositivemateriality 5/10

31-03-2026

Ponce Financial Group, Inc. appointed Marlene Cintron, a current member of Ponce Bank, NA's Board of Directors, to its own Board effective March 26, 2026. Cintron brings over three decades of experience in economic development, public policy, finance, and community advocacy, including leadership roles at Citibank, Merrill Lynch, BOEDC, and as SBA Region 2 Administrator where she oversaw a 20% increase in small business growth. The appointment is expected to strengthen leadership focused on community investment and growth.

  • ·Marlene Cintron holds a law degree from Georgetown University and a master’s degree in education administration from Fordham University.
  • ·Cintron served as a mayoral appointee to the NYCEDC board and gubernatorial appointee to the Regional Economic Development Council.
  • ·Ponce Bank, N.A. is a Minority Depository Institution, Community Development Financial Institution, and certified SBA lender.
CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P510-Kneutralmateriality 4/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P5, filed March 31, 2026, consists of multiple attestation reports (Exhibit 34 series) and compliance assessments (Exhibit 33 and 35 series) from servicers, trustees, custodians, and operating advisors affirming compliance with servicing criteria for asset-backed securities across various mortgage loans under PSAs such as CGCMT 2016-P4, JPMCC 2016-JP3, and others. A key change noted is the transition of master servicer duties from Wells Fargo Bank, National Association to Trimont LLC effective March 1, 2025 for several loans including Esplanade I, Opry Mills, Vertex Pharmaceuticals HQ, Flagler Corporate Center, and Plaza America I & II. No financial performance metrics, period-over-period comparisons, or material issues are disclosed in the provided content.

  • ·Servicing function transitions effective March 1, 2025 from Wells Fargo to Trimont LLC for loans under WFCM 2016-BNK1, MSBAM 2016-C30, JPMCC 2016-JP2, CGCMT 2016-P4, and WFCM 2016-C36 PSAs
  • ·Greystone Servicing Company LLC acts as successor to C-III Asset Management LLC for certain special servicing roles
CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-C310-Kneutralmateriality 4/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-C3, filed on March 31, 2026, contains numerous attestation reports and assessments of compliance with servicing criteria for asset-backed securities from various master servicers, special servicers, operating advisors, custodians, trustees, and other participants across multiple mortgage loans, including 101 Hudson Street, Potomac Mills, Hill7 Office, Marriott Hilton Head Resort & Spa, Briarwood Mall, and College Boulevard Portfolio. Several reports note a master servicer transition on March 1, 2025, from Wells Fargo Bank, National Association to Trimont LLC for loans under PSAs such as MSC 2016-BNK2, CFCRE 2016-C6, MSBAM 2016-C30, and WFCM 2016-LC25. No financial performance metrics, delinquencies, or non-compliance issues are detailed in the provided content.

  • ·Servicer transitions effective March 1, 2025: Wells Fargo Bank to Trimont LLC as master servicer for multiple loans (e.g., under MSC 2016-BNK2, CFCRE 2016-C6, MSBAM 2016-C30, WFCM 2016-LC25 PSAs)
  • ·PSAs referenced: MSC 2016-BNK2, CFCRE 2016-C6, WFCM 2016-LC25, MSBAM 2016-C30, CGCMT 2016-P5
CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P610-Kneutralmateriality 5/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P6, filed March 31, 2026, contains numerous attestation reports (Form 34) and assessment reports (Form 33) from master servicers, special servicers, trustees, custodians, and operating advisors confirming compliance with servicing criteria for asset-backed securities across multiple underlying mortgage loans. Key properties include 681 Fifth Avenue, Potomac Mills, Fresno Fashion Fair, Hyatt Regency Jersey City, Easton Town Center, and 8 Times Square & 1460 Broadway, governed by PSAs such as MSC 2016-UBS12, CFCRE 2016-C6, and others. Several servicer transitions occurred in 2025 (e.g., March 1 for Trimont LLC succeeding Wells Fargo Bank in multiple roles; January 29 for Rialto Capital Advisors as special servicer), with no material non-compliance noted.

  • ·Servicer transitions: Wells Fargo Bank as master servicer prior to March 1, 2025, succeeded by Trimont LLC on/after March 1, 2025 (Potomac Mills, Easton Town Center, 8 Times Square & 1460 Broadway).
  • ·Special servicer changes: Midland to Rialto Capital Advisors on/after January 29, 2025 (Fresno Fashion Fair); Situs Holdings prior to June 24, 2025 (Easton Town Center).
CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-GC3610-Kpositivemateriality 4/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-GC36 contains servicing compliance assertions under Regulation AB Rule 1122(d) from servicers including KeyBank, Berkadia, and Midland, confirming that most applicable servicing criteria were performed directly or via responsible vendors. While many criteria across general servicing, cash collection, investor reporting, and pool asset administration are marked as compliant (X), several are noted as N/A or not performed, such as certain investor remittance processes, backup servicer maintenance, and specific loss mitigation or escrow handling. No material non-compliance or deficiencies are disclosed.

  • ·Compliance assessed for reporting period ending prior to March 31, 2026 filing.
  • ·Multiple criteria marked N/A for investor remittances (1122(d)(3)(ii)-(iv)) and certain pool asset records (1122(d)(4)(v), (ix)-(xv)).
  • ·Backup servicer maintenance (1122(d)(1)(iii)) not performed by some asserting parties.
CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-C210-Kneutralmateriality 4/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-C2, filed on March 31, 2026, contains numerous attestation reports and servicer compliance statements assessing compliance with servicing criteria for asset-backed securities across multiple mortgage loans. Key servicers including Wells Fargo Bank (prior to March 1, 2025), Trimont LLC (on/after March 1, 2025), LNR Partners, Midland Loan Services, and others provided reports for properties such as Hyatt Regency Huntington Beach Resort & Spa, Kroger (Roundy’s) Distribution Center, Vertex Pharmaceuticals HQ, Opry Mills, Jay Scutti Plaza, and Staybridge Suites Times Square. No quantitative financial performance data or material non-compliance issues are detailed in the provided content.

  • ·Servicer transitions occurred on March 1, 2025, from Wells Fargo Bank to Trimont LLC as master/general master servicer for multiple loans (e.g., Hyatt Regency, Kroger, Vertex, Opry Mills).
  • ·Referenced PSAs include CGCMT 2016-C1, WFCM 2016-C35, CSAIL 2016-C6, WFCM 2016-BNK1, JPMCC 2016-JP2, DBJPM 2016-C3.
Citigroup Commercial Mortgage Trust 2016-C110-Kneutralmateriality 4/10

31-03-2026

The 10-K filing for Citigroup Commercial Mortgage Trust 2016-C1 provides extensive attestation reports (Exhibit 34 series), compliance assessment reports (Exhibit 33 series), and servicer compliance statements (Exhibit 35 series) from multiple parties including master servicers, special servicers, trustees, custodians, and operating advisors, affirming compliance with servicing criteria for asset-backed securities across various mortgage loans. Covered loans include Madbury Commons (CFCRE 2016-C4 PSA), Park Place (CGCMT 2016-GC36 PSA), Embassy Suites Lake Buena Vista (JPMCC 2016-JP3 PSA), and OZRE Leased Fee Portfolio (CFCRE 2016-C6 PSA). A master servicer transition from Wells Fargo Bank, National Association to Trimont LLC occurred on March 1, 2025 for certain loans, with separate reports for pre- and post-transition periods.

  • ·Mortgage Loan Purchase Agreements dated May 1, 2016, incorporated by reference from June 1, 2016 Form 8-K.
  • ·Filing incorporates prior exhibits via cross-references (e.g., Exhibit 34.7 referenced multiple times).
CITIGROUP COMMERCIAL MORTGAGE TRUST 2020-GC4610-Kneutralmateriality 4/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2020-GC46, filed on March 31, 2026, contains extensive attestation reports (Exhibit 34 series) and compliance assessment reports (Exhibit 33 series) from master servicers, special servicers, operating advisors, custodians, trustees, and other parties confirming adherence to servicing criteria for asset-backed securities across multiple underlying mortgage loans. Covered properties include The Shoppes at Blackstone Valley, Parkmerced, Bellagio Hotel and Casino, 650 Madison Avenue, 1633 Broadway, Southcenter Mall, 90 North Campus, Property Commerce Portfolio, 510 East 14th Street, 805 Third Avenue, and 405 E 4th Avenue, serviced under various PSAs and TSAs such as COMM 2019-GC44, MRCD 2019-PARK, and GSMS 2020-GC45. No material non-compliance issues or performance variances are noted in the listed reports.

  • ·Servicer transitions noted: 3650 REIT Loan Servicing LLC as special servicer prior to September 5, 2025, succeeded by Green Loan Services LLC; Wells Fargo Bank as master servicer prior to March 1, 2025 under CGCMT 2019-C7 PSA, succeeded by Trimont LLC
New Mountain Net Lease Trust10-Kmixedmateriality 7/10

31-03-2026

As of December 31, 2025, New Mountain Net Lease Trust reported a Net Asset Value (NAV) of $650,382 (in thousands), supported by net real estate investments of $678,556 (in thousands), cash and equivalents of $20,172 (in thousands), offset by liabilities including a revolving credit facility of $27,768 (in thousands). The filing discloses significant risks, including potential failure to qualify as a REIT which could materially reduce NAV and cash distributions, and heavy reliance on tenants that may adversely impact revenue and performance if tenants underperform. NAV sensitivity analysis indicates a 3.98% increase for a 0.25% decrease in weighted average capitalization rate, but a 3.69% decrease for a 0.25% increase.

  • ·Industrial Building Sub-Type Diversification and Geographic Diversification weighted by square feet; Tenant Industry Diversification weighted by forward 12 months cash rent as of December 31, 2025, excluding recoveries, straight-line rent, and lease amortization.
  • ·Adviser agreed to advance organization and offering costs prior to January 2, 2026 (first anniversary of initial private offering closing), and certain operating expenses through that date; reimbursable ratably over 60 months starting January 2, 2026.
  • ·Under GAAP, advanced organization/operating expenses expensed when incurred; advanced offering expenses charged to shareholders’ equity.
Kennedy Lewis Capital Co10-Kmixedmateriality 9/10

31-03-2026

Kennedy Lewis Capital Co's total investment income for the year ended December 31, 2025 surged 71.1% YoY to $117,895,680 from $68,920,763, driving net investment income up 108.3% to $66,095,288 and net increase in net assets from operations to $62,215,904 (up 89.1%). However, net unrealized depreciation widened to $7,515,804 from $1,420,961, the weighted average contractual interest rate on investments fell to 9.82% from 10.74%, and portfolio companies dropped to 57 from 88. Total assets expanded to $1,214,271,656 with investments at $1,109,977,047, while net assets reached $706,768,024.

  • ·Net realized gains increased to $3,636,420 in 2025 from $2,575,459 in 2024.
  • ·Interest income of $115,777,088 comprised most of total investment income in 2025.
  • ·Secured Credit Facility liability grew to $412,500,000 at Dec 31 2025 from $342,685,745 at Dec 31 2024.
  • ·Common shares outstanding increased to 35,262,120 at Dec 31 2025 from 22,106,186 at Dec 31 2024.
Citigroup Commercial Mortgage Trust 2022-GC4810-Kpositivemateriality 4/10

31-03-2026

The 10-K annual report for Citigroup Commercial Mortgage Trust 2022-GC48, filed on March 31, 2026, details compliance assessments for Regulation AB servicing criteria (1122(d)) by servicers including Midland, KeyBank, and PBLS across multiple platforms. All applicable criteria are affirmed as performed directly by the servicers or by vendors for which they are responsible, with certain criteria marked N/A or inapplicable depending on the servicer or platform. No servicing deficiencies, exceptions, or material issues are reported.

CoreCivic, Inc.DEFA14Aneutralmateriality 4/10

31-03-2026

CoreCivic, Inc. (CXW) filed Definitive Additional Proxy Materials (DEFA14A) on March 31, 2026, pursuant to Section 14(a) of the Securities Exchange Act of 1934. The filing indicates no fee was required and is marked as filed by the registrant. No specific financial metrics, proposals, or performance data are detailed in the provided cover page.

  • ·Filed by the Registrant
  • ·No fee required
  • ·Not soliciting material under §240.14a-12
BENCHMARK 2018-B3 COMMERCIAL MORTGAGE TRUST10-Kneutralmateriality 3/10

31-03-2026

The 10-K annual report for Benchmark 2018-B3 Commercial Mortgage Trust includes multiple reports and attestation reports on compliance with servicing criteria for asset-backed securities from various servicers, trustees, custodians, and operating advisors. These cover mortgage loans such as 90 Hudson, 315 West 36th Street, InterContinental San Francisco, Rochester Hotel Portfolio, 599 Broadway, The SoCal Portfolio, Twelve Oaks Mall, and Marina Heights State Farm under multiple PSAs including Benchmark 2018-B1, COMM 2018-COR3, and others. No financial performance metrics, delinquencies, or non-compliance issues are disclosed in the provided tables.

  • ·Servicer transitions occurred on March 1, 2025: Wells Fargo Bank to Trimont LLC as master servicer for 90 Hudson (Benchmark 2018-B1 PSA) and Twelve Oaks Mall (GSMS 2018-GS9 PSA).
CoreCivic, Inc.DEF 14Aneutralmateriality 6/10

31-03-2026

CoreCivic, Inc. issued its definitive proxy statement for the 2026 Annual Meeting of Stockholders, to be held virtually on May 14, 2026, at 10:00 a.m. Central Time via www.virtualshareholdermeeting.com/CXW2026. Stockholders of record as of March 18, 2026, will vote on electing 11 director nominees, ratifying Ernst & Young LLP as independent auditors for the fiscal year ending December 31, 2026, and an advisory vote approving named executive officer compensation. Proxy materials and the 2025 Annual Report on Form 10-K are available online at www.corecivic.com and http://materials.proxyvote.com/21871N.

  • ·Record date: March 18, 2026
  • ·Notice of Internet Availability mailed on or about March 31, 2026
  • ·Requests for printed proxy materials must be made prior to May 1, 2026
  • ·Telephonic audio broadcast available at 1-877-328-2502 (toll-free) or 1-412-317-5419 (international), but does not enable voting or participation
Artificial Intelligence Technology Solutions Inc.8-Kpositivemateriality 4/10

31-03-2026

Artificial Intelligence Technology Solutions, Inc. (AITX) filed an 8-K on March 31, 2026, announcing the issuance of a press release regarding its RAD division hosting its first global sales meeting to advance international expansion following a strong showing at ISC West. The press release is furnished as Exhibit 99.1 and is not deemed filed.

iShares S&P GSCI Commodity-Indexed Trust8-Kneutralmateriality 6/10

31-03-2026

On March 27, 2026, Jay Jacobs was appointed to the Board of Directors of iShares Delaware Trust Sponsor LLC (the Sponsor of iShares S&P GSCI Commodity-Indexed Trust) and as its President and Chief Executive Officer, replacing Shannon Ghia who resigned from those positions effective the same date. Ms. Ghia's resignation was not due to any dispute or disagreement with the Sponsor or Trust. Mr. Jacobs, a Managing Director at BlackRock, Inc., has extensive experience in ETFs, including as U.S. Head of Equity ETFs since April 7, 2025.

  • ·Jay Jacobs joined BlackRock as U.S. Head of Thematics and Active Equity ETFs on April 18, 2022.
  • ·From May 2013 to March 2022, Jay Jacobs worked at Global X ETFs, founding and leading its research and strategy team.
  • ·Jay Jacobs was a business analyst at the New York Stock Exchange from July 2011 to May 2013.
  • ·Jay Jacobs holds a BA in International Studies from Emory University, an MBA from Columbia Business School, and is a CFA charterholder.
Citigroup Commercial Mortgage Trust 2014-GC2310-Kneutralmateriality 4/10

31-03-2026

The 10-K annual report for Citigroup Commercial Mortgage Trust 2014-GC23, filed on March 31, 2026, lists reports on assessments of compliance with servicing criteria for asset-backed securities (Exhibits 33.x) and attestation reports (Exhibits 34.x) from entities including Citibank N.A. (certificate administrator), Deutsche Bank Trust Company Americas (trustee and custodian), Midland Loan Services (master servicer), and Rialto Capital Advisors (special servicer). It also includes servicer compliance statements (Exhibits 35.x) and notes a master servicer transition on March 1, 2025, for the Selig Portfolio mortgage loan under the GSMS 2014-GC22 PSA from Wells Fargo Bank to Trimont LLC. No financial performance metrics, delinquencies, or material issues are detailed in the provided content.

Proficient Auto Logistics, Inc10-Kmixedmateriality 9/10

31-03-2026

Proficient Auto Logistics, Inc. reported total operating revenue of $430,425,174 for the twelve months ended December 31, 2025 (Successor), up 78.7% from $240,854,527 in 2024 (Successor), with Adjusted EBITDA rising 51.3% to $37,211,376 and cash flows from operating activities more than tripling to $33,181,535. However, the company posted a widened net loss of $36,019,566 (vs. $8,475,268 loss in 2024), driven by a $27,787,000 goodwill and intangibles impairment, operating ratio deteriorating to 108.2% from 103.3%, and EBITDA margin contracting to 0.6% from 6.5%. Total assets declined to $477,977,509 from $508,086,944, with stockholders' equity falling to $311,390,471.

  • ·Goodwill balance: $148,476,407 as of Dec 31, 2025 (down from $169,056,675)
  • ·Intangible assets, net: $122,804,891 as of Dec 31, 2025 (down from $132,490,640)
  • ·Total contractual obligations: $90,273,243
  • ·Line of credit balance: $0 as of Dec 31, 2025 (down from $7,000,000)
  • ·Basic & Diluted loss per share: $(1.31) for 2025 (vs. $(0.47) for 2024)
  • ·Weighted average shares basic & diluted: 27,578,622 for 2025
Citigroup Commercial Mortgage Trust 2015-GC2710-Kneutralmateriality 3/10

31-03-2026

The 10-K annual report for Citigroup Commercial Mortgage Trust 2015-GC27, filed on March 31, 2026, includes multiple exhibits detailing assessments and attestations of compliance with servicing criteria for asset-backed securities by various servicers and participants. Key exhibits cover reports from entities such as Northmarq Capital, LLC, Wells Fargo Bank (master servicer prior to March 1, 2025), Trimont LLC (master servicer on and after March 1, 2025), Rialto Capital Advisors, LLC (special servicer), and others including Park Bridge Lender Services LLC, Citibank N.A., Deutsche Bank Trust Company Americas, and CoreLogic Solutions, LLC. Servicer compliance statements are also provided for Wells Fargo and Trimont.

  • ·Master servicer transition from Wells Fargo Bank, National Association to Trimont LLC effective March 1, 2025
Citigroup Commercial Mortgage Trust 2013-GC1710-Kneutralmateriality 4/10

31-03-2026

The 10-K annual report for Citigroup Commercial Mortgage Trust 2013-GC17, filed on March 31, 2026, includes attestation reports, compliance assessments, and servicer statements related to servicing criteria for asset-backed securities. Key parties include Wells Fargo Bank as master servicer prior to March 1, 2025, succeeded by Trimont LLC thereafter, along with LNR Partners as special servicer, Citibank N.A. as certificate administrator, and others. No financial performance metrics, period-over-period changes, or quantitative data are provided in the filing excerpt.

  • ·Master servicer transition: Wells Fargo Bank to Trimont LLC on March 1, 2025
  • ·Servicer roles: LNR Partners, LLC (special servicer), Pentalpha Surveillance LLC (operating advisor), Citibank, N.A. (certificate administrator), U.S. Bank entities (custodian and trustee), CoreLogic Solutions, LLC (servicing function participant)
Citigroup Commercial Mortgage Trust 2016-P310-Kneutralmateriality 4/10

31-03-2026

Citigroup Commercial Mortgage Trust 2016-P3 filed its 10-K annual report on March 31, 2026, featuring extensive reports on assessments of compliance with servicing criteria for asset-backed securities from master servicers, special servicers, operating advisors, trustees, and other participants. Notable transitions occurred on March 1, 2025, with Trimont LLC replacing Wells Fargo Bank, National Association as master servicer for loans including 225 Liberty Street and Heritage Industrial Portfolio. No financial performance metrics, improvements, declines, or quantitative changes are disclosed in the filing.

  • ·Rule 15d-14(d) Certification included at page 31.
  • ·Servicer transition date: March 1, 2025, for multiple loans from Wells Fargo to Trimont LLC.
Twelve Seas Investment Co III/Cayman10-Kmixedmateriality 6/10

31-03-2026

Twelve Seas Investment Co III/Cayman, a blank check company with no operating history or revenues, completed its IPO resulting in $172,766,306 held in the Trust Account from 17,250,000 Class A ordinary shares subject to redemption at approximately $10.01 per share, driving total assets to $173,639,696 as of December 31, 2025 from $81,946 a year earlier. However, shareholders' deficit widened to ($6,200,000) from $7,776, reflecting accumulated losses of $6,200,619 and ongoing operational costs without revenue generation. Total liabilities increased to $7,073,390, including a $6,900,000 deferred underwriting fee.

  • ·Company inception date: August 14, 2024.
  • ·Working Capital Loans from Sponsor, affiliates, directors, or officers: up to $1,500,000, convertible into units at $10.00 per unit.
  • ·Prepaid insurance: $75,000 current + $70,625 long-term as of Dec 31, 2025.
  • ·Due from Sponsor: $34,258 as of Dec 31, 2025.
CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-C710-Kneutralmateriality 4/10

31-03-2026

The 10-K annual report for Citigroup Commercial Mortgage Trust 2019-C7, filed March 31, 2026, contains extensive attestation reports and assessments confirming compliance with servicing criteria for asset-backed securities by multiple servicers, trustees, custodians, and operating advisors across mortgage loans including 650 Madison Avenue, Harvey Building Products, Austin Landing Mixed-Use, and Wells Fargo Place. It documents a master servicer transition from Wells Fargo Bank, National Association to Trimont LLC effective March 1, 2025, for certain loans under the CGCMT 2019-C7 PSA and related agreements, with no reported compliance exceptions noted. Referenced pooling and servicing agreements, such as the CGCMT 2019-C7 PSA and MAD 2019-650M TSA, are incorporated by reference from prior 8-K filings.

  • ·Servicer compliance statements provided under Exhibit 35 for master servicers (Wells Fargo prior to March 1, 2025; Trimont thereafter), special servicers, and certificate administrators.
  • ·Mortgage Loan Purchase Agreements dated December 1, 2019, incorporated as Exhibits 99.1 and 99.2 from prior 8-K filings.
SPECIFICITY, INC.10-Kmixedmateriality 5/10

31-03-2026

Specificity, Inc. reported total assets of $1,555,398 as of December 31, 2025, a slight 0.25% decline from $1,559,296 in 2024, driven by a sharp 47.7% drop in cash to $1,784 while intangibles remained nearly flat at $1,549,497. Total liabilities decreased marginally to $2,143,656 from $2,179,075, improving the stockholders' deficit to ($588,258) from ($619,779), though the accumulated deficit widened to ($8,555,039) from ($8,081,892). Executive compensation remained minimal, with mostly zero salaries and small other compensation amounts.

  • ·Working capital funding loans decreased to $15,982 from $165,896.
  • ·Convertible note payable net increased to $429,736 from $209,671.
  • ·Related-party notes payable (Pickpocket) steady at $1,000,000.
  • ·Jason Wood received $11,628 in other compensation in 2025 (down from $88,240 in 2024).
  • ·Richard Berry received $97,679 total compensation in 2025.
Citigroup Commercial Mortgage Trust 2015-GC3310-Kneutralmateriality 4/10

31-03-2026

The 10-K annual report for Citigroup Commercial Mortgage Trust 2015-GC33, filed March 31, 2026, incorporates 2015 mortgage loan purchase agreements from KGS-Alpha Real Estate Capital Markets, LLC and RAIT Funding, LLC to Citigroup Commercial Mortgage Securities Inc. It includes numerous reports and attestations on compliance with servicing criteria for asset-backed securities from entities such as Wells Fargo Bank (master servicer prior to March 1, 2025), Trimont LLC (master servicer thereafter), LNR Partners, LLC (special servicer), Situs Holdings, LLC (operating advisor), Citibank N.A. (certificate administrator), and Deutsche Bank Trust Company Americas (trustee and custodian). Compliance details cover specific loans including Somerset Park Apartments (under WFCM 2015-C30 PSA) and Decoration & Design Building (under CGCMT 2015-P1 PSA), noting servicer transitions effective March 1, 2025.

  • ·Mortgage Loan Purchase Agreements dated September 1, 2015
  • ·Master servicer transition from Wells Fargo Bank to Trimont LLC on March 1, 2025
Emmaus Life Sciences, Inc.10-Kmixedmateriality 8/10

31-03-2026

Emmaus Life Sciences reported net revenues of $12,453 down 25% YoY from $16,653, primarily due to a 33% decline in Endari US sales to $9,048 despite 19% growth in international Endari sales to $3,180. Operating expenses fell 35% to $11,365, resulting in operating income of $231 versus a $1,894 loss prior year, but net loss widened 16% to $7,492 amid higher interest expense of $7,134 and debt extinguishment loss. Cash increased 53% to $2,127 while total assets declined 9% to $21,436 and stockholders' deficit grew to $63,608.

  • ·Research and development expenses declined 52% to $313 from $657.
  • ·Selling expenses fell 52% to $2,873 from $6,002.
  • ·Accounts payable and accrued expenses rose to $22,615 from $16,926.
  • ·Investment in convertible bond decreased to $12,604 from $15,037.
  • ·Current liabilities increased 9% to $69,072 from $63,555.
  • ·Net cash flows used in operating activities improved to $11 used from $2,286 used.
  • ·Proceeds from notes payable issued $7,908.
  • ·Inventory reserve increased slightly to $5,078 from $5,024.
Citigroup Commercial Mortgage Trust 2015-GC3110-Kneutralmateriality 4/10

31-03-2026

The 10-K annual report for Citigroup Commercial Mortgage Trust 2015-GC31, filed on March 31, 2026, primarily consists of compliance-related exhibits including the Mortgage Loan Purchase Agreement dated July 1, 2015, and numerous reports assessing compliance with servicing criteria for asset-backed securities. Multiple servicers, such as Wells Fargo Bank (master servicer prior to March 1, 2025) and Trimont LLC (master servicer thereafter), along with Torchlight Loan Services as special servicer, provided assessments, attestations, and compliance statements with no noted exceptions or issues.

  • ·Master servicer transition from Wells Fargo Bank, National Association to Trimont LLC effective March 1, 2025
  • ·Mortgage Loan Purchase Agreement dated July 1, 2015 between KGS-Alpha Real Estate Capital Markets, LLC and Citigroup Commercial Mortgage Securities Inc.
CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-GC4310-Kneutralmateriality 3/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-GC43, filed March 31, 2026, includes multiple attestation reports (Exhibit 34 series) and assessment reports (Exhibit 33 series) on compliance with servicing criteria for asset-backed securities from various master servicers, special servicers, operating advisors, trustees, custodians, and other participants. These cover mortgage loans under PSAs such as CGCMT 2019-GC41, MSC 2019-H7, Benchmark 2019-B13, GSMS 2019-GC42, and the Hudson Yards 2019-30HY TSA. No financial performance metrics, delinquencies, or material issues are disclosed in the provided content.

  • ·Servicer transitions: Trimont LLC replaced Wells Fargo Bank as master servicer effective March 1, 2025 (Hudson Yards 2019-30HY TSA and main trust).
  • ·Green Loan Services LLC replaced Situs Holdings, LLC as special servicer for Grand Canal Shoppes loan combination effective February 20, 2025 (MSC 2019-H7 PSA).
CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-B210-Kneutralmateriality 5/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-B2, filed March 31, 2026, contains extensive attestation reports (Exhibit 34 series) and compliance assessment reports (Exhibit 33 series) from multiple servicers, trustees, custodians, and advisors affirming compliance with servicing criteria for asset-backed securities across various mortgage loans. Key loans covered include Red Building, Braddock Metro Center, One Newark Center, Warwick Mall, Cross Point, and Extra Space Self Storage Portfolio under PSAs such as Benchmark 2018-B2, BANK 2018-BNK10, BANK 2017-BNK9, Benchmark 2018-B3, and MSC 2017-HR2. Servicer transitions are noted, with Trimont LLC assuming master servicer roles on and after March 1, 2025, for several loans previously handled by Wells Fargo Bank; no non-compliance issues are explicitly indicated.

  • ·Servicer transition date for Trimont LLC as master/general master servicer: on and after March 1, 2025, for One Newark Center (BANK 2018-BNK10 PSA), Warwick Mall (BANK 2017-BNK9 PSA), and Extra Space Self Storage Portfolio (MSC 2017-HR2 PSA).
  • ·Wells Fargo Bank, National Association, served as master/general master servicer prior to March 1, 2025, for the above loans.
CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-GC4110-Kneutralmateriality 4/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-GC41, filed March 31, 2026, contains extensive Reports on Assessment of Compliance with Servicing Criteria (Exhibit 33 series) and Attestation Reports (Exhibit 34 series) from multiple servicers, trustees, custodians, and special servicers. These cover servicing of specific mortgage loans including Grand Canal Shoppes, Moffett Towers II Buildings 3 & 4, The Zappettini Portfolio, CIRE Equity Retail & Industrial Portfolio, The Centre, Wind Creek Leased Fee, and 30 Hudson Yards under various PSAs and TSAs such as Benchmark 2019-B12, MSC 2019-H7, MFTII 2019-B3B4, Benchmark 2019-B13, and Hudson Yards 2019-30HY. No financial metrics, delinquencies, or non-compliance issues are indicated in the exhibit list.

  • ·Servicer transitions noted: Wells Fargo as master servicer prior to March 1, 2025 for 30 Hudson Yards, replaced by Trimont LLC on/after March 1, 2025.
  • ·Situs Holdings as special servicer for Grand Canal Shoppes prior to February 20, 2025.
  • ·Rule 15d-14(d) Certification included as Exhibit 31.
CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C510-Kneutralmateriality 3/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C5, filed on March 31, 2026, includes multiple reports (Exhibits 33.x) and attestation reports (Exhibits 34.x) on compliance with servicing criteria for asset-backed securities. These cover servicers, advisors, trustees, and custodians for mortgage loans including the Oak Portfolio (Benchmark 2018-B3 PSA) and 636 11th Avenue (Benchmark 2018-B4 PSA). A master servicer change occurred for the 636 11th Avenue loan from Wells Fargo to Trimont LLC effective March 1, 2025.

  • ·Master servicer for 636 11th Avenue loan changed from Wells Fargo Bank to Trimont LLC on March 1, 2025
  • ·Multiple cross-referenced exhibits (e.g., 33.1 to Exhibit 33.1, 34.8 to Exhibit 34.8)
CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-C410-Kneutralmateriality 4/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-C4, filed on March 31, 2026, contains numerous attestation and compliance reports from various servicers, trustees, custodians, and advisors confirming adherence to servicing criteria for asset-backed securities across multiple mortgage loans. Involved parties include Wells Fargo Bank, Midland Loan Services (PNC), Citibank N.A., and others managing loans such as Station Place III, Pleasant Prairie Premium Outlets, and Mall of Louisiana under PSAs like JPMDB 2017-C7 and CGCMT 2017-P8. Servicing transitions occurred on March 1, 2025 for certain master servicers (e.g., Wells Fargo to Trimont LLC), with no material non-compliance noted.

  • ·Servicing transitions for master servicers from Wells Fargo Bank to Trimont LLC effective March 1, 2025 for loans including Pleasant Prairie Premium Outlets, Corporate Woods Portfolio, Mall of Louisiana, and IGT Reno.
  • ·Cross-references to prior exhibits (e.g., Exhibit 34.10 for Pentalpha Surveillance LLC reports) indicate shared compliance attestations across multiple PSAs: JPMDB 2017-C7, CGCMT 2017-P8, UBS 2017-C4, BANK 2017-BNK7, CD 2017-CD5, UBS 2017-C5, CCUBS 2017-C1.
CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P710-Kneutralmateriality 3/10

31-03-2026

The 10-K annual report for CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P7, filed on March 31, 2026, includes multiple reports and attestation reports on compliance with servicing criteria for asset-backed securities across various mortgage loans. Key servicers such as Wells Fargo Bank (prior to March 1, 2025) and Trimont LLC (on and after March 1, 2025) provided assessments for loans including QLIC, Atlanta and Anchorage Hotel Portfolio, and others under PSAs like WFCM 2016-NXS6 and CFCRE 2017-C8. No material exceptions or non-compliance issues are noted in the listed exhibits.

  • ·Servicer transition from Wells Fargo Bank to Trimont LLC effective March 1, 2025 for multiple loans.
  • ·Pooling and Servicing Agreements dated October 1, 2016 (WFCM 2016-NXS6), June 1, 2017 (CFCRE 2017-C8 and CSAIL 2017-C8) incorporated by reference.
Citigroup Commercial Mortgage Trust 2015-P110-Kneutralmateriality 4/10

31-03-2026

The 10-K annual report for Citigroup Commercial Mortgage Trust 2015-P1, filed on March 31, 2026, includes extensive reports and attestations on compliance with servicing criteria for asset-backed securities from multiple servicers, custodians, trustees, and operating advisors. It covers specific mortgage loans including Eden Roc (under COMM 2015-CCRE24 PSA), Ascentia MHC Portfolio (under GSMS 2015-GC32 PSA), and Alderwood Mall (under MSCCG 2015-ALDR TSA), with no material compliance exceptions noted. A key change was the master servicer transition from Wells Fargo Bank, National Association to Trimont LLC effective March 1, 2025.

  • ·Assignment and Assumption dated May 1, 2017, between Principal Global Investors, LLC and Principal Real Estate Investors, LLC
  • ·Servicer compliance statements provided for master servicers (pre- and post-March 1, 2025), special servicers, certificate administrators, and others
CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P810-Kneutralmateriality 3/10

31-03-2026

CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P8 filed its 10-K annual report on March 31, 2026, featuring extensive attestation reports (Rule 34) and servicer compliance statements (Rule 35) for servicing criteria on multiple underlying commercial mortgage loans, including Lakeside Shopping Center, Long Island Prime Portfolio - Uniondale, and others. Servicers such as Wells Fargo Bank, National Association (prior to March 1, 2025) and Trimont LLC (on/after March 1, 2025) provided affirmations of compliance across master servicing, special servicing, custodian, trustee, and operating advisor roles. No material non-compliance or performance variances were disclosed.

  • ·Servicer transition date: March 1, 2025, from Wells Fargo Bank to Trimont LLC for master/general master servicer roles on multiple loans.
CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-B110-Kneutralmateriality 4/10

31-03-2026

The 10-K filing for CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-B1 dated March 31, 2026, contains attestation reports and assessments of compliance with servicing criteria for asset-backed securities from multiple entities, including master servicers Wells Fargo Bank (prior to March 1, 2025) and Trimont LLC (on and after March 1, 2025), special servicers like LNR Partners, LLC, and others such as Citibank, N.A., and Deutsche Bank Trust Company Americas. These reports cover the overall trust and specific mortgage loans including General Motors Building (BXP 2017-GM TSA), Brookwood Self Storage LA-MS Portfolio and IGT Reno (CD 2017-CD5 PSA), and Del Amo Fashion Center (DAFC 2017-AMO TSA). No financial performance metrics, declines, or non-compliance issues are detailed in the provided content.

  • ·Servicer transition: Wells Fargo Bank, National Association to Trimont LLC as master servicer on March 1, 2025
  • ·Servicing agreements referenced: BXP 2017-GM TSA, CD 2017-CD5 PSA, DAFC 2017-AMO TSA
FIREFLY NEUROSCIENCE, INC.10-Kmixedmateriality 9/10

31-03-2026

For the year ended December 31, 2025, Firefly Neuroscience reported revenue of $1,142 thousand, surging 957% from $108 thousand in 2024, with gross profit rising to $645 thousand from $108 thousand. However, operating expenses decreased modestly to $9,501 thousand from $10,162 thousand, narrowing the operating loss to $8,856 thousand from $10,054 thousand, but total loss before income tax widened sharply to $19,877 thousand from $10,458 thousand due to $9,369 thousand in derivative fair value changes and $1,353 thousand loss on settlement. The filing emphasizes significant liquidity risks raising substantial doubt about the company's ability to continue as a going concern.

  • ·Significant liquidity risks raise substantial doubt about ability to continue as a going concern.
  • ·Risk of delisting from Nasdaq.
  • ·Dependence on senior management team and key personnel.
  • ·Challenges with regulatory approvals from FDA and maintaining compliance with HIPAA and other laws.
SMARTFINANCIAL INC.8-Kpositivemateriality 7/10

31-03-2026

SmartBank promoted Cynthia A. Cain to Chief Operating Officer, effective March 31, 2026, to oversee Operations, Technology, Data, AI Governance, Digital & Innovation, and Payments functions, strengthening leadership amid rapid industry changes. Ms. Cain brings more than 30 years of experience, including prior roles as Chief Accounting Officer at SmartBank since 2019 and Senior Vice President at South State Bank. The appointment positions the bank for long-term growth and operational excellence.

  • ·SmartBank founded in 2007.
  • ·Loan production offices in Columbus, Georgia, and Brentwood, Tennessee.
  • ·Media contact: kelley.fowler@smartbank.com
CIMPRESS plc8-Kpositivemateriality 8/10

31-03-2026

On March 25, 2026, the Board of Directors of Cimpress plc authorized a share repurchase program of up to $200,000,000 for its ordinary shares, with no expiration date, executable on the open market, via private transactions, or self-tender offers. This new authorization replaces and terminates the prior program approved on May 29, 2024. Repurchases are subject to net leverage and capital allocation guidelines from the January 29, 2026 earnings document and may be suspended at any time.

  • ·Previous share repurchase authorization from May 29, 2024 terminated immediately prior to new authorization.
  • ·Repurchases subject to net leverage and near-term capital allocation from January 29, 2026 earnings document.
B. Riley Financial, Inc.8-Kmixedmateriality 9/10

31-03-2026

BRC Group Holdings, Inc. reported strong Q4 and FY 2025 profitability with net income available to common shareholders of $84.8 million and $299.4 million, respectively, versus $0.9 million and a $772.3 million loss in the prior year periods, driven by investment gains, asset sales, and debt reductions including $346.6 million in total debt to $1.43 billion. Adjusted EBITDA turned positive at $104.2 million in Q4 and $231.1 million for FY 2025 from prior losses. However, operating revenues declined 22.5% YoY to $890.8 million for FY 2025, with segment revenue decreases in Wealth Management (down 12.5%), Communications Business Group (down 15.3%), and Consumer Products (down 10.4%), though losses narrowed in Consumer Products.

  • ·Securities and other investments owned increased to $446.8 million at Dec 31, 2025 from $282.3 million at Dec 31, 2024.
  • ·Total Investments increased to $520.5 million at Dec 31, 2025 from $432.6 million at Dec 31, 2024.
  • ·Basic and diluted EPS of $9.80 for FY 2025 versus $(25.46) for FY 2024.
  • ·Earnings call scheduled for March 31, 2026 at 4:30 p.m. ET.
YUNHONG GREEN CTI LTD.8-Kneutralmateriality 4/10

31-03-2026

On March 27, 2026, the Board of Directors of Yunhong Green CTI Ltd. (YHGJ) appointed Fred H.F. Chak as a Director, as disclosed in this Form 8-K filing under Items 5.02 and 8.01. The filing was signed by Jana M. Schwan, Chief Executive Officer, on March 31, 2026. No financial impacts, departures, or other material events were reported.

  • ·Securities registered: Common Stock (YHGJ) on The Nasdaq Capital Market
  • ·Registrant details: Incorporated in Illinois, Commission File Number 000-23115, IRS Employer Identification No. 36-2848943, Address: 22160 N. Pepper Road, Lake Barrington, IL 60010
JPMBB Commercial Mortgage Securities Trust 2014-C2610-K/Aneutralmateriality 3/10

31-03-2026

This 10-K/A amendment for JPMBB Commercial Mortgage Securities Trust 2014-C26 details compliance assessments with Regulation AB Item 1122(d) servicing criteria by Midland and CWCAM. Midland performed most applicable criteria directly or via vendors responsible for monitoring, with several marked N/A such as back-up servicer requirements and investor reporting specifics. No non-compliance issues are reported across applicable criteria.

  • ·Multiple criteria marked N/A for both servicers, including 1122(d)(1)(iii) back-up servicer, 1122(d)(3)(ii)-(iv) investor remittances, and various pool asset administration items like escrow funds and delinquencies.
  • ·Filing date: March 31, 2026
Dedeker Financial LLC13F-HRneutralmateriality 5/10

31-03-2026

Dedeker Financial LLC, an investment manager based in St. Louis Park, MN, filed its quarterly 13F-HR report disclosing equity holdings as of December 31, 2025, with a total portfolio market value of $111,714,483 across 55 positions, all held with sole voting and investment power. The portfolio features heavy exposure to leveraged ETFs and technology stocks, including top holdings such as ProShares Ultra QQQ ($17.8M, 253,178 shares), ProShares Ultra S&P 500 ($9.0M, 155,491 shares), and NVIDIA Corp ($5.2M, 27,929 shares). No comparative data to prior periods is provided in the filing.

  • ·All 55 holdings reported with sole voting power (SH SOLE) and no shared power.
  • ·Portfolio includes leveraged ETFs like Direxion Daily NVDA 2X Shares (6,959 shares, $819,334) and ProShares Ultra Semiconductors (65,653 shares, $3.4M).
  • ·Filed on March 31, 2026, for period ending December 31, 2025.
Investview, Inc.10-Kmixedmateriality 8/10

31-03-2026

Investview, Inc. reported total net revenue of $36,255,669 for the year ended December 31, 2025, a decrease of 31% YoY from $52,381,971 in 2024, driven by sharp declines in membership revenue (-38% to $29,224,823) and mining revenue (-36% to $3,306,756), though partially offset by strong growth in health and wellness product sales (+3,190% to $3,637,357). Total operating costs and expenses fell 12% YoY to $44,515,771 from $50,687,252, providing some relief amid ongoing risks including Polish regulatory proceedings against Conectiv (majority of revenue from Europe), Bitcoin mining curtailments, and dilutive convertible notes from DBR Capital. The filing highlights contraction in Conectiv revenues due to regulatory and macroeconomic pressures, alongside exposures from cryptocurrency holdings and a 30% net assets investment in an early-stage nuclear power venture.

  • ·Private investment represents approximately 30% of net assets (exclusive of cash and government securities) in a special-purpose vehicle for nuclear power technologies.
  • ·SEC inquiry settled in 2025 following commencement in November 2021.
  • ·Lock-up agreements expired in April 2025, potentially impacting stock trading volume.
  • ·Ongoing Polish governmental proceeding against Conectiv could lead to substantial fines, cease and desist, and EU-wide penalties.

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