ICC Holdings [ICCH] - Last Close: $16.00ICC has agreed to be acquired by Mutual Capital Group in an all-cash deal valued at $73.8 million, the companies announced Saturday. Under the deal, ICCH shareholders will receive $23.50 for each share of common stock, representing a premium of roughly 47% per share. The deal is expected to close sometime in Q4. ICCH is up 45.1% but volume is very thin at less than 10K shares traded. My Take: Solid deal for ICCH shareholders but it’s probably a little too late to chase after this one if you’re not already in position. Southwest Airlines [LUV] - Last Close: $27.75Paul Singer’s Elliott Investment Management has built a $2 billion stake in Southwest Airlines, according to a Sunday report from The Wall Street Journal. The publication claimed that the activist hedge fund plans to push for changes aimed at turning around the company’s recent underperformance. LUV is up 8.0% on just under 1 million shares traded. My Take: LUV hasn’t had a great year, but Singer’s position could drum up some interest it. However, LUV has a crazy high P/E ratio compared to its industry cohorts, so there could be lots of room to fall here. Big Tree Cloud [DSY] - Last Close: $1.91China’s Big Tree Cloud is rallying after successfully closing its business combination with Plutonian Acquisition Corp. The stock began trading under the new ticker symbol and name on Friday, and shares initially suffered steep declines upon their debut, falling 21%. However, Big Tree Cloud is rebounding in today’s premarket with a 99.5% rally on more than 6 million shares traded. My Take: DSY’s initial sell-off may have been a tad overdone, but this move also has potential to be a pump & dump, so tread lightly here. Spectaire [SPEC] - Last Close: $0.4284Spectaire just landed an initial purchase order of its AireCore units from American Ag Energy, a biomass-to-fuel reactor company. The company says its AireCore units enable precise tuning of the reactors so it can expand its share of the $91 billion biomass energy market. “Our mass spectrometers will deliver the detailed analytical capabilities needed to optimize their reactors, enhancing fuel output and operational efficiency,” said CEO Brian Semkiw. Financial details of the purchase order weren’t disclosed, but SPEC is up 61.% on more than 7 million shares traded in light of the news. My Take: SPEC is down 73% over the past 3 months, but this catalyst could put it back on the right track. Gainers
New Horizon Aircraft [HOVR] >> +105%
AgriFORCE Growing [AGRI] >> +39.5%
Presto Automation [PRST] >> +40.0%
Decliners
Sunshine Biopharma [SBFM] >> (32.4%)
Visionary Education [GV] >> (29.3%)
Perion Network [PERI] >> (24.4%)
Optical Cable [OCC] ... AM
Yext [YEXT] ... PM
Skillsoft [SKIL] ... PM
Zedge [ZDGE] ... PM
Mind Technology [MIND] ... PM None scheduled | 