Neighborhood Intelligence, Inc. Common Stock

Akamai Technologies shares jumped 23% after the company announced a seven-year, $11.6B agreement with Anthropic to provide cloud infrastructure and software supporting CPU workload growth at scale, a deal that could reach $20B if certain conditions are met. As part of the agreement, Akamai granted Anthropic warrants representing about 5% of its common stock, with 2% expected to vest initially and the remaining 3% tied to an additional $9B in cloud service purchases over the seven-year term. Fathom Holdings rose 23% and Neighborhood Intelligence gained 4% after the companies agreed to explore an alternative transaction replacing their previously announced merger agreement, under which NXH would contribute its roughly 38.8% direct and indirect stake in tZERO Group, Medici-related fund assets, and its investment in GrainChain to Fathom, with the contributed digital assets valued at no less than $130M, in return for newly issued Fathom shares and an expected controlling interest in Fathom. Select Water Solutions climbed 6% after agreeing to acquire private water midstream company Pilot Water Solutions for $700M in cash and stock, plus up to $15M in contingent consideration, comprising $600M in cash and $100M in Class A shares, with debt financing commitments from JPMorgan Chase and Bank of America and an expected close in Q4 2026. Scholastic plunged 12% after reporting wider-than-expected FQ1 losses and a 4% Y/Y revenue decline driven by soft educational spending, though it reaffirmed its full-year 2027 outlook for revenue growth of 2% to 4%, adjusted EBITDA of $135M to $145M, and free cash flow of $35M to $40M. Zscaler fell 4% after appointing Ross Tackett as Chief Revenue Officer effective October 1, 2026, succeeding Mike Rich, who is stepping down for personal reasons but will remain as a strategic advisor through December 31, 2026.

Fathom Holdings and Neighborhood Intelligence have agreed to explore an alternative transaction that would replace their previously announced merger agreement. Under the proposed structure, Neighborhood would contribute its roughly 38.8% direct and indirect stake in tZERO, Medici-related fund assets, and its GrainChain investment to Fathom, with the contributed digital assets valued at no less than $130M. In exchange, NXH would receive newly issued Fathom shares and is expected to retain a controlling interest in Fathom after the transaction. The companies said the proposed structure would allow Fathom to pursue additional acquisitions while expanding its brokerage and title operations, and they also plan to explore blockchain and tokenization applications in real estate, including potential commercial real estate and single-family rental assets. The previously announced deal, under which Fathom shareholders would have received 0.2236 NXH shares per Fathom share, is expected to be terminated. FTHM shares rose 27% post-market.

Neighborhood Intelligence has decided not to proceed with its planned acquisition of F9 Brands after determining that F9 was unable to satisfy all closing requirements within the expected timeframe. The company also will not enter into a commercial or strategic collaboration with F9, and the two will continue to operate independently, with the terms and economics of the previously announced acquisition agreement no longer in effect. No shares will be issued and no acquisition capital will be deployed in connection with the proposed F9 transaction. As of August 31, after giving effect to the completed acquisitions of The Container Store, Kirkland's, Installed Right, and SFV Construction Services, Neighborhood had approximately 97M shares of common stock issued and outstanding. CEO Marcus Lemonis said disciplined capital allocation and protecting shareholder value are central to how the company evaluates every transaction, adding that the seller was unable to satisfy the closing conditions essential to its confidence in any business it acquires. Looking ahead, Neighborhood plans to remain focused on the strength of its Home Services platform, anchored by Elfa, Closet Works, and SFV Construction Services, and on pursuing opportunities that meet its strategic, financial, and operational standards.