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As New Research Shows Persistent Funding Gaps, The National Network of Black Foundations & Funds Expands Its Public Presence

Established national network of Black-led and Black-serving foundations and funds begins its first public-facing phase on Aug. 28, Black Giving Day, calling for sustained investment, stronger relationships and greater trust in community-rooted institutions. 

Established national network of Black-led and Black-serving foundations and funds begins its first public-facing phase on Aug. 28, Black Giving Day, calling for sustained investment, stronger relationships and greater trust in community-rooted institutions.

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SMJ International Holdings Inc. Issues Statement Regarding Unusual Market Action

SINGAPORE, Aug. 28, 2026 (GLOBE NEWSWIRE) — SMJ International Holdings Inc. (NYSE American: SMJF) (“SMJ” or the “Company”), a Singapore-based premium flooring specialist that distributes a wide range of premium flooring products under its proprietary “SMJ” brand across Asia markets, today issued the following statement pursuant to Section 401(d) of the NYSE American Company Guide in response to unusual market action on August 27, 2026. The Company has made inquiries and has been unable to determine whether corrective actions are appropriate at this time. The Company is further announcing that the Company is not aware of any material nonpublic information or business developments that have not been publicly disclosed that would account for the recent trading activity.

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Arvind Krishnamurthy Joins SEDA as a Private Credit, Specialty Finance and Alternative Investments Expert

SEDA Experts LLC, a leading expert witness firm providing world-class financial expert witness services, announced today that Arvind Krishnamurthy joined the firm as Managing Director. 

SEDA Experts LLC, a leading expert witness firm providing world-class financial expert witness services, announced today that Arvind Krishnamurthy joined the firm as Managing Director.

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Tokio Marine HCC International Acquires Direct Commercial Limited, a Leading UK Commercial Motor MGA

LONDON, Aug. 28, 2026 (GLOBE NEWSWIRE) —
Tokio Marine HCC International (TMHCCI), a member of the Tokio Marine HCC (TMHCC) group of companies based in Houston, Texas, today announced it has signed a definitive agreement to acquire Direct Commercial Limited (DCL), a specialist UK commercial motor managing general agent with more than two decades’ experience in fleet insurance underwriting, administration and claims services. The acquisition includes DCL’s sister company, Direct Commercial Premium Finance Limited.

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