In today’s briefing:
- BlueStar Machine Learning and Quantum Computing Index: 1 Add & US$1bn Trade
- IPO Databook: Haymaker Acquisition Corp V (HYACU US) – Sep 2026
- Base Oils and Lubricants: Weekly Global Market Review – 11 Sep ’26
- Monday Macro Update: More Oil Price Gains, Treading Water, or Turning South?
- IPO Databook: Cryptex Digital Market Cap ETF (BAGZ US) – Sep 2026
- IPO Databook: Dyadic International (DYAI US) – Sep 2026
- IPO Databook: Eloxx Pharmaceuticals (ELOX US) – Sep 2026
- IPO Databook: QVC Group (QVCG US) – Sep 2026
- IPO Databook: Rent the Runway (RENT US) – Sep 2026
- IPO Databook: Barrel Energy (BRLL US) – Sep 2026
BlueStar Machine Learning and Quantum Computing Index: 1 Add & US$1bn Trade
- Quantinuum (QNT US) will be added to the BlueStar Machine Learning and Quantum Computing Index after the close on 18 September.
- Estimated one-way turnover is 9.1% resulting in a round-trip trade of US$1bn. There are a few stocks with decent ADV to trade.
- There are inflows for Honeywell Aerospace, Honeywell International and On Semiconductor and outflows for Arqit Quantum, Horizon Quantum Holdings and Global Unichip.
IPO Databook: Haymaker Acquisition Corp V (HYACU US) – Sep 2026
- Haymaker Acquisition Corp V is a blank check company formed to effect a business combination with one or more businesses or entities. It intends to acquire and operate a business.
- The management team has a proven track record of business combination success with prior SPACs and extensive experience in industrial, consumer, and consumer-related industries.
- Total assets were $342,493 (Actual, June 30, 2026) and $252,216,395 (As Adjusted, June 30, 2026). Shareholders’ deficit was $(33,605) (Actual).
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Base Oils and Lubricants: Weekly Global Market Review – 11 Sep ’26
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The base oils market is approaching the fourth quarter with a smaller supply surplus than usual, as tighter Asian and Group III balances leave less supply available to absorb further disruptions
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The base oils market is approaching the fourth quarter with less surplus than usual, after the third-quarter slowdown failed to produce the usual supply build.
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China and India are putting more pressure on available barrels, with China’s Group II balance tightening as India’s demand extends its recovery.
Monday Macro Update: More Oil Price Gains, Treading Water, or Turning South?
- Given the ongoing uncertainty regarding the Strait of Hormuz, compounded by the uncertainty of the Bab el-Mandeb Strait, it is still hazardous to call a top to this oil market.
- We see some analysts now emerging and stating that the market is now poised for a new phase of renewed price strength well above $100.00 per barrel.
- At this point, from a trading standpoint we will reserve final judgement in terms of the flat price, and remain focused on spread relationships.
IPO Databook: Cryptex Digital Market Cap ETF (BAGZ US) – Sep 2026
- The Cryptex Digital Market Cap ETF is a passive exchange-traded product incorporated in the Cayman Islands. It tracks the Cryptex Digital Market Cap Index by holding market-cap-weighted crypto assets across.
- The Fund holds 19 crypto asset constituents as of September 8, 2026. It intends to stake 26.82% of Portfolio Crypto Assets (ETH, SOL, ADA, HYPE), with a Sponsor Fee of.
- The Fund was incorporated on March 23, 2026, and has no operating history. CTX token price declined 86% from its 52-week high as of August 17, 2026.
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IPO Databook: Dyadic International (DYAI US) – Sep 2026
- Dyadic International, Inc. is a global biotechnology company based in Jupiter, Florida, developing and commercializing precision-engineered, animal-free recombinant proteins and enzymes using proprietary microbial expression platforms.
- The company’s common stock has been listed on Nasdaq under the symbol “DYAI” since April 17, 2019, with 40,063,703 shares outstanding as of September 10, 2026.
- The company has a history of net losses and $6.0 million in 8.0% Senior Secured Convertible Promissory Notes due March 8, 2027.
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IPO Databook: Eloxx Pharmaceuticals (ELOX US) – Sep 2026
- Eloxx Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company developing novel, small molecule product candidates to modulate the ribosome and promote readthrough of premature stop codons.
- Exaluren received Orphan Drug Designation from the FDA for AS, with Phase 2b topline data anticipated by mid-2027.
- The company reported net losses of $8.3 million for the six months ended June 30, 2026, with an accumulated deficit of $308.8 million.
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IPO Databook: QVC Group (QVCG US) – Sep 2026
- QVC Group, Inc. is a global live social shopping company engaged in video and online commerce. This filing registers shares for resale by existing stockholders.
- QVC Group, a global leader in video and social commerce, reported $3.534 billion in net revenue for six months ended June 30, 2026.
- The December 31, 2025 audit report raises substantial doubt about the company’s ability to continue as a going concern.
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IPO Databook: Rent the Runway (RENT US) – Sep 2026
- Founded in November 2009, the company’s mission is to power women to feel their best every day, building the world’s first shared designer closet.
- The company served approximately 3.5 million lifetime customers and had 186,019 total subscribers as of July 31, 2026, generating 90% of revenue.
- Total revenue, net was 187.6 for six months ended July 31, 2026, with a net loss of $(31.8) and an accumulated deficit of $(1,132.2).
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IPO Databook: Barrel Energy (BRLL US) – Sep 2026
- Barrel Energy, Inc. is a Nevada corporation focused on environmental services, renewable energy, and waste-to-value activities via Happy Traps, LLC. It also launched a nutritional products division.
- Barrel Energy operates in environmental services, renewable energy, and waste-to-value sectors, with FY2025 revenue of $211,531 and net income of $23,610.
- Barrel Energy reported FY2025 revenue of $211,531 and net income of $23,610, with substantial doubt about its ability to continue as a going concern.
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