Banco Chile SEC Filings

WD-40 Company (NASDAQ: WDFC) reported solid year-to-date results for FY-2025 Q3 (nine months ended 31-May-2025), highlighted by topline growth, margin expansion and a one-off tax benefit.

Income statement: Net sales rose 5 % year-to-date to $456.5 million (Q3 alone +1 % to $156.9 million), driven mainly by price/mix and volume recovery in maintenance products. Gross profit climbed 9 % to $251.9 million, lifting gross margin 210 bp to 55.2 % (Q3 margin 56.1 %). Operating expenses grew 11 % (higher SG&A and advertising), but operating income still advanced 5 % to $75.8 million. A $11.9 million release of an uncertain tax position cut the effective tax rate to 5.9 %, pushing net income up 32 % to $69.8 million and diluted EPS to $5.13 (vs. $3.88).

Segment trends:

• Americas revenue +5 % YTD to $213.1 million, supported by WD-40 Multi-Use (+6 %) and Specialist lines (+9 %).
• EIMEA revenue +7 % to $173.8 million; strong price/mix and volume recovery offset Q3 currency headwinds.
• Asia-Pacific essentially flat at $69.6 million; modest growth in Specialist offset softness in other maintenance lines.

Balance sheet & cash flow: Cash rose to $51.7 million; net cash from operations was $58.0 million. Total debt stands at $95.8 million (net leverage <1× EBITDA); all covenants met. Shareholder returns totaled $47.2 million (dividends $37.5 million; buybacks $9.7 million). The existing $50 million repurchase authorization was extended one year to 31-Aug-2026; $32.2 million remains.

Strategic actions: Certain homecare & cleaning brands (inventory, goodwill and intangibles worth $9.3 million) were classified as held for sale, signalling continued portfolio focus on core maintenance products. The UK subsidiary changed functional currency to the Euro, simplifying reporting.

Guidance/Outlook: Management reiterated its four-by-four strategic framework, emphasising gross margin above 55 % and continued investment in brand building. Inflation, FX volatility and HCCP divestiture timing remain key watch-points.

Banco de Chile (NYSE: BCH) has disclosed via a Form 6-K that it completed an offshore bond placement under its Medium-Term Note (MTN) program. On 9 July 2025 the bank issued MXN 1,000,000,000 (≈US$55 million) in notes maturing 17 July 2030. The bonds were priced at TIIE-28d + 105 bps, signalling demand for BCH credit at a modest spread over the Mexican interbank benchmark. The proceeds, tenor and any specific use of funds were not detailed in the filing.

The transaction extends the bank’s debt maturity profile by five years and adds peso-denominated funding from international investors, supporting balance-sheet diversification. No further financial metrics, covenants, or comparative cost of funding were provided.

GS Finance Corp., a subsidiary of The Goldman Sachs Group, Inc., is issuing $592,000 of Autocallable Equity-Linked Notes due July 15, 2030 under its Series F medium-term note program. The notes are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. and will be sold at 100% of face value on the original issue date of July 10 2025.

Structure: the zero-coupon notes provide two potential payment scenarios:

• Automatic call – If, on the single call observation date (July 7 2027), the closing price of each reference stock (UNH, CRWD, AMZN, PLTR, NVDA) is ≥ 80% of its initial price, the notes are redeemed early for $1,450 per $1,000 face amount (45.0% gross return, ≈18% IRR).
• Maturity payment – If not called, holders receive on July 15 2030:
• Face amount × [1 + 100% × lesser-performing stock return] if each final price > initial price.
• Face amount ($1,000) if any final price ≤ initial price.

Reference stock initial prices: UNH $303.71; CRWD $505.46; AMZN $223.47; PLTR $139.12; NVDA $158.24 (all recorded on trade date 07-07-25).

Economics & fees: underwriting discount 1.125%; net proceeds 98.875%. The estimated value at pricing is $938 per $1,000, reflecting model value minus fees and hedging spread. GS &Co.’s bid/ask adjustment ($62) amortises to zero by 10-07-25, after which secondary quotes align with the model value.

Risk / return profile:

• Principal preservation – No loss of principal provided GS and guarantor remain solvent.
• Upside capped – 45% maximum via automatic call; otherwise uncapped but only if all five stocks rise.
• Worst-of basket – Maturity upside linked to single worst performer; any lagging stock nullifies growth.
• Credit risk – Payments depend on GS Finance Corp. and The Goldman Sachs Group, Inc.
• Liquidity – No listing; market-making discretionary; investors may face wide spreads.
• Valuation discount – Issue price exceeds model value by 6.2%, creating negative carry if sold early.

Key dates: Trade 07-07-25 | Issue 07-10-25 | Call observation 07-07-27 | Call payment 07-14-27 | Determination 07-08-30 | Maturity 07-15-30.

Investors seeking equity exposure with principal protection and potential for a 45% pre-maturity return may find the notes attractive, but must weigh valuation discount, concentration in five high-beta technology / healthcare names, call risk, and Goldman Sachs credit exposure.

Genius Group Limited (NYSE American: GNS) has filed a Shelf Registration Statement on Form F-3 that will allow the company to issue, from time to time, up to $1.2 billion of securities, including ordinary shares, preferred shares, debt, warrants, subscription rights and units. The filing also contains a Sales Agreement prospectus supplement covering an at-the-market (ATM) equity program of up to $1.0 billion in ordinary shares to be offered through H.C. Wainwright & Co.

The shelf greatly exceeds Genius Group’s current equity value (~$126 million market capitalization based on 87.8 million shares outstanding at $1.44 on 1 July 2025). If fully utilized, the registration could increase the share count materially and result in significant dilution to existing shareholders.

Use of proceeds: the company may deploy funds for general corporate purposes, M&A, debt repayment, and notably for the purchase of bitcoin in line with its treasury policy adopted in November 2024. Management views bitcoin as a long-term store of value and may periodically finance additional purchases through equity or debt issuance. The prospectus dedicates extensive risk-factor disclosure to bitcoin price volatility, regulatory uncertainty, liquidity constraints and potential Investment Company Act implications if bitcoin were deemed a security.

Capital structure & share information: after a 1-for-10 reverse split in August 2024, Genius Group has 87.8 million ordinary shares outstanding, 6.7 million warrants, a 50 million-share issuance obligation to Entrepreneur Resorts for a prior acquisition, and convertible notes that could add further shares. The shelf leaves flexibility for additional preference shares, debt and hybrid securities subject to shareholder approval under Singapore law.

Strategic context: Genius Group positions itself as a global EdTech and “entrepreneur education” platform with 3.5 million students on GeniusU. Recent acquisitions span early childhood, K-12, vocational and media assets. The company sees bitcoin holdings, strategic acquisitions and ongoing platform investment as pillars of its growth plan.

Key investor considerations:

• The $1.2 billion shelf—particularly the $1 billion ATM—creates a sizeable potential equity overhang relative to current market value.
• Management’s stated intention to buy bitcoin with excess cash means proceeds could be exposed to crypto-market volatility rather than accretive operating investment.
• Expanded disclosure of legal and technical risks underscores the speculative nature of the bitcoin strategy and the possibility of heightened regulatory scrutiny.
• Conversely, the shelf provides financing flexibility for acquisitions and working-capital needs without the delay of additional SEC filings.

Overall, the registration equips Genius Group with a large capital-raising toolset but raises meaningful dilution and risk profile questions for existing shareholders.

Form 4 filing summary for L3Harris Technologies (LHX)

On 1 July 2025, non-employee director Joanna L. Geraghty acquired 168.81 phantom stock units of L3Harris through the company’s 2019 Non-Employee Director Compensation Plan. The units were credited in lieu of a portion of her quarterly cash retainer and are to be settled in L3Harris common stock when she leaves Board service. The reference share value used for the credit was $252.18 per unit.

Following the transaction, Geraghty’s total beneficial holding under the plan increased to 4,430.78 phantom stock units, which includes 13.03 units earned from dividend equivalents since her last report. All holdings are listed as direct and there were no derivative securities involved.

The filing reflects routine director compensation deferral rather than an open-market purchase; therefore, the transaction is unlikely to be materially significant to L3Harris’s share-count or governance profile.