Notes

A news scan found the headline 'TCOM September 11 catalog hurdle C50'. The contract is C50, with a strike price of 50 and a premium of 0.08. The cost reserve is 0.05. The hurdle percentage is 28.472578165043565. There are 0 hits. The coverage percentage is 0. The mean intrinsic x premium is 0, and the max intrinsic x premium is also 0. The mean net proxy dollars is -13. The target price 3R net is 0.37. The target intrinsic hits is 0, the train hits is 0, and the holdout hits is 0. This was computed on September 12, assuming a total cost of 0.05 per share. It includes vectorbt 10bp fees and slippage of 10 or 30bp on each side. This is part of the SIP main study, where intrinsic does not include option profit and loss. The last 2 events are known holdout, not fresh out of sample. option_contracts ; https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the following data: contract P40 has a strike price of 40, a premium of 2.08, and a cost reserve of 0.05. The hurdle percentage is 2.9472065607380973, with 3 hits and a coverage percentage of 33.33333333333333. The mean intrinsic times premium is 0.9852715003600093, and the maximum intrinsic times premium is 2.825222212992187. The mean net proxy dollars is -8.063527925118041, with a target price of 8.370000000000001 for a 3R net. There were 0 target intrinsic hits, 2 train hits, and 1 holdout hit. This was computed on September 12, assuming a total cost of 0.05 per share. The study used vectorbt with 10 basis point fees and 10 or 30 basis point slippage on each side, and was based on the SIP main study, where intrinsic value is not the same as option profit and loss. The last 2 events were known holdout events, not fresh out of sample events. option_contracts ; https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the following data: contract C40, strike price 40, premium 1.47, cost reserve 0.05, hurdle percentage 6.406970784213223, hits 2, coverage percentage 22.22222222222222, mean intrinsic times premium 0.48624746751709963, max intrinsic times premium 3.293215095810112, mean net proxy dollars -80.52162227498634, target price 3R net 5.93, target intrinsic hits 0, train hits 2, holdout hits 0. This data was computed on September 12. A cost of 0.05 per share was assumed as the total cost. The study used vectorbt with 10 basis point fees and slippage of 10 or 30 basis points on each side. The main study was based on SIP, where intrinsic value is not the same as option profit and loss. The last 2 events were known holdout events, not fresh out of sample events. option_contracts ; https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the headline is not available, but a data line was found for a contract called P35. The contract has a strike price of 35, a premium of 0.4, and a cost reserve of 0.05. The hurdle percentage is 11.455663762173259, and there was 1 hit. The coverage percentage is 11.11111111111111. The mean intrinsic x premium is 0.3610510072352488, and the max intrinsic x premium is 2.1911555075593725. The mean net proxy dollars is -30.557959710590048. The target price 3R net is 1.6500000000000001, and there are 0 target intrinsic hits, 0 train hits, and 1 holdout hit. This data was computed on September 12. It assumes a total cost of 0.05 per share. Vectorbt 10bp fees and slippage of 10 or 30bp on each side were used. This is part of the SIP main study, where intrinsic does not include option profit or loss. The last 2 events are known holdout events, not fresh out of sample events. option_contracts ; https://runway.adityaperswal.workers.dev/data/stock-bars

A data scan found the following information about the SOL symbol. The data was observed on 2026-09-12 at 08:07:50.086322+00:00 from the source https://runway.adityaperswal.workers.dev/data/crypto-bars. The data includes 6101 observations with 1 missing hour. The last observed price was 101.645. The hourly standard deviation percentage, which measures how much prices typically vary from their average, was 0.6716982821684605. The standard deviation percentage was 0.5896224891614008 on weekends and 0.7017390316702797 on weekdays. The lowest 1% of hourly returns were -1.9401703232696188%, and the highest 1% were 2.080474790373521%. The daily standard deviation percentage was 3.3377745344400167. Funding data from https://www.okx.com/api/v5/public/funding-rate-history showed 100 observations from 2026-08-10 08:00:00+00:00 to 2026-09-12 08:00:00+00:00. The latest realized funding rate, which is the rate at which investors are paid to hold a position, was 0.8719517777829999 basis points. The prior median funding rate was 0.121511314192 basis points. The latest funding rate was in the 75.75757575757575 percentile, meaning it was higher than 75% of the prior rates. The sum of the funding rates over the period was 23.329550194861998 basis points. All data from Jan 1 to Sep 12 at 07 UTC was reindexed, with no forward filling and one missing hour per asset. The funding data includes 100 8-hour settlements from Aug 10 to Sep 12, with the latest rate ranked against the prior 99 rates. This is a small sample from a single venue and may not represent extreme universal values. https://runway.adityaperswal.workers.dev/data/crypto-bars ; https://www.okx.com/api/v5/public/funding-rate-history

A news scan found the headline 'TCOM September 11 catalog hurdle C45'. The details are as follows: the contract is C45, with a strike price of 45 and a premium of 0.3. The cost reserve is 0.05, and the hurdle percentage is 16.22245002562788. There are 0 hits, and the coverage percentage is 0. The mean intrinsic x premium is 0, and the max intrinsic x premium is also 0. The mean net proxy dollars are -35, and the target price 3R net is 1.25. The target intrinsic hits are 0, the train hits are 0, and the holdout hits are 0. This data was computed on September 12, assuming a total cost of 0.05 per share. The calculation includes vectorbt 10bp fees and slippage of 10 or 30bp on each side. This is part of the SIP main study, where intrinsic value is not the same as option profit and loss. The last 2 events are known holdout events, not fresh out-of-sample events. option_contracts ; https://runway.adityaperswal.workers.dev/data/stock-bars

The symbol is ETH, which is a type of cryptocurrency. The data was collected from the website https://runway.adityaperswal.workers.dev/data/crypto-bars and was last observed on 2026-09-12 at 08:07:50. There are 6101 data points, with 1 hour of data missing. The last price recorded was 2523.0075. The hourly standard deviation percentage, which measures how much prices typically fluctuate in an hour, is 0.6221158993634649. The standard deviation percentage is different on weekends, at 0.49082659132016093, and on weekdays, at 0.6672324391926564. The lowest 1% of hourly returns were -1.918972256926843, and the highest 1% were 1.8883034505551732. The daily standard deviation percentage, which measures how much prices typically fluctuate in a day, is 3.3234743374597366. Funding data was collected from the website https://www.okx.com/api/v5/public/funding-rate-history, with 100 data points from August 10, 2026, to September 12, 2026. The latest realized funding rate was 0.46307586520300004, which is the percentage of the price that is paid as a fee. This rate is ranked 36.36363636363637th percentile compared to the previous 99 rates. The sum of the funding rates over the period was 62.30729841974101. All data from January 1 to September 12 at 07 UTC has been reindexed, with no forward filling of missing data, resulting in one missing hour per asset. The funding data is based on 100 realized 8-hour settlements from August 10 to September 12, with the latest rate ranked against the previous 99 rates. This is a small sample from a single venue and may not represent extreme universal values. https://runway.adityaperswal.workers.dev/data/crypto-bars ; https://www.okx.com/api/v5/public/funding-rate-history

The symbol is BTC and the data comes from https://runway.adityaperswal.workers.dev/data/crypto-bars. The data was observed on 2026-09-12 at 08:07:50.086322+00:00. There are 6101 data points with 1 missing hour. The last price is 77260.8. The hourly standard deviation percentage is 0.4684780011183059, the weekend standard deviation percentage is 0.3318302816351641, and the weekday standard deviation percentage is 0.5128330291503168. The first percentile of hourly return is -1.323930456619371 and the 99th percentile is 1.3898782940221732. The daily standard deviation percentage is 2.4343548751829758. Funding data comes from https://www.okx.com/api/v5/public/funding-rate-history with 100 data points from 2026-08-10 08:00:00+00:00 to 2026-09-12 08:00:00+00:00. The latest realized funding rate is 0.85537509116 basis points, the prior median is 0.6465002350419999 basis points, the 5th percentile is 0.004731845864200009 basis points, and the 95th percentile is 1 basis point. The latest funding rate is at the 69.6969696969697 percentile. The sum of funding rates over the period is 62.64095495056999 basis points. All data from January 1 to September 12 at 07 UTC has been reindexed with no forward filling, resulting in one missing hour per asset. The funding data includes 100 8-hour settlements from August 10 to September 12, with the latest rate ranked against 99 prior rates. This is a small sample from one venue and may not represent extreme universal values. https://runway.adityaperswal.workers.dev/data/crypto-bars ; https://www.okx.com/api/v5/public/funding-rate-history

A news scan found the summary of a trading fund's performance. The fund had 9 events, with a median absolute percentage change of 5.543964232488808 and a mean percentage change of -0.9087158982539398. The minimum percentage change was -12.548596112311007 and the maximum was 14.918057895542947. There were 4 positive events. The mean confidence interval at 95 percent was between -6.041939156000394 and 4.510271064821717 percent. An audit was done on the following dates: February 21, 2024, May 20, 2024, November 18, 2024, February 24, 2025, August 27, 2025, November 17, 2025, February 25, 2026, and June 24, 2026. The audit compared old and new move percentages and Yahoo and SIP move percentages. A sensitivity analysis was done on August 26, 2024, with a pre-close price of 42.15 and a next-close price of 45.76, resulting in an 8.564650059311973 percent move. This analysis had 10 events, a median absolute percentage change of 6.067763516052654, and 1 P35 hit. The report was computed on September 12 at 08 UTC and included a SIP main study and a Yahoo separate comparison, assuming costs and excluding intrinsic and option PnL, with a known holdout and not new prospective out-of-sample data. option_contracts ; https://runway.adityaperswal.workers.dev/data/stock-bars ; https://query1.finance.yahoo.com/v8/finance/chart/TCOM

A news scan found the headline about TripCom Group Limited's first quarter 2026 financial report, which was released on June 24, 2026, after the market closed. The stock price of TCOM was 46.3 before the market closed, then it opened at 40.155 and closed at 40.49 on the same day. The price moved down by -0.12548596112311006, with a gap of -0.13272138228941677 and a low of -0.178401727861771. The Relative Strength Index, which is a measure of stock price movement, was 42.93028014844786. The Momentum, which is a measure of stock price change, over 20 days was -0.022175290390707536. The Average True Range percentage, which is a measure of stock price volatility, was 0.02815874730021598. The stock price was below the 50-day moving average. The move on Yahoo Finance was -0.1254859104607322. This data was retrieved on September 12 at 08:05 UTC, with 926 SIP adjustments made to all bars from January 2023 to September 11, 2026, and no pagination. The prior 8 moves were identical, with the last change on May 19, 2025. The date quotes for the prior 8 moves were preserved from observations 23719 to 23733, and the new schedule was reverified on May 6. The exact price timestamps are not available for daily option quotes. https://investors.trip.com/news-releases/news-release-details/tripcom-group-limited-report-first-quarter-2026-financial ; https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the headline for Trip.com Group Limited's fourth quarter and full year 2025 report, which was released on February 25, 2026, after the market closed. The stock price for TCOM was 53.66 before the market closed, then opened at 52.175 and closed at 52.27. This was a move of -0.0259, with a gap of -0.0277 and a low of -0.0391. The relative strength index, or a measure of how quickly the stock price is changing, was 32.27. The momentum over 20 days, or the speed of the stock price change, was -0.1406. The average true range percentage, or a measure of how much the stock price is moving, was 0.0317. The stock price was below 50. On Yahoo, the move was -0.0259. This data was retrieved on September 12 at 08:05 UTC, with 926 SIP adjustments from January 2023 to September 11, 2026. The prior 8 moves were the same, and the data from May 19, 2025, was newly restored. The date quotes for the prior 8 moves were preserved from observations 23719 to 23733, and the new schedule from May 6 was reverified. The exact price timestamps for daily option quotes were not available. https://investors.trip.com/news-releases/news-release-details/tripcom-group-limited-report-fourth-quarter-and-full-year-2025 ; https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the headline about Trip.com Group Limited's third quarter 2025 financial report, which was released on November 17, 2025, after the market closed. The stock's pre-close price was 70.89, it opened at 70.96, and closed at 72.44. The stock moved up by 0.02186486105233465, with a gap of 0.000987445337847337, and a low of -0.001833827056002213. The Relative Strength Index, which is a measure of stock price momentum, was 45.46338410451394. The momentum over 20 days, which is a measure of the stock's speed, was -0.00686466797422236. The Average True Range percentage, which is a measure of volatility, was 0.022922838200028193. The stock was not above its 50-day moving average. The move on Yahoo Finance was 0.021864904289788267. This data was retrieved on September 12 at 08:05 UTC, with 926 SIP adjustments made to all bars from January 2023 to September 11, 2026, with no pagination. The prior 8 moves were identical, and the data from May 19, 2025, was newly restored. The date quotes for the prior 8 moves were preserved from observations 23719 to 23733, and the new schedule from May 6 was reverified. The exact price timestamps for daily options quotes were not executable. https://investors.trip.com/news-releases/news-release-details/tripcom-group-limited-report-third-quarter-2025-financial ; https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the headline that Trip.com Group Limited will report second-quarter and first-half 2025 earnings on August 27, 2025, after the market closes. The stock price for TCOM on that day was 65.29 before the market opened, 70.19 when it opened, and 75.03 when it closed, which is a move of 0.14918057895542947, or a percentage change, and a gap of 0.07504977791392231, with a low of 0.06708531168632259. This data is part of a larger set of 664 observations, including the Relative Strength Index, or RSI, which is 58.9005041933399, and the Momentum over 20 days, or mom20, which is 0.057670500566985305. The Average True Range, or atr, as a percentage, is 0.02640764282432227. The stock price was above the 50-day moving average, which is an average of the stock prices over the last 50 days. The data was retrieved on September 12, 2025, at 08:05 UTC, and includes 926 SIP adjustments for all bars from January 2023 to September 11, 2026. The prior 8 moves were identical, and the schedule was newly restored on May 19, 2025. The date quotes for the prior 8 moves were preserved from observations 23719 to 23733, and the new schedule was reverified on May 6. https://investors.trip.com/news-releases/news-release-details/tripcom-group-limited-report-second-quarter-and-first-half-2025 ; https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the report for TCOM on 2025-05-19. The report is available at https://investors.trip.com/node/14891/pdf. It was released on Monday, May 19, 2025, after the market closed. The stock price before the report was released was 67.1. The next day, on 2025-05-20, the stock opened at 63.65 and closed at 63.38. This means the stock price moved down by -0.05543964232488807, with a gap of -0.05141579731743662, and the lowest move was -0.08673621460506697. The relative strength index, which is a measure of how quickly a stock is changing price, was 69.06555730133836. The momentum over 20 days, which is a measure of how fast a stock is rising, was 0.21447963800904968. The average true range percentage, which is a measure of how much a stock's price is changing, was 0.02435909090909091. The stock was above the 50-day moving average, which is a measure of the stock's price over the last 50 days. The move on Yahoo was -0.05543960492697442. This data was retrieved on September 12 at 08:05 UTC, with 926 SIP adjustments for all bars from January 2023 to September 11, 2026. The prior 8 moves were identical, and the May 19, 2025, move was newly restored. The date quotes for the prior 8 moves were preserved from observations 23719 to 23733, and the new May 6 schedule was reverified. The exact price timestamps for daily options were not executable. https://investors.trip.com/node/14891/pdf ; https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the headline about Trip.com Group Limited's fourth-quarter and full-year 2024 earnings report, which was released on February 24, 2025, after the market closed. The stock price for TCOM was 64.37 before the market closed, then opened at 58.77 and closed at 57.04. This means the stock price moved down by -0.1139, with a gap of -0.087, and a low of -0.1401. The Relative Strength Index, which is a measure of stock price movement, was 40.99. The momentum over 20 days, which is a measure of stock price speed, was -0.0959. The average true range percentage, which is a measure of stock price volatility, was 0.0435. The stock price was below the 50-day moving average. The move on Yahoo Finance was -0.1138. This data was retrieved on September 12 at 08:05 UTC, and includes adjustments to all bars from January 2023 to September 11, 2026. The prior 8 moves were identical, and the data from May 19, 2025, was newly restored. The date quotes for the prior 8 moves were preserved from observations 23719 to 23733, and the new schedule from May 6 was reverified. The exact price timestamps are not available for daily executable option quotes. https://investors.trip.com/news-releases/news-release-details/tripcom-group-limited-report-fourth-quarter-and-full-year-2024 ; https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the headline about Trip.com Group Limited's third-quarter 2024 financial report on 2024-11-18. The report was published at 17:02:29-0500 on the same day. The stock's pre-close price was 61.04, it opened at 63.61, and closed at 62.46. The stock moved 0.02326343381389262, with a gap of 0.042103538663171625 and a low of 0.005242463958060384. The Relative Strength Index, a measure of stock performance, was 47.11569704209719. The momentum over 20 days, which is a measure of the speed of price changes, was 0.01344844761746633. The average true range percentage, a measure of volatility, was 0.03312581913499342. The stock was above the 50-day moving average, which is a measure of the stock's price over the past 50 days. The move according to Yahoo was 0.023157240552994285. This data was retrieved on September 12 at 08:05 UTC, with 926 SIP adjustments made to all bars from January 2023 to September 11, 2026. The prior 8 moves were identical, and the data from May 19, 2025, was newly restored. The date quotes for the prior 8 moves were preserved from observations 23719 to 23733, and the new schedule from May 6 was reverified. The exact price timestamps for daily option quotes were not executable. https://investors.trip.com/news-releases/news-release-details/tripcom-group-limited-report-third-quarter-2024-financial ; https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the headline about Trip.com Group Limited's first quarter 2024 financial report, which was released on May 20, 2024, after the market closed. The stock price of TCOM was 56.79 before the market closed, then it opened at 56.2 and closed at 55.58. This means the stock price moved down by -0.02130656805775666, or a gap of -0.010389153019897845 from the previous close, with a low of -0.04261313611551332. The Relative Strength Index, which is a measure of stock price movement, was 75.83406815123143. The Momentum, which is a measure of stock price speed, over 20 days was 0.15591288418481564. The Average True Range percentage, which is a measure of stock price volatility, was 0.025215706990667372. The stock price was above the 50-day moving average. The move on Yahoo was -0.021384705036303187. This data was retrieved on September 12 at 08:05 UTC, with 926 SIP adjustments for all bars from January 2023 to September 11, 2026, and no pagination. The prior 8 moves were identical, and the data from May 19, 2025, was newly restored. The date quotes for the prior 8 moves were preserved from observations 23719 to 23733, and the new schedule for May 6 was reverified. The exact price timestamps for daily option quotes are not executable. https://investors.trip.com/news-releases/news-release-details/tripcom-group-limited-report-first-quarter-2024-financial ; https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the headline about TripCom Group Limited's fourth-quarter and full-year 2023 earnings report, which was released on February 21, 2024, after the market closed. The stock price of TCOM was 41.72 before the market closed, then opened at 44.7 and closed at 44.47. This means the stock price moved up by 0.06591562799616502, or 0.0659%, and had a gap of 0.07142857142857162, which is the difference between the opening price and the previous closing price. The lowest price during this time was 0.03499520613614582 below the opening price. The Relative Strength Index, or RSI, which measures the stock's recent performance, was 73.10077543461227. The momentum over 20 days, or mom20, was 0.1624407913067707. The average true range percentage, or atr_pct, which measures the stock's volatility, was 0.023298178331735402. The stock price was above the 50-day moving average. The move according to Yahoo was 0.0658553646285358. This data was retrieved on September 12 at 08:05 UTC, with 926 SIP adjustments made to all bars from January 2023 to September 11, 2026. The prior 8 moves were identical, and the data from May 19, 2025, was newly restored. The date quotes for the prior 8 moves were preserved from observations 23719 to 23733, and the new schedule from May 6 was reverified. The exact price timestamps for daily option quotes were not executable. https://investors.trip.com/news-releases/news-release-details/tripcom-group-limited-report-fourth-quarter-and-full-year-2023 ; https://runway.adityaperswal.workers.dev/data/stock-bars

The BSIN R91208 development has a throughput and liquidity baseline. As of August 11, the issuer reported a second-quarter inlet of 8 million cubic feet per day and a yearly helium target of 14 million cubic feet. The yearly carbon dioxide target is 125,000 tons. The issuer expects its first revenue in the first quarter of 2027. On June 30, the company had 5.987 million in cash, 4.5 million in debt, and 21.487 million in liquidity. By August 4, the cash had decreased to 4.9 million and the debt had increased to 8.5 million, resulting in 16.4 million in liquidity after drawing 4 million in debt. The company is awaiting an active review from the Environmental Protection Agency, or EPA, for its MRV, which is a method of measuring, reporting, and verifying emissions, and has a forecasted value of 130 million over 45 quarters, but this value is not in cash. The company's general and administrative expenses for the quarter were 1.8 million. The same origin SEC exhibit does not provide independent corroboration. https://ir.bigskyindustrialinc.com/news-releases/news-release-details/big-sky-industrial-inc-reports-second-quarter-2026-results-and

For the August 11 filing period of the first half of the year, which ended on June 30, the operating cash flow was a negative 3.252 million. The company spent 9.700 million on industrial gas capital expenditures, 0.303 million on oil and gas capital expenditures, and 0.091 million on industrial gas acquisitions. The total investing activities were a negative 10.094 million. There is a discrepancy of 9.6 million between the statement table and the narrative for industrial spend, so the table will be retained as is and the discrepancy will be flagged. The company faces several risk factors, including the fact that substantially all of its helium is committed at a fixed price, which exposes it to inflation, cost, commencement, and counterparty risks. The company also faces risks related to EPC procurement and commissioning. The price of helium is not very flexible, meaning it does not change much with changes in the stock of helium. https://www.sec.gov/Archives/edgar/data/101594/000143774926026861/bsin20260613_10q.htm

The issuer has a contract starting on April 27 for a five-year period with a 100% take-or-pay agreement for production, up to 1.2 million cubic feet per month or 14.4 million cubic feet per year. The price at the plant gate is 285 USD per thousand cubic feet, and the counterparty will take care of transport and downstream costs, which are costs associated with moving and processing the helium after it leaves the plant. The Consumer Price Index, or CPI, which is a measure of inflation, will be used to adjust the price starting on March 1, 2028. In the third year, there will be a redetermination of the price, and the buyer will have a right of first refusal, or ROFR, with a 5% premium. The contract is set to commence on July 1, 2027. The target is to start operations in the first quarter of 2027, but this will not generate current revenue. The closest issuer is promotional, meaning they are trying to sell the contract, but it is not assumed that the buyer will be investment grade, meaning a high-quality buyer, or that they will use a letter of intent, or LIN, an agreement in principle, or APD, or artificial intelligence, or AI. https://ir.bigskyindustrialinc.com/news-releases/news-release-details/us-energy-corp-signs-five-year-helium-offtake-agreement

A news scan found the headline retrieved on September 12 from 08:02 to 08:05 UTC. This is about Pixclara, which had an original quote with a goal date of September 11, 2026. The news landing page was inspected and it does not contain any decision about Pixclara that has been recovered. The status of Pixclara is unknown and there is no evidence that it is delayed or pending. The TLX option contracts from September 22 to October 16 show returns of 0 with no pagination. There are no matched FDA studies, no priced contracts, and no 3x exceptions, which means the candidate instrument and date-state gates are rejected. The FDA aggregate calendar table is empty in the renderer, but this does not prove that there are zero FDA events from September 14 to 15. https://telixpharma.com/news-views/ ; https://telixpharma.com/news-views/fda-accepts-nda-for-tlx101-px-pixclara/ ; option_contracts

A news scan found the calculation from September 12: the annual expense of 0.72 percent times 90 days out of 365 days implies about 0.12044 per share over 90 calendar days, which is already included in the ETF history and not an extra deduction. The pending order has a limit of 67.84, a stop at 65.93, and a target of 75.11, which would result in a nominal loss of 1.91, an upside of 7.27, and a ratio of 3.806283. The binary breakeven is 20.8061 percent before costs, gaps, and timeouts. There is no measured win probability. The pending receipt is for a venue query trades order 11. https://www.ishares.com/us/products/239637/ishares-msci-emerging-markets-etf

A news scan found the report of a penalty on July 25, 2026, at 10:00 local time, which was retrieved on September 12 at 08:07 UTC. The regulator imposed a fine of 3.521 billion RMB, which is 7.5% of TCOM's 2025 sales in China, amounting to 46.958 billion RMB, and also confiscated 1.658 billion RMB, making the subtotal 5.179 billion RMB. Additionally, the regulator required a refund of hotel reserves of 0.122 billion RMB, bringing the total to 5.301 billion RMB. The regulator ordered TCOM to stop exclusivity and lowest-across-platform price restrictions and to rectify its conduct, which the regulator said had been ongoing since 2020. The calculation of 7.5% of 46.958 billion RMB is 3.52185 billion RMB, but the official amount of 3.521 billion RMB will be used. The timing of payment, accounting provisioning, and actual cash paid have not been verified. This regulator's decision fills in the former amounts and remedies, and TCOM's acceptance on July 25 confirms receipt of the decision, but does not independently determine the business impact. https://www.samr.gov.cn/xw/zj/art/2026/art_46d2c74cbd7249f189622dd030e3c3a7.html

On August 5, the original Team Arc was retrieved on September 12 and it retains the public mainnet date of September 16. Currently, it is on a private mainnet with over 100 ecosystem and institutional builders. The fee payments will start with USDC, and the permissioned validator set and features are subject to change. The count is based on the issuer's claim, not independently measured paying users, and the activation hour is not specified here. Existing 104 out of 307 remain, with no incremental demand inference for ETH or SOL. https://www.arc.io/blog/arc-mainnet-goes-live-on-september-16-2026