WaFd–EverBank's $3.9B merger, Z.AI's $5B raise, and the Sep. 7–13 Wall Street week (2026)

A $3.9 billion regional bank combination, landmark multi-currency debt and equity issuance by tech firms, and a zero-debut IPO calendar defined US capital markets during the week of Monday, September 7 through Sunday, September 13, 2026 ET.

IPOs and listings

No new operating companies or special purpose acquisition vehicles debuted on major US exchanges during the trading week ending September 11, 2026 1. While market debuts paused, filing activity expanded as four small operating issuers and five blank-check vehicles submitted preliminary prospectuses to the Securities and Exchange Commission 1.

Company	Ticker	Proposed Offer (<latex inline="true" source="M)	Market Cap (" />M)	Filing Date
Rothe Development 1	`RTHD.RC`	$50	Undisclosed	Sep. 10, 2026
Meey Global 1	`MEEY.RC`	$35	Undisclosed	Sep. 11, 2026
Jingrui Wang Pu Holdings Group 1	`JRWP`	$31	$131	Sep. 09, 2026
Hao Feng Group 1	`HFE`	$21	$151	Sep. 08, 2026

Five blank-check vehicles submitted initial prospectuses during the same window:

Allarity Acquisition (ALLNU): Filed for a $100 million offering on September 11, 2026, targeting technology-enabled enterprises 1.
Elevation Acquisition (ELEVU): Filed on September 11, 2026, seeking $100 million for targets in industrial software and infrastructure 1.
Football Manager SPAC (FBLLU): Filed on September 11, 2026, targeting $100 million for acquisitions in sports media and entertainment 1.
Harbour Island Acquisition I (HRIAU): Registered a $100 million offering on September 11, 2026, focusing on consumer and lifestyle businesses 1.
FutureCore Acquisition (FTCRU): Filed on September 10, 2026, seeking $75 million for next-generation compute and supply-chain assets 1.

M&A

EverBank Financial Corp and WaFd, Inc. (Nasdaq: WAFD) entered into a definitive merger agreement on September 7, 2026, creating an expanded nationwide commercial and consumer banking institution with approximately $3.9 billion in transaction value 2. Under the terms of the all-stock transaction, EverBank Financial Corp will merge into WaFd, with WaFd remaining as the surviving holding company 2. Upon closing, the combined holding company will change its name to EverBank Financial Corp and trade on Nasdaq under the ticker EVBK 2.

In the operational merger, WaFd Bank will merge into EverBank, National Association, while EverBank is designated as the accounting acquirer 2. Pro forma ownership allocates approximately 59.2% of the combined company to EverBank shareholders and 40.8% to WaFd shareholders 2. Management expects the transaction to generate approximately 29% earnings-per-share accretion in fiscal 2027, an earn-back period of tangible book value dilution under two years, and an estimated pro forma return on average tangible common equity (ROTCE) of 15% 2. The merger is scheduled to close in early 2027, subject to bank regulatory approvals and approval by WaFd shareholders 2.

Regulatory and policy

Senior leadership from the Securities and Exchange Commission, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Federal Reserve Board, and Bank of England published a joint readout on September 11, 2026, regarding their recurring cross-border exercise on Central Counterparty (CCP) resolution 3. The exercise, conducted on September 3, 2026, examined resolution strategies and mutual operational coordination under scenarios involving distress at systemic clearinghouses 3. The agencies reviewed information-sharing protocols, cross-border crisis communication mechanisms, and public stability safeguards designed to preserve clearing access without triggering market spillovers 3.

Earnings and market-moving results

Oracle Corporation (NYSE: ORCL) reported fiscal 2027 first-quarter financial results on September 10, 2026, highlighted by accelerating cloud infrastructure revenue and long-term contract expansions 4. Total first-quarter revenues grew 30% year-over-year in US dollars to $19.3 billion 4. Total cloud revenue increased 62% to $11.6 billion, led by a 121% surge in Cloud Infrastructure (IaaS) revenue to $7.4 billion 4. GAAP diluted EPS grew 55% to $1.56, and non-GAAP diluted EPS increased 30% to $1.92 4.

Oracle’s remaining performance obligations (RPO) rose by $209 billion during the quarter to reach $664 billion, supported by more than $30 billion in newly signed AI cloud agreements 4. To finance continuous capital expenditures for data center infrastructure, Oracle completed $20 billion of common stock sales through an at-the-market equity program during the period 4. Operating cash flow rose 184% over the trailing twelve months to $23 billion, while free cash flow stood at negative $5 billion as infrastructure investment accelerated 4. Management guided second-quarter revenue growth to between 30% and 34%, with cloud revenue growth between 65% and 71%, while reaffirming a full fiscal 2027 target of at least $90 billion in revenue and $8.10 in non-GAAP EPS 4.

Elsewhere in consumer and specialty earnings:

ODDITY Tech (Nasdaq: ODD): Delivered second-quarter 2026 net revenue of $181 million on September 9, 2026, down 25% year-over-year, alongside net income of $13 million and adjusted EBITDA of $13 million 5. The company held $561 million in cash, cash equivalents, and short-term investments with an untapped $350 million credit facility, while reducing full-year fiscal 2026 revenue guidance to an expected 19% decline following advertising algorithm dislocations at IL MAKIAGE's primary acquisition partner 5.
Academy Sports and Outdoors (Nasdaq: ASO): Reported second-quarter fiscal 2026 net sales of $1.647 billion on September 9, 2026, up 3.0% year-over-year, while comparable store sales slipped 0.4% 6. GAAP diluted EPS rose 17.3% to $2.17 and adjusted EPS climbed 19.1% to $2.31, leading management to raise full-year GAAP EPS guidance to $6.05–$6.45 and adjusted EPS guidance to $6.50–$6.90 6.

Major financings

Amazon.com priced its first-ever British pound sterling debt offering on September 9, 2026, raising £4.25 billion (approximately $5.76 billion) across four tranches to support enterprise capital investments and cloud computing capacity, according to lead manager data reported by Reuters 7. The transaction structure consisted of four tranches:

A 3-year tranche of £1.25 billion with an initial yield around 5.2% 7;
A 6-year tranche of £1.0 billion 7;
A 12-year tranche of £1.0 billion 7; and
A 19-year tranche of £1.0 billion pricing near a 6.7% yield 7.

Investor demand generated an aggregate order book in excess of £10.65 billion, demonstrating appetite for prime US corporate credit as hyperscale technology providers diversify funding sources across international debt pools 7.

In global capital markets over the weekend:

Z.AI (HKEX: 2513): Completed a $5.0 billion dual financing package on September 13, 2026, consisting of a $2.0 billion equity placement and $3.0 billion in convertible bonds, according to regulatory filings reported by Reuters 8. The company issued 21.97 million new shares at HK$714 each (a 10% discount to its September 11 closing price of HK$793) alongside 20.14 billion yuan ($3.0 billion equivalent) of US-dollar-settled, zero-coupon convertible bonds maturing in September 2027 8. The bonds priced at 100.5% of par with an initial conversion price of HK$892.50 per share (a 25% premium above the share placement price), with approximately 60% of net proceeds dedicated to developing next-generation models and automated self-training architecture 8.