By Kelly Cloonan

GH Research will provide an update on its application for a therapy for treatment-resistant depression with the Food and Drug Administration as well as its Phase 3 study of the drug on Monday morning. The company said in November it was working with experts to address a remaining hold on its application for the treatment. The stock climbed 19% to $15.71 in after-hours trading.

PBF Energy expects its efforts to restore a refinery damaged in a fire early last year will continue into February. The company said it expects to achieve planned operating rates at the beginning of March at its facility in Martinez, Calif. It had previously projected to restart operations at the end of last year. The stock rose 1.3%, to $28.91, after the market close.

BigBear.ai called for the redemption of some of its outstanding notes in a move aimed at reducing its debt. All notes outstanding on Jan. 16 that have not been submitted for conversion will be redeemed for cash at a price equal to the notes' value, plus accrued and unpaid interest, BigBear.ai said. The company expects to eliminate about $125 million of debt, bringing its total note-related debt to about $17 million. Shares ticked down 1% to $5.78 in late trading.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

January 02, 2026 18:17 ET (23:17 GMT)

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