Oxford BioTherapeutics Enters into a Strategic Collaboration with GSK to Discover Novel Targets for Antibody-Based Therapeutics for the Treatment of Cancer

<article>
 <h2>Oxford BioTherapeutics Partners with GSK for Cancer Therapeutics Development</h2>
 Oxford BioTherapeutics (OBT), a prominent clinical-stage oncology company, has announced a significant multi-year collaboration with GSK, focused on discovering novel antibody-based therapeutics aimed at combating cancer. The partnership, revealed on December 10, 2025, showcases OBT's innovative OGAP®-Verify discovery platform and GSK's extensive drug development expertise.

 <section>
 <h3>Collaboration Overview</h3>
 This strategic collaboration, OBT's second high-profile partnership this year, aims to leverage the strengths of both companies in the field of oncology. The OGAP®-Verify platform is designed to enable the precise identification of oncology targets, enhancing the development of differentiated antibody-based therapies. Under the terms of the agreement:
 <ul>
 <li>Targets will be identified using the OGAP®-Verify platform.</li>
 <li>Joint research will validate these targets.</li>
 <li>GSK will handle further research, development, and commercialization efforts.</li>
 <li>OBT will receive an undisclosed upfront payment and may earn milestone payments along with royalties on net sales of any resulting products.</li>
 </ul>
 </section>

 <section>
 <h3>Leadership Insights on the Collaboration</h3>
 Christian Rohlff, PhD, CEO of Oxford BioTherapeutics, expressed enthusiasm about the collaboration, stating, “We’re delighted to expand our network of world-class partners through this collaboration with GSK. This marks our second major collaboration with a leading global pharma this year—testament to the growing recognition of our proprietary discovery platform.” He emphasized the need for broader access to T-cell engager therapeutics and ADCs, highlighting their potential to serve more cancer patients.

 Chris Austin, M.D., Senior Vice President of Research Technologies at GSK, also commented, “At GSK, we are committed to discovering, developing & delivering novel medicines to patients in need. Our collaboration with Oxford BioTherapeutics enhances our capabilities by integrating a best-in-class proteomics platform for oncology target identification.”
 </section>

 <section>
 <h3>About Oxford BioTherapeutics</h3>
 Oxford BioTherapeutics specializes in discovering and developing first-in-class antibody-based therapies aimed at meeting significant patient needs in cancer treatment. Their focus on Bispecific Antibodies and Antibody Drug Conjugate (ADC) therapeutics reflects a commitment to advancing oncology care.
 The OGAP-Verify platform, characterized by its enhanced sensitivity and reliability, accelerates the biopharma industry’s capacity to identify and validate human targets. Currently, OBT boasts three programs based on OGAP technology in clinical development across the United States and Europe.
 </section>

 <section>
 <h3>Clinical Developments and Future Endeavors</h3>
 OBT's lead clinical program, OBT076, began expansion in a US clinical trial in 2021 aimed at patients with advanced solid tumors, including gastric, bladder, ovarian, and lung cancer. The drug's efficacy is particularly notable in tumors where CD205 is overexpressed, targeting the infiltration of immunosuppressive cells that hinder cancer treatment efficacy.

 The company’s pipeline has gained validation through partnerships with industry giants such as Roche, Boehringer Ingelheim, and Zymeworks, among others.
 </section>

 <section>
 <h3>Contact Information</h3>
 For more information about Oxford BioTherapeutics and its initiatives, visit <a href="http://www.oxfordbiotherapeutics.com">www.oxfordbiotherapeutics.com</a> or follow them on LinkedIn.
 Partnering inquiries can be directed to Dr. Christian Rohlff at <a href="mailto:Partnering@oxfordbiotherapeutics.com">Partnering@oxfordbiotherapeutics.com</a>.
 Media contacts: MEDiSTRAVA - Sylvie Berrebi, Sandi Greenwood, Erica Hollingsworth; Email: <a href="mailto:OBT@medistrava.com">OBT@medistrava.com</a>; Phone: +44 (0)203 928 6900.
 </section>
</article>

MICC

The Magnum Ice Cream Company confirms inclusion in AEX index on Euronext Amsterdam

<article>
 <header>
 <h1>The Magnum Ice Cream Company Confirms Inclusion in AEX Index on Euronext Amsterdam</h1>
 Published on: December 10, 2025 | Source: GlobeNewsWire
 </header>
 
 <section>
 <h2>Significant Milestone for MICC</h2>
 On December 8, 2025, The Magnum Ice Cream Company (TMICC; AEX: “MICC”) officially began trading on the Euronext Amsterdam, marking its inclusion in the prestigious AEX Index. This inclusion comes as part of Euronext's quarterly index review, which evaluates companies based on important criteria such as free-float and market capitalisation.
 </section>

 <section>
 <h2>About the AEX Index</h2>
 The AEX Index is recognized as the main index of the Dutch stock market and consists of the 30 largest and most actively traded companies on Euronext Amsterdam. Being part of this elite index not only enhances the visibility of MICC but also underscores its status as a leading player in the global ice cream industry.
 </section>

 <section>
 <h2>Executive Insights</h2>
 Abhijit Bhattacharya, CFO of The Magnum Ice Cream Company, expressed pride in this achievement, stating, “As the global ice cream leader, headquartered in Amsterdam, The Netherlands – we are proud to be included alongside leading Dutch and international businesses as part of the AEX – Euronext Amsterdam’s premier index. As we begin life as a listed company, we look forward to engaging with investors and expanding the ice cream category with our exciting new innovations.”
 </section>

 <section>
 <h2>Trading and Corporate Overview</h2>
 The Magnum Ice Cream Company commenced trading on Euronext Amsterdam, and it also holds secondary listings on the London Stock Exchange and the New York Stock Exchange. As a dominant figure in the ice cream market, TMICC boasts a portfolio of well-known brands, including Magnum, Cornetto, and Ben & Jerry’s. The company operates in over 80 countries and is committed to sustainable growth through innovation, productivity, and disciplined investment strategies.
 
 <ul>
 <li>Revenue: €7.9 billion in 2024</li>
 <li>Global Presence: Over 80 countries</li>
 <li>Brand Portfolio: Includes Magnum, Ben & Jerry’s, Wall’s, and Cornetto</li>
 <li>Freezer Fleet: 3 million freezers worldwide</li>
 </ul>
 </section>

 <section>
 <h2>Looking Ahead</h2>
 As The Magnum Ice Cream Company embarks on its journey as a publicly traded entity under the trade symbol MICC, the company aims to engage more effectively with its investors while continuing to innovate within the ice cream sector. The inclusion in the AEX Index represents not just a significant achievement, but also a commitment to future growth and development.
 </section>
</article>

Aegon Capital Markets Day 2025 – The Next Frontier

<article>
 <h2>Aegon Announces Strategic Shift at 2025 Capital Markets Day</h2>
 On December 10, 2025, Aegon (NYSE: AEG) unveiled its ambitious plans to reposition itself as a leading life insurance and retirement group in the United States. During its Capital Markets Day in London, the company announced its intention to relocate its head office and legal domicile to the U.S., with a target completion date by January 1, 2028. Following this transition, Aegon Ltd. will rebrand itself as Transamerica Inc., although its business units will retain their current branding.

 <section>
 <h3>Strategic Highlights of Aegon’s Transition</h3>
 <ul>
 <li>Aegon plans to enhance focus on profitable growth within its International business.</li>
 <li>Aegon Asset Management will concentrate on increasing third-party revenues while improving operational efficiency.</li>
 <li>The company is conducting a strategic review of Aegon UK, considering all options, including potential divestment.</li>
 </ul>
 </section>

 <section>
 <h3>Ambitious Financial Goals Set for 2025</h3>
 Aegon aims to achieve all its financial targets for 2025, which include:
 <ul>
 <li>Reduction of capital employed in Financial Assets through a reinsurance transaction affecting its Secondary Guarantee Universal Life (SGUL) block, leading to a USD 0.3 billion decrease in capital.</li>
 <li>A capital investment of USD 800 million to neutralize the negative impact on the RBC (Risk-Based Capital) ratio, generating an additional USD 75 million in annual remittances.</li>
 <li>A new EUR 400 million share buyback program slated for the first and second halves of 2026.</li>
 <li>Projected dividend growth exceeding 5% annually from around EUR 0.40 per share starting in 2025.</li>
 </ul>
 </section>

 <section>
 <h3>CEO Lard Friese on Strategic Transformation</h3>
 Aegon's CEO, Lard Friese, stated, “Today marks a historical moment in the transformation of our company. Over the past five years, we have successfully transformed Aegon into a strong, focused, well-performing group. Now, we are ready for the next frontier: to fully capture the opportunities in the largest life insurance market in the world: the U.S.” Friese highlighted that approximately 70% of Aegon's operations are now positioned under the Transamerica umbrella, targeting Main Street American families and medium-sized businesses.
 </section>

 <section>
 <h3>Reinsurance Strategy and Operational Efficiencies</h3>
 Aegon is also executing a significant reinsurance transaction involving a portfolio of SGUL policies with a combined net face value of USD 10 billion. This includes:
 <ul>
 <li>Covers 30% of the face value of its SGUL business, increasing the addressed total to a remarkable 80% of its SGUL portfolio.</li>
 <li>Reduces overall capital employed from USD 3 billion to USD 2.7 billion, surpassing the targeted reduction for 2025.</li>
 <li>Aims to mitigate variances and eliminate risks related to mortality and policyholder behavior.</li>
 </ul>
 </section>

 <section>
 <h3>Future Growth Prospects for Transamerica</h3>
 In light of favorable market trends, Transamerica aims to maximize the value of its business portfolio by:
 <ul>
 <li>Transforming World Financial Group (WFG), its distribution network, into the leading agent network for “Main Street” America, with targets to increase life sales by 14% annually.</li>
 <li>Scaling its Protection Solutions business to achieve a 15% annual increase in sales by 2027.</li>
 <li>Targeting USD 275 billion in retirement plan Assets under Administration (AuA) by 2027.</li>
 </ul>
 Aegon aims to grow its operating results by approximately 5% per annum between 2025 and 2027, underpinned by the SGUL reinsurance transaction.
 </section>

 <section>
 <h3>Looking Ahead: Shareholder Engagement and Transition Costs</h3>
 Aegon plans to convene an Extraordinary General Meeting in late 2026 to seek shareholder approval for the move. The transition is estimated to incur a one-time implementation cost of around EUR 350 million, expected between the second half of 2025 and the first half of 2028.
 The largest shareholder, Vereniging Aegon, views this relocation as a significant and positive step for the company, pledging to consider upcoming proposals constructively.
 </section>
</article>

DNLI

Denali Therapeutics Announces Pricing of Public Offering of Common Stock and Pre-Funded Warrants

<article>
 <h2>Denali Therapeutics (NASDAQ: DNLI) Prices Public Offering of Common Stock and Pre-Funded Warrants</h2>
 SOUTH SAN FRANCISCO, Calif., <time datetime="2025-12-10">December 10, 2025</time> (GLOBE NEWSWIRE) -- Denali Therapeutics Inc. (NASDAQ: DNLI) has announced the pricing of its underwritten public offering, which includes 9,142,857 shares of common stock priced at $17.50 per share. Additionally, the company is offering pre-funded warrants to purchase 2,285,714 shares of common stock at a price of $17.49 per warrant. This offering is a significant step for Denali as it seeks to bolster its capital for ongoing projects.

 <h3>Details of the Offering</h3>
 All shares and pre-funded warrants in this offering will be sold by Denali Therapeutics. Furthermore, the underwriters have been granted a 30-day option to purchase up to an additional 1,714,285 shares of common stock. Denali expects to receive total gross proceeds of approximately $200 million before the deduction of underwriting discounts and commissions, as well as other offering expenses.
 
 <h3>Closing Expectations</h3>
 The offering is expected to close on or about <time datetime="2025-12-11">December 11, 2025</time>, pending the satisfaction of customary closing conditions. The investment banks facilitating the offering include Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and Jefferies LLC, acting as the joint book-running managers, while H.C. Wainwright & Co., LLC and B. Riley Securities, Inc. will serve as co-managers.

 <h3>Regulatory Filings and Documentation</h3>
 Denali Therapeutics has filed a Registration Statement on Form S-3, which became effective upon filing with the SEC on <time datetime="2025-02-27">February 27, 2025</time>. A preliminary prospectus supplement and accompanying prospectus related to this offering were filed on <time datetime="2025-12-09">December 9, 2025</time>. Investors will be able to access these documents free of charge through the SEC’s website at <a href="http://www.sec.gov" target="_blank">www.sec.gov</a>.

 <h3>Important Contacts for Investors</h3>
 When available, copies of the final prospectus supplement and accompanying prospectus can be requested from:
 <ul>
 <li>Goldman Sachs & Co. LLC: Attention: Prospectus Department, 200 West Street, New York, NY 10282, Telephone: 1-866-471-2526</li>
 <li>J.P. Morgan Securities LLC: c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Email: prospectus-eq_fi@jpmchase.com</li>
 <li>Morgan Stanley & Co. LLC: Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, Telephone: 1-866-718-1649</li>
 <li>Jefferies LLC: Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, Telephone: (877) 821-7388</li>
 </ul>

 <h3>About Denali Therapeutics</h3>
 Denali Therapeutics is a biotechnology company focused on developing biotherapeutics designed to cross the blood-brain barrier using its proprietary TransportVehicle™ platform. The company is dedicated to advancing treatments that could change the lives of patients suffering from neurodegenerative disorders, lysosomal storage diseases, and other serious conditions.

 <h3>Forward-Looking Statements</h3>
 This announcement contains forward-looking statements that involve risks and uncertainties that could affect the outcome of the offering and Denali’s financial position. There might be variations due to market conditions, regulatory approvals, and other factors that could change the anticipated outcomes. Interested parties can find additional information under the “Risk Factors” section of Denali's filings with the SEC, which are accessible on their website.

 <h3>Investor and Media Contacts</h3>
 For inquiries, please contact:
 <ul>
 <li>Investor Relations: Laura Hansen, Ph.D., Vice President, Investor Relations, <a href="mailto:hansen@dnli.com">hansen@dnli.com</a></li>
 <li>Media Relations: Erin Patton, Corporate Communications, <a href="mailto:epatton@dnli.com">epatton@dnli.com</a></li>
 </ul>
</article>

BlackLine Expands in Saudi Arabia to Support Growing Customer Demand

Strategic expansion enables compliance with local data residency requirements while delivering BlackLine's future-ready financial operations platform

<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackline.com&amp;esheet=54373102&amp;newsitemid=20251209940377&amp;lan=en-US&amp;anchor=BlackLine%2C+Inc.&amp;index=1&amp;md5=1da2ebb91791a8c5ae91b4139211ca3e" shape="rect">BlackLine, Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BL">BL</a>), the <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackline.com%2Fproducts%2Fstudio360%2F&amp;esheet=54373102&amp;newsitemid=20251209940377&amp;lan=en-US&amp;anchor=future-ready+platform&amp;index=2&amp;md5=936bcdf02c0eb42c1dfdf23f64e3d8be" shape="rect">future-ready platform</a> for the Office of the CFO, today announced the expansion of its global cloud footprint to Saudi Arabia, with the availability of a locally hosted cloud region, delivered in partnership with Google Cloud Platform.

This new regional deployment provides organizations with a secure, locally hosted cloud environment that offers lower latency and meets data residency and security requirements. Blackline meets Saudi Arabia&#39;s NCA Essential Cybersecurity Controls (ECC) and Cloud Cyber Security Controls (CCC) requirements, the regulatory standards mandating cybersecurity protections for providers operating in the Kingdom. Organizations in the Kingdom can now access BlackLine's unified, secure, and AI-powered financial operations platform while keeping data within the region.

As Saudi Arabia undergoes a comprehensive economic diversification and modernization initiative, organizations are focused on building more efficient, controlled, and data-driven operations. With this expansion, BlackLine is positioned to partner more closely with Saudi enterprises, providing the critical tools needed to build trust, control, and visibility into their financial processes as they scale and modernize.

BlackLine's expansion into the region is reinforced by its strong partner ecosystem. Key partners such as SAP, EY, and Deloitte maintain a significant local presence, creating a robust network for implementation and support. While BlackLine&#39;s platform is ERP-agnostic, the company&#39;s solutions are offered as an <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackline.com%2Fsap%2F&amp;esheet=54373102&amp;newsitemid=20251209940377&amp;lan=en-US&amp;anchor=SAP+Solution+Extension&amp;index=3&amp;md5=2a604d0daa00e54c1f14301f6144e959" shape="rect">SAP Solution Extension</a>. This strategic partnership is a key driver for the regional expansion and complements SAP's own commitment to the region.

"Expanding our regional availability ensures we can support customers wherever they operate, particularly in markets with stringent data residency requirements," said <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fowenryan1%2F&amp;esheet=54373102&amp;newsitemid=20251209940377&amp;lan=en-US&amp;anchor=Owen+Ryan&amp;index=4&amp;md5=af2f3d4038952c2f63a0f6f0213d8456" shape="rect">Owen Ryan</a>, Chief Executive Officer of BlackLine. "This deployment underscores our commitment to delivering secure, intelligent, and future-ready financial operations for organizations across the globe."

BlackLine's <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackline.com%2Fproducts%2Fstudio360%2F&amp;esheet=54373102&amp;newsitemid=20251209940377&amp;lan=en-US&amp;anchor=Studio360+platform&amp;index=5&amp;md5=4ffcc8e0da421e33f78fdb641d0b1a04" shape="rect">Studio360 platform</a> and <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackline.com%2Fproducts%2Fverity-ai%2F&amp;esheet=54373102&amp;newsitemid=20251209940377&amp;lan=en-US&amp;anchor=Verity&amp;index=6&amp;md5=7667d6653d06bd3bc04bc2607153c0b6" shape="rect">Verity</a>, its comprehensive AI suite, enable finance and accounting teams to unify data, automate complex processes, orchestrate workflows, and gain real-time visibility across mission-critical operations.

"Our focus is on enabling customer success across the Middle East region, and this expansion is a direct result of listening to their needs," said <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fphilippeod%2F&amp;esheet=54373102&amp;newsitemid=20251209940377&amp;lan=en-US&amp;anchor=Philippe+Omer+Decugis&amp;index=7&amp;md5=1b0004a2dc1c23642b877f283f02bc15" shape="rect">Philippe Omer Decugis</a>, Senior Vice President and General Manager, EMEA, at BlackLine. "By providing a local platform and working closely with our partners in Saudi Arabia, we can offer a new level of support to organizations in the Kingdom as they modernize their finance and accounting operations."

The Saudi Arabia deployment expands BlackLine's growing global availability and supports its mission to inspire, power, and guide digital finance transformation for organizations worldwide.

About BlackLine

BlackLine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BL">BL</a>), the future-ready platform for the Office of the CFO, drives digital finance transformation by empowering organizations with accurate, efficient, and intelligent financial operations. Built on the Studio360 platform, BlackLine unifies data, streamlines processes, and delivers real-time insights through automation and intelligence powered by Verity — a comprehensive suite of embedded, auditable AI capabilities that provides finance and accounting teams with a new digital workforce.

With a proven, collaborative approach and a track record of innovation supported by industry-leading R&amp;D investment and world-class security practices, more than 4,400 customers across multiple industries partner with BlackLine to lead their organizations into the future. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fnam11.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Fwww.blackline.com%252F%26data%3D05%257C02%257Csamantha.darilek%2540blackline.com%257Cfc9c03eb24a5421c954a08de12435889%257C45d659f41555498b93b50b99a89a284b%257C0%257C0%257C638968277613107445%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DpPIC%252Btu2Hqp%252BSQdAffJOTLi9ZB7q%252F4e8%252FHmwsSnL8Lw%253D%26reserved%3D0&amp;esheet=54373102&amp;newsitemid=20251209940377&amp;lan=en-US&amp;anchor=blackline.com&amp;index=8&amp;md5=17b74b3a0c4a93ae7d29ce6f566dbcc7" shape="rect">blackline.com</a>.

Safe Harbor

This document contains forward-looking statements. These statements may relate to, but are not limited to, expectations of future operating results or financial performance of BlackLine, Inc. (&#34;BlackLine&#34; or the &#34;Company&#34;), the calculation of certain key financial and operating metrics, capital expenditures, introduction of new solutions or products, expansion into new markets, regulatory compliance, plans for growth and future operations, technological capabilities, and strategic relationships, as well as assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. In some cases, you can identify forward-looking statements by terminology such as &#34;may,&#34; &#34;will,&#34; &#34;should,&#34; &#34;could,&#34; &#34;expect,&#34; &#34;plan,&#34; anticipate,&#34; &#34;believe,&#34; &#34;estimate,&#34; &#34;predict,&#34; &#34;intend,&#34; &#34;potential,&#34; &#34;would,&#34; &#34;continue,&#34; &#34;ongoing&#34; or the negative of these terms or other comparable terminology. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all.

Forward-looking statements are based on information available at the time those statements are made and/or management&#39;s good faith beliefs and assumptions as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this presentation may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. These risks and uncertainties are described in greater detail under the heading &#34;Risk Factors&#34; in the filings we make with the Securities and Exchange Commission (&#34;SEC&#34;) from time to time, which are available on our website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4474257-1%26h%3D3554398700%26u%3Dhttp%253A%252F%252Finvestors.blackline.com%252F%26a%3Dhttp%253A%252F%252Finvestors.BlackLine.com&amp;esheet=54373102&amp;newsitemid=20251209940377&amp;lan=en-US&amp;anchor=http%3A%2F%2Finvestors.BlackLine.com&amp;index=9&amp;md5=75ce324adecb4f684c02fbc3c3f748ba" shape="rect">http://investors.BlackLine.com</a> and on the SEC&#39;s website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4474257-1%26h%3D1159003056%26u%3Dhttp%253A%252F%252Fwww.sec.gov%252F%26a%3Dwww.sec.gov&amp;esheet=54373102&amp;newsitemid=20251209940377&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=10&amp;md5=5c743b2d84910976688155961cc36b65" shape="rect">www.sec.gov</a>. Except as required by law, BlackLine does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

In addition, statements that &#34;we believe&#34; and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this presentation, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements.

In addition to U.S. GAAP financials, this document includes certain non-GAAP financial measures, including non-GAAP revenue, gross profit, gross margin, free cash flow, sales and marketing expense, research and development expense, general and administrative expense, loss from operations and operating margin (loss). These non-GAAP measures are in addition to, not a substitute for or superior to, measures of financial performance prepared in accordance with U.S. GAAP. The non-GAAP financial measures we use may differ from the non-GAAP financial measures used by other companies.
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Media Contact: 
 Samantha Darilek
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TTGT

Omdia: India's PC Market Records Strongest-Ever Q3 2025 as Consumer Demand Surges

UL Solutions Warns of Mislabeled Child Life Jackets

A limited run of mislabeled Kent Watersports child life jackets poses a potential danger due to reduced buoyancy

<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ul.com%2F&amp;esheet=54373320&amp;newsitemid=20251209588979&amp;lan=en-US&amp;anchor=UL+Solutions&amp;index=1&amp;md5=7ee9dd4f383a427e777d4561773db7df" shape="rect">UL Solutions</a>, a global leader in applied safety science, today issued a warning that a limited run of Kent Watersports CSF-2 child life jackets was mislabeled by the manufacturer to indicate both 50–90 lbs. (23–41 kg) and under 50 lbs. (23 kg) weight ranges, even though they are certified only for children under 50 lbs. (23 kg), creating a risk of overloading, reduced buoyancy and potential danger to users.
This press release features multimedia. View the full release here: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20251209588979/en/" rel="nofollow">https://www.businesswire.com/news/home/20251209588979/en/</a><div xmlns="http://www.w3.org/1999/xhtml" id="bwbodyimg" style="width: 268px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img xmlns="http://www.w3.org/1999/xhtml" src="https://mms.businesswire.com/media/20251209588979/en/2666446/4/24PN-40-1.jpg" alt="A limited run of mislabeled Kent Watersports child life jackets poses a potential danger due to reduced buoyancy."></img>A limited run of mislabeled Kent Watersports child life jackets poses a potential danger due to reduced buoyancy.</div>
The affected CSF-2 life jackets bear the UL Mark, Marine UL Listed Near-Shore Buoyant Vest, Issue Number B8542, and U.S. Coast Guard approval 160.060/40/1. Approximately 2,500 of these life jackets were sold under lot numbers 2J2091, 2J2093, 2J2094, 2J2095, 2J2096, 2J2097, 2J2098 and 2J2099 at sporting goods stores and other retailers across the United States.

UL Solutions recommends that anyone who owns one of these mislabeled life jackets stop using it immediately and remove it from service.

Since certifying its first PFD for buoyancy and flammability in 1971, UL Solutions has remained at the forefront of PFD testing. In 1972, the U.S. Coast Guard recognized its Research Triangle Park laboratory as one of only two worldwide facilities authorized to evaluate PFDs. UL Solutions still holds this distinction today. For more than 50 years, the company's dedicated team of engineers and laboratory technicians has rigorously tested PDFs for performance, durability and compliance with required safety standards.

UL Solutions offers testing and certification for PFDs to regulatory requirements and standards in the U.S., Canada and Europe.

About UL Solutions

A global leader in applied safety science, UL Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ULS">ULS</a>) transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth. The UL Mark serves as a recognized symbol of trust in our customers' products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage.

UL Solutions public notice reference number: 24PN-40
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Media contacts:
 Tyler Khan
 UL Solutions
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ULNews@UL.com" shape="rect">ULNews@UL.com 
</a> T: +1 (847) 664.2139

Steven Brewster
 UL Solutions
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ULNews@UL.com" shape="rect">ULNews@UL.com 
</a> T: +1 (847) 664.8425

UL Solutions Warns of Unauthorized UL Marks on Carbon Monoxide Detectors and Combined Smoke and Carbon Monoxide Alarms

Unauthorized certification marks were applied to carbon monoxide detectors and combined smoke and carbon monoxide alarms, which have not been evaluated by UL Solutions to the appropriate safety standards, posing potential risks to consumers.

UL Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ULS">ULS</a>), a global leader in applied safety science, issued public notices regarding the following products, which bear unauthorized UL certification marks and may pose safety risks:

- Gedsffati carbon monoxide alarm (product model HD08) and Gedsffati combined smoke and carbon monoxide alarm (product model HD11);

- HAKINAKU carbon monoxide detectors (product model HD09);

- and carbon monoxide detectors (product model HD10) sold by Shenzhen Huidu Technology Co. Ltd.

These products, sold under the brand names and product models mentioned above through Amazon.com, have not been evaluated by UL Solutions to the appropriate safety standards, and it is unknown whether they meet any safety requirements. UL Solutions recommends that these products be removed from service and immediately replaced with properly UL certified carbon monoxide alarms and combined smoke and carbon monoxide alarms.

The affected products bear an unauthorized UL certification mark. Additional product label details and images of these products can be found in the following public notices at UL.com:

- <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ul.com%2Fnews%2Ful-solutions-warns-unauthorized-ul-marks-carbon-monoxide-alarms-and-combined-smoke-and-carbon&amp;esheet=54373319&amp;newsitemid=20251209931025&amp;lan=en-US&amp;anchor=Gedsffati+carbon+monoxide+alarm+%28product+model+HD08%29+and+Gedsffati+combined+smoke+and+carbon+monoxide+alarm+%28product+model+HD11%29&amp;index=1&amp;md5=7c19c7195031dcba53736f217845c2bb" shape="rect">Gedsffati carbon monoxide alarm (product model HD08) and Gedsffati combined smoke and carbon monoxide alarm (product model HD11)</a>

- <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ul.com%2Fnews%2Ful-solutions-warns-unauthorized-ul-marks-carbon-monoxide-detectors&amp;esheet=54373319&amp;newsitemid=20251209931025&amp;lan=en-US&amp;anchor=HAKINAKU+carbon+monoxide+detectors+%28product+model+HD09%29&amp;index=2&amp;md5=7e341e42c363dbb26a4309c5fc94435a" shape="rect">HAKINAKU carbon monoxide detectors (product model HD09)</a>

- <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ul.com%2Fnews%2Ful-solutions-warns-unauthorized-ul-marks-carbon-monoxide-detectors-0&amp;esheet=54373319&amp;newsitemid=20251209931025&amp;lan=en-US&amp;anchor=Carbon+monoxide+detectors+%28product+model+HD10%29+sold+by+Shenzhen+Huidu+Technology+Co.+Ltd.&amp;index=3&amp;md5=b8547314521549677759f362ad04e067" shape="rect">Carbon monoxide detectors (product model HD10) sold by Shenzhen Huidu Technology Co. Ltd.</a>

"The presence of unauthorized UL Marks on these devices is a serious concern," said Karine Johnfroe, vice president and general manager of the Built Environment group at UL Solutions. "We urge anyone who has purchased these devices to remove them from service and immediately replace them with properly UL certified carbon monoxide alarms and combined smoke and carbon monoxide alarms."

Since 1894, UL Solutions has been integral to enabling fire and life safety technology advancements. UL Solutions' training, advisory, testing, inspection and certification services for fire, smoke and gas detection technologies help manufacturers bring compliant products to the market.

About UL Solutions

A global leader in applied safety science, UL Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ULS">ULS</a>) transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth. The UL Mark serves as a recognized symbol of trust in our customers' products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage.

UL Solutions public notice reference numbers: 24PN-44A, 24PN-44B, 24PN-44C
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Media contacts: 
 Tyler Khan
 UL Solutions
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ULNews@UL.com" shape="rect">ULNews@UL.com 
</a> T: +1 (847) 664.2139

Steven Brewster
 UL Solutions
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ULNews@UL.com" shape="rect">ULNews@UL.com 
</a> T: +1 (847) 664.8425

Walker & Dunlop Annual Survey Reveals Bold Optimism Driving Affordable Housing Market

<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.walkerdunlop.com%2F&amp;esheet=54373314&amp;newsitemid=20251209412716&amp;lan=en-US&amp;anchor=Walker+%26amp%3B+Dunlop%2C+Inc.&amp;index=1&amp;md5=de9def67d0646247a9991280c40d8d09" shape="rect">Walker &amp; Dunlop, Inc.</a>'s annual survey, conducted at the Affordable Housing Finance (AHF) Live conference, revealed a notable optimism in investment activity uptick and enthusiasm in HUD's role in supporting housing construction. For the third year in a row, Walker &amp; Dunlop surveyed top executives in affordable housing to capture their perspectives on key issues shaping the CRE industry. Respondents were developers, owners, management firms, and state housing agencies from across the country who are actively engaged in affordable housing development and financing. Overall sentiment signaled a bullish outlook for continued growth in 2026.

Key survey takeaways include:

Investments in Affordable Housing
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This year, 90% of respondents believe the appetite for investments in affordable housing will increase in the next year, with only 10% saying it will not. This marks a clear rise in confidence compared to last year's survey, where 70% expected an increase and 30% did not. The shift indicates growing optimism around capital availability, investor engagement, and the broader policy environment.
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65% of respondents said they have seen an increase in affordable housing investments (debt and equity) in the past year, up from 52% who reported seeing an increase in investments last year. This momentum is not only anticipated but already occurring across many markets.
</li>
</ul>
HUD Effectiveness
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Views on HUD's performance skew modestly positive with 8% saying HUD has been very effective and 51% saying it has been effective in supporting affordable housing construction.
</li>
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18% felt HUD was neither effective nor ineffective, suggesting mixed or limited direct experiences.
</li>
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16% said HUD was ineffective and 2% very ineffective, reflecting frustration with regulatory complexity and funding limitations.
</li>
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5% had no opinion, likely due to limited interaction with HUD programs.
</li>
</ul>
Economic Policies
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70% of respondents believe economic policies—such as tariffs—negatively affect affordable housing development. Respondents largely pointed to higher material and labor costs as barriers to construction.
</li>
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17% were neutral, and 13% did not see tariffs or similar policies as having a negative impact, suggesting that some believe cost impacts are absorbed or offset in other ways.
</li>
</ul>
Tax Bill Changes &amp; Future Housing Construction
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Respondents generally believe recent tax bill changes under the One Big Beautiful Bill Act (OBBBA) will support increased affordable housing production over the next five years. ¹
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No or Minor Impact (0–5% increase): 29%
</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Moderate Impact (6–10% increase): 33%
</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Significant or Major Impact (11%+ increase): 25%
</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Not familiar with the tax bill changes: 13%
</li>
</ul>
</li>
</ul>
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fsheri-thompson&amp;esheet=54373314&amp;newsitemid=20251209412716&amp;lan=en-US&amp;anchor=Sheri+Thompson&amp;index=2&amp;md5=ee7591f420eb06de9ff6f4d72604d5c0" shape="rect">Sheri Thompson</a>, executive vice president and head of affordable housing at Walker &amp; Dunlop, highlighted the value of understanding market trends and investor sentiment to guide strategic decision-making.

"This survey offers us a real-time pulse and reflection of industry sentiment," Thompson said. "We held over 100 meetings at AHF Live and spoke with more than 300 clients. The survey results truly reflect what we're hearing in those conversations. This insight matters and helps our team provide actionable guidance, anticipate trends, and support developers in making informed decisions in today's dynamic affordable housing landscape."

Walker &amp; Dunlop's Affordable Housing platform brings together a dedicated group of affordable specialists who provide our clients with solutions to achieve their affordable housing objectives. The team has the deep expertise and capability to provide debt and equity financing (LIHTC, conventional, and programmatic joint-venture), investment sales and advisory services, as well as opportunities to invest in the preservation and revitalization of affordable properties. To learn more about our capabilities and financing options, visit our <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.walkerdunlop.com%2Fspecialties-sectors%2Faffordable&amp;esheet=54373314&amp;newsitemid=20251209412716&amp;lan=en-US&amp;anchor=website&amp;index=3&amp;md5=04a09591a37436082d366fa71fa68154" shape="rect">website</a>.

Methodology

Sample size for 2025 was 115 respondents.

About Walker &amp; Dunlop

<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.walkerdunlop.com%2Fwhat-makes-us-different%2F&amp;esheet=54373314&amp;newsitemid=20251209412716&amp;lan=en-US&amp;anchor=Walker+%26amp%3B+Dunlop&amp;index=4&amp;md5=fbe71cd9e5f681ef0e26e6f458127462" shape="rect">Walker &amp; Dunlop</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/WD">WD</a>) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.

¹

No or Minor Impact (0–5% increase): 29% (6% no impact, 23% minor positive).
 Moderate Impact (6–10% increase): 33%.
 Significant or Major Impact (11%+ increase): 25% (17% significant, 8% major).
 Not familiar with the tax bill changes: 13%, reflecting uneven awareness of policy details across the industry.
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Investors: 
 Kelsey Duffey
 Investor Relations
 Phone 301.202.3207
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investorrelations@walkeranddunlop.com" shape="rect">investorrelations@walkeranddunlop.com</a>

Media: 
 Nina H. von Waldegg
 VP, Public Relations
 Phone 301.564.3291
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:nhvwaldegg@walkerdunlop.com" shape="rect">nhvwaldegg@walkerdunlop.com</a>

Phone 301.215.5500

7272 Wisconsin Avenue, Suite 1300
 Bethesda, Maryland 20814

BGSI

Boyd Group Services Inc. Amends Revolving Credit Facilities

WINNIPEG, MB, Dec. 9, 2025 /PRNewswire/ - Boyd Group Services Inc. (TSX:<a class="ticker" href="https://www.benzinga.com/quote/BYD">BYD</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BGSI">BGSI</a>) (&#34;BGSI&#34;, &#34;the Boyd Group&#34;, &#34;Boyd&#34; or the &#34;Company&#34;) today announced that it has amended its existing credit facilities to, among other things, (i) increase its revolving credit facilities to US$675 million, with an accordion feature which can increase the credit facilities to a maximum of US$1.075 billion (the &#34;Facilities&#34;), and (ii) facilitate the Company&#39;s acquisition of Joe Hudson&#39;s Collision Center (the &#34;Acquisition&#34;). The amendments provide more favorable pricing and flexibility while maintaining the existing maturity of August 2030. The existing US$125 million Term Loan A maturing in March 2027 remains unchanged.

The lending institutions participating in the Facilities include The Toronto-Dominion Bank, National Bank of Canada, and Royal Bank of Canada as co-lead arrangers and lenders, as well as Bank of America, The Bank of Nova Scotia and Canadian Imperial Bank of Commerce as lenders.
The Company intends to partially draw upon the amended Facilities, in combination with the proceeds from the Company&#39;s recently completed common share and senior unsecured notes offerings, to finance the Acquisition. The Acquisition continues to progress through the customary closing conditions and regulatory requirements.
About Boyd Group Services Inc.
Boyd Group Services Inc. is a Canadian corporation and controls The Boyd Group Inc. and its subsidiaries. BGSI shares trade on the Toronto Stock Exchange under the symbol BYD and on the New York Stock Exchange under the symbol BGSI.
About The Boyd Group Inc.
The Boyd Group Inc. (&#34;Boyd&#34;) is one of the largest operators of non-franchised collision repair centres in North America in terms of number of locations and sales. Boyd operates locations in Canada under the trade names Boyd Autobody &amp; Glass and Assured Automotive as well as in the U.S. under the trade name Gerber Collision &amp; Glass. In addition, Boyd is a major retail auto glass operator in the U.S. with operations under the trade names Gerber Collision &amp; Glass, Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly.com. Boyd also operates a third-party administrator, Gerber National Claims Services, that offers glass, emergency roadside and first notice of loss services. Boyd also operates a Mobile Auto Solutions (&#34;MAS&#34;) service that offers scanning and calibration services.
Caution concerning forward-looking information
Statements made in this press release constitute &#34;forward-looking information&#34; and &#34;forward-looking statements&#34; within the meaning of applicable Canadian and United States securities laws, including the United States Private Securities Litigation Reform Act of 1995 (collectively, &#34;forward-looking information&#34;). Forward-looking information can be generally identified by words such as &#34;may&#34;, &#34;will&#34;, &#34;anticipate&#34;, &#34;estimate&#34;, &#34;expect&#34;, &#34;intend&#34;, &#34;continue&#34;, &#34;should&#34;, &#34;believe&#34; or the negatives thereof and similar variations. Specifically, forward-looking information in this press release includes, but is not limited to, statements regarding the financing and completion of the Acquisition, including the timing thereof. Statements containing forward-looking information are not historical facts but instead represent management&#39;s expectations, estimates and projections regarding future events.
Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this press release, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results or events to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risks and uncertainties detailed under the &#34;Business Risks and Uncertainties&#34; section of the Company&#39;s current annual information form, the &#34;Business Risks and Uncertainties&#34; and other sections of the Company&#39;s management&#39;s discussion and analysis of operating results and financial position and in the Company&#39;s other periodic filings with the Canadian securities regulatory authorities and the SEC from time to time, available at <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.sedarplus.com" rel="nofollow">www.sedarplus.com</a> and <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.sec.gov" rel="nofollow">www.sec.gov</a>, respectively. These factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. All forward-looking information presented herein should be considered in conjunction with such filings. Although the Company believes the expectations reflected in such forward-looking information and the assumptions upon which it is based are reasonable, no assurance can be given that actual results will be consistent with such forward-looking information, and it should not be unduly relied upon.  There can be no assurance that such expectations and assumptions will prove to be correct. The forward-looking information contained in this press release describes the expectations of the Company as of the date of this press release.  Except as required by law, the Company does not undertake to update or revise any forward-looking information contained herein, whether as a result of new information, future events or for any other reason. The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement.




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SOURCE Boyd Group Services Inc.

CDNL

Cardinal Infrastructure Group Inc. Announces Pricing of Initial Public Offering

RALEIGH, N.C., Dec. 9, 2025 /PRNewswire/ -- Cardinal Infrastructure Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CDNL">CDNL</a>) (&#34;Cardinal Group&#34;), one of the Southern United States&#39; fastest-growing, full-service turnkey infrastructure services companies, today announced the pricing of its initial public offering of 11,500,000 shares of its Class A Common Stock at a public offering price of $21.00 per share, for total gross proceeds of approximately $241,500,000 million, before deducting underwriting discounts and commissions and other offering expenses. Cardinal Group has granted the underwriters a 30-day option to purchase up to an additional 1,725,000 shares of its Class A Common Stock at the initial public offering price, less underwriting discounts and commissions. Cardinal Group shares are expected to begin trading on the Nasdaq Global Select Market on December 10, 2025 under the ticker symbol &#34;CDNL.&#34; The offering is expected to close on December 11, 2025, subject to customary closing conditions.

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Stifel and William Blair are acting as joint book-running managers for the offering. D.A. Davidson &amp; Co. is acting as the lead manager for the offering.
A registration statement on Form S-1 relating to this offering was declared effective by the Securities and Exchange Commission on December 9, 2025. The offering is being made only by means of a prospectus. Copies of the final prospectus relating to this offering, when available, may be obtained from: Stifel, Nicolaus &amp; Company, Incorporated, Attention: Syndicate Department, 1201 Wills Street, Suite 600 Baltimore, MD 21231, by telephone at (855) 300-7136 or by email at <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:syndprospectus@stifel.com" target="_blank" rel="nofollow">syndprospectus@stifel.com</a> or William Blair &amp; Company, L.L.C., Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, IL 60606, by telephone at (800) 621-0687 or by email at <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:prospectus@williamblair.com" target="_blank" rel="nofollow">prospectus@williamblair.com</a>. 
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the U.S. Securities Act of 1933, as amended.
About Cardinal Group
Headquartered in Raleigh, North Carolina, Cardinal Group is one of the fastest-growing, full-service turnkey infrastructure services companies in the Southeastern United States. Cardinal Group delivers a suite of comprehensive infrastructure services that support the planning, preparation, installation, and development of residential, commercial, industrial, municipal, and state infrastructure projects primarily through in-house teams and equipment, significantly reducing the need for outsourcing or subcontractors which enables industry-leading project execution. Cardinal Group&#39;s operations leverage a large highly skilled workforce and a fleet of specialized equipment to deliver wet utility installations (water, sewer, and stormwater systems), as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. As a result, Cardinal Group is becoming the platform of choice for a diverse array of infrastructure construction projects in its target geographies that require high-level technical expertise and sophistication.




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SOURCE Cardinal Infrastructure Group Inc.

EVTL

Vertical Aerospace to Launch UK's First Electric Air Taxi Network with Skyports Infrastructure and Bristow

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Planned new routes to cut multi-hour road journeys to minutes by air, targeting Canary Wharf–Heathrow in 12 Minutes
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Targeting Q1 2029 launch, collaboration unites aircraft, infrastructure and operating expertise – a blueprint for scalable urban air mobility globally
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Proposed network unveiled today alongside Vertical's new aircraft, Valo, in Canary Wharf, London
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Vertical Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/EVTL">EVTL</a>), today announced plans with Skyports Infrastructure (Skyports) and Bristow Group (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/VTOL">VTOL</a>), to launch the UK's first electric air-taxi routes between Canary Wharf and major transport hubs. Proposed routes to and from Canary Wharf at launch would include Heathrow, Gatwick, Cambridge and Oxford.
This press release features multimedia. View the full release here: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20251209296219/en/" rel="nofollow">https://www.businesswire.com/news/home/20251209296219/en/</a><div xmlns="http://www.w3.org/1999/xhtml" id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img xmlns="http://www.w3.org/1999/xhtml" src="https://mms.businesswire.com/media/20251209296219/en/2666335/4/UK_routes.jpg" alt="Vertical's plans for an electric air-taxi network, launched with Skyports Infrastructure and Bristow"></img>Vertical's plans for an electric air-taxi network, launched with Skyports Infrastructure and Bristow</div>
By combining Vertical's category-leading aircraft, Skyports' London Heliport, Bicester Vertiport and future UK skyport network, and Bristow's global operational expertise and UK Air Operator Certificates (AOCs), this partnership brings together the full ecosystem needed for real, scalable eVTOL services.

The first phase, planned from Q1 2029, will focus on the UK's highest-value mobility corridors. The proposed routes, operated by Bristow, would dramatically cut journey times compared with traditional ground travel – for example, cutting a typical Canary Wharf-to-Heathrow transfer from 60–90 minutes on the ground to 12 minutes in the air.

Stuart Simpson, CEO, Vertical Aerospace, said:

"Electric flight will transform how cities move, and London is one of the best places in the world to prove it. With Skyports and Bristow, we have the aircraft, infrastructure and operational strength to lead this market. These plans show the commercial potential of services we aim to see operating following regulatory approval in 2028 and we look forward to bringing them to life with our partners."

Duncan Walker, CEO, Skyports Infrastructure, said:

"We're excited to build on our long-standing relationship with Vertical. Our Skyports London Heliport and Bicester skyport, combined with our global infrastructure expertise, make us ideally positioned to support early eVTOL services in the UK. With Bristow's operational strength, we can accelerate plans for electric air taxi routes across the region, with the plan to create a UK-wide network."

Chris Bradshaw, President &amp; CEO, Bristow, said:

"Bristow's role in Advanced Air Mobility is to leverage our 75+ years of leading vertical flight operations to bring real-world operational discipline to promising new aircraft and infrastructure concepts. Working with Vertical and Skyports on early eVTOL services in the UK allows us to apply our proven expertise in safe, reliable, and complex aviation operations to an important emerging market. This collaboration is a meaningful step as we progress a portfolio of advanced aircraft and explore how they can be deployed responsibly at scale.

Building on proven partnerships

This collaboration builds on long-standing relationships:
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"OxCam AAM Corridor" demonstrator, which is bringing together the expertise of Skyports, Bristow Helicopters, NATS, Vertical Aerospace and Oxfordshire County Council, with the aim to accelerate the transition of Advanced Air Mobility (AAM) from trials to commercially viable, regional operations within the UK. The project will culminate in planned test flights by Vertical Aerospace's prototype aircraft.
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Earlier this year, Bristow and Vertical also announced a Ready-to-Fly model providing turnkey access to aircraft, pilots, maintenance and insurance, alongside Bristow's pre-order for up to 50 Valo aircraft, with options to purchase up to 50 more.
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A major step for UK advanced air mobility (AAM)

Today's announcement, made as Vertical unveils its new aircraft, Valo, at The Pelligon in Canary Wharf, demonstrates how eVTOL aircraft, vertiport infrastructure and experienced operators can deliver a clean, fast, high-performance transport network for the UK.

Valo will fly up to 100 miles at up to 150 mph, produce zero operating emissions, and through certification with the UK Civil Aviation Authority (CAA) and the European Aviation Safety Authority (EASA) is targeting to achieve the same safety standards as modern commercial airliners. Vertical targets producing 175 aircraft by 2030, ramping to 225+ annually by Q4 2030.

About Vertical Aerospace

Vertical Aerospace is a global aerospace and technology company pioneering electric aviation. Vertical is creating a safer, cleaner, and quieter way to travel. Valo is a piloted, four-passenger, Electric Vertical Take-Off and Landing (eVTOL) aircraft, with zero operating emissions. Vertical is also developing a hybrid-electric variant, offering increased range and mission flexibility to meet the evolving needs of the advanced air mobility market.

Vertical combines partnerships with leading aerospace companies, including GKN, Honeywell, Syensqo and Aciturri, with its own proprietary battery and propeller technology to develop the world's most advanced and safest eVTOL.

Vertical has c.1,500 pre-orders of Valo, with customers across four continents, including American Airlines, Avolon, Bristow, GOL and Japan Airlines. Certain customer obligations are expected to be fulfilled via third-party agreements. Headquartered in Bristol, UK, Vertical's experienced leadership team comes from top-tier aerospace and automotive companies such as Rolls-Royce, Airbus, GM, and Leonardo. Together, they have previously certified and supported over 30 different civil and military aircraft and propulsion systems.

About Bristow Group

Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. Bristow primarily provides aviation services to a broad base of offshore energy companies and government entities. Our aviation services include personnel transportation, search and rescue (&#34;SAR&#34;), medevac, fixed wing transportation, unmanned systems and ad-hoc helicopter services. Our business is comprised of three operating segments: Offshore Energy Services, Government Services and Other Services. Our energy customers charter our helicopters primarily to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. Our government customers primarily outsource SAR activities whereby we operate specialized helicopters and provide highly trained personnel. Our other services include fixed wing transportation services through a regional airline in Australia and dry-leasing aircraft to third-party operators in support of other industries and geographic markets.

Bristow currently has customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, Ireland, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, the United Kingdom (UK) and the United States (U.S.).

About Skyports Infrastructure

Skyports Infrastructure is a global leader in the design, build, and operation of heliports and skyports for helicopters and eVTOLs. With live operational assets in the UK and US, and projects under construction across Europe, Asia, and the Middle East, Skyports delivers the ground infrastructure needed for safe, efficient, and scalable vertical lift operations. The company is driving the future of urban air mobility, bringing next-generation aviation to cities around the world.

Find out more at: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fgbr01.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.skyports.net%252F%26data%3D05%257C02%257Cjustin.bates%2540vertical-aerospace.com%257C920976f6d1214635803b08de3743f0ae%257C1f6e975978494da4bfba96293287e230%257C0%257C0%257C639008962117399935%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DCbR3%252F2EjiRR3kgdwbxCpTi6Aik9PPek7PcCmMjswmCM%253D%26reserved%3D0&amp;esheet=54373283&amp;newsitemid=20251209296219&amp;lan=en-US&amp;anchor=www.skyports.net&amp;index=1&amp;md5=89b9371059d3faeb0265846c3ee1f6fe" shape="rect">www.skyports.net</a>

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements as contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. Any express or implied statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding the partnership with Skyports and Bristow and ability to launch the UK's first electric air-taxi networks, including the projected routes and expected journey times; the introduction of the Valo aircraft; the certification and the commercialization of the Valo aircraft and the timing thereof; the design and manufacture of the Valo aircraft; the features and capabilities of the Valo aircraft; the completion of the piloted test programme phases including transition flight on the intended timeline or at all; the business strategy and plans and objectives of management for future operations, including capital expenditure requirements, which may be higher than anticipated; our ability and plans to raise additional capital to fund our operations; the assumptions underlying the Company's goals, including Flightpath 2030; the differential strategy compared to our peer group; expectations surrounding pre-orders and commitments; our plans for capital expenditures, as well as statements that include the words goals," "targets," "objectives," "plan," "expect," "intend," "plan," "believe," "project," "forecast," "estimate," "may," "should," "anticipate," "will," "aim," "potential," "continue," "are likely to" and similar statements of a future or forward-looking nature. These forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Forward-looking statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected, including, among other things, risks and uncertainties relating to the Company's business, industry performance, the regulatory environment, and general business and economic conditions, as discussed under the caption "Risk Factors" in the Company&#39;s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission ("SEC") on March 11, 2025, as such factors may be updated from time to time in the Company's other filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. We disclaim any obligation or undertaking to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law.
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For more information:
 Justin Bates, Head of Communications <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:justin.bates@vertical-aerospace.com" shape="rect">justin.bates@vertical-aerospace.com</a> +44 7878 357 463
 Samuel Emden, Head of Investor Affairs <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:samuel.emden@vertical-aerospace.com" shape="rect">samuel.emden@vertical-aerospace.com</a> +447816 459 904

ALTI

Preliminary Indications of Interest Regarding a Potential Transaction

AlTi Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ALTI">ALTI</a>) ("AlTi&#34; or the "Company"), a leading independent global wealth manager with $89 billion in assets, today confirmed that it has received multiple preliminary indications of interest regarding a potential transaction with the Company. The Board of Directors of the Company has formed a Special Committee of independent directors to consider these preliminary indications of interest and to assess potential strategic options to maximize long-term value for shareholders, support the Company's continued growth and to continue delivering best-in-class service to clients.

AlTi holds a unique position in the ultra-high-net-worth space with a truly global franchise. AlTi continues to simplify its core business model and is focused on improving margins and maintaining momentum around growth organically and inorganically.

There can be no assurance that the Special Committee's review process will result in any particular outcome or transaction, and there is no definitive timeline set for the completion of the review process. The Company does not intend to make additional comments regarding the review process until it determines that additional disclosure is appropriate or necessary.

J.P. Morgan Securities LLC is serving as financial advisor and Wachtell, Lipton, Rosen &amp; Katz is serving as legal counsel to the Special Committee.

About the Company

AlTi is a leading independent global wealth manager providing entrepreneurs, multi-generational families, institutions, and emerging next-generation leaders with fiduciary capabilities as well as alternative investment strategies and advisory services. The firm currently manages or advises on over $89 billion in combined assets and has an expansive network with approximately 450 professionals across three continents. For more information, please visit us at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.alti-global.com&amp;esheet=54373298&amp;newsitemid=20251209080458&amp;lan=en-US&amp;anchor=www.alti-global.com&amp;index=1&amp;md5=f3d77ea3c0d7b7a5b3a0fbaed526ca2e" shape="rect">www.alti-global.com</a>.

Forward-Looking Statements

Some of the statements in this press release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking. Words such as "anticipate," "believe," "continue," "estimate," "expect," "future," "intend," "may," "plan" and "will" and similar expressions identify forward-looking statements. Forward-looking statements reflect the Company's current plans, estimates and expectations and are inherently uncertain. The inclusion of any forward-looking information in this press release should not be regarded as a representation that the future plans, estimates or expectations contemplated will be achieved. Forward-looking statements are subject to various risks, uncertainties and assumptions. Important factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, global and domestic market and business conditions, successful execution of business and growth strategies and regulatory factors relevant to our business, as well as assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy and liquidity and the risks and uncertainties described in greater detail under "Risk Factors" included in AlTi's registration statement on Form 10-K filed March 17, 2025, and in the subsequent reports filed with the Securities and Exchange Commission, as such factors may be updated from time to time. In addition, forward-looking statements contained in this press release may be impacted by events or occurrences related to the announcement of the receipt of preliminary indications of interest, including but not limited to, uncertainties as to whether the Company enters into a transaction with any party and if so the timing thereof, the possibility that other proposals may or may not be made and the effects of any of the foregoing on relationships with employees, clients or other business partners. We undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.
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Investor Relations: 
 Lily Arteaga, Head of Investor Relations
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investor@alti-global.com" shape="rect">investor@alti-global.com</a>

Media Relations: 
 Emily Roy, Prosek
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:pro-alti@prosek.com" shape="rect">pro-alti@prosek.com</a>

Vertical Aerospace Unveils Valo - the eVTOL Aircraft Set to Redefine Urban Air Mobility and Usher in a New Era of Flight

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A significantly enhanced design built on the successes of the VX4 prototype test programme
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A flexible, premium cabin for up to 6 passengers with class-leading luggage capacity
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Engineered to meet the highest certification standards, targeting approval in 2028 before entering service with Vertical's airline and operator customers
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First full-scale reveal today in Canary Wharf, signaling the UK&#39;s return to aircraft manufacturing leadership
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Vertical Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/EVTL">EVTL</a>) ("Vertical" or "the Company"), a global aerospace and technology company that is pioneering electric aviation, today revealed Valo, its new commercial eVTOL aircraft that will enter into service following regulatory approval.
This press release features multimedia. View the full release here: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20251209050960/en/" rel="nofollow">https://www.businesswire.com/news/home/20251209050960/en/</a><div xmlns="http://www.w3.org/1999/xhtml" id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img xmlns="http://www.w3.org/1999/xhtml" src="https://mms.businesswire.com/media/20251209050960/en/2666323/4/Valo_hero.jpg" alt="Valo, unveiled in London on 10 December"></img>Valo, unveiled in London on 10 December</div>
Valo is the aircraft that succeeds Vertical's VX4 prototype - with a new, more advanced design shaped by extensive insights from the Company's piloted test programme and direct feedback from airline and operator customers.

Developed in collaboration with leading aerospace partners, including Honeywell, Syensqo and Aciturri, Valo introduces a more aerodynamic airframe, an under-floor battery system, redesigned wing and propeller architecture, upgraded materials, and full certifiable redundancy to meet the world's most rigorous safety standards.

Designed to fly up to 100 miles at speeds of up to 150 mph with zero operating emissions, Valo is targeting airliner-level safety certification in 2028 ahead of entering service with our airline and operator customers. Early commercial routes are expected to include airport-to-city centre connections.

Premium cabin and largest luggage capacity

Valo's premium cabin will launch with four seats, offering panoramic windows, generous personal space, and a cockpit divider for enhanced safety and privacy. The aircraft's flexible design enables expansion to six seats, with the potential to improve operator economics and lower fares for passengers. Valo's platform also supports emergency medical services, cargo missions and, in the future, defence, hybrid and autonomous variants.

Crucially, Valo features the largest cargo hold within its class, developed in response to airline feedback. With room for six cabin bags and six checked bags, passengers can travel without compromise – a major advantage on airport-to-city services.

From prototype to product

Vertical is now close to completing full piloted transition flight with its full-scale prototype - the defining manoeuvre of electric aviation in which the aircraft shifts from vertical lift to forward flight. Earlier test phases validated hover, thrustborne and wingborne performance, generating thousands of data points that directly shaped Valo's certifiable design.

Vertical will now build seven certification aircraft in the UK to support final testing with the UK Civil Aviation Authority (CAA) and the European Union Aviation Safety Agency (EASA) ahead of targeted Type Certification in 2028. After certification, Valo will enter commercial service.

Stuart Simpson, CEO, Vertical Aerospace, said:

"With the launch of Valo, Vertical moves from prototype developer to aerospace manufacturer. Valo is the aircraft that turns electric flight into a commercial reality - clean, quiet, fast and engineered for everyday service. It marks a new dawn in transport, one that will connect people in minutes, not hours."

Domhnal Slattery, Chair, Vertical Aerospace, said:

"Valo sets a new standard - bigger, safer and more capable than anything in the sector. It's a breakthrough for aviation and a clear sign of the UK's leadership in aerospace. Valo embodies the best of Vertical - precision engineering, passenger-first design and deep collaboration with global aerospace partners - creating an aircraft with the most compelling operator economics."

A major boost for UK aerospace and economy

The introduction of Valo will mark the UK's return to designing and manufacturing new whole commercial aircraft for the first time in over 30 years and a significant opportunity for the national economy. According to an <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frontier-economics.com%2Fmedia%2F2lnhjjgu%2Fvertical-aerospace-economic-impact.pdf&amp;esheet=54373280&amp;newsitemid=20251209050960&amp;lan=en-US&amp;anchor=independent+report&amp;index=1&amp;md5=806efb15c88412f2ca6be29641c091ea" shape="rect">independent report</a> published last week by Frontier Economics, Vertical is expected to create over 2,000 high-skilled UK jobs and contribute £3 billion annually to the economy by 2035.

Public open house today

Vertical is hosting a public open house from 10:00–14:00 GMT at The Pelligon, Canary Wharf, where visitors can see Valo at full scale.

Notes to Editor

Valo – Key Target Technical Specifications
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Range &amp; Speed: Up to 100 miles at up to 150 mph, with zero operating emissions and quiet performance (&lt;50 dBA in cruise).
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Battery power: Eight liquid-cooled under-floor battery packs; ~12-minute short-mission recharge; architecture designed to accommodate future battery advances.
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Safety: Designed to meet airliner-level safety standards (UK/EU 10⁻⁹; CAA/EASA, SC-VTOL Category Enhanced), enabling truly global portability.
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Redundancy: Eight electric motors (EPUs), each powered by multiple electrically isolated power lanes to ensure maximum safety.
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Cabin &amp; Payload: Largest cabin in its class; seating for up to six passengers plus observer seat; 550 kg / 1,200 lbs total payload at entry into service; space for six cabin bags and six checked bags; cockpit divider for safety and privacy.
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Versatility: Supports EMS, cargo, and future defence, hybrid and autonomous variants.
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</ul>
About Vertical Aerospace

Vertical Aerospace is a global aerospace and technology company pioneering electric aviation. Vertical is creating a safer, cleaner, and quieter way to travel. Valo is a piloted, four-passenger, Electric Vertical Take-Off and Landing (eVTOL) aircraft, with zero operating emissions. Vertical is also developing a hybrid-electric variant, offering increased range and mission flexibility to meet the evolving needs of the advanced air mobility market.

Vertical combines partnerships with leading aerospace companies, including GKN, Honeywell, Syensqo and Aciturri, with its own proprietary battery and propeller technology to develop the world's most advanced and safest eVTOL.

Vertical has c.1,500 pre-orders of Valo, with customers across four continents, including American Airlines, Avolon, Bristow, GOL and Japan Airlines. Certain customer obligations are expected to be fulfilled via third-party agreements. Headquartered in Bristol, UK, Vertical's experienced leadership team comes from top-tier aerospace and automotive companies such as Rolls-Royce, Airbus, GM, and Leonardo. Together, they have previously certified and supported over 30 different civil and military aircraft and propulsion systems.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements as contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. Any express or implied statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding the introduction of the Valo aircraft, the certification and the commercialization of Valo and the timing thereof, the final design and manufacture of Valo, the features and capabilities of Valo, the build of certification aircraft and timelines for that, Vertical's business strategy and plans and objectives of management for future operations, including capital expenditure requirements, which may be higher than anticipated; our ability and plans to raise additional capital to fund our operations; the completion of the piloted test programme phases including transition flight on the intended timeline or at all; the assumptions underlying the Company's goals; the differential strategy compared to our peer group; expectations surrounding pre-orders and commitments; our plans for capital expenditures, as well as statements that include the words goals," "targets," "objectives," "plan," "expect," "intend," "plan," "believe," "project," "forecast," "estimate," "may," "should," "anticipate," "will," "aim," "potential," "continue," "are likely to" and similar statements of a future or forward-looking nature. These forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Forward-looking statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation: we may not be able to raise funding through equity securities on acceptable terms, or at all; if we are unable to raise additional capital when we need or want them or generate sufficient cash flows, we may not be able to compete successfully or may need to scale back investments, which could materially impact our certification timeline, which would harm our business, results of operations, and financial condition; our limited operating history without manufactured non-prototype aircraft or completed eVTOL aircraft customer order; certain underlying agreements relating to the initial production facilities are non-binding and may be subject to change or termination. The goal targets, expectations and estimates included in this press release were prepared by the Company's management team based on information available at the time such information was developed and reflects numerous assumptions, including those related to general business, economic, market, and financial conditions, as well as other factors that are difficult to predict and many of which are beyond the Company's control. The Company believes the assumptions underlying such goals, targets, expectations and estimates were reasonable at the time such information was prepared. However, important factors that may affect actual results and cause the results reflected in such goals, targets, expectations and estimates not to be achieved including, among other things, risks and uncertainties relating to the Company's business, industry performance, the regulatory environment, and general business and economic conditions, as discussed under the caption "Risk Factors" in the Company&#39;s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission ("SEC") on March 11, 2025, as such factors may be updated from time to time in the Company's other filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. We disclaim any obligation or undertaking to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law.
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Justin Bates, Head of Communications <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:justin.bates@vertical-aerospace.com" shape="rect">justin.bates@vertical-aerospace.com</a> +44 7878 357 463
 Samuel Emden, Head of Investor Affairs <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:samuel.emden@vertical-aerospace.com" shape="rect">samuel.emden@vertical-aerospace.com</a> +447816 459 904

TSX:T

TELUS closes its US$ and CAD$ junior subordinated notes offerings, raising CAD$2.9 billion to support balance sheet deleveraging

VANCOUVER, B.C., Dec. 9, 2025 /CNW/ - TELUS announced today it has successfully closed its previously announced offering of US$1.5 billion aggregate principal amount of Fixed-to-Fixed Rate Junior Subordinated Notes in two series (together, the &#34;US Notes&#34;). The US Notes were offered through a syndicate of underwriters led by CIBC Capital Markets, BMO Capital Markets, TD Securities and Wells Fargo Securities. TELUS also announced today it has successfully closed its previously announced offering of CAD$800 million aggregate principal amount of Fixed-to-Fixed Rate Junior Subordinated Notes in two series (together, the &#34;Canadian Notes&#34;). The Canadian Notes were offered through a syndicate of agents led by CIBC Capital Markets, BMO Capital Markets and TD Securities.

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&#34;Our successful cross currency hybrid note offerings reinforce our proactive approach to capital management and commitment to deleveraging, while maintaining the financial flexibility to support our capital allocation priorities,&#34; said Darren Entwistle, President and CEO. &#34;Our significant progress in deleveraging is complemented by our strong financial momentum, including our confidence in delivering free cash flow at a compounded annual growth rate of minimum 10 per cent through 2028. This positive outlook provides a sustainable foundation to continue paying the dividend at its nominal level and support our clearly defined plan to advance and systematically step down the Discounted DRIP beginning in the first quarter of 2026. Importantly, these offerings and strategic undertakings, in combination with a number of other undertakings, support our efforts to reach a leverage ratio of approximately 3.3-times by the close of 2026 as we advance toward our target of approximately 3-times by year-end 2027.&#34;
A portion of the net proceeds of the US Notes and Canadian Notes offerings will be used to fund the previously announced tender offer, which commenced on December 4, 2025, to purchase for cash up to CAD$500 million (the &#34;Maximum Purchase Amount&#34;) of TELUS&#39; outstanding 3.95% Notes, Series CAB due February, 2050, 4.10% Notes, Series CAE due April, 2051, 4.40% Notes, Series CU due January, 2046, 4.40% Notes, Series CL due April, 2043, 4.70% Notes, Series CW due March, 2048, 2.85% Notes, Series CAF due November, 2031 and 4.75% Notes, Series CR due January, 2045 (the &#34;Tender Offer&#34;). TELUS has the right to increase, decrease or waive the Maximum Purchase Amount, in its sole discretion. TELUS intends to use the remaining net proceeds from the offerings not applied to the Tender Offer for the repayment of outstanding indebtedness, including the redemption of all of the CAD$600 million aggregate principal amount outstanding on TELUS&#39; 3.75% Notes, Series CV due March, 2026 and for other general corporate purposes.
This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. The securities offered have not been approved or disapproved by any securities regulatory authority in Canada or the United States, nor has any authority passed upon the accuracy or adequacy of the short form base shelf prospectus or the prospectus supplements.
The US Notes were not offered in Canada or to any resident of Canada except in transactions exempt from the prospectus requirements of applicable Canadian securities laws.
The Canadian Notes were not offered in the United States or to any U.S. person.
Forward-Looking Statements 
This news release contains statements about future events pertaining to the offerings and the Tender Offer, including the intended use of the net proceeds of the offerings, statements relating to our business objectives and our strategies to achieve those objectives, including the statements in this release regarding our approach to capital management and deleveraging plan, the timing and amount of the step down of the Discounted DRIP, expected targets for free cash flow growth and resulting dividend coverage ratio projections and reduction of our net debt to EBITDA leverage ratio 1. These statements are made pursuant to the &#34;safe harbour&#34; provisions of applicable securities laws in Canada and the United States Private Securities Litigation Reform Act of 1995. Disclosure regarding our financial targets is presented for the purpose of assisting our investors and others in understanding certain key elements of our expected financial results in 2025 and future years as well as our objectives, strategic priorities and business outlook. Such information may not be appropriate for other purposes.
Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future performance and events to differ materially from those described in the forward-looking statements. These statements are subject to risks and uncertainties and are made based on our current assumptions, including assumptions about future economic conditions and courses of action. Accordingly, this news release is subject to the disclaimer and the qualifications and should be read together with the risk factors and assumptions as set out in our 2024 annual management&#39;s discussion and analysis (&#34;MD&amp;A&#34;), and updated in our third quarter 2025 MD&amp;A, and in other TELUS public disclosure documents and filings with securities commissions in Canada (on SEDAR+ at <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4576304-1&amp;h=325018557&amp;u=https%3A%2F%2Fwww.sedarplus.ca%2Flandingpage%2F&amp;a=sedarplus.ca" target="_blank" rel="nofollow">sedarplus.ca</a>) and in the United States (on EDGAR at sec.gov). The forward-looking statements contained in this news release describe our expectations at the date of this news release and, accordingly, are subject to change after such date. Except as required by law, TELUS disclaims any intention or obligation to update or revise forward-looking statements.
<div xmlns="http://www.w3.org/1999/xhtml"><table xmlns="http://www.w3.org/1999/xhtml" border="0" cellspacing="0" cellpadding="1" class="prnbcc"><tr xmlns="http://www.w3.org/1999/xhtml"><td xmlns="http://www.w3.org/1999/xhtml" class="prngen2" colspan="1" rowspan="1">1
</td><td xmlns="http://www.w3.org/1999/xhtml" class="prngen2" colspan="1" rowspan="1">These are Non-GAAP and other specified financial measures. See Section 11.1 of TELUS&#39; third quarter 2025 MD&amp;A.
</td></tr></table></div>About TELUS
TELUS (TSX:<a class="ticker" href="https://www.benzinga.com/quote/T">T</a>, NYSE:<a class="ticker" href="https://www.benzinga.com/quote/TU">TU</a>) is a world-leading communications technology company operating in more than 45 countries and generating over CAD$20 billion in annual revenue with more than 20 million customer connections through our advanced suite of broadband services for consumers, businesses and the public sector. We are committed to leveraging our technology to enable remarkable human outcomes. TELUS is passionate about putting our customers and communities first, leading the way globally in client service excellence and social capitalism. TELUS Health is enhancing more than 160 million lives across 200 countries and territories through innovative preventive medicine and well-being technologies. TELUS Agriculture &amp; Consumer Goods utilizes digital technologies and data insights to optimize the connection between producers and consumers. TELUS Digital specializes in digital customer experiences and future-focused digital transformations that deliver value for their global clients. Guided by our enduring &#39;give where we live&#39; philosophy, TELUS, our team members and retirees have contributed CAD$1.8 billion in cash, in-kind contributions, time and programs including 2.4 million days of service since 2000, earning us the distinction of the world&#39;s most giving company.
Investor Relations Robert Mitchell <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:ir@telus.com" target="_blank" rel="nofollow">ir@telus.com</a> 
Media Relations Steve Beisswanger <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:Steve.Beisswanger@telus.com" target="_blank" rel="nofollow">Steve.Beisswanger@telus.com</a>
SOURCE TELUS Corporation
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ESOA

Energy Services of America Reports Fourth Quarter and Full Year Fiscal 2025 Results

New Wave Loans Provides $10.5 Million Loan for BH Group Assisted Living Acquisition “The Atrium Boca” from Blackstone

<article>
 <h2>BH Group Acquires The Atrium Boca with Financing from New Wave Loans</h2>
 On December 9, 2025, BH GSC Boca LLC, a collaboration between BH Group and an experienced assisted-living operator, announced the acquisition of The Atrium Boca, a licensed assisted-living facility located at 1080 NW 15th St, Boca Raton, Florida. The property was previously owned by Blackstone (BX) and was purchased for $12.25 million, a substantial discount from Blackstone’s acquisition price of $21.8 million in 2017.

 <section>
 <h3>Acquisition Financing and Strategic Plans</h3>
 The acquisition was financed by New Wave Loans, which provided a $10.5 million loan that includes reserves for capital expenditure (CAPEX). The partners have plans to reposition and stabilize the community through targeted operational improvements and enhanced resident care services.
 A representative from the operating partner commented, “We are excited to collaborate with BH Group on elevating The Atrium Boca. Our focus will be on strengthening operations, improving resident experience, and restoring the property to its full potential.”
 </section>

 <section>
 <h3>About BH Group</h3>
 BH Group is based in Miami and specializes in real estate investment and operations, especially focused on healthcare-adjacent and senior-housing assets. The firm is committed to value-add repositioning and operational optimization in its endeavors.
 </section>

 <section>
 <h3>About New Wave Loans</h3>
 New Wave Loans is a local private lending firm that offers fast, flexible, and creative financing solutions tailored for real estate professionals throughout Florida and the United States. The firm excels in managing complex transactions that require speed and certainty of execution.
 </section>

 <section>
 <h3>About The Atrium Boca</h3>
 The Atrium Boca is a well-regarded assisted-living community located at 1080 NW 15th St. in Boca Raton, Florida. It provides residents with personalized care, supportive services, and a comfortable, community-centered living environment.
 </section>

 <section>
 <h3>Media Contact</h3>
 For inquiries regarding New Wave Loans, please contact:
 <ul>
 <li>Ryan Powers, Partner</li>
 <li>Phone: 305-833-3873</li>
 <li>Email: <a href="mailto:Info@newwaveloans.com">Info@newwaveloans.com</a></li>
 </ul>
 </section>
</article>

California American Water Completes Acquisition of Yerba Buena Water Company

SAN DIEGO, Calif., Dec. 9, 2025 /PRNewswire/ -- California American Water announced today that it has completed its acquisition of the Yerba Buena Water Company water system. The purchase of the system, which serves approximately 250 customers, was previously approved by the California Public Utilities Commission (CPUC) and reflects California American Water&#39;s ongoing commitment to strengthening water infrastructure and enhancing service in communities across the state.

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&#34;This agreement is a positive step for our community,&#34; said Richard Morris, Chairman of the Board of Directors of Yerba Buena Water Company. &#34;By partnering with California American Water, we&#39;re ensuring the expertise and investment needed to maintain and improve our water system for years to come. Our customers will benefit from enhanced service and infrastructure improvements.&#34;
California American Water will begin providing water service to Yerba Buena Water Company customers immediately. Residents will receive new customer and account information in the mail within the coming weeks to help facilitate the transition. Yerba Buena Water Company customers will be able to take advantage of California American Water&#39;s customer service benefits, including its online account management portal, MyWater. Additional information is also available on a dedicated webpage, Yerba Buena Water, at californiaamwater.com/yerbabuena.
&#34;We&#39;re excited to welcome Yerba Buena Water Company customers to California American Water,&#34; said Sarah Leeper, President of California American Water. &#34;Our team is committed to help ensure a smooth transition and provide safe, clean and reliable water service as well as high-quality customer care that our customers expect and deserve. We look forward to bringing our experience, expertise and resources to support this community.&#34;
This marks California American Water&#39;s ninth acquisition in the past five years, adding more than 13,000 new water and/or wastewater customers since 2020.
About American Water  American Water (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/AWK">AWK</a>) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing&#xAE; by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water&#39;s 6,700 talented professionals leverage their significant expertise and the company&#39;s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.
For more information, visit amwater.com and join American Water on <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4576281-1&amp;h=3644055773&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcalifornia-american-water&amp;a=LinkedIn" target="_blank" rel="nofollow">LinkedIn</a>, <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4576281-1&amp;h=3959373456&amp;u=https%3A%2F%2Fwww.facebook.com%2Fcaamwater&amp;a=Facebook" target="_blank" rel="nofollow">Facebook</a>, <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4576281-1&amp;h=1113749759&amp;u=https%3A%2F%2Fx.com%2Fcaamwater&amp;a=X" target="_blank" rel="nofollow">X</a> and <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4576281-1&amp;h=1405855719&amp;u=https%3A%2F%2Fwww.instagram.com%2Fcalifornia_american_water%2F&amp;a=Instagram" target="_blank" rel="nofollow">Instagram</a>. 
About California American Water  California American Water, a subsidiary of American Water, provides safe, clean, reliable and affordable water and wastewater services to approximately 750,000 people.




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SOURCE American Water

MIAX

Miami International Holdings Announces Launch of Secondary Public Offering of Common Stock

PRINCETON, N.J. and MIAMI, Dec. 9, 2025 /PRNewswire/ -- Miami International Holdings, Inc. (&#34;MIAX&#34; or the &#34;Company&#34;) (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/MIAX">MIAX</a>), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today announced the launch of a proposed secondary public offering (the &#34;Offering&#34;) of 6,750,000 shares of its common stock including certain shares to be issued upon the exercise of warrants. The proposed Offering consists entirely of secondary shares to be sold by certain selling stockholders of the Company (the &#34;Selling Stockholders&#34;).

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The underwriters will have a 30-day option to purchase up to an additional 1,012,500 shares of common stock from the Selling Stockholders. The Company is not selling any shares of common stock in the proposed Offering and will not receive any proceeds from the Offering.
J.P. Morgan, Morgan Stanley and Piper Sandler are acting as lead joint bookrunning managers for the proposed offering. Raymond James, Rosenblatt, William Blair, and Keefe, Bruyette &amp; Woods, A Stifel Company are acting as joint bookrunning managers.
The proposed Offering of MIAX&#39;s shares of common stock will be made only by means of a prospectus. Copies of the prospectus relating to the proposed Offering may be obtained for free by visiting EDGAR on the U.S. Securities and Exchange Commission&#39;s (the &#34;SEC&#34;) website at <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4576301-1&amp;h=293929820&amp;u=https%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov" target="_blank" rel="nofollow">www.sec.gov</a>. Alternatively, copies of the preliminary prospectus may be obtained from: J.P. Morgan Securities LLC, Attention: c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:prospectus-eq_fi@jpmchase.com" target="_blank" rel="nofollow">prospectus-eq_fi@jpmchase.com</a> and <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:postsalemanualrequests@broadridge.com" target="_blank" rel="nofollow">postsalemanualrequests@broadridge.com</a>; Morgan Stanley &amp; Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; or Piper Sandler &amp; Co. at 350 North 5th Street, Suite 1000, Minneapolis, MN 55401, Attention: Prospectus Department, by telephone at (800) 747-3924, or by email at <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:prospectus@psc.com" target="_blank" rel="nofollow">prospectus@psc.com</a>.
A registration statement on Form S-1 relating to MIAX&#39;s common stock has been filed with the SEC but has not yet become effective. The shares of common stock may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy shares of common stock, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About MIAX Miami International Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/MIAX">MIAX</a>) is a technology-driven leader in building and operating regulated financial markets across multiple asset classes and geographies. MIAX operates nine exchanges across options, futures, equities and international markets including MIAX&#xAE; Options, MIAX Pearl&#xAE;, MIAX Emerald&#xAE;, MIAX Sapphire&#xAE;, MIAX Pearl Equities&#x2122;, MIAX Futures&#x2122;, MIAXdx&#x2122;, The Bermuda Stock Exchange (BSX) and The International Stock Exchange (TISE). MIAX also owns Dorman Trading, a full-service Futures Commission Merchant. Disclaimer and Cautionary Note Regarding Forward-Looking Statements This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as &#34;may,&#34; &#34;future,&#34; &#34;plan&#34; or &#34;planned,&#34; &#34;will&#34; or &#34;should,&#34; &#34;expected,&#34; &#34;anticipates,&#34; &#34;draft,&#34; &#34;eventually&#34; or &#34;projected.&#34; You are cautioned that such statements are based on management&#39;s current expectations and are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements. Additional risks and uncertainties that may cause actual results to differ materially include the risks and uncertainties listed in Miami International Holdings, Inc.&#39;s (together with its subsidiaries, the Company) public filings with the Securities and Exchange Commission. In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise. All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company&#39;s use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law. MIAX Contacts:
Investors <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:investor.relations@miaxglobal.com" target="_blank" rel="nofollow">investor.relations@miaxglobal.com</a> 
Media <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:media@miaxglobal.com" target="_blank" rel="nofollow">media@miaxglobal.com</a>




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SOURCE MIAX

Antero Midstream Announces Pricing of Upsized $600 Million Offering of Senior Notes

DENVER, Dec. 9, 2025 /PRNewswire/ -- Antero Midstream Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/AM">AM</a>) (&#34;Antero Midstream&#34;) announced today the pricing of its upsized private placement to eligible purchasers of $600 million in aggregate principal amount of 5.75% senior unsecured notes due 2034 at par (the &#34;Notes&#34;). The offering is expected to close on December 23, 2025, subject to customary closing conditions.

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Antero Midstream estimates that it will receive net proceeds of approximately $593 million, after deducting the initial purchasers&#39; discounts and estimated expenses. Antero Midstream intends to use the net proceeds from the offering, together with borrowings under Antero Midstream Partners LP&#39;s (&#34;Antero Midstream Partners&#34;) revolving credit facility and the net proceeds from the disposition of all of Antero Midstream&#39;s Utica Shale midstream assets (the &#34;Utica Disposition&#34;), to fund the acquisition of HG Energy II Midstream Holdings, LLC from HG Energy II LLC (the &#34;HG Acquisition&#34;), and related fees and expenses. The completion of this offering is not contingent on the consummation of the HG Acquisition or the Utica Disposition and the HG Acquisition and the Utica Disposition are not contingent on the closing of this offering.
If (i) the closing of the HG Acquisition has not occurred on or prior to the later of (x) June 2, 2026 and (y) such date to which the outside date under the Membership Interest Purchase Agreement, dated December 5, 2025, by and among by and among Antero Midstream Partners, Antero Resources Corporation, HG Energy II LLC, HG Energy II Production Holdings LLC and HG Energy II Midstream Holdings LLC (the &#34;HG Purchase Agreement&#34;) as in effect on the closing date of this offering may be extended in accordance with the terms thereof, which date shall be no later than September 2, 2026, any such extension to be set forth in an officers&#39; certificate delivered to the trustee prior to the close of business on June 2, 2026 or such other extended outside date as shall then be applicable (the &#34;Special Mandatory Redemption Outside Date&#34;), (ii) prior to the Special Mandatory Redemption Outside Date, the HG Purchase Agreement is terminated according to its terms without the closing of the HG Acquisition or (iii) Antero Midstream Partners determines based on its reasonable judgment that the HG Acquisition will not close prior to the Special Mandatory Redemption Outside Date or at all, Antero Midstream Partners will be required to redeem all of the outstanding Notes at a redemption price equal to 100% of the initial issue price of the Notes plus accrued and unpaid interest, if any, to but excluding the special mandatory redemption date.
The Notes to be offered have not been registered under the Securities Act of 1933, as amended (the &#34;Securities Act&#34;), or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and outside the United States pursuant to Regulation S under the Securities Act.
This press release is neither an offer to sell nor a solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, the Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful.
Antero Midstream Corporation is a Delaware corporation that owns, operates and develops midstream gathering, compression, processing and fractionation assets located in the Appalachian Basin, as well as integrated water assets that primarily service Antero Resources Corporation&#39;s properties. 
This release includes &#34;forward-looking statements.&#34; Such forward-looking statements are subject to a number of risks and uncertainties, many of which are not under Antero Midstream&#39;s control. All statements, except for statements of historical fact, made in this release regarding activities, events or developments Antero Midstream expects, believes or anticipates will or may occur in the future, such as statements regarding the proposed offering and the intended use of proceeds are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements speak only as of the date of this release. Although Antero Midstream believes that the plans, intentions and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements. Except as required by law, Antero Midstream expressly disclaims any obligation to and does not intend to publicly update or revise any forward-looking statements.
Antero Midstream cautions you that these forward-looking statements are subject to all of the risks and uncertainties incidental to our business, most of which are difficult to predict and many of which are beyond Antero Midstream&#39;s control. These risks include, but are not limited to, the risk that one or both of the HG Acquisition and the Utica Disposition will not close on the timeline anticipated, or at all, commodity price volatility, inflation, supply chain or other disruptions, environmental risks, Antero Resources Corporation&#39;s drilling and completion and other operating risks, regulatory changes or changes in law, the uncertainty inherent in projecting Antero Resources Corporation&#39;s future rates of production, cash flows and access to capital, the timing of development expenditures, impacts of world health events, cybersecurity risks, the state of markets for, and availability of, verified quality carbon offsets and the other risks described under the heading &#34;Item 1A. Risk Factors&#34; in Antero Midstream&#39;s Annual Report on Form 10-K for the year ended December 31, 2024 and its subsequently filed Quarterly Reports on Form 10-Q.




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SOURCE Antero Midstream Corporation

Orchid Island Capital Announces December 2025 Monthly Dividend and November 30, 2025 RMBS Portfolio Characteristics

<article>
 <header>
 <h1>Orchid Island Capital (NYSE: ORC) Declares December 2025 Dividend and Releases RMBS Portfolio Update</h1>
 <time datetime="2025-12-09T17:29:00Z">December 9, 2025</time>
 Source: GlobeNewsWire
 </header>
 <section>
 <h2>Dividend Declaration for December 2025</h2>
 Orchid Island Capital, Inc. (NYSE: ORC) announced today that its Board of Directors has declared a monthly cash dividend of $0.12 per share for December 2025. This dividend is scheduled to be paid on January 29, 2026, to shareholders on record as of December 31, 2025. The ex-dividend date is also set for December 31, 2025.
 </section>
 <section>
 <h2>Future Dividend Announcements</h2>
 The company intends to continue its trend of regular monthly cash distributions to common stockholders. The next announcement regarding dividends is anticipated on January 7, 2026.
 </section>
 <section>
 <h2>Compliance with REIT Regulations</h2>
 To maintain its status as a Real Estate Investment Trust (REIT), Orchid Island Capital must distribute at least 90% of its REIT taxable income to shareholders. This calculation excludes net capital gains and is conducted without consideration of dividends paid. If income is not distributed as required, the company could face taxation on undistributed taxable income and potential excise taxes.
 </section>
 <section>
 <h2>Current Share Counting</h2>
 As of December 9, 2025, Orchid Island Capital had 179,058,553 shares of common stock outstanding. This reflects an increase from 174,548,004 shares at the end of November 2025, and 148,239,401 shares as of September 30, 2025.
 </section>
 <section>
 <h2>RMBS Portfolio Characteristics as of November 30, 2025</h2>
 The company provided an update on its Residential Mortgage-Backed Securities (RMBS) portfolio as of November 30, 2025. The information released is considered preliminary and is subject to change. Key highlights include valuation characteristics and the performance of their RMBS assets.
 <ul>
 <li>RMBS Valuation Characteristics</li>
 <li>RMBS Assets by Agency</li>
 <li>Investment Company Act of 1940 Test Results</li>
 <li>Repurchase Agreement Exposure by Counterparty</li>
 <li>RMBS Risk Measures</li>
 </ul>
 </section>
 <section>
 <h2>About Orchid Island Capital, Inc.</h2>
 Orchid Island Capital, Inc. is a specialty finance company primarily engaged in leveraged investments in Agency RMBS. The company's portfolio strategy focuses on two main categories of Agency RMBS, which include:
 <ul>
 <li>Traditional pass-through Agency RMBS, such as mortgage pass-through certificates and collateralized mortgage obligations issued by Fannie Mae, Freddie Mac, or Ginnie Mae.</li>
 <li>Structured Agency RMBS.</li>
 </ul>
 The firm's management is provided by Bimini Advisors, LLC, a registered investment adviser with the U.S. Securities and Exchange Commission.
 </section>
 <section>
 <h2>Forward-Looking Statements</h2>
 This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements reflect Orchid Island Capital, Inc.'s current expectations, which are subject to change and cannot be guaranteed. Investors are encouraged to refer to the "Risk Factors" section of the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, to understand factors that could influence outcomes.
 </section>
</article>

WSFS

WSFS Financial Corporation Announces Pricing of Senior Unsecured Notes Offering

WSFS Financial Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/WSFS">WSFS</a>), the parent company of WSFS Bank, today announced the pricing of its underwritten public offering of $200 million aggregate principal amount of its Fixed-to-Floating Rate Senior Unsecured Notes due 2035 (the "Notes"). The Notes will bear interest from and including December 15, 2025 to but excluding December 15, 2030 at a fixed rate of 5.375% per annum, reflecting a spread of 160 basis points to the 5-year Treasury, payable semi-annually in arrears. From and including December 15, 2030 to, but excluding, December 15, 2035 (unless redeemed prior to such date), the Notes will bear interest at a floating rate per annum equal to the Three-Month Term SOFR, plus 189 basis points, payable quarterly in arrears.

The Notes may be redeemed, at the option of WSFS Financial Corporation, beginning on December 15, 2030, and on any scheduled interest payment date thereafter, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the date of redemption.

WSFS Financial Corporation intends to use the net proceeds from this offering to repay $150 million aggregate principal amount of its outstanding Fixed-to-Floating Rate Senior Unsecured Notes due 2030 and for general corporate purposes. The offering is expected to close on or about December 11, 2025, subject to customary closing conditions.

Piper Sandler, Keefe, Bruyette &amp; Woods, A Stifel Company, and RBC Capital Markets acted as joint book-running managers in the Notes offering.

The Notes are being offered pursuant to an effective registration statement (File No. 333-272862) which WSFS filed with the Securities and Exchange Commission (the "SEC") by means of a prospectus supplement and accompanying base prospectus.

Copies of the prospectus supplement and accompanying base prospectus relating to the offering of the Notes can be obtained without charge by visiting the SEC&#39;s website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54373163&amp;newsitemid=20251209279922&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=39c974aea747e4334fd8aa857511c636" shape="rect">www.sec.gov</a>, or may be obtained from: Piper Sandler &amp; Co., at 1251 Avenue of the Americas, 6th Floor, New York, New York 10020, Attn: Syndicate Operations, by email at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:fsg-dcm@psc.com" shape="rect">fsg-dcm@psc.com</a>, or by calling 1 (866) 805-4128; Keefe, Bruyette &amp; Woods, Inc. at 787 Seventh Avenue, 4th Floor, New York, NY 10019, by email at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:USCapitalMarkets@kbw.com" shape="rect">USCapitalMarkets@kbw.com</a>, or by calling 1 (800) 966-1559; RBC Capital Markets, LLC by calling 1 (866) 375-6829.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About WSFS Financial Corporation

WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and wealth management franchise in the Greater Philadelphia and Delaware region. As of September 30, 2025, WSFS Financial Corporation had $20.8 billion in assets on its balance sheet and $93.4 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (58), Delaware (38), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management, and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Trust Advisors, LLC, Bryn Mawr Trust&#xAE;, The Bryn Mawr Trust Company of Delaware, Cash Connect&#xAE;, NewLane Finance&#xAE;, WSFS Wealth Management, LLC, WSFS Institutional Services&#xAE;, and WSFS Mortgage&#xAE;. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.wsfsbank.com&amp;esheet=54373163&amp;newsitemid=20251209279922&amp;lan=en-US&amp;anchor=www.wsfsbank.com&amp;index=2&amp;md5=5f0eacf6d7ef6e646129062993ef75a0" shape="rect">www.wsfsbank.com</a>.

Forward-Looking Statements

This press release contains estimates, predictions, opinions, projections and other "forward-looking statements" as that phrase is defined in the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, references to the Company's predictions or expectations of future business or financial performance as well as its goals and objectives for future operations, financial and business trends, business prospects, and management's outlook or expectations for earnings, revenues, expenses, capital levels, liquidity levels, asset quality or other future financial or business performance, strategies or expectations. The words "believe," "expect," "anticipate," "plan," "estimate," "target," "project" and similar expressions, among others, generally identify forward-looking statements. Such forward-looking statements are based on various assumptions (some of which may be beyond the Company's control) and are subject to risks and uncertainties (which change over time) and other factors which could cause actual results to differ materially from those currently anticipated. Such risks and uncertainties include, but are not limited to, those discussed in the Company&#39;s Form 10-K for the year ended December 31, 2024, Form 10-Q for the quarter ended March 31, 2025, Form 10-Q for the quarter ended June 30, 2025, Form 10-Q for the quarter ended September 30, 2025, and other documents filed by the Company with the Securities and Exchange Commission from time to time.

We caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date on which they are made, and the Company disclaims any duty to revise or update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company for any reason, except as specifically required by law. As used in this press release, the terms "WSFS," "the Company," "registrant," "we," "us," and "our" mean WSFS Financial Corporation and its subsidiaries, on a consolidated basis, unless the context indicates otherwise.
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Investor Relations Contact: 
 Andrew Basile
 (215) 864-3547
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:abasile@wsfsbank.com" shape="rect">abasile@wsfsbank.com</a>

Media Contact: 
 Connor Peoples
 (215) 864-5645
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:cpeoples@wsfsbank.com" shape="rect">cpeoples@wsfsbank.com</a>

DMLP

Dorchester Minerals, L.P. Announces the Retirement of Mr.

<article>
 <h2>Dorchester Minerals, L.P. Announces Retirement of Key Executive</h2>
 Dallas, December 9, 2025 (GLOBE NEWSWIRE) - Dorchester Minerals, L.P. (NASDAQ: DMLP) has officially announced the retirement of Mr. William Casey McManemin from the Board of Managers of Dorchester Minerals Management GP LLC. This transition will take effect on December 31, 2025, marking a significant change in leadership for the Partnership.

 <section>
 <h3>Mr. McManemin's Legacy and Contributions</h3>
 William Casey McManemin has been a pivotal figure in Dorchester Minerals for over 37 years. He served as the Chief Executive Officer for 19 years and has been a member of the Board since the company’s inception in 2003. His leadership has been instrumental in shaping the core mineral and royalty holdings of the Partnership.
 <blockquote>
 Mr. Bradley Ehrman, current CEO, stated, “Casey’s contributions to the Partnership cannot be overstated – his vision and leadership have shaped the very foundation of Dorchester Minerals.”
 </blockquote>
 Under McManemin's guidance, Dorchester has focused on acquiring top-tier assets, which has positioned the company to generate long-term, tax-efficient cash flow for its partners.
 </section>
 
 <section>
 <h3>Transition and Future Direction</h3>
 In recognition of his dedicated service, the Board has appointed Mr. McManemin as Chairman Emeritus. This honorary title reflects his ongoing commitment to the Partnership, albeit without compensation or voting rights. Mr. Robert C. Vaughn, a co-founder and current Board member, has stepped in as Interim Chairman. Vaughn brings extensive knowledge of the Partnership's history and structure, positioning him to effectively lead during this transition.
 <blockquote>
 Vaughn remarked, “Casey and I have worked together for over three decades. His knowledge of our assets and disciplined management style have yielded significant returns for the Partnership.”
 </blockquote>
 </section>

 <section>
 <h3>New Board Appointment and Future Strategy</h3>
 Continuing the evolution of its governance, Dorchester Minerals has welcomed Mr. Albert G. Nance III to the Board of Managers effective January 1, 2026. Nance brings over 38 years of experience in the oil and gas industry, having previously served as Vice President of Land at Tri-C Resources, LLC. He currently manages mineral assets at Garg Oil, further bolstering the Board's expertise.
 Mr. McManemin expressed gratitude towards the company’s partners: “Achieving our goals has been deeply rewarding... I remain committed – both personally and financially – to the Partnership and its strategy.”
 </section>

 <section>
 <h3>About Dorchester Minerals, L.P.</h3>
 Dorchester Minerals, L.P. is a Dallas-based entity recognized for its ownership of producing and non-producing oil and natural gas minerals, royalties, overriding royalties, and net profits interests across 28 states. The common units of Dorchester Minerals trade on the NASDAQ Global Select Market under the symbol DMLP.
 </section>

 <section>
 <h3>Forward-Looking Statements</h3>
 This announcement may include “forward-looking statements” as defined by federal law. These statements are subject to various risks and uncertainties that could cause actual results to differ significantly from those anticipated. Potential risk factors include fluctuations in oil and natural gas prices and changes in economic conditions or regulatory requirements. More details are available in the Partnership's filings with the Securities and Exchange Commission.
 </section>

 <footer>
 Contact: Martye Miller
 3838 Oak Lawn Ave., Suite 300, Dallas, Texas 75219-4541
 (214) 559-0300
 </footer>
</article>

SKIL

Skillsoft Global Knowledge Awarded a 2025 AWS Partner Award

Skillsoft Global Knowledge recognized as EMEA Training Partner of the Year winner, one of many AWS Partners around the globe that help their customers drive innovation

<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.skillsoft.com%2F&amp;esheet=54373232&amp;newsitemid=20251209771216&amp;lan=en-US&amp;anchor=Skillsoft+Global+Knowledge&amp;index=1&amp;md5=57da426143e0f4875b48466dbc6d79c8" shape="rect">Skillsoft Global Knowledge</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SKIL">SKIL</a>) is excited to announce it is a recipient of a 2025 Global AWS Partner Award, recognizing leaders around the globe that are playing key roles in helping their customers drive innovation and build solutions on Amazon Web Services (AWS). Skillsoft Global Knowledge is pleased to be named the winner of EMEA Training Partner of the Year, a recognition of its impact in equipping learners across the region with the cloud, data, security, and engineering skills needed to support modern AWS environments and prepare the workforce for emerging AI-driven technologies.

Announced during the Partner Awards Gala at AWS re:Invent 2025, the Geographic and Global AWS Partner Awards recognize a wide range of AWS Partners that have embraced specialization, innovation, and cooperation over the past year. Geo and Global AWS Partner Awards recognize partners whose business models continue to evolve and thrive on AWS as they support their customers. Skillsoft Global Knowledge delivers a blended learning model that combines instructor-led courses, virtual classrooms, hands-on labs and bootcamps — helping technical professionals build job-ready expertise across cloud architecture, machine learning, cybersecurity, DevOps, and data analytics.

Through large-scale workforce development initiatives and public-private partnerships across the region, Skillsoft Global Knowledge has helped organizations create pathways into high-demand technology roles, strengthen employability, and expand access to AWS skills at scale. These programs form the technical foundation that enables organizations to adopt, secure, and operationalize cloud and AI technologies.

"We're honored to be recognized by AWS for our work advancing cloud and technical skills across EMEA," said Darren Bance, GM of Skillsoft Global Knowledge. "As cloud and AI adoption accelerates, organizations need deep, job-ready expertise to architect, secure, and optimize their environments. Our teams are proud to support the workforce capabilities that make that innovation possible. This award reflects the dedication of our instructors, partners, and learners across the region."

The Geography and Global AWS Partner Awards included a self-nomination process across several award categories, awarded at both the geographic and global level. All AWS Partners were invited to participate and submit a nomination. Award submissions were reviewed by a third-party, Canalys, and selected with special emphasis placed on customer success use cases.

In addition, there were several data-driven award categories, which were evaluated by a unique set of metrics that helped measure AWS Partners' performance over the past year. Canalys audited the datasets used to ensure that all measurements and calculations were objective and accurate. Finalists represented the top three ranked AWS Partners across each category.

The AWS Partner Network (APN) is a global program focused on helping partners innovate, accelerate their journey to the cloud, and take full advantage of the breadth and depth of AWS.

About Skillsoft
 Skillsoft (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SKIL">SKIL</a>) is a global leader in AI-native skills management for the human + AI era. By unifying learning, real-time skills intelligence, and workforce insights, Skillsoft helps enterprises build their Skillforce&#x2122; — humans and AI working together to drive measurable business outcomes. Through personalized, interactive learning across leadership, technology, and compliance, Skillsoft enables organizations to close critical skill gaps and accelerate transformation. Skillsoft is trusted by thousands of organizations worldwide, including 60% of the Fortune 1000, and supports a global community of more than 105 million learners. Learn more at skillsoft.com.
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Investors 
 Ross Collins or Stephen Poe
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:SKIL@alpha-ir.com" shape="rect">SKIL@alpha-ir.com</a>

Media 
 Skillsoft PR
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:PR@skillsoft.com" shape="rect">PR@skillsoft.com</a>

GPRK

GeoPark Comments on Engagement with Parex Resources

GEOPARK ENGAGED SUBSTANTIVELY AND PROVIDED AMPLE INCREMENTAL INFORMATION TO PAREX TO SUPPORT AN IMPROVED OFFER ABOVE $9.00 PER SHARE

GEOPARK REMAINS CONFIDENT IN ITS STRATEGY AND FUTURE GROWTH PROSPECTS

GeoPark Limited ("GeoPark" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/GPRK">GPRK</a>), a leading independent energy company with over 20 years of successful operations across Latin America, today commented on Parex Resources Inc.'s (&#34;Parex&#34;) announcement that it has halted discussions with GeoPark regarding a potential transaction:
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
GeoPark's Board and management team have always been open to entering into transactions that maximize value for our shareholders. As such, we entered into discussions with Parex in good faith, aiming to negotiate a mutually agreeable transaction. From the outset of negotiations, we have communicated our belief that Parex's September 4, 2025, offer of $9.00 per share undervalues GeoPark.
</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Over six weeks of extensive Special Committee and Board sessions and numerous meetings between our respective senior management teams, we provided Parex and its advisors access to substantial and comprehensive, non-public technical and financial information relevant to our ongoing operations and future upside potential – all of which is clearly incremental to the facts upon which Parex's original offer was founded. Importantly, Parex's $9.00 per share offer ascribed no value to GeoPark's transformative Vaca Muerta acquisition which was announced on September 25, 2025. The Board has communicated that any credible or constructive engagement going forward would require a revised proposal beginning in the double-digits.
</li>
</ul>
This incremental information includes:
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Certified 2025 reserves report showing total 2P reserves increased 38% year-over-year to 121 mmboe (including an increase in Colombia as well as the addition of the Argentinian asset), with reserve replacement ratios for 1P, 2P and 3P all exceeding 100% – underscoring GeoPark's ability to fully replace production and continue building long-term asset value.
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
This represents a 48% increase in 2P reserves versus the 82 mmboe available at the time of Parex's original offer (2024 2P reserves of 87.6 mmboe, net of previously announced 2025 divestments)
</li>
</ul>
</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Data supporting an additional ~18 mmboe of risked reserves across the Llanos 34 and Llanos 123 blocks in Colombia (pending certification), further enhancing GeoPark's near-term production and value outlook.
</li>
<li xmlns="http://www.w3.org/1999/xhtml">
A reserves report certifying a 22% increase (206 million barrels) in 2P OOIP in the Llanos 34 block, confirming a larger resource base and strengthening the asset's long-term upside.
</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Detailed information demonstrating that the Vaca Muerta transaction materially strengthens GeoPark's asset base and growth trajectory, adding ~37 mmboe of 2P reserves, extending the Company's 2P reserve life index to 12.7 years.
</li>
</ul>
In an effort to ensure that GeoPark shareholders also had the latest information, the Company released its <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.geo-park.com%2Fpress_releases%2Fgeopark-announces-2p-reserve-replacement-of-430%2F&amp;esheet=54373218&amp;newsitemid=20251209719920&amp;lan=en-US&amp;anchor=2025+Reserves+Report&amp;index=1&amp;md5=b6f4ff3a116dfebce14c26ff777b5d2a" shape="rect">2025 Reserves Report</a> and <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.geo-park.com%2Fpress_releases%2Fgeopark-announces-2026-work-program-and-medium-term-guidelines%2F&amp;esheet=54373218&amp;newsitemid=20251209719920&amp;lan=en-US&amp;anchor=2026-2028+Guidance&amp;index=2&amp;md5=eaa32ece84bcefc3b70393943298a727" shape="rect">2026-2028 Guidance</a> publicly.

Background and Engagement with Parex

As announced on October 29, 2025, the GeoPark Board unanimously rejected an unsolicited, non-binding proposal from Parex to acquire GeoPark in an all-cash transaction for $9.00 per share, received on September 4, 2025. Parex's initial offer was submitted mere weeks before GeoPark's transformative transaction in Vaca Muerta, which materially enhanced GeoPark's asset base and growth trajectory. After engaging in a comprehensive evaluation process, the Board concluded the proposal undervalued the Company and was not in the best interests of GeoPark or its shareholders. GeoPark's discussions with its shareholders have supported this view.

Following the completion of GeoPark's transformative transaction in Vaca Muerta and the public reiteration of Parex's $9.00 per share offer, GeoPark's Board formed a Special Committee of independent directors to evaluate any potential revised offer from Parex and other value-maximizing alternatives for the Company. In addition, the GeoPark Board authorized the Company to move expeditiously to execute a non-disclosure agreement and establish a virtual data room (VDR) through which it provided Parex with access to extensive technical and financial information relevant to GeoPark's operations and growth prospects, which was clearly incremental to the facts upon which Parex's September 4 offer was founded.

Through the course of GeoPark's engagement with Parex, Parex communicated that it is only interested in GeoPark's Colombian assets given its limited familiarity with unconventional resource development, including in Argentina, and its reservations more broadly regarding operating in Argentina based on past experience. GeoPark believes these factors constrain Parex's ability to reflect the full value of the Company's diversified portfolio in any revised proposal.

GeoPark subsequently was disappointed to learn from Parex's CEO on December 1, 2025 that Parex did not intend to increase its offer to acquire GeoPark for more than $9.00 per share. The GeoPark Board, consistent with its desire to maximize value for shareholders and seriously explore all options to do so, opened a direct line of communication with the Parex Board.

The GeoPark Board urged the Parex Board to reconsider its original offer and re-engage in negotiations with a view to reaching an outcome that is in the best interests of both companies' shareholders.

Outlook

GeoParks expects Adjusted EBITDA to more than double by 2028, driving a larger enterprise value supported by increased cash flow, lower leverage, and a broader, more diversified asset base. GeoPark will continue to focus on its operational strengths, financial discipline, and portfolio of high-quality assets, including executing its two-pronged strategy in Colombia and Argentina:
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Maximizing Core Production and Cash Generation in Colombia: The Company is focused on sustaining and improving the performance of its flagship Llanos 34 block and other key operated and non-operated assets. Following a strong 2025 and positive developments since GeoPark's 2025 Investor Day, Colombian production has reached a positive inflection point earlier than expected. Production is set to grow, supported by disciplined development, base optimization, enhanced recovery techniques, and strong results from recent wells. Colombia will continue to provide a solid foundation to generate sustainable free cash flow, balance sheet strength, and shareholder returns.
</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Returning to Growth with Vaca Muerta, Argentina: With the successful integration of the Loma Jarillosa Este and Puesto Silva Oeste blocks, GeoPark is confident it can unlock material long-term growth from its position in the unconventional Neuquén Basin. The team is focusing on accelerating drilling activity to deliver a step-change in production and cash flow. Vaca Muerta is expected to become a core growth platform in GeoPark's portfolio by year-end 2028.
</li>
</ul>
GeoPark remains open to considering offers that appropriately value the Company

Advisors

Goldman Sachs &amp; Co. LLC and J.P. Morgan Securities LLC are serving as financial advisors, Davis Polk &amp; Wardwell LLP and Conyers Dill &amp; Pearman Limited are serving as legal counsel, Okapi Partners LLC is serving as proxy and information agent, and FGS Global is serving as strategic communications advisor to GeoPark.

NOTICE

Additional information about GeoPark can be found in the "Invest with Us" section on the website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.geo-park.com&amp;esheet=54373218&amp;newsitemid=20251209719920&amp;lan=en-US&amp;anchor=www.geo-park.com&amp;index=3&amp;md5=f6e0842000d6e130b52455d4832b80a7" shape="rect">www.geo-park.com</a>.

Rounding amounts and percentages: Certain amounts and percentages included in this press release have been rounded for ease of presentation. Percentages included in this press release have not in all cases been calculated on the basis of such rounded amounts, but on the basis of such amounts prior to rounding. For this reason, certain percentages in this press release may vary from those obtained by performing the same calculations on the basis of the amounts in the financial statements. Similarly, certain other amounts included in this press release may not sum due to rounding.

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as ‘‘anticipate,'' ‘‘believe,'' ‘‘could,'' ‘‘expect,'' ‘‘should,'' ‘‘plan,'' ‘‘intend,'' ‘‘will,'' ‘‘estimate'' and ‘‘potential,'' among others.

Forward-looking statements that appear in a number of places in this press release include, but are not limited to, statements regarding the intent, belief or current expectations, regarding various matters, including, drilling campaign, production guidance, capital expenditures, and projected Adjusted EBITDA, ROACE, net debt to EBITDA, and net debt to EBITDA leverage ratio. Forward-looking statements are based on management's beliefs and assumptions, and on information currently available to the management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors.

Forward-looking statements speak only as of the date they are made, and the Company does not undertake any obligation to update them in light of new information or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances, or to reflect the occurrence of unanticipated events. For a discussion of the risks facing the Company which could affect whether these forward-looking statements are realized, see filings with the U.S. Securities and Exchange Commission (SEC).

Oil and gas production figures included in this release are stated before the effect of royalties paid in kind, consumption and losses. Annual production per day is obtained by dividing total production by 365 days.
<img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20251209719920r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20251209719920/en/" rel="nofollow">https://www.businesswire.com/news/home/20251209719920/en/</a>
For further information, please contact:

INVESTORS:

Maria Catalina Escobar 
 Shareholder Value and Capital Markets Director
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:mescobar@geo-park.com" shape="rect">mescobar@geo-park.com</a>

Miguel Bello 
 Investor Relations Officer
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:mbello@geo-park.com" shape="rect">mbello@geo-park.com</a>

Maria Alejandra Velez 
 Investor Relations Leader
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:mvelez@geo-park.com" shape="rect">mvelez@geo-park.com</a>

MEDIA:

Kelsey Markovich/Kim Textor 
 FGS Global
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:GeoPark@fgsglobal.com" shape="rect">GeoPark@fgsglobal.com</a>

Communications Department 
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:communications@geo-park.com" shape="rect">communications@geo-park.com</a>

Emeren Group Announces Results of Extraordinary General Meeting

NORWALK, Conn., Dec. 9, 2025 /PRNewswire/ -- Emeren Group Ltd (&#34;Emeren&#34; or the &#34;Company&#34;) (<a xmlns="http://www.w3.org/1999/xhtml" href="https://www.emeren.com" target="_blank" rel="nofollow">www.emeren.com</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SOL">SOL</a>), a leading global solar project developer, owner, and operator, today announced the results of its extraordinary general meeting (&#34;EGM&#34;) of shareholders held on December 9, 2025. Specifically, the Company&#39;s EGM of shareholders approved the following:

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 </a>
 

 </div>
1.       The adoption and approval of the Agreement and Plan of Merger dated June 18, 2025, as amended by an amendment agreement dated September 2, 2025 (the &#34;Merger Agreement&#34;), by and among Shurya Vitra Ltd. (&#34;Parent&#34;), Emeren Holdings Ltd. (&#34;Merger Sub&#34;) and the Company, and the articles of merger required to be filed with the Registrar of Corporate Affairs of the British Virgin Islands, pursuant to which Merger Sub will be merged with and into the Company, with the Company continuing as the surviving company (the &#34;Merger&#34;), and the transactions contemplated by the Merger Agreement, including the Merger.
2.       On a non-binding advisory basis, the compensation that may be paid or become payable to the Company&#39;s named executive officers that is based on or otherwise related to the Merger.
As resolutions 1 and 2 were proposed and approved by a quorate meeting, consideration of resolution 3 which would have authorized, if necessary or appropriate, the adjournment of the EGM to solicit additional proxies, was not required.
About Emeren Group Ltd
Emeren Group Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SOL">SOL</a>), a renewable energy leader, showcases a comprehensive portfolio of solar projects and Independent Power Producer (IPP) assets, complemented by a significant global Battery Energy Storage System (BESS) capacity. Specializing in the entire solar project lifecycle — from development through construction to financing — we excel by leveraging local talent in each market, ensuring our sustainable energy solutions are at the forefront of efficiency and impact. Our commitment to enhancing solar power and energy storage underlines our dedication to innovation, excellence, and environmental responsibility. For more information, go to <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.emeren.com/" target="_blank" rel="nofollow">www.emeren.com</a>.
For investor and media inquiries, please contact:
Emeren Group Ltd - Investor Relations <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:ir@emeren.com" target="_blank" rel="nofollow">ir@emeren.com</a>




<img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=CN43010&amp;sd=2025-12-09"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/emeren-group-announces-results-of-extraordinary-general-meeting-302637186.html" target="_blank">https://www.prnewswire.com/news-releases/emeren-group-announces-results-of-extraordinary-general-meeting-302637186.html</a>
SOURCE Emeren Group Ltd

AGRO

ADECOAGRO S.A. ANNOUNCES OFFERING OF ITS COMMON SHARES

LUXEMBOURG, December 9, 2025 /PRNewswire/ -- Adecoagro S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/AGRO">AGRO</a>) (&#34;Adecoagro&#34; or the &#34;Company&#34;) today announced that it has commenced a public offering of $300,000,000 of its common shares, subject to market and other conditions. J.P. Morgan and BofA Securities will act as global coordinators and joint book-running managers. BTG Pactual, Citigroup and Itaú BBA will act as joint book-running managers. The Company has granted the underwriters the right to purchase up to an additional $11,100,000 of its common shares. The underwriters can exercise this right from time to time within 30 days after December 11, 2025.

Our controlling shareholder, Tether Investments S.A. de C.V. (&#34;Tether&#34;), and certain of our management and other investors have indicated an interest in purchasing common shares in this offering at the public offering price. Tether has indicated an interest in purchasing approximately $200.0 million of those common shares, and certain of our management and other investors have indicated an interest in purchasing an aggregate of approximately $26.0 million of those common shares. However, because indications of interest are not binding agreements or commitments to purchase, the underwriters could determine to sell more, fewer or no shares to Tether or to such other investors, and each of Tether and such other investors could determine to purchase more, fewer or no shares in this offering.
The shares are being offered pursuant to an effective shelf registration statement that has been filed with the Securities and Exchange Commission (the &#34;SEC&#34;). A preliminary prospectus supplement related to the offering has been filed with the SEC and is available on the SEC&#39;s website at <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.sec.gov" rel="nofollow">http://www.sec.gov</a>. Copies of the preliminary prospectus supplement and accompanying prospectus related to the offering may be obtained by contacting J.P. Morgan Securities LLC at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:prospectus-eq_fi@jpmchase.com" rel="nofollow">prospectus-eq_fi@jpmchase.com</a> and <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:postsalemanualrequests@broadridge.com" rel="nofollow">postsalemanualrequests@broadridge.com</a>; BofA Securities at NC1-022-02-25, 201 North Tryon Street, Charlotte, NC  28255-0001, attn: Prospectus Department or by email at <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:dg.prospectus_requests@bofa.com" rel="nofollow">dg.prospectus_requests@bofa.com</a>; Banco BTG Pactual S.A. - Cayman Branch, Equity Capital Markets, at 601 Lexington Ave, 57th floor, New York NY 10022 or by email at <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:ol-ecm@btgpactual.com" rel="nofollow">ol-ecm@btgpactual.com</a> or by telephone at 1-212-293-4600; Citigroup at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at 1-800-831-9146; or Itau BBA USA Securities, Inc. at 540 Madison Avenue 24th Floor, New York, NY 10022, attn: Equity Sales Desk or by email at <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:roadshowdesk@itaubba.com" rel="nofollow">roadshowdesk@itaubba.com</a> or <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:IBBA-IBDECM@itaubba.com" rel="nofollow">IBBA-IBDECM@itaubba.com</a> or by telephone at 1-212-710-6756.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction
About Adecoagro Adecoagro is a leading sustainable production company in South America. Adecoagro owns 210.4 thousand hectares of farmland, and several industrial facilities spread across the most productive regions of Argentina, Brazil and Uruguay, where it produces over 3.1 million tons of agricultural products and over 1 million MWh of renewable electricity.
Cautionary Statement on Forward-Looking Statements This press release contains &#34;forward-looking statements&#34; within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based on current expectations and assumptions as of the date of this release and involve known and unknown risks and uncertainties that could cause actual results to differ materially. These forward-looking statements may include, but are not limited to, statements regarding the Company&#39;s ability to access the capital markets, raise future financing or sell securities pursuant to the shelf registration statement. Actual results may differ materially due to market conditions and other risks discussed in the Company&#39;s filings with the SEC. Risks and uncertainties that may cause actual results to differ include risks disclosed in the Company&#39;s filings with the SEC, including its Annual Report on Form 20-F for the year ended December 31, 2024, and subsequent filings.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances.
For further information, please contact: Victoria Cabello IR Officer Email: <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:ir@adecoagro.com" rel="nofollow">ir@adecoagro.com</a>




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SOURCE Adecoagro S.A.

HSTM

HealthStream CEO Rewards Employees with Contribution of Personally Owned Shares of Company Stock

HealthStream (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HSTM">HSTM</a>), a leading healthcare technology platform company for workforce solutions, today announced that its Chief Executive Officer, Robert A. Frist, Jr., has contributed approximately $3.5 million of his personally owned shares of HealthStream common stock for the benefit of HealthStream employees. To accomplish this, Mr. Frist has contributed 146,286 of his shares to HealthStream, and HealthStream has approved the grant of that same number of shares under its 2022 Omnibus Incentive Plan to eligible employees, as noted below. These shares will not be subject to any vesting conditions and are being issued effective immediately.

Over 700 HealthStream employees that have worked a minimum of the last three years at the Company will receive shares of stock from this contribution. The number of shares that each employee receives will increase proportionally according to their individual years of service. No executives, vice presidents, or associate vice presidents who periodically receive equity grants as part of their compensation package will receive any shares in connection with Mr. Frist's contribution.

"I am excited to make this special contribution of shares of stock to our employees," said Robert A. Frist, Jr., Chief Executive Officer, HealthStream. "By sharing ownership in our Company, I am recognizing the hard work of our team and inviting them to join me as a fellow stakeholder in HealthStream's future success. Working together, I believe we are achieving our vision to improve the quality of healthcare by developing the people who deliver care—and this gift represents my appreciation for joining me on this journey."

The grant of HealthStream common stock for employees will result in no dilution of shares to any existing shareholders other than Mr. Frist. In addition, Mr. Frist has contributed an additional 11,492 shares (valued at approximately $275,000) to HealthStream, without consideration paid to Mr. Frist, which amount is equivalent to the estimated Company costs associated with the equity grants, such as administrative expenses and employer payroll taxes which will be associated with the grants. The Company will record a compensation expense of approximately $3.5 million, along with approximately $275,000 for such administrative expenses and employer payroll taxes, in connection with this transaction in the fourth quarter of 2025. This transaction is expected to reduce operating income, net income, and earnings per share as follows (in thousands, except per share data):
<table xmlns="http://www.w3.org/1999/xhtml" cellspacing="0" class="bwtablemarginb bwblockalignl bwwidth100">
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Financial Measure

</td>
<td xmlns="http://www.w3.org/1999/xhtml" class="bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth50 bwalignc" rowspan="1" colspan="1">
Increase (Decrease) Amount

</td>
</tr>
<tr xmlns="http://www.w3.org/1999/xhtml">
<td xmlns="http://www.w3.org/1999/xhtml" class="bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwwidth50 bwpadl2" rowspan="1" colspan="1">
Operating income

</td>
<td xmlns="http://www.w3.org/1999/xhtml" class="bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth50 bwalignc" rowspan="1" colspan="1">
$ (3,775)

</td>
</tr>
<tr xmlns="http://www.w3.org/1999/xhtml">
<td xmlns="http://www.w3.org/1999/xhtml" class="bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwwidth50 bwpadl2" rowspan="1" colspan="1">
Net income

</td>
<td xmlns="http://www.w3.org/1999/xhtml" class="bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth50 bwalignc" rowspan="1" colspan="1">
$ (2,955)

</td>
</tr>
<tr xmlns="http://www.w3.org/1999/xhtml">
<td xmlns="http://www.w3.org/1999/xhtml" class="bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwwidth50 bwpadl2" rowspan="1" colspan="1">
Earnings per share

</td>
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$ (0.10)

</td>
</tr>
</table>
In addition, the only impact on adjusted EBITDA will be the administrative expenses and employer payroll taxes of approximately $275,000 as set forth above. The financial impact of the transaction will all be recorded in the fourth quarter of 2025.

Scott A. Roberts, Chief Financial Officer, HealthStream, commented, "Keep in mind that the impact to our financials is not based on our operational performance, but is the result of the accounting treatment of the stock contribution. The compensation expense and administrative expenses associated with processing the distribution of shares to employees necessarily pass through our operating income, net income, and earnings per share—as that impact is shown in the table above."

Roberts added, "I believe that since this benefit is being paid with resources coming from outside the Company, it is a bonus for shareholders as they enjoy the benefits of a more engaged, rewarded workforce without the Company's equity being used to pay for it. To accurately understand the full financial impact, it is important to keep in mind that CEO Frist generously contributed shares of his personally owned stock to the Company in an amount equal to this expense."

About HealthStream

HealthStream (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HSTM">HSTM</a>) is the healthcare industry's largest ecosystem of platform-delivered workforce solutions that empowers healthcare professionals to do what they do best: deliver excellence in patient care. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.healthstream.com&amp;esheet=54373214&amp;newsitemid=20251209269432&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.healthstream.com&amp;index=1&amp;md5=35818ea4b80c711ee9f449e1957e6390" shape="rect">http://www.healthstream.com</a> or call 615-301-3100.

This press release contains forward-looking statements that involve risks and uncertainties regarding HealthStream. This information has been included in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such results or events predicted in these statements may differ materially from actual future events or results. These forward-looking statements are based on a variety of assumptions that may not be realized, and which are subject to significant risks and uncertainties, including those risks and uncertainties referenced from time to time in the Company's filings with the Securities and Exchange Commission.
<img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20251209269432r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20251209269432/en/" rel="nofollow">https://www.businesswire.com/news/home/20251209269432/en/</a>
Mollie Condra, Ph.D.
 Head, Investor Relations &amp;
 Communications
 HealthStream
 (615) 301-3237

ATMV

AlphaVest Acquisition Corp and AMC Corporation Announce Closing of Business Combination

<article>
 <header>
 <h1>AlphaVest Acquisition Corp and AMC Corporation Complete Business Combination</h1>
 Newly formed entity to trade under "AMCI" on Nasdaq starting December 10, 2025.
 </header>
 <section>
 <h2>Transaction Overview</h2>
 New York, December 9, 2025 (GLOBE NEWSWIRE) - AlphaVest Acquisition Corp (NASDAQ: ATMV), a special purpose acquisition company, along with AMC Corporation ("AMC"), announced today the successful completion of their business combination. This strategic merger positions the combined company to enhance the commercialization of innovative AI-powered technology within the security sector.
 </section>
 <section>
 <h2>AMC Robotics Corporation: The New Entity</h2>
 The merged entity has been renamed AMC Robotics Corporation and is slated to trade on the Nasdaq Capital Market under the new ticker symbol AMCI by December 10, 2025. This rebranding reflects the enhanced focus on developing autonomous robotic solutions designed for safety and security applications.
 </section>
 <section>
 <h2>Financial Highlights and Growth Prospects</h2>
 As part of the business combination, the company successfully closed a private financing round, raising $8 million at a price of $10.00 per share. The total cash available to the combined entity, including funds from AlphaVest's trust, is expected to exceed $10.2 million prior to transaction-related expenses.
 <h3>Impacts of the Funding</h3>
 This funding is critical as AMC Robotics Corporation aims to accelerate the deployment of its AI-powered patrol and incident response robots, designed specifically for the warehousing sector. The anticipated innovations are expected to provide a competitive advantage in an evolving market.
 </section>
 <section>
 <h2>Leadership Insights</h2>
 Sean (Shengwei) Da, Chairman and CEO of AMC, stated, "Today marks an important milestone for AMC as we prepare to enter the public markets and begin trading on Nasdaq. Since 2014, we have built an established portfolio of smart security solutions..." He emphasized the company's commitment to advancing automation in the security sector, positioning AMC for long-term growth.
 </section>
 <section>
 <h2>About AMC Corporation</h2>
 AMC is recognized for its innovation in smart security and safety technology solutions. Their portfolio features AI-enhanced products, including YI security cameras that leverage advanced deep learning and edge computing. The introduction of the AI-powered quadruped robot exemplifies AMC's dedication to delivering cutting-edge technology to enhance enterprise security operations.
 </section>
 <section>
 <h2>Legal Advisors and Financing Partners</h2>
 The transaction was supported by various financial and legal advisors:
 <ul>
 <li>EarlyBirdCapital, Inc. and Small Seashell Limited - Financial Advisors to ATMV</li>
 <li>Revere Securities - Financial Advisor to AMC</li>
 <li>Graubard Miller - Legal Advisor to AMC</li>
 <li>Winston & Strawn LLP - Legal Advisor to ATMV</li>
 </ul>
 </section>
 <section>
 <h2>Forward-Looking Statements</h2>
 The information in this press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties, including potential growth opportunities and challenges AMC and ATMV might face post-transaction. Investors are encouraged to review the risk factors outlined in the definitive proxy statement/prospectus filed with the SEC.
 </section>
 <footer>
 <h2>Contact Information</h2>
 For more information, media inquiries can be directed to:
 Craig Mychajluk 
 Managing Director, Investor Relations 
 Alliance Advisors IRE: AMCRoboticsIR@allianceadvisors.com
 </footer>
</article>

NRSInsights' November 2025 Retail Same-Store Sales Report

<article>
 <header>
 <h1>NRSInsights Reports November 2025 Same-Store Sales Increase</h1>
 Newark, N.J., Dec. 09, 2025 – NRSInsights, a leader in retail sales data and analytics derived from the National Retail Solutions (NRS) point-of-sale (POS) platform, has released its monthly comparative same-store sales report for November 2025, highlighting notable growth in retail activity.
 </header>

 <section>
 <h2>Key November Performance Indicators</h2>
 As of November 30, 2025, the NRS retail network consisted of approximately 38,000 active terminals, processing transactions at around 32,900 independent retailers. These include convenience stores, bodegas, liquor stores, grocers, and tobacco vendors, mainly catering to urban consumers.
 
 <h3>Sales Overview</h3>
 <ul>
 <li>Same-store sales: Increased by 3.8% year-over-year, although it reflects a decrease of 0.7% compared to October 2025.</li>
 <li>Unit sales: Rose by 0.9% year-over-year but declined 0.9% from the previous month.</li>
 <li>Average prices: The dollar-weighted average for the top 500 items purchased saw a yearly increase of 3.1%.</li>
 </ul>
 </section>

 <section>
 <h2>Monthly Comparisons and Trends</h2>
 Despite a robust increase in same-store sales over the previous year, there was a noticeable slowdown month-over-month. For instance, same-store sales had jumped 5.7% in October, indicating a shift in consumer behavior.
 
 <h3>Transaction Insights</h3>
 For November, the average transactions per store per day decreased by 0.9% compared to last year, contrasting with a marginal gain of 0.1% in the previous month. The analytics indicate a continuing transformation in retail consumption patterns.
 </section>

 <section>
 <h2>Expert Commentary</h2>
 Brandon Thurber, VP of Data Sales & Client Success at NRS, stated, “Our independent retailer network generated steady momentum in November, with transactions up 0.9% and dollar sales increasing 3.8% versus November a year ago.” He noted strong performances in convenience categories, citing key products such as cigarettes, RTD cocktails, smokeless tobacco, and energy beverages.
 
 Thurber further explained that the inflation measure for November was recorded at 3.1%, the highest this year, representing a slight increase from October’s figure. “These results highlight the resilience of everyday convenience spending and the value our retailers provide to their local communities,” he added.
 </section>

 <section>
 <h2>NRSInsights Overview</h2>
 The NRSInsights monthly Same-Store Retail Sales Reports provide valuable data that reflects retail performance in independent, primarily urban stores. Comparisons for November 2025 were derived from roughly 216 million transactions across approximately 24,000 stores.

 <h3>NRS POS Platform Impact</h3>
 During November 2025, the NRS POS terminals processed over $2.07 billion in sales, marking a 14% year-over-year increase. This underscores the platform's critical role in catering to independent retailers across the United States and Canada.
 </section>

 <footer>
 National Retail Solutions, a subsidiary of IDT Corporation (NYSE: IDT), continues to enhance the business operations of independent retailers through innovative POS solutions and digital processing services.
 
 For further information, please contact:
 <ul>
 <li>Brandon Thurber, VP, Data Sales & Client Success at NRS – <a href="mailto:Brandon.Thurber@nrsplus.com">Brandon.Thurber@nrsplus.com</a></li>
 <li>Bill Ulrey, IDT Corporation – <a href="mailto:william.ulrey@idt.net">william.ulrey@idt.net</a></li>
 </ul>
 </footer>
</article>

Constellation Announces Private Exchange Offers and Consent Solicitations for Calpine Corporation Notes

ESRT

Empire State Building Sets New Standard as First LEED v5 Platinum Certified Building in New York State

<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.esrtreit.com%2F&amp;esheet=54373046&amp;newsitemid=20251209313155&amp;lan=en-US&amp;anchor=Empire+State+Realty+Trust%2C+Inc.&amp;index=1&amp;md5=3c7ba3e4a71e24e41d31162b73d9dc8c" shape="rect">Empire State Realty Trust, Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ESRT">ESRT</a>) today announced that the Empire State Building has achieved Leadership in Energy and Environmental Design (LEED) Platinum certification under the Existing Buildings: Operations + Maintenance Version 5 program, the highest level of recognition under the U.S. Green Building Council's latest standard. The Empire State Building is the largest LEED v5 Platinum project in the United States and the first in the state of New York to earn this recognition.

"This achievement reflects years of dedication by the Empire State Building team to set a high benchmark for energy efficiency and sustainability performance in existing buildings with a proven payback," said Dana Robbins Schneider, senior vice president, director of energy and sustainability at ESRT. "The new standards set by LEED v5 align with the systems and practices we have implemented at the building, which reinforces the strength of our long-term strategy."

The newly developed LEED v5 program is the most rigorous version to date and focuses on leadership in energy and environmental design through measurable performance in energy use, emissions, resilience, water, waste, IEQ, and responsible materials.

The Empire State Building has been LEED certified for more than a decade and advanced from Gold to Platinum under the new LEED v5 standard because of continued performance improvement. Developed with the Empire State Building's successful examples and advisory expertise, LEED v5 incorporates proven experience and practical approaches to achieve results and sets the highest sustainability standards. This certification awards buildings with the highest possible sustainability rating based on the most up-to-date criteria.

Through an industry-leading retrofit at the Empire State Building, ESRT has reduced energy use at the Empire State Building by 51%.

ESRT published the "Empire Building Playbook: An Owner's Guide to Low Carbon Retrofits" – co-created with NYSERDA and supported by other NYC-based landlords and the Clinton Global Initiative – to guide building owners in the steps to achieve a successful deep energy retrofit with a proven return on investment.

In its annual <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fonline.flippingbook.com%2Flink%2F751766%2F&amp;esheet=54373046&amp;newsitemid=20251209313155&amp;lan=en-US&amp;anchor=Sustainability+Report&amp;index=2&amp;md5=7253da2fa56f32b08800f804cc444c59" shape="rect">Sustainability Report</a>, ESRT transparently highlights its leadership, practices and progress toward its sustainability goals. Learn more about ESRT's environmental, social, and governance commitments <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.esrtreit.com%2Fsustainability%2F&amp;esheet=54373046&amp;newsitemid=20251209313155&amp;lan=en-US&amp;anchor=here&amp;index=3&amp;md5=d547ed9c05b32abfefb0a3b39ac33cb2" shape="rect">here</a>.

About Empire State Realty Trust
 Empire State Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ESRT">ESRT</a>) is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT's flagship Empire State Building, the "World&#39;s Most Famous Building," features its iconic Observatory, ranked the #1 Top Attraction in New York City for the fourth consecutive year in Tripadvisor's 2025 Travelers' Choice Awards: Best of the Best Things to Do. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of September 30, 2025, ESRT's portfolio is comprised of approximately 7.8 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units. More information about Empire State Realty Trust can be found at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.esrtreit.com%2F&amp;esheet=54373046&amp;newsitemid=20251209313155&amp;lan=en-US&amp;anchor=esrtreit.com&amp;index=4&amp;md5=da310871e09cf1a10834b23baec60832" shape="rect">esrtreit.com</a> and by following ESRT on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FEmpireStateRealtyTrust%2F&amp;esheet=54373046&amp;newsitemid=20251209313155&amp;lan=en-US&amp;anchor=Facebook&amp;index=5&amp;md5=1cff0c98a1e9c2b409a83686a1422ab7" shape="rect">Facebook</a>, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fesrtsocial%2F&amp;esheet=54373046&amp;newsitemid=20251209313155&amp;lan=en-US&amp;anchor=Instagram&amp;index=6&amp;md5=ee36f7f90892d227ac018c26feed523f" shape="rect">Instagram</a>, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tiktok.com%2F%40esrtsocial&amp;esheet=54373046&amp;newsitemid=20251209313155&amp;lan=en-US&amp;anchor=TikTok&amp;index=7&amp;md5=6e6ef23318d5a54ad3d54adc83d0a0b7" shape="rect">TikTok</a>, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fx.com%2Fesrtsocial%3Flang%3Den&amp;esheet=54373046&amp;newsitemid=20251209313155&amp;lan=en-US&amp;anchor=X&amp;index=8&amp;md5=7efaea362cb4fe8817457b8f9f36ca22" shape="rect">X</a>, and <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fempire-state-realty-trust%2F&amp;esheet=54373046&amp;newsitemid=20251209313155&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=9&amp;md5=8701189f3c240d0c42df9d9f86d964db" shape="rect">LinkedIn</a>.

Source: Empire State Realty Trust, Inc.
 Category: Sustainability
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MEDIA CONTACT: 
 Empire State Realty Trust 
 Jamie Heitner
 212-400-3339
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:jheitner@esrtreit.com" shape="rect">jheitner@esrtreit.com</a>

Qnity Announces Segment Leadership Transition

Qnity Electronics, Inc. ("Qnity") (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/Q">Q</a>), a premier technology solutions leader across the semiconductor value chain, today announced that it has appointed Sam Ponzo as Interim President of its Semiconductor Technologies segment, effective immediately. Sam's appointment follows a mutual decision between the Company and Sang Ho Kang that he would depart from this position.

Sam has close to three decades of strategic business management experience, most recently serving as Qnity's Chief Strategy &amp; Commercial Officer responsible for overseeing corporate strategy, commercial excellence and the company's key customer relationships. Prior to the launch of Qnity, Sam spent more than 25 years at DuPont where he held a range of significant leadership positions. Most notably, Sam served as vice president and general manager for DuPont's Industrial Solutions business in the Electronics &amp; Industrial segment from 2019 to 2024, which included several businesses that are part of Qnity's advanced electronics portfolio today. Sam was instrumental in delivering topline growth, operational improvement, and portfolio management including acquisitions.

In his interim role, Sam will work closely with the broader Semiconductor Technologies leadership team who bring decades of combined electronics industry expertise and deep experience working alongside Qnity's key customers.

Qnity will conduct a comprehensive search for the position.

About Qnity

Qnity is a premier technology provider across the semiconductor value chain, empowering AI, high performance computing, and advanced connectivity. From groundbreaking solutions for semiconductor chip manufacturing, to enabling high-speed transmission within complex electronic systems, our high-performance materials and integration expertise make tomorrow's technologies possible. More information about the company, its businesses and solutions can be found at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.qnityelectronics.com&amp;esheet=54373085&amp;newsitemid=20251209596860&amp;lan=en-US&amp;anchor=www.qnityelectronics.com&amp;index=1&amp;md5=bb41a3d6c35f72c8c0fd77ab35fcbfc2" shape="rect">www.qnityelectronics.com</a>.

Qnity&#x2122;, the Qnity Node Logo, and all products, unless otherwise noted, denoted with TM or &#xAE; are trademarks, trade names or registered trademarks of affiliates of Qnity Electronics, Inc.
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Investor Contact 
 Nahla Azmy
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:nahla.azmy@qnityelectronics.com" shape="rect">nahla.azmy@qnityelectronics.com 
</a> 
 Media Contact 
 Ashley Boucher
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ashley.boucher@qnityelectronics.com" shape="rect">ashley.boucher@qnityelectronics.com</a>

Northpointe Bancshares, Inc. Announces Completion of $70 Million Subordinated Notes Offering

Northpointe Bancshares, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/NPB">NPB</a>) ("Northpointe" or "Company"), the holding company for Northpointe Bank, today announced the completion of a private placement of $70,000,000 in aggregate principal amount of 7.50% Fixed-to-Floating Rate Subordinated Notes due 2035 (the "Notes"). Northpointe intends to use the net proceeds of the private placement to redeem its existing 8.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock"), and has notified the holders of the Series A Preferred Stock that Northpointe will be redeeming 100% of the Series A Preferred Stock effective December 30, 2025.

The Notes will initially bear interest at a fixed interest rate of 7.50% per annum until December 15, 2030, with interest during this period payable semi-annually in arrears beginning June 15, 2026. From December 15, 2030, to the stated maturity date or early redemption date, the interest rate will reset quarterly to an annual floating rate equal to a benchmark rate, which is expected to be the then current Three-Month Term Secured Overnight Financing Rate ("SOFR") plus 424 basis points, with interest during this period payable in arrears beginning December 15, 2030. The Notes are redeemable by the Company, in whole or in part, on any interest payment date on or after December 15, 2030, and at any time upon the occurrence of certain events. The Notes have been structured to qualify as Tier 2 capital for Northpointe for regulatory capital purposes.

Piper Sandler &amp; Co. acted as lead placement agent and Keefe, Bruyette &amp; Woods, A Stifel Company acted as co-placement agent for the transaction, both of which were represented by Holland &amp; Knight LLP. Alston &amp; Bird LLP served as legal counsel to Northpointe.

The Notes have not been registered under the Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release is for informational purposes only and shall not constitute an offer to sell, or the solicitation of an offer to buy any security, nor shall there be any sale in any jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The indebtedness evidenced by the Notes is not a deposit and is not insured by the Federal Deposit Insurance Corporation or any other government agency or fund.

About Northpointe Bancshares, Inc.
 Headquartered in Grand Rapids, Michigan, Northpointe Bancshares, Inc. is the holding company of Northpointe Bank, a client-focused company that provides home loans and retail banking products to communities across the nation. Our mission is to be the best bank in America by bringing value and innovation to the people we serve. To learn more visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.northpointe.com&amp;esheet=54373134&amp;newsitemid=20251209280408&amp;lan=en-US&amp;anchor=www.northpointe.com&amp;index=1&amp;md5=8deda94fe5ebf247d80e0a685b3423d3" shape="rect">www.northpointe.com</a>.

Forward-Looking Statements
 This press release may contain forward–looking statements regarding the financial performance, business prospects, growth and operating strategies of Northpointe Bancshares, Inc. and its affiliates (collectively, "Northpointe"). For these statements, Northpointe claims the protection of the safe harbor for "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release should be considered in conjunction with the other information available about Northpointe, including the information in the filings we make with the Securities and Exchange Commission (the "SEC"). Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance. The forward-looking statements are based on management's expectations and are subject to a number of risks and uncertainties. We have tried, wherever possible, to identify such statements by using words such as "anticipate," "estimate," "project," "intend," "plan," "believe," "will" and similar expressions in connection with any discussion of future operating or financial performance.

Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include: effects on Northpointe's business resulting from new U.S. domestic or foreign governmental trade measures, including but not limited to tariffs, import and export controls, foreign exchange intervention accomplished to offset the effects of trade policy or in response to currency volatility, and other restrictions on free trade; uncertain conditions within the domestic and international macroeconomic environment, including trade policy, monetary and fiscal policy, and conditions in the investment, credit, interest rate, and derivatives markets, and their impact on Northpointe and its customers; current financial conditions within the banking industry; changes in the level and volatility of interest rates, changes in spreads on earning assets and changes in interest bearing liabilities; increased interest rate sensitivity; the aggregate effects of elevated inflation levels in recent years; loss of key Northpointe personnel; increases in disintermediation; potential loss of fee income, including interchange fees, as new and emerging alternative payment platforms take a greater market share of the payment systems; estimates of fair value of certain of Northpointe's assets and liabilities; changes in prepayment speeds, loan originations, credit losses, market values, collateral securing loans and other assets; changes in sources of liquidity; legislative and regulatory actions and reforms; changes in accounting policies or procedures as may be adopted and required by regulatory agencies; litigation, regulatory enforcement, and legal compliance risk and costs; rapid technological developments and changes; cyber terrorism and data security breaches; the rising costs of cybersecurity; the ability of the U.S. federal government to manage federal debt limits; climate change and social justice initiatives; the inability to realize cost savings or revenues or to effectively implement integration plans and other consequences associated with mergers, acquisitions, and divestitures; acts of terrorism, war and global conflicts, such as the Russia and Ukraine conflict and the Israel and Hamas conflict; and supply chain disruptions and delays. These and additional factors that could cause actual results to differ materially from those expressed in the forward-looking statements are discussed in Northpointe's reports (such as the Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K) filed with the SEC and available at the SEC's website (<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54373134&amp;newsitemid=20251209280408&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=2&amp;md5=1c1bd7d1baa16fbbc339efabbd00cef5" shape="rect">www.sec.gov</a>). Undue reliance should not be placed on the forward–looking statements, which speak only as of the date hereof. Northpointe does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions that may be made to update any forward-looking statement to reflect the events or circumstances after the date on which the forward–looking statement is made, or reflect the occurrence of unanticipated events, except to the extent required by law.
<img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20251209280408r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20251209280408/en/" rel="nofollow">https://www.businesswire.com/news/home/20251209280408/en/</a>
Kevin Comps, President
 616-974-8491 &#x7C; <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:kevin.comps@northpointe.com" shape="rect">kevin.comps@northpointe.com</a>

Brad Howes, CFO
 616-726-2585 &#x7C; <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:brad.howes@northpointe.com" shape="rect">brad.howes@northpointe.com</a>

Church & Dwight to Sell VitaFusion and L'il Critters Brands

Church &amp; Dwight Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CHD">CHD</a>) has concluded its strategic review of its vitamin, minerals and supplement (VMS) business and is announcing today a definitive agreement to sell the VitaFusion&#xAE; and L'il Critters&#xAE; brands to Piping Rock Health Products, Inc. This agreement includes the VitaFusion&#xAE; and L'il Critters&#xAE; brands, relevant trademarks and licenses, and the company&#39;s manufacturing and distribution facilities in Vancouver and Ridgefield, Washington.

The transaction, which is subject to customary closing conditions, is expected to close before the end of this year.

"We believe Piping Rock, a company with deep experience in the vitamin business, will be a successful steward for VitaFusion&#xAE; and L'il Critters&#xAE;. We want to thank all of our dedicated VMS employees for their commitment and contributions to these brands. For the majority who will become Piping Rock employees, we will be watching from the sidelines and wishing you much success," said Rick Dierker, Church &amp; Dwight's Chief Executive Officer.

"This sale immediately makes our company's portfolio stronger, while enabling even more focus on Church &amp; Dwight's remaining power brands driving our market-leading performance and our forward-looking growth initiatives."

The VMS brands represent less than 5% of Church &amp; Dwight's anticipated 2025 net sales. As a result of this transaction, Church &amp; Dwight expects to incur a one-time, after-tax charge of $40 million to $45 million in the fourth quarter of 2025, net of proceeds, a non-cash impairment, and transition and transaction costs.

Perella Weinberg acted as financial advisor to Church &amp; Dwight and Proskauer Rose LLP acted as legal advisor. Piping Rock was advised by Freshfields LLP as legal advisor.

Church &amp; Dwight Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CHD">CHD</a>) founded in 1846, is the leading U.S. producer of sodium bicarbonate, popularly known as baking soda. The Company manufactures and markets a wide range of personal care, household, and specialty products under recognized brand names such as ARM &amp; HAMMER&#xAE;, TROJAN&#xAE;, OXICLEAN&#xAE;, SPINBRUSH&#xAE;, FIRST RESPONSE&#xAE;, NAIR&#xAE;, ORAJEL&#xAE;, XTRA&#xAE;, BATISTE&#xAE;, WATERPIK&#xAE;, ZICAM&#xAE;, THERABREATH&#xAE;, HERO&#xAE; and TOUCHLAND&#xAE;. For more information, visit the Company's website.

This press release contains forward-looking statements, including, among others, statements relating to the impact of the VMS divestiture and net sales; Other forward-looking statements in this release may be identified by the use of such terms as "may," "could," "expect," "intend," "believe," "plan," "estimate," "outlook," "forecast," "project," "anticipate," "to be," "to make" or other comparable terms. These statements represent the intentions, plans, expectations and beliefs of the Company, and are based on assumptions that the Company believes are reasonable but may prove to be incorrect. In addition, these statements are subject to risks, uncertainties and other factors, many of which are outside the Company's control and could cause actual results to differ materially from such forward-looking statements. Factors that could cause such differences include our ability to complete the VMS divesture, a decline in market growth, retailer distribution and consumer demand (as a result of, among other things, political, economic and marketplace conditions and events), including those relating to the outbreak of contagious diseases; the impact of new regulations and legislation and change in regulatory priorities of the new U.S. presidential administration; shifting economic policies in the United States; potential changes in export/import and trade laws, regulations and policies of the United States and other countries, including any increased trade restrictions or tariffs; increased or changing regulation regarding the Company's products and its suppliers in the United States and other countries where it or its suppliers operate; the impact on the global economy of the Russia/Ukraine war and conflict in the Middle East, including the impact of export controls and other economic sanctions; potential recessionary conditions or economic uncertainty; the impact of continued shifts in consumer behavior, including accelerating shifts to on-line shopping; unanticipated increases in raw material and energy prices, including as a result of the Russia/Ukraine war, increased conflict in the Middle East or other inflationary pressures; delays and increased costs in manufacturing and distribution; increases in transportation costs; labor shortages; the impact of price increases for our products; the impact of inflationary conditions; the impact of supply chain and labor disruptions; the impact of severe or inclement weather on raw material and transportation costs; adverse developments affecting the financial condition of major customers and suppliers; competition; changes in marketing and promotional spending; growth or declines in various product categories and the impact of customer actions in response to changes in consumer demand and the economy, including increasing shelf space or on-line share of private label and retailer-branded products or other changes in the retail environment; impairment charges or other negative impacts to the value of the Company's assets; consumer and competitor reaction to, and customer acceptance of, new product introductions and features; the risk that Touchland will not be integrated successfully; the risk that the cost savings from the Touchland acquisition will not be fully realized or will take longer to realize than expected; our ability to complete the VMS divesture and our other announced strategic alternatives for certain of our businesses and realize the intended benefits; the risk that the announcement of strategic alternatives could have an adverse effect on the Company; the Company's ability to maintain product quality and characteristics at a level acceptable to our customers and consumers; disruptions in the banking system and financial markets; the Company's borrowing capacity and ability to finance its operations and potential acquisitions; higher interest rates; foreign currency exchange rate fluctuations; market volatility; issues relating to the Company's information technology and controls; the impact of natural disasters, including those related to climate change, on the Company and its customers and suppliers, including third party information technology service providers; integrations of acquisitions or divestiture of assets; the outcome of contingencies, including litigation, pending regulatory proceedings and environmental matters; and changes in the regulatory environment in the countries where we do business.

For a description of additional factors that could cause actual results to differ materially from the forward-looking statements, please see Item 1A, "Risk Factors" in the Company's annual report on Form 10-K and quarterly reports on Form 10-Q. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by the U.S. federal securities laws. You are advised, however, to consult any further disclosures the Company makes on related subjects in its filings with the United States Securities and Exchange Commission.
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Lee McChesney
 Chief Financial Officer
 609-806-1900

ACHR

Archer Completes First Phase of Transactions to Acquire Control of Hawthorne Airport

Today, Archer Aviation (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ACHR">ACHR</a>) announced that it has now completed the first phase of its Hawthorne Airport transactions that includes the acquisition of the master lease from the City of Hawthorne and the associated subleases, giving it control of the real estate that makes up the airport. In early November, Archer <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.investors.archer.com%2Fnews%2Fnews-details%2F2025%2FArcher-To-Acquire-Los-Angeles-Airport-As-Strategic-Air-Taxi-Network-Hub-and-AI-Testbed%2Fdefault.aspx&amp;esheet=54373139&amp;newsitemid=20251209202217&amp;lan=en-US&amp;anchor=signed+a+series+of+definitive+agreements&amp;index=1&amp;md5=88a3f108a1bd852924fa091d1d6b48a4" shape="rect">signed a series of definitive agreements</a> to acquire control of this one-of-a-kind Los Angeles aviation asset.
This press release features multimedia. View the full release here: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20251209202217/en/" rel="nofollow">https://www.businesswire.com/news/home/20251209202217/en/</a><div xmlns="http://www.w3.org/1999/xhtml" id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img xmlns="http://www.w3.org/1999/xhtml" src="https://mms.businesswire.com/media/20251209202217/en/2665996/4/B0065614-Edit-vF.jpg" alt="Archer's Midnight aircraft at Hawthorne Airport"></img>Archer's Midnight aircraft at Hawthorne Airport</div>
Archer expects for the airport to serve as its operational hub for its planned <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.archer.com%2Fnews%2Fnews-details%2F2024%2FArcher-Unveils-Planned-Los-Angeles-Air-Taxi-Network-Ahead-Of-Major-Worldwide-Sporting-Events%2Fdefault.aspx&amp;esheet=54373139&amp;newsitemid=20251209202217&amp;lan=en-US&amp;anchor=L.A.+air+taxi+network+operations&amp;index=2&amp;md5=239e923af2118b66a941a9173c0f2f15" shape="rect">L.A. air taxi network operations</a>, including serving a key role in the LA28 Olympic &amp; Paralympic Games. Furthermore, the airport is a profitable enterprise, which Archer believes has significant additional upside that has yet to be realized.

The Hawthorne Airport is strategically located less than three miles from LAX, and is the closest airport to some of the city's biggest attractions: SoFi Stadium, The Forum, Intuit Dome and Downtown L.A.

Adam Goldstein, Archer's Founder and Chief Executive Officer, said, "This is an important milestone as we look to build out the future of air taxis right here in LA. We are helping our great cities rethink and redefine transportation as we prepare for the next phase of modernization and growth in our country."

The airport is located in the heart of L.A., sits on an 80-acre site and includes approximately 190,000 square feet of terminal, office and hangar facilities. The historic Hawthorne Airport was built in the 1920s and once helped shape Southern California&#39;s aerospace legacy and is also known as Jack Northrop Field.

Archer also plans to utilize the airport as an innovation testbed for the next-generation AI-powered aviation technologies that it is developing and planning to deploy with its airline and technology partners. This includes AI-powered air traffic and ground operations management, in addition to other key technologies. With this evolution, Archer expects it can significantly enhance the upside for the already-profitable Hawthorne enterprise.

Subsequently, Archer plans to acquire the airport's FBO and passenger terminal next year in the second phase of the transaction, giving Archer full control of the airport and its day-to-day operations.

About Archer

Archer is designing and developing the key enabling technologies and aircraft necessary to power the future of aviation. To learn more, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.archer.com%2F&amp;esheet=54373139&amp;newsitemid=20251209202217&amp;lan=en-US&amp;anchor=www.archer.com&amp;index=3&amp;md5=f466555457b1474b094266245cd59939" shape="rect">www.archer.com</a>.

Source: Archer
 Text: ArcherIR

Forward-Looking Statements

This press release contains forward-looking statements regarding Archer's future business plans, expectations, and opportunities. These statements include those regarding design and target specifications of its aircraft, the expansion of its planned lines of business and development of new business opportunities, such as operating Hawthorne Airport and using it as a testbed for next-generation AI-powered aviation technologies; revenue potential and anticipated benefits of its planned operations at Hawthorne Airport; and plans and anticipated benefits of acquisitions, strategic investments, and collaborations with third parties. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors. The risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in Archer's filings with the Securities and Exchange Commission ("SEC"), including its most recent Annual Report on Form 10-K which is available on its investor relations website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Finvestors.archer.com&amp;esheet=54373139&amp;newsitemid=20251209202217&amp;lan=en-US&amp;anchor=investors.archer.com&amp;index=4&amp;md5=90aed9a4336489319cc76cbc30703a46" shape="rect">investors.archer.com</a> and on the SEC website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54373139&amp;newsitemid=20251209202217&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=5&amp;md5=7b5b4a836e85620c89c72eba2e84dfbc" shape="rect">www.sec.gov</a>. In addition, please note that any forward-looking statements contained herein are based on assumptions that Archer believes to be reasonable as of the date of this press release. Archer undertakes no obligation to update these statements as a result of new information or future events.
<img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20251209202217r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20251209202217/en/" rel="nofollow">https://www.businesswire.com/news/home/20251209202217/en/</a>
Archer Media Contacts 
 The Brand Amp - <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:archer@thebrandamp.com" shape="rect">archer@thebrandamp.com</a>

MTCH

Match Group Announces Leadership Transition at Hinge and Strategic Spinout of New Venture, Overtone

Match Group to Lead the Funding Round for AI-driven Overtone and Support Hinge&#39;s Long-Term Growth Under Newly Promoted CEO Jackie Jantos
NEW YORK, Dec. 9, 2025 /PRNewswire/ -- Match Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MTCH">MTCH</a>) today announced a leadership transition at Hinge as Founder and CEO Justin McLeod steps away from the company to launch Overtone, a new standalone AI-driven venture backed by Match Group. As part of the transition, Jackie Jantos, currently Hinge&#39;s President and Chief Marketing Officer, has been promoted to Chief Executive Officer.

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Overtone originated inside Hinge, where McLeod and a dedicated team spent much of 2025 developing the concept with the full support of Match Group. Overtone is an early-stage dating service focused on using AI and voice tools to help people connect in a more thoughtful and personal way. Throughout the year, Match Group and Hinge provided substantial support for Overtone, including a pre-seed financing commitment in 2025 and access to relevant internal learnings and expertise, which accelerated Overtone&#39;s early exploration and development.
Match Group plans to lead Overtone&#39;s initial funding round in early 2026 and hold a substantial ownership position. This structure gives Overtone a significant head start and positions it as a well-backed and credible entrant in the fast-growing AI connection space. Overtone will operate independently as it continues development; Match Group CEO Spencer Rascoff will join its Board of Directors, and Overtone Founder and CEO Justin McLeod will be its Chairman.
&#34;Justin has been an extraordinary innovator and world-class founder, taking Hinge from an early idea to a global leader in intentional dating,&#34; said Spencer Rascoff, CEO of Match Group. &#34;We&#39;re proud to have incubated Overtone within Hinge and to now lead its funding round as he builds his next venture. With a strong foundation and leadership team in place, Hinge is poised for its next chapter under Jackie&#39;s leadership, focused on continued growth and innovation.&#34;
McLeod, who founded Hinge in 2011, will remain an advisor to Hinge through March to support the transition. His new company, Overtone, will build on his longstanding commitment to responsible, human-centered technology to support people seeking deeper relationships.
&#34;Building Hinge has been the privilege of my life, and I&#39;m incredibly proud of what the team has created,&#34; said McLeod. &#34;The company&#39;s momentum, including being on track to reach $1 billion in revenue by 2027, gives me full confidence in where Hinge is headed. I&#39;m grateful for Spencer and Match Group&#39;s continued support and excited for what comes next.&#34;
As CEO, Jackie Jantos will lead Hinge into its next phase of growth, building on four years of leadership across brand, culture, and product strategy. Under her tenure as President and CMO, Hinge expanded into Europe and Latin America, introduced new product innovations rooted in user insights, and strengthened its cultural relevance with Gen Z, which now represents Hinge&#39;s largest audience globally.
&#34;Hinge&#39;s mission to help people find meaningful, in-person relationships has never been more important. I am honored to lead this next chapter and to continue building on the strong foundation Justin created. Our focus will remain on intentional innovation that is grounded in culture, creativity, and a deep understanding of how people connect today,&#34; said Jackie Jantos, CEO of Hinge.
Hinge remains on a strong growth trajectory, supported by a clear long-term roadmap and a highly experienced leadership team under Jantos. This transition underscores Match Group&#39;s focus on innovation and on strengthening the category through apps that deepen human connection. Match Group will continue to invest in Hinge&#39;s momentum and in Overtone&#39;s development as part of its strategy to shape the future of the category through responsible AI and real-world outcomes.
About Match Group Match Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MTCH">MTCH</a>), through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Our global portfolio of brands includes Tinder&#xAE;, Hinge&#xAE;, Match&#xAE;, Meetic&#xAE;, OkCupid&#xAE;, Pairs&#x2122;, PlentyOfFish&#xAE;, Azar&#xAE;, BLK&#xAE;, and more, each built to increase our users&#39; likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the varying preferences of our users. Our services are available in over 40 languages to our users all over the world.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 This press release may contain &#34;forward-looking statements&#34; within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that are not historical facts are &#34;forward looking statements.&#34; The use of words such as &#34;anticipates,&#34; &#34;estimates,&#34; &#34;expects,&#34; &#34;plans,&#34; &#34;believes,&#34; &#34;will,&#34; and &#34;would,&#34; among others, generally identify forward-looking statements. These forward-looking statements include, among others, statements relating to: Match Group&#39;s and Hinge&#39;s future financial performance, Match Group&#39;s and Hinge&#39;s business prospects and strategy, anticipated trends, and other similar matters. These forward-looking statements are based on management&#39;s current expectations and assumptions about future events, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Actual results could differ materially from those contained in these forward-looking statements for a variety of reasons, including, among others: our ability to maintain or grow the size of our user base and convert users to paying users, the success of our product strategies, competition, our ability to realize reductions in in-app purchase fees, the limited operating history of some of our brands, our ability to attract users to our services through cost-effective marketing and related efforts, our ability to distribute our services through third parties and offset related fees, risks relating to our use of artificial intelligence, foreign currency exchange rate fluctuations (including anticipated gains from fluctuations), the integrity and scalability of our systems and infrastructure (and those of third parties) and our ability to adapt ours to changes in a timely and cost-effective manner, our ability to protect our systems from cyberattacks and to protect personal and confidential user information, impacts to our offices and employees from more frequent extreme weather events, risks relating to certain of our international operations and acquisitions, damage to our brands&#39; reputations as a result of inappropriate actions by users of our services, and macroeconomic conditions. Certain of these and other risks and uncertainties are discussed in Match Group&#39;s filings with the Securities and Exchange Commission. Other unknown or unpredictable factors that could also adversely affect Match Group&#39;s and Hinge&#39;s business, financial condition and results of operations may arise from time to time. In light of these risks and uncertainties, these forward-looking statements may not prove to be accurate. Accordingly, you should not place undue reliance on these forward-looking statements, which only reflect the views of Match Group management as of the date of this press release. Match Group does not undertake to update these forward-looking statements.




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SOURCE Match Group

AAR extends exclusive global distribution agreement with Collins Aerospace for Goodrich de-icing and specialty systems products

WOOD DALE, Ill., Dec. 9, 2025 /PRNewswire/ -- AAR CORP. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/AIR">AIR</a>), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a multi-year extension of its exclusive global distribution agreement with Collins Aerospace, an RTX business. The agreement includes the company&#39;s Goodrich de-icing and specialty systems product line.

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The collaboration supports Collins Aerospace&#39;s strategy to streamline aftermarket distribution by leveraging AAR&#39;s global logistics network to serve customers across the general aviation, commercial, and defense markets.
&#34;AAR is proud to continue delivering availability, responsiveness, and technical support to the wide range of customers who rely on Collins Aerospace Goodrich de-icing solutions,&#34; said Frank Landrio, AAR&#39;s Senior Vice President of Distribution. &#34;Our execution and ability to gain market share have resulted in tremendous growth of this product line.&#34;
For more information on AAR&#39;s new parts Distribution activities, part of the Company&#39;s Parts Supply segment, visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4574888-1&amp;h=3670799409&amp;u=https%3A%2F%2Fwww.aarcorp.com%2Fen%2Fproducts%2Fdistribution%2F&amp;a=https%3A%2F%2Fwww.aarcorp.com%2Fen%2Fproducts%2Fdistribution%2F" target="_blank" rel="nofollow">https://www.aarcorp.com/en/products/distribution/</a>.
About AAR AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair &amp; Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4574888-1&amp;h=2111275494&amp;u=https%3A%2F%2Fwww.aarcorp.com%2F&amp;a=aarcorp.com" target="_blank" rel="nofollow">aarcorp.com</a>.
<div xmlns="http://www.w3.org/1999/xhtml"><table xmlns="http://www.w3.org/1999/xhtml" border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr xmlns="http://www.w3.org/1999/xhtml"><td xmlns="http://www.w3.org/1999/xhtml" class="prnpr2 prnpl2 prnvab prncbts prnbrbrs prnbbbs prnbsbls" colspan="1" rowspan="1">This press release may contain certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, reflecting management&#39;s expectations about future conditions, including anticipated activities and benefits under the extended distribution agreement. Forward-looking statements may also be identified because they contain words such as &#39;&#39;anticipate,&#39;&#39; &#39;&#39;believe,&#39;&#39; &#39;&#39;continue,&#39;&#39; &#39;&#39;could,&#39;&#39; &#39;&#39;estimate,&#39;&#39; &#39;&#39;expect,&#39;&#39; &#39;&#39;intend,&#39;&#39; &#39;&#39;likely,&#39;&#39; &#39;&#39;may,&#39;&#39; &#39;&#39;might,&#39;&#39; &#39;&#39;plan,&#39;&#39; &#39;&#39;potential,&#39;&#39; &#39;&#39;predict,&#39;&#39; &#39;&#39;project,&#39;&#39; &#39;&#39;seek,&#39;&#39; &#39;&#39;should,&#39;&#39; &#39;&#39;target,&#39;&#39; &#39;&#39;will,&#39;&#39; &#39;&#39;would,&#39;&#39; or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to &#34;Risk Factors&#34; in AAR CORP.&#39;s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond management&#39;s control. Management assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
</td></tr></table></div>Contact: Media Team +1-630-227-5100 <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:Editor@aarcorp.com" target="_blank" rel="nofollow">Editor@aarcorp.com</a>




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SOURCE AAR CORP.

Black Hills Corp. Gas Utility Receives Approval for New Rates in Nebraska

<article>
 <h2>Black Hills Corp. Receives Approval for New Gas Utility Rates in Nebraska</h2>
 RAPID CITY, S.D., Dec. 09, 2025 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) proudly announces that its Nebraska gas utility subsidiary has gained approval from the Nebraska Public Service Commission for a unanimous settlement agreement authorizing new rates. This agreement is designed to facilitate the recovery of over $453 million in system investments made since the utility's last general rate filing in 2020, along with the operational costs necessary to provide safe and reliable natural gas service to more than 304,000 customers in Nebraska.
 
 <section>
 <h3>Details of the Approved Rate Increase</h3>
 The recently approved rates will generate approximately $23.9 million in new annual revenues and will transfer around $18.5 million in annual rider revenue to base rates. This results in a total increase of $42.4 million in annual base rate revenue. The new rates, which are based on a return on equity of 9.85%, will come into effect on January 1, 2026, replacing interim rates that have been in place since August 1, 2025.
 </section>
 
 <section>
 <h3>Investment in Safety and Infrastructure</h3>
 The settlement agreement also outlines significant enhancements aimed at safety and service reliability. Key components include:
 <ul>
 <li>Renewal of a five-year System Safety and Integrity Rider for accelerated pipeline replacement across Nebraska.</li>
 <li>Introduction of a new insurance tracker.</li>
 <li>Implementation of a manufactured gas plant tracker.</li>
 <li>A new weather normalization pilot program.</li>
 </ul>
 </section>
 
 <section>
 <h3>Statement from Leadership</h3>
 Linn Evans, president and CEO of Black Hills Corp. (NYSE: BKH), remarked, “These new rates will support our ability to safely and reliably serve our customers and communities in Nebraska. We are proud of our solid track record of delivering for the needs of our customers and remain diligently focused on maintaining dependable natural gas service.”
 </section>
 
 <section>
 <h3>About Black Hills Corp.</h3>
 Founded on a commitment to customer service and growth, Black Hills Corp. (NYSE: BKH) operates as a utility company dedicated to enhancing lives through energy solutions. Based in Rapid City, South Dakota, the company serves approximately 1.35 million natural gas and electric utility customers across eight states including Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming. For more information, visit <a href="http://www.blackhillscorp.com">www.blackhillscorp.com</a>.
 </section>
 
 <section>
 <h3>Contact Information</h3>
 Investor Relations: 
 Sal Diaz 
 Email: <a href="mailto:investorrelations@blackhillscorp.com">investorrelations@blackhillscorp.com</a>
 24-Hour Media Relations Line: 888-242-3969
 </section>
 
 <section>
 <h3>Caution Regarding Forward-Looking Statements</h3>
 This announcement may contain “forward-looking statements” as defined by the Securities and Exchange Commission (SEC). These statements reflect management’s beliefs and assumptions about future events. They are subject to various risks and uncertainties, which could cause actual results to differ materially from those anticipated. For a complete list of risk factors, please refer to Item 1A of Part I of our 2024 Annual Report on Form 10-K filed with the SEC.
 </section>
</article>

William Boor Elected to La-Z-Boy Incorporated's Board of Directors

<article>
 <h2>William Boor Joins La-Z-Boy Incorporated's Board of Directors</h2>
 On December 8, 2025, La-Z-Boy Incorporated (NYSE: LZB), a prominent name in the residential furniture industry, announced the appointment of William (Bill) Boor to its Board of Directors. This strategic move is expected to bolster the company’s governance and support its ongoing initiatives to enhance growth and transformation.

 <section>
 <h3>Bill Boor: A Proven Leader</h3>
 Bill Boor, currently serving as President and CEO of Cavco Industries, Inc., has been appointed to bring in extensive experience in leading organizations in the housing sector. With a career spanning over 17 years in board service, including 11 years as an independent director, Mr. Boor is recognized for his transformational growth strategies and strong governance leadership.
 Melinda Whittington, Board Chair, President, and CEO of La-Z-Boy, stated, “We are pleased to welcome Bill to our Board of Directors and look forward to his insights and contributions. His expertise in leading a manufacturer and retailer aligns perfectly with our Century Vision growth strategy.”
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 <section>
 <h3>A Track Record of Success</h3>
 Under Mr. Boor’s leadership, Cavco Industries implemented a multi-year growth strategy that concentrated on:
 <ul>
 <li>Strategic brand acquisitions</li>
 <li>Organizational restructuring</li>
 <li>Advanced digital marketing investments</li>
 <li>Operational excellence through an integrated value framework</li>
 </ul>
 His insights into corporate culture transformation further reinforce La-Z-Boy's commitment to maintaining a robust governance structure as it navigates the complex landscape of the furniture industry.
 </section>

 <section>
 <h3>Looking Ahead: Growth and Value Creation at LZB</h3>
 Mr. Boor expressed enthusiasm about joining La-Z-Boy, stating, “I’ve been very impressed by the team at La-Z-Boy and am honored to join the Board. I look forward to the work ahead, building on the company’s legacy and advancing its strategy to drive growth and value creation for all stakeholders.”
 His strong background in supply chain oversight and governance is expected to contribute significantly to La-Z-Boy's mission of delivering comfort and quality through its diverse product offerings and retail strategies.
 </section>

 <section>
 <h3>About La-Z-Boy Incorporated</h3>
 La-Z-Boy Incorporated (NYSE: LZB) is a leading vertically integrated retailer and manufacturer of high-quality, custom furniture that transforms homes. Founded on American values and heritage, the La-Z-Boy brand has been synonymous with comfort and craftsmanship for nearly a century.
 With a network of 370 stores, including 222 company-owned locations, and a commitment to American manufacturing, approximately 90% of La-Z-Boy's products are produced in North America. The company, which also includes the Joybird® brand, was recently recognized as the number one furniture retailer in Newsweek’s 2025 list of America’s Best Retailers.
 </section>

 <section>
 <h3>Contact Information</h3>
 For further inquiries, please contact:
 Mark Becks, Investor Relations: (734) 457-9538; <a href="mailto:Mark.Becks@la-z-boy.com">Mark.Becks@la-z-boy.com</a>
 </section>

 <section>
 <h3>Cautionary Note Regarding Forward-Looking Statements</h3>
 This article contains “forward-looking” statements as defined by the Private Securities Litigation Reform Act of 1995. These statements involve uncertainties that may affect La-Z-Boy's operations and financial results. Readers are advised to consult the company’s Fiscal 2025 Annual Report on Form 10-K and additional reports filed with the SEC for a comprehensive understanding of the potential risks and uncertainties.
 </section>
</article>

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