Market Signal Briefing

Hewlett Packard Enterprise Company (HPE) Q1 2026 Earnings Call Transcript

Arq, Inc. (ARQ - Free Report) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to a loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -55.56%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced a loss of $0.02, delivering a surprise of -200%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

Arq, Inc., which belongs to the Zacks Chemical - Specialty industry, posted revenues of $29.43 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 0.43%. This compares to year-ago revenues of $27.04 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Arq, Inc. shares have lost about 1.8% since the beginning of the year versus the S&P 500's decline of 1.5%.

What's Next for Arq, Inc.?While Arq, Inc. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Arq, Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.06 on $29.5 million in revenues for the coming quarter and -$0.03 on $136.77 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Specialty is currently in the bottom 43% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, H. B. Fuller (FUL - Free Report) , is yet to report results for the quarter ended February 2026.

This adhesives company is expected to post quarterly earnings of $0.56 per share in its upcoming report, which represents a year-over-year change of +3.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

H. B. Fuller's revenues are expected to be $790.1 million, up 0.2% from the year-ago quarter.

Coherus Oncology, Inc. (CHRS) Q4 2025 Earnings Call March 9, 2026 4:30 PM EDT

Company Participants

Carrie Graham - Vice President of Investor Relations & Advocacy
Dennis Lanfear - Chairman, President & CEO
Theresa Lavallee - Chief Development Officer & Chairman of Scientific Advisory Board
Rosh Dias - Chief Medical Officer
Sameer Goregaoker - Chief Commercial Officer
Bryan McMichael - Chief Financial Officer

Conference Call Participants

Jay Olson - Oppenheimer & Co. Inc., Research Division
Michael Nedelcovych - TD Cowen, Research Division
Colleen Hanley - Robert W. Baird & Co. Incorporated, Research Division
Lut Ming Cheng - JPMorgan Chase & Co, Research Division
Douglas Tsao - H.C. Wainwright & Co, LLC, Research Division

Presentation

Operator

Good day, and thank you for standing by. Welcome to the Q4 and Full Year 2025 Coherus Oncology, Inc. Earnings Conference Call.

[Operator Instructions]

Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Carrie Graham. Please go ahead.

Carrie Graham
Vice President of Investor Relations & Advocacy

Thank you, Heidi. Good afternoon, and welcome to Coherus Oncology's Fourth Quarter and 2025 Year-end Earnings Conference Call. Joining me today to discuss our results are Denny Lanfear, Chief Executive Officer of Coherus; Dr. Theresa Lavallee, Chief Scientific and Development Officer; Dr. Rosh Dias, Chief Medical Officer; Sameer Goregaoker, Chief Commercial Officer; and Bryan McMichael, Chief Financial Officer.

Before we get started, I would like to remind you that today's call includes forward-looking statements regarding Coherus' current expectations about future events. Actual results may vary significantly, and we undertake no duty to update or revise any forward-looking statements. Please see the press release that we issued today and our annual report on Form 10-K for more information on risks and uncertainties.

And now I'll turn the call over to Denny.

Dennis

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Barclays PLC (“Barclays” or the “Company”) (NYSE: BCS) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON BARCLAYS PLC (BCS), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On February 27, 2026, the Financial Times reported that financial firms, “includin.

New York, New York--(Newsfile Corp. - March 9, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers Class A common stock of Snowflake Inc. (NYSE: SNOW) between June 27, 2023 and the close of the market on February 28, 2024 (4:00 p.m. ET), inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 27, 2026.

SO WHAT: If you purchased Snowflake Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Snowflake class action, go to https://rosenlegal.com/submit-form/?case_id=22950 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants repeatedly made positive statements about the state of its business, including positive statements about customer usage of, and new developments for, its products. At the same time, defendants failed to disclose that: (1) product efficiency gains, Iceberg Tables and tiered storage pricing were expected to have a material negative impact on consumption and revenues, and (2) as a result, defendants' positive statements about consumption patterns, revenues, and demand for Snowflake products lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Snowflake class action, go to https://rosenlegal.com/submit-form/?case_id=22950 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287793

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

Key Takeaways Crude oil futures reversed violently after a climactic rally.Market indices and tech leaders successfully defended long-term technical support. Excessive market fear suggests a vicious market rally is imminent. Monday, stocks stormed higher amid growing optimism about the Iranian Geopolitical conflict. Sunday night, the market picture looked less clear, with the major index futures each falling more than 1%. However, after a blood-red open, the bulls took control, as the major indices each finished the session up more than a percent on heavy turnover. For instance, the Nasdaq 100 Index ETF ((QQQ - Free Report) ) registered volume 54% above the norm, signaling heavy accumulation.

Below are five reasons stocks may have just bottomed:

1.      Geopolitical Tensions are Cooling: Typically, geopolitical conflicts such as wars result in sharp, immediate, but short-lived price shocks in equity markets (with an average recovery period of 39 days). Monday, stocks suggested that would be the case after President Trump suggested that the war with Iran would be a “short-term” excursion.

2.      Oil Reverses Violently: The calming rhetoric from President Trump finally helped bottle up oil prices. After ripping to $120 per barrel, U.S. crude oil futures reversed violently and closed below $90. Meanwhile, volume turnover on the United States Oil Fund ETF ((USO - Free Report) ) reversed after reaching the 261.8% fib extension target as volume soared to 1,136% above the 50-day average. Such high volume, violent reversals after climactic moves often coincide with intermediate tops – a bullish sign for equities.

Image Source: TradingView

3.      Stocks Tend to Bottom in Mid-March: Over the past two decades, stocks have bottomed in Mid-March more than any other time of year. Is history repeating itself again in 2026?

Image Source: Carson Investment Research

4.      Tech Stocks Find Support at the 200-day Moving Average: QQQ retreated to the 200-day moving average for the first time since retaking the long-term trend indicator following last year’s ‘Liberation Day’ bear market.

Image Source: TradingView

Several leading tech stocks such as IREN ((IREN - Free Report) ), NVIDIA ((NVDA - Free Report) ), and Broadcom ((AVGO - Free Report) ) also saw market bulls step in and defend the long-term moving average. 

5.      Investors are Fearful: According to the CNN Fear & Greed Index, investor fear levels have reached the highest levels of 2026. Typically, extreme bearish sentiment acts as a valuable contrarian indicator for stocks.

Image Source: Zacks Investment Research

Bottom Line

While the Sunday night futures suggested a looming disaster, Monday’s price action proved that the market’s appetite for risk has returned with vengeance. With seasonal tailwinds, cooling geopolitical tensions, and the successful defense of long-term technical levels, the evidence suggests that the path of least resistance has once again tilted to the upside.

, /PRNewswire/ -- Rollins, Inc. (NYSE:ROL) ("Rollins" or the "Company"), a premier global consumer and commercial services company, today announced that Kenneth Krause, Executive Vice President and Chief Financial Officer, will present at the following events:

Bank of America Information and Business Services Conference at the Bank of America Tower, New York City, New York on Thursday, March 12th from 11:20 a.m. – 11:55 a.m. E.T.

J.P. Morgan Industrials Conference at the Fairmont Washington D.C. Georgetown, on Wednesday, March 18th from 10:45 a.m. – 11:20 a.m. E.T.

These events will be webcast live and can be accessed at https://www.rollins.com/investors/events-presentations. Following the presentations, a replay will be available for 180 days at the link listed above, under the "Events and Presentations" menu. Please note that the schedule above is subject to change.

About Rollins, Inc.

Rollins, Inc. (ROL) is a premier global consumer and commercial services company. Through its family of leading brands, the Company and its franchises provide essential pest control services and protection against termite damage, rodents, and insects to more than 2.8 million customers in North America, South America, Europe, Asia, Africa, and Australia, with approximately 22,000 employees from more than 850 locations. Rollins is parent to Aardwolf Pestkare, Clark Pest Control, Crane Pest Control, Critter Control, Fox Pest Control, HomeTeam Pest Defense, Industrial Fumigant Company, McCall Service, MissQuito, Northwest Exterminating, OPC Pest Services, Orkin, Orkin Australia, Orkin Canada, PermaTreat, Safeguard, Saela Pest Control, Trutech, Waltham Services, Western Pest Services, and more. 

You can learn more about Rollins and its subsidiaries by visiting www.rollins.com.

For Further Information Contact:
Lyndsey Burton
(404) 888-2348

SOURCE Rollins, Inc.

NEW YORK, March 09, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Banco Santander, S.A. (NYSE: SAN) resulting from allegations that Santander may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Santander securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22671 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On February 27, 2026, Reuters published an article entitled “Wall Street hit by UK mortgage lender collapse, raising fears of more credit ‘cockroaches.'” The article stated that “Wall Street lenders on Friday were rocked by the implosion of little-known UK mortgage provider Market Financial Solutions Ltd, fueling concerns about wider losses among banks and reviving warnings of more “cockroaches” in the booming private credit industry.” Further, it stated that Santander faces potential losses from the collapse.

On this news, Santander’s American Depositary Shares (“ADSs”) fell 4.48% on February 27, 2026, and a further 3.2% on February 28, 2026.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

CompaniesMarch 9 (Reuters) - Energy firm GeoPark (GPRK.N), opens new tab on Monday decided not ​to raise its offer for the ‌Colombian oil and gas assets of Frontera Energy (FEC.TO), opens new tab, after Frontera deemed a competing offer from Parex Resources ​to be "superior."

GeoPark had in January announced ​a definitive agreement to acquire all of ⁠Frontera's oil and gas exploration and ​production assets in Colombia for $375 million.

The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.

Toronto-listed Frontera said last ​week that its board and advisors determined the offer from Calgary-based Parex was a "superior proposal."

The Parex offer, ​first announced in February, is valued at $500 ​million in cash, including the assumption of debt and ‌a ⁠contingent payment of $25 million.

Parex also said the combination would create the largest independent Colombian-focused energy company. The two firms are ​already partners in ​Colombia's ⁠VIM-1 block.

Frontera, one of Colombia's largest private producers, holds 17 ​exploration and production blocks, including the ​Quifa ⁠and Cubiro fields. The company reported average production of 38,934 barrels of oil equivalent per ⁠day ​at the end of the ​third quarter last year.

Reporting by Devika Nair in Bengaluru, ​Writing by Natalia Siniawski; Editing by Brendan O'Boyle

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Zevra Therapeutics, Inc. (ZVRA) Q4 2025 Earnings Call March 9, 2026 4:30 PM EDT

Company Participants

Nichol Ochsner - Vice President of Investor Relations & Corporate Communications
Neil McFarlane - President, CEO & Director
Joshua Schafer - Chief Commercial Officer
Justin Renz - Chief Financial Officer

Conference Call Participants

Kristen Kluska - Cantor Fitzgerald & Co., Research Division
Jason Butler - Citizens JMP Securities, LLC, Research Division
Eddie Hickman - Guggenheim Securities, LLC, Research Division
Sumant Kulkarni - Canaccord Genuity Corp., Research Division
Brandon Folkes - H.C. Wainwright & Co, LLC, Research Division
Lachlan Hanbury-Brown - William Blair & Company L.L.C., Research Division

Presentation

Operator

Good afternoon, and thank you for joining Zevra's Fourth Quarter and Full Year 2025 Financial Results and Corporate Update Conference Call. Today's call is being recorded and will be available via the Investor Relations section of the company's website later today. The host for today's call is Nichol Ochsner, Zevra's Vice President of Investor Relations and Corporate Communications.

Nichol Ochsner
Vice President of Investor Relations & Corporate Communications

Thank you, and welcome to those who are joining us. Today, we will provide an overview of our recent accomplishments, followed by a review of our fourth quarter and full year 2025 financial results. I encourage you to read the financial results news release, which was distributed this afternoon, and is available in the Investors section of our website.

Before we begin the call, please note that certain information shared today will include forward-looking statements. Actual results may differ materially from those stated or implied by forward-looking statements due to risks and uncertainties associated with Zevra's business. Forward-looking statements are not promises or guarantees and are inherently subject to risks, uncertainties and other important factors that may lead to actual results differing materially from the projections made, and should be evaluated together with the Risk Factors section in

Oil futures fell in early Asian trade amid developments that could ease pressure on supply.

NEW YORK, March 09, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of GSI Technology Inc. (NASDAQ: GSIT) resulting from allegations that GSI Technology may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased GSI Technology securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=52527 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On February 3, 2026, a post was issued on Stockwits in which it stated that “GSI is almost certainly hiding that their chip did not run Gemma-3 at all, only the pre-generation RAG phase. APU lack the MAC units required for matrix multiplication, which is critical for AI workloads.”

On this news, GSI Technology’s stock price fell $1.08 per share, or 14.2%, to close at $6.52 per share on February 4, 2026.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Alight, Inc. (NYSE: ALIT) resulting from allegations that Alight may have issued materially misleading business information to the investing public.

So What: If you purchased Alight securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=54542 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: On February 19, 2026, before the market opened, Alight issued a press release entitled "Alight Reports Fourth Quarter and Full Year 2025 Results". Among other metrics, the release stated disclosed results of "[g]ross profit of $240 million and gross profit margin of 36.8%, compared to $271 million and 39.9% in the prior year period, respectively, and adjusted gross profit of $272 million and adjusted gross profit margin of 41.7%, compared to $300 million and 44.1% in the prior year period, respectively[.]"

On this news, Alight stock fell 38.2% on February 19, 2026.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions.  Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

FORT PIERCE, FL / ACCESS Newswire / March 9, 2026 / Twin Vee PowerCats Co. (NASDAQ:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the withdrawal of the proposed public offering of shares of common stock.

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 such state or jurisdiction.

About Twin Vee PowerCats Co.

Twin Vee PowerCats Co. manufactures a range of boats under the Twin Vee and Bahama Boat Works brands, designed for activities including fishing, cruising, and recreational use. Twin Vee PowerCats are recognized for their stable, fuel-efficient, and smooth-riding catamaran hull designs. Twin Vee is one of the most recognizable brand names in the catamaran sport boat category and is known as the "Best Riding Boats on the Water™." Bahama Boat Works is an iconic luxury brand long celebrated for its unmatched craftsmanship, timeless aesthetic, and dedication to producing some of the finest offshore fishing vessels.

The Company is located in Fort Pierce, Florida, and has been building and selling boats for 30 years.

Learn more at twinvee.com and bahamaboatworks.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements.

These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company's ability to consummate the offering and the risk factors described in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, the Company's Quarterly Reports on Form 10-Q, the Company's Current Reports on Form 8-K and subsequent filings with the SEC. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events, except as required by law.

CONTACT:
Glenn Sonoda
[email protected]

SOURCE: Twin Vee PowerCats Co.

“If you miss a little, you miss a lot” in markets right now, says Ted Thatcher, bringing viewers up to date on the latest oil news. If oil stays around $100/barrel, he thinks we'll see significant economic impact in the next few months, likening it to the Covid-19 pandemic impact.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Soleno Therapeutics, Inc. (“Soleno” or the “Company”) (NASDAQ: SLNO) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON SOLENO THERAPEUTICS, INC. (SLNO), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What.

The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo Purchase Licensing Rights, opens new tab

CompaniesBRUSSELS, March 10 (Reuters) - Apple's (AAPL.O), opens new tab proposed changes to its app tracking rules do not resolve antitrust issues in the mobile advertising market, associations representing German publishers ​and advertisers said on Tuesday as they urged the country's antitrust ‌authority to slap a fine on the U.S. tech giant.

The call by the groups which included media agencies and the German Association of the Branded Goods Industry came three months after the ​German antitrust authority sought their feedback to Apple's changes to its App ​Tracking Transparency tool.

Jumpstart your morning with the latest legal news delivered straight to your inbox from The Daily Docket newsletter. Sign up here.

Apple did not immediately respond to a request for ⁠comment on the statement.

The Cupertino, California-based company has said the tool, which allows users to ​block advertisers from tracking them across different applications, is designed to allow users to ​control their privacy.

However, it triggered criticism from Facebook-owner Meta Platforms (META.O), opens new tab, publishers, advertisers and app developers whose business models rely on advertising tracking, prompting the German competition enforcer to charge Apple with abusing its market ​power in February last year.

To address the German concerns, Apple last December proposed ​to introduce neutral consent prompts for both its services and third-party apps and to align the wording, ‌content and ⁠visual design of these messages.

It also offered to simplify the consent process so developers can obtain user permission for advertising-related data processing in a way that complies with data protection law.

The associations said the proposed changes do not fix the issues ​outlined by the German ​watchdog.

"The proposed commitments ⁠would not change the negative effects of the App Tracking Transparency Framework," Bernd Nauen, chief executive of the German Advertising Federation, ​said in a joint letter signed by the trade bodies.

"Apple ​would remain ⁠the data gatekeeper and would continue to decide who gets access to advertising-relevant data and how companies can communicate with their end customers," he said.

The associations urged the watchdog ⁠to reject ​Apple's proposals, order the company to stop the ​app tracking tool and impose a fine.

Companies found guilty of breaching Germany's antitrust rules risk fines as much ​as 10% of their annual turnover.

Reporting by Foo Yun Chee; Editing by Lincoln Feast.

Our Standards: The Thomson Reuters Trust Principles., opens new tab

An agenda-setting and market-moving journalist, Foo Yun Chee is a 21-year veteran at Reuters. Her stories on high profile mergers have pushed up the European telecoms index, lifted companies' shares and helped investors decide on their next move. Her knowledge and experience of European antitrust laws and developments helped her break stories on Microsoft, Google, Amazon, Meta and Apple, numerous market-moving mergers and antitrust investigations. She has previously reported on Greek politics and companies, when Greece's entry into the eurozone meant it punched above its weight on the international stage, as well as on Dutch corporate giants and the quirks of Dutch society and culture that never fail to charm readers.

New York, New York--(Newsfile Corp. - March 9, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds sellers of common stock of Masonite International Corporation (NYSE: DOOR) between June 5, 2023 and February 8, 2024, inclusive (the "Class Period"), of the important April 7, 2026 lead plaintiff deadline.

SO WHAT: If you sold Masonite common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Masonite class action, go to https://rosenlegal.com/submit-form/?case_id=52802 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 7, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made material omissions and misrepresentations concerning Owens Corning's offers to purchase all of Masonite's outstanding common stock at significant premiums to Masonite's stock price and Masonite's repurchases of millions of dollars' worth of its shares without disclosing material nonpublic information about Owens Corning's offers, which, if disclosed as required, would have indicated to investors that Masonite's stock was worth significantly more.

To join the Masonite class action, go to https://rosenlegal.com/submit-form/?case_id=52802 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287786

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

Key Takeaways Adobe headlines the reporting docket this week. The 2026 Q1 earnings season will pick up much more steam in about a month. Sentiment on shares remains rough as AI fears take hold. The 2025 Q4 earnings season is nearly over, with more than 96% of S&P 500 companies already delivering their results. It’s overall been another great cycle, with growth remaining strong while beats percentages aren’t too far off from historical levels.

Adobe (ADBE - Free Report) helps kick off the 2026 Q1 cycle, though the period will pick up much more steam with the release of the big banks’ results, which are due in about a month. But how do expectations stack up for the beaten-down software favorite?

Will AI Disrupt Adobe?

Adobe shares have seen negative sentiment over recent months, with AI disruption fears being reflected in the share performance. While there are still no surefire signs that the company is in imminent danger due to the AI craze, the argument remains valid nonetheless. Most software stocks have faced pressure from the sentiment, with Adobe not alone in this regard.

EPS and sales revisions for the quarter to be reported have also remained stable, with the current $5.88 Zacks Consensus EPS estimate suggesting 15% YoY growth. Revenue revisions paint a similar picture, with the $6.3 billion Zacks Consensus EPS estimate suggesting 10% YoY growth.

Image Source: Zacks Investment Research

Putting It TogetherWhile the stability in estimates is a positive takeaway, Adobe (ADBE - Free Report) still remains vulnerable to a high level of disruption from AI-related technologies, keeping the overall outlook cloudy at this point. It seems like a more risk-averse idea to wait until we hear from the company about its response to the fears, but it’s worth noting that it won’t explicitly state it’s at risk, of course. Guidance and revisions following the earnings report will be a key factor, with the current cloudy outlook not all that reassuring at present.

That being said, the valuation picture here still can’t be overlooked, with the current 11.6X forward 12-month earnings multiple a fraction of the 32.1X five-year median, also reflecting a steep 47% discount relative to the S&P 500. Much of the negativity has likely already been priced in, but that doesn’t necessarily mean that the stock has great upside given the current disruption risks.

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers Class A common stock of Snowflake Inc. (NYSE: SNOW) between June 27, 2023 and the close of the market on February 28, 2024 (4:00 p.m. ET), inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 27, 2026.

So what: If you purchased Snowflake Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Snowflake class action, go to https://rosenlegal.com/submit-form/?case_id=22950 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, during the Class Period, defendants repeatedly made positive statements about the state of its business, including positive statements about customer usage of, and new developments for, its products. At the same time, defendants failed to disclose that: (1) product efficiency gains, Iceberg Tables and tiered storage pricing were expected to have a material negative impact on consumption and revenues, and (2) as a result, defendants' positive statements about consumption patterns, revenues, and demand for Snowflake products lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Snowflake class action, go to https://rosenlegal.com/submit-form/?case_id=22950 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

Fluent, Inc. (FLNT) Q4 2025 Earnings Call March 9, 2026 4:30 PM EDT

Company Participants

Donald Patrick - Chief Executive Officer
Ryan Perfit - CFO and Principal Financial & Accounting Officer

Conference Call Participants

Maria Ripps - Canaccord Genuity Corp., Research Division
Patrick Sholl - Barrington Research Associates, Inc., Research Division
William Dezellem - Tieton Capital Management, LLC

Presentation

Operator

Good afternoon, and welcome. Thank you for joining us to discuss Fluent's Fourth Quarter and Year-End 2025 earnings results. With me today are Fluent's Chief Executive Officer; Don Patrick, Chief Financial Officer; Ryan Perfit; and Chief Strategy Officer, Ryan Schulke.

Our call today will begin with comments from Don and Ryan Perfit, followed by a question-and-answer session. I would like to remind you that this call is being webcast live and recorded. Additionally, there is a slide presentation that accompanies today's remarks, which can be accessed via the webcast and is also available on Fluent's website. A replay of the event will also be made available following the call on Fluent's website.

To access the webcast and slide presentation, please visit the Investor Relations page at www.fluentco.com. Before we begin, I would like to advise listeners that certain information discussed by management during this conference call will contain forward-looking statements covered under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Any forward-looking statements made during this call only speak as of the date hereof. Actual results could differ materially from those stated and implied by such forward-looking statements due to risks and uncertainties associated with the company's business. These statements may be identified by words such as expects, plans, projects, could, will, estimates and other words of similar meaning. The company takes no obligation to update information provided on this call. For a discussion of the risks and uncertainties associated with Fluent's business, we encourage you

In the latest close session, Valero Energy (VLO - Free Report) was down 3.86% at $215.95. This move lagged the S&P 500's daily gain of 0.83%. Meanwhile, the Dow experienced a rise of 0.5%, and the technology-dominated Nasdaq saw an increase of 1.38%.

The stock of oil refiner has risen by 10.83% in the past month, leading the Oils-Energy sector's gain of 7.08% and the S&P 500's loss of 2.65%.

Market participants will be closely following the financial results of Valero Energy in its upcoming release. The company plans to announce its earnings on April 30, 2026. The company's upcoming EPS is projected at $1.86, signifying a 108.99% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $27.85 billion, down 7.97% from the prior-year quarter.

For the full year, the Zacks Consensus Estimates are projecting earnings of $12.65 per share and revenue of $112.89 billion, which would represent changes of +19.23% and -7.98%, respectively, from the prior year.

Any recent changes to analyst estimates for Valero Energy should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 3.47% higher. Valero Energy currently has a Zacks Rank of #3 (Hold).

From a valuation perspective, Valero Energy is currently exchanging hands at a Forward P/E ratio of 17.75. This valuation marks a premium compared to its industry average Forward P/E of 15.21.

Meanwhile, VLO's PEG ratio is currently 1.18. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. VLO's industry had an average PEG ratio of 1.37 as of yesterday's close.

The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 150, which puts it in the bottom 39% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

For the quarter ended January 2026, Vail Resorts (MTN - Free Report) reported revenue of $1.08 billion, down 4.7% over the same period last year. EPS came in at $5.87, compared to $6.56 in the year-ago quarter.

The reported revenue represents a surprise of -2.68% over the Zacks Consensus Estimate of $1.11 billion. With the consensus EPS estimate being $6.06, the EPS surprise was -3.12%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Vail Resorts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Mountain - Total skier visits: 6.78 thousand versus 7.15 thousand estimated by three analysts on average.Lodging - Managed condominium statistics - RevPAR: $152.98 compared to the $158.82 average estimate based on three analysts.Lodging - Owned hotel statistics - RevPAR: $130.60 compared to the $142.18 average estimate based on three analysts.Mountain - ETP: $92.29 compared to the $90.94 average estimate based on three analysts.Net Revenue- Mountain net revenue: $1.01 billion compared to the $1.03 billion average estimate based on four analysts. The reported number represents a change of -4.8% year over year.Net Revenue- Lodging net revenue: $71.59 million versus $76.41 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -3.2% change.Net Revenue- Mountain net revenue- Dining: $84.63 million compared to the $85.82 million average estimate based on three analysts. The reported number represents a change of -6.9% year over year.Net Revenue- Mountain net revenue- Retail/rental: $126.01 million versus the three-analyst average estimate of $129.13 million. The reported number represents a year-over-year change of -6.8%.Net Revenue- Mountain net revenue- Other: $55.12 million versus the three-analyst average estimate of $56.55 million. The reported number represents a year-over-year change of -6.7%.Net Revenue- Lodging net revenue- Managed condominium rooms: $26.09 million versus $26.92 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -3.6% change.Net Revenue- Mountain net revenue- Ski school: $120.63 million compared to the $122.18 million average estimate based on three analysts. The reported number represents a change of -9.3% year over year.Net Revenue- Mountain net revenue- Lift: $625.93 million compared to the $644.21 million average estimate based on three analysts. The reported number represents a change of -2.9% year over year.View all Key Company Metrics for Vail Resorts here>>>

Shares of Vail Resorts have returned +0.1% over the past month versus the Zacks S&P 500 composite's -2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

BOGOTA, Colombia--(BUSINESS WIRE)--GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent energy company with over 20 years of successful operations across Latin America, today announced that it has declined to raise its offer for Frontera Energy's (“Frontera”) Colombian E&P assets. After careful evaluation, GeoPark's Board of Directors determined that increasing its offer would not be consistent with the Company's disciplined capital allocation framework or long-t.

March 09, 2026 19:05 ET  | Source: Diversified Energy PLC

BIRMINGHAM, Ala., March 09, 2026 (GLOBE NEWSWIRE) -- Diversified Energy Company (NYSE: DEC; LSE: DEC) (“Diversified” or the “Company”), today announced the pricing of the previously announced underwritten public offering (the “Secondary Offering”) by certain funds or entities managed by an affiliate of EIG (collectively, the “Selling Stockholder”) of 7,501,585 shares of Diversified’s common stock, par value $0.01 per share (the “common stock”), which represents all remaining holdings of the Selling Stockholder, at a price to the public of $14.45 per share. Subject to the completion of the Secondary Offering, Diversified has agreed to purchase from the underwriter 3,750,000 shares of common stock at a price per share equal to the price per share paid by the underwriter to the Selling Stockholder in the Secondary Offering (the “repurchase”).

Diversified is not offering any shares of common stock in the Secondary Offering and will not receive any proceeds from the sale of shares of common stock in the Secondary Offering. The Secondary Offering is expected to settle on March 11, 2026, subject to customary closing conditions.

Citigroup is acting as the sole bookrunning manager for the Secondary Offering.

A shelf registration statement relating to the resale of these securities was filed with the U.S. Securities and Exchange Commission (the "SEC") on March 9, 2026 and became effective upon filing. A preliminary prospectus supplement and the accompanying prospectus relating to and describing the terms of the Secondary Offering were filed with the SEC and are available free of charge by visiting EDGAR on the SEC’s website at www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus related to the Secondary Offering can be accessed through the SEC’s website free of charge at www.sec.gov or obtained free of charge from the underwriter for the Secondary Offering: Citigroup, c/o Broadridge Financial Solutions, at 1155 Long Island Avenue, Edgewood, NY 11717, or by phone at 800-831-9146.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy our shares of common stock nor shall there be any sale of securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

CONTACTS

Diversified Energy Company+1 973 856 2757Doug [email protected] Vice President, Investor Relations & Corporate Communications    About Diversified

Diversified is a leading publicly traded energy company focused on acquiring, operating, and optimizing cash generating energy assets.

Forward-Looking Statements

This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Forward-looking statements are sometimes identified by the use of forward-looking terminology such as “anticipate”, “believe”, “intend”, “estimate”, “expect”, “may”, “will”, “seek”, “continue”, “aim”, “target”, “projected”, “plan”, “goal”, “achieve”, “guidance”, "outlook" and words of similar meaning, or the negative thereof, other variations thereon or comparable terminology. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this announcement and include statements regarding the intentions, beliefs or current expectations of management or the Company concerning, among other things, expectations regarding the Secondary Offering, including the repurchase. Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond the Company’s ability to control or estimate precisely, such as market conditions, failure of customary closing conditions and the risk factors and other matters set forth in the Company’s filings with the SEC and other important factors that could cause actual results to differ materially from those projected.

Forward-looking statements speak only as of their date and neither the Company nor any of its respective directors, officers, employees, agents, affiliates or advisers expressly disclaim any obligation to supplement, amend, update or revise any of the forward-looking statements made herein, except where it would be required to do so under applicable law. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements in this announcement, may not occur. As a result, you are cautioned not to place undue reliance on such forward-looking statements. Past performance of the Company cannot be relied on as a guide to future performance.

Important Notice to UK and EEA Investors

This announcement contains inside information for the purposes of Regulation (EU) No. 596/2014 on market abuse and Regulation (EU) No. 596/2014 as it forms part of domestic law in the United Kingdom (together, “MAR”).

This announcement is directed at persons who are: (a) if in a member state of the European Economic Area, “qualified investors” within the meaning of Article 2(e) of Regulation (EU) 2017/1129, as amended (the “Prospectus Regulation”); or (b) if in the United Kingdom, “qualified investors” as defined in paragraph 15 of Schedule 1 of the United Kingdom’s Public Offers and Admissions to Trading Regulations 2024.

This announcement is not being made, and has not been approved, by an authorized person for the purposes of section 21 of the United Kingdom’s Financial Services and Markets Act 2000, as amended. Accordingly, this announcement is not being distributed to, and must not be passed on to, the general public in the United Kingdom. This announcement is for distribution only to persons who (i) have professional experience in matters relating to investments and who fall within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Financial Promotion Order”)); (ii) fall within Article 49(2)(a) to (d) of the Financial Promotion Order; (iii) are outside the United Kingdom; or (iv) are other persons to whom it may otherwise lawfully be communicated or distributed under the Financial Promotion Order (for the purposes of this paragraph, all such persons together being referred to as “relevant persons”). This announcement is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this announcement relates will be engaged in only with relevant persons. Any person in the United Kingdom that is not a relevant person should not act or rely on this announcement or any documents and/or materials relating to the offer of common stock referred to in this announcement or any of their contents.

No offering document or prospectus will be available in any jurisdiction in connection with the matters contained or referred to in this announcement in the European Economic Area or the United Kingdom and no such offering document or prospectus is required (in accordance with the Prospectus Regulation or the United Kingdom Financial Conduct Authority’s Prospectus Rules: Admission to Trading on a Regulated Market sourcebook) to be published.

Neither the content of the Company's website (or any other website) nor the content of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.