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Carter’s, Inc. to Report First Quarter Fiscal 2026 Results on Wednesday, May 6, 2026

Carter’s, Inc. to Report First Quarter Fiscal 2026 Results on Wednesday, May 6, 2026

ATLANTA–(BUSINESS WIRE)–
Carter’s, Inc. (NYSE:CRI), North America’s largest and most-enduring apparel company exclusively for babies and young children, will report its first quarter fiscal 2026 results before the market opens on Wednesday, May 6, 2026.

The Company will host a conference call to discuss its results and provide an update on its business on this date at 8:30 a.m. Eastern Daylight Time. To listen to a live webcast and view the accompanying presentation materials, please visit ir.carters.com and select links for “News & Events” followed by “Events.”

To access the call by phone, please preregister via the following link to receive your dial-in number and unique passcode:

https://register-conf.media-server.com/register/BI8f3f9f0c26574d83b41c9aff8fe5b51e

A webcast replay will be available shortly after the conclusion of the call at ir.carters.com.

About Carter’s, Inc.

Carter’s, Inc. is North America’s largest and most-enduring apparel company exclusively for babies and young children. The Company’s core brands are Carter’s and OshKosh B’gosh, iconic and among the sector’s most trusted names. These brands are sold through more than 1,000 Company-operated stores in the United States, Canada, and Mexico, and online at www.carters.com, www.oshkosh.com, www.cartersoshkosh.ca, and www.carters.com.mx. Carter’s also is the largest supplier of baby and young children’s apparel to North America’s biggest retailers. The Company’s Child of Mine brand is available exclusively at Walmart, its Just One You brand is available at Target, and its Simple Joys brand is available on Amazon.com. The Company’s emerging brands include Little Planet, crafted with organic fabrics and sustainable materials, Otter Avenue, a toddler-focused apparel brand, and Skip Hop, baby essentials from tubs to toys. Carter’s is headquartered in Atlanta, Georgia. Additional information may be found at www.carters.com.

T.C. Robillard

Vice President, Investor Relations

[email protected]

KEYWORDS: Georgia United States North America

INDUSTRY KEYWORDS: Fashion Online Retail Retail Consumer Children Specialty Baby/Maternity

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General Catalyst Global Resilience Merger Corp. Announces Pricing of $350 Million Initial Public Offering

BOSTON, MASSACHUSETTS, April 29, 2026 (GLOBE NEWSWIRE) — General Catalyst Global Resilience Merger Corp. (the “Company”), announced today the pricing of its initial public offering of 35,000,000 Global Resilience Aligned Initial Listing securities (“GRAIL securities”) at a price of $10.00 per GRAIL security. The GRAIL securities will be listed on the Nasdaq Global Market and trade under the ticker symbol “GCGRU” with trading expected to begin on April 30, 2026. Each GRAIL security consists of one Class A ordinary share of the Company and one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the GRAIL securities begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Global Market under the symbols “GCGR” and “GCGRW,” respectively.

The offering is expected to close on May 1, 2026, subject to customary closing conditions.

Citigroup Global Markets Inc. is acting as sole book-running manager for the offering and Academy Securities, Inc. is acting as co-manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 5,250,000 GRAIL securities at the initial public offering price to cover over-allotments, if any.

The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone: 800-831-9146.

The registration statement relating to the securities sold in the initial public offering was declared effective on April 29, 2026 by the U.S. Securities and Exchange Commission (the “SEC”). 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 General Catalyst Global Resilience Merger Corp.

General Catalyst Global Resilience Merger Corp. is a newly organized blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

While the Company will not be limited to a particular industry or geographic region in its identification and acquisition of a target company, it intends to focus on Global Resilience sectors, including aerospace and defense, national security, industrials and manufacturing, and other associated opportunities. The Company believes that its Global Resilience Aligned Initial Listing structure, or GRAIL structure, reflects its core values and will attract high quality partners seeking a disciplined and aligned path to the public markets.

Cautionary Note Concerning Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds of the initial public offering and the simultaneous private placement. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and preliminary prospectus for the Company’s initial public offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contacts

Investor Contact/Media Contact: [email protected]



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Samsara Named to TIME100 Most Influential Companies List for Manufacturing and Logistics

Samsara Named to TIME100 Most Influential Companies List for Manufacturing and Logistics

Samsara is recognized alongside customers such as DHL, Farmer’s Fridge, and First Student, underscoring the growing impact of AI-powered operations

SAN FRANCISCO–(BUSINESS WIRE)–Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced it has been named to the TIME100 Most Influential Companies of 2026: Industry Leaders list in the Manufacturing & Logistics category.

TIME’s iconic list recognizes the companies making an extraordinary impact around the world. Honorees are selected by TIME’s editors and correspondents through a rigorous evaluation of impact, innovation, ambition, and influence. Samsara’s position reflects the company’s role in powering AI transformation in industries critical to the global economy.

“It’s an honor to be recognized by TIME100, but the heart of this inclusion is our impact with customers,” said Meagen Eisenberg, Chief Marketing Officer at Samsara. “The frontline teams and operators we work with are the ones running the physical economy—moving goods, keeping the lights on, getting kids to school safely. We’re proud to build the technology that helps them do it better every day.”

All AIs on the road: Behind Samsara’s recognition

The world of physical operations accounts for roughly 40% of global GDP, yet many organizations still rely on manual processes and disconnected systems. As they face mounting pressure to improve safety outcomes and reduce costs, the need for a unified platform has never been greater. The Samsara AI-powered platform connects the people, equipment, systems, and sites of complex operations, allowing organizations to develop actionable insights and improve performance.

One of the key reasonsSamara was recognized on TIME’s list was because of its impact on frontline worker safety. The company’s AI-powered safety tools have changed the way tens of thousands of organizations protect their teams:

  • Fleets that deployed the complete Samsara AI safety solution, which detects hazards on the road and risky driving behaviors, saw an aggregated 73% reduction in accidents after 30 months

  • Its new innovation, Samsara Coach, analyzes real-time data to prioritize risk and help managers coach thousands of drivers simultaneously

  • Drivers benefit from start-of-the-day audio briefings, two-way audio coaching, and post-trip support by a personalized AI Avatar

Samsara’s influence extends beyond its own recognition on the list. First Student, one of the largest providers of K-12 school bus transportation in North America, was separately named to TIME’s Most Influential Transportation Companies list—and credits Samsara as a key driver of its safety transformation. Samsara AI Dash Cams helped reduce rolling stops by 54%, forward collisions by 63%, and inattentive driving behaviors by 81%.

“The Samsara cameras give our drivers an extra set of eyes,” said Sean McCormack, Chief Information Officer at First Student. “Our whole mission is getting kids to and from school safely and happily—that’s why we exist. We use technology to enhance that.”

Additional Samsara customers recognized on the 2026 TIME100 Companies list include DHL Group (Manufacturing & Logistics) and Farmer’s Fridge (Food & Drink), further demonstrating the breadth of the Samsara platform across industries.

TIME’s recognition comes during a period of rapid growth and visibility for Samsara, which, as TIME notes, made headlines earlier this year with its Super Bowl advertisement—a signal of how fast the connected operations market is moving and how central AI-powered safety technology has become to the industries that keep the global economy running.

To view Samsara’s recognition, visit TIME.

About Samsara

Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.

Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.

Samsara

[email protected]

KEYWORDS: California United States North America Canada

INDUSTRY KEYWORDS: Other Manufacturing Technology Transport Manufacturing Software Logistics/Supply Chain Management Retail Supply Chain Management Artificial Intelligence

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Suzano Sells 12.7 Million Tonnes of Pulp for the First Time in Its History

Suzano Sells 12.7 Million Tonnes of Pulp for the First Time in Its History

SÃO PAULO–(BUSINESS WIRE)–Suzano(B3: SUZB3 | NYSE: SUZ), the world’s largest pulp producer, announces its results for the first quarter of 2026 (1Q26), achieving a new all‑time record in pulp sales. Over the 12‑month period from April 2025 to March 2026, the company sold 12.7 million tonnes of pulp, the highest volume ever recorded in its history. During the same period, Suzano also sold 1.7 million tonnes of paper across the packaging, printing and writing, specialty, and tissue segments.

This unprecedented sales level mainly reflects the increase in production capacity following the start‑up of the Ribas do Rio Pardo pulp mill in the state of Mato Grosso do Sul, as well as Suzano’s strong operational efficiency across its production lines and supply chains, serving customers in more than 100 countries worldwide.

In the first quarter of 2026, Suzano sold a total of 3.2 million tonnes, comprising 2.8 million tonnes of pulp and 378 thousand tonnes of paper. Net revenue amounted to BRL 11.0 billion, while adjusted EBITDA reached BRL 4.6 billion. Net income totaled BRL 4.3 billion in 1Q26.

The quarterly results reflect the competitiveness and resilience of Suzano’s operations. Operating cash generation reached BRL 2.5 billion, amid a more challenging macroeconomic environment marked by the appreciation of the Brazilian real against the U.S. dollar and ongoing geopolitical tensions in the Middle East. Pulp prices in U.S. dollars posted a slight recovery during the period.

“We have delivered a solid first quarter, with pulp prices trading above our expectations at the end of 2025. The business remains fully focused on operational efficiency, cost discipline and deleveraging, pillars that provide resilience and will help to further strengthen our competitiveness in a challenging operating environment,” said Beto Abreu, CEO of Suzano.

Potential impacts from geopolitical tensions in the Middle East on global oil prices represent a cost pressure for Suzano and the industry as a whole. However, the company maintains hedging policies to mitigate the effects of higher energy costs on its operations. In the first quarter, cash cost of pulp production, excluding downtime, totaled BRL 802 per tonne.

Suzano’s net leverage in U.S. dollars ended March 2026 at 3.3 times. Net debt totaled USD 13.0 billion.

Hawthorn Advisors

Jamie Plotnek

[email protected]

KEYWORDS: Brazil United States South America North America Latin America Europe

INDUSTRY KEYWORDS: Packaging Environment Forest Products Manufacturing Sustainability Natural Resources

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Twenty One Capital Outlines Operating Plans to Build the Bitcoin Company

Twenty One Capital Outlines Operating Plans to Build the Bitcoin Company

AUSTIN, Texas–(BUSINESS WIRE)–
Twenty One Capital, Inc. (“Twenty One”), a Bitcoin-native company, today provided an overview of its operating strategy centered on potential acquisitions of Strike, a leading Bitcoin financial services company, and Elektron, a large-scale global Bitcoin mining platform. The strategy is structured around consolidation, incorporating mergers and acquisitions, and is intended to bring together Bitcoin treasury, mining, financial services, and capital markets into a single platform.

As part of this direction, the company will pursue:

  • FINANCIAL SERVICES & DISTRIBUTION — Licenses, compliance, custody, technology, brand, and a customer base across retail and institutions. The front door for every Bitcoin financial product XXI builds.

  • BITCOIN INFRASTRUCTURE — Industry-leading hashrate at the lowest cost of production in the space. Native bitcoin production feeds the BTC treasury, further collateralizing the business, and protects the Bitcoin network.

  • CAPITAL MARKETS STRATEGY — Securitize the loan book. Securitize mining revenue. Take non-dilutive and responsible leverage on our BTC treasury, financed by operating cash flow. A new and innovative approach to Bitcoin capital markets.

  • MERGERS & ACQUISITIONS — Acquire accretive Bitcoin businesses and compound their cash flows under one roof. Every dollar of operating income has one job: finance our conviction in the future and buy more Bitcoin.

The company expects this approach to move Twenty One beyond its treasury holdings toward an integrated operating platform anchored by recurring revenue and long-term Bitcoin accumulation.

Additional details regarding transaction terms, timing, and governance will be provided as discussions progress.

About Twenty One

Twenty One is a Bitcoin-focused operating company. It builds businesses across financial services and capital markets, providing shareholders with direct exposure to Bitcoin. The company’s strategy is centered on capital-efficient Bitcoin accumulation.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation with respect to Twenty One’s operating strategy centered on potential acquisitions of Strike and Elektron, its ability to pursue each of (i) building its envisioned financial services & distribution system, (ii) building a Bitcoin infrastructure with industry-leading hashrate at the lowest cost of production in the space, (iii) a capital markets strategy to securitize, in the future, Twenty One’s loan book and mining revenue that may result from these anticipated acquisitions and transactions, and (iv) a strategy to acquire accretive Bitcoin businesses, and Twenty One’s plan to move beyond its treasury holdings toward an integrated operating platform anchored by recurring revenue and long-term Bitcoin accumulation. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual future events, results, or achievements to be materially different from the Company’s expectations and projections expressed or implied by the forward-looking statements. Important factors include, but are not limited to, those discussed under the caption “Risk Factors” in Twenty One’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 31, 2026, and in Twenty One’s other filings with the SEC. Forward-looking statements speak only as of the date of this press release and are based on information available to Twenty One as of the date of this press release, and Twenty One assumes no obligation to update such forward- looking statements, all of which are expressly qualified by the statements in this section, whether as a result of new information, future events or otherwise, except as required by law.

Media / Investor Contact

[email protected]

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Professional Services Blockchain Technology Cryptocurrency Software Finance Digital Cash Management/Digital Assets

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RRE Ventures Acquisition Corp. Announces Pricing of $250 Million Initial Public Offering

RRE Ventures Acquisition Corp. Announces Pricing of $250 Million Initial Public Offering

BOCA RATON, Fla.–(BUSINESS WIRE)–
RRE Ventures Acquisition Corp. (the “Company”) announced today the pricing of its initial public offering of 25,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Global Market, or Nasdaq, and trade under the ticker symbol “RREVU” with trading expected to begin on April 30, 2026. Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “RREV” and “RREVW,” respectively.

The offering is expected to close on May 1, 2026, subject to customary closing conditions.

Cohen and Company Capital Markets, a division of Cohen & Company Securities, LLC, is acting as representative of the several underwriters for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,750,000 units at the initial public offering price to cover over-allotments, if any.

The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, Attention: Prospectus Department, 3 Columbus Circle, 24th Floor, New York, NY 10019, or by email at [email protected].

The registration statement relating to the securities sold in the initial public offering was declared effective on April 29, 2026 by the U.S. Securities and Exchange Commission (the “SEC”). 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 RRE Ventures Acquisition Corp.

RRE Ventures Acquisition Corp. is a newly organized special purpose acquisition company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

The Company intends to concentrate on industries that complement its management team’s background by focusing on a target business in the technology, defense and space, robotics, quantum computing, professional sports, AI, energy, power and other transformative sectors. The Company believes its management team is positioned to identify and negotiate a combination with an enduring business and provide potential for long-term value creation.

Cautionary Note Concerning Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and preliminary prospectus for the Company’s initial public offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contact

RRE Ventures Acquisition Corp.

Philip Kassin

5355 Town Center Road

Boca Raton, Florida 33486

Tel: (786) 359-4103

KEYWORDS: Florida United States North America

INDUSTRY KEYWORDS: Other Professional Services Asset Management Professional Services Finance

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17 Education & Technology Group Inc. Files Its Annual Report on Form 20-F

BEIJING, April 29, 2026 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission (the “SEC”) on April 29, 2026. The annual report can be accessed on the Company’s investor relations website at https://ir.17zuoye.com as well as on the SEC’s website at http://www.sec.gov.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to [email protected].

About 17 Education & Technology Group Inc.

17 Education & Technology Group Inc. is a leading education technology company in China, offering smart in-school classroom solution that delivers data-driven teaching, learning and assessment products to teachers, students and parents. Leveraging its extensive knowledge and expertise obtained from in-school business over the past decade, the Company provides teaching and learning SaaS offerings to facilitate the digital transformation and upgrade at Chinese schools, with a focus on improving the efficiency and effectiveness of core teaching and learning scenarios such as homework assignments and in-class teaching. The product utilizes the Company’s technology and data insights to provide personalized and targeted learning and exercise content that is aimed at improving students’ learning efficiency.

For investor and media inquiries, please contact:

17 Education & Technology Group Inc.

Ms. Lara Zhao
Investor Relations Manager
E-mail: [email protected]



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United States Lime & Minerals Reports First Quarter 2026 Results and Declares Regular Quarterly Cash Dividend

DALLAS, April 29, 2026 (GLOBE NEWSWIRE) — United States Lime & Minerals, Inc. (NASDAQ: USLM) today reported first quarter 2026 results: The Company’s revenues in the first quarter 2026 were $87.8 million, compared to $91.3 million in the first quarter 2025, a decrease of $3.4 million, or 3.7%. The decrease in revenues in the first quarter 2026, compared to the first quarter 2025, resulted primarily from decreased sales volumes, principally due to decreased demand from the Company’s construction, oil and gas services, and roof shingle customers, partially offset by increased demand from the Company’s steel customers. During the first quarter 2026, the Company caught up on most of the weather-related shipping interruptions that resulted from the January winter storm.

The Company’s gross profit was $41.8 million in the first quarter 2026, compared to $46.2 million in the first quarter 2025, a decrease of $4.4 million, or 9.5%. The decrease in gross profit in the first quarter 2026, compared to the first quarter 2025, resulted primarily from the decrease in revenues discussed above and higher fuel and transportation costs.

Selling, general and administrative (“SG&A”) expenses were $6.0 million in the first quarter 2026, compared to $6.3 million in the first quarter 2025, a decrease of $0.3 million, or 4.7%. The decrease in SG&A expenses in the first quarter 2026, compared to the first quarter 2025, was primarily due to decreased personnel expenses, including stock-based compensation.

Other (income) expense, net was $3.2 million income in the first quarter 2026, compared to $3.1 million income in the first quarter 2025, an increase of $0.1 million, primarily due to interest earned on higher average balances of cash and cash equivalents.

The Company reported net income of $30.6 million ($1.06 per share diluted) in the first quarter 2026, compared to $34.1 million ($1.19 per share diluted) in the first quarter 2025, a decrease of $3.5 million, or 10.4%.

“Although we experienced our first revenue decrease against the comparable prior-year quarter since the COVID pandemic began in 2020, we remain optimistic about the balance of the year, including as it pertains to demand from our construction customers,” said Timothy W. Byrne, President and Chief Executive Officer. “We are also pleased with the progress on the new kiln project at our Texas facility and anticipate it will start up this summer,” Mr. Byrne added.

Dividend

The Company announced today that the Board of Directors has declared a regular quarterly cash dividend of $0.06 per share on the Company’s common stock. This dividend is payable on June 12, 2026 to shareholders of record at the close of business on May 22, 2026.

United States Lime & Minerals, Inc., a NASDAQ-listed public company with headquarters in Dallas, Texas, is a manufacturer of lime and limestone products, supplying primarily the construction (including highway, road, and building contractors), industrial (including paper and glass manufacturers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), metals (including steel producers), roof shingle manufacturers, agriculture (including poultry producers), and oil and gas services industries. The Company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma, and Texas through its wholly owned subsidiaries, Arkansas Lime Company, ART Quarry TRS LLC (DBA Carthage Crushed Limestone), Colorado Lime Company, Mill Creek Dolomite, LLC, Texas Lime Company, U.S. Lime Company, U.S. Lime Company-Shreveport, U.S. Lime Company-St. Clair, and U.S. Lime Company-Transportation. In addition, the Company, through its wholly owned subsidiary, U.S. Lime Company-O & G, LLC, has royalty and non-operated working interests in natural gas wells located in Johnson County, Texas, in the Barnett Shale Formation.

Any statements contained in this News Release, including, but not limited to, statements relating to demand and the Texas kiln project, that are not statements of historical fact are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The Company undertakes no obligation to publicly update or revise any forward-looking statements, and investors are cautioned that such statements involve risks and uncertainties that could cause actual results to differ materially from expectations, including without limitation those risks and uncertainties indicated from time to time in the Company’s filings with the Securities and Exchange Commission.

United States Lime & Minerals, Inc.

CONDENSED CONSOLIDATED FINANCIAL DATA

(In thousands, except per share amounts)

(Unaudited)
               
    Three Months Ended  
    March 31,  
       2026        2025    
INCOME STATEMENTS              
               
Revenues   $ 87,833     $ 91,253    
Cost of revenues     46,081       45,097    
Gross profit   $ 41,752     $ 46,156    
               
Selling, general and administrative expenses     5,969       6,262    
Operating profit   $ 35,783     $ 39,894    
               
Other (income) expense, net     (3,229 )     (3,091 )  
Income tax expense     8,430       8,872    
Net income   $ 30,582     $ 34,113    
               
Income per share of common stock:              
Basic   $ 1.07     $ 1.19    
Diluted   $ 1.06     $ 1.19    
Weighted-average shares outstanding:              
Basic     28,671       28,623    
Diluted     28,770       28,719    
Cash dividends per share of common stock   $ 0.06     $ 0.06    
               
    March 31,   December 31,  
    2026     2025    
BALANCE SHEETS              
Assets:              
Current assets   $ 476,265     $ 455,316    
Property, plant and equipment, net     232,092       221,421    
Other non-current assets     5,480       4,307    
Total assets   $ 713,837     $ 681,044    
Liabilities and Stockholders’ Equity:              
Current liabilities   $ 22,975     $ 23,632    
Deferred tax liabilities, net     26,429       22,999    
Other long-term liabilities     3,274       3,653    
Stockholders’ equity     661,159       630,760    
Total liabilities and stockholders’ equity   $ 713,837     $ 681,044    
                   

Contact: Timothy W. Byrne
(972) 991-8400



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Inno Holdings Inc. Announces 1-for-20 Reverse Stock Split in Ongoing Nasdaq Compliance Efforts

Hong Kong, April 29, 2026 (GLOBE NEWSWIRE) — INNO HOLDINGS INC. (NASDAQ: INHD) (“INNO” or the “Company”), a holding company incorporated in the State of Texas and a trade-focused electronic products trading company with operations primarily in Hong Kong through its Hong Kong subsidiaries, today announced that its Board of Directors has approved an 1-for-20 reverse stock split of all its issued and outstanding common stock pursuant to the authorization grated from the annual meeting of the Company’s stockholders on March 2, 2026. The Company has filed an amendment to its certificate of formation, as amended, with the Secretary of State of the State of Texas to effect the reverse stock split. The reverse stock split will become effective on May 4, 2026 at 09:30 a.m., Eastern Time.

The reverse stock split will not affect the par value of the Company’s common stock, which will remain no par value per share. In addition, the reverse stock split will not change the number of authorized shares of the Company’s common stock, which will remain 1 billion shares of common stock.

The Company’s common stock will continue to trade on The Nasdaq Capital Market (“Nasdaq”) under the existing symbol “INHD” and will begin trading on a split-adjusted basis when the market opens on May 4, 2026. The new CUSIP number for the common stock following the reverse stock split will be 4576JP406.

At the effective time of the reverse stock split, every 20 shares of the Company’s issued and outstanding common stock will be automatically reclassified and combined into 1 share of common stock. This will reduce the number of issued and outstanding shares of common stock from 50,413,224 shares to 2,520,662 shares. No fractional shares will be issued; instead, any fractional entitlements will be rounded up to the next highest whole number at the participant level.

The Company believes that the reverse stock split is a proactive measure to support its ongoing compliance with Nasdaq’s continued listing requirements, including the minimum bid price requirement. 

About Inno Holdings Inc.

INNO is a holding company incorporated in the State of Texas and a trade-focused electronic products trading company with operations through its Hong Kong opearting subsidiaries. The Company has operations primarily in Hong Kong and is continuing to grow its sales and distribution network in the electronic products trading industry. The Company endeavors to create greater commercial value for its business partners and therefore enhance its own enterprise value and shareholders’ value of their stake in the Company. The Company has a professional brand and marketing management system, which can quickly help partnering enterprises achieve the connection, management, and operation of marketing channels domestically and globally.

Forward-Looking Statements

The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

For more information, please contact: [email protected]



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TransAlta Declares Dividends

CALGARY, Alberta, April 29, 2026 (GLOBE NEWSWIRE) — The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including March 31, 2026, up to but excluding June 30, 2026:

Preferred
Shares 		TSX Stock
Symbol 		Dividend
Rate 		Dividend Per
Share 		Record Date Payment Date
Series A TA.PR.D 4.782% $0.29888 June 1, 2026 June 30, 2026
Series B* TA.PR.E 4.221% $0.26309 June 1, 2026 June 30, 2026
Series C TA.PR.F 5.854% $0.36588 June 1, 2026 June 30, 2026
Series D* TA.PR.G 5.291% $0.32978 June 1, 2026 June 30, 2026
Series E TA.PR.H 6.894% $0.43088 June 1, 2026 June 30, 2026
Series G TA.PR.J 6.773% $0.42331 June 1, 2026 June 30, 2026

* Please note the quarterly floating rate on the Series B and Series D Preferred Shares will be reset every quarter.

All currency is expressed in Canadian dollars (unless otherwise noted). When the dividend payment date falls on a weekend or holiday the payment is made the following business day.

About TransAlta Corporation:

TransAlta is one of Canada’s largest publicly traded power generators, delivering reliable electricity across Canada, the United States and Western Australia. For more than 100 years, our people have safely operated and evolved essential energy infrastructure that powers customers and communities. Our technology-diverse portfolio and disciplined execution allow us to deliver dependable power across evolving energy systems. We take a practical, responsible approach to meeting today’s energy needs while building for what comes next.

For more information about TransAlta, visit our web site at transalta.com.

For more information:


Investor Inquiries:
Media Inquiries:
Phone: 1-800-387-3598 in Canada and US Phone: 1-855-255-9184
Email: [email protected]  Email: [email protected]