HCTI’s Teyame Delivers a Full Year of Client Revenue in Six Months; €2 Million in Target

PR Newswire

Client Has Already Matched Its Full-Year 2025 Revenue by June 2026, with Annual Turnover Projected to Reach €2 Million

PLEASANTON, Calif., Aug. 6, 2026 /PRNewswire/ — Healthcare Triangle, Inc. (Nasdaq: HCTI) (“HCTI” or the “Company”), a leader in digital transformation, artificial intelligence, and cloud-infrastructure solutions for healthcare and life sciences organizations, today reported that its subsidiary, Teyame Holdings Inc. (“Teyame”), has released a progress report highlighting exceptional growth achieved on behalf of a key client — one of Spain’s leading health insurance companies.

The revenue derived from the client reached, by June 2026, the same level of revenue it generated across the entirety of 2025 — a milestone reached in half the time. Building on this momentum, the company projects that the client is on track to bring in annual revenues of €2 million for Teyame.

Teyame manages the client’s omnichannel customer acquisition by pairing AI-driven engagement with direct account management.

The results underscore Teyame’s continued commitment to delivering measurable value for its clients in the insurance sector and reflect broader growth momentum across HCTI’s portfolio of subsidiaries.

HCTI leadership pointed to this performance as further validation of the company’s recent acquisition of Teyame 360 SL and Datono Mediacion SL, the Spain-based operating entities behind Teyame’s AI-powered customer experience platform. “This client’s results are exactly the kind of outcome we expected when we brought Teyame 360 and Datono Mediacion into the HCTI family,” said David Ayanoglou, CFO at HCTI. “Their team’s ability to combine AI-driven customer engagement with hands-on account management is already translating into real, measurable growth for our clients, and we remain highly confident in the long-term value these acquisitions will continue to deliver across our portfolio.”

Teyame will continue to work closely with the client throughout the remainder of 2026 to sustain this growth and capitalize on the opportunities ahead.

About Healthcare Triangle, Inc. (Nasdaq: HCTI)

Healthcare Triangle, Inc. delivers advanced digital transformation, artificial intelligence, and cloud-infrastructure solutions for healthcare providers, payers, and life sciences organizations. HCTI strengthens healthcare delivery through enhanced security, compliance, data analytics, and operational efficiency.

About Teyame Holdings Inc.

Teyame, operating through its subsidiaries Teyame 360 SL and Datono Mediacion SL, is a Spain-based customer experience company offering a results-driven marketing and telemarketing omni-channel platform. With offices in Madrid, Barcelona, and Malaga, Teyame designs and manages omnichannel campaigns that combine artificial intelligence, custom-built applications, and data-driven strategy to help clients optimize their databases, generate and convert leads, and strengthen customer relationships. Its service portfolio spans lead generation, customer satisfaction surveys, debt management, inbound and outbound call campaigns, cross-selling, and web and media services, with a strong emphasis on giving clients real-time visibility and control over their campaigns.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the federal securities laws, including statements regarding HCTI’s Market Value of Listed Securities, continued Nasdaq listing compliance, and the effects of the Teyame Transaction and SecureKloud Share Exchange. Forward-looking statements are identified by words such as “intends,” “estimates,” “anticipates,” “believes,” “expects,” “plans,” “target,” and similar expressions and their negatives. These statements are based on current expectations and assumptions and are subject to risks and uncertainties — including fluctuations in HCTI’s stock price, changes in shares outstanding, and Nasdaq’s application of its listing standards — that could cause actual results, including HCTI’s continued listing status, to differ materially. Compliance with Nasdaq’s MVLS requirement is determined by Nasdaq and depends on the Company’s closing bid price and total shares listed over time, which are outside the Company’s control. For additional discussion of risks, see HCTI’s Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission at www.sec.gov, particularly the section entitled “Risk Factors.” The Company undertakes no obligation to update these statements except as required by law.

Investor Relations & Capital Markets Contact

Healthcare Triangle, Inc. (Nasdaq: HCTI)

1-800-617-9550

[email protected]

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SOURCE Healthcare Triangle, Inc.

MiNK Therapeutics to Report Second Quarter 2026 Financial Results, Provide Clinical Updates on agenT-797 in Lung Injury, and Highlight Important Business Updates

NEW YORK, Aug. 06, 2026 (GLOBE NEWSWIRE) — MiNK Therapeutics, Inc. (NASDAQ: INKT), a clinical-stage biopharmaceutical company pioneering allogeneic invariant natural killer T (iNKT) cell therapies to treat cancer and immune disorders, today announced that it will report financial results for the second quarter ended June 30, 2026, before the market opens on Thursday, August 13, 2026.

The Company will host a conference call and webcast at 8:30 AM ET that morning to review financial results and provide a corporate update focused on the clinical advancement of agenT-797, MiNK’s off-the-shelf allogeneic iNKT cell therapy, in acute lung injury.

The update will include new clinical data on the progress of agenT-797 in patients with pulmonary injury, as well as details regarding the launch of MiNK’s named-patient program.

Conference Participant Dial Information
Date/Time: Thurs, August 13, 2026 | 8:30am ET
United States – New York (646) 307-1963
USA & Canada – Toll-Free (800) 715-9871
Conference ID – 8767945



Webcast & Replay Information


A live webcast and replay of the conference call will be accessible from the Events & Presentations page of the Company’s website following the event.

Live event link:
https://edge.media-server.com/mmc/p/zkuebhpc

Webcast Replay: https://investor.minktherapeutics.com/events-and-presentations

About MiNK Therapeutics

MiNK Therapeutics is a clinical-stage biopharmaceutical company pioneering the development of allogeneic invariant natural killer T (iNKT) cell therapies and precision immune modulators designed to restore immune balance and drive durable cytotoxic responses. MiNK’s proprietary iNKT platform bridges innate and adaptive immunity to address cancer, autoimmune disease, and immune collapse.

Its lead candidate, agenT-797, is an off-the-shelf, cryopreserved iNKT cell therapy currently in clinical trials for solid tumors, graft-versus-host disease (GvHD), and critical pulmonary immune failure. MiNK’s pipeline also includes TCR-based and neoantigen-targeted iNKT programs that enable tissue-specific immune activation. With a scalable manufacturing process and broad therapeutic potential, MiNK is advancing a new class of immune reconstitution therapies designed to deliver durable, accessible, and globally deployable treatments.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the potential, safety, clinical benefit, and development plans for agenT-797 and other iNKT-based therapies. These statements involve risks and uncertainties, including those described under “Risk Factors” in MiNK’s most recent SEC filings. MiNK undertakes no obligation to update these statements except as required by law.

Contacts

Investor Contact: 917-362-1370 | [email protected]
Media Contact: 781-674-4428 | [email protected]

Source: MiNK Therapeutics



AZIO AI Secures Sales Pipeline for 128 NVIDIA HGX B300 Systems

Initial agreement contemplates the purchase of up to 128 NVIDIA HGX B300 AI systems with an estimated aggregate hardware value of approximately $77 million based on current market pricing, subject to future purchase orders and customary conditions

HOUSTON, Aug. 06, 2026 (GLOBE NEWSWIRE) — via IBN – AZIO AI Holdings, Inc. (NASDAQ: AZIO) (“AZIO AI” or the “Company”), today announced that it has entered into an agreement with Power Champion Investment Limited (“Power Champion”) covering the purchase of up to 128 NVIDIA HGX B300 GPU systems for deployment at U.S.-based AI infrastructure facilities.

Based on current market pricing of $600,000 per NVIDIA HGX B300 system (which is an approximate midpoint of the range of current market prices from $472,000 to $720,000 per unit, depending on customer customization), the Company estimates the agreement will represent an approximate aggregate hardware value of $77 million, assuming all contemplated systems are purchased by Power Champion and subject to the agreement’s terms and customary conditions. Actual revenues under this agreement may vary based on market prices, delivered volume and timing.

The agreement aligns with the initial phase of the commercial relationship between AZIO AI and Power Champion’s initial hosting agreement, announced on July 9, 2026 and supports the planned deployment of next-generation AI compute infrastructure.

“This agreement reflects continued momentum in our commercial relationship with Power Champion and demonstrates growing demand for enterprise AI infrastructure,” said Chris Young, Chief Executive Officer of AZIO AI.

About AZIO AI Holdings, Inc.

AZIO AI Holdings, Inc. is a technology infrastructure company focused on developing, owning, and operating artificial intelligence data centers, enterprise GPU compute infrastructure, digital power solutions, and digital asset mining operations.

The Company operates an integrated AI infrastructure business encompassing AI data center development, the sale and distribution of enterprise GPU systems and server infrastructure, high-performance computing solutions, power hosting, and strategic technology investments, serving enterprise and institutional customers across domestic and international markets.

Through this diversified AI infrastructure strategy, the Company is positioned to capitalize on the rapidly expanding global demand for AI infrastructure, compute capacity, digital power, and next-generation AI technologies.

For more information, visit: www.azioai.ai


Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “may,” “will,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “project,” “intend,” “continue,” “potential,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements include statements regarding the expected sales and revenue under the Power Champion agreement, including Power Champion’s delivery of purchase orders thereunder; the Company’s ability to capitalize on accelerating demand for AI infrastructure; the Company’s plans to continue expanding its deployment of NVIDIA HGX B300 infrastructure; the ability to advance and execute against the Company’s commercial infrastructure pipeline; and the Company’s broader business strategy and long-term growth objectives.

These statements are based on current expectations and assumptions that involve risks and uncertainties that could cause actual results to differ materially. Most of these factors are outside the Company’s control and are difficult to predict. Factors that may affect actual results include, but are not limited to, the Company’s limited operating history within AI infrastructure and compute operations, project scope, engineering challenges, supply chain constraints, installation timelines, energy availability, finalization of site usage rights, regulatory considerations, equipment performance, ability to raise capital required for expansion activities, changes in digital asset markets, evolving compute demand, market conditions, and additional risks and uncertainties described in the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the SEC, which are available at www.sec.gov. The Company undertakes no obligation to update forward-looking statements except as required by law.

Media Contact:

AZIO AI Holdings
Merrick Alpert, Chief Communications Officer
Telephone: (870) 970-3355
Email: [email protected]

InvestorWire Service Contact:

IBN.Ai
Austin, Texas
www.IBN.ai
512.354.7000 Office
[email protected]



CNO Financial Indianapolis Monumental Marathon Expands to Largest Field Ever, Sells Out in Record Time

PR Newswire

The 19th running will welcome a record number of marathon participants as Indianapolis prepares for the 14th consecutive and earliest sellout in event history.

INDIANAPOLIS, Aug. 6, 2026 /PRNewswire/ — The CNO Financial Indianapolis Monumental Marathon has reached a historic milestone, selling out its expanded marathon field in August—the earliest sellout in event history—as Indianapolis prepares to host one of the 15 largest marathons in the United States this November.

The event’s continued momentum also follows the recent extension of CNO Financial Group’s title sponsorship through 2028, reinforcing a long-term partnership focused on health, well-being and the continued growth of one of Indianapolis’ signature sporting events. Since becoming the title sponsor in 2016, CNO has played a key role in helping elevate the Monumental Marathon weekend into a nationally recognized race experience, attracting participants and visitors from all 50 states and more than 20 countries.

The 19th annual race weekend festivities will begin with the Monumental Health & Fitness Expo, held Thursday, November 5, and Friday, November 6 in Halls A & B of the Indiana Convention Center. The free two-day Expo is open to the public and will feature packet and shirt pickup, official Brooks Running merchandise, interactive sponsor activations and more than 50 vendors as participants and visitors from around the world gather in downtown Indianapolis for Indiana’s largest marathon weekend.

“Selling out our largest marathon field in event history so early is an incredible reflection of the momentum behind this event and the energy surrounding Indianapolis right now,” said Jed Cornforth, President & CEO of Beyond Monumental. “What started nearly two decades ago as a vision to create a world-class marathon for our city has grown into one of the premier race weekends in the country. We’re grateful to our runners, volunteers, partners and community for continuing to make the Monumental race weekend such a special experience year after year.”

The Monumental Marathon weekend is expected to deliver an even greater economic impact for central Indiana in 2026, bringing tens of thousands of participants, spectators, volunteers and visitors to downtown Indianapolis while supporting local hotels, restaurants, small businesses and neighborhood communities.

“We’re proud to extend our partnership with Beyond Monumental and build on our shared commitment to the health and well-being of our hometown community,” said Rocco Tarasi, Chief Marketing Officer, CNO Financial Group, and Beyond Monumental board member. “The Monumental Marathon delivers a significant community and economic impact and has evolved into a signature event for the city of Indianapolis. We look forward to joining the tens of thousands of participants, volunteers and fans in celebrating another unforgettable race weekend.”

Known for its fast and flat courses, the CNO Financial Indianapolis Monumental Marathon has become a destination for personal bests, Boston Qualifiers and U.S. Olympic Trials dreamers. The 2025 race featured a new Men’s Marathon course record and an overall marathon finisher record, adding to the tradition that has welcomed thousands of first-time marathoners and elites alike since 2008.

A waitlist is currently available for the sold-out Monumental Marathon and Half Marathon and additional participants may be accepted as space permits. Registration for the Monumental 5K is over 80% full and will remain open while spots remain. For more information, please visit monumentalmarathon.com.

About Beyond Monumental

Beyond Monumental, the 501(c)3 non-profit responsible for the CNO Financial Indianapolis Monumental Marathon, provides the Indianapolis community with a complement of activities built around their premiere event that promotes healthy living & fitness for all ages. Beyond Monumental gives back to the Indianapolis community by supporting youth programming that reinforces healthy lifestyles for young people, with an emphasis on working with urban students and Indianapolis Public Schools, donating over $1.7 million since inception. The CNO Financial Indianapolis Monumental Marathon is a top 15 marathon in the US and is nationally recognized by Runners’ World as one of “Ten Great Marathons for First Timers”. The 19th annual running is scheduled for Nov. 7, 2026. For more information, please visit beyondmonumental.org.

About CNO Financial Group

CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities and financial services through our family of brands, including Bankers Life, Colonial Penn, Optavise and Washington National. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.3 million policies and $39.9 billion in total assets. Our 3,200 associates, 5,100 exclusive agents and more than 6,500 independent partner agents guide individuals, families and businesses through a lifetime of financial decisions. For more information, visit CNOinc.com.

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SOURCE Beyond Monumental

NREF Announces Second Quarter 2026 Results, Provides Third Quarter 2026 Guidance

PR Newswire

DALLAS, Aug. 6, 2026 /PRNewswire/ — NexPoint Real Estate Finance, Inc. (“NREF” or the “Company”) (NYSE: NREF) today reported its financial results for the quarter ended June 30, 2026.

NexPoint Real Estate Finance

NREF reported net income attributable to common stockholders of $5.4 million, or $0.29 per diluted share1, for the three months ended June 30, 2026.

NREF reported cash available for distribution2 of $13.9 million, or $0.58 per diluted common share2, for the three months ended June 30, 2026.

“NREF’s earnings this quarter reaffirm the consistency our investors have come to rely on, even as broader credit conditions remain unsettled. That stability stems from a portfolio built around life sciences, self-storage, multifamily, and industrial — sectors we selected for their structural, cycle-resistant demand rather than short-term momentum. As rate uncertainty causes many traditional lenders to pull back, we are able to underwrite new opportunities from a position of strength, reinforcing the durability of our earnings and the steady growth of book value. Our focus remains on translating that discipline into long-term, transparent value creation for our shareholders,” said Matthew McGraner, Chief Investment Officer.

Second Quarter 2026 Highlights

  • Outstanding total portfolio of $1.1 billion, composed of 85 investments3
  • Single-family rental (“SFR”), multifamily, life sciences, self-storage, marinas, and industrial represent 15.1%, 37.6%, 39.4%, 4.2%, 1.6% and 2.1% of the Company’s investment portfolio, respectively as of June 30, 2026
  • Weighted-average loan to value (“LTV”)4 and debt service coverage ratio (“DSCR”) on our senior loans, CMBS, CMBS I/O strips, preferred equity, and mezzanine investments are 63.4% and 1.39x3, respectively
  • During the quarter, the Company funded $7.3MM on a loan that pays a monthly coupon of SOFR + 900 bps.
  • The Company funded $20.2MM on a loan that pays a monthly coupon of 14.0%.
  • The Company funded $42.6MM on a loan that pays a monthly coupon of 14.0%.
  • During the quarter, the Company raised $22.6MM in gross proceeds from the Series C preferred stock offering.
  • On July 27, 2026 NREF announced a third quarter dividend of $0.50 per common share 

1 Weighted-average shares outstanding – diluted assumes vesting of all outstanding unvested restricted stock units and the conversion of all redeemable non-controlling interests.
2 Earnings available for distribution (“EAD”), cash available for distribution (“CAD”) and adjusted weighted average common shares outstanding – diluted are non-GAAP measures. For a discussion of why we consider these non-GAAP measures useful and reconciliations of these non-GAAP measures, see the “Reconciliations of Non-GAAP Financial Measures” and “Non-GAAP Financial Measures” sections of this release.
3 As of June 30, 2026; and excluding the common stock, revolving credit facility investments and the Alexander at the District, Ridgeview Place and Mag & May multifamily properties. CMBS B-Pieces reflected on an unconsolidated basis.
4 Loan to value is generally based on the initial loan amount divided by the as-is appraised value as of the date the loan was originated or by the current principal amount as of the date of the most recent as-is appraised value. For our CMBS B-Pieces, LTV is based on the weighted-average LTV of the underlying loan pool.
5 Net income attributable to common stockholders in 3Q 2026 is estimated to be between $7.4 million and $9.8 million. See reconciliations below.

Looking Ahead: Third Quarter 2026 Guidance

Earnings Available for Distribution

2

  • 3Q 2026 EAD per diluted common share guidance is $0.435 at the midpoint


Low


Mid


High


For the Three Months Ended


September
30, 2026


September
30, 2026


September
30, 2026

Net income

$

18,512

$

19,694

$

20,876

Net (income) loss attributable to Series A preferred stockholders

(874)

(874)

(874)

Net (income) loss attributable to Series B preferred stockholders

(8,984)

(8,984)

(8,984)

Net (income) loss attributable to Series C preferred stockholders

(1,210)

(1,210)

(1,210)


Net income attributable to common stockholders


7,444


8,626


9,808

Adjustments:

Amortization of stock-based compensation

1,763

1,763

1,763


EAD


$


9,207


$


10,389


$


11,571

Weighted average common shares outstanding – basic

18,848

18,848

18,848

Weighted average common shares outstanding – diluted

55,161

55,161

55,161

Shares attributable to potential redemption of Series B preferred

(27,361)

(27,361)

(27,361)

Shares attributable to potential redemption of Series C preferred

(3,764)

(3,764)

(3,764)


Adjusted weighted average common shares outstanding –
diluted (1)


24,036


24,036


24,036


EPS per Weighted Average Share – diluted


$


0.32


$


0.34


$


0.36


EAD per diluted common share (1)


$


0.38


$


0.43


$


0.48

EPS Dividend Coverage Ratio

0.64

x

0.68

x

0.72

x

EAD Dividend Coverage Ratio (1)

0.76

x

0.86

x

0.96

x

(1)

Adjusted weighted average common shares outstanding – diluted does not include the dilutive effect
of the potential redemption of Series B or Series C Preferred Stock for common shares. 

Cash Available for Distribution

2

  • 3Q 2026 CAD per diluted common share guidance is $0.555 at the midpoint


Low


Mid


High


For the Three Months Ended


September 30,
2026


September 30,
2026


September 30,
2026


EAD

$

9,207

10,389

$

11,571

Adjustments:

Amortization of premiums

2,437

2,437

2,437

Accretion of discounts

(1,584)

(1,584)

(1,584)

Amortization and depreciation

2,012

2,012

2,012


CAD


$


12,072


$


13,254


$


14,436

Weighted average common shares outstanding – basic

18,848

18,848

18,848

Weighted average common shares outstanding – diluted

55,161

55,161

55,161

Shares attributable to potential redemption of Series B preferred

(27,361)

(27,361)

(27,361)

Shares attributable to potential redemption of Series C preferred

(3,764)

(3,764)

(3,764)


Adjusted weighted average common shares outstanding – diluted (1)


24,036


24,036


24,036


EPS per Weighted Average Share – diluted


$


0.32


$


0.34


$


0.36


CAD per diluted common share (1)


$


0.50


$


0.55


$


0.60

EPS Dividend Coverage Ratio

0.64

x

0.68

x

0.72

x

CAD Dividend Coverage Ratio (1)

1.00

x

1.10

x

1.20

x

(1)

Adjusted weighted average common shares outstanding – diluted does not include the dilutive effect
of the potential redemption of Series B or Series C Preferred Stock for common shares. 

Conference Call Details

The Company is scheduled to host a conference call on, August 6, 2026, at 11:00 a.m. ET (10:00 a.m. CT), to discuss second quarter 2026 financial results.

The conference call can be accessed live over the phone by dialing 833-461-5787 or, for international callers, +1 365-657-4084 and using passcode Conference ID: 492 613 888.  A live audio webcast of the call will be available online at the Company’s website, nref.nexpoint.com (under “Resources”).  An online replay will be available shortly after the call on the Company’s website and continue to be available for 60 days.

For additional commentary and portfolio information, please view NREF’s earning supplement, which was posted on the Company’s website, nref.nexpoint.com.

Reconciliations of Non-GAAP Financial Measures

The following table provides a reconciliation of Earnings Available for Distribution and Cash Available for Distribution to GAAP net income attributable to common stockholders and Adjusted Weighted Average Common Shares Outstanding – diluted to Weighted Average Common Shares Outstanding – diluted (in thousands, except per share amounts):


For the Three Months Ended June 30,


2026


2025


Net income attributable to common stockholders

$

5,433

$

12,285


Net income attributable to redeemable noncontrolling interests

1,252

3,437


Adjustments

Amortization of stock-based compensation

1,751

1,688

Provision for (reversal of) credit losses

773

5,284

Equity in (income) losses of equity method investments

705

1,017

Unrealized (gains) or losses (1)

1,268

(13,706)


EAD

$

11,182

$

10,005


EAD per Diluted Common Share

$

0.46

$

0.43


Adjustments

Amortization of premiums

2,628

2,558

Accretion of discounts

(1,650)

(2,561)

Depreciation and amortization of real estate investments

1,728

614

Amortization of deferred financing costs

(4)

12


CAD

$

13,884

$

10,628


CAD per Diluted Common Share

$

0.58

$

0.46


Weighted-average common shares outstanding – basic

18,844

17,712


Weighted-average common shares outstanding – diluted

53,978

39,460


Shares attributable to potential redemption of Series B Preferred

(27,442)

(16,408)


Shares attributable to potential redemption of Series C Preferred

(2,474)


Adjusted weighted-average common shares outstanding – diluted (2)

24,062

23,052

(1)

Unrealized gains represent the net change in unrealized gains on investments held at fair value.

(2)

Adjusted weighted average common shares outstanding – diluted does not include the dilutive
effective of the potential redemption of Series B or Series C Preferred Stock for our common shares.

About NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its common stock and 8.50% Series A Cumulative Redeemable Preferred Stock listed on the New York Stock Exchange under the symbols “NREF” and “NREF-PRA”, respectively, primarily focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties and common equity investments, as well as multifamily and single-family rental commercial mortgage-backed securities securitizations, promissory notes, revolving credit facilities and stock warrants. More information about the Company is available at nref.nexpoint.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management’s current expectations, assumptions and beliefs. Forward-looking statements can often be identified by words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “should” and similar expressions, and variations or negatives of these words. These forward-looking statements include, but are not limited to, statements regarding the Company’s business, strategy and industry in general, third quarter 2026 guidance, including net income, net income attributable to common stockholders, EAD, CAD, EAD and CAD per diluted common share and related coverage ratios and related assumptions and estimates, the Company’s intent to not settle Series B or Series C Preferred redemptions in shares of common stock when the Company’s common stock price is below book value and the Company’s focus on sectors with structural, cycle-resistant demand reinforcing the Company’s earnings and steady growth of book value and the Company’s focus on long-term, transparent value creation for its shareholders.  They are not guarantees of future results and forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement, including those described in greater detail in our filings with the Securities and Exchange Commission (the “SEC”), particularly those described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers should not place undue reliance on any forward-looking statements and are encouraged to review the Company’s Annual Report on Form 10-K and the Company’s other filings with the SEC for a more complete discussion of risks and other factors that could affect any forward-looking statement. The statements made herein speak only as of the date of this press release and except as required by law, the Company does not undertake any obligation to publicly update or revise any forward-looking statements.

Non-GAAP Financial Measures

This press release contains non-GAAP financial measures. A “non-GAAP financial measure” is defined as a numerical measure of a company’s financial performance that excludes or includes amounts so as to be different than the most directly comparable measure calculated and presented in accordance with GAAP in the statements of income, balance sheets or statements of cash flows of the Company. The non-GAAP financial measures used within this press release are EAD, CAD, EAD and CAD per diluted common share and adjusted weighted average common shares outstanding – diluted.

EAD is defined as net income (loss) attributable to our common stockholders computed in accordance with GAAP, including realized gains and losses not otherwise included in net income (loss), excluding any unrealized gains or losses or other similar non-cash items that are included in net income (loss) for the applicable reporting period, regardless of whether such items are included in other comprehensive income (loss), or in net income (loss) and adding back amortization of stock-based compensation. The Company also adjusts EAD to remove the income/(losses) from equity method investments as they represent changes in the equity value of our investment rather than distributable earnings. The Company will include income from equity method investments to the extent that we receive cash distributions and upon realizing gains and/or losses. Net income (loss) attributable to common stockholders may also be adjusted for the effects of certain GAAP adjustments and transactions that may not be indicative of our current operations. In addition, EAD in this press release includes the dilutive effect of non-controlling interests. We use EAD to evaluate our performance and to assess our long-term ability to pay distributions. We believe providing EAD as a supplement to GAAP net income (loss) to our investors is helpful to their assessment of our performance and our long-term ability to pay distributions. We also use EAD as a component of the management fee paid to our external manager. EAD does not represent net income or cash flows from operating activities and should not be considered as an alternative to GAAP net income, an indication of our GAAP cash flows from operating activities, a measure of our liquidity or an indication of funds available for our cash needs. Our computation of EAD may not be comparable to EAD reported by other REITs.

We calculate CAD by adjusting EAD by adding back amortization of premiums, depreciation and amortization of real estate investment and amortization of deferred financing costs and by removing accretion of discounts. We use CAD to evaluate our performance and our current ability to pay distributions. We also believe that providing CAD as a supplement to GAAP net income (loss) to our investors is helpful to their assessment of our performance and our current ability to pay distributions. CAD does not represent net income or cash flows from operating activities and should not be considered as an alternative to GAAP net income, an indication of our GAAP cash flows from operating activities, a measure of our liquidity or an indication of funds available for our cash needs. Our computation of CAD may not be comparable to CAD reported by other REITs.

EAD per diluted common share and CAD per diluted common share are based on adjusted weighted average common shares outstanding – diluted. Adjusted weighted average common shares outstanding – diluted is calculating by subtracting the dilutive effect of potential redemptions of Series B and Series C Preferred shares for shares of our common stock from weighted average common shares outstanding – diluted. We believe providing adjusted weighted average common shares outstanding – diluted to our investors is helpful in their assessment of our performance without the potential dilutive effective of the Series B or Series C Preferred shares. We have the right to redeem the Series B and Series C Preferred shares for cash or shares of our common stock. Additionally, Series B and Series C Preferred redemptions are capped at 2% of the outstanding Series B or Series C Preferred shares per month, 5% per quarter and 20% per year, respectively. The Company maintains sufficient liquidity to pay cash to cover any redemptions up to the quarterly redemption cap. Further, it is the Company’s intent to not settle Series B or Series C Preferred redemptions in shares of common stock when the Company’s common stock price is below book value.

Adjusted weighted average common shares outstanding – diluted should not be considered as an alternative to the GAAP measure. Our computation of adjusted weighted average common shares outstanding – diluted may not be comparable to adjusted weighted average common shares outstanding – diluted reported by other companies. 

Contact:
Kristen Griffith
Investor Relations
[email protected]
Media: [email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nref-announces-second-quarter-2026-results-provides-third-quarter-2026-guidance-302844778.html

SOURCE NexPoint Real Estate Finance, Inc.

E.F. Hutton & Co. Acts as Exclusive Financial Advisor for $5.5 Million Financing for Glucotrack

NEW YORK, Aug. 06, 2026 (GLOBE NEWSWIRE) — E.F. Hutton & Co. (“E.F. Hutton”), a leading investment banking and financial advisory firm, today announced that it acted as exclusive financial advisor in connection with a $5.5 million financing for Lōkahi Therapeutics™, a subsidiary of Glucotrack, Inc. (Nasdaq: GCTK).

The financing was led by participating institutional investors and consisted of a $2.0 million equity financing, priced at $0.75 per unit, together with a $3.5 million follow-on investment in the form of convertible debt.

Joseph T. Rallo, Chief Executive Officer of E.F. Hutton, commented, “We are pleased to have advised Lōkahi Therapeutics and Glucotrack on this important financing. The transaction reflects the continued confidence of institutional investors in the Company’s long-term strategy and provides additional capital to support the advancement of its innovative therapeutic platform. We appreciate the opportunity to work alongside the management team on this successful financing and look forward to supporting the Company’s continued growth.”

About E.F. Hutton & Co.

E.F. Hutton & Co. is a full-service investment bank and broker-dealer headquartered in New York City, serving corporations, financial sponsors, and institutional investors across the U.S., Asia, Europe, the UAE, and Latin America. We provide a comprehensive range of investment banking and capital markets services across our specialized divisions, delivering integrated solutions at every stage of the capital lifecycle. For more information, please visit www.efhutton.com.

Contact Information

E.F. Hutton & Co.
[email protected]
www.efhutton.com   
(212) 970-3700



CG Oncology Reports Second Quarter 2026 Financial Results and Provides Business Updates

  • PIVOT-006 Phase 3 topline data evaluating cretostimogene monotherapy as an adjuvant therapy in intermediate-risk NMIBC anticipated in the near-term
  • BLA completion for HR BCG-unresponsive NMIBC expected fourth quarter 2026
  • Phase 3 BOND-003 Cohort C Study Results published in The Lancet Oncology, further validating the strength of the clinical evidence supporting cretostimogene
  • Well-positioned to deliver on key milestones with approximately $1.0 billion cash, cash equivalents and marketable securities sufficient to fund operations through 2029

DALLAS, Texas, Aug. 06, 2026 (GLOBE NEWSWIRE) — CG Oncology, Inc. (NASDAQ: CGON) today reported financial results for the second quarter ended June 30, 2026, and provided business updates.

“This quarter we have made significant progress across our clinical, regulatory, manufacturing and commercial-readiness initiatives, positioning the Company for long-term success.  PIVOT-006 has accrued the vast majority of the target events, and we look forward to sharing topline results soon. We are confident in the potential of cretostimogene and are committed to delivering what we believe will be a backbone therapy for patients,” stated Arthur Kuan, Chairman & Chief Executive Officer at CG Oncology.

Corporate Highlights

  • In July, BOND-003 Cohort C Study Results were published in The Lancet Oncology validating the strength of the clinical evidence supporting cretostimogene
    • Title: Intravesical cretostimogene grenadenorepvec oncolytic immunotherapy in high-risk, BCG-unresponsive, non-muscle invasive bladder cancer with carcinoma in situ (BOND-003 Cohort C): a single-arm, phase 3 trial
  • In July, the Superior Court of the State of Delaware denied ANI’s post-trial motion for a new trial and judgment as a matter of law, upholding the jury’s verdict in favor of CG Oncology that the invalidated royalty provision was properly severed and that the remainder of the agreement with ANI remains in force, while rejecting ANI’s challenges to the verdict and related claims
  • In May, CORE-008 Cohort CX data were presented at the Society of Urologic Oncology (SUO) session at the American Urological Association (AUA) 2026 Annual Meeting

Anticipated 2026 Milestones

  • PIVOT-006 (intermediate-risk NMIBC): Phase 3 topline data
  • Completion of BLA submission in initial indication of HR BCG-unresponsive NMIBC with CIS with or without Ta/T1 disease in 4Q’26
  • BOND-003 Cohort C (HR BCG-unresponsive NMIBC with CIS with or without Ta/T1 disease), BOND-003 Cohort P (HR BCG-unresponsive NMIBC in Ta/T1 disease without CIS), CORE-008 Cohort CX (HR BCG-exposed and BCG-unresponsive NMIBC) and CORE-008 Cohort A (HR BCG-naïve NMIBC with CIS +/- Ta/T1), durability data

Second Quarter Financial Highlights

  • Cash Position: Cash, cash equivalents and marketable securities as of June 30, 2026 were $1.0 billion, compared with $1.1 billion as of March 31, 2026.  The Company anticipates its existing cash, cash equivalents and marketable securities as of this date will be sufficient to fund operations through 2029.
  • Research and Development (R&D) Expenses: R&D expenses were $54.7 million for the second quarter of 2026, as compared to $31.3 million for the prior year period. The increase was primarily due to an increase in clinical trial expenses, including CMC costs, and an increase in compensation costs due to increased headcount.
  • General and Administrative (G&A) Expenses: G&A expenses were $29.0 million for the second quarter of 2026, as compared to $17.4 million for the prior year period. The increase was primarily attributed to an increase in personnel-related expenses, including compensation costs from increased headcount.
  • Net Loss: Net loss was $79.1 million, or $(0.90) per share, for the second quarter of 2026, as compared to a net loss of $41.4 million, or $(0.54) per share, for the prior year period.

About Cretostimogene Grenadenorepvec

Cretostimogene is an investigational, intravesically delivered oncolytic immunotherapy that has been studied in a clinical development program, which includes more than 600 patients with Non-Muscle Invasive Bladder Cancer (NMIBC). This program includes two Phase 3 clinical trials: BOND-003 for high-risk BCG-unresponsive NMIBC and PIVOT-006 for intermediate-risk NMIBC. CG Oncology also has a multi-cohort Phase 2 trial, CORE-008, evaluating the safety and efficacy of cretostimogene in high-risk NMIBC. Additionally, we have initiated an Expanded Access Program for cretostimogene in North America for patients who are unresponsive to BCG and meet certain program eligibility requirements. Cretostimogene is an investigational candidate, and its safety and efficacy have not been established by the FDA or any other health authority.

About CG Oncology

CG Oncology is a late-stage clinical biopharmaceutical company focused on developing and commercializing a potential backbone bladder-sparing therapeutic for patients afflicted with bladder cancer. CG Oncology sees a world where urologic cancer patients may benefit from our innovative immunotherapies to live with dignity and have an enhanced quality of life. To learn more, please visit: www.cgoncology.com.

Forward-Looking Statements

CG Oncology cautions you that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. The forward-looking statements are based on our current beliefs and expectations and include, but are not limited to, statements regarding our anticipated cash runway, future results of operations and financial position; the anticipated timing and conduct of our ongoing and planned clinical trials and preclinical studies for cretostimogene, including anticipated next milestones in our development pipeline; the timing and likelihood of regulatory filings and approvals for cretostimogene; the potential therapeutic benefits of cretostimogene for high-risk and intermediate-risk NMIBC patients; and that cretostimogene has a best-in-disease product profile. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in our business, including, without limitation: interim results of a clinical trial are not necessarily indicative of final results and one or more of the clinical outcomes may materially change as patient enrollment continues, following more comprehensive reviews of the data, and as more patient data becomes available; potential delays in the commencement, enrollment and completion of clinical trials, including the BOND-003 and PIVOT-006 trials; we may use our capital resources sooner than expected and they may be insufficient to allow us to achieve our anticipated milestones; our dependence on third parties in connection with manufacturing, shipping and clinical and preclinical testing; results from earlier clinical trials and preclinical studies not necessarily being predictive of future results; unexpected adverse side effects or inadequate efficacy of cretostimogene that may limit its development, regulatory approval, and/or commercialization; and other risks described in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our annual report on Form 10-K and other filings that we make with the SEC from time to time (which are available at http://www.sec.gov). You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to update such statements to reflect events that occur or circumstances that exist after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Contacts:

Media
Sarah Connors
Vice President, Communications and Patient Advocacy, CG Oncology
[email protected]

Investor Relations
Megan Knight
Vice President, Investor Relations, CG Oncology
[email protected]

CG ONCOLOGY, INC.

Condensed Consolidated Statements of Operations and Comprehensive Loss

(In thousands, except share and per share amounts)

(unaudited)

 
    Three Months Ended June 30,     Six Months Ended June 30,  
    2026     2025     2026     2025  
Revenues                        
Commercial and development revenue   $ 1,147     $     $ 2,216     $  
License and collaboration revenue     10             24       52  
Total revenues     1,157             2,240       52  
Operating costs and expenses                        
Cost of sales     3,925             6,887        
Research and development     54,657       31,331       98,387       58,799  
General and administrative     28,976       17,410       49,756       32,198  
Total operating costs and expenses     87,558       48,741       155,030       90,997  
Loss from operations     (86,401 )     (48,741 )     (152,790 )     (90,945 )
Other income (expense), net:                        
Interest income, net     7,329       7,319       13,617       15,066  
Other income (expense), net     16       (4 )     (85 )     1  
Total other income, net     7,345       7,315       13,532       15,067  
Net loss and comprehensive loss   $ (79,056 )   $ (41,426 )   $ (139,258 )   $ (75,878 )
Net loss per share, basic and diluted   $ (0.90 )   $ (0.54 )   $ (1.61 )   $ (1.00 )
Weighted average shares of common stock outstanding, basic and diluted     88,200,023       76,226,829       86,369,437       76,207,333  



CG ONCOLOGY, INC.

Consolidated Balance Sheet Data

(In thousands)

 
    June 30,     December 31,
    2026     2025
    (unaudited)      
Cash, cash equivalents, and marketable securities   $ 1,028,278     $ 742,155
Total assets     1,085,655       791,592
Total liabilities     56,537       38,990
Total stockholders’ equity     1,029,118       752,602



Regency Centers Declares Quarterly Dividends

JACKSONVILLE, Fla., Aug. 06, 2026 (GLOBE NEWSWIRE) — Regency Centers Corporation (“Regency Centers,” “Regency” or the “Company”) (NASDAQ: REG) announced today that the Company’s Board of Directors (the “Board”) declared quarterly cash dividends on Regency’s common stock, Series A preferred stock, and Series B preferred stock, respectively. 

  • On August 5, 2026, the Board declared a quarterly cash dividend on the Company’s common stock of $0.755 per share. The dividend is payable on October 2, 2026, to shareholders of record as of September 11, 2026. 
  • On August 5, 2026, the Board declared a quarterly cash dividend on the Company’s Series A preferred stock of $0.390625 per share. The dividend is payable on October 30, 2026, to shareholders of record as of October 15, 2026. 
  • On August 5, 2026, the Board declared a quarterly cash dividend on the Company’s Series B preferred stock of $0.367200 per share. The dividend is payable on October 30, 2026, to shareholders of record as of October 15, 2026. 

About Regency Centers Corporation (NASDAQ: REG) 

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com 

Kathryn McKie
904 598 7348
[email protected]

This press release was published by a CLEAR® Verified individual.



Banzai International, Inc. Unveils Agentic Platform Strategy, Plans to Change Its Name to Parabolic Technologies, Inc.

Proposed Name Change Subject to Shareholder Approval; Company Also Announces Realignment Into Three Business Units – ConnectAndSell, Banzai, and CreateStudio

SEATTLE, Aug. 06, 2026 (GLOBE NEWSWIRE) — Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”) today announced that its Board of Directors has approved, and will submit for shareholder approval, a proposal to change the Company’s corporate name to “Parabolic Technologies, Inc.” (“Parabolic”). The Company believes that the future of enterprise software will be agentic applications that are net-beneficiaries of AI transformation, and it plans to focus on building, acquiring, and investing in those and related businesses. The Company will operate its current business units and continue to invest in the development of their AI features.

Pending shareholder approval, the Company will operate under the d/b/a “Parabolic” and will continue trading on the Nasdaq Capital Market under the new ticker symbol PARA. The Company plans to seek shareholder approval to change its legal name to Parabolic Technologies, Inc. at a future shareholders’ meeting. The Company has launched its new website at www.parabolic.io.

Concurrently with the proposed rebranding, the Company also announced a new business unit structure designed to align leadership and go-to-market execution with its evolved vision. The Company’s operations will be organized into three business units: ConnectAndSell, the Company’s AI sales acceleration platform, led by President and General Manager Jonti McLaren; Banzai, which will operate the Company’s Demio and OpenReel products, led by President and General Manager Matt McCurdy; and CreateStudio, an AI-powered video content creation platform, led by General Manager David Abrams, as previously announced by the Company.

“Our proposed name change to Parabolic represents more than a new brand. This change reflects where we believe the future of software is headed, and the path to strategic growth through investment in high potential businesses. Our continued aim is to build a business that delivers profitable growth both organically and strategically,” said Joe Davy, Founder and CEO of Banzai. “We look forward to sharing more with our shareholders as we move toward a vote on this proposal.”

In connection with the proposed name change, the Company intends to file a proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) shortly and will call a special meeting of shareholders to vote on the proposal. The Company’s Class A common stock and warrants, which currently trade on the Nasdaq Capital Market under the ticker symbols “BNZI” and “BNZIW,” respectively, are expected to begin trading under new ticker symbols “PARA” and “PARAW,” respectively, on August 7, 2026.

About
Parabolic

Parabolic builds agentic applications that power the future of business. Parabolic has over 150,000 customers including Amazon, Dell, Salesforce, Aflac, Thermo Fisher Scientific, RBC Wealth Management, and Fitch Group. Learn more at www.parabolic.io. For investors, please visit ir.banzai.io.

Important Additional Information and Where to Find It

In connection with the proposed name change, the Company intends to file a proxy statement with the SEC. This press release is not a substitute for the proxy statement that the Company will file with the SEC or any other document that the Company may file with the SEC in connection with the proposed name change. Before making any voting decision, the company’s shareholders are urged to read the proxy statement and all other relevant documents filed or to be filed with the SEC in connection with the proposed name change, as well as any amendments or supplements to those documents, carefully and in their entirety when they become available because they will contain important information about the proposed name change. Shareholders will be able to obtain a free copy of the proxy statement, as well as other filings containing information about the Company, without charge, at the SEC’s website (http://www.sec.gov) once such documents are filed with the SEC, or by directing a request to the Company’s investor relations department.

Participants in the Solicitation

The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the Company’s shareholders in connection with the proposed name change. Information regarding the Company’s directors and executive officers, including a description of their direct or indirect interests in the proposed name change, by security holdings or otherwise, will be set forth in the proxy statement when it is filed with the SEC. Free copies of these documents may be obtained as described in the preceding paragraph.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as “believe,” “may,” “will,” “estimate,” “target,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “propose,” “plan,” “project,” “forecast,” “predict,” “potential,” “seek,” “future,” “outlook,” and similar variations and expressions. Forward-looking statements are those that do not relate strictly to historical or current facts. Examples of forward-looking statements may include, among others, statements regarding the proposed name change to Parabolic Technologies, Inc. and the anticipated timing and effects thereof; the realignment of Banzai’s operations into the ConnectAndSell, Banzai and CreateStudio business units and the anticipated benefits thereof; Banzai’s ability to successfully operate its business and provide value to stockholders; Banzai’s future financial, business and operating performance and goals; ongoing, future or ability to maintain or improve its financial position, cash flows, and liquidity and its expected financial needs; potential financing and ability to obtain financing; strategy and strategic goals, including being able to capitalize on opportunities; expectations relating to Banzai’s industry, outlook and market trends; and plans, strategies and expectations for increasing revenue, reducing costs and executing growth initiatives. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity and development of the industries in which Banzai operates may differ materially from those made in or suggested by the forward-looking statements. Therefore, investors should not rely on any of these forward-looking statements. Factors that may cause actual results to differ materially include changes in the markets in which Banzai operates, the financial markets, economic, business and regulatory factors, the risk that shareholders may not approve the proposed name change, and other factors, such as Banzai’s ability to execute on its strategies. More detailed information about risk factors can be found in Banzai’s Annual Report on Form 10-K and other reports filed by Banzai with the Securities and Exchange Commission. Banzai does not undertake any duty to update forward-looking statements after the date of this press release.

Investor
Relations

Dean Ditto
Chief Financial Officer, Banzai
206 414-1777
ir.banzai.io

Media

Paul Witkowski
Senior Director Financial Reporting, Banzai
[email protected]



Pranav Nambiar Joins Rackspace Technology to Scale Sovereign AI Infrastructure

SAN ANTONIO, Aug. 06, 2026 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced the appointment of Pranav Nambiar as Senior Vice President and General Manager, AI Infrastructure. Nambiar will lead the infrastructure, operating model, partnerships and go-to-market strategy behind Rackspace’s AI infrastructure offerings, further strengthening the company’s position as a governed, model-agnostic operator of AI in production for regulated and mission-critical enterprises.

As enterprises move AI out of pilots and into production, demand has shifted from raw GPU capacity to governed compute: sovereign environments, compliance by design and operational discipline at scale. Nambiar’s appointment accelerates Rackspace’s investment in exactly that layer.

Nambiar brings more than two decades of experience architecting multi-billion-dollar technology ecosystems and delivering transformative growth at Amazon Web Services, DigitalOcean, Google and Microsoft. At DigitalOcean, he served as Senior Vice President and General Manager of AI and Data Cloud, leading the company’s strategic shift into a premier “AI Neo Cloud” and expanding production inference infrastructure for thousands of customers.

“Enterprise AI has moved past the question of which model to use. The hard problem now is the infrastructure and operating discipline around the model: governed, sovereign, compliant and running in production at scale,” said Gajen Kandiah, CEO of Rackspace Technology. “Pranav has spent his career building and scaling AI and cloud platforms at hyperscale, and he knows what it takes to run AI as a reliable operation rather than a pilot. His leadership will accelerate the infrastructure, operating model and partnerships behind sovereign, compliant and enterprise-ready AI for our customers. I am delighted to welcome him to Rackspace.”

Prior to his tenure at DigitalOcean, Nambiar led Google’s generative AI and data services portfolio. At AWS, he led services including Amazon DynamoDB, Amazon Elasticsearch and Amazon SageMaker, and played a key role in shaping the company’s data and AI platforms. Earlier in his career, Nambiar held multiple leadership positions at Microsoft, where he led digital strategies across its mobile, search and Windows businesses. He has advised C-suite executives and board members on enterprise AI, agentic innovation and autonomous systems for regulated industries.

“Rackspace has something rare in this market: real infrastructure, deep operational experience and the trust of enterprises in the most demanding regulated sectors,” said Nambiar. “The next phase of enterprise AI will be won in production, and I look forward to building the platform that gets customers there.”

About Rackspace Technology

Rackspace Technology® (NASDAQ: RXT) is the operator of the full enterprise AI stack from governed private cloud to AI inference and agents in production. With an Outcomes-as-a-Service model built on secure infrastructure, data foundations and forward-deployed engineering, Rackspace delivers business results for regulated and mission-critical industries where governance, sovereignty and uptime are non-negotiable. Learn more at www.rackspace.com.

Media Contact:
Will Link
[email protected]