Market Newsdesk

BitGo Expands European ETP Infrastructure with Appointment as Custody Partner for Virtune

FRANKFURT, Germany–(BUSINESS WIRE)–
BitGo Holdings, Inc. (NYSE: BTGO), the digital asset infrastructure company, through its MiCA-licensed subsidiary BitGo Europe GmbH (“BitGo”) today announced its appointment as an additional custodian within the ETP program of Virtune, a regulated Swedish digital asset manager and ETP issuer. BitGo will provide custody services for the Virtune Stablecoin Index ETP (ISIN: SE0026821282). BitGo’s appointment expands the program’s asset support capabilities, enabling Virtune to custody a broader range of digital assets within its ETP structure.

This expansion is underpinned by a strong regulatory foundation on both sides of the partnership. BitGo holds a MiCA license from BaFin to provide custody and administration of crypto-assets on behalf of clients, ensuring that regulated custody standards apply at every layer of the ETP structure. Virtune’s ETPs are themselves structured to meet the rigorous standards of European regulatory frameworks, including requirements relevant to ETP structures. Together, this custodian-level and issuer-level regulatory alignment gives institutional investors confidence that their assets are protected within a fully regulated, accountable framework.

BitGo brings to this partnership an established reputation as an institutional digital asset infrastructure provider with over a decade of experience serving ETP issuers and institutional clients across global markets. Its institutional-grade cold storage supported by up to $250 million in insurance coverage delivers the operational reliability and security that Virtune’s investors expect. BitGo’s proven track record, across thousands of institutional clients and regulated platforms, made it a natural fit for Virtune’s expanding European footprint.

Beyond custody, Virtune’s ETP program also includes a collateral agent, providing additional legal protection for investors. This partnership will be grounded in shared values of institutional rigor, regulatory alignment, and a commitment to digital asset security for European investors.

“Virtune has been a valued partner, and this expansion is a natural evolution of a relationship built on operational excellence and mutual trust. European institutional investors deserve the same level of infrastructure that BitGo provides globally: regulated custody, extensive asset support, and proven security. We are proud to support Virtune as they continue to grow their ETP offering across European exchanges.” – Jody Mettler, Chief Operating Officer at BitGo

“We are pleased to add BitGo as an additional custodian within our ETP program. Their capabilities in digital asset custody and broad asset coverage support our continued product expansion and ongoing innovation.” – Christopher Kock, CEO at Virtune

About BitGo

BitGo (NYSE: BTGO) is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy. BitGo maintains a global presence and multiple regulated entities, including BitGo Bank & Trust, National Association, the first federally chartered digital asset trust bank owned by a publicly traded company. Today, BitGo serves thousands of institutions, including many of the industry’s top brands, financial institutions, exchanges, and platforms, and millions of investors worldwide. For more information, visit www.bitgo.com.

Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the highly volatile nature of digital assets, technical issues in connection with the integration of supported digital assets and changes and upgrades to their underlying network, heightened scrutiny of our industry and operations, the theft, loss, or destruction of private keys required to access any digital assets held in custody for our own account or for our clients, errors in executing client transactions or managing our own trading activities, and the other factors discussed in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 27, 2026, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. While the Company believes these forward-looking statements are reasonable, readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The information in this release is provided only as of the date of this release, and the Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.

About Virtune

Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and one of the fastest-growing issuers of crypto ETPs (Exchange-Traded Products) in Europe. Its product portfolio includes 23 ETPs with a total of USD 300 million in assets under management. The company is trusted by over 160,000 investors, and its products are listed on Deutsche Börse Xetra, Nasdaq Stockholm, Nasdaq Helsinki, Euronext Amsterdam and Paris, as well as the Warsaw Stock Exchange (GPW).

View source version on businesswire.com: https://www.businesswire.com/news/home/20260504983151/en/

Media Contact

[email protected]

KEYWORDS: Germany Europe

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

MEDIA:

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BW LPG Limited – Audited Financial Statements 2025

SINGAPORE–(BUSINESS WIRE)–
BW LPG Limited (“BW LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code: “BWLP”) hereby publishes the Directors’ Statement, Audited Financial Statements for the financial year ended 31 December 2025 (prepared in accordance with the provisions of the Singapore Companies Act 1967, Singapore Financial Reporting Standards (International) and IFRS Accounting Standards), and the Auditor’s Report thereon, which will be tabled for adoption by the shareholders at the Company’s Annual General Meeting to be held on 28 May 2026. The report can be found on the Company’s website at www.bwlpg.com/investors/reports-presentations/.

About BW LPG

BW LPG is the world’s leading owner and operator of LPG vessels, with a fleet of about 50 Very Large Gas Carriers (VLGCs), including 22 vessels powered by LPG dual-fuel propulsion technology. Building on over five decades of LPG shipping experience, the company is strengthened by an in-house LPG trading division and the commercial expertise to explore investments in value chain assets. Together, these capabilities enable BW LPG to provide trusted and reliable services for sourcing and delivering LPG to customers worldwide. Delivering energy for a better world – more information about BW LPG can be found at www.bwlpg.com.

BW LPG is associated with BW Group, a leading global maritime company involved in shipping, floating infrastructure, deepwater oil & gas production, and new sustainable technologies. Founded in 1955 by Sir YK Pao, BW controls a fleet of over 400 vessels transporting oil, gas and dry commodities, with its 200 LNG and LPG ships constituting the largest gas fleet in the world. In the renewables space, the group has investments in solar, wind, batteries, and water treatment.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260503216714/en/

For further information, please contact

Samantha Xu

Chief Financial Officer

[email protected]

KEYWORDS: Singapore Southeast Asia Asia Pacific

INDUSTRY KEYWORDS: Maritime Energy Transport Oil/Gas

MEDIA:

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Datavault AI Announces Pricing of $60.0 Million Offering of Common Stock

The offering was led by several preeminent global investment managers, alongside participation from existing shareholders

PHILADELPHIA–(BUSINESS WIRE)–
Datavault AI Inc. (“Datavault AI” or the “Company”) (NASDAQ:DVLT), a provider of data monetization, credentialing, digital engagement, and real-world asset (“RWA”) tokenization technologies, today announced that it has entered into a definitive agreement with certain institutional investors for the purchase and sale of an aggregate of 109,090,910 shares (the “Shares”) of its common stock in a registered direct offering. The offering is expected to result in gross proceeds of approximately $60.0 million, before deducting offering expenses. The closing of the offering is expected to occur on or about May 5, 2026, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offering for the deployment of the Company’s quantum-ready graphics processing unit edge network, including build-out and equipment, as well as working capital and general corporate purposes.

“This financing marks an important step in the deployment of our quantum-ready GPU edge network,” said Nathaniel T. Bradley, Chief Executive Officer of Datavault AI. “With this capital, we expect to be able to position Datavault AI to capture growing demand for AI infrastructure, enabling us to potentially scale our footprint across key markets, while supporting our broader strategy of building a scalable, revenue-generating platform.”

Titan Partners, a division of American Capital Partners, is acting as the sole placement agent for the offering.

The Shares are being offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-294502), which was filed with the Securities and Exchange Commission (the “SEC”) on March 20, 2026, and declared effective by the SEC on March 25, 2026. The Shares are being offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A prospectus supplement and accompanying prospectus relating to, and describing the terms of, the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. Electronic copies of the prospectus supplement and accompanying prospectus may also be obtained, when available, by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 49th Floor, New York, NY 10007, by phone at (929) 833-1246 or by email at [email protected].

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

About Datavault AI

Datavault AI™ (NASDAQ:DVLT) is a Philadelphia-based artificial intelligence and data infrastructure company building enterprise-grade computing platforms for high-performance data processing, edge GPU deployment, and quantum-ready network architectures. The Company’s quantum-ready edge GPU fleet, running on Available Infrastructure’s SanQtum AI platform, delivers distributed GPU infrastructure across U.S. metropolitan markets, supporting AI inference workloads, real-time data analytics, and secure enterprise computing for customers across financial services, sports, media, and life sciences.

Through its Acoustic Sciences and Data Science divisions, Datavault AI develops patented technologies and applications, including WiSA®, ADIO®, and Sumerian® acoustic infrastructure and a portfolio of data-licensing and analytics solutions. The Company also operates platforms supporting digital asset licensing and data-monetization workflows for enterprise clients.

Datavault AI is headquartered in Philadelphia, Pennsylvania, with operations supporting customers across North America. For more information about Datavault AI Inc., visit https://datavaultsite.com/ and the Company’s investor relations site at https://ir.datavaultsite.com/.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, without limitation, statements regarding the closing of the previously announced registered direct offering, the expected timing of closing on or about May 5, 2026, the satisfaction of customary closing conditions, the expected gross proceeds of approximately $50 million before deducting offering expenses, the anticipated use of net proceeds for the launch of Available Infrastructure SanQtum micro data center sites and for working capital and general corporate purposes, the availability of the Company’s effective shelf registration statement on Form S-3 (File No. 333-294502), and the Company’s broader strategy of building a scalable, revenue-generating AI infrastructure platform. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “projects,” “potential,” or “continue,” or the negative of these terms or other comparable terminology. The absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain.

Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties, including, without limitation: the offering may not close on the contemplated terms or timeline, or at all, due to a failure to satisfy customary closing conditions or other factors; final allocations, share counts, and net proceeds may differ from current expectations; net proceeds may be deployed differently than currently anticipated; adverse market or capital-markets conditions; dilution to existing stockholders from the share issuance and the issuance of common stock equivalents; risks associated with the planned launch and deployment of Available Infrastructure SanQtum micro data center sites, including timing, cost, partner performance, customer adoption, and integration of GPU infrastructure into existing operations; competitive risk in the AI infrastructure and high-performance computing markets; changes in economic, market, or regulatory conditions, including evolving regulatory frameworks applicable to securities offerings, AI infrastructure, and digital assets; risks associated with technological development and integration; and other risks and uncertainties as more fully described in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including its Annual Report on Form 10-K for the year ended December 31, 2025, and other filings the Company makes from time to time with the SEC, which are available on the SEC’s website at www.sec.gov.

Readers are cautioned not to place undue reliance on these and other forward-looking statements contained herein. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Datavault AI undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Datavault AI’s forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures, or investments it may make.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260503638085/en/

Media Contact

[email protected]

Investor Contact

Edward Barger

VP, Investor Relations

[email protected]

[email protected]

KEYWORDS: Pennsylvania United States North America

INDUSTRY KEYWORDS: Technology Hardware Artificial Intelligence Digital Cash Management/Digital Assets

MEDIA:

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GameStop Proposes to Acquire eBay at $125.00 Per Share

GRAPEVINE, Texas–(BUSINESS WIRE)–
GameStop Corp. (NYSE: GME) today submitted a non-binding proposal to acquire 100% of eBay Inc. (NASDAQ: EBAY) at $125.00 per share in cash and stock. The offer represents a 46% premium to eBay’s unaffected closing price on February 4, 2026, the day GameStop started accumulating its position in eBay. GameStop has built a 5% economic stake in eBay through derivatives and beneficial ownership of common stock. GameStop is filing a Schedule 13D and HSR notification tomorrow. The full proposal letter and accompanying materials are available at investor.gamestop.com/ebay.

The proposed offer is $125.00 per share, comprising 50% cash and 50% GameStop common stock, with full shareholder election rights as to consideration type and pro-rata allocation. Aggregate undiluted equity value is approximately $55.5 billion, based on eBay’s most recently disclosed undiluted share count, representing a 27% premium to the 30-day VWAP and a 36% premium to the 90-day VWAP. The transaction is conditioned on customary closing conditions. The cash consideration is expected to be funded from a combination of (i) cash and liquid investments on GameStop’s balance sheet, which totaled ~$9.4 billion as of January 31, 2026, and (ii) third-party acquisition financing, in respect of which GameStop has received a highly-confident letter from TD Securities for up to $20 billion.

eBay spent $2.4 billion on Sales & Marketing in fiscal 2025 while only adding one million net active buyers (134M to 135M – a net increase of less than 0.75%). GameStop will deliver $2 billion of annualized cost reductions within twelve months of closing:

• ~$1.2 billion from Sales & Marketing. More spend is not producing more users on a marketplace with near-universal brand recognition.
• ~$300 million from Product Development. Product Development expense grew 11% in fiscal 2025 against revenue growth of 8%.
• ~$500 million from General & Administrative. Consolidated finance, HR, real estate, legal, IT, and professional services across the combined company.

On cost reductions alone, eBay’s diluted GAAP earnings per share from continuing operations would increase from $4.26 to $7.79 in year one. Beyond cost, GameStop’s ~1,600 US retail locations give eBay a national network for authentication, intake, fulfillment, and live commerce.

Following close, Ryan Cohen will serve as Chief Executive Officer of the combined company.

Mr. Cohen has led GameStop since January 2021. Over that period, GameStop moved from a $381 million net loss in fiscal 2021 to $418 million of net income in fiscal 2025, reduced SG&A by ~$800 million (47%), retired its legacy debt, and raised $4.2 billion of long-term debt at 0% coupon. He owns ~9% of GameStop and receives no salary, no cash bonuses, and no golden parachute. He will be compensated solely based on the performance of the combined company.

Contacts

GameStop Corp. Investor Relations

(817) 424-2001

[email protected]

Important Information for Investors and Stockholders

No Offer or Solicitation

This communication relates to a business combination between GameStop and that has been proposed by GameStop (the “Proposed Transaction”). This communication is for informational purposes only and is neither an offer to sell or purchase, nor the solicitation of an offer to buy or sell, any securities (or the solicitation of any proxy or vote with respect to any matter), nor shall there be any sale or purchase, issuance or other transfer of securities (or the solicitation of any proxy or other vote) with respect to the Proposed Transaction or otherwise in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

Additional Information and Where to Find It

This communication may be deemed to be solicitation material in respect of the Proposed Transaction. In connection with the Proposed Transaction, GameStop (and, potentially, eBay) may file one or more registration statements, proxy statements, proxy statement/prospectuses or other documents with the Securities and Exchange Commission (“SEC”). This communication is not a substitute for any proxy statement, registration statement, proxy statement/prospectus or other document GameStop and/or eBay may file with the SEC or send to stockholders in connection with the Proposed Transaction.

Investors and security holders of GameStop and eBay are urged to read all relevant documents filed with the SEC, including any proxy statement(s), registration statement, proxy statement/prospectuses and/or other documents, carefully in their entirety if and when they become available as they will contain important information about the proposed transaction. Any definitive proxy statement(s) and/or proxy statement/prospectuses or other applicable definitive materials (if and when available) will be mailed to stockholders of GameStop and/or eBay, as applicable. Investors and security holders will be able to obtain free copies of these documents (if and when available) and other documents filed with the SEC by GameStop or eBay through the website maintained by the SEC at http://www.sec.gov. Copies of documents filed with the SEC by GameStop will also be made available free of charge on GameStop’s website at https://investor.gamestop.com/.

Certain Information Regarding Participants

GameStop and its directors and certain of its executive officers may be considered participants in the solicitation of proxies in connection with the Proposed Transaction, should the Proposed Transaction and any such solicitation occur. Information about the directors and executive officers of GameStop is set forth in (i) GameStop’s proxy statement for the 2025 Annual Meeting of Stockholders, which was filed with the SEC on April 24, 2025 (the “2025 Proxy Statement”), which is available here, including under the headings “Proposal 1: Election of Directors”, “The Director Nominees”, “Director Nominee Qualifications and Experience”, “Biographies of Director Nominees”, “The Board of Directors”, “Corporate Governance”, “Director Compensation”, “Executive Officers”, “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters”, “Compensation Committee Interlocks and Insider Participation”, “Proposal No. 2 – Advisory Vote on Executive Compensation”, “Compensation Discussion and Analysis”, “Compensation Committee Report on Executive Compensation”, “Executive Compensation Tables”, “CEO Pay Ratio”, “Pay Versus Performance”, “Certain Relationships and Related Transactions”, (ii) under Item 5.02 “Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers” in the Current Report on Form 8-K filed by GameStop with the SEC on August 11, 2025 (available here), (iii) under Item 8.01 “Other Events” in the Current Report on Form 8-K filed by GameStop with the SEC on January 7, 2026 (available here) and (iv) under Item 8.01 “Other Events” in the Current Report on Form 8-K filed by GameStop with the SEC on January 8, 2026 (available here). To the extent holdings of such persons in the Company’s securities have changed since the amounts described in the 2025 Proxy Statement, such changes have been reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 filed with the SEC, by Ryan Cohen on January 22, 2026 (available here), by Daniel W. Moore on April 3, 2026, January 6, 2026, December 29, 2025, October 2, 2025, September 3, 2025 and August 12, 2025 (available here, here, here, here, here and here respectively), by Mark H. Robinson on April 15, 2026, April 3, 2026, January 13, 2026, January 6, 2026, December 29, 2025, December 10, 2025 and October 2, 2025, (available here, here, here, here, here, here and here, respectively), by Alain Attal on January 21, 2026 and January 20, 2026 (available here and here, respectively), by Lawrence Cheng on January 26, 2026 (available here), and by James Grube on July 1, 2025 (available here). Additional information can also be found in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2026, filed with the SEC on March 24, 2026, which is available here.

Further information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in a proxy statement for GameStop’s Board of Directors for election at the 2026 Annual Meeting .and in any proxy statement/prospectus and/or other relevant materials to be filed with the SEC in connection with the Proposed Transaction when they become available.

Disclaimer

Any information concerning eBay contained in this filing has been taken from, or based upon, publicly available information. Although GameStop does not have any information that would indicate that any information contained in this filing that has been taken from such documents is inaccurate or incomplete, GameStop does not take any responsibility for the accuracy or completeness of such information. To date, GameStop has not had access to the books and records of eBay.

Forward-Looking Statements

Certain statements in this communication may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “estimate,” “expect,” “predict,” “project,” “future,” “potential,” “intend,” “plan,” “assume,” “believe,” “forecast,” “look,” “build,” “focus,” “create,” “work,” “continue” or the negative of such terms or other variations thereof and words and terms of similar substance. Such statements also include, among others, statements with respect to GameStop’s proposed acquisition of eBay, such as statements about whether or not the transaction will occur, expected cost reductions, operational benefits, financing, the timing and structure of the transaction, anticipated benefits of the combination, leadership of the combined company, and similar statements. These forward-looking statements are based on GameStop’s current beliefs, expectations and assumptions and involve significant known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to: the failure of eBay’s Board of Directors to engage with the proposal; the failure to negotiate or execute a definitive agreement providing for the consummation of a transaction on the terms described or at all; failure to obtain required financing on the expected terms; failure to obtain required regulatory approvals (including under the Hart-Scott-Rodino Antitrust Improvements Act); failure to obtain required shareholder approvals of GameStop and/or eBay; failure to realize anticipated cost reductions, operational benefits, or operating efficiencies; risks related to integration of the businesses; the impact of the announcement of the proposal on GameStop’s and eBay’s respective businesses, customers, suppliers, and employees; the diversion of management attention; competitive responses; market and economic conditions; and other risks described from time to time in GameStop’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended January 31, 2026 and subsequent filings. GameStop undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Final terms and conditions of any transaction are subject to negotiation and execution of a definitive agreement providing for the consummation of a transaction.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260503694843/en/

GameStop Corp. Investor Relations

(817) 424-2001

[email protected]

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Electronic Games Other Retail Office Products Entertainment Toys Specialty Home Goods Fashion Retail Online Retail

MEDIA:

Posted on May 3, 2026 8:03 pm

Applied Materials Broadens Advanced Packaging Portfolio with Acquisition of NEXX

SANTA CLARA, Calif., May 03, 2026 (GLOBE NEWSWIRE) — Applied Materials, Inc. today announced it has entered into a definitive agreement with ASMPT Limited (HKEX: 0522) to acquire its NEXX business, a leading supplier of large-area advanced packaging deposition equipment for the semiconductor industry. The addition of the NEXX team and products will broaden Applied’s portfolio of panel-level advanced packaging technologies which are designed to enable chipmakers and systems companies to build larger-body AI accelerators for higher energy-efficient performance.

Increasing AI workloads demand larger chiplet-based designs that integrate greater numbers of GPUs, high-bandwidth memory (HBM) stacks and input-output (I/O) chips in a single, advanced package. As AI chip packages scale to more complex architectures like 2.5D and 3D chiplet stacking, the demand for larger interposers and advanced substrates drives the transition from 300-millimeter silicon wafers to panel form factors as large as 510 by 515 millimeters or more, enabling designers to build larger AI chips and achieve substantially higher output.

Applied is already a leading supplier of advanced packaging technologies and has been working to accelerate the transition to advanced panel substrates by developing a strong portfolio of manufacturing systems spanning digital lithography, physical vapor deposition (PVD), chemical vapor deposition (CVD) and etch along with eBeam metrology and inspection. The addition of NEXX’s panel-level electrochemical deposition (ECD) technology will broaden Applied’s portfolio and served addressable market, allowing Applied to develop co-optimized solutions for fine-pitch I/O wiring and accelerate advanced packaging roadmaps for AI chipmakers and systems companies.

“Having NEXX join Applied Materials complements our leadership in advanced packaging, particularly in panel processing – an area where we see tremendous opportunities for customer co-innovation and growth in the years ahead,” said Dr. Prabu Raja, President of the Semiconductor Products Group at Applied Materials. “We look forward to welcoming NEXX’s talented team to Applied and collaborating with our combined customer base on this exciting new chapter in advanced packaging technology.”

“We are excited for NEXX to be a part of Applied Materials because together, we can accelerate the computing industry’s adoption of large-format advanced packaging technologies,” said Jarek Pisera, President of ASMPT NEXX. “NEXX’s products are already strong, and we intend to build on our success as part of Applied Materials with a continued focus on innovation, quality and excellent customer service.”

The transaction is expected to close within the next several months and is subject to customary closing conditions. No regulatory approvals are required.

Following the close of the transaction, the NEXX team will be incorporated into Applied’s Semiconductor Products Group and will continue to be based in Billerica, Massachusetts.

Forward-Looking Statements

This press release contains forward-looking statements, including those regarding Applied’s pending acquisition of ASMPT Limited’s NEXX business, anticipated growth and trends in our businesses and markets, technology transitions, and other statements that are not historical facts. These statements and their underlying assumptions are subject to risks and uncertainties and are not guarantees of future performance. Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation: the ability of the parties to consummate the pending acquisition in a timely manner or at all; Applied’s ability to successfully integrate NEXX’s operations, products, technology and employees; and other risks and uncertainties described in Applied’s filings with the Securities and Exchange Commission, including Applied’s most recent Forms 10-K, 10-Q and 8-K. All forward-looking statements are based on management’s current estimates, projections and assumptions, and Applied assumes no obligation to update them.

About Applied Materials

Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions that are at the foundation of virtually every new semiconductor and advanced display in the world. The technology we create is essential to advancing AI and accelerating the commercialization of next-generation chips. At Applied, we push the boundaries of science and engineering to deliver material innovation that changes the world. Learn more at www.appliedmaterials.com.

Contact:

Ricky Gradwohl (editorial/media) 408.235.4676
Mike Sullivan (financial community) 408.986.7977

Posted on May 3, 2026 7:03 pm

Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: EAI Robotics Sales Momentum Continues Along with University Collaborations and Partnership Development

Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: EAI Robotics Sales Momentum Continues Along with University Collaborations and Partnership Development

• FF EAI robots added 46 new robotics sales and shipments in April. Together with the shipments completed in March, cumulative sales and shipments have reached 68 units, making steady progress toward FF’s target of 200 units by the end of June.

• FF continues pursuing university partnerships, with Boston International Business School and FF officially launching the BIBS–FF AI and Robotics Institute in Omaha. This marks the first step in bringing the EAI education ecosystem into universities across the United States. 

LOS ANGELES–(BUSINESS WIRE)–
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260503510264/en/

Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: EAI Robotics Sales Momentum Continues Along with University Collaborations and Partnership Development

“Happy May Day holiday! It’s hard to believe that this weekly report series has now been going for a full year. I want to sincerely thank all of our stockholders, investors, users, and partners for your support and companionship along the way. I’m also grateful that this weekly report has continued to push me and the team to keep reflecting, improving, and moving forward.

Let’s first look at the EAI Robotics engine from this week. On the device side of the “Three-in-One” strategy, FF EAI robots added 46 new sales and shipments in April. Together with the shipments completed in March, cumulative sales and shipments have reached 68 units, making steady progress toward our target of 200 units by the end of June. While continuing to achieve positive gross margin on each product model, we are also beginning to see the real power of the evolutionary flywheel. As the first U.S. company to deliver both humanoid and bionic robots, every robot deployed and delivered activates a real node in the “Device–Data–Brain” flywheel. In May, we expect deliveries and deployments to continue to accelerate the ramp-up.

This month’s deliveries mainly went to B2C users such as Falrano, as well as B2B education customers including Triple I and BIBS, the Boston International Business School. They are not only our users, but also developer partners working with us to build “6-3-3” Industry Applications and Practical Value in real-world environments, and an important force helping accelerate our flywheel.

On the EAI Brain & Developer Platform of our Three-in-One strategy:

We have already started co-building the developer ecosystem. One key initiative is the world’s first youth developer program designed specifically for AI natives, while the developer incentive program has also been rolled out.

On the Data Factory of our Three-in-One strategy, we have put in place an initial framework for EAI data collection and model training and are actively preparing for the development of the EAI Data Factory. We will continue to keep everyone updated on further progress across the Three-in-One strategy.

Next, I would like to focus on the EAI Robotics education product line, which is now being implemented across multiple areas.

In terms of university partnerships, as the annual Berkshire Hathaway stockholders meeting opened, Boston International Business School and FF officially launched the BIBS–FF AI and Robotics Institute in Omaha. This marks the first step in bringing the EAI education ecosystem into universities across the United States. We also jointly hosted the World Youth Leaders Forum & Junior Leadership Forum, where we had in-depth discussions on AI and the future of global business, leadership, educational innovation, and other topics. The response from attendees was very positive.

Additionally, the team has been in touch with UCLA, where both faculty and students have shown strong interest in our products, and we are actively advancing potential collaboration opportunities.

At the educational institution level, FF hosted a unique K–12 immersive robotics class in partnership with BrainBuilders STEM Education, which focuses on hands-on STEM learning for youth. The session drew over 30 students and parents, and the kids were highly engaged and excited throughout the experience. Through classroom experiences, we have validated the robot curriculum and teaching approach in real-world settings, and both parties are actively exploring next steps for deeper collaboration.

Next, on the to-B side, we will focus on advancing strategic partnerships with an initial group of K–12 schools and universities, driving robot procurement, and launching the EAI education summer camp. On the to-C family side, we will push for the rapid execution of our strategy to bring educational robots into households, accelerating the development of the first scaled EAI education ecosystem in the United States.

EAI EV Engine:

A few days ago, the Wall Street Journal reported on the current state of automotive industry development in China and the United States, mentioning FF’s global EAI Industry Bridge Strategy. This underscores that our early proposal and execution of the EAI Robotics and Automotive Bridge Strategy are already having a meaningful industry impact and gaining recognition across both policy and industry circles. This bridge connects the global EAI industry with user value worldwide, making it a topic worthy of broader reflection and discussion across the industry.

Last week, we successfully hosted an exchange session with institutional and individual investors in New York City, which received very positive feedback. This week, Jerry Wang will attend the Global Family Office Investment Summit in Miami, where he will engage in in-depth discussions with over 300 family offices, sovereign wealth funds, and leading investment institutions from around the world, expanding opportunities for long-term capital partnerships in the U.S.

Finally, Kerr & Lerr have just received their own FF EAI robots. When they called yesterday, I could really feel that they couldn’t wait to unbox them and start exploring as young EAI developers. Next up, the girls will share more, giving everyone a closer look at how this generation of AI-natives learn, interact, and grow with robots—and how they create with them. What they have to share may exceed all of our expectations. Let’s catch up next week!”

ABOUT FARADAY FUTURE

Faraday Future is a California-based global intelligent Company founded in 2014 and is dedicated to reshaping the future of mobility through vehicle electrification, intelligent technologies, and AI innovation. Its flagship vehicle, the FF 91, began deliveries in 2023 and reflects the brand’s pursuit of ultra-luxury, cutting-edge technology, and high performance. FF’s second brand, FX, targets the high-volume mainstream vehicle market. Its first model, Super One, is positioned as a first-class EAI-MPV, with deliveries planned to begin in 2026. FF recently announced its entry into the Embodied AI Robotics business with sales beginning this year, connecting its future strategy of bringing a new era of EAI vehicles and EAI robotics. For more information, please visit https://www.ff.com/

FORWARD LOOKING STATEMENTS

This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding potential future legal actions against alleged illegal market manipulation or similar improper activities, and FF’s entry into the embodied AI robotics market and robotics deliveries and development, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, that may affect actual results or outcomes include, among others: the Company’s ability to timely regain compliance with Nasdaq’s minimum bid requirement; the Company’s common stock will be suspended from trading on Nasdaq if it’s closing price is $0.10 or less for 10 consecutive trading days; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the willingness of convertible debt investors to fund the Company while it lacks sufficient share capital for conversions; demand for the Company’s robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the Company’s reliance on a single OEM for most of its robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company’s ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility; the Company’s ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of substantial losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company’s control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company’s operations in China; the success of the Company’s remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company’s ability to develop and protect its technologies; the Company’s ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on March 31, 2025, and Form 10-Qs for the quarters ended June 30, 2025 and September 30, 2025 filed with the SEC on May 9, 2025, August 19, 2025 and November 21, 2025, respectively, and other documents filed by the Company from time to time with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260503510264/en/

Investors (English): [email protected]

Investors (Chinese): [email protected]

Media: [email protected]

KEYWORDS: Massachusetts Nebraska California Florida China United States North America Asia Pacific

INDUSTRY KEYWORDS: Luxury Technology Automotive Alternative Vehicles/Fuels Robotics Vehicle Technology Other Education Automotive Manufacturing Other Technology University Manufacturing Primary/Secondary Retail Education Hardware Consumer Electronics Artificial Intelligence

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Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: EAI Robotics Sales Momentum Continues Along with University Collaborations and Partnership Development

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Mirum Pharmaceuticals to Host Investor Call to Share Topline Results from the VISTAS Study of Volixibat in Patients with Primary Sclerosing Cholangitis on May 4, 2026

FOSTER CITY, Calif.–(BUSINESS WIRE)–
Mirum Pharmaceuticals, Inc. (Nasdaq: MIRM), a leading rare disease company, today announced that it will host an investor call on Monday, May 4, 2026 at 8:30 a.m. ET/5:30 a.m. PT to share topline results from the VISTAS study of volixibat in patients with primary sclerosing cholangitis (PSC).

Conference Call Details:

US/Toll-Free: + 1 833 461 5787

International: +1 585 542 9983

Access Code: 151345102

You may also access the call via webcast by visiting the Investors section of Mirum’s corporate website. The archived webcast will be available for replay.

About Mirum Pharmaceuticals

Mirum Pharmaceuticals (NASDAQ: MIRM) is a leading rare disease company with a global footprint of approved products and a broad pipeline of investigational medicines. Purpose-built to bring forward breakthrough medicines for people with overlooked conditions, Mirum combines deep rare disease expertise with strong connections to patient communities.

The company’s commercial portfolio includes LIVMARLI^® (maralixibat) for Alagille syndrome (ALGS) and progressive familial intrahepatic cholestasis (PFIC), CHOLBAM^® (cholic acid) for bile-acid synthesis disorders, and CTEXLI^® (chenodiol) for cerebrotendinous xanthomatosis (CTX).

Mirum’s clinical-stage pipeline includes volixibat, an IBAT inhibitor in late-stage development for primary sclerosing cholangitis (PSC) and primary biliary cholangitis (PBC), brelovitug, a fully human monoclonal antibody in late-stage development for chronic hepatitis delta virus (HDV) and MRM-3379, a PDE4D inhibitor being evaluated for Fragile X syndrome (FXS).

Mirum’s success is driven by a team dedicated to advancing high impact medicines through strategic development, disciplined execution and purposeful collaboration across the rare disease ecosystem. Learn more at www.mirumpharma.com and follow Mirum on Facebook, LinkedIn, Instagram and X.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260503644332/en/

Investor Contact:

Andrew McKibben

[email protected]

Media Contact:

Meredith Kiernan

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Biotechnology Pharmaceutical Health Clinical Trials

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