Tennessee American Water Proudly Recognizes American Water Charitable Foundation 2026 Water and Environment Grantees

PR Newswire

Recipients include three nonprofit organizations 

CHATTANOOGA, Tenn., June 5, 2026 /PRNewswire/ — The American Water Charitable Foundation, a philanthropic non-profit organization established by American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., and Tennessee American Water, today announced that three organizations received Foundation 2026 Water and Environment grants with a combined total of more than $162,000 to support communities served in the company’s service area.

“We are grateful to the American Water Charitable Foundation for this investment in UTC and our students,” said Chancellor Lori Mann Bruce, University of Tennessee – Chattanooga. “By supporting our development of a Water Quality Teaching and Research Lab, this grant creates a lasting foundation for hands-on learning and discovery, strengthens our research capacity and deepens our partnerships across the community.”

The Water and Environment grant is part of the American Water Charitable Foundation’s Keep Communities Flowing Grant Program, focusing on three pillars of giving: Water, People and Communities.

The grant will be utilized to establish the Water Quality Teaching and Research Lab in the College of Engineering and Computer Science to expand capacity for water monitoring, environmental education and analysis. The lab will provide practical training that prepares students to address evolving challenges facing the watershed and to enable cost-effective, sustainable operational and watershed management decisions.

“Protecting Tennessee’s water resources is a shared responsibility—and when we work together, we can make a lasting difference for our communities and our environment,” said Grant Evitts, President of Tennessee American Water. “That’s why we’re thankful to the American Water Charitable Foundation for supporting local organizations and projects that advance conservation, strengthen environmental education, and help keep our rivers and streams healthy.”

Additional grantees include:

  • Hamilton County Coalition in support of substance misuse prevention, including proper disposal of medications to help prevent pharmaceuticals from entering our waterways and reduce the risk of misuse.
  • WaterWays for educational awareness and producing a watershed management plan focused on South Chickamauga Creek.

“The American Water Charitable Foundation is delighted to support eligible nonprofit organizations making a meaningful impact in Tennessee,” said Carrie Williams, President, American Water Charitable Foundation. “Funding for Water and Environment grants supports projects focused on clean water, conservation, environmental education, climate variability, and water-based recreation.”

Learn more about Tennessee American Water’s community impact, here.

ABOUT AMERICAN WATER

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water’s approximately 7,000 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedInFacebookX and Instagram

ABOUT AMERICAN WATER CHARITABLE FOUNDATION

The American Water Charitable Foundation, a philanthropic non-profit organization established by American Water, focuses on three pillars of giving: Water, People, and Communities. Since 2012, the Foundation has invested over $25 million in funding through grants and matching gifts to support eligible organizations in communities served by American Water. The Foundation is funded by American Water shareholders and has no impact on customer rates. For more information, visit amwater.com/awcf.

ABOUT TENNESSEE AMERICAN WATER
Tennessee American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 100 dedicated employees working to provide safe, clean, reliable and affordable water services to approximately 425,000 people in Tennessee and north Georgia.

For more information, visit www.tennesseeamwater.com and connect with us on Facebook , XInstagram, LinkedIn and YouTube

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SOURCE American Water

Did ChargePoint Holdings, Inc. Insiders Breach their Fiduciary Duties to Shareholders?

PR Newswire


Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.


Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
 

NEW YORK, June 5, 2026 /PRNewswire/ — Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of ChargePoint Holdings, Inc. (NYSE: CHPT) breached their fiduciary duties to shareholders.

(PRNewsfoto/Halper Sadeh LLP)


If you currently own ChargePoint stock and are a long-term shareholder,
you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved financial incentive award, or other relief and benefits. Please click here to learn more about your legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].

Why Your Participation Matters:

Shareholder involvement can help improve a company’s policies, practices, and oversight mechanisms to create a more transparent, accountable, and effectively managed organization, which can enhance shareholder value.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

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

Contact Information:
Halper Sadeh LLC
One World Trade Center
85th Floor
New York, NY 10007
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com

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SOURCE Halper Sadeh LLP

Draganfly Announces Date of Annual General Meeting and Slate of Directors

Vancouver, BC., June 05, 2026 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that it has nominated Mr. Paul Dadwal for election to the Company’s board of directors in connection with its upcoming annual general meeting of shareholders (“AGM”). The management slate of director nominees to stand for election to the board of directors ‎at the AGM consists of Cameron Chell, Kim Moody, Thomas Modly, Tim Dunnigan, Christopher Miller, Denis Silva, and Paul Dadwal. Scott Larson will not stand for re-election as a director at the ‎AGM and has stepped down as a director of the Company. Draganfly wishes to thank Mr. Larson for his contributions to the Company during his tenure and wishes him all the best in his future endeavours.

Further details about the AGM will be disclosed in the Company’s management information circular, which has been posted on the Company’s website (www.draganfly.com) and under the Company’s profile on www.sedarplus.ca.

Mr. Dadwal who has been nominated to join the proposed slate of directors to be approved at the AGM, the founder and CEO of Ari & Co. Capital. He is an entrepreneur and technology investor with experience across capital markets, including technology companies, and in particular, public safety and security companies. Mr. Dadwal served previously with the Royal Canadian Mounted Police as a Superintendent for over 19 years, including leading one of North America’s largest organized crime law enforcement units as well as leading several high-profile law enforcement investigations. Mr. Dadwal has also received recognition including the International Association of Chiefs of Police 40 Under 40 Award, the Queen’s Jubilee Medal, and a Governor General’s commendation. Recently, the Premier of British Columbia appointed Mr, Dadwal to chair a community advisory group on extortions. 

Cameron Chell, President, CEO and Chairman of Draganfly commented: “We are thrilled to have Mr. Dadwal join the company bringing his capital markets and especially his extensive public safety expertise.”

About Draganfly

Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is a leader in cutting-edge drone solutions and software that are transforming industries and serving stakeholders globally. Recognized for innovation and excellence for over 25 years, Draganfly delivers award-winning technology to the public safety, civil, military, agriculture, industrial inspection, security, mapping, and surveying markets. The Company is driven by passion, ingenuity, and a mission to provide efficient solutions and first-class services to customers worldwide, saving time, money, and lives.

Media Contact

Erika Racicot
Email:[email protected]

Company Contact

Cameron Chell
Chief Executive Officer
(306) 955-9907
[email protected]

Forward-Looking Statements

This release contains certain “forward looking statements” and certain “forward-looking information” as ‎defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can ‎generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, ‎‎“estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this release include, but are not limited to: that the AGM will take place as indicated in this release; that Mr. Dadwal will be elected at the AGM; Mr. Dadwal’s future contributions to the Company if elected.

Forward-looking statements ‎and information are based on forecasts of future results, estimates of amounts not yet determinable and ‎assumptions that, while believed by management to be reasonable, are inherently subject to significant ‎business, economic and competitive uncertainties and contingencies.

Forward-looking statements and ‎information are subject to various known and unknown risks and uncertainties, many of which are beyond ‎the ability of the Company to control or predict, that may cause the Company’s actual results, ‎performance or achievements to be materially different from those expressed or implied thereby, and are ‎developed based on assumptions about such risks, uncertainties and other factors set out herein, ‎including but not limited to: statements in respect of Draganfly’s partnerships, capabilities, expertise, and financial condition; the successful integration of technology, the inherent risks involved in ‎the general securities markets; uncertainties relating to the availability and costs of financing needed in ‎the future; the inherent uncertainty of cost estimates and the potential for unexpected costs and ‎expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and ‎other related risks and uncertainties disclosed under the heading “Risk Factors“ in the Company’s most ‎recent filings filed with securities regulators in Canada on the SEDAR+ website at www.sedarplus.ca and with the U.S. ‎‎Securities and ‎Exchange Commission on the EDGAR website at www.sec.gov.

The ‎Company undertakes no obligation to update forward-looking information except as required by ‎applicable law. Such forward-looking information represents managements’ best judgment based on ‎information currently available. No forward-looking statement can be guaranteed and actual future results ‎may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking ‎statements or information.



rhode Expands Global Presence to Mexico, its First Entry into Latin America, and Adds Seven European Countries

rhode Expands Global Presence to Mexico, its First Entry into Latin America, and Adds Seven European Countries

Global Launch of rhode’s Summer ’26 Collection of bronzed, glow-inspired essentials starting Tuesday, June 9 at 9 a.m. PST on rhodeskin.com

LOS ANGELES–(BUSINESS WIRE)–
rhode, the beauty brand founded by Hailey Rhode Bieber and part of e.l.f. Beauty (NYSE: ELF), today announced a major global expansion. Starting Tuesday, June 9, 2026, rhode will be available direct to consumers in Mexico for the first time, marking the brand’s official entry into Latin America, alongside seven additional European markets: Belgium, Bulgaria, Croatia, Czech Republic, Portugal, Romania, and Switzerland. The expansion significantly increases international access to rhode’s growing collection of beauty essentials.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260604204140/en/

rhode expands global presence to Mexico, its first entry into Latin America, and adds seven European countries. Expansion is timed to global launch of rhode’s Summer ’26 Collection of bronzed, glow-inspired essentials starting Tuesday, June 9 at 9 a.m. PST on rhodeskin.com.

rhode expands global presence to Mexico, its first entry into Latin America, and adds seven European countries. Expansion is timed to global launch of rhode’s Summer ’26 Collection of bronzed, glow-inspired essentials starting Tuesday, June 9 at 9 a.m. PST on rhodeskin.com.

“This is such a special milestone for us because it’s about bringing the rhode community together on a more global scale, not only further into Europe but also with our first introduction to the Latin American market,” said Hailey Rhode Bieber, Founder, Chief Creative Officer and Head of Innovation at rhode. “Launching in Latin America is something we’ve dreamed about for a long time and while this is just the first step, we can’t wait for the community in Mexico to experience the products and the world of rhode first-hand.”

In June 2022, rhode launched as a direct-to-consumer brand with a curated skincare lineup and has since expanded its range to include hybrid makeup, along with retail growth, including Sephora, MECCA and pop-ups around the world. Each launch has garnered tremendous demand, inspiring shifts across the beauty industry and culture at large. On an annualized basis in e.l.f.’s Fiscal 2026, rhode delivered ~$390 million in net sales—growing 80% year over year. rhode also remains the No. 1 overall skincare brand in the U.S. by EMV and continues to deliver significant year-over-year growth, according to CreatorIQ.* Built around barrier-nourishing formulas, skincare-infused makeup, and effortless routines, rhode has created a global community obsessed with glazed, hydrated skin and go-to products you never want to leave the house or travel without. Beginning Tuesday, June 9 at 9 a.m. PST, customers in Mexico and in the newly added European markets will be able to shop rhode’s full collection on rhodeskin.com in their local currency.

The international expansion coincides with rhode’s new Summer ’26 Collection, introducing a curated lineup of bronzed, glow-inspired beauty staples designed to move effortlessly from the sand to the city. Inspired by luminous, sun-warmed skin and glossy bronzed lips, the collection features versatile essentials created to deliver an effortless summer glow all season long, introducing new staples and some limited-edition summer items:

  • Pocket Bronze ($25 USD, €33, MXN 575) is rhode’s first bronzer; an on-the-go cream bronzer that delivers hydrating, buildable color, blending seamlessly into the skin for all-day wear. The lightweight, non-sticky, and skin-smoothing formula glides on and melts into the skin, adding sun-kissed warmth and soft dimension. Key ingredients include Peptides and Tamanu Oil. Pocket Bronze is fragrance-free​, cruelty-free, vegan, gluten-free, dermatologist-tested and non-comedogenic. The long-wearing formula is clinically proven to last at least eight (8) hours upon application (*based on a 34-subject clinical study after immediate and eight (8) hours of use). Pocket Bronze is available in eight neutral to warm shades for a summery complexion:

    • pebble — fair to light with a neutral rosy undertone ​

    • sip — light to light-medium with a golden undertone ​

    • sunbed — light-medium to medium with a neutral undertone ​

    • bake — medium to tan with a neutral golden undertone ​

    • shade — tan to tan-deep with a warm red undertone ​

    • drench — tan-deep to deep with a warm golden undertone ​

    • anklet — deep to rich with a neutral red undertone

    • plunge — rich to very rich with a neutral undertone

  • Pocket Brush ($27 USD, €36, MXN 620) is a double-ended brush made with a recycled handle and soft vegan bristles for easy, on-the-go blending. Its compact, pocket-friendly size slips right into your bag for quick touch-ups anytime, anywhere. Use the angled end to blend out Pocket Bronze and the rounded end to diffuse Pocket Blush.

  • Highlight Milk ($28 USD, €37, MXN 645) a hybrid luminizer that adds the perfect touch of shimmery radiance before you head out the door. Made with the signature Glazing Milk formula, it delivers clinically proven hydration and soothing skincare benefits, such as Ceramide Trio, Mineral Complex, Vitamin E and Glycerin. Wear it all summer long on bare skin, all over the body or mixed into foundation for full glam. Shake before use and simply apply 2-4 shakes into hands and gently press all over—on your face, neck, décolleté, and body—for an added radiance.​ It’s clinically proven to provide all-day hydration and reduce the appearance of redness over time (*based on a 53-subject clinical study after immediate and 12 hours of use).​ Highlight Milk is fragrance-free, cruelty-free, vegan, gluten-free, dermatologist-tested, and non-comedogenic​, and has the Seal of Acceptance™ from the National Eczema Association. Highlight Milk is available in four shades for either a sheer milky base of soft shimmer or a warm, dimensional glow:

    • 01 — pearly pink ​

    • 02 — pearly champagne ​

    • 03 — pearly warm bronze ​

    • 04 — pearly rich bronze

  • Limited Edition Bronze Peptide Lip Tints ($20 USD, €26, MXN 460) are made for golden hour, melting onto the lips with a sheer wash of bronzy color and a scent that evokes summer nostalgia. Available in three shades, throw them in your rhode Terry Bag or pop one in your Lip Case to hydrate, nourish and replenish with high-performance skincare throughout the day:

    • colada — a pearly peach tan tint that smells like a creamy, tropical cocktail ​

    • macadamia butter — a caramel brown tint that smells like a toasty macadamia treat

    • honey mango — a pearly rosy bronze tint that smells like a juicy bite of mango

  • Peptide Lip Shape ($24 USD, €32, MXN 550) features three new shades joining the core lineup. Designed to give your lips dimension, they glide on effortlessly with a creamy texture and deliver high-performance skincare ingredients that visibly enhance lip volume. Pair with the summer Peptide Lip Tints for a soft, dimensional lip that feels summery and lived-in:

    • push — soft neutral beige ​

    • squeeze ​— cool taupe ​

    • jump ​— chocolate brown ​

  • Additional limited-edition summer staples include:

    • Terry Bag ($36 USD, €47, MXN 830)

    • Terry Towel ($50 USD, €65, MXN 1,150)

    • Signature Lip Case in Colada and Bronze ($38 USD, €50, MXN 875)

    • Snap-On Lip Case in Colada and Bronze ($46 USD, €60, MXN 1,060)

The full rhode Summer ’26 Collection will be available for purchase beginning Tuesday, June 9 at 9 a.m. PST exclusively on rhodeskin.com.

In typical rhode fashion, the brand will be activating the summer collection IRL with shoppable experiences in the U.S., Canada, and Europe, starting in June.

This expansion into new products and territories follows e.l.f. Beauty’s $1B acquisition of rhode in 2025 and signals the next chapter of rhode as they look to bring the brand to more people around the world.

*Source: CreatorIQ, Top 10 Skincare Leaderboard, April 2026. Rhode ranked No. 1 by earned media value (EMV). Available at CreatorIQ Leaderboard.

About rhode

rhode is a collection of curated skincare and hybrid makeup essentials with efficacious, intentional formulas that hydrate and nourish the skin barrier. Launched by Bieber in 2022, rhode was born from a need for high-performance, skincare essentials you can use every day. After years of working as a fashion model with the best makeup artists and skincare experts, Bieber noticed a gap in the industry and created a simplified product lineup that wasn’t based on trends, overly expensive ingredients, or a 15-minute routine. rhode’s formulas are developed with all skin types in mind, purposeful ingredients at efficacious levels, and backed by a team of skin care experts, from top cosmetics chemists, dermatologists and makeup artists, to leading voices in the skincare industry. Beyond its products, rhode brings the brand to life in new and immersive ways, creating a world of rhode through high-impact campaigns, innovative IRL activations and close community engagement. In 2025, rhode was acquired by e.l.f. Beauty (NYSE: ELF) for $1 billion. For more information, visit www.rhodeskin.com.

Media

rhode

Lena Griffin

[email protected]

KEYWORDS: California Portugal Croatia Bulgaria Latin America Switzerland Central America United States North America Europe Belgium Mexico Czech Republic Romania

INDUSTRY KEYWORDS: Fashion Entertainment Cosmetics Online Retail Retail Celebrity

MEDIA:

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rhode expands global presence to Mexico, its first entry into Latin America, and adds seven European countries. Expansion is timed to global launch of rhode’s Summer ’26 Collection of bronzed, glow-inspired essentials starting Tuesday, June 9 at 9 a.m. PST on rhodeskin.com.
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Greenwood Village Gated Community Breaks Ground in Upscale Landmark District

PR Newswire

Invitation‑Only Groundbreaking Event on June 4 Included Architectural and Design Reveals for Luxury Single-Family Homes

Key Takeaways

  • The Village at Landmark breaks ground in Greenwood Village. Rare gated community will bring 90 detached, luxury single-family homes to one of the city’s most land-constrained submarkets.
  • Invitationonly June 4 event included an architectural first look at plans ranging from 3,280 to 4,500 square feet, designed by Godden Sudik Architects, with luxury features like private elevators and rooftop living.
  • Located directly south of The Landmark entertainment district, the community will offer walkable access to shopping, dining, and entertainment alongside nearby trails and Club Greenwood.
  • Home sales are anticipated to begin in spring 2027, with pricing expected to range from $1.7 million to $3 million.

GREENWOOD VILLAGE, Colo., June 5, 2026 /PRNewswire/ — The Village at Landmark, a highly anticipated gated community in Greenwood Village, marked a major milestone this week with a groundbreaking event on Thursday, June 4. Located on prime real estate directly south of The Landmark entertainment district, The Village at Landmark will offer two home collections, with luxury floor plans including features like private elevators, rooftop living spaces, and three-bay garages. The community is slated to begin selling in spring 2027.

Groundbreaking Ceremony for The Village at Landmark – Pictured From Left to Right: Brittany Wall (Division President, Century Communities), Jim Francescon (Executive Vice President, Century Communities), Todd Baker (Regional President, Century Communities), Mayor George Lantz (Greenwood Village),  Rob Francescon (Chief Executive Officer and President, Century Communities) | New Homes in Greenwood Village, CO

The private groundbreaking event welcomed city officials, community leaders, and other invited guests for a first look at architectural and design plans. Upon completion, the community will include 90 detached, single-family homes, a rare opportunity for homebuyers in one of the Denver Metro’s most highly limited and tightly regulated submarkets.

The community is being developed and built by Greenwood Village-based homebuilder Century Communities and designed by Godden Sudik Architects. Pricing at The Village at Landmark is expected to range from $1.7 million to $3 million.

Learn more and join the interest list at

www.VillageAtLandmark.com

.

“Opportunities like this simply don’t come along often in Greenwood Village,” said Regional President Todd Baker. “90 detached, luxury homes—each with rooftop living space—on a 13-acre site within walking distance of Landmark amenities represents a truly special combination of location, design, and livability.”

With earthwork underway, model homes are anticipated to begin construction later this year.

Additional Project Details

  • Two floor plan collections ranging from 3,280 to 4,500 square feet
  • Basement and three-bay garage on every home
  • Planned amenities include a central gathering space with fire pits and water features, designed to encourage connection while preserving the privacy of a gated neighborhood
  • Walkable to The Landmark mixed‑use district in the Denver Tech Center, featuring shopping, dining, and entertainment—including Landmark Theatres, Comedy Works, JING and Upstairs Circus
  • Convenient proximity to regional trail systems and Club Greenwood

 

Streetscape Rendering of The Village at Landmark | New Luxury Homes in Greenwood Village, CO

Rec Room Interior Rendering | The Village at Landmark | New Homes in the Denver Tech Center

Rendering of Central Gathering Space at The Village at Landmark | Single-Family Homes in Greenwood Village, CO

The Village at Landmark logo

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SOURCE Century Communities, Inc.

Vertex Presents New Data on ALYFTREK® at European Cystic Fibrosis Conference

Vertex Presents New Data on ALYFTREK® at European Cystic Fibrosis Conference

– ALYFTREK Phase 3 data on children with cystic fibrosis ages 2 to 5 with vanzacaftor/tezacaftor/deutivacaftor-responsive genotypes including F/F and F/MF shows 65% reached sweat chloride levels of <30 mmol/L; Vertex on track to initiate global regulatory submissions in first half of 2026 –

Long-term 96-week interim analyses from two open-label extension studies demonstrate positive safety and efficacy profile of ALYFTREK in people with cystic fibrosis ages 6 and older –

– Phase 3 data on TRIKAFTA® in children 1 to <2 years also presented; Vertex has initiated global regulatory submissions –

BOSTON–(BUSINESS WIRE)–Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced data demonstrating the potentially transformative impact of treating cystic fibrosis (CF) with ALYFTREK ® (vanzacaftor/tezacaftor/deutivacaftor) in children ages 2 to 5, as well as data from 96-week interim analyses of two open-label extension studies of ALYFTREK in children 6 to 11 years and people 12 years and older demonstrating the long-term safety and efficacy profile of the medicine. The data, presented at the European Cystic Fibrosis Conference, show children ages 2 to 5 with vanzacaftor/tezacaftor/deutivacaftor-responsive genotypes including those who are homozygous for the F508del mutation (F/F) and those who have F508del/minimal function mutations (F/MF)on ALYFTREK had further improvement in CFTR function from a TRIKAFTA ® baseline as measured by sweat chloride (SwCl), with 65% having achieved SwCl <30 mmol/L after treatment with ALYFTREK. Vertex also presented Phase 3 data of children ages 1 to <2 with TRIKAFTA (elexacaftor/tezacaftor/ivacaftor). Vertex plans to submit for global regulatory approvals of ALYFTREK in children ages 2 to 5 in the first half of 2026, and the company has begun global regulatory submissions for TRIKAFTA in children ages 1 to <2.

“The data we’re presenting today bring us to the cusp of our 25-year mission to advance medicines that restore CFTR function to people living with CF,” said Carmen Bozic, M.D., Executive Vice President, Global Medicines Development and Medical Affairs, and Chief Medical Officer at Vertex. “They show that ALYFTREK is the first medicine to bring the majority of children ages 2 to 11 to SwCl below 30 mmol/L, which is incredibly exciting because SwCl <30mmol/L is the median value seen in carriers who are known to have normal health and is a key marker of restoration of CFTR function.”

“As someone who has been treating people with CF for more than 20 years and whose center is involved in the ALYFTREK 2 to 5 years clinical program, I have seen firsthand how the medicine can help patients achieve better CFTR function through reduction in sweat chloride and improve other important markers of disease like exocrine pancreatic function,” said Professor Marcus A. Mall, M.D., Professor and Chair of the Department of Pediatric Respiratory Medicine, Immunology and Critical Care Medicine and Cystic Fibrosis Center at Charité Universitätsmedizin Berlin. “The findings add to the evidence base exploring CFTR modulation in very young children with cystic fibrosis. Taken together with existing data, these results underscore the rationale for studying treatments that aim to restore CFTR function as early as possible in the disease course.”

Data presented in children ages 2-5 treated with ALYFTREK

“A Phase 3 open-label clinical trial of vanzacaftor/tezacaftor/deutivacaftor in children aged 2-5 years with cystic fibrosis”was presented as a late-breaking abstract and oral presentation in the “Late-Breaking Science” session on June 5 from 5:00 p.m. to 6:30 p.m. GMT+1. Data from 67 children who all completed the 24-week, Phase 3, open-label study show that ALYFTREK was generally safe and well tolerated, consistent with the established safety profile. The primary endpoint of the study was safety and tolerability. Treatment with ALYFTREK resulted in a rapid, clinically meaningful improvement in CFTR function with a mean reduction in sweat chloride from a baseline on TRIKAFTA of -9.6 mmol/L (95% CI -12.1 to -7.0) through Week 24, with 92% of children achieving SwCl concentrations of <60 mmol/L (the diagnostic threshold for CF), and 65% of children reaching SwCl values of <30 mmol/L. These improvements in CFTR function surpass those seen in trials with any other CFTR modulator in this age group.

Longer-term data presented on ALYFTREK and TRIKAFTA

Vertex also presented multiple abstracts on clinical and real-world evidence on ALYFTREK and TRIKAFTA as listed below. These abstracts will be published in the Journal of Cystic Fibrosis:

  • “Long-term safety and efficacy of vanzacaftor/tezacaftor/deutivacaftor in people with cystic fibrosis aged 12 years and older: 96-week interim analysis from an open-label extension study.” (Poster 143)

  • “Long-term safety and efficacy of vanzacaftor/tezacaftor/deutivacaftor in children with cystic fibrosis aged 6 years and older: 96-week interim analysis from an open-label extension study”; also presented as an oral presentation (WS01.3) during the symposium “Clinical and functional impact of highly effective modulators” on June 4 from 3:00–4:30 p.m. GMT+1.

  • “Demographic and clinical characteristics of children with CF aged 2-5 years initiating ELX/TEZ/IVA in LONGITUDE — a UK CF Registry observational study.” (Poster P432)

Data presented in children ages 1 to <2 treated with TRIKAFTA

“A Phase 3, 24-Week, Open-Label Study of Elexacaftor/Tezacaftor/Ivacaftor in Children with Cystic Fibrosis 12 to <24 Months of Age” (WS01.2)was featured in an oral presentation as part of the symposium “Clinical and functional impact of highly effective modulators” on June 4 from 3:00–4:30 p.m. GMT+1 and the abstract will be published in the Journal of Cystic Fibrosis:. Results from a 24-week, Phase 3, open-label study of TRIKAFTA in 54 enrolled children aged 12 to <24 months was presented. The primary endpoint was safety and tolerability. TRIKAFTA was generally safe and well tolerated; the safety data are consistent with the established safety profile. Treatment with TRIKAFTA in this age group resulted in rapid, statistically significant and clinically meaningful decrease in SwCl, with a mean reduction of -71.8 mmol/L from a baseline without CFTR modulator treatment through Week 24, with 98.0% of children achieving concentrations <60 mmol/L and 68.6% reaching <30 mmol/L.

The uses of ALYFTREK in children with CF 2 to 5 years old, and TRIKAFTA in children with CF 1 to <2 years old, are investigational.

U.S. IMPORTANT SAFETY INFORMATION AND INDICATIONS FOR ALYFTREK AND TRIKAFTA

WARNING: DRUG-INDUCED LIVER INJURY AND LIVER FAILURE

Elevated transaminases have been observed in patients treated with ALYFTREK.

TRIKAFTA can cause serious and potentially fatal drug-induced liver injury. Cases of liver failure leading to transplantation and death have been reported in both clinical trials and the postmarketing setting in patients with and without a history of liver disease taking TRIKAFTA, a fixed-dose combination drug containing elexacaftor (ELX), tezacaftor (TEZ), and ivacaftor (IVA), the same or similar active ingredients as ALYFTREK.Liver injury has been reported within the first month of therapy and up to 15 months following initiation of TRIKAFTA.

Assess liver function tests (ALT, AST, alkaline phosphatase, and bilirubin) in all patients prior to initiating ALYFTREK or TRIKAFTA, then every month during the first 6 months of treatment, every 3 months for the next 12 months, and at least annually thereafter. Consider more frequent monitoring for patients with a history of liver disease or liver function test (LFT) elevations at baseline.

Interrupt ALYFTREK or TRIKAFTA for significant elevations in LFTs or in the event of signs or symptoms of liver injury. Consider referral to a hepatologist. Follow patients closely with clinical and laboratory monitoring until abnormalities resolve. If resolved, resume treatment only if benefit is expected to outweigh risk. Closer monitoring is advised after resuming treatment.

ALYFTREK or TRIKAFTA should not be used in patients with severe hepatic impairment (Child-Pugh Class C). ALYFTREK or TRIKAFTA is not recommended in patients with moderate hepatic impairment (Child-Pugh Class B). ALYFTREK or TRIKAFTA should only be considered when there is a clear medical need and benefit outweighs risk. If ALYFTREK is used, monitor patients closely. If TRIKAFTA is used, use with caution at a reduced dosage and monitor patients closely.

WARNINGS AND PRECAUTIONS

DRUG-INDUCED LIVER INJURY AND LIVER FAILURE

  • Elevated transaminases have been observed in patients treated with ALYFTREK. TRIKAFTA can cause serious and potentially fatal drug-induced liver injury. Liver failure leading to transplantation and death has been reported in patients with and without a history of liver disease taking TRIKAFTA. Liver injury has been reported within the first month of therapy and up to 15 months following initiation of TRIKAFTA

  • Assess LFTs in all patients prior to initiating ALYFTREK or TRIKAFTA, then every month during the first 6 months of treatment, every 3 months for the next 12 months, and at least annually thereafter. Consider more frequent monitoring for patients with a history of liver disease or LFT elevations at baseline, or a history of elevated LFTs with drugs containing ELX, TEZ, and/or IVA

  • Interrupt ALYFTREK or TRIKAFTA in the event of signs or symptoms of liver injury, which may include:

    • Significant elevations in LFTs (e.g., ALT or AST >5x the upper limit of normal (ULN) or ALT or AST >3x ULN with bilirubin >2x ULN)

    • Clinical symptoms suggestive of liver injury (e.g., jaundice, right upper quadrant pain, nausea, vomiting, altered mental status, ascites)

  • Consider referral to a hepatologist and follow patients closely with clinical and laboratory monitoring until abnormalities resolve. If resolved, and if benefit is expected to outweigh risk, resume treatment with close monitoring

  • ALYFTREK and TRIKAFTA should not be used in patients with severe hepatic impairment, are not recommended in patients with moderate hepatic impairment, and should only be considered when there is a clear medical need and benefit outweighs risk. If ALYFTREK is used, monitor patients closely. If TRIKAFTA is used, use with caution at a reduced dosage and monitor patients closely

HYPERSENSITIVITY REACTIONS, INCLUDING ANAPHYLAXIS

  • Hypersensitivity reactions, including cases of angioedema and anaphylaxis, have been reported in the postmarketing setting for TRIKAFTA. If signs or symptoms of serious hypersensitivity reactions develop during treatment, discontinue ALYFTREK or TRIKAFTA and institute appropriate therapy. Consider benefits and risks to determine whether to resume treatment

PATIENTS WHO DISCONTINUED OR INTERRUPTED ELX-, TEZ-, OR IVA-CONTAINING DRUGS DUE TO ADVERSE REACTIONS

ALYFTREK

  • There are no available safety data for ALYFTREK in patients who previously discontinued or interrupted treatment with drugs containing ELX, TEZ, or IVA due to adverse reactions. Consider benefits and risks before using ALYFTREK in these patients and if used, closely monitor for adverse reactions

INTRACRANIAL HYPERTENSION (IH)

  • IH has been reported in the postmarketing setting with TRIKAFTA, which contains the same or similar active ingredients as ALYFTREK. Clinical manifestations of IH include headache, blurred vision, diplopia, and potential vision loss; papilledema can be found on fundoscopy. If an unusual headache or visual disturbances occur during treatment, and IH is suspected, interrupt treatment and refer for prompt medical evaluation. Consider benefits and risks to determine whether to resume treatment. Patients should be monitored until IH resolution and for recurrence. Patients with elevated vitamin A levels may be at increased risk

NEUROPSYCHIATRIC EVENTS, INCLUDING SUICIDAL THOUGHTS AND BEHAVIORS

  • Serious neuropsychiatric events, including symptoms of anxiety, depression, suicidal ideation and behavior, and sleep disturbances, have been reported in the postmarketing setting in patients with and without a previous history of neuropsychiatric symptoms taking ALYFTREK or TRIKAFTA. Symptoms may occur within the first 3 months of treatment. Assess patients for baseline neuropsychiatric symptoms and monitor for new or worsening symptoms. Consider the benefits and risks to determine if treatment should be interrupted at symptom occurrence or resumed with symptom improvement

DRUG INTERACTIONS

Use With CYP3A Inducers

  • Following concomitant use of strong or moderate CYP3A inducers with ALYFTREK, exposures of vanzacaftor, TEZ, and deutivacaftor were decreased, which may reduce ALYFTREK effectiveness. Concomitant use with strong or moderate CYP3A inducers is not recommended

  • Exposure to IVA is significantly decreased and exposure to ELX and TEZ are expected to decrease with concomitant use of CYP3A inducers, which may reduce effectiveness of TRIKAFTA. Concomitant use with strong CYP3A inducers is not recommended

Use With CYP3A Inhibitors

  • Exposure to vanzacaftor, TEZ, and deutivacaftor or ELX, TEZ, and IVA are increased when used concomitantly with strong or moderate CYP3A inhibitors. The dose of ALYFTREK or TRIKAFTA should be reduced when used concomitantly with moderate or strong CYP3A inhibitors

CATARACTS

  • Non-congenital lens opacities have been reported in pediatric patients treated with TRIKAFTA, which contains IVA (similar to an active ingredient in ALYFTREK). Baseline and follow-up ophthalmological examinations are recommended in pediatric patients

ADVERSE REACTIONS

ALYFTREK

  • Serious adverse reactions that occurred more frequently with ALYFTREK than with ELX/TEZ/IVA in 2 or more patients (≥0.4%) were influenza (1.5%), increased AST (0.4%), increased GGT (0.4%), depression (0.4%), and syncope (0.4%)
  • The most common adverse reactions occurring in ≥5% of patients and at a frequency higher than ELX/TEZ/IVA by ≥1% were cough, nasopharyngitis, upper respiratory tract infection (URTI), headache, oropharyngeal pain, influenza, fatigue, increased ALT and AST, rash, and sinus congestion

TRIKAFTA

  • Serious adverse reactions that occurred more frequently in patients treated with TRIKAFTA compared to placebo included rash (1% vs <1%) and influenza (1% vs 0%)
  • The most common adverse reactions occurring in ≥5% of patients treated with TRIKAFTA and at a rate higher than placebo by ≥1% were headache; URTI; abdominal pain; diarrhea; rash; increased ALT, blood creatine phosphokinase, AST, and blood bilirubin; nasal congestion; rhinorrhea; rhinitis; influenza; sinusitis; and constipation

USE IN SPECIFIC POPULATIONS

PEDIATRIC USE

  • Safety and effectiveness have not been established for ALYFTREK in patients <6 years, nor for TRIKAFTA in patients <2 years. The use in children under these ages is not recommended

INDICATIONS

ALYFTREK is indicated for the treatment of patients ≥6 years who have a clinical diagnosis of CF and ≥1 variant in the CFTR gene that is responsive based on clinical and/or in vitro data or results in CFTR protein production.

TRIKAFTA is indicated for the treatment of patients ≥2 years who have a clinical diagnosis of CF and ≥1 variant in the CFTR gene that is responsive based on clinical and/or in vitro data or results in CFTR protein production.

If the patient’s genotype is unknown, an FDA-cleared CF genetic test should be used to confirm the presence of ≥1 indicated variant.

Please see full U.S. Prescribing Information, including Boxed WARNING, for ALYFTREK and TRIKAFTA.

About Cystic Fibrosis

Cystic fibrosis (CF) is a rare, life-shortening genetic disease affecting more than 112,000 people, including approximately 97,000 people in the United States, Europe, Australia and Canada. CF is a progressive, multi-organ disease that affects the lungs, liver, pancreas, GI tract, sinuses, sweat glands and reproductive tract. CF is caused by a defective and/or missing CFTR protein resulting from certain mutations in the CFTR gene. Children must inherit two defective CFTR genes — one from each parent — to have CF, and these mutations can be identified by a genetic test. While there are many different types of CFTR mutations that can cause the disease, the vast majority of people with CF have at least one F508del mutation. CFTR mutations lead to CF by causing CFTR protein to be defective or by leading to a shortage or absence of CFTR protein at the cell surface. The defective function and/or absence of CFTR protein results in poor flow of salt and water into and out of the cells in a number of organs. In the lungs, this leads to the buildup of abnormally thick, sticky mucus, chronic lung infections and progressive lung damage that eventually leads to death for many patients. The median age of death is in the 30s, but with treatment, projected survival is improving.

Learn more about the importance of sweat chloride (SwCl) in cystic fibrosis.

Today Vertex CF medicines are treating over 75,000 people with CF across more than 60 countries on six continents. This represents approximately 2/3 of the diagnosed people with CF eligible for CFTR modulator therapy.

About Vertex

Vertex is a global biotechnology company that invests in scientific innovation to create transformative medicines for people with serious diseases and conditions. The company has approved therapies for cystic fibrosis, sickle cell disease, transfusion-dependent beta thalassemia and acute pain, and it continues to advance clinical and research programs in these areas. Vertex also has a robust clinical pipeline of investigational therapies across a range of modalities in other serious diseases where it has deep insight into causal human biology, including IgA nephropathy, neuropathic pain, APOL1-mediated kidney disease, primary membranous nephropathy, autosomal dominant polycystic kidney disease, type 1 diabetes, generalized myasthenia gravis, and myotonic dystrophy type 1.

Vertex was founded in 1989 and has its global headquarters in Boston, with international headquarters in London. Additionally, the company has research and development sites and commercial offices in North America, Europe, Australia, Latin America and the Middle East. Vertex is consistently recognized as one of the industry’s top places to work, including 16 consecutive years on Science magazine’s Top Employers list and one of Fortune’s 100 Best Companies to Work For. For company updates and to learn more about Vertex’s history of innovation, visit www.vrtx.com or follow us on LinkedIn, Facebook, Instagram, YouTube and X.

Special Note Regarding Forward-Looking Statements

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, the statements made by Carmen Bozic, M.D. and Marcus A. Mall, M.D., and statements about company’s expectations to initiate global regulatory submissions for ALYFTREK in children with CF ages 2 to 5 years in the first half of 2026, expectations for the clinical benefits of ALYFTREK and TRIKAFTA, and expectations for the global regulatory submissions for TRIKAFTA in children with CF ages 1 to <2 years. While Vertex believes the forward-looking statements contained in this press release are accurate, these forward-looking statements represent the company’s beliefs only as of the date of this press release and there are a number of risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied by such forward-looking statements. Those risks and uncertainties include, among other things, that the company may be unable to make the anticipated regulatory submissions on the expected timeline, or at all, that data from the company’s research and development programs may not support registration or further development of its compounds due to safety, efficacy, and other risks, and other risks listed under the heading “Risk Factors” in Vertex’s most recent annual report and subsequent quarterly reports filed with the Securities and Exchange Commission at www.sec.gov and available through the company’s website at www.vrtx.com. You should not place undue reliance on these statements or the scientific data presented. Vertex disclaims any obligation to update the information contained in this press release as new information becomes available.

(VRTX-GEN)

Vertex Pharmaceuticals Incorporated

Investors:

[email protected]

Media:

[email protected]

or

U.S.: 617-341-6992

or

International: +44 20 3204 5275

KEYWORDS: Europe United States North America Massachusetts

INDUSTRY KEYWORDS: Biotechnology Pharmaceutical General Health Health Children Consumer Clinical Trials Other Health

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Garmin shareholders approve quarterly dividend through March 2027

PR Newswire

Company announces record date and payment date for June 2026 dividend installment

SCHAFFHAUSEN, Switzerland, June 5, 2026 /PRNewswire/ — At Garmin Ltd.’s annual shareholders’ meeting held today, approval was received from the shareholders in accordance with Swiss corporate law for a cash dividend in the amount of $4.20 per share, payable in four equal installments. The Board has determined that the June installment of the dividend will be paid as indicated below and currently anticipates the scheduling of the remaining quarterly dividend installments as follows:

(PRNewsfoto/Garmin)



Dividend Payment Date



Record Date




Dividend Per Share


June 26, 2026

June 15, 2026

$1.05

September 25, 2026

September 11 2026

$1.05

December 24, 2026

December 11, 2026

$1.05

March 26, 2027

March 12, 2027

$1.05

About Garmin Ltd: 

Engineered on the inside for life on the outside, Garmin products have revolutionized the aviation, automotive, fitness, marine and outdoor markets. Dedicated to helping people make the most of the time they spend pursuing their passions, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. Garmin Ltd. (NYSE: GRMN) is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin’s virtual Newsroom, email our press team, or follow us on LinkedIn.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors that are described in the Annual Report on Form 10-K for the year ended December 27, 2025 filed by Garmin with the Securities and Exchange Commission (Commission file number 001-41118).  A copy of Garmin’s 2025 Form 10-K can be downloaded from https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Investor Relations Contact:               

Corporate Communications Contact:

Teri Seck            

Krista Klaus    

+1 913 397 8200

+1 913 397 8200


[email protected]      


[email protected]    

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/garmin-shareholders-approve-quarterly-dividend-through-march-2027-302792837.html

SOURCE Garmin Ltd.

WGS INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of GeneDx Holdings Corp. Investors – Holzer & Holzer, LLC Encourages Investors With Losses to Contact the Firm

ATLANTA, June 05, 2026 (GLOBE NEWSWIRE) — A shareholder class action lawsuit has been filed against GeneDx Holdings Corp. (“GeneDx ”) (NASDAQ: WGS). The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts regarding GeneDx’s acquisition of Fabric Genomics and its impact on GeneDx’s business, operations, and prospects. 

If you purchased GeneDx shares between April 16, 2025 and May 4, 2026, and experienced a loss on that investment, you are encouraged to discuss your legal rights by contacting Marshall P. Dees, Esq. at [email protected], by toll-free telephone at (888) 508-6832, or by visiting the firm’s website at www.holzerlaw.com/case/genedx-holdings/ for more information. 

The deadline to ask the court to be appointed lead plaintiff in the case is August 3, 2026. 

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023, and 2025, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.

CONTACT:
Corey Holzer, Esq. 
(888) 508-6832 (toll-free)
[email protected]



TLSI INVESTOR ALERT: Holzer & Holzer, LLC Investigation of TriSalus Life Sciences, Inc. 

ATLANTA, June 05, 2026 (GLOBE NEWSWIRE) — Holzer & Holzer, LLC is investigating whether TriSalus Life Sciences, Inc.  (“TriSalus” or the “Company”) (NASDAQ: TLSI) complied with federal securities laws. On May 12, 2026, TriSalus reported its first quarter 2026 financial results, revealing a decrease in revenue compared to the same period in 2025 and lowered its full year revenue guidance. The price of the Company’s stock dropped following this news.

If you purchased TriSalus stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at [email protected] or Joshua Karr, Esq. at [email protected], call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/trisalus/ to discuss your legal rights.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023, and 2025, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.  

CONTACT:
Corey Holzer, Esq. 
(888) 508-6832 (toll-free)
[email protected]



FutureCorp Launches to Bring Frontier Economies to Public Markets

FutureCorp Launches to Bring Frontier Economies to Public Markets

New firm to operate publicly listed vehicles to give investors access to the industrial space economy

Launched by alumni from SpaceX, Palantir, NYSE, Surf Air, Anuvu

First vehicle begins trading today: FutureCorp Space Acquisition 1 (NYSE: FTRA) priced an IPO with $200 million in gross proceeds

HAWTHORNE, Calif.–(BUSINESS WIRE)–
FutureCorp LLC (together with its affiliates, “FutureCorp”), a new investment firm that seeks to connect frontier economies with public-market investors, has announced its launch. FutureCorp expects to sponsor publicly listed vehicles focused on next decade’s frontier economies. This will include a series of special purpose acquisition companies and publicly traded funds holding late-stage private companies. FutureCorp’s first frontier is space. The firm’s first vehicle is FutureCorp Space Acquisition 1 (NYSE: FTRA), which priced its IPO with $200 million in gross proceeds yesterday and begins trading on the NYSE today.

Why now: the best companies of the last twenty years stayed private

As frontier technology leaders have stayed private longer, public-market investors have been excluded from the most consequential wealth creation opportunities over the past decade. U.S. initial public offerings have declined approximately 70% since 2000. Private markets have grown roughly seven-fold over the same period and are projected to reach $30 trillion by 2030. When these private companies ultimately access the public markets, compounding value creation has already occurred outside the reach of ordinary public investors. FutureCorp was formed to address that gap, democratizing access to later-stage private companies.

“Most of the consequential companies built over the past two decades have been built in private markets, and public investors have largely been bystanders,” said Sudhin Shahani, Founding Partner of FutureCorp. “We’re building FutureCorp to bring the leading companies of the next generation of frontier economies onto public markets earlier. Our first frontier is industrial space — FutureCorp Space Acquisition 1 is the first step on that journey.”

“We are proud to work with FutureCorp on providing space companies support on a variety of fronts, including access to the public markets,” said Chris Taylor, Chief Development Officer, NYSE Group.

Space as the first frontier

The cost of launching a kilogram to low-Earth orbit is expected to fall below $100 by 2029 — comparable to shipping a kilogram overnight from New York to Los Angeles. That threshold has unlocked a new wave of industrial space companies in space manufacturing, private space stations, in-orbit transportation, in-orbit computing, and additional categories still being defined. More than 40 privately held space companies hold unicorn valuations today, with several clear category leaders emerging. The pending public listing of SpaceX illustrates how much of this generation’s space-economy value has been built outside the reach of ordinary investors.

The team

FutureCorp’s founding partners include Sudhin Shahani, co-founder and former Chairman of Surf Air Mobility (NYSE: SRFM); Joshua Marks, Chief Executive Officer of Anuvu Corporation; David Anderman, former General Counsel of Space Exploration Technologies Corp. (SpaceX) and Co-Founder and General Partner of Stellar Ventures; and Matt Long, former General Counsel of Palantir Technologies (Nasdaq: PLTR), former General Counsel of Astranis, and former Vice President for Government at xAI.

FutureCorp Space Acquisition 1 is led by Mr. Shahani as Chairman, Mr. Marks as Chief Executive Officer and Chief Financial Officer, and Mr. Long as General Counsel. John Tuttle, former Vice Chairman of the New York Stock Exchange (operated by Intercontinental Exchange, NYSE: ICE), and Shawn Pelsinger, former Global Head of Corporate Development at Palantir Technologies (Nasdaq: PLTR), will serve on its board of directors alongside Mr. Anderman.

FutureCorp Space Acquisition 1

FutureCorp Space Acquisition 1 (NYSE: FTRA), the firm’s first listed vehicle, priced its initial public offering of 20,000,000 units at $10.00 per unit yesterday, for gross proceeds of $200,000,000 before any exercise of the underwriter’s over-allotment option. Cantor Fitzgerald & Co. acted as sole book-running manager. As described in its prospectus, FutureCorp Space Acquisition 1 intends to concentrate on companies in the global industrial space economy, including space manufacturing and component supply chains, launch platforms, in-orbit services and habitats, in-orbit computing and manufacturing, space-based telecommunications and Earth observation, and defense-related activities.

About FutureCorp

FutureCorp is an investment platform built to connect frontier economies with public-market investors.

The firm expects to sponsor publicly listed vehicles in frontier economies, beginning with space. Additional information is available at futurecorp.vc.

Forward-Looking Statements

This press release contains forward-looking statements regarding FutureCorp’s investment platform, its intended future vehicles, and its views on market and sector conditions. Actual outcomes may differ materially from those expressed or implied as a result of various factors, including those described in the public filings, if any, made by FutureCorp-affiliated vehicles. Nothing in this release constitutes an offer to sell or a solicitation of an offer to buy any security. Any future securities offerings by FutureCorp-affiliated vehicles will be made only by means of a prospectus filed with the SEC after the relevant registration statement has become effective. The offering of securities by FutureCorp Space Acquisition 1 is being made only by means of its prospectus; copies may be obtained from Cantor Fitzgerald & Co., 110 East 59th Street, New York, NY 10022, by email at [email protected], or from the SEC’s website at www.sec.gov. Forward-looking statements speak only as of the date of this press release, and FutureCorp undertakes no obligation to update them.

Media: Patrick Lenihan · [email protected] | Inquiries: [email protected]

KEYWORDS: United States North America Canada California

INDUSTRY KEYWORDS: Supply Chain Management Banking Technology Manufacturing Professional Services Telecommunications Other Manufacturing Retail Other Defense Defense Finance

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