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XFLT Proxy Vote: What This Shareholder Vote Is Really About

The Choice Is Between Approving King Street as Sub-Adviser or Prolonging Uncertainty

There Is No Option to Reappoint Octagon as Sub-Adviser

The Board Urges XFLT Shareholders Vote on the


WHITE


Card to Approve the King Street Sub-Adviser Ahead of Special Meeting of Shareholders on July 30

th

CHICAGO, July 25, 2026 (GLOBE NEWSWIRE) — XA Investments LLC (“XAI”), manager of XAI Floating Rate & Alternative Income Trust (XFLT) (the “Fund”), clarified the choice put forth before shareholders at the upcoming Special Meeting of Shareholders on July 30, 2026:

  • Vote on the WHITE card “FOR” the approval of the new investment sub-advisory agreement among the Fund, XA Investments LLC and Rockford Tower Asset Management, L.L.C. (the “King Street Sub-Adviser”), a wholly owned subsidiary of King Street Capital Management, L.P. (“King Street”) (the “King Street Sub-Advisory Agreement”), which the Board believes will enhance performance and distributions, with no changes to fees.
  • Vote against the proposal, resulting in limbo as the King Street Sub-Adviser is appointed interim sub-adviser and the Board restarts the process to identify a permanent sub-adviser.

However, the terminated sub-adviser Octagon Credit Investors (“Octagon”) has launched a campaign to confuse shareholders about the nature of this vote. We do not believe shareholders should be misled.

WHAT SHAREHOLDERS ARE ACTUALLY BEING ASKED TO APPROVE

  • There is only one shareholder proposal to be voted on. The XFLT Board is asking shareholders of the Fund to approve the King Street Sub-Advisory Agreement.
  • XFLT’s Board launched a comprehensive process to identify the King Street Sub-Adviser as the ideal sub-adviser for the Fund.
  • King Street is a leading global alternative asset manager that, along with its affiliates, manages $30 billion assets across multiple segments of the public and private markets. King Street’s collateralized loan obligation (CLO) platform includes 20 U.S. CLOs, nine European CLOs and approximately $12 billion in CLO assets under management.
  • The Board has high conviction that King Street has the potential to increase distributions, improve Fund performance over time and manage the Fund more dynamically within its stated mandate.

WHAT SHAREHOLDERS ARE

NOT

BEING ASKED TO APPROVE

The terminated sub-adviser Octagon continues to intentionally spread misleading claims surrounding the elements of the shareholder proposal ahead of the Special Meeting.

To clarify, the following are NOT matters shareholders will be voting on:

  • There are NO management fee increases if the proposal is approved. There are NO changes to management fees if the proposal is not approved.
  • Octagon will not be reinstated as sub-adviser following the Special Meeting on July 30th.
  • A failed vote will not bring Octagon and XAI back to the negotiation table.
  • The Fund’s qualified management team and Board will remain in place regardless of the outcome of the vote.

VOTE “FOR” THE APPROVAL OF THE KING STREET SUB-ADVISOR AGREEMENT ON THE 

WHITE

 PROXY CARD TODAY

The Board urges XFLT shareholders to vote “FOR” the King Street Sub-Adviser on the WHITE Card. Use one of the following options to vote:

  • By Internet: Visit the website listed on your WHITE proxy card, enter your control number and follow the simple on-screen instructions.
  • By Phone: Call the toll-free number listed on your WHITE proxy card.
  • By Mail: Sign and return the enclosed WHITE proxy card in the enclosed postage-paid envelope.

If you have any questions or need assistance voting your shares, please contact our proxy solicitation firm, Okapi Partners LLC, toll-free at (855) 305-0855 or by email at 

[email protected]

.

About XA Investments

XA Investments LLC is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund. In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including product development and market research, marketing and fund management. XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. For more information, please visit www.xainvestments.com.

About King Street Capital Management

King Street is a global alternative investment firm founded in 1995 that manages $30 billion in assets across public and private markets. The firm marries rigorous fundamental research with tactical trading and differentiated sourcing capabilities to identify investment opportunities across asset classes, up and down the capital structure. For more information, please visit www.kingstreet.com. Follow King Street Capital Management on LinkedIn.

Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements.” Forward-looking statements can be identified by the words “may,” “will,” “intend,” “expect,” “estimate,” “continue,” “plan,” “anticipate,” and similar terms and the negatives of such terms. By their nature, all forward-looking statements involve risks and uncertainties, and actual results could differ materially from those contemplated by the forward-looking statements. Many factors that could materially affect the Fund’s actual results are the performance of the portfolio of securities held by the Fund, the conditions in the U.S. and international financial and other markets, the price at which Fund shares trade in the public markets and other factors. Although the Fund believes that the expectations expressed in such forward-looking statements are reasonable, actual results could differ materially from those expressed or implied in such forward-looking statements. The Fund’s future financial condition and results of operations, as well as any forward-looking statements, are subject to change and are subject to inherent risks and uncertainties. You are cautioned not to place undue reliance on these forward-looking statements, which are made as of the date of this press release. Except for the Fund’s ongoing obligations under the federal securities laws, the Trust does not intend, and the Fund undertakes no obligation, to update any forward-looking statement.

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

Past performance is no guarantee of future results. An investment in the Fund involves risk, including the possible loss of principal. Investors should consider the Fund’s investment objectives, risks, charges, and expenses carefully before investing. Please refer to the Fund’s filings with the Securities and Exchange Commission for additional information.

Media Contact: 

XA Investments LLC
Kim Shepherd
Senior Consultant
[email protected]
312-623-5123
www.xainvestments.com

Prosek Partners
[email protected]



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Cogent Communications Holdings, Inc. Sued for Securities Law Violations – Contact the DJS Law Group to Discuss Your Rights – CCOI

Cogent Communications Holdings, Inc. Sued for Securities Law Violations – Contact the DJS Law Group to Discuss Your Rights – CCOI

LOS ANGELES–(BUSINESS WIRE)–The DJS Law Group reminds investors of a class action lawsuit against Cogent Communications Holdings, Inc. (“Cogent” or “the Company”) (NASDAQ: CCOI) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of CCOI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: February 29, 2024 to May 1, 2026

DEADLINE: September 21, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Cogent’s backlog was filled with orders unlikely to generate revenue. The Company was unlikely to reach revenue and margin targets with these orders. Based on these facts, Cogent’s public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group’s primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal

MEDIA:

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Kuwait Oil Company Signs US$ 16.0 Billion Infrastructure Partnership Involving Its Crude Oil Pipeline Network With a Consortium Comprising Blackstone, Brookfield and KKR

Kuwait Oil Company Signs US$ 16.0 Billion Infrastructure Partnership Involving Its Crude Oil Pipeline Network With a Consortium Comprising Blackstone, Brookfield and KKR

  • Kuwait Oil Company (“KOC”) is establishing a new joint venture (“JV”) with three leading global investors in a lease and leaseback structure for a 20.5 year period that includes a volume-based tariff

  • Following a competitive selection process, Blackstone, Brookfield and KKR will collectively hold a 49% stake in the JV, with each investor holding an equal one-third share of that interest on equal terms; KOC will retain a 51% stake and full ownership and operational control of the network

  • Kuwait’s largest energy infrastructure partnership to date, and the largest foreign direct investment ever in Kuwait

  • Marks the first time leading global institutional investors have deployed long-term capital into Kuwait’s midstream infrastructure

  • Underscores – amidst ongoing regional geopolitical challenges – international trust in KPC’s ability to deliver on its 2040 Strategy to reach 4 million barrels of crude oil production capacity per day by 2035

  • Supports Kuwait’s economic diversification goals in a partnership with leading international investors, expected to generate US$ 7.85 billion of proceeds to support broader capital expenditure plans

  • Preserves the State of Kuwait’s full flexibility over its production and refining volumes

KUWAIT CITY, Kuwait–(BUSINESS WIRE)–
Kuwait Petroleum Corporation (“KPC”), the state-owned corporation overseeing Kuwait’s oil and gas sector, today announced that its wholly owned subsidiary, Kuwait Oil Company (“KOC”), responsible for the exploration, production and transportation of crude oil on behalf of the State of Kuwait, has signed a US$ 16.0 billion lease-and-lease-back agreement involving its entire domestic and export pipeline network with a consortium of international infrastructure and institutional investors led collectively by Blackstone, Brookfield and KKR.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260724974083/en/

As part of the transaction, a newly formed Kuwaiti-incorporated JV will lease from KOC the usage rights to all of its 13 pipelines, spanning a total of approximately 320 kilometers of Kuwait’s pipeline network. Under the terms of the agreement, the JV will grant back to KOC the exclusive use, operational and maintenance rights in the pipeline assets for a 20.5 year period, in exchange for a volume-based tariff.

KOC and the consortium, comprising Blackstone, Brookfield and KKR, will establish the new joint venture, with KOC holding a 51% majority stake and the consortium collectively holding the remaining 49%, with equal stakes and on equal terms. KOC will continue to maintain full ownership and operational control of the pipeline network. The JV will not impose any restrictions on Kuwait’s refining throughput or production volumes, all of which remain subject to decisions made by the State of Kuwait.

The JV is expected to generate upfront proceeds of US$ 7.85 billion for KOC upon closing, supporting KPC’s capital expenditure plans, including KPC’s target of 4 million barrels per day of crude oil production capacity by 2035, and supporting Kuwait’s broader efforts to diversify sources of capital and deepen engagement with global investors.

The commitment represents the largest foreign direct investment in Kuwait’s history. Its scale reflects the quality of KOC’s asset base, the strength of KPC’s operational stewardship, and the enduring appeal of Kuwait as an investment destination.

The agreement ranks among the first major inward investments in the Arabian Gulf region since the onset of recent tensions, and it bears testament to Kuwait’s resilience and agility, and the sustained confidence of global institutional investors in Kuwait and KPC.

Beyond its immediate proceeds, the JV is intended to serve as a catalyst for deeper participation by global investors in the national economy, in keeping with KPC’s development plan and Kuwait’s long-term diversification agenda.

Shaikh Nawaf Saud Al-Sabah, Deputy Chairman and CEO of KPC, said:

“Project Peregrine represents the largest foreign direct investment in Kuwait’s history and a defining milestone for our country’s economic development. It delivers on the commitment announced by His Highness the Prime Minister Shaikh Ahmad Abdullah Al-Ahmad Al-Sabah at the Kuwait Oil & Gas Show (KOGS) in February 2026 to attract world-class international investors into Kuwait’s strategic infrastructure while preserving full national ownership and operational control.

We are pleased to welcome Blackstone, Brookfield and KKR as long-term partners in this landmark transaction. Their investment reflects confidence in Kuwait’s resilience, the quality of KPC’s assets and our long-term vision for the country’s energy sector.

This transaction sends a powerful signal that Kuwait continues to rise as an attractive destination for global capital, even amid a challenging regional environment.”

Joe Bae and Scott Nuttall, Co-CEOs of KKR, said:

“Kuwait has established itself as one of the world’s leading energy producers through decades of disciplined investment and prudent stewardship. We have greatly valued our partnership with Shaikh Nawaf and his team. This investment reflects our confidence in Kuwait and our commitment to providing long-term capital in support of strategic infrastructure, and we look forward to deepening our partnership and identifying further opportunities to invest alongside Kuwait in the years ahead.”

Bruce Flatt, CEO of Brookfield Corporation, said:

“Kuwait is a long-standing and highly valued partner of Brookfield’s, and we have long admired the way it has built a globally leading energy industry. We are proud to support Kuwait as it continues to build out its vital energy infrastructure, and honored to invest alongside our partners for the long term.”

Stephen Schwarzman, Chairman, CEO and Co-founder of Blackstone, said:

“Kuwait’s leadership, vision and resources have made it a compelling destination for international capital, built on its strength in the energy sector and remarkable efforts to diversify its economy. We are proud to support this critical infrastructure, helping meet rising global energy demand while deepening Blackstone’s nearly four-decade partnership with Kuwait.”

Additional transaction details

The transaction will be governed by Kuwaiti law and is subject to customary closing conditions and regulatory approvals.

Centerview Partners, HSBC and J.P. Morgan acted as financial advisors to KPC.

About KPC

Kuwait Petroleum Corporation is the national oil company of the State of Kuwait. Through an integrated supply chain managed by its six wholly owned subsidiaries, KPC oversees upstream, downstream, petrochemical, midstream and international operations. KPC is committed to the responsible production and global distribution of hydrocarbons, embedding innovative energy solutions across its business while serving as a trusted and reliable global supplier of hydrocarbons. For more information, please visit www.kpc.com.kw and follow @kpcofficialkw on X and Instagram.

About KOC

Kuwait Oil Company is responsible for all exploration, production, and transportation of crude oil on behalf of the State of Kuwait (itself the owner of the oil).

About Blackstone

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

About Brookfield

Brookfield is a leading global investment firm with more than $1 trillion in assets under management headquartered in New York that owns and operates real assets and essential service businesses that form the backbone of the global economy. We invest on behalf of institutions and individuals around the world across infrastructure, renewable power and transition, private equity, real estate, and credit—sectors critical to supporting economic growth and productivity. With a heritage spanning more than a century and operations in over 30 countries, we deploy long-term, patient capital to build the foundational assets and businesses that power a more connected, resilient, and sustainable future—seeking to build long-term wealth for our clients while delivering strong risk-adjusted returns for our shareholders.

For more information, please visit our website at www.brookfield.com.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Media Contacts

KPC/KOC

Shahad Al-Rashidi

[email protected]

Blackstone

Dafina Grapci-Penney / Tom Clements

[email protected]

Brookfield

Simon Maine: [email protected]

Shveta Singh: [email protected]

KKR

Annabel Arthur

[email protected]

KEYWORDS: Kuwait Ireland United Kingdom Europe Middle East

INDUSTRY KEYWORDS: Oil/Gas Energy

MEDIA:

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NAVER, NVIDIA and Brookfield to Expand Korea’s National AI Factory Infrastructure Buildout

Planned Investments to Scale NAVER’s Initial Multi-Tenant NVIDIA DSX AI Factory to 200 Megawatts by 2028, Fueling Next Generation of Korea and US AI Innovators

News Summary:

  • NAVER, NVIDIA and Brookfield plan to invest in gigawatt-scale, multi-tenant AI cloud infrastructure to power the next generation of AI companies in Korea and the U.S.
  • NAVER and NVIDIA team plan to expand the initial NVIDIA DSX AI factory buildout at GAK Sejong data center from 55 megawatts to 200 megawatts by 2028.
  • NAVER plans to continue its path toward gigawatt-scale sovereign AI infrastructure, deploying the NVIDIA DSX platform to deliver full-stack, lowest-cost AI factory infrastructure for enterprises, industries and government.

SAN FRANCISCO, July 24, 2026 (GLOBE NEWSWIRE) — AISummit — NAVER, NVIDIA and Brookfield today announced a proposed expansion of Korea’s sovereign AI factory infrastructure, with planned investments that will grow the initial NVIDIA® DSX™ AI factory deployment to 200 megawatts — more than tripling the 55-megawatt buildout announced last month. NAVER intends to expand its deployment of NVIDIA AI infrastructure to 1 gigawatt.

Announced during Korea President Jae Myung Lee’s AI Summit visit to San Francisco, the planned 200-megawatt expansion marks a significant acceleration of Korea’s national AI ambitions. The expanded infrastructure will be built with the NVIDIA DSX platform at NAVER’s GAK Sejong hyperscale data center in Sejong, South Korea.

NVIDIA plans to invest $1 billion into NAVER Corp. Brookfield has entered into a nonbinding term sheet to fund up to $9 billion. NAVER will fund the remaining amounts to finance the project. NVIDIA’s planned investment is subject to customary closing conditions and NAVER finalizing at least $9 billion of committed financing for the project, separate from NVIDIA’s planned investment. The expanded infrastructure will provide Korea- and U.S.-based AI innovators with access to production-scale AI compute for building next-generation models, agents and AI-powered services.

“NVIDIA’s planned strategic investment and our infrastructure supply agreement with Brookfield have propelled NAVER’s vision for the AI factory business into a robust execution phase,” said Haejin Lee, founder and chairman of NAVER. “Leveraging the solid partnerships with our global partners, we will drive technological innovation, foster a sovereign AI ecosystem and spearhead efforts to strengthen South Korea’s AI competitiveness.”

“The partnership will combine Brookfield’s global AI infrastructure investment capabilities, NAVER’s full-stack AI and data center operating expertise, and NVIDIA’s accelerated computing platform to advance Korea’s AI capabilities,” said Sikander Rashid, global head of AI infrastructure at Brookfield. “As AI adoption accelerates across the global economy, access to trusted, sovereign and scalable AI infrastructure is becoming an increasingly important strategic priority for companies and countries.”

“AI factories are the infrastructure nations need to compete and innovate in the intelligence era,” said Jensen Huang, founder and CEO of NVIDIA. “Together, NAVER, NVIDIA and Brookfield are building sovereign AI infrastructure at the scale needed to fuel Korea’s startups and industries. This is how nations and companies are building their futures in the age of AI.”

Expanding AI Factory Capacity to Fuel AI Innovators

The 200-megawatt AI factory is expected to feature advanced NVIDIA AI infrastructure including the NVIDIA Vera Rubin and NVIDIA Blackwell platforms. It intends to provide the compute, software and support needed to develop and deploy competitive AI models and applications at scale. As an NVIDIA Cloud Partner, NAVER provides deep expertise in operating hyperscale infrastructure powered by the full-stack NVIDIA AI platform.

Today’s proposed expansion builds on the June announcement in which NAVER committed to extending its GAK Sejong data center with NVIDIA DSX, with a long-term path to gigawatt-scale sovereign AI infrastructure to serve Korea’s enterprises, industries, government organizations and global AI cloud customers.

Brookfield Investments Scale AI Infrastructure Deployments

Brookfield has established one of the industry’s leading AI infrastructure investment platforms, with approximately $100 billion of assets under management across the AI infrastructure value chain including data centers, compute, semiconductor manufacturing and dedicated power generation.

The planned NAVER investment will mark another significant milestone in Brookfield’s strategic partnership with NVIDIA. Building on NVIDIA’s participation as a founding partner in the Brookfield Global AI Infrastructure Program, the planned investment combines Brookfield’s capital and AI infrastructure and power expertise with NVIDIA’s accelerated computing platform to support the deployment of large-scale AI factories.

Brookfield has been an active, long-term investor in Korea since establishing a presence in the country in 2014 and currently manages approximately $12 billion of assets across infrastructure, real estate and energy.

NVIDIA DSX Platform Powers Expansion

The NVIDIA DSX platform provides an end-to-end, codesigned stack for AI factories — spanning chips, systems, software, facilities and partner technologies — purpose-built to minimize token cost and accelerate time to first production.

NVIDIA DSX MaxLPS™ software maximizes token throughput per megawatt, while NVIDIA DSX OS™ provides lifecycle management, health automation, resiliency and multi-tenant AI factory management across the expanded infrastructure.

Open Models Accelerate Growth

In addition, the expanded infrastructure builds on NAVER and NVIDIA’s collaboration on open model development for agentic and physical AI. NAVER is advancing its HyperCLOVA X models to be based on NVIDIA Nemotron™ 3 Ultra open models with its proprietary data and training expertise. NAVER is also the first Korean company to join the NVIDIA Nemotron Coalition, contributing to open model development across pretraining, post-training and reinforcement learning.

NAVER plans to launch an AI agent platform in Korea in the second half of the year, powered by NVIDIA Agent Toolkit software including NVIDIA NemoClaw™ blueprints. NAVER is also developing a Seoul World Model using proprietary urban street-view and spatial modeling data, built on NVIDIA Cosmos™ world foundation models.

About NAVER

Founded in 1999, NAVER is Korea’s largest Internet company and one of the world’s top tech companies. Leading cutting-edge technologies, NAVER operates the No.1 search engine in Korea and holds various business portfolios encompassing commerce, fintech, cloud, AI and robotics.

NAVER recorded sales of KRW 12.04 trillion (USD 8.18 billion) in 2025. TEAM NAVER continues to enhance its business portfolio and expand its global presence across Japan, North America, and Europe, while pursuing innovation through continuous research and development in future technologies.

About Brookfield

Brookfield is a leading global investment firm with more than $1 trillion in assets under management that owns and operates real assets and essential service businesses that form the backbone of the global economy. We invest on behalf of institutions and individuals around the world across infrastructure, renewable power and transition, private equity, real estate, and credit—sectors critical to supporting economic growth and productivity. With a heritage spanning more than a century and operations in over 30 countries, we deploy long-term, patient capital to build the foundational assets and businesses that power a more connected, resilient, and sustainable future—seeking to build long-term wealth for our clients while delivering strong risk-adjusted returns for our shareholders.

About NVIDIA


NVIDIA
 (NASDAQ: NVDA) is the world leader in AI and accelerated computing.

For further information, contact:

NVIDIA Corporation
Corporate Communications
[email protected]

NAVER PR
Hyeyeon Jang
[email protected]

Brookfield
Simon Maine
+44 739 890 9278
[email protected]

Catherine Woods
+61 477 320 333
[email protected]

NAVER Forward-Looking Statements

This press release contains forward-looking statements regarding the NAVER’s future plans, outlook, and initiatives, as of the date of this release. Actual results and outcomes may differ materially depending on future changes in market conditions and business circumstances.

NVIDIA Forward-Looking Statements

Certain statements in this press release including, but not limited to, statements as to: together, NAVER, Brookfield and NVIDIA building sovereign AI infrastructure at the scale needed to fuel Korea’s startups and industries; expectations with respect to NVIDIA’s partnership with NAVER and Brookfield; expectations with respect to demand, growth, performance, availability, and benefits of NVIDIA’s products, services and technologies, and related trends and drivers; expectations with respect to technology developments, and related trends and drivers; projected market growth and trends; expectations with respect to AI and related industries; and other statements that are not historical facts are 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, which are subject to the “safe harbor” created by those sections based on management’s beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic and political conditions; NVIDIA’s reliance on third parties to manufacture, assemble, package and test NVIDIA’s products; the impact of technological development and competition; development of new products and technologies or enhancements to NVIDIA’s existing products and technologies; market acceptance of NVIDIA’s products or NVIDIA’s partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of NVIDIA’s products or technologies when integrated into systems; NVIDIA’s ability to realize the potential benefits of business investments or acquisitions; and changes in applicable laws and regulations, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

© 2026 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, DSX, DSX MaxLPS, DSX OS, NemoClaw, Nemotron, NVIDIA Cosmos are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/902d8eb8-8754-4f7c-9416-b401eaf128d3



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SK Group and NVIDIA Expand Strategic Partnership Across AI Factories and Next-Generation Memory

$500-Billion-Plus NVIDIA-SK AI Initiative Spans SK Telecom’s AI Factory of up to 2 Gigawatts and SK hynix’s Long-Term AI Memory Partnership

News Summary:

  • SK Group and NVIDIA expand strategic collaboration with a $500-billion-plus initiative spanning AI factories and next-generation memory.
  • SK Telecom to build 2-gigawatt NVIDIA Vera Rubin DSX AI Factory to serve global compute demand.
  • NVIDIA and SK hynix establish long-term partnership to secure and codevelop next-generation AI memory, including HBM.

SAN FRANCISCO, July 24, 2026 (GLOBE NEWSWIRE) — AI Summit — SK Group and NVIDIA today announced plans for a $500-billion-plus comprehensive partnership to establish AI infrastructure serving the surging demand for global compute. The two sides signed letters of intent to formalize the agreement, which spans from AI factory construction to AI memory supply.

NVIDIA Vera Rubin Infrastructure and DSX Platform Drive 2-Gigawatt Build

Today’s announcement builds on the decades-long technology partnership between SK Group and NVIDIA, including the recently announced plans for SK Telecom to build a 2-gigawatt-scale AI Cloud in Korea.

This cloud will use the NVIDIA® DSX™ platform and deploy NVIDIA Vera Rubin accelerated computing powered by SK hynix HBM4, with the first AI factory planned to come online in 2027.

It will be built on the NVIDIA DSX full-stack AI factory architecture, which integrates NVIDIA accelerated computing, systems, software and partner technologies to deliver the lowest token cost at maximum energy efficiency.

The two companies aim to accelerate large-scale AI infrastructure development, including sovereign, physical, agentic and enterprise AI services, and jointly address the increasing AI demand across the Asia-Pacific region, including South Korea.

Accelerating AI Infrastructure at Scale

The SK Telecom and NVIDIA collaboration accelerates the adoption of NVIDIA-powered AI infrastructure and broadens customer access to advanced cloud services. The partnership enables SK Telecom to invest in and expand large-scale AI infrastructure while making capital-intensive AI infrastructure available to a broader range of customers.

Advancing Next-Generation AI Memory

SK hynix is also entering into a long-term AI memory partnership with NVIDIA. As a follow-up measure to solidify their previous long-term technical partnership, this agreement allows NVIDIA to secure a stable supply of next-generation AI memory, while enabling SK hynix to expand the foundation for growth.

The two companies will codevelop and optimize next-generation AI memory solutions, including HBM, to meet evolving infrastructure demands ranging from large language model training to agentic AI and physical AI.

“In the AI era, competitiveness depends not just on how effectively AI is utilized, but on how much intelligence we can produce,” said SK Group Chairman Chey Tae-won. “By leveraging SK hynix’s AI memory and SK Telecom’s AI infrastructure capabilities, SK will collaborate with NVIDIA to build a world-class AI factory, helping Korea transcend its role as a leading adopter of AI and become a global hub that drives AI innovation.”

“South Korea has all the ingredients to become a global AI powerhouse — world-class networks and data centers, leadership in chip technology and vast industrial scale,” said Jensen Huang, founder and CEO of NVIDIA. “Together with SK Telecom and SK hynix, we are building a new generation of AI factories that will power Korea’s next wave of growth.”

About SK Group

SK Group, South Korea’s second-largest conglomerate, is a global technology and industrial leader that delivers innovations, products, and services across the Artificial Intelligence, semiconductors, energy, and life sciences ecosystems. Headquartered in Seoul, SK has a diverse portfolio of businesses and investments with over 175 affiliate companies and over 100,000 employees worldwide. http://eng.sk.com

About NVIDIA


NVIDIA
 (NASDAQ: NVDA) is the world leader in AI and accelerated computing.

For further information, contact:

Randa Hinton
Corporate Communications
NVIDIA Corporation
[email protected]  

SK Group PR
[email protected]

SK hynix PR
[email protected]

SK Telecom PR
[email protected]

SK hynix Forward-Looking Statements

This press release may contain forward-looking statements, which involve risks and uncertainties. These forward-looking statements concern and are based upon, among other things, SK hynix’s expectations regarding the realization of any potential advantages, benefits and the impact of, and opportunities created by, the above-described partnership. These statements are generally identified words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” and similar expressions, or the negative of such expressions. Forward-looking statements are not guarantees of future performance and are subject to inherent risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. SK hynix undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction. No part of this press release should form the basis of, or be relied upon in connection with, any contract, commitment, or investment decision.

NVIDIA Forward-Looking Statements

Certain statements in this press release including, but not limited to, statements as to: together with SK Telecom and SK hynix, NVIDIA helping accelerate Korea’s AI infrastructure — building world-class AI factories that turn compute into intelligence, productivity and growth; expectations with respect to growth, performance, availability, and benefits of NVIDIA’s products, services and technologies, and related trends and drivers; expectations with respect to NVIDIA’s partnership with third parties, including with SK Telecom; expectations with respect to technology developments, and related trends and drivers; projected market growth and trends; expectations with respect to AI and related industries; and other statements that are not historical facts are 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, which are subject to the “safe harbor” created by those sections based on management’s beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic and political conditions; NVIDIA’s reliance on third parties to manufacture, assemble, package and test NVIDIA’s products; the impact of technological development and competition; development of new products and technologies or enhancements to NVIDIA’s existing products and technologies; market acceptance of NVIDIA’s products or NVIDIA’s partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of NVIDIA’s products or technologies when integrated into systems; NVIDIA’s ability to realize the potential benefits of business investments or acquisitions; and changes in applicable laws and regulations, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

© 2026 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo and DSX are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6dd38aae-b2a8-4cdb-b5e2-4d0e39b49fdf



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Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against EquipmentShare.com Inc. (EQPT)

NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired EquipmentShare.com Inc. (“EquipmentShare” or the “Company”) (NASDAQ: EQPT) Class A common stock pursuant and/or traceable to the Company’s January, 2026 initial public offering (“IPO”); and/or (b) securities between January 23, 2026 and June 23, 2026, inclusive (the “Class Period”).

The Complaint alleges that Defendants failed to disclose to investors that: (1) the Company participated in additional undisclosed related party transactions; (2) the Company had not terminated or substantially reduce a number of the transactions with entities owned or controlled by the co-founders; (3) as a result, the Company’s financial statements were materially misleading; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Investors who purchased or otherwise acquired shares of EquipmentShare should contact the Firm prior to the September 21, 2026 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at [email protected] or [email protected].

Please visit our website at http://www.gme-law.com for more information about the firm.



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Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Cogent Communications Holdings, Inc. (CCOI)

NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Columbia on behalf of all persons or entities who purchased or otherwise acquired Cogent Communications Holdings, Inc. (“Cogent” or the “Company”) (NASDAQ: CCOI) securities between February 29, 2024 and May 1, 2026, inclusive (the “Class Period”).

The Complaint alleges that Defendants failed to disclose to investors that: (a) that the vast majority of the purported orders in Cogent’s optical wavelength “backlog” were unlikely to ever result in a paid order; (b) that large quantities of the customers in Cogent’s purported optical wavelength “backlog” were unable or unwilling to accept delivery even if Cogent was in a position to provision the wavelength in a timely manner; (c) that, as a result of (a)-(b) above, defendants had materially misrepresented customer demand for Cogent’s optical wavelength services and the nature of the Company’s purported “backlog” of wavelength orders; (d) that, as a result of (a)-(c) above, Cogent was not on track to achieve its revenue and margin targets and such targets lacked a reasonable basis in objective fact; (e) that Cogent did not have the financial capacity or business fundamentals to maintain its long-standing dividend policy; and (f) that there was a material, undisclosed risk that defendant Schaeffer would be forced to sell vast quantities of Cogent stock as a result of his high-risk pledging activities, thereby further depressing the price of Cogent stock in the event the truth regarding Cogent’s “backlog,” demand issues, and financial position were ever revealed.

Investors who purchased or otherwise acquired shares of Cogent should contact the Firm prior to the September 21, 2026 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at [email protected] or [email protected].

Please visit our website at http://www.gme-law.com for more information about the firm.



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Hertz Investor Alert: Schall, Brown & Schwartz LLP Files Class Action Lawsuit Against Hertz Global Holdings, Inc. and Announces Opportunity for Investors to Lead Class Action Lawsuit

Hertz Investor Alert: Schall, Brown & Schwartz LLP Files Class Action Lawsuit Against Hertz Global Holdings, Inc. and Announces Opportunity for Investors to Lead Class Action Lawsuit

LOS ANGELES–(BUSINESS WIRE)–Schall, Brown & Schwartz LLP, a national shareholder rights litigation firm, announces that it has filed a federal securities class action on behalf of purchasers of Hertz Global Holdings, Inc. (NASDAQ: HTZ) common stock between May 7, 2026 and June 23, 2026, inclusive (the “Class Period”). Hertz investors have until September 22, 2026 to seek appointment as lead plaintiff of the purported class in the Hertz class action lawsuit. The complaint in Cameron Schweitzer v. Hertz Global Holdings, Inc. et al., No. 2:26-cv-02242 (M.D. Fla.) charges Hertz and certain of Hertz’s top executive officers with violations of the Securities Exchange Act of 1934.

If you purchased Hertz Global Holdings, Inc. securities you may be entitled to compensation without payment of any out-of-pocket fees or costs. Shareholders who purchased shares of HTZ during the Class Period are encouraged to contact SBS to find out if they are eligible to recover their losses or move the court to serve as lead plaintiff of the purported class and lead this lawsuit. Appointment as lead plaintiff is not required to partake in any recovery. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

CLASS PERIOD: May 7, 2026 to June 23, 2026

DEADLINE: September 22, 2026

If you are a shareholder who suffered a loss, click here to participate.

Details of the Case: Hertz is one of the largest vehicle rental companies in the world, renting cars and light trucks under the Hertz, Dollar, Thrifty, and Firefly brands at more than 11,000 locations in roughly 160 countries. The economics of the business turn on the fleet: Hertz buys hundreds of thousands of vehicles, finances most of them through asset-backed securitizations, and depends on reselling them into the used-car market at prices that hold up. Residual values and depreciation per unit are therefore central to whether the Company is profitable. After emerging from bankruptcy in 2021 and taking large write-downs on an ill-timed bet on electric vehicles, management launched a “Back-to-Basics” turnaround built around fleet discipline and cost control.

The Class Period begins on May 7, 2026, when Hertz announced its first quarter 2026 results, touting its “Strongest Revenue Growth in Three Years,” a 13% year-over-year improvement in Net Depreciation per Unit per Month to $312, and approximately $837 million of liquidity supplemented by roughly $200 million from an April financing. On that day’s earnings call, Hertz’s Chief Financial Officer told investors that the Company expected to end the second quarter with just under $1 billion of liquidity and to end the year “north of $1.5 billion.” The following day, Hertz filed its Form 10-Q, which stated that the Company’s cash, liquidity facilities, and refinancing options would be sufficient to fund its operating activities and obligations for the next twelve months and for the foreseeable future thereafter.

According to the complaint, those statements were materially false and misleading because: (i) Hertz’s liquidity was deteriorating far more rapidly than represented, and the Company’s available liquidity was not sufficient to fund its operations and obligations for the next twelve months without resorting to a distressed, dilutive financing; (ii) the softness in the used-car market that defendants had characterized as isolated to the quarter and transitory had in fact recurred and was materially depressing the Company’s net depreciation per unit and Adjusted Corporate EBITDA; and (iii) as a result, Hertz was likely to undertake a dilutive, distressed capital raise that would materially harm existing shareholders.

On June 24, 2026, before the market opened — just weeks after assuring investors that its liquidity would carry the Company for at least twelve months — Hertz announced that a wholly owned indirect subsidiary intended to offer $300 million of Exchangeable Senior First-Lien Secured PIK Notes due 2030, together with a concurrent share-lending offering of more than 37 million shares of common stock from which the Company would receive no proceeds. Hertz simultaneously disclosed that “unexpected softness in the used car market” had caused losses on the sale of vehicles in May 2026 and would drive second quarter Adjusted Corporate EBITDA down to a range of just $50 million to $80 million. On this news, the price of Hertz common stock declined more than 40%, closing at $3.00 per share on June 24, 2026. The next day, the offering priced on still more dilutive terms — upsized to $350 million (up to $400 million) at a 6.75% coupon, with an exchange price of approximately $3.58 per share, and with the borrowed common stock sold to the public at just $2.70 per share.

We encourage investors to contact Brian Schall, David Schwartz, and Adam Rosen of Schall, Brown & Schwartz LLP 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The class in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

Join the case to recover your losses

Why SBS: Schall, Brown & Schwartz LLP represents investors around the world, specializing in securities class action lawsuits and shareholder rights litigation. SBS brings together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz. SBS attorneys are responsible for recovering over a billion dollars for violations of securities laws and corporate misfeasance.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
David Schwartz, Esq.,
Adam Rosen, Esq.
www.schallfirm.com
Office: 310-301-3335
[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal

MEDIA:

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Oportun Named to the CNBC World’s Top Fintech Companies 2026 List for Third Consecutive Year

SAN MATEO, Calif., July 24, 2026 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced that it has been named to CNBC’s World’s Top Fintech Companies 2026 list for the third year in a row.  Oportun was recognized in the Wealth Technology category, which honors companies using technology to help people manage their money and improve their financial well-being. This recognition reflects its intelligent borrowing, savings, and budgeting tools that enable its members to build a better financial future.

“Being honored by CNBC for the third consecutive year is a powerful validation of our mission and companywide commitment to building financial tools that make a meaningful difference in people’s lives,” said Doug Bland, CEO of Oportun. “We’re proud to be part of this list and will continue to invest in the people and solutions that will help more members build confidence, strengthen their financial health, and achieve their goals.”

The annual CNBC and Statista ranking evaluated more than 2,000 eligible fintech companies worldwide using publicly available sources, such as annual reports, media monitoring, and company websites.

For more information about Oportun, visit https://oportun.com.

About Oportun

Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members’ financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $22.3 billion in responsible and affordable credit, saved its members more than $2.5 billion in interest and fees, and helped its members save an average of more than $1,800 annually. For more information, visit Oportun.com.



Contacts

Investor Contact
Dorian Hare
(650) 590-4323
[email protected]

Media Contact
Michael Azzano
Cosmo PR for Oportun
(415) 596-1978
[email protected]

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Swarmer Promotes Garrett Kasper to CCO, Realigns Duties Among Executives

AUSTIN, Texas, July 24, 2026 (GLOBE NEWSWIRE) — Swarmer, Inc (Nasdaq: SWMR) (“Swarmer” or the “Company”), a drone autonomy software company whose technology has supported more than 100,000 real-world combat missions in Ukraine since April 2024, today announced a promotion and realignment of duties among its executive leadership team.

Garrett Kasper Promoted to Chief Communications Officer

Swarmer promoted Garrett Kasper to Chief Communications Officer in recognition of his contributions since joining Swarmer as vice president of communications & marketing in December 2025. Kasper brings 30 years of communications leadership across the defense, aerospace, intelligence, cybersecurity, transportation, biotechnology, and health care industries. Prior to joining Swarmer, he managed external communications and media relations for several programs at L3Harris Technologies, including the VAMPIRE Counter-UAS system, which has been used extensively in Ukraine. In his new position, Kasper will continue to lead Swarmer’s global marketing, branding, and corporate communications strategy as the Company scales.

“Garrett has done phenomenal work with top names in both the defense industry and the military, and has been an instrumental leader at Swarmer,” said Alexander Fink, Chief Executive Officer (U.S.) and President of Swarmer. “Within a short period of time, he has demonstrated the ability to communicate effectively under pressure, making him the ideal leader to spearhead our communications and marketing strategy as we grow.”

Kasper’s career began in 1996 as a Public Affairs Officer for the U.S. Navy where he personally conducted more than 500 media embarkations during kinetic operations in Kosovo, Afghanistan, and Iraq, served as the spokesperson for a nuclear-powered aircraft carrier, and was selected to be a member of the Navy’s flight demonstration squadron, the Blue Angels. As a reservist, he served as a strategic public affairs advisor to senior leaders at U.S. Southern Command and U.S. Transportation Command, and he deployed for a year to Cuba as Director of the Joint Information Bureau for Joint Task Force Guantanamo in 2020. He retired from the Navy Reserve on June 1, 2026, as a highly decorated captain.

Serhii Kupriienko to Lead New Innovation Unit, Swarmer Labs

Serhii Kupriienko will continue as Chief Executive Officer (Global), with his focus shifting to defining and executing the Company’s long-term technology and innovation strategy. Kupriienko will now lead Swarmer Labs, the Company’s newly created advanced research and innovation division. Under his leadership, Swarmer Labs will accelerate the development of next-generation artificial intelligence and autonomous technologies designed for the modern battlefield.

“It is critical that we balance short-term delivery with long-term innovation,” said Phillip Wagenheim, Vice Chairman of Swarmer’s board of directors. “We look forward to Serhii’s driven approach to cutting-edge research in AI and advanced autonomy to define Swarmer’s roadmap for the years ahead.”

Alexander Fink’s Oversight Expands to Include HR, Finance, and Operations

In connection with the management realignment, Fink’s responsibilities have been expanded to include oversight of the Company’s human resources, finance, and operations in addition to his existing responsibilities as Chief Executive Officer (U.S.) and President. Fink will now report directly to Swarmer’s board of directors.

About Swarmer

Swarmer™ is a defense technology company that specializes in vendor-agnostic software which allows one operator to intuitively control hundreds of autonomous platforms in real time. Swarmer’s primary mission areas include autonomous swarm coordination, integration of multi-domain unmanned systems and AI-powered autonomy software for distributed operations. Swarmer is not a drone manufacturer and does not depend on any single platform, supplier or hardware lifecycle. Instead, Swarmer operates at the intelligence layer, developing autonomy, coordination and decision-making software that enables large numbers of low-cost unmanned systems to operate collectively as one coherent, resilient force. Swarmer’s technology has been rigorously validated in real-world kinetic environments and was first deployed in combat operations in Ukraine in April 2024. Since then, it has completed more than 100,000 combat missions, generating terabytes of proprietary data that informs its machine-learning models and enables the replication of advanced pilot performance at scale. Swarmer’s routine use in combat missions generates continuous streams of telemetry, sensor data and operational feedback which are then used to refine performance, increase resilience and accelerate learning. Swarmer has headquarters in Austin, Texas, and maintains operations and teams in Ukraine, Poland and Estonia.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws, including 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 all statements other than statements of historical fact, including, without limitation, statements regarding the Company’s expected growth and its plans to scale its global organization, including the expansion and realignment of its leadership team and its product, engineering, integration, and field operations functions and the anticipated benefits of the changes described in this release; the expected contributions of Swarmer Labs and its planned artificial intelligence and next-generation autonomy research; and the Company’s ability to execute on its business objectives. Words such as “will,” “expect,” “plan,” “anticipate,” “believe,” “intend,” “continue,” “confident,” “positioning,” “scale,” “in the years ahead,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.

These forward-looking statements are based on current expectations, assumptions, and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, among others: the Company’s ability to attract, retain, integrate, and effectively transition members of its senior leadership team, and the risk that the leadership realignment described in this release does not produce the anticipated benefits; the Company’s ability to develop its autonomy software; the Company’s ability to manage growth; and the other risks and uncertainties described from time to time in Swarmer’s filings with the Securities and Exchange Commission, including its most recent registration statement on Form S-1, Quarterly Report on Form 10-Q and Current Reports on Form 8-K.

Forward-looking statements speak only as of the date of this press release. Swarmer undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.

Contacts:
Investor Relations: [email protected]
Media Relations: [email protected]