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November 3, 2025 4:43 am

Launching Today: Infosys Topaz Fabric™ – Composable Stack of AI Agents, Services and Models to Accelerate Value from Enterprise AI Investments

PR Newswire

BENGALURU, India, Nov. 3, 2025 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of Infosys Topaz Fabric. This is a stack of layered, composable, open and interoperable data infrastructure, models, agents, flows, and AI apps that help unify and accelerate IT service delivery across the enterprise landscape. Infosys Topaz Fabric makes it simple for enterprises to access services-as-software – both integrated and modular – through a comprehensive one-shop. It unlocks enterprise value by reimagining IT processes, building on existing IT investments, and bringing together AI-led capabilities out-of-the-box while avoiding vendor lock-ins.

The enterprise services delivered through Infosys Topaz Fabric include IT operations, transformation services, quality engineering services, and cybersecurity services. It also brings 50+ agents that are purpose-built for IT operations with out-of-the-box integration with 9 enterprise platforms.

Infosys forward deployed engineers, in collaboration with the enterprise business teams, ensure that Infosys Topaz Fabric is contextualized to the enterprise’s specific landscape, and delivers high quality IT services with exponential speed and accuracy.

The services are delivered with AI agents operating with humans in the loop. AI agents execute end-to-end workflows with human in/off loop, eliminate, or automate tasks, and augment humans in performing tasks. For example, the Infosys AI HR agent can process an employee query regarding business travel, over chat or email, and additionally generate the corresponding travel request. Human workers supervise, train and continuously contextualize the out-of-the-box AI agents to ensure accuracy, governance, and ethical alignment.

Satish H.C., Chief Delivery Officer, Infosys, said, “Infosys Topaz Fabric brings to our clients the resilience that comes from combining the transformative powers of artificial intelligence with human creativity to supercharge service delivery across the enterprise landscape, while building on their existing investments. This approach lets them reimagine their services stack to become the powerful engine that can accelerate to match the pace of business and deliver for them the competitive advantage that they need.”

Laxmi Srinivas Samayamantri, Vice President, Global Engineering, Data & Architecture
, Nu Skin, said, “We are collaborating with Infosys to enrich beauty and wellness commerce IT operations through the power of Agentic AI. Together, we are expanding this further with Infosys Topaz Fabric by enabling Agent Assist features, which we anticipate will increase automation for application and infrastructure support, enhance resilience, and elevate the user experience.”

To know more about Infosys Topaz Fabric, please watch this video.

Infosys Topaz Fabric, amplified with cutting edge AI through collaborations with AI solution providers and AI native startups from the Infosys partner ecosystem, is designed to accelerate value realization from enterprise AI transformation programs.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 320,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. We enable clients in 59 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence (“AI”), generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2025. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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SOURCE Infosys

October 30, 2025 6:11 am

Dorian LPG Ltd. Announces Second Quarter 2026 Earnings and Conference Call Date

Dorian LPG Ltd. Announces Second Quarter 2026 Earnings and Conference Call Date

STAMFORD, Conn.–(BUSINESS WIRE)–
Dorian LPG Ltd. (NYSE: LPG) (the “Company” or “Dorian LPG”), a leading owner and operator of modern and ECO very large gas carriers (“VLGCs”), will issue a news release on Thursday, November 6, 2025 prior to the market open, announcing its financial results for the second quarter ended September 30, 2025.

Based on investor feedback, we will not be providing pre-release numbers.

Earnings Conference Call

A conference call to discuss the results will be held the same day at 10:00 a.m. ET. The conference call can be accessed live by dialing 1-833-316-1983, or for international callers, 1-785-838-9310, and requesting to be joined into the Dorian LPG call.

A live webcast of the conference call will also be available under the investor section at www.dorianlpg.com.

A replay will be available at 1:00 p.m. ET the same day and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. The passcode for the replay is 11160261. The replay will be available until November 13, 2025, at 11:59 p.m. ET.

About Dorian LPG Ltd.

Dorian LPG is a leading owner and operator of modern Very Large Gas Carriers (“VLGCs”) that transport liquefied petroleum gas globally. Our current fleet of twenty-seven modern VLGCs includes twenty ECO VLGCs, five dual-fuel ECO VLGCs, and two modern VLGCs.

Visit our website at www.dorianlpg.com. Information on the Company’s website does not constitute a part of and is not incorporated by reference into this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251030798599/en/

Ted Young

Chief Financial Officer

+1 (203) 674-9900

[email protected]

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Oil/Gas Energy Maritime Logistics/Supply Chain Management Transport

MEDIA:

October 30, 2025 6:11 am

Perimeter Solutions Reports Third Quarter 2025 Financial Results

Third quarter Net Loss of $90.7M and Adjusted Net Income of $125.5M

Continued value driver execution drove third quarter Adjusted EBITDA of $186.3M

Third quarter Loss Per Diluted Share of $0.62 and Adjusted Earnings Per Diluted Share of $0.82

IMS add-on product lines acquired

CLAYTON, Mo., Oct. 30, 2025 (GLOBE NEWSWIRE) — Perimeter Solutions, Inc. (NYSE: PRM) (“Perimeter,” “Perimeter Solutions,” or the “Company”), a leading global solutions provider for the Fire Safety and Specialty Products industries, today reported financial results for its third quarter ended September 30, 2025.

Third
Quarter
2025
Results

Net sales increased 9% to $315.4 million in the third quarter, as compared to $288.4 million in the prior-year quarter.
- Fire Safety net sales increased 9% to $273.4 million, as compared to $251.8 million in the prior year quarter.
- Specialty Products net sales increased 15% to $42.0 million, as compared to $36.6 million in the prior year quarter.
Net loss during the third quarter was $90.7 million, or $0.62 loss per diluted share, as compared to net loss of $89.2 million, or $0.61 loss per diluted share in the prior year quarter.
Third quarter non-GAAP adjusted earnings per diluted share was $0.82, as compared to non-GAAP adjusted earnings per diluted share of $0.75 in the prior year quarter.
Adjusted EBITDA increased 9% to $186.3 million in the third quarter, as compared to $170.4 million in the prior year quarter.
- Fire Safety Segment Adjusted EBITDA increased 13% to $177.2 million, as compared to $157.5 million in the prior year quarter.
- Specialty Products Segment Adjusted EBITDA decreased 29% to $9.1 million, as compared to $12.9 million in the prior year quarter.
Reconciliation tables for non-GAAP measures are available in the attached schedules.

Year-to Date
2025
Results

Net sales increased 16% to $550.1 million during the year-to-date period, as compared to $474.7 million in the prior year period.
- Fire Safety net sales increased 15% to $430.8 million, as compared to $375.5 million in the prior year period.
- Specialty Products net sales increased 20% to $119.3 million, as compared to $99.2 million in the prior year period.
Net loss during the year-to-date period was $66.1 million, or $0.45 loss per diluted share, as compared to a net loss of $150.1 million, or $1.03 loss per diluted share in the prior year period.
Non-GAAP adjusted earnings per share during the year-to-date period was $1.24, as compared to non-GAAP adjusted earnings per share of $0.99 in the prior year period.
Adjusted EBITDA increased 20% to $295.7 million in the year-to-date period, as compared to $247.4 million in the prior year period.
- Fire Safety Segment Adjusted EBITDA increased 24% to $265.0 million, as compared to $212.9 million in the prior year period.
- Specialty Products Segment Adjusted EBITDA decreased 11% to $30.8 million as compared to $34.5 million in the prior year period.
Reconciliation tables for non-GAAP measures are available in the attached schedules.

Capital Allocation

On September 12, 2025, Perimeter’s Specialty Products segment acquired substantially all of the assets and technical data rights of certain product lines from a third party for a total purchase price of $12.0 million, incorporating the product lines into our IMS strategy.
The Company invested $5.0 million in capital expenditures during the quarter ended September 30, 2025.

Conference Call and Webcast

As previously announced, Perimeter Solutions management will hold a conference call at 8:30 a.m. ET on Thursday, October 30, 2025 to discuss financial results for the third quarter 2025. The conference call can be accessed by dialing (877) 407-9764 (toll-free) or (201) 689-8551 (toll).

The conference call will also be webcast simultaneously on Perimeter’s website (https://ir.perimeter-solutions.com), accessed under the Investor Relations page. The webcast link will be made available on the Company’s website prior to the start of the call; go to the investor relations page of our website to the News & Events menu and click on “Events & Presentations.”

A slide presentation will also be available for reference during the conference call; go to the investor relations page of our website to the News & Events menu and click on “Events & Presentations.”

Following the live webcast, a replay will be available on the Company’s website. A telephonic replay will also be available approximately three hours after the call and can be accessed by dialing (877) 660-6853 (toll-free) or (201) 612-7415 (toll) and using Access ID “13754059”. The telephonic replay will be available until November 29, 2025 (11:59 p.m. ET).

About Perimeter Solutions

Perimeter Solutions is a leading global solutions provider for the Fire Safety and Specialty Products industries. The Company’s business is organized and managed in two reporting segments: Fire Safety and Specialty Products.

The Fire Safety segment is a formulator and manufacturer of fire management products that help our customers combat various types of fires, including wildland, structural, flammable liquids and other types of fires. Our Fire Safety segment also offers specialized equipment and services, typically in conjunction with our fire management products to support our customers’ firefighting operations. Our specialized equipment includes airbase retardant storage, mixing, and delivery equipment; mobile retardant bases; retardant ground application units; mobile foam equipment; and equipment that we custom design and manufacture to meet specific customer needs. Our service network can meet the emergency resupply needs of approximately 150 air tanker bases in North America, as well as many other customer locations globally. The segment is built on the premise of superior technology, exceptional responsiveness to our customers’ needs, and a “never-fail” service network. The segment sells products to government agencies and commercial customers around the world.

The Specialty Products segment includes operations that develop, produce and market products for non-fire safety markets. The Company’s largest end market application for our Specialty Products segment is Phosphorus Pentasulfide (“P₂S₅”) based lubricant additives. P₂S₅ is also used in pesticide and mining chemicals applications and emerging electric battery technologies. The Specialty Products segment also includes Intelligent Manufacturing Solutions (“IMS”), which is a manufacturer of electronic or electro-mechanical components of larger solutions. IMS has a flexible, vertically integrated production facility centered on its printed circuit board (“PCB”) line that allows it to acquire and produce a variety of product lines across a range of end markets, including large medical systems, communications infrastructure, energy infrastructure, defense systems, and industrial systems, with a substantial focus on aftermarket repair and replacement.

Forward-looking Information

This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will,” and similar references to future periods.

Any such forward-looking statements are not guarantees of performance or results, and involve risks, uncertainties (some of which are beyond the Company’s control) and assumptions. Although Perimeter believes any forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect the Company’s actual financial results and cause them to differ materially from those anticipated in any forward-looking statements, including the risk factors described from time to time by us in our filings with the Securities and Exchange Commission (“SEC”), including, but not limited to, the Company’s Annual Report on Form 10-K for the year ended December 31, 2024. Stockholders, potential investors and other readers should consider these factors carefully in evaluating the forward-looking statements.

Any forward-looking statement made by Perimeter in this press release speaks only as of the date on which it is made. Perimeter undertakes no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

SOURCE: Perimeter Solutions, Inc.

PERIMETER SOLUTIONS, INC. AND SUBSIDIARIES Condensed Consolidated Statements of Operations and Comprehensive Loss (in thousands, except share and per share data) (Unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
		2025			2024			2025			2024
Net sales	$	315,443		$	288,417		$	550,112		$	474,737
Cost of goods sold		116,334			107,195			221,354			199,546
Gross profit		199,109			181,222			328,758			275,191
Operating expenses:
Selling, general and administrative expense		23,477			18,520			55,743			45,888
Amortization expense		15,199			13,765			43,902			41,291
Founders advisory fees – related party		247,684			184,176			263,954			253,097
Other operating expense		96			—			925			—
Total operating expenses		286,456			216,461			364,524			340,276
Operating loss		(87,347	)		(35,239	)		(35,766	)		(65,085	)
Other expense (income):
Interest expense, net		9,870			10,054			29,444			31,292
Foreign currency loss (gain)		6			(1,354	)		(3,249	)		163
Other (income) expense, net		(73	)		151			(142	)		252
Total other expense, net		9,803			8,851			26,053			31,707
Loss before income taxes		(97,150	)		(44,090	)		(61,819	)		(96,792	)
Income tax benefit (expense)		6,490			(45,077	)		(4,316	)		(53,283	)
Net loss		(90,660	)		(89,167	)		(66,135	)		(150,075	)
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments		(2,327	)		10,637			29,678			4,105
Total comprehensive loss	$	(92,987	)	$	(78,530	)	$	(36,457	)	$	(145,970	)
(Loss) earnings per share:
Basic	$	(0.62	)	$	(0.61	)	$	(0.45	)	$	(1.03	)
Diluted	$	(0.62	)	$	(0.61	)	$	(0.45	)	$	(1.03	)
Weighted average number of shares outstanding:
Basic		146,803,539			145,222,189			147,923,437			145,247,477
Diluted		146,803,539			145,222,189			147,923,437			145,247,477

PERIMETER SOLUTIONS, INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets (in thousands, except share data)

	September 30, 2025			December 31, 2024
ASSETS	(Unaudited)
Current assets:
Cash and cash equivalents	$	340,647		$	198,456
Accounts receivable, net		106,688			56,048
Inventories		130,139			116,347
Prepaid expenses and other current assets		6,680			23,173
Total current assets		584,154			394,024
Property, plant and equipment, net		81,554			64,777
Operating lease right-of-use assets		31,281			17,298
Finance lease right-of-use assets		5,929			6,173
Goodwill		1,053,778			1,034,543
Customer lists, net		620,636			637,745
Technology and patents, net		183,112			173,307
Tradenames, net		84,466			87,365
Other assets, net		529			1,162
Total assets	$	2,645,439		$	2,416,394
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	30,542		$	23,519
Accrued expenses and other current liabilities		71,875			30,450
Founders advisory fees payable – related party		151,582			6,677
Deferred revenue		9,647			1,842
Total current liabilities		263,646			62,488
Long-term debt, net		668,778			667,774
Operating lease liabilities, net of current portion		28,824			15,540
Finance lease liabilities, net of current portion		5,831			6,013
Deferred income taxes		95,750			152,203
Founders advisory fees payable – related party		352,455			240,083
Preferred stock		113,416			109,966
Preferred stock – related party		2,681			2,831
Other non-current liabilities		2,710			2,226
Total liabilities		1,534,091			1,259,124
Commitments and contingencies
Stockholders’ equity:
Common stock, $0.0001 par value per share, 4,000,000,000 shares authorized; 173,301,872 and 169,426,114 shares issued; 147,923,716 and 147,822,633 shares outstanding at September 30, 2025 and December 31, 2024, respectively		17			17
Treasury stock, at cost; 25,378,156 and 21,603,481 shares at September 30, 2025 and December 31, 2024, respectively		(168,197	)		(127,827	)
Additional paid-in capital		1,941,940			1,911,035
Accumulated other comprehensive loss		(9,554	)		(39,232	)
Accumulated deficit		(652,858	)		(586,723	)
Total stockholders’ equity		1,111,348			1,157,270
Total liabilities and stockholders’ equity	$	2,645,439		$	2,416,394

PERIMETER SOLUTIONS, INC. AND SUBSIDIARIES Condensed Consolidated Statements of Cash Flows (in thousands) (Unaudited)

	Nine Months Ended September 30,
		2025			2024
Cash flows from operating activities:
Net loss	$	(66,135	)	$	(150,075	)
Adjustments to reconcile net loss to net cash provided by operating activities:
Founders advisory fees – related party (change in fair value)		263,954			253,097
Depreciation and amortization expense		53,610			49,215
Interest and payment-in-kind on preferred stock		5,499			5,292
Stock-based compensation		11,428			8,048
Non-cash lease expense		4,841			3,875
Deferred income taxes		(58,172	)		663
Amortization of deferred financing costs		1,342			1,291
Foreign currency (gain) loss		(3,249	)		163
Loss on disposal of assets		10			13
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable		(48,962	)		(57,880	)
Inventories		316			37,373
Prepaid expenses and current other assets		5,460			1,571
Accounts payable		6,639			1,375
Deferred revenue		7,805			8,792
Income taxes payable, net		33,049			21,510
Accrued expenses and other current liabilities		13,136			16,151
Founders advisory fees – related party (cash settled)		(6,677	)		(2,702	)
Operating lease liabilities		(3,363	)		(2,426	)
Finance lease liabilities		(367	)		(374	)
Other, net		(615	)		(597	)
Net cash provided by operating activities		219,549			194,375
Cash flows from investing activities:
Purchase of property and equipment		(22,599	)		(9,071	)
Purchase of intangible assets		(15,226	)		—
Proceeds from short-term investments		—			5,383
Purchase of businesses, net of cash acquired		(22,000	)		—
Net cash used in investing activities		(59,825	)		(3,688	)
Cash flows from financing activities:
Common stock repurchased		(40,370	)		—
Ordinary shares repurchased		—			(14,420	)
Proceeds from exercises of options		19,477			—
Principal payments on finance lease obligations		(689	)		(544	)
Net cash used in financing activities		(21,582	)		(14,964	)
Effect of foreign currency on cash and cash equivalents		4,049			54
Net change in cash and cash equivalents		142,191			175,777
Cash and cash equivalents, beginning of period		198,456			47,276
Cash and cash equivalents, end of period	$	340,647		$	223,053
Supplemental disclosures of cash flow information:
Cash paid for interest	$	19,870		$	20,286
Cash paid for income taxes	$	28,237		$	31,414

Non-GAAP Financial Metrics

The Company provides non-GAAP financial measures for Adjusted EBITDA, Adjusted Net Income, and Adjusted Earnings Per Share data as supplemental information regarding the Company’s business performance. The Company believes that these non-GAAP financial measures are useful to investors because they provide investors with a better understanding of the Company’s past financial performance and future results. The Company’s management uses these non-GAAP financial measures when it internally evaluates the performance of its business and makes operating decisions, including internal operating budgeting, performance measurement, and discretionary compensation.

Adjusted EBITDA

Adjusted EBITDA is defined as (loss) income before income taxes plus net interest and other financing expenses, and depreciation and amortization, adjusted on a consistent basis for certain non-recurring, unusual or non-operational items. These items include (i) restructuring, (ii) acquisition related costs, (iii) founder advisory fee expenses, (iv) stock-based compensation expense and (v) foreign currency loss (gain). To supplement the Company’s condensed consolidated financial statements presented in accordance with U.S. GAAP, Perimeter is providing a summary to show the computations of Adjusted EBITDA, which is a non-GAAP measure used by the Company’s management and by external users of Perimeter’s financial statements, such as debt and equity investors, commercial banks and others, to assess the Company’s operating performance as compared to that of other companies, without regard to financing methods, capital structure or historical cost basis. Adjusted EBITDA should not be considered an alternative to net (loss) income, operating (loss) income, cash flows provided by operating activities or any other measure of financial performance or liquidity presented in accordance with U.S. GAAP (in thousands).

(Unaudited)	Three Months Ended September 30, 2025									Three Months Ended September 30, 2024
	Fire Safety			Specialty Products			Total			Fire Safety			Specialty Products			Total
Loss before income taxes	$	(62,022	)	$	(35,128	)	$	(97,150	)	$	(27,398	)	$	(16,692	)	$	(44,090	)
Depreciation and amortization		14,433			4,360			18,793			12,819			3,625			16,444
Interest and financing expense		5,956			3,914			9,870			9,848			206			10,054
Founders advisory fees – related party		213,008			34,676			247,684			158,391			25,785			184,176
Non-recurring expenses ⁽¹⁾		557			5			562			1,427			407			1,834
Acquisition costs		2			31			33			—			—			—
Stock-based compensation expense		5,234			1,285			6,519			2,297			1,015			3,312
Foreign currency loss (gain)		42			(36	)		6			95			(1,449	)		(1,354	)
Adjusted EBITDA	$	177,210		$	9,107		$	186,317		$	157,479		$	12,897		$	170,376

^{(1) For the three months ended September 30, 2025, $0.6 million was related to restructuring and other non-recurring costs. For the three months ended September 30, 2024, $1.7 million was related to the redomiciliation of the Company from Luxembourg to Delaware (the “Redomiciliation Transaction”) and other non-recurring Luxembourg related costs, and $0.1 million was related to other non-recurring costs.}

(Unaudited)	Nine Months Ended September 30, 2025									Nine Months Ended September 30, 2024
	Fire Safety			Specialty Products			Total			Fire Safety			Specialty Products			Total
Loss before income taxes	$	(30,212	)	$	(31,607	)	$	(61,819	)	$	(81,432	)	$	(15,360	)	$	(96,792	)
Depreciation and amortization		40,818			12,792			53,610			38,507			10,708			49,215
Interest and financing expense		18,090			11,354			29,444			29,860			1,432			31,292
Founders advisory fees – related party		227,000			36,954			263,954			217,663			35,434			253,097
Non-recurring expenses ⁽¹⁾		818			690			1,508			1,816			581			2,397
Acquisition costs		98			764			862			—			—			—
Stock-based compensation expense		8,817			2,611			11,428			5,813			2,235			8,048
Foreign currency (gain) loss		(475	)		(2,774	)		(3,249	)		650			(487	)		163
Adjusted EBITDA	$	264,954		$	30,784		$	295,738		$	212,877		$	34,543		$	247,420

^{(1) For the nine months ended September 30, 2025, $0.4 million was related to the Redomiciliation Transaction and $1.1 million was related to restructuring and other non-recurring costs. For the nine months ended September 30, 2024, $2.2 million was related to the Redomiciliation Transaction and other non-recurring Luxembourg related costs, and $0.2 million was related to other non-recurring costs.}

Adjusted Net Income and Adjusted Earnings Per Share

The computation of Adjusted Earnings Per Share (“Adjusted EPS”) is defined as Adjusted Net Income divided by adjusted diluted shares. Adjusted Net Income is defined as net (loss) income plus amortization, certain non-recurring, unusual or non-operational items, and the tax impact of these non-GAAP adjustments. These adjustments include (i) restructuring, (ii) acquisition related costs, (iii) founder advisory fee expenses, (iv) stock-based compensation expense and (v) foreign currency loss (gain). Adjusted diluted shares is the weighted average diluted shares outstanding, adjusted by adding dilution for options and warrants excluded under U.S. GAAP due to a net loss, less dilution related to founders advisory fees. To supplement the Company’s condensed consolidated financial statements presented in accordance with U.S. GAAP, Perimeter is providing a summary to show the computations of Adjusted Net Income and Adjusted EPS, which are non-GAAP measures used by the Company’s management and by external users of Perimeter’s financial statements, such as debt and equity investors, commercial banks and others, to assess the Company’s operating performance as compared to that of other companies, without regard to financing methods, capital structure or historical cost basis. Adjusted EPS and Adjusted Net Income should not be considered alternatives to GAAP (loss) earnings per share (“GAAP EPS”), net (loss) income, operating (loss) income, cash flows provided by operating activities or any other measure of financial performance or liquidity presented in accordance with U.S. GAAP (in thousands, except share and per share data).

(Unaudited)		Three Months Ended September 30,
			2025			2024
GAAP net loss		$	(90,660	)	$	(89,167	)
	Adjustments:
	Amortization		15,199			13,765
	Founders advisory fees – related party		247,684			184,176
	Non-recurring expenses ⁽¹⁾		562			1,834
	Acquisition costs		33			—
	Stock-based compensation expense		6,519			3,312
	Foreign currency loss (gain)		6			(1,354	)
	Tax impact of non-GAAP adjustments ⁽²⁾		(53,796	)		(1,947	)
Adjusted Net Income		$	125,547		$	110,619

Shares used in computing GAAP Earnings Per Share (diluted)			146,803,539			145,222,189
	Options ⁽³⁾		6,856,989			1,540,658
	Shares underlying Founders fixed advisory fees ⁽⁴⁾		—			—
	Shares underlying Founders variable advisory fees ⁽⁵⁾		—			—
Shares used in computing Adjusted Earnings Per Share (diluted)			153,660,528			146,762,847

GAAP (Loss) Earnings Per Share (diluted)		$	(0.62	)	$	(0.61	)
Adjusted Earnings Per Share (diluted)		$	0.82		$	0.75
____________________

⁽¹⁾	^{For the three months ended September 30, 2025, $0.6 million was related to restructuring and other non-recurring costs. For the three months ended September 30, 2024, $1.7 million was related to the Redomiciliation Transaction and other non-recurring Luxembourg related costs, and $0.1 million was related to other non-recurring costs.}
⁽²⁾	^{The tax impact of non-GAAP adjustments reflects the total income tax expense commensurate with the non-GAAP measure of profitability.}
⁽³⁾	^{The Company adds back the dilutive impact of options if amounts were excluded for purposes of GAAP EPS due to a GAAP net loss during the period.}
⁽⁴⁾	^{As of September 30, 2025, a maximum of 2.4 million shares were issuable within 12 months under the Founders fixed advisory fee.}
⁽⁵⁾	^{Based on period end market prices as of September 30, 2025, a maximum of 10.7 million shares were issuable within 12 months under the Founders variable advisory fee.}

(Unaudited)		Nine Months Ended September 30,
			2025			2024
GAAP net loss		$	(66,135	)	$	(150,075	)
	Adjustments:
	Amortization		43,902			41,291
	Founders advisory fees – related party		263,954			253,097
	Non-recurring expenses ⁽¹⁾		1,508			2,397
	Acquisition costs		862			—
	Stock-based compensation expense		11,428			8,048
	Foreign currency (gain) loss		(3,249	)		163
	Tax impact of non-GAAP adjustments ⁽²⁾		(65,490	)		(10,579	)
Adjusted net income		$	186,780		$	144,342

Shares used in computing GAAP Earnings Per Share (diluted)			147,923,437			145,247,477
	Options ⁽³⁾		3,077,983			513,553
	Shares underlying Founders fixed advisory fees ⁽⁴⁾		—			—
	Shares underlying Founders variable advisory fees ⁽⁵⁾		—			—
Shares used in computing Adjusted Earnings Per Share (diluted)			151,001,420			145,761,030

GAAP (Loss) Earnings Per Share (diluted)		$	(0.45	)	$	(1.03	)
Adjusted Earnings Per Share (diluted)		$	1.24		$	0.99
____________________
⁽¹⁾	^{For the nine months ended September 30, 2025, $0.4 million was related to the Redomiciliation Transaction, and $1.1 million was related to restructuring and other non-recurring costs. For the nine months ended September 30, 2024, $2.2 million was related to the Redomiciliation Transaction and other non-recurring Luxembourg related costs, and $0.2 million was related to other non-recurring costs.}
⁽²⁾	^{The tax impact of non-GAAP adjustments reflects the total income tax expense commensurate with the non-GAAP measure of profitability.}
⁽³⁾	^{The Company adds back the dilutive impact of options if amounts were excluded for purposes of GAAP EPS due to GAAP net loss during the period.}
⁽⁴⁾	^{As of September 30, 2025, a maximum of 2.4 million shares were issuable within 12 months under the Founders fixed advisory fee.}
⁽⁵⁾	^{Based on period end market prices as of September 30, 2025, a maximum of 10.7 million shares were issuable within 12 months under the Founders variable advisory fee.}

CONTACT: [email protected]

October 30, 2025 6:03 am

Genesis Energy, L.P. Releases 2024 Sustainability Report

Genesis Energy, L.P. Releases 2024 Sustainability Report

HOUSTON–(BUSINESS WIRE)–
Genesis Energy, L.P. (NYSE: GEL) today announced that the company’s 2024 Sustainability Report is now available and can be accessed on the Company’s website at https://www.genesisenergy.com/sustainability. The report shares our progress in the advancement of our corporate sustainability program and provides a review of Genesis Energy’s performance for calendar year 2024 against various sustainability topics and metrics that are important to our industry and our business.

Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis’ operations include offshore pipeline transportation, marine transportation and onshore transportation and services. Genesis’ operations are primarily located in the Gulf Coast region of the United States and the Gulf of America. For more information, please visit the Company’s website at www.genesisenergy.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251030528603/en/

Genesis Energy, L.P.

Dwayne Morley

VP – Investor Relations

(713) 860-2536

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Environment Other Transport Maritime Other Energy Transport Oil/Gas Professional Services Sustainability Energy Environmental, Social and Governance (ESG)

MEDIA:

Logo

October 24, 2025 1:59 am

Faraday Future Announces Strategic Cooperation with RAK Motors to Oversee FX Super One Sales and Services in the UAE, Building a Complete Production-to-Service Ecosystem In the UAE

The cooperation with RAK Motors marks full market readiness for FX Super One’s entry into the UAE.

RAS AL KHAIMAH, United Arab Emirates, Oct. 23, 2025 (GLOBE NEWSWIRE) — Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced a strategic cooperation with RAK Motors, a Ras Al Khaimah-based automotive dealer. Under this cooperation, RAK Motors is authorized to provide sales, delivery, and after-sales services for the FX Super One in the UAE region.

RAK Motors, a long-established automotive distributor based in Ras Al Khaimah, has extensive experience in representing global automotive brands such as Toyota and Nissan. Under the cooperation, FF has authorized RAK Motors as its exclusive agent for the UAE market for up to one year, subject to special cases. They will oversee the full spectrum of sales and after-sales operations for the FX Super One in the UAE, covering both commercial and individual customers. This includes vehicle display and test-drive management, order fulfillment and delivery, and comprehensive after-sales and customer care services, all executed in close collaboration with and under the guidance of FF.

The strategic cooperation marks a significant milestone for FF — establishing a complete end-to-end ecosystem in the UAE that spans production, manufacturing, sales, and service for the FX Super One. Currently, FF UAE is building an international team of elite professionals. In May 2025, Faraday Future took possession of its Ras Al Khaimah regional facility and operations center in the UAE. Covering 108,000 square feet, the facility integrates offices, production workshops, and operational hubs, jointly supporting both the FF and FX brands. The facility will empower the Company to meet the diverse needs of customers across the Gulf Cooperation Council (GCC) countries, with the potential to expand into European and North African markets.

“This cooperation with RAK Motors marks the completion of all necessary preparations for FX Super One’s official entry into the UAE market. It also represents another key advancement in FF and FX’s Global Automotive Industry Bridge Strategy,” said FF Executive Vice President and Head of UAE, Tin Mok. “The Middle East will serve as a critical springboard for FF and FX’s future expansion into Europe, Africa, and other global markets.”

On October 28, Faraday Future will host the FX Super One Middle East Final Launch Event, “Super One, Palace of Intelligence,” at the Armani Hotel Dubai – Burj Khalifa. The first batch of FX Super One vehicles is scheduled for delivery in November 2025. This is a key step in its expansion to markets outside the U.S. and a pivotal moment in FF and FX’s “Three-Pole” strategy.

The event will be livestreamed on FF.com starting at 8:15 am PDT on October 28 at the following links:

English (Global) – https://www.ff.com/us/FX-SuperOne-UAE/
English (Middle East Area) – https://www.ff.com/ae_en/FX-SuperOne-UAE/
Chinese – https://www.faradayfuturecn.com/cn/FX-SuperOne-UAE/

ABOUT FARADAY FUTURE
Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company’s mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future’s flagship model, the FF91, exemplifies its vision for luxury, innovation, and performance. The FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. For more information, please visit https://www.ff.com/us/.

FORWARD LOOKING STATEMENTS
This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding future FX production, delivery and sales, as well as FF and/or FX expansion to additional international markets, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, among others, that may affect actual results or outcomes include, among others: the Company’s ability to secure agreements with OEMs to sell FX vehicles in the Middle East and elsewhere; the ability of OEMs and suppliers to timely delivery products and parts to the UAE; the Company’s ability to homologate FX vehicles for sale in the Middle East and elsewhere; the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; and the Company’s ability to continue as a going concern and improve its liquidity and financial position. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on March 31, 2025, and Form 10-Q filed on August 19, 2025, and other documents filed by the Company from time to time with the SEC.

CONTACTS
Investors Relations (English): [email protected]
Investors (Chinese): [email protected]
Media: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/eb544c60-4669-43c5-9ab7-5058a1423b24

October 22, 2025 2:20 pm

ComEd, Metropolitan Mayor’s Caucus Spark Joy with 25 Grants Supporting Holiday Light Events

ComEd, Metropolitan Mayor’s Caucus Spark Joy with 25 Grants Supporting Holiday Light Events

Fifth annual Powering the Holidays Grant Program Delivers Over $60,000 to Northern Illinois Communities

CHICAGO–(BUSINESS WIRE)–
As the holiday season draws near, ComEd and the Metropolitan Mayors Caucus are empowering communities across northern Illinois with grants to help light up the winter months with festive cheer. Through the annual Powering the Holidays grant program, 25 municipalities and nonprofit organizations will receive awards of up to $2,500 to support local holiday light displays and events that bring neighbors together in cultural celebrations.

“Holiday lights illuminate the spirit of our communities—shining as beacons of hope, unity, and shared joy,” said Melissa Washington, ComEd’s senior vice president of governmental, regulatory and external affairs. “ComEd’s commitment to northern Illinois goes beyond delivering reliable power. Through community light shows, ComEd helps foster connection, celebrate tradition, and showcase the cultural pride that makes neighborhoods we proudly serve so vibrant.”

Launched in 2021, the Powering the Holidays grant program has become a seasonal tradition that celebrates the culture and creativity of local communities. With this year’s awards, ComEd has invested a total of $234,000 in over 90 communities and organizations to help transform public spaces into dazzling winter wonderlands.

“This program continues to be a powerful way to showcase the heart and soul of our communities,” said Neil James, executive director of the Metropolitan Mayors Caucus. “Each light display tells a story of heritage, togetherness and the magic of the season. We’re proud to help make those stories shine.”

The grants will support events scheduled between Nov. 1, 2025, and Feb. 13, 2026. Eligible applicants included nonprofit organizations, municipalities, counties, townships and other local government entities within ComEd’s service area. ComEd provides funding for the program, while the Metropolitan Mayors Caucus administers grants after a third-party group of judges reviews applications.

Powering the Holidays grants will be awarded to the following communities and organizations in 2025:

Addison Township will expand its inaugural holiday celebration with illuminated figurines, dazzling light displays, and live performances that showcase local talent and cultural diversity. With grant support, the event will foster community pride and unity while laying the foundation for a lasting tradition that brings joy and vibrancy to the township each holiday season.

Ahead Academy will light up Chicago’s Bronzeville neighborhood with a culturally rooted holiday event that celebrates joy and brings families together for music, crafts, and community connection. With grant support, the event will feature sustainable lighting and decorations, hands-on activities, and a welcoming space that reflects and uplifts the neighborhood’s identity and youth voices.

City of Belvidere will enhance the reach and impact of its Hometown Christmas by contributing to event costs and the purchase of two trees—one for public display and one to be gifted to a family in need. This festive event will strengthen local connections and support families during the season through inclusive activities including ice skating, puppet shows, cookie decorating and more.

Village of Bensenville will celebrate its diverse community with a tree display decorated by local schools and cultural groups, alongside live entertainment and festive activities for all ages. Supported by grant funding for stage, lighting, and DJ services, the event will foster unity and joy through music, storytelling, and shared holiday traditions.

Calahan Foundation will host a community-centered holiday event in Chicago’s Englewood neighborhood featuring a tree lighting ceremony, ornament-making, hot cocoa, and a resource fair offering support services to families. With grant funding, the celebration will provide festive decorations, winter essentials, and engaging activities that bring warmth, joy, and connection to residents during the holiday season.

Calumet City will transform the grounds around city hall into a vibrant and colorful holiday destination with new energy-efficient LED lights in various styles and colors. Grant funding will support the purchase of durable lighting and decorations that enhance the Annual Tree Lighting Ceremony, creating a welcoming space for musical performances, family activities, and community connection.

Village of Carpentersville will enhance Triangle Park with new lighted features and a photo frame to make Winterville’s holiday wonderland even more magical and interactive for visitors of all ages. These additions will brighten the festive atmosphere and create memorable moments through music, crafts, and seasonal cheer.

Curie Metropolitan High School for the Performing & Technical Arts will stage “It’s A Wonderful Life The Musical” with upgraded lighting that enhances both the performance and behind-the-scenes learning. With support from grant funding, the production will offer hands-on experience in technical theatre, foster collaboration with community arts partners, and showcase student talent to families and the broader Chicago Public Schools community.

City of Evanston will light up local storefronts and public spaces in the historic Church and Dodge district with the Holiday Festival and Tree Lighting Ceremony through festive decorations, trolley rides, and live performances that celebrate the cultural heritage of the city’s Black community. With support from grant funding, the event will feature gospel and jazz music, interactive activities, and vibrant decorations that foster connection, highlight local businesses, and honor community traditions.

Village of Forest Park will illuminate 73 streetlamps and decorate its central Holiday Tree and surrounding trees with bright LED lights to create a glowing, festive atmosphere for the Holiday Walk. With grant support, these enhancements will guide attendees through decorated storefronts and community activities, culminating in Santa’s arrival and a joyful tree lighting ceremony that brings warmth and connection to the downtown district.

Village of Glenwood will enhance its annual tree lighting celebration with additional LED lighting, festive decorations, warm drinks, and live entertainment to create a welcoming and joyful experience for all. Grant support will help cover core event costs, allowing the village to introduce new elements like food trucks, small gifts for children, and interactive holiday displays that deepen community engagement.

Village of Grayslake will brighten its Festival of Lights with the addition of a lighted archway, decorative spheres, and string lights at the new gazebo, enhancing the experience for visitors of all ages. Supported by grant funding, these energy-efficient upgrades will replace older displays and elevate a beloved celebration filled with music, crafts, carriage rides, and the magical countdown to the tree lighting.

Village of Hazel Crest will install programmable LED lighting around its new Creative Arts Center to establish a vibrant, inclusive holiday display that celebrates multiple cultural traditions. By engaging local commissions and college artists, the project will foster community collaboration and enhance public spaces with energy-efficient, artistic lighting.

City of Joliet will light up its newly developed City Square with fresh holiday decorations as part of the annual Light Up the Holidays Festival, featuring a parade, family activities, and a tree lighting ceremony. Grant funding will support the purchase, installation, and maintenance of energy-efficient lights, helping to create a festive and welcoming atmosphere for all residents.

Village of Lake in the Hills will enhance its signature Flurry Fest and Holiday Lights Decorating Tour with improved lighting, decorations, and a reinstated community tree lighting ceremony to create a more immersive and festive experience. Community members can participate in a self-guided driving tour or register for a bus-guided tour sponsored by the Village.

Leyden Township will refresh its annual Community Tree Lighting Ceremony by purchasing new LED lights to brighten Westdale Park’s festive Christmas village. The upgraded display will enhance a beloved event filled with family-friendly activities, holiday treats, and a tree decorating contest that brings together the township in celebration.

Men of Purpose Mentoring will transform the Chicago Housing Authority’s Altgeld Gardens into a festive hub by decorating lamp posts and a central 30-foot tree and creating a vibrant holiday display that spans the neighborhood. The celebration will bring residents together with giveaways, refreshments, and joyful activities, fostering community pride and seasonal spirit.

Progressive West Rockford Community Development Corporation will expand its multi-block holiday display with more energy-efficient decorations, gifts for children, and a community celebration featuring lights, music, and festive activities. This resident-led initiative will continue to unite neighbors through creativity, joy, and shared holiday spirit, transforming public space into a beacon of connection and cheer.

Village of Sauk Village will extend its cherished Santa Parade and Tree-Lighting Ceremony by illuminating the path from the municipal center to Veterans Memorial Park with LED lights and festive trees. With support from grant funding, the event will feature decorated storefronts, hot chocolate, music, and community-crafted displays that foster connection and holiday spirit throughout the town.

Schiller Park Local Government will transform Irving Park Road into a festive corridor by installing 11 snowflake pole-mounted LED lighting displays as part of its Winter Wonderland celebration. With grant support, the village will install these energy-efficient decorations, helping to brighten public spaces and enhance a beloved seasonal event filled with crafts, games, and holiday cheer.

Village of Skokie will brighten its downtown with white LED string lights on key trees in municipal lots, creating a warm and inclusive winter atmosphere. Supported by grant funding, the project will complement existing seasonal decorations and coincide with the popular Downtown Skokie Cookie Walk, drawing hundreds of residents to enjoy festive sights and community spirit.

Village of South Chicago Heights will illuminate the Veteran’s Mound and surrounding public spaces with new LED holiday lighting and decorations for its 37th annual Tree Lighting Ceremony. The event will bring together residents of all ages with music, performances, and festive cheer, while recognizing student performers and creating lasting memories with a professional Santa experience.

Village of Steger will replace old, unsafe electrical wiring with new wiring and equipment that will be used for over 80 holiday trees and to create a safer walkway to Santa’s house, spotlights for the town’s annual holiday event, and lighting for a large tent where kids enjoy free games, cookies, and hot apple cider.

Rainbow Beach Park Advisory Council will enhance the South Shore Holiday Tree Trail & Toy Giveaway with decorated trees, energy-efficient lights, and a free community event. Supported by grant funding, the celebration will bring residents together with music, refreshments, and gifts for children, fostering connection and holiday cheer throughout the season.

City of Woodstock will install lighting across more than 120 shrubs, enhancing a festive atmosphere and creating a magical setting for carolers as well as themed attractions like the Gingerbread Walk and Christmas Tree Walk.

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information, visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251022519037/en/

ComEd

Media Relations

312-394-3500

KEYWORDS: Illinois United States North America

INDUSTRY KEYWORDS: Urban Planning Fund Raising Professional Services Public Policy/Government Philanthropy Other Construction & Property Other Energy Utilities Construction & Property Oil/Gas Alternative Energy Energy Nuclear State/Local Environmental, Social and Governance (ESG) Other Professional Services Environment

MEDIA:

September 29, 2025 8:16 am

Phillips Edison & Company Inc. Invites You to Join Its Third Quarter 2025 Earnings Conference Call

CINCINNATI, Sept. 29, 2025 (GLOBE NEWSWIRE) — Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, will announce its Third Quarter 2025 earnings results on Thursday, October 23, 2025, after the market closes. PECO’s earnings release and supplemental information package will be posted on the Investor Relations section of the Company’s website at https://investors.phillipsedison.com/. Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield will host an earnings conference call, which will also be webcasted, on Friday, October 24, 2025, at 12:00 p.m. ET.

Third Quarter 2025 Earnings Conference Call Details:

Date: Friday, October 24, 2025
Time: 12:00 p.m. ET
Participant Toll-Free Dial-In Number: (800) 715-9871
Participant Toll Dial-In Number: +1 (646) 307-1963
Conference ID: 371251863
Webcast: Phillips Edison & Company, Inc. Q3 2025 Earnings Webcast

A webcast replay will be available approximately one hour after the conclusion of the presentation using the same link. Webcasts are archived on PECO’s Investor Relations website.

Connect with PECO

For additional information, please visit https://www.phillipsedison.com/

Follow PECO on:
X at https://x.com/PhillipsEdison
Facebook at https://www.facebook.com/phillipsedison.co
Instagram at https://www.instagram.com/phillips.edison/; and
Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company

About Phillips Edison & Company

Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of June 30, 2025, PECO managed 327 shopping centers, including 303 wholly-owned centers comprising 34.0 million square feet across 31 states and 24 shopping centers owned in three institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.

PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.

Investors:

Kimberly Green, Head of Investor Relations
(513) 692-3399, [email protected]

September 29, 2025 8:13 am

Altimmune Appoints Industry Veteran Christophe Arbet-Engels, M.D., PhD as Chief Medical Officer to Drive Next Phase of Clinical Development of Pemvidutide

Seasoned clinical leader to oversee Phase 3 development of pemvidutide in MASH

Dr. Arbet-Engels has led late-stage development, regulatory approvals and commercial launches for multiple successful franchises

GAITHERSBURG, Md., Sept. 29, 2025 (GLOBE NEWSWIRE) — Altimmune, Inc. (Nasdaq: ALT), a late clinical-stage biopharmaceutical company developing novel peptide-based therapeutics for liver and cardiometabolic diseases, today announced the appointment of Christophe Arbet-Engels, MD, PhD as Chief Medical Officer, effective October 1, 2025. Dr. Arbet-Engels joins the Company with more than 30 years of experience spanning industry, academia and private practice, and will lead the ongoing clinical development of pemvidutide including the planned Phase 3 trial in metabolic dysfunction-associated steatohepatitis (MASH). He succeeds Scott Harris, M.D., who earlier this year informed the Company of his plans to retire from the position. Dr. Harris will remain with the Company as a Senior Strategic Advisor until February 2026.

“We are thrilled to welcome Christophe to the team at this crucial juncture in Altimmune’s evolution,” said Vipin K. Garg, Ph.D., President and CEO of Altimmune. “He brings a wealth of experience across mid- and late-stage clinical development, regulatory approvals and commercial launches that will be invaluable as we continue to advance pemvidutide and work toward our mission of establishing a new standard of care in the treatment of hepato-metabolic disorders. On behalf of the executive team and Board of Directors, I would also like to thank Scott for his instrumental contributions over the last six years. His oversight of the pemvidutide program through multiple INDs and clinical trials has positioned us well as we prepare to enter Phase 3 development in MASH.”

Dr. Arbet-Engels added, “I am proud to join the talented leadership team at Altimmune and excited to lead the development of a therapy as promising as pemvidutide. The data generated to date reinforces the highly differentiated profile of pemvidutide as well as its category-leading potential in MASH. With upcoming 48 week data from the IMPACT trial in MASH, as well as the ongoing Phase 2 trials in Alcohol Use Disorder and Alcohol-associated Liver Disease, pemvidutide presents an exciting opportunity to disrupt the treatment paradigm in three highly prevalent indications and potentially address multiple significant unmet medical needs. I look forward to working closely with Vipin and the rest of the team as we advance to the End-of-Phase 2 meeting with the FDA and continue working toward the initiation of the Phase 3 trial in MASH.”

Dr. Arbet-Engels joins Altimmune from X4 Pharmaceuticals (Nasdaq: XFOR), where he served as Chief Medical Officer since 2023. While at X4, he contributed extensively to the successful regulatory process for Xolremdi (mavorixafor), which was approved in 2024 for WHIM Syndrome, and led late-stage clinical programs for mavorixafor in Chronic Neutropenia. Previously, he was Chief Medical Officer at Neurogastrx, Millendo Therapeutics, and Poxel Pharmaceuticals, where he led the clinical development and approval in Japan of Twymeeg for diabetes. Earlier in his career, he held several senior-level medical and clinical positions including at Biogen, Boehringer Ingelheim Pharmaceuticals, Hoffmann-La Roche, Merck Research Laboratories, Aventis Pharmaceuticals, and Ligand Pharmaceuticals, where he led clinical development and registration, launch and lifecycle management efforts for a variety of products including LANTUS® and JARDIANCE®. Prior to his career in industry, Dr. Arbet-Engels served in educational roles at The Salk Institute for Biological Studies, University of Paris VI, and the Assistance Publique, Hospitals of Paris, and he currently serves as a Member of the Board of Tutors in Biochemical Sciences at Harvard University. Dr. Arbet-Engels received his MD and PhD in internal medicine and endocrinology/metabolism from the University of Paris, France, and completed his MBA at Rutgers University. He completed a postdoctoral fellowship in the Department of Medicine, Division of Endocrinology and Metabolism at the University of California, San Diego, and residencies in Endocrinology and Internal Medicine at Military Hospital Bégin, Paris and Assistance Publique, Hospitals of Paris, respectively.

Inducement Grant

In connection with being named as Chief Medical Officer, Dr. Arbet-Engels will receive, in the aggregate, options to purchase 450,000 shares of Altimmune’s common stock, and 150,000 restricted stock units (“RSUs”). The options will have an exercise price equal to the closing price of Altimmune’s common stock on October 1, 2025 (the “Grant Date”). Based on the closing price of Altimmune’s common stock on October 1, 2025, Altimmune would issue approximately 347,436 options as inducement awards under its 2018 Inducement Grant Plan, and the balance as incentive stock options under its 2017 Omnibus Incentive Plan. The final allocation of options between the 2018 Inducement Grant Plan and 2017 Omnibus Plan are subject to adjustment based on the closing price of Altimmune’s common stock on the Grant Date. One-fourth of the shares underlying the options will vest on the one-year anniversary of the Grant Date and thereafter 1/36th of the shares underlying the options will vest monthly, such that the shares underlying the options will be fully vested on the fourth anniversary of the Grant Date, in each case, subject to Dr. Arbet-Engels continued employment with Altimmune on such vesting dates.

One-fourth of the RSUs will vest on the one-year anniversary of the Grant Date and thereafter the RSUs will vest in three substantially equal annual installments, such that the RSUs will be fully vested on the fourth anniversary of the Grant Date, in each case, subject to Dr. Arbet-Engel’s continued employment with Altimmune on such vesting dates. The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4).

About Altimmune

Altimmune is a late clinical-stage biopharmaceutical company focused on developing novel peptide-based therapeutics for liver and cardiometabolic diseases. The Company’s lead product candidate is pemvidutide, a GLP-1/glucagon dual receptor agonist for the treatment of MASH, Alcohol Use Disorder (AUD), Alcohol-associated Liver Disease (ALD) and obesity. For more information, please visit www.altimmune.com.

Forward-Looking Statements

Any statements made in this press release related to the development or commercialization of pemvidutide, an investigational product candidate, and other business, regulatory and financial matters including without limitation, the timing of key milestones for the Company’s clinical assets, future plans or expectations for pemvidutide for the treatment of MASH, AUD, ALD and obesity, and the prospects for receiving regulatory approval or commercializing or selling any product or drug candidates, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, when or if used in this press release, the words “may,” “could,” “should,” “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “predict” and similar expressions and their variants, as they relate to Altimmune, Inc. may identify forward-looking statements. The Company cautions that these forward-looking statements are subject to numerous assumptions, risks, and uncertainties, which change over time. Important factors that may cause actual results to differ materially from the results discussed in the forward-looking statements, or historical experience include risks and uncertainties, including risks relating to: delays in regulatory review, manufacturing and supply chain interruptions, access to clinical sites, enrollment, adverse effects on healthcare systems and disruption of the global economy; the reliability of the results of studies relating to human safety and possible adverse effects resulting from the administration of the Company’s product candidates; the Company’s ability to manufacture clinical trial materials on the timelines anticipated; and the success of future product advancements, including the success of future clinical trials. Further information on the factors and risks that could affect the Company’s business, financial conditions and results of operations are contained in the Company’s filings with the U.S. Securities and Exchange Commission, including under the heading “Risk Factors” in the Company’s most recent annual report on Form 10-K, quarterly report on Form 10-Q and the Company’s other filings with the SEC, which are available at www.sec.gov.

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Investor Contact:

Lee Roth
Burns McClellan
Phone: 646-382-3403
[email protected]

September 22, 2025 1:12 pm

The Gross Law Firm Notifies Charter Communications, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – CHTR

PR Newswire

NEW YORK
, Sept. 22, 2025 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Charter Communications, Inc. (NASDAQ: CHTR).

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

https://securitiesclasslaw.com/securities/charter-communications-inc-loss-submission-form/?id=168413&from=4

CLASS PERIOD: This lawsuit is on behalf of all persons and entities who purchased or otherwise acquired Charter securities, purchased call options on Charter common stock, or sold put options on Charter common stock, between July 26, 2024, and July 24, 2025, inclusive.

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the impact of the Affordable Connectivity Program (ACP) end was a material event the Company was unable to manage or promptly move beyond; (ii) the ACP end was actually having a sustaining impact on Internet customer declines and revenue; (iii) neither was the Company executing broader operations in a way that would compensate for, or overcome the impact, of the ACP ending; (iv) the Internet customer declines and broader failure of Charter’s execution strategy created much greater risks on business plans and earnings growth than reported; (v) accordingly, the Company had no reasonable basis to state the Company was successfully executing operations, managing causes of Internet customer declines, or provide overly optimistic statements about the long term trajectory of the Company and EBITDA growth; and (iv) as a result of the foregoing, defendants materially misled with, and/or lacked a reasonable basis for, their positive statements about the Company’s business, operations, outlook during the Class Period.

DEADLINE: October 14, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/charter-communications-inc-loss-submission-form/?id=168413&from=4

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CHTR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 14, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company’s stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-gross-law-firm-notifies-charter-communications-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline–chtr-302562306.html

SOURCE The Gross Law Firm

September 22, 2025 1:07 pm

Replimune Group, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before September 22, 2025 to Discuss Your Rights – REPL

PR Newswire

NEW YORK
, Sept. 22, 2025 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Replimune Group, Inc. (NASDAQ: REPL).

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

https://securitiesclasslaw.com/securities/replimune-group-inc-loss-submission-form-3/?id=168401&from=4

CLASS PERIOD:
November 22, 2024 to July 21, 2025

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) defendants recklessly overstated the IGNYTE trial’s prospects, given material issues that defendants knew or should have known of, which resulted in the FDA deeming the IGNYTE trial inadequate and not well-controlled; and (2) as a result, defendants’ statements about Replimune’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

DEADLINE: September 22, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/replimune-group-inc-loss-submission-form-3/?id=168401&from=4

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of REPL during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is September 22, 2025. There is no cost or obligation to you to participate in this case.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

View original content to download multimedia:https://www.prnewswire.com/news-releases/replimune-group-inc-securities-fraud-class-action-lawsuit-pending-contact-the-gross-law-firm-before-september-22-2025-to-discuss-your-rights–repl-302562323.html

SOURCE The Gross Law Firm