Sable Offshore Corp. (SOC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

PR Newswire

 


BENSALEM, Pa.
, Aug. 5, 2025 /PRNewswire/ — The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Sable Offshore Corp. (“Sable” or the “Company”) (NYSE: SOC).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SABLE OFFSHORE CORP. (SOC),
CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE SEPTEMBER 26, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Is The Lawsuit About?
The complaint filed alleges that, between May 19, 2025 and June 3, 2025, Defendants failed to disclose to investors that: (1) Defendants represented that Sable Offshore Corp. had restarted oil production off the coast of California when it had not; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:  

If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected],
Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

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

Contact Us:

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com

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SOURCE Law Offices of Howard G. Smith

Textron Aviation Announces Additional Garmin Avionics Upgrade Option for Cessna Citation CJ1

Textron Aviation Announces Additional Garmin Avionics Upgrade Option for Cessna Citation CJ1

WICHITA, Kan.–(BUSINESS WIRE)–Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced customers can now upgrade their Cessna Citation CJ1 with the all-Garmin retrofit solution following Federal Aviation Administration (FAA) supplemental type certification (STC). Customers can have the upgrade installed at any of the company’s global service network locations to add significant technological advances and new capabilities to their aircraft.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250805392790/en/

Textron Aviation announced customers can now upgrade their Cessna Citation CJ1 with the all-Garmin retrofit solution following Federal Aviation Administration (FAA) supplemental type certification (STC).

Textron Aviation announced customers can now upgrade their Cessna Citation CJ1 with the all-Garmin retrofit solution following Federal Aviation Administration (FAA) supplemental type certification (STC).

The Garmin avionics upgrade — including the new, larger 12-inch G600 TXi flight display, TXi EIS, GTN™ 750Xi GPS/NAV/COMM and GFC™ 600 digital autopilot — is a cutting-edge solution for the CJ1 cockpit. The system offers situational awareness features such as Stabilized Approach monitoring and aural V-speed alerting during takeoff. Optionally, the upgrade can also include Garmin’s GWX™ 8000 StormOptix™ weather radar, GDL® 60 datalink for the PlaneSync™ connected aircraft management system and more.

“At Textron Aviation, we’re committed to enhancing customers’ aircraft no matter where it is in its lifecycle, and offering the all-Garmin retrofit solution for the Cessna Citation CJ1 delivers on that commitment,” said Brian Rohloff, senior vice president, Customer Support. “The upgrade enhances the in-flight experience, offering the latest technology available today to support pilots as missions and technology evolve.”

The Cessna Citation CJ1 light jet holds up to eight occupants, has a range of 1,266 nm and received certification in 2000. Textron Aviation produced nearly 200 CJ1s until 2005.

As the original equipment manufacturer of the aircraft, Textron Aviation can offer the OEM-certified upgrade of the Cessna Citation CJ1 avionics that maintains the system integrity as originally certified. Customers can have the upgrade installed at a Textron Aviation service center.

About Textron Aviation Customer Support

Textron Aviation, through its Beechcraft and Cessna brands, is renowned for its unrivaled global service network dedicated to complete life-cycle support. In addition to its expansive company-owned footprint, Textron Aviation’s jet and turboprop customers have access to a global network of more than 300 authorized service facilities. Textron Aviation also offers a mobile support program featuring more than 40 mobile service units and on-site service technicians and support. Find additional information about Textron Aviation’s service programs at http://txtav.com/en/service.

About Textron Aviation

We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight.

For more information, visit www.txtav.com| www.defense.txtav.com| www.scorpionjet.com.

About Textron Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information, visit: www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.

Media Contact:

Hailey Tucker

+1 (316) 881-2684

[email protected]

txtav.com

KEYWORDS: Europe United States North America Kansas

INDUSTRY KEYWORDS: Other Defense Aerospace Satellite Manufacturing Technology Carriers and Services Transportation Travel Defense Air Military Transport Other Manufacturing Software Internet

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Textron Aviation announced customers can now upgrade their Cessna Citation CJ1 with the all-Garmin retrofit solution following Federal Aviation Administration (FAA) supplemental type certification (STC).
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Snappt Acquires Trigo to Enhance Applicant Trust Platform for Multifamily Housing, Secures $50M Growth Financing

Snappt Acquires Trigo to Enhance Applicant Trust Platform for Multifamily Housing, Secures $50M Growth Financing

Strategic growth financing accelerates expansion through acquisition and supports product innovation

LOS ANGELES–(BUSINESS WIRE)–Snappt, the leading platform for applicant trust in multifamily housing, today announced it has acquired Trigo, a company known for its breakthrough technology in verifying rental payment history. Backed by a $50 million committed facility from Hercules Capital, Inc. (NYSE: HTGC), the acquisition expands Snappt’s platform and strengthens its ability to help property managers make faster, more confident leasing decisions. Together, these milestones mark a major step toward building the industry’s most complete and trusted solution embedded into the application and screening process.

“This moment marks a major leap forward for Snappt,” said James Hyde, CEO of Snappt. “With the backing of Hercules Capital and the strategic acquisition of Trigo, we’re not just expanding our platform, we’re accelerating our vision for a fully integrated trust infrastructure that meets the evolving needs of property managers. These combined milestones enable us to deliver faster, more secure leasing decisions while setting a new standard for accuracy and transparency across the rental journey.”

“Snappt has consistently demonstrated category leadership through product innovation and customer obsession,” said Thomas Krane, Managing Director at Insight Partners. “Their evolution from point solution to platform—and now, with the acquisition of Trigo, a fully integrated trust infrastructure—reinforces why we continue to back their vision. Snappt is solving one of the most urgent and complex challenges in multifamily housing: establishing trust at scale.”

Property managers are facing rising pressure to reduce risk, streamline leasing workflows, and minimize costly evictions. Snappt’s Applicant Trust Platform helps property managers spot fake pay stubs, altered bank statements, and other forms of application fraud while confirming key indicators of tenant reliability like verified rent payment history, income, identity, assets, and employment. The result: faster approvals and greater confidence that applicants are both qualified and likely to pay rent on time, which in return builds a community you can trust.

“Trigo was founded on the idea that the best predictor of someone’s ability to pay rent is if they paid rent in the past,” said Sam Stein, CEO and Co-Founder of Trigo. “We’re excited to join forces with Snappt to scale our impact and bring verification innovation to more leasing teams across the country.”

The acquisition of Trigo deepens Snappt’s capabilities in applicant trust and enables it to natively support one of property managers’ most requested proof points: verified rental payment history. Combined with Snappt’s industry-leading fraud detection capabilities, the expanded platform enables operators to make faster, more confident leasing decisions while improving accessibility for qualified renters.

“Hercules Capital is excited to partner with Snappt as they continue to provide an industry-leading platform for applicant trust,” said Ruslan Sergeyev, Managing Director at Hercules Capital. ”Snappt’s vision for an end-to-end trust infrastructure resonated deeply with us. Their proven AI-powered technology, rapid growth, and commitment to product innovation make them a compelling partner as they continue to scale.”

These milestones underscore a period of strong momentum for Snappt, marked by the recent appointment of CEO James Hyde, continued product innovation, and strategic partnerships with industry leaders like Mastercard and Tenant Cloud. Since its founding in 2019, Snappt has analyzed over 14 million documents with 99.8% accuracy, preventing more than $1.9 billion in potential bad debt. Today, its solutions protect over 2.2 million rental units and are trusted by many of the nation’s top property management companies.

In the transactions, Hercules Capital, Inc. was represented by Will Gerber from Morrison & Foerster LLP. Trigo, Inc. was represented by Michael Fesher from Quarles & Brady LLP. Snappt, Inc. was represented by Stephen Fisher, Will Black, Liz Malmen, and Steve Krafcik from Fenwick & West LLP.

About Snappt

Snappt is an AI-powered applicant fraud detection and income verification solution for multifamily property managers. Since its inception in 2019, Snappt’s technology has been adept at identifying even the slightest document alterations, saving leasing teams time while reducing bad debt and evictions. As the market leader for fraud detection, Snappt has analyzed over 14 million documents with an impressive accuracy rate of 99.8%. They are the only fraud detection company that conducts proactive fraud research, and they were recently ranked #1 in AI on the Inc. 5000 list. Visit www.snappt.com.

Media Contact:

Walker Sands

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Payments Technology Residential Building & Real Estate Software Construction & Property Artificial Intelligence

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Raymond James Welcomes Florida Financial Advisors Managing $210 Million in Assets

ST. PETERSBURG, Fla., Aug. 05, 2025 (GLOBE NEWSWIRE) — Raymond James recently welcomed financial advisors Leo Boisvert, MBA, CIMA®, CDFA®, and Erik Heben, CFP®, to Raymond James Financial Services (RJFS) – the firm’s independent advisor channel – according to Todd Gartrell, Southeast divisional director for RJFS.

The duo arrives from Commonwealth Financial Network, where they managed approximately $210 million in client assets. As co-founders of Private Wealth Consultants, based in Fort Myers, Florida, they provide holistic financial planning and guidance to a variety of clients, specializing in families and individuals, corporate executives, business owners, healthcare professionals and retirees. The advisors are joined by Client Services Manager Paula Heben and Client Service Associate Dawn Mannina-Sanford.

“This transition is about coming home to the values of independence, integrity and client emphasis that first drew me to the profession,” said Leo Boisvert. “Raymond James upholds these values, and it felt immediately clear this is where I wanted to build the final chapter of my career.”

Boisvert served at Commonwealth for 18 years and brings a total of 32 years of industry experience to his role as managing partner. His experience is backed by an MBA in financial management and behavioral economics from Nove Southeastern University, as well as the Certified Investment Management Analyst® and Certified Divorce Financial Analyst® designations.

Erik, managing partner of the practice and husband to Paula, brings more than 30 years of industry experience, most recently through affiliation with Commonwealth since 2006. He holds a bachelor’s degree from Kent State University in addition to his CERTIFIED FINANCIAL PLANNER® designation.

About Raymond James Financial Services
Raymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, is a financial services firm supporting independent financial advisors nationwide. Since 1974, RJFS provides a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both firms are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), one of the nation’s premier diversified financial services companies with financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.64 trillion as of Jun. 30 2025. Additional information is available at raymondjames.com.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Private Wealth Consultants is not a registered broker/dealer and is independent of Raymond James Financial Services.

Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, Certified Financial Planner®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.



Media Contact: Angel Hernandez
Raymond James
727.567.2824

RxSight, Inc. Investigated for Securities Fraud Violations – Contact the DJS Law Group to Discuss Your Rights – RXST

PR Newswire


LOS ANGELES
, Aug. 5, 2025 /PRNewswire/ — The DJS Law Group announces that it is investigating claims on behalf of investors of RxSight, Inc. (“RxSight” or “the Company”) (NASDAQ: RXST) for violations of the securities laws.

INVESTIGATION DETAILS: The investigation focuses on whether the Company issued misleading statements and/or failed to disclose information pertinent to investors. RxSight reported its financial results for the second quarter of 2025 on July 9, 2025. The Company reported declines in key metrics including sales of Light Delivery Devices (“LDD”) along with a decline in total revenue across the organization. The Company also lowered its guidance for its full year financial performance, blaming the change in part on “adoption challenges” that have caused an “LDD stall.” Based on its financial performance, shares of RxSight fell by just under 38% on the same day.

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.

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

CONTACT:

David J. Schwartz

DJS Law Group

274 White Plains Road, Suite 1

Eastchester, NY 10709

Phone: 914-206-9742

Email: [email protected]

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SOURCE DJS Law Group LLP

LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK

PR Newswire


NEW YORK
, Aug. 5, 2025 /PRNewswire/ — Loews Corporation (NYSE: L) announced today the declaration of the Company’s quarterly dividend of $0.0625 per share of Common Stock, payable September 2, 2025 to shareholders of record as of the close of business on August 20, 2025.

Loews Corporation is a diversified company with businesses in the insurance, energy, hospitality, and packaging industries. For more information please visit www.loews.com.

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SOURCE Loews Corporation

Shareholder Alert: The Ademi Firm investigates whether STAAR Surgical Company is obtaining a Fair Price for its Public Shareholders

PR Newswire


MILWAUKEE
, Aug. 5, 2025 /PRNewswire/ — The Ademi Firm is investigating STAAR (NASDAQ: STAA) for possible breaches of fiduciary duty and other violations of law in its transaction with Alcon Inc.

Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.

In the transaction, shareholders of STAAR will receive $28 per share in cash, valuing the transaction at approximately $1.5 billion in equity value. STAAR insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for STAAR by imposing a significant penalty if STAAR accepts a competing bid. We are investigating the conduct of the STAAR board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi & Fruchter LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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SOURCE Ademi LLP

Join FatPipe’s Exclusive Live Investor Webinar and Q&A Session on August 7

PR Newswire


SALT LAKE CITY
, Aug. 5, 2025 /PRNewswire/ — FatPipe, Inc. FatPipe, Inc. (NASDAQ: FATN) (“FatPipe” or the “Company”), a pioneer in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) solutions that provide the highest levels of reliability, security, and optimization for Wide Area Networks (WANs), is pleased to invite investors to a webinar on August 7, 2025, at 4:15 p.m. ET.

The exclusive event, hosted by RedChip Companies, will feature FatPipe’s Chairman and CEO, Dr. Ragula Bhaskar.

Attendees will gain insight into FatPipe’s leadership in the software-defined networking market and its positioning as a high-margin, subscription-based software company operating at the intersection of SD-WAN, SASE, and network monitoring. With more than 2,500 enterprise customers across sectors like government, healthcare, and finance, FatPipe delivers patented, application-aware technology that ensures secure, uninterrupted connectivity in increasingly complex IT environments. The Company’s robust recurring revenue model, 90%+ gross margins, and strong profitability—including a 24.4% net margin in fiscal 2024—underscore its capital efficiency and growth potential. Investors will also learn how FatPipe’s expanding global footprint, differentiated product suite, and long-term reseller partnerships uniquely position the Company to scale in a market projected to exceed $49 billion by 2030.

A live question and answer session will follow the presentation.

To register for the free webinar, please visit:
https://www.redchip.com/webinar/FATN/89527003978

Questions can be pre-submitted to [email protected] or online during the live event.

About FatPipe, Inc.

FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for hardware and software or cooperation from ISPs, and allows companies and service providers to control multi-link network traffic. In May 2025, FatPipe introduced Total Security 360, a single stack cybersecurity and network security solution providing control over data within company and sovereign boundaries. FatPipe currently has 12 U.S. patents related to multipath, software-defined networking. FatPipe products are sold by 200+ resellers worldwide. For more information, visit www.fatpipe.com. Follow us on X @FatPipe_Inc.

Forward-Looking Statements

Certain statements contained in this press release, including statements relating to the Company’s expectations regarding the completion, timing and size of its proposed public offering and listing may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management’s current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in FatPipe’s registration statement on Form S-1, as it may be amended from time to time. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences.

Company Contact Info

[email protected]

Investor Contact:

Dave Gentry, CEO
RedChip Companies, Inc.
1-407-644-4256
[email protected]   

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SOURCE FatPipe Networks

The ADS Foundation Donates $25,000 to Help Rebuild after the July 4th Flooding in Texas Hill Country

The ADS Foundation Donates $25,000 to Help Rebuild after the July 4th Flooding in Texas Hill Country

HILLIARD, Ohio–(BUSINESS WIRE)–
The ADS Foundation today announced a $25,000 donation to the Community Foundation of the Texas Hill Country to support relief efforts following the devastating July 4 floods in Texas. The ADS Foundation is funded primarily by Advanced Drainage Systems, Inc. (NYSE: WMS), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries, and one of the largest plastic recyclers in North America.

The Community Foundation of the Texas Hill Country is committed to cultivating a thriving region by inspiring generosity, honoring local heritage, and responsibly managing charitable resources for both current and future needs. Guided by its enduring mission and vision, the foundation works toward a future where all residents enjoy a high quality of life, and where future generations inherit a strong, resilient community.

Their mission aligns closely with that of the ADS Foundation, which is to improve quality of life by building resilient and sustainable communities that strengthen access to recycling, education, mental health, housing, and water.

“At ADS, we believe in standing with communities when they need it most,” said Kevin Talley, president of the ADS Foundation. “The devastation caused by the flooding in Texas has deeply impacted the lives of so many, and we’re committed to helping rebuild what was lost. Our donation supports on-the-ground efforts to deliver relief and foster long-term recovery across the region.”

To date, the Community Foundation of the Texas Hill Country has deployed more than $8 million in emergency grants, providing critical support to individuals and families, local businesses, first responders, and crisis response teams as the region works to recover.

The ADS Foundation is proud to support the Community Foundation of the Texas Hill Country to help rebuild vital infrastructure.

About the ADS Foundation

The ADS Foundation seeks to improve quality of life by building resilient and sustainable communities that strengthen access to recycling, education, mental health, housing, and water. Established by Advanced Drainage Systems, Inc. in 2020, the ADS Foundation is committed to partnering with organizations that improve availability and access in these five areas. To learn more about the ADS Foundation, go to www.adspipe.com/ads-foundation.

About Advanced Drainage Systems, Inc.

Advanced Drainage Systems is a leading manufacturer of innovative stormwater and onsite wastewater solutions that manage the world’s most precious resource: water. ADS and its subsidiary, Infiltrator Water Technologies, provide superior stormwater drainage and onsite wastewater products used in a wide variety of markets and applications including commercial, residential, infrastructure and agriculture, while delivering unparalleled customer service. ADS manages the industry’s largest company-owned fleet, an expansive sales team, and a vast manufacturing network of approximately 64 manufacturing plants and 35 distribution centers. The company is one of the largest plastic recycling companies in North America, ensuring over half a billion pounds of plastic is kept out of landfills every year. Founded in 1966, ADS’ water management solutions are designed to last for decades. To learn more, visit the Company’s website at www.adspipe.com.

ADS Foundation Contact

Margaret Finley

ADS Foundation Board Member

Phone: (614) 570-6304

[email protected]

Advanced Drainage Systems MediaContact

Heather Schreiber

ADS Director of Marketing

Phone: (614) 216-3757

[email protected]

KEYWORDS: United States North America Texas Ohio

INDUSTRY KEYWORDS: Philanthropy Residential Building & Real Estate Commercial Building & Real Estate Construction & Property Foundation Building Systems

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Cboe Surpasses 1,000 U.S. Listed ETFs as Demand for Innovative Products Drives Market Growth

PR Newswire

  • Major milestone highlights Cboe’s role as a leading listing venue for innovative actively-managed ETFs
  • Cboe BZX Exchange, Inc. (“Cboe U.S.”) welcomed 185 new U.S. ETFs year-to-date in 2025, representing strategies encompassing derivatives, global equities, fixed income, and cryptocurrency-based products
  • Cboe U.S. is currently the second largest ETF listing venue in the U.S.


CHICAGO
, Aug. 5, 2025 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), the world’s leading derivatives and securities exchange network, announced it surpassed 1,000 U.S. exchange-traded funds (ETFs) listings, becoming only the second venue to ever cross the mark. As of today, over 115 unique issuers list ETF products on Cboe U.S.

“Reaching 1,000 ETF listings is a testament to the industry leading advancements Cboe has championed on behalf of our partners, as well as issuers’ continued trust in Cboe’s ETF services,” said Victor Werny, Head of North American ETP Listings at Cboe Global Markets. “The ETF industry is experiencing tremendous growth and innovation as new products look to incorporate more sophisticated strategies and alternative asset classes, such as option-based and cryptocurrency ETFs. Cboe’s unique combination of derivatives and market expertise has us well-positioned to assist our partners in expanding the ETF universe, bringing investors more access and choice.”

Cboe’s U.S. ETF listings have grown over 70% since the start of 2023, in part due to the increasing demand for actively managed ETFs. Derivative-based ETFs, such as outcome-based and premium writing ETFs, represent over 40% of all new U.S. ETF listings industry-wide this year1, underscoring growing investor appetite for the risk management and income generation capabilities options can provide. The demand for options-based strategies within an exchange-traded vehicle has now expanded into alternative assets such as digital assets, with several outcome-based bitcoin ETFs among the more than 40 cryptocurrency ETFs now listed on Cboe U.S.

Cathie Wood, Founder, Chief Investment Officer and Chief Executive Officer of ARK Invest, said: “At ARK Invest, we believe the future of investing lies at the intersection of innovation, transparency, and access. Cboe has been a trusted partner in helping us bring cutting-edge strategies focused on disruptive innovation and actively managed ETFs to market. Their leadership in options and crypto-based products mirrors our mission to open exponential growth opportunities to all investors. Surpassing 1,000 listings isn’t just a milestone for Cboe, it’s a powerful signal that the market is evolving to meet the bold ideas shaping our world. We’re excited to continue leading the charge, alongside Cboe, in launching the industry’s most forward-looking and innovative investment products.”

Adam Phillips, Chief Operating Officer of VanEck ETFs, said: “Surpassing 1,000 U.S.-listed ETFs marks a notable milestone for Cboe and underscores the continued dynamism of the ETF landscape. At VanEck, we’ve long believed in the power of ETFs to provide efficient access to innovative investment strategies. Cboe has been a valuable partner in helping bring differentiated offerings — from digital assets to emerging sectors — to a broad range of investors and market participants.”

Graham Day, Executive Vice President, Chief Investment Officer at Innovator ETFs, said: “Congratulations to Cboe on this significant milestone. At Innovator, we are proud to have partnered with Cboe in bringing the Defined Outcome ETF™ category to market, beginning with the world’s first Buffer ETFs™ designed to manage risk, to today with the first Dual Directional Buffer ETFs™ that allow investors to potentially make money in both positive or negative markets. We’re excited to continue working with Cboe in delivering more industry firsts.”

Beyond being a leading listing venue for options-based ETFs, Cboe’s experience as an options leader and innovator has played an important role in the overall growth of the ETF ecosystem. Outcome-based ETF portfolio managers construct the specific terms and downside protection offered by utilizing FLEX options, which were first developed by Cboe in 1993 and help provide the flexibility and customization desired. Many issuers also leverage the indexing capabilities and theoretical pricing service offerings of Cboe Global Indices, a leading derivatives-based index provider.

Cboe currently lists over 1,400 ETFs across its global network of exchanges in the U.S., Canada, the UK, the European Union, and Australia. To learn more about Cboe’s U.S. ETF Listings, visit Cboe U.S. Listings.

1
Bloomberg

About Cboe Global Markets

Cboe Global Markets (Cboe: CBOE), the world’s leading derivatives and securities exchange network, delivers cutting-edge trading, clearing and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX across North America, Europe and Asia Pacific. Above all, we are committed to building a trusted, inclusive global marketplace that enables people to pursue a sustainable financial future. To learn more about the Exchange for the World Stage, visit www.cboe.com.



Cboe Media Contacts



Cboe Analyst Contact



Angela Tu



Tim Cave



Kenneth Hill, CFA

+1-917-985-1496

+44 (0) 7593-506-719

+1-312-786-7559




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CBOE-OE

Cboe® and Cboe Global Markets® are registered trademarks or service marks of Cboe Exchange, Inc. All other trademarks and service marks are the property of their respective owners.

Cboe Global Markets, Inc. and its affiliates do not recommend or make any representation as to possible benefits from any securities, futures or investments, or third-party products or services. Cboe Global Markets, Inc. is not affiliated with the third-party ETF providers. Investors should undertake their own due diligence regarding their securities, futures and investment practices. This press release speaks only as of this date. Cboe disclaims any duty to update the information herein.

Nothing in this announcement should be considered a solicitation to buy or an offer to sell any securities or futures in any jurisdiction where the offer or solicitation would be unlawful under the laws of such jurisdiction.  Nothing contained in this communication constitutes tax, legal or investment advice. Investors must consult their tax adviser or legal counsel for advice and information concerning their particular situation.

Cboe Global Markets, Inc. and its affiliates, to the maximum extent permitted by applicable law, make no warranty, expressed or implied, including, without limitation, any warranties as of merchantability, fitness for a particular purpose, accuracy, completeness or timeliness, the results to be obtained by  recipients of the products and services described herein, or as to the ability of the third-party indexes to track the performance of the general market or any segment thereof, and shall not in any way be liable for any inaccuracies or errors. Cboe Global Markets, Inc. and its affiliates have not calculated, composed or determined the constituents or weightings of the securities that comprise the third-party indexes and shall not in any way be liable for any inaccuracies or errors.

Cautionary Statements Regarding Forward-Looking Information

Certain information contained in this press release may constitute forward-looking statements. We caution readers not to place undue reliance on any forward-looking statements, which speak only as of the date made and are subject to a number of risks and uncertainties.

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SOURCE Cboe Global Markets, Inc.