Freshworks to Announce Second Quarter 2025 Financial Results on July 29, 2025

SAN MATEO, Calif., July 02, 2025 (GLOBE NEWSWIRE) — Freshworks Inc. (NASDAQ: FRSH) will announce its financial results for the second quarter ended June 30, 2025 following the close of market on Tuesday, July 29, 2025. Freshworks will host a live audio webcast beginning at 2:00 p.m Pacific Time / 5:00 p.m. Eastern Time that same day to discuss the company’s financial results and business highlights.

Event: Freshworks Second Quarter 2025 Financial Results
Date: Tuesday, July 29, 2025
Time: 2:00 p.m. PT / 5:00 p.m. ET
Audio webcast:https://ir.freshworks.com  

A webcast replay will be accessible from the Freshworks investor relations website at https://ir.freshworks.com. The press release will be accessible from the Freshworks investor relations website prior to the commencement of the event.

About Freshworks Inc.


Freshworks Inc.
builds uncomplicated service software that delivers exceptional customer and employee experiences. Our enterprise-grade solutions are powerful, yet easy to use, and quick to deliver results. Our people-first approach to AI eliminates friction, making employees more effective and organizations more productive. Over 73,000 companies, including Bridgestone, New Balance, Nucor, S&P Global, and Sony Music, trust Freshworks’ customer experience (CX) and employee experience (EX) software to fuel customer loyalty and service efficiency. For the latest company news and customer stories, visit www.freshworks.com and follow us on Facebook, LinkedIn, and X.

© 2025 Freshworks Inc. All Rights Reserved. Freshworks and its associated logo is a trademark of Freshworks Inc. All other company, brand and product names may be trademarks or registered trademarks of their respective companies. Nothing in this press release should be construed to the contrary, or as an approval, endorsement or sponsorship by any third party of Freshworks Inc. or any aspect of this press release.

Investor Relations Contact:

Brian Lan
[email protected]

Media Relations Contact:

Jayne Gonzalez
[email protected]



CareCloud Joins Russell Microcap Index as Common Stock Price Rises 70% During Q2 2025

SOMERSET, N.J., July 02, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in AI-driven healthcare technology solutions for medical practices and health systems nationwide, today announced that it has been added to the Russell Microcap® Index, effective at the open of U.S. markets on June 30, 2025, as part of the Russell indexes’ annual reconstitution based on market capitalization, public float, and related criteria. The inclusion underscores growing recognition of CareCloud’s momentum in the healthcare technology sector.

During Q2, the price of the Company’s common stock increased by approximately 70%. Key developments during the first half of 2025 included the launch of CareCloud’s new AI Center of Excellence, the resumption of acquisition activities in targeted growth areas, the conversion of approximately 3.5 million shares of the Company’s Series A Preferred Stock into Common Stock on March 6, 2025 and a strong cash position of approximately $10 million at the end of Q2 2025.

“Being added to the Russell Microcap Index is a powerful endorsement of the value CareCloud is creating,” said Stephen Snyder, Co-Chief Executive Officer of CareCloud. “Our team is relentlessly focused on delivering breakthrough solutions, scaling profitability, and positioning CareCloud as a long-term industry leader.”

The Russell Microcap Index is widely followed by investment managers and institutional investors and serves as a key benchmark for performance in the U.S. small-cap equity market. Membership remains in place for one year and results in automatic inclusion in the appropriate growth and value style indexes. Companies are selected based on a transparent, rules-based methodology that evaluates market capitalization and public float as of Rank Day—April 30 each year—along with minimum price, liquidity, and U.S. exchange listing requirements.

About CareCloud

CareCloud brings disciplined innovation to the business of healthcare. Our suite of AI and technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at carecloud.com.

Follow CareCloud on LinkedInX and Facebook.

For additional information, please visit our website at carecloud.com. To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit ir.carecloud.com.

Disclaimer

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

Forward-Looking Statements

This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could”, “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.

Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, and the expected results from the integration of our acquisitions. Past operational or stock price performance is not an indication of future performance.

These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.

The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

SOURCE:
CareCloud

Company Contact: 

Norman Roth 
Interim Chief Financial Officer and Corporate Controller 
CareCloud, Inc.
[email protected] 

Investor Contact:

Stephen Snyder 
Co-Chief Executive Officer 
CareCloud, Inc. 
[email protected] 



Genius Group Increases Bitcoin Treasury 20% to 120 Bitcoin; accelerates purchase plan.

SINGAPORE, July 02, 2025 (GLOBE NEWSWIRE) —
Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that on July 1, 2025 it increased its Bitcoin Treasury by 20% to 120 Bitcoin, which have been purchased at an average price of $101,539 per bitcoin. The Company is accelerating its purchase plan with more frequent purchases.

With its most recent purchase, Genius Group has doubled the size of its Bitcoin Treasury since May 22, 2025, when a Preliminary Injunction preventing the Company from purchasing Bitcoin was stayed by the U.S. Court of Appeals pending the appeal hearing.

The Company is restating its target to build its Treasury to 1,000 Bitcoin within the next six months.

Roger Hamilton, CEO of Genius Group, said “Genius Group’s focus is on teaching the ABC’s of the future: AI (Digital workforce of the future), Bitcoin (Digital money of the future) and Community (Human values of the future), empowering our students to shift focus from their day’s work to their life’s work. Our Bitcoin Treasury is a key part of our Genius philosophy of preserving and growing value.”

About Genius Group

Genius Group (NYSE: GNS) is a Bitcoin-first business delivering AI powered, education and acceleration solutions for the future of work. Genius Group serves 5.8 million users in over 100 countries through its Genius City model and online digital marketplace of AI training, AI tools and AI talent. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government level. To learn more, please visit https://www.geniusgroup.ai/

Forward-Looking Statements 

Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will”, “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, including those involved with the risks of investing in Bitcoin, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company’s Annual Reports on Form 20-F, as may be supplemented or amended by the Company’s Reports of a Foreign Private Issuer on Form 6-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. No information in this press release should be construed as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.

Contacts

For enquiries, contact [email protected].



Tokyo Lifestyle Co., Ltd. to Report Fiscal Year 2025 Financial Results on Thursday, July 10, 2025

Earnings Call Scheduled at 8:30 am U.S. Eastern Time on July 10, 2025

Tokyo, Japan, July 02, 2025 (GLOBE NEWSWIRE) — Tokyo Lifestyle Co., Ltd. (“Tokyo Lifestyle” or the “Company”) (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, collectible cards, trendy toys as well as other products in Hong Kong, Japan, North America, Thailand and the United Kingdom, today announced that it will release its financial results for the fiscal year ended March 31, 2025 before the U.S. market opens on Thursday, July 10, 2025. The Company will host an earnings conference call to discuss its financial results at 8:30 am U.S. Eastern Time (9:30 pm Japan Standard Time) on July 10, 2025.

To attend this earnings conference call, please use the information below for dial-in access.

Dial-in details for the conference call are as follows:
Date: July 10, 2025
Time: 8:30 am U.S. Eastern Time
International: 1-412-902-4272
United States Toll Free: 1-888-346-8982
Japan Toll Free: 0066-33-1-33094
Conference ID Tokyo Lifestyle Co., Ltd.

Please dial in at least 15 minutes before the commencement of the call to ensure timely participation.

For those unable to participate, an audio replay of the conference call will be available from approximately one hour after the end of the live call until July 17, 2025. The dial-in for the replay is +1-877-344-7529 within the United States or +1-412-317-0088 internationally. The replay access code is 7762709.

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://www.ystbek.co.jp/irlibrary/.

About Tokyo Lifestyle Co., Ltd.

Headquartered in Tokyo, Japan, Tokyo Lifestyle Co., Ltd. (formerly known as Yoshitsu Co., Ltd) is a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, collectible cards, trendy toys, and other products in Hong Kong, Japan, North America, Thailand, and the United Kingdom. The Company offers various beauty products (including cosmetics, skincare, fragrance, and body care products), health products (including over-the-counter drugs, nutritional supplements, and medical supplies and devices), sundry products (including home goods), and other products (including food and alcoholic beverages). The Company currently sells its products through directly-operated physical stores, through online stores, and to franchise stores and wholesale customers. For more information, please visit the Company’s website at https://www.ystbek.co.jp/irlibrary/.


Forward-Looking Statements

Certain statements in this press release are forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

Tokyo Lifestyle Co., Ltd.

Investor Relations Department
Email: [email protected]

Ascent Investor Relations LLC

Tina Xiao
President
Phone: 1-646-932-7242
Email: [email protected]s



TPG Completes Acquisition of Peppertree Capital Management

TPG Completes Acquisition of Peppertree Capital Management

SAN FRANCISCO & FORT WORTH, Texas & CHAGRIN FALLS, Ohio–(BUSINESS WIRE)–
TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today announced the successful completion of its previously announced acquisition of Peppertree Capital Management (“Peppertree”).

With the completion of the transaction, TPG has added a differentiated investing strategy focused on wireless communications towers and related critical communications assets, delivering immediate scale in a core subset of the growing digital infrastructure sector. Moving forward, the $7.8 billion strategy will operate as TPG Peppertree and will continue to be led by Howard Mandel and Ryan Lepene as Co-Managing Partners. Across all platforms, TPG now manages $258 billion1 of AUM.

“With Peppertree’s proven communications infrastructure strategy, TPG has meaningfully expanded its presence in an attractive digital infrastructure category with strong secular tailwinds,” said Jon Winkelried, Chief Executive Officer of TPG. “This combination presents meaningful opportunities to leverage our combined capabilities and areas of expertise to deliver value for investors and shareholders.”

“TPG’s leading alternatives platform and global scale position us well to identify and execute on opportunities presented by a rapidly evolving network infrastructure landscape,” said Howard Mandel and Ryan Lepene, Co-Managing Partners of TPG Peppertree. “We look forward to applying our combined expertise and intellectual capital to identify opportunities and accelerate growth through new and existing strategies.”

Advisors

BofA Securities, Goldman Sachs, Houlihan Lokey, and Campbell Lutyens acted as financial advisors to TPG, and Weil, Gotshal & Manges LLP served as TPG’s transaction counsel. Evercore acted as financial advisor to Peppertree, and Kirkland & Ellis LLP served as Peppertree’s transaction counsel.

About TPG

TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $258 billion1 of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities. For more information, visit www.tpg.com.

Forward-Looking Statements

This announcement may contain forward-looking statements based on TPG’s beliefs and assumptions and on information currently available to TPG. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” and similar references to future periods, or by the inclusion of forecasts or projections. Examples of forward-looking statements include, but are not limited to, statements TPG makes regarding the outlook for our and/or Peppertree’s future business and financial performance, estimated operational metrics, business strategy, and plans and objectives of management for future operations, including, among other things, statements regarding the expected benefits of the acquisition.

Forward-looking statements are based on TPG’s current expectations and assumptions regarding its and/or Peppertree’s business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. As a result, TPG’s actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the inability to recognize the anticipated benefits of the transaction; unexpected costs related to the integration of the Peppertree business and operations; TPG’s ability to manage growth and execute its business plan; and regional, national, or global political, economic, business, competitive, market, and regulatory conditions and uncertainties, among various other risks. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements and risk factors discussed from time to time in the Company’s filings with the Securities and Exchange Commission (the “SEC”), including, but not limited to, those described under the section entitled “Risk Factors” in our Annual Report on Form 10-K filed with the SEC on February 18, 2025 and subsequent filings with the SEC, which can be found at the SEC’s website at http://www.sec.gov.

For the reasons described above, TPG cautions you against relying on any forward-looking statements, which should also be read in conjunction with the other cautionary statements that are included elsewhere in this announcement and related public filings. Any forward-looking statement made by TPG in this announcement speaks only as of the date on which TPG makes it. Factors or events that could cause actual results to differ may emerge from time to time, and it is not possible for TPG to predict all of them. TPG undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law. No recipient should, therefore, rely on these forward-looking statements as representing the views of the Company or its management as of any date subsequent to the date of the document.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities or an offer of any TPG fund.

1 As of March 31, 2025, including AUM attributable to TPG Peppertree on a pro forma basis.

Shareholder Contact

Gary Stein and Evanny Huang

[email protected]

Media Contact

Luke Barrett and Julia Sottosanti

[email protected]

KEYWORDS: United States North America California Texas

INDUSTRY KEYWORDS: Asset Management Professional Services Finance

MEDIA:

Germany’s Largest Public Insurer Versicherungskammer Selects Clearwater Analytics for Scalable Investment Operations

Germany’s Largest Public Insurer Versicherungskammer Selects Clearwater Analytics for Scalable Investment Operations

BOISE, Idaho & CHICAGO & NEW YORK & MUNICH & FRANKFURT A.M., Germany–(BUSINESS WIRE)–Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced that Versicherungskammer Group has selected Clearwater Analytics’ platform to power their middle, back office and risk functions.

This decision is based on a comprehensive operating model review that began in 2024, followed by a structured selection process to identify a strategic partner. The rigorous assessment underscored the need for change, as market developments and demographic shifts demanded more agility, transparency, and efficiency. By adopting Clearwater’s modern, cloud-based platform, Versicherungskammer will gain real-time, advanced data analytics to strengthen investment decision-making and drive improved performance. This will allow Versicherungskammer to focus on its core competencies in capital investment in the future.

“Partnering with Clearwater marks an important shift in our investment operations strategy and is central to our goal of future-proofing Versicherungskammer’s investment capabilities,” said Martin Knobbe, Head of Middle and Back Office Investment at Versicherungskammer. “Versicherungskammer becomes part of a platform with over 700 insurance customers, which offers considerable network advantages. This partnership allows us to focus on our core competencies, enhances data quality, supports our decision-making processes, and lays the foundations for the further development of our risk and performance management. This transition not only improves agility and flexibility of our business processes – it future-proofs the Group’s investment operations and provides us with economic advantages.”

“Versicherungskammer is setting a new benchmark for insurers modernizing their investment operations,” said Keith Viverito, Managing Director EMEA at Clearwater Analytics. “It’s a privilege to partner with them on this transformation. Together, we’re implementing a solution that combines technology from our recent acquisitions, Enfusion and Beacon, to deliver a powerful front-to-back platform. This will modernize Versicherungskammer’s operations, significantly enhance the accuracy and timeliness of their data across all asset classes, and support their long-term growth objectives.”

Versicherungskammer joins more than 2,400 clients worldwide on Clearwater’s unique single-instance, multi-tenant platform. The solution delivers comprehensive investment data management, risk, performance, accounting, and reporting capabilities through a single, unified cloud-native system that eliminates data silos and automates manual processes that impact efficiency and accuracy.

Contact an expert today for more information about Clearwater Analytics and how our solutions can support your organization.

About Versicherungskammer Group

The Versicherungskammer Group is the largest public insurer in Germany and is among the top 10 primary insurers in Germany. With its regionally active companies, the company is active in Bavaria, the Palatinate, Saarland as well as in Berlin and Brandenburg. The health insurer of the S-Finanzgruppe operates nationwide together with the other public insurers. The social commitment of the Versicherungskammer Group is of great importance. The sustainability-oriented strategy of promoting voluntary institutions and initiatives, which are particularly active in the field of prevention and safety, has been further strengthened for several years by the two foundations, the Versicherungskammer-Stiftung and Versicherungskammer-Kulturstiftung. In addition, the Versicherungskammer Group has been awarded the “Work and Family” certificate as a family-friendly company for the third time. It has around 7,500 employees, including around 340 trainees. Further information can be found at Konzern Versicherungskammer | VK Konzernportal.

About Clearwater Analytics

Clearwater Analytics (NYSE: CWAN) is transforming investment management with the industry’s most comprehensive cloud-native platform for institutional investors across global public and private markets. While legacy systems create risk, inefficiency, and data fragmentation, Clearwater’s single-instance, multi-tenant architecture delivers real-time data and AI-driven insights throughout the investment lifecycle. The platform eliminates information silos by integrating portfolio management, trading, investment accounting, reconciliation, regulatory reporting, performance, compliance, and risk analytics in one unified system. Serving leading insurers, asset managers, hedge funds, banks, corporations, and governments, Clearwater supports over $8.8 trillion in assets globally. Learn more at www.clearwateranalytics.com.

Media Contact:

Claudia Cahill, Head of Communications and PR | +1 208-433-1200 | [email protected]

KEYWORDS: Germany Europe United States North America Illinois Idaho New York

INDUSTRY KEYWORDS: Technology Insurance Finance Fintech Professional Services Software Data Analytics Asset Management Artificial Intelligence

MEDIA:

Logo
Logo

SE Labs Award Reinforces NetApp Status as the Most Secure Storage on the Planet

SE Labs Award Reinforces NetApp Status as the Most Secure Storage on the Planet

NetApp wins 2025 SE Labs Award for Enterprise Data Protection

SAN JOSE, Calif.–(BUSINESS WIRE)–
NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that it was recognized as a standout performer in cybersecurity in the SE LABS ® Awards 2025. NetApp won the 2025 SE Labs Award for Enterprise Data Protection, validating NetApp’s status as the most secure storage on the planet.

This recognition as a winner of a 2025 SE Labs Award is a result of NetApp’s exceptional innovation in cyber resiliency to deliver NetApp ONTAP® Autonomous Ransomware Protection with Artificial Intelligence (ARP/AI), which was tested and validated by SE Labs. NetApp ARP/AI demonstrated 99 percent detection of tested, advanced full-file encryption ransomware attacks with zero false positives, indicating a strong ability to operate in a business context without contributing to alert fatigue.

“Great security doesn’t just happen—it’s built, tested and proven,” says Simon Edwards, Founder and CEO of SE Labs. “Behind every high performing security product is a team committed to excellence. We believe that we should celebrate the technologies and teams pushing the boundaries in protection and resilience against cyberattacks. The standard of competition for the top place in each category has been very high this year and all of our winners are to be congratulated.”

Now in its seventh year, the SE Labs Awards recognize those security vendors that deliver the very best in their field and are making a real difference in keeping systems secure. Judged based on a combination of continual public testing, private assessments, and feedback from SE Labs’ corporate clients, these are the products setting the benchmarks for the rest of the cyber security industry.

“Winning the 2025 SE Labs Award for Enterprise Data Protection highlights NetApp’s commitment to providing the most secure storage on the planet. With ARP/AI, NetApp is the first and only storage vendor with built-in, real-time AI-powered ransomware detection in primary storage for file workloads,” said Gagan Gulati, Senior Vice President and General Manager, Data Services at NetApp. “Keeping data and their businesses safe is a top concern for companies everywhere, with discussions about the disruption of ransomware attacks rising all the way to the boardroom. To combat the relentless threat of targeted, automated and destructive cyberattacks, companies need an intelligent data infrastructure with built-in cyber resilience.”

Since the release of ARP/AI, NetApp has continued to build and innovate its cyber resiliency solutions, announcing advanced capabilities to orchestrate protection of critical workloads in native cloud environments and the upcoming enhancements for ARP/AI to protect block storage workloads.

Statements by NetApp about unreleased offerings and future plans are for informational purposes only, are subject to change without notice, and should not be relied upon for purchasing or other decisions. Such statements do not constitute a commitment, obligation, guarantee, or warranty of any kind by NetApp, including about availability, functionality, pricing, or timing.

No ransomware detection or prevention system can completely guarantee safety from a ransomware attack. Although it’s possible that an attack might go undetected, NetApp technology acts as an important additional layer of defense, and our research indicates NetApp technology has resulted in a high degree of detection for certain file encryption-based ransomware attacks.

Additional Resources

About NetApp

NetApp is the intelligent data infrastructure company, combining unified data storage, integrated data, operational and workload services to turn a world of disruption into opportunity for every customer. NetApp creates silo-free infrastructure, harnessing observability and AI to enable the industry’s best data management. As the only enterprise-grade storage service natively embedded in the world’s biggest clouds, our data storage delivers seamless flexibility. In addition, our data services create a data advantage through superior cyber resilience, governance, and application agility. Our operational and workload services provide continuous optimization of performance and efficiency for infrastructure and workloads through observability and AI. No matter the data type, workload, or environment, with NetApp you can transform your data infrastructure to realize your business possibilities. Learn more at www.netapp.com or follow us on X, LinkedIn, Facebook, and Instagram.

NETAPP, the NETAPP logo, and the marks listed at www.netapp.com/TM are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.

Media Contact:

Kenya Hayes

NetApp

[email protected]

Investor Contact:

Kris Newton

NetApp

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Security Data Management Technology Artificial Intelligence Software

MEDIA:

Logo
Logo

Forge Global Expands Investment Management and Wealth Capability with Completion of Accuidity Capital Management Acquisition

Forge Global Expands Investment Management and Wealth Capability with Completion of Accuidity Capital Management Acquisition

SAN FRANCISCO–(BUSINESS WIRE)–
Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services, technology, and investment solutions for the private market, today announced that it had completed its previously announced acquisition of Accuidity Capital Management (“Accuidity”), a specialized asset management firm focused on private market investing, in a simultaneous sign and close transaction.

Forge believes that this acquisition marks a significant step forward in Forge’s long-term strategic vision to deliver private market access more broadly and to serve as a valuable contributor to the capital ecosystem of high-growth private companies. Investor interest in private market strategies continues to grow, with global alternative assets under management expected to surpass $29 trillion by 20291, driven by demand for enhanced returns, diversification, and access to high-growth private companies. By integrating Accuidity’s differentiated investment strategies and sourcing ecosystem with Forge’s proprietary data, technology, and distribution capabilities, the Company aims to deliver a scalable portfolio of private market products designed to meet this growing demand in alternative assets from institutional and individual investors.

“Accuidity accelerates our strategic vision by enabling the launch of innovative financial products and strategies that broaden investor access to the private markets, while delivering primary and secondary capital solutions for private companies,” said Kelly Rodriques, CEO of Forge. “Leveraging our data, technology and global network alongside Accuidity’s expertise, we aim to deliver new investment opportunities to our growing global client base, with a strategic focus on the wealth channel.”

Through the acquisition, Forge is reinforcing its commitment to democratizing access to the private markets by expanding beyond single-asset strategies. The addition of Accuidity’s co-investment vehicles and early-stage venture funds enables Forge to offer a more diversified set of investment solutions through the Forge private market platform.

Furthermore, Forge and Accuidity will collaborate to transition Accuidity’s flagship Megacorn Fund—an institutionally managed index fund designed to replicate, over time, the performance of the Forge Accuidity Private Market Index—into an interval fund, compliant with the Investment Company Act of 1940 and subject to SEC approval. The Megacorn Fund could provide broader investor access to private market exposure at lower cost and with reduced investment minimums.

“Forge has been a leader in creating the indexes and pricing innovations on which new financial products are being built,” said Vince Gubitosi, Co-President of Accuidity. “Together, we believe we can integrate our asset management capabilities and unique investment strategy with the Forge platform, delivering investment opportunities through Forge’s network of clients, companies, registered investment advisors and more.”

“We see enormous potential to scale Accuidity’s strategies across new investor segments and channels,” said Mark DeNatale, Co-President of Accuidity. “We chose Forge as a partner because of their trusted reputation, scale, and operational integrity. Jointly, we’re unlocking the infrastructure needed to meet growing demand with flexible, transparent private market investment solutions.”

Building on the foundation of Forge’s custody business with $17.6 billion2 AUC and Forge Global Advisors’ $1.1 billion AUM2, the acquisition of Accuidity, which adds an additional $220 million3 in AUM, represents a meaningful step forward in the development of Forge’s broader wealth and asset management strategy. With a focus on delivering private market exposure through a range of fund vehicles, Forge is expanding its platform beyond direct client relationships to include financial advisors, registered investment advisors and other distribution partners. Forge believes these efforts will provide the necessary infrastructure and capabilities to make private markets more accessible, intuitive, and aligned with how today’s advisors and private market participants want to engage.

The acquisition was completed for $10.0 million in cash (subject to customary adjustments) and 1.15 million shares of newly issued shares of Forge common stock issued in a private placement transaction (a portion of which are subject to forfeiture and transfer restrictions). In addition, the acquisition includes the potential for post-closing earn-out consideration of up to a maximum of 1 million additional shares of Forge common stock issuable upon the achievement of certain performance-related milestones through the end of 2027. During the twelve-month period ended May 31, 2025, Accuidity reported revenue of approximately $5.7 million4, and Forge believes the acquisition will be accretive to EPS.

Forward-Looking Statements

This press release contains “forward-looking statements,” which generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “target,” “goal,” “expect,” “should,” “would,” “plan,” “predict,” “project,” “forecast,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict, indicate, or relate to future events or trends or Forge’s future financial or operating performance, or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the acquisition of Accuidity and its expected benefits and synergies, including the impact of the acquisition on Forge’s current and future product offerings, business and financial results and condition. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, while considered reasonable by Forge and its management, are subject to risks and uncertainties that may cause actual results to differ materially from current expectations, including but not limited to the risks and uncertainties associated with the integration of the Accuidity business and whether Forge will achieve its desired or expected business, operational and financial outcomes from the acquisition. You should carefully consider the risks and uncertainties described in Forge’s documents filed, or to be filed, with the SEC. There may be additional risks that Forge presently does not know of or that it currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect Forge’s expectations, plans, or forecasts of future events and views as of the date of this press release. Forge anticipates that subsequent events and developments will cause its assessments to change. However, while Forge may elect to update these forward-looking statements at some point in the future, Forge specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Forge’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

About Forge

Forge (NYSE: FRGE) is a leading provider of marketplace infrastructure, data services, technology, and investment solutions for private market participants. Forge Securities LLC is a registered broker-dealer and a Member of FINRA that operates an alternative trading system.

1 Future of Alternatives 2029 Report – Preqin. https://preqin.com/insights/research/reports/future-of-alternatives-2029

2 As of March 31, 2025

3 Figure is based on the most recent AUM calculation performed for each Fund on or before June 1, 2025. For Funds that are valued on a quarterly basis, the most recent AUM calculation is as of March 31, 2025.

4 Based solely on the unaudited cash basis financial information provided to Forge by Accudity. Accuidity’s historical financial information is unaudited, has been prepared on a cash basis method and has not been prepared in accordance with Generally Accepted Accounting Principles in the United States or on the same basis as Forge’s historical financial information, and therefore may not be consistent with future, historical or pro forma revenue when included in Forge’s consolidated financial statements or otherwise filed or furnished following closing of the acquisition and remains subject to change.

Corporate Development

Brian Coyle

[email protected]

Investor Relations

Idalia Rodriguez, Arbor Advisory Group

[email protected]

Media

Lindsay Riddell

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Professional Services Data Management Communications Technology Software Finance Public Relations/Investor Relations

MEDIA:

Logo
Logo

Students Earn Fifth Third Education Scholarships from the Fifth Third Foundation

Students Earn Fifth Third Education Scholarships from the Fifth Third Foundation

CINCINNATI–(BUSINESS WIRE)–
The Fifth Third Foundation has made education programs a top priority since its founding in 1948. To honor students with high achievements, Fifth Third established its Scholarship Program. These one-time $2,500 scholarships are awarded annually to children of Fifth Third employees for educational purposes at college or university. This year’s scholarships total $62,500. Nearly 500 students have been recognized since 2005.

Chosen and administered by the National Merit Scholarship Corp., the Fifth Third Scholarship Program recognizes the academic achievements of the following students, listed with their employee parent or parents and their work location:

  • Emily Balent, Child of Maureen Balent, Cincinnati, Ohio

  • Addison J. Wagner*, Child of Dana Berning, Cincinnati, Ohio

  • Kolin L. Cafferky, Child of Traci Cafferky, Cincinnati, Ohio

  • Dominic Capretti, Child of Donna Capretti, Crown Point, Indiana

  • Brandon Fu*, Child of Heather Chu, Weston, Massachusetts

  • Brennan Connor, Child of Trista Connor, Cincinnati, Ohio

  • Alyssa L. Davis, Child of April Davis, Raleigh, North Carolina

  • Parthav Gavini, Child of Raghuram Gavini and Swapna Peram, Cincinnati, Ohio

  • Andrew T. Gillespie, Child of Benjamin Gillespie, Madisonville, Ohio

  • Dominic M. Giordano, Child of Michelle Giordano, Cincinnati, Ohio

  • Michael Granger*, Child of Lidia Granger, South Elgin, Illinois

  • Aishani Kamath, Child of Sarojini Hejamady and Dinesh Kamath, Cincinnati, Ohio

  • Avaneesh Konda*, Child of Anand Kumar Konda, Cincinnati, Ohio

  • Madeline Leete, Child of Ashley Leete, Tyler, Texas

  • Julia E. McTaggart, Child of Allison McTaggart, Hart, Michigan

  • Jenna O’Driscoll*, Child of Eric O’Driscoll, Cincinnati, Ohio

  • Ethan J. Park*, Child of Sung Park, Lincolnwood, Illinois

  • Rudraa Patel, Child of Vidhi Patel and Niral Patel, Cincinnati, Ohio

  • Hadley P. Robinson, Child of Brian Robinson, Cincinnati, Ohio

  • Tanya Zhang*, Child of Rui Shen, Cincinnati, Ohio

  • Quinn A. Smith*, Child of Rodney Smith, Greenwood, Indiana

  • Suzanne I. Summers, Child of Lori Summers, Evergreen Park, Illinois

  • Aliya Harris, Child of Damien Todd, Nashville, Tennessee

  • Nubia Xochitl Zapata, Child of Ruben Zapata, Cicero, Illinois

‘’Here at the Fifth Third Foundation, we recognize access to higher education is essential for the growth of the next generation,’’ said Kala Gibson, chief corporate responsibility officer at Fifth Third Bank, ‘’We are committed to supporting our employees and their families by helping their children pursue both personal and professional development.’’

The National Merit Scholarship Corp. is an independent nonprofit organization. The National Merit Scholarship Program was designed to identify and honor exceptionally able high school students, and to provide a system of services for corporations, foundations and other organizations that wish to sponsor college undergraduate scholarships to students who interest them. All aspects of the selection of winners and the administration of their awards are handled by the NMSC.

*National Merit Scholarship finalist

About the Fifth Third Foundation

Established in 1948, the Fifth Third Foundation was one of the first charitable foundations created by a financial institution. The Fifth Third Foundation supports worthy causes in the areas of health and human services, education, community development and the arts in the states where Fifth Third Bank operates.

About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol “FITB.” Investor information and press releases can be viewed at www.53.com. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.

Amanda Nageleisen (Media Relations)

[email protected]

Matt Curoe (Investor Relations)

[email protected] | 513-534-2345

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Finance Banking Other Education Professional Services Education

MEDIA:

Logo
Logo

TransAct Technologies Secures New BOHA! Win with Regional Convenience Store Chain

TransAct Technologies Secures New BOHA! Win with Regional Convenience Store Chain

HAMDEN, Conn.–(BUSINESS WIRE)–
TransAct® Technologies Incorporated (Nasdaq: TACT), a global leader delivering software-driven technology and printing solutions, today announced a new customer win with a Northeast-based convenience store chain. The operator has selected TransAct’s BOHA!® Terminal 2 and Grab ‘n Go Labeling software, along with custom labels, to support fresh food labeling and in-store operations across all of its grab ‘n go locations. The order includes 60 BOHA! Terminal 2 units, each bundled with a three-year Premier Express Warranty, as well as TransAct’s custom labels.

“We understand the pressure convenience store operators face to deliver fresh food quickly without compromising consistency,” said John Dillon, CEO of TransAct Technologies. “Our BOHA! platform gives them a practical, scalable solution to streamline operations and maintain quality in every store. With BOHA! Terminal 2 now standard across its grab ‘n go footprint, this new customer is raising the bar on labeling consistency, store-level execution, and overall foodservice quality.”

This new customer win reflects continued momentum for TransAct’s BOHA! solution among regional and national c-store chains as the industry prioritizes grab ‘n go innovation, labor efficiency, and tighter operational control.

For more information about BOHA! Labeling and TransAct’s full suite of foodservice technology, visit www.transact-tech.com.

About TransAct Technologies Incorporated

TransAct Technologies Incorporated is a global leader in developing and selling software-driven technology and printing solutions for high-growth markets including food service, casino and gaming, and POS automation. The Company’s solutions are designed from the ground up based on customer requirements and are sold under the BOHA!®, AccuDate®, EPICENTRAL®, Epic Edge® and Ithaca® brands. TransAct has sold over 3.9 million printers, terminals and other hardware devices around the world and is committed to providing world-class service, spare parts, and accessories to support its installed product base. Through the TransAct Services Group, the Company also provides customers with a complete range of supplies and consumable items both online at http://www.transactsupplies.com and through its direct sales team. TransAct is headquartered in Hamden, CT. For more information, please visit http://www.transact-tech.com or call (203) 859-6800.

©2025 TRANSACT Technologies Incorporated. All rights reserved. TransAct®, BOHA!®, AccuDate®, Epic Edge®, EPICENTRAL® and Ithaca® are trademarks of TransAct Technologies Incorporated.

Investor Contact:

Ryan Gardella

[email protected]

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Hardware Retail Technology Software Convenience Store

MEDIA: