Market Newsdesk

March 20, 2025 4:02 pm

WBA Deadline: WBA Investors Have Opportunity to Lead Walgreens Boots Alliance, Inc. Securities Fraud Lawsuit

PR Newswire

NEW YORK
, March 20, 2025 /PRNewswire/ —

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Walgreens Boots Alliance, Inc. (NASDAQ: WBA) between April 2, 2020 and January 16, 2025, both dates inclusive (the “Class Period”), of the important March 31, 2025 lead plaintiff deadline.

So What: If you purchased Walgreens common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Walgreens class action, go to https://rosenlegal.com/submit-form/?case_id=27235 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 31, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Details of the case: According to the lawsuit, defendants, throughout the Class Period, failed to disclose to investors that: (1) contrary to Walgreens’ purported commitment to improved regulatory compliance, Walgreens continued to engage in widespread violations of federal law governing the dispensation of prescription medication and reimbursement of the same; (2) the foregoing conduct, when revealed, would subject Walgreens to a heightened risk of further regulatory scrutiny, civil liability, and reputational harm; (3) Walgreens’ revenues from the sale of prescription medications were unsustainable to the extent that they derived from unlawful conduct; and (4) as a result, Walgreens’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

To join the Walgreens class action, go to https://rosenlegal.com/submit-form/?case_id=27235 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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

Contact Information:

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

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SOURCE THE ROSEN LAW FIRM, P. A.

March 20, 2025 3:44 pm

Oxbridge Re Announces 2024 Fourth Quarter Results on March 26, 2025

GRAND CAYMAN, Cayman Islands, March 20, 2025 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (NASDAQ: OXBR), (the “Company”), which together with its subsidiaries is engaged in the business of tokenized Real-World Assets (“RWAs”), initially in the form of tokenized reinsurance securities, and reinsurance business solutions to property and casualty today, announced that it plans to hold a conference call on Wednesday March 26, 2025 at 4:30 p.m. Eastern Time to discuss results for the fourth quarter and year ending December 31, 2024. Financial results will be issued in a press release after the close of the market on the same day. Oxbridge Re’s management will host the conference call, followed by a question and answer period.

Interested parties can listen to the live presentation by dialing the listen-only number below.

Date: March 26, 2025

Time: 4:30 p.m. Eastern Time

Listen-only toll-free number: 877 524-8416

Listen-only international number: +1 412 902-1028

Please call the conference telephone number 10 minutes before the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact InComm Conferencing at +1-201-493-6280

A replay of the call will be available by telephone after 4:30 p.m. Eastern Time on the same day of the call until April 9, 2025.

Toll-free replay number: 877-660-6853

International replay number: +1 201-612-7415

Replay passcode: 13752504

About Oxbridge Re Holdings Limited

Oxbridge Re Holdings Limited
(NASDAQ: OXBR, OXBRW) (“Oxbridge Re”) is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets (“RWAs”) as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its wholly owned subsidiaries SurancePlus Inc, Oxbridge Re NS, and Oxbridge Reinsurance Limited.

Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS.

Our Web3-focused subsidiary, SurancePlus Inc. (“SurancePlus”), has developed the first “on-chain” reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non-U.S. investors.

Company Contact:
Oxbridge Re Holdings Limited
Jay Madhu, CEO
+1 345-749-7570
[email protected]

March 20, 2025 3:38 pm

Clopay Corporation VertiStack Avante Garage Door Named Best of IBS Award Winner

PR Newswire

MASON, Ohio
, March 20, 2025 /PRNewswire/ — Clopay Corporation, a wholly-owned subsidiary of Griffon Corporation (NYSE: GFF) and North America’s largest manufacturer and marketer of garage doors and rolling steel doors, announced that its VertiStack Avante garage door won the Best of IBS “Best in Show” award at the 2025 NAHB International Builders’ Show® (IBS) held February 25 – 27 in Las Vegas.

The Best of IBS Awards annually recognizes products that redefine industry standards in design, technology, and functionality. The VertiStack Avante garage door earned top honors for its groundbreaking vertical stacking design that fundamentally reinvents how garage doors operate.

Unlike traditional garage doors, the VertiStack Avante door features an innovative space-saving design in which glass panel sections stack compactly on the wall above the opening. This engineering breakthrough eliminates the need for overhead tracks, exposed hinges and cables, creating a sleek, modern aesthetic while maximizing ceiling space and natural light.

“We are proud to receive this recognition from the International Builders Show, considered alongside the best brands in building products. VertiStack brings together our deep understanding of customer needs coupled with superior innovation,” said Victor L. Weldon, President of Clopay Corporation. “Our company is driven to continue investing in new products that transform spaces at home and at work.”

The door’s groundbreaking design has already gained significant recognition, being featured on The New American Home 2025, the official IBS showcase home. This installation demonstrates the VertiStack Avante garage door’s ability to create seamless indoor-outdoor transitions while maintaining clean lines and open spaces.

For more information about the VertiStack Avante door system, visit https://www.clopaydoor.com/vertistack-avante.

About Clopay Corporation

Founded in 1964, Clopay Corporation (“Clopay”) is the largest manufacturer and marketer of garage doors and rolling steel doors in North America. The company sells residential and commercial overhead sectional doors through leading home center retail chains and a network of over 3,000 independent professional dealers under the brands Clopay®, Ideal Door®, and Holmes Garage Door Company®. Rolling steel doors and grilles for commercial, industrial, institutional, and retail use are sold under the Cornell® and Cookson® brands.

Clopay is headquartered in Mason, Ohio, and operates four manufacturing facilities and 56 distribution centers.

About Griffon Corporation

Griffon Corporation is a diversified management and holding company that conducts business through wholly-owned subsidiaries. Griffon oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. Griffon provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as divestitures. In order to further diversify, Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital. Griffon conducts its operations through two reportable segments:

Home and Building Products (“HBP”) conducts its operations through Clopay. Founded in 1964, Clopay is the largest manufacturer and marketer of garage doors and rolling steel doors in North America. Residential and commercial sectional garage doors are sold through professional dealers and leading home center retail chains throughout North America under the brands Clopay®, Ideal Door®, and Holmes Garage Door Company®. Rolling steel doors and grilles for commercial, industrial, institutional, and retail use are sold under the Cornell® and Cookson® brands.
Consumer and Professional Products (“CPP”) is a global provider of branded consumer and professional tools; residential, industrial and commercial fans; home storage and organization products; and products that enhance indoor and outdoor lifestyles. CPP sells products globally through a portfolio of leading brands including AMES, since 1774, Hunter, since 1886, True Temper, and ClosetMaid.

For more information on Griffon and its subsidiaries, visit www.griffon.com.

Forward-Looking Statements

“Safe Harbor” Statements under the Private Securities Litigation Reform Act of 1995: All statements related to, among other things, income (loss), earnings, cash flows, revenue, changes in operations, operating improvements, industries in which Griffon Corporation (the “Company” or “Griffon”) operates and the United States and global economies that are not historical are hereby identified as “forward-looking statements,” and may be indicated by words or phrases such as “anticipates,” “supports,” “plans,” “projects,” “expects,” “believes,” “achieves”, “should,” “would,” “could,” “hope,” “forecast,” “management is of the opinion,” “may,” “will,” “estimates,” “intends,” “explores,” “opportunities,” the negative of these expressions, use of the future tense and similar words or phrases. Such forward-looking statements are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statements. These risks and uncertainties include, among others: current economic conditions and uncertainties in the housing, credit and capital markets; Griffon’s ability to achieve expected savings and improved operational results from cost control, restructuring, integration and disposal initiatives (including the expanded CPP global outsourcing strategy announced in May 2023); the ability to identify and successfully consummate, and integrate, value-adding acquisition opportunities; increasing competition and pricing pressures in the markets served by Griffon’s operating companies; the ability of Griffon’s operating companies to expand into new geographic and product markets, and to anticipate and meet customer demands for new products and product enhancements and innovations; increases in the cost or lack of availability of raw materials such as steel, resin and wood, components or purchased finished goods, including any potential impact on costs or availability resulting from tariffs; changes in customer demand or loss of a material customer at one of Griffon’s operating companies; the potential impact of seasonal variations and uncertain weather patterns on certain of Griffon’s businesses; political events or military conflicts that could impact the worldwide economy; a downgrade in Griffon’s credit ratings; changes in international economic conditions including inflation, interest rate and currency exchange fluctuations; the reliance by certain of Griffon’s businesses on particular third party suppliers and manufacturers to meet customer demands; the relative mix of products and services offered by Griffon’s businesses, which impacts margins and operating efficiencies; short-term capacity constraints or prolonged excess capacity; unforeseen developments in contingencies, such as litigation, regulatory and environmental matters; Griffon’s ability to adequately protect and maintain the validity of patent and other intellectual property rights; the cyclical nature of the businesses of certain of Griffon’s operating companies; possible terrorist threats and actions and their impact on the global economy; effects of possible IT system failures, data breaches or cyber-attacks; the impact of pandemics, such as COVID-19, on the U.S. and the global economy, including business disruptions, reductions in employment and an increase in business and operating facility failures, specifically among our customers and suppliers; Griffon’s ability to service and refinance its debt; and the impact of recent and future legislative and regulatory changes, including, without limitation, changes in tax laws. Such statements reflect the views of the Company with respect to future events and are subject to these and other risks, as previously disclosed in the Company’s Securities and Exchange Commission filings. Readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements speak only as of the date made. Griffon undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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SOURCE Clopay Corporation

March 20, 2025 3:37 pm

Toll Brothers Announces Opening of Enclave at Kelsey Creek Luxury Home Community in Bellevue, Washington

BELLEVUE, Wash., March 20, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, announced its latest Seattle-area community, Enclave at Kelsey Creek, is now open in Bellevue, Washington. The community offers an intimate setting surrounded by 17 acres of green space and is conveniently located near top employers, local shops, and prestigious schools.

The first homes are under construction in this boutique community of only 11 homes with anticipated move-in dates for fall 2025. Toll Brothers is hosting an exclusive Hard Hat Tour on Sunday, April 6 from 1:00 p.m. to 3:00 p.m. at 12 148th Ave. NE in Bellevue.

Enclave at Kelsey Creek features sophisticated three-story home designs ranging in size from 2,864 to 3,019+ square feet, with 4 bedrooms, 3.5 baths, and 2-car garages. The homes include high-end fixtures and finishes, covered outdoor living spaces, flex rooms, and private first-floor bedrooms with full bathrooms, providing versatile living options. Homes are priced from $2,374,995.

Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio in Kirkland, Washington. The state-of-the-art Design Studio allows customers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.

“Enclave at Kelsey Creek offers an exceptional blend of luxury and convenience in one of the most sought-after locations in Bellevue,” said Kelley Moldstad, Group President of Toll Brothers in Washington. “Our new home designs provide a unique opportunity for home shoppers to create their own one-of-a-kind residence while enjoying the best of everything this beautiful area has to offer.”

Enclave at Kelsey Creek is located near Phantom Lake Elementary School, within walking distance to Odle Middle and Sammamish High Schools, and close to shopping, dining, and entertainment at The Bellevue Collection in downtown Bellevue.

For more information on Enclave at Kelsey Creek, prospective home buyers are invited to call (844) 845-5263 or visit TollBrothers.com/WA.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.

Toll Brothers has been one of Fortune magazine’s World’s Most Admired Companies™ for 10+ years in a row, and in 2024 the Company’s Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron’s magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | [email protected]

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/382ff39b-a1a8-474f-b4e1-de55380b1877
https://www.globenewswire.com/NewsRoom/AttachmentNg/c6271d56-84d4-4d74-8af9-16988fa2ad11
https://www.globenewswire.com/NewsRoom/AttachmentNg/5aaab2a8-12eb-41b9-b1ca-234cf3a67481

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)

March 20, 2025 3:29 pm

Oportun Comments on Letter from Findell Capital

SAN CARLOS, Calif., March 20, 2025 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven financial services company, today issued the following statement regarding a public letter from Findell Capital Management LLC (“Findell”):

Oportun’s management team and Board of Directors maintain consistent and open dialogue with our shareholders and welcome constructive feedback. We have engaged actively, repeatedly and in good faith with Findell for some time, striving to foster a constructive and collaborative relationship, with the goal of enhancing value for all shareholders.

The Board and management have driven significant improvements in Oportun’s performance by taking decisive action to refine the Company’s product portfolio, streamline costs, strengthen its capital position and boost profitability. At the same time, we have made meaningful Board and corporate governance changes to ensure the Board is best positioned to continue its effective, independent oversight of the Company’s strategy and management, including appointing four independent directors since 2024.

Results Speak for Themselves

Our Board continuously and proactively evaluates Oportun’s performance, business and strategic direction to ensure the Company is best positioned to deliver sustainable shareholder value. We implemented several initiatives to drive improved profitability and optimize our capital structure – and our financial results demonstrate meaningful progress from those initiatives, including:

Delivering fourth quarter results that exceeded our outlook and marked a return to GAAP profitability.
Enhancing efficiency and strengthening business economics: Since mid-2022, we have decreased operating expenses by approximately 40%, by eliminating over $240 million in annualized costs. It is worth noting Findell in March 2023 called for a target of below $450 million in annual operating expenditures, and we exceeded that amount by reducing our 2024 operating expenditures to $410 million. Additionally, we increased our portfolio yield by nearly 200 basis points, leading to significant improvements in Oportun’s profitability across all reported metrics.
Enhancing credit performance: Our more recent credit vintages have outperformed their predecessors and, as a result, the losses on our front book twelve-plus months after disbursement are now running up to 500 basis points lower than losses on our back-book. This improvement is driven by our continued fine tuning of our credit model.
Executing a comprehensive review of strategic options to strengthen financial flexibility: We conducted a comprehensive review of strategic options, through a thorough and competitive process, which led to the successful refinancing of our corporate financing facility. This enhanced balance sheet and operating flexibility are driving improved profitability and positioning Oportun for long-term success.
Streamlining operations to focus on core offerings: We divested non-core business segments, including the sale of our credit card portfolio in November 2024, to concentrate on our core personal loan, secured personal loan, and savings products.

These actions have delivered substantial value for our shareholders. Oportun has driven strong returns that have outperformed major indices over the past two years – and over the past 12 months, we have achieved a 121% total shareholder return, outpacing both industry peers and key benchmarks.

Looking ahead, we believe that our strong business model, balance sheet and liquidity will allow us to sustain our momentum and execute our strategy with discipline and focus as we work toward our 2025 goals. For example, our full-year earnings guidance implies a year-over-year increase in net income of approximately $102 million to $112 million in 2025.

Additionally, as we stated in our earnings call on February 12, 2025, we expect to achieve an Adjusted ROE in the teens, up from 8% in 2024, by delivering prudent full-year originations growth, returning to revenue growth by year-end, and targeting a $20 million full-year decline in operating expenses.

Oportun Has a Strong and Independent Board

Oportun has continued to evolve the Board of Directors to maintain its strength and independence. Our Nominating and Governance Committee regularly reviews our Board composition to ensure that we have the right mix of experience and expertise to guide Oportun and it will continue to do so. We have added four independent directors with consumer finance experience since February 2024 – Mohit Daswani and Carlos Minetti, as well as Scott Parker and Richard Tambor on Findell’s suggestion.

Our Board has deep familiarity with our business, industry and target customer base and is essential in serving the best interests of our shareholders, employees and members.

The Board is highly engaged and committed to its management oversight responsibilities as we continue to focus on executing and delivering sustainable value. Oportun’s management team has the full support of the Board as they navigate the Company through the current environment, while supporting our members and driving sustainable value for our shareholders.

Wilson Sonsini Goodrich & Rosati is serving as legal advisor and FGS Global is serving as strategic communications advisor to Oportun.

About Oportun

Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members’ financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $19.7 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members save an average of more than $1,800 annually. For more information, visit Oportun.com.

Forward-Looking Statements

This press release contains forward-looking statements. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including statements as to our future performance and financial position; the impact of the refinancing of our corporate financing facility; the strength of our business model, balance sheet, liquidity and execution of our strategy; expectations regarding our full-year earnings, net income, Adjusted ROE, and originations growth for 2025; the composition of our Board of Directors and its impact on our ability to deliver long-term value to our shareholders; and our governance practices, are forward-looking statements. These statements can be generally identified by terms such as “expect,” “plan,” “goal,” “target,” “anticipate,” “assume,” “predict,” “project,” “outlook,” “continue,” “due,” “may,” “believe,” “seek,” or “estimate” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would,” “likely” and “could.” These statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events, financial trends and risks and uncertainties that we believe may affect our business, financial condition and results of operations. These risks and uncertainties include those risks described in our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. These forward-looking statements speak only as of the date on which they are made and, except to the extent required by federal securities laws, we disclaim any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. In light of these risks and uncertainties, there is no assurance that the events or results suggested by the forward-looking statements will in fact occur, and you should not place undue reliance on these forward-looking statements.

Additional Information and Where to Find It

Oportun Financial Corporation (“Oportun”), its directors and certain executive officers are participants in the solicitation of proxies from stockholders in connection with Oportun’s 2025 Annual Meeting of Stockholders (the “Annual Meeting”). Oportun plans to file a proxy statement (the “2025 Proxy Statement”) with the Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies for the Annual Meeting.

Jo Ann Barefoot, Mohit Daswani, Ginny Lee, Carlos Minetti, Louis Miramontes, Scott Parker, Sandra A. Smith, Richard Tambor, Raul Vazquez and R. Neil Williams, all of whom are members of Oportun’s board of directors, are participants in Oportun’s solicitation. Other than Mr. Vazquez, none of such participants owns in excess of one percent of Oportun’s common stock. Mr. Vazquez may be deemed to own approximately five percent of Oportun’s common stock. Additional information regarding such participants, including their direct or indirect interests, by security holdings or otherwise, will be included in the 2025 Proxy Statement and other relevant documents to be filed with the SEC in connection with the Annual Meeting. Information relating to the foregoing can also be found in Oportun’s definitive proxy statement for its 2024 Annual Meeting of Stockholders (the “2024 Proxy Statement”), which was filed with the SEC on May 13, 2024. To the extent that holdings of Oportun’s securities have changed since the amounts printed in the 2024 Proxy Statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC.

Promptly after filing its definitive 2025 Proxy Statement with the SEC, Oportun will mail the definitive 2025 Proxy Statement and a proxy card to each stockholder entitled to vote at the Annual Meeting. STOCKHOLDERS ARE URGED TO READ THE 2025 PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT OPORTUN WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain, free of charge, Oportun’s proxy statement (in both preliminary and definitive form), any amendments or supplements thereto, and any other relevant documents filed by Oportun with the SEC in connection with the Annual Meeting at the SEC’s website (http://www.sec.gov). Copies of Oportun’s definitive 2025 Proxy Statement, any amendments or supplements thereto, and any other relevant documents filed by Oportun with the SEC in connection with the Annual Meeting will also be available, free of charge, at Oportun’s website (https://investor.oportun.com/) or by writing to Investor Relations, Oportun Financial Corporation, 2 Circle Star Way, San Carlos, California 94070.

Investor Contact

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

Media Contact

John Christiansen / Bryan Locke
FGS Global
[email protected]

March 20, 2025 3:19 pm

/C O R R E C T I O N — Whatfix/

PR Newswire

In the news release, Whatfix Enters Federal Sector, Empowering US Army PEO-Enterprise with AI-Powered Digital Adoption Solutions for the World’s Largest Personnel & Pay System, issued 18-Mar-2025 by Whatfix over PR Newswire, we are advised by the company that the full application name referenced in the first paragraph, second sentence should read “Integrated Personnel and Pay System – Army (IPPS-A)” rather than “Integrated Personnel and Pay Record Solutions (IPPS-A)” as originally issued inadvertently. The complete, corrected release follows:

Whatfix Enters Federal Sector, Empowering US Army PEO-Enterprise with AI-Powered Digital Adoption Solutions for the World’s Largest Personnel & Pay System

Digital Adoption Platform to support 1.1 million users of critical HR and payroll system

SAN JOSE, Calif.
, March 18, 2025 /PRNewswire/ — Whatfix, a global leader among Digital Adoption Platforms (DAPs), today announced its entry into the federal sector through a landmark initiative aimed at empowering the US Army’s PEO-Enterprise software footprint. With the support of Insight Public Sector, Whatfix will play a vital role in the rollout of Integrated Personnel and Pay System – Army (IPPS-A). This groundbreaking application integrates personnel and pay functionalities while delivering three essential capabilities: Total Force Visibility, Talent Management, and Auditability.

The collaboration marks a significant step in the digital transformation of the public sector systems, enhancing operational efficiency, and supporting mission-critical functions for the US Army globally. As federal agencies prioritize modernization and digital transformation, Whatfix’s solutions help government organizations enhance efficiency, reduce costs, and improve mission functionality. By equipping personnel with seamless digital adoption solutions, Whatfix ensures they can fully leverage advanced systems like IPPS-A, maximizing productivity and operational readiness.

It also reinforces Whatfix’s commitment to expanding in the public sector, solidifying its role as a trusted partner in transforming large-scale, mission-critical government systems with cutting-edge digital adoption solutions.

“We are honored to collaborate with the US Army IPPS-A in their pursuit of delivering next-generation digital services to those who serve,” said Khadim Batti, CEO and co-founder of Whatfix. “With the introduction of the new pay module, Whatfix’s Digital Adoption Platform (DAP) will support over 1.1 million active, reserve, and National Guard members worldwide, including 47,000 HR professionals, by transforming a vital HR and payroll system that affects lives daily. This partnership underscores Whatfix’s capability to execute and secure mission-critical implementations in the most complex and high-stakes environments. By enhancing IPPS-A’s accessibility and usability, Whatfix is not only elevating operational efficiency but also reinforcing trust and accuracy in data and payroll management, ensuring the Army’s personnel receive the exceptional support they expect seamlessly and reliably.”

The implementation addresses a key challenge faced by many large-scale IT systems, which is ensuring user proficiency and adoption. For IPPS-A, many support requests stem from users struggling to navigate the system seamlessly, rather than from technical issues with the platform itself. Whatfix’s solution is designed to bridge this gap, providing intuitive, context-sensitive guidance to users in real-time, as they interact with the IPPS-A platform to reduce digital friction, minimize errors, and ultimately enhance the overall efficiency of Army human resource and pay processes.

IPPS-A chose Whatfix’s Digital Adoption Platform to enhance its members’ experience and enable them to use new IPPS-A capabilities effectively. This strategic partnership with Whatfix, the leading pure-play provider of digital adoption solutions, aligns with IPPS-A’s commitment to stay ahead in modernizing its technology and improving member readiness. By leveraging Whatfix’s innovative platform, IPPS-A will make complex technology more user-friendly, streamline processes, and ultimately enhance mission success. IPPS-A is excited to work with Whatfix to achieve these goals.

Whatfix is working with Insight Public Sector, a division of leading solutions integrator Insight Enterprises (NASDAQ:NSIT), which solves technology challenges by combining the right hardware, software, and services. The collaboration unites the proprietary technology, infrastructure, and subject matter expertise necessary to provide the Army’s premier HR system with an integrated training solution.

Whatfix’s contribution extends beyond traditional IT support, leveraging its expertise in digital adoption for Human Capital Management (HCM) software. For the US Army, the company’s platform provides real-time, in-app guidance, automates workflows, and enhances HR process governance, ensuring seamless adoption of the IPPS-A system. With Product Analytics, the Army can capture and analyze HCM end-user behavior and adoption without engineering support, including user actions, attributes, event attributes, and auto-capture to create frictionless user experiences and workflows.

Established as a trusted leader in DAP, Whatfix is recognized across industry reports by Gartner, Forrester, IDC, and Everest Group. It was also the only DAP to be named a Customers’ Choice in the 2024 Gartner® Peer Insights™ Voice of the Customer report and ranked as a leader for the second consecutive year in 2025. Its inclusion in the Deloitte Fast 500 list for four consecutive years as the highest-ranking DAP underscores its rapid growth and sustained impact in the industry.

Whatfix recently raised $125 million in a Series E funding round, strengthening its position as the largest pure-play digital adoption platform. This investment fuels its expansion into complementary DAP offerings and accelerates its mission to transform digital adoption at scale—especially in the public sector.

About Whatfix

Whatfix

is advancing the “userization” of application technology, by empowering companies to maximize the ROI of digital investments across the application lifecycle. Powered by GenAI, Whatfix’s product suite includes a digital adoption platform, simulated application environments for hands-on training, and no-code application analytics. Whatfix enables organizations to drive user productivity, ensure process compliance, and improve user experience of internal and customer-facing applications. With seven offices across the US, India, UK, Germany, Singapore, and Australia, Whatfix supports 700+ enterprises, including 80+ Fortune 500s like Shell, Schneider Electric, and UPS Supply Chain Solutions. Backed by investors such as Warburg Pincus, Softbank Vision Fund 2, Dragoneer, Peak XV Partners, Eight Roads, and Cisco Investments, software clicks with Whatfix. For more information, visit the Whatfix website.

Media Contact

Fay Li

[email protected]

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SOURCE Whatfix

March 20, 2025 3:18 pm

Beazer Homes Unites Employees Nationwide for National Day of Service, Raising $3 Million for Fisher House Foundation

Beazer Homes Unites Employees Nationwide for National Day of Service, Raising $3 Million for Fisher House Foundation

Over 1,000 Beazer Homes Employees Volunteer Across 17 Cities, Supporting 50 Local Nonprofits and Culminating in a Charity Race Raising $3M for Fisher House Foundation

ATLANTA–(BUSINESS WIRE)–
Beazer Homes, one of the nation’s leading homebuilders, has taken its commitment to giving back to new heights. On Friday, March 14, nearly all of Beazer’s employees, along with partners and suppliers, united across 17 cities for the company’s National Day of Service. This nationwide effort demonstrated Beazer’s dedication to not just building homes, but also fostering thriving and healthy communities.

Volunteers lent a hand to a wide range of local nonprofits, with a special focus on Fisher House Foundation, a nonprofit that provides free housing for military service members, veterans, and their families during medical care. Beazer’s support extended beyond volunteering, with months of preparation leading up to the Rock ‘n’ Roll road races in Washington, D.C. Employees, their families, and partners participated in the event, which served as a fundraising initiative for Fisher House Foundation. The efforts of these participants, in conjunction with the resources of the Beazer charity Foundation, resulted in a total gift of more than $3 million.

“This Day of Service and the subsequent fundraising through the Rock ‘n’ Roll races reflect Beazer Homes’ unwavering commitment to both community well-being and military families,” said Ken Fisher, chairman and CEO of Fisher House Foundation. “We are incredibly grateful for the support of Beazer’s team, who have shared their time, talents, and resources to help honor and serve our military and veteran communities.”

Beazer’s CEO, Allan Merrill, was also active in the race and has been a driving force behind the company’s Day of Service since 2017.

“For Beazer Homes, this event is about more than just charity, it’s also about bringing our communities together and celebrating wellness,” Merrill said. “Our employees’ passion and dedication are evident in their hard work, and this event is a powerful reflection of our company’s culture. At Beazer, we don’t just build homes; we build communities that inspire sustainability and healthy living.”

In addition to supporting Fisher House Foundation, Beazer’s volunteers worked with a variety of other local organizations across the 17 cities, including:

Atlanta Community Food Bank
CHOC Foundation
Communities in Schools
Foundation for Hospital Art
GiGi’s Playhouse
Give Kids the World
HomeAid
Hunt with Heart
Inspiredu
Jonathan’s Place
Koinonia Family Services
Loudoun County Animal Services
Lost N Found Youth
Morgan’s Wonderland
Nashville Rescue Mission
Note in the Pocket
Operation Warm
Phoenix Children’s Hospital
Second Harvest Food Bank
Second Helpings
Seniors First
Southern Nevada Trades High School
Sunshine on a Ranney Day

Beazer Homes’ National Day of Service was a shining example of how corporate responsibility, employee engagement, and philanthropy can come together to make a meaningful difference in communities across the country, while reinforcing the company’s broader commitment to sustainability, healthy living, and building lasting value for the future.

About Beazer Homes

Headquartered in Atlanta, Beazer Homes (NYSE: BZH) is one of the country’s largest homebuilders. Every Beazer home is designed and built to provide Surprising Performance, giving you more quality and more comfort from the moment you move in – saving you money every month. With Beazer’s Choice Plans™, you can personalize a number of primary living areas – giving you a choice of how you want to live in the home, at no additional cost. And unlike most national homebuilders, we empower our customers to shop and compare loan options. Our Mortgage Choice program gives you the resources to easily compare multiple loan offers and choose the best lender and loan offer for you, saving you thousands over the life of your loan.

We build our homes in Arizona, California, Delaware, Florida, Georgia, Indiana, Maryland, Nevada, North Carolina, South Carolina, Tennessee, Texas, and Virginia. For more information, visit beazer.com, or check out Beazer on Facebook, Instagram and Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250320430121/en/

Alyssa Thys

Communications Director

770-392-2007

[email protected]

KEYWORDS: United States North America District of Columbia Georgia

INDUSTRY KEYWORDS: Construction & Property Veterans Military Philanthropy Running Fund Raising Other Philanthropy Foundation Residential Building & Real Estate

MEDIA:

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March 20, 2025 3:03 pm

BofA Names Jason Edelmann President of Fort Lauderdale

PR Newswire

FORT LAUDERDALE, Fla.
, March 20, 2025 /PRNewswire/ — Bank of America has named Jason Edelmann president of Bank of America Fort Lauderdale. As president and head of the market, Edelmann will connect clients, teammates, and communities to the full power of the franchise and drive integration across the bank’s eight lines of business.

“Jason is well positioned to deliver the full breadth of Bank of America to our Fort Lauderdale clients and community and grow market share,” said Brian Moynihan, Bank of America chair and chief executive officer. “His leadership will help our Fort Lauderdale clients improve their financial lives and deliver responsible growth.”

Edelmann joined the company in 2007 and has held numerous leadership roles within Merrill. He continues his role as Merrill Florida Tropics market executive, where he leads a team of more than 300 advisors and associates across five South Florida offices.

Actively engaged in his local community, Edelmann serves on the advisory board of Riverwalk Fort Lauderdale.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Reporters may contact:

Matthew Daily, Bank of America
Phone: 1.404.607.2844
[email protected]

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SOURCE Bank of America Corporation

March 20, 2025 3:03 pm

NorthEast Community Bancorp, Inc. Announces Increased Quarterly Cash Dividend

WHITE PLAINS, N.Y., March 20, 2025 (GLOBE NEWSWIRE) — NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend will be paid on or about May 6, 2025 to shareholders of record as of the close of business on April 7, 2025.

“We are pleased to increase our quarterly dividend to shareholders,” said Kenneth A. Martinek, Chairman and Chief Executive Officer of the Company. “The payment of dividends continues to represent one part of our long-term commitment to enhancing shareholder value.”

About NorthEast Community Bancorp, Inc.

NorthEast Community Bancorp, headquartered at 325 Hamilton Avenue, White Plains, New York 10601, is the holding company for NorthEast Community Bank, which conducts business through its eleven branch offices located in Bronx, New York, Orange, Rockland, and Sullivan Counties in New York and Essex, Middlesex, and Norfolk Counties in Massachusetts and three loan production offices located in New City, New York, White Plains, New York, and Danvers, Massachusetts. For more information about NorthEast Community Bancorp and NorthEast Community Bank, please visit www.necb.com.

Cautionary Note About Forward-Looking Statements

This press release contains certain forward-looking statements. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause actual results to differ materially from expected results include, but are not limited to, changes in market interest rates, regional and national economic conditions (including higher inflation and its impact on regional and national economic conditions), legislative and regulatory changes, monetary and fiscal policies of the United States government, including policies of the United States Treasury and the Federal Reserve Board, the quality and composition of the loan or investment portfolios, demand for loan products, decreases in deposit levels necessitating increased borrowing to fund loans and securities, competition, demand for financial services in NorthEast Community Bank’s market area, changes in the real estate market values in NorthEast Community Bank’s market area, the impact of failures or disruptions in or breaches of the Company’s operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns, and changes in relevant accounting principles and guidelines. Additionally, other risks and uncertainties may be described in our annual and quarterly reports filed with the U.S. Securities and Exchange Commission (the “SEC”), which are available through the SEC’s website located at www.sec.gov. These risks and uncertainties should be considered in evaluating any forward-looking statements and undue reliance should not be placed on such statements. Except as required by applicable law or regulation, the Company does not undertake, and specifically disclaims any obligation, to release publicly the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of the statements or to reflect the occurrence of anticipated or unanticipated events.


CONTACT:	Kenneth A. Martinek
	Chairman and Chief Executive Officer
PHONE:	(914) 684-2500

March 20, 2025 2:53 pm

Cannae Holdings, Inc. Responds to Carronade Capital and Affirms the Board of Directors’ and Management’s Focus on Driving Long-Term Value Creation

Cannae Holdings, Inc. Responds to Carronade Capital and Affirms the Board of Directors’ and Management’s Focus on Driving Long-Term Value Creation

LAS VEGAS–(BUSINESS WIRE)–
Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today issued a response to Carronade Capital’s recent statement and director nomination notice. The Company also highlighted the significant actions already taken to position the Company for long-term value creation.

In February 2024, Cannae began taking decisive action, with a sharp eye towards improving and monetizing its investment holdings, returning capital to shareholders, and reducing operational expenses. These steps aim to grow the net asset value (“NAV”) of our portfolio and close Cannae’s share price discount to NAV. At that time, the Cannae Board appointed William P. Foley, II, as Chief Executive Officer to execute our strategic plan. Cannae also announced the wind-down of its Management Services Agreement with Trasimene Capital Management. This change internalized all management and investment functions, which significantly reduced Cannae’s total management expenses, and further aligned incentives by shifting compensation for key executives primarily to Cannae stock.

Cannae’s strategy has three main levers, including (1) returning capital to shareholders; (2) rebalancing the portfolio away from public investments, primarily to private company investments with cash flows; and (3) improving the operational performance of our portfolio companies. We have made strong progress across all three areas of focus. We believe our strategy will deliver better long-term returns to our shareholders than the actions proposed by Carronade Capital.

We actively engage and appreciate feedback from all of our shareholders on ways we can increase value. With this mindset, over the past several weeks, we have discussed our strategy with Carronade, and what we believe is in the best interests of all shareholders, in an attempt to arrive at a mutually agreeable resolution. As part of our engagement, we communicated our commitment to increasing our stock price and closing the NAV discount through returning a substantial amount of capital to shareholders. We expect to return a significant amount of capital upon the realization of our public company investments, including via one or more tender offers.

Cannae’s recent actions include:

Returning Capital to Shareholders, Including through a Tender Offer

Since March 31, 2021, Cannae has returned $738 million to shareholders, having repurchased approximately 35% of its common stock.
- In April 2024, Cannae repurchased 9,672,540 shares in a Dutch auction, representing 13.4% of shares outstanding, at a price of $22.95 per share, for total proceeds of approximately $222 million.
- In May 2024, Cannae initiated a quarterly cash dividend of $0.12 per common share, returning approximately $7.6 million per quarter to shareholders and approximately $23 million in 2024.
Cannae has approximately 12.3 million shares remaining in its buyback authorization, which it expects to utilize for additional capital return.

Rebalancing Cannae’s Portfolio

Over the last 12 months, Cannae has raised approximately $470 million through sales of public portfolio company shares. Cannae has used these proceeds to return capital to shareholders and make targeted investments.
- In March 2024, Cannae sold 10 million Dun & Bradstreet (“DNB”) shares for $101 million of proceeds and realized $21 million in tax savings.
- Cannae exited Dayforce after selling its final 4 million shares in 2024 for total proceeds of $264 million. Since Dayforce’s IPO in 2018, Cannae has realized over $2.8 billion in share sales and distributions, which represents a greater than 5x return on invested capital.
- In November 2024, Cannae sold over 900,000 Paysafe shares for total proceeds of $16 million and realized nearly $19 million in tax savings.
- In December 2024, Cannae sold 12 million Alight shares for total proceeds of $89 million and realized $7 million in tax savings.
In February 2024, Cannae announced a strategic partnership with JANA Partners (“JANA”), where Cannae acquired approximately 20% of the management company and general partner for $56 million and committed to invest capital in select JANA funds. JANA has built a track record over its 24-year history as a leader in engaged investing and has already provided cash flows to Cannae. Moving forward, JANA is expected to help Cannae source new investment opportunities.
In October 2024, Cannae acquired a 53% stake in the Watkins Company for $80 million. Watkins is a 157-year-old flavoring products business that is growing with strong margins and cash flows. Cannae has partnered with KDSA, an investment partnership focused on the food and beverage industry, and the previous majority owner, who maintains approximately 40% of their equity stake.

Working with Portfolio Company Management Teams to Improve Performance

Cannae continuously works with the management teams of our portfolio companies to improve revenues, expand margins, identify and execute strategic transactions, and increase long-term enterprise value.
- Cannae has worked with the DNB management team to execute on a strategic plan designed to accelerate organic revenue growth and improve cash flows. Since our take-private transaction of DNB, EBITDA has grown from $569 million in 2018 to $927 million in 2024. Today, we are continuing to work with the DNB management team to achieve their medium-term target of 5-7% organic growth and higher cash flow conversion, which is a key to driving multiple expansion.
- Cannae worked with Alight’s management team on the sale of its Professional Services segment and its Payroll & HCM Outsourcing businesses for approximately $1.2 billion in July 2024, which enabled Alight to reduce its outstanding debt by $740 million, return $75 million to shareholders via share repurchases, and initiate a quarterly dividend program. Cannae continues to work with Alight on improving the performance of their core business.
- Cannae’s investment in Black Knight Football is yielding strong results in improving team performance and the implementation of the multi-club model. For example, AFC Bournemouth has improved dramatically since our acquisition, from 19^th place to 10^th place this season. This rise in the rankings has supported revenue growth of 19%, to approximately $203 million, for the fiscal year ending June 30, 2024.
- Computer Services, Inc. continues to launch innovative lines of financial technology products for the banking sector and generate significant growth. As a result, the company has already returned $37 million, or 43%, of Cannae’s investment in approximately one year, with Cannae’s remaining equity stake being valued around 103% of the aggregate initial investment.

Mr. Foley concluded, “Our Board of Directors and management team remain dedicated to driving long-term value creation, and the efforts taken to execute the Company’s strategic plan is a reflection of that commitment. Importantly, we remain optimistic on the outlook for our portfolio companies and their significant embedded value. We also remain focused on returning capital to shareholders and will utilize capital from the sell-down of existing public portfolio company holdings to further buy back our stock, given our continued commitment to reduce Cannae’s share price discount to NAV.”

The Cannae Board and management team remain aligned with and commitment to shareholder value, collectively owning 11% of Cannae’s outstanding common stock.

At this time, shareholders are not required to take action. Cannae’s Board will present its recommendations with respect to the election of directors in the Company’s definitive proxy statement, which will be filed with the Securities and Exchange Commission (the “SEC”).

Forward-Looking Statements and Risk Factors

This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements regarding our expectations, hopes, beliefs, plans, intentions, or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. Except as required by applicable law, we undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties that forward-looking statements are subject to include, but are not limited to: risks associated with our ability to successfully operate businesses outside our traditional areas of focus; changes in general economic, business and political conditions, including changes in the financial markets and changes in macroeconomic conditions resulting from the outbreak of a pandemic or escalation of the current conflicts in Ukraine and the Middle East; risks associated with the Investment Company Act of 1940; risks associated with our potential inability to find suitable acquisition candidates, acquisitions in lines of business that will not necessarily be limited to our traditional areas of focus, or difficulties in integrating acquisitions; significant competition that our operating subsidiaries face; and risks related to the externalization of certain of our management functions to an external manager.

This press release should be read in conjunction with the risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors,” and other sections of the Company’s Forms 10-Q, Form 10-K and our other filings with the SEC.

Important Additional Information and Where to Find It

The Company intends to file a proxy statement on Schedule 14A, an accompanying WHITE proxy card, and other relevant documents with the SEC in connection with the solicitation of proxies from the Company’s shareholders for the 2025 Annual Meeting. THE COMPANY’S SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ THE COMPANY’S DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), THE ACCOMPANYING WHITE PROXY CARD, AND ANY OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Shareholders may obtain a free copy of the definitive proxy statement, an accompanying WHITE proxy card, any amendments or supplements to the proxy statement, and other documents that the Company files with the SEC at no charge from the SEC’s website at www.sec.gov. Copies will also be available at no charge by clicking the “SEC Filings” link in the “Financials” section of the Company’s website at https://www.cannaeholdings.com/financial-information/sec-filings.

Certain Information Regarding Participants in Solicitation

The Company, its directors (William P. Foley, II; Douglas K. Ammerman; Hugh R. Harris; C. Malcolm Holland; Mark D. Linehan; Frank R. Martire; Erika Meinhardt; Barry B. Moullet; James B. Stallings, Jr.; and Frank P. Willey) and certain of its executive officers (William P. Foley, II, CEO and Chief Investment Officer; Ryan R. Caswell, President; Bryan D. Coy, Chief Financial Officer; Peter T. Sadowski, Executive Vice President and Chief Legal Officer; and Michael L. Gravelle, Executive Vice President, General Counsel, and Corporate Secretary) and other employees may be deemed “participants” (as defined in Schedule 14A under the Exchange Act of 1934, as amended) in the solicitation of proxies from shareholders in connection with the matters to be considered at the 2025 Annual Meeting. Information regarding the names of the Company’s directors and executive officers and certain other individuals and their respective interests in the Company, by security holdings or otherwise, is set forth in the sections entitled “Compensation Discussion and Analysis and Executive and Director Compensation” and “Security Ownership of Certain Beneficial Owners, Directors and Executive Officers,” and “Executive Compensation” of the Company’s Proxy Statement on Schedule 14A in connection with the 2024 Annual Meeting of Stockholders, filed with the SEC on April 26, 2024 (available here), and the Company’s Annual Report on Form 10-K, filed with the SEC on February 27, 2025 (available here). Supplemental information regarding the participants’ holdings of the Company’s securities can be found in SEC filings on Statements of Change in Ownership on Form 4 filed with the SEC on July 3, 2024 and February 28, 2025 for William P. Foley, II (available here and here); July 1, 2024, October 1, 2024, November 15, 2024 and January 3, 2025 for Douglas K. Ammerman (available here, here, here, and here); July 1, 2024, October 1, 2024, November 15, 2024 and January 3, 2025 for Hugh R. Harris (available here, here, here, and here); November 15, 2024 for C. Malcolm Holland (available here); November 15, 2024 for Mark D. Linehan (available here); July 1, 2024, October 1, 2024, November 15, 2024 and January 3, 2025 for Frank R. Martire (available here, here, here, and here); July 1, 2024, October 1, 2024, November 15, 2024 and January 3, 2025 for Erika Meinhardt (available here, here, here, and here); November 15, 2024 for Barry B. Moullet (available here); November 15, 2024 for James B. Stallings, Jr. (available here); November 15, 2024 for Frank P. Willey (available here); February 28, 2025, March 4, 2025 and March 17, 2025 for Ryan Caswell (available here, here and here); February 28, 2025, March 3, 2025 and March 17, 2025 for Bryan Coy (available here, here and here); February 24, 2025, February 28, 2025, March 3, 2025 and March 17, 2025 for Peter Sadowski (available here, here, here and here); and November 13, 2024 and February 28, 2025 for Michael L. Gravelle (available here and here). Such filings are also available at no charge by clicking the “SEC Filings” link in the “Financials” section of the Company’s website at https://www.cannaeholdings.com/financial-information/sec-filings. Any subsequent updates following the date hereof to the information regarding the identity of potential participants, and their direct or indirect interests, by security holdings or otherwise, will be set forth in the Company’s proxy statement on Schedule 14A and other materials to be filed with the SEC in connection with the 2025 Annual Meeting, if and when they become available. These documents will be available free of charge as described above.

About Cannae Holdings, Inc.

We primarily acquire interests in operating companies and are actively engaged in managing and operating a core group of those companies. We believe that our long-term ownership and active involvement in the management and operations of companies helps maximize the value of those businesses for our shareholders. We are a long-term owner that secures control and governance rights of other companies primarily to engage in their lines of business and we have no preset time constraints dictating when we sell or dispose of our businesses.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250320326560/en/

Jamie Lillis, Managing Director

Solebury Strategic Communications

203-428-3223

[email protected]

KEYWORDS: United States North America Nevada

INDUSTRY KEYWORDS: Professional Services Finance

MEDIA: