OSI Systems Announces Third Quarter Conference Call

OSI Systems Announces Third Quarter Conference Call

HAWTHORNE, Calif.–(BUSINESS WIRE)–
OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, May 1, 2025, at 9:00 am PT to discuss its results for the quarter ended March 31, 2025.

This call is being webcast through the investor relations section at www.osi-systems.com.

A replay of the conference call will be available from 12:00 pm PT on May 1, 2025, until May 14, 2025. The replay may be accessed by visiting the investor relations section at www.osi-systems.com.

About OSI Systems, Inc.

OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems, Inc. or its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

OSI Systems, Inc.

Ajay Vashishat

Vice President, Business Development

310-349-2237

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Defense Security Automotive Manufacturing Technology Manufacturing Other Defense Hardware

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TPG and Temasek Join TA to Bolster Cliffwater’s Continued Expansion

TPG and Temasek Join TA to Bolster Cliffwater’s Continued Expansion

BOSTON & SAN FRANCISCO–(BUSINESS WIRE)–
TPG (NASDAQ: TPG), a leading global alternative asset management firm, and Temasek, a global investment company headquartered in Singapore, today announced a definitive agreement to make a substantial minority investment in Cliffwater LLC (“Cliffwater” or “the Firm”), an independent alternative investment adviser and fund manager. TPG’s investment will be made through TPG Growth, its growth equity platform.

TPG and Temasek join existing investor TA Associates (“TA”), a leading global private equity firm that first invested in Cliffwater in 2023. Following the transaction, Cliffwater’s management team will retain majority control of the Firm and continue to lead the business. Terms of the transaction were not disclosed.

Founded in 2004 as an alternatives focused advisory firm, Cliffwater has expanded into a market leader in providing private markets funds to wealth management investors. The Firm manages a suite of innovative private credit and private equity interval funds, including the Cliffwater Corporate Lending Fund (CCLFX), the Cliffwater Enhanced Lending Fund (CELFX) and the recently launched Cascade Private Capital Fund (CPEFX), which offers access to a broad range of private equity strategies. Cliffwater also provides advisory and consulting services to support asset allocation, portfolio construction, manager selection and portfolio monitoring.

“The continued support of TA and new investment from TPG and Temasek mark an exciting milestone in Cliffwater’s journey as a fund manager and allocator,” said Stephen Nesbitt, Founder and Chief Executive Officer of Cliffwater. “Their partnership reflects the strength of our platform and ability to deliver innovative, differentiated solutions to our institutional, high-net-worth and retail investors. We’re excited to continue expanding our reach and delivering value for our clients and investors.”

Cliffwater has seen strong momentum in recent years, with approximately $36 billion in assets under management (AUM) and $80 billion in assets under advisement (AUA) currently. The Firm’s flagship fund, the Cliffwater Corporate Lending Fund (CCLFX), is the largest private credit interval fund in the U.S., managing $27.9 billion in net assets as of March 31, 2025.

“Individual investors continue to seek exposure to private markets as a way to diversify their portfolios and access some of the most dynamic corners of the economy,” said Peter McGoohan, Partner at TPG. “Cliffwater is an early mover, trusted partner, and proven innovator, with one of the longest and strongest track records in the fast-growing retail segment. The Firm is exceptionally well positioned for the opportunity ahead, and we’re excited to partner with the Cliffwater team, TA and Temasek to support and grow the platform.”

“Since our investment in 2023, Cliffwater has consistently outperformed expectations, delivering meaningful growth and deepening its relationships in the high-net-worth channel,” said Todd Crockett, Managing Director at TA. “With its clear vision, innovative approach and strong leadership, the Firm has positioned itself at the forefront of a market still in the early innings of expansion. It has been a privilege to support Cliffwater through this transformational period, and we are proud to continue the journey alongside TPG, Temasek and Cliffwater’s exceptional leadership team.”

The transaction is expected to close in the second quarter of 2025, subject to customary closing conditions. Moelis & Company LLC acted as exclusive financial advisor to Cliffwater, and Kirkland & Ellis LLP provided legal counsel. J.P. Morgan Securities LLC and Ardea Partners LP acted as financial advisors to TPG, and Davis Polk provided legal counsel. Goodwin Proctor LLP provided legal counsel to TA.

About TPG

TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $246 billion 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.

About Temasek

Temasek is a global investment company headquartered in Singapore, with a net portfolio value of US$288b as at 31 March 2024. Marking its unlisted assets to market would provide US$23b of value uplift and bring its mark to market net portfolio value to US$311b. Temasek’s Purpose “So Every Generation Prospers” guides it to make a difference for today’s and future generations. Operating on commercial principles, Temasek seeks to deliver sustainable returns over the long term. It has 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia. For more information on Temasek, please visit www.temasek.com.sg

About TA

TA is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, TA has invested in more than 560 companies across its five target industries – technology, healthcare, financial services, consumer and business services. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $65 billion in capital to date and has over 150 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong. For more information, visit: www.ta.com.

About Cliffwater

Cliffwater LLC (“Cliffwater”, or “the Firm”) is an independent alternative investment adviser and fund manager that provides proactive research, advisory, and investment services. Cliffwater was founded in 2004; has offices in Los Angeles, Chicago, New York, and Newport Beach; and currently has approximately $36 billion in assets under management (AUM) and $80 billion in assets under advisement (AUA).

Cliffwater’s platform of 78 investment and research professionals span across private markets. The Firm currently oversees $52 billion in private debt assets and $38 billion in private equity assets for its clients.

Cliffwater’s research has been published in “The Journal of Alternative Investments,” and in 2018, its founder and Chief Executive Officer, Stephen Nesbitt, was named one of the “30 Most Influential People in Private Debt” by Private Debt Investor. The Firm’s research has also led to the creation of the Cliffwater Direct Lending Index (“CDLI”), the first published and widely accepted benchmark for direct lending, and its suite of sub-indices. Cliffwater continues to author research that evolves how alternatives are understood.

Cliffwater LLC is an investment adviser registered with the Securities and Exchange Commission (“SEC”).

FORWARD-LOOKING STATEMENTS

This press release may contain certain forward-looking statements. Any such statements other than statements of historical fact are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under Cliffwater LLC’s control, and that Cliffwater LLC may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual performance and results could vary materially from these estimates and projections of the future as a result of a number of factors, including those described from time to time in Cliffwater LLC’s filings with the SEC. Such statements speak only as of the time when made and are based on information available to Cliffwater LLC as of the date hereof and are qualified in their entirety by this cautionary statement. Cliffwater LLC assumes no obligation to revise or update any such statement now or in the future.

MEDIA CONTACTS

TA

Maggie Benoit

[email protected]

TPG

Julia Sottosanti

[email protected]

Cliffwater

Prosek Partners

[email protected]

KEYWORDS: United States North America California Massachusetts

INDUSTRY KEYWORDS: Consulting Asset Management Professional Services Finance

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NETGEAR Schedules First Quarter 2025 Results Conference Call

NETGEAR Schedules First Quarter 2025 Results Conference Call

SAN JOSE, Calif.–(BUSINESS WIRE)–
NETGEAR®, Inc. (NASDAQ: NTGR), a global leader in intelligent networking solutions for businesses, homes, and service providers, today announced that it will hold a conference call with investors and analysts on Wednesday, April 30 at 5:00 p.m. ET (2:00 p.m. PT) to discuss the Company’s first quarter 2025 results and second quarter 2025 business outlook.

The news release announcing the first quarter 2025 results will be disseminated on April 30, 2025 after the market closes.

The toll-free dial-in number for the live audio call beginning at 5:00 p.m. ET (2:00 p.m. PT) on Wednesday, April 30, 2025 is (888) 660-6392. The international dial-in number for the live audio call is (929) 203-0899. The conference ID for the call is 1030183. A live webcast of the conference call will be available on NETGEAR’s Investor Relations website at https://investor.netgear.com.

A replay of the call will be available via the web at https://investor.netgear.com.

About NETGEAR, Inc.

Founded in 1996 and headquartered in the USA, NETGEAR® (NASDAQ: NTGR) is a global leader in innovative networking technologies for businesses, homes, and service providers. NETGEAR delivers a wide range of award-winning, intelligent solutions designed to unleash the full potential of connectivity and power extraordinary experiences. For businesses, NETGEAR offers reliable, easy-to-use, high-performance networking solutions, including switches, routers, access points, software, and AV over IP technologies, tailored to meet the diverse needs of organizations of all sizes. NETGEAR’s Connected Home products deliver advanced connectivity, powerful performance, and enhanced security features right out of the box, designed to keep families safe online, whether at home or on the go. More information is available from the NETGEAR Press Room or by calling (408) 907-8000. Connect with NETGEAR: Facebook, Instagram and the NETGEAR blog at NETGEAR.com.

© 2025 NETGEAR, Inc. NETGEAR and the NETGEAR logo are trademarks or registered trademarks of NETGEAR, Inc. and its affiliates in the United States and/or other countries. Other brand and product names are trademarks or registered trademarks of their respective holders. The information contained herein is subject to change without notice. NETGEAR shall not be liable for technical or editorial errors or omissions contained herein. All rights reserved.

Source: NETGEAR-F

NETGEAR Investor Relations

Erik Bylin

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Technology Mobile/Wireless Carriers and Services Telecommunications Software Networks Internet Hardware Consumer Electronics

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Trodelvy® Plus Keytruda® Demonstrates a Statistically Significant and Clinically Meaningful Improvement in Progression Free Survival in Patients With Previously Untreated PD-L1+ Metastatic Triple-Negative Breast Cancer

Trodelvy® Plus Keytruda® Demonstrates a Statistically Significant and Clinically Meaningful Improvement in Progression Free Survival in Patients With Previously Untreated PD-L1+ Metastatic Triple-Negative Breast Cancer

– The First Pivotal Phase 3 Trial to Demonstrate Superiority of a TROP-2 Antibody-Drug Conjugate, Trodelvy, Plus Keytruda Versus Standard of Care Keytruda plus Chemotherapy in 1L mTNBC –

– Trodelvy Plus Keytruda Shows an Early Trend in Improvement for Overall Survival Versus Standard of Care in Patients with Previously Untreated PD-L1+ (CPS ≥10)mTNBC –

FOSTER CITY, Calif.–(BUSINESS WIRE)–
Gilead Sciences, Inc. (Nasdaq: GILD) today announced positive topline results from the Phase 3 ASCENT-04/KEYNOTE-D19 study, demonstrating that Trodelvy® (sacituzumab govitecan-hziy) plus Keytruda® (pembrolizumab) significantly improved progression-free survival (PFS) compared to Keytruda and chemotherapy in patients with inoperable (unresectable) locally advanced or metastatic triple-negative breast cancer (mTNBC) whose tumors express PD-L1 (CPS ≥ 10). The study met its primary endpoint, showing a statistically significant and clinically meaningful improvement in PFS.

The safety profile of Trodelvy plus Keytruda in the ASCENT-04 study was consistent with the known safety profile of each agent. No new safety signals were identified with the combination.

“These findings are the first to show the transformative potential of an antibody-drug conjugate combined with an immuno-oncology agent in early treatment lines of metastatic breast cancer,” said Dietmar Berger, MD, PhD, Chief Medical Officer, Gilead Sciences. “For patients with this difficult to treat type of breast cancer, these results potentially offer a new pathway that may redefine their treatment options.”

“For patients with metastatic triple-negative breast cancer, there is a critical need for more effective treatment options,” said Dr. Sara Tolaney, MD, MPH, Dana-Farber Cancer Institute and primary investigator of the ASCENT-04 study. “These data suggest that the combination of sacituzumab govitecan-hziy and pembrolizumab may offer a new treatment approach—bringing together a potent antibody drug conjugate with immunotherapy to improve outcomes for patients.”

Overall survival (OS) is a key secondary endpoint and was not mature at the time of the PFS primary analysis. However, in the ASCENT-04 study, there was an early trend in improvement for OS with Trodelvy plus Keytruda. Gilead will continue to monitor OS outcomes, with ongoing patient follow-up and further analyses planned.

Detailed results from the study will be presented at a future medical meeting and discussed with regulatory authorities. The use of Trodelvy plus Keytruda in patients with previously untreated PD-L1+ metastatic TNBC is investigational, and the safety and efficacy of this use have not been established.

The significant and meaningful improvement in PFS demonstrated in ASCENT-04 further reinforces the potential of Trodelvy plus Keytruda as a much-needed new treatment option for patients with previously untreated inoperable (unresectable) PD-L1+ locally advanced or mTNBC.

Trodelvy is the only approved Trop-2-directed antibody-drug conjugate (ADC) that has demonstrated meaningful survival advantages in two different types of metastatic breast cancers: 2L+ mTNBC and pre-treated HR+/HER2- mBC. It is a Category 1 preferred treatment for both indications per the National Comprehensive Cancer Network® (NCCN®) Clinical Practice Guidelines in Oncology (NCCN Guidelinesi) and the only ADC with an ESMO Magnitude of Clinical Benefit Scale (MCBS) rating of 5 for mTNBC. Trodelvy also has an MCBS rating of 4 for women with HR+/HER2- mBC.

With established healthcare professional experience, Trodelvy has shown consistent outcomes across clinical trials and real-world studies in 50,000+ patients across ~50 countries over ~5 years. It has now demonstrated improved outcomes in three Phase 3 breast cancer trials and is being studied in several ongoing clinical trials, aiming to extend survival across diverse tumor types and disease stages.

Currently, Gilead has three ongoing Phase 3 studies investigating Trodelvy across HER2- (IHC 0, IHC 1+ or IHC 2+/ISH–) mBC, including the upcoming ASCENT-03 pivotal trial in 1L mTNBC patients who are not candidates for PD-L1 based therapy, the ASCENT-05 pivotal trial in patients with early-stage TNBC (eTNBC), and the ASCENT-07 pivotal trial in patients with HR+/HER2- mBC who have received endocrine therapy. Trodelvy is also being investigated in additional Phase 3 studies in other disease settings, including in lung and gynecological cancers.

Gilead would like to thank the patients, families, investigators and advocates who have contributed and continue to contribute to this important research. We remain committed to advancing care to address the unmet needs for the breast cancer community.

KEYTRUDA® is a registered trademark of Merck Sharp & Dohme LLC., a subsidiary of Merck & Co., Inc., Rahway, NJ, USA.

About Triple-Negative Breast Cancer with PD-L1+ Tumors

TNBC is the most aggressive type of breast cancer and has historically been difficult to treat, accounting for approximately 15% of all breast cancers. TNBC is diagnosed more frequently in younger and premenopausal women and is more prevalent in Black and Hispanic women. TNBC cells do not have estrogen and progesterone receptors and have limited HER2. Due to the nature of TNBC, treatment options are extremely limited compared with other breast cancer types. TNBC has a higher chance of recurrence and metastases than other breast cancer types. The average time to metastatic recurrence for TNBC is approximately 2.6 years compared with 5 years for other breast cancers, and the relative five-year survival rate is much lower. Among women with mTNBC, the five-year survival rate is 12%, compared with 28% for those with other types of mBC.

Despite progress in treatment, first-line mTNBC has seen limited new approvals in recent years for tumors that express PD-L1+, and additional options are urgently needed. Despite recent advances, over 50% of patients do not receive treatment beyond first-line, reinforcing the urgent need for new options to help improve patient outcomes. Breast cancers expressing PD-L1 are overall more aggressive and associated with reduced survival time.

About the ASCENT-04/KEYNOTE-D19 Study

In 2021, Gilead entered a collaboration with Merck & Co. to investigate sacituzumab govitecan in combination with pembrolizumab in the Phase 3 trial, ASCENT-04/KEYNOTE-D19. The ASCENT-04/KEYNOTE-D19 study is a global, open-label, randomized Phase 3 trial evaluating the efficacy and safety of sacituzumab govitecan in combination with pembrolizumab compared with treatment of chemotherapy plus pembrolizumab in patients with previously untreated, inoperable locally advanced or metastatic triple-negative breast cancer (TNBC) whose tumors express PD-L1. The study enrolled 443 patients across multiple study sites.

Patients were randomized in a 1:1 ratio to receive either sacituzumab govitecan (10 mg/kg intravenously on Days 1 and 8 of a 21-day cycle) plus pembrolizumab (200 mg intravenously on Day 1 of a 21-day cycle) or chemotherapy plus pembrolizumab. The chemotherapy regimen included gemcitabine plus carboplatin, paclitaxel, or nab-paclitaxel. Treatment continued until blinded independent central review (BICR)-verified disease progression or unacceptable toxicity. Patients randomized to chemotherapy were allowed to crossover and receive sacituzumab govitecan upon disease progression.

The primary endpoint of the study is progression-free survival (PFS) as determined by BICR using RECIST v1.1. Secondary endpoints include overall survival (OS), objective response rate (ORR), duration of response (DOR), time to onset of response (TTR), patient-reported outcomes (PROs), and safety.

More information about ASCENT-04/KEYNOTE-D19 is available at ClinicalTrials.gov: NCT05382286.

About Trodelvy

Trodelvy® (sacituzumab govitecan-hziy) is a first-in-class Trop-2-directed antibody-drug conjugate. Trop-2 is a cell surface antigen highly expressed in multiple tumor types, including in more than 90% of breast and lung cancers. Trodelvy is intentionally designed with a proprietary hydrolyzable linker attached to SN-38, a topoisomerase I inhibitor payload. This unique combination delivers potent activity to both Trop-2 expressing cells and the tumor microenvironment through a bystander effect.

Trodelvy is currently approved in more than 50 countries for second-line or later metastatic triple-negative breast cancer (TNBC) patients and in more than 40 countries for certain patients with pre-treated HR+/HER2- metastatic breast cancer.

Trodelvy is being investigated for use in other TNBC and HR+/HER2- breast cancer populations, as well as a range of tumor types where Trop-2 is highly expressed, including extensive-stage small cell lung cancer and first-line metastatic non-small cell lung cancer where Trodelvy has shown clinical activity through the TROPiCS-03 proof-of-concept study and the EVOKE-02 proof-of-concept study, respectively.

INDICATIONS

TRODELVY® (sacituzumab govitecan-hziy) is a Trop-2-directed antibody and topoisomerase inhibitor conjugate indicated for the treatment of adult patients with:

  • Unresectable locally advanced or metastatic triple-negative breast cancer (mTNBC) who have received two or more prior systemic therapies, at least one of them for metastatic disease.
  • Unresectable locally advanced or metastatic hormone receptor (HR)-positive, human epidermal growth factor receptor 2 (HER2)-negative (IHC 0, IHC 1+ or IHC 2+/ISH–) breast cancer who have received endocrine-based therapy and at least two additional systemic therapies in the metastatic setting.

IMPORTANT SAFETY INFORMATION

BOXED WARNING: NEUTROPENIA AND DIARRHEA

  • TRODELVY can cause severe, life-threatening, or fatal neutropenia. Withhold TRODELVY for absolute neutrophil count below 1500/mm3 or neutropenic fever. Monitor blood cell counts periodically during treatment. Primary prophylaxis with G-CSF is recommended for all patients at increased risk of febrile neutropenia. Initiate anti-infective treatment in patients with febrile neutropenia without delay.
  • TRODELVY can cause severe diarrhea. Monitor patients with diarrhea and give fluid and electrolytes as needed. At the onset of diarrhea, evaluate for infectious causes and, if negative, promptly initiate loperamide. If severe diarrhea occurs, withhold TRODELVY until resolved to ≤ Grade 1 and reduce subsequent doses.

CONTRAINDICATIONS

  • Severe hypersensitivity reaction to TRODELVY.

WARNINGS AND PRECAUTIONS

Neutropenia: Severe, life-threatening, or fatal neutropenia can occur as early as the first cycle of treatment and may require dose modification. Neutropenia occurred in 64% of patients treated with TRODELVY. Grade 3-4 neutropenia occurred in 49% of patients. Febrile neutropenia occurred in 6%. Neutropenic colitis occurred in 1.4%. Primary prophylaxis with G-CSF is recommended starting in the first cycle of treatment in all patients at increased risk of febrile neutropenia, including older patients, patients with previous neutropenia, poor performance status, organ dysfunction, or multiple comorbidities. Monitor absolute neutrophil count (ANC) during treatment. Withhold TRODELVY for ANC below 1500/mm3 on Day 1 of any cycle or below 1000/mm3 on Day 8 of any cycle. Withhold TRODELVY for neutropenic fever. Treat neutropenia with G-CSF and administer prophylaxis in subsequent cycles as clinically indicated or indicated in Table 2 of USPI.

Diarrhea: Diarrhea occurred in 64% of all patients treated with TRODELVY. Grade 3-4 diarrhea occurred in 11% of patients. One patient had intestinal perforation following diarrhea. Diarrhea that led to dehydration and subsequent acute kidney injury occurred in 0.7% of all patients. Withhold TRODELVY for Grade 3-4 diarrhea and resume when resolved to ≤ Grade 1. At onset, evaluate for infectious causes and if negative, promptly initiate loperamide, 4 mg initially followed by 2 mg with every episode of diarrhea for a maximum of 16 mg daily. Discontinue loperamide 12 hours after diarrhea resolves. Additional supportive measures (e.g., fluid and electrolyte substitution) may also be employed as clinically indicated. Patients who exhibit an excessive cholinergic response to treatment can receive appropriate premedication (e.g., atropine) for subsequent treatments.

Hypersensitivity and Infusion-Related Reactions: TRODELVY can cause serious hypersensitivity reactions including life-threatening anaphylactic reactions. Severe signs and symptoms included cardiac arrest, hypotension, wheezing, angioedema, swelling, pneumonitis, and skin reactions. Hypersensitivity reactions within 24 hours of dosing occurred in 35% of patients. Grade 3-4 hypersensitivity occurred in 2% of patients. The incidence of hypersensitivity reactions leading to permanent discontinuation of TRODELVY was 0.2%. The incidence of anaphylactic reactions was 0.2%. Pre-infusion medication is recommended. Have medications and emergency equipment to treat such reactions available for immediate use. Observe patients closely for hypersensitivity and infusion-related reactions during each infusion and for at least 30 minutes after completion of each infusion. Permanently discontinue TRODELVY for Grade 4 infusion-related reactions.

Nausea and Vomiting: TRODELVY is emetogenic and can cause severe nausea and vomiting.Nausea occurred in 64% of all patients treated with TRODELVY and Grade 3-4 nausea occurred in 3% of these patients. Vomiting occurred in 35% of patients and Grade 3-4 vomiting occurred in 2% of these patients. Premedicate with a two or three drug combination regimen (e.g., dexamethasone with either a 5-HT3 receptor antagonist or an NK1 receptor antagonist as well as other drugs as indicated) for prevention of chemotherapy-induced nausea and vomiting (CINV). Withhold TRODELVY doses for Grade 3 nausea or Grade 3-4 vomiting and resume with additional supportive measures when resolved to Grade ≤ 1. Additional antiemetics and other supportive measures may also be employed as clinically indicated. All patients should be given take-home medications with clear instructions for prevention and treatment of nausea and vomiting.

Increased Risk of Adverse Reactions in Patients with Reduced UGT1A1 Activity: Patients homozygous for the uridine diphosphate-glucuronosyl transferase 1A1 (UGT1A1)*28 allele are at increased risk for neutropenia, febrile neutropenia, and anemia and may be at increased risk for other adverse reactions with TRODELVY. The incidence of Grade 3-4 neutropenia was 58% in patients homozygous for the UGT1A1*28, 49% in patients heterozygous for the UGT1A1*28 allele, and 43% in patients homozygous for the wild-type allele. The incidence of Grade 3-4 anemia was 21% in patients homozygous for the UGT1A1*28 allele, 10% in patients heterozygous for the UGT1A1*28 allele, and 9% in patients homozygous for the wild-type allele. Closely monitor patients with known reduced UGT1A1 activity for adverse reactions. Withhold or permanently discontinue TRODELVY based on clinical assessment of the onset, duration and severity of the observed adverse reactions in patients with evidence of acute early-onset or unusually severe adverse reactions, which may indicate reduced UGT1A1 function.

Embryo-Fetal Toxicity: Based on its mechanism of action, TRODELVY can cause teratogenicity and/or embryo-fetal lethality when administered to a pregnant woman. TRODELVY contains a genotoxic component, SN-38, and targets rapidly dividing cells. Advise pregnant women and females of reproductive potential of the potential risk to a fetus. Advise females of reproductive potential to use effective contraception during treatment with TRODELVY and for 6 months after the last dose. Advise male patients with female partners of reproductive potential to use effective contraception during treatment with TRODELVY and for 3 months after the last dose.

ADVERSE REACTIONS

In the pooled safety population, the most common (≥ 25%) adverse reactions including laboratory abnormalities were decreased leukocyte count (84%), decreased neutrophil count (75%), decreased hemoglobin (69%), diarrhea (64%), nausea (64%), decreased lymphocyte count (63%), fatigue (51%), alopecia (45%), constipation (37%), increased glucose (37%), decreased albumin (35%), vomiting (35%), decreased appetite (30%), decreased creatinine clearance (28%), increased alkaline phosphatase (28%), decreased magnesium (27%), decreased potassium (26%), and decreased sodium (26%).

In the ASCENT study (locally advanced or metastatic triple-negative breast cancer), the most common adverse reactions (incidence ≥25%) were fatigue, diarrhea, nausea, alopecia, constipation, vomiting, abdominal pain, and decreased appetite. The most frequent serious adverse reactions (SAR) (>1%) were neutropenia (7%), diarrhea (4%), and pneumonia (3%). SAR were reported in 27% of patients, and 5% discontinued therapy due to adverse reactions. The most common Grade 3-4 lab abnormalities (incidence ≥25%) in the ASCENT study were reduced neutrophils, leukocytes, and lymphocytes.

In the TROPiCS-02 study (locally advanced or metastatic HR-positive, HER2-negative breast cancer), the most common adverse reactions (incidence ≥25%) were diarrhea, fatigue, nausea, alopecia, and constipation. The most frequent serious adverse reactions (SAR) (>1%) were diarrhea (5%), febrile neutropenia (4%), neutropenia (3%), abdominal pain, colitis, neutropenic colitis, pneumonia, and vomiting (each 2%). SAR were reported in 28% of patients, and 6% discontinued therapy due to adverse reactions. The most common Grade 3-4 lab abnormalities (incidence ≥25%) in the TROPiCS-02 study were reduced neutrophils and leukocytes.

DRUG INTERACTIONS

UGT1A1 Inhibitors: Concomitant administration of TRODELVY with inhibitors of UGT1A1 may increase the incidence of adverse reactions due to potential increase in systemic exposure to SN-38. Avoid administering UGT1A1 inhibitors with TRODELVY.

UGT1A1Inducers: Exposure to SN-38 may be reduced in patients concomitantly receiving UGT1A1 enzyme inducers. Avoid administering UGT1A1 inducers with TRODELVY.

Please see full Prescribing Information, including BOXED WARNING.

About Gilead Sciences

Gilead Sciences, Inc. is a biopharmaceutical company that has pursued and achieved breakthroughs in medicine for more than three decades, with the goal of creating a healthier world for all people. The company is committed to advancing innovative medicines to prevent and treat life-threatening diseases, including HIV, viral hepatitis, COVID-19, and cancer. Gilead operates in more than 35 countries worldwide, with headquarters in Foster City, California.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks, uncertainties and other factors, including Gilead’s ability to initiate, progress or complete clinical trials or studies within currently anticipated timelines or at all, and the possibility of unfavorable results from ongoing and additional clinical trials or studies, including those involving Trodelvy (such as ASCENT-03, ASCENT-04 and ASCENT-05); uncertainties relating to regulatory applications and related filing and approval timelines, including potential applications for programs and/or indications currently under evaluation; the possibility that Gilead may make a strategic decision to discontinue development of these programs and, as a result, these programs may never be successfully commercialized for the indications currently under evaluation; and any assumptions underlying any of the foregoing. These and other risks, uncertainties and factors are described in detail in Gilead’s Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the U.S. Securities and Exchange Commission. These risks, uncertainties and other factors could cause actual results to differ materially from those referred to in the forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. The reader is cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and is cautioned not to place undue reliance on these forward-looking statements. All forward-looking statements are based on information currently available to Gilead, and Gilead assumes no obligation and disclaims any intent to update any such forward-looking statements.

U.S. Prescribing Information for Trodelvy, including BOXED WARNING, is available at www.gilead.com.

Trodelvy, Gilead and the Gilead logo are trademarks of Gilead Sciences, Inc., or its related companies.

For more information about Gilead, please visit the company’s website at www.gilead.com, follow Gilead on X/Twitter ( @Gilead Sciences ) and LinkedIn, or contact Gilead Public Affairs at [email protected], 1-800-GILEAD-5 or 1-650-574-3000.

i NCCN makes no warranties of any kind whatsoever regarding their content, use or application and disclaims any responsibility for their application or use in any way.

Ashleigh Koss, Media

[email protected]

Jacquie Ross, Investors

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Science Biotechnology Research Pharmaceutical Oncology Health Hospitals Clinical Trials

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Herc Rentals Earns 2025 Great Place to Work® Certification™ in the U.S. and Canada

Herc Rentals Earns 2025 Great Place to Work® Certification™ in the U.S. and Canada

BONITA SPRINGS, Fla.–(BUSINESS WIRE)–
Herc Holdings Inc. (NYSE: HRI), one of North America’s leading equipment rental suppliers operating through Herc Rentals Inc., today announced that it has earned Great Place To Work® Certification™ in the U.S. and Canada. This is the second year the Company has earned this distinction in each country.

Great Place To Work Certification recognizes employers who create an outstanding and consistent employee experience. Receiving this distinguished certification is based on direct feedback collected from current team members through a survey administered by Great Place To Work.

“We are especially proud of this distinction because Great Place To Work Certification is based entirely on what current team members say about their experience working at Herc Rentals,” said Larry Silber, Herc Rentals president and chief executive officer. “We are deeply committed to listening to our employees and creating programs that support their career growth and well-being. Great Place To Work is the pre-eminent organization in employer recognition and we are proud to have this certification in every region where we operate.”

Learn more about Herc Rentals’ culture and purpose in the Culture Guide available on the Company’s website. Visit Herc Rentals’ Career Site to see current open positions.

About Herc Holdings Inc.

Founded in 1965, Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is a full-line rental supplier with 451 locations across North America, and 2024 total revenues of approximately $3.6 billion. We offer products and services aimed at helping customers work more efficiently, effectively, and safely. Our classic fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment. Our ProSolutions® offering includes industry-specific, solutions-based services in tandem with power generation, climate control, remediation and restoration, pumps, and trench shoring equipment as well as our ProContractor professional grade tools. We employ approximately 7,600 employees, who equip our customers and communities to build a brighter future.Learn more at www.HercRentals.com and follow us on Instagram, Facebook and LinkedIn.

All references to “Herc Holdings” or the “Company” in this press release refer to Herc Holdings Inc. and its subsidiaries, unless otherwise indicated.

Leslie Hunziker

Sr. Vice President

Investor Relations, Communications & Sustainability

[email protected]

239-301-1675

KEYWORDS: United States North America Florida

INDUSTRY KEYWORDS: Automotive Manufacturing Construction & Property Landscape HVAC Other Energy Off-Road Trucks & SUVs Energy Machinery Fleet Management Other Construction & Property

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Clean Harbors to Participate in Upcoming Investor Conferences

Clean Harbors to Participate in Upcoming Investor Conferences

NORWELL, Mass.–(BUSINESS WIRE)–Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced that senior management will participate in fireside chats at the following events.

Event: Stifel 2025 Investor Summit at Waste Expo

Date: Monday, May 5

Time: 12:10 p.m. ET/ 9:10 a.m. PT

Event: Oppenheimer 20th Annual Industrial Growth Conference

Date: Thursday, May 8

Time: 9:45 a.m. ET

Clean Harbors will webcast these events. To access the live or archived webcast, visit the “Investor Relations” portion of Clean Harbors’ website at www.cleanharbors.com.

About Clean Harbors

Clean Harbors (NYSE: CLH) is North America’s leading provider of environmental and industrial services. The Company serves a diverse customer base, including a majority of Fortune 500 companies. Its customer base spans a number of industries, including chemical, energy and manufacturing, as well as numerous government agencies. These customers rely on Clean Harbors to deliver a broad range of services such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Through its Safety-Kleen subsidiary, Clean Harbors also is North America’s largest re-refiner and recycler of used oil and a leading provider of parts washers and environmental services to commercial, industrial and automotive customers. Founded in 1980 and based in Massachusetts, Clean Harbors operates in the United States, Canada, Mexico, Puerto Rico and India. For more information, visit www.cleanharbors.com.

Eric J. Dugas

EVP and Chief Financial Officer

Clean Harbors, Inc.

781.792.5100

[email protected]

Jim Buckley

SVP Investor Relations

Clean Harbors, Inc.

781.792.5100

[email protected]

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Environment Chemicals/Plastics Environmental Health Oil/Gas Manufacturing Sustainability Green Technology Energy Recycling

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Jabil Announces Appointment of New Director to the Board

Jabil Announces Appointment of New Director to the Board

ST. PETERSBURG, Fla.–(BUSINESS WIRE)–Jabil Inc. (NYSE: JBL), a global engineering, supply chain, and manufacturing solutions provider, today announced that Sujatha Chandrasekaran has been appointed to its Board of Directors.

“I’m pleased to announce the appointment of Suja to our Board,” said Mark Mondello, Jabil’s Executive Chairman. “Suja brings with her a terrific leadership style, as well as broad-based experience across relevant end-markets, which position her to become a tremendous asset to our Board.”

Ms. Chandrasekaran has led global businesses in healthcare, retail, consumer, supply chain and manufacturing with revenues ranging from $3B to $500B. She has most recently served as Senior Executive Vice President, Chief Digital and Information Officer at CommonSpirit Health, the second-largest nonprofit hospital system in the United States. Previously, she was the Global Chief Digital and Information Officer at the consumer-packaged goods company Kimberly-Clark and the Global Chief Technology and Data Officer at Walmart.

Suja Chandrasekaran serves on the boards of various companies, including American Eagle Outfitters, Brenntag SE, ATOS SE, Agendia, and Pando.AI. As the founder and board director of the T200 Foundation, a nonprofit that fosters the growth of women in technology through networking, mentorship, and professional development, Ms. Chandrasekaran is also dedicated to uplifting the next generation of leaders.

“With her extensive background in portfolio strategy, finance management, and technology, data and AI transformation, Suja has a unique perspective that we welcome to Jabil’s Board. Her insights will be invaluable as we continue executing on commitments to our shareholders, customers, and communities,” said Jabil CEO Mike Dastoor.

About Jabil:

At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world’s top brands, offering comprehensive engineering, supply chain, and manufacturing solutions. With over 50 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitment extends beyond business success as we strive to build sustainable processes that minimize environmental impact and foster vibrant and diverse communities around the globe. Discover more at www.jabil.com.

Investor Contact

Adam Berry

Senior Vice President, Investor Relations and Communications

[email protected]

Media Contact

Timur Aydin

Senior Director, Enterprise Marketing and Communications

[email protected]

KEYWORDS: United States North America Florida

INDUSTRY KEYWORDS:

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DOMA Perpetual Supports Pacira’s New $300 Million Share Repurchase Authorization as a Meaningful Step to Enhance Value for Shareholders

PR Newswire

DOMA Perpetual Believes Pacira’s Stock Is Undervalued, Presenting an Opportunity to Execute the Largest Buyback in the Company’s History


MIAMI
, April 21, 2025 /PRNewswire/ — DOMA Perpetual Capital Management LLC (collectively with its affiliates, “DOMA Perpetual” or “We”) is a fundamentals-based, value-oriented asset management firm which beneficially owns approximately 4.2% of the outstanding shares of common stock of Pacira BioSciences, Inc. (NASDAQ: PCRX) (“Pacira” or the “Company”).

Following constructive engagement with Pacira, DOMA Perpetual believes the Company’s new capital allocation announcementi represents the Board’s firm commitment to enhancing shareholder value.

In DOMA Perpetual’s view, the announced initiatives reflect Pacira’s robust financial position and the Board’s commitment to disciplined capital allocation. The combination of the $300 million dollar share repurchase program and a new emphasis on increasing margins at the pre-tax net income level is anticipated to strengthen shareholder returnii. The onus now falls on management to effectively execute these important initiatives.

“After engaging in conversations with representatives of the Company’s Board and management team, we are encouraged by the clear steps Pacira is taking to drive long-term value creation,” said Pedro Escudero, CEO and CIO of DOMA Perpetual.  “We believe Pacira has entered a period of rapid growth; the new capital allocation priorities reflect the Company’s considerable momentum as it continues scaling earnings and free cash flow, enabling it to return meaningful capital to shareholders while still investing in growth. It is our conviction the stock is undervalued relative to its historical average valuation and, more importantly, relative to the multiyear cycle of growth ahead.”

Contact:
DOMA Perpetual Capital Management LLC
[email protected] 

Disclaimer

This press release has been prepared by DOMA Perpetual Management LLC and its affiliates (“DOMA Perpetual”).  The views expressed herein reflect the opinions of DOMA Perpetual and are based on publicly available information with respect to Pacira BioSciences, Inc. (“Pacira” or the “Company”). DOMA Perpetual recognizes that there may be confidential information in the possession of the Company that could lead it or others to disagree with DOMA Perpetual’s conclusions. DOMA Perpetual reserves the right to change or modify any of such views or opinions at any time and for any reason and expressly disclaims any obligation to correct, update, or revise the information contained herein or to otherwise provide any additional materials.                

For the avoidance of doubt, this press release was not produced by any person that is affiliated with Pacira, nor was its content endorsed by Pacira. This press release is provided merely as information and is not intended to be, nor should it be construed as, an offer to sell or a solicitation of an offer to buy any security nor as a recommendation to purchase or sell any security. One or more funds managed by DOMA Perpetual currently beneficially owns shares of the Company.

Some of the materials in this press release contain forward-looking statements. All statements contained herein that are not clearly historical in nature or that necessarily depend on future events are forward-looking, and the words “anticipate,” “believe,” “expect,” “potential,” “could,” “opportunity,” “estimate,” “plan,” “once again,” “achieve,” and similar expressions are generally intended to identify forward-looking statements. The projected results and statements contained herein that are not historical facts are based on DOMA Perpetual’s current expectations, speak only as of the date of these materials and involve risks, uncertainties and other factors that may cause actual results, performances or achievements to be materially different from any future results, performances or achievements expressed or implied by such projected results and statements. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of DOMA Perpetual.

_______________________________
i Pacira BioSciences, Inc. https://www.globenewswire.com/news-release/2025/04/17/3063878/0/en/Pacira-BioSciences-Reaffirms-Commitment-to-Enhancing-Value-for-All-Shareholders.html
ii Pacira BioSciences, Inc. https://www.globenewswire.com/news-release/2025/04/17/3063878/0/en/Pacira-BioSciences-Reaffirms-Commitment-to-Enhancing-Value-for-All-Shareholders.html

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/doma-perpetual-supports-paciras-new-300-million-share-repurchase-authorization-as-a-meaningful-step-to-enhance-value-for-shareholders-302433304.html

SOURCE DOMA Perpetual

Venu Holding Corporation (NYSE American: VENU) to Present Once-in-a-Lifetime Opportunity at Trump’s Mar-a-Lago

Venu Holding Corporation (NYSE American: VENU) to Present Once-in-a-Lifetime Opportunity at Trump’s Mar-a-Lago

COLORADO SPRINGS, Colo.–(BUSINESS WIRE)–
Venu Holding Corporation (“VENU” or the “Company”) (NYSE American: VENU), a developer, owner, and operator of upscale live music venues and premium hospitality destinations, announced today that J.W. Roth, Founder, Chairman, and CEO will present VENU’s once-in-a-lifetime opportunity to investors on Tuesday, April 22nd, 2025, at President Trump’s Mar-a-Lago Club in Palm Beach, Florida.

“It’s an honor to once again share VENU’s story at President Trump’s Mar-a-Lago,” said J.W. Roth, Founder, Chairman, and CEO of VENU. “We create exceptional experiences for consumers here at VENU and it’s an honor to engage bright leaders and visionaries who want to participate in our momentum.”

Following the company’s recent annual meeting in March of 2025, VENU announced a remarkable 114% year-over-year increase in total assets, reaching nearly $95 million. The momentum continues to build, with VENU reporting three consecutive months of tens-of-millions in high-demand fractional ownership sales through its Luxe FireSuites.

Luxe FireSuite sales totaled $10.4 million in January, $11.2 million in February, and $17.1 million in March, keeping VENU on pace toward its $200 million annual goal. These figures underscore the strong demand and market traction for VENU’s premium entertainment offerings, and the confidence investors have in its visionary model.

About Venu Holding Corporation

Venu Holding Corporation (“VENU”) (NYSE American: VENU), founded by Colorado Springs entrepreneur J.W. Roth, is a premier hospitality and live music venue developer dedicated to crafting luxury, artist-centric, experience-driven entertainment destinations. VENU’s campuses in Colorado Springs, Colorado, and Gainesville, Georgia, each feature Bourbon Brothers Smokehouse and Tavern, The Hall at Bourbon Brothers, and unique to Colorado Springs, Notes Eatery and the 9,570-seat Ford Amphitheater. Expanding with new multi-season Sunset Amphitheaters in Oklahoma and Texas, VENU’s upcoming large-scale venues will host between 12,500 and 20,000 guests, continuing VENU’s vision of redefining the premium live entertainment experience. Click here to view our company overview.

VENU has been recognized nationally by The Wall Street Journal, The New York Times, Denver Post, Billboard, VenuesNow, and Variety for its innovative and disruptive approach to live entertainment. Through strategic partnerships with industry leaders such as AEG Presents and NFL Hall of Famer and Founder of EIGHT Elite Light Beer, Troy Aikman, VENU continues to shape the future of the entertainment landscape. For more information, visit venu.live.

Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company’s filings with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Media Relations

Chloe Hoeft

Venu Holding Corporation (“VENU”)

719-895-5470

[email protected]

Investor Relations

Dave Gentry

RedChip Companies, Inc.

1-407-644-4256

[email protected]

KEYWORDS: United States North America Florida Colorado

INDUSTRY KEYWORDS: Music Events/Concerts General Entertainment Other Entertainment Entertainment

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Titan America Welcomes Jason Morin as New President of Florida Business Unit

Titan America Welcomes Jason Morin as New President of Florida Business Unit

Jason Morin succeeds Randy Dunlap who will remain with Titan America as Executive Director, Growth & Strategy

NORFOLK, Va.–(BUSINESS WIRE)–
Titan America SA (“Titan America”) (NYSE: TTAM), a leading vertically-integrated producer of cement and building materials with operations along the U.S. East Coast, is pleased to announce that Jason Morin is joining Titan America as President, Florida Business Unit, succeeding Randy Dunlap, who has served in the role since 2014 and will continue with Titan America as Executive Director, Growth & Strategy. Jason and Randy will both serve on Titan America’s Executive Committee.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250421874675/en/

Jason Morin, Titan America's new Florida Business Unit President

Jason Morin, Titan America’s new Florida Business Unit President

Jason will be based in Deerfield Beach, Florida and report directly to President & CEO Bill Zarkalis. We expect that Jason will lead the Florida Business Unit of Titan America into a new chapter of topline growth, margin expansion, and value creation while strengthening ongoing relationships with customers, suppliers, and communities where Titan America operates. The Florida Business Unit includes the Pennsuco cement plant and adjacent aggregate plant, both the largest of their kind in Florida, as well as 40 ready-mix plants, three quarries, eight concrete block plants, two fly ash plants, along with rail and marine import terminals.

Jason Morin brings a wealth of industry experience and expertise to Titan America’s leadership team. After service as an officer in the US Army, he began his commercial career at General Electric working in multiple strategic sourcing and operations leadership roles. He entered the heavy materials industry in 2001 with Holcim, serving as Production Manager, Plant Manager, VP of Environmental & Government Affairs, and VP of Manufacturing. In 2015, Jason joined Summit Materials’ Continental Cement division, helping to integrate a major acquisition with executive leadership positions in operations and sales. In 2019, Jason was appointed CEO of Black Mountain Sand, where he served until 2023. Most recently, Jason founded Rearden Advisors, providing industrial clients with advisory services in the areas of operational excellence and strategic mergers and acquisitions. Jason holds a bachelor’s degree from Clarkson University in Engineering & Management and an MBA from Missouri State University.

Randy Dunlap will transition roles to serve as Executive Director, Growth & Strategy to focus on strategic growth efforts across Titan America. After more than a decade as the Florida Business Unit President, Randy has made significant contributions in the development of the business.

“I welcome Jason to the Titan America executive leadership team and to the Titan family,” says Bill Zarkalis, President & CEO of Titan America. “Jason’s deep industry experience and expertise will be critical to the growth of our Florida business in the coming months and years. I also would like to express my deep gratitude and admiration to Randy for his years of service to our company, especially the last 11 years in which we worked closely together on our Executive Committee. I’m sure he will continue his track record of success in his new role as our Executive Director, Growth & Strategy.”

“I am honored by the opportunity to join the Titan family at this exciting point in the company’s history,” says Jason Morin, President, Florida Business Unit at Titan America. “I look forward to working with Bill, Randy, and the rest of the leadership team in delivering innovative products and solutions to our customers.”

About Titan America SA

Titan America is a leading vertically-integrated producer of cement and building materials in the high-growth economic mega-regions of the U.S. East Coast, with operations and leading market positions across Florida, the Mid-Atlantic, and Metro New York/New Jersey. Titan America’s family of company brands includes Essex Cement, Roanoke Cement, Titan Florida, Titan Virginia Ready-Mix, S&W Ready-Mix, Powhatan Ready Mix, Titan Mid-Atlantic Aggregates, and Separation Technologies. Titan America’s operations include cement plants, construction aggregates and sand mines, ready-mix concrete plants, concrete block plants, fly ash production facilities, marine import and rail terminals, and distribution hubs.

Forward-Looking Statements

This press release may include forward-looking statements. Forward-looking statements are statements regarding or based upon our management’s current intentions, beliefs or expectations relating to, among other things, Titan America’s future results of operations, financial condition, liquidity, prospects, growth, strategies, developments in the industry in which we operate and the proposed offering. In some cases, you can identify forward-looking statements by terminology such as “expect,” “will,” and other similar expressions that are predictions of or indicate future events and future trends, or the negative of these terms or other comparable terminology. By their nature, forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results or future events to differ materially from those expressed or implied thereby. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Forward-looking statements contained in this report regarding trends or current activities should not be taken as a report that such trends or activities will continue in the future. Titan America undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on any such forward-looking statements, which speak only as of the date of this report. The information contained in this report is subject to change without notice. No warranty, express or implied, is made as to the fairness, accuracy, reasonableness or completeness of the information contained herein and no reliance should be placed on it.

Philip Ballard, Head of Communications & Public Affairs

Email: [email protected]

KEYWORDS: United States North America Florida Virginia

INDUSTRY KEYWORDS: Mining/Minerals Residential Building & Real Estate Commercial Building & Real Estate Natural Resources Construction & Property Other Manufacturing Maritime Building Systems Transport Landscape Manufacturing Logistics/Supply Chain Management

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Jason Morin, Titan America’s new Florida Business Unit President