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BCB Bancorp, Inc. Announces Extension of Exchange Offer for its 9.25% Fixed-to-Floating Rate Subordinated Notes Due 2034

BCB Bancorp, Inc. Announces Extension of Exchange Offer for its 9.25% Fixed-to-Floating Rate Subordinated Notes Due 2034

BAYONNE, N.J.–(BUSINESS WIRE)–
BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today announced that it had extended its offer (the “exchange offer”) to exchange up to $40 million aggregate principal amount of its outstanding 9.25% Fixed-to-Floating Rate Subordinated Notes due 2034 (the “Old Notes”) for an equivalent amount of its 9.25% Fixed-to-Floating Rate Subordinated Notes due 2034 registered under the Securities Act of 1933, as amended (the “Exchange Notes”). $40 million aggregate principal amount of Old Notes were issued and sold by the Company in August 2024 in a private offering.

The exchange offer, previously scheduled to expire at 5:00 p.m., Eastern Time, on Tuesday, December 3, 2024, will now expire at 5:00 p.m., Eastern Time, on Thursday, December 5, 2024, unless further extended. $39 million in aggregate principal amount, or 97.5%, of the outstanding Old Notes were tendered in the exchange offer as of 5:00 p.m., Eastern Time, on December 3, 2024.

The terms of the exchange offer are set forth in a prospectus dated October 31, 2024. Copies of the prospectus and the other exchange offer documents may be obtained from the exchange agent:

UMB Bank, N.A.

Attn: Corporate Trust Officer/James Henry

5555 San Felipe, Suite 870

Houston, Texas 77056

Telephone: (512) 582-5851

Email: [email protected]

Facsimile (for eligible institutions only): (512) 582-5855

This press release is for informational purposes only and is neither an offer to buy or sell nor a solicitation of an offer to buy or sell any Old Notes or Exchange Notes. The exchange offer is being made only pursuant to the exchange offer prospectus, which is being distributed to holders of the Old Notes and has been filed with the Securities and Exchange Commission as part of the Company’s Registration Statement on Form S-4 (File No. 333-282784), which was declared effective on October 30, 2024.

About BCB Bancorp, Inc.

BCB Bancorp, Inc. is a New Jersey corporation established in 2003, and is the holding company parent of BCB Community Bank. The Company has not engaged in any significant business activity other than owning all of the outstanding common stock of the Bank. Established in 2000 and headquartered in Bayonne, N.J., the Bank is the wholly-owned subsidiary of BCB Bancorp, Inc. (NASDAQ: BCBP). The Bank has twenty-three branch offices in Bayonne, Edison, Hoboken, Fairfield, Holmdel, Jersey City, Lyndhurst, Maplewood, Monroe Township, Newark, Parsippany, Plainsboro, River Edge, Rutherford, South Orange, Union, and Woodbridge, New Jersey, and three branch offices in Hicksville and Staten Island, New York. The Bank provides businesses and individuals a wide range of loans, deposit products, and retail and commercial banking services. For more information, please go to www.bcb.bank.

Forward-Looking Statements

This release, like many written and oral communications presented by BCB Bancorp, Inc., and our authorized officers, may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of said safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of the Company, are generally identified by use of words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “project,” “seek,” “strive,” “try,” or future or conditional verbs such as “could,” “may,” “should,” “will,” “would,” or similar expressions. Our ability to predict results or the actual effects of our plans or strategies is inherently uncertain. Accordingly, actual results may differ materially from anticipated results.

The most significant factor that could cause future results to differ materially from those anticipated by our forward-looking statements include the ongoing impact of higher inflation levels, higher interest rates and general economic and recessionary concerns, all of which could impact economic growth and could cause a reduction in financial transactions and business activities, including decreased deposits and reduced loan originations, our ability to manage liquidity and capital in a rapidly changing and unpredictable market, supply chain disruptions, labor shortages and additional interest rate increases by the Federal Reserve. Other factors that could cause future results to vary materially from current management expectations as reflected in our forward-looking statements include, but are not limited to: the global impact of the military conflicts in the Ukraine and the Middle East; unfavorable economic conditions in the United States generally and particularly in our primary market area; the Company’s ability to effectively attract and deploy deposits; the impact of any future pandemics or other natural disasters; changes in the Company’s corporate strategies, the composition of its assets, or the way in which it funds those assets; shifts in investor sentiment or behavior in the securities, capital, or other financial markets, including changes in market liquidity or volatility; the effects of declines in real estate values that may adversely impact the collateral underlying our loans; increase in unemployment levels and slowdowns in economic growth; our level of non-performing assets and the costs associated with resolving any problem loans including litigation and other costs; the impact of changes in interest rates and the credit quality and strength of underlying collateral and the effect of such changes on the market value of our loan and investment securities portfolios; the credit risk associated with our loan portfolio; changes in the quality and composition of the Bank’s loan and investment portfolios; changes in our ability to access cost-effective funding; deposit flows; legislative and regulatory changes, including increases in Federal Deposit Insurance Corporation, or FDIC, insurance rates; monetary and fiscal policies of the federal and state governments; changes in tax policies, rates and regulations of federal, state and local tax authorities; demands for our loan products; demand for financial services; competition; changes in the securities or secondary mortgage markets; changes in management’s business strategies; changes in consumer spending; our ability to retain key employees; the effects of any reputational, credit, interest rate, market, operational, legal, liquidity, or regulatory risk; expanding regulatory requirements which could adversely affect operating results; civil unrest in the communities that we serve; and other factors discussed elsewhere in this report, and in other reports we filed with the SEC, including under “Risk Factors” in Part I, Item 1A of our Annual Report on Form 10-K, and our other periodic reports that we file with the SEC.

Michael Shriner,

President & CEO

Jawad Chaudhry,

EVP & CFO

(201) 823-0700

KEYWORDS: United States North America New Jersey

INDUSTRY KEYWORDS: Banking Professional Services Finance

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Landmark HIFI Study Publication Demonstrates Positive Outcomes with Focal One® Robotic HIFU Versus Surgery in the Management of Prostate Cancer

        

  • HIFI Study is the largest (N = 3,328) prospective, comparative, multi-center clinical study ever conducted comparing prostate cancer treatments
  • Positive study results are expected to drive further adoption of Focal One as a first line treatment option for the management of localized prostate cancer
  • Study shows Focal One Robotic HIFU is non-inferior to surgery, meeting primary endpoint of non-inferiority for Salvage Treatment-free Survival (STFS) after High Intensity Focused Ultrasounds (HIFU) compared to Radical Prostatectomy (RP) at 30 months
  • Study shows that patients receiving HIFU had better outcomes with respect to urinary continence and erectile function compared to patients receiving RP

LYON, France, December 4, 2024 – EDAP TMS SA (Nasdaq: EDAP), the global leader in robotic energy-based therapies, today announced the publication of the full results from the HIFI study in the prestigious, peer-reviewed journal, European Urology, which has the highest impact factor amongst scientific journals focused in urology. The study evaluated HIFU versus radical prostatectomy (RP) as a first line treatment of localized prostate cancer. The paper is entitled “Whole-gland or Subtotal High-intensity Focused Ultrasound Versus Radical Prostatectomy: The Prospective, Noninferiority, Nonrandomized, HIFI Trial” and is authored by Dr. Guillaume Ploussard from Department of Urology, UROSUD, Clinique La Croix du Sud, France. A link to the publication can be found here.

“The publication of the HIFI study in European Urology will importantly serve to increase awareness amongst the global urology and patient community on how robotic HIFU technology is rapidly changing the treatment paradigm for patients with localized, early-stage prostate cancer,” said Professor Pascal Rischmann, Principal Investigator of the HIFI trial and senior author of the publication. “It is clear that a growing number of men with localized prostate cancer are seeking less invasive, tissue-sparing treatment options that will help preserve their sexual function and urinary continence. The data from the HIFI Study not only underscores HIFU’s excellent oncologic control, but also highlights its significantly better functional outcomes when compared to radical prostatectomy.”

“We are pleased to announce the publication of the HIFI study results in the prestigious medical journal, European Urology,” said Ryan Rhodes, Chief Executive Officer of EDAP TMS. “As the single largest and most rigorous clinical study ever conducted comparing oncologic and functional outcomes between Focal One robotic HIFU and radical prostatectomy, the publication of this data highlights the substantial clinical benefits of Focal One as an important, first line treatment option for the management of localized prostate cancer. We believe the publication of such important, positive results will provide additional momentum to growing Focal One adoption, while further advancing treatment decision guidelines.”

HIFI is the first prospective, multi-center, non-inferiority comparative study evaluating HIFU and RP in the management of localized prostate cancer. This seven-year study (April 2015 – March 2022) enrolled a total of 3,328 patients from 46 treatment centers: 1,967 consecutive patients were treated with EDAP’s robotic HIFU technologies, where Focal One was used for 90% of the patients, and 1,361 patients underwent radical prostatectomy surgery. All patients were followed for 30 months.

Clinical Data Highlights:

  • At 30 months, the adjusted STFS was higher in the HIFU arm (90%) compared with RP arm (86%)
  • The propensity score-adjusted result is similar to the univariate result (HR=0.71 [95%CI, 0.52-0.97], p=0.008). After adjustment on different variables (Age, BMI, ASA score, Grade Group, prostate volume, PSA): the risk of salvage treatment is lower in the HIFU arm compared to RP. This result remains true when analyzing the subgroup with intermediate risk (HR=0.66 [95%CI, 0.50-0.86], p=0.001).
  • International Continence Society (ICS) score, a measure of stress urinary incontinence was significantly less deteriorated for HIFU (29%) vs, RP (44%) (RR=0.66 [95%CI, 0.59-0.74], p<0.001) for all ages combined.
  • International Index of Erectile Function-5 (IIEF-5), a well validated measurement of erectile function, decreased significantly less after HIFU than after RP with a drop in difference in medians from -9 (-10;-7.7) to -3.0 (-3.9; -2.1) between both groups, for all ages included.
  • Post-procedural benefits of HIFU on both erectile function and urinary continence were demonstrated despite patients in the HIFU-treated group being an average of 9.6 years older (median age was 74.7 years for HIFU vs 65.1 years for RP, p<0.001)

About

European Urology

European Urology is the official journal of the European Association of Urology (EAU). European Urology publishes peer-reviewed original articles and topical reviews on a wide range of urological problems. Topics such as oncology, impotence, infertility, pediatrics, lithiasis and endourology, as well as recent advances in techniques, instrumentation, surgery and pediatric urology provide readers with a complete guide to international developments in urology. Published monthly, European Urology is an important journal for all clinicians and researchers in this field. The 2023 Impact Factor of European Urology is 25.3, the highest impact factor of all urology-focused scientific journals.

About EDAP TMS SA

A recognized leader in the robotic energy-based therapies, EDAP TMS develops, manufactures, promotes and distributes worldwide minimally invasive medical devices for various conditions using ultrasound technology. By combining the latest technologies in imaging, robotics and precise non-invasive energy delivery, EDAP TMS introduced the Focal One® in Europe and in the U.S. as the leading prostate focal therapy controlled by urologists with the potential to expand to multiple indications beyond prostate cancer. For more information on the Company, please visit http://www.edap-tms.com, us.hifu-prostate.com and www.focalone.com.

Forward-Looking Statements

In addition to historical information, this press release contains forward-looking statements within the meaning of applicable federal securities laws, including Section 27A of the U.S. Securities Act of 1933 (the “Securities Act”) or Section 21E of the U.S. Securities Exchange Act of 1934, which may be identified by words such as “believe,” “can,” “contemplate,” “could,” “plan,” “intend,” “is designed to,” “may,” “might,” “potential,” “objective,” “target,” “project,” “predict,” “forecast,” “ambition,” “guideline,” “should,” “will,” “estimate,” “expect” and “anticipate,” or the negative of these and similar expressions, which reflect our views about future events and financial performance. Such statements are based on management’s current expectations and are subject to a number of risks and uncertainties, including matters not yet known to us or not currently considered material by us, and there can be no assurance that anticipated events will occur or that the objectives set out will actually be achieved. Important factors that could cause actual results to differ materially from the results anticipated in the forward-looking statements include, among others, the clinical status and market acceptance of our HIFU devices and the continued market potential for our lithotripsy and distribution divisions, as well as risks associated with the current worldwide inflationary environment, the uncertain worldwide economic, political and financial environment, geopolitical instability, climate change and pandemics like the COVID 19 pandemic, or other public health crises, and their related impact on our business operations, including their impacts across our businesses or demand for our devices and services.

Other factors that may cause such a difference may also include, but are not limited to, those described in the Company’s filings with the Securities and Exchange Commission and in particular, in the sections “Cautionary Statement on Forward-Looking Information” and “Risk Factors” in the Company’s Annual Report on Form 20-F.

Forward-looking statements speak only as of the date they are made. Other than required by law, we do not undertake any obligation to update them in light of new information or future developments. These forward-looking statements are based upon information, assumptions and estimates available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete.

Company Contact

Blandine Confort
Investor Relations / Legal Affairs
EDAP TMS SA
+33 4 72 15 31 50
[email protected]

Investor Contact

John Fraunces
LifeSci Advisors, LLC
(917) 355-2395
[email protected]



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Kuehn Law Encourages BRKH, CDMO, EMKR, and CTV Investors to Contact Law Firm

NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) — Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies.

Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process:

BurTech Acquisition Corp. has agreed to merge with Blaize, Inc. Under the agreement, Blaize stockholders will receive shares of BurTech common stock, based on an implied pro forma enterprise value of approximately $1.14 billion, at a price of $10.00 per share.

Avid Bioservices, Inc. has agreed to be acquired by GHO Capital Partners and Ampersand Capital Partners in an all-cash deal worth $1.1 billion. Under the agreement, GHO and Ampersand will acquire Avid shares for $12.50 each in cash.

EMCORE Corporation has entered into a definitive agreement with Velocity One, a newly formed aerospace manufacturing holding company. Upon completion of the merger, EMCORE shareholders will receive $3.10 per share in cash.

Innovid Corp. is set to merge with Mediaocean, a foundational partner for omnichannel advertising. Mediaocean will acquire Innovid at a price of $3.15 per share of common stock, valuing the deal at $500 million.

Why Your Participation Matters:


SHAREHOLDER CASES: ADDRESSING THE INJUSTICE

As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™

How to Get Involved:

Kuehn Law is dedicated to safeguarding shareholder interests. Concerned shareholders are encouraged to contact the Firm at [email protected] or call (833) 672-0814. Kuehn Law covers all case costs and does not charge its investor clients. Shareholders are advised to act promptly, as legal rights may be time-sensitive. For additional information, please visit Merger Litigation – Kuehn Law.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts:

Moon K. Young
Chief of Operations
Kuehn Law, PLLC
53 Hill Street, Suite 605
Southampton, NY 11968
[email protected]
(833) 672-0814



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MeridianLink Earns 2024 Great Place To Work Certification™ for Fifth Consecutive Year

MeridianLink Earns 2024 Great Place To Work Certification™ for Fifth Consecutive Year

COSTA MESA, Calif.–(BUSINESS WIRE)–MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, is proud to be Certified™ by Great Place To Work® for the fifth consecutive year. The prestigious award is based entirely on what current employees say about their experience working at MeridianLink®.

Great Place To Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention, and increased innovation.

“Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience,” said Sarah Lewis-Kulin, vice president of Global Recognition at Great Place To Work. She emphasizes that Certification is the sole official recognition earned by the real-time feedback of employees regarding their company culture. “By successfully earning this recognition, it is evident that MeridianLink stands out as one of the top companies to work for, providing a great workplace environment for its employees.”

“For the fifth consecutive year, MeridianLink has been selected as a Great Place To Work, a recognition of the commitment we make to our employees every day,” said Nicolaas Vlok, chief executive officer at MeridianLink. “As a remote-first organization, we are honored to receive this Certification which speaks volumes about the Company’s distinctive culture that transcends location. I am proud of our team and want to thank them for making our workplace one where everyone can thrive.”

Between its employee resource groups (ERGs), mentorship programs pairing new employees with more seasoned team members, and creating a celebratory environment that recognizes holidays, birthdays, work anniversaries, and other milestones, MeridianLink’s culture can be felt by its employees across the country.

According to Great Place To Work research, job seekers are 4.5 times more likely to find a great boss at a Certified great workplace. Additionally, employees at Certified workplaces are 93% more likely to look forward to coming to work, and are twice as likely to be paid fairly, earn a fair share of the company’s profits and have a fair chance at promotion.

WE’RE HIRING!

Looking to grow your career at a company that puts its people first? Visit our careers page at: https://www.meridianlink.com/careers

ABOUT MERIDIANLINK

MeridianLink® (NYSE: MLNK) empowers financial institutions and consumer reporting agencies to drive efficient growth. MeridianLink’s cloud-based digital lending, account opening, background screening, and data verification software solutions leverage shared intelligence from a unified data platform, MeridianLink® One, to enable customers of all sizes to identify growth opportunities, effectively scale up, and support compliance efforts, all while powering an enhanced experience for staff and consumers alike.

For more than 25 years, MeridianLink has prioritized the democratization of lending for consumers, businesses, and communities. Learn more at www.meridianlink.com.

About Great Place to Work Certification™

Great Place To Work® Certification™ is the most definitive “employer-of-choice” recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place To Work-Certified.

About Great Place To Work®

As the global authority on workplace culture, Great Place To Work® brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Their proprietary platform and For All™ Model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified™ or receiving recognition on a coveted Best Workplaces™ List.

Learn more at greatplacetowork.com and follow Great Place To Work on LinkedIn, Twitter, Facebook and Instagram.

Press Contact

Sydney Wishnow

(508) 808-9060

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Professional Services Data Management Technology Software Finance Fintech Internet

MEDIA:

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Roku’s Chief Financial Officer to Participate at UBS Global Media and Communications Conference

Roku’s Chief Financial Officer to Participate at UBS Global Media and Communications Conference

SAN JOSE, Calif.–(BUSINESS WIRE)–
Today, Roku, Inc. (NASDAQ: ROKU) announced that Chief Financial Officer Dan Jedda will participate in the UBS Global Media and Communications Conference in New York, New York on Monday, Dec. 9. Jedda is scheduled to participate in a fireside conversation at 10:30 AM ET.

A link to the live webcast and replay will be available on Roku’s Investor Relations site at https://www.roku.com/investor.

About Roku, Inc.

Roku pioneered streaming on TV. We connect users to the content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku TV™ models, Roku streaming players, and TV-related audio devices are available in various countries around the world through direct retail sales and/or licensing arrangements with TV OEM brands. Roku-branded TVs and Roku Smart Home products are sold exclusively in the United States. Roku also operates The Roku Channel, the home of free and premium entertainment with exclusive access to Roku Originals. The Roku Channel is available in the United States, Canada, Mexico, and the United Kingdom. Roku is headquartered in San Jose, Calif., U.S.A.

Roku is a registered trademark, and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries.

Media

Jack Evans

[email protected]

Investor Relations

Conrad Grodd

[email protected]

KEYWORDS: United States North America California New York

INDUSTRY KEYWORDS: Advertising Entertainment Consumer Electronics Communications Technology TV and Radio Online

MEDIA:

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ARRAY Technologies and RP Surpass 6GW of Solar Power Deployed

ARRAY and RP’s long-time partnership surpasses 6GW of solar power

ALBUQUERQUE, N.M., Dec. 04, 2024 (GLOBE NEWSWIRE) — ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in solar tracker solutions, announced today that it has deployed more than 6GW of solar projects in North America through its partnership with RP Construction Services (RP), a leading value-added distributor of solar construction materials.

The ARRAY and RP teams have worked together since 2009 to serve leading solar developers and contractors across a diverse range of portfolios and projects. With a shared commitment to enabling homegrown renewable energy, ARRAY and RP have focused over the years on creating effective partnerships between employees, customers, and communities, uniting them around a goal to boost the local economy while providing clean energy.

“We’re incredibly proud of this milestone, which would not have been possible without the strong partnership of RP,” said Kevin G. Hostetler, chief executive officer at ARRAY. “Our shared vision of driving clean energy transformation remains strong, and I’m confident that our collaboration will continue to accelerate solar adoption and contribute meaningfully to the continent’s energy future.”

“Since we started, our partnership with ARRAY has enabled hundreds of solar projects across the United States, and we expect the trend to continue in the years ahead,” said Eben Russell, founder and president at RP. “Given the rapid increases in electricity demand that we’re seeing, the agility that we bring to our partners is more relevant than ever.”

As ARRAY’s value-added distributor, RP supports ARRAY’s broad range of tracker products, technology and services with comprehensive design solutions, on-hand inventory, kitting and pre-assembly, logistics services, and post-installation service and commissioning.

RP is currently supplying and supporting ARRAY tracker deployments across the country, assisting major solar companies with their growing portfolios of single-axis tracker projects.

Forward Looking Statements

This press release contains forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors. Forward-looking statements should be evaluated together with the risks and uncertainties that affect our business and operations, particularly those described in more detail in the Company’s most recent Annual Report on Form 10-K and other documents on file with the SEC, each of which can be found on our website www.arraytechinc.com. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

About ARRAY 

ARRAY Technologies (NASDAQ: ARRY) is a leading global renewable energy company and provider of utility-scale solar tracking technology. Engineered to withstand the harshest conditions on the planet, ARRAY’s high-quality solar trackers and sophisticated software maximize energy production, accelerating the adoption of cost-effective and sustainable energy. Founded and headquartered in the United States, ARRAY relies on its diversified global supply chain and customer-centric approach to deliver, commission, and support solar energy developments around the world, lighting the way to a brighter, smarter future for clean energy. For more news and information on ARRAY, please visit arraytechinc.com. 

About RP
RP Construction Services, LLC (RP) is the nation’s leading value-added distributor of utility-scale solar equipment. RP offers the industry’s best solar tracker technologies supported by a suite of project enablement services, including design engineering, warehousing and logistics, pre-assembly, and mechanical installation to provide solar EPCs and developers simple, high-performance solar tracking solutions. Since 2014, RP has delivered more than 6GW of fully engineered single-axis solar tracking systems to customer sites across the United States and Canada. Our team currently consists of more than 300 individuals working to accelerate and simplify solar deployment. Connect with RP on LinkedIn or learn more at www.rpcs.com. RP is a proud member of the Quanta Services family of companies.

Media Contact: ARRAY

Nicole Stewart
505-589-8257
[email protected]

Media Contact: RP Construction Services

Bri Bruce
831-620-2188
[email protected]

Investor Relations Contact

Array Technologies, Inc.
Investor Relations
[email protected]



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Tenable Adds Patch Management to Rapidly Close Security Exposures

Autonomous patching streamlines discovery to remediation, with customizable controls that prevent problematic updates

COLUMBIA, Md., Dec. 04, 2024 (GLOBE NEWSWIRE) — Tenable®, the exposure management company, today announced the release of Tenable Patch Management, an autonomous patch solution built to quickly and effectively close vulnerability exposures in a unified solution. A strategic partnership and integration with Adaptiva, a global leader in autonomous endpoint management, provides the foundation of the solution.

Vulnerability remediation remains a critical challenge as identifying, testing and installing the countless patches released every day is cumbersome. A recent Tenable report found that only 11% of organizations say they are efficient at vulnerability remediation. The result is that organizations are exposed for long periods of time, as attackers’ average time-to-exploitation has shrunk from 32 days to five.1

Tenable Patch Management addresses these issues head on. The integrated solution pairs autonomous patch functionality from Adaptiva with Tenable’s leading vulnerability coverage, built-in prioritization, threat intelligence and real-time insight to empower organizations to close the loop on vulnerability exposure through automated correlation of vulnerabilities to available patches. With Tenable Patch Management organizations shorten the time from discovery to remediation by knowing the most impactful vulnerabilities across their environments, exposing priority gaps and taking rapid, decisive action to close critical exposures.

Tenable Patch Management mobilizes teams to take action against vulnerabilities with full control to determine when, how and where a patch is deployed. Organizations can autonomously patch with confidence, with customizable controls and automatic patch testing that blocks problematic updates from going out.

“Tenable’s approach to patch management keeps security teams in the driver’s seat,” said Shai Morag, chief product officer, Tenable. “Organizations can accurately remediate exposures, streamlining the time from discovery to remediation all while in full control. The combined power of Tenable’s market-leading identification and prioritization and Adaptiva’s innovative autonomous patch functionality enables enterprises of all sizes to close the gap between security and IT and free up team resources to focus on the threats that matter most to their business.”

Available as an add on in Tenable One, Tenable Vulnerability Management, Tenable Security Center and Tenable Enclave Security, Tenable Patch Management includes:

  • Automated correlation between vulnerabilities and available patches, helping teams overcome the bottleneck that occurs between prioritization and remediation.
  • Automated patching with customizable controls and approval management capabilities, giving IT admins the ability to define and edit specific approval settings and real-time control of deployment actions, including targeted or global pausing, canceling, rolling back patches and applying precise controls like version management and product exceptions.
  • Automatic validation enables teams to easily confirm that a remediation was successful following the subsequent scan.
  • Monitor compliance status to align with company policy, while providing leadership with easy-to-use metrics that can be shared with executives.

More information on Tenable Patch Management is available at: https://tenable.com/products/patch-management

1 Mandiant report, “How Low Can You Go? An Analysis of 2023 Time-to-Exploit Trends 2023”, October 2024

About Tenable

Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for approximately 44,000 customers around the globe. Learn more at tenable.com.

Media Contact:

Tenable
[email protected]



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LegalZoom to Present at the Barclays 22nd Annual Global Technology Conference

MOUNTAIN VIEW, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) — LegalZoom (Nasdaq: LZ) today announced that Jeff Stibel, Chairman and Chief Executive Officer, and Noel Watson, Chief Operating Officer and Chief Financial Officer, will present at the Barclays 22nd Annual Global Technology Conference on Wednesday, December 11, 2024.

Management’s fireside chat will begin at 2:30 p.m. PT. A live audio webcast and replay will be available on the LegalZoom Investor Relations website at https://investors.legalzoom.com.


About LegalZoom


LegalZoom is a leading online platform for business formation in the United States. Driven by a mission to unleash entrepreneurship, LegalZoom delivers comprehensive legal and compliance products and expertise for small business owners through easy-to-use technology. From free business formations to business management solutions and professional advisory services, LegalZoom supports millions of small business owners and their families throughout the entrepreneurial journey. Founded on the belief that everyone should have affordable access to legal and financial expertise, LegalZoom empowers entrepreneurs to make their dream a reality. For more information, please visit www.legalzoom.com.


Contact


[email protected]



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United Development Funding IV Announces Distributions for Q4 2024

IRVING, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that on November 7, 2024, its board of trustees authorized a cash distribution of $0.065 per share, approximately $2 million in the aggregate, payable on December 31, 2024, to shareholders of record at the close of business on December 24, 2024 (the “Fourth Quarter Distribution”).

On December 2, 2024, UDF IV announced that it entered into a definitive merger agreement pursuant to which Ready Capital Corporation (NYSE:RC) will acquire UDF IV (the “Merger”). The Merger is expected to close in the first half of 2025, subject to the approval of UDF IV shareholders and other customary closing conditions. In connection with the Merger, UDF IV will distribute up to $75 million of cash on its pre-closing balance sheet to its shareholders prior to the Merger closing less: the Fourth Quarter Distribution and such further amount as may be necessary to assure UDF IV satisfies the minimum cash closing condition required under the merger agreement.   Please visit udfforshareholders.com for more detailed information about the proposed Merger.

Additional Information about the Merger

In connection with the proposed Merger, UDF IV expects to call a special meeting of its shareholders to approve the Merger and to distribute a proxy statement and other documents to its shareholders in connection with the special meeting and Ready Capital expects to file with the SEC a registration statement on Form S-4, containing a prospectus and the UDF IV proxy statement, and other documents with respect to the proposed Merger. The Ready Capital prospectus and the UDF IV proxy statement will contain important information about the proposed transaction and related matters. SHAREHOLDERS OF UDF IV ARE URGED TO READ THE REGISTRATION STATEMENT, THE PROSPECTUS AND THE UDF IV PROXY STATEMENT (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS TO EACH OF THEM) AND OTHER RELEVANT DOCUMENTS FILED BY READY CAPITAL WITH THE SEC AND MADE AVAILABLE BY UDF IV CAREFULLY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT READY CAPITAL, UDF IV AND THE PROPOSED MERGER.

UDF IV shareholders may obtain free copies of the registration statement, the prospectus and other relevant documents filed by Ready Capital with the SEC (if and when they become available) through the website maintained by the SEC at www.sec.gov. Copies of the documents filed by Ready Capital with the SEC are also available free of charge on Ready Capital’s website at www.readycapital.com. UDF IV shareholders may obtain free copies of the proxy statement and other relevant documents made available by UDF IV free of charge on UDF IV’s website at www.udfonline.com.

This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended (the “Securities Act”).

Forward-Looking Statements

This press release contains forward-looking statements that relate to, among other things, the timing of the closing of the Merger and the payment of pre-closing distributions to UDF IV’s shareholders in connection with the Merger. Such forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” or other similar words, are based on current expectations and beliefs of UDF IV and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. UDF IV cannot provide any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include, but are not limited to, the risk that the Merger will not be consummated within the expected time period or at all; the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; the inability to obtain UDF IV shareholder approval of the Merger or the failure to satisfy the other conditions to completion of the Merger; risks that will affect the amount of the pre-closing dividend to UDF IV shareholders, including, among others, developments in litigation involving UDF IV; risks that will affect the amount of payments under the CVRs, if any, including, among others, the performance of the specified UDF IV loans and developments in litigation involving UDF IV. UDF IV does not undertake any obligation to update these statements for revisions or changes after the date of this press release, except as required by law.

About United Development Funding IV

United Development Funding IV is a Maryland real estate investment trust. UDF IV was formed primarily to generate current interest income by investing in secured loans and producing profits from investments in residential real estate. Additional information about UDF IV can be found on its website at www.udfiv.com. UDF IV may disseminate important information regarding its operations, including financial information, through social media platforms such as Twitter, Facebook and LinkedIn.

Investor Contact:

Investor Relations
1-800-859-9338
[email protected]



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Guardforce AI Accelerates AI Agent Capabilities Through Collaboration with Librum Technologies

NEW YORK, NY, Dec. 04, 2024 (GLOBE NEWSWIRE) — Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, today announced a significant advancement in its collaboration with Librum Technologies, Inc., (“Librum”), a Massachusetts based technology company founded by leading AI researchers and professors. This partnership focuses on developing cutting-edge AI agents that serve as the technological foundation for the Company’s AI-powered travel and purchasing solutions.

This advancement represents a pivotal step in advancing Guardforce AI’s technological capabilities. The Company’s AI agents are designed to interpret complex user requests and provide personalized solutions, which are key functionalities for the Company’s forthcoming AI solutions in travel assistant and retail purchasing. By providing tailored recommendations, these AI Agents enhance the user experience, drive innovation and solidify Guardforce AI’s technological foundation.

Librum’s proprietary “AI-oracle machines for intelligent computing” technology enhances the precision and interpretability of computational results by seamlessly integrating advanced algorithms with AI models, including in-house trained models and pre-trained Large Language Models (LLMs), Large Reasoning Models (LRMs), and Large Vision Models (LVMs). This innovative fusion approach dynamically applies the most suitable AI models to address specific queries during computation, ensuring alignment with user-provided data, maintaining consistency, and minimizing hallucinations.

“We are thrilled to work with Librum’s exceptional AI team, composed of highly skilled PhDs and esteemed professors, in this innovative and transformative partnership,” said Lei (Olivia) Wang, the Chairwoman and CEO of Guardforce AI. “The enhanced AI agents have completed the initial proof-of-concept phase and continue to evolve, demonstrating strong potential across a wide range of applications. From enhancing customer engagement to streamlining operations, these advancements underline the versatility of our AI technology. This collaboration accelerates our progress toward realizing our vision of vertical AI applications that enhance operational efficiency and deliver measurable value for our clients.”

About Guardforce AI Co., Ltd.

Guardforce AI Co., Limited (NASDAQ: GFAI/GFAIW) is an integrated solution provider, specializing in security solutions, and focusing on implementing AI and robotics solutions to improve business operational efficiency and sales and marketing process, especially for the retail and travel industry in the Asia Pacific. Drawing upon 42 years’ operational experience, established premiere long-term customer base, and sales channels, Guardforce AI has built a robust foundation towards the next level of elevating tailored AI solutions and expanding globally.

For more information, visit www.guardforceai.com Twitter: @Guardforceai.


Safe Harbor Statement

This press release contains statements that do not relate to historical facts but are “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can generally (although not always) be identified by their use of terms and phrases such as anticipate, appear, believe, continue, could, estimate, expect, indicate, intend, may, plan, possible, predict, project, pursue, will, would and other similar terms and phrases, as well as the use of the future tense. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and annual reports under the heading “Risk Factors” as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements in this press release speak only as of the date hereof. Unless otherwise required by law, we undertake no obligation to publicly update or revise these forward-looking statements, whether because of new information, future events or otherwise.

Investor Relations:

David Waldman or Natalya Rudman
Crescendo Communications, LLC
Email: [email protected] 
Tel: 212-671-1020

Guardforce AI Corporate Communications

Hu Yu
Email: [email protected]