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Energy Transfer Announces Increase in Quarterly Cash Distribution

Energy Transfer Announces Increase in Quarterly Cash Distribution

DALLAS–(BUSINESS WIRE)–Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.31 per Energy Transfer common unit ($1.24 on an annualized basis) for the second quarter ended June 30, 2023. This cash distribution is an increase from $0.3075 per Energy Transfer common unit for the first quarter of 2023 and will be paid on August 21, 2023, to unitholders of record as of the close of business on August 14, 2023.

Although Energy Transfer cannot guarantee future performance, the Partnership expects to make ongoing quarterly increases to its common unit distribution of $0.0025 ($0.01 on an annualized basis) and is targeting a 3% to 5% annual distribution growth rate.

In addition, as previously announced, Energy Transfer plans to release earnings for the second quarter of 2023 on Wednesday, August 2, 2023, after the market closes. The company will also conduct a conference call on Wednesday, August 2, 2023 at 3:30 p.m. Central Time/4:30 p.m. Eastern Time to discuss quarterly results and provide a company update. The conference call will be broadcast live via an internet webcast, which can be accessed on Energy Transfer’s website at energytransfer.com. The call will also be available for replay on Energy Transfer’s website for a limited time.

Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with nearly 125,000 miles of pipeline and associated energy infrastructure. Energy Transfer’s strategic network spans 41 states with assets in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (“NGL”) and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and approximately 34% of the outstanding common units of Sunoco LP (NYSE: SUN), and the general partner interests and approximately 47% of the outstanding common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer LP website at www.energytransfer.com.

Forward Looking Statements

This news release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results, including future distribution levels, are discussed in the Partnership’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

Qualified Notice

This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that one hundred percent (100%) of Energy Transfer LP’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Energy Transfer LP’s distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not Energy Transfer LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors. For purposes of Treasury Regulation section 1.1446(f)-4(c)(2)(iii), brokers and nominees should treat one hundred percent (100%) of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold.

The information contained in this press release is available on our website at energytransfer.com.

Investor Relations:

Bill Baerg

Brent Ratliff

Lyndsay Hannah

214-981-0795

Media Relations:

Vicki Granado

214-840-5820

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Energy Other Energy Oil/Gas

MEDIA:

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VICI Properties Inc. Completes Acquisition of Rocky Gap Casino Resort

VICI Properties Inc. Completes Acquisition of Rocky Gap Casino Resort

– Expands Partnership with Century Casinos, Inc. by Adding Fourth Asset to Existing Master Lease –

NEW YORK–(BUSINESS WIRE)–
VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) an experiential real estate investment trust, today announced it has completed the previously announced transaction to acquire an interest in the land and buildings associated with Rocky Gap Casino Resort (“Rocky Gap”), located in Flintstone, Maryland from Golden Entertainment, Inc. (NASDAQ: GDEN) for an aggregate purchase price of approximately $203.9 million in cash. The transaction was funded through a combination of cash on hand and proceeds from the partial settlement of forward equity sale agreements.

Simultaneous with the closing of the transaction, Rocky Gap was added to the existing triple-net master lease agreement between VICI Properties and Century Casinos, Inc. (the “Century Master Lease”) and annualized rent increased by $15.5 million.

Additionally, the term of the Century Master Lease was extended such that the lease has a full 15-year initial base lease term, with four 5-year tenant renewal options. The tenant’s obligations under the Century Master Lease continue to be guaranteed by Century Casinos, Inc.

About VICI Properties

VICI Properties Inc. is an S&P 500® experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. VICI Properties’ geographically diverse portfolio consists of 50 gaming facilities across the United States and Canada comprising approximately 124 million square feet and features approximately 60,300 hotel rooms and more than 450 restaurants, bars, nightclubs and sportsbooks. Its properties are occupied by industry leading gaming and hospitality operators under long-term, triple-net lease agreements. VICI Properties has a growing array of investing and financing partnerships with leading non-gaming experiential operators, including Great Wolf Resorts, Cabot, Canyon Ranch and Chelsea Piers. VICI Properties also owns four championship golf courses and 34 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip. VICI Properties’ goal is to create the highest quality and most productive experiential real estate portfolio through a strategy of partnering with the highest quality experiential place makers and operators. For additional information, please visit www.viciproperties.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” “will,” and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond VICI’s control and could materially affect actual results, performance, or achievements. Important risk factors that may affect VICI’s business, results of operations and financial position are detailed from time to time in VICI’s filings with the Securities and Exchange Commission. VICI does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.

Investor Contacts:

[email protected]

(646) 949-4631

Or

David Kieske

EVP, Chief Financial Officer

[email protected]

Moira McCloskey

SVP, Capital Markets

[email protected]

KEYWORDS: United States North America New York Maryland

INDUSTRY KEYWORDS: REIT Casino/Gaming Commercial Building & Real Estate Entertainment Construction & Property

MEDIA:

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View Stockholders Approve Reverse Stock Split

MILPITAS, Calif., July 25, 2023 (GLOBE NEWSWIRE) — View, Inc. (Nasdaq: View) (“View” or the “Company”) today announced that its stockholders approved a reverse stock split of the Company’s Class A common stock, par value $0.0001 per share, at the Company’s 2023 annual meeting of stockholders that was held on July 25, 2023.

The Company will announce a reverse stock split ratio of 60-for-1, 55-for-1, 50-for-1, 45-for-1 or 40-for-1, and the anticipated effective date of the reverse stock split, at a later time.

A reverse stock split would reduce the total number of View’s issued and outstanding shares of common stock, which is expected to result in an increase in the trading price per share. The objective of the reverse stock split is to ensure that View regains full compliance with the Nasdaq Stock Market LLC’s (“Nasdaq”) share price listing rule and maintains its listing on Nasdaq.

As previously announced, to regain compliance, the bid price for the Company’s common stock must close at $1.00 per share or more for a minimum of 10 consecutive business days during the compliance period ending August 14, 2023. View’s common stock continues to be listed on Nasdaq and will continue to trade as usual during the cure period.

About View

View is the leader in smart building technologies that transform buildings to improve human health and experience, reduce energy consumption and carbon emissions, and generate additional revenue for building owners. View Smart Windows use artificial intelligence to automatically adjust in response to outdoor conditions, eliminating the need for blinds and increasing access to natural light. Every View installation includes a cloud-connected smart building platform that can easily be extended to reimagine the occupant experience. View’s products are installed in offices, apartments, airports, hotels, and educational facilities. For more information, please visit: www.view.com.

Forward-Looking Statements

This press release and certain materials View files with the U.S. Securities and Exchange Commission (the “SEC”), as well as information included in oral statements or other written statements made or to be made by View, other than statements of historical fact, contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements are based on current expectations, estimates, assumptions, projections, and management’s beliefs, that are subject to change. There can be no assurance that these forward-looking statements will be achieved; these statements are not guarantees of future performance and are subject to certain risks, uncertainties, and other factors, many of which are beyond View’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. View’s business is subject to a number of risks which are described more fully in View’s Annual Report on Form 10-K for the year ended December 31, 2022, as amended, its Quarterly Reports on Form 10-Q and in its other filings with the SEC. View undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.

Many important factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to those described below. The effect of a reverse stock split on the per share trading price of our common stock cannot be predicted with any certainty, and the outcomes of reverse stock splits for other companies are varied, particularly given that investors may view a reverse stock split as a negative indicator. It is possible that the per share trading price of our common stock after a reverse stock split would not increase in the same proportion as the reduction in the number of our outstanding shares of common stock following the reverse stock split or at all, and a reverse stock split may not result in a per share trading price that would attract investors who do not trade in lower priced stocks. We cannot assure you that if a reverse stock split is implemented, our common stock will be more attractive to investors or that we will regain compliance with the $1.00 minimum average closing share price requirement for continued listing on Nasdaq. If we implement a reverse stock split, the per share trading price of our common stock may decrease due to factors unrelated to the reverse stock split, including our future performance. If a reverse stock split is consummated and the per share trading price of the common stock declines, the percentage decline as an absolute number and as a percentage of our overall market capitalization may be greater than would occur in the absence of a reverse stock split.

A reverse stock split may decrease the liquidity of our common stock and result in higher transaction costs. The liquidity of our common stock may be negatively impacted by a reverse stock split, given the reduced number of shares that would be outstanding after the reverse stock split, particularly if the per share trading price does not increase as a result of the reverse stock split. In addition, if a reverse stock split is implemented, it will increase the number of our stockholders who own “odd lots” of fewer than 100 shares of common stock. Brokerage commission and other costs of transactions in odd lots are generally higher than the costs of transactions of more than 100 shares of common stock.

No Offer of Securities

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

Contacts:

View, Inc.
[email protected]
(408) 493-1358



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Phibro Animal Health Corporation Declares Quarterly Dividend

Phibro Animal Health Corporation Declares Quarterly Dividend

TEANECK, N.J.–(BUSINESS WIRE)–
The Board of Directors of Phibro Animal Health Corporation (Nasdaq: PAHC) today declared a quarterly cash dividend of $0.12 per share on its Class A common stock and Class B common stock, payable on September 27, 2023, to stockholders of record at the close of business on September 6, 2023.

About Phibro Animal Health Corporation

Phibro Animal Health Corporation is a leading global diversified animal health and mineral nutrition company. We strive to be a trusted partner with livestock producers, farmers, veterinarians, and consumers who raise or care for farm and companion animals by providing solutions to help them maintain and enhance the health of their animals. For further information, please visit www.pahc.com.

Phibro Animal Health Corporation

Damian Finio

Chief Financial Officer

+1-201-329-7300

Or

[email protected]

KEYWORDS: New Jersey United States North America

INDUSTRY KEYWORDS: Health Veterinary Other Health

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Silver Spike Investment Corp. Announces Second Quarter 2023 Financial Results Conference Call

NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) — Silver Spike Investment Corp. (“SSIC” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments primarily in the form of direct loans to privately held cannabis companies, today announced it will report financial results for its second quarter ended June 30, 2023, before market open on Friday, August 11, 2023.

SSIC will host a conference call and webcast to discuss the Company’s financial results at 8:00 a.m. Eastern Time on Friday, August 11, 2023. Participants may register for the call here. A live webcast of the call will also be available on the SSIC website at ssic.silverspikecap.com.

A replay of the call will be available at ssic.silverspikecap.com by end of day August 11, 2023.

Call Details – Silver Spike Investment Corp. Second Quarter 2023 Financial Results:

About Silver Spike Investment Corp.

Silver Spike Investment Corp. (“SSIC”) is a specialty finance company formed to invest across the cannabis ecosystem through investments primarily in the form of direct loans to cannabis companies. SSIC has elected to be treated as a business development company under the Investment Company Act of 1940, as amended. SSIC is managed by Silver Spike Capital, LLC, an investment manager focused on the cannabis and alternative health and wellness industries.

Forward-Looking Statements

Certain information contained herein may constitute “forward-looking statements” that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about SSIC, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “will,” “may,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “should,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond SSIC’s control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements including, without limitation, the risks, uncertainties and other factors identified in SSIC’s filings with the SEC. Investors should not place undue reliance on these forward-looking statements, which apply only as of the date on which SSIC makes them. SSIC does not undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law.

Contacts

Investors: Bill Healy
[email protected]
212-905-4933

Media: Alan Oshiki and Sydney Gever
H/Advisors Abernathy
[email protected]
212-371-5999



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Custom Truck One Source to Announce Second Quarter 2023 Financial Results

Custom Truck One Source to Announce Second Quarter 2023 Financial Results

KANSAS CITY, Mo.–(BUSINESS WIRE)–
Custom Truck One Source, Inc. (“Custom Truck One Source” or the “Company”) (NYSE: CTOS) today announced it will release second quarter 2023 financial results after the market close on Tuesday, August 8, 2023.

Management will discuss the results on a conference call at 5:00 p.m. ET on Tuesday, August 8, 2023. The webcast and a presentation of financial information will be available at investors.customtruck.com. To listen by phone, please dial 1-855-327-6837 or 1-631-891-4304. A replay of the call will be available until midnight ET, Tuesday, August 15, 2023, by dialing 1-844-512-2921 or 1-412-317-6671and entering passcode 10022174.

ABOUT CUSTOM TRUCK ONE SOURCE

Custom Truck One Source is one of the largest providers of specialty equipment, parts, tools, accessories and services to the electric utility transmission and distribution, telecommunications and rail markets in North America, with a differentiated “one-stop-shop” business model. The Company offers its specialized equipment to a diverse customer base for the maintenance, repair, upgrade and installation of critical infrastructure assets, including electric lines, telecommunications networks and rail systems. The Company’s coast-to-coast rental fleet of more than 10,200 units includes aerial devices, boom trucks, cranes, digger derricks, pressure drills, stringing gear, hi-rail equipment, repair parts, tools and accessories. For more information, please visit customtruck.com.

INVESTOR CONTACT

Brian Perman, Vice President, Investor Relations

844-403-6138

[email protected]

KEYWORDS: United States North America Missouri

INDUSTRY KEYWORDS: Energy Other Manufacturing Utilities Manufacturing

MEDIA:

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Blackstone Secured Lending Announces Second Quarter 2023 Earnings Release and Conference Call

Blackstone Secured Lending Announces Second Quarter 2023 Earnings Release and Conference Call

NEW YORK–(BUSINESS WIRE)–
Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company”) announced today that it will host its second quarter investor conference call via public webcast on August 9, 2023 at 9:30 a.m. ET. The Company will report its second quarter results prior to the call the morning of August 9, 2023.

To register for the investor call, please use the following link: https://event.webcasts.com/starthere.jsp?ei=1626702&tp_key=79bc76471d

For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Blackstone Secured Lending’s website at https://ir.bxsl.com.

About Blackstone Secured Lending Fund

Blackstone Secured Lending Fund (NYSE:BXSL) is a specialty finance company that invests primarily in the debt of private U.S. companies. As of March 31, 2023, BXSL’s fair value of investments was approximately $9.6 billion. BXSL has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. BXSL is externally managed by Blackstone Credit BDC Advisors LLC, an SEC-registered investment adviser that is an affiliate of Blackstone Inc. Blackstone Inc., together with its subsidiaries, is the world’s largest alternative investment firm with $1 trillion of assets under management as of June 30, 2023.

Forward-Looking Statements and Other Matters

Certain information contained in this communication constitutes “forward-looking statements” within the meaning of the federal securities laws and the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of forward-looking terminology, such as “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “can,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates”, “confident,” “conviction,” “identified” or the negative versions of these words or other comparable words thereof. These may include BXSL’s financial estimates and their underlying assumptions, statements about plans, statements regarding pending transactions, objectives and expectations with respect to future operations, statements regarding future performance, statements regarding economic and market trends and statements regarding identified but not yet closed investments. Such forward‐looking statements are inherently uncertain and there are or may be important factors that could cause actual outcomes or results to differ materially from those indicated in such statements. BXSL believes these factors include but are not limited to those described under the section entitled “Risk Factors” in its prospectus and annual report for the most recent fiscal year, and any such updated factors included in its periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this document (or BXSL’s prospectus and other filings). Except as otherwise required by federal securities laws, BXSL undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

Investors

Blackstone Shareholder Relations

[email protected]

+1 888-756-8443

Media

Mariel Seidman-Gati

[email protected]

+1 917-698-1674

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Professional Services Finance

MEDIA:

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Carriage Services Announces Election of Julie Sanders to Board of Directors

HOUSTON, July 25, 2023 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) announced today that its Board of Directors (the “Board”) has elected Julie Sanders as an independent member of the Board, effective immediately. Ms. Sanders, 55, will serve as a member of the Corporate Governance, Audit and Compensation Committees. She currently serves as Senior Vice President and Chief Audit Executive at Dell Technologies, one of the world’s leading technology companies. Ms. Sanders’ career at Dell spans 21 years where she has held various finance, accounting, and audit leadership positions before becoming the Chief Audit Executive in 2021. In this role she is responsible for leading the global audit organization and the company’s enterprise risk management program. Julie began her career at KPMG and previously served in two Chief Financial Officer roles.

“We are excited to welcome Julie to the Carriage Board,” said Carriage’s Executive Chairman, Mel Payne. “Julie’s more than twenty years with Dell, where she has held a variety of leadership roles, will provide us with great insight and expertise as we continue to identify opportunities for growth and execute on our Ten-Year Vision, which we discussed in this year’s shareholder letter.”

“I look forward to joining the Carriage Board to support the Company’s growth and help create value for shareholders. My experience is well aligned with the Company’s vision and transformation journey, and I look forward to learning more about Carriage’s high performance culture and customer service,” said Ms. Sanders.

“Julie’s diverse experience, which includes leadership roles related to technical accounting, financial planning and analysis, M&A, scaling companies and long-term strategic planning, will serve Carriage and our shareholders well. Specifically, her experience with Environmental, Social and Governance efforts at Dell will be valuable in helping drive our focus on those areas moving forward. Julie’s addition to the Board further supports our commitment to enhancing the Company’s focus on governance this year,” said Carriage CEO and Vice Chairman of the Board, Carlos Quezada.

Ms. Sanders earned her B.B.A. in Accounting from Baylor University and is a certified public accountant.

Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 171 funeral homes in 26 states and 32 cemeteries in 11 states.



INVESTOR




RELATIONS




CONTACT



For any investor relations questions, please email [email protected].



CAUTIONARY




STATEMENT




ON




FORWARD-LOOKING




STATEMENTS



This news release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends 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. These certain forward-looking statements made herein or elsewhere by, or on behalf of, the Company include, but are not limited to, statements regarding any projections of future performance; any statements of the plans, strategies and objectives related to governance improvement plans and related expectations, including, but not limited to, recruitment of new board of director members; any statements of belief; and any statements of assumptions underlying any of the foregoing and are based on our current expectations and beliefs concerning future developments and their potential effect on us, which we believe are reasonable. However, many important factors, as identified and discussed under “Cautionary Note” and “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 and other public filings and press releases, could cause the Company’s results or expectations in the future to differ materially from the forward-looking statements made herein and in any other documents or oral presentations made by, or on behalf of, the Company. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of the applicable communication, and we undertake no obligation to publicly update or revise any forward-looking statements except to the extent required by applicable law. A copy of the Company’s Annual Report on Form 10-K, the Company’s Quarterly Reports on Form 10-Q, and other information about the Company and news releases, are available at http://www.carriageservices.com.



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Hyliion Holdings Schedules Second Quarter Financial Results Conference Call and Webcast for August 9, 2023

Hyliion Holdings Schedules Second Quarter Financial Results Conference Call and Webcast for August 9, 2023

AUSTIN, Texas–(BUSINESS WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced it will host a conference call and accompanying webcast at 11:00 a.m. ET / 10:00 a.m. CT on Wednesday, August 9, 2023, to discuss its financial results, the Company’s business, and outlook. Hyliion plans to report its 2023 second quarter financial results after the market close on Tuesday, August 8, 2023.

Hyliion’s Second Quarter 2023 Results Conference Call

Date: Wednesday, August 9, 2023

Time: 11:00 a.m. ET / 10:00 a.m. CT

Conference Call Online Registration:

https://conferencingportals.com/event/WWuBdYoc

Access the Webcast:

https://events.q4inc.com/attendee/266141773

An archived webcast of the conference call will be accessible on the Investor Relations section of the Hyliion website.

About Hyliion

Hyliion’s mission is to reduce the carbon intensity and greenhouse gas (GHG) emissions of Class 8 commercial trucks by being a leading provider of electrified powertrain solutions. Leveraging advanced software algorithms and data analytics capabilities, Hyliion offers fleets an easy, efficient system to decrease fuel and operating expenses while seamlessly integrating with their existing fleet operations. Headquartered in Austin, Texas, Hyliion designs, develops, and sells electrified powertrain solutions that are designed to be installed on most major Class 8 commercial trucks, with the goal of transforming the commercial transportation industry’s environmental impact at scale. For more information, visit www.hyliion.com.

Ryann Malone

[email protected]

(833) 495-4466

Kellen Ferris

[email protected]

(833) 495-4466

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Software Professional Services Fleet Management Alternative Energy General Automotive Energy Technology Automotive Data Analytics Trucking Transport Automotive Manufacturing Manufacturing

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Industrial Logistics Properties Trust Announces Second Quarter 2023 Results

Industrial Logistics Properties Trust Announces Second Quarter 2023 Results

NEWTON, Mass.–(BUSINESS WIRE)–Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced its financial results for the quarter ended June 30, 2023, which can be found at the Quarterly Results section of ILPT’s website at https://www.ilptreit.com/investors/financials-information/quarterly-results/default.aspx.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230725739397/en/

A conference call will be held on Wednesday, July 26, 2023 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 418-4826 or (412) 902-6758 (if calling from outside of the United States and Canada); a pass code is not required. A replay of the conference call will be available for one week by dialing (412) 317-0088; the replay pass code is 6832934. A live audio webcast of the conference call will also be available in a listen-only mode on ILPT’s website, at www.ilptreit.com. The archived webcast will be available for replay on ILPT’s website after the call. The transcription, recording and retransmission in any way of ILPT’s second quarter conference call are strictly prohibited without the prior written consent of ILPT.

About Industrial Logistics Properties Trust:

ILPT is a real estate investment trust focused on owning and leasing high quality distribution and logistics properties that serve the growing needs of e-commerce. As of June 30, 2023, ILPT’s portfolio consisted of 413 properties containing approximately 60.0 million rentable square feet located in 39 states. Approximately 77% of ILPT’s annualized rental revenues as of June 30, 2023 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $36 billion in assets under management as of June 30, 2023, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA. For more information, visit www.ilptreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.

No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Stephen Colbert, Director, Investor Relations

(617) 231-3223

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: REIT Logistics/Supply Chain Management Transport Commercial Building & Real Estate Construction & Property

MEDIA:

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