Market Newsdesk

Amtech Systems Appoints Thomas Sabol as Chief Financial Officer

TEMPE, Ariz.–(BUSINESS WIRE)–
Amtech Systems, Inc. (“Amtech”) (NASDAQ: ASYS), a manufacturer of equipment and consumables enabling AI semiconductor device packaging and advanced substrate fabrication, today announced the appointment of Mr. Thomas Sabol as the Company’s Chief Financial Officer, effective May 14, 2026. In this role, Mr. Sabol will also serve as the Company’s principal accounting officer and principal financial officer. Mr. Sabol will replace Mr. Mark Weaver, who has been serving as Interim Chief Financial Officer.

“We are pleased to have appointed Tom Sabol as our incoming Chief Financial Officer and are fortunate to have found a financial leader with significant technical expertise who aligns with our culture of innovation, customer focus and workforce engagement,” said Mr. Bob Daigle, Chief Executive Officer of Amtech. “Tom’s appointment enables Amtech to benefit from his experience in assisting companies scale through periods of secular growth. He will be instrumental in our mission to deliver profitable growth and reap the full benefit of operational leverage amid the increasing demand for advanced packaging and enterprise board assembly equipment that supports the AI infrastructure buildout and solutions that support the broader semiconductor market.”

Mr. Sabol has more than 30 years of senior financial leadership experience, including over 20 years as a chief financial officer of public and private companies, with significant experience in electronics manufacturing, electronic payments, software, and technology‑enabled businesses.

Mr. Sabol previously served as Interim Chief Financial Officer and Head of HR with Korn Ferry Executive Interim Services practice from August 2025 to May 2026. From May 2023 to May 2026, Mr. Sabol also served as a consultant to various companies, providing CFO and other support services. From October 2021 through March 2023, Mr. Sabol served as Chief Financial Officer of Corcentric Inc. From November 2019 through December 2020, Mr. Sabol served as Chief Financial Officer at Transact Campus Inc. From November 2016 through November 2019, Mr. Sabol served as Chief Financial Officer of Rimini Street, Inc., where he led the company through its initial public offering and managed SEC reporting, internal controls, and investor relations.

Earlier in his career, Mr. Sabol served at Plexus Corp., a publicly traded global electronic manufacturing services company, initially as Chief Financial Officer from 1996 through 2002 and subsequently as Chief Operating Officer and Executive Vice President from 2002 through 2003, during a period that included international expansion and multiple acquisitions.

Mr. Sabol began his career at Coopers & Lybrand, where he served as a Senior Audit Manager, including participation in several initial public offerings and service in the firm’s SEC National Office. He is a Certified Public Accountant and holds a Bachelor of Arts in Accounting from Marquette University.

About Amtech Systems, Inc.

Amtech Systems, Inc. (NASDAQ: ASYS) provides equipment, consumables and services for AI semiconductor device packaging and advanced wafer substrate fabrication. Our products include advanced packaging and electronics assembly equipment for applications such as AI GPUs and advanced automotive electronics. Consumable and other solutions are used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon (Si) power devices, digital and analog devices, power electronic packages, advanced semiconductor packages and electronic assemblies. We sell these products to semiconductor device and module manufacturers worldwide, particularly in Asia, North America and Europe. To learn more about Amtech, please visit our website at https://www.amtechsystems.com.

Amtech Systems may use its website (www.amtechsystems.com), investor relations page (https://www.amtechsystems.com/investors), and LinkedIn page (https://www.linkedin.com/company/amtechsystems) to disclose material non-public information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors and other interested parties should monitor these sites, in addition to following Amtech Systems press releases, Securities and Exchange Commission (SEC) filings, public conference calls and public presentations/webcasts.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260501604200/en/

Investor Relations Contact:

Darrow Associates

Jordan Darrow

631-766-4528

[email protected]

KEYWORDS: Arizona United States North America

INDUSTRY KEYWORDS: Packaging Semiconductor Technology Manufacturing Software Artificial Intelligence Hardware

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BJ’s Wholesale Club Announces Waxahachie, Texas Grand Opening

Members can celebrate with $2 gas on May 6

MARLBOROUGH, Mass. & WAXAHACHIE, Texas–(BUSINESS WIRE)–BJ’s Wholesale Club (NYSE: BJ) announced today that its club in Waxahachie, Texas, will open on May 8.

The new club is located at 2180 N US Highway 77. To continue celebrating the company’s Texas launch, Waxahachie BJ’s Gas will offer members $2 per gallon on gas for one day only on Wednesday, May 6, from 6:30 a.m. to 10:00 p.m. The promotional price applies to regular gas and has a 30-gallon limit.

Local shoppers can sign up now to become members at BJs.com/Waxahachie. Limited-time membership offers start at just $20 for one year^* and include 10¢ off per gallon at BJ’s Gas for the first six months. Members can combine the 10¢-off-per-gallon offer with the one-day $2 gas promotion on May 6 for even deeper savings.

BJ’s offers unbeatable value on everyday essentials in a convenient one-stop shop. Members save on fresh foods, produce, full-service deli items, fresh bakery goods, household essentials, home décor, pet supplies, toys, consumer electronics and more. BJ’s members love the true treasure-hunt shopping experience, discovering new and exciting items with each visit.

“At BJ’s, we take care of the families who depend on us,” said Pete Giordano, Club Manager, Waxahachie BJ’s Wholesale Club. “We’re thrilled to bring unbeatable value and savings of up to 25% off grocery store prices every day to the families in our newest community.”

BJ’s has a long-standing commitment to nourishing its communities. For over 15 years, it has worked with Feeding America and its network of food banks, providing more than 165 million meals for those in need. In Waxahachie, BJ’s is partnering with North Texas Food Bank by regularly donating produce, meat, dairy products and more to support the community.

“Through our partnership with BJ’s Wholesale Club, we’re able to further our mission of closing the hunger gap in North Texas by providing access to nutritious food,” said Trisha Cunningham, President and CEO of North Texas Food Bank. “We’re grateful for the support of BJ’s and are excited to welcome them into the community.”

BJ’s members can choose from several time-saving options, whether shopping online or in-club. Curbside pickup, in-club pickup, same-day delivery^** and shipping are available on BJs.com. Members shopping in-club can use ExpressPay^*** through the BJ’s mobile app to scan products as they shop and skip the checkout line.

Additional member perks include:

• Unbeatable grocery prices: Members can save up to 25% off grocery store prices every day

• A risk-free membership: Shoppers can try BJ’s risk-free with the company’s 100% money-back guarantee

• BJ’s coupons + manufacturers’ coupons: Members can combine BJ’s coupons with many manufacturers’ coupons to maximize savings

• BJ’s Gas: Members can fill up at any BJ’s Gas station at low prices. Plus, members can save even more through BJ’s Fuel Savers Program

Learn more at BJs.com/Waxahachie.

About BJ’s Wholesale Club Holdings, Inc.

BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) is a leading operator of membership warehouse clubs focused on delivering significant value to its members and serving a shared purpose: “We take care of the families who depend on us.” The company provides a wide assortment of fresh foods, produce, a full-service deli, fresh bakery, household essentials, various exclusive offerings, gas and more to deliver unbeatable value to smart-saving families. Headquartered in Marlborough, Massachusetts, the company pioneered the warehouse club model in New England in 1984 and currently operates 264 clubs and 205 BJ’s Gas^® locations in 22 states. For more information, please visit us at BJs.com or on Facebook, or Instagram.

About North Texas Food Bank

North Texas Food Bank (NTFB) is a leading nonprofit organization that fights hunger and provides children, older adults and families in North Texas with access to nutritious food. For over 40 years, we have been at the forefront of hunger relief, committed to ensuring that no one in our community lacks access to healthy food. Our extensive network of nearly 500 food pantries and community organizations, volunteers, and donors enables us to deliver more than 116 million physical meals annually to those in need. Beyond just addressing hunger, we focus on nourishing lives by offering nutrition education, investing in our network partners, innovating solutions to eliminate hunger and advocating for policies that tackle the root causes of food insecurity. Our dedication to excellence is reflected in our 4-star rating from Charity Navigator, highlighting our strong governance, integrity, and financial stability. As a proud member of Feeding America, the nation’s largest hunger relief network, we are committed to ensuring everyone in North Texas has the nourishment needed to lead a healthy and fulfilling life. For more information, visit ntfb.org or connect with us on social media @NorthTexasFoodBank.

All BJ’s memberships are subject to BJ’s current membership terms; ask in-club or visit BJs.com/terms.

^*Requires BJ’s Easy Renewal<sup>®

**</sup>Not available in all ZIP codes. Log in to your account to confirm availability.

^***Terms apply. Visit bjs.com/expresspay for more details.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260501504519/en/

Media:

Kirk Saville

Head of Corporate Communications

BJ’s Wholesale Club

[email protected]

774-512-5597

Briana Keene

Sr. Manager, External Communications

BJ’s Wholesale Club

[email protected]

774-512-6802

KEYWORDS: Texas Massachusetts United States North America

INDUSTRY KEYWORDS: Other Consumer Discount/Variety Other Retail Supermarket Specialty Home Goods Food/Beverage Consumer Retail

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U.S. Enterprises Structure SAP Modernization with Measurable Value Checkpoints

Companies facing ERP transition deadlines embrace step-by-step approaches to minimize disruptions, ISG Provider Lens^® report says

STAMFORD, Conn.–(BUSINESS WIRE)–
Many U.S. enterprises are dividing SAP transformation programs into manageable phases with milestones that demonstrate business outcomes, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm.

The 2026 ISG Provider Lens^® SAP Ecosystem report for the U.S. finds that organizations are preparing for the end of mainstream SAP ECC support by carrying out controlled modernization strategies, often using AI, that balance transformation goals with operational continuity. Enterprises are sequencing programs into waves that each create incremental value, limiting the disruption of core processes. This approach reflects growing pressure from executive leadership to ensure accountability, cost discipline and measurable returns on large-scale technology investments.

“U.S. enterprises are no longer pursuing SAP transformation for its own sake but are aligning every step with measurable results,” Bill Huber, partner, ISG Digital Platforms and Solutions. “They are taking a disciplined approach that reduces risk while maintaining their momentum toward modern, AI-enabled ERP environments.”

As enterprises face the discontinuation of mainstream support for existing SAP ERP Central Component (ECC) systems in 2027, those in highly regulated sectors in the U.S. are accelerating migration to SAP S/4HANA to meet stringent compliance requirements. Those in less regulated industries, such as manufacturing, are more likely to defer migration decisions and consider buying extended support or third-party maintenance until 2030.

Companies are integrating new technologies into SAP environments to enhance system performance while retaining the ability to adapt to rapidly changing business conditions. AI adoption is expanding into production-level use cases to improve efficiency and reliability, including automated testing, incident resolution and system monitoring. Strategies are evolving toward standardized ERP cores supported by modern data and integration layers that enable flexibility and scalability. To simplify updates and maintenance, enterprises are reducing customization by building extensions outside the core environment using SAP Business Technology Platform.

U.S. companies with SAP are looking for clear choices among greenfield, brownfield and selective data transformation. Many large enterprises with complex environments are pursuing selective modernization instead of full system replacement due to heightened sensitivity to operational risk and the need for continuity. Meanwhile, SAP is targeting the midmarket for greenfield projects through the GROW with SAP program, ISG says.

“AI is central to SAP modernization for U.S. enterprises, but the need for operational resilience guides their strategies and execution,” said Tarun Nathooram Vaid, principal analyst at ISG and lead author of the report. “Service providers play a key role by supporting structured transitions and helping clients navigate the complexity of SAP transformations.”

The report also explores other trends affecting SAP adoption in the U.S., including growing demand for industry-specific accelerators and an increasing focus on data quality and integration as foundations for long-term transformation success.

For more insights into the SAP-related challenges faced by enterprises in the U.S., along with ISG’s advice for addressing them, see the ISG Provider Lens Focal Points briefing here.

The report evaluates the capabilities of 44 providers across five quadrants: SAP S/4HANA Transformation — Large Accounts, SAP S/4HANA Transformation — Midmarket, SAP Application Managed Services, SAP Business AI and Business Technology Platform (BTP) Services and Managed Cloud Services for SAP ERP.

It names Accenture, Capgemini, Cognizant, HCLTech, Infosys, TCS and Wipro as Leaders in four quadrants each. Deloitte, EY, IBM and LTM are named as Leaders in three quadrants each, and DXC Technology and Tech Mahindra are named as Leaders in two quadrants each. The report names Atos, Birlasoft, Cognitus, Hexaware, Hitachi Digital Services, Kyndryl, NTT DATA and Syntax as Leaders in one quadrant each.

In addition, Atos, DXC Technology, Hitachi Digital Services, KaarTech, NTT DATA and Syntax are recognized as Rising Stars — companies with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant each.

In the area of customer experience, Infosys is named the global ISG CX Star Performer for 2026 among SAP ecosystem providers. Infosys earned the highest customer satisfaction scores in ISG’s Voice of the Customer survey, part of the ISG Star of Excellence™ program, the premier quality recognition for the technology and business services industry.

Customized versions of the report are available from Hexaware, Kyndryl and TechWave.

The 2026 ISG Provider Lens SAP Ecosystem report for the U.S. is available to subscribers or for one-time purchase on this webpage.

About ISG

ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world’s top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data and research, in-depth knowledge and governance of provider ecosystems, and the expertise of its 1,500 professionals worldwide working together to help clients maximize the value of their technology investments.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260501420990/en/

Press Contacts:

Laura Hupprich, ISG

+1 203-517-3100

[email protected]

Eric Arvidson, Matter Communications for ISG

+1 978-518-4542

[email protected]

KEYWORDS: Connecticut United States North America

INDUSTRY KEYWORDS: Software Internet Electronic Design Automation Consulting Artificial Intelligence Data Management Professional Services Technology

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Comstock Announces ParkX Entry Into Hospitality With Two Starbucks Locations

CHCI’s rapidly growing services platform ventures into food & beverage space

RESTON, Va.–(BUSINESS WIRE)–
Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C., region, today announced that ParkX Management (“ParkX”) has assumed management responsibilities for two separate Starbucks-licensed locations within Comstock’s two premier mixed-use, transit oriented developments – Reston Station in Reston, Virginia, and Loudoun Station in Ashburn, Virginia. The move marks ParkX’s entry into hospitality and food and beverage management, representing their latest new service offering and a significant milestone in the real estate service platform’s strategic growth plan.

ParkX is one of Comstock’s primary real estate service and property management subsidiaries, providing parking management, security, janitorial services, consulting services, and more to a diverse and growing list of real estate owners and developers across the Washington, D.C., region. With a track record of delivering measurable results across a wide range of properties and environments, ParkX has established itself as a best-in-class operator that is known for delivering extraordinary consumer experiences and exceptional customer service.

“Our expansion into food & beverage services with these two Starbucks locations is an exciting step for ParkX and strategic expansion of our service offerings,” said Dylan Clemente, President of ParkX Management. “The skilled and knowledgeable teams we deploy have extensive experience and a deep commitment to enhance the performance of all the assets that we manage. We are proud to play an even larger role in shaping the positive experience that Reston Station and Loudoun Station continue to offer to residents, tenants, and the surrounding communities.”

Reston Station and Loudoun Station are two of the most prominent mixed-use, transit-oriented developments in the Mid-Atlantic region, serving thousands of commuters, residents, and visitors daily. Reston Station surrounds the Wiehle-Reston East Metro Station on Metro’s Silver Line, while Loudoun Station anchors the western terminus of the Silver Line in Ashburn.

For more information about ParkX, please visit ParkXManagement.com.

About Comstock

Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C., region. With a managed portfolio comprising approximately 10 million square feet at full build-out and including stabilized and development assets strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in the fastest-growing segments of one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the Mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260501077374/en/

[email protected]

KEYWORDS: District of Columbia Virginia United States North America

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property Restaurant/Bar Asset Management Professional Services Food/Beverage REIT Retail

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CoastalSouth Bancshares, Inc. Announces Stock Repurchase Plan

ATLANTA–(BUSINESS WIRE)–
CoastalSouth Bancshares, Inc. (“CoastalSouth” or the “Company”) (NYSE: COSO), the holding company for Coastal States Bank (the “Bank” or “CSB”), today reported that its Board of Directors authorized a stock repurchase plan (the “2026 Repurchase Plan”), pursuant to which the Company may purchase, from time to time, up to an aggregate amount of $15 million of its shares of common stock. The 2026 Repurchase Plan will become effective on May 1, 2026, and will expire on April 30, 2027, unless extended by the Board.

Repurchases under the 2026 Repurchase Plan may be made from time to time in the open market, by accelerated share repurchase programs, in privately negotiated transactions, or otherwise in compliance with Rule 10b-18 of the Securities Exchange Act of 1934 (the “Exchange Act”), in each case subject to applicable regulatory requirements and other factors that may be considered by the Company in its sole discretion. Repurchases may also be made pursuant to a trading plan under Rule 10b5-1 of the Exchange Act, which would permit shares to be repurchased when the Company might otherwise be precluded from doing so because of self-imposed trading blackout periods or other regulatory restrictions. The 2026 Repurchase Program does not obligate the Company to repurchase any particular amount of common stock and may be extended, modified, amended, suspended, or discontinued by the Board at any time.

About CoastalSouth Bancshares, Inc.

CoastalSouth Bancshares, Inc. is a bank holding company headquartered in Atlanta, Georgia. Through its wholly owned subsidiary, Coastal States Bank, a South Carolina state-chartered commercial bank, it offers a full range of banking products and services designed for businesses, real estate professionals, and consumers looking for a deep and meaningful relationship with their bank. To learn more about Coastal States Bank, visit www.coastalstatesbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260501370482/en/

Anthony P. Valduga

Chief Financial Officer / Chief Operating Officer

678-396-4605

[email protected]

KEYWORDS: Georgia United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

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SABA Announces $0.058 Dividend

NEW YORK–(BUSINESS WIRE)–
Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.058 per share on April 30, 2026, payable on May 29, 2026 to shareholders of record as of May 11, 2026.

Managed Distribution Plan. The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), whereby the Fund will make monthly distributions to shareholders at a fixed amount of $0.058 per share. Thus, the distribution amount shown excludes special dividends (which are not paid pursuant to the plan). The Fund will generally distribute amounts necessary to satisfy the Fund’s Plan and the requirements prescribed by excise tax rules and Subchapter M of the Internal Revenue Code. The Plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intended to narrow the discount between the market price and the net asset value of the Fund’s common shares, but there is no assurance that the Plan will be successful in doing so.

Under the Plan, to the extent that sufficient investment income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution rate. As a result, long-term capital gains and/or return of capital may be a material source of any distribution. No conclusions should be drawn about the Fund’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The Board of Trustees (the “Board”) may amend the terms of the Plan or terminate the Plan at any time without prior notice to Fund shareholders. No level of distribution can be guaranteed. The amendment or termination of the Plan could have an adverse effect on the market price of the Fund’s common shares. The Plan is subject to the periodic review by the Board, including a yearly review of the annual minimum fixed rate to determine if an adjustment should be made.

In compliance with Rule 19a-1 of the Investment Company Act of 1940, shareholders will receive a notice that details the source of income for the above dividend, such as net investment income, gain from the sale of securities and return of principal; however, determination of the actual source of the foregoing dividend can only be made at year-end. The actual source amounts of all Fund dividends will be included in the Fund’s annual or semiannual reports. In addition, the tax treatment may differ from the accounting treatment used to calculate the source of the Fund’s dividends as shown on shareholders’ statements. Shareholders should refer to their Form 1099-DIV for the character and amount of distributions for income tax reporting purposes. Since each shareholder’s tax situation is unique, it may be advisable to consult a tax advisor as to the appropriate treatment of Fund distributions.

Past Performance is No Assurance of Future Results. Investment return and principal value of an investment in the Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost. Investors should consider the investment objective, risks and expenses carefully. You can obtain the Fund’s most recent periodic reports and filings by visiting https://www.sec.gov/edgar/browse/?CIK=828803&owner=exclude.

Other Information and Certain Risk Factors: The Fund’s investment objective is to provide investors with high current income, with a secondary goal of capital appreciation. There can be no assurance that the Fund will meet its investment objective. The Fund seeks to achieve this objective by investing globally in debt and equity securities of public and private companies, which includes, among other things, investments in closed‐end funds, special purpose acquisition companies (“SPACs”), reinsurance, and public and private debt instruments. The Fund also may utilize derivatives including but not limited to total return swaps, credit default swaps, options and futures, in seeking to enhance returns and/or to reduce portfolio risk.

The value of the Fund’s investments in equity securities of public and private, listed and unlisted companies and equity derivatives generally varies with the performance of the issuer and movements in the equity markets more generally. As a result, the Fund may suffer losses if it invests in equity instruments of issuers whose performance diverges from the Fund’s investment manager’s expectations or if equity markets generally move in a single direction and the Fund has not hedged against such a general move. The Fund invests in closed-end funds and SPACs, which are subject to additional risks and considerations. The performance of reinsurance-related securities and the reinsurance industry itself are tied to the occurrence of various triggering events, including but not limited to weather, natural disasters (hurricanes, earthquakes, etc.), non-natural large catastrophes and other specified events causing physical and/or economic loss. To the extent the Fund invests in reinsurance-related securities for which a triggering event occurs, losses associated with such event could result in losses to the Fund’s investment, and a series of major triggering events affecting a large portion of the reinsurance- related securities held by the Fund could result in substantial losses to the Fund’s investment. The Fund may invest in high yield securities, which are speculative in nature and are subject to additional risk factors such as increased possibility of default, illiquidity of the security, and changes in value based on changes in interest rates. Changes in short-term market interest rates may directly affect the yield on the Fund’s common shares. If such rates fall, the Fund’s yield may also fall. If interest rate spreads on bonds and loans owned by the Fund decline in general, the yield on the bonds and loans will likely fall and the value of such bonds and loans may decrease. When short-term market interest rates rise, because of the lag between changes in such short-term rates and the resetting of the floating rates on bonds and loans in the Fund’s portfolio, the impact of rising rates will be delayed to the extent of such lag. Because of the limited secondary market for certain bonds and loans, the Fund’s ability to sell such securities in a timely fashion and/or at a favorable price may be limited. An increase in the demand for bonds and loans may adversely affect the rate of interest payable on new bonds and loans acquired by the Fund, and it may also increase the price of bonds and loans purchased by the Fund in the secondary market. A decrease in the demand for bonds and loans may adversely affect the price of bonds and loans in the Fund’s portfolio, which would cause the Fund’s net asset value to decrease. Investment in foreign borrowers involves special risks, including but not limited to potentially less rigorous accounting requirements, differing legal systems and potential political, social and economic adversity. The Fund may engage in currency exchange transactions to seek to hedge, as closely as practicable, all of the economic impact to the Fund arising from foreign currency fluctuations. Other risks include, but are not limited to, the use of derivatives, the potential lack of diversification in the Fund’s portfolio, and the fact that the Fund’s portfolio may be concentrated in a small group of industries or industry sectors from time to time. Investors should consult the Fund’s filings with the Securities and Exchange Commission as well as the materials on the Fund’s website for a more detailed discussion of these or other risk factors that affect the Fund.

About Saba Capital Income & Opportunities Fund II. Saba Capital Income & Opportunities Fund II is a publicly-traded registered closed-end management investment company. The Fund’s common shares trade on the New York Stock Exchange under the ticker symbol “SABA”. The Fund is managed by Saba Capital Management, L.P.

Forward-Looking Statements. This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including but not limited to statements containing the words “believes,” “plans,” “anticipates,” “expects,” “estimates” and similar expressions) should also be considered to be forward-looking statements. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements. These factors, including but not limited to the “Certain Risk Factors” noted above, are identified from time to time in the Fund’s filings with the Securities and Exchange Commission as well as the materials on the Fund’s website. The Fund undertakes no obligation to update such statements to reflect subsequent events, except as may be required by law.

For further information on Saba Capital Income & Opportunities Fund II, please visit our website at: www.sabacef.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260501832538/en/

888-888-0319

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Asset Management Professional Services Finance

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Posted on May 1, 2026 8:48 am

BRW Announces $0.085 Dividend

BRW Announces $0.085 Dividend

NEW YORK–(BUSINESS WIRE)–
Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on April 30, 2026, payable on May 29, 2026 to shareholders of record as of May 11, 2026.

Managed Distribution Plan. The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), whereby the Fund will make monthly distributions to shareholders at a fixed amount of $0.085 per share. Thus, the distribution amount shown excludes special dividends (which are not paid pursuant to the plan). The Fund will generally distribute amounts necessary to satisfy the Fund’s Plan and the requirements prescribed by excise tax rules and Subchapter M of the Internal Revenue Code. The Plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intended to narrow the discount between the market price and the net asset value of the Fund’s common shares, but there is no assurance that the Plan will be successful in doing so.

Under the Plan, to the extent that sufficient investment income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution rate. As a result, long-term capital gains and/or return of capital may be a material source of any distribution. No conclusions should be drawn about the Fund’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The Board of Trustees (the “Board”) may amend the terms of the Plan or terminate the Plan at any time without prior notice to Fund shareholders. No level of distribution can be guaranteed. The amendment or termination of the Plan could have an adverse effect on the market price of the Fund’s common shares. The Plan is subject to the periodic review by the Board, including a yearly review of the annual minimum fixed rate to determine if an adjustment should be made.

In compliance with Rule 19a-1 of the Investment Company Act of 1940, shareholders will receive a notice that details the source of income for the above dividend, such as net investment income, gain from the sale of securities and return of principal; however, determination of the actual source of the foregoing dividend can only be made at year-end. The actual source amounts of all Fund dividends will be included in the Fund’s annual or semiannual reports. In addition, the tax treatment may differ from the accounting treatment used to calculate the source of the Fund’s dividends as shown on shareholders’ statements. Shareholders should refer to their Form 1099-DIV for the character and amount of distributions for income tax reporting purposes. Since each shareholder’s tax situation is unique, it may be advisable to consult a tax advisor as to the appropriate treatment of Fund distributions.

Past Performance is No Assurance of Future Results. Investment return and principal value of an investment in the Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost. Investors should consider the investment objective, risks and expenses carefully. You can obtain the Fund’s most recent periodic reports and filings by visiting https://www.sec.gov/edgar/browse/?CIK=826020&owner=exclude.

Other Information and Certain Risk Factors: The Fund’s investment objective is to provide investors with a high level of current income, with a secondary goal of capital appreciation. There can be no assurance that the Fund will meet its investment objective. The Fund seeks to achieve this objective by investing globally in debt and equity securities of public and private companies, which includes, among other things, investments in closed‐end funds, special purpose acquisition companies (“SPACs”), reinsurance, and public and private debt instruments. The Fund also may utilize derivatives including but not limited to total return swaps, credit default swaps, options and futures, in seeking to enhance returns and/or to reduce portfolio risk.

The value of the Fund’s investments in equity securities of public and private, listed and unlisted companies and equity derivatives generally varies with the performance of the issuer and movements in the equity markets more generally. As a result, the Fund may suffer losses if it invests in equity instruments of issuers whose performance diverges from the Fund’s investment manager’s expectations or if equity markets generally move in a single direction and the Fund has not hedged against such a general move. The Fund invests in closed-end funds and SPACs, which are subject to additional risks and considerations. The performance of reinsurance-related securities and the reinsurance industry itself are tied to the occurrence of various triggering events, including but not limited to weather, natural disasters (hurricanes, earthquakes, etc.), non-natural large catastrophes and other specified events causing physical and/or economic loss. To the extent the Fund invests in reinsurance-related securities for which a triggering event occurs, losses associated with such event could result in losses to the Fund’s investment, and a series of major triggering events affecting a large portion of the reinsurance- related securities held by the Fund could result in substantial losses to the Fund’s investment. The Fund may invest in high yield securities, which are speculative in nature and are subject to additional risk factors such as increased possibility of default, illiquidity of the security, and changes in value based on changes in interest rates. Changes in short-term market interest rates may directly affect the yield on the Fund’s common shares. If such rates fall, the Fund’s yield may also fall. If interest rate spreads on bonds and loans owned by the Fund decline in general, the yield on the bonds and loans will likely fall and the value of such bonds and loans may decrease. When short-term market interest rates rise, because of the lag between changes in such short-term rates and the resetting of the floating rates on bonds and loans in the Fund’s portfolio, the impact of rising rates will be delayed to the extent of such lag. Because of the limited secondary market for certain bonds and loans, the Fund’s ability to sell such securities in a timely fashion and/or at a favorable price may be limited. An increase in the demand for bonds and loans may adversely affect the rate of interest payable on new bonds and loans acquired by the Fund, and it may also increase the price of bonds and loans purchased by the Fund in the secondary market. A decrease in the demand for bonds and loans may adversely affect the price of bonds and loans in the Fund’s portfolio, which would cause the Fund’s net asset value to decrease. The Fund’s use of leverage, if any, through borrowings or issuance of preferred shares can adversely affect the yield on the Fund’s common shares. Investment in foreign borrowers involves special risks, including but not limited to potentially less rigorous accounting requirements, differing legal systems and potential political, social and economic adversity. The Fund may engage in currency exchange transactions to seek to hedge, as closely as practicable, all of the economic impact to the Fund arising from foreign currency fluctuations. Other risks include, but are not limited to, the use of derivatives, the potential lack of diversification in the Fund’s portfolio, and the fact that the Fund’s portfolio may be concentrated in a small group of industries or industry sectors from time to time. Investors should consult the Fund’s filings with the Securities and Exchange Commission as well as the materials on the Fund’s website for a more detailed discussion of these or other risk factors that affect the Fund.

About Saba Capital Income & Opportunities Fund. Saba Capital Income & Opportunities Fund is a publicly-traded registered closed-end management investment company. The Fund’s common shares trade on the New York Stock Exchange under the ticker symbol “BRW”. The Fund is managed by Saba Capital Management, L.P.

Forward-Looking Statements. This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including but not limited to statements containing the words “believes,” “plans,” “anticipates,” “expects,” “estimates” and similar expressions) should also be considered to be forward-looking statements. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements. These factors, including but not limited to the “Certain Risk Factors” noted above, are identified from time to time in the Fund’s filings with the Securities and Exchange Commission as well as the materials on the Fund’s website. The Fund undertakes no obligation to update such statements to reflect subsequent events, except as may be required by law.

For further information on Saba Capital Income & Opportunities Fund, please visit our website at: www.sabacef.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260501799722/en/

844-460-9411

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Asset Management Professional Services Finance

MEDIA:

Posted on May 1, 2026 8:46 am

Exodus Reports Preliminary First Quarter 2026 Results

First Quarter 2026 Revenue of $22.7 million

Exodus Pay launches in all 50 states in April 2026

OMAHA, Neb., May 01, 2026 (GLOBE NEWSWIRE) — Exodus Movement, Inc. (NYSE American: EXOD) (“Exodus”), a leading self-custodial cryptocurrency platform, today announced its preliminary unaudited results for the first quarter ended March 31, 2026.

These results are based on currently available information, are subject to the completion of the Company’s financial closing procedures and quarterly review, and may change materially.

Exodus continues to execute on its long-term strategy of expanding beyond its core exchange business, with a focus on building a more comprehensive financial platform rooted in self-custody. During the quarter and subsequent period, the Company advanced key initiatives designed to diversify revenue streams and reduce reliance on market-driven trading activity, including the April 2026 launch of Exodus Pay across all 50 U.S. states and various global markets

“We spent a decade building a wallet that millions of people trust with their crypto,” said JP Richardson, Co-Founder and CEO of Exodus. “Now, we are creating the last financial app you will ever need, letting anyone pay with digital dollars, Bitcoin, and other borderless digital assets without ever leaving self-custody.”

Selected Financial Highlights (Preliminary)

• Revenue of approximately $22.7 million for the first quarter of 2026, compared to $36.0 million in the first quarter of 2025
• Net loss on digital assets of approximately $36.4 million during the quarter, primarily reflecting market-driven price movements

B2B Infrastructure and Revenue Drivers

B2B swap partners generated exchange revenue representing 15% of the quarterly total revenue. XO Swap’s share of exchange volume has grown steadily since launch, reflecting demand for best-execution routing across liquidity sources.

First Quarter Operational and Other Financial Highlights

• Exchange provider processed volume – $1.18 billion in Q1 2026, down 22% from Q4 2025. Bitcoin, Tether (TRX Network), Tether (ETH Network), ETH, and USDC (ETH Network) were the top assets traded in Q1 2026, at 29%, 14%, 11%, 9%, and 7% of volume, respectively.
• Exodus monthly active users – 1.5 million as of March 31, 2026, unchanged from 1.5 million as of December 31, 2025.
• Exodus quarterly funded users – 1.4 million at end of Q1 2026, down 18% from 1.7 million as of December 31, 2025.
• Digital assets, cash, and cash equivalents – $122.6 million, including 628 units of Bitcoin valued at $42.8 million, 1,861 units of Ether valued at $3.9 million, and $74.4 million in cash and cash equivalents and stablecoins as of March 31, 2026.
• Full-time equivalent team members – approximately 220 as of March 31, 2026, up 5 from December 31, 2025.
• Customer response time – average response time of less than 60 minutes in Q1.

Market and Strategic Positioning

During the first quarter, the Company continued to operate in a challenging digital asset market environment, with lower trading activity levels impacting revenue. In response, Exodus remains focused on strengthening the resilience of its business model by expanding into adjacent products and services that are less dependent on market volatility.

The Company believes that its strong balance sheet and planned acquisitions position it to succeed through market cycles, including strategic initiatives such as the acquisition of Monavate and the continued rollout of Exodus Pay.

“While market conditions impacted activity levels during the quarter, we are focused on building a more durable and diversified platform,” said James Gernetzke, Chief Financial Officer of Exodus. “We believe our product expansion and capital position enable us to continue executing on our long-term strategy regardless of near-term market conditions.”

Investor Contact
[email protected]

Media Contact

Aubrey Strobel / Elena Nisonoff
[email protected]

Disclosure Information

Exodus may use its website and the following social media outlets as distribution channels of material nonpublic information about the Company. Financial and other important information regarding the Company is routinely accessible through and posted on the following: exodus.com/investors and exodus.com/blog, and social media platforms including X, Facebook, LinkedIn, and YouTube.

Information Regarding Preliminary Results

The Company’s results for the quarter ended March 31, 2026 are preliminary and subject to the completion of the Company’s financial closing procedures and review. Accordingly, the Company’s actual results may differ materially from the selected preliminary financial and operating metrics presented herein.

These preliminary results have been prepared by management based on currently available information and are subject to change as the Company completes its financial closing procedures and its independent registered public accounting firm completes its review. These preliminary results should not be viewed as a substitute for the Company’s full financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP), and undue reliance should not be placed on them.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “should,” “intend,” “believe,” “expect,” “likely,” “believes,” “views,” “estimates,” or other comparable terminology. Forward-looking statements in this document include, but are not limited to, our preliminary financial information, including digital asset holdings, exchange provider processed volumes and our fiscal quarter end results, management statements regarding management’s confidence in our products, services, business trajectory and plans, including the acquisition of Monavate, and expectations regarding demand for our products, and our ability to deliver higher transaction volumes. Such forward-looking statements involve a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from those expressed or implied by our forward-looking statements. Such factors include those set forth in “Item 1. Business” and “Item 1A. Risk Factors” of Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 11, 2026, as well as in our other reports filed with the SEC from time to time. All forward-looking statements are expressly qualified in their entirety by such cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by law, we undertake no obligation to update or revise any forward-looking statements that have been made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.

Posted on May 1, 2026 8:34 am

Intuitive Machines Announces Date for First Quarter 2026 Financial Results Conference Call

HOUSTON, May 01, 2026 (GLOBE NEWSWIRE) — Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the first quarter of 2026 on Thursday, May 14, 2026, before the market opens. Following the news release, the Company will host a conference call the same day at 8:30 am ET to discuss the results.

To participate in the call, please dial (800) 715-9871 (USA & Canada) or (646) 307-1963 (International) and reference Conference ID 2944010.

A webcast replay will be available on the investors portion of the Intuitive Machines website at https://investors.intuitivemachines.com/.

Please visit the Investor Relations website at https://investors.intuitivemachines.com/ on Thursday, May 14, 2026, to view the earnings release before the conference call.

About Intuitive Machines

Intuitive Machines is a leading space infrastructure company that builds spacecraft, connects networks, and operates infrastructure-as-a-service for commercial, civil, and national security customers.

With a proven track record across the space domain, the Company, through organic growth and portfolio expansion, has built over 300 spacecraft, delivered over 260 kilograms of payload to the lunar surface, and provided precision navigation expertise that has guided spacecraft across our solar system.

These capabilities form an integrated Built-Connect-Operate infrastructure service company, enabling customers to achieve mission and campaign outcomes through a single prime solution. Intuitive Machines’ technology has been demonstrated across the space domain and is engineered to support the next century of opportunity in space.

Contacts

For investor inquiries:
[email protected]

For media inquiries:
[email protected]

Posted on May 1, 2026 8:34 am

Abeona Therapeutics® Announces New Employee Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

CLEVELAND, May 01, 2026 (GLOBE NEWSWIRE) — Abeona Therapeutics Inc. (Nasdaq: ABEO) today announced it has granted equity awards to new non-executive employees who joined the Company. The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4).

On April 30, 2026, the Compensation Committee of Abeona’s Board of Directors granted restricted stock equity awards as a material inducement to employment to eight individuals hired by Abeona, which equity awards relate to, in the aggregate, up to 112,621 restricted shares of Abeona common stock. One-third of the shares subject to such restricted stock awards will vest yearly on each anniversary of the grant date, such that the shares subject to such restricted stock awards granted to each employee will be fully vested on the third anniversary of the Grant Date, in each case, subject to each employee’s continued employment with Abeona on the applicable vesting dates.

About Abeona Therapeutics

Abeona Therapeutics Inc. is a commercial-stage biopharmaceutical company developing cell and gene therapies for serious diseases. Abeona’s ZEVASKYN^® (prademagene zamikeracel) is the first and only autologous cell-based gene therapy for the treatment of wounds in adults and pediatric patients with recessive dystrophic epidermolysis bullosa (RDEB). The Company’s fully integrated cell and gene therapy cGMP manufacturing facility in Cleveland, Ohio serves as the manufacturing site for ZEVASKYN commercial production. The Company’s development portfolio features adeno-associated virus (AAV)-based gene therapies for ophthalmic diseases with high unmet medical need. Abeona’s novel, next-generation AAV capsids are being evaluated for a variety of devastating diseases. For more information, visit www.abeonatherapeutics.com.

ZEVASKYN^®, Abeona Assist^®, Abeona Therapeutics^®, and their related logos are trademarks of Abeona Therapeutics Inc.

Forward-Looking Statements

This press release contains certain statements that are forward-looking 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, and that involve risks and uncertainties. We have attempted to identify forward-looking statements by such terminology as “may,” “will,” “believe,” “anticipate,” “expect,” “intend,” “potential,” and similar words and expressions (as well as other words or expressions referencing future events, conditions or circumstances), which constitute and are intended to identify forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, numerous risks and uncertainties, including but not limited to, our ability to successfully commercialize and market ZEVASKYN, including manufacturing sufficient batches of ZEVASKYN to meet demand; the therapeutic potential of ZEVASKYN; whether the unmet need and market opportunity for ZEVASKYN are consistent with the Company’s expectations; continued interest in our rare disease portfolio; our ability to enroll patients in clinical trials; the outcome of future meetings with and inspections by the FDA or other regulatory agencies, including those relating to preclinical programs and to the cGMP manufacturing of ZEVASKYN; the ability to achieve or obtain necessary regulatory approvals for our pre-clinical programs; the impact of any changes in the financial markets and global economic conditions, including those resulting from changes to U.S. trade policy, such as current or future tariffs; risks associated with data analysis and reporting; and other risks disclosed in the Company’s most recent Annual Report on Form 10-K and subsequent periodic reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise these forward-looking statements or to update them to reflect events or circumstances occurring after the date of this press release, whether as a result of new information, future developments or otherwise, except as required by the federal securities laws.

Contacts:

Investor and Media
Greg Gin
VP, Investor Relations and Corporate Communications
Abeona Therapeutics
[email protected]

Investor
Lee M. Stern
Meru Advisors
[email protected]