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Before a Single Drill Rig Turns at America’s Largest Conventional Uranium Deposit, the Permitting Work Has Already Started — Quietly, Methodically, and With Real Money Behind It

Issued on behalf of Eagle Nuclear Energy Corp.

Eagle Nuclear Energy (NASDAQ: NUCL) just launched a multi-disciplinary environmental baseline studies campaign at the Aurora Uranium Project — meteorological stations, wetlands delineation, archaeological surveys, hydrogeology — all before the 27,000-foot Pre-Feasibility drill program begins. It is the kind of unglamorous, expensive, slow work that quietly separates the uranium developers that actually become mines from the ones that don’t. And it is happening at exactly the moment Cameco Corporation (NYSE: CCJ) — the largest publicly traded uranium company in the world — is preparing to report a quarter that the entire sector will be reading.

NEW YORK, May 06, 2026 (GLOBE NEWSWIRE) — Equity Insider News Commentary — There is a particular kind of milestone in mining that almost never makes the front page. It does not involve a discovery hole. It does not move a stock chart by 30% in a session. It does not make for a good photograph. It is, instead, the moment a developer engages a wetlands biologist, a meteorologist, an archaeological consulting firm, and a state-level permitting agency, and quietly starts assembling the data package that — eventually, after years of careful accumulation — turns a deposit into a mine.

That is the milestone that Eagle Nuclear Energy Corp. (NASDAQ: NUCL) just reached at the Aurora Uranium Project, and it is the kind of milestone that the U.S. uranium sector has been waiting on for decades.

The Company announced this morning that it has launched a comprehensive environmental baseline studies campaign at Aurora — its flagship project on the Oregon-Nevada border — in advance of the previously announced 27,000-foot Pre-Feasibility Study (“PFS”) related drill program. The baseline studies span hydrology, hydrogeology, surface and groundwater quality, flora and fauna, wetlands delineation, geochemistry, meteorology, and cultural heritage. The work is being coordinated through SLR International Corporation, which Eagle has engaged as its lead permitting manager, and through Native-X, Inc., a full-service archaeological consulting firm that operates extensively across Oregon, Nevada, and California.

The headline asset is one that, on its own, ought to command a far larger share of the U.S. nuclear conversation than it currently does. Aurora is described by the Company as the largest conventional, measured and indicated uranium deposit in the United States — 32.75 million pounds of indicated U3O8 and 4.98 million pounds inferred under SK-1300 TRS, located within a near-surface ore body. The adjacent Cordex deposit, which the Company believes offers significant potential to expand the project’s overall resource inventory, sits within the same property package. BBA USA Inc. completed Aurora’s S-K 1300 Mineral Resource Estimate and authored the related Technical Report Summary in August 2025.

The news today, in plain English, is this: the unsexy work has started. The quiet work. The work that determines whether the drill program in July actually leads anywhere.

What was actually announced

There are four substantive pieces inside today’s announcement, and each of them carries weight in the project’s permitting trajectory.

A 10-meter meteorological station. Through SLR, Eagle has commenced the permitting and procurement process for a 10-meter-high meteorological (“MET”) station at Aurora, with installation expected by early June. Once operational, the station will collect ambient weather-related data — wind speed in both horizontal and vertical axes, wind direction, temperature and temperature contrasts, relative humidity, barometric pressure, and solar radiation. That data feeds directly into air-quality permitting and related air-quality studies. For anyone unfamiliar with how mine permitting actually works in the United States, it is worth pausing on this: you cannot apply for an air-quality permit without a baseline of meteorological data, and you cannot collect a baseline of meteorological data without a station. The MET station is the prerequisite to the prerequisite. Eagle is starting at the foundation.

Wetlands and aquatic resources delineation. SLR has also initiated detailed delineation of wetlands and other jurisdictional aquatic resources across the specific areas at Aurora where the upcoming PFS-related drill program will be conducted. Field teams will map wetland boundaries, streams, and other waters, and assess their functional characteristics, hydrologic connectivity, and ecological value. The output of this work feeds two parallel permitting streams — federal compliance with the U.S. Army Corps of Engineers under Section 404 of the Clean Water Act, and state-level permitting through the Oregon Department of State Lands. This is not a corner that any modern uranium project can cut. It is the kind of work that, done correctly and early, prevents the kind of late-stage permitting delays that have killed otherwise viable projects in other jurisdictions.

Cultural and archaeological baseline studies. Native-X, the archaeological consulting firm Eagle has engaged, has commenced cultural and archaeological baseline work across the Project area. The studies are designed to identify and document any historical properties or cultural resources that may be present, support early engagement with relevant federal and state agencies and Tribal Nations, and inform project design to avoid or mitigate potential impacts. Again — this is work that has to happen. The question, for any uranium developer, is whether it gets started years before it is needed, or whether it becomes the bottleneck that delays a permit two years down the road. Eagle is doing it before the drill rigs arrive.

Multiple consultant engagements still in progress. The Company also disclosed that it is in various stages of discussion with numerous additional consultants regarding hydrology, hydrogeology, surface water quality, groundwater quality, flora and fauna, and geochemistry. Most of this work is expected to commence in advance of, or during, the PFS-related drill program scheduled for this summer.

The framing quote from Eagle’s VP of Operations, Vishal Gupta, captures the operational philosophy: “Initiating environmental baseline studies marks an important milestone in the responsible advancement of Aurora toward a PFS. These studies are designed to collect critical environmental data across multiple disciplines, including hydrology, hydrogeology, surface water quality, groundwater quality, flora and fauna, wetlands delineation, geochemistry, meteorology, and cultural heritage. Once collected, this data will support environmental impact assessments, mine design optimization, and future permitting activities at Aurora. We are committed to developing Aurora in a manner that meets or exceeds regulatory standards and reflects best practices in environmental stewardship.”

That language is operationally specific in a way that matters. It is not “we plan to advance the project.” It is “here are the disciplines, here are the consultants, here is the sequencing.” The detail itself is the signal.

Why this matters in the broader uranium market

To understand why Aurora’s quiet permitting work is significant, it helps to widen the lens.

Uranium is in the middle of one of the most extraordinary repricing cycles in the history of the commodity. As of May 1, 2026, the spot price sits at approximately $86.55 per pound — up 24% over the past year, despite a flat 2025. TradeTech’s monthly Long-Term Uranium Price Indicator climbed to $93.00 per pound on March 31, 2026 — the highest level in more than 18 years — reflecting the reality that utilities are no longer willing to roll the dice on spot availability and are signing forward contracts at prices that producers describe as the floor, not the ceiling.

The structural drivers underneath that pricing are well known but worth restating. The United States consumes nearly 50 million pounds of uranium per year to fuel its 93 operating commercial nuclear reactors. Domestic production, even in 2026, sits at approximately 1 million pounds. The arithmetic gap is filled by imports — primarily from Kazakhstan, Canada, and historically Russia, the latter of which is now subject to U.S. sanctions on enriched uranium. Uranium was reinstated to the U.S. Geological Survey’s Final 2025 List of Critical Minerals, reinforcing its strategic status and enabling supportive domestic supply policy. The 2026 Critical Minerals Ministerial, held earlier this year, confirmed more than $30 billion in committed U.S. government support for secure critical mineral supply chains.

On the demand side, the picture is even more striking. The International Energy Agency’s 2026 Global Energy Review reports 78 gigawatts of nuclear reactor capacity currently under construction across 15 countries, against an installed base of 420 GW. Thirty-eight nations signed on at the Paris Nuclear Energy Summit in March 2026 to triple global nuclear capacity by 2050. The U.S. government has committed an $80 billion package supporting Cameco’s Westinghouse joint venture for new AP1000 reactor builds. The Department of Energy has issued a $2.7 billion contract package to Centrus Energy and two other enrichers to onshore enrichment capacity. Meta has signed agreements for up to 7.8 gigawatts of nuclear capacity to support its AI services. Microsoft has signed agreements to renew old reactors that exclusively supply over 800 megawatts for AI datacenter operations.

This is the context in which Aurora’s permitting work is happening. It is not a project being advanced into a soft uranium market in the hope that prices will eventually arrive. It is a project being advanced — methodically, with real consultant engagements and real money — into a market where the prices are already there, the policy support is already there, and the demand is already locked in through long-term contracts.

Cameco — the world’s largest publicly traded uranium company is reading the same room

Eagle’s announcement today coincides almost to the day with the most-watched earnings event in the uranium sector. Cameco Corporation (TSX: CCO; NYSE: CCJ) — the largest publicly traded uranium company in the world, with a market capitalization of approximately $52 billion — is scheduled to release its first-quarter 2026 results before market open on Tuesday, May 5, 2026. Senior management will host a conference call at 8:00 a.m. Eastern to discuss the results.

Cameco’s importance to the sector is difficult to overstate. The Company operates the McArthur River and Key Lake uranium operations in Saskatchewan’s Athabasca Basin — the world’s largest high-grade uranium mine and mill — and holds a majority stake in the Cigar Lake mine, the world’s highest-grade uranium mine, which the Company has indicated will continue operating through 2036. Cameco has guided 2026 deliveries of 29 to 32 million pounds against expected production of 19.5 to 21.5 million pounds on a share basis, with uranium revenue expected between C$2.54 billion and C$2.73 billion and fuel-services revenue of C$590 million to C$630 million. Average uranium spot prices in Q1 2026 ran approximately $88.49 per pound, up 41% from $62.55 a year earlier — providing material tailwind to Cameco’s contracted book and capturing the magnitude of the repricing the sector has lived through over the past 12 months.

Beyond the production base, Cameco holds a 49% stake in Westinghouse Electric Company, which sits at the center of the U.S. government’s $80 billion AP1000 reactor build-out package. The strategic positioning is unique: Cameco is simultaneously the largest pure-play uranium miner in the world, the holder of one of the largest uncommitted long-term uranium positions, and a major equity holder in the dominant Western reactor designer. CEO Tim Gitzel has consistently maintained a cautious supply-discipline position rather than chasing volume — a stance that, combined with the Company’s contracted book, has driven the share price from a 2020 low to approximately $122.15 at last close before the May 5 earnings event.

Three observations from the Cameco set-up that bear directly on Eagle:

First, the supply-discipline thesis. Cameco has consistently guided that it will not increase production aggressively into a tightening market — preferring to extract value through long-term contract pricing rather than volume. That posture, replicated across most major Western producers, is precisely what creates the structural opening for new domestic deposits to enter the supply stack. The market is not waiting for the incumbents to flood it. It is waiting for new pounds, in safe jurisdictions, with credible permitting trajectories.

Second, the Westinghouse-uranium integration thesis. Cameco’s bet on Westinghouse is the most explicit institutional articulation in the sector of the proposition that uranium and reactor technology are converging strategic assets. Eagle’s stated long-term strategy — combining domestic uranium with exclusive Small Modular Reactor (SMR) technology — is the same architectural thesis applied at the development stage rather than at the multi-billion-dollar producer stage.

Third, the U.S. exposure premium. Cameco’s portfolio is overwhelmingly Canadian. The U.S. — the world’s largest nuclear power generator and the most acute domestic supply gap — has no equivalent of Cameco. There is no single U.S.-listed uranium developer of scale that owns, in the United States, a measured and indicated resource base comparable to what Cameco operates in Saskatchewan. Aurora is the closest thing the United States has, on a measured-and-indicated conventional basis, to a McArthur River-adjacent strategic asset — and Eagle is the only U.S.-listed company developing it.

Cameco trades at roughly 50x its trailing earnings, and the market is willing to pay that multiple on the basis of contracted volumes, jurisdictional security, and Westinghouse exposure. The implied premium for U.S. domestic, large-scale, conventional uranium is something the market has not yet had the opportunity to price — because, until very recently, it has not had a candidate to price it on.

What the timeline looks like from here

Pulling the threads together, the next 90 to 120 days for Eagle Nuclear Energy will be defined by a sequence of execution markers that the market can track in real time:

The MET station goes in by early June. SLR continues delineation of wetlands and jurisdictional aquatic resources at the drill program footprint. Native-X advances cultural and archaeological baseline work with Tribal Nations engagement. The 27,000-foot, 47-hole diamond drill program at Aurora — designed by BBA USA, permitted by SLR, drilled by Harris Exploration Drilling with two to three rigs over three to four months — is scheduled to commence in early July 2026. The data feeds directly into the Pre-Feasibility Study, targeted for completion in the second half of 2027.

That is a real, verifiable, dated sequence. It is the kind of sequence that, for a development-stage uranium company in a tightening market, converts from a plan into a re-rating event one milestone at a time.

The unsexy work has started. The drill rigs come next.

For more information on Eagle Nuclear Energy Corp. (NASDAQ: NUCL), visit equity-insider.com/nucl-profile/.

Article Source: https://equity-insider.com/nucl-profile/

CONTACT:

EQUITY INSIDER
[email protected]
(604) 265-2873

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity-Insider.com is a wholly-owned subsidiary of Market IQ Media Group Inc. (“MIQ”). This article is being distributed by Equity-Insider.com on behalf of MIQ. MIQ has been paid a fee for Eagle Nuclear Energy Corp. advertising and digital media from Creative Digital Marketing Group (“CDMG”). There may be 3rd parties who may have shares of Eagle Nuclear Energy Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ does not own any shares of Eagle Nuclear Energy Corp. but reserve the right to buy and sell, and will buy and sell shares of Eagle Nuclear Energy Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, we have been paid for by CDMG, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Cautionary Note Regarding Forward-Looking Statements

This publication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the current expectations of the management team of Eagle Nuclear Energy Corp. and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) market risks; (ii) the effect of the Company’s previously completed business combination with Spring Valley Acquisition Corp. II (the “Business Combination”) on Eagle’s business relationships, performance, and business generally; (iii) risks that the Business Combination disrupts current plans of Eagle and potential difficulties in its employee retention as a result of the Business Combination; (iv) the outcome of any legal proceedings that may be instituted against Eagle related to the Business Combination; (v) failure to realize the anticipated benefits of the Business Combination; (vi) the inability to maintain the listing of Eagle’s securities on Nasdaq Capital Market or a comparable exchange; (vii) the risk that the price of Eagle’s securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters or health epidemics/pandemics, national security tensions, and macro-economic and social environments affecting its business; (viii) fluctuations in spot and forward markets for uranium and certain other commodities (such as natural gas, fuel oil and electricity); (ix) restrictions on mining in the jurisdictions in which Eagle operates; (x) laws and regulations governing Eagle’s operation, exploration and development activities, and changes in such laws and regulations; (xi) Eagle’s ability to obtain or renew the licenses and permits necessary for the operation and expansion of its existing operations and for the development, construction and commencement of new operations; and (xii) risks and hazards associated with the business of mineral exploration, development and mining. The foregoing list is not exhaustive, and there may be additional risks that Eagle presently does not know or that Eagle currently believes are immaterial. You should carefully consider the foregoing factors and the other risks and uncertainties described in filings made with the SEC by Eagle from time to time, which may be found on the SEC’s website at www.sec.gov.



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The Counter-Drone Arms Race Has a New Architecture — and This Defense-Tech Company Is Building It from the Sensor Up

Issued on behalf of VisionWave Holdings, Inc.

Modern aerial threats — drone swarms, subsonic cruise missiles, loitering munitions — are forcing a redesign of how defense platforms see, classify, and respond. A microcap on Nasdaq is seeking to layer RF, optical, and AI-driven video analytics into a single integrated stack.

NEW YORK, May 06, 2026 (GLOBE NEWSWIRE) — USA News Group News Commentary — The phrase “counter-UAS” no longer describes a single product. It describes an entire architectural problem. The threats facing critical infrastructure and forward-deployed forces are no longer a single drone overflight — they are coordinated swarms of Group 1–5 unmanned aircraft, subsonic cruise missiles, and loitering munitions, often arriving from multiple vectors simultaneously. Defeating that threat profile requires sensing systems that detect, identify, classify, and act across multiple domains at once, and it has triggered a wave of strategic repositioning across the defense-technology sector that is reshaping the public-market landscape.

VisionWave Holdings, Inc. (Nasdaq: VWAV) has announced initiatives in 2026 to advance its position in the counter-UAS and multi-domain sensing markets. According to the Company’s April 23, 2026, corporate update, since its previous corporate update on March 30, 2026, VisionWave has continued to advance its platform through certain strategic transactions, initial new commercial revenue bookings, expanded capabilities, and enhanced corporate governance. The Company describes itself as a defense and advanced sensing technology company building an integrated multi-domain intelligence platform spanning autonomous systems, RF-based sensing, artificial intelligence infrastructure, visual perception, and computational acceleration technologies.

The xClibre acquisition added a visual perception layer to the Company’s existing RF-based sensing capabilities

On April 10, 2026, VisionWave completed the acquisition of 100% of the intellectual property assets underlying the xClibre AI video intelligence platform from Dream America Marketing Services. Consideration consisted of 7,000,000 shares of VWAV common stock — half issued at closing, half contingent on satisfactory completion of proof-of-concept validation and shareholder approval as required under Nasdaq Rules — plus a $6,000,000 promissory note. The IP was independently valued at approximately $60 million by BDO Consulting Group as of April 10, 2026 (the valuation is not an appraisal of fair market value for accounting purposes and is not a guarantee of future economic benefit; the Company will assess accounting treatment in accordance with GAAP upon finalization of purchase accounting).

The strategic problem the xClibre assets is intended to address is direct. Prior to the acquisition, VisionWave’s sensing architecture relied primarily on RF-based detection — capable of identifying that something is in the airspace but limited in classifying what it is. xClibre adds AI-driven video analytics, proprietary algorithms and models, and the associated trade secrets and development frameworks needed to convert camera streams into structured sensor intelligence. According to the Company, this visual perception layer is expected to complement existing RF-based detection capabilities. A structured proof-of-concept with an industry partner is targeted for completion in the second half of 2026, subject to successful integration and validation.

The Foresight planned investment is intended to extend the stack to stereo and thermal 3D perception

On April 21, 2026, VisionWave announced a signed non-binding term sheet for a strategic investment in Foresight Autonomous Holdings Ltd. (Nasdaq: FRSX), under which VisionWave would acquire up to 51% of Foresight’s outstanding shares in two stages — 45% at initial closing, with an additional 6% contingent on commencement of a qualifying defense or security sector pilot — in exchange for $17.5 million in VisionWave common stock priced on a five-day average VWAP. Foresight is an innovator in 3D perception systems whose subsidiary Eye-Net Mobile develops V2X collision prevention and smart automotive systems. The combination, if consummated, is designed to layer stereo and thermal computer vision capabilities on top of the AI video analytics layer that xClibre brings.

According to the Company, modern defense and security environments demand sensing systems that can detect, identify, classify, and act across multiple domains simultaneously. The Foresight definitive agreement remains subject to negotiation and is targeted for execution within 30 days of the term sheet (no assurance can be given that a definitive agreement will be reached or that the transaction will close), with Stage 1 closing to follow within 45 days thereafter, subject to customary closing conditions, regulatory approvals, and other contingencies.

The planned C.M. Composite Materials transaction is intended to add an Israeli aerospace manufacturing foothold

VisionWave also entered into a definitive agreement to acquire 51% of C.M. Composite Materials Ltd., an Israeli certified aerospace manufacturer whose structural components support systems publicly known as Iron Dome and Barak 8. Consideration is 250,000 shares of VWAV common stock for 10.2 ordinary shares of the target, paired with a secured loan facility of up to $1,500,000 (initial tranche due within ten business days of the effective date), bearing 12% per annum, maturing three years post-closing, and secured by a first-priority lien on substantially all assets of C.M. Composite Materials. The acquisition has not yet closed and remains subject to completion of all conditions precedent, including any required regulatory or third-party approvals.

The capital backdrop

The platform expansion has been financed in part against a $20,000,000 senior loan from YA II PN Ltd. secured on February 26, 2026. The note bears 0% interest (18% upon event of default) and was issued at a 15% original issue discount.

In other industry developments and happenings in the market

AeroVironment, Inc. (NASDAQ: AVAV), the established defense-technology leader operating from a $9.8 billion market capitalization, has spent April 2026 underscoring exactly why the counter-UAS architectural problem has become so central to the sector. On April 28, 2026, AeroVironment announced the release of Halo_Shield, a modular, distributed counter-UAS system designed to predict, detect, track, identify, and defeat advanced airborne threats — including Group 1–5 unmanned aircraft, coordinated drone swarms, and subsonic cruise missiles. AeroVironment unveiled the system at Modern Day Marine in Washington, D.C. Halo_Shield is built around a tile-based layered defense architecture that the company describes as open, scalable, and adaptable, designed to support emerging homeland defense priorities.

The Halo_Shield announcement followed a string of contract and program wins through April: a $14.6 million U.S. Army production contract for the VAPOR Compact Long Endurance unmanned aircraft system under the Company-Level Directed Requirement Tranche 2; a three-year, $25 million U.S. Air Force contract for AeroVironment’s UES division covering human performance technologies for warfighter readiness; a successful palletized LOCUST Laser Weapon System demonstration aboard the USS George H.W. Bush in collaboration with the U.S. Navy and the U.S. Army Rapid Capabilities and Critical Technologies Office; and the integration of AeroVironment precision-pointing hardware on NASA’s Artemis II Optical Communications System. AVAV shares moved sharply during the period, breaking out from the mid-$170s on March 30 to above $213 by April 21 on heavy momentum-trader participation, with intraday highs reaching $222.40.

The strategic significance for the broader defense-sensing sector is the validation of the architectural premise. Halo_Shield is a tile-based, layered, multi-modal architecture — the same fundamental design philosophy VisionWave is pursuing through the combination of RF detection, xClibre AI video analytics, Foresight stereo and thermal vision, and Israeli aerospace component manufacturing. AeroVironment is operating that architecture at the scale of a major defense prime; VisionWave is working to develop capabilities at the scale of a microcap entrant. For investors, the question of whether the multi-modal sensing thesis is real has effectively been answered. The remaining question — and the one that will define VisionWave’s trajectory through the back half of 2026 — is whether the smaller player can execute integration on a timeline tight enough to remain relevant as the larger players define the category.

Three execution markers worth tracking

The next 90 to 180 days for VisionWave will be defined by three execution checkpoints: completion of the xClibre proof-of-concept with the Company’s industry partner in the second half of 2026, execution of the Foresight definitive agreement within the 30-day window from the April 21 term sheet, and the closing of the C.M. Composite Materials acquisition subject to its conditions precedent. None of these outcomes are guaranteed.

CONTINUED…

Read this and more on VisionWave Holdings by clicking here

CONTACT:

USA NEWS GROUP

[email protected]

(604) 265-2873

Disclaimer: This is a paid promotional advertisement. Nothing in this publication should be considered as personalized financial advice or an offer to buy or sell securities. VisionWave Holdings, Inc. has paid compensation to USANewsGroup.com / Market IQ Media Group, Inc. for the preparation and distribution of this material. USANewsGroup, MIQ, and their affiliates may hold shares of VWAV and may sell them at any time, creating a conflict of interest.

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USANewsGroup.com is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for VisionWave Holdings, Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares of VisionWave Holdings, Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ owns shares of VisionWave Holdings, Inc. which were purchased in the open market. MIQ reserves the right to buy and sell, and will buy and sell shares of VisionWave Holdings, Inc. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved by VisionWave Holdings, Inc.; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Forward-Looking Statements

Forward-Looking Statements. This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “could,” “should,” “would,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “potential,” or similar expressions identify forward-looking statements. These statements are based on current expectations and beliefs and involve risks and uncertainties that could cause actual results to differ materially from those described, including but not limited to: (i) the risk that the provisional patent application will not result in issued claims of commercial value; (ii) technical, regulatory, and market risks associated with the development and commercialization of xCalibre™; (iii) the Company’s ability to secure government contracts; (iv) competition; (v) dependence on key personnel; and (vi) general economic and defense-budget uncertainties. Investors should review the Company’s most recent SEC filings (available at https://www.sec.gov/edgar/browse/?CIK=2038439) for a more complete discussion of risk factors.

VisionWave Holdings, Inc. makes no representations or warranties as to the accuracy of third-party projections or market data cited herein. Past performance of peer companies is not indicative of future results for VWAV.



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Sweet, Sour and Spicy: General Mills Taps into Flavor Trends with New Gushers, Fruit by the Foot and Fruit Roll-Ups Varieties

Sweet, Sour and Spicy: General Mills Taps into Flavor Trends with New Gushers, Fruit by the Foot and Fruit Roll-Ups Varieties

Gushers enters the candy aisle for the first time as General Mills introduces a range of new fruit snacks made with no colors from artificial sources

MINNEAPOLIS–(BUSINESS WIRE)–
General Mills is tapping into the season’s hottest taste trends, unleashing an irresistible lineup up of new fruit snacks designed to thrill the taste buds and ignite social feeds. From viral sour challenges to sweet-and-spicy snack hacks trending across TikTok, fans have been remixing their favorite fruit snacks, and now General Mills is giving them exactly what they’ve been looking for. Leading the lineup, Gushers Super Sour and Gushers Sweet & Fiery are making their candy aisle debut, perfectly tapping into these trending flavors. But the fun doesn’t stop there, additional offerings from Gushers, Fruit by the Foot and Fruit Roll-Ups bring more flavorful mix-and-match options to the familiar fruit snacks, giving snack lovers new ways to enjoy variety in every bite.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260506248607/en/

Gushers Super Sour and Gushers Sweet & Fiery bring mouth-puckering sour and deliciously sweet-heat to the candy aisle, marking Gushers’ first entry into the category.

Gushers Super Sour and Gushers Sweet & Fiery bring mouth-puckering sour and deliciously sweet-heat to the candy aisle, marking Gushers’ first entry into the category.

Now in the candy aisle:

  • Gushers Super Sour: Turn up your senses with blueberry grape, mixed berry and raspberry lemonade flavors. Made with no colors from artificial sources, they deliver a mouthwatering experience in every bite.
  • Gushers Sweet & Fiery: The fruity flavors of hot mango and spicy watermelon, blended with sweet goodness and a spicy kick in Gushers’ signature juicy center taps into growing demand for “swicy” (sweet + spicy) flavor combinations. Reimagined from its 2010s debut, this version turns up the heat for a spicier experience in the candy aisle made with no colors from artificial sources.

More ways to mix things up:

  • Gushers Lemonade Mix: Serve up summer early with a mix of pink lemonade, limeade, blue raspberry lemonade and cherry limeade flavors delivering a tangy-sweet burst — made with no colors from artificial sources and inspired by the classic, refreshing drink.
  • Fruit by the Foot Splitz: Turn the dial to double snack mode with the delicious taste of peach and blueberry in a dual-flavor, pull-apart roll. Twist, mix or enjoy each flavor on its own for a customizable snack experience that is made with no colors from artificial sources.
  • Fruit Roll-Ups Rainbow Sherbet: A trio of raspberry, lemon and orange creamsicle flavors made with no colors from artificial sources in a single, mouthwatering roll inspired by the frozen treat — no spoon required.

These new options give fans more ways to get creative with their snacks, whether they’re going all-in on sour, turning up the heat or combining different flavors to create something entirely new.

“Gushers has always been about not taking ourselves too seriously and letting fans have fun with their snacks,” said Ryan Eick, Business Unit Director for Fruit Snacks at General Mills. “We’re seeing people look for snacks they can experiment with, and they’re creating their own sweet, sour and spicy mashups. With Gushers Super Sour and Sweet & Fiery, along with new options across our other fruit snacks brands, we’re giving them the bolder flavors they are looking for.”

Gushers Super Sour and Gushers Sweet & Fiery are available in the candy aisle at Target, and additional varieties from Gushers, Fruit by the Foot and Fruit Roll-Ups are available at major retailers nationwide.

Fans can find more inspiration and share their own creations on Instagram and TikTok @therealgushers, @fruitbythefoot and @fruitrollups — see how others are mixing it up and join the fun.

About General Mills

General Mills makes food the world loves. The company is guided by its Accelerate strategy to boldly build its brands, relentlessly innovate, unleash its scale and stand for good. Its portfolio of beloved brands includes household names like Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury, Betty Crocker, Totino’s, Annie’s, Wanchai Ferry and more. General Mills generated fiscal 2025 net sales of U.S. $19 billion. In addition, the company’s share of non-consolidated joint venture net sales totaled U.S. $1 billion. For more information, visit www.generalmills.com.

General Mills Communications

763-764-6364

[email protected]

Edelman

Andrea Larson

[email protected]

KEYWORDS: Minnesota United States North America

INDUSTRY KEYWORDS: Retail Convenience Store Other Retail Supermarket Specialty Food/Beverage

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Gushers Super Sour and Gushers Sweet & Fiery bring mouth-puckering sour and deliciously sweet-heat to the candy aisle, marking Gushers’ first entry into the category.
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Riskified Unveils Next-Generation AI Suite at Ascend 2026, Empowering Merchants with Unprecedented Visibility and Control Over Ecommerce Risk

Riskified Unveils Next-Generation AI Suite at Ascend 2026, Empowering Merchants with Unprecedented Visibility and Control Over Ecommerce Risk

New capabilities include Riskified ARIA the AI Risk Analyst, Identity Explore 2.0, and an enhanced Decision Studio, giving merchants the power to see, understand, and act on network risk intelligence like never before

NEW YORK–(BUSINESS WIRE)–Riskified (NYSE: RSKD), a global leader in ecommerce fraud and risk intelligence, today announced a major leap forward in its AI platform capabilities, introducing a powerful suite of control and empowerment tools designed to give merchant fraud teams complete visibility into risk patterns and identity behavior, conversational AI-driven insights, and the ability to surgically tailor their risk strategies. The innovation suite was announced onstage at Ascend 2026, Riskified’s premier global summit series, taking place May 4-6, 2026, at the Conrad New York Downtown in Manhattan, NY.

With global ecommerce continuing to expand and losses from AI-driven fraud attacks projected to spike, particularly with the rise of agentic commerce, where AI bots may conduct transactions on behalf of consumers, accurate fraud decisions are fundamental, but are no longer enough. Today, more than ever, sophisticated fraud and risk teams need to understand the why behind every transaction and pattern, and require the autonomy to instantly adapt to threats without risking their revenue.

“For over a decade, Riskified has been laser-focused on delivering the most accurate decisions through network data and deep identity models,” said Eido Gal, CEO & Cofounder of Riskified. “But our merchants told us they need more than just accurate decisions. They want to explore what’s happening in their business in real-time, understand the context behind the data, gain insight into the identities behind it, and most importantly, take action with total confidence. We’re empowering merchants with unprecedented access to Riskified platform intelligence and the insights and ability to further tailor risk management to the needs of their business.”

Riskified unveiled the following advanced capabilities in its merchant control center that offer the most comprehensive, context-rich environment for fraud teams:

Riskified ARIA, the AI Risk Analyst

Going beyond basic chatbot add-ons and isolated investigation dashboards, Riskified ARIA (AI Risk Intelligence Analyst) gives merchants access to Riskified’s network data, model outputs, and identity signals, allowing them to better understand risk and fraud trends in their store at both a transactional level and across broader performance patterns. Riskified ARIA operates securely within Riskified’s unified platform, tapping directly into billions of network signals, cross-platform patterns, and performance diagnostics. Fraud specialists can use simple conversational language to instantly zoom in on transaction-level explainability, visualize specific performance trends, or isolate specific risk indicators. ARIA serves as an always-on risk analyst that provides risk intelligence and insight across every touchpoint of the buyer journey in plain language and in seconds.

Identity Explore 2.0

Riskified is also expanding its identity capabilities beyond transaction-level analysis. Through the latest update to Identity Explore, fraud teams can move beyond individual accounts to a full view of identity across devices and across merchants in the Riskified network. It exposes hidden accounts and connections across the network and enables visibility into behavior patterns that cannot be seen within a single merchant view, giving merchants a network-wide view of identity and activity across multiple accounts and interactions, including suspicious behavior patterns, rather than operating in isolation. Fraud teams can see all their identities in one place, apply filters to expose cohorts of fraudsters and abuse rings, not just individual bad actors, and block or tag and track them in real time. Tapping into Riskified’s massive data consortium, this approach extends across the full customer journey, allowing merchants to assess risk based on how users behave, not just what they do in a single moment.

Decision Studio Enhancements

Decision Studio allows teams to turn what they learn from Riskified ARIA, decision explainability, and Identity Explore into deployable business rules. Intelligence-based fraud rules can be created, tested in simulation or shadow mode, and deployed after full confidence in the outcome. Business rules benefit from using identity and network patterns rather than single data points from a merchant’s own store, enabling a balance between a fraud team’s understanding of their business and Riskified’s AI and machine learning models. With the new “Identity Feedback Loop,” the identity and behavioral labels created in Identity Explore 2.0 become automated triggers for dynamic business policies in Decision Studio. Using these identity-based labels, merchants can refine their rules to better distinguish between legitimate customers and risky behavior flagged by a combination of identity signals with behavioral patterns. These enhancements put fraud teams at the steering wheel, allowing them to apply their unique business DNA to risk strategy with total confidence.

Together, these capabilities reflect a broader shift in fraud prevention from isolated decisions at checkout to continuous intelligence across the full customer journey. Rather than replacing automation, Riskified is focused on making it more usable, giving teams visibility into how decisions are made and practical ways to intervene when needed without slowing down operations.

These latest releases directly address the looming pressure from AI-driven fraud and abuse. Addressing visibility gaps created by siloed investigative tools, Riskified’s unified approach – spanning account intelligence, checkout intelligence, policy intelligence, and dispute intelligence – ensures that the most comprehensive and accurate insights are always embedded directly into merchant risk management workflows. This becomes even more critical as AI and agentic interactions grow, making it harder to distinguish between legitimate users and malicious activity without a clear understanding of underlying identity and behavior.

Riskified also shared new insights from a live survey conducted among hundreds of large enterprise ecommerce leaders at Ascend 2026, representing more than $1.1T in total processing volume (TPV). The live poll looked at how the merchants are progressing in their adoption of AI-powered shopping assistants as generative AI becomes more visible in the customer experience.

When asked about their current stage of adoption, responses showed a market still in transition:

  • 12% already have a live AI shopping assistant

  • 25% are actively building their own AI shopping assistant

  • 41% are exploring their options but have not yet started building

Overall, 78% of merchants are already engaging with AI shopping assistants, whether they are exploring, building, or already live.

These results underscore a shift in ecommerce strategy as generative AI moves from backend optimization to front-end customer interaction, raising new questions around ownership of the customer relationship, experience control, and the role of external AI platforms in commerce.

To learn more about these new AI capabilities and Riskified’s risk intelligence suite, schedule a consultation with a Riskified fraud expert here.

About Riskified

Riskified (NYSE:RSKD) empowers businesses to unleash ecommerce growth by outsmarting risk. Many of the world’s biggest brands and publicly traded companies selling online rely on Riskified for guaranteed protection against chargebacks, to fight fraud and policy abuse at scale, and to improve customer retention. Developed and managed by the largest team of ecommerce risk analysts, data scientists, and researchers, Riskified’s AI-powered fraud and risk intelligence platform analyzes the individual behind each interaction to provide real-time decisions and robust identity-based insights. Learn more at riskified.com.

Corporate Communications:

Cristina Dinozo

Senior Director of Communications

[email protected]

Investor Relations:

[email protected]

KEYWORDS: New York United States North America Latin America Asia Pacific Europe Israel Middle East

INDUSTRY KEYWORDS: Apps/Applications Technology Security Electronic Commerce Professional Services Data Analytics Data Management Retail Artificial Intelligence Online Retail

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Terrestrial Energy and Riot Platforms Launch Collaboration to Develop Nuclear-Powered Large-Scale Data Center Projects

Terrestrial Energy and Riot Platforms Launch Collaboration to Develop Nuclear-Powered Large-Scale Data Center Projects

Memorandum of Understanding signed for deployment of Terrestrial Energy’s IMSR Plants co-located with data centers developed by Riot Platforms for artificial intelligence and high-performance compute applications

Will create a best-in-class pairing of nuclear and data centers to deploy multiple 390 MW IMSR Plants representing up to 4 GW of nuclear power capacity

Includes potential to incorporate natural gas as a bridge fuel for commercial operations on an accelerated timeline and to enhance power supply resilience alongside IMSR Plant development

CHARLOTTE, N.C. & CASTLE ROCK, Colo.–(BUSINESS WIRE)–
Terrestrial Energy Inc. (NASDAQ: IMSR) (“Terrestrial Energy”), a developer of small modular nuclear power plants using its Generation IV Integral Molten Salt Reactor (IMSR) technology, and Riot Platforms Inc. (NASDAQ: RIOT) (“Riot”), an industry leader in the development of large-scale data centers and bitcoin mining applications, today announced a collaboration to develop a best-in-class pairing of future data centers with co-located advanced nuclear plants. As partners, Riot and Terrestrial Energy will consider project opportunities at multiple candidate sites, including existing Riot facilities in Texas and Kentucky, while jointly evaluating additional sites.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260506748163/en/

The two partners will collaborate on the customization of IMSR Plants to be integrated with Riot developed and operated data centers. This partnership combines Terrestrial Energy’s nuclear plant design and licensing expertise with Riot’s expertise in data center design, development, and operations. Riot Platforms’ veteran data center development team has extensive experience developing and delivering hyperscale data centers with collective experience spanning design, engineering, construction, operations, marketing, and leasing. Terrestrial Energy and Riot will evaluate scaling optimized configurations of IMSR Plant power supply and data center operations at candidate sites utilizing Riot’s completed data center Basis of Design optimized for large-scale hyperscale tenants.

Terrestrial Energy’s IMSR Plant is uniquely suited for data center operation. Its non-nuclear energy conversion systems, housed in the plant’s Thermal and Electric Facility, are remote and isolated from regulated nuclear systems, providing a competitive advantage in the small modular reactor (SMR) sector. This design enables hybrid energy configurations, including the use of natural gas or other fuel sources to meet site-specific customer needs, support early operations, and enhance system resilience during project buildout.

“This partnership brings together two companies with sector leading capabilities to unlock the tremendous value in IMSR Plant supply to data center operations and to build long-term strategic depth in Riot Platforms’ power-first strategy,” said Simon Irish, CEO of Terrestrial Energy. “Riot has proven it can build and operate large-scale digital infrastructure, and our small and modular IMSR Plant is designed to deliver the reliable, low-cost power those operations need. Together, we see a clear path to deploying IMSR’s clean energy at scale for AI and HPC.”

“Our data centers require reliable and predictable energy at the scale demanded by today’s hyperscale customers,” said Jason Les, CEO of Riot Platforms. “Partnering with Terrestrial Energy positions our facilities at the forefront of data center deployment, utilizing clean energy and benefitting both our customers and the communities we operate in. The consistent baseload of power required by data centers presents an ideal pairing for development alongside Terrestrial’s IMSR Plants. This partnership will bring reliable, innovative power online while diversifying Riot’s sources of power and creating new opportunities for future data center deployment.”

Terrestrial Energy is developing IMSR Plant projects across multiple sites in the U.S. These projects leverage the IMSR Plant’s small and modular siting capabilities and the plant’s capacity to supply clean, high-temperature thermal energy for high-efficiency, low-cost electric power generation and for direct industrial process-heat use. The company’s supply chain includes use of readily available standard-assay low enriched uranium (SALEU) – fuel enriched to less than 5% U235. This avoids the considerable supply chain challenges to commercial scale deployment from reliance on high-assay low enriched uranium (HALEU) – fuel enriched to between 15 and 20% U235, which is used by other Generation IV reactors in the market today.

About Terrestrial Energy Inc.

Terrestrial Energy is a developer of Generation IV nuclear plants that use its proprietary Integral Molten Salt Reactor (IMSR). The IMSR captures the transformative operating benefits of molten salt reactor technology in a plant design that represents true innovation in capital efficiency, cost reduction, versatility, and functionality of nuclear energy supply. IMSR Plants are designed to be small and modular for distributed supply of low-cost, reliable, dispatchable, clean, high-temperature industrial heat and electricity, and to be customized for a dual-use energy role relevant to many industrial applications, such as petrochemical and chemical synthesis, and data center operation. In so doing, IMSR Plants extend the application of nuclear energy far beyond electric power markets. Their deployment will support the rapid growth of clean firm heat and power, delivering energy self-reliance, grid reliability, and economic growth. Terrestrial Energy uses an innovative plant design together with proven and demonstrated molten salt reactor technology and readily-available and inexpensive standard-assay low-enriched uranium in its fuel for a nuclear plant with a unique set of operating characteristics and compelling, transformative commercial potential. Terrestrial Energy is engaged with regulators, suppliers, industrial partners, and energy end-users to build, license and commission the first IMSR Plants in the early 2030s.

For more information, visit www.terrestrialenergy.com.

About Riot Platforms Inc.

Riot’s vision is to be the world’s most trusted platform for powering and building digital infrastructure.

Riot’s mission is to empower the future of digital infrastructure by positively impacting the sectors, networks, and communities it reaches. Riot believes that the combination of an innovative spirit and strong community partnership allows Riot to achieve best-in-class execution and create successful outcomes.

Riot is a Bitcoin-driven industry leader in the development of large-scale data centers and bitcoin mining applications. Riot vertically integrated strategy spans Bitcoin mining, engineering, and the development of large-scale data center projects designed to support the growing demand for high-density computing. Riot currently operates Bitcoin mining facilities in central Texas and Kentucky, with engineering and fabrication capabilities in Denver and Houston. Riot is now expanding into data center development, strengthening its position as a foundational builder in the digital economy.

For more information, visit www.riotplatforms.com.

Forward Looking Statements

Statements in this press release made by Terrestrial Energy and Riot respectively that are not historical facts are forward-looking statements that reflect their respective management’s current expectations, assumptions, and estimates of future performance and economic conditions. Such statements rely on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “anticipates,” “believes,” “plans,” “expects,” “intends,” “will,” “potential,” “hope,” “milestones,” “continue,” “could,” “estimate,” “may,” “might,” “possible,” “predict,” “project,” “should,” “would,” and similar expressions and their negatives are intended to identify forward-looking statements. These forward-looking statements are also subject to a number of risks and uncertainties that may cause results, performance, or achievements to be materially different from those expressed or implied, including, without limitation, plans to develop data centers; planned collaboration to develop a pairing of data centers with advanced nuclear plants; forecasted demand for energy; anticipated financing plan for the project; the development, manufacturing and construction of IMSR Plants and key components, including potential delays, cost overruns and contractor performance issues; the ability to obtain applicable regulatory approvals and licenses on a timely basis or at all; and the ability of management to manage growth. These forward-looking statements are also subject to a number of risks and uncertainties that may cause results, performance, or achievements to be materially different from those expressed or implied, including, without limitation, the possibility of adverse effects from other economic, business, and/or competitive factors, including from alternative energy technologies, energy price volatility, and competition from other advanced reactor developers; potential supply chain constraints and cost inflation for specialized nuclear-grade materials and components; any failure to comply with the laws and regulations governing the use, transportation, and disposal of toxic, hazardous and/or radioactive materials; changes in domestic and foreign business, market, financial and political conditions, and in applicable laws and regulations, including tariffs; the ability to raise additional funding in the future; the outcome of any legal proceedings that may be instituted and other plans, projections, objectives, expectations, and intentions more generally and other risk factors described herein as well as the risk factors and uncertainties described in the documents filed from time to time by Terrestrial Energy and Riot respectively with the U.S. Securities and Exchange Commission (the “SEC”).

The foregoing list of risk factors is not exhaustive. Forward-looking statements made by Terrestrial Energy are subject to the risks, uncertainties and other factors discussed under the section entitled “Risk Factors” in company filings with the SEC, including its most recently filed periodic reports on Form 10-K and Form 10-Q, and the other filings Terrestrial Energy makes with the SEC, copies of which may be obtained from the SEC’s website, www.sec.gov. Terrestrial Energy undertakes no obligation to update such statements except as required by law. Forward-looking statements made by Riot are subject to the risks, uncertainties and other factors discussed under the section entitled “Risk Factors” in its filings with the SEC, including its most recently filed periodic reports on Form 10-K and Form 10-Q, and the other filings Riot makes with the SEC, copies of which may be obtained from the SEC’s website, www.sec.gov. Riot undertakes no obligation to update such statements except as required by law. In addition, there may be additional risks that each company does not presently know, or that it currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. All forward-looking statements included in this press release are made only as of the date of this press release and may change, and each company disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which each company hereafter becomes aware, except as required by law. Nothing in this communication should be regarded as a representation or warranty, either express or implied, by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. Persons reading this press release are cautioned not to place undue reliance on such forward-looking statements. Information contained on either company’s website is not a part of or incorporated into this press release.

Terrestrial Energy Investor Center:

https://www.terrestrialenergy.com/investors

Terrestrial Energy Media & Contact:

[email protected]

[email protected]

Riot Platforms Investor Contact:

Joshua Kane

[email protected]

Riot Platforms Media Contact:

Becca Rincon

[email protected]

KEYWORDS: North Carolina Colorado United States North America

INDUSTRY KEYWORDS: Oil/Gas Alternative Energy Data Management Green Technology Energy Sustainability Manufacturing Technology Nuclear Blockchain Professional Services Environment Digital Cash Management/Digital Assets Software Cryptocurrency Engineering

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Citi Announces Early Tender Results of Offers to Purchase Three Series of Outstanding Citigroup Inc. Notes

Citi Announces Early Tender Results of Offers to Purchase Three Series of Outstanding Citigroup Inc. Notes

NEW YORK–(BUSINESS WIRE)–
Citigroup Global Markets Inc. (“CGMI”), an indirect wholly-owned subsidiary of Citigroup Inc. (“Citigroup”), today announced the early tender results of its previously announced offers, which commenced on April 22, 2026, to purchase for cash the three series of Citigroup notes set forth in the table below (collectively, the “Notes” and each a “series” of Notes), using a “waterfall” methodology under which CGMI will accept Notes in the order of their respective Acceptance Priority Levels specified in the table below, subject to a $1,250,000,000 cap on the aggregate Total Consideration (as defined below) and Tender Offer Consideration (as defined in the offer to purchase, dated April 22, 2026 (the “Offer to Purchase,” as may be amended or supplemented from time to time) that CGMI will be obligated to pay (the “Waterfall Cap”). Each offer to purchase a series of Notes is referred to as an “Offer” and all such offers are referred to collectively as the “Offers.” The Notes had an aggregate principal amount outstanding of approximately $4,750,000,000 as of April 21, 2026.

Acceptance

Priority

Level

Title of

Security

CUSIP / ISIN

Exchange

Listing

Aggregate

Principal

Amount

Outstanding

Aggregate

Principal

Amount

Tendered at

Early Tender

Date

1

4.650%

Notes due

2048

172967MD0 / US172967MD09

None

$2,500,000,000

$984,149,000
 

2

4.281%

Fixed

Rate/Floating

Rate

Callable

Senior Notes

due 2048

172967LJ8 / US172967LJ87

Luxembourg

Stock

Exchange

$1,000,000,000

$367,131,000
 

3

2.904%

Fixed

Rate/Floating

Rate Notes

due 2042

172967NF4 / US172967NF48

None

$1,250,000,000

$745,208,000

The Offers are being made pursuant to the Offer to Purchase which sets forth in more detail the terms and conditions of the Offers. Capitalized terms used but not otherwise defined herein shall have the meaning given to them in the Offer to Purchase.

CGMI has been advised by Global Bondholder Services Corporation, the depositary and information agent for the Notes, that the principal amount for each series of Notes, as set forth in the table below, has been validly tendered on or prior to 5:00 p.m., New York City time, on May 5, 2026 (the “Early Tender Date”) and not validly withdrawn prior to 5:00 p.m., New York City time, on May 5, 2026 (the “Withdrawal Date”).

All Notes validly tendered and not validly withdrawn on or before the Early Tender Date having a higher Acceptance Priority Level (as shown in the table above, with 1 being the highest) will be accepted for purchase before any tendered Notes having a lower Acceptance Priority Level (with 3 being the lowest). Notes of a series will be subject to proration, as described in the Offer to Purchase, if the aggregate principal amount of the Notes of such a series validly tendered would cause the Waterfall Cap to be exceeded. All Notes not accepted for purchase as a result of proration will be rejected from the Offers and returned to the tendering holder. Because the aggregate principal amount of Notes validly tendered and not validly withdrawn on or before the Early Tender Date exceeded the Waterfall Cap, holders who validly tender Notes following the Early Tender Date but on or before the expiration of the Offers at 5:00 p.m., New York City time, on May 20, 2026 (the “Expiration Date”), will not have any of their Notes accepted for purchase.

CGMI’s obligation to accept for purchase and to pay for the Notes validly withdrawn pursuant to the Offers is subject to the satisfaction or waiver, in CGMI’s discretion, of certain conditions, which are more fully described in the Offer to Purchase.

The consideration paid in the Offers for each series of Notes validly tendered and not validly withdrawn and accepted for purchase will be determined in the manner described in the Offer to Purchase (the “Total Consideration”).Subject to the terms and conditions set forth in the Offer to Purchase, holders of Notes that were validly tendered on or prior to the Early Tender Date and accepted for purchase shall be entitled to receive the applicable Total Consideration, which includes an early tender premium of $50 per $1,000 principal amount of Notes accepted for purchase (the “Early Tender Premium”).

The Total Consideration will be determined at 10:00 a.m., New York City time, on May 6, 2026 (subject to certain exceptions set forth in the Offer to Purchase, such time and date, as the same may be extended with respect to such Offers, the “Reference Yield Determination Date”). CGMI expects to issue a press release after the Total Consideration has been determined to announce the Total Consideration payable, amounts accepted (subject to the Waterfall Cap), and proration factors (as applicable) in connection with the Offers.

Payment for Notes purchased will include accrued and unpaid interest from, and including, the last interest payment date applicable to the relevant series of Notes up to, but not including, the settlement date. The settlement date for Notes accepted for purchase in connection with the Early Tender Date is expected to be May 11, 2026 (the “Early Settlement Date”). The Withdrawal Date for the Offers has now passed. As a result, tendered Notes may no longer be withdrawn, except in certain limited circumstances where additional withdrawal rights are required by law (as determined by CGMI).

Global Bondholder Services Corporation has been retained to serve as the depositary and information agent with respect to the Notes.

For additional information regarding the terms of the Offers, please contact CGMI at either (800) 558-3745 (toll free) or (212) 723-6106 (collect). Requests for copies of the Offer to Purchase and questions regarding the tender of Notes may be directed to Global Bondholder Services Corporation at (855) 654-2014 (toll free) or (212) 430-3774 (collect).

None of CGMI, CGMI’s board of directors, Citigroup, Citigroup’s board of directors, the depositary or the information agent makes any recommendation as to whether any holder of the Notes should tender or refrain from tendering all or any portion of the principal amount of the Notes.

This press release is neither an offer to purchase nor a solicitation to buy any of the Notes, and is not a solicitation for acceptance of any of the Offers. CGMI is making the Offers only by, and pursuant to the terms of, the Offer to Purchase. The Offers are not being made to (nor will tenders of Notes be accepted from or on behalf of) holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. This announcement must be read in conjunction with the Offer to Purchase.

United Kingdom. The communication of the Offer to Purchase and any such related documents and/or materials related to the Offers are directed only at (i) persons who are outside the United Kingdom (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) are high net worth entities, and other persons to whom such documents and materials may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). Any investment or investment activity to which the Offer to Purchase relates will only be available to, and engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on the Offer to Purchase or any of its contents.

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi

Certain statements in this release, including without limitation the anticipated consummation and successful completion of the Offers (including the satisfaction of the conditions described in the Offer to Purchase), the possible amendment, extension or abandonment of one or more of the Offers, and Citigroup’s successful execution of its liability management strategy, are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and are subject to risks, uncertainties and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors, including without limitation (i) the level of participation in the Offers and (ii) the precautionary statements included in this release and those contained in Citigroup’s filings with the U.S. Securities and Exchange Commission, including without limitation the factors and uncertainties summarized under “Forward‑Looking Statements” in Citigroup’s Annual Report on Form 10-K for the year ended December 31, 2025 (the “2025 10-K”) and the factors listed and described under “Risk Factors” in Citigroup’s 2025 10-K. Any forward-looking statements made by or on behalf of Citigroup speak only as to the date they are made, and Citigroup does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.

Media Contact:

Danielle Romero-Apsilos

[email protected]

Fixed Income Investor Contact:

Peter Demoise

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

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monday.com Goes All In on AI: From Work Management Platform to AI Work Platform

monday.com Goes All In on AI: From Work Management Platform to AI Work Platform

The biggest change in the company’s history: monday.com rebuilds its platform from the ground up around people and agents working together to get work done.

NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–
monday.com Ltd. (NASDAQ: MNDY) today announced the most significant change in its history. monday.com is now an AI Work Platform, an elevation of the company’s mission and a place where people and agents get work done together across every team, every department, and every type of business.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260506463102/en/

At the center of the platform are AI agents built natively into monday.com that any team member can configure, deploy, and direct, with no technical background required. At monday.com, we believe AI’s real power comes from agents and humans working together, and that combination is what makes AI real across an organization. That’s why monday agents draw on live data across every department, every workflow, and every priority to plan, coordinate, and execute inside the same permissions, security, and governance the business already trusts. monday.com agents can draft campaigns, qualify leads, close support tickets, onboard new hires, process purchase requests, and more, 24/7, all under human supervision.

“Our customers are running real businesses in a world that’s changing fast, and they need a platform built for that reality,” said Roy Mann, co-founder and co-CEO of monday.com. “So we built it. monday.com is now a place where people and agents work side by side. The real measure of a platform isn’t what it does – it’s what it lets people do. When you put the right technology in someone’s hands, their sense of what they can accomplish, and even who they are at work, begins to change. That’s already the response we’re hearing from customers.”

The gap between AI investment and AI impact remains one of the most pressing challenges facing organizations today. While enterprises have broadened access by 50%, only 25% have moved 40% or more of their experiments into production, and just 34% of companies are using AI to transform their businesses deeply. monday.com is built to close that gap, embedding AI directly into the workflows teams already rely on and giving every organization a direct path from experimentation to measurable outcomes.

“This is the biggest change in the history of our company, and we’re going all-in on the new vision,” said Eran Zinman, co-founder and co-CEO of monday.com. “We have 250,000 customers running their business on monday.com, and we owe them more than another AI feature. We owe them a platform built for what comes next – and that’s what we’re launching today.”

The launch also expands monday.com’s AI ecosystem with one-click connectors to leading AI platforms, including Anthropic’s Claude, Microsoft 365 Copilot, and OpenAI’s ChatGPT, giving customers the flexibility to bring their preferred AI into existing workflows. Additional capabilities include access to multiple large language models through monday’s AI Platform Gateway, new AI-powered development tools in monday vibe, and a redesigned mobile app that brings Sidekick and agents together in one place, so teams can orchestrate and execute work from anywhere.

The next phase of SaaS will be defined by who turns AI into real outcomes – reliably, at scale, for every team in every kind of business. That’s the bet monday.com is making, and the company is rebuilt around it.

To learn more and get started with monday.com’s AI Work Platform, visit monday.com.

About monday.com:

monday.com is the AI work platform that not only helps manage and orchestrate work, but also does the work for you. Over 250,000 customers worldwide use monday.com to bring people, workflows, and AI agents together on one flexible platform, where AI doesn’t just assist, it executes. From work management and CRM to service and dev, every monday.com product runs on the same AI layer, automating tasks, running workflows, and helping teams deliver exponentially more with less effort.

Visit us on LinkedIn, X (formerly Twitter), Instagram, YouTube, TikTok, and Facebook. For more information about monday.com, please visit our Press Room.

Media Relations contact:

Tiffani Gibson, Sr. Communications Manager

[email protected]

KEYWORDS: New York United States North America Israel Middle East

INDUSTRY KEYWORDS: Internet Data Management Technology Artificial Intelligence Software

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HPE Moves Self-Driving Networks From Vision to Reality With New Autonomous Networking Capabilities to Accelerate Secure, AI-Native Operations

HPE Moves Self-Driving Networks From Vision to Reality With New Autonomous Networking Capabilities to Accelerate Secure, AI-Native Operations

Customers boost efficiency and proactive operations by using HPE Self-driving Network capabilities, significantly reducing helpdesk tickets

HOUSTON–(BUSINESS WIRE)–HPE (NYSE: HPE) today announced new self-driving network capabilities, establishing the company as the industry’s first and only provider of fully autonomous, agentic AIOps networking.

With the introduction of new self-driving actions across HPE Mist and HPE Aruba Central, HPE delivers on its vision of secure, AI-native, fully autonomous networking by enabling networks that can detect, diagnose, and resolve issues in real time without human intervention. Central to this approach is a differentiated architecture powered by microservices, autonomous agents, and an advanced agentic mesh, designed to move beyond insight-driven operations to true autonomy, and proactively resolve issues before they impact revenue, operations, or brand reputation.

“The self-driving network is no longer aspirational; it’s operational,” said Rami Rahim, executive vice president, president and general manager, Networking, HPE. “The network HPE now delivers represents a pivotal shift for our customers, and marks a breakaway moment for them to capture the benefits of the next frontier of autonomous actions. This fundamentally changes the role of networking from a system that informs to one that takes action on behalf of the business, freeing customer networking teams to focus on innovation instead of operations.”

HPE helps Ministry of Justice boost reliability and efficiency with secure, AI-native, autonomous network operations

HPE customers such as the UK Ministry of Justice are realizing tangible benefits from full agentic autonomy via the HPE Self-driving Network, and have significantly improved network operations by leveraging HPE Self-driving Network capabilities to achieve a significant reduction in helpdesk tickets and dramatically streamline issue resolution. These results mirror broader customer outcomes across HPE’s portfolio, where automation and AI-driven insights have consistently reduced operational burdens, minimized escalations, and accelerated deployment timelines.

“Over the past four years, the Ministry of Justice has transformed how it operates a highly complex, multi‑vendor digital estate, embedding intelligence directly into the network at national scale,” said Nava Ramanan, Director of Technology, Ministry of Justice. “The HPE Self-driving Network enables trusted autonomous actions that help us anticipate and resolve issues before users are impacted. This approach has contributed to an approximate 75% reduction in Service Desk tickets and enabled us to bring the management of around 15,000 devices in‑house, giving our teams greater ownership, control, and flexibility to deliver resilient, always‑on justice services today and into the future.”

HPE advances self-driving networks with new autonomous actions

HPE is expanding the capabilities of its self‑driving network with new autonomous actions, driven by autonomous agents and powered by agentic AI across its HPE Mist and HPE Aruba Central platforms, further reducing the need for manual intervention. New agents announced today now deliver capacity and radio optimization, self-securing actions, and user roaming issue resolution.

Together, these capabilities enable networks to proactively improve user experience and prevent issues before they disrupt business operations. New self‑driving actions designed to optimize and secure end user experiences include:

  • Dynamic Capacity Optimization: Autonomously identifies capacity bottlenecks and dynamically tunes RF parameters, including band selection, channel bandwidth, and power levels, beyond predefined operational ranges by leveraging learned utilization patterns. This delivers optimized end-user capacity, coverage, and roaming experiences for wireless users.
  • Autonomous Missing VLAN Remediation: A trusted self-driving action that autonomously fixes VLAN configuration errors in the access layer to prevent blackholing of client traffic. This is an evolution from driver-assisted VLAN remediation, assuring even faster problem resolution for better user experiences.
  • Rogue DHCP Protection: Autonomously detects and remediates unauthorized DHCP servers to mitigate potential external security risks and prevent end user connectivity disruptions.
  • Real-time Dynamic Frequency Selection (DFS): Self-driving complements AI-driven Radio Resource Management (RRM) to adaptively learn and proactively avoid association issues on frequently impacted channels to mitigate wireless client disruptions.
  • Client Roaming Optimization: Ensure smooth, uninterrupted roaming for users by analyzing client connectivity metrics, including location, leading to self-driving actions. User Experience Latency Metrics: Accelerate root‑cause identification by measuring Wi‑Fi performance at “first connect” and providing clear, end‑to‑end visibility into latency from the user’s device to the cloud.

Seamless, secure connectivity with OpenRoaming and Zero Trust enhancements

Both HPE Mist and HPE Aruba Central benefit from expanded OpenRoaming integration, reducing costs and operational complexity while supporting easier, more secure Wi-Fi access across locations without constant logins, and protecting users with strong identity checks. This capability also helps simplify operations and move organizations faster toward Zero Trust security. Additional innovations announced today include:

  • Simplified Inline Microsegmentation: provides a unified wired and wireless policy framework that enables consistent enforcement for distributed enterprises – without requiring a network redesign.
  • Real-world Network Access Controller (NAC) Sandbox Testing: new “dry run” capabilities within HPE Mist Access Assurance allow policies to be validated against actual conditions and to assess true impact before deployment, reducing risk, enabling zero trust, and ensuring operational continuity.

Availability of dual platform access points

Previously announced in December, the first AI-native, dual-platform Wi-Fi access points are now generally available (GA), beginning with theHPE Networking 723H APs, which provide AI telemetry for self-driving networks in a hospitality-friendly, wall-mount form factor and are the first HPE Networking APs to work with HPE Mist or HPE Aruba Central.

HPE is also making available two special financing programs to accelerate network transformation: 10% savings on datacenter networking and enterprise routing for AI workloads, and 0% financing on HPE Networking term-based software, including HPE Juniper Networking Mist.

Today’s announcement blogs:

Recent HPE News:

About HPE

HPE (NYSE: HPE) is a leader in essential enterprise technology, bringing together the power of AI, cloud, and networking to help organizations achieve more. As pioneers of possibility, our innovation and expertise advance the way people live and work. We empower our customers across industries to optimize operational performance, transform data into foresight, and maximize their impact. Unlock your boldest ambitions with HPE. Discover more at www.hpe.com.

Media Contact:

Ben Stricker

[email protected]

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Technology Automotive Security Software Networks Internet Autonomous Driving/Vehicles Artificial Intelligence Fleet Management

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UNO™ and Vrbo Are Dealing Travelers an Unforgettable Game Night Getaway

UNO™ and Vrbo Are Dealing Travelers an Unforgettable Game Night Getaway

Play your “Draw 4”: for just $4 per night, unlock stays where connection, competition, and fun come together

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EL SEGUNDO, Calif.–(BUSINESS WIRE)–
Mattel, Inc. (NASDAQ: MAT) and Vrbo today announced a partnership to unveil six limited-time vacation home stays, giving travelers the chance to have a game night to remember. Through this collaboration, the iconic card game is going beyond the tabletop, with travelers able to book these wildly fun, UNO-themed stays. Located across some of Vrbo’s top vacation destinations, each home offers the perfect setting for UNO fans to compete, connect, and play together all weekend long.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260506458584/en/

UNO and Vrbo announced a partnership to unveil six limited-time vacation home stays, giving travelers the chance to have a game night to remember. Play your “Draw 4”: for just $4 per night, unlock stays where connection, competition, and fun come together

UNO and Vrbo announced a partnership to unveil six limited-time vacation home stays, giving travelers the chance to have a game night to remember. Play your “Draw 4”: for just $4 per night, unlock stays where connection, competition, and fun come together

Each of the UNO x Vrbo getaways are bookable for select weekends this summer. All six homes will include everything needed to bring friends and family together to play, laugh, and shout, “UNO!” Travelers can choose from two top-tier “Wild Card” stays, featuring UNO-themed décor, an UNO game night, an UNO x Vrbo Welcome Kit and an in-home dining experience, or four “Play It Your Way” stays in top destinations that feature the UNO x Vrbo Welcome Kit for groups that just want to play, offering comfortable, group-friendly amenities and a more flexible way to experience the getaway. In a nod to the fan-favorite UNO “Draw 4” card, all stays will be available for just $4 per night on a first-come, first-served basis. Now, that’s a game changer!

Katie Buford, Vice President and Global Head of Mattel Games said, “UNO isn’t just a game, it’s a spark that brings people together, from fueling friendly rivalries to creating lasting memories. With Vrbo, we’re bringing UNO into these homes and turning them into game-night destinations, giving fans a new way to connect, compete, and play together wherever they are.”

Helen Melluish, Vice President of Marketing at Vrbo said, “Vrbo has always been about friends and families spending real time together on vacation, and partnering with UNO builds on that idea in a simple, playful way. While the game of UNO can be full of surprises, guests can trust that these Vrbo properties will be quality places they won’t want to leave.”

Bookable Game-Night Getaways You’ll Never Want to Leave

“Wild Card” Stay

UNO and Vrbo are debuting two “Wild Card” homes outfitted with all the trappings of a top-tier game night. Located in the Hollywood Hills and Texas Hill Country, the luxurious properties were designed for an unforgettable game night getaway that’s anything but ordinary. The “Wild Card” stays will feature UNO themed décor, UNO game nights and an in-home dining experience.

  • “Wild Card” Stay in Los Angeles, California: May 29 – June 1

  • “Wild Card” Stay in Austin, Texas: June 19 – 22 

“Play It Your Way” Stay

Four “Play It Your Way” Stays will be available from July through August in some of Vrbo’s top vacation destinations and come with an UNO x Vrbo Welcome Kit so you can make the experience your own. Whether travelers want to experience the fresh Rocky Mountain air or play UNO in the sand, each “Play It Your Way” Stay has a game room, pool or hot tub, and other fun amenities guests can enjoy.

  • “Play It Your Way” Stay in Winter Park, Colorado: July 10 – 13

  • “Play It Your Way” Stay in Palm Desert, California: July 17 – 20

  • “Play It Your Way” Stay in Panama City Beach, Florida: July 24 – 27

  • “Play It Your Way” Stay in Atlanta, Georgia: Aug. 7 – 10

For a chance to book one of the six UNO x Vrbo homes for up to 10 guests, visit Vrbo.com/UNO at 1:00 pm ET/10:00 am PT on Friday, May 15. All bookings are first come, first served, so mark your calendars and set your alarms to secure your reservation.

As part of the partnership, UNO and Vrbo created a custom deck, featuring illustrations by Pietari Posti, that will be included in each UNO x Vrbo home. The card illustrations are inspired by popular travel destinations and vacation pastimes travelers can experience with Vrbo. The deck also features its own custom rule – the Vacation Rental Swap Rule – which allows players to swap hands with any other player after playing the card.

Building on the launch of Mattel and Expedia Group’s partnership, which kicked off with Ken’s Expedia Super Bowl commercial, this collaboration continues to turn iconic play into unforgettable travel experiences. For more information on how to secure your game night getaway visit Vrbo.com/UNO and follow @UNO and @Vrbo on Instagram and TikTok for more ways to play.

About Mattel

Mattel is a leading global play and family entertainment company and owner of one of the most iconic brand portfolios in the world. We engage consumers and fans through our franchise brands, including Barbie®, Hot Wheels®, Fisher-Price®, American Girl®, Thomas & Friends™, UNO™, Masters of the Universe®, Matchbox®, Monster High®, Polly Pocket®, as well as other popular properties that we own or license in partnership with global entertainment companies. Our offerings include toys, content, consumer products, digital and live experiences. Our products are sold in collaboration with the world’s leading retail and ecommerce companies. Since its founding in 1945, Mattel is proud to be a trusted partner in empowering generations to explore the wonder of childhood and reach their full potential. Visit us at mattel.com

About Vrbo

Since 1995, Vrbo® has been the go-to place for families and groups to find the perfect vacation rental for their next getaway — whether it’s a beach house, cozy cabin, city condo, or spacious villa with room for everyone.

Vrbo has grown into a trusted global vacation rental marketplace, connecting guests with dedicated hosts around the world. Offering high-quality stays and 24/7 live support, Vrbo helps guests spend less time worrying about trip planning and more time making lasting memories together.

Vrbo is part of Expedia Group and offers hosts exposure to nearly 1 billion average monthly searches on Expedia Group sites.

© 2026 Vrbo, an Expedia Group company. All rights reserved. Vrbo and the Vrbo logo are trademarks of HomeAway.com, Inc.

Sarah Larkin

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Entertainment Toys Family Consumer Lodging Vacation Destinations Retail Licensing (Entertainment) Travel

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UNO and Vrbo announced a partnership to unveil six limited-time vacation home stays, giving travelers the chance to have a game night to remember. Play your “Draw 4”: for just $4 per night, unlock stays where connection, competition, and fun come together
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Sweetgreen Brings Wraps Nationwide in Its Biggest Launch Yet

Sweetgreen Brings Wraps Nationwide in Its Biggest Launch Yet

Fan-favorite wraps expand nationwide following strong test momentum, with a new LTO flavor joining the lineup

LOS ANGELES–(BUSINESS WIRE)–SweetgreenⓇ today announced the nationwide launch of Wraps, introducing the format to its menu for the first time with bold flavor and satisfying portions. Following a successful market test across locations in New York, the Midwest, and Los Angeles, Wraps will be available at Sweetgreen restaurants nationwide beginning May 6.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260506257366/en/

Wraps bring the brand’s high-quality, thoughtfully sourced ingredients and scratch cooking into a format that fits seamlessly into busy, everyday routines.

Wraps bring the brand’s high-quality, thoughtfully sourced ingredients and scratch cooking into a format that fits seamlessly into busy, everyday routines.

The launch marks Sweetgreen’s biggest category expansion beyond its chef-crafted bowls, salads, and plates, introducing a more portable format designed for everyday occasions. All wraps are priced under $15, with the average price around $12.50*. Built to meet guests wherever they are, Wraps bring the brand’s real ingredients and thoughtful sourcing into a format that delivers both convenience and value.

Wraps bring the brand’s high-quality, thoughtfully sourced ingredients and scratch cooking into a format that fits seamlessly into busy, everyday routines. Each wrap is built with the same fresh, ingredient-forward approach that Sweetgreen is known for, layering bold flavors, texture, and protein into something that’s both craveable and easy to eat on the go. With the majority of the signature wraps containing 40+ grams of protein, wraps offer a feel-good option for moments when guests want something quick without sacrificing quality. To support that, the team created a custom extra virgin olive oil tortilla in close collaboration with a trusted supplier, free of seed oils and preservatives, designed to meet Sweetgreen’s standards for taste and ingredient integrity.

“We approached wraps the same way we approach everything at Sweetgreen, by focusing on the ingredients and getting every detail right,” said Jonathan Neman, Co-Founder and Chief Executive Officer at Sweetgreen. “We spent years developing this new platform, including creating a new tortilla and sourcing white cheddar and bacon that met our standards, then built each wrap with the same fresh, flavorful ingredients our guests come to us for. They deliver on what people crave. More flavor, more substance, more convenience, at a price point that makes Sweetgreen an everyday choice.”

Since launching in select markets in February, Wraps have quickly built a loyal following, with guests embracing the format and coming back for more. Early feedback has been overwhelmingly positive, with customers calling it “the best thing I’ve had at Sweetgreen” and “a really filling, worth-it meal.” That enthusiasm has only accelerated on social, where Wraps are already taking off on TikTok – sparking hundreds of videos, over 20 million views, and nearly 800K engagements across #sweetgreenwraps and #sweetgreenwrap – quickly becoming one of the most talked-about items on the menu.

The menu includes a lineup of familiar favorites, reimagined with bold flavor and Sweetgreen’s ingredient-forward approach:

  • Classic Chicken Caesar: Your go-to classic, elevated—made for easy, familiar lunches that always hit: antibiotic-free roasted chicken, parmesan crisps, shaved parmesan, garlic breadcrumbs and chopped romaine, tossed in caesar dressing with a squeeze of lemon.
  • Chicken Jalapeño Ranch: A burrito-inspired Wrap with antibiotic-free roasted chicken, warm white rice, corn salsa, white cheddar and pickled onions, finished with spicy charred jalapeño ranch.
  • Cali Chicken Club: Antibiotic-free roasted chicken, avocado, crumbled bacon, tomatoes and chopped romaine, finished with garlic aioli.
  • KBBQ Chicken: Antibiotic-free roasted chicken, white rice, napa cabbage slaw, apple kimchi sauce and crispy onions, finished with KBBQ drizzle (available for a limited time through August 11).

The launch will be supported by one of Sweetgreen’s largest social marketing campaigns to date, partnering with hundreds of micro and scaled creators who authentically represent a range of communities and passion points, with partners including Evan Mock, Joey Zauzig, Amanda McCants, Nicole Keshishian, Taryn Delanie Smith, and Ana Sofia Fehn, alongside a series of activations.

Wraps will be available nationwide beginning May 6 at all Sweetgreen locations. Guests can order in-store, via the Sweetgreen app or online at sweetgreen.com. To learn more about Sweetgreen, its menu, and its loyalty program, visit www.Sweetgreen.com. Follow @Sweetgreen on Instagram, Facebook, YouTube, and X.

*Higher prices and additional fees may apply for delivery orders and for purchases through third-party platforms.

About Sweetgreen: Sweetgreen (NYSE: SG) is on a mission to build healthier communities by connecting people to real food. Since 2007, the brand has reimagined what fast food can be: fresh, flavorful, and built on real relationships with growers. Sweetgreen’s supply chain spans the country while remaining rooted in partnerships with local farmers. Today, Sweetgreen serves seasonal, chef-crafted menus across more than 285 locations nationwide, creating spaces where food, people, and purpose come together.

Sweetgreen Contact:

Rebecca Nounou

Sweetgreen Contact

Media: [email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Retail Restaurant/Bar Food/Beverage

MEDIA:

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Wraps bring the brand’s high-quality, thoughtfully sourced ingredients and scratch cooking into a format that fits seamlessly into busy, everyday routines.
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Your go-to classic, elevated—made for easy, familiar lunches that always hit: antibiotic-free roasted chicken, parmesan crisps, shaved parmesan, garlic breadcrumbs and chopped romaine, tossed in caesar dressing with a squeeze of lemon.
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Each wrap is built with the same fresh, ingredient-forward approach that Sweetgreen is known for, layering bold flavors, texture, and protein into something that’s both craveable and easy to eat on the go.
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