Recent Articles from Business Wire

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMRs”) IN COMMON STOCK OF PAR VALUE $0.0001 EACH IN THE COMPANY (“Shares”)

On Dec. 14, 2025, the board of directors of ALLETE, Inc. (NYSE:ALE) (the Company) declared a “stub period” dividend, subject to the consummation of the merger, in an amount equal to $0.008 per share of Company common stock (which reflects the most recent regular quarterly dividend rate of $0.73 per share, divided by 91 days) multiplied by the number of days from and including August 16, 2025, the day after the record date for the most recent regular quarterly common stock dividend, to and including the closing date of the Company’s previously announced acquisition by Canada Pension Plan Investment Board and Global Infrastructure Partners.

SK Capital Partners, LP (“SK Capital”), a New York-based private investment firm focused on the life sciences, specialty materials, and ingredients sectors, today announced that its affiliate has reached an agreement to invest in Swixx BioPharma AG (“Swixx” or the “Company”) to accelerate the Company’s next phase of growth and global expansion. The investment values the Company in excess of EUR €1.5 billion. Swixx is the global leader in rest-of-world pharmaceutical commercialization services dedicated to delivering innovative, life-saving medications to underserved and hard-to-reach markets.

Knife River Corporation (NYSE: KNF) announced today that it has acquired the assets of Texcrete Operations LLC and TexAgg LLC (collectively “Texcrete”), supporting the company’s growth efforts in the Texas Triangle.

AIDS Healthcare Foundation (AHF) has launched two new national billboard and outdoor advertising campaigns. The first, “50 Countries – 2.7 Million in Care,” celebrates a historic AHF milestone: reaching operations in 50 countries worldwide, now with the recent addition of Bangladesh, an extraordinary achievement since the organization first launched its global programs in 2002 in South Africa and Uganda.

Income Laboratory, Inc. (Income Lab), the award-winning provider of dynamic, tax-smart retirement planning software, today announced a partnership with Cetera Financial Group ("Cetera"), the premier financial advisor Wealth Hub. Through this partnership, Income Lab’s modern, dynamic retirement income and planning tools, empowering advisors to deliver smarter retirement planning at scale, will be offered to approximately 12,000 financial advisors and institutions in the Cetera network.

MardiLyn Saathoff, General Counsel for NW Natural Holding Company (NYSE: NWN) (NW Natural Holdings), announced her intent to retire on April 1, 2026, after nearly 18 years of outstanding service to the company. The Board of Directors has appointed Megan H. Berge to succeed Saathoff as SVP and General Counsel, as well as Chief Compliance Officer and Corporate Secretary, effective January 1, 2026.

Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”) announced today that its board of directors has declared a fourth quarter 2025 dividend of $1.90 per share of common stock, representing an annualized dividend of $7.60 per common share. Since its inception in 2016, the Company has paid $1.1 billion in common stock dividends to its shareholders.

Strada, the media collaboration start-up co-founded by brothers Michael Cioni & Peter Cioni, today announced a significant investment from Other World Computing (OWC), the world leader in high performance storage, memory, connectivity, software, and accessories for media & entertainment customers. This investment marks a key milestone in Strada’s current fundraising program, further accelerating the Company’s product roadmap.

Despite mixed economic news throughout 2025, Forbright Bank Growth Savings customers report a high level of confidence in their money management skills and habits compared to the general population, according to results announced today from Forbright Bank’s 2025 Savings Survey. The survey of 1,317 respondents was designed to better understand how high-yield savings account holders view their financial health, especially during a time of economic uncertainty. The results may offer valuable insights for consumers, policymakers, and banking professionals across the country.

Experian Health today unveiled its predictions for the healthcare industry, a year that will be significantly shaped by new regulations, mounting financial pressures, and the shift from AI awareness to adoption. As the revenue cycle grows increasingly complex, healthcare organizations must look to harness technology to enhance human expertise in 2026.

Dole plc (NYSE: DOLE) (“Dole” or the “Company”) has today announced that certain of its subsidiaries have entered into several agreements that when completed will result in the sale of Dole’s port and port operations in Guayaquil, Ecuador to Terminal Investment Limited Holding S.A., (the “Buyer”).

Universal Synaptics Corporation (USC), the global leader in detecting and isolating elusive electrical intermittent faults that cause No Fault Found (NFF) test results, announced today that it has entered into a strategic agreement with GGAS Aviation Services (GGAS) in the Kingdom of Saudi Arabia to establish an accredited educational program for advanced Non-Destructive Testing (NDT).

Safe Software, a global leader in data integration and transformation, has once again been recognized in the 2025 Gartner® Magic Quadrant™ for Data Integration Tools, marking the sixth consecutive year the company has been included in this prestigious report.

The OpenFold Consortium, a leading open-science initiative developing AI foundation models for biomolecular structure prediction, today announced that Dr. Jan Domanski has joined the consortium as senior science lead. In this role, Dr. Domanski will spearhead scientific innovation, engineering excellence, and ecosystem growth as OpenFold advances its mission to democratize access to high-performance AI models for structural biology and drug discovery. He will work closely with Dr. Jennifer Wei, OpenFold’s senior technical lead, and a global network of academic and industry contributors to build an open, modular software stack that links state-of-the-art AI models with rich experimental and simulation data to improve model generalization and robustness for drug discovery.

Atelerix, a biotech company revolutionising cell preservation and biological transport with its pioneering hydrogel encapsulation technology, today announced it has entered a partnership with Cherry Biotech, a French company specialising in organ-on-chip and organoid technologies for biomedical research.

Palantir Technologies Inc. (NASDAQ: PLTR) announces a three-year renewal of its contract with the DGSI, France's domestic intelligence agency, extending a partnership that has been ongoing for nearly a decade. This agreement relates to the supply of Palantir’s proprietary software platform, as well as the integration, support, and assistance services that are necessary for the software’s deployment and operational use.

NOT FOR UK USE – NOT INTENDED FOR UK MEDIA

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that in collaboration with Professor Toshiaki Kamachi and colleagues from the School of Life Science and Technology at Institute of Science Tokyo (Science Tokyo) they have achieved the world’s first mechanism for elucidating the combined use of negative ions to enhance the oxidative action of ozone. In their joint study, they discovered that dissolving negative ions in the moisture surrounding viruses and other microorganisms lowers the pH due to nitrate-containing components derived from the negative ions, which in turn enhances the oxidative action of ozone in the moisture, enabling a strong reduction of viruses and bacteria even at low ozone concentrations. Mitsubishi Electric confirmed the reduction of bacteria and odors in low ozone concentrations of 50 parts per billion (ppb) in addition to specific viruses reported previously. Buildings are becoming more airtight and better insulated, raising concerns about inadequate indoor ventilation and unhygienic conditions. Ozone’s oxidative action has traditionally been used to maintain indoor hygiene, but ozone alone has faced challenges in terms of the durability and stability of its sanitizing effects. It is also known that ozone’s reduction of viruses and bacteria increases when used with negative ions and varies with pH. However, the specific chemical species of the negative ions and their pH-controlling effects had not been clarified.

American International Group, Inc. (NYSE: AIG) today announced that Scott Leney has been appointed Regional President, AIG Asia Pacific. Mr. Leney will lead AIG’s businesses in Australia, New Zealand, Singapore, Indonesia, Malaysia, Thailand, South Korea, Hong Kong, Taiwan, Vietnam, and the Philippines.

The recent easing of discount rate regulations by South Korea’s financial authorities will alleviate pressure on the solvency position of the country’s non-life insurers, according to a new AM Best commentary.

Immunome, Inc. (Nasdaq: IMNM), a biotechnology company focused on developing first-in-class and best-in-class targeted cancer therapies, today announced the company will host a conference call and webcast on Monday, December 15, 2025 at 8:30 am ET to disclose the topline results from the global pivotal Phase 3 RINGSIDE trial of varegacestat, an investigational, oral, once-daily gamma secretase inhibitor, in patients with progressing desmoid tumors.

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Contango ORE, Inc. (NYSE American: CTGO) and Dolly Varden Silver Corporation is fair to Contango shareholders. Upon completion of the proposed transaction, Contango shareholders will own approximately 50% of the combined company.

A Los Angeles Superior Court jury on Friday delivered a $40 million verdict against Johnson & Johnson.

Scholar Rock (NASDAQ: SRRK; the “Company”), today announced that the company granted inducement equity awards covering an aggregate of 7,800 shares of its common stock to two newly hired employees, consisting of inducement stock options to purchase an aggregate of 4,457 shares of common stock and inducement restricted stock units, covering an aggregate of 3,343 shares of its common stock.

NeuraLight, the leader in developing precision biomarkers for neurological disease, today announced that Prof. Thomas Südhof, a Nobel Prize-winning neuroscientist and one of the world’s leading Alzheimer’s disease researchers, has been named Scientific Co-founder of the company and joined its Scientific Advisory Board. This follows the announcement that world-recognized neurologist Prof. Olivier Rascol, a co-creator of the current gold standard for measuring Parkinson’s disease progression (MDS-UPDRS), will head the board.

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SBC Medical Group Holdings Incorporated (Nasdaq: SBC) (“SBC Medical” or the “Company”), a global provider of comprehensive consulting and management services for medical organizations, today announced the final results of its tender offer for common shares of Waqoo, Inc. (TOKYO:4937) (the "Tender Offer"), a medical research and development company specializing in regenerative medicine technologies, listed on the Tokyo Stock Exchange Growth Market.

A Los Angeles Superior Court jury today delivered a $40 million verdict against Johnson & Johnson.

The Law Offices of Frank R. Cruz reminds investors of the upcoming December 15, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired MoonLake Immunotherapeutics ("MoonLake" or the Company") (NASDAQ: MLTX) securities between March 10, 2024 and September 29, 2025, inclusive (the “Class Period”).

The Bay Area Robotics Association (BARA) has officially launched as a member-driven industry platform connecting corporates, roboticists, investors, and startups. BARA members will help to shape robotics and embodied AI in San Francisco, Silicon Valley, and beyond. BARA was unveiled today at the Humanoids Summit Silicon Valley, an industry event where leading minds in humanoid robotics, embodied AI and physical AI are convening from around the world. More information is available at https://www.bayarearobotics.org/.

As the leader of the No. 1 defense in the country, Ohio State University’s Caleb Downs has been named the 2025 Paycom Jim Thorpe Award Winner. The announcement was made live tonight on The Home Depot College Football Awards on ESPN. Downs received the 2025 honor – given to the top defensive back in college football based on performance on the field, athletic ability and character – on behalf of the Oklahoma Sports Hall of Fame, Jim Thorpe Association and presenting sponsor Paycom.

The Law Offices of Frank R. Cruz reminds investors of the upcoming December 15, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Baxter International, Inc. ("Baxter" or the "Company") (NYSE: BAX) securities between February 23, 2022 and October 29, 2025, inclusive (the “Class Period”).

The Law Offices of Frank R. Cruz announces an investigation of Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI) on behalf of investors concerning the Company’s possible violations of federal securities laws.

The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Bitdeer Technologies Group (“Bitdeer”) (NASDAQ: BTDR) on behalf of those who purchased or otherwise acquired Bitdeer securities between June 6, 2024, and November 10, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is February 2, 2026.

Crescent Energy Finance LLC (“CE Finance”), a wholly owned subsidiary of Crescent Energy Company (NYSE: CRGY) (“Crescent”) announced today the early results of the previously announced (i) offer to exchange (the “2029 Notes Exchange Offer”) any and all 7.75% Senior Notes due 2029 (the “Existing Vital 2029 Notes”) issued by Vital Energy, Inc. (“Vital”) that are held by Eligible Holders (as defined below) for up to $298,214,000 aggregate principal amount of new 7.75% Senior Notes due 2029 issued by CE Finance (the “New Crescent 2029 Notes”), (ii) offer to exchange (the “2030 Notes Exchange Offer” and, together with the 2029 Notes Exchange Offer, the “Exchange Offers”) any and all 9.750% Senior Notes due 2030 (the “Existing Vital 2030 Notes” and, together with the Existing Vital 2029 Notes, the “Existing Vital Notes”) issued by Vital that are held by Eligible Holders for up to $302,364,000 aggregate principal amount of new 9.750% Senior Notes due 2030 issued by CE Finance (the “New Crescent 2030 Notes” and, together with the New Crescent 2029 Notes, the “New Crescent Notes”), and (iii) related solicitations of consents (each, a “Consent”) by CE Finance from Eligible Holders to adopt certain proposed amendments (the “Proposed Amendments”) to each of the indentures governing the Existing Vital Notes, which, if adopted, would eliminate substantially all of the restrictive covenants, certain events of default and certain other provisions currently contained therein (each, a “Consent Solicitation” and, collectively, the “Consent Solicitations”).

A New Mexico jury has returned a $220 million verdict, finding that the Michelin North America tire company was liable for a deadly crash that killed three members of a Texas family in the summer of 2021.

If you have suffered a loss on your DeFi Technologies (“DeFi” or the “Company”) (NASDAQ:DEFT) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.

Law Offices of Howard G. Smith announces an investigation on behalf of Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI) investors concerning the Company’s possible violations of federal securities laws.

WiresConnect concluded their second-ever invite-only conference, which brought together visionary designers, entrepreneurs, creatives, and industry leaders shaping the future of fashion and beauty for a day full of strategic conversation and insightful collaboration. The attendees explored timely topics such as sustainability, digital innovation, inclusivity, and the evolving relationship between style, self-expression, and technology.

General American Investors Company, Inc. (NYSE: GAM), a closed-end investment company, announced that the price at which shares of its common stock will be issued to stockholders who elected to receive additional shares in payment of the 2025 year-end dividend and distribution on its common stock will be $58.745 per share. The issue price represents the average between the high and the low prices on the New York Stock Exchange on December 12, 2025, which was below the net asset value of $65.40 per share on that date. The dividend and distribution is payable on December 26, 2025. As announced on November 5, the dividend and distribution amounts to $6.40 per share in the aggregate and is estimated to consist of:

FAIRHOLME FUNDS, INC.

Halliburton Company (NYSE: HAL) will host a conference call on Wednesday, January 21, 2026, to discuss its fourth quarter 2025 financial results. The call will begin at 8:00 a.m. CT (9:00 a.m. ET).

Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI) investors concerning the Company’s possible violations of the federal securities laws.

OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate at November 30, 2025.

Granite Real Estate Investment Trust (“Granite” or the “Trust”) (TSX: GRT.UN / NYSE: GRP.U) announced today that the last day of trading for Granite’s trust units ("Units") on the New York Stock Exchange ("NYSE") is expected to be December 31, 2025.

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Innoviva Specialty Therapeutics, a subsidiary of Innoviva, Inc. (NASDAQ: INVA), today announced that the U.S. Food and Drug Administration (FDA) has approved NUZOLVENCE® (zoliflodacin) for oral suspension, a first-in-class, single-dose oral medication for the treatment of uncomplicated urogenital gonorrhea in adults and pediatric patients 12 years and older weighing at least 35 kg. The development of NUZOLVENCE was part of a private, not-for-profit collaboration with The Global Antibiotic Research and Development Partnership (GARDP), which sponsored and led the Phase 3 clinical trial that supported FDA approval.

Bausch + Lomb Corporation (NYSE/TSX: BLCO) (“Bausch + Lomb” or the “company”), a leading global eye health company dedicated to helping people see better to live better, today announced that it allocated a $2,802,125,000 tranche (the “Replacement Term Loans”) of new term B loans, the proceeds of which will be used to refinance all of its outstanding term B loans due 2031 (the “Third Amendment Term Loans”) and its outstanding term B loans due 2028 (the “First Incremental Term Loans”). The applicable margin is anticipated to be (i) 3.75% per annum for Replacement Term Loans with an interest rate determined by reference to term SOFR and (ii) 2.75% per annum for Replacement Term Loans with an interest rate determined by reference to the alternate base rate; the margin applicable to the Replacement Term Loans represents a 0.50% per annum reduction for the Third Amendment Term Loans and a 0.25% per annum reduction for the First Incremental Term Loans. The Replacement Term Loans will mature on January 15, 2031, which is same maturity date as the Third Amendment Term Loans and which represents a maturity extension of the First Incremental Term Loans from September 29, 2028.

Enveric Biosciences, Inc. (NASDAQ: ENVB) (“Enveric” or the “Company”), a biotechnology company advancing next-generation neuroplastogenic small molecules to address psychiatric and neurological disorders, today announced the closing of its previously announced exercise of certain outstanding warrants to purchase up to an aggregate of 426,390 shares originally issued in February 2025 and September 2025, having exercise prices of $36.00 and $10.98 per share, respectively, at a reduced exercise price of $7.05 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to effective registration statements on Form S-1 (No. 333-284277) and Form S-3 (No. 333-290580). The gross proceeds to the Company from the exercise of the warrants were approximately $3.1 million, prior to deducting placement agent fees and estimated offering expenses.

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The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fermi Inc. (“Fermi” or “the Company”) (NASDAQ: FRMI) for violations of the securities laws.

KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of Preserve and Retreat, two new communities within the highly desirable Crosswinds master plan in Morgan Hill, California. Nestled between the Santa Cruz Mountains and Silicon Valley, Morgan Hill blends small-town charm and scenic views with a welcoming downtown district where residents can enjoy an array of boutique shopping, acclaimed wineries and top-rated dining. The new homes are designed for the way people live today, with popular features like modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and ample storage space. The two-story, single-family floor plans at Preserve at Crosswinds range from 2,018 to 2,111 square feet and offer up to five bedrooms and three baths, while the two-story duet homes at Retreat at Crosswinds range from 2,345 to 2,529 square feet and feature up to five bedrooms and four baths. Homeowners will appreciate the planned community amenities, which include a pool, park, children’s playground and clubhouse with a lounge and barbecue area. Crosswinds is also walking distance to local schools and parks.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

LS Cable & System Ltd. (“LS C&S”), a global leader in power and communication cable and system solutions, today announced plans for a significant additional investment in Chesapeake, Virginia. Undertaken through three LS C&S subsidiaries, the project is expected to be the single largest capital investment in the history of the Hampton Roads region.

AM Best has downgraded the Financial Strength Rating (FSR) to C++ (Marginal) from B- (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “b+” (Marginal) from “bb-” (Fair) of Southern General Insurance Company (SGIC) (Atlanta, GA). The outlook of the FSR has been revised to stable from negative, while the outlook of the Long-Term ICR is negative. Concurrently, AM Best has withdrawn the Credit Ratings (ratings) as the company has requested to no longer participate in AM Best’s interactive rating process.

Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”), today announced it received overwhelming stockholder approval for the issuance of Crescent Class A common stock in connection with its proposed merger (the “Merger”) with Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy”) at a special meeting of stockholders held today. The Merger is expected to close on December 15, 2025.

indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indie.inc/news/default.aspx

Union Pacific Corporation appointed W. Anthony “Tony” Will to its Board of Directors, effective Jan. 6, 2026.

Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes,” the “Company,” or “our”), the nation’s premier single-family home leasing and management company, announced today that it has declared a quarterly cash dividend of $0.30 per share payable on shares of its common stock, representing a 3.4% increase over the prior quarterly dividend of $0.29 per share. The dividend will be paid on or before January 16, 2026, to stockholders of record of the Company’s common stock as of the close of business on December 23, 2025.

Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., “Blackstone Credit & Insurance”), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) (each a “Fund” and together the “Funds”).

TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that the Company’s Board of Directors has declared a cash dividend of $0.24 per share of common stock for the fourth quarter of 2025. The dividend will be payable on January 23, 2026 to common stockholders of record as of December 26, 2025.

Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on January 29, 2026 to shareholders of record as of January 9, 2026.

System1, Inc. (NYSE: SST) ("System1" or the "Company"), today announced that it was notified by the New York Stock Exchange (the "NYSE") that it is currently not in compliance with Section 802.01B of the NYSE Listed Company Manual because its 30 trading-day average market capitalization was less than $50 million and its last reported stockholder’s equity as of September 30, 2025 was less than $50 million. The Company has a period of 18 months to cure the market capitalization and/or stockholder’s equity deficiencies, subject to NYSE’s approval of the Company’s business plan to demonstrate its ability to regain compliance with such deficiencies within the 18-month cure period.

Prothena Corporation plc (NASDAQ:PRTA), a late-stage clinical biotechnology company with a robust pipeline of investigational therapeutics built on protein dysregulation expertise, today announced that Paula Cobb will step down from Prothena’s Board of Directors to join Manifold Bio as its Chief Operating Officer. During her six-year tenure, Ms. Cobb played a significant role in which she made key contributions to the Company’s vision and strategy.

McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the Board of Directors’ declaration of a quarterly cash dividend of $0.485 per common share for the quarter ending December 31, 2025. The dividend will be payable on January 30, 2026 to all shareholders of record on January 16, 2026. The year 2025 marks 34 consecutive years that McGrath RentCorp has raised its dividend to shareholders.

Ralph Lauren Corporation (NYSE: RL) announced that its Board of Directors has declared a regular quarterly dividend of $0.9125 per share on Ralph Lauren Corporation Common Stock. The dividend is payable on January 9, 2026 to shareholders of record at the close of business on December 26, 2025.

UnitedHealth Group (NYSE: UNH) will release its full year 2025 financial results and provide 2026 financial guidance on Tuesday, January 27, 2026, before the market opens, and will host a teleconference at 8:00 a.m. ET with analysts and investors. This call will be webcast on the Investor Relations page of the company’s website (www.unitedhealthgroup.com). The replay will be available through February 10 on the website.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Spirit Insurance Company (Spirit) (Colchester, VT) and Radius Insurance Company (Radius) (Cayman Islands). The outlook of these Credit Ratings (ratings) is stable.

AM Best has commented on the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Hildene Re SPC, Ltd. (Hildene Re) (Cayman Islands) remain unchanged following the announced acquisition of SILAC Inc. by Hildene Capital Management, LLC. The outlook of these Credit Ratings (ratings) is stable.

M1 Support Services (“M1”) announced today that Martin Craft has been named President, Army and Special Operations Forces (“SOF”) Programs. In his new role, Mr. Craft will provide executive leadership, strategic oversight, and operational direction for all M1 Army and SOF programs, ensuring performance excellence, continuous improvement, and alignment with M1’s long-term business strategy.

AM Best has placed under review with developing implications the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of SILAC Insurance Company (SILAC) (Salt Lake City, UT).

Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced the preliminary results of the Company’s 2025 Annual Meeting of Shareholders. Based on estimates by the Company’s proxy solicitor, Cannae’s shareholders are expected to elect James B. Stallings, Jr., Barry B. Moullet, Mona Aboelnaga and Chérie L. Schaible, to the Company’s Board of Directors (“Board”). The Board thanks Erika Meinhardt and Frank P. Willey for their exceptional contributions to Cannae.

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